iHeartCommunications, Inc. (CCU) [Rocket]

In millions, except per share items	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10
	10-K	10-K	10-K	10-K/A	10-K	10-K	10-K	10-K
Revenues:
iHM	3,443.0	3,403.0	3,284.3	3,161.5	3,131.6	3,084.8
International Outdoor	1,334.9	1,410.5	1,457.2	1,610.6	1,560.4	1,667.7	1,751.1	1,581.1
Americas Outdoor	1,256.3	1,278.4	1,349.0	1,350.6	1,385.8	1,279.3	1,252.7	1,216.9
Other	143.7	171.6	153.7	202.5	182.0	281.9	234.5	261.5
Other							2,922.9	2,806.2
Total revenues	6,171.0	6,260.1	6,241.5	6,318.5	6,243.0	6,246.9	6,161.4	5,865.7
Revenue growth [+]	-1.4%	0.3%	-1.2%	1.2%	-0.1%	1.4%	5.0%	5.7%
iHM	1.2%	3.6%	3.9%	1.0%	1.5%
International Outdoor	-5.4%	-3.2%	-9.5%	3.2%	-6.4%	-4.8%	10.8%	8.3%
Americas Outdoor	-1.7%	-5.2%	-0.1%	-2.5%	8.3%	2.1%	2.9%	-1.7%
Other	-16.3%	11.6%	-24.1%	11.3%	-35.4%	20.2%	-10.3%	30.4%
Intersegment revenues	100.2%	25.9%	-59.2%
Cost of goods sold	2,461.7	2,398.8	2,471.1	2,540.0	2,567.2	2,498.4	2,504.5	2,381.6
Gross profit	3,709.3	3,861.3	3,770.4	3,778.5	3,675.8	3,748.5	3,656.9	3,484.0
Gross margin	60.1%	61.7%	60.4%	59.8%	58.9%	60.0%	59.4%	59.4%
Selling, general and administrative [+]	2,163.5	2,067.0	2,019.5	2,001.9	1,950.3	1,959.6	1,843.9	1,570.2
Sales and marketing	1,851.6	1,725.9	1,704.4	1,680.9
General and administrative	311.9	341.1	315.1	320.9
Other selling, general and administrative	1,851.6	1,725.9	1,704.4	1,680.9
Equity in earnings	-2.9	-16.7	-0.9	9.4	77.7	-18.6	-27.0	-5.7
Other operating expenses	-35.7	-353.6	-94.0	-40.0	-23.0	-48.1	-12.7	300.8
EBITDA [+]	1,578.6	2,131.1	1,844.0	1,826.1	1,826.3	1,818.4	1,798.7	1,607.4
EBITDA growth	-25.9%	15.6%	1.0%	0.0%	0.4%	1.1%	11.9%	32.0%
EBITDA margin	25.6%	34.0%	29.5%	28.9%	29.3%	29.1%	29.2%	27.4%
Depreciation	404.1	412.6	436.5	447.5	441.8	429.3	435.0	400.6
EBITA	1,174.5	1,718.5	1,407.5	1,378.6	1,384.4	1,389.1	1,363.7	1,206.8
EBITA margin	19.0%	27.5%	22.6%	21.8%	22.2%	22.2%	22.1%	20.6%
Amortization of intangibles	197.2	222.6	237.5	263.4	289.0	300.0	328.3	332.3
EBIT [+]	977.3	1,495.9	1,170.0	1,115.2	1,095.4	1,089.1	1,035.4	874.5
EBIT growth	-34.7%	27.9%	4.9%	1.8%	0.6%	5.2%	18.4%	93.3%
EBIT margin	15.8%	23.9%	18.7%	17.6%	17.5%	17.4%	16.8%	14.9%
Non-recurring items [+]	10.2	8.0	21.6	24.2	17.0	37.7	7.6	15.4
Asset impairment	10.2	8.0	21.6	24.2	17.0	37.7	7.6	15.4
Interest expense	1,865.6	1,850.0	1,805.5	1,741.6	1,649.5	1,549.0	1,466.2	1,533.3
Interest expense	1,865.6	1,850.0	1,805.5	1,741.6	1,649.5	1,549.0	1,466.2	1,533.3
Other income (expense), net [+]	-18.9	71.5	6.4	-53.1	-134.4	-221.9	44.5	51.4
Unrealized gain (loss) on marketable securities								-6.5
Gain (loss) on debt retirement	1.3	157.6	-2.2	-43.3	-87.9	-254.7	-1.4	-60.3
Other				9.1	-22.0	3.5	-3.2	-13.8
Pre-tax income	-917.4	-290.5	-650.7	-703.7	-705.3	-719.5	-394.0	-622.8
Income taxes	-457.4	-50.5	87.0	58.5	-121.8	-308.3	0.0	0.0
Tax rate	49.9%	17.4%			17.3%	42.8%	0.0%	0.0%
Minority interest	-66.1	56.3	17.1	31.6	23.4	13.3	34.1	16.2
Net income	-393.9	-296.4	-754.8	-793.8	-606.9	-424.5	-302.1	-479.1
Net margin	-6.4%	-4.7%	-12.1%	-12.6%	-9.7%	-6.8%	-4.9%	-8.2%

Basic EPS [+]		($3.50)	($8.96)	($9.46)				($1.35)
Growth		-60.9%	-5.3%					-100.0%
Diluted EPS [+]		($3.50)	($8.96)	($9.46)				($1.35)
Growth		-60.9%	-5.3%					-100.0%


Shares outstanding (basic) [+]		84.6	84.3	83.9				355.6
Growth		0.3%	0.4%					99953.7%
Shares outstanding (diluted) [+]		84.6	84.3	83.9				355.6
Growth		0.3%	0.4%					99953.7%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.