Company: CCO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001334978-25-000008
Chunk: 125

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 125
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 (as previously defined). Specifically, other segment expenses include production, installation and maintenance costs related to the printing, transporting, posting and maintaining of advertising copy; costs to operate out-of-home displays, including electricity, repair and maintenance costs; and other general operating expenses, such as marketing, facilities and information technology costs.

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Table of ContentsCLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The following table reconciles certain of the reportable segment measures disclosed in the above table to the Company’s consolidated measures for its continuing operations:(In thousands)Year Ended December 31, 202420232022RevenueAmerica$1,143,510 $1,100,846 $1,105,552 Airports361,488 311,605 256,402 Other232 21,735 19,610 Total$1,505,230 $1,434,186 $1,381,564 Segment Adjusted EBITDAAmerica$487,990 $468,370 $499,390 Airports87,860 68,226 60,864 Other(1,142)2,914 2,753 Total$574,708 $539,510 $563,007 Reconciliation of Segment Adjusted EBITDA to Loss From Continuing Operations Before Income TaxesSegment Adjusted EBITDA$574,708 $539,510 $563,007 Less reconciling items:Corporate expenses(1)126,904 129,248 118,762 Restructuring and other costs(2)2,963 1,130 1,456 Depreciation and amortization173,998 196,811 173,726 Impairment charges— — 22,676 Other operating income, net(8,340)(4,488)(9,466)Interest expense, net401,541 398,050 334,055 Loss (gain) on extinguishment of debt2,393 (3,817)— Other expense, net8,378 5,699 784 Loss from continuing operations before income taxes$(133,129)$(183,123)$(78,986)Capital Expenditures(3)America$63,354 $75,431 $79,529 Airports12,619 20,050 25,298