Company: CCO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001334978-25-000037
Chunk: 49

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 49
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718, as follows:•RSUs are expensed on a straight-line basis over the requisite service period.•Expense for PSUs that vest based on Relative TSR, a market condition, is recognized over the service period regardless of outcome and is based on grant-date fair value determined using a Monte Carlo simulation.•Expense for PSUs that vest based on Cumulative ULFCF, a performance condition modified by the market-based CAGR Multiplier, is recognized only if achievement is considered probable and is reassessed each reporting period. The grant-date fair value of these PSUs is determined using a Monte Carlo simulation.As of September 30, 2025, 24,089,137 shares remained available for issuance under the Stock Incentive Plan, assuming a 100% payout of all outstanding PSUs, including awards granted to employees of discontinued operations.Treasury Share Settlement of Share-Based AwardsBeginning in the second quarter of 2025, the Company began settling certain share-based compensation awards through the reissuance of treasury shares rather than issuing new shares of common stock. Treasury shares are reissued at historical cost, with the Company applying a last-in, first-out method to determine cost. The related activity is reflected in the Consolidated Statements of Changes in Stockholders’ Deficit and classified as a non-cash financing activity.

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Table of ContentsCLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIESCONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

Computation of Net Income (Loss) per ShareThe following table presents the computation of net income (loss) per share for the three and nine months ended September 30, 2025 and 2024:(In thousands, except per share data)Three Months EndedSeptember 30,Nine Months EndedSeptember 30, 2025202420252024Numerators:    Loss from continuing operations$(49,587)$(28,074)$(98,558)$(122,712)Less: Net income from continuing operations attributable to noncontrolling interests1,217 959 2,993 2,034 Net loss from continuing operations attributable to the Company(50,804)(29,033)(101,551)(124,746)Income (loss) from discontinued operations(9,262)(3,482)113,571 (36,561)Less: Net income from discontinued operations attributable to noncontrolling interests28 25 85 70 Net income (loss) from