Company: CCO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001334978-25-000037
Chunk: 28

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 28
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loss)$15,013 $(159,273)Reconciling items:Non-cash operating lease expense (net of interest)160,214 200,288 Depreciation, amortization and impairment130,212 183,828 Gains on dispositions of businesses and/or operating assets, net(140,424)(6,580)Share-based compensation19,151 19,682 Amortization of deferred financing charges and note discounts7,695 8,715 Foreign exchange transaction loss (gain)4,035 (4,256)Credit loss expense2,598 1,107 Deferred taxes(5,884)(12,102)Loss on extinguishment of debt, net, and debt modification expense20,356 16,785 Other reconciling items, net(1,214)(83)Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:Decrease in accounts receivable35,096 46,325 Decrease (increase) in prepaid expenses and other operating assets(9,136)1,575 Decrease in accounts payable and accrued expenses(47,680)(74,082)Decrease in operating lease liabilities (cash payments, net of interest)(167,376)(211,742)Increase in accrued interest22,221 24,086 Increase in deferred revenue23,295 19,897 Decrease in other operating liabilities(9,622)(3,690)Net cash provided by operating activities58,550 50,480 Cash flows from investing activities:  Capital expenditures(56,898)(85,300)Payments for acquisition of businesses and/or assets, net of cash acquired(522)(18,067)Proceeds from sales of businesses and/or assets, net of direct costs to sell and cash sold603,502 12,240 Other investing activities, net(1,106)(1,103)Net cash provided by (used for) investing activities544,976 (92,230)Cash flows from financing activities:  Proceeds from long-term debt2,050,000 1,657,000 Payments on long-term debt(2,610,854)(1,635,364)Debt issuance and modification costs(27,184)(20,462)Taxes paid related to net share settlement of equity awards(4,444)(4,800)Payments to noncontrolling interests, net(4,833)(3,916)