Company: CCO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001334978-25-000027
Chunk: 26

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 26
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)$0.02 $(0.08)$0.15 $(0.26)(1)For the three months ended June 30, 2025, diluted weighted average common shares outstanding included 1.6 million shares from the assumed conversion of dilutive equity awards, calculated using the treasury stock method. Equity awards representing 24.1 million shares for the three months ended June 30, 2024, and 28.3 million and 24.3 million shares for the six months ended June 30, 2025 and 2024, respectively, were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive.(2)Due to rounding, the total may not equal the sum of the line items in the table above.

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

NOTE 11 — OTHER INFORMATION

Reconciliation of Cash, Cash Equivalents and Restricted CashThe following table reconciles cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows:(In thousands)June 30,2025December 31,2024Cash and cash equivalents in the Balance Sheets$138,573 $109,707 Cash and cash equivalents included in Current assets of discontinued operations8,487 54,595 Restricted cash included in:  Other current assets1,321 1,116 Current assets of discontinued operations886 6,654   Other assets1,550 — Total cash, cash equivalents and restricted cash in the Statements of Cash Flows$150,817 $172,072 Accounts ReceivableThe following table presents the components of “Accounts receivable, net,” as reported in the Consolidated Balance Sheets:(In thousands)June 30,2025December 31,2024Accounts receivable$342,022 $355,622 Less: Allowance for credit losses(11,504)(11,526)Accounts receivable, net$330,518 $344,096 Credit loss expense for continuing operations, recognized within “Selling, general and administrative expenses” on the Consolidated Statements of Income (Loss), was $0.9 million and $1.3 million for the three months ended June 30, 2025 and 2024