Attached files
| file | filename |
|---|---|
| EX-23.1 - EX-23.1 - AUDACY, INC. | d502941dex231.htm |
| 8-K/A - FORM 8-K/A - AUDACY, INC. | d502941d8ka.htm |
Exhibit 99.2
SELECTED HISTORICAL FINANCIAL INFORMATION
OF
CBS RADIO INC.
| Year Ended December 31, | ||||||||||||
| Statements of Operations Data: |
2016 | 2015 | 2014 | |||||||||
| (in millions, except share and per share amounts) | ||||||||||||
| Revenues |
$ | 1,221.6 | $ | 1,230.6 | $ | 1,303.0 | ||||||
| Total costs and expenses |
1,782.6 | 1,470.9 | 1,003.7 | |||||||||
| Operating income (loss) |
(561.0 | ) | (240.3 | ) | 299.3 | |||||||
| Net income (loss) from continuing operations |
(552.4 | ) | (136.5 | ) | 176.5 | |||||||
| Net income from discontinued operations, net of tax |
— | 3.8 | 1.5 | |||||||||
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| Net income (loss) |
$ | (552.4 | ) | $ | (132.7 | ) | $ | 178.0 | ||||
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| Net income (loss) per basic and diluted share: |
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| Net income (loss) from continuing operations |
$ | (5.45 | ) | $ | (1.35 | ) | $ | 1.74 | ||||
| Net income from discontinued operations |
$ | — | $ | 0.04 | $ | 0.01 | ||||||
| Net income (loss) |
$ | (5.45 | ) | $ | (1.31 | ) | $ | 1.76 | ||||
| Weighted average number of basic and diluted common shares outstanding |
101,407,494 | 101,407,494 | 101,407,494 | |||||||||
| Three Months Ended March 31, |
Three Months Ended September 30, |
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| Statements of Operations Data: |
2017 | 2016 | 2017 | 2016 | ||||||||||||
| (in millions, except share and per share amounts) | ||||||||||||||||
| (unaudited) | (unaudited) | |||||||||||||||
| Revenues |
$ | 250.2 | $ | 264.1 | $ | 299.7 | $ | 317.0 | ||||||||
| Total costs and expenses |
218.5 | 208.4 | 241.2 | 238.4 | ||||||||||||
| Operating income (loss) |
31.7 | 55.7 | 58.5 | 78.6 | ||||||||||||
| Net income (loss) from continuing operations |
7.7 | 33.4 | 21.5 | 47.7 | ||||||||||||
| Net income from discontinued operations, net of tax |
— | — | — | — | ||||||||||||
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| Net income (loss) |
$ | 7.7 | $ | 33.4 | $ | 21.5 | $ | 47.7 | ||||||||
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| Net income (loss) per basic and diluted share: |
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| Net income (loss) from continuing operations |
$ | 0.08 | $ | 0.33 | $ | 0.21 | $ | 0.47 | ||||||||
| Net income from discontinued operations |
$ | — | $ | — | $ | — | $ | — | ||||||||
| Net income (loss) |
$ | 0.08 | $ | 0.33 | $ | 0.21 | $ | 0.47 | ||||||||
| Weighted average number of basic and diluted common shares outstanding |
101,407,494 | 101,407,494 | 101,407,494 | 101,407,494 | ||||||||||||
| Three Months Ended March 31, |
Six Months Ended June 30, |
Nine Months Ended September 30, |
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| Statements of Operations Data: |
2017 | 2016 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||
| (in millions, except share and per share amounts) | ||||||||||||||||||||||||
| (unaudited) | (unaudited) | (unaudited) | ||||||||||||||||||||||
| Revenues |
$ | 250.2 | $ | 264.1 | $ | 555.6 | $ | 577.1 | $ | 855.3 | $ | 894.1 | ||||||||||||
| Total costs and expenses |
218.5 | 208.4 | 465.6 | 439.7 | 706.8 | 678.1 | ||||||||||||||||||
| Operating income (loss) |
31.7 | 55.7 | 90.0 | 137.4 | 148.5 | 216.0 | ||||||||||||||||||
| Net income (loss) from continuing operations |
7.7 | 33.4 | 30.5 | 82.5 | 52.0 | 130.2 | ||||||||||||||||||
| Net income from discontinued operations, net of tax |
— | — | — | — | — | — | ||||||||||||||||||
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| Net income (loss) |
$ | 7.7 | $ | 33.4 | $ | 30.5 | $ | 82.5 | $ | 52.0 | $ | 130.2 | ||||||||||||
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| Net income (loss) per basic and diluted share: |
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| Net income (loss) from continuing operations |
$ | 0.08 | $ | 0.33 | $ | 0.30 | $ | 0.81 | $ | 0.51 | $ | 1.28 | ||||||||||||
| Net income from discontinued operations |
$ | — | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||||
| Net income (loss) |
$ | 0.08 | $ | 0.33 | $ | 0.30 | $ | 0.81 | $ | 0.51 | $ | 1.28 | ||||||||||||
| Weighted average number of basic and diluted common shares outstanding |
101,407,494 | 101,407,494 | 101,407,494 | 101,407,494 | 101,407,494 | 101,407,494 | ||||||||||||||||||