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CCO » Topics » Share-Based Payments

These excerpts taken from the CCO 8-K filed Dec 11, 2009.

Share-Based Payments

As of December 31, 2008, there was $21.2 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years.

The following table details compensation costs related to share-based payments:

 

(In thousands)     
     Year Ended December 31,
     2008
Combined		    2007
Pre-Merger		    2006
Pre-Merger

Direct operating expenses

    $ 8,057    $ 6,951    $ 4,328

Selling, general and administrative expenses

      2,575      2,682      1,683

Corporate expenses

      957      538      88
                    

Total share-based payments

    $ 11,589    $ 10,171    $ 6,099
                    

Share-Based Payments

As of September 30, 2009, there was $18.4 million of unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately two years. The following table details compensation costs related to share-based payments for the three and nine months ended September 30, 2009 and 2008:

(In thousands)    Three Months Ended
September 30, 		   Nine Months Ended
September 30,
     2009
Post-merger		    2008
Combined		    2009
Post-merger		    2008
Combined

Direct operating expenses

    $ 1,694    $ 2,456    $ 5,698    $ 6,413

Selling, general and administrative expenses

      618      562      2,079      1,985

Corporate expenses

      182      228      611      737
                           

Total share-based payments

    $ 2,494    $ 3,246    $ 8,388    $ 9,135
                           

As of December 31, 2008, there was $21.2 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years.

 

66

The following table details compensation costs related to share-based payments for the years ended December 31, 2008, 2007 and 2006:

 

(In thousands)    Year Ended December 31,
     2008
Combined		    2007
Pre-Merger		    2006
Pre-Merger

Direct operating expenses

    $ 8,057    $ 6,951    $ 4,328

Selling, general and administrative expenses

      2,575      2,682      1,683

Corporate expenses

      957      538      88
                    

Total share-based payments

    $ 11,589    $ 10,171    $ 6,099
                    
This excerpt taken from the CCO 10-Q filed May 11, 2009.

Share-Based Payments

As of March 31, 2009, there was $22.6 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately two years. The following table details compensation costs related to share-based payments for the three months ended March 31, 2009 and 2008:

 

      Three Months Ended
March 31,
(In thousands)    2009
Post-merger		    2008
Pre-merger

Direct operating expenses

    $ 2,069    $ 1,420

Selling, general and administrative expenses

      755      510

Corporate expenses

      222      178
             

Total share-based payments

    $ 3,046    $ 2,108
             
This excerpt taken from the CCO DEF 14A filed Apr 30, 2009.

Share-Based Payments

As of December 31, 2008, there was $21.2 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years.

The following table details compensation costs related to share-based payments:

 

      Year Ended December 31,
(In thousands)    2008
Combined		    2007
Pre-Merger		    2006
Pre-Merger

Direct operating expenses

    $ 8,057    $ 6,951    $ 4,328

Selling, general and administrative expenses

      2,575      2,682      1,683

Corporate expenses

      957      538      88
                    

Total share-based payments

    $ 11,589    $ 10,171    $ 6,099
                    

 

A-9

Table of Contents
This excerpt taken from the CCO 10-K filed Mar 2, 2009.

Share-Based Payments

As of December 31, 2008, there was $21.2 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years.

The following table details compensation costs related to share-based payments:

 

     Year Ended December 31,
(In thousands)    2008
Combined		    2007
Pre-Merger		    2006
Pre-Merger

Direct operating expenses

    $ 8,057    $ 6,951    $ 4,328

Selling, general and administrative expenses

      2,575      2,682      1,683

Corporate expenses

      957      538      88
                    

Total share-based payments

    $ 11,589    $ 10,171    $ 6,099
                    

 

38

Table of Contents
This excerpt taken from the CCO 10-Q filed Nov 10, 2008.

Share-Based Payments

As of September 30, 2008, there was $23.7 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years. The following table details compensation costs related to share-based payments for the three and nine months ended September 30, 2008 and 2007:

 

     Three Months Ended
September 30,		    Nine Months Ended
September 30,
(In thousands)    2008
Combined		    2007
Pre-Merger		    2008
Combined		    2007
Pre-Merger

Direct operating expenses

    $ 2,456    $ 1,629    $ 6,413    $ 4,776

Selling, general and administrative expenses

      562      628      1,985      1,843

Corporate expenses

      228      125      737      366
                           

Total share-based payments

    $ 3,246    $ 2,382    $ 9,135    $ 6,985
                           
This excerpt taken from the CCO 10-Q filed Aug 11, 2008.

Share-Based Payments

As of June 30, 2008, there was $26.5 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years. The following table details compensation costs related to share-based payments for the three and six months ended June 30, 2008 and 2007:

 

(In thousands)    Three Months Ended
June 30,		    Six Months Ended
June 30,
     2008    2007    2008    2007

Direct operating expenses

    $ 2,537    $ 2,161    $ 3,957    $ 3,147

Selling, general and administrative expenses

      913      834      1,423      1,215

Corporate expenses

      331      168      509      241
                           

Total share-based payments

    $ 3,781    $ 3,163    $ 5,889    $ 4,603
                           

 

-14-

Table of Contents
This excerpt taken from the CCO 10-Q filed May 9, 2008.

Share-Based Payments

As of March 31, 2008, there was $18.6 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years. The following table details compensation costs related to share-based payments for the three months ended March 31, 2008 and 2007:

 

(In thousands)    Three Months Ended
March 31,
     2008    2007

Direct operating expenses

    $ 1,420    $ 986

Selling, general and administrative expenses

      510      381

Corporate expenses

      178      73
             

Total share-based payments

    $ 2,108    $ 1,440
             
This excerpt taken from the CCO DEF 14A filed Apr 7, 2008.

Share-Based Payments

We adopted FAS 123(R), Share-Based Payment, on January 1, 2006, under the modified-prospective approach which requires us to recognize employee compensation cost related to our stock option grants in the same line items as cash compensation for all options granted after the date of adoption as well as for any options that were unvested at adoption. Under the modified-prospective approach, no stock option expense attributable to these options is reflected in the financial statements for years prior to adoption. The amounts recorded as share-based payments in the financial statements during 2005 relate to the expense associated with restricted stock awards. As of December 31, 2007, there was $20.7 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years.

The following table details compensation costs related to share-based payments for the years ended December 31, 2007 and 2006:

 

(In thousands)    Year Ended December 31,
     2007    2006

Direct operating expenses

    $ 6,951    $ 4,328

Selling, general and administrative expenses

      2,682      1,683

Corporate expenses

      538      88
             

Total share-based payments

    $ 10,171    $ 6,099
             

 

A-6

Table of Contents
These excerpts taken from the CCO 10-K filed Feb 14, 2008.

Share-Based Payments

We adopted FAS 123(R), Share-Based Payment, on January 1, 2006, under the modified-prospective approach which requires us to recognize employee compensation cost related to our stock option grants in the same line items as cash compensation for all options granted after the date of adoption as well as for any options that were unvested at adoption. Under the modified-prospective approach, no stock option expense attributable to these options is reflected in the financial statements for years prior to adoption. The amounts recorded as share-based payments in the financial statements during 2005 relate to the expense associated with restricted stock awards. As of December 31, 2007, there was $20.7 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years.

The following table details compensation costs related to share-based payments for the years ended December 31, 2007 and 2006:

 

(In thousands)    Year Ended December 31,
     2007    2006

Direct operating expenses

    $ 6,951    $ 4,328

Selling, general and administrative expenses

      2,682      1,683

Corporate expenses

      538      88
             

Total share-based payments

    $ 10,171    $ 6,099
             

 

- 36 -

Table of Contents

Share-Based Payments

STYLE="margin-top:6px;margin-bottom:0px; text-indent:6%">We adopted FAS 123(R), Share-Based Payment, on January 1, 2006, under the modified-prospective approach which requires us to recognize
employee compensation cost related to our stock option grants in the same line items as cash compensation for all options granted after the date of adoption as well as for any options that were unvested at adoption. Under the modified-prospective
approach, no stock option expense attributable to these options is reflected in the financial statements for years prior to adoption. The amounts recorded as share-based payments in the financial statements during 2005 relate to the expense
associated with restricted stock awards. As of December 31, 2007, there was $20.7 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested share-based compensation arrangements. This cost is expected to
be recognized over a weighted average period of approximately three years.

The following table details compensation costs related to
share-based payments for the years ended December 31, 2007 and 2006:

 






































































(In thousands)  Year Ended December 31,
   2007  2006

Direct operating expenses

  $6,951  $4,328

Selling, general and administrative expenses

   2,682   1,683

Corporate expenses

   538   88
        

Total share-based payments

  $10,171  $6,099
        

 


- 36 -






Table of Contents


This excerpt taken from the CCO 10-Q filed Nov 9, 2007.

Share-Based Payments

As of September 30, 2007, there was $23.2 million of total unrecognized compensation cost related to nonvested share-based compensation arrangements. This cost is expected to be recognized over a weighted average period of approximately three years. The following table details compensation costs related to share-based payments for the three and nine months ended September 30, 2007 and 2006:

 

(In thousands)    Three Months Ended September 30,    Nine Months Ended September 30,
     2007    2006    2007    2006

Direct operating expenses

    $ 1,629    $ 1,081    $ 4,776    $ 3,279

Selling, general and administrative expenses

      628      420      1,843      1,275

Corporate expenses

      125      22      366      67
                           

Total share-based payments

    $ 2,382    $ 1,523    $ 6,985    $ 4,621
                           

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Dec 11, 2009
10-Q
May 11, 2009
DEF 14A
Apr 30, 2009
10-K
Mar 2, 2009
10-Q
Nov 10, 2008
10-Q
Aug 11, 2008
10-Q
May 9, 2008
DEF 14A
Apr 7, 2008
10-K (2 sections)
Feb 14, 2008
10-Q
Nov 9, 2007

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