v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,371,540 $ 1,825,322
Accounts receivable, less allowance of $34,225 and $32,755 in 2018 and 2017, respectively 829,320 725,304
Prepaid expenses 597,866 546,713
Restricted cash 6,663 3,500
Other current assets 42,685 51,903
Total current assets 3,848,074 3,152,742
Property, plant and equipment    
Land, buildings and improvements 984,558 955,937
Computer equipment and capitalized software 742,737 610,924
Furniture and other equipment 329,607 312,962
Construction in progress 160,028 133,906
Property, plant and equipment, gross 2,216,930 2,013,729
Less accumulated depreciation 1,270,337 1,127,793
Property, plant and equipment, net 946,593 885,936
Intangible assets    
Definite-lived intangible assets, net 661,451 729,265
Indefinite-lived intangible assets 368,854 369,023
Goodwill 1,822,943 1,754,589
Long-term advances 420,891 359,528
Other long-term assets 428,080 253,180
Total assets 8,496,886 7,504,263
Current liabilities    
Accounts payable, client accounts 1,037,162 948,637
Accounts payable 90,253 85,666
Accrued expenses 1,245,465 1,109,246
Deferred revenue 1,227,797 925,220
Current portion of long-term debt, net 82,142 347,593
Other current liabilities 67,047 160,638
Total current liabilities 3,749,866 3,577,000
Long-term debt, net 2,732,878 1,952,366
Long-term deferred income taxes 137,067 137,635
Other long-term liabilities 204,977 174,391
Commitments and contingent liabilities
Redeemable noncontrolling interests 329,355 244,727
Stockholders’ equity    
Common stock, $.01 par value; 450,000,000 shares authorized; 210,534,762 and 208,483,993 shares issued and 210,126,738 and 208,075,969 shares outstanding in 2018 and 2017, respectively 2,091 2,069
Additional paid-in capital 2,268,209 2,374,006
Accumulated deficit (1,019,223) (1,079,472)
Cost of shares held in treasury (408,024 shares) (6,865) (6,865)
Accumulated other comprehensive loss (145,231) (108,542)
Total Live Nation stockholders’ equity 1,098,981 1,181,196
Noncontrolling interests 243,762 236,948
Total equity 1,342,743 1,418,144
Total liabilities and equity 8,496,886 7,504,263
Series A Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock 0 0
Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock $ 0 $ 0

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