v3.19.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 2,670,538 $ 2,371,540
Accounts receivable, less allowance of $32,548 and $34,225, respectively 920,035 829,320
Prepaid expenses 772,296 597,866
Restricted cash 13,654 6,663
Other current assets 48,351 42,685
Total current assets 4,424,874 3,848,074
Property, plant and equipment    
Land, buildings and improvements 1,004,205 984,558
Computer equipment and capitalized software 788,304 742,737
Furniture and other equipment 345,936 329,607
Construction in progress 120,282 160,028
Property, plant and equipment, gross 2,258,727 2,216,930
Less accumulated depreciation 1,315,697 1,270,337
Property, plant and equipment, net 943,030 946,593
Operating lease assets 1,114,932 0
Intangible assets    
Definite-lived intangible assets, net 654,812 661,451
Indefinite-lived intangible assets 368,922 368,854
Goodwill 1,841,234 1,822,943
Long-term advances 531,763 420,891
Other long-term assets 422,966 428,080
Total assets 10,302,533 8,496,886
Current liabilities    
Accounts payable, client accounts 1,123,959 1,037,162
Accounts payable 103,567 90,253
Accrued expenses 1,140,215 1,245,465
Deferred revenue 2,068,792 1,227,797
Current portion of long-term debt, net 80,838 82,142
Current portion of operating lease liabilities 112,880 0
Other current liabilities 58,631 67,047
Total current liabilities 4,688,882 3,749,866
Long-term debt, net 2,715,966 2,732,878
Long-term operating lease liabilities 1,071,375 0
Deferred income taxes 142,710 137,067
Other long-term liabilities 100,177 204,977
Commitments and contingent liabilities
Redeemable noncontrolling interests 343,029 329,355
Stockholders’ equity    
Common stock 2,099 2,091
Additional paid-in capital 2,267,761 2,268,209
Accumulated deficit (1,071,667) (1,019,223)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (148,120) (145,231)
Total Live Nation stockholders’ equity 1,043,208 1,098,981
Noncontrolling interests 197,186 243,762
Total equity 1,240,394 1,342,743
Total liabilities and equity $ 10,302,533 $ 8,496,886

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