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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 4,434,174 $ 575,946 $ 6,236,982 $ 866,555
Operating expenses:        
Direct operating expenses 3,267,023 243,120 4,338,045 377,086
Selling, general and administrative expenses 672,213 328,894 1,242,395 651,747
Depreciation and amortization 115,927 103,647 216,396 212,523
Loss (gain) on disposal of operating assets 1,065 (28) 2,730 110
Corporate expenses 59,247 27,598 91,657 55,546
Operating income (loss) 318,699 (127,285) 345,759 (430,457)
Interest expense 68,435 68,909 135,208 139,739
Interest income (13,192) (1,471) (20,756) (2,620)
Equity in losses (earnings) of nonconsolidated affiliates (1,955) 2,998 (6,243) 2,417
Loss (gain) from sale of investments in nonconsolidated affiliates 580 (993) 448 52,947
Other expense, net 5,619 9,461 14,886 7,462
Income (loss) before income taxes 260,372 (208,175) 223,112 (524,508)
Income tax expense 31,995 2,285 43,691 8,674
Net income (loss) 228,377 (210,460) 179,421 (533,182)
Net income (loss) attributable to noncontrolling interests 40,577 (14,795) 41,803 (30,324)
Net income (loss) attributable to common stockholders of Live Nation $ 187,800 $ (195,665) $ 137,618 $ (502,858)
Basic net loss per common share available to common stockholders of Live Nation $ 0.69 $ (0.90) $ 0.31 $ (2.34)
Diluted net loss per common share available to common stockholders of Live Nation $ 0.66 $ (0.90) $ 0.30 $ (2.34)
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 224,674,447 215,702,508 223,290,226 215,120,467
Weighted Average Number of Shares Outstanding, Diluted 243,634,764 215,702,508 231,367,674 215,120,467
Reconciliation to net income (loss) available to common stockholders of Live Nation:        
Net income (loss) attributable to common stockholders of Live Nation $ 187,800 $ (195,665) $ 137,618 $ (502,858)
Accretion of redeemable noncontrolling interests (32,560) 951 (68,274) 35
Net income (loss) available to common stockholders of Live Nation—basic 155,240 (194,714) 69,344 (502,823)
Interest on Convertible Debt, Net of Tax 6,365 0 0 0
Net income (loss) available to common stockholders of Live Nation—diluted $ 161,605 $ (194,714) $ 69,344 $ (502,823)

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