Exhibit 99.2
Summary of Segment Financial Information Revisions (unaudited)
The following table details out only the line items that were changed by Segment. See Exhibit 99.1 for the full Segment Financial Information for 2005.
Events | Venues and Sponsorship | Other | ||||||||||||||||||||||
Revised | Previously Reported | Revised | Previously Reported | Revised | Previously Reported | |||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Three months ended December 31, 2005 |
||||||||||||||||||||||||
Revenue |
$ | 613,415 | $ | 613,524 | $ | 107,029 | $ | 106,920 | $ | 17,801 | $ | 17,801 | ||||||||||||
Direct operating
expenses |
$ | 590,921 | $ | 580,884 | $ | 38,316 | $ | 38,212 | $ | 3,333 | $ | 13,474 | ||||||||||||
Selling, general
and administrative
expenses |
$ | 77,756 | $ | 82,130 | $ | 65,168 | $ | 60,794 | $ | 3,806 | $ | 3,806 | ||||||||||||
Operating income
(loss) |
$ | (60,099 | ) | $ | (54,327 | ) | $ | (10,811 | ) | $ | (6,442 | ) | $ | 9,353 | $ | (788 | ) | |||||||
Year ended December 31, 2005 |
||||||||||||||||||||||||
Revenue |
$ | 2,266,176 | $ | 2,266,285 | $ | 535,870 | $ | 535,761 | $ | 73,422 | $ | 73,422 | ||||||||||||
Direct operating
expenses |
$ | 2,120,884 | $ | 2,110,847 | $ | 177,961 | $ | 177,857 | $ | 20,173 | $ | 30,314 | ||||||||||||
Selling, general
and administrative
expenses |
$ | 248,454 | $ | 252,828 | $ | 224,914 | $ | 220,540 | $ | 42,461 | $ | 42,461 | ||||||||||||
Operating income
(loss) |
$ | (114,954 | ) | $ | (109,182 | ) | $ | 84,498 | $ | 88,867 | $ | 7,935 | $ | (2,206 | ) |