Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v3.5.0.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,039,706 $ 1,303,125
Accounts receivable, less allowance of $26,620 and $17,168, respectively 785,418 452,600
Prepaid expenses 533,283 496,226
Other current assets 48,798 36,364
Total current assets 2,407,205 2,288,315
Property, plant and equipment    
Land, buildings and improvements 827,960 840,032
Computer equipment and capitalized software 520,100 505,233
Furniture and other equipment 251,419 233,271
Construction in progress 95,398 47,684
Property, plant and equipment, gross 1,694,877 1,626,220
Less accumulated depreciation 974,287 894,938
Property, plant and equipment, net 720,590 731,282
Intangible assets    
Definite-lived intangible assets, net 759,210 777,763
Indefinite-lived intangible assets 368,906 369,317
Goodwill 1,671,629 1,604,315
Other long-term assets 489,489 385,249
Total assets 6,417,029 6,156,241
Current liabilities    
Accounts payable, client accounts 709,236 662,941
Accounts payable 66,347 58,607
Accrued expenses 905,729 686,664
Deferred revenue 518,678 618,640
Current portion of long-term debt, net 46,693 42,352
Other current liabilities 34,314 32,002
Total current liabilities 2,280,997 2,101,206
Long-term debt, net 1,984,511 2,002,662
Deferred income taxes 198,660 199,472
Other long-term liabilities 125,040 142,267
Commitments and contingent liabilities
Redeemable noncontrolling interests 308,773 263,715
Stockholders’ equity    
Common stock 2,027 2,020
Additional paid-in capital 2,401,969 2,428,566
Accumulated deficit (972,100) (1,075,111)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (144,273) (111,657)
Total Live Nation stockholders’ equity 1,280,758 1,236,953
Noncontrolling interests 238,290 209,966
Total equity 1,519,048 1,446,919
Total liabilities and equity $ 6,417,029 $ 6,156,241