Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA Segment Data (Tables)

v3.7.0.1
SEGMENT DATA Segment Data (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Results of Operations Related to Reportable Segments of the Entity
The following table presents the results of operations for the Company’s reportable segments for the three months ended March 31, 2017 and 2016:
 
Concerts
 
Sponsorship
& Advertising
 
Ticketing
 
Other
 
Corporate
 
Eliminations
 
Consolidated
 
(in thousands)
Three Months Ended March 31, 2017
 
 
 
 
 
 
 
 
Revenue
$
863,277

 
$
63,988

 
$
493,710

 
$
5,847

 
$

 
$
(13,641
)
 
$
1,413,181

Direct operating expenses
664,745

 
11,574

 
261,803

 
279

 

 
(12,901
)
 
925,500

Selling, general and administrative expenses
228,580

 
19,458

 
130,037

 
5,233

 

 

 
383,308

Depreciation and amortization
46,442

 
6,510

 
47,339

 
109

 
935

 
(740
)
 
100,595

Loss (gain) on disposal of operating assets
(683
)
 

 

 

 
24

 

 
(659
)
Corporate expenses

 

 

 

 
25,803

 

 
25,803

Operating income (loss)
$
(75,807
)
 
$
26,446

 
$
54,531

 
$
226

 
$
(26,762
)
 
$

 
$
(21,366
)
Intersegment revenue
$
10,865

 
$
2,776

 
$

 
$

 
$

 
$
(13,641
)
 
$

Capital expenditures
$
33,642

 
$
505

 
$
25,452

 
$
146

 
$
4,122

 
$

 
$
63,867

Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
Revenue
$
754,892

 
$
57,636

 
$
405,786

 
$
841

 
$

 
$
(11,439
)
 
$
1,207,716

Direct operating expenses
575,094

 
13,514

 
206,465

 

 

 
(10,870
)
 
784,203

Selling, general and administrative expenses
202,480

 
13,869

 
118,262

 
2,603

 

 

 
337,214

Depreciation and amortization
43,927

 
4,906

 
45,749

 
20

 
922

 
(569
)
 
94,955

Loss (gain) on disposal of operating assets
(34
)
 

 

 

 
59

 

 
25

Corporate expenses

 

 

 

 
24,609

 

 
24,609

Operating income (loss)
$
(66,575
)
 
$
25,347

 
$
35,310

 
$
(1,782
)
 
$
(25,590
)
 
$

 
$
(33,290
)
Intersegment revenue
$
10,436

 
$
1,003

 
$

 
$

 
$

 
$
(11,439
)
 
$

Capital expenditures
$
6,172

 
$
318

 
$
16,259

 
$
20

 
$
1,757

 
$

 
$
24,526