Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,942,407 $ 1,825,322
Accounts receivable, less allowance of $31,429 and $32,755, respectively 783,807 725,304
Prepaid expenses 867,936 546,713
Restricted cash 6,376 3,500
Other current assets 44,164 51,903
Total current assets 4,644,690 3,152,742
Property, plant and equipment    
Land, buildings and improvements 960,379 955,937
Computer equipment and capitalized software 672,828 610,924
Furniture and other equipment 314,419 312,962
Construction in progress 105,248 133,906
Property, plant and equipment, gross 2,052,874 2,013,729
Less accumulated depreciation 1,165,973 1,127,793
Property, plant and equipment, net 886,901 885,936
Intangible assets    
Definite-lived intangible assets, net 759,326 729,265
Indefinite-lived intangible assets 369,140 369,023
Goodwill 1,772,671 1,754,589
Other long-term assets 684,820 612,708
Total assets 9,117,548 7,504,263
Current liabilities    
Accounts payable, client accounts 1,121,424 948,637
Accounts payable 79,411 85,666
Accrued expenses 1,020,621 1,109,246
Deferred revenue 2,039,018 925,220
Current portion of long-term debt, net 119,414 347,593
Other current liabilities 58,825 160,638
Total current liabilities 4,438,713 3,577,000
Long-term debt, net 2,747,399 1,952,366
Deferred income taxes 138,517 137,635
Other long-term liabilities 155,998 174,391
Commitments and contingent liabilities
Redeemable noncontrolling interests 264,700 244,727
Stockholders’ equity    
Common stock 2,076 2,069
Additional paid-in capital 2,348,118 2,374,006
Accumulated deficit (1,113,378) (1,079,472)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (92,280) (108,542)
Total Live Nation stockholders’ equity 1,137,671 1,181,196
Noncontrolling interests 234,550 236,948
Total equity 1,372,221 1,418,144
Total liabilities and equity $ 9,117,548 $ 7,504,263