Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA (Tables)

v2.4.0.6
SEGMENT DATA (Tables)
9 Months Ended
Sep. 30, 2012
SEGMENT DATA [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 and nine months ending September 30, 2012 and 2011:
 
 
 Artist
 Sponsorship
 
 Concerts
 Ticketing
 Nation
 & Advertising
 Other
 Corporate
Eliminations
 Consolidated
 (in thousands)
 Three Months Ended September 30, 2012
 Revenue
 $1,429,912
 $  345,980
 $   127,924
 $           95,805
 $        1,147
 $                -
 $   (37,622)
 $  1,963,146
 Direct operating expenses
   1,235,786
      161,566
         85,097
              11,102
              994
                   -
      (37,122)
     1,457,423
 Selling, general and
    administrative expenses
      146,528
      104,098
         22,146
              10,760
              314
                   -
                   -
         283,846
 Depreciation and amortization
         27,508
         43,315
         13,203
                    320
                49
              789
            (500)
           84,684
 Loss (gain) on sale of
    operating assets
                 (8)
                10
                   -
                         -
              (62)
                   -
                   -
                 (60)
 Corporate expenses
                   -
                   -
                   -
                         -
                   -
         30,842
                   -
           30,842
 Acquisition transaction
    expenses
           1,032
              381
                   -
                         -
                   -
              483
                   -
             1,896
 Operating income (loss)
 $     19,066
 $     36,610
 $        7,478
 $           73,623
 $         (148)
 $   (32,114)
 $                -
 $     104,515
 Intersegment revenue
 $     33,510
 $         (521)
 $        4,633
 $                      -
 $                -
 $                -
 $        (37,622)
 $                  -
 Three Months Ended September 30, 2011
 Revenue
 $1,280,297
 $   333,482
 $   121,375
 $           86,388
 $           779
 $                -
 $      (32,296)
 $  1,790,025
 Direct operating expenses
   1,066,140
      159,630
         80,994
              12,528
                   -
            (893)
         (32,095)
     1,286,304
 Selling, general and
    administrative expenses
      131,805
      120,947
         20,551
                8,036
           1,123
                   -
                   -
         282,462
 Depreciation and amortization
         33,103
         38,954
         10,693
                      88
                13
              691
            (201)
           83,341
 Loss (gain) on sale of
    operating assets
                13
                 (2)
                15
                         -
              204
                   1
                   -
                231
 Corporate expenses
                   -
                   -
                   -
                         -
                   -
         27,385
                   -
           27,385
 Acquisition transaction
    expenses
              826
              216
              276
                         -
                   -
           4,175
                   -
             5,493
 Operating income (loss)
 $     48,410
 $     13,737
 $        8,846
 $           65,736
 $         (561)
 $   (31,359)
 $                -
 $     104,809
 Intersegment revenue
 $        25,455
 $        4,675
 $        2,166
 $                      -
 $                -
 $                -
 $      (32,296)
 $                  -
 Nine Months Ended September 30, 2012
 Revenue
 $2,954,635
 $1,001,463
 $   298,570
 $         193,211
 $        2,345
 $                -
 $  (68,404)
 $  4,381,820
 Direct operating expenses
   2,475,222
      467,808
      199,106
              27,160
              571
                   -
       (66,861)
     3,103,006
 Selling, general and
    administrative expenses
      423,213
      312,099
         67,540
              28,741
           1,331
                   -
                   -
         832,924
 Depreciation and amortization
      100,004
      121,284
         36,271
                    341
                72
           2,227
         (1,543)
         258,656
 Loss (gain) on sale of
    operating assets
            (477)
            (145)
                   -
                         -
              367
                   -
                   -
              (255)
 Corporate expenses
                   -
                   -
                   -
                         -
                   -
         81,474
                   -
           81,474
 Acquisition transaction
    expenses
            (373)
                46
              401
                         -
                   -
           1,261
                   -
           1,335
 Operating income (loss)
 $   (42,954)
 $   100,371
 $      (4,748)
 $         136,969
 $               4
 $   (84,962)
 $                -
 $     104,680
 Intersegment revenue
 $       58,548
 $        2,175
 $        7,681
 $                      -
 $                -
 $                -
 $   (68,404)
 $                  -
 Capital expenditures
 $     17,385
 $     65,253
 $           476
 $             3,979
 $               3
 $        1,114
 $                -
 $        88,210
 Nine Months Ended September 30, 2011
 Revenue
 $2,811,796
 $   966,687
 $   293,941
 $         182,453
 $        2,385
 $           333
 $   (59,279)
 $  4,198,316
 Direct operating expenses
   2,353,774
      452,584
      197,261
              28,528
                   -
         (1,895)
       (58,673)
     2,971,579
 Selling, general and
    administrative expenses
      400,421
      304,393
         89,466
              25,763
           2,183
                   -
                   -
         822,226
 Depreciation and amortization
         87,818
      111,359
         37,305
                    276
                40
           1,557
            (606)
         237,749
 Loss (gain) on sale of
    operating assets
            (677)
              (88)
           1,256
                         -
              374
                   1
                   -
                866
 Corporate expenses
                   -
                   -
                   -
                         -
                   -
         73,011
                   -
           73,011
 Acquisition transaction
    expenses
         (5,289)
           1,167
         (1,906)
                         -
                   -
         13,892
                   -
             7,864
 Operating income (loss)
 $   (24,251)
 $     97,272
 $   (29,441)
 $         127,886
 $         (212)
 $   (86,233)
 $                -
 $        85,021
 Intersegment revenue
 $      41,133
 $        9,008
 $        9,138
 $                      -
 $                -
 $                -
 $   (59,279)
 $                  -
 Capital expenditures
 $     15,825
 $     44,249
 $        3,658
 $                892
 $                -
 $        4,606
 $                -
 $        69,230