Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (104,450)us-gaap_ProfitLoss $ (36,015)us-gaap_ProfitLoss $ (161,897)us-gaap_ProfitLoss
Reconciling items:      
Depreciation 127,168us-gaap_Depreciation 122,164us-gaap_Depreciation 124,593us-gaap_Depreciation
Amortization 240,975us-gaap_AdjustmentForAmortization 246,759us-gaap_AdjustmentForAmortization 304,964us-gaap_AdjustmentForAmortization
Goodwill impairment 134,961us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss
Deferred income tax benefit (17,664)us-gaap_DeferredIncomeTaxExpenseBenefit (15,888)us-gaap_DeferredIncomeTaxExpenseBenefit (10,957)us-gaap_DeferredIncomeTaxExpenseBenefit
Amortization of debt issuance costs and discount/premium, net 16,038us-gaap_AmortizationOfFinancingCostsAndDiscounts 20,187us-gaap_AmortizationOfFinancingCostsAndDiscounts 16,696us-gaap_AmortizationOfFinancingCostsAndDiscounts
Loss (gain) on extinguishment of debt 188us-gaap_GainsLossesOnExtinguishmentOfDebt 36,269us-gaap_GainsLossesOnExtinguishmentOfDebt (460)us-gaap_GainsLossesOnExtinguishmentOfDebt
Non-cash compensation expense 39,029us-gaap_ShareBasedCompensation 28,415us-gaap_ShareBasedCompensation 37,063us-gaap_ShareBasedCompensation
Gain on disposal of operating assets (4,494)us-gaap_GainLossOnDispositionOfAssets (38,259)us-gaap_GainLossOnDispositionOfAssets (514)us-gaap_GainLossOnDispositionOfAssets
Equity in earnings of nonconsolidated affiliates (4,166)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions (856)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions (9,921)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
Loss (gain) on consolidation of nonconsolidated affiliates (16,356)lyv_BusinessConsolidationEquityInterestinAffiliateNetGainLoss (986)lyv_BusinessConsolidationEquityInterestinAffiliateNetGainLoss 2,373lyv_BusinessConsolidationEquityInterestinAffiliateNetGainLoss
Other, net (1,512)us-gaap_OtherNoncashIncomeExpense 4,907us-gaap_OtherNoncashIncomeExpense 8,062us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Decrease (increase) in accounts receivable (14,356)us-gaap_IncreaseDecreaseInAccountsReceivable 34,344us-gaap_IncreaseDecreaseInAccountsReceivable (20,319)us-gaap_IncreaseDecreaseInAccountsReceivable
Increase in prepaid expenses (187,113)us-gaap_IncreaseDecreaseInPrepaidExpense (8,410)us-gaap_IncreaseDecreaseInPrepaidExpense (88,841)us-gaap_IncreaseDecreaseInPrepaidExpense
Increase in other assets (44,447)us-gaap_IncreaseDecreaseInOtherOperatingAssets (102,756)us-gaap_IncreaseDecreaseInOtherOperatingAssets (22,316)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase in accounts payable, accrued expenses and other liabilities 31,878lyv_IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities 90,809lyv_IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities 63,812lyv_IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
Increase in deferred revenue 73,730us-gaap_IncreaseDecreaseInDeferredRevenue 36,788us-gaap_IncreaseDecreaseInDeferredRevenue 124,760us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash provided by operating activities 269,409us-gaap_NetCashProvidedByUsedInOperatingActivities 417,472us-gaap_NetCashProvidedByUsedInOperatingActivities 367,098us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES      
Collections and advances of notes receivable (25,627)us-gaap_PaymentsForAdvanceToAffiliate (1,193)us-gaap_PaymentsForAdvanceToAffiliate (2,408)us-gaap_PaymentsForAdvanceToAffiliate
Distributions from nonconsolidated affiliates 7,864us-gaap_EquityMethodInvestmentDividendsOrDistributions 13,889us-gaap_EquityMethodInvestmentDividendsOrDistributions 9,241us-gaap_EquityMethodInvestmentDividendsOrDistributions
Investments made in nonconsolidated affiliates (19,600)us-gaap_PaymentsToAcquireEquityMethodInvestments (9,628)us-gaap_PaymentsToAcquireEquityMethodInvestments (3,788)us-gaap_PaymentsToAcquireEquityMethodInvestments
Purchases of property, plant and equipment (139,587)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (134,868)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (123,811)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from disposal of operating assets, net of cash divested 7,045us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested 82,618us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested 8,293us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested
Cash paid for acquisitions, net of cash acquired (210,243)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (93,537)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (75,641)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Purchases of intangible assets (3,350)us-gaap_PaymentsToAcquireIntangibleAssets (522)us-gaap_PaymentsToAcquireIntangibleAssets (14,562)us-gaap_PaymentsToAcquireIntangibleAssets
Other, net (796)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (422)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (1,115)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (384,294)us-gaap_NetCashProvidedByUsedInInvestingActivities (143,663)us-gaap_NetCashProvidedByUsedInInvestingActivities (203,791)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from long-term debt, net of debt issuance costs 515,385us-gaap_ProceedsFromDebtNetOfIssuanceCosts 903,179us-gaap_ProceedsFromDebtNetOfIssuanceCosts 538,124us-gaap_ProceedsFromDebtNetOfIssuanceCosts
Payments on long-term debt (253,773)us-gaap_RepaymentsOfLongTermDebt (886,597)us-gaap_RepaymentsOfLongTermDebt (525,060)us-gaap_RepaymentsOfLongTermDebt
Contributions from noncontrolling interests 81us-gaap_ProceedsFromMinorityShareholders 363us-gaap_ProceedsFromMinorityShareholders 825us-gaap_ProceedsFromMinorityShareholders
Distributions to noncontrolling interests (32,513)us-gaap_PaymentsOfDividendsMinorityInterest (17,384)us-gaap_PaymentsOfDividendsMinorityInterest (20,079)us-gaap_PaymentsOfDividendsMinorityInterest
Purchases and sales of noncontrolling interests, net (4,391)lyv_PurchasesAndSalesOfNoncontrollingInterest (50,876)lyv_PurchasesAndSalesOfNoncontrollingInterest (4,259)lyv_PurchasesAndSalesOfNoncontrollingInterest
Proceeds from exercise of stock options 21,797us-gaap_ProceedsFromStockOptionsExercised 85,110us-gaap_ProceedsFromStockOptionsExercised 1,143us-gaap_ProceedsFromStockOptionsExercised
Payments for deferred and contingent consideration (5,722)us-gaap_PaymentsOfMergerRelatedCostsFinancingActivities (811)us-gaap_PaymentsOfMergerRelatedCostsFinancingActivities (10,585)us-gaap_PaymentsOfMergerRelatedCostsFinancingActivities
Net cash provided by (used in) financing activities 240,864us-gaap_NetCashProvidedByUsedInFinancingActivities 32,984us-gaap_NetCashProvidedByUsedInFinancingActivities (19,891)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (43,134)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (8,664)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 13,386us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase in cash and cash equivalents 82,845us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 298,129us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 156,802us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,299,184us-gaap_CashAndCashEquivalentsAtCarryingValue 1,001,055us-gaap_CashAndCashEquivalentsAtCarryingValue 844,253us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 1,382,029us-gaap_CashAndCashEquivalentsAtCarryingValue 1,299,184us-gaap_CashAndCashEquivalentsAtCarryingValue 1,001,055us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTAL DISCLOSURE      
Interest, net of interest income 89,343us-gaap_InterestPaid 86,669us-gaap_InterestPaid 107,975us-gaap_InterestPaid
Income taxes, net of refunds $ 41,471us-gaap_IncomeTaxesPaidNet $ 45,567us-gaap_IncomeTaxesPaidNet $ (2,238)us-gaap_IncomeTaxesPaidNet