Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA (Tables)

v2.4.1.9
SEGMENT DATA (Tables)
3 Months Ended
Mar. 31, 2015
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, 2015 and 2014:
 
Concerts
 
Ticketing
 
Artist
Nation
 
Sponsorship
& Advertising
 
Other
 
Corporate
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
Three Months Ended March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
$
623,234

 
$
375,630

 
$
77,945

 
$
52,097

 
$
793

 
$

 
$
(9,387
)
 
$
1,120,312

Direct operating expenses
485,972

 
185,692

 
46,830

 
10,628

 
1,068

 

 
(8,901
)
 
721,289

Selling, general and administrative expenses
150,990

 
112,413

 
37,214

 
13,094

 
834

 

 

 
314,545

Depreciation and amortization
29,181

 
43,296

 
10,035

 
1,988

 
11

 
516

 
(486
)
 
84,541

Loss (gain) on disposal of operating assets
226

 
(149
)
 

 

 

 
(38
)
 

 
39

Corporate expenses

 

 

 

 

 
24,360

 

 
24,360

Acquisition transaction expenses
(566
)
 
147

 
6

 

 

 
(114
)
 

 
(527
)
Operating income (loss)
$
(42,569
)
 
$
34,231

 
$
(16,140
)
 
$
26,387

 
$
(1,120
)
 
$
(24,724
)
 
$

 
$
(23,935
)
Intersegment revenue
$
8,739

 
$

 
$
648

 
$

 
$

 
$

 
$
(9,387
)
 
$

Capital expenditures
$
4,947

 
$
19,874

 
$
762

 
$
(15
)
 
$

 
$
229

 
$

 
$
25,797

Three Months Ended March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
$
662,490

 
$
354,461

 
$
72,556

 
$
45,388

 
$
746

 
$

 
$
(8,325
)
 
$
1,127,316

Direct operating expenses
517,155

 
172,591

 
42,076

 
8,064

 
(909
)
 

 
(7,826
)
 
731,151

Selling, general and administrative expenses
149,916

 
114,020

 
25,793

 
11,921

 
755

 

 

 
302,405

Depreciation and amortization
28,520

 
45,983

 
7,771

 
204

 
10

 
599

 
(499
)
 
82,588

Loss (gain) on disposal of operating assets
510

 
(74
)
 
33

 

 

 
37

 

 
506

Corporate expenses

 

 

 

 

 
21,174

 

 
21,174

Acquisition transaction expenses
327

 
5

 
453

 

 

 
1,015

 

 
1,800

Operating income (loss)
$
(33,938
)
 
$
21,936

 
$
(3,570
)
 
$
25,199

 
$
890

 
$
(22,825
)
 
$

 
$
(12,308
)
Intersegment revenue
$
7,430

 
$
273

 
$
622

 
$

 
$

 
$

 
$
(8,325
)
 
$

Capital expenditures
$
5,936

 
$
13,878

 
$
601

 
$
(45
)
 
$

 
$
1,444

 
$

 
$
21,814