EQUITY (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
|---|
| Equity [Abstract] |
|
| Change in Noncontrolling Ownership Interest |
The following schedule reflects the change in ownership interests for these transactions:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2016 |
|
2015 |
|
2014 |
|
(in thousands) |
Net income (loss) attributable to common stockholders of Live Nation |
$ |
2,942 |
|
|
$ |
(32,508 |
) |
|
$ |
(90,807 |
) |
Transfers of noncontrolling interest: |
|
|
|
|
|
Changes in Live Nation’s additional paid-in capital for purchases of noncontrolling interests, net of transaction costs |
(49,111 |
) |
|
(6,555 |
) |
|
(3,796 |
) |
Changes in Live Nation’s additional paid-in capital for sales of noncontrolling interests, net of transaction costs |
1,424 |
|
|
11,899 |
|
|
(11,748 |
) |
Net transfers of noncontrolling interest |
(47,687 |
) |
|
5,344 |
|
|
(15,544 |
) |
Change from net income (loss) attributable to common stockholders of Live Nation and net transfers of noncontrolling interests |
$ |
(44,745 |
) |
|
$ |
(27,164 |
) |
|
$ |
(106,351 |
) |
|
| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents changes in the components of AOCI, net of taxes, for the years ended December 31, 2016, 2015 and 2014:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gains and Losses on Cash Flow Hedges |
|
Defined Benefit Pension Items |
|
Foreign Currency Items |
|
Total |
|
|
(in thousands) |
Balance at December 31, 2013 |
|
$ |
(79 |
) |
|
$ |
(611 |
) |
|
$ |
(1,680 |
) |
|
$ |
(2,370 |
) |
Other comprehensive income before reclassifications |
|
(6 |
) |
|
30 |
|
|
(67,724 |
) |
|
(67,700 |
) |
Amount reclassified from AOCI |
|
60 |
|
|
— |
|
|
— |
|
|
60 |
|
Net other comprehensive income |
|
54 |
|
|
30 |
|
|
(67,724 |
) |
|
(67,640 |
) |
Balance at December 31, 2014 |
|
(25 |
) |
|
(581 |
) |
|
(69,404 |
) |
|
(70,010 |
) |
Other comprehensive income (loss) before reclassifications |
|
— |
|
|
223 |
|
|
(41,895 |
) |
|
(41,672 |
) |
Amount reclassified from AOCI |
|
25 |
|
|
— |
|
|
— |
|
|
25 |
|
Net other comprehensive income (loss) |
|
25 |
|
|
223 |
|
|
(41,895 |
) |
|
(41,647 |
) |
Balance at December 31, 2015 |
|
— |
|
|
(358 |
) |
|
(111,299 |
) |
|
(111,657 |
) |
Other comprehensive income (loss) before reclassifications |
|
— |
|
|
(103 |
) |
|
(64,947 |
) |
|
(65,050 |
) |
Amount reclassified from AOCI |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Net other comprehensive income (loss) |
|
— |
|
|
(103 |
) |
|
(64,947 |
) |
|
(65,050 |
) |
Balance at December 31, 2016 |
|
$ |
— |
|
|
$ |
(461 |
) |
|
$ |
(176,246 |
) |
|
$ |
(176,707 |
) |
|
| Potentially Dilutive Securities Excluded From Diluted Net Income Per Common Share |
The following table shows securities excluded from the calculation of diluted net income per common share because such securities were anti-dilutive:
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
2016 |
|
2015 |
|
2014 |
|
(in thousands) |
Options to purchase shares of common stock |
|
16,283 |
|
|
16,309 |
|
|
16,999 |
|
Restricted stock awards—unvested |
|
1,080 |
|
|
861 |
|
|
1,171 |
|
Conversion shares related to convertible senior notes |
|
7,930 |
|
|
7,930 |
|
|
7,930 |
|
Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding |
|
25,293 |
|
|
25,100 |
|
|
26,100 |
|
|