Annual report pursuant to Section 13 and 15(d)

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.8.0.1
THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Impact of the Adoption of Revenue Guidance on the Company's Results of Operations
The table below represents the impact of the adoption to the Company’s consolidated and Ticketing segment’s results of operations. The impact to the consolidated results of operations includes the elimination of intercompany transactions between the Company’s Concerts and Ticketing segments.
 
As Reported
 
Adjustment
 
As Restated
 
(in thousands)
Consolidated
 
 
 
 
 
2017
 
 
 
 
 
Revenue
$
10,337,448

 
$
(650,226
)
 
$
9,687,222

Direct operating expenses
$
7,748,791

 
$
(566,893
)
 
$
7,181,898

Depreciation and amortization
$
455,534

 
$
(83,333
)
 
$
372,201

2016
 
 
 
 
 
Revenue
$
8,354,934

 
$
(528,598
)
 
$
7,826,336

Direct operating expenses
$
6,082,708

 
$
(443,531
)
 
$
5,639,177

Depreciation and amortization
$
403,651

 
$
(85,067
)
 
$
318,584

Ticketing Segment
 
 
 
 
 
2017
 
 
 
 
 
Revenue
$
2,143,800

 
$
(797,290
)
 
$
1,346,510

Direct operating expenses
$
1,170,121

 
$
(709,240
)
 
$
460,881

Depreciation and amortization
$
200,777

 
$
(88,050
)
 
$
112,727

2016
 
 
 
 
 
Revenue
$
1,827,930

 
$
(661,901
)
 
$
1,166,029

Direct operating expenses
$
956,956

 
$
(574,266
)
 
$
382,690

Depreciation and amortization
$
185,925

 
$
(87,635
)
 
$
98,290