EQUITY (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| Equity [Abstract] |
|
| Change in Noncontrolling Ownership Interest |
The following schedule reflects the change in ownership interests for these transactions:
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Year Ended December 31, |
|
2017 |
|
2016 |
|
2015 |
|
(in thousands) |
Net income (loss) attributable to common stockholders of Live Nation |
$ |
(6,015 |
) |
|
$ |
2,942 |
|
|
$ |
(32,508 |
) |
Transfers of noncontrolling interest: |
|
|
|
|
|
Changes in Live Nation’s additional paid-in capital for purchases of noncontrolling interests, net of transaction costs |
(3,616 |
) |
|
(49,111 |
) |
|
(6,555 |
) |
Changes in Live Nation’s additional paid-in capital for sales of noncontrolling interests, net of transaction costs |
— |
|
|
1,424 |
|
|
11,899 |
|
Net transfers of noncontrolling interest |
(3,616 |
) |
|
(47,687 |
) |
|
5,344 |
|
Change from net income (loss) attributable to common stockholders of Live Nation and net transfers of noncontrolling interests |
$ |
(9,631 |
) |
|
$ |
(44,745 |
) |
|
$ |
(27,164 |
) |
|
| 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, 2017, 2016 and 2015:
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Foreign Currency Items |
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Other |
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Total |
|
|
(in thousands) |
Balance at December 31, 2014 |
|
$ |
(69,404 |
) |
|
$ |
(606 |
) |
|
$ |
(70,010 |
) |
Other comprehensive income (loss) before reclassifications |
|
(41,895 |
) |
|
223 |
|
|
(41,672 |
) |
Amount reclassified from AOCI |
|
— |
|
|
25 |
|
|
25 |
|
Net other comprehensive income (loss) |
|
(41,895 |
) |
|
248 |
|
|
(41,647 |
) |
Balance at December 31, 2015 |
|
(111,299 |
) |
|
(358 |
) |
|
(111,657 |
) |
Other comprehensive loss before reclassifications |
|
(64,947 |
) |
|
(103 |
) |
|
(65,050 |
) |
Amount reclassified from AOCI |
|
— |
|
|
— |
|
|
— |
|
Net other comprehensive loss |
|
(64,947 |
) |
|
(103 |
) |
|
(65,050 |
) |
Balance at December 31, 2016 |
|
(176,246 |
) |
|
(461 |
) |
|
(176,707 |
) |
Other comprehensive income before reclassifications |
|
67,704 |
|
|
— |
|
|
67,704 |
|
Amount reclassified from AOCI |
|
— |
|
|
461 |
|
|
461 |
|
Net other comprehensive income |
|
67,704 |
|
|
461 |
|
|
68,165 |
|
Balance at December 31, 2017 |
|
$ |
(108,542 |
) |
|
$ |
— |
|
|
$ |
(108,542 |
) |
|
| 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:
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Year Ended December 31, |
|
|
2017 |
|
2016 |
|
2015 |
Options to purchase shares of common stock |
|
14,238,589 |
|
|
16,283,434 |
|
|
16,308,739 |
|
Restricted and deferred stock awards—unvested |
|
4,106,956 |
|
|
1,079,783 |
|
|
860,646 |
|
Conversion shares related to convertible senior notes |
|
7,929,982 |
|
|
7,929,982 |
|
|
7,929,982 |
|
Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding |
|
26,275,527 |
|
|
25,293,199 |
|
|
25,099,367 |
|
|