EQUITY (Tables)
|
12 Months Ended |
Dec. 31, 2018 |
|---|
| 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, |
|
2018 |
|
2017 |
|
2016 |
|
(in thousands) |
Net income (loss) attributable to common stockholders of Live Nation |
$ |
60,249 |
|
|
$ |
(6,015 |
) |
|
$ |
2,942 |
|
Transfers of noncontrolling interests: |
|
|
|
|
|
Changes in Live Nation’s additional paid-in capital for purchases of noncontrolling interests, net of transaction costs |
(8,210 |
) |
|
(3,616 |
) |
|
(49,111 |
) |
Changes in Live Nation’s additional paid-in capital for sales of noncontrolling interests, net of transaction costs |
1,410 |
|
|
— |
|
|
1,424 |
|
Net transfers of noncontrolling interests |
(6,800 |
) |
|
(3,616 |
) |
|
(47,687 |
) |
Change from net income (loss) attributable to common stockholders of Live Nation and net transfers of noncontrolling interests |
$ |
53,449 |
|
|
$ |
(9,631 |
) |
|
$ |
(44,745 |
) |
|
| 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, 2018, 2017 and 2016:
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|
Foreign Currency Items |
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Other |
|
Total |
|
|
(in thousands) |
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 |
) |
Other comprehensive loss before reclassifications |
|
(36,689 |
) |
|
— |
|
|
(36,689 |
) |
Amount reclassified from AOCI |
|
— |
|
|
— |
|
|
— |
|
Net other comprehensive loss |
|
(36,689 |
) |
|
— |
|
|
(36,689 |
) |
Balance at December 31, 2018 |
|
$ |
(145,231 |
) |
|
$ |
— |
|
|
$ |
(145,231 |
) |
|
| 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, |
|
|
2018 |
|
2017 |
|
2016 |
Options to purchase shares of common stock |
|
11,784,023 |
|
|
14,238,589 |
|
|
16,283,434 |
|
Restricted and deferred stock awards—unvested |
|
3,899,181 |
|
|
4,106,956 |
|
|
1,079,783 |
|
Conversion shares related to convertible senior notes |
|
8,912,099 |
|
|
7,929,982 |
|
|
7,929,982 |
|
Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding |
|
24,595,303 |
|
|
26,275,527 |
|
|
25,293,199 |
|
|