Annual report pursuant to Section 13 and 15(d)

SEGMENT DATA (Tables)

v3.19.3.a.u2
SEGMENT DATA (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following table presents the results of operations for our reportable segments for the years ending December 31, 2019, 2018 and 2017:
Concerts Ticketing Sponsorship
& Advertising		 Other Corporate Eliminations Consolidated
  (in thousands)
2019
Revenue $ 9,428,094    $ 1,545,189    $ 590,274    $ 3,162    $ —    $ (18,750)   $ 11,547,969   
Direct operating expenses 7,857,437    514,169    114,326    —    —    (18,750)   8,467,182   
Selling, general and administrative expenses 1,386,928    642,052    112,594    3,912    —    —    2,145,486   
Depreciation and amortization 239,682    156,894    33,084    364    13,967    —    443,991   
Loss (gain) on disposal of operating assets (2,490)   116    —    —    1    —    (2,373)  
Corporate expenses —    —    —    —    168,839    —    168,839   
Operating income (loss) $ (53,463)   $ 231,958    $ 330,270    $ (1,114)   $ (182,807)   $ —    $ 324,844   
Intersegment revenue $ 6,672    $ 12,078    $ —    $ —    $ —    $ (18,750)   $ —   
Capital expenditures $ 186,819    $ 105,246    $ 10,261    $ —    $ 35,252    $ —    $ 337,578   
2018
Revenue $ 8,770,031    $ 1,529,566    $ 503,968    $ 3,724    $ —    $ (19,489)   $ 10,787,800   
Direct operating expenses 7,340,757    549,265    92,494    4,905    —    (19,489)   7,967,932   
Selling, general and administrative expenses 1,248,346    634,829    97,540    16,313    —    —    1,997,028   
Depreciation and amortization 206,772    143,551    30,779    817    4,610    —    386,529   
Loss (gain) on disposal of operating assets 10,361    7    2    —    (1)   —    10,369   
Corporate expenses —    —    —    —    153,406    —    153,406   
Operating income (loss) $ (36,205)   $ 201,914    $ 283,153    $ (18,311)   $ (158,015)   $ —    $ 272,536   
Intersegment revenue $ 5,193    $ 14,296    $ —    $ —    $ —    $ (19,489)   $ —   
Capital expenditures $ 129,129    $ 110,202    $ 7,541    $ 169    $ 15,273    $ —    $ 262,314   
2017
Revenue $ 7,892,076    $ 1,346,510    $ 445,148    $ 21,012    $ —    $ (17,524)   $ 9,687,222   
Direct operating expenses 6,641,071    460,881    78,725    18,746    —    (17,525)   7,181,898   
Selling, general and administrative expenses 1,119,335    681,948    87,268    19,172    —    —    1,907,723   
Depreciation and amortization 226,315    112,727    27,669    432    5,057    1    372,201   
Loss (gain) on disposal of operating assets (1,056)   49    —    —    38    —    (969)  
Corporate expenses —    —    —    —    134,972    —    134,972   
Operating income (loss) $ (93,589)   $ 90,905    $ 251,486    $ (17,338)   $ (140,067)   $ —    $ 91,397   
Intersegment revenue $ 1,061    $ 16,643    $ —    $ —    $ —    $ (17,524)   $ —   
Capital expenditures $ 109,801    $ 105,317    $ 6,701    $ 149    $ 25,926    $ —    $ 247,894   
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
The following table provides revenue and long-lived assets for our foreign operations included in the consolidated financial statements:
Total Foreign Operations Total Domestic Operations Consolidated Total
(in thousands)
2019
Revenue $ 3,915,426    $ 7,632,543    $ 11,547,969   
Long-lived assets $ 263,349    $ 854,583    $ 1,117,932   
2018
Revenue $ 3,661,222    $ 7,126,578    $ 10,787,800   
Long-lived assets $ 199,299    $ 747,294    $ 946,593   
2017
Revenue $ 3,408,661    $ 6,278,561    $ 9,687,222   
Long-lived assets $ 201,724    $ 684,212    $ 885,936