Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Revenue $ 5,819,047 $ 5,383,998 $ 5,063,748
Operating expenses:      
Direct operating expenses 4,151,277 3,789,488 3,658,310
Selling, general and administrative expenses 1,143,632 1,111,969 1,014,491
Depreciation and amortization 429,557 343,018 321,666
Loss (gain) on sale of operating assets (514) 978 374
Corporate expenses 113,364 112,157 110,252
Acquisition transaction expenses 3,370 8,051 22,355
Operating income (loss) (21,639) 18,337 (63,700)
Interest expense 123,740 120,414 116,527
Loss (gain) on extinguishment of debt (460) 0 21,315
Interest income (4,170) (4,215) (3,771)
Equity in earnings of nonconsolidated affiliates (9,921) (7,742) (4,928)
Other expense (income), net 1,333 6,507 (4,189)
Loss from continuing operations before income taxes (132,161) (96,627) (188,654)
Income tax expense (benefit) 29,736 (26,224) 15,154
Loss from continuing operations (161,897) (70,403) (203,808)
Loss from discontinued operations, net of tax 0 0 (4,228)
Net loss (161,897) (70,403) (208,036)
Net income attributable to noncontrolling interests 1,330 12,613 20,354
Net loss attributable to common stockholders of Live Nation Entertainment, Inc. $ (163,227) $ (83,016) $ (228,390)
Basic and diluted net loss per common share attributable to common stockholders of Live Nation Entertainment, Inc.:      
Loss from continuing operations (in dollars per share) $ (0.87) $ (0.46) $ (1.36)
Loss from discontinued operations (in dollars per share) $ 0 $ 0 $ (0.03)
Net loss attributable to common stockholders of Live Nation Entertainment, Inc. (in dollars per share) $ (0.87) $ (0.46) $ (1.39)
Weighted average common shares outstanding:      
Basic and diluted (in shares) 186,955,748 182,388,070 164,410,167