Live Nation Entertainment Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

The purchase or sale of ownership in an already controlled subsidiary, where the Company retains control after the transaction, is recorded as an equity transaction with no gain or loss recognized in consolidated net income or comprehensive income. In 2011, the Company acquired the remaining equity interests in Front Line, Vector and other smaller companies. See Note 3—Acquisitions for further discussion regarding the Front Line acquisition. The following schedule reflects the change in ownership interests for these transactions.

	Year Ended December 31,
	2012			2011			2010
	(in thousands)
Net loss attributable to common stockholders of Live Entertainment, Inc.	$	(163,227	)	$	(83,016	)	$	(228,390	)
Transfers from noncontrolling interest:
Changes in Live Nation Entertainment, Inc.'s additional paid-in capital for purchase of noncontrolling interests, net of transaction costs		43			85,590			3,573
Net transfers from noncontrolling interest		43			85,590			3,573
Change from net income (loss) attributable to common stockholders of Live
Nation Entertainment, Inc. and transfers from noncontrolling interests	$	(163,184	)	$	2,574		$	(224,817	)

Earnings Per Share

The following table sets forth the computation of basic and diluted net loss from continuing operations per common share:

	2012			2011			2010
	(in thousands, except for per share data)
Net income (loss) attributable to common stockholders of Live Nation Entertainment, Inc.	$	(163,227	)	$	(83,016	)	$	(228,390	)
Less loss from discontinued operations, net of tax		-			-			(4,228	)
Net loss from continuing operations attributable to common stockholders of Live Nation Entertainment, Inc.—basic and diluted	$	(163,227	)	$	(83,016	)	$	(224,162	)
Weighted average common shares—basic		186,956			182,388			164,410
Effect of dilutive securities:
Stock options, restricted stock and warrants		-			-			-
2.875% convertible senior notes		-			-			-
Weighted average common shares—diluted		186,956			182,388			164,410
Basic and diluted loss from continuing operations per common share	$	(0.87	)	$	(0.46	)	$	(1.36	)

Potentially Dilutive Securities Excluded From Diluted Net Loss Per Common Share

The calculation of diluted net income per common share includes the effects of the assumed exercise of any outstanding stock options and warrants, the assumed vesting of shares of restricted stock awards and units and the assumed conversion of the 2.875% convertible senior notes where dilutive. The following table shows securities excluded from the calculation of diluted net income per common share because such securities are anti-dilutive:

	2012		2011		2010
	(in thousands)
Options to purchase shares of common stock		24,722		21,429		20,464
Restricted stock awards and units - unvested		3,207		4,028		4,031
Warrants		500		500		500
Conversion shares related to 2.875% convertible senior notes		8,105		8,105		8,105
Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding		36,534		34,062		33,100

- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References + Details