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, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Revenue $ 6,478,547 $ 5,819,047 $ 5,383,998
Operating expenses:      
Direct operating expenses 4,680,507 4,151,277 3,789,488
Selling, general and administrative expenses 1,226,892 1,143,632 1,111,969
Depreciation and amortization 368,923 429,557 343,018
(Gain) loss on disposal of operating assets (38,259) (514) 978
Corporate expenses 94,385 113,364 112,157
Acquisition transaction expenses 6,439 3,370 8,051
Operating income (loss) 139,660 (21,639) 18,337
Interest expense 111,659 123,740 120,414
Loss (gain) on extinguishment of debt 36,269 (460) 0
Interest income (5,071) (4,170) (4,215)
Equity in earnings of nonconsolidated affiliates (856) (9,921) (7,742)
Other expense, net 2,796 1,333 6,507
Loss before income taxes (5,137) (132,161) (96,627)
Income tax expense (benefit) 30,878 29,736 (26,224)
Net loss (36,015) (161,897) (70,403)
Net income attributable to noncontrolling interests 7,363 1,330 12,613
Net loss attributable to common stockholders of Live Nation Entertainment, Inc. $ (43,378) $ (163,227) $ (83,016)
Basic and diluted net loss per common share attributable to common stockholders of Live Nation Entertainment, Inc. $ (0.22) $ (0.87) $ (0.46)
Weighted average common shares outstanding:      
Basic and diluted (in shares) 193,885,066 186,955,748 182,388,070