Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 2,227,555 $ 1,526,591
Accounts receivable, less allowance of $28,492 and $29,634, respectively 584,638 568,936
Prepaid expenses 739,793 528,250
Other current assets 49,463 49,774
Total current assets 3,601,449 2,673,551
Property, plant and equipment    
Land, buildings and improvements 858,667 838,545
Computer equipment and capitalized software 543,459 524,571
Furniture and other equipment 275,204 256,765
Construction in progress 124,284 125,430
Property, plant and equipment, gross 1,801,614 1,745,311
Less accumulated depreciation 1,019,448 993,775
Property, plant and equipment, net 782,166 751,536
Intangible assets    
Definite-lived intangible assets, net 820,727 812,031
Indefinite-lived intangible assets 368,798 368,766
Goodwill 1,724,113 1,747,088
Other long-term assets 526,264 411,294
Total assets 7,823,517 6,764,266
Current liabilities    
Accounts payable, client accounts 856,158 726,475
Accounts payable 68,263 55,030
Accrued expenses 707,811 781,494
Deferred revenue 1,796,015 804,973
Current portion of long-term debt, net 59,943 53,317
Other current liabilities 51,141 39,055
Total current liabilities 3,539,331 2,460,344
Long-term debt, net 2,258,820 2,259,736
Deferred income taxes 203,206 197,811
Other long-term liabilities 143,277 149,791
Commitments and contingent liabilities
Redeemable noncontrolling interests 338,316 347,068
Stockholders’ equity    
Common stock 2,047 2,034
Additional paid-in capital 2,393,242 2,381,011
Accumulated deficit (1,106,450) (1,073,457)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (165,231) (176,707)
Total Live Nation stockholders’ equity 1,116,743 1,126,016
Noncontrolling interests 223,824 223,500
Total equity 1,340,567 1,349,516
Total liabilities and equity $ 7,823,517 $ 6,764,266