Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 2,216,812 $ 1,526,591
Accounts receivable, less allowance of $32,871 and $29,634, respectively 865,107 568,936
Prepaid expenses 850,340 528,250
Other current assets 52,019 49,774
Total current assets 3,984,278 2,673,551
Property, plant and equipment    
Land, buildings and improvements 887,145 838,545
Computer equipment and capitalized software 566,650 524,571
Furniture and other equipment 281,417 256,765
Construction in progress 138,231 125,430
Property, plant and equipment, gross 1,873,443 1,745,311
Less accumulated depreciation 1,056,070 993,775
Property, plant and equipment, net 817,373 751,536
Intangible assets    
Definite-lived intangible assets, net 798,097 812,031
Indefinite-lived intangible assets 368,913 368,766
Goodwill 1,754,974 1,747,088
Other long-term assets 527,791 411,294
Total assets 8,251,426 6,764,266
Current liabilities    
Accounts payable, client accounts 858,089 726,475
Accounts payable 123,940 55,030
Accrued expenses 1,000,778 781,494
Deferred revenue 1,737,491 804,973
Current portion of long-term debt, net 66,430 53,317
Other current liabilities 49,929 39,055
Total current liabilities 3,836,657 2,460,344
Long-term debt, net 2,249,157 2,259,736
Deferred income taxes 205,770 197,811
Other long-term liabilities 155,788 149,791
Commitments and contingent liabilities
Redeemable noncontrolling interests 346,831 347,068
Stockholders’ equity    
Common stock 2,054 2,034
Additional paid-in capital 2,392,556 2,381,011
Accumulated deficit (1,024,972) (1,073,457)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (136,134) (176,707)
Total Live Nation stockholders’ equity 1,226,639 1,126,016
Noncontrolling interests 230,584 223,500
Total equity 1,457,223 1,349,516
Total liabilities and equity $ 8,251,426 $ 6,764,266