Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA (Tables)

v2.4.0.6
SEGMENT DATA (Tables)
 3 Months Ended
Mar. 31, 2012
SEGMENT DATA [Abstract]  
Segment Data
The following table presents the results of operations for the Company's reportable segments for the three months ending March 31, 2012 and 2011:
 
 
 
 
 
 
 
 
Artist
 
 
Sponsorship
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Concerts
 
 
Ticketing
 
 
Nation
 
 
& Advertising
 
 
Other
 
 
Corporate
 
 
Eliminations
 
 
Consolidated
 
 
(in thousands)
 
Three Months Ended March 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
448,699
 
 
$
326,544
 
 
$
61,405
 
 
$
36,128
 
 
$
776
 
 
$
-
 
 
$
(5,555
 )
 
$
867,997
 
Direct operating expenses
 
 
343,353
 
 
 
151,875
 
 
 
40,638
 
 
 
6,721
 
 
 
1,485
 
 
 
-
 
 
 
(5,358
 )
 
 
538,714
 
Selling, general and administrative expenses
 
 
131,618
 
 
 
103,328
 
 
 
24,088
 
 
 
8,789
 
 
 
312
 
 
 
-
 
 
 
-
 
 
 
268,135
 
Depreciation and amortization
 
 
28,362
 
 
 
39,166
 
 
 
11,612
 
 
 
39
 
 
 
12
 
 
 
719
 
 
 
(197
 )
 
 
79,713
 
Loss (gain) on sale of operating assets
 
 
(470
 )
 
 
(90
 )
 
 
-
 
 
 
-
 
 
 
272
 
 
 
-
 
 
 
-
 
 
 
(288
 )
Corporate expenses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
23,217
 
 
 
-
 
 
 
23,217
 
Acquisition transaction expenses
 
 
814
 
 
 
(20
 )
 
 
50
 
 
 
-
 
 
 
-
 
 
 
465
 
 
 
-
 
 
 
1,309
 
Operating income (loss)
 
$
(54,978
 )
 
$
32,285
 
 
$
(14,983
 )
 
$
20,579
 
 
$
(1,305
 )
 
$
(24,401
 )
 
$
-
 
$
(42,803
 )
Intersegment revenue
 
$
3,481
 
 
$
882
 
 
$
1,192
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
(5,555
 )
 
$
-
 
Capital expenditures
 
$
3,255
 
 
$
18,331
 
 
$
133
 
 
$
756
 
 
$
-
 
 
$
908
 
 
$
-
 
 
$
23,383
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
449,270
 
 
$
317,509
 
 
$
54,136
 
 
$
33,071
 
 
$
799
 
 
$
332
 
 
$
(5,708
 )
 
$
849,409
 
Direct operating expenses
 
 
366,154
 
 
 
144,679
 
 
 
34,881
 
 
 
6,207
 
 
 
-
 
 
 
711
 
 
 
(5,508
 )
 
 
547,124
 
Selling, general and administrative expenses
 
 
126,301
 
 
 
90,192
 
 
 
47,306
 
 
 
8,613
 
 
 
557
 
 
 
-
 
 
 
-
 
 
 
272,969
 
Depreciation and amortization
 
 
26,413
 
 
 
37,252
 
 
 
13,481
 
 
 
99
 
 
 
14
 
 
 
422
 
 
 
(200
 )
 
 
77,481
 
Loss (gain) on sale of operating assets
 
 
(12
 )
 
 
(10
 )
 
 
1,241
 
 
 
-
 
 
 
76
 
 
 
-
 
 
 
-
 
 
 
1,295
 
Corporate expenses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
21,036
 
 
 
-
 
 
 
21,036
 
Acquisition transaction expenses
 
 
(4,854
 )
 
 
269
 
 
 
592
 
 
 
-
 
 
 
-
 
 
 
5,658
 
 
 
-
 
 
 
1,665
 
Operating income (loss)
 
$
(64,732
 )
 
$
45,127
 
 
$
(43,365
 )
 
$
18,152
 
 
$
152
 
 
$
(27,495
 )
 
$
-
 
 
$
(72,161
 )
Intersegment revenue
 
$
460
 
 
$
3,993
 
 
$
1,255
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
(5,708
 )
 
$
-
 
Capital expenditures
 
$
3,675
 
 
$
11,145
 
 
$
481
 
 
$
12
 
 
$
-
 
 
$
2,927
 
 
$
-
 
 
$
18,240