Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Revenue $ 1,679,513 $ 1,550,677 $ 2,603,211 $ 2,418,674
Operating expenses:        
Direct operating expenses 1,209,918 1,106,869 1,786,852 1,645,583
Selling, general and administrative expenses 295,719 280,943 575,241 549,078
Depreciation and amortization 82,688 94,259 164,853 173,972
Loss (gain) on disposal of operating assets (30,199) 93 (33,796) (195)
Corporate expenses 21,812 27,415 42,467 50,632
Acquisition transaction expenses 1,769 (1,870) 2,977 (561)
Operating income (loss) 97,806 42,968 64,617 165
Interest expense 30,041 29,488 58,192 59,198
Interest income (890) (931) (2,658) (1,831)
Equity in earnings of nonconsolidated affiliates (2,629) (1,801) (5,211) (5,682)
Other expense, net 3,868 5,424 7,506 3,642
Income (loss) before income taxes 67,416 10,788 6,788 (55,162)
Income tax expense 8,401 5,228 11,960 9,506
Net income (loss) 59,015 5,560 (5,172) (64,668)
Net income (loss) attributable to noncontrolling interests 885 (2,132) (63) (3,210)
Net income (loss) attributable to common stockholders of Live Nation Entertainment, Inc. $ 58,130 $ 7,692 $ (5,109) $ (61,458)
Basic and diluted net income (loss) per common share attributable to common stockholders of Live Nation Entertainment, Inc. $ 0.30 $ 0.04 $ (0.03) $ (0.33)
Weighted average common shares outstanding:        
Basic (in shares) 193,069,783 186,893,774 190,960,206 186,707,769
Diluted (in shares) 196,770,405 189,325,338 190,960,206 186,707,769