Quarterly report pursuant to Section 13 or 15(d)

EQUITY (Tables)

v2.4.0.8
EQUITY (Tables)
3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Reconciliation of Carrying Amount of Equity and Redeemable Noncontrolling Interests
The following table shows the reconciliation of the carrying amount of stockholders’ equity attributable to Live Nation Entertainment, Inc., equity attributable to noncontrolling interests, total equity and also redeemable noncontrolling interests for the three months ended March 31, 2014:
 
Live Nation
Entertainment, Inc.
Stockholders’  Equity
 
Noncontrolling
Interests
 
Total
Equity
 
Redeemable
Noncontrolling
Interests
 
(in thousands)
 
(in thousands)
Balance at December 31, 2013
$
1,409,228

 
$
180,578

 
$
1,589,806

 
$
61,041

Non-cash and stock-based compensation
9,727

 
291

 
10,018

 

Common stock issued under stock plans, net of shares withheld for employee taxes
(7,658
)
 

 
(7,658
)
 

Exercise of stock options
7,919

 

 
7,919

 

Acquisitions

 
2,155

 
2,155

 

Purchases of noncontrolling interests
140

 
53

 
193

 

Sales of noncontrolling interests

 
(158
)
 
(158
)
 

Redeemable noncontrolling interests fair value adjustments
(2,044
)
 

 
(2,044
)
 
2,044

Noncontrolling interests contributions

 
231

 
231

 

Cash distributions

 
(4,195
)
 
(4,195
)
 

Other

 
(4,681
)
 
(4,681
)
 

Comprehensive income (loss):
 
 
 
 

 
 
Net income (loss)
(32,448
)
 
4,427

 
(28,021
)
 
(2,076
)
Unrealized loss on cash flow hedges
(3
)
 

 
(3
)
 

Realized loss on cash flow hedges
17

 

 
17

 

Change in funded status of defined benefit pension plan
30

 

 
30

 

Foreign currency translation adjustments
9,819

 

 
9,819

 

Balance at March 31, 2014
$
1,394,727

 
$
178,701

 
$
1,573,428

 
$
61,009

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in the components of AOCI, net of taxes, for the three months ended March 31, 2014:
 
 
Gains and Losses On Cash Flow Hedges
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
 
(in thousands)
Balance at December 31, 2013
 
$
(79
)
 
$
(611
)
 
$
(1,680
)
 
$
(2,370
)
Other comprehensive income (loss) before reclassifications
 
(3
)
 
30

 
9,819

 
9,846

Amount reclassified from AOCI
 
17

 

 

 
17

Net other comprehensive income
 
14

 
30

 
9,819

 
9,863

Balance at March 31, 2014
 
$
(65
)
 
$
(581
)
 
$
8,139

 
$
7,493

Potentially Dilutive Securities Excluded From Diluted Net Income Per Common Share
The following table shows securities excluded from the calculation of diluted net income per common share because such securities are anti-dilutive:
  
Three Months Ended 
 March 31,
  
2014
 
2013
 
(in thousands)
Options to purchase shares of common stock
18,060

 
22,078

Restricted stock awards and units—unvested
1,868

 
2,685

Warrants

 
500

Conversion shares related to 2.875% convertible senior notes
8,105

 
8,105

Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding
28,033

 
33,368