The Selected Financial Data should be read in conjunction with Item 7—Management’s Discussion and Analysis of Financial Condition and Results of Operations.
Year Ended December 31,
2015
2014
2013
2012
2011
(in thousands except per share data)
Results of Operations Data (1):
Revenue
$
7,245,731
$
6,866,964
$
6,478,547
$
5,819,047
$
5,383,998
Operating income (loss) (2)
$
131,372
$
7,164
$
139,660
$
(21,639
)
$
18,337
Income (loss) before income taxes (2)
$
6,353
$
(99,820
)
$
(5,137
)
$
(132,161
)
$
(96,627
)
Net loss attributable to common stockholders of Live Nation (3)
$
(32,508
)
$
(90,807
)
$
(43,378
)
$
(163,227
)
$
(83,016
)
Basic and diluted loss per common share available to common stockholders of Live Nation (4)
$
(0.33
)
$
(0.49
)
$
(0.23
)
$
(0.88
)
$
(0.46
)
Cash dividends per share
$
—
$
—
$
—
$
—
$
—
As of December 31,
2015
2014
2013
2012
2011
(in thousands)
Balance Sheet Data (1):
Total assets
$
6,156,241
$
5,968,361
$
5,668,360
$
5,274,474
$
5,050,812
Long-term debt, net (including current maturities)
$
2,045,014
$
2,043,400
$
1,793,726
$
1,723,673
$
1,678,729
(1)
Acquisitions and dispositions along with changes in foreign exchange rates can significantly impact the comparability of the historical consolidated financial data reflected in this schedule of Selected Financial Data.
(2)
The year ended December 31, 2014 includes $135.0 million of goodwill impairments recorded in conjunction with our annual impairment tests.
(3)
The year ended December 31, 2014 includes $97.4 million of goodwill impairments, net of the noncontrolling interests share of the impairments, recorded in conjunction with our annual impairment tests.
(4)
The year ended December 31, 2014 includes a loss of $0.48 per common share from the impact of the goodwill impairments.