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,
2016
2015
2014
2013
2012
(in thousands except per share data)
Results of Operations Data (1):
Revenue
$
8,354,934
$
7,245,731
$
6,866,964
$
6,478,547
$
5,819,047
Operating income (loss) (2)
$
194,940
131,372
$
7,164
$
139,660
$
(21,639
)
Income (loss) before income taxes (2)
$
48,326
$
6,353
$
(99,820
)
$
(5,137
)
$
(132,161
)
Net income (loss) attributable to common stockholders of Live Nation (3)
$
2,942
$
(32,508
)
$
(90,807
)
$
(43,378
)
$
(163,227
)
Basic and diluted net loss per common share available to common stockholders of Live Nation (4)
$
(0.23
)
$
(0.33
)
$
(0.49
)
$
(0.23
)
$
(0.88
)
Cash dividends per share
$
—
$
—
$
—
$
—
$
—
As of December 31,
2016
2015
2014
2013
2012
(in thousands)
Balance Sheet Data (1):
Total assets
$
6,764,266
$
6,156,241
$
5,968,361
$
5,668,360
$
5,274,474
Long-term debt, net (including current maturities)
$
2,313,053
$
2,045,014
$
2,043,400
$
1,793,726
$
1,723,673
(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.