XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue $ 2,031,790 $ 1,219,547 $ 5,542,708 $ 4,021,173
Operating expenses:        
Direct operating costs 1,097,631 431,076 2,630,435 1,618,563
Selling, general and administrative expenses 791,650 671,505 2,596,795 1,884,568
Depreciation and amortization 135,524 66,602 416,556 171,715
Impairment charges 0 28,196 0 28,196
Total operating expenses 2,024,805 1,197,379 5,643,786 3,703,042
Operating income (loss) from continuing operations 6,985 22,168 (101,078) 318,131
Other (expense) income:        
Interest expense, net (108,134) (82,271) (302,531) (257,811)
Tax receivable agreement liability adjustment (16) (20,297) (2,460) (7,779)
Other income (expense), net 33,846 (12,989) 32,574 753,544
(Loss) income from continuing operations before income taxes and equity losses of affiliates (67,319) (93,389) (373,495) 806,085
Provision for (benefit from) income taxes 113,774 20,853 (93,129) 195,521
(Loss) income from continuing operations before equity losses of affiliates (181,093) (114,242) (280,366) 610,564
Equity losses of affiliates, net of tax (5,219) (2,748) (10,315) (22,291)
(Loss) income from continuing operations, net of tax (186,312) (116,990) (290,681) 588,273
(Loss) income from discontinued operations (442,279) 10,148 (710,886) 8,918
(Benefit for) provision for income taxes (208,229) 9,142 (23,962) 10,385
(Loss) income from discontinued operations, net of tax (234,050) 1,006 (686,924) (1,467)
Net (loss) income (420,362) (115,984) (977,605) 586,806
Less: Net (loss) income attributable to non-controlling interests (155,693) (46,776) (361,078) 244,809
Net (loss) income attributable to Endeavor Group Holdings, Inc. $ (264,669) $ (69,208) $ (616,527) $ 341,997
Basic (loss) earnings per share from continuing operations $ (0.44) $ (0.22) $ (0.6) $ 1.15
Basic (loss) earnings per share from discontinued operations (0.42) (0.01) (1.42) (0.01)
Earnings Per Share, Basic, Total (0.86) (0.23) (2.02) 1.14
Diluted (loss) earnings per share from continuing operations (0.44) (0.24) (0.6) 1.13
Diluted (loss) earnings per share from discontinued operations (0.42) (0.01) (1.42) (0.01)
Earnings Per Share, Diluted, Total $ (0.86) $ (0.25) $ (2.02) $ 1.12
Weighted Average Number of Shares Outstanding, Basic 306,992,963 301,876,322 303,893,880 298,311,200
Weighted Average Number of Shares Outstanding, Diluted 306,992,963 300,640,142 303,893,880 301,305,267