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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 58,610 $ 40,177
Accounts receivable (net of allowance for credit losses of $49,158 and $45,610, respectively) 218,473 176,672
Income taxes receivable 8,116 5,419
Notes receivable (net of allowance for credit losses of $5,601 and $5,805, respectively) 74,677 75,501
Prepaid expenses and other current assets 40,803 41,317
Total current assets 400,679 339,086
Property and equipment (net of accumulated depreciation and amortization of $135,566 and $125,903, respectively) 660,762 604,345
Operating lease right-of-use assets 79,745 83,451
Goodwill 220,187 220,187
Intangible assets (net of accumulated amortization of $239,570 and $209,037, respectively) 882,490 884,013
Notes receivable (net of allowance for credit losses of $1,603 and $1,526, respectively) 34,214 32,682
Investments for employee benefit plans, at fair value 48,205 47,603
Investments in affiliates 125,480 117,016
Deferred income taxes 107,655 108,308
Other assets 105,345 93,836
Total assets 2,664,762 2,530,527
Current liabilities    
Accounts payable 142,870 134,865
Accrued expenses and other current liabilities 116,569 136,729
Deferred revenue 105,761 102,114
Liability for guest loyalty program 86,729 89,013
Total current liabilities 451,929 462,721
Long-term debt 1,900,116 1,768,526
Long-term deferred revenue 128,616 132,259
Deferred compensation and retirement plan obligations 54,040 53,316
Operating lease liabilities 111,239 113,255
Liability for guest loyalty program 39,576 40,607
Other liabilities 5,484 5,114
Total liabilities 2,691,000 2,575,798
Commitments and contingencies (Note 12)
Common stock, $0.01 par value; 160,000,000 shares authorized; 95,065,638 shares issued at June 30, 2025 and December 31, 2024; 46,263,374 and 46,856,567 shares outstanding at June 30, 2025 and December 31, 2024, respectively 951 951
Additional paid-in-capital 387,161 370,201
Accumulated other comprehensive loss (4,051) (6,193)
Treasury stock, at cost; 48,802,264 and 48,209,071 shares at June 30, 2025 and December 31, 2024, respectively (2,511,169) (2,411,527)
Retained earnings 2,100,870 2,001,297
Total shareholders’ deficit (26,238) (45,271)
Total liabilities and shareholders’ deficit $ 2,664,762 $ 2,530,527