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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Tour revenues $ 1,019 $ 100,983 $ 81,991 $ 267,294
Operating expenses:        
Cost of tours 8,075 48,294 62,988 124,831
General and administrative 9,145 15,266 36,170 47,615
Selling and marketing 2,128 15,531 18,413 42,100
Depreciation and amortization 8,485 6,233 23,728 18,603
Total operating expenses 27,833 85,324 141,299 233,149
Operating (loss) income (26,814) 15,659 (59,308) 34,145
Other (expense) income:        
Interest expense, net (4,529) (3,214) (11,763) (9,391)
Gain (loss) on foreign currency 989 (2,338) (6,334) (1,181)
Other expense (74) (30) (188) (79)
Total other expense (3,614) (5,582) (18,285) (10,651)
(Loss) income before income taxes (30,428) 10,077 (77,593) 23,494
Income tax (benefit) expense (2,893) 7,351 (7,664) 4,838
Net (loss) income (27,535) 2,726 (69,929) 18,656
Net (loss) income attributable to noncontrolling interest (156) 565 (956) 834
Net (loss) income attributable to Lindblad Expeditions Holdings, Inc. (27,379) 2,161 (68,973) 17,822
Non-cash deemed dividend to warrant holders 0 2,654 0 2,654
Net (loss) income available to stockholders $ (27,379) $ (493) $ (68,973) $ 15,168
Weighted average shares outstanding        
Basic (in shares) 49,779,525 48,863,506 49,715,663 46,704,634
Diluted (in shares) 49,779,525 48,863,506 49,715,663 49,091,370
Undistributed (loss) earnings per share available to stockholders        
Basic (in dollars per share) $ (0.56) $ (0.01) $ (1.40) $ 0.32
Diluted (in dollars per share) $ (0.56) $ (0.01) $ (1.40) $ 0.31