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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Tour revenues $ 136,499 $ 124,798 $ 290,113 $ 268,194
Operating expenses:        
Cost of tours 78,641 77,654 157,943 149,703
General and administrative 34,148 29,155 66,535 55,574
Selling and marketing 18,281 15,158 41,038 35,810
Depreciation and amortization 13,637 11,331 24,954 23,139
Total operating expenses 144,707 133,298 290,470 264,226
Operating (loss) income (8,208) (8,500) (357) 3,968
Other (expense) income:        
Interest expense, net (11,321) (11,645) (22,906) (22,112)
(Loss) gain on foreign currency (12) 348 (251) 500
Other income (expense) 0 (3,867) 8 (3,696)
Total other expense (11,333) (15,164) (23,149) (25,308)
Loss before income taxes (19,541) (23,664) (23,506) (21,340)
Income tax expense 4,453 41 4,697 1,584
Net loss (23,994) (23,705) (28,203) (22,924)
Net income attributable to noncontrolling interest 673 765 442 922
Net loss attributable to Lindblad Expeditions Holdings, Inc. (24,667) (24,470) (28,645) (23,846)
Series A redeemable convertible preferred stock dividend 1,150 1,083 2,287 2,155
Net loss available to stockholders $ (25,817) $ (25,553) $ (30,932) $ (26,001)
Weighted average shares outstanding        
Basic (in shares) 53,500,084 53,245,491 53,436,128 53,186,796
Diluted (in shares) 53,500,084 53,245,491 53,436,128 53,186,796
Undistributed loss per share available to stockholders:        
Basic (in dollars per share) $ (0.48) $ (0.48) $ (0.58) $ (0.49)
Diluted (in dollars per share) $ (0.48) $ (0.48) $ (0.58) $ (0.49)