Subsequent Events	6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]
Subsequent Events	15. SUBSEQUENT EVENTS As discussed in Note 5 “Goodwill and Intangible Assets, Net,” in June 2021, we purchased the naming rights to the downtown Oklahoma City arena that is currently home to the Oklahoma City Thunder National Basketball Association franchise. In July 2025, the naming rights agreement was amended to provide, among other things, that the agreement and our obligation to make the previously disclosed annual sponsorship fee payments thereunder will terminate on the earlier of (i) September 30, 2028 or (ii) the date of the last event hosted or presented at the current arena (subject to earlier termination in certain limited circumstances), with a reduction in the sponsorship fee if the term of the agreement ends prior to September 30, 2028 and in certain other limited circumstances. The amendment did not otherwise impact our obligation to make the previously disclosed annual sponsorship fee payments for the remainder of the amended agreement term. As discussed in Note 5, the cost of the naming rights was recorded as an intangible asset with an offsetting liability as of the date of the contract. As a result of the amendment to the naming rights agreement, the Company expects to recognize a gain with respect to the released portion of the liability of $35.6 million within the consolidated statements of comprehensive income for the three and nine months ended September 30, 2025. The Company expects to amortize the carrying value of the associated intangible asset over the remaining useful life of approximately three years, resulting in an increase in amortization expense of approximately $10.0 million per year.

Subsequent Events

6 Months Ended

Jun. 30, 2025

15.

SUBSEQUENT EVENTS

As discussed in Note 5 “Goodwill and Intangible Assets, Net,” in June 2021, we purchased the naming rights to the downtown Oklahoma City arena that is currently home to the Oklahoma City Thunder National Basketball Association franchise. In July 2025, the naming rights agreement was amended to provide, among other things, that the agreement and our obligation to make the previously disclosed annual sponsorship fee payments thereunder will terminate on the earlier of (i) September 30, 2028 or (ii) the date of the last event hosted or presented at the current arena (subject to earlier termination in certain limited circumstances), with a reduction in the sponsorship fee if the term of the agreement ends prior to September 30, 2028 and in certain other limited

circumstances. The amendment did not otherwise impact our obligation to make the previously disclosed annual sponsorship fee payments for the remainder of the amended agreement term. As discussed in Note 5, the cost of the naming rights was recorded as an intangible asset with an offsetting liability as of the date of the contract. As a result of the amendment to the naming rights agreement, the Company expects to recognize a gain with respect to the released portion of the liability of $35.6 million within the consolidated statements of comprehensive income for the three and nine months ended September 30, 2025. The Company expects to amortize the carrying value of the associated intangible asset over the remaining useful life of approximately three years, resulting in an increase in amortization expense of approximately $10.0 million per year.