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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Total revenue $ 145,572 $ 140,598 $ 322,419 $ 314,665
Direct and selling, general and administrative expenses:        
Selling, general and administrative 32,780 25,041 59,253 53,705
Depreciation and amortization 15,882 13,875 31,571 26,285
Reimbursed costs 78 0 122 0
Gain on insurance proceeds 0 0 (1,521) 0
Direct and selling, general and administrative expenses 126,853 117,999 248,594 235,750
Operating income 18,719 22,599 73,825 78,915
Interest expense (5,632) (14,073) (27,514) (28,088)
Loss on extinguishment of debt 0 (12,526) 0 (12,526)
Other income (expense) 378 (239) (1,446) (1,313)
Net income (loss) before tax 13,465 (4,239) 44,865 36,988
Income tax benefit (provision) 3,356 (6,291) (6,227) (19,879)
Net income (loss) 16,821 (10,530) 38,638 17,109
Other comprehensive income (loss), net of taxes:        
Benefit obligation gain (loss) 18 29 (63) (42)
Other comprehensive income (loss) 18 29 (63) (42)
Total comprehensive income (loss) 16,839 (10,501) 38,575 17,067
Dividends of cumulative redeemable preferred shares 0 0 0 (7,922)
Non-cash dividend to warrant holders 0 (879) 0 (879)
Net income (loss) available to ordinary shareholders $ 16,821 $ (11,409) $ 38,638 $ 8,308
Earnings (losses) per share - Basic (in dollars per share) $ 0.14 $ (0.11) $ 0.34 $ 0.08
Earnings (losses) per share - Diluted (in dollars per share) $ 0.14 $ (0.11) $ 0.34 $ 0.08
Weighted average number of shares outstanding during the period - Basic (in shares) 116,987,887 104,064,220 113,685,219 83,275,443
Weighted average number of shares outstanding during the period - Diluted (in shares) 117,325,223 104,064,220 113,981,763 83,289,884
Hotel        
Direct and selling, general and administrative expenses:        
Direct $ 78,113 $ 79,083 $ 159,169 $ 155,760
Package        
Revenue:        
Total revenue 124,286 118,453 278,994 271,409
Non-package        
Revenue:        
Total revenue 21,153 22,145 42,952 43,256
Management fees        
Revenue:        
Total revenue 55 0 351 0
Cost reimbursements        
Revenue:        
Total revenue $ 78 $ 0 $ 122 $ 0