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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Total revenue $ 982 $ 164,023 $ 178,210 $ 359,819
Direct and selling, general and administrative expenses        
Direct 20,380 92,582 118,278 186,325
Selling, general and administrative 19,739 32,048 53,571 63,876
Pre-opening 0 202 0 291
Depreciation and amortization 22,400 25,908 47,359 48,219
Reimbursed costs 458 2,949 1,408 3,537
Impairment loss 25,268 0 41,441 0
Loss on sale of assets 1,729 0 1,729 0
Gain on insurance proceeds (2,950) 0 (2,950) 0
Direct and selling, general and administrative expenses 87,024 153,689 260,836 302,248
Operating (loss) income (86,042) 10,334 (82,626) 57,571
Interest expense (20,916) (10,666) (41,871) (24,860)
Other income (expense) 4,853 364 947 (238)
Net (loss) income before tax (102,105) 32 (123,550) 32,473
Income tax benefit 14,647 1,008 13,536 11,555
Net (loss) income $ (87,458) $ 1,040 $ (110,014) $ 44,028
Earnings per share        
(Losses) earnings per share - Basic (in dollars per share) $ (0.67) $ 0.01 $ (0.85) $ 0.34
(Losses) earnings per share - Diluted (in dollars per share) $ (0.67) $ 0.01 $ (0.85) $ 0.34
Weighted average number of shares outstanding during the period - Basic (in shares) 130,466,383 130,421,695 129,876,545 130,480,549
Weighted average number of shares outstanding during the period - Diluted (in shares) 130,466,383 130,815,177 129,876,545 130,789,467
Package        
Revenue        
Total revenue $ 302 $ 136,095 $ 153,357 $ 305,887
Non-package        
Revenue        
Total revenue 240 24,428 22,818 48,910
Management fees        
Revenue        
Total revenue (18) 551 627 1,485
Cost reimbursements        
Revenue        
Total revenue $ 458 $ 2,949 $ 1,408 $ 3,537