Business Segment Information

9 Months Ended

Sep. 24, 2020

Business Segment Information

Business Segment Information

8. Business Segment Information

The Company’s primary operations are reported in the following business segments: Theatres and Hotels/Resorts. Corporate items include amounts not allocable to the business segments. Corporate revenues consist principally of rent and the corporate operating loss includes general corporate expenses. Corporate information technology costs and accounting shared services costs are allocated to the business segments based upon several factors, including actual usage and segment revenues.

Following is a summary of business segment information for the 13 weeks and 39 weeks ended September 24, 2020 and September 26, 2019 (in thousands):

13 Weeks Ended			Hotels/		Corporate
September 24, 2020	Theatres		Resorts		Items		Total
Revenues	$	7,354	$	26,178	$	59	$	33,591
Operating loss		(37,174)		(6,925)		(3,888)		(47,987)
Depreciation and amortization		13,353		5,210		127		18,690

13 Weeks Ended			Hotels/		Corporate
September 26, 2019	Theatres		Resorts		Items		Total
Revenues	$	136,802	$	74,572	$	88	$	211,462
Operating income (loss)		16,843		10,580		(5,036)		22,387
Depreciation and amortization		13,438		5,451		337		19,226

39 Weeks Ended			Hotels/		Corporate
September 24, 2020	Theatres		Resorts		Items		Total
Revenues	$	118,414	$	82,253	$	317	$	200,984
Operating loss		(78,788)		(32,459)		(12,002)		(123,249)
Depreciation and amortization		40,245		15,955		368		56,568

39 Weeks Ended			Hotels/		Corporate
September 26, 2019	Theatres		Resorts		Items		Total
Revenues	$	414,074	$	199,604	$	323	$	614,001
Operating income (loss)		57,656		11,443		(14,287)		54,812
Depreciation and amortization		37,918		15,050		516		53,484