XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Theme park admissions $ 215,762 $ 206,998 $ 273,843 $ 247,544
Theme park food, merchandise and other 168,336 161,419 206,626 189,644
Sponsorship, licensing and other fees 19,220 13,676 33,652 25,118
Accommodations revenue 3,748 3,972 8,364 8,914
Total revenues 407,066 386,065 522,485 471,220
Operating expenses (excluding depreciation and amortization shown separately below) 142,096 132,771 236,207 216,133
Selling, general and administrative (including stock-based compensation and excluding depreciation and amortization shown separately below) 58,711 55,402 94,974 109,989
Costs of products sold 36,020 34,182 46,158 41,367
Depreciation 25,273 24,925 50,651 51,062
Amortization 651 657 1,301 1,315
Loss on disposal of assets 597 1,567 114 2,233
Interest expense 20,206 18,969 39,807 37,681
Interest income (16) (31) (159) (156)
Loss on debt extinguishment 2,377 6,557 2,377 6,557
Other expense (income), net (8) (407) 691 (479)
Income before income taxes 121,159 111,473 50,364 5,518
Income tax expense (benefit) 41,059 26,859 17,199 (8,770)
Net income 80,100 84,614 33,165 14,288
Less: Net income attributable to noncontrolling interests (19,213) (19,082) (19,213) (19,082)
Net income (loss) attributable to Six Flags Entertainment Corporation $ 60,887 $ 65,532 $ 13,952 $ (4,794)
Earnings Per Share [Abstract]        
Weighted-average common shares outstanding — basic: 93,054 94,834 92,707 94,347
Weighted-average common shares outstanding — diluted: 95,412 97,382 94,953 94,347
Net income (loss) per average common share outstanding — basic: $ 0.65 $ 0.69 $ 0.15 $ (0.05)
Net income (loss) per average common share outstanding — diluted: 0.64 0.67 0.15 (0.05)
Cash dividends declared per common share $ 0.58 $ 0.52 $ 1.16 $ 1.04