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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Total revenues $ 547,455 $ 504,831 $ 1,133,352 $ 1,078,360
Operating expenses (excluding depreciation and amortization shown separately below) 206,461 180,937 489,000 464,013
Selling, general and administrative expenses (including stock-based compensation and excluding depreciation and amortization shown separately below) 57,952 40,481 192,647 135,194
Costs of products sold 42,885 40,164 87,437 85,989
Depreciation and amortization 27,942 30,186 85,966 86,772
Loss on disposal of assets 1,760 5,038 6,745 3,036
Operating income 210,455 208,025 271,557 303,356
Interest expense, net 38,263 34,197 118,060 107,705
Loss on debt extinguishment     13,982 17,533
Other (income) expense, net 1,155 (659) (1,938) (2,069)
Income before income taxes 171,037 174,487 141,453 180,187
Income tax expense 36,570 38,654 32,525 44,257
Net income 134,467 135,833 108,928 135,930
Less: Net income attributable to noncontrolling interests (23,767) (22,326) (47,533) (44,651)
Net income attributable to Six Flags Entertainment Corporation $ 110,700 $ 113,507 $ 61,395 $ 91,279
Weighted-average common shares outstanding:        
Basic (in shares) 83,510 83,094 83,365 84,760
Diluted (in shares) 83,780 83,107 83,736 84,919
Earnings per average common share outstanding:        
Basic (in dollars per share) $ 1.33 $ 1.37 $ 0.74 $ 1.08
Diluted (in dollars per share) $ 1.32 $ 1.37 $ 0.73 $ 1.07
Park admissions        
Total revenues $ 286,319 $ 280,502 $ 601,585 $ 595,266
Park food, merchandise and other        
Total revenues 236,703 209,099 480,281 446,449
Sponsorship, international agreements and accommodations        
Total revenues $ 24,433 $ 15,230 $ 51,486 $ 36,645