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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Total revenues $ 1,487,583 $ 1,463,707 $ 1,359,074
Operating expenses (excluding depreciation and amortization shown separately below) 607,791 574,724 511,873
Selling, general and administrative expenses (including stock-based compensation of $13,274 in 2019 and a net reversal of stock-based compensation of $46,684 and $22,697 in 2018 and 2017, respectively, and excluding depreciation and amortization shown separately below) 199,194 132,168 159,070
Costs of products sold 130,304 121,803 110,374
Other net periodic pension benefit (4,186) (5,169) (3,322)
Depreciation 115,825 113,246 109,206
Amortization 2,405 2,447 2,465
Loss on disposal of assets 2,162 1,879 3,959
Interest expense 114,703 108,034 99,766
Interest income (1,401) (791) (756)
Loss on debt extinguishment 6,484 0 37,116
Other expense, net 2,542 3,508 271
Income before income taxes 311,760 411,858 329,052
Income tax expense 91,942 95,855 16,026
Net income 219,818 316,003 313,026
Less: Net income attributable to noncontrolling interests (40,753) (40,007) (39,210)
Net income attributable to Six Flags Entertainment Corporation $ 179,065 $ 275,996 $ 273,816
Weighted-average common shares outstanding:      
Weighted-average common shares outstanding-basic (in shares) 84,348 84,100 86,802
Weighted-average common shares outstanding - diluted (in shares) 84,968 85,445 88,494
Net income per average common share outstanding:      
Net income per average common share outstanding - basic (in dollars per share) $ 2.12 $ 3.28 $ 3.15
Net income per average common share outstanding - diluted (in dollars per share) 2.11 3.23 3.09
Cash dividends declared per common share $ 3.29 $ 3.16 $ 2.62
Park admissions      
Total revenues $ 815,782 $ 810,064 $ 741,275
Park food, merchandise and other      
Total revenues 574,440 553,527 524,582
Sponsorship international agreements and accommodations      
Total revenues $ 97,361 $ 100,116 $ 93,217