Business Segments (Tables)

12 Months Ended

Dec. 31, 2019

Business Segments

Schedule of segment financial information and a reconciliation of net income to Park EBITDA

The following table presents segment financial information and a reconciliation of net income to Park EBITDA. Park level expenses exclude all non-cash operating expenses, principally depreciation and amortization and all non-operating expenses.

	Year Ended December 31,
(Amounts in thousands)	2019		2018		2017
Net income	$	219,818	$	316,003	$	313,026
Interest expense, net		113,302		107,243		99,010
Income tax expense		91,942		95,855		16,026
Depreciation and amortization		118,230		115,693		111,671
Corporate expenses (excluding stock-based compensation)		54,301		48,679		52,105
Stock-based compensation		13,274		(46,684)		(22,697)
Non-operating park level expense, net:
Loss on disposal of assets		2,162		1,879		3,959
Loss on debt extinguishment, net		6,484		—		37,116
Other expense, net		2,542		3,508		271
Park EBITDA	$	622,055	$	642,176	$	610,487

Schedule of information reflecting long-lived assets, revenues and income before income taxes by domestic and foreign categories

	Domestic		Foreign		Total
As of or for the year ended December 31, 2019
Long-lived assets	$	2,347,578	$	142,376	$	2,489,954
Revenues		1,370,367		117,216		1,487,583
Income before income taxes		297,752		14,008		311,760
As of or for the year ended December 31, 2018
Long-lived assets	$	2,160,970	$	101,359	$	2,262,329
Revenues		1,335,787		127,920		1,463,707
Income before income taxes		383,875		27,983		411,858
As of or for the year ended December 31, 2017
Long-lived assets	$	2,121,157	$	98,635	$	2,219,792
Revenues		1,240,018		119,056		1,359,074
Income before income taxes		301,322		27,730		329,052