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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2021
Jun. 30, 2020
Jul. 04, 2021
Jun. 30, 2020
Total revenues $ 459,787 $ 19,143 $ 541,811 $ 121,646
Operating expenses (excluding depreciation and amortization shown separately below) 183,768 62,681 276,411 168,545
Selling, general and administrative expenses 50,205 36,820 86,331 73,010
Costs of products sold 39,194 2,214 46,409 9,974
Other net periodic pension benefit (1,690) (994) (3,333) (1,990)
Depreciation 28,047 29,032 56,874 59,095
Amortization 5 402 11 1,003
Loss on disposal of assets 719 513 1,239 393
Interest expense 38,113 51,248 76,573 78,734
Interest income (65) (201) (105) (530)
Loss on debt extinguishment   5,087   6,106
Other expense, net 831 4,252 8,450 5,812
Income (loss) before income taxes 120,660 (171,911) (7,049) (278,506)
Income tax expense (benefit) 29,257 (55,661) (2,613) (77,710)
Net income (loss) 91,403 (116,250) (4,436) (200,796)
Less: Net income attributable to noncontrolling interests (20,883) (20,644) (20,883) (20,644)
Net income (loss) attributable to Six Flags Entertainment Corporation $ 70,520 $ (136,894) $ (25,319) $ (221,440)
Weighted-average common shares outstanding:        
Weighted-average common shares outstanding-basic (in shares) 85,673 84,704 85,437 84,680
Weighted-average common shares outstanding - diluted (in shares) 86,751 84,704 85,437 84,680
Net (loss) earnings per average common share outstanding:        
Earnings (loss) per average common share outstanding - Basic (in dollars per share) $ 0.82 $ (1.62) $ (0.30) $ (2.62)
Earnings (loss) per average common share outstanding - Diluted (in dollars per share) $ 0.81 $ (1.62) $ (0.30) (2.62)
Cash dividends declared per common share       $ 0.25
Park admissions        
Total revenues $ 245,165 $ 10,962 $ 289,499 $ 70,768
Park food, merchandise and other        
Total revenues 198,897 4,523 230,121 34,329
Sponsorship international agreements and accommodations        
Total revenues $ 15,725 $ 3,658 $ 22,191 $ 16,549