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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
Total revenues $ 138,107 $ 82,024
Operating expenses (excluding depreciation and amortization shown separately below) 109,944 92,643
Selling, general and administrative expenses (including stock-based compensation of $4,225 and $6,637 in 2022 and 2021, respectively, and excluding depreciation and amortization shown separately below) 39,332 36,126
Costs of products sold 10,115 7,215
Other net periodic pension benefit (1,451) (1,643)
Depreciation 29,043 28,827
Amortization 6 6
Loss (gain) on disposal of assets (2,100) 520
Interest expense 37,857 38,460
Interest income (327) (40)
Other expense, net 463 7,619
Loss before income taxes (84,775) (127,709)
Income tax benefit (19,113) (31,870)
Net loss $ (65,662) $ (95,839)
Weighted-average common shares outstanding - basic (in shares) 86,197 85,209
Weighted-average common shares outstanding - diluted (in shares) 86,197 85,209
Net loss per average common share outstanding - basic (in dollars per share) $ (0.76) $ (1.12)
Net loss per average common share outstanding - diluted (in dollars per share) $ (0.76) $ (1.12)
Park admissions    
Total revenues $ 72,987 $ 44,334
Park food, merchandise and other    
Total revenues 54,269 31,224
Sponsorship, international agreements and accommodations    
Total revenues $ 10,851 $ 6,466