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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
Total revenues $ 435,422 $ 459,787 $ 573,529 $ 541,811
Operating expenses (excluding depreciation and amortization shown separately below) 173,582 183,768 283,526 276,411
Selling, general and administrative expenses 53,573 50,205 92,905 86,331
Costs of products sold 35,710 39,194 45,825 46,409
Other net periodic pension benefit (1,920) (1,690) (3,371) (3,333)
Depreciation 27,532 28,047 56,575 56,874
Amortization 5 5 11 11
(Gain) loss on disposal of assets 98 719 (2,002) 1,239
Interest expense 36,250 38,113 74,107 76,573
Interest income (272) (65) (599) (105)
Loss on debt extinguishment 17,533   17,533  
Other expense, net 898 831 1,361 8,450
Income (loss) before income taxes 92,433 120,660 7,658 (7,049)
Income tax expense (benefit) 24,716 29,257 5,603 (2,613)
Net income (loss) 67,717 91,403 2,055 (4,436)
Less: Net income attributable to noncontrolling interests (22,325) (20,883) (22,325) (20,883)
Net income (loss) attributable to Six Flags Entertainment Corporation $ 45,392 $ 70,520 $ (20,270) $ (25,319)
Weighted-average common shares outstanding - basic (in shares) 84,992 85,673 85,594 85,437
Weighted-average common shares outstanding - diluted (in shares) 85,242 86,751 85,594 85,437
Earnings (Loss) per average common share outstanding: - basic (in dollars per share) $ 0.53 $ 0.82 $ (0.24) $ (0.30)
Earnings (Loss) per average common share outstanding: - diluted (in dollars per share) $ 0.53 $ 0.81 $ (0.24) $ (0.30)
Park admissions        
Total revenues $ 241,777 $ 245,165 $ 314,764 $ 289,499
Park food, merchandise and other        
Total revenues 183,081 198,897 237,350 230,121
Sponsorship, international agreements and accommodations        
Total revenues $ 10,564 $ 15,725 $ 21,415 $ 22,191