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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Oct. 02, 2022
Oct. 03, 2021
Total revenues $ 504,831 $ 638,284 $ 1,078,360 $ 1,180,095
Operating expenses (excluding depreciation and amortization shown separately below) 181,162 228,119 464,688 504,530
Selling, general and administrative expenses 38,234 64,356 131,139 150,687
Costs of products sold 40,164 54,100 85,989 100,509
Other net periodic pension benefit (1,480) (76) (4,851) (3,409)
Depreciation 30,181 28,047 86,756 84,921
Amortization 5 6 16 17
Loss on disposal of assets 5,038 624 3,036 1,863
Interest expense 34,580 38,224 108,687 114,797
Interest income (383) (129) (982) (234)
Loss on debt extinguishment     17,533  
Other expense, net 521 346 1,882 8,796
Income before income taxes 176,809 224,667 184,467 217,618
Income tax expense 38,654 46,543 44,257 43,930
Net income 138,155 178,124 140,210 173,688
Less: Net income attributable to noncontrolling interests (22,326) (20,883) (44,651) (41,766)
Net income attributable to Six Flags Entertainment Corporation $ 115,829 $ 157,241 $ 95,559 $ 131,922
Weighted-average common shares outstanding - basic (in shares) 83,094 85,919 84,760 85,596
Weighted-average common shares outstanding - diluted (in shares) 83,107 87,259 84,919 87,078
Earnings per average common share outstanding: - basic (in dollars per share) $ 1.39 $ 1.83 $ 1.13 $ 1.54
Earnings per average common share outstanding: - diluted (in dollars per share) $ 1.39 $ 1.80 $ 1.13 $ 1.51
Park admissions        
Total revenues $ 280,502 $ 345,217 $ 595,266 $ 634,716
Park food, merchandise and other        
Total revenues 209,099 280,499 446,449 510,620
Sponsorship, international agreements and accommodations        
Total revenues $ 15,230 $ 12,568 $ 36,645 $ 34,759