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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 725,597 $ 748,537
Accounts receivable, net 101,594 143,963
Inventory 41,387 48,942
Prepaid expenses and other current assets 103,945 97,538
Income tax receivable 0 67,229
Investments 689,125 674,378
Total current assets 1,661,648 1,780,587
Leasehold improvements, property and equipment, net 2,436,762 2,390,126
Long-term investments 701,056 868,025
Restricted cash 30,526 29,842
Operating lease assets 4,075,748 4,000,127
Other assets 116,415 113,728
Goodwill 21,939 21,939
Total assets 9,044,094 9,204,374
Current liabilities:    
Accounts payable 217,406 210,695
Accrued payroll and benefits 154,429 261,913
Accrued liabilities 185,307 179,747
Unearned revenue 203,744 238,577
Current operating lease liabilities 284,505 277,836
Income tax payable 46,147 0
Total current liabilities 1,091,538 1,168,768
Commitments and contingencies (Note 11)
Long-term operating lease liabilities 4,348,574 4,262,782
Deferred income tax liabilities 38,879 46,208
Other liabilities 74,231 71,070
Total liabilities 5,553,222 5,548,828
Shareholders' equity:    
Preferred stock, $0.01 par value, 600,000 shares authorized, no shares issued as of March 31, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.01 par value, 11,500,000 shares authorized, 1,349,790 and 1,358,751 shares issued as of March 31, 2025 and December 31, 2024, respectively 13,498 13,586
Additional paid-in capital 2,117,803 2,078,010
Accumulated other comprehensive loss (9,847) (10,282)
Retained earnings 1,369,418 1,574,232
Total shareholders' equity 3,490,872 3,655,546
Total liabilities and shareholders' equity $ 9,044,094 $ 9,204,374