XML 43 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Financial Information for Company's Franchising Segment

The following tables present the financial information for the Company's segments:

			Three Months Ended June 30, 2024																								Three Months Ended June 30, 2023
(in thousands)			Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated						Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated
Revenues			$	414,019					$	24,198					$	(3,061)					$	435,156					$	401,854					$	26,568					$	(1,002)					$	427,420
Operating income (loss)			$	165,243					$	(32,621)					$	—					$	132,622					$	149,931					$	(25,542)					$	—					$	124,389
Income (loss) before income taxes			$	173,177					$	(56,596)					$	—					$	116,581					$	150,116					$	(37,569)					$	—					$	112,547
			Six Months Ended June 30, 2024																								Six Months Ended June 30, 2023
(in thousands)			Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated						Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated
Revenues			$	713,378					$	59,335					$	(5,608)					$	767,105					$	710,901					$	52,632					$	(3,321)					$	760,212
Operating income (loss)			$	260,091					$	(67,320)					$	—					$	192,771					$	255,422					$	(53,182)					$	—					$	202,240
Income (loss) before income taxes			$	267,870					$	(111,081)					$	—					$	156,789					$	255,544					$	(75,502)					$	—					$	180,042

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration