XML 22 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 40,177 $ 26,754
Accounts receivables (net of allowance for credit losses of $45,610 and $39,265, respectively) 176,672 195,896
Income taxes receivable 5,419 14,283
Notes receivable (net of allowance for credit losses of $5,805 and $3,035, respectively) 75,501 20,766
Prepaid expenses and other current assets 41,317 38,831
Total current assets 339,086 296,530
Property and equipment, net 604,345 493,478
Operating lease right-of-use assets 83,451 85,101
Goodwill 220,187 220,187
Intangible assets, net 884,013 811,075
Notes receivable (net of allowance for credit losses of $1,526 and $5,581, respectively) 32,682 78,900
Investments in equity securities, at fair value 0 116,374
Investments for employee benefit plans, at fair value 47,603 39,751
Investments in affiliates 117,016 70,579
Deferred income taxes 108,308 89,535
Other assets 93,836 93,289
Total assets 2,530,527 2,394,799
Current liabilities    
Accounts payable 134,865 131,284
Accrued expenses and other current liabilities 136,729 109,248
Deferred revenue 102,114 108,316
Liability for guest loyalty program 89,013 94,574
Current portion of long-term debt 0 499,268
Total current liabilities 462,721 942,690
Long-term debt 1,768,526 1,068,751
Long-term deferred revenue 132,259 133,501
Deferred compensation and retirement plan obligations 53,316 45,657
Income taxes payable 0 8,601
Operating lease liabilities 113,255 109,483
Liability for guest loyalty program 40,607 43,266
Other liabilities 5,114 7,252
Total liabilities 2,575,798 2,359,201
Commitments and contingencies (Note 23)
Common stock, $0.01 par value; 160,000,000 shares authorized; 95,065,638 shares issued at December 31, 2024 and December 31, 2023; 46,856,567 and 49,526,245 shares outstanding at December 31, 2024 and December 31, 2023, respectively 951 951
Additional paid-in-capital 370,201 330,750
Accumulated other comprehensive loss (6,193) (5,671)
Treasury stock, at cost; 48,209,071 and 45,539,393 shares at December 31, 2024 and December 31, 2023, respectively (2,411,527) (2,046,791)
Retained earnings 2,001,297 1,756,359
Total shareholders’ (deficit) equity (45,271) 35,598
Total liabilities and shareholders’ (deficit) equity $ 2,530,527 $ 2,394,799