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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Total revenue $ 241,022 $ 182,257 $ 395,344 $ 320,689
Costs and expenses:        
Cost of food, beverage, and retail products sold 19,809 16,979 30,965 27,893
Operating expenses (exclusive of depreciation and amortization shown separately below) 86,592 68,584 187,582 168,751
Selling, general, and administrative expenses 17,445 14,543 50,339 41,080
Depreciation and amortization 12,042 11,277 34,083 32,222
Interest expense, net 2,835 3,461 6,227 10,320
Other (income) expense, net (3,455) 255 2,864 874
Impairment charges 0 6,110 0 6,110
Total costs and expenses 135,268 121,209 312,060 287,250
Income from continuing operations before income taxes 105,754 61,048 83,284 33,439
Income tax expense 17,771 10,507 18,926 11,625
Income from continuing operations 87,983 50,541 64,358 21,814
(Loss) income from discontinued operations, net of tax (2,882) 5,323 (1,878) 38,685
Net income 85,101 55,864 62,480 60,499
Net income attributable to non-redeemable noncontrolling interest (11,248) (7,178) (14,117) (8,062)
Net (income) loss attributable to redeemable noncontrolling interest 0 (71) 0 372
Net income attributable to Pursuit $ 73,853 $ 48,615 $ 48,363 $ 52,809
Diluted income (loss) per common share:        
Continuing operations attributable to Pursuit common stockholders [1] $ 2.7 $ 1.46 $ 1.77 $ 0.3
Discontinued operations attributable to Pursuit common stockholders [1] (0.1) 0.19 (0.07) 1.37
Net income attributable to Pursuit common stockholders $ 2.6 $ 1.65 $ 1.7 $ 1.67
Weighted-average outstanding and potentially dilutive common shares 28,458 21,615 28,400 21,517
Basic income (loss) per common share:        
Continuing operations attributable to Pursuit common stockholders $ 2.71 $ 1.49 $ 1.78 $ 0.3
Discontinued operations attributable to Pursuit common stockholders (0.1) 0.19 (0.07) 1.39
Net income attributable to Pursuit common stockholders $ 2.61 $ 1.68 $ 1.71 $ 1.69
Weighted-average outstanding common shares 28,275 21,166 28,214 21,107
Amounts attributable to Pursuit        
Income from continuing operations $ 76,735 $ 43,292 $ 50,241 $ 14,124
(Loss) income from discontinued operations (2,882) 5,323 (1,878) 38,685
Net income attributable to Pursuit 73,853 48,615 48,363 52,809
Services        
Revenue:        
Total revenue 178,140 132,988 295,937 238,022
Products        
Revenue:        
Total revenue $ 62,882 $ 49,269 $ 99,407 $ 82,667
[1] Diluted income (loss) per common share is calculated using the more dilutive of the two-class method or if-converted method. The two-class method uses net income (loss) available to common stockholders and assumes conversion of all potential shares other than the participating securities. The if-converted method uses net income (loss) available to common stockholders and assumes conversion of all potential shares including the participating securities. Dilutive potential common shares include outstanding stock options, unvested restricted share units and convertible preferred stock. We apply the two-class method in calculating income (loss) per common share as unvested share-based payment awards that contain nonforfeitable rights to dividends and preferred stock are considered participating securities. Accordingly, such securities are included in the earnings allocation in calculating income (loss) per share. The adjustment to the carrying value of the redeemable noncontrolling interest is reflected in income (loss) per common share.