Mergers - Schedule of Purchase Price Allocation of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands |
6 Months Ended | 12 Months Ended | ||||
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Jun. 29, 2025 |
Jun. 29, 2025 |
Dec. 31, 2024 |
Jul. 01, 2024 |
Jun. 30, 2024 |
Dec. 31, 2023 |
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Adjusted Allocation | ||||||
Goodwill | $ 3,399,090 | $ 3,399,090 | $ 3,296,523 | $ 262,592 | $ 264,625 | |
Former Six Flags | ||||||
Adjusted Allocation | ||||||
Receivables | 90,792 | 90,792 | $ 84,853 | |||
Inventories | 40,137 | 40,137 | 40,580 | |||
Other current assets | 44,889 | 44,889 | 53,000 | |||
Property and equipment, net | 2,710,053 | 2,710,053 | 3,356,409 | |||
Other intangibles, net | 850,000 | 850,000 | $ 850,000 | 850,000 | ||
Right-of-use assets | 169,902 | 169,902 | 167,074 | |||
Other assets | 14,688 | 14,688 | 14,688 | |||
Total assets acquired | 3,920,461 | 3,920,461 | 4,566,604 | |||
Current maturities of long-term debt | 56,583 | 56,583 | 56,867 | |||
Accounts payable | 73,798 | 73,798 | 73,445 | |||
Deferred revenue | 208,943 | 208,943 | 206,398 | |||
Accrued interest | 23,448 | 23,448 | 23,448 | |||
Accrued taxes | 9,713 | 9,713 | 15,465 | |||
Accrued salaries, wages and benefits | 19,682 | 19,682 | 19,216 | |||
Self-insurance reserves | 83,734 | 83,734 | 75,670 | |||
Other accrued liabilities | 61,284 | 61,284 | 63,487 | |||
Deferred tax liabilities | 692,573 | 692,573 | 756,211 | |||
Lease liabilities | 189,439 | 189,439 | 184,343 | |||
Other liabilities | 24,497 | 24,497 | 24,497 | |||
Long-term debt | 2,373,322 | 2,373,322 | 2,373,322 | |||
Total liabilities assumed | 3,817,016 | 3,817,016 | 3,872,369 | |||
Total net assets to be acquired | 103,445 | 103,445 | 694,235 | |||
Goodwill | 3,143,881 | 3,143,881 | 2,553,091 | |||
Fair Value of Net Assets Acquired | 3,247,326 | 3,247,326 | $ 3,247,326 | |||
Measurement Period Adjustments | ||||||
Receivables | 5,939 | |||||
Inventories | (443) | |||||
Other current assets | (8,111) | |||||
Property and equipment, net | (646,356) | |||||
Other intangibles, net | 0 | |||||
Right-of-use assets | 2,828 | |||||
Other assets | 0 | |||||
Total assets acquired | (646,143) | |||||
Current maturities of long-term debt | (284) | |||||
Accounts payable | 353 | |||||
Deferred revenue | 2,545 | |||||
Accrued interest | 0 | |||||
Accrued taxes | (5,752) | |||||
Accrued salaries, wages and benefits | 466 | |||||
Self-insurance reserves | 8,064 | |||||
Other accrued liabilities | (2,203) | |||||
Deferred tax liabilities | (63,638) | |||||
Lease liabilities | 5,096 | |||||
Other liabilities | 0 | |||||
Long-term debt | 0 | |||||
Total liabilities assumed | (55,353) | |||||
Total net assets to be acquired | (590,790) | |||||
Goodwill | $ 590,800 | 590,790 | ||||
Fair Value of Net Assets Acquired | $ 0 |
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accrued Interest No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accrued Salaries, Wages and Benefits No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accrued Taxes No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Assets No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred Exclude Goodwill No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Current Assets, Receivables No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Current Liabilities, Accounts Payable No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Current Liabilities, Deferred Revenue No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Current Liabilities, Long-Term Debt No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Tax Liabilities No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Lease Obligation No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Liabilities No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Long-Term Debt No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Noncurrent Liabilities, Other No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Accrued Liabilities No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Current Assets No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Noncurrent Assets No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Right Of Use Assets No definition available.
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- Definition Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Self-Insurance Reserves No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accrued Income Taxes No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Employee-Related Liabilities No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Interest Payable No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Self Insurance Reserve No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Right-Of-Use Assets No definition available.
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- Definition This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to items of consideration transferred in connection with a business combination for which the initial accounting was incomplete. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to intangibles acquired in connection with a business combination for which the initial accounting was incomplete. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to inventory acquired in connection with a business combination for which the initial accounting was incomplete. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to property, plant, and equipment acquired in connection with a business combination for which the initial accounting was incomplete. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of asset acquired in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of lease obligation assumed in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of asset acquired in business combination and recognized at acquisition date, classified as other and current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of receivable acquired in business combination and recognized at acquisition date, classified as current. Includes, but is not limited to, receivable from customer for product and service. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of accounts payable assumed in business combination and recognized at acquisition date, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred revenue assumed in business combination and recognized at acquisition date, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of long-term debt assumed in business combination and recognized at acquisition date, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of liability assumed in business combination and recognized at acquisition date, classified as other and current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred tax liability assumed in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of identifiable indefinite-lived intangible asset acquired in business combination and recognized at acquisition date. Excludes goodwill and financial asset. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of inventory acquired in business combination and recognized at acquisition date, classified as current. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liability assumed in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset acquired in excess of (less than) liability assumed in business combination and recognized at acquisition date. Excludes goodwill. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of long-term debt assumed in business combination and recognized at acquisition date, classified as noncurrent. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of liability assumed in business combination and recognized at acquisition date, classified as other and noncurrent. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of asset acquired in business combination and recognized at acquisition date, classified as other and noncurrent. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of property, plant, and equipment acquired in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset acquired in excess of (less than) liability assumed plus goodwill in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of increase (decrease) from measurement period adjustment of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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