v3.25.2
Segments - Schedule of Significant Expense Categories Provided to CODM Reconciled to Adjusted EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Net revenues $ 930,390 $ 571,616 $ 1,132,447 $ 673,231
Significant expense categories        
Cost of food, merchandise and games revenues 80,822 53,258 102,423 64,869
Add: Net income attributable to non-controlling interests 24,816 0 24,816 0
Subtract:        
Depreciation and amortization 134,628 57,015 236,958 67,327
Loss on other assets 0 0 791 0
Interest expense, net 92,409 39,825 179,444 74,161
Loss on early debt extinguishment 0 5,911 0 5,911
Income (loss) before taxes 1,451 75,763 (405,027) (90,120)
Amusement, Water Parks And Resort Facilities Segment        
Segment Reporting Information [Line Items]        
Net revenues 930,390 571,616 1,132,447 673,231
Significant expense categories        
Cost of food, merchandise and games revenues 80,822 53,258 101,319 64,869
Other revenue driven costs 28,959 16,820 38,576 21,531
Labor 300,855 177,283 472,844 277,015
Other segment expenses 277,136 118,791 447,880 201,532
Adjusted EBITDA 242,618 205,464 71,828 108,284
Add: Net income attributable to non-controlling interests 24,816 0 24,816 0
Subtract:        
Depreciation and amortization 134,628 57,015 236,958 67,327
Loss on retirement of fixed assets, net 10,518 4,121 18,616 6,735
Loss on other assets 0 0 791 0
Interest expense, net 92,409 39,825 179,444 74,161
Loss on early debt extinguishment 0 5,911 0 5,911
Non-cash foreign currency (gain) loss (19,986) 1,763 (22,200) 7,002
Non-cash equity compensation expense 8,935 9,135 26,011 14,419
Costs related to the Mergers 11,030 11,128 26,670 21,275
Severance 23,823 461 27,200 550
Other 4,626 342 8,181 1,024
Income (loss) before taxes $ 1,451 $ 75,763 $ (405,027) $ (90,120)