| Summary of Cost, Accumulated Amortization, and Net Balance of the Definite-Lived Intangible Assets |
The following is a summary of the Company’s intangible assets as of June 30, 2026 (in thousands, except amortization period):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost |
|
|
Accumulated Amortization and Impairment |
|
|
Net Balance |
|
|
Weighted Average Amortization Period (in years) |
|
Retail concession agreements |
$ |
604,700 |
|
|
$ |
(112,950 |
) |
|
$ |
491,750 |
|
|
|
39 |
|
Destination resort agreements |
|
17,900 |
|
|
|
(12,182 |
) |
|
|
5,718 |
|
|
|
15 |
|
Trade name |
|
6,200 |
|
|
|
(800 |
) |
|
|
5,400 |
|
|
Indefinite-life |
|
Licensing agreement |
|
1,000 |
|
|
|
(1,000 |
) |
|
|
- |
|
|
8 |
|
|
$ |
629,800 |
|
|
$ |
(126,932 |
) |
|
$ |
502,868 |
|
|
|
|
The following is a summary of the Company’s intangible assets as of December 31, 2025 (in thousands, except amortization period):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost |
|
|
Accumulated Amortization and Impairment |
|
|
Net Balance |
|
|
Weighted Average Amortization Period (in years) |
|
Retail concession agreements |
$ |
604,700 |
|
|
$ |
(105,195 |
) |
|
$ |
499,505 |
|
|
|
39 |
|
Destination resort agreements |
|
17,900 |
|
|
|
(11,798 |
) |
|
|
6,102 |
|
|
|
15 |
|
Trade name |
|
6,200 |
|
|
|
(800 |
) |
|
|
5,400 |
|
|
Indefinite-life |
|
Licensing agreement |
|
1,000 |
|
|
|
(1,000 |
) |
|
|
— |
|
|
|
8 |
|
|
$ |
629,800 |
|
|
$ |
(118,793 |
) |
|
$ |
511,007 |
|
|
|
|
|