v3.26.1
PEOPLE INC. FINANCIAL INFORMATION - Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
ASSETS            
Cash and cash equivalents $ 1,113,008   $ 941,311 $ 1,076,944   $ 1,363,547
Accounts receivable, net 329,373   409,809      
Other current assets 107,588   97,913      
Current assets of discontinued operations 1,743   95,716      
Total current assets 1,551,712   1,544,749      
Buildings, land, equipment, leasehold improvements and capitalized software, net 288,995   284,394      
Goodwill 1,507,959   1,508,030      
Intangible assets, net of accumulated amortization 357,747   394,381      
Investment in MGM Resorts International 3,194,777   2,401,858      
Long-term investments 404,628   409,240      
Other non-current assets 214,126   222,870      
People Incorporated's investment in People Inc. 0   0      
Non-current assets of discontinued operations 0   429,395      
TOTAL ASSETS 7,519,944   7,194,917      
LIABILITIES:            
Current portion of long-term debt 24,500   24,500      
Accounts payable, trade 32,225   29,859      
Deferred revenue 17,366   19,026      
Accrued expenses and other current liabilities 342,308   391,368      
Current liabilities of discontinued operations 4,005   96,114      
Total current liabilities 420,404   560,867      
Long-term debt, net 1,390,218   1,401,324      
Deferred income taxes 372,961   208,624      
Other long-term liabilities 206,237   226,422      
Non-current liabilities of discontinued operations 0   8,657      
Intercompany due from People Inc. to People Incorporated 0   0      
Redeemable noncontrolling interests 12,236 $ 12,236 25,264 25,279 $ 25,294 25,415
Commitments and contingencies        
SHAREHOLDERS' EQUITY:            
Additional paid-in-capital 6,008,443   5,959,692      
Accumulated deficit (208,031)   (643,000)      
Accumulated other comprehensive loss (13,763)   (11,842)      
Treasury stock (704,277)   (571,032)      
Total People Incorporated shareholders' equity 5,082,381   4,733,827      
Noncontrolling interests 35,507   29,932      
Total shareholders' equity 5,117,888 4,582,449 4,763,759 4,937,503 4,737,438 6,278,973
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 7,519,944   7,194,917      
Class A common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value 8   8      
Class B common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value 1   1      
Reportable Legal Entities | People Inc.            
ASSETS            
Cash and cash equivalents 330,268   284,318 262,735   249,927
Accounts receivable, net 321,185   400,895      
Other current assets 58,996   54,180      
Current assets of discontinued operations 0   0      
Total current assets 710,449   739,393      
Buildings, land, equipment, leasehold improvements and capitalized software, net 112,856   104,512      
Goodwill 1,505,425   1,505,497      
Intangible assets, net of accumulated amortization 357,747   394,381      
Investment in MGM Resorts International 0   0      
Long-term investments 0   0      
Other non-current assets 234,008   252,258      
People Incorporated's investment in People Inc. 0   0      
Non-current assets of discontinued operations 0   0      
TOTAL ASSETS 2,920,485   2,996,041      
LIABILITIES:            
Current portion of long-term debt 24,500   24,500      
Accounts payable, trade 30,145   28,226      
Deferred revenue 14,638   17,062      
Accrued expenses and other current liabilities 302,133   343,289      
Current liabilities of discontinued operations 0   0      
Total current liabilities 371,416   413,077      
Long-term debt, net 1,390,218   1,401,324      
Deferred income taxes 0   0      
Other long-term liabilities 197,059   213,265      
Non-current liabilities of discontinued operations 0   0      
Intercompany due from People Inc. to People Incorporated 0   0      
Redeemable noncontrolling interests 0   0      
Commitments and contingencies        
SHAREHOLDERS' EQUITY:            
Additional paid-in-capital 1,568,352   1,570,603      
Accumulated deficit (592,800)   (587,788)      
Accumulated other comprehensive loss (13,763)   (14,443)      
Treasury stock 0   0      
Total People Incorporated shareholders' equity 961,792 $ 947,455 968,375 957,463 $ 888,157 895,878
Noncontrolling interests 0   0      
Total shareholders' equity 961,792   968,375      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 2,920,485   2,996,041      
Reportable Legal Entities | People Inc. | Class A common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value 3   3      
Reportable Legal Entities | People Inc. | Class B common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value 0   0      
Reportable Legal Entities | Less: Entities Excluding People Inc.            
ASSETS            
Cash and cash equivalents 782,740   656,993 $ 814,209   $ 1,113,620
Accounts receivable, net 8,188   8,914      
Other current assets 48,592   43,733      
Current assets of discontinued operations 1,743   95,716      
Total current assets 841,263   805,356      
Buildings, land, equipment, leasehold improvements and capitalized software, net 176,139   179,882      
Goodwill 2,534   2,533      
Intangible assets, net of accumulated amortization 0   0      
Investment in MGM Resorts International 3,194,777   2,401,858      
Long-term investments 404,628   409,240      
Other non-current assets 34,181   67,948      
People Incorporated's investment in People Inc. 1,653,674   1,655,926      
Non-current assets of discontinued operations 0   429,395      
TOTAL ASSETS 6,307,196   5,952,138      
LIABILITIES:            
Current portion of long-term debt 0   0      
Accounts payable, trade 2,080   1,633      
Deferred revenue 2,728   1,964      
Accrued expenses and other current liabilities 49,339   53,857      
Current liabilities of discontinued operations 4,005   96,114      
Total current liabilities 58,152   153,568      
Long-term debt, net 0   0      
Deferred income taxes 427,024   305,960      
Other long-term liabilities 9,178   13,157      
Non-current liabilities of discontinued operations 0   8,657      
Intercompany due from People Inc. to People Incorporated (11,522)   (8,135)      
Redeemable noncontrolling interests 12,236   25,264      
Commitments and contingencies        
SHAREHOLDERS' EQUITY:            
Additional paid-in-capital 6,008,443   5,959,692      
Accumulated deficit 472,446   32,465      
Accumulated other comprehensive loss 0   2,601      
Treasury stock (704,277)   (571,032)      
Total People Incorporated shareholders' equity 5,776,621   5,423,735      
Noncontrolling interests 35,507   29,932      
Total shareholders' equity 5,812,128   5,453,667      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 6,307,196   5,952,138      
Reportable Legal Entities | Less: Entities Excluding People Inc. | Class A common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value 8   8      
Reportable Legal Entities | Less: Entities Excluding People Inc. | Class B common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value 1   1      
Eliminations and Reclassifications            
ASSETS            
Other non-current assets (54,063)   (97,336)      
People Incorporated's investment in People Inc. (1,653,674)   (1,655,926)      
TOTAL ASSETS (1,707,737)   (1,753,262)      
LIABILITIES:            
Accrued expenses and other current liabilities (9,164)   (5,778)      
Total current liabilities (9,164)   (5,778)      
Deferred income taxes (54,063)   (97,336)      
Intercompany due from People Inc. to People Incorporated (11,522)   (8,135)      
SHAREHOLDERS' EQUITY:            
Additional paid-in-capital (1,568,352)   (1,570,603)      
Accumulated deficit (87,677)   (87,677)      
Total People Incorporated shareholders' equity (1,656,032)   (1,658,283)      
Total shareholders' equity (1,656,032)   (1,658,283)      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (1,707,737)   (1,753,262)      
Eliminations and Reclassifications | Class A common stock            
SHAREHOLDERS' EQUITY:            
Common stock, value $ (3)   $ (3)