v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 42,826 $ 44,997
Accounts receivable (net of allowance for credit losses of $71,067 and $51,189, respectively) 279,813 207,491
Income taxes receivable 9,576 13,456
Notes receivable (net of allowance for credit losses of $5,007 and $7,462, respectively) 54,880 94,686
Prepaid expenses and other current assets 44,841 45,368
Total current assets 431,936 405,998
Property and equipment (net of accumulated depreciation and amortization of $191,937 and $162,113, respectively) 653,503 649,291
Operating lease right-of-use assets 75,004 77,670
Goodwill 302,877 305,758
Intangible assets (net of accumulated amortization of $292,052 and $256,575, respectively) 1,105,813 1,082,486
Notes receivable (net of allowance for credit losses of $3,671 and $1,019, respectively) 28,558 12,490
Investments for employee benefit plans, at fair value 54,794 50,227
Investments in affiliates 137,251 134,975
Deferred income taxes 76,362 75,371
Other assets 122,718 123,937
Total assets 2,988,816 2,918,203
Current liabilities    
Accounts payable 165,441 156,276
Accrued expenses and other current liabilities 110,873 125,282
Deferred revenue 104,256 100,698
Liability for guest loyalty program 85,898 85,035
Total current liabilities 466,468 467,291
Long-term debt 2,002,339 1,906,122
Long-term deferred revenue 133,998 130,505
Deferred compensation and retirement plan obligations 61,090 56,532
Deferred income taxes 32,890 25,303
Operating lease liabilities 104,349 107,963
Liability for guest loyalty program 41,139 39,771
Other liabilities 4,365 3,487
Total liabilities 2,846,638 2,736,974
Commitments and contingencies (Note 11)
Common stock, $0.01 par value; 160,000,000 shares authorized; 95,065,638 shares issued at June 30, 2026 and December 31, 2025; 45,179,440 and 45,996,087 shares outstanding at June 30, 2026 and December 31, 2025, respectively 951 951
Additional paid-in-capital 410,052 403,927
Accumulated other comprehensive loss (9,904) (5,307)
Treasury stock, at cost; 49,886,198 and 49,069,551 shares at June 30, 2026 and December 31, 2025, respectively (2,635,490) (2,536,373)
Retained earnings 2,376,569 2,318,031
Total shareholders’ equity 142,178 181,229
Total liabilities and shareholders’ equity $ 2,988,816 $ 2,918,203