v3.26.1
Segments - Schedule of Significant Expense Categories Provided to CODM Reconciled to Adjusted EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Segment Reporting [Line Items]        
Net revenues $ 864,919 $ 930,390 $ 1,090,546 $ 1,132,447
Significant expense categories        
Add: Net income attributable to non-controlling interests 25,084 24,816 25,084 24,816
Subtract:        
Depreciation and amortization 107,775 134,628 215,124 236,958
Loss on retirement of fixed assets, net 13,888 10,518 16,323 18,616
Loss on impairment of goodwill and other intangibles 0 0 38,640 0
Loss on disposal group 9,867 0 37,838 0
Loss on other assets 0 0 0 791
Interest expense, net 102,052 92,409 196,980 179,444
Loss on early debt extinguishment 0 0 4,053 0
(Loss) income before taxes (20,126) 1,451 (437,089) (405,027)
Amusement, Water Parks and Resort Facilities Segment        
Segment Reporting [Line Items]        
Net revenues 864,919 930,390 1,090,546 1,132,447
Significant expense categories        
Cost of food, merchandise and games revenues 75,275 80,822 96,566 101,319
Other revenue driven costs 26,202 28,959 35,728 38,576
Labor 267,500 300,855 424,174 472,844
Other segment expenses 252,869 277,136 414,044 447,880
Adjusted EBITDA 243,073 242,618 120,034 71,828
Add: Net income attributable to non-controlling interests 25,084 24,816 25,084 24,816
Subtract:        
Depreciation and amortization 107,775 134,628 215,124 236,958
Loss on retirement of fixed assets, net 13,888 10,518 16,323 18,616
Loss on impairment of goodwill and other intangibles 0 0 38,640 0
Loss on other assets 0 0 0 791
Interest expense, net 102,052 92,409 196,980 179,444
Loss on early debt extinguishment 0 0 4,053 0
Non-cash foreign currency loss (gain) 6,655 (19,986) 11,794 (22,200)
Non-cash equity compensation expense 19,585 8,935 23,357 26,011
Costs related to the Mergers 3,716 11,030 8,630 26,670
Severance 16,700 23,823 16,964 27,200
Other 8,045 4,626 12,504 8,181
(Loss) income before taxes $ (20,126) $ 1,451 $ (437,089) $ (405,027)