v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Significant Operating Segment Revenue and Expenses, and Operating Segment Adjusted EBITDA

The following table presents significant operating segment revenue and expenses, and Operating Segment Adjusted EBITDA:

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Admissions

 

$

244,081

 

 

$

255,740

 

 

$

391,584

 

 

$

411,855

 

Food, merchandise and other

 

 

239,239

 

 

$

234,472

 

 

 

370,030

 

 

 

365,306

 

Total revenues

 

 

483,320

 

 

 

490,212

 

 

 

761,614

 

 

 

777,161

 

Segment costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of food, merchandise and other revenues

 

 

38,263

 

 

 

37,161

 

 

 

60,538

 

 

 

60,110

 

Operating labor-related expenses

 

 

104,590

 

 

 

104,382

 

 

 

187,434

 

 

 

187,315

 

Other operating expenses

 

 

68,407

 

 

 

65,361

 

 

 

127,522

 

 

 

122,651

 

Marketing expenses

 

 

32,905

 

 

 

34,278

 

 

 

55,205

 

 

 

56,992

 

Other segment items

 

 

13,577

 

 

 

11,742

 

 

 

27,063

 

 

 

23,394

 

Operating Segment Adjusted EBITDA

 

$

225,578

 

 

$

237,288

 

 

$

303,852

 

 

$

326,699

 

Other expenses(a)

 

 

(62,699

)

 

 

(54,064

)

 

 

(104,165

)

 

 

(84,869

)

Provision for income taxes

 

 

(21,430

)

 

 

(26,191

)

 

 

(15,504

)

 

 

(25,128

)

Interest expense

 

 

(32,394

)

 

 

(33,951

)

 

 

(64,129

)

 

 

(68,058

)

Depreciation and amortization

 

 

(45,786

)

 

 

(42,974

)

 

 

(90,853

)

 

 

(84,669

)

Net Income

 

$

63,269

 

 

$

80,108

 

 

$

29,201

 

 

$

63,975

 
(a)
Other expenses represent costs not allocated to the operating segments including (i) general and administrative expenses, (ii) equity-based compensation expense, (iii) certain non-cash charges/credits including those related to asset disposals and self-insurance reserve adjustments, (iv) certain business optimization, development and strategic initiative costs, (v) merger, acquisition, integration and certain investment costs, and (vi) other nonrecurring costs including incremental costs associated with the COVID-19 pandemic or similar unusual events.