v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 748,978 $ 659,515 $ 1,413,550 $ 1,246,795
Operating expenses:        
Total hotel operating expenses 384,103 331,894 758,397 658,709
Entertainment 101,563 110,376 166,672 180,146
Corporate 11,245 10,759 22,530 21,529
Preopening costs 438 98 825 185
Depreciation and amortization 77,084 66,963 152,785 130,680
Total operating expenses 574,433 520,090 1,101,209 991,249
Operating income (loss) 174,545 139,425 312,341 255,546
Interest expense (63,875) (58,534) (127,994) (112,817)
Interest income 3,727 5,583 8,913 11,042
Loss on extinguishment of debt   (2,542) (2,200) (2,542)
Loss from unconsolidated joint ventures 4 (13) 4 (29)
Other gains and (losses), net (259) (196) (621) (304)
Income before income taxes 114,142 83,723 190,443 150,896
Provision for income taxes (12,063) (7,848) (18,962) (12,007)
Net income 102,079 75,875 171,481 138,889
Net (income) loss attributable to noncontrolling interest in Opry Entertainment Group (4,050) (2,094) (3,462) (2,805)
Net loss attributable to other noncontrolling interests (5,279) (2,028) (4,794) (1,370)
Net income available to common stockholders $ 92,750 $ 71,753 $ 163,225 $ 134,714
Basic income per share available to common stockholders $ 1.47 $ 1.17 $ 2.59 $ 2.22
Diluted income per share available to common stockholders $ 1.42 $ 1.12 $ 2.46 $ 2.13
Rooms [Member]        
Revenues:        
Total revenues $ 232,366 $ 200,900 $ 456,124 $ 390,132
Operating expenses:        
Total hotel operating expenses 52,581 47,238 103,175 93,527
Food and Beverage [Member]        
Revenues:        
Total revenues 296,437 250,391 585,784 503,654
Operating expenses:        
Total hotel operating expenses 159,120 136,152 317,283 274,291
Hotel, Other [Member]        
Revenues:        
Total revenues 76,161 64,920 148,445 120,155
Operating expenses:        
Total hotel operating expenses 150,260 130,588 294,882 254,512
Management Service [Member]        
Operating expenses:        
Total hotel operating expenses 22,142 17,916 43,057 36,379
Entertainment Segment [Member]        
Revenues:        
Total revenues $ 144,014 $ 143,304 $ 223,197 $ 232,854