v3.26.1
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 941,311 $ 1,363,548
Accounts receivable, net 409,809 416,979
Other current assets 97,913 105,619
Current assets of discontinued operations 95,716 598,890
Total current assets 1,544,749 2,485,036
Buildings, land, equipment, leasehold improvements and capitalized software, net 284,394 310,184
Goodwill 1,508,030 1,502,406
Intangible assets, net of accumulated amortization 394,381 479,088
Investment in MGM Resorts International 2,401,858 2,242,672
Long-term investments 409,240 438,534
Other non-current assets 222,870 319,135
Non-current assets of discontinued operations 429,395 1,967,856
TOTAL ASSETS 7,194,917 9,744,911
LIABILITIES:    
Current portion of long-term debt 24,500 35,000
Accounts payable, trade 29,859 35,601
Deferred revenue 19,026 20,252
Accrued expenses and other current liabilities 391,368 422,309
Current liabilities of discontinued operations 96,114 373,030
Total current liabilities 560,867 886,192
Long-term debt, net 1,401,324 1,435,007
Deferred income taxes 208,624 204,304
Other long-term liabilities 226,422 367,492
Non-current liabilities of discontinued operations 8,657 547,528
Redeemable noncontrolling interests 25,264 25,415
Commitments and contingencies
SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 5,959,692 6,380,700
Accumulated deficit (643,000) (538,974)
Accumulated other comprehensive loss (11,842) (11,396)
Treasury stock, 12,026 and 4,350 shares at December 31, 2025 and 2024, respectively (571,032) (252,441)
Total People Incorporated shareholders’ equity 4,733,827 5,577,898
Noncontrolling interests 29,932 701,075
Total shareholders’ equity 4,763,759 6,278,973
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 7,194,917 9,744,911
Common Stock, $0.0001 par value; authorized 1,600,000 shares; 83,581 and 84,831 shares issued and 71,555 and 80,481 shares outstanding at December 31, 2025 and 2024, respectively    
SHAREHOLDERS’ EQUITY:    
Common stock, value 8 8
Class B common stock, $0.0001 par value; authorized 400,000 shares; 5,789 shares issued and outstanding at December 31, 2025 and 2024    
SHAREHOLDERS’ EQUITY:    
Common stock, value $ 1 $ 1