v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 121,525 $ 99,884
Restricted cash 23,943 11,694
Accounts receivable and contract assets, net of allowances for credit losses of $363 and $343 at September 30, 2026 and December 31, 2025, respectively 104,991 33,566
Other current assets 19,948 13,563
Total current assets 270,407 158,707
Property and equipment, at cost (note 3) 1,286,686 1,266,030
Accumulated depreciation (433,367) (397,142)
Property and equipment, net 853,319 868,888
Investments in affiliates, accounted for using the equity method (note 4) 135,322 116,819
Intangible assets not subject to amortization:    
Goodwill 175,764 175,764
Franchise rights 123,703 123,703
Intangible assets, Total 299,467 299,467
Prepaid pension asset 3,623  
Other assets, net 173,998 171,076
Total assets 1,736,136 1,614,957
Current liabilities:    
Accounts payable and accrued liabilities 90,829 43,473
Deferred revenue and refundable tickets 91,542 109,829
Current portion of debt (note 5) 333,007 215,347
Other current liabilities 6,312 8,394
Total current liabilities 521,690 377,043
Long-term debt (note 5) 480,330 523,284
Finance lease liabilities 97,706 98,566
Deferred income tax liabilities 36,028 41,282
Pension liability   1,758
Other noncurrent liabilities 49,211 34,842
Total liabilities 1,184,965 1,076,775
Equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; zero shares issued at June 30, 2026 and December 31, 2025
Additional paid-in capital 1,192,837 1,137,178
Accumulated other comprehensive earnings (loss), net of taxes (2,724) (2,743)
Retained earnings (deficit) (651,923) (609,012)
Total stockholders' equity 538,830 526,050
Noncontrolling interests in equity of subsidiaries 12,341 12,132
Total equity 551,171 538,182
Commitments and contingencies (note 7)
Total liabilities and equity 1,736,136 1,614,957
Series A common stock    
Equity:    
Common stock value 103 103
Series B common stock    
Equity:    
Common stock value 10 10
Series C common stock    
Equity:    
Common stock value $ 527 $ 514