United Parks & Resorts Inc.

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 29, 2024

PRKS$43.21+8.1%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

UNITED PARKS & RESORTS INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
	December 31,
	2023	2022
Assets
Current assets:
Cash and cash equivalents	$246,922	$79,196
Accounts receivable, net	73,845	71,050
Inventories	49,236	55,190
Prepaid expenses and other current assets	20,179	28,260
Total current assets	390,182	233,696
Property and equipment, at cost	3,814,799	3,576,092
Accumulated depreciation	(1,972,861)	(1,869,413)
Property and equipment, net	1,841,938	1,706,679
Goodwill	66,278	66,278
Trade names/trademarks, net	157,771	157,000
Right of use assets-operating leases	127,379	130,479
Deferred tax assets, net	8,019	12,332
Other assets, net	33,479	19,323
Total assets	$2,625,046	$2,325,787
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable and accrued expenses	$160,611	$159,947
Current maturities of long-term debt	12,000	12,000
Operating lease liabilities	3,380	3,387
Accrued salaries, wages and benefits	21,204	17,423
Deferred revenue	155,614	169,535
Other accrued liabilities	58,106	46,914
Total current liabilities	410,915	409,206
Long-term debt, net	2,093,190	2,099,059
Long-term operating lease liabilities	112,724	115,396
Deferred tax liabilities, net	164,949	96,627
Other liabilities	51,484	43,163
Total liabilities	2,833,262	2,763,451
Commitments and contingencies (Note 14)
Stockholders’ Deficit:
Preferred stock, $0.01 par value—authorized, 100,000,000 shares, no shares issued or outstanding at December 31, 2023 and 2022	—	—
Common stock, $0.01 par value—authorized, 1,000,000,000 shares; 96,660,357 and 96,287,771 shares issued at December 31, 2023 and 2022, respectively	967	963
Additional paid-in capital	723,260	710,151
Retained earnings	410,099	175,903
Treasury stock, at cost (32,690,289 and 32,376,539 shares at December 31, 2023 and 2022, respectively)	(1,342,542)	(1,324,681)
Total stockholders’ deficit	(208,216)	(437,664)
Total liabilities and stockholders’ deficit	$2,625,046	$2,325,787

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.