United Parks & Resorts Inc.
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
PRKS$42.36-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF
OPERATIONS
(In thousands, except per share amounts)
| For the Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net revenues: | ||
| Admissions | $165,809 | $163,863 |
| Food, merchandise and other | 131,614 | 129,483 |
| Total revenues | 297,423 | 293,346 |
| Costs and expenses: | ||
| Cost of food, merchandise and other revenues | 23,047 | 23,221 |
| Operating expenses (exclusive of depreciation and amortization shown separately below) | 164,883 | 172,674 |
| Selling, general and administrative expenses | 47,877 | 48,281 |
| Severance and other separation costs | 293 | 4 |
| Depreciation and amortization | 39,182 | 37,394 |
| Total costs and expenses | 275,282 | 281,574 |
| Operating income | 22,141 | 11,772 |
| Other expense, net | 180 | 46 |
| Interest expense | 38,777 | 36,401 |
| Loss before income taxes | (16,816) | (24,675) |
| Benefit from income taxes | (5,615) | (8,208) |
| Net loss | $(11,201) | $(16,467) |
| Loss per share: | ||
| Net loss per share, basic | $(0.17) | $(0.26) |
| Net loss per share, diluted | $(0.17) | $(0.26) |
| Weighted average common shares outstanding: | ||
| Basic | 64,016 | 63,978 |
| Diluted | 64,016 | 63,978 |
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