United Parks & Resorts Inc.
For the period ended Jun 30, 2024. Filed Aug 8, 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.
Jun 30, 2024 · Filed Aug 8, 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 Balance Sheets
(In thousands, except share and per share amounts)
| June 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $232,052 | $246,922 |
| Accounts receivable, net | 100,822 | 73,845 |
| Inventories | 52,533 | 49,236 |
| Prepaid expenses and other current assets | 45,280 | 20,179 |
| Total current assets | 430,687 | 390,182 |
| Property and equipment, at cost | 3,925,992 | 3,814,799 |
| Accumulated depreciation | (2,011,094) | (1,972,861) |
| Property and equipment, net | 1,914,898 | 1,841,938 |
| Goodwill | 66,278 | 66,278 |
| Trade names/trademarks, net | 157,849 | 157,771 |
| Right of use assets-operating leases | 131,238 | 127,379 |
| Deferred tax assets, net | 14,716 | 8,019 |
| Other assets, net | 41,279 | 33,479 |
| Total assets | $2,756,945 | $2,625,046 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $183,978 | $160,611 |
| Current maturities of long-term debt | 15,540 | 12,000 |
| Operating lease liabilities | 3,750 | 3,380 |
| Accrued salaries, wages and benefits | 22,776 | 21,204 |
| Deferred revenue | 230,496 | 155,614 |
| Other accrued liabilities | 66,804 | 58,106 |
| Total current liabilities | 523,344 | 410,915 |
| Long-term debt, net | 2,239,846 | 2,093,190 |
| Long-term operating lease liabilities | 116,485 | 112,724 |
| Deferred tax liabilities, net | 188,082 | 164,949 |
| Other liabilities | 54,128 | 51,484 |
| Total liabilities | 3,121,885 | 2,833,262 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ Deficit: | ||
| Preferred stock, $0.01 par value—authorized, 100,000,000 shares, no shares issued or outstanding at June 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.01 par value—authorized, 1,000,000,000 shares; 97,031,598 and 96,660,357 shares issued at June 30, 2024 and December 31, 2023, respectively | 970 | 967 |
| Additional paid-in capital | 722,347 | 723,260 |
| Retained earnings | 490,022 | 410,099 |
| Treasury stock, at cost (37,170,399 and 32,690,289 shares at June 30, 2024 and December 31, 2023, respectively) | (1,578,279) | (1,342,542) |
| Total stockholders’ deficit | (364,940) | (208,216) |
| Total liabilities and stockholders’ deficit | $2,756,945 | $2,625,046 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.