United Parks & Resorts Inc.
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 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 Statements of Income
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF
INCOME
(In thousands, except per share amounts)
| For the Three Months Ended · For the Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Net revenues: | ||||
| Admissions | $296,954 | $299,785 | $726,766 | $733,542 |
| Food, merchandise and other | 248,947 | 248,462 | 614,151 | 604,080 |
| Total revenues | 545,901 | 548,247 | 1,340,917 | 1,337,622 |
| Costs and expenses: | ||||
| Cost of food, merchandise and other revenues | 40,629 | 40,431 | 102,321 | 101,862 |
| Operating expenses (exclusive of depreciation and amortization shown separately below) | 207,336 | 205,808 | 562,418 | 574,210 |
| Selling, general and administrative expenses | 55,361 | 59,705 | 167,026 | 176,152 |
| Severance and other separation costs | (12) | (139) | 577 | 521 |
| Depreciation and amortization | 41,577 | 39,171 | 121,040 | 114,396 |
| Total costs and expenses | 344,891 | 344,976 | 953,382 | 967,141 |
| Operating income | 201,010 | 203,271 | 387,535 | 370,481 |
| Other expense (income), net | 54 | (21) | 87 | 20 |
| Interest expense | 39,682 | 37,052 | 117,845 | 110,407 |
| Loss on early extinguishment of debt and write-off of debt issuance costs and discounts | — | — | 2,452 | — |
| Income before income taxes | 161,274 | 166,240 | 267,151 | 260,054 |
| Provision for income taxes | 41,597 | 42,685 | 67,551 | 65,911 |
| Net income | $119,677 | $123,555 | $199,600 | $194,143 |
| Earnings per share: | ||||
| Earnings per share, basic | $2.09 | $1.93 | $3.27 | $3.04 |
| Earnings per share, diluted | $2.08 | $1.92 | $3.24 | $3.01 |
| Weighted average common shares outstanding: | ||||
| Basic | 57,292 | 63,954 | 61,052 | 63,955 |
| Diluted | 57,663 | 64,319 | 61,532 | 64,425 |
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