United Parks & Resorts Inc.

For the period ended Mar 31, 2025. Filed May 12, 2025.

About this filing

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, 2025 · Filed May 12, 2025

PRKS$42.36-2.0%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Balance Sheets

(In thousands, except share and per share amounts)

	March 31,	December 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$75,665	$115,893
Accounts receivable, net	80,496	79,442
Inventories	50,635	45,846
Prepaid expenses and other current assets	49,541	29,247
Total current assets	256,337	270,428
Property and equipment, at cost	4,008,584	3,959,943
Accumulated depreciation	(2,110,189)	(2,072,660)
Property and equipment, net	1,898,395	1,887,283
Goodwill	66,278	66,278
Trade names/trademarks, net	157,846	157,846
Right of use assets-operating leases	128,746	129,875
Deferred tax assets, net	3,497	5,694
Other assets, net	59,703	56,174
Total assets	$2,570,802	$2,573,578
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable and accrued expenses	$151,370	$163,552
Current maturities of long-term debt	15,423	15,423
Operating lease liabilities	4,163	4,079
Accrued salaries, wages and benefits	16,346	22,666
Deferred revenue	195,878	152,655
Other accrued liabilities	51,615	54,493
Total current liabilities	434,795	412,868
Long-term debt, net	2,226,003	2,228,746
Long-term operating lease liabilities	114,010	115,117
Deferred tax liabilities, net	209,612	213,319
Other liabilities	64,667	65,068
Total liabilities	3,049,087	3,035,118
Commitments and contingencies (Note 8)
Stockholders’ Deficit:
Preferred stock, $0.01 par value—authorized, 100,000,000 shares, no shares issued or outstanding at March 31, 2025 and December 31, 2024	—	—
Common stock, $0.01 par value—authorized, 1,000,000,000 shares; 97,121,406 and 97,080,628 shares issued at March 31, 2025 and December 31, 2024, respectively	971	971
Additional paid-in capital	733,952	729,965
Retained earnings	621,463	637,596
Treasury stock, at cost (42,155,289 and 42,055,289 shares at March 31, 2025 and December 31, 2024)	(1,834,671)	(1,830,072)
Total stockholders’ deficit	(478,285)	(461,540)
Total liabilities and stockholders’ deficit	$2,570,802	$2,573,578

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.