XML 57 R51.htm IDEA: XBRL DOCUMENT v3.2.0.727
Information Concerning Guarantor and Non-Guarantor Subsidiaries - Condensed Consolidating Statement of Operations and Comprehensive Income (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Rooms $ 104,540 $ 99,376 $ 199,261 $ 190,458
Food and beverage 119,042 109,959 237,373 227,203
Other hotel revenue 22,253 23,595 45,655 47,472
Entertainment (previously Opry and Attractions) 28,201 24,983 44,895 39,231
Total revenues 274,036 257,913 527,184 504,364
Operating expenses:        
Rooms 26,802 26,903 52,869 54,381
Food and beverage 64,789 61,058 129,864 124,240
Other hotel expenses 70,109 68,823 140,405 140,925
Management fees 3,791 3,952 7,303 7,863
Total hotel operating expenses 165,491 160,736 330,441 327,409
Entertainment (previously Opry and Attractions) 16,659 15,411 29,821 27,682
Corporate 6,273 6,048 13,367 12,755
Preopening costs 199   791  
Impairment and other charges     2,890  
Depreciation and amortization 28,399 28,232 56,969 56,235
Total operating expenses 217,021 210,427 434,279 424,081
Operating income (loss) 57,015 47,486 92,905 80,283
Interest expense (17,814) (15,472) (31,627) (31,142)
Interest income 3,393 3,038 6,401 6,069
Loss on extinguishment of debt   (2,148)   (2,148)
Other gains and (losses), net (339) (4,337) (20,571) (4,326)
Income (loss) before income taxes 42,255 28,567 47,108 48,736
(Provision) benefit for income taxes (866) (576) (1,187) (92)
Net income 41,389 27,991 45,921 48,644
Comprehensive income (loss) 41,426 27,944 46,017 48,544
Parent Guarantor [Member]        
Revenues:        
Entertainment (previously Opry and Attractions) 58 84 115 84
Total revenues 58 84 115 84
Operating expenses:        
Corporate 121 19 173 19
Corporate overhead allocation 2,534 2,579 4,999 5,399
Depreciation and amortization 31 21 63 21
Total operating expenses 2,686 2,619 5,235 5,439
Operating income (loss) (2,628) (2,535) (5,120) (5,355)
Interest expense   (5,437)   (11,896)
Loss on extinguishment of debt   (2,148)   (2,148)
Other gains and (losses), net (60) (4,496) (20,246) (4,496)
Income (loss) before income taxes (2,688) (14,616) (25,366) (23,895)
(Provision) benefit for income taxes   41    
Equity in subsidiaries' earnings, net 44,077 42,566 71,287 72,539
Net income 41,389 27,991 45,921 48,644
Comprehensive income (loss) 41,426 27,944 46,017 48,544
Issuer [Member]        
Operating expenses:        
Corporate 333 316 649 620
Total operating expenses 333 316 649 620
Operating income (loss) (333) (316) (649) (620)
Interest expense (17,912) (10,034) (31,763) (19,237)
Income (loss) before income taxes (18,245) (10,350) (32,412) (19,857)
(Provision) benefit for income taxes 22   22  
Net income (18,223) (10,350) (32,390) (19,857)
Comprehensive income (loss) (18,223) (10,350) (32,390) (19,857)
Guarantors [Member]        
Revenues:        
Other hotel revenue 74,776 74,926 150,336 142,786
Total revenues 74,776 74,926 150,336 142,786
Operating expenses:        
Other hotel expenses 10,900 11,167 21,868 22,868
Total hotel operating expenses 10,900 11,167 21,868 22,868
Corporate 2   2 1
Corporate overhead allocation 2,006 2,043 3,915 3,963
Depreciation and amortization 14,729 14,915 29,515 29,817
Total operating expenses 27,637 28,125 55,300 56,649
Operating income (loss) 47,139 46,801 95,036 86,137
Interest expense 2   2  
Income (loss) before income taxes 47,141 46,801 95,038 86,137
(Provision) benefit for income taxes (123) (515) (124) (911)
Net income 47,018 46,286 94,914 85,226
Comprehensive income (loss) 47,018 46,286 94,914 85,226
Non-Guarantors [Member]        
Revenues:        
Rooms 104,540 99,376 199,261 190,458
Food and beverage 119,042 109,959 237,373 227,203
Other hotel revenue 26,685 28,121 54,353 56,693
Entertainment (previously Opry and Attractions) 28,190 24,929 44,897 39,178
Total revenues 278,457 262,385 535,884 513,532
Operating expenses:        
Rooms 26,802 26,903 52,869 54,381
Food and beverage 64,789 61,058 129,864 124,240
Other hotel expenses 133,878 132,485 268,657 260,702
Management fees 3,791 3,952 7,303 7,863
Total hotel operating expenses 229,260 224,398 458,693 447,186
Entertainment (previously Opry and Attractions) 16,705 15,442 29,938 27,713
Corporate 5,817 5,713 12,543 12,115
Preopening costs 199   791  
Impairment and other charges     2,890  
Depreciation and amortization 13,639 13,296 27,391 26,397
Total operating expenses 265,620 258,849 532,246 513,411
Operating income (loss) 12,837 3,536 3,638 121
Interest expense 96 (1) 134 (9)
Interest income 3,393 3,038 6,401 6,069
Other gains and (losses), net (279) 159 (325) 170
Income (loss) before income taxes 16,047 6,732 9,848 6,351
(Provision) benefit for income taxes (765) (102) (1,085) 819
Net income 15,282 6,630 8,763 7,170
Comprehensive income (loss) 15,319 6,583 8,859 7,070
Eliminations [Member]        
Revenues:        
Other hotel revenue (79,208) (79,452) (159,034) (152,007)
Entertainment (previously Opry and Attractions) (47) (30) (117) (31)
Total revenues (79,255) (79,482) (159,151) (152,038)
Operating expenses:        
Other hotel expenses (74,669) (74,829) (150,120) (142,645)
Total hotel operating expenses (74,669) (74,829) (150,120) (142,645)
Entertainment (previously Opry and Attractions) (46) (31) (117) (31)
Corporate overhead allocation (4,540) (4,622) (8,914) (9,362)
Total operating expenses (79,255) (79,482) (159,151) (152,038)
Equity in subsidiaries' earnings, net (44,077) (42,566) (71,287) (72,539)
Net income (44,077) (42,566) (71,287) (72,539)
Comprehensive income (loss) $ (44,114) $ (42,519) $ (71,383) $ (72,439)