XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 36,834 $ 235,336
Receivables (net of allowance for doubtful accounts of $14,608 and $12,221, respectively) 143,028 125,870
Income taxes receivable 664 0
Notes receivable, net of allowance 17,254 13,256
Other current assets 34,065 25,967
Total current assets 231,845 400,429
Property and equipment, at cost, net 98,403 83,374
Goodwill 174,538 80,757
Intangible assets, net 246,925 100,492
Notes receivable, net of allowances 78,286 80,136
Investments, employee benefit plans, at fair value 20,142 20,838
Investments in unconsolidated entities 128,157 134,226
Deferred income taxes 24,601 27,224
Other assets 49,120 67,715
Total assets 1,052,017 995,191
Current liabilities    
Accounts payable 62,730 67,839
Accrued expenses and other current liabilities 58,953 84,315
Deferred revenue 62,247 52,142
Current portion of long-term debt 1,265 1,232
Liability for guest loyalty program 84,075 79,123
Total current liabilities 269,270 284,651
Long-term debt 795,745 725,292
Long-term deferred revenue 96,351 94,153
Deferred compensation and retirement plan obligations 24,513 25,566
Income taxes payable 29,041 29,041
Deferred income taxes 0 39
Liability for guest loyalty program 51,749 48,701
Other liabilities 45,265 46,349
Total liabilities 1,311,934 1,253,792
Commitments and Contingencies
SHAREHOLDERS' DEFICIT    
Common stock, $0.01 par value, 160,000,000 shares authorized; 95,065,638 shares issued at March 31, 2018 and December 31, 2017 and 56,660,639 and 56,679,968 shares outstanding at March 31, 2018 and December 31, 2017, respectively 951 951
Additional paid-in-capital 195,651 182,448
Accumulated other comprehensive loss (3,629) (4,699)
Treasury stock (38,404,999 and 38,385,670 shares at March 31, 2018 and December 31, 2017, respectively), at cost (1,093,066) (1,064,573)
Retained earnings 640,176 627,272
Total shareholders’ deficit (259,917) (258,601)
Total liabilities and shareholders’ deficit $ 1,052,017 $ 995,191