XML 73 R61.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2016
ASSETS        
Cash and cash equivalents $ 36,834 $ 235,336 $ 187,472 $ 202,463
Receivables 143,028 125,870    
Other current assets 51,983 39,223    
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 affiliates 0 0    
Advances to affiliates 0 0    
Deferred income taxes 24,601 27,224    
Other assets 177,277 201,941    
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    
Advances from affiliates 0 0    
Income taxes payable 29,041 29,041    
Other liabilities 97,014 95,089    
Total liabilities 1,311,934 1,253,792    
Total shareholders’ (deficit) equity (259,917) (258,601)    
Total liabilities and shareholders’ deficit 1,052,017 995,191    
Parent        
ASSETS        
Cash and cash equivalents 11,415 12,671 4,114 14,696
Receivables 126,154 107,470    
Other current assets 16,611 12,507    
Total current assets 154,180 132,648    
Property and equipment, at cost, net 46,996 47,736    
Goodwill 159,196 65,813    
Intangible assets, net 141,483 5,122    
Notes receivable, net of allowances 20,346 22,193    
Investments, employee benefit plans, at fair value 0 0    
Investments in affiliates 283,439 475,434    
Advances to affiliates 10,704 10,517    
Deferred income taxes 16,982 20,548    
Other assets 417 189    
Total assets 833,743 780,200    
Current liabilities        
Accounts payable 16,489 15,326    
Accrued expenses and other current liabilities 60,724 73,225    
Deferred revenue 31,101 24,984    
Current portion of long-term debt 0 0    
Liability for guest loyalty program 0 0    
Total current liabilities 108,314 113,535    
Long-term debt 783,588 713,175    
Long-term deferred revenue 72,259 71,100    
Deferred compensation and retirement plan obligations 0 0    
Advances from affiliates 115,267 126,691    
Income taxes payable 0 0    
Other liabilities 14,232 14,300    
Total liabilities 1,093,660 1,038,801    
Total shareholders’ (deficit) equity (259,917) (258,601)    
Total liabilities and shareholders’ deficit 833,743 780,200    
Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 52 38 23 159
Receivables 5,555 6,120    
Other current assets 64,530 60,569    
Total current assets 70,137 66,727    
Property and equipment, at cost, net 16,888 18,114    
Goodwill 0 0    
Intangible assets, net 93,646 83,441    
Notes receivable, net of allowances 0 0    
Investments, employee benefit plans, at fair value 20,142 20,838    
Investments in affiliates 47,882 47,172    
Advances to affiliates 109,042 120,466    
Deferred income taxes 10,050 9,335    
Other assets 154,978 160,045    
Total assets 522,765 526,138    
Current liabilities        
Accounts payable 42,869 48,213    
Accrued expenses and other current liabilities 27,752 41,814    
Deferred revenue 28,515 25,301    
Current portion of long-term debt 0 0    
Liability for guest loyalty program 83,843 78,899    
Total current liabilities 182,979 194,227    
Long-term debt 3,712 3,712    
Long-term deferred revenue 22,436 20,513    
Deferred compensation and retirement plan obligations 24,499 25,552    
Advances from affiliates 1,371 1,294    
Income taxes payable 0 0    
Other liabilities 64,859 62,845    
Total liabilities 299,856 308,143    
Total shareholders’ (deficit) equity 222,909 217,995    
Total liabilities and shareholders’ deficit 522,765 526,138    
Non-Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 25,367 222,627 183,335 187,608
Receivables 11,725 12,480    
Other current assets 13,231 9,930    
Total current assets 50,323 245,037    
Property and equipment, at cost, net 34,519 17,524    
Goodwill 15,342 14,944    
Intangible assets, net 11,796 11,929    
Notes receivable, net of allowances 57,940 57,943    
Investments, employee benefit plans, at fair value 0 0    
Investments in affiliates 0 0    
Advances to affiliates 11 0    
Deferred income taxes 170 169    
Other assets 21,882 41,707    
Total assets 191,983 389,253    
Current liabilities        
Accounts payable 3,778 4,500    
Accrued expenses and other current liabilities 12,866 13,059    
Deferred revenue 2,631 1,857    
Current portion of long-term debt 1,265 1,232    
Liability for guest loyalty program 232 224    
Total current liabilities 20,772 20,872    
Long-term debt 8,445 8,405    
Long-term deferred revenue 1,656 2,540    
Deferred compensation and retirement plan obligations 14 14    
Advances from affiliates 3,119 2,998    
Income taxes payable 29,041 29,041    
Other liabilities 20,524 20,772    
Total liabilities 83,571 84,642    
Total shareholders’ (deficit) equity 108,412 304,611    
Total liabilities and shareholders’ deficit 191,983 389,253    
Eliminations        
ASSETS        
Cash and cash equivalents 0 0 $ 0 $ 0
Receivables (406) (200)    
Other current assets (42,389) (43,783)    
Total current assets (42,795) (43,983)    
Property and equipment, at cost, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Notes receivable, net of allowances 0 0    
Investments, employee benefit plans, at fair value 0 0    
Investments in affiliates (331,321) (522,606)    
Advances to affiliates (119,757) (130,983)    
Deferred income taxes (2,601) (2,828)    
Other assets 0 0    
Total assets (496,474) (700,400)    
Current liabilities        
Accounts payable (406) (200)    
Accrued expenses and other current liabilities (42,389) (43,783)    
Deferred revenue 0 0    
Current portion of long-term debt 0 0    
Liability for guest loyalty program 0 0    
Total current liabilities (42,795) (43,983)    
Long-term debt 0 0    
Long-term deferred revenue 0 0    
Deferred compensation and retirement plan obligations 0 0    
Advances from affiliates (119,757) (130,983)    
Income taxes payable 0 0    
Other liabilities (2,601) (2,828)    
Total liabilities (165,153) (177,794)    
Total shareholders’ (deficit) equity (331,321) (522,606)    
Total liabilities and shareholders’ deficit $ (496,474) $ (700,400)