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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 31,679 $ 41,566
Accounts receivable (net of allowance for credit losses of $24,558 and $23,435, respectively) 214,103 216,614
Income taxes receivable 4,736 4,759
Notes receivable (net of allowance for credit losses of $3,988 and $4,125, respectively) 53,093 52,466
Prepaid expenses and other current assets 37,477 32,517
Total current assets 341,088 347,922
Property and equipment, at cost (net of accumulated depreciation and amortization of $266,825 and $253,323, respectively) 434,282 427,306
Operating lease right-of-use assets 66,398 68,985
Goodwill 220,187 218,653
Intangible assets (net of accumulated amortization of $205,769 and $201,401, respectively) 750,179 742,190
Notes receivable (net of allowance for credit losses of $6,370 and $6,047, respectively) 56,382 55,577
Investments, employee benefit plans, at fair value 34,758 31,645
Investments in affiliates 33,216 30,647
Deferred income taxes 80,593 88,182
Other assets 89,140 91,068
Total assets 2,106,223 2,102,175
Current liabilities    
Accounts payable 93,135 118,863
Accrued expenses and other current liabilities 78,842 131,410
Deferred revenue 103,599 92,695
Current portion of long-term debt 4,416 2,976
Liability for guest loyalty programs 89,582 89,954
Total current liabilities 369,574 435,898
Long-term debt 1,374,814 1,200,547
Long-term deferred revenue 132,520 134,149
Deferred compensation and retirement plan obligations 40,420 36,673
Income taxes payable 15,482 15,482
Operating lease liabilities 69,708 70,994
Liability for guest loyalty programs 48,420 47,381
Other liabilities 8,277 6,391
Total liabilities 2,059,215 1,947,515
Commitments and Contingencies
Common stock, $0.01 par value; 160,000,000 shares authorized; 95,065,638 shares issued at March 31, 2023 and December 31, 2022; 51,174,432 and 52,200,903 shares outstanding at March 31, 2023 and December 31, 2022, respectively 951 951
Additional paid-in-capital 299,952 298,053
Accumulated other comprehensive loss (4,817) (5,211)
Treasury stock, at cost; 43,891,206 and 42,864,735 shares at March 31, 2023 and December 31, 2022, respectively (1,842,913) (1,694,857)
Retained earnings 1,593,835 1,555,724
Total shareholders’ equity 47,008 154,660
Total liabilities and shareholders’ equity $ 2,106,223 $ 2,102,175