XML 61 R51.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidating Financial Information of Guarantors and Issuers (Balance Sheet) (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Jan. 01, 2019
Dec. 31, 2018
Mar. 25, 2018
Dec. 31, 2017
Current Assets:          
Cash and cash equivalents $ 60,272   $ 105,349 $ 42,888  
Receivables 44,331   51,518 30,795  
Inventories 42,629   30,753 40,303  
Other current assets 38,313   12,589 39,998  
Total current assets 185,545   200,209 153,984  
Property and equipment (net) 1,646,754   1,599,438 1,621,099  
Investment In Park 0   0 0  
Goodwill 179,939   178,719 182,291 $ 183,830
Other intangibles, net 36,642   36,376 37,710  
Deferred tax asset 0   0 0  
Right-of-Use Asset 72,594   0 0  
Other Assets 10,996   9,441 9,507  
Total Assets 2,132,470   2,024,183 2,004,591  
Current Liabilities:          
Current maturities of long-term debt 7,500   5,625 0  
Accounts payable 47,254   23,314 39,812  
Deferred revenue 151,336 $ 107,100 107,074 124,513  
Accrued interest 20,886   7,927 21,119  
Accrued taxes 9,883   29,591 10,176  
Accrued salaries, wages and benefits 13,996   18,786 14,513  
Self-insurance reserves 23,579   24,021 24,811  
Other accrued liabilities 19,745   18,381 18,236  
Total current liabilities 294,179   234,719 253,180  
Deferred Tax Liability 82,518   81,717 87,459  
Derivative Liability 13,083   6,705 2,730  
Lease Liability 65,399   0 0  
Other Liabilities 10,314   11,058 11,403  
Long-Term Debt:          
Revolving credit loans 120,000   0 40,000  
Term debt 718,168   719,507 723,525  
Notes 938,407   938,061 937,257  
Total long-term debt 1,776,575   1,657,568 1,700,782  
Equity (109,598)   32,416 (50,963) $ 82,946
Total Liabilities and Partners' Equity 2,132,470   2,024,183 2,004,591  
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Parent Company [Member]          
Current Assets:          
Cash and cash equivalents 0   0 0  
Receivables 0   0 0  
Inventories 0   0 0  
Other current assets 73   179 69  
Total current assets 73   179 69  
Property and equipment (net) 0   0 0  
Investment In Park 489,463   601,706 485,489  
Goodwill 674   674 674  
Other intangibles, net 0   0 0  
Deferred tax asset 0   0 0  
Right-of-Use Asset 0        
Other Assets 0   0 0  
Total Assets 490,210   602,559 486,232  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable 593,593   565,472 531,176  
Deferred revenue 0   0 0  
Accrued interest 4   1 215  
Accrued taxes 1,111   443 883  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 0   0 0  
Other accrued liabilities 3,201   3,318 3,283  
Total current liabilities 597,909   569,234 535,557  
Deferred Tax Liability 0   0 0  
Derivative Liability 1,899   909 1,638  
Lease Liability 0        
Other Liabilities 0   0 0  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 0   0 0  
Total long-term debt 0   0 0  
Equity (109,598)   32,416 (50,963)  
Total Liabilities and Partners' Equity 490,210   602,559 486,232  
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]          
Current Assets:          
Cash and cash equivalents 36,437   32,715 22,114  
Receivables 931,790   938,397 785,879  
Inventories 40,076   28,618 37,810  
Other current assets 34,569   10,544 35,895  
Total current assets 1,042,872   1,010,274 881,698  
Property and equipment (net) 1,463,440   1,426,292 1,439,969  
Investment In Park 188,484   218,575 203,857  
Goodwill 119,605   119,605 119,605  
Other intangibles, net 23,340   23,346 23,876  
Deferred tax asset 0   0 0  
Right-of-Use Asset 72,563        
Other Assets 10,959   9,405 9,468  
Total Assets 2,921,263   2,807,497 2,678,473  
Current Liabilities:          
Current maturities of long-term debt 6,187   4,641    
Accounts payable 42,085   18,620 39,374  
Deferred revenue 139,827   98,614 116,480  
Accrued interest 12,847   5,871 13,127  
Accrued taxes 22,641   27,487 9,177  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 12,536   12,374 12,830  
Other accrued liabilities 12,099   10,024 9,436  
Total current liabilities 248,222   177,631 200,424  
Deferred Tax Liability 87,516   87,516 81,945  
Derivative Liability 0   0 0  
Lease Liability 65,379        
Other Liabilities 9,767   9,889 10,698  
Long-Term Debt:          
Revolving credit loans 120,000     40,000  
Term debt 591,918   592,982 596,175  
Notes 492,068   491,820 491,799  
Total long-term debt 1,203,986   1,084,802 1,127,974  
Equity 1,306,393   1,447,659 1,257,432  
Total Liabilities and Partners' Equity 2,921,263   2,807,497 2,678,473  
June 2014 Notes [Member] | Eliminations [Member]          
Current Assets:          
Cash and cash equivalents (470)   (692) (4,299)  
Receivables (922,614)   (922,469) (831,103)  
Inventories 0   0 0  
Other current assets (13,869)   (5,007) (347)  
Total current assets (936,953)   (928,168) (835,749)  
Property and equipment (net) 0   0 0  
Investment In Park (2,012,293)   (2,265,088) (1,891,357)  
Goodwill 0   0 0  
Other intangibles, net 0   0 0  
Deferred tax asset (18,310)   (18,224) (7,150)  
Right-of-Use Asset 0        
Other Assets 0   0 0  
Total Assets (2,967,556)   (3,211,480) (2,734,256)  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable (923,084)   (923,161) (835,402)  
Deferred revenue 0   0 0  
Accrued interest 0   0 0  
Accrued taxes (13,869)   (5,007) (347)  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 0   0  
Other accrued liabilities 0   0 0  
Total current liabilities (936,953)   (928,168) (835,749)  
Deferred Tax Liability (18,310)   (18,224) (7,150)  
Derivative Liability 0   0 0  
Lease Liability 0        
Other Liabilities 0   0 0  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 0   0 0  
Total long-term debt 0   0 0  
Equity (2,012,293)   (2,265,088) (1,891,357)  
Total Liabilities and Partners' Equity (2,967,556)   (3,211,480) (2,734,256)  
June 2014 Notes [Member] | Co-Issuer Subsidiary (Magnum) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]          
Current Assets:          
Cash and cash equivalents 0   0 0  
Receivables 1,765   1,093 1,232  
Inventories 0   0 0  
Other current assets 7,158   1,411 1,922  
Total current assets 8,923   2,504 3,154  
Property and equipment (net) 794   802 827  
Investment In Park 1,076,487   1,182,345 967,791  
Goodwill 0   0 0  
Other intangibles, net 0   0 0  
Deferred tax asset 18,310   18,224 7,150  
Right-of-Use Asset 0        
Other Assets 0   0 0  
Total Assets 1,104,514   1,203,875 978,922  
Current Liabilities:          
Current maturities of long-term debt 1,313   984    
Accounts payable 331,881   359,953 302,858  
Deferred revenue 500   0 0  
Accrued interest 2   1 143  
Accrued taxes 0   6,668 0  
Accrued salaries, wages and benefits 13,087   17,552 13,777  
Self-insurance reserves 9,602   10,214 10,438  
Other accrued liabilities 4,297   4,903 5,249  
Total current liabilities 360,682   400,275 332,465  
Deferred Tax Liability 0   0 0  
Derivative Liability 11,184   5,796 1,092  
Lease Liability 0        
Other Liabilities 547   1,169 705  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 126,250   126,525 127,350  
Notes 0   0 0  
Total long-term debt 126,250   126,525 127,350  
Equity 605,851   670,110 517,310  
Total Liabilities and Partners' Equity 1,104,514   1,203,875 978,922  
June 2014 Notes [Member] | Co-Issuer Subsidiary (Cedar Canada) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]          
Current Assets:          
Cash and cash equivalents 24,305   73,326 25,073  
Receivables 33,390   34,497 74,787  
Inventories 2,553   2,135 2,493  
Other current assets 10,382   5,462 2,459  
Total current assets 70,630   115,420 104,812  
Property and equipment (net) 182,520   172,344 180,303  
Investment In Park 257,859   262,462 234,220  
Goodwill 59,660   58,440 62,012  
Other intangibles, net 13,302   13,030 13,834  
Deferred tax asset 0   0 0  
Right-of-Use Asset 31        
Other Assets 37   36 39  
Total Assets 584,039   621,732 595,220  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable 2,779   2,430 1,806  
Deferred revenue 11,009   8,460 8,033  
Accrued interest 8,033   2,054 7,634  
Accrued taxes 0   0 463  
Accrued salaries, wages and benefits 909   1,234 736  
Self-insurance reserves 1,441   1,433 1,543  
Other accrued liabilities 148   136 268  
Total current liabilities 24,319   15,747 20,483  
Deferred Tax Liability 13,312   12,425 12,664  
Derivative Liability 0   0 0  
Lease Liability 20        
Other Liabilities 0   0 0  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 446,339   446,241 445,458  
Total long-term debt 446,339   446,241 445,458  
Equity 100,049   147,319 116,615  
Total Liabilities and Partners' Equity 584,039   621,732 595,220  
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Parent Company [Member]          
Current Assets:          
Cash and cash equivalents 0   0 0  
Receivables 0   0 0  
Inventories 0   0 0  
Other current assets 73   179 69  
Total current assets 73   179 69  
Property and equipment (net) 0   0 0  
Investment In Park 489,463   601,706 485,489  
Goodwill 674   674 674  
Other intangibles, net 0   0 0  
Deferred tax asset 0   0 0  
Right-of-Use Asset 0        
Other Assets 0   0 0  
Total Assets 490,210   602,559 486,232  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable 593,593   565,472 531,176  
Deferred revenue 0   0 0  
Accrued interest 4   1 215  
Accrued taxes 1,111   443 883  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 0   0 0  
Other accrued liabilities 3,201   3,318 3,283  
Total current liabilities 597,909   569,234 535,557  
Deferred Tax Liability 0   0 0  
Derivative Liability 1,899   909 1,638  
Lease Liability 0        
Other Liabilities 0   0 0  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 0   0 0  
Total long-term debt 0   0 0  
Equity (109,598)   32,416 (50,963)  
Total Liabilities and Partners' Equity 490,210   602,559 486,232  
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]          
Current Assets:          
Cash and cash equivalents 181   2,052 0  
Receivables 898,919   902,155 762,874  
Inventories 7,302   5,216 7,149  
Other current assets 6,483   1,564 7,226  
Total current assets 912,885   910,987 777,249  
Property and equipment (net) 1,463,440   1,426,292 1,439,969  
Investment In Park 188,484   218,574 203,858  
Goodwill 111,217   111,217 111,217  
Other intangibles, net 23,340   23,346 23,876  
Deferred tax asset 0   0 0  
Right-of-Use Asset 69,084        
Other Assets 8,983   8,988 9,069  
Total Assets 2,777,433   2,699,404 2,565,238  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable 8,274   3,625 9,103  
Deferred revenue 30,021   24,552 26,988  
Accrued interest 0   0 0  
Accrued taxes 14,410   19,400 1,395  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 1,896   2,066 2,355  
Other accrued liabilities 7,863   4,553 4,382  
Total current liabilities 62,464   54,196 44,223  
Deferred Tax Liability 87,516   87,516 81,945  
Derivative Liability 0   0 0  
Lease Liability 63,610        
Other Liabilities 9,680   9,802 10,578  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 0   0 0  
Total long-term debt 0   0 0  
Equity 2,554,163   2,547,890 2,428,492  
Total Liabilities and Partners' Equity 2,777,433   2,699,404 2,565,238  
April 2017 Notes [Member] | Eliminations [Member]          
Current Assets:          
Cash and cash equivalents (470)   (692) (4,299)  
Receivables (922,614)   (922,469) (831,103)  
Inventories 0   0 0  
Other current assets (13,869)   (5,007) (347)  
Total current assets (936,953)   (928,168) (835,749)  
Property and equipment (net) 0   0 0  
Investment In Park (3,572,176)   (3,782,984) (3,317,724)  
Goodwill 0   0 0  
Other intangibles, net 0   0 0  
Deferred tax asset (18,310)   (18,224) (7,150)  
Right-of-Use Asset 0        
Other Assets 0   0 0  
Total Assets (4,527,439)   (4,729,376) (4,160,623)  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable (923,084)   (923,161) (835,402)  
Deferred revenue 0   0 0  
Accrued interest 0   0 0  
Accrued taxes (13,869)   (5,007) (347)  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 0   0 0  
Other accrued liabilities 0   0 0  
Total current liabilities (936,953)   (928,168) (835,749)  
Deferred Tax Liability (18,310)   (18,224) (7,150)  
Derivative Liability 0   0 0  
Lease Liability 0        
Other Liabilities 0   0 0  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 0   0 0  
Total long-term debt 0   0 0  
Equity (3,572,176)   (3,782,984) (3,317,724)  
Total Liabilities and Partners' Equity (4,527,439)   (4,729,376) (4,160,623)  
April 2017 Notes [Member] | Co-Issuer Subsidiary (Magnum) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]          
Current Assets:          
Cash and cash equivalents 0   0 0  
Receivables 1,765   1,093 1,232  
Inventories 0   0 0  
Other current assets 7,158   1,411 1,922  
Total current assets 8,923   2,504 3,154  
Property and equipment (net) 794   802 827  
Investment In Park 1,076,487   1,182,345 967,791  
Goodwill 0   0 0  
Other intangibles, net 0   0 0  
Deferred tax asset 18,310   18,224 7,150  
Right-of-Use Asset 0        
Other Assets 0   0 0  
Total Assets 1,104,514   1,203,875 978,922  
Current Liabilities:          
Current maturities of long-term debt 1,313   984    
Accounts payable 331,881   359,953 302,858  
Deferred revenue 500   0 0  
Accrued interest 2   1 143  
Accrued taxes 0   6,668 0  
Accrued salaries, wages and benefits 13,087   17,552 13,777  
Self-insurance reserves 9,602   10,214 10,438  
Other accrued liabilities 4,297   4,903 5,249  
Total current liabilities 360,682   400,275 332,465  
Deferred Tax Liability 0   0 0  
Derivative Liability 11,184   5,796 1,092  
Lease Liability 0        
Other Liabilities 547   1,169 705  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 126,250   126,525 127,350  
Notes 0   0 0  
Total long-term debt 126,250   126,525 127,350  
Equity 605,851   670,110 517,310  
Total Liabilities and Partners' Equity 1,104,514   1,203,875 978,922  
April 2017 Notes [Member] | Co-Issuer Subsidiary (Cedar Canada) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]          
Current Assets:          
Cash and cash equivalents 24,305   73,326 25,073  
Receivables 33,390   34,497 74,787  
Inventories 2,553   2,135 2,493  
Other current assets 10,382   5,462 2,459  
Total current assets 70,630   115,420 104,812  
Property and equipment (net) 182,520   172,344 180,303  
Investment In Park 257,859   262,462 234,220  
Goodwill 59,660   58,440 62,012  
Other intangibles, net 13,302   13,030 13,834  
Deferred tax asset 0   0 0  
Right-of-Use Asset 31        
Other Assets 37   36 39  
Total Assets 584,039   621,732 595,220  
Current Liabilities:          
Current maturities of long-term debt 0   0    
Accounts payable 2,779   2,430 1,806  
Deferred revenue 11,009   8,460 8,033  
Accrued interest 8,033   2,054 7,634  
Accrued taxes 0   0 463  
Accrued salaries, wages and benefits 909   1,234 736  
Self-insurance reserves 1,441   1,433 1,543  
Other accrued liabilities 148   136 268  
Total current liabilities 24,319   15,747 20,483  
Deferred Tax Liability 13,312   12,425 12,664  
Derivative Liability 0   0 0  
Lease Liability 20        
Other Liabilities 0   0 0  
Long-Term Debt:          
Revolving credit loans 0     0  
Term debt 0   0 0  
Notes 446,339   446,241 445,458  
Total long-term debt 446,339   446,241 445,458  
Equity 100,049   147,319 116,615  
Total Liabilities and Partners' Equity 584,039   621,732 595,220  
April 2017 Notes [Member] | Co-Issuer Subsidiary (Millennium) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]          
Current Assets:          
Cash and cash equivalents 36,256   30,663 22,114  
Receivables 32,871   36,242 23,005  
Inventories 32,774   23,402 30,661  
Other current assets 28,086   8,980 28,669  
Total current assets 129,987   99,287 104,449  
Property and equipment (net) 0   0 0  
Investment In Park 1,559,883   1,517,897 1,426,366  
Goodwill 8,388   8,388 8,388  
Other intangibles, net 0   0 0  
Deferred tax asset 0   0 0  
Right-of-Use Asset 3,479        
Other Assets 1,976   417 399  
Total Assets 1,703,713   1,625,989 1,539,602  
Current Liabilities:          
Current maturities of long-term debt 6,187   4,641    
Accounts payable 33,811   14,995 30,271  
Deferred revenue 109,806   74,062 89,492  
Accrued interest 12,847   5,871 13,127  
Accrued taxes 8,231   8,087 7,782  
Accrued salaries, wages and benefits 0   0 0  
Self-insurance reserves 10,640   10,308 10,475  
Other accrued liabilities 4,236   5,471 5,054  
Total current liabilities 185,758   123,435 156,201  
Deferred Tax Liability 0   0 0  
Derivative Liability 0   0 0  
Lease Liability 1,769        
Other Liabilities 87   87 120  
Long-Term Debt:          
Revolving credit loans 120,000     40,000  
Term debt 591,918   592,982 596,175  
Notes 492,068   491,820 491,799  
Total long-term debt 1,203,986   1,084,802 1,127,974  
Equity 312,113   417,665 255,307  
Total Liabilities and Partners' Equity $ 1,703,713   $ 1,625,989 $ 1,539,602