RYMAN HOSPITALITY PROPERTIES, INC. RHP Income Statement

Ryman hospitality properties, inc. (RHP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Revenues:
Total revenues
313,030	446,285	379,787	407,719	370,775	360,565	292,249	333,934	288,370	345,175	264,724	298,778	276,042	319,775	271,720	296,215	261,497	312,120	252,820	274,036	253,148	291,612	245,015	257,913	246,451	266,070	221,196	245,183	222,113	266,321	228,129	253,229	238,915	269,399	225,232	236,775	220,738	213,329	158,272	183,879	214,481
Operating expenses:
Total hotel operating expenses
212,085	276,751	225,696	227,705	227,023	221,724	177,776	187,821	183,918	213,056	167,231	176,358	176,954	204,146	170,900	175,130	172,263	204,387	164,465	165,491	164,950	196,410	164,390	160,736	166,673	183,897	151,260	159,277	159,372	186,837	153,899	160,277	157,476	-	-	-	-	-	-	-	-
Selling, general and administrative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42,704	43,048	43,078	44,331	35,648	36,288	41,902
Corporate
8,136	9,764	9,404	8,110	9,004	7,652	7,212	7,640	8,329	8,601	7,909	7,468	7,409	4,568	8,447	6,897	6,971	7,530	8,017	6,273	7,094	7,866	6,952	6,048	6,707	7,291	5,699	6,636	6,666	9,393	11,217	13,260	13,006	-	-	-	-	-	-	-	-
REIT conversion costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	807	971	5,420	14,992	44,165	51,371	3,375	3,053	-	-	-	-	-	-	-	-
Casualty loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21	26	17	32	139	173	372	174	595	162	469	-1	-	6,014	31,347	-
Preopening costs
801	848	164	-24	2,134	897	300	1,525	2,147	339	877	494	216	-	-	-	-	0	118	199	592	-	-	-	-	-	-	-	-	0	1	8	331	-	345	41	-	-	25,474	6,240	-
Gain on sale of assets
1,261	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit loss on held-to-maturity securities
5,828	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
53,345	53,287	53,998	53,553	53,009	31,221	30,994	29,995	28,666	28,097	28,546	27,679	27,637	27,928	26,706	26,409	28,773	28,916	28,498	28,399	28,570	28,010	28,033	28,232	28,003	27,549	27,916	29,054	32,009	37,302	30,701	30,254	32,434	34,594	32,367	29,271	29,057	27,285	25,254	25,951	27,071
Impairment charges
-	-	-	-	-	-	4,540	-	-	-	-	-	-	-	-	-	-	16,310	0	0	2,890	-	-	-	-	-	110	1,247	-	-	0	0	-	-	-	-	-	-	-	-	-
Other-than-temporary impairment loss on held-to-maturity securities:
Total operating expenses
308,280	374,537	323,284	322,403	316,811	309,039	252,149	257,235	242,426	308,387	227,214	234,134	229,067	256,639	225,153	229,270	222,703	275,731	220,052	217,021	217,258	247,873	215,932	210,427	213,654	236,344	201,393	216,280	224,357	290,918	261,578	221,621	217,231	470,172	135,817	132,746	133,878	140,810	98,498	104,746	130,555
Operating income
4,750	71,748	56,503	85,316	53,964	51,526	40,100	76,699	45,944	36,788	37,510	64,644	46,975	63,136	46,567	66,945	38,794	36,389	32,768	57,015	35,890	43,739	29,083	47,486	32,797	29,726	19,803	28,903	-2,244	-24,597	-33,449	31,608	21,684	19,768	13,837	31,200	14,726	-27,630	-32,616	-20,693	14,953
Interest expense
29,358	30,780	35,261	33,492	32,087	19,387	19,220	19,625	16,729	16,411	16,621	17,155	15,864	15,904	15,947	16,016	16,039	16,136	16,138	17,814	13,813	13,170	17,135	15,472	15,670	14,982	15,187	17,424	13,323	14,633	15,136	14,451	14,362	14,412	18,075	21,377	20,809	20,497	20,334	20,480	20,115
Interest income
2,371	3,013	2,878	2,970	2,908	2,272	2,678	2,766	2,753	2,944	2,957	2,969	2,948	2,384	2,965	3,008	3,143	3,001	2,982	3,393	3,008	3,005	3,001	3,038	3,031	3,144	3,020	3,052	3,051	3,051	3,081	3,021	3,154	2,772	3,199	3,316	3,173	3,272	3,344	3,286	3,222
Loss on extinguishment of debt
-	-	-494	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,148	-	-	-4,181	-	-	-	0	-	-	-	-	-	-	0	0	100	1,199
Loss from unconsolidated joint ventures
-1,895	-	-308	-167	-	127,232	-985	1,346	-2,588	-1,786	-899	-943	-774	-708	-638	-1,058	-390	-	-	-	-	-	-	-	-	-	10	-	-	-	0	109	-	0	761	152	173	491	0	190	-73
Other gains and (losses), net
195	-164	1,109	-111	-141	-452	1,881	36	168	-394	1,453	-1,324	-72	236	2,468	-133	-47	7,215	2,467	-339	-20,232	28,008	-282	-4,337	11	-33	2,318	53	-6	-	2,251	0	-	-422	-444	141	-191	-752	377	-147	-13
Income (loss) before income taxes
-23,937	43,182	24,427	54,516	24,644	161,191	24,454	61,222	29,548	21,141	24,400	48,191	33,213	49,144	35,415	52,746	25,461	30,469	22,079	42,255	4,853	61,582	14,667	28,567	20,169	17,845	5,783	14,584	-12,522	-16,179	-43,253	20,287	10,476	7,706	-722	13,432	-2,928	-	-	-	-
Income (loss) before income taxes and discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-49,229	-37,744	-827
Provision for income taxes
26,799	4,732	3,537	8,232	1,974	1,997	1,863	5,676	2,209	-51,177	530	899	593	1,048	1,822	1,415	-885	-8,430	-4,612	866	321	-1,096	-463	576	-484	-12,136	-12,450	-1,784	-66,292	-1,236	-16,581	11,314	4,469	2,651	937	4,799	-967	-12,593	-17,403	-11,697	975
Net income (loss)
-50,736	38,450	20,890	46,284	22,670	159,194	22,591	55,546	27,339	72,318	23,870	47,292	32,620	48,096	33,593	51,331	26,346	38,899	26,691	41,389	4,532	-	15,130	27,991	-	30,162	18,031	16,379	53,780	-14,952	-26,674	8,954	6,028	5,103	-1,606	8,637	-1,957	-32,778	-31,780	-22,720	-1,850
Net loss attributable to noncontrolling interest in consolidated joint venture
-4,220	-	-1,459	-3,099	-6,738	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,233	16,368	53,770	-14,943	-26,672	8,973	6,007	5,055	-1,659	8,633	-1,961	-32,523	-31,826	-26,047	-1,802
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-202	11	10	-9	-2	-19	21	48	53	4	4	-255	46	3,327	-48
Loss on call spread and warrant modifications related to convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,952	-	-	-	4,869	-	-	0	0	-	-	-	-	-	-	-	-	-
Net income (loss) available to common stockholders
-46,516	44,654	22,349	49,383	29,408	159,194	22,591	55,546	27,339	-	-	-	-	-	-	-	-	-	-	-	-	62,213	15,130	23,039	20,653	-	18,031	11,510	-	-	-26,674	8,954	-	-	-	-	-	-	-	-	-
Basic income (loss) per share available to common stockholders:
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.36	0.22	1.03	-0.29	-0.57	0.18	0.12	0.10	-0.03	0.18	-0.04	-0.69	-0.67	-0.55	-0.04
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.07	0.00
Basic income (loss) per share available to common stockholders
-0.85	0.86	0.43	0.96	0.57	3.11	0.44	1.08	0.53	1.41	0.47	0.92	0.64	0.93	0.66	1.01	0.52	0.76	0.52	0.81	0.09	1.22	0.30	0.45	0.41	0.61	0.36	0.22	1.03	-0.29	-0.57	0.18	0.12	0.10	-0.03	0.18	-0.04	-0.70	-0.67	-0.48	-0.04
Fully diluted income (loss) per share available to common stockholders:
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.30	0.18	0.81	-0.28	-0.57	0.17	0.12	0.10	-0.03	0.17	-0.04	-0.69	-0.67	-0.55	-0.04
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.07	0.00
Diluted income (loss) per share available to common stockholders
-0.85	0.86	0.43	0.95	0.57	3.09	0.44	1.08	0.53	1.42	0.46	0.92	0.63	0.94	0.66	1.00	0.51	0.75	0.52	0.80	0.09	1.22	0.25	0.38	0.32	0.52	0.30	0.18	0.81	-0.28	-0.57	0.17	0.12	0.10	-0.03	0.17	-0.04	-0.70	-0.67	-0.48	-0.04
Dividends declared per common share
-	-	0.90	0.90	-	-	0.85	0.85	0.85	-	0.80	0.80	0.80	0.75	0.75	0.75	0.75	0.70	0.70	0.65	0.65	0.55	0.55	0.55	0.55	0.50	0.50	0.50	0.50	-	0.00	0.00	-	-	-	-	-	-	-	-	-
Comprehensive income (loss), net of taxes
-88,173	-	13,297	46,382	22,779	-	26,030	55,630	27,417	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss, net of taxes, attributable to noncontrolling interest
-12,829	-	-3,353	-3,099	-6,738	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss), net of taxes, available to common stockholders
-75,344	-	16,650	49,481	29,517	-	26,030	55,630	27,417	-	25,434	47,326	32,631	-	29,979	51,334	26,391	-	26,364	41,426	4,591	-	15,079	27,944	20,600	-	18,196	24,789	54,942	-	-26,674	8,954	6,028	-	-712	12,150	1,452	-	-	-	-
Rooms [Member]
Total revenues
106,128	145,696	134,950	144,704	132,212	121,880	103,181	121,745	107,564	117,191	100,534	110,674	103,369	110,626	101,085	111,331	96,969	112,368	92,828	104,540	94,721	101,349	92,378	99,376	91,082	91,927	83,804	96,073	85,509	91,922	86,173	99,982	87,534	-	-	-	-	-	-	-	-
Total hotel operating expenses
32,308	36,650	37,116	36,099	34,969	29,510	29,563	30,059	28,928	28,674	27,575	28,359	28,028	27,126	28,371	28,140	25,981	29,851	27,347	26,802	26,067	29,086	28,397	26,903	27,478	25,151	26,369	26,564	25,087	24,202	24,933	24,797	22,968	-	-	-	-	-	-	-	-
Food and Beverage [Member]
Total revenues
145,750	161,424	155,173	173,030	171,143	127,355	118,496	141,053	132,939	124,898	104,437	128,441	126,169	114,943	113,100	127,217	122,233	115,226	108,558	119,042	118,331	106,295	104,175	109,959	117,244	118,035	88,193	99,309	98,188	102,087	89,865	101,224	108,076	-	-	-	-	-	-	-	-
Total hotel operating expenses
83,811	92,227	88,584	90,680	91,359	71,229	67,305	72,394	71,978	69,733	62,649	68,285	69,157	66,262	64,790	67,998	68,257	67,919	63,797	64,789	65,075	63,610	60,508	61,058	63,182	59,579	55,920	60,406	61,248	63,690	56,791	60,644	61,614	-	-	-	-	-	-	-	-
Hotel, Other [Member]
Total revenues
33,793	91,430	38,134	39,395	34,155	72,561	27,563	28,958	24,608	70,454	24,619	24,258	24,616	66,535	26,834	23,781	24,989	59,878	23,456	22,253	23,402	62,287	22,549	23,595	23,877	36,831	27,307	27,449	25,884	54,996	31,903	31,841	30,438	-	-	-	-	-	-	-	-
Total hotel operating expenses
90,474	136,809	91,608	90,527	90,939	112,564	74,350	76,733	75,882	107,210	72,299	73,536	74,238	103,810	73,331	73,491	72,688	102,476	70,108	70,109	70,296	99,048	71,863	68,823	72,102	94,961	65,718	68,583	69,568	94,738	72,175	74,836	72,894	-	-	-	-	-	-	-	-
Entertainment [Member]
Total revenues
27,359	47,735	51,530	50,590	33,265	38,769	43,009	42,178	23,259	32,632	35,134	35,405	21,888	27,671	30,701	33,886	17,306	24,648	27,978	28,201	16,694	21,681	25,913	24,983	14,248	19,277	21,892	22,352	12,532	17,316	20,188	20,182	12,867	-	-	-	-	-	-	-	-
Total hotel operating expenses
29,346	33,887	34,022	33,059	25,641	28,302	31,327	30,254	19,366	22,876	22,651	22,135	16,851	19,997	19,100	20,834	14,696	18,588	18,954	16,659	13,162	15,576	16,557	15,411	12,271	15,202	15,411	14,629	11,286	13,082	14,216	14,075	10,757	-	-	-	-	-	-	-	-
Preopening costs
700	-	-	-	1,400	-	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
3,105	2,709	3,132	2,830	2,479	3,395	2,613	2,315	1,957	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
-5,092	11,139	14,376	14,701	5,145	7,072	9,069	9,609	1,936	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management Fees [Member]
Total hotel operating expenses
5,492	11,065	8,388	10,399	9,756	8,421	6,558	8,635	7,130	7,439	4,708	6,178	5,531	6,948	4,408	5,501	5,337	4,141	3,213	3,791	3,512	4,666	3,622	3,952	3,911	4,206	3,253	3,724	3,469	-	0	0	-	-	-	-	-	-	-	-	-
Bonds B Series [Member]
Credit loss on held-to-maturity securities
5,828	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes Receivable [Member]
Interest income
1,500	-	-	-	2,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-