SeaWorld Entertainment, Inc. SEAS Income Statement

Seaworld entertainment, inc. (SEAS)

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
Net revenues:
Total revenues
153,561	298,011	473,666	405,992	220,575	280,028	483,175	391,921	217,166	265,505	437,712	373,750	186,357	267,597	485,318	371,136	220,241	267,857	496,939	391,616	214,592	264,537	495,834	405,151	212,290	271,959	538,389	411,292	238,610	263,173	522,255	425,882	212,442
Costs and expenses:
Cost of food, merchandise and other revenues
13,104	21,891	37,843	32,006	17,213	21,592	36,062	31,899	17,051	20,382	31,988	29,061	14,483	18,875	35,854	28,913	17,001	20,006	36,959	31,112	15,903	20,394	38,219	33,651	16,760	20,968	40,422	32,974	19,828	19,450	43,450	36,959	18,700
Operating expenses (exclusive of depreciation and amortization shown separately below)
132,999	153,740	175,634	170,398	149,885	161,600	198,781	190,100	155,473	160,716	194,802	189,269	157,324	166,362	198,754	191,433	180,293	166,801	196,931	191,202	153,811	169,666	200,891	189,190	167,912	172,763	202,625	194,674	173,260	170,437	191,399	205,370	163,376
Selling, general and administrative expenses
26,954	87,100	64,632	67,205	42,764	43,648	51,549	71,003	63,524	52,496	54,770	69,152	52,418	42,023	57,148	72,032	67,354	41,990	47,684	73,320	51,078	36,487	49,242	58,564	45,076	37,717	47,426	62,168	39,987	34,349	58,807	49,028	42,736
Goodwill impairment charge
-	-	-	-	-	-	-	-	-	-	-	269,332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Severance and other separation costs
65	-	-	-	2,566	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other separation costs
-	-	1,200	100	-	-	3,866	3,691	8,835	-	5,100	-	-	8,904	0	0	112	2,001	0	122	145	-	1,196	-	-	-	-	-	-	-	-	-	-
Secondary offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	73	674	-	-	-	-	-	-	-	-
Termination of advisory agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,072	-	-	-	-	-
Depreciation and amortization
38,013	40,232	40,822	40,053	39,450	41,320	41,187	40,018	38,430	42,697	42,230	39,500	38,867	42,972	40,921	40,708	75,048	44,034	44,505	50,110	43,854	47,542	44,371	43,086	41,276	41,932	42,322	40,424	41,408	44,890	44,737	41,439	35,909
Total costs and expenses
211,135	303,300	320,138	309,728	251,878	269,154	331,445	336,711	283,313	276,391	328,890	596,314	263,092	279,136	332,677	333,086	339,808	274,832	326,079	345,866	264,791	287,034	333,919	324,564	271,698	274,787	332,795	380,312	274,483	269,126	338,393	332,796	260,721
Operating loss
-57,574	-5,289	153,528	96,264	-31,303	10,874	151,730	55,210	-66,147	-10,886	108,822	-222,564	-76,735	-11,539	152,641	38,050	-119,567	-6,975	170,860	45,750	-50,199	-22,497	161,915	80,587	-59,408	-2,828	205,594	30,980	-35,873	-5,953	183,862	93,086	-48,279
Other (income) expense, net
12	-156	86	79	-27	62	59	42	-63	4	108	-83	86	-77	-72	-118	142	382	-41	-209	-261	114	56	45	-17	48	13	107	73	-547	237	733	1,140
Interest expense
19,153	20,115	21,463	21,803	20,797	20,940	19,500	20,561	19,913	20,128	20,160	19,452	18,261	18,364	15,137	14,579	14,581	14,642	15,019	15,732	20,178	20,456	20,857	20,526	19,704	18,879	20,211	22,926	28,606	24,302	29,545	28,909	27,809
Loss on early extinguishment of debt and write-off of discounts and debt issuance costs
-	-	-	-	-	-	-	-	-	0	0	123	8,020	-	-	-	-	-	-	20,348	-	-	-461	-	-	-	-	-32,429	-	-	-	-	-
Loss before income taxes
-76,715	-25,560	132,151	74,540	-52,127	-18,154	132,289	34,691	-86,123	-31,010	88,770	-242,222	-102,930	-29,980	137,432	23,353	-134,006	-21,792	155,800	9,461	-70,638	-42,839	140,653	60,106	-79,129	-19,088	185,396	-24,268	-64,406	-32,855	154,554	64,910	-74,948
Benefit from income taxes
-20,196	-1,377	34,123	21,889	-15,107	-7,101	36,301	11,994	-23,279	-10,569	33,736	-66,372	-41,801	-18,075	71,777	5,585	-49,957	-10,764	57,850	3,652	-27,040	-17,393	53,477	22,700	-29,912	-6,482	64,656	-8,414	-24,046	-20,833	62,297	25,790	-29,814
Net loss
-56,519	-24,183	98,028	52,651	-37,020	-11,053	95,988	22,697	-62,844	-20,441	55,034	-175,850	-61,129	-11,905	65,655	17,768	-84,049	-11,028	97,950	5,809	-43,598	-25,446	87,176	37,406	-49,217	-12,606	120,740	-15,854	-40,360	-12,022	92,257	39,120	-45,134
Other comprehensive loss:
Unrealized income (loss) on derivatives, net of tax
704	713	374	-2,866	-2,064	-2,662	1,149	2,476	7,491	4,914	2,006	-706	2,404	11,675	1,489	-4,471	-9,250	2,706	-10,740	-3,747	-873	-501	1,087	-872	-208	-188	-1,127	2,286	294	-	-1,172	-	-
Comprehensive loss
-55,815	-23,470	98,402	49,785	-39,084	-13,715	97,137	25,173	-55,353	-15,527	57,040	-176,556	-58,725	-230	67,144	13,297	-93,299	-8,322	87,210	2,062	-44,471	-25,947	88,263	36,534	-49,425	-12,794	119,613	-13,568	-40,066	-12,104	91,085	39,120	-45,134
Loss per share:
Net loss per share, basic
-0.72	-0.35	1.25	0.65	-0.44	-0.12	1.11	0.26	-0.73	-0.23	0.64	-2.05	-0.72	-0.13	0.77	0.21	-1.00	-0.13	1.14	0.07	-0.51	-0.31	1.01	0.43	-0.56	-0.09	1.35	-0.18	-0.49	-0.14	1.12	0.47	-0.55
Net loss per share, diluted
-0.72	-0.34	1.24	0.64	-0.44	-0.11	1.10	0.26	-0.73	-0.23	0.64	-2.05	-0.72	-0.13	0.77	0.21	-1.00	-0.13	1.14	0.07	-0.51	-0.30	1.00	0.43	-0.56	-0.08	1.34	-0.18	-0.49	-0.14	1.11	0.47	-0.55
Weighted average common shares outstanding:
Basic
78,213	78,198	78,164	81,520	83,354	85,456	86,616	86,399	86,209	86,114	86,012	85,745	85,373	85,360	85,290	85,226	83,824	85,151	86,006	86,186	86,097	86,725	86,715	86,877	88,415	89,548	89,610	88,222	82,768	82,588	82,461	82,448	82,423
Diluted
78,213	79,851	78,804	82,167	83,354	87,004	87,542	86,885	86,209	85,842	86,284	85,745	85,373	85,071	85,447	85,358	83,824	85,436	86,100	86,291	86,097	87,292	87,024	87,189	88,415	91,412	90,206	88,222	82,768	85,171	83,374	83,240	82,423
Cash dividends declared per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.21	0.42	-	0.21	0.21	0.42	-	0.21	0.21	0.20	-	0.20	0.20	-	-	-	-	-
Admissions [Member]
Total revenues
90,506	178,045	268,048	227,828	128,913	163,111	279,873	225,806	130,003	160,065	264,967	224,951	115,089	162,283	294,605	223,979	136,926	167,005	304,626	238,451	136,840	166,282	306,495	249,263	137,386	173,406	340,183	255,001	152,426	168,565	323,529	259,058	133,255
Food, Merchandise and Other [Member]
Total revenues
63,055	119,966	205,618	178,164	91,662	116,917	203,302	166,115	87,163	105,440	172,745	148,799	71,268	105,314	190,713	147,157	83,315	100,852	192,313	153,165	77,752	98,255	189,339	155,888	74,904	98,553	198,206	156,291	86,184	94,608	198,726	166,824	79,187