v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 82,237 $ 110,144
Restricted cash 32,380 2,455
Accounts receivable and contract assets, net of allowance for credit losses of $240 and $238, respectively 86,928 49,991
Other current assets 15,536 16,556
Total current assets 217,081 179,146
Property and equipment, at cost (note 3) 1,269,553 1,161,803
Accumulated depreciation (392,000) (354,318)
Property and equipment, net 877,553 807,485
Investments in affiliates, accounted for using the equity method (note 4) 121,173 108,786
Intangible assets not subject to amortization:    
Goodwill 175,764 175,764
Franchise rights 123,703 123,703
Intangible assets, Total 299,467 299,467
Other assets, net 156,192 128,962
Total assets 1,671,466 1,523,846
Current liabilities:    
Accounts payable and accrued liabilities 65,505 63,711
Deferred revenue and refundable tickets 73,186 111,851
Current portion of debt (note 5) 104,833 104,193
Other current liabilities 6,180 6,905
Total current liabilities 249,704 286,660
Long-term debt (note 5) 655,088 512,927
Finance lease liabilities 101,881 103,845
Deferred income tax liabilities 54,559 43,516
Pension liability 2,076 6,558
Other noncurrent liabilities 35,699 34,116
Total liabilities 1,099,007 987,622
Equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; zero shares issued at June 30, 2025 and December 31, 2024
Additional paid-in capital 1,130,565 1,112,551
Accumulated other comprehensive earnings (loss), net of taxes (3,339) (3,352)
Retained earnings (deficit) (567,563) (585,644)
Total shareholders' equity 560,290 524,179
Noncontrolling interests in equity of subsidiaries 12,169 12,045
Total equity 572,459 536,224
Commitments and contingencies (note 7)
Total liabilities and equity 1,671,466 1,523,846
Series A common stock    
Equity:    
Common stock value 103 103
Series B common stock    
Equity:    
Common stock value 10 10
Series C common stock    
Equity:    
Common stock value $ 514 $ 511