v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 99,884 $ 110,144
Restricted cash 11,694 2,455
Accounts receivable and contract assets, net of allowance for credit losses of $343 and $238, respectively 33,566 49,991
Other current assets 13,563 16,556
Total current assets 158,707 179,146
Property and equipment, at cost (note 4) 1,266,030 1,161,803
Accumulated depreciation (397,142) (354,318)
Property and equipment, net 868,888 807,485
Investments in affiliates, accounted for using the equity method (note 5) 116,819 108,786
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 171,076 128,962
Total assets 1,614,957 1,523,846
Current liabilities:    
Accounts payable and accrued liabilities 43,473 63,711
Deferred revenue and refundable tickets 109,829 111,851
Current portion of debt (note 6) 215,347 104,193
Other current liabilities 8,394 6,905
Total current liabilities 377,043 286,660
Long-term debt (note 6) 523,284 512,927
Finance lease liabilities (note 7) 98,566 103,845
Deferred income tax liabilities (note 9) 41,282 43,516
Pension liability (note 8) 1,758 6,558
Other noncurrent liabilities 34,842 34,116
Total liabilities 1,076,775 987,622
Equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; zero shares issued at December 31, 2025 and December 31, 2024
Additional paid-in capital 1,137,178 1,112,551
Accumulated other comprehensive earnings (loss), net of taxes (2,743) (3,352)
Retained earnings (deficit) (609,012) (585,644)
Total shareholders' equity 526,050 524,179
Noncontrolling interests in equity of subsidiaries 12,132 12,045
Total equity 538,182 536,224
Commitments and contingencies (note 13)
Total liabilities and equity 1,614,957 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