$PRKS
United Parks & Resorts Inc.

2023 Q3 Form 10-Q Financial Statement

#000095017023040134 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $548.2M $496.0M
YoY Change -3.0% -1.74%
Cost Of Revenue $246.2M $233.9M
YoY Change -4.31% 0.83%
Gross Profit $302.0M $262.1M
YoY Change -1.92% -3.93%
Gross Profit Margin 55.08% 52.84%
Selling, General & Admin $59.71M $68.17M
YoY Change 12.48% 21.38%
% of Gross Profit 19.77% 26.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $39.20M $37.83M
YoY Change 5.33% -1.87%
% of Gross Profit 12.98% 14.43%
Operating Expenses $59.71M $106.0M
YoY Change 12.48% 88.75%
Operating Profit $203.3M $156.1M
YoY Change -6.6% -12.31%
Interest Expense $37.05M -$36.95M
YoY Change 21.26% -237.84%
% of Operating Profit 18.23% -23.67%
Other Income/Expense, Net $21.00K $5.000K
YoY Change -68.18% -84.38%
Pretax Income $166.2M $118.5M
YoY Change -11.17% -21.65%
Income Tax $42.69M $31.43M
% Of Pretax Income 25.68% 26.53%
Net Earnings $123.6M $87.06M
YoY Change -8.18% -25.35%
Net Earnings / Revenue 22.54% 17.55%
Basic Earnings Per Share $1.93 $1.36
Diluted Earnings Per Share $1.92 $1.35
COMMON SHARES
Basic Shares Outstanding 63.97M 63.89M
Diluted Shares Outstanding 64.32M 64.35M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $215.2M $146.7M
YoY Change 96.4% -8.76%
Cash & Equivalents $215.2M $146.7M
Short-Term Investments
Other Short-Term Assets $25.90M $34.57M
YoY Change -9.03% 20.53%
Inventory $54.62M $60.08M
Prepaid Expenses
Receivables $80.10M $87.53M
Other Receivables $0.00 $0.00
Total Short-Term Assets $375.8M $328.9M
YoY Change 36.16% -0.37%
LONG-TERM ASSETS
Property, Plant & Equipment $1.808B $1.910B
YoY Change 7.05% 14.34%
Goodwill $66.28M $66.28M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.15M $43.45M
YoY Change 56.66% 150.01%
Total Long-Term Assets $2.200B $2.176B
YoY Change 5.78% 5.32%
TOTAL ASSETS
Total Short-Term Assets $375.8M $328.9M
Total Long-Term Assets $2.200B $2.176B
Total Assets $2.576B $2.505B
YoY Change 9.34% 4.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.7M $186.0M
YoY Change -5.6% 8.0%
Accrued Expenses $58.89M $74.60M
YoY Change 2.02% 26.18%
Deferred Revenue $161.1M $222.7M
YoY Change -11.62% -5.47%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $12.00M $12.00M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $406.5M $505.8M
YoY Change -5.44% 1.49%
LONG-TERM LIABILITIES
Long-Term Debt $2.095B $2.096B
YoY Change -0.29% -0.28%
Other Long-Term Liabilities $56.03M $163.6M
YoY Change 24.66% 294.85%
Total Long-Term Liabilities $2.151B $2.260B
YoY Change 0.24% 5.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $406.5M $505.8M
Total Long-Term Liabilities $2.151B $2.260B
Total Liabilities $2.828B $2.883B
YoY Change 1.88% 3.03%
SHAREHOLDERS EQUITY
Retained Earnings $370.0M $246.5M
YoY Change 191.62% -3316.22%
Common Stock $720.1M $714.6M
YoY Change 1.86% 1.82%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.343B $1.339B
YoY Change 7.05% 22.18%
Treasury Stock Shares
Shareholders Equity -$252.4M -$377.5M
YoY Change
Total Liabilities & Shareholders Equity $2.576B $2.505B
YoY Change 9.34% 4.53%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $123.6M $87.06M
YoY Change -8.18% -25.35%
Depreciation, Depletion And Amortization $39.20M $37.83M
YoY Change 5.33% -1.87%
Cash From Operating Activities $163.6M $184.6M
YoY Change -3.33% -19.33%
INVESTING ACTIVITIES
Capital Expenditures $88.60M $75.83M
YoY Change -278.34% -215.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$88.60M -$75.83M
YoY Change 78.34% 15.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.400M -16.79M
YoY Change -96.13% -95.61%
NET CHANGE
Cash From Operating Activities 163.6M 184.6M
Cash From Investing Activities -88.60M -75.83M
Cash From Financing Activities -6.400M -16.79M
Net Change In Cash 68.60M 91.99M
YoY Change -249.76% -141.94%
FREE CASH FLOW
Cash From Operating Activities $163.6M $184.6M
Capital Expenditures $88.60M $75.83M
Free Cash Flow $75.00M $108.8M
YoY Change -65.74% -63.1%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001564902
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2023Q2 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
CY2022Q4 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
true
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-35883
dei Entity Registrant Name
EntityRegistrantName
SeaWorld Entertainment, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-1220297
dei Entity Address Address Line1
EntityAddressAddressLine1
6240 Sea Harbor Drive
dei Entity Address City Or Town
EntityAddressCityOrTown
Orlando
dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32821
dei City Area Code
CityAreaCode
407
dei Local Phone Number
LocalPhoneNumber
226-5011
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
SEAS
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
63971380
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
146746000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
79196000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
87526000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
71050000
CY2023Q2 us-gaap Inventory Net
InventoryNet
60079000
CY2022Q4 us-gaap Inventory Net
InventoryNet
55190000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
34569000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
28260000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
328920000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
233696000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3703144000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3576092000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1922198000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1869413000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1780946000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1706679000
CY2023Q2 us-gaap Goodwill
Goodwill
66278000
CY2022Q4 us-gaap Goodwill
Goodwill
66278000
CY2023Q2 seas Definite And Indefinite Lived Trade Names And Trademarks Net
DefiniteAndIndefiniteLivedTradeNamesAndTrademarksNet
157000000
CY2022Q4 seas Definite And Indefinite Lived Trade Names And Trademarks Net
DefiniteAndIndefiniteLivedTradeNamesAndTrademarksNet
157000000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
128638000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
130479000
CY2023Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
15458000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
12332000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
27989000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19323000
CY2023Q2 us-gaap Assets
Assets
2505229000
CY2022Q4 us-gaap Assets
Assets
2325787000
CY2023Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
186048000
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
159947000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3379000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3387000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19798000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17423000
CY2023Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
222654000
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
169535000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
61964000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46914000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
505843000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
409206000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2096137000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2099059000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
113760000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
115396000
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
117149000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
96627000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
49852000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
43163000
CY2023Q2 us-gaap Liabilities
Liabilities
2882741000
CY2022Q4 us-gaap Liabilities
Liabilities
2763451000
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
178011000
us-gaap Operating Income Loss
OperatingIncomeLoss
167210000
us-gaap Operating Income Loss
OperatingIncomeLoss
188038000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
96582649
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
96287771
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
966000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
963000
CY2023Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
713659000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
710151000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
246491000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
175903000
CY2023Q2 seas Treasury Stock Preferred And Common Stock
TreasuryStockPreferredAndCommonStock
32611539
CY2022Q4 seas Treasury Stock Preferred And Common Stock
TreasuryStockPreferredAndCommonStock
32376539
CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1338628000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1324681000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-377512000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-437664000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2505229000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2325787000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
496029000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
504817000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
789375000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
775510000
CY2023Q2 seas Cost Of Food Merchandise And Other Revenues
CostOfFoodMerchandiseAndOtherRevenues
38210000
CY2022Q2 seas Cost Of Food Merchandise And Other Revenues
CostOfFoodMerchandiseAndOtherRevenues
41518000
seas Cost Of Food Merchandise And Other Revenues
CostOfFoodMerchandiseAndOtherRevenues
61431000
seas Cost Of Food Merchandise And Other Revenues
CostOfFoodMerchandiseAndOtherRevenues
64558000
CY2023Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
195728000
CY2022Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
190496000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
368402000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
343421000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
68166000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56158000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
116447000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
102217000
CY2023Q2 seas Severance And Other Separation Costs Incurred
SeveranceAndOtherSeparationCostsIncurred
656000
CY2022Q2 seas Severance And Other Separation Costs Incurred
SeveranceAndOtherSeparationCostsIncurred
83000
seas Severance And Other Separation Costs Incurred
SeveranceAndOtherSeparationCostsIncurred
660000
seas Severance And Other Separation Costs Incurred
SeveranceAndOtherSeparationCostsIncurred
113000
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
37831000
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
38551000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
75225000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
77163000
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
340591000
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
326806000
us-gaap Costs And Expenses
CostsAndExpenses
622165000
us-gaap Costs And Expenses
CostsAndExpenses
587472000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
155438000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-41000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
44000
CY2023Q2 us-gaap Interest Expense
InterestExpense
36954000
CY2022Q2 us-gaap Interest Expense
InterestExpense
26810000
us-gaap Interest Expense
InterestExpense
73355000
us-gaap Interest Expense
InterestExpense
52180000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
118489000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
151233000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
93814000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
135902000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31434000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34623000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23226000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28279000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
87055000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
116610000
us-gaap Net Income Loss
NetIncomeLoss
70588000
us-gaap Net Income Loss
NetIncomeLoss
107623000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.46
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63932000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71686000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63955000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73623000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64352000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72168000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64479000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74449000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-437664000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4482000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
5569000
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
565000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-16467000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-454653000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3725000
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
771000
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1079000
CY2023Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
235000
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
13947000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
87055000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-377512000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-33916000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6982000
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7738000
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1127000
CY2022Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1535427
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
109905000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-8987000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-152437000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2549000
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14329000
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
808000
CY2022Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6341755
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
354652000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
116610000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-401451000
us-gaap Profit Loss
ProfitLoss
70588000
us-gaap Profit Loss
ProfitLoss
107623000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
75225000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
77163000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3078000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3130000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
17397000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26530000
us-gaap Share Based Compensation
ShareBasedCompensation
8207000
us-gaap Share Based Compensation
ShareBasedCompensation
9531000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
13425000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
8539000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
22415000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9690000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4881000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
27126000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5372000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10101000
seas Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Other Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingOtherAccruedLiabilities
13925000
seas Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Other Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingOtherAccruedLiabilities
34902000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2375000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-5737000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
58256000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
80778000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
12562000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
4699000
seas Increase Decrease Right Of Use Assets And Operating Lease Obligations
IncreaseDecreaseRightOfUseAssetsAndOperatingLeaseObligations
197000
seas Increase Decrease Right Of Use Assets And Operating Lease Obligations
IncreaseDecreaseRightOfUseAssetsAndOperatingLeaseObligations
354000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
7666000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
961000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
234901000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
299634000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
145587000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
101048000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-145587000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101048000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
20000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13947000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
454801000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6340000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
22067000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1644000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1935000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
469000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-245000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-371000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-24888000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-481773000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
64426000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-283187000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82320000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
444486000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146746000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
161299000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
53080000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25599000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1770000
seas Treasury Stock Purchases Not Yet Settled In Other Accrued Liabilities
TreasuryStockPurchasesNotYetSettledInOtherAccruedLiabilities
9756000
CY2023Q2 seas Number Of Theme Parks
NumberOfThemeParks
12
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63955000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.1
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
107623000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73623000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.46
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:4.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions include, but are not limited to, the accounting for self-insurance reserves, income taxes, revenue recognition and reviews for potential impairment of long-lived assets. Estimates are based on various factors including current and historical trends, as well as other pertinent company and industry data. The Company regularly evaluates this information to determine if it is necessary to update the basis for its estimates and to adjust for known changes. Actual results could differ from those estimates.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2023Q2 seas Number Of Theme Parks
NumberOfThemeParks
12
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
146746000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
79196000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3124000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146746000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82320000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70588000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
237593000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
183772000
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
14939000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
14237000
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
222654000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
169535000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
129300000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
87055000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63932000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
116610000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71686000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
420000
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
482000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
87055000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64352000
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
116610000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72168000
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
524000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
826000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
70588000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64479000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
107623000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74449000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
452000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
390000
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
269000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
204000
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.248
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.229
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q2 seas Percentage Of Corporate Alternative Minimum Tax
PercentageOfCorporateAlternativeMinimumTax
0.15
CY2023Q2 seas Percentage Of Excise Tax On Stock Repurchases
PercentageOfExciseTaxOnStockRepurchases
0.01
CY2023Q2 us-gaap Interest Payable Current
InterestPayableCurrent
17915000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
18483000
CY2023Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
12696000
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
3284000
CY2023Q2 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
10537000
CY2022Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
8608000
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20816000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16539000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
61964000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46914000
CY2023Q2 seas Contractual Obligations From Temporary Covid Nineteen Park Closures Included In Other Accrued Liabilities
ContractualObligationsFromTemporaryCovidNineteenParkClosuresIncludedInOtherAccruedLiabilities
14500000
CY2022Q4 seas Contractual Obligations From Temporary Covid Nineteen Park Closures Included In Other Accrued Liabilities
ContractualObligationsFromTemporaryCovidNineteenParkClosuresIncludedInOtherAccruedLiabilities
10900000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2131500000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2137500000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
23363000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
26441000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2096137000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2099059000
CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
18400000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
6000000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
12000000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
239500000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
12000000
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
12000000
CY2023Q2 seas Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
1850000000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2131500000
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2096000000.000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2099000000.000
seas Number Of Shares At Issue In Legal Matter
NumberOfSharesAtIssueInLegalMatter
300000
seas License Agreement Term Description
LicenseAgreementTermDescription
Pursuant to the License Agreement with Sesame Workshop, the Company pays a specified annual license fee, as well as a specified royalty based on revenues earned in connection with sales of licensed products, all food and beverage items utilizing the licensed elements and any events utilizing such elements if a separate fee is paid for such event. The Company’s principal commitments pursuant to the License Agreement include, among other items, the opening of a second standalone park (“Standalone Park”) (the Company opened the Standalone Park in San Diego on March 26, 2022) and minimum annual capital and marketing thresholds. After the opening of the second Standalone Park (counting the existing Sesame Place Standalone Park in Langhorne, Pennsylvania), SEA has the option to build additional Standalone Parks in the Sesame Territory within agreed upon timelines. The License Agreement has an initial term through December 31, 2031, with an automatic additional 15-year extension plus a five-year option added to the term of the License Agreement from December 31st of the year of each new Standalone Park opening. As of June 30, 2023, the Company estimates the combined remaining liabilities and obligations for the License Agreement commitments could be up to approximately $25.0 million over the remaining term of the agreement. See further discussion concerning royalty payments for the year 2021 in the "Sesame Workshop Arbitration" section above.
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
3725000
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2549000
us-gaap Share Based Compensation
ShareBasedCompensation
8207000
us-gaap Share Based Compensation
ShareBasedCompensation
9531000
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
32611539
ecd Trd Arr Adoption Date
TrdArrAdoptionDate
June 12, 2023
ecd Trd Arr Ind Name
TrdArrIndName
Kyle R. Miller
ecd Trd Arr Ind Title
TrdArrIndTitle
Chief Park Operations Officer
CY2023Q2 ecd Trd Arr Securities Agg Avail Amt
TrdArrSecuritiesAggAvailAmt
12000

Files In Submission

Name View Source Status
0000950170-23-040134-index-headers.html Edgar Link pending
0000950170-23-040134-index.html Edgar Link pending
0000950170-23-040134.txt Edgar Link pending
0000950170-23-040134-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
seas-20230630.htm Edgar Link pending
seas-20230630.xsd Edgar Link pending
seas-ex10_1.htm Edgar Link pending
seas-ex10_2.htm Edgar Link pending
seas-ex10_3.htm Edgar Link pending
seas-ex31_1.htm Edgar Link pending
seas-20230630_def.xml Edgar Link unprocessable
seas-20230630_lab.xml Edgar Link unprocessable
seas-20230630_pre.xml Edgar Link unprocessable
seas-20230630_htm.xml Edgar Link completed
seas-ex31_2.htm Edgar Link pending
seas-ex32_1.htm Edgar Link pending
seas-ex32_2.htm Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
seas-20230630_cal.xml Edgar Link unprocessable