2019 Q4 Form 10-K Financial Statement

#000156459020007020 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $298.0M $473.7M $406.0M
YoY Change 6.42% -1.97% 3.59%
Cost Of Revenue $172.8M $208.6M $198.4M
YoY Change -5.68% -11.16% -10.63%
Gross Profit $125.2M $265.1M $207.6M
YoY Change 29.34% 6.77% 22.19%
Gross Profit Margin 42.01% 55.97% 51.13%
Selling, General & Admin $57.90M $69.50M $71.20M
YoY Change 32.8% 34.95% 0.28%
% of Gross Profit 46.25% 26.22% 34.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.30M $40.80M $40.00M
YoY Change -2.66% -0.97% 0.0%
% of Gross Profit 32.19% 15.39% 19.27%
Operating Expenses $98.10M $110.3M $111.2M
YoY Change 15.41% 18.99% 0.18%
Operating Profit -$5.289M $153.5M $96.26M
YoY Change -148.64% 1.18% 74.36%
Interest Expense -$20.10M $21.46M -$21.80M
YoY Change -3.83% 10.07% 5.83%
% of Operating Profit 13.98% -22.65%
Other Income/Expense, Net -$200.0K $86.00K $100.0K
YoY Change -300.0% 45.76%
Pretax Income -$25.60M $132.2M $74.50M
YoY Change 40.66% -0.1% 114.7%
Income Tax -$1.400M $34.12M $21.90M
% Of Pretax Income 25.82% 29.4%
Net Earnings -$24.18M $98.03M $52.65M
YoY Change 118.79% 2.13% 131.97%
Net Earnings / Revenue -8.11% 20.7% 12.97%
Basic Earnings Per Share -$0.31 $1.25 $0.65
Diluted Earnings Per Share -$0.31 $1.24 $0.64
COMMON SHARES
Basic Shares Outstanding 78.16M 81.52M
Diluted Shares Outstanding 78.80M 82.17M

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.90M $50.90M $43.60M
YoY Change 17.01% -59.51% 30.15%
Cash & Equivalents $39.95M $50.92M $43.60M
Short-Term Investments
Other Short-Term Assets $8.740M $14.60M $18.20M
YoY Change -3.13% 2.1% 5.2%
Inventory $33.16M $34.80M $43.22M
Prepaid Expenses
Receivables $49.73M $50.80M $63.28M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $169.1M $151.0M $168.3M
YoY Change 15.41% -37.5% 3.2%
LONG-TERM ASSETS
Property, Plant & Equipment $1.733B $1.864B $1.722B
YoY Change 2.45% 10.4% 1.3%
Goodwill $66.28M $66.28M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.65M $31.30M $14.33M
YoY Change -7.35% -26.0% -76.55%
Total Long-Term Assets $2.131B $2.120B $2.128B
YoY Change 8.24% 7.58% 6.37%
TOTAL ASSETS
Total Short-Term Assets $169.1M $151.0M $168.3M
Total Long-Term Assets $2.131B $2.120B $2.128B
Total Assets $2.301B $2.271B $2.296B
YoY Change 8.74% 2.66% 6.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $131.5M $119.3M $133.0M
YoY Change 9.58% 10.77% 1.45%
Accrued Expenses $81.84M $23.91M $20.81M
YoY Change 254.81% -54.19% -56.56%
Deferred Revenue $104.4M $114.5M $163.1M
YoY Change 3.27% 6.03% 3.26%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $65.50M $65.50M $160.5M
YoY Change 43.96% 176.37% 577.22%
Total Short-Term Liabilities $402.7M $343.6M $496.3M
YoY Change 29.61% 14.95% 34.85%
LONG-TERM LIABILITIES
Long-Term Debt $1.483B $1.486B $1.489B
YoY Change -0.8% -0.22% -0.34%
Other Long-Term Liabilities $37.24M $38.17M $38.76M
YoY Change 8.41% 19.66% 22.1%
Total Long-Term Liabilities $1.520B $1.524B $1.528B
YoY Change -0.6% 0.2% 4712.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $402.7M $343.6M $496.3M
Total Long-Term Liabilities $1.520B $1.524B $1.528B
Total Liabilities $2.090B $2.039B $2.165B
YoY Change 12.93% 10.91% 14.3%
SHAREHOLDERS EQUITY
Retained Earnings -$59.48M -$133.3M
YoY Change -60.07% -43.0%
Common Stock $674.8M $672.2M $670.4M
YoY Change 1.51% 2.41%
Preferred Stock
YoY Change
Treasury Stock (at cost) $402.9M $402.9M
YoY Change 59.31% 160.15%
Treasury Stock Shares $15.79M $15.79M $15.79M
Shareholders Equity $210.9M $231.7M $131.5M
YoY Change
Total Liabilities & Shareholders Equity $2.301B $2.271B $2.296B
YoY Change 8.74% 2.66% 6.13%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income -$24.18M $98.03M $52.65M
YoY Change 118.79% 2.13% 131.97%
Depreciation, Depletion And Amortization $40.30M $40.80M $40.00M
YoY Change -2.66% -0.97% 0.0%
Cash From Operating Activities $34.70M $146.3M $129.7M
YoY Change 31.44% 3.98% 21.78%
INVESTING ACTIVITIES
Capital Expenditures -$42.30M -$40.20M -$64.80M
YoY Change 8.74% -7.59% 25.58%
Acquisitions
YoY Change
Other Investing Activities $0.00 $100.0K -$200.0K
YoY Change -50.0% -60.0%
Cash From Investing Activities -$42.30M -$40.10M -$64.90M
YoY Change 9.02% -7.6% 24.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.100M -98.40M -72.80M
YoY Change -94.87% 1993.62% 20.53%
NET CHANGE
Cash From Operating Activities 34.70M 146.3M 129.7M
Cash From Investing Activities -42.30M -40.10M -64.90M
Cash From Financing Activities -4.100M -98.40M -72.80M
Net Change In Cash -11.70M 7.800M -8.000M
YoY Change -87.34% -91.58% 35.59%
FREE CASH FLOW
Cash From Operating Activities $34.70M $146.3M $129.7M
Capital Expenditures -$42.30M -$40.20M -$64.80M
Free Cash Flow $77.00M $186.5M $194.5M
YoY Change 17.92% 1.25% 23.02%

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CY2018 seas Loss On Early Extinguishment Of Debt And Write Off Of Discounts And Debt Issuance Costs
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CY2017 seas Loss On Early Extinguishment Of Debt And Write Off Of Discounts And Debt Issuance Costs
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CY2019 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Comprehensive Income Net Of Tax
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CY2018 us-gaap Comprehensive Income Net Of Tax
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CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2018 seas Adjustments To Previous Dividend Declarations
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CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2019 seas Adjustments To Previous Dividend Declarations
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CY2019 us-gaap Profit Loss
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CY2018 us-gaap Profit Loss
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CY2018 us-gaap Amortization Of Financing Costs And Discounts
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CY2017 us-gaap Amortization Of Financing Costs And Discounts
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CY2019 seas Gain Loss On Impairment Or Disposal Of Assets Net
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CY2018 seas Gain Loss On Impairment Or Disposal Of Assets Net
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CY2017 seas Gain Loss On Impairment Or Disposal Of Assets Net
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CY2018 seas Loss On Early Extinguishment Of Debt And Write Off Of Discounts And Debt Issuance Costs
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CY2017 seas Loss On Early Extinguishment Of Debt And Write Off Of Discounts And Debt Issuance Costs
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2018 us-gaap Deferred Income Tax Expense Benefit
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CY2017 us-gaap Deferred Income Tax Expense Benefit
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CY2018 us-gaap Share Based Compensation
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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CY2017 us-gaap Increase Decrease In Accounts Receivable
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CY2018 us-gaap Increase Decrease In Inventories
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CY2017 us-gaap Increase Decrease In Inventories
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CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2019 seas Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Other Accrued Liabilities
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CY2018 seas Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Other Accrued Liabilities
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CY2018 us-gaap Increase Decrease In Contract With Customer Liability
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CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2019 seas Increase Decrease In Operating Right Of Use Assets And Operating Lease Obligations
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CY2017 us-gaap Increase Decrease In Other Operating Capital Net
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017 us-gaap Proceeds From Issuance Of Debt
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CY2018 us-gaap Repayments Of Long Term Debt
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CY2017 us-gaap Repayments Of Long Term Debt
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CY2019 us-gaap Proceeds From Lines Of Credit
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CY2018 us-gaap Proceeds From Lines Of Credit
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CY2017 us-gaap Proceeds From Lines Of Credit
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CY2019 us-gaap Repayments Of Lines Of Credit
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CY2018 us-gaap Repayments Of Lines Of Credit
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CY2017 us-gaap Repayments Of Lines Of Credit
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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150000000
CY2018 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2019 us-gaap Proceeds From Stock Options Exercised
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3795000
CY2018 us-gaap Proceeds From Stock Options Exercised
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CY2017 us-gaap Proceeds From Stock Options Exercised
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CY2017 us-gaap Payments Of Debt Issuance Costs
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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5918000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
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39538000
CY2019Q4 seas Number Of Theme Parks
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12
CY2009Q4 seas Number Of Limited Partnerships
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10
CY2019 us-gaap Use Of Estimates
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<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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 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, deferred tax assets and liabilities, deferred revenue, equity compensation and the valuation of goodwill and other indefinite-lived intangible assets.  Actual results could differ from those estimates.</p>
CY2019 seas Settlement Terms For Amounts Due From Third Party Credit Card Companies
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less than four days
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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39946000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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34073000
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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40925000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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35007000
CY2019Q4 seas Allowance For Doubtful Accounts Receivable On Installment Arrangements
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12100000
CY2019 seas Contract With Customer Liability Reductions
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12100000
CY2019 us-gaap Interest Costs Capitalized
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4600000
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4200000
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9500000
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2200000
CY2019Q4 us-gaap Self Insurance Reserve
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31700000
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31200000
CY2019 seas Contract With Customer Revenue And Expense Nonmonetary Amount Of Barter Transaction
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16200000
CY2018 seas Contract With Customer Revenue And Expense Nonmonetary Amount Of Barter Transaction
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16600000
CY2019Q4 seas Number Of Theme Parks
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CY2019 us-gaap Number Of Reportable Segments
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2018 us-gaap Earnings Per Share Basic
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CY2019 seas Contract With Customer Short Term Portion Liability Revenue Recognized
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101100000
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CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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735000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
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89476000
CY2019 us-gaap Earnings Per Share Diluted
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CY2018 us-gaap Earnings Per Share Diluted
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CY2017 us-gaap Earnings Per Share Diluted
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CY2017 us-gaap Depreciation
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CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2019Q4 seas Write Off Fully Amortized Intangible Assets
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22800000
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1400000
CY2018 us-gaap Amortization Of Intangible Assets
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2200000
CY2017 us-gaap Amortization Of Intangible Assets
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7488000
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CY2018Q4 us-gaap Other Accrued Liabilities Current
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CY2019Q4 us-gaap Accrued Liabilities Current
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CY2018Q4 us-gaap Accrued Liabilities Current
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32900000
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15505000
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CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2019Q4 us-gaap Debt Instrument Carrying Amount
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CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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2200000
CY2019Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
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CY2018Q4 us-gaap Interest Rate Derivative Assets At Fair Value
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3100000
CY2019 seas Unrealized Gain Loss On Derivatives Recognized In Accumulated Other Comprehensive Income Loss
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CY2018 seas Unrealized Gain Loss On Derivatives Recognized In Accumulated Other Comprehensive Income Loss
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CY2019 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2018 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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CY2019Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
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2200000
CY2019Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0
CY2019Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
2200000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-77000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-99000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-66000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1580000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1113000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1525000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
27000
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7000
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
12000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1530000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1021000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1471000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
21825000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
13019000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-74312000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
16173000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3875000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-12165000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
37998000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
16894000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-86477000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39528000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17915000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-85006000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1400000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
800000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
500000
CY2018Q4 seas Deferred Tax Assets Acquisition And Debt Related Costs
DeferredTaxAssetsAcquisitionAndDebtRelatedCosts
5814000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
180658000
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
54271000
CY2018Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
53972000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
7308000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
6847000
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2546000
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2718000
CY2019Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
571000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4411000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4472000
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
10230000
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
9317000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
8590000
CY2019Q4 seas Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
32078000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
5200000
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7779000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
311448000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
271577000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5216000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2762000
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
306232000
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
268815000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
225827000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
192224000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
46688000
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
41803000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
22979000
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
18144000
CY2019Q4 seas Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
31940000
CY2018Q4 seas Deferred Tax Liabilities Hedging Transactions
DeferredTaxLiabilitiesHedgingTransactions
836000
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2558000
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2992000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
329992000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
255999000
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
23760000
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12816000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
27091000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13167000
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-100587000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7645000
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0593
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4640000
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0740
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-5800000
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0202
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-1776000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.0138
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
668000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.0107
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2901000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.0101
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
795000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0062
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1221000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.0195
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
730000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.0025
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
17584000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.0612
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-1808000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.0063
CY2019 seas Income Tax Reconciliation Impact Of State Rate Changes Value
IncomeTaxReconciliationImpactOfStateRateChangesValue
3770000
CY2019 seas Effective Income Tax Rate Reconciliation Impact Of State Rate Changes Percent
EffectiveIncomeTaxRateReconciliationImpactOfStateRateChangesPercent
0.0292
CY2018 seas Income Tax Reconciliation Impact Of State Rate Changes Value
IncomeTaxReconciliationImpactOfStateRateChangesValue
-379000
CY2018 seas Effective Income Tax Rate Reconciliation Impact Of State Rate Changes Percent
EffectiveIncomeTaxRateReconciliationImpactOfStateRateChangesPercent
-0.0060
CY2017 seas Income Tax Reconciliation Impact Of State Rate Changes Value
IncomeTaxReconciliationImpactOfStateRateChangesValue
-53000
CY2017 seas Effective Income Tax Rate Reconciliation Impact Of State Rate Changes Percent
EffectiveIncomeTaxRateReconciliationImpactOfStateRateChangesPercent
-0.0002
CY2018 seas Income Tax Reconciliation Nondeductible Settlement Amount
IncomeTaxReconciliationNondeductibleSettlementAmount
840000
CY2018 seas Effective Income Tax Rate Reconciliation Nondeductible Settlement
EffectiveIncomeTaxRateReconciliationNondeductibleSettlement
0.0134
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2455000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.0190
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1688000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.0059
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1138000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0089
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
200000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0031
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1799000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0058
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39528000
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3064
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17915000
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2857
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-85006000
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2958
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 seas Number Of Area Not To Use Within Radius Of Land Lease
NumberOfAreaNotToUseWithinRadiusOfLandLease
560
CY2019Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.082
CY2019 us-gaap Lessee Operating Lease Variable Lease Payment Terms And Conditions
LesseeOperatingLeaseVariableLeasePaymentTermsAndConditions
The minimum yearly rent is adjusted every three years to an amount equal to 80% of the average accounting year rent actually paid for the three previous years.
CY2019 seas Number Of Percentage Of Average Accounting Year Rent Adjusted On Minimum Yearly Rent
NumberOfPercentageOfAverageAccountingYearRentAdjustedOnMinimumYearlyRent
0.80
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
10400000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
141438000
CY2019Q4 seas Lease Right Of Use Asset
LeaseRightOfUseAsset
144925000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3896000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
124339000
CY2019Q4 seas Lease Liability
LeaseLiability
131793000
CY2018Q4 seas Lease Right Of Use Asset
LeaseRightOfUseAsset
16905000
CY2018Q4 seas Lease Liability
LeaseLiability
2965000
CY2019 us-gaap Lease Cost
LeaseCost
15861000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14020000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
854000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13671000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
341000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12674000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
213000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12130000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
208000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11973000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
206000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
247424000
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
2593000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
311892000
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4415000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
183657000
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
857000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
128235000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3558000
CY2019 seas Operating Leases Costs Options To Extend Lease Terms Exercised
OperatingLeasesCostsOptionsToExtendLeaseTermsExercised
7200000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
16578000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
231000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
14179000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
226000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
13111000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
220000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
11416000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
208000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
10479000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
204000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
265234000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
2794000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
330997000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Net Minimum Payments1
CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1
3883000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
918000
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
2965000
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0812
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0356
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
14513000
CY2019 seas Operating Cash Flows From Financing Leases
OperatingCashFlowsFromFinancingLeases
146000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
692000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1285000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
133297000
CY2019Q4 seas Additional Capital Payments Required For Project Completion
AdditionalCapitalPaymentsRequiredForProjectCompletion
143000000.0
CY2019 seas License Agreement Term Description
LicenseAgreementTermDescription
Pursuant to a license agreement (“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 stand alone park (“Standalone Park”) no later than mid-2021 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), the Company will have the option to build additional Standalone Parks in the defined 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 December 31, 2019, the Company estimates the combined remaining obligations for the License Agreement commitments could be up to approximately $50.0 million over the remaining term of the agreement.  In October 2019, the Company announced that it will convert Aquatica San Diego into its second Sesame Place Standalone Park in the spring of 2021. While construction will begin in the fall of 2019, it is not expected to impact Aquatica San Diego’s 2020 operating schedule.
CY2019Q4 seas Legal Settlement Accrual
LegalSettlementAccrual
32100000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
65500000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1483000000
CY2018 seas Transfers Between Fair Value Measurement Levels
TransfersBetweenFairValueMeasurementLevels
0
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
45500000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1495000000
CY2019 seas Stock Repurchased Agreement Closing Date
StockRepurchasedAgreementClosingDate
2019-05-30
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
606343
CY2019 us-gaap Defined Contribution Plan Plan Name
DefinedContributionPlanPlanName
401(k)
CY2019 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
The Company made matching cash contributions subject to certain restrictions, structured as a 100% match on the first 1% contributed by the employee and a 50% match on the next 5% contributed by the employee.
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
11106000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
22152000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
23203000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5500000
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
22700000
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M6D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
9700000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
12100000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
13800000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2400000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1700000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
764577
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.05
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26.83
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
237209
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
23.69
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
8593
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
18.52
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
211096
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.98
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
914022
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.43
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8491000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
399701
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
18.30
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5359000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.41
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0227
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3144
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.50
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
94044203
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
15790463
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
402900000
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
252900000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1500000
CY2019 seas Severance Charges And Other Separation Costs Incurred
SeveranceChargesAndOtherSeparationCostsIncurred
4200000
CY2018Q1 us-gaap Severance Costs1
SeveranceCosts1
6700000
us-gaap Severance Costs1
SeveranceCosts1
3800000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220575000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
405992000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
473666000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
298011000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-31303000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
96264000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
153528000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-5289000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-37020000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
52651000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
98028000
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-24183000
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.44
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
217166000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
391921000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
483175000
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
280028000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-66147000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
55210000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
151730000
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
10874000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-62844000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
22697000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
95988000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
-11053000
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.73
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.73
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2019Q1 seas Pre Tax Expenses Associated With Separation Related Costs
PreTaxExpensesAssociatedWithSeparationRelatedCosts
2600000
CY2019Q2 seas Pre Tax Expenses Associated With Previously Disclosed Transfer Of Shares
PreTaxExpensesAssociatedWithPreviouslyDisclosedTransferOfShares
4300000
CY2019Q4 seas Pre Tax Expenses Associated With Legal Settlement Accrual Net Of Insurance Recoveries
PreTaxExpensesAssociatedWithLegalSettlementAccrualNetOfInsuranceRecoveries
32100000
CY2018Q1 seas Pre Tax Expenses Associated With Separation Related Costs And Legal Settlement Accrual
PreTaxExpensesAssociatedWithSeparationRelatedCostsAndLegalSettlementAccrual
21500000
CY2018Q2 seas Pre Tax Expenses Associated With Separation Related Costs And Legal Settlement Accrual
PreTaxExpensesAssociatedWithSeparationRelatedCostsAndLegalSettlementAccrual
8700000
CY2018Q2 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
4500000
CY2018Q3 seas Restructuring And Other Related Costs Related To Severance Costs And Other Employment Expenses
RestructuringAndOtherRelatedCostsRelatedToSeveranceCostsAndOtherEmploymentExpenses
3900000
CY2018Q3 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
3800000
CY2018Q4 seas Loss On Early Extinguishment Of Debt And Write Off Of Discounts And Debt Issuance Costs
LossOnEarlyExtinguishmentOfDebtAndWriteOffOfDiscountsAndDebtIssuanceCosts
8200000
CY2018Q4 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
2500000
CY2019 seas Number Of Theme Parks Opened For Portion Of Period
NumberOfThemeParksOpenedForPortionOfPeriod
7
CY2009Q4 seas Number Of Limited Partnerships
NumberOfLimitedPartnerships
10
CY2019Q4 seas Number Of Theme Parks
NumberOfThemeParks
12

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