2017 Q2 Form 10-Q Financial Statement

#000151133717000109 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $292.3M $317.1M
YoY Change -7.83% 5.26%
Cost Of Revenue $164.0M $174.3M
YoY Change -5.91% 4.62%
Gross Profit $128.3M $142.8M
YoY Change -10.15% 6.09%
Gross Profit Margin 43.9% 45.03%
Selling, General & Admin $28.30M $26.00M
YoY Change 8.85% -9.41%
% of Gross Profit 22.06% 18.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.20M $40.90M
YoY Change -6.6% 8.2%
% of Gross Profit 29.77% 28.64%
Operating Expenses $234.2M $241.2M
YoY Change -2.9% 3.12%
Operating Profit $58.07M $75.90M
YoY Change -23.5% 12.71%
Interest Expense $14.55M $14.79M
YoY Change -1.63% 19.89%
% of Operating Profit 25.05% 19.48%
Other Income/Expense, Net $73.00K -$326.0K
YoY Change -122.39% -171.49%
Pretax Income $44.26M $61.20M
YoY Change -27.69% 9.62%
Income Tax $1.821M $2.482M
% Of Pretax Income 4.11% 4.06%
Net Earnings $42.25M $58.74M
YoY Change -28.08% 4.13%
Net Earnings / Revenue 14.45% 18.52%
Basic Earnings Per Share $0.34 $0.47
Diluted Earnings Per Share $0.34 $0.47
COMMON SHARES
Basic Shares Outstanding 123.8M shares 123.5M shares
Diluted Shares Outstanding 123.9M shares 123.9M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $479.9M $160.1M
YoY Change 199.75% -39.33%
Cash & Equivalents $479.9M $160.1M
Short-Term Investments
Other Short-Term Assets $60.60M $34.60M
YoY Change 75.14% 2.37%
Inventory
Prepaid Expenses
Receivables $34.40M $34.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $574.9M $229.0M
YoY Change 151.05% -30.5%
LONG-TERM ASSETS
Property, Plant & Equipment $3.321B $3.621B
YoY Change -8.27% 3.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $103.1M $108.2M
YoY Change -4.71% 40.7%
Total Long-Term Assets $3.427B $3.731B
YoY Change -8.16% 3.85%
TOTAL ASSETS
Total Short-Term Assets $574.9M $229.0M
Total Long-Term Assets $3.427B $3.731B
Total Assets $4.002B $3.960B
YoY Change 1.04% 0.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $127.1M $147.2M
YoY Change -13.65% 25.38%
Accrued Expenses $3.900M $3.200M
YoY Change 21.88% 18.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $172.9M $191.7M
YoY Change -9.81% 15.27%
LONG-TERM LIABILITIES
Long-Term Debt $1.582B $1.583B
YoY Change -0.07% 12.93%
Other Long-Term Liabilities $10.50M $11.90M
YoY Change -11.76% 9.17%
Total Long-Term Liabilities $1.593B $1.595B
YoY Change -0.16% 12.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $172.9M $191.7M
Total Long-Term Liabilities $1.593B $1.595B
Total Liabilities $1.777B $1.797B
YoY Change -1.09% 13.23%
SHAREHOLDERS EQUITY
Retained Earnings $19.67M $3.877M
YoY Change 407.45%
Common Stock $2.193B $2.189B
YoY Change 0.18% -7.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.212B $2.151B
YoY Change
Total Liabilities & Shareholders Equity $4.002B $3.960B
YoY Change 1.04% 0.97%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $42.25M $58.74M
YoY Change -28.08% 4.13%
Depreciation, Depletion And Amortization $38.20M $40.90M
YoY Change -6.6% 8.2%
Cash From Operating Activities $91.60M $109.0M
YoY Change -15.96% 7.07%
INVESTING ACTIVITIES
Capital Expenditures -$20.80M -$19.00M
YoY Change 9.47% -49.2%
Acquisitions
YoY Change
Other Investing Activities $100.0K -$6.800M
YoY Change -101.47% -13.92%
Cash From Investing Activities -$20.70M -$25.80M
YoY Change -19.77% -43.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -42.80M -49.20M
YoY Change -13.01% -62.84%
NET CHANGE
Cash From Operating Activities 91.60M 109.0M
Cash From Investing Activities -20.70M -25.80M
Cash From Financing Activities -42.80M -49.20M
Net Change In Cash 28.10M 34.00M
YoY Change -17.35% -144.8%
FREE CASH FLOW
Cash From Operating Activities $91.60M $109.0M
Capital Expenditures -$20.80M -$19.00M
Free Cash Flow $112.4M $128.0M
YoY Change -12.19% -8.05%

Facts In Submission

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EarningsPerShareDiluted
0.67
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2016Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
595816000 USD
CY2017Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
606479000 USD
CY2016Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
20525000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
40342000 USD
CY2017Q2 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
20101000 USD
us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
39398000 USD
CY2016Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
30047000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
56601000 USD
CY2017Q2 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
29121000 USD
us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
55812000 USD
CY2016Q2 us-gaap Franchise Costs
FranchiseCosts
20200000 USD
us-gaap Franchise Costs
FranchiseCosts
37600000 USD
CY2017Q2 us-gaap Franchise Costs
FranchiseCosts
18500000 USD
us-gaap Franchise Costs
FranchiseCosts
35000000 USD
CY2016Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
22000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-150000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
30000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-30000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6658000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16307000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10129000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19252000 USD
CY2016Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2017Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
58425000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
83894000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
42216000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
64034000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
61200000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
810000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
474000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
732000 USD
CY2017Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3065406000 USD
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
414000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
88197000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
44255000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
67259000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
58718000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
84239000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
42434000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
64272000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2482000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3958000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1821000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2987000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1400000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1107000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1669000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1852000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8531000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8390000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
234000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
-1483000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-1698000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-6509000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
14789000 USD
us-gaap Interest Expense
InterestExpense
29681000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
14548000 USD
us-gaap Interest Expense
InterestExpense
28877000 USD
us-gaap Interest Paid
InterestPaid
29157000 USD
us-gaap Interest Paid
InterestPaid
26793000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3444000 USD
CY2017Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3918000 USD
CY2016Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
-4902000 USD
CY2017Q2 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
-1069000 USD
CY2017Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-4600000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3050043000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
664000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1149000 USD
CY2016Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
675889000 USD
CY2017Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
676897000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1788116000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
1776932000 USD
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
375000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3833000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4023393000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4001666000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
1582715000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
1582114000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
13353000 USD
CY2017Q2 us-gaap Minority Interest
MinorityInterest
13222000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
259000 USD
CY2016Q4 us-gaap Minority Interest In Joint Ventures
MinorityInterestInJointVentures
5973000 USD
CY2017Q2 us-gaap Minority Interest In Joint Ventures
MinorityInterestInJointVentures
5936000 USD
CY2016Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
7380000 USD
CY2017Q2 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
7286000 USD
us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
1 loan
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-93641000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-85535000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-44684000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32771000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
164187000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
141513000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58447000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
83744000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42246000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64004000 USD
CY2016Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
37000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-25000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
29000 USD
us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-37000 USD
CY2016Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
256000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
370000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
189000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
275000 USD
CY2017Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
122 property
CY2017Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
21 state
CY2017Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
20100 room
CY2016Q2 us-gaap Occupancy Costs
OccupancyCosts
59085000 USD
us-gaap Occupancy Costs
OccupancyCosts
114113000 USD
CY2017Q2 us-gaap Occupancy Costs
OccupancyCosts
55221000 USD
us-gaap Occupancy Costs
OccupancyCosts
107143000 USD
CY2016Q2 us-gaap Occupancy Revenue
OccupancyRevenue
277039000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
516552000 USD
CY2017Q2 us-gaap Occupancy Revenue
OccupancyRevenue
253739000 USD
us-gaap Occupancy Revenue
OccupancyRevenue
478704000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
241211000 USD
us-gaap Operating Expenses
OperatingExpenses
475191000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
234218000 USD
us-gaap Operating Expenses
OperatingExpenses
457743000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
117092000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
58066000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
94773000 USD
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
376000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
75901000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5366000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-25614000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1715000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
73000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
214000 USD
CY2016Q2 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
12600000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
23700000 USD
CY2017Q2 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
11100000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
21600000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
41346000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
39186000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
30000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1117000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1139000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
13271000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
82316000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
82161000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5331000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
74000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
157000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
64000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
259000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
61950000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
121971000 USD
CY2017Q2 us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
59058000 USD
us-gaap Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
116880000 USD
CY2016Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
10026000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
19130000 USD
CY2017Q2 us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
9424000 USD
us-gaap Other Hotel Operating Revenue
OtherHotelOperatingRevenue
18000000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-326000 USD
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
60209000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
60624000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
11000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
51000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2634000 USD
us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
58740000 USD
us-gaap Profit Loss
ProfitLoss
84089000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
42464000 USD
us-gaap Profit Loss
ProfitLoss
64242000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
955383000 USD
CY2017Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1027386000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4324057000 USD
CY2017Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4351091000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3368674000 USD
CY2017Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3323705000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
51000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1872000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1801000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
67206000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
60697000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
38249000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
19674000 USD
CY2016Q2 us-gaap Revenues
Revenues
317112000 USD
us-gaap Revenues
Revenues
592283000 USD
CY2017Q2 us-gaap Revenues
Revenues
292284000 USD
us-gaap Revenues
Revenues
552516000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2014000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5469000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
7500000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3545497 shares
us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
57000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000.0 USD
CY2017Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
440000000.0 USD
CY2017Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
201542669 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
13300000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
13271000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2221924000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
2211512000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2200524000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2163751000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2235277000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2224734000 USD
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
117000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
10000 USD
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
1169308000 USD
CY2017Q2 us-gaap Unsecured Debt
UnsecuredDebt
1170120000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123942846 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124051956 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123871762 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123856388 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123544034 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123641928 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123785735 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123760096 shares
us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts in these financial statements have been reclassified to conform to the current year presentation with no impact to net income, shareholders&#8217; equity or cash flows.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the Company&#8217;s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities and the amounts of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

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0001511337-17-000109-index-headers.html Edgar Link pending
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rlj-20170630.xml Edgar Link completed
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