Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

v3.25.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 39,133 $ 67,463
Accounts receivable, net 437 791
Other receivables 11,666 13,518
Inventory, net 5,237 5,728
Prepaid expenses and other current assets 9,241 11,590
Total current assets 65,714 99,090
Property and equipment, net 843,704 814,600
Operating lease right of use assets, net 918,624 924,896
Other intangible assets, net 112,041 112,507
Goodwill 1,134,734 1,134,734
Other assets 15,767 15,969
Total assets 3,090,584 3,101,796
Current liabilities:    
Accounts payable 36,200 30,020
Accrued payroll and related expenses 28,180 27,116
Other accrued expenses 43,020 39,162
Current maturities of long-term debt 0 6,920
Current maturities of operating lease liability 50,127 48,986
Current maturities of finance lease liability 812 804
Deferred revenue 35,226 33,960
Total current liabilities 193,565 186,968
Long-term debt, net 853,881 909,094
Operating lease liability 884,812 890,613
Financing lease liability 13,011 13,262
Deferred tax liabilities, net 109,225 101,741
Other long-term liabilities 2,195 1,766
Total liabilities 2,056,689 2,103,444
Stockholders’ equity:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 324,814,438 and 323,693,863 shares outstanding as of March 31, 2025 and December 31, 2024, respectively 3,254 3,242
Additional paid-in capital 838,795 830,264
Retained earnings 191,846 164,846
Total stockholders’ equity 1,033,895 998,352
Total liabilities and stockholders’ equity $ 3,090,584 $ 3,101,796