SeaWorld Entertainment, Inc. (SEAS) financial statements (2022 and earlier)

Company profile

Business Address 6240 SEA HARBOR DRIVE
ORLANDO, FL 32821
State of Incorp. DE
Fiscal Year End December 31
SIC 799 - Miscellaneous Amusement And Recreation (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4444344034336919
Cash and cash equivalents4444344034336919
Receivables77305058383740
Inventory, net of allowances, customer advances and progress billings29313336312931
Inventory29313336312931
Prepaid expense5326798
Deferred tax assets   3
Other current assets11899777
Other undisclosed current assets11354331
Total current assets:567507169147119154109
Noncurrent Assets
Finance lease, right-of-use asset3  
Operating lease, right-of-use asset132137141
Property, plant and equipment1,6451,6611,7331,6921,6751,6671,719
Intangible assets, net (including goodwill)6666679699376384
Goodwill6666666666336336
Intangible assets, net (excluding goodwill)  129324048
Deferred income tax assets2423 
Other noncurrent assets18151415182120
Deferred tax assets, net24332223
Other undisclosed noncurrent assets154157176143142139136
Total noncurrent assets:2,0432,0592,1311,9691,9672,2252,282
TOTAL ASSETS:2,6102,5662,3012,1162,0862,3792,391
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:68629712035133118
Accounts payable     8894
Accrued liabilities46518223202311
Employee-related liabilities22111521152112
Interest and dividends payable    010
Other undisclosed accounts payable and accrued liabilities   76   
Deferred revenue155131104
Debt12166946395232
Self insurance reserve   7   
Deferred revenue and credits807980
Contract with customer, liability101
Other undisclosed current liabilities13710913237101  
Total current liabilities:372317403311253264229
Noncurrent Liabilities
Long-term debt and lease obligation2,2222,2971,6071,4951,5041,5311,549
Long-term debt, excluding current maturities2,1052,1771,4831,4951,5041,5311,549
Operating lease, liability117120124
Liabilities, other than long-term debt5058474541123109
Deferred revenue  10
Deferred tax liabilities, net11 7068
Deferred income tax liabilities1316 
Other liabilities38423734415341
Other undisclosed noncurrent liabilities  33    
Total noncurrent liabilities:2,2722,3551,6871,5401,5451,6541,658
Total liabilities:2,6442,6722,0901,8501,7981,9181,887
Stockholders' equity
Stockholders' equity attributable to parent(34)(106)211265287461504
Common stock1111111
Treasury stock, value(631)(415)(403)(253)(155)(155)(155)
Additional paid in capital711680674664641621625
Accumulated other comprehensive income (loss)  (2)2(5)(14)(13)
Retained earnings (accumulated deficit)(115)(372)(59)(149)(195)846
Total stockholders' equity:(34)(106)211265287461504
TOTAL LIABILITIES AND EQUITY:2,6102,5662,3012,1162,0862,3792,391

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,5044321,3981,3721,2631,3441,371
Revenue, net765818847
Cost of revenue(122)(46)(116)(104)(88)(100)(99)
Gross profit:1,3813861,2821,2681,1761,2441,272
Operating expenses(949)(627)(1,069)(1,116)(1,377)(1,185)(1,112)
Operating income (loss):432(242)213152(201)60159
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(0)(0)(0)00(0)(0)
Interest and debt expense(175)(101)(84)(81)(78)(63)(66)
Income (loss) from continuing operations before equity method investments, income taxes:256(343)12971(279)(3)94
Other undisclosed loss from continuing operations before income taxes   (8)(8) (21)
Income (loss) from continuing operations before income taxes:256(343)12963(287)(3)73
Income tax expense (benefit)031(40)(18)85(9)(24)
Net income (loss) available to common stockholders, diluted:257(312)8945(202)(13)49

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):257(312)8945(202)(13)49
Comprehensive income (loss):257(312)8945(202)(13)49
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 2(4)89(1) 
Comprehensive income (loss), net of tax, attributable to parent:257(311)8653(194)(13)49

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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