Q1 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$288M+4.5% YoY

Gross Profit

$85M29.5% margin

Operating Income

$46M15.9% margin

Net Income

$27M9.5% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-16.5%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.2B

Stockholders' Equity

$360M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$288M	$276M	+4.5%
Gross Profit	$85M	$82M	+3.2%
Operating Income	$46M	$47M	-2.4%
Net Income	$27M	$33M	-16.2%

Revenue Segments

Hotel Food And Beverage Banquets

$96M33%

Hotel Group Rooms

$83M29%

Hotel Food And Beverage Outlets

$37M13%

Other Hotel

$25M9%

Hotel Transient Rooms

$24M8%

Entertainment Admissions And Ticketing

$11M4%

Entertainment Food And Beverage

$7M2%

Entertainment Retail And Other

$6M2%