Q2 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$334M+11.8% YoY

Gross Profit

$116M34.7% margin

Operating Income

$77M23.0% margin

Net Income

$56M16.6% margin

EPS (Diluted)

$1.08

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

$88M

Free Cash Flow

$88M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.2B

Stockholders' Equity

$374M

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$334M	$299M	+11.8%
Gross Profit	$116M	$100M	+15.3%
Operating Income	$77M	$65M	+18.6%
Net Income	$56M	$47M	+17.5%

Revenue Segments

Hotel Food And Beverage Banquets

$102M30%

Hotel Group Rooms

$89M27%

Hotel Food And Beverage Outlets

$39M12%

Hotel Transient Rooms

$32M10%

Hotel, Other

$29M9%

Entertainment Admissions And Ticketing

$21M6%

Entertainment Food And Beverage

$12M4%

Entertainment Retail And Other

$9M3%