Q2 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$408M+22.1% YoY

Gross Profit

$147M36.0% margin

Operating Income

$85M20.9% margin

Net Income

$46M11.4% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$84M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$3.1B

Stockholders' Equity

$435M

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$408M	$334M	+22.1%
Gross Profit	$147M	$116M	+26.8%
Operating Income	$85M	$77M	+11.2%
Net Income	$46M	$56M	-16.7%

Revenue Segments

Food And Beverage

$173M24%

Occupancy

$145M20%

Hotel Food And Beverage Banquets

$124M17%

Hotel Group Rooms

$106M15%

Hotel Food And Beverage Outlets

$50M7%

Hotel Other

$39M5%

Hotel Transient Rooms

$39M5%

Entertainment Admissions And Ticketing

$22M3%

Entertainment Food And Beverage

$18M2%

Entertainment Retail And Other

$11M1%