Q3 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$292M+10.4% YoY

Gross Profit

$83M28.5% margin

Operating Income

$40M13.7% margin

Net Income

$23M7.7% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-12.5%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$94M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.3B

Stockholders' Equity

$357M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$292M	$265M	+10.4%
Gross Profit	$83M	$75M	+10.8%
Operating Income	$40M	$36M	+10.1%
Net Income	$23M	$24M	-5.4%

Revenue Segments

Food And Beverage

$118M21%

Occupancy

$103M19%

Hotel Food And Beverage Banquets

$83M15%

Hotel Group Rooms

$69M12%

Entertainment

$43M8%

Hotel Food And Beverage Outlets

$36M6%

Hotel Transient Rooms

$34M6%

Hotel Other

$28M5%

Entertainment Admissions And Ticketing

$19M3%

Entertainment Food And Beverage

$15M3%

Entertainment Retail And Other

$9M2%