Company name:

SeaWorld Entertainment Inc

  • IPO SHARE PRICE:
    $27.00
  • IPO DATE:
    April 19, 2013
  • TICKER:
    SEAS
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    6240 Sea Harbor Drive Orlando Florida 32821
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

SeaWorld Entertainment Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
43.1% - Depreciation and amortization
7.2% - Deferred revenue
7.1% - Accounts receivable
2.1% - Stock-based compensation
1.7% - Other including loss on sale or disposal of assets
1.5% - Prepaid expenses and other assets
1.4% - Amortization of debt original issue discount and issuance cost
0.6% - Inventory
0.5% - Accounts payable and accrued liabilities
0.2% - Right-of-use assets and operating lease liabilities
SOURCEs
34.6% 7.1% 43.1% 7.2%
100 %
0%
USES
9.0% 89.4%
89.4% - Net income (loss)
9.0% - Deferred income taxes
1.4% - Accrued compensation and employee benefits
0.1% - Other assets and liabilities
0.1% - Other accrued liabilities
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $44,788 $89,476 ($312,321) ($312,321) ($182,144)
Depreciation and amortization
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 160,955 160,557 150,546 150,546 146,160
Amortization of debt original issue discount and issuance cost Amortization of debt original issue discount and issuance cost
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 4,461 3,446 5,025 5,025 6,984
Stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 22,152 11,106 7,467 7,467 17,056
Deferred income taxes
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 16,894 37,998 (31,414) (31,414) (40,436)
Loss on goodwill impairment
-
-
-
-
$45,679
$45,679
$45,679
 - - - - -
(Gain) loss on sale of assets
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 19,681 - - - -
(Gain) loss on assets sale and impairment
-
-
-
-
-
-
$45,679
 19,681 4,616 - - -
Loss on early repayment of debt and write-off of related costs Loss on early repayment of debt and write-off of related costs
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 8,150 - - - -
(Gain) loss on derivative
-
-
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Other including loss on sale or disposal of assets
-
-
-
-
-
-
-
 19,681 4,616 6,046 6,046 22,880
Accounts receivable
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (24,347) 10,865 24,761 24,761 (22,520)
Operating lease right-of-use assets
-
-
-
-
-
-
-
 - 501 - - -
Inventory
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (4,620) 721 2,267 2,267 13,072
Prepaid expenses and other assets
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (2,275) (27,359) 5,210 5,210 23,808
Right-of-use assets and operating lease liabilities
-
-
-
-
-
-
-
 - 501 561 561 2,244
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
-
-
 - - - - -
Accounts payable and accrued liabilities
-
-
-
-
-
$45,679
$45,679
 13,317 2,733 1,640 1,640 (20,864)
Other accrued expenses
$45,679
$45,679
$45,679
$45,679
$45,679
-
-
 - - - - -
Other accrued liabilities
-
-
-
-
-
$45,679
$45,679
 3,417 57,684 (422) (422) (16,324)
Accrued compensation and employee benefits
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 6,051 (5,467) (4,718) (4,718) (5,372)
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 25,611 665 25,065 25,065 368
Other assets and liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (300) 874 (442) (442) 4,440
Net cash provided by (used in) operating activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $293,935 $348,416 ($120,729) ($120,729) ($52,320)
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
SOURCEs
0%
100 %
0%
USES
100.0%
100.0% - Capital expenditures
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
(Increase) decrease in restricted cash and deposits
$45,679
$45,679
$45,679
$45,679
$45,679
-
-
 - - - - -
Capital expenditures
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (179,770) (195,217) (109,175) (109,175) (133,840)
Purchases of intangible assets
-
$45,679
$45,679
$45,679
$45,679
-
-
 - - - - -
Acquisition of Knotts Soak City Water Park
$45,679
$45,679
-
-
-
-
-
 - - - - -
Other investing activities
-
-
-
-
$45,679
$45,679
$45,679
 (259) 24 - - -
Net cash provided by (used in) investing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($180,029) ($195,193) ($109,175) ($109,175) ($133,840)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
72.2% - Issuance of debt
27.6% - Borrowing under Revolving Credit Facility
0.3% - Proceeds from issuance of common stock upon exercise of stock options
SOURCEs
72.2% 27.6%
100 %
0%
USES
63.1% 32.6%
32.6% - Repayment of Revolving Credit Facility
1.6% - Repayment of long-term borrowing
1.3% - Stock repurchases
0.8% - Debt issuance costs
0.4% - Payments of withholding tax on equity-based compensation
0.3% - Other financing activities
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
-
$45,679
-
-
-
-
 - - - - -
Issuance of common stock
$45,679
-
-
-
-
-
-
 - - - - -
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options
-
-
-
$45,679
$45,679
$45,679
$45,679
 4,282 3,795 2,920 2,920 10,220
Offering costs
$45,679
$45,679
$45,679
-
-
-
-
 - - - - -
Borrowing under Revolving Credit Facility
-
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 95,000 294,000 272,500 272,500 -
Repayment of Revolving Credit Facility
-
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (80,000) (274,000) (322,500) (322,500) -
Borrowing (repayment) under Revolving Credit Facility
$45,679
-
-
-
-
-
-
 - - - - -
Repayment of notes payable
$45,679
-
$45,679
-
-
-
-
 - - - - -
Issuance of debt
-
-
-
-
-
-
-
 543,935 - 713,658 713,658 2,854,632
Repayment of long-term borrowing
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (565,592) (15,506) (15,505) (15,505) (15,504)
Borrowing
$45,679
$45,679
$45,679
-
$45,679
$45,679
$45,679
 543,935 - - - -
Debt issuance costs
$45,679
$45,679
$45,679
-
$45,679
$45,679
$45,679
 (8,086) - (7,530) (7,530) (20,252)
Payments of withholding tax on equity-based compensation Payments of withholding tax on equity-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (3,977) (4,841) (3,915) (3,915) (2,260)
Dividends paid
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (325) - - - -
Stock repurchases
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (98,032) (150,000) (12,406) (12,406) -
Redemption premium payment
$45,679
-
$45,679
-
$45,679
-
-
 - - - - -
Other financing activities
-
-
-
-
-
$45,679
$45,679
 (101) (753) (3,018) (3,018) (4,628)
Net cash provided by (used in) financing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($112,896) ($147,305) $624,204 $624,204 ($32,424)
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$394,300,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $33,997 $35,007 $40,925 - $1,959,484
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 1,010 5,918 394,300 - (218,584)
Cash and equivalents - End of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $35,007 $40,925 $435,225 - $1,740,900