Six Flags Entertainment Q1 2012 results

[FParker185]

article/transcript of the call at:
http://seekingalpha.com/article/527951- ... =thestreet


The part I find most interesting is, "As it relates to our capital structure, reported net debt as of March 31 was $887 million as compared to $726 million at December 31, 2011, an increase of $161 million."

Really, how in the hell do you run up 161 million dollars worth of debt in 3 months? if it keeps going at that rate within about 2 years they'll be right back at over 2 billion in debt, and by summertime they'll be over a billion in the hole.

[Johnny.Ink]

article/transcript of the call at:
http://seekingalpha.com/article/527951- ... =thestreet


The part I find most interesting is, "As it relates to our capital structure, reported net debt as of March 31 was $887 million as compared to $726 million at December 31, 2011, an increase of $161 million."

Really, how in the hell do you run up 161 million dollars worth of debt in 3 months? if it keeps going at that rate within about 2 years they'll be right back at over 2 billion in debt, and by summertime they'll be over a billion in the hole.

Maybe they had a final payment on rides, or capex expenditures. You never get all the details on call like this.

[Galvan]

They spent $44 Million in repurchasing stock and another $36 million in Capital expenditures plus $33 million in dividends.

Also guest spending revenue has increased 8% as well.