Theme park business.
Balance sheet (2014): $44M cash, $335M goodwill, $1.6B LT debt.$579M equity. Not a great balance sheet.
On the other hand, the business is quite good and there is not a big risk of interest not getting paid.
Compensation bonus tied to adjusted EBITDA. There is also a severance package for each manager. But this is not too much < $1M for each.
Theme park business. Has moat and competitive advantage.
New IPO (2013)
CEO resigned (Dec 2015).