Company: PRSU
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040127
Chunk: 40

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 1B
Chunk 40
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 dispositions of property and other assets

    38

    —

    135

    Net cash provided by (used in) investing activities attributable to continuing operations
     
    $
    369,095

    $
    (62,484
    )
     
    $
    (82,264
    )

2024 compared with 2023

Net cash provided by investing activities attributable to continuing operations increased $431.6 million primarily due to the proceeds from the sale of the GES Business of $428.8 million.

2023 compared with 2022

Net cash used in investing activities attributable to continuing operations decreased $19.8 million primarily due to cash paid for the Glacier Raft Company acquisition in April 2022 of $25.5 million, offset in part by an increase in capital expenditures in 2023. 

24

Financing Activities

    Year Ended December 31,

    (in thousands)
     
    2024

    2023

    2022

    Proceeds from borrowings
     
    $
    572,173

    $
    162,049

    $
    107,580

    Payments on debt and finance obligations

    (954,212
    )

    (182,514
    )

    (100,645
    )

    Dividends paid on preferred stock

    (7,801
    )

    (7,801
    )

    (7,801
    )

    Distributions to noncontrolling interest, net of contributions from noncontrolling interest

    (3,151
    )

    (2,726
    )

    (570
    )

    Payments of debt issuance costs

    (799
    )

    (1,667
    )

    (418
    )

    Payment of payroll taxes on stock-based compensation through shares withheld or repurchased

    (5,076
    )

    (1,482
    )

    (1,428
    )

    Other financing activities

    (201
    )

    —

    —

    Net cash used in financing activities attributable to continuing operations
     
    $
    (399,067
    )
     
    $
    (34,141
    )
     
    $
    (3,282
    )

2024 compared with 2023

Net cash used in financing activities attributable to continuing operations increased $364.9 million primarily due to net debt payments of $382.0 million