Company: PRSU
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040127
Chunk: 39

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 1B
Chunk 39
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 certain obligations.

Cash Flows

Operating Activities

    Year Ended December 31,

    (in thousands)
     
    2024

    2023

    2022

    Net income
     
    $
    373,843

    $
    23,452

    $
    24,795

    Income from discontinued operations, net of tax

    (425,603
    )

    (9,103
    )

    (30,004
    )

    Depreciation and amortization

    42,960

    37,929

    36,139

    Deferred income taxes

    (3,246
    )

    (298
    )

    1,635

    Restructuring charges

    3,157

    199

    84

    Impairment charges

    47,572

    —

    —

    Share-based compensation expense

    11,169

    8,976

    7,787

    Other non-cash items, net

    12,202

    (3,190
    )

    8,150

    Changes in assets and liabilities

    (5,105
    )

    22,808

    3,235

    Net cash provided by operating activities attributable to continuing operations
     
    $
    56,949

    $
    80,773

    $
    51,821

2024 compared with 2023

Net cash provided by operating activities attributable to continuing operations decreased $23.8 million primarily due to changes in working capital.

2023 compared with 2022

Net cash provided by operating activities attributable to continuing operations increased $29.0 million due to improved working capital. 

Investing Activities

    Year Ended December 31,

    (in thousands)
     
    2024

    2023

    2022

    Capital expenditures
     
    $
    (56,231
    )
     
    $
    (62,443
    )
     
    $
    (56,905
    )

    Proceeds from insurance

    12,612

    —

    —

    Cash paid for acquisitions, net

    (16,129
    )

    (41
    )

    (25,494
    )

    Proceeds from sale of business

    428,805

    —

    —

    Proceeds from