Company: PRSU
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040127
Chunk: 89

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 1B
Chunk 89
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 is also reported on the Consolidated Statements of Operations as “Income (loss) from continuing operations.” Our CODM uses net income from continuing operations to monitor actual results to our forecasted plan, which is used in assessing performance and in establishing management’s compensation. Our CODM is regularly provided with 

70

PURSUIT ATTRACTIONS AND HOSPITALITY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

only the consolidated expenses as presented in the Consolidated Statements of Operations, and accordingly, these expenses are considered to be significant expenses. The accounting policies of our reportable segment are the same as those described in Note 1 - Overview and Summary of Significant Accounting Policies. Additional information of our reportable segment is as follows:

        December 31,

        (in thousands)
         
        2024

        2023

        2022

        Depreciation
         
        $
        38,411

        $
        33,022

        $
        31,118

        Amortization
         
        $
        4,549

        $
        4,907

        $
        5,021

        Capital expenditures
         
        $
        56,231

        $
        62,443

        $
        56,905

       Our CODM does not use a measure of segment assets to evaluate segment performance or in deciding how to allocate resources. Geographic AreasOur foreign operations from continuing operations are primarily in Canada and Iceland. Long-lived assets are attributed to domestic or foreign based principally on the physical location of the assets. Long-lived assets consist of “Property and equipment, net” and “Other investments and assets.” The table below presents the financial information by major geographic area:

        December 31,

        (in thousands)
         
        2024

        2023

        2022

        Revenue:

        United States
         
        $
        119,528

        $
        103,861

        $
        99,816

        Iceland

        54,420

        44,681

        31,254

        Canada

        192,540

        201,743

        168,257

        Total revenue
         
        $
        366,488

        $
        350,285

        $
        299,327

        Long-lived assets:

        United States
         
        $
        201