United Parks & Resorts (PRKS) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	SEAS
Entity Registrant Name	SeaWorld Entertainment, Inc.
Entity Central Index Key	1,564,902
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		90,208,315

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 52,931	$ 43,906
Accounts receivable, net	56,094	37,002
Inventories	38,749	33,134
Prepaid expenses and other current assets	20,562	20,894
Deferred tax assets, net	7,268	7,268
Total current assets	175,604	142,204
Property and equipment, at cost	2,678,128	2,612,052
Accumulated depreciation	(953,082)	(867,421)
Property and equipment, net	1,725,046	1,744,631
Goodwill	335,610	335,610
Trade names/trademarks, net	163,457	164,188
Other intangible assets, net	22,866	24,525
Other assets	13,220	11,313
Total assets	2,435,803	2,422,471
Current liabilities:
Accounts payable	108,313	88,279
Current maturities on long-term debt	16,850	14,050
Accrued salaries, wages and benefits	23,678	19,068
Deferred revenue	146,458	79,367
Dividends payable	18,391	172
Other accrued expenses	16,883	20,149
Total current liabilities	330,573	221,085
Long-term debt (net of debt issuance costs of $15,285 as of June 30, 2015 and $20,003 as of December 31, 2014)	1,584,365	1,569,400
Deferred tax liabilities, net	4,600	31,760
Other liabilities	31,206	20,691
Total liabilities	$ 1,950,744	$ 1,842,936
Commitments and contingencies (Note 10)
Stockholders' Equity:
Preferred stock, $0.01 par value-authorized, 100,000,000 shares, no shares issued or outstanding at June 30, 2015 and December 31, 2014
Common stock, $0.01 par value-authorized, 1,000,000,000 shares; 90,303,587 and 90,191,100 shares issued at June 30, 2015 and December 31, 2014, respectively	$ 903	$ 902
Additional paid-in capital	621,497	655,471
Accumulated other comprehensive loss	(5,103)	(483)
(Accumulated deficit) retained earnings	(22,367)	33,516
Treasury stock, at cost (4,105,970 shares at June 30, 2015 and December 31, 2014)	(109,871)	(109,871)
Total stockholders' equity	485,059	579,535
Total liabilities and stockholders' equity	$ 2,435,803	$ 2,422,471

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Debt issuance costs	$ 15,285	$ 20,003
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	90,303,587	90,191,100
Treasury stock, shares	4,105,970	4,105,970

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net revenues:
Admissions	$ 238,451	$ 249,263	$ 375,291	$ 386,649
Food, merchandise and other	153,165	155,888	230,917	230,792
Total revenues	391,616	405,151	606,208	617,441
Costs and expenses:
Cost of food, merchandise and other revenues	31,112	33,651	47,015	50,411
Operating expenses (exclusive of depreciation and amortization shown separately below)	191,202	189,190	345,013	357,102
Selling, general and administrative	73,320	58,564	124,398	103,640
Restructuring and other related costs	122		267
Secondary offering costs		73		747
Depreciation and amortization	50,110	43,086	93,964	84,362
Total costs and expenses	345,866	324,564	610,657	596,262
Operating income (loss)	45,750	80,587	(4,449)	21,179
Other expense (income), net	209	(45)	470	(28)
Interest expense	15,732	20,526	35,910	40,230
Loss on early extinguishment of debt and write-off of discounts and debt issuance costs	20,348		20,348
Income (loss) before income taxes	9,461	60,106	(61,177)	(19,023)
Provision for (benefit from) income taxes	3,652	22,700	(23,388)	(7,212)
Net income (loss)	5,809	37,406	(37,789)	(11,811)
Other comprehensive income (loss):
Unrealized loss on derivatives, net of tax	(3,747)	(872)	(4,620)	(1,080)
Comprehensive income (loss)	$ 2,062	$ 36,534	$ (42,409)	$ (12,891)
Earnings (loss) per share:
Net income (loss) per share, basic	$ 0.07	$ 0.43	$ (0.44)	$ (0.13)
Net income (loss) per share, diluted	$ 0.07	$ 0.43	$ (0.44)	$ (0.13)
Weighted average common shares outstanding:
Basic	86,186	86,877	86,142	87,642
Diluted	86,291	87,189	86,142	87,642
Cash dividends declared per share:
Cash dividends declared per share	$ 0.21	$ 0.21	$ 0.63	$ 0.41

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Changes in Stockholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock, at Cost [Member]
Beginning Balance at Dec. 31, 2014	$ 579,535	$ 902	$ 655,471	$ 33,516	$ (483)	$ (109,871)
Beginning Balance, shares at Dec. 31, 2014	90,191,100	90,191,100
Equity-based compensation	$ 3,251		3,251
Unrealized loss on derivatives, net of tax	(4,620)				(4,620)
Vesting of restricted shares		$ 1	(1)
Vesting of restricted shares, shares		154,325
Shares withheld for tax withholdings	(836)		(836)
Shares withheld for tax withholdings, shares		(41,838)
Cash dividends declared to stockholders, net of forfeitures	(54,482)		(36,388)	(18,094)
Net loss	(37,789)			(37,789)
Ending Balance at Jun. 30, 2015	$ 485,059	$ 903	$ 621,497	$ (22,367)	$ (5,103)	$ (109,871)
Ending Balance, shares at Jun. 30, 2015	90,303,587	90,303,587

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015
Unrealized loss on derivatives, tax benefit	$ 2,892
Cash dividends declared per share	$ 0.63
Accumulated Other Comprehensive Loss [Member]
Unrealized loss on derivatives, tax benefit	$ 2,892

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows From Operating Activities:
Net loss	$ (37,789)	$ (11,811)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	93,964	84,362
Amortization of debt issuance costs and discounts	4,013	4,714
Loss on early extinguishment of debt and write-off of discounts and debt issuance costs	20,348
Loss on sale or disposal of assets	3,744	1,093
Loss on derivatives	287
Deferred income tax benefit	(24,268)	(8,268)
Equity-based compensation	3,251	1,335
Changes in assets and liabilities:
Accounts receivable	(22,608)	(7,501)
Inventories	(5,615)	(8,099)
Prepaid expenses and other current assets	511	(2,354)
Accounts payable	26,780	24,697
Accrued salaries, wages and benefits	4,610	(4,970)
Deferred revenue	71,485	53,799
Other accrued expenses	3,057	4,418
Other assets and liabilities	312	2,094
Net cash provided by operating activities	142,082	133,509
Cash Flows From Investing Activities:
Capital expenditures	(83,534)	(93,847)
Change in restricted cash	(179)	(229)
Net cash used in investing activities	(83,713)	(94,076)
Cash Flows From Financing Activities:
Proceeds from the issuance of debt	280,000
Repayment of long-term debt	(267,725)	(7,025)
Proceeds from draw on revolving credit facility	45,000	40,000
Repayment of revolving credit facility	(45,000)	(40,000)
Dividends paid to stockholders	(36,262)	(35,407)
Debt issuance costs	(4,571)
Redemption premium payment	(14,300)
Purchase of treasury stock	(5,650)	(50,706)
Payment of tax withholdings on equity-based compensation through shares withheld	(836)	(130)
Net cash used in financing activities	(49,344)	(93,268)
Change in Cash and Cash Equivalents	9,025	(53,835)
Cash and Cash Equivalents-Beginning of period	43,906	116,841
Cash and Cash Equivalents-End of period	52,931	63,006
Supplemental Disclosures of Noncash Investing and Financing Activities
Capital expenditures in accounts payable	18,984	22,215
Dividends declared, but unpaid	$ 18,391	$ 18,590

Description of the Business and

Description of the Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Description of the Business and Basis of Presentation	1. DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Description of the Business SeaWorld Entertainment, Inc., through its wholly-owned subsidiary, SeaWorld Parks & Entertainment, Inc. (“SEA”) (collectively, the “Company”), owns and operates eleven theme parks within the United States. Prior to December 1, 2009, the Company did not have any operations. Prior to its initial public offering in April 2013, the Company was owned by ten limited partnerships (the “Partnerships” or the “selling stockholders”), ultimately owned by affiliates of The Blackstone Group L.P. (“Blackstone”) and certain co-investors. The Company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, and Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The Company operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island); and Williamsburg, Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place). Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K filed with the SEC. The unaudited condensed consolidated balance sheet as of December 31, 2014 has been derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K. In the opinion of management, such unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations for the year ending December 31, 2015 or any future period due to the seasonal nature of the Company’s operations. Based upon historical results, the Company typically generates its highest revenues in the second and third quarters of each year and incurs a net loss in the first and fourth quarters, in part because six of its theme parks are only open for a portion of the year. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, including SEA. All intercompany accounts have been eliminated in consolidation. Use of Estimates The preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions include, but are not limited to, the accounting for self-insurance, deferred tax assets, deferred revenue, equity compensation and the valuation of goodwill and other indefinite-lived intangible assets. Actual results could differ from those estimates. Segment Reporting The Company maintains discrete financial information for each of its eleven theme parks, which is used by the Chief Operating Decision Maker (“CODM”), identified as the Chief Executive Officer, as a basis for allocating resources. Each theme park has been identified as an operating segment and meets the criteria for aggregation due to similar economic characteristics. In addition, all of the theme parks provide similar products and services and share similar processes for delivering services. The theme parks have a high degree of similarity in the workforces and target similar consumer groups. Accordingly, based on these economic and operational similarities and the way the CODM monitors the operations, the Company has concluded that its operating segments may be aggregated and that it has one reportable segment. Reclassifications Certain prior year amounts have been reclassified to conform to the 2015 presentation, in particular debt issuance costs, which were previously included in other assets, have been reclassified to long-term debt as a result of the adoption of a new Accounting Standards Update (“ASU”). See Note 2–Recently Issued Accounting Pronouncement for further details. Revision of Previously Issued Financial Statements In the third quarter of 2014, the Company conducted an internal review of its application of the guidance in Accounting Standards Codification (“ASC”) 470-50, Debt-Modifications and Extinguishments, Assessing Materiality

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	2. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS The Company reviews new accounting pronouncements as they are issued or proposed by the Financial Accounting Standards Board (“FASB”). In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. In June 2015, the Company elected to early adopt ASU No. 2015-03, Interest – Imputation of Interest (Topic 835): Simplifying the Presentation of Debt Issuance Costs. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition

Earnings (Loss) per Share

Earnings (Loss) per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings (Loss) per Share	3. EARNINGS (LOSS) PER SHARE Earnings (loss) per share is computed as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net Shares Per Net Shares Per Net Loss Shares Per Net Loss Shares Per Basic earnings (loss) per share $ 5,809 86,186 $ 0.07 $ 37,406 86,877 $ 0.43 $ (37,789 ) 86,142 $ (0.44 ) $ (11,811 ) 87,642 $ (0.13 ) Effect of dilutive incentive-based awards 105 312 — — Diluted earnings (loss) per share $ 5,809 86,291 $ 0.07 $ 37,406 87,189 $ 0.43 $ (37,789 ) 86,142 $ (0.44 ) $ (11,811 ) 87,642 $ (0.13 ) In accordance with the Earnings Per Share Diluted earnings (loss) per share is determined using the treasury stock method based on the dilutive effect of unvested restricted stock and certain shares of common stock that are issuable upon exercise of stock options. There were approximately 1,933,000 and 17,000 anti-dilutive shares of common stock excluded from the computation of diluted earnings per share during the three months ended June 30, 2015 and 2014, respectively. During the six months ended June 30, 2015 and 2014, the Company excluded potentially dilutive shares of approximately 1,583,000 and 324,000, respectively, from the calculation of diluted loss per share as their effect would have been anti-dilutive due to the Company’s net loss in those periods. The Company’s outstanding performance share awards are considered contingently issuable shares and are excluded from the calculation of diluted earnings (loss) per share as the performance criteria has not been met as of the end of the reporting period. See further discussion in Note 11–Equity-Based Compensation.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	4. INCOME TAXES Income tax expense or benefit is recognized based on the Company’s estimated annual effective tax rate which is based upon the tax rate expected for the full calendar year applied to the pre-tax income or loss of the interim period. The Company’s consolidated effective tax rate for the three and six months ended June 30, 2015 was 38.6% and 38.2%, respectively, and differs from the statutory federal income tax rate primarily due to state income taxes and other permanent items. The Company’s consolidated effective tax rate for the three and six months ended June 30, 2014 was 37.8% and 37.9%, respectively, and differs from the statutory federal income tax rate primarily due to state income taxes and other permanent items. The Company has determined that there are no positions currently taken that would rise to a level requiring an amount to be recorded or disclosed as an uncertain tax position. If such positions do arise, it is the Company’s intent that any interest or penalty amount related to such positions will be recorded as a component of tax expense to the applicable period.

Other Accrued Expenses

Other Accrued Expenses	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Other Accrued Expenses	5. OTHER ACCRUED EXPENSES Other accrued expenses at June 30, 2015 and December 31, 2014, consisted of the following: June 30, December 31, 2015 2014 Accrued property taxes $ 7,339 $ 2,039 Accrued interest 464 2,604 Self-insurance reserve 7,078 7,800 Other 2,002 7,706 Total other accrued expenses $ 16,883 $ 20,149

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-Term Debt	6. LONG-TERM DEBT Long-term debt as of June 30, 2015 and December 31, 2014 consisted of the following: June 30, December 31, 2015 2014 Term B-2 Loans (effective interest rate of 3.26% at June 30, 2015 and December 31, 2014) $ 1,345,413 $ 1,352,438 Term B-3 Loans (effective interest rate of 4.33% at June 30, 2015) 279,300 — Revolving Credit Facility — — Senior Notes (effective interest rate of 12.07% at December 31, 2014) — 260,000 Total long-term debt 1,624,713 1,612,438 Less discounts (8,213 ) (8,985 ) Less debt issuance costs (15,285 ) (20,003 ) Less current maturities (16,850 ) (14,050 ) Total long-term debt, net $ 1,584,365 $ 1,569,400 SEA is the borrower under the senior secured credit facilities, as amended pursuant to a credit agreement dated as of December 1, 2009 (the “Senior Secured Credit Facilities”). Also on December 1, 2009, SEA issued $400,000 aggregate principal amount of unsecured senior notes due December 1, 2016 (the “Senior Notes”). On March 30, 2015, SEA entered into an incremental term loan amendment, Amendment No. 7 (the “Incremental Amendment”), to its existing Senior Secured Credit Facilities. On April 7, 2015, SEA borrowed $280,000 of additional term loans (the “Term B-3 Loans”) pursuant to the Incremental Amendment. The proceeds, along with cash on hand, were used to redeem all of the $260,000 outstanding principal of the Senior Notes at a redemption price of 105.5% plus accrued and unpaid interest and pay fees, costs and other expenses in connection with the Term B-3 Loans. The redemption premium of $14,300 along with a write-off of approximately $6,048 in related discounts and debt issuance costs is included in the loss on early extinguishment of debt and write-off of discounts and debt issuance costs on the accompanying unaudited condensed consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2015. In connection with the issuance of the Term B-3 Loans, SEA recorded a discount of $1,400 and debt issuance costs of $3,171 during the three months ended June 30, 2015. Debt issuance costs and discounts are amortized to interest expense using the effective interest method over the term of the Senior Secured Credit Facilities and are included in long-term debt, net, in the accompanying unaudited condensed consolidated balance sheets. See Note 2–Recently Issued Accounting Pronouncements for more details on the Company’s adoption of ASU 2015-03 in the second quarter of 2015. As of June 30, 2015, SEA was in compliance with all covenants in the provisions contained in the documents governing the Senior Secured Credit Facilities. Senior Secured Credit Facilities As of June 30, 2015, the Senior Secured Credit Facilities consisted of $1,345,413 in Term B-2 Loans and $279,300 in Term B-3 Loans, which will mature on May 14, 2020, along with $192,500 in a senior secured revolving credit facility (the “Revolving Credit Facility”), which was not drawn upon as of June 30, 2015. The Revolving Credit Facility will mature on the earlier of (a) April 24, 2018 and (b) the 91st day prior to the maturity date of any indebtedness incurred to refinance any of the term loans. Term B-2 Loans The Term B-2 Loans were initially borrowed in an aggregate principal amount of $1,405,000. Borrowings under the Senior Secured Credit Facilities bear interest, at SEA’s option, at a rate equal to a margin over either (a) a base rate determined by reference to the higher of (1) the rate of interest in effect for such day as publicly announced from time to time by Bank of America, N.A. as its “prime rate” and (2) the federal funds effective rate plus 1/2 of 1% or (b) a LIBOR rate determined by reference to the British Bankers Association (“BBA”) LIBOR rate, or the successor thereto if the BBA is no longer making a LIBOR rate available, for the interest period relevant to such borrowing. The applicable margin for the Term B-2 Loans is 1.25%, in the case of base rate loans, and 2.25%, in the case of LIBOR rate loans, subject to a base rate floor of 1.75% and a LIBOR floor of 0.75%. The applicable margin for the Term B-2 Loans (under either a base rate or LIBOR rate) is subject to one 25 basis point step-down upon achievement by SEA of a certain total net leverage ratio. At June 30, 2015, SEA selected the LIBOR rate (interest rate of 3.00% at June 30, 2015). The Term B-2 Loans amortize in equal quarterly installments in an aggregate annual amount equal to 1.0% of the original principal amount of the Term B-2 Loans on May 14, 2013, with the balance due on the final maturity date, of May 14, 2020. SEA may voluntarily repay amounts outstanding under the Senior Secured Credit Facilities at any time without premium or penalty, other than customary “breakage” costs with respect to LIBOR loans. SEA is required to prepay the outstanding Term B-2 loans, subject to certain exceptions, with (i) 50% of SEA’s annual “excess cash flow” (with step-downs to 25% and 0%, as applicable, based upon achievement by SEA of a certain total net leverage ratio), subject to certain exceptions; (ii) 100% of the net cash proceeds of certain non-ordinary course asset sales or other dispositions subject to reinvestment rights and certain exceptions; and (iii) 100% of the net cash proceeds of any incurrence of debt by SEA or any of its restricted subsidiaries, other than debt permitted to be incurred or issued under the Senior Secured Credit Facilities. Notwithstanding any of the foregoing, each lender of term loans has the right to reject its pro rata share of mandatory prepayments described above, in which case SEA may retain the amounts so rejected. The foregoing mandatory prepayments will be applied pro rata to installments of term loans in direct order of maturity. There were no mandatory prepayments during the three or six months ended June 30, 2015 or 2014 since none of the events indicated above occurred. SEA may also increase and/or add one or more incremental term loan facilities to the Senior Secured Credit Facilities and/or increase commitments under the Revolving Credit Facility in an aggregate principal amount of up to $350,000. SEA may also incur additional incremental term loans provided that, among other things, on a pro forma basis after giving effect to the incurrence of such incremental term loans, the First Lien Secured Leverage Ratio, as defined in the Senior Secured Credit Facility, is no greater than 3.50 to 1.00. As of June 30, 2015, SEA had approximately $18,000 of outstanding letters of credit, leaving approximately $174,500 available for borrowing. Term B-3 Loans Borrowings of Term B-3 Loans bear interest at a fluctuating rate per annum equal to, at SEA’s option, (i) a base rate equal to the higher of (a) the federal funds rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America, N.A. as its “prime rate” or (ii) a LIBOR rate determined by reference to the BBA LIBOR rate, or the successor thereto if the BBA is no longer making a LIBOR rate available, for the interest period relevant to such borrowing. The applicable margin for the Term B-3 Loans is 2.25%, in the case of base rate loans, and 3.25%, in the case of LIBOR rate loans, subject to a base rate floor of 1.75% and a LIBOR floor of 0.75%. At June 30, 2015, SEA selected the LIBOR rate (interest rate of 4.00% at June 30, 2015). The Term B-3 Loans amortize in equal quarterly installments in an aggregate annual amount equal to 1.0% of the original principal amount of the Term B-3 Loans on the date of effectiveness of the Incremental Amendment, with the balance due on the final maturity date of May 14, 2020. Except as set forth in the preceding sentence, the Term B-3 Loans contain identical mandatory and voluntary prepayments as those applicable to Term B-2 Loans. SEA may voluntarily repay outstanding loans at any time without premium or penalty, other than a prepayment premium on voluntary prepayments of Term B-3 Loans in connection with certain repricing transactions on or prior to the date that is six months after the effectiveness of the Incremental Amendment and customary “breakage” costs with respect to LIBOR loans. All other terms of the Term B-3 Loans are substantially identical to the terms applicable to the Term B-2 Loans under the Senior Secured Credit Facilities. Revolving Credit Facility Borrowings of loans under the Revolving Credit Facility bear interest at a fluctuating rate per annum equal to, at SEA’s option, a base rate equal to the higher of (a) the federal funds rate plus 1 2 The applicable margin for borrowings under the Revolving Credit Facility is 1.75%, in the case of base rate loans, and 2.75%, in the case of LIBOR rate loans. The applicable margin (under either a base rate or LIBOR rate) is subject to one 25 basis point step-down upon achievement by SEA of certain corporate credit ratings. At June 30, 2015, SEA selected the LIBOR rate and achieved the corporate credit ratings for an applicable LIBOR margin of 2.50%. In addition to paying interest on outstanding principal under the Senior Secured Credit Facilities, SEA is required to pay a commitment fee to the lenders under the Revolving Credit Facility in respect of the unutilized commitments thereunder at a rate of 0.50% per annum. SEA is also required to pay customary letter of credit fees. Restrictive Covenants The Senior Secured Credit Facilities contain a number of customary negative covenants. Such covenants, among other things, restrict, subject to certain exceptions, the ability of SEA and its restricted subsidiaries to incur additional indebtedness; make guarantees; create liens on assets; enter into sale and leaseback transactions; engage in mergers or consolidations; sell assets; make fundamental changes; pay dividends and distributions or repurchase SEA’s capital stock; make investments, loans and advances, including acquisitions; engage in certain transactions with affiliates; make changes in nature of the business; and make prepayments of junior debt. The Senior Secured Credit Facilities also contain covenants requiring SEA to maintain specified maximum annual capital expenditures, a maximum total net leverage ratio and a minimum interest coverage ratio. All of the net assets of SEA and its consolidated subsidiaries are restricted and there are no unconsolidated subsidiaries of SEA. The Senior Secured Credit Facilities permit restricted payments in an aggregate amount per annum not to exceed the greater of (1) 6% of initial public offering net proceeds received by SEA or (2) (a) $90,000, so long as, on a Pro Forma Basis (as defined in the Senior Secured Credit Facilities) after giving effect to the payment of any such restricted payment, the Total Leverage Ratio, (as defined in the Senior Secured Credit Facilities), is no greater than 5.00 to 1.00 and greater than 4.50 to 1.00, (b) $120,000, so long as, on a Pro Forma Basis after giving effect to the payment of any such restricted payment, the Total Leverage Ratio is no greater than 4.50 to 1.00 and greater than 4.00 to 1.00, (c) the greater of (A) $120,000 and (B) 7.5% of Market Capitalization (as defined in the Senior Secured Credit Facilities), so long as, on a Pro Forma Basis after giving effect to the payment of any such restricted payment, the Total Leverage Ratio is no greater than 4.00 to 1.00 and greater than 3.50 to 1.00 and (d) an unlimited amount, so long as, on a Pro Forma Basis after giving effect to the payment of any such restricted payment, the Total Leverage Ratio is no greater than 3.50 to 1.00. As of June 30, 2015, the Total Leverage Ratio as calculated under the Senior Secured Credit Facilities was 4.42 to 1.00, which results in the Company having a $120,000 capacity for restricted payments in 2015. During the six months ended June 30, 2015, the Company has used approximately $54,500 of its available restricted payments capacity. As a result, the Company currently has the ability to declare dividends or make certain other restricted payments in an aggregate amount of up to approximately $65,500 for the remainder of calendar year 2015. The amount available for dividend declarations, share repurchases and certain other restricted payments under the covenant restrictions in the debt agreements adjusts at the beginning of each quarter as set forth above. Long-term debt at June 30, 2015, is repayable as follows: Years Ending 2015 $ 8,425 2016 16,850 2017 16,850 2018 16,850 2019 16,850 Thereafter 1,548,888 Total $ 1,624,713 Revision of Previously Issued Financial Statements The following table presents the impact of the corrections on previously issued periods included within this Quarterly Report on Form 10-Q (see the “Revision of Previously Issued Financial Statements” For the Three Months Ended June 30, 2014 For the Six Months Ended June 30, 2014 As Previously Adjustments As Revised As Previously Adjustments As Revised Selected Statements of Comprehensive Income (Loss) Data: Interest expense $ 20,638 $ (112 ) $ 20,526 $ 40,684 $ (454 ) $ 40,230 Income (loss) before income taxes $ 59,994 $ 112 $ 60,106 $ (19,477 ) $ 454 $ (19,023 ) Provision for (benefit from) income taxes $ 22,658 $ 42 $ 22,700 $ (7,382 ) $ 170 $ (7,212 ) Net income (loss) $ 37,336 $ 70 $ 37,406 $ (12,095 ) $ 284 $ (11,811 ) Net income (loss) per share: Net income (loss) per share, basic $ 0.43 $ — $ 0.43 $ (0.14 ) $ (0.01 ) $ (0.13 ) Net income (loss) per share, diluted $ 0.43 $ — $ 0.43 $ (0.14 ) $ (0.01 ) $ (0.13 ) Interest Rate Swap Agreements On June 10, 2015, the Company entered into five forward interest rate swap agreements (“the Forward Swaps”) to effectively fix the interest rate on the three month LIBOR-indexed interest payments associated with $1,000,000 of SEA’s outstanding long-term debt. The Forward Swaps have an effective date of September 30, 2016; have a total notional amount of $1,000,000; mature on May 14, 2020; require the Company to pay a weighted-average fixed rate of 2.45% per annum; pay swap counterparties a variable rate of interest based upon the greater of 0.75% or the three month BBA LIBOR; and have interest settlement dates occurring on the last day of September, December, March and June through maturity. As of June 30, 2015, SEA has four traditional interest rate swap agreements (collectively, the “Interest Rate Swap Agreements”). Three of the interest rate swap agreements have a combined notional amount of $1,000,000; mature on September 30, 2016; require the Company to pay a fixed rate of interest between 1.049% and 1.051% per annum; pay swap counterparties a variable rate of interest based upon the greater of 0.75% or the three month BBA LIBOR; and have interest settlement dates occurring on the last day of March, June, September and December through maturity. In April 2015, the Company executed the fourth traditional interest rate swap agreement to effectively fix the interest rate on $250,000 of the Term B-3 Loans. The interest rate swap has an effective date of June 30, 2015; has a notional amount of $250,000; is scheduled to mature on September 30, 2016; requires the Company to pay a fixed rate of interest of 0.901% per annum; pays swap counterparties a variable rate of interest based upon the greater of 0.75% or the three month BBA LIBOR; and has interest settlement dates occurring on the last day of September, December, March and June through maturity. SEA designated the Interest Rate Swap Agreements and the Forward Swaps above as qualifying cash flow hedge accounting relationships as further discussed in Note 7–Derivative Instruments and Hedging Activities which follows. Cash paid for interest relating to the Senior Secured Credit Facilities, the Senior Notes and the Interest Rate Swap Agreements was $35,201 and $37,355 for the six month period ended June 30, 2015 and 2014, respectively.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	7. DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Risk Management Objective of Using Derivatives The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s borrowings. The Company does not speculate using derivative instruments. As of June 30, 2015 and December 31, 2014, the Company did not have any derivatives outstanding that were not designated in hedge accounting relationships. Cash Flow Hedges of Interest Rate Risk The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. During the three and six months ended June 30, 2015 and 2014, such derivatives were used to hedge the variable cash flows associated with existing variable-rate debt. As of June 30, 2015, the Company had four outstanding interest rate swap agreements with a combined notional value of $1,250,000 and five forward interest rate swap agreements with a combined notional value of $1,000,000 that were designated as cash flow hedges of interest rate risk. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive loss and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. During the three and six months ended June 30, 2015, a loss of $1 and $287, respectively, related to the ineffective portion was recognized in other expense (income), net on the accompanying unaudited condensed consolidated statements of comprehensive income (loss). There was no ineffective portion during the three or six months ended June 30, 2014. Amounts reported in accumulated other comprehensive loss related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. During the next 12 months, the Company estimates that an additional $3,252 will be reclassified as an increase to interest expense. Tabular Disclosure of Fair Values of Derivative Instruments on the Balance Sheet The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the unaudited condensed consolidated balance sheets as of June 30, 2015 and December 31, 2014: As of June 30, 2015 As of December 31, 2014 Liability Derivatives Liability Derivatives Balance Sheet Fair Value Balance Sheet Fair Value Derivatives designated as hedging instruments: Interest rate swaps Other liabilities $ 2,516 Other liabilities $ 628 Forward interest rate swaps Other liabilities 5,868 — Total derivatives designated as hedging instruments $ 8,384 $ 628 The unrealized loss on derivatives is recorded net of a tax benefit of $2,892 for the six months ended June 30, 2015, and is included within the unaudited condensed consolidated statements of changes in stockholders’ equity. Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive Income (Loss) The table below presents the pre-tax effect of the Company’s derivative financial instruments on the unaudited condensed consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014: Three Months Ended Six Months Ended 2015 2014 2015 2014 Derivatives in Cash Flow Hedging Relationships: Loss related to effective portion of derivatives recognized in accumulated other comprehensive loss $ (6,832 ) $ (2,147 ) $ (8,981 ) $ (2,873 ) Gain related to effective portion of derivatives reclassified from accumulated other comprehensive loss to interest expense $ 739 $ 738 $ 1,469 $ 1,133 Loss related to ineffective portion of derivatives recognized in other expense (income), net $ (1 ) $ — $ (287 ) $ — Credit Risk-Related Contingent Features The Company has agreements with each of its derivative counterparties that contain a provision where if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. As of June 30, 2015, the termination value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $9,980. As of June 30, 2015, the Company has posted no collateral related to these agreements. If the Company had breached any of these provisions at June 30, 2015, it could have been required to settle its obligations under the agreements at their termination value of $9,980. Changes in Accumulated Other Comprehensive Loss The following table reflects the changes in accumulated other comprehensive loss for the six months ended June 30, 2015, net of tax: Accumulated other comprehensive loss: (Losses) Balance at December 31, 2014 $ (483 ) Other comprehensive loss before reclassifications (5,523 ) Amounts reclassified from accumulated other comprehensive loss to interest expense 903 Unrealized loss on derivatives, net of tax (4,620 ) Balance at June 30, 2015 $ (5,103 )

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	8. FAIR VALUE MEASUREMENTS Fair value is a market-based measurement, not an entity-specific measurement. Therefore, a fair value measurement is required to be determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, fair value accounting standards establish a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). The Company has determined that the majority of the inputs used to value its derivative financial instruments using the income approach fall within Level 2 of the fair value hierarchy. The Company uses readily available market data to value its derivatives, such as interest rate curves and discount factors. ASC 820, Fair Value Measurement, There were no transfers between Levels 1, 2 or 3 during the three or six months ended June 30, 2015. The Company did not have any assets measured at fair value as of June 30, 2015. The following table presents the Company’s estimated fair value measurements and related classifications as of June 30, 2015: Quoted Prices in for Identical (Level 1) Significant Other Observable Inputs Significant Balance at Liabilities: Derivative financial instruments (a) $ — $ 8,384 $ — $ 8,384 Long-term obligations (b) $ — $ 1,624,713 $ — $ 1,624,713 (a) Reflected at fair value in the unaudited condensed consolidated balance sheet as other liabilities of $8,384. (b) Reflected at carrying value in the unaudited condensed consolidated balance sheet as current maturities on long-term debt of $16,850 and long-term debt of $1,584,365 as of June 30, 2015. There were no transfers between Levels 1, 2 or 3 during the year ended December 31, 2014. The Company did not have any assets measured at fair value as of December 31, 2014. The following table presents the Company’s estimated fair value measurements and related classifications as of December 31, 2014: Quoted Prices in Active Markets for Identical (Level 1) Significant Significant Balance at Liabilities: Derivative financial instruments (a) $ — $ 628 $ — $ 628 Long-term obligations (b) $ — $ 1,352,438 $ 263,197 $ 1,615,635 (a) Reflected at fair value in the unaudited condensed consolidated balance sheet as other liabilities of $628. (b) Reflected at carrying value in the unaudited condensed consolidated balance sheet as current maturities on long-term debt of $14,050 and long-term debt of $1,569,400 as of December 31, 2014.

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related-Party Transactions	9. RELATED-PARTY TRANSACTIONS On January 5, March 3 and June 10, 2015, the Board declared a cash dividend of $0.21 per share to all common stockholders of record at the close of business on January 13, March 13 and June 22, 2015, respectively. In connection with these dividend declarations, certain affiliates of Blackstone were paid dividends in the amount of $4,095 on January 22, April 1 and July 1, 2015 (see Note 12–Stockholders’ Equity). The Company repurchased shares of its common stock from the selling stockholders concurrently with the closing of the secondary offering in April 2014. See further discussion in Note 12–Stockholders’ Equity. As of June 30, 2015, approximately $81,000 aggregate principal amount of Term B-2 Loans and $23,000 aggregate principal amount of Term B-3 Loans were owned by affiliates of Blackstone. As of December 31, 2014, approximately $65,000 aggregate principal amount of the Senior Notes and approximately $87,000 aggregate principal amount of Term B-2 Loans were owned by affiliates of Blackstone. The Company makes periodic interest payments on such debt in accordance with its terms. On April 7, 2015, the Senior Notes were redeemed as discussed in Note 6–Long-Term Debt.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. COMMITMENTS AND CONTINGENCIES Securities Class Action Lawsuit On September 9, 2014, a purported stockholder class action lawsuit consisting of purchasers of the Company’s common stock during the periods between April 18, 2013 to August 13, 2014, captioned Baker v. SeaWorld Entertainment, Inc., et al., Case No. 14-CV-02129-MMA (KSC), was filed in the U.S. District Court for the Southern District of California against the Company, the Chairman of the Company’s Board of Directors, certain of its executive officers and Blackstone. On February 27, 2015, Court-appointed Lead Plaintiffs, Pensionskassen For Børne- Og Ungdomspædagoger and Arkansas Public Employees Retirement System, together with additional plaintiffs, Oklahoma City Employee Retirement System and Pembroke Pines Firefighters and Police Officers Pension Fund (collectively, “Plaintiffs”), filed an amended complaint against the Company, the Chairman of the Company’s Board of Directors, certain of its executive officers, Blackstone, and underwriters of the initial public offering and secondary public offerings. The amended complaint alleges, among other things, that the prospectus and registration statements filed contained materially false and misleading information in violation of the federal securities laws and seeks unspecified compensatory damages and other relief. Plaintiffs contend that defendants knew or were reckless in not knowing that Blackfish was impacting SeaWorld’s business at the time of each public statement. On May 29, 2015, the Company and the other defendants filed a motion to dismiss the amended complaint. The plaintiffs filed an opposition to the motion to dismiss on July 31, 2015. The reply of the Company and the other defendants is due on September 18, 2015. The Company believes that the class action lawsuit is without merit and intends to defend the lawsuit vigorously; however, there can be no assurance regarding the ultimate outcome of this lawsuit. Shareholder Derivative Lawsuit On December 8, 2014, a putative derivative lawsuit captioned Kistenmacher v. Atchison, et al., Civil Action No. 10437, was filed in the Court of Chancery of the State of Delaware against, among others, the Chairman of the Board of Directors, certain of the Company’s executive officers, directors and shareholders, and Blackstone. The Company is a “Nominal Defendant” in the lawsuit. On March 30, 2015, the plaintiff filed an amended complaint against the same set of defendants. The amended complaint alleges, among other things, that the defendants breached their fiduciary duties, aided and abetted breaches of fiduciary duties, violated Florida Blue Sky laws and were unjustly enriched by (i) including materially false and misleading information in the prospectus and registration statements; and (ii) causing the Company to repurchase certain shares of its common stock from certain shareholders at an alleged artificially inflated price. The Company does not maintain any direct exposure to loss in connection with this shareholder derivative lawsuit as the lawsuit does not assert any claims against the Company. The Company’s status as a “Nominal Defendant” in the action reflects the fact that the lawsuit is maintained by the named plaintiff on behalf of the Company and that the plaintiff seeks damages on the Company’s behalf. On May 21, 2015, the defendants filed a motion to stay the lawsuit pending resolution of the Company’s securities class action lawsuit. Plaintiff has opposed defendants’ motion to stay, which is currently pending before the court. On June 29, 2015, the defendants filed a motion to dismiss the amended complaint. Consumer Class Action Lawsuits On March 25, 2015, a purported class action was filed in the United States District Court for the Southern District of California against the Company, captioned Holly Hall v. SeaWorld Entertainment, Inc., Case No. 3:15-cv-00600-CAB-RBB (the “Hall Matter”). The complaint identifies three putative classes consisting of all consumers nationwide who at any time during the four-year period preceding the filing of the original complaint, purchased an admission ticket, a membership or a SeaWorld “experience” that includes an “orca experience” from the SeaWorld amusement park in San Diego, California, Orlando, Florida or San Antonio, Texas respectively. The complaint alleges causes of action under California Unfair Competition Law, California Consumers Legal Remedies Act, California False Advertising Law, California Deceit statute, Florida Unfair and Deceptive Trade Practices Act, Texas Deceptive Trade Practices Act, as well as claims for Unjust Enrichment. Plaintiffs’ claims are based on their allegations that the Company misrepresented the physical living conditions and care and treatment of its killer whales, resulting in confusion or misunderstanding among ticket purchasers, and omitted material facts regarding its killer whales with intent to deceive and mislead the plaintiff and purported class members. The complaint further alleges that the specific misrepresentations heard and relied upon by Holly Hall, the sole named plaintiff, in purchasing her SeaWorld tickets concerned the circumstances surrounding the death of a SeaWorld trainer. The complaint seeks actual damages, equitable relief, attorney’s fees and costs. Plaintiff claims that the amount in controversy exceeds $5,000, but the liability exposure is speculative until the size of the class is determined (if certification is granted at all). The case is in the preliminary stages and a response to the complaint has not yet been filed. In addition, four other purported class actions were filed against the Company and its affiliates in the following federal courts on April 9, 2015, April 16, 2015, April 17, 2015 and May 7, 2015, respectively: (i) the United States District Court for the Middle District of Florida, captioned Joyce Kuhl v. SeaWorld LLC et al., 6:15-cv-00574-ACC-GJK, (ii) the United States District Court for the Southern District of California, captioned Jessica Gaab, et. al. v. SeaWorld Entertainment, Inc., Case No. 15:cv-842-CAB-RBB (the “Gaab Matter”), (iii) the United States District Court for the Western District of Texas, captioned Elaine Salazar Browne v. SeaWorld of Texas LLC et al., 5:15-cv-00301-XR and (iv) the United States District Court for the Southern District of California, captioned Valerie Simo et al. v. SeaWorld Entertainment, Inc., Case No. 15:cv-1022-CAB-RBB (the “Simo Matter”). These cases, in essence, reiterate the claims made and relief sought in the Hall Matter. On May 1, 2015, the cases in Florida and Texas were voluntarily dismissed without prejudice by the respective plaintiffs. On April 13, 2015, a purported class action was filed in the Superior Court of the State of California for the City and County of San Francisco against SeaWorld Parks and Entertainment, Inc., captioned Marc Anderson, et. al., v. SeaWorld Parks and Entertainment, Inc., Case No. CGC-15-545292 (the “Anderson Matter”). The putative class consists of all consumers within California who, within the past four years, purchased tickets to SeaWorld San Diego. On May 11, 2015, the plaintiffs filed a First Amended Class Action Complaint (the “Amended Complaint”). The Amended Complaint alleges causes of action under the California False Advertising Law, California Unfair Competition Law and California Consumers Legal Remedies Act. Plaintiffs’ claims are based on their allegations that the Company misrepresented the physical living conditions and care and treatment of its killer whales, resulting in confusion or misunderstanding among ticket purchasers, and omitted material facts regarding its killer whales with intent to deceive and mislead the plaintiff and purported class members. The Amended Complaint seeks actual damages, equitable relief, attorneys’ fees and costs. Based on Plaintiff’s definition of the class, the amount in controversy exceeds $5,000, but the liability exposure is speculative until the size of the class is determined (if certification is granted at all). On May 14, 2015, the Company removed the case to the United States District Court for the Northern District of California, Case No. 15:cv-2172-SC. The case is in the preliminary stages and a response to the Amended Complaint has not yet been filed. On May 19, 2015, the plaintiffs filed a motion to remand. This motion is set for hearing on August 28, 2015. On May 14, 2015, the Company filed a motion before the Judicial Panel on Multidistrict Litigation to have the Hall, Gaab, Simo, and Anderson Matters centralized and transferred to the Middle District of Florida, Orlando Division. The hearing on the Company’s motion to transfer was held on July 30, 2015 and on August 5, 2015 the Judicial Panel denied the Company’s motion. The Company believes that these consumer class action lawsuits are without merit and intends to defend these lawsuits vigorously; however, there can be no assurance regarding the ultimate outcome of these lawsuits. Other Matters The Company is a party to other various claims and legal proceedings arising in the normal course of business. From time to time, third-party groups may also bring lawsuits against the Company. Matters where an unfavorable outcome to the Company is probable and which can be reasonably estimated are accrued. Such accruals, which are not material for any period presented, are based on information known about the matters, the Company’s estimate of the outcomes of such matters, and the Company’s experience in contesting, litigating and settling similar matters. Matters that are considered reasonably possible to result in a material loss are not accrued for, but an estimate of the possible loss or range of loss is disclosed, if such amount or range can be determined. Management does not expect any known claims or legal proceedings to have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows.

Equity-Based Compensation

Equity-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity-Based Compensation	11. EQUITY-BASED COMPENSATION In accordance with ASC 718, Compensation-Stock Compensation, The Company has reserved 15,000,000 shares of common stock for issuance under the Company’s 2013 Omnibus Incentive Plan (the “Omnibus Incentive Plan”). The Omnibus Incentive Plan is administered by the Compensation Committee of the Board of Directors, and provides that the Company may grant equity incentive awards to eligible employees, directors, consultants or advisors in the form of stock options, stock appreciation rights, restricted stock, restricted stock units, and other stock-based and performance compensation awards. If an award under the Omnibus Incentive Plan terminates, lapses, or is settled without the payment of the full number of shares subject to the award, the undelivered shares may be granted again under the Omnibus Incentive Plan. As of June 30, 2015, there were 11,359,427 shares of common stock available for future issuance under the Company’s Omnibus Incentive Plan. Total equity compensation expense was $1,398 and $3,251 for the three and six months ended June 30, 2015, and $573 and $1,335 for the three and six months ended June 30, 2014, and is included in selling, general and administrative expenses and in operating expenses in the accompanying unaudited condensed consolidated statements of comprehensive income (loss). Total unrecognized equity compensation expense for all equity compensation awards probable of vesting as of June 30, 2015 was approximately $19,400 which is expected to be recognized over the respective service periods. The activity related to the Company’s time-vesting and performance-vesting share awards during the six months ended June 30, 2015 is as follows: Performance-Vesting Restricted shares Time-Vesting Bonus Performance Long-Term 2.25x Performance 2.75x Performance Shares Weighted Shares Weighted Average Grant Date Fair Value per Share Shares Weighted Shares Weighted Shares Weighted Outstanding at December 31, 2014 164,545 $ 11.68 — — — — 1,451,453 $ 20.96 1,451,453 $ 12.61 Granted 667,441 $ 19.06 447,627 $ 19.02 75,832 $ 18.96 — — — — Vested (154,325 ) $ 14.45 — — — — — — — — Forfeited (51,214 ) $ 11.81 (14,164 ) $ 18.96 (8,345 ) $ 18.96 (77,791 ) $ 22.89 (77,791 ) $ 15.75 Outstanding at June 30, 2015 626,447 $ 18.85 433,463 $ 19.03 67,487 $ 18.96 1,373,662 $ 20.81 1,373,662 $ 12.36 The activity related to the Company’s stock option awards during the six months ended June 30, 2015 is as follows: Options Weighted Weighted Aggregate Outstanding at December 31, 2014 — — Granted 1,992,594 $ 19.53 Exercised — — Forfeited (58,166 ) $ 18.96 Outstanding at June 30, 2015 1,934,428 $ 19.55 9.7 $ 8,710 Exercisable at June 30, 2015 — — — — Key weighted-average assumptions utilized in the Black-Scholes Option Pricing Model for stock options granted during the six months ended June 30, 2015 were: Grant date fair value $ 4.50 Risk-free interest rate 1.63 % Expected volatility 36.67 % Expected dividend yield 4.28 % Expected life (in years) 6.25 The expected life was estimated using the simplified method, as the Company does not have sufficient historical exercise data due to the limited period of time its common stock has been publicly traded. In addition, due to the Company’s limited history as a public company, the volatility for the Company’s stock at the date of each grant was estimated using the average volatility calculated for a peer group, which is based upon daily price observations over the estimated term of options granted. 2015 Bonus Plan Grant On March 3, 2015, the Board approved an annual bonus plan (the “2015 Bonus Plan”) for the fiscal year ending December 31, 2015 (the “Fiscal 2015”) under which certain employees are eligible to receive a bonus with respect to Fiscal 2015, payable 50% in cash and 50% in performance-vesting restricted shares (the “Bonus Performance Restricted shares”) based upon the Company’s achievement of pre-established performance goals with respect to Adjusted EBITDA. Once Adjusted EBITDA is finalized for Fiscal 2015, the Bonus Performance Restricted shares vest if the performance goal is met and forfeit immediately if the performance goal is not met or if the employee terminates prior to the last day of Fiscal 2015. Subsequent grants were made on July 1 and may be made on October 1, 2015 to newly hired bonus-eligible employees based on their hire date and/or to certain newly promoted employees. In accordance with ASC 718, equity compensation expense is not recorded until the performance condition is probable of being achieved. Based on the Company’s progress toward the Adjusted EBITDA performance goal, the Bonus Performance Restricted shares are not considered probable of vesting as of June 30, 2015; therefore, no equity compensation expense has been recorded related to these shares. If the performance condition is considered probable of being achieved in a subsequent period, all equity compensation expense that would have been recorded over the requisite service period had the condition been considered probable from inception, will be recorded as a cumulative catch-up at such subsequent date. Total unrecognized equity compensation expense related to the Bonus Performance Restricted shares not considered probable of vesting was approximately $8,200 as of June 30, 2015. 2015 Long-Term Incentive Plan Grant On March 3, 2015, the Board also approved a long-term incentive plan grant (the “2015 Long-Term Incentive Plan”) for Fiscal 2015 comprised of nonqualified stock options (“Long-Term Incentive Options”), time-vesting restricted shares (“Long-Term Incentive Time Restricted shares”) and performance-vesting restricted shares (“Long-Term Incentive Performance Restricted shares”) to certain of the Company’s management and executive officers. Subsequent grants were made on July 1 and may be made on October 1, 2015 to newly hired or promoted management and executive officers as deemed appropriate. Long-Term Incentive Options The Long-Term Incentive Options vest ratably over four years from the date of grant (25% per year), subject to continued employment through the applicable vesting date and will expire 10 years from the date of grant or earlier if the employee’s service terminates. The options have an exercise price per share equal to the closing price of the Company’s common stock on the date of grant. Equity compensation expense will be recognized using the straight line method over the four year vesting period. Time-Vesting Restricted Shares The Long-Term Incentive Time Restricted shares vest ratably over four years from the date of grant (25% per year), subject to continued employment through the applicable vesting date. Equity compensation expense will be recognized using the straight line method over the four year vesting period. Performance-Vesting Restricted Stock The Long-Term Incentive Performance Restricted shares vest following the end of a three-year performance period beginning on January 1, 2015 and ending on December 31, 2017 based upon the Company’s achievement of certain performance goals with respect to Adjusted EBITDA for each fiscal year performance period. The total number of shares eligible to vest is based on the level of achievement of the Adjusted EBITDA target for each fiscal year in the performance period which ranges from 0% (if below threshold performance), to 50% (for threshold performance), to 100% (for target performance), and up to 200% (at or above maximum performance). For actual performance between the specified threshold, target, and maximum levels, the resulting vesting percentage will be adjusted on a linear basis. Total shares earned (approximately 33% are eligible to be earned per year) based on the actual performance percentage for each performance year will vest on the date the Company’s Compensation Committee determines the actual performance percentage for fiscal year 2017 if the employee has not terminated prior to the last day of fiscal year 2017 and all unearned shares will forfeit immediately as of such date. The Adjusted EBITDA target for each fiscal year will be set in the first quarter of each respective year, at which time the grant date and the grant-date fair value for accounting purposes related to that performance year will be established based on the closing price of the Company’s stock on such date. Equity compensation expense will be recognized ratably for each fiscal year, if the performance condition is probable of being achieved, beginning on the date of grant and through the end of the final performance period on December 31, 2017. During the six months ended June 30, 2015, the Company awarded 202,491 Long-Term Incentive Performance Restricted shares, net of forfeitures, under the 2015 Long-Term Incentive Plan, which represents the total shares that could be earned under the maximum performance level of achievement for all three performance periods combined, with approximately one-third related to each respective performance period. The performance goal for the first performance period was established as of the award date, as such, for accounting purposes, 67,487 of these shares have a grant date of March 3, 2015 and a grant-date fair value per share of $18.96 determined using the closing price of the Company’s common stock on the date of grant. The performance targets for the second and third performance periods have not yet been set and will be determined by the Compensation Committee during the first quarter of each respective fiscal year, at which time, for accounting purposes, the grant date and respective grant-date fair value will be determined for those related shares. As the Long-Term Incentive Performance Restricted shares have both a service and a performance condition, the requisite service period over which equity compensation expense will be recognized once the performance condition is probable of achievement begins on the date of grant and extends through December 31, 2017. Based on the Company’s progress toward the Adjusted EBITDA performance goal for the first performance period, a percentage of the target performance level for the first performance period is considered probable, as such 21,597 Long-Term Incentive Performance Restricted shares related to the 2015 performance year are considered probable of vesting as of June 30, 2015. Total unrecognized equity compensation expense related to the first performance period expected to be recognized over the remaining vesting term if performance conditions continue to be probable of vesting at the current percentage of the target performance level was approximately $365 as of June 30, 2015. Unrecognized equity compensation expense related to the maximum performance level for the first performance period is an additional $870 as of June 30, 2015. Total unrecognized equity compensation expense related to the second and third performance periods has not been determined as the grant date and grant-date fair value for these awards have not yet occurred for accounting purposes, as such no expense has been recorded related to the second and third performance periods. Other 2015 Grants On January 15, 2015, the Company granted 100,000 time-vesting restricted shares to its Interim Chief Executive Officer (the “Interim CEO”) in accordance with his appointment to such role. The shares had a grant date fair value per share of $16.50 and a vest date on the earlier of the start date of a new Chief Executive Officer or June 30, 2015. As a new Chief Executive Officer was appointed with a start date of April 7, 2015, these shares fully vested on such date accordingly. Also during the six months ended June 30, 2015, the Company granted 49,284 of time-vesting restricted shares to certain Board members. These shares vest ratably over a three-year term. On April 7, 2015, in connection with the appointment of the Company’s new President and Chief Executive Officer, the Company granted 27,623 Bonus Performance Restricted shares, 249,875 time-vesting restricted shares and 1,089,324 nonqualified stock options to the Company’s President and Chief Executive Officer. The time-vesting restricted shares and the nonqualified stock options vest ratably over four years. 2.25x and 2.75x Performance Restricted Shares The Company has outstanding under both its Omnibus Incentive Plan and its previous incentive plan (the “Pre-IPO Incentive Plan”) certain performance-vesting restricted shares consisting of 2.25x and 2.75x Performance Restricted shares. The 2.25x Performance Restricted shares will vest if the employee is employed by the Company when and if certain investment funds affiliated with Blackstone receive cash proceeds (not subject to any clawback, indemnity or similar contractual obligation) in respect of their Partnerships units equal to (x) a 20% annualized effective compounded return rate on such funds’ investment and (y) a 2.25x multiple on such funds’ investment. The 2.75x Performance Restricted shares will vest if the employee is employed by the Company when and if such funds receive cash proceeds (not subject to any clawback, indemnity or similar contractual obligation) in respect of their Partnerships units equal to (x) a 15% annualized effective compounded return rate on such funds’ investment and (y) a 2.75x multiple on such funds’ investment. No equity compensation expense will be recorded related to the 2.25x and 2.75x Performance Restricted shares until their vesting is probable. Accordingly, no equity compensation expense has been recorded during the three and six months ended June 30, 2015 or 2014 related to these 2.25x and 2.75x Performance Restricted shares. Total unrecognized equity compensation expense as of June 30, 2015, was approximately $29,000 and $17,000 for the 2.25x and 2.75x Performance Restricted shares, respectively. Based on cash proceeds previously received by certain investment funds affiliated with Blackstone from the Company’s initial public offering and subsequent secondary offerings of stock, the Company’s repurchase of shares and the cumulative dividends paid by the Company through July 1, 2015, if such funds receive additional future cash proceeds of approximately $7,000 and other vesting conditions are satisfied, the 2.25x Performance Restricted shares will vest. Similarly, if such funds receive additional future cash proceeds of approximately $435,000 and other vesting conditions are satisfied, the 2.75x Performance Restricted shares will vest. As receipt of these future cash proceeds will be primarily related to liquidity events, such as secondary offerings of stock, the shares are not considered probable of vesting until such events are consummated.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity	12. STOCKHOLDERS’ EQUITY As of June 30, 2015, 90,303,587 shares of common stock were issued on the accompanying unaudited condensed consolidated balance sheet, which excludes 4,009,725 unvested shares of common stock held by certain participants in the Company’s equity compensation plans (see Note 11–Equity-Based Compensation) and includes 4,105,970 shares of treasury stock held by the Company. Dividends The Board has adopted a policy to pay, subject to legally available funds, a regular quarterly dividend. The payment of cash dividends is within the discretion of the Board and depends on many factors, including, but not limited to, the Company’s results of operations, financial condition, level of indebtedness, capital requirements, contractual restrictions, restrictions in its debt agreements and in any preferred stock, business prospects and other factors that the Board may deem relevant. In the six months ended June 30, 2015, the Board declared or paid quarterly cash dividends to all common stockholders of record as follows: Record Date Payment Date Cash Dividend January 13, 2015 January 22, 2015 $ 0.21 March 13, 2015 April 1, 2015 $ 0.21 June 22, 2015 July 1, 2015 $ 0.21 As the Company had an accumulated deficit at the time the March 13 and June 22, 2015 dividends were declared, these dividends were accounted for as a return of capital and recorded as a reduction to additional paid-in capital on the accompanying unaudited condensed consolidated statement of changes in stockholders’ equity. Dividends declared to common stockholders were $54,482 in the six months ended June 30, 2015. The Company expects that for tax purposes, a portion of these dividends will be treated as a return of capital to stockholders. As of June 30, 2015, the Company had $18,391 of cash dividends recorded as dividends payable in the accompanying unaudited condensed consolidated balance sheet, of which approximately $18,100 was paid on July 1, 2015. The remainder of the dividends payable relates to unvested time restricted shares and unvested performance restricted shares with a performance condition considered probable of being achieved. These shares carry dividend rights and therefore the dividends will be paid as the shares vest in accordance with the underlying stock compensation grants. These dividend rights will be forfeited if the shares do not vest. Dividends on the 2.25x and 2.75x Performance Restricted shares were approximately $2,540 for each tranche and will accumulate and be paid only if and to the extent these 2.25x and 2.75x Performance Restricted shares vest in accordance with their terms. Dividends on the Bonus Performance Restricted shares were approximately $177 and will accumulate and be paid only if these shares vest in accordance with their terms. Dividends on the Long-Term Incentive Performance Restricted shares related to the first performance period were approximately $28, of which approximately $9 was recorded related to the portion of the shares considered probable of vesting. The remainder will accumulate and be paid only if the respective shares vest in accordance with their terms. The Company does not record a dividend payable when the performance conditions on the related unvested shares are not considered probable of being achieved. Secondary Offerings and Share Repurchases In April 2014, the selling stockholders completed an underwritten secondary offering of 17,250,000 shares of common stock. The selling stockholders received all of the net proceeds from the offering and no shares were sold by the Company. In the three and six months ended June 30, 2014, the Company incurred fees and expenses of $73 and $747, respectively, in connection with the secondary offering, which is shown as secondary offering expense on the accompanying unaudited condensed consolidated statements of comprehensive income (loss). Concurrently with the closing of the secondary offering in April 2014, the Company repurchased 1,750,000 shares of its common stock directly from the selling stockholders in a private, non-underwritten transaction at a price per share equal to the price per share paid to the selling stockholders by the underwriters in the secondary offering. On August 12, 2014, the Board authorized the repurchase of up to $250,000 of the Company’s common stock (the “Share Repurchase Program”). Under the Share Repurchase Program, the Company is authorized to repurchase shares through open market purchases, privately-negotiated transactions or otherwise in accordance with applicable federal securities laws, including through Rule 10b5-1 trading plans and under Rule 10b-18 of the Exchange Act. The Share Repurchase Program has no time limit and may be suspended or discontinued completely at any time. The number of shares to be purchased and the timing of purchases will be based on the level of the Company’s cash balances, general business and market conditions, and other factors, including legal requirements, debt covenant restrictions and alternative investment opportunities. Pursuant to the Share Repurchase Program, during the fourth quarter of 2014, the Company repurchased a total of 855,970 shares of common stock at an average price of $17.50 per share and a total cost of approximately $15,000, leaving $235,000 available for future repurchases under the Share Repurchase Program. During the six months ended June 30, 2015, the Company paid $5,650 for settlement of shares repurchased in December 2014. No shares were repurchased in the six months ended June 30, 2015 under the Share Repurchase Program. All of the repurchased shares from the Share Repurchase Program and shares repurchased directly from the selling stockholders during previous secondary offerings were recorded as treasury stock at a total cost of $109,871 as of June 30, 2015 and December 31, 2014 and are reflected as a reduction to stockholders’ equity on the accompanying unaudited condensed consolidated balance sheets and unaudited condensed consolidated statement of changes in stockholders’ equity.

Restructuring Program

Restructuring Program	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring Program	13. RESTRUCTURING PROGRAM In December 2014, the Company implemented a restructuring program in an effort to centralize certain operations and reduce duplication of functions to increase efficiencies (the “Restructuring Program”). The Restructuring Program involved the elimination of approximately 300 positions across the Company’s eleven theme parks and corporate headquarters. As a result, the Company has incurred total cumulative costs of $11,834 in pre-tax restructuring and other related costs associated with this Restructuring Program, of which $122 and $267 was incurred in the three and six months ended June 30, 2015, respectively, on the accompanying unaudited condensed consolidated statements of comprehensive income (loss). The Company does not expect to incur any additional costs associated with the Restructuring Plan as all continuing service obligations were completed as of June 30, 2015. The Restructuring Program activity for the six months ended June 30, 2015 was as follows: Severance and Liability as of December 31, 2014 $ 7,691 Costs incurred 267 Payments made (7,958 ) Liability as of June 30, 2015 $ —

Description of the Business a21

Description of the Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K filed with the SEC. The unaudited condensed consolidated balance sheet as of December 31, 2014 has been derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K. In the opinion of management, such unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations for the year ending December 31, 2015 or any future period due to the seasonal nature of the Company’s operations. Based upon historical results, the Company typically generates its highest revenues in the second and third quarters of each year and incurs a net loss in the first and fourth quarters, in part because six of its theme parks are only open for a portion of the year. The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, including SEA. All intercompany accounts have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions include, but are not limited to, the accounting for self-insurance, deferred tax assets, deferred revenue, equity compensation and the valuation of goodwill and other indefinite-lived intangible assets. Actual results could differ from those estimates.
Segment Reporting	Segment Reporting The Company maintains discrete financial information for each of its eleven theme parks, which is used by the Chief Operating Decision Maker (“CODM”), identified as the Chief Executive Officer, as a basis for allocating resources. Each theme park has been identified as an operating segment and meets the criteria for aggregation due to similar economic characteristics. In addition, all of the theme parks provide similar products and services and share similar processes for delivering services. The theme parks have a high degree of similarity in the workforces and target similar consumer groups. Accordingly, based on these economic and operational similarities and the way the CODM monitors the operations, the Company has concluded that its operating segments may be aggregated and that it has one reportable segment.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the 2015 presentation, in particular debt issuance costs, which were previously included in other assets, have been reclassified to long-term debt as a result of the adoption of a new Accounting Standards Update (“ASU”). See Note 2–Recently Issued Accounting Pronouncement for further details.
Revision of Previously Issued Financial Statements	Revision of Previously Issued Financial Statements In the third quarter of 2014, the Company conducted an internal review of its application of the guidance in Accounting Standards Codification (“ASC”) 470-50, Debt-Modifications and Extinguishments, Assessing Materiality
Recently Issued Accounting Pronouncements	The Company reviews new accounting pronouncements as they are issued or proposed by the Financial Accounting Standards Board (“FASB”). In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. In June 2015, the Company elected to early adopt ASU No. 2015-03, Interest – Imputation of Interest (Topic 835): Simplifying the Presentation of Debt Issuance Costs. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition
Equity-Based Compensation	In accordance with ASC 718, Compensation-Stock Compensation,

Earnings (Loss) per Share (Tabl

Earnings (Loss) per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) per Share	Earnings (loss) per share is computed as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net Shares Per Net Shares Per Net Loss Shares Per Net Loss Shares Per Basic earnings (loss) per share $ 5,809 86,186 $ 0.07 $ 37,406 86,877 $ 0.43 $ (37,789 ) 86,142 $ (0.44 ) $ (11,811 ) 87,642 $ (0.13 ) Effect of dilutive incentive-based awards 105 312 — — Diluted earnings (loss) per share $ 5,809 86,291 $ 0.07 $ 37,406 87,189 $ 0.43 $ (37,789 ) 86,142 $ (0.44 ) $ (11,811 ) 87,642 $ (0.13 )

Other Accrued Expenses (Tables)

Other Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Schedule of Other Accrued Expenses	Other accrued expenses at June 30, 2015 and December 31, 2014, consisted of the following: June 30, December 31, 2015 2014 Accrued property taxes $ 7,339 $ 2,039 Accrued interest 464 2,604 Self-insurance reserve 7,078 7,800 Other 2,002 7,706 Total other accrued expenses $ 16,883 $ 20,149

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt as of June 30, 2015 and December 31, 2014 consisted of the following: June 30, December 31, 2015 2014 Term B-2 Loans (effective interest rate of 3.26% at June 30, 2015 and December 31, 2014) $ 1,345,413 $ 1,352,438 Term B-3 Loans (effective interest rate of 4.33% at June 30, 2015) 279,300 — Revolving Credit Facility — — Senior Notes (effective interest rate of 12.07% at December 31, 2014) — 260,000 Total long-term debt 1,624,713 1,612,438 Less discounts (8,213 ) (8,985 ) Less debt issuance costs (15,285 ) (20,003 ) Less current maturities (16,850 ) (14,050 ) Total long-term debt, net $ 1,584,365 $ 1,569,400
Summary of Long-Term Debt Repayable	Long-term debt at June 30, 2015, is repayable as follows: Years Ending 2015 $ 8,425 2016 16,850 2017 16,850 2018 16,850 2019 16,850 Thereafter 1,548,888 Total $ 1,624,713
Schedule of Impact of Corrections on Affected Financial Statements (Previously Issued Quarterly Periods)	The following table presents the impact of the corrections on previously issued periods included within this Quarterly Report on Form 10-Q (see the “Revision of Previously Issued Financial Statements” For the Three Months Ended June 30, 2014 For the Six Months Ended June 30, 2014 As Previously Adjustments As Revised As Previously Adjustments As Revised Selected Statements of Comprehensive Income (Loss) Data: Interest expense $ 20,638 $ (112 ) $ 20,526 $ 40,684 $ (454 ) $ 40,230 Income (loss) before income taxes $ 59,994 $ 112 $ 60,106 $ (19,477 ) $ 454 $ (19,023 ) Provision for (benefit from) income taxes $ 22,658 $ 42 $ 22,700 $ (7,382 ) $ 170 $ (7,212 ) Net income (loss) $ 37,336 $ 70 $ 37,406 $ (12,095 ) $ 284 $ (11,811 ) Net income (loss) per share: Net income (loss) per share, basic $ 0.43 $ — $ 0.43 $ (0.14 ) $ (0.01 ) $ (0.13 ) Net income (loss) per share, diluted $ 0.43 $ — $ 0.43 $ (0.14 ) $ (0.01 ) $ (0.13 )

Derivative Instruments and He25

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value of Company's Derivative Financial Instruments Classification on Unaudited Condensed Consolidated Balance Sheets	Tabular Disclosure of Fair Values of Derivative Instruments on the Balance Sheet The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the unaudited condensed consolidated balance sheets as of June 30, 2015 and December 31, 2014: As of June 30, 2015 As of December 31, 2014 Liability Derivatives Liability Derivatives Balance Sheet Fair Value Balance Sheet Fair Value Derivatives designated as hedging instruments: Interest rate swaps Other liabilities $ 2,516 Other liabilities $ 628 Forward interest rate swaps Other liabilities 5,868 — Total derivatives designated as hedging instruments $ 8,384 $ 628
Schedule of Pre-tax Effect of Derivative Financial Instruments on Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss)	Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive Income (Loss) The table below presents the pre-tax effect of the Company’s derivative financial instruments on the unaudited condensed consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014: Three Months Ended Six Months Ended 2015 2014 2015 2014 Derivatives in Cash Flow Hedging Relationships: Loss related to effective portion of derivatives recognized in accumulated other comprehensive loss $ (6,832 ) $ (2,147 ) $ (8,981 ) $ (2,873 ) Gain related to effective portion of derivatives reclassified from accumulated other comprehensive loss to interest expense $ 739 $ 738 $ 1,469 $ 1,133 Loss related to ineffective portion of derivatives recognized in other expense (income), net $ (1 ) $ — $ (287 ) $ —
Schedule of Changes in Accumulated Other Comprehensive Loss	Changes in Accumulated Other Comprehensive Loss The following table reflects the changes in accumulated other comprehensive loss for the six months ended June 30, 2015, net of tax: Accumulated other comprehensive loss: (Losses) Balance at December 31, 2014 $ (483 ) Other comprehensive loss before reclassifications (5,523 ) Amounts reclassified from accumulated other comprehensive loss to interest expense 903 Unrealized loss on derivatives, net of tax (4,620 ) Balance at June 30, 2015 $ (5,103 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value	The following table presents the Company’s estimated fair value measurements and related classifications as of June 30, 2015: Quoted Prices in for Identical (Level 1) Significant Other Observable Inputs Significant Balance at Liabilities: Derivative financial instruments (a) $ — $ 8,384 $ — $ 8,384 Long-term obligations (b) $ — $ 1,624,713 $ — $ 1,624,713 (a) Reflected at fair value in the unaudited condensed consolidated balance sheet as other liabilities of $8,384. (b) Reflected at carrying value in the unaudited condensed consolidated balance sheet as current maturities on long-term debt of $16,850 and long-term debt of $1,584,365 as of June 30, 2015. There were no transfers between Levels 1, 2 or 3 during the year ended December 31, 2014. The Company did not have any assets measured at fair value as of December 31, 2014. The following table presents the Company’s estimated fair value measurements and related classifications as of December 31, 2014: Quoted Prices in Active Markets for Identical (Level 1) Significant Significant Balance at Liabilities: Derivative financial instruments (a) $ — $ 628 $ — $ 628 Long-term obligations (b) $ — $ 1,352,438 $ 263,197 $ 1,615,635 (a) Reflected at fair value in the unaudited condensed consolidated balance sheet as other liabilities of $628. (b) Reflected at carrying value in the unaudited condensed consolidated balance sheet as current maturities on long-term debt of $14,050 and long-term debt of $1,569,400 as of December 31, 2014.

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Employee Stock Performance Activity	The activity related to the Company’s time-vesting and performance-vesting share awards during the six months ended June 30, 2015 is as follows: Performance-Vesting Restricted shares Time-Vesting Bonus Performance Long-Term 2.25x Performance 2.75x Performance Shares Weighted Shares Weighted Average Grant Date Fair Value per Share Shares Weighted Shares Weighted Shares Weighted Outstanding at December 31, 2014 164,545 $ 11.68 — — — — 1,451,453 $ 20.96 1,451,453 $ 12.61 Granted 667,441 $ 19.06 447,627 $ 19.02 75,832 $ 18.96 — — — — Vested (154,325 ) $ 14.45 — — — — — — — — Forfeited (51,214 ) $ 11.81 (14,164 ) $ 18.96 (8,345 ) $ 18.96 (77,791 ) $ 22.89 (77,791 ) $ 15.75 Outstanding at June 30, 2015 626,447 $ 18.85 433,463 $ 19.03 67,487 $ 18.96 1,373,662 $ 20.81 1,373,662 $ 12.36
Schedule of Activity Related to Stock Option Awards	The activity related to the Company’s stock option awards during the six months ended June 30, 2015 is as follows: Options Weighted Weighted Aggregate Outstanding at December 31, 2014 — — Granted 1,992,594 $ 19.53 Exercised — — Forfeited (58,166 ) $ 18.96 Outstanding at June 30, 2015 1,934,428 $ 19.55 9.7 $ 8,710 Exercisable at June 30, 2015 — — — —
Schedule of Key Weighted-average Assumptions Utilized in Black-Scholes Option Pricing Model for Stock Options Granted	Key weighted-average assumptions utilized in the Black-Scholes Option Pricing Model for stock options granted during the six months ended June 30, 2015 were: Grant date fair value $ 4.50 Risk-free interest rate 1.63 % Expected volatility 36.67 % Expected dividend yield 4.28 % Expected life (in years) 6.25

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Schedule of Quarterly Cash Dividends to Common Stockholders	In the six months ended June 30, 2015, the Board declared or paid quarterly cash dividends to all common stockholders of record as follows: Record Date Payment Date Cash Dividend January 13, 2015 January 22, 2015 $ 0.21 March 13, 2015 April 1, 2015 $ 0.21 June 22, 2015 July 1, 2015 $ 0.21

Restructuring Program (Tables)

Restructuring Program (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Program Activity	The Restructuring Program activity for the six months ended June 30, 2015 was as follows: Severance and Liability as of December 31, 2014 $ 7,691 Costs incurred 267 Payments made (7,958 ) Liability as of June 30, 2015 $ —

Description of the Business a30

Description of the Business and Basis of Presentation - Additional Information (Detail) - Jun. 30, 2015	PartnershipBusinessSegment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of limited partnerships which owned the Company | Partnership	10
Number of theme parks owned and operated	11
Number of theme parks opened for a portion of the year	6
Number of reportable segment | Segment	1

Recently Issued Accounting Pr31

Recently Issued Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Debt issuance costs	$ 15,285	$ 20,003

Earnings (Loss) per Share - Sch

Earnings (Loss) per Share - Schedule of Earnings (Loss) per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Basic earnings (loss) per share, Net Income (Loss)	$ 5,809	$ 37,406	$ (37,789)	$ (11,811)
Diluted earnings (loss) per share, Net Income (Loss)	$ 5,809	$ 37,406	$ (37,789)	$ (11,811)
Basic earnings (loss) per share, Shares	86,186	86,877	86,142	87,642
Effect of dilutive incentive-based awards, Shares	105	312
Diluted earnings (loss) per share, Shares	86,291	87,189	86,142	87,642
Basic earnings (loss) per share, Per Share Amount	$ 0.07	$ 0.43	$ (0.44)	$ (0.13)
Diluted earnings (loss) per share, Per Share Amount	$ 0.07	$ 0.43	$ (0.44)	$ (0.13)

Earnings (Loss) per Share - Add

Earnings (Loss) per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Potentially dilutive shares excluded from the calculation of diluted loss per share	1,933,000	17,000	1,583,000	324,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Effective tax rate	38.60%	37.80%	38.20%	37.90%

Other Accrued Expenses - Schedu

Other Accrued Expenses - Schedule of Other Accrued Expenses (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Accrued property taxes	$ 7,339	$ 2,039
Accrued interest	464	2,604
Self-insurance reserve	7,078	7,800
Other	2,002	7,706
Total other accrued expenses	$ 16,883	$ 20,149

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term debt	$ 1,624,713	$ 1,612,438
Long-term debt	1,624,713	1,612,438
Less discounts	(8,213)	(8,985)
Less debt issuance costs	(15,285)	(20,003)
Less current maturities	(16,850)	(14,050)
Total long-term debt, net	1,584,365	1,569,400
Term B-2 Loans [Member]
Debt Instrument [Line Items]
Long-term debt	1,345,413	1,352,438
Long-term debt	1,345,413	1,352,438
Term B-3 Loans [Member]
Debt Instrument [Line Items]
Long-term debt	279,300
Long-term debt	279,300
Less discounts	$ (1,400)
Senior Notes [Member]
Debt Instrument [Line Items]
Long-term debt		260,000
Long-term debt		$ 260,000

Long-Term Debt - Summary of L37

Long-Term Debt - Summary of Long-Term Debt (Parenthetical) (Detail)	Jun. 30, 2015	Dec. 31, 2014
Term B-2 Loans [Member]
Debt Instrument [Line Items]
Debt instrument interest rate effective percentage	3.26%	3.26%
Term B-3 Loans [Member]
Debt Instrument [Line Items]
Debt instrument interest rate effective percentage	4.33%
Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument interest rate effective percentage		12.07%

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	Apr. 07, 2015USD ($)	Jun. 30, 2015USD ($)Swap	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Swap	Jun. 30, 2014USD ($)	Jun. 10, 2015USD ($)	Apr. 30, 2015USD ($)	Dec. 31, 2014USD ($)	May. 14, 2013	Dec. 01, 2009USD ($)
Debt Instrument [Line Items]
Unamortized discount		$ 8,213,000		$ 8,213,000				$ 8,985,000
Long-term debt		1,624,713,000		1,624,713,000				1,612,438,000
Mandatory prepayments		0	$ 0	0	$ 0
Outstanding letters of credit		18,000,000		18,000,000
Letters of credit available amount		174,500,000		$ 174,500,000
Commitment fees on unused portion of facility				0.50%
Restrictive covenants, description				The Senior Secured Credit Facilities permit restricted payments in an aggregate amount per annum not to exceed the greater of (1) 6% of initial public offering net proceeds received by SEA or (2) (a) $90,000, so long as, on a Pro Forma Basis (as defined in the Senior Secured Credit Facilities) after giving effect to the payment of any such restricted payment, the Total Leverage Ratio, (as defined in the Senior Secured Credit Facilities), is no greater than 5.00 to 1.00 and greater than 4.50 to 1.00, (b) $120,000, so long as, on a Pro Forma Basis after giving effect to the payment of any such restricted payment, the Total Leverage Ratio is no greater than 4.50 to 1.00 and greater than 4.00 to 1.00, (c) the greater of (A) $120,000 and (B) 7.5% of Market Capitalization (as defined in the Senior Secured Credit Facilities), so long as, on a Pro Forma Basis after giving effect to the payment of any such restricted payment, the Total Leverage Ratio is no greater than 4.00 to 1.00 and greater than 3.50 to 1.00 and (d) an unlimited amount, so long as, on a Pro Forma Basis after giving effect to the payment of any such restricted payment, the Total Leverage Ratio is no greater than 3.50 to 1.00.
Percentage of initial public offering net proceeds in restricted payments				6.00%
Percentage of Market Capitalization on restricted payment				7.50%
Restrictive covenants, restricted payments used				$ 54,500,000
Restrictive covenants, restricted payments capacity remaining				65,500,000
Cash paid for interest				$ 35,201,000	$ 37,355,000
Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, balance										$ 400,000,000
Long-term debt, maturity date				Dec. 1, 2016
Redemption price for Senior Notes Percentage	105.50%
Debt redemption premium	$ 14,300,000
Write-off discounts and debt issuance costs	6,048,000
Long-term debt								260,000,000
Term B-3 Loans [Member]
Debt Instrument [Line Items]
Debt instrument, balance	280,000,000
Long-term debt, maturity date				May 14, 2020
Repayment of Senior Notes outstanding principal amount	$ 260,000,000
Unamortized discount		1,400,000		$ 1,400,000
Debt issuance costs		3,171,000
Long-term debt		$ 279,300,000		$ 279,300,000
Interest rate, description				Borrowings of Term B-3 Loans bear interest at a fluctuating rate per annum equal to, at SEA's option, (i) a base rate equal to the higher of (a) the federal funds rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America, N.A. as its "prime rate" or (ii) a LIBOR rate determined by reference to the BBA LIBOR rate, or the successor thereto if the BBA is no longer making a LIBOR rate available, for the interest period relevant to such borrowing.
Debt instrument interest rate selected percentage		4.00%		4.00%
Percent of original principal amount on effective date used to calculate aggregate annual amount which will amortize in equal quarterly installments	1.00%
Term B-2 Loans [Member]
Debt Instrument [Line Items]
Debt instrument, balance										$ 1,405,000,000
Long-term debt, maturity date				May 14, 2020
Long-term debt		$ 1,345,413,000		$ 1,345,413,000				$ 1,352,438,000
Interest rate, description				The Term B-2 Loans were initially borrowed in an aggregate principal amount of $1,405,000. Borrowings under the Senior Secured Credit Facilities bear interest, at SEA’s option, at a rate equal to a margin over either (a) a base rate determined by reference to the higher of (1) the rate of interest in effect for such day as publicly announced from time to time by Bank of America, N.A. as its “prime rate” and (2) the federal funds effective rate plus 1/2 of 1% or (b) a LIBOR rate determined by reference to the British Bankers Association (“BBA”) LIBOR rate, or the successor thereto if the BBA is no longer making a LIBOR rate available, for the interest period relevant to such borrowing.
Basis point step-down in applicable margin, description				The applicable margin for the Term B-2 Loans (under either a base rate or LIBOR rate) is subject to one 25 basis point step-down upon achievement by SEA of a certain total net leverage ratio.
Basis point step down on applicable margin upon achievement of certain leverage ratio				0.25%
Debt instrument interest rate selected percentage		3.00%		3.00%
Percent of original principal amount on effective date used to calculate aggregate annual amount which will amortize in equal quarterly installments									1.00%
Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Percentage of annual excess cash flow used to prepay outstanding loan				50.00%
Percentage of net proceeds from sale of non-ordinary assets		100.00%		100.00%
Percentage of net proceeds incurrence of debt				100.00%
First lien secured net leverage ratio				3.50%
Federal Funds Rate [Member] | Term B-3 Loans [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans	0.50%
Federal Funds Rate [Member] | Term B-2 Loans [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans				0.50%
Base Rate Loan [Member] | Term B-3 Loans [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans	2.25%
Floor rate	1.75%
Base Rate Loan [Member] | Term B-2 Loans [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans				1.25%
Floor rate				1.75%
LIBOR Rate Loan [Member] | Term B-3 Loans [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans	3.25%
Floor rate	0.75%
LIBOR Rate Loan [Member] | Term B-2 Loans [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans				2.25%
Floor rate				0.75%
Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Maturity of interest rate swap				Sep. 30, 2016
Variable rate of interest		0.75%		0.75%
Interest Rate Swaps [Member] | Term B-3 Loans [Member]
Debt Instrument [Line Items]
Notional amount of interest rate swap							$ 250,000,000
Maturity of interest rate swap				Sep. 30, 2016
Variable rate of interest		0.75%		0.75%
Fixed rate of interest on swaps		0.901%		0.901%
Interest Rate Swaps [Member] | Combined Interest Rate Cash Flow Hedges On Three Swaps [Member]
Debt Instrument [Line Items]
Notional amount of interest rate swap		$ 1,000,000,000		$ 1,000,000,000
Number of interest rate swap held | Swap		4		4
Number of interest rate derivatives held with combined notional amount | Swap		3		3
Interest Rate Swaps [Member] | Combined Interest Rate Cash Flow Hedges On Three Swaps [Member] | Maximum [Member]
Debt Instrument [Line Items]
Fixed rate of interest on swaps		1.051%		1.051%
Interest Rate Swaps [Member] | Combined Interest Rate Cash Flow Hedges On Three Swaps [Member] | Minimum [Member]
Debt Instrument [Line Items]
Fixed rate of interest on swaps		1.049%		1.049%
Forward Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Notional amount of interest rate swap						$ 1,000,000,000
Maturity of interest rate swap				May 14, 2020
Variable rate of interest						0.75%
Weighted average fixed interest rate						2.45%
Subject to SEA Attaining Certain Total Leverage Ratios [Member] | Senior Secured Credit Facilities [Member] | Maximum [Member]
Debt Instrument [Line Items]
Percentage of annual excess cash flow used to prepay outstanding loan				25.00%
Subject to SEA Attaining Certain Total Leverage Ratios [Member] | Senior Secured Credit Facilities [Member] | Minimum [Member]
Debt Instrument [Line Items]
Percentage of annual excess cash flow used to prepay outstanding loan				0.00%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Senior secured revolving		$ 192,500,000		$ 192,500,000
Interest rate, description				Borrowings of loans under the Revolving Credit Facility bear interest at a fluctuating rate per annum equal to, at SEA's option, a base rate equal to the higher of (a) the federal funds rate plus 1/2 of 1%, and (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America, N.A. as its "prime rate".
Basis point step-down in applicable margin, description				The applicable margin for borrowings under the Revolving Credit Facility is 1.75%, in the case of base rate loans, and 2.75%, in the case of LIBOR rate loans. The applicable margin (under either a base rate or LIBOR rate) is subject to one 25 basis point step-down upon achievement by SEA of certain corporate credit ratings.
Basis point step down on applicable margin upon achievement of certain leverage ratio				0.25%
Debt instrument interest rate selected percentage		2.50%		2.50%
Permitted increased commitments under the Revolving Credit Facility in aggregate principal amount		$ 350,000,000		$ 350,000,000
Revolving Credit Facility [Member] | Federal Funds Rate [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans				0.50%
Revolving Credit Facility [Member] | Base Rate Loan [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans				1.75%
Revolving Credit Facility [Member] | LIBOR Rate Loan [Member]
Debt Instrument [Line Items]
Applicable margin for Term Loans				2.75%
Restrictive Covenants [Member]
Debt Instrument [Line Items]
Restrictive covenants, restricted payments capacity available				$ 120,000,000
Restrictive Covenants [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Total Leverage Ratio				4.42%
Restrictive Covenants [Member] | Subject to SEA Attaining Certain Total Leverage Ratios [Member]
Debt Instrument [Line Items]
Restricted payment on Senior Secured Credit Facilities				$ 90,000,000
Maximum Total Leverage Ratio				5.00%
Minimum Total Leverage Ratio				4.50%
Restrictive Covenants [Member] | Scenario Two [Member]
Debt Instrument [Line Items]
Restricted payment on Senior Secured Credit Facilities				$ 120,000,000
Maximum Total Leverage Ratio				4.50%
Minimum Total Leverage Ratio				4.00%
Restrictive Covenants [Member] | Scenario Three [Member]
Debt Instrument [Line Items]
Restricted payment on Senior Secured Credit Facilities				$ 120,000,000
Maximum Total Leverage Ratio				4.00%
Minimum Total Leverage Ratio				3.50%

Long-Term Debt - Summary of L39

Long-Term Debt - Summary of Long-Term Debt Repayable (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Maturities of Long-term Debt [Abstract]
2,015	$ 8,425
2,016	16,850
2,017	16,850
2,018	16,850
2,019	16,850
Thereafter	1,548,888
Long-term debt	$ 1,624,713	$ 1,612,438

Long-Term Debt - Schedule of Im

Long-Term Debt - Schedule of Impact of Corrections on Affected Financial Statements (Previously Issued Quarterly Periods) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Selected Statements of Comprehensive Income (Loss) Data:
Interest expense	$ 15,732	$ 20,526	$ 35,910	$ 40,230
Income (loss) before income taxes	9,461	60,106	(61,177)	(19,023)
Provision for (benefit from) income taxes	3,652	22,700	(23,388)	(7,212)
Net income (loss)	$ 5,809	$ 37,406	$ (37,789)	$ (11,811)
Net income (loss) per share:
Net income (loss) per share, basic	$ 0.07	$ 0.43	$ (0.44)	$ (0.13)
Net income (loss) per share, diluted	$ 0.07	$ 0.43	$ (0.44)	$ (0.13)
As Previously Reported [Member]
Selected Statements of Comprehensive Income (Loss) Data:
Interest expense		$ 20,638		$ 40,684
Income (loss) before income taxes		59,994		(19,477)
Provision for (benefit from) income taxes		22,658		(7,382)
Net income (loss)		$ 37,336		$ (12,095)
Net income (loss) per share:
Net income (loss) per share, basic		$ 0.43		$ (0.14)
Net income (loss) per share, diluted		$ 0.43		$ (0.14)
Adjustments [Member]
Selected Statements of Comprehensive Income (Loss) Data:
Interest expense		$ (112)		$ (454)
Income (loss) before income taxes		112		454
Provision for (benefit from) income taxes		42		170
Net income (loss)		70		$ 284
Net income (loss) per share:
Net income (loss) per share, basic				$ (0.01)
Net income (loss) per share, diluted				$ (0.01)
As Revised [Member]
Selected Statements of Comprehensive Income (Loss) Data:
Interest expense		20,526		$ 40,230
Income (loss) before income taxes		60,106		(19,023)
Provision for (benefit from) income taxes		22,700		(7,212)
Net income (loss)		$ 37,406		$ (11,811)
Net income (loss) per share:
Net income (loss) per share, basic		$ 0.43		$ (0.13)
Net income (loss) per share, diluted		$ 0.43		$ (0.13)

Derivative Instruments and He41

Derivative Instruments and Hedging Activities - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)Swap	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Swap	Jun. 30, 2014USD ($)	Jun. 10, 2015USD ($)	Dec. 31, 2014USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Loss related to ineffective portion of derivatives recognized in other expense(income), net	$ 1,000	$ 0	$ 287,000	$ 0
Reclassified as an increase to interest expense, expected during the next 12 months	3,252,000		3,252,000
Tax benefit on unrealized loss on derivatives			(2,892,000)
Termination value of derivatives in a net liability position	9,980,000		9,980,000
Collateral posted relating to credit risk-related contingent features	0		0
Forward Interest Rate Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of interest rate swap					$ 1,000,000,000
Combined Interest Rate Cash Flow Hedges, All Swaps [Member] | Interest Rate Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of interest rate swap	$ 1,250,000,000		$ 1,250,000,000
Number of outstanding interest rate derivatives | Swap	4		4
Combined Interest Rate Cash Flow Hedges, All Swaps [Member] | Forward Interest Rate Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of interest rate swap	$ 1,000,000,000		$ 1,000,000,000
Number of outstanding interest rate derivatives | Swap	5		5
Not Designated as Hedge Accounting Relationships [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives outstanding	$ 0		$ 0			$ 0

Derivative Instruments and He42

Derivative Instruments and Hedging Activities - Fair Value of Company's Derivative Financial Instruments Classification on Unaudited Condensed Consolidated Balance Sheet (Detail) - Other Liabilities [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Liability Derivatives Fair Value	$ 8,384	$ 628
Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives Fair Value	2,516	$ 628
Forward Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives Fair Value	$ 5,868

Derivative Instruments and He43

Derivative Instruments and Hedging Activities - Schedule of Pre-tax Effect of Derivative Financial Instruments on Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Derivatives in Cash Flow Hedging Relationships:
Loss related to effective portion of derivatives recognized in accumulated other comprehensive loss	$ (6,832,000)	$ (2,147,000)	$ (8,981,000)	$ (2,873,000)
Gain related to effective portion of derivatives reclassified from accumulated other comprehensive loss to interest expense	739,000	738,000	1,469,000	1,133,000
Loss related to ineffective portion of derivatives recognized in other expense (income), net	$ (1,000)	$ 0	$ (287,000)	$ 0

Derivative Instruments and He44

Derivative Instruments and Hedging Activities - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated other comprehensive loss:
Balance at December 31, 2014			$ (483)
Unrealized loss on derivatives, net of tax	$ (3,747)	$ (872)	(4,620)	$ (1,080)
Balance at June 30, 2015	(5,103)		(5,103)
(Losses) Gains on Cash Flow Hedges [Member]
Accumulated other comprehensive loss:
Balance at December 31, 2014			(483)
Other comprehensive loss before reclassifications			(5,523)
Amounts reclassified from accumulated other comprehensive loss to interest expense			903
Unrealized loss on derivatives, net of tax			(4,620)
Balance at June 30, 2015	$ (5,103)		$ (5,103)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Assets measured at fair value	$ 0	$ 0	$ 0
Transfers between Levels	$ 0	$ 0	$ 0
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Discount rate of Senior Notes			11.37%
Senior Notes, redemption date		Apr. 7, 2015

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Liabilities:
Derivative financial instruments	$ 8,384	$ 628
Long-term obligations	1,624,713	1,615,635
Significant Other Observable Inputs (Level 2) [Member]
Liabilities:
Derivative financial instruments	8,384	628
Long-term obligations	$ 1,624,713	1,352,438
Significant Unobservable Inputs (Level 3) [Member]
Liabilities:
Long-term obligations		$ 263,197

Fair Value Measurements - Sch47

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments	$ 8,384	$ 628
Current maturities on long-term debt	16,850	14,050
Long-term debt	1,584,365	1,569,400
Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments	$ 8,384	$ 628

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail) - USD ($)

Jul. 01, 2015

Jun. 10, 2015

Apr. 01, 2015

Mar. 03, 2015

Jan. 22, 2015

Jan. 05, 2015

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Apr. 07, 2015

Dec. 31, 2014

Dec. 01, 2009

Related Party Transaction [Line Items]

Cash dividends declared per share

$ 0.21

$ 0.21

$ 0.21

$ 0.21

$ 0.21

$ 0.63

$ 0.41

Dividends paid to stockholders

$ 36,262,000

$ 35,407,000

Cash dividends record date

Jun. 22, 2015

Mar. 13, 2015

Jan. 13, 2015

Cash dividends paid date

Jul. 1, 2015

Apr. 1, 2015

Jan. 22, 2015

Term B-2 Loans [Member]

Related Party Transaction [Line Items]

Debt instrument, balance

$ 1,405,000,000

Term B-3 Loans [Member]

Related Party Transaction [Line Items]

Debt instrument, balance

$ 280,000,000

Senior Notes [Member]

Related Party Transaction [Line Items]

Debt instrument, balance

$ 400,000,000

Blackstone and Affiliates [Member]

Related Party Transaction [Line Items]

Dividends paid to stockholders

$ 4,095,000

$ 4,095,000

Blackstone and Affiliates [Member] | Term B-2 Loans [Member]

Related Party Transaction [Line Items]

Debt instrument, balance

$ 81,000,000

81,000,000

$ 87,000,000

Blackstone and Affiliates [Member] | Term B-3 Loans [Member]

Related Party Transaction [Line Items]

Debt instrument, balance

$ 23,000,000

$ 23,000,000

Blackstone and Affiliates [Member] | Senior Notes [Member]

Related Party Transaction [Line Items]

Debt instrument, balance

$ 65,000,000

Blackstone and Affiliates [Member] | Subsequent Event [Member]

Related Party Transaction [Line Items]

Dividends paid to stockholders

$ 4,095,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	Jun. 30, 2015USD ($)
Minimum [Member]
Loss Contingencies [Line Items]
Amount in controversy, not recorded	$ 5,000,000

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($)	Apr. 07, 2015	Mar. 03, 2015	Jan. 15, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total equity compensation expense						$ 3,251,000	$ 1,335,000
Bonus Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares						447,627
Weighted average grant date fair value						$ 19.02
Long-Term Incentive Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period						4 years
Vesting percentage						25.00%
Long-Term Incentive Options, expiration period						10 years
Options, granted						1,992,594
Long-Term Incentive Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares						75,832
Weighted average grant date fair value						$ 18.96
2.25x Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized equity compensation cost				$ 29,000,000		$ 29,000,000
Recognized equity compensation expense				$ 0	$ 0
Annualized effective compounded return rate						20.00%
Return on investment				2.25%		2.25%
Additional future funds to receive						$ 7,000,000
2.75x Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized equity compensation cost				$ 17,000,000		17,000,000
Recognized equity compensation expense						$ 0	0
Annualized effective compounded return rate						15.00%
Return on investment				2.75%		2.75%
Additional future funds to receive						$ 435,000,000
Time-Vesting Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares						667,441
Weighted average grant date fair value						$ 19.06
Time-Vesting Restricted Shares [Member] | Interim Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares			100,000
Weighted average grant date fair value			$ 16.50
Vesting period, description						The earlier of the start date of a new Chief Executive Officer or June 30, 2015
Time-Vesting Restricted Shares [Member] | Board Members [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period						3 years
Granted shares						49,284
Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance				15,000,000		15,000,000
Shares available for future issuance				11,359,427		11,359,427
Total equity compensation expense				$ 1,398,000	$ 573,000	$ 3,251,000	$ 1,335,000
Unrecognized equity compensation cost				19,400,000		$ 19,400,000
2015 Bonus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of bonus payable by cash						50.00%
2015 Bonus Plan [Member] | Bonus Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized equity compensation cost				8,200,000		$ 8,200,000
Percentage of bonus payable by shares						50.00%
Recognized equity compensation expense						$ 0
2015 Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares earned, percentage						33.00%
2015 Long-Term Incentive Plan [Member] | Long-Term Incentive Time Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period						4 years
Vesting percentage						25.00%
2015 Long-Term Incentive Plan [Member] | Long-Term Incentive Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance period, beginning date						Jan. 1, 2015
Performance period, ending date						Dec. 31, 2017
Performance period						3 years
Awarded shares						202,491
Weighted average grant date fair value		$ 18.96
Number of shares probable of vesting related to the first performance period						21,597
2015 Long-Term Incentive Plan [Member] | Long-Term Incentive Performance Restricted Shares [Member] | Target Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized equity compensation cost				365,000		$ 365,000
2015 Long-Term Incentive Plan [Member] | Long-Term Incentive Performance Restricted Shares [Member] | First Performance Level [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares		67,487
2015 Long-Term Incentive Plan [Member] | Long-Term Incentive Performance Restricted Shares [Member] | Maximum Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized equity compensation cost				$ 870,000		$ 870,000
2015 Long-Term Incentive Plan Below Threshold Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage						0.00%
2015 Long-Term Incentive Plan Threshold Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage						50.00%
2015 Long-Term Incentive Plan Target Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage						100.00%
2015 Long-Term Incentive Plan At or Above Maximum Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage						200.00%
Other 2015 Grants [Member] | Bonus Performance Restricted Shares [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted shares	27,623
Other 2015 Grants [Member] | Time-Vesting Restricted Shares [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Granted shares	249,875
Other 2015 Grants [Member] | Nonqualified Stock Options [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Options, granted	1,089,324

Equity-Based Compensation - Sch

Equity-Based Compensation - Schedule of Employee Stock Performance Activity (Detail) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding, Ending Balance	4,009,725
Time-Vesting Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding, Beginning Balance	164,545
Shares, Granted	667,441
Shares, Vested	(154,325)
Shares, Forfeited	(51,214)
Shares, Outstanding, Ending Balance	626,447
Weighted Average Grant Date Fair Value per Share, Outstanding, Beginning Balance	$ 11.68
Weighted Average Grant Date Fair Value per Share, Granted	19.06
Weighted Average Grant Date Fair Value per Share, Vested	14.45
Weighted Average Grant Date Fair Value per Share, Forfeited	11.81
Weighted Average Grant Date Fair Value per Share, Outstanding, Ending Balance	$ 18.85
Bonus Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Granted	447,627
Shares, Forfeited	(14,164)
Shares, Outstanding, Ending Balance	433,463
Weighted Average Grant Date Fair Value per Share, Granted	$ 19.02
Weighted Average Grant Date Fair Value per Share, Forfeited	18.96
Weighted Average Grant Date Fair Value per Share, Outstanding, Ending Balance	$ 19.03
Long-Term Incentive Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Granted	75,832
Shares, Forfeited	(8,345)
Shares, Outstanding, Ending Balance	67,487
Weighted Average Grant Date Fair Value per Share, Granted	$ 18.96
Weighted Average Grant Date Fair Value per Share, Forfeited	18.96
Weighted Average Grant Date Fair Value per Share, Outstanding, Ending Balance	$ 18.96
2.25x Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding, Beginning Balance	1,451,453
Shares, Forfeited	(77,791)
Shares, Outstanding, Ending Balance	1,373,662
Weighted Average Grant Date Fair Value per Share, Outstanding, Beginning Balance	$ 20.96
Weighted Average Grant Date Fair Value per Share, Forfeited	22.89
Weighted Average Grant Date Fair Value per Share, Outstanding, Ending Balance	$ 20.81
2.75x Performance Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding, Beginning Balance	1,451,453
Shares, Forfeited	(77,791)
Shares, Outstanding, Ending Balance	1,373,662
Weighted Average Grant Date Fair Value per Share, Outstanding, Beginning Balance	$ 12.61
Weighted Average Grant Date Fair Value per Share, Forfeited	15.75
Weighted Average Grant Date Fair Value per Share, Outstanding, Ending Balance	$ 12.36

Equity-Based Compensation - S52

Equity-Based Compensation - Schedule of Activity Related to Stock Option Awards (Detail) - Jun. 30, 2015 - Long-Term Incentive Options [Member] - USD ($) $ / shares in Units, $ in Thousands	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted	1,992,594
Options, Exercised	0
Options, Forfeited	(58,166)
Options, Outstanding, Ending Balance	1,934,428
Options, Exercisable at June 30, 2015	0
Weighted Average Exercise Price, Granted	$ 19.53
Weighted Average Exercise Price, Exercised	0
Weighted Average Exercise Price, Forfeited	18.96
Weighted Average Exercise Price, Outstanding, Ending Balance	19.55
Weighted Average Exercise Price, Exercisable at June 30, 2015	$ 0
Weighted Average Remaining Contractual Life, Outstanding at June 30, 2015	9 years 8 months 12 days
Aggregate Intrinsic Value, Outstanding at June 30, 2015	$ 8,710
Aggregate Intrinsic Value, Exercisable at June 30, 2015	$ 0

Equity-Based Compensation - S53

Equity-Based Compensation - Schedule of Key Weighted-average Assumptions Utilized in Black-Scholes Option Pricing Model for Stock Options Granted (Detail) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Grant date fair value	$ 4.50
Risk-free interest rate	1.63%
Expected volatility	36.67%
Expected dividend yield	4.28%
Expected life (in years)	6 years 3 months

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Jul. 01, 2015	Apr. 30, 2014	Dec. 31, 2014	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Aug. 12, 2014
Stockholders Equity [Line Items]
Common stock, shares issued			90,191,100		90,303,587
Unvested shares of common stock					4,009,725
Number of shares repurchased			4,105,970		4,105,970
Dividends declared to common stockholders					$ 54,482,000
Dividends payable			$ 172,000		$ 18,391,000
Secondary offering costs				$ 73,000		$ 747,000
Share Repurchase Program, authorized amount							$ 250,000,000
Shares repurchased			855,970
Stock repurchased during period under Share Repurchase Program, average price per share			$ 17.50
Share Repurchase Program, remaining authorized repurchase amount			$ 235,000,000		$ 235,000,000
Stock repurchased during period, total cost			15,000,000
Shares repurchased payment settlement during period					5,650,000	$ 50,706,000
Treasury stock at cost			$ 109,871,000		$ 109,871,000
Subsequent Event [Member]
Stockholders Equity [Line Items]
Dividends paid	$ 18,100,000
2.25x Performance Restricted Shares [Member]
Stockholders Equity [Line Items]
Unvested shares of common stock			1,451,453		1,373,662
Dividends payable on unvested restricted performance shares not probable of vesting					$ 2,540,000
2.75x Performance Restricted Shares [Member]
Stockholders Equity [Line Items]
Unvested shares of common stock			1,451,453		1,373,662
Dividends payable on unvested restricted performance shares not probable of vesting					$ 2,540,000
Bonus Performance Restricted Shares [Member]
Stockholders Equity [Line Items]
Unvested shares of common stock					433,463
Dividends payable on unvested restricted performance shares not probable of vesting					$ 177,000
Long-Term Incentive Performance Restricted Shares [Member]
Stockholders Equity [Line Items]
Unvested shares of common stock					67,487
Dividends payable on unvested restricted performance shares not probable of vesting					$ 28,000
Dividends on shares probable of vesting					9,000
Secondary Offering [Member]
Stockholders Equity [Line Items]
Common stock, shares issued		0
Number of shares repurchased		1,750,000
Shares offered and sold by the selling stockholders		17,250,000
Treasury stock at cost			$ 109,871,000		$ 109,871,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Quarterly Cash Dividends to Common Stockholders (Detail) - $ / shares	Jun. 10, 2015	Mar. 03, 2015	Jan. 05, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stockholders Equity [Line Items]
Dividend record date	Jun. 22, 2015	Mar. 13, 2015	Jan. 13, 2015
Dividend payable date	Jul. 1, 2015	Apr. 1, 2015	Jan. 22, 2015
Cash dividends declared per share	$ 0.21	$ 0.21	$ 0.21				$ 0.21	$ 0.21	$ 0.63	$ 0.41
Q4 2014 Declaration [Member]
Stockholders Equity [Line Items]
Dividend record date									Jan. 13, 2015
Dividend payable date									Jan. 22, 2015
Cash dividends declared per share						$ 0.21
Q1 2015 Declaration [Member]
Stockholders Equity [Line Items]
Dividend record date									Mar. 13, 2015
Dividend payable date									Apr. 1, 2015
Cash dividends declared per share					$ 0.21
Q2 2015 Declaration [Member]
Stockholders Equity [Line Items]
Dividend record date									Jun. 22, 2015
Dividend payable date									Jul. 1, 2015
Cash dividends declared per share				$ 0.21

Restructuring Program - Additio

Restructuring Program - Additional Information (Detail)	1 Months Ended	3 Months Ended	6 Months Ended
	Dec. 31, 2014Position	Jun. 30, 2015USD ($)Business	Jun. 30, 2015USD ($)Business
Restructuring and Related Activities [Abstract]
Restructuring costs, description			Involved the elimination of approximately 300 positions across the Company's eleven theme parks and corporate headquarters.
Number of positions eliminated | Position	300
Number of theme parks | Business		11	11
Restructuring and other related costs		$ 122,000	$ 267,000
Restructuring and other related costs incurred to date		11,834,000	11,834,000
Expected additional costs associated to Restructuring Plan		$ 0	$ 0

Restructuring Program - Schedul

Restructuring Program - Schedule of Restructuring Program Activity (Detail) - Jun. 30, 2015 - USD ($) $ in Thousands	Total	Total
Restructuring Cost and Reserve [Line Items]
Restructuring and other related costs	$ 122	$ 267
Severance and Other Employment Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other related costs, Liability, Beginning balance		7,691
Restructuring and other related costs		267
Restructuring and other related costs, Payments made		$ (7,958)

Uncategorized Items - seas-2015

Label	Element	Value
Gains (Losses) on Extinguishment of Debt	us-gaap_GainsLossesOnExtinguishmentOfDebt	$ (20,348)
Depreciation, Depletion and Amortization, Nonproduction	us-gaap_DepreciationAndAmortization	43,086
Depreciation, Depletion and Amortization, Nonproduction	us-gaap_DepreciationAndAmortization	$ 50,110