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Cedar Fair, L.P. (FUN)
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FUN » Topics » Bad or extreme weather conditions can adversely impact attendance at our parks, which in turn would reduce our revenues.

These excerpts taken from the FUN 10-K filed Mar 2, 2009.

Bad or extreme weather conditions can adversely impact attendance at our parks, which in turn would reduce our revenues.

Because most of the attractions at our parks are outdoors, attendance at our parks can be adversely affected by continuous bad or extreme weather and also can be adversely affected by forecasts of bad or mixed weather conditions.

Bad or extreme weather
conditions can adversely impact attendance at our parks, which in turn would reduce our revenues.

Because most of the attractions at our parks are
outdoors, attendance at our parks can be adversely affected by continuous bad or extreme weather and also can be adversely affected by forecasts of bad or mixed weather conditions.

FACE="Times New Roman" SIZE="2">The operating season at most of our parks is of limited duration, which can magnify the impact of adverse conditions or events occurring within that operating season.

STYLE="margin-top:0px;margin-bottom:0px">Ten of our amusement parks are seasonal, generally operating during a portion of April or May, then daily from Memorial Day through Labor Day, and during weekends in
September and, in most cases, October. Our water parks also operate seasonally, generally from Memorial Day through Labor Day and during some additional weekends before and after that period. Most of our revenues are generated during this 130 to
140-day annual operating season. As a result, when conditions or events described as risk factors occur during the operating

 


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season, particularly during the peak months of July and August or the important Fall season, there is only a limited period of time during which the impact
of those conditions or events can be mitigated. Accordingly, such conditions or events may have a disproportionately adverse effect upon our revenues.

SIZE="2">Unanticipated construction delays in completing capital improvement projects in our parks and resort facilities can adversely affect our revenues.

FACE="Times New Roman" SIZE="2">A principal competitive factor for an amusement park is the uniqueness and perceived quality of its rides and attractions in a particular market area. Accordingly, the regular addition of new rides and attractions is
important, and a key element of our revenue growth is strategic capital spending on new rides and attractions. Any construction delays or ride down-time can adversely affect our attendance and our ability to realize revenue growth.

STYLE="margin-top:12px;margin-bottom:0px">There is a risk of accidents occurring at amusement parks, which may reduce attendance and negatively impact our revenues.

STYLE="margin-top:0px;margin-bottom:0px">All of our amusement parks feature thrill rides. Although we are safety conscious, there are inherent risks involved with these attractions, and an accident or a serious
injury at any of our amusement parks may reduce attendance and result in decreased revenues. In addition, accidents or injuries at parks operated by our competitors may influence the general attitudes of amusement park patrons and adversely affect
attendance at our amusement parks.

This excerpt taken from the FUN 10-K filed Feb 29, 2008.

Bad or extreme weather conditions can adversely impact attendance at our parks, which in turn would reduce our revenues.

Because most of the attractions at our parks are outdoors, attendance at our parks can be adversely affected by continuous bad or extreme weather and also can be adversely affected by forecasts of bad or mixed weather conditions.

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 2, 2009
10-K
Feb 29, 2008

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