This excerpt taken from the FUN 8-K filed Nov 6, 2007.
Outlook and Financial Strength
Kinzel updated the outlook for the full year, estimating revenues between $960-$980 million and adjusted EBITDA between $325-$335 million. He emphasized the company finished the quarter in sound financial condition, with sufficient liquidity and strong cash flow from operations. We remain in solid shape to invest capital in our parks as planned, while maintaining our regular quarterly cash distributions to our unitholders.
Kinzel concluded by noting that virtually all of Cedar Fairs revenues from its seasonal amusement parks, water parks, and other seasonal resort facilities are realized during a 130 to 140-day operating period beginning in early May, with the major portion concentrated in the peak vacation months of July and August. Only Knotts Berry Farm, Castaway Bay and Star Trek: The Experience are open year-round, with Knotts Berry Farm operating at its highest level of attendance during the third and fourth quarters of the year.