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Cedar Fair, L.P. (FUN)
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FUN » Topics » Same-Park Comparison (excluding acquisition)

This excerpt taken from the FUN 8-K filed May 3, 2007.

Same-Park Comparison (excluding acquisition)

Excluding effects of the acquisition, Cedar Fair’s first-quarter results on a same-park basis improved from the same period a year ago. For the first quarter, same-park net revenues increased 7%, to $25.5 million, due to improved per capita spending and attendance at our Western Region parks in the quarter.

On a same-park basis, the first quarter operating loss was $25.1 million, or 9% lower than the same period last year. Cash operating costs were 2% lower at $47.1 million, reflecting our continued focus on controlling expenses during the off-season. This decrease was somewhat offset by increased operating costs at our Western Region parks due in part to the increase in attendance at those parks.

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