Thank you, Michael, and good morning, everyone. Let me start today's call by saying I am extremely proud of our team and all that we've accomplished so far this season.
Our team's commitment to delighting guests and operating the best parks in the industry has allowed us to achieve record performance coming out of the pandemic. Based on our results over the first half of the year and the strength of long lead indicators, I've never had more confidence in our business than I do right now. And I'm excited to see how much fun we can create for our guests and our associates over the balance of the season and into next year.
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Knott's News: Business is good (beating out 2019 records), paid off 75% of pandemic era debt when parks were closed, should achieve net leverage of less than 4x adjusted EBITDA by year-end (referring to overall debt), labor and operating costs are way up (as expected, we all feel it), season pass sales are way up (surpassing 3 mil units for the first time in company history), they expect an increase in local business due to inflationary stay-cation planning, plans on spending $200mil on CapEx in 2023 (up from $160-175mil this year). Overall, they missed their target but still performed well.
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