XML 20 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues:      
Total operating revenues $ 6,531,897 $ 3,756,825 $ 3,763,664
Operating expenses:      
General and administrative 1,065,022 830,450 796,592
Provision for credit losses (3,964) (7,295) 29,487
Pre-opening 9,468 20,643 6,821
Depreciation and amortization 687,270 692,318 715,962
Gain on EBH Transaction, net 0 (181,989) 0
Impairment of goodwill and intangible assets 94,490 48,036 10,254
Property charges and other 130,877 65,116 40,508
Total operating expenses 5,691,726 3,857,501 4,158,205
Operating income (loss) 840,171 (100,676) (394,541)
Other income (expense):      
Interest income 175,785 29,758 3,213
Interest expense, net of amounts capitalized (751,509) (650,885) (605,562)
Change in derivatives fair value 45,098 15,956 11,360
Loss on debt financing transactions (12,683) 0 (2,060)
Other (11,479) 5,811 (23,926)
Other expense, net (554,788) (599,360) (616,975)
Income (loss) before income taxes 285,383 (700,036) (1,011,516)
Benefit (provision) for income taxes 496,834 (9,332) (474)
Net income (loss) 782,217 (709,368) (1,011,990)
Less: net (income) loss attributable to noncontrolling interests (52,223) 285,512 256,204
Net income (loss) attributable to Wynn Resorts, Limited $ 729,994 $ (423,856) $ (755,786)
Net income (loss) attributable to Wynn Resorts, Limited:      
Earnings Per Share, Basic $ 6.49 $ (3.73) $ (6.64)
Earnings Per Share, Diluted $ 6.32 $ (3.73) $ (6.64)
Weighted average common shares outstanding:      
Basic (in shares) 112,523 113,623 113,760
Diluted (in shares) 112,855 113,623 113,760
Casino      
Operating revenues:      
Total operating revenues $ 3,718,402 $ 1,632,541 $ 2,133,420
Operating expenses:      
Cost of goods and services sold 2,238,671 1,099,801 1,394,098
Rooms      
Operating revenues:      
Total operating revenues 1,185,671 802,138 592,571
Operating expenses:      
Cost of goods and services sold 307,132 261,343 197,734
Food and Beverage      
Operating revenues:      
Total operating revenues 1,028,637 846,214 633,911
Operating expenses:      
Cost of goods and services sold 822,323 700,549 516,391
Entertainment, retail and other      
Operating revenues:      
Total operating revenues 599,187 475,932 403,762
Operating expenses:      
Cost of goods and services sold $ 340,437 $ 328,529 $ 450,358