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Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present the Company’s segment information:

	Three Months Ended
	March 31,
	2020				2019
	(In thousands)
Net revenue
Las Vegas Strip Resorts
Casino	$	274,673			$	324,704
Rooms		362,864				468,852
Food and beverage		288,763				365,522
Entertainment, retail and other		207,506				269,110
		1,133,806				1,428,188
Regional Operations
Casino		536,630				574,156
Rooms		55,879				71,798
Food and beverage		95,092				117,879
Entertainment, retail and other		38,059				40,112
		725,660				803,945
MGM China
Casino		240,414				663,565
Rooms		15,209				33,564
Food and beverage		12,780				30,713
Entertainment, retail and other		3,484				6,362
		271,887				734,204
Reportable segment net revenues		2,131,353				2,966,337
Corporate and other		121,464				210,574
	$	2,252,817			$	3,176,911
Adjusted Property EBITDAR
Las Vegas Strip Resorts	$	267,599			$	403,651
Regional Operations		151,720				211,797
MGM China		(21,990	)			192,811
Reportable segment Adjusted Property EBITDAR		397,329				808,259
Other operating income (expense)
Corporate and other		(102,237	)			(60,531	)
Preopening and start-up expenses		(122	)			(3,287	)
Property transactions, net		(54,975	)			(8,776	)
Gain on REIT transactions, net		1,491,945				—
Depreciation and amortization		(318,290	)			(316,414	)
CEO transition expense		(44,401	)			—
Restructuring		—				(41,098	)
Triple net operating lease and ground lease rent expense		(141,918	)			(7,893	)
Income from unconsolidated affiliates related to investments in REITs		23,514				—
Operating income		1,250,845				370,260
Non-operating income (expense)
Interest expense, net of amounts capitalized		(157,137	)			(216,120	)
Non-operating items from unconsolidated affiliates		(32,621	)			(18,165	)
Other, net		(124,264	)			1,693
		(314,022	)			(232,592	)
Income before income taxes		936,823				137,668
Provision for income taxes		(262,304	)			(71,511	)
Net income		674,519				66,157
Less: Net (income) loss attributable to noncontrolling interests		132,350				(34,860	)
Net income attributable to MGM Resorts International	$	806,869			$	31,297

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 280
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-Publisher FASB
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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