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Selected Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (Unaudited)
SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
The following table presents selected quarterly financial information:
 
Year Ended December 31, 2015
(In thousands, except per share data)
First
 
Second
 
Third
 
Fourth
 
Year
Summary Operating Results:
 
 
 
 
 
 
 
 
 
Net revenues
$
550,578

 
$
559,867

 
$
546,313

 
$
542,674

 
$
2,199,432

Operating income
83,558

 
98,182

 
100,530

 
62,353

 
344,623

Net income (loss) attributable to Boyd Gaming Corporation
35,103

 
(6,425
)
 
25,425

 
(6,869
)
 
47,234

Basic and diluted net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Basic net income (loss) per common share
$
0.31

 
$
(0.06
)
 
$
0.23

 
$
(0.06
)
 
$
0.42

Diluted net income (loss) per common share
$
0.31

 
$
(0.06
)
 
$
0.22

 
$
(0.06
)
 
$
0.42


 
Year Ended December 31, 2014
(In thousands, except per share data)
First
 
Second
 
Third
 
Fourth
 
Year
Summary Operating Results:
 
 
 
 
 
 
 
 
 
Net revenues
$
708,349

 
$
722,534

 
$
738,843

 
$
531,593

 
$
2,701,319

Operating income
68,516

 
86,979

 
73,774

 
22,247

 
251,516

Net income (loss) attributable to Boyd Gaming Corporation
(6,182
)
 
669

 
(15,105
)
 
(32,423
)
 
(53,041
)
Basic and diluted net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Basic net income (loss) per common share
$
(0.06
)
 
$
0.01

 
$
(0.14
)
 
$
(0.29
)
 
$
(0.48
)
Diluted net income (loss) per common share
$
(0.06
)
 
$
0.01

 
$
(0.14
)
 
$
(0.29
)
 
$
(0.48
)


Due to the deconsolidation of Borgata on September 30, 2014, our quarterly financial results shown above reflect Borgata on a full consolidation basis for periods ending on or before September 30, 2014, and reflects our accounting for our 50% ownership interest in Borgata by applying the equity method for the fourth quarter of 2014. Additionally, because income (loss) per share amounts are calculated using the weighted average number of common and dilutive common equivalent shares outstanding during each quarter, the sum of the per share amounts for the four quarters does not equal the total income (loss) per share amounts for the year. The per share amounts in the second half of 2014 were impacted by our issuance of 18,975,000 shares of common stock in the third quarter of 2014.