XML 55 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities presented on the consolidated balance sheets are as follows:

	December 31,
(In thousands)	2015				2014
Current deferred tax liability	$	—			$	3,087
Non-current deferred tax liability	162,189				142,263
Current deferred tax asset	—				(117		)
Net deferred tax liability	$	162,189			$	145,233

Components Comprising Deferred Tax Assets and Liabilities

The components comprising our deferred tax assets and liabilities are as follows:

	December 31,
(In thousands)	2015				2014
Deferred tax assets
Federal net operating loss carryforwards	$	308,738			$	312,113
State net operating loss carryforwards	47,711				41,395
Share-based compensation	32,524				35,122
Other	43,936				42,554
Gross deferred tax assets	432,909				431,184
Valuation allowance	(247,761		)		(261,962		)
Deferred tax assets, net of valuation allowance	185,148				169,222
Deferred tax liabilities
Difference between book and tax basis of intangible assets	216,655				202,089
Difference between book and tax basis of property	105,732				86,280
State tax liability, net of federal benefit	13,428				11,980
Other	11,522				14,106
Gross deferred tax liabilities	347,337				314,455
Deferred tax liabilities, net	$	162,189			$	145,233

Summary of Provision (Benefit) for Income Taxes

A summary of the provision (benefit) for income taxes is as follows:

	Year Ended December 31,
(In thousands)	2015				2014				2013
Current
Federal	$	—			$	442			$	—
State	2,052				(289		)		368
Total current taxes provision (benefit)	2,052				153				368
Deferred
Federal	(10,033		)		(1,896		)		5,666
State	807				2,496				(2,684		)
Total deferred taxes provision (benefit)	(9,226		)		600				2,982
Provision (benefit) for income taxes from continuing operations	$	(7,174	)		$	753			$	3,350
Provision (benefit) for income taxes included on the consolidated statement of operations
Provision (benefit) for income taxes from continuing operations	$	(7,174	)		$	753			$	3,350
Provision (benefit) for income taxes from discontinued operations	—				—				5,884
Provision (benefit) for income taxes from continuing and discontinued operations	$	(7,174	)		$	753			$	9,234

Schedule of Effective Income Tax Rate Reconciliation

The following table provides a reconciliation between the federal statutory rate and the effective income tax rate, expressed as a percentage of income from continuing operations before income taxes:

	Year Ended December 31,
	2015			2014			2013
Tax at federal statutory rate	35.0	%		35.0	%		35.0	%
Uncertain tax benefits	(43.3	)%		—	%		—	%
Company provided benefits	15.5	%		(4.1	)%		0.1	%
Accrued interest on uncertain tax benefits	(15.0	)%		(3.0	)%		3.7	%
Valuation allowance for deferred tax assets	(11.1	)%		(38.7	)%		(35.1	)%
State income taxes, net of federal benefit	7.1	%		(5.4	)%		2.0	%
Compensation-based credits	(6.2	)%		3.8	%		1.4	%
Noncontrolling interests	—	%		12.9	%		(9.4	)%
Other, net	0.1	%		(2.4	)%		(0.6	)%
Effective tax rate	(17.9	)%		(1.9	)%		(2.9	)%

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits as follows:

	Year Ended December 31,
(In thousands)	2015				2014				2013
Unrecognized tax benefit, beginning of year	$	30,198			$	37,059			$	38,423
Additions:
Tax positions related to current year	—				487				562
Tax positions related to prior years	—				—				138
Reductions:
Tax positions related to the Deconsolidation of Borgata	—				(6,221		)		—
Lapse of applicable statute of limitations	—				(1,097		)		—
Tax position related to prior years	(27,716		)		(30		)		(2,064		)
Settlement with taxing authorities	—				—				—
Unrecognized tax benefits	$	2,482			$	30,198			$	37,059

X

- Definition

Schedule of Components of Deferred Tax Assets and Liabilities [Table Text Block]

+ References

No definition available.

+ Details

Name:	byd_ScheduleOfComponentsOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	byd_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration