XML 18 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Gaming $ 452,928 $ 468,580 $ 915,479 $ 933,337
Food and beverage 75,898 77,909 152,698 154,205
Room 43,365 42,332 85,240 81,685
Other 29,693 30,642 61,159 60,327
Gross revenues 601,884 619,463 1,214,576 1,229,554
Less promotional allowances 57,010 59,596 117,324 119,109
Net revenues 544,874 559,867 1,097,252 1,110,445
Operating costs and expenses        
Gaming 217,768 224,686 441,293 451,383
Food and beverage 42,116 42,913 83,919 84,480
Room 11,293 10,682 21,792 20,729
Other 18,827 19,744 38,159 39,390
Selling, general and administrative 79,002 81,013 160,853 162,702
Maintenance and utilities 25,009 26,616 48,857 51,935
Depreciation and amortization 48,250 51,964 95,903 103,906
Corporate expense 16,099 17,352 34,006 37,004
Project development, preopening and writedowns 5,897 1,749 7,738 2,704
Impairments of assets 0 0 1,440 1,065
Other operating items, net 123 54 552 170
Total operating costs and expenses 464,384 476,773 934,512 955,468
Operating income 80,490 83,094 162,740 154,977
Other expense (income)        
Interest income (959) (465) (1,456) (936)
Interest expense, net of amounts capitalized 61,887 57,131 114,952 114,066
Loss on early extinguishments of debt 419 30,962 846 31,470
Other, net 65 1,270 142 1,888
Total other expense, net 61,412 88,898 114,484 146,488
Income before income taxes 19,078 (5,804) 48,256 8,489
Income taxes benefit (provision) (7,771) (6,586) (15,389) 9,625
Income (loss) from continuing operations, net of tax 11,307 (12,390) 32,867 18,114
Income (loss) from discontinued operations, net of tax (18,715) (5,965) (30,345) (10,564)
Net income (loss) $ 30,022 $ (6,425) $ 63,212 $ 28,678
Continuing operations $ 0.10 $ (0.11) $ 0.29 $ 0.17
Discontinued operations 0.16 0.05 0.27 0.09
Basic net income (loss) per common share $ 0.26 $ (0.06) $ 0.56 $ 0.26
Weighted average basic shares outstanding 114,328 112,232 114,218 111,841
Continuing operations $ 0.10 $ (0.11) $ 0.29 $ 0.16
Discontinued operations 0.16 0.05 0.26 0.09
Diluted net income (loss) per common share $ 0.26 $ (0.06) $ 0.55 $ 0.25
Weighted average diluted shares outstanding 115,077 112,232 114,974 112,694