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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
71,883

 
83,094

 
69,423

 
46,802

 
271,202

 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of tax
$
30,504

 
$
(12,390
)
 
$
7,015

 
$
(14,434
)
 
$
10,695

Income from discontinued operations, net of tax
4,599

 
5,965

 
18,410

 
7,565

 
36,539

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

 
$
(6,425
)
 
$
25,425

 
$
(6,869
)
 
$
47,234

 
 
 
 
 
 
 
 
 
 
Basic net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.27

 
$
(0.11
)
 
$
0.06

 
$
(0.13
)
 
$
0.10

Discontinued operations
0.04

 
0.05

 
0.17

 
0.07

 
0.32

Basic net income (loss) per common share
$
0.31

 
$
(0.06
)
 
$
0.23

 
$
(0.06
)
 
$
0.42

Diluted net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.27

 
$
(0.11
)
 
$
0.06

 
$
(0.13
)
 
$
0.10

Discontinued operations
0.04

 
0.05

 
0.16

 
0.07

 
0.32

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
$
541,085

 
$
540,680

 
$
528,897

 
$
531,593

 
$
2,142,255

Operating income
61,560

 
58,749

 
41,802

 
11,621

 
173,732

 
 
 
 
 
 
 
 
 
 
Loss from continuing operations, net of tax
$
(1,112
)
 
$
(3,971
)
 
$
(12,256
)
 
$
(33,286
)
 
$
(50,625
)
Income (loss) from discontinued operations, net of tax
(10,113
)
 
9,309

 
8,928

 
863

 
8,987

Income (loss) from discontinued operations attributable to noncontrolling interest, net of tax
5,043

 
(4,669
)
 
(11,777
)
 

 
(11,403
)
Net income (loss) attributable to Boyd Gaming Corporation
$
(6,182
)
 
$
669

 
$
(15,105
)
 
$
(32,423
)
 
$
(53,041
)
 
 
 
 
 
 
 
 
 
 
Basic net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(0.01
)
 
$
(0.04
)
 
$
(0.11
)
 
$
(0.30
)
 
$
(0.46
)
Discontinued operations
(0.05
)
 
0.05

 
(0.03
)
 
0.01

 
(0.02
)
Basic net income (loss) per common share
$
(0.06
)
 
$
0.01

 
$
(0.14
)
 
$
(0.29
)
 
$
(0.48
)
Diluted net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(0.01
)
 
$
(0.04
)
 
$
(0.11
)
 
$
(0.30
)
 
$
(0.46
)
Discontinued operations
(0.05
)
 
0.05

 
(0.03
)
 
0.01

 
(0.02
)
Diluted net income (loss) per common share
$
(0.06
)
 
$
0.01

 
$
(0.14
)
 
$
(0.29
)
 
$
(0.48
)


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.