Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated

The following table sets forth, for the periods indicated, certain operating data for our Reportable Segments, and reconciles Adjusted EBITDA to operating income (loss), as reported in our accompanying consolidated statements of operations:



	Year Ended December 31,
(In thousands)	2015			2014			2013
Net Revenues
Las Vegas Locals	$	610,107		$	592,652		$	591,447
Downtown Las Vegas	234,191			224,275			222,715
Midwest and South	1,355,134			1,325,328			1,384,576
Total Reportable Segment Net Revenues	$	2,199,432		$	2,142,255		$	2,198,738

Adjusted EBITDA
Las Vegas Locals	$	157,312		$	144,397		$	137,501
Downtown Las Vegas	49,314			37,309			35,036
Midwest and South	380,942			345,058			365,245
Total Reportable Segment Adjusted EBITDA (1)	587,568			526,764			537,782
Corporate expense	(60,177		)	(59,420		)	(46,594		)
Adjusted EBITDA	527,391			467,344			491,188

Other operating costs and expenses
Deferred rent	3,428			3,616			3,830
Depreciation and amortization	207,118			208,915			218,667
Project development, preopening and writedowns	6,907			13,747			10,371
Share-based compensation expense	19,264			18,666			18,891
Impairments of assets	18,565			48,681			5,351
Other operating charges, net	907			(13		)	2,861
Total other operating costs and expenses	256,189			293,612			259,971
Operating income	$	271,202		$	173,732		$	231,217

Reconciliation of Assets from Segment to Consolidated

The Company's total assets, by Reportable Segment, consisted of the following amounts:



	December 31,
(In thousands)	2015		2014
Assets
Las Vegas Locals	$	1,155,224	$	1,164,115
Downtown Las Vegas	138,159		128,682
Midwest and South	2,634,742		2,728,996
Total Reportable Segment assets	3,928,125		4,021,793
Corporate	422,775		400,591
Total assets	$	4,350,900	$	4,422,384

Capital Expenditures by Reportable Segment

The Company's capital expenditures by Reportable Segment, consisted of the following:



	Year Ended December 31,
(In thousands)	2015		2014			2013
Capital Expenditures:
Las Vegas Locals	$	41,772	$	31,653		$	30,861
Downtown Las Vegas	13,000		9,917			5,505
Midwest and South	60,887		89,029			66,683
Total Reportable Segment Capital Expenditures	115,659		130,599			103,049
Corporate	12,646		(8,786		)	12,173
Other	—		—			28
Total Capital Expenditures	128,305		121,813			115,250
Change in Accrued Property Additions	2,865		15,938			6,913
Cash-Based Capital Expenditures	$	131,170	$	137,751		$	122,163

The Company utilizes the Corporate entities to centralize the development of major renovation and other capital development projects that are included as construction in progress. After the project is complete, the corporate entities transfer the projects to the segment subsidiaries.