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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Gaming $ 495,056 $ 452,928 $ 995,055 $ 915,479
Food and beverage 88,342 75,898 175,785 152,698
Room 48,270 43,365 95,596 85,240
Other 32,915 29,693 66,953 61,159
Gross revenues 664,583 601,884 1,333,389 1,214,576
Less promotional allowances 64,715 57,010 128,179 117,324
Net revenues 599,868 544,874 1,205,210 1,097,252
Operating costs and expenses        
Gaming 229,912 217,768 461,543 441,293
Food and beverage 49,533 42,116 99,051 83,919
Room 13,469 11,293 26,583 21,792
Other 19,631 18,827 39,610 38,159
Selling, general and administrative 93,037 79,002 184,650 160,853
Maintenance and utilities 25,864 25,009 52,263 48,857
Depreciation and amortization 52,563 48,250 106,527 95,903
Corporate expense 23,251 16,099 44,049 34,006
Project development, preopening and writedowns 2,784 5,897 5,756 7,738
Impairments of assets 0 0 0 1,440
Other operating items, net 463 123 949 552
Total operating costs and expenses 510,507 464,384 1,020,981 934,512
Operating income 89,361 80,490 184,229 162,740
Other expense (income)        
Interest income (455) (959) (915) (1,456)
Interest expense, net of amounts capitalized 42,728 61,887 86,402 114,952
Loss on early extinguishments and modifications of debt 378 419 534 846
Other, net 559 65 670 142
Total other expense, net 43,210 61,412 86,691 114,484
Income from continuing operations before income taxes 46,151 19,078 97,538 48,256
Income tax provision (18,590) (7,771) (34,863) (15,389)
Income from continuing operations, net of tax 27,561 11,307 62,675 32,867
Income from discontinued operations, net of tax (21,017) (18,715) (21,392) (30,345)
Net income $ 48,578 $ 30,022 $ 84,067 $ 63,212
Continuing operations $ 0.24 $ 0.10 $ 0.54 $ 0.29
Discontinued operations 0.18 0.16 0.19 0.27
Basic net income per common share $ 0.42 $ 0.26 $ 0.73 $ 0.56
Weighted average basic shares outstanding 115,225 114,328 115,247 114,218
Continuing operations $ 0.24 $ 0.10 $ 0.54 $ 0.29
Discontinued operations 0.18 0.16 0.19 0.26
Diluted net income per common share $ 0.42 $ 0.26 $ 0.73 $ 0.55
Weighted average diluted shares outstanding 115,923 115,077 115,911 114,974
Common Stock, Dividends, Per Share, Declared $ 0 $ 0 $ 0 $ 0