XML 22 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues:      
Gaming $ 1,972,422 $ 1,820,176 $ 1,847,167
Food and beverage 349,271 306,145 307,442
Room 188,689 170,816 163,509
Other 132,695 122,416 123,959
Gross revenues 2,643,077 2,419,553 2,442,077
Less promotional allowances 259,370 235,577 242,645
Net revenues 2,383,707 2,183,976 2,199,432
Operating costs and expenses:      
Gaming 923,266 880,716 900,922
Food and beverage 194,524 170,053 168,096
Room 52,196 44,245 41,298
Other 77,129 76,719 80,508
Selling, general and administrative 362,037 322,009 322,420
Maintenance and utilities 109,462 100,020 104,548
Depreciation and amortization 217,522 196,226 207,118
Corporate expense 88,148 72,668 76,941
Project development, preopening and writedowns 14,454 22,107 6,907
Impairments of assets (426) 38,302 18,565
Other operating items, net 1,900 284 907
Total operating costs and expenses 2,040,212 1,923,349 1,928,230
Operating income 343,495 260,627 271,202
Other expense (income)      
Interest income (1,818) (2,961) (1,858)
Interest expense, net of amounts capitalized 173,108 212,692 224,590
Loss on early extinguishments and modifications of debt 1,582 42,364 40,733
Other, net (184) 545 3,676
Total other expense, net 172,688 252,640 267,141
Income from continuing operations before income taxes 170,807 7,987 4,061
Income tax (provision) benefit (3,006) 197,486 6,634
Income from continuing operations, net of tax 167,801 205,473 10,695
Income from discontinued operations, net of tax 21,392 212,530 36,539
Net income $ 189,193 $ 418,003 $ 47,234
Continuing operations $ 1.46 $ 1.79 $ 0.10
Discontinued operations 0.19 1.86 0.32
Basic net income per common share $ 1.65 $ 3.65 $ 0.42
Weighted average basic shares outstanding 114,957 114,507 112,789
Continuing operations $ 1.45 $ 1.78 $ 0.10
Discontinued operations 0.19 1.85 0.32
Diluted net income per common share $ 1.64 $ 3.63 $ 0.42
Weighted average diluted shares outstanding 115,628 115,189 113,676
Common Stock, Dividends, Per Share, Declared $ 0.15 $ 0 $ 0