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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Total revenues $ 209,859 $ 846,132 $ 890,384 $ 1,673,420
Operating costs and expenses        
Selling, general and administrative 60,268 116,701 173,698 232,112
Master lease rent expense 25,413 24,431 50,078 48,393
Maintenance and utilities 21,654 39,707 54,800 77,807
Depreciation and amortization 69,213 68,051 136,178 135,304
Corporate expense 13,963 26,913 38,921 58,090
Project development, preopening and writedowns 3,825 4,915 7,333 8,946
Impairment of assets 0 0 171,100 0
Other operating items, net 1,099 105 8,642 304
Total operating costs and expenses 296,207 719,440 1,114,493 1,429,102
Operating income (loss) (86,348) 126,692 (224,109) 244,318
Other expense (income)        
Interest income (569) (816) (1,008) (922)
Interest expense, net of amounts capitalized 59,208 61,233 111,053 122,563
Loss on early extinguishments and modifications of debt 412 508 587 508
Other, net 115 (455) (229) (340)
Total other expense, net 59,166 60,470 110,403 121,809
Income (loss) before income taxes (145,514) 66,222 (334,512) 122,509
Income tax benefit (provision) 36,970 (17,738) 78,409 (28,574)
Net income (loss) $ (108,544) $ 48,484 $ (256,103) $ 93,935
Basic net income (loss) per common share (in dollars per share) $ (0.96) $ 0.43 $ (2.26) $ 0.83
Weighted average basic shares outstanding (in shares) 113,257 113,318 113,482 113,329
Diluted net income (loss) per common share (in dollars per share) $ (0.96) $ 0.43 $ (2.26) $ 0.83
Weighted average diluted shares outstanding (in shares) 113,257 113,795 113,482 113,832
Casino [Member]        
Revenues        
Total revenues $ 185,111 $ 633,659 $ 694,876 $ 1,253,912
Operating costs and expenses        
Cost of Revenue 76,761 282,593 315,461 559,209
Food and Beverage [Member]        
Revenues        
Total revenues 10,661 112,047 100,545 223,137
Operating costs and expenses        
Cost of Revenue 16,745 103,477 106,584 205,628
Occupancy [Member]        
Revenues        
Total revenues 6,918 61,097 53,645 118,341
Operating costs and expenses        
Cost of Revenue 5,097 27,799 28,082 54,681
Product and Service, Other [Member]        
Revenues        
Total revenues 7,169 39,329 41,318 78,030
Operating costs and expenses        
Cost of Revenue $ 2,169 $ 24,748 $ 23,616 $ 48,628