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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 652,238 $ 819,568 $ 1,542,622 $ 2,492,988
Operating costs and expenses        
Selling, general and administrative 86,983 116,899 260,681 349,011
Master lease rent expense 25,914 24,665 75,992 73,058
Maintenance and utilities 33,751 41,351 88,551 119,158
Depreciation and amortization 69,320 65,092 205,498 200,396
Corporate expense 19,605 21,411 58,526 79,501
Project development, preopening and writedowns 2,249 5,297 9,582 14,243
Impairment of assets 0 0 171,100 0
Other operating items, net 14,928 1,260 23,570 1,564
Total operating costs and expenses 525,165 706,177 1,639,658 2,135,279
Operating income (loss) 127,073 113,391 (97,036) 357,709
Other expense (income)        
Interest income (468) (434) (1,476) (1,356)
Interest expense, net of amounts capitalized 62,387 59,661 173,440 182,224
Loss on early extinguishments and modifications of debt 413 242 1,000 750
Other, net (4,977) 113 (5,206) (227)
Total other expense, net 57,355 59,582 167,758 181,391
Income (loss) before income taxes 69,718 53,809 (264,794) 176,318
Income tax benefit (provision) (31,602) (14,404) 46,807 (42,978)
Net income (loss) $ 38,116 $ 39,405 $ (217,987) $ 133,340
Basic net income (loss) per common share (in dollars per share) $ 0.34 $ 0.35 $ (1.92) $ 1.18
Weighted average basic shares outstanding (in shares) 113,520 113,526 113,495 113,395
Diluted net income (loss) per common share (in dollars per share) $ 0.33 $ 0.35 $ (1.92) $ 1.17
Weighted average diluted shares outstanding (in shares) 113,862 113,971 113,495 113,879
Casino [Member]        
Revenues        
Total revenues $ 565,965 $ 613,487 $ 1,260,841 $ 1,867,399
Operating costs and expenses        
Cost of Revenue 214,984 276,302 530,445 835,511
Food and Beverage [Member]        
Revenues        
Total revenues 38,778 108,069 139,323 331,206
Operating costs and expenses        
Cost of Revenue 38,691 101,981 145,275 307,609
Occupancy [Member]        
Revenues        
Total revenues 26,925 60,705 80,570 179,046
Operating costs and expenses        
Cost of Revenue 12,931 28,393 41,013 83,074
Product and Service, Other [Member]        
Revenues        
Total revenues 20,570 37,307 61,888 115,337
Operating costs and expenses        
Cost of Revenue $ 5,809 $ 23,526 $ 29,425 $ 72,154