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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Total revenues $ 893,602 $ 209,859 $ 1,646,909 $ 890,384
Operating costs and expenses        
Selling, general and administrative 90,473 60,268 180,480 173,698
Master lease rent expense 26,175 25,413 52,090 50,078
Maintenance and utilities 31,157 21,654 59,388 54,800
Depreciation and amortization 67,279 69,213 131,746 136,178
Corporate expense 34,716 13,963 58,031 38,921
Project development, preopening and writedowns 1,454 3,825 2,869 7,333
Impairment of assets 0 0 0 171,100
Other operating items, net 11,115 1,099 12,272 8,642
Total operating costs and expenses 627,260 296,207 1,186,832 1,114,493
Operating income (loss) 266,342 (86,348) 460,077 (224,109)
Other expense (income)        
Interest income (455) (569) (964) (1,008)
Interest expense, net of amounts capitalized 55,131 59,208 113,021 111,053
Loss on early extinguishments and modifications of debt 65,475 412 65,475 587
Other, net 237 115 2,169 (229)
Total other expense, net 120,388 59,166 179,701 110,403
Income (loss) before income taxes 145,954 (145,514) 280,376 (334,512)
Income tax benefit (provision) (32,225) 36,970 (64,486) 78,409
Net income (loss) $ 113,729 $ (108,544) $ 215,890 $ (256,103)
Basic net income (loss) per common share (in dollars per share) $ 1.00 $ (0.96) $ 1.90 $ (2.26)
Weighted average basic shares outstanding (in shares) 113,779 113,257 113,703 113,482
Diluted net income (loss) per common share (in dollars per share) $ 1.00 $ (0.96) $ 1.89 $ (2.26)
Weighted average diluted shares outstanding (in shares) 114,040 113,257 114,005 113,482
Casino [Member]        
Revenues        
Total revenues $ 727,462 $ 185,111 $ 1,345,388 $ 694,876
Operating costs and expenses        
Cost of Revenue 259,378 76,761 491,491 315,461
Food and Beverage [Member]        
Revenues        
Total revenues 57,428 10,661 101,540 100,545
Operating costs and expenses        
Cost of Revenue 46,819 16,745 85,732 106,584
Occupancy [Member]        
Revenues        
Total revenues 39,077 6,918 65,067 53,645
Operating costs and expenses        
Cost of Revenue 14,207 5,097 26,339 28,082
Product and Service, Other [Member]        
Revenues        
Total revenues 69,635 7,169 134,914 41,318
Operating costs and expenses        
Cost of Revenue $ 44,487 $ 2,169 $ 86,394 $ 23,616