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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total revenues $ 967,512 $ 916,950 $ 1,928,033 $ 1,880,916
Operating costs and expenses        
Selling, general and administrative 105,134 99,070 213,318 199,389
Master lease rent expense 27,852 27,099 55,087 53,927
Maintenance and utilities 36,946 37,591 71,690 73,617
Depreciation and amortization 65,677 62,220 128,590 123,780
Corporate expense 31,255 31,705 60,640 60,360
Project development, preopening and writedowns 7,586 5,201 10,607 (13,673)
Impairment of assets 0 0 10,500 4,537
Other operating items, net 5,442 438 5,853 658
Total operating costs and expenses 740,406 672,921 1,481,542 1,352,008
Operating income 227,106 244,029 446,491 528,908
Other expense (income)        
Interest income (403) (2,715) (849) (20,860)
Interest expense, net of amounts capitalized 42,949 42,715 85,258 86,581
Other, net 50 522 100 626
Total other expense, net 42,596 40,522 84,509 66,347
Income before income taxes 184,510 203,507 361,982 462,561
Income tax provision (44,665) (11,053) (85,664) (70,376)
Net income $ 139,845 $ 192,454 $ 276,318 $ 392,185
Basic net income per common share (in dollars per share) $ 1.47 $ 1.89 $ 2.87 $ 3.81
Weighted average basic shares outstanding (in shares) 95,042 102,025 96,238 102,818
Diluted net income per common share (in dollars per share) $ 1.47 $ 1.89 $ 2.87 $ 3.81
Weighted average diluted shares outstanding (in shares) 95,080 102,071 96,280 102,867
Casino [Member]        
Total revenues $ 650,827 $ 660,729 $ 1,284,958 $ 1,325,037
Operating costs and expenses        
Cost of revenue 252,067 249,999 497,753 499,794
Food and Beverage [Member]        
Total revenues 76,994 70,366 149,633 141,950
Operating costs and expenses        
Cost of revenue 63,182 58,622 125,139 117,951
Occupancy [Member]        
Total revenues 52,595 49,761 101,542 99,826
Operating costs and expenses        
Cost of revenue 19,342 18,580 38,054 35,700
Online [Member]        
Total revenues 129,930 85,002 276,100 207,865
Operating costs and expenses        
Cost of revenue 112,675 71,393 238,150 173,398
Management Service [Member]        
Total revenues 21,252 17,446 43,497 37,476
Product and Service, Other [Member]        
Total revenues 35,914 33,646 72,303 68,762
Operating costs and expenses        
Cost of revenue $ 13,248 $ 11,003 $ 26,161 $ 22,570