XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total revenues $ 961,246 $ 903,164 $ 2,889,279 $ 2,784,080
Operating costs and expenses        
Selling, general and administrative 102,391 99,944 315,709 299,333
Master lease rent expense 28,160 27,236 83,247 81,163
Maintenance and utilities 40,421 41,720 112,111 115,337
Depreciation and amortization 70,344 64,797 198,934 188,577
Corporate expense 27,614 27,872 88,254 88,232
Project development, preopening and writedowns 11,347 2,405 21,954 (11,268)
Impairment of assets 0 0 10,500 4,537
Other operating items, net (906) 301 4,947 959
Total operating costs and expenses 741,261 685,292 2,222,803 2,037,300
Operating income 219,985 217,872 666,476 746,780
Other expense (income)        
Interest income (392) (1,585) (1,241) (22,445)
Interest expense, net of amounts capitalized 46,208 42,352 131,466 128,933
Other, net 189 (30) 289 596
Total other expense, net 46,005 40,737 130,514 107,084
Income before income taxes 173,980 177,135 535,962 639,696
Income tax provision (42,852) (41,902) (128,516) (112,278)
Net income $ 131,128 $ 135,233 $ 407,446 $ 527,418
Basic net income per common share (in dollars per share) $ 1.43 $ 1.34 $ 4.3 $ 5.16
Weighted average basic shares outstanding (in shares) 91,863 100,804 94,769 102,139
Diluted net income per common share (in dollars per share) $ 1.43 $ 1.34 $ 4.3 $ 5.16
Weighted average diluted shares outstanding (in shares) 91,893 100,850 94,807 102,187
Casino [Member]        
Total revenues $ 640,528 $ 641,168 $ 1,925,486 $ 1,966,205
Operating costs and expenses        
Cost of revenue 252,213 251,536 749,966 751,330
Food and Beverage [Member]        
Total revenues 72,728 70,986 222,361 212,936
Operating costs and expenses        
Cost of revenue 62,713 59,672 187,852 177,623
Occupancy [Member]        
Total revenues 50,226 48,720 151,768 148,546
Operating costs and expenses        
Cost of revenue 19,674 19,180 57,728 54,880
Online [Member]        
Total revenues 141,312 90,288 417,412 298,153
Operating costs and expenses        
Cost of revenue 115,119 79,080 353,269 252,478
Management Service [Member]        
Total revenues 21,030 17,153 64,527 54,629
Product and Service, Other [Member]        
Total revenues 35,422 34,849 107,725 103,611
Operating costs and expenses        
Cost of revenue $ 12,171 $ 11,549 $ 38,332 $ 34,119