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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The table below presents net revenue from external customers and intercompany revenue from each of our operating segments:
 
Year Ended December 31,
(in thousands)
2015
 
2014
 
2013
Net revenue from external customers:
 
 
 
 
 
Racing:
 
 
 
 
 
Churchill Downs
$
151,125

 
$
143,191

 
$
132,845

Arlington
54,405

 
60,312

 
64,483

Fair Grounds
40,343

 
38,625

 
40,677

Calder
2,730

 
19,325

 
36,264

Total Racing
248,603

 
261,453

 
274,269

Casinos:
 
 
 
 
 
Oxford Casino
80,405

 
76,526

 
34,350

Riverwalk Casino
49,758

 
50,139

 
53,645

Harlow’s Casino
48,978

 
50,199

 
52,440

Calder Casino
77,421

 
77,003

 
78,951

Fair Grounds Slots
38,408

 
40,774

 
42,156

VSI
36,913

 
33,653

 
35,634

Saratoga
416

 
—

 
—

Total Casinos
332,299

 
328,294

 
297,176

TwinSpires
200,168

 
190,333

 
184,541

Big Fish Games:
 
 
 
 
 
Casino
193,428

 
7,627

 
—

Casual free-to-play
125,321

 
2,098

 
—

Premium
94,936

 
4,130

 
—

Total Big Fish Games
413,685

 
13,855

 
—

Other Investments
16,636

 
17,125

 
21,899

Corporate
910

 
1,158

 
1,143

Net revenue from external customers
$
1,212,301

 
$
812,218

 
$
779,028

Intercompany net revenue:
 
 
 
 
 
Racing:
 
 
 
 
 
Churchill Downs
$
7,832

 
$
7,038

 
$
6,686

Arlington
5,063

 
5,767

 
3,395

Fair Grounds
1,306

 
1,089

 
1,151

Calder
—

 
707

 
1,263

Total Racing
14,201

 
14,601

 
12,495

TwinSpires
1,032

 
958

 
853

Other Investments
3,532

 
4,130

 
4,409

Eliminations
(18,765
)
 
(19,689
)
 
(17,757
)
Net revenue
$
—

 
$
—

 
$
—


 
Year Ended December 31,
(in thousands)
2015
 
2014
 
2013
Reconciliation of segment Adjusted EBITDA to comprehensive income:
 
 
 
 
 
Racing
$
71,841

 
$
61,160

 
$
50,275

Casinos
108,516

 
101,106

 
80,631

TwinSpires
51,533

 
45,282

 
49,122

Big Fish Games
108,018

 
3,837

 
—

Other Investments
(37
)
 
(3,857
)
 
809

Corporate
(4,253
)
 
(5,037
)
 
(4,606
)
Total segment Adjusted EBITDA
335,618

 
202,491

 
176,231

Change in Big Fish Games deferred revenue
(39,554
)
 
(4,497
)
 
—

Big Fish Games adjustments
(21,748
)
 
(10,193
)
 
—

Stock-based compensation expense
(13,849
)
 
(11,931
)
 
(21,482
)
MVG interest expense, net
(2,098
)
 
(2,546
)
 
(170
)
Calder exit costs
(13,854
)
 
(2,298
)
 
—

Other charges and recoveries, net
5,833

 
(5,429
)
 
(1,204
)
Depreciation and amortization
(109,706
)
 
(68,257
)
 
(61,750
)
Interest income (expense), net
(28,553
)
 
(20,822
)
 
(6,119
)
Income tax provision
(46,892
)
 
(30,161
)
 
(30,473
)
Net income from continuing operations
65,197

 
46,357

 
55,033

Discontinued operations, net of income taxes
—

 
—

 
(133
)
Net income
65,197

 
46,357

 
54,900

Foreign currency translation, net of tax
(463
)
 
(125
)
 
—

Comprehensive income
$
64,734

 
$
46,232

 
$
54,900


The table below presents information about equity in income (losses) of unconsolidated investments included in our reported segments:
 
Year Ended December 31,
(in thousands)
2015
 
2014
 
2013
Casinos
$
10,929

 
$
8,900

 
$
(3,718
)
TwinSpires
—

 
(68
)
 
(848
)
Other Investments
251

 
(2,504
)
 
424

 
$
11,180

 
$
6,328

 
$
(4,142
)
Reconciliation of Assets from Segment to Consolidated
The table below presents total asset information for each of our operating segments:
 
As of December 31,
(in thousands)
2015
 
2014
Total assets:
 
 
 
Racing
$
437,070

 
$
456,034

Casinos
631,280

 
621,489

TwinSpires
177,624

 
178,694

Big Fish Games
947,112

 
996,918

Other Investments
37,033

 
34,083

Corporate
47,325

 
69,035

 
$
2,277,444

 
$
2,356,253

The table below presents capital expenditures for each of our operating segments:
 
Year Ended December 31,
(in thousands)
2015
 
2014
 
2013
Capital expenditures, net:
 
 
 
 
 
Racing
$
12,280

 
$
33,919

 
$
20,184

Casinos
18,784

 
7,715

 
13,643

TwinSpires
4,306

 
5,778

 
5,908

Big Fish Games
6,431

 
116

 
—

Other Investments
809

 
5,240

 
8,375

Corporate
900

 
1,718

 
661

 
$
43,510

 
$
54,486

 
$
48,771