|
|
|
|
Midwest |
|
East/West (1) |
|
Southern Plains (2) |
|
Other |
|
Total |
|
|
|
|
(in thousands) |
|
|
Three months ended March 31, 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
Net revenues |
|
$ |
205,110 |
|
$ |
370,629 |
|
$ |
149,720 |
|
$ |
10,600 |
|
$ |
736,059 |
|
|
Income (loss) from operations |
|
46,281 |
|
83,891 |
|
44,712 |
|
(32,269 |
) |
142,615 |
|
|
Depreciation and amortization |
|
17,552 |
|
22,241 |
|
11,388 |
|
2,156 |
|
53,337 |
|
|
Gain from unconsolidated affiliates |
|
— |
|
— |
|
1,678 |
|
7 |
|
1,685 |
|
|
Capital expenditures |
|
101,880 |
|
10,659 |
|
3,932 |
|
3,188 |
|
119,659 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, 2011 |
|
|
|
|
|
|
|
|
|
|
|
|
Net revenues |
|
213,811 |
|
288,383 |
|
155,090 |
|
9,739 |
|
667,023 |
|
|
Income (loss) from operations |
|
52,676 |
|
59,738 |
|
39,509 |
|
(29,188 |
) |
122,735 |
|
|
Depreciation and amortization |
|
15,644 |
|
20,567 |
|
14,664 |
|
2,283 |
|
53,158 |
|
|
Loss from unconsolidated affiliates |
|
— |
|
— |
|
(322 |
) |
(2,032 |
) |
(2,354 |
) |
|
Capital expenditures |
|
33,206 |
|
13,994 |
|
6,628 |
|
696 |
|
54,524 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet at March 31, 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
1,951,980 |
|
1,244,016 |
|
1,061,173 |
|
392,794 |
|
4,649,963 |
|
|
Investment in and advances to unconsolidated affiliates |
|
— |
|
110 |
|
147,982 |
|
67,324 |
|
215,416 |
|
|
Goodwill and other intangible assets, net |
|
924,489 |
|
226,074 |
|
394,018 |
|
55,864 |
|
1,600,445 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet at December 31, 2011 |
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
1,897,164 |
|
1,265,438 |
|
1,034,506 |
|
409,238 |
|
4,606,346 |
|
|
Investment in and advances to unconsolidated affiliates |
|
— |
|
110 |
|
107,204 |
|
66,802 |
|
174,116 |
|
|
Goodwill and other intangible assets, net |
|
925,822 |
|
226,234 |
|
394,018 |
|
55,878 |
|
1,601,952 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Net revenue and income from operations for the East/West segment increased by $82.2 million and $24.2 million, respectively, for the three months ended March 31, 2012, as compared to the three months ended March 31, 2011, primarily related to the acquisition of the M Resort on June 1, 2011, as well as the continued impact from the introduction of table games in July 2010 at Hollywood Casino at Charles Town Races.
(2) Gain from unconsolidated affiliates for the Southern Plains segment was impacted by the opening of Hollywood Casino at Kansas Speedway on February 3, 2012. |