v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Gaming $ 656,077 $ 609,111
Food, beverage and other 112,908 85,289
Management service fee 3,443 3,317
Revenues 772,428 697,717
Less promotional allowances (36,369) (30,694)
Net revenues 736,059 667,023
Operating expenses    
Gaming 340,169 320,756
Food, beverage and other 87,804 68,592
General and administrative 115,997 103,476
Depreciation and amortization 53,337 53,158
Insurance recoveries, net of deductible charges (3,863) (1,694)
Total operating expenses 593,444 544,288
Income from operations 142,615 122,735
Other income (expenses)    
Interest expense (18,043) (29,026)
Interest income 219 53
Gain (loss) from unconsolidated affiliates 1,685 (2,354)
Other (1,003) (1,643)
Total other expenses (17,142) (32,970)
Income from operations before income taxes 125,473 89,765
Taxes on income 46,854 38,237
Net income $ 78,619 $ 51,528
Earnings per common share:    
Basic earnings per common share (in dollars per share) $ 0.83 $ 0.53
Diluted earnings per common share (in dollars per share) $ 0.74 $ 0.48