v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net income $ 65,271 $ 78,619
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 77,071 53,337
Amortization of items charged to interest expense 2,149 1,649
Loss (gain) on sale of fixed assets 2,390 (945)
Gain from unconsolidated affiliates (1,721) (1,685)
Distributions of earnings from unconsolidated affiliates 5,000  
Deferred income taxes 8,174 (3,143)
Charge for stock-based compensation 6,251 7,911
(Increase) decrease, net of businesses acquired    
Accounts receivable (3,807) (114)
Insurance receivable   1,072
Prepaid expenses and other current assets 21,878 3,459
Other assets (11,544) (2,328)
Increase (decrease), net of businesses acquired    
Accounts payable 3,922 197
Accrued expenses (30,503) (23,897)
Accrued interest (6,990) (7,711)
Accrued salaries and wages (18,096) (22,201)
Gaming, pari-mutuel, property and other taxes 5,703 (219)
Income taxes   31,434
Other current and noncurrent liabilities 6,669 5,465
Other noncurrent tax liabilities 1,971 1,724
Net cash provided by operating activities 133,788 122,624
Investing activities    
Expenditures for property and equipment, net of reimbursements (62,703) (119,659)
Proceeds from sale of property and equipment 2,517 1,283
Investment in joint ventures (500) (39,600)
Decrease in cash in escrow 26,000 25,650
Acquisition of gaming licenses (1,125)  
Net cash used in investing activities (35,811) (132,326)
Financing activities    
Proceeds from exercise of options 15,461 4,640
Repurchase of preferred stock (22,275)  
Proceeds from issuance of long-term debt, net of issuance costs 19,954 47,932
Principal payments on long-term debt (136,949) (60,656)
Proceeds from insurance financing 15,306  
Payments on insurance financing (5,706) (4,682)
Tax benefit from stock options exercised 3,467 1,479
Net cash used in financing activities (110,742) (11,287)
Net decrease in cash and cash equivalents (12,765) (20,989)
Cash and cash equivalents at beginning of year 260,467 238,440
Cash and cash equivalents at end of period 247,702 217,451
Supplemental disclosure    
Interest expense paid, net of amounts capitalized 32,673 24,007
Income taxes paid $ 1,124 $ 15,353