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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Gaming $ 618,919 $ 576,158 $ 1,210,255 $ 1,146,841
Food, beverage and other 117,421 110,574 226,184 215,444
Management service fee 2,816 3,105 4,743 5,563
Revenues 739,156 689,837 1,441,182 1,367,848
Less promotional allowances (38,200) (37,691) (76,088) (74,622)
Net revenues 700,956 652,146 1,365,094 1,293,226
Operating expenses        
Gaming 313,616 284,107 608,511 570,184
Food, beverage and other 82,803 80,403 160,732 157,941
General and administrative 118,572 107,898 234,641 215,637
Rental expense related to Master Lease 109,519 104,613 218,364 208,922
Depreciation and amortization 41,752 47,183 84,674 94,549
Impairment losses   4,560   4,560
Total operating expenses 666,262 628,764 1,306,922 1,251,793
Income from operations 34,694 23,382 58,172 41,433
Other income (expenses)        
Interest expense (12,295) (10,892) (24,458) (22,187)
Interest income 2,443 790 4,313 1,257
Income from unconsolidated affiliates 4,154 1,473 8,136 3,956
Other (956) (1,823) 2,133 (192)
Total other expenses (6,654) (10,452) (9,876) (17,166)
Income from operations before income taxes 28,040 12,930 48,296 24,267
Income tax provision 11,154 8,754 20,414 15,554
Net income $ 16,886 $ 4,176 $ 27,882 $ 8,713
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.19 $ 0.05 $ 0.32 $ 0.10
Diluted earnings per common share (in dollars per share) $ 0.19 $ 0.05 $ 0.31 $ 0.10