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Discontinued Operations
12 Months Ended
Dec. 31, 2015
Discontinued Operations  
Discontinued Operations

 

21.   Discontinued Operations

        On November 1, 2013, as part of the Spin-Off with GLPI, Penn contributed all the assets and liabilities of Hollywood Casino Baton Rouge and Hollywood Casino Perryville, which are referred to as the "TRS Properties." The results of operations of the TRS Properties are presented as discontinued operations in the Consolidated Statement of Operations.

        The results of our discontinued operations are summarized as follows:

                                                                                                                                                                                    

 

 

2013

 

 

 

(in thousands)

 

Major classes of line items constituting pretax income of discontinued operations

 

 

 

 

Revenue

 

$

140,868 

 

Operating expenses

 

 

117,355 

 

Other expense items

 

 

4,202 

 

​  

​  

Pretax income of discontinued operations

 

 

19,311 

 

Income tax provision

 

 

7,766 

 

​  

​  

Income from discontinued operations, net of tax

 

$

11,545 

 

​  

​  

​  

​  

        Cash flows provided by (used in) operating activities, investing activities and financing activities from discontinued operations were $11.1 million, $(3.2) million, and $(3.4) million for the year-ended December 31, 2013.