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v3.10.0.1

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Revenues |  |  |  |
Revenues | $ 826,913 | $ 842,446 | $ 1,642,998 | $ 1,660,528
Less promotional allowances |  | (45,983) |  | (87,841)
Net revenues | 826,913 | 796,463 | 1,642,998 | 1,572,687
Operating expenses |  |  |  |
General and administrative | 132,659 | 130,096 | 253,922 | 255,911
Depreciation and amortization | 58,559 | 68,969 | 118,949 | 139,205
(Recovery) provision for loan loss and unfunded loan commitments to the JIVDC and impairment losses | (16,985) | 5,635 | (16,367) | 5,635
Insurance recoveries | (68) |  | (68) |
Total operating expenses | 645,158 | 661,474 | 1,289,109 | 1,297,411
Income from operations | 181,755 | 134,989 | 353,889 | 275,276
Other income (expenses) |  |  |  |
Interest expense | (115,873) | (116,768) | (231,613) | (231,764)
Interest income | 241 | 235 | 490 | 2,881
Income from unconsolidated affiliates | 5,734 | 5,021 | 11,095 | 9,569
Loss on early extinguishment of debt and modification costs | (2,579) |  | (3,461) | (23,390)
Other | (48) | (173) | (44) | (1,966)
Total other expenses | (112,525) | (111,685) | (223,533) | (244,670)
Income from operations before income taxes | 69,230 | 23,304 | 130,356 | 30,606
Income tax provision (benefit) | 15,242 | 6,225 | 30,931 | 8,423
Net income | $ 53,988 | $ 17,079 | $ 99,425 | $ 22,183
Earnings per common share: |  |  |  |
Basic earnings per common share (in dollars per share) | $ 0.59 | $ 0.19 | $ 1.09 | $ 0.24
Diluted earnings per common share (in dollars per share) | $ 0.57 | $ 0.18 | $ 1.05 | $ 0.24
Gaming |  |  |  |
Revenues |  |  |  |
Revenues | $ 665,094 | $ 680,979 | $ 1,319,588 | $ 1,342,235
Operating expenses |  |  |  |
Operating expenses | 350,694 | 345,156 | 691,210 | 677,209
Food, beverage, hotel and other |  |  |  |
Revenues |  |  |  |
Revenues | 133,664 | 152,148 | 264,633 | 299,889
Operating expenses |  |  |  |
Operating expenses | 95,112 | 105,231 | 188,092 | 206,306
Management service fees |  |  |  |
Revenues |  |  |  |
Revenues | 2,968 | 2,932 | 5,406 | 5,259
Reimbursable management costs |  |  |  |
Revenues |  |  |  |
Revenues | 25,187 | 6,387 | 53,371 | 13,145
Operating expenses |  |  |  |
Operating expenses | $ 25,187 | $ 6,387 | $ 53,371 | $ 13,145

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