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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: |  |  |  |
Total revenues | $ 237,949 | $ 243,272 | $ 419,479 | $ 439,482
Operating Expenses: |  |  |  |
Depreciation and amortization | 26,033 | 25,585 | 50,935 | 49,948
Hotel acquisition costs | 0 | 22 | 0 | 2,273
Corporate expenses | 7,832 | 6,828 | 17,618 | 13,090
Gain on business interruption insurance | (2,000) | 0 | (8,027) | 0
Total operating expenses, net | 200,012 | 192,621 | 368,023 | 369,535
Operating profit | 37,937 | 50,651 | 51,456 | 69,947
Interest and other income, net | (296) | (192) | (807) | (551)
Interest expense | 10,274 | 9,585 | 20,151 | 19,098
Loss on early extinguishment of debt | 0 | 274 | 0 | 274
Total other expenses, net | 9,978 | 9,667 | 19,344 | 18,821
Income before income taxes | 27,959 | 40,984 | 32,112 | 51,126
Income tax benefit (expense) | 50 | (4,389) | 235 | (5,644)
Net income | $ 28,009 | $ 36,595 | $ 32,347 | $ 45,482
Earnings per share: |  |  |  |
Basic earnings per share (in dollars per share) | $ 0.14 | $ 0.18 | $ 0.16 | $ 0.23
Diluted earnings per share (in dollars per share) | $ 0.14 | $ 0.18 | $ 0.16 | $ 0.23
Rooms |  |  |  |
Revenues: |  |  |  |
Total revenues | $ 175,058 | $ 177,483 | $ 304,036 | $ 315,315
Operating Expenses: |  |  |  |
Operating expenses | 40,593 | 41,565 | 76,193 | 78,466
Food and beverage |  |  |  |
Revenues: |  |  |  |
Total revenues | 51,572 | 52,762 | 92,364 | 97,540
Operating Expenses: |  |  |  |
Operating expenses | 31,701 | 33,064 | 59,155 | 62,530
Management fees |  |  |  |
Operating Expenses: |  |  |  |
Operating expenses | 6,610 | 6,949 | 9,443 | 12,961
Other |  |  |  |
Revenues: |  |  |  |
Total revenues | 11,319 | 13,027 | 23,079 | 26,627
Operating Expenses: |  |  |  |
Operating expenses | $ 89,243 | $ 78,608 | $ 162,706 | $ 150,267

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