XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Employee Retirement and Benefit Plans | 12 Months Ended
--- | ---
Dec. 31, 2017
Compensation And Retirement Disclosure [Abstract] |
Employee Retirement Plans | Note 11 – Employee Retirement and Benefit Plans Defined contribution employee savings plans The Company has a qualified defined contribution employee savings plan for employees (other than those who were acquired though the American Acquisition). The savings plan allows eligible participants to defer, on a pre-tax basis, a portion of their salary and accumulate tax-deferred earnings as a retirement fund. The Company currently matches employee contributions up to a maximum of 4% of participating employees’ gross wages. Company contributions are vested immediately for this plan. The Company inherited a qualified defined contribution employee savings plan through the American Acquisition for all non-union employees previously employed by American and its subsidiaries. The plan allows eligible participants to defer, within prescribed limits, up to 75% of their income on a pre-tax basis through contributions to the plan. The Company also inherited a qualified defined contribution employee savings plan through the Merger for all employees previously employed by Sartini Gaming. The savings plan for those former Sartini Gaming employees allows eligible participants to defer, on a pre-tax basis, a portion of their salary and accumulate tax-deferred earnings as a retirement fund. Beginning on August 1, 2015, the Company matched employee contributions for this plan up to a maximum of 1% of participating employees’ gross wages. Company contributions are vested over a five-year schedule. With respect to the two plans with Company contributions, the Company contributed approximately $0.2 million, $0.3 million and $0.2 million during the years ended December 31, 2017, 2016 and 2015, respectively. Pension plans The Company inherited various other employee multiemployer benefit and pension plans through the American Acquisition. As of December 31, 2017, approximately 1,700 of the Company’s employees were members of various unions and covered by union-sponsored, collectively bargained, multiemployer health and welfare and defined benefit pension plans. The Company recorded $2.1 million in expenses for these plans for the year ended December 31, 2017. The Company has no obligation to fund the plans beyond payments made based upon hours worked. The risks of participating in multiemployer plans are different from single-employer plans, including in the following aspects:
| • | Assets contributed to multiemployer plans by one employer may be used to provide benefits to employees of other participating employers;
| • | If a participating employer stops contributing to a multiemployer plan, the unfunded obligations of the multiemployer plan may be required to be borne by the remaining participating employers; and
| • | If an entity chooses to stop participating in some of its multiemployer plans, the entity may be required to pay those plans an amount based on the underfunded status of those plans, referred to as a “withdrawal liability.”
The Company considers the following multiemployer pension plans to be significant:
|  |  |  |  |  |  |  | FIR/RP |  |  |  | Expiration Date
|  |  |  | Pension Protection |  | Status |  |  |  | Of Collective-
|  |  |  | Zone Status (1) |  | Pending/ |  | Surcharge |  | Bargaining
Multiemployer Pension Plans |  | EIN/Plan Number |  | 2016 |  | 2015 |  | Implemented |  | Imposed |  | Agreement
Central Pension Fund of the IUOE and Participating Employers |  | 36-6052390-001 |  | Green |  | Green |  | No |  | No |  | 3/31/2018 and 3/31/2020
Southern Nevada Culinary and Bartenders Pension Plan |  | 88-6016617-001 |  | Green |  | Green |  | No |  | No |  | 5/31/2018
(1) | The Pension Protection Act of 2006 requires plans that are certified as endangered (yellow) or critical (red) to develop and implement a funding improvement plan.
The Company’s contributions to each multiemployer pension and benefit plans are as follows:
|  | Year End |
(In thousands) |  | December 31, 2017 |
Multiemployer pension plans |  |  |  |
Operating Engineers Local 501 Security Fund |  | $ | 165 |
Southern Nevada Culinary and Bartenders Pension Plan |  |  | 453 |
Other pension plans |  |  | 45 |
Total contributions |  | $ | 663 |
Multiemployer benefit plans (excluding pension plans) |  |  |  |
HEREIU Welfare Fund |  | $ | 1,691 |
All other |  |  | 2 |
Total contributions |  | $ | 1,693 |
For the 2016 plan year, the latest period for which plan data is available, the Company did not make any contributions to the multiemployer pension and benefit plans it inherited from American, as the American Acquisition was not consummated until October 2017.

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration