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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2018
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following tables set forth, for the periods indicated, certain operating data for the Company’s segments, and reconciles Adjusted EBITDA to net income (loss):
|  | Three Months Ended September 30, 2018 |
(In thousands) |  | Casinos |  |  | Distributed Gaming |  |  | Corporate and Other |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  | $ | 60,440 |  |  | $ | 67,324 |  |  | $ | — |  |  | $ | 127,764 |
Food and beverage |  |  | 29,666 |  |  |  | 12,333 |  |  |  | — |  |  |  | 41,999 |
Rooms |  |  | 28,104 |  |  |  | — |  |  |  | — |  |  |  | 28,104 |
Other |  |  | 10,627 |  |  |  | 1,531 |  |  |  | 312 |  |  |  | 12,470 |
Total revenues |  | $ | 128,837 |  |  | $ | 81,188 |  |  | $ | 312 |  |  | $ | 210,337 |
Net income (loss) |  | $ | 19,113 |  |  | $ | 5,014 |  |  | $ | (27,251 | ) |  | $ | (3,124 | )
Depreciation and amortization |  |  | 17,667 |  |  |  | 5,292 |  |  |  | 371 |  |  |  | 23,330 |
Acquisition expenses |  |  | — |  |  |  | — |  |  |  | 1,123 |  |  |  | 1,123 |
Loss on disposal of property and equipment |  |  | 770 |  |  |  | 4 |  |  |  | — |  |  |  | 774 |
Share-based compensation |  |  | 37 |  |  |  | 3 |  |  |  | 2,743 |  |  |  | 2,783 |
Preopening expenses |  |  | — |  |  |  | 73 |  |  |  | (52 | ) |  |  | 21 |
Class action litigation expenses |  |  | — |  |  |  | — |  |  |  | 219 |  |  |  | 219 |
Executive severance |  |  | 54 |  |  |  | 1 |  |  |  | 65 |  |  |  | 120 |
Other, net |  |  | — |  |  |  | — |  |  |  | 50 |  |  |  | 50 |
Interest expense, net |  |  | 25 |  |  |  | 21 |  |  |  | 16,245 |  |  |  | 16,291 |
Change in fair value of derivative |  |  | — |  |  |  | — |  |  |  | (1,222 | ) |  |  | (1,222 | )
Income tax benefit |  |  | — |  |  |  | — |  |  |  | (2,222 | ) |  |  | (2,222 | )
Adjusted EBITDA |  | $ | 37,666 |  |  | $ | 10,408 |  |  | $ | (9,931 | ) |  | $ | 38,143 |
|  | Three Months Ended September 30, 2017 |
(In thousands) |  | Casinos |  |  | Distributed Gaming |  |  | Corporate and Other |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  | $ | 19,958 |  |  | $ | 66,686 |  |  | $ | — |  |  | $ | 86,644 |
Food and beverage |  |  | 3,674 |  |  |  | 11,495 |  |  |  | — |  |  |  | 15,169 |
Rooms |  |  | 2,237 |  |  |  | — |  |  |  | — |  |  |  | 2,237 |
Other |  |  | 1,552 |  |  |  | 1,966 |  |  |  | 92 |  |  |  | 3,610 |
Total revenues |  | $ | 27,421 |  |  | $ | 80,147 |  |  | $ | 92 |  |  | $ | 107,660 |
Net income (loss) |  | $ | 6,686 |  |  | $ | 7,517 |  |  | $ | (5,648 | ) |  | $ | 8,555 |
Depreciation and amortization |  |  | 2,202 |  |  |  | 4,937 |  |  |  | 400 |  |  |  | 7,539 |
Acquisition expenses |  |  | — |  |  |  | — |  |  |  | 2,975 |  |  |  | 2,975 |
Loss on disposal of property and equipment |  |  | 35 |  |  |  | 272 |  |  |  | 1 |  |  |  | 308 |
Gain on contingent consideration |  |  | — |  |  |  | (1,719 | ) |  |  | — |  |  |  | (1,719 | )
Share-based compensation |  |  | — |  |  |  | — |  |  |  | 1,603 |  |  |  | 1,603 |
Preopening expenses |  |  | — |  |  |  | 121 |  |  |  | 161 |  |  |  | 282 |
Class action litigation expenses |  |  | — |  |  |  | — |  |  |  | 1,530 |  |  |  | 1,530 |
Sign-on bonuses |  |  | — |  |  |  | — |  |  |  | 166 |  |  |  | 166 |
Interest expense, net |  |  | 5 |  |  |  | 41 |  |  |  | 1,839 |  |  |  | 1,885 |
Income tax benefit |  |  | — |  |  |  | — |  |  |  | (8,051 | ) |  |  | (8,051 | )
Adjusted EBITDA |  | $ | 8,928 |  |  | $ | 11,169 |  |  | $ | (5,024 | ) |  | $ | 15,073 |
|  | Nine Months Ended September 30, 2018 |
(In thousands) |  | Casinos |  |  | Distributed Gaming |  |  | Corporate and Other |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  | $ | 186,828 |  |  | $ | 207,345 |  |  | $ | — |  |  | $ | 394,173 |
Food and beverage |  |  | 90,405 |  |  |  | 37,619 |  |  |  | — |  |  |  | 128,024 |
Rooms |  |  | 81,737 |  |  |  | — |  |  |  | — |  |  |  | 81,737 |
Other |  |  | 31,280 |  |  |  | 5,782 |  |  |  | 673 |  |  |  | 37,735 |
Total revenues |  | $ | 390,250 |  |  | $ | 250,746 |  |  | $ | 673 |  |  | $ | 641,669 |
Net income (loss) |  | $ | 67,190 |  |  | $ | 20,014 |  |  | $ | (82,804 | ) |  | $ | 4,400 |
Depreciation and amortization |  |  | 54,714 |  |  |  | 15,419 |  |  |  | 1,288 |  |  |  | 71,421 |
Acquisition expenses |  |  | — |  |  |  | — |  |  |  | 2,429 |  |  |  | 2,429 |
Loss on disposal of property and equipment |  |  | 1,050 |  |  |  | 19 |  |  |  | — |  |  |  | 1,069 |
Share-based compensation |  |  | 37 |  |  |  | 3 |  |  |  | 7,345 |  |  |  | 7,385 |
Preopening expenses |  |  | — |  |  |  | 309 |  |  |  | 549 |  |  |  | 858 |
Class action litigation expenses |  |  | 16 |  |  |  | 195 |  |  |  | 343 |  |  |  | 554 |
Executive severance |  |  | 273 |  |  |  | 38 |  |  |  | 367 |  |  |  | 678 |
Other, net |  |  | 144 |  |  |  | 167 |  |  |  | 129 |  |  |  | 440 |
Interest expense, net |  |  | 74 |  |  |  | 93 |  |  |  | 46,933 |  |  |  | 47,100 |
Change in fair value of derivative |  |  | — |  |  |  | — |  |  |  | (5,895 | ) |  |  | (5,895 | )
Income tax benefit |  |  | — |  |  |  | — |  |  |  | (106 | ) |  |  | (106 | )
Adjusted EBITDA |  | $ | 123,498 |  |  | $ | 36,257 |  |  | $ | (29,422 | ) |  | $ | 130,333 |
|  | Nine Months Ended September 30, 2017 |
(In thousands) |  | Casinos |  |  | Distributed Gaming |  |  | Corporate and Other |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming |  | $ | 57,385 |  |  | $ | 204,694 |  |  | $ | — |  |  | $ | 262,079 |
Food and beverage |  |  | 10,747 |  |  |  | 34,314 |  |  |  | — |  |  |  | 45,061 |
Rooms |  |  | 5,646 |  |  |  | — |  |  |  | — |  |  |  | 5,646 |
Other |  |  | 4,112 |  |  |  | 6,263 |  |  |  | 267 |  |  |  | 10,642 |
Total revenues |  | $ | 77,890 |  |  | $ | 245,271 |  |  | $ | 267 |  |  | $ | 323,428 |
Net income (loss) |  | $ | 16,365 |  |  | $ | 23,596 |  |  | $ | (24,351 | ) |  | $ | 15,610 |
Depreciation and amortization |  |  | 5,798 |  |  |  | 14,513 |  |  |  | 1,188 |  |  |  | 21,499 |
Acquisition expenses |  |  | — |  |  |  | — |  |  |  | 5,041 |  |  |  | 5,041 |
Loss on disposal of property and equipment |  |  | 35 |  |  |  | 272 |  |  |  | 1 |  |  |  | 308 |
Gain on contingent consideration |  |  | — |  |  |  | (1,719 | ) |  |  | — |  |  |  | (1,719 | )
Share-based compensation |  |  | — |  |  |  | — |  |  |  | 5,352 |  |  |  | 5,352 |
Preopening expenses |  |  | — |  |  |  | 730 |  |  |  | 398 |  |  |  | 1,128 |
Class action litigation expenses |  |  | — |  |  |  | — |  |  |  | 1,585 |  |  |  | 1,585 |
Sign-on bonuses |  |  | — |  |  |  | — |  |  |  | 166 |  |  |  | 166 |
Interest expense, net |  |  | (34 | ) |  |  | 361 |  |  |  | 5,241 |  |  |  | 5,568 |
Income tax benefit |  |  | — |  |  |  | — |  |  |  | (10,893 | ) |  |  | (10,893 | )
Adjusted EBITDA |  | $ | 22,164 |  |  | $ | 37,753 |  |  | $ | (16,272 | ) |  | $ | 43,645 |
Total Segment Assets The Company’s assets by segment consisted of the following amounts:
(In thousands) |  | Casinos |  |  | Distributed Gaming |  |  | Corporate and Other |  |  | Consolidated |
Balance at September 30, 2018 |  | $ | 1,012,607 |  |  | $ | 297,151 |  |  | $ | 80,502 |  |  | $ | 1,390,260 |
Balance at December 31, 2017 |  | $ | 1,039,025 |  |  | $ | 298,453 |  |  | $ | 27,697 |  |  | $ | 1,365,175 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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