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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Total revenues $ 248,070 $ 216,543 $ 487,962 $ 431,332
Expenses        
Other operating 5,160 3,655 11,594 7,651
Selling, general and administrative 56,235 43,615 113,182 87,821
Depreciation and amortization 29,976 22,854 57,241 48,091
Acquisition and severance expenses 1,123 565 2,667 1,864
Preopening expenses 738 389 [1] 1,516 837 [1]
Loss on disposal of assets 585 218 832 295
Total expenses 234,048 197,448 462,226 395,556
Operating income 14,022 19,095 25,736 35,776
Non-operating income (expense)        
Interest expense, net (19,135) (16,066) (37,270) (30,809)
Loss on extinguishment and modification of debt (9,150)   (9,150)  
Change in fair value of derivative (1,489) 1,462 (3,737) 4,673
Total non-operating expense, net (29,774) (14,604) (50,157) (26,136)
Income (loss) before income tax benefit (15,752) 4,491 (24,421) 9,640
Income tax benefit (provision) 1,344 (897) 1,995 (2,116)
Net income (loss) $ (14,408) $ 3,594 $ (22,426) $ 7,524
Weighted-average common shares outstanding        
Basic 27,762 27,406 27,667 27,278
Dilutive impact of stock options and restricted stock units   2,258   2,250
Diluted 27,762 29,664 27,667 29,528
Net income (loss) per share        
Basic $ (0.52) $ 0.13 $ (0.81) $ 0.28
Diluted $ (0.52) $ 0.12 $ (0.81) $ 0.25
Gaming [Member]        
Revenues        
Total revenues $ 146,246 $ 132,546 $ 290,038 $ 266,409
Expenses        
Cost of goods and services sold 84,007 78,510 166,355 156,198
Food and beverage [Member]        
Revenues        
Total revenues 52,104 43,422 101,862 86,025
Expenses        
Cost of goods and services sold 40,216 35,351 78,430 68,943
Rooms [Member]        
Revenues        
Total revenues 35,514 27,660 66,801 53,787
Expenses        
Cost of goods and services sold 16,008 12,291 30,409 23,856
Other [Member]        
Revenues        
Total revenues $ 14,206 $ 12,915 $ 29,261 $ 25,111
[1] Preopening expenses include rent, organizational costs, non-capital costs associated with the opening of tavern and casino locations, and expenses related to The Strat rebranding and the launch of the TrueRewards loyalty program.