XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 205,396 $ 243,314 $ 488,527 $ 731,276
Expenses        
Other operating 2,748 4,815 9,279 16,409
Selling, general and administrative 52,132 57,106 132,290 170,288
Depreciation and amortization 31,551 29,611 94,637 86,852
Impairment of goodwill and intangible assets 0 0 27,872 0
Acquisition and severance expenses 24 428 3,367 3,095
(Gain) loss on disposal of assets (474) (233) 817 599
Preopening expenses 73 243 187 1,759
Total expenses 195,947 233,433 554,852 695,659
Operating income (loss) 9,449 9,881 (66,325) 35,617
Non-operating expense        
Interest expense, net (16,422) (18,776) (51,575) (56,046)
Loss on extinguishment and modification of debt 0 0 0 (9,150)
Change in fair value of derivative 0 (352) (1) (4,089)
Total non-operating expense, net (16,422) (19,128) (51,576) (69,285)
Loss before income tax benefit (provision) (6,973) (9,247) (117,901) (33,668)
Income tax benefit (provision) 17 (200) (241) 1,795
Net loss $ (6,956) $ (9,447) $ (118,142) $ (31,873)
Weighted-average common shares outstanding (in shares)        
Basic (in shares) 28,130 27,806 28,045 27,714
Dilutive impact of stock options and restricted stock units (in shares) 0 0 0 0
Diluted (in shares) 28,130 27,806 28,045 27,714
Net loss per share (USD per share)        
Basic (USD per share) $ (0.25) $ (0.34) $ (4.21) $ (1.15)
Diluted (USD per share) $ (0.25) $ (0.34) $ (4.21) $ (1.15)
Gaming        
Revenues        
Total revenues $ 145,521 $ 142,568 $ 329,413 $ 432,606
Expenses        
Cost of goods and services sold 76,128 83,799 189,471 250,154
Food and beverage        
Revenues        
Total revenues 28,685 51,109 80,400 152,971
Expenses        
Cost of goods and services sold 22,654 41,020 67,280 119,450
Rooms        
Revenues        
Total revenues 22,505 35,347 54,097 102,148
Expenses        
Cost of goods and services sold 11,111 16,644 29,652 47,053
Other        
Revenues        
Total revenues $ 8,685 $ 14,290 $ 24,617 $ 43,551