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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Total revenues $ 292,467 $ 75,974 $ 532,163 $ 283,131
Expenses        
Other operating 3,099 1,404 5,795 6,531
Selling, general and administrative 53,285 32,548 106,876 80,158
Depreciation and amortization 26,682 31,930 53,868 63,086
Loss on disposal of assets 610 702 819 1,291
Preopening expenses 109 9 229 114
Impairment of goodwill and intangible assets 0 21,411 0 27,872
Severance expenses 0 367 0 3,343
Total expenses 232,506 137,927 445,831 358,905
Operating income (loss) 59,961 (61,953) 86,332 (75,774)
Non-operating income (expense)        
Other non-operating income 60,000 0 60,000 0
Interest expense, net (16,169) (16,407) (32,217) (35,153)
Change in fair value of derivative 0 0 0 (1)
Total non-operating income (expense), net 43,831 (16,407) 27,783 (35,154)
Income (loss) before income tax provision 103,792 (78,360) 114,115 (110,928)
Income tax provision (786) (206) (489) (258)
Net income (loss) $ 103,006 $ (78,566) $ 113,626 $ (111,186)
Weighted-average common shares outstanding (in shares)        
Basic (in shares) 28,621 28,072 28,421 28,001
Dilutive impact of stock options and restricted stock units (in shares) 2,990 0 2,864 0
Diluted (in shares) 31,611 28,072 31,285 28,001
Net income (loss) per share (USD per share)        
Basic (USD per share) $ 3.60 $ (2.80) $ 4.00 $ (3.97)
Diluted (USD per share) $ 3.26 $ (2.80) $ 3.63 $ (3.97)
Gaming        
Revenues        
Total revenues $ 204,957 $ 56,677 $ 381,957 $ 183,892
Expenses        
Cost of goods and services sold 106,805 35,231 203,177 113,343
Food and beverage        
Revenues        
Total revenues 44,938 10,168 78,742 51,715
Expenses        
Cost of goods and services sold 29,533 9,739 53,074 44,626
Rooms        
Revenues        
Total revenues 30,249 5,987 48,647 31,592
Expenses        
Cost of goods and services sold 12,383 4,586 21,993 18,541
Other        
Revenues        
Total revenues $ 12,323 $ 3,142 $ 22,817 $ 15,932