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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Total revenues $ 257,726 $ 278,993 $ 822,458 $ 842,009
Expenses        
Other operating 5,487 4,531 17,222 13,853
Selling, general and administrative 67,727 59,389 196,856 177,586
Depreciation and amortization 22,213 24,286 67,175 75,894
(Gain) loss on disposal of assets (5) 266 (125) 935
Gain on sale of business (305,829) 0 (305,829) 0
Preopening expenses 50 2 575 61
Total (income) expenses (65,983) 243,941 430,361 729,480
Operating income 323,709 35,052 392,097 112,529
Non-operating expense        
Interest expense, net (15,306) (15,709) (52,345) (45,565)
Loss on debt extinguishment and modification 0 (158) (405) (1,412)
Total non-operating expense, net (15,306) (15,867) (52,750) (46,977)
Income before income tax (provision) benefit 308,403 19,185 339,347 65,552
Income tax (provision) benefit (67,187) (5,182) (74,219) 5,737
Net income $ 241,216 $ 14,003 $ 265,128 $ 71,289
Weighted-average common shares outstanding        
Basic (in shares) 28,827 28,505 28,662 28,757
Diluted (in shares) 30,794 31,148 30,900 31,640
Net income per share        
Basic (USD per share) $ 8.37 $ 0.49 $ 9.25 $ 2.48
Diluted (USD per share) $ 7.83 $ 0.45 $ 8.58 $ 2.25
Gaming        
Revenues        
Total revenues $ 165,177 $ 188,420 $ 535,619 $ 575,886
Expenses        
Cost of goods and services sold 94,820 108,040 307,126 323,431
Food and beverage        
Revenues        
Total revenues 44,507 43,035 137,312 129,942
Expenses        
Cost of goods and services sold 33,576 33,090 101,243 97,093
Rooms        
Revenues        
Total revenues 31,417 30,765 92,912 89,685
Expenses        
Cost of goods and services sold 15,978 14,337 46,118 40,627
Other        
Revenues        
Total revenues $ 16,625 $ 16,773 $ 56,615 $ 46,496