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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue:      
Total revenue $ 372,792 $ 523,577 $ 437,537
Operating costs and expenses:      
Advertising, general and administrative 176,943 180,400 143,278
Goodwill and asset impairment 8,659 0 0
Expansion and pre-opening 921 0 2,678
Acquisition, integration and restructuring expense 13,257 12,168 6,844
Newport Grand disposal loss 0 0 6,514
Storm related losses, net of insurance recoveries 14,095 (1,181) 0
Rebranding 792 0 0
Depreciation and amortization 37,842 32,392 22,332
Total operating costs and expenses 391,178 408,951 316,888
(Loss) income from operations (18,386) 114,626 120,649
Other income (expense):      
Interest income 612 1,904 173
Interest expense, net of amounts capitalized (63,248) (39,830) (23,025)
Change in value of naming rights liabilities (57,660) 0 0
Gain on bargain purchases 63,871 0 0
Loss on extinguishment and modification of debt 0 1,703 0
Other, net 0 183 0
Total other expense, net (56,425) (39,446) (22,852)
(Loss) income before provision for income taxes (74,811) 75,180 97,797
(Benefit) provision for income taxes (69,324) 20,050 26,359
Net (loss) income (5,487) 55,130 71,438
Deemed dividends related to changes in fair value of common stock subject to possible redemption 0 0 640
Net (loss) income applicable to common stockholders $ (5,487) $ 55,130 $ 72,078
Net income per share, basic (in dollars per share) $ (0.18) $ 1.46 $ 1.95
Weighted average common shares outstanding, basic (in shares) 31,315,151 37,705,179 36,938,943
Net income per share, diluted (in dollars per share) $ (0.18) $ 1.46 $ 1.87
Weighted average common shares outstanding, diluted (in shares) 31,315,151 37,819,617 38,551,708
Gaming      
Revenue:      
Total revenue $ 291,658 $ 367,948 $ 327,740
Operating costs and expenses:      
Cost of net revenue 89,455 93,965 71,798
Racing      
Revenue:      
Total revenue 6,412 13,114 13,158
Operating costs and expenses:      
Cost of net revenue 6,446 9,592 9,031
Hotel      
Revenue:      
Total revenue 24,742 38,988 21,339
Operating costs and expenses:      
Cost of net revenue 10,144 14,841 8,266
Food and beverage      
Revenue:      
Total revenue 32,132 69,904 48,380
Operating costs and expenses:      
Cost of net revenue 29,367 58,447 40,246
Other      
Revenue:      
Total revenue 17,848 33,623 26,920
Retail, entertainment and other      
Operating costs and expenses:      
Cost of net revenue $ 3,257 $ 8,327 $ 5,901