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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands
0 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 16, 2011
Predecessors
Station Casinos, Inc.
Jun. 30, 2010
Predecessors
Station Casinos, Inc.
Jun. 16, 2011
Predecessors
Station Casinos, Inc.
Jun. 30, 2010
Predecessors
Station Casinos, Inc.
Jun. 16, 2011
Predecessors
Green Valley Ranch Gaming LLC
Jun. 30, 2010
Predecessors
Green Valley Ranch Gaming LLC
Jun. 16, 2011
Predecessors
Green Valley Ranch Gaming LLC
Jun. 30, 2010
Predecessors
Green Valley Ranch Gaming LLC
Operating revenues:                  
Casino $ 29,248 $ 156,350 $ 167,100 $ 339,703 $ 347,375 $ 26,598 $ 28,983 $ 59,100 $ 59,929
Food and beverage 9,167 40,299 41,119 85,436 81,038 8,922 10,071 19,484 20,285
Room 4,177 17,078 18,666 36,326 37,583 4,597 5,283 9,753 10,573
Other 3,694 13,687 14,734 28,072 30,239 2,058 1,983 4,205 4,179
Management fees 962 5,885 9,612 10,765 22,093        
Gross revenues 47,248 233,299 251,231 500,302 518,328 42,175 46,320 92,542 94,966
Promotional allowances (3,699) (16,329) (17,656) (35,605) (35,382) (3,893) (4,561) (8,490) (8,824)
Net revenues 43,549 216,970 233,575 464,697 482,946 38,282 41,759 84,052 86,142
Operating costs and expenses:                  
Casino 12,009 61,277 69,001 136,037 141,513 10,416 12,377 23,574 25,846
Food and beverage 6,560 28,490 26,870 60,717 52,268 5,694 6,068 12,407 11,799
Room 1,676 7,066 7,981 15,537 16,287 1,438 1,620 3,064 3,441
Other 1,529 5,487 4,599 10,822 9,147 1,038 926 2,125 1,894
Selling, general and administrative 11,004 53,195 57,054 110,300 110,602 8,687 8,853 18,207 18,377
Corporate 34 8,511 10,396 15,818 19,314        
Development and preopening 128 666 1,818 1,752 3,692        
Depreciation and amortization 3,997 28,032 40,266 61,162 84,332 4,327 5,416 9,512 11,094
Management fees 1,460         1,406 1,527 3,112 3,145
Write downs and other charges, net 16 3,674 107 3,953 6,816 104   104  
Total operating costs and expenses 38,413 196,398 218,092 416,098 443,971 33,110 36,787 72,105 75,596
Operating income 5,136 20,572 15,483 48,599 38,975 5,172 4,972 11,947 10,546
Earnings (losses) from joint ventures 42 (950) 542 (945) 2,213        
Gain on dissolution of joint venture   250   250          
Operating income and earnings (losses) from joint ventures 5,178 19,872 16,025 47,904 41,188 5,172 4,972 11,947 10,546
Other (expense) income:                  
Interest expense, net (6,621) (19,675) (25,171) (43,294) (52,644) (7,133) (11,866) (20,582) (21,695)
Interest and other expense from joint ventures   (5,011) (10,311) (15,452) (44,624)        
Change in fair value of derivative instruments     (1) 397 (42)       (50,550)
Total other (expense) income (6,621) (24,686) (35,483) (58,349) (97,310) (7,133) (11,866) (20,582) (72,245)
Loss before reorganization items and income taxes (1,443) (4,814) (19,458) (10,445) (56,122) (1,961) (6,894) (8,635) (61,699)
Reorganization items, net   3,259,321 (37,943) 3,249,703 (57,194) 641,888   633,868  
Income (loss) before income taxes (1,443) 3,254,507 (57,401) 3,239,258 (113,316) 639,927 (6,894) 625,233 (61,699)
Income tax benefit (provision)   102,701 (12,214) 107,924 (9,832)        
Net income (loss), including noncontrolling interest (1,443) 3,357,208 (69,615) 3,347,182 (123,148) 639,927 (6,894) 625,233 (61,699)
Less: net income applicable to noncontrolling interest 304 1,868   3,668          
Net income (loss) $ (1,747) $ 3,355,340 $ (69,615) $ 3,343,514 $ (123,148) $ 639,927 $ (6,894) $ 625,233 $ (61,699)