XML 29 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information - Statements of Operations (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenues:        
Casino $ 224,962 $ 222,271 $ 445,819 $ 452,450
Food and beverage 59,580 62,511 120,265 123,460
Room 26,857 28,210 54,129 56,068
Other 18,052 18,753 33,896 35,186
Management fees 11,020 7,413 20,860 15,178
Gross revenues 340,471 339,158 674,969 682,342
Promotional allowances (23,892) (26,819) (46,599) (51,804)
Net revenues 316,579 312,339 628,370 630,538
Operating cost and expenses:        
Casino 85,627 89,649 170,446 177,811
Food and beverage 40,265 38,444 82,033 80,738
Room 10,482 10,838 21,615 21,718
Other 7,210 7,130 13,369 13,005
Selling, general and administrative 75,317 72,166 145,806 142,171
Development and preopening expense 46 75 186 130
Depreciation and amortization 35,417 32,253 70,748 62,954
Management fees 11,790 11,586 23,536 23,367
Write-downs and other charges, net 3,037 748 5,550 1,199
Total operating costs and expenses 269,191 262,889 533,289 523,093
Operating income (loss):        
Operating (loss) income 47,388 49,450 95,081 107,445
Losses from subsidiaries 0 0 0 0
Earnings from joint ventures 474 405 993 950
Operating (loss) income and (losses) earnings from subsidiaries and joint ventures 47,862 49,855 96,074 108,395
Other expense:        
Interest expense, net (40,530) (42,716) (83,829) (92,336)
Loss on debt extinguishment 0 0 (146,787) 0
Change in fair value of derivative instruments 34 0 (238) 0
Total other (expense) income (40,496) (42,716) (230,854) (92,336)
Net (loss) income 7,366 7,139 (134,780) 16,059
Less: net (loss) income attributable to noncontrolling interest 70 592 (1,284) 2,678
Net (loss) income applicable to Station Casinos LLC members 7,296 6,547 (133,496) 13,381
Parent [Member]
       
Operating revenues:        
Casino 0 0 0 0
Food and beverage 0 0 0 0
Room 0 0 0 0
Other 7 7 20 12
Management fees 2,331 0 3,520 0
Gross revenues 2,338 7 3,540 12
Promotional allowances 0 0 0 0
Net revenues 2,338 7 3,540 12
Operating cost and expenses:        
Casino 0 0 0 0
Food and beverage 0 0 0 0
Room 0 0 0 0
Other 0 0 0 0
Selling, general and administrative 2,451 (178) 3,868 (223)
Development and preopening expense 0 0 13 0
Depreciation and amortization 1,331 684 2,115 1,341
Management fees 0 0 0 0
Write-downs and other charges, net 1,665 97 2,093 90
Total operating costs and expenses 5,447 603 8,089 1,208
Operating income (loss):        
Operating (loss) income (3,109) (596) (4,549) (1,196)
Losses from subsidiaries 46,535 36,063 75,299 80,564
Earnings from joint ventures 0 0 0 0
Operating (loss) income and (losses) earnings from subsidiaries and joint ventures 43,426 35,467 70,750 79,368
Other expense:        
Interest expense, net (36,063) (28,328) (70,014) (63,309)
Loss on debt extinguishment     (135,271)  
Change in fair value of derivative instruments 3   (245)  
Net (loss) income 7,366 7,139 (134,780) 16,059
Less: net (loss) income attributable to noncontrolling interest 70 592 (1,284) 2,678
Net (loss) income applicable to Station Casinos LLC members 7,296 6,547 (133,496) 13,381
Guarantor Subsidiaries [Member]
       
Operating revenues:        
Casino 221,655 220,356 440,671 448,620
Food and beverage 59,399 62,339 119,914 123,126
Room 25,947 27,336 52,469 54,430
Other 15,492 16,893 30,643 31,760
Management fees 149 139 310 310
Gross revenues 322,642 327,063 644,007 658,246
Promotional allowances (23,751) (26,677) (46,334) (51,541)
Net revenues 298,891 300,386 597,673 606,705
Operating cost and expenses:        
Casino 83,493 88,929 167,646 176,395
Food and beverage 40,218 38,399 81,945 80,648
Room 9,969 10,339 20,608 20,778
Other 4,974 5,337 9,425 9,975
Selling, general and administrative 67,956 68,826 132,510 136,931
Development and preopening expense 46 75 173 130
Depreciation and amortization 29,722 27,781 60,125 54,688
Management fees 11,497 11,319 22,979 23,002
Write-downs and other charges, net 1,371 650 3,452 1,107
Total operating costs and expenses 249,246 251,655 498,863 503,654
Operating income (loss):        
Operating (loss) income 49,645 48,731 98,810 103,051
Losses from subsidiaries (533) 438 (1,738) 3,742
Earnings from joint ventures 474 405 993 950
Operating (loss) income and (losses) earnings from subsidiaries and joint ventures 49,586 49,574 98,065 107,743
Other expense:        
Interest expense, net (1,599) (11,764) (8,286) (23,811)
Loss on debt extinguishment     (11,516)  
Change in fair value of derivative instruments 31   7  
Net (loss) income 48,018 37,810 78,270 83,932
Less: net (loss) income attributable to noncontrolling interest 70 592 (1,284) 2,678
Net (loss) income applicable to Station Casinos LLC members 47,948 37,218 79,554 81,254
Non-Guarantor Subsidiaries [Member]
       
Operating revenues:        
Casino 3,307 1,915 5,148 3,830
Food and beverage 181 172 351 334
Room 910 874 1,660 1,638
Other 3,480 2,685 6,342 5,114
Management fees 8,540 7,274 17,030 14,868
Gross revenues 16,418 12,920 30,531 25,784
Promotional allowances (141) (142) (265) (263)
Net revenues 16,277 12,778 30,266 25,521
Operating cost and expenses:        
Casino 2,134 720 2,800 1,416
Food and beverage 47 45 88 90
Room 513 499 1,007 940
Other 2,236 1,793 3,944 3,030
Selling, general and administrative 5,837 4,350 12,537 7,163
Development and preopening expense 0 0 0 0
Depreciation and amortization 4,364 3,788 8,508 6,925
Management fees 293 267 557 365
Write-downs and other charges, net 1 1 5 2
Total operating costs and expenses 15,425 11,463 29,446 19,931
Operating income (loss):        
Operating (loss) income 852 1,315 820 5,590
Losses from subsidiaries 0 0 0 0
Earnings from joint ventures 0 0 0 0
Operating (loss) income and (losses) earnings from subsidiaries and joint ventures 852 1,315 820 5,590
Other expense:        
Interest expense, net (2,868) (2,624) (5,529) (5,216)
Loss on debt extinguishment     0  
Change in fair value of derivative instruments 0   0  
Net (loss) income (2,016) (1,309) (4,709) 374
Less: net (loss) income attributable to noncontrolling interest 70 592 (1,284) 2,678
Net (loss) income applicable to Station Casinos LLC members (2,086) (1,901) (3,425) (2,304)
Eliminations [Member]
       
Operating revenues:        
Casino 0 0 0 0
Food and beverage 0 0 0 0
Room 0 0 0 0
Other (927) (832) (3,109) (1,700)
Management fees 0 0 0 0
Gross revenues (927) (832) (3,109) (1,700)
Promotional allowances 0 0 0 0
Net revenues (927) (832) (3,109) (1,700)
Operating cost and expenses:        
Casino 0 0 0 0
Food and beverage 0 0 0 0
Room 0 0 0 0
Other 0 0 0 0
Selling, general and administrative (927) (832) (3,109) (1,700)
Development and preopening expense 0 0 0 0
Depreciation and amortization 0 0 0 0
Management fees 0 0 0 0
Write-downs and other charges, net 0 0 0 0
Total operating costs and expenses (927) (832) (3,109) (1,700)
Operating income (loss):        
Operating (loss) income 0 0 0 0
Losses from subsidiaries (46,002) (36,501) (73,561) (84,306)
Earnings from joint ventures 0 0 0 0
Operating (loss) income and (losses) earnings from subsidiaries and joint ventures (46,002) (36,501) (73,561) (84,306)
Other expense:        
Interest expense, net 0 0 0 0
Loss on debt extinguishment     0  
Change in fair value of derivative instruments 0   0  
Net (loss) income (46,002) (36,501) (73,561) (84,306)
Less: net (loss) income attributable to noncontrolling interest (140) (1,184) 2,568 (5,356)
Net (loss) income applicable to Station Casinos LLC members $ (45,862) $ (35,317) $ (76,129) $ (78,950)