Quarterly Data (Unaudited)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Data [Abstract]

Quarterly Data (Unaudited)

Note 20. Quarterly Data (Unaudited)

The following table sets forth certain consolidated quarterly financial information for the years ended December 31, 2017, 2016 and 2015. The quarterly information only includes the operations of Isle from the Isle Acquisition Date through December 31, 2017 and the operations of Silver Legacy and Circus Reno from the Reno Acquisition Date through December 31, 2017.

	Quarter Ended
	March 31,		June 30,			September 30,		December 31,
	(Dollars in thousands, except per share amounts)
2017:
Net revenues	$	202,393	$	375,626		$	472,878	$	429,901
Operating expenses		186,561		320,480			389,273		416,211
Operating income (loss)		14,028		(30,467	)		101,493		9,756
Net income (loss)	$	945	$	(46,190	)	$	29,687	$	88,938
Basic net income (loss) per common share	$	0.02	$	(0.68	)	$	0.39	$	1.16
Diluted net income (loss) per common share	$	0.02	$	(0.68	)	$	0.38	$	1.14
Weighted average shares outstanding—basic		47,120,751		67,453,095			76,902,070		76,961,015
Weighted average shares outstanding—diluted		48,081,281		67,453,095			77,959,689		77,998,742

	Quarter Ended
	March 31,		June 30,		September 30,		December 31,
	(Dollars in thousands, except per share amounts)
2016:
Net revenues	$	215,583	$	233,493	$	243,049	$	208,340
Operating expenses		196,855		203,016		210,584		191,290
Operating income		18,281		29,585		27,739		13,095
Net income	$	3,379	$	10,737	$	9,450	$	961
Basic net income per common share	$	0.07	$	0.23	$	0.20	$	0.02
Diluted net income per common share	$	0.07	$	0.22	$	0.20	$	0.02
Weighted average shares outstanding—basic		46,933,094		47,071,608		47,193,120		47,105,744
Weighted average shares outstanding—diluted		47,534,761		47,721,075		47,834,644		47,849,554

	Quarter Ended
	March 31,			June 30,		September 30,		December 31,
	(Dollars in thousands, except per share amounts)
2015:
Net revenues	$	168,451		$	183,578	$	184,481	$	187,835
Operating expenses		155,777			161,402		162,523		173,024
Operating income		12,072			23,032		24,121		13,396
Net (loss) income	$	(6,171	)	$	4,779	$	5,419	$	110,219
Basic net (loss) income per common share	$	(0.13	)	$	0.10	$	0.12	$	2.36
Diluted net (loss) income per common share	$	(0.13	)	$	0.10	$	0.12	$	2.33
Weighted average shares outstanding—basic		46,494,638			46,516,614		46,516,614		46,670,735
Weighted average shares outstanding—diluted		46,494,638			46,657,618		46,763,589		47,227,127