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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES:        
Casino $ 298,182 $ 178,459 $ 460,966 $ 347,537
Pari-mutuel commissions 4,143 2,893 4,784 3,577
Food and beverage 46,438 36,967 75,951 70,706
Hotel 28,924 25,677 46,937 45,842
Other 11,550 11,014 20,145 21,899
Gross revenues 389,237 255,010 608,783 489,561
Less-promotional allowances (34,057) (23,695) (52,678) (44,680)
Net operating revenues 355,180 231,315 556,105 444,881
EXPENSES:        
Casino 152,417 100,374 242,870 196,636
Pari-mutuel commissions 4,874 2,931 6,081 4,255
Food and beverage 22,834 20,783 40,255 40,511
Hotel 8,026 7,979 14,629 15,108
Other 5,644 6,618 10,923 12,692
Marketing and promotions 20,158 9,766 30,214 19,341
General and administrative 55,379 32,380 87,154 64,035
Corporate 7,442 4,354 14,016 11,258
Depreciation and amortization 24,909 15,583 40,513 31,787
Total operating expenses 301,683 200,768 486,655 395,623
LOSS ON SALE OF ASSET OR DISPOSAL OF PROPERTY (89) (836) (57) (765)
ACQUISITION CHARGES (85,464) (56) (87,078) (576)
EQUITY IN LOSS OF UNCONSOLIDATED AFFILIATE (60)   (282)  
OPERATING (LOSS) INCOME (32,116) 29,655 (17,967) 47,917
OTHER EXPENSE:        
Interest expense, net (27,527) (12,795) (40,197) (25,786)
Loss on early retirement of debt, net (27,317) (89) (27,317) (155)
Total other expense (54,844) (12,884) (67,514) (25,941)
NET (LOSS) INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (86,960) 16,771 (85,481) 21,976
BENEFIT (PROVISION) FOR INCOME TAXES 39,677 (5,980) 39,219 (7,816)
NET (LOSS) INCOME FROM CONTINUING OPERATIONS (47,283) 10,791 (46,262) 14,160
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAXES 955   955  
NET (LOSS) INCOME $ (46,328) $ 10,791 $ (45,307) $ 14,160
(Loss) income per common share attributable to common stockholders - basic:        
Net (loss) income from continuing operations $ (0.70) $ 0.23 $ (0.81) $ 0.30
Income from discontinued operations, net of income taxes 0.01   0.02  
Net (loss) income attributable to common stockholders (0.69) 0.23 (0.79) 0.30
(Loss) income per common share attributable to common stockholders - diluted:        
Net (loss) income from continuing operations (0.70) 0.23 (0.81) 0.30
Income from discontinued operations, net of income taxes 0.01   0.02  
Net (loss) income attributable to common stockholders $ (0.69) $ 0.23 $ (0.79) $ 0.30
Weighted average number of shares outstanding:        
Weighted Average Basic Shares Outstanding 67,453,095 47,071,608 57,405,834 46,966,391
Weighted Average Diluted Shares Outstanding 68,469,191 47,721,075 58,339,438 47,591,958