Note 13. Segment Information

The executive decision maker of our Company reviews operating results, assesses performance and makes decisions on a “significant market” basis. Management views each of our casinos as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, and their management and reporting structure. As of June 30, 2018, the Company’s principal operating activities occurred in four geographic regions and reportable segments. As referenced in Note 1, a fifth segment, Central, has been added in the third quarter of 2018. The reportable segments are based on the similar characteristics of the operating segments within the regions in which they operate. These segments as of September 30, 2018 are summarized as follows:

Segment	Property	State
West	Eldorado Reno	Nevada
	Silver Legacy	Nevada
	Circus Reno	Nevada
	Isle Black Hawk	Colorado
	Lady Luck Black Hawk	Colorado

Midwest	Waterloo	Iowa
	Bettendorf	Iowa
	Boonville	Missouri
	Cape Girardeau	Missouri
	Caruthersville	Missouri
	Kansas City	Missouri

South	Pompano	Florida
	Eldorado Shreveport	Louisiana
	Lake Charles	Louisiana
	Lula	Mississippi
	Vicksburg	Mississippi

East	Presque Isle Downs	Pennsylvania
	Nemacolin	Pennsylvania
	Scioto Downs	Ohio
	Mountaineer	West Virginia

Central	Elgin	Illinois

The following table sets forth, for the periods indicated, certain operating data for our five reportable segments.

	Three Months Ended						Nine months ended
	Ended September 30,						Ended September 30,
	2018			2017			2018			2017
	(in thousands)
Revenues and expenses
West:
Net operating revenues	$	129,092		$	134,324		$	346,550		$	297,564
Operating income		31,894			32,657			63,898			50,590
Midwest:
Net operating revenues		99,834			103,651			301,235			171,292
Operating income		26,637			24,264			80,725			39,676
South:
Net operating revenues		106,569			107,934			341,612			228,954
Operating income		16,176			13,682			50,099			32,210
East:
Net operating revenues		127,722			126,796			370,576			352,721
Operating income		23,637			21,215			67,164			54,411
Central:
Net operating revenues		23,897			—			23,897			—
Operating income		2,868			—			2,868			—
Corporate:
Net operating revenues		139			173			377			366
Operating loss		(9,443	)		(10,326	)		(41,377	)		(111,834	)
Total Reportable Segments
Net operating revenues	$	487,253		$	472,878		$	1,384,247		$	1,050,897
Operating income	$	91,769		$	81,492		$	223,377		$	65,053
Reconciliations to consolidated net income (loss):
Operating income	$	91,769		$	81,492		$	223,377		$	65,053
Unallocated income and expenses:
Interest expense, net		(34,085	)		(29,183	)		(96,579	)		(69,380	)
Loss on early retirement of debt, net		—			(10,030	)		(162	)		(37,347	)
(Provision) benefit for income taxes		(19,980	)		(12,592	)		(31,281	)		26,116
Net income (loss)	$	37,704		$	29,687		$	95,355		$	(15,558	)

	Nine Months Ended September 30,
	2018		2017
	(in thousands)
Capital Expenditures, Net
West	$	49,060	$	30,498
Midwest		14,516		6,545
South		12,307		4,003
East		8,953		6,540
Central		237		—
Corporate		4,009		5,344
Total	$	89,082	$	52,930

		West		Midwest		South		East		Central		Corporate, Other & Eliminations			Total
Balance sheet as of September 30, 2018	(in thousands)
Total assets		$	1,326,305	$	1,232,101	$	822,980	$	1,223,264	$	353,080	$	(480,556	)	$	4,477,174
Goodwill			152,761		322,745		188,850		63,704		60,086		—			788,146

Balance sheet as of December 31, 2017
Total assets		$	1,278,062	$	1,188,758	$	804,318	$	1,185,806	$	—	$	(910,472	)	$	3,546,472
Goodwill			152,775		327,088		200,417		66,826		—		—			747,106