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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total net revenues $ 335,909 $ 309,413 $ 659,821 $ 611,230
Operating expenses:        
Cost of revenue (exclusive of depreciation and amortization expense shown below) 229,758 213,317 451,230 422,484
Cost of manufacturing goods sold (exclusive of depreciation and amortization expense shown below) 886 3,162 2,962 4,321
General and administrative 54,878 46,541 107,882 94,175
Depreciation and amortization of property and equipment 13,095 10,794 25,396 21,228
Amortization of intangible assets and route and customer acquisition costs 6,322 5,589 12,612 11,027
Other expenses, net 4,096 7,327 6,913 9,753
Total operating expenses 309,035 286,730 606,995 562,988
Operating income 26,874 22,683 52,826 48,242
Interest expense, net 8,771 8,906 17,456 17,566
Loss from unconsolidated affiliates 17 0 33 0
Loss (gain) on change in fair value of contingent earnout shares 5,734 (4,742) 3,379 (26)
Income before income tax expense 12,352 18,519 31,958 30,702
Income tax expense 5,090 3,933 10,083 8,700
Net income 7,262 14,586 21,875 22,002
Less: Net income attributed to redeemable noncontrolling interests (53) 0 (79) 0
Net income attributable to Accel Entertainment, Inc. $ 7,315 $ 14,586 $ 21,954 $ 22,002
Earnings per common share:        
Basic (in usd per share) $ 0.09 $ 0.17 $ 0.26 $ 0.26
Diluted (in usd per share) $ 0.08 $ 0.17 $ 0.25 $ 0.26
Weighted average number of common shares outstanding:        
Basic (in shares) 85,710 83,911 85,856 84,105
Diluted (in shares) 86,943 85,054 87,082 85,178
Comprehensive income        
Net income $ 7,262 $ 14,586 $ 21,875 $ 22,002
Unrealized (loss) gain on interest rate caplets (net of income tax (benefit) expense of $(312), $(403), $(738), and $2 respectively) (830) (1,077) (1,963) 4
Comprehensive income 6,432 13,509 19,912 22,006
Less: Comprehensive income attributable to redeemable noncontrolling interests (53) 0 (79) 0
Comprehensive income attributable to Accel Entertainment, Inc. 6,485 13,509 19,991 22,006
Net gaming        
Total net revenues 313,919 293,240 615,870 581,377
Amusement        
Total net revenues 5,517 5,539 11,425 11,668
Manufacturing        
Total net revenues 1,763 5,208 5,621 7,417
ATM fees and other        
Total net revenues $ 14,710 $ 5,426 $ 26,905 $ 10,768