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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Total revenue $ 523,577,000 $ 437,537,000 $ 421,053,000
Operating costs and expenses:      
Advertising, general and administrative 180,400,000 143,278,000 149,559,000
Expansion and pre-opening 0 2,678,000 154,000
Acquisition, integration and restructuring expense 12,168,000 6,844,000 0
Newport Grand disposal loss 0 6,514,000 0
Gain on insurance recoveries (1,181,000) 0 0
Depreciation and amortization 32,392,000 22,332,000 22,204,000
Total operating costs and expenses 408,951,000 316,888,000 297,330,000
Income from operations 114,626,000 120,649,000 123,723,000
Other income (expense):      
Interest income 1,904,000 173,000 194,000
Interest expense, net of amounts capitalized (39,830,000) (23,025,000) (22,809,000)
Loss on extinguishment and modification of debt (1,703,000) 0 0
Other, net 183,000 0 0
Total other expense, net (39,446,000) (22,852,000) (22,615,000)
Income before provision for income taxes 75,180,000 97,797,000 101,108,000
Provision for income taxes 20,050,000 26,359,000 38,861,000
Net income 55,130,000 71,438,000 62,247,000
Deemed dividends related to changes in fair value of common stock subject to possible redemption 0 640,000 (2,344,000)
Net income applicable to common stockholders $ 55,130,000 $ 72,078,000 $ 59,903,000
Net income per share, basic (in dollars per share) $ 1.46 $ 1.95 $ 1.64
Weighted average common shares outstanding, basic (in shares) 37,705,179 36,938,943 36,478,759
Net income per share, diluted (in dollars per share) $ 1.46 $ 1.87 $ 1.56
Weighted average common shares outstanding, diluted (in shares) 37,819,617 38,551,708 38,442,944
Gaming      
Revenue:      
Total revenue $ 367,948,000 $ 327,740,000 $ 314,794,000
Operating costs and expenses:      
Cost of net revenue 93,965,000 71,798,000 65,558,000
Racing      
Revenue:      
Total revenue 13,114,000 13,158,000 14,034,000
Operating costs and expenses:      
Cost of net revenue 9,592,000 9,031,000 9,534,000
Hotel      
Revenue:      
Total revenue 38,988,000 21,339,000 19,431,000
Operating costs and expenses:      
Cost of net revenue 14,841,000 8,266,000 7,173,000
Food and beverage      
Revenue:      
Total revenue 69,904,000 48,380,000 47,004,000
Operating costs and expenses:      
Cost of net revenue 58,447,000 40,246,000 37,371,000
Other      
Revenue:      
Total revenue 33,623,000 26,920,000 25,790,000
Retail, entertainment and other      
Operating costs and expenses:      
Cost of net revenue $ 8,327,000 $ 5,901,000 $ 5,777,000