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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net revenue:    
Net revenue $ 364.1 $ 324.3
Operating expense:    
Selling, general and administrative expense 35.9 30.2
Asset impairments 4.9 0.0
Transaction expense, net 5.0 0.1
Total operating expense 316.7 277.6
Operating income 47.4 46.7
Other income (expense):    
Interest expense, net (21.3) (19.4)
Equity in income of unconsolidated affiliates 32.5 24.9
Miscellaneous, net 0.0 0.1
Total other income (expense) 11.2 5.6
Income from operations before provision for income taxes 58.6 52.3
Income tax provision (16.5) (16.2)
Net income $ 42.1 $ 36.1
Net income per common share data:    
Basic net income (in dollars per share) $ 1.10 $ 0.93
Diluted net income (in dollars per share) $ 1.08 $ 0.91
Weighted average shares outstanding:    
Basic (in shares) 38.3 39.0
Diluted (in shares) 38.8 39.6
Live and Historical Racing    
Net revenue:    
Net revenue $ 86.0 $ 63.2
Operating expense:    
Operating expense 67.7 54.7
TwinSpires    
Net revenue:    
Net revenue 100.3 103.5
Operating expense:    
Operating expense 74.9 77.5
Gaming    
Net revenue:    
Net revenue 177.3 152.0
Operating expense:    
Operating expense 125.2 106.3
All Other    
Net revenue:    
Net revenue 0.5 5.6
Operating expense:    
Operating expense $ 3.1 $ 8.8