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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net revenue:    
Net revenue $ 642.6 $ 590.9
Operating expense:    
Selling, general and administrative expense 54.5 54.8
Transaction expense, net 0.4 4.1
Total operating expense 508.0 464.6
Operating income 134.6 126.3
Other (expense) income:    
Interest expense, net (72.3) (70.4)
Equity in income of unconsolidated affiliates 33.3 37.8
Miscellaneous, net 0.3 8.1
Total other (expense) income (38.7) (24.5)
Income from operations before provision for income taxes 95.9 101.8
Income tax provision (18.7) (21.4)
Net income 77.2 80.4
Net income attributable to noncontrolling interest 0.5 0.0
Net income and comprehensive income attributable to Churchill Downs Incorporated $ 76.7 $ 80.4
Net income attributable to Churchill Downs Incorporated per common share data:    
Basic net income (in dollars per share) $ 1.02 $ 1.09
Diluted net income (in dollars per share) $ 1.02 $ 1.08
Weighted average shares outstanding:    
Basic (in shares) 73,700 74,100
Diluted (in shares) 74,400 74,700
Live and Historical Racing    
Net revenue:    
Net revenue $ 272.5 $ 245.1
Operating expense:    
Operating expense 189.7 157.2
Wagering Services and Solutions    
Net revenue:    
Net revenue 106.9 106.6
Operating expense:    
Operating expense 67.2 67.9
Gaming    
Net revenue:    
Net revenue 263.2 239.2
Operating expense:    
Operating expense 192.1 178.5
All Other    
Net revenue:    
Net revenue 0.0 0.0
Operating expense:    
Operating expense $ 4.1 $ 2.1