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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net revenues:        
Total net revenues $ 1,157.8 $ 1,179.7 $ 2,302.0 $ 2,347.1
Costs and expenses:        
Other venue expense 339.4 317.1 662.8 622.6
Selling, general and administrative expense 259.5 279.6 532.5 548.1
Research and development expense 27.0 22.0 50.2 44.8
Venue pre-opening costs 2.8 5.7 6.0 9.4
Total costs and expenses 1,054.8 1,063.7 2,132.1 2,150.6
Income from operations 103.0 116.0 169.9 196.5
Interest expense, net (57.0) (51.7) (115.8) (101.3)
Other income (expense), net 6.4 7.3 9.8 (2.8)
Income before income taxes 52.4 71.6 63.9 92.4
Income tax benefit (9.7) (45.8) (4.7) (50.0)
Net income $ 62.1 $ 117.4 $ 68.6 $ 142.4
Earnings per common share:        
Basic (in dollars per share) $ 0.34 $ 0.63 $ 0.37 $ 0.77
Diluted (in dollars per share) $ 0.32 $ 0.59 $ 0.36 $ 0.72
Weighted-average common shares outstanding:        
Basic (in shares) 183.5 185.2 183.6 185.2
Diluted (in shares) 199.6 201.3 199.4 201.4
Products        
Net revenues:        
Total net revenues $ 668.5 $ 713.5 $ 1,394.6 $ 1,481.1
Costs and expenses:        
Cost of products 375.4 387.9 788.3 829.9
Services        
Net revenues:        
Total net revenues 489.3 466.2 907.4 866.0
Costs and expenses:        
Cost of services, excluding depreciation and amortization $ 50.7 $ 51.4 $ 92.3 $ 95.8