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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Total revenues $ 894,450 $ 893,602 $ 1,755,193 $ 1,646,909
Operating costs and expenses        
Selling, general and administrative 95,662 90,473 187,709 180,480
Master lease rent expense 26,654 26,175 52,960 52,090
Maintenance and utilities 34,517 31,157 67,407 59,388
Depreciation and amortization 66,757 67,279 129,235 131,746
Corporate expense 34,872 34,716 63,876 58,031
Project development, preopening and writedowns 912 1,454 (9,117) 2,869
Other operating items, net 188 11,115 286 12,272
Total operating costs and expenses 649,380 627,260 1,259,065 1,186,832
Operating income 245,070 266,342 496,128 460,077
Other expense (income)        
Interest income (483) (455) (903) (964)
Interest expense, net of amounts capitalized 36,466 55,131 74,124 113,021
Loss on early extinguishments and modifications of debt 16,509 65,475 19,809 65,475
Other, net 3,750 237 3,497 2,169
Total other expense, net 56,242 120,388 96,527 179,701
Income before income taxes 188,828 145,954 399,601 280,376
Income tax provision (42,065) (32,225) (89,910) (64,486)
Net income $ 146,763 $ 113,729 $ 309,691 $ 215,890
Basic net income per common share (in dollars per share) $ 1.33 $ 1.00 $ 2.79 $ 1.90
Weighted average basic shares outstanding (in shares) 110,118 113,779 111,151 113,703
Diluted net income per common share (in dollars per share) $ 1.33 $ 1.00 $ 2.78 $ 1.89
Weighted average diluted shares outstanding (in shares) 110,259 114,040 111,303 114,005
Casino [Member]        
Revenues        
Total revenues $ 684,925 $ 727,462 $ 1,352,879 $ 1,345,388
Operating costs and expenses        
Cost of Revenue 254,500 259,378 504,542 491,491
Food and Beverage [Member]        
Revenues        
Total revenues 70,299 57,428 134,042 101,540
Operating costs and expenses        
Cost of Revenue 57,456 46,819 111,390 85,732
Occupancy [Member]        
Revenues        
Total revenues 49,904 39,077 92,313 65,067
Operating costs and expenses        
Cost of Revenue 17,285 14,207 33,275 26,339
Product and Service, Other [Member]        
Revenues        
Total revenues 89,322 69,635 175,959 134,914
Operating costs and expenses        
Cost of Revenue $ 60,577 $ 44,487 $ 117,502 $ 86,394