XML 96 R50.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies - Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net income loss available to common stockholders                      
Net income attributable to Penn National Gaming, Inc.                 $ 93,519 $ 473,463 $ 109,310
Net income applicable to preferred stock                 0 0 8,662
Net income applicable to common stock                 $ 93,519 $ 473,463 $ 100,648
Determination of shares:                      
Weighted average basic shares outstanding (in shares)                 97,105,000 90,854,000 82,929,000
Diluted weighted-average common shares outstanding before participating security (in shares)                 100,338,000 93,378,000 84,270,000
Assumed conversion of preferred stock (in shares)                 0 0 7,137,000
Diluted weighted-average common shares outstanding (in shares)                 100,338,000 93,378,000 91,407,000
Anti-dilutive securities, stock options (in shares)                 656,588 51,803 3,036,819
Calculation of basic EPS:                      
Net income applicable to common stock                 $ 93,519 $ 473,463 $ 100,648
Weighted average basic shares outstanding (in shares)                 97,105,000 90,854,000 82,929,000
Basic EPS (in dollars per share) $ (0.37) $ 0.39 $ 0.59 $ 0.50 $ (3.72) $ 8.68 $ 0.19 $ 0.06 $ 0.96 $ 5.21 $ 1.21
Calculation of diluted EPS using two class method:                      
Net income applicable to common stock                 $ 93,519 $ 473,463 $ 100,648
Diluted weighted-average common shares outstanding before participating security (in shares)                 100,338,000 93,378,000 84,270,000
Diluted EPS (in dollars per share) $ (0.37) $ 0.38 $ 0.57 $ 0.48 $ (3.72) $ 8.43 $ 0.18 $ 0.06 $ 0.93 $ 5.07 $ 1.19
Stock options                      
Determination of shares:                      
Assumed conversion of dilutive employee stock-based awards and restricted stock (in shares)                 3,018,000 2,431,000 1,299,000
Restricted stock                      
Determination of shares:                      
Assumed conversion of dilutive employee stock-based awards and restricted stock (in shares)                 215,000 93,000 42,000
Common Stock                      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                      
Conversion of Series C preferred stock (in shares)                     8,624,000
Series C Preferred stock                      
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                      
Conversion of Series C preferred stock (in shares)                     8,624
Preferred stock, shares outstanding 0       0       0 0