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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Total revenues $ 1,511.8 $ 1,129.7 $ 4,332.5 $ 2,551.3
Operating expenses        
General and administrative 376.5 317.6 1,019.2 828.7
Depreciation and amortization 83.7 87.7 246.9 275.3
Impairment losses 0.0 0.0 0.0 616.1
Total operating expenses 1,272.7 933.5 3,499.0 3,081.1
Operating income (loss) 239.1 196.2 833.5 (529.8)
Other income (expenses)        
Interest expense, net (144.9) (142.3) (418.6) (407.1)
Income from unconsolidated affiliates 9.1 5.0 27.8 7.4
Other 19.2 68.0 43.1 75.5
Total other expenses (116.6) (69.3) (347.7) (324.2)
Income (loss) before income taxes 122.5 126.9 485.8 (854.0)
Income tax benefit (expense) (36.4) 14.3 (110.1) 172.2
Net income (loss) 86.1 141.2 375.7 (681.8)
Less: Net loss attributable to non-controlling interest 0.0 0.7 0.1 1.2
Net income (loss) attributable to Penn National 86.1 141.9 375.8 (680.6)
Comprehensive income (loss) 86.1 141.2 375.7 (681.8)
Less: Comprehensive loss attributable to non-controlling interest 0.0 0.7 0.1 1.2
Comprehensive income (loss) attributable to Penn National $ 86.1 $ 141.9 $ 375.8 $ (680.6)
Earnings Per Share [Abstract]        
Basic earnings (loss) per share (in dollars per share) $ 0.55 $ 1.02 $ 2.40 $ (5.36)
Diluted earnings (loss) per share (in dollars per share) $ 0.52 $ 0.93 $ 2.24 $ (5.36)
Weighted average common shares outstanding - Basic (in shares) 156.1 138.2 155.9 126.9
Weighted average common shares outstanding - diluted (in shares) 172.7 155.5 172.7 126.9
Gaming        
Revenues        
Total revenues $ 1,256.2 $ 993.6 $ 3,643.7 $ 2,155.7
Operating expenses        
Cost of revenue 652.4 458.1 1,801.1 1,101.0
Food, beverage, hotel and other        
Revenues        
Total revenues 255.6 136.1 688.8 395.6
Operating expenses        
Cost of revenue $ 160.1 $ 70.1 $ 431.8 $ 260.0