XML 28 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
PENN Entertainment, Inc. Shares
Exchangeable Shares
Total PENN Stock-holders’ Equity
Total PENN Stock-holders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
PENN Entertainment, Inc. Shares
Common Stock
Exchangeable Shares
Treasury Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2021             775                  
Beginning balance at Dec. 31, 2021 $ 4,097.1 $ (69.3)     $ 4,097.8 $ (69.3) $ 25.8 $ 1.7 $ 0.0 $ (28.4) $ 4,239.6 $ (88.2) $ (86.5) $ 18.9 $ (54.4) $ (0.7)
Beginning balance (in shares) at Dec. 31, 2021               169,561,883 653,059              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               607,818                
Share-based compensation arrangements 58.1       58.1           58.1          
Share repurchases (in shares)               (17,561,288)                
Share repurchases (601.1)       (601.1)         (601.1)            
Preferred stock conversions (in shares)             194 194,200                
Preferred stock conversions 0.0           $ (6.4)       6.4          
Common stock issuance (in shares)               68,055                
Common stock issuance 2.2       2.2           2.2          
Exchangeable share conversions (in shares)               33,040 33,040              
Unrealized gain on debt securities 0.0                              
Foreign currency translation adjustment during the period (114.2)       (114.2)                   (114.2)  
Net income (loss) 221.7       222.1               222.1     (0.4)
Other 2.1       2.1           2.1          
Ending balance (in shares) at Dec. 31, 2022             581                  
Ending balance (in shares) at Dec. 31, 2022               152,903,708 620,019              
Ending balance at Dec. 31, 2022 3,596.6       3,597.7   $ 19.4 $ 1.7 $ 0.0 (629.5) 4,220.2   154.5   (168.6) (1.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               997,137                
Share-based compensation arrangements 85.9       85.9           85.9          
Share issuance in connection with acquisitions (in shares)               2,442,809                
Share issuance in connection with acquisitions $ 80.8       80.8           80.8          
Share repurchases (in shares) (5,438,221)             (5,438,221)                
Share repurchases $ (149.8)       (149.8)         (149.8)            
Preferred stock conversions (in shares)             581 580,600                
Preferred stock conversions 0.0           $ (19.4)       19.4          
Common stock issuance (in shares)               4,055                
Common stock issuance       $ 0.1 0.1           0.1          
Exchangeable share conversions (in shares)               62,606 62,606              
Investment Agreement warrants (Note 12) 22.8       22.8           22.8          
Unrealized gain on debt securities 3.2       3.2                   3.2  
Foreign currency translation adjustment during the period 44.1       44.1                   44.1  
Net income (loss) (491.4)       (490.0)               (490.0)     (1.4)
Other 7.3       7.3     $ 0.1   (0.2) 7.4          
Ending balance (in shares) at Dec. 31, 2023             0                  
Ending balance (in shares) at Dec. 31, 2023     151,552,694 560,267       151,552,694 560,267              
Ending balance at Dec. 31, 2023 3,199.6       3,202.1   $ 0.0 $ 1.8 $ 0.0 (779.5) 4,436.6   (335.5)   (121.3) (2.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               510,641                
Share-based compensation arrangements $ 52.9       52.9           52.9          
Share repurchases (in shares) 0                              
Common stock issuance (in shares)               4,055                
Common stock issuance $ 0.1       0.1           0.1          
Exchangeable share conversions (in shares)               161,781 161,781              
Investment Agreement warrants (Note 12) 57.6       57.6           57.6          
Unrealized gain on debt securities 5.4       5.4                   5.4  
Foreign currency translation adjustment during the period (139.1)       (139.1)                   (139.1)  
Net income (loss) (313.3)       (311.5)               (311.5)     (1.8)
Other (4.8)       (4.8)           (4.8)          
Ending balance (in shares) at Dec. 31, 2024             0                  
Ending balance (in shares) at Dec. 31, 2024     152,229,171 466,534       152,229,171 466,534              
Ending balance at Dec. 31, 2024 $ 2,858.4       $ 2,862.7   $ 0.0 $ 1.8 $ 0.0 $ (779.5) $ 4,542.4   $ (647.0)   $ (255.0) $ (4.3)