XML 36 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Gaming $ 307,093 $ 328,317 $ 940,753 $ 952,418
Food and beverage 22,700 22,446 68,627 65,669
Hotel 10,152 9,134 29,524 26,788
Retail, entertainment and other 29,946 29,123 82,458 77,947
Gross revenues 369,891 389,020 1,121,362 1,122,822
Less-Promotional allowances (25,455) (27,641) (73,896) (77,894)
Net revenues 344,436 361,379 1,047,466 1,044,928
Operating costs and expenses:        
Gaming 193,019 198,923 582,017 587,247
Food and beverage 11,240 10,421 33,355 30,861
Hotel 3,658 3,413 10,703 9,906
Retail, entertainment and other 10,578 9,081 29,819 23,247
Advertising, general and administrative 48,730 52,978 147,186 151,400
Corporate 4,651 3,856 12,653 12,163
Depreciation and amortization 21,693 22,621 64,077 68,451
Loss on disposition of assets 31 0 320 0
Severance 0 (11) 0 244
Total operating costs and expenses 293,600 301,282 880,130 883,519
Income (loss) from operations 50,836 60,097 167,336 161,409
Other income (expense):        
Accretion of discount to the relinquishment liability (2,062) (2,842) (6,186) (8,525)
Interest income 1,842 665 3,559 2,063
Interest expense (41,581) (29,378) (103,047) (88,837)
Loss on early exchange of debt (17) 0 (14,323) 0
Other (income) expense, net 7 118 (31) (226)
Total other expense (41,811) (31,437) (120,028) (95,525)
Net income (loss) 9,025 28,660 47,308 65,884
Loss attributable to non-controlling interests 336 486 1,147 1,400
Net income attributable to Mohegan Tribal Gaming Authority $ 9,361 $ 29,146 $ 48,455 $ 67,284