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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Rooms $ 111,331 $ 104,540 $ 208,300 $ 199,261
Food and beverage 127,217 119,042 249,450 237,373
Other hotel revenue 23,781 22,253 48,770 45,655
Entertainment 33,886 28,201 51,192 44,895
Total revenues 296,215 274,036 557,712 527,184
Operating expenses:        
Rooms 28,140 26,802 54,121 52,869
Food and beverage 67,998 64,789 136,255 129,864
Other hotel expenses 73,491 70,109 146,179 140,405
Management fees 5,501 3,791 10,838 7,303
Total hotel operating expenses 175,130 165,491 347,393 330,441
Entertainment 20,834 16,659 35,530 29,821
Corporate 6,897 6,273 13,868 13,367
Preopening costs   199   791
Impairment and other charges       2,890
Depreciation and amortization 26,409 28,399 55,182 56,969
Total operating expenses 229,270 217,021 451,973 434,279
Operating income 66,945 57,015 105,739 92,905
Interest expense (16,016) (17,814) (32,055) (31,627)
Interest income 3,008 3,393 6,151 6,401
Loss from joint ventures (1,058)   (1,448)  
Other gains and (losses), net (133) (339) (180) (20,571)
Income before income taxes 52,746 42,255 78,207 47,108
Provision for income taxes (1,415) (866) (530) (1,187)
Net income $ 51,331 $ 41,389 $ 77,677 $ 45,921
Basic income per share $ 1.01 $ 0.81 $ 1.52 $ 0.90
Fully diluted income per share 1.00 0.80 1.51 0.89
Dividends declared per common share $ 0.75 $ 0.65 $ 1.50 $ 1.30
Comprehensive income, net of taxes $ 51,334 $ 41,426 $ 77,725 $ 46,017