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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Rooms $ 100,534 $ 101,085 $ 314,577 $ 309,385
Food and beverage 104,437 113,100 359,047 362,550
Other hotel revenue 24,619 26,834 73,493 75,604
Entertainment 35,134 30,701 92,427 81,893
Total revenues 264,724 271,720 839,544 829,432
Operating expenses:        
Rooms 27,575 28,371 83,962 82,492
Food and beverage 62,649 64,790 200,091 201,045
Other hotel expenses 72,119 73,331 219,580 219,510
Management fees, net 4,708 4,408 16,417 15,246
Total hotel operating expenses 167,051 170,900 520,050 518,293
Entertainment 22,621 19,100 61,559 54,630
Corporate 9,220 8,447 24,324 22,315
Preopening costs 877   1,587  
Depreciation and amortization 28,546 26,706 83,862 81,888
Total operating expenses 228,315 225,153 691,382 677,126
Operating income 36,409 46,567 148,162 152,306
Interest expense (16,621) (15,947) (49,640) (48,002)
Interest income 2,957 2,965 8,874 9,116
Loss from joint ventures (899) (638) (2,616) (2,086)
Other gains and (losses), net 2,554 2,468 1,024 2,288
Income before income taxes 24,400 35,415 105,804 113,622
Provision for income taxes (530) (1,822) (2,022) (2,352)
Net income $ 23,870 $ 33,593 $ 103,782 $ 111,270
Basic income per share $ 0.47 $ 0.66 $ 2.03 $ 2.18
Fully diluted income per share 0.46 0.66 2.02 2.17
Dividends declared per common share $ 0.80 $ 0.75 $ 2.40 $ 2.25
Comprehensive income, net of taxes $ 25,434 $ 29,979 $ 105,391 $ 107,704