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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 333,934 $ 298,778 $ 622,304 $ 574,820
Operating expenses:        
Total hotel operating expenses 187,821 176,358 371,739 353,312
Entertainment 30,254 22,135 49,620 38,986
Corporate 7,640 7,468 15,969 14,877
Preopening costs 1,525 494 3,672 710
Depreciation and amortization 29,995 27,679 58,661 55,316
Total operating expenses 257,235 234,134 499,661 463,201
Operating income 76,699 64,644 122,643 111,619
Interest expense (19,625) (17,155) (36,354) (33,019)
Interest income 2,766 2,969 5,519 5,917
Income (loss) from joint ventures 1,346 (943) (1,242) (1,717)
Other gains and (losses), net 36 (1,324) 204 (1,396)
Income before income taxes 61,222 48,191 90,770 81,404
Provision for income taxes (5,676) (899) (7,885) (1,492)
Net income $ 55,546 $ 47,292 $ 82,885 $ 79,912
Basic income per share $ 1.08 $ 0.92 $ 1.62 $ 1.56
Fully diluted income per share 1.08 0.92 1.61 1.56
Dividends declared per common share $ 0.85 $ 0.80 $ 1.70 $ 1.60
Comprehensive income, net of taxes $ 55,630 $ 47,326 $ 83,047 $ 79,957
Rooms [Member]        
Revenues:        
Total revenues 121,745 110,674 229,309 214,043
Operating expenses:        
Total hotel operating expenses 30,059 28,359 58,987 56,387
Food and Beverage [Member]        
Revenues:        
Total revenues 141,053 128,441 273,992 254,610
Operating expenses:        
Total hotel operating expenses 72,394 68,285 144,372 137,442
Other Hotel [Member]        
Revenues:        
Total revenues 28,958 24,258 53,566 48,874
Operating expenses:        
Total hotel operating expenses 76,733 73,536 152,615 147,774
Entertainment [Member]        
Revenues:        
Total revenues 42,178 35,405 65,437 57,293
Management Fee, Net [Member]        
Operating expenses:        
Total hotel operating expenses $ 8,635 $ 6,178 $ 15,765 $ 11,709