Financial Reporting By Business Segments (Tables)

3 Months Ended

Mar. 31, 2019

Financial Reporting By Business Segments

Segments Internal Financial Reports

The following information is derived directly from the segments’ internal financial reports used for corporate management purposes (amounts in thousands):

	Three Months Ended
	March 31,
	2019		2018
Revenues:
Hospitality	$	337,510	$	265,111
Entertainment		33,265		23,259
Corporate and Other		—		—
Total	$	370,775	$	288,370
Depreciation and amortization:
Hospitality	$	50,133	$	26,200
Entertainment		2,479		1,957
Corporate and Other		397		509
Total	$	53,009	$	28,666
Operating income:
Hospitality	$	60,354	$	54,993
Entertainment		5,145		1,936
Corporate and Other		(9,401)		(8,838)
Preopening costs		(2,134)		(2,147)
Total operating income		53,964		45,944
Interest expense		(32,087)		(16,729)
Interest income		2,908		2,753
Loss from joint ventures		—		(2,588)
Other gains and (losses), net		(141)		168
Income before income taxes	$	24,644	$	29,548