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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Total revenues $ 161,233 $ 257,726 $ 502,614 $ 822,458
Expenses        
Other 4,276 5,487 11,140 17,222
Selling, general and administrative 57,056 67,727 173,130 196,856
Depreciation and amortization 22,626 22,213 67,362 67,175
Gain on disposal of assets (256) (5) (242) (125)
Gain on sale of business 0 (305,829) (68,944) (305,829)
Preopening expenses 234 50 377 575
Total expenses (income) 154,505 (65,983) 402,209 430,361
Operating income 6,728 323,709 100,405 392,097
Non-operating expense        
Interest expense, net (7,959) (15,306) (27,255) (52,345)
Loss on debt extinguishment and modification 0 0 (4,446) (405)
Total non-operating expense, net (7,959) (15,306) (31,701) (52,750)
(Loss) income before income tax benefit (provision) (1,231) 308,403 68,704 339,347
Income tax benefit (provision) 6,398 (67,187) (20,951) (74,219)
Net income $ 5,167 $ 241,216 $ 47,753 $ 265,128
Weighted-average common shares outstanding        
Basic (in shares) 28,153 28,827 28,557 28,662
Diluted (in shares) 29,408 30,794 30,141 30,900
Net income per share        
Basic (USD per share) $ 0.18 $ 8.37 $ 1.67 $ 9.25
Diluted (USD per share) $ 0.18 $ 7.83 $ 1.58 $ 8.58
Gaming        
Revenues        
Total revenues $ 75,684 $ 165,177 $ 240,880 $ 535,619
Expenses        
Cost of goods and services sold 20,141 94,820 67,796 307,126
Food and beverage        
Revenues        
Total revenues 41,849 44,507 128,623 137,312
Expenses        
Cost of goods and services sold 34,226 33,576 102,702 101,243
Rooms        
Revenues        
Total revenues 28,938 31,417 89,760 92,912
Expenses        
Cost of goods and services sold 16,202 15,978 48,888 46,118
Other        
Revenues        
Total revenues $ 14,762 $ 16,625 $ 43,351 $ 56,615