Summary of Results of Operations by Segment (Detail) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | |||||
---|---|---|---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
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Segment Reporting Information [Line Items] | |||||||
Net revenues | $ 996,285 | $ 1,370,010 | $ 3,128,981 | $ 4,295,686 | |||
Adjusted Property EBITDA | [1] | 279,891 | 458,779 | 898,338 | 1,420,820 | ||
Other operating costs and expenses | |||||||
Pre-opening costs | 19,467 | 6,718 | 52,433 | 14,792 | |||
Depreciation and amortization | 80,649 | 79,027 | 245,428 | 234,037 | |||
Property charges and other | 987 | 1,640 | 3,963 | 13,674 | |||
Corporate expenses and other | 16,806 | 27,883 | 59,286 | 83,682 | |||
Stock-based compensation expense | 9,210 | 10,369 | 30,206 | 22,714 | |||
Equity in income (loss) from unconsolidated affiliates | (2) | 567 | 68 | 1,173 | |||
Total | 127,117 | 126,204 | 391,384 | 370,072 | |||
Operating income | 152,774 | 332,575 | 506,954 | 1,050,748 | |||
Non-operating income and expenses | |||||||
Interest income | 1,465 | 5,814 | 4,655 | 16,072 | |||
Interest expense, net of amounts capitalized | (74,079) | (79,048) | (227,298) | (236,069) | |||
Increase (decrease) in swap fair value | (1,287) | 2,360 | (7,010) | (1,451) | |||
Decrease in Redemption Note fair value | 13,720 | 0 | 13,720 | 0 | |||
Loss on extinguishment of debt | (5,971) | (3,573) | (126,004) | (7,356) | |||
Equity in income (loss) from unconsolidated affiliates | (2) | 567 | 68 | 1,173 | |||
Other | 459 | (801) | 1,790 | (405) | |||
Total other non-operating costs and expenses | (65,695) | (74,681) | (340,079) | (228,036) | |||
Income before income taxes | 87,079 | 257,894 | 166,875 | 822,712 | |||
Benefit (provision) for income taxes | 3,906 | (4,888) | (12,589) | (8,261) | |||
Net income | 90,985 | 253,006 | 154,286 | 814,451 | |||
Macau Operations | |||||||
Segment Reporting Information [Line Items] | |||||||
Net revenues | 585,116 | 942,255 | 1,907,425 | 3,035,588 | |||
Adjusted Property EBITDA | [1] | 162,822 | 325,529 | 548,555 | 1,016,858 | ||
Las Vegas | |||||||
Segment Reporting Information [Line Items] | |||||||
Net revenues | 411,169 | 427,755 | 1,221,556 | 1,260,098 | |||
Adjusted Property EBITDA | [1] | $ 117,069 | $ 133,250 | $ 349,783 | $ 403,962 | ||
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