XML 42 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Information
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarterly Financial Information (Unaudited)

The following tables (in thousands, except per share data) present selected quarterly financial information for 2016 and 2015, as previously reported. Because income (loss) per share amounts are calculated using the weighted average number of common and dilutive common equivalent shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total income per share amounts for the year.
 
Year Ended December 31, 2016
 
First
 
Second
 
Third (1)
 
Fourth
 
Year
Net revenues
$
997,678

 
$
1,058,364

 
$
1,109,822

 
$
1,300,433

 
$
4,466,297

Operating income
$
158,298

 
$
147,539

 
$
76,931

 
$
138,894

 
$
521,662

Net income (loss)
$
105,792

 
$
89,442

 
$
(19,331
)
 
$
126,566

 
$
302,469

Net income (loss) attributable to Wynn Resorts, Limited
$
75,221

 
$
70,391

 
$
(17,437
)
 
$
113,800

 
$
241,975

Basic income (loss) per share
$
0.74

 
$
0.69

 
$
(0.17
)
 
$
1.19

 
$
2.39

Diluted income (loss) per share
$
0.74

 
$
0.69

 
$
(0.17
)
 
$
1.18

 
$
2.38

 
 
Year Ended December 31, 2015
 
First
 
Second
 
Third
 
Fourth
 
Year
Net revenues
$
1,092,238

 
$
1,040,458

 
$
996,285

 
$
946,902

 
$
4,075,883

Operating income
$
185,059

 
$
169,121

 
$
152,774

 
$
151,860

 
$
658,814

Net income (loss)
$
(13,902
)
 
$
77,203

 
$
113,429

 
$
104,794

 
$
281,524

Net income (loss) attributable to Wynn Resorts, Limited
$
(44,601
)
 
$
56,460

 
$
96,210

 
$
87,221

 
$
195,290

Basic income (loss) per share
$
(0.44
)
 
$
0.56

 
$
0.95

 
$
0.86

 
$
1.93

Diluted income (loss) per share
$
(0.44
)
 
$
0.56

 
$
0.95

 
$
0.86

 
$
1.92


(1) Wynn Palace opened on August 22, 2016.