XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - 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 $ 187,851 $ 206,600 $ 568,387 $ 615,789
Costs and expenses        
Operating expenses 72,745 61,014 212,726 181,596
Research and development 18,457 16,120 57,753 48,853
Depreciation 28,199 19,902 67,877 58,373
Amortization 16,096 15,202 47,775 43,739
Total costs and expenses 176,422 154,153 502,145 458,024
Operating income 11,429 52,447 66,242 157,765
Other expenses        
Interest expense, net of interest income 18,623 19,925 56,060 58,031
Total other expenses 18,623 19,925 56,060 58,031
(Loss) income before income tax (7,194) 32,522 10,182 99,734
Income tax (benefit) provision (4,620) 5,879 (971) 17,629
Net (loss) income (2,574) 26,643 11,153 82,105
Foreign currency translation gain (loss) 1,738 (1,602) 722 (1,670)
Comprehensive (loss) income $ (836) $ 25,041 $ 11,875 $ 80,435
(Loss) earnings per share        
Basic (in dollars per share) $ (0.03) $ 0.31 $ 0.13 $ 0.93
Diluted (in dollars per share) $ (0.03) $ 0.29 $ 0.13 $ 0.88
Weighted average common shares outstanding        
Basic (in shares) 85,525 87,221 84,609 87,925
Diluted (in shares) 85,525 91,245 87,714 93,162
Games        
Revenues        
Total revenues $ 91,546 $ 111,538 $ 286,339 $ 332,044
Costs and expenses        
Total cost of revenues(3) [1] 27,271 28,602 75,948 84,186
Operating expenses 30,091 22,805 88,060 64,574
Research and development 12,199 10,065 36,673 31,890
Depreciation 25,454 17,492 59,756 50,997
Amortization 11,914 11,153 35,207 32,304
Total costs and expenses 106,929 90,117 295,644 263,951
Operating income (15,383) 21,421 (9,305) 68,093
Games | Gaming operations        
Revenues        
Total revenues 67,158 78,400 211,716 231,490
Costs and expenses        
Total cost of revenues(3) [1] 12,674 10,363 32,025 25,557
Games | Gaming equipment and systems        
Revenues        
Total revenues 24,388 33,138 74,623 100,554
Costs and expenses        
Total cost of revenues(3) [1] 14,597 18,239 43,923 58,629
FinTech        
Revenues        
Total revenues 96,305 95,062 282,048 283,745
Costs and expenses        
Total cost of revenues(3) [1] 13,654 13,313 40,066 41,277
Operating expenses 42,654 38,209 124,666 117,022
Research and development 6,258 6,055 21,080 16,963
Depreciation 2,745 2,410 8,121 7,376
Amortization 4,182 4,049 12,568 11,435
Total costs and expenses 69,493 64,036 206,501 194,073
Operating income 26,812 31,026 75,547 89,672
FinTech | Financial access services        
Revenues        
Total revenues 58,494 57,158 173,446 169,032
Costs and expenses        
Total cost of revenues(3) [1] 2,532 2,925 7,694 8,521
FinTech | Software and other        
Revenues        
Total revenues 26,958 24,838 77,484 73,048
Costs and expenses        
Total cost of revenues(3) [1] 3,586 1,484 10,203 4,830
FinTech | Hardware        
Revenues        
Total revenues 10,853 13,066 31,118 41,665
Costs and expenses        
Total cost of revenues(3) [1] $ 7,536 $ 8,904 $ 22,169 $ 27,926
[1] Exclusive of depreciation and amortization.