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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net revenues $ 105,228 $ 97,425 $ 424,385 $ 331,993 $ 248,435
Operating expenses:          
Video gaming expenses 67,980 61,621 271,999 210,507 157,010
General and administrative 23,468 16,124 75,028 58,157 45,364
Depreciation and amortization of property and equipment 4,867 6,041 26,398 20,782 16,768
Amortization of route and customer acquisition costs and location contracts acquired 5,565 4,303 17,975 14,681 9,792
Other expenses, net 1,204 616 19,649 2,997 1,331
Total operating expenses 103,084 88,705 411,049 307,124 230,265
Operating income 2,144 8,720 13,336 24,869 18,170
Interest expense 4,249 3,047 12,860 9,644 8,105
Loss on debt extinguishment     1,141 0 0
(Loss) income before income tax expense (2,105) 5,673 (665) 15,225 10,065
Income tax expense (139) 1,678 5,199 4,422 1,754
Net (loss) income $ (1,966) $ 3,995 $ (5,864) $ 10,803 $ 8,311
Net (loss) income per common share:          
Net (loss) income per common share - basic (in usd per share) $ (0.03) $ 0.07 $ (0.09) [1] $ 0.19 [1] $ 0.15 [1]
Net (loss) income per common share - diluted (in usd per share) $ (0.03) $ 0.06 $ (0.09) [1] $ 0.17 [1] $ 0.14 [1]
Weighted average number of shares outstanding:          
Weighted average number of shares outstanding - basic (in shares) 78,003 57,588 61,850 [1] 57,621 [1] 56,321 [1]
Weighted average number of shares outstanding - diluted (in shares) 78,003 61,948 61,850 [1] 62,182 [1] 59,408 [1]
Net video gaming          
Net revenues $ 101,575 $ 94,175 $ 410,636 $ 321,711 $ 240,235
Amusement          
Net revenues 1,692 1,438 5,912 4,199 3,422
ATM fees and other revenue          
Net revenues $ 1,961 $ 1,812 $ 7,837 $ 6,083 $ 4,778
[1]
Per share and share amounts have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 3.