XML 38 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net revenues $ 379 $ 104,267 $ 105,607 $ 201,692
Operating expenses:        
Video gaming expenses 0 66,082 67,980 127,703
General and administrative 10,451 17,476 33,919 33,600
Depreciation and amortization of property and equipment 5,071 6,100 9,938 12,141
Amortization of route and customer acquisition costs and location contracts acquired 5,565 4,624 11,130 8,927
Other expenses, net 3,132 730 4,336 1,346
Total operating expenses 24,219 95,012 127,303 183,717
Operating income (23,840) 9,255 (21,696) 17,975
Interest expense 2,489 3,156 6,738 6,203
(Loss) income before income tax expense (26,329) 6,099 (28,434) 11,772
Income tax expense (5,055) 1,771 (5,194) 3,449
Net (loss) income $ (21,274) $ 4,328 $ (23,240) $ 8,323
Net (loss) income per common share:        
Net (loss) income per common share - basic (in usd per share) [1] $ (0.27) $ 0.07 $ (0.30) $ 0.14
Net (loss) income per common share - diluted (in usd per share) [1] $ (0.27) $ 0.07 $ (0.30) $ 0.13
Weighted average number of shares outstanding:        
Weighted average number of shares outstanding - basic (in shares) [1] 78,317 58,605 78,161 57,896
Weighted average number of shares outstanding - diluted (in shares) [1] 78,317 61,904 78,161 61,742
Net video gaming        
Net revenues $ 0 $ 100,994 $ 101,575 $ 195,169
Amusement        
Net revenues 260 1,348 1,952 2,786
ATM fees and other revenue        
Net revenues $ 119 $ 1,925 $ 2,080 $ 3,737
[1] Per share and share amounts for 2019 have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 1.