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CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total net revenues $ 969,797 $ 734,707 $ 316,352
Operating expenses:      
Cost of revenue (exclusive of depreciation and amortization expense shown below) 666,126 494,032 211,086
Cost of manufacturing goods sold (exclusive of depreciation and amortization expense shown below) 4,775 0 0
General and administrative 145,942 110,818 77,420
Depreciation and amortization of property and equipment 29,295 24,636 20,969
Amortization of intangible assets and route and customer acquisition costs 17,484 22,040 22,608
Other expenses, net 9,320 12,989 8,948
Total operating expenses 872,942 664,515 341,031
Operating income (loss) 96,855 70,192 (24,679)
Interest expense, net 21,637 12,702 13,707
(Gain) loss on change in fair value of contingent earnout shares (19,544) 9,762 (8,484)
Gain on change in fair value of warrants 0 0 (12,574)
Loss on debt extinguishment 0 1,152 0
Income (loss) before income tax expense (benefit) 94,762 46,576 (17,328)
Income tax expense (benefit) 20,660 15,017 (16,918)
Net income (loss) $ 74,102 $ 31,559 $ (410)
Earnings (loss) per share:      
Basic (in usd per share) $ 0.82 $ 0.34 $ 0
Diluted (in usd per share) $ 0.81 $ 0.33 $ (0.02)
Weighted average number of shares outstanding:      
Basic (in shares) 90,629 93,781 83,045
Diluted (in shares) 91,229 94,638 83,113
Comprehensive income (loss)      
Net income (loss) $ 74,102 $ 31,559 $ (410)
Unrealized (loss) gain on investment in convertible notes (net of income taxes of $(36) and $36, respectively) 0 (93) 93
Unrealized gain on interest rate caplets (net of income taxes of $4,693) 12,240 0 0
Comprehensive income (loss) 86,342 31,466 (317)
Net gaming      
Total net revenues 925,009 705,784 300,520
Amusement      
Total net revenues 21,106 16,667 9,247
Manufacturing      
Total net revenues 7,621 0 0
ATM fees and other revenue      
Total net revenues $ 16,061 $ 12,256 $ 6,585