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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2022
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Cash flows from operating activities:        
Net income   $ 178,336   $ 1,889
Adjustments to reconcile net income to net cash (used in) provided by operating activities:        
Depreciation and amortization   74,561   78,881
Non-cash lease expense   13,972   7,221
Share-based compensation   6,040   5,095
Amortization of debt discount and debt issuance costs   2,766   2,417
Gain on sale-leaseback $ 150,000 (374,186) $ (50,800) 0
Gain on extinguishment of debt   (4,044)   0
Deferred income taxes   58,818   (18,594)
Loss on assets and liabilities measured at fair value   (310)   139
Change in value of naming rights liabilities   267   (13,379)
Change in contingent consideration payable   1,206   (5,859)
Adjustment on bargain purchase   0   107
Foreign exchange loss (gain)   4,308   (175)
Other operating activities   (693)   1,925
Changes in current operating assets and liabilities   22,847   (38,857)
Net cash (used in) provided by operating activities   (16,112)   20,810
Cash flows from investing activities:        
Cash paid for acquisitions, net of cash acquired   (38,243)   0
Proceeds from sale-leaseback   411,000   0
Capital expenditures   (43,678)   (54,516)
Cash paid for internally developed software   (7,143)   (14,956)
Acquisition of gaming licenses   (1,900)   (860)
Other intangible asset acquisitions   0   (1,500)
Other investing activities   (400)   (123)
Net cash provided by (used in) investing activities   319,636   (71,955)
Cash flows from financing activities:        
Issuance of long-term debt   0   105,000
Repayments of long-term debt   (152,483)   (84,863)
Share repurchases   (19,753)   (13,288)
Other financing activities   (1,332)   (2,444)
Net cash (used in) provided by financing activities   (173,568)   4,405
Effect of foreign currency on cash and cash equivalents   2,819   (4,430)
Change in cash and cash equivalents held for sale   (1,097)   0
Net change in cash and cash equivalents and restricted cash   131,678   (51,170)
Cash and cash equivalents and restricted cash, beginning of period $ 223,670 265,184   274,840
Cash and cash equivalents and restricted cash, end of period   396,862 265,184 223,670
Supplemental disclosure of cash flow information:        
Cash paid for interest, net of amounts capitalized   82,724   67,015
Income Taxes Paid, Net   6,113   3,427
Non-cash investing and financing activities:        
Unpaid property and equipment   32,095   33,743
Bally’s Chicago - land development liability   142,567   0
Investment in GLP Capital, L.P.   14,412   0
Investment in RI Joint Venture   17,832   0
Reconciliation of cash and cash equivalents and restricted cash:        
Cash and cash equivalents   344,266 212,515  
Restricted cash   52,596 52,669  
Total cash and cash equivalents and restricted cash   $ 396,862 $ 265,184 $ 223,670