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Business Segments (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Operating Information by Segment
The following tables present revenue, cost of revenue, SG&A, R&D, employee termination and restructuring, D&A, operating income (loss) and earnings (loss) from equity investments by business segment for the three months ended March 31, 2015 and 2014. Certain unallocated expenses managed at the corporate level, comprised primarily of general and administrative costs and other income (expense), net, are not allocated to our business segments. Segment results for 2014 below do not include the results of Bally, which we acquired in November 2014. The increase in unallocated corporate costs for the three months ended March 31, 2015 primarily related to the inclusion of Bally's results.
 
 
Three Months Ended March 31, 2015
 
 
Gaming
 
Lottery
 
Interactive
 
Total
Revenue:
 
 
 
 
 
 
 
 
Services
 
$
237.9

 
$
45.6

 
$
46.9

 
$
330.4

Product sales
 
187.9

 
11.5

 

 
199.4

Instant games
 

 
128.9

 

 
128.9

Total revenue
 
425.8

 
186.0

 
46.9

 
658.7

Cost of services (1)
 
45.5

 
28.4

 
16.6

 
90.5

Cost of product sales (1)
 
87.8

 
10.1

 

 
97.9

Cost of instant games (1)
 

 
67.0

 

 
67.0

Selling, general and administrative
 
74.2

 
17.1

 
15.1

 
106.4

Research and development
 
39.8

 
1.6

 
5.5

 
46.9

Employee termination and restructuring
 
4.2

 
0.2

 
0.7

 
5.1

Depreciation and amortization
 
143.3

 
21.3

 
5.1

 
169.7

Segment operating income
 
$
31.0

 
$
40.3

 
$
3.9

 
$
75.2

Unallocated corporate costs
 
 
 
 
 
 
 
57.1

Consolidated operating income
 
 
 
 
 
 
 
$
18.1

Earnings (loss) from equity investments
 
$
(0.1
)
 
$
3.2

 
$

 
$
3.1

(1) Exclusive of depreciation and amortization.
 
 
Three Months Ended March 31, 2014
 
 
Gaming
 
Lottery
 
Interactive
 
Total
Revenue:
 
 
 
 
 
 
 
 
Services
 
$
95.9

 
$
50.1

 
$
30.8

 
$
176.8

Product sales
 
67.5

 
17.6

 

 
85.1

Instant games
 

 
126.2

 

 
126.2

Total revenue
 
163.4

 
193.9

 
30.8

 
388.1

Cost of services (1)
 
25.2

 
30.4

 
10.9

 
66.5

Cost of product sales (1)
 
32.7

 
13.7

 

 
46.4

Cost of instant games (1)
 

 
69.9

 

 
69.9

Selling, general and administrative
 
31.7

 
18.6

 
14.2

 
64.5

Research and development
 
22.3

 
0.6

 
3.0

 
25.9

Employee termination and restructuring
 
1.8

 
0.4

 
3.4

 
5.6

Depreciation and amortization
 
60.6

 
22.5

 
3.1

 
86.2

Segment operating income (loss)
 
$
(10.9
)
 
$
37.8

 
$
(3.8
)
 
$
23.1

Unallocated corporate costs
 
 
 
 
 
 
 
35.2

Consolidated operating loss
 
 
 
 
 
 
 
$
(12.1
)
Earnings (loss) from equity investments
 
$
(0.3
)
 
$
5.8

 
$

 
$
5.5

(1) Exclusive of depreciation and amortization.
    

Reconciliation of segment operating income to consolidated income before income taxes
The following table presents a reconciliation of reportable business segment operating income to net loss before income taxes for each period:
 
 
Three Months Ended 
 March 31,
 
 
2015
 
2014
Reportable business segment operating income
 
$
75.2

 
$
23.1

Unallocated corporate costs
 
(57.1
)
 
(35.2
)
Consolidated operating income (loss)
 
18.1

 
(12.1
)
Interest expense
 
(164.3
)
 
(47.9
)
Earnings from equity investments
 
3.1

 
5.5

Gain on sale of equity interest
 

 
14.5

Other income (expense), net
 
(5.6
)
 
2.9

Net loss before income taxes
 
$
(148.7
)
 
$
(37.1
)