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Selected Quarterly Financial Data, Unaudited
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data, Unaudited
Selected Quarterly Financial Data, Unaudited
 
 
Quarter Ended 2016
 
 
March 31
 
June 30 (a)
 
September 30
 
December 31 (b)
Total operating revenues
 
$
682.0

 
$
729.2

 
$
720.0

 
$
752.2

Total cost of revenues (1)  
 
256.3

 
276.2

 
274.3

 
299.5

Selling, general and administrative
 
142.3

 
144.9

 
152.8

 
137.0

Research and development
 
49.8

 
51.7

 
53.9

 
49.4

Restructuring and other
 
2.7

 
4.2

 
13.8

 
36.3

Depreciation, amortization and impairments
 
180.6

 
193.1

 
191.7

 
173.3

Goodwill impairment
 
—

 
—

 
—

 
69.0

Operating income (loss)
 
50.3

 
59.1

 
33.5

 
(12.3
)
Net loss
 
$
(92.3
)
 
$
(51.7
)
 
$
(98.9
)
 
$
(110.8
)
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share
 
$
(1.07
)
 
$
(0.59
)
 
$
(1.13
)
 
$
(1.26
)
 
 
 
 
 
 
 
 
 
Weighted average number of shares used in per share calculations:
 
 
 
 
 
 
 
 
Basic shares
 
86.6

 
87.3

 
87.5

 
87.7

Diluted shares
 
86.6

 
87.3

 
87.5

 
87.7

(1) Exclusive of D&A
                                                        


(a)
Includes a gain recorded of $25.2 million on early extinguishment of debt in connection with the 2020 and 2021 notes repurchase transactions and $7.5 million of insurance proceeds related to a settlement of a legal matter.

(b)
Includes a goodwill impairment charge of $69.0 million, which resulted in a tax benefit of $14.5 million, for our International Lottery Systems reporting unit and a $22.4 million charge related to the November 2016 restructuring plan.
    






 

Quarter Ended 2015
 

March 31 (a)

June 30 (b)

September 30 (c)

December 31 (d)
Total operating revenues

$
658.7


$
691.5


$
671.6


$
737.0

Total cost of revenues (1)

255.4


275.3


250.0


323.4

Selling, general and administrative

145.9


140.9


136.8


144.1

Research and development
 
46.9

 
48.0

 
45.9

 
43.1

Restructuring and other

8.2


5.2


5.6


2.9

Depreciation, amortization and impairments

184.2


222.2


286.5


210.3

Goodwill impairments
 
—

 
—

 
935.0

 
67.6

Operating income (loss)

18.1


(0.1
)

(988.2
)

(54.4
)
Net loss

$
(86.4
)
 
$
(102.2
)
 
$
(1,078.2
)
 
$
(127.5
)
 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share

$
(1.01
)
 
$
(1.19
)
 
$
(12.52
)
 
$
(1.48
)
 
 
 
 
 
 
 
 
 
Weighted average number of shares used in per share calculations:

 

 

 

 
Basic shares

85.3


85.9


86.1


86.3

Diluted shares

85.3


85.9


86.1


86.3

(1) Exclusive of D&A.
                                                            

(a)
Includes accelerated D&A charges of $4.6 million related to long term asset impairments and write-downs.
(b)
Includes inventory write-downs for discontinued product lines of $5.9 million and accelerated D&A charges of $35.1 million related to long-term asset impairments and write-downs, including $25.0 million of trade name assets.
(c)
Includes an impairment charge of $935.0 million to reduce the carrying value of our SG Gaming reporting unit goodwill and accelerated D&A charges of $103.6 million related to long-term asset impairments and write-downs of trade name assets.
(d)
Includes an impairment charge of $67.6 million, which resulted in a tax benefit of $24.9 million, to write-off our U.S. Lottery Systems reporting unit goodwill, legal contingencies and settlements of $2.5 million, a $35.5 million charge related to other asset impairments and contract cancellation costs included in cost of instant games sales and accelerated D&A charges of $26.4 million related to long-term asset impairments and write-downs.