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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Revenues $ 1,116.1 $ 1,282.6
Operating expenses    
General and administrative 307.0 286.9
Depreciation and amortization 95.7 104.1
Impairment losses 616.1 0.0
Total operating expenses 1,676.7 1,100.2
Operating income (loss) (560.6) 182.4
Other income (expenses)    
Interest expense, net (129.8) (132.3)
Income from unconsolidated affiliates 4.1 5.7
Other (21.8) 0.0
Total other expenses (147.5) (126.6)
Income (loss) before income taxes (708.1) 55.8
Income tax benefit (expense) 99.5 (14.8)
Net income (loss) (608.6) 41.0
Less: Net loss attributable to non-controlling interest 0.0 0.0
Net income (loss) attributable to Penn National $ (608.6) $ 41.0
Earnings (loss) per common share:    
Basic earnings per (loss) common share (in dollars per share) $ (5.26) $ 0.35
Diluted earnings per (loss) common share (in dollars per share) $ (5.26) $ 0.35
Weighted average basic shares outstanding (in shares) 115.7 116.3
Weighted average diluted shares outstanding (in shares) 115.7 118.6
Gaming    
Revenues    
Revenues $ 902.9 $ 1,034.5
Operating expenses    
Cost of revenue 500.9 547.4
Food, beverage, hotel and other    
Revenues    
Revenues 213.2 248.1
Operating expenses    
Cost of revenue $ 157.0 $ 161.8