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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Total revenues $ 1,545.8 $ 305.5 $ 2,820.7 $ 1,421.6
Operating expenses        
General and administrative 316.5 204.1 642.7 511.1
Depreciation and amortization 81.9 91.9 163.2 187.6
Impairment losses 0.0 0.0 0.0 616.1
Total operating expenses 1,167.9 470.9 2,226.3 2,147.6
Operating income (loss) 377.9 (165.4) 594.4 (726.0)
Other income (expenses)        
Interest expense, net (138.0) (135.0) (273.7) (264.8)
Income (loss) from unconsolidated affiliates 9.1 (1.7) 18.7 2.4
Other 2.8 29.3 23.9 7.5
Total other expenses (126.1) (107.4) (231.1) (254.9)
Income (loss) before income taxes 251.8 (272.8) 363.3 (980.9)
Income tax benefit (expense) (53.1) 58.4 (73.7) 157.9
Net income (loss) 198.7 (214.4) 289.6 (823.0)
Less: Net loss attributable to non-controlling interest 0.0 0.5 0.1 0.5
Net income (loss) attributable to Penn National 198.7 (213.9) 289.7 (822.5)
Comprehensive income (loss) 198.7 (214.4) 289.6 (823.0)
Less: Comprehensive loss attributable to non-controlling interest 0.0 0.5 0.1 0.5
Comprehensive income (loss) attributable to Penn National $ 198.7 $ (213.9) $ 289.7 $ (822.5)
Earnings Per Share [Abstract]        
Basic earnings (loss) per share (in dollars per share) $ 1.27 $ (1.69) $ 1.85 $ (6.78)
Diluted earnings (loss) per share (in dollars per share) $ 1.17 $ (1.69) $ 1.72 $ (6.78)
Weighted average common shares outstanding - Basic (in shares) 156.0 126.8 155.8 121.3
Weighted average common shares outstanding - diluted (in shares) 172.7 126.8 172.8 121.3
Gaming        
Revenues        
Total revenues $ 1,305.5 $ 259.2 $ 2,387.5 $ 1,162.1
Operating expenses        
Cost of revenue 620.9 142.0 1,148.7 642.9
Food, beverage, hotel and other        
Revenues        
Total revenues 240.3 46.3 433.2 259.5
Operating expenses        
Cost of revenue $ 148.6 $ 32.9 $ 271.7 $ 189.9