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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock, Non-Exchangeable
Common Stock, Exchangeable
Total PENN Stockholders’ Equity
Total PENN Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Common Stock, Non-Exchangeable
Common Stock
Common Stock, Exchangeable
Treasury Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2021             775                  
Beginning balance at Dec. 31, 2021 $ 4,097.1 $ (69.3)     $ 4,097.8 $ (69.3) $ 25.8 $ 1.7 $ 0.0 $ (28.4) $ 4,239.6 $ (88.2) $ (86.5) $ 18.9 $ (54.4) $ (0.7)
Beginning balance (in shares) at Dec. 31, 2021               169,561,883 653,059              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               218,824                
Share-based compensation arrangements $ 31.5       31.5           31.5          
Share repurchases (in shares) (9,341,585)             (9,341,585)                
Share repurchases $ (342.1)       (342.1)         (342.1)            
Preferred stock conversions (in shares)             (194) 194,200                
Preferred stock conversions 0.0       0.0   $ (6.4)       6.4          
Exchangeable share issuance / Common stock issuance (in shares)               64,000                
Exchangeable share issuance / Common stock issuance 2.0       2.0           2.0          
Exchangeable share conversions (in shares)               28,401 (28,401)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment (26.9)       (26.9)                   (26.9)  
Net income (loss) 77.7       77.8               77.8     (0.1)
Other (4.0)       (4.0)           (4.0)          
Ending balance (in shares) at Jun. 30, 2022             581                  
Ending balance (in shares) at Jun. 30, 2022               160,725,723 624,658              
Ending balance at Jun. 30, 2022 3,766.0       3,766.8   $ 19.4 $ 1.7 $ 0.0 (370.5) 4,187.3   10.2   (81.3) (0.8)
Beginning balance (in shares) at Mar. 31, 2022             581                  
Beginning balance at Mar. 31, 2022 3,952.7       3,953.5   $ 19.4 $ 1.7 $ 0.0 (203.5) 4,170.4   (15.9)   (18.6) (0.8)
Beginning balance (in shares) at Mar. 31, 2022               166,161,818 633,189              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               30,551                
Share-based compensation arrangements $ 14.5       14.5           14.5          
Share repurchases (in shares) (5,539,177)             (5,539,177)                
Share repurchases $ (167.0)       (167.0)         (167.0)            
Exchangeable share issuance / Common stock issuance (in shares)               64,000                
Exchangeable share issuance / Common stock issuance 2.0       2.0           2.0          
Exchangeable share conversions (in shares)               8,531 (8,531)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment (62.7)       (62.7)                   (62.7)  
Net income (loss) 26.1       26.1               26.1      
Other 0.4       0.4           0.4          
Ending balance (in shares) at Jun. 30, 2022             581                  
Ending balance (in shares) at Jun. 30, 2022               160,725,723 624,658              
Ending balance at Jun. 30, 2022 3,766.0       3,766.8   $ 19.4 $ 1.7 $ 0.0 (370.5) 4,187.3   10.2   (81.3) (0.8)
Beginning balance (in shares) at Dec. 31, 2022             581                  
Beginning balance at Dec. 31, 2022 3,596.6       3,597.7   $ 19.4 $ 1.7 $ 0.0 (629.5) 4,220.2   154.5   (168.6) (1.1)
Beginning balance (in shares) at Dec. 31, 2022     152,903,708 620,019       152,903,708 620,019              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               171,830                
Share-based compensation arrangements 36.2       36.2           36.2          
Share issuance in connection with acquisitions (in shares)               2,442,809                
Share issuance in connection with acquisitions $ 80.8       80.8           80.8          
Share repurchases (in shares) (5,438,221)             (5,438,221)                
Share repurchases $ (149.8)       (149.8)         (149.8)            
Preferred stock conversions (in shares)             (227) 226,800                
Preferred stock conversions 0.0           $ (7.6)       7.6          
Exchangeable share issuance / Common stock issuance (in shares)               4,055 2,854              
Exchangeable share issuance / Common stock issuance 0.1     $ 0.0             0.1          
Exchangeable share conversions (in shares)               62,485 (62,485)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment 44.6       44.6                   44.6  
Net income (loss) 592.5       592.9               592.9     (0.4)
Other 7.8       7.8     $ 0.1   (0.4) 8.1          
Ending balance (in shares) at Jun. 30, 2023             354                  
Ending balance (in shares) at Jun. 30, 2023     150,373,466 560,388       150,373,466 560,388              
Ending balance at Jun. 30, 2023 4,208.8       4,210.3   $ 11.8 $ 1.8 $ 0.0 (779.7) 4,353.0   747.4   (124.0) (1.5)
Beginning balance (in shares) at Mar. 31, 2023             354                  
Beginning balance at Mar. 31, 2023 4,175.1       4,176.3   $ 11.8 $ 1.8 $ 0.0 (679.5) 4,333.6   669.0   (160.4) (1.2)
Beginning balance (in shares) at Mar. 31, 2023               154,136,908 560,758              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               23,391                
Share-based compensation arrangements $ 19.7       19.7           19.7          
Share repurchases (in shares) (3,791,258)             (3,791,258)                
Share repurchases $ (99.8)       (99.8)         (99.8)            
Exchangeable share issuance / Common stock issuance (in shares)               4,055                
Exchangeable share issuance / Common stock issuance 0.1       0.1           0.1          
Exchangeable share conversions (in shares)               370 (370)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment 36.4       36.4                   36.4  
Net income (loss) 78.1       78.4               78.4     (0.3)
Other (0.8)       (0.8)         (0.4) (0.4)          
Ending balance (in shares) at Jun. 30, 2023             354                  
Ending balance (in shares) at Jun. 30, 2023     150,373,466 560,388       150,373,466 560,388              
Ending balance at Jun. 30, 2023 $ 4,208.8       $ 4,210.3   $ 11.8 $ 1.8 $ 0.0 $ (779.7) $ 4,353.0   $ 747.4   $ (124.0) $ (1.5)