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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)               281,759                
Share-based compensation arrangements $ 45.1       45.1           45.1          
Share repurchases (in shares) (14,690,394)             (14,690,394)                
Share repurchases $ (510.1)       (510.1)         (510.1)            
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)               68,055                
Exchangeable share issuance / Common stock issuance 2.2       2.2           2.2          
Exchangeable share conversions (in shares)               32,706 (32,706)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment (146.7)       (146.7)                   (146.7)  
Net income (loss) 200.9       201.3               201.3     (0.4)
Other (3.2)       (3.2)           (3.2)          
Ending balance (in shares) at Sep. 30, 2022             581                  
Ending balance at Sep. 30, 2022 3,616.0       3,617.1   $ 19.4 $ 1.7 $ 0.0 (538.5) 4,201.9   133.7   (201.1) (1.1)
Ending balance (in shares) at Sep. 30, 2022               155,448,209 620,353              
Beginning balance (in shares) at Jun. 30, 2022             581                  
Beginning 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 Jun. 30, 2022               160,725,723 624,658              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               62,935                
Share-based compensation arrangements $ 13.6       13.6           13.6          
Share repurchases (in shares) (5,348,809)             (5,348,809)                
Share repurchases $ (168.0)       (168.0)         (168.0)            
Exchangeable share issuance / Common stock issuance (in shares)               4,055                
Exchangeable share issuance / Common stock issuance 0.2       0.2           0.2          
Exchangeable share conversions (in shares)               4,305 (4,305)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment (119.8)       (119.8)                   (119.8)  
Net income (loss) 123.2       123.5               123.5     (0.3)
Other 0.8       0.8           0.8          
Ending balance (in shares) at Sep. 30, 2022             581                  
Ending balance at Sep. 30, 2022 3,616.0       3,617.1   $ 19.4 $ 1.7 $ 0.0 (538.5) 4,201.9   133.7   (201.1) (1.1)
Ending balance (in shares) at Sep. 30, 2022               155,448,209 620,353              
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)               598,383                
Share-based compensation arrangements 71.4       71.4           71.4          
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)             (581) 580,600                
Preferred stock conversions 0.0       0.0   $ (19.4)       19.4          
Exchangeable share issuance / Common stock issuance (in shares)               4,055 2,854              
Exchangeable share issuance / Common stock issuance 0.1     $ 0.0 0.1           0.1          
Exchangeable share conversions (in shares)               62,485 (62,485)              
Exchangeable share conversions       $ 0.0                        
Currency translation adjustment (0.1)       (0.1)                   (0.1)  
Net income (loss) (132.6)       (131.9)               (131.9)     (0.7)
Other 14.4       14.4     $ 0.1   (0.3) 14.6          
Ending balance (in shares) at Sep. 30, 2023             0                  
Ending balance at Sep. 30, 2023 3,480.8       3,482.6   $ 0.0 $ 1.8 $ 0.0 (779.6) 4,406.5   22.6   (168.7) (1.8)
Ending balance (in shares) at Sep. 30, 2023     151,153,819 560,388       151,153,819 560,388              
Beginning balance (in shares) at Jun. 30, 2023             354                  
Beginning 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 Jun. 30, 2023               150,373,466 560,388              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               426,553                
Share-based compensation arrangements $ 35.2       35.2           35.2          
Share repurchases (in shares) 0                              
Preferred stock conversions (in shares)             354 353,800                
Preferred stock conversions $ 0.0       0.0   $ (11.8)       11.8          
Currency translation adjustment (44.7)       (44.7)                   (44.7)  
Net income (loss) (725.1)       (724.8)               (724.8)     (0.3)
Other 6.6       6.6         0.1 6.5          
Ending balance (in shares) at Sep. 30, 2023             0                  
Ending balance at Sep. 30, 2023 $ 3,480.8       $ 3,482.6   $ 0.0 $ 1.8 $ 0.0 $ (779.6) $ 4,406.5   $ 22.6   $ (168.7) $ (1.8)
Ending balance (in shares) at Sep. 30, 2023     151,153,819 560,388       151,153,819 560,388