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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Gaming $ 634,846 $ 622,873 $ 1,290,923 $ 1,231,984
Food, beverage and other 109,955 94,391 222,863 179,680
Management service fee 3,614 4,037 7,057 7,354
Revenues 748,415 721,301 1,520,843 1,419,018
Less promotional allowances (35,864) (33,422) (72,233) (64,116)
Net revenues 712,551 687,879 1,448,610 1,354,902
Operating expenses        
Gaming 330,875 327,033 671,044 647,789
Food, beverage and other 84,985 75,257 172,789 143,849
General and administrative 115,251 102,322 231,248 205,798
Depreciation and amortization 56,791 54,230 110,128 107,388
Insurance recoveries, net of deductible charges (3,366) (11,555) (7,229) (13,249)
Total operating expenses 584,536 547,287 1,177,980 1,091,575
Income from operations 128,015 140,592 270,630 263,327
Other income (expenses)        
Interest expense (17,823) (26,109) (35,866) (55,135)
Interest income 246 96 465 149
Gain (loss) from unconsolidated affiliates 1,054 431 2,739 (1,923)
Other 1,474 (701) 471 (2,344)
Total other expenses (15,049) (26,283) (32,191) (59,253)
Income from operations before income taxes 112,966 114,309 238,439 204,074
Taxes on income 46,299 38,320 93,153 76,557
Net income $ 66,667 $ 75,989 $ 145,286 $ 127,517
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.70 $ 0.79 $ 1.54 $ 1.32
Diluted earnings per common share (in dollars per share) $ 0.63 $ 0.71 $ 1.37 $ 1.19