XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Gaming $ 633,836 $ 636,389 $ 1,924,759 $ 1,868,373
Food, beverage and other 103,735 109,681 326,598 289,361
Management service fee 4,347 4,476 11,404 11,830
Revenues 741,918 750,546 2,262,761 2,169,564
Less promotional allowances (34,874) (39,641) (107,107) (103,757)
Net revenues 707,044 710,905 2,155,654 2,065,807
Operating expenses        
Gaming 327,489 331,496 998,533 979,285
Food, beverage and other 80,875 87,952 253,664 231,801
General and administrative 137,615 108,897 368,863 314,695
Depreciation and amortization 62,399 52,195 172,527 159,583
Insurance recoveries, net of deductible charges   30 (7,229) (13,219)
Total operating expenses 608,378 580,570 1,786,358 1,672,145
Income from operations 98,666 130,335 369,296 393,662
Other income (expenses)        
Interest expense (19,953) (23,514) (55,819) (78,649)
Interest income 218 68 683 217
Gain from unconsolidated affiliates 807 17,293 3,546 15,370
Loss on early extinguishment of debt   (17,838)   (17,838)
Other (1,954) 2,737 (1,483) 393
Total other expenses (20,882) (21,254) (53,073) (80,507)
Income from operations before income taxes 77,784 109,081 316,223 313,155
Taxes on income 31,338 38,278 124,491 114,835
Net income $ 46,446 $ 70,803 $ 191,732 $ 198,320
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.49 $ 0.73 $ 2.03 $ 2.05
Diluted earnings per common share (in dollars per share) $ 0.44 $ 0.66 $ 1.81 $ 1.85