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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Gaming $ 663,326 $ 618,919 $ 1,320,027 $ 1,210,255
Food, beverage, hotel and other 144,390 117,421 282,238 226,184
Management service fee 2,964 2,816 5,437 4,743
Reimbursable management costs 2,855   2,855  
Revenues 813,535 739,156 1,610,557 1,441,182
Less promotional allowances (44,113) (38,200) (84,684) (76,088)
Net revenues 769,422 700,956 1,525,873 1,365,094
Operating expenses        
Gaming 339,201 313,616 674,518 608,511
Food, beverage, hotel and other 101,873 82,803 199,952 160,732
General and administrative 109,974 118,901 226,478 235,157
Reimbursable management costs 2,855   2,855  
Depreciation and amortization 66,182 62,275 132,202 125,644
Total operating expenses 620,085 577,595 1,236,005 1,130,044
Income from operations 149,337 123,361 289,868 235,050
Other income (expenses)        
Interest expense (114,687) (109,798) (231,199) (218,144)
Interest income 6,597 2,443 11,837 4,313
Income from unconsolidated affiliates 3,548 4,154 8,157 8,136
Other 44 (956) (2,382) 2,133
Total other expenses (104,498) (104,157) (213,587) (203,562)
Income from operations before income taxes 44,839 19,204 76,281 31,488
Income tax provision 10,804 16,221 18,538 26,636
Net income $ 34,035 $ 2,983 $ 57,743 $ 4,852
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.38 $ 0.03 $ 0.64 $ 0.06
Diluted earnings per common share (in dollars per share) $ 0.37 $ 0.03 $ 0.63 $ 0.05