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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 22,183 $ 57,743
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 139,205 132,202
Amortization of items charged to interest expense and interest income 3,275 3,701
Change in fair value of contingent purchase price 3,922 (1,081)
Loss (gain) on sale of property and equipment and assets held for sale 7 (660)
Income from unconsolidated affiliates (9,569) (8,157)
Distributions from unconsolidated affiliates 13,000 13,350
Deferred income taxes 2,087 3,540
Charge for stock-based compensation 3,974 3,037
Impairment losses on Loans to the Jamul Tribe 5,635  
Write off of debt issuance costs and discounts 5,377  
Decrease (increase), net of businesses acquired    
Accounts receivable 7,378 (1,800)
Prepaid expenses and other current assets (4,829) (6,855)
Other assets (2,876) (321)
(Decrease) increase, net of businesses acquired    
Accounts payable (3,929) (6,025)
Accrued expenses 8,895 7,231
Accrued interest 6,751 (1,386)
Accrued salaries and wages (9,177) (17,927)
Gaming, pari-mutuel, property and other taxes (3,997) (7,601)
Income taxes 14,657 27,340
Other current and noncurrent liabilities (6,063) (2,293)
Net cash provided by operating activities 195,906 194,038
Investing activities    
Project capital expenditures (14,673) (10,991)
Maintenance capital expenditures (28,287) (32,543)
Proceeds for insurance claim 577  
Loans to the Jamul Tribe (372) (102,220)
Principal and interest receipts applied against Loans to the Jamul Tribe 2,720  
Proceeds from sale of property and equipment and assets held for sale 477 2,272
Consideration paid for acquisitions of businesses and other property and equipment, net of cash acquired (126,653) (280)
Net cash used in investing activities (166,211) (143,762)
Financing activities    
Proceeds from exercise of options 3,721 4,609
Repurchase of common stock (5,794)  
Principal payments on financing obligation with GLPI (29,328) (25,598)
Proceeds from issuance of long-term debt, net of issuance costs 1,370,797 24,204
Increase to financing obligation in connection with acquisition 82,603  
Principal payments on long-term debt (1,429,161) (63,815)
Payments of other long-term obligations (28,189) (6,899)
Payments of contingent purchase price (41)  
Proceeds from insurance financing 8,768 9,524
Payments on insurance financing (8,182) (7,950)
Net cash used in financing activities (34,806) (65,925)
Net decrease in cash and cash equivalents (5,111) (15,649)
Cash and cash equivalents at beginning of year 229,510 237,009
Cash and cash equivalents at end of year 224,399 221,360
Supplemental disclosure    
Interest expense paid, net of amounts capitalized 222,641 229,979
Income tax refunds received (5,659) (12,133)
Non-cash investing and financing activities    
Accrued capital expenditures 9,595 8,898
Accrued advances to Jamul Tribe $ 1,274 $ 38,775