BOYD GAMING CORP BYD Income Statement

Boyd gaming corp (BYD)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Revenues
Total revenues
3,326	2,626	2,400	2,199	-	2,382	2,442	2,933	2,750	2,494	1,824	1,987
Less promotional allowances
-	-	-	-	-	240	243	450	419	353	183	206
Total revenues
-	-	-	-	2,214	2,142	2,198	2,482	2,330	2,140	1,640	1,780
Operating costs and expenses
Selling, general and administrative
459	369	362	322	322	327	341	449	392	369	284	299
Master lease rent expense
97	20	0	0	-	-	-	-	-	-	-	-
Maintenance and utilities
154	127	109	100	104	109	106	154	152	140	92	95
Depreciation and amortization
276	229	217	196	207	208	218	214	195	199	164	168
Corporate expense
105	104	88	72	76	75	63	50	48	48	47	52
Project development, preopening and writedowns
21	45	14	22	6	13	10	-	-	-	-	-
Preopening expenses
-	-	-	-	-	-	-	11	6	7	17	20
Impairment of assets
0	0	-0	38	18	48	5	1,053	6	0	-	-
Asset transactions costs
-	-	-	-	-	-	-	18	6	-	-	-
Other operating items, net
1	2	1	0	0	0	2	-11	1	4	41	385
Total operating costs and expenses
2,853	2,271	2,057	1,938	1,943	1,968	1,967	3,333	2,094	1,959	1,556	1,990
Boyd's share of Borgata's operating income
-	-	-	-	-	-	-	0	-	-	-	-
Operating income from Borgata
-	-	-	-	-	-	-	-	-	8	72	56
Operating income (loss)
472	355	343	260	271	173	231	-850	235	189	156	-153
Other expense (income)
Interest income
1	3	1	2	1	1	2	1	0	0	0	1
Interest expense, net of amounts capitalized
237	204	173	212	224	230	262	290	250	180	146	110
Loss on early extinguishments and modifications of debt
-34	-0	-1	-42	-40	-1	-28	0	-0	2	15	28
Fair value adjustment of derivative instruments
-	-	-	-	-	-	-	-	-	-0	0	0
Other, net
0	0	0	-0	-3	-0	2	-0	4	-3	0	0
Gain on equity distribution
-	-	-	-	-	-	-	-	-	2	0	0
Other, net
-	-	-	-	-	-	-	-	-	10	0	0
Boyd's share of Borgata's non-operating items, net
-	-	-	-	-	-	-	0	-	-	-	-
Other non-operating expenses from Borgata, net
-	-	-	-	-	-	-	-	-	-	19	16
Total other expense, net
-270	-200	-172	-252	-267	-229	-287	-288	-246	-168	-150	-96
Income (loss) before income taxes
202	155	171	7	4	-56	-55	-1,139	-10	20	5	-249
Income tax benefit (provision)
44	40	3	-199	-6	-5	7	-220	0	8	1	-26
Income from continuing operations, net of tax
157	114	167	207	11	-50	-63	-918	-10	-	-	-
Income from discontinued operations, net of tax
0	0	21	212	36	8	-44	-4	2	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest
-	-	-	-	-	-11	27	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-41	-80	-923	-7	12	4	-223
Net (income) loss attributable to noncontrolling interest
-	-	-	-	-	11	-27	-14	4	1	0	0
Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest
-	-	-	-	-	-	-0	-	-	-	-	-
Net income (loss)
157	115	189	420	47	-53	-80	-908	-3	10	4	-223
Basic net income per common share
Continuing operations (in dollars per share)
1.39	1.01	1.46	1.81	0.10	-0.46	-0.65	-10.32	-0.07	-	-	-
Discontinued operations (in dollars per share)
0.00	0.00	0.19	1.86	0.32	-0.02	-0.18	-0.05	0.03	-	-	-
Basic net income (loss) per common share (in dollars per share)
1.39	1.01	1.65	3.67	0.42	-0.48	-0.83	-10.37	-0.04	0.12	0.05	-2.54
Weighted average basic shares outstanding (in shares)
113	114	114	114	112	109	97	87	-	86	86	87
Diluted net income per common share
Continuing operations (in dollars per share)
1.38	1.00	1.45	1.80	0.10	-0.46	-0.65	-10.32	-0.07	-	-	-
Discontinued operations (in dollars per share)
0.00	0.00	0.19	1.85	0.32	-0.02	-0.18	-0.05	0.03	-	-	-
Diluted net income (loss) per common share (in dollars per share)
1.38	1.00	1.64	3.65	0.42	-0.48	-0.83	-10.37	-0.04	0.12	0.05	-2.54
Weighted average diluted shares outstanding (in shares)
113	115	115	115	113	109	97	87	87	86	86	87
Common Stock, Dividends, Per Share, Declared
-	-	-	0.00	0.00	-	-	-	-	-	-	0.30
Casino [Member]
Total revenues
2,483	1,925	1,740	1,610	1,631	1,799	1,863	2,106	1,982	1,812	1,372	1,477
Cost of Revenue
1,116	845	759	725	740	888	921	1,006	920	859	664	690
Food and Beverage [Member]
Total revenues
447	367	346	302	303	303	306	417	387	347	229	251
Cost of Revenue
412	347	335	300	301	168	169	219	199	180	125	144
Occupancy [Member]
Total revenues
237	199	186	169	162	157	150	264	246	211	122	140
Cost of Revenue
110	90	85	77	76	41	41	55	56	49	39	43
Product and Service, Other [Member]
Total revenues
157	133	127	116	117	122	122	145	134	123	100	117
Cost of Revenue
96	87	83	83	86	86	86	110	108	99	77	89