ELDORADO RESORTS, INC. ERI Income Statement

Eldorado resorts, inc. (ERI)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
REVENUES:
Net revenues
-	-	-	-	784,541	410,272	290,253	-
Less-promotional allowances
-	-	-	-	64,757	48,449	43,067	41,530
Net revenues
2,528,249	2,056,007	1,480,798	900,465	719,784	361,823	247,186	296,270
Net operating revenues
-	-	-	-	-	-	-	254,740
EXPENSES:
Casino
-	-	-	-	357,572	167,792	101,913	104,044
Pari-mutuel commissions
-	-	-	-	9,973	2,411	-	-
Other
45,938	38,676	32,156	30,776	15,325	9,348	7,290	7,279
Marketing and promotions
129,373	106,161	83,174	40,890	31,227	21,982	17,740	18,724
General and administrative
476,751	349,598	241,037	130,720	96,870	58,738	43,713	44,936
Corporate
65,996	46,632	30,739	19,880	16,469	4,617	-	-
Impairment charges
958	13,602	38,016	-	-	-	-	-
Depreciation and amortization
221,525	157,429	105,891	63,449	56,921	28,643	17,031	17,651
Total operating expenses
2,080,752	1,729,014	1,312,525	801,745	648,270	339,478	224,560	229,749
Gain on sale or disposal of property and equipment
49,575	-835	-319	-836	-6	-84	-226	-198
Proceeds from terminated sales
-	5,000	20,000	-	-	-	-	-
Transaction expenses
84,658	20,842	92,777	9,184	2,452	7,411	-	-
Acquisition charges
-	-	-	-	-	-	3,173	-
(Loss) income from unconsolidated affiliates
-2,441	-213	-367	-	3,460	2,705	3,355	-8,952
Operating (loss) income
409,973	310,103	94,810	88,700	72,516	17,555	22,582	15,841
OTHER EXPENSE:
Investment Income, Interest
-	-	-	-	-	-	-	14
Interest expense, net
286,248	171,732	99,769	50,917	61,558	30,734	15,665	16,069
Gain on extinguishment of debt of unconsolidated affiliate
-	-	-	-	-	-	11,980	-
Gain on valuation of unconsolidated affiliate
-	-	-	-	35,582	-	-	-
Gain on termination of supplemental executive retirement plan
-	-	-	-	-	715	-	-
Loss on extinguishment of debt
-7,512	-162	-38,430	-155	-1,937	-90	-	-22
Unrealized gain (loss) on restricted investment
8,765	-2,587	-	-	-	-	-	-
Loss on property donation
-	-	-	-	-	-	-	755
Total other expense
-284,995	-174,481	-138,199	-51,072	-27,913	-30,109	-3,685	-16,832
(Loss) income before income taxes
124,978	135,622	-43,389	37,628	44,603	-12,554	18,897	-991
Benefit (provision) for income taxes
43,977	40,387	-116,769	13,101	-69,580	1,768	0	0
NET INCOME
-	-	-	-	-	-14,322	18,897	-991
NON-CONTROLLING INTEREST
-	-	-	-	-	103	-	-
Net (loss) income
81,001	95,235	73,380	24,527	114,183	-14,425	18,897	-991
Income (loss) per common share attributable to common stockholders - basic:
Basic
1.04	1.23	1.09	0.52	2.45	-0.48	0.81	-
Income (loss) per common share attributable to common stockholders - diluted:
Diluted
1.03	1.22	1.08	0.51	2.43	-0.48	0.81	-
Basic and diluted
-	-	-	-	-	-	-	-0.04
Weighted average number of shares outstanding:
Weighted average basic shares outstanding
77,677	77,458	67,133	47,033	46,550	29,901	23,311	-
Weighted average diluted shares outstanding
78,593	78,282	68,102	47,701	47,008	29,901	23,311	-
Basic and diluted
-	-	-	-	-	-	-	23,311
Casino and pari-mutuel Commissions
Net revenues
1,808,186	1,553,378	1,099,027	-	-	-	-	-
Cost of goods and services
802,327	749,289	561,089	-	-	-	-	-
Food and Beverage
Net revenues
301,417	247,339	198,246	-	97,740	68,233	60,556	59,317
Net revenues
301,417	247,339	198,246	155,217	-	-	-	-
Cost of goods and services
238,661	202,618	169,848	122,598	52,606	37,411	28,982	29,095
Hotel
Net revenues
299,908	183,804	133,338	-	37,466	28,007	26,934	26,203
Net revenues
299,908	183,804	133,338	100,462	-	-	-	-
Cost of goods and services
99,223	65,009	50,575	41,212	11,307	8,536	7,891	8,020
Other
Net revenues
118,738	71,486	50,187	-	26,077	13,198	10,384	10,458
Net revenues
118,738	71,486	50,187	44,771	-	-	-	-
Casino
Net revenues
-	-	-	591,471	614,227	298,848	192,379	200,292
Cost of goods and services
-	-	-	342,433	-	-	-	-
Pari-mutuel Commissions
Net revenues
-	-	-	8,544	9,031	1,986	-	-
Cost of goods and services
-	-	-	9,787	-	-	-	-