Eldorado resorts, inc. (ERI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13
REVENUES:
Net revenues

-

-

-

-

-

-

-

-

-

-

483,036

389,237

-

-

266,256

255,010

234,551

203,840

199,536

198,356

182,809

-

90,528

-

-

-

Less-promotional allowances

-

-

-

-

-

-

-

-

-

-

38,162

34,057

-

-

24,691

23,695

20,985

17,680

15,996

15,723

15,358

15,841

11,579

10,976

10,053

11,319

Net revenues

473,069

592,124

663,181

637,121

635,823

671,760

487,253

456,802

440,192

478,351

444,874

355,180

202,393

214,019

241,565

231,315

213,566

186,160

183,540

182,633

167,451

-

-

72,725

67,083

74,950

Net operating revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78,949

61,749

57,030

63,631

EXPENSES:
Casino

-

-

-

-

-

-

-

-

-

-

184,790

152,417

79,981

-

103,272

100,374

96,262

89,290

90,398

91,066

86,818

83,913

34,596

25,309

23,974

25,857

Pari-mutuel commissions

-

-

-

-

-

-

-

-

-

-

4,601

4,874

1,207

-

3,506

2,931

1,324

1,559

3,625

3,093

1,696

-

520

-

-

-

Other

9,181

11,874

12,092

10,723

11,249

13,646

9,315

8,310

7,405

12,551

7,792

5,644

6,169

10,786

7,298

6,618

6,074

4,812

4,079

3,567

2,867

3,601

2,324

1,774

1,649

1,950

Marketing and promotions

24,953

31,700

33,292

32,080

32,301

39,906

23,122

21,832

21,301

28,253

24,634

20,158

10,129

10,227

11,323

9,766

9,574

8,906

7,816

7,404

7,101

7,836

5,262

4,747

4,137

4,650

General and administrative

91,675

116,665

122,767

117,431

119,888

126,052

75,599

73,745

74,202

85,273

68,585

55,379

31,800

32,591

34,094

32,380

31,655

26,988

23,285

23,053

23,544

22,721

14,387

10,818

10,812

11,060

Corporate

16,482

15,177

13,014

21,051

16,754

13,614

9,217

12,232

11,569

9,005

7,718

7,442

6,574

4,196

4,426

4,354

6,904

4,756

3,652

3,901

4,160

-

-

-

-

-

Impairment charges

160,758

0

0

0

958

0

3,787

0

9,815

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

50,433

54,643

52,592

56,533

57,757

58,225

35,760

31,910

31,534

36,256

29,122

24,909

15,604

15,852

15,810

15,583

16,204

14,467

13,954

14,031

14,469

15,086

5,283

4,086

4,188

4,297

Total operating expenses

588,161

497,780

524,033

525,691

533,248

573,696

396,220

376,439

382,659

460,444

363,837

301,683

186,561

197,392

208,731

200,768

194,854

171,464

161,610

160,430

154,766

156,755

72,943

56,054

53,726

57,283

Gain on sale or disposal of property and equipment

1,458

27,907

-284

-366

22,318

-442

-110

423

-706

-266

4

-89

32

-96

25

-836

71

-4

-6

3

1

-

-3

-

-

-

Proceeds from terminated sales

-

-

-

-

-

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction expenses

9,294

63,030

12,442

7,292

1,894

10,799

4,091

3,404

2,548

3,605

2,094

85,464

1,614

3,858

4,750

56

520

1,735

380

253

84

495

4,463

1,081

1,372

1,416

(Loss) income from unconsolidated affiliates

-252

-309

-1,515

-1,222

605

-97

-63

32

-85

-62

-23

-60

-222

-

-

-

-

324

2,548

1,106

-518

-314

1,238

2,161

-380

2,160

Operating (loss) income

-123,180

58,912

124,907

102,550

123,604

86,726

91,769

77,414

54,194

33,974

78,924

-32,116

14,028

12,673

28,109

29,655

18,263

13,281

24,092

23,059

12,084

6,450

2,778

6,775

1,552

7,092

OTHER EXPENSE:
Investment Income, Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

4

4

Interest expense, net

66,464

69,043

71,897

71,798

73,510

74,991

34,085

31,405

31,251

30,389

29,183

27,527

12,670

12,542

12,589

12,795

12,991

12,612

14,482

17,232

17,232

28,622

-5,647

3,870

3,889

3,912

Loss on extinguishment of debt

-158

-

-1,204

-

-

-

-

-

-

-

-10,030

-27,317

-

0

0

-89

-66

-

-1,790

-

-

-

-

-

-

-

Unrealized loss on investments and marketable securities

-23,008

-

-

-

-1,460

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on restricted investment

-

-

3,318

-1,398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other expense

-89,630

-67,046

-69,783

-73,196

-74,970

-77,740

-34,085

-31,405

-31,251

-31,472

-39,213

-54,844

-12,670

-12,542

-12,589

-12,884

-13,057

22,823

-16,272

-17,232

-17,232

-16,711

-5,647

-3,866

-3,885

-3,908

(Loss) income before income taxes

-212,810

-8,134

55,124

29,354

48,634

8,986

57,684

46,009

22,943

2,502

39,711

-86,960

1,358

131

15,520

16,771

5,206

36,104

7,820

5,827

-5,148

-10,261

-2,869

2,909

-2,333

3,184

Benefit (provision) for income taxes

-37,172

5,085

18,069

10,418

10,405

9,106

19,980

9,213

2,088

-89,100

11,595

-39,677

413

-553

5,838

5,980

1,836

-74,049

2,421

1,032

1,016

573

1,195

0

0

-

INCOME (LOSS) FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

28,116

-47,283

-

-

9,682

10,791

-

-

-

-

-

-

-

-

-

-

INCOME FROM DISCONTINUED OPERATIONS, NET OF TAXES

-

-

-

-

-

-

-

-

-

-

1,438

955

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,370

-

5,399

4,795

-6,164

-

-

-

-

-

Net (loss) income

-175,638

-13,219

37,055

18,936

38,229

-120

37,704

36,796

20,855

89,209

29,554

-46,328

945

-

9,682

10,791

-

-

-

-

-

-10,937

-4,064

2,909

-2,333

3,184

Income (loss) per common share attributable to common stockholders - basic:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

0.36

-0.70

-

-

0.21

0.23

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

0.02

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic

-2.25

-0.17

0.48

0.24

0.49

-0.01

0.49

0.48

0.27

1.38

0.38

-0.69

0.02

0.01

0.21

0.23

0.07

2.36

0.12

0.10

-0.13

-

-0.16

0.12

-

0.14

Income (loss) per common share attributable to common stockholders - diluted:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

0.36

-0.70

-

-

0.20

0.23

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

0.02

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

-2.25

-0.17

0.47

0.24

0.49

0.00

0.48

0.47

0.27

1.37

0.38

-0.69

0.02

0.01

0.20

0.23

0.07

2.34

0.12

0.10

-0.13

-

-0.16

0.12

-

0.14

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.10

-

Weighted average number of shares outstanding:
Weighted average basic shares outstanding

77,954

77,737

77,721

77,682

77,567

77,500

77,522

77,458

77,353

77,058

76,902

67,453

47,120

46,935

47,193

47,071

46,933

46,672

46,516

46,516

46,494

-

26,075

23,311

-

23,311

Weighted average diluted shares outstanding

77,954

78,611

78,449

78,725

78,589

78,506

78,283

78,258

78,080

77,901

77,959

68,469

48,081

47,715

47,834

47,721

47,534

48,120

46,763

46,657

46,494

-

26,075

23,311

-

23,311

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,311

-

Casino and pari-mutuel Commissions
Net revenues

339,749

422,503

458,000

456,997

470,686

492,961

368,169

348,720

343,528

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services

159,156

186,226

202,555

203,240

210,306

229,731

180,062

169,945

169,551

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Food and Beverage
Net revenues

-

-

78,435

75,428

-

82,695

58,153

54,293

52,198

63,031

56,356

46,438

32,421

-

38,029

36,967

33,739

28,023

24,040

23,495

22,182

22,887

15,972

15,027

14,347

15,587

Net revenues

56,246

72,273

78,435

75,428

75,281

82,695

58,153

54,293

52,198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services

53,255

58,373

60,406

59,497

60,385

67,691

45,381

44,770

44,776

94,539

26,457

22,834

26,018

61,041

21,046

20,783

19,728

16,222

12,461

12,002

11,921

14,522

8,462

7,406

7,021

7,413

Hotel
Net revenues

-

-

94,318

78,484

-

69,357

44,780

38,926

30,741

46,573

38,536

28,924

19,305

-

28,001

25,677

20,165

12,795

9,193

8,444

7,034

7,260

7,555

7,305

5,887

7,592

Net revenues

48,376

62,322

94,318

78,484

64,784

69,357

44,780

38,926

30,741

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services

22,268

23,122

27,315

25,136

23,650

24,831

13,977

13,695

12,506

23,332

10,138

8,026

9,079

18,148

7,956

7,979

7,129

4,464

2,340

2,313

2,190

2,568

2,109

1,914

1,945

2,056

Other
Net revenues

-

-

32,428

26,212

-

26,747

16,151

14,863

13,725

15,108

15,052

11,550

8,477

-

12,095

11,014

10,885

8,613

6,165

6,573

4,726

5,681

3,098

2,239

2,180

2,666

Net revenues

28,698

35,026

32,428

26,212

25,072

26,747

16,151

14,863

13,725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Casino
Net revenues

-

-

-

-

-

-

-

-

-

-

367,930

298,182

141,554

59,330

184,604

178,459

169,078

153,420

156,357

156,788

147,662

142,568

63,457

48,154

44,669

49,105

Pari-mutuel Commissions
Net revenues

-

-

-

-

-

-

-

-

-

-

5,162

4,143

636

1,440

3,527

2,893

684

989

3,781

3,056

1,205

-

446

-

-

-