GOLDEN ENTERTAINMENT, INC. GDEN Income Statement

Golden entertainment, inc. (GDEN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
Total revenues
940,675	973,410	941,401	908,424	876,897	851,794	749,329	648,877	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gaming
-	-	-	-	-	-	-	-	-	-	-	-	353,746	-	329,667	292,846	216,319	148,447	84,744	44,480	43,738	43,458	43,905	35,021	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Food and beverage
-	-	-	-	-	-	-	-	-	-	-	-	60,190	-	55,110	49,936	37,577	25,584	13,817	6,422	6,246	6,157	5,869	5,699	4,836	3,775	3,184	0	0	-	0	-	-	-	-	-	-	-	-
Rooms
-	-	-	-	-	-	-	-	-	-	-	-	7,786	-	7,653	7,445	7,162	6,814	6,415	6,214	6,182	6,289	6,252	6,161	5,146	4,096	3,491	0	0	-	0	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	12,976	-	10,462	7,977	0	-	0	0	-	2,452	0	0	0	-	1,512	0	0	-	0	-	-	-	-	-	-	-	-
Gross revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	377,830	284,649	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,762	9,157	9,658	8,511	7,726	7,586	5,923	31,505	35,397	42,297	46,859	0	0	0
Other operating
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License fees and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	79	68	61	64	69	82	138	176	0	0	0	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	56,934	56,230	49,883	39,926	30,740	18,363	12,293	10,952	8,371	0	0	-	0	-	-	-	-
Less: Promotional allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,784	16,870	12,664	8,882	5,144	2,866	2,997	3,184	3,094	2,344	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
License fees and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	384,253	342,539	255,310	177,042	103,432	56,850	55,628	55,172	53,792	53,354	47,796	38,790	30,984	18,011	0	-	0	0	-	-	-	47,024	0	0	0
Expenses
Gaming
-	-	-	-	-	-	-	-	-	-	-	-	254,296	-	234,277	204,677	147,694	98,268	54,107	25,287	25,142	25,031	25,245	20,422	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Food and beverage
-	-	-	-	-	-	-	-	-	-	-	-	37,525	-	35,475	33,653	26,435	19,373	10,325	4,867	4,803	4,771	4,892	4,919	4,488	3,758	2,926	0	0	-	0	-	-	-	-	-	-	-	-
Rooms
-	-	-	-	-	-	-	-	-	-	-	-	1,549	-	1,245	1,160	1,070	968	828	784	742	694	792	821	862	863	726	0	0	-	0	-	-	-	-	-	-	-	-
Other operating
20,026	21,333	20,285	19,275	17,770	15,332	10,595	8,032	7,895	7,176	10,777	10,782	8,431	5,933	3,898	3,464	2,813	2,260	1,843	1,500	1,403	1,419	1,435	1,448	1,447	1,420	1,332	0	0	-	0	-	-	-	-	-	-	-	-
Selling, general and administrative
216,511	225,848	219,000	209,253	196,633	183,892	177,228	149,308	124,606	98,382	72,385	70,762	68,071	66,323	66,439	60,757	49,640	38,708	27,707	21,028	21,646	22,084	22,472	22,415	21,305	19,332	16,915	14,363	11,655	10,191	9,033	8,724	9,105	9,458	10,415	11,131	0	0	0
Depreciation and amortization
120,483	116,592	109,887	103,606	96,484	94,456	90,708	74,917	59,471	40,786	29,143	28,827	28,266	27,506	23,801	21,678	15,711	10,798	7,759	3,555	3,539	3,513	4,126	3,989	3,585	2,989	1,817	1,287	878	675	462	0	0	-	0	-	-	-	-
Impairment of goodwill
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and severance expenses
4,920	3,488	3,728	4,543	3,985	3,740	6,082	6,905	0	-	0	0	-	614	1,547	10,733	10,733	11,525	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets related to Indian casino projects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	979	1,056	1,056	1,056	1,057	1,057	10,009	11,688	14,209	16,730	0	0	0
Gain on sale of land
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on convertible note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Impairments and other losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	4,453	10,252	9,368	8,604	8,549	3,243	2,848	0	0	0
Loss on disposal of assets
-1,261	-919	-4,880	-3,873	-3,506	-3,336	171	0	0	-	0	-	-	-	0	-	-	-	0	-	34	7	0	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Arbitration award costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery of impairment on notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Merger expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of cost method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Impairments and other losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,679	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preopening expenses
1,261	1,934	2,072	1,850	1,501	1,171	1,362	1,623	1,808	1,632	1,706	2,225	2,170	2,471	2,022	0	0	-	0	-	0	-	0	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Gain on contingent consideration
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	243	0	0	0
Total expenses
920,093	927,293	900,316	867,497	830,897	800,827	774,874	679,531	589,390	491,847	414,158	410,031	400,231	386,963	344,943	314,063	231,869	158,679	112,317	80,805	79,273	79,123	80,163	38,145	34,156	25,381	16,421	25,845	19,673	18,041	21,566	23,439	32,012	33,992	32,172	30,952	0	0	0
Net unrealized losses on notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,892	-1,521	-270	0	0	0
Operating (loss) income
20,582	46,117	41,085	40,927	46,000	50,967	50,505	43,171	26,654	15,291	11,450	12,143	14,616	13,035	39,310	28,476	23,441	18,363	-8,885	-23,955	-23,645	-23,951	-26,371	15,209	13,640	13,409	13,755	-7,522	-7,380	-7,089	-22,093	-30,064	-13,123	-10,311	8,779	15,802	0	0	0
Non-operating expense
Interest expense, net
-74,831	-74,220	-72,974	-70,489	-67,420	-64,028	-61,130	-46,724	-32,658	-19,598	-7,236	-7,040	-6,680	-6,454	-6,091	-5,382	-3,956	-2,728	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment and modification of debt
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,380	3,083	4,803	6,437	6,775	6,612	6,442	6,292	6,117	6,052	5,937	6,102	6,510	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative
-1,921	-4,168	-8,198	-6,624	-3,673	1,786	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,150	942	0	-	0	0	-	-	-	-	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,088	0	-	0	0	-	-	-
Equity in loss of unconsolidated investee
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	869	68	104	0	-	0	0	-	164	184	190	0	-	0	0	-	123	232	297	0	-	0	0	-	0	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-operating expense, net
-85,902	-87,538	-90,322	-86,263	-71,093	-62,242	-56,765	-43,581	-30,977	-21,128	-1,860	-1,664	-1,304	-1,060	-6,069	-6,484	-5,022	-3,812	-2,761	-911	-1,002	-894	725	1,820	3,576	5,242	7,492	8,092	7,985	7,785	5,617	5,461	5,393	5,195	0	0	0	-	-
Loss before income tax (provision) benefit
-65,320	-41,421	-49,237	-45,336	-25,093	-11,275	-6,260	-410	-4,323	-5,837	9,590	10,479	13,312	11,975	33,241	21,992	18,419	14,551	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	21,247	570	605	696	-16,476	-24,603	-7,730	-5,116	36,351	0	0	0	-
Earnings (loss) before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Income tax (provision) benefit
-1,173	-1,876	7,950	5,528	7,769	9,639	2,866	-2,963	-4,995	-7,921	-15,979	-7,837	-6,091	-4,325	3,494	-9,471	-10,065	-9,969	0	0	0	-	0	0	0	0	-235	-322	-467	-2,464	-4,973	-14,035	-6,223	-3,234	10,486	14,084	0	0	0
Net earnings including noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,160	-11,503	-10,568	-1,507	-1,882	25,865	0	0	0	-
Net loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-61	-79	0	0	-	0	-	-	-	-
Net loss
-64,147	-39,545	-57,187	-50,864	-32,862	-20,914	-9,126	2,553	672	2,084	25,569	18,316	19,403	16,300	29,747	31,463	28,484	24,520	1,056	-25,038	-24,802	-24,845	-25,646	17,029	17,216	18,651	21,482	892	1,073	3,221	-11,423	-10,470	-1,410	-1,845	25,883	29,830	0	0	0
Other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	2	-21	-9	-22	-11	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,542	1,058	-25,059	-24,811	-24,867	-25,639	17,030	17,202	18,651	0	0	0	-	0	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding
Basic
27,930	27,846	27,806	27,762	27,570	28,002	27,655	27,406	27,149	25,651	22,266	22,265	22,238	22,223	22,221	22,136	21,960	21,908	18,821	13,392	13,391	26,763	13	13,375	13,364	-	13,232	26,441	-	26,439	26,441	26,441	26,431	26,402	26,406	26,406	26,398	26,369	26,369
Dilutive impact of stock options and restricted stock units
-	-	-	-	-	-	724	2,258	2,379	2,843	1,825	1,023	529	117	564	299	296	-	241	-	0	-	0	250	-	-	184	202	-	-	-	0	0	-75	20	25	30	57	-
Dilutive effect of stock options and restrictive stock units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57
Diluted
27,930	27,846	27,806	27,762	27,570	23,365	27,655	29,664	29,528	28,494	24,091	23,288	22,767	22,340	22,785	22,435	22,256	22,567	19,062	13,392	13,391	-	13	13,625	-	-	13,416	26,643	-	26,443	26,441	26,441	26,431	26,347	26,406	26,431	26,428	26,426	26,426
Net loss per share
Basic and diluted (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,441	-	-	-	-	-	-	-	-	-	-
Basic
-1.17	-0.28	-0.34	-0.52	-0.29	-0.92	-0.11	0.13	0.14	-0.61	0.38	0.08	0.24	0.45	0.06	0.13	0.10	1.43	0.16	-0.01	-0.13	-0.01	-1.72	0.00	-0.13	-	1.48	0.01	-	0.07	-0.04	0.02	0.07	-0.48	0.00	0.36	0.05	0.57	0.15
Diluted
-1.17	-0.28	-0.34	-0.52	-0.29	-0.90	-0.11	0.12	0.13	-0.58	0.36	0.07	0.23	0.45	0.06	0.12	0.10	1.41	0.16	-0.01	-0.13	-	-1.72	0.00	-	-	1.46	0.01	-	0.07	-0.04	0.02	0.07	-0.48	0.00	0.36	0.05	0.57	0.15
Basic and diluted (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-
Gaming [Member]
Total revenues
562,226	578,803	563,609	548,805	535,105	525,176	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods and services sold
330,705	334,941	329,148	321,814	316,317	311,657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Food and beverage [Member]
Total revenues
194,722	202,933	195,400	186,290	177,608	170,453	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods and services sold
156,401	159,728	154,113	147,601	142,736	138,114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rooms [Member]
Total revenues
126,511	132,193	126,939	119,819	111,965	106,805	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods and services sold
62,064	62,510	59,217	55,682	51,965	49,129	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other [Member]
Total revenues
57,216	59,481	55,453	53,510	52,219	49,360	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-