MGM Resorts International MGM Income Statement

Mgm resorts international (MGM)

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Retail
-	-	-	-	-	-	-	-	-	-	-	-	-	-	198	199	202	-	198	196	191	191	191	192	194	194	196	195	195	196	198	203	205	204	203	200	197	194	202	203	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	516	494	497	-	506	512	508	507	507	498	491	490	483	488	493	482	487	488	484	485	476	472	465	459	476	483	0	0	0
Total revenues, gross
-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,934	9,671	9,804	-	10,148	10,361	10,550	10,848	10,971	10,947	10,847	10,564	10,342	10,127	9,964	9,901	9,899	9,881	9,343	8,532	7,689	6,997	6,735	6,689	6,756	6,683	0	0	0
Less: Promotional allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	748	719	737	-	764	774	767	766	762	760	759	754	1,118	744	739	740	369	739	719	683	652	627	624	633	651	650	0	0	0
Revenues
11,975	12,899	12,767	12,482	12,117	11,763	11,307	11,108	10,902	10,797	10,683	10,368	9,986	9,478	9,175	8,941	9,057	9,179	9,383	9,587	9,783	10,081	10,209	10,187	10,087	9,809	9,590	9,382	9,225	9,160	9,163	9,141	8,624	7,849	7,036	6,370	6,111	6,056	6,105	6,032	0	0	0
Expenses
Retail
-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	96	100	-	103	102	100	99	101	102	104	107	108	109	111	112	115	119	122	124	124	123	121	120	124	126	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	341	335	343	-	354	362	358	361	360	355	356	354	351	348	344	344	352	353	353	345	340	338	334	333	326	310	0	0	0
General and administrative
2,150	2,101	1,988	1,957	1,871	1,764	1,734	1,672	1,588	1,559	1,521	1,491	1,458	1,378	1,308	1,277	1,289	1,309	1,326	1,333	1,327	1,318	1,311	1,306	1,293	1,278	1,268	1,245	1,240	1,239	1,239	1,224	1,216	1,182	1,153	1,141	1,122	1,128	1,141	1,122	0	0	0
Corporate expense
-479	-464	-464	-453	-449	-419	-416	-407	-383	-356	-312	-312	-314	-312	-551	-537	-396	-274	-372	-236	-241	-238	232	225	223	216	240	249	239	235	202	183	180	174	156	143	135	124	119	131	0	0	0
NV Energy exit expense
-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preopening and start-up expenses
4	7	23	69	87	151	185	168	170	118	127	129	133	140	99	84	77	71	63	57	49	39	29	23	16	13	10	6	0	-	0	0	-	-	-	0	-	4	14	23	0	0	0
Property transactions, net
322	275	293	0	12	9	8	58	54	50	35	26	13	17	28	36	39	35	13	12	42	41	42	61	116	124	722	702	704	696	192	268	179	178	80	325	1,450	1,451	2,424	2,101	0	0	0
Gain on REIT transactions, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on Borgata transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on MGM China transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Depreciation and amortization
1,306	1,304	1,285	1,264	1,225	1,178	1,114	1,063	1,012	993	977	937	899	849	816	811	813	819	822	820	814	815	820	829	844	849	868	885	902	927	938	959	901	817	726	635	622	633	657	672	0	0	0
Total expenses
7,271	9,078	11,585	11,127	10,792	10,441	10,093	9,815	9,464	9,231	9,065	8,524	8,280	7,928	9,108	9,313	9,444	9,590	8,292	8,472	8,640	8,822	8,903	8,901	8,911	8,741	9,249	9,109	9,007	9,022	8,516	8,558	4,558	3,883	3,086	2,739	7,155	7,136	8,096	7,688	0	0	0
Income from unconsolidated affiliates
116	119	134	133	154	147	143	145	138	146	150	145	553	528	536	561	155	258	215	181	158	63	92	88	75	68	70	13	12	-16	-50	-11	14	91	123	124	65	-78	-238	-235	0	0	0
Operating income
4,820	3,940	1,315	1,488	1,479	1,469	1,357	1,438	1,575	1,712	1,769	1,989	2,258	2,078	603	188	-231	-152	1,307	1,296	1,302	1,323	1,398	1,374	1,251	1,137	412	286	230	121	596	571	4,080	4,057	4,073	3,754	-977	-1,158	-2,229	-1,892	0	0	0
Non-operating income (expense)
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest expense, net of amounts capitalized
788	847	861	852	817	769	712	670	662	668	673	677	684	694	719	743	765	797	812	823	823	817	824	830	841	857	928	995	1,057	1,116	1,110	1,107	1,101	1,086	1,085	1,098	1,119	1,113	1,022	938	0	0	0
Non-operating items from unconsolidated affiliates
76	62	70	67	56	47	40	37	36	34	34	36	41	53	61	73	75	76	78	78	84	87	182	193	208	208	294	239	179	130	-94	-98	-105	-119	-166	-168	-172	-108	-20	18	0	0	0
Other, net
-309	-183	-60	-54	-14	-18	-28	-54	-49	-48	-36	-23	-72	-72	-70	-58	-13	-15	-18	-14	-9	-7	-4	-4	-9	-9	-559	-557	-552	-608	-56	-60	-73	-19	-11	-2	19	165	158	-82	0	0	0
Total non-operating income (expense)
-1,174	-1,093	-992	-973	-889	-835	-780	-762	-748	-751	-744	-738	-798	-820	-852	-874	-854	-890	-909	-915	-918	-912	-1,011	-1,029	-1,059	-1,075	-1,646	-1,696	-1,735	-1,855	-1,261	-1,266	-1,280	-1,225	-1,216	-1,222	-1,225	-1,057	-959	-1,096	0	0	0
Income before income taxes
3,645	2,846	322	514	590	634	576	676	826	960	1,025	1,251	1,459	1,257	-248	-686	-1,086	-1,042	397	380	383	410	387	345	192	62	-1,233	-1,410	-1,505	-1,734	-665	-694	2,799	2,831	2,856	2,532	-2,203	-2,216	-3,189	-2,988	0	0	0
Provision for income taxes
823	632	168	195	207	50	-1,420	-1,324	-1,274	-1,127	287	127	62	21	55	84	72	-5	251	278	230	283	-43	-68	-12	20	-70	-58	-113	-117	-217	-294	-321	-403	-258	-371	-772	-778	-1,140	-1,045	0	0	0
Net income
2,822	2,214	154	319	383	583	1,997	2,001	2,101	2,088	738	1,123	1,397	1,235	-304	-770	-1,158	-1,037	146	102	153	127	430	413	204	41	-1,163	-1,351	-1,391	-1,616	-447	-399	3,121	3,234	2,936	2,159	0	-	0	0	-	-	-
Less: Net (income) loss attributable to noncontrolling interests
-1	165	139	125	109	117	119	118	132	136	149	148	157	135	-601	-599	-610	-591	154	197	236	277	301	286	280	213	169	140	152	150	132	114	0	-	0	0	-	-	-	-	-	-	-
Net income attributable to MGM Resorts International
2,824	2,049	14	194	274	466	1,877	1,882	1,969	1,952	588	975	1,240	1,100	297	-171	-548	-445	-8	-95	-82	-149	129	127	-75	-171	-1,332	-1,491	-1,543	-1,767	-657	-600	2,987	3,114	3,089	2,894	-1,430	-1,437	-2,048	-1,943	0	0	0
Net income per share of common stock attributable to MGM Resorts International
Basic
1.64	3.85	-0.08	0.08	0.05	-0.04	0.26	0.21	0.39	2.40	0.26	0.36	0.36	0.04	0.94	0.84	0.12	-1.47	0.12	0.18	0.35	-0.70	-0.04	0.22	0.21	-0.12	-0.05	-0.19	0.01	-2.51	-0.37	-0.30	-0.44	-0.24	-0.25	7.04	-0.18	-0.25	-0.72	-2.00	-0.22	-1.70	-0.60
Diluted
1.64	3.83	-0.08	0.08	0.05	-0.04	0.26	0.21	0.38	2.36	0.26	0.36	0.36	0.04	0.93	0.83	0.12	-1.44	0.12	0.17	0.33	-0.69	-0.04	0.22	0.20	-0.12	-0.05	-0.19	0.01	-2.51	-0.37	-0.30	-0.44	-0.17	-0.25	6.22	-0.18	-0.25	-0.72	-2.00	-0.22	-1.70	-0.60
Weighted average common shares outstanding
Basic
495	511	518	532	534	528	535	548	564	566	573	574	574	573	568	565	565	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
496	518	518	535	537	531	540	554	571	572	580	582	580	579	573	570	569	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.11	0.11	0.11	-	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Casino [Member]
Revenues
5,945	6,517	6,448	6,251	5,985	5,753	5,481	5,298	5,139	5,016	4,265	4,290	4,245	4,108	3,934	3,807	3,916	4,060	5,095	5,334	5,573	5,878	6,050	6,089	6,057	5,875	5,695	5,529	5,385	5,319	5,301	5,249	4,747	4,002	3,256	2,657	2,459	2,479	2,552	2,535	0	0	0
Expenses
3,349	3,623	3,582	3,486	3,339	3,199	3,027	2,883	2,769	2,673	2,225	2,247	2,240	2,213	2,099	2,102	2,220	2,363	3,072	3,257	3,435	3,643	3,771	3,800	3,800	3,684	3,582	3,495	3,404	3,396	3,402	3,372	3,031	2,515	1,996	1,557	1,427	1,422	1,425	1,419	0	0	0
Rooms [Member]
Revenues
2,182	2,322	2,299	2,269	2,247	2,212	2,148	2,155	2,133	2,152	2,157	2,115	2,072	2,003	1,937	1,873	1,864	1,834	1,835	1,802	1,775	1,768	1,742	1,722	1,697	1,646	1,635	1,615	1,596	1,588	1,582	1,595	1,573	1,547	1,500	1,448	1,412	1,370	1,379	1,377	0	0	0
Expenses
798	829	817	812	806	791	778	765	749	748	831	786	741	697	688	681	681	677	552	555	556	548	543	531	523	516	517	513	509	507	503	500	494	485	469	455	439	423	428	423	0	0	0
Food and Beverage [Member]
Revenues
2,021	2,145	2,113	2,073	2,023	1,959	1,884	1,867	1,858	1,871	1,947	1,892	1,820	1,727	1,682	1,631	1,641	1,648	1,570	1,570	1,559	1,558	1,541	1,511	1,493	1,469	1,467	1,461	1,459	1,472	1,473	1,481	1,461	1,425	1,397	1,371	1,359	1,339	1,363	1,378	0	0	0
Expenses
1,601	1,661	1,634	1,598	1,548	1,501	1,445	1,428	1,414	1,414	1,688	1,566	1,442	1,310	1,282	1,267	1,271	1,271	915	912	910	908	894	875	859	844	845	840	837	844	844	849	842	829	817	801	790	774	781	783	0	0	0
Entertainment, Retail and Other [Member]
Revenues
1,402	1,477	1,464	1,446	1,427	1,412	1,378	1,376	1,366	1,354	1,900	1,672	1,441	1,242	1,215	1,216	1,229	1,237	543	548	552	560	561	560	542	522	500	477	477	483	497	506	515	514	503	495	489	486	493	492	0	0	0
Expenses
1,006	1,051	1,054	1,043	1,016	999	966	957	957	954	1,322	1,177	1,032	901	891	890	896	901	417	419	420	422	418	416	401	386	368	353	351	356	366	370	376	375	367	361	357	360	363	361	0	0	0
Reimbursed Costs [Member]
Revenues
423	436	441	440	433	425	414	410	405	402	397	394	396	397	397	396	398	398	397	397	389	383	378	372	369	364	363	359	357	357	357	356	355	351	350	351	352	359	287	212	0	0	0
Expenses
423	436	441	440	433	425	414	410	405	402	397	394	396	397	397	396	398	398	397	397	389	383	378	372	369	364	363	359	357	357	357	356	355	351	350	351	352	359	287	212	0	0	0