PINNACLE ENTERTAINMENT, INC. PNK Income Statement

Pinnacle entertainment, inc. (PNK)

Income statement / TTM

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
Gaming
Food and beverage
Lodging
Retail, entertainment and other
Revenues:
Revenues
0	-	-	-	0	-	-	-	-	-	-	-	-	-
Gaming
-	2,211	-	2,302	-	2,181	2,128	2,057	2,041	2,054	2,048	0	0	0
Food and beverage
-	169	-	133	-	128	126	124	124	125	125	0	0	0
Lodging
-	77	-	51	-	51	50	50	50	50	50	0	0	0
Retail, entertainment and other
-	91	-	89	-	77	73	67	67	67	66	0	0	0
Total revenues
-	2,550	-	2,578	-	2,438	2,378	2,299	2,283	2,299	2,291	0	0	0
Expenses and other costs:
Gaming
-	1,188	-	1,253	-	1,182	1,135	1,093	1,081	1,097	1,094	0	0	0
Food and beverage
-	157	-	127	-	122	120	118	118	119	118	0	0	0
Lodging
-	33	-	25	-	25	24	24	24	24	25	0	0	0
Retail, entertainment and other
-	42	-	40	-	32	28	25	26	27	28	0	0	0
General and administrative
456	455	455	458	450	462	454	448	448	428	426	0	0	0
Depreciation and amortization
204	211	217	222	222	220	218	217	220	228	242	0	0	0
Pre-opening, development and other costs
9	10	9	4	9	51	55	0	0	0	-	-	-	-
Pre-opening, development and other costs
-	-	-	-	-	-	-	-	-	-	-	0	0	0
Impairment of goodwill
-	-	-	0	-	-	-	0	0	-	-	0	0	-
Impairment of other intangible assets
-	-	-	0	-	-	-	0	0	-	-	0	0	-
Write-downs, reserves and recoveries, net
12	17	15	15	17	14	16	20	15	2	2	0	0	0
Total expenses and other costs
2,097	2,117	2,133	2,164	2,126	2,579	2,525	2,484	2,484	1,985	1,990	0	0	0
Operating income
446	432	428	413	399	-140	-146	-184	-201	313	301	0	0	0
Interest expense, net
383	379	380	381	380	368	334	297	268	243	244	0	0	0
Loss on early extinguishment of debt
-	-	-	0	-	-	-	0	0	-	-	0	0	-
Loss from equity method investment
0	-	-	0	0	-	-	0	0	-	-0	0	0	0
Income before income taxes
62	53	47	31	19	-514	-485	-487	-474	70	56	0	0	0
Income tax benefit (expense)
-17	-13	-14	0	2	-33	-28	-24	-25	14	14	0	0	0
Income (loss) from continuing operations
-	-	-	30	-	-	-457	-463	-449	55	42	0	0	0
Income from discontinued operations, net of income taxes
-	-	-	0	-	-	0	0	0	5	5	0	0	0
Net income
79	66	61	30	16	-481	-457	-462	-448	61	47	0	0	0
Less: net loss attributable to non-controlling interest
-0	-1	-1	-1	-0	-0	-0	-0	-0	-1	-1	0	0	0
Net income attributable to Pinnacle Entertainment, Inc.
80	67	63	31	17	-481	-457	-462	-448	62	48	0	0	0
Net income per common share:
Income (loss) from continuing operations (in dollars per share)
-	-	-	0.25	-	-	-0.42	-0.01	-8.04	0.67	-0.24	0.22	0.28	0.45
Income from discontinued operations, net of income taxes (in dollars per share)
-	-	-	0.00	-	-	0.01	0.00	0.00	0.00	0.01	0.00	0.08	0.00
Basic (in dollars per share)
0.38	0.39	0.39	0.25	0.17	0.31	-0.41	-0.01	-8.04	0.67	-0.23	0.22	0.36	0.45
Income (loss) from continuing operations (in dollars per share)
-	-	-	0.23	-	-	-0.40	-0.01	-8.04	0.65	-0.25	0.22	0.27	0.44
Income from discontinued operations, net of income taxes (in dollars per share)
-	-	-	0.00	-	-	0.01	0.00	0.00	0.00	0.02	0.00	0.07	0.00
Diluted (in dollars per share)
0.35	0.35	0.36	0.23	0.15	0.28	-0.39	-0.01	-8.04	0.65	-0.23	0.22	0.34	0.44
Weighted average common shares outstanding:
Basic (in shares)
57	56	56	56	56	55	55	57	60	61	61	61	60	60
Diluted (in shares)
62	62	62	61	61	60	53	57	60	63	63	63	63	62