| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Revenue: | ||||||
Total revenue | ||||||
523,577 | 437,537 | 421,053 | ||||
Operating costs and expenses: | ||||||
Advertising, general and administrative | ||||||
180,400 | 143,278 | 149,559 | ||||
Expansion and pre-opening | ||||||
0 | 2,700 | 200 | ||||
Acquisition, integration and restructuring expense | ||||||
12,168 | 6,844 | 0 | ||||
Depreciation and amortization | ||||||
32,392 | 22,332 | 22,204 | ||||
Total operating costs and expenses | ||||||
408,951 | 316,888 | 297,330 | ||||
(Loss) income from operations | ||||||
114,626 | 120,649 | 123,723 | ||||
Other income (expense): | ||||||
Interest income | ||||||
1,904 | 173 | 194 | ||||
Interest expense, net of amounts capitalized | ||||||
39,830 | 23,025 | 22,809 | ||||
Loss on extinguishment and modification of debt | ||||||
-1,703 | 0 | 0 | ||||
Other, net | ||||||
183 | 0 | 0 | ||||
Total other expense, net | ||||||
-39,446 | -22,852 | -22,615 | ||||
(Loss) income before provision for income taxes | ||||||
75,180 | 97,797 | 101,108 | ||||
(Benefit) provision for income taxes | ||||||
20,050 | 26,359 | 38,861 | ||||
Net (loss) income | ||||||
55,130 | 71,438 | 62,247 | ||||
Deemed dividends related to changes in fair value of common stock subject to possible redemption | ||||||
0 | -640 | 2,344 | ||||
Net income applicable to common stockholders | ||||||
55,130 | 72,078 | 59,903 | ||||
Net income per share, basic (in dollars per share) | ||||||
1.46 | 1.95 | 1.64 | ||||
Weighted average common shares outstanding, basic (in shares) | ||||||
37,705 | 36,938 | 36,478 | ||||
Net income per share, diluted (in dollars per share) | ||||||
1.46 | 1.87 | 1.56 | ||||
Weighted average common shares outstanding, diluted (in shares) | ||||||
37,819 | 38,551 | 38,442 | ||||
Newport Grand disposal loss | ||||||
0 | -6,514 | 0 | ||||
Insured Event, Gain (Loss) | ||||||
1,200 | 0 | 0 | ||||
Gaming | ||||||
Total revenue | ||||||
367,948 | 327,740 | 314,794 | ||||
Cost of net revenue | ||||||
93,965 | 71,798 | 65,558 | ||||
Racing | ||||||
Total revenue | ||||||
13,114 | 13,158 | 14,034 | ||||
Cost of net revenue | ||||||
9,592 | 9,031 | 9,534 | ||||
Hotel | ||||||
Total revenue | ||||||
38,988 | 21,339 | 19,431 | ||||
Cost of net revenue | ||||||
14,841 | 8,266 | 7,173 | ||||
Food and beverage | ||||||
Total revenue | ||||||
69,904 | 48,380 | 47,004 | ||||
Cost of net revenue | ||||||
58,447 | 40,246 | 37,371 | ||||
Other | ||||||
Total revenue | ||||||
33,623 | 26,920 | 25,790 | ||||
Retail, entertainment and other | ||||||
Cost of net revenue | ||||||
8,327 | 5,901 | 5,777 | ||||