Cash Flows from Operating Activities | |
Net income (loss) | 405.78M |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |
Depreciation and amortization | 143.83M |
Amortization of debt financing costs | |
Amortization of discounts on senior secured notes | |
Share-based compensation expense | 7.13M |
Deferred income taxes | -177.11M |
Operating and non-operating income from Borgata | |
Distributions of earnings received from Borgata | |
Noncash asset write-downs | |
Loss (gain) on early retirements of debt | |
Other operating activities | 1.2M |
Changes in operating assets and liabilities: | |
Restricted cash | -4.26M |
Accounts receivable, net | 2.05M |
Inventories | 733K |
Prepaid expenses and other current assets | -2.92M |
Income taxes receivable | 212K |
Other long-term tax assets | |
Other assets, net | -759K |
Accounts payable and accrued liabilities | 32.73M |
Income taxes payable | |
Other long-term tax liabilities | 190K |
Other liabilities | 2.7M |
Net cash provided by operating activities | 256.91M |
Cash Flows from Investing Activities | |
Capital expenditures | -117.33M |
Net cash effect upon change in controlling interest of Borgata | |
Decrease in restricted investments | |
Other investing activities | 2.72M |
Net cash used in investing activities | -486.93M |
Cash Flows from Financing Activities | |
Payments on retirements of long-term debt | |
Borrowings under bank credit facility | 1.62B |
Payments under bank credit facility | -1.29B |
Borrowings under Borgata bank credit facility | |
Payments under Borgata bank credit facility | |
Debt financing costs, net | |
Payments under note payable | |
Proceeds from variable interest entity's issuance of debt | |
Payments on loans to variable interest entity's members | |
Noncontrolling interest distributions by Borgata | |
Other financing activities | 0 |
Net cash used in financing activities | -336.59M |
Increase in cash and cash equivalents | 867K |
Cash and cash equivalents, beginning of period | 158.82M |
Cash and cash equivalents, end of period | 159.69M |
Supplemental Disclosure of Cash Flow Information | |
Cash paid for interest | 147M |
Cash paid (received) for income taxes, net | 31.7M |
Supplemental Schedule of Noncash Investing and Financing Activities | |
Payables incurred for capital expenditures | 4.21M |
Fair value adjustment on derivative instruments | |
Assets and Liabilities Recorded at Fair Value (net of Cash Received) Due to Change in Controlling Interest of Borgata | |
Accounts receivable, net | |
Inventories | |
Prepaid expenses and other current assets | |
Deferred income taxes | |
Property and equipment, net | |
Intangibles | |
Indefinite lived intangibles | |
Other assets, net | |
Fair value of assets | |
Current maturities of long-term debt | |
Accounts payable | |
Income taxes payable | |
Accrued liabilities | |
Other long-term liabilities | |
Fair value of liabilities |