v3.24.1.u1
Condensed Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues:    
Total operating revenues $ 1,862,909 $ 1,423,679
Operating expenses:    
General and administrative 271,616 259,772
Provision for credit losses 87 (544)
Pre-opening 2,035 4,478
Depreciation and amortization 174,933 168,812
Property charges and other 16,948 2,458
Total operating expenses 1,499,968 1,254,164
Operating income 362,941 169,515
Other income (expense):    
Interest income 40,172 40,193
Interest expense, net of amounts capitalized (182,404) (187,740)
Change in derivatives fair value (17,914) 23,046
Loss on debt financing transactions (1,561) (12,236)
Other (4,722) (30,614)
Other income (expense), net (166,429) (167,351)
Income before income taxes 196,512 2,164
Provision for income taxes (20,014) (1,018)
Net income 176,498 1,146
Less: net (income) loss attributable to noncontrolling interests (32,282) 11,186
Net income attributable to Wynn Resorts, Limited $ 144,216 $ 12,332
Net income (loss) attributable to Wynn Resorts, Limited:    
Basic (in usd per share) $ 1.30 $ 0.11
Diluted (in usd per share) $ 1.30 $ (0.02)
Weighted average common shares outstanding:    
Basic (in shares) 111,023 112,753
Diluted (in shares) 111,333 113,116
Casino    
Operating revenues:    
Total operating revenues $ 1,121,466 $ 766,992
Operating expenses:    
Cost of goods and services sold 675,439 473,385
Rooms    
Operating revenues:    
Total operating revenues 327,414 272,529
Operating expenses:    
Cost of goods and services sold 82,077 72,702
Food and beverage    
Operating revenues:    
Total operating revenues 266,938 232,611
Operating expenses:    
Cost of goods and services sold 205,821 180,619
Entertainment, retail and other    
Operating revenues:    
Total operating revenues 147,091 151,547
Operating expenses:    
Cost of goods and services sold $ 71,012 $ 92,482