2020 Q2 Form 10-Q Financial Statement

#000159089520000007 Filed on August 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q2
Revenue $127.0M $473.0M $637.1M
YoY Change -80.07% -25.61% 39.47%
Cost Of Revenue $93.70M $260.3M $319.6M
YoY Change -70.68% -19.24% 28.35%
Gross Profit $33.30M $212.7M $317.5M
YoY Change -89.51% -32.15% 52.72%
Gross Profit Margin 26.22% 44.97% 49.83%
Selling, General & Admin $48.40M $116.6M $149.5M
YoY Change -67.63% -23.39% 56.38%
% of Gross Profit 145.35% 54.82% 47.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $49.00M $50.00M $56.50M
YoY Change -13.27% -13.49% 77.12%
% of Gross Profit 147.15% 23.51% 17.8%
Operating Expenses $96.70M $167.0M $206.1M
YoY Change -53.08% -20.48% 61.77%
Operating Profit -$79.00M -$123.0M $102.6M
YoY Change -177.04% -199.51% 32.47%
Interest Expense $68.00M $67.00M $71.80M
YoY Change -5.29% -8.86% 128.62%
% of Operating Profit 70.01%
Other Income/Expense, Net -$55.00M -$90.00M -$73.20M
YoY Change -24.86% 20.05% 133.07%
Pretax Income -$134.0M -$213.0M $29.35M
YoY Change -556.5% -537.97% -36.2%
Income Tax -$34.00M -$37.00M $10.42M
% Of Pretax Income 35.49%
Net Earnings -$100.0M -$176.0M $18.94M
YoY Change -628.09% -560.38% -48.54%
Net Earnings / Revenue -78.74% -37.21% 2.97%
Basic Earnings Per Share -$1.25 -$2.25 $0.24
Diluted Earnings Per Share -$1.25 -$2.25 $0.24
COMMON SHARES
Basic Shares Outstanding 80.00M shares 78.00M shares 77.68M shares
Diluted Shares Outstanding 80.00M shares 78.00M shares 78.73M shares

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $987.0M $703.0M $206.0M
YoY Change 379.13% 200.43% -5.94%
Cash & Equivalents $950.0M $672.0M $183.1M
Short-Term Investments $36.00M $31.00M $23.00M
Other Short-Term Assets $486.0M $478.0M $414.0M
YoY Change 17.39% 738.6% 75.42%
Inventory $17.37M $17.00M $19.02M
Prepaid Expenses $33.10M $27.74M $40.34M
Receivables $44.31M $44.00M $60.06M
Other Receivables $1.000M $0.00 $3.000M
Total Short-Term Assets $1.535B $1.242B $702.6M
YoY Change 118.42% 224.39% 39.03%
LONG-TERM ASSETS
Property, Plant & Equipment $2.419B $2.455B $2.714B
YoY Change -10.87% -22.1% 93.83%
Goodwill $810.2M $810.2M $967.4M
YoY Change -16.25% 34.5%
Intangibles $1.056B $1.063B $1.219B
YoY Change -13.36% 33.13%
Long-Term Investments $135.0M $136.0M $131.0M
YoY Change 3.05% 3.03%
Other Assets $65.92M $54.00M $347.4M
YoY Change -81.03% -35.71% 671.4%
Total Long-Term Assets $4.614B $4.649B $5.379B
YoY Change -14.23% -11.58% 73.85%
TOTAL ASSETS
Total Short-Term Assets $1.535B $1.242B $702.6M
Total Long-Term Assets $4.614B $4.649B $5.379B
Total Assets $6.148B $5.891B $6.082B
YoY Change 1.09% 4.44% 68.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.08M $47.00M $56.41M
YoY Change -28.95% -47.78% 94.87%
Accrued Expenses $279.0M $302.0M $295.0M
YoY Change -5.42% 1.0% 62.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $111.0K $246.1M $329.0K
YoY Change -66.26% -32.3%
Total Short-Term Liabilities $476.0M $771.0M $383.2M
YoY Change 24.2% 98.2% 76.05%
LONG-TERM LIABILITIES
Long-Term Debt $2.671B $2.781B $3.018B
YoY Change -11.52% -30.83% 37.78%
Other Long-Term Liabilities $166.5M $168.6M $437.5M
YoY Change -61.95% -61.52% 2333.67%
Total Long-Term Liabilities $2.837B $2.949B $3.456B
YoY Change -17.9% -33.84% 56.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $476.0M $771.0M $383.2M
Total Long-Term Liabilities $2.837B $2.949B $3.456B
Total Liabilities $4.532B $4.951B $4.996B
YoY Change -9.3% -1.98% 91.95%
SHAREHOLDERS EQUITY
Retained Earnings $90.83M $190.8M $342.6M
YoY Change -73.49% 35.63%
Common Stock $1.534B $758.1M $752.0M
YoY Change 104.03% 1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.131M $9.131M $9.131M
YoY Change 0.0% 0.0%
Treasury Stock Shares 223.8K shares $223.8K $223.8K
Shareholders Equity $1.616B $940.2M $1.086B
YoY Change
Total Liabilities & Shareholders Equity $6.148B $5.891B $6.082B
YoY Change 1.09% -3.66% 68.96%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q2
OPERATING ACTIVITIES
Net Income -$100.0M -$176.0M $18.94M
YoY Change -628.09% -560.38% -48.54%
Depreciation, Depletion And Amortization $49.00M $50.00M $56.50M
YoY Change -13.27% -13.49% 77.12%
Cash From Operating Activities -$111.0M $30.52M $62.50M
YoY Change -277.6% -53.36% -11.35%
INVESTING ACTIVITIES
Capital Expenditures -$17.80M $23.00M -$58.70M
YoY Change -69.68% -40.04% 73.16%
Acquisitions
YoY Change
Other Investing Activities -$10.50M $10.10M $4.700M
YoY Change -323.4% -93.98% -132.64%
Cash From Investing Activities -$28.30M -$13.00M -$54.00M
YoY Change -47.59% -110.04% 12.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 415.0M $448.0M -43.40M
YoY Change -1056.22% -313.51% 1786.96%
NET CHANGE
Cash From Operating Activities -111.0M 30.52M 62.50M
Cash From Investing Activities -28.30M -$13.00M -54.00M
Cash From Financing Activities 415.0M $448.0M -43.40M
Net Change In Cash 275.7M $465.0M -34.90M
YoY Change -889.97% -3224.79% -274.5%
FREE CASH FLOW
Cash From Operating Activities -$111.0M $30.52M $62.50M
Capital Expenditures -$17.80M $23.00M -$58.70M
Free Cash Flow -$93.20M $7.524M $121.2M
YoY Change -176.9% -72.22% 16.09%

Facts In Submission

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IncomeTaxExpenseBenefit
10418000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-70833000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20823000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-99996000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
18936000 USD
us-gaap Net Income Loss
NetIncomeLoss
-275634000 USD
us-gaap Net Income Loss
NetIncomeLoss
57165000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.25
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.25
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80053676 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77682759 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79009373 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77625303 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80053676 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78725289 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79009373 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78657552 shares
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-99996000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
18936000 USD
us-gaap Net Income Loss
NetIncomeLoss
-275634000 USD
us-gaap Net Income Loss
NetIncomeLoss
57165000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-99996000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18936000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-275634000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
57165000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1117257000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
5742000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-175638000 USD
CY2020Q1 eri Shares Withheld Related To Settlement Of Stock Awards Value
SharesWithheldRelatedToSettlementOfStockAwardsValue
7152000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
940209000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
4229000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
772392000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-99996000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
62000 USD
CY2020Q2 eri Shares Withheld Related To Settlement Of Stock Awards Value
SharesWithheldRelatedToSettlementOfStockAwardsValue
447000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1616449000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1029153000 USD
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-4744000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
4948000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
38229000 USD
CY2019Q1 eri Shares Withheld Related To Settlement Of Stock Awards Value
SharesWithheldRelatedToSettlementOfStockAwardsValue
4322000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1063264000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
6509000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
18936000 USD
CY2019Q2 eri Shares Withheld Related To Settlement Of Stock Awards Value
SharesWithheldRelatedToSettlementOfStockAwardsValue
3190000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1085519000 USD
us-gaap Profit Loss
ProfitLoss
-275634000 USD
us-gaap Profit Loss
ProfitLoss
57165000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
99372000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
114290000 USD
eri Amortization Of Financing Costs And Discounts Includes Loss On Early Retirement Of Debt
AmortizationOfFinancingCostsAndDiscountsIncludesLossOnEarlyRetirementOfDebt
8497000 USD
eri Amortization Of Financing Costs And Discounts Includes Loss On Early Retirement Of Debt
AmortizationOfFinancingCostsAndDiscountsIncludesLossOnEarlyRetirementOfDebt
9186000 USD
eri Contract With Customer
ContractWithCustomer
3752000 USD
eri Contract With Customer
ContractWithCustomer
3182000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1702000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-617000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-158000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1699000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1332000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-10202000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2858000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9971000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11457000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1393000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
21952000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
160758000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
958000 USD
eri Deferred Income Tax Expense Benefit Net
DeferredIncomeTaxExpenseBenefitNet
-52293000 USD
eri Deferred Income Tax Expense Benefit Net
DeferredIncomeTaxExpenseBenefitNet
-6671000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1513000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-631000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10633000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3347000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1291000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6391000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3786000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-8636000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-38312000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-29756000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-80463000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
127858000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41014000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
97114000 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
116000 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
0 USD
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
0 USD
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
4985000 USD
eri Deposits And Proceeds From Sale Of Businesses Property And Equipment Net
DepositsAndProceedsFromSaleOfBusinessesPropertyAndEquipmentNet
543000 USD
eri Deposits And Proceeds From Sale Of Businesses Property And Equipment Net
DepositsAndProceedsFromSaleOfBusinessesPropertyAndEquipmentNet
167609000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
812000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41399000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
75480000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
465000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
357000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
245000000 USD
eri Payments Of Term Loan
PaymentsOfTermLoan
10000000 USD
eri Payments Of Term Loan
PaymentsOfTermLoan
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
449000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
772392000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
62000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-49866000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7599000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7512000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
144000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
243000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
862711000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-253204000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
740849000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
216578000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
246691000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
957427000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
196825000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
950483000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
183139000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3017000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
7258000 USD
CY2020Q2 eri Restricted And Escrow Cash Included In Other Noncurrent
RestrictedAndEscrowCashIncludedInOtherNoncurrent
3927000 USD
CY2019Q2 eri Restricted And Escrow Cash Included In Other Noncurrent
RestrictedAndEscrowCashIncludedInOtherNoncurrent
6428000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
957427000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
196825000 USD
us-gaap Interest Paid Net
InterestPaidNet
126485000 USD
us-gaap Interest Paid Net
InterestPaidNet
134083000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-17352000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
38210000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4129000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14525000 USD
CY2020Q2 eri Number Of Gaming Facilities
NumberOfGamingFacilities
23 Facility
CY2020Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
11 State
CY2020Q2 eri Number Of Slot Machines And Video Lottery Terminals
NumberOfSlotMachinesAndVideoLotteryTerminals
23900 property
CY2020Q2 eri Number Of Table Games
NumberOfTableGames
660 Game
CY2020Q2 eri Number Of Rooms In Hotel
NumberOfRoomsInHotel
11300 Hotel
CY2020Q2 us-gaap Lease Cost
LeaseCost
33950000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify;margin-top:9pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Reclassifications</span></div><div style="text-indent:36pt;text-align:justify;margin-top:9pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Certain reclassifications of prior year presentations have been made to conform to the current period presentation.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 u_eriRegionorSegment
eri Number Of Geographic Region
NumberOfGeographicRegion
5 u_eriRegionorSegment
CY2020Q2 eri Percentage Of Furloughed Employees
PercentageOfFurloughedEmployees
0.90
CY2020Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
12700000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
22000000.0 USD
CY2019Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4500000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4500000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
42784000 USD
us-gaap Lease Cost
LeaseCost
76112000 USD
us-gaap Lease Cost
LeaseCost
85764000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
10411000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
13698000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
44527000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
43862000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
126470000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
637121000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
599539000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1272944000 USD
CY2020Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
39.00
CY2020Q2 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
772400000 USD
CY2020Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
34900000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4300000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6500000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10000000.0 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11500000 USD
eri Increase Decrease In Excess Tax Benefit From Share Based Compensation
IncreaseDecreaseInExcessTaxBenefitFromShareBasedCompensation
2800000 USD
CY2019Q2 eri Increase Decrease In Excess Tax Benefit From Share Based Compensation
IncreaseDecreaseInExcessTaxBenefitFromShareBasedCompensation
1300000 USD
eri Increase Decrease In Excess Tax Benefit From Share Based Compensation
IncreaseDecreaseInExcessTaxBenefitFromShareBasedCompensation
1300000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
15300 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
120656 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
115857 shares
CY2020Q2 us-gaap Goodwill
Goodwill
810187000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
909717000 USD
eri Indefinite Lived Intangible Assets Useful Life
IndefiniteLivedIntangibleAssetsUsefulLife
Indefinite
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1116372000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1159475000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1056429000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1111398000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
921408000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
11691000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
909717000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
99530000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
99530000 USD
eri Goodwill Assets Held For Sale
GoodwillAssetsHeldForSale
5000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
5000 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
921403000 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
111216000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
810187000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
99500000 USD
CY2020Q2 eri Lease Agreement Non Escalating Portion Base Rent
LeaseAgreementNonEscalatingPortionBaseRent
23500000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
99530000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
20190000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
23228000 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
17810000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
160758000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-33700000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-70800000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20800000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q2 eri Failed Sale Leaseback Transaction Lease Term
FailedSaleLeasebackTransactionLeaseTerm
P35Y
CY2020Q2 eri Failed Sale Leaseback Transaction Imputed Interest Rate
FailedSaleLeasebackTransactionImputedInterestRate
0.102
CY2020Q2 eri Master Lease Term
MasterLeaseTerm
P5Y
CY2020Q2 eri Percentage Of Master Lease Transaction Annual Escalator
PercentageOfMasterLeaseTransactionAnnualEscalator
0.02
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions Remainder Of Fiscal Year
MinimumLeasePaymentsFailedSaleLeasebackTransactionsRemainderOfFiscalYear
44736000 USD
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions Within Two Years
MinimumLeasePaymentsFailedSaleLeasebackTransactionsWithinTwoYears
90417000 USD
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions Within Three Years
MinimumLeasePaymentsFailedSaleLeasebackTransactionsWithinThreeYears
91691000 USD
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions Within Four Years
MinimumLeasePaymentsFailedSaleLeasebackTransactionsWithinFourYears
92990000 USD
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions Within Five Years
MinimumLeasePaymentsFailedSaleLeasebackTransactionsWithinFiveYears
94315000 USD
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions Thereafter
MinimumLeasePaymentsFailedSaleLeasebackTransactionsThereafter
3412359000 USD
CY2020Q2 eri Minimum Lease Payments Failed Sale Leaseback Transactions
MinimumLeasePaymentsFailedSaleLeasebackTransactions
3826508000 USD
eri Failed Sale Leaseback Transaction Imputed Interest Rate
FailedSaleLeasebackTransactionImputedInterestRate
0.102
CY2020Q2 eri Interest Portion Of Minimum Lease Payments Failed Sale Leaseback Transactions
InterestPortionOfMinimumLeasePaymentsFailedSaleLeasebackTransactions
3270816000 USD
CY2020Q2 eri Failed Sale Lease Back Transaction Residual Values
FailedSaleLeaseBackTransactionResidualValues
420100000 USD
CY2020Q2 eri Present Value Of Future Minimum Lease Payments Failed Sale Leaseback Transactions
PresentValueOfFutureMinimumLeasePaymentsFailedSaleLeasebackTransactions
975792000 USD
CY2020Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
2410000 USD
CY2019Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
2554000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
111000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
246175000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2670739000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2324541000 USD
CY2020Q2 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1600000 USD
CY2019Q2 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1900000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3200000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3800000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
246100000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
200000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
200000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
483100000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
488900000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1500000000 USD
CY2020Q2 eri Fair Value Assets Level1 To Level3 Transfers Amount
FairValueAssetsLevel1ToLevel3TransfersAmount
0 USD
CY2020Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2020Q2 eri Fair Value Assets Level3 To Level2 Transfers Amount
FairValueAssetsLevel3ToLevel2TransfersAmount
0 USD
CY2020Q2 eri Fair Value Assets Level2 To Level3 Transfers Amount
FairValueAssetsLevel2ToLevel3TransfersAmount
0 USD
CY2020Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2020Q2 eri Fair Value Assets Level3 To Level1 Transfers Amount
FairValueAssetsLevel3ToLevel1TransfersAmount
0 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-99996000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
18936000 USD
us-gaap Net Income Loss
NetIncomeLoss
-275634000 USD
us-gaap Net Income Loss
NetIncomeLoss
57165000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
99372000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
114290000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-78327000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80053676 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77682759 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79009373 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77625303 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80053676 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78725289 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79009373 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78657552 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.25
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.25
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
us-gaap Operating Income Loss
OperatingIncomeLoss
-201507000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-201507000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
226154000 USD
eri Number Of Geographic Region
NumberOfGeographicRegion
5 u_eriRegionorSegment
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-78327000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
102550000 USD
CY2020Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 u_eriRegionorSegment
CY2020Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
126470000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
637121000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
599539000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1272944000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
48939000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
56533000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
102550000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
226154000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
68136000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
71798000 USD
us-gaap Interest Expense
InterestExpense
134600000 USD
us-gaap Interest Expense
InterestExpense
145308000 USD
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-158000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
12806000 USD
CY2019Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-1398000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-10202000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2858000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-33661000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10418000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-70833000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20823000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-99996000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
18936000 USD
us-gaap Net Income Loss
NetIncomeLoss
-275634000 USD
us-gaap Net Income Loss
NetIncomeLoss
57165000 USD
eri Capital Expenditures Net
CapitalExpendituresNet
41014000 USD
eri Capital Expenditures Net
CapitalExpendituresNet
97114000 USD
CY2020Q2 us-gaap Assets
Assets
6148447000 USD
CY2019Q4 us-gaap Assets
Assets
5640553000 USD

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