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Churchill Downs Inc (CHDN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   8-K10-Q10-Q10-K10-Q10-Q10-Q10-K
Net revenue:          
Total net revenue  480.1582.5364.1364.8393.0515.1324.3278.2
            Total net revenue growth  31.6%13.1%12.3%31.1%16.3%178.3%28.2%-0.9%
Operating expense:          
Operating expense          
Selling, general and administrative expense  51.538.435.938.836.133.430.229.5
Asset impairments  33.4 4.94.1 11.2  
    Total operating expense  84.9382.8316.7330.1325.4379.7277.6255.5
    Operating income  11.7199.747.434.767.6135.446.722.7
            Operating margin  2.4%34.3%13.0%9.5%17.2%26.3%14.4%8.2%
   
Other income (expense):          
Interest expense, net  -54.7-35.1-21.3-21.6-21.7-22.0-19.4-20.7
Equity in income of unconsolidated affiliates  37.340.532.540.241.736.424.914.5
Gain on Calder land sale          
Miscellaneous, net          
    Total other income (expense)  -14.8280.211.219.020.114.55.6-6.0
    Income from continuing operations before provision for income taxes   479.958.653.787.7149.952.316.7
Income tax (provision) benefit  4.1-140.6-16.5-10.4-26.3-41.6-16.2-10.9
    Income from continued operations, net of tax  1.0339.342.143.361.4108.336.116.2
    Net income (loss)     43.361.4  17.1
Net loss attributable to noncontrolling interest          
    Net income (loss) and comprehensive income (loss) attributable to Churchill Downs Incorporated  1.0339.342.143.361.4108.336.117.1
   
Net income (loss) per common share data - basic:          
Continuing operations (in dollars per share)   0.00.00.00.00.00.00.0
Discontinued operations (in dollars per share)   38.138.3  38.739.00.0
   
    Net income (loss) per common share - basic (in dollars per share)  $0.03$8.91$1.10$1.14$1.59$2.80$0.93$0.43
   
Net income (loss) per common share data - diluted:          
Continuing operations (in dollars per share)   38.638.80.00.039.339.60.0
Discontinued operations (in dollars per share)         0.0
    Net income (loss) per common share - diluted (in dollars per share)  $0.03$8.79$1.08$1.12$1.57$2.76$0.91$0.42
   
Weighted average shares outstanding:          
Basic (in shares)  37.638.138.338.638.638.739.039.6
Diluted (in shares)  38.138.638.839.239.239.339.640.1
Gain on Calder land sale          

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