10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000750004-17-000072 |
| Period End Date | 20170331 |
| Filing Date | 20170501 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | sgms-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Class A common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Class A common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Class A common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
199.30M | shares | Point-in-time |
| Class A common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
199.30M | shares | Point-in-time |
| Class A common stock, shares issued (in shares) |
CommonStockSharesIssued
|
105.90M | shares | Point-in-time |
| Class A common stock, shares issued (in shares) |
CommonStockSharesIssued
|
105.20M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$131.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$115.10M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$27.10M | USD | Point-in-time |
| Class A common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
88.00M | shares | Point-in-time |
| Class A common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
88.70M | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$24.70M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$463.50M | USD | Point-in-time |
| Treasury stock, at cost, shares held (in shares) |
TreasuryStockShares
|
17.20M | shares | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$495.00M | USD | Point-in-time |
| Treasury stock, at cost, shares held (in shares) |
TreasuryStockShares
|
17.20M | shares | Point-in-time |
| Notes receivable, net |
NotesAndLoansReceivableNetCurrent
|
$131.00M | USD | Point-in-time |
| Notes receivable, net |
NotesAndLoansReceivableNetCurrent
|
$125.40M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$242.30M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$253.50M | USD | Point-in-time |
| Prepaid expenses, deposits and other current assets |
PrepaidExpensesDepositsAndOtherCurrentAssets
|
$113.20M | USD | Point-in-time |
| Prepaid expenses, deposits and other current assets |
PrepaidExpensesDepositsAndOtherCurrentAssets
|
$114.10M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.12B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.12B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsNoncurrent
|
$17.10M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsNoncurrent
|
$16.80M | USD | Point-in-time |
| Notes receivable, net |
NotesAndLoansReceivableNetNoncurrent
|
$48.70M | USD | Point-in-time |
| Notes receivable, net |
NotesAndLoansReceivableNetNoncurrent
|
$48.10M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$612.20M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$584.70M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.91B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.89B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.76B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.77B | USD | Point-in-time |
| Software, net |
CapitalizedComputerSoftwareNet
|
$409.10M | USD | Point-in-time |
| Software, net |
CapitalizedComputerSoftwareNet
|
$395.50M | USD | Point-in-time |
| Equity investments |
EquityMethodInvestments
|
$179.90M | USD | Point-in-time |
| Equity investments |
EquityMethodInvestments
|
$187.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$52.30M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$47.70M | USD | Point-in-time |
| Total assets |
Assets
|
$7.09B | USD | Point-in-time |
| Total assets |
Assets
|
$7.07B | USD | Point-in-time |
| Current portion of long-term debt |
DebtCurrent
|
$49.30M | USD | Point-in-time |
| Current portion of long-term debt |
DebtCurrent
|
$39.30M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$182.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$188.90M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$463.30M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$454.20M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$692.40M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$685.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$70.20M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$75.60M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$235.60M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$238.90M | USD | Point-in-time |
| Long-term debt, excluding current portion |
LongTermDebtAndCapitalLeaseObligations
|
$8.07B | USD | Point-in-time |
| Long-term debt, excluding current portion |
LongTermDebtAndCapitalLeaseObligations
|
$8.02B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.07B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.02B | USD | Point-in-time |
| Commitments and contingencies (see Note 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (see Note 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Class A common stock, par value $0.01 per share: 199.3 shares authorized; 105.9 and 105.2 shares issued and 88.7 and 88.0 shares outstanding, respectively |
CommonStockValueOutstanding
|
$1.00M | USD | Point-in-time |
| Class A common stock, par value $0.01 per share: 199.3 shares authorized; 105.9 and 105.2 shares issued and 88.7 and 88.0 shares outstanding, respectively |
CommonStockValueOutstanding
|
$1.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$790.80M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$796.00M | USD | Point-in-time |
| Accumulated loss |
RetainedEarningsAccumulatedDeficit
|
$-2.22B | USD | Point-in-time |
| Accumulated loss |
RetainedEarningsAccumulatedDeficit
|
$-2.32B | USD | Point-in-time |
| Treasury stock, at cost, 17.2 shares |
TreasuryStockValue
|
$175.20M | USD | Point-in-time |
| Treasury stock, at cost, 17.2 shares |
TreasuryStockValue
|
$175.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-333.60M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-297.50M | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-1.94B | USD | Point-in-time |
| Total stockholders' deficit |
StockholdersEquity
|
$-2.00B | USD | Point-in-time |
| Total liabilities and stockholders' (deficit) equity |
LiabilitiesAndStockholdersEquity
|
$7.07B | USD | Point-in-time |
| Total liabilities and stockholders' (deficit) equity |
LiabilitiesAndStockholdersEquity
|
$7.09B | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Services |
SalesRevenueServicesNet
|
$350.30M | USD | 1 Quarter |
| Services |
SalesRevenueServicesNet
|
$362.50M | USD | 1 Quarter |
| Product sales |
SalesRevenueGoodsNet
|
$197.60M | USD | 1 Quarter |
| Product sales |
SalesRevenueGoodsNet
|
$222.70M | USD | 1 Quarter |
| Instant games |
InstantTicketRevenue
|
$134.10M | USD | 1 Quarter |
| Instant games |
InstantTicketRevenue
|
$140.20M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$725.40M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$682.00M | USD | 1 Quarter |
| Cost of services |
CostOfServices
|
$94.90M | USD | 1 Quarter |
| Cost of services |
CostOfServices
|
$103.30M | USD | 1 Quarter |
| Cost of product sales |
CostOfGoodsSold
|
$106.60M | USD | 1 Quarter |
| Cost of product sales |
CostOfGoodsSold
|
$94.40M | USD | 1 Quarter |
| Cost of instant games |
CostsOfInstantTicket
|
$67.00M | USD | 1 Quarter |
| Cost of instant games |
CostsOfInstantTicket
|
$70.10M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$142.30M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$140.70M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$49.80M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$42.40M | USD | 1 Quarter |
| Depreciation, amortization and impairments |
DepreciationDepletionAndAmortization
|
$165.10M | USD | 1 Quarter |
| Depreciation, amortization and impairments |
DepreciationDepletionAndAmortization
|
$180.60M | USD | 1 Quarter |
| Restructuring and other |
RestructuringCharges
|
$9.20M | USD | 1 Quarter |
| Restructuring and other |
RestructuringCharges
|
$2.70M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$50.30M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$88.00M | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNet
|
$-165.70M | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNet
|
$-159.40M | USD | 1 Quarter |
| Earnings from equity investments |
IncomeLossFromEquityMethodInvestments
|
$9.50M | USD | 1 Quarter |
| Earnings from equity investments |
IncomeLossFromEquityMethodInvestments
|
$3.20M | USD | 1 Quarter |
| Loss on extinguishment and modification of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment and modification of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-29.70M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$7.50M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$700.00K | USD | 1 Quarter |
| Total other expense, net |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$-161.80M | USD | 1 Quarter |
| Total other expense, net |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$-172.10M | USD | 1 Quarter |
| Net loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-84.10M | USD | 1 Quarter |
| Net loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-111.50M | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$16.70M | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$-19.20M | USD | 1 Quarter |
| Net (loss) income |
IncomeLossFromContinuingOperations
|
$-92.30M | USD | 1 Quarter |
| Net (loss) income |
IncomeLossFromContinuingOperations
|
$-100.80M | USD | 1 Quarter |
| Foreign currency translation gain (loss) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.60M | USD | 1 Quarter |
| Foreign currency translation gain (loss) |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$33.60M | USD | 1 Quarter |
| Pension and post-retirement (loss) gain, net of tax |
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
$200.00K | USD | 1 Quarter |
| Pension and post-retirement (loss) gain, net of tax |
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
$-300.00K | USD | 1 Quarter |
| Derivative financial instruments unrealized gain (loss), net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$2.80M | USD | 1 Quarter |
| Derivative financial instruments unrealized gain (loss), net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$36.10M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.40M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-94.70M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-64.70M | USD | 1 Quarter |
| Basic (in USD per share) |
EarningsPerShareBasic
|
$-1.14 | USD | 1 Quarter |
| Basic (in USD per share) |
EarningsPerShareBasic
|
$-1.07 | USD | 1 Quarter |
| Diluted (in USD per share) |
EarningsPerShareDiluted
|
$-1.14 | USD | 1 Quarter |
| Diluted (in USD per share) |
EarningsPerShareDiluted
|
$-1.07 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
86.60M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
88.20M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
88.20M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
86.60M | shares | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$101.10M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$111.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireOtherProductiveAssets
|
$51.20M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireOtherProductiveAssets
|
$61.30M | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$21.50M | USD | 1 Quarter |
| Distributions of capital from equity investments |
ReturnOfCapitalOnEquityInvestments
|
$1.50M | USD | 1 Quarter |
| Distributions of capital from equity investments |
ReturnOfCapitalOnEquityInvestments
|
$1.30M | USD | 1 Quarter |
| Changes in other assets and liabilities and other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.50M | USD | 1 Quarter |
| Changes in other assets and liabilities and other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-48.20M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-79.50M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
$95.00M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
$125.00M | USD | 1 Quarter |
| Repayments under revolving credit facility |
RepaymentsOfLinesOfCredit
|
$170.00M | USD | 1 Quarter |
| Repayments under revolving credit facility |
RepaymentsOfLinesOfCredit
|
$110.00M | USD | 1 Quarter |
| Proceeds from issuance of senior notes and term loans |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 1 Quarter |
| Proceeds from issuance of senior notes and term loans |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$1.76B | USD | 1 Quarter |
| Repayments of senior notes and term loans |
RepaymentsOfSeniorDebt
|
$1.69B | USD | 1 Quarter |
| Repayments of senior notes and term loans |
RepaymentsOfSeniorDebt
|
- | USD | 1 Quarter |
| Payments of debt issuance and deferred financing costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$27.20M | USD | 1 Quarter |
| Payments of debt issuance and deferred financing costs |
PaymentOfFinancingAndStockIssuanceCosts
|
- | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfDebtAndCapitalLeaseObligationsExcludingLinesOfCreditSeniorNotesAndTermLoans
|
$12.50M | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfDebtAndCapitalLeaseObligationsExcludingLinesOfCreditSeniorNotesAndTermLoans
|
$1.50M | USD | 1 Quarter |
| Payments on license obligations |
PaymentForLicenseObligation
|
$9.80M | USD | 1 Quarter |
| Payments on license obligations |
PaymentForLicenseObligation
|
$9.60M | USD | 1 Quarter |
| Net redemptions of common stock under stock-based compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
- | USD | 1 Quarter |
| Net redemptions of common stock under stock-based compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$600.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-37.10M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-15.10M | USD | 1 Quarter |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$2.50M | USD | 1 Quarter |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.80M | USD | 1 Quarter |
| Increase (decrease) in cash, cash equivalents and restricted cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$17.60M | USD | 1 Quarter |
| Increase (decrease) in cash, cash equivalents and restricted cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$18.90M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsAndShortTermInvestments
|
$166.80M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsAndShortTermInvestments
|
$184.40M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsAndShortTermInvestments
|
$156.90M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsAndShortTermInvestments
|
$175.80M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsAndShortTermInvestments
|
$166.80M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsAndShortTermInvestments
|
$184.40M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsAndShortTermInvestments
|
$156.90M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsAndShortTermInvestments
|
$175.80M | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$113.50M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
$122.30M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaidNet
|
$2.70M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaidNet
|
$5.70M | USD | 1 Quarter |
| Non-cash rollover of Term loans (see Note 10) |
NoteRollover
|
$2.75B | USD | 1 Quarter |
| Non-cash rollover of Term loans (see Note 10) |
NoteRollover
|
- | USD | 1 Quarter |
| Non-cash additions to intangible assets related to license agreements |
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
|
$28.10M | USD | 1 Quarter |
| Non-cash additions to intangible assets related to license agreements |
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
|
$86.90M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.