WYNN RESORTS LTD
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
WYNN$86.70+4.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,879,186 | $3,650,440 |
| Restricted cash | 18 | 4,819 |
| Investments | 845,192 | — |
| Accounts receivable, net of allowance for credit losses of $40,075 and $78,842 | 341,712 | 216,033 |
| Inventories | 75,552 | 70,094 |
| Prepaid expenses and other | 99,961 | 88,201 |
| Total current assets | 4,241,621 | 4,029,587 |
| Property and equipment, net | 6,688,479 | 6,896,060 |
| Restricted cash | 90,208 | 127,731 |
| Goodwill and intangible assets, net | 329,708 | 245,253 |
| Operating lease assets | 1,832,896 | 1,853,164 |
| Deferred income taxes, net | 500,877 | — |
| Other assets | 312,434 | 263,305 |
| Total assets | $13,996,223 | $13,415,100 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | ||
| Current liabilities: | ||
| Accounts and construction payables | $208,263 | $197,474 |
| Customer deposits | 543,288 | 506,148 |
| Gaming taxes payable | 172,832 | 44,967 |
| Accrued compensation and benefits | 212,645 | 187,160 |
| Accrued interest | 141,902 | 135,630 |
| Current portion of long-term debt | 709,593 | 547,543 |
| Other accrued liabilities | 211,931 | 192,501 |
| Total current liabilities | 2,200,454 | 1,811,423 |
| Long-term debt | 11,028,744 | 11,569,316 |
| Long-term operating lease liabilities | 1,631,749 | 1,615,157 |
| Other long-term liabilities | 236,210 | 59,569 |
| Total liabilities | 15,097,157 | 15,055,465 |
| Commitments and contingencies (Note 18) | ||
| Stockholders' deficit: | ||
| Preferred stock, par value $0.01; 40,000,000 shares authorized; zero shares issued and outstanding | — | — |
| Common stock, par value $0.01; 400,000,000 shares authorized; 132,998,916 and 132,256,185 shares issued; 111,737,245 and 113,369,439 shares outstanding, respectively | 1,330 | 1,323 |
| Treasury stock, at cost; 21,261,671 and 18,886,746 shares, respectively | (1,836,326) | (1,623,872) |
| Additional paid-in capital | 3,647,161 | 3,583,923 |
| Accumulated other comprehensive income (loss) | 3,406 | (404) |
| Accumulated deficit | (2,066,953) | (2,711,808) |
| Total Wynn Resorts, Limited stockholders' deficit | (251,382) | (750,838) |
| Noncontrolling interests | (849,552) | (889,527) |
| Total stockholders' deficit | (1,100,934) | (1,640,365) |
| Total liabilities and stockholders' deficit | $13,996,223 | $13,415,100 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.