WYNN RESORTS LTD
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 4, 2024
WYNN$83.11+4.8%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets - September 30, 2024 (unaudited) and December 31, 2023
CONDENSED CONSOLIDATED BALANCE SHEETS
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,407,289 | $2,879,186 |
| Restricted cash | 1,205,930 | 18 |
| Investments | — | 845,192 |
| Accounts receivable, net of allowance for credit losses of $39,186 and $40,075, respectively | 388,858 | 341,712 |
| Inventories | 75,479 | 75,552 |
| Prepaid expenses and other | 113,117 | 99,961 |
| Total current assets | 4,190,673 | 4,241,621 |
| Property and equipment, net | 6,517,830 | 6,688,479 |
| Restricted cash | 95,494 | 90,208 |
| Goodwill and intangible assets, net | 280,386 | 329,708 |
| Operating lease assets | 1,803,441 | 1,832,896 |
| Deferred income taxes, net | 463,098 | 500,877 |
| Other assets | 760,477 | 312,434 |
| Total assets | $14,111,399 | $13,996,223 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | ||
| Current liabilities: | ||
| Accounts and construction payables | $212,989 | $208,263 |
| Customer deposits | 538,136 | 543,288 |
| Gaming taxes payable | 157,134 | 172,832 |
| Accrued compensation and benefits | 185,210 | 212,645 |
| Accrued interest | 124,325 | 141,902 |
| Current portion of long-term debt | 1,239,054 | 709,593 |
| Other accrued liabilities | 286,457 | 211,931 |
| Total current liabilities | 2,743,305 | 2,200,454 |
| Long-term debt | 10,547,508 | 11,028,744 |
| Long-term operating lease liabilities | 1,620,415 | 1,631,749 |
| Other long-term liabilities | 265,649 | 236,210 |
| Total liabilities | 15,176,877 | 15,097,157 |
| Commitments and contingencies (Note 15) | ||
| 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; 133,532,047 and 132,998,916 shares issued; 109,922,076 and 111,737,245 shares outstanding, respectively | 1,335 | 1,330 |
| Treasury stock, at cost; 23,609,971 and 21,261,671 shares, respectively | (2,037,046) | (1,836,326) |
| Additional paid-in capital | 3,685,242 | 3,647,161 |
| Accumulated other comprehensive income (loss) | (4,409) | 3,406 |
| Accumulated deficit | (1,926,524) | (2,066,953) |
| Total Wynn Resorts, Limited stockholders' deficit | (281,402) | (251,382) |
| Noncontrolling interests | (784,076) | (849,552) |
| Total stockholders' deficit | (1,065,478) | (1,100,934) |
| Total liabilities and stockholders' deficit | $14,111,399 | $13,996,223 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.