Net revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,066,436 $ 1,072,525 $1,036,396 $ 1,062,747 $ 4,238,104 $ 951,874 $ 974,117 $ 976,842 $ 959,910 $ 3,862,743
Operating income. . . . . . . . . . . . . . . . . . . . . . . . . . . . 254,666 260,597 222,357 213,240 950,860 159,485 171,560 158,542 210,142 699,729
Income from continuing operations . . . . . . . . . . . . . . 97,140 101,663 76,167 74,886 349,856 48,776 54,456 41,375 85,666 230,273
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105,848 104,717 126,881 74,886 412,332 51,003 53,750 47,209 91,735 243,697
Basic income per share:
Income from continuing operations . . . . . . . . . . . . $ 0.68 $ 0.73 $ 0.55 $ 0.54 $ 2.51 $ 0.32 $ 0.36 $ 0.28 $ 0.60 $ 1.55
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.74 0.75 0.92 0.54 2.95 0.34 0.36 0.32 0.64 1.64
Diluted income per share:
Income from continuing operations . . . . . . . . . . . . $ 0.66 $ 0.70 $ 0.54 $ 0.52 $ 2.42 $ 0.32 $ 0.36 $ 0.27 $ 0.58 $ 1.52
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.72 0.72 0.89 0.52 2.85 0.33 0.35 0.31 0.62 1.61
Results for the fourth quarter of 2004 include a reduction of Borgata’s state tax expense, our share of which is recorded as “non-operating items from unconsolidated affiliates”. Borgata received a notice of refund of certain state
tax credits and recorded a benefit for amounts earned in 2003 and 2004. Our share of the adjustment was $12 million, or $0.05 per share, net of tax. 
Because income per share amounts are calculated using the weighted average number of common and dilutive common equivalent shar es outstanding during each quarter, the sum of the per share amounts for the four quarters
may not equal the total income per share amounts for the year.