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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities:    
Net earnings $ 2,890 $ 2,726
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation 2,967 1,643
Amortization of credit facility fees 48 48
Stock-based compensation 196 164
Deferred income taxes (772) (93)
Benefit for contingent obligation (102) (8)
Income from assets held for sale (1,033)  
Changes in assets and liabilities:    
Accounts receivable (1,160) (11,902)
Inventories (46) (3)
Prepaid expenses and other (132) (64)
Accounts payable 348 433
Accrued liabilities 519 1,846
Payable to/receivable from Dover Downs Gaming & Entertainment, Inc.   43
Income taxes payable/prepaid income taxes 2,006 1,351
Deferred revenue 2,759 2,292
Liability for pension benefits (36) (77)
Net cash provided by (used in) operating activities 8,452 (1,601)
Investing activities:    
Capital expenditures (1,112) (322)
Purchases of available-for-sale securities (8) (45)
Proceeds from available-for-sale securities 5 42
Non-refundable payments received related to assets held for sale 1,200  
Net cash provided by (used in) investing activities 85 (325)
Financing activities:    
Borrowings from revolving line of credit 12,640 16,540
Repayments on revolving line of credit (20,600) (14,440)
Repurchase of common stock (121) (129)
Net cash (used in) provided by financing activities (8,081) 1,971
Net increase in cash 456 45
Cash, beginning of period 24 4
Cash, end of period 480 49
Supplemental information:    
Interest paid 255 318
Income tax payments 669 $ 652
Change in accounts payable for capital expenditures $ (683)