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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 (loss) $ 279 $ (889)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 4,323 4,568
Amortization of credit facility origination fees 54 91
Stock-based compensation 195 301
Deferred income taxes (325) (163)
Changes in assets and liabilities:    
Accounts receivable 477 476
Due from State of Delaware 2,640 3,740
Inventories (63) 138
Prepaid expenses and other (730) (987)
Receivable from/payable to Dover Motorsports, Inc.   (43)
Accounts payable (204) (1,562)
Purses due horsemen (2,296) (3,448)
Accrued liabilities 1,537 (505)
Income taxes payable/receivable 236 5
Deferred revenue 277 (137)
Liability for pension benefits (163) (214)
Net cash provided by operating activities 6,237 1,371
Investing activities:    
Capital expenditures (915) (521)
Purchase of available-for-sale securities (3) (15)
Proceeds from sale of available-for-sale securities 1 14
Net cash used in investing activities (917) (522)
Financing activities:    
Borrowings from revolving line of credit 36,450 58,510
Repayments of revolving line of credit (40,560) (61,840)
Repurchase of common stock (65) (104)
Net cash used in financing activities (4,175) (3,434)
Net increase (decrease) in cash 1,145 (2,585)
Cash, beginning of period 10,079 12,950
Cash, end of period 11,224 10,365
Supplemental information:    
Interest paid 645 837
Income tax payments $ 572 $ 26