XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
Revenues:        
Other $ 351,656 $ 377,115 $ 1,071,966 $ 1,176,126
Gross revenues 14,564,377 15,535,550 43,798,999 48,622,345
Less promotional allowances 0 (1,052,821) 0 (3,117,506)
Net revenues 14,564,377 14,482,729 43,798,999 45,504,839
Expenses:        
Other 57,038 24,816 170,858 74,767
Marketing and administrative 4,396,277 4,234,480 13,265,222 12,951,058
Corporate 1,630,561 578,370 4,261,090 1,909,731
Depreciation and amortization 112,537 198,522 357,193 761,111
Loss (gain) on sale of assets 0 308 (34,356) 5,773
Total operating expenses 14,315,288 13,864,390 42,814,730 43,637,859
Operating income 249,089 618,339 984,269 1,866,980
Non-operating income (expenses):        
Interest income 8,438 10,749 25,313 37,424
Interest expense and amortization of loan issue costs (132,335) (145,280) (340,778) (469,615)
Change in swap fair value (69,892) 91,986 (60,872) 133,444
Income from continuing operations before income tax expense 55,300 575,794 607,932 1,568,233
Income tax expense (12,419) (553,899) (134,538) (847,176)
Income from continuing operations 42,881 21,895 473,394 721,057
(Loss) income from discontinued operations, net of taxes (163,594) 171,432 (106,862) 235,248
Net (loss) income $ (120,713) $ 193,327 $ 366,532 $ 956,305
Per share information:        
Income from continuing operations per common share - basic and diluted $ 0 $ 0 $ 0.03 $ 0.04
(Loss) income from discontinued operations per common share - basic and diluted (0.01) 0.01 (0.01) 0.01
Net (loss) income per common share - basic (0.01) 0.01 0.02 0.06
Net (loss) income per common share - diluted $ (0.01) $ 0.01 $ 0.02 $ 0.05
Casino [Member]        
Revenues:        
Gross revenues $ 11,547,379 $ 12,551,816 $ 35,051,766 $ 40,009,065
Expenses:        
Cost of Goods and Services Sold 5,342,905 7,012,292 16,684,984 22,704,066
Food and beverage [Member]        
Revenues:        
Gross revenues 2,665,342 2,606,619 7,675,267 7,437,154
Expenses:        
Cost of Goods and Services Sold 2,345,769 1,358,684 6,793,978 3,892,854
Facility [Member]        
Expenses:        
Cost of Goods and Services Sold $ 430,201 $ 456,918 $ 1,315,761 $ 1,338,499