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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net loss $ (15,595) $ (12,571)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 53,206 56,950
Loss on disposal of assets 5,703 1,669
Impairment of indefinite-lived intangible assets 0 11,500
Impairment of buildings, riverboats, and equipment 0 3,435
Impairment of land and development costs 14,411 18,391
Amortization of debt issuance costs 3,743 3,552
Share-based compensation expense 3,744 3,523
Change in income taxes 5,618 5,282
Changes in operating assets and liabilities:    
Receivables, net 996 751
Prepaid expenses and other (10,446) (7,976)
Other long-term assets 1,467 (7,184)
Accounts payable (4,033) (14,334)
Accrued interest 18 1,392
Other accrued liabilities (486) 4,872
Other long-term liabilities (486) (19,335)
Net cash provided by operating activities 57,860 49,917
Cash flows from investing activities:    
Capital expenditures (79,043) (93,417)
Purchase of River Downs racetrack (45,216) 0
Change in restricted cash (1) 790
Proceeds from sale of property and equipment 959 13,595
Baton Rouge escrow deposit 0 (25,000)
Net proceeds from sale of discontinued operations 0 25,094
Net cash used in investing activities (123,301) (78,938)
Cash flows from financing activities:    
Proceeds from credit facility 20,000 165,379
Repayments under credit facility (10,000) (202,298)
Proceeds from issuance of 8.75% Notes 0 350,000
Repayment of 8.25% Notes 0 (200,000)
Payments on other secured and unsecured notes payable (47) (9)
Proceeds from common stock options exercised 2,779 6,519
Proceeds from issuance of common stock 0 1,166
Debt issuance and other financing costs (100) (15,005)
Net cash provided by financing activities 12,632 105,752
Effect of exchange rate changes on cash and cash equivalents 0 (379)
Increase (decrease) in cash and cash equivalents (52,809) 76,352
Cash and cash equivalents at the beginning of the period 195,387 129,576
Cash and cash equivalents at the end of the period 142,578 205,928
Supplemental Cash Flow Information:    
Cash paid for interest, net of amounts capitalized 41,556 43,455
Cash payments related to income taxes, net 1,203 2,929
Decrease in construction related deposits and liabilities $ (2,181) $ (15,608)