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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (27,507)$ (13,337)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation and amortization79,50685,700
Loss on disposal of assets7,0081,619
Loss from equity method investment5440
Loss on early extinguishment of debt1831,852
Impairment of indefinite-lived intangible assets011,500
Impairment of buildings, riverboats, and equipment8,9014,994
Impairment of land and development costs17,60823,164
Amortization of debt issuance costs5,6522,535
Share-based compensation expense5,3804,803
Changes in operating assets and liabilities:  
Receivables, net864(335)
Prepaid expenses and other2,775(5,174)
Other long-term assets1,475(6,333)
Accounts payable(3,447)(16,736)
Accrued interest4,9547,000
Accrued taxes13,7597,769
Other accrued liabilities1,544(2,468)
Other long-term liabilities(1,100)(18,264)
Net cash provided by operating activities118,09988,289
Cash flows from investing activities:  
Capital expenditures(110,791)(123,509)
Purchase of River Downs racetrack(45,216)0
Equity method investment, inclusive of capitalized interest(96,135)0
Change in restricted cash20816
Proceeds from sale of property and equipment1,09014,352
Baton Rouge escrow deposit0(25,000)
Net proceeds from sale of discontinued operations035,480
Net cash used in investing activities(251,032)(97,861)
Cash flows from financing activities:  
Proceeds from credit facility63,000165,379
Repayments under credit facility(31,000)(202,298)
Proceeds from issuance of 8.75% Notes0350,000
Repayment of 8.25% Notes0(200,000)
Payment of 7.50% Notes(10,000)0
Payments on other secured and unsecured notes payable(71)(9)
Proceeds from common stock options exercised3,5139,627
Proceeds from issuance of common stock01,068
Debt issuance and other financing costs(2,827)(14,396)
Net cash provided by financing activities22,615109,371
Effect of exchange rate changes on cash and cash equivalents0(379)
Increase (decrease) in cash and cash equivalents(110,318)99,420
Cash and cash equivalents at the beginning of the period195,387129,576
Cash and cash equivalents at the end of the period85,069228,996
Supplemental Cash Flow Information:  
Cash paid for interest, net of amounts capitalized65,56363,940
Cash payments (refunds) related to income taxes, net(2,902)3,929
Increase (decrease) in construction related deposits and liabilities$ 6,659$ (26,960)