XML 17 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2013
REVENUES:      
Admissions, net $ 130,154 $ 129,688 $ 129,824
Motorsports and other event related 451,838 433,738 425,530
Food, beverage and merchandise 47,282 72,880 44,046
Other 16,096 15,630 13,240
Total revenue 645,370 651,936 612,640
Direct:      
NASCAR event management fees 167,841 162,988 159,349
Motorsports and other event related 131,109 128,229 125,928
Food, beverage and merchandise 38,484 58,265 33,150
General and administrative 111,617 108,563 104,925
Depreciation and amortization 94,727 90,352 93,989
Losses on retirements of long-lived assets 16,015 10,148 16,607
Total expenses 559,793 558,545 533,948
Operating income 85,577 93,391 78,692
Interest income 157 2,107 96
Interest expense (9,582) (9,182) (15,221)
Other 730 5,380 75
Equity in net income from equity investments 14,060 8,916 9,434
Income before income taxes 90,942 100,612 73,076
Income taxes 34,308 33,233 27,784
Net income $ 56,634 $ 67,379 $ 45,292
Earnings per share:      
Basic and diluted (per share) $ 1.21 $ 1.45 $ 0.97
Dividends per share (in per share) $ 0.26 $ 0.24 $ 0.22
Basic weighted average shares outstanding (in shares) 46,621,211 46,559,232 46,470,647
Diluted weighted average shares outstanding (in shares) 46,635,830 46,573,038 46,486,561