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Selected Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Apr. 27, 2014
Selected Quarterly Financial Information (unaudited)  
Schedule of selected quarterly financial information

 

 

 
  July 28,
2013
  October 27,
2013
  January 26,
2014
  April 27,
2014
 

Net revenues

  $ 238,013   $ 231,621   $ 224,190   $ 260,776  

Operating income

    18,097     22,611     17,947     (126,220 )

Income (loss) from continuing operations

    (5,648 )   6,311     9,391     (139,720 )

Income (loss) from discontinued operations, net of income taxes

    786     1,726     1,266     (1,798 )

Net income (loss)

    (4,862 )   8,037     10,657     (141,518 )

Earnings (loss) per common share basic:

                         

Income (loss) from continuing operations

  $ (0.14 ) $ 0.16   $ 0.24   $ (3.51 )

Income (loss) from discontinued operations, net of income taxes

    0.02     0.04     0.03     (0.04 )
                   

Net income (loss)

  $ (0.12 ) $ 0.20   $ 0.27   $ (3.55 )
                   
                   

Earnings (loss) per common share diluted:

                         

Income (loss) from continuing operations

  $ (0.14 ) $ 0.16   $ 0.24   $ (3.51 )

Income (loss) from discontinued operations, net of income taxes

    0.02     0.04     0.03     (0.04 )
                   

Net income (loss)

  $ (0.12 ) $ 0.20   $ 0.27   $ (3.55 )
                   
                   

Weighted average basic shares

    39,582,928     39,686,217     39,828,740     39,829,177  

Weighted average dilutive shares

    39,582,928     39,731,193     39,911,715     39,829,177  


 

 
  Fiscal Quarters Ended  
 
  July 29,
2012
  October 28,
2012
  January 27,
2013
  April 28,
2013
 

Net revenues

  $ 225,177   $ 212,817   $ 228,017   $ 257,394  

Operating income

    24,583     14,589     18,931     (15,642 )

Income (loss) from continuing operations

    3,147     (5,904 )   (2,450 )   (47,260 )

Income (loss) from discontinued operations, net of income taxes

    3,514     (749 )   264     1,869  

Net income (loss)

    6,661     (6,653 )   (2,186 )   (45,391 )

Earnings (loss) per common share basic:

                         

Income (loss) from continuing operations

  $ 0.08   $ (0.15 ) $ (0.06 ) $ (1.20 )

Income (loss) from discontinued operations, net of income taxes

    0.09     (0.02 )       0.05  
                   

Net income (loss)

  $ 0.17   $ (0.17 ) $ (0.06 ) $ (1.15 )
                   
                   

Earnings (loss) per common share diluted:

                         

Income (loss) from continuing operations

  $ 0.08   $ (0.15 ) $ (0.06 ) $ (1.20 )

Income (loss) from discontinued operations, net of income taxes

    0.09     (0.02 )       0.05  
                   

Net income (loss)

  $ 0.17   $ (0.17 ) $ (0.06 ) $ (1.15 )
                   
                   

Weighted average basic shares

    39,018,281     39,336,134     39,488,480     39,518,406  

Weighted average dilutive shares

    39,035,280     39,336,134     39,488,480     39,518,406  

        A summary of certain revenues and expenses from our continuing operations impacting our quarterly financial results is as follows:

  • (1)
    During the second quarter of fiscal 2014, we recorded litigation accrual recoveries of $7,351 in operating income and a reduction to interest expense of $7,379 related to the favorable outcome of our Greece gaming license legal proceedings.

    (2)
    During the third quarter of fiscal 2014, we recorded litigation accrual recoveries of $1,979 in operating income and a reduction to interest expense of $244 related to the favorable outcome of our Silver Land legal proceedings.

    (3)
    During the fourth quarter of fiscal 2014, we recorded goodwill impairment charges of $133,825. The charges consist of $60,000 at our Bettendorf property, $24,238 at our Lake Charles property, $36,000 at our Lula property, $8,587 at our Natchez property, and $5,000 at our Vicksburg property. We also recorded impairment charges of $28,275 related to the long-lived assets at our Nemacolin and Natchez properties.

    (4)
    During the fourth quarter of fiscal 2013, we recorded goodwill impairment charges of $16,000 related to our Natchez property and $34,100 related to our Lula property.