Discontinued Operations

9 Months Ended

Jan. 27, 2013

Discontinued Operations

Discontinued Operations

3. Discontinued Operations

On November 29, 2012, we completed the sale of our Biloxi, Mississippi casino operations. The balance sheet items related to Biloxi were classified as held for sale at April 29, 2012 and the results of operations are presented as discontinued operations for all periods presented. During the nine months ended January 27, 2013, we recorded a $1,500 valuation allowance reflecting a credit against the purchase price to satisfy our obligation to repair the property after Hurricane Isaac, as required by the purchase agreement.

The results of our discontinued operations are summarized as follows:

	Discontinued Operatons
	Three Months Ended						Nine Months Ended
	January 27,			January 22,			January 27,			January 22,
	2013			2012			2013			2012
Net revenues	$	4,496		$	14,927		$	36,107		$	49,175
Pretax loss from discontinued operations	(1,184		)	(1,414		)	(1,579		)	(2,581		)
Income tax benefit from discontinued operations	—			548			—			1,524
Loss from discontinued operations	(1,184		)	(866		)	(1,579		)	(1,057		)