XML 30 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jan. 27, 2013
Jan. 22, 2012
Operating activities:    
Net loss $ (2,178) $ (4,962)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 53,062 64,739
Amortization of deferred financing costs 4,220 4,439
Amortization of debt discount 163 155
Deferred income taxes (1,178) (3,290)
Stock compensation expense 4,079 6,317
Valuation allowance on Biloxi assets held for sale 1,500  
Gain on derivative instruments (532) (252)
Loss on disposal of assets 2 18
Changes in operating assets and liabilities:    
Purchases of trading securities (194) (3,477)
Accounts receivable (2,072) 2,014
Insurance receivable 7,497 (3,471)
Income tax receivable (2,248) (106)
Prepaid expenses and other assets (4,477) 2,258
Accounts payable and accrued liabilities 21,868 6,126
Net cash provided by operating activities 79,512 70,508
Investing activities:    
Purchase of property and equipment (123,570) (45,965)
Payment for intangible asset (5,000)  
Proceeds from asset sales, net 33,200  
Restricted cash and investments (560) 163
Net cash used in investing activities (95,930) (45,802)
Financing activities:    
Principal payments on long-term debt (361,366) (4,078)
Proceeds from the issuance of long-term debt 350,000  
Net borrowings (repayments) on line of credit 10,000 (23,000)
Payment of deferred financing costs (8,847) (393)
Proceeds from exercise of stock options   13
Net cash used in financing activities (10,213) (27,458)
Net decrease in cash and cash equivalents (26,631) (2,752)
Cash and cash equivalents, beginning of period 94,461 75,178
Cash and cash equivalents, end of the period $ 67,830 $ 72,426