STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 2020

STOCK-BASED COMPENSATION.

STOCK-BASED COMPENSATION

NOTE 3. STOCK-BASED COMPENSATION

In accordance with ASU No. 2016-09, the Company records any excess tax benefits or deficiencies from its equity awards in its Consolidated Statements of Income in the reporting periods in which vesting occurs. As a result, the Company’s income tax expense and associated effective tax rate are impacted by fluctuations in stock price between the grant dates and vesting dates of equity awards.

Reported stock-based compensation expense was classified as follows (in thousands):

	Three months ended				Six months ended
	June 30,				June 30,
	2020		2019		2020		2019
Casino	$	56	$	55	$	56	$	101
Food and beverage		12		48		69		98
Hotel		27		22		55		43
Selling, general and administrative		886		878		1,674		1,676
Total stock-based compensation, before taxes		981		1,003		1,854		1,918
Tax benefit		(206)		(211)		(389)		(403)
Total stock-based compensation, net of tax	$	775	$	792	$	1,465	$	1,515