STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 2023

STOCK-BASED COMPENSATION.

STOCK-BASED COMPENSATION

NOTE 3. STOCK-BASED COMPENSATION

In accordance with ASC 718, 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,
	2023		2022		2023		2022
Casino	$	(2)	$	54	$	151	$	125
Food and beverage		(11)		68		29		116
Hotel		67		37		133		70
Selling, general and administrative		1,222		866		2,437		1,874
Total stock-based compensation, before taxes		1,276		1,025		2,750		2,185
Tax benefit		(268)		(215)		(578)		(459)
Total stock-based compensation, net of tax	$	1,008	$	810	$	2,172	$	1,726