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Unaudited Summarized Quarterly Data
 12 Months Ended
Dec. 31, 2015
Unaudited Summarized Quarterly Data [Abstract]  
Unaudited Summarized Quarterly Data

16.UNAUDITED SUMMARIZED QUARTERLY DATA

 

Summarized quarterly financial data for 2015 and 2014 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2015

 

 

Amounts in thousands, except for per share information:

 

 

1st Quarter

 

 

2nd Quarter (1)

 

 

3rd Quarter

 

 

4th Quarter

 

 

Net operating revenue

 

$

 30,405 

 

$

 37,875 

 

$

 33,526 

 

$

 32,627 

 

 

Earnings from operations

 

 

 2,100 

 

 

 7,839 

 

 

 4,082 

 

 

 2,472 

 

 

Net earnings

 

 

 1,497 

 

 

 7,619 

 

 

 3,139 

 

 

 1,254 

 

 

Net earnings attributable to Century Casinos, Inc. shareholders

 

 

 1,845 

 

 

 6,597 

 

 

 2,728 

 

 

 739 

 

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

 0.09 

 

$

 0.32 

 

$

 0.17 

 

$

 0.10 

 

 

Net earnings attributable to Century Casinos, Inc. shareholders

 

$

 0.08 

 

$

 0.27 

 

$

 0.11 

 

$

 0.03 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

 0.09 

 

$

 0.32 

 

$

 0.17 

 

$

 0.09 

 

 

Net earnings attributable to Century Casinos, Inc. shareholders

 

$

 0.08 

 

$

 0.27 

 

$

 0.11 

 

$

 0.03 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2014

 

 

Amounts in thousands, except for per share information:

 

 

1st Quarter

 

 

2nd Quarter (2)

 

 

3rd Quarter

 

 

4th Quarter

 

 

Net operating revenue

 

$

 29,110 

 

$

 31,555 

 

$

 28,123 

 

$

 31,259 

 

 

Earnings from operations

 

 

 983 

 

 

 322 

 

 

 715 

 

 

 639 

 

 

Net earnings (loss)

 

 

 226 

 

 

 (716)

 

 

 81 

 

 

 (679)

 

 

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

 

 

 510 

 

 

 156 

 

 

 796 

 

 

 (230)

 

 

Basic earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

 0.04 

 

$

 0.01 

 

$

 0.03 

 

$

 0.03 

 

 

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

 

$

 0.02 

 

$

 0.01 

 

$

 0.03 

 

$

 (0.01)

 

 

Diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

 0.04 

 

$

 0.01 

 

$

 0.03 

 

$

 0.03 

 

 

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

 

$

 0.02 

 

$

 0.01 

 

$

 0.03 

 

$

 (0.01)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

In April 2015, operations began at CDR’s casino and racetrack. In June 2015, the Company recorded $3.4 million in net operating revenue and net earnings from the consideration for the early termination of its Oceania and Regent concession agreements.

(2)

In April 2013, the Company purchased an additional 33.3% ownership interest in CPL and began consolidating CPL as a majority-owned subsidiary for which it has a controlling financial interest. The Company recorded a gain on bargain purchase of $2.1 million associated with the purchase.