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Segment And Geographic Information (Tables)
 12 Months Ended
Dec. 31, 2016
Segment And Geographic Information [Abstract]  
Aggregation Of Operating Segments Into Reportable Segments

Reportable Segment

Operating Segment

Canada

Century Casino & Hotel - Edmonton

Canada

Century Casino St. Albert

Canada

Century Casino Calgary

Canada

Century Downs Racetrack and Casino

Canada

Century Bets!

United States

Century Casino & Hotel – Central City

United States

Century Casino & Hotel – Cripple Creek

Poland

Casinos Poland

Corporate and Other

Cruise Ships & Other

Corporate and Other

Corporate Other



Segment Information



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



For the year ended December 31, 2016

Amounts in thousands

 

Canada

 

United States

 

Poland

 

Corporate and Other

 

Total

Net operating revenue (1)

 

$

 50,237 

 

$

 30,135 

 

$

 54,890 

 

$

 3,972 

 

$

 139,234 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before income taxes

 

$

 12,381 

 

$

 4,705 

 

$

 5,647 

 

$

 (7,133)

 

$

 15,600 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

 8,448 

 

$

 2,890 

 

$

 2,921 

 

$

 (5,044)

 

$

 9,215 

Interest expense (income), net

 

 

 3,037 

 

 

 2 

 

 

 71 

 

 

 (22)

 

 

 3,088 

Income taxes (benefit)

 

 

 796 

 

 

 1,815 

 

 

 1,265 

 

 

 (2,089)

 

 

 1,787 

Depreciation and amortization

 

 

 3,049 

 

 

 2,488 

 

 

 2,430 

 

 

 382 

 

 

 8,349 

Non-controlling interest

 

 

 3,137 

 

 

 0 

 

 

 1,461 

 

 

 0 

 

 

 4,598 

Non-cash stock-based compensation

 

 

 0 

 

 

 0 

 

 

 0 

 

 

 759 

 

 

 759 

(Gain) loss on foreign currency transactions, cost recovery income and other

 

 

 (2,232)

 

 

 0 

 

 

 (310)

 

 

 19 

 

 

 (2,523)

Loss on disposition of fixed assets

 

 

 27 

 

 

 2 

 

 

 301 

 

 

 0 

 

 

 330 

Acquisition costs

 

 

 0 

 

 

 0 

 

 

 0 

 

 

 159 

 

 

 159 

Adjusted EBITDA

 

$

 16,262 

 

$

 7,197 

 

$

 8,139 

 

$

 (5,836)

 

$

 25,762 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

 77,015 

 

$

 51,142 

 

$

 10,612 

 

$

 1,994 

 

$

 140,763 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures (2)

 

$

 13,536 

 

$

 1,165 

 

$

 1,334 

 

$

 611 

 

$

 16,646 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



(1)

Net operating revenue for Corporate and Other primarily relates to the Company’s cruise ship operations.  

(2)

Capital expenditures for Canada includes property and equipment of $9.5 million related to the Apex Acquisition (Note 3).







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



For the year ended December 31, 2015

Amounts in thousands

 

Canada

 

United States

 

Poland

 

Corporate and Other

 

Total

Net operating revenue (1)

 

$

 45,203 

 

$

 28,438 

 

$

 52,208 

 

$

 7,885 

 

$

 133,734 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before income taxes

 

$

 9,384 

 

$

 3,842 

 

$

 5,483 

 

$

 (4,064)

 

$

 14,645 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

 7,432 

 

$

 2,381 

 

$

 2,899 

 

$

 (1,192)

 

$

 11,520 

Interest expense (income), net

 

 

 3,160 

 

 

 1 

 

 

 129 

 

 

 (13)

 

 

 3,277 

Income taxes (benefit)

 

 

 1,929 

 

 

 1,461 

 

 

 1,136 

 

 

 (2,872)

 

 

 1,654 

Depreciation and amortization

 

 

 2,472 

 

 

 2,558 

 

 

 2,571 

 

 

 398 

 

 

 7,999 

Non-controlling interest

 

 

 23 

 

 

 0 

 

 

 1,448 

 

 

 0 

 

 

 1,471 

Non-cash stock-based compensation

 

 

 0 

 

 

 0 

 

 

 0 

 

 

 1,641 

 

 

 1,641 

(Gain) loss on foreign currency transactions, cost recovery income and other

 

 

 (685)

 

 

 0 

 

 

 (1,444)

 

 

 3 

 

 

 (2,126)

Loss on disposition of fixed assets

 

 

 11 

 

 

 0 

 

 

 341 

 

 

 30 

 

 

 382 

Preopening expenses

 

 

 345 

 

 

 0 

 

 

 0 

 

 

 0 

 

 

 345 

Other one-time (income) costs (2)

 

 

 0 

 

 

 0 

 

 

 0 

 

 

 (3,365)

 

 

 (3,365)

Adjusted EBITDA

 

$

 14,687 

 

$

 6,401 

 

$

 7,080 

 

$

 (5,370)

 

$

 22,798 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

 64,985 

 

$

 52,431 

 

$

 12,431 

 

$

 1,735 

 

$

 131,582 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

 

$

 15,637 

 

$

 1,580 

 

$

 1,251 

 

$

 407 

 

$

 18,875 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 









(1)

Net operating revenue for Corporate and Other primarily relates to the Company’s cruise ship operations.

(2)

Other one-time income for Corporate and Other relates to $3.4 million for the termination agreement with Norwegian.





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



For the year ended December 31, 2014

Amounts in thousands

 

Canada

 

United States

 

Poland

 

Corporate and Other

 

Total

Net operating revenue (1)

 

$

 34,599 

 

$

 26,707 

 

$

 51,191 

 

$

 7,551 

 

$

 120,048 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before income taxes

 

$

 6,150 

 

$

 2,069 

 

$

 (141)

 

$

 (7,660)

 

$

 418 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

 6,446 

 

$

 1,283 

 

$

 (112)

 

$

 (6,385)

 

$

 1,232 

Interest expense (income), net

 

 

 2,473 

 

 

 1 

 

 

 319 

 

 

 (37)

 

 

 2,756 

Income taxes (benefit)

 

 

 1,971 

 

 

 786 

 

 

 25 

 

 

 (1,275)

 

 

 1,507 

Depreciation and amortization

 

 

 1,910 

 

 

 2,419 

 

 

 2,839 

 

 

 667 

 

 

 7,835 

Non-controlling interest

 

 

 (2,267)

 

 

 0 

 

 

 (54)

 

 

 0 

 

 

 (2,321)

Non-cash stock-based compensation

 

 

 0 

 

 

 0 

 

 

 0 

 

 

 1,028 

 

 

 1,028 

(Gain) loss on foreign currency transactions, cost recovery income and other

 

 

 (193)

 

 

 0 

 

 

 (342)

 

 

 18 

 

 

 (517)

Loss on disposition of fixed assets

 

 

 2 

 

 

 39 

 

 

 587 

 

 

 3 

 

 

 631 

Acquisition costs

 

 

 115 

 

 

 0 

 

 

 0 

 

 

 266 

 

 

 381 

Other one-time (income) costs (2)

 

 

 (103)

 

 

 0 

 

 

 421 

 

 

 0 

 

 

 318 

Adjusted EBITDA

 

$

 10,354 

 

$

 4,528 

 

$

 3,683 

 

$

 (5,715)

 

$

 12,850 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

 53,870 

 

$

 63,246 

 

$

 15,120 

 

$

 2,391 

 

$

 134,627 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

 

$

 11,685 

 

$

 1,768 

 

$

 3,036 

 

$

 1,367 

 

$

 17,856 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





(1)

Net operating revenue for Corporate and Other primarily relates to the Company’s cruise ship operations.

Other one-time (income) costs for Canada were insurance proceeds received and for Poland were the costs associated with relocating the Poznan casino to Hotel Andersia and the write-off of the Sosnowiec casino license