XML 35 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2017
Acquisitions [Abstract]  
Schedule of Estimated Fair Values of Assets and Liabilities



 

 

 

Amounts in thousands

 

 

Cash

 

$

3,060 

Accounts receivable

 

 

331 

Prepaid expenses and other

 

 

136 

Inventories

 

 

39 

Property and equipment

 

 

9,542 

Casino license

 

 

9,318 

Accounts payable

 

 

(63)

Accrued liabilities

 

 

(383)

Accrued payroll

 

 

(37)

Deferred tax liability

 

 

(1,238)

Net identifiable assets acquired

 

 

20,705 



 

 

 

Add: Goodwill

 

 

3,584 

Net assets acquired

 

$

24,289 



Purchase Consideration - Cash Outflow



 

 

 

Outflow of cash to acquire subsidiary, net of cash acquired

 

 

 

Cash consideration

 

$

24,289 

Less: cash balances acquired

 

 

(3,060)

Net cash

 

$

21,229 



Schedule of Unaudited Pro Forma Information



 

 

 

 

 

 



 

 



 

 

For the three months

 

 

For the six months

Amounts in thousands, except for per share information

 

 

ended June 30, 2016

 

 

ended June 30, 2016



 

(Unaudited)

 

(Unaudited)

Net operating revenue

 

$

37,432 

 

$

72,461 

Net earnings attributable to Century Casinos, Inc. shareholders

 

$

2,562 

 

$

5,094 

Basic and diluted earnings per share

 

$

0.10 

 

$

0.21