XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating revenue:        
Gaming $ 36,914 $ 30,554 $ 102,814 $ 89,615
Hotel 560 534 1,491 1,469
Food and beverage 3,868 3,030 10,622 8,950
Other 2,449 2,811 7,604 9,536
Gross revenue 43,791 36,929 122,531 109,570
Less: Promotional allowances (2,743) (2,403) (7,756) (6,616)
Net operating revenue [1] 41,048 34,526 114,775 102,954
Operating costs and expenses:        
Gaming 17,094 14,601 48,796 42,228
Hotel 171 143 468 416
Food and beverage 3,388 2,673 9,452 7,884
General and administrative 13,392 11,141 36,819 33,708
Depreciation and amortization 2,226 2,133 6,330 6,260
Total operating costs and expenses 36,271 30,691 101,865 90,496
Earnings from operations 4,777 3,835 12,910 12,458
Non-operating income (expense):        
Interest income 21 18 69 49
Interest expense (829) (667) (2,667) (2,247)
Gain on foreign currency transactions, cost recovery income and other 70 20 555 1,778
Non-operating (expense) income, net (738) (629) (2,043) (420)
Earnings before income taxes 4,039 3,206 10,867 12,038
Income tax benefit (expense) 3,913 (793) 2,054 (2,559)
Net earnings 7,952 2,413 12,921 9,479
Net earnings attributable to non-controlling interest (322) (526) (1,329) (3,062)
Net earnings attributable to Century Casinos, Inc. shareholders $ 7,630 $ 1,887 $ 11,592 $ 6,417
Earnings per share attributable to Century Casinos, Inc. shareholders:        
Basic $ 0.31 $ 0.08 $ 0.47 $ 0.26
Diluted $ 0.31 $ 0.08 $ 0.47 $ 0.26
Weighted average shares outstanding - basic 24,470 24,440 24,464 24,452
Weighted average shares outstanding - diluted 24,891 24,675 24,905 24,644
[1] Net operating revenue for Corporate and Other primarily relates to the Company's cruise ship operations.