XML 23 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:      
Net earnings $ 7,891 $ 13,813 $ 12,991
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 8,945 8,349 7,999
Loss on disposition of fixed assets 767 330 514
Adjustment of contingent liability (note 14) 150 54 (859)
Unrealized (gain) loss on interest rate swaps (413) (79) 214
Amortization of stock-based compensation expense 669 759 1,641
Amortization of deferred financing costs 149 129 105
Deferred taxes (benefit) 183 (196) (1,305)
Changes in Operating Assets and Liabilities, Net of Acquisition:      
Receivables, net (1,449) (1,417) (1,139)
Prepaid expenses and other assets (1,734) (1,583) 1,370
Accounts payable (531) (196) (396)
Accrued liabilities 2,896 2,540 (1,307)
Inventories (127) (1) 14
Other operating assets 0 (20) 0
Other operating liabilities 173 5 8
Accrued payroll 1,307 1,162 343
Taxes payable 1,410 (1,350) (725)
Contingent liability payment (840) 0 (159)
Net cash provided by operating activities 19,446 22,299 19,309
Cash Flows used in Investing Activities:      
Purchases of property and equipment (11,127) (7,104) (18,875)
Acquisition of Century Casino St. Albert (net of cash acquired) (Note 3) (1,494) (19,735) 0
Acquisition of Saw Close Casino, Ltd. licenses (Note 1) (398) 0 0
Proceeds from disposition of assets 23 10 698
Net cash used in investing activities (12,996) (26,829) (18,177)
Cash Flows provided by Financing Activities:      
Proceeds from borrowings 2,680 22,788 12,043
Principal payments (5,686) (5,165) (7,205)
Payment of deferred financing costs 0 (266) 0
Distribution to non-controlling interest (2,043) (1,897) (507)
Common stock issuance 34,259 0 0
Proceeds from exercise of stock options 32 97 89
Net cash provided by financing activities 29,242 15,557 4,420
Effect of Exchange Rate Changes on Cash 1,732 (1,575) (1,301)
Increase in Cash, Cash Equivalents and Restricted Cash 37,424 9,452 4,251
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 39,020 29,568 25,317
Cash, Cash Equivalents and Restricted Cash at End of Period 76,444 39,020 29,568
Supplemental Disclosure of Cash Flow Information:      
Interest paid 5,187 2,729 1,684
Income taxes paid 2,893 4,051 2,465
Non-Cash Investing Activities:      
Purchase of property and equipment on account 3,676 479 1,211
Conversion of CDR equity (note 1) 0 0 716
Non-Cash Financing Activities:      
Assets acquired under capital lease obligation 145 560 800
Distributions payable to non-controlling shareholders $ 604 $ 586 $ 0