XML 20 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities:    
Net earnings $ 1,418 $ 4,970
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 4,323 4,103
Loss on disposition of fixed assets 1,054 255
Adjustment of contingent liability (note 7) 73  
Unrealized gain on interest rate swaps (9) (35)
Amortization of stock-based compensation expense 347 235
Amortization of deferred financing costs 62 86
Deferred taxes 686 45
Loss from unconsolidated subsidiary 1  
Changes in Operating Assets and Liabilities, Net of Acquisition:    
Receivables, net 1,490 1,602
Prepaid expenses and other assets (1,595) (1,526)
Accounts payable 95 246
Accrued liabilities 1,424 33
Inventories (129) (23)
Other operating liabilities 850 47
Accrued payroll (245) (169)
Taxes payable (3,582) (1,696)
Contingent liability payment (1,330)  
Net cash provided by operating activities 4,933 8,173
Cash Flows used in Investing Activities:    
Purchases of property and equipment (24,266) (3,064)
Acquisition of Century Casino St. Albert (net of cash acquired)   (1,494)
Acquisition of Saw Close Casino, Ltd. licenses (Note 4)   (126)
Acquisition of Golden Hospitality Ltd., net of $0.2 million cash acquired (Note 3) (337)  
Investment in Minh Chau Ltd. (Note 3) (445)  
Proceeds from disposition of assets 6 1
Net cash used in investing activities (25,042) (4,683)
Cash Flows used in Financing Activities:    
Proceeds from borrowings 2,958  
Principal payments (2,691) (2,952)
Payment of deferred financing costs (23)  
Distribution to non-controlling interest (642) (644)
Proceeds from exercise of stock options 155 32
Net cash used in financing activities (243) (3,564)
Effect of Exchange Rate Changes on Cash (931) 1,015
(Decrease) increase in Cash, Cash Equivalents and Restricted Cash (21,283) 941
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 76,444 39,020
Cash, Cash Equivalents and Restricted Cash at End of Period 55,161 39,961
Supplemental Disclosure of Cash Flow Information:    
Interest paid 2,409 3,120
Income taxes paid 1,792 1,774
Non-Cash Investing Activities:    
Purchase of property and equipment on account $ 8,076 437
Non-Cash Financing Activities:    
Assets acquired under capital lease obligation   $ 20