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Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Information [Abstract]  
Aggregation Of Operating Segments Into Reportable Segments



 

Reportable Segment

Operating Segment

Canada

Century Casino & Hotel - Edmonton

Canada

Century Casino Calgary

Canada

Century Downs Racetrack and Casino

Canada

Century Bets!

Canada

Century Casino St. Albert

Canada

Century Mile Racetrack and Casino

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

Century Casino Bath

Corporate and Other

Corporate Other



Segment Information



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



For the three months ended March 31, 2019

Amounts in thousands

 

Canada

 

United States

 

Poland

 

Corporate and Other

 

Total

Net operating revenue (1)

 

$

16,297 

 

$

8,068 

 

$

19,752 

 

$

1,496 

 

$

45,613 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) before income taxes

 

$

2,553 

 

$

1,339 

 

$

1,831 

 

$

(3,284)

 

$

2,439 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

1,547 

 

$

983 

 

$

913 

 

$

(2,375)

 

$

1,068 

Interest expense (income), net

 

 

1,192 

 

 

 

 

46 

 

 

16 

 

 

1,254 

Income taxes (benefit)

 

 

766 

 

 

356 

 

 

461 

 

 

(867)

 

 

716 

Depreciation and amortization

 

 

797 

 

 

560 

 

 

770 

 

 

298 

 

 

2,425 

Net earnings (loss) attributable to non-controlling interests

 

 

240 

 

 

 

 

457 

 

 

(42)

 

 

655 

Non-cash stock-based compensation

 

 

 

 

 

 

 

 

261 

 

 

261 

Gain on foreign currency transactions, cost recovery income and other

 

 

(45)

 

 

 

 

(202)

 

 

(11)

 

 

(258)

(Gain) loss on disposition of fixed assets

 

 

(5)

 

 

16 

 

 

 

 

28 

 

 

44 

Pre-opening expenses

 

 

538 

 

 

 

 

 

 

 

 

538 

Adjusted EBITDA

 

$

5,030 

 

$

1,915 

 

$

2,450 

 

$

(2,692)

 

$

6,703 



(1)

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

 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



For the three months ended March 31, 2018

Amounts in thousands

 

Canada

 

United States

 

Poland

 

Corporate and Other

 

Total

Net operating revenue (1)

 

$

14,672 

 

$

7,706 

 

$

17,382 

 

$

860 

 

$

40,620 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) before income taxes

 

$

2,681 

 

$

1,174 

 

$

1,122 

 

$

(2,678)

 

$

2,299 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

2,019 

 

$

873 

 

$

534 

 

$

(2,500)

 

$

926 

Interest expense (income), net

 

 

939 

 

 

 

 

71 

 

 

 

 

1,011 

Income taxes (benefit)

 

 

534 

 

 

301 

 

 

323 

 

 

(178)

 

 

980 

Depreciation and amortization

 

 

874 

 

 

541 

 

 

649 

 

 

89 

 

 

2,153 

Net earnings attributable to non-controlling interests

 

 

128 

 

 

 

 

265 

 

 

 

 

393 

Non-cash stock-based compensation

 

 

 

 

 

 

 

 

115 

 

 

115 

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

 

 

(72)

 

 

 

 

(169)

 

 

182 

 

 

(59)

Loss on disposition of fixed assets

 

 

 

 

 

 

26 

 

 

 

 

33 

Pre-opening expenses

 

 

280 

 

 

 

 

405 

 

 

325 

 

 

1,010 

Adjusted EBITDA

 

$

4,704 

 

$

1,718 

 

$

2,104 

 

$

(1,964)

 

$

6,562 



(1)

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