XML 38 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2020
Acquisitions [Abstract]  
Schedule Of Estimated Fair Values Of Assets And Liabilities

Amounts in thousands

Cash

$

13,688

Receivables

3,400

Prepaid expenses

2,949

Inventories

1,047

Property and equipment

28,824

Property subject to financing obligation

277,800

Leased right-of-use assets

127

Casino licenses

28,922

Players club lists

20,373

Trademarks

2,368

Deposits and other

329

Accounts payable

(690)

Accrued liabilities

(6,299)

Accrued payroll

(2,969)

Operating lease liabilities

(127)

Financing obligation to VICI Properties, Inc. subsidiaries (1)

(277,800)

Net identifiable assets acquired

91,942

Add: Goodwill

19,786

Net assets acquired

$

111,728

(1)See Note 7 for additional information about the Master Lease.

Purchase Consideration - Cash Outflow

Amounts in thousands

Outflow of cash to acquire subsidiaries, net of cash acquired

Cash consideration

$

111,728

Less: cash and restricted cash balances acquired

(13,942)

Net cash used in investing activities

$

97,786

Schedule Of Unaudited Pro Forma Information

For the three months ended

For the six months ended

June 30, 2019

June 30, 2019

Amounts in thousands, except for per share information

(Unaudited)

(Unaudited)

Net operating revenue

$

108,143

$

208,249

Net earnings attributable to Century Casinos, Inc. shareholders

$

870

$

3,958

Basic and diluted earnings per share

$

0.03

$

0.13