XML 20 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows (used in) provided by Operating Activities:    
Net (loss) earnings $ (11,694) $ 3,031
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 12,031 6,855
Lease amortization 865 965
Loss on disposition of fixed assets 594 480
Income from equity investment   (1,091)
Amortization of stock-based compensation expense 503 736
Amortization of deferred financing costs 674 674
Gain on debt repurchase (Note 5) (146)  
Gain on sale of operations (Note 1)   (574)
Deferred taxes (5,959) (1,866)
Changes in Operating Assets and Liabilities:    
Receivables, net 2,485 2,821
Prepaid expenses and other assets (5,944) 1,010
Accounts payable (2,403) (2,127)
Other current and long-term liabilities 11,004 325
Inventories 23 (90)
Accrued payroll (1,379) (467)
Taxes payable (12,133) 1,598
Net cash (used in) provided by operating activities (11,479) 12,280
Cash Flows (used in) provided by Investing Activities:    
Purchases of property and equipment (18,400) (13,619)
Smooth Bourbon dividends (Note 3)   2,256
Purchase of intangible assets - casino license (1,176)  
Proceeds from disposition of assets 48  
Century Casino Calgary sale earn out   572
Net cash used in investing activities (19,528) (10,791)
Cash Flows (used in) provided by Financing Activities:    
Proceeds from borrowings 5,900 5,900
Principal payments (4,628) (1,411)
Distributions to non-controlling interests (1,961) (3,536)
Repurchase of shares to satisfy tax withholding (235) (1,290)
Net cash used in financing activities (924) (337)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (2,854) (179)
(Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (34,785) 973
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 171,590 202,131
Cash, Cash Equivalents and Restricted Cash at End of Period 136,805 203,104
Supplemental Disclosure of Cash Flow Information:    
Interest paid 15,913 16,703
Income taxes paid 12,680 776
Non-Cash Investing Activities:    
Purchase of property and equipment on account $ 6,725 $ 5,957