XML 20 R7.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows (used in) provided by Operating Activities:    
Net (loss) earnings $ (50,707) $ 3,394
Adjustments to reconcile net (loss) earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 24,480 17,044
Lease amortization 1,873 2,057
Loss on disposition of fixed assets 843 446
Income from equity investment   (1,121)
Amortization of stock-based compensation expense 846 1,664
Amortization of deferred financing costs 1,348 1,347
Gain on debt repurchase (Note 5) (146)  
Gain on sale of operations (Note 1)   (1,246)
Deferred taxes 22,937 (1,842)
Changes in Operating Assets and Liabilities:    
Receivables, net 1,214 2,886
Prepaid expenses and other assets (4,181) 1,246
Accounts payable (3,966) (5,203)
Other current and long-term liabilities 10,926 1,745
Inventories 654 (490)
Accrued payroll (993) (83)
Taxes payable (13,604) (744)
Net cash (used in) provided by operating activities (8,476) 21,100
Cash Flows (used in) provided by Investing Activities:    
Purchases of property and equipment (34,340) (26,016)
Smooth Bourbon dividends (Note 3)   2,256
Smooth Bourbon consolidation (Note 3)   528
Nugget acquisition, net of cash acquired (Note 3)   (97,954)
Purchase of intangible assets - casino license (1,759)  
Proceeds from disposition of assets 47 73
Century Casino Calgary sale earn out   1,246
Net cash used in investing activities (36,052) (119,867)
Cash Flows (used in) provided by Financing Activities:    
Proceeds from borrowings 9,900 14,800
Principal payments (5,063) (2,821)
Distributions to non-controlling interests (4,983) (5,600)
Repurchase of shares to satisfy tax withholding (235) (1,290)
Net cash (used in) provided by financing activities (381) 5,089
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (3,237) 389
Decrease in Cash, Cash Equivalents and Restricted Cash (48,146) (93,289)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 171,590 202,131
Cash, Cash Equivalents and Restricted Cash at End of Period 123,444 108,842
Supplemental Disclosure of Cash Flow Information:    
Interest paid 41,580 33,971
Income taxes paid 14,724 3,808
Non-Cash Investing Activities:    
Purchase of property and equipment on account $ 4,550 $ 7,164