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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 34,582 $ 39,274
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment of goodwill 1,117
Deferred loan cost amortization 1,155 1,130
Net gain on disposals of property and equipment and insurance recovery (308) (1,339)
Depreciation and amortization 44,808 40,957
Amortization of deferred income (700) (732)
Deferred income tax provision (6,265) 21,899
Share-based compensation 2,533 2,560
Changes in operating assets and liabilities:    
Accounts receivable (4,902) 2,924
Prepaid, refundable and accrued income taxes 11,572 (1,240)
Inventories 683 297
Prepaid expenses 1,162 1,516
Accounts payable 3,762 21,437
Deferred race event and other income (10,606) (21,016)
Accrued interest (2,577) (2,552)
Accrued expenses and other liabilities 2,510 2,990
Deferred income 189 90
Other assets and liabilities (128) (283)
Net Cash Provided By Operating Activities 78,587 107,912
Cash Flows from Financing Activities:    
Principal payments on long-term debt (31,157) (52,177)
Exercise of common stock options 482
Dividend payments on common stock (18,551) (18,599)
Repurchases of common stock (4,348) (4,037)
Net Cash Used By Financing Activities (53,574) (74,813)
Cash Flows from Investing Activities:    
Payments for capital expenditures (21,960) (33,440)
Proceeds from sales of property and equipment and insurance recovery 3,027 520
Repayment of note receivable 405 119
Net Cash Used By Investing Activities (18,528) (32,801)
Net Increase in Cash and Cash Equivalents 6,485 298
Cash and Cash Equivalents at Beginning of Period 79,342 82,010
Cash and Cash Equivalents at End of Period 85,827 82,308
Supplemental Cash Flow Information:    
Cash paid for interest, net of amounts capitalized 12,220 12,620
Supplemental Non-Cash Investing and Financing Activities Information:    
(Decrease) increase in accounts payable for capital expenditures $ (526) $ 1,065