XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Casino $ 97,367,121 $ 99,813,126 $ 94,510,933
Food and beverage 42,933,675 40,979,514 38,172,149
Hotel 21,438,854 21,767,117 19,937,568
Other 8,025,571 7,908,525 6,830,800
Gross revenues 169,765,221 170,468,282 159,451,450
Less promotional allowances (29,133,016) (28,438,255) (25,719,594)
Net revenues 140,632,205 142,030,027 133,731,856
Operating expenses      
Casino 38,275,637 38,777,935 35,887,871
Food and beverage 19,861,195 18,874,351 17,890,429
Hotel 5,824,382 5,942,399 6,628,190
Other 2,891,231 2,825,692 2,449,977
Selling, general and administrative 47,110,839 47,881,105 47,865,432
Depreciation and amortization 13,379,538 13,281,396 12,501,048
Player club implementation expense     1,366,614
Building demolition expense 3,519,148 414,099  
Total operating expenses 130,861,970 127,996,977 124,589,561
Income from operations 9,770,235 14,033,050 9,142,295
Other income (expense)      
Interest income     124,661
Interest expense (914,308) (1,457,865) (2,103,798)
Total other expense (914,308) (1,457,865) (1,979,137)
Income before income taxes 8,855,927 12,575,185 7,163,158
Provision for income taxes (3,180,073) (4,338,924) (2,321,679)
Net income $ 5,675,854 $ 8,236,261 $ 4,841,479
Net income      
Basic (in dollars per share) $ 0.35 $ 0.51 $ 0.30
Diluted (in dollars per share) $ 0.35 $ 0.51 $ 0.30
Weighted average number of common shares and potential common shares outstanding      
Basic (in shares) 16,138,158 16,131,321 16,123,027
Diluted (in shares) 16,231,325 16,205,606 16,159,415