XML 37 R30.htm IDEA: XBRL DOCUMENT
v2.4.1.9

STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
STOCK-BASED COMPENSATION |
Schedule of stock-based compensation expense | Reported stock-based compensation expense was classified as follows (in thousands):
|  | For the years ended December 31, |
|  | 2014 |  | 2013 |  | 2012 |
Casino |  | $ | 45 |  | $ | 20 |  | $ | 65 |
Food and beverage |  | 68 |  | 33 |  | 81 |
Hotel |  | 11 |  | 3 |  | 20 |
Selling, general and administrative |  | 1,102 |  | 1,164 |  | 1,202 |
Total stock-based compensation, before taxes |  | 1,226 |  | 1,220 |  | 1,368 |
Tax benefit |  | (429 | ) | (427 | ) | (479 | )
Total stock-based compensation, net of tax |  | $ | 797 |  | $ | 793 |  | $ | 889 |
Summary of the stock option activity | A summary of the stock option activity as of and for the year ended December 31, 2014 is presented below:
|  |  |  | Weighted Average |  |  |
Options |  | Shares |  | Exercise Price |  | Remaining Contractual Term |  | Aggregate Intrinsic Value |
Outstanding at beginning of period |  | 2,886,574 |  | $ | 12.51 |  | — |  | — |
Granted |  | 377,000 |  | 14.44 |  | — |  | — |
Exercised |  | (1,136,371 | ) | 11.08 |  | — |  | — |
Forfeited |  | (125,000 | ) | 11.09 |  | — |  | — |
Expired |  | — |  | — |  | — |  | — |
Outstanding at end of period |  | 2,002,203 |  | $ | 13.73 |  | 7.0 yrs. |  | $ | 8,468,661 |
Exercisable at end of period |  | 829,060 |  | $ | 14.22 |  | 5.0 yrs. |  | $ | 3,887,865 |
Summary of status of the Company's nonvested shares |
Nonvested Shares |  | Shares |  | Weighted-Average Grant Date Fair Value |
Nonvested at January 1, 2014 |  | 1,203,070 |  | $ | 12.51 |
Granted |  | 377,000 |  | 4.02 |
Vested |  | (281,927 | ) | 3.24 |
Forfeited |  | (125,000 | ) | 11.09 |
Nonvested at December 31, 2014 |  | 1,173,143 |  | $ | 13.73 |
Schedule of option valuation assumptions for options granted | Option valuation assumptions for options granted during each year were as follows (in thousands, except per share amounts and percentages):
|  | Years ended December 31, |
|  | 2014 |  | 2013 |  | 2012 |
Expected volatility |  | 34.95 | % | 37.03 | % | 56.1 | %
Expected dividends |  | — |  | — |  | — |
Expected life (in years) |  |  |  |  |  |  |
Directors’ plan |  | 3.59 |  | 3.32 |  | 9.5 |
Executives plan |  | 4.31 |  | 4.48 |  | 3.1 |
Employees plan |  | 3.59 |  | 3.32 |  | 3.1 |
Weighted average risk free rate |  | 1.06 | % | 0.85 | % | 0.40 | %
Weighted average grant date fair value per share of options granted |  | $ | 4.02 |  | $ | 5.38 |  | $ | 3.43 |
Total fair value of shares vested |  | $ | 913 |  | $ | 1,123 |  | $ | 1,918 |
Total intrinsic value of options exercised |  | $ | 8,921 |  | $ | 2,737 |  | $ | 41 |
Cash received for all stock option exercises |  | $ | 12,595 |  | $ | 3,438 |  | $ | 53 |
Tax benefit realized from stock awards exercised |  | $ | 3,122 |  | $ | 958 |  | $ | 14 |

X
- Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration