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v3.3.1.900

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013
Revenues |  |  |
Casino | $ 156,843 | $ 145,134 | $ 149,916
Food and beverage | 56,500 | 52,314 | 49,642
Hotel | 22,629 | 21,733 | 22,679
Other | 11,198 | 10,394 | 9,680
Gross revenues | 247,170 | 229,575 | 231,917
Less promotional allowances | (44,925) | (41,808) | (43,168)
Net revenues | 202,245 | 187,767 | 188,749
Operating expenses |  |  |
Casino | 65,970 | 61,583 | 59,646
Food and beverage | 22,249 | 21,410 | 20,077
Hotel | 6,787 | 5,992 | 6,241
Other | 3,963 | 3,545 | 3,260
Selling, general and administrative | 54,779 | 52,987 | 52,256
Depreciation and amortization | 15,933 | 17,824 | 16,638
Loss on disposition of assets | 9 | 343 | 176
Colorado ballot initiative costs |  | 1,864 |
Total operating expenses | 169,690 | 165,548 | 158,294
Income from operations | 32,555 | 22,219 | 30,455
Other expenses |  |  |
Interest expense, net of amounts capitalized | (679) | (1,104) | (1,860)
Total other expense | (679) | (1,104) | (1,860)
Income before income taxes | 31,876 | 21,115 | 28,595
Provision for income taxes | (11,217) | (6,930) | (10,634)
Net income | $ 20,659 | $ 14,185 | $ 17,961
Net income |  |  |
Basic (in dollars per share) | $ 1.22 | $ 0.85 | $ 1.10
Diluted (in dollars per share) | $ 1.19 | $ 0.83 | $ 1.06
Weighted average number of common shares and potential common shares outstanding |  |  |
Basic (in shares) | 16,948 | 16,734 | 16,302
Diluted (in shares) | 17,335 | 17,107 | 16,944

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