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STOCK-BASED COMPENSATION
9 Months Ended
Sep. 30, 2023
STOCK-BASED COMPENSATION.  
STOCK-BASED COMPENSATION

NOTE 3. STOCK-BASED COMPENSATION

In accordance with ASC 718, the Company records any excess tax benefits or deficiencies from its equity awards in its Consolidated Statements of Income in the reporting periods in which vesting occurs. As a result, the Company’s income tax expense and associated effective tax rate are impacted by fluctuations in stock price between the grant dates and vesting dates of equity awards.

Reported stock-based compensation expense was classified as follows (in thousands):

Three months ended

Nine months ended

September 30, 

September 30, 

    

2023

    

2022

    

2023

    

2022

 

Casino

$

111

 

$

56

 

$

262

 

$

181

 

Food and beverage

 

59

 

(12)

 

88

 

104

Hotel

 

80

 

56

 

213

 

126

Selling, general and administrative

 

1,896

 

1,157

 

4,333

 

3,031

Total stock-based compensation, before taxes

 

2,146

 

1,257

 

4,896

 

3,442

Tax benefit

 

(450)

 

(264)

 

(1,028)

 

(723)

Total stock-based compensation, net of tax

$

1,696

 

$

993

 

$

3,868

 

$

2,719