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Consolidated Balance Sheets (USD $)
In Thousands
Oct. 02, 2011
Jan. 02, 2011
Current assets:  
Cash and cash equivalents$ 44,296$ 45,233
Accounts receivable121,696
Current portion of notes receivable from Indian casino projects6942,405
Deposit2,1000
Income taxes receivable1,2530
Other9401,983
Total current assets49,29551,317
Property and equipment8,1488,014
Accumulated depreciation(3,050)(2,911)
Property and equipment, net5,0985,103
Long-term assets related to Indian casino projects:  
Notes and interest receivable, net of current portion and allowance33,57531,192
Notes receivable at fair value9,64111,129
Intangible assets, net of accumulated amortization of $0.8 and $22.9 million4,44815,873
Land held for development960960
Management fee receivable and other6,5075,195
Total long-term assets related to Indian casino projects55,13164,349
Other assets:  
Investment in unconsolidated investee15,7062,367
Land held for development1703,470
Land held for sale3,0000
Other45440
Total other assets19,3305,877
Total assets128,854126,646
Current liabilities:  
Current portion of contract acquisition costs payable, net of $1.0 and $1.2 million discount1,0081,326
Income taxes payable07,822
Accounts payable325292
Accrued payroll and related610776
Other accrued expenses606615
Total current liabilities2,54910,831
Long-term contract acquisition costs payable, net of current portion and $1.6 and $2.4 million discount4,8505,830
Total liabilities7,39916,661
Commitments and contingencies  
Shareholders' equity:  
Common stock, $.01 par value; authorized 200,000 shares; 26,406 and 26,369 common shares issued and outstanding264264
Additional paid-in capital203,604203,148
Deficit(82,600)(93,427)
Total Lakes Entertainment, Inc. shareholders' equity121,268109,985
Noncontrolling interest1870
Total equity121,455109,985
Total liabilities and shareholders' equity$ 128,854$ 126,646