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Consolidated Statements of Earnings (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Oct. 02, 2011
Oct. 03, 2010
Oct. 02, 2011
Oct. 03, 2010
Revenues:    
Management fees$ 222$ 8,155$ 34,142$ 19,876
License fees and other281715852
Total revenues2508,17234,30019,928
Costs and expenses:    
Selling, general and administrative2,5372,9367,4799,425
Loss on convertible note receivable4,000 4,000 
Impairments and other losses1,1026322,6114,002
Amortization of intangible assets related to operating casinos2642,78511,4248,355
Loss on disposal of property and equipment76 76 
Depreciation5265164196
Total costs and expenses8,0316,41825,75421,978
Net unrealized gains (losses) on notes receivable(2,709)450(2,091)762
Earnings (loss) from operations(10,490)2,2046,455(1,288)
Other income (expense):    
Gain on divestiture of cost method investment 23,100 23,100
Interest income1,4391,6824,4205,776
Interest expense(273)(446)(915)(1,678)
Equity in loss of unconsolidated investee   (64)
Other119(508)359(20)
Total other income, net1,28523,8283,86427,114
Earnings (loss) before income taxes(9,205)26,03210,31925,826
Income taxes (benefit)(9,149)10,976(490)11,548
Net earnings (loss) including noncontrolling interest(56)15,05610,80914,278
Net loss attributable to noncontrolling interests18 18 
Net earnings (loss) attributable to Lakes Entertainment, Inc.$ (38)$ 15,056$ 10,827$ 14,278
Weighted-average common shares outstanding    
Basic26,40626,36926,40226,369
Dilutive effect of restricted stock units 572556
Diluted26,40626,42626,42726,425
Earnings (loss) per share    
Basic$ 0$ 0.57$ 0.41$ 0.54
Diluted$ 0$ 0.57$ 0.41$ 0.54