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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 01, 2012
Jul. 03, 2011
Jul. 01, 2012
Jul. 03, 2011
Revenues:        
Management fees $ 2,503 $ 28,085 $ 4,446 $ 33,920
License fees and other 16 72 36 130
Total revenues 2,519 28,157 4,482 34,050
Costs and expenses:        
Selling, general and administrative 1,905 2,286 4,208 4,942
Impairments and other losses 1,399 635 2,328 1,509
Amortization of intangible assets related to operating casinos 265 9,217 528 11,160
Depreciation 51 55 106 112
Total costs and expenses 3,620 12,193 7,170 17,723
Net unrealized gains (losses) on notes receivable   (124)   618
Earnings (loss) from operations (1,101) 15,840 (2,688) 16,945
Other income (expense):        
Interest income 1,578 1,513 3,161 2,981
Interest expense (242) (321) (494) (642)
Other 44 120 58 240
Total other income, net 1,380 1,312 2,725 2,579
Earnings before income taxes 279 17,152 37 19,524
Income taxes (benefit) (145) 7,667 (2,142) 8,659
Net earnings including noncontrolling interest 424 9,485 2,179 10,865
Net loss attributable to noncontrolling interests 1   61  
Net earnings attributable to Lakes Entertainment, Inc. $ 425 $ 9,485 $ 2,240 $ 10,865
Weighted-average common shares outstanding        
Basic (in Shares) 26,441 26,406 26,436 26,404
Dilutive effect of restricted stock units (in Shares)   25   25
Diluted (in Shares) 26,441 26,431 26,436 26,429
Gain (loss) per share        
Basic (in Dollars per share) $ 0.02 $ 0.36 $ 0.08 $ 0.41
Diluted (in Dollars per share) $ 0.02 $ 0.36 $ 0.08 $ 0.41