XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following tables set forth, for the periods indicated, certain operating data for the Company’s segments, and reconciles Adjusted EBITDA to net income (loss):
|  | Three Months Ended June 30, 2017 |
(In thousands) |  | Distributed Gaming |  |  | Casinos |  |  | Corporate and Other |  |  | Consolidated |
Net revenues |  | $ | 84,187 |  |  | $ | 26,210 |  |  | $ | 96 |  |  | $ | 110,493 |
Adjusted EBITDA |  |  | 13,478 |  |  |  | 6,934 |  |  |  | (5,409 | ) |  |  | 15,003 |
Acquisition expenses |  |  | — |  |  |  | — |  |  |  | (2,066 | ) |  |  | (2,066 | )
Share-based compensation |  |  | — |  |  |  | — |  |  |  | (2,322 | ) |  |  | (2,322 | )
Preopening expenses |  |  | (400 | ) |  |  | — |  |  |  | (174 | ) |  |  | (574 | )
Litigation |  |  | — |  |  |  | — |  |  |  | (55 | ) |  |  | (55 | )
Depreciation and amortization |  |  | (4,942 | ) |  |  | (2,025 | ) |  |  | (441 | ) |  |  | (7,408 | )
Income (loss) from operations |  |  | 8,136 |  |  |  | 4,909 |  |  |  | (10,467 | ) |  |  | 2,578 |
Non-operating income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | (278 | ) |  |  | 43 |  |  |  | (1,765 | ) |  |  | (2,000 | )
Total non-operating income (expense), net |  |  | (278 | ) |  |  | 43 |  |  |  | (1,765 | ) |  |  | (2,000 | )
Income (loss) before income tax benefit (provision) |  |  | 7,858 |  |  |  | 4,952 |  |  |  | (12,232 | ) |  |  | 578 |
Income tax benefit |  |  | — |  |  |  | — |  |  |  | 1,135 |  |  |  | 1,135 |
Net income (loss) |  | $ | 7,858 |  |  | $ | 4,952 |  |  | $ | (11,097 | ) |  | $ | 1,713 |
|  | Three Months Ended June 30, 2016 |
(In thousands) |  | Distributed Gaming |  |  | Casinos |  |  | Corporate and Other |  |  | Consolidated |
Net revenues |  | $ | 77,765 |  |  | $ | 24,709 |  |  | $ | 84 |  |  | $ | 102,558 |
Adjusted EBITDA |  |  | 11,361 |  |  |  | 6,843 |  |  |  | (4,903 | ) |  |  | 13,301 |
Merger expenses |  |  | — |  |  |  | — |  |  |  | (434 | ) |  |  | (434 | )
Share-based compensation |  |  | — |  |  |  | — |  |  |  | (450 | ) |  |  | (450 | )
Preopening expenses |  |  | (429 | ) |  |  | — |  |  |  | (90 | ) |  |  | (519 | )
Depreciation and amortization |  |  | (4,597 | ) |  |  | (1,916 | ) |  |  | (334 | ) |  |  | (6,847 | )
Income (loss) from operations |  |  | 6,335 |  |  |  | 4,927 |  |  |  | (6,211 | ) |  |  | 5,051 |
Non-operating income expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | (40 | ) |  |  | (1 | ) |  |  | (1,599 | ) |  |  | (1,640 | )
Total non-operating expense, net |  |  | (40 | ) |  |  | (1 | ) |  |  | (1,599 | ) |  |  | (1,640 | )
Income (loss) before income tax provision |  |  | 6,295 |  |  |  | 4,926 |  |  |  | (7,810 | ) |  |  | 3,411 |
Income tax provision |  |  | — |  |  |  | — |  |  |  | (611 | ) |  |  | (611 | )
Net income (loss) |  | $ | 6,295 |  |  | $ | 4,926 |  |  | $ | (8,421 | ) |  | $ | 2,800 |
|  | Six Months Ended June 30, 2017 |
(In thousands) |  | Distributed Gaming |  |  | Casinos |  |  | Corporate and Other |  |  | Consolidated |
Net revenues |  | $ | 166,446 |  |  | $ | 50,518 |  |  | $ | 175 |  |  | $ | 217,139 |
Adjusted EBITDA |  |  | 26,584 |  |  |  | 13,236 |  |  |  | (11,248 | ) |  |  | 28,572 |
Acquisition expenses |  |  | — |  |  |  | — |  |  |  | (2,066 | ) |  |  | (2,066 | )
Share-based compensation |  |  | — |  |  |  | — |  |  |  | (3,749 | ) |  |  | (3,749 | )
Preopening expenses |  |  | (609 | ) |  |  | — |  |  |  | (237 | ) |  |  | (846 | )
Litigation |  |  | — |  |  |  | — |  |  |  | (55 | ) |  |  | (55 | )
Depreciation and amortization |  |  | (9,576 | ) |  |  | (3,596 | ) |  |  | (788 | ) |  |  | (13,960 | )
Income (loss) from operations |  |  | 16,399 |  |  |  | 9,640 |  |  |  | (18,143 | ) |  |  | 7,896 |
Non-operating income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | (320 | ) |  |  | 39 |  |  |  | (3,402 | ) |  |  | (3,683 | )
Total non-operating income (expense), net |  |  | (320 | ) |  |  | 39 |  |  |  | (3,402 | ) |  |  | (3,683 | )
Income (loss) before income tax benefit (provision) |  |  | 16,079 |  |  |  | 9,679 |  |  |  | (21,545 | ) |  |  | 4,213 |
Income tax benefit |  |  | — |  |  |  | — |  |  |  | 2,842 |  |  |  | 2,842 |
Net income (loss) |  | $ | 16,079 |  |  | $ | 9,679 |  |  | $ | (18,703 | ) |  | $ | 7,055 |
|  | Six Months Ended June 30, 2016 |
(In thousands) |  | Distributed Gaming |  |  | Casinos |  |  | Corporate and Other |  |  | Consolidated |
Net revenues |  | $ | 146,349 |  |  | $ | 47,122 |  |  | $ | 121 |  |  | $ | 193,592 |
Adjusted EBITDA |  |  | 21,582 |  |  |  | 11,607 |  |  |  | (9,340 | ) |  |  | 23,849 |
Merger expenses |  |  | — |  |  |  | — |  |  |  | (475 | ) |  |  | (475 | )
Share-based compensation |  |  | — |  |  |  | — |  |  |  | (855 | ) |  |  | (855 | )
Preopening expenses |  |  | (989 | ) |  |  | — |  |  |  | (103 | ) |  |  | (1,092 | )
Depreciation and amortization |  |  | (8,295 | ) |  |  | (3,686 | ) |  |  | (658 | ) |  |  | (12,639 | )
Income (loss) from operations |  |  | 12,298 |  |  |  | 7,921 |  |  |  | (11,431 | ) |  |  | 8,788 |
Non-operating income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | (75 | ) |  |  | (1 | ) |  |  | (3,021 | ) |  |  | (3,097 | )
Other, net |  |  | — |  |  |  | — |  |  |  | 18 |  |  |  | 18 |
Total non-operating expense, net |  |  | (75 | ) |  |  | (1 | ) |  |  | (3,003 | ) |  |  | (3,079 | )
Income (loss) before income tax provision |  |  | 12,223 |  |  |  | 7,920 |  |  |  | (14,434 | ) |  |  | 5,709 |
Income tax provision |  |  | — |  |  |  | — |  |  |  | (670 | ) |  |  | (670 | )
Net income (loss) |  | $ | 12,223 |  |  | $ | 7,920 |  |  | $ | (15,104 | ) |  | $ | 5,039 |
Total Segment Assets The Company's assets by segment consisted of the following amounts:
(In thousands) |  | Distributed Gaming |  |  | Casinos |  |  | Corporate and Other |  |  | Eliminations |  |  | Consolidated |
Balance at June 30, 2017 |  | $ | 294,202 |  |  | $ | 104,780 |  |  | $ | 76,934 |  |  | $ | (53,398 | ) |  | $ | 422,518 |
Balance at December 31, 2016 |  | $ | 294,822 |  |  | $ | 108,418 |  |  | $ | 69,236 |  |  | $ | (53,398 | ) |  | $ | 419,078 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration