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Quarterly Results of Operations (Unaudited) | 12 Months Ended
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Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results of Operations (Unaudited) | 15. Quarterly Results of Operations (Unaudited) The following tables summarize unaudited quarterly data for fiscal 2017, 2016 and 2015 (in thousands, except per share data):
|  | For the Three Months Ended |
|  | December 31, 2016 |  |  | March 31, 2017 |  |  | June 30, 2017 |  |  | September 30, 2017(4) |
Revenues |  | $ | 33,739 |  |  | $ | 34,518 |  |  | $ | 37,429 |  |  | $ | 39,210 |
Income from operations(1) |  | $ | 6,333 |  |  | $ | 7,487 |  |  | $ | 7,883 |  |  | $ | 1,436 |
Net income (loss) attributable to RCIHH shareholders(1) |  | $ | 2,898 |  |  | $ | 3,759 |  |  | $ | 3,841 |  |  | $ | (2,239 | )
Earnings (loss) per share attributable to RCIHH shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.30 |  |  | $ | 0.39 |  |  | $ | 0.40 |  |  | $ | (0.23 | )
Diluted |  | $ | 0.30 |  |  | $ | 0.39 |  |  | $ | 0.40 |  |  | $ | (0.23 | )
Weighted average number of common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 9,768 |  |  |  | 9,719 |  |  |  | 9,719 |  |  |  | 9,719 |
Diluted |  |  | 9,814 |  |  |  | 9,721 |  |  |  | 9,719 |  |  |  | 9,719 |
|  | For the Three Months Ended |
|  | December 31, 2015 |  |  | March 31, 2016 |  |  | June 30, 2016 |  |  | September 30, 2016 |
Revenues |  | $ | 33,475 |  |  | $ | 34,396 |  |  | $ | 33,952 |  |  | $ | 33,037 |
Income from operations(2) |  | $ | 5,717 |  |  | $ | 7,550 |  |  | $ | 6,657 |  |  | $ | 769 |
Net income attributable to RCIHH shareholders(2) |  | $ | 2,552 |  |  | $ | 5,505 |  |  | $ | 2,653 |  |  | $ | 508 |
Earnings per share attributable to RCIHH shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.25 |  |  | $ | 0.55 |  |  | $ | 0.27 |  |  | $ | 0.05 |
Diluted |  | $ | 0.25 |  |  | $ | 0.54 |  |  | $ | 0.27 |  |  | $ | 0.05 |
Weighted average number of common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 10,296 |  |  |  | 10,013 |  |  |  | 9,906 |  |  |  | 9,839 |
Diluted |  |  | 10,635 |  |  |  | 10,215 |  |  |  | 10,047 |  |  |  | 9,840 |
|  | For the Three Months Ended |
|  | December 31, 2014 |  |  | March 31, 2015 |  |  | June 30, 2015 |  |  | September 30, 2015 |
Revenues |  | $ | 34,204 |  |  | $ | 34,989 |  |  | $ | 33,466 |  |  | $ | 32,790 |
Income (loss) from operations(3) |  | $ | 6,140 |  |  | $ | (2,616 | ) |  | $ | 14,152 |  |  | $ | 3,051 |
Net income (loss) attributable to RCIHH shareholders(3) |  | $ | 3,360 |  |  | $ | (2,841 | ) |  | $ | 8,267 |  |  | $ | 428 |
Earnings (loss) per share attributable to RCIHH shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.33 |  |  | $ | (0.28 | ) |  | $ | 0.81 |  |  | $ | 0.04 |
Diluted |  | $ | 0.32 |  |  | $ | (0.28 | ) |  | $ | 0.78 |  |  | $ | 0.04 |
Weighted average number of common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 10,264 |  |  |  | 10,275 |  |  |  | 10,245 |  |  |  | 10,363 |
Diluted |  |  | 10,929 |  |  |  | 10,275 |  |  |  | 10,707 |  |  |  | 10,363 |
| (1) | Fiscal year 2017 income from operations and net income attributable to RCIHH shareholders included $7.6 million in asset impairment ($1.4 million in the third quarter and $6.2 in the fourth quarter) and $1.3 million additional income tax expense due to change in deferred tax liability rate in the fourth quarter. Quarterly effective income tax expense rate was 33.3%, 33.7%, 32.9% and 99.6% from first to fourth quarter, respectively.
| (2) | Fiscal year 2016 income from operations and net income attributable to RCIHH shareholders included $3.5 million in asset impairment in the fourth quarter; and $1.9 million in settlement of lawsuits (significant of which were $540,000 in the first quarter and $1.1 million in the fourth quarter). Quarterly effective income tax expense (benefit) rate was 35.9%, 5.2%, 43.0% and (109.0%) from first to fourth quarter, respectively.
| (3) | Fiscal year 2015 income (loss) from operations and net income (loss) attributable to RCIHH shareholders included $1.7 million in asset impairments ($1.4 million in the first quarter and $347,000 in the fourth quarter; $11.7 million in settlement of lawsuits (significant of which were $10.3 million in the second quarter and $1.1 million in the fourth quarter; and $8.2 million in gain on settlement of patron tax in the third quarter. Quarterly effective income tax expense (benefit) rate was 36.1%, (28.9%), 35.5% and 11.9% from first to fourth quarter, respectively.
| (4) | The fourth quarter of 2016 and 2015 presented above includes the impact of the revisions discussed in Note 3.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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