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Unaudited Summarized Quarterly Data
12 Months Ended
Dec. 31, 2020
Unaudited Summarized Quarterly Data [Abstract]  
Unaudited Summarized Quarterly Data 19.  UNAUDITED SUMMARIZED QUARTERLY DATA

Summarized quarterly financial data for 2020 and 2019 are as follows:

For the year ended December 31, 2020

Amounts in thousands, except for per share information:

1st Quarter (1)

2nd Quarter (2)

3rd Quarter

4th Quarter (3)

Net operating revenue

$

87,656

$

36,103

$

95,706

$

84,801

(Loss) earnings from operations

(31,772)

(2,114)

15,014

18,747

Net (loss) earnings

(45,661)

(13,197)

3,956

6,766

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

(45,856)

(12,607)

3,748

6,713

Basic (loss) earnings per share:

(Loss) earnings from operations

$

(1.08)

$

(0.07)

$

0.51

$

0.63

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

$

(1.55)

$

(0.43)

$

0.13

$

0.23

Diluted (loss) earnings per share:

(Loss) earnings from operations

$

(1.08)

$

(0.07)

$

0.51

$

0.63

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

$

(1.55)

$

(0.43)

$

0.13

$

0.22

For the year ended December 31, 2019

Amounts in thousands, except for per share information:

1st Quarter

2nd Quarter (4)

3rd Quarter

4th Quarter (5)

Net operating revenue

$

45,613

$

52,445

$

52,935

$

67,236

Earnings (loss) from operations

3,446

2,598

3,480

(14,745)

Net earnings (loss)

1,723

358

1,047

(19,269)

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

1,068

(565)

482

(20,140)

Basic earnings per share:

Earnings (loss) from operations

$

0.12

$

0.09

$

0.12

$

(0.50)

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

0.04

$

(0.02)

$

0.02

$

(0.68)

Diluted earnings per share:

Earnings (loss) from operations

$

0.11

$

0.09

$

0.12

$

(0.50)

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

0.04

$

(0.02)

$

0.02

$

(0.68)

(1)The Company impaired assets related to goodwill and intangible assets due to triggering events caused by COVID-19. See Notes 4 and 6.

(2)The Company’s casinos were temporarily closed during the quarter and the Company permanently closed CCB and deconsolidated CCB. See Note 1.

(3)The Company sold the casino operations of CAL. See Note 1. Casinos in Canada and Poland were temporarily closed in December 2020 to comply with quarantines issued by governments to contain the spread of COVID-19.

(4)CMR began operating in April 2019.

(5)The Company completed the Acquisition in December 2019. See Note 3. In addition, the Company impaired assets related to CCB in December 2019. See Notes 5, 6 and 10.