Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION (Tables)

v3.5.0.2
ACQUISITION (Tables)
 9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes our preliminary estimates of the fair values of the assets acquired and liabilities assumed at the acquisition date:
(In thousands, unaudited)
 
 
 
 
 
Cash and equivalents
 
$
2,682

Other current assets
 
258

Property and equipment
 
16,694

Goodwill
4,799

Gaming licenses
 
7,000

Trade names
 
1,800

Total assets
 
33,233

 
 
 
Current liabilities
 
2,182

Total liabilities
 
2,182

 
 
 
Estimated net assets acquired
 
$
31,051

Business Acquisition, Pro Forma Information
The pro forma results do not include any anticipated synergies or other expected benefits from the acquisition.
Pro Forma Consolidated Statement of Operations
(In thousands, unaudited)
 
 
 
 
 
For the three months ended
 
For the nine months ended
 
September 30,
2016
 
September 30,
2015
 
September 30,
2016
 
September 30,
2015
 
 
 
 
 
 
 
 
Net revenues
$
41,756

 
$
41,889

 
$
117,822

 
$
114,063

Net income (loss)
208

 
3,144

 
(3,213
)
 
(949
)
Basic income (loss) per share
0.01

 
0.17

 
(0.17
)
 
(0.05
)
Diluted income (loss) per share
—

 
0.17

 
(0.17
)
 
(0.05
)