Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and equivalents $ 14,480 $ 15,639
Accounts receivable, net of allowance for doubtful accounts of $195 and $513 1,602 1,573
Settlement receivable 500 0
Income tax receivable 0 3,095
Prepaid expenses 4,479 2,105
Other 726 728
Total current assets 21,787 23,140
Property and equipment, net 100,476 95,040
Other long-term assets    
Goodwill 16,480 16,480
Intangible assets, net of accumulated amortization of $7,194 and $6,195 2,335 3,382
Deposits 598 178
Loan fees, net of accumulated amortization of $4,637 and $3,827 2,096 2,650
Deferred tax asset 74 74
Total other long-term assets 21,583 22,764
Total assets 143,846 140,944
Current liabilities    
Accounts payable 3,898 4,102
Construction contracts payable 1,197 1,638
Accrued player club points and progressive jackpots 1,798 1,709
Accrued payroll and related 2,445 3,743
Other accrued expenses 2,891 3,704
Deferred tax liability 901 901
Current portion of capital lease obligation 668 690
Current portion of long-term debt 4,414 1,337
Total current liabilities 18,212 17,824
Long-term debt, net of current portion 63,943 59,294
Deferred tax liability 277 99
Capital lease obligation, net of current portion 5,871 6,230
Total liabilities $ 88,303 $ 83,447
Commitments and contingencies (Note 9)    
Stockholders’ equity    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 20,325,991 and 20,233,276 shares issued; 18,969,396 and 18,876,681 shares outstanding $ 2 $ 2
Additional paid-in capital 46,106 45,878
Treasury stock, 1,356,595 common shares (1,654) (1,654)
Retained earnings 11,089 13,271
Total stockholders' equity 55,543 57,497
Total liabilities and stockholders' equity $ 143,846 $ 140,944