| Schedule of New Accounting Pronouncements and Changes in Accounting Principles |
The impact of adoption on our consolidated statement of operations is shown below. Note that we did not present any balance sheet effects, as the amounts are immaterial.
|
|
|
|
|
|
|
|
|
|
|
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|
(In thousands, unaudited) |
|
|
|
|
|
|
Three Months Ended June 30, 2018 |
Statement of Operations |
As Reported |
|
Balances without Adoption of ASC 606 |
|
Effect of Change
Higher/(Lower)
|
Revenues |
|
|
|
|
|
Casino |
$ |
28,632 |
|
|
$ |
36,713 |
|
|
$ |
(8,081 |
) |
Food and beverage |
8,783 |
|
|
8,704 |
|
|
79 |
|
Hotel |
2,582 |
|
|
2,376 |
|
|
206 |
|
Promotional allowances |
— |
|
|
(7,733 |
) |
|
7,733 |
|
|
|
|
|
|
|
Costs and expenses |
|
|
|
|
|
Casino |
11,282 |
|
|
18,675 |
|
|
(7,393 |
) |
Food and beverage |
9,757 |
|
|
3,124 |
|
|
6,633 |
|
Hotel |
2,652 |
|
|
389 |
|
|
2,263 |
|
Other operations |
834 |
|
|
505 |
|
|
329 |
|
Selling, general and administrative |
12,462 |
|
|
14,352 |
|
|
(1,890 |
) |
Operating income |
2,003 |
|
|
2,008 |
|
|
(5 |
) |
Loss before income taxes |
(543 |
) |
|
(538 |
) |
|
(5 |
) |
Net loss |
(661 |
) |
|
(656 |
) |
|
(5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands, unaudited) |
|
|
|
|
|
|
Six Months Ended June 30, 2018 |
Statement of Operations |
As Reported |
|
Balances without Adoption of ASC 606 |
|
Effect of Change
Higher/(Lower)
|
Revenues |
|
|
|
|
|
Casino |
$ |
55,602 |
|
|
$ |
71,226 |
|
|
$ |
(15,624 |
) |
Food and beverage |
16,722 |
|
|
16,584 |
|
|
138 |
|
Hotel |
4,865 |
|
|
4,459 |
|
|
406 |
|
Promotional allowances |
— |
|
|
(14,653 |
) |
|
14,653 |
|
|
|
|
|
|
|
Costs and expenses |
|
|
|
|
|
Casino |
22,366 |
|
|
36,945 |
|
|
(14,579 |
) |
Food and beverage |
18,883 |
|
|
6,190 |
|
|
12,693 |
|
Hotel |
5,139 |
|
|
618 |
|
|
4,521 |
|
Other operations |
1,348 |
|
|
827 |
|
|
521 |
|
Selling, general and administrative |
24,424 |
|
|
27,982 |
|
|
(3,558 |
) |
Operating income |
2,546 |
|
|
2,571 |
|
|
(25 |
) |
Loss before income taxes |
(4,710 |
) |
|
(4,685 |
) |
|
(25 |
) |
Net loss |
(4,947 |
) |
|
(4,922 |
) |
|
(25 |
) |
|