| 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 September 30, 2018 |
Statement of Operations |
As Reported |
|
Balances without Adoption of ASC 606 |
|
Effect of Change
Higher/(Lower)
|
Revenues |
|
|
|
|
|
Casino |
$ |
30,767 |
|
|
$ |
39,837 |
|
|
$ |
(9,070 |
) |
Food and beverage |
9,371 |
|
|
9,293 |
|
|
78 |
|
Hotel |
2,583 |
|
|
2,369 |
|
|
214 |
|
Promotional allowances |
— |
|
|
(8,315 |
) |
|
8,315 |
|
|
|
|
|
|
|
Costs and expenses |
|
|
|
|
|
Casino |
11,934 |
|
|
20,239 |
|
|
(8,305 |
) |
Food and beverage |
10,301 |
|
|
3,337 |
|
|
6,964 |
|
Hotel |
2,708 |
|
|
363 |
|
|
2,345 |
|
Other operations |
958 |
|
|
460 |
|
|
498 |
|
Selling, general and administrative |
11,769 |
|
|
13,736 |
|
|
(1,967 |
) |
Operating income |
3,734 |
|
|
3,732 |
|
|
2 |
|
Income before income taxes |
1,684 |
|
|
1,682 |
|
|
2 |
|
Net income |
1,565 |
|
|
1,563 |
|
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands, unaudited) |
|
|
|
|
|
|
Nine Months Ended September 30, 2018 |
Statement of Operations |
As Reported |
|
Balances without Adoption of ASC 606 |
|
Effect of Change
Higher/(Lower)
|
Revenues |
|
|
|
|
|
Casino |
$ |
86,369 |
|
|
$ |
111,063 |
|
|
$ |
(24,694 |
) |
Food and beverage |
26,093 |
|
|
25,877 |
|
|
216 |
|
Hotel |
7,448 |
|
|
6,828 |
|
|
620 |
|
Promotional allowances |
— |
|
|
(22,968 |
) |
|
22,968 |
|
|
|
|
|
|
|
Costs and expenses |
|
|
|
|
|
Casino |
34,300 |
|
|
57,184 |
|
|
(22,884 |
) |
Food and beverage |
29,184 |
|
|
9,527 |
|
|
19,657 |
|
Hotel |
7,847 |
|
|
981 |
|
|
6,866 |
|
Other operations |
2,306 |
|
|
1,287 |
|
|
1,019 |
|
Selling, general and administrative |
36,193 |
|
|
41,718 |
|
|
(5,525 |
) |
Operating income |
6,280 |
|
|
6,303 |
|
|
(23 |
) |
Loss before income taxes |
(3,026 |
) |
|
(3,003 |
) |
|
(23 |
) |
Net loss |
(3,382 |
) |
|
(3,359 |
) |
|
(23 |
) |
|