Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Net revenues $ 44,259 $ 44,028 $ 126,416 $ 123,186
Operating costs and expenses        
Selling, general and administrative 12,485 11,769 38,172 36,193
Preopening costs   140   140
Project development and acquisition costs 228 390 503 557
Depreciation and amortization 2,089 2,094 6,263 6,300
Loss on sale or disposal of assets, net 10   5 79
Total operating costs and expenses 40,865 40,294 119,831 116,906
Operating income 3,394 3,734 6,585 6,280
Other (expense) income        
Interest expense, net of $478 and $112 capitalized for the three-months ended September 30, 2019 and 2018, and $608 and $328 capitalized for the nine-months ended September 30, 2019 and 2018 (2,428) (2,513) (8,062) (7,519)
Loss on extinguishment of debt 0 0 0 (2,673)
Adjustment to fair value of warrants (262) 463 (161) 886
Total other (expense) income (2,690) (2,050) (8,223) (9,306)
Income (loss) before income taxes 704 1,684 (1,638) (3,026)
(Benefit) provision for income taxes (234) 119 51 356
Net income (loss) $ 938 $ 1,565 $ (1,689) $ (3,382)
Basic earnings (loss) per share (in dollars per share) $ 0.03 $ 0.06 $ (0.06) $ (0.13)
Diluted earnings (loss) per share (in dollars per share) $ 0.03 $ 0.04 $ (0.06) $ (0.16)
Casino        
Revenues        
Net revenues $ 30,644 $ 30,767 $ 87,392 $ 86,369
Operating costs and expenses        
Costs and expenses 12,188 11,934 35,565 34,300
Food and beverage        
Revenues        
Net revenues 9,262 9,371 26,783 26,093
Operating costs and expenses        
Costs and expenses 10,154 10,301 28,972 29,184
Hotel        
Revenues        
Net revenues 3,077 2,583 8,843 7,448
Operating costs and expenses        
Costs and expenses 2,522 2,708 7,321 7,847
Other operations        
Revenues        
Net revenues 1,276 1,307 3,398 3,276
Operating costs and expenses        
Costs and expenses $ 1,189 $ 958 $ 3,030 $ 2,306