XML 18 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL STATEMENT INFORMATION - STATEMENTS OF CASH FLOWS (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows provided by (used in) operating activities:    
Net income (loss) $ (44,157) $ 42,695
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:    
Depreciation and amortization 60,067 60,465
Accretion of discount to the relinquishment liability 1,654 3,730
Cash paid for accretion of discount to the relinquishment liability (2,071) (3,927)
Loss on early extinguishment of debt 58,481 403
Payments of tender offer costs and discounts (48,155) 0
Amortization of debt issuance costs and accretion of bond discounts 6,164 9,184
Amortization of net deferred gain on settlement of derivative instruments 0 (66)
Provision for losses on receivables 2,953 2,574
(Gain) loss on disposition of assets (12) 277
Loss from unconsolidated affiliates 794 1,698
Changes in operating assets and liabilities:    
Increase in receivables (5,389) (3,754)
(Increase) decrease in inventories (1,713) 68
(Increase) decrease in other assets (4,660) 5,285
Increase (decrease) in trade payables 7,671 (2,181)
Increase (decrease) in accrued interest 7,709 (21,967)
Increase (decrease) in other liabilities 8,987 (8,875)
Intercompany transactions 0  
Net cash flows provided by operating activities 48,323 85,609
Cash flows provided by (used in) investing activities:    
Purchases of property and equipment, net of change in construction payables (28,901) (39,185)
Issuance of third-party loans and advances (1,392) (1,655)
Payments received on third-party loans 606 103
(Increase) decrease in restricted cash, net 14,150 21,669
Proceeds from asset sales 105 171
Payment of deposits 0  
Investments in unconsolidated affiliates (29) (4,965)
Intercompany transactions 0  
Other cash flows provided by (used in) investing activities   (1,381)
Net cash flows used in investing activities (15,461) (23,862)
Cash flows provided by (used in) financing activities:    
Repayments to Mohegan Tribe (2,750) (7,462)
Repayments of other long-term debt (191,088) (15,798)
Principal portion of relinquishment liability payments (29,129) (27,951)
Distributions to Mohegan Tribe (32,500) (35,000)
Payments of financing fees (12,631) (3,491)
Payments on capital lease obligations (1,709) (2,838)
Intercompany transactions 0 (2,838)
Net cash flows used in financing activities (24,828) (95,540)
Net increase (decrease) in cash and cash equivalents 8,034 (33,793)
Cash and cash equivalents at beginning of period 63,624 114,084
Cash and cash equivalents at end of period 71,658 80,291
Credit Facility | Prior Bank Credit Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 (3,000)
Credit Facility/Line of Credit borrowings 0 3,000
Credit Facility | Bank Credit Facility - Term
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (393,000) (3,000)
Credit Facility | Prior Term Loan Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (222,103) 0
Credit Facility | Senior Secured Credit Facility - Revolving
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (173,000) 0
Credit Facility/Line of Credit borrowings 193,000 0
Credit Facility | Senior Secured Credit Facility - Term Loan A
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (1,563) 0
Credit Facility/Line of Credit borrowings 124,343 0
Credit Facility | Senior Secured Credit Facility - Term Loan B
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (3,650) 0
Credit Facility/Line of Credit borrowings 720,952 0
Credit Facility | Line of Credit
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (258,415) 0
Credit Facility/Line of Credit borrowings 258,415 0
Authority
   
Cash flows provided by (used in) operating activities:    
Net income (loss) (43,736) 45,462
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:    
Depreciation and amortization 49,091 50,444
Accretion of discount to the relinquishment liability 1,654 3,730
Cash paid for accretion of discount to the relinquishment liability (2,071)  
Loss on early extinguishment of debt 58,481  
Payments of tender offer costs and discounts (48,155)  
Amortization of debt issuance costs and accretion of bond discounts 5,925  
Provision for losses on receivables 877  
(Gain) loss on disposition of assets (15)  
Loss from unconsolidated affiliates (154)  
Changes in operating assets and liabilities:    
Increase in receivables (3,409)  
(Increase) decrease in inventories (1,342)  
(Increase) decrease in other assets 992  
Increase (decrease) in trade payables 6,288  
Increase (decrease) in accrued interest 9,114  
Increase (decrease) in other liabilities 1,231  
Intercompany transactions (6,466)  
Net cash flows provided by operating activities 28,305 56,345
Cash flows provided by (used in) investing activities:    
Purchases of property and equipment, net of change in construction payables (14,680) (19,298)
Issuance of third-party loans and advances 0  
Payments received on third-party loans 606  
(Increase) decrease in restricted cash, net 44 0
Proceeds from asset sales 105  
Payment of deposits 0  
Investments in unconsolidated affiliates 0 0
Intercompany transactions 19,812  
Other cash flows provided by (used in) investing activities   53,662
Net cash flows used in investing activities 5,887 34,364
Cash flows provided by (used in) financing activities:    
Repayments to Mohegan Tribe 0 0
Repayments of other long-term debt (191,049) (15,775)
Principal portion of relinquishment liability payments (29,129) (27,951)
Distributions to Mohegan Tribe (32,500) (35,000)
Payments of financing fees (12,631) (3,291)
Payments on capital lease obligations (1,709)  
Intercompany transactions 0 (39,371)
Net cash flows used in financing activities (22,039) (124,388)
Net increase (decrease) in cash and cash equivalents 12,153 (33,679)
Cash and cash equivalents at beginning of period 44,060 91,836
Cash and cash equivalents at end of period 56,213 58,157
Authority | Credit Facility | Prior Bank Credit Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments   (3,000)
Credit Facility/Line of Credit borrowings   3,000
Authority | Credit Facility | Bank Credit Facility - Term
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (393,000) (3,000)
Authority | Credit Facility | Prior Term Loan Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (222,103)  
Authority | Credit Facility | Senior Secured Credit Facility - Revolving
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (173,000)  
Credit Facility/Line of Credit borrowings 193,000  
Authority | Credit Facility | Senior Secured Credit Facility - Term Loan A
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (1,563)  
Credit Facility/Line of Credit borrowings 124,343  
Authority | Credit Facility | Senior Secured Credit Facility - Term Loan B
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (3,650)  
Credit Facility/Line of Credit borrowings 720,952  
Authority | Credit Facility | Line of Credit
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments (258,415)  
Credit Facility/Line of Credit borrowings 258,415  
Total Guarantor Subsidiaries
   
Cash flows provided by (used in) operating activities:    
Net income (loss) (22,024) [1] (6,478) [1]
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:    
Depreciation and amortization 10,318 [1] 10,021 [1]
Accretion of discount to the relinquishment liability 0 [1] 0 [1]
Cash paid for accretion of discount to the relinquishment liability 0 [1]  
Loss on early extinguishment of debt 0 [1]  
Payments of tender offer costs and discounts 0 [1]  
Amortization of debt issuance costs and accretion of bond discounts 0 [1]  
Provision for losses on receivables 183 [1]  
(Gain) loss on disposition of assets 3 [1]  
Loss from unconsolidated affiliates 0 [1]  
Changes in operating assets and liabilities:    
Increase in receivables (1,849) [1]  
(Increase) decrease in inventories (371) [1]  
(Increase) decrease in other assets (229) [1]  
Increase (decrease) in trade payables 1,382 [1]  
Increase (decrease) in accrued interest 0 [1]  
Increase (decrease) in other liabilities 2,562 [1]  
Intercompany transactions 46,421 [1]  
Net cash flows provided by operating activities 36,396 [1] 38,754 [1]
Cash flows provided by (used in) investing activities:    
Purchases of property and equipment, net of change in construction payables (3,382) [1] (3,570) [1]
Issuance of third-party loans and advances 0 [1]  
Payments received on third-party loans 0 [1]  
(Increase) decrease in restricted cash, net 2,063 [1] 2,727 [1]
Proceeds from asset sales 0 [1]  
Payment of deposits 0 [1]  
Investments in unconsolidated affiliates 0 [1] 0 [1]
Intercompany transactions (21,079) [1]  
Other cash flows provided by (used in) investing activities   (15,257) [1]
Net cash flows used in investing activities (22,398) [1] (16,100) [1]
Cash flows provided by (used in) financing activities:    
Repayments to Mohegan Tribe 0 [1] 0 [1]
Repayments of other long-term debt 0 [1] 0 [1]
Principal portion of relinquishment liability payments 0 [1] 0 [1]
Distributions to Mohegan Tribe 0 [1] 0 [1]
Payments of financing fees 0 [1] 0 [1]
Payments on capital lease obligations (28) [1]  
Intercompany transactions (20,728) [1] (22,866) [1]
Net cash flows used in financing activities (20,756) [1] (22,866) [1]
Net increase (decrease) in cash and cash equivalents (6,758) [1] (212) [1]
Cash and cash equivalents at beginning of period 18,655 [1] 21,757 [1]
Cash and cash equivalents at end of period 11,897 [1] 21,545 [1]
Total Guarantor Subsidiaries | Credit Facility | Prior Bank Credit Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments   0 [1]
Credit Facility/Line of Credit borrowings   0 [1]
Total Guarantor Subsidiaries | Credit Facility | Bank Credit Facility - Term
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [1] 0 [1]
Total Guarantor Subsidiaries | Credit Facility | Prior Term Loan Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [1]  
Total Guarantor Subsidiaries | Credit Facility | Senior Secured Credit Facility - Revolving
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [1]  
Credit Facility/Line of Credit borrowings 0 [1]  
Total Guarantor Subsidiaries | Credit Facility | Senior Secured Credit Facility - Term Loan A
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [1]  
Credit Facility/Line of Credit borrowings 0 [1]  
Total Guarantor Subsidiaries | Credit Facility | Senior Secured Credit Facility - Term Loan B
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [1]  
Credit Facility/Line of Credit borrowings 0 [1]  
Total Guarantor Subsidiaries | Credit Facility | Line of Credit
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [1]  
Credit Facility/Line of Credit borrowings 0 [1]  
Total Non-Guarantor Subsidiaries and Entities
   
Cash flows provided by (used in) operating activities:    
Net income (loss) (21,781) [2] (13,707) [2]
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:    
Depreciation and amortization 658 [2] 0 [2]
Accretion of discount to the relinquishment liability 0 [2] 0 [2]
Cash paid for accretion of discount to the relinquishment liability 0 [2]  
Loss on early extinguishment of debt 0 [2]  
Payments of tender offer costs and discounts 0 [2]  
Amortization of debt issuance costs and accretion of bond discounts 239 [2]  
Provision for losses on receivables 1,893 [2]  
(Gain) loss on disposition of assets 0 [2]  
Loss from unconsolidated affiliates 948 [2]  
Changes in operating assets and liabilities:    
Increase in receivables (688) [2]  
(Increase) decrease in inventories 0 [2]  
(Increase) decrease in other assets (5,387) [2]  
Increase (decrease) in trade payables 1 [2]  
Increase (decrease) in accrued interest (1,405) [2]  
Increase (decrease) in other liabilities 5,749 [2]  
Intercompany transactions 3,423 [2]  
Net cash flows provided by operating activities (16,350) [2] (9,490) [2]
Cash flows provided by (used in) investing activities:    
Purchases of property and equipment, net of change in construction payables (10,839) [2] (16,317) [2]
Issuance of third-party loans and advances (1,392) [2]  
Payments received on third-party loans 0 [2]  
(Increase) decrease in restricted cash, net 12,043 [2] 18,942 [2]
Proceeds from asset sales 0 [2]  
Payment of deposits 0 [2]  
Investments in unconsolidated affiliates (29) [2] (4,965) [2]
Intercompany transactions 0 [2]  
Other cash flows provided by (used in) investing activities   (1,655) [2]
Net cash flows used in investing activities (217) [2] (3,995) [2]
Cash flows provided by (used in) financing activities:    
Repayments to Mohegan Tribe (2,750) [2] (7,462) [2]
Repayments of other long-term debt (39) [2] (23) [2]
Principal portion of relinquishment liability payments 0 [2] 0 [2]
Distributions to Mohegan Tribe 0 [2] 0 [2]
Payments of financing fees 0 [2] (200) [2]
Payments on capital lease obligations 0 [2]  
Intercompany transactions 21,995 [2] 21,268 [2]
Net cash flows used in financing activities 19,206 [2] 13,583 [2]
Net increase (decrease) in cash and cash equivalents 2,639 [2] 98 [2]
Cash and cash equivalents at beginning of period 909 [2] 491 [2]
Cash and cash equivalents at end of period 3,548 [2] 589 [2]
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Prior Bank Credit Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments   0 [2]
Credit Facility/Line of Credit borrowings   0 [2]
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Bank Credit Facility - Term
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [2] 0 [2]
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Prior Term Loan Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [2]  
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Senior Secured Credit Facility - Revolving
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [2]  
Credit Facility/Line of Credit borrowings 0 [2]  
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Senior Secured Credit Facility - Term Loan A
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [2]  
Credit Facility/Line of Credit borrowings 0 [2]  
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Senior Secured Credit Facility - Term Loan B
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [2]  
Credit Facility/Line of Credit borrowings 0 [2]  
Total Non-Guarantor Subsidiaries and Entities | Credit Facility | Line of Credit
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 [2]  
Credit Facility/Line of Credit borrowings 0 [2]  
Consolidating/Eliminating Adjustments
   
Cash flows provided by (used in) operating activities:    
Net income (loss) 43,384 17,418
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:    
Depreciation and amortization 0 0
Accretion of discount to the relinquishment liability 0 0
Cash paid for accretion of discount to the relinquishment liability 0  
Loss on early extinguishment of debt 0  
Payments of tender offer costs and discounts 0  
Amortization of debt issuance costs and accretion of bond discounts 0  
Provision for losses on receivables 0  
(Gain) loss on disposition of assets 0  
Loss from unconsolidated affiliates 0  
Changes in operating assets and liabilities:    
Increase in receivables 557  
(Increase) decrease in inventories 0  
(Increase) decrease in other assets (36)  
Increase (decrease) in trade payables 0  
Increase (decrease) in accrued interest 0  
Increase (decrease) in other liabilities (555)  
Intercompany transactions (43,378)  
Net cash flows provided by operating activities (28) 0
Cash flows provided by (used in) investing activities:    
Purchases of property and equipment, net of change in construction payables 0 0
Issuance of third-party loans and advances 0  
Payments received on third-party loans 0  
(Increase) decrease in restricted cash, net 0 0
Proceeds from asset sales 0  
Payment of deposits 0  
Investments in unconsolidated affiliates 0 0
Intercompany transactions 1,267  
Other cash flows provided by (used in) investing activities   (38,131)
Net cash flows used in investing activities 1,267 (38,131)
Cash flows provided by (used in) financing activities:    
Repayments to Mohegan Tribe 0 0
Repayments of other long-term debt 0 0
Principal portion of relinquishment liability payments 0 0
Distributions to Mohegan Tribe 0 0
Payments of financing fees 0 0
Payments on capital lease obligations 28  
Intercompany transactions (1,267) 38,131
Net cash flows used in financing activities (1,239) 38,131
Net increase (decrease) in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Consolidating/Eliminating Adjustments | Credit Facility | Prior Bank Credit Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments   0
Credit Facility/Line of Credit borrowings   0
Consolidating/Eliminating Adjustments | Credit Facility | Bank Credit Facility - Term
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0 0
Consolidating/Eliminating Adjustments | Credit Facility | Prior Term Loan Facility
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0  
Consolidating/Eliminating Adjustments | Credit Facility | Senior Secured Credit Facility - Revolving
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0  
Credit Facility/Line of Credit borrowings 0  
Consolidating/Eliminating Adjustments | Credit Facility | Senior Secured Credit Facility - Term Loan A
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0  
Credit Facility/Line of Credit borrowings 0  
Consolidating/Eliminating Adjustments | Credit Facility | Senior Secured Credit Facility - Term Loan B
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0  
Credit Facility/Line of Credit borrowings 0  
Consolidating/Eliminating Adjustments | Credit Facility | Line of Credit
   
Cash flows provided by (used in) financing activities:    
Credit Facility/Line of Credit repayments 0  
Credit Facility/Line of Credit borrowings $ 0  
[1] Includes the Pocono Downs Subsidiaries, MBC, Mohegan Golf, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.
[2] Includes MGA and subsidiaries, Downs Lodging, Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.