XML 85 R71.htm IDEA: XBRL DOCUMENT v3.20.4
Business and Asset Acquisitions - Narrative (Details)
$ in Thousands
2 Months Ended 3 Months Ended 4 Months Ended 5 Months Ended 12 Months Ended
Dec. 30, 2020
USD ($)
terminal
location
installment_payment
Aug. 06, 2020
USD ($)
location
Jul. 22, 2020
USD ($)
Sep. 23, 2019
USD ($)
location
terminal
Sep. 16, 2019
USD ($)
terminal
installment_payment
location
Oct. 16, 2018
location
Aug. 01, 2018
location
Dec. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2020
USD ($)
terminal
location
installment_payment
Dec. 31, 2019
USD ($)
location
terminal
Dec. 31, 2018
USD ($)
Oct. 31, 2018
location
Sep. 01, 2018
location
Business Acquisition [Line Items]                                
Total consideration                           $ 63,745    
Cash purchase price                       $ 35,769 $ 100,857 51,394    
Contingent consideration                       $ 1,400        
Location contracts acquired               $ 55,142 $ 55,142 $ 55,142 $ 55,142     55,142    
Cash               3,633 3,633 3,633 3,633     3,633    
Number of video gaming locations | location                       2,435 2,312      
Number of video gaming terminals | terminal                       12,247 10,499      
Contingent consideration                           5,350    
Remeasurement of contingent consideration                       $ (584) $ 6,723 852    
Revenues                       327,090 466,466 409,142    
Net (loss) income                       (13,200) (2,598) 16,098    
Amortization of route and customer acquisition costs and location contracts acquired                       22,608 17,975 14,681    
Illinois Operators Inc                                
Business Acquisition [Line Items]                                
Number of video gaming locations | location   13                            
Asset acquisition, consideration transferred   $ 4,000                            
Cash payment for asset acquisition   3,700                            
Asset acquisition, notes payable assumed   300                            
Video game terminals and equipment acquired   600                            
Location contracts acquired   $ 3,400                            
IGS                                
Business Acquisition [Line Items]                                
Number of video gaming locations | location       29                        
Cash payment for asset acquisition       $ 2,400                        
Video game terminals and equipment acquired       1,700                        
Location contracts acquired       $ 3,000                        
Number of video gaming terminals | terminal       139                        
Note payable       $ 2,300                        
IGS | Notes Payable                                
Business Acquisition [Line Items]                                
Interest rate       5.00%                        
Tom's Amusements                                
Business Acquisition [Line Items]                                
Total consideration     $ 3,600                          
Cash purchase price     2,100                          
Contingent consideration liability     $ 1,500                          
Business combination, contingent consideration arrangement, first installment term     18 months                          
Business combination, contingent consideration arrangement, second installment term     24 months                          
Business combination, contingent consideration arrangement, installment     $ 750                          
Business combination, equipment acquired     1,600                          
Location contracts acquired     800                          
Indefinite-lived gaming license intangible assets acquired     1,000                          
Cash     $ 200                          
AVG                                
Business Acquisition [Line Items]                                
Total consideration $ 32,028                              
Location contracts acquired 17,500                              
Cash 504                              
Cash payment, before additional payment for working capital adjustment 30,522                              
Contingent consideration $ 1,506                              
Number of installment payments | installment_payment 2                              
Revenues                       1,400        
Net (loss) income                       (800)        
AVG | Contingent Consideration, Installment One                                
Business Acquisition [Line Items]                                
Location contracts acquired $ 900                              
AVG | Contingent Consideration, Installment Two                                
Business Acquisition [Line Items]                                
Location contracts acquired $ 1,400                              
Grand River Jackpot                                
Business Acquisition [Line Items]                                
Total consideration         $ 113,714                      
Location contracts acquired         53,200                      
Cash         $ 8,861                      
Number of video gaming locations | location 49       450                      
Number of video gaming terminals | terminal 267       2,009                      
Cash payment, before additional payment for working capital adjustment         $ 100,000                      
Payments to acquire businesses, gross, working capital adjustment         6,600                      
Contingent consideration         $ 7,136                      
Number of installment payments | installment_payment         2                      
Acquisition related costs                         200      
Revenues                         16,600      
Net (loss) income                         1,200      
Grand River Jackpot | Contingent Consideration, Installment One                                
Business Acquisition [Line Items]                                
Maximum amount to be paid for contingent consideration         $ (2,500)                      
Grand River Jackpot | Contingent Consideration, Installment One | COVID-19                                
Business Acquisition [Line Items]                                
Remeasurement of contingent consideration                       2,500        
Grand River Jackpot | Contingent Consideration, Installment Two                                
Business Acquisition [Line Items]                                
Maximum amount to be paid for contingent consideration         $ (7,000)                      
Quad B                                
Business Acquisition [Line Items]                                
Total consideration                           610    
Location contracts acquired               138 138 138 138     138    
Cash               0 0 0 0     0    
Number of video gaming locations | location                               61
Contingent consideration                           0    
Revenues                   100            
Net (loss) income                   100            
Skyhigh                                
Business Acquisition [Line Items]                                
Total consideration                           14,210    
Contingent consideration liability                       6,400 4,700      
Location contracts acquired               12,519 12,519 12,519 12,519     12,519    
Cash               1,126 1,126 1,126 1,126     1,126    
Number of video gaming locations | location             23                  
Contingent consideration                           4,324    
Revenues                     3,900          
Net (loss) income                     1,100          
Contingent consideration, placed in operation period             5 years                  
Contingent consideration, percentage of adjusted net terminal income             18.44%                  
Contingent consideration, final payment ratio             1.75%                  
Skyhigh | Payments made monthly                                
Business Acquisition [Line Items]                                
Contingent consideration, payment period             2 years                  
Skyhigh | Frequency of payments after the first two years                                
Business Acquisition [Line Items]                                
Contingent consideration, payment period             3 months                  
Skyhigh | Payments made every three years                                
Business Acquisition [Line Items]                                
Contingent consideration, payment period             3 years                  
G3                                
Business Acquisition [Line Items]                                
Total consideration                           40,545    
Contingent consideration liability                       500 3,100      
Location contracts acquired               34,825 34,825 34,825 34,825     34,825    
Cash               2,507 2,507 2,507 2,507     2,507    
Number of video gaming locations | location           87                    
Contingent consideration                           1,026    
Revenues                 4,300              
Net (loss) income                 800              
Contingent consideration, placed in operation period           3 years                    
Mike's Amusement                                
Business Acquisition [Line Items]                                
Total consideration                           3,500    
Location contracts acquired               3,080 3,080 3,080 3,080     3,080    
Cash               0 0 0 0     0    
Number of video gaming locations | location           73                    
Contingent consideration                           0    
Revenues                 200              
Net (loss) income                 100              
Family Amusement                                
Business Acquisition [Line Items]                                
Total consideration                           4,880    
Contingent consideration liability                       $ 3,000 $ 3,100      
Location contracts acquired               4,580 4,580 4,580 4,580     4,580    
Cash               0 $ 0 $ 0 $ 0     0    
Number of video gaming locations | location                             139  
Contingent consideration                           0    
Number of installment payments | installment_payment                       3        
Revenues               100                
Net (loss) income               $ 100                
Promissory note, due from 2019 to 2021                       $ 400        
Promissory note, installment due in 2022                       700        
Promissory note, installment due in 2023                       $ 2,100        
Amortization of route and customer acquisition costs and location contracts acquired                           $ 100