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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 228,529 $ 224,113
Accounts receivable, net 7,740 11,166
Prepaid expenses 7,078 7,407
Inventories 7,476 6,941
Income taxes receivable 0 538
Interest rate caplets 8,205 8,555
Investment in convertible notes 32,065 32,065
Other current assets 8,166 8,427
Total current assets 299,259 299,212
Property and equipment, net 225,758 211,844
Noncurrent assets:    
Route and customer acquisition costs, net 18,378 18,342
Location contracts acquired, net 185,083 189,343
Goodwill 101,554 100,707
Other intangible assets, net 22,370 22,979
Interest rate caplets, net of current 8,471 11,364
Other assets 9,455 8,978
Total noncurrent assets 345,311 351,713
Total assets 870,328 862,769
Current liabilities:    
Current maturities of debt 23,469 23,466
Current portion of route and customer acquisition costs payable 1,513 1,487
Accrued location gaming expense 6,614 7,791
Accrued state gaming expense 18,517 16,605
Accounts payable and other accrued expenses 28,287 22,302
Accrued compensation and related expenses 6,704 10,607
Current portion of consideration payable 7,760 7,647
Total current liabilities 92,864 89,905
Long-term liabilities:    
Debt, net of current maturities 514,146 518,566
Route and customer acquisition costs payable, less current portion 4,751 5,137
Consideration payable, less current portion 6,521 6,872
Contingent earnout share liability 27,890 23,288
Other long-term liabilities 3,164 3,390
Deferred income tax liability, net 38,506 37,021
Total long-term liabilities 594,978 594,274
Stockholders’ equity:    
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Class A-1 Common Stock, par value $0.0001; 250,000,000 shares authorized; 94,751,204 shares issued and 86,444,825 shares outstanding at March 31, 2023; 94,504,051 shares issued and 86,674,390 shares outstanding at December 31, 2022 9 9
Additional paid-in capital 195,243 194,157
Treasury stock, at cost (85,903) (81,697)
Accumulated other comprehensive income 10,074 12,240
Accumulated earnings 63,063 53,881
Total stockholders' equity 182,486 178,590
Total liabilities and stockholders' equity $ 870,328 $ 862,769