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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
May 31, 2014
May 31, 2013
May 31, 2014
May 31, 2013
REVENUES:        
Admissions, net $ 35,695 $ 35,778 $ 65,750 $ 66,515
Motorsports related 128,389 126,046 213,617 210,651
Food, beverage and merchandise 22,734 12,734 35,942 22,908
Other 3,493 3,816 6,791 6,852
Total revenues 190,311 178,374 322,100 306,926
Direct:        
Prize and point fund monies and NASCAR sanction fees 51,202 50,144 78,353 76,489
Motorsports related 35,291 34,889 58,115 57,191
Food, beverage and merchandise 17,436 9,492 27,538 16,775
General and administrative 27,635 26,363 52,015 52,451
Depreciation and amortization 22,788 19,658 45,561 39,500
Losses on asset retirements 1,220 748 3,440 2,293
Costs and Expenses, Total 155,572 141,294 265,022 244,699
Operating income (loss) 34,739 37,080 57,078 62,227
Interest income 59 19 82 39
Interest expense (2,703) (3,879) (5,836) (7,841)
Equity in net income from equity investments 2,795 3,231 4,414 4,251
Other (86) 2 5,372 2
Income (loss) before income taxes 34,804 36,453 61,110 58,678
Income taxes 13,335 14,013 19,746 22,725
Net income (loss) $ 21,469 $ 22,440 $ 41,364 $ 35,953
Common Stock, Dividends, Per Share, Cash Paid $ 0.24 $ 0.22 $ 0.24 $ 0.22
Earnings per share:        
Basic and diluted $ 0.46 $ 0.48 $ 0.89 $ 0.77
Basic weighted average shares outstanding 46,535,179 46,446,993 46,525,303 46,435,289
Diluted weighted average shares outstanding 46,548,843 46,464,051 46,539,546 46,450,567