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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
REVENUES:        
Admissions, net $ 33,260 $ 35,695 $ 63,804 $ 65,750
Motorsports related 115,084 128,389 202,515 213,617
Food, beverage and merchandise 11,574 22,734 26,309 35,942
Other 4,092 3,493 7,934 6,791
Total revenues 164,010 190,311 300,562 322,100
Direct:        
Prize and point fund monies and NASCAR sanction fees 44,902 51,202 72,198 78,353
Motorsports related 34,090 35,291 57,588 58,115
Food, beverage and merchandise 8,962 17,436 21,405 27,538
General and administrative 27,400 27,635 53,536 52,015
Depreciation and amortization 24,757 22,788 48,766 45,561
Losses on asset retirements 4,682 1,220 6,261 3,440
Costs and Expenses, Total 144,793 155,572 259,754 265,022
Operating income (loss) 19,217 34,739 40,808 57,078
Interest income 25 59 44 82
Interest expense (2,602) (2,703) (4,070) (5,836)
Equity in net income from equity investments 4,502 2,795 7,746 4,414
Other 627 (86) 653 5,372
Income (loss) before income taxes 21,769 34,804 45,181 61,110
Income taxes 8,414 13,335 16,873 19,746
Net income (loss) $ 13,355 $ 21,469 $ 28,308 $ 41,364
Earnings per share:        
Basic and diluted (in dollars per share) $ 0.29 $ 0.46 $ 0.61 $ 0.89
Basic weighted average shares outstanding 46,603,052 46,535,179 46,593,547 46,525,303
Diluted weighted average shares outstanding 46,618,333 46,548,843 46,607,669 46,539,546