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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
REVENUES:        
Admissions, net $ 28,662 $ 30,473 $ 59,997 $ 62,328
Motorsports and other event related 122,322 121,002 225,834 219,725
Food, beverage and merchandise 9,517 10,289 18,659 18,605
Other 4,774 5,797 8,739 9,533
Total revenues 165,275 167,561 313,229 310,191
Direct:        
NASCAR event management fees 48,270 46,484 77,246 74,564
Motorsports and other event related 34,728 36,067 60,783 60,947
Food, beverage and merchandise 7,244 7,559 13,269 13,805
Other operating expenses 656 105 858 253
General and administrative 27,309 27,671 53,656 53,815
Depreciation and amortization 28,269 25,986 54,770 51,032
Losses on asset retirements 374 10 404 930
Costs and Expenses, Total 146,850 143,882 260,986 255,346
Operating income 18,425 23,679 52,243 54,845
Interest income 251 56 368 86
Interest expense (3,067) (3,684) (6,319) (6,773)
Equity in net income from equity investments 5,799 4,169 9,426 8,139
Other 2 11,936 14 12,000
Income before income taxes 21,410 36,156 55,732 68,297
Income taxes 8,183 14,258 21,232 26,568
Net income $ 13,227 $ 21,898 $ 34,500 $ 41,729
Common Stock, Dividends, Per Share, Cash Paid $ 0.43 $ 0.41 $ 0.43 $ 0.41
(Loss) earnings per share:        
Basic and diluted (in dollars per share) $ 0.29 $ 0.47 $ 0.77 $ 0.90
Basic weighted average shares outstanding (shares) 44,857,837 46,231,560 44,960,205 46,424,992
Diluted weighted average shares outstanding (shares) 44,871,255 46,246,727 44,974,365 46,439,802