Revenues with Customers (Tables)

3 Months Ended

Feb. 28, 2019

Revenue from Contract with Customer [Abstract]

In the following table, revenue is disaggregated by product line and timing of transfer of products and services. The table is in line with our reportable segments (see Note 14 - Segment Reporting).



	Three Months Ended
	February 28, 2018		February 28, 2019
Admissions	$	30,562	$	29,334
NASCAR Broadcasting	64,693		67,384
Corporate Sales and Other Event Related	41,093		39,257
Food, Beverage and Merchandise	7,950		9,252
Other	4,577		5,324
Total Revenues	$	148,875	$	150,551

Impact of Adopting ASC 606 on Financial Statements

Accordingly, the Company will net the amount of unbilled revenue and associated deferred income at any reporting date.

Impact on the Consolidated Balance Sheet as of February 28, 2019:



Balance sheet accounts impacted by changes in accounting policies:
	As reported	Adjustments	Balances without adoption of ASC 606
Trade Receivables	86,367	17,723	104,090
Impact of Total Assets	86,367	17,723	104,090

Contract liability	70,284	17,624	87,908
Other Liabilities	14,318	99	14,417
Impact of Total Liabilities and Stockholders’ equity	84,602	17,723	102,325

There was no impact on the Consolidated Statement of Comprehensive Income.

Impact on the Consolidated Statement of Cash Flows for the three months ended February 28, 2019:



Cash flow items impacted by changes in accounting policies:
	As reported		Adjustments		Balances without adoption of ASC 606
Operating activities
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Receivables, net	(43,534	)	(17,723	)	(61,257	)
Accounts payable and other liabilities	1,575		99		1,674
Deferred income	34,324		17,624		51,948
Impact of net adjustments to cash (used in) provided by operating activities	(7,635	)	—		(7,635	)