Business Segment Information

12 Months Ended

May. 28, 2015

Business Segment Information [Abstract]

Business Segment Information

11. Business Segment Information

The Company evaluates performance and allocates resources based on the operating income (loss) of each segment. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies.

Following is a summary of business segment information for fiscal 2013 through 2015:

			Hotels/		Corporate
	Theatres		Resorts		Items		Total
	(in thousands)
Fiscal 2015
Revenues	$	269,155	$	218,332	$	580	$	488,067
Operating income (loss)		53,467		10,086		(13,359)		50,194
Depreciation and amortization		20,141		18,175		494		38,810
Assets		424,740		334,442		49,860		809,042
Capital expenditures and acquisitions		49,789		23,610		1,589		74,988
Fiscal 2014
Revenues	$	243,162	$	204,138	$	639	$	447,939
Operating income (loss)		46,461		15,840		(13,919)		48,382
Depreciation and amortization		16,747		16,562		536		33,845
Assets		401,624		324,291		43,008		768,923
Capital expenditures and acquisitions		37,964		18,516		193		56,673
Fiscal 2013
Revenues	$	219,533	$	192,676	$	627	$	412,836
Operating income (loss)		40,907		10,662		(13,365)		38,204
Depreciation and amortization		16,753		16,520		554		33,827
Assets		383,328		325,428		37,940		746,696
Capital expenditures and acquisitions		13,295		10,008		188		23,491

Corporate items include amounts not allocable to the business segments. Corporate revenues consist principally of rent and the corporate operating loss includes general corporate expenses. Corporate information technology costs and accounting shared services costs are allocated to the business segments based upon several factors, including actual usage and segment revenues. Corporate assets primarily include cash and cash equivalents, investments, notes receivable and land held for development.