RIVIERA BLACK HAWK ACQUISITION TRANSACTION (Tables)

9 Months Ended

Sep. 30, 2012

RIVIERA BLACK HAWK ACQUISITION TRANSACTION

Schedule of allocation of purchase price

Cash consideration	$	75,885
Liabilities assumed by Monarch	3,505
Working capital adjustment	604
Total consideration	$	79,994

The preliminary allocation of pro forma purchase price is as follows (in thousands):

Tangible Assets:
Current assets	$	6,241
Land	8,700
Site improvements	30
Building improvements	15,200
Furniture and equipment	5,737
Total tangible assets	35,908
Intangible Assets:
Customer list	10,490
Trade name	1,590
Goodwill	26,576
Total intangible assets	38,656
Deferred tax asset	5,430
Total assets	$	79,994

Schedule of net revenue and operating income included in the entity's unaudited condensed consolidated statement of income

Net revenues	$	18,956
Income from operations	$	4,344
Net income	$	2,693
Basic earnings per common share	$	0.17
Diluted earnings per common share	$	0.17

Schedule of pro forma consolidated results of operations

	Nine Months Ended
	September 30,
	2012		2011
Pro forma:
Net revenues	$	139,394	$	136,687
Income from operations	$	14,647	$	13,816
Net income	$	9,241	$	10,536
Basic earnings per share	$	0.57	$	0.66
Diluted earnings per share	$	0.57	$	0.64