XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Casino $ 38,703,346 $ 25,409,520
Food and beverage 12,221,987 10,585,794
Hotel 5,311,228 4,368,442
Other 2,329,980 2,137,356
Gross revenues 58,566,541 42,501,112
Less promotional allowances (10,922,514) (7,633,056)
Net revenues 47,644,027 34,868,056
Operating expenses    
Casino 14,505,785 10,133,551
Food and beverage 5,175,661 4,725,753
Hotel 1,403,878 1,295,194
Other 751,643 726,224
Selling, general and administrative 13,978,711 11,685,381
Depreciation and amortization 4,643,435 3,375,084
Acquisition expense   74,591
Total operating expenses 40,459,113 32,015,778
Income from operations 7,184,914 2,852,278
Other expenses    
Interest expense (566,096) (328,661)
Total other expense (566,096) (328,661)
Income before income taxes 6,618,818 2,523,617
Provision for income taxes (2,356,816) (882,250)
Net income $ 4,262,002 $ 1,641,367
Net income    
Basic (in dollars per share) $ 0.26 $ 0.10
Diluted (in dollars per share) $ 0.26 $ 0.10
Weighted average number of common shares and potential common shares outstanding    
Basic (in shares) 16,147,324 16,138,158
Diluted (in shares) 16,275,208 16,274,355