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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Casino $ 45,323 $ 41,999 $ 86,633 $ 81,731
Food and beverage 15,562 15,546 31,052 28,960
Hotel 6,248 6,034 11,888 11,137
Other 3,070 2,828 5,848 5,499
Gross revenues 70,203 66,407 135,421 127,327
Less promotional allowances (11,974) (11,829) (23,778) (23,000)
Net revenues 58,229 54,578 111,643 104,327
Operating expenses        
Casino 18,060 17,435 35,740 34,765
Food and beverage 6,510 6,411 12,762 12,191
Hotel 2,249 1,866 4,457 3,480
Other 1,022 988 2,007 1,947
Selling, general and administrative 15,080 14,536 29,719 27,687
Depreciation and amortization 3,769 3,790 7,675 7,490
Loss (gain) on disposition of assets (14) 607 4 663
Total operating expenses 46,676 45,633 92,364 88,223
Income from operations 11,553 8,945 19,279 16,104
Other expenses        
Interest expense, net of amounts capitalized (206) (60) (478) (145)
Total other expense (206) (60) (478) (145)
Income before income taxes 11,347 8,885 18,801 15,959
Provision for income taxes (4,108) (3,190) (6,690) (5,689)
Net income $ 7,239 $ 5,695 $ 12,111 $ 10,270
Net income        
Basic (in dollars per share) $ 0.41 $ 0.33 $ 0.69 $ 0.60
Diluted (in dollars per share) $ 0.40 $ 0.32 $ 0.67 $ 0.58
Weighted average number of common shares and potential common shares outstanding        
Basic (in shares) 17,527 17,259 17,502 17,235
Diluted (in shares) 18,208 17,579 18,114 17,560