SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of useful lives of property and equipment

Land improvements	15	-	40	years
Buildings	30	-	40	years
Building improvements	5	-	40	years
Furniture	5	-	10	years
Equipment	3	-	20	years

Schedule of departmental costs of providing promotional allowances

(in thousands):

	Years ended December 31,
	2017		2016		2015
Food and beverage	$	26,025	$	25,743	$	23,761
Hotel		3,375		3,039		3,157
Other		2,128		1,943		2,070
	$	31,528	$	30,725	$	28,988

Schedule of reconciliation of number of shares (denominator) used in basic and diluted earnings per share computations

(in thousands, except per share data):

	Years ended December 31,
	2017			2016			2015
		Per Share			Per Share			Per Share
	Shares	Amount		Shares	Amount		Shares	Amount
Basic	17,585	$	1.45	17,305	$	1.42	16,948	$	1.22
Effect of dilutive stock options	782		(0.06)	359		(0.03)	387		(0.03)
Diluted	18,367	$	1.39	17,664	$	1.39	17,335	$	1.19

Schedule of antidilutive options

	Years ended December 31,
	2017					2016					2015
Options to purchase shares of common stock		203,667					106,102					115,536
Exercise prices	$	45.32	-	$	46.73	$	28.02	-	$	29.00	$	23.09	-	$	29.00
Expiration dates (month/year)		11/27-12/27				11/17-10/20					05/16-11/25