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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 60,539 $ 30,462
Receivables, net 5,458 6,740
Income taxes receivable 185 279
Inventories 6,735 3,692
Prepaid expenses 6,238 5,508
Total current assets 79,155 46,681
Property and equipment    
Land 30,769 30,034
Land improvements 7,842 7,645
Buildings 193,235 193,235
Buildings improvements 31,986 25,995
Furniture and equipment 152,461 139,772
Construction in progress 285,789 180,518
Right of use assets 15,574  
Leasehold improvements 3,848 3,782
Gross property and equipment 721,504 580,981
Less accumulated depreciation and amortization (220,021) (206,657)
Net property and equipment 501,483 374,324
Other assets    
Goodwill 25,111 25,111
Intangible assets, net 1,538 2,704
Deferred income taxes 2,683 4,027
Other assets, net 908 2,280
Total other assets 30,240 34,122
Total assets 610,878 455,127
Current liabilities    
Current portion of long-term debt 20,000  
Accounts payable 17,037 11,182
Construction accounts payable 7,528 17,152
Accrued expenses 34,109 31,111
Short-term lease liability 791  
Total current liabilities 79,465 59,445
Long-term lease liability 14,797  
Long-term debt, net 175,415 94,500
Total liabilities 269,677 153,945
Commitments and contingencies (Note 12)
Stockholders' equity    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued
Common stock, $.01 par value, 30,000,000 shares authorized; 19,096,300 shares issued; 18,141,383 outstanding at December 31, 2019; 17,919,021 outstanding at December 31, 2018 191 191
Additional paid-in capital 35,215 30,111
Treasury stock, 954,917 shares at December 31, 2019; 1,177,279 shares at December 31, 2018 (12,777) (15,876)
Retained earnings 318,572 286,756
Total stockholders’ equity 341,201 301,182
Total liabilities and stockholders’ equity $ 610,878 $ 455,127