STOCK-BASED COMPENSATION

9 Months Ended

Sep. 30, 2020

STOCK-BASED COMPENSATION.

STOCK-BASED COMPENSATION

NOTE 3. STOCK-BASED COMPENSATION

In accordance with ASU No. 2016-09, the Company records any excess tax benefits or deficiencies from its equity awards in its Consolidated Statements of Income in the reporting periods in which vesting occurs. As a result, the Company’s income tax expense and associated effective tax rate are impacted by fluctuations in stock price between the grant dates and vesting dates of equity awards.

Reported stock-based compensation expense was classified as follows (in thousands):

	Three months ended				Nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
Casino	$	46	$	51	$	102	$	152
Food and beverage		45		52		114		150
Hotel		33		28		88		71
Selling, general and administrative		773		896		2,447		2,572
Total stock-based compensation, before taxes		897		1,027		2,751		2,945
Tax benefit		(189)		(216)		(578)		(618)
Total stock-based compensation, net of tax	$	708	$	811	$	2,173	$	2,327