STOCK-BASED COMPENSATION

3 Months Ended

Mar. 31, 2021

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
	March 31,
	2021		2020
Casino	$	42	$	—
Food and beverage		46		57
Hotel		32		28
Selling, general and administrative		1,160		788
Total stock-based compensation, before taxes		1,280		873
Tax benefit		(269)		(183)
Total stock-based compensation, net of tax	$	1,011	$	690