STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 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				Six months ended
	June 30,				June 30,
	2021		2020		2021		2020
Casino	$	71	$	56	$	113	$	56
Food and beverage		22		12		68		69
Hotel		40		27		72		55
Selling, general and administrative		1,114		886		2,274		1,674
Total stock-based compensation, before taxes		1,247		981		2,527		1,854
Tax benefit		(262)		(206)		(531)		(389)
Total stock-based compensation, net of tax	$	985	$	775	$	1,996	$	1,465