STOCK-BASED COMPENSATION

9 Months Ended

Sep. 30, 2022

STOCK-BASED COMPENSATION.

STOCK-BASED COMPENSATION

NOTE 3. STOCK-BASED COMPENSATION

In accordance with ASC 718, 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,
	2022		2021		2022		2021
Casino	$	56	$	83	$	181	$	196
Food and beverage		(12)		32		104		100
Hotel		56		50		126		122
Selling, general and administrative		1,157		407		3,031		2,681
Total stock-based compensation, before taxes		1,257		572		3,442		3,099
Tax benefit		(264)		(120)		(723)		(651)
Total stock-based compensation, net of tax	$	993	$	452	$	2,719	$	2,448