Canterbury park holding corporation (CPHC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Operating Activities:
Net income

255

-

-

-

56

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

2,370

1,632

725

989

1,908

952

716

512

684

925

2,274

310

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

716

692

785

576

625

667

659

601

635

660

646

577

645

680

672

618

576

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

72

101

91

-

24

91

64

Stock-based compensation expense

57

31

39

73

90

-

-

100

103

-

-

-

-

-

-

-

-

Stock-based employee match contribution

160

120

158

292

116

123

124

160

116

138

108

133

106

-

-

-

-

Deferred income taxes

-259

51

598

-989

-94

-449

-314

-62

-142

1,308

111

-143

79

-799

19

-1,318

83

Loss from equity investment

-

0

0

0

-2

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-113

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

-

-

-

-

-

-0

10

-12

-

-

-

-

Gain on insurance recoveries

-

-

-

-

-

0

0

0

21

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-147

-3,848

3,987

434

Increase in accounts receivable

67

-105

-390

487

69

302

212

125

-665

-370

-194

310

83

20

-234

182

312

Increase in inventory

-

-

-

-

-

-

-

-

-

-

-142

136

39

-

-

-

-

Decrease in prepaid expenses

-

-

-

-

-

-

-

-

-

-

153

-207

26

-

-

-

-

Decrease (increase) in other current assets

-74

23

-117

23

40

-

-

-219

36

-

-

-

-

-

-

73

-37

Increase (decrease) in income taxes receivable/payable

645

-400

-817

1,037

-357

182

37

437

-237

-3

16

-88

-440

511

-138

-5

-211

Decrease in operating lease right-of-use assets

1

2

14

9

1

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in operating lease liabilities

1

2

14

9

1

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accounts payable

960

-1,174

-721

228

302

-367

-1,028

1,181

79

-

-1,094

1,442

-188

-

-1,631

1,417

1,333

Decrease in deferred revenue

-127

-150

-657

1,372

-61

-

-

1,214

-13

-

-

-

-

-

-

-

-

Increase in deferred revenue

-

-

-

-

-

-

-

-

-

-126

-820

-458

1,741

-

-

-

-

(Decrease) increase in Card Casino accruals

-512

-22

108

-76

417

-89

-749

-636

285

231

550

81

-164

193

-111

250

480

Decrease in accrued wages and payroll taxes

-1,364

739

-797

933

-888

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accrued wages and payroll taxes

-

-

-

-

-

-

-

-

-

129

-527

960

-560

-

-

-

-

Decrease in accrued wages and payroll taxes

-

-

-

-

-

-

-

-

-1,140

136

188

-301

233

503

-91

-190

101

Increase in accrued property taxes

254

-217

227

-214

222

-

-

-206

242

-

-

-

-

-

-

-542

176

Increase in payable to horsepersons

327

557

-5,313

4,484

122

-

-

4,546

136

-

-

-

-

-

-

-

-

Net cash provided by operating activities

350

2,790

-5,379

7,866

1,460

2,056

-6,653

8,507

2,421

1,213

-3,930

6,697

3,106

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,548

Investing Activities:
Additions to land, buildings, and equipment

825

2,465

2,185

7,413

3,101

1,953

675

1,646

1,225

563

486

2,059

672

654

947

1,986

843

Additions for TIF eligible improvements

148

-

-

-

1,700

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of related party note receivable

-

-

-

-

-

-

-

-

-

27

-3,956

3,461

465

163

-3,494

3,251

85

Proceeds from sale of investments

-103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-870

-1,320

-2,366

-4,548

-4,801

-4,118

-683

-600

-1,225

-563

-486

-2,060

-672

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-843

Financing Activities:
Proceeds from issuance of common stock

76

139

20

73

149

83

131

189

282

48

48

1

148

-216

230

77

64

Payments against line of credit

1,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on line of credit

1,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividend paid to shareholders

324

322

321

320

316

315

314

311

265

263

263

218

216

-

-

-

-

Payments for taxes related to net share settlement of equity awards

72

0

0

0

54

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on finance lease

6

7

5

6

5

-

-

-

-

-

-

-

-

-

-

-

-

Principle payments on capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,711

175

Net cash used in financing activities

-326

-1,863

272

841

-227

-237

-182

-122

17

-215

-214

-216

-67

-

-

-

-

Net decrease in cash, cash equivalents, and restricted cash

-846

-

-

-

-3,568

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash, cash equivalents, and restricted cash

-

-

-

-

-

-2,300

-7,519

7,784

1,213

-

-4,631

4,420

2,366

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-111

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

1,848

-983

-4,434

1,593

Schedule of non-cash investing and financing activities
Additions to buildings and equipment funded through accounts payable

298

933

-359

471

227

-

-

-460

613

-

-

-

-

-

-

-

-

Transfer of future TIF reimbursed costs from PP&E

149

1,787

1,170

3,144

1,700

-

-

-

-

-

-

-

-

-

-

-

-

ROU assets obtained in exchange for operating lease obligations

-

1

0

88

15

-

-

-

-

-

-

-

-

-

-

-

-

Additions to buildings and equipment funded through accounts payable

-

-

-

-

-

-

-

-

-

292

-10

-164

215

-

-304

103

266

Supplemental disclosure of cash flow information:
Income taxes paid

-

-

-

-

-

781

-492

741

326

179

656

729

-244

-976

1,786

250

85

Interest paid

11

12

16

12

2

-

-

-

-

-

-

-

-

-

-

-

-