| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
OPERATING REVENUES: | ||||||
Operating revenues | ||||||
59,226 | 59,141 | 56,952 | - | - | ||
Pari-mutuel | ||||||
- | - | - | 9,485 | 10,022 | ||
Card Casino | ||||||
- | - | - | 29,252 | 29,016 | ||
Food and beverage | ||||||
- | - | - | 7,848 | 7,949 | ||
Other | ||||||
- | - | - | 6,006 | 5,425 | ||
Total Net Revenues | ||||||
- | - | - | 52,593 | 52,414 | ||
Less: Promotional allowances | ||||||
- | - | - | 133 | 151 | ||
Net Revenues | ||||||
- | - | - | 52,460 | 52,263 | ||
OPERATING EXPENSES: | ||||||
Purse expense | ||||||
6,979 | 7,181 | 6,856 | 6,378 | 6,494 | ||
Minnesota Breeders' Fund | ||||||
1,052 | 1,039 | 1,029 | 813 | 833 | ||
Other pari-mutuel expenses | ||||||
1,332 | 1,423 | 1,350 | 1,371 | 1,451 | ||
Salaries and benefits | ||||||
25,527 | 24,322 | 23,376 | 22,524 | 21,397 | ||
Cost of food and beverage and other sales | ||||||
4,075 | 3,586 | 3,704 | - | - | ||
Cost of food and beverage and other sales | ||||||
- | - | - | 3,790 | 3,784 | ||
Depreciation and amortization | ||||||
2,679 | 2,563 | 2,529 | 2,547 | 2,297 | ||
Utilities | ||||||
1,531 | 1,527 | 1,420 | - | - | ||
Utilities | ||||||
- | - | - | 1,378 | 1,305 | ||
Advertising and marketing | ||||||
2,152 | 2,499 | 2,715 | 2,331 | 1,978 | ||
Professional and contracted services | ||||||
4,983 | 4,491 | 4,376 | 4,128 | - | ||
Loss on disposal of assets | ||||||
-261 | -120 | - | - | - | ||
Loss on disposal of assets | ||||||
- | - | -2 | 22 | 347 | ||
Gain on insurance recoveries | ||||||
198 | 21 | 140 | 1,464 | 495 | ||
Gain on sale of assets | ||||||
12 | 129 | - | 3,846 | 659 | ||
Gain on transfer of land | ||||||
- | 2,241 | - | - | - | ||
Other operating expenses | ||||||
5,226 | 5,128 | 5,210 | 5,387 | 9,607 | ||
Total Operating Expenses | ||||||
55,591 | 51,494 | 52,431 | 45,318 | 47,649 | ||
INCOME (LOSS) FROM OPERATIONS | ||||||
3,635 | 7,646 | 4,521 | 7,141 | 4,613 | ||
OTHER INCOME | ||||||
Interest expense | ||||||
- | - | - | 51 | 0 | ||
Interest income, net | ||||||
326 | 61 | 49 | 29 | 3 | ||
Net Other Income | ||||||
326 | 61 | 49 | -21 | 2 | ||
INCOME BEFORE INCOME TAXES | ||||||
3,962 | 7,708 | 4,570 | 7,119 | 4,616 | ||
INCOME TAX BENEFIT (EXPENSE) | ||||||
1,244 | 1,990 | 480 | 2,924 | 1,889 | ||
NET INCOME | ||||||
2,718 | 5,718 | 4,090 | 4,195 | 2,727 | ||
Basic earnings per share | ||||||
0.59 | 1.28 | 0.93 | 0.98 | 0.65 | ||
Diluted earnings per share | ||||||
0.59 | 1.26 | 0.93 | 0.97 | 0.64 | ||
Weighted Average Basic Shares Outstanding | ||||||
4,594 | 4,481 | - | - | - | ||
Weighted Average Diluted Shares | ||||||
4,607 | 4,534 | - | - | - | ||
Cash dividends declared per share | ||||||
0.28 | 0.28 | - | - | - | ||
Pari-mutuel | ||||||
Operating revenues | ||||||
9,832 | 10,639 | 10,377 | - | - | ||
Card Casino | ||||||
Operating revenues | ||||||
34,406 | 33,919 | 31,979 | - | - | ||
Food and beverage | ||||||
Operating revenues | ||||||
8,894 | 8,017 | - | - | - | ||
Operating revenue | ||||||
- | - | 7,938 | - | - | ||
Other | ||||||
Operating revenues | ||||||
6,092 | 6,564 | 6,656 | - | - | ||