Canterbury park holding corporation (CPHC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15Jun'15
OPERATING REVENUES:
Operating revenues

10,948

12,602

18,600

16,433

11,590

12,038

18,370

16,512

12,219

-

-

-

-

-

-

-

-

-

-

Pari-mutuel

-

-

-

-

-

-

-

-

-

-

3,820

3,454

1,531

1,514

3,554

3,020

1,395

3,887

3,325

Card Casino

-

-

-

-

-

-

-

-

-

-

7,979

8,112

7,704

7,807

7,324

7,001

7,119

7,404

7,381

Food and beverage

-

-

-

-

-

-

-

-

-

-

3,184

2,364

1,345

1,097

3,446

2,224

1,080

3,299

2,518

Other

-

-

-

-

-

-

-

-

-

-

2,682

-

-

-

-

-

-

-

-

Total Net Revenues

-

-

-

-

-

-

-

-

-

-

17,666

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

1,914

886

1,157

2,347

1,677

823

2,190

1,663

Total Net Revenues

-

-

-

-

-

-

-

-

-

-

-

15,846

11,468

11,577

16,673

13,923

10,418

16,782

14,890

Less: Promotional allowances

-

-

-

-

-

-

-

-

-

-

-

-

25

26

43

37

25

50

42

Net Revenues

-

-

-

-

-

-

-

-

-

-

-

-

11,443

11,550

16,630

13,885

10,393

16,731

14,848

OPERATING EXPENSES:
Purse expense

1,103

1,538

2,085

1,960

1,395

1,494

2,339

2,102

1,244

1,466

2,252

2,004

1,132

1,375

2,155

1,812

1,035

2,363

2,050

Minnesota Breeders' Fund

189

238

290

306

217

233

301

301

203

223

285

304

215

176

252

236

147

259

255

Other pari-mutuel expenses

220

318

293

451

268

335

325

484

278

315

310

452

271

310

300

469

291

320

519

Salaries and benefits

5,577

5,698

7,147

6,936

5,745

5,521

6,605

6,766

5,430

5,402

6,634

6,290

5,048

5,456

6,218

5,812

5,037

6,129

5,704

Cost of food and beverage and other sales

564

677

1,571

1,201

625

576

1,320

1,096

592

-

-

-

-

-

-

-

-

-

-

Cost of food and beverage and other sales

-

-

-

-

-

-

-

-

-

-

1,420

1,096

613

609

1,537

1,095

547

1,534

1,137

Depreciation and amortization

716

692

785

576

625

667

659

601

635

660

646

577

645

680

672

618

576

567

607

Utilities

290

264

567

376

322

251

575

382

317

-

-

-

-

-

-

-

-

-

-

Utilities

-

-

-

-

-

-

-

-

-

-

539

337

280

243

540

321

272

495

299

Advertising and marketing

183

257

947

757

190

225

1,034

1,012

226

283

1,298

917

216

381

1,012

717

219

774

703

Professional and contracted services

972

905

1,773

1,338

966

796

1,674

1,159

860

824

1,537

1,152

861

813

1,517

1,143

654

-

-

Loss on disposal of assets

-

-

-

-

-113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-6

-

-

-

-

-99

-

-

-

-

-

-

-

-

-

347

-

Gain on insurance recoveries

-

-

-

204

-

0

0

0

21

-

-

-

-

-

592

-

-

120

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,990

-

-

-

Other operating expenses

987

996

1,659

1,427

1,143

1,027

1,501

1,505

1,094

1,188

1,205

1,522

1,294

1,090

1,455

1,752

1,089

3,365

2,600

Total Operating Expenses

10,807

11,721

17,127

15,128

11,613

8,779

16,338

15,513

10,863

11,065

16,130

14,655

10,581

10,388

15,071

9,988

9,870

15,344

13,879

INCOME (LOSS) FROM OPERATIONS

141

880

1,473

1,304

-22

3,259

2,031

999

1,356

931

1,536

1,191

861

1,161

1,558

3,897

522

1,387

968

OTHER INCOME
Interest income, net

163

122

96

45

63

35

8

5

12

12

13

11

12

78

0

-49

0

0

0

Net Other Income

163

122

96

45

63

35

8

5

12

12

13

11

12

27

0

-49

0

0

0

INCOME BEFORE INCOME TAXES

305

1,003

1,569

1,350

40

3,294

2,040

1,004

1,369

943

1,550

1,202

873

1,189

1,559

3,847

523

1,387

969

INCOME TAX BENEFIT (EXPENSE)

50

449

418

392

-16

924

407

279

379

-964

597

486

361

504

633

1,572

213

574

398

NET INCOME

255

553

1,150

957

56

2,370

1,632

725

989

1,908

952

716

512

684

925

2,274

310

813

571

Basic earnings per share

0.05

0.12

0.25

0.21

0.01

0.54

0.36

0.16

0.22

0.43

0.22

0.16

0.12

0.16

0.22

0.53

0.07

0.19

0.14

Diluted earnings per share

0.05

0.12

0.25

0.21

0.01

0.52

0.36

0.16

0.22

0.43

0.22

0.16

0.12

0.16

0.21

0.53

0.07

0.19

0.14

Weighted Average Basic Shares Outstanding

4,659

4,625

4,604

4,586

4,559

4,522

4,497

4,466

4,439

-

4,393

4,372

4,342

-

4,296

4,275

4,258

4,233

4,220

Weighted Average Diluted Shares

4,662

4,613

4,608

4,595

4,613

4,599

4,533

4,515

4,490

-

4,419

4,395

4,392

-

4,322

4,302

4,273

4,229

4,229

Cash dividends declared per share

0.00

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

-

0.06

0.06

0.05

-

0.05

0.25

0.00

0.00

0.25

Pari-mutuel
Operating revenues

1,296

1,555

3,578

3,208

1,490

1,637

3,955

3,504

1,540

-

-

-

-

-

-

-

-

-

-

Card Casino
Operating revenues

7,561

9,055

8,559

8,891

7,899

8,523

8,639

8,480

8,276

-

-

-

-

-

-

-

-

-

-

Food and beverage
Operating revenues

1,118

1,158

3,838

2,544

1,352

-

3,256

2,400

-

-

-

-

-

-

-

-

-

-

-

Operating revenue

-

-

-

-

-

-

-

-

1,303

-

-

-

-

-

-

-

-

-

-

Other
Operating revenues

972

832

2,623

1,789

847

820

2,519

2,126

1,098

-

-

-

-

-

-

-

-

-

-