Monarch casino & resort inc (MCRI)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

6,196

9,326

9,279

7,015

7,259

10,859

9,239

6,741

4,397

9,030

7,239

4,872

6,470

7,834

5,695

4,575

5,123

6,394

5,099

4,043

3,811

4,074

3,024

3,276

2,059

5,520

6,120

4,262

1,339

4,137

1,792

1,641

567

11

3,558

1,539

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

3,891

3,686

3,695

3,603

3,536

3,651

3,738

3,692

3,735

3,722

3,769

3,906

3,701

3,644

3,790

3,700

3,776

3,918

4,108

4,131

4,320

4,180

4,630

4,694

4,066

3,549

4,380

4,643

4,368

4,647

4,260

3,375

3,234

3,314

3,436

3,394

Amortization of deferred loan costs

135

134

135

134

135

134

134

135

135

134

135

134

135

122

77

76

109

77

76

76

76

77

76

76

76

76

77

76

75

76

44

107

65

64

64

64

Stock-based compensation

2,311

2,243

1,689

1,960

1,271

1,185

1,897

1,115

1,892

3,036

1,201

962

698

433

423

127

606

318

329

291

349

301

313

263

403

294

287

236

429

352

316

268

380

361

412

464

Provisions for bad debts

-145

-20

-50

26

-66

-46

-13

32

-255

115

-11

48

-18

66

8

18

160

45

28

7

-28

45

5

29

-156

9

-49

-34

-92

-239

231

93

166

0

-32

-49

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

312

140

215

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposition of assets

-

-

-

-

-

-

-

-

0

0

14

-18

-9

-5

-607

-56

-11

0

2

18

-

-

-

-

-

-

1

21

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Receivables

-1,160

379

1,066

-1,378

-127

1,976

-558

-1,383

59

2,861

-347

-581

400

881

331

-231

219

620

235

-152

-499

224

964

-219

240

-54

6

-251

-3

-666

344

356

-15

-23

165

-1,011

Income taxes

4,321

-1,913

-796

-1,706

370

-551

188

-1,736

1,149

-784

3,955

-2,720

-109

1,134

-3,669

2,441

-688

958

-3,007

2,209

-939

-362

-998

1,768

-189

-432

-2,418

2,157

557

-1,245

-688

882

1,568

-1,345

-184

828

Inventories

2,195

840

83

-75

368

24

56

-91

225

-81

287

-193

290

-91

60

-43

193

100

-266

8

230

190

32

-281

216

189

-94

-18

243

-126

204

-197

257

-58

91

-9

Prepaid expenses

650

1,139

-242

-817

897

433

-335

-99

13

724

-238

-374

206

512

73

294

-395

641

-272

315

525

208

-480

938

-69

415

-881

729

-168

62

-772

425

-453

-388

197

489

Right of use asset, net

4

3

4

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

5,888

-352

1,979

-1,660

2,307

1,464

-1,307

534

-58

1,066

-215

-1,224

1,362

-644

2

1,253

-1,387

1,700

175

-1,674

62

-51

559

-1,303

600

-3

-283

290

-1,047

-1,366

3,116

-1,602

774

-319

541

-2,520

Accrued expenses

1,369

1,702

1,464

-1,537

1,182

1,057

1,075

-2,467

2,293

2,060

-455

-2,274

2,497

707

113

-1,395

1,881

1,495

-175

-655

1,322

1,034

-689

-517

689

846

-1,898

705

463

2,285

-3,137

552

627

1,086

-1,500

177

Net cash provided by operating activities

15,277

16,317

18,184

13,468

13,765

16,522

15,442

13,027

14,709

16,443

7,992

10,310

14,553

12,047

6,367

10,761

9,810

13,533

6,659

8,239

8,463

8,676

6,258

7,848

7,719

9,331

7,184

11,854

5,365

9,385

6,563

4,733

4,992

7,299

5,840

4,430

Cash flows from investing activities:
Proceeds from sale of assets

-

-

-

-

-

-

-

-

0

0

85

1

-

-

-

-

11

0

3

20

-

-

-

-

-

-

1

21

-

-

-

-

-

-

-

-

Change in construction payable

-5,276

-5,998

-434

2,084

-7,849

5,616

8,168

5,394

1,074

2,248

-194

90

1,392

-193

-467

466

-2,286

1,461

31

411

1,024

647

-1,085

1,204

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of property and equipment

19,022

31,097

37,031

38,217

35,378

46,877

36,615

18,204

13,453

16,088

8,203

12,246

6,475

4,818

5,900

8,928

11,101

11,373

7,422

7,780

8,700

3,521

4,538

4,960

4,180

2,878

2,946

2,396

2,374

2,852

3,658

1,443

9,760

1,365

1,089

1,376

Net cash used in investing activities

-24,226

-37,095

-37,465

-36,133

-43,227

-41,261

-28,447

-12,810

-12,379

-13,840

-8,312

-12,155

-5,070

-5,015

-6,347

-8,462

-13,376

-9,912

-7,388

-7,349

-7,676

-2,865

-5,548

-3,756

-4,132

-2,900

-2,945

-2,375

-2,372

-2,852

-70,393

-1,443

-9,760

-5,165

-1,088

-1,376

Net exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

834

672

1,052

376

1,914

57

1,632

297

-298

33

-1,032

-1,429

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

312

140

215

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt borrowings

-57,600

23,340

21,990

16,020

-

-

-

-

-

-

-

-

-25,700

5,100

400

5,500

-3,000

4,300

-200

4,300

-2,900

5,500

0

4,900

2,500

8,500

7,000

9,300

4,300

8,100

3,240

5,700

2,500

5,000

5,000

6,600

Net cash provided by financing activities

40,400

23,340

21,990

16,020

-

-

-

-

-

-

-

-

-2,554

-6,874

867

-5,054

5,493

-4,232

2,107

-4,003

3,286

-5,467

-637

-6,329

-1,768

-6,689

-5,692

-9,300

-960

-5,900

69,033

-5,700

7,449

-1,240

-5,000

-6,600

Change in cash and cash equivalents

31,451

2,562

2,709

-6,645

-4,232

7,561

-2,235

217

2,330

2,603

-320

-1,845

6,929

158

887

-2,755

1,927

-611

1,378

-3,113

4,073

344

73

-2,237

1,819

-258

-1,453

179

2,033

633

5,202

-2,409

2,681

893

-247

-3,545

Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized

-

-

-

-

-

-

-

-

191

26

71

138

-

-

-

9

66

61

105

142

246

160

205

242

238

307

448

479

568

542

407

139

137

94

124

176

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,100

3,440

5,950

200

-

-

-

-

-

-

-

-

Non cash transaction - reduction of jackpot liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

638