SPEEDWAY MOTORSPORTS INC TRK Balance Sheet

Speedway motorsports inc (TRK)

Balance Sheet / TTM

Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and cash equivalents
104,710	68,619	80,568	80,501	88,807	58,915	81,924	85,827	87,653	53,585	79,342	82,308	84,103	79,273	82,010	87,344	98,096	101,557	110,046	104,083	95,364	77,098	97,343	115,292	120,289	122,052	106,408	96,096	111,142	96,282	87,368	90,821	90,376	92,200
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	975	975
Accounts receivable, net
39,181	56,868	19,497	43,852	37,185	40,173	28,459	34,066	46,505	65,763	29,444	38,899	48,364	55,188	39,783	38,582	51,324	60,128	34,855	36,274	57,250	69,669	34,594	31,353	58,716	69,369	36,382	47,841	61,580	69,512	39,415	42,453	54,864	42,509
Prepaid and refundable income taxes
5,949	144	960	7	12	3,790	2,135	209	285	9,638	7,384	6,983	6,853	8,570	8,520	8,013	7,645	8,252	8,306	9,383	9,671	8,892	8,891	728	-	5,056	6,125	5,446	5,660	12,817	12,975	11,276	11,141	11,431
Inventories, net
9,870	9,735	8,018	8,689	8,640	8,112	7,283	7,529	8,009	8,549	8,212	8,414	10,555	9,738	8,711	8,822	9,021	10,063	8,350	8,985	9,474	9,469	8,605	9,298	9,443	10,248	8,794	9,502	9,739	9,845	8,630	9,634	10,363	9,382
Prepaid expenses and other current assets (Note 2)
16,392	21,987	11,911	2,727	3,835	3,461	11,044	2,887	4,075	3,412	3,527	2,346	3,580	4,098	3,862	2,787	3,755	4,483	3,881	2,687	4,018	3,662	3,594	2,613	3,941	4,243	3,552	2,424	3,710	3,895	3,583	2,879	4,500	4,317
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,137	7,979	15,818	23,786	17,692	27,828	47,803	49,181	741	741	741	741	5,924	5,924	5,924	5,924	291	291	291
Current assets of discontinued operation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,150
Total Current Assets
176,102	157,353	120,954	135,776	138,169	114,451	130,845	130,518	146,527	140,947	127,909	138,950	153,455	156,867	142,886	147,685	177,820	200,301	189,224	179,104	203,605	216,593	202,208	160,025	193,130	211,709	162,002	167,233	197,755	198,275	157,895	157,354	172,510	163,255
Affiliates (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,786	2,890	2,992	3,294	3,393	3,490	3,586	3,681	3,776	3,869	3,962	4,055	4,145	4,235	4,412
Note Receivable
517	566	613	661	707	753	799	1,018	1,060	1,102	1,143	1,184	1,224	1,264	1,303	1,442	1,480	1,518	1,555	1,693	1,729	1,765	1,800	1,836	1,750	1,408	1,493	1,811	1,894	1,976	2,057	2,889	4,468	4,623
Other Assets
25,938	25,947	23,634	23,982	23,884	23,948	23,724	23,484	23,468	23,381	23,142	28,709	28,874	29,428	23,258	29,900	30,269	30,616	30,714	27,944	28,333	28,805	29,146	29,156	29,482	32,525	27,830	27,940	28,616	29,351	29,805	29,069	30,377	27,655
Property and Equipment, Net (Note 2)
921,658	929,813	936,551	947,866	952,006	959,058	958,215	974,179	983,465	992,253	1,000,230	1,012,230	1,025,242	1,028,192	1,019,650	1,025,671	1,040,059	1,044,429	1,052,153	1,084,405	1,093,077	1,100,968	1,105,177	1,116,825	1,126,139	1,137,029	1,148,418	1,160,347	1,171,307	1,173,084	1,177,154	1,186,950	1,191,004	1,169,281
Other Intangible Assets
298,383	298,383	298,383	298,383	298,383	298,383	298,383	298,383	298,383	298,383	298,383	298,386	298,394	298,394	298,394	298,394	298,411	394,941	394,941	394,941	394,950	394,955	394,955	394,964	394,972	394,972	394,972	394,972	394,984	394,975	394,960	394,960	394,966	394,972
Goodwill
46,225	46,225	46,225	46,225	46,225	46,225	46,225	46,225	46,225	47,342	47,342	47,342	47,342	47,342	47,342	47,342	47,342	49,680	49,680	49,680	49,680	49,680	49,680	49,680	49,680	138,717	138,717	138,717	138,717	138,717	138,717	138,717	138,717	187,326
Total
1,468,823	1,458,287	1,426,360	1,452,893	1,459,374	1,442,818	1,458,191	1,473,807	1,499,128	1,503,408	1,498,149	1,526,801	1,554,531	1,561,487	1,532,833	1,550,434	1,595,381	1,721,485	1,718,267	1,740,553	1,774,264	1,795,758	1,786,260	1,755,879	1,798,643	1,919,946	1,877,113	1,894,796	1,937,142	1,940,340	1,904,643	1,914,084	1,936,277	1,951,524
Liabilities and Stockholders’ Equity
Current maturities of long-term debt
172	172	167	3,167	7,167	7,667	7,662	7,662	7,662	7,662	7,657	7,657	7,657	7,657	7,677	8,047	8,235	11,093	7,070	13,920	13,895	13,871	13,847	14,195	14,538	2,376	17,709	17,665	17,623	17,581	17,540	17,499	2,459	2,381
Accounts payable
15,868	16,751	10,376	23,315	16,137	15,324	12,017	16,733	17,420	16,128	13,497	34,517	20,467	16,316	12,112	17,498	26,400	16,652	11,166	19,100	21,511	17,466	10,519	16,746	18,993	17,653	10,887	21,343	27,833	19,848	13,705	16,965	31,450	14,182
Deferred race event and other income
58,064	61,981	33,868	24,228	50,636	74,461	48,290	34,184	51,918	69,548	44,782	36,567	73,831	92,306	57,549	43,255	66,363	88,859	55,209	44,480	64,519	83,948	57,888	48,363	70,113	93,177	58,492	52,706	76,363	105,257	62,658	51,691	88,786	67,084
Accrued income taxes
386	3,532	689	1,731	5,954	453	383	5,432	10,482	496	0	-	-	-	-	-	-	-	-	-	-	-	-	-	4,508	-	-	-	-	-	-	-	-	-
Accrued interest
4,280	1,712	4,295	1,727	4,283	1,720	4,307	1,734	4,287	1,718	4,311	1,739	4,294	1,724	4,291	1,719	4,421	1,862	7,055	2,820	7,041	2,824	7,044	2,826	7,458	10,833	6,231	9,731	6,243	9,742	6,260	9,742	6,266	3,865
Accrued expenses and other current liabilities
20,581	15,410	21,601	24,533	20,185	15,002	23,585	26,428	22,437	16,698	24,424	29,730	25,765	20,767	26,740	31,417	24,792	19,948	25,131	29,353	23,119	17,908	21,656	25,863	20,576	16,802	20,351	25,447	20,717	16,544	21,480	23,881	19,756	19,619
Total Current Liabilities
99,351	99,558	70,996	78,701	104,362	93,143	96,244	92,173	114,206	112,250	94,671	110,210	132,014	138,770	108,369	101,936	130,211	138,414	105,631	109,673	130,085	136,017	110,954	107,993	136,186	140,841	113,670	126,892	148,779	168,972	121,643	119,778	148,717	107,131
Long-term Debt
198,438	198,134	198,002	197,697	197,393	216,589	219,452	224,148	228,844	251,540	254,398	261,549	281,549	311,549	307,342	323,707	340,625	390,000	397,747	391,448	412,019	442,584	453,142	473,694	494,240	528,349	503,550	508,933	536,806	550,917	555,017	569,107	598,187	626,316
Deferred Income
3,010	3,095	2,357	2,501	2,656	2,929	3,054	3,223	3,357	3,617	3,742	3,905	4,078	4,412	4,581	4,646	5,377	4,689	4,822	5,371	5,572	7,008	6,932	7,375	7,638	8,853	9,015	10,592	11,752	12,041	12,713	10,410	9,714	6,587
Payable to Affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594	2,594
Deferred Income Taxes, Net
199,066	200,682	201,486	202,330	201,300	202,168	201,760	322,981	324,764	329,029	329,398	328,417	333,258	321,457	321,046	331,663	332,816	363,314	371,903	376,260	377,356	381,473	381,756	377,520	377,424	384,759	385,736	381,292	377,482	366,698	366,898	361,179	345,278	333,947
Other Liabilities
20,449	20,400	18,764	19,017	18,722	18,546	18,458	18,801	18,581	18,455	18,157	18,275	6,791	6,706	6,655	7,110	7,195	7,189	7,019	4,392	4,359	4,901	4,892	4,759	4,703	4,700	4,672	4,666	4,629	4,612	4,598	4,706	4,692	8,712
Total Liabilities
520,314	521,869	491,605	500,246	524,433	533,375	538,968	661,326	689,752	714,891	700,366	722,356	757,690	782,894	747,993	769,062	816,224	903,606	887,122	889,738	931,985	974,577	960,270	973,935	1,022,785	1,070,096	1,019,237	1,034,969	1,082,042	1,105,834	1,063,463	1,067,774	1,109,182	1,085,287
Commitments and Contingencies
-	-	-	0	0	0	-	0	0	0	0	-	0	-	0	0	-	-	0	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Stockholders’ Equity:
Preferred Stock, $.10 par value, shares authorized – 3,000,000, no shares issued
-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0
Common Stock, $.01 par value, shares authorized – 200,000,000, outstanding – 40,854,000 in 2019 and 40,854,000 in 2018
464	464	463	462	462	462	461	460	460	460	459	458	458	458	458	457	457	456	456	455	455	455	454	453	453	453	453	452	452	452	451	451	451	450
Additional Paid-in Capital
268,253	267,154	266,366	265,477	264,596	263,731	262,885	261,894	260,544	259,688	258,880	258,261	257,002	256,161	255,294	254,286	253,111	251,947	252,571	251,542	250,860	250,190	249,505	248,707	248,114	247,503	246,978	246,391	245,914	245,442	244,946	244,567	244,074	243,132
Retained Earnings
798,857	787,607	785,251	802,602	784,662	758,921	767,859	660,339	657,281	636,132	644,308	649,790	642,295	623,727	629,115	624,955	622,594	661,016	671,648	690,793	682,005	661,021	665,394	621,172	615,088	689,113	696,727	698,588	693,834	673,104	679,491	684,032	664,437	702,558
Accumulated Other Comprehensive Loss (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-72	-53	-72
Treasury Stock at cost, shares – 5,543,000 in 2019 and 5,436,000 in 2018
119,065	118,807	117,325	115,894	114,779	113,671	111,982	110,212	108,909	107,763	105,864	104,064	102,914	101,753	100,027	98,326	97,005	95,540	93,530	91,975	91,041	90,485	89,363	88,388	87,797	87,219	86,282	85,604	85,100	84,492	83,708	82,668	81,814	79,831
Total Stockholders’ Equity
948,509	936,418	934,755	952,647	934,941	909,443	919,223	812,481	809,376	788,517	797,783	804,445	796,841	778,593	784,840	781,372	779,157	817,879	831,145	850,815	842,279	821,181	825,990	781,944	775,858	849,850	857,876	859,827	855,100	834,506	841,180	846,310	827,095	866,237
Total
1,468,823	1,458,287	1,426,360	1,452,893	1,459,374	1,442,818	1,458,191	1,473,807	1,499,128	1,503,408	1,498,149	1,526,801	1,554,531	1,561,487	1,532,833	1,550,434	1,595,381	1,721,485	1,718,267	1,740,553	1,774,264	1,795,758	1,786,260	1,755,879	1,798,643	1,919,946	1,877,113	1,894,796	1,937,142	1,940,340	1,904,643	1,914,084	1,936,277	1,951,524