Speedway motorsports inc (TRK)
Income statement / TTM
Jun'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'11Sep'10Jun'10
Revenues:
Revenues

468,852

493,839

461,914

484,083

454,721

457,877

458,358

443,060

482,998

488,675

495,407

495,523

468,985

472,618

474,716

492,771

488,485

485,041

484,309

482,420

480,083

480,969

480,649

480,564

485,320

489,580

490,160

497,218

531,916

503,972

505,845

539,938

540,626

0

0

0

Expenses and Other:
General and administrative

101,655

101,784

100,900

100,204

99,720

99,409

97,602

96,876

98,288

98,656

100,144

101,624

101,131

99,272

98,289

97,953

96,655

96,817

96,762

95,787

94,328

92,595

91,676

90,189

90,074

90,645

90,407

91,689

91,177

89,760

89,384

88,357

88,693

0

0

0

Depreciation and amortization (Note 2)

55,654

54,940

54,506

59,503

60,085

60,416

64,831

58,219

58,401

58,502

54,368

55,907

62,195

62,000

61,964

82,989

76,225

78,209

78,426

55,700

56,073

54,536

54,725

54,727

55,053

55,324

55,499

55,757

55,440

54,670

54,004

54,156

53,923

0

0

0

Interest expense, net

11,038

11,260

11,449

11,700

11,983

12,193

12,241

12,450

12,686

12,814

13,148

13,370

13,591

13,893

16,811

18,313

20,160

21,893

21,237

22,055

22,647

26,562

31,871

57,183

61,564

62,563

41,217

61,286

40,783

20,429

42,112

3,681

26,880

0

0

0

Impairment of goodwill (Note 2)

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

Loss on early debt redemption and refinancing (Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,372

0

0

0

-

-

-

-

-

-

0

-

-

-

-

-

-7,456

0

0

0

-

-

Other expense (income), net

-363

2,011

1,906

890

1,107

-814

-1,341

66

850

487

997

427

-1,263

-1,333

-875

-530

280

1,434

2,305

2,394

2,370

1,113

-293

3,486

3,508

3,717

3,908

595

405

368

342

-303

0

0

0

-

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total Expenses and Other

416,576

425,586

408,539

424,622

412,771

412,786

413,988

389,869

424,026

432,862

434,211

434,034

414,886

510,765

520,958

561,996

552,399

453,501

443,083

417,138

415,635

524,397

529,212

528,176

534,404

427,881

426,475

437,586

448,425

480,276

487,925

507,980

508,081

0

0

0

Income Before Income Taxes

52,276

68,253

53,375

59,461

41,950

45,091

44,370

53,191

58,972

55,813

61,196

61,489

54,099

-38,147

-46,242

-69,225

-63,914

31,540

41,226

65,282

64,448

-43,428

-48,563

-47,612

-49,084

61,699

63,685

59,632

83,491

23,696

17,920

31,958

32,545

0

0

0

Provision for Income Taxes

14,284

16,930

12,926

-106,661

-109,310

-102,769

-103,875

18,338

19,664

19,064

21,651

25,553

23,276

-9,044

-11,879

-25,554

-20,707

12,369

15,789

-23,406

-27,585

-40,451

-42,351

42,338

42,183

21,156

21,892

-15,168

-4,167

28,131

23,481

30,399

30,835

0

0

0

Income (Loss) from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

41,793

37,762

50,620

-4,435

-5,561

1,559

1,710

0

0

0

Income (Loss) from Discontinued Operation (Note 1)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

326

-389

-469

-637

-883

-1,146

-2,022

0

0

0

Net Income

37,992

51,323

40,449

166,122

151,260

147,860

148,245

34,853

39,308

36,749

39,545

35,936

30,823

-29,103

-34,363

-43,939

-37,497

24,881

31,147

94,488

91,787

-3,223

-6,458

-52,537

-53,864

40,897

42,119

37,373

50,151

-5,072

-6,444

413

-312

0

0

0

Continuing Operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.22

-

-

-

0.30

-

-

0.09

0.27

0.65

0.00

-0.01

0.58

-0.68

-0.03

0.16

0.57

Discontinued Operation (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

-

-

-

0.00

-

-

0.01

0.00

0.00

0.00

0.00

-0.01

0.00

-0.01

-0.01

-0.02

Basic Earnings Per Share (in dollars per share)

0.43

0.21

-0.29

0.59

0.75

-0.06

2.77

0.22

0.67

-0.05

0.01

0.33

0.60

0.02

-0.08

0.21

-0.85

-0.11

-0.32

0.36

0.66

0.05

1.21

0.30

-1.64

-0.03

0.11

0.26

0.65

0.00

-0.01

0.57

-0.68

-0.04

0.15

0.55

Weighted Average Shares Outstanding (in shares)

40,850

40,846

40,830

40,882

40,946

40,982

40,964

41,004

41,045

41,087

41,074

41,123

41,184

41,227

41,218

41,267

41,313

41,338

41,321

41,372

41,411

41,404

41,374

41,395

41,424

41,427

41,410

41,420

41,451

41,443

41,452

41,497

41,553

41,594

41,836

42,026

Continuing Operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.22

-

-

-

0.30

-

-

0.09

0.27

0.65

0.00

-0.01

0.58

-0.68

-0.03

0.16

0.57

Discontinued Operation (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

-

-

-

0.00

-

-

0.01

0.00

0.00

0.00

0.00

-0.01

0.00

-0.01

-0.01

-0.02

Diluted Earnings Per Share (in dollars per share)

0.43

0.21

-0.29

0.59

0.75

-0.06

2.77

0.22

0.67

-0.05

0.01

0.33

0.60

0.02

-0.08

0.21

-0.85

-0.11

-0.32

0.36

0.66

0.05

1.21

0.30

-1.64

-0.03

0.11

0.26

0.65

0.00

-0.01

0.57

-0.68

-0.04

0.15

0.55

Weighted Average Shares Outstanding (in shares)

40,854

40,847

40,855

40,895

40,956

40,982

40,978

41,022

41,056

41,108

41,094

41,135

41,195

41,244

41,238

41,288

41,346

41,376

41,352

41,388

41,431

41,429

41,400

41,413

41,441

41,438

41,417

41,421

41,459

41,451

41,452

41,497

41,553

41,594

41,836

42,026

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

41,793

37,762

50,620

-4,435

-5,561

1,559

1,710

0

0

0

Income from Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Admissions [Member]
Revenues

75,630

81,819

78,332

0

79,333

83,062

86,949

87,400

89,457

89,950

90,639

93,202

95,111

97,381

100,694

99,815

99,119

98,299

100,798

100,410

102,435

105,545

106,050

107,255

110,497

115,321

116,034

120,379

135,868

128,132

130,239

147,181

136,629

0

0

0

Event Related [Member]
Revenues

143,928

147,698

140,210

0

134,182

135,662

133,632

137,770

140,544

139,803

142,574

139,309

142,800

146,440

146,980

146,657

145,126

145,112

146,849

146,908

145,437

145,967

145,749

145,867

148,477

150,649

151,562

155,501

165,461

161,698

163,621

165,256

169,912

0

0

0

NASCAR Broadcasting Revenue [Member]
Revenues

222,270

237,496

216,592

0

213,924

210,966

209,155

189,416

193,293

199,287

201,804

201,522

199,538

196,850

195,722

215,208

214,421

211,991

207,369

206,236

203,609

200,272

199,014

198,106

196,340

193,668

192,662

191,982

202,040

186,401

185,394

201,053

205,682

0

0

0

Other Operating Revneues [Member]
Revenues

27,024

26,826

26,780

0

27,282

28,187

28,622

28,474

59,704

59,635

60,390

61,490

31,536

31,947

31,320

31,091

29,819

29,639

29,293

28,866

28,602

29,185

29,836

29,336

30,006

29,942

29,902

29,356

28,547

27,741

26,591

26,448

28,403

0

0

0

Direct Expense of Events [Member]
Cost of goods and services sold

102,114

105,213

101,876

0

102,199

99,849

98,973

102,514

106,358

107,857

108,460

103,950

102,625

102,493

104,303

103,517

101,972

100,872

102,196

99,788

100,244

100,485

99,500

99,904

100,829

101,622

101,402

106,294

111,225

105,641

106,204

115,368

108,517

0

0

0

NASCAR Event Management Fees [Member]
Cost of goods and services sold

126,576

135,525

123,212

0

121,842

120,474

119,101

99,981

104,615

112,185

115,304

115,417

114,088

112,614

111,935

132,059

131,701

130,150

128,254

127,903

126,461

125,440

125,003

124,562

124,722

123,481

122,950

123,785

130,115

120,608

120,146

128,603

131,748

0

0

0

Other Direct Operating Expense [Member]
Cost of goods and services sold

19,176

18,875

18,502

0

18,049

18,514

18,782

18,778

43,411

43,335

43,784

44,193

19,993

20,292

19,541

19,395

18,726

18,622

18,513

18,299

18,252

18,388

18,640

18,465

19,038

18,835

18,908

19,070

19,446

20,032

20,352

20,875

22,362

0

0

0