2022 Q2 Form 10-Q Financial Statement

#000169899122000017 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $227.9M $196.9M $192.3M
YoY Change 12.82% 33.88% 158.44%
Cost Of Revenue $155.4M $132.6M $129.6M
YoY Change 14.48% 34.11% 162.99%
Gross Profit $72.44M $64.27M $62.68M
YoY Change 9.42% 33.4% 149.51%
Gross Profit Margin 31.79% 32.64% 32.59%
Selling, General & Admin $32.72M $31.12M $32.18M
YoY Change 25.3% 27.15% 43.91%
% of Gross Profit 45.17% 48.42% 51.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.17M $5.800M $9.367M
YoY Change 61.46% -3.33% -18.53%
% of Gross Profit 14.04% 9.02% 14.94%
Operating Expenses $45.12M $43.06M $45.62M
YoY Change 9.32% 11.5% 27.12%
Operating Profit $27.32M $21.21M $17.06M
YoY Change 9.58% 121.95% -258.49%
Interest Expense -$3.791M -$4.001M -$2.966M
YoY Change 12.29% 19.65% -16.1%
% of Operating Profit -13.88% -18.87% -17.38%
Other Income/Expense, Net $5.722M $3.417M -$2.895M
YoY Change -279.82% -222.17% -256.4%
Pretax Income $29.25M $20.62M $10.05M
YoY Change 59.21% 504.07% -173.63%
Income Tax $6.782M $4.800M $3.244M
% Of Pretax Income 23.19% 23.27% 32.28%
Net Earnings $22.46M $15.79M $6.806M
YoY Change 80.51% 951.83% -179.88%
Net Earnings / Revenue 9.86% 8.02% 3.54%
Basic Earnings Per Share $0.24 $0.17
Diluted Earnings Per Share $241.5K $0.17 $71.53K
COMMON SHARES
Basic Shares Outstanding 92.05M shares 92.99M shares 94.07M shares
Diluted Shares Outstanding 93.00M shares 93.74M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $252.2M $227.0M $230.9M
YoY Change 41.3% 31.44% 71.7%
Cash & Equivalents $220.2M $194.9M $198.8M
Short-Term Investments $32.06M $32.07M $32.07M
Other Short-Term Assets $18.75M $10.83M $10.15M
YoY Change 67.2% 6.46% 17.39%
Inventory $6.137M $0.00
Prepaid Expenses $6.279M $6.998M
Receivables $9.214M $5.121M
Other Receivables $1.664M
Total Short-Term Assets $288.0M $254.6M $248.0M
YoY Change 47.08% 35.58% 63.17%
LONG-TERM ASSETS
Property, Plant & Equipment $189.6M $157.3M $152.3M
YoY Change 31.07% 9.47% 6.05%
Goodwill $46.20M $46.20M
YoY Change 0.87% 0.97%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.85M $212.6M $215.8M
YoY Change -95.06% -17.69% -18.46%
Total Long-Term Assets $528.6M $369.9M $368.1M
YoY Change 30.5% -7.99% -9.84%
TOTAL ASSETS
Total Short-Term Assets $288.0M $254.6M $248.0M
Total Long-Term Assets $528.6M $369.9M $368.1M
Total Assets $816.6M $624.5M $616.1M
YoY Change 35.9% 5.89% 9.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.17M $19.40M $14.62M
YoY Change 107.19% 83.42% -38.33%
Accrued Expenses $25.55M $20.37M $24.30M
YoY Change 25.34% -6.28% 315.1%
Deferred Revenue $2.000M $2.100M
YoY Change 25.0% 31.25%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $23.46M $18.46M $17.50M
YoY Change 28.55% 1.13% -4.11%
Total Short-Term Liabilities $86.00M $72.37M $71.84M
YoY Change 48.25% 28.68% 37.12%
LONG-TERM LIABILITIES
Long-Term Debt $478.6M $323.1M $324.0M
YoY Change 46.47% -5.49% 0.66%
Other Long-Term Liabilities $49.35M $55.31M $59.51M
YoY Change -20.12% -8.26% 2.46%
Total Long-Term Liabilities $528.0M $385.3M $385.8M
YoY Change 35.06% -4.18% 1.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $86.00M $72.37M $71.84M
Total Long-Term Liabilities $528.0M $385.3M $385.8M
Total Liabilities $642.7M $457.7M $457.6M
YoY Change 43.16% -0.15% 5.84%
SHAREHOLDERS EQUITY
Retained Earnings -$4.433M -$20.22M
YoY Change -91.18% -60.95%
Common Stock $9.000K $9.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $22.92M $8.983M
YoY Change
Treasury Stock Shares
Shareholders Equity $173.9M $166.8M $158.5M
YoY Change
Total Liabilities & Shareholders Equity $816.6M $624.5M $616.1M
YoY Change 35.9% 5.89% 9.97%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $22.46M $15.79M $6.806M
YoY Change 80.51% 951.83% -179.88%
Depreciation, Depletion And Amortization $10.17M $5.800M $9.367M
YoY Change 61.46% -3.33% -18.53%
Cash From Operating Activities $19.15M $22.06M $30.49M
YoY Change -41.21% 2.2% -489.69%
INVESTING ACTIVITIES
Capital Expenditures -$6.469M $6.752M -$10.99M
YoY Change -27.27% 230.33% 35.61%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$124.4M $365.0K -$2.338M
YoY Change 5079.48% -187.32% -92.25%
Cash From Investing Activities -$130.9M -$6.387M -$13.32M
YoY Change 1058.64% 159.42% -65.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.93M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 137.0M -$19.56M 1.734M
YoY Change -986.96% -202.4% 19.75%
NET CHANGE
Cash From Operating Activities 19.15M $22.06M 30.49M
Cash From Investing Activities -130.9M -$6.387M -13.32M
Cash From Financing Activities 137.0M -$19.56M 1.734M
Net Change In Cash 25.27M -$3.888M 18.90M
YoY Change 333.45% -110.17% -142.32%
FREE CASH FLOW
Cash From Operating Activities $19.15M $22.06M $30.49M
Capital Expenditures -$6.469M $6.752M -$10.99M
Free Cash Flow $25.62M $15.31M $41.48M
YoY Change -38.22% -21.66% 14928.62%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001698991
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
001-38136
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
Accel Entertainment, Inc.
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1350261
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
140 Tower Drive
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Burr Ridge
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
IL
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
60527
CY2022Q1 dei City Area Code
CityAreaCode
630
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
972-2235
CY2022Q1 dei Security12b Title
Security12bTitle
Class A-1 Common Stock, par value $.0001 per share
CY2022Q1 dei Trading Symbol
TradingSymbol
ACEL
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2022Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
92051003 shares
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
196891000 usd
CY2021Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
147069000 usd
CY2022Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
132620000 usd
CY2021Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
98891000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31119000 usd
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24475000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
5841000 usd
CY2021Q1 us-gaap Depreciation
Depreciation
5989000 usd
CY2022Q1 acel Amortization Of Intangible Assets And Capitalized Contract Cost
AmortizationOfIntangibleAssetsAndCapitalizedContractCost
3548000 usd
CY2021Q1 acel Amortization Of Intangible Assets And Capitalized Contract Cost
AmortizationOfIntangibleAssetsAndCapitalizedContractCost
6106000 usd
CY2022Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2556000 usd
CY2021Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2053000 usd
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
175684000 usd
CY2021Q1 us-gaap Costs And Expenses
CostsAndExpenses
137514000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
21207000 usd
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9555000 usd
CY2022Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4001000 usd
CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3344000 usd
CY2022Q1 acel Contingent Earnout Gain Loss On Change In Fair Value
ContingentEarnoutGainLossOnChangeInFairValue
3417000 usd
CY2021Q1 acel Contingent Earnout Gain Loss On Change In Fair Value
ContingentEarnoutGainLossOnChangeInFairValue
-2797000 usd
CY2021Q1 acel Number Of Video Gaming Locations
NumberOfVideoGamingLocations
2470 location
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20623000 usd
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3414000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4835000 usd
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1913000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
15788000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1501000 usd
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92993000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93471000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93741000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94280000 shares
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
15788000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1501000 usd
CY2022Q1 acel Oci Convertible Notes Investment Gain Loss Tax
OCIConvertibleNotesInvestmentGainLossTax
0 usd
CY2021Q1 acel Oci Convertible Notes Investment Gain Loss Tax
OCIConvertibleNotesInvestmentGainLossTax
187000 usd
CY2022Q1 acel Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
0 usd
CY2021Q1 acel Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
469000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1934000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4864000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20652000 usd
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1970000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
194898000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
198786000 usd
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6279000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6998000 usd
CY2022Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
10532000 usd
CY2021Q1 acel Number Of Video Game Terminals
NumberOfVideoGameTerminals
12720 gaming_terminal
CY2021Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
0 usd
CY2022Q1 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
32065000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
32065000 usd
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
10830000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
10146000 usd
CY2022Q1 us-gaap Assets Current
AssetsCurrent
254604000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
247995000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
157278000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152251000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
15935000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
15913000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
147397000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
150672000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
46199000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
46199000 usd
CY2022Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3101000 usd
CY2017Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3043000 usd
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
212632000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
215827000 usd
CY2022Q1 us-gaap Assets
Assets
624514000 usd
CY2021Q4 us-gaap Assets
Assets
616073000 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
18457000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17500000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2043000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2079000 usd
CY2022Q1 acel Accrued Liabilities Location Gaming Expense Current
AccruedLiabilitiesLocationGamingExpenseCurrent
3359000 usd
CY2021Q4 acel Accrued Liabilities Location Gaming Expense Current
AccruedLiabilitiesLocationGamingExpenseCurrent
3969000 usd
CY2022Q1 acel Accrued Liabilities State Gaming Expense Current
AccruedLiabilitiesStateGamingExpenseCurrent
12769000 usd
CY2021Q4 acel Accrued Liabilities State Gaming Expense Current
AccruedLiabilitiesStateGamingExpenseCurrent
11441000 usd
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
19397000 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
14616000 usd
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4244000 usd
CY2017 acel Class Of Warrant Or Right Vesting Period After Recapitalization
ClassOfWarrantOrRightVestingPeriodAfterRecapitalization
P30D
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8886000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
12101000 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
13344000 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
72370000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
71835000 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
323057000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
324022000 usd
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3871000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3953000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
12006000 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
12706000 usd
CY2022Q1 acel Contingent Earnout Share Liability
ContingentEarnoutShareLiability
39414000 usd
CY2021Q4 acel Contingent Earnout Share Liability
ContingentEarnoutShareLiability
42831000 usd
CY2022Q1 acel Warrants And Other Liabilities Noncurrent
WarrantsAndOtherLiabilitiesNoncurrent
17000 usd
CY2021Q4 acel Warrants And Other Liabilities Noncurrent
WarrantsAndOtherLiabilitiesNoncurrent
17000 usd
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
6957000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2248000 usd
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
385322000 usd
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
385777000 usd
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
9000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
9000 usd
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
189299000 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
187656000 usd
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
22917000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
8983000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4864000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4433000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-20221000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
166822000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
158461000 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
624514000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
616073000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
158461000 usd
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
13934000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1605000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
38000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4864000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
15788000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
166822000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
127871000 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1593000 usd
CY2021Q1 acel Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
469000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1501000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
131434000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
15788000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1501000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
5841000 usd
CY2021Q1 us-gaap Depreciation
Depreciation
5989000 usd
CY2022Q1 acel Amortization Of Intangible Assets And Capitalized Contract Cost
AmortizationOfIntangibleAssetsAndCapitalizedContractCost
3548000 usd
CY2021Q1 acel Amortization Of Intangible Assets And Capitalized Contract Cost
AmortizationOfIntangibleAssetsAndCapitalizedContractCost
6106000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
626000 usd
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
504000 usd
CY2022Q1 acel Contingent Earnout Gain Loss On Change In Fair Value
ContingentEarnoutGainLossOnChangeInFairValue
3417000 usd
CY2021Q1 acel Contingent Earnout Gain Loss On Change In Fair Value
ContingentEarnoutGainLossOnChangeInFairValue
-2797000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1605000 usd
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1593000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
105000 usd
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
34000 usd
CY2022Q1 acel Gain Loss On Contract With Customer Asset Liability
GainLossOnContractWithCustomerAssetLiability
-174000 usd
CY2021Q1 acel Gain Loss On Contract With Customer Asset Liability
GainLossOnContractWithCustomerAssetLiability
-104000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-385000 usd
CY2021Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
228000 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
1116000 usd
CY2021Q1 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
89000 usd
CY2022Q1 us-gaap Accretion Expense
AccretionExpense
708000 usd
CY2021Q1 us-gaap Accretion Expense
AccretionExpense
615000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2775000 usd
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1700000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-199000 usd
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
908000 usd
CY2022Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0 usd
CY2021Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-3341000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
469000 usd
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
650000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-184000 usd
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
39000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1173000 usd
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-886000 usd
CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-4642000 usd
CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-335000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
58000 usd
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
29000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22061000 usd
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21586000 usd
CY2022Q1 acel Number Of Video Gaming Locations
NumberOfVideoGamingLocations
2565 location
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6752000 usd
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2044000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
365000 usd
CY2021Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
65000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
483000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6387000 usd
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2462000 usd
CY2022Q1 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 usd
CY2021Q1 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
3000000 usd
CY2022Q1 acel Repayments Of Delayed Draw Notes
RepaymentsOfDelayedDrawNotes
0 usd
CY2021Q1 acel Repayments Of Delayed Draw Notes
RepaymentsOfDelayedDrawNotes
1563000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
27000000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4375000 usd
CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3000000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13934000 usd
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
157000 usd
CY2021Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 usd
CY2022Q1 acel Proceeds From Exerciseof Common Stock Optionsand Preferred Stock Warrants
ProceedsFromExerciseofCommonStockOptionsandPreferredStockWarrants
38000 usd
CY2021Q1 acel Proceeds From Exerciseof Common Stock Optionsand Preferred Stock Warrants
ProceedsFromExerciseofCommonStockOptionsandPreferredStockWarrants
0 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1084000 usd
CY2021Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
334000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
50000 usd
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19562000 usd
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19103000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3888000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38227000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
198786000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
134451000 usd
CY2021Q1 acel Covid Response Percentof Days Inoperable During Quarter
COVIDResponsePercentofDaysInoperableDuringQuarter
0.20
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
194898000 usd
CY2021Q1 acel Covid Response Numberof Video Gaming Daysin Quarter
COVIDResponseNumberofVideoGamingDaysinQuarter
90 day
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172678000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
3386000 usd
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
3008000 usd
CY2022Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
204000 usd
CY2021Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
0 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4338000 usd
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3853000 usd
CY2022Q1 acel Deferred Premium On Derivatives
DeferredPremiumOnDerivatives
3898000 usd
CY2021Q1 acel Deferred Premium On Derivatives
DeferredPremiumOnDerivatives
0 usd
CY2022Q1 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 usd
CY2021Q1 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
483000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
483000 usd
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
Description of Business<div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Accel Entertainment, Inc.'s (and together with its subsidiaries, </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">“</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Company</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">”)</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%"> wholly owned subsidiary, Accel Entertainment Gaming LLC, is a terminal operator licensed by the State of Illinois Gaming Board (“IGB”) since March 15, 2012. Its terminal operator license allows the Company to install and operate video gaming terminals </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">(“VGTs”) </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">in licensed video gaming locations throughout the State of Illinois as approved by individual municipalities. The Company also operates redemption terminals, which also function as automated teller machines (“ATMs”) at its licensed video gaming locations, and amusement equipment at certain locations. The Illinois terminal operator license, which is not transferable or assignable, requires compliance with applicable regulations and the license is renewable annually unless sooner cancelled or terminated. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">In July 2020, the Georgia Lottery Corporation approved one of the Company's consolidated subsidiaries as a licensed operator, or Master Licensee, which allows the Company to install and operate coin operated amusement machines for commercial use by the public for play </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">throughout the State of Georgia</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">. The Company also holds a license from the Pennsylvania Gaming Control Board. On December 30, 2021, one of the Company's consolidated subsidiaries acquired amusement and ATM operations in Iowa and registered with the Iowa Department of Inspections and Appeals to conduct such operations in Iowa. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The Company is also subject to various other federal, state and local laws and regulations in addition to gaming regulations. </span></div><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The Company operates 13,663 and 12,720 video gaming terminals across 2,565 and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">2,470</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%"> locations in the State of Illinois as of March 31, 2022 and 2021, respectively.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The Company is an emerging growth company </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">(“EGC”) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">under the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”) following the consummation of a reverse recapitalization that occurred on November 20, 2019. The Company has elected to use this extended transition period for complying with new or revised accounting standards pursuant to Section 107(b) of the JOBS Act and as a result of this election, its financial statements may not be comparable to companies that comply with public company effective dates. The Company expects to remain an EGC until December 31, 2022.</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:144%">Impact of COVID-19 on the Condensed Consolidated Financial Statements</span></div><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The ongoing COVID-19 outbreak and its related variants are having a significant impact on global markets as a result of prior and current government-mandated business closures, supply chain and production disruptions, workforce restrictions, travel restrictions, reduced consumer spending and sentiment, amongst other factors, which are, individually or in the aggregate, negatively affecting the financial performance, liquidity and cash flow projections of many companies in the United States and abroad.</span></div><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">A surge of COVID-19 infections occurred in the fall of 2020, as the virus spread in every geographical region (currently 11 regions) in the State of Illinois. In response, the IGB suspended all video gaming operations across the entire state of Illinois starting at 11:01 PM on Thursday November 19, 2020. Video gaming operations resumed in certain regions of the state beginning on January 16, 2021, and fully resumed in all regions on January 23, 2021. Even though video gaming operations resumed across all regions, certain regions still had government-imposed restrictions that, among other things, limited hours of operation and restricted the number of patrons allowed within the licensed establishments. Given the staggered reopening by region in January of 2021, the temporary shutdown impacted, on average, 18 of the 90 gaming days (or 20% of gaming days) during the three months ended March 31, 2021. In light of these events and their effect on the Company’s employees and licensed establishment partners, the Company took action to help mitigate the potential effects caused by the temporary cessation of operations by furloughing idle staff as appropriate and deferring certain payments to major vendors.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">As a result of these developments, the Company's revenues, results of operations and cash flows were materially affected for the three months ended March 31, 2021. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">While COVID-19 infection rates and the related stress on the healthcare system currently remain low, it is possible that the IGB or the State of Illinois may order a future shutdown by region (currently 11 regions), or a complete suspension of video gaming in the state, or institute stay-at-home, closure or other similar orders or measures in the future in response to a resurgence of COVID-19, particularly in light of variant strains of the virus, or other events. If this were to occur, the Company could recognize impairment losses which could be material.</span></div>
CY2022Q1 acel Number Of Video Game Terminals
NumberOfVideoGameTerminals
13663 gaming_terminal
CY2021Q1 acel Covid Response Numberof Days Video Gaming Terminals Inoperable
COVIDResponseNumberofDaysVideoGamingTerminalsInoperable
18 day
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:144%">Use of estimates</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">: The preparation of condensed consolidated financial statements requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and (iii) the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates used by the Company include, among other things, the useful lives for depreciable and amortizable assets, income tax provisions, the evaluation of the future realization of deferred tax assets, projected cash flows in assessing the initial valuation of intangible assets in conjunction with business acquisitions, the selection of useful lives for depreciable and amortizable assets in conjunction with business acquisitions, the valuation of level 3 investments, the valuation of contingent earnout shares and interest rate caplets, contingencies, and the expected term of share-based compensation awards and stock price volatility when computing share-based compensation expense. Actual results may differ from those estimates.</span>
CY2022Q1 us-gaap Depreciation
Depreciation
5800000 usd
CY2019Q4 acel Marketable Security Debt Instrument Monthly Principal Payment
MarketableSecurityDebtInstrumentMonthlyPrincipalPayment
1000000 usd
CY2021Q1 acel Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
500000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
302180000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
291740000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
144902000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
139489000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
157278000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152251000 usd
CY2021Q1 us-gaap Depreciation
Depreciation
6000000.0 usd
CY2022Q1 acel Contract With Customer Liability Gross
ContractWithCustomerLiabilityGross
6700000 usd
CY2021Q4 acel Contract With Customer Liability Gross
ContractWithCustomerLiabilityGross
6800000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5900000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6000000.0 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2000000.0 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2100000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18200000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18000000.0 usd
CY2022Q1 acel Capitalized Contract Cost Subject To Claw Back
CapitalizedContractCostSubjectToClawBack
1500000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
29224000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
28902000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
13289000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
12989000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
15935000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
15913000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
300000 usd
CY2021Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
500000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
229287000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
229287000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
81890000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
78615000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
147397000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
150672000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
46200000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
46200000 usd
CY2022Q1 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
36500000 usd
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
345625000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
350000000 usd
CY2022Q1 acel Interest Rate Caplet Liability
InterestRateCapletLiability
3742000 usd
CY2021Q4 acel Interest Rate Caplet Liability
InterestRateCapletLiability
0 usd
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7853000 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8478000 usd
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
341514000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
341522000 usd
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
18457000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17500000 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
323057000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
324022000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4900000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1900000 usd
CY2021Q1 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
147792000 usd
CY2021Q1 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
1558000 usd
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2022Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
12101000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
12006000 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
13344000 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
12706000 usd
CY2019Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
7333326 shares
CY2019Q4 acel Classof Warrantor Right Number Of Warrants Canceled And Reissued To Prior Stockholders
ClassofWarrantorRightNumberOfWarrantsCanceledAndReissuedToPriorStockholders
2444437 shares
CY2019Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2019Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
11.50
CY2019Q4 acel Class Of Warrant Or Right Vesting Period After Recapitalization
ClassOfWarrantOrRightVestingPeriodAfterRecapitalization
P30D
CY2017Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
15000000 shares
CY2017Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
11.50
CY2020Q3 acel Class Of Warrant Or Right Conversion Ratio
ClassOfWarrantOrRightConversionRatio
0.25
CY2020Q3 acel Class Of Warrant Or Right Conversion Ratio
ClassOfWarrantOrRightConversionRatio
0.25
CY2020Q3 acel Class Of Warrant Or Right Number Of Warrants Exercised
ClassOfWarrantOrRightNumberOfWarrantsExercised
7189990 shares
CY2020Q3 acel Class Of Warrant Or Right Exercised Percent Of Warrants Outstanding
ClassOfWarrantOrRightExercisedPercentOfWarrantsOutstanding
0.9993
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5144 shares
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1789295 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
22900000 usd
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1087990 shares
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
13900000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
225881 shares
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4800000 usd
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1900000 usd
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.234
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.560
CY2022Q1 us-gaap Loss Contingency Number Of Defendants
LossContingencyNumberOfDefendants
10 defendant
CY2022Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1600000 usd
CY2022Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
1000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
15788000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1501000 usd
CY2022Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
CY2021Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
15788000 usd
CY2021Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
1501000 usd
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92993000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93471000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
748000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
809000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93741000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94280000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4729800 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5359661 shares

Files In Submission

Name View Source Status
0001698991-22-000017-index-headers.html Edgar Link pending
0001698991-22-000017-index.html Edgar Link pending
0001698991-22-000017.txt Edgar Link pending
0001698991-22-000017-xbrl.zip Edgar Link pending
accelex1022ellisemployment.htm Edgar Link pending
accelexhibit31133122.htm Edgar Link pending
accelexhibit31233122.htm Edgar Link pending
accelexhibit32133122.htm Edgar Link pending
accelexhibit32233122.htm Edgar Link pending
acel-20220331.htm Edgar Link pending
acel-20220331.xsd Edgar Link pending
acel-20220331_cal.xml Edgar Link unprocessable
acel-20220331_def.xml Edgar Link unprocessable
acel-20220331_htm.xml Edgar Link completed
acel-20220331_lab.xml Edgar Link unprocessable
acel-20220331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending