$CHDN
Churchill Downs Inc Stock $chdn

$chdn Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-Q Financial Statement

#000002021213000023 Filed on April 24, 2013

Income Statement

Concept	2013 Q1	2012 Q1
Revenue	$0.00	$138.2M
YoY Change	-100.0%	5.01%
Cost Of Revenue	$127.7M	$119.8M
YoY Change	6.59%	1.18%
Gross Profit	$20.20M	$18.40M
YoY Change	9.78%	39.39%
Gross Profit Margin		13.31%
Selling, General & Admin	$17.56M	$16.20M
YoY Change	8.39%	1.24%
% of Gross Profit	86.92%	88.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.00M	$13.80M
YoY Change	8.7%	-1.43%
% of Gross Profit	74.26%	75.0%
Operating Expenses	$17.56M	$16.20M
YoY Change	8.39%	1.24%
Operating Profit	$3.041M	$3.720M
YoY Change	-18.25%	-232.86%
Interest Expense	$1.476M	$1.223M
YoY Change	20.69%	-143.68%
% of Operating Profit	48.54%	32.88%
Other Income/Expense, Net	-$1.623M	-$1.392M
YoY Change	16.59%	-378.4%
Pretax Income	$1.418M	$2.328M
YoY Change	-39.09%	-144.77%
Income Tax	$329.0K	$974.0K
% Of Pretax Income	23.2%	41.84%
Net Earnings	$1.058M	$1.353M
YoY Change	-21.8%	-142.28%
Net Earnings / Revenue		0.98%
Basic Earnings Per Share	$0.06	$0.08
Diluted Earnings Per Share	$0.06	$0.08
COMMON SHARES
Basic Shares Outstanding	17.21M shares	16.90M shares
Diluted Shares Outstanding	17.83M shares	17.43M shares

Balance Sheet

Concept	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$39.30M	$28.90M
YoY Change	35.99%	5.86%
Cash & Equivalents	$39.29M	$28.88M
Short-Term Investments
Other Short-Term Assets	$22.13M	$67.50M
YoY Change	-67.22%	-29.91%
Inventory
Prepaid Expenses
Receivables	$26.63M	$24.10M
Other Receivables	$3.400M	$3.600M
Total Short-Term Assets	$133.4M	$124.0M
YoY Change	7.56%	-14.66%
LONG-TERM ASSETS
Property, Plant & Equipment	$539.2M	$475.5M
YoY Change	13.4%	-5.28%
Goodwill	$250.4M
YoY Change
Intangibles	$140.1M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$33.98M	$14.00M
YoY Change	142.74%	17.65%
Total Long-Term Assets	$963.8M	$813.2M
YoY Change	18.52%	-3.03%
TOTAL ASSETS
Total Short-Term Assets	$133.4M	$124.0M
Total Long-Term Assets	$963.8M	$813.2M
Total Assets	$1.097B	$937.2M
YoY Change	17.07%	-4.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$63.52M	$73.70M
YoY Change	-13.82%	33.27%
Accrued Expenses	$44.93M	$39.60M
YoY Change	13.45%	-12.2%
Deferred Revenue
YoY Change
Short-Term Debt	$2.400M	$2.200M
YoY Change	9.09%	37.5%
Long-Term Debt Due	$187.3M
YoY Change
Total Short-Term Liabilities	$378.3M	$171.6M
YoY Change	120.43%	-11.77%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$107.8M
YoY Change	-100.0%	-54.72%
Other Long-Term Liabilities	$21.51M	$49.50M
YoY Change	-56.54%	39.04%
Total Long-Term Liabilities	$21.51M	$157.3M
YoY Change	-86.32%	-42.53%
TOTAL LIABILITIES
Total Short-Term Liabilities	$378.3M	$171.6M
Total Long-Term Liabilities	$21.51M	$157.3M
Total Liabilities	$443.0M	$344.4M
YoY Change	28.63%	-27.87%
SHAREHOLDERS EQUITY
Retained Earnings	$370.6M
YoY Change
Common Stock	$283.5M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$654.1M	$592.8M
YoY Change
Total Liabilities & Shareholders Equity	$1.097B	$937.2M
YoY Change	17.07%	-4.75%

Cashflow Statement

Concept	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	$1.058M	$1.353M
YoY Change	-21.8%	-142.28%
Depreciation, Depletion And Amortization	$15.00M	$13.80M
YoY Change	8.7%	-1.43%
Cash From Operating Activities	$46.72M	$55.11M
YoY Change	-15.23%	-8.91%
INVESTING ACTIVITIES
Capital Expenditures	$13.69M	$9.120M
YoY Change	50.15%	-265.82%
Acquisitions	$0.00	$6.630M
YoY Change	-100.0%
Other Investing Activities	-$6.100M	-$13.70M
YoY Change	-55.47%	-3525.0%
Cash From Investing Activities	-$19.80M	-$22.85M
YoY Change	-13.33%	348.0%
FINANCING ACTIVITIES
Cash Dividend Paid	$0.00	$10.11M
YoY Change	-100.0%
Common Stock Issuance & Retirement, Net	$954.0K	-$123.0K
YoY Change	-875.61%	-38.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$24.80M	-$30.70M
YoY Change	-19.23%	-44.07%
NET CHANGE
Cash From Operating Activities	$46.72M	$55.11M
Cash From Investing Activities	-$19.80M	-$22.85M
Cash From Financing Activities	-$24.80M	-$30.70M
Net Change In Cash	$2.111M	$1.557M
YoY Change	35.58%	211.4%
FREE CASH FLOW
Cash From Operating Activities	$46.72M	$55.11M
Capital Expenditures	$13.69M	$9.120M
Free Cash Flow	$33.02M	$45.99M
YoY Change	-28.2%	-30.32%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	63516000	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	62278000	USD
CY2012Q4	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	19084000	USD
CY2013Q1	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	15766000	USD
CY2013Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	26630000	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	47152000	USD
CY2013Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	44925000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	65537000	USD
CY2013Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1780000	USD
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1885000	USD
CY2012Q4	us-gaap	Assets Assets	1114337000	USD
CY2013Q1	us-gaap	Assets Assets	1097140000	USD
CY2013Q1	us-gaap	Assets Current AssetsCurrent	133374000	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	147064000	USD
CY2013Q1	us-gaap	Bank Overdrafts BankOverdrafts	2394000	USD
CY2012Q4	us-gaap	Bank Overdrafts BankOverdrafts	6027000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	39288000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	37177000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27325000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	28882000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2111000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1557000	USD
CY2013Q1	us-gaap	Casino Expenses CasinoExpenses	50988000	USD
CY2012Q1	us-gaap	Casino Expenses CasinoExpenses	40940000	USD
CY2013Q1	us-gaap	Casino Revenue CasinoRevenue	72089000	USD
CY2012Q1	us-gaap	Casino Revenue CasinoRevenue	59336000	USD
CY2013Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17448000	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17964000	shares
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	283496000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	274709000	USD
CY2012Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	43916000	USD
CY2013Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	64333000	USD
CY2013Q1	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	18587000	USD
CY2012Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	17794000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	8227000	USD
CY2013Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	8227000	USD
CY2013Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	24648000	USD
CY2012Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	24648000	USD
CY2012Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	13807000	USD
CY2013Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	15035000	USD
CY2012Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-1000	USD
CY2013Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-1000	USD
CY2013Q1	us-gaap	Distributed Earnings DistributedEarnings	24000	USD
CY2012Q1	us-gaap	Distributed Earnings DistributedEarnings	24000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2012Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.23
CY2012Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.42
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	0	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	443000	USD
CY2012Q1	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	9356000	USD
CY2013Q1	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	0	USD
CY2013Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	32609000	USD
CY2012Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	29599000	USD
CY2012Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	75229000	USD
CY2013Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	75229000	USD
CY2013Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	42620000	USD
CY2012Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	45630000	USD
CY2013Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	1000	USD
CY2012Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	21000	USD
CY2012Q4	us-gaap	Goodwill Goodwill	250414000	USD
CY2013Q1	us-gaap	Goodwill Goodwill	250414000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1354000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1059000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1370000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2328000	USD
CY2012Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-1000	USD
CY2013Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-1000	USD
CY2012Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-220000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-164000	USD
CY2012Q1	us-gaap	Income Tax Credits And Adjustments IncomeTaxCreditsAndAdjustments	0	USD
CY2013Q1	us-gaap	Income Tax Credits And Adjustments IncomeTaxCreditsAndAdjustments	1298000	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	974000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	311000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	26000	USD
CY2012Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	297000	USD
CY2012Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	2915000	USD
CY2013Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	3375000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2399000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-203000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-8529000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-4413000	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-460000	USD
CY2012Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	110000	USD
CY2012Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-5462000	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-8980000	USD
CY2012Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	38782000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	37378000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-3318000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	209000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	8970000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	7280000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-234000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-782000	USD
CY2012Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-4327000	USD
CY2013Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-6758000	USD
CY2012Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	222000	shares
CY2013Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	222000	shares
CY2012Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	97511000	USD
CY2013Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	97511000	USD
CY2013Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	140131000	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	143141000	USD
CY2012Q1	us-gaap	Interest Expense InterestExpense	1223000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	1476000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	1004000	USD
CY2012Q1	us-gaap	Interest Paid InterestPaid	764000	USD
CY2013Q1	us-gaap	Interest Revenue Expense Net InterestRevenueExpenseNet	-1623000	USD
CY2012Q1	us-gaap	Interest Revenue Expense Net InterestRevenueExpenseNet	-1392000	USD
CY2013Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	10000	USD
CY2012Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	18000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	470042000	USD
CY2013Q1	us-gaap	Liabilities Liabilities	443000000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1114337000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1097140000	USD
CY2012Q1	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	-395000	USD
CY2013Q1	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	0	USD
CY2013Q1	us-gaap	Liabilities Current LiabilitiesCurrent	378252000	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	406570000	USD
CY2012Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	209728000	USD
CY2013Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	187318000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-24801000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-30704000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19803000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-22848000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	46715000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	55109000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	1058000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	1353000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1034000	USD
CY2012Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1329000	USD
CY2012Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1392000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1623000	USD
CY2013Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	4	Segments
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	3720000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2993000	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	2900000	USD
CY2013Q1	us-gaap	Other Assets Current OtherAssetsCurrent	22127000	USD
CY2012Q4	us-gaap	Other Assets Current OtherAssetsCurrent	13352000	USD
CY2013Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	33983000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	30836000	USD
CY2012Q1	us-gaap	Other Expenses OtherExpenses	5709000	USD
CY2013Q1	us-gaap	Other Expenses OtherExpenses	5427000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	21030000	USD
CY2013Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	21513000	USD
CY2013Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-244000	USD
CY2012Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-228000	USD
CY2012Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	33000	USD
CY2013Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	7000	USD
CY2013Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	5255000	USD
CY2012Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	4643000	USD
CY2012Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	268000	USD
CY2013Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1007000	USD
CY2013Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	0	USD
CY2012Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	10110000	USD
CY2013Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2012Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	6630000	USD
CY2012Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	4275000	USD
CY2013Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	3500000	USD
CY2012Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	1100000	USD
CY2013Q1	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	0	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13694000	USD
CY2012Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9120000	USD
CY2013Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	250000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	250000	shares
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	391000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	53000	USD
CY2012Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	79135000	USD
CY2013Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	103387000	USD
CY2012Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-1482000	USD
CY2013Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-365000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	65000	USD
CY2012Q1	us-gaap	Promotional Allowances PromotionalAllowances	4400000	USD
CY2013Q1	us-gaap	Promotional Allowances PromotionalAllowances	7300000	USD
CY2012Q1	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	9120000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	13694000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	542882000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	539238000	USD
CY2013Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	125796000	USD
CY2012Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	98936000	USD
CY2013Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	33727000	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	38241000	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	370644000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	369586000	USD
CY2013Q1	us-gaap	Revenue Recognition Loyalty Programs RevenueRecognitionLoyaltyPrograms	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">he Company’s customer loyalty programs offer incentives to customers who wager at the Company’s racetracks, through its advance deposit wagering platform, TwinSpires.com, or at its gaming facilities. The TSC Elite program is for pari-mutuel wagering at the Company’s racetracks or through TwinSpires.com. The Player’s Club is offered at the Company’s gaming facilities in Louisiana, Florida and Mississippi. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2012</font><font style="font-family:inherit;font-size:10pt;">, the outstanding reward point liabilities was $</font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2.1 million</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div>
CY2012Q1	us-gaap	Revenues From Transactions With Other Operating Segments Of Same Entity RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity	0	USD
CY2013Q1	us-gaap	Revenues From Transactions With Other Operating Segments Of Same Entity RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity	0	USD
CY2012Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	138196000	USD
CY2013Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	148073000	USD
CY2012Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	16199000	USD
CY2013Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	17558000	USD
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1924000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3363000	USD
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	75000	shares
CY2013Q1	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	8000000	USD
CY2012Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	5110000	USD
CY2013Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	26174000	USD
CY2013Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	282000	shares
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	644295000	USD
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	654140000	USD
CY2013Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	8800000	USD
CY2013Q1	us-gaap	Unrecognized Tax Benefits Interest On Income Taxes Accrued UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued	200000	USD
CY2013Q1	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	900000	USD
CY2013Q1	us-gaap	Unusual Or Infrequent Item Insurance Proceeds UnusualOrInfrequentItemInsuranceProceeds	0	USD
CY2012Q1	us-gaap	Unusual Or Infrequent Item Insurance Proceeds UnusualOrInfrequentItemInsuranceProceeds	-1369000	USD
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17433000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17828000	shares
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16903000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	17209000	shares
CY2013Q1	chdn	Change In Book Overdraft ChangeInBookOverdraft	-3633000	USD
CY2012Q1	chdn	Change In Book Overdraft ChangeInBookOverdraft	-3241000	USD
CY2013Q1	chdn	Common Stock Vesting Period CommonStockVestingPeriod	P4Y
CY2012Q4	chdn	Customer Loyalty Program Liability CustomerLoyaltyProgramLiability	2100000	USD
CY2013Q1	chdn	Customer Loyalty Program Liability CustomerLoyaltyProgramLiability	2100000	USD
CY2012Q1	chdn	Ebitda Ebitda	3720000	USD
CY2013Q1	chdn	Ebitda Ebitda	2993000	USD
CY2012Q1	chdn	Estimated Cost Of Providing Promotional Allowances EstimatedCostOfProvidingPromotionalAllowances	1200000	USD
CY2013Q1	chdn	Estimated Cost Of Providing Promotional Allowances EstimatedCostOfProvidingPromotionalAllowances	2300000	USD
CY2013Q1	chdn	Income Loss From Continuing Operations Basic IncomeLossFromContinuingOperationsBasic	-1035000	USD
CY2012Q1	chdn	Income Loss From Continuing Operations Basic IncomeLossFromContinuingOperationsBasic	-1330000	USD
CY2012Q1	chdn	Income Loss From Continuing Operations Diluted IncomeLossFromContinuingOperationsDiluted	1353000	USD
CY2013Q1	chdn	Income Loss From Continuing Operations Diluted IncomeLossFromContinuingOperationsDiluted	1058000	USD
CY2012Q1	chdn	Increase Decrease In Deposit Wagering Asset IncreaseDecreaseInDepositWageringAsset	1675000	USD
CY2013Q1	chdn	Increase Decrease In Deposit Wagering Asset IncreaseDecreaseInDepositWageringAsset	2244000	USD
CY2013Q1	chdn	Increase Decrease In Deposit Wagering Liability IncreaseDecreaseInDepositWageringLiability	2244000	USD
CY2012Q1	chdn	Increase Decrease In Deposit Wagering Liability IncreaseDecreaseInDepositWageringLiability	1882000	USD
CY2012Q1	chdn	Incremental Common Shares Attributable To Participating Securities IncrementalCommonSharesAttributableToParticipatingSecurities	308000	shares
CY2013Q1	chdn	Incremental Common Shares Attributable To Participating Securities IncrementalCommonSharesAttributableToParticipatingSecurities	397000	shares
CY2012Q1	chdn	Insurance Recoveries Net Of Losses InsuranceRecoveriesNetOfLosses	1511000	USD
CY2013Q1	chdn	Insurance Recoveries Net Of Losses InsuranceRecoveriesNetOfLosses	375000	USD
CY2012Q4	chdn	Intangible Assets Excluding Goodwill Gross IntangibleAssetsExcludingGoodwillGross	172740000	USD
CY2013Q1	chdn	Intangible Assets Excluding Goodwill Gross IntangibleAssetsExcludingGoodwillGross	172740000	USD
CY2012Q1	chdn	Live Racing Days LiveRacingDays	56	D
CY2013Q1	chdn	Live Racing Days LiveRacingDays	56	D
CY2012Q1	chdn	Loan Orgination Fees LoanOrginationFees	0	USD
CY2013Q1	chdn	Loan Orgination Fees LoanOrginationFees	-49000	USD
CY2012Q1	chdn	Net Earnings And Comprehensive Income NetEarningsAndComprehensiveIncome	1353000	USD
CY2013Q1	chdn	Net Earnings And Comprehensive Income NetEarningsAndComprehensiveIncome	1058000	USD
CY2013Q1	chdn	Online Expense OnlineExpense	30362000	USD
CY2012Q1	chdn	Online Expense OnlineExpense	30151000	USD
CY2013Q1	chdn	Online Revenue OnlineRevenue	42916000	USD
CY2012Q1	chdn	Online Revenue OnlineRevenue	44035000	USD
CY2012Q1	chdn	Participating Securities Distributed And Undistributed Earnings Continuing Operations ParticipatingSecuritiesDistributedAndUndistributedEarningsContinuingOperations	24000	USD
CY2013Q1	chdn	Participating Securities Distributed And Undistributed Earnings Continuing Operations ParticipatingSecuritiesDistributedAndUndistributedEarningsContinuingOperations	24000	USD
CY2012Q1	chdn	Payments To Acquire Businesses Net Of Cash Acquired Portion Attributable To Contingent Consideration PaymentsToAcquireBusinessesNetOfCashAcquiredPortionAttributableToContingentConsideration	-2331000	USD
CY2013Q1	chdn	Racing Expense RacingExpense	41120000	USD
CY2013Q1	chdn	Payments To Acquire Businesses Net Of Cash Acquired Portion Attributable To Contingent Consideration PaymentsToAcquireBusinessesNetOfCashAcquiredPortionAttributableToContingentConsideration	0	USD
CY2012Q1	chdn	Racing Expense RacingExpense	42988000	USD
CY2013Q1	chdn	Racing Revenue RacingRevenue	27813000	USD
CY2012Q1	chdn	Racing Revenue RacingRevenue	30182000	USD
CY2013Q1	chdn	Trading Days TradingDays	P20D
CY2013Q1	chdn	Unrecognized Tax Benefits Related To Hre Trust Fund UnrecognizedTaxBenefitsRelatedToHreTrustFund	7200000	USD
CY2013Q1	dei	Amendment Flag AmendmentFlag	false
CY2013Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Period End Date DocumentPeriodEndDate	2013-03-31
CY2013Q1	dei	Document Type DocumentType	10-Q
CY2013Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000020212
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17964041	shares
CY2013Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2013Q1	dei	Entity Registrant Name EntityRegistrantName	CHURCHILL DOWNS INC

Files In Submission

Name	View Source	Status
0000020212-13-000023-index-headers.html	Edgar Link	pending
0000020212-13-000023-index.html	Edgar Link	pending
0000020212-13-000023.txt	Edgar Link	pending
0000020212-13-000023-xbrl.zip	Edgar Link	pending
cdilogo3a02.jpg	Edgar Link	pending
chdn-20130331.xml	Edgar Link	completed
chdn-20130331.xsd	Edgar Link	pending
chdn-20130331_cal.xml	Edgar Link	unprocessable
chdn-20130331_def.xml	Edgar Link	unprocessable
chdn-20130331_lab.xml	Edgar Link	unprocessable
chdn-20130331_pre.xml	Edgar Link	unprocessable
chdn2013033110q1.htm	Edgar Link	pending
exhibit31a20130310q.htm	Edgar Link	pending
exhibit31b201310q.htm	Edgar Link	pending
exhibit32201310q.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R37.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
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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

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$CHDN
Churchill Downs Inc Stock $chdn

2013 Q1 Form 10-Q Financial Statement

#000002021213000023 Filed on April 24, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CHDN Churchill Downs Inc Stock $chdn

2013 Q1 Form 10-Q Financial Statement

#000002021213000023 Filed on April 24, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CHDN
Churchill Downs Inc Stock $chdn