2014 Q4 Form 10-Q Financial Statement

#000002021214000046 Filed on October 29, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $168.1M $0.00 $0.00
YoY Change 3.71%
Cost Of Revenue $153.5M $146.9M $154.1M
YoY Change -49.92% -4.67% 11.02%
Gross Profit $14.60M $26.50M $31.40M
YoY Change -110.11% -15.61% 20.31%
Gross Profit Margin 8.68%
Selling, General & Admin $24.10M $18.18M $21.19M
YoY Change 8.56% -14.22% 16.18%
% of Gross Profit 165.07% 68.58% 67.48%
Research & Development $0.00 $0.00
YoY Change
% of Gross Profit 0.0% 0.0%
Depreciation & Amortization $20.00M $2.300M $15.80M
YoY Change 25.0% -85.44% 17.91%
% of Gross Profit 136.99% 8.68% 50.32%
Operating Expenses $24.10M $18.18M $21.19M
YoY Change -117.28% -14.22% 16.18%
Operating Profit -$9.500M $8.373M $10.25M
YoY Change 93.88% -18.34% 31.23%
Interest Expense -$5.700M $5.173M $1.407M
YoY Change 16.33% 267.66% 61.17%
% of Operating Profit 61.78% 13.72%
Other Income/Expense, Net $100.0K -$3.996M $2.150M
YoY Change -50.0% -285.86% -388.98%
Pretax Income -$18.80M $4.377M $12.40M
YoY Change 93.81% -64.71% 75.46%
Income Tax -$5.000M $846.0K $3.195M
% Of Pretax Income 19.33% 25.76%
Net Earnings -$13.80M $3.531M $9.249M
YoY Change 142.11% -61.82% 54.85%
Net Earnings / Revenue -8.21%
Basic Earnings Per Share -$0.81 $0.21 $0.52
Diluted Earnings Per Share -$0.81 $0.20 $0.52
COMMON SHARES
Basic Shares Outstanding 17.32M shares 17.02M shares 17.33M shares
Diluted Shares Outstanding 17.30M shares 17.96M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $67.90M $42.00M $43.80M
YoY Change 51.9% -4.11% 46.0%
Cash & Equivalents $74.50M $49.50M $43.75M
Short-Term Investments
Other Short-Term Assets $24.14M $16.39M $14.50M
YoY Change 100.52% 13.08% 21.22%
Inventory
Prepaid Expenses
Receivables $75.89M $35.41M $40.28M
Other Receivables $29.40M $0.00 $0.00
Total Short-Term Assets $242.5M $126.3M $147.6M
YoY Change 50.91% -14.38% 10.77%
LONG-TERM ASSETS
Property, Plant & Equipment $595.3M $591.7M $576.1M
YoY Change 1.68% 2.7% 22.71%
Goodwill $840.9M $300.6M $298.2M
YoY Change 179.73% 0.8% 36.96%
Intangibles $550.0M $191.9M $205.9M
YoY Change 177.55% -6.78% 100.05%
Long-Term Investments $109.5M $99.20M
YoY Change 27.03%
Other Assets $17.94M $22.51M $60.02M
YoY Change -15.1% -62.49% 279.58%
Total Long-Term Assets $2.114B $1.206B $1.140B
YoY Change 77.39% 5.76% 41.47%
TOTAL ASSETS
Total Short-Term Assets $242.5M $126.3M $147.6M
Total Long-Term Assets $2.114B $1.206B $1.140B
Total Assets $2.356B $1.332B $1.288B
YoY Change 74.25% 3.45% 37.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.18M $49.02M $71.69M
YoY Change 4.77% -31.61% 21.5%
Accrued Expenses $93.29M $62.89M $61.56M
YoY Change 38.55% 2.17% 19.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $2.600M $4.900M
YoY Change -100.0% -46.94% 104.17%
Long-Term Debt Due $11.25M $0.00
YoY Change
Total Short-Term Liabilities $336.2M $167.3M $179.6M
YoY Change 57.71% -6.86% 13.21%
LONG-TERM LIABILITIES
Long-Term Debt $752.9M $383.4M $324.8M
YoY Change 988.08% 18.05% 363.99%
Other Long-Term Liabilities $21.72M $20.06M $18.22M
YoY Change 22.33% 10.1% -18.87%
Total Long-Term Liabilities $774.6M $403.5M $343.0M
YoY Change 790.89% 17.62% 270.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $336.2M $167.3M $179.6M
Total Long-Term Liabilities $774.6M $403.5M $343.0M
Total Liabilities $1.656B $617.3M $563.6M
YoY Change 155.8% 9.52% 97.86%
SHAREHOLDERS EQUITY
Retained Earnings $437.8M $469.0M $430.2M
YoY Change 7.1% 9.02% 13.29%
Common Stock $262.3M $246.0M $294.0M
YoY Change -11.38% -16.34% 7.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $700.1M $715.0M $724.2M
YoY Change
Total Liabilities & Shareholders Equity $2.356B $1.332B $1.288B
YoY Change 74.25% 3.45% 37.12%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$13.80M $3.531M $9.249M
YoY Change 142.11% -61.82% 54.85%
Depreciation, Depletion And Amortization $20.00M $2.300M $15.80M
YoY Change 25.0% -85.44% 17.91%
Cash From Operating Activities $27.40M -$4.900M $14.10M
YoY Change -10.16% -134.75% 135.0%
INVESTING ACTIVITIES
Capital Expenditures -$5.600M -$12.60M -$8.600M
YoY Change -66.67% 46.51% -23.21%
Acquisitions
YoY Change
Other Investing Activities -$375.3M -$1.600M -$169.8M
YoY Change 838.25% -99.06% -5245.45%
Cash From Investing Activities -$380.9M -$14.20M -$178.4M
YoY Change 570.6% -92.04% 2158.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 379.5M 14.50M 169.1M
YoY Change 1295.22% -91.43% 169000.0%
NET CHANGE
Cash From Operating Activities 27.40M -4.900M 14.10M
Cash From Investing Activities -380.9M -14.20M -178.4M
Cash From Financing Activities 379.5M 14.50M 169.1M
Net Change In Cash 26.00M -4.600M 4.800M
YoY Change 2788.89% -195.83% -366.67%
FREE CASH FLOW
Cash From Operating Activities $27.40M -$4.900M $14.10M
Capital Expenditures -$5.600M -$12.60M -$8.600M
Free Cash Flow $33.00M $7.700M $22.70M
YoY Change -30.23% -66.08% 31.98%

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20482000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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9305000 USD
us-gaap Increase Decrease In Accrued Liabilities
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2707000 USD
us-gaap Increase Decrease In Accrued Liabilities
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2202000 USD
us-gaap Increase Decrease In Book Overdrafts
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1580000 USD
us-gaap Increase Decrease In Book Overdrafts
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-1103000 USD
us-gaap Increase Decrease In Deferred Revenue
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-17100000 USD
us-gaap Increase Decrease In Deferred Revenue
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-24797000 USD
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-3284000 USD
us-gaap Increase Decrease In Other Accounts Payable
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-6336000 USD
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3346000 USD
us-gaap Increase Decrease In Other Current Assets
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793000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-2338000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-921000 USD
us-gaap Increase Decrease In Restricted Cash
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-8525000 USD
us-gaap Increase Decrease In Restricted Cash
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CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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102000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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239000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
254000 shares
CY2014Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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158343000 USD
CY2013Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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158343000 USD
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
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191915000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
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us-gaap Interest Expense
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4139000 USD
CY2014Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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CY2013Q3 us-gaap Interest Expense
InterestExpense
1407000 USD
us-gaap Interest Expense Related Party
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CY2014Q3 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
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us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
CY2013Q3 us-gaap Interest Expense Related Party
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us-gaap Interest Income Expense Net
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us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2014Q3 us-gaap Interest Income Expense Net
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us-gaap Interest Paid
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us-gaap Interest Paid
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2847000 USD
CY2013Q4 us-gaap Interest Payable Current
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859000 USD
CY2014Q3 us-gaap Interest Payable Current
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5026000 USD
CY2013Q3 us-gaap Investment Income Interest
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6000 USD
us-gaap Investment Income Interest
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105000 USD
CY2014Q3 us-gaap Investment Income Interest
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6000 USD
us-gaap Investment Income Interest
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15000 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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86151000 USD
CY2014Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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99198000 USD
CY2013Q4 us-gaap Liabilities
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647472000 USD
CY2014Q3 us-gaap Liabilities
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617265000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
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1332264000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
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1352261000 USD
us-gaap Liabilities Assumed1
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6179000 USD
us-gaap Liabilities Assumed1
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0 USD
CY2014Q3 us-gaap Liabilities Current
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167281000 USD
CY2013Q4 us-gaap Liabilities Current
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213206000 USD
CY2014Q3 us-gaap Long Term Debt Noncurrent
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CY2013Q4 us-gaap Long Term Debt Noncurrent
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369191000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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114245000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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114373000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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9054000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59324000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3494000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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59541000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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60605000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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9249000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2013Q3 us-gaap Nonoperating Income Expense
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2150000 USD
CY2014Q3 us-gaap Nonoperating Income Expense
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CY2014Q3 us-gaap Number Of Operating Segments
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us-gaap Operating Income Loss
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95413000 USD
us-gaap Operating Income Loss
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CY2013Q3 us-gaap Operating Income Loss
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10253000 USD
CY2014Q3 us-gaap Operating Income Loss
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8373000 USD
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2900000 USD
CY2013Q4 us-gaap Other Assets Current
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CY2014Q3 us-gaap Other Assets Current
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16393000 USD
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us-gaap Other Expenses
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17885000 USD
CY2014Q3 us-gaap Other Expenses
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5837000 USD
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6367000 USD
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Other Nonrecurring Expense
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2298000 USD
CY2014Q3 us-gaap Other Nonrecurring Expense
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2298000 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
CY2013Q3 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
CY2014Q3 us-gaap Other Sales Revenue Net
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4539000 USD
us-gaap Other Sales Revenue Net
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13813000 USD
CY2013Q3 us-gaap Other Sales Revenue Net
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us-gaap Other Sales Revenue Net
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18302000 USD
CY2014Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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37000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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1281000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
623000 USD
CY2013Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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193000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Debt Issuance Costs
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1029000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Dividends
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15186000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Payments Of Financing Costs
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170000 USD
us-gaap Payments Of Financing Costs
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2038000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
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2250000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
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2250000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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154872000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
us-gaap Payments To Acquire Intangible Assets
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0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2500000 USD
us-gaap Payments To Acquire Interest In Joint Venture
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9375000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
27000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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48854000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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29858000 USD
CY2013Q3 us-gaap Pre Opening Costs
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500000 USD
CY2014Q3 us-gaap Pre Opening Costs
PreOpeningCosts
0 USD
us-gaap Pre Opening Costs
PreOpeningCosts
27000 USD
us-gaap Pre Opening Costs
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1211000 USD
CY2013Q4 us-gaap Preferred Stock Shares Authorized
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250000 shares
CY2014Q3 us-gaap Preferred Stock Shares Authorized
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CY2014Q3 us-gaap Preferred Stock Value
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0 USD
CY2013Q4 us-gaap Preferred Stock Value
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us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
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17881000 shares
CY2013Q3 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
17955000 shares
us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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7475000 USD
us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Payments To Minority Shareholders
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us-gaap Proceeds From Payments To Minority Shareholders
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us-gaap Promotional Allowances
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us-gaap Promotional Allowances
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us-gaap Property Plant And Equipment Additions
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48854000 USD
us-gaap Property Plant And Equipment Additions
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CY2013Q4 us-gaap Property Plant And Equipment Net
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us-gaap Repayments Of Lines Of Credit
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us-gaap Repayments Of Lines Of Credit
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526611000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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36074000 USD
CY2014Q3 us-gaap Restructuring Reserve Accelerated Depreciation
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CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
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468998000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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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;">The Company&#8217;s customer loyalty programs offer incentives to customers who wager at the Company&#8217;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&#8217;s racetracks or through TwinSpires.com. The Player&#8217;s Club is offered at the Company&#8217;s gaming facilities in Louisiana, Florida, Maine and Mississippi. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2014</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&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">, the outstanding reward point liabilities were $2.0 million and $2.1 million, respectively, and were included in accrued expenses.</font></div></div>
CY2013Q3 us-gaap Revenues
Revenues
0 USD
us-gaap Revenues
Revenues
0 USD
CY2014Q3 us-gaap Revenues
Revenues
0 USD
us-gaap Revenues
Revenues
0 USD
us-gaap Sales Revenue Services Net
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us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
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CY2013Q3 us-gaap Sales Revenue Services Net
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CY2014Q3 us-gaap Sales Revenue Services Net
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CY2013Q3 us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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60604000 USD
us-gaap Selling General And Administrative Expense
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CY2014Q3 us-gaap Selling General And Administrative Expense
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CY2014Q3 us-gaap Severance Costs1
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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15567000 USD
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92000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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155000 shares
us-gaap Stock Granted During Period Value Sharebased Compensation
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us-gaap Stock Granted During Period Value Sharebased Compensation
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us-gaap Stock Repurchased And Retired During Period Value
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us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2014Q3 us-gaap Stock Repurchased During Period Shares
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CY2013Q4 us-gaap Stockholders Equity
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CY2014Q3 us-gaap Stockholders Equity
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CY2014Q3 us-gaap Taxes Payable Current
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4513000 USD
CY2013Q4 us-gaap Taxes Payable Current
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0 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
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800000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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800000 USD
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
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17269000 shares
CY2013Q3 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
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CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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17955000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17303000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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17881000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17670000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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17020000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17322000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17328000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17269000 shares
CY2014Q3 chdn Account Wagering Deposit Liability
AccountWageringDepositLiability
18275000 USD
CY2013Q4 chdn Account Wagering Deposit Liability
AccountWageringDepositLiability
18679000 USD
CY2013Q3 chdn Adjusted Corporate Ebitda
AdjustedCorporateEBITDA
-1215000 USD
CY2014Q3 chdn Adjusted Corporate Ebitda
AdjustedCorporateEBITDA
-1398000 USD
chdn Adjusted Corporate Ebitda
AdjustedCorporateEBITDA
-3380000 USD
chdn Adjusted Corporate Ebitda
AdjustedCorporateEBITDA
-3645000 USD
CY2014Q3 chdn Adjusted Segment Ebitda
AdjustedSegmentEBITDA
33552000 USD
chdn Adjusted Segment Ebitda
AdjustedSegmentEBITDA
176817000 USD
CY2013Q3 chdn Adjusted Segment Ebitda
AdjustedSegmentEBITDA
33056000 USD
chdn Adjusted Segment Ebitda
AdjustedSegmentEBITDA
160263000 USD
CY2014Q3 chdn Barn Stalls
BarnStalls
430 terminal
chdn Equity Method Depreciation Amortization
EquityMethodDepreciationAmortization
114000 USD
CY2013Q3 chdn Equity Method Depreciation Amortization
EquityMethodDepreciationAmortization
101000 USD
CY2014Q3 chdn Equity Method Depreciation Amortization
EquityMethodDepreciationAmortization
3474000 USD
chdn Equity Method Depreciation Amortization
EquityMethodDepreciationAmortization
10315000 USD
CY2014Q3 chdn Equity Method Investment Expenses
EquityMethodInvestmentExpenses
26123000 USD
chdn Equity Method Investment Expenses
EquityMethodInvestmentExpenses
4703000 USD
CY2013Q3 chdn Equity Method Investment Expenses
EquityMethodInvestmentExpenses
1347000 USD
chdn Equity Method Investment Expenses
EquityMethodInvestmentExpenses
76387000 USD
CY2014Q3 chdn Equity Method Investment Gaming Revenue
EquityMethodInvestmentGamingRevenue
33365000 USD
chdn Equity Method Investment Gaming Revenue
EquityMethodInvestmentGamingRevenue
0 USD
chdn Equity Method Investment Gaming Revenue
EquityMethodInvestmentGamingRevenue
98928000 USD
CY2013Q3 chdn Equity Method Investment Gaming Revenue
EquityMethodInvestmentGamingRevenue
0 USD
CY2014Q3 chdn Equity Method Investment Interest
EquityMethodInvestmentInterest
1380000 USD
chdn Equity Method Investment Interest
EquityMethodInvestmentInterest
0 USD
chdn Equity Method Investment Interest
EquityMethodInvestmentInterest
3654000 USD
CY2013Q3 chdn Equity Method Investment Interest
EquityMethodInvestmentInterest
0 USD
CY2013Q4 chdn Equity Method Investment Longterm Debt Current Maturities
EquityMethodInvestmentLongtermDebtCurrentMaturities
8332000 USD
CY2014Q3 chdn Equity Method Investment Longterm Debt Current Maturities
EquityMethodInvestmentLongtermDebtCurrentMaturities
8332000 USD
chdn Equity Method Investment Non Gaming Revenue
EquityMethodInvestmentNonGamingRevenue
4833000 USD
chdn Equity Method Investment Non Gaming Revenue
EquityMethodInvestmentNonGamingRevenue
4509000 USD
CY2013Q3 chdn Equity Method Investment Non Gaming Revenue
EquityMethodInvestmentNonGamingRevenue
1305000 USD
CY2014Q3 chdn Equity Method Investment Non Gaming Revenue
EquityMethodInvestmentNonGamingRevenue
1289000 USD
CY2013Q3 chdn Equity Method Investment Operating Income Loss
EquityMethodInvestmentOperatingIncomeLoss
-1144000 USD
chdn Equity Method Investment Operating Income Loss
EquityMethodInvestmentOperatingIncomeLoss
17005000 USD
CY2014Q3 chdn Equity Method Investment Operating Income Loss
EquityMethodInvestmentOperatingIncomeLoss
5057000 USD
chdn Equity Method Investment Operating Income Loss
EquityMethodInvestmentOperatingIncomeLoss
-2730000 USD
chdn Equity Method Investment Pre Opening Expenses
EquityMethodInvestmentPreOpeningExpenses
54000 USD
CY2013Q3 chdn Equity Method Investment Pre Opening Expenses
EquityMethodInvestmentPreOpeningExpenses
1001000 USD
chdn Equity Method Investment Pre Opening Expenses
EquityMethodInvestmentPreOpeningExpenses
2422000 USD
CY2014Q3 chdn Equity Method Investment Pre Opening Expenses
EquityMethodInvestmentPreOpeningExpenses
0 USD
CY2014Q3 chdn Equity Method Investment Property Plant Equipment
EquityMethodInvestmentPropertyPlantEquipment
133021000 USD
CY2013Q4 chdn Equity Method Investment Property Plant Equipment
EquityMethodInvestmentPropertyPlantEquipment
151434000 USD
chdn Estimated Cost Of Providing Promotional Allowances
EstimatedCostOfProvidingPromotionalAllowances
6900000 USD
CY2014Q3 chdn Estimated Cost Of Providing Promotional Allowances
EstimatedCostOfProvidingPromotionalAllowances
2300000 USD
chdn Estimated Cost Of Providing Promotional Allowances
EstimatedCostOfProvidingPromotionalAllowances
7200000 USD
CY2013Q3 chdn Estimated Cost Of Providing Promotional Allowances
EstimatedCostOfProvidingPromotionalAllowances
2400000 USD
chdn Illinois Hre Trust Fund Proceeds
IllinoisHRETrustFundProceeds
0 USD
chdn Illinois Hre Trust Fund Proceeds
IllinoisHRETrustFundProceeds
4541000 USD
CY2013Q3 chdn Illinois Hre Trust Fund Proceeds
IllinoisHRETrustFundProceeds
4249000 USD
CY2014Q3 chdn Illinois Hre Trust Fund Proceeds
IllinoisHRETrustFundProceeds
0 USD
chdn Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
-59325000 USD
CY2014Q3 chdn Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
-3494000 USD
CY2013Q3 chdn Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
-9015000 USD
chdn Income Loss From Continuing Operations Basic
IncomeLossFromContinuingOperationsBasic
-59541000 USD
CY2014Q3 chdn Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
3531000 USD
chdn Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
60164000 USD
CY2013Q3 chdn Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
9208000 USD
chdn Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
60606000 USD
chdn Increase Decrease In Deposit Wagering Asset
IncreaseDecreaseInDepositWageringAsset
3841000 USD
chdn Increase Decrease In Deposit Wagering Asset
IncreaseDecreaseInDepositWageringAsset
-404000 USD
CY2013Q3 chdn Incremental Common Shares Attributable To Participating Securities
IncrementalCommonSharesAttributableToParticipatingSecurities
373000 shares
chdn Incremental Common Shares Attributable To Participating Securities
IncrementalCommonSharesAttributableToParticipatingSecurities
373000 shares
chdn Incremental Common Shares Attributable To Participating Securities
IncrementalCommonSharesAttributableToParticipatingSecurities
181000 shares
CY2014Q3 chdn Incremental Common Shares Attributable To Participating Securities
IncrementalCommonSharesAttributableToParticipatingSecurities
181000 shares
CY2014Q3 chdn Insurance Recoveries Net Of Losses
InsuranceRecoveriesNetOfLosses
0 USD
CY2013Q3 chdn Insurance Recoveries Net Of Losses
InsuranceRecoveriesNetOfLosses
0 USD
chdn Insurance Recoveries Net Of Losses
InsuranceRecoveriesNetOfLosses
431000 USD
chdn Insurance Recoveries Net Of Losses
InsuranceRecoveriesNetOfLosses
375000 USD
CY2013Q4 chdn Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
234345000 USD
CY2014Q3 chdn Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
234345000 USD
CY2014Q3 chdn Investment Affiliate Other Liabilities
InvestmentAffiliateOtherLiabilities
75000 USD
CY2013Q4 chdn Investment Affiliate Other Liabilities
InvestmentAffiliateOtherLiabilities
75000 USD
chdn Live Racing Days
LiveRacingDays
271 D
chdn Live Racing Days
LiveRacingDays
284 D
CY2013Q3 chdn Live Racing Days
LiveRacingDays
104 D
CY2014Q3 chdn Live Racing Days
LiveRacingDays
65 D
chdn Net Earnings And Comprehensive Income
NetEarningsAndComprehensiveIncome
60605000 USD
CY2014Q3 chdn Net Earnings And Comprehensive Income
NetEarningsAndComprehensiveIncome
3531000 USD
chdn Net Earnings And Comprehensive Income
NetEarningsAndComprehensiveIncome
60164000 USD
CY2013Q3 chdn Net Earnings And Comprehensive Income
NetEarningsAndComprehensiveIncome
9249000 USD
CY2013Q3 chdn Online Expense
OnlineExpense
32227000 USD
chdn Online Expense
OnlineExpense
102260000 USD
chdn Online Expense
OnlineExpense
95807000 USD
CY2014Q3 chdn Online Expense
OnlineExpense
31872000 USD
CY2014Q3 chdn Online Revenue
OnlineRevenue
46266000 USD
chdn Online Revenue
OnlineRevenue
149426000 USD
chdn Online Revenue
OnlineRevenue
143969000 USD
CY2013Q3 chdn Online Revenue
OnlineRevenue
48522000 USD
CY2014Q3 chdn Pennsylvania Adw Taxrefund
PennsylvaniaADWTaxrefund
1900000 USD
CY2014Q3 chdn Pennsylvania Outofstate Ad Wtax
PennsylvaniaOutofstateADWtax
0.10
CY2013Q3 chdn Racing Expense
RacingExpense
54375000 USD
chdn Racing Expense
RacingExpense
175195000 USD
chdn Racing Expense
RacingExpense
185655000 USD
CY2014Q3 chdn Racing Expense
RacingExpense
46492000 USD
chdn Racing Revenue
RacingRevenue
235887000 USD
CY2014Q3 chdn Racing Revenue
RacingRevenue
41055000 USD
CY2013Q3 chdn Racing Revenue
RacingRevenue
50687000 USD
chdn Racing Revenue
RacingRevenue
231069000 USD
CY2014Q3 chdn Rateof Nonstakes Purse Supplements Payable
RateofNonstakesPurseSupplementsPayable
0.10
CY2014Q2 chdn Rateof Nonstakes Purse Supplements Payable
RateofNonstakesPurseSupplementsPayable
0.12
CY2014Q3 chdn Share Based Compensation Arrangementsby Share Based Payment Award Equity Instruments Otherthanoptionsvestedinperiod
ShareBasedCompensationArrangementsbyShareBasedPaymentAwardEquityInstrumentsOtherthanoptionsvestedinperiod
84500 shares
CY2013 chdn Trading Days
TradingDays
20
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000020212
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17322487 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
CHURCHILL DOWNS INC

Files In Submission

Name View Source Status
0000020212-14-000046-index-headers.html Edgar Link pending
0000020212-14-000046-index.html Edgar Link pending
0000020212-14-000046.txt Edgar Link pending
0000020212-14-000046-xbrl.zip Edgar Link pending
chdn-20140930.xml Edgar Link completed
chdn-20140930.xsd Edgar Link pending
chdn-20140930_cal.xml Edgar Link unprocessable
chdn-20140930_def.xml Edgar Link unprocessable
chdn-20140930_lab.xml Edgar Link unprocessable
chdn-20140930_pre.xml Edgar Link unprocessable
chdn201493010q.htm Edgar Link pending
churchilldownslogoa01a01a01.jpg Edgar Link pending
exhibit31a2014910q.htm Edgar Link pending
exhibit31b2014910q.htm Edgar Link pending
exhibit322014910q.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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