2022 Q1 Form 10-Q Financial Statement

#000002021222000094 Filed on April 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1 2020 Q4
Revenue $364.1M $324.3M $278.2M
YoY Change 12.27% 28.23% -0.86%
Cost Of Revenue $267.8M $234.0M $194.3M
YoY Change 14.44% 16.13% -9.67%
Gross Profit $96.30M $90.30M $83.90M
YoY Change 6.64% 75.68% 28.09%
Gross Profit Margin 26.45% 27.84% 30.16%
Selling, General & Admin $35.90M $30.20M $29.50M
YoY Change 18.87% 25.31% -9.51%
% of Gross Profit 37.28% 33.44% 35.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.10M $26.00M $26.40M
YoY Change -3.46% 18.18% -17.76%
% of Gross Profit 26.06% 28.79% 31.47%
Operating Expenses $316.7M $277.6M $255.5M
YoY Change 14.09% 4.95% 314.1%
Operating Profit $47.40M $46.70M $22.70M
YoY Change 1.5% -502.59% 548.57%
Interest Expense $21.30M $19.40M -$6.200M
YoY Change 9.79% 0.52% -255.0%
% of Operating Profit 44.94% 41.54% -27.31%
Other Income/Expense, Net $11.20M $5.600M $200.0K
YoY Change 100.0% -124.78% -50.0%
Pretax Income $58.60M $52.30M $16.70M
YoY Change 12.05% -252.92% 111.39%
Income Tax $16.50M $16.20M $300.0K
% Of Pretax Income 28.16% 30.98% 1.8%
Net Earnings $42.10M $36.10M $17.10M
YoY Change 16.62% -254.27% 327.5%
Net Earnings / Revenue 11.56% 11.13% 6.15%
Basic Earnings Per Share $1.10 $0.93 $0.43
Diluted Earnings Per Share $1.08 $0.91 $0.43
COMMON SHARES
Basic Shares Outstanding 38.30M shares 39.00M shares 39.46M shares
Diluted Shares Outstanding 38.80M shares 39.60M shares

Balance Sheet

Concept 2022 Q1 2021 Q1 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $294.5M $147.7M $67.40M
YoY Change 99.39% -78.93% -29.94%
Cash & Equivalents $294.5M $147.7M $67.40M
Short-Term Investments
Other Short-Term Assets $54.50M $36.40M $28.20M
YoY Change 49.73% -1.09% 4.83%
Inventory
Prepaid Expenses
Receivables $46.00M $45.30M $36.50M
Other Receivables $59.80M $69.40M $49.40M
Total Short-Term Assets $520.3M $346.8M $235.1M
YoY Change 50.03% -58.86% 6.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.036B $1.069B $1.060B
YoY Change -3.08% 7.86% 16.14%
Goodwill $366.8M $366.8M $366.8M
YoY Change 0.0% -0.08% -0.08%
Intangibles $351.9M $349.4M $350.6M
YoY Change 0.72% -0.48% -5.19%
Long-Term Investments $655.5M $633.7M $630.6M
YoY Change 3.44% 0.59% -0.61%
Other Assets $18.80M $21.70M $21.20M
YoY Change -13.36% -0.46% 0.47%
Total Long-Term Assets $2.517B $2.440B $2.747B
YoY Change 3.13% 3.37% 17.89%
TOTAL ASSETS
Total Short-Term Assets $520.3M $346.8M $235.1M
Total Long-Term Assets $2.517B $2.440B $2.747B
Total Assets $3.037B $2.787B $2.982B
YoY Change 8.96% -13.01% 16.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.90M $74.70M $70.70M
YoY Change 29.72% -7.32% 22.32%
Accrued Expenses $43.20M $115.4M $111.2M
YoY Change -62.56% 1.67% -10.75%
Deferred Revenue $32.80M
YoY Change -22.82%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.000M $7.000M $4.000M
YoY Change 0.0% 75.0% 0.0%
Total Short-Term Liabilities $432.2M $305.2M $424.2M
YoY Change 41.61% -11.3% 40.84%
LONG-TERM LIABILITIES
Long-Term Debt $1.960B $1.964B $1.618B
YoY Change -0.22% -8.97% 10.1%
Other Long-Term Liabilities $50.60M $48.20M $45.80M
YoY Change 4.98% 24.87% 16.24%
Total Long-Term Liabilities $50.60M $48.20M $1.664B
YoY Change 4.98% 24.87% 10.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $432.2M $305.2M $424.2M
Total Long-Term Liabilities $50.60M $48.20M $1.664B
Total Liabilities $2.719B $2.585B $2.319B
YoY Change 5.19% -6.62% 13.69%
SHAREHOLDERS EQUITY
Retained Earnings $318.7M $201.4M $349.8M
YoY Change 58.24% -53.58% -31.3%
Common Stock $0.00 $1.700M $18.20M
YoY Change -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $317.8M $202.2M $367.1M
YoY Change
Total Liabilities & Shareholders Equity $3.037B $2.787B $2.686B
YoY Change 8.96% -13.01% 5.31%

Cashflow Statement

Concept 2022 Q1 2021 Q1 2020 Q4
OPERATING ACTIVITIES
Net Income $42.10M $36.10M $17.10M
YoY Change 16.62% -254.27% 327.5%
Depreciation, Depletion And Amortization $25.10M $26.00M $26.40M
YoY Change -3.46% 18.18% -17.76%
Cash From Operating Activities $135.2M -$19.80M $4.600M
YoY Change -782.83% -145.52% -84.35%
INVESTING ACTIVITIES
Capital Expenditures -$55.50M -$12.30M -$24.10M
YoY Change 351.22% -74.53% -51.99%
Acquisitions
YoY Change
Other Investing Activities $7.300M $0.00 -$2.500M
YoY Change -93.81%
Cash From Investing Activities -$62.80M -$12.30M -$26.60M
YoY Change 410.57% -74.53% -70.64%
FINANCING ACTIVITIES
Cash Dividend Paid $25.70M $24.80M
YoY Change 3.63% 5.98%
Common Stock Issuance & Retirement, Net $24.30M $193.9M
YoY Change -87.47% 582.75%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$68.00M $106.8M -536.6M
YoY Change -163.67% -82.4% 1682.72%
NET CHANGE
Cash From Operating Activities 135.2M -$19.80M 4.600M
Cash From Investing Activities -$62.80M -$12.30M -26.60M
Cash From Financing Activities -$68.00M $106.8M -536.6M
Net Change In Cash $4.400M $74.70M -558.6M
YoY Change -94.11% -87.59% 511.83%
FREE CASH FLOW
Cash From Operating Activities $135.2M -$19.80M $4.600M
Capital Expenditures -$55.50M -$12.30M -$24.10M
Free Cash Flow $190.7M -$7.500M $28.70M
YoY Change -2642.67% -108.17% -63.94%

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45500000 USD
CY2021Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
7600000 USD
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
7300000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-62800000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12300000 USD
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
780800000 USD
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1800000 USD
CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
425700000 USD
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
25700000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
24800000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24300000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
193900000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13100000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12600000 USD
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5800000 USD
CY2022Q1 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-3000000.0 USD
CY2021Q1 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-12800000 USD
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-100000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1600000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-68000000.0 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
106800000 USD
CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
CY2021Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-124000000.0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4400000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
74700000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
355600000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121000000.0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
360000000.0 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
195700000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
20700000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
15400000 USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
100000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
100000 USD
CY2022Q1 chdn Property And Equipment Additions Included In Accounts Payable And Accrued Expenses
PropertyAndEquipmentAdditionsIncludedInAccountsPayableAndAccruedExpenses
29900000 USD
CY2021Q1 chdn Property And Equipment Additions Included In Accounts Payable And Accrued Expenses
PropertyAndEquipmentAdditionsIncludedInAccountsPayableAndAccruedExpenses
4200000 USD
CY2022Q1 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
3200000 USD
CY2021Q1 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
900000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2022Q1 chdn Repurchase Of Treasury Stock Included In Accrued Liabilities
RepurchaseOfTreasuryStockIncludedInAccruedLiabilities
700000 USD
CY2021Q1 chdn Repurchase Of Treasury Stock Included In Accrued Liabilities
RepurchaseOfTreasuryStockIncludedInAccruedLiabilities
0 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q1 us-gaap Insurance Recoveries
InsuranceRecoveries
300000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
366800000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
366800000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
31200000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20300000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10900000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
31200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12100000 USD
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
341000000.0 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
336000000.0 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
351900000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
348100000 USD
CY2022Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"/><td style="width:39.749%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.385%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.394%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.394%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.385%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.394%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.399%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(in millions, except share data)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Repurchase Program </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Shares</span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Aggregate Purchase Price</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Shares</span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Aggregate Purchase Price</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021 Stock Repurchase Program </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">116,863 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25.0 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table>
CY2022Q1 chdn Accrued Stock Repurchased Cash Settlement
AccruedStockRepurchasedCashSettlement
700000 USD
CY2021Q1 chdn Accrued Stock Repurchased Cash Settlement
AccruedStockRepurchasedCashSettlement
0 USD
CY2021Q1 chdn Debt Issuance Costs Amortization Period
DebtIssuanceCostsAmortizationPeriod
P7Y
CY2022Q1 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0200
CY2021Q1 chdn Debt Instrument Unamortized Premium Percentage
DebtInstrumentUnamortizedPremiumPercentage
0.0325
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
114300000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
41600000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
30100000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
22000000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
121300000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
64900000 USD
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3200000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2600000 USD
CY2022Q1 chdn Account Wagering Deposits Liability Current
AccountWageringDepositsLiabilityCurrent
55000000.0 USD
CY2021Q4 chdn Account Wagering Deposits Liability Current
AccountWageringDepositsLiabilityCurrent
47500000 USD
CY2022Q1 chdn Purses Payable Current
PursesPayableCurrent
26100000 USD
CY2021Q4 chdn Purses Payable Current
PursesPayableCurrent
28600000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19400000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
39900000 USD
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
23800000 USD
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
23900000 USD
CY2022Q1 us-gaap Other Liabilities
OtherLiabilities
100000000.0 USD
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
92700000 USD
CY2022Q1 chdn Accrued Liabilities And Other Current Liabilities Current
AccruedLiabilitiesAndOtherCurrentLiabilitiesCurrent
224300000 USD
CY2021Q4 chdn Accrued Liabilities And Other Current Liabilities Current
AccruedLiabilitiesAndOtherCurrentLiabilitiesCurrent
232600000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
42100000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
36100000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38300000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39000000.0 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38800000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39600000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q1 chdn Number Of Slot Machines
NumberOfSlotMachines
11000 slot_machine
CY2022Q1 chdn Number Of Table Games
NumberOfTableGames
200 game
CY2022Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
8 state
CY2022Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2021Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2022Q1 chdn Disclosure Of Complimentary Revenue
DisclosureOfComplimentaryRevenue
7000000 USD
CY2021Q1 chdn Disclosure Of Complimentary Revenue
DisclosureOfComplimentaryRevenue
3700000 USD
CY2022Q1 chdn Net Earnings And Comprehensive Income
NetEarningsAndComprehensiveIncome
42100000 USD
CY2021Q1 chdn Net Earnings And Comprehensive Income
NetEarningsAndComprehensiveIncome
36100000 USD
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
25100000 USD
CY2021Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
26000000.0 USD
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-21300000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-19400000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16500000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16200000 USD
CY2022Q1 chdn Earnings Before Interest Taxes Depreciationand Amortization
EarningsBeforeInterestTaxesDepreciationandAmortization
105000000.0 USD
CY2021Q1 chdn Earnings Before Interest Taxes Depreciationand Amortization
EarningsBeforeInterestTaxesDepreciationandAmortization
97700000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7000000.0 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5500000 USD
CY2022Q1 us-gaap Pre Opening Costs
PreOpeningCosts
2100000 USD
CY2021Q1 us-gaap Pre Opening Costs
PreOpeningCosts
600000 USD
CY2022Q1 chdn Other Expenses Net
OtherExpensesNet
2500000 USD
CY2021Q1 chdn Other Expenses Net
OtherExpensesNet
0 USD
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4900000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2022Q1 chdn Acquisition Related Contingent Consideration Costs
AcquisitionRelatedContingentConsiderationCosts
5000000.0 USD
CY2021Q1 chdn Acquisition Related Contingent Consideration Costs
AcquisitionRelatedContingentConsiderationCosts
100000 USD
CY2022Q1 chdn Equity Investmentsinterestdepreciationandamortizationexpense
EquityInvestmentsinterestdepreciationandamortizationexpense
11100000 USD
CY2021Q1 chdn Equity Investmentsinterestdepreciationandamortizationexpense
EquityInvestmentsinterestdepreciationandamortizationexpense
9600000 USD
CY2022Q1 chdn Fair Valueof Interest Rate Swaps
FairValueofInterestRateSwaps
-10400000 USD
CY2021Q1 chdn Fair Valueof Interest Rate Swaps
FairValueofInterestRateSwaps
-4200000 USD
CY2022Q1 us-gaap Legal Fees
LegalFees
300000 USD
CY2021Q1 us-gaap Legal Fees
LegalFees
1300000 USD
CY2022Q1 us-gaap Other Expenses
OtherExpenses
1000000.0 USD
CY2021Q1 us-gaap Other Expenses
OtherExpenses
0 USD
CY2022Q1 chdn Adjustmentsto Earnings Before Interest Tax Depreciationand Amortization
AdjustmentstoEarningsBeforeInterestTaxDepreciationandAmortization
-23500000 USD
CY2021Q1 chdn Adjustmentsto Earnings Before Interest Tax Depreciationand Amortization
AdjustmentstoEarningsBeforeInterestTaxDepreciationandAmortization
-12900000 USD
CY2022Q1 chdn Adjusted Earnings Before Interest Tax Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxDepreciationandAmortization
128500000 USD
CY2021Q1 chdn Adjusted Earnings Before Interest Tax Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxDepreciationandAmortization
110600000 USD
CY2022Q1 chdn Adjusted Earnings Before Interest Tax Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxDepreciationandAmortization
128500000 USD
CY2021Q1 chdn Adjusted Earnings Before Interest Tax Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxDepreciationandAmortization
110600000 USD
CY2022Q1 us-gaap Assets
Assets
3036900000 USD
CY2020Q4 us-gaap Assets
Assets
2981600000 USD
CY2022Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
55500000 USD
CY2021Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
12300000 USD

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