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Actionable news in ISLE: Isle of Capri Casinos, Inc.,

Isle Of Capri Casinos, Inc UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET JULY 26, 2015

The following excerpt is from the company's SEC filing.

(In thousands, except share and per share amounts)

PRO FORMA

ADJUSTMENTS

AS REPORTED

SALE OF

IOC - NATCHEZ

ASSETS

Current assets:

Cash and cash equivalents

61,966

10,500

72,466

Marketable securities

19,445

Accounts receivable, net

11,585

Inventory

Deferred income taxes

Prepaid expenses and other assets

17,522

Assets held for sale

(5,386

Total current assets

126,895

132,009

Property and equipment, net

900,654

Other assets:

Goodwill

108,970

Other intangible assets, net

53,864

Deferred financing costs, net

17,903

Restricted cash

Prepaid deposits and other

Total assets

1,223,239

1,228,353

LIABILITIES AND STOCKHOLDERS EQUITY

Current liabilities:

Current maturities of long-term debt

Accounts payable

25,925

Accrued liabilities:

Payroll and related

32,816

33,916

Property and other taxes

23,110

Income taxes payable

Interest

14,492

Progressive jackpots and slot club awards

16,520

22,198

(1,000

21,198

Total current liabilities

135,261

135,361

Long-term debt, less current maturities

989,209

38,185

Other accrued liabilities

18,032

Other long-term liabilities

13,912

Stockholders equity:

Preferred stock

Common stock

Class B common stock

Additional paid-in capital

241,500

Retained earnings

(195,928

(190,914

45,993

51,007

Treasury stock

(17,353

Total stockholders equity

28,640

33,654

Total liabilities and stockholders equity

See accompanying Notes to Unaudited Pro Forma Financial Statements

ISLE OF CAPRI CASINOS, INC.

UNAUDITED PRO FORMACONSOLIDATED STATEMENT OF OPERATIONS

IOC - NATCHEZ,

Revenues:

Casino

260,053

Food, beverage, pari-mutuel and other

32,989

Gross revenues

301,157

Less promotional allowances

(54,233

Net revenues

246,924

Operating expenses:

38,713

Gaming taxes

66,359

12,122

Marine and facilities

14,106

Marketing and administrative

56,400

Corporate and development

Valuation charges

Depreciation and...


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