Component: (Network and Table)
Network
00300 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.dovermotorsportsinc.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001017673 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
Operating activities:
 
 
 
Net earnings
3,801,000  
5,285,000  
3,145,000  
Adjustments to reconcile net earnings to net cash provided by operating activities:
 
 
 
Depreciation
3,433,000  
5,326,000  
3,262,000  
Amortization of credit facility fees
87,000  
96,000  
96,000  
Stock-based compensation
284,000  
316,000  
278,000  
Excess tax benefits from stock-based compensation
(27,000) 
  
Deferred income taxes
(661,000) 
(828,000) 
(881,000) 
Provision (benefit) for contingent obligation
75,000  
(86,000) 
(30,000) 
Income from assets held for sale
 
(2,900,000) 
 
Loss on disposal of long-lived assets, non-cash
  
2,045,000  
Changes in assets and liabilities:
 
 
 
Accounts receivable
(246,000) 
(34,000) 
(111,000) 
Inventories
55,000  
(2,000) 
44,000  
Prepaid expenses and other
(44,000) 
(125,000) 
(60,000) 
Accounts payable
176,000  
64,000  
48,000  
Accrued liabilities
(457,000) 
(86,000) 
190,000  
Payable to/receivable from Dover Downs Gaming & Entertainment, Inc.
51,000  
(66,000) 
26,000  
Income taxes payable/receivable
223,000  
182,000  
(69,000) 
Deferred revenue
77,000  
(70,000) 
(395,000) 
Liability for pension benefits
(17,000) 
(9,000) 
(90,000) 
Net cash provided by operating activities
6,810,000  
 
7,063,000  
 
7,498,000  
 
Investing activities:
 
 
 
Capital expenditures
(2,580,000) 
(1,448,000) 
(3,136,000) 
Purchase of available-for-sale securities
(293,000) 
(40,000) 
(99,000) 
Proceeds from sale of available-for-sale securities
203,000  
20,000  
77,000  
Non-refundable deposit received on expected sale of facility
 
1,200,000  
1,700,000  
Net cash used in investing activities
(2,670,000) 
 
(268,000) 
 
(1,458,000) 
 
Financing activities:
 
 
 
Borrowings from revolving line of credit
28,820,000  
29,740,000  
35,520,000  
Repayments on revolving line of credit
(30,880,000) 
(34,600,000) 
(39,580,000) 
Dividends paid
(1,840,000) 
(1,837,000) 
(1,831,000) 
Repurchase of common stock
(189,000) 
(121,000) 
(129,000) 
Excess tax benefits from stock-based compensation
27,000  
  
Credit facility fees
(78,000) 
  
Net cash used in financing activities
(4,140,000) 
 
(6,818,000) 
 
(6,020,000) 
 
Net (decrease) increase in cash
 
 
(23,000) 
 
20,000  
 
Cash, beginning of year
1,000  
24,000  
4,000  
Cash, end of year
1,000  
 
1,000  
 
24,000  
 
Supplemental information:
 
 
 
Interest paid
367,000  
453,000  
550,000  
Income tax payments
3,025,000  
3,960,000  
3,087,000  
Change in accounts payable for capital expenditures
34,000  
(816,000) 
816,000