International Speedway Corporation (ISCB) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
ONE DAYTONA BLVD DAYTONA BEACH, FL 32114-1243 |
| State of Incorp. | FL |
| Fiscal Year End | November 30 |
| Industry (SIC) | 7948 - Racing, Including Track Operation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 8/31/2019 Q3 | 5/31/2019 Q2 | 2/28/2019 Q1 | 11/30/2018 Q4 | 8/31/2018 Q3 | 5/31/2018 Q2 | 2/28/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 338,747 | 273,193 | 269,011 | 278,398 | 327,133 | 283,726 | |||
| Cash and cash equivalents | 338,747 | 273,193 | 269,011 | 278,398 | 327,133 | 283,726 | |||
| Receivables | 42,220 | 86,367 | 42,833 | 50,365 | 52,600 | 104,317 | |||
| Other undisclosed current assets | 28,253 | 26,528 | 10,611 | 29,413 | 26,281 | 41,398 | |||
| Total current assets: | 409,220 | 386,088 | 322,455 | 358,176 | 406,014 | 429,441 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,501,365 | 1,512,289 | 1,515,041 | 1,534,213 | 1,510,321 | 1,481,454 | |||
| Long-term investments and receivables | 82,018 | 80,554 | 81,225 | 82,647 | 85,234 | 85,257 | |||
| Long-term investments | 82,018 | 80,554 | 81,225 | 82,647 | 85,234 | 85,257 | |||
| Intangible assets, net (including goodwill) | 298,700 | 298,704 | 296,894 | 296,894 | 296,895 | 296,895 | |||
| Goodwill | 118,872 | 118,872 | 118,331 | 118,331 | 118,331 | 118,331 | |||
| Intangible assets, net (excluding goodwill) | 179,828 | 179,832 | 178,563 | 178,563 | 178,564 | 178,564 | |||
| Other noncurrent assets | 30,225 | 30,497 | 33,745 | 22,796 | 22,517 | 25,919 | |||
| Total noncurrent assets: | 1,912,308 | 1,922,044 | 1,926,905 | 1,936,550 | 1,914,967 | 1,889,525 | |||
| TOTAL ASSETS: | 2,321,528 | 2,308,132 | 2,249,360 | 2,294,726 | 2,320,981 | 2,318,966 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 26,837 | 37,807 | 34,043 | 38,465 | 42,282 | 46,101 | |||
| Taxes payable | 2,111 | 9,655 | 2,535 | ||||||
| Accounts payable | 24,726 | 28,152 | 31,508 | 38,465 | 42,282 | 46,101 | |||
| Deferred revenue | 79,436 | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 4,522 | 4,402 | 4,284 | 3,900 | 3,884 | 3,869 | |||
| Other liabilities | 37,010 | 14,318 | 15,551 | 17,556 | 36,367 | 16,266 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 92,360 | 97,794 | ||
| Contract with customer, liability | ✕ | ✕ | 71,272 | 36,801 | |||||
| Other undisclosed current liabilities | 72,015 | ||||||||
| Total current liabilities: | 147,805 | 127,799 | 90,679 | 131,936 | 174,893 | 164,030 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 250,784 | 251,086 | 251,381 | 255,069 | 255,254 | 255,435 | |||
| Long-term debt, excluding current maturities | 250,784 | 251,086 | 251,381 | 255,069 | 255,254 | 255,435 | |||
| Liabilities, other than long-term debt | 10,092 | 270,722 | 10,676 | 266,367 | 270,117 | 268,550 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 8,108 | 7,996 | ||
| Deferred revenue | 7,182 | ✕ | ✕ | ✕ | ✕ | ||||
| Contract with customer, liability | ✕ | ✕ | 7,428 | 7,575 | |||||
| Deferred tax liabilities, net | ✕ | ✕ | 260,615 | 263,469 | 259,328 | 258,071 | |||
| Deferred income tax liabilities | ✕ | ✕ | ✕ | ✕ | |||||
| Other liabilities | 2,910 | 2,679 | 3,101 | 2,898 | 2,681 | 2,483 | |||
| Total noncurrent liabilities: | 260,876 | 521,808 | 262,057 | 521,436 | 525,371 | 523,985 | |||
| Total liabilities: | 408,681 | 649,607 | 352,736 | 653,372 | 700,264 | 688,015 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,652,343 | 1,658,525 | 1,635,958 | 1,633,025 | 1,620,717 | 1,630,951 | |||
| Additional paid in capital | 425,886 | 426,041 | 425,233 | 430,921 | 430,134 | 431,606 | |||
| Accumulated other comprehensive loss | (795) | (1,000) | (1,204) | (1,402) | (1,602) | (1,802) | |||
| Retained earnings | 1,226,821 | 1,233,054 | 1,211,499 | 1,203,068 | 1,191,747 | 1,200,708 | |||
| Other undisclosed equity, attributable to parent | 431 | 430 | 430 | 438 | 438 | 439 | |||
| Total equity: | 1,652,343 | 1,658,525 | 1,635,958 | 1,633,025 | 1,620,717 | 1,630,951 | |||
| Other undisclosed liabilities and equity | 260,504 | 260,666 | 8,329 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 2,321,528 | 2,308,132 | 2,249,360 | 2,294,726 | 2,320,981 | 2,318,966 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 8/31/2019 Q3 | 5/31/2019 Q2 | 2/28/2019 Q1 | 11/30/2018 Q4 | 8/31/2018 Q3 | 5/31/2018 Q2 | 2/28/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 168,680 | 150,890 | 195,836 | 159,784 | 172,222 | 149,240 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 171,679 | 148,875 | |
| Cost of revenue | (92,390) | (63,866) | (104,572) | (91,485) | (99,985) | (61,529) | ||
| Gross profit: | 76,290 | 87,024 | 91,264 | 68,299 | 72,237 | 87,711 | ||
| Operating expenses | (60,191) | (61,156) | (57,492) | (57,522) | (54,437) | (54,852) | ||
| Other undisclosed operating loss | (596) | (339) | (632) | (506) | (543) | (365) | ||
| Operating income: | 15,503 | 25,529 | 33,140 | 10,271 | 17,257 | 32,494 | ||
| Nonoperating income | 1,339 | 1,233 | 931 | 990 | 732 | 536 | ||
| Investment income, nonoperating | 1,339 | 1,233 | 911 | 979 | 732 | 521 | ||
| Other nonoperating income | 20 | 11 | 15 | |||||
| Interest and debt expense | (3,716) | (3,722) | (2,526) | (2,551) | (2,900) | (2,885) | ||
| Income from continuing operations before equity method investments, income taxes: | 13,126 | 23,040 | 31,545 | 8,710 | 15,089 | 30,145 | ||
| Income from equity method investments | 6,425 | 5,512 | 5,328 | 5,790 | 6,351 | 4,308 | ||
| Income from continuing operations before income taxes: | 19,551 | 28,552 | 36,873 | 14,500 | 21,440 | 34,453 | ||
| Income tax expense (benefit) | (4,478) | (6,997) | (9,636) | (2,469) | (4,770) | 134,894 | ||
| Income from continuing operations: | 15,073 | 21,555 | 27,237 | 12,031 | 16,670 | 169,347 | ||
| Income before gain (loss) on sale of properties: | 15,073 | 21,555 | 27,237 | 12,031 | 16,670 | 169,347 | ||
| Net income available to common stockholders, diluted: | 15,073 | 21,555 | 27,237 | 12,031 | 16,670 | 169,347 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 8/31/2019 Q3 | 5/31/2019 Q2 | 2/28/2019 Q1 | 11/30/2018 Q4 | 8/31/2018 Q3 | 5/31/2018 Q2 | 2/28/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 15,073 | 21,555 | 27,237 | 12,031 | 16,670 | 169,347 | ||
| Other comprehensive income | 204 | 189 | ||||||
| Other undisclosed comprehensive loss | (589) | |||||||
| Comprehensive income: | 15,073 | 21,759 | 26,648 | 12,031 | 16,670 | 169,536 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 205 | 787 | 200 | 200 | ||||
| Comprehensive income, net of tax, attributable to parent: | 15,278 | 21,759 | 27,435 | 12,231 | 16,870 | 169,536 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.