| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 334,000 | 294,800 |
| Depreciation and amortization | 173,500 | 117,000 |
| Distributions from unconsolidated affiliates | 91,700 | 62,800 |
| Equity in income of unconsolidated affiliates | 105,400 | 70,400 |
| Stock-based compensation | 18,200 | 10,800 |
| Deferred income taxes | -58,100 | -3,500 |
| Asset impairments | 87,500 | - |
| Gain on settlement of liability | 40,000 | - |
| Amortization of operating lease assets | 4,800 | 3,200 |
| Other | -8,000 | -4,000 |
| Income taxes | 41,600 | 81,200 |
| Deferred revenue | -26,600 | -37,000 |
| Asset impairments | - | 2,400 |
| Other assets and liabilities | -28,400 | -13,800 |
| Net cash provided by operating activities | 673,800 | 486,100 |
| Capital maintenance expenditures | 52,900 | 31,500 |
| Capital project expenditures | 171,700 | 133,300 |
| Acquisition of gaming rights, net of cash acquired | 185,300 | - |
| Other | 11,500 | 1,300 |
| Net cash used in investing activities | -421,400 | -166,100 |
| Proceeds from borrowings under long-term debt obligations | 947,700 | 641,500 |
| Repayments of borrowings under long-term debt obligations | 753,600 | 546,700 |
| Payment of dividends | 30,200 | 30,200 |
| Repurchase of common stock | 395,800 | 340,900 |
| Taxes paid related to net share settlement of stock awards | 4,100 | 4,000 |
| Debt issuance costs | 300 | - |
| Change in bank overdraft | -1,700 | -5,000 |
| Other | 1,400 | -1,800 |
| Net cash used in financing activities | -236,600 | -287,100 |
| Operating activities of discontinued operations | 0 | 0 |
| Net increase in cash, cash equivalents and restricted cash | 15,800 | 32,900 |
| Cash and cash equivalents at beginning of period | 252,700 | - |
| Cash and cash equivalents at end of period | 268,500 | - |
Churchill Downs Inc (CHDN)
Churchill Downs Inc (CHDN)