| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 83,000 | 51,500 | 39,200 | 294,800 |
| Depreciation and amortization | 56,000 | 59,600 | 56,500 | 117,000 |
| Distributions from unconsolidated affiliates | 36,000 | 24,300 | 28,900 | 62,800 |
| Equity in income of unconsolidated affiliates | 36,000 | 34,000 | 35,000 | 70,400 |
| Stock-based compensation | 5,000 | 12,000 | 7,400 | 10,800 |
| Deferred income taxes | -19,000 | -28,700 | -54,600 | -3,500 |
| Asset impairments | NaN | 0 | 87,500 | NaN |
| Gain on settlement of liability | NaN | 0 | 40,000 | NaN |
| Amortization of operating lease assets | 2,000 | 1,600 | 1,600 | 3,200 |
| Gain on sale of assets | NaN | 0 | NaN | NaN |
| Other | -2,000 | -800 | -4,000 | -4,000 |
| Income taxes | 11,000 | -45,100 | -39,600 | 81,200 |
| Deferred revenue | 103,000 | 23,800 | 10,400 | -37,000 |
| Asset impairments | NaN | NaN | NaN | 2,400 |
| Other assets and liabilities | -14,000 | 27,200 | -14,600 | -13,800 |
| Net cash provided by operating activities | 295,000 | 96,000 | 187,700 | 486,100 |
| Capital maintenance expenditures | 19,000 | 17,300 | 21,400 | 31,500 |
| Capital project expenditures | 40,000 | 33,000 | 38,400 | 133,300 |
| Acquisition of businesses, net of cash acquired | NaN | 0 | NaN | NaN |
| Acquisition of gaming rights, net of cash acquired | NaN | 0 | 185,300 | NaN |
| Proceeds from sale of assets | NaN | 0 | NaN | NaN |
| Other | 2,000 | -200 | 10,200 | 1,300 |
| Other | NaN | -2,100 | 3,200 | -1,800 |
| Net cash used in investing activities | -61,000 | -50,100 | -255,300 | -166,100 |
| Proceeds from borrowings under long-term debt obligations | 245,000 | 150,400 | 306,200 | 641,500 |
| Repayments of borrowings under long-term debt obligations | 449,000 | 128,100 | 206,900 | 546,700 |
| Payment of dividends | 31,000 | 600 | 0 | 30,200 |
| Repurchase of common stock | 0 | 32,000 | 54,900 | 340,900 |
| Taxes paid related to net share settlement of stock awards | 3,000 | 12,900 | 100 | 4,000 |
| Proceeds from pending equity transaction | NaN | 0 | NaN | NaN |
| Debt issuance costs | NaN | 0 | 300 | NaN |
| Change in bank overdraft | 6,000 | -600 | 3,300 | -5,000 |
| Net cash used in financing activities | -232,000 | -25,900 | 50,500 | -287,100 |
| Operating cash flows of discontinued operations | NaN | 0 | 0 | 0 |
| Net increase in cash, cash equivalents and restricted cash | 2,000 | 20,000 | -17,100 | 32,900 |
| Cash, cash equivalents and restricted cash, beginning of period | 289,000 | 268,500 | 252,700 | NaN |
| Cash, cash equivalents and restricted cash, end of period | 291,000 | 288,500 | 268,500 | NaN |
Churchill Downs Inc (CHDN)
Churchill Downs Inc (CHDN)