Isle of Capri Casinos 10-Q 5 Dec 13 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Oct. 27, 2013	Dec. 03, 2013
Document and Entity Information	'	'
Entity Registrant Name	'ISLE OF CAPRI CASINOS INC	'
Entity Central Index Key	'0000863015	'
Document Type	'10-Q	'
Document Period End Date	27-Oct-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--04-27	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	39,829,177
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 27, 2013	Apr. 28, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$69,958	$68,469
Marketable securities	25,120	25,520
Accounts receivable, net	9,870	11,077
Income taxes receivable	4,343	4,789
Deferred income taxes	2,096	1,573
Prepaid expenses and other assets	25,726	20,872
Total current assets	137,113	132,300
Property and equipment, net	1,017,472	1,034,026
Other assets:	'	'
Goodwill	280,803	280,803
Other intangible assets, net	67,690	60,748
Deferred financing costs, net	25,680	27,230
Restricted cash and investments	9,782	11,417
Prepaid deposits and other	5,087	7,075
Total assets	1,543,627	1,553,599
Current liabilities:	'	'
Current maturities of long-term debt	433	415
Accounts payable	19,078	34,533
Accrued liabilities:	'	'
Payroll and related	35,696	35,093
Property and other taxes	25,627	21,340
Interest	17,073	18,502
Progressive jackpots and slot club awards	16,267	16,579
Other	30,996	29,337
Total current liabilities	145,170	155,799
Long-term debt, less current maturities	1,162,264	1,156,469
Deferred income taxes	45,967	43,104
Other accrued liabilities	19,324	33,303
Other long-term liabilities	22,433	22,514
Stockholders' equity:	'	'
Preferred stock, $.01 par value; 2,000,000 shares authorized; none issued	'	'
Additional paid-in capital	246,522	246,214
Retained earnings (deficit)	-71,052	-74,227
Accumulated other comprehensive (loss) income	'	-247
Total stockholders' equity before treasury stock	175,891	172,161
Treasury stock, 2,276,760 shares at October 27, 2013 and 2,470,128 at April 28, 2013	-27,422	-29,751
Total stockholders' equity	148,469	142,410
Total liabilities and stockholders' equity	1,543,627	1,553,599
Common Stock	'	'
Stockholders' equity:	'	'
Common stock	421	421
Class B Common Stock	'	'
Stockholders' equity:	'	'
Common stock	'	'

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Oct. 27, 2013	Apr. 28, 2013
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Treasury stock, shares	2,276,760	2,470,128
Common Stock	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	42,066,148	42,066,148
Class B Common Stock	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	3,000,000	3,000,000
Common stock, shares issued	0	0

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
Revenues:	'	'	'	'
Casino	$257,928	$234,648	$520,070	$484,917
Rooms	8,713	8,328	17,628	16,958
Food, beverage, pari-mutuel and other	33,728	30,437	68,944	63,243
Gross revenues	300,369	273,413	606,642	565,118
Less promotional allowances	-58,789	-50,206	-117,333	-106,088
Net revenues	241,580	223,207	489,309	459,030
Operating expenses:	'	'	'	'
Casino	41,267	36,802	83,010	75,298
Gaming taxes	65,722	58,619	131,698	120,247
Rooms	1,880	1,781	3,789	3,554
Food, beverage, pari-mutuel and other	10,590	9,217	21,659	19,321
Marine and facilities	14,802	13,888	29,850	27,588
Marketing and administrative	61,844	56,464	123,950	114,420
Corporate and development	7,386	10,777	14,084	19,250
Litigation accrual reversal	-7,351	'	-7,351	'
Preopening expense	'	2,654	3,898	3,341
Depreciation and amortization	21,102	16,850	41,497	33,672
Total operating expenses	217,242	207,052	446,084	416,691
Operating income	24,338	16,155	43,225	42,339
Interest expense	-15,194	-21,985	-37,852	-42,416
Interest income	84	131	174	306
Derivative income	168	176	398	310
Income (loss) from continuing operations before income taxes	9,396	-5,523	5,945	539
Income tax (provision) benefit	-1,359	1,182	-2,770	-136
Income (loss) from continuing operations	8,037	-4,341	3,175	403
Loss from discontinued operations, net of income taxes	'	-2,312	'	-395
Net income (loss)	$8,037	($6,653)	$3,175	$8
Income (loss) per common share-basic and dilutive:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0.20	($0.11)	$0.08	$0.01
Loss from discontinued operations, net of income taxes (in dollars per share)	'	($0.06)	'	($0.01)
Net income (loss) (in dollars per share)	$0.20	($0.17)	$0.08	'
Weighted average basic shares (in shares)	39,686,217	39,336,134	39,634,573	39,177,208
Weighted average diluted shares (in shares)	39,731,192	39,336,134	39,682,644	39,192,075

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'	'	'
Net income (loss)	$8,037	($6,653)	$3,175	$8
Other comprehensive income, net of tax:	'	'	'	'
Deferred hedge adjustment, net of income tax provision of $59 and $149 for the three and six months ended October 27, 2013, respectively, and $88 and $178 for the three and six months ended October 28, 2012, respectively	99	149	247	297
Unrealized gain on interest rate cap contracts, net of income tax provision of $8 for the six months ended October 28, 2012	'	'	'	14
Other comprehensive income	99	149	247	311
Comprehensive income (loss)	$8,136	($6,504)	$3,422	$319

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'	'	'
Deferred hedge adjustment, income tax provision	$59	$88	$149	$178
Unrealized gain on interest rate cap contracts, income tax provision	'	'	'	$8

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Deficit)	Accum. Other Comprehensive Income (Loss)	Treasury Stock
In Thousands, except Share data, unless otherwise specified
Balance at Apr. 28, 2013	$142,410	$421	$246,214	($74,227)	($247)	($29,751)
Balance (in shares) at Apr. 28, 2013	'	42,066,148	'	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'
Net income	3,175	'	'	3,175	'	'
Other comprehensive income (loss), net of tax	247	'	'	'	247	'
Issuance of restricted stock from treasury stock, net of forfeitures	'	'	-2,329	'	'	2,329
Stock compensation expense	2,637	'	2,637	'	'	'
Balance at Oct. 27, 2013	$148,469	$421	$246,522	($71,052)	'	($27,422)
Balance (in shares) at Oct. 27, 2013	'	42,066,148	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012
Operating activities:	'	'
Net income	$3,175	$8
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	41,497	33,672
Amortization and write-off of deferred financing costs	2,224	3,369
Amortization of debt discount	120	106
Deferred income taxes	2,190	-427
Stock compensation expense	2,637	2,904
Litigation accrual reversal	-14,730	'
Valuation allowance	'	1,500
Gain on derivative instruments	-398	-310
Gain on disposal of assets	-1,002	-52
Changes in operating assets and liabilities:	'	'
Marketable securities	400	666
Accounts receivable	1,209	-1,131
Insurance receivable	'	7,497
Income tax receivable	446	-2,562
Prepaid expenses and other assets	-2,429	-7,761
Accrued interest	-637	3,096
Accounts payable and accrued liabilities	-2,363	15,951
Net cash provided by operating activities	32,339	56,526
Investing activities:	'	'
Purchase of property and equipment	-30,724	-89,596
Proceeds from sales of property and equipment	1,154	77
Payments towards gaming licenses	-7,500	-5,000
Restricted cash and investments	1,198	-512
Net cash used in investing activities	-35,872	-95,031
Financing activities:	'	'
Principal payments on debt	-305	-10,067
Net borrowings on line of credit	6,000	38,000
Payment of deferred financing costs	-673	-8,410
Net cash provided by financing activities	5,022	19,523
Net increase (decrease) in cash and cash equivalents	1,489	-18,982
Cash and cash equivalents, beginning of period	68,469	94,461
Cash and cash equivalents, end of the period	$69,958	$75,479

Nature_of_Operations

Nature of Operations	6 Months Ended
	Oct. 27, 2013
Nature of Operations	'
Nature of Operations	'
	1.  Nature of Operations
	Isle of Capri Casinos, Inc., a Delaware corporation, was incorporated in February 1990. Except where otherwise noted, the words “we,” “us,” “our” and similar terms, as well as “Company,” refer to Isle of Capri Casinos, Inc. and all of its subsidiaries. We are a developer, owner and operator of branded gaming facilities and related lodging and entertainment facilities in markets throughout the United States. Our wholly owned subsidiaries own or operate sixteen casino gaming facilities in the United States located in Black Hawk, Colorado; Pompano Beach, Florida; Bettendorf, Davenport, Marquette and Waterloo, Iowa; Lake Charles, Louisiana; Lula, Natchez and Vicksburg, Mississippi; Boonville, Cape Girardeau, Caruthersville and Kansas City, Missouri; and Nemacolin, Pennsylvania.

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Oct. 27, 2013
Basis of Presentation	'
Basis of Presentation	'
	2.  Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and in accordance with accounting principles generally accepted in the United States of America for interim financial reporting. Accordingly, certain information and note disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States have been condensed or omitted. In managements’ opinion, the accompanying interim condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of the results presented. The accompanying interim condensed consolidated financial statements have been prepared without audit. The results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended April 28, 2013 as filed with the SEC and all of our other filings, including Current Reports on Form 8-K, filed with the SEC after such date and through the date of this report, which are available on the SEC’s website at www.sec.gov or our website at www.islecorp.com.
	Our fiscal year ends on the last Sunday in April. Periodically, this system necessitates a 53-week year.  Fiscal 2014 and 2013 are both 52-week years, which commenced on April 29, 2013 and April 30, 2012, respectively.
	The condensed consolidated financial statements include our accounts and those of our subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Certain reclassifications have been made to prior period financial statements to conform to the current period presentation. We view each property as an operating segment and all such operating segments have been aggregated into one reporting segment.
	We evaluated all subsequent events through the date of the issuance of the consolidated financial statements. Other than entering into an agreement to sell the assets of our property in Davenport, Iowa, as disclosed in Note 12, no material subsequent events have occurred that required recognition in the condensed consolidated financial statements.

Discontinued_Operations

Discontinued Operations	6 Months Ended
	Oct. 27, 2013
Discontinued Operations	'
Discontinued Operations	'
	3. Discontinued Operations
	Discontinued operations include our former Biloxi, Mississippi casino operations which were sold in November 2012.  During the three months ended October 28, 2012, we recorded a $1,500 valuation allowance reflecting a credit against the purchase price to satisfy our obligation to repair the property after Hurricane Isaac, as required by the purchase agreement.  The results of our discontinued operations are summarized as follows:
		Three Months Ended			Six Months Ended
		October 28,			October 28,
		2012			2012
	Net revenues	$	14,043		$	31,611
	Pretax loss from discontinued operations	(2,312		)	(395		)
	Income tax benefit from discontinued operations	—			—
	Loss from discontinued operations	(2,312		)	(395		)

LongTerm_Debt

Long-Term Debt	6 Months Ended
	Oct. 27, 2013
Long-Term Debt	'
Long-Term Debt	'
	4.  Long-Term Debt
	Long-term debt consists of the following:
		October 27,		April 28,
		2013		2013
	Senior Secured Credit Facility, interest payable at least quarterly at either LIBOR and/or prime plus a margin	$	160,900	$	154,900
	5.875% Senior Notes, interest payable semi-annually March 15 and September 15	350,000		350,000
	7.75% Senior Notes, interest payable semi-annually March 15 and September 15, net of discount	298,365		298,246
	8.875% Senior Subordinated Notes, interest payable Semi-annually June 15 and December 15	350,000		350,000
	Other	3,432		3,738
		1,162,697		1,156,884
	Less current maturities	433		415
	Long-term debt	$	1,162,264	$	1,156,469
	Senior SecuredCredit Facility—Our Senior Secured Credit Facility, as amended and restated (“Credit Facility”), matures April 19, 2018 and consists of a $300,000 revolving line of credit. The Credit Facility is secured on a first priority basis by substantially all of our assets and is guaranteed by substantially all of our significant subsidiaries. In July 2013, we entered into an agreement amending our Credit Facility to, among other things, modify our maximum allowed leverage and minimum interest coverage ratio covenants.  As a result, we capitalized new deferred financing costs of $673 during the six months ended October 27, 2013.
	Our net revolving line of credit availability at October 27, 2013, as limited by our borrowings, was approximately $104,000, after consideration of approximately $35,400 in outstanding letters of credit. We have an annual commitment fee related to the unused portion of the Credit Facility of up to 0.5% which is included in interest expense in the accompanying consolidated statements of operations. The weighted average effective interest rates of the Credit Facility for the six months ended October 27, 2013 was 4.26%.
	The Credit Facility includes a number of affirmative and negative covenants, as well as certain financial covenants including maintenance of a total leverage ratio, senior secured leverage ratio and minimum interest coverage ratio. The Credit Facility also restricts our ability to make certain investments or distributions. We were in compliance with the covenants as of October 27, 2013.
	5.875% Senior Notes—In March 2013, we issued $350,000 of 5.875% Senior Notes due 2021 (“5.875% Senior Notes”). The net proceeds from the issuance were used to repay term loans under our Credit Facility. The 5.875% Senior Notes are general unsecured obligations and rank junior to all of our senior secured indebtedness and senior to our senior subordinated indebtedness. The 5.875% Senior Notes are redeemable, in whole or in part, at our option at any time on or after March 15, 2016, with call premiums as defined in the indenture governing the 5.875% Senior Notes.
	7.75% Senior Notes—In March 2011, we issued $300,000 of 7.75% Senior Notes due 2019 at a price of 99.264% (“7.75% Senior Notes”).  The 7.75% Senior Notes are general unsecured obligations and rank junior to all of our senior secured indebtedness and senior to our senior subordinated indebtedness. The 7.75% Senior Notes are redeemable, in whole or in part, at our option at any time on or after March 15, 2015, with call premiums as defined in the indenture governing the 7.75% Senior Notes.
	8.875% Senior Subordinated Notes — In August 2012, we completed the issuance and sale of $350,000 of 8.875% Senior Subordinated Notes due 2020 (“8.875% Senior Subordinated Notes”).  The 8.875% Senior Subordinated Notes are general unsecured obligations and rank junior to all of our senior indebtedness. The 8.875% Senior Subordinated Notes are redeemable, in whole or in part, at our option at any time on or after June 15, 2016, with call premiums as defined in the indenture governing the 8.875% Senior Subordinated Notes.
	The 5.875% Senior Notes, 7.75% Senior Notes and 8.875% Senior Subordinated Notes are guaranteed, on a joint and several basis, by substantially all of our significant subsidiaries and certain other subsidiaries as described in Note 10. All of the guarantor subsidiaries are wholly owned by us.
	The indentures governing the 5.875% Senior Notes, 7.75% Senior Notes and 8.875% Senior Subordinated Notes limit, among other things, our ability and our restricted subsidiaries’ ability to borrow money, make restricted payments, use assets as security in other transactions, enter into transactions with affiliates, pay dividends, or repurchase stock. The indentures also limit our ability to issue and sell capital stock of subsidiaries, sell assets in excess of specified amounts or merge with or into other companies.

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Oct. 27, 2013
Earnings Per Share	'
Earnings Per Share	'
	5.  Earnings Per Share
	The following table sets forth the computation of basic and diluted income (loss) per share:
		Three Months Ended					Six Months Ended
		October 27,		October 28,			October 27,		October 28,
		2013		2012			2013		2012
	Numerator:
	Income (loss) applicable to common shares:
	Income (loss) from continuing operations	$	8,037	$	(4,341	)	$	3,175	$	403
	Loss from discontinued operations	—		(2,312		)	—		(395		)
	Net income (loss)	$	8,037	$	(6,653	)	$	3,175	$	8
	Denominator:
	Denominator for basic earnings (loss) per share - weighted average shares	39,686,217		39,336,134			39,634,573		39,177,208
	Effect of dilutive securities Employee stock options	44,975		—			48,071		14,867
	Denominator for diluted earnings (loss) per share - adjusted weighted average shares and assumed conversions	39,731,192		39,336,134			39,682,644		39,192,075
	Basic earnings (loss) per share:
	Income (loss) from continuing operations	$	0.2	$	(0.11	)	$	0.08	$	0.01
	Loss from discontinued operations	—		(0.06		)	—		(0.01		)
	Net income (loss)	$	0.2	$	(0.17	)	$	0.08	$	—
	Diluted earnings (loss) per share:
	Income (loss) from continuing operations	$	0.2	$	(0.11	)	$	0.08	$	0.01
	Loss from discontinued operations	—		(0.06		)	—		(0.01		)
	Net income (loss)	$	0.2	$	(0.17	)	$	0.08	$	—
	Our basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of shares outstanding for the period. Stock options representing 753,860 shares, which were anti-dilutive, were excluded from the calculation of common shares for diluted earnings per share for the three and six months ended October 27, 2013.  Stock options representing 1,009,160 shares, which were anti-dilutive, were excluded from the calculation of common shares for diluted income per share for both the three and six months ended October 28, 2012.  Due to the loss from continuing operations for the three months ended October 28, 2012, stock options representing 30,236 shares, which are potentially dilutive, were excluded from the calculation of common shares for the diluted loss per share for that period.  As the minimum market performance conditions related to our restricted stock units have not been achieved as of October 27, 2013 or October 28, 2012, 1,714,286 and 1,585,714 units have been excluded from the calculation of diluted earnings per share for the respective periods.

Stock_Based_Compensation

Stock Based Compensation	6 Months Ended
	Oct. 27, 2013
Stock Based Compensation	'
Stock Based Compensation	'
	6.  Stock Based Compensation
	Under our Amended and Restated 2009 Long Term Stock Incentive Plan we have issued restricted stock units, restricted stock and stock options.
	Restricted Stock Units—During fiscal 2013, we granted restricted stock units (“RSUs”) containing market performance conditions which will determine the ultimate amount of RSUs, if any, to be awarded up to 1,714,286 shares.  Any RSUs earned will vest 50% on April 26, 2015 and 50% on April 26, 2016.  The fair value of these RSUs is determined utilizing a lattice pricing model which considers a range of assumptions including volatility and risk-free interest rates.  The aggregate compensation cost related to these RSUs is $4,932 to be recognized over the vesting periods. As of October 27, 2013, our unrecognized compensation cost for these RSUs is $3,029.
	Restricted Stock —During the six months ended October 27, 2013, we issued 88,094 shares of restricted stock with a weighted average grant-date fair value of $7.83 to employees and 148,360 shares of restricted stock with a weighted-average grant date fair value of $7.62 to directors.  Restricted stock awarded to employees under annual long-term incentive grants primarily vests one-third on each anniversary of the grant date and for directors vests one-half on the grant date and one-half on the first anniversary of the grant date. Our aggregate estimate of forfeitures for restricted stock for employees and directors is 10% and 0%, respectively. As of October 27, 2013, our unrecognized compensation cost for unvested restricted stock is $1,872 with a remaining weighted average vesting period of 1.2 years.

Fair_Value

Fair Value	6 Months Ended
	Oct. 27, 2013
Fair Value	'
Fair Value	'
	7.  Fair Value
	Our interest rate swap derivative agreement matured in September 2013.  The fair value of our interest swap contracts were previously recorded using Level 3 inputs at the present value of all expected future cash flows based on the LIBOR-based swap yield curve as of the date of the valuation.
	The following table presents the changes in Level 3 liabilities measured at fair value on a recurring basis:
		Three Months Ended						Six Months Ended
		October 27,			October 28,			October 27,			October 28,
		2013			2012			2013			2012
	Interest Rate Hedges
	Beginning Balance	$	(326	)	$	(2,121	)	$	(794	)	$	(2,493	)
	Realized gains/(losses)	326			413			794			785
	Ending Balance	$	—		$	(1,708	)	$	—		$	(1,708	)
	Financial Instruments - The estimated carrying amounts and fair values of our other financial instruments are as follows:
		27-Oct-13						28-Apr-13
		Carrying						Carrying
		Amount			Fair Value			Amount			Fair Value
	Financial assets:
	Cash and cash equivalents	$	69,958		$	69,958		$	68,469		$	68,469
	Marketable securities	25,120			25,120			25,520			25,520
	Accounts receivable	9,870			9,870			11,077			11,077
	Restricted cash and investments	9,782			9,782			11,417			11,417
	Financial liabilities:
	Revolving line of credit	$	160,900		$	157,682		$	154,900		$	151,802
	5.875% Senior notes	350,000			344,750			350,000			357,000
	7.75% Senior notes	298,365			319,525			298,246			327,698
	8.875% Senior subordinated notes	350,000			371,000			350,000			381,535
	Other long-term debt	3,432			3,432			3,738			3,738
	Other long-term obligations	22,433			22,433			22,514			22,514
	The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value:
	Cash and cash equivalents and accounts receivable are carried at cost, which approximates fair value, due to their short-term maturities.
	Marketable securities include investments of $8,477 and $9,433, as of October 27, 2013 and April 28, 2013, respectively, based upon Level 1 inputs obtained from quoted prices available in active markets and investments of $16,643 and $16,087, as of October 27, 2013 and April 28, 2013, respectively, based upon Level 2 inputs obtained from quoted prices of identical assets in inactive markets or quoted prices for similar assets in active and inactive markets.  There were no transfers between Level 1 and Level 2 inputs during the six months ended October 27, 2013.
	Restricted cash and investments include restricted cash and investments of $4,278 and $3,979, as of October 27, 2013 and April 28, 2013, respectively, based upon Level 1 inputs obtained from quoted prices available in active markets and investments of $5,504 and $7,438, as of October 27, 2013 and April 28, 2013, respectively, based upon Level 2 inputs obtained from quoted prices of identical assets in inactive markets or quoted prices for similar assets in active and inactive markets.  There were no transfers between Level 1 and Level 2 inputs during the six months ended October 27, 2013.
	The fair value of our long-term debt or other long-term obligations is estimated based on the quoted market price of the underlying debt issue (Level 1) or, when a quoted market price is not available, the discounted cash flow of future payments utilizing current rates available to us for debt of similar remaining maturities (Level 3). Debt obligations with a short remaining maturity have a carrying amount that approximates fair value.

Income_Taxes

Income Taxes	6 Months Ended
	Oct. 27, 2013
Income Taxes	'
Income Taxes	'
	8.  Income Taxes
	A summary of our effective income tax rate from continuing operations is as follows:
		Three Months Ended						Six Months Ended
		October 27,			October 28,			October 27,			October 28,
		2013			2012			2013			2012
	Federal taxes at the statutory rate	$	3,289		$	(1,933	)	$	2,081		$	189
	State taxes	233			(218		)	516			29
	Permanent differences	277			405			536			661
	Tax credits	(263		)	(355		)	(525		)	(710		)
	Other	49			(94		)	101			20
	Valuation allowance	(2,226		)	1,013			61			(53		)
	Income tax provision (benefit) from continuing operations	$	1,359		$	(1,182	)	$	2,770		$	136
	Our income tax provision consists of 1) changes in the deferred tax liability attributable to indefinite lived intangibles, 2) fluctuations in the valuation allowance placed upon our federal and state deferred tax assets including net operating loss carry forwards and tax credits, 3) expense for state jurisdictions where taxable income is generated without net operating loss carry forwards available, and 4) expense for unrecognized tax positions.

Supplemental_Disclosures

Supplemental Disclosures	6 Months Ended
	Oct. 27, 2013
Supplemental Disclosures	'
Supplemental Disclosures	'
	9.  Supplemental Disclosures
	Cash Flow — For the six months ended October 27, 2013 and October 28, 2012, we made net cash interest payments of $43,652 and $38,059, respectively. Additionally, we received net income tax refunds of $97 and made net income tax payments of $2,892 during the six months ended October 27, 2013 and October 28, 2012, respectively.
	For the six months ended October 27, 2013 and October 28, 2012, the accrued purchases of property and equipment in accounts payable decreased by $6,188 and increased by $3,074, respectively.
	For the six months ended October 27, 2013 and October 28, 2012, we capitalized interest of $185 and $2,105, respectively.

Consolidating_Condensed_Financ

Consolidating Condensed Financial Information	6 Months Ended
	Oct. 27, 2013
Consolidating Condensed Financial Information	'
Consolidating Condensed Financial Information	'
	10.  Consolidating Condensed Financial Information
	Certain of our wholly owned subsidiaries have fully and unconditionally guaranteed on a joint and several basis, the payment of all obligations under our 5.875% Senior Notes, 7.75% Senior Notes and 8.875% Senior Subordinated Notes.
	The following wholly owned subsidiaries of the Company are guarantors, on a joint and several basis, under the 5.875% Senior Notes, 7.75% Senior Notes and 8.875% Senior Subordinated Notes: Black Hawk Holdings, L.L.C.; CCSC/Blackhawk, Inc.; IC Holdings Colorado, Inc.; IOC-Black Hawk Distribution Company, L.L.C.; IOC-Boonville, Inc.; IOC-Caruthersville, L.L.C.; IOC-Kansas City, Inc.; IOC-Lula, Inc.; IOC-Natchez, Inc.; IOC-Black Hawk County, Inc.; IOC-Davenport, Inc.; IOC Holdings, L.L.C.; IOC-Vicksburg, Inc.; IOC-Vicksburg, LLC; Rainbow Casino- Vicksburg Partnership, L.P.; IOC Cape Girardeau, LLC; Isle of Capri Bettendorf, L.C; Isle of Capri Black Hawk, L.L.C.; Isle of Capri Marquette, Inc.; PPI, Inc.; and St. Charles Gaming Company, L.L.C. Each of the subsidiaries’ guarantees is joint and several with the guarantees of the other subsidiaries.
	During the three months ended October 27, 2013, the IOC-PA, L.L.C. subsidiary changed designations from a Guarantor Subsidiary to a Non-Guarantor Subsidiary. All periods presented below reflect this change and the operations of IOC-PA, L.L.C as a Non-Guarantor Subsidiary.
	Consolidating condensed balance sheets as of October 27, 2013 and April 28, 2013 are as follows:
		As of October 27, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Balance Sheet
	Current assets	$	28,940		$	77,450		$	35,365		$	(4,642	)	$	137,113
	Intercompany receivables	612,953			—			—			(612,953		)	—
	Investments in subsidiaries	663,376			(29,794		)	—			(633,582		)	—
	Property and equipment, net	7,172			950,881			59,419			—			1,017,472
	Other assets	47,041			316,638			29,526			(4,163		)	389,042
	Total assets	$	1,359,482		$	1,315,175		$	124,310		$	(1,255,340	)	$	1,543,627
	Current liabilities	$	42,847		$	74,655		$	32,310		$	(4,642	)	$	145,170
	Intercompany payables	—			570,204			42,749			(612,953		)	—
	Long-term debt, less current maturities	1,162,025			—			239			—			1,162,264
	Other accrued liabilities	6,141			78,279			7,467			(4,163		)	87,724
	Stockholders’ equity	148,469			592,037			41,545			(633,582		)	148,469
	Total liabilities and stockholders’ equity	$	1,359,482		$	1,315,175		$	124,310		$	(1,255,340	)	$	1,543,627
		As of April 28, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Balance Sheet
	Current assets	$	19,176		$	84,251		$	28,922		$	(49	)	$	132,300
	Intercompany receivables	626,444			—			11,803			(638,247		)	—
	Investments in subsidiaries	643,257			(29,794		)	—			(613,463		)	—
	Property and equipment, net	7,831			977,423			48,772			—			1,034,026
	Other assets	50,958			317,800			23,955			(5,440		)	387,273
	Total assets	$	1,347,666		$	1,349,680		$	113,452		$	(1,257,199	)	$	1,553,599
	Current liabilities	$	43,139		$	77,340		$	35,368		$	(48	)	$	155,799
	Intercompany payables	—			613,248			25,000			(638,248		)	—
	Long-term debt, less current maturities	1,155,939			210			320			—			1,156,469
	Other accrued liabilities	6,178			76,401			21,782			(5,440		)	98,921
	Stockholders’ equity	142,410			582,481			30,982			(613,463		)	142,410
	Total liabilities and stockholders’ equity	$	1,347,666		$	1,349,680		$	113,452		$	(1,257,199	)	$	1,553,599
	Consolidating condensed statements of operations for the three and six months ended October 27, 2013 and October 28, 2012 are as follows:
		For the Three Months Ended October 27, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Statement of Operations
	Revenues:
	Casino	$	—		$	249,471		$	8,457		$	—		$	257,928
	Rooms, food, beverage, pari-mutuel and other	176			41,367			3,217			(2,319		)	42,441
	Management fee revenue	8,232			—			—			(8,232		)	—
	Gross revenues	8,408			290,838			11,674			(10,551		)	300,369
	Less promotional allowances	—			(56,868		)	(1,921		)	—			(58,789		)
	Net revenues	8,408			233,970			9,753			(10,551		)	241,580
	Operating expenses:
	Casino	—			39,412			1,855			—			41,267
	Gaming taxes	—			62,454			3,268			—			65,722
	Rooms, food, beverage, pari-mutuel and other	8,628			85,467			4,726			(2,319		)	96,502
	Litigation accrual reversal	—			—			(7,351		)	—			(7,351		)
	Management fee expense	—			8,024			208			(8,232		)	—
	Depreciation and amortization	380			19,052			1,670			—			21,102
	Total operating expenses	9,008			214,409			4,376			(10,551		)	217,242
Operating income (loss)	(600		)	19,561			5,377			—			24,338
Interest (expense) income, net	(11,546		)	(10,069		)	6,505			—			(15,110		)
Derivative income	168			—			—			—			168
Equity in income (loss) of subsidiaries	16,732			—			—			(16,732		)	—
Income (loss) from continuing operations before income taxes	4,754			9,492			11,882			(16,732		)	9,396
Income tax (provision) benefit	3,283			(5,707		)	1,065			—			(1,359		)
Income (loss) from continuining operations	8,037			3,785			12,947			(16,732		)	8,037
Income (loss) of discontinued operations	—			—			—			—			—
Net income (loss)	$	8,037		$	3,785		$	12,947		$	(16,732	)	$	8,037
	For the Three Months Ended October 28, 2012
	Isle of Capri									Consolidating
	Casinos, Inc.						Non-			and			Isle of Capri
	(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Operations
Revenues:
Casino	$	—		$	234,648		$	—		$	—		$	234,648
Rooms, food, beverage, pari-mutuel and other	165			38,594			2,260			(2,254		)	38,765
Management fee revenue	7,671			—			—			(7,671		)	—
Gross revenues	7,836			273,242			2,260			(9,925		)	273,413
Less promotional allowances	—			(50,206		)	—			—			(50,206		)
Net revenues	7,836			223,036			2,260			(9,925		)	223,207
Operating expenses:
Casino	—			36,802			—			—			36,802
Gaming taxes	—			58,619			—			—			58,619
Rooms, food, beverage, pari-mutuel and other	12,265			84,004			766			(2,254		)	94,781
Management fee expense	—			7,671			—			(7,671		)	—
Depreciation and amortization	516			16,229			105			—			16,850
Total operating expenses	12,781			203,325			871			(9,925		)	207,052
Operating income (loss)	(4,945		)	19,711			1,389			—			16,155
Interest expense, net	(13,128		)	(8,488		)	(238		)	—			(21,854		)
Derivative income	176			—			—			—			176
Equity in income (loss) of subsidiaries	8,169			—			—			(8,169		)	—
Income (loss) from continuing operations before income taxes	(9,728		)	11,223			1,151			(8,169		)	(5,523		)
Income tax (provision) benefit	5,387			(3,791		)	(414		)	—			1,182
Income (loss) from continuining operations	(4,341		)	7,432			737			(8,169		)	(4,341		)
Income (loss) of discontinued operations	(2,312		)	(2,609		)	—			2,609			(2,312		)
Net income (loss)	$	(6,653	)	$	4,823		$	737		$	(5,560	)	$	(6,653	)
	For the Six Months Ended October 27, 2013
	Isle of Capri									Consolidating
	Casinos, Inc.						Non-			and			Isle of Capri
	(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Operations
Revenues:
Casino	$	—		$	509,146		$	10,924		$	—		$	520,070
Rooms, food, beverage, pari-mutuel and other	354			85,000			5,885			(4,667		)	86,572
Management fee revenue	16,790			—			—			(16,790		)	—
Gross revenues	17,144			594,146			16,809			(21,457		)	606,642
Less promotional allowances	—			(115,225		)	(2,108		)	—			(117,333		)
Net revenues	17,144			478,921			14,701			(21,457		)	489,309
Operating expenses:
Casino	—			80,489			2,521			—			83,010
Gaming taxes	—			127,213			4,485			—			131,698
Rooms, food, beverage, pari-mutuel and other	16,762			174,332			10,803			(4,667		)	197,230
Litigation accrual reversal	—			—			(7,351		)	—			(7,351		)
Management fee expense	—			16,582			208			(16,790		)	—
Depreciation and amortization	782			38,487			2,228			—			41,497
Total operating expenses	17,544			437,103			12,894			(21,457		)	446,084
Operating income (loss)	(400		)	41,818			1,807			—			43,225
Interest (expense) interest, net	(23,308		)	(20,176		)	5,806			—			(37,678		)
Derivative income	398			—			—			—			398
Equity in income (loss) of subsidiaries	19,987			—			—			(19,987		)	—
Income (loss) from continuing operations before income taxes	(3,323		)	21,642			7,613			(19,987		)	5,945
Income tax (provision) benefit	6,498			(12,217		)	2,949			—			(2,770		)
Income (loss) from continuining operations	3,175			9,425			10,562			(19,987		)	3,175
Income (loss) of discontinued operations	—			—			—			—			—
Net income (loss)	$	3,175		$	9,425		$	10,562		$	(19,987	)	$	3,175
	For the Six Months Ended October 28, 2012
	Isle of Capri									Consolidating
	Casinos, Inc.						Non-			and			Isle of Capri
	(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Operations
Revenues:
Casino	$	—		$	484,917		$	—		$	—		$	484,917
Rooms, food, beverage, pari-mutuel and other	341			79,849			4,711			(4,700		)	80,201
Management fee revenue	16,108			—			—			(16,108		)	—
Gross revenues	16,449			564,766			4,711			(20,808		)	565,118
Less promotional allowances	—			(106,088		)	—			—			(106,088		)
Net revenues	16,449			458,678			4,711			(20,808		)	459,030
Operating expenses:
Casino	—			75,298			—			—			75,298
Gaming taxes	—			120,247			—			—			120,247
Rooms, food, beverage, pari-mutuel and other	21,728			168,230			2,216			(4,700		)	187,474
Management fee expense	—			16,108			—			(16,108		)	—
Depreciation and amortization	1,005			32,424			243			—			33,672
Total operating expenses	22,733			412,307			2,459			(20,808		)	416,691
Operating income (loss)	(6,284		)	46,371			2,252			—			42,339
Interest expense, net	(24,199		)	(17,459		)	(452		)	—			(42,110		)
Derivative income	310			—			—			—			310
Equity in income (loss) of subsidiaries	19,065			—			—			(19,065		)	—
Income (loss) from continuing operations before income taxes	(11,108		)	28,912			1,800			(19,065		)	539
Income tax (provision) benefit	11,511			(10,983		)	(664		)	—			(136		)
Income (loss) from continuining operations	403			17,929			1,136			(19,065		)	403
Income (loss) of discontinued operations	(395		)	(1,317		)	—			1,317			(395		)
Net income (loss)	$	8		$	16,612		$	1,136		$	(17,748	)	$	8
Consolidating condensed statements of cash flows for the six months ended October 27, 2013 and October 28, 2012 are as follows:
	Six Months Ended October 27, 2013
	Isle of Capri									Consolidating
	Casinos, Inc.						Non-			and			Isle of Capri
	(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Cash Flows
Net cash provided by (used in) operating activities	$	(20,158	)	$	52,680		$	(183	)	$	—		$	32,339
Investing Activities:
Purchases of property and equipment, net of proceeds	(169		)	(12,649		)	(16,752		)	—			(29,570		)
Payments towards gaming license	—			—			(7,500		)	—			(7,500		)
Restricted cash and investments	—			—			1,198			—			1,198
Parent company investment in subsidiaries	13,491			—			—			(13,491		)	—
Net cash provided by (used in) investing activities	13,322			(12,649		)	(23,054		)	(13,491		)	(35,872		)
Financing Activities:
Principal payments on debt	(30		)	(200		)	(75		)	—			(305		)
Net borrowings on line of credit	6,000			—			—			—			6,000
Payments of deferred financing costs	(673		)	—			—			—			(673		)
Net proceeds from (payments to) related parties	—			(43,043		)	29,552			13,491			—
Net cash provided by (used in) financing activities	5,297			(43,243		)	29,477			13,491			5,022
Net increase (decrease) in cash and cash equivalents	(1,539		)	(3,212		)	6,240			—			1,489
Cash and cash equivalents at beginning of period	6,914			57,268			4,287			—			68,469
Cash and cash equivalents at end of the period	$	5,375		$	54,056		$	10,527		—			$	69,958
	Six Months Ended October 28, 2012
	Isle of Capri									Consolidating
	Casinos, Inc.						Non-			and			Isle of Capri
	(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Cash Flows
Net cash provided by (used in) operating activities	$	(16,621	)	$	65,922		$	7,225		$	—		$	56,526
Investing Activities:
Purchases of property and equipment, net of proceeds	(458		)	(88,639		)	(422		)	—			(89,519		)
Payments towards gaming license	—			—			(5,000		)	—			(5,000		)
Restricted cash and investments	—			208			(720		)	—			(512		)
Parent company investment in subsidiaries	(34,770		)	—			—			34,770			—
Net cash provided by (used in) investing activities	(35,228		)	(88,431		)	(6,142		)	34,770			(95,031		)
Financing Activities:
Principal payments on debt	(9,775		)	(223		)	(69		)	—			(10,067		)
Net borrowings on line of credit	38,000			—			—			—			38,000
Payments of deferred financing costs	(8,410		)	—			—			—			(8,410		)
Net proceeds from (payments to) related parties	—			34,005			765			(34,770		)	—
Net cash provided by (used in) financing activities	19,815			33,782			696			(34,770		)	19,523
Net increase (decrease) in cash and cash equivalents	(32,034		)	11,273			1,779			—			(18,982		)
Cash and cash equivalents at beginning of period	39,365			50,749			4,347			—			94,461
Cash and cash equivalents at end of the period	$	7,331		$	62,022		$	6,126		$	—		$	75,479

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Oct. 27, 2013
Commitments and Contingencies	'
Commitments and Contingencies	'
	11.  Commitments and Contingencies
	Legal and Regulatory Proceedings— Our wholly owned subsidiary, Lady Luck Gaming Corporation, and several joint venture partners have been defendants in the Greek Civil Courts and the Greek Administrative Courts in similar lawsuits brought by the country of Greece. The actions alleged that the defendants failed to make specified payments in connection with the gaming license bid process for Patras, Greece. In the Civil Court lawsuit, the Civil Court of First Instance ruled in our favor and dismissed the lawsuit in 2001. The lawsuits continued through the appeals process and in October 2013, the Supreme Administrative Court rejected both lawsuits in a final and irrevocable decision which disposed of this matter completely.  As a result, during the three months ended October 27, 2013, we reversed a litigation accrual of $14,730, of which $7,351 was recorded as a reduction to operating expenses and $7,379 was recorded as a reduction to interest expense.
	We were named as a defendant in a complaint filed in the Circuit Court for Broward County, Florida. The complaint alleged we sent unsolicited fax advertisements in violation of the Telephone Consumer Protection Act of 1991, as amended by the Junk Fax Prevention Act of 2005 (the “TCPA”), and sought to certify a class action.  The complaint sought statutory damages for alleged negligent and willful violations of the TCPA, attorneys’ fees, costs and injunction relief. In April 2013, we entered into a settlement agreement with the plaintiff and on May 22, 2013, the Court issued an order granting preliminary approval of the settlement and finalized its approval of the settlement in October 2013. Settlement of this matter was finalized during the three months ended October 27, 2013 and payments were within the Company’s reserves for this lawsuit.
	We and our wholly-owned subsidiary, Riverboat Corporation of Mississippi - Vicksburg, are defendants in a lawsuit filed in the Circuit Court of Adams County, Mississippi by Silver Land, Inc., alleging breach of contract in connection with our 2006 sale of casino operations in Vicksburg, Mississippi, to a third party. In January 2011, the court ruled in favor of Silver Land and in September 2011 the court awarded damages of approximately $2,000, which we accrued.  We filed a notice of appeal in November 2011 and oral arguments were held in January 2013. In June 2013, the court of appeals reversed the trial court and ruled in our favor.  Silver Land filed a motion for a rehearing in July 2013, which was denied in November 2013.  Silver Land filed a Writ of Certiorari on November 19, 2013 seeking review by the Mississippi Supreme Court. We filed a response to Silver Land’s Writ and await a ruling from the Mississippi Supreme Court.  While the ultimate outcome of this matter is still in doubt and cannot be predicted with any degree of certainty, we intend to put forth a vigorous and appropriate defense of the favorable June 2013 ruling of the court of appeals as Silver Land continues to pursue its claim.
	In October 2012, we opened our new casino in Cape Girardeau, Missouri. A subcontractor has filed a mechanics’ lien against our property resulting from a dispute between the subcontractor and our general contractor for the construction project. We demanded that the general contractor cause the lien to be bonded against or satisfied, however the general contractor has refused to do so and asserted that a portion of the subcontractor’s claim results from additional work directly requested by us. In October 2013, the subcontractor filed suit against our wholly-owned subsidiary IOC-Cape Girardeau, LLC, the general contractor and two other defendants alleging damages of approximately $4,600.  The outcome of this matter is still in doubt and cannot be predicted with any degree of certainty.  In the event that we incur any costs in connection with this matter, we do not believe that any such costs would be material, and if incurred, the settlement of construction costs would be capitalized.
	Our wholly owned subsidiary, PPI, Inc., d/b/a Isle Casino Racing Pompano Park, has been named as a defendant in two collective action Fair Labor Standards Act claims in the U.S. District Court — Southern District of Florida.  The claims allege violations of tipping and tip-credit practices for certain employees.  The outcome of these matters is still in doubt and cannot be predicted.  In September 2013, the two actions were combined into one matter.  Discovery and participation in the combined suit is still pending.  We intend to continue to put forth a vigorous defense against the claims asserted in this matter.
	We are subject to certain federal, state and local environmental protection, health and safety laws, regulations and ordinances that apply to businesses generally, and are subject to cleanup requirements at certain of our facilities as a result thereof. We have not made, and do not anticipate making material expenditures, nor do we anticipate incurring delays with respect to environmental remediation or protection. However, in part because our present and future development sites have, in some cases, been used as manufacturing facilities or other facilities that generate materials that are required to be remediated under environmental laws and regulations, there can be no guarantee that additional pre-existing conditions will not be discovered and we will not experience material liabilities or delays.
	We are subject to various contingencies and litigation matters and have a number of unresolved claims. Although the ultimate liability of these contingencies, this litigation and these claims cannot be determined at this time, we believe they will not have a material adverse effect on our consolidated financial position, results of operations or cash flows.
	Development Projects— On February 1, 2013, we signed an agreement with Tower Investments, Inc. to manage The Provence, the resort and casino on North Broad Street, Philadelphia, proposed by Tower Entertainment, LLC (the “Tower JV”), if the project is selected by the Pennsylvania Gaming Control Board (the “PGCB”). The Tower JV is one of five applicants for the final gaming license in Philadelphia. As part of our agreement with the Tower JV, we loaned $25,000 to the Tower JV in the form of a stand-by letter of credit issued for the purpose of securing the Pennsylvania gaming license fee relating to the project. The $25,000 letter of credit can only be drawn upon if the Tower JV is awarded the license. If the Tower JV is selected, we have the option to either 1) be repaid from the proceeds of permanent financing, or 2) convert the $25,000 loan into a minority investment in the Tower JV. The PGCB has announced that suitability hearings before the board have been scheduled for late January 2014.

Subsequent_Event

Subsequent Event	6 Months Ended
	Oct. 27, 2013
Subsequent Event	'
Subsequent Event	'
	12. Subsequent Event
	On December 4, 2013, we entered into a definitive asset purchase agreement with Scott County Casino, LLC, to sell substantially all of the assets and for the assumption of certain liabilities related to our Rhythm City Casino located in Davenport, Iowa, for approximately $51,000, subject to working capital and certain other customary purchase price adjustments. The completion of the transaction is subject to applicable gaming regulatory approvals and other customary closing conditions.  We expect the sale to close early in calendar 2014. Our future financial statements will present the assets related to our Rhythm City Casino as held for sale and operating results as discontinued operations.  As of October 27, 2013, the carrying value of the assets included in the sale of the Rhythm City Casino consisted of approximately $2,500 in current assets and $11,300 in property and equipment and $1,000 in current liabilities assumed.  The Company had $38,000 of goodwill associated with the Rhythm City Casino as of October 27, 2013.

Discontinued_Operations_Tables

Discontinued Operations (Tables)	6 Months Ended
	Oct. 27, 2013
Discontinued Operations	'
Schedule of results of discontinued operations	'
		Three Months Ended			Six Months Ended
		October 28,			October 28,
		2012			2012
	Net revenues	$	14,043		$	31,611
	Pretax loss from discontinued operations	(2,312		)	(395		)
	Income tax benefit from discontinued operations	—			—
	Loss from discontinued operations	(2,312		)	(395		)

LongTerm_Debt_Tables

Long-Term Debt (Tables)	6 Months Ended
	Oct. 27, 2013
Long-Term Debt	'
Schedule of long-term debt	'
		October 27,		April 28,
		2013		2013
	Senior Secured Credit Facility, interest payable at least quarterly at either LIBOR and/or prime plus a margin	$	160,900	$	154,900
	5.875% Senior Notes, interest payable semi-annually March 15 and September 15	350,000		350,000
	7.75% Senior Notes, interest payable semi-annually March 15 and September 15, net of discount	298,365		298,246
	8.875% Senior Subordinated Notes, interest payable Semi-annually June 15 and December 15	350,000		350,000
	Other	3,432		3,738
		1,162,697		1,156,884
	Less current maturities	433		415
	Long-term debt	$	1,162,264	$	1,156,469

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	6 Months Ended
	Oct. 27, 2013
Earnings Per Share	'
Schedule of computation of basic and diluted income (loss) per share	'
		Three Months Ended					Six Months Ended
		October 27,		October 28,			October 27,		October 28,
		2013		2012			2013		2012
	Numerator:
	Income (loss) applicable to common shares:
	Income (loss) from continuing operations	$	8,037	$	(4,341	)	$	3,175	$	403
	Loss from discontinued operations	—		(2,312		)	—		(395		)
	Net income (loss)	$	8,037	$	(6,653	)	$	3,175	$	8
	Denominator:
	Denominator for basic earnings (loss) per share - weighted average shares	39,686,217		39,336,134			39,634,573		39,177,208
	Effect of dilutive securities Employee stock options	44,975		—			48,071		14,867
	Denominator for diluted earnings (loss) per share - adjusted weighted average shares and assumed conversions	39,731,192		39,336,134			39,682,644		39,192,075
	Basic earnings (loss) per share:
	Income (loss) from continuing operations	$	0.2	$	(0.11	)	$	0.08	$	0.01
	Loss from discontinued operations	—		(0.06		)	—		(0.01		)
	Net income (loss)	$	0.2	$	(0.17	)	$	0.08	$	—
	Diluted earnings (loss) per share:
	Income (loss) from continuing operations	$	0.2	$	(0.11	)	$	0.08	$	0.01
	Loss from discontinued operations	—		(0.06		)	—		(0.01		)
	Net income (loss)	$	0.2	$	(0.17	)	$	0.08	$	—

Fair_Value_Tables

Fair Value (Tables)	6 Months Ended
	Oct. 27, 2013
Fair Value	'
Schedule of changes in Level 3 liabilities measured at fair value on a recurring basis	'
		Three Months Ended						Six Months Ended
		October 27,			October 28,			October 27,			October 28,
		2013			2012			2013			2012
	Interest Rate Hedges
	Beginning Balance	$	(326	)	$	(2,121	)	$	(794	)	$	(2,493	)
	Realized gains/(losses)	326			413			794			785
	Ending Balance	$	—		$	(1,708	)	$	—		$	(1,708	)
Schedule of estimated carrying amounts and fair values of other financial instruments	'
		27-Oct-13						28-Apr-13
		Carrying						Carrying
		Amount			Fair Value			Amount			Fair Value
	Financial assets:
	Cash and cash equivalents	$	69,958		$	69,958		$	68,469		$	68,469
	Marketable securities	25,120			25,120			25,520			25,520
	Accounts receivable	9,870			9,870			11,077			11,077
	Restricted cash and investments	9,782			9,782			11,417			11,417
	Financial liabilities:
	Revolving line of credit	$	160,900		$	157,682		$	154,900		$	151,802
	5.875% Senior notes	350,000			344,750			350,000			357,000
	7.75% Senior notes	298,365			319,525			298,246			327,698
	8.875% Senior subordinated notes	350,000			371,000			350,000			381,535
	Other long-term debt	3,432			3,432			3,738			3,738
	Other long-term obligations	22,433			22,433			22,514			22,514

Income_Taxes_Tables

Income Taxes (Tables)	6 Months Ended
	Oct. 27, 2013
Income Taxes	'
Summary of entity's effective income tax rate from continuing operations	'
		Three Months Ended						Six Months Ended
		October 27,			October 28,			October 27,			October 28,
		2013			2012			2013			2012
	Federal taxes at the statutory rate	$	3,289		$	(1,933	)	$	2,081		$	189
	State taxes	233			(218		)	516			29
	Permanent differences	277			405			536			661
	Tax credits	(263		)	(355		)	(525		)	(710		)
	Other	49			(94		)	101			20
	Valuation allowance	(2,226		)	1,013			61			(53		)
	Income tax provision (benefit) from continuing operations	$	1,359		$	(1,182	)	$	2,770		$	136

Consolidating_Condensed_Financ1

Consolidating Condensed Financial Information (Tables)	6 Months Ended
	Oct. 27, 2013
Consolidating Condensed Financial Information	'
Schedule of consolidating condensed balance sheets	'
		As of October 27, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Balance Sheet
	Current assets	$	28,940		$	77,450		$	35,365		$	(4,642	)	$	137,113
	Intercompany receivables	612,953			—			—			(612,953		)	—
	Investments in subsidiaries	663,376			(29,794		)	—			(633,582		)	—
	Property and equipment, net	7,172			950,881			59,419			—			1,017,472
	Other assets	47,041			316,638			29,526			(4,163		)	389,042
	Total assets	$	1,359,482		$	1,315,175		$	124,310		$	(1,255,340	)	$	1,543,627
	Current liabilities	$	42,847		$	74,655		$	32,310		$	(4,642	)	$	145,170
	Intercompany payables	—			570,204			42,749			(612,953		)	—
	Long-term debt, less current maturities	1,162,025			—			239			—			1,162,264
	Other accrued liabilities	6,141			78,279			7,467			(4,163		)	87,724
	Stockholders’ equity	148,469			592,037			41,545			(633,582		)	148,469
	Total liabilities and stockholders’ equity	$	1,359,482		$	1,315,175		$	124,310		$	(1,255,340	)	$	1,543,627
		As of April 28, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Balance Sheet
	Current assets	$	19,176		$	84,251		$	28,922		$	(49	)	$	132,300
	Intercompany receivables	626,444			—			11,803			(638,247		)	—
	Investments in subsidiaries	643,257			(29,794		)	—			(613,463		)	—
	Property and equipment, net	7,831			977,423			48,772			—			1,034,026
	Other assets	50,958			317,800			23,955			(5,440		)	387,273
	Total assets	$	1,347,666		$	1,349,680		$	113,452		$	(1,257,199	)	$	1,553,599
	Current liabilities	$	43,139		$	77,340		$	35,368		$	(48	)	$	155,799
	Intercompany payables	—			613,248			25,000			(638,248		)	—
	Long-term debt, less current maturities	1,155,939			210			320			—			1,156,469
	Other accrued liabilities	6,178			76,401			21,782			(5,440		)	98,921
	Stockholders’ equity	142,410			582,481			30,982			(613,463		)	142,410
	Total liabilities and stockholders’ equity	$	1,347,666		$	1,349,680		$	113,452		$	(1,257,199	)	$	1,553,599
Schedule of consolidating condensed statements of operations	'
		For the Three Months Ended October 27, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Statement of Operations
	Revenues:
	Casino	$	—		$	249,471		$	8,457		$	—		$	257,928
	Rooms, food, beverage, pari-mutuel and other	176			41,367			3,217			(2,319		)	42,441
	Management fee revenue	8,232			—			—			(8,232		)	—
	Gross revenues	8,408			290,838			11,674			(10,551		)	300,369
	Less promotional allowances	—			(56,868		)	(1,921		)	—			(58,789		)
	Net revenues	8,408			233,970			9,753			(10,551		)	241,580
	Operating expenses:
	Casino	—			39,412			1,855			—			41,267
	Gaming taxes	—			62,454			3,268			—			65,722
	Rooms, food, beverage, pari-mutuel and other	8,628			85,467			4,726			(2,319		)	96,502
	Litigation accrual reversal	—			—			(7,351		)	—			(7,351		)
	Management fee expense	—			8,024			208			(8,232		)	—
	Depreciation and amortization	380			19,052			1,670			—			21,102
	Total operating expenses	9,008			214,409			4,376			(10,551		)	217,242
	Operating income (loss)	(600		)	19,561			5,377			—			24,338
	Interest (expense) income, net	(11,546		)	(10,069		)	6,505			—			(15,110		)
	Derivative income	168			—			—			—			168
	Equity in income (loss) of subsidiaries	16,732			—			—			(16,732		)	—
	Income (loss) from continuing operations before income taxes	4,754			9,492			11,882			(16,732		)	9,396
	Income tax (provision) benefit	3,283			(5,707		)	1,065			—			(1,359		)
	Income (loss) from continuining operations	8,037			3,785			12,947			(16,732		)	8,037
	Income (loss) of discontinued operations	—			—			—			—			—
	Net income (loss)	$	8,037		$	3,785		$	12,947		$	(16,732	)	$	8,037
		For the Three Months Ended October 28, 2012
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Statement of Operations
	Revenues:
	Casino	$	—		$	234,648		$	—		$	—		$	234,648
	Rooms, food, beverage, pari-mutuel and other	165			38,594			2,260			(2,254		)	38,765
	Management fee revenue	7,671			—			—			(7,671		)	—
	Gross revenues	7,836			273,242			2,260			(9,925		)	273,413
	Less promotional allowances	—			(50,206		)	—			—			(50,206		)
	Net revenues	7,836			223,036			2,260			(9,925		)	223,207
	Operating expenses:
	Casino	—			36,802			—			—			36,802
	Gaming taxes	—			58,619			—			—			58,619
	Rooms, food, beverage, pari-mutuel and other	12,265			84,004			766			(2,254		)	94,781
	Management fee expense	—			7,671			—			(7,671		)	—
	Depreciation and amortization	516			16,229			105			—			16,850
	Total operating expenses	12,781			203,325			871			(9,925		)	207,052
	Operating income (loss)	(4,945		)	19,711			1,389			—			16,155
	Interest expense, net	(13,128		)	(8,488		)	(238		)	—			(21,854		)
	Derivative income	176			—			—			—			176
	Equity in income (loss) of subsidiaries	8,169			—			—			(8,169		)	—
	Income (loss) from continuing operations before income taxes	(9,728		)	11,223			1,151			(8,169		)	(5,523		)
	Income tax (provision) benefit	5,387			(3,791		)	(414		)	—			1,182
	Income (loss) from continuining operations	(4,341		)	7,432			737			(8,169		)	(4,341		)
	Income (loss) of discontinued operations	(2,312		)	(2,609		)	—			2,609			(2,312		)
	Net income (loss)	$	(6,653	)	$	4,823		$	737		$	(5,560	)	$	(6,653	)
		For the Six Months Ended October 27, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Operations
Revenues:
Casino	$	—		$	509,146		$	10,924		$	—		$	520,070
Rooms, food, beverage, pari-mutuel and other	354			85,000			5,885			(4,667		)	86,572
Management fee revenue	16,790			—			—			(16,790		)	—
Gross revenues	17,144			594,146			16,809			(21,457		)	606,642
Less promotional allowances	—			(115,225		)	(2,108		)	—			(117,333		)
Net revenues	17,144			478,921			14,701			(21,457		)	489,309
Operating expenses:
Casino	—			80,489			2,521			—			83,010
Gaming taxes	—			127,213			4,485			—			131,698
Rooms, food, beverage, pari-mutuel and other	16,762			174,332			10,803			(4,667		)	197,230
Litigation accrual reversal	—			—			(7,351		)	—			(7,351		)
Management fee expense	—			16,582			208			(16,790		)	—
Depreciation and amortization	782			38,487			2,228			—			41,497
Total operating expenses	17,544			437,103			12,894			(21,457		)	446,084
Operating income (loss)	(400		)	41,818			1,807			—			43,225
Interest (expense) interest, net	(23,308		)	(20,176		)	5,806			—			(37,678		)
Derivative income	398			—			—			—			398
Equity in income (loss) of subsidiaries	19,987			—			—			(19,987		)	—
Income (loss) from continuing operations before income taxes	(3,323		)	21,642			7,613			(19,987		)	5,945
Income tax (provision) benefit	6,498			(12,217		)	2,949			—			(2,770		)
Income (loss) from continuining operations	3,175			9,425			10,562			(19,987		)	3,175
Income (loss) of discontinued operations	—			—			—			—			—
Net income (loss)	$	3,175		$	9,425		$	10,562		$	(19,987	)	$	3,175
	For the Six Months Ended October 28, 2012
	Isle of Capri									Consolidating
	Casinos, Inc.						Non-			and			Isle of Capri
	(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
	Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
Statement of Operations
Revenues:
Casino	$	—		$	484,917		$	—		$	—		$	484,917
Rooms, food, beverage, pari-mutuel and other	341			79,849			4,711			(4,700		)	80,201
Management fee revenue	16,108			—			—			(16,108		)	—
Gross revenues	16,449			564,766			4,711			(20,808		)	565,118
Less promotional allowances	—			(106,088		)	—			—			(106,088		)
Net revenues	16,449			458,678			4,711			(20,808		)	459,030
Operating expenses:
Casino	—			75,298			—			—			75,298
Gaming taxes	—			120,247			—			—			120,247
Rooms, food, beverage, pari-mutuel and other	21,728			168,230			2,216			(4,700		)	187,474
Management fee expense	—			16,108			—			(16,108		)	—
Depreciation and amortization	1,005			32,424			243			—			33,672
Total operating expenses	22,733			412,307			2,459			(20,808		)	416,691
Operating income (loss)	(6,284		)	46,371			2,252			—			42,339
Interest expense, net	(24,199		)	(17,459		)	(452		)	—			(42,110		)
Derivative income	310			—			—			—			310
Equity in income (loss) of subsidiaries	19,065			—			—			(19,065		)	—
Income (loss) from continuing operations before income taxes	(11,108		)	28,912			1,800			(19,065		)	539
Income tax (provision) benefit	11,511			(10,983		)	(664		)	—			(136		)
Income (loss) from continuining operations	403			17,929			1,136			(19,065		)	403
Income (loss) of discontinued operations	(395		)	(1,317		)	—			1,317			(395		)
Net income (loss)	$	8		$	16,612		$	1,136		$	(17,748	)	$	8
Schedule of consolidating condensed statements of cash flows	'
		Six Months Ended October 27, 2013
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Statement of Cash Flows
	Net cash provided by (used in) operating activities	$	(20,158	)	$	52,680		$	(183	)	$	—		$	32,339
	Investing Activities:
	Purchases of property and equipment, net of proceeds	(169		)	(12,649		)	(16,752		)	—			(29,570		)
	Payments towards gaming license	—			—			(7,500		)	—			(7,500		)
	Restricted cash and investments	—			—			1,198			—			1,198
	Parent company investment in subsidiaries	13,491			—			—			(13,491		)	—
	Net cash provided by (used in) investing activities	13,322			(12,649		)	(23,054		)	(13,491		)	(35,872		)
	Financing Activities:
	Principal payments on debt	(30		)	(200		)	(75		)	—			(305		)
	Net borrowings on line of credit	6,000			—			—			—			6,000
	Payments of deferred financing costs	(673		)	—			—			—			(673		)
	Net proceeds from (payments to) related parties	—			(43,043		)	29,552			13,491			—
	Net cash provided by (used in) financing activities	5,297			(43,243		)	29,477			13,491			5,022
	Net increase (decrease) in cash and cash equivalents	(1,539		)	(3,212		)	6,240			—			1,489
	Cash and cash equivalents at beginning of period	6,914			57,268			4,287			—			68,469
	Cash and cash equivalents at end of the period	$	5,375		$	54,056		$	10,527		—			$	69,958
		Six Months Ended October 28, 2012
		Isle of Capri									Consolidating
		Casinos, Inc.						Non-			and			Isle of Capri
		(Parent			Guarantor			Guarantor			Eliminating			Casinos, Inc.
		Obligor)			Subsidiaries			Subsidiaries			Entries			Consolidated
	Statement of Cash Flows
	Net cash provided by (used in) operating activities	$	(16,621	)	$	65,922		$	7,225		$	—		$	56,526
	Investing Activities:
	Purchases of property and equipment, net of proceeds	(458		)	(88,639		)	(422		)	—			(89,519		)
	Payments towards gaming license	—			—			(5,000		)	—			(5,000		)
	Restricted cash and investments	—			208			(720		)	—			(512		)
	Parent company investment in subsidiaries	(34,770		)	—			—			34,770			—
	Net cash provided by (used in) investing activities	(35,228		)	(88,431		)	(6,142		)	34,770			(95,031		)
	Financing Activities:
	Principal payments on debt	(9,775		)	(223		)	(69		)	—			(10,067		)
	Net borrowings on line of credit	38,000			—			—			—			38,000
	Payments of deferred financing costs	(8,410		)	—			—			—			(8,410		)
	Net proceeds from (payments to) related parties	—			34,005			765			(34,770		)	—
	Net cash provided by (used in) financing activities	19,815			33,782			696			(34,770		)	19,523
	Net increase (decrease) in cash and cash equivalents	(32,034		)	11,273			1,779			—			(18,982		)
	Cash and cash equivalents at beginning of period	39,365			50,749			4,347			—			94,461
	Cash and cash equivalents at end of the period	$	7,331		$	62,022		$	6,126		$	—		$	75,479

Nature_of_Operations_Details

Nature of Operations (Details)	6 Months Ended
	Oct. 27, 2013
	item
Nature of Operations	'
Number of casino gaming facilities	16

Basis_of_Presentation_Details

Basis of Presentation (Details)	6 Months Ended	12 Months Ended
	Oct. 27, 2013	Apr. 27, 2014	Apr. 28, 2013
	item
Basis of Presentation	'	'	'
Length of fiscal period	'	'364 days	'364 days
Number of reporting segments	1	'	'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	Oct. 28, 2012	Oct. 28, 2012
Results of discontinued operations	'	'
Loss from discontinued operations	($2,312)	($395)
Biloxi casino	'	'
Results of discontinued operations	'	'
Valuation allowance discontinued operations income statement impact	1,500	'
Net revenues	14,043	31,611
Pretax loss from discontinued operations	-2,312	-395
Loss from discontinued operations	($2,312)	($395)

LongTerm_Debt_Details

Long-Term Debt (Details) (USD $)

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Oct. 27, 2013

Oct. 27, 2013

Apr. 28, 2013

Mar. 31, 2013

Oct. 27, 2013

Apr. 28, 2013

Mar. 31, 2011

Oct. 27, 2013

Apr. 28, 2013

Aug. 31, 2012

Oct. 27, 2013

Apr. 28, 2013

In Thousands, unless otherwise specified

Senior Secured Credit Facility, interest payable at least quarterly at either LIBOR and/or prime plus a margin

Senior Secured Credit Facility, interest payable at least quarterly at either LIBOR and/or prime plus a margin

Revolving line of credit, expires April 19, 2018

Revolving line of credit, expires April 19, 2018

5.875% Senior Notes, interest payable semi-annually March 15 and September 15

5.875% Senior Notes, interest payable semi-annually March 15 and September 15

5.875% Senior Notes, interest payable semi-annually March 15 and September 15

7.75% Senior Notes, interest payable semi-annually March 15 and September 15, net of discount

7.75% Senior Notes, interest payable semi-annually March 15 and September 15, net of discount

7.75% Senior Notes, interest payable semi-annually March 15 and September 15, net of discount

8.875% Senior Subordinated Notes, interest payable semi-annually June 15 and December 15

8.875% Senior Subordinated Notes, interest payable semi-annually June 15 and December 15

8.875% Senior Subordinated Notes, interest payable semi-annually June 15 and December 15

Other

Other

Maximum

Long-Term Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Variable rate of debt

'

'

'LIBOR and/or prime

'LIBOR and/or prime

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate (as a percent)

'

'

'

'

'

'

5.88%

5.88%

5.88%

7.75%

7.75%

7.75%

8.88%

8.88%

8.88%

'

'

Long-term debt, including current maturities

$1,162,697

$1,156,884

$160,900

$154,900

'

'

$350,000

$350,000

'

$298,365

$298,246

'

$350,000

$350,000

'

$3,432

$3,738

Less current maturities

433

415

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

1,162,264

1,156,469

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity

'

'

'

'

300,000

'

'

'

'

'

'

'

'

'

'

'

'

Capitalized deferred financing costs

'

'

'

'

673

'

'

'

'

'

'

'

'

'

'

'

'

Net line of credit availability limited by our borrowings

'

'

'

'

104,000

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding letters of credit

'

'

'

'

35,400

'

'

'

'

'

'

'

'

'

'

'

'

Commitment fee related to the unused portion (as a percent)

'

'

'

'

'

0.50%

'

'

'

'

'

'

'

'

'

'

'

Weighted average effective interest rate (as a percent)

'

'

'

'

4.26%

'

'

'

'

'

'

'

'

'

'

'

'

Debt issued

'

'

'

'

'

'

'

'

$350,000

'

'

$300,000

'

'

$350,000

'

'

Debt instrument issuance as a percentage of the face amount

'

'

'

'

'

'

'

'

'

'

'

99.26%

'

'

'

'

'

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
Income (loss) applicable to common shares:	'	'	'	'
Income (loss) from continuing operations	$8,037	($4,341)	$3,175	$403
Loss from discontinued operations	'	-2,312	'	-395
Net income (loss)	$8,037	($6,653)	$3,175	$8
Denominator:	'	'	'	'
Denominator for basic earnings (loss) per share - weighted average shares	39,686,217	39,336,134	39,634,573	39,177,208
Effect of dilutive securities Employee stock options (in shares)	44,975	'	48,071	14,867
Denominator for diluted earnings (loss) per share - adjusted weighted average shares and assumed conversions	39,731,192	39,336,134	39,682,644	39,192,075
Basic earnings (loss) per share:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0.20	($0.11)	$0.08	$0.01
Loss from discontinued operations (in dollars per share)	'	($0.06)	'	($0.01)
Net income (loss) (in dollars per share)	$0.20	($0.17)	$0.08	'
Diluted earnings (loss) per share:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0.20	($0.11)	$0.08	$0.01
Loss from discontinued operations (in dollars per share)	'	($0.06)	'	($0.01)
Net income (loss) (in dollars per share)	$0.20	($0.17)	$0.08	'
Anti-dilutive shares excluded from calculation of EPS	753,860	1,009,160	753,860	1,009,160
Potentially dilutive shares excluded from calculation of EPS	'	30,236	'	'
Dilutive restricted stock units (RSUs) excluded from calculation of diluted earnings per share (EPS) (in shares)	1,714,286	1,585,714	1,714,286	1,585,714

Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (USD $)	6 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 27, 2013
RSUs	'
Stock based compensation	'
Maximum number of units for which determination of the ultimate amount to be awarded, will be done based on market performance conditions	1,714,286
Aggregate compensation cost to be recognized over the vesting periods	$4,932
Unrecognized compensation cost	3,029
RSUs | Vesting on April 26, 2015	'
Stock based compensation	'
Vesting rights (as a percent)	50.00%
RSUs | Vesting on April 26, 2016	'
Stock based compensation	'
Vesting rights (as a percent)	50.00%
Restricted Stock	'
Stock based compensation	'
Unrecognized compensation cost	$1,872
Remaining weighted average vesting period of unrecognized compensation cost	'1 year 2 months 12 days
Restricted Stock | Employee	'
Stock based compensation	'
Shares issued during the period	88,094
Weighted average grant-date fair value (in dollars per share)	$7.83
Vesting rights on each anniversary of grant date (as a percent)	33.30%
Estimated forfeiture rate (as a percent)	10.00%
Restricted Stock | Director	'
Stock based compensation	'
Shares issued during the period	148,360
Weighted average grant-date fair value (in dollars per share)	$7.62
Vesting rights on grant date (as a percent)	50.00%
Vesting rights on each anniversary of grant date (as a percent)	50.00%
Estimated forfeiture rate (as a percent)	0.00%

Fair_Value_Details

Fair Value (Details) (Measured at fair value on a recurring basis, Level 3, Interest Rate Hedges, USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
Measured at fair value on a recurring basis | Level 3 | Interest Rate Hedges	'	'	'	'
Changes in Level 3 liabilities	'	'	'	'
Balance at the beginning of the period	($326)	($2,121)	($794)	($2,493)
Realized gain/(losses)	326	413	794	785
Balance at the end of the period	'	($1,708)	'	($1,708)

Fair_Value_Details_2

Fair Value (Details 2) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Apr. 28, 2013
Financial assets:	'	'
Marketable securities	$25,120	$25,520
Restricted cash and investments	9,782	11,417
Financial liabilities:	'	'
Other long-term obligations	22,433	22,514
Transfers between Level 1 and Level 2 inputs for marketable securities	0	'
Transfers between Level 1 and Level 2 inputs for restricted cash and investments	0	'
Level 1	'	'
Financial assets:	'	'
Marketable securities	8,477	9,433
Restricted cash and investments	4,278	3,979
Level 2	'	'
Financial assets:	'	'
Marketable securities	16,643	16,087
Restricted cash and investments	5,504	7,438
Carrying Amount	'	'
Financial assets:	'	'
Cash and cash equivalents	69,958	68,469
Marketable securities	25,120	25,520
Accounts receivable	9,870	11,077
Restricted cash and investments	9,782	11,417
Financial liabilities:	'	'
Other long-term obligations	22,433	22,514
Carrying Amount | Revolving line of credit	'	'
Financial liabilities:	'	'
Long-term debt	160,900	154,900
Carrying Amount | 5.875% Senior notes	'	'
Financial liabilities:	'	'
Long-term debt	350,000	350,000
Carrying Amount | 7.75% Senior notes	'	'
Financial liabilities:	'	'
Long-term debt	298,365	298,246
Carrying Amount | 8.875% Senior Subordinated notes	'	'
Financial liabilities:	'	'
Long-term debt	350,000	350,000
Carrying Amount | Other long-term debt	'	'
Financial liabilities:	'	'
Long-term debt	3,432	3,738
Fair Value	'	'
Financial assets:	'	'
Cash and cash equivalents	69,958	68,469
Marketable securities	25,120	25,520
Accounts receivable	9,870	11,077
Restricted cash and investments	9,782	11,417
Financial liabilities:	'	'
Other long-term obligations	22,433	22,514
Fair Value | Revolving line of credit	'	'
Financial liabilities:	'	'
Long-term debt	157,682	151,802
Fair Value | 5.875% Senior notes	'	'
Financial liabilities:	'	'
Long-term debt	344,750	357,000
Fair Value | 7.75% Senior notes	'	'
Financial liabilities:	'	'
Long-term debt	319,525	327,698
Fair Value | 8.875% Senior Subordinated notes	'	'
Financial liabilities:	'	'
Long-term debt	371,000	381,535
Fair Value | Other long-term debt	'	'
Financial liabilities:	'	'
Long-term debt	$3,432	$3,738

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
Income Taxes	'	'	'	'
Federal taxes at the statutory rate	$3,289	($1,933)	$2,081	$189
State taxes	233	-218	516	29
Permanent differences	277	405	536	661
Tax credits	-263	-355	-525	-710
Other	49	-94	101	20
Valuation allowance	-2,226	1,013	61	-53
Income tax provision (benefit) from continuing operations	$1,359	($1,182)	$2,770	$136

Supplemental_Disclosures_Detai

Supplemental Disclosures (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012
Supplemental Disclosures	'	'
Net cash interest payments	$43,652	$38,059
Net income tax refunds received	97	'
Net income tax payments	'	2,892
Increase (decrease) in accrued purchases of property and equipment in accounts payable	-6,188	3,074
Capitalized interest	$185	$2,105

Consolidating_Condensed_Financ2

Consolidating Condensed Financial Information (Details) (USD $)

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Apr. 28, 2013

Oct. 27, 2013

Apr. 28, 2013

Mar. 31, 2011

Oct. 27, 2013

Apr. 28, 2013

Mar. 31, 2013

Oct. 27, 2013

Apr. 28, 2013

Aug. 31, 2012

In Thousands, unless otherwise specified

Isle of Capri Casinos, Inc. (Parent Obligor)

Isle of Capri Casinos, Inc. (Parent Obligor)

Guarantor Subsidiaries

Guarantor Subsidiaries

Non-Guarantor Subsidiaries

Non-Guarantor Subsidiaries

Consolidating and Eliminating Entries

Consolidating and Eliminating Entries

7.75% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

5.875% Senior Notes

5.875% Senior Notes

5.875% Senior Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

Consolidating condensed financial statements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate (as a percent)

'

'

'

'

'

'

'

'

'

'

7.75%

7.75%

7.75%

5.88%

5.88%

5.88%

8.88%

8.88%

8.88%

Current assets

$137,113

$132,300

$28,940

$19,176

$77,450

$84,251

$35,365

$28,922

($4,642)

($49)

'

'

'

'

'

'

'

'

'

Intercompany receivables

'

'

612,953

626,444

'

'

'

11,803

-612,953

-638,247

'

'

'

'

'

'

'

'

'

Investments in subsidiaries

'

'

663,376

643,257

-29,794

-29,794

'

'

-633,582

-613,463

'

'

'

'

'

'

'

'

'

Property and equipment, net

1,017,472

1,034,026

7,172

7,831

950,881

977,423

59,419

48,772

'

'

'

'

'

'

'

'

'

'

'

Other assets

389,042

387,273

47,041

50,958

316,638

317,800

29,526

23,955

-4,163

-5,440

'

'

'

'

'

'

'

'

'

Total assets

1,543,627

1,553,599

1,359,482

1,347,666

1,315,175

1,349,680

124,310

113,452

-1,255,340

-1,257,199

'

'

'

'

'

'

'

'

'

Current liabilities

145,170

155,799

42,847

43,139

74,655

77,340

32,310

35,368

-4,642

-48

'

'

'

'

'

'

'

'

'

Intercompany payables

'

'

'

'

570,204

613,248

42,749

25,000

-612,953

-638,248

'

'

'

'

'

'

'

'

'

Long-term debt, less current maturities

1,162,264

1,156,469

1,162,025

1,155,939

'

210

239

320

'

'

'

'

'

'

'

'

'

'

'

Other accrued liabilities

87,724

98,921

6,141

6,178

78,279

76,401

7,467

21,782

-4,163

-5,440

'

'

'

'

'

'

'

'

'

Stockholders' equity

148,469

142,410

148,469

142,410

592,037

582,481

41,545

30,982

-633,582

-613,463

'

'

'

'

'

'

'

'

'

Total liabilities and stockholders' equity

$1,543,627

$1,553,599

$1,359,482

$1,347,666

$1,315,175

$1,349,680

$124,310

$113,452

($1,255,340)

($1,257,199)

'

'

'

'

'

'

'

'

'

Consolidating_Condensed_Financ3

Consolidating Condensed Financial Information (Details 2) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012
Revenues:	'	'	'	'
Casino	$257,928	$234,648	$520,070	$484,917
Rooms, food, beverage, pari-mutuel and other	42,441	38,765	86,572	80,201
Gross revenues	300,369	273,413	606,642	565,118
Less promotional allowances	-58,789	-50,206	-117,333	-106,088
Net revenues	241,580	223,207	489,309	459,030
Operating expenses:	'	'	'	'
Casino	41,267	36,802	83,010	75,298
Gaming taxes	65,722	58,619	131,698	120,247
Rooms, food, beverage, pari-mutuel and other	96,502	94,781	197,230	187,474
Litigation accrual reversal	-7,351	'	-7,351	'
Depreciation and amortization	21,102	16,850	41,497	33,672
Total operating expenses	217,242	207,052	446,084	416,691
Operating income	24,338	16,155	43,225	42,339
Interest (expense) income, net	-15,110	-21,854	-37,678	-42,110
Derivative income	168	176	398	310
Income (loss) from continuing operations before income taxes	9,396	-5,523	5,945	539
Income tax (provision) benefit	-1,359	1,182	-2,770	-136
Income (loss) from continuing operations	8,037	-4,341	3,175	403
Income (loss) of discontinued operations	'	-2,312	'	-395
Net income (loss)	8,037	-6,653	3,175	8
Isle of Capri Casinos, Inc. (Parent Obligor)	'	'	'	'
Revenues:	'	'	'	'
Rooms, food, beverage, pari-mutuel and other	176	165	354	341
Management fee revenue	8,232	7,671	16,790	16,108
Gross revenues	8,408	7,836	17,144	16,449
Net revenues	8,408	7,836	17,144	16,449
Operating expenses:	'	'	'	'
Rooms, food, beverage, pari-mutuel and other	8,628	12,265	16,762	21,728
Depreciation and amortization	380	516	782	1,005
Total operating expenses	9,008	12,781	17,544	22,733
Operating income	-600	-4,945	-400	-6,284
Interest (expense) income, net	-11,546	-13,128	-23,308	-24,199
Derivative income	168	176	398	310
Equity in income (loss) of subsidiaries	16,732	8,169	19,987	19,065
Income (loss) from continuing operations before income taxes	4,754	-9,728	-3,323	-11,108
Income tax (provision) benefit	3,283	5,387	6,498	11,511
Income (loss) from continuing operations	8,037	-4,341	3,175	403
Income (loss) of discontinued operations	'	-2,312	'	-395
Net income (loss)	8,037	-6,653	3,175	8
Guarantor Subsidiaries	'	'	'	'
Revenues:	'	'	'	'
Casino	249,471	234,648	509,146	484,917
Rooms, food, beverage, pari-mutuel and other	41,367	38,594	85,000	79,849
Gross revenues	290,838	273,242	594,146	564,766
Less promotional allowances	-56,868	-50,206	-115,225	-106,088
Net revenues	233,970	223,036	478,921	458,678
Operating expenses:	'	'	'	'
Casino	39,412	36,802	80,489	75,298
Gaming taxes	62,454	58,619	127,213	120,247
Rooms, food, beverage, pari-mutuel and other	85,467	84,004	174,332	168,230
Management fee expense	8,024	7,671	16,582	16,108
Depreciation and amortization	19,052	16,229	38,487	32,424
Total operating expenses	214,409	203,325	437,103	412,307
Operating income	19,561	19,711	41,818	46,371
Interest (expense) income, net	-10,069	-8,488	-20,176	-17,459
Income (loss) from continuing operations before income taxes	9,492	11,223	21,642	28,912
Income tax (provision) benefit	-5,707	-3,791	-12,217	-10,983
Income (loss) from continuing operations	3,785	7,432	9,425	17,929
Income (loss) of discontinued operations	'	-2,609	'	-1,317
Net income (loss)	3,785	4,823	9,425	16,612
Non-Guarantor Subsidiaries	'	'	'	'
Revenues:	'	'	'	'
Casino	8,457	'	10,924	'
Rooms, food, beverage, pari-mutuel and other	3,217	2,260	5,885	4,711
Gross revenues	11,674	2,260	16,809	4,711
Less promotional allowances	-1,921	'	-2,108	'
Net revenues	9,753	2,260	14,701	4,711
Operating expenses:	'	'	'	'
Casino	1,855	'	2,521	'
Gaming taxes	3,268	'	4,485	'
Rooms, food, beverage, pari-mutuel and other	4,726	766	10,803	2,216
Litigation accrual reversal	-7,351	'	-7,351	'
Management fee expense	208	'	208	'
Depreciation and amortization	1,670	105	2,228	243
Total operating expenses	4,376	871	12,894	2,459
Operating income	5,377	1,389	1,807	2,252
Interest (expense) income, net	6,505	-238	5,806	-452
Income (loss) from continuing operations before income taxes	11,882	1,151	7,613	1,800
Income tax (provision) benefit	1,065	-414	2,949	-664
Income (loss) from continuing operations	12,947	737	10,562	1,136
Net income (loss)	12,947	737	10,562	1,136
Consolidating and Eliminating Entries	'	'	'	'
Revenues:	'	'	'	'
Rooms, food, beverage, pari-mutuel and other	-2,319	-2,254	-4,667	-4,700
Management fee revenue	-8,232	-7,671	-16,790	-16,108
Gross revenues	-10,551	-9,925	-21,457	-20,808
Net revenues	-10,551	-9,925	-21,457	-20,808
Operating expenses:	'	'	'	'
Rooms, food, beverage, pari-mutuel and other	-2,319	-2,254	-4,667	-4,700
Management fee expense	-8,232	-7,671	-16,790	-16,108
Total operating expenses	-10,551	-9,925	-21,457	-20,808
Equity in income (loss) of subsidiaries	-16,732	-8,169	-19,987	-19,065
Income (loss) from continuing operations before income taxes	-16,732	-8,169	-19,987	-19,065
Income (loss) from continuing operations	-16,732	-8,169	-19,987	-19,065
Income (loss) of discontinued operations	'	2,609	'	1,317
Net income (loss)	($16,732)	($5,560)	($19,987)	($17,748)

Consolidating_Condensed_Financ4

Consolidating Condensed Financial Information (Details 3) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	$32,339	$56,526
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-29,570	-89,519
Payments towards gaming license	-7,500	-5,000
Restricted cash and investments	1,198	-512
Net cash used in investing activities	-35,872	-95,031
Financing Activities:	'	'
Principal payments on debt	-305	-10,067
Net borrowings (repayments) on line of credit	6,000	38,000
Payments of deferred financing costs	-673	-8,410
Net cash provided by financing activities	5,022	19,523
Net increase (decrease) in cash and cash equivalents	1,489	-18,982
Cash and cash equivalents, beginning of period	68,469	94,461
Cash and cash equivalents, end of the period	69,958	75,479
Isle of Capri Casinos, Inc. (Parent Obligor)	'	'
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	-20,158	-16,621
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-169	-458
Parent company investment in subsidiaries	13,491	-34,770
Net cash used in investing activities	13,322	-35,228
Financing Activities:	'	'
Principal payments on debt	-30	-9,775
Net borrowings (repayments) on line of credit	6,000	38,000
Payments of deferred financing costs	-673	-8,410
Net cash provided by financing activities	5,297	19,815
Net increase (decrease) in cash and cash equivalents	-1,539	-32,034
Cash and cash equivalents, beginning of period	6,914	39,365
Cash and cash equivalents, end of the period	5,375	7,331
Guarantor Subsidiaries	'	'
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	52,680	65,922
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-12,649	-88,639
Restricted cash and investments	'	208
Net cash used in investing activities	-12,649	-88,431
Financing Activities:	'	'
Principal payments on debt	-200	-223
Net proceeds from (payments to) related parties	-43,043	34,005
Net cash provided by financing activities	-43,243	33,782
Net increase (decrease) in cash and cash equivalents	-3,212	11,273
Cash and cash equivalents, beginning of period	57,268	50,749
Cash and cash equivalents, end of the period	54,056	62,022
Non-Guarantor Subsidiaries	'	'
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	-183	7,225
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-16,752	-422
Payments towards gaming license	-7,500	-5,000
Restricted cash and investments	1,198	-720
Net cash used in investing activities	-23,054	-6,142
Financing Activities:	'	'
Principal payments on debt	-75	-69
Net proceeds from (payments to) related parties	29,552	765
Net cash provided by financing activities	29,477	696
Net increase (decrease) in cash and cash equivalents	6,240	1,779
Cash and cash equivalents, beginning of period	4,287	4,347
Cash and cash equivalents, end of the period	10,527	6,126
Consolidating and Eliminating Entries	'	'
Investing Activities:	'	'
Parent company investment in subsidiaries	-13,491	34,770
Net cash used in investing activities	-13,491	34,770
Financing Activities:	'	'
Net proceeds from (payments to) related parties	13,491	-34,770
Net cash provided by financing activities	$13,491	($34,770)

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended		6 Months Ended		1 Months Ended	3 Months Ended	1 Months Ended	0 Months Ended	1 Months Ended
In Thousands, unless otherwise specified	Oct. 27, 2013	Oct. 28, 2012	Oct. 27, 2013	Oct. 28, 2012	Sep. 30, 2011	Oct. 27, 2013	Oct. 27, 2013	Feb. 01, 2013	Sep. 30, 2013
					Isle of Capri Casinos, Inc. and Riverboat Corporation of Mississippi - Vicksburg vs. Silver Land, Inc.	Lady Luck Gaming Corporation and several joint venture partners vs. country of Greece	Sach Electric Company vs. IOC-Cape Girardeau, LLC and other defendants	Tower JV	Action in violations of tipping and tip-credit practices for certain employees
							item	item	item
Commitments and Contingencies	'	'	'	'	'	'	'	'	'
Litigation accrual reversal	'	'	$14,730	'	'	$14,730	'	'	'
Operating expense	-217,242	-207,052	-446,084	-416,691	'	7,351	'	'	'
Interest expense	-15,194	-21,985	-37,852	-42,416	'	7,379	'	'	'
Amount of damages awarded by the court	'	'	'	'	2,000	'	'	'	'
Number of defendants	'	'	'	'	'	'	2	'	'
Amount of damages sought	'	'	'	'	'	'	4,600	'	'
Number of collective actions	'	'	'	'	'	'	'	'	2
Number of matters resulting from combination of collective actions	'	'	'	'	'	'	'	'	1
Number of applicants for the final gaming license in Philadelphia	'	'	'	'	'	'	'	5	'
Amount loaned in the form of stand-by letter of credit	'	'	'	'	'	'	'	$25,000	'

Subsequent_Event_Details

Subsequent Event (Details) (USD $)	Oct. 27, 2013	Apr. 28, 2013	Dec. 04, 2013	Oct. 27, 2013
In Thousands, unless otherwise specified			Agreement for sale of assets and transfer of certain liabilities	Agreement for sale of assets and transfer of certain liabilities
			Rhythm City Casino located in Davenport, Iowa	Rhythm City Casino located in Davenport, Iowa
Subsequent event	'	'	'	'
Consideration to be received under the agreement	'	'	$51,000	'
Current Assets	'	'	'	2,500
Property and equipment	'	'	'	11,300
Current liabilities assumed	'	'	'	1,000
Goodwill	$280,803	$280,803	'	$38,000