Isle of Capri Casinos 10-Q 29 Aug 14 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jul. 27, 2014	Aug. 26, 2014	Apr. 27, 2014
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-Jul-14	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--04-26	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	39,909,916	'
Treasury stock, shares	2,243,789	2,156,232	2,236,971
Document Fiscal Year Focus	'2015	'	'
Document Fiscal Period Focus	'Q1	'	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 27, 2014	Apr. 27, 2014
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$68,330	$69,830
Marketable securities	27,566	27,289
Accounts receivable, net	10,806	12,615
Income taxes receivable	243	73
Deferred income taxes	4,106	4,106
Prepaid expenses and other assets	28,535	18,526
Total current assets	139,586	132,439
Property and equipment, net	946,193	955,604
Other assets:	'	'
Goodwill	108,970	108,970
Other intangible assets, net	54,701	54,911
Deferred financing costs, net	22,320	23,439
Restricted cash and investments	9,125	9,807
Prepaid deposits and other	4,865	4,904
Total assets	1,285,760	1,290,074
Current liabilities:	'	'
Current maturities of long-term debt	231	230
Accounts payable	19,196	20,869
Accrued liabilities:	'	'
Payroll and related	35,384	34,700
Property and other taxes	22,274	20,360
Interest	20,020	16,920
Progressive jackpots and slot club awards	16,526	16,306
Other	19,746	18,478
Total current liabilities	133,377	127,863
Long-term debt, less current maturities	1,056,377	1,066,071
Deferred income taxes	36,852	35,870
Other accrued liabilities	18,575	18,495
Other long-term liabilities	22,629	22,391
Stockholders' equity:	'	'
Preferred stock, $.01 par value; 2,000,000 shares authorized; none issued	'	'
Additional paid-in capital	248,785	247,819
Retained earnings (deficit)	-204,230	-201,913
Total stockholders' equity before treasury stock	44,976	46,327
Treasury stock, 2,243,789 shares at July 27, 2014 and 2,236,971 at April 27, 2014	-27,026	-26,943
Total stockholders' equity	17,950	19,384
Total liabilities and stockholders' equity	1,285,760	1,290,074
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 $)	Jul. 27, 2014	Apr. 27, 2014
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	2,243,789	2,236,971
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
In Thousands, except Share data, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Revenues:	'	'
Casino	$255,072	$250,834
Rooms	8,312	8,915
Food, beverage, pari-mutuel and other	34,123	34,122
Gross revenues	297,507	293,871
Less promotional allowances	-55,858	-55,858
Net revenues	241,649	238,013
Operating expenses:	'	'
Casino	40,128	40,268
Gaming taxes	64,467	62,678
Rooms	1,903	1,901
Food, beverage, pari-mutuel and other	11,372	10,802
Marine and facilities	14,719	14,619
Marketing and administrative	60,361	59,250
Corporate and development	9,148	6,698
Preopening expense	'	3,898
Depreciation and amortization	19,643	19,802
Total operating expenses	221,741	219,916
Operating income	19,908	18,097
Interest expense	-21,329	-22,654
Interest income	87	90
Derivative income	'	230
Loss from continuing operations before income taxes	-1,334	-4,237
Income tax provision	-983	-1,411
Loss from continuing operations	-2,317	-5,648
Income from discontinued operations, net of income tax provision of $- for the three months ended July 28, 2013	'	786
Net loss	($2,317)	($4,862)
Income (loss) per common share-basic and dilutive:	'	'
Loss from continuing operations (in dollars per share)	($0.06)	($0.14)
Income from discontinued operations, net of income taxes (in dollars per share)	'	$0.02
Net loss (in dollars per share)	($0.06)	($0.12)
Weighted average basic shares (in shares)	39,827,889	39,582,928
Weighted average diluted shares (in shares)	39,827,889	39,582,928

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 28, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS	'
Income from discontinued operations, income tax provision	$0

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'
Net loss	($2,317)	($4,862)
Other comprehensive income, net of tax:	'	'
Deferred hedge adjustment, net of income tax provision of $90 for the three months ended July 28, 2013	'	148
Comprehensive loss	($2,317)	($4,714)

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 28, 2013
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'
Deferred hedge adjustment, income tax provision	$90

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Deficit)	Treasury Stock
In Thousands, except Share data, unless otherwise specified
Balance at Apr. 27, 2014	$19,384	$421	$247,819	($201,913)	($26,943)
Balance (in shares) at Apr. 27, 2014	'	42,066,148	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'
Net loss	-2,317	'	'	-2,317	'
Issuance of restricted stock from treasury stock, net of forfeitures	'	'	83	'	-83
Stock compensation expense	883	'	883	'	'
Balance at Jul. 27, 2014	$17,950	$421	$248,785	($204,230)	($27,026)
Balance (in shares) at Jul. 27, 2014	'	42,066,148	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Operating activities:	'	'
Net loss	($2,317)	($4,862)
Adjustments to reconcile net loss to net cash provided by operating activities:	'	'
Depreciation and amortization	19,643	20,395
Amortization and write-off of deferred financing costs	1,119	1,105
Amortization of debt discount	63	59
Deferred income taxes	982	662
Stock compensation expense	883	1,134
Gain on derivative instruments	'	-230
Loss (gain) on disposal of assets	30	-1,027
Changes in operating assets and liabilities:	'	'
Marketable securities	-277	-1,800
Accounts receivable	1,809	390
Income tax receivable	-170	526
Prepaid expenses and other assets	-9,880	-9,758
Accounts payable and accrued liabilities	4,736	4,289
Net cash provided by operating activities	16,621	10,883
Investing activities:	'	'
Purchase of property and equipment	-8,979	-22,271
Proceeds from sale of property and equipment	22	1,145
Payments towards gaming license	'	-7,500
Restricted cash and investments	592	1,846
Net cash used in investing activities	-8,365	-26,780
Financing activities:	'	'
Principal payments on debt	-56	-253
Net (repayments) borrowings on line of credit	-9,700	14,900
Payment of deferred financing costs	'	-659
Net cash (used in) provided by financing activities	-9,756	13,988
Net decrease in cash and cash equivalents	-1,500	-1,909
Cash and cash equivalents, beginning of period	69,830	68,469
Cash and cash equivalents, end of the period	$68,330	$66,560

Nature_of_Operations

Nature of Operations	3 Months Ended
	Jul. 27, 2014
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 fifteen casino gaming facilities in the United States located in Black Hawk, Colorado; Pompano Beach, Florida; Bettendorf, 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	3 Months Ended
	Jul. 27, 2014
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 27, 2014 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 2015 and 2014 are both 52-week years, which commenced on April 28, 2014 and April 29, 2013, 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.
	Discontinued operations include our former Davenport, Iowa casino operations sold in February 2014.  The results of our discontinued operations for the three months ended July 28, 2013 are summarized as follows:
	Net revenues	$	9,716
	Pretax income from discontinued operations	786
	Income tax provision from discontinued operations	—
	Income from discontinued operations	786

LongTerm_Debt

Long-Term Debt	3 Months Ended
	Jul. 27, 2014
Long-Term Debt	'
Long-Term Debt	'
	3.  Long-Term Debt
	Long-term debt consists of the following:
		July 27,		April 27,
		2014		2014
	Senior Secured Credit Facility:
	Revolving line of credit, expires April 19, 2018, interest payable at least quarterly at either LIBOR and/or prime plus a margin	$	55,000	$	64,700
	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	298,551		298,488
	8.875% Senior Subordinated Notes, interest payable Semi-annually June 15 and December 15	350,000		350,000
	Other	3,057		3,113
		1,056,608		1,066,301
	Less current maturities	231		230
	Long-term debt	$	1,056,377	$	1,066,071
	Senior SecuredCredit Facility—Our Senior Secured Credit Facility as amended and restated (“Credit Facility”) 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 guaranteed by substantially all of our significant subsidiaries.
	Our net revolving line of credit availability at July 27, 2014, as limited by our maximum consolidated total leverage ratio, was approximately $125,000, after consideration of approximately $33,000 in outstanding letters of credit. We have an annual commitment fee related to the unused portion of the Credit Facility of up to 0.55% 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 three months ended July 27, 2014 was 3.66%.
	The Credit Facility includes a number of affirmative and negative covenants. Additionally, we must comply with 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 July 27, 2014.
	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 issued $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 9. 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	3 Months Ended
	Jul. 27, 2014
Earnings Per Share	'
Earnings Per Share	'
	4.  Earnings Per Share
	The following table sets forth the computation of basic and diluted income (loss) per share:
		Three Months Ended
		July 27,			July 28,
		2014			2013
	Numerator:
	Income (loss) applicable to common shares:
	Loss from continuing operations	$	(2,317	)	$	(5,648	)
	Income from discontinued operations	—			786
	Net loss	$	(2,317	)	$	(4,862	)
	Denominator:
	Denominator for basic earnings (loss) per share - weighted average shares	39,827,889			39,582,928
	Effect of dilutive securities
	Employee stock options	—			—
	Denominator for diluted earnings (loss) per share - adjusted weighted average shares and assumed conversions	39,827,889			39,582,928
	Basic and Diluted earnings (loss) per share:
	Loss from continuing operations	$	(0.06	)	$	(0.14	)
	Income from discontinued operations	—			0.02
	Net loss	$	(0.06	)	$	(0.12	)
	Due to the loss from continuing operations, stock options representing 44,418 shares, which are potentially dilutive, and 746,110 shares, which were anti-dilutive, were excluded from the calculation of common shares for diluted earnings per share for the three months ended July 27, 2014. Due to the loss from continuing operations, stock options representing 66,145 shares, which are potentially dilutive, and 961,710 shares, which were anti-dilutive, were excluded from the calculation of common shares for diluted earnings per share for the three months ended July 28, 2013. As the minimum market performance conditions related to our restricted stock units have not been achieved as of July 27, 2014 or July 28, 2013, 1,656,943 and 1,714,286 units have been excluded from the calculation of diluted earnings per share for the respective periods.

Stock_Based_Compensation

Stock Based Compensation	3 Months Ended
	Jul. 27, 2014
Stock Based Compensation	'
Stock Based Compensation	'
	5.  Stock Based Compensation
	Under our 2009 Long Term 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 1,656,943 shares.  Any RSUs earned will vest 50% on April 26, 2015 and 50% on April 26, 2016.  The fair value of these RSUs was determined utilizing a lattice pricing model which considered a range of assumptions including volatility and risk-free interest rates.  The aggregate compensation cost related to these RSUs is $4,405 to be recognized over the vesting periods. As of July 27, 2014, our unrecognized compensation cost for these RSUs was $1,609.
	Restricted Stock — Restricted stock awards are made to employees and directors under annual long-term incentive grants which primarily vest one-third on each anniversary of the grant date. Our aggregate estimate of forfeitures for restricted stock for employees and directors is 15% and 0%, respectively. As of July 27, 2014, our unrecognized compensation cost for unvested restricted stock was $679 with a remaining weighted average vesting period of 0.92 years.  Subsequent to quarter end, on July 31, 2014, we issued 107,214 shares of restricted stock with a weighted average grant-date fair value of $7.92 to employees.

Fair_Value

Fair Value	3 Months Ended
	Jul. 27, 2014
Fair Value	'
Fair Value	'
	6.  Fair Value
	Items Measured at Fair Value on a Recurring Basis—The following table sets forth the assets measured at fair value on a recurring basis, by input level, in the consolidated balance sheets at July 27, 2014 and April 27, 2014:
		July 27, 2014
		Level 1		Level 2		Total
	Assets:
	Marketable securities	$	9,657	$	17,909	$	27,566
	Restricted cash and investments	4,392		4,733		9,125
		April 27, 2014
		Level 1		Level 2		Total
	Assets:
	Marketable securities	$	10,074	$	17,215	$	27,289
	Restricted cash and investments	4,459		5,348		9,807
	Marketable securities—The estimated fair values of our marketable securities are determined on an individual asset basis based upon quoted prices of identical assets available in active markets (Level 1), quoted prices of identical assets in inactive markets, or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold these marketable securities.
	Restricted cash and investments—The estimated fair values of our restricted cash and investments are based upon quoted prices available in active markets (Level 1), or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold our restricted cash and investments.
	Other Financial Instruments - The estimated carrying amounts and fair values of our other financial instruments are as follows:
		July 27, 2014				April 27, 2014
		Carrying				Carrying
		Amount		Fair Value		Amount		Fair Value
	Financial liabilities:
	Revolving line of credit	$	55,000	$	53,350	$	64,700	$	63,083
	5.875% Senior notes	350,000		364,000		350,000		351,750
	7.75% Senior notes	298,551		316,839		298,488		318,576
	8.875% Senior subordinated notes	350,000		379,750		350,000		373,520
	Other long-term debt	3,057		3,057		3,113		3,113
	Other long-term obligations	22,629		22,629		22,391		22,391
	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	3 Months Ended
	Jul. 27, 2014
Income Taxes	'
Income Taxes	'
	7.  Income Taxes
	Income tax expense of $983 and $1,411 was recognized from continuing operations during the three months ended July 27, 2014 and July 28, 2013, respectively.  We recorded a valuation allowance against the tax benefit recognized during the three months ended July 27, 2014, as we do not currently expect to be able to utilize our interim period tax benefit.  Our income tax provision consists of changes in the deferred tax liability attributable to indefinite lived intangibles and expense for state jurisdictions where taxable income is generated without net operating loss carryforwards available.
	A summary of our effective income tax rate is as follows:
		Three Months Ended
		July 27,			July 28,
		2014			2013
	Federal taxes at the statutory rate	$	(467	)	$	(1,208	)
	State taxes	(340		)	283
	Permanent differences	540			259
	Tax credits	(112		)	(262		)
	Other	—			52
	Valuation allowance	1,362			2,287
	Income tax provision	$	983		$	1,411
	As of July 27, 2014, we have a full valuation allowance on our federal and state deferred tax assets and have concluded that the valuation allowance was still needed due to our history of cumulative losses.  During fiscal 2014, our Florida operations experienced their second consecutive year of substantive pretax income.  We continue to evaluate our cumulative income position and income trend, as well as our future projections of sustained profitability for our Florida operations. We will continue to evaluate whether this profitability trend constitutes sufficient positive evidence to support a full, or partial, reversal of our Florida state valuation allowance of approximately $3,300.

Supplemental_Disclosures

Supplemental Disclosures	3 Months Ended
	Jul. 27, 2014
Supplemental Disclosures	'
Supplemental Disclosures	'
	8.  Supplemental Disclosures
	Cash Flow — For the three months ended July 27, 2014 and July 28, 2013, we made net cash interest payments of $15,887 and $18,253, respectively. Additionally, we made income tax payments of $171 and $106 during the three months ended July 27, 2014 and July 28, 2013, respectively.
	The change in accrued purchases of property and equipment in accounts payable was an increase of $1,096 and a decrease of $2,590, for the three months ended July 27, 2014 and July 28, 2013, respectively.

Consolidating_Condensed_Financ

Consolidating Condensed Financial Information	3 Months Ended
	Jul. 27, 2014
Consolidating Condensed Financial Information	'
Consolidating Condensed Financial Information	'
	9.  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 fiscal 2014, the IOC-PA, L.L.C. subsidiary changed designations from a Guarantor Subsidiary to a Non-Guarantor Subsidiary. All periods presented below reflect the operations of IOC-PA, L.L.C as a Non-Guarantor Subsidiary.
	Consolidating condensed balance sheets as of July 27, 2014 and April 27, 2014 are as follows:
		As of July 27, 2014
		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	$	31,018		$	79,733		$	35,638		$	(6,803	)	$	139,586
	Intercompany receivables	499,928			—			1,288			(501,216		)	—
	Investments in subsidiaries	546,040			3,358			—			(549,398		)	—
	Property and equipment, net	7,115			898,570			40,508			—			946,193
	Other assets	33,852			150,795			19,554			(4,220		)	199,981
	Total assets	$	1,117,953		$	1,132,456		$	96,988		$	(1,061,637	)	$	1,285,760
	Current liabilities	$	37,103		$	69,577		$	33,500		$	(6,803	)	$	133,377
	Intercompany payables	—			476,216			25,000			(501,216		)	—
	Long-term debt, less current maturities	1,056,259			—			118			—			1,056,377
	Other accrued liabilities	6,641			68,299			7,336			(4,220		)	78,056
	Stockholders’ equity	17,950			518,364			31,034			(549,398		)	17,950
	Total liabilities and stockholders’ equity	$	1,117,953		$	1,132,456		$	96,988		$	(1,061,637	)	$	1,285,760
		As of April 27, 2014
		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	$	16,131		$	80,918		$	35,589		$	(199	)	$	132,439
	Intercompany receivables	530,886			—			—			(530,886		)	—
	Investments in subsidiaries	535,662			3,358			—			(539,020		)	—
	Property and equipment, net	6,693			907,175			41,736			—			955,604
	Other assets	35,837			151,044			20,236			(5,086		)	202,031
	Total assets	$	1,125,209		$	1,142,495		$	97,561		$	(1,075,191	)	$	1,290,074
	Current liabilities	$	33,447		$	67,899		$	26,716		$	(199	)	$	127,863
	Intercompany payables	—			495,416			35,470			(530,886		)	—
	Long-term debt, less current maturities	1,065,913			—			158			—			1,066,071
	Other accrued liabilities	6,465			68,002			7,375			(5,086		)	76,756
	Stockholders’ equity	19,384			511,178			27,842			(539,020		)	19,384
	Total liabilities and stockholders’ equity	$	1,125,209		$	1,142,495		$	97,561		$	(1,075,191	)	$	1,290,074
	Consolidating condensed statements of operations for the three months ended July 27, 2014 and July 28, 2013 are as follows:
		For the Three Months Ended July 27, 2014
		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	$	—		$	244,873		$	10,199		$	—		$	255,072
	Rooms, food, beverage, pari-mutuel and other	41			41,441			3,257			(2,304		)	42,435
	Management fee revenue	8,466			—			—			(8,466		)	—
	Gross revenues	8,507			286,314			13,456			(10,770		)	297,507
	Less promotional allowances	—			(53,368		)	(2,490		)	—			(55,858		)
	Net revenues	8,507			232,946			10,966			(10,770		)	241,649
	Operating expenses:
	Casino	—			38,612			1,516			—			40,128
	Gaming taxes	—			60,533			3,934			—			64,467
	Rooms, food, beverage, pari-mutuel and other	9,409			84,733			5,665			(2,304		)	97,503
	Management fee expense	—			8,166			300			(8,466		)	—
	Depreciation and amortization	468			17,817			1,358			—			19,643
	Total operating expenses	9,877			209,861			12,773			(10,770		)	221,741
	Operating income (loss)	(1,370		)	23,085			(1,807		)	—			19,908
Interest expense, net	(11,183		)	(9,521		)	(538		)	—			(21,242		)
Derivative income	—			—			—			—			—
Equity in income (loss) of subsidiaries	5,809			—			—			(5,809		)	—
Income (loss) from continuing operations before income taxes and noncontolling interest	(6,744		)	13,564			(2,345		)	(5,809		)	(1,334		)
Income tax (provision) benefit	4,427			(6,433		)	1,023			—			(983		)
Income (loss) from continuining operations	(2,317		)	7,131			(1,322		)	(5,809		)	(2,317		)
Income (loss) of discontinued operations	—			—			—			—			—
Net income (loss)	$	(2,317	)	$	7,131		$	(1,322	)	$	(5,809	)	$	(2,317	)
	For the Three Months Ended July 28, 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	$	—		$	248,367		$	2,467		$	—		$	250,834
Rooms, food, beverage, pari-mutuel and other	179			42,539			2,668			(2,349		)	43,037
Management fee revenue	8,238			—			—			(8,238		)	—
Gross revenues	8,417			290,906			5,135			(10,587		)	293,871
Less promotional allowances	—			(55,671		)	(187		)	—			(55,858		)
Net revenues	8,417			235,235			4,948			(10,587		)	238,013
Operating expenses:
Casino	—			39,602			666			—			40,268
Gaming taxes	—			61,461			1,217			—			62,678
Rooms, food, beverage, pari-mutuel and other	8,133			85,307			6,077			(2,349		)	97,168
Management fee expense	—			8,238			—			(8,238		)	—
Depreciation and amortization	403			18,842			557			—			19,802
Total operating expenses	8,536			213,450			8,517			(10,587		)	219,916
Operating income (loss)	(119		)	21,785			(3,569		)	—			18,097
Interest expense, net	(11,762		)	(10,103		)	(699		)	—			(22,564		)
Derivative income	230			—			—			—			230
Equity in income (loss) of subsidiaries	2,787			—			—			(2,787		)	—
Income (loss) from continuing operations before income taxes and noncontolling interest	(8,864		)	11,682			(4,268		)	(2,787		)	(4,237		)
Income tax (provision) benefit	3,216			(6,511		)	1,884			—			(1,411		)
Income (loss) from continuining operations	(5,648		)	5,171			(2,384		)	(2,787		)	(5,648		)
Income (loss) of discontinued operations	786			467			—			(467		)	786
Net income (loss)	$	(4,862	)	$	5,638		$	(2,384	)	$	(3,254	)	$	(4,862	)
Consolidating condensed statements of cash flows for the three months ended July 27, 2014 and July 28, 2013 are as follows:
	Three Months Ended July 27, 2014
	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	$	(16,629	)	$	26,651		$	6,599		$	—		$	16,621
Investing Activities:
Purchases of property and equipment, net of proceeds	(689		)	(8,131		)	(137		)	—			(8,957		)
Restricted cash and investments	—			—			592			—			592
Parent company investment in subsidiaries	26,443			—			—			(26,443		)	—
Net cash provided by (used in) investing activities	25,754			(8,131		)	455			(26,443		)	(8,365		)
Financing Activities:
Principal payments on debt	(16		)	—			(40		)	—			(56		)
Net repayments on line of credit	(9,700		)	—			—			—			(9,700		)
Net proceeds from (payments to) related parties	—			(19,201		)	(7,242		)	26,443			—
Net cash provided by (used in) financing activities	(9,716		)	(19,201		)	(7,282		)	26,443			(9,756		)
Net decrease in cash and cash equivalents	(591		)	(681		)	(228		)	—			(1,500		)
Cash and cash equivalents at beginning of period	6,051			53,787			9,992			—			69,830
Cash and cash equivalents at end of the period	$	5,460		$	53,106		$	9,764		—			$	68,330
	Three Months Ended July 28, 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	$	(14,815	)	$	25,320		$	378		$	—		$	10,883
Investing Activities:
Purchases of property and equipment, net of proceeds	72			(9,500		)	(11,698		)	—			(21,126		)
Purchases towards gaming license	—			—			(7,500		)	—			(7,500		)
Restricted cash and investments	—			—			1,846			—			1,846
Parent company investment in subsidiaries	(1,315		)	—			—			1,315			—
Net cash provided by (used in) investing activities	(1,243		)	(9,500		)	(17,352		)	1,315			(26,780		)
Financing Activities:
Principal payments on debt	(16		)	(200		)	(37		)	—			(253		)
Net borrowings on line of credit	14,900			—			—			—			14,900
Payments of deferred financing costs	(659		)	—			—			—			(659		)
Net proceeds from (payments to) related parties	—			(16,730		)	18,045			(1,315		)	—
Net cash provided by (used in) financing activities	14,225			(16,930		)	18,008			(1,315		)	13,988
Net (decrease) increase in cash and cash equivalents	(1,833		)	(1,110		)	1,034			—			(1,909		)
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	$	5,081		$	56,158		$	5,321		$	—		$	66,560

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Jul. 27, 2014
Commitments and Contingencies	'
Commitments and Contingencies	'
	10.  Commitments and Contingencies
	Legal and Regulatory Proceedings— In October 2012, we opened our new casino in Cape Girardeau, Missouri. A subcontractor 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 refused to do so and asserted that a portion of the subcontractor’s claim resulted 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 various contract and equitable claims and are seeking damages of approximately $4,600. In August 2014, we filed a cross claim against the general contractor alleging breach of contract and various indemnity claims. 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.
	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 Tower JV is one of four applicants for the final gaming license in Philadelphia. As part of our agreement with the Tower JV, we committed to loan $25 million to the Tower JV for the purpose of securing the Pennsylvania gaming license fee relating to the project.  The commitment for the loan is secured by a stand by letter of credit, which 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 million loan into a minority investment in the Tower JV.

Basis_of_Presentation_Tables

Basis of Presentation (Tables)	3 Months Ended
	Jul. 27, 2014
Basis of Presentation	'
Schedule of results of discontinued operations	'
	The results of our discontinued operations for the three months ended July 28, 2013 are summarized as follows:
	Net revenues	$	9,716
	Pretax income from discontinued operations	786
	Income tax provision from discontinued operations	—
	Income from discontinued operations	786

LongTerm_Debt_Tables

Long-Term Debt (Tables)	3 Months Ended
	Jul. 27, 2014
Long-Term Debt	'
Schedule of long-term debt	'
		July 27,		April 27,
		2014		2014
	Senior Secured Credit Facility:
	Revolving line of credit, expires April 19, 2018, interest payable at least quarterly at either LIBOR and/or prime plus a margin	$	55,000	$	64,700
	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	298,551		298,488
	8.875% Senior Subordinated Notes, interest payable Semi-annually June 15 and December 15	350,000		350,000
	Other	3,057		3,113
		1,056,608		1,066,301
	Less current maturities	231		230
	Long-term debt	$	1,056,377	$	1,066,071

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Jul. 27, 2014
Earnings Per Share	'
Schedule of computation of basic and diluted income (loss) per share	'
		Three Months Ended
		July 27,			July 28,
		2014			2013
	Numerator:
	Income (loss) applicable to common shares:
	Loss from continuing operations	$	(2,317	)	$	(5,648	)
	Income from discontinued operations	—			786
	Net loss	$	(2,317	)	$	(4,862	)
	Denominator:
	Denominator for basic earnings (loss) per share - weighted average shares	39,827,889			39,582,928
	Effect of dilutive securities
	Employee stock options	—			—
	Denominator for diluted earnings (loss) per share - adjusted weighted average shares and assumed conversions	39,827,889			39,582,928
	Basic and Diluted earnings (loss) per share:
	Loss from continuing operations	$	(0.06	)	$	(0.14	)
	Income from discontinued operations	—			0.02
	Net loss	$	(0.06	)	$	(0.12	)

Fair_Value_Tables

Fair Value (Tables)	3 Months Ended
	Jul. 27, 2014
Fair Value	'
Schedule of assets measured at fair value on a recurring basis	'
		July 27, 2014
		Level 1		Level 2		Total
	Assets:
	Marketable securities	$	9,657	$	17,909	$	27,566
	Restricted cash and investments	4,392		4,733		9,125
		April 27, 2014
		Level 1		Level 2		Total
	Assets:
	Marketable securities	$	10,074	$	17,215	$	27,289
	Restricted cash and investments	4,459		5,348		9,807
Schedule of estimated carrying amounts and fair values of other financial instruments	'
		July 27, 2014				April 27, 2014
		Carrying				Carrying
		Amount		Fair Value		Amount		Fair Value
	Financial liabilities:
	Revolving line of credit	$	55,000	$	53,350	$	64,700	$	63,083
	5.875% Senior notes	350,000		364,000		350,000		351,750
	7.75% Senior notes	298,551		316,839		298,488		318,576
	8.875% Senior subordinated notes	350,000		379,750		350,000		373,520
	Other long-term debt	3,057		3,057		3,113		3,113
	Other long-term obligations	22,629		22,629		22,391		22,391

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
	Jul. 27, 2014
Income Taxes	'
Summary of entity's effective income tax rate	'
		Three Months Ended
		July 27,			July 28,
		2014			2013
	Federal taxes at the statutory rate	$	(467	)	$	(1,208	)
	State taxes	(340		)	283
	Permanent differences	540			259
	Tax credits	(112		)	(262		)
	Other	—			52
	Valuation allowance	1,362			2,287
	Income tax provision	$	983		$	1,411

Consolidating_Condensed_Financ1

Consolidating Condensed Financial Information (Tables)	3 Months Ended
	Jul. 27, 2014
Consolidating Condensed Financial Information	'
Schedule of consolidating condensed balance sheets	'
		As of July 27, 2014
		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	$	31,018		$	79,733		$	35,638		$	(6,803	)	$	139,586
	Intercompany receivables	499,928			—			1,288			(501,216		)	—
	Investments in subsidiaries	546,040			3,358			—			(549,398		)	—
	Property and equipment, net	7,115			898,570			40,508			—			946,193
	Other assets	33,852			150,795			19,554			(4,220		)	199,981
	Total assets	$	1,117,953		$	1,132,456		$	96,988		$	(1,061,637	)	$	1,285,760
	Current liabilities	$	37,103		$	69,577		$	33,500		$	(6,803	)	$	133,377
	Intercompany payables	—			476,216			25,000			(501,216		)	—
	Long-term debt, less current maturities	1,056,259			—			118			—			1,056,377
	Other accrued liabilities	6,641			68,299			7,336			(4,220		)	78,056
	Stockholders’ equity	17,950			518,364			31,034			(549,398		)	17,950
	Total liabilities and stockholders’ equity	$	1,117,953		$	1,132,456		$	96,988		$	(1,061,637	)	$	1,285,760
		As of April 27, 2014
		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	$	16,131		$	80,918		$	35,589		$	(199	)	$	132,439
	Intercompany receivables	530,886			—			—			(530,886		)	—
	Investments in subsidiaries	535,662			3,358			—			(539,020		)	—
	Property and equipment, net	6,693			907,175			41,736			—			955,604
	Other assets	35,837			151,044			20,236			(5,086		)	202,031
	Total assets	$	1,125,209		$	1,142,495		$	97,561		$	(1,075,191	)	$	1,290,074
	Current liabilities	$	33,447		$	67,899		$	26,716		$	(199	)	$	127,863
	Intercompany payables	—			495,416			35,470			(530,886		)	—
	Long-term debt, less current maturities	1,065,913			—			158			—			1,066,071
	Other accrued liabilities	6,465			68,002			7,375			(5,086		)	76,756
	Stockholders’ equity	19,384			511,178			27,842			(539,020		)	19,384
	Total liabilities and stockholders’ equity	$	1,125,209		$	1,142,495		$	97,561		$	(1,075,191	)	$	1,290,074
Schedule of consolidating condensed statements of operations	'
		For the Three Months Ended July 27, 2014
		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	$	—		$	244,873		$	10,199		$	—		$	255,072
	Rooms, food, beverage, pari-mutuel and other	41			41,441			3,257			(2,304		)	42,435
	Management fee revenue	8,466			—			—			(8,466		)	—
	Gross revenues	8,507			286,314			13,456			(10,770		)	297,507
	Less promotional allowances	—			(53,368		)	(2,490		)	—			(55,858		)
	Net revenues	8,507			232,946			10,966			(10,770		)	241,649
	Operating expenses:
	Casino	—			38,612			1,516			—			40,128
	Gaming taxes	—			60,533			3,934			—			64,467
	Rooms, food, beverage, pari-mutuel and other	9,409			84,733			5,665			(2,304		)	97,503
	Management fee expense	—			8,166			300			(8,466		)	—
	Depreciation and amortization	468			17,817			1,358			—			19,643
	Total operating expenses	9,877			209,861			12,773			(10,770		)	221,741
	Operating income (loss)	(1,370		)	23,085			(1,807		)	—			19,908
	Interest expense, net	(11,183		)	(9,521		)	(538		)	—			(21,242		)
	Derivative income	—			—			—			—			—
	Equity in income (loss) of subsidiaries	5,809			—			—			(5,809		)	—
	Income (loss) from continuing operations before income taxes and noncontolling interest	(6,744		)	13,564			(2,345		)	(5,809		)	(1,334		)
	Income tax (provision) benefit	4,427			(6,433		)	1,023			—			(983		)
	Income (loss) from continuining operations	(2,317		)	7,131			(1,322		)	(5,809		)	(2,317		)
	Income (loss) of discontinued operations	—			—			—			—			—
	Net income (loss)	$	(2,317	)	$	7,131		$	(1,322	)	$	(5,809	)	$	(2,317	)
		For the Three Months Ended July 28, 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	$	—		$	248,367		$	2,467		$	—		$	250,834
	Rooms, food, beverage, pari-mutuel and other	179			42,539			2,668			(2,349		)	43,037
	Management fee revenue	8,238			—			—			(8,238		)	—
	Gross revenues	8,417			290,906			5,135			(10,587		)	293,871
	Less promotional allowances	—			(55,671		)	(187		)	—			(55,858		)
	Net revenues	8,417			235,235			4,948			(10,587		)	238,013
	Operating expenses:
	Casino	—			39,602			666			—			40,268
	Gaming taxes	—			61,461			1,217			—			62,678
	Rooms, food, beverage, pari-mutuel and other	8,133			85,307			6,077			(2,349		)	97,168
	Management fee expense	—			8,238			—			(8,238		)	—
	Depreciation and amortization	403			18,842			557			—			19,802
	Total operating expenses	8,536			213,450			8,517			(10,587		)	219,916
	Operating income (loss)	(119		)	21,785			(3,569		)	—			18,097
	Interest expense, net	(11,762		)	(10,103		)	(699		)	—			(22,564		)
	Derivative income	230			—			—			—			230
	Equity in income (loss) of subsidiaries	2,787			—			—			(2,787		)	—
	Income (loss) from continuing operations before income taxes and noncontolling interest	(8,864		)	11,682			(4,268		)	(2,787		)	(4,237		)
	Income tax (provision) benefit	3,216			(6,511		)	1,884			—			(1,411		)
	Income (loss) from continuining operations	(5,648		)	5,171			(2,384		)	(2,787		)	(5,648		)
	Income (loss) of discontinued operations	786			467			—			(467		)	786
	Net income (loss)	$	(4,862	)	$	5,638		$	(2,384	)	$	(3,254	)	$	(4,862	)
Schedule of consolidating condensed statements of cash flows	'
		Three Months Ended July 27, 2014
		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	$	(16,629	)	$	26,651		$	6,599		$	—		$	16,621
	Investing Activities:
	Purchases of property and equipment, net of proceeds	(689		)	(8,131		)	(137		)	—			(8,957		)
	Restricted cash and investments	—			—			592			—			592
	Parent company investment in subsidiaries	26,443			—			—			(26,443		)	—
	Net cash provided by (used in) investing activities	25,754			(8,131		)	455			(26,443		)	(8,365		)
	Financing Activities:
	Principal payments on debt	(16		)	—			(40		)	—			(56		)
	Net repayments on line of credit	(9,700		)	—			—			—			(9,700		)
	Net proceeds from (payments to) related parties	—			(19,201		)	(7,242		)	26,443			—
	Net cash provided by (used in) financing activities	(9,716		)	(19,201		)	(7,282		)	26,443			(9,756		)
	Net decrease in cash and cash equivalents	(591		)	(681		)	(228		)	—			(1,500		)
	Cash and cash equivalents at beginning of period	6,051			53,787			9,992			—			69,830
	Cash and cash equivalents at end of the period	$	5,460		$	53,106		$	9,764		—			$	68,330
		Three Months Ended July 28, 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	$	(14,815	)	$	25,320		$	378		$	—		$	10,883
	Investing Activities:
	Purchases of property and equipment, net of proceeds	72			(9,500		)	(11,698		)	—			(21,126		)
	Purchases towards gaming license	—			—			(7,500		)	—			(7,500		)
	Restricted cash and investments	—			—			1,846			—			1,846
	Parent company investment in subsidiaries	(1,315		)	—			—			1,315			—
	Net cash provided by (used in) investing activities	(1,243		)	(9,500		)	(17,352		)	1,315			(26,780		)
	Financing Activities:
	Principal payments on debt	(16		)	(200		)	(37		)	—			(253		)
	Net borrowings on line of credit	14,900			—			—			—			14,900
	Payments of deferred financing costs	(659		)	—			—			—			(659		)
	Net proceeds from (payments to) related parties	—			(16,730		)	18,045			(1,315		)	—
	Net cash provided by (used in) financing activities	14,225			(16,930		)	18,008			(1,315		)	13,988
	Net (decrease) increase in cash and cash equivalents	(1,833		)	(1,110		)	1,034			—			(1,909		)
	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	$	5,081		$	56,158		$	5,321		$	—		$	66,560

Nature_of_Operations_Details

Nature of Operations (Details)	3 Months Ended
	Jul. 27, 2014
	item
Nature of Operations	'
Number of casino gaming facilities	15

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013	Apr. 27, 2014	Apr. 28, 2013
	item
Basis of Presentation	'	'	'	'
Length of fiscal period	'	'	'364 days	'364 days
Number of reporting segments	1	'	'	'
Results of discontinued operations	'	'	'	'
Net revenues	'	$9,716	'	'
Pretax income from discontinued operations	'	786	'	'
Income from discontinued operations	'	$786	'	'

LongTerm_Debt_Details

Long-Term Debt (Details) (USD $)

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Mar. 31, 2013

Jul. 27, 2014

Apr. 27, 2014

Mar. 31, 2011

Jul. 27, 2014

Apr. 27, 2014

Aug. 31, 2012

Jul. 27, 2014

Apr. 27, 2014

In Thousands, unless otherwise specified

Revolving line of credit, expires April 19, 2018

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

$1,056,608

$1,066,301

$55,000

$64,700

'

$350,000

$350,000

'

$298,551

$298,488

'

$350,000

$350,000

'

$3,057

$3,113

Less current maturities

231

230

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

1,056,377

1,066,071

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity

'

'

300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Net line of credit availability limited by our maximum consolidated total leverage ratio

'

'

125,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding letters of credit

'

'

33,000

'

'

'

'

'

'

'

'

'

'

'

'

'

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

'

'

'

'

0.55%

'

'

'

'

'

'

'

'

'

'

'

Weighted average effective interest rate (as a percent)

'

'

3.66%

'

'

'

'

'

'

'

'

'

'

'

'

'

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
In Thousands, except Share data, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Income (loss) applicable to common shares:	'	'
Loss from continuing operations	($2,317)	($5,648)
Income from discontinued operations	'	786
Net loss	($2,317)	($4,862)
Denominator:	'	'
Denominator for basic earnings (loss) per share - weighted average shares	39,827,889	39,582,928
Denominator for diluted earnings (loss) per share - adjusted weighted average shares and assumed conversions	39,827,889	39,582,928
Basic and Diluted earnings (loss) per share:	'	'
Loss from continuing operations (in dollars per share)	($0.06)	($0.14)
Income from discontinued operations (in dollars per share)	'	$0.02
Net loss (in dollars per share)	($0.06)	($0.12)
Potentially dilutive stock options excluded from calculation of diluted earnings per share (in shares)	44,418	66,145
Dilutive restricted stock units (RSUs) excluded from calculation of diluted earnings per share (EPS) (in shares)	1,656,943	1,714,286
Stock Options	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share	'	'
Anti-dilutive shares excluded from calculation of EPS	746,110	961,710

Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (USD $)	3 Months Ended					0 Months Ended	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Jul. 27, 2014	Jul. 27, 2014	Jul. 27, 2014	Jul. 27, 2014	Jul. 27, 2014	Jul. 31, 2014	Jul. 27, 2014
	RSUs	RSUs	RSUs	Restricted Stock	Restricted Stock	Restricted Stock	Restricted Stock
		Vesting on April 26, 2015	Vesting on April 26, 2016		Employee	Employee	Director
						Subsequent event
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	1,656,943	'	'	'	'	'	'
Vesting rights (as a percent)	'	50.00%	50.00%	'	'	'	'
Aggregate compensation cost to be recognized over the vesting periods	$4,405	'	'	'	'	'	'
Unrecognized compensation cost	$1,609	'	'	$679	'	'	'
Share issued during the period	'	'	'	'	'	107,214	'
Weighted average grant-date fair value (in dollars per share)	'	'	'	'	'	$7.92	'
Vesting rights on each anniversary of grant date (as a percent)	'	'	'	'	33.30%	'	33.30%
Estimated forfeiture rate (as a percent)	'	'	'	'	15.00%	'	0.00%
Remaining weighted average vesting period of unrecognized compensation cost	'	'	'	'11 months 1 day	'	'	'

Fair_Value_Details

Fair Value (Details) (USD $)	Jul. 27, 2014	Apr. 27, 2014
In Thousands, unless otherwise specified
Assets:	'	'
Marketable securities	$27,566	$27,289
Restricted cash and investments	9,125	9,807
Recurring | Level 1	'	'
Assets:	'	'
Marketable securities	9,657	10,074
Restricted cash and investments	4,392	4,459
Recurring | Level 2	'	'
Assets:	'	'
Marketable securities	17,909	17,215
Restricted cash and investments	4,733	5,348
Recurring | Total	'	'
Assets:	'	'
Marketable securities	27,566	27,289
Restricted cash and investments	$9,125	$9,807

Fair_Value_Details_2

Fair Value (Details 2) (USD $)

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Mar. 31, 2013

Jul. 27, 2014

Apr. 27, 2014

Mar. 31, 2011

Jul. 27, 2014

Apr. 27, 2014

Aug. 31, 2012

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

In Thousands, unless otherwise specified

5.875% Senior Notes

5.875% Senior Notes

5.875% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Carrying Amount

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Fair Value

Revolving line of credit

Revolving line of credit

5.875% Senior Notes

5.875% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

Other long-term debt

Other long-term debt

Revolving line of credit

Revolving line of credit

5.875% Senior Notes

5.875% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

Other long-term debt

Other long-term debt

Financial liabilities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

'

'

'

'

'

'

'

'

'

'

'

'

'

$55,000

$64,700

$350,000

$350,000

$298,551

$298,488

$350,000

$350,000

$3,057

$3,113

'

'

$53,350

$63,083

$364,000

$351,750

$316,839

$318,576

$379,750

$373,520

$3,057

$3,113

Interest rate (as a percent)

'

'

5.88%

5.88%

5.88%

7.75%

7.75%

7.75%

8.88%

8.88%

8.88%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other long-term obligations

$22,629

$22,391

'

'

'

'

'

'

'

'

'

$22,629

$22,391

'

'

'

'

'

'

'

'

'

'

$22,629

$22,391

'

'

'

'

'

'

'

'

'

'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Operating loss carryforwards	'	'
Federal taxes at the statutory rate	($467)	($1,208)
State taxes	-340	283
Permanent differences	540	259
Tax credits	-112	-262
Other	'	52
Valuation allowance	1,362	2,287
Income tax provision	983	1,411
State of Florida	'	'
Operating loss carryforwards	'	'
Valuation allowance	$3,300	'

Supplemental_Disclosures_Detai

Supplemental Disclosures (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Supplemental Disclosures	'	'
Net cash interest payments	$15,887	$18,253
income tax payments	171	106
Change in accrued purchases of property and equipment in accounts payable	($1,096)	$2,590

Consolidating_Condensed_Financ2

Consolidating Condensed Financial Information (Details) (USD $)

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Jul. 27, 2014

Apr. 27, 2014

Mar. 31, 2013

Jul. 27, 2014

Apr. 27, 2014

Mar. 31, 2011

Jul. 27, 2014

Apr. 27, 2014

Aug. 31, 2012

In Thousands, unless otherwise specified

Reportable Legal Entities

Reportable Legal Entities

Reportable Legal Entities

Reportable Legal Entities

Reportable Legal Entities

Reportable Legal Entities

Consolidating and Eliminating Entries

Consolidating and Eliminating Entries

5.875% Senior Notes

5.875% Senior Notes

5.875% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

7.75% Senior Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

8.875% Senior Subordinated Notes

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 condensed financial statements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate (as a percent)

'

'

'

'

'

'

'

'

'

'

5.88%

5.88%

5.88%

7.75%

7.75%

7.75%

8.88%

8.88%

8.88%

Current assets

$139,586

$132,439

$31,018

$16,131

$79,733

$80,918

$35,638

$35,589

($6,803)

($199)

'

'

'

'

'

'

'

'

'

Intercompany receivables

'

'

499,928

530,886

'

'

1,288

'

-501,216

-530,886

'

'

'

'

'

'

'

'

'

Investments in subsidiaries

'

'

546,040

535,662

3,358

3,358

'

'

-549,398

-539,020

'

'

'

'

'

'

'

'

'

Property and equipment, net

946,193

955,604

7,115

6,693

898,570

907,175

40,508

41,736

'

'

'

'

'

'

'

'

'

'

'

Other assets

199,981

202,031

33,852

35,837

150,795

151,044

19,554

20,236

-4,220

-5,086

'

'

'

'

'

'

'

'

'

Total assets

1,285,760

1,290,074

1,117,953

1,125,209

1,132,456

1,142,495

96,988

97,561

-1,061,637

-1,075,191

'

'

'

'

'

'

'

'

'

Current liabilities

133,377

127,863

37,103

33,447

69,577

67,899

33,500

26,716

-6,803

-199

'

'

'

'

'

'

'

'

'

Intercompany payables

'

'

'

'

476,216

495,416

25,000

35,470

-501,216

-530,886

'

'

'

'

'

'

'

'

'

Long-term debt, less current maturities

1,056,377

1,066,071

1,056,259

1,065,913

'

'

118

158

'

'

'

'

'

'

'

'

'

'

'

Other accrued liabilities

78,056

76,756

6,641

6,465

68,299

68,002

7,336

7,375

-4,220

-5,086

'

'

'

'

'

'

'

'

'

Stockholders' equity

17,950

19,384

17,950

19,384

518,364

511,178

31,034

27,842

-549,398

-539,020

'

'

'

'

'

'

'

'

'

Total liabilities and stockholders' equity

$1,285,760

$1,290,074

$1,117,953

$1,125,209

$1,132,456

$1,142,495

$96,988

$97,561

($1,061,637)

($1,075,191)

'

'

'

'

'

'

'

'

'

Consolidating_Condensed_Financ3

Consolidating Condensed Financial Information (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Revenues:	'	'
Casino	$255,072	$250,834
Rooms, food, beverage, pari-mutuel and other	42,435	43,037
Gross revenues	297,507	293,871
Less promotional allowances	-55,858	-55,858
Net revenues	241,649	238,013
Operating expenses:	'	'
Casino	40,128	40,268
Gaming taxes	64,467	62,678
Rooms, food, beverage, pari-mutuel and other	97,503	97,168
Depreciation and amortization	19,643	19,802
Total operating expenses	221,741	219,916
Operating income	19,908	18,097
Interest expense, net	-21,242	-22,564
Derivative income	'	230
Loss from continuing operations before income taxes	-1,334	-4,237
Income tax (provision) benefit	-983	-1,411
Loss from continuing operations	-2,317	-5,648
Income from discontinued operations	'	786
Net loss	-2,317	-4,862
Reportable Legal Entities | Isle of Capri Casinos, Inc. (Parent Obligor)	'	'
Revenues:	'	'
Rooms, food, beverage, pari-mutuel and other	41	179
Management fee revenue	8,466	8,238
Gross revenues	8,507	8,417
Net revenues	8,507	8,417
Operating expenses:	'	'
Rooms, food, beverage, pari-mutuel and other	9,409	8,133
Depreciation and amortization	468	403
Total operating expenses	9,877	8,536
Operating income	-1,370	-119
Interest expense, net	-11,183	-11,762
Derivative income	'	230
Equity in income (loss) of subsidiaries	5,809	2,787
Loss from continuing operations before income taxes	-6,744	-8,864
Income tax (provision) benefit	4,427	3,216
Loss from continuing operations	-2,317	-5,648
Income from discontinued operations	'	786
Net loss	-2,317	-4,862
Reportable Legal Entities | Guarantor Subsidiaries	'	'
Revenues:	'	'
Casino	244,873	248,367
Rooms, food, beverage, pari-mutuel and other	41,441	42,539
Gross revenues	286,314	290,906
Less promotional allowances	-53,368	-55,671
Net revenues	232,946	235,235
Operating expenses:	'	'
Casino	38,612	39,602
Gaming taxes	60,533	61,461
Rooms, food, beverage, pari-mutuel and other	84,733	85,307
Management fee expense	8,166	8,238
Depreciation and amortization	17,817	18,842
Total operating expenses	209,861	213,450
Operating income	23,085	21,785
Interest expense, net	-9,521	-10,103
Loss from continuing operations before income taxes	13,564	11,682
Income tax (provision) benefit	-6,433	-6,511
Loss from continuing operations	7,131	5,171
Income from discontinued operations	'	467
Net loss	7,131	5,638
Reportable Legal Entities | Non-Guarantor Subsidiaries	'	'
Revenues:	'	'
Casino	10,199	2,467
Rooms, food, beverage, pari-mutuel and other	3,257	2,668
Gross revenues	13,456	5,135
Less promotional allowances	-2,490	-187
Net revenues	10,966	4,948
Operating expenses:	'	'
Casino	1,516	666
Gaming taxes	3,934	1,217
Rooms, food, beverage, pari-mutuel and other	5,665	6,077
Management fee expense	300	'
Depreciation and amortization	1,358	557
Total operating expenses	12,773	8,517
Operating income	-1,807	-3,569
Interest expense, net	-538	-699
Loss from continuing operations before income taxes	-2,345	-4,268
Income tax (provision) benefit	1,023	1,884
Loss from continuing operations	-1,322	-2,384
Net loss	-1,322	-2,384
Consolidating and Eliminating Entries	'	'
Revenues:	'	'
Rooms, food, beverage, pari-mutuel and other	-2,304	-2,349
Management fee revenue	-8,466	-8,238
Gross revenues	-10,770	-10,587
Net revenues	-10,770	-10,587
Operating expenses:	'	'
Rooms, food, beverage, pari-mutuel and other	-2,304	-2,349
Management fee expense	-8,466	-8,238
Total operating expenses	-10,770	-10,587
Equity in income (loss) of subsidiaries	-5,809	-2,787
Loss from continuing operations before income taxes	-5,809	-2,787
Loss from continuing operations	-5,809	-2,787
Income from discontinued operations	'	-467
Net loss	($5,809)	($3,254)

Consolidating_Condensed_Financ4

Consolidating Condensed Financial Information (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jul. 27, 2014	Jul. 28, 2013
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	$16,621	$10,883
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-8,957	-21,126
Purchases towards gaming license	'	-7,500
Restricted cash and investments	592	1,846
Net cash used in investing activities	-8,365	-26,780
Financing Activities:	'	'
Principal payments on debt	-56	-253
Net (repayments) borrowings on line of credit	-9,700	14,900
Payments of deferred financing costs	'	-659
Net cash (used in) provided by financing activities	-9,756	13,988
Net decrease in cash and cash equivalents	-1,500	-1,909
Cash and cash equivalents, beginning of period	69,830	68,469
Cash and cash equivalents, end of the period	68,330	66,560
Reportable Legal Entities | Isle of Capri Casinos, Inc. (Parent Obligor)	'	'
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	-16,629	-14,815
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-689	72
Parent company investment in subsidiaries	26,443	-1,315
Net cash used in investing activities	25,754	-1,243
Financing Activities:	'	'
Principal payments on debt	-16	-16
Net (repayments) borrowings on line of credit	-9,700	14,900
Payments of deferred financing costs	'	-659
Net cash (used in) provided by financing activities	-9,716	14,225
Net decrease in cash and cash equivalents	-591	-1,833
Cash and cash equivalents, beginning of period	6,051	6,914
Cash and cash equivalents, end of the period	5,460	5,081
Reportable Legal Entities | Guarantor Subsidiaries	'	'
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	26,651	25,320
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-8,131	-9,500
Net cash used in investing activities	-8,131	-9,500
Financing Activities:	'	'
Principal payments on debt	'	-200
Net proceeds from (payments to) related parties	-19,201	-16,730
Net cash (used in) provided by financing activities	-19,201	-16,930
Net decrease in cash and cash equivalents	-681	-1,110
Cash and cash equivalents, beginning of period	53,787	57,268
Cash and cash equivalents, end of the period	53,106	56,158
Reportable Legal Entities | Non-Guarantor Subsidiaries	'	'
Consolidating condensed financial statements	'	'
Net cash provided by (used in) operating activities	6,599	378
Investing Activities:	'	'
Purchases of property and equipment, net of proceeds	-137	-11,698
Purchases towards gaming license	'	-7,500
Restricted cash and investments	592	1,846
Net cash used in investing activities	455	-17,352
Financing Activities:	'	'
Principal payments on debt	-40	-37
Net proceeds from (payments to) related parties	-7,242	18,045
Net cash (used in) provided by financing activities	-7,282	18,008
Net decrease in cash and cash equivalents	-228	1,034
Cash and cash equivalents, beginning of period	9,992	4,287
Cash and cash equivalents, end of the period	9,764	5,321
Consolidating and Eliminating Entries	'	'
Investing Activities:	'	'
Parent company investment in subsidiaries	-26,443	1,315
Net cash used in investing activities	-26,443	1,315
Financing Activities:	'	'
Net proceeds from (payments to) related parties	26,443	-1,315
Net cash (used in) provided by financing activities	$26,443	($1,315)

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	1 Months Ended	0 Months Ended
	Oct. 27, 2013	Feb. 01, 2013
	Sub contractor vs. IOC-Cape Girardeau, LLC and other defendants	Tower JV
	item	item
Commitments and Contingencies	'	'
Number of defendants	2	'
Amount of damages sought	$4,600,000	'
Number of applicants for the final gaming license in Philadelphia	'	4
Amount loaned in the form of stand-by letter of credit	'	$25,000,000