Speedway Motorsports (TRK)

[Papa Bear]

TRK ~~> UPDATED NUMBERS

Second Quarter Comparison

Total revenues of $165.8 million in 2018 compared to $170.0 million in 2017
Non-recurring benefit of state income tax law change of $1.1 million or $0.03 per diluted share in 2018
Impairment charge for goodwill of $1.1 million pre-tax, $698,000 after tax or $0.02 per diluted share in 2017
Net income of $31.9 million or $0.78 per diluted share in 2018 compared to $27.3 million or $0.67 per diluted share in 2017
Adjusted non-GAAP net income of $30.8 million or $0.75 per diluted share in 2018 compared to $28.0 million or $0.68 per diluted share in 2017


Year-to-Date Comparison

Total revenues of $240.2 million in 2018 compared to $246.5 million in 2017
Non-recurring benefit of state income tax law change of $1.1 million or $0.03 per diluted share in 2018
Accelerated depreciation and removal costs on retired assets aggregating $4.6 million pre-tax, $2.9 million after-tax or $0.07 per diluted share in 2017
Impairment charge for goodwill of $1.1 million pre-tax, $698,000 after tax or $0.02 per diluted share in 2017
Net income of $29.2 million or $0.71 per diluted share in 2018 compared to $25.4 million or $0.62 per diluted share in 2017
Adjusted non-GAAP net income of $28.1 million or $0.68 per diluted share in 2018 compared to $29.0 million or $0.71 per diluted share in 2017