v3.26.1
STOCK-BASED COMPENSATION
3 Months Ended
Mar. 31, 2026
STOCK-BASED COMPENSATION  
STOCK-BASED COMPENSATION

NOTE 3. STOCK-BASED COMPENSATION

In accordance with ASC 718, the Company records any excess tax benefits or deficiencies from its equity awards in its Consolidated Statements of Income in the reporting periods in which vesting occurs. As a result, the Company’s income tax expense and associated effective tax rate are impacted by fluctuations in stock price between the grant dates and vesting dates of equity awards.

Reported stock-based compensation expense was classified as follows (in thousands):

Three months ended

March 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Casino

 

$

146

 

$

175

 

Food and beverage

 

23

 

79

Hotel

 

58

 

79

Selling, general and administrative

 

1,726

 

1,794

Total stock-based compensation, before taxes

 

1,953

 

2,127

Tax benefit

 

(410)

 

(447)

Total stock-based compensation, net of tax

 

$

1,543

 

$

1,680