International Speedway Corporation

International Speedway Corporation is a leading promoter of motorsports activities, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. The Company owns and/or operates 13 of the nation's major motorsports entertainment facilities, including Daytona International Speedway® in Florida (home of the DAYTONA 500®); Talladega Superspeedway® in Alabama; Michigan International Speedway® located outside Detroit; Richmond International Raceway® in Virginia; Auto Club Speedway of Southern CaliforniaSM near Los Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix International Raceway® in Arizona; Chicagoland Speedway® and Route 66 RacewaySM near Chicago, Illinois; Homestead-Miami SpeedwaySM in Florida; Martinsville Speedway® in Virginia; Darlington Raceway® in South Carolina; and Watkins Glen International® in New York. The Company also owns and operates Motor Racing NetworkSM, the nation's largest independent sports radio network, and Americrown Service CorporationSM, a subsidiary that provides catering services, food and beverage concessions, and through its subsidiary Motorsports Authentics, produces and markets motorsports-related merchandise. In addition, the Company has a 50 percent interest in the Hollywood Casino at Kansas Speedway.
Company Growth (employees)
Type
Public
HQ
Daytona Beach, US
Founded
1957
Size (employees)
792 (est)
International Speedway Corporation was founded in 1957 and is headquartered in Daytona Beach, US

International Speedway Corporation Office Locations

International Speedway Corporation has an office in Daytona Beach
Daytona Beach, US (HQ)
1 Daytona Blvd

International Speedway Corporation Data and Metrics

International Speedway Corporation Financial Metrics

International Speedway Corporation's revenue was reported to be $165.3 m in Q2, 2017
USD

Revenue (Q2, 2017)

165.3 m

Net income (Q2, 2017)

34.5 m

EBIT (Q2, 2017)

18.4 m

Market capitalization (17-Aug-2017)

1.5 b

Cash (31-May-2017)

312.1 m
International Speedway Corporation's current market capitalization is $1.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

612.6 m654 m647.5 m663.2 m

Revenue growth, %

7%(1%)2%

General and administrative expense

110.8 m

Operating expense total

533.9 m558.5 m551.2 m

EBIT

78.7 m93.4 m109.8 m

EBIT margin, %

13%14%17%

Interest expense

15.2 m9.2 m13.8 m

Interest income

96 k2.1 m270 k

Pre tax profit

73.1 m100.6 m124.1 m

Income tax expense

27.8 m33.2 m47.7 m

Net Income

45.3 m67.4 m56.6 m76.3 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

130.1 m136.6 m164 m125.5 m142.6 m167.6 m129 m148 m165.3 m

General and administrative expense

28.2 m26.1 m27.4 m27.4 m26.3 m27.8 m27.2 m26.3 m27.3 m

Operating expense total

28.2 m26.1 m27.4 m27.4 m26.3 m27.8 m27.2 m26.3 m27.3 m

EBIT

(3.5 m)21.6 m19.2 m(7.1 m)31.2 m23.7 m3.7 m33.8 m18.4 m

EBIT margin, %

(3%)16%12%(6%)22%14%3%23%11%

Interest expense

(2 m)(1.5 m)(2.6 m)(2.7 m)(3.1 m)(3.7 m)(3.6 m)(3.3 m)(3.1 m)

Interest income

20 k19 k25 k41 k30 k56 k71 k117 k251 k

Pre tax profit

(3.1 m)23.4 m21.8 m(6.3 m)32.1 m36.2 m3.5 m34.3 m21.4 m

Income tax expense

(3.3 m)8.5 m8.4 m(2.4 m)12.3 m14.3 m1.4 m13 m8.2 m

Net Income

41.6 m15 m28.3 m24.4 m19.8 m41.7 m43.9 m21.3 m34.5 m
USDFY, 2013FY, 2014FY, 2016

Cash

172.8 m158.8 m263.7 m

Inventories

2.6 m4 m13.8 m

Current Assets

235.8 m207.6 m313.1 m

PP&E

1.3 b1.4 b1.5 b

Goodwill

118.8 m118.8 m118.8 m

Total Assets

2 b2.1 b2.2 b

Accounts Payable

27.7 m41.5 m29.8 m

Total Debt

274.5 m271.7 m262.8 m

Current Liabilities

82.1 m96.8 m95.3 m

Additional Paid-in Capital

445.1 m447.5 m437.3 m

Retained Earnings

846.2 m902.4 m965.3 m

Total Equity

1.4 b

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

1.6 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

171.9 m161.9 m183.5 m169.2 m190.1 m304 m265.3 m278.7 m312.1 m

Inventories

6 m2.6 m2.2 m1.7 m1.7 m1.8 m

Current Assets

238.2 m264.4 m323.2 m297 m368.5 m363.9 m334.2 m399.7 m387.2 m

Goodwill

118.8 m118.8 m118.8 m118.8 m118.8 m118.8 m118.8 m118.8 m118.8 m

Total Assets

2.1 b2.1 b2.2 b2.1 b2.2 b2.2 b2.2 b2.3 b2.2 b

Accounts Payable

44.3 m35 m39.2 m49.9 m40.8 m30.8 m26.1 m28.6 m32.3 m

Current Liabilities

146.2 m144.5 m157.8 m155.8 m171 m167.3 m133.6 m158.7 m166.9 m

Additional Paid-in Capital

446.6 m448.2 m447.6 m448.4 m448.1 m442.8 m440.5 m437.2 m434.2 m

Retained Earnings

876.6 m917.4 m918.6 m914.7 m962.3 m951.2 m945.2 m984.3 m968.8 m

Total Equity

1.3 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b

Financial Leverage

1.6 x1.6 x1.6 x1.6 x1.6 x1.6 x1.6 x1.6 x1.6 x
USDFY, 2013FY, 2014FY, 2016

Net Income

45.3 m67.4 m76.3 m

Depreciation and Amortization

94 m90.4 m102.2 m

Accounts Payable

3.7 m(517 k)4.8 m

Cash From Operating Activities

173.4 m162.8 m245.9 m

Capital Expenditures

(85.5 m)(183.9 m)(140.8 m)

Cash From Investing Activities

(66.3 m)(162.5 m)(63.8 m)

Dividends Paid

(10.2 m)(11.2 m)(18.9 m)

Cash From Financing Activities

(12.7 m)(14.3 m)(78.9 m)

Income Taxes Paid

(13.7 m)11 m1.3 m

Free Cash Flow

258.9 m346.8 m105.1 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

41.6 m15 m28.3 m24.4 m19.8 m41.7 m43.9 m21.3 m34.5 m

Depreciation and Amortization

68 m24 m48.8 m73 m25 m51 m77 m26.5 m54.8 m

Accounts Payable

1.1 m2.2 m(3.6 m)6 k(4.5 m)(5.2 m)555 k(3.2 m)(10.9 m)

Cash From Operating Activities

125.9 m44.7 m96.9 m117.3 m90.3 m183.2 m198.6 m39.5 m106.4 m

Capital Expenditures

(132.5 m)(43.4 m)(75.9 m)(105.7 m)(54.6 m)(81.8 m)(110.2 m)(21.6 m)(40.6 m)

Cash From Investing Activities

(114.8 m)(41.4 m)(70.7 m)(93 m)(54.3 m)(12.9 m)(36.5 m)(21.3 m)(40.6 m)

Cash From Financing Activities

(12 m)(278 k)(1.5 m)(14 m)(6.4 m)(26.9 m)(57.3 m)(3.3 m)(17.5 m)

Income Taxes Paid

13.7 m5.3 m(7 m)(9.4 m)8.5 m3.2 m(945 k)13.6 m4.1 m

Free Cash Flow

(6.6 m)1.3 m20.9 m11.6 m35.7 m101.5 m88.4 m17.9 m65.8 m
USDY, 2017

Revenue/Employee

208.7 k

Financial Leverage

1.6 x

International Speedway Corporation Market Value History

International Speedway Corporation Job Categories

Traffic Overview of International Speedway Corporation

International Speedway Corporation News and Updates

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BRIEF-International Speedway reports Q2 earnings per share $0.47

* International Speedway Corporation reports financial results for the second quarter of fiscal 2016

International Speedway Corporation Company Life and Culture

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