Isle of Capri reports Q4, full-year profit

Isle of Capri Casinos Inc. reported a profit of $3.1 million in its fiscal 2015 fourth quarter compared with a loss of $141.5 million for the prior year’s quarter , when it recorded $162.1 million in non-cash impairment charges on the company’s properties. The company booked the profit for its fourth quarter ended April 30 despite a $13.8 million loss on early extinguishment of debt and a $9 million non-cash impairment charge taken on its Nemacolin Woodlands Resort in Pennsylvania.