Gaylord Entertainment Company Announces Increases to Previously Reported Third Quarter Net Income to Reflect an Additional $2.7 Million Income Tax Benefit.

Business Wire (November 14, 2002)


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Gaylord Entertainment Company Announces Increases to Previously Reported Third Quarter Net Income to Reflect an Additional $2.7 Million Income Tax Benefit.

Business Editors/Entertainment Editors

NASHVILLE, Tenn.--(BUSINESS WIRE)--Nov. 14, 2002

Gaylord Entertainment Company (NYSE:GET) announced today it has increased its previously reported net income for the third quarter of 2002 from $96.6 million to $99.3 million to reflect an additional income tax benefit of $2.7 million arising from the revision of the Company's deferred tax provision.

The increased income tax benefit results in an increase of diluted earnings per share for the third quarter from $2.86 to $2.94. The results are reflected in the company's quarterly report on Form 10-Q filed today with the Securities and Exchange Commission and in summary financial statements accompanying this press release.

"During the course of o...



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