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BUSINESS COMBINATION (Tables)
 12 Months Ended
Jun. 30, 2014
BUSINESS COMBINATION  
Schedule of total purchase consideration

 

 

 
   (in 000s)  

Total purchase price for SHFL common stock (56,626 shares at $23.25 per share)

   $ 1,316,554  

Payments in respect of SHFL stock options, restricted shares, restricted share units and restricted share performance units

     46,099  

Repayments of SHFL debt and other obligations

     19,752  
       
​ ​ ​ ​ ​

Total purchase consideration

   $ 1,382,405  
       
​ ​ ​ ​ ​
​ ​ ​ ​ ​
       
Schedule of preliminary allocation of the purchase price

 

 

 
   (in 000s)  

Current assets

   $ 172,217  

Property, plant and equipment

     31,409  

Leased gaming equipment

     34,647  

Goodwill

     824,185  

Purchased intangible assets

     510,627  

Other assets

     10,662  
       
​ ​ ​ ​ ​

Total assets

     1,583,747  
       
​ ​ ​ ​ ​

Current liabilities

     37,977  

Deferred income tax liabilities

     160,309  

Other long-term liabilities

     3,056  
       
​ ​ ​ ​ ​

Total liabilities

     201,342  
       
​ ​ ​ ​ ​

Net assets acquired

   $ 1,382,405  
       
​ ​ ​ ​ ​
​ ​ ​ ​ ​
       
Summary of acquired tangible and intangible assets

The following table summarizes acquired tangible and intangible assets. These values are preliminary and may change as the purchase price allocation is finalized.

 
   Useful Life
(Years)		   Estimated
Fair Value		  
 
    
   (in 000s)
  

Property, plant and equipment

            

Land

   Indefinite   $ 4,673  

Buildings and leasehold improvements

   5 - 40     17,750  

Furniture, fixtures and equipment

   3 - 7     8,986  
           
​ ​ ​ ​ ​ ​ ​

Property, plant and equipment

       $ 31,409  
           
​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​
           

Leased gaming equipment

            

Leased gaming equipment

   3 - 5   $ 34,647  
           
​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​
           

The fair value of property, plant and equipment and leased gaming equipment was determined using market data for similar assets (Level 2).

 
   Useful Life
(Years)		   Estimated
Fair Value		  
 
    
   (in 000s)
  

Purchased intangible assets

            

Computer Software

   2 - 3   $ 2,669  

License Rights

   12     1,958  

Core technology and content(1)

   4 - 18     456,000  

Customer relationships

   7     43,000  

Trademark

   5     7,000  
           
​ ​ ​ ​ ​ ​ ​

Intangible assets

       $ 510,627  
           
​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​
           
(1)
Includes $46 million of in-process research and development ("IPR&D") assets that are not yet subject to amortization until they reach commercial feasibility.
Schedule of financial results included in the consolidated statements of operations since the acquisition date

 

 

 
   Year Ended
June 30, 2014		  

Revenue

   $ 186,374  
       
​ ​ ​ ​ ​

Net Income(1)

   $ 12,597  
       
​ ​ ​ ​ ​
​ ​ ​ ​ ​
       
(1)
Includes acquisition-related costs of $15.1 million.
Schedule of unaudited pro forma consolidated financial information

 

 

 
   Year Ended
June 30,		  
 
   2014   2013  

Revenues

   $ 1,338,442   $ 1,279,863  

Net income attributable to Bally Technologies, Inc. 

   $ 117,622   $ 78,381  

Basic earnings per share

   $ 3.06   $ 1.95  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Diluted earnings per share

   $ 3.01   $ 1.91  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​