Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The estimated fair value of the assets and liabilities acquired in connection with the Black Hawk transaction was as follows:

	Amount
	(in thousands)
Accounts receivable	$	9,663
Prepaid expenses and other current assets	208
Property and equipment	30,581
Accounts payable	(1,333		)
Accrued expenses	(1,756		)
Total net identifiable assets	37,363
Goodwill	23,400
Net assets acquired	$	60,763

The estimated fair value of the assets and liabilities acquired in connection with the Rogue transaction was as follows:

	Amount
	(in thousands)
Accounts receivable	$	4,031
Inventory	138
Prepaid expenses	78
Property and equipment	15,309
Identifiable intangible assets	5,600
Accrued expenses	(1,194		)
Total identifiable net assets	23,962
Goodwill	6,256
Net assets acquired	$	30,218

The estimated fair value of the assets and liabilities acquired in connection with the acquisition of Sun Well was as follows:

	Amount
	(in thousands)
Cash	$	3,561
Accounts receivable	7,233
Prepaid expenses and other current assets	782
Property and equipment	29,787
Identifiable intangible assets	27,300
Other long-term assets	714
Accounts payable	(1,036		)
Accrued expenses and other current liabilities	(2,030		)
Other long-term liabilities	(1,805		)
Long-term debt	(16,000		)
Capital lease obligations	(1,622		)
Deferred tax liabilities	(16,539		)
Total net identifiable assets	30,345
Goodwill	38,401
Net assets acquired	$	68,746

The estimated fair value of the assets and liabilities acquired in connection with the acquisition of UK Elite was as follows:

	Amount
	(in thousands)
Cash	$	1,126
Marketable securities	194
Accounts receivable	637
Prepaid expenses and other current assets	759
Identifiable intangible assets	1,050
Other assets	53
Accrued liabilities and other current liabilities	(2,577		)
Deferred income taxes	(447		)
Total identifiable net assets	795
Non-controlling interest	(563		)
Goodwill	2,018
Net assets acquired	$	2,250

The estimated fair value of the assets and liabilities acquired in connection with the Eagle Well transaction was as follows:

	Amount
	(in thousands)
Property and equipment	$	23,842
Identifiable intangible assets	14,300
Accrued expenses	(137		)
Total net identifiable assets	38,005
Goodwill	10,126
Net assets acquired	$	48,131

The estimated fair value of the assets and liabilities acquired in connection with the Baseball Heaven transaction was as follows:

	Amount
	(in thousands)
Accounts receivable	$	149
Loan receivable	15
Property and equipment	5,855
Identifiable intangible assets	235
Deferred revenue	(416		)
Total identifiable net assets	5,838
Goodwill	192
Net assets acquired	$	6,030

Business Acquisition, Pro Forma Information

The pro forma financial information is not necessarily indicative of what would have actually occurred had the acquisitions been consummated at the beginning of the year prior to the date of acquisition or results that may occur in the future.

	Fiscal Year Ended December 31,
	2013		2012
	(in thousands)
Net revenues	$	182,591	$	164,652
Net income from continuing operations	$	27,963	$	32,386
Net income	$	22,423	$	31,399
Net income attributable to Steel Excel Inc.	$	25,767	$	30,900