XML 69 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company currently reports its business in two reportable segments - Energy and Sports. The Company measures profit or loss of its segments based on operating income (loss).

Segment information relating to the Company's results of continuing operations was as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(in thousands)
Revenues
 
 
 
 
 
 
 
Energy
$
47,153

 
$
27,071

 
$
91,066

 
$
53,110

Sports
4,771

 
1,690

 
6,017

 
2,002

Total revenues
$
51,924

 
$
28,761

 
$
97,083

 
$
55,112

 
 
 
 
 
 
 
 
Operating income (loss)
 
 
 
 
 
 
 
Energy
$
7,905

 
$
3,392

 
$
13,372

 
$
6,619

Sports
(10
)
 
(307
)
 
(2,042
)
 
(1,293
)
Total segment operating income
7,895

 
3,085

 
11,330

 
5,326

Corporate and other business activities
(3,872
)
 
(2,357
)
 
(7,361
)
 
(4,624
)
Interest income, net
488

 
1,246

 
1,209

 
1,869

Other income (expense), net
654

 
(1,278
)
 
3,582

 
(139
)
Income from continuing operations before income taxes and equity method income
$
5,165

 
$
696

 
$
8,760

 
$
2,432

 
 
 
 
 
 
 
 
Depreciation and amortization expense:
 
 
 
 
 
 
 
Energy
$
5,612

 
$
4,682

 
$
11,405

 
$
9,537

Sports
402

 
149

 
772

 
288

Total depreciation and amortization expense
$
6,014

 
$
4,831

 
$
12,177

 
$
9,825



Segment information related to the Company's assets was as follows:
 
 
June 30, 2014
 
December 31, 2013
 
(in thousands)
Sports
$
20,861

 
$
20,495

Energy
251,848

 
244,413

Corporate and other business activities
301,795

 
273,798

Total assets
$
574,504

 
$
538,706