Acquisitions (Tables)

9 Months Ended

Sep. 30, 2014

The following table summarizes the provisional fair values previously reported, the measurement period adjustments recognized in 2014, and the revised fair values of the assets and liabilities acquired.



	Previously Reported			Measurement Period Adjustments			Revised
	(in thousands)
Accounts receivable	$	9,663		$	451		$	10,114
Prepaid expenses and other current assets	208			111			319
Property and equipment	30,581			(493		)	30,088
Intangible assets	—			12,210			12,210
Accounts payable	(1,333		)	(251		)	(1,584		)
Accrued expenses	(1,756		)	(404		)	(2,160		)
Total identifiable net assets acquired	37,363			11,624			48,987
Goodwill	23,400			(12,824		)	10,576
Net assets acquired	$	60,763		$	(1,200	)	$	59,563

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.



	Three Months Ended September 30, 2013		Nine Months Ended September 30, 2013
	(in thousands. except per-share data)
Net revenues	$	48,696	$	133,634
Net income from continuing operations	$	6,890	$	14,811
Net income	$	6,002	$	13,334
Net income attributable to Steel Excel Inc.	$	6,313	$	14,160
Net income per share attributable to Steel Excel Inc. - Basic	$	0.50	$	1.11
Net income per share attributable to Steel Excel Inc. - Diluted	$	0.50	$	1.11