XML 68 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 46,677 $ 73,602
Restricted cash 20,264 0
Marketable securities 169,635 178,485
Accounts receivable, net of allowance for doubtful accounts of $0 29,930 25,355
Deferred income taxes 15 0
Prepaid expenses and other current assets 5,133 5,870
Current assets of discontinued operations 31 31
Total current assets 271,685 283,343
Property and equipment, net 108,337 105,890
Goodwill 67,530 67,530
Intangible assets, net 38,017 44,438
Other investments 28,540 25,844
Investments in equity method investees ($26,871 at fair value in 2014) 32,728 8,339
Deferred income taxes 3,732 1,556
Other long-term assets 1,440 1,754
Total assets 552,009 538,694
Current liabilities:    
Accounts payable 4,460 4,754
Accrued expenses and other liabilities 10,942 7,763
Financial instrument obligations 20,264 0
Current portion of long-term debt 13,214 13,214
Current portion of capital lease obligations 412 412
3/4% convertible senior subordinated notes 0 346
Deferred income taxes 3,838 3,612
Current liabilities of discontinued operations 987 987
Total current liabilities 54,117 31,088
Capital lease obligations, net of current portion 283 572
Long-term debt, net of current portion 69,375 79,286
Deferred income taxes 2,373 0
Other long-term liabilities 3,715 3,813
Total liabilities 129,863 114,759
Commitments and contingencies      
Stockholders' equity:    
Common stock ($0.001 par value, 40,000 shares authorized; 14,224 and 14,508 shares issued in 2014 and 2013, respectively; 11,410 and 12,005 shares outstanding in 2014 and 2013, respectively) 14 14
Additional paid-in capital 267,047 274,826
Accumulated other comprehensive income 10,680 6,516
Retained earnings 225,918 213,967
Treasury stock, at cost (2014 - 2,814 shares; 2013 - 2,503 shares) (81,355) (71,001)
Total Steel Excel Inc. stockholders' equity 422,304 424,322
Non-controlling interest (158) (387)
Total stockholders' equity 422,146 423,935
Total liabilities and stockholders' equity $ 552,009 $ 538,694