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Condensed Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows From Operating Activities:    
Net income (loss) attributable to Steel Excel Inc. $ 3,310 $ (1,888)
Less: Loss from discontinued operations   (2,348)
Net income from continuing operations, net of taxes 3,310 460
Adjustments to reconcile net income from continuing operations, to net cash provided by (used in) operating activities of continuing operations:    
Stock-based compensation expense 620 25
Depreciation and amortization 5,001 1,831
Accretion and amortization related to marketable securities, net 258 439
Adjustment of deferred income taxes (1,818) 153
Loss on disposal of long-lived assets 23  
Net loss attributable to non-controlling interest (336) (580)
Changes in current assets and liabilities:    
Accounts receivable 2,067 (6,926)
Prepaid expenses and other current assets (2,130) (1,408)
Other assets 119 (18)
Accounts payable (2,059) 2,124
Accrued expenses and other liabilities 3,384 1,063
Net cash provided by (used in) operating activities of continuing operations 8,439 (2,837)
Net cash used in operating activities of discontinued operations   (709)
Net cash provided by (used in) operating activities 8,439 (3,546)
Cash Flows From Investing Activities:    
Purchases of net assets in acquisitions   (48,131)
Purchases of property and equipment (2,459) (1,625)
Investment in associated company (4,000)  
Investment by non-controlling interest   75
Purchases of marketable securities (47,192) (198,630)
Sales of marketable securities 8,315 261,312
Maturities of marketable securities 56,045 27,500
Net cash provided by investing activities 10,709 40,501
Cash Flows From Financing Activities:    
Repurchases of common stock (2,098)  
Repayments of capital lease obligations (106)  
Repayments of long-term debt (13,000)  
Net cash used in financing activities (15,204)  
Net increase in cash and cash equivalents 3,944 36,955
Effect of foreign currency translation on cash and cash equivalents   (4)
Cash and cash equivalents, beginning balance 71,556 8,487
Cash and cash equivalents, ending balance $ 75,500 $ 45,438