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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques
Set forth below are the classes of assets and liabilities measured at fair value on a non-recurring basis at December 31, 2015:
 
 
Level 1
 
Level 2
 
Level 3
 
Book Value as of December 31, 2015
 
Total Loss
 
Valuation Technique
 
Weighted-Average Discount Rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and Equipment - Waukegan facility (1)
 
$—
 
$—
 
$15.0
 
$14.5
 
$(6.6)
 
Market Approach
 
n/a
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill - SG gaming reporting unit
 
$—
 
$—
 
$1,084.6
 
$1,084.6
 
$(935.0)
 
Discounted Cash Flow/Market Approach
 
9%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill - U.S. lottery systems reporting unit
 
$—
 
$—
 
$—
 
$—
 
$(67.6)
 
Discounted Cash Flow/Market Approach
 
8%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles - Trade Names (2)
 
$—
 
$—
 
$97.5
 
$95.6
 
$(128.6)
 
Relief-From-Royalty Method
 
9%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
_______________________________________________________________________________________________________________________
(1)
In accordance with ASC 360, the book value of the Waukegan facility as of December 31, 2015 is reduced by estimated selling costs of $0.5 million.
(2)
The book value of the trade name assets as of December 31, 2015 includes additional amortization of $1.9 million recorded after the fair value measurement date.
et forth below are the classes of assets and liabilities measured at fair value on a non-recurring basis at December 31, 2014:
 
 
Level 1
 
Level 2
 
Level 3
 
Book Value as of December 31, 2014
 
Total Loss
 
Valuation Technique
 
Weighted-Average Discount Rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and Equipment - Maryland Contract
 
$—
 
$—
 
$3.3
 
$3.3
 
$(3.1)
 
Discounted Cash Flow
 
9%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and Equipment - Waukegan facility
 
$—
 
$—
 
$21.1
 
$21.1
 
$(9.4)
 
Market Approach
 
n/a
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity Investment in Northstar Illinois
 
$—
 
$—
 
$—
 
$—
 
$(19.7)
 
Discounted Cash Flow
 
n/a
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles - Trade Names
 
$—
 
$—
 
$51.0
 
$51.0
 
$(6.0)
 
Relief-From-Royalty Method
 
8.5%