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Consolidated Core Companies (Tables)
 9 Months Ended
Sep. 30, 2012
Consolidated Core Companies [Abstract]  
Estimate of allocation of acquisition purchase price

The allocation of the purchase price for each of the above acquisitions (including allocations that are not yet finalized as of September 30, 2012) and the allocation of the enterprise value of Channel Intelligence is as follows (in thousands):

 

                                 
    MSDSonline     Channel
Intelligence		     Media IQ     UAI  

Net assets acquired:

                                

Goodwill

   $ 15,847     $ 47,055     $ 9,491     $ 3,676  

Customer lists (8-11 year life)

     20,440       11,000       6,200       1,750  

Technology (5-10 year life)

     1,900       5,530       900       —    

Trademarks, trade names and domain names (11-15 year life)

     6,800       7,600       600       —    

Non-compete agreements (3-5 year life)

     3,580       —         268       200  

Licensing Agreements (2-10 year life)

     —         4,140       —         —    

Other net assets (liabilities)

     1,170       2,927       316       1,101  
   

 

 

    

 

 

    

 

 

    

 

 

  
      49,737       78,252       17,775       6,727  

Noncontrolling interest (1)

     (1,355 )      (33,589 )      —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 48,382     $ 44,663     $ 17,775     $ 6,727  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) 

ICG estimated the fair value of the noncontrolling interest of MSDSonline and Channel Intelligence with consideration of discounts for lack of control and lack or marketability. See Note 13, “Redeemable Noncontrolling Interest” with respect to MSDSonline. The amount of noncontrolling interest for Channel Intelligence is reflected in the line item “Impact of consolidated subsidiaries transactions” on ICG’s Consolidated Statements of Changes in Equity at September 30, 2012.

Summary of Acquisition allocation

The pro forma information in the following table also includes the effect of Procurian’s acquisitions of Media IQ and UAI had these two acquired businesses been included in Procurian’s results for the nine-month period ended September 30, 2012 and the three and nine-month periods ended September 30, 2011.

 

                                 
    Three Months Ended
September 30,		     Nine Months Ended
September  30,		  
    2012     2011     2012     2011  
    (in millions, except per share data)  

Revenue

   $ 52.2     $ 46.7     $ 153.3     $ 138.0  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income (loss) attributable to ICG Group, Inc.

   $ 21.3     $ (2.6 )    $ 8.6     $ 10.2  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net income (loss) per diluted share attributable to ICG Group, Inc.

   $ 0.59     $ (0.07 )    $ 0.24     $ 0.27