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Consolidated Core Companies (Tables)
 12 Months Ended
Dec. 31, 2012
Allocation of Purchase Price for Acquisitions and Enterprise Value of Channel Intelligence

The allocation of the purchase price for each of the above acquisitions (including allocations that are not yet finalized as of December 31, 2012) and the allocation of the enterprise value of SeaPass is as follows (in thousands):

 

     SeaPass     MSDSonline     Media IQ      UAI  

Net assets acquired:

          

Goodwill

    $ 57,996      $ 15,847      $ 9,491       $ 2,922   

Customer lists (8-11 year life)

      15,902        20,440        6,200         3,100   

Technology (5-10 year life)

      3,348        1,900        900         1,050   

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

      6,696        6,800        600         —     

Non-compete agreements (3-5 year life)

      2,511        3,580        268         160   

Other net assets (liabilities)

      (5,850 )      1,170        316         (505 ) 
  

 

 

    

 

 

    

 

 

     

 

 

  
     80,603        49,737        17,775         6,727   

Noncontrolling interest (1)

      (31,824 )      (1,355 )      —           —     
  

 

 

    

 

 

    

 

 

     

 

 

  
   $ 48,779      $ 48,382      $ 17,775       $ 6,727   
  

 

 

    

 

 

    

 

 

     

 

 

  

 

(1)

ICG estimated the fair value of the noncontrolling interest of MSDSonline with consideration of discounts for lack of control and lack or marketability. See Note 16, “Redeemable Noncontrolling Interest” with respect to MSDSonline. The amount of noncontrolling interest for SeaPass is reflected in the line item “Impact of consolidated subsidiaries transactions” on ICG’s Consolidated Statements of Changes in Equity during the year ended December 31, 2012.
Pro Forma Information

The information in the following table represents revenue, net income (loss) attributable to ICG Group, Inc. and net income (loss) per diluted share attributable to ICG Group, Inc. for the relative periods, had ICG made the acquisitions noted above and owned 85%, 96%, 92%, 52% and 53% of Procurian (including its MediaIQ and UAI acquisitions), MSDSonline, GovDelivery (excluding GovDocs), CIML and SeaPass, respectively, and included their respective results in ICG’s consolidated results for the years ended December 31, 2012 and 2011, respectively.

 

     Year Ended December 31,  
     2012      2011  
     (in thousands, except for
share data)		  

Revenue

    $ 183,995       $ 165,551   
  

 

 

     

 

 

  

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

    $ 21,511       $ 27,860   
  

 

 

     

 

 

  

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

    $ 0.59       $ 0.74