Acquisitions (Tables) - Cadillac Jack [Member]

9 Months Ended

Sep. 30, 2015

Summary of consideration paid for the Acquisition

The following summarizes the consideration paid for Cadillac Jack (in thousands):



Contractual cash purchase price adjusted for working capital	$	369,760
Seller note	12,000
Contingent receivable	(1,300		)
Total consideration	$	380,460

Summary of purchase price allocation to the estimated fair values of the assets acquired and liabilities assumed

Our estimates of the fair values of depreciable tangible assets are as follows (in thousands):

The preliminary allocation of the purchase price to the estimated fair values of the assets acquired and the liabilities assumed was as follows (in thousands):



	At May 29, 2015
Currents assets⁽¹⁾	$	38,162
Property and equipment	29,634
Goodwill	178,419
Intangible assets	199,752
Other long-term assets	38,690
Total assets	484,657
Current liabilities	8,636
Deferred tax liability non-current	41,001
Other long-term liabilities	54,560
Total equity purchase price	$	380,460

Estimates of the fair values of identifiable intangible assets acquired

Our estimates of the fair values of identifiable intangible assets are as follows (in thousands):



	Fair values at May 29, 2015		Average remaining useful life (in years)
Trade names	$	3,000	5
Brand names	10,600		3 - 5
Customer relationships	107,000		5 - 12
Gaming software and technology platforms	79,152		2 - 7
Total intangible assets	$	199,752

Business Combination, Pro Forma Information, Actual Since Acquisition

The revenue and net loss of Cadillac Jack from the acquisition date through September 30, 2015, are presented below and included in our condensed consolidated statements of operations and comprehensive loss. These amounts are not necessarily indicative of the results of operations that Cadillac Jack would have realized if it had continued to operate as a stand-alone company during the period presented, primarily due to the elimination of certain headcount and administrative costs since the acquisition date resulting from integration activities or due to costs that are now reflected in our unallocated corporate costs and not allocated to Cadillac Jack.



	From May 29, 2015 through September 30, 2015
Revenue	$	26,033
Net loss	$	8,309

Business Acquisition, Pro Forma Information

The following unaudited pro forma statements of operations give effect to the Cadillac Jack acquisition as if it had been completed on January 1, 2014. The unaudited pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of what the operating results actually would have been during the periods presented had the acquisition been completed on January 1, 2014. In addition, the unaudited pro forma financial information does not purport to project future operating results. This information is preliminary in nature and subject to change based on final purchase price adjustments. The pro forma statements of operations do not reflect: (1) any anticipated synergies (or costs to achieve synergies) or (2) the impact of non-recurring items directly related to the Cadillac Jack acquisition.



	Three months ended September 30,				Nine months ended September 30,
	2015		2014		2015		2014
Revenue	$	38,105	$	38,872	$	116,014	$	123,660
Net loss	$	19,769	$	16,088	$	47,375	$	44,278

Fair values at May 29, 2015

Average remaining useful life (in years)

Gaming equipment

Other property and equipment

Total property and equipment