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Investments and Acquisition Activities (Tables)
12 Months Ended
Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The purchase price totaled $1.8 billion (excluding assumed debt). We funded the cash required for the acquisition largely with debt financing. See discussion of new debt in Note 3, Long-Term Debt. The purchase price was comprised of the following (in thousands):
Consideration for Ameristar equity
 
 
$
962,428

Repayment of Ameristar debt
 
 
878,828

 
 
 
$
1,841,256


Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table reflects the preliminary allocation of the purchase price to the tangible and identifiable intangible
assets acquired and liabilities assumed, with the excess recorded as goodwill (in thousands).
Current and other assets

 
 
$
152,165

Property and equipment

 
 
1,783,735

Goodwill

 
 
860,805

Intangible assets
 
 
524,200

Other non-current assets
 
 
39,496

   Total assets
 
 
3,360,401

 
 
 
 
Current liabilities

 
 
179,493

Deferred tax liabilities

 
 
218,646

Other long-term liabilities

 
 
8,109

Debt

 
 
1,112,897

   Total liabilities
 
 
1,519,145

   Net assets acquired
 
 
$
1,841,256

Schedule of Property, Plant and Equipment Acquired in a Business Acquisition [Table Text Block]

The following table summarizes the acquired property and equipment. These are preliminary and may change as the purchase price allocation is finalized.
 
 
 
As Recorded at Fair Value
 
 
 
(in thousands)
Land and land improvements
 
 
$
162,770

Buildings, vessels and improvements
 
 
1,308,151

Furniture, fixtures and equipment
 
 
158,999

Construction in progress (a)
 
 
153,815

Total property and equipment acquired
 
 
$
1,783,735

(a) Included in acquired construction in progress is Ameristar Casino Resort Spa Lake Charles. Ameristar Casino Resort Spa Lake Charles assets were sold in November 2013. See Note 8, Discontinued Operations, for further detail.
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
The following table summarizes the acquired intangible assets. These values are preliminary and may change as the purchase price allocation is finalized.
 
 
 
As Recorded at Fair Value
 
 
 
(in thousands)
Trade names
 
 
$
187,000

Gaming licenses
 
 
258,800

Player relationships
 
 
74,000

Favorable leasehold interests
 
 
4,400

 
 
 
$
524,200

Schedule of Financial Results Since Acquisition Date [Table Text Block]
The following table includes the financial results for the acquired Ameristar entities included in our Consolidated Statement of Operations since the acquisition date:
 
 
 
Period from August 13, 2013 to December 31, 2013
 
 
 
(in thousands)
Net revenues
 
 
$
425,767

Net income
 
 
$
34,495

Business Acquisition, Pro Forma Information [Table Text Block]
The following table includes unaudited pro forma consolidated financial information assuming our acquisition of Ameristar had occurred as of January 1, 2012. The pro forma financial information does not necessarily represent the results that may occur in the future. The pro forma amounts include the historical operating results of Pinnacle and Ameristar prior to the acquisition, with adjustments directly attributable to the acquisition. The pro forma results include increases to depreciation and amortization expense based on the fair values of the intangible assets and fixed assets acquired, amounting to $72.7 million and $120.8 million for the years ended December 31, 2013 and 2012, respectively. The pro forma results also included increases to interest expense, related to the debt issued and assumed in the acquisition, in the amount of $105.2 million and $147.9 million for the year ended December 31, 2013 and 2012, respectively. Lastly, the pro forma results also reflect adjustments for the impact of the extinguishment of Pinnacle's debt in connection with the transaction, acquisition costs and tax expense assuming Ameristar was part of the Company for the full pro forma periods presented.
 
 
Year Ended December 31,
 
 
2013
 
2012
 
(in thousands, except per share data)
Net revenues
 
$
2,209,143

 
$
2,198,057

Net income (loss) from continuing operations
 
$
(59,792
)
 
$
34,529

Basic income (loss) per share
 
$
(1.02
)
 
$
0.56

Diluted income (loss) per share
 
$
(1.02
)
 
$
0.56