XML 32 R20.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Segment information
 6 Months Ended
Jul. 03, 2011
Segment information [Abstract]  
Segment information
 
15.   Segment information
 
Lakes’ segments reported below (in millions) are the segments of the Company for which separate financial information is available and for which operating results are evaluated by the chief operating decision-maker in deciding how to allocate resources and in assessing performance.
 
The Indian Casino Projects segment includes operations and assets related to the development, financing and management of gaming-related properties for the Shingle Springs Tribe, Pokagon Band, Jamul Tribe and Iowa Tribe. The Non-Indian Casino Projects segment includes operations and assets related to the development, financing and management of gaming-related properties in Mississippi and Ohio. The total assets in “Corporate and Eliminations” below primarily relate to Lakes’ cash and cash equivalents and the Lakes corporate office building. Costs in “Corporate and Eliminations” below have not been allocated to the other segments because these costs are not easily allocable and to do so would not be practical.
 
                                 
    Indian
 		    Non-Indian
 		             
    Casino
 		    Casino
 		    Corporate &
 		       
    Projects     Projects     Eliminations     Consolidated  
 
Three months ended July 3, 2011
                               
Revenue
  $ 28.1     $ —     $ 0.1     $ 28.2  
Impairment losses — other
    0.6       —       —       0.6  
Earnings (loss) from operations
    18.1       —       (2.3 )     15.8  
Depreciation expense
    —       —       0.1       0.1  
Amortization of intangible assets related to operating casinos
    9.2       —       —       9.2  
Three months ended July 4, 2010
                               
Revenue
  $ 4.8     $ —     $ —     $ 4.8  
Impairment losses — other
    0.7       —       —       0.7  
Earnings (loss) from operations
    0.6       —       (4.1 )     (3.5 )
Depreciation expense
    —       —       0.1       0.1  
Amortization of intangible assets related to operating casinos
    2.8       —       —       2.8  
Six months ended July 3, 2011
                               
Revenue
  $ 33.9     $ —     $ 0.1     $ 34.0  
Impairment losses — other
    1.5       —       —       1.5  
Earnings (loss) from operations
    21.8       —       (4.9 )     16.9  
Depreciation expense
    —       —       0.1       0.1  
Amortization of intangible assets related to operating casinos
    11.2       —       —       11.2  
Six months ended July 4, 2010
                               
Revenue
  $ 11.7     $ —     $ 0.1     $ 11.8  
Impairment losses — other
    3.4       —       —       3.4  
Earnings (loss) from operations
    3.0       —       (6.5 )     (3.5 )
Depreciation expense
    —       —       0.1       0.1  
Amortization of intangible assets related to operating casinos
    5.6       —       —       5.6  
As of July 3, 2011
                               
Total assets
  $ 58.1     $ 11.6     $ 66.7     $ 136.4  
Investment in unconsolidated investees
    —       8.4       —       8.4  
As of January 2, 2011
                               
Total assets
  $ 68.7     $ 6.9     $ 51.0     $ 126.6  
Investment in unconsolidated investees
    —       2.4       —       2.4