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Steel Excel (Steel Excel) Allowance For Loans And Lease Losses


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What is Steel Excel Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Steel Excel (Steel Excel) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Steel Excel Inc (OTCPK:SXCL) » Definitions » Allowance For Loans And Lease Losses
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Steel Excel Inc formerly known as Adaptec Inc was incorporated in California on 1981. The Company together with it subsidiaries operates in two segments Energy and Sports. The Company's Energy business provides drilling and production services to the oil and gas industry. Its Sports business provides event-based sports services and other health-related services. The Company also continues to identify business acquisition opportunities in other unrelated industries. The Energy business provides various services to exploration and production companies in the oil and gas business. The services provided include well completion and recompletion, snubbing, flow testing, well maintenance and workover, down hole pumping, plug and abatement, and rental of auxiliary equipment. The Sports business provides baseball facility services, soccer camps and leagues, and strength and conditioning services. The baseball facility services, which include tournaments, camps, field rentals and player and umpire instruction, are provided at its facility that is equipped with four full-sized outdoor fields, three smaller youth-sized outdoor fields, and an indoor facility. Soccer camps and leagues are run at facilities owned by municipalities or schools and are run either in conjunction with local youth soccer leagues or as a stand-alone offering. Strength and conditioning services are provided at the two CrossFit facilities. The Company's businesses are subject to multiple federal, state, and local laws and regulations pertaining to worker safety, the handling of hazardous materials, transportation standards, and the environment.
Executives
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
John Mutch director C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
John J Quicke director, other: See Explanation of Responses C/O SEQUA CORP, 200 PARK AVENUE, 44TH FL, NEW YORK NY 10166
Jack L Howard director, officer: Principal Exec Officer, other: See Explanation of Responses 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Warren G Lichtenstein director, officer: President of Subsidiary, other: See Explanation of Responses C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mccabe James F Jr officer: CFO, other: See explanation of responses C/O WHX CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580
Leonard J Mcgill officer: VP, General Counsel & Secy, other: See Explanation of Responses 3125 MYERS STREET, RIVERSIDE CA 92503
Bns Holding, Inc. other: See Explanation of Responses 61 EAST MAIN STREET, SUITE B, LOS GATOS CA 95031
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mark A Zorko officer: Chief Financial Officer, other: See Explanation of Responses 9265 FAWN LAKE DR, RALEIGH NC 27617
Lawrence Ruisi director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11