Overview:
The ICM calculator calculates your luck and EV for Tournament hands. To open the ICM calculator, click the ICM button in the bottom right of the Hand Replayer when Re-playing tournament hands.
In this hand, Mglmstr was basically drawing dead so his EV was $.05 for the 2% chance he had of winning the hand. Now if Ogni73 lost the hand, he would've lost $3.95 in EV to Mglmstr.
Bottom Line: The ICM calculator ties $ amounts to your chips and calculates how much money you won or lost based on All-in situations.