Business Acquisitions (Tables)

9 Months Ended

Jun. 30, 2011

Summary of Preliminary Allocation of Purchase Consideration

A summary of the preliminary allocation of the purchase consideration for Equitrac and SVOX is as follows (in thousands):

	Equitrac			SVOX
Total purchase consideration:
Cash	$	161,950		$	80,919
Deferred acquisition payment		—			42,990
Total purchase consideration	$	161,950		$	123,909
Allocation of the purchase consideration:
Cash	$	115		$	—
Accounts receivable(a)		10,724			910
Inventory		2,462			—
Goodwill		87,705			92,478
Identifiable intangible assets(b)		91,900			42,165
Other assets		10,617			2,728
Total assets acquired		203,523			138,281
Current liabilities		(3,262	)		(9,542	)
Deferred tax liability		(38,311	)		(4,830	)
Total liabilities assumed		(41,573	)		(14,372	)
Net assets acquired	$	161,950		$	123,909

(a)	Accounts receivable have been recorded at their estimated fair values, which consists of the gross accounts receivable assumed of $12.7 million, reduced by a fair value reserve of $1.1 million representing the portion of contractually owed accounts receivable which we do not expect to be collected.
(b)	The following are the identifiable intangible assets acquired and their respective weighted average useful lives, as determined based on preliminary valuations (table in thousands, except for years):

	Equitrac				SVOX
			Weighted Average				Weighted Average
	Amount		Life (Years)		Amount		Life (Years)
Customer relationships	$	55,800		15.0	$	35,612		13.4
Core and completed technology		22,000		7.0		6,268		5.0
Trade name		14,100		10.0		285		3.0
Total	$	91,900			$	42,165

Pro Forma Results of Operations

The following table shows unaudited pro forma results of operations as if we had acquired SpinVox, Equitrac and SVOX on October 1, 2009 (dollars in thousands, except per share amounts):

	Three Months Ended					Nine Months Ended
	June 30,					June 30,
	2011		2010			2011		2010
Revenue	$	348,877	$	287,521		$	1,007,734	$	865,305
Net income (loss)		39,857		(5,236	)		34,564		(55,147	)
Net income (loss) per share	$	0.13	$	(0.02	)	$	0.11	$	(0.19	)

Components of Acquisition-Related Costs, Net

The components of acquisition-related costs, net are as follows (dollars in thousands):

	Three Months Ended					Nine Months Ended
	June 30,					June 30,
	2011		2010			2011		2010
Transition and integration costs	$	453	$	3,383		$	1,506	$	12,035
Professional service fees		7,775		3,079			11,107		14,933
Acquisition-related adjustments		367		(337	)		1,297		(76	)
Total	$	8,595	$	6,125		$	13,910	$	26,892