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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Acquisition

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective acquisition dates for HyperCube, PivotPoint, Contact One, WIPC, Unisfair, TFCC and POSTcti. The finite lived intangible assets are comprised of trade names, technology, non-competition agreements and customer relationships.

 

(Amounts in thousands)

   HyperCube      PivotPoint      Contact One     WIPC      Unisfair     TFCC      POSTcti  

Working Capital

   $ 1,212       $ 231       $ (390   $ 4,635       $ (3,011   $ 1,080       $ (1,255

Property and equipment

     10,114         307         56        1,484         339        3,304         18   

Other assets, net

     391         30         —          —           42        —           —     

Intangible assets

     19,110         10,791         2,785        48,610         10,960        17,250         3,859   

Goodwill

     49,723         11,542         5,189        79,538         15,216        18,870         11,221   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Total assets acquired

     80,550         22,901         7,640        134,267         23,546        40,504         13,843   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Non-current deferred taxes

     2,594         —           —          13,182         3,452        —           1,013   

Long-term liabilities

     50         —           —          1,047         —          —           8,537   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Total liabilities assumed

     2,644         —           —          14,229         3,452        —           9,550   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Net assets acquired

   $ 77,906       $ 22,901       $ 7,640      $ 120,038       $ 20,094      $ 40,504       $ 4,293   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 
Summary of Unaudited Pro Forma Results of Operations

Assuming acquisitions made since January 1, 2011, occurred as of the beginning of the prior annual reporting periods presented, our unaudited pro forma results of operations for the years ended December 31, 2012, 2011 and 2010, respectively, would have been as follows, in thousands:

 

     2012      2011     2010  

Revenue

   $ 2,654,400       $ 2,598,695      $ 2,552,516   

Net Income

   $ 124,871       $ 121,895      $ 38,345   

Earnings per common L share—basic

      $ 17.18      $ 17.07   

Earnings per common L share—diluted

      $ 16.48      $ 16.37   

Income (loss) per common share—basic

   $ 2.00       $ (4.56   $ (12.00

Income (loss) per common share—diluted

   $ 2.00       $ (4.56   $ (12.00