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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2014
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date.
(in thousands)
 
As of May 20, 2014
Cash and cash equivalents
 
$
103,319

Derivative assets
 
26,597

Other current assets
 
2,902

Intangible assets
 
102,841

Other long-term assets
 
627

Total assets acquired
 
236,286

 
 
 
Trade accounts payable
 
(1,253
)
Accrued expenses and other current liabilities
 
(7,037
)
Derivative liabilities
 
(18,187
)
Settlement obligations and customer deposits
 
(97,781
)
Deferred tax liabilities
 
(23,524
)
Other long-term liabilities
 
(677
)
Total liabilities assumed
 
(148,459
)
 
 
 
Goodwill
 
156,748

 
 
 
Net assets acquired
 
$
244,575

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
The intangible assets of the Acquired Companies are being amortized on a straight-line basis, and the estimated fair values consist of the following:

(in thousands)
 
Fair Value
 
Estimated
Useful Life
Proprietary software
 
$
61,704

 
10 years
Customer relationships
 
26,764

 
8 years
Trade names
 
12,247

 
20 years
Non-compete agreements
 
2,126

 
3 years
Total intangible assets
 
$
102,841