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Business Combination Business Combination (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Business Combination, Purchase Price Consideration [Table Text Block]
The purchase price of Stream consisted of the following items:
Cash consideration for Stream stock (1)
$
481.0

Cash consideration for Stream stock options (2)
16.1

Cash consideration for repayment of Stream 11.25% Senior Secured Notes (3)
243.0

Cash consideration for repayment of Stream 10.0% Promissory Notes (4)
19.3

Cash consideration for repayment of Stream Revolving Credit Facility (5)
63.4

Cash consideration for transaction expenses of Stream (6)
7.8

Total cash consideration
830.6

Cash acquired (7)
(28.0
)
Net consideration transferred
$
802.6


(1)
The cash consideration for the outstanding shares of Stream’s common stock, which includes final settlement for working capital. Stream outstanding common shares totaled 0.7 as of March 3, 2014.
(2)
The cash consideration paid for “in the money” stock option awards.
(3)
The cash consideration to repay Stream’s 11.25% Senior Secured Notes due 2014, which reflects the aggregate principal and interest amounts of $230.0 and $13.0, respectively, as of March 3, 2014.
(4)
The cash consideration to repay Stream’s 10.0% Promissory Notes, which reflects the aggregate principal and interest amounts of $16.1 and $3.2, respectively, as of March 3, 2014.
(5)
The cash consideration to repay Stream’s Revolving Credit Facility, which reflects the aggregate principal and interest amounts of $63.1 and $0.3, respectively, as of March 3, 2014.
(6)
Pursuant to the Merger Agreement, Convergys reimbursed the holders of Stream common stock for expenses incurred by Stream in connection with the merger. These expenses primarily related to third-party consulting services.
(7)
Represents the Stream cash balance acquired at acquisition.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

  
March 3, 2014
Assets:
 
Receivables
$
197.9

Other current assets
13.5

Property and equipment
159.3

Goodwill
276.5

Intangible assets
370.4

Other assets
7.9

Liabilities:
 
Accounts payable
$
(12.3
)
Accrued expenses
(100.3
)
Other current liabilities
(3.6
)
Debt
(34.6
)
Deferred tax - net
(59.4
)
Other long-term liabilities
(12.7
)
Total purchase price
$
802.6

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
The following details the total intangible assets identified:
Intangible asset type
Value
Life (years)
Customer relationship
$
352.0

 
17
 
Trade name
17.0

 
4
 
Favorable lease contract
1.4

1
-
7
Total
$
370.4

 
 
 
Business Acquisition, Pro Forma Information, Nonrecurring Adjustments [Table Text Block]

  
Year Ended December 31,
Unaudited pro forma information
2014
2013
Revenues
$
3,026.9

$
3,061.8

Income from Continuing Operations, net of tax
$
110.8

$
56.0

 
 
 
Earnings from Continuing Operations per share
 
 
Basic
$
1.10

$
0.54

Diluted
$
1.04

$
0.51

 
 
 
Weighted average common shares outstanding
 
 
Basic
100.7

103.3

Diluted
106.2

109.2