Business and Intangible Asset Acquisitions (Tables)

12 Months Ended

May 31, 2014

Schedule of Business and Intangible Asset Acquisitions

In the years ended May 31, 2014, 2013, and 2012, we acquired the following businesses and intangible assets:



	Date Acquired	Percentage Ownership

Fiscal 2014
American Express merchant portfolio (Czech Republic)	October 24, 2013	100	%
PayPros (United States)	March 4, 2014	100	%

Fiscal 2013
Accelerated Payment Technologies (United States)	October 1, 2012	100	%
Banca Civica (Spain)	December 12, 2012	100	%

Fiscal 2012
Alfa-Bank (Russian Federation)	December 5, 2011	100	%
HSBC Malta (Republic of Malta)	December 30, 2011	100	%
CyberSource merchant portfolio (United States)	January 31, 2012	100	%

PayPros [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary purchase price allocation (in thousands):



Goodwill	$	271,577
Customer-related intangible assets	147,500
Contract-based intangible assets	31,000
Acquired technology	10,700
Fixed assets	1,680
Other assets	4,230
Total assets acquired	466,687
Deferred income taxes	(38,949		)
Net assets acquired	$	427,738

Business Acquisition, Pro Forma Information

The following pro forma information shows the results of our operations for fiscal year ended May 31, 2014 and May 31, 2013 as if the PayPros acquisition had occurred June 1, 2012. The pro forma information is presented for information purposes only and is not necessarily indicative of what would have occurred if the acquisition had been made as of that date. The pro forma information is also not intended to be a projection of future results due to the integration of the acquired business.



	Year Ended May 31,
	Unaudited
	2014		2014		2013		2013
	(Actual)		(Pro forma)		(Actual)		(Pro forma)
	(in thousands, except per share data)
Total revenues	$	2,554,236	$	2,628,547	$	2,375,923	$	2,465,319
Net income attributable to Global Payments	$	245,286	$	241,272	$	216,125	$	207,032

Net income per share attributable to Global Payments, basic	$	3.40	$	3.35	$	2.78	$	2.66
Net income per share attributable to Global Payments, diluted	$	3.37	$	3.32	$	2.76	$	2.65

Accelerated Payment Technologies (United States) [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation (in thousands):



Goodwill	$	308,518
Customer-related intangible assets	97,200
Contract-based intangible assets	30,600
Acquired technology	15,000
Fixed assets	1,309
Other assets	3,708
Total assets acquired	456,335
Deferred income taxes	(46,167		)
Net assets acquired	$	410,168

Business Acquisition, Pro Forma Information

The following pro forma information shows the results of our operations for fiscal year ended May 31, 2013 and May 31, 2012 as if the APT acquisition had occurred June 1, 2011. The pro forma information is presented for information purposes only and is not necessarily indicative of what would have occurred if the acquisition had been made as of that date. The pro forma information is also not intended to be a projection of future results due to the integration of the acquired business.



	Year Ended May 31,
	Unaudited
	2013		2013		2012		2012
	(Actual)		(Pro forma)		(Actual)		(Pro forma)
	(in thousands, except per share data)
Total revenues	$	2,375,923	$	2,380,098	$	2,203,847	$	2,212,066
Net income attributable to Global Payments	$	216,125	$	217,122	$	188,161	$	183,387

Net income per share attributable to Global Payments, basic	$	2.78	$	2.79	$	2.39	$	2.33
Net income per share attributable to Global Payments, diluted	$	2.76	$	2.78	$	2.37	$	2.31

Banca Civica [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation (in thousands):



Goodwill	$	4,445
Customer-related intangible assets	4,576
Contract-based intangible assets	13,858
Net assets acquired	$	22,879

Alfa-Bank [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation (in thousands):



Goodwill	$	3,021
Customer-related intangible assets	7,004
Fixed assets	1,137
Other assets	2,888
Net assets acquired	$	14,050

Merchant Acquiring Business, Malta [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation (in thousands):



Goodwill	$	6,341
Customer-related intangible assets	4,543
Contract-based intangible assets	2,796
Fixed assets	798
Net assets acquired	$	14,478