XML 55 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2014
May 31, 2014
Current assets:    
Cash and cash equivalents $ 595,884 $ 581,872
Accounts receivable, net of allowances for doubtful accounts of $531 and $401, respectively 206,641 214,574
Claims receivable, net 758 809
Settlement processing assets 1,141,608 780,917
Inventory 5,660 6,636
Deferred income taxes 12,793 12,963
Prepaid expenses and other current assets 43,380 45,673
Total current assets 2,006,724 1,643,444
Goodwill 1,324,374 1,337,285
Other intangible assets, net 511,265 535,173
Property and equipment, net 363,415 369,753
Deferred income taxes 100,813 101,928
Other 32,765 31,067
Total assets 4,339,356 4,018,650
Current liabilities:    
Lines of credit 652,157 440,128
Current portion of long-term debt 31,250 17,677
Accounts payable and accrued liabilities 248,639 290,106
Settlement processing obligations 634,061 451,317
Income taxes payable 13,390 12,390
Total current liabilities 1,579,497 1,211,618
Long-term debt 1,388,750 1,376,002
Deferred income taxes 209,941 209,099
Other long-term liabilities 90,655 89,132
Total liabilities 3,268,843 2,885,851
Commitments and contingencies      
Equity:    
Preferred stock, no par value; 5,000,000 shares authorized and none issued 0 0
Common stock, no par value; 200,000,000 shares authorized; 67,672,753 issued and outstanding at August 31, 2014 and 68,845,643 issued and outstanding at May 31, 2014 0 0
Paid-in capital 139,141 183,023
Retained earnings 822,461 815,980
Accumulated other comprehensive loss (19,351) (1,776)
Total Global Payments shareholders’ equity 942,251 997,227
Noncontrolling interests 128,262 135,572
Total equity 1,070,513 1,132,799
Total liabilities and equity $ 4,339,356 $ 4,018,650