Acquisitions (Tables)

6 Months Ended

Jun. 30, 2016

Summary of Preliminary Allocation of Purchase Price for Acquisitions of Acquiree

The following summarizes the preliminary allocation of the purchase price for the acquisition of Citigroup AIS (in thousands):

	Citigroup AIS
Accounts receivable	$	57,789
Fixed assets		92
Other assets		1,856
Acquired client relationships and contracts		124,600
Completed technology		44,600
Goodwill		99,494
Deferred revenue		(3,910	)
Other liabilities assumed		(6,563	)
Consideration paid, net of cash acquired	$	317,958

Summary of Unaudited Pro Forma Information

The following unaudited pro forma condensed consolidated results of operations are provided for illustrative purposes only and assume that the acquisition of Citigroup AIS occurred on January 1, 2015 and acquisitions of Primatics Financial, Varden Technologies and Advent Software, Inc. occurred on January 1, 2014. This unaudited pro forma information (in thousands, except per share data) should not be relied upon as being indicative of the historical results that would have been obtained if the acquisitions had actually occurred on that date, nor of the results that may be obtained in the future.

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2016		2015		2016		2015
Revenues	$	381,246	$	392,392	$	764,155	$	777,016
Net income	$	34,756	$	3,942	$	53,995	$	854
Basic earnings per share	$	0.17	$	0.02	$	0.27	$	0.01
Basic weighted average number of common shares outstanding		198,765		170,810		198,143		169,674
Diluted earnings per share	$	0.17	$	0.02	$	0.26	$	0.00
Diluted weighted average number of common and common equivalent shares outstanding		204,916		179,104		204,596		177,974