XML 54 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed
The consolidated and combined financial statements include the operating results of Cervalis from the date of acquisition. The following table summarizes the estimated fair values of all assets acquired and liabilities assumed at the date of acquisition:

Cash
$
1.1

Rent and other receivables
10.5

Restricted cash
8.8

Net investment in real estate
197.8

Goodwill
177.2

Customer relationships
117.4

Trade name
2.3

Other long-term assets
7.3

   Total assets acquired
522.4

 
 
Current liabilities
18.3

Capital lease obligations
1.7

Long-term debt
1.5

Other arrangements
101.4

   Total liabilities
122.9

Net assets acquired attributable to CyrusOne Inc.
399.5

Cash acquired
(1.1
)
Net cash paid at acquisition
398.4

Pro Forma
The unaudited pro forma combined historical results of CyrusOne, as if Cervalis had been acquired and the financing transactions had been consummated as of January 1, 2014 are:
IN MILLIONS
 
 
 
 
For the year ended December 31,
 
2015
 
2014
Revenue
 
438.6

 
399.0

Net loss
 
(10.9
)
 
(17.2
)
Loss per share - basic and diluted
 
(0.16
)
 
(0.35
)