Supplemental balance sheet information (Tables)

9 Months Ended

Sep. 30, 2011

Supplemental balance sheet information [Abstract]

Inventories and supplies – Inventories and supplies were comprised of the following:

	September 30, 2011		December 31, 2010
Raw materials	$	5,477	$	4,879
Semi-finished goods		8,905		8,393
Finished goods		5,208		5,083
Supplies, primarily production		2,896		3,305
Inventories and supplies	$	22.486	$	21,660

Marketable securities

Marketable securities – Available-for-sale marketable securities included within funds held for customers and other current assets were comprised of the following:

	September 30, 2011
	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Corporate investments:
Money market securities	$	1,941	$	-	$	-	$	1,941
Funds held for customers:(1)
Money market securities		4,853		-		-		4,853
Canadian and provincial government securities		4,988		191		-		5,179
Marketable securities – funds held for customers		9,841		191		-		10,032
Total marketable securities	$	11,782	$	191	$	-	$	11,973

(1) Funds held for customers, as reported on the consolidated balance sheet as of September 30, 2011, also included cash and cash equivalents of $24,579.

	December 31, 2010
	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Corporate investments:
Money market securities	$	2,029	$	-	$	-	$	2,029
Funds held for customers:(1)
Money market securities		5,078		-		-		5,078
Canadian and provincial government securities		5,148		23		-		5,171
Marketable securities – funds held for customers		10,226		23		-		10,249
Total marketable securities	$	12,255	$	23	$	-	$	12,278

(1) Funds held for customers, as reported on the consolidated balance sheet as of December 31, 2010, also included cash and cash equivalents of $25,471.

Expected maturities of available-for-sale securities

Expected maturities of available-for-sale securities as of September 30, 2011 were as follows:

	Fair value
Due in one year or less	$	6,794
Due in one to three years		539
Due in three to five years		1,797
Due after five years		2,843
Total marketable securities	$	11,973

Intangibles

Intangibles – Intangibles were comprised of the following:

	September 30, 2011							December 31, 2010
	Gross carrying amount		Accumulated amortization			Net carrying amount		Gross carrying amount		Accumulated amortization			Net carrying amount
Indefinite-lived:
Trade name	$	19,100	$	-		$	19,100	$	19,100	$	-		$	19,100
Amortizable intangibles:
Internal-use software		405,550		(337,188	)		68,362		378,269		(314,267	)		64,002
Customer lists/relationships		68,327		(39,947	)		28,380		72,292		(43,660	)		28,632
Distributor contracts		30,900		(27,747	)		3,153		30,900		(26,396	)		4,504
Trade names		67,661		(24,912	)		42,749		59,361		(22,009	)		37,352
Other		9,669		(7,703	)		1,966		8,602		(7,080	)		1,522
Amortizable intangibles		582,107		(437,497	)		144,610		549,424		(413,412	)		136,012
Intangibles	$	601,207	$	(437,497	)	$	163,710	$	568,524	$	(413,412	)	$	155,112

Estimated future amortization of intangibles

Total amortization of intangibles was $12,198 for the quarter ended September 30, 2011 and $14,193 for the quarter ended September 30, 2010. Amortization of intangibles was $40,297 for the nine months ended September 30, 2011 and $38,935 for the nine months ended September 30, 2010. Based on the intangibles in service as of September 30, 2011, estimated future amortization expense is as follows:

	Estimated amortizationexpense
Remainder of 2011	$	10,105
2012		32,021
2013		21,669
2014		11,607
2015		8,009

Goodwill

Goodwill – Changes in goodwill during the nine months ended September 30, 2011 were as follows:

	Small Business Services			Financial Services		Direct Checks		Total
Balance, December 31, 2010:
Goodwill	$	596,534		$	897	$	148,506	$	745,937
Accumulated impairment charges		(20,000	)		-		-		(20,000	)
		576,534			897		148,506		725,937
Acquisition of Banker's Dashboard (see Note 5)		-			26,281		-		26,281
Acquisition of PsPrint (see Note 5)		24,826			-		-		24,826
Currency translation adjustment		(100	)		-		-		(100	)
Balance, September 30, 2011:
Goodwill		621,260			27,178		148,506		796,944
Accumulated impairment charges		(20,000	)		-		-		(20,000	)
	$	601,260		$	27,178	$	148,506	$	776,944

Other non-current assets

Other non-current assets – Other non-current assets were comprised of the following:

	September 30, 2011		December 31, 2010
Contract acquisition costs	$	57,364	$	57,476
Deferred advertising costs		15,465		15,832
Other		27,970		20,939
Other non-current assets	$	100,799	$	94,247

Changes in contract acquisition costs

See Note 16 for a discussion of market risks related to contract acquisition costs. Changes in contract acquisition costs during the first nine months of 2011 and 2010 were as follows:

	Nine Months Ended September 30,
	2011			2010
Balance, beginning of year	$	57,476		$	45,701
Additions(1)		12,880			24,388
Amortization		(12,737	)		(14,696	)
Write-offs		-			(234	)
Other		(255	)		-
Balance, end of period	$	57,364		$	55,159

(1) Contract acquisition costs are accrued upon contract execution. Cash payments made for contract acquisition costs were $9,998 for the nine months ended September 30, 2011 and $13,837 for the nine months ended September 30, 2010.

Accrued liabilities

Accrued liabilities – Accrued liabilities were comprised of the following:

	September 30, 2011		December 31, 2010
Funds held for customers	$	34,100	$	35,475
Employee profit sharing/cash bonus and pension		21,138		34,109
Customer rebates		19,896		19,201
Contract acquisition costs due within one year		13,518		8,550
Interest		13,241		5,227
Wages, including vacation		9,215		5,898
Restructuring due within one year (see Note 9)		5,692		6,435
Other		29,594		29,139
Accrued liabilities	$	146,394	$	144,034