XML 60 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisitions Acquisitions (Tables)
12 Months Ended
Mar. 31, 2013
Mar. 13, 2013
Mar. 31, 2012
Acquistions [Abstract]      
Fair Value Inputs Assets Liabilities Quantitative Information [Table Text Block]
Value as of
March 31, 2013
Valuation technique
Unobservable input
Range (weighted-average)
$
(207,835
)
Discounted cash flow
Discount rate
1.1
%
-
11.0
%
(2.3%)
 
 
Default rate
3.0
%
-
4.0
%
(3.5%)
 
 
Constant prepayment rate
 
 
25.0
%
 
 
 
Projected Cash Flow Growth Rates
 
Discount Rate
Indefinite-life fund management contracts
 
(35)% to 11% (weighted-average - 6% )
 
16.0%
 
 
 
 
 
 
 
Projected Revenue Growth Rates
 
 
Contingent consideration
 
(23)% to 3% (weighted-average - (6)%)
 
2.0%
Value as of
March 31, 2012
Valuation technique
Unobservable input
Range (weighted-average)
$
(271,707
)
Discounted cash flow
Discount rate
1.7
%
-
24.5
%
(3.8%)
 
 
Default rate
2.5
%
-
4.0
%
(3.4%)
 
 
Constant prepayment rate
 
 
15.0
%
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Cash (1)
 
$
8,156

Receivables (1)
 
12,174

Amortizable asset management contracts
 
2,865

Indefinite-life fund management contracts
 
65,126

Goodwill (1)
 
28,983

Other current liabilities, net (1)
 
(16,667
)
Contingent consideration
 
(21,566
)
Deferred tax liability
 
(15,638
)
Total net assets acquired
 
$
63,433

(1) Subject to adjustment for amounts ultimately realized, as provided for in the SPA