Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Distra Pty Ltd

Preliminary Purchase Price Allocation

In connection with the acquisition, the Company recorded the following amounts based upon its preliminary purchase price allocation as of the date of the acquisition, which are subject to completion of the valuation and other analyses (in thousands, except weighted-average useful lives):

	Amount		Weighted-Average Useful Lives
Total current assets acquired:	$	1,857
Noncurrent assets:
Goodwill		22,139
Software		18,802		7 years
Customer relationships		6,200		10 years
Deferred income taxes		4,075
Other noncurrent assets		96
Total assets acquired		53,169
Current liabilities acquired		3,419
Net assets acquired	$	49,750

S1 Corporation

Preliminary Purchase Price Allocation

In connection with the acquisition, the Company recorded the following amounts based upon its purchase price allocation during the year ended December 31, 2012 (in thousands, except weighted-average useful lives):

	Amount		Weighted-Average Useful Lives
Current assets:
Cash and cash equivalents	$	97,748
Billed and accrued receivables, net		65,329
Other current assets		16,791
Total current assets acquired		179,868
Noncurrent assets:
Property and equipment		18,440
Goodwill		256,244
Software		87,517		5 - 10 years
Customer relationships		108,690		10 - 20 years
Trademarks		4,500		3 years
Covenant not to compete		360		3 years
Deferred income tax		40,634
Other noncurrent assets		11,004
Total assets acquired		707,257
Current liabilities:
Deferred revenue		34,671
Accrued employee compensation		34,689
Other current liabilities		28,387
Total current liabilities acquired		97,747
Noncurrent liabilities:
Deferred income tax		15,795
Other noncurrent liabilities acquired		6,431
Total liabilities acquired		119,973
Net assets acquired	$	587,284

Purchase Price of S One Corporation's Common Stock

The purchase price of S1 Corporation’s common stock as of the date of acquisition was comprised of (in thousands):

	Amount
Cash payments to S1 shareholders	$	365,918
Issuance of ACI common stock		204,857
Reissuance of treasury stock		2,174
Cash payments for noncompete agreements		2,778
S1 shares previously held as available-for-sale securities		11,557
Total Purchase Price	$	587,284

Pro Forma Results of Combined Company Operations

The pro forma financial information in the table below presents the combined historical results of the combined Company as if the acquisition had occurred January 1, 2011 (in thousands, except per share data). The pro forma information is shown for illustrative purposes only and is not necessarily indicative of future results of operations of the Company or results of operations of the Company that would have actually occurred had the transactions been in effect for the periods presented. This pro forma information is not intended to represent or be indicative of actual results had the acquisition occurred as of the beginning of each period, nor is it necessarily indicative of future results and does not reflect potential synergies, integration costs, or other such costs or savings. Certain pro forma adjustments have been made to net income for the years ended December 31, 2012and 2011 to give effect to estimated adjustments to expenses to remove the amortization on eliminated S1 historical identifiable intangible assets and added amortization expense for the value of identified intangibles acquired in the acquisition (primarily acquired software, customer relationships, trade names, and covenants not to compete), adjustments to interest expense to reflect the elimination of preexisting S1 debt and added estimated interest expense on the Company’s Term Credit Facility and additional borrowings on the Revolving Credit Facility and to eliminate share-based compensation expense for eliminated positions. Additionally, certain one-time transaction expenses that are a direct result of the acquisition have been excluded from the year ended December 31, 2012 and 2011.

	Pro Forma Results of Operations for the Year Ended December 31,
	2012		2011
Total Revenues	$	717,505	$	722,210
Net Income		72,810		46,221
Income per share
Basic	$	1.88	$	1.18
Diluted	$	1.82	$	1.15

ISD Corporation

Preliminary Purchase Price Allocation

In connection with the acquisition, the Company recorded the following amounts based upon its purchase price allocation during the year ended December 31, 2011 (in thousands, except weighted-average useful lives):

	Amount			Weighted-Average Useful Lives
Cash	$	2,375
Accounts Receivable		2,030
Other current assets		958
Total current assets acquired		5,363
Noncurrent assets:
Property and equipment		519
Goodwill		11,380
Software		2,338			5 years
Customer relationships		4,059			9 years
Trade name		247			5 years
Total assets acquired		23,906
Current liabilities acquired		(4,681	)
Net assets acquired	$	19,225