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ACQUISITIONS (Tables)

12 Months Ended

May 31, 2016

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information

	Year Ended May 31,
	Unaudited
	2016				2016				2015				2015
	(Actual)				(Pro forma)				(Actual)				(Pro forma)
	(in thousands, except per share data)
Total revenues	$	2,898,150			$	3,993,974			$	2,773,718			$	3,668,851
Net income attributable to Global Payments	$	271,666			$	234,632			$	278,040			$	149,900

The following unaudited pro forma information shows the results of our operations for year ended May 31, 2014 as if the PayPros acquisition had occurred June 1, 2012. The unaudited pro forma information is presented for information purposes only and is not necessarily indicative of what would have occurred if the acquisition had been made as of that date. The unaudited pro forma information is also not intended to be a projection of future results due to the integration of the acquired business.

	Year Ended May 31,
	Unaudited
	2014				2014
	(Actual)				(Pro forma)
	(in thousands, except per share data)
Total revenues	$	2,554,236			$	2,628,547
Net income attributable to Global Payments	$	245,286			$	241,272

Heartland Payment Systems, Inc

Business Acquisition [Line Items]

Business Combination, Consideration Transferred

The following table summarizes the components of the consideration transferred on April 22, 2016 (in thousands):

Cash consideration paid to Heartland's stockholders		$	2,043,362
Fair value of Global Payments common stock issued to Heartland's stockholders		1,879,458
Total purchase consideration		$	3,922,820

Business Combination, Stock Consideration Transferred

The merger date fair value of common stock issued to Heartland stockholders and equity award holders was determined based on 38.4 million shares of Heartland common stock, including common stock outstanding and equity awards accelerated in accordance with the Merger Agreement, multiplied by the exchange ratio of 0.6687 and the closing share price of Global Payments common stock as of April 22, 2016 of $73.29 per share, as shown in the table below (in thousands, except share data):

Shares of Heartland common stock		38,350
Exchange ratio		0.6687
Shares of Global Payments common stock issued		25,645
Price per share of Global Payments common stock		$	73.29
Fair value of Global Payments common stock issued to Heartland's stockholders		$	1,879,458

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The provisional estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, are as follows (in thousands):

Cash and cash equivalents	$	304,747
Accounts receivable	68,548
Prepaid expenses and other assets	106,450
Identified intangible assets	1,639,040
Property and equipment	112,222
Debt	(437,933		)
Accounts payable and accrued liabilities	(453,550		)
Settlement processing obligations	(20,978		)
Deferred income taxes	(553,432		)
Other liabilities	(58,542		)
Total identifiable net assets	706,572
Goodwill	3,216,248
Total purchase consideration	$	3,922,820

The following reflects the preliminary estimated fair values of the identified intangible assets (in thousands):

Customer-related intangible assets		$	977,400
Acquired technology		457,000
Trademarks and trade names		176,000
Covenants-not-to-compete		28,640
Total estimated acquired intangible assets		$	1,639,040

FIS Gaming Business

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed as originally determined and as revised for measurement period adjustments, including a reconciliation to the total purchase consideration, are as follows:

	As Previously Determined				Measurement Period Adjustments				Revised
	(in thousands)
Customer-related intangible assets	$	135,200			$	8,200			$	143,400
Liabilities	(150		)		—				(150		)
Total identifiable net assets	135,050				8,200				143,250
Goodwill	102,450				(8,200		)		94,250
Total purchase consideration	$	237,500			$	—			$	237,500

Realex Payments

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The estimated acquisition date fair values of the assets acquired, liabilities assumed and the noncontrolling interest, including a reconciliation to the total purchase consideration, are as follows (in thousands):

Cash		$	4,082
Customer-related intangible assets		16,079
Acquired technology		39,820
Trade name		3,453
Other intangible assets		399
Other assets		6,213
Liabilities		(3,479		)
Deferred income tax liabilities		(7,216		)
Total identifiable net assets		59,351
Goodwill		66,809
Noncontrolling interest		(7,280		)
Total purchase consideration		$	118,880

Ezidebit

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed as originally determined and as revised for measurement period adjustments, including a reconciliation to the total purchase consideration, are as follows:

	As Previously Determined				Measurement Period Adjustments				Revised
	(in thousands)
Cash	$	45,826			$	—			$	45,826
Customer-related intangible assets	42,721				—				42,721
Acquired technology	27,954				—				27,954
Trade name	2,901				—				2,901
Other assets	2,337				—				2,337
Deferred income tax assets (liabilities)	1,815				(11,603		)		(9,788		)
Other liabilities	(49,797		)		—				(49,797		)
Total identifiable net assets	73,757				(11,603		)		62,154
Goodwill	192,225				11,603				203,828
Total purchase consideration	$	265,982			$	—			$	265,982

PayPros

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):

Property and equipment		$	1,680
Customer-related intangible assets		147,500
Contract-based intangible assets		30,200
Acquired technology		10,800
Other assets		3,872
Deferred income tax liabilities		(38,478		)
Total identifiable net assets		155,574
Goodwill		270,878
Total purchase consideration		$	426,452

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