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ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2019

Total System Services, Inc.

Business Acquisition [Line Items]

Schedule of Preliminary Fair Value of Merger Consideration

The fair value of total purchase consideration was determined as follows (in thousands, except per share data):

Shares of TSYS common stock issued and outstanding (including Single-Trigger Awards)		177,643
Exchange Ratio		0.8101
Shares of Global Payments common stock issued to TSYS shareholders		143,909
Price per share of Global Payments common stock		$	163.74
Fair value of common stock issued to TSYS shareholders(1)		23,563,568
Value of Replacement Awards attributable to purchase consideration		207,821
Cash paid to TSYS shareholders in lieu of fractional shares		1,352
Total purchase consideration transferred to TSYS shareholders		23,772,741
Repayment of TSYS' unsecured revolving credit facility (including accrued interest and fees)		702,212
Total purchase consideration		$	24,474,953

⁽¹⁾ Fair value of common stock issued to TSYS shareholders does not equal the product of shares of Global Payments common stock issued to TSYS shareholders and price per share of Global Payments common stock as presented in the table above due to the rounding of the number of shares in thousands.

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 as of December 31, 2019, including a reconciliation to the total purchase consideration, were as follows (in thousands):

		Provisional Amounts at Acquisition Date				Measurement- Period Adjustments				Provisional Amounts at December 31, 2019
		(in thousands)
Cash and cash equivalents		$	446,027			$	(18	)		$	446,009
Accounts receivable		443,783				(935		)		442,848
Identified intangible assets		11,020,000				(40,000		)		10,980,000
Property and equipment		695,560				(51,476		)		644,084
Other assets		1,476,290				(1,465		)		1,474,825
Accounts payable and accrued liabilities		(594,558		)		(19,502		)		(614,060		)
Debt		(3,295,284		)		(58		)		(3,295,342		)
Deferred income tax liabilities		(2,843,643		)		155,794				(2,687,849		)
Other liabilities		(313,782		)		(633		)		(314,415		)
Total identifiable net assets		7,034,393				41,707				7,076,100
Goodwill		17,440,560				(41,707		)		17,398,853
Total purchase consideration		$	24,474,953			$	—			$	24,474,953

The following table reflects the provisional estimated fair values of the identified intangible assets of TSYS and the respective weighted-average estimated amortization periods:

	Estimated Fair Values				Weighted-Average Estimated Amortization Periods
	(in thousands)				(years)
Customer-related intangible assets	$	6,420,000			15
Contract-based intangible assets	1,800,000				18
Acquired technologies	1,810,000				7
Trademarks and trade names	950,000				11
Total estimated identified intangible assets	$	10,980,000			13

Schedule of Pro Forma Information

	Year Ended December 31, 2019								Year Ended December 31, 2018
	Actual				Pro Forma				Actual				Pro Forma
	(in thousands)
Total revenues	$	4,911,892			$	7,854,282			$	3,366,366			$	7,359,631
Net income attributable to Global Payments	$	430,613			$	711,658			$	452,053			$	510,795

SICOM

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table reflects the estimated fair values of the identified intangible assets of SICOM and the respective weighted-average estimated amortization periods:

	Estimated Fair Values				Weighted-Average Estimated Amortization Periods
	(in thousands)				(years)
Customer-related intangible assets	$	104,900			14
Acquired technologies	65,312				6
Trademarks and trade names	11,202				5
Contract-based intangible assets	6,880				5
Total estimated acquired intangible assets	$	188,294			10

The estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, were as follows:

		Provisional Amounts at December 31, 2018				Measurement- Period Adjustments				Final
		(in thousands)
Cash and cash equivalents		$	7,540			$	—			$	7,540
Property and equipment		5,943				(105		)		5,838
Identified intangible assets		188,294				—				188,294
Other assets		22,278				(3		)		22,275
Deferred income tax liabilities		(48,448		)		838				(47,610		)
Other liabilities		(31,250		)		(100		)		(31,350		)
Total identifiable net assets		144,357				630				144,987
Goodwill		264,844				370				265,214
Total purchase consideration		$	409,201			$	1,000			$	410,201

AdvancedMD

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, including a reconciliation to the total purchase consideration, were as follows:

		Provisional Amounts at December 31, 2018				Measurement- Period Adjustments				Final
		(in thousands)
Cash and cash equivalents		$	7,657			$	—			$	7,657
Property and equipment		5,672				—				5,672
Identified intangible assets		419,500				—				419,500
Other assets		11,958				(173		)		11,785
Deferred income tax liabilities		(98,979		)		4,935				(94,044		)
Other liabilities		(15,624		)		(23		)		(15,647		)
Total identifiable net assets		330,184				4,739				334,923
Goodwill		376,701				(4,739		)		371,962
Total purchase consideration		$	706,885			$	—			$	706,885

The following table reflects the estimated fair values of the identified intangible assets of AdvancedMD and the respective weighted-average estimated amortization periods:

	Estimated Fair Values				Weighted-Average Estimated Amortization Periods
	(in thousands)				(years)
Customer-related intangible assets	$	303,100			11
Acquired technologies	83,700				5
Trademarks and trade names	32,700				15
Total estimated identified intangible assets	$	419,500			10

ACTIVE Network

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table reflects the estimated fair values of the identified intangible assets and the respective weighted-average estimated amortization periods:

	Estimated Fair Values				Weighted-Average Estimated Amortization Periods
	(in thousands)				(years)
Customer-related intangible assets	$	189,000			17
Acquired technologies	153,300				9
Trademarks and trade names	59,400				15
Contract-based intangible assets	8,845				3
Total estimated acquired intangible assets	$	410,545			13

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

Cash and cash equivalents		$	42,913
Property and equipment		21,852
Identified intangible assets		410,545
Other assets		87,143
Deferred income taxes		(27,640		)
Other liabilities		(147,481		)
Total identifiable net assets		387,332
Goodwill		784,244
Total purchase consideration		$	1,171,576

Schedule of Disclosure of Business Combination

The following table summarizes the cash and noncash components of the consideration transferred on September 1, 2017 (in thousands):

Cash consideration paid to ACTIVE Network stockholders		$	599,497
Fair value of Global Payments common stock issued to ACTIVE Network stockholders		572,079
Total purchase consideration		$	1,171,576

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