v2.4.0.6
Goodwill
12 Months Ended
Dec. 31, 2012
Goodwill [Abstract]  
Goodwill

6. Goodwill

Goodwill is tested for impairment at the reporting unit level on an annual basis, in the fourth quarter, or on an interim basis if changes in circumstances could reduce the fair value of a reporting unit below its carrying value. Our reporting units are consistent with our operating segments for the U.S. Information Services and Interactive segment. The reporting units for our International segment are the geographic regions of Africa, Canada, Latin America and Asia.

Our impairment tests are performed using a discounted cash flow analysis that requires certain assumptions and estimates regarding economic factors and future profitability. Goodwill impairment tests performed during 2012, 2011, and 2010 resulted in no impairment, except for amounts recorded in discontinued operations as discussed in Note 18, “Discontinued Operations.” At December 31, 2012, there was no accumulated goodwill impairment loss.

As a result of the 2012 Change in Control Transaction, the excess of the purchase price over the preliminary fair value of the net tangible and identifiable intangible assets acquired was recorded as goodwill. See Note 2, “2012 Change in Control Transactions.”

 

Goodwill allocated to our segments as of December 31, 2012, April 30, 2012, and December 31, 2011 and 2010, and changes in the carrying amount of goodwill during the twenty-four months ended December 31, 2012 consisted of the following:

 

                                 

(in millions)

  USIS     International     Interactive     Total  

TransUnion Corp. Predecessor balance, December 31, 2010

  $ 119.5     $ 58.3     $ 45.9     $ 223.7  

Acquisitions

    28.0       32.6       —         60.6  

Foreign exchange rate adjustment

    —         (9.1     —         (9.1
   

 

 

   

 

 

   

 

 

   

 

 

 

TransUnion Corp. Predecessor balance, December 31, 2011

  $ 147.5     $ 81.8     $ 45.9     $ 275.2  

Acquisitions

    —         0.8       —         0.8  

Tax deductible goodwill adjustment

    —         (10.3     —         (10.3

Foreign exchange rate adjustment

    —         1.8       —         1.8  
   

 

 

   

 

 

   

 

 

   

 

 

 

TransUnion Corp. Predecessor balance, April 30, 2012

  $ 147.5     $ 74.1     $ 45.9     $ 267.5  

Purchase accounting adjustments related to acquisition of TransUnion Corp.

    987.8       455.3       90.9       1,534.0  

Acquisitions

    —         9.9       —         9.9  

Tax deductible goodwill adjustment

    —         6.7       —         6.7  

Additional purchase price related to acquisition of Brazil subsidiary

    —         1.8       —         1.8  

Goodwill related to disposed equity method investment

    —         (0.2     —         (0.2

Foreign exchange rate adjustment

    —         (15.5     —         (15.5
   

 

 

   

 

 

   

 

 

   

 

 

 

TransUnion Holding and TransUnion Corp. Successor balance, December 31, 2012

  $ 1,135.3     $ 532.1     $ 136.8     $ 1,804.2  
   

 

 

   

 

 

   

 

 

   

 

 

 

See Note 2, “Change in Control Transactions,” and Note 17, “Business Acquisitions,” for information on our business acquisitions.