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Acquisitions (Tables) | 12 Months Ended
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Jun. 30, 2014
GXS Group, Inc. [Member] |
Schedule of Business Acquisitions, by Acquisition | The following tables summarize the preliminary consideration paid for GXS and the amount of the assets acquired and liabilities assumed, as well as the preliminary goodwill recorded as of the acquisition date:
Cash consideration paid | $ | 1,101,268 |
Equity consideration paid | 116,777 |
Other amounts currently held back and unpaid | 606 |
Preliminary purchase consideration | $ | 1,218,651 |
Acquisition related costs (included in Special charges in the Consolidated Statements of Income) for the year ended June 30, 2014 | $ | 7,120 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
Current assets (inclusive of cash acquired of $24,382) | $ | 127,406 |
Non-current tangible assets | 31,604 |
Intangible customer assets | 364,600 |
Intangible technology assets | 123,200 |
Liabilities and non-controlling interest assumed | (124,399 | )
Total identifiable net assets | 522,411 |
Goodwill | 696,240 |
Net assets acquired | $ | 1,218,651 |
Business Acquisition, Pro Forma Information | The amount of GXS’ revenues and net income included in our Consolidated Statements of Income for the year ended June 30, 2014 is set forth below:
|  | January 16, 2014— June 30, 2014
Revenues |  | $ | 211,271 |
Net income |  | $ | 8,703 |
The unaudited pro forma revenues and net income of the combined entity for the year ended June 30, 2014 and 2013, respectively, had the acquisition been consummated as of July 1, 2012, are set forth below:
|  | Year Ended June 30,
|  | 2014 |  | 2013
Supplemental Unaudited Pro forma Information |  |  |  |
Total revenues |  | $ | 1,890,794 |  |  | $ | 1,850,658 |
Net income* |  | $ | 195,075 |  |  | $ | 131,929 |
* Included in unaudited pro forma net income for the year ended June 30, 2014 are estimated amortization charges relating to the allocated values of intangible assets, estimated interest expense as though the incurrence of debt used to finance the acquisition occurred on July 1, 2012. Excluded from unaudited pro forma net income for the year ended June 30, 2014 are $69.0 million of one-time expenses incurred by GXS on account of the acquisition. These one-time expenses include a) approximately $29.0 million in employee change in control payments, b) approximately $32.0 million of interest expense on account of penalties incurred on the early extinguishment of GXS’ debt, as part of the purchase agreement, and c) approximately $8.0 million of transaction fees triggered by the closing of the acquisition.
EasyLink Services International Corporation [Member] |
Schedule of Business Acquisitions Purchase Consideration [Table Text Block] | The following tables summarize the consideration paid for EasyLink and the amount of the assets acquired and liabilities assumed, as well as the goodwill recorded as of the acquisition date:
Cash consideration paid | $ | 342,272 |
Acquisition related costs (included in Special charges in the Consolidated Statements of Income) for the year ended June 30, 2013 | $ | 1,850 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of July 2, 2012, are set forth below:
Current assets (inclusive of cash acquired of $26,941) | $ | 74,560 |
Non-current assets | 35,024 |
Intangible customer assets | 126,600 |
Intangible technology assets | 70,500 |
Total liabilities assumed | (148,028 | )
Total identifiable net assets | 158,656 |
Goodwill | 183,616 |
| $ | 342,272 |
Business Acquisition, Pro Forma Information | The amount of EasyLink’s revenues and net income included in our Consolidated Statements of Income for the year ended June 30, 2013, and the unaudited pro forma revenues and net income of the combined entity, had the acquisition been consummated as of July 1, 2011, are set forth below:
|  | July 2, 2012— June 30, 2013
Revenues |  | $ | 171,569 |
Net Income |  | $ | 10,288 |
|  | Year Ended June 30,
|  | 2012
Supplemental Unaudited Pro forma Information |  |
Total revenues |  | $ | 1,389,132 |
Net income* |  | $ | 151,369 |
*Included in unaudited pro forma net income are estimated amortization charges relating to the allocated values of intangible assets. In addition, for the year ended June 30, 2012, pro forma net income includes a $44.6 million tax recovery relating to certain one-time tax benefits and a charge of $21.3 million for acquisition related costs and pre-acquisition accounting adjustments.
Global 360 Holding Corporation [Member] |
Schedule of Business Acquisitions Purchase Consideration [Table Text Block] | The following tables summarize the consideration paid for Global 360 and the amount of the assets acquired and liabilities assumed, as well as the goodwill recorded as of the acquisition date:
Cash consideration paid | $ | 256,597 |
Acquisition related costs (included in Special charges in the Consolidated Statements of Income) for the year ended June 30, 2012 | $ | 924 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of July 13, 2011, are set forth below:
Current assets (inclusive of cash acquired of $10,944) | $ | 38,249 |  |
Non-current assets | 6,289 |  |
Intangible customer assets | 58,100 |  |
Intangible technology assets | 40,600 |  |
Total liabilities assumed | (88,575 | ) | *
Total identifiable net assets | 54,663 |  |
Goodwill | 201,934 |  |
| $ | 256,597 |  |
* Included in total liabilities assumed is approximately $24.3 million of deferred revenue.
Business Acquisition, Pro Forma Information | The amount of Global 360’s revenues and net income included in our Consolidated Statements of Income for the year ended June 30, 2012, and the unaudited pro forma revenues and net income of the combined entity, had the acquisition been consummated as of July 1, 2010, are set forth below:
|  | July 13, 2011— June 30, 2012
Revenues |  | $ | 74,900 |
Net Income* |  | N/A |
|  | Year ended June 30,
|  | 2012 |  | 2011
Supplemental Unaudited Pro forma Information |  |  |  |
Total revenues |  | $ | 1,209,809 |  |  | $ | 1,125,366 |
Net income** |  | $ | 128,924 |  |  | $ | 107,636 |
*During the quarter ended June 30, 2012, Global 360 became substantially integrated into our operations and financial results, to the extent that it is no longer practicable to separately identify expenses and net income that are attributed solely from this acquisition. **Included in unaudited pro forma net income are estimated amortization charges relating to the allocated values of intangible assets for all periods reported above.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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