Acquisitions (Tables)

12 Months Ended

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.