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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2013
Additions to Goodwill, Client Lists and Other Intangible Assets Resulting from Acquisitions and Contingent Consideration Earned on Prior Period Acquisitions | Additions to goodwill, client lists and other intangible assets resulting from acquisitions and contingent consideration earned during the years ended December 31, 2013 and 2012 were as follows (in thousands):
|  | 2013 |  |  | 2012 |
Goodwill |  | $ | 9,575 |  |  | $ | 57,688 |
Client lists |  | $ | 3,819 |  |  | $ | 40,165 |
Other intangible assets |  | $ | 182 |  |  | $ | 1,450 |
Acquisition Acquired Activities | As a result of CBIZ’s acquisition activities in 2012, the following table provides unaudited pro forma financial information for CBIZ as if all the current year acquisitions were acquired on January 1, 2012. The unaudited pro forma financial information includes the effect of financing resulting in interest expense of approximately $2.0 million, amortization expense of $2.6 million resulting from acquired intangible assets, and other adjustments to normalize certain expenses such as benefits, commissions and incentive compensation. The unaudited pro forma results of operations are presented for illustrative purposes only and are not necessarily indicative of the results of operation that would have been obtained had these businesses actually been acquired at January 1, 2012, nor are they intended to be a projection of future results of operations. No pro forma information is presented for the year ended December 31, 2011 due to lack of available data.
|  | Twelve Months Ended December 31, 2012 |
|  | Consolidated As Reported |  |  | Pro Forma Adjustments |  |  | Pro Forma Consolidated |
Revenue |  | $ | 626,538 |  |  | $ | 44,879 |  |  | $ | 671,417 |
Net income |  | $ | 31,146 |  |  | $ | 4,585 |  |  | $ | 35,731 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.63 |  |  | $ | 0.09 |  |  | $ | 0.72 |
Diluted |  | $ | 0.63 |  |  | $ | 0.09 |  |  | $ | 0.72 |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 49,002 |  |  |  | 435 |  |  |  | 49,437 |
Diluted |  |  | 49,252 |  |  |  | 419 |  |  |  | 49,671 |
Associated Insurance Agents (AIA), Minnesota and Knight Field Fabry LLP (Knight) [Member] |
Allocated Aggregate Purchase Price of Acquisitions | The aggregate purchase price for these acquisitions was allocated as follows (in thousands):
Recognized amounts of identifiable assets acquired and liabilities assumed: |
Cash |  | $ | 202 |
Accounts receivable, net |  |  | 578 |
Other assets |  |  | 137 |
Identifiable intangible assets |  |  | 3,002 |
Accounts payable |  |  | (835 | )
Accrued liabilities |  |  | (416 | )
Deferred Taxes |  |  | (1,165 | )
Total identifiable net assets |  | $ | 1,503 |
Goodwill |  |  | 9,278 |
Aggregate purchase price |  | $ | 10,781 |
Meridian Insurance Group, LLC (Meridian), Primarily Care, Inc. (PCI) Stoltz and Company, LTD., L.L.P (Stoltz), Trinity Risk Advisors, Inc.(Trinity), Strategic Employee Benefit Services-The Pruett Group, Inc. (SEBS-Pruett), ProMedical, Inc. (ProMedical), the employee benefit division of Leavitt Pacific Insurance Brokers, Inc. (Leavitt), Diversified Industries, Inc. d/b/a Payroll Control Systems (PCS) and PHBV Partners, L.L.P. (PHBV) [Member] |
Allocated Aggregate Purchase Price of Acquisitions | The aggregate purchase price for these acquisitions, was allocated as follows (in thousands):
Recognized amounts of identifiable assets acquired and liabilities assumed: |
Cash |  | $ | 422 |
Funds held for clients |  |  | 39,193 |
Accounts receivable, net (as adjusted) |  |  | 7,618 |
Fixed assets and other |  |  | 1,300 |
Identifiable intangible assets |  |  | 39,300 |
Accrued liabilities |  |  | (5,113 | )
Client fund obligations |  |  | (39,193 | )
Deferred tax liability |  |  | (1,236 | )
Total identifiable net assets |  | $ | 42,291 |
Goodwill (as adjusted) |  |  | 57,190 |
Aggregate purchase price |  | $ | 99,481 |
Thompson Dunavant PLC, Multiple Benefit Services, Inc. (MBS), Gresham Smith LLC and Atlantic MDR, LLC (d/b/a Advantage Benefit Planning) (ABP) [Member] |
Allocated Aggregate Purchase Price of Acquisitions | The aggregate purchase price for these acquisitions was allocated as follows (in thousands):
Recognized amounts of identifiable assets acquired and liabilities assumed: |
Cash |  | $ | 273 |
Accounts receivable, net |  |  | 3,606 |
Fixed assets and other |  |  | 437 |
Identifiable intangible assets |  |  | 11,072 |
Deferred income taxes – non-current |  |  | (1,775 | )
Accrued liabilities |  |  | (924 | )
Total identifiable net assets |  | $ | 12,689 |
Goodwill |  |  | 16,869 |
Aggregate purchase price |  | $ | 29,558 |

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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 contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + 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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