|
Acquisitions (Tables)
|
12 Months Ended |
|
Dec. 31, 2011
|
| Acquisitions |
|
| Schedule of business acquisitions |
|
|
|
|
|
|
|
|
|
|
Business Acquired |
|
Date of Closing |
|
Net Assets
Acquired
(in millions) |
|
Form of
Consideration |
|
EyeWonder |
|
September 1, 2011 |
|
$ |
61.0 |
|
Cash |
|
MediaMind |
|
July 26, 2011 |
|
|
499.3 |
|
Cash |
|
MIJO |
|
April 1, 2011 |
|
|
43.8 |
|
Cash |
|
Match Point |
|
October 1, 2010 |
|
|
27.7 |
|
Cash |
|
|
| Schedule of preliminary purchase price allocation for acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Category |
|
EyeWonder
(Preliminary) |
|
MediaMind
(Preliminary) |
|
MIJO |
|
Match Point |
|
|
Current assets |
|
$ |
13.4 |
|
$ |
139.4 |
|
$ |
5.1 |
|
$ |
2.8 |
|
|
Property and equipment |
|
|
2.3 |
|
|
9.1 |
|
|
4.0 |
|
|
0.8 |
|
|
Other non-current assets |
|
|
1.6 |
|
|
16.8 |
|
|
— |
|
|
— |
|
|
Customer relationships |
|
|
10.7 |
|
|
62.4 |
|
|
7.8 |
|
|
8.7 |
|
|
Trade names |
|
|
1.8 |
|
|
10.0 |
|
|
1.8 |
|
|
1.7 |
|
|
Developed technology |
|
|
1.3 |
|
|
14.3 |
|
|
2.6 |
|
|
— |
|
|
Noncompetition agreements |
|
|
2.2 |
|
|
7.6 |
|
|
4.6 |
|
|
3.8 |
|
|
Goodwill |
|
|
43.4 |
|
|
288.3 |
|
|
19.5 |
|
|
11.5 |
|
| |
|
|
|
|
|
|
|
|
|
|
Total assets acquired |
|
|
76.7 |
|
|
547.9 |
|
|
45.4 |
|
|
29.3 |
|
|
Less deferred tax liabilities |
|
|
(2.3 |
) |
|
(19.4 |
) |
|
— |
|
|
— |
|
|
Less other liabilities assumed |
|
|
(13.4 |
) |
|
(29.2 |
) |
|
(1.6 |
) |
|
(1.6 |
) |
| |
|
|
|
|
|
|
|
|
|
|
Net assets acquired |
|
$ |
61.0 |
|
$ |
499.3 |
|
$ |
43.8 |
|
$ |
27.7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Schedule of as reported and pro forma information regarding results of operations related to acquisitions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As Reported
Years Ended
December 31, |
|
Unaudited
Pro Forma
Years Ended
December 31, |
|
|
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Revenue |
|
$ |
324,257 |
|
$ |
241,328 |
|
$ |
403,314 |
|
$ |
392,515 |
|
|
Income from continuing operations |
|
|
26,537 |
|
|
45,302 |
|
|
5,309 |
|
|
23,387 |
|
|
Income per share—continuing operations: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
0.96 |
|
$ |
1.65 |
|
$ |
0.19 |
|
$ |
0.85 |
|
|
Diluted |
|
$ |
0.95 |
|
$ |
1.63 |
|
$ |
0.19 |
|
$ |
0.84 |
|
|
|