ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2011
ACQUISITIONS 
Schedule of business acquisitions

 

 

Business Acquired

 

Date of Closing

 

Net Assets
Acquired

(in millions)

 

Form of
Consideration

 

MIJO

 

April 1, 2011

 

$

43.8

 

Cash

 

MediaMind

 

July 26, 2011

 

499.3

 

Cash

 

EyeWonder

 

September 1, 2011

 

56.2

 

Cash

 

Schedule of preliminary purchase price allocation for acquisition

 

 

Category 

 

MIJO

 

MediaMind
(Preliminary)

 

EyeWonder
(Preliminary)

 

Current assets

 

$

5.1

 

$

142.3

 

$

13.4

 

Property and equipment

 

4.0

 

9.1

 

1.6

 

Other non-current assets

 

 

16.2

 

1.6

 

Customer relationships

 

7.8

 

154.0

 

17.3

 

Trade names

 

1.8

 

15.0

 

1.7

 

Developed technology

 

2.6

 

20.0

 

0.6

 

Noncompetition agreements

 

4.6

 

11.0

 

4.5

 

Goodwill

 

19.5

 

220.9

 

28.9

 

Total assets acquired

 

45.4

 

588.5

 

69.6

 

Less deferred tax liabilities

 

 

(60.0

)

 

Less other liabilities assumed

 

(1.6

)

(29.2

)

(13.4

)

Net assets acquired

 

$

43.8

 

$

499.3

 

$

56.2

 

Schedule of as reported and pro forma information regarding results of operations related to acquisitions

 

 

 

 

As Reported

 

Pro Forma

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

2011

 

2010

 

2011

 

2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

84,594

 

$

55,626

 

$

215,956

 

$

166,147

 

$

95,003

 

$

91,881

 

$

295,013

 

$

274,310

 

Income (loss) from continuing operations

 

(3,925

)

10,040

 

19,461

 

26,748

 

(9,629

)

701

 

(7,812

)

(565

)

Income (loss) per share — continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.14

)

$

0.35

 

$

0.70

 

$

0.99

 

$

(0.35

)

$

0.02

 

$

(0.28

)

$

(0.02

)

Diluted

 

$

(0.14

)

$

0.35

 

$

0.70

 

$

0.97

 

$

(0.35

)

$

0.02

 

$

(0.28

)

$

(0.02

)