BUSINESS COMBINATIONS (Tables) (Mercury Payment Systems, LLC)
 3 Months Ended
Mar. 31, 2015
Mercury Payment Systems, LLC
  
Business Acquisition [Line Items]  
Schedule of recognized identified assets acquired and liabilities assumed
The table below presents an updated purchase price allocation from the preliminary amounts reported as of December 31, 2014 (in thousands):
Cash acquired
$
22,485

Current assets
47,417

Property, equipment and software
32,257

Intangible assets
391,100

Goodwill
1,350,074

Deferred tax assets
16,626

Other non-current assets
1,176

Current and non-current liabilities
(42,096
)
Total purchase price
$
1,819,039
Business Acquisition, Pro Forma Information [Table Text Block]
The following pro forma information shows the Company’s results of operations for the three months ended March 31, 2014 as if the Mercury acquisition had occurred January 1, 2013. The pro forma information is presented for informational purposes only and is not necessarily indicative of what would have occurred if the acquisition had been made as of that date, nor is it intended to be indicative of future operating results.
 
Three Months Ended March 31, 2014
 
(Pro forma)
 
(in thousands, except share data)
Total revenue
$
616,268

Income from operations
66,187

Net income including non-controlling interests
31,365

Net income attributable to Vantiv, Inc.
20,914

Net income per share attributable to Vantiv, Inc. Class A common stock:
 

Basic
$
0.15

Diluted
$
0.13

Shares used in computing net income per share of Class A common stock:
 

Basic
138,228,839

Diluted
198,949,977


 

The pro forma results include certain pro forma adjustments that were directly attributable to the business combination as follows:
•
additional amortization expense that would have been recognized relating to the acquired intangible assets, and
•
an adjustment of interest expense to reflect the additional borrowings of the Company in conjunction with the acquisition and removal of Mercury historical debt.