XML 17 R23.htm IDEA: XBRL DOCUMENT v2.3.0.15
Note 3 - Business Combinations (Tables)
9 Months Ended
Sep. 30, 2011
Business Combinations [Abstract] 
Allocation of purchase consideration for business combination
Allocation of the purchase consideration for the business combinations completed in the first nine months of 2011 is summarized as follows (in thousands):
 
Purchase Consideration
Net Tangible Assets Acquired/(Liabilities Assumed)
Purchased Intangible Assets
Goodwill
GSI
$
2,377,257


$
74,498


$
819,100


$
1,483,659


brands4friends
193,236


(33,146
)
76,143


150,239


GittiGidiyor
235,278


(8,787
)
52,700


191,365


Zong
231,663


(35,650
)
76,500


190,813


Other
312,631


(25,483
)
113,720


224,394


Total
$
3,350,065


$
(28,568
)
$
1,138,163


$
2,240,470


Components of intangible assets acquired in connection with the acquisition (excluding intangible assets sold in connection with the divested businesses)
The following table sets forth the components of intangible assets acquired in connection with the GSI acquisition (excluding intangible assets sold in connection with the divested businesses) (in thousands):
 
Description
Fair Value
Useful Life (Years)
Trademarks
$
8,400


2
User base
667,900


5
Developed technology
142,800


5
Total
$
819,100


 
Unaudited pro forma information
The unaudited pro forma financial information is as follows (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2011
 
2010
 
2011
 
2010
Total revenues
$
2,965,761


 
$
2,436,261


 
$
8,657,867


 
$
7,200,733


Net income
490,503


 
391,731


 
1,190,043


 
1,120,859


Basic earnings per share
0.38


 
0.30


 
0.92


 
0.86


Diluted earnings per share
$
0.37


 
$
0.29


 
$
0.91


 
$
0.85


Summary of purchase consideration
The following table summarizes the purchase consideration (in thousands):
Cash paid
$
182,068


Fair value of non-controlling interest
31,495


Fair value of previously held equity interest
21,715


Total purchase consideration
$
235,278