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Subsequent Events
9 Months Ended
Sep. 30, 2011
Subsequent Events 
Subsequent Events

NOTE 19 — SUBSEQUENT EVENTS

In October 2011, we acquired 60% voting equity interest of Smarsh, Inc., a privately-held provider of secure and reliable email archiving solutions for message compliance and records retention, proactive litigation readiness, and mail server data management, for an aggregate amount of approximately $56 million. This acquisition was funded through our Wells Fargo line of credit. Due to the limited time since the acquisition date and limitations on access to Smarsh, Inc. information prior to the acquisition date, the initial accounting for the business combination has not been completed at this time. As a result, we are unable to provide acquisition date amounts by major classes of assets and liabilities resulting from the transaction. We will include this information in our Annual Report on Form 10-K for the year ended December 31, 2011. We currently expect this acquisition to be accounted for as a business combination and the purchase price is currently expected to be allocated primarily to goodwill, other intangible assets and non-controlling interest. Management considers the effect of this transaction to be immaterial to our consolidated results.

Also, we obtained a right to acquire half of the remaining equity interests in Smarsh, Inc. for a purchase price to be determined by a formula but that cannot exceed $26 million, and agreed to a put option under which we may be required, in certain circumstances, to acquire half of the remaining equity interests in this entity for consideration to be determined by a formula but that cannot exceed $22 million. Furthermore, if we purchase half of the remaining equity interest in the entity, we have a right to acquire the remaining equity interest in the entity for a purchase price to be determined by mutual agreement or by use of a third party valuation firm.