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ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2013
ACQUISITIONS  
Schedule of the preliminary adjusted allocation of the purchase price

(in thousands)

 

 

 

 

 

 

 

Premises and equipment

 

$

1,559

 

Customer relationship

 

75,609

 

 

 

77,168

 

Accounts payable and accrued expenses

 

(1,351

)

Purchase price

 

$

75,817

 

 

 

 

Schedule of estimated life of identified assets acquired as a result of acquisitions

 

Estimated
life

(in years)

 

 

 

 

 

Premises and equipment

 

3 - 5

 

Customer relationship

 

7

 

Schedule of unaudited pro forma condensed consolidated results of operations

 

 

 

 

Nine months ended
September 30, 2013

 

(in thousands, except per share amounts)

 

As reported

 

Pro forma

 

Revenue

 

$

545,772

 

$

579,263

 

Net income attributable to Altisource

 

94,457

 

101,413

 

Earnings per share — diluted

 

3.77

 

4.05

 

 

 

 

Nine months ended
September 30, 2012

 

(in thousands, except per share amounts)

 

As reported

 

Pro forma

 

Revenue

 

$

427,259

 

$

536,647

 

Net income attributable to Altisource

 

80,334

 

103,313

 

Earnings per share — diluted

 

3.23

 

4.15

 

 

 

 

Three months ended
September 30, 2012

 

(in thousands, except per share amounts)

 

As reported

 

Pro forma

 

Revenue

 

$

143,988

 

$

180,451

 

Net income attributable to Altisource

 

27,024

 

34,665

 

Earnings per share — diluted

 

1.08

 

1.39