Acquisitions (Tables) (Presort Meisel Xpo And Edgar Online Acquisitions)

3 Months Ended

Mar. 31, 2013

Presort Meisel Xpo And Edgar Online Acquisitions

Schedule of Purchase Price Allocation for Acquisitions

Based on the valuations, the final purchase price allocations for these acquisitions were as follows:

Accounts receivable	$	18.3
Inventories		2.0
Prepaid expenses and other current assets		4.3
Property, plant and equipment		10.4
Amortizable other intangible assets		37.5
Other noncurrent assets		15.1
Goodwill		55.8
Accounts payable and accrued liabilities		(21.5)
Other noncurrent liabilities		(0.1)
Deferred taxes-net		10.4
Total purchase price-net of cash acquired		132.2
Less: debt assumed		1.4
Less: fair value of contingent consideration		3.5
Net cash paid	$	127.3

Fair Value, Valuation Techniques and Related Unobservable Inputs of Level Three

The following table presents the fair value, valuation techniques and related unobservable inputs for these Level 3 measurements:

	Fair Value		Valuation Technique		Unobservable  Input	Range
Customer relationships	$	31.4	Excess earnings, with and without method	Discount rate Attrition rate		16.0% - 17.0% 7.0% - 20.0%
Technology		14.5	Excess earnings, relief-from-royalty method, cost approach	Discount rate Obsolescence factor Royalty rate (after-tax)		16.0% - 17.0% 10.0% - 20.0% 4.5%
Trade names		3.5	Relief-from-royalty method	Discount rate Royalty rate (after-tax)		15.5% - 17.0% 0.3% - 1.2%
Non-compete agreements		2.6	Excess earnings, with and without method	Discount rate		16.0% - 17.0%
Contingent consideration		3.5	Probability weighted discounted future cash flows	Discount rate		4.5%