Business Acquisitions (Tables)
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Dec. 31, 2012
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Summary of Allocation of Purchase Price to Net Assets of optionsXpress | The following table summarizes the allocation of the purchase price to the net assets of optionsXpress:
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Summary of Fair Values of Assets Acquired and Liabilities Assumed as of Acquisition Date | The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date:
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Summary of Estimated Fair Value and Useful Lives of Intangible Assets Related to Acquisition | The following table summarizes the estimated fair value and useful lives of the intangible assets.
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Pro Forma Results of Operations | The following table presents unaudited pro forma financial information as if optionsXpress had been acquired prior to January 1, 2010. Pro forma net income for the year ended December 31, 2011, was adjusted to exclude $16 million, after tax, of acquisition related costs incurred by the Company in 2011. Additionally, pro forma net income below excludes $15 million, before tax, of acquisition related costs because these costs were incurred by optionsXpress prior to the acquisition date. Pro forma net income also reflects the impact of amortizing purchase accounting adjustments relating to intangible assets, net of tax, of $20 million and $22 million, for the years ended December 31, 2011 and 2010, respectively.
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