Business Combinations (Tables)

6 Months Ended

Jun. 30, 2011

Summary of Consideration Paid and Recognized Amounts of Assets Acquired and Liabilities Assumed

The following table summarizes the consideration paid for TermNet and the recognized amounts of assets acquired and liabilities assumed effective May 2, 2011:

(in thousands)
Preliminary recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and restricted cash	$      2,713
Accounts receivable, net	10,258
Other assets	1,517
Identifiable intangible assets	11,640
Goodwill	29,161
Accounts payable	(5,535)
Accrued compensation	(2,699)
Deferred income tax liability	(4,506)
Other liabilities	(549)
Total consideration	$    42,000

Estimated Fair Value and Weighted Average Useful Lives of Identifiable Intangible Assets Acquired

The estimated fair value of identifiable intangible assets acquired in the acquisition of TermNet and the related estimated weighted average useful lives are as follows:

(in millions)
	Fair Value	Weighted Average     Useful Lives
Customer relationships	$      9.9	7.0 years
Channel relationships	1.6	10.0 years
Non-compete agreements	0.1	2.0 years
Total acquired identifiable intangible assets	$    11.6	7.3 years

Amounts of TMS' Revenue and Earnings Included in TSYS' Consolidated Income Statement, and the Pro Forma Revenue and Earnings of the Combined Entity had the Acquisition Date be January 1, 2010

The amounts of TMS’ revenue and earnings included in TSYS’ consolidated income statement for the three and six months ended June 30, 2011, and the pro forma revenue and 100-percent of the earnings of the combined entity had the acquisition date been January 1, 2010 are:

(in thousands)	Revenue	Net Income Attributable to TSYS Common Shareholders	Basic EPS Attributable to TSYS Common Shareholders	Diluted EPS Attributable to TSYS Common Shareholders
Quarter
Actual from 4/1/2011-6/30/2011	$447,554	$53,747	$0.28	$0.28
Actual from 4/1/2010-6/30/2010	430,887	49,704	0.25	0.25
Supplemental pro forma for 4/1/2010-6/30/2010	430,887	51,405	0.26	0.26

(in thousands)	Revenue	Net Income Attributable to TSYS Common Shareholders	Basic EPS Attributable to TSYS Common Shareholders	Diluted EPS Attributable to TSYS Common Shareholders
Year-to-Date
Actual from 1/1/2011-6/30/2011	$876,985	$102,537	$0.53	$0.53
Actual from 1/1/2010-6/30/2010	844,350	101,030	0.51	0.51
Supplemental pro forma for 1/1/2010-6/30/2010	872,017	104,737	0.53	0.53