Acquisitions (Tables)

12 Months Ended

Dec. 31, 2011

Estimated Fair Value 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:

	Fair Value (in millions)		Weighted Average Useful Lives
Customer relationships	$	10.0		7.0 years
Channel relationships		1.6		10.0 years
Covenants-not-to-compete		0.1		2.0 years
Total acquired identifiable intangible assets	$	11.7		7.3 years

The Amounts of The Assets Acquired and Liabilities Assumed Recognized

The following table summarizes the consideration paid for TMS and the amounts of the assets acquired and liabilities assumed recognized on April 1, 2010 (the acquisition date), as well as the fair value at the acquisition date of the noncontrolling interest in TMS. TSYS assumed no liabilities in connection with the acquisition.

(in thousands)
Consideration:
Cash	$	150,450
Equity instruments		—
Contingent consideration arrangement		—
Fair value of total consideration transferred		150,450
Fair value of TSYS’ equity interest in TMS held before the business combination		—
	$	150,450
Acquisition-related costs (included in selling, general, and administrative expenses in TSYS’ income statement for the twelve months ended December 31, 2010)	$	4,130
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash	$	1,919
Property and equipment		1,788
Software		243
Identifiable intangible assets		100,800
Other assets		1,204
Financial liabilities		—
Liability arising from a contingency		—
Total identifiable net assets		105,954
Noncontrolling interest in TMS		(111,000	)
Goodwill		155,496
	$	150,450

Amounts of TMS' Revenue and Earnings Included in TSYS Consolidated Income Statement

The amounts of TMS’ revenue and earnings included in TSYS’ consolidated income statement for the years ended December 31, 2011 and 2010, and the pro forma revenue and 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
Actual from 1/1/2011-12/31/2011	$	1,808,966	$	220,559	$	1.15	$	1.15
Actual from 1/1/2010-12/31/2010	$	1,717,577	$	193,947	$	0.99	$	0.99
Supplemental pro forma for 1/1/2010-12/31/2010	$	1,745,244	$	202,242	$	1.03	$	1.03

TermNet

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 identifiable assets acquired and liabilities assumed effective May 2, 2011:

(in thousands)
Cash and restricted cash	$	2,691
Accounts receivable, net		10,253
Other assets		1,516
Identifiable intangible assets		11,740
Goodwill		28,918
Accounts payable		(5,578	)
Accrued compensation		(2,683	)
Deferred income tax liability		(4,506	)
Other liabilities		(351	)
Total consideration	$	42,000