Computer Software, net (Tables)

12 Months Ended

Dec. 31, 2012

Computer Software, Intangible Asset

Components of Intangible Assets

Computer software at December 31 is summarized as follows:

(in thousands)	2012		2011
Licensed computer software	$	461,217		423,100
Software development costs		303,668		283,452
Acquisition technology intangibles		89,371		76,055
Total computer software		854,256		782,607
Less accumulated amortization:
Licensed computer software		336,521		309,571
Software development costs		232,113		208,781
Acquisition technology intangibles		58,705		49,011
Total accumulated amortization		627,339		567,363
Computer software, net	$	226,917		215,244

Weighted Average Useful Life

The weighted average useful life for each component of computer software, and in total, at December 31, 2012, is as follows:

	Weighted Average Amortization Period (Yrs)
Licensed computer software		5.5
Software development costs		5.9
Acquisition technology intangibles		6.6
Total		5.8

Estimated Future Amortization Expense

Estimated future amortization expense of licensed computer software, software development costs and acquisition technology intangibles as of December 31, 2012 for the next five years is:

(in thousands)	Licensed Computer Software		Software Development Costs		Acquisition Technology Intangibles
2013	$	35,676		25,345		10,306
2014		31,020		19,025		8,471
2015		24,521		13,331		5,426
2016		15,911		9,028		3,958
2017		11,153		4,734		2,474

Contract Acquisition Costs

Components of Intangible Assets

Significant components of contract acquisition costs at December 31 are summarized as follows:

(in thousands)	2012		2011
Conversion costs, net	$	85,402		88,765
Payments for processing rights, net		75,865		74,222
Total	$	161,267		162,987

Weighted Average Useful Life

The weighted average useful life for each component of contract acquisition costs, and in total, at December 31, 2012 is as follows:

	Weighted Average Amortization Period (Yrs)
Payments for processing rights		12.6
Conversion costs		9.4
Total		11.0

Estimated Future Amortization Expense

Estimated future amortization expense on payments for processing rights and conversion costs as of December 31, 2012 for the next five years is:

(in thousands)	Conversion Costs		Payments for Processing Rights
2013	$	17,769		14,622
2014		16,699		13,460
2015		15,715		11,552
2016		13,059		9,181
2017		9,316		7,240

Other intangible assets

Components of Intangible Assets

Significant components of other intangible assets at December 31 are summarized as follows:

	2012
(in thousands)	Gross		Accumulated Amortization			Net
Customer relationships	$	167,641		(49,822	)	$	117,819
Trade association		10,000		(2,750	)		7,250
Trade name		2,537		(1,504	)		1,033
Channel relationships		1,600		(266	)		1,334
Covenants-not-to-compete		3,440		(822	)		2,618
Total	$	185,218		(55,164	)	$	130,054

	2011
(in thousands)	Gross		Accumulated Amortization			Net
Customer relationships	$	106,312		(34,899	)	$	71,413
Trade association		10,000		(1,750	)		8,250
Trade name		2,024		(2,024	)		—
Channel relationships		1,600		(107	)		1,493
Covenants-not-to-compete		1,140		(1,046	)		94
Total	$	121,076		(39,826	)	$	81,250

Weighted Average Useful Life

The weighted average useful life for each component of other intangible assets, and in total, at December 31, 2012 is as follows:

	Weighted Average Amortization Period (Yrs)
Customer relationships		8.2
Trade association		10.0
Trade name		2.7
Channel relationships		10.0
Covenants-not-to-compete		2.9
Total		8.1

Estimated Future Amortization Expense

Estimated future amortization expense on other intangible assets as of December 31, 2012 for the next five years is:

(in thousands)
2013	$	21,885
2014		21,445
2015		19,669
2016		19,111
2017		18,721