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Acquisition (Tables)
 12 Months Ended
Dec. 31, 2014
Business Acquisition [Line Items]  
Schedule of Fair Value of Purchase Consideration [Table Text Block]
Estimated Fair
Value at
(In millions)January 31, 2013
Fair value of purchase consideration
Cash paid for 100% of shares$ 25.9
Fair value of contingent consideration 1.8
Fair value of purchase consideration$ 27.7
Schedule of Purchase Price Allocation [Table Text Block]
Fair value of net assets acquired
Cash$10.0
Accounts receivable7.8
Other current assets19.9
Property and equipment4.0
Intangible assets(a)11.8
Goodwill(b)14.0
Current liabilities(38.8)
Noncurrent liabilities(1.0)
Fair value of net assets acquired$ 27.7

  • Intangible assets are primarily comprised of agent relationships and contractual agreements with the major Brazilian telecommunications companies. As of the acquisition date, the weighted-average amortization period for these intangible assets was 10.9 years.
  • Consists of intangible assets that do not qualify for separate recognition, combined with synergies expected from integrating Rede Trel's distribution network into our existing ePago business. All of the goodwill was assigned to the Latin America reporting unit at the acquisition date and is expected to be deductible for tax purposes