Acquisitions (Tables)

3 Months Ended

Mar. 31, 2012

Purchase Price Allocation

In connection with the acquisition, the Company recorded the following amounts based upon its preliminary purchase price allocation during the three months ended March 31, 2012, which are subject to completion of the valuation and other analyses (in thousands, except weighted-average useful lives):

	Amount		Weighted-Average Useful  Lives
Current assets:
Cash and cash equivalents	$	97,748
Billed and accrued receivables, net		62,584
Other current assets		27,708
Total current assets acquired		188,040
Noncurrent assets:
Property and equipment		25,991
Goodwill		271,286
Software		88,277	5-10 years
Customer relationships		108,690	10 -20 years
Trademarks		4,500	3 years
Covenant not to compete		360	3 years
Other noncurrent assets		17,897
Total assets acquired		705,041
Current liabilities:
Deferred revenue		34,341
Accrued employee compensation		33,975
Other current liabilities		26,400
Total current liabilities acquired		94,716
Noncurrent liabilities acquired		23,041
Total liabilities acquired		117,757
Net assets acquired	$	587,284

Proforma Financial Information

The following pro forma financial information presents the combined historical results of the combined Company as if the acquisition had occurred January 1, 2011 (in thousands, except per share data).

	Pro Forma Results of Operations for the Three Months Ended  March 31,
	2012			2011
Total Revenues		170,390			162,383
Net loss		(384	)		(1,100	)
Loss per share
Basic	$	(0.01	)	$	(0.03	)
Diluted	$	(0.01	)	$	(0.03	)

S1 Corporation

Purchase Price of S1 Corporation's Common Stock

The purchase price of S1 Corporation’s common stock as of the date of acquisition was comprised of (in thousands):

	Amount
Cash payments to S1 shareholders	$	365,918
Issuance of ACI common stock		204,857
Reissuance of treasury stock		2,174
Cash payments for noncompete agreements		2,778
S1 shares previously held as available-for-sale securities		11,557
Total Purchase Price	$	587,284