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Stock-Based Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2015
Summary of Stock Options Issued Pursuant to Stock Incentive Plans

A summary of stock options issued pursuant to the Company’s stock incentive plans is as follows:

 

     Number of
Shares
     Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Term (Years)
     Aggregate
Intrinsic Value of
In-the-Money
Options
 

Outstanding as of December 31, 2014

     5,282,693       $ 12.06         

Granted

     2,055,514         19.12         

Exercised

     (1,108,965      10.42         

Forfeited

     (365,286      19.08         

Expired

     (593      20.51         
  

 

 

    

 

 

       

Outstanding as of September 30, 2015

     5,863,363       $ 14.41         6.53       $ 39,394,952   
  

 

 

    

 

 

    

 

 

    

 

 

 

Exercisable as of September 30, 2015

     3,285,184       $ 10.85         4.68       $ 33,735,724   
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested restricted share awards (“RSAs”) as of September 30, 2015 and changes during the period are as follows:

 

Nonvested Restricted Share Awards

   Number of
Restricted
Share Awards
     Weighted-Average Grant
Date Fair Value
 

Nonvested as of December 31, 2014

     183,209       $ 17.11   

Granted

     118,978         23.80   

Vested

     (158,217      17.20   
  

 

 

    

 

 

 

Nonvested as of September 30, 2015

     143,970       $ 22.54   
  

 

 

    

 

 

 
Online Resources Corporation [Member]  
Summary of Stock Options Issued Pursuant to Stock Incentive Plans

A summary of transaction stock options issued pursuant to the Company’s stock incentive plans is as follows:

 

     Number of
Shares
     Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Term (Years)
     Aggregate
Intrinsic Value of
In-the-Money
Options
 

Outstanding as of December 31, 2014

     46,512       $ 36.73         

Exercised

     (240      13.92         

Expired

     (8,187      45.07         
  

 

 

    

 

 

       

Outstanding as of September 30, 2015

     38,085       $ 35.09         1.18       $ 48,319   
  

 

 

    

 

 

    

 

 

    

 

 

 

Exercisable as of September 30, 2015

     38,085       $ 35.09         1.18       $ 48,319   
  

 

 

    

 

 

    

 

 

    

 

 

 
Black-Scholes Option-Pricing Model [Member]  
Estimated Fair Value of Options Granted Pricing Model with Weighted-Average Assumptions

The fair value of options granted during the nine months ended September 30, 2015 and 2014 was estimated on the date of grant using the Black-Scholes option-pricing model, a pricing model acceptable under U.S. GAAP, with the following weighted-average assumptions:

 

     Nine Months Ended
September 30, 2015
    Nine Months Ended
September 30, 2014
 

Expected life (years)

     5.93        5.93   

Interest rate

     1.4     1.8

Volatility

     32.1     45.2

Dividend yield

     —          —     
Monte Carlo Simulation [Member]  
Estimated Fair Value of Options Granted Pricing Model with Weighted-Average Assumptions

With respect to options granted that vest based on the achievement of certain market conditions, the grant date fair value of such options was estimated using the following weighted-average assumptions:

 

     Nine Months Ended
September 30, 2015
 

Expected life (years)

     7.50   

Interest rate

     1.7

Volatility

     41.9

Dividend yield

     —     
LTIP Performance Shares [Member]  
Summary of Nonvested Performance-Based Share Awards and Changes During Period

A summary of nonvested long-term incentive program performance share awards (“LTIP performance shares”) outstanding as of September 30, 2015 and changes during the period are as follows:

 

Nonvested LTIP Performance Shares

   Number of
Shares at
Expected
Attainment
     Weighted-
Average
Grant Date
Fair Value
 

Nonvested as of December 31, 2014

     1,145,916       $ 14.84   

Granted

     1,025,863         19.12   

Forfeited

     (195,919      19.41   

Vested

     (548,671      9.75   

Change in expected attainment for 2011 and 2013 grants

     (528,303      19.44   
  

 

 

    

 

 

 

Nonvested as of September 30, 2015

     898,886       $ 19.13   
  

 

 

    

 

 

 
S1 Corporation 2003 Stock Incentive Plan [Member]  
Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested Transaction RSAs issued under the S1 Corporation 2003 Stock Incentive Plan as of September 30, 2015 and changes during the period are as follows:

 

Nonvested Transaction Restricted Share Awards

   Number of
Restricted
Share Awards
     Weighted-Average Grant
Date Fair Value
 

Nonvested as of December 31, 2014

     17,565       $ 11.80   

Forfeited

     (4,364      11.80   
  

 

 

    

 

 

 

Nonvested as of September 30, 2015

     13,201       $ 11.80   
  

 

 

    

 

 

 
Performance-Based Restricted Share Awards [Member]  
Summary of Nonvested Performance-Based Share Awards and Changes During Period

A summary of nonvested PBRSAs as of September 30, 2015 and changes during the period are as follows:

 

Nonvested Performance-Based Restricted Share Awards

   Number of
Performance-Based
Restricted
Share Awards
     Weighted-Average Grant
Date Fair Value
 

Nonvested as of December 31, 2014

     —         $ —     

Granted

     978,365         23.45   

Forfeited

     (32,520      24.41   
  

 

 

    

 

 

 

Nonvested as of September 30, 2015

     945,845       $ 23.42