Condensed Consolidated Financial Statements (Tables)

6 Months Ended

Jun. 30, 2016

Accounting Policies [Abstract]

Receivables and Concentration of Credit Risk

Receivables represent amounts billed and amounts earned that are to be billed in the near future. Included in accrued receivables are services and software hosting revenues earned in the current period but billed in the following period as well as license revenues that are determined to be fixed and determinable but billed in future periods.

(in thousands)	June 30, 2016			December 31, 2015
Billed Receivables	$	148,869		$	192,045
Allowance for doubtful accounts		(3,911	)		(5,045	)
Billed, net		144,958			187,000
Accrued Receivables		23,668			32,116
Receivables, net	$	168,626		$	219,116

Components of Other Current Assets and Other Current Liabilities

Other Current Assets and Other Current Liabilities

(in thousands)	June 30,  2016		December 31, 2015
Settlement deposits	$	4,566	$	5,357
Settlement receivables		3,463		7,961
Other		9,912		8,319
Total other current assets	$	17,941	$	21,637
(in thousands)	June 30,  2016		December 31, 2015
Settlement payables	$	6,941	$	11,250
Accrued interest		7,547		7,501
Vendor financed licenses		11,749		15,723
Royalties payable		4,013		4,910
Other		30,983		35,841
Total other current liabilities	$	61,233	$	75,225

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill attributable to each reporting unit with goodwill balances during the six months ended June 30, 2016 were as follows:

(in thousands)	Americas			EMEA			Asia/ Pacific		Total
Gross Balance prior to December 31, 2015	$	524,573		$	376,827		$	59,293	$	960,693
Total impairment prior to December 31, 2015		(47,432	)		—			—		(47,432	)
Balance, December 31, 2015		477,141			376,827			59,293		913,261
Goodwill from acquisitions (1)		—			665			—		665
Foreign currency translation adjustments		422			(997	)		2,306		1,731
Balance, June 30, 2016	$	477,563		$	376,495		$	61,599	$	915,657

(1) Goodwill from acquisitions relates to adjustments in the goodwill recorded for the acquisition of PAY.ON AG and its subsidiaries (collectively “PAY.ON”) as discussed in Note 2, Acquisitions. The purchase price allocation for PAY.ON is preliminary as of June 30, 2016 and accordingly is subject to future changes during the maximum one-year measurement period.

Revenues in Condensed Consolidated Statements of Operations from Arrangements for which Vendor-Specific Objective Evidence of Fair Value Does Not Exist for Each Undelivered Element

This allocation methodology has been applied to the following amounts included in revenues in the condensed consolidated statements of operations from arrangements for which VSOE of fair value does not exist for each undelivered element:

(in thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
License	$	1,704	$	1,918	$	3,395	$	3,925
Maintenance		800		872		1,797		1,815
Services		60		131		138		234
Total	$	2,564	$	2,921	$	5,330	$	5,974