Condensed Consolidated Financial Statements (Tables)

3 Months Ended

Mar. 31, 2017

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, software as a service (“SaaS”) and platform as a service (“Platform”) revenues earned in the current period but billed in a subsequent period as well as license revenues that are determined to be fixed and determinable but billed in future periods.


(in thousands)	March 31, 2017			December 31, 2016
Billed Receivables	$	165,002		$	250,116
Allowance for doubtful accounts		(4,215	)		(3,873	)

Billed, net		160,787			246,243
Accrued Receivables		22,695			21,919

Receivables, net	$	183,482		$	268,162

Components of Other Current Assets and Other Current Liabilities

Other Current Assets and Other Current Liabilities


(in thousands)	March 31, 2017		December 31, 2016
Settlement deposits	$	7,226	$	10,496
Settlement receivables		3,883		14,327
Other		9,977		8,755

Total other current assets	$	21,086	$	33,578


(in thousands)	March 31, 2017		December 31, 2016
Settlement payables	$	10,932	$	24,016
Accrued interest		2,429		7,356
Vendor financed licenses		5,637		9,213
Royalties payable		6,885		7,197
Other		28,270		31,059

Total other current liabilities	$	54,153	$	78,841

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill attributable to each reporting unit with goodwill balances during the three months ended March 31, 2017 were as follows:


(in thousands)	Americas			EMEA		Asia/Pacific		Total
Gross Balance prior to December 31, 2016	$	524,829		$	374,130	$	58,164	$	957,123
Total impairment prior to December 31, 2016		(47,432	)		—		—		(47,432	)

Balance, December 31, 2016		477,397			374,130		58,164		909,691
Foreign currency translation adjustments		293			574		2,456		3,323

Balance, March 31, 2017	$	477,690		$	374,704	$	60,620	$	913,014