Annual report pursuant to Section 13 and 15(d)

Business Acquisitions (Details)

v2.4.0.8
Business Acquisitions (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 0 Months Ended 6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 13, 2011
FundQuest
Feb. 28, 2010
FundQuest
item
Dec. 31, 2013
FundQuest
Dec. 31, 2012
FundQuest
Dec. 31, 2011
FundQuest
Apr. 05, 2012
Prima
May 01, 2012
Tamarac
Jul. 02, 2013
WMS
Dec. 31, 2013
WMS
Jul. 02, 2013
WMS
Level 3
Jul. 02, 2013
WMS
Customer lists
Jul. 02, 2013
WMS
Proprietary technology
Business acquisitions                              
Maturity of agreement with FundQuest Incorporated         7 years                    
Number of up-front annual payment         5                    
Contractual term of FundQuest         5 years                    
Warrant to purchase shares         1,388,888                    
Exercise price (in dollars per share)         $ 10.80                    
Estimated fair value of warrant         $ 2,946                    
Contractual term of amortized value of assets under management or administration         7 years                    
Customer inducement amortization (483) 1,389 332     0 0 4,568              
Imputed interest expense on contingent consideration 787 3 786     0 0 771       787      
Business combination charge arising from customer inducement agreement       1,183                      
Consideration transferred in acquisition                              
Cash paid to owners       24,390         13,750 54,000 8,992        
Favorable contract change in non-cash consideration       4,897                      
Other     4,897 1,241                      
Non-cash consideration                   101          
Cash acquired       (671)         (1,767) (2,533)          
Receivable from working capital settlement       (2,061)         1,942 (3,141)          
Total estimated fair value of consideration       27,796         13,925 48,427          
Decrease in goodwill             889                
Acquisitions                              
Contingent consideration 16,017                   15,738        
Contingent consideration                       17,026 15,738    
Consideration for acquisition                     24,730        
Estimated fair values of the assets acquired and liabilities assumed                              
Accounts receivable       2,603         72 489          
Other receivables                   681          
Prepaid expenses and other current assets       46         36 216          
Deferred income taxes - non current                 1,328 7,235          
Notes receivable                 860            
Property and equipment       442         103 444          
Deposits                   379          
Intangible assets       11,830         4,940 16,150          
Goodwill 74,335 65,644 21,334 19,303         9,283 35,027 8,691        
Accounts payable and accrued liabilities       (1,364)         (171) (2,356)          
Deferred income tax liabilities       (4,710)         (1,796) (5,907)          
Deferred revenue       (354)         (730) (3,931)          
Total tangible assets acquired                     1,296        
Total liabilities assumed                     (2,257)        
Identifiable intangible assets:                           14,000 3,000
Total net assets acquired       27,796         13,925 48,427 24,730        
Contingent consideration in cash                     23,000        
Contingent consideration, undiscounted liability                     19,670        
Liability discount rate (as a percent)                     10.00%        
Contingent consideration period                     3 years        
Contingent consideration, future undiscounted payments                              
July 31, 2014                       6,000      
July 31, 2015                       6,745      
July 31, 2016                       6,925      
Estimated fair value adjustment on contingent consideration $ 501                     $ 501