View Filing Data

Print Document View Excel Document

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2016	Oct. 31, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q3
Trading Symbol	ACIW
Entity Registrant Name	ACI WORLDWIDE, INC.
Entity Central Index Key	0000935036
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		117,289,225

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 50,912	$ 102,239
Receivables, net of allowances of $3,829 and $5,045, respectively	159,409	219,116
Recoverable income taxes	5,318	12,048
Prepaid expenses	28,825	27,461
Other current assets	18,304	21,637
Total current assets	262,768	382,501
Noncurrent assets
Property and equipment, net	78,894	60,630
Software, net	188,743	237,941
Goodwill	915,857	913,261
Intangible assets, net	212,393	256,925
Deferred income taxes, net	99,365	90,872
Other noncurrent assets	44,166	33,658
TOTAL ASSETS	1,802,186	1,975,788
Current liabilities
Accounts payable	38,124	55,420
Employee compensation	48,647	31,213
Current portion of long-term debt	90,270	89,710
Deferred revenue	116,990	128,559
Income taxes payable	3,113	4,734
Other current liabilities	55,079	75,225
Total current liabilities	352,223	384,861
Noncurrent liabilities
Deferred revenue	40,720	42,081
Long-term debt	652,387	834,449
Deferred income taxes, net	24,055	28,067
Other noncurrent liabilities	38,039	31,930
Total liabilities	1,107,424	1,321,388
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at September 30, 2016 and December 31, 2015
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at September 30, 2016 and December 31, 2015	702	702
Additional paid-in capital	590,009	561,379
Retained earnings	479,040	416,851
Treasury stock, at cost, 23,247,854 and 21,491,285 shares at September 30, 2016 and December 31, 2015, respectively	(298,526)	(252,956)
Accumulated other comprehensive loss	(76,463)	(71,576)
Total stockholders' equity	694,762	654,400
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,802,186	$ 1,975,788

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Receivables, allowances	$ 3,829	$ 5,045
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.005	$ 0.005
Common stock, shares authorized	280,000,000	280,000,000
Common stock, shares issued	140,525,055	140,525,055
Treasury stock, shares	23,247,854	21,491,285

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Revenues

License

$ 43,256

$ 50,237

$ 114,189

$ 156,975

Maintenance

57,741

59,262

175,404

178,895

Services

19,809

25,842

63,208

72,449

Hosting

96,169

103,360

310,170

329,021

Total revenues

216,975

238,701

662,971

737,340

Operating expenses

Cost of license

^[1]

5,253

5,387

15,302

17,435

Cost of maintenance, services and hosting

^[1]

95,014

104,272

318,783

337,769

Research and development

42,210

36,123

132,235

112,639

Selling and marketing

29,874

28,451

88,661

88,660

General and administrative

31,390

20,284

91,978

66,867

Gain on sale of CFS assets

489

(151,463)

Depreciation and amortization

22,098

20,298

66,688

59,995

Total operating expenses

226,328

214,815

562,184

683,365

Operating income (loss)

(9,353)

23,886

100,787

53,975

Other income (expense)

Interest expense

(9,838)

(9,728)

(29,967)

(31,174)

Interest income

145

416

254

Other

2,794

4,314

4,483

27,695

Total other income (expense)

(6,899)

(5,320)

(25,068)

(3,225)

Income (loss) before income taxes

(16,252)

18,566

75,719

50,750

Income tax expense (benefit)

(6,426)

3,786

12,875

9,081

Net income (loss)

$ (9,826)

$ 14,780

$ 62,844

$ 41,669

Earnings (loss) per common share

Basic

$ (0.08)

$ 0.13

$ 0.53

$ 0.36

Diluted

$ (0.08)

$ 0.12

$ 0.53

$ 0.35

Weighted average common shares outstanding

Basic

116,118

117,922

117,606

117,035

Diluted

116,118

119,304

118,971

118,498

[1]	The cost of software license fees excludes charges for depreciation but includes amortization of purchased and developed software for resale. The cost of maintenance, services and hosting fees excludes charges for depreciation.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (9,826)	$ 14,780	$ 62,844	$ 41,669
Other comprehensive income (loss):
Unrealized gain on available-for-sale securities				1,488
Reclassification of unrealized gain to realized gain on available-for-sale securities				(24,465)
Foreign currency translation adjustments	(2,228)	(16,822)	(4,887)	(25,360)
Total other comprehensive loss	(2,228)	(16,822)	(4,887)	(48,337)
Comprehensive income (loss)	$ (12,054)	$ (2,042)	$ 57,957	$ (6,668)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 62,844	$ 41,669
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation	16,130	15,919
Amortization	59,708	54,929
Amortization of deferred debt issuance costs	4,198	4,754
Deferred income taxes	(1,561)	3,773
Stock-based compensation expense	33,812	10,050
Gain on sale of available-for-sale securities		(24,465)
Gain on sale of CFS assets	(151,463)
Other, net	(407)	2,467
Changes in operating assets and liabilities, net of impact of acquisitions and divestiture:
Receivables	34,784	31,566
Accounts payable	(15,898)	(5,441)
Accrued employee compensation	18,260	7,141
Current income taxes	5,691	(8,080)
Deferred revenue	3,663	(4,813)
Other current and noncurrent assets and liabilities	(4,905)	(5,626)
Net cash flows from operating activities	64,856	123,843
Cash flows from investing activities:
Purchases of property and equipment	(34,429)	(19,546)
Purchases of software and distribution rights	(19,211)	(12,017)
Proceeds from sale of available-for-sale equity securities		35,311
Proceeds from sale of CFS assets	199,481
Other	(7,000)	(7,000)
Net cash flows from investing activities	138,841	(3,252)
Cash flows from financing activities:
Proceeds from issuance of common stock	2,395	2,298
Proceeds from exercises of stock options	8,749	11,554
Repurchases of common stock	(60,089)
Repurchase of restricted stock and performance shares for tax withholdings	(2,975)	(4,553)
Proceeds from revolving credit facility	52,000	112,000
Repayment of revolving credit facility	(166,000)	(156,000)
Repayment of term portion of credit agreement	(71,470)	(63,530)
Payments on other debt	(13,538)	(11,785)
Payment for debt issuance costs	(370)
Net cash flows from financing activities	(251,298)	(110,016)
Effect of exchange rate fluctuations on cash	(3,726)	(7,019)
Net increase (decrease) in cash and cash equivalents	(51,327)	3,556
Cash and cash equivalents, beginning of period	102,239	77,301
Cash and cash equivalents, end of period	50,912	80,857
Supplemental cash flow information
Income taxes paid, net	11,986	17,169
Interest paid	$ 31,107	$ 31,424

Condensed Consolidated Financial Statements

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Condensed Consolidated Financial Statements

1. Condensed Consolidated Financial Statements

The unaudited condensed consolidated financial statements include the accounts of ACI Worldwide, Inc. and its wholly-owned subsidiaries (collectively, “ACI” or the “Company”). All intercompany balances and transactions have been eliminated. The condensed consolidated financial statements as of September 30, 2016, and for the three and nine months ended September 30, 2016 and 2015, are unaudited and reflect all adjustments of a normal recurring nature, which are, in the opinion of management, necessary for a fair presentation, in all material respects, of the financial position and operating results for the interim periods. The condensed consolidated balance sheet as of December 31, 2015 is derived from the audited financial statements.

The condensed consolidated financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2015, filed on February 26, 2016. Results for the three and nine months ended September 30, 2016 are not necessarily indicative of results that may be attained in the future.

The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Receivables, net

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 or determinable but billed in future periods.


(in thousands)	September 30, 2016			December 31, 2015
Billed Receivables	$	139,671		$	192,045
Allowance for doubtful accounts		(3,829	)		(5,045	)

Billed, net		135,842			187,000
Accrued Receivables		23,567			32,116

Receivables, net	$	159,409		$	219,116

Other Current Assets and Other Current Liabilities


(in thousands)	September 30, 2016		December 31, 2015
Settlement deposits	$	4,713	$	5,357
Settlement receivables		2,847		7,961
Other		10,744		8,319

Total other current assets	$	18,304	$	21,637


(in thousands)	September 30, 2016		December 31, 2015
Settlement payables	$	6,547	$	11,250
Accrued interest		2,651		7,501
Vendor financed licenses		9,385		15,723
Royalties payable		6,652		4,910
Other		29,844		35,841

Total other current liabilities	$	55,079	$	75,225

Individuals and businesses settle their obligations to the Company’s various clients, primarily utility and other public sector clients, using credit or debit cards or via ACH payments. The Company creates a receivable for the amount due from the credit or debit card company and an offsetting payable to the client. Once confirmation is received that the funds have been received, the Company settles the obligation to the client. Due to timing, in some instances, the Company may receive the funds into bank accounts controlled by and in the Company’s name that are not disbursed to its clients by the end of the day resulting in a settlement deposit on the Company’s books.

Off Balance Sheet Accounts

The Company also enters into agreements with certain clients to process payment funds on their behalf. When an automated clearing house or automated teller machine network payment transaction is processed, a transaction is initiated to withdraw funds from the designated source account and deposit them into a settlement account, which is a trust account maintained for the benefit of the Company’s clients. A simultaneous transaction is initiated to transfer funds from the settlement account to the intended destination account. These “back to back” transactions are designed to settle at the same time, usually overnight, such that the Company receives the funds from the source at the same time as it sends the funds to their destination. However, due to the transactions being with various financial institutions there may be timing differences that result in float balances. These funds are maintained in accounts for the benefit of the client which is separate from the Company’s corporate assets. As the Company does not take ownership of the funds, the settlement accounts are not included in the Company’s balance sheet. The Company is entitled to interest earned on the fund balances. The collection of interest on these settlement accounts is considered in the Company’s determination of its fee structure for clients and represents a portion of the payment for services performed by the Company. The amount of settlement funds as of September 30, 2016 and December 31, 2015 were $254.6 million and $260.2 million, respectively.

Goodwill

Changes in the carrying amount of goodwill attributable to each reporting unit with goodwill balances during the nine months ended September 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		553			(1,062	)		2,440		1,931

Balance, September 30, 2016	$	477,694		$	376,430		$	61,733	$	915,857

(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 September 30, 2016 and accordingly is subject to future changes during the maximum one-year measurement period.

In accordance with Accounting Standards codification (“ASC”) 350, Intangibles – Goodwill and Other, we assess goodwill for impairment annually during the fourth quarter of our fiscal year using October 1 balances or when there is evidence that events or changes in circumstances indicate that the carrying amount of the asset may not be recovered. We evaluate goodwill at the reporting unit level and have identified our reportable segments, Americas, EMEA, and Asia/Pacific, as our reporting units. Recoverability of goodwill is measured using a discounted cash flow model incorporating discount rates commensurate with the risks involved. Use of a discounted cash flow model is common practice in impairment testing in the absence of available transactional market evidence to determine the fair value.

The calculated fair value was substantially in excess of the current carrying value for all reporting units based upon our October 1, 2015 annual impairment test and there have been no indications of impairment in the subsequent periods.

Revenue

Vendor Specific Objective Evidence (“VSOE”)

ASC 985-605, Revenue Recognition: Software, requires the seller of software that includes post contract customer support (maintenance or “PCS”) to establish VSOE of fair value of the undelivered element of the contract in order to account separately for the PCS revenue. The Company establishes VSOE of fair value of PCS by reference to stated renewals for all identified market segments. The Company also considers factors such as whether the period of the initial PCS term is relatively long when compared to the term of the software license or whether the PCS renewal is significantly below the Company’s normal pricing practices. In determining whether PCS pricing is significantly below the Company’s normal pricing practice, the Company considers the population of stated renewal rates that are within a reasonably narrow range of the median within the identified market segment over the trailing 12 month period.

Certain of the Company’s software license arrangements include PCS terms that fail to achieve VSOE of fair value due to non-substantive renewal periods, or contain a range of possible non-substantive PCS renewal amounts. For these arrangements, VSOE of fair value of PCS does not exist and revenues for the software license, PCS and services, if applicable, are considered to be one accounting unit and are therefore recognized ratably over the longer of the contractual service term or PCS term once the delivery of both services has commenced. The Company typically classifies revenues associated with these arrangements in accordance with the contractually specified amounts, which approximate fair value assigned to the various elements, including software license, maintenance and services, if applicable.

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 September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
License	$	1,732	$	1,885	$	5,127	$	5,810
Maintenance		840		923		2,637		2,738
Services		61		55		199		289

Total	$	2,633	$	2,863	$	7,963	$	8,837

New Accounting Standards Recently Adopted

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, Simplifying the Presentation of Debt Issuance Costs, which states that entities should present the debt issuance costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. The effective date for the revised standard is for fiscal years beginning after December 15, 2016, with early adoption permitted. The Company has adopted ASU 2015-03 as of January 1, 2016 and applied retrospectively. See Note 4, Debt, for additional details regarding the application of ASU 2015-03.

In April 2015, the FASB issued ASU 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement, related to a customer’s accounting for fees paid in a cloud computing arrangement. The new guidance requires that management evaluate each cloud computing arrangement in order to determine whether it includes a software license that must be accounted for separately from hosted services. ASU 2015-05 applies the same guidance cloud service providers use to make this determination and also eliminates the existing requirement for customers to account for software licenses they acquire by analogizing to the guidance on leases. ASU 2015-05 is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015 and provides the option of applying the guidance prospectively to all arrangements entered into or materially modified after the effective date or on a retrospective basis. The Company has adopted ASU 2015-05 as of January 1, 2016 and applied prospectively. The adoption of this standard update did not have a material impact on the Company’s financial position, results of operations, or cash flow as of September 30, 2016.

In September 2015, the FASB issued ASU 2015-16, Business Combinations. ASU No. 2015-16 requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period after an acquisition within the reporting period they are determined. This is a change from the previous requirement that the adjustments be recorded retrospectively. The ASU also requires disclosure of the effect on earnings of changes in depreciation, amortization or other income effects, if any, as a result of the adjustment to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The ASU is effective for annual reporting periods (including interim reporting periods within those periods) beginning after December 15, 2015. The Company has adopted ASU 2015-16 prospectively as of January 1, 2016. The adoption did not have a material effect on the Company’s financial position, results of operations, or cash flow as of September 30, 2016.

In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting, which changes accounting for certain aspects of employee share-based payments. The new guidance requires excess tax benefits and tax deficiencies to be recorded in the income statement when the awards vest or are settled. In addition, cash flows related to excess tax benefits will no longer be separately classified as a financing activity apart from other income tax cash flows. The standard also allows companies to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting, clarifies that all cash payments made on an employee’s behalf for withheld shares should be presented as a financing activity on the cash flows statement, and provides an accounting policy election to account for forfeitures as they occur. The standard is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, with early adoption permitted. The Company has elected to early adopt these amendments in the third quarter of 2016, which requires it to reflect any adjustments as of January 1, 2016, the beginning of the annual period that includes the interim period of adoption.

Stock-based compensation excess tax benefit or deficiencies are now reflected in the condensed consolidated statement of operations as a component of the provision for income taxes (benefit), whereas they were previously recognized in equity. This amendment and additional amendments to the accounting for income taxes and minimum statutory withholding tax requirements had no impact on retained earnings.

The condensed consolidated statements of cash flows now present excess tax benefits as an operating activity. The Company has elected the retrospective transition method and as a result the condensed consolidated statement of cash flows for the nine months ended September 31, 2015 was adjusted as follows: a $4.9 million increase to net cash provided by operating activities and a $4.9 million increase to net cash used in financing activities. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact to any of the periods presented since the Company has historically presented them as a financing activity.

The Company has elected to account for forfeitures as they occur, rather than estimate expected forfeitures. Under the modified retrospective transition method, the Company has recognized a cumulative-effect reduction to retained earnings of $0.7 million as of January 1, 2016, net of tax of $0.4 million.

Recently Issued Accounting Standards Not Yet Effective

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. This ASU supersedes the revenue recognition requirements in Accounting Standard Codification 605, Revenue Recognition, and most industry-specific guidance. The standard requires that entities recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which a company expects to be entitled in exchange for those goods or services. On July 9, 2015, the FASB deferred the effective date for this ASU to fiscal years beginning after December 15, 2017, and for interim periods within those fiscal years. The standard permits the use of either the retrospective or cumulative effect transition method. At this time, the Company has not selected a transition method. The Company is currently assessing the impact of the adoption of ASU 2014-09 on its financial position, results of operations, and cash flow.

In February 2016, the FASB issued ASU 2016-02, Leases, which relates to the accounting of leasing transactions. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by leases with lease terms of more than 12 months. In addition, this standard requires both lessees and lessors to disclose certain key information about lease transactions. This standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently assessing the impact the adoption of ASU 2016-02 will have on its financial position, results of operations, and cash flow.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments, an update that addresses how certain cash receipts and cash payments are presented and classified in the statement of cash flows. Among the cash flow matters addressed in the update are payments for costs related to debt prepayments or extinguishments, payments related to settlement of certain types of debt instruments, payments of contingent consideration made after a business combination, proceeds from insurance claims and corporate-owned life insurance policies, and distributions received from equity method investees, among others. The standard is effective for fiscal beginning after December 31, 2017, including interim periods within that fiscal year. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period, and all of the amendments must be adopted together in the same period. The amendments will be applied using a retrospective transition method to each period presented, unless impracticable for specific cash flow matters, in which case the amendments would be applied prospectively as of the earliest date practicable. The Company is currently assessing the impact of ASU 2016-15 on its consolidated statement of cash flows.

Acquisitions

9 Months Ended

Sep. 30, 2016

Business Combinations [Abstract]

Acquisitions

2. Acquisitions

PAY.ON

On November 4, 2015, the Company completed the acquisition of PAY.ON for $186.4 million in cash and stock. PAY.ON is a leader in eCommerce payments gateway solutions to payment service providers globally. PAY.ON’s advanced Software as a Service (“SaaS”) based solution complements and strengthens the Company’s Merchant Retail Omni-Channel Universal Payments offerings. The combined entities provide customers the ability to deliver a seamless omni-channel customer payment experience in store, mobile, and online.

Under the terms of the agreement, the Company acquired 100% of the equity of PAY.ON in a combination of cash and stock. The Company used approximately $181.0 million from its Revolving Credit Facility. See Note 4, Debt, for terms of the Credit Facility.

The purchase price of PAY.ON as of the date of the acquisition was comprised of (in thousands):


	Amount
Cash payments to PAY.ON shareholders	$	180,994
Issuance of ACI common stock		5,379

Total purchase price	$	186,373

The consideration paid by the Company to complete the acquisition has been allocated preliminarily to the assets acquired and liabilities assumed based upon their estimated fair values as of the date of the acquisition. The allocation of the purchase price is based upon certain external valuations and other analyses that have not been completed as of the date of this filing, including but not limited to certain accruals and tax matters. Accordingly, the purchase price allocation is considered preliminary and is subject to future adjustments during the maximum one-year measurement period.

The Company incurred approximately $0.9 million in transaction related expenses during the year ended December 31, 2015, including fees to the investment bank, legal and other professional fees, which are included in general and administrative expenses in the accompanying consolidated financial statements.

Under the terms of the PAY.ON acquisition agreement, the Company issued 476,750 shares of ACI common stock to two key PAY.ON employees (“PAY.ON RSAs”) with a fair value of $11.3 million on the date of grant. The awards have requisite service periods of two years and vest in increments of 25% every six months from the date of the acquisition. The PAY.ON RSAs provide for the payment of dividends on the Company’s common stock, if any, to the participant during the requisite service period (vesting period) and the participant has voting rights for each share of common stock. The Company recognizes compensation expense for the PAY.ON RSAs on a straight-line basis over the requisite service period.

PAY.ON contributed approximately $3.8 million and $12.2 million in revenue and an operating loss of $4.2 million and $12.2 million for the three and nine months ended September 30, 2016. Certain revenue and expenses have been estimated that are no longer separately identifiable due to integration activities. The consideration paid by the Company to complete the acquisition has been allocated to the assets acquired and liabilities assumed based upon their estimated fair values as of the date of the acquisition.

In connection with the acquisition, the Company recorded the following amounts based upon its purchase price allocation as of September 30, 2016. The purchase price allocation for PAY.ON is considered preliminary and is subject to completion of valuations and other analyses.


(in thousands, except weighted average useful lives)	Weighted-Average Useful Lives	PAY.ON
Current assets:
Cash and cash equivalents		$	1,627
Receivables, net of allowance			2,674
Other current assets			511

Total current assets acquired			4,812

Noncurrent assets:
Property and equipment			332
Goodwill			140,680
Software	5 years		34,150
Customer relationships	15 years		21,718
Trademarks	5 years		2,300
Other noncurrent assets			7

Total assets acquired			203,999

Current liabilities:
Accounts payable			1,058
Employee compensation			681
Other current liabilities			840

Total current liabilities acquired			2,579

Noncurrent liabilities:
Deferred income taxes			15,047

Total liabilities acquired			17,626

Net assets acquired		$	186,373

The Company made adjustments to the purchase price allocation as certain analysis was completed and additional information became available for receivables, other current assets, property and equipment, software, goodwill, customer relationships, trademarks, accounts payable, employee compensation, other current liabilities, and deferred income taxes. These adjustments and any resulting adjustments to the condensed consolidated statements of operations were not material to the Company’s previously reported operating results or financial position.

Factors contributing to the purchase price that resulted in the goodwill (which is not tax deductible) include the acquisition of management, sales, and technology personnel with the skills to market new and existing products of the Company, enhanced product capabilities, complementary products and customers. Pro forma results for PAY.ON are not presented because they are not material.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1524-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7000-128479

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4922-128472

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4934-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4926-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=73530397&loc=SL65897772-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6996-128479

+ Details

Divestiture	9 Months Ended
Divestiture	Sep. 30, 2016
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]
Divestiture	3. Divestiture Community Financial Services On March 3, 2016, the Company completed the sale of its Community Financial Services (“CFS”) related assets and liabilities, a part of the Americas segment, to Fiserv, Inc. (“Fiserv”) for $200.0 million. The sale of CFS, which was not strategic to the Company’s long-term strategy, is part of the Company’s ongoing efforts to expand as a provider of software products and SaaS-based solutions facilitating real-time electronic and eCommerce payments for large financial institutions, intermediaries, retailers, and billers worldwide. The sale included employee agreements and customer contracts as well as technology assets and intellectual property. For the nine months ended September 30, 2016, the Company recognized a net after-tax gain of $93.4 million on the sale of assets to Fiserv. This gain includes final post-closing adjustments pursuant to the definitive transaction agreement of $0.5 million recognized during the three months ended September 30, 2016. The Company and Fiserv have also entered into a Transition Services Agreement (“TSA”), whereby the Company will continue to perform certain functions on Fiserv’s behalf during a migration period not to exceed 18 months. The TSA is meant to reimburse the Company for direct costs incurred in order to provide such functions, which are no longer generating revenue for the Company.

Debt

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Debt

4. Debt

As of September 30, 2016, the Company had $64.0 million, $389.1 million, and $300.0 million outstanding under its Revolving Credit Facility, Term Credit Facility, and Senior Notes, respectively, with up to $161.0 million of unused borrowings under the Revolving Credit Facility portion of the Credit Agreement, as amended, and up to $25.0 million of unused borrowings under the Letter of Credit agreement. The amount of unused borrowings actually available varies in accordance with the terms of the agreement.

Credit Agreement

The Company entered into the Credit Agreement (the “Credit Agreement”), as amended, with a syndicate of financial institutions, as lenders, and Wells Fargo Bank, National Association (“Wells Fargo”), as Administrative Agent, providing for revolving loans, swingline loans, letters of credit and a term loan on November 10, 2011. The Credit Agreement consists of a five-year $250.0 million senior secured revolving credit facility (the “Revolving Credit Facility”), which includes a sublimit for the issuance of standby letters of credit and a sublimit for swingline loans, and $650.0 million total under the five-year senior secured term loan facility (the “Term Credit Facility” and, together with the Revolving Credit Facility, the “Credit Facility”). The Credit Agreement also allows the Company to request optional incremental term loans and increases in the revolving commitment. The amendment extended the Credit Facility through August 20, 2018.

Borrowings under the Credit Facility bear interest at a rate per annum equal to, at the Company’s option, either (a) a base rate determined by reference to the highest of (1) the rate of interest per annum publicly announced by the Administrative Agent as its Prime Rate, (2) the federal funds effective rate plus 1/2 of 1% and (3) a LIBOR based rate determined by reference to the costs of funds for U.S. dollar deposits for a one-month interest period adjusted for certain additional costs plus 1% or (b) a LIBOR based rate determined by reference to the costs of funds for U.S. dollar deposits for the interest period relevant to such borrowing adjusted for certain additional costs, in each case plus an applicable margin. The applicable margin for borrowings under the Revolving Credit Facility is, based on the calculation of the applicable consolidated total leverage ratio, between 0.50% to 1.50% with respect to base rate borrowings and between 1.50% and 2.50% with respect to LIBOR based borrowings. Interest is due and payable monthly. The interest rate in effect at September 30, 2016 for the Credit Facility was 3.03%.

In addition to paying interest on the outstanding principal under the Credit Facility, the Company is required to pay a commitment fee in respect of the unutilized commitments under the Revolving Credit Facility, payable quarterly in arrears. The Company is also required to pay letter of credit fees on the maximum amount available to be drawn under all outstanding letters of credit in an amount equal to the applicable margin on LIBOR based borrowings under the Revolving Credit Facility on a per annum basis, payable quarterly in arrears, as well as customary fronting fees for the issuance of letters of credit fees and agency fees.

The Company is permitted to voluntarily reduce the unutilized portion of the commitment amount and repay outstanding loans under the Credit Facility at any time without premium or penalty, other than customary “breakage” costs with respect to LIBOR based loans.

Letter of Credit

On February 29, 2016, the Company entered into a six-month standby letter of credit (the “Letter of Credit”), under the terms of the Credit Agreement, for $25.0 million. The Letter of Credit automatically renewed on June 15, 2016. At any time the Company may request to close the Letter of Credit. The Letter of Credit reduces the maximum available borrowings under our Revolving Credit Facility to $225.0 million. Upon expiration of the Letter of Credit, maximum borrowings will return to $250.0 million.

Senior Notes

On August 20, 2013, the Company completed a $300.0 million offering of Senior Notes at an issue price of 100% of the principal amount in a private placement for resale to qualified institutional buyers. The Senior Notes bear an interest rate of 6.375% per annum, payable semi-annually in arrears on August 15 and February 15 of each year, commencing on February 15, 2014. Interest began accruing on August 20, 2013.

Maturities on long-term debt outstanding at September 30, 2016 are as follows:


Fiscal year ending December 31,
(in thousands)
2016	$	23,823
2017		95,293
2018		333,997
2019		—
2020		300,000

Total	$	753,113

The Credit Agreement and Senior Notes also contain certain customary mandatory prepayment provisions. If certain events, as specified in the Credit Agreement or Senior Notes agreement, shall occur, the Company may be required to repay all or a portion of the amounts outstanding under the Credit Facility or Senior Notes.

The Credit Facility will mature on August 20, 2018 and the Senior Notes will mature on August 15, 2020. The Revolving Credit Facility and Senior Notes do not amortize and the Term Credit Facility does amortize, with principal payable in consecutive quarterly installments.

The Company’s obligations and the obligations of the guarantors under the guaranty and cash management arrangements entered into with lenders under the Credit Facility (or affiliates thereof) are secured by first-priority security interests in substantially all assets of the Company and any guarantor, including 100% of the capital stock of ACI Worldwide Corp. and each domestic subsidiary of the Company, each domestic subsidiary of any guarantor and 65% of the voting capital stock of each foreign subsidiary of the Company that is directly owned by the Company or a guarantor, and in each case, is subject to certain exclusions set forth in the credit documentation governing the Credit Facility.

The Credit Agreement and Senior Notes contain certain customary affirmative covenants and negative covenants that limit or restrict, subject to certain exceptions, the incurrence of liens, indebtedness of subsidiaries, mergers, advances, investments, acquisitions, transactions with affiliates, change in nature of business and the sale of the assets. The Company is also required to maintain a consolidated leverage ratio at or below a specified amount and a consolidated fixed charge coverage ratio at or above a specified amount. If an event of default, as specified in the Credit Agreement and Senior Notes agreement, shall occur and be continuing, the Company may be required to repay all amounts outstanding under the Credit Facility and Senior Notes. On June 30, 2016, the Company requested and obtained a waiver to the application of the Consolidated Fixed Charge Coverage Ratio covenant in the Credit Agreement for the fiscal quarters ending June 30, 2016, September 30, 2016, and December 31, 2016. On November 2, 2016, the Company obtained an amendment to increase the Consolidated Net Leverage Ratio covenant in the Credit Agreement from 3.75 to 4.00 for the fiscal quarter ended September 30, 2016. As of September 30, 2016, and at all times during the period, the Company was in compliance with all other financial debt covenants.


(in thousands)	As of September 30, 2016			As of December 31, 2015
Term credit facility	$	389,113		$	460,583
Revolving credit facility		64,000			178,000
6.375% Senior Notes, due August 2020		300,000			300,000
Debt issuance costs		(10,456	)		(14,424	)

Total debt		742,657			924,159
Less current portion of term credit facility		95,293			95,293
Less current portion of debt issuance costs		(5,023	)		(5,583	)

Total long-term debt	$	652,387		$	834,449

In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which states that entities should present the debt issuance costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. The Company has adopted ASU 2015-03 as of January 1, 2016 and applied retrospectively. The adoption of this standard resulted in the reclassification in the condensed consolidated balance sheet as of December 31, 2015 of $5.6 million from other current assets to current portion of long-term debt and $8.8 million from other noncurrent assets to long-term debt.

Fair Value of Financial Instruments

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

5. Fair Value of Financial Instruments

ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC 820 establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs.

The fair value hierarchy is as follows:

•

Level 1 Inputs - Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

•

Level 2 Inputs - Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatilities, prepayment speeds, credit risks, etc.) or inputs that are derived principally from or corroborated by market data by correlation or other means.

•

Level 3 Inputs - Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities.

Debt

The fair value of our Credit Agreement approximates the carrying value due to the floating interest rate (Level 2 of the fair value hierarchy). The Company measures the fair value of its Senior Notes based on Level 2 inputs, which include quoted market prices and interest rate spreads of similar securities. The fair value of the Company’s Senior Notes was $309.8 million and $310.5 million at September 30, 2016 and December 31, 2015, respectively.

Cash and Cash Equivalents

The fair values of cash and cash equivalents approximate the carrying values due to the short period of time to maturity (Level 2 of the fair value hierarchy).

The Company assesses its classifications within the fair value hierarchy at each reporting period. There were no transfers between any levels of the fair value hierarchy during the periods ended September 30, 2016 and December 31, 2015.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Stock-Based Compensation Plans

9 Months Ended

Sep. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Plans

6. Stock-Based Compensation Plans

Employee Stock Purchase Plan

Under the Company’s 1999 Employee Stock Purchase Plan, as amended (the “ESPP”), a total of 4,500,000 shares of the Company’s common stock have been reserved for issuance to eligible employees. Participating employees are permitted to designate up to the lesser of $25,000 or 10% of their annual base compensation for the purchase of common stock under the ESPP. Purchases under the ESPP are made one calendar month after the end of each fiscal quarter. The price for shares of common stock purchased under the ESPP is 85% of the stock’s fair market value on the last business day of the three-month participation period. Shares issued under the ESPP during the nine months ended September 30, 2016 and 2015 totaled 141,484 and 123,866, respectively.

Stock Incentive Plans – 2016 Equity and Performance Incentive Plan

On March 23, 2016, the Company’s Board of Directors (the “Board”) approved the 2016 Equity and Performance Incentive Plan (the “2016 Incentive Plan”). The 2016 Incentive Plan is intended to meet the Company’s objective of balancing stockholder concerns about dilution with the need to provide appropriate incentives to achieve Company performance objectives. The 2016 Incentive Plan was adopted by the stockholders on June 14, 2016. Following the adoption of the 2016 Incentive Plan, the 2005 Equity and Performance Incentive Plan, as amended (the “2005 Incentive Plan”) was terminated. Termination of the 2005 Incentive Plan did not affect any equity awards outstanding under the 2005 Incentive Plan.

The 2016 Incentive Plan provides for the grant of incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock awards, performance awards, and other awards (“Awards”). Subject to adjustment in certain circumstances, the maximum number of shares of Common Stock that may be issued or transferred in connection with Awards granted under the 2016 Incentive Plan will be the sum of (i) 8,000,000 shares of Common Stock and (ii) any shares of Common Stock that are represented by options previously granted under the Current 2005 Incentive Plan which are forfeited, expire, or are canceled without delivery of Common Stock or which result in the forfeiture or relinquishment of Common Stock back to the Company. To the extent Awards granted under the 2016 Incentive Plan terminate, expire, are canceled without being exercised, are forfeited or lapse for any reason, the shares of Common Stock subject to such Award will again become available for grants under the 2016 Incentive Plan.

The 2016 Incentive Plan expressly prohibits re-pricing stock options and appreciation rights. The 2016 Incentive Plan also, subject to certain limited exceptions, expressly requires a one-year vesting period for all stock options and appreciation rights.

No eligible person selected by the Board to receive awards (“Participant”) will receive stock options, stock appreciation rights, restricted stock, restricted stock units and other awards under the 2016 Incentive Plan, during any calendar year, for more than 3,000,000 shares of Common Stock. In addition, no Participant may receive performance shares or performance units having an aggregate value on the date of grant in excess of $9,000,000 during any calendar year. Each of the limits described above may be adjusted equitably to accommodate a change in the capital structure of the Company.

Stock options granted pursuant to the 2016 Incentive Plan are granted at an exercise price not less than the market value per share of the Company’s common stock on the date of the grant. Under the 2016 Incentive Plan, the term of the outstanding options may not exceed ten years nor be less than one year. Vesting of options is determined by the Compensation Committee of the Board of Directors, the administrator of the 2016 Incentive Plan, and can vary based upon the individual award agreements. In addition, outstanding options do not have dividend equivalent rights associated with them under the 2016 Incentive Plan.

The Board may issue or transfer shares of Common Stock to Participants under a restricted stock grant for consideration or no consideration, and subject to restrictions, as determined by the Board. All restricted stock Awards will transfer ownership of such shares of restricted stock to the Participant and entitle the Participant to voting, dividend and other ownership rights, but the Participant’s ownership of the restricted shares shall be subject to substantial risk of forfeiture and restrictions on transfer. The Board may establish conditions under which restrictions will lapse over a period of time based upon the achievement of performance goals or according to such other criteria as the Board deems appropriate (the “Restriction Period”). An Award Agreement for restricted stock Awards may specify any Management Objectives that, if achieved, will result in the termination or early termination of the restrictions on the restricted shares including, without limitation, any minimum acceptable levels of achievement or formulas for determining the number of restricted shares on which the restrictions will terminate.

The Board may award Participants “Performance Shares” or “Performance Units” (collectively, “Performance Awards”) which will become payable to a Participant upon the achievement of specified “Management Objectives”, which are measurable objectives established for Participants. Each Award Agreement for Performance Awards will specify: (i) the number of Performance Shares or Performance Units granted; (ii) the period of time established for the Participant to achieve the Management Objectives (the “Performance Period”); (iii) the Management Objectives and a minimum acceptable level of achievement as well as a formula for determining the number of Performance Shares or Performance Units earned if performance is at or above the minimum level but short of full achievement of the Management Objectives; and (iv) any other terms that the Board may deem appropriate.

Stock-Based Payments

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, 2015		5,799,076		$	14.37
Granted		2,284,500			17.92
Exercised		(754,619	)		11.51
Forfeited		(351,625	)		18.84

Outstanding as of September 30, 2016		6,977,332		$	15.61		6.77	$	27,141,346

Exercisable as of September 30, 2016		3,504,839		$	12.78		4.88	$	23,679,548

As of September 30, 2016, the Company expects that 93.3% of the options will vest over the vesting period.

The weighted-average grant date fair value of stock options granted during the nine months ended September 30, 2016 and 2015 was $5.59 and $6.49, respectively. The Company issued treasury shares for the exercise of stock options during the nine months ended September 30, 2016 and 2015. The total intrinsic value of stock options exercised during the nine months ended September 30, 2016 and 2015 was $6.7 million and $12.1 million, respectively.

The fair value of options that do not vest based on the achievement of certain market conditions granted during the nine months ended September 30, 2016 and 2015 were 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			Nine Months Ended
	September 30, 2016			September 30, 2015
Expected life (years)		5.93			5.93
Interest rate		1.2	%		1.4	%
Volatility		29.7	%		32.1	%
Dividend yield		—			—

Expected volatilities are based on the Company’s historical common stock volatility derived from historical stock price data for historical periods commensurate with the options’ expected life. The expected life is the average number of years that the Company estimated that the options will be outstanding, based primarily on historical employee option exercise behavior. The risk-free interest rate is based on the implied yield currently available on United States Treasury zero coupon issues with a term equal to the expected term at the date of grant of the options. The expected dividend yield is zero as the Company has historically paid no dividends and does not anticipate dividends to be paid in the future.

During the nine months ended September 30, 2016, the Company granted supplemental stock options with three tranches at a grant date fair value of $7.46, $7.06 and $6.50, respectively, per share. These options vest, if at all, based upon (i) tranche one - any time after the third anniversary date if the stock has traded at 133% of the exercise price for at least 20 consecutive trading days, (ii) tranche two - any time after the fourth anniversary date if the stock has traded at 167% of the exercise price for at least 20 consecutive trading days, and (iii) tranche three - any time after the fifth anniversary date if the stock has traded at 200% of the exercise price for at least 20 consecutive trading days. The employees must also remain employed with the Company as of the anniversary date in order for the options to vest. The exercise price of the supplemental stock options is the closing market price on the date the awards were granted. In order to determine the grant date fair value of the supplemental stock options, a Monte Carlo simulation model was used.

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			Nine Months Ended
	September 30, 2016			September 30, 2015
Expected life (years)		7.50			7.50
Interest rate		1.6	%		1.7	%
Volatility		41.6	%		41.9	%
Dividend yield		—			—

Stock Incentive Plan – Online Resources Corporation (“ORCC”) Stock Incentive Plan, as amended and restated

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, 2015		21,036		$	29.76
Exercised		(4,299	)		13.92
Cancelled		(2,634	)		40.51

Outstanding as of September 30, 2016		14,103		$	32.58		1.64	$	—

Exercisable as of September 30, 2016		14,103		$	32.58		1.64	$	—

A summary of nonvested long-term incentive program performance share awards (“LTIP performance shares”) outstanding as of September 30, 2016 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, 2015		889,295		$	19.13
Granted		1,059,428			17.92
Forfeited		(152,746	)		18.64

Nonvested as of September 30, 2016		1,795,977		$	18.46

A summary of nonvested restricted share awards (“RSAs”) as of September 30, 2016 and changes during the period are as follows:


	Number of
	Restricted			Weighted-Average Grant
Nonvested Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		149,262		$	22.62
Granted		148,322			20.19
Vested		(114,219	)		22.64
Forfeited		(11,257	)		21.01

Nonvested as of September 30, 2016		172,108		$	20.62

During the nine months ended September 30, 2016, 114,219 shares of the RSAs vested. The Company withheld 9,062 of those shares to pay the employees’ portion of the minimum payroll withholding taxes.

A summary of nonvested Performance-Based Restricted Share Awards (“PBRSAs”) as of September 30, 2016 and changes during the period are as follows:


	Number of
	Performance-Based
	Restricted			Weighted-Average Grant
Nonvested Performance-Based Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		938,863		$	23.42
Vested		(169,567	)		24.41
Forfeited		(48,081	)		22.23
Change in attainment for 2015 grants		(18,232	)		24.41

Nonvested as of September 30, 2016		702,983		$	23.23

During the nine months ended September 30, 2016, 169,567 shares of the PBRSAs vested. The Company withheld 59,659 of those shares to pay the employees’ portion of the minimum payroll withholding taxes.

Retention Restricted Share Awards

During the nine months ended September 30, 2016, pursuant to the Company’s 2005 Incentive Plan, the Company granted Retention Restricted Share Awards (“Retention RSAs”). The Retention RSA awards granted to named executive officers have a requisite service period (vesting period) of 1.3 years and vest 50% on July 1, 2016 and 50% on July 1, 2017. Retention RSA awards granted to employees other than named executive officers have a vesting period of 0.8 years and vest 50% on July 1, 2016 and 50% on January 1, 2017. Under each agreement, stock is issued without direct cost to the employee. The Company estimates the fair value of the Retention RSAs based upon the market price of the Company’s stock at the date of grant. The Retention RSA grants provide for the payment of dividends on the Company’s common stock, if any, to the participant during the requisite service period and the participant has voting rights for each share of common stock. The Company recognizes compensation expense for Retention RSAs on a straight-line basis over the requisite service period.

A summary of nonvested Retention RSAs as of September 30, 2016 and changes during the period are as follows:


	Number of
	Retention Restricted			Weighted-Average Grant
Nonvested Retention Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		—		$	—
Granted		473,069			17.89
Vested		(226,526	)		17.89
Forfeited		(34,724	)		17.89

Nonvested as of September 30, 2016		211,819		$	17.89

During the nine months ended September 30, 2016, 226,526 shares of the Retention RSAs vested. The Company withheld 76,421 of those shares to pay the employees’ portion of the minimum payroll withholding taxes.

A summary of nonvested PAY.ON RSAs as of September 30, 2016 and changes during the period are as follows:


	Number of
	Retention Restricted			Weighted-Average Grant
Nonvested PAY.ON Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		476,750		$	23.60
Vested		(119,186	)		23.60

Nonvested as of September 30, 2016		357,564		$	23.60

As of September 30, 2016, there were unrecognized compensation expenses of $14.6 million related to nonvested stock options, $2.7 million related to the nonvested RSAs, $21.3 million related to the LTIP performance shares, $5.5 million related to nonvested PBRSAs, $2.1 million related to nonvested Retention RSAs, which the Company expects to recognize over weighted-average periods of 2.1 years, 1.4 years, 2.2 years, 1.1 years, and 0.4 years, respectively.

The Company recorded stock-based compensation expenses for the three months ended September 30, 2016 and 2015 related to stock options, LTIP performance shares, RSAs, PBRSAs, and the ESPP of $10.8 million and $0.8 million, respectively, with corresponding tax benefits of $4.1 million and $0.3 million, respectively. The Company recorded stock-based compensation expenses for the nine months ended September 30, 2016 and 2015 related to stock options, LTIP performance shares, RSAs, PBRSAs, and the ESPP of $33.8 million and $10.1 million, respectively, with corresponding tax benefits of $12.7 million and $3.8 million, respectively. The Company recognizes compensation costs for stock option awards that vest with the passage of time with only service conditions on a straight-line basis over the requisite service period. The Company recognizes compensation costs for stock option awards that vest with service and market-based conditions on a straight-line basis over the longer of the requisite service period or the estimated period to meet the defined market-based condition.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Software and Other Intangible Assets

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Software and Other Intangible Assets

7. Software and Other Intangible Assets

At September 30, 2016, software net book value totaling $188.7 million, net of $183.4 million of accumulated amortization, includes the net book value of software marketed for external sale of $48.3 million. The remaining software net book value of $140.4 million is comprised of various software that has been acquired or developed for internal use.

At December 31, 2015, software net book value totaled $237.9 million, net of $158.9 million of accumulated amortization. Included in this amount is software marketed for external sale of $70.1 million. The remaining software net book value of $167.8 million is comprised of various software that has been acquired or developed for internal use.

Amortization of software marketed for external sale is computed using the greater of the ratio of current revenues to total estimated revenues expected to be derived from the software or the straight-line method over an estimated useful life of three to ten years. Software for resale amortization expense recorded in the three months ended September 30, 2016 and 2015 totaled $2.9 million and $3.4 million, respectively. Software for resale amortization expense recorded in the nine months ended September 30, 2016 and 2015 totaled $9.2 million and $10.9 million, respectively. These software amortization expense amounts are reflected in cost of software license fees in the condensed consolidated statements of operations.

Amortization of software for internal use is computed using the straight-line method over an estimated useful life of three to ten years. Software for internal use includes software acquired through acquisitions that is used to provide certain of the Company’s hosted offerings. Amortization of software for internal use of $11.3 million and $9.4 million for the three months ended September 30, 2016 and 2015, respectively, is included in depreciation and amortization in the condensed consolidated statements of operations. Amortization of software for internal use of $34.2 million and $27.0 million for the nine months ended September 30, 2016 and 2015, respectively, is included in depreciation and amortization in the condensed consolidated statements of operations.

The carrying amount and accumulated amortization of the Company’s other intangible assets that were subject to amortization at each balance sheet date are as follows:


	September 30, 2016							December 31, 2015
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Balance		Gross Carrying Amount		Accumulated Amortization			Net Balance
Customer relationships	$	300,826	$	(93,392	)	$	207,434	$	336,075	$	(86,585	)	$	249,490
Trademarks and tradenames		16,345		(11,386	)		4,959		18,040		(10,605	)		7,435
Purchased Contracts		10,503		(10,503	)		—		10,690		(10,690	)		—

	$	327,674	$	(115,281	)	$	212,393	$	364,805	$	(107,880	)	$	256,925

Other intangible assets amortization expense for the three months ended September 30, 2016 and 2015 totaled $5.3 million and $5.6 million, respectively. Other intangible assets amortization expense for the nine months ended September 30, 2016 and 2015 totaled $16.4 million and $17.1 million, respectively.

Based on capitalized software and other intangible assets at September 30, 2016, estimated amortization expense for future fiscal years is as follows:


Fiscal Year Ending December 31,	Software Amortization		Other Intangible Assets Amortization
(in thousands)
Remainder of 2016	$	14,199	$	4,926
2017		51,240		19,372
2018		39,195		18,868
2019		30,830		18,320
2020		24,733		17,436
2021		16,681		16,950
Thereafter		11,865		116,521

Total	$	188,743	$	212,393

Corporate Restructuring and Other Organizational Changes

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Corporate Restructuring and Other Organizational Changes

8. Corporate Restructuring and Other Organizational Changes

2016 Activities

Approximately $0.6 million of termination costs were paid during the first nine months of 2016, related to termination expenses recognized during 2015. The Company expects the remaining $0.2 million of the severance liability to be paid over the next 12 months.

The Company ceased use of a portion of its leased facilities in Watford, UK; Providence, RI; Chantilly, VA; and West Hills, CA during the nine months ended September 30, 2016. As a result, the Company recorded additional expense of $2.8 million and $5.0 million during the three and nine months ended September 30, 2016, respectively, which was recorded in general and administrative expenses in the accompanying condensed consolidated statements of operations.

2015 Activities

During the nine months ended September 30, 2015, the Company reduced its headcount as a part of its integration of recent acquisitions. In connection with these actions, approximately $1.3 million of termination costs were recognized in general and administrative expense in the accompanying condensed consolidated statements of operations during the nine months ended September 30, 2015.

The components of corporate restructuring and other reorganization activities from the recent acquisitions are included in the following table:


(in thousands)	Severance			Facility Closures			Total
Balance, December 31, 2015	$	777		$	268		$	1,045
Restructuring charges incurred		—			5,041			5,041
Amounts paid during the period		(598	)		(341	)		(939	)
Foreign currency translation		1			(7	)		(6	)

Balance, September 30, 2016	$	180		$	4,961		$	5,141

The $0.2 million for unpaid severance is included in employee compensation and $1.2 million and $3.8 million for unpaid facilities closures is included in other current and noncurrent liabilities, respectively, in the accompanying condensed consolidated balance sheets at September 30, 2016.

Common Stock and Treasury Stock	9 Months Ended
Common Stock and Treasury Stock	Sep. 30, 2016
Equity [Abstract]
Common Stock and Treasury Stock	9. Common Stock and Treasury Stock As of December 31, 2011, the Company’s Board of Directors had approved a stock repurchase program authorizing the Company, from time to time as market and business conditions warrant, to acquire up to $210 million of its common stock. In February 2012, the Company’s Board of Directors approved an increase of $52.1 million to their current stock repurchase authorization, bringing the total authorization to $262.1 million. On September 13, 2012, the Company’s Board of Directors approved the repurchase of up to 7,500,000 shares of the Company’s common stock, or up to $113.0 million in place of the remaining repurchase amounts previously authorized. In July 2013, the Company’s Board of Directors approved an additional $100 million for the stock repurchase program. In February 2014, the Company’s Board of Directors again approved an additional $100 million for the stock repurchase program. The Company repurchased 3,020,926 shares for $60.1 million under the program during the nine months ended September 30, 2016. Under the program to date, the Company has repurchased 40,129,393 shares for approximately $455.9 million. The maximum remaining authorized for purchase under the stock repurchase program was approximately $78.2 million as of September 30, 2016.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

+ Details

Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

10. Earnings (Loss) Per Share

Basic earnings (loss) per share is computed on the basis of weighted average outstanding common shares. Diluted earnings (loss) per share is computed on the basis of basic weighted average outstanding common shares adjusted for the dilutive effect of stock options and other outstanding dilutive securities.

The following table reconciles the average share amounts used to compute both basic and diluted earnings (loss) per share (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Weighted average shares outstanding:
Basic weighted average shares outstanding		116,118		117,922		117,606		117,035
Add: Dilutive effect of stock options		—		1,382		1,365		1,463

Diluted weighted average shares outstanding		116,118		119,304		118,971		118,498

The diluted loss per share computation excludes 9.9 million options to purchase shares, contingently issuable shares and restricted share awards during the three months ended September 30, 2016, as their effect would be anti-dilutive. The diluted earnings per share computation excludes 6.1 million options to purchase shares and contingently issuable shares during the nine months ended September 30, 2016, as their effect would be anti-dilutive. The diluted earnings per share computation excludes 3.6 million and 4.0 million options to purchase shares and contingently issuable shares during the three and nine months ended September 30, 2015, respectively, as their effect would be anti-dilutive.

Common stock outstanding as of September 30, 2016 and December 31, 2015 was 117,277,201 and 119,033,770, respectively.

Other

9 Months Ended

Sep. 30, 2016

Other Income and Expenses [Abstract]

Other

11. Other

Other is comprised of the following items:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2016		2015		2016		2015
Foreign currency transaction gains	$	2,794	$	4,314	$	4,483	$	3,230
Realized gain on sale of available-for-sale securities		—		—		—		24,465

Total	$	2,794	$	4,314	$	4,483	$	27,695

The Company acquired a cost basis investment in Yodlee, Inc. (“Yodlee”) with the acquisition of S1 Corporation (“S1”) in February of 2012, which was fair valued at $9.8 million as a part of the purchase price allocation. The Company subsequently made an additional investment in Yodlee of approximately $1.0 million, bringing the total investment to $10.8 million as of December 31, 2013. On October 3, 2014 Yodlee common stock began trading on the NASDAQ under the symbol YDLE and the Company transitioned to accounting for the investment as available-for-sale securities. The Company recognized an unrealized gain in accumulated other comprehensive income of approximately $23.0 million during the year ended December 31, 2014 related to price appreciation of the Yodlee shares from the cost basis of $10.8 million. As a result of the recognition of the unrealized gain, the Company released a deferred tax asset and an equal and offsetting valuation allowance on the associated deferred tax asset of approximately $8.7 million during the year ended December 31, 2014. This tax impact was also recorded in accumulated other comprehensive income.

During the nine months ended September 30, 2015, the Company sold all of its Yodlee stock holdings in a series of sales and realized a total gain of $24.5 million, which is included in other in the accompanying condensed consolidated statements of operations.

Segment Information

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Segment Information

12. Segment Information

The Company’s chief operating decision maker, together with other senior management personnel, currently focus their review of consolidated financial information and the allocation of resources based on reporting of operating results, including revenues and operating income, for the geographic regions of the Americas, EMEA, and Asia/Pacific and the Corporate line item. The Company’s products are sold and supported through distribution networks covering these three geographic regions, with each distribution network having its own sales force. The Company supplements its distribution networks with independent reseller and/or distributor arrangements. All administrative costs that are not directly attributable or reasonably allocable to a geographic segment are tracked in the Corporate line item. As such, the Company has concluded that its three geographic regions are its reportable segments.

The Company allocates segment support expenses such as global product development, business operations, and product management based upon percentage of revenue per segment. Depreciation and amortization costs are allocated as a percentage of the headcount by segment. The Corporate line item consists of the corporate overhead costs that are not allocated to reportable segments. Corporate overhead costs relate to human resources, finance, legal, accounting, merger and acquisition activity, and amortization of acquisition-related intangibles and other costs that are not considered when management evaluates segment performance.

The following is selected segment financial data for the periods indicated (in thousands):


	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Revenues:
Americas - United States	$	117,407		$	135,504		$	376,322		$	442,042
Americas - Other		21,101			22,787			67,663			57,730
EMEA		55,511			60,558			152,723			178,446
Asia/Pacific		22,956			19,852			66,263			59,122

	$	216,975		$	238,701		$	662,971		$	737,340

Income (loss) before income taxes:
Americas	$	(898	)	$	18,899		$	145,900		$	56,577
EMEA		34,138			34,893			93,070			89,088
Asia/Pacific		15,275			10,041			37,794			28,613
Corporate		(64,767	)		(45,267	)		(201,045	)		(123,528	)

	$	(16,252	)	$	18,566		$	75,719		$	50,750


	September 30,		December 31,
	2016		2015
Total assets:
Americas - United States	$	959,488	$	1,182,309
Americas - Other		29,495		33,492
EMEA		700,191		643,275
Asia/Pacific		113,012		116,712

	$	1,802,186	$	1,975,788

No single customer accounted for more than 10% of the Company’s consolidated revenues during the three and nine months ended September 30, 2016 and 2015. No other country outside the United States accounted for more than 10% of the Company’s consolidated revenues during the three and nine months ended September 30, 2016 and 2015.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes The effective tax rates for the three and nine months ended September 30, 2016 were 40% and 17%, respectively. The earnings of the Company’s foreign entities for the three and nine months ended September 30, 2016 were $16.4 million and $44.0 million, respectively. The tax rates in the foreign jurisdictions in which the Company operates are less than the domestic tax rate; therefore, losses in foreign jurisdictions will increase the Company’s effective tax rate, while earnings in the foreign jurisdictions will reduce the Company’s effective tax rate. The effective tax rate for the three and nine months ended September 30, 2016 was reduced by foreign profits taxed at lower rates. The effective tax rate for the three months ended September 30, 2016 was increased by the establishment of a $4.7 million valuation allowance against foreign tax credits existing in the US that are expected to expire before they can be utilized. The effective tax rate for the nine months ended September 30, 2016 was also reduced by a net release of $5.4 million valuation allowance previously established against foreign tax credits that are now expected to be fully utilized as a result of the sale of the CFS assets and liabilities. The effective tax rates for the three and nine months ended September 30, 2015 were 20% and 18%, respectively. The earnings of the Company’s foreign entities for the three and nine months ended September 30, 2015 were $15.9 million and $35.9 million, respectively. The effective tax rate for the three months ended September 30, 2015 was reduced by foreign profits taxed at lower rates and increased by domestic profits taxed at higher rates. The effective tax rate for the nine months ended September 30, 2015 was reduced by the gain on the sale of the Company’s investment in Yodlee as well as by foreign profits taxed at lower rates and domestic losses taxed at higher rates. The Company’s effective tax rate could fluctuate significantly on a quarterly basis and could be negatively affected to the extent earnings are lower in the countries in which it operates that have a lower statutory rate or higher in the countries in which it operates that have a higher statutory rate or to the extent it has losses sustained in countries where the future utilization of losses are uncertain. The Company’s effective tax rate could also fluctuate due to changes in the valuation of its deferred tax assets or liabilities, or by changes in tax laws, regulations, accounting principles, or interpretations thereof. In addition, the Company is occasionally subject to examination of its income tax returns by tax authorities in the jurisdictions it operates. The Company regularly assesses the likelihood of adverse outcomes resulting from these examinations to determine the adequacy of its provision for income taxes. The amount of unrecognized tax benefits for uncertain tax positions was $23.4 million as of September 30, 2016 and $21.1 million as of December 31, 2015, excluding related liabilities for interest and penalties of $2.2 million as of September 30, 2016 and December 31, 2015. The Company believes it is reasonably possible that the total amount of unrecognized tax benefits will decrease within the next 12 months by approximately $1.6 million, due to the settlement of various audits and the expiration of statutes of limitation.

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	14. Commitments and Contingencies Legal Proceedings On September 23, 2015, a jury verdict was returned against ACI Worldwide Corp. (“ACI Corp.”), a subsidiary of the Company, for $43.8 million in connection with counterclaims brought by Baldwin Hackett & Meeks, Inc. (“BHMI”) in the District Court of Douglas County, Nebraska. On September 21, 2012, ACI Corp. had sued BHMI for misappropriation of ACI Corp.’s trade secrets. The jury found that ACI Corp. had not met its burden of proof regarding these claims. On March 6, 2013, BHMI asserted counterclaims for breach of a non-disclosure agreement, tortious interference and violation of the Nebraska anti-monopoly statute, all of which were alleged to arise out of ACI Corp.’s filing of its lawsuit. On September 23, 2015, the jury found for BHMI on its counterclaims and awarded $43.8 million in damages. On January 5, 2016, the court entered a judgment against ACI Corp. for $43.8 million for damages and $2.7 million for attorney fees and costs. ACI Corp. disagrees with the verdicts and judgment, and after the trial court denied ACI Corp.’s post-judgment motions, on March 31, 2016, ACI Corp. perfected an appeal of the dismissal of its claims against BHMI and the judgment in favor of BHMI on its counterclaims, and on July 20, 2016 ACI Corp. filed its opening appellant brief. While there necessarily can be no assurance of the result of the litigation, the Company has determined that it does not have a probable loss with respect to this litigation and that the amount of loss, if any, cannot be reasonably estimated. Accordingly, the Company has not accrued for this litigation. Indemnities Under certain customer contracts, the Company indemnifies customers for certain matters including third party claims of intellectual property infringement relating to the use of our products. Our maximum potential exposure under indemnification arrangements can range from a specified dollar amount to an unlimited amount, depending on the nature of the transactions and the agreements. The Company has recorded an accrual for estimated losses for demands for indemnification that have been tendered by certain customers. The Company does not have any reason to believe that we will be required to make any material payments under these indemnity provisions in excess of the balance accrued at September 30, 2016. Other During the three months ended September 30, 2016, the Company entered into an agreement with a third-party to purchase a contracted number of software licenses for resale to its end-user customers for $9.8 million to be paid in three equal annual installments beginning January 1, 2017. The obligation of $3.3 million and $6.5 million is included in other current and other noncurrent liabilities, respectively, of the accompanying condensed consolidated balance sheet as of September 30, 2016.

Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

15. Accumulated Other Comprehensive Income (Loss)

Activity within accumulated other comprehensive income (loss) for the nine months ended September 30, 2016, which consists of foreign currency translation adjustments, were as follows:


	Accumulated other comprehensive loss
Balance at December 31, 2015	$	(71,576	)
Other comprehensive loss		(4,887	)

Balance at September 30, 2016	$	(76,463	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Receivables, net

Receivables, net


(in thousands)	September 30, 2016			December 31, 2015
Billed Receivables	$	139,671		$	192,045
Allowance for doubtful accounts		(3,829	)		(5,045	)

Billed, net		135,842			187,000
Accrued Receivables		23,567			32,116

Receivables, net	$	159,409		$	219,116

Other Current Assets and Other Current Liabilities

Other Current Assets and Other Current Liabilities


(in thousands)	September 30, 2016		December 31, 2015
Settlement deposits	$	4,713	$	5,357
Settlement receivables		2,847		7,961
Other		10,744		8,319

Total other current assets	$	18,304	$	21,637


(in thousands)	September 30, 2016		December 31, 2015
Settlement payables	$	6,547	$	11,250
Accrued interest		2,651		7,501
Vendor financed licenses		9,385		15,723
Royalties payable		6,652		4,910
Other		29,844		35,841

Total other current liabilities	$	55,079	$	75,225

Off Balance Sheet Accounts

Off Balance Sheet Accounts

Goodwill

Goodwill

Changes in the carrying amount of goodwill attributable to each reporting unit with goodwill balances during the nine months ended September 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		553			(1,062	)		2,440		1,931

Balance, September 30, 2016	$	477,694		$	376,430		$	61,733	$	915,857

(1)

Revenue

Revenue

Vendor Specific Objective Evidence (“VSOE”)


(in thousands)	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
License	$	1,732	$	1,885	$	5,127	$	5,810
Maintenance		840		923		2,637		2,738
Services		61		55		199		289

Total	$	2,633	$	2,863	$	7,963	$	8,837

New Accounting Standards Recently Adopted

New Accounting Standards Recently Adopted

Recently Issued Accounting Standards Not Yet Effective

Recently Issued Accounting Standards Not Yet Effective

Fair Value of Financial Instruments

ASC 820, Fair Value Measurements and Disclosures (“ASC 820”), defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC 820 establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs.

The fair value hierarchy is as follows:

•

Level 1 Inputs - Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

•

Earnings (Loss) per share

Segment Information

Condensed Consolidated Financial Statements (Tables)

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Receivables and Concentration of Credit Risk


(in thousands)	September 30, 2016			December 31, 2015
Billed Receivables	$	139,671		$	192,045
Allowance for doubtful accounts		(3,829	)		(5,045	)

Billed, net		135,842			187,000
Accrued Receivables		23,567			32,116

Receivables, net	$	159,409		$	219,116

Components of Other Current Assets and Other Current Liabilities

Other Current Assets and Other Current Liabilities


(in thousands)	September 30, 2016		December 31, 2015
Settlement deposits	$	4,713	$	5,357
Settlement receivables		2,847		7,961
Other		10,744		8,319

Total other current assets	$	18,304	$	21,637


(in thousands)	September 30, 2016		December 31, 2015
Settlement payables	$	6,547	$	11,250
Accrued interest		2,651		7,501
Vendor financed licenses		9,385		15,723
Royalties payable		6,652		4,910
Other		29,844		35,841

Total other current liabilities	$	55,079	$	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 nine months ended September 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		553			(1,062	)		2,440		1,931

Balance, September 30, 2016	$	477,694		$	376,430		$	61,733	$	915,857

(1)

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


(in thousands)	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
License	$	1,732	$	1,885	$	5,127	$	5,810
Maintenance		840		923		2,637		2,738
Services		61		55		199		289

Total	$	2,633	$	2,863	$	7,963	$	8,837

Acquisitions (Tables) - PAY.ON

9 Months Ended

Sep. 30, 2016

Purchase Price of Pay.ON at Acquisition Date

The purchase price of PAY.ON as of the date of the acquisition was comprised of (in thousands):


	Amount
Cash payments to PAY.ON shareholders	$	180,994
Issuance of ACI common stock		5,379

Total purchase price	$	186,373

Preliminary Purchase Price Allocation


(in thousands, except weighted average useful lives)	Weighted-Average Useful Lives	PAY.ON
Current assets:
Cash and cash equivalents		$	1,627
Receivables, net of allowance			2,674
Other current assets			511

Total current assets acquired			4,812

Noncurrent assets:
Property and equipment			332
Goodwill			140,680
Software	5 years		34,150
Customer relationships	15 years		21,718
Trademarks	5 years		2,300
Other noncurrent assets			7

Total assets acquired			203,999

Current liabilities:
Accounts payable			1,058
Employee compensation			681
Other current liabilities			840

Total current liabilities acquired			2,579

Noncurrent liabilities:
Deferred income taxes			15,047

Total liabilities acquired			17,626

Net assets acquired		$	186,373

Debt (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Maturities on Long-Term Debt Outstanding

Maturities on long-term debt outstanding at September 30, 2016 are as follows:


Fiscal year ending December 31,
(in thousands)
2016	$	23,823
2017		95,293
2018		333,997
2019		—
2020		300,000

Total	$	753,113

Carrying Value of Debt


(in thousands)	As of September 30, 2016			As of December 31, 2015
Term credit facility	$	389,113		$	460,583
Revolving credit facility		64,000			178,000
6.375% Senior Notes, due August 2020		300,000			300,000
Debt issuance costs		(10,456	)		(14,424	)

Total debt		742,657			924,159
Less current portion of term credit facility		95,293			95,293
Less current portion of debt issuance costs		(5,023	)		(5,583	)

Total long-term debt	$	652,387		$	834,449

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

+ Details

Stock-Based Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2016

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, 2015		5,799,076		$	14.37
Granted		2,284,500			17.92
Exercised		(754,619	)		11.51
Forfeited		(351,625	)		18.84

Outstanding as of September 30, 2016		6,977,332		$	15.61		6.77	$	27,141,346

Exercisable as of September 30, 2016		3,504,839		$	12.78		4.88	$	23,679,548

Summary of Nonvested Long-Term Incentive Program Performance Share Awards Outstanding and Changes During Period

A summary of nonvested Retention RSAs as of September 30, 2016 and changes during the period are as follows:


	Number of
	Retention Restricted			Weighted-Average Grant
Nonvested Retention Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		—		$	—
Granted		473,069			17.89
Vested		(226,526	)		17.89
Forfeited		(34,724	)		17.89

Nonvested as of September 30, 2016		211,819		$	17.89

Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested restricted share awards (“RSAs”) as of September 30, 2016 and changes during the period are as follows:


	Number of
	Restricted			Weighted-Average Grant
Nonvested Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		149,262		$	22.62
Granted		148,322			20.19
Vested		(114,219	)		22.64
Forfeited		(11,257	)		21.01

Nonvested as of September 30, 2016		172,108		$	20.62

Online Resources Corporation

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, 2015		21,036		$	29.76
Exercised		(4,299	)		13.92
Cancelled		(2,634	)		40.51

Outstanding as of September 30, 2016		14,103		$	32.58		1.64	$	—

Exercisable as of September 30, 2016		14,103		$	32.58		1.64	$	—

Black-Scholes Option-Pricing Model [Member]

Estimated Fair Value of Options Granted Pricing Model with Weighted-Average Assumptions


	Nine Months Ended			Nine Months Ended
	September 30, 2016			September 30, 2015
Expected life (years)		5.93			5.93
Interest rate		1.2	%		1.4	%
Volatility		29.7	%		32.1	%
Dividend yield		—			—

Monte Carlo Simulation [Member]

Estimated Fair Value of Options Granted Pricing Model with Weighted-Average Assumptions


	Nine Months Ended			Nine Months Ended
	September 30, 2016			September 30, 2015
Expected life (years)		7.50			7.50
Interest rate		1.6	%		1.7	%
Volatility		41.6	%		41.9	%
Dividend yield		—			—

LTIP Performance Shares [Member]

Summary of Nonvested Long-Term Incentive Program Performance Share Awards Outstanding and Changes During Period

A summary of nonvested long-term incentive program performance share awards (“LTIP performance shares”) outstanding as of September 30, 2016 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, 2015		889,295		$	19.13
Granted		1,059,428			17.92
Forfeited		(152,746	)		18.64

Nonvested as of September 30, 2016		1,795,977		$	18.46

Performance-Based Restricted Share Awards [Member]

Summary of Nonvested Long-Term Incentive Program Performance Share Awards Outstanding and Changes During Period

A summary of nonvested Performance-Based Restricted Share Awards (“PBRSAs”) as of September 30, 2016 and changes during the period are as follows:


	Number of
	Performance-Based
	Restricted			Weighted-Average Grant
Nonvested Performance-Based Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		938,863		$	23.42
Vested		(169,567	)		24.41
Forfeited		(48,081	)		22.23
Change in attainment for 2015 grants		(18,232	)		24.41

Nonvested as of September 30, 2016		702,983		$	23.23

Restricted share awards (RSAs) [Member] | PAY.ON

Summary of Nonvested Restricted Share Awards and Changes During Period

A summary of nonvested PAY.ON RSAs as of September 30, 2016 and changes during the period are as follows:


	Number of
	Retention Restricted			Weighted-Average Grant
Nonvested PAY.ON Restricted Share Awards	Share Awards			Date Fair Value
Nonvested as of December 31, 2015		476,750		$	23.60
Vested		(119,186	)		23.60

Nonvested as of September 30, 2016		357,564		$	23.60

Software and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Amount and Accumulated Amortization of Other Intangible Assets

The carrying amount and accumulated amortization of the Company’s other intangible assets that were subject to amortization at each balance sheet date are as follows:


	September 30, 2016							December 31, 2015
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Balance		Gross Carrying Amount		Accumulated Amortization			Net Balance
Customer relationships	$	300,826	$	(93,392	)	$	207,434	$	336,075	$	(86,585	)	$	249,490
Trademarks and tradenames		16,345		(11,386	)		4,959		18,040		(10,605	)		7,435
Purchased Contracts		10,503		(10,503	)		—		10,690		(10,690	)		—

	$	327,674	$	(115,281	)	$	212,393	$	364,805	$	(107,880	)	$	256,925

Estimated Amortization Expense for Future Fiscal Years Based on Capitalized Software and Other Intangible Assets

Based on capitalized software and other intangible assets at September 30, 2016, estimated amortization expense for future fiscal years is as follows:


Fiscal Year Ending December 31,	Software Amortization		Other Intangible Assets Amortization
(in thousands)
Remainder of 2016	$	14,199	$	4,926
2017		51,240		19,372
2018		39,195		18,868
2019		30,830		18,320
2020		24,733		17,436
2021		16,681		16,950
Thereafter		11,865		116,521

Total	$	188,743	$	212,393

Corporate Restructuring and Other Organizational Changes (Tables)

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Components of Corporate Restructuring and Other Reorganization Activities from Recent Acquisitions

The components of corporate restructuring and other reorganization activities from the recent acquisitions are included in the following table:


(in thousands)	Severance			Facility Closures			Total
Balance, December 31, 2015	$	777		$	268		$	1,045
Restructuring charges incurred		—			5,041			5,041
Amounts paid during the period		(598	)		(341	)		(939	)
Foreign currency translation		1			(7	)		(6	)

Balance, September 30, 2016	$	180		$	4,961		$	5,141

Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Reconciliation of Average Share Amounts used to Compute Both Basic and Diluted Earnings (Loss) Per Share

The following table reconciles the average share amounts used to compute both basic and diluted earnings (loss) per share (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Weighted average shares outstanding:
Basic weighted average shares outstanding		116,118		117,922		117,606		117,035
Add: Dilutive effect of stock options		—		1,382		1,365		1,463

Diluted weighted average shares outstanding		116,118		119,304		118,971		118,498

Other (Tables)

9 Months Ended

Sep. 30, 2016

Other Income and Expenses [Abstract]

Other

Other is comprised of the following items:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2016		2015		2016		2015
Foreign currency transaction gains	$	2,794	$	4,314	$	4,483	$	3,230
Realized gain on sale of available-for-sale securities		—		—		—		24,465

Total	$	2,794	$	4,314	$	4,483	$	27,695

Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Selected Segment Financial Data, Revenues and Income (Loss) Before Income Taxes

The following is selected segment financial data for the periods indicated (in thousands):


	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Revenues:
Americas - United States	$	117,407		$	135,504		$	376,322		$	442,042
Americas - Other		21,101			22,787			67,663			57,730
EMEA		55,511			60,558			152,723			178,446
Asia/Pacific		22,956			19,852			66,263			59,122

	$	216,975		$	238,701		$	662,971		$	737,340

Income (loss) before income taxes:
Americas	$	(898	)	$	18,899		$	145,900		$	56,577
EMEA		34,138			34,893			93,070			89,088
Asia/Pacific		15,275			10,041			37,794			28,613
Corporate		(64,767	)		(45,267	)		(201,045	)		(123,528	)

	$	(16,252	)	$	18,566		$	75,719		$	50,750

Selected Segment Financial Data, Assets

The following is selected segment financial data for the periods indicated (in thousands):


	September 30,		December 31,
	2016		2015
Total assets:
Americas - United States	$	959,488	$	1,182,309
Americas - Other		29,495		33,492
EMEA		700,191		643,275
Asia/Pacific		113,012		116,712

	$	1,802,186	$	1,975,788

Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Activity within Accumulated Other Comprehensive Income (Loss)

Activity within accumulated other comprehensive income (loss) for the nine months ended September 30, 2016, which consists of foreign currency translation adjustments, were as follows:


	Accumulated other comprehensive loss
Balance at December 31, 2015	$	(71,576	)
Other comprehensive loss		(4,887	)

Balance at September 30, 2016	$	(76,463	)

Condensed Consolidated Financial Statements - Receivables and Concentration of Credit Risk (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Billed Receivables	$ 139,671	$ 192,045
Allowance for doubtful accounts	(3,829)	(5,045)
Billed, net	135,842	187,000
Accrued Receivables	23,567	32,116
Receivables, net	$ 159,409	$ 219,116

Condensed Consolidated Financial Statements - Components of Other Current Assets and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]
Other	$ 10,744	$ 8,319
Total other current assets	18,304	21,637
Settlement payables	6,547	11,250
Accrued interest	2,651	7,501
Vendor financed licenses	9,385	15,723
Royalties payable	6,652	4,910
Other	29,844	35,841
Total other current liabilities	55,079	75,225
Settlement deposits [Member]
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]
Other assets settlement	4,713	5,357
Settlement receivables [Member]
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]
Other assets settlement	$ 2,847	$ 7,961

Condensed Consolidated Financial Statements - Additional Information (Detail) - USD ($) $ in Thousands		9 Months Ended
	Jan. 01, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Summary Of Significant Accounting Policies [Line Items]
Amount of off balance sheet settlement funds		$ 254,600		$ 260,200
Increase to net cash provided by operating activities		64,856	$ 123,843
Increase to net cash used in financing activities		$ (251,298)	(110,016)
Adjustments for New Accounting Pronouncement [Member]
Summary Of Significant Accounting Policies [Line Items]
Increase to net cash provided by operating activities			4,900
Increase to net cash used in financing activities			$ 4,900
Cumulative-effect adjustment to retained earnings, net of tax	$ 700
Cumulative-effect adjustment to retained earnings, tax	$ 400

Condensed Consolidated Financial Statements - Changes in Carrying Amount of Goodwill (Detail) - USD ($)
$ in Thousands

9 Months Ended

Sep. 30, 2016

Dec. 31, 2015

Goodwill [Line Items]

Gross Balance prior to the end of year

$ 960,693

Total impairment, beginning of period

(47,432)

Beginning Balance

$ 913,261

Goodwill from acquisitions

^[1]

665

Foreign currency translation adjustments

1,931

Ending Balance

915,857

Americas Segment [Member]

Goodwill [Line Items]

Gross Balance prior to the end of year

524,573

Total impairment, beginning of period

(47,432)

Beginning Balance

477,141

Foreign currency translation adjustments

553

Ending Balance

477,694

EMEA Segment [Member]

Goodwill [Line Items]

Gross Balance prior to the end of year

376,827

Beginning Balance

376,827

Goodwill from acquisitions

^[1]

665

Foreign currency translation adjustments

(1,062)

Ending Balance

376,430

Asia/Pacific Segment [Member]

Goodwill [Line Items]

Gross Balance prior to the end of year

$ 59,293

Beginning Balance

59,293

Foreign currency translation adjustments

2,440

Ending Balance

$ 61,733

[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 September 30, 2016 and accordingly is subject to future changes during the maximum one-year measurement period.

Condensed Consolidated Financial Statements - Changes in Carrying Amount of Goodwill (Parenthetical) (Detail)	9 Months Ended
	Sep. 30, 2016
Maximum
Goodwill [Line Items]
Preliminary purchase price allocation period	1 year

Condensed Consolidated Financial Statements - 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 (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue Recognition, Milestone Method [Line Items]
License	$ 43,256	$ 50,237	$ 114,189	$ 156,975
Maintenance	57,741	59,262	175,404	178,895
Services	19,809	25,842	63,208	72,449
Total revenues	216,975	238,701	662,971	737,340
Vendor Specific Objective Evidence of Fair Value [Member]
Revenue Recognition, Milestone Method [Line Items]
License	1,732	1,885	5,127	5,810
Maintenance	840	923	2,637	2,738
Services	61	55	199	289
Total revenues	$ 2,633	$ 2,863	$ 7,963	$ 8,837

Acquisitions - Additional Information (Detail) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Nov. 04, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Percentage of ownership interest acquired	100.00%		100.00%		100.00%
Additional borrowing					$ 52,000	$ 112,000
Operating Income (loss)			$ (9,353)	$ 23,886	$ 100,787	$ 53,975
Restricted share awards (RSAs) [Member]
Business Acquisition [Line Items]
Issuance of ACI common stock					148,322
General and Administrative
Business Acquisition [Line Items]
Acquisition related transaction expenses							$ 900
Revolving Credit Facility
Business Acquisition [Line Items]
Additional borrowing	$ 181,000
PAY.ON
Business Acquisition [Line Items]
Total purchase price		$ 186,373			$ 186,373
Revenue			3,800		12,200
Operating Income (loss)			4,200		$ 12,200
PAY.ON \| Restricted share awards (RSAs) [Member]
Business Acquisition [Line Items]
Issuance of ACI common stock					476,750
Fair value of shares on grant date	$ 11,300		$ 11,300		$ 11,300
Awards granted requisite service period					2 years
PAY.ON \| Restricted share awards (RSAs) [Member] \| Vest In Every Six Months
Business Acquisition [Line Items]
Percentage of award vesting increment for every six month					25.00%

Purchase Price of PAY.ON at Acquisition Date (Detail) - PAY.ON - USD ($) $ in Thousands		9 Months Ended
	Nov. 04, 2015	Sep. 30, 2016
Business Acquisition [Line Items]
Cash payments to PAY.ON shareholders		$ 180,994
Issuance of ACI common stock		5,379
Total purchase price	$ 186,373	$ 186,373

Acquisitions - Preliminary Purchase Price Allocation of PAY.ON (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill	$ 915,857	$ 913,261
PAY.ON
Business Acquisition [Line Items]
Cash and cash equivalents	1,627
Receivables, net of allowance	2,674
Other current assets	511
Total current assets acquired	4,812
Property and equipment	332
Goodwill	140,680
Other noncurrent assets	7
Total assets acquired	203,999
Accounts payable	1,058
Employee compensation	681
Other current liabilities	840
Total current liabilities acquired	2,579
Deferred income taxes	15,047
Total liabilities acquired	17,626
Net assets acquired	$ 186,373
Software \| PAY.ON
Business Acquisition [Line Items]
Acquired intangible assets, weighted-average useful lives	5 years
Amortizable intangible assets	$ 34,150
Customer relationships \| PAY.ON
Business Acquisition [Line Items]
Acquired intangible assets, weighted-average useful lives	15 years
Amortizable intangible assets	$ 21,718
Trademarks \| PAY.ON
Business Acquisition [Line Items]
Acquired intangible assets, weighted-average useful lives	5 years
Amortizable intangible assets	$ 2,300

Divestiture - Additional information (Detail) - Community Financial Services products - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Mar. 03, 2016
TSA \| Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Migration period		18 months
Disposal Group, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amount of consideration related to disposal			$ 200.0
Net after-tax gain on the sale of assets		$ 93.4
Disposal Group, Not Discontinued Operations \| Adjustment to Gain Loss on Sale of Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net after-tax gain on the sale of assets	$ 0.5

Debt - Additional Information (Detail) - USD ($)			9 Months Ended
Debt - Additional Information (Detail) - USD ($)	Feb. 29, 2016	Nov. 10, 2011	Sep. 30, 2016	Nov. 02, 2016	Dec. 31, 2015	Aug. 20, 2013
Debt Instrument [Line Items]
Credit facility, interest rate description			The applicable margin for borrowings under the Revolving Credit Facility is, based on the calculation of the applicable consolidated total leverage ratio, between 0.50% to 1.50% with respect to base rate borrowings and between 1.50% and 2.50% with respect to LIBOR based borrowings. Interest is due and payable monthly. The interest rate in effect at September 30, 2016 for the Credit Facility was 3.03%.
Credit facility, interest rate margin above federal fund rate			1.00%
Credit facility, interest rate margin above one-month LIBOR rate			1.00%
Credit facility, borrowing rate			3.03%
Other current assets			$ 18,304,000		$ 21,637,000
Current portion of long-term debt			90,270,000		89,710,000
Other noncurrent assets			44,166,000		33,658,000
Long-term debt			652,387,000		834,449,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility amount outstanding			64,000,000
Unused borrowings			161,000,000
Credit facilities, maximum borrowing capacity	$ 250,000,000
Current borrowing capacity due letter of credit	225,000,000
Term Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility amount outstanding			389,100,000
Letters of Credit
Debt Instrument [Line Items]
Unused borrowings			25,000,000
Credit facilities, maximum borrowing capacity	$ 25,000,000
Credit facility period	6 months
Credit facility automatically renewal date	Jun. 15, 2016
ASU 2015-03 [Member]
Debt Instrument [Line Items]
Other current assets					(5,600,000)
Current portion of long-term debt					5,600,000
Other noncurrent assets					(8,800,000)
Long-term debt					$ 8,800,000
Senior Notes [Member]
Debt Instrument [Line Items]
Senior notes amount outstanding			$ 300,000,000			$ 300,000,000
Issue price percentage of senior notes of the principal amount						100.00%
Percentage of interest rate on notes						6.375%
Maturity date of senior notes			Aug. 15, 2020
Credit Agreement
Debt Instrument [Line Items]
Consolidated Net Leverage Ratio			375.00%
Credit Agreement \| Minimum
Debt Instrument [Line Items]
Credit facility, interest rate margin above base rate			0.50%
Credit facility, interest rate margin above LIBOR rate			1.50%
Credit Agreement \| Maximum
Debt Instrument [Line Items]
Credit facility, interest rate margin above base rate			1.50%
Credit facility, interest rate margin above LIBOR rate			2.50%
Credit Agreement \| Revolving Credit Facility
Debt Instrument [Line Items]
Credit facilities, maximum borrowing capacity		$ 250,000,000
Credit facilities, maturity		5 years
Credit Facility maturity date		Aug. 20, 2018
Credit Agreement \| Term Credit Facility [Member]
Debt Instrument [Line Items]
Credit facilities, maximum borrowing capacity		$ 650,000,000
Credit facilities, maturity		5 years
Credit Facility maturity date		Aug. 20, 2018
Credit Agreement \| Subsequent Event
Debt Instrument [Line Items]
Consolidated Net Leverage Ratio				400.00%
Parent Company and Domestic Subsidiaries [Member]
Debt Instrument [Line Items]
Percentage of capital stock pledged as collateral			100.00%
Foreign Subsidiaries [Member]
Debt Instrument [Line Items]
Percentage of capital stock pledged as collateral			65.00%

Debt - Maturities on Long-Term Debt Outstanding (Detail) $ in Thousands	Sep. 30, 2016 USD ($)
Debt Disclosure [Abstract]
2016	$ 23,823
2017	95,293
2018	333,997
2019	0
2020	300,000
Total	$ 753,113

Debt - Carrying Value of Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Debt issuance costs	$ (10,456)	$ (14,424)
Total debt	742,657	924,159
Less current portion of term credit facility	95,293	95,293
Less current portion of debt issuance costs	(5,023)	(5,583)
Total long-term debt	652,387	834,449
6.375% Senior Notes, due August 2020 [Member]
Debt Instrument [Line Items]
Total debt	300,000	300,000
Term Credit Facility [Member]
Debt Instrument [Line Items]
Total debt	389,113	460,583
Revolving Credit Facility
Debt Instrument [Line Items]
Total debt	$ 64,000	$ 178,000

Debt - Carrying Value of Debt (Parenthetical) (Detail) - 6.375% Senior Notes, due August 2020 [Member]	9 Months Ended
	Sep. 30, 2016
Debt Instrument [Line Items]
Percentage of interest rate on notes	6.375%
Maturity date of senior notes	Aug. 15, 2020

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value senior note	$ 309.8	$ 310.5

Stock-Based Compensation Plans - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2016 USD ($) Tranche shares	Sep. 30, 2015 USD ($)	Sep. 30, 2016 USD ($) Tranche $ / shares shares	Sep. 30, 2015 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued under ESPP \| shares			141,484	123,866
Incentive plan, percentage of options expected to vest over the vesting period	93.30%		93.30%
Incentive plan, weighted-average grant date fair value of stock options granted \| $ / shares			$ 5.59	$ 6.49
Incentive plan, total intrinsic value of stock options exercised \| $			$ 6,700,000	$ 12,100,000
Expected dividend yield			0.00%
Dividend paid \| $ / shares			$ 0
Number of tranches \| Tranche	3		3
Stock-based compensation expenses \| $	$ 10,800,000	$ 800,000	$ 33,812,000	10,050,000
Stock-based compensation expenses tax benefits \| $	$ 4,100,000	$ 300,000	$ 12,700,000	$ 3,800,000
Employee Stock Purchase Plan 1999 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock reserved for issuance \| shares	4,500,000		4,500,000
Permitted designation for purchase of common stock under ESPP			Participating employees are permitted to designate up to the lesser of $25,000 or 10% of their annual base compensation for the purchase of common stock under the ESPP. Purchases under the ESPP are made one calendar month after the end of each fiscal quarter.
Employee participating annual base compensation designated for purchase of common stock, amount \| $	$ 25,000		$ 25,000
Employee participating annual base compensation designated for purchase of common stock, percent	10.00%		10.00%
Price of common stock purchased under ESPP, percent			85.00%
Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, vested grant date fair value \| $ / shares			$ 7.46
Share-based compensation, trading price percentage			133.00%
Consecutive trading days			20 days
Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, vested grant date fair value \| $ / shares			$ 7.06
Share-based compensation, trading price percentage			167.00%
Consecutive trading days			20 days
Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, vested grant date fair value \| $ / shares			$ 6.50
Share-based compensation, trading price percentage			200.00%
Consecutive trading days			20 days
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expenses \| $	$ 14,600,000		$ 14,600,000
Unrecognized compensation expenses, weighted-average recognition periods			2 years 1 month 6 days
Restricted share awards (RSAs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation awards, shares vested \| shares			114,219
Shares withheld to pay employees' portion of minimum payroll withholding taxes \| shares			9,062
Unrecognized compensation expenses \| $	2,700,000		$ 2,700,000
Unrecognized compensation expenses, weighted-average recognition periods			1 year 4 months 24 days
Retention RSAs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation awards, shares vested \| shares			226,526
Shares withheld to pay employees' portion of minimum payroll withholding taxes \| shares			76,421
Unrecognized compensation expenses \| $	2,100,000		$ 2,100,000
Unrecognized compensation expenses, weighted-average recognition periods			4 months 24 days
Retention RSAs [Member] \| Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year 3 months 18 days
Retention RSAs [Member] \| Executive Officers [Member] \| Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage for each year			50.00%
Retention RSAs [Member] \| Executive Officers [Member] \| Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage for each year			50.00%
Retention RSAs [Member] \| Employees other than Named Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			9 months 18 days
Retention RSAs [Member] \| Employees other than Named Executive Officers [Member] \| Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage for each year			50.00%
Retention RSAs [Member] \| Employees other than Named Executive Officers [Member] \| Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage for each year			50.00%
Performance-Based Restricted Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation awards, shares vested \| shares			169,567
Shares withheld to pay employees' portion of minimum payroll withholding taxes \| shares			59,659
Unrecognized compensation expenses \| $	5,500,000		$ 5,500,000
Unrecognized compensation expenses, weighted-average recognition periods			1 year 1 month 6 days
LTIP Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expenses \| $	$ 21,300,000		$ 21,300,000
Unrecognized compensation expenses, weighted-average recognition periods			2 years 2 months 12 days
2016 Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock reserved for issuance \| shares	8,000,000		8,000,000
2016 Incentive Plan \| Stock options, stock appreciation rights, restricted stock, restricted stock units and other awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares of Common Stock a participant may receive \| shares			3,000,000
2016 Incentive Plan \| Performance shares or Performance units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum aggregate value on the date of grant \| $			$ 9,000,000

Summary of Stock Options Issued Pursuant to Stock Incentive Plans (Detail)	9 Months Ended
	Sep. 30, 2016 USD ($) $ / shares shares
Number of Shares
Outstanding, Beginning Balance \| shares	5,799,076
Granted \| shares	2,284,500
Exercised \| shares	(754,619)
Forfeited \| shares	(351,625)
Outstanding, Ending Balance \| shares	6,977,332
Number of Shares Exercisable, Ending Balance \| shares	3,504,839
Weighted-Average Exercise Price
Beginning Balance \| $ / shares	$ 14.37
Granted \| $ / shares	17.92
Exercised \| $ / shares	11.51
Forfeited \| $ / shares	18.84
Ending Balance \| $ / shares	15.61
Weighted-Average Exercise Price Exercisable, Ending Balance \| $ / shares	$ 12.78
Weighted-Average Remaining Contractual Term (Years)
Weighted Average Remaining Contractual Term (Years), Outstanding as of end of period	6 years 9 months 7 days
Weighted-Average Remaining Contractual Term (Years), Exercisable as of end of period	4 years 10 months 17 days
Aggregate Intrinsic Value of In-the-Money Options
Aggregate Intrinsic Value of In-the-Money Options, Outstanding as of end of period \| $	$ 27,141,346
Aggregate Intrinsic Value of In-the-Money Options, Exercisable as of end of period \| $	$ 23,679,548

Stock-Based Compensation Plans - Estimated Fair Value of Options Granted using Black-Scholes Option-Pricing Model with Weighted-Average Assumptions (Detail)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.00%
Black-Scholes Option-Pricing Model [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (years)	5 years 11 months 5 days	5 years 11 months 5 days
Interest rate	1.20%	1.40%
Volatility	29.70%	32.10%
Dividend yield	0.00%	0.00%
Monte Carlo Simulation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (years)	7 years 6 months	7 years 6 months
Interest rate	1.60%	1.70%
Volatility	41.60%	41.90%
Dividend yield	0.00%	0.00%

Summary of Transaction Stock Options Issued Pursuant to Stock Incentive Plans (Detail)	9 Months Ended
	Sep. 30, 2016 USD ($) $ / shares shares
Number of Shares
Outstanding, Beginning Balance \| shares	5,799,076
Exercised \| shares	(754,619)
Cancelled \| shares	(351,625)
Outstanding, Ending Balance \| shares	6,977,332
Number of Shares Exercisable, Ending Balance \| shares	3,504,839
Weighted-Average Exercise Price
Beginning Balance \| $ / shares	$ 14.37
Exercised \| $ / shares	11.51
Cancelled \| $ / shares	18.84
Ending Balance \| $ / shares	15.61
Weighted-Average Exercise Price Exercisable, Ending Balance \| $ / shares	$ 12.78
Weighted-Average Remaining Contractual Term (Years)
Weighted-Average Remaining Contractual Term (Years), Outstanding as of end of period	6 years 9 months 7 days
Weighted-Average Remaining Contractual Term (Years), Exercisable as of end of period	4 years 10 months 17 days
Aggregate Intrinsic Value of In-the-Money Options
Aggregate Intrinsic Value of In-the-Money Options, Outstanding as of end of period \| $	$ 27,141,346
Aggregate Intrinsic Value of In-the-Money Options, Exercisable as of end of period \| $	$ 23,679,548
Online Resources Corporation
Number of Shares
Outstanding, Beginning Balance \| shares	21,036
Exercised \| shares	(4,299)
Cancelled \| shares	(2,634)
Outstanding, Ending Balance \| shares	14,103
Number of Shares Exercisable, Ending Balance \| shares	14,103
Weighted-Average Exercise Price
Beginning Balance \| $ / shares	$ 29.76
Exercised \| $ / shares	13.92
Cancelled \| $ / shares	40.51
Ending Balance \| $ / shares	32.58
Weighted-Average Exercise Price Exercisable, Ending Balance \| $ / shares	$ 32.58
Weighted-Average Remaining Contractual Term (Years)
Weighted-Average Remaining Contractual Term (Years), Outstanding as of end of period	1 year 7 months 21 days
Weighted-Average Remaining Contractual Term (Years), Exercisable as of end of period	1 year 7 months 21 days
Aggregate Intrinsic Value of In-the-Money Options
Aggregate Intrinsic Value of In-the-Money Options, Outstanding as of end of period \| $	$ 0
Aggregate Intrinsic Value of In-the-Money Options, Exercisable as of end of period \| $	$ 0

Stock-Based Compensation Plans - Summary of Nonvested LTIP Performance Based Share Awards and Changes During Period (Detail) - LTIP Performance Shares [Member]	9 Months Ended
	Sep. 30, 2016 $ / shares shares
Number of Shares at Expected Attainment
Beginning Balance \| shares	889,295
Granted \| shares	1,059,428
Forfeited \| shares	(152,746)
Ending Balance \| shares	1,795,977
Weighted-Average Grant Date Fair Value
Beginning Balance \| $ / shares	$ 19.13
Granted \| $ / shares	17.92
Forfeited \| $ / shares	18.64
Ending Balance \| $ / shares	$ 18.46

Stock-Based Compensation Plans - Summary of Nonvested Restricted Share Awards and Changes During Period (Detail) - Restricted share awards (RSAs) [Member]	9 Months Ended
	Sep. 30, 2016 $ / shares shares
Nonvested Restricted Share Awards
Beginning Balance \| shares	149,262
Granted \| shares	148,322
Vested \| shares	(114,219)
Forfeited \| shares	(11,257)
Ending Balance \| shares	172,108
Weighted-Average Grant Date Fair Value
Beginning Balance \| $ / shares	$ 22.62
Granted \| $ / shares	20.19
Vested \| $ / shares	22.64
Forfeited \| $ / shares	21.01
Ending Balance \| $ / shares	$ 20.62

Stock-Based Compensation Plans - Summary of Nonvested Performance Based Share Awards and Changes During Period (Detail) - Performance-Based Restricted Share Awards [Member]	9 Months Ended
	Sep. 30, 2016 $ / shares shares
Nonvested Restricted Share Awards
Beginning Balance \| shares	938,863
Vested \| shares	(169,567)
Forfeited \| shares	(48,081)
Change in attainment for 2015 grants \| shares	(18,232)
Ending Balance \| shares	702,983
Weighted-Average Grant Date Fair Value
Beginning Balance \| $ / shares	$ 23.42
Vested \| $ / shares	24.41
Forfeited \| $ / shares	22.23
Change in attainment for 2015 grants \| $ / shares	24.41
Ending Balance \| $ / shares	$ 23.23

Stock-Based Compensation Plans - Summary of Nonvested Retention Restricted Share Awards and Changes During Period (Detail)	9 Months Ended
	Sep. 30, 2016 $ / shares shares
Retention RSAs [Member]
Nonvested Restricted Share Awards
Granted \| shares	473,069
Vested \| shares	(226,526)
Forfeited \| shares	(34,724)
Ending Balance \| shares	211,819
Weighted-Average Grant Date Fair Value
Granted \| $ / shares	$ 17.89
Vested \| $ / shares	17.89
Forfeited \| $ / shares	17.89
Ending Balance \| $ / shares	$ 17.89
PAY.ON RSAs [Member]
Nonvested Restricted Share Awards
Beginning Balance \| shares	476,750
Vested \| shares	(119,186)
Ending Balance \| shares	357,564
Weighted-Average Grant Date Fair Value
Beginning Balance \| $ / shares	$ 23.6
Vested \| $ / shares	23.60
Ending Balance \| $ / shares	$ 23.60

Software and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Software, net	$ 188,743		$ 188,743		$ 237,941
Software, accumulated amortization	183,400		183,400		158,900
Other intangible assets amortization expense	5,300	$ 5,600	16,400	$ 17,100
Software Marketed for External Sale [Member]
Finite-Lived Intangible Assets [Line Items]
Software, net	48,300		48,300		70,100
Software, amortization expense	2,900	3,400	$ 9,200	10,900
Software Marketed for External Sale [Member] \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life			3 years
Software Marketed for External Sale [Member] \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life			10 years
Software Acquired or Developed for Internal Use
Finite-Lived Intangible Assets [Line Items]
Software, net	140,400		$ 140,400		$ 167,800
Software, amortization expense	$ 11,300	$ 9,400	$ 34,200	$ 27,000
Software Acquired or Developed for Internal Use \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life			3 years
Software Acquired or Developed for Internal Use \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life			10 years

Software and Other Intangible Assets - Carrying Amount and Accumulated Amortization of Other Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 327,674	$ 364,805
Accumulated Amortization	(115,281)	(107,880)
Net Balance	212,393	256,925
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	300,826	336,075
Accumulated Amortization	(93,392)	(86,585)
Net Balance	207,434	249,490
Trademarks and tradenames [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	16,345	18,040
Accumulated Amortization	(11,386)	(10,605)
Net Balance	4,959	7,435
Purchased contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,503	10,690
Accumulated Amortization	$ (10,503)	$ (10,690)

Software and Other Intangible Assets - Estimated Amortization Expense for Future Fiscal Years Based on Capitalized Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Net Balance	$ 212,393	$ 256,925
Software
Finite-Lived Intangible Assets [Line Items]
Remainder of 2016	14,199
2017	51,240
2018	39,195
2019	30,830
2020	24,733
2021	16,681
Thereafter	11,865
Net Balance	188,743
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Remainder of 2016	4,926
2017	19,372
2018	18,868
2019	18,320
2020	17,436
2021	16,950
Thereafter	116,521
Net Balance	$ 212,393

Corporate Restructuring and Other Organizational Changes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]
Employee termination costs paid during the period		$ 600
Restructuring charges incurred	$ 2,800	5,041
Employee termination costs			$ 1,300
Restructuring charges	5,141	5,141		$ 1,045
Severance [Member]
Restructuring Cost and Reserve [Line Items]
Severance liability to be paid over the next 12 months	200	200
Restructuring charges	180	180		777
Facility Closures [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges incurred		5,041
Restructuring charges	4,961	4,961		$ 268
Facility Closures [Member] \| Other Current Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,200	1,200
Facility Closures [Member] \| Other Noncurrent Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 3,800	$ 3,800

Corporate Restructuring and Other Organizational Changes - Components of Corporate Restructuring and Other Reorganization Activities from Recent Acquisitions (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016
Restructuring Cost and Reserve [Line Items]
Beginning balance		$ 1,045
Restructuring charges incurred	$ 2,800	5,041
Amounts paid during the period		(939)
Foreign currency translation		(6)
Ending balance	5,141	5,141
Severance [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance		777
Amounts paid during the period		(598)
Foreign currency translation		1
Ending balance	180	180
Facility Closures [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance		268
Restructuring charges incurred		5,041
Amounts paid during the period		(341)
Foreign currency translation		(7)
Ending balance	$ 4,961	$ 4,961

Common Stock and Treasury Stock - Additional Information (Detail) - USD ($)	9 Months Ended	57 Months Ended
	Sep. 30, 2016	Dec. 31, 2015	Feb. 28, 2014	Jul. 31, 2013	Sep. 13, 2012	Feb. 29, 2012	Dec. 31, 2011
Maximum stock authorized to purchase under stock repurchase program						$ 262,100,000	$ 210,000,000
Increase in maximum stock authorized to purchase under stock repurchase program			$ 100,000,000	$ 100,000,000		$ 52,100,000
Repurchase of common stock, shares	3,020,926	40,129,393
Repurchase of common stock, value	$ 60,100,000	$ 455,900,000
Maximum
Maximum stock authorized to purchase under stock repurchase program					$ 113,000,000
Stock authorized to purchase under stock repurchase program, shares					7,500,000
Remaining value of shares authorized for purchase under the stock repurchase program	$ 78,200,000

Earnings (Loss) Per Share - Reconciliation of Average Share Amounts used to Compute Both Basic and Diluted Earnings (Loss) Per Share (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Weighted average shares outstanding:
Basic weighted average shares outstanding	116,118	117,922	117,606	117,035
Add: Dilutive effect of stock options		1,382	1,365	1,463
Diluted weighted average shares outstanding	116,118	119,304	118,971	118,498

Earnings (Loss) Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Earnings Per Share [Abstract]
Options to purchase shares, restricted share awards, and contingently issuable shares excluded from diluted net earnings (loss) per share computation	9,900,000	3,600,000	6,100,000	4,000,000
Common stock outstanding	117,277,201		117,277,201		119,033,770

Other (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Other (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other Income and Expenses [Abstract]
Foreign currency transaction gains	$ 2,794	$ 4,314	$ 4,483	$ 3,230
Realized gain on sale of available-for-sale securities				24,465
Total	$ 2,794	$ 4,314	$ 4,483	$ 27,695

Other - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Income Expense [Line Items]
Realized gain on available-for-sale securities	$ 24,465
Deferred tax assets, valuation allowance		$ 8,700
Yodlee, Inc. [Member]
Other Income Expense [Line Items]
Cost basis investment		9,800
Additional investment			$ 1,000
Total investments			$ 10,800
Realized gain on available-for-sale securities	$ 24,500	23,000
Cost basis price appreciation of shares		$ 10,800

Segment Information - Additional Information (Detail)	9 Months Ended
Segment Information - Additional Information (Detail)	Sep. 30, 2016 Segment
Segment Reporting Information [Line Items]
Number of geographic regions	3
Number of reportable segments	3
Customer Concentration Risk
Segment Reporting Information [Line Items]
Percentage of revenues during the three and nine months ended September 30, 2016 and 2015	No single customer accounted for more than 10% of the Company's consolidated revenues during the three and nine months ended September 30, 2016 and 2015.
Geographic Concentration Risk
Segment Reporting Information [Line Items]
Percentage of revenues during the three and nine months ended September 30, 2016 and 2015	No other country outside the United States accounted for more than 10% of the Company's consolidated revenues during the three and nine months ended September 30, 2016 and 2015.

Segment Information - Selected Segment Financial Data, Revenues and Income (Loss) Before Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 216,975	$ 238,701	$ 662,971	$ 737,340
Income (loss) before income taxes	(16,252)	18,566	75,719	50,750
Operating Segments [Member] \| Americas Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(898)	18,899	145,900	56,577
Operating Segments [Member] \| Americas Segment [Member] \| United States [Member]
Segment Reporting Information [Line Items]
Revenues	117,407	135,504	376,322	442,042
Operating Segments [Member] \| Americas Segment [Member] \| Other [Member]
Segment Reporting Information [Line Items]
Revenues	21,101	22,787	67,663	57,730
Operating Segments [Member] \| EMEA Segment [Member]
Segment Reporting Information [Line Items]
Revenues	55,511	60,558	152,723	178,446
Income (loss) before income taxes	34,138	34,893	93,070	89,088
Operating Segments [Member] \| Asia/Pacific Segment [Member]
Segment Reporting Information [Line Items]
Revenues	22,956	19,852	66,263	59,122
Income (loss) before income taxes	15,275	10,041	37,794	28,613
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	$ (64,767)	$ (45,267)	$ (201,045)	$ (123,528)

Segment Information - Selected Segment Financial Data, Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Assets	$ 1,802,186	$ 1,975,788
Americas Segment [Member] \| United States [Member]
Segment Reporting Information [Line Items]
Assets	959,488	1,182,309
Americas Segment [Member] \| Other [Member]
Segment Reporting Information [Line Items]
Assets	29,495	33,492
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Assets	700,191	643,275
Asia/Pacific Segment [Member]
Segment Reporting Information [Line Items]
Assets	$ 113,012	$ 116,712

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Effective tax rates, percentage	40.00%	20.00%	17.00%	18.00%
Earnings of foreign entities	$ 16.4	$ 15.9	$ 44.0	$ 35.9
Increase (decrease) in valuation allowance of deferred tax assets	4.7		(5.4)
Unrecognized tax benefit for uncertain tax positions	23.4		23.4		$ 21.1
Accrued interest and penalties related to income tax liabilities	2.2		2.2		$ 2.2
Decrease in unrecognized tax benefits due to expiration of statutes of limitations and settlement of various audits	$ 1.6		$ 1.6

Commitments and Contingencies - Additional Information (Detail) $ in Millions		3 Months Ended	9 Months Ended
	Sep. 23, 2015 USD ($)	Sep. 30, 2016 USD ($) Installment	Sep. 30, 2016 USD ($)
Commitments and Contingencies [Line Items]
Loss Contingency, name of plaintiff			Baldwin Hackett & Meeks, Inc.
Loss contingency, damages sought, value	$ 43.8
Loss contingency, damages awarded, value			$ 43.8
Attorney fees and costs			2.7
Software Licenses
Commitments and Contingencies [Line Items]
Purchase agreement		$ 9.8	9.8
Number of equal annual installments to be paid \| Installment		3
Other Current Liabilities \| Software Licenses
Commitments and Contingencies [Line Items]
Purchase agreement		$ 3.3	3.3
Other Noncurrent Liabilities \| Software Licenses
Commitments and Contingencies [Line Items]
Purchase agreement		$ 6.5	$ 6.5

Accumulated Other Comprehensive Income (Loss) - Activity within Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at December 31, 2015			$ 654,400
Other comprehensive loss	$ (2,228)	$ (16,822)	(4,887)	$ (48,337)
Balance at September 30, 2016	694,762		694,762
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at December 31, 2015			(71,576)
Balance at September 30, 2016	$ (76,463)		$ (76,463)