SS&C Technologies (SSNC) 10-Q 7 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	5-May-14
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Registrant Name	'SS&C Technologies Holdings Inc	'
Entity Central Index Key	'0001402436	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	82,913,328

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash	$78,371	$84,470
Accounts receivable, net of allowance for doubtful accounts of $2,338 and $2,500, respectively	87,787	91,221
Prepaid expenses and other current assets	15,661	16,567
Prepaid income taxes	12,279	19,932
Deferred income taxes	5,587	6,526
Restricted cash	1,477	2,460
Total current assets	201,162	221,176
Property, plant and equipment:	'	'
Land	2,655	2,655
Building and improvements	28,794	30,053
Equipment, furniture, and fixtures	70,703	65,977
Total property and equipment	102,152	98,685
Less accumulated depreciation	-48,939	-46,988
Net property, plant and equipment	53,213	51,697
Deferred income taxes	1,008	1,077
Goodwill	1,533,941	1,541,386
Intangible and other assets, net of accumulated amortization of $358,706 and $338,888, respectively	439,043	459,988
Total assets	2,228,367	2,275,324
Current liabilities:	'	'
Current portion of long-term debt (Note 5)	23,306	23,212
Accounts payable	8,974	8,368
Income taxes payable	'	2,169
Accrued employee compensation and benefits	16,145	44,664
Other accrued expenses	26,869	26,028
Deferred maintenance and other revenue	64,810	62,561
Total current liabilities	140,104	167,002
Long-term debt, net of current portion (Note 5)	706,544	751,295
Other long-term liabilities	16,116	14,913
Deferred income taxes	107,851	110,406
Total liabilities	970,615	1,043,616
Commitments and contingencies (Note 6)	'	'
Common stock:	'	'
Common stock	808	804
Additional paid-in capital	923,206	913,816
Accumulated other comprehensive income	24,068	30,374
Retained earnings	319,897	293,449
Total common stock	1,268,006	1,238,470
Less: cost of common stock in treasury, 602 and 511 shares, respectively	-10,254	-6,762
Total stockholders' equity	1,257,752	1,231,708
Total liabilities and stockholders' equity	2,228,367	2,275,324
Class A Non-Voting Common Stock [Member]	'	'
Common stock:	'	'
Common stock	$27	$27

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Per Share data, unless otherwise specified
Allowance for doubtful accounts receivable	$2,338	$2,500
Accumulated amortization of Intangible and other assets	$358,706	$338,888
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	100,000	100,000
Common stock, shares issued	80,781	80,478
Common stock, shares outstanding	80,179	79,967
Common stock, shares unvested	25	25
Treasury stock, shares	602	511
Class A Non-Voting Common Stock [Member]	'	'
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	5,000	5,000
Common stock, shares issued	2,704	2,704
Common stock, shares outstanding	2,704	2,704

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Revenues:	'	'
Software-enabled services	$145,383	$135,739
Software licenses	7,499	6,070
Maintenance	25,526	26,015
Professional services	7,402	5,394
Total revenues	185,810	173,218
Cost of revenues:	'	'
Software-enabled services	85,691	80,727
Software licenses	851	1,274
Maintenance	9,931	10,520
Professional services	5,026	4,920
Total cost of revenues	101,499	97,441
Gross profit	84,311	75,777
Operating expenses:	'	'
Selling and marketing	11,898	9,464
Research and development	13,587	13,802
General and administrative	11,801	10,515
Total operating expenses	37,286	33,781
Operating income	47,025	41,996
Interest expense, net	-7,098	-12,505
Other (expense) income, net	-686	146
Income before income taxes	39,241	29,637
Provision for income taxes	12,793	8,208
Net income	26,448	21,429
Basic earnings per share	$0.32	$0.27
Basic weighted average number of common shares outstanding	82,722	79,340
Diluted earnings per share	$0.30	$0.26
Diluted weighted average number of common and common equivalent shares outstanding	86,901	83,770
Net income	26,448	21,429
Other comprehensive loss:	'	'
Foreign currency exchange translation adjustment	-6,306	-27,380
Total comprehensive loss	-6,306	-27,380
Comprehensive income (loss)	$20,142	($5,951)

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flow from operating activities:	'	'
Net income	$26,448	$21,429
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	24,936	24,752
Amortization and write-offs of loan origination costs	1,520	1,388
Income tax benefit related to exercise of stock options	-2,453	-2,679
Deferred income taxes	-1,441	-3,919
Stock-based compensation expense	2,975	2,106
Provision for doubtful accounts	184	184
Loss (gain) on sale or disposition of property and equipment	53	-7
Changes in operating assets and liabilities, excluding effects from acquisitions:	'	'
Accounts receivable	2,956	-1,751
Prepaid expenses and other assets	1,165	2,624
Income taxes prepaid and payable	7,986	668
Accounts payable	-1,765	-4,267
Accrued expenses	-26,343	-23,463
Deferred maintenance and other revenue	2,333	3,578
Net cash provided by operating activities	38,554	20,643
Cash flow from investing activities:	'	'
Additions to property and equipment	-2,758	-2,044
Proceeds from sale of property and equipment	'	7
Additions to capitalized software	-856	-202
Net changes in restricted cash	983	'
Net cash used in investing activities	-2,631	-2,239
Cash flow from financing activities:	'	'
Repayments of debt	-45,000	-45,000
Income tax benefit related to exercise of stock options	2,453	2,679
Proceeds from exercise of stock options	3,993	8,931
Purchase of common stock for treasury	-3,492	'
Payment of fees related to refinancing activities	-512	-1,055
Net cash used in financing activities	-42,558	-34,445
Effect of exchange rate changes on cash	536	-1,281
Net decrease in cash	-6,099	-17,322
Cash, beginning of period	84,470	86,160
Cash, end of period	78,371	68,838
Supplemental disclosure of non-cash activities:	'	'
Excess tax benefit related to stock option exercises	'	$12,710

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	1. Basis of Presentation
	The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). These accounting principles were applied on a basis consistent with those of the audited consolidated financial statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2014 (the “2013 Form 10-K”). In the opinion of the Company, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments, except as noted elsewhere in the notes to the condensed consolidated financial statements) necessary for a fair statement of its financial position as of March 31, 2014, the results of its operations for the three months ended March 31, 2014 and 2013 and its cash flows for the three months ended March 31, 2014 and 2013. These statements do not include all of the information and footnotes required by GAAP for annual financial statements. The financial statements contained herein should be read in conjunction with the audited consolidated financial statements and footnotes as of and for the year ended December 31, 2013, which were included in the 2013 Form 10-K. The December 31, 2013 consolidated balance sheet data were derived from audited financial statements but do not include all disclosures required by GAAP for annual financial statements. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the expected results for any subsequent quarters or the full year.
	Recent Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740) – Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”). The objective is to end some inconsistent practices with regard to the presentation on the balance sheet of unrecognized tax benefits. ASU 2013-11 is effective for financial statement periods beginning after December 15, 2013, with early adoption permitted. The adoption of this standard in the first quarter of 2014 did not have a material impact on the Company’s financial position, results of operations or cash flows.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Stock-Based Compensation	'
	2. Stock-based Compensation
	For stock options with time-based vesting and restricted stock, the total amount of stock-based compensation expense recognized in the Company’s Condensed Consolidated Statements of Comprehensive Income was as follows (in thousands):
		Three Months Ended March 31,
		2014			2013
	Statements of Comprehensive Income Classification
	Cost of software-enabled services	$	1,084		$	752
	Cost of maintenance		91			70
	Cost of professional services		117			88
	Total cost of revenues		1,292			910
	Selling and marketing		637			304
	Research and development		310			230
	General and administrative		736			662
	Total operating expenses		1,683			1,196
	Total stock-based compensation expense	$	2,975		$	2,106
	A summary of stock option activity as of and for the three months ended March 31, 2014 is as follows:
		Shares of Common
		Stock Underlying
		Options
	Outstanding at January 1, 2014		11,515,642
	Granted		—
	Cancelled/forfeited		(19,202	)
	Exercised		(302,520	)
	Outstanding at March 31, 2014		11,193,920
	During the three months ended March 31, 2014, the Company recorded $2.5 million of income tax benefits related to the exercise of stock options. This amount was recorded entirely to Additional paid-in capital on the Company’s Condensed Consolidated Balance Sheets. During the three months ended March 31, 2013, the Company recorded $16.1 million of income tax benefits related to the exercise of stock options, of which $3.5 million was recorded to Goodwill and $12.6 million was recorded to Additional paid-in capital on the Company’s Condensed Consolidated Balance Sheets. The Company realized $3.4 million of cash savings through March 31, 2013 related to these benefits, of which a proportional amount relating to the Additional paid in capital was recognized as cash inflows from financing activities while the remainder was recognized as cash inflows from operations on its Condensed Consolidated Statements of Cash Flows.

Stock_Repurchase_Program

Stock Repurchase Program	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Stock Repurchase Program	'
	3. Stock Repurchase Program
	In October 2013, the Company’s Board of Directors authorized the repurchase of up to $100 million of the Company’s common stock on the open market or in privately negotiated transactions. During the quarter ended March 31, 2014, the Company repurchased 90,226 shares of common stock for approximately $3.5 million. As of March 31, 2014, the Company had repurchased a total of 114,126 shares of common stock for approximately $4.4 million. The Company uses the cost method to account for treasury stock purchases. Under the cost method, the price paid for the stock is charged to the treasury stock account.

Basic_and_Diluted_Earnings_per

Basic and Diluted Earnings per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Basic and Diluted Earnings per Share	'
	4. Basic and Diluted Earnings per Share
	Earnings per share (“EPS”) is calculated in accordance with the relevant standards. Basic EPS includes no dilution and is computed by dividing income available to the Company’s common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income by the weighted average number of common and common equivalent shares outstanding during the period. Common equivalent shares consist of stock options and restricted stock using the treasury stock method. Common equivalent shares are excluded from the computation of diluted earnings per share if the effect of including such common equivalent shares is anti-dilutive because their exercise prices together with other assumed proceeds exceed the average fair value of common stock for the period. The Company has two classes of common stock, each with identical participation rights to earnings and liquidation preferences, and therefore the calculation of EPS as described above is identical to the calculation under the two-class method.
	The following table sets forth the weighted average common shares used in the computation of basic and diluted earnings per share (in thousands):
		Three Months Ended
		March 31,
		2013		2012
	Weighted average common shares outstanding — used in calculation of basic earnings per share		82,722		79,340
	Weighted average common stock equivalents — options and restricted shares		4,179		4,430
	Weighted average common and common equivalent shares outstanding — used in calculation of diluted earnings per share		86,901		83,770
	Options to purchase 1,881,520 and 2,947,279 shares were outstanding at March 31, 2014 and 2013, respectively, but were not included in the computation of diluted earnings per share because the effect of including the options would be anti-dilutive.

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Debt	'
	5. Debt
	At March 31, 2014 and December 31, 2013, debt consisted of the following (in thousands):
		March 31,			December 31,
		2014			2013
	Credit facility, weighted-average interest rate of 2.95% and 3.09%, respectively	$	737,000		$	782,000
	Unamortized original issue discount		(7,150	)		(7,493	)
			729,850			774,507
	Short-term borrowings and current portion of long-term debt		(23,306	)		(23,212	)
	Long-term debt	$	706,544		$	751,295
	Capitalized financing costs of $1.2 million and $1.0 million were amortized to interest expense in the three months ended March 31, 2014 and 2013, respectively. Additionally, the Company amortized to interest expense $0.3 million of the original issue discount in the three months ended March 31, 2014 and 2013, respectively. The unamortized balance of capitalized financing costs is included in intangible and other assets in the Company’s Condensed Consolidated Balance Sheet.
	The estimated fair value of the Company’s credit facility, which is a Level 2 liability, was $737.0 million and $783.6 million at March 31, 2014 and December 31, 2013, respectively. These fair values were computed based on comparable quoted market prices.
	In February 2014, the Company completed a repricing of its $213.2 million term A-2 loans, which replaced these loans with new term A-2 loans at the same outstanding principal balance of $213.2 million but at a different interest rate. The applicable interest rates were reduced to either LIBOR plus 2.0% or the base rate plus 1.0%. The maturity date of the new loans remains December 8, 2017, and no changes were made to the financial covenants or scheduled amortization.
	The repricing of the debt was evaluated in accordance with FASB Accounting Standards Codification 470-50, Debt – Modifications and Extinguishments, for modification and extinguishment accounting. The Company accounted for the repricing as a debt modification with respect to amounts that remained in the syndicate and a debt extinguishment with respect to the amounts that exited the syndicate.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments And Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	6. Commitments and Contingencies
	Millennium Actions
	Several actions (the “Millennium Actions”) have been filed in various jurisdictions against GlobeOp alleging claims and damages with respect to a valuation agent services agreement performed by the Company’s subsidiary, GlobeOp Financial Services S.A. (“GlobeOp”), for the Millennium Global Emerging Credit Fund, L.P. and Millennium Global Emerging Credit Fund Ltd. (the “Millennium Funds”). These actions include (i) a putative class action in the U.S. District Court for the Southern District of New York (the “U.S. Class Action”) on behalf of a putative class of investors in the Millennium Funds filed in May 2012 asserting claims of $844 million (the alleged aggregate value of assets under management by the Millennium Funds at the funds’ peak valuation); (ii) an arbitration proceeding in the United Kingdom (the “UK Arbitration”) on behalf of Millennium Global Investments Ltd. and Millennium Asset Management Ltd., the Millennium Funds’ investment manager and administrative manager, respectively (together, the “Millennium Managers”), which commenced with a request for arbitration in July 2011, seeking an indemnity of $26.5 million for sums paid by way of settlement to the Millennium Funds in a separate arbitration to which GlobeOp was not a party, as well as an indemnity for any losses that may be incurred by the Millennium Managers in the U.S. Class Action; and (iii) a claim in the same arbitration proceeding by the liquidators on behalf of the Millennium Global Emerging Credit Master Fund Ltd. (the “Master Fund”) against GlobeOp for damages alleged to be in excess of $160 million. These actions allege that GlobeOp breached its contractual obligations and/or negligently breached a duty of care in the performance of services for the Millennium Fund and that, inter alia, GlobeOp should have discovered and reported a fraudulent scheme perpetrated by the portfolio manager employed by the investment manager. The U.S. Class Action also asserts claims against SS&C identical to the claims against GlobeOp in that action. In the arbitration, GlobeOp has asserted counterclaims against both the Millennium Managers and the Master Fund for indemnity, including in respect of the U.S. Class Action.
	A hearing on the merits of the claims asserted in the UK Arbitration was conducted in London in July and August 2013. The hearing has been adjourned and is not expected to be reconvened until September 2014.
	GlobeOp has secured insurance coverage that provides reimbursement of various litigation costs up to pre-determined limits. In 2012 and 2013, GlobeOp was reimbursed for litigation costs under the applicable insurance policy.
	In January 2014, GlobeOp, SS&C, the Millennium Managers and the plaintiff in the U.S. Class Action entered into a settlement agreement resolving all disputes and claims between and among the parties (including a separate mutual release between and among GlobeOp and SS&C, on the one hand, and the Millennium Managers on the other). The parties have presented the settlement agreement for approval by the United States District Court for the Southern District of New York and a hearing has been scheduled for July 7, 2014 to consider final approval of the settlement. As part of the settlement, GlobeOp and the Millennium Managers have agreed to withdraw their claims against each other in the UK Arbitration upon approval of the settlement agreement by the United States District Court. Pending that approval, the UK Arbitration has been stayed in relation to the claims between Millennium and GlobeOp. The settlement agreement does not affect the claims counterclaims and/or defenses as between GlobeOp and the Master Fund.
	GlobeOp’s insurers have agreed to fund the entirety of the settlement amount contemplated to be contributed by GlobeOp.
	The Company cannot predict the outcome of these matters. The Company believes that it has strong defenses in the U.S. Class Action and the UK Arbitration and is vigorously contesting the UK Arbitration (as described above, the U.S. Class Action is the subject of a proposed settlement agreement). The amount of any potential loss, if any at all, cannot be reasonably estimated at this time.
	In addition to the foregoing legal proceedings, from time to time, the Company is subject to other legal proceedings and claims. In the opinion of the Company’s management, the Company is not involved in any other such litigation or proceedings with third parties that management believes would have a material adverse effect on the Company or its business.

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]	'
Goodwill	'
	7. Goodwill
	The change in carrying value of goodwill as of and for the three months ended March 31, 2014 is as follows (in thousands):
	Balance at December 31, 2013	$	1,541,386
	Effect of foreign currency translation		(7,445	)
	Balance at March 31, 2014	$	1,533,941

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	8. Income Taxes
	The effective tax rate was 33% and 28% for the three months ended March 31, 2014 and 2013, respectively. The change for the three months ended 2014 was primarily due to the unfavorable impact of tax law changes enacted in New York during the first quarter of 2014.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, Income Taxes (Topic 740) – Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”). The objective is to end some inconsistent practices with regard to the presentation on the balance sheet of unrecognized tax benefits. ASU 2013-11 is effective for financial statement periods beginning after December 15, 2013, with early adoption permitted. The adoption of this standard in the first quarter of 2014 did not have a material impact on the Company’s financial position, results of operations or cash flows.

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Schedule of Stock-Based Compensation Expense Recognized	'
	For stock options with time-based vesting and restricted stock, the total amount of stock-based compensation expense recognized in the Company’s Condensed Consolidated Statements of Comprehensive Income was as follows (in thousands):
		Three Months Ended March 31,
		2014			2013
	Statements of Comprehensive Income Classification
	Cost of software-enabled services	$	1,084		$	752
	Cost of maintenance		91			70
	Cost of professional services		117			88
	Total cost of revenues		1,292			910
	Selling and marketing		637			304
	Research and development		310			230
	General and administrative		736			662
	Total operating expenses		1,683			1,196
	Total stock-based compensation expense	$	2,975		$	2,106
Summary of Stock Option Activity	'
	A summary of stock option activity as of and for the three months ended March 31, 2014 is as follows:
		Shares of Common
		Stock Underlying
		Options
	Outstanding at January 1, 2014		11,515,642
	Granted		—
	Cancelled/forfeited		(19,202	)
	Exercised		(302,520	)
	Outstanding at March 31, 2014		11,193,920

Basic_and_Diluted_Earnings_per1

Basic and Diluted Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Computation of Basic and Diluted Earnings Per Share	'
	The following table sets forth the weighted average common shares used in the computation of basic and diluted earnings per share (in thousands):
		Three Months Ended
		March 31,
		2013		2012
	Weighted average common shares outstanding — used in calculation of basic earnings per share		82,722		79,340
	Weighted average common stock equivalents — options and restricted shares		4,179		4,430
	Weighted average common and common equivalent shares outstanding — used in calculation of diluted earnings per share		86,901		83,770

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Component of Debt	'
	At March 31, 2014 and December 31, 2013, debt consisted of the following (in thousands):
		March 31,			December 31,
		2014			2013
	Credit facility, weighted-average interest rate of 2.95% and 3.09%, respectively	$	737,000		$	782,000
	Unamortized original issue discount		(7,150	)		(7,493	)
			729,850			774,507
	Short-term borrowings and current portion of long-term debt		(23,306	)		(23,212	)
	Long-term debt	$	706,544		$	751,295

Goodwill_Tables

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]	'
Summary of Changes in Carrying Value of Goodwill	'
	The change in carrying value of goodwill as of and for the three months ended March 31, 2014 is as follows (in thousands):
	Balance at December 31, 2013	$	1,541,386
	Effect of foreign currency translation		(7,445	)
	Balance at March 31, 2014	$	1,533,941

StockBased_Compensation_Schedu

Stock-Based Compensation - Schedule of Stock-Based Compensation Expense Recognized (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	$2,975	$2,106
Cost of Software-Enabled Services [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	1,084	752
Cost of Maintenance [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	91	70
Cost of Professional Services [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	117	88
Total Cost of Revenues [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	1,292	910
Selling and Marketing [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	637	304
Research and Development [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	310	230
General and Administrative [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	736	662
Total Operating Expenses [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Total stock-based compensation expense	$1,683	$1,196

StockBased_Compensation_Summar

Stock-Based Compensation - Summary of Stock Option Activity (Detail)	3 Months Ended
	Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Outstanding at January 1, 2014	11,515,642
Granted	'
Cancelled/forfeited	-19,202
Exercised	-302,520
Outstanding at March 31, 2014	11,193,920

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'	'
Income tax benefits related to the exercise of stock options	$2.50	$16.10
Income tax benefit on rollover options exercised	'	3.5
Additional paid-in capital	2.5	12.6
Realized cash savings through income tax benefits	'	$3.40

Stock_Repurchase_Program_Addit

Stock Repurchase Program - Additional Information (Detail) (USD $)	3 Months Ended	1 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Oct. 31, 2013
		Maximum [Member]
Equity, Class of Treasury Stock [Line Items]	'	'
Amount authorized for share repurchase program	'	$100
Number of common stock shares repurchased	90,226	'
Repurchase of common stock	3.5	'
Total number of common stock shares repurchased	114,126	'
Total repurchase of common stock	$4.40	'

Recovered_Sheet1

Basic and Diluted Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Detail)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Weighted average common shares outstanding - used in calculation of basic earnings per share	82,722	79,340
Weighted average common stock equivalents - options and restricted shares	4,179	4,430
Weighted average common and common equivalent shares outstanding - used in calculation of diluted earnings per share	86,901	83,770

Recovered_Sheet2

Basic and Diluted Earnings Per Share - Additional Information (Detail) (Stock Options [Member])	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Stock Options [Member]	'	'
Dilutive Securities Included And Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Options to purchase shares outstanding	1,881,520	2,947,279

Debt_Component_of_Debt_Detail

Debt - Component of Debt (Detail) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]	'	'
Debt from credit facility	$737,000	$782,000
Unamortized original issue discount	-7,150	-7,493
Debt and capital lease obligations	729,850	774,507
Short-term borrowings and current portion of long-term debt	-23,306	-23,212
Long-term debt	$706,544	$751,295

Debt_Component_of_Debt_Parenth

Debt - Component of Debt (Parenthetical) (Detail)	Mar. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]	'	'
Weighted-average interest rate of credit facility	2.95%	3.09%

Debt_Additional_Information_De

Debt - Additional Information (Detail) (USD $)	1 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Feb. 28, 2014	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Debt Instrument [Line Items]	'	'	'	'
Capitalized financing costs amortized to interest expense	'	$1.20	$1	'
Company amortized to interest expense	'	0.3	0.3	'
Estimated fair value of credit facility	'	737	'	783.6
Debt instrument principal amount repriced	213.2	'	'	'
Debt instrument, interest rate terms	'The applicable interest rates were reduced to either LIBOR plus 2.0% or the base rate plus 1.0%.	'	'	'
Term Loan A Two [Member]	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'
Debt instrument principal amount repriced	$213.20	'	'	'
Term loan maturity date	'	8-Dec-17	'	'
Term Loan A Two [Member] | LIBOR Plus [Member]	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'
Debt instrument, basis spread on variable rate	2.00%	'	'	'
Term Loan A Two [Member] | Base Rate Plus [Member]	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'
Debt instrument, basis spread on variable rate	1.00%	'	'	'

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Commitments And Contingencies Disclosure [Abstract]	'
Funds asserting claims	$844
Millennium actions indemnity amount claimed by investment managers	26.5
Millennium actions arbitration proceeding claim amount	$160

Goodwill_Summary_of_Changes_in

Goodwill - Summary of Changes in Carrying Value of Goodwill (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]	'
Balance at December 31, 2013	$1,541,386
Effect of foreign currency translation	-7,445
Balance at March 31, 2014	$1,533,941

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Tax Disclosure [Abstract]	'	'
Effective tax rate	33.00%	28.00%