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v3.5.0.2

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015
Income Statement [Abstract] |  |  |  |
Revenues, net | $ 417,905 | $ 404,605 | $ 832,167 | $ 820,771
Expenses: |  |  |  |
Merchant commissions | 22,308 | 21,725 | 50,541 | 49,051
Processing | 80,691 | 74,564 | 160,505 | 155,920
Selling | 31,947 | 27,297 | 58,500 | 53,628
General and administrative | 63,586 | 63,388 | 131,180 | 133,110
Depreciation and amortization | 48,436 | 48,827 | 84,764 | 96,909
Other operating, net | (231) | (347) | (446) | (772)
Operating income | 171,168 | 169,151 | 347,123 | 332,925
Equity method investment (income) loss | (7,184) | 5,118 | (4,991) | 7,818
Other expense, net | 104 | 653 | 763 | 2,513
Interest expense, net | 15,900 | 18,089 | 32,091 | 37,655
Total other expense | 8,820 | 23,860 | 27,863 | 47,986
Income before income taxes | 162,348 | 145,291 | 319,260 | 284,939
Provision for income taxes | 48,163 | 46,613 | 95,103 | 92,108
Net income | $ 114,185 | $ 98,678 | $ 224,157 | $ 192,831
Earnings per share: |  |  |  |
Basic earnings per share (in dollars per share) | $ 1.23 | $ 1.07 | $ 2.42 | $ 2.10
Diluted earnings per share (in dollars per share) | $ 1.21 | $ 1.05 | $ 2.37 | $ 2.05
Weighted average shares outstanding: |  |  |  |
Basic weighted average shares outstanding (in shares) | 92,665 | 91,904 | 92,591 | 91,828
Diluted weighted average shares outstanding (in shares) | 94,549 | 94,050 | 94,437 | 93,992

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