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Segments
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segments Segments
The Company reports information about its operating segments in accordance with the authoritative guidance related to segments. We manage and report our operating results through three reportable segments: Vehicle Payments, Corporate Payments and Lodging Payments. Our Gift and Payroll Card operating segments are included within Other. These segments align with how the Chief Operating Decision Maker (CODM) allocates resources, assesses performance and reviews financial information.
The Company’s segment results are as follows for the three and six month periods ended June 30, 2024 and 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
20241
20232
20242023
Revenues, net:
Vehicle Payments
$510,278 $509,630 $1,004,339 $1,005,120 
Corporate Payments288,479 246,012 553,875 472,184 
Lodging Payments
122,377 136,564 233,672 258,898 
Other
54,576 55,968 119,075 113,305 
$975,710 $948,174 $1,910,961 $1,849,507 
Operating income:
Vehicle Payments
$242,025 $232,506 $467,720 $455,986 
Corporate Payments120,556 95,708 225,267 176,090 
Lodging Payments
56,391 68,246 103,668 122,809 
Other
14,367 16,190 34,022 32,960 
$433,339 $412,650 $830,677 $787,845 
Depreciation and amortization:
Vehicle Payments
$49,765 $51,926 $100,087 $102,276 
Corporate Payments20,698 17,779 41,501 37,939 
Lodging Payments
11,965 11,661 23,595 23,059 
Other
1,914 2,310 3,919 4,634 
$84,342 $83,676 $169,102 $167,908 
1 Results from Zapay acquired in the first quarter of 2024 are reported in the Vehicle Payments segment from the date of acquisition.
2 Results of the Company's Russian business disposed of in August 2023 are included in the Vehicle Payments segment for all periods prior to disposition.