XML 38 R27.htm IDEA: XBRL DOCUMENT v3.23.1

Revenue (Tables)

9 Months Ended

Mar. 31, 2023

Banking and Thrift, Interest [Abstract]

Disaggregation of Revenue

The following table presents the company’s revenue disaggregated by revenue source (in thousands):

			Three Months Ended March 31,												Nine Months Ended March 31,
			2023						2022						2023						2022
Merchant network revenue			$	119,013					$	121,054					$	366,181					$	340,385
Virtual card network revenue			29,469						23,169						85,294						69,122
Interest income			178,270						134,599						470,393						390,256
Gain on sales of loans			32,813						52,484						156,015						141,153
Servicing income			21,413						23,456						64,277						44,242
Total Revenue, net			$	380,978					$	354,762					$	1,142,160					$	985,158

Schedule of Interest Income

Interest income consisted of the following components (in thousands):

						Three Months Ended March 31,												Nine Months Ended March 31,
						2023						2022						2023						2022
Interest income on unpaid principal balance						$	147,759					$	95,253					$	379,755					$	266,868
Amortization of discount on loans						39,130						45,443						116,937						138,853
Amortization of premiums on loans						(4,515)						(3,407)						(13,469)						(9,139)
Interest receivable charged-off, net of recoveries						(4,104)						(2,690)						(12,830)						(6,326)
Total interest income						$	178,270					$	134,599					$	470,393					$	390,256

X

- References

No definition available.

+ Details

Name:	us-gaap_BankingAndThriftInterestAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities.

+ References

No definition available.

+ Details

Name:	us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration