XML 36 R23.htm IDEA: XBRL DOCUMENT v3.6.0.2
SETTLEMENT PROCESSING ASSETS AND OBLIGATIONS (Tables)
 6 Months Ended
Nov. 30, 2016
Offsetting [Abstract]  
Offsetting liabilities
As of November 30, 2016 and May 31, 2016, settlement processing assets and obligations consisted of the following:
 
November 30, 2016
 
May 31, 2016
 
 
 
 
 
(in thousands)
Settlement processing assets:
 
 
 
Interchange reimbursement
$
260,227

 
$
150,644

Liability to Members
(120,422
)
 
(14,997
)
Receivable from networks
1,003,108

 
1,203,308

Exception items
5,420

 
3,003

Merchant Reserves
(30,667
)
 
(5,632
)
 
$
1,117,666

 
$
1,336,326

 
 
 
 
Settlement processing obligations:
 
 
 
Interchange reimbursement
$
66,519

 
$
193,989

Liability to Members
(33,566
)
 
(261,945
)
Liability to merchants
(771,239
)
 
(1,005,009
)
Exception items
8,742

 
5,827

Merchant Reserves
(150,260
)
 
(149,667
)
Reserves for operating losses and sales allowances
(3,643
)
 
(3,510
)
 
$
(883,447
)
 
$
(1,220,315
)
Offsetting assets
As of November 30, 2016 and May 31, 2016, settlement processing assets and obligations consisted of the following:
 
November 30, 2016
 
May 31, 2016
 
 
 
 
 
(in thousands)
Settlement processing assets:
 
 
 
Interchange reimbursement
$
260,227

 
$
150,644

Liability to Members
(120,422
)
 
(14,997
)
Receivable from networks
1,003,108

 
1,203,308

Exception items
5,420

 
3,003

Merchant Reserves
(30,667
)
 
(5,632
)
 
$
1,117,666

 
$
1,336,326

 
 
 
 
Settlement processing obligations:
 
 
 
Interchange reimbursement
$
66,519

 
$
193,989

Liability to Members
(33,566
)
 
(261,945
)
Liability to merchants
(771,239
)
 
(1,005,009
)
Exception items
8,742

 
5,827

Merchant Reserves
(150,260
)
 
(149,667
)
Reserves for operating losses and sales allowances
(3,643
)
 
(3,510
)
 
$
(883,447
)
 
$
(1,220,315
)