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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 7 Months Ended 12 Months Ended
Dec. 31, 2016
May 31, 2016
May 31, 2015
May 31, 2014
Cash flows from operating activities:        
Net income $ 137,683 $ 290,217 $ 309,115 $ 269,952
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization of property and equipment 53,242 74,192 64,918 60,124
Amortization of acquired intangibles 194,329 113,689 72,587 61,945
Share-based compensation expense 18,707 30,809 21,056 29,793
Provision for operating losses and bad debts 24,074 27,202 14,506 20,574
Amortization of capitalized customer acquisition costs 14,982 1,776 0 0
Deferred income taxes (33,523) (18,162) 81,079 (1,799)
Gain on sale of investments 41,150 0 0 0
Other, net 19,701 7,481 3,073 (1,484)
Changes in operating assets and liabilities, net of the effects of acquisitions:        
Accounts receivable 2,189 (14,542) 1,248 (18,539)
Claims receivable (16,607) (29,078) (9,317) (11,569)
Settlement processing assets and obligations, net 35,599 218,061 (78,794) (241,431)
Prepaid expenses and other assets 30,604 (23,176) 14,743 23,788
Capitalized customer acquisition costs (58,161) (11,962) 0 0
Accounts payable and other liabilities 121,140 (81,506) (69,513) 2,744
Net cash provided by operating activities 502,809 585,001 424,701 194,098
Cash flows from investing activities:        
Business, intangible and other asset acquisitions, net of cash acquired (35,487) (2,035,657) (359,187) (426,524)
Capital expenditures (88,913) (91,591) (92,550) (81,411)
Net proceeds from sale of investments 37,717 0 0 0
Other 0 0 10,816 6,265
Net cash used in investing activities (86,683) (2,127,248) (440,921) (501,670)
Cash flows from financing activities:        
Net borrowings (repayments) on settlement lines of credit 20,582 (206,009) 198,884 252,667
Proceeds from issuance of long-term debt 1,299,000 6,078,230 2,496,842 2,690,000
Principal payments of long-term debt (1,381,161) (3,691,608) (2,148,907) (2,260,597)
Payment of debt issuance costs (9,279) (63,382) 0 (5,961)
Repurchase of common stock (178,165) (135,954) (372,387) (447,307)
Proceeds from stock issued under share-based compensation plans 6,093 8,480 22,550 31,727
Common stock repurchased - share-based compensation plans (20,390) (12,236) (15,690) (5,681)
Tax benefit from share-based compensation plans 13,017 7,889 5,176 6,475
Purchase of subsidiary shares from noncontrolling interest 0 (7,550) 0 0
Proceeds from sale of subsidiary shares to noncontrolling interest 0 16,374 0 0
Distributions to noncontrolling interests (12,365) (23,308) (39,753) (36,670)
Dividends paid (3,069) (5,439) (5,340) (5,757)
Net cash (used in) provided by financing activities (265,737) 1,965,487 141,375 218,896
Effect of exchange rate changes on cash (32,338) (29,251) (56,288) (9,922)
Increase (decrease) in cash and cash equivalents 118,051 393,989 68,867 (98,598)
Cash and cash equivalents, beginning of the period 1,044,728 650,739 581,872 680,470
Cash and cash equivalents, end of the period $ 1,162,779 $ 1,044,728 $ 650,739 $ 581,872