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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 7 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
May 31, 2016
May 31, 2015
Cash flows from operating activities:        
Net income $ 137,683 $ 494,070 $ 290,217 $ 309,115
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization of property and equipment 53,242 113,273 74,192 64,918
Amortization of acquired intangibles 194,329 337,878 113,689 72,587
Share-based compensation expense 18,707 39,095 30,809 21,056
Provision for operating losses and bad debts 24,074 48,443 27,202 14,506
Amortization of capitalized customer acquisition costs 14,982 45,098 1,776 0
Deferred income taxes (33,523) (250,670) (18,162) 81,079
Gain on sale of investments (41,150) 0 0 0
Other, net 32,718 44,070 15,370 8,249
Changes in operating assets and liabilities, net of the effects of acquisitions:        
Accounts receivable 2,189 (14,096) (14,542) 1,248
Settlement processing assets and obligations, net 35,599 (361,673) 218,061 (78,794)
Prepaid expenses and other assets 13,997 (46,439) (52,254) 5,426
Capitalized customer acquisition costs (58,161) (82,988) (11,962) 0
Accounts payable and other liabilities 121,140 146,327 (81,506) (69,513)
Net cash provided by operating activities 515,826 512,388 592,890 429,877
Cash flows from investing activities:        
Acquisitions, net of cash acquired (33,865) (562,688) (2,034,406) (355,971)
Capital expenditures (88,913) (181,905) (91,591) (92,550)
Net proceeds from sale of investments 37,717 0 0 0
Net proceeds from sales of property and equipment 0 37,565 0 10,597
Other, net (1,622) (28,997) (1,251) (2,997)
Net cash used in investing activities (86,683) (736,025) (2,127,248) (440,921)
Cash flows from financing activities:        
Net proceeds from (repayments of) settlement lines of credit 20,582 221,532 (206,009) 198,884
Proceeds from long-term debt 1,299,000 1,994,324 6,078,230 2,496,842
Repayments of long-term debt (1,381,161) (1,781,541) (3,691,608) (2,148,907)
Payment of debt issuance costs (9,279) (9,520) (63,382) 0
Repurchase of common stock (178,165) (34,811) (135,954) (372,387)
Proceeds from stock issued under share-based compensation plans 6,093 10,115 8,480 22,550
Common stock repurchased - share-based compensation plans (20,390) (31,761) (12,236) (15,690)
Purchase of subsidiary shares from noncontrolling interest 0 0 (7,550) 0
Proceeds from sale of subsidiary shares to noncontrolling interest 0 0 16,374 0
Distributions to noncontrolling interests (12,365) (9,301) (23,308) (39,753)
Dividends paid (3,069) (6,732) (5,439) (5,340)
Net cash provided by (used in) financing activities (278,754) 352,305 1,957,598 136,199
Effect of exchange rate changes on cash (32,338) 44,408 (29,251) (56,288)
Increase in cash and cash equivalents 118,051 173,076 393,989 68,867
Cash and cash equivalents, beginning of the period 1,044,728 1,162,779 650,739 581,872
Cash and cash equivalents, end of the period $ 1,162,779 $ 1,335,855 $ 1,044,728 $ 650,739