XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.20.2

SEGMENT INFORMATION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Information on segments and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization was as follows for the three and nine months ended September 30, 2020 and 2019:
| Three Months Ended |  | Nine Months Ended
| September 30, 2020 |  | September 30, 2019 |  | September 30, 2020 |  | September 30, 2019
| (in thousands)
Revenues(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 1,243,961 |  |  | $ | 1,004,943 |  |  | $ | 3,460,785 |  |  | $ | 2,812,640 |
Issuer Solutions | 487,409 |  |  | 75,628 |  |  | 1,461,196 |  |  | 86,122 |
Business and Consumer Solutions | 204,106 |  |  | 27,896 |  |  | 624,774 |  |  | 27,896 |
Intersegment eliminations | (17,661) |  |  | (2,526) |  |  | (53,390) |  |  | (2,527) |
Consolidated revenues | $ | 1,917,815 |  |  | $ | 1,105,941 |  |  | $ | 5,493,365 |  |  | $ | 2,924,131 |
Operating income (loss)(1)(2): |  |  |  |  |  |  |
Merchant Solutions | $ | 344,981 |  |  | $ | 318,786 |  |  | $ | 824,212 |  |  | $ | 840,326 |
Issuer Solutions | 70,800 |  |  | 5,885 |  |  | 188,131 |  |  | 12,920 |
Business and Consumer Solutions | 31,052 |  |  | 3,365 |  |  | 110,358 |  |  | 3,365 |
Corporate | (156,414) |  |  | (153,999) |  |  | (480,730) |  |  | (261,356) |
Consolidated operating income | $ | 290,419 |  |  | $ | 174,037 |  |  | $ | 641,971 |  |  | $ | 595,255 |
Depreciation and amortization(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 238,946 |  |  | $ | 156,016 |  |  | $ | 708,808 |  |  | $ | 447,315 |
Issuer Solutions | 137,965 |  |  | 21,341 |  |  | 410,955 |  |  | 21,687 |
Business and Consumer Solutions | 23,957 |  |  | 5,200 |  |  | 71,712 |  |  | 5,200 |
Corporate | 6,031 |  |  | 1,189 |  |  | 15,917 |  |  | 3,296 |
Consolidated depreciation and amortization | $ | 406,899 |  |  | $ | 183,746 |  |  | $ | 1,207,392 |  |  | $ | 477,498 |
(1) Revenues, operating income and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates. For further discussion of our acquisitions, see "Note 2—Acquisitions." (2) Operating loss for Corporate included acquisition and integration expenses of $57.6 million and $86.9 million during the three months ended September 30, 2020 and 2019, respectively. Operating loss for Corporate included acquisition and integration expense of $208.0 million and $98.0 million during the nine months ended September 30, 2020 and 2019, respectively. Operating income for our Merchant Solutions segment reflected the effect of acquisition and integration expenses of $13.9 million for the three months ended September 30, 2019 and $5.7 million and $22.3 million for the nine months ended September 30, 2020 and 2019, respectively.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration