XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.25.1

SEGMENT INFORMATION (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Information on segments, including significant segment expenses, and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization were as follows for the three months ended March 31, 2025 and 2024:
| Three Months Ended |  |
| March 31, 2025 |  | March 31, 2024 |  |  |  |
| (in thousands)
Revenues(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 1,808,687 |  |  | $ | 1,834,094 |  |  |  |  |
Issuer Solutions | 620,730 |  |  | 602,735 |  |  |  |  |
Intersegment eliminations | (17,319) |  |  | (16,642) |  |  |  |  |
Consolidated revenues | $ | 2,412,098 |  |  | $ | 2,420,187 |  |  |  |  |
Operating expenses(1): |  |  |  |  |  |  |
Merchant Solutions: |  |  |  |  |  |  |
Cost of service | $ | 488,865 |  |  | $ | 499,055 |  |  |  |  |
Selling, general and administrative | 705,720 |  |  | 754,601 |  |  |  |  |
Total Merchant Solutions expenses | 1,194,585 |  |  | 1,253,656 |  |  |  |  |
Issuer Solutions: |  |  |  |  |  |  |
Cost of service | 444,808 |  |  | 434,201 |  |  |  |  |
Selling, general and administrative | 66,604 |  |  | 62,437 |  |  |  |  |
Total Issuer Solutions expenses | 511,412 |  |  | 496,638 |  |  |  |  |
Corporate | 256,528 |  |  | 234,283 |  |  |  |  |
Intersegment eliminations | (17,319) |  |  | (16,642) |  |  |  |  |
Operating income (loss)(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 614,102 |  |  | $ | 580,438 |  |  |  |  |
Issuer Solutions | 109,318 |  |  | 106,097 |  |  |  |  |
Corporate | (256,528) |  |  | (234,283) |  |  |  |  |
Gain on business disposition | 3,993 |  |  | — |  |  |  |  |
Consolidated operating income | $ | 470,885 |  |  | $ | 452,252 |  |  |  |  |
Depreciation and amortization(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 280,767 |  |  | $ | 292,333 |  |  |  |  |
Issuer Solutions | 162,749 |  |  | 163,974 |  |  |  |  |
Corporate | 8,592 |  |  | 4,829 |  |  |  |  |
Consolidated depreciation and amortization | $ | 452,108 |  |  | $ | 461,136 |  |  |  |  |
(1) Revenues, operating expenses, operating income and depreciation and amortization reflect the effects of disposed businesses through the respective disposal dates. See “Note 2—Business Dispositions” for further discussion.

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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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