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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Information on our Merchant Solutions segment, including significant segment expenses, and reconciliations to consolidated revenues, consolidated operating income and consolidated depreciation and amortization were as follows for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands)
Revenues(1) | $ | 1,956,747 |  |  | $ | 1,971,025 |  |  | $ | 3,765,434 |  |  | $ | 3,805,119 |
Operating expenses(1): |  |  |  |  |  |  |
Merchant Solutions: |  |  |  |  |  |  |
Cost of service | $ | 498,788 |  |  | $ | 504,462 |  |  | $ | 987,653 |  |  | $ | 1,003,516 |
Selling, general and administrative | 741,028 |  |  | 794,038 |  |  | 1,446,748 |  |  | 1,548,641 |
Total Merchant Solutions expenses | 1,239,816 |  |  | 1,298,500 |  |  | 2,434,401 |  |  | 2,552,157 |
Corporate | 289,992 |  |  | 197,137 |  |  | 527,991 |  |  | 417,983 |
Operating income (loss)(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 716,931 |  |  | $ | 672,525 |  |  | $ | 1,331,033 |  |  | $ | 1,252,962 |
Corporate | (289,992) |  |  | (197,137) |  |  | (527,991) |  |  | (417,983) |
Gain on business disposition | 267 |  |  | — |  |  | 4,260 |  |  | — |
Consolidated operating income | $ | 427,206 |  |  | $ | 475,388 |  |  | $ | 807,302 |  |  | $ | 834,979 |
Depreciation and amortization(1): |  |  |  |  |  |  |
Merchant Solutions | $ | 287,403 |  |  | $ | 299,218 |  |  | $ | 568,170 |  |  | $ | 591,551 |
Corporate | 9,053 |  |  | 5,784 |  |  | 16,737 |  |  | 10,416 |
Consolidated depreciation and amortization | $ | 296,456 |  |  | $ | 305,002 |  |  | $ | 584,907 |  |  | $ | 601,967 |
(1) Revenues, operating expenses, operating income and depreciation and amortization reflect the effects of our disposed AdvancedMD business through its disposal date. See “Note 2—Business Dispositions and Discontinued Operations” for further discussion. Operating income and operating expenses included acquisition and transformation expenses of $133.7 million and $53.6 million for the three months ended June 30, 2025 and 2024, respectively, which were primarily included within Corporate selling, general and administrative expenses. During the six months ended June 30, 2025 and 2024, operating income included acquisition and transformation expenses of $228.3 million and $131.4 million, respectively, which were primarily included within Corporate selling, general and administrative expenses.

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- 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
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