| Reportable Segment Results |
The following table presents the Company’s reportable segment results on an adjusted pre-tax net income before NCI basis for the three months ended September 30, 2015 and 2014: | | | | | | | | | | | | | | | | | | Total Revenues | | Operating Interest Expense | | Depreciation and Amortization | | Adjusted Pre-Tax Income before NCI | Three months ended September 30, 2015 | | | | | | | | Fleet payment solutions | $ | 140,672 |
| | $ | 405 |
| | $ | 7,234 |
| | $ | 54,377 |
| Other payment solutions | 85,385 |
| | 1,078 |
| | 1,943 |
| | 30,349 |
| Total | $ | 226,057 |
| | $ | 1,483 |
| | $ | 9,177 |
| | $ | 84,726 |
| Three months ended September 30, 2014 | | | | | | | | Fleet payment solutions | $ | 144,497 |
| | $ | 1,033 |
| | $ | 6,412 |
| | $ | 54,045 |
| Other payment solutions | 77,637 |
| | 827 |
| | 1,390 |
| | 31,942 |
| Total | $ | 222,134 |
| | $ | 1,860 |
| | $ | 7,802 |
| | $ | 85,987 |
|
The following table presents the Company’s reportable segment results on an adjusted pre-tax net income before NCI basis for the nine months ended September 30, 2015 and 2014: | | | | | | | | | | | | | | | | | | Total Revenues | | Operating Interest Expense | | Depreciation and Amortization | | Adjusted Pre-Tax Income before NCI | Nine months ended September 30, 2015 | | | | | | | | Fleet payment solutions | $ | 404,682 |
| | $ | 1,566 |
| | $ | 21,668 |
| | $ | 149,151 |
| Other payment solutions | 237,313 |
| | 2,853 |
| | 5,480 |
| | 82,458 |
| Total | $ | 641,995 |
|
| $ | 4,419 |
|
| $ | 27,148 |
|
| $ | 231,609 |
| Nine months Ended September 30, 2014 | | | | | | | | Fleet payment solutions | $ | 425,760 |
| | $ | 2,143 |
| | $ | 19,225 |
| | $ | 159,373 |
| Other payment solutions | 180,023 |
| | 2,604 |
| | 2,154 |
| | 72,862 |
| Total | $ | 605,783 |
|
| $ | 4,747 |
|
| $ | 21,379 |
|
| $ | 232,235 |
|
|
| Reconciliation of Adjusted Net Income to Net Income |
The following table reconciles adjusted pre-tax income before NCI to income before income taxes: | | | | | | | | | | | | | | | | | Three months ended
September 30, | Nine months ended
September 30, | | 2015 | | 2014 | 2015 | | 2014 | Adjusted pre-tax income before NCI | $ | 84,726 |
| | $ | 85,987 |
| $ | 231,609 |
| | $ | 232,235 |
| Unrealized (loss) gain on fuel price derivatives | (3,251 | ) | | 16,213 |
| (27,552 | ) | | 14,140 |
| Net foreign currency gain (loss) | 6,525 |
| | (7,560 | ) | (12 | ) | | (5,289 | ) | Amortization of acquired intangible assets | (11,601 | ) | | (11,798 | ) | (35,776 | ) | | (28,415 | ) | Stock-based compensation | (3,067 | ) | | (4,549 | ) | (10,227 | ) | | (10,089 | ) | Restructuring | 45 |
| | — |
| (8,514 | ) | | — |
| Gain on divestiture | — |
| | 27,169 |
| 1,215 |
| | 27,169 |
| Expenses and adjustments related to acquisitions | (265 | ) | | (5,559 | ) | (265 | ) | | (6,059 | ) | Non-cash adjustments related to tax receivable agreement | 1,634 |
| | (1,356 | ) | 1,634 |
| | (1,356 | ) | Regulatory reserve | (2,250 | ) | | — |
| (2,250 | ) | | — |
| Income before income taxes | $ | 72,496 |
| | $ | 98,547 |
| $ | 149,862 |
| | $ | 222,336 |
|
|