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Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Reportable Segment Results

The following tables present the Company’s reportable segment results:

	Three Months Ended September 30, 2018
(In thousands)	Fleet Solutions				Travel and Corporate Solutions				Health and Employee Benefit Solutions				Total
Revenues
Payment processing revenue	$	116,023			$	54,345			$	12,503			$	182,871
Account servicing revenue	42,810				9,120				26,818				78,748
Finance fee revenue	51,644				670				1,389				53,703
Other revenue	39,135				18,675				9,558				67,368
Total revenues	$	249,612			$	82,810			$	50,268			$	382,690
Interest income	$	1,092			$	172			$	543			$	1,807

	Three Months Ended September 30, 2017
(In thousands)	Fleet Solutions				Travel and Corporate Solutions				Health and Employee Benefit Solutions				Total
Revenues
Payment processing revenue	$	90,270			$	44,177			$	11,255			$	145,702
Account servicing revenue	44,858				206				26,258				71,322
Finance fee revenue	40,773				87				10,019				50,879
Other revenue	36,177				16,556				3,366				56,099
Total revenues	$	212,078			$	61,026			$	50,898			$	324,002
Interest income	$	944			$	208			$	10,899			$	12,051

	Nine Months Ended September 30, 2018
(In thousands)	Fleet Solutions				Travel and Corporate Solutions				Health and Employee Benefit Solutions				Total
Revenues
Payment processing revenue	$	335,896			$	150,411			$	43,756			$	530,063
Account servicing revenue	128,039				27,584				80,545				236,168
Finance fee revenue	140,436				1,157				13,365				154,958
Other revenue	117,076				46,201				23,929				187,206
Total revenues	$	721,447			$	225,353			$	161,595			$	1,108,395
Interest income	$	3,127			$	715			$	11,698			$	15,540

	Nine Months Ended September 30, 2017
(In thousands)	Fleet Solutions				Travel and Corporate Solutions				Health and Employee Benefit Solutions				Total
Revenues
Payment processing revenue	$	264,210			$	119,328			$	39,896			$	423,434
Account servicing revenue	122,238				528				75,772				198,538
Finance fee revenue	113,754				469				22,113				136,336
Other revenue	103,003				43,414				14,518				160,935
Total revenues	$	603,205			$	163,739			$	152,299			$	919,243
Interest income	$	2,764			$	569			$	23,253			$	26,586

Reconciliation of Adjusted Net Income to Income Before Income Taxes

The following table reconciles segment adjusted operating income to income before income taxes:

	Three Months Ended September 30,								Nine Months Ended September 30,
(In thousands)	2018				2017				2018				2017
Segment adjusted operating income
Fleet Solutions	$	113,731			$	92,698			$	329,364			$	267,718
Travel and Corporate Solutions	39,377				28,995				99,074				69,697
Health and Employee Benefit Solutions	10,482				11,507				42,444				41,897
Total segment adjusted operating income	$	163,590			$	133,200			$	470,882			$	379,312
Reconciliation:
Total segment adjusted operating income	$	163,590			$	133,200			$	470,882			$	379,312
Less:
Unallocated corporate expenses	13,414				12,935				42,378				38,056
Acquisition-related intangible amortization	33,439				38,510				103,596				114,603
Other acquisition and divestiture related items	1,536				1,006				2,792				3,380
Debt restructuring costs	317				2,519				3,798				2,519
Stock-based compensation	9,799				8,483				25,659				22,354
Restructuring and other costs	1,973				6,024				8,274				10,169
Impairment charges	2,424				—				2,424				16,175
Operating income	100,688				63,723				281,961				172,056
Financing interest expense	(25,718		)		(25,754		)		(78,560		)		(81,449		)
Net foreign currency (loss) gain	(1,094		)		14,611				(27,438		)		33,578
Net unrealized gain (loss) on financial instruments	2,157				(150		)		18,371				(849		)
Income before income taxes	$	76,033			$	52,430			$	194,334			$	123,336

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.

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