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Revenues
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenues
3.Revenues
    In accordance with Topic 606, revenue is recognized when, or as, performance obligations are satisfied as defined by the terms of the applicable contract, in an amount that reflects the consideration to which the Company expects to be entitled in exchange for goods or services provided.
The following tables disaggregate the Company’s consolidated revenues:
Three Months Ended September 30, 2021
(In thousands)Fleet SolutionsTravel and Corporate SolutionsHealth and Employee Benefit SolutionsTotal
Topic 606 revenues
Payment processing revenue$130,006 $79,815 $16,305 $226,126 
Account servicing revenue4,457 10,908 83,145 98,510 
Other revenue21,376 (636)5,909 26,649 
Total Topic 606 revenues$155,839 $90,087 $105,359 $351,285 
Non-Topic 606 revenues130,522 915 42 131,479 
Total revenues$286,361 $91,002 $105,401 $482,764 
Three Months Ended September 30, 2020
(In thousands)Fleet SolutionsTravel and Corporate SolutionsHealth and Employee Benefit SolutionsTotal
Topic 606 revenues
Payment processing revenue$102,418 $53,239 $15,420 $171,077 
Account servicing revenue4,436 9,964 63,103 77,503 
Other revenue20,778 529 7,655 28,962 
Total Topic 606 revenues$127,632 $63,732 $86,178 $277,542 
Non-Topic 606 revenues101,072 564 2,938 104,574 
Total revenues$228,704 $64,296 $89,116 $382,116 
Nine Months Ended September 30, 2021
(In thousands)Fleet SolutionsTravel and Corporate SolutionsHealth and Employee Benefit SolutionsTotal
Topic 606 revenues
Payment processing revenue$367,032 $205,345 $55,564 $627,941 
Account servicing revenue13,162 32,817 230,572 276,551 
Other revenue64,044 2,820 18,763 85,627 
Total Topic 606 revenues$444,238 $240,982 $304,899 $990,119 
Non-Topic 606 revenues360,348 2,424 113 362,885 
Total revenues$804,586 $243,406 $305,012 $1,353,004 
Nine Months Ended September 30, 2020
(In thousands)Fleet SolutionsTravel and Corporate SolutionsHealth and Employee Benefit SolutionsTotal
Topic 606 revenues
Payment processing revenue$305,888 $166,768 $49,919 $522,575 
Account servicing revenue13,146 31,210 189,274 233,630 
Other revenue59,797 1,645 27,143 88,585 
Total Topic 606 revenues$378,831 $199,623 $266,336 $844,790 
Non-Topic 606 revenues304,100 3,527 8,462 316,089 
Total revenues$682,931 $203,150 $274,798 $1,160,879 
Substantially all revenues relate to services transferred to the customer over time.
Contract Balances
The majority of the Company’s receivables, which are excluded from the table below, are either due from cardholders who have not been deemed the Company’s customer as it relates to interchange income or from revenues earned outside of the scope of Topic 606. The Company’s contract assets consist of upfront payments made to customers under long-term contracts and are recorded upon the later of when the Company recognizes revenue for the transfer of the related goods or services to the customer or the Company pays or promises to pay the consideration. The resulting asset is amortized against revenue as the Company performs its obligations under these arrangements. The Company’s contract liabilities consist of customer payments received before the Company has satisfied the associated performance obligations.
The following table provides information about these contract balances:
(In thousands)
Contract balanceLocation on the condensed consolidated balance sheetsSeptember 30, 2021December 31, 2020
Receivables
Accounts receivable, net$45,316 $43,541 
Contract assets
Prepaid expenses and other current assets12,589 5,495 
Contract assets
Other assets40,112 19,927 
Contract liabilities
Other current liabilities5,706 8,530 
Contract liabilities
Other liabilities31,867 24,614 
Refund liabilitiesAccrued expenses— 5,265 
During the nine months ended September 30, 2021, the Company recognized revenue of $3.5 million related to contract liabilities existing as of December 31, 2020. There were no material amounts recognized during the three months ended September 30, 2021 related to contract liabilities existing as of December 31, 2020.
Remaining Performance Obligations
The Company’s unsatisfied or partially unsatisfied performance obligations as of September 30, 2021 represent the remaining minimum monthly fees on a portion of contracts across the lines of business and contractually obligated professional services yet to be provided by the Company. The following table includes revenue expected to be recognized related to remaining performance obligations at the end of the reporting period and is not indicative of the Company’s future revenue, as it relates to an insignificant portion of the Company’s operations.
(In thousands)Remaining 202120222023202420252026ThereafterTotal
Minimum monthly fees1
$19,436 $54,958 $34,567 $13,325 $5,806 $1,290 $— $129,382 
Professional services2
5,180 2,988 21 6 — — — 8,195 
Other3
258 4,722 4,362 7,845 11,214 13,588 20,330 62,319 
Total remaining performance obligations$24,874 $62,668 $38,950 $21,176 $17,020 $14,878 $20,330 $199,896 
1 The transaction price allocated to the remaining performance obligations represents the minimum monthly fees on certain service contracts, which contain substantive termination penalties that require the counterparty to pay the Company for the aggregate remaining minimum monthly fees upon an early termination for convenience.
2 Includes software development projects and other services sold subsequent to the core offerings, to which the customer is contractually obligated.
3 Represents deferred revenue and contractual minimums associated with payment processing service obligations.