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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Total revenues $ 1,850,542 $ 1,559,869 $ 1,723,691
Cost of services      
Processing costs 482,870 419,041 400,439
Service fees 52,804 47,289 57,027
Provision for credit losses 45,114 78,443 65,664
Operating interest 9,157 23,810 41,915
Depreciation and amortization 112,164 104,592 94,725
Total cost of services 702,109 673,175 659,770
General and administrative 326,878 292,109 275,807
Sales and marketing 319,078 266,684 259,869
Depreciation and amortization 160,477 157,334 142,404
Legal settlement 0 162,500 0
Impairment charges 0 53,378 0
Loss on sale of subsidiary 0 46,362 0
Operating income (loss) 342,000 (91,673) 385,841
Financing interest expense (128,422) (157,080) (134,677)
Net foreign currency loss (12,339) (25,783) (926)
Change in fair value of contingent consideration (40,100) 0 0
Other income 3,617 491 932
Net unrealized gain (loss) on financial instruments 39,190 (27,036) (34,654)
Income (loss) before income taxes 203,946 (301,081) 216,516
Income tax provision (benefit) 67,807 (20,597) 61,223
Net income (loss) 136,139 (280,484) 155,293
Less: Net income (loss) from non-controlling interests 846 3,466 (1,030)
Net income (loss) attributable to WEX Inc. 135,293 (283,950) 156,323
Change in value of redeemable non-controlling interest (135,156) 40,312 (57,317)
Net income (loss) attributable to shareholders $ 137 $ (243,638) $ 99,006
Net loss attributable to shareholders per share:      
Basic (in dollars per share) $ 0 $ (5.56) $ 2.29
Diluted (in dollars per share) $ 0 $ (5.56) $ 2.26
Weighted average common shares outstanding:      
Basic (in shares) 44,718 43,842 43,316
Diluted (in shares) 45,312 43,842 43,769
Payment processing revenue      
Revenues      
Total revenues $ 858,990 $ 698,891 $ 825,592
Account servicing revenue      
Revenues      
Total revenues 526,858 449,456 413,552
Finance fee revenue      
Revenues      
Total revenues 255,323 198,523 247,318
Other revenue      
Revenues      
Total revenues $ 209,371 $ 212,999 $ 237,229