Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables present the Company’s reportable segment results for the three and nine months ended September 30, 2019 and 2018:



	For the Three Months Ended September 30, 2019
(in thousands)	EFT Processing		epay		Money Transfer		Corporate Services, Eliminations and Other			Consolidated
Total revenues	$	316,188	$	191,071	$	280,837	$	(1,110	)	$	786,986
Operating expenses:
Direct operating costs	111,116		145,410		149,663		(1,108		)	405,081
Salaries and benefits	23,936		15,188		51,555		10,675			101,354
Selling, general and administrative	12,191		8,838		35,820		1,866			58,715
Depreciation and amortization	18,044		1,572		8,151		79			27,846
Total operating expenses	165,287		171,008		245,189		11,512			592,996
Operating income (expense)	$	150,901	$	20,063	$	35,648	$	(12,622	)	$	193,990



	For the Three Months Ended September 30, 2018
(in thousands)	EFT Processing		epay		Money Transfer		Corporate Services, Eliminations and Other			Consolidated
Total revenues	$	261,736	$	185,431	$	268,291	$	(953	)	$	714,505
Operating expenses:
Direct operating costs	101,763		142,665		144,758		(950		)	388,236
Salaries and benefits	21,653		14,491		48,945		8,019			93,108
Selling, general and administrative	11,227		9,968		32,483		2,109			55,787
Depreciation and amortization	16,694		1,881		7,854		32			26,461
Total operating expenses	151,337		169,005		234,040		9,210			563,592
Operating income (expense)	$	110,399	$	16,426	$	34,251	$	(10,163	)	$	150,913



	For the Nine Months Ended September 30, 2019
(in thousands)	EFT Processing		epay		Money Transfer		Corporate Services, Eliminations and Other			Consolidated
Total revenues	$	693,837	$	551,345	$	814,201	$	(3,021	)	$	2,056,362
Operating expenses:
Direct operating costs	300,460		419,362		435,901		(2,998		)	1,152,725
Salaries and benefits	64,706		44,939		155,424		27,630			292,699
Selling, general and administrative	32,022		26,314		96,660		5,708			160,704
Depreciation and amortization	52,464		5,113		24,448		228			82,253
Total operating expenses	449,652		495,728		712,433		30,568			1,688,381
Operating income (expense)	$	244,185	$	55,617	$	101,768	$	(33,589	)	$	367,981



	For the Nine Months Ended September 30, 2018
(in thousands)	EFT Processing		epay		Money Transfer		Corporate Services, Eliminations and Other			Consolidated
Total revenues	$	592,333	$	528,739	$	768,943	$	(2,771	)	$	1,887,244
Operating expenses:
Direct operating costs	279,927		403,010		412,895		(2,760		)	1,093,072
Salaries and benefits	57,704		43,235		145,420		24,178			270,537
Selling, general and administrative	30,557		27,191		93,610		6,798			158,156
Depreciation and amortization	49,277		5,653		23,702		94			78,726
Total operating expenses	417,465		479,089		675,627		28,310			1,600,491
Operating income (expense)	$	174,868	$	49,650	$	93,316	$	(31,081	)	$	286,753

The following table presents the Company’s property and equipment and total assets by reportable segment:



	Property and Equipment, net as of				Total Assets as of
(in thousands)	September 30, 2019		December 31, 2018		September 30, 2019		December 31, 2018
EFT Processing	$	237,627	$	215,106	$	1,766,369	$	1,220,141
epay	35,251		31,172		761,862		780,220
Money Transfer	48,865		45,517		1,532,493		1,310,775
Corporate Services, Eliminations and Other	59		74		253,400		10,019
Total	$	321,802	$	291,869	$	4,314,124	$	3,321,155

Schedule of Revenues by Segment by Region [Table Text Block]

The following table presents the Company's revenues disaggregated by segment and region. Sales and usage-based taxes are excluded from revenues. The Company believes disaggregation by segment and region best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. The disaggregation of revenues by segment and region is based on management's assessment of segment performance together with allocation of financial resources, both capital and operating support costs, on a segment and regional level. Both segments and regions benefit from synergies achieved through concentration of operations and are influenced by macro-economic, regulatory and political factors in the respective segment and region.



	For the Three Months Ended September 30, 2019									For the Nine Months Ended September 30, 2019
(in thousands)	EFT Processing		epay		Money Transfer		Total			EFT Processing		epay		Money Transfer		Total
Europe	$	274,313	$	130,602	$	94,625	$	499,540		$	574,620	$	368,830	$	273,760	$	1,217,210
North America	8,717		37,218		147,989		193,924			24,880		114,614		428,349		567,843
Asia Pacific	33,153		19,039		31,575		83,767			94,317		55,333		93,865		243,515
Other	5		4,212		6,648		10,865			20		12,568		18,227		30,815
Eliminations	—		—		—		(1,110		)	—		—		—		(3,021		)
Total	$	316,188	$	191,071	$	280,837	$	786,986		$	693,837	$	551,345	$	814,201	$	2,056,362



	For the Three Months Ended September 30, 2018									For the Nine Months Ended September 30, 2018
(in thousands)	EFT Processing		epay		Money Transfer		Total			EFT Processing		epay		Money Transfer		Total
Europe	$	226,531	$	123,386	$	84,492	$	434,409		$	485,030	$	340,180	$	240,266	$	1,065,476
North America	7,613		41,346		147,830		196,789			23,956		124,667		420,568		569,191
Asia Pacific	27,570		17,505		31,195		76,270			83,310		52,116		95,049		230,475
Other	22		3,194		4,774		7,990			37		11,776		13,060		24,873
Eliminations	—		—		—		(953		)	—		—		—		(2,771		)
Total	$	261,736	$	185,431	$	268,291	$	714,505		$	592,333	$	528,739	$	768,943	$	1,887,244