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Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of reportable segment results

The following tables present the Company’s reportable segment results for the three months ended March 31, 2021 and 2020:

		For the Three Months Ended March 31, 2021
(in thousands)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	87,076			$	242,303			$	324,900			$	(1,609	)		$	652,670
Operating expenses:
Direct operating costs		69,612				182,633				183,878				(1,607		)		434,516
Salaries and benefits		23,571				19,369				60,540				12,188				115,668
Selling, general and administrative		11,962				9,020				36,116				1,678				58,776
Depreciation and amortization		22,027				2,124				8,963				147				33,261
Total operating expenses		127,172				213,146				289,497				12,406				642,221
Operating (loss) income		$	(40,096	)		$	29,157			$	35,403			$	(14,015	)		$	10,449

		For the Three Months Ended March 31, 2020
(in thousands)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	145,825			$	172,911			$	266,234			$	(1,063	)		$	583,907
Operating expenses:
Direct operating costs		87,536				130,074				142,909				(1,063		)		359,456
Salaries and benefits		22,091				15,697				53,864				9,588				101,240
Selling, general and administrative		10,941				8,838				38,582				2,432				60,793
Depreciation and amortization		20,322				1,844				8,571				79				30,816
Total operating expenses		140,890				156,453				243,926				11,036				552,305
Operating income (expense)		$	4,935			$	16,458			$	22,308			$	(12,099	)		$	31,602

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

	Total Assets as of
(in thousands)	March 31, 2021				December 31, 2020
EFT Processing	$	1,400,396			$	1,541,610
epay	915,875				1,135,204
Money Transfer	1,764,127				1,755,651
Corporate Services, Eliminations and Other	270,436				494,246
Total	$	4,350,834			$	4,926,711

Schedule of Company's revenues disaggregated by segment and region

		For the Three Months Ended March 31, 2021																For the Three Months Ended March 31, 2020
(in thousands)		EFT Processing				epay				Money Transfer				Total					EFT Processing				epay				Money Transfer				Total
Europe		$	46,862			$	164,908			$	132,839			$	344,609			$	99,474			$	115,277			$	91,058			$	305,809
North America		14,466				33,841				152,302				200,609					15,019				33,852				137,895				186,766
Asia Pacific		25,694				34,318				28,469				88,481					31,328				19,274				30,848				81,450
Other		54				9,236				11,290				20,580					4				4,508				6,433				10,945
Eliminations		—				—				—				(1,609		)			—				—				—				(1,063)
Total		$	87,076			$	242,303			$	324,900			$	652,670			$	145,825			$	172,911			$	266,234			$	583,907

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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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.

+ References

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