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Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

SEGMENT INFORMATION

Schedule of reportable segment results

The following tables present our reportable segment results for the three and nine months ended September 30, 2022 and 2021:

		For the Three Months Ended September 30, 2022
(in thousands)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	319,466			$	248,923			$	364,841			$	(1,964	)		$	931,266
Operating expenses:
Direct operating costs, exclusive of depreciation		137,812				190,091				200,171				(2,026		)		526,048
Salaries and benefits		30,020				19,756				69,703				14,992				134,471
Selling, general and administrative		12,167				8,506				46,256				2,579				69,508
Depreciation and amortization		23,071				1,436				8,169				105				32,781
Total operating expenses		203,070				219,789				324,299				15,650				762,808
Operating income (loss)		$	116,396			$	29,134			$	40,542			$	(17,614	)		$	168,458

		For the Three Months Ended September 30, 2021
(in thousands)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	227,129			$	238,319			$	353,451			$	(2,339	)		$	816,560
Operating expenses:
Direct operating costs, exclusive of depreciation		106,321				180,206				200,231				(2,320		)		484,438
Salaries and benefits		23,665				20,104				65,285				10,367				119,421
Selling, general and administrative		11,301				9,802				41,533				1,662				64,298
Depreciation and amortization		22,640				2,253				8,897				119				33,909
Total operating expenses		163,927				212,365				315,946				9,828				702,066
Operating income (loss)		$	63,202			$	25,954			$	37,505			$	(12,167	)		$	114,494

		For the Nine Months Ended September 30, 2022
(in thousands)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	714,067			$	712,467			$	1,072,266			$	(5,758	)		$	2,493,042
Operating expenses:
Direct operating costs, exclusive of depreciation		354,907				542,066				593,631				(5,741		)		1,484,863
Salaries and benefits		82,957				59,705				204,905				44,977				392,544
Selling, general and administrative		40,285				26,223				133,654				7,451				207,613
Depreciation and amortization		71,159				4,748				25,557				320				101,784
Total operating expenses		549,308				632,742				957,747				47,007				2,186,804
Operating income (loss)		$	164,759			$	79,725			$	114,519			$	(52,765	)		$	306,238

		For the Nine Months Ended September 30, 2021
(in thousands)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	427,687			$	724,540			$	1,037,659			$	(5,970	)		$	2,183,916
Operating expenses:
Direct operating costs		258,614				547,828				589,273				(5,945		)		1,389,770
Salaries and benefits		71,334				59,248				188,535				37,043				356,160
Selling, general and administrative		33,062				28,594				115,975				4,562				182,193
Depreciation and amortization		66,907				6,524				26,886				412				100,729
Total operating expenses		429,917				642,194				920,669				36,072				2,028,852
Operating income (loss)		$	(2,230)			$	82,346			$	116,990			$	(42,042	)		$	155,064

The following table presents our total assets by reportable segment:

	Total Assets as of
(in thousands)	September 30,  2022				December 31, 2021
EFT Processing	$	2,101,595			$	1,682,680
epay	760,088				1,234,074
Money Transfer	1,660,050				1,621,726
Corporate Services, Eliminations and Other	306,094				205,796
Total	$	4,827,827			$	4,744,276

Schedule of Company's revenues disaggregated by segment and region

		For the Three Months Ended September 30, 2022																For the Nine Months Ended September 30, 2022
(in thousands)		EFT Processing				epay				Money Transfer				Total					EFT Processing				epay				Money Transfer				Total
Europe		$	267,017			$	166,965			$	144,008			$	577,990			$	563,491			$	457,651			$	432,678			$	1,453,820
North America		17,241				32,934				180,796				230,971					51,044				98,538				519,185				668,767
Asia Pacific		34,070				36,853				26,960				97,883					96,821				118,636				80,669				296,126
Other		1,138				12,171				13,077				26,386					2,711				37,642				39,734				80,087
Eliminations		—				—				—				(1,964		)			—				—				—				(5,758	)
Total		$	319,466			$	248,923			$	364,841			$	931,266			$	714,067			$	712,467			$	1,072,266			$	2,493,042

		For the Three Months Ended September 30, 2021																For the Nine Months Ended September 30, 2021
(in thousands)		EFT Processing				epay				Money Transfer				Total					EFT Processing				epay				Money Transfer				Total
Europe		$	183,163			$	150,465			$	145,813			$	479,441			$	303,134			$	475,933			$	428,258			$	1,207,325
North America		16,341				35,876				169,473				221,690					46,010				104,318				492,099				642,427
Asia Pacific		27,381				39,303				24,588				91,272					78,110				111,998				79,581				269,689
Other		244				12,675				13,577				26,496					433				32,291				37,721				70,445
Eliminations		—				—				—				(2,339		)			—				—				—				(5,970	)
Total		$	227,129			$	238,319			$	353,451			$	816,560			$	427,687			$	724,540			$	1,037,659			$	2,183,916

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.

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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.

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