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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2023

SEGMENT INFORMATION

Schedule of reportable segment results

The following tables present the Company's reportable segment results for the three months and nine months ended September 30, 2023 and 2022:

		For the Three Months Ended September 30, 2023
(in millions)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	345.8			$	264.5			$	395.9			$	(2.2	)		$	1,004.0
Operating expenses:
Direct operating costs, exclusive of depreciation		165.7				201.3				211.9				(2.2		)		576.7
Salaries and benefits		35.2				23.4				77.6				17.4				153.6
Selling, general and administrative		16.2				9.7				45.7				2.3				73.9
Depreciation and amortization		23.9				1.8				7.0				0.1				32.8
Total operating expenses		241.0				236.2				342.2				17.6				837.0
Operating income (loss)		$	104.8			$	28.3			$	53.7			$	(19.8	)		$	167.0

		For the Three Months Ended September 30, 2022
(in millions)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	319.5			$	248.9			$	364.9			$	(2.0	)		$	931.3
Operating expenses:
Direct operating costs, exclusive of depreciation		137.8				190.1				200.1				(2.0		)		526.0
Salaries and benefits		30.0				19.8				69.6				15.0				134.4
Selling, general and administrative		12.2				8.5				46.3				2.6				69.6
Depreciation and amortization		23.1				1.4				8.2				0.1				32.8
Total operating expenses		203.1				219.8				324.2				15.7				762.8
Operating income (loss)		$	116.4			$	29.1			$	40.7			$	(17.7	)		$	168.5

		For the Nine Months Ended September 30, 2023
(in millions)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	820.4			$	765.7			$	1,150.1			$	(5.9	)		$	2,730.3
Operating expenses:
Direct operating costs, exclusive of depreciation		426.8				583.6				621.9				(5.9		)		1,626.4
Salaries and benefits		93.5				66.8				230.4				54.2				444.9
Selling, general and administrative		48.9				27.6				140.7				7.2				224.4
Depreciation and amortization		70.4				5.1				23.6				0.3				99.4
Total operating expenses		639.6				683.1				1,016.6				55.8				2,395.1
Operating income (loss)		$	180.8			$	82.6			$	133.5			$	(61.7	)		$	335.2

		For the Nine Months Ended September 30, 2022
(in millions)		EFT Processing				epay				Money Transfer				Corporate Services, Eliminations and Other				Consolidated
Total revenues		$	714.1			$	712.4			$	1,072.4			$	(5.8	)		$	2,493.1
Operating expenses:
Direct operating costs, exclusive of depreciation		354.9				542.1				593.6				(5.7		)		1,484.9
Salaries and benefits		82.9				59.8				204.9				44.9				392.5
Selling, general and administrative		40.3				26.2				133.6				7.5				207.6
Depreciation and amortization		71.1				4.7				25.7				0.3				101.8
Total operating expenses		549.2				632.8				957.8				47.0				2,186.8
Operating income (loss)		$	164.9			$	79.6			$	114.6			$	(52.8	)		$	306.3

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

	Total Assets as of
(in millions)	September 30, 2023				December 31, 2022
EFT Processing	$	2,296.9			$	2,150.7
epay	825.5				1,173.3
Money Transfer	1,714.4				1,795.8
Corporate Services, Eliminations and Other	326.1				283.8
Total	$	5,162.9			$	5,403.6

Schedule of Company's revenues disaggregated by segment and region

		Revenues for the Three Months Ended September 30, 2023																Revenues for the Nine Months Ended September 30, 2023
(in millions)		EFT Processing				epay				Money Transfer				Total					EFT Processing				epay				Money Transfer				Total
Europe		$	285.7			$	171.6			$	165.1			$	622.4			$	644.2			$	498.9			$	480.5			$	1,623.6
North America		18.6				45.2				187.4				251.2					53.9				125.6				539.8				719.3
Asia Pacific		39.4				33.9				27.2				100.5					116.7				101.1				81.7				299.5
Other		2.1				13.8				16.2				32.1					5.6				40.1				48.1				93.8
Eliminations		—				—				—				(2.2		)			—				—				—				(5.9	)
Total		$	345.8			$	264.5			$	395.9			$	1,004.0			$	820.4			$	765.7			$	1,150.1			$	2,730.3

		Revenues for the Three Months Ended September 30, 2022																Revenues for the Nine Months Ended September 30, 2022
(in millions)		EFT Processing				epay				Money Transfer				Total					EFT Processing				epay				Money Transfer				Total
Europe		$	267.0			$	167.0			$	144.0			$	578.0			$	563.5			$	457.7			$	432.7			$	1,453.9
North America		17.2				32.9				180.8				230.9					51.0				98.5				519.2				668.7
Asia Pacific		34.1				36.9				27.0				98.0					96.8				118.6				80.7				296.1
Other		1.2				12.1				13.1				26.4					2.8				37.6				39.8				80.2
Eliminations		—				—				—				(2.0		)			—				—				—				(5.8	)
Total		$	319.5			$	248.9			$	364.9			$	931.3			$	714.1			$	712.4			$	1,072.4			$	2,493.1

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- 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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