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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 48,880 $ 52,384
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation 14,533 16,724
Amortization 39,874 37,467
Loss on debt extinguishment 453 0
Asset impairments 94  
Loss on unrealized foreign currency transactions, net 547 225
Deferred income taxes (9,093) (189)
Stock-based compensation 25,654 25,023
Changes in operating assets and liabilities, net of acquired amounts:    
Trade accounts receivable, net (9,132) (7,873)
Other current and non-current assets and liabilities (14,001) (12,771)
Income taxes payable/receivable (11,946) (16,194)
Trade accounts payable and accrued liabilities 7,639 (48,658)
Deferred revenue 3,236 7,075
Net cash provided by operating activities 96,738 53,213
Cash flows from investing activities:    
Purchases of software, property and equipment (11,154) (16,528)
Receipts from sale of software, property, and equipment 327 0
Business combinations, net of cash and settlement assets acquired of zero and $46,432 0 17,293
Net cash provided by (used in)investing activities (10,827) 765
Cash flows from financing activities:    
Proceeds from issuance of common stock 2,245 2,416
Payments of cash dividends (27,415) (26,598)
Repurchases of common stock (58,525) (42,439)
Deferred acquisition payments (314) (2,488)
Proceeds from long-term debt 150,625 15,000
Payments on long-term debt (151,250) (20,625)
Payments of debt financing costs (2,258) 0
Payments on financing obligations (5,513) (2,191)
Settlement and merchant reserve activity (43,671) (79,606)
Net cash used in financing activities (136,076) (156,531)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash 5,113 (337)
Net decrease in cash, cash equivalents, and restricted cash (45,052) (102,890)
Cash, cash equivalents and restricted cash, beginning of period 506,763 463,876
Cash, cash equivalents and restricted cash, end of period 461,711 360,986
Cash paid during the period for-    
Interest 23,243 24,592
Income taxes 39,998 35,292
Non-cash investing and financing activities:    
Software, property, and equipment included in current and non-current liabilities 11,868 9,830
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 158,385 118,444
Settlement and merchant reserve assets 301,545 240,755
Restricted cash included in current and non-current assets 1,781 1,787
Total cash, cash equivalents and restricted cash $ 461,711 $ 360,986