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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 23,893 $ 16,130
Adjustments to reconcile net income to net cash provided by (used in) operating activities-    
Depreciation 3,999 5,013
Amortization 13,204 12,164
Loss on debt extinguishment 0 453
(Gain) loss on unrealized foreign currency transactions and other, net (426) 522
Deferred income taxes 4,234 (2,067)
Stock-based compensation 6,822 8,404
Changes in operating assets and liabilities, net of acquired amounts:    
Trade accounts receivable, net (1,975) (4,838)
Other current and non-current assets and liabilities (9,526) (2,400)
Income taxes payable/receivable 1,816 4,529
Trade accounts payable and accrued liabilities (45,738) (33,074)
Deferred revenue 2,534 6,633
Net cash provided by (used in) operating activities (1,163) 11,469
Cash flows from investing activities:    
Purchases of software, property and equipment (1,742) (4,401)
Proceeds from sale of software, property, and equipment 0 152
Net cash used in investing activities (1,742) (4,249)
Cash flows from financing activities:    
Proceeds from issuance of common stock 0 769
Payments of cash dividends (18,537) (9,460)
Repurchases of common stock (3,967) (22,396)
Deferred acquisition payments 0 (314)
Proceeds from long-term debt 0 150,625
Payments on long-term debt 0 (150,625)
Payments of debt financing costs 0 (2,258)
Payments on financing obligations (2,206) (590)
Settlement and merchant reserve activity (21,386) (70,211)
Net cash used in financing activities (46,096) (104,460)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (4,178) 2,488
Net decrease in cash, cash equivalents, and restricted cash (53,179) (94,752)
Cash, cash equivalents and restricted cash, beginning of period 532,186 506,763
Cash, cash equivalents and restricted cash, end of period 479,007 412,011
Cash paid during the period for-    
Interest 9,919 10,181
Income taxes 2,282 2,964
Non-cash investing and financing activities-    
Software, property, and equipment included in current and non-current liabilities 9,040 11,526
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 147,324 136,024
Settlement and merchant reserve assets 329,913 274,228
Restricted cash included in non-current assets 1,770 1,759
Total cash, cash equivalents and restricted cash $ 479,007 $ 412,011