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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total revenue $ 571,686 $ 562,953 $ 1,117,051 $ 1,118,968
Total cost of revenue (269,947) (264,112) (520,609) (513,306)
Gross profit 301,739 298,841 596,442 605,662
Selling, general and administrative expense (245,359) (249,626) (492,989) (509,325)
Restructuring and integration expense (24,191) (15,182) (37,132) (31,426)
Gain on sale of businesses and facility 21,942 17,527 21,942 17,527
Operating income 54,131 51,560 88,263 82,438
Interest expense (31,932) (21,349) (61,948) (41,672)
Other income 824 2,414 3,247 4,417
Income before income taxes 23,023 32,625 29,562 45,183
Income tax provision (6,622) (10,528) (10,381) (13,407)
Net income 16,401 22,097 19,181 31,776
Net income attributable to non-controlling interest (26) (35) (54) (71)
Net income attributable to Deluxe 16,375 22,062 19,127 31,705
Total comprehensive income 25,517 26,168 25,554 38,314
Comprehensive income attributable to Deluxe $ 25,491 $ 26,133 $ 25,500 $ 38,243
Basic earnings per share $ 0.38 $ 0.51 $ 0.44 $ 0.74
Diluted earnings per share $ 0.37 $ 0.50 $ 0.44 $ 0.72
Product [Member]        
Total revenue $ 323,805 $ 322,109 $ 634,031 $ 639,412
Total cost of revenue (125,453) (117,519) (243,888) (231,879)
Service [Member]        
Total revenue 247,881 240,844 483,020 479,556
Total cost of revenue $ (144,494) $ (146,593) $ (276,721) $ (281,427)