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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenue $ 2,192,260 $ 2,238,010 $ 2,022,197
Total cost of revenue (1,029,577) (1,032,116) (884,270)
Gross profit 1,162,683 1,205,894 1,137,927
Selling, general and administrative expense (956,068) (993,250) (941,023)
Restructuring and integration expense (78,245) (62,529) (54,750)
Gain on sale of businesses and long-lived assets 32,421 19,331 0
Operating income 160,791 169,446 142,154
Interest expense (125,643) (94,454) (55,554)
Other income, net 4,651 9,386 7,203
Income before income taxes 39,799 84,378 93,803
Income tax provision (13,572) (18,848) (31,031)
Net income 26,227 65,530 62,772
Net income attributable to non-controlling interest (107) (135) (139)
Net income attributable to Deluxe $ 26,120 $ 65,395 $ 62,633
Basic earnings per share $ 0.60 $ 1.52 $ 1.48
Diluted earnings per share $ 0.59 $ 1.50 $ 1.45
Product [Member]      
Total revenue $ 1,257,600 $ 1,286,197 $ 1,244,529
Total cost of revenue (486,029) (470,237) (450,880)
Service [Member]      
Total revenue 934,660 951,813 777,668
Total cost of revenue $ (543,548) $ (561,879) $ (433,390)