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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenues:        
Card revenues and other fees $ 120,783 $ 107,340 $ 250,843 $ 208,309
Processing and settlement service revenues 60,618 51,675 160,858 142,350
Interchange revenues 76,948 63,533 161,646 124,890
Total operating revenues 258,349 222,548 573,347 475,549
Operating expenses:        
Sales and marketing expenses 82,478 70,144 174,446 141,829
Compensation and benefits expenses 54,478 50,866 108,985 92,084
Processing expenses 46,363 44,754 94,788 85,696
Other general and administrative expenses 47,849 36,593 91,567 74,373
Total operating expenses 231,168 202,357 469,786 393,982
Operating income 27,181 20,191 103,561 81,567
Interest income 5,789 2,323 11,389 5,177
Interest expense (1,626) (1,533) (3,142) (3,198)
Income before income taxes 31,344 20,981 111,808 83,546
Income tax expense 1,517 1,715 11,950 23,526
Net income $ 29,827 $ 19,266 $ 99,858 $ 60,020
Basic earnings per common share (in dollars per share) $ 0.57 $ 0.39 $ 1.93 $ 1.19
Diluted earnings per common share (in dollars per share) $ 0.55 $ 0.37 $ 1.84 $ 1.14
Basic weighted-average common shares issued and outstanding (shares) 52,105 50,013 51,774 50,234
Diluted weighted-average common shares issued and outstanding (shares) 54,390 52,452 54,301 52,577