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Revenues | 9 Months Ended
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Sep. 30, 2019
Revenue from Contract with Customer [Abstract] |
Revenues | Revenues Disaggregation of Revenues Our products and services are offered only to customers within the United States. We determine our operating segments based on how our chief operating decision maker manages our operations, makes operating decisions and evaluates operating performance. Within our segments, we believe that the nature, amount, timing and uncertainty of our revenue and cash flows and how they are affected by economic factors can be further illustrated based on the timing in which revenue for each of our products and services is recognized. The following table disaggregates our revenues by the timing in which the revenue is recognized:
| Three Months Ended September 30, 2019 |  | Three Months Ended September 30, 2018
| Account Services |  | Processing and Settlement Services |  | Account Services |  | Processing and Settlement Services
Timing of revenue recognition | (In thousands)
Transferred at a point in time | $ | 114,418 |  |  | $ | 54,616 |  |  | $ | 120,427 |  |  | $ | 43,040 |
Transferred over time | 63,880 |  |  | 1,017 |  |  | 66,196 |  |  | 914 |
Operating revenues (1) | $ | 178,298 |  |  | $ | 55,633 |  |  | $ | 186,623 |  |  | $ | 43,954 |
| Nine Months Ended September 30, 2019 |  | Nine Months Ended September 30, 2018
| Account Services |  | Processing and Settlement Services |  | Account Services |  | Processing and Settlement Services
Timing of revenue recognition | (In thousands)
Transferred at a point in time | $ | 378,492 |  |  | $ | 229,263 |  |  | $ | 381,738 |  |  | $ | 203,888 |
Transferred over time | 221,211 |  |  | 4,682 |  |  | 215,612 |  |  | 2,686 |
Operating revenues (1) | $ | 599,703 |  |  | $ | 233,945 |  |  | $ | 597,350 |  |  | $ | 206,574 |
(1) | Excludes net interest income, a component of total operating revenues, as it remains outside the scope of ASC 606, Revenues
Within our Account Services segment, revenues recognized at a point in time are comprised of ATM fees, interchange, and other similar transaction-based fees. Revenues recognized over time consists of new card fees, monthly maintenance fees and revenue earned from gift cards. Substantially all of our processing and settlement services are recognized at a point in time. Refer to Note 18 — Segment Informatio n for our revenues disaggregated by our products and services and the components to our total operating revenues on our Consolidated Statements of Operations for additional information. Contract Balances As disclosed on our Consolidated Balance Sheets, we record deferred revenue for any upfront payments received in advance of our performance obligations being satisfied. These contract liabilities consist principally of unearned new card fees and monthly maintenance fees. We recognized approximately $0.2 million and $0.1 million in revenue during the three months ended September 30, 2019 and 2018, respectively, and $31.6 million and $28.5 million in revenue for the nine months ended September 30, 2019 and 2018, respectively, that were included in deferred revenue at the beginning of the periods and did not recognize any revenue during these periods from performance obligations satisfied in previous periods. Changes in the deferred revenue balance are driven primarily by the amount of new card fees recognized during the period, and the degree to which these reductions to the deferred revenue balance are offset by the deferral of new card fees associated with cards sold during the period.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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