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Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Reportable Segments

The following tables present financial information for each of our reportable segments for the periods then ended:

									Three Months Ended March 31,
															2023						2022
Segment Revenue															(In thousands)
Consumer Services															$	139,833					$	158,757
B2B Services															171,292						133,900
Money Movement Services															98,241						97,316
Corporate and Other															2,997						4,705
Total segment revenues															412,363						394,678
BaaS commissions and processing expenses															4,760						6,512
Other income															(743)						(573)
Total operating revenues															$	416,380					$	400,617

Segment revenue adjustments represent commissions and certain processing-related costs associated with our BaaS products and services, which are netted against our B2B Services revenues when evaluating segment performance, as well as certain other investment income earned by our bank, which is included in Corporate and Other.

									Three Months Ended March 31,
															2023						2022
Segment Profit															(In thousands)
Consumer Services															$	52,752					$	54,288
B2B Services															22,219						22,264
Money Movement Services															61,026						61,460
Corporate and Other															(53,454)						(47,686)
Total segment profit															82,543						90,326
Reconciliation to income before income taxes
Depreciation and amortization of property, equipment and internal-use software															13,701						13,804
Stock based compensation and related employer taxes															9,549						15,169
Amortization of acquired intangible assets															5,664						6,517
Impairment charges															—						2,263
Legal settlement expenses															100						(426)
Other expense															2,534						1,407
Operating income															50,995						51,592
Interest expense, net															1,644						87
Other expense, net															(3,024)						(770)
Income before income taxes															$	46,327					$	50,735

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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