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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues:    
Operating revenues $ 439,277 $ 405,704
Interest income, net 12,711 10,676
Total operating revenues 451,988 416,380
Operating expenses:    
Sales and marketing expenses 62,375 75,212
Compensation and benefits expenses 66,824 68,781
Processing expenses 195,666 145,054
Other general and administrative expenses 116,569 76,338
Total operating expenses 441,434 365,385
Operating income 10,554 50,995
Interest expense, net 1,457 1,644
Other expense, net (1,810) (3,024)
Income before income taxes 7,287 46,327
Income tax expense 2,537 10,315
Net income $ 4,750 $ 36,012
Basic earnings per common share (in usd per share) $ 0.09 $ 0.70
Diluted earnings per common share (in usd per share) $ 0.09 $ 0.69
Basic weighted-average common shares issued and outstanding (in shares) 52,942 51,813
Diluted weighted-average common shares issued and outstanding (in shares) 53,270 52,021
Card revenues and other fees    
Operating revenues:    
Operating revenues $ 281,503 $ 239,866
Cash processing revenues    
Operating revenues:    
Operating revenues 106,806 101,823
Interchange revenues    
Operating revenues:    
Operating revenues $ 50,968 $ 64,015