XML 45 R31.htm IDEA: XBRL DOCUMENT v3.19.2
SEGMENT INFORMATION - (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment
Information on reportable segments and reconciliations to consolidated revenue, consolidated income from operations, and consolidated depreciation and amortization are as follows for the periods presented:

 
Quarter Ended June 30,
 
Six Months Ended June 30,
(in thousands)
2019
 
2018
 
2019
 
2018
Revenue:
 
 
 
 
 
 
 
Consumer Payments
$
92,249

 
$
97,732

 
$
182,071

 
$
206,713

Commercial Payments
7,099

 
6,883

 
14,075

 
13,498

Integrated Partners
8,077

 
147

 
11,256

 
147

Consolidated Revenue
$
107,425

 
$
104,762

 
$
207,402

 
$
220,358

 
 
 
 
 
 
 
 
Income (loss) from operations:
 
 
 
 
 
 
 
Consumer Payments
$
7,363

 
$
10,346

 
$
15,082

 
$
25,561

Commercial Payments
(282
)
 
(377
)
 
(733
)
 
(704
)
Integrated Partners
572

 
(202
)
 
339

 
(202
)
Corporate
(5,217
)
 
(6,562
)
 
(11,286
)
 
(13,572
)
Consolidated income from operations
$
2,436

 
$
3,205

 
$
3,402

 
$
11,083

 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
Consumer Payments
$
8,105

 
$
3,646

 
$
15,913

 
$
7,082

Commercial Payments
81

 
144

 
179

 
284

Integrated Partners
1,096

 
—

 
1,787

 
—

Corporate
479

 
223

 
807

 
414

Consolidated depreciation and amortization
$
9,761

 
$
4,013

 
$
18,686

 
$
7,780
Reconciliation of Revenue from Segments to Consolidated
A reconciliation of total income from operations of reportable segments to the Company's net loss is provided in the following table:

(in thousands)
 
Quarter Ended June 30,
 
Six Months Ended June 30
 
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
Total income from operations of reportable segments
 
$
7,653

 
$
9,767

 
$
14,688

 
$
24,655

Corporate
 
(5,217
)
 
(6,562
)
 
(11,286
)
 
(13,572
)
Interest expense
 
(10,776
)
 
(7,630
)
 
(20,139
)
 
(14,559
)
Plus (less) other, net
 
138

 
(1,203
)
 
365

 
(5,329
)
Income tax expense
 
(5,928
)
 
—

 
(4,204
)
 
—

     Net loss
 
$
(14,130
)
 
$
(5,628
)
 
$
(20,576
)
 
$
(8,805
)