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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 86,852 $ 66,246 $ 44,060
Adjustments to reconcile net income to net cash provided by operating activities-      
Depreciation 22,061 23,585 27,967
Amortization 50,447 47,667 48,984
Asset impairments 717 2,061 31,761
Gain on lease modifications (174) (4,349) 0
(Gain) loss on unrealized foreign currency transactions and other, net (525) 225 (85)
Loss on derivative liability upon debt conversion 0 0 7,456
Deferred income taxes (16,503) (23,560) (27,627)
Stock-based compensation 33,564 28,990 27,243
Changes in operating assets and liabilities, net of acquired amounts:      
Trade accounts receivable, net 4,134 (22,401) (51,005)
Other current and non-current assets and liabilities (13,042) (6,566) (12,833)
Income taxes payable/receivable 2,126 (1,849) 9,336
Trade accounts payable and accrued liabilities (38,486) 12,541 (36,971)
Deferred revenue 4,546 9,306 (4,689)
Net cash provided by operating activities 135,717 131,896 63,597
Cash flows from investing activities:      
Purchases of software, property and equipment (22,421) (27,977) (36,991)
Proceeds from sale/maturity of short-term investments 0 71 27,953
Business combinations, net of cash and settlement assets acquired of $46,432 in 2024 17,293 0 0
Net cash used in investing activities (5,128) (27,906) (9,038)
Cash flows from financing activities:      
Proceeds from issuance of common stock 3,072 3,284 2,969
Payments of cash dividends (26,608) (33,930) (33,475)
Repurchases of common stock (67,745) (127,065) (96,720)
Deferred acquisition payments (2,488) (3,220) (2,314)
Proceeds from long-term debt 15,000 470,000 290,000
Payments on long-term debt (22,500) (327,500) (264,801)
Purchase of capped call transactions related to convertible notes 0 (34,298) 0
Payments of deferred financing costs 0 (14,539) 0
Payments on financing obligations (2,538) 0 0
Settlement and merchant reserve activity 23,884 35,963 52,656
Net cash used in financing activities (79,923) (31,305) (51,685)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (7,779) 2,173 (5,758)
Net increase (decrease) in cash, cash equivalents, and restricted cash 42,887 74,858 (2,884)
Cash, cash equivalents and restricted cash, beginning of period 463,876 389,018 391,902
Cash, cash equivalents and restricted cash, end of period 506,763 463,876 389,018
Cash paid during the period for-      
Interest 27,119 24,730 18,314
Income taxes 39,944 51,675 34,671
Noncash Investing and Financing Items [Abstract]      
Software, property, and equipment included in current and noncurrent liabilities 8,469 0 0
Reconciliation of cash, cash equivalents and restricted cash:      
Cash and cash equivalents 161,789 186,264 150,365
Settlement and merchant reserve assets 343,235 274,699 238,653
Restricted cash included in current and non-current assets 1,739 2,913 0
Total cash, cash equivalents and restricted cash $ 506,763 $ 463,876 $ 389,018