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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues $ 714,505 $ 637,834 $ 1,887,244 $ 1,647,777
Operating expenses:        
Direct operating costs 388,236 364,815 1,093,072 978,768
Salaries and benefits 93,108 82,134 270,537 232,617
Selling, general and administrative 55,787 49,279 158,156 139,708
Intangible assets impairment 0 0 0 2,286
Depreciation and amortization 26,461 24,705 78,726 69,520
Total operating expenses 563,592 520,933 1,600,491 1,422,899
Operating income 150,913 116,901 286,753 224,878
Other income (expense):        
Interest income 288 380 1,000 2,009
Interest expense (11,269) (9,534) (28,936) (25,058)
Loss from unconsolidated affiliates 0 0 (117) 0
Foreign currency exchange (loss) gain, net (2,704) 8,179 (21,459) 21,035
Other gains (34) 0 26 35
Other (expense) income, net (13,719) (975) (49,486) (1,979)
Income before income taxes 137,194 115,926 237,267 222,899
Income tax expense (34,937) (15,573) (65,031) (43,130)
Net income 102,257 100,353 172,236 179,769
Net loss attributable to noncontrolling interests 466 (63) 623 9
Net income attributable to Euronet Worldwide, Inc. $ 102,723 $ 100,290 $ 172,859 $ 179,778
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - basic $ 2.01 $ 1.91 $ 3.36 $ 3.43
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - diluted $ 1.89 $ 1.80 $ 3.17 $ 3.23
Weighted average number of shares outstanding - basic 51,182,502 52,590,837 51,436,228 52,463,511
Weighted average number of shares outstanding - diluted 54,263,892 55,784,485 54,521,262 55,582,583