XML 57 R44.htm IDEA: XBRL DOCUMENT v3.22.4
Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Business Segment Information [Abstract]  
Schedule of reportable segment results

 

 

For the Year Ended December 31, 2022

(in thousands)

 

EFT Processing

 

epay

 

Money Transfer

 

Corporate Services, Eliminations and Other

 

Consolidated

Total revenues

 

$

924,208

 

 

$

998,009

 

 

$

1,444,304

 

 

$

(7,780

)

 

$

3,358,741

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating costs

 

475,785

 

 

753,149

 

 

796,951

 

 

(7,758

)

 

2,018,127

 

Salaries and benefits

 

111,997

 

 

81,680

 

 

277,012

 

 

63,549

 

 

534,238

 

Selling, general and administrative

 

57,049

 

 

36,006

 

 

182,360

 

 

9,758

 

 

285,173

 

Depreciation and amortization

 

95,486

 

 

6,224

 

 

33,727

 

 

427

 

 

135,864

 

Total operating expenses

 

740,317

 

 

877,059

 

 

1,290,050

 

 

65,976

 

 

2,973,402

 

Operating income (expense)

 

$

183,891

 

$

120,950

 

 

$

154,254

 

 

$

(73,756

)

 

$

385,339

 

Other income (expense)

 

 

 

 

 

 

 

 

 

 

Interest income

 

 

 

 

 

 

 

 

 

2,066

 

Interest expense

 

 

 

 

 

 

 

 

 

(37,585

)

Foreign currency exchange loss, net

 

 

 

 

 

 

 

 

 

(28,175

)

Other gains, net

 

 

 

 

 

 

 

 

 

950

Total other expense, net

 

 

 

 

 

 

 

 

 

(62,744

)

Income before income taxes

 

 

 

 

 

 

 

 

 

$

322,595

 

Segment assets as of December 31, 2022

 

$

2,150,685

 

 

$

1,173,330

 

 

$

1,795,799

 

 

$

283,819

 

 

$

5,403,633

 

 

 

For the Year Ended December 31, 2021

(in thousands)

 

EFT Processing

 

epay

 

Money Transfer

 

Corporate Services, Eliminations and Other

 

Consolidated

Total revenues

 

$

591,138

 

 

$

1,011,482

 

 

$

1,400,957

 

 

$

(8,134

)

 

$

2,995,443

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating costs

 

354,254

 

 

760,891

 

 

793,218

 

 

(8,096

)

 

1,900,267

 

Acquired contract cost impairment




38,634



38,634

Salaries and benefits

 

98,584

 

 

79,451

 

 

255,816

 

 

50,988

 

 

484,839

 

Selling, general and administrative

 

47,832

 

 

39,602

 

 

157,955

 

 

6,544

 

 

251,933

 

Depreciation and amortization

 

90,969

 

 

8,501

 

 

35,739

 

 

545

 

 

135,754

 

Total operating expenses

 

591,639

 

 

888,445

 

 

1,281,362

 

 

49,981

 

 

2,811,427

 

Operating income (expense)

 

$

(501

)

 

$

123,037

 

 

$

119,595

 

 

$

(58,115

)

 

$

184,016

 

Other income (expense)

 

 

 

 

 

 

 

 

 

 

Interest income

 

 

 

 

 

 

 

 

 

664

 

Interest expense

 

 

 

 

 

 

 

 

 

(38,198

)

Foreign currency exchange gain, net

 

 

 

 

 

 

 

 

 

(10,866

)

Other gains, net

 

 

 

 

 

 

 

 

 

59

Total other expense, net

 

 

 

 

 

 

 

 

 

(48,341

)

Income before income taxes

 

 

 

 

 

 

 

 

 

$

135,675

 

Segment assets as of December 31, 2021

 

$

1,682,680

 

 

$

1,234,074

 

 

$

1,621,726

 

 

$

205,796

 

 

$

4,744,276

 

 

 

For the Year Ended December 31, 2020

(in thousands)

 

EFT Processing

 

epay

 

Money Transfer

 

Corporate Services, Eliminations and Other

 

Consolidated

Total revenues

 

$

468,726

 

 

$

835,517

 

 

$

1,183,849

 

 

$

(5,392

)

 

$

2,482,700

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Direct operating costs

 

302,637

 

 

630,391

 

 

649,033

 

 

(5,362

)

 

1,576,699

 

Salaries and benefits

 

91,526

 

 

64,769

 

 

213,511

 

 

34,336

 

 

404,142

 

Selling, general and administrative

 

35,388

 

 

35,789

 

 

142,161

 

 

8,276

 

 

221,614

 

Goodwill and acquired intangible assets impairment
21,861



84,741



106,602

Depreciation and amortization

 

84,025

 

 

7,890

 

 

34,694

 

 

412

 

 

127,021

 

Total operating expenses

 

535,437

 

 

738,839

 

 

1,124,140

 

 

37,662

 

 

2,436,078

 

Operating income (expense)

 

$

(66,711

)

 

$

96,678

 

 

$

59,709

 

 

$

(43,054

)

 

$

46,622

 

Other income (expense)

 

 

 

 

 

 

 

 

 

 

Interest income

 

 

 

 

 

 

 

 

 

1,040

 

Interest expense

 

 

 

 

 

 

 

 

 

(36,604

)

Foreign currency exchange loss, net

 

 

 

 

 

 

 

 

 

(3,756

)

Other gains, net

 

 

 

 

 

 

 

 

 

869

 

Total other expense, net

 

 

 

 

 

 

 

 

 

(38,451

)

Income before income taxes

 

 

 

 

 

 

 

 

 

$

8,171

 

Segment assets as of December 31, 2020

 

$

1,541,610

 

 

$

1,135,204

 

 

$

1,755,651

 

 

$

494,246

 

 

$

4,926,711

 

Schedule of total revenues, property and equipment and total assets

 

 

Revenues

 


Property and Equipment, net

 

Total Assets

 

 

For the year ended December 31,

 

as of December 31,

 

as of December 31,

(in thousands)

 

2022

 

2021

 

2020

 

2022

 

2021

 

2022

 

2021

United States

 

$

830,846

 

 

$

805,028

 

 

$

725,135

 

 

$

59,925

 

 

$

59,469

 

 

$

1,051,433

 

 

$

1,040,190

 

Germany

 

644,488

 

 

631,550

 

 

533,999

 

 

30,222

 

 

32,126

 

 

772,575

 

 

901,724

 

Spain

 

211,658

 

 

157,766

 

 

118,934

 

 

46,392

 

 

50,321

 

 

322,652

 

 

317,199

 

United Kingdom

 

144,737

 

 

143,914

 

 

118,024

 

 

10,453

 

 

13,783

 

 

403,874

 

 

371,090

 

Italy

 

160,676

 

 

130,095

 

 

92,006

 

 

16,670

 

 

18,279

 

 

207,744

 

 

207,347

 

Poland

 

98,069

 

 

93,654

 

 

89,688

 

 

23,013

 

 

24,091

 

 

220,686

 

 

201,506

 

India

 

188,539

 

 

173,154

 

 

123,343

 

 

30,476

 

 

32,705

 

 

241,630

 

 

206,378

 

France

 

173,825

 

 

166,655

 

 

119,265

 

 

8,514

 

 

7,038

 

 

140,396

 

 

134,981

 

Greece

 

160,971

 

 

61,627

 

 

39,705

 

 

18,032

 

 

10,815

 

 

597,206

 

 

80,778

 

Malaysia

 

47,597

 

 

50,039

 

 

73,541

 

 

2,167

 

 

1,998

 

 

77,569

 

 

91,813

 

Australia

 

42,424

 

 

46,851

 

 

46,062

 

 

2,880

 

 

2,791

 

 

58,400

 

 

56,275

 

New Zealand

 

61,550

 

 

56,480

 

 

47,368

 

 

3,537

 

 

3,949

 

 

234,836

 

 

231,468

 

Netherlands
54,634

49,442

39,630

5,302

6,280

196,667

217,521

Canada


66,439

46,851

49,487

744

847

106,419

103,056
Brazil
51,367

44,304

28,473

258

268

46,695

34,115

Other

 

420,921

 

 

338,033

 

 

238,040

 

 

78,016

 

 

80,621

 

 

724,851

 

 

548,835

 

Total foreign

 

2,527,895

 

 

2,190,415

 

 

1,757,565

 

 

276,676

 

 

285,912

 

 

4,352,200

 

 

3,704,086

 

Total

 

$

3,358,741

 

 

$

2,995,443

 

 

$

2,482,700

 

 

$

336,601

 

 

$

345,381

 

 

$

5,403,633

 

 

$

4,744,276