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Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Segment Information [Abstract]  
Revenue by segment
                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 

(Amounts in thousands)

  2012     2011     2012     2011  

Revenue

                               

Global Funds Transfer:

                               

Money transfer

  $ 282,262     $ 256,285     $ 550,753     $ 495,989  

Bill payment

    26,008       27,554       53,652       57,631  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Global Funds Transfer

    308,270       283,839       604,405       553,620  

Financial Paper Products:

                               

Money order

    14,518       15,623       29,408       31,353  

Official check

    7,001       10,016       13,779       18,182  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total Financial Paper Products

    21,519       25,639       43,187       49,535  

Other

    353       475       645       822  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenue

  $ 330,142     $ 309,953     $ 648,237     $ 603,977  
   

 

 

   

 

 

   

 

 

   

 

 

 
     
Operating income by segment
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 

(Amounts in thousands)

  2012     2011     2012     2011  

Segment operating income:

                               

Global Funds Transfer

  $ 38,626     $ 25,911     $ 71,908     $ 52,358  

Financial Paper Products

    8,080       9,344       17,070       17,724  

Other

    (488     (400     (1,057     (663
   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment operating income

    46,218       34,855       87,921       69,419  

Other unallocated expenses

    43,085       597       48,857       3,460  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total operating income

    3,133       34,258       39,064       65,959  

Net securities gains

    —         (32,816     —         (32,816

Interest expense

    17,637       22,873       35,520       43,486  

Other

    347       14,856       347       14,856  
   

 

 

   

 

 

   

 

 

   

 

 

 

(Loss) income before income taxes

  $ (14,851   $ 29,345     $ 3,197     $ 40,433  
   

 

 

   

 

 

   

 

 

   

 

 

 
Depreciation and amortization and capital expenditures by segment
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  

(Amounts in thousands)

  2012     2011     2012     2011  

Depreciation and amortization:

                               

Global Funds Transfer

  $ 9,416     $ 10,351     $ 19,166     $ 20,464  

Financial Paper Products

    897       1,504       1,812       3,049  

Other

    740       24       758       32  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total depreciation and amortization

  $ 11,053     $ 11,879     $ 21,736     $ 23,545  
   

 

 

   

 

 

   

 

 

   

 

 

 

Capital expenditures:

                               

Global Funds Transfer

  $ 10,416     $ 11,601     $ 19,953     $ 18,492  

Financial Paper Products

    1,292       2,611       3,325       3,485  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total capital expenditures

  $ 11,708     $ 14,212     $ 23,278     $ 21,977  
   

 

 

   

 

 

   

 

 

   

 

 

 
Assets by segment
                 
     
    June 30,     December 31,  

(Amounts in thousands)

  2012     2011  

Assets:

               

Global Funds Transfer

  $ 1,445,862     $ 1,247,355  

Financial Paper Products

    3,447,031       3,683,393  

Other

    292,169       244,830  
   

 

 

   

 

 

 

Total assets

  $ 5,185,062     $ 5,175,578  
   

 

 

   

 

 

 
Revenue By Geographical Area
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  

(Amounts in thousands)

  2012     2011     2012     2011  

United States

  $ 205,079     $ 192,205     $ 405,611     $ 380,103  

International

    125,063       117,748       242,626       223,874  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenue

  $ 330,142     $ 309,953     $ 648,237     $ 603,977