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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Total revenues $ 431,679 $ 381,876
Cost of services    
Processing costs 104,917 91,119
Service fees 13,754 14,246
Provision for credit losses 33,987 17,791
Operating interest 8,385 9,564
Depreciation and amortization 24,789 20,513
Total cost of services 185,832 153,233
General and administrative 62,036 64,405
Sales and marketing 68,782 64,119
Depreciation and amortization 40,200 31,184
Operating income 74,829 68,935
Financing interest expense (32,031) (31,112)
Net foreign currency loss (28,727) (3,885)
Net unrealized loss on financial instruments (32,047) (11,912)
(Loss) income before income taxes (17,976) 22,026
Income tax (benefit) provision (5,707) 5,818
Net (loss) income (12,269) 16,208
Less: Net income from non-controlling interests 1,363 74
Net (loss) income attributable to WEX Inc. (13,632) 16,134
Accretion of non-controlling interest 2,624 0
Net (loss) income attributable to shareholders $ (16,256) $ 16,134
Net (loss) income attributable to shareholders per share:    
Basic (in dollars per share) $ (0.37) $ 0.37
Diluted (in dollars per share) $ (0.37) $ 0.37
Weighted average common shares outstanding:    
Basic (in shares) 43,416 43,220
Diluted (in shares) 43,416 43,572
Payment processing revenue    
Revenues    
Total revenues $ 204,037 $ 186,798
Account servicing revenue    
Revenues    
Total revenues 113,840 87,086
Finance fee revenue    
Revenues    
Total revenues 55,927 46,373
Other revenue    
Revenues    
Total revenues $ 57,875 $ 61,619