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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2017
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2016
Revenues:        
Wire transfer and money order fees   $ 169,796 $ 232,380  
Foreign exchange   30,014 39,765  
Other income   1,229 1,756  
Total revenues   201,039 273,901  
Operating expenses:        
Service charges from agents and banks   135,569 182,471  
Salaries and benefits   23,417 32,926  
Other selling, general and administrative expenses   14,894 19,442  
Transaction costs   8,706 10,319  
Depreciation and amortization   16,645 15,671  
Total operating expenses   199,231 260,829  
Operating income (loss)   1,808 13,072  
Interest expense   11,448 18,448  
(Loss) income before income taxes   (9,640) (5,376)  
Income tax provision (benefit)   534 1,868  
Net (loss) income   (10,174) (7,244)  
Other comprehensive (loss) income   (2) 0  
Comprehensive (loss) income   $ (10,176) $ (7,244)  
Loss per common share:        
Basic and diluted (in dollars per share)   $ (0.59) $ (0.28)  
Weighted-average common shares outstanding:        
Basic and diluted (in shares)   17,227,682 25,484,386  
Predecessor Company [Member]        
Revenues:        
Wire transfer and money order fees $ 11,877     $ 138,468
Foreign exchange 2,450     25,782
Other income 98     1,145
Total revenues 14,425     165,395
Operating expenses:        
Service charges from agents and banks 9,441     108,076
Salaries and benefits 4,530     18,518
Other selling, general and administrative expenses 1,062     12,346
Transaction costs 3,917     901
Depreciation and amortization 382     2,530
Total operating expenses 19,332     142,371
Operating income (loss) (4,907)     23,024
Interest expense 614     9,540
(Loss) income before income taxes (5,521)     13,484
Income tax provision (benefit) (2,203)     4,084
Net (loss) income (3,318)     9,400
Other comprehensive (loss) income (3)     110
Comprehensive (loss) income $ (3,321)     $ 9,510