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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Revenues $ 85,334 $ 72,508 $ 236,359 $ 198,844
Operating expenses:        
Service charges from agents and banks 56,319 48,305 156,510 132,565
Salaries and benefits 7,612 10,959 22,806 24,633
Other selling, general and administrative expenses 9,788 5,207 20,850 13,390
Transaction costs 0 6,305 0 10,319
Depreciation and amortization 3,179 4,142 9,486 11,750
Total operating expenses 76,898 74,918 209,652 192,657
Operating income (loss) 8,436 (2,410) 26,707 6,187
Interest expense 2,145 3,434 6,503 10,110
Income (loss) before income taxes 6,291 (5,844) 20,204 (3,923)
Income tax provision 2,253 7,569 5,936 8,186
Net income (loss) 4,038 (13,413) 14,268 (12,109)
Other comprehensive (loss) income (9) 22 34 7
Comprehensive income (loss) $ 4,029 $ (13,391) $ 14,302 $ (12,102)
Income (loss) per common share:        
Basic and diluted (in dollars per share) $ 0.11 $ (0.43) $ 0.38 $ (0.55)
Weighted-average common shares outstanding:        
Basic (in shares) 37,984,316 30,975,338 37,230,831 21,827,082
Diluted (in shares) 38,286,702 30,975,338 37,365,371 21,827,082
Wire Transfer and Money Order Fees, Net [Member]        
Revenues:        
Revenues $ 72,468 $ 61,332 $ 201,410 $ 168,554
Foreign Exchange Gain [Member]        
Revenues:        
Revenues 12,272 10,697 33,297 29,013
Other Income [Member]        
Revenues:        
Revenues $ 594 $ 479 $ 1,652 $ 1,277