SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Segment Reporting Information, by Segment

The table below provides information about the Company's measure of segment performance and significant expense categories:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Revenues:
Wire transfer and money order fees, net	$	127,795	$	144,600	$	380,932	$	417,358
Foreign exchange gain, net	22,278		23,954		66,140		67,100
Other income	4,848		3,393		13,292		9,432
Total revenues	154,921		171,947		460,364		493,890

Less:
Agent commissions	64,912		72,797		193,460		211,121
Payer commissions	24,206		28,024		73,261		81,867
Bank charges and fees	6,532		6,888		20,010		19,843
Salaries and benefits	19,701		17,238		56,514		52,237
Other segment items (1)	17,118		14,051		45,425		40,666
Provision for credit losses	2,154		1,665		6,078		5,036
Restructuring costs	—		27		306		2,738
Transaction costs	5,353		50		8,746		86
Depreciation and amortization	4,410		3,382		12,493		9,981
Total operating expenses	144,386		144,122		416,293		423,575

Operating income	10,535		27,825		44,071		70,315

Interest expense	2,981		3,200		8,774		8,997

Income before income taxes	7,554		24,625		35,297		61,318

Income tax provision	2,591		7,328		11,558		17,882

Net income	$	4,963	$	17,297	$	23,739	$	43,436

(1) Other segment items included in segment net income is primarily composed of other selling, general and administrative expenses, transaction processing costs, and other overhead expenses.