Description of Business and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Description of Business and Summary of Significant Accounting Policies

Summary of settlement processing assets and liabilities

	June 30,		December 31,
	2018		2017
	(In thousands)
Settlement processing assets:
Receivable from card networks	$	311,900	$	342,803
Receivable from merchants		118,023		96,466
Totals	$	429,923	$	439,269
Settlement processing obligations:
Settlement liabilities	$	(359,242)	$	(372,642)
Merchant reserves		(107,535)		(111,876)
Totals	$	(466,777)	$	(484,518)

Summary of revenue

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(In thousands)				(In thousands)
Processing and other revenue	$	480,268	$	437,823	$	921,004	$	827,372
Interchange and card network fees		(281,195)		(257,149)		(537,504)		(482,683)
Subtotal		199,073		180,674		383,500		344,689
Commissions		(41,641)		(39,904)		(80,640)		(78,810)
Card network processing costs and other		(16,541)		(16,871)		(33,687)		(32,360)
Revenue	$	140,891	$	123,899	$	269,173	$	233,519