QUARTERLY FINANCIAL DATA (Unaudited)

12 Months Ended

Dec. 31, 2021

Quarterly Financial Data [Abstract]

QUARTERLY FINANCIAL DATA (Unaudited)

During the second quarter of 2021, we identified errors in the calculation of goodwill impairment charges recorded during the first quarter of 2020. We have corrected the errors by revising the consolidated financial statements presented herein. Further information regarding the revision can be found in Note 1. Revised quarterly financial data for 2020 is as follows:

	2020 Quarter Ended
(in thousands, except per share amounts)	March 31		June 30		September 30		December 31
Total revenue	$	486,423	$	410,405	$	439,461	$	454,492
Gross profit	284,374		248,122		265,000		262,514
Net (loss) income attributable to Deluxe	(63,695)		14,859		29,417		24,663
(Loss) earnings per share:
Basic	(1.52)		0.36		0.70		0.59
Diluted	(1.53)		0.35		0.70		0.58
Cash dividends per share	0.30		0.30		0.30		0.30

Significant items affecting our fourth quarter results were as follows:

	Quarter Ended December 31,
(in thousands)		2021		2020
Restructuring and integration expense		$	17,862	$	21,551
Discrete income tax expense (benefit)(1)		4,186		(837)

(1) The fourth quarter 2021 amount relates primarily to withholding taxes due on the repatriation of cash from our Canadian subsidiaries (Note 10).