XML 58 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Reporting and Major Customers - Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Segment Reporting        
Share-based compensation $ 8,407 $ 13,069 $ 28,462 $ 33,792
Operating income 199,692 155,327 560,123 442,835
Nonoperating expenses, net (28,835) (30,368) (88,780) (82,225)
Income before income taxes and equity in income of equity investments 170,857 124,959 471,343 360,610
Net revenue 852,759 789,588 2,529,719 2,256,169
Add: reimbursable items, interchange and assessment expenses 394,817 357,300 1,124,957 781,684
Total revenues 1,247,576 1,146,888 3,654,676 3,037,853
Issuer Solutions        
Segment Reporting        
Total revenues 442,230 420,918 1,297,478 1,260,231
Merchant Solutions        
Segment Reporting        
Total revenues 625,858 571,220 1,798,015 1,276,733
Netspend        
Segment Reporting        
Total revenues 179,488 154,750 559,183 500,889
Operating Segments        
Segment Reporting        
Adjusted operating income 260,033 223,567 757,541 637,283
Income before income taxes and equity in income of equity investments 170,857 124,959 471,343 360,610
Net revenue $ 862,811 $ 796,988 $ 2,562,506 $ 2,282,550
Operating margin on net revenue 30.50% 28.30% 29.90% 28.20%
Operating Segments | Issuer Solutions        
Segment Reporting        
Adjusted operating income $ 147,758 $ 128,949 $ 428,909 $ 392,519
Net revenue $ 401,074 $ 379,145 $ 1,181,090 $ 1,135,016
Operating margin on net revenue 36.80% 34.00% 36.30% 34.60%
Operating Segments | Merchant Solutions        
Segment Reporting        
Adjusted operating income $ 103,275 $ 90,784 $ 296,551 $ 219,056
Net revenue $ 281,819 $ 262,494 $ 820,968 $ 644,573
Operating margin on net revenue 36.60% 34.60% 36.10% 34.00%
Operating Segments | Netspend        
Segment Reporting        
Adjusted operating income $ 48,560 $ 40,856 $ 143,251 $ 125,538
Net revenue $ 179,918 $ 155,349 $ 560,448 $ 502,961
Operating margin on net revenue 27.00% 26.30% 25.60% 25.00%
Corporate Administration and Other        
Segment Reporting        
Adjusted operating income $ (39,560) $ (37,022) $ (111,170) $ (99,830)
Intersegment        
Segment Reporting        
Net revenue (10,052) (7,400) (32,787) (26,381)
Segment Reconciling Items        
Segment Reporting        
TransFirst M&A and integration expenses 1,052 1,830 10,086 25,908
Litigation, claims, judgements or settlements 26   1,904  
Acquisition intangible amortization $ 50,856 $ 53,341 $ 156,966 $ 134,748