Segments (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Segment Reporting Information [Line Items] | ||||
Revenues, net | $ 1,102,030 | $ 975,710 | $ 2,107,697 | $ 1,910,961 |
Expenses: | ||||
Processing | 238,517 | 209,199 | 460,361 | 416,610 |
Selling | 115,777 | 95,044 | 223,334 | 189,232 |
General and administrative | 176,994 | 153,777 | 333,953 | 305,039 |
Depreciation | 58,177 | 58,443 | ||
Other operating, net | 2 | 9 | (3) | 301 |
Operating income | 479,390 | 433,339 | 906,514 | 830,677 |
Other (income) expense, net | (10,572) | 4,460 | (6,477) | 7,420 |
Interest expense, net | 96,872 | 94,677 | 190,794 | 183,765 |
Loss on extinguishment of debt | 0 | 0 | 1,596 | 0 |
Total other expenses, net | 86,300 | 99,137 | 185,913 | 191,185 |
Income before income taxes | 393,090 | 334,202 | 720,601 | 639,492 |
Operating Segments | ||||
Segment Reporting Information [Line Items] | ||||
Revenues, net | 1,102,030 | 975,710 | 2,107,697 | 1,910,961 |
Expenses: | ||||
Processing | 238,517 | 209,199 | 460,361 | 416,610 |
Selling | 115,777 | 95,044 | 223,334 | 189,232 |
General and administrative | 176,994 | 153,777 | 333,953 | 305,039 |
Depreciation | 29,780 | 29,513 | 58,176 | 58,444 |
Amortization | 61,570 | 54,829 | 125,362 | 110,658 |
Other operating, net | 2 | 9 | (3) | 301 |
Operating income | 479,390 | 433,339 | 906,514 | 830,677 |
Capital expenditures | 52,636 | 44,097 | 97,407 | 85,289 |
Operating Segments | Vehicle Payments | ||||
Segment Reporting Information [Line Items] | ||||
Revenues, net | 525,525 | 510,278 | 1,012,635 | 1,004,339 |
Expenses: | ||||
Processing | 98,944 | 94,241 | 188,694 | 188,294 |
Selling | 47,901 | 45,101 | 93,801 | 88,088 |
General and administrative | 82,519 | 79,137 | 156,483 | 160,046 |
Depreciation | 17,219 | 17,633 | 34,116 | 35,346 |
Amortization | 28,808 | 32,132 | 59,186 | 64,741 |
Other operating, net | 2 | 9 | (3) | 105 |
Operating income | 250,131 | 242,025 | 480,357 | 467,720 |
Capital expenditures | 34,917 | 30,254 | 65,595 | 58,448 |
Operating Segments | Corporate Payments | ||||
Segment Reporting Information [Line Items] | ||||
Revenues, net | 391,904 | 288,479 | 744,563 | 553,875 |
Expenses: | ||||
Processing | 77,456 | 59,796 | 155,028 | 115,165 |
Selling | 56,515 | 41,307 | 108,470 | 83,156 |
General and administrative | 66,135 | 46,123 | 123,202 | 88,611 |
Depreciation | 7,515 | 7,336 | 13,859 | 14,273 |
Amortization | 23,079 | 13,362 | 46,893 | 27,228 |
Other operating, net | 0 | 0 | 0 | 176 |
Operating income | 161,205 | 120,556 | 297,111 | 225,267 |
Capital expenditures | 10,095 | 7,581 | 17,675 | 14,857 |
Operating Segments | Lodging Payments | ||||
Segment Reporting Information [Line Items] | ||||
Revenues, net | 119,790 | 122,377 | 230,015 | 233,672 |
Expenses: | ||||
Processing | 30,520 | 28,847 | 60,498 | 58,028 |
Selling | 8,175 | 6,732 | 15,635 | 12,899 |
General and administrative | 18,559 | 18,442 | 35,226 | 35,467 |
Depreciation | 3,784 | 3,188 | 7,510 | 6,025 |
Amortization | 9,176 | 8,777 | 18,274 | 17,570 |
Other operating, net | 0 | 0 | 0 | 16 |
Operating income | 49,576 | 56,391 | 92,871 | 103,668 |
Capital expenditures | 5,107 | 4,589 | 9,836 | 9,415 |
Operating Segments | Other | ||||
Segment Reporting Information [Line Items] | ||||
Revenues, net | 64,811 | 54,576 | 120,484 | 119,075 |
Expenses: | ||||
Processing | 31,597 | 26,315 | 56,141 | 55,123 |
Selling | 3,186 | 1,904 | 5,428 | 5,089 |
General and administrative | 9,781 | 10,075 | 19,042 | 20,915 |
Depreciation | 1,262 | 1,356 | 2,691 | 2,800 |
Amortization | 507 | 558 | 1,009 | 1,119 |
Other operating, net | 0 | 0 | 0 | 4 |
Operating income | 18,478 | 14,367 | 36,175 | 34,022 |
Capital expenditures | $ 2,517 | $ 1,673 | $ 4,301 | $ 2,569 |
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- Definition Expenses recognized in the period related to processing transactions, servicing our customers and merchants and bad debt expense. No definition available.
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- Definition The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- References No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expenditure for addition to long-lived assets included in determination of segment assets by chief operating decision maker (CODM) or otherwise regularly provided to CODM. Excludes expenditure for addition to financial instrument, long-term customer relationship of financial institution, mortgage and other servicing rights, deferred policy acquisition cost, and deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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