v3.25.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common shares par value [Member]
Additional paid-in capital [Member]
Retained earnings [Member]
Accumulated other comprehensive loss [Member]
Non-controlling interest [Member]
Balance, beginning of period at Dec. 31, 2023 $ 604,616 $ 43,743 $ 99,141 $ 491,238 $ (30,028) $ 522
Balance (in shares) at Dec. 31, 2023 43,743          
Net income attributable to Deluxe $ 31,262     31,262    
Net income attributable to non-controlling interest 65         65
Net income 31,327          
Cash dividends ($0.30 per share for the quarters ended June 30, 2025 and 2024 and $0.60 per share for the six months ended June 30, 2025 and 2024) (27,387)     (27,387)    
Common shares issued, net of tax withholding $ (2,379) 467 (2,846)      
Common shares issued, net of tax withholding (in shares) 467          
Employee share-based compensation $ 10,171   10,171      
Other comprehensive income (loss) 4,128       4,128  
Balance, end of period at Jun. 30, 2024 $ 620,476 44,210 106,466 495,113 (25,900) 587
Balance (in shares) at Jun. 30, 2024 44,210          
Balance, beginning of period at Mar. 31, 2024 $ 608,392 44,046 101,317 488,317 (25,837) 549
Balance (in shares) at Mar. 31, 2024 44,046          
Net income attributable to Deluxe $ 20,459     20,459    
Net income attributable to non-controlling interest 38         38
Net income 20,497          
Cash dividends ($0.30 per share for the quarters ended June 30, 2025 and 2024 and $0.60 per share for the six months ended June 30, 2025 and 2024) (13,663)     (13,663)    
Common shares issued, net of tax withholding $ 310 164 146      
Common shares issued, net of tax withholding (in shares) 164          
Employee share-based compensation $ 5,003   5,003      
Other comprehensive income (loss) (63)       (63)  
Balance, end of period at Jun. 30, 2024 $ 620,476 44,210 106,466 495,113 (25,900) 587
Balance (in shares) at Jun. 30, 2024 44,210          
Balance, beginning of period at Dec. 31, 2024 $ 620,918 44,315 117,122 489,231 (29,916) 166
Balance (in shares) at Dec. 31, 2024 44,315          
Net income attributable to Deluxe $ 36,397     36,397    
Net income attributable to non-controlling interest 72         72
Net income 36,469          
Cash dividends ($0.30 per share for the quarters ended June 30, 2025 and 2024 and $0.60 per share for the six months ended June 30, 2025 and 2024) (27,500)     (27,500)    
Common shares issued, net of tax withholding $ (3,906) 570 (4,476)      
Common shares issued, net of tax withholding (in shares) 570          
Employee share-based compensation $ 11,718   11,718      
Other comprehensive income (loss) 969       969  
Balance, end of period at Jun. 30, 2025 $ 638,668 44,885 124,364 498,128 (28,947) 238
Balance (in shares) at Jun. 30, 2025 44,885          
Balance, beginning of period at Mar. 31, 2025 $ 622,464 44,740 117,846 489,709 (30,032) 201
Balance (in shares) at Mar. 31, 2025 44,740          
Net income attributable to Deluxe $ 22,385     22,385    
Net income attributable to non-controlling interest 37         37
Net income 22,422          
Cash dividends ($0.30 per share for the quarters ended June 30, 2025 and 2024 and $0.60 per share for the six months ended June 30, 2025 and 2024) (13,966)     (13,966)    
Common shares issued, net of tax withholding $ 494 145 349      
Common shares issued, net of tax withholding (in shares) 145          
Employee share-based compensation $ 6,169   6,169      
Other comprehensive income (loss) 1,085       1,085  
Balance, end of period at Jun. 30, 2025 $ 638,668 $ 44,885 $ 124,364 $ 498,128 $ (28,947) $ 238
Balance (in shares) at Jun. 30, 2025 44,885