SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Segment Reporting Information, by Segment

The table below provides information about the Company's measure of segment performance and significant expense categories:


	Three Months Ended March 31,
		2026		2025
Revenues:
Wire transfer and money order fees, net		$	99,752	$	120,167
Foreign exchange gain, net		16,320		20,181
Other income		5,880		3,962
Total revenues		121,952		144,310

Less:
Agent commissions		51,158		61,163
Payer commissions		18,827		23,811
Bank charges and fees		5,614		6,594
Salaries and benefits		18,890		18,288
Other segment items (1)		15,047		13,209
Provision for credit losses		2,891		2,066
Restructuring costs		—		306
Transaction costs		1,166		1,169
Depreciation and amortization		4,685		3,629
Total operating expenses		118,278		130,235

Operating income		3,674		14,075

Interest expense		2,208		2,700

Income before income taxes		1,466		11,375

Income tax provision		955		3,606

Net income		$	511	$	7,769

(1) Other segment items included in segment net income is primarily composed of other selling, general and administrative expenses, transaction processing costs, and other overhead expenses.