v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenues:    
Operating revenues $ 629,005 $ 537,245
Interest income, net 27,242 21,629
Total operating revenues 656,247 558,874
Operating expenses:    
Sales and marketing expenses 59,313 59,688
Compensation and benefits expenses 59,771 66,214
Processing expenses 374,594 285,317
Other general and administrative expenses 93,449 86,910
Restructuring and other charges 82 0
Total operating expenses 587,209 498,129
Operating income 69,038 60,745
Interest expense, net 1,576 1,386
Other income (expense), net 177 (25,704)
Income before income taxes 67,639 33,655
Income tax expense 13,886 7,882
Net income $ 53,753 $ 25,773
Basic earnings per common share (in USD per share) $ 0.96 $ 0.47
Diluted earnings per common share (in USD per share) $ 0.93 $ 0.47
Basic weighted-average common shares issued and outstanding (in shares) 55,743 54,361
Diluted weighted-average common shares issued and outstanding (in shares) 58,016 55,282
Card revenues and other fees    
Operating revenues:    
Operating revenues $ 448,675 $ 375,953
Cash processing revenues    
Operating revenues:    
Operating revenues 136,371 113,373
Interchange revenues    
Operating revenues:    
Operating revenues $ 43,959 $ 47,919