CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues: | ||||
| Total revenues | $ 131,162 | $ 161,133 | $ 253,114 | $ 305,443 |
| Operating expenses: | ||||
| Service charges from agents and banks | 85,848 | 102,257 | 164,939 | 196,045 |
| Salaries and benefits | 17,380 | 18,525 | 36,270 | 37,110 |
| Other selling, general and administrative expenses | 11,106 | 12,354 | 22,661 | 23,352 |
| Provision for credit losses | 2,585 | 1,858 | 5,476 | 3,924 |
| Transaction costs | 700 | 2,224 | 1,866 | 3,393 |
| Depreciation and amortization | 4,792 | 4,454 | 9,477 | 8,083 |
| Total operating expenses | 122,411 | 141,672 | 240,689 | 271,907 |
| Operating income | 8,751 | 19,461 | 12,425 | 33,536 |
| Interest expense | 2,320 | 3,093 | 4,528 | 5,793 |
| Income before income taxes | 6,431 | 16,368 | 7,897 | 27,743 |
| Income tax provision | 2,226 | 5,361 | 3,181 | 8,967 |
| Net income | 4,205 | 11,007 | 4,716 | 18,776 |
| Other comprehensive income (loss) | 49 | 1,236 | (422) | 1,584 |
| Comprehensive income | $ 4,254 | $ 12,243 | $ 4,294 | $ 20,360 |
| Earnings per common share: | ||||
| Basic (in dollars per share) | $ 0.14 | $ 0.37 | $ 0.16 | $ 0.62 |
| Diluted (in dollars per share) | $ 0.14 | $ 0.37 | $ 0.15 | $ 0.62 |
| Weighted-average common shares outstanding: | ||||
| Basic (in shares) | 30,109,812 | 29,843,687 | 29,989,347 | 30,213,762 |
| Diluted (in shares) | 30,608,806 | 29,912,615 | 30,500,809 | 30,370,069 |
| Wire transfer and money order fees, net | ||||
| Revenues: | ||||
| Total revenues | $ 107,585 | $ 132,970 | $ 207,337 | $ 253,137 |
| Foreign exchange gain, net | ||||
| Revenues: | ||||
| Total revenues | 16,652 | 23,681 | 32,972 | 43,862 |
| Other income | ||||
| Revenues: | ||||
| Total revenues | $ 6,925 | $ 4,482 | $ 12,805 | $ 8,444 |
| X | ||||||||||
- Definition Amount of charges from agents and banks for banking activities. No definition available.
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- Definition Amount of expense for acquisition-related cost incurred to effect business combination. Includes, but is not limited to, finder's fee; advisory, legal, accounting, valuation, and other professional and consulting fees; and general administrative cost, including cost of maintaining internal acquisition department. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of selling, general and administrative expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense (reversal of expense) for expected credit loss on accounts receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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