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Unaudited Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
[1]
Sep. 30, 2019
Sep. 30, 2018
[1]
Income Statement [Abstract]        
Revenues, net $ 681,048 $ 619,586 $ 1,949,967 $ 1,790,070
Expenses:        
Processing 135,016 128,400 384,588 356,086
Selling 51,790 44,806 152,907 135,926
General and administrative 98,050 98,058 297,618 284,858
Depreciation and amortization 67,347 67,267 205,700 207,379
Other operating, net (296) (35) (1,480) (140)
Operating income 329,141 281,090 910,634 805,961
Investment loss 0 7,147 15,660 [2] 7,147
Other (income) expense, net (120) 303 628 465
Interest expense, net 36,504 36,072 115,088 100,287
Total other expense 36,384 43,522 131,376 107,899
Income before income taxes 292,757 237,568 779,258 698,062
Provision for income taxes 66,952 79,874 119,695 188,579
Net income $ 225,805 $ 157,694 $ 659,563 [2] $ 509,483
Earnings per share:        
Basic earnings per share (in dollars per share) $ 2.61 $ 1.78 $ 7.64 $ 5.72
Diluted earnings per share (in dollars per share) $ 2.49 $ 1.71 $ 7.33 $ 5.50
Weighted average shares outstanding:        
Basic (in shares) 86,662 88,456 86,332 89,126
Diluted (in shares) 90,522 92,081 89,976 92,671
[1] Reflects reclassifications from previously disclosed amounts to conform to current presentation.
[2] Reflects the impact of the Company's adoption of ASU 2016-02 "Leases", on January 1, 2019, using the modified retrospective transition method. Under this method, financial results reported in periods prior to 2019 are unchanged. Refer to footnote 2.