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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
[1]
Income Statement [Abstract]      
Revenues, net $ 2,388,855 $ 2,648,848 $ 2,433,492
Expenses:      
Processing 596,363 530,669 487,695
Selling 192,732 204,806 182,593
General and administrative 374,678 407,210 389,172
Depreciation and amortization 254,802 274,210 274,609
Other operating (income) expense, net (1,985) 523 8,725
Operating income 972,265 1,231,430 1,090,698
Investment (gain) loss, net (30,008) 3,470 7,147 [2]
Other (income) expense, net (10,055) 93 (152,166)
Interest expense, net 129,803 150,048 138,494
Loss on extinguishment of debt 0 0 2,098 [2]
Total other expense (income) 89,740 153,611 (4,427)
Income before income taxes 882,525 1,077,819 1,095,125
Provision for income taxes 178,309 182,746 283,642
Net income $ 704,216 $ 895,073 $ 811,483 [2]
Earnings per share:      
Basic earnings per share (in usd per share) $ 8.38 $ 10.36 $ 9.14
Diluted earnings per share (in usd per share) $ 8.12 $ 9.94 $ 8.81
Weighted average shares outstanding:      
Basic (in shares) 84,005 86,401 88,750
Diluted (in shares) 86,719 90,070 92,151
[1] The Company applied the modified retrospective transition method when adopting ASU 2016-02 "Leases", therefore the Company's 2018 prior results were not restated to reflect ASU 2016-02. Refer to footnote 14.
[2] The Company applied the modified retrospective transition method when adopting ASU 2016-02 "Leases", therefore the Company's 2018 prior results were not restated to reflect ASU 2016-02. Refer to footnote 14.