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Consolidated Statements Of Income (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Consolidated Statements Of Income        
Revenues, net $ 134,213 $ 111,437 $ 245,218 $ 215,639
Expenses:        
Merchant commissions 14,881 14,249 23,158 25,838
Processing 19,775 17,323 37,707 34,844
Selling 9,003 7,668 16,790 14,517
General and administrative 22,074 13,381 39,989 26,470
Gross Profit, Total 68,480 58,816 127,574 113,970
Depreciation and amortization 8,588 8,259 17,195 16,313
Operating income 59,892 50,557 110,379 97,657
Other income, net (56) (115) (90) (71)
Interest expense, net 3,451 5,531 6,814 10,795
Loss on early extinguishment of debt 2,669   2,669  
Total other expense 6,064 5,416 9,393 10,724
Income before taxes 53,828 45,141 100,986 86,933
Provision for taxes 17,113 15,501 31,937 29,949
Net income 36,715 29,640 69,049 56,984
Calculation of income attributable to common shareholders:        
Convertible preferred stock accrued dividends   (4,416)   (8,836)
Income attributable to common shareholders for basic earnings per share $ 36,715 $ 25,224 $ 69,049 $ 48,148
Earnings per share:        
Basic earnings per share $ 0.46 $ 0.74 $ 0.86 $ 1.42
Diluted earnings per share $ 0.44 $ 0.37 $ 0.83 $ 0.71
Weighted average shares outstanding:        
Basic weighted average shares outstanding 80,151 33,988 80,044 33,999
Diluted weighted average shares outstanding 83,548 80,701 83,464 80,595