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Statement of Income (Excluding Gross Margin Alternative) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues, net $ 171,820 $ 134,213 $ 317,985 $ 245,218
Expenses:        
Merchant commissions 17,651 14,881 28,044 23,158
Processing 27,014 19,775 52,593 37,707
Selling 10,274 9,003 20,449 16,790
General and administrative 23,824 22,074 47,647 39,989
Depreciation and amortization 11,609 8,588 23,329 17,195
Operating income 81,448 59,892 145,923 110,379
Other (income) expense, net (66) (56) 522 (90)
Interest expense, net 2,818 3,451 6,381 6,814
Loss on early extinguishment of debt   2,669   2,669
Total other expense 2,752 6,064 6,903 9,393
Income before taxes 78,696 53,828 139,020 100,986
Provision for income taxes 24,295 17,113 42,540 31,937
Net income $ 54,401 $ 36,715 $ 96,480 $ 69,049
Earnings per share:        
Basic earnings per share $ 0.65 $ 0.46 $ 1.16 $ 0.86
Diluted earnings per share $ 0.63 $ 0.44 $ 1.13 $ 0.83
Weighted average shares outstanding:        
Basic weighted average shares outstanding 83,294 80,151 82,929 80,044
Diluted weighted average shares outstanding 85,737 83,548 85,451 83,464