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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues, net $ 186,932 $ 134,213 $ 504,917 $ 379,431
Expenses:        
Merchant commissions 12,930 13,347 40,974 36,505
Processing 30,568 20,878 83,161 58,585
Selling 12,790 9,484 33,239 26,274
General and administrative 31,219 19,729 78,866 59,718
Depreciation and amortization 13,591 9,052 36,920 26,247
Operating income 85,834 61,723 231,757 172,102
Other (income) expense, net (3) (518) 519 (608)
Interest expense, net 3,246 3,130 9,627 9,944
Loss on early extinguishment of debt       2,669
Total other expense 3,243 2,612 10,146 12,005
Income before taxes 82,591 59,111 221,611 160,097
Provision for income taxes 22,943 18,597 65,483 50,534
Net income $ 59,648 $ 40,514 $ 156,128 $ 109,563
Earnings per share:        
Basic earnings per share $ 0.71 $ 0.50 $ 1.88 $ 1.36
Diluted earnings per share $ 0.69 $ 0.48 $ 1.82 $ 1.31
Weighted average shares outstanding:        
Basic weighted average shares outstanding 84,002 80,819 83,260 80,305
Diluted weighted average shares outstanding 86,224 83,649 85,681 83,526