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Segments (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Company's Segment Results
The Company’s segment results are as follows for the three and nine month periods ended September 30, 2022 and 2021 (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
20221
2021
20221
2021
Revenues, net:
Fleet$395,203 $343,194 $1,124,157 $971,258 
Corporate Payments196,941 168,684 570,408 425,466 
Lodging125,961 85,214 337,438 206,498 
Brazil108,583 94,888 322,945 262,481 
Other2
66,312 63,497 188,571 165,778 
$893,000 $755,477 $2,543,519 $2,031,481 
Operating income:
Fleet$192,598 $181,787 $547,233 $501,406 
Corporate Payments69,669 53,512 193,735 146,526 
Lodging63,463 44,027 161,802 98,801 
Brazil44,646 39,943 123,591 105,499 
Other2
18,794 19,418 51,010 50,032 
$389,170 $338,687 $1,077,371 $902,264 
Depreciation and amortization:
Fleet$34,897 $36,378 $104,531 $109,417 
Corporate Payments15,864 15,526 48,936 37,079 
Lodging10,474 7,301 31,329 17,685 
Brazil13,756 12,910 41,164 38,091 
Other2
2,222 2,122 6,529 6,912 
$77,213 $74,237 $232,489 $209,184 
1Results from Levarti acquired in the first quarter of 2022 are reported in our Lodging segment. Results from Accrualify and Plugsurfing acquired in the third quarter of 2022 are reported in our Corporate Payments and Fleet segments, respectively.
2Other includes gift and payroll card components.