Consolidated Financial Statement Details (Tables)

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Components of Restricted Cash

Restricted cash

(dollars in thousands)	March 31, 2023		December 31, 2022
Restricted cash due to customers	$	362,261	$	700,611
Real estate escrow balances and other	1,810		1,629
Total restricted cash	$	364,071	$	702,240

Components of Prepaid Expenses and Other Assets

Prepaid expenses and other assets

(dollars in thousands)	March 31, 2023		December 31, 2022
Costs of obtaining contracts(1)(2)	$	71,956	$	74,272
Prepaid software maintenance and subscriptions(3)	37,125		34,766
Derivative instruments	26,610		32,117
Implementation costs for cloud computing arrangements, net(4)(5)	9,993		10,189
Prepaid insurance	9,962		4,902
Unbilled accounts receivable	7,092		5,775
Taxes, prepaid and receivable	1,728		1,855
Deferred tax assets	1,152		1,153
Other assets	11,108		10,929
Total prepaid expenses and other assets	176,726		175,958
Less: Long-term portion	87,947		94,304
Prepaid expenses and other current assets	$	88,779	$	81,654

(1)Amortization expense from costs of obtaining contracts was $8.3 million and $8.5 million for the three months ended March 31, 2023 and 2022, respectively.

(2)The current portion of costs of obtaining contracts as of March 31, 2023 and December 31, 2022 was $28.5 million and $29.1 million, respectively.

(3)The current portion of prepaid software maintenance and subscriptions as of March 31, 2023 and December 31, 2022 was $32.6 million and $31.7 million, respectively.

(4)These costs primarily relate to the multi-year implementations of our new global enterprise resource planning and customer relationship management systems.

(5)Amortization expense from capitalized cloud computing implementation costs was insignificant for the three months ended March 31, 2023 and 2022, respectively. Accumulated amortization for these costs was $5.7 million and $5.2 million as of March 31, 2023 and December 31, 2022, respectively.

Components of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities

(dollars in thousands)	March 31, 2023		December 31, 2022
Accrued legal costs(1)	$	35,705	$	28,448
Derivative instruments	9,419		323
Customer credit balances	7,990		8,257
Operating lease liabilities, current portion	7,962		7,723
Accrued commissions and salaries	5,407		6,944
Taxes payable	3,580		16,667
Contingent consideration liability	2,710		2,710
Accrued health care costs	2,213		2,467
Accrued vacation costs	2,019		2,156
Accrued transaction-based costs related to payments services	1,882		5,059
Other liabilities	7,146		9,542
Total accrued expenses and other liabilities	86,033		90,296
Less: Long-term portion	13,234		4,294
Accrued expenses and other current liabilities	$	72,799	$	86,002

(1)All accrued legal costs are classified as current.

Components of Other Income and Expense

Other income, net

	Three months ended March 31,
(dollars in thousands)	2023		2022
Interest income	$	1,236	$	123
Currency revaluation (losses) gains	(245)		582
Other income, net	1,016		416
Other income, net	$	2,007	$	1,121