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Significant Customer Concentrations
12 Months Ended
Dec. 31, 2015
Significant Customer Concentrations [Abstract]  
Significant Customer Concentrations
Significant Customer Concentration
A credit concentration may exist if customers are involved in similar industries, economic sectors, and geographic regions. Our retail distributors operate in similar economic sectors but diverse domestic geographic regions. The loss of a significant retail distributor could have a material adverse effect upon our card sales, profitability, and revenue growth.
Revenue Concentrations
Revenues derived from our products sold at retail distributors constituting greater than 10% of our total operating revenues were as follows:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Walmart
46%
 
54%
 
64%
Excluding stock-based retailer incentive compensation of $2.5 million, $8.9 million, and $8.7 million for the years ended December 31, 2015, 2014, and 2013, respectively, revenues derived from our products sold at retail distributors constituting greater than 10% of our total operating revenues were as follows:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Walmart
46%
 
55%
 
65%
No other retail distributor made up greater than 10% of our total operating revenues for the years ended December 31, 2015, 2014, and 2013.
Unit Concentrations
The concentration of GPR cards activated (in units) and the concentration of sales of cash transfer products (in units) derived from our products sold at our four largest retail distributors was as follows:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Concentration of GPR cards activated (in units)
61%
 
70%
 
82%
Concentration of sales of cash transfer products (in units)
81%
 
83%
 
87%
Settlement Asset Concentrations
Settlement assets derived from our products sold at our four largest retail distributors comprised the following percentages of the settlement assets recorded on our consolidated balance sheets:
 
December 31, 2015
 
December 31, 2014
Walmart
62%
 
22%
Three other largest retail distributors, as a group
9%
 
6%