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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total revenue $ 528,444 $ 537,844 $ 1,601,215 $ 1,654,896
Total cost of revenue (246,577) (255,127) (747,020) (775,737)
Gross profit 281,867 282,717 854,195 879,159
Selling, general and administrative expense (227,764) (233,891) (695,677) (726,880)
Restructuring and integration expense (11,031) (22,935) (35,899) (60,067)
Asset impairment charge (6,700) 0 (6,700) 0
Gain (loss) on sale of businesses and long-lived assets 5,208 (4,324) 29,190 17,618
Operating income 41,580 21,567 145,109 109,830
Interest expense (29,905) (32,034) (90,910) (93,982)
Other income, net 1,834 1,316 6,560 4,562
Income (loss) before income taxes 13,509 (9,151) 60,759 20,410
Income tax (provision) benefit (4,540) 1,194 (20,463) (9,186)
Net income (loss) 8,969 (7,957) 40,296 11,224
Net income attributable to non-controlling interest (38) (26) (103) (80)
Net income (loss) attributable to Deluxe 8,931 (7,983) 40,193 11,144
Total comprehensive income (loss) 1,017 (5,716) 36,472 19,838
Comprehensive income (loss) attributable to Deluxe $ 979 $ (5,742) $ 36,369 $ 19,758
Basic earnings (loss) per share $ 0.20 $ (0.18) $ 0.91 $ 0.26
Diluted earnings (loss) per share $ 0.20 $ (0.18) $ 0.90 $ 0.25
Product [Member]        
Total revenue $ 298,693 $ 304,840 $ 908,230 $ 938,872
Total cost of revenue (109,090) (118,050) (338,595) (361,938)
Service [Member]        
Total revenue 229,751 233,004 692,985 716,024
Total cost of revenue $ (137,487) $ (137,077) $ (408,425) $ (413,799)