Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Summary of Selected Financial Data by Reportable Segment

The following is selected financial data for the Company’s reportable segments for the periods indicated (in thousands):

	Years Ended December 31,
	2021		2020		2019
Revenues
Banks	$	625,125	$	558,498	$	590,961
Merchants	152,988		149,342		156,452
Billers	592,485		586,482		510,881
Total revenue	$	1,370,598	$	1,294,322	$	1,258,294
Segment Adjusted EBITDA
Banks	$	372,949	$	331,445	$	343,844
Merchants	54,266		53,383		60,820
Billers	129,048		135,144		77,295
Depreciation and amortization	(133,393)		(140,316)		(122,569)
Stock-based compensation expense	(27,242)		(29,602)		(36,763)
Corporate and unallocated expenses	(185,731)		(205,310)		(198,871)
Interest, net	(33,538)		(45,002)		(52,066)
Other, net	(1,294)		(1,116)		520
Income before income taxes	$	175,065	$	98,626	$	72,210

Summary of Revenue by Primary Geographic Markets and Primary Solution Categories

	Year Ended December 31, 2021
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	592,485	$	592,485
Digital Business Banking	60,398		—		—		60,398
Merchant Payments	—		152,988		—		152,988
Fraud Management	43,704		—		—		43,704
Real-Time Payments	77,922		—		—		77,922
Issuing and Acquiring	443,101		—		—		443,101
Total	$	625,125	$	152,988	$	592,485	$	1,370,598
	Year Ended December 31, 2020
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	586,482	$	586,482
Digital Business Banking	75,475		—		—		75,475
Merchant Payments	—		149,342		—		149,342
Fraud Management	32,942		—		—		32,942
Real-Time Payments	80,654		—		—		80,654
Issuing and Acquiring	369,427		—		—		369,427
Total	$	558,498	$	149,342	$	586,482	$	1,294,322
	Year Ended December 31, 2019
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	510,881	$	510,881
Digital Business Banking	77,319		—		—		77,319
Merchant Payments	—		156,452		—		156,452
Fraud Management	42,010		—		—		42,010
Real-Time Payments	100,599		—		—		100,599
Issuing and Acquiring	371,033		—		—		371,033
Total	$	590,961	$	156,452	$	510,881	$	1,258,294

The following is revenue by the Company's reportable segments for the periods indicated (in thousands):

	Year Ended December 31,
	2021		2020		2019
Banks
Software as a service and platform as a service	$	57,339	$	69,254	$	65,703
License	310,758		232,143		256,097
Maintenance	193,332		194,400		194,128
Services	63,696		62,701		75,033
Total	$	625,125	$	558,498	$	590,961
Merchants
Software as a service and platform as a service	$	124,933	$	113,854	$	101,666
License	9,015		14,659		31,936
Maintenance	16,846		16,981		18,968
Services	2,194		3,848		3,882
Total	$	152,988	$	149,342	$	156,452
Billers
Software as a service and platform as a service	$	592,070	$	586,072	$	510,300
License	94		94		228
Maintenance	321		316		313
Services	—		—		40
Total	$	592,485	$	586,482	$	510,881

The following is the Company's revenue by geographic location for the periods indicated (in thousands):

	Year Ended December 31,
	2021		2020		2019
Revenue
United States	$	869,081	$	830,511	$	781,820
Other	501,517		463,811		476,474
Total	$	1,370,598	$	1,294,322	$	1,258,294

Summary of Long-lived Assets by Geographic Location

The following is the Company’s long-lived assets by geographic location for the periods indicated (in thousands):

	December 31,
	2021		2020
Long-lived Assets
United States	$	1,425,391	$	1,423,862
Other	745,138		750,651
Total	$	2,170,529	$	2,174,513