Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule 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):

	Three Months Ended March 31,
	2022		2021
Revenue
Banks	$	132,198	$	95,917
Merchants	41,002		38,670
Billers	149,880		150,599
Total revenue	$	323,080	$	285,186
Segment Adjusted EBITDA
Banks	$	64,714	$	37,195
Merchants	14,713		14,725
Billers	26,357		34,021
Depreciation and amortization	(31,489)		(33,583)
Stock-based compensation expense	(7,958)		(6,703)
Corporate and unallocated expenses	(38,671)		(41,965)
Interest, net	(7,735)		(8,621)
Other, net	2,250		(1,382)
Income (loss) before income taxes	$	22,181	$	(6,313)

Schedule of Revenue by Primary Solution Category for Reportable Segments

The following is revenue by primary solution category for the Company’s reportable segments for the periods indicated (in thousands):

	Three Months Ended March 31, 2022
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	149,880	$	149,880
Digital Business Banking	13,488		—		—		13,488
Merchant Payments	—		41,002		—		41,002
Fraud Management	7,777		—		—		7,777
Real-Time Payments	21,927		—		—		21,927
Issuing and Acquiring	89,006		—		—		89,006
Total	$	132,198	$	41,002	$	149,880	$	323,080
	Three Months Ended March 31, 2021
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	150,599	$	150,599
Digital Business Banking	15,092		—		—		15,092
Merchant Payments	—		38,670		—		38,670
Fraud Management	6,224		—		—		6,224
Real-Time Payments	13,185		—		—		13,185
Issuing and Acquiring	61,416		—		—		61,416
Total	$	95,917	$	38,670	$	150,599	$	285,186

	Three Months Ended March 31,
	2022		2021
Banks
Software as a service and platform as a service	$	13,952	$	14,278
License	54,439		18,018
Maintenance	47,343		48,031
Services	16,464		15,590
Total	$	132,198	$	95,917
Merchants
Software as a service and platform as a service	$	30,767	$	31,043
License	5,846		3,090
Maintenance	4,038		4,252
Services	351		285
Total	$	41,002	$	38,670
Billers
Software as a service and platform as a service	$	149,843	$	150,425
License	—		94
Maintenance	37		80
Services	—		—
Total	$	149,880	$	150,599

Schedule of Revenue by Geographic Location

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

	Three Months Ended March 31,
	2022		2021
Revenue
United States	$	199,315	$	191,977
Other	123,765		93,209
Total	$	323,080	$	285,186

Schedule 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):

	March 31, 2022		December 31, 2021
Long-lived Assets
United States	$	1,401,232	$	1,425,391
Other	748,243		745,138
Total	$	2,149,475	$	2,170,529