Euronet Worldwide (EEFT) 10-Q 29 Apr 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 28, 2016
Entity Information [Line Items]
Entity Registrant Name	EURONET WORLDWIDE INC
Entity Central Index Key	1,029,199
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		52,046,570

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 548,532	$ 457,518
Restricted cash	37,703	45,312
Inventory — PINs and other	63,258	72,108
Trade accounts receivable, net of allowances for doubtful accounts of $20,694 at March, 31 2016 and $19,140 at December 31, 2015	354,978	423,299
Prepaid expenses and other current assets	129,436	132,773
Total current assets	1,133,907	1,131,010
Property and equipment, net of accumulated depreciation of $253,662 at March, 31 2016 and $242,111 at December 31, 2015	169,719	157,368
Goodwill	704,449	685,178
Acquired intangible assets, net of accumulated amortization of $139,303 at March 31, 2016 and $131,095 at December 31, 2015	170,303	167,972
Other assets, net of accumulated amortization of $34,236 at March 31, 2016 and $32,434 at December 31, 2015	53,841	51,186
Total assets	2,232,219	2,192,714
Current liabilities:
Trade accounts payable	355,443	456,159
Accrued expenses and other current liabilities	441,771	382,873
Current portion of capital lease obligations	2,442	1,991
Short-term debt obligations and current maturities of long-term debt obligations	11,709	12,060
Income taxes payable	18,113	14,962
Deferred revenue	42,493	35,887
Total current liabilities	871,971	903,932
Debt obligations, net of current portion	478,610	405,472
Capital lease obligations, net of current portion	5,119	4,147
Deferred income taxes	36,044	33,924
Other long-term liabilities	20,721	19,311
Total liabilities	1,412,465	1,366,786
Euronet Worldwide, Inc. stockholders' equity:
Preferred Stock, $0.02 par value. 10,000,000 shares authorized; none issued	0	0
Common Stock, $0.02 par value. 90,000,000 shares authorized; 58,127,649 issued at March 31, 2016 and 57,961,043 issued at December 31, 2015	1,163	1,159
Additional paid-in-capital	1,029,598	1,023,254
Treasury stock, at cost, 6,088,795 shares at March 31, 2016 and 4,929,241 shares at December 31, 2015	(215,058)	(138,750)
Retained earnings	133,521	104,427
Accumulated other comprehensive loss	(130,893)	(165,528)
Total Euronet Worldwide, Inc. stockholders' equity	818,331	824,562
Noncontrolling interests	1,423	1,366
Total equity	819,754	825,928
Total liabilities and equity	$ 2,232,219	$ 2,192,714

Balance Sheet Parenthetical (Pa

Balance Sheet Parenthetical (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Allowance for doubtful accounts receivable	$ 20,694	$ 19,140
Accumulated depreciation of property and equipment	253,662	242,111
Accumulated amortization of intangible assets	139,303	131,095
Accumulated amortization of other assets	$ 34,236	$ 32,434
Preferred Stock, par value per share	$ 0.02	$ 0.02
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Common Stock, par value per share	$ 0.02	$ 0.02
Common Stock, shares authorized	90,000,000	90,000,000
Common Stock, shares issued	58,127,649	57,961,043
Treasury Stock, shares	6,088,795	4,929,241

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues	$ 437,894	$ 395,162
Operating expenses:
Direct operating costs	271,626	251,357
Salaries and benefits	67,237	60,328
Selling, general and administrative	37,854	34,034
Depreciation and amortization	19,288	17,280
Total operating expenses	396,005	362,999
Operating income	41,889	32,163
Other income (expense):
Interest income	452	609
Interest expense	(6,286)	(5,698)
Foreign currency exchange loss, net	2,172	(12,952)
Other expense, net	(3,662)	(18,041)
Income before income taxes	38,227	14,122
Income tax expense	(9,143)	(6,997)
Net income	29,084	7,125
Net loss attributable to noncontrolling interests	10	53
Net income attributable to Euronet Worldwide, Inc.	$ 29,094	$ 7,178
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - basic	$ 0.55	$ 0.14
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - diluted	$ 0.53	$ 0.13
Weighted average number of shares outstanding - basic	52,685,765	51,673,160
Weighted average number of shares outstanding - diluted	54,529,588	53,625,641

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 29,084	$ 7,125
Translation adjustment	34,702	(55,340)
Comprehensive income (loss)	63,786	(48,215)
Comprehensive loss attributable to noncontrolling interests	57	217
Comprehensive income (loss) attributable to Euronet Worldwide, Inc.	$ 63,843	$ (47,998)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 29,084	$ 7,125
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,288	17,280
Share-based compensation	3,711	2,875
Unrealized foreign exchange (gain) loss, net	(2,172)	12,952
Deferred income taxes	(1,067)	(612)
Accretion of convertible debt discount and amortization of debt issuance costs	3,117	3,014
Changes in working capital, net of amounts acquired:
Income taxes payable, net	2,410	(5,092)
Restricted cash	8,090	22,726
Inventory - PINs and other	11,022	12,874
Trade accounts receivable	81,736	51,155
Prepaid expenses and other current assets	5,736	(43,700)
Trade accounts payable	(109,796)	(100,741)
Deferred revenue	5,331	548
Accrued expenses and other current liabilities	49,620	75,558
Changes in noncurrent assets and liabilities	(1,497)	(1,461)
Net cash provided by operating activities	104,613	54,501
Cash flows from investing activities:
Acquisitions, net of cash acquired	(137)	0
Purchases of property and equipment	(17,354)	(13,433)
Purchases of other long-term assets	(1,513)	(1,806)
Other, net	101	456
Net cash used in investing activities	(18,903)	(14,783)
Cash flows from financing activities:
Proceeds from issuance of shares	1,992	2,350
Repurchas of shares	(76,390)	(4,997)
Borrowings from revolving credit agreements	538,969	252
Repayments of revolving credit agreements	(467,099)	0
Repayments of long-term debt obligations	(1,406)	(938)
Repayments of capital lease obligations	(599)	(697)
(Repayments of short-term debt obligations, net	(999)	(600)
Other, net	278	262
Net cash provided by financing activities	(5,254)	(4,368)
Effect of exchange rate changes on cash and cash equivalents	10,558	(22,648)
Increase in cash and cash equivalents	91,014	12,702
Cash and cash equivalents at beginning of period	457,518	468,010
Cash and cash equivalents at end of period	548,532	480,712
Interest paid during the period	1,621	1,118
Income taxes paid during the period	$ 10,462	$ 11,944

General

General	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	GENERAL Organization Euronet Worldwide, Inc. (together with its subsidiaries, the “Company” or “Euronet”) is a leading electronic payments provider. Euronet offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Euronet's primary product offerings include comprehensive automated teller machine (“ATM”), point-of-sale (“POS”), card outsourcing, card issuing and merchant acquiring services; electronic distribution of prepaid mobile airtime and other electronic payment products; and global money transfer services. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared from the records of the Company, in conformity with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, such unaudited consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to fairly present the consolidated financial position and the results of operations, comprehensive income and cash flows for the interim periods. The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements of the Company for the year ended December 31, 2015 , including the notes thereto, set forth in the Company’s 2015 Annual Report on Form 10-K. Certain amounts in prior years have been reclassified to conform to the current year's presentation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reported period. Significant items subject to such estimates and assumptions include computing income taxes, estimating the useful lives and potential impairment of long-lived assets and goodwill, as well as allocating the purchase price to assets acquired and liabilities assumed in acquisitions and revenue recognition. Actual results could differ from those estimates. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year ending December 31, 2016 . Seasonality Euronet’s EFT Processing Segment experiences its heaviest demand for dynamic currency conversion services during the third quarter of the fiscal year, coinciding with tourism season. Additionally, the EFT Processing and epay Segments are impacted by seasonality during the fourth quarter and the first quarter of each year due to higher transaction levels during the holiday season and lower levels following the holiday season. Seasonality in the Money Transfer Segment varies by regions of the world. In most markets, Euronet usually experiences increased demand for money transfer services from the month of May through the fourth quarter of each year, coinciding with the increase in worker migration patterns and various holidays, and experiences its lowest transaction levels during the first quarter of each year.

Recently Issued and Adopted Acc

Recently Issued and Adopted Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Recently Issued and Adopted Accounting Pronouncements	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”), which addresses how companies account for certain aspects of share-based payments to employees. Entities will be required to recognize the income tax effects of awards in the statement of income when the awards vest or are settled, and to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity. The ASU also addresses such areas as an accounting policy election for forfeitures and the amount an employer can withhold to cover income taxes and still qualify for equity classification. The amendments in this ASU will be effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements. In March 2016, the FASB issued Accounting Standards Update No. 2016-06, Derivatives and Hedging (Topic 815), Contingent Put and Call Options in Debt Instruments (“ASU 2016-06”). The new standard clarifies that an entity is required to assess whether the economic characteristics and risks of embedded put or call options are clearly and closely related to those of their debt hosts only in accordance with the four-step decision sequence in ASU 815, Derivatives and Hedging. For contingently exercisable put or call options, an entity does not have to assess whether the event that triggers the ability to exercise a put or call option is related to interest rates or credit risk of the entity. The ASU does not change the existing criteria for determining when bifurcation of an embedded put or call option in a debt instrument is required. The amendments of this ASU are effective for annual periods beginning after December 15, 2016, with early adoption permitted. Entities are required to apply the guidance to existing debt instruments using a modified retrospective transition method as of the period of adoption. The Company does not expect the adoption of this ASU to have a significant impact on its consolidated financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update No. 2016-04, Recognition of Breakage for Certain Prepaid Stored-Value Products (“ASU 2016-04”). The new standard specifies that liabilities within its scope are considered to be financial liabilities, and amends the guidance in ASC 405-20, Extinguishments of Liabilities , by directing entities to derecognize prepaid stored-value product liabilities based on expected breakage in proportion to the pattern of rights expected to be exercised by the consumer. Derecognition for breakage is permitted only to the extent that it is probable that a significant reversal of recognized breakage will not subsequently occur. The new standard is consistent with the breakage guidance in the new revenue standard. The ASU is effective for annual periods beginning after December 15, 2017, and is applied either using a modified retrospective transition method or retrospectively. Early adoption is permitted. The Company is currently evaluating the expected impact of the adoption of this standard on its consolidated financial statements and related disclosures. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), which will update the existing guidance on accounting for leases and require new qualitative and quantitative disclosures about the Company’s leasing activities. The new standard requires lessees to account for all leases on the balance sheet, except for certain short-term leases that have a maximum possible lease term of 12 months. The accounting for lessors is largely unchanged from the previous accounting guidance; except for leverage lease accounting which is not permitted for leases entered into or modified after the effective date of the new standard. The new standard is effective for annual periods beginning after December 15, 2018 and interim periods within those annual periods, with early adoption permitted. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that the Company may elect to apply. The Company is currently evaluating the expected impact of the adoption of this standard on its consolidated financial statements and related disclosures. In January 2016, the FASB issued Accounting Standards Update No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”), which addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within those annual periods. The Company does not expect that the adoption of this standard will have a significant impact on its consolidated financial statements and related disclosures. In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. In July 2015, the FASB approved a one-year deferral of the effective date of the new revenue recognition standard. The new standard will become effective for the Company on January 1, 2018 and the Company has the option to adopt it effective January 1, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net) (“ASU 2016-08”), which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. ASU 2016-08 clarifies how an entity should identify the unit of accounting (i.e., the specified good or service) for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. In April 2016, the FASB issued Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing (“ASU 2016-10”), which amends certain aspects of the guidance on identifying performance obligations and the implementation guidance on licensing. The Company is evaluating the effect the ASUs will have on its consolidated financial statements and related disclosures. The Company has not yet selected an adoption date, a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Attributable to Parent [Abstract]
Stockholders' Equity	STOCKHOLDERS' EQUITY Earnings Per Share Basic earnings per share has been computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the respective period. Diluted earnings per share has been computed by dividing earnings available to common stockholders by the weighted average shares outstanding during the respective period, after adjusting for any potential dilution of options to purchase the Company's common stock, assumed vesting of restricted stock and the assumed conversion of the Company’s convertible debentures. The following table provides the computation of diluted weighted average number of common shares outstanding: Three Months Ended 2016 2015 Computation of diluted weighted average shares outstanding: Basic weighted average shares outstanding 52,685,765 51,673,160 Incremental shares from assumed exercise of stock options and vesting of restricted stock 1,698,945 1,952,481 Incremental shares from assumed conversion of convertible notes 144,878 — Diluted weighted average shares outstanding 54,529,588 53,625,641 The table includes the impact of all stock options and restricted stock that are dilutive to the Company’s weighted average common shares outstanding during the three months ended March 31, 2016 and 2015 . The calculation of diluted earnings per share excludes stock options or shares of restricted stock that are anti-dilutive to the Company’s weighted average common shares outstanding of approximately 418,000 and 991,000 for the three months ended March 31, 2016 and 2015 , respectively. During the three months ended March 31, 2016 and 2015 , the Company had convertible notes outstanding that, if converted, could have had a potentially dilutive effect on its common stock. At issuance, the Company stated its intent to settle any conversion of these notes by paying cash for the principal value and issuing common stock for any conversion value in excess of the principal value. As of March 31, 2016 , and currently, the Company maintains the intent and ability to settle any conversion as stated. Accordingly, the convertible notes would only have a dilutive effect if the market price per share of common stock exceeds the conversion price per share of common stock, which it did as of March 31, 2016. Therefore, according to Accounting Standards Codification ("ASC") Topic 260, Earnings per Share , these notes were dilutive to earnings per share for the three months ended March 31, 2016 . See Note 7, Debt Obligations, for more information about the convertible notes. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss consists entirely of foreign currency translation adjustments. The Company recorded foreign currency translation gain of $34.7 million and loss of $55.3 million for the three months ended March 31, 2016 and 2015 , respectively. There were no reclassifications of foreign currency translation into the consolidated statements of income for the three months ended March 31, 2016 and 2015 . Share Repurchase In January 2016, the Company announced that its Board of Directors authorized a stock repurchase program ("2016 Program") allowing us to repurchase up to $100 million in value or 5.0 million shares of its common stock through December 10, 2017. During the three months ended March 31, 2016 , the Company repurchased 1.1 million shares at a weighted average purchase price of $65.74 for a total value of $75.6 million during the first quarter of 2016.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2016
Acquisitions [Abstract]
Acquisitions	ACQUISITIONS XE Corporation During the first quarter of 2016, the Company completed its valuation of the acquired assets and liabilities of the 2015 acquisition of XE Corporation and subsidiaries (“XE”), which included an adjustment to goodwill of $3.9 million during the quarter. The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date. (in thousands) As of July 2, 2015 Cash and cash equivalents $ 1,872 Other current assets 1,294 Intangible assets 19,269 Other long-term assets 341 Deferred tax assets 161 Total assets acquired 22,937 Trade accounts payable (26 ) Accrued expenses and other current liabilities (11,824 ) Other long-term liabilities (571 ) Total liabilities assumed (12,421 ) Goodwill 109,460 Net assets acquired $ 119,976 IME In the first quarter of 2016, the Company adjusted the purchase price allocation of the 2015 acquisition of IME(M) Sdn Bhd and certain affiliated companies (“IME”). The adjustments included a net adjustment to goodwill of $1.3 million , which resulted from a working capital adjustment and the finalization of the estimated fair value of the assets acquired and liabilities assumed as of the acquisition date. The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date. (in thousands) As of June 17, 2015 Cash and cash equivalents $ 33,279 Other current assets 21,566 Intangible assets 36,250 Other long-term assets 5,327 Total assets acquired 96,422 Trade accounts payable (2,766 ) Accrued expenses and other current liabilities (2,743 ) Settlement obligations and customer deposits (30,541 ) Deferred tax liabilities (9,063 ) Other long-term liabilities (858 ) Total liabilities assumed (45,971 ) Goodwill 31,443 Net assets acquired $ 81,894

Goodwill and Acquired Intangibl

Goodwill and Acquired Intangible Assets, Net	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Acquired Intangible Assets, Net	GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET A summary of acquired intangible assets and goodwill activity for the three months ended March 31, 2016 is presented below: (in thousands) Acquired Intangible Assets Goodwill Total Intangible Assets Balance as of December 31, 2015 $ 167,972 $ 685,178 $ 853,150 Increases (Decreases): Acquisitions 5,022 (2,558 ) 2,464 Amortization (6,454 ) — (6,454 ) Other (primarily changes in foreign currency exchange rates) 3,763 21,829 25,592 Balance as of March 31, 2016 $ 170,303 $ 704,449 $ 874,752 Estimated amortization expense on intangible assets with finite lives, before income taxes, as of March 31, 2016 , is expected to total $19.1 million for the remainder of 2016, $23.5 million for 2017, $21.2 million for 2018, $20.4 million for 2019, $19.8 million for 2020 and $18.9 million for 2021. The Company’s annual goodwill impairment test is performed during the fourth quarter of its fiscal year. The annual impairment test for the year ended December 31, 2015 resulted in no impairment charge. Determining the fair value of reporting units requires significant management judgment in estimating future cash flows and assessing potential market and economic conditions. It is reasonably possible that the Company’s operations will not perform as expected, or that the estimates or assumptions included in the 2015 annual impairment test could change, which may result in the Company recording material non-cash impairment charges during the year in which these changes take place.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
	Mar. 31, 2016
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]
Accrued Expenses and Other Current Liabilities	ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consist of the following: As of (in thousands) March 31, 2016 December 31, 2015 Accrued expenses $ 121,236 $ 125,366 Money transfer settlement obligations 192,744 159,854 Accrued amounts due to mobile operators and other content providers 90,610 71,762 Derivative liabilities 37,181 25,891 Total $ 441,771 $ 382,873

Debt Obligations

Debt Obligations	3 Months Ended
	Mar. 31, 2016
DEBT OBLIGATIONS [Abstract]
Debt Obligations	DEBT OBLIGATIONS Debt obligations consist of the following: As of (in thousands) March 31, 2016 December 31, 2015 Credit Facility: Term loan, due 2019 $ 65,625 $ 67,031 Revolving credit agreements, due 2019 79,544 7,701 145,169 74,732 Convertible Debt: 1.50% convertible notes, unsecured, due 2044 350,431 347,878 Other obligations 4,965 5,731 Total debt obligations 500,565 428,341 Unamortized debt issuance costs (10,246 ) (10,809 ) Carrying value of debt 490,319 417,532 Short-term debt obligations and current maturities of long-term debt obligations (11,709 ) (12,060 ) Long-term debt obligations $ 478,610 $ 405,472 Credit Facility As of March 31, 2016 , the Company had a $675 million senior secured credit facility (the "Credit Facility") consisting of a $600 million revolving credit facility and a $75 million term loan ("Term Loan A"), which had been reduced to $65.6 million through principal amortization payments. The Credit Facility expires April 9, 2019 . Interest on borrowings under the revolving credit facility and Term Loan A varies based upon the Company's consolidated total leverage ratio, as defined in the Company's credit agreement, and is based on a margin over the London Inter-Bank Offered Rate (“LIBOR”) or a margin over a base rate, as selected by the Company, with the applicable margin ranging from 1.375% to 2.375% for LIBOR loans or 0.375% to 1.375% for base rate loans. Accordingly, the weighted average interest rate for borrowings outstanding under the Company's revolving credit facility and Term Loan A was 2.59% and 1.81% , respectively, as of March 31, 2016 . Convertible Debt The Convertible Senior Notes due 2044 (“Convertible Notes”) had a principal amount outstanding of $402.5 million as of March 31, 2016 . Contractual interest expense was $1.5 million for both of the three-month periods ended March 31, 2016 and 2015 . Accretion expense was $2.6 million and $2.4 million for the three months ended March 31, 2016 and 2015 , respectively. The effective interest rate was 4.7% for the three months ended March 31, 2016 . As of March 31, 2016 , the unamortized discount was $52.1 million , and will be amortized through October 1, 2020.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Mar. 31, 2016
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company is exposed to foreign currency exchange risk resulting from (i) the collection of funds or the settlement of money transfer transactions in currencies other than the U.S. Dollar, (ii) derivative contracts written to its customers in connection with providing cross-currency money transfer services and (iii) short-term borrowings that are payable in currencies other than the U.S dollar. The Company enters into foreign currency derivative contracts, primarily foreign currency forwards and cross-currency swaps, to minimize its exposure related to fluctuations in foreign currency exchange rates. As a matter of Company policy, the derivative instruments used in these activities are economic hedges and are not designated as hedges under ASC Topic 815, Derivatives and Hedging, primarily due to either the relatively short duration of the contract term or the effects of fluctuations in currency exchange rates being reflected concurrently in earnings for both the derivative instrument and the transaction and having an offsetting effect. Foreign currency exchange contracts - Ria Operations In the United States, the Company uses short-duration foreign currency forward contracts, generally with maturities up to 14 days , to offset the fluctuation in foreign currency exchange rates on the collection of money transfer funds between initiation of a transaction and its settlement. Due to the short duration of these contracts and the Company’s credit profile, the Company is generally not required to post collateral with respect to these foreign currency forward contracts. Most derivative contracts executed with counterparties in the U.S. are governed by an International Swaps and Derivatives Association agreement that includes standard netting arrangements; therefore, asset and liability positions from forward contracts and all other foreign exchange transactions with the same counterparty are net settled upon maturity. As of March 31, 2016 , the Company had foreign currency forward contracts outstanding in the U.S. with a notional value of $207 million , primarily in Australian dollars, Canadian dollars, British pounds, euros and Mexican pesos. Foreign currency exchange contracts - HiFX Operations HiFX writes derivative instruments, primarily foreign currency forward contracts and cross-currency swaps, mostly with counterparties comprised of individuals and small-to-medium size businesses and derives a currency margin from this activity as part of its operations. HiFX aggregates its foreign currency exposures arising from customer contracts and may hedge some or all of the resulting net currency risks by entering into offsetting contracts with established financial institution counterparties. Foreign exchange revenues from HiFX's total portfolio of positions were $15.2 million and $15.7 million for the three months ended March 31, 2016 , and 2015 , respectively. All of the derivative contracts used in the Company's HiFX operations are economic hedges and are not designated as hedges under ASC Topic 815 . The duration of these derivative contracts is generally less than one year. The fair value of HiFX's total portfolio of positions can change significantly from period to period based on, among other factors, market movements and changes in customer contract positions. HiFX manages counterparty credit risk (the risk that counterparties will default and not make payments according to the terms of the agreements) on an individual counterparty basis. It mitigates this risk by entering into contracts with collateral posting requirements and/or by performing financial assessments prior to contract execution, conducting periodic evaluations of counterparty performance and maintaining a diverse portfolio of qualified counterparties. HiFX does not expect any significant losses from counterparty defaults. The aggregate equivalent U.S. dollar notional amounts of foreign currency derivative customer contracts held by the Company in its HiFX operations as of March 31, 2016 was approximately $952 million . The majority of customer contracts are written in major currencies such as the U.S. dollar, euro, Canadian dollar, British pound, and Australian dollar. Balance Sheet Presentation The following table summarizes the fair value of the derivative instruments as recorded in the Consolidated Balance Sheets as of the dates below: Asset Derivatives Liability Derivatives Fair Value Fair Value (in thousands) Balance Sheet Location March 31, 2016 December 31, 2015 Balance Sheet Location March 31, 2016 December 31, 2015 Derivatives not designated as hedging instruments Foreign currency exchange contracts Other current assets $ 50,268 $ 37,034 Other current liabilities $ (37,181 ) $ (25,891 ) The following tables summarize the gross and net fair value of derivative assets and liabilities as of March 31, 2016 and December 31, 2015 (in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Consolidated Balance Sheet As of March 31, 2016 Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts Presented in the Consolidated Balance Sheet Financial Instruments Cash Collateral Received Net Amounts Derivatives subject to a master netting arrangement or similar agreement $ 50,268 $ 50,268 $ (25,630 ) $ (7,155 ) $ 17,483 As of December 31, 2015 Derivatives subject to a master netting arrangement or similar agreement $ 37,034 $ — $ 37,034 $ (19,786 ) $ (6,415 ) $ 10,833 Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheet As of March 31, 2016 Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts Presented in the Consolidated Balance Sheet Financial Instruments Cash Collateral Paid Net Amounts Derivatives subject to a master netting arrangement or similar agreement $ (37,181 ) $ (37,181 ) $ 25,630 $ 4,401 $ (7,150 ) As of December 31, 2015 Derivatives subject to a master netting arrangement or similar agreement $ (25,891 ) $ — $ (25,891 ) $ 19,786 $ 1,741 $ (4,364 ) Income Statement Presentation The following tables summarize the location and amount of gains and losses of derivatives in the Consolidated Statements of Income for the three months ended March 31, 2016 and 2015 : Amount of Gain (Loss) Recognized in Income on Derivative Contracts (a) Location of Gain (Loss) Recognized in Income on Derivative Contracts Three Months Ended (in thousands) 2016 2015 Foreign currency exchange contracts - Ria Operations Foreign currency exchange gain (loss), net $ (1,080 ) $ 1,889 (a) The Company enters into derivative contracts such as foreign currency exchange forwards and cross-currency swaps as part of its HiFX operations. These derivative contracts are excluded from this table as they are part of the broader disclosure of foreign currency exchange revenues for this business discussed above. See Note 9, Fair Value Measurements, for the determination of the fair values of derivatives.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Fair value measurements used in the unaudited consolidated financial statements are based upon the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: • Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2 – Valuations based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. • Level 3 – Unobservable inputs in which little or no market activity exists, therefore requiring an entity to develop its own assumptions about the inputs that market participants would use in pricing. The following table details financial assets and liabilities measured and recorded at fair value on a recurring basis: As of March 31, 2016 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 50,268 $ — $ 50,268 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (37,181 ) $ — $ (37,181 ) As of December 31, 2015 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 37,034 $ — $ 37,034 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (25,891 ) $ — $ (25,891 ) Other Fair Value Disclosures The carrying amounts of cash and cash equivalents, accounts receivable, trade accounts payable, accrued expenses and other current obligations approximate their fair values because of the relatively short-term maturities of these financial instruments. The carrying values of the Company’s long-term debt (other than the Convertible Notes), including the current portion, approximate fair value because interest is primarily based on LIBOR, which resets at various intervals of less than one year. The Company estimates the fair value of the Convertible Notes using quoted prices in inactive markets for identical liabilities (Level 2). As of March 31, 2016 and December 31, 2015, the fair values of the Convertible Notes were $512.3 million and $509.7 million , respectively, with carrying values of $350.4 million and $347.9 million , respectively.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Information [Abstract]
Segment Information	SEGMENT INFORMATION The Company’s reportable operating segments have been determined in accordance with ASC Topic 280, Segment Reporting. The Company currently operates in the following three reportable operating segments: 1) Through the EFT Processing Segment, the Company processes transactions for a network of ATMs and POS terminals across Europe, the Middle East and Asia Pacific. The Company provides comprehensive electronic payment solutions consisting of ATM cash withdrawal services, ATM network participation, outsourced ATM and POS management solutions, credit and debit card outsourcing, dynamic currency conversion and other value added services. Through this segment, the Company also offers a suite of integrated electronic financial transaction software solutions for electronic payment and transaction delivery systems. 2) Through the epay Segment, the Company provides distribution, processing and collection services for prepaid mobile airtime and other electronic payment products in Europe, the Middle East, Asia Pacific, the United States and South America. 3) Through the Money Transfer Segment, the Company provides global money transfer services under the brand names Ria, HiFX, IME and XE. Ria and IME provide global consumer-to-consumer money transfer services through a network of sending agents, Company-owned stores and Company-owned websites, disbursing money transfers through a worldwide correspondent network. HiFX offers account-to-account international payment services to high-income individuals and small-to-medium sized businesses. XE is a provider of foreign currency exchange information and offers money transfers on its currency data websites, which are executed by a third party. The Company also offers customers bill payment services, payment alternatives such as money orders and prepaid debit cards, comprehensive check cashing services, foreign currency exchange services and mobile top-up. The Company provides cash management solutions and foreign currency risk management services to small-to-medium sized businesses under the brand name HiFM. In addition, the Company accounts for non-operating activity, most share-based compensation expense, certain intersegment eliminations and the costs of providing corporate and other administrative services in its administrative division, “Corporate Services, Eliminations and Other.” These services are not directly identifiable with the Company’s reportable operating segments. The following tables present the Company’s reportable segment results for the three months ended March 31, 2016 and 2015 : For the Three Months Ended March 31, 2016 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 86,569 $ 170,105 $ 181,573 $ (353 ) $ 437,894 Operating expenses: Direct operating costs 46,747 130,162 95,070 (353 ) 271,626 Salaries and benefits 11,406 12,095 36,843 6,893 67,237 Selling, general and administrative 6,298 8,967 20,814 1,775 37,854 Depreciation and amortization 8,848 3,066 7,320 54 19,288 Total operating expenses 73,299 154,290 160,047 8,369 396,005 Operating income (expense) $ 13,270 $ 15,815 $ 21,526 $ (8,722 ) $ 41,889 For the Three Months Ended March 31, 2015 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 74,680 $ 175,925 $ 144,806 $ (249 ) $ 395,162 Operating expenses: Direct operating costs 39,129 137,217 75,220 (209 ) 251,357 Salaries and benefits 11,006 12,045 31,093 6,184 60,328 Selling, general and administrative 5,770 8,013 17,961 2,290 34,034 Depreciation and amortization 7,405 3,077 6,728 70 17,280 Total operating expenses 63,310 160,352 131,002 8,335 362,999 Operating income (expense) $ 11,370 $ 15,573 $ 13,804 $ (8,584 ) $ 32,163 The following table presents the Company’s property and equipment and total assets by reportable segment: Property and Equipment, net as of Total Assets as of (in thousands) March 31, 2016 December 31, 2015 March 31, 2016 December 31, 2015 EFT Processing $ 109,555 $ 99,798 $ 539,891 $ 469,351 epay 24,722 24,834 610,175 646,000 Money Transfer 35,317 32,591 1,067,137 1,040,737 Corporate Services, Eliminations and Other 125 145 15,016 36,626 Total $ 169,719 $ 157,368 $ 2,232,219 $ 2,192,714

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
INCOME TAXES [Abstract]
Income Taxes	INCOME TAXES The Company's effective income tax rates were 23.9% and 49.5% for the three months ended March 31, 2016 and 2015, respectively. The effective income tax rate for the three months ended March 31, 2015 was significantly influenced by foreign currency exchange losses, most of which are not currently deductible for income tax purposes, resulting in a higher effective income tax rate when compared to the same period of 2016. The Company's effective income tax rates for the three months ended March 31, 2016 and 2015, as adjusted for foreign currency exchange gains and losses, were lower than the applicable statutory income tax rate of 35% primarily because of the Company's U.S. income tax positions. The Company does not have a history of significant taxable income in the U.S.; therefore, the Company has recorded a valuation allowance against its U.S. federal tax net operating loss carryforwards. Accordingly, in instances when the Company's U.S. legal entities generate pre-tax U.S. GAAP income, no income tax expense is recognized to the extent there are net operating loss carryforwards to offset pre-tax U.S. GAAP income.

Commitments

Commitments	3 Months Ended
	Mar. 31, 2016
Other Commitments [Line Items]
Commitments	COMMITMENTS As of March 31, 2016 , the Company had $72.4 million of stand-by letters of credit/bank guarantees issued on its behalf, of which $46.5 million are outstanding under the revolving credit facility. The remaining stand-by letters of credit/bank guarantees are collateralized by $3.3 million of cash deposits held by the respective issuing banks. Under certain circumstances, Euronet grants guarantees in support of obligations of subsidiaries. As of March 31, 2016 , the Company had granted off balance sheet guarantees for cash in various ATM networks amounting to $15.9 million over the terms of the cash supply agreements and performance guarantees amounting to approximately $24.6 million over the terms of agreements with the customers. Once each of Euronet's subsidiaries reaches a certain size, it is required under the Credit Facility to provide a guarantee of all or a portion of the outstanding obligations under the Credit Facility depending upon whether the subsidiary is a domestic or foreign entity. From time to time, the Company enters into agreements with commercial counterparties that contain indemnification provisions, the terms of which may vary depending on the negotiated terms of each respective agreement. The amount of such potential obligations is generally not stated in the agreements. Euronet's liability under such indemnification provisions may be mitigated by relevant insurance coverage and may be subject to time and materiality limitations, monetary caps and other conditions and defenses. Such indemnification obligations include the following: • In connection with contracts with financial institutions in the EFT Processing Segment, the Company is responsible for damage to ATMs and theft of ATM network cash that, generally, is not recorded on the Company’s Consolidated Balance Sheets. As of March 31, 2016 , the balance of cash used in the Company's ATM networks for which the Company was responsible was approximately $405 million . The Company maintains insurance policies to mitigate this exposure; • In connection with contracts with financial institutions in the EFT Processing Segment, the Company is responsible for losses suffered by its customers and other parties as a result of the breach of its computer systems, including in particular, losses arising from fraudulent transactions made using information stolen through its processing systems. The Company maintains insurance policies to mitigate this exposure; • In connection with the license of proprietary systems to customers, the Company provides certain warranties and infringement indemnities to the licensee, which generally warrant that such systems do not infringe on intellectual property owned by third parties and that the systems will perform in accordance with their specifications; • Euronet has entered into purchase and service agreements with vendors and consulting agreements with providers of consulting services, pursuant to which the Company has agreed to indemnify certain of such vendors and consultants, respectively, against third-party claims arising from the Company’s use of the vendor’s product or the services of the vendor or consultant; • In connection with acquisitions and dispositions of subsidiaries, operating units and business assets, the Company has entered into agreements containing indemnification provisions, which can be generally described as follows: (i) in connection with acquisitions of operating units or assets made by Euronet, the Company has agreed to indemnify the seller against third-party claims made against the seller relating to the operating unit or asset and arising after the closing of the transaction, and (ii) in connection with dispositions made by Euronet, Euronet has agreed to indemnify the buyer against damages incurred by the buyer due to the buyer’s reliance on representations and warranties relating to the subject subsidiary, operating unit or business assets in the disposition agreement if such representations or warranties were untrue when made; and • Euronet has entered into agreements with certain third parties, including banks that provide fiduciary and other services to Euronet or to the Company’s benefit plans. Under such agreements, the Company has agreed to indemnify such service providers for third-party claims relating to carrying out their respective duties under such agreements. The Company is also required to meet minimum capitalization and cash requirements of various regulatory authorities in the jurisdictions in which the Company has money transfer operations. The Company has obtained surety bonds in compliance with money transfer licensing requirements of the applicable governmental authorities. To date, the Company is not aware of any significant claims made by the indemnified parties or third parties to guarantee agreements with the Company and, accordingly, no liabilities were recorded as of March 31, 2016 or December 31, 2015 .

Litigation and Contingencies

Litigation and Contingencies	3 Months Ended
	Mar. 31, 2016
Loss Contingencies [Line Items]
Litigation and Contingencies	LITIGATION AND CONTINGENCIES From time to time, the Company is a party to legal or regulatory proceedings arising in the ordinary course of its business. Currently, there are no legal proceeding or regulatory findings that management believes, either individually or in the aggregate, would have a material adverse effect on the Company's consolidated financial condition or results of operations. In accordance with U.S. GAAP, the Company records a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case.

Recent Accounting Pronouncement

Recent Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2016
Summary of Significant Accounting Policies and Practices [Abstract]
Recently Issued and Adopted Accounting Pronouncements	In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”), which addresses how companies account for certain aspects of share-based payments to employees. Entities will be required to recognize the income tax effects of awards in the statement of income when the awards vest or are settled, and to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity. The ASU also addresses such areas as an accounting policy election for forfeitures and the amount an employer can withhold to cover income taxes and still qualify for equity classification. The amendments in this ASU will be effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements. In March 2016, the FASB issued Accounting Standards Update No. 2016-06, Derivatives and Hedging (Topic 815), Contingent Put and Call Options in Debt Instruments (“ASU 2016-06”). The new standard clarifies that an entity is required to assess whether the economic characteristics and risks of embedded put or call options are clearly and closely related to those of their debt hosts only in accordance with the four-step decision sequence in ASU 815, Derivatives and Hedging. For contingently exercisable put or call options, an entity does not have to assess whether the event that triggers the ability to exercise a put or call option is related to interest rates or credit risk of the entity. The ASU does not change the existing criteria for determining when bifurcation of an embedded put or call option in a debt instrument is required. The amendments of this ASU are effective for annual periods beginning after December 15, 2016, with early adoption permitted. Entities are required to apply the guidance to existing debt instruments using a modified retrospective transition method as of the period of adoption. The Company does not expect the adoption of this ASU to have a significant impact on its consolidated financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update No. 2016-04, Recognition of Breakage for Certain Prepaid Stored-Value Products (“ASU 2016-04”). The new standard specifies that liabilities within its scope are considered to be financial liabilities, and amends the guidance in ASC 405-20, Extinguishments of Liabilities , by directing entities to derecognize prepaid stored-value product liabilities based on expected breakage in proportion to the pattern of rights expected to be exercised by the consumer. Derecognition for breakage is permitted only to the extent that it is probable that a significant reversal of recognized breakage will not subsequently occur. The new standard is consistent with the breakage guidance in the new revenue standard. The ASU is effective for annual periods beginning after December 15, 2017, and is applied either using a modified retrospective transition method or retrospectively. Early adoption is permitted. The Company is currently evaluating the expected impact of the adoption of this standard on its consolidated financial statements and related disclosures. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), which will update the existing guidance on accounting for leases and require new qualitative and quantitative disclosures about the Company’s leasing activities. The new standard requires lessees to account for all leases on the balance sheet, except for certain short-term leases that have a maximum possible lease term of 12 months. The accounting for lessors is largely unchanged from the previous accounting guidance; except for leverage lease accounting which is not permitted for leases entered into or modified after the effective date of the new standard. The new standard is effective for annual periods beginning after December 15, 2018 and interim periods within those annual periods, with early adoption permitted. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that the Company may elect to apply. The Company is currently evaluating the expected impact of the adoption of this standard on its consolidated financial statements and related disclosures. In January 2016, the FASB issued Accounting Standards Update No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”), which addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within those annual periods. The Company does not expect that the adoption of this standard will have a significant impact on its consolidated financial statements and related disclosures. In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. In July 2015, the FASB approved a one-year deferral of the effective date of the new revenue recognition standard. The new standard will become effective for the Company on January 1, 2018 and the Company has the option to adopt it effective January 1, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net) (“ASU 2016-08”), which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. ASU 2016-08 clarifies how an entity should identify the unit of accounting (i.e., the specified good or service) for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. In April 2016, the FASB issued Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing (“ASU 2016-10”), which amends certain aspects of the guidance on identifying performance obligations and the implementation guidance on licensing. The Company is evaluating the effect the ASUs will have on its consolidated financial statements and related disclosures. The Company has not yet selected an adoption date, a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

Stocholders' Equity (Tables)

Stocholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares [Table Text Block]	The following table provides the computation of diluted weighted average number of common shares outstanding: Three Months Ended 2016 2015 Computation of diluted weighted average shares outstanding: Basic weighted average shares outstanding 52,685,765 51,673,160 Incremental shares from assumed exercise of stock options and vesting of restricted stock 1,698,945 1,952,481 Incremental shares from assumed conversion of convertible notes 144,878 — Diluted weighted average shares outstanding 54,529,588 53,625,641

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2016
XE [Member]
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date. (in thousands) As of July 2, 2015 Cash and cash equivalents $ 1,872 Other current assets 1,294 Intangible assets 19,269 Other long-term assets 341 Deferred tax assets 161 Total assets acquired 22,937 Trade accounts payable (26 ) Accrued expenses and other current liabilities (11,824 ) Other long-term liabilities (571 ) Total liabilities assumed (12,421 ) Goodwill 109,460 Net assets acquired $ 119,976
IME [Member]
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date. (in thousands) As of June 17, 2015 Cash and cash equivalents $ 33,279 Other current assets 21,566 Intangible assets 36,250 Other long-term assets 5,327 Total assets acquired 96,422 Trade accounts payable (2,766 ) Accrued expenses and other current liabilities (2,743 ) Settlement obligations and customer deposits (30,541 ) Deferred tax liabilities (9,063 ) Other long-term liabilities (858 ) Total liabilities assumed (45,971 ) Goodwill 31,443 Net assets acquired $ 81,894

Goodwill and Acquired Intangi23

Goodwill and Acquired Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	A summary of acquired intangible assets and goodwill activity for the three months ended March 31, 2016 is presented below: (in thousands) Acquired Intangible Assets Goodwill Total Intangible Assets Balance as of December 31, 2015 $ 167,972 $ 685,178 $ 853,150 Increases (Decreases): Acquisitions 5,022 (2,558 ) 2,464 Amortization (6,454 ) — (6,454 ) Other (primarily changes in foreign currency exchange rates) 3,763 21,829 25,592 Balance as of March 31, 2016 $ 170,303 $ 704,449 $ 874,752

Accrued Expenses and Other Cu24

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities [Table Text Block]	Accrued expenses and other current liabilities consist of the following: As of (in thousands) March 31, 2016 December 31, 2015 Accrued expenses $ 121,236 $ 125,366 Money transfer settlement obligations 192,744 159,854 Accrued amounts due to mobile operators and other content providers 90,610 71,762 Derivative liabilities 37,181 25,891 Total $ 441,771 $ 382,873

Debt Obligations (Tables)

Debt Obligations (Tables)	3 Months Ended
	Mar. 31, 2016
DEBT OBLIGATIONS [Abstract]
Schedule of Debt [Table Text Block]	Debt obligations consist of the following: As of (in thousands) March 31, 2016 December 31, 2015 Credit Facility: Term loan, due 2019 $ 65,625 $ 67,031 Revolving credit agreements, due 2019 79,544 7,701 145,169 74,732 Convertible Debt: 1.50% convertible notes, unsecured, due 2044 350,431 347,878 Other obligations 4,965 5,731 Total debt obligations 500,565 428,341 Unamortized debt issuance costs (10,246 ) (10,809 ) Carrying value of debt 490,319 417,532 Short-term debt obligations and current maturities of long-term debt obligations (11,709 ) (12,060 ) Long-term debt obligations $ 478,610 $ 405,472

Derivative Instruments and He26

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2016
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following table summarizes the fair value of the derivative instruments as recorded in the Consolidated Balance Sheets as of the dates below: Asset Derivatives Liability Derivatives Fair Value Fair Value (in thousands) Balance Sheet Location March 31, 2016 December 31, 2015 Balance Sheet Location March 31, 2016 December 31, 2015 Derivatives not designated as hedging instruments Foreign currency exchange contracts Other current assets $ 50,268 $ 37,034 Other current liabilities $ (37,181 ) $ (25,891 )
Offsetting Assets and Liabilities [Table Text Block]	The following tables summarize the gross and net fair value of derivative assets and liabilities as of March 31, 2016 and December 31, 2015 (in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Consolidated Balance Sheet As of March 31, 2016 Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts Presented in the Consolidated Balance Sheet Financial Instruments Cash Collateral Received Net Amounts Derivatives subject to a master netting arrangement or similar agreement $ 50,268 $ 50,268 $ (25,630 ) $ (7,155 ) $ 17,483 As of December 31, 2015 Derivatives subject to a master netting arrangement or similar agreement $ 37,034 $ — $ 37,034 $ (19,786 ) $ (6,415 ) $ 10,833 Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheet As of March 31, 2016 Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts Presented in the Consolidated Balance Sheet Financial Instruments Cash Collateral Paid Net Amounts Derivatives subject to a master netting arrangement or similar agreement $ (37,181 ) $ (37,181 ) $ 25,630 $ 4,401 $ (7,150 ) As of December 31, 2015 Derivatives subject to a master netting arrangement or similar agreement $ (25,891 ) $ — $ (25,891 ) $ 19,786 $ 1,741 $ (4,364 )
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following tables summarize the location and amount of gains and losses of derivatives in the Consolidated Statements of Income for the three months ended March 31, 2016 and 2015 : Amount of Gain (Loss) Recognized in Income on Derivative Contracts (a) Location of Gain (Loss) Recognized in Income on Derivative Contracts Three Months Ended (in thousands) 2016 2015 Foreign currency exchange contracts - Ria Operations Foreign currency exchange gain (loss), net $ (1,080 ) $ 1,889 (a) The Company enters into derivative contracts such as foreign currency exchange forwards and cross-currency swaps as part of its HiFX operations. These derivative contracts are excluded from this table as they are part of the broader disclosure of foreign currency exchange revenues for this business discussed above.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following table details financial assets and liabilities measured and recorded at fair value on a recurring basis: As of March 31, 2016 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 50,268 $ — $ 50,268 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (37,181 ) $ — $ (37,181 ) As of December 31, 2015 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 37,034 $ — $ 37,034 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (25,891 ) $ — $ (25,891 )

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Information [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following tables present the Company’s reportable segment results for the three months ended March 31, 2016 and 2015 : For the Three Months Ended March 31, 2016 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 86,569 $ 170,105 $ 181,573 $ (353 ) $ 437,894 Operating expenses: Direct operating costs 46,747 130,162 95,070 (353 ) 271,626 Salaries and benefits 11,406 12,095 36,843 6,893 67,237 Selling, general and administrative 6,298 8,967 20,814 1,775 37,854 Depreciation and amortization 8,848 3,066 7,320 54 19,288 Total operating expenses 73,299 154,290 160,047 8,369 396,005 Operating income (expense) $ 13,270 $ 15,815 $ 21,526 $ (8,722 ) $ 41,889 For the Three Months Ended March 31, 2015 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 74,680 $ 175,925 $ 144,806 $ (249 ) $ 395,162 Operating expenses: Direct operating costs 39,129 137,217 75,220 (209 ) 251,357 Salaries and benefits 11,006 12,045 31,093 6,184 60,328 Selling, general and administrative 5,770 8,013 17,961 2,290 34,034 Depreciation and amortization 7,405 3,077 6,728 70 17,280 Total operating expenses 63,310 160,352 131,002 8,335 362,999 Operating income (expense) $ 11,370 $ 15,573 $ 13,804 $ (8,584 ) $ 32,163 The following table presents the Company’s property and equipment and total assets by reportable segment: Property and Equipment, net as of Total Assets as of (in thousands) March 31, 2016 December 31, 2015 March 31, 2016 December 31, 2015 EFT Processing $ 109,555 $ 99,798 $ 539,891 $ 469,351 epay 24,722 24,834 610,175 646,000 Money Transfer 35,317 32,591 1,067,137 1,040,737 Corporate Services, Eliminations and Other 125 145 15,016 36,626 Total $ 169,719 $ 157,368 $ 2,232,219 $ 2,192,714

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Stockholders' Equity [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	418,000	991,000
Translation adjustment	$ 34,702	$ (55,340)
2016 Share Repurchase Plan [Member]
Stockholders' Equity [Line Items]
Stock Repurchase Program, Authorized Amount	$ 100,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	5,000,000
Treasury Stock, Shares, Acquired	1,149,571
Treasury Stock Acquired, Average Cost Per Share	$ 65.74
Treasury Stock, Value, Acquired, Cost Method	$ 75,600

Stockholders' Equity Earnings P

Stockholders' Equity Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Weighted average number of shares outstanding - basic	52,685,765	51,673,160
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	1,698,945	1,952,481
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities	144,878	0
Weighted Average Number of Shares Outstanding, Diluted	54,529,588	53,625,641

Acquisitions (Details)

Acquisitions (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Jul. 02, 2015	Jun. 17, 2015
Business Acquisition [Line Items]
Goodwill	$ 704,449,000	$ 685,178,000
IME [Member]
Business Acquisition [Line Items]
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles	1,300,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents				$ 33,279,000
Goodwill				31,443,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets				21,566,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				36,250,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets				5,327,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets				96,422,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable				(2,766,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other				(2,743,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Settlement Obligations and Customer Deposits				(30,541,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent				(9,063,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities				(858,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities				(45,971,000)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net				$ 81,894,000
XE [Member]
Business Acquisition [Line Items]
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles	$ 3,900,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents			$ 1,872,000
Goodwill			109,460,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets			1,294,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles			19,269,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets			341,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets			22,937,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable			(26,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other			(11,824,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities			(571,000)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities			(12,421,000)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net			119,976,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent			$ 161,000

Goodwill and Acquired Intangi32

Goodwill and Acquired Intangible Assets, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Goodwill and Finite-lived Intangible Assets Rollforward [Roll Forward]
Finite-Lived Intangible Assets, Net	$ 170,303	$ 167,972
Finite-Lived Intangible Assets, Amortization Expense	(6,454)
Finite-lived intangible assets, other changes	3,763
Goodwill	704,449	685,178
Goodwill, Other Changes	21,829
Intangible Assets, Net (Including Goodwill)	874,752	$ 853,150
Total intangible assets amortization expense	(6,454)
Total intangible assets, other changes	25,592
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	19,100
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	23,500
Finite-Lived Intangible Assets, Amortization Expense, Year Two	21,200
Finite-Lived Intangible Assets, Amortization Expense, Year Three	20,400
Finite-Lived Intangible Assets, Amortization Expense, Year Four	19,800
Finite-Lived Intangible Assets, Amortization Expense, Year Five	18,900
Finite-lived Intangible Assets Acquired	5,022
Goodwill, Acquired During Period	(2,558)
Total intangible assets acquired during period	$ 2,464

Accrued Expenses and Other Cu33

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]
Accrued expenses	$ 121,236	$ 125,366
Accrued amounts due to mobile operators and other content providers	90,610	71,762
Money transfer settlement obligations	192,744	159,854
Derivative liabilities	37,181	25,891
Accrued expenses and other current liabilities	$ 441,771	$ 382,873

Debt Obligations (Narrative) (D

Debt Obligations (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Apr. 09, 2014
Debt Instrument [Line Items]
Term Loan A	$ 65,625		$ 67,031
Revolving Credit Facility, Interest Rate at Period End	2.59%
Term Loan A, Weighted Average Interest Rate	1.81%
Debt Instrument, Face Amount	$ 402,500
Minimum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.375%
Minimum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.375%
Maximum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.375%
Maximum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.375%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 600,000
Term Loan A [Member]
Debt Instrument [Line Items]
Term Loan A				$ 75,000
Senior Secured Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 675,000
Credit Facility Expiration Date	Apr. 9, 2019
1.5% Issue [Member]
Debt Instrument [Line Items]
Interest Expense, Debt	$ 1,500
Amortization of Debt Discount (Premium)	$ 2,600	$ 2,400
Debt Instrument, Interest Rate During Period	4.70%
Debt Instrument, Unamortized Discount	$ 52,100

Debt Obligations (Details)

Debt Obligations (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Total Debt [Roll Forward]
Term Loan A	$ 65,625	$ 67,031
Revolving Credit Facility	79,544	7,701
Line of Credit Facility, Fair Value of Amount Outstanding	145,169	74,732
Convertible Debt	350,431	347,878
Other Debt	4,965	5,731
Debt, Long-term and Short-term, Combined Amount	500,565	428,341
Unamortized Debt Issuance Expense	(10,246)	(10,809)
Debt, net of debt issuance costs	490,319	417,532
Long-term Debt, Current Maturities	(11,709)	(12,060)
Debt obligations, net of current portion	$ 478,610	$ 405,472

Derivative Instruments and He36

Derivative Instruments and Hedging Activities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Ria Operations [Member] | Foreign Exchange Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	$ 207
HiFX Operations [Member] | Foreign Exchange Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	$ 952
Maximum [Member] | Ria Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign currency forward contract term	14 days
Trading Revenue [Member] | HiFX Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign Currency Exchange Margin	$ 15.2	$ 15.7

Derivative Instruments and He37

Derivative Instruments and Hedging Activities (Details 1) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Foreign Currency Derivative Instruments, Asset at Fair Value	$ 50,268	$ 37,034
Foreign Currency Derivative Instruments, Liability at Fair Value	$ (37,181)	$ (25,891)

Derivative Instruments and He38

Derivative Instruments and Hedging Activities (Details 2) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
Derivative Assets, Fair Value, Gross Assets	$ 50,268	$ 37,034
Gross Amount of Eligible Offsetting Recognized Derivative Liabilities		0
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	$ 50,268	37,034
Derivative Asset, Not Offset, Policy Election Deduction	(25,630)	(19,786)
Cash Collateral Received	(7,155)	(6,415)
Derivative Asset, Fair Value, Amount Offset Against Collateral	17,483	10,833
Derivative Liability, Fair Value, Gross Liability	$ (37,181)	(25,891)
Gross Amount of Eligible Offsetting Recognized Derivative Assets		0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$ (37,181)	(25,891)
Derivative Liability, Not Offset, Policy Election Deduction	25,630	19,786
Cash Collateral Paid	4,401	1,741
Derivative Liability, Fair Value, Amount Offset Against Collateral	$ (7,150)	$ (4,364)

Derivative Instruments and He39

Derivative Instruments and Hedging Activities (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Ria Operations [Member] | Foreign Currency Gain (Loss) [Member]
Derivative Instruments, Loss [Line Items]
Gain (loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	$ (1,080)	$ 1,889

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debt, Fair Value Disclosures	$ 512,300,000	$ 509,700,000
Convertible Debt	350,431,000	347,878,000
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	50,268,000	37,034,000
Foreign Currency Contracts, Liability, Fair Value Disclosure	(37,181,000)	(25,891,000)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0
Foreign Currency Contracts, Liability, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	50,268,000	37,034,000
Foreign Currency Contracts, Liability, Fair Value Disclosure	(37,181,000)	(25,891,000)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0
Foreign Currency Contracts, Liability, Fair Value Disclosure	$ 0	$ 0

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenues	$ 437,894	$ 395,162
Direct operating costs	271,626	251,357
Salaries and benefits	67,237	60,328
Selling, general and administrative	37,854	34,034
Depreciation and amortization	19,288	17,280
Total operating expenses	396,005	362,999
Operating income (expense)	41,889	32,163
Property, Plant and Equipment, Net	169,719		$ 157,368
Assets	2,232,219		2,192,714
Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	86,569	74,680
Direct operating costs	46,747	39,129
Salaries and benefits	11,406	11,006
Selling, general and administrative	6,298	5,770
Depreciation and amortization	8,848	7,405
Total operating expenses	73,299	63,310
Operating income (expense)	13,270	11,370
Property, Plant and Equipment, Net	109,555		99,798
Assets	539,891		469,351
Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	170,105	175,925
Direct operating costs	130,162	137,217
Salaries and benefits	12,095	12,045
Selling, general and administrative	8,967	8,013
Depreciation and amortization	3,066	3,077
Total operating expenses	154,290	160,352
Operating income (expense)	15,815	15,573
Property, Plant and Equipment, Net	24,722		24,834
Assets	610,175		646,000
Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	181,573	144,806
Direct operating costs	95,070	75,220
Salaries and benefits	36,843	31,093
Selling, general and administrative	20,814	17,961
Depreciation and amortization	7,320	6,728
Total operating expenses	160,047	131,002
Operating income (expense)	21,526	13,804
Property, Plant and Equipment, Net	35,317		32,591
Assets	1,067,137		1,040,737
Corporate Services, Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Revenues	(353)	(249)
Direct operating costs	(353)	(209)
Salaries and benefits	6,893	6,184
Selling, general and administrative	1,775	2,290
Depreciation and amortization	54	70
Total operating expenses	8,369	8,335
Operating income (expense)	(8,722)	$ (8,584)
Property, Plant and Equipment, Net	125		145
Assets	$ 15,016		$ 36,626

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income taxes [Line Items]
Effective Income Tax Rate	23.90%	49.50%

Commitments (Details)

Commitments (Details) $ in Millions	Mar. 31, 2016USD ($)
Other Commitments [Line Items]
Letters of Credit Outstanding, Amount	$ 72.4
Revolving Credit Facility [Member]
Other Commitments [Line Items]
Letters of Credit Outstanding, Amount	46.5
Cash and Cash Equivalents [Member]
Other Commitments [Line Items]
Pledged Assets, Not Separately Reported, Other	3.3
Guarantee Type, Other [Member]
Other Commitments [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	15.9
Performance Guarantee [Member]
Other Commitments [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	24.6
Indemnification Agreement [Member]
Other Commitments [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 405