Euronet Worldwide (EEFT) 10-Q 8 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Aug. 07, 2019
Entity Information [Line Items]
Entity Incorporation, State or Country Code		DE
Entity Emerging Growth Company		false
Entity Small Business		false
Document Transition Report		false
Entity Tax Identification Number		74-2806888
Document Quarterly Report		true
Entity Address, Address Line One		3500 College Boulevard
Entity Address, City or Town		Leawood,
Entity Address, State or Province		KS
City Area Code	(913)
Phone Fax Number Description		327-4200
Entity Current Reporting Status		Yes
Entity Interactive Data Current		Yes
Entity Shell Company		false
Entity Registrant Name		EURONET WORLDWIDE INC
Entity Central Index Key		0001029199
Current Fiscal Year End Date		--12-31
Entity Filer Category		Large Accelerated Filer
Document Type		10-Q
Document Period End Date		Jun. 30, 2019
Entity File Number		001-31648
Document Fiscal Year Focus		2019
Document Fiscal Period Focus		Q2
Amendment Flag		false
Entity Common Stock, Shares Outstanding			54,486,877
Entity Address, Postal Zip Code		66211
Common Stock [Member]
Entity Information [Line Items]
Title of 12(b) Security		Common Stock
Trading Symbol		EEFT
Security Exchange Name		NASDAQ
1.375% Senior Notes due 2026 [Member]
Entity Information [Line Items]
Title of 12(b) Security		1.375% Senior Notes due 2026
Trading Symbol		EEFT
Security Exchange Name		NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,558,461	$ 1,054,357
Restricted cash	71,297	76,595
Trade accounts receivable, net of allowances for doubtful accounts of $24,937 at June 30, 2019 and $24,287 at December 31, 2018	836,713	693,616
Prepaid expenses and other current assets	235,279	263,019
Total current assets	2,701,750	2,087,587
Operating right of use lease asset	376,343
Property and equipment, net of accumulated depreciation of $381,771 at June 30, 2019 and $373,180 at December 31, 2018	324,298	291,869
Goodwill	706,367	704,197
Acquired intangible assets, net of accumulated amortization of $201,566 at June 30, 2019 and $190,920 at December 31, 2018	104,374	114,485
Other assets, net of accumulated amortization of $54,549 at June 30, 2019 and $50,821 at December 31, 2018	120,204	123,017
Total assets	4,333,336	3,321,155
Current liabilities:
Trade accounts payable	432,140	528,913
Accrued expenses and other current liabilities	791,213	712,012
Current portion of operating lease liabilities	124,131
Short-term debt obligations and current maturities of long-term debt obligations	23,998	38,017
Income taxes payable	47,490	40,159
Deferred revenue	62,455	59,293
Total current liabilities	1,481,427	1,378,394
Debt obligations, net of current portion	1,096,735	589,782
Operating lease obligations, net of current portion	241,630
Deferred income taxes	52,984	57,145
Other long-term liabilities	62,337	62,992
Total liabilities	2,935,113	2,088,313
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; 62,563,955 issued at June 30, 2019 and 59,897,309 issued at December 31, 2018	1,251	1,198
Additional paid-in-capital	1,172,834	1,104,264
Treasury stock, at cost, 8,083,716 shares at June 30, 2019 and 8,077,311 shares at December 31, 2018	(393,353)	(391,551)
Retained earnings	772,501	669,805
Accumulated other comprehensive loss	(155,050)	(151,043)
Total Euronet Worldwide, Inc. stockholders' equity	1,398,183	1,232,673
Noncontrolling interests	40	169
Total equity	1,398,223	1,232,842
Total liabilities and equity	$ 4,333,336	$ 3,321,155

Balance Sheet Parenthetical (Pa

Balance Sheet Parenthetical (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Allowance for doubtful accounts receivable	$ 24,937	$ 24,287
Accumulated depreciation of property and equipment	381,771	373,180
Accumulated amortization of intangible assets	201,566	190,920
Accumulated amortization of other assets	$ 54,549	$ 50,821
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	62,563,955	59,897,309
Treasury Stock, shares	8,083,716	8,077,311

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues	$ 691,867	$ 622,224	$ 1,269,376	$ 1,172,739
Operating expenses:
Direct operating costs	393,811	361,512	747,644	704,836
Salaries and benefits	98,550	91,723	191,345	177,429
Selling, general and administrative	53,842	52,357	101,989	102,368
Depreciation and amortization	27,767	26,263	54,407	52,265
Total operating expenses	573,970	531,855	1,095,385	1,036,898
Operating income	117,897	90,369	173,991	135,841
Other income (expense):
Interest income	513	416	856	712
Interest expense	(10,029)	(10,061)	(18,228)	(17,667)
Gain (Loss) on Extinguishment of Debt	(8,903)	0	(9,831)	0
Loss from unconsolidated affiliates	0	0	0	(117)
Foreign currency exchange (loss) gain, net	(121)	(20,690)	3,087	(18,755)
Other gains	(29)	29	(4)	60
Other (expense) income, net	(18,569)	(30,306)	(24,120)	(35,767)
Income before income taxes	99,328	60,063	149,871	100,074
Income tax expense	(31,323)	(16,427)	(47,287)	(30,094)
Net income	68,005	43,636	102,584	69,980
Net loss attributable to noncontrolling interests	148	88	112	157
Net income attributable to Euronet Worldwide, Inc.	$ 68,153	$ 43,724	$ 102,696	$ 70,137
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - basic	$ 1.28	$ 0.85	$ 1.95	$ 1.36
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - diluted	$ 1.25	$ 0.82	$ 1.90	$ 1.30
Weighted average number of shares outstanding - basic	53,212,759	51,226,898	52,546,647	51,563,090
Weighted average number of shares outstanding - diluted	54,702,459	53,492,835	53,945,770	53,871,279

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Net income	$ 68,005	$ 43,636	$ 102,584	$ 69,980
Translation adjustment	12,161	(58,533)	(4,024)	(35,585)
Comprehensive (loss) income	80,166	(14,897)	98,560	34,395
Comprehensive loss (income) attributable to noncontrolling interests	136	180	129	194
Comprehensive (loss) income attributable to Euronet Worldwide, Inc.	$ 80,302	$ (14,717)	$ 98,689	$ 34,589

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Net income	$ 102,584	$ 69,980
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	54,407	52,265
Share-based compensation	10,493	8,579
Unrealized foreign exchange loss (gain), net	(3,087)	18,755
Deferred income taxes	4,555	192
Gain (Loss) on Extinguishment of Debt	9,831
Loss from unconsolidated affiliates	0	117
Accretion of convertible debt discount and amortization of debt issuance costs	9,685	6,994
Changes in working capital, net of amounts acquired:
Income taxes payable, net	7,302	(729)
Trade accounts receivable	(146,441)	35,456
Prepaid expenses and other current assets	25,606	12,304
Trade accounts payable	(95,083)	(99,237)
Deferred revenue	3,457	(84)
Accrued expenses and other current liabilities	85,262	(35,553)
Changes in noncurrent assets and liabilities	(11,857)	265
Net cash provided by operating activities	56,714	69,304
Cash flows from investing activities:
Acquisitions, net of cash acquired	0	(12,854)
Purchases of property and equipment	(67,727)	(53,381)
Purchases of other long-term assets	(3,436)	(3,717)
Other, net	2,403	962
Net cash used in investing activities	(68,760)	(68,990)
Cash flows from financing activities:
Proceeds from issuance of shares	7,037	4,136
Repurchase of shares	(2,448)	(176,657)
Borrowings from revolving credit agreements	2,043,598	2,573,941
Repayments of revolving credit agreements	(2,253,498)	(2,333,885)
Proceeds from Convertible Debt	1,194,900	0
Repayments of long-term debt obligations	(446,702)	(6,199)
Borrowings from short-term debt obligations, net	(14,184)	302,841
Payments of Debt Issuance Costs	(19,673)
Other, net	(3,085)	(3,255)
Net cash provided by financing activities	505,945	360,922
Effect of exchange rate changes on cash and cash equivalents and restricted cash	4,907	(25,471)
Increase in cash and cash equivalents and restricted cash	498,806	335,765
Cash and cash equivalents and restricted cash, period start	1,130,952	900,518
Cash and cash equivalents and restricted cash, period end	1,629,758	1,236,283
Interest paid during the period	7,107	9,857
Income taxes paid during the period	$ 36,543	$ 31,710

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity Statement - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]
Total Euronet Worldwide Inc. stockholders' equity at Dec. 31, 2017	$ 1,199,478	$ 1,178	$ 1,072,005	$ (217,161)	$ 436,954	$ (94,458)	$ 960
Number of Shares Outstanding Period Start at Dec. 31, 2017	52,808,158
Number of Shares Outstanding Period End at Mar. 31, 2018	51,505,621
Net income	$ 26,344
Net income attributable to Euronet Worldwide, Inc.					26,413
Net income attributable to noncontrolling interest							(69)
Other comprehensive income (loss)	22,948					22,894	54
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		116,358
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	1,233	$ 2	2,468	(1,237)
Share-based compensation	4,029		4,029
Treasury Stock, Shares, Acquired		(1,418,895)
Treasury Stock, Value, Acquired, Cost Method	(125,000)			(125,000)
Total Euronet Worldwide Inc. stockholders' equity at Mar. 31, 2018	1,129,032	$ 1,180	1,078,502	(343,398)	463,367	(71,564)	945
Total Euronet Worldwide Inc. stockholders' equity at Dec. 31, 2017	$ 1,199,478	1,178	1,072,005	(217,161)	436,954	(94,458)	960
Number of Shares Outstanding Period Start at Dec. 31, 2017	52,808,158
Number of Shares Outstanding Period End at Jun. 30, 2018	50,981,871
Net income	$ 69,980
Net income attributable to Euronet Worldwide, Inc.	70,137
Net income attributable to noncontrolling interest	(157)
Total Euronet Worldwide Inc. stockholders' equity at Jun. 30, 2018	1,070,430	1,181	1,084,536	(393,138)	507,091	(130,006)	766
Total Euronet Worldwide Inc. stockholders' equity at Mar. 31, 2018	$ 1,129,032	$ 1,180	1,078,502	(343,398)	463,367	(71,564)	945
Number of Shares Outstanding Period Start at Mar. 31, 2018	51,505,621
Number of Shares Outstanding Period End at Jun. 30, 2018	50,981,871
Net income	$ 43,636
Net income attributable to Euronet Worldwide, Inc.	43,724				43,724
Net income attributable to noncontrolling interest	(88)						(88)
Other comprehensive income (loss)	(58,533)					(58,442)	(91)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		89,954
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	1,745	$ 1	1,484	260
Share-based compensation	4,550		4,550
Treasury Stock, Shares, Acquired		(613,704)
Treasury Stock, Value, Acquired, Cost Method	(50,000)			(50,000)
Total Euronet Worldwide Inc. stockholders' equity at Jun. 30, 2018	1,070,430	$ 1,181	1,084,536	(393,138)	507,091	(130,006)	766
Total Euronet Worldwide Inc. stockholders' equity at Dec. 31, 2018	$ 1,232,842	$ 1,198	1,104,264	(391,551)	669,805	(151,043)	169
Number of Shares Outstanding Period Start at Dec. 31, 2018	51,819,998
Number of Shares Outstanding Period End at Mar. 31, 2019	51,950,140
Net income	$ 34,579
Net income attributable to Euronet Worldwide, Inc.					34,543
Net income attributable to noncontrolling interest							36
Other comprehensive income (loss)	(16,185)					(16,156)	(29)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		130,136
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	3,441	$ 3	5,194	(1,756)
Share-based compensation	4,490		4,490
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt	71,660		71,660
Repurchases and conversions of convertible notes, net of tax		6
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt, Subsequent Adjustments	(42,917)		(42,917)
Total Euronet Worldwide Inc. stockholders' equity at Mar. 31, 2019	1,287,910	$ 1,201	1,142,691	(393,307)	704,348	(167,199)	176
Total Euronet Worldwide Inc. stockholders' equity at Dec. 31, 2018	$ 1,232,842	1,198	1,104,264	(391,551)	669,805	(151,043)	169
Number of Shares Outstanding Period Start at Dec. 31, 2018	51,819,998
Number of Shares Outstanding Period End at Jun. 30, 2019	54,480,239
Net income	$ 102,584
Net income attributable to Euronet Worldwide, Inc.	102,696
Net income attributable to noncontrolling interest	(112)
Total Euronet Worldwide Inc. stockholders' equity at Jun. 30, 2019	1,398,223	1,251	1,172,834	(393,353)	772,501	(155,050)	40
Total Euronet Worldwide Inc. stockholders' equity at Mar. 31, 2019	$ 1,287,910	$ 1,201	1,142,691	(393,307)	704,348	(167,199)	176
Number of Shares Outstanding Period Start at Mar. 31, 2019	51,950,140
Number of Shares Outstanding Period End at Jun. 30, 2019	54,480,239
Net income	$ 68,005
Net income attributable to Euronet Worldwide, Inc.	68,153				68,153
Net income attributable to noncontrolling interest	(148)						(148)
Other comprehensive income (loss)	12,161					12,149	12
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		41,856
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	1,694		1,740	(46)
Share-based compensation	$ 6,003		6,003
Stock Issued During Period, Shares, Conversion of Convertible Securities	2,500,000	2,488,243
Stock Issued During Period, Value, Conversion of Convertible Securities		$ 50
Stock Issued During Period, Value, Conversion of Convertible Securities, Net of Adjustments	$ 22,450
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt, Subsequent Adjustments			22,400
Total Euronet Worldwide Inc. stockholders' equity at Jun. 30, 2019	$ 1,398,223	$ 1,251	$ 1,172,834	$ (393,353)	$ 772,501	$ (155,050)	$ 40

General

General	6 Months Ended
	Jun. 30, 2019
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, software solutions, electronic distribution of prepaid mobile airtime and other digital media products, foreign currency exchange services 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, 2018 , including the notes thereto, set forth in the Company’s 2018 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, 2019 . Seasonality Euronet’s EFT Processing Segment experiences its heaviest demand for ATM cash withdrawal transactions and dynamic currency conversion ("DCC") services during the third quarter of the fiscal year, coinciding with the tourism season followed by lower transaction levels during the fourth quarter. Additionally, the epay Segment is 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	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Recently Issued and Adopted Accounting Pronouncements	RECENTLY ISSUED AND ADOPTED ACCOUNTING PRONOUNCEMENTS The Company adopted Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), as amended, as of January 1, 2019, using the modified retrospective approach and comparative periods were not restated. The new standards provide a number of optional practical expedients in transition. The Company elected the “package of practical expedients” which permits the Company not to reassess under the new standard the Company’s prior conclusions about lease identification, lease classification and initial direct costs. The Company also elected to combine lease and non-lease components and to include short-term leases with an initial term of 12 months or less on the balance sheet. In addition, the Company elected the hindsight practical expedient to determine the lease term for existing leases. The election of the hindsight practical expedient resulted in, for substantially all leases in effect on January 1, 2019, the lease term for implementation of this pronouncement, as the lease’s life being January 1, 2019 through the lease’s contractual termination date, rather than the actual lease life as set out in the lease agreement. Lease lives for lease agreements committed to on January 1, 2019 and, thereafter, are included based on the lease’s commencement date and termination date. In the application of hindsight, the Company evaluated the performance of all the leases and the associated markets in relation to the Company’s operations, which resulted in the determination that the exercise of renewal options would not be reasonably certain in determining the expected lease term. Adoption of the new standard resulted in the recognition of additional operating right of use lease assets and lease liabilities of approximately $296.9 million , as of January 1, 2019. In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326)

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2019
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 periods. 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 from 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 Six Months Ended 2019 2018 2019 2018 Computation of diluted weighted average shares outstanding: Basic weighted average shares outstanding 53,212,759 51,226,898 52,546,647 51,563,090 Incremental shares from assumed exercise of stock options and vesting of restricted stock 1,489,700 1,494,766 1,399,123 1,537,018 Incremental shares from assumed conversion of convertible notes — 771,171 — 771,171 Diluted weighted average shares outstanding 54,702,459 53,492,835 53,945,770 53,871,279 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 and six months ended June 30, 2019 and 2018 . 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 782,000 and 805,000 for the three and six months ended June 30, 2019 , respectively, and approximately 1,209,000 and 1,124,000 for the three and six months ended June 30, 2018 , respectively. The Company issued new Convertible Senior Notes ("Convertible Notes") due March 2049 on March 18, 2019 and retired the existing convertible notes ("Retired Convertible Notes") that would have matured in 2044 on May 28, 2019. The Company's Convertible Notes currently have and the Retired Convertible Notes had a settlement features requiring the Company upon conversion to settle the principal amount of the debt and any conversion value in excess of the principal value ("conversion premium"), for cash or shares of the Company's common stock or a combination thereof, at the Company's option. The Company has stated its intent to settle any conversion of these notes by paying cash for the principal value and issuing common stock for any conversion premium. Accordingly, the Convertible Notes and the Retired Convertible Notes were included in the calculation of diluted earnings per share if their inclusion was dilutive. The dilutive effect increases the more the market price exceeds the conversion price. The Retired Convertible Notes had a dilutive effect in the three and six months ended June 30, 2018 as the $83.77 market price per share of Common Stock as of June 30, 2018 exceeded the $72.18 conversion price per share. The Convertible Notes would only have a dilutive effect if the market price per share of common stock exceeds the conversion price of $188.73 per share. As of June 30, 2019 , the Convertible Notes did not have a dilutive effect on the earnings per share. See Note 7, Debt Obligations, for more information about the convertible notes. Share repurchases The Company's Board of Directors has authorized a stock repurchase program ("Repurchase Program") allowing Euronet to repurchase up to $375 million in value or 10.0 million shares of stock through March 31, 2020. During the three and six months ended June 30, 2019 , there were no repurchase of stock, the remaining maximum dollar value of shares that may yet be purchased under the Repurchase program was $200.0 million . Repurchases under the Repurchase Program may take place in the open market or in privately negotiated transactions, including derivative transactions, and may be made under a Rule 10b5-1 plan. For the first half of 2019 , the Company did not make any repurchases under the Repurchase Program. In connection with the issuance of the Convertible Notes, the Board of Directors of the Company authorized the Company to repurchase up to $120 million of the Company’s common stock concurrently with or following the issuance of the Convertible Notes. This authorization will expire on March 11, 2021. For the three and six months ended June 30, 2019 , the Company did not make any repurchases under this special authorization. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss consists entirely of foreign currency translation adjustments. The Company recorded foreign currency translation gains of $12.2 million for the second quarter of 2019 , and losses of $4.0 million , $58.5 million , and $35.6 million for the first half of 2019 ,the three and six months ended June 30, 2018 , respectively. There were no reclassifications of foreign currency translation into the consolidated statements of income for the three and six months ended June 30, 2019 and 2018

Goodwill and Acquired Intangibl

Goodwill and Acquired Intangible Assets, Net	6 Months Ended
	Jun. 30, 2019
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 six months ended June 30, 2019 is presented below: (in thousands) Acquired Intangible Assets Goodwill Total Intangible Assets Balance as of December 31, 2018 $ 114,485 $ 704,197 $ 818,682 Increases (decreases): Acquisition — 686 686 Amortization (10,303 ) — (10,303 ) Other (primarily changes in foreign currency exchange rates) 192 1,484 1,676 Balance as of June 30, 2019 $ 104,374 $ 706,367 $ 810,741 Estimated amortization expense on intangible assets with finite lives, before income taxes, as of June 30, 2019 , is expected to total $10.2 million for the remainder of 2019 , $19.7 million for 2020 , $18.9 million for 2021 , $17.8 million for 2022 , $13.1 million for 2023 and $6.7 million for 2024 . In January 2019, the Company completed the acquisition of the majority interests of a small Indonesian business in which the Company previously held the minority interest for an immaterial amount of cash consideration. The acquisition has been accounted for as business combinations in accordance with U.S. GAAP and the results of operations have been included from the date of acquisition in the EFT Processing Segment. 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, 2018 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 2018 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	6 Months Ended
	Jun. 30, 2019
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) June 30, 2019 December 31, 2018 Money transfer settlement obligations $ 405,228 $ 310,710 Accrued expenses 274,033 293,864 Accrued amounts due to mobile operators and other content providers 80,298 65,878 Derivative liabilities 25,577 36,102 Current portion of capital lease obligations 6,077 5,458 Total $ 791,213 $ 712,012

Debt Obligations

Debt Obligations	6 Months Ended
	Jun. 30, 2019
DEBT OBLIGATIONS [Abstract]
DEBT OBLIGATIONS	DEBT OBLIGATIONS Debt obligations consist of the following: As of (in thousands) June 30, 2019 December 31, 2018 Credit Facility: Revolving credit agreements, due 2023 $ 6,129 $ 215,725 Convertible Debt: 0.75% convertible notes, unsecured, due 2049 429,563 — 1.50% convertible notes, unsecured, due 2044 — 379,859 1.375% Senior Notes, due 2026 682,080 — Other obligations 24,279 38,513 Total debt obligations 1,142,051 634,097 Unamortized debt issuance costs (21,318 ) (6,298 ) Carrying value of debt 1,120,733 627,799 Short-term debt obligations and current maturities of long-term debt obligations (23,998 ) (38,017 ) Long-term debt obligations $ 1,096,735 $ 589,782 Credit Facility On October 17, 2018, the Company entered into a new unsecured revolving credit agreement (the "Credit Facility") for $1.0 billion that expires on October 17, 2023 . Fees and interest on borrowings are based upon the Company's corporate credit rating and are based, in the case of letter of credit fees, on a margin , and in the case of interest, on a margin over London Inter-Bank Offered Rate (“LIBOR”) or a margin over the base rate, as selected by the Company, with the applicable margin ranging from 1.125% to 2.0% or 0.175% to 1.0% for base rate loans. The Credit Facility allows for borrowings in Australian Dollars, British Pounds Sterling, Canadian Dollars, Czech Koruna, Danish Krone, Euros, Hungarian Forints, Japanese Yen, New Zealand Dollars, Norwegian Krone, Polish Zlotys, Swedish Krona, Swiss Francs, and U.S. Dollars. The weighted average interest rate of the Company's borrowing under the Credit Facility was 2.23% as of June 30, 2019 . Convertible Debt O n March 18, 2019, the Company completed the sale of $525 million of Convertible Senior Notes ("Convertible Notes"). The Convertible Notes mature in March 2049 unless redeemed or converted prior to such date, and are convertible into shares of Euronet Common Stock at a conversion price of approximately $188.73 per share. The Company used $94.2 million of the net proceeds from the issuance of the new debt to repurchase $49 million aggregate principal amount of the Company's 1.5% Convertible Senior Notes outstanding due 2044 (the "Retired Convertible Notes") from a limited number of holders in privately negotiated transactions. The Company expects to use the remainder of the net proceeds for general corporate purposes, which may include repaying borrowings outstanding under the Credit Facility, share repurchases or acquisitions. On March 18, 2019, the Company provided a notice of redemption to the trustee of the indenture governing the Retired Convertible Notes (the "Existing Indenture"), pursuant to which the Company would redeem all of the remaining principal amount outstanding of the Retired Convertible Notes on May 28, 2019 (the "Redemption Date") for cash at a redemption price equal to 100% of the principal amount of the Retired Convertible Notes redeemed plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date. The issuance of the Convertible Notes and the conversion of the Retired Convertible Notes, resulted in a $25.6 million recognition and a $34.2 million reversal of deferred tax liabilities within the additional paid-in capital as of June 30, 2019 , respectively. Prior to the Redemption Date, approximately $352.4 million principal amount of the Retired Convertible Notes were submitted for conversion. The Company elected to settle the conversion of such Retired Convertible Notes through a combination of cash and stock. The Company paid cash equal to $1,000 for each $1,000 principal amount of Retired Convertible Notes submitted for conversion and satisfied the remainder of the conversion obligation by issuing shares of the Company's Common Stock valued bonds valued at $147.24 per share. As a result, the Company paid cash of $352.4 million and issued approximately 2.5 million shares of its Common Stock. In accordance with ASC 470, the Company recognized a loss of $9.8 million on the conversion and redemption of the debt for the first half of 2019 , representing the difference between the fair value of the Retired Convertible Notes converted and the carrying value of the bonds at the time of conversion. In accordance with ASC 470-20-30-27, proceeds from the issuance of convertible debt is allocated between debt and equity components so that debt is discounted to reflect the Company's nonconvertible debt borrowing rate. ASC 470-20-35-13 requires the debt discount to be amortized over the period the convertible debt is expected to be outstanding as additional non-cash interest expense. The allocation resulted in an increase to additional paid-in capital of $99.7 million for the Convertible Notes. Contractual interest expense for the Retired Convertible Notes was $1.5 million for the first half of 2019 . Accretion expense was $1.8 million and $4.6 million for the three and six months ended June 30, 2019 , respectively. Contractual interest expense for the Convertible Notes was $1.0 million and $1.1 million for the three and six months ended June 30, 2019 , respectively. Accretion expense was $3.6 million and $4.2 million for the three and six months ended June 30, 2019 , respectively. The effective interest rate was 4.4% for the three and six months ended June 30, 2019 . As of June 30, 2019 , the unamortized discount was $95.4 million and will be amortized through March 2025. 1.375% Senior Notes due 2026 On May 22, 2019, the Company completed the sale of € 600 million ( $669.9 million ) aggregate principal amount of Senior Notes that expire on May 2026 (the “Senior Notes”). The Senior Notes accrue interest at a rate of 1.375% per year, payable annually in arrears commencing May 22, 2020, until maturity or earlier redemption. As of June 30, 2019 , the Company has outstanding € 600 million ( $682.1 million

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2019
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 ("ASC Topic 815") , 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 hedged transaction and having an offsetting effect. Foreign currency exchange contracts - Ria Operations and Corporate In the United States, the Company's Ria operations use 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 June 30, 2019 , the Company held in its Ria operations foreign currency forward contracts outstanding in the U.S. with a notional value of $278 million , primarily in Australian dollars, Canadian dollars, British pounds, euros and Mexican pesos. In addition, the Company uses forward contracts, typically with maturities from a few days to less than one year, to offset foreign exchange rate fluctuations on certain foreign currency denominated other asset and liability positions. As of June 30, 2019 , the Company had foreign currency forward contracts outstanding with a notional value of $86 million , primarily in euros and Polish zloty. Foreign currency exchange contracts - xe Operations xe 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. xe 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 xe's total portfolio of positions were $16.1 million and $34.7 million for the three and six months ended June 30, 2019 , respectively, and $16.8 million and $35.5 million for the three and six months ended June 30, 2018 , respectively. All of the derivative contracts used in the Company's xe 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 xe'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. xe 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. xe 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 xe operations as of June 30, 2019 was approximately $1.4 billion . The majority of customer contracts are written in major currencies such as the U.S. dollar, euro, New Zealand 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 June 30, 2019 December 31, 2018 Balance Sheet Location June 30, 2019 December 31, 2018 Derivatives not designated as hedging instruments Foreign currency exchange contracts Prepaid expenses and other current assets $ 38,182 $ 44,637 Accrued expenses and other current liabilities $ (25,577 ) $ (36,102 ) The following tables summarize the gross and net fair value of derivative assets and liabilities as of June 30, 2019 and December 31, 2018 (in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Consolidated Balance Sheet As of June 30, 2019 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 $ 38,182 $ — $ 38,182 $ (19,279 ) $ (3,838 ) $ 15,065 As of December 31, 2018 Derivatives subject to a master netting arrangement or similar agreement $ 44,637 $ — $ 44,637 $ (25,187 ) $ (9,918 ) $ 9,532 Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheet As of June 30, 2019 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 $ (25,577 ) $ — $ (25,577 ) $ 19,279 $ 969 $ (5,329 ) As of December 31, 2018 Derivatives subject to a master netting arrangement or similar agreement $ (36,102 ) $ — $ (36,102 ) $ 25,187 $ 2,048 $ (8,867 ) See Note 9, Fair Value Measurements, for the determination of the fair values of derivatives. Income Statement Presentation The following table summarizes the location and amount of gains and losses on derivatives in the Consolidated Statements of Income for the three and six months ended June 30, 2019 and 2018 : Amount of Gain (Loss) Recognized in Income on Derivative Contracts (a) Location of Gain (Loss) Recognized in Income on Derivative Contracts Three Months Ended Six Months Ended (in thousands) 2019 2018 2019 2018 Foreign currency exchange contracts Foreign currency exchange gain (loss), net $ (2,126 ) $ 7,085 $ 334 $ 8,380 (a) The Company enters into derivative contracts such as foreign currency exchange forwards and cross-currency swaps as part of its xe 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

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
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 June 30, 2019 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 38,182 $ — $ 38,182 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (25,577 ) $ — $ (25,577 ) As of December 31, 2018 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 44,637 $ — $ 44,637 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (36,102 ) $ — $ (36,102 ) 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 value of the Company’s Credit Facility approximates fair value because interest is primarily based on LIBOR, which resets at various intervals of less than one year. The Company estimates the fair values of the Convertible Notes and Senior Notes using quoted prices in inactive markets for identical liabilities (Level 2). As of June 30, 2019 , the fair values of the Convertible Notes and the Senior Notes were $519.2 million and $678.0 million , respectively, with carrying values of $429.6 million and $682.1 million

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2019
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, Asia Pacific and the United States. 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, domestic and international surcharge 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 digital media 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, 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. xe offers account-to-account international payment services to high-income individuals and small-to-medium sized businesses. xe is also a provider of foreign currency exchange information and offers money transfers on its currency data websites. 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 and six months ended June 30, 2019 and 2018 : For the Three Months Ended June 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 231,946 $ 184,160 $ 276,783 $ (1,022 ) $ 691,867 Operating expenses: Direct operating costs 105,568 140,427 148,834 (1,018 ) 393,811 Salaries and benefits 21,339 14,998 52,713 9,500 98,550 Selling, general and administrative 10,745 9,424 31,731 1,942 53,842 Depreciation and amortization 17,778 1,756 8,159 74 27,767 Total operating expenses 155,430 166,605 241,437 10,498 573,970 Operating income (expense) $ 76,516 $ 17,555 $ 35,346 $ (11,520 ) $ 117,897 For the Three Months Ended June 30, 2018 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 194,893 $ 166,463 $ 261,816 $ (948 ) $ 622,224 Operating expenses: Direct operating costs 96,326 125,423 140,707 (944 ) 361,512 Salaries and benefits 19,046 14,327 49,118 9,232 91,723 Selling, general and administrative 10,216 8,490 31,426 2,225 52,357 Depreciation and amortization 16,383 1,894 7,953 33 26,263 Total operating expenses 141,971 150,134 229,204 10,546 531,855 Operating income (expense) $ 52,922 $ 16,329 $ 32,612 $ (11,494 ) $ 90,369 For the Six Months Ended June 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 377,649 $ 360,274 $ 533,364 $ (1,911 ) $ 1,269,376 Operating expenses: Direct operating costs 189,344 273,952 286,238 (1,890 ) 747,644 Salaries and benefits 40,770 29,751 103,869 16,955 191,345 Selling, general and administrative 19,831 17,476 60,840 3,842 101,989 Depreciation and amortization 34,420 3,541 16,297 149 54,407 Total operating expenses 284,365 324,720 467,244 19,056 1,095,385 Operating income (expense) $ 93,284 $ 35,554 $ 66,120 $ (20,967 ) $ 173,991 For the Six Months Ended June 30, 2018 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 330,597 $ 343,308 $ 500,652 $ (1,818 ) $ 1,172,739 Operating expenses: Direct operating costs 178,163 260,345 268,138 (1,810 ) 704,836 Salaries and benefits 36,051 28,744 96,475 16,159 177,429 Selling, general and administrative 19,331 17,223 61,125 4,689 102,368 Depreciation and amortization 32,583 3,772 15,848 62 52,265 Total operating expenses 266,128 310,084 441,586 19,100 1,036,898 Operating income (expense) $ 64,469 $ 33,224 $ 59,066 $ (20,918 ) $ 135,841 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) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 EFT Processing $ 237,468 $ 215,106 $ 2,052,915 $ 1,220,141 epay 37,381 31,172 718,894 780,220 Money Transfer 49,384 45,517 1,508,408 1,310,775 Corporate Services, Eliminations and Other 65 74 53,119 10,019 Total $ 324,298 $ 291,869 $ 4,333,336 $ 3,321,155 The following table presents the Company's revenues disaggregated by segment and region. Sales and usage-based taxes are excluded from revenues. The Company believes disaggregation by segment and region best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. The disaggregation of revenues by segment and region is based on management's assessment of segment performance together with allocation of financial resources, both capital and operating support costs, on a segment and regional level. Both segments and regions benefit from synergies achieved through concentration of operations and are influenced by macro-economic, regulatory and political factors in the respective segment and region. For the Three Months Ended June 30, 2019 For the Six Months Ended June 30, 2019 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 192,696 $ 123,322 $ 93,576 $ 409,594 $ 300,307 $ 238,228 $ 179,135 $ 717,670 North America 7,958 37,732 145,528 191,218 16,163 77,396 280,360 373,919 Asia Pacific 31,287 18,920 31,577 81,784 61,164 36,294 62,290 159,748 Other 5 4,186 6,102 10,293 15 8,356 11,579 19,950 Eliminations — — — (1,022 ) — — — (1,911 ) Total $ 231,946 $ 184,160 $ 276,783 $ 691,867 $ 377,649 $ 360,274 $ 533,364 $ 1,269,376 For the Three Months Ended June 30, 2018 For the Six Months Ended June 30, 2018 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 158,413 $ 103,344 $ 81,816 $ 343,573 $ 258,499 $ 216,794 $ 155,774 $ 631,067 North America 8,327 42,270 143,755 194,352 16,343 83,321 272,739 372,403 Asia Pacific 28,146 17,158 31,713 77,017 55,740 34,611 63,854 154,205 Other 7 3,691 4,532 8,230 15 8,582 8,285 16,882 Eliminations — — — (948 ) — — — (1,818 ) Total $ 194,893 $ 166,463 $ 261,816 $ 622,224 $ 330,597 $ 343,308 $ 500,652 $ 1,172,739

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
INCOME TAXES [Abstract]
INCOME TAXES	INCOME TAXES The Company's effective income tax rate was 31.5% and 31.6% for both the three and six months ended June 30, 2019 , respectively, compared to 27.3% and 30.1% for the three and six months ended June 30, 2018 , respectively. The Company's effective income tax rates for the three and six months ended June 30, 2019 and 2018 were higher than the applicable statutory income tax rate of 21%

Commitments

Commitments	6 Months Ended
	Jun. 30, 2019
Other Commitments [Line Items]
Commitments	COMMITMENTS As of June 30, 2019 , the Company had $76.0 million of stand-by letters of credit/bank guarantees issued on its behalf, of which $46.3 million are outstanding under the Credit Facility. The remaining stand-by letters of credit/bank guarantees are collateralized by $3.7 million of cash deposits held by the respective issuing banks. Under certain circumstances, Euronet grants guarantees in support of obligations of subsidiaries. As of June 30, 2019 , the Company had granted off balance sheet guarantees for cash in various ATM networks amounting to $12.6 million over the terms of the cash supply agreements and performance guarantees amounting to approximately $41.6 million over the terms of agreements with the customers. 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, is not recorded on the Company’s Consolidated Balance Sheets. As of June 30, 2019 , the balance of such cash used in the Company's ATM networks for which the Company was responsible was approximately $718 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 any breach of its computer systems, including in particular, losses arising from fraudulent transactions made using information stolen through its processing systems. The Company maintains systems of internal controls and 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 June 30, 2019 or December 31, 2018 .

Litigation and Contingencies

Litigation and Contingencies	6 Months Ended
	Jun. 30, 2019
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 proceedings 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.

Lease (Notes)

Lease (Notes)	6 Months Ended
	Jun. 30, 2019
Lessee, Lease, Description [Line Items]
Leases of Lessee Disclosure [Text Block]	LEASES The Company enters into operating leases for ATM sites, office space, retail stores and equipment. The Company's finance leases are immaterial. Right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of the lease payments over the lease terms. The present value of lease payments is determined using the incremental borrowing rate based on information available at the lease commencement date. All leases with fixed payments, including leases with an initial term of 12 months or less are recorded on the balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the lease term. Most leases include an option to renew, with renewal terms that can extend the lease terms. The exercise of lease renewal options is at the Company’s sole discretion. The depreciable life of assets and leasehold improvements are limited by the expected lease terms. The Company also has a unilateral termination right for a majority of the ATM site leases. Since the Company is not reasonably certain to exercise the renewal or terminal options, the options are not considered in determining the lease terms, and associated payment impacts are excluded from lease payments. Certain of the Company's lease agreements include variable rental payments based on revenues generated from the use of the leased location and certain leases include rental payments adjusted periodically for inflation. Variable lease payments are recognized when the event, activity or circumstance in the lease agreement on which those payments are assessed occurs and are excluded from the right of use assets and lease liabilities balances. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. Future minimum lease payments Future minimum lease payments under the operating leases as of June 30, 2019 are: As of June 30, 2019 Maturity of Lease Liabilities (in thousands) Operating Leases Remainder of 2019 $ 64,248 2020 107,916 2021 78,654 2022 53,295 2023 33,856 Thereafter 53,388 Total lease payments $ 391,357 Less: imputed interest (25,596 ) Present value of lease liabilities $ 365,761 Future minimum lease payments under the non-cancelable operating leases (with initial lease terms in excess of one year) as of December 31, 2018 are as follows: (in thousands) Operating Leases Year ending December 31, 2019 $ 80,803 2020 65,590 2021 49,052 2022 37,823 2023 30,192 Thereafter 48,191 Total minimum lease payments $ 311,651 Lease expense recognized in the Consolidated Statements of Income is summarized as follows: Lease Expense (in thousands) Income Statement Classification Three Months Ended June 30, 2019 Six months ended June 30, 2019 Operating lease expense Selling, general and administrative and Direct operating costs $ 33,113 $ 63,573 Variable lease expense Selling, general and administrative and Direct operating costs 12,320 18,889 Total lease expense $ 45,433 $ 82,462 Other information about lease amounts recognized in the consolidated financial statements is summarized as follows: Lease Term and Discount Rate of Operating Leases As of June 30, 2019 Weighted- average remaining lease term (years) 4.5 Weighted- average discount rate 3.1 % The following table presents supplemental cash flow and non-cash information related to leases: Other Information (in thousands) Six months ended June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities (a) $ 62,935 Supplemental non-cash information on lease liabilities arising from obtaining ROU assets: ROU assets obtained in exchange for new operating lease liabilities $ 157,914

Unearned Revenue (Notes)

Unearned Revenue (Notes)	6 Months Ended
	Jun. 30, 2019
Unearned Revenue [Abstract]
Deferred Revenue Disclosure [Text Block]	UNEARNED REVENUES Accounting Standards Codification ("ASC") Topic 606, “Revenue from Contracts with Customers” (“Topic 606”) requires the deferral of incremental costs to obtain customer contracts, known as contract assets, which are then amortized to expense as part of selling, general and administrative expense over the respective periods of expected benefit. Such costs are not material; however, the Company has implemented processes and controls to record such costs on an ongoing basis and will disclose them if they become material. The Company records deferred revenues when cash payments are received or due in advance of its performance. The increase in the deferred revenue balance for the first half of 2019 is primarily driven by $26.3 million of cash payments received in the current year for which the Company has not yet satisfied the performance obligations, largely offset by $23.2 million of revenues recognized that were included in the deferred revenue balance as of December 31, 2018.

Recent Accounting Pronouncement

Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2019
Summary of Significant Accounting Policies and Practices [Abstract]
Recently Issued and Adopted Accounting Pronouncements	The Company adopted Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), as amended, as of January 1, 2019, using the modified retrospective approach and comparative periods were not restated. The new standards provide a number of optional practical expedients in transition. The Company elected the “package of practical expedients” which permits the Company not to reassess under the new standard the Company’s prior conclusions about lease identification, lease classification and initial direct costs. The Company also elected to combine lease and non-lease components and to include short-term leases with an initial term of 12 months or less on the balance sheet. In addition, the Company elected the hindsight practical expedient to determine the lease term for existing leases. The election of the hindsight practical expedient resulted in, for substantially all leases in effect on January 1, 2019, the lease term for implementation of this pronouncement, as the lease’s life being January 1, 2019 through the lease’s contractual termination date, rather than the actual lease life as set out in the lease agreement. Lease lives for lease agreements committed to on January 1, 2019 and, thereafter, are included based on the lease’s commencement date and termination date. In the application of hindsight, the Company evaluated the performance of all the leases and the associated markets in relation to the Company’s operations, which resulted in the determination that the exercise of renewal options would not be reasonably certain in determining the expected lease term. Adoption of the new standard resulted in the recognition of additional operating right of use lease assets and lease liabilities of approximately $296.9 million , as of January 1, 2019. In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326)

Stocholders' Equity (Tables)

Stocholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2019
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 Six Months Ended 2019 2018 2019 2018 Computation of diluted weighted average shares outstanding: Basic weighted average shares outstanding 53,212,759 51,226,898 52,546,647 51,563,090 Incremental shares from assumed exercise of stock options and vesting of restricted stock 1,489,700 1,494,766 1,399,123 1,537,018 Incremental shares from assumed conversion of convertible notes — 771,171 — 771,171 Diluted weighted average shares outstanding 54,702,459 53,492,835 53,945,770 53,871,279

Goodwill and Acquired Intangi_2

Goodwill and Acquired Intangible Assets, Net (Tables)	6 Months Ended
	Jun. 30, 2019
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 six months ended June 30, 2019 is presented below: (in thousands) Acquired Intangible Assets Goodwill Total Intangible Assets Balance as of December 31, 2018 $ 114,485 $ 704,197 $ 818,682 Increases (decreases): Acquisition — 686 686 Amortization (10,303 ) — (10,303 ) Other (primarily changes in foreign currency exchange rates) 192 1,484 1,676 Balance as of June 30, 2019 $ 104,374 $ 706,367 $ 810,741

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2019
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) June 30, 2019 December 31, 2018 Money transfer settlement obligations $ 405,228 $ 310,710 Accrued expenses 274,033 293,864 Accrued amounts due to mobile operators and other content providers 80,298 65,878 Derivative liabilities 25,577 36,102 Current portion of capital lease obligations 6,077 5,458 Total $ 791,213 $ 712,012

Debt Obligations (Tables)

Debt Obligations (Tables)	6 Months Ended
	Jun. 30, 2019
DEBT OBLIGATIONS [Abstract]
Schedule of Debt [Table Text Block]	: As of (in thousands) June 30, 2019 December 31, 2018 Credit Facility: Revolving credit agreements, due 2023 $ 6,129 $ 215,725 Convertible Debt: 0.75% convertible notes, unsecured, due 2049 429,563 — 1.50% convertible notes, unsecured, due 2044 — 379,859 1.375% Senior Notes, due 2026 682,080 — Other obligations 24,279 38,513 Total debt obligations 1,142,051 634,097 Unamortized debt issuance costs (21,318 ) (6,298 ) Carrying value of debt 1,120,733 627,799 Short-term debt obligations and current maturities of long-term debt obligations (23,998 ) (38,017 ) Long-term debt obligations $ 1,096,735 $ 589,782

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2019
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 June 30, 2019 December 31, 2018 Balance Sheet Location June 30, 2019 December 31, 2018 Derivatives not designated as hedging instruments Foreign currency exchange contracts Prepaid expenses and other current assets $ 38,182 $ 44,637 Accrued expenses and other current liabilities $ (25,577 ) $ (36,102 )
Offsetting Assets and Liabilities [Table Text Block]	The following tables summarize the gross and net fair value of derivative assets and liabilities as of June 30, 2019 and December 31, 2018 (in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Consolidated Balance Sheet As of June 30, 2019 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 $ 38,182 $ — $ 38,182 $ (19,279 ) $ (3,838 ) $ 15,065 As of December 31, 2018 Derivatives subject to a master netting arrangement or similar agreement $ 44,637 $ — $ 44,637 $ (25,187 ) $ (9,918 ) $ 9,532 Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheet As of June 30, 2019 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 $ (25,577 ) $ — $ (25,577 ) $ 19,279 $ 969 $ (5,329 ) As of December 31, 2018 Derivatives subject to a master netting arrangement or similar agreement $ (36,102 ) $ — $ (36,102 ) $ 25,187 $ 2,048 $ (8,867 )
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following table summarizes the location and amount of gains and losses on derivatives in the Consolidated Statements of Income for the three and six months ended June 30, 2019 and 2018 : Amount of Gain (Loss) Recognized in Income on Derivative Contracts (a) Location of Gain (Loss) Recognized in Income on Derivative Contracts Three Months Ended Six Months Ended (in thousands) 2019 2018 2019 2018 Foreign currency exchange contracts Foreign currency exchange gain (loss), net $ (2,126 ) $ 7,085 $ 334 $ 8,380 (a) The Company enters into derivative contracts such as foreign currency exchange forwards and cross-currency swaps as part of its xe 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)	6 Months Ended
	Jun. 30, 2019
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 June 30, 2019 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 38,182 $ — $ 38,182 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (25,577 ) $ — $ (25,577 ) As of December 31, 2018 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 44,637 $ — $ 44,637 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (36,102 ) $ — $ (36,102 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2019
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 and six months ended June 30, 2019 and 2018 : For the Three Months Ended June 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 231,946 $ 184,160 $ 276,783 $ (1,022 ) $ 691,867 Operating expenses: Direct operating costs 105,568 140,427 148,834 (1,018 ) 393,811 Salaries and benefits 21,339 14,998 52,713 9,500 98,550 Selling, general and administrative 10,745 9,424 31,731 1,942 53,842 Depreciation and amortization 17,778 1,756 8,159 74 27,767 Total operating expenses 155,430 166,605 241,437 10,498 573,970 Operating income (expense) $ 76,516 $ 17,555 $ 35,346 $ (11,520 ) $ 117,897 For the Three Months Ended June 30, 2018 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 194,893 $ 166,463 $ 261,816 $ (948 ) $ 622,224 Operating expenses: Direct operating costs 96,326 125,423 140,707 (944 ) 361,512 Salaries and benefits 19,046 14,327 49,118 9,232 91,723 Selling, general and administrative 10,216 8,490 31,426 2,225 52,357 Depreciation and amortization 16,383 1,894 7,953 33 26,263 Total operating expenses 141,971 150,134 229,204 10,546 531,855 Operating income (expense) $ 52,922 $ 16,329 $ 32,612 $ (11,494 ) $ 90,369 For the Six Months Ended June 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 377,649 $ 360,274 $ 533,364 $ (1,911 ) $ 1,269,376 Operating expenses: Direct operating costs 189,344 273,952 286,238 (1,890 ) 747,644 Salaries and benefits 40,770 29,751 103,869 16,955 191,345 Selling, general and administrative 19,831 17,476 60,840 3,842 101,989 Depreciation and amortization 34,420 3,541 16,297 149 54,407 Total operating expenses 284,365 324,720 467,244 19,056 1,095,385 Operating income (expense) $ 93,284 $ 35,554 $ 66,120 $ (20,967 ) $ 173,991 For the Six Months Ended June 30, 2018 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 330,597 $ 343,308 $ 500,652 $ (1,818 ) $ 1,172,739 Operating expenses: Direct operating costs 178,163 260,345 268,138 (1,810 ) 704,836 Salaries and benefits 36,051 28,744 96,475 16,159 177,429 Selling, general and administrative 19,331 17,223 61,125 4,689 102,368 Depreciation and amortization 32,583 3,772 15,848 62 52,265 Total operating expenses 266,128 310,084 441,586 19,100 1,036,898 Operating income (expense) $ 64,469 $ 33,224 $ 59,066 $ (20,918 ) $ 135,841 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) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 EFT Processing $ 237,468 $ 215,106 $ 2,052,915 $ 1,220,141 epay 37,381 31,172 718,894 780,220 Money Transfer 49,384 45,517 1,508,408 1,310,775 Corporate Services, Eliminations and Other 65 74 53,119 10,019 Total $ 324,298 $ 291,869 $ 4,333,336 $ 3,321,155
Schedule of Revenues by Segment by Region [Table Text Block]	The following table presents the Company's revenues disaggregated by segment and region. Sales and usage-based taxes are excluded from revenues. The Company believes disaggregation by segment and region best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. The disaggregation of revenues by segment and region is based on management's assessment of segment performance together with allocation of financial resources, both capital and operating support costs, on a segment and regional level. Both segments and regions benefit from synergies achieved through concentration of operations and are influenced by macro-economic, regulatory and political factors in the respective segment and region. For the Three Months Ended June 30, 2019 For the Six Months Ended June 30, 2019 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 192,696 $ 123,322 $ 93,576 $ 409,594 $ 300,307 $ 238,228 $ 179,135 $ 717,670 North America 7,958 37,732 145,528 191,218 16,163 77,396 280,360 373,919 Asia Pacific 31,287 18,920 31,577 81,784 61,164 36,294 62,290 159,748 Other 5 4,186 6,102 10,293 15 8,356 11,579 19,950 Eliminations — — — (1,022 ) — — — (1,911 ) Total $ 231,946 $ 184,160 $ 276,783 $ 691,867 $ 377,649 $ 360,274 $ 533,364 $ 1,269,376 For the Three Months Ended June 30, 2018 For the Six Months Ended June 30, 2018 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 158,413 $ 103,344 $ 81,816 $ 343,573 $ 258,499 $ 216,794 $ 155,774 $ 631,067 North America 8,327 42,270 143,755 194,352 16,343 83,321 272,739 372,403 Asia Pacific 28,146 17,158 31,713 77,017 55,740 34,611 63,854 154,205 Other 7 3,691 4,532 8,230 15 8,582 8,285 16,882 Eliminations — — — (948 ) — — — (1,818 ) Total $ 194,893 $ 166,463 $ 261,816 $ 622,224 $ 330,597 $ 343,308 $ 500,652 $ 1,172,739

Lease (Tables)

Lease (Tables)	6 Months Ended
	Jun. 30, 2019
Lessee, Lease, Description [Line Items]
Lease, Cost [Table Text Block]	Lease expense recognized in the Consolidated Statements of Income is summarized as follows: Lease Expense (in thousands) Income Statement Classification Three Months Ended June 30, 2019 Six months ended June 30, 2019 Operating lease expense Selling, general and administrative and Direct operating costs $ 33,113 $ 63,573 Variable lease expense Selling, general and administrative and Direct operating costs 12,320 18,889 Total lease expense $ 45,433 $ 82,462
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Future minimum lease payments Future minimum lease payments under the operating leases as of June 30, 2019 are: As of June 30, 2019 Maturity of Lease Liabilities (in thousands) Operating Leases Remainder of 2019 $ 64,248 2020 107,916 2021 78,654 2022 53,295 2023 33,856 Thereafter 53,388 Total lease payments $ 391,357 Less: imputed interest (25,596 ) Present value of lease liabilities $ 365,761 Future minimum lease payments under the non-cancelable operating leases (with initial lease terms in excess of one year) as of December 31, 2018 are as follows: (in thousands) Operating Leases Year ending December 31, 2019 $ 80,803 2020 65,590 2021 49,052 2022 37,823 2023 30,192 Thereafter 48,191 Total minimum lease payments $ 311,651
Lessee, Operating Lease, Disclosure [Table Text Block]	Other information about lease amounts recognized in the consolidated financial statements is summarized as follows: Lease Term and Discount Rate of Operating Leases As of June 30, 2019 Weighted- average remaining lease term (years) 4.5 Weighted- average discount rate 3.1 %
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	The following table presents supplemental cash flow and non-cash information related to leases: Other Information (in thousands) Six months ended June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities (a) $ 62,935 Supplemental non-cash information on lease liabilities arising from obtaining ROU assets: ROU assets obtained in exchange for new operating lease liabilities $ 157,914

Recently Issued and Adopted A_2

Recently Issued and Adopted Accounting Pronouncements New Accounting Pronouncements or Change in Accounting Principle (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Jun. 30, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 296,900	$ 157,914

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Feb. 27, 2018	Oct. 30, 2014
Stockholders' Equity [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	782,000	1,209,000	805,000	1,124,000
Translation adjustment	$ 12,161	$ (58,533)	$ (4,024)	$ (35,585)
Debt Instrument, Convertible, Conversion Price	$ 147.24		$ 147.24
Share Price	$ 83.77		$ 83.77
Share Repurchase Plan [Member]
Stockholders' Equity [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased					10,000,000
Stock Repurchase Program, Authorized Amount	$ 200,000		$ 200,000		$ 375,000
2019 Share Repurchase Plan [Member]
Stockholders' Equity [Line Items]
Stock Repurchase Program, Authorized Amount	$ 120,000		$ 120,000
1.5% Issue [Member]
Stockholders' Equity [Line Items]
Debt Instrument, Convertible, Conversion Price						$ 72.18

Stockholders' Equity Earnings P

Stockholders' Equity Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Weighted average number of shares outstanding - basic	53,212,759	51,226,898	52,546,647	51,563,090
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	1,489,700	1,494,766	1,399,123	1,537,018
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities	0	771,171	0	771,171
Weighted Average Number of Shares Outstanding, Diluted	54,702,459	53,492,835	53,945,770	53,871,279

Goodwill and Acquired Intangi_3

Goodwill and Acquired Intangible Assets, Net (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Goodwill and Finite-lived Intangible Assets Rollforward [Roll Forward]
Finite-Lived Intangible Assets, Net	$ 104,374	$ 114,485
Finite-Lived Intangible Assets, Amortization Expense	(10,303)
Finite-lived intangible assets, other changes	192
Goodwill	706,367	704,197
Goodwill, Other Increase (Decrease)	1,484
Intangible Assets, Net (Including Goodwill)	810,741	$ 818,682
Total intangible assets amortization expense	(10,303)
Total intangible assets, other changes	1,676
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	10,200
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	19,700
Finite-Lived Intangible Assets, Amortization Expense, Year Two	18,900
Finite-Lived Intangible Assets, Amortization Expense, Year Three	17,800
Finite-Lived Intangible Assets, Amortization Expense, Year Four	13,100
Finite-Lived Intangible Assets, Amortization Expense, Year Five	6,700
Finite-lived Intangible Assets Acquired	0
Goodwill, Acquired During Period	686
Total intangible assets acquired during period	$ 686

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]
Capital Lease Obligations, Current	$ 6,077	$ 5,458
Accrued expenses	274,033	293,864
Accrued amounts due to mobile operators and other content providers	80,298	65,878
Money transfer settlement obligations	405,228	310,710
Derivative liabilities	25,577	36,102
Accrued expenses and other current liabilities	$ 791,213	$ 712,012

Debt Obligations (Narrative) (D

Debt Obligations (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	May 28, 2019	May 22, 2019	Mar. 18, 2019	Dec. 31, 2018	Oct. 30, 2014
Debt Instrument [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	$ 12,161,000		$ (58,533,000)	$ (4,024,000)	$ (35,585,000)
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt		$ 71,660,000
Repayments of Debt	49,000,000
Revolving Credit Facility	$ 6,129,000			$ 6,129,000					$ 215,725,000
Revolving Credit Facility, Interest Rate at Period End	2.23%			2.23%
Debt Instrument, Face Amount						$ 1,000
Debt Instrument, Convertible, Conversion Price	$ 147.24			$ 147.24
Repayments of Convertible Debt	$ 352,400,000	94,200,000
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	1.375%			1.375%
Other Debt	$ 24,279,000			$ 24,279,000					38,513,000
Debt, Long-term and Short-term, Combined Amount	1,142,051,000			1,142,051,000					634,097,000
Unamortized Debt Issuance Expense	21,318,000			21,318,000					6,298,000
Debt, net of debt issuance costs	1,120,733,000			1,120,733,000					627,799,000
Short-term debt obligations and current maturities of long-term debt obligations	23,998,000			23,998,000					38,017,000
Debt obligations, net of current portion	$ 1,096,735,000			1,096,735,000					589,782,000
Line of Credit Facility, Expiration Date	Oct. 17, 2023
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt, Subsequent Adjustments		$ (42,917,000)
Stock Issued During Period, Shares, Conversion of Convertible Securities	2.5
Gain (Loss) on Extinguishment of Debt				(9,831,000)
Debt Securities	$ 682,080,000			682,080,000			$ 669,900,000
0.75% Issue [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount								$ 525,000,000
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.125%
Minimum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.175%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.00%
Maximum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.00%
1.5% Issue [Member]
Debt Instrument [Line Items]
Convertible Debt	$ 0			0					$ 379,859,000
Debt Instrument, Convertible, Conversion Price										$ 72.18
Interest Expense, Debt				1,500,000
Amortization of Debt Discount (Premium)	1,800,000		$ 4,600,000
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt, Subsequent Adjustments				34,200,000
0.75% Issue [Member]
Debt Instrument [Line Items]
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt				25,600,000
Convertible Debt	429,563,000			429,563,000
Debt Instrument, Convertible, Conversion Price								$ 188.73
Interest Expense, Debt	1,000,000			1,100,000
Amortization of Debt Discount (Premium)	$ 3,600,000			$ 4,200,000
Debt Instrument, Interest Rate During Period	4.40%			4.40%
Debt Instrument, Unamortized Discount	$ 95,400,000			$ 95,400,000

Debt Obligations (Details)

Debt Obligations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Mar. 18, 2019	Dec. 31, 2018	Oct. 17, 2018	Oct. 30, 2014
Debt Instrument [Line Items]
Debt Instrument, Convertible, Conversion Price	$ 147.24			$ 147.24
Repayments of Other Long-term Debt				$ 446,702	$ 6,199
Debt Instrument, Redemption Price, Percentage	100.00%
Unamortized Debt Issuance Expense	$ 21,318			21,318			$ 6,298
Total Debt [Roll Forward]
Revolving Credit Facility	6,129			6,129			215,725
Other Debt	$ 24,279			$ 24,279			38,513
Line of Credit Facility, Expiration Date	Oct. 17, 2023
Repayments of Convertible Debt	$ 352,400	$ 94,200
1.5% Issue [Member]
Debt Instrument [Line Items]
Debt Instrument, Convertible, Conversion Price									$ 72.18
Debt Instrument, Interest Rate, Stated Percentage	1.50%			1.50%
Total Debt [Roll Forward]
Convertible Debt	$ 0			$ 0			$ 379,859
Interest Expense, Debt				1,500
Amortization of Debt Discount (Premium)	1,800		$ 4,600
0.75% Issue [Member]
Debt Instrument [Line Items]
Debt Instrument, Convertible, Conversion Price						$ 188.73
Debt Instrument, Convertible, Carrying Amount of Equity Component						$ 99,700
Total Debt [Roll Forward]
Convertible Debt	429,563			429,563
Interest Expense, Debt	1,000			1,100
Amortization of Debt Discount (Premium)	$ 3,600			$ 4,200
Debt Instrument, Interest Rate During Period	4.40%			4.40%
Debt Instrument, Unamortized Discount	$ 95,400			$ 95,400
Unsecured Debt [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity								$ 1,000,000
Base Rate [Member] | Minimum [Member]
Total Debt [Roll Forward]
Debt Instrument, Basis Spread on Variable Rate	0.175%
Base Rate [Member] | Maximum [Member]
Total Debt [Roll Forward]
Debt Instrument, Basis Spread on Variable Rate	1.00%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Total Debt [Roll Forward]
Debt Instrument, Basis Spread on Variable Rate	1.125%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Total Debt [Roll Forward]
Debt Instrument, Basis Spread on Variable Rate	2.00%

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Ria Operations [Member] | Foreign Exchange Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	$ 278		$ 278
Corporate Operations [Member] | Foreign Exchange Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	86		86
HiFX Operations [Member] | Foreign Exchange Contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	1,400		$ 1,400
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	$ 16.1	$ 16.8	$ 34.7	$ 35.5

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Details 1) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Foreign Currency Derivative Instruments, Asset at Fair Value	$ 38,182	$ 44,637
Foreign Currency Derivative Instruments, Liability at Fair Value	$ (25,577)	$ (36,102)

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities (Details 2) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
Derivative Assets, Fair Value, Gross Assets	$ 38,182	$ 44,637
Gross Amount of Eligible Offsetting Recognized Derivative Liabilities	0	0
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	38,182	44,637
Derivative Asset, Not Offset, Policy Election Deduction	(19,279)	(25,187)
Cash Collateral Received	(3,838)	(9,918)
Derivative Asset, Fair Value, Amount Offset Against Collateral	15,065	9,532
Derivative Liability, Fair Value, Gross Liability	(25,577)	(36,102)
Gross Amount of Eligible Offsetting Recognized Derivative Assets	0	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	(25,577)	(36,102)
Derivative Liability, Not Offset, Policy Election Deduction	19,279	25,187
Cash Collateral Paid	969	2,048
Derivative Liability, Fair Value, Amount Offset Against Collateral	$ (5,329)	$ (8,867)

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
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	$ (2,126)	$ 7,085	$ 334	$ 8,380
HiFX Operations [Member] | Trading Revenue [Member]
Derivative Instruments, Loss [Line Items]
Foreign Currency Exchange Margin	$ 16,100	$ 16,800	$ 34,700	$ 35,500

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Instrument, Fair Value Disclosure	$ 678,000,000
Debt Securities	682,100,000
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	38,182,000	$ 44,637,000
Foreign Currency Contracts, Liability, Fair Value Disclosure	(25,577,000)	(36,102,000)
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	38,182,000	44,637,000
Foreign Currency Contracts, Liability, Fair Value Disclosure	(25,577,000)	(36,102,000)
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
0.75% Issue [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debt, Fair Value Disclosures	519,200,000
Convertible Debt	429,563,000
1.5% Issue [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debt	$ 0	$ 379,859,000

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)segment	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Segment Reporting Information [Line Items]
Revenues	$ 691,867	$ 622,224	$ 1,269,376	$ 1,172,739
Number of Reportable Segments | segment			3
Direct operating costs	393,811	361,512	$ 747,644	704,836
Salaries and benefits	98,550	91,723	191,345	177,429
Selling, general and administrative	53,842	52,357	101,989	102,368
Depreciation and amortization	27,767	26,263	54,407	52,265
Operating income (expense)	117,897	90,369	173,991	135,841
Property, Plant and Equipment, Net	324,298		324,298		$ 291,869
Assets	4,333,336		4,333,336		3,321,155
Costs and Expenses	573,970	531,855	1,095,385	1,036,898
Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	231,946	194,893	377,649	330,597
Direct operating costs	105,568	96,326	189,344	178,163
Salaries and benefits	21,339	19,046	40,770	36,051
Selling, general and administrative	10,745	10,216	19,831	19,331
Depreciation and amortization	17,778	16,383	34,420	32,583
Operating income (expense)	76,516	52,922	93,284	64,469
Property, Plant and Equipment, Net	237,468		237,468		215,106
Assets	2,052,915		2,052,915		1,220,141
Costs and Expenses	155,430	141,971	284,365	266,128
Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	184,160	166,463	360,274	343,308
Direct operating costs	140,427	125,423	273,952	260,345
Salaries and benefits	14,998	14,327	29,751	28,744
Selling, general and administrative	9,424	8,490	17,476	17,223
Depreciation and amortization	1,756	1,894	3,541	3,772
Operating income (expense)	17,555	16,329	35,554	33,224
Property, Plant and Equipment, Net	37,381		37,381		31,172
Assets	718,894		718,894		780,220
Costs and Expenses	166,605	150,134	324,720	310,084
Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	276,783	261,816	533,364	500,652
Direct operating costs	148,834	140,707	286,238	268,138
Salaries and benefits	52,713	49,118	103,869	96,475
Selling, general and administrative	31,731	31,426	60,840	61,125
Depreciation and amortization	8,159	7,953	16,297	15,848
Operating income (expense)	35,346	32,612	66,120	59,066
Property, Plant and Equipment, Net	49,384		49,384		45,517
Assets	1,508,408		1,508,408		1,310,775
Costs and Expenses	241,437	229,204	467,244	441,586
Corporate Services, Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Revenues	(1,022)	(948)	(1,911)	(1,818)
Direct operating costs	(1,018)	(944)	(1,890)	(1,810)
Salaries and benefits	9,500	9,232	16,955	16,159
Selling, general and administrative	1,942	2,225	3,842	4,689
Depreciation and amortization	74	33	149	62
Operating income (expense)	(11,520)	(11,494)	(20,967)	(20,918)
Property, Plant and Equipment, Net	65		65		74
Assets	53,119		53,119		$ 10,019
Costs and Expenses	10,498	10,546	19,056	19,100
Europe [Member]
Segment Reporting Information [Line Items]
Revenues	409,594	343,573	717,670	631,067
Europe [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	192,696	158,413	300,307	258,499
Europe [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	123,322	103,344	238,228	216,794
Europe [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	93,576	81,816	179,135	155,774
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Revenues	81,784	77,017	159,748	154,205
Asia Pacific [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	31,287	28,146	61,164	55,740
Asia Pacific [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	18,920	17,158	36,294	34,611
Asia Pacific [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	31,577	31,713	62,290	63,854
Other geographic locations [Member]
Segment Reporting Information [Line Items]
Revenues	10,293	8,230	19,950	16,882
Other geographic locations [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	5	7	15	15
Other geographic locations [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	4,186	3,691	8,356	8,582
Other geographic locations [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	6,102	4,532	11,579	8,285
North America [Member]
Segment Reporting Information [Line Items]
Revenues	191,218	194,352	373,919	372,403
North America [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	7,958	8,327	16,163	16,343
North America [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	37,732	42,270	77,396	83,321
North America [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	145,528	143,755	280,360	272,739
Consolidation, Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	$ (1,022)	$ (948)	$ (1,911)	$ (1,818)

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income taxes [Line Items]
Effective Income Tax Rate	31.50%	27.30%	31.60%	30.10%
Federal Statutory Income Tax Rate	21.00%

Commitments (Details)

Commitments (Details) $ in Millions	Jun. 30, 2019USD ($)
Other Commitments [Line Items]
Letters of Credit Outstanding, Amount	$ 76
Revolving Credit Facility [Member]
Other Commitments [Line Items]
Letters of Credit Outstanding, Amount	46.3
Cash and Cash Equivalents [Member]
Other Commitments [Line Items]
Pledged Assets, Not Separately Reported, Other	3.7
Guarantee Type, Other [Member]
Other Commitments [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	12.6
Performance Guarantee [Member]
Other Commitments [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	41.6
Indemnification Agreement [Member]
Other Commitments [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 718

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2019	Oct. 17, 2018
Subsequent Event [Line Items]
Line of Credit Facility, Expiration Date	Oct. 17, 2023
Unsecured Debt [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,000

Lease (Details)

Lease (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 296,900		$ 157,914
Operating Lease, Weighted Average Remaining Lease Term		4 years 6 months	4 years 6 months
Lease, Cost [Table Text Block]		$ 33,113	$ 63,573
Right of use lease asset		376,343	376,343
Current portion of operating lease liabilities		124,131	124,131
Operating lease obligations, net of current portion		241,630	241,630
Lessee, operating lease, liability, payments due remainder of fiscal year		64,248	64,248
Lessee, operating lease, liability, payments due year two		107,916	107,916
Lessee, operating lease, liability, payments due year three		78,654	78,654
Lessee, operating lease, liability, payments due year four		53,295	53,295
Lessee, Operating Lease, Liability, Payments, Due Year Five		33,856	33,856
Lessee, operating lease, liability, payments due after year five		53,388	53,388
Lessee, operating lease, liability, payments due		391,357	391,357
Operating Lease, Liability		365,761	365,761
Operating Leases, Future Minimum Payments Due, Next Twelve Months				$ 80,803
Operating Leases, Future Minimum Payments, Due in Two Years				65,590
Operating Leases, Future Minimum Payments, Due in Three Years				49,052
Operating Leases, Future Minimum Payments, Due in Four Years				37,823
Operating Leases, Future Minimum Payments, Due in Five Years				30,192
Operating Leases, Future Minimum Payments, Due Thereafter				48,191
Operating Leases, Future Minimum Payments Due				$ 311,651
Capital Leases, Future Minimum Payments, Interest Included in Payments		(25,596)	(25,596)
Variable Lease, Cost		12,320	18,889
Operating Lease, Expense		$ 45,433	$ 82,462
Operating Lease, Weighted Average Discount Rate, Percent		3.10%	3.10%

Lease Lease (Details)

Lease Lease (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Operating Lease, Weighted Average Remaining Lease Term	4 years 6 months
Operating Leases, Future Minimum Payments, Due Thereafter		$ 48,191
Operating Leases, Future Minimum Payments Due, Next Twelve Months		$ 80,803
Operating Lease, Weighted Average Discount Rate, Percent	3.10%

Unearned Revenue Unearned Reven

Unearned Revenue Unearned Revenue Details (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Deferred Revenue, Additions		$ 26.3
Deferred Revenue, Revenue Recognized	$ 23.2