Euronet Worldwide (EEFT) 10-Q 2 Nov 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Oct. 30, 2020
Entity Information [Line Items]
Entity File Number	001-31648
Entity Small Business	false
City Area Code	(913)
Local Phone Number	327-4200
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	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	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		52,314,901
Entity Tax Identification Number	74-2806888
Entity Address, City or Town	Leawood,
Entity Address, Address Line One	11400 Tomahawk Creek Parkway,
Entity Address, Address Line Two	Suite 300
Entity Address, State or Province	KS
Entity Address, Postal Zip Code	66211
Entity Emerging Growth Company	false
Common Stock
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	EEFT26
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,008,183	$ 786,081
ATM cash	409,683	665,641
Restricted cash	14,204	34,301
Settlement assets	875,783	1,013,067
Trade accounts receivable, net of credit losses of $4,364 at September 30, 2020 and $3,892 at December 31, 2019	119,725	201,935
Prepaid expenses and other current assets	227,155	217,707
Total current assets	2,654,733	2,918,732
Operating right of use lease assets	161,629	377,543
Property and equipment, net of accumulated depreciation of $460,963 at September 30, 2020 and $410,243 at December 31, 2019	366,276	359,980
Goodwill	641,886	743,823
Acquired intangible assets, net of accumulated amortization of $161,371 at September 30, 2020 and $204,853 at December 31, 2019	123,577	141,847
Other assets, net of accumulated amortization of $52,458 at September 30, 2020 and $46,788 at December 31, 2019	147,255	115,741
Total assets	4,095,356	4,657,666
Current liabilities:
Settlement obligations	875,783	1,013,067
Trade accounts payable	115,498	81,743
Accrued expenses and other current liabilities	312,604	294,557
Current portion of operating lease liabilities	52,120	127,353
Short-term debt obligations and current maturities of long-term debt obligations	884	6,089
Income taxes payable	25,231	52,583
Deferred revenue	55,779	58,588
Total current liabilities	1,437,899	1,633,980
Debt obligations, net of current portion	1,132,626	1,090,939
Operating lease obligations, net of current portion	106,475	241,977
Deferred income taxes	54,868	56,067
Other long-term liabilities	57,730	55,361
Total liabilities	2,789,598	3,078,324
Euronet Worldwide, Inc. stockholders' equity:
Preferred Stock, $0.02 par value. 10,000,000 shares authorized; none issued
Common Stock, $0.02 par value. 90,000,000 shares authorized; 62,955,214 issued at September 30, 2020 and 62,775,762 issued at December 31, 2019	1,259	1,256
Additional paid-in-capital	1,210,709	1,190,058
Treasury stock, at cost, 10,645,079 shares at September 30, 2020 and 8,554,908 shares at December 31, 2019	(703,604)	(463,704)
Retained earnings	942,920	1,016,554
Accumulated other comprehensive loss	(145,583)	(164,890)
Total Euronet Worldwide, Inc. stockholders' equity	1,305,701	1,579,274
Noncontrolling interests	57	68
Total equity	1,305,758	1,579,342
Total liabilities and equity	$ 4,095,356	$ 4,657,666

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 4,364	$ 3,892
Accumulated depreciation of property and equipment	460,963	410,243
Accumulated amortization of intangible assets	161,371	204,853
Accumulated amortization of other assets	$ 52,458	$ 46,788
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	62,955,214	62,775,762
Treasury stock, shares	10,645,079	8,554,908

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement [Abstract]
Revenues	$ 664,351	$ 786,986	$ 1,776,061	$ 2,056,362
Operating expenses:
Direct operating costs	407,598	405,081	1,117,065	1,152,725
Salaries and benefits	101,577	101,354	293,769	292,699
Selling, general and administrative	55,225	58,715	169,333	160,704
Goodwill and acquired intangible assets impairment	1,467		106,021
Depreciation and amortization	32,412	27,846	93,470	82,253
Total operating expenses	598,279	592,996	1,779,658	1,688,381
Operating income (loss)	66,072	193,990	(3,597)	367,981
Other income (expense):
Interest income	139	568	867	1,424
Interest expense	(9,477)	(9,093)	(27,594)	(27,321)
Loss on early retirement of debt				(9,831)
Foreign currency exchange loss, net	(1,368)	(10,967)	(17,679)	(7,880)
Other gain (loss)			728	(4)
Other expense, net	(10,706)	(19,492)	(43,678)	(43,612)
Income (loss) before income taxes	55,366	174,498	(47,275)	324,369
Income tax expense	(15,051)	(36,957)	(26,423)	(84,244)
Net income (loss)	40,315	137,541	(73,698)	240,125
Net (income) loss attributable to noncontrolling interests	(66)	66	64	178
Net income (loss) attributable to Euronet Worldwide, Inc.	$ 40,249	$ 137,607	$ (73,634)	$ 240,303
Earnings (loss) per share attributable to Euronet Worldwide, Inc. stockholders:
Basic	$ 0.77	$ 2.53	$ (1.40)	$ 4.52
Diluted	$ 0.76	$ 2.46	$ (1.40)	$ 4.40
Weighted average shares outstanding:
Basic	52,294,522	54,449,256	52,712,030	53,180,850
Diluted	53,201,971	55,972,061	52,712,030	54,622,219

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement [Abstract]
Net income (loss)	$ 40,315	$ 137,541	$ (73,698)	$ 240,125
Translation adjustment	47,006	(56,863)	19,360	(60,887)
Comprehensive income (loss)	87,321	80,678	(54,338)	179,238
Comprehensive (income) loss attributable to noncontrolling interests	(133)	126	11	255
Comprehensive income (loss) attributable to Euronet Worldwide, Inc.	$ 87,188	$ 80,804	$ (54,327)	$ 179,493

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity Statement - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interest
Balance at Dec. 31, 2018	$ 1,232,842	$ 1,198	$ 1,104,264	$ (391,551)	$ 669,805	$ (151,043)	$ 169
Balance, shares at Dec. 31, 2018		51,819,998
Other comprehensive loss	(16,185)					(16,156)	(29)
Stock issued under employee stock plans	3,441	$ 3	5,194	(1,756)
Stock issued under employee stock plans, shares		130,136
Share-based compensation	4,490		4,490
Issuance of convertible notes, net of tax	71,660		71,660
Redemptions and conversions of convertible notes, net of tax	(42,917)		(42,917)
Redemptions and conversions of convertible notes, net of tax, shares		6
Net (loss) income	34,579				34,543		36
Balance at Mar. 31, 2019	1,287,910	$ 1,201	1,142,691	(393,307)	704,348	(167,199)	176
Balance, shares at Mar. 31, 2019		51,950,140
Balance at Dec. 31, 2018	1,232,842	$ 1,198	1,104,264	(391,551)	669,805	(151,043)	169
Balance, shares at Dec. 31, 2018		51,819,998
Net (loss) income	240,125
Balance at Sep. 30, 2019	1,445,552	$ 1,252	1,179,413	(433,282)	910,108	(211,853)	(86)
Balance, shares at Sep. 30, 2019		54,240,495
Balance at Mar. 31, 2019	1,287,910	$ 1,201	1,142,691	(393,307)	704,348	(167,199)	176
Balance, shares at Mar. 31, 2019		51,950,140
Other comprehensive loss	12,161					12,149	12
Stock issued under employee stock plans	1,694		1,740	(46)
Stock issued under employee stock plans, shares		41,856
Share-based compensation	6,003		6,003
Redemptions and conversions of convertible notes, net of tax	22,450	$ 50	22,400
Redemptions and conversions of convertible notes, net of tax, shares		2,488,243
Net (loss) income	68,005				68,153		(148)
Balance at Jun. 30, 2019	1,398,223	$ 1,251	1,172,834	(393,353)	772,501	(155,050)	40
Balance, shares at Jun. 30, 2019		54,480,239
Other comprehensive loss	(56,863)					(56,803)	(60)
Stock issued under employee stock plans	954	$ 1	1,131	(178)
Stock issued under employee stock plans, shares		35,437
Share-based compensation	5,456		5,456
Repurchase of shares	(39,751)			(39,751)
Repurchase of shares, shares		(275,181)
Other	(8)		(8)
Net (loss) income	137,541				137,607		(66)
Balance at Sep. 30, 2019	1,445,552	$ 1,252	1,179,413	(433,282)	910,108	(211,853)	(86)
Balance, shares at Sep. 30, 2019		54,240,495
Balance at Dec. 31, 2019	1,579,342	$ 1,256	1,190,058	(463,704)	1,016,554	(164,890)	68
Balance, shares at Dec. 31, 2019		54,220,854
Other comprehensive loss	(59,818)					(59,777)	(41)
Stock issued under employee stock plans	1,453	$ 1	1,701	(249)
Stock issued under employee stock plans, shares		80,519
Share-based compensation	6,338		6,338
Repurchase of shares	(239,763)			(239,763)
Repurchase of shares, shares		2,095,683
Net (loss) income	1,720				1,921		(201)
Balance at Mar. 31, 2020	1,289,272	$ 1,257	1,198,097	(703,716)	1,018,475	(224,667)	(174)
Balance, shares at Mar. 31, 2020		52,205,690
Balance at Dec. 31, 2019	1,579,342	$ 1,256	1,190,058	(463,704)	1,016,554	(164,890)	68
Balance, shares at Dec. 31, 2019		54,220,854
Net (loss) income	(73,698)
Balance at Sep. 30, 2020	1,305,758	$ 1,259	1,210,709	(703,604)	942,920	(145,583)	57
Balance, shares at Sep. 30, 2020		52,310,135
Balance at Mar. 31, 2020	1,289,272	$ 1,257	1,198,097	(703,716)	1,018,475	(224,667)	(174)
Balance, shares at Mar. 31, 2020		52,205,690
Other comprehensive loss	32,172					32,145	27
Stock issued under employee stock plans	3,824	$ 2	3,763	59
Stock issued under employee stock plans, shares		82,841
Share-based compensation	3,125		3,125
Net (loss) income	(115,733)				(115,804)		71
Balance at Jun. 30, 2020	1,212,660	$ 1,259	1,204,985	(703,657)	902,671	(192,522)	(76)
Balance, shares at Jun. 30, 2020		52,288,531
Other comprehensive loss	47,006					46,939	67
Stock issued under employee stock plans	740		687	53
Stock issued under employee stock plans, shares		21,604
Share-based compensation	5,037		5,037
Net (loss) income	40,315				40,249		66
Balance at Sep. 30, 2020	$ 1,305,758	$ 1,259	$ 1,210,709	$ (703,604)	$ 942,920	$ (145,583)	$ 57
Balance, shares at Sep. 30, 2020		52,310,135

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Statement of Cash Flows [Abstract]
Net (loss) income	$ (73,698)	$ 240,125
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	93,470	82,253
Share-based compensation	14,500	15,949
Unrealized foreign exchange loss, net	17,679	7,880
Deferred income taxes	(5,011)	13,313
Goodwill and acquired intangible assets impairment	106,021
Loss on early retirement of debt		9,831
Accretion of convertible debt discount and amortization of debt issuance costs	13,996	13,385
Changes in working capital, net of amounts acquired:
Income taxes payable, net	(26,625)	15,363
Trade accounts receivable	232,380	4,719
Prepaid expenses and other current assets	(25,917)	(26,292)
Trade accounts payable	(127,291)	(62,078)
Deferred revenue	(4,540)	5
Accrued expenses and other current liabilities	25,110	58,559
Changes in noncurrent assets and liabilities	(19,658)	(8,633)
Net cash provided by operating activities	220,416	364,379
Cash flows from investing activities:
Acquisitions, net of cash acquired	(451)	1
Purchases of property and equipment	(71,396)	(100,443)
Purchases of other long-term assets	(5,968)	(7,276)
Other, net	742	3,317
Net cash used in investing activities	(77,073)	(104,401)
Cash flows from financing activities:
Proceeds from issuance of shares	6,564	8,297
Repurchase of shares	(240,838)	(37,260)
Borrowings from revolving credit agreements	2,018,600	2,365,698
Repayments of revolving credit agreements	(2,018,600)	(2,580,871)
Proceeds from long-term debt obligations		1,194,900
Repayments of long-term debt obligations		(446,702)
Net borrowing from short-term debt obligations	(5,032)	(18,793)
Debt issuance costs		(18,810)
Other, net	(4,763)	(4,827)
Net cash (used in) provided by financing activities	(244,069)	461,632
Effect of exchange rate changes on cash and cash equivalents and restricted cash	32,042	(57,807)
(Decrease) increase in cash and cash equivalents and restricted cash	(68,684)	663,803
Cash and cash equivalents and restricted cash at beginning of period	1,817,379	1,130,952
Cash and cash equivalents and restricted cash at end of period	1,748,695	1,794,755
Supplemental disclosure of cash flow information:
Interest paid during the period	16,653	10,614
Income taxes paid during the period	$ 50,300	$ 55,025

General

General	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	( 1 Organization Euronet Worldwide, Inc. (the “Company” or “Euronet”) was established as a Delaware corporation on December 13, 1997 and succeeded Euronet Holding N.V. as the group holding company, which was founded and established in 1994. Euronet is a leading electronic payments provider. Euronet offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Euronet's primary product offerings include comprehensive automated teller machine (“ATM”), point-of-sale (“POS”), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products, and global money transfer services. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared from the records of the Company, in conformity with accounting principles generally accepted in the U.S. (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, such unaudited consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to fairly present the consolidated financial position and the results of operations, comprehensive income, changes in equity 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, 2019 , including the notes thereto, set forth in the Company’s 2019 Annual Report on Form 10-K. 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 reporting 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, 2020 . Seasonality Euronet’s Electronic Funds Transfer ("EFT") Processing Segment normally experiences its heaviest demand for dynamic currency conversion ("DCC") services during the third quarter of the fiscal year, normally coinciding with the tourism season. Additionally, the EFT Processing and epay Segments are normally impacted by seasonality during the fourth quarter and 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 region 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 its lowest transaction levels during the first quarter of the year. COVID-19 (coronavirus) T he outbreak of the COVID-19 (coronavirus) pandemic has resulted in varying degrees of travel restrictions and shelter-in-place and other social distancing orders in most of the countries where the Company operates during the three and nine months ended September 30, 2020. Although the majority of these orders went into effect in late February 2020 or early March 2020, new orders are being implemented, or reinstated, as the pandemic spreads around the globe and there is a resurgence of infections. The EFT Segment has experienced declines in certain transaction volumes due to these restrictions, especially high-margin cross-border transactions. The epay Segment has experienced the impacts of consumer movement restrictions in certain markets, while other markets have been positively impacted where the Company has a higher mix of digital distribution or a higher concentration of retailers that are deemed essential and have remained open during the pandemic. In response to the COVID-19 driven impacts, the Company has implemented several key measures to offset the impact across the business, including renegotiating certain third party contracts, reducing travel, decreasing planned 2020 capital expenditures, and expanding ATM winterizations (placing them in dormancy status, terminating, or re-negotiating) in more sites and more markets.

Recently Issued and Adopted Acc

Recently Issued and Adopted Accounting Pronouncements	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
RECENTLY ISSUED AND ADOPTED ACCOUNTING PRONOUNCEMENTS	(2) RECENTLY ISSUED AND ADOPTED ACCOUNTING PRONOUNCEMENTS In August 2020, the Financial Accounting Standards Board ("FASB") issued ASU 2020-06, "Accounting for Convertible Instruments and Contracts in an Entity's Own Equity" In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848), which provides optional expedients and exceptions for contracts, hedging relationships, and other transactions affected by reference rate reform due to the anticipated cessation of LIBOR on or before December 31, 2021. This guidance is effective from March 12, 2020 through December 31, 2022 and could impact the accounting for LIBOR provisions in the Company’s unsecured credit agreement. The Company does not expect that the adoption of this guidance will have a significant impact on its consolidated financial statements. The Company adopted ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), as of January 1, 2020, which requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This replaced the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost. The adoption of this standard did not have a significant impact on the Company's consolidated financial statements and related disclosures.

Settlement Assets and Obligatio

Settlement Assets and Obligations	9 Months Ended
	Sep. 30, 2020
Settlement Assets [Abstract]
SETTLEMENT ASSETS AND OBLIGATIONS	(3) SETTLEMENT ASSETS AND OBLIGATIONS Settlement assets represent funds received or to be received from agents for unsettled money transfers and from merchants for unsettled prepaid transactions. The Company records corresponding settlement obligations relating to amounts payable. Settlement assets consist of cash and cash equivalents, restricted cash, accounts receivable and prepaid expenses and other current assets. Cash received by Euronet agents and merchants generally becomes available to the Company within two weeks after initial receipt by the business partner. Receivables from business partners represent funds collected by such business partners that are in transit to the Company. Settlement obligations consist of money transfers and accounts payable to agents and content providers. Money transfer accounts payable represent amounts to be paid to transferees when they request funds. Most agents typically settle with transferees first then obtain reimbursement from the Company. Money order accounts payable represent amounts not yet presented for payment. Due to the agent funding and settlement process, accounts payable to agents represent amounts due to agents for money transfers that have not been settled with transferees. As of (in thousands) September 30, 2020 December 31, 2019 Settlement assets: Settlement cash and cash equivalents $ 272,467 $ 282,188 Settlement restricted cash 44,158 49,168 Accounts receivable, net of credit losses 434,828 574,410 Prepaid expenses and other current assets 124,330 107,301 Total settlement assets $ 875,783 $ 1,013,067 Settlement obligations: Trade account payables $ 346,391 $ 504,667 Accrued expenses and other current liabilities 529,392 508,400 Total settlement obligations $ 875,783 $ 1,013,067 A portion of the Company's credit losses are recorded in the accounts receivable within settlement assets. The balance of credit losses related to accounts receivable within settlement assets was $ million and $ million as of September 30, 2020 and December 31, 2019, respectively. The table below reconciles cash and cash equivalents, restricted cash, ATM cash, settlement cash and cash equivalents, and settlement restricted cash as presented within "Cash and cash equivalents and restricted cash" in the Consolidated Statement of Cash Flows. As of (in thousands) September 30, 2020 December 31, 2019 September 30, 2019 December 31, 2018 Cash and cash equivalents $ 1,008,183 $ 786,081 $ 878,492 $ 385,031 Restricted cash 14,204 34,301 21,844 31,237 ATM cash 409,683 665,641 603,176 395,378 Settlement cash and cash equivalents 272,467 282,188 249,181 273,948 Settlement restricted cash 44,158 49,168 42,062 45,358 Cash and cash equivalents and restricted cash at end of period $ 1,748,695 $ 1,817,379 $ 1,794,755 $ 1,130,952

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	(4) STOCKHOLDERS' EQUITY Earnings (Loss) Per Share Basic earnings (loss) per share has been computed by dividing earnings (loss) available to common stockholders by the weighted average number of common shares outstanding during the respective period. Diluted earnings (loss) per share has been computed by dividing earnings (loss) available to common stockholders by the weighted average shares outstanding during the respective period, after adjusting for the potential dilution of options to purchase the Company's Common Stock, assumed vesting of restricted stock and the assumed conversion of the Company's convertible debt, if such conversion would be dilutive. The following table provides the computation of diluted weighted average number of common shares outstanding: Three Months Ended September 30, Nine Months Ended 2020 2019 2020 2019 Computation of diluted weighted average shares outstanding: Basic weighted average shares outstanding 52,294,522 54,449,256 52,712,030 53,180,850 Incremental shares from assumed exercise of stock options and vesting of restricted stock 907,449 1,522,805 — 1,441,369 Diluted weighted average shares outstanding 53,201,971 55,972,061 52,712,030 54,622,219 The table includes all stock options and restricted stock that are dilutive to the Company's weighted average common shares outstanding during the period. The calculation of diluted earnings (loss) 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 1,122,000 and 1,887,000 for the three and nine months ended September 30, 2020 , respectively, and approximately 751,000 September 30, 2019 , respectively. The Company issued Convertible Senior Notes ("Convertible Notes") due March 2049 on March 18, 2019. The Company's Convertible Notes currently have a settlement feature 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 were included in the calculation of diluted earnings (loss) per share if their inclusion was dilutive. The dilutive effect increases the more the market price exceeds the conversion price. 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. The market price per share per share of common stock was $91.10 on September 30, 2020 and $146.30 on September 30, 2019 , t Earnings per Share (“ASC 260”) , there was no dilutive effect of the assumed conversion of the debentures for the three and nine months ended September 30, 2020 and 2019. See Note 8, Debt Obligations, to the consolidated financial statements for more information about the Convertible Notes. Share repurchases The Company's Board of Directors had authorized a stock repurchase program allowing Euronet to repurchase up to $375 million in value or 10.0 million shares of stock through March 31, 2020. On March 11, 2019, in connection with the issuance of the Convertible Notes, the Board of Directors authorized an additional repurchase program of $120 million in value of the Company's common stock through March 11, 2021. On February 26, 2020, the Company put a repurchase program in place to repurchase up to $250 million in value, but not more than 5.0 million shares of common stock through February 28, 2022. For the three months ended September 30, 2020, there were no repurchases of stock under the repurchase programs and for the nine months ended September 30, 2020 , the Company repurchased $239.8 million in value of Euronet common stock under the repurchase programs. Repurchases under either current 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. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss consists entirely of foreign currency translation adjustments. The Company recorded a foreign currency translation gain of $47.0 million and $19.4 million for the three and nine months ended September 30, 2020 , respectively, and a loss of $56.9 million and $60.9 million three and nine months ended September 30, 2019, respectively. There were no reclassifications of foreign currency translation into the consolidated statements of income for the three and nine months ended September 30, 2020 and 2019 .

Goodwill and Acquired Intangibl

Goodwill and Acquired Intangible Assets, Net	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET	( 5 A summary of acquired intangible assets and goodwill activity for the nine months ended September 30, 2020 is presented below: (in thousands) Acquired Intangible Assets Goodwill Total Intangible Assets Balance as of December 31, 2019 $ 141,847 $ 743,823 $ 885,670 Increases (decreases): Acquisition 926 (474 ) 452 Amortization (17,020 ) — (17,020 ) Impairment (1,467 ) (104,554 ) (106,021 ) Other (primarily changes in foreign currency exchange rates) (709 ) 3,091 2,382 Balance as of September 30, 2020 $ 123,577 $ 641,886 $ 765,463 Of the total goodwill balance of $641.9 million as of September 30, 2020 , $388.5 million relates to the Money Transfer Segment, $131.9 million relates to the epay Segment and the remaining $121.5 million relates to the EFT Processing Segment. 2020 Impairment Charges The COVID- pandemic and subsequent mitigation efforts, which include global business shutdowns, the closing of borders and the implementation of mandatory social distancing requirements, has created an unprecedented disruption to our business that began in March 2020 . These mitigation efforts coupled with the negative economic impacts to the tourism industry caused a decline in revenues and changes to our forecasts. reporting units, resulting in quantitative impairment tests. reporting units are within the EFT segment, reporting units are within the Money Transfer segment, and reporting unit is within the epay segment. Under the quantitative impairment test, the evaluation of impairment involves comparing the current fair value of each reporting unit to its carrying value, including goodwill. The Company uses weighted results from the discounted cash flow model ("DCF model") and guideline public company method ("Market Approach model") to estimate the current fair value of its reporting units when testing for impairment, as management believes forecasted cash flows and EBITDA are the best indicators of such fair value. The DCF Model and Market Approach Model utilize Level 3 inputs in the fair value hierarchy as they include unobservable inputs that require significant management assumptions. The Company completed an interim goodwill impairment test during the second quarter of 2020. It determined, after performing a quantitative review of six reporting units, that the fair value of three of the reporting units exceeded the respective carrying amounts. For the remaining three reporting units, the quantitative test indicated that the fair value of each of the reporting units was less than the respective carrying amounts. As a result, the Company recorded a non-cash goodwill impairment charge of $104.6 million $21.9 $82.7 We have and will continue to evaluate our goodwill and long-lived assets for potential triggering events as conditions warrant. 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 2019 annual impairment test and 2020 interim 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. As additional information regarding the impact of the COVID-19 pandemic on the Company's business, including intangible assets, becomes available, the impacts to cash flows and the related impact on recovery of intangible assets will be evaluated. During the third quarter of 2020, the Company recorded a $ 1.5 million non-cash impairment charge for acquired intangible assets, specifically related to customer lists in the xe reporting unit.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Sep. 30, 2020
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	( 6 Accrued expenses and other current liabilities consist of the following: As of (in thousands) September 30, 2020 December 31, 2019 Accrued expenses $ 264,575 $ 246,699 Derivative liabilities 41,563 41,935 Current portion of capital lease obligations 6,466 5,919 Deferred income taxes — 4 Total $ 312,604 $ 294,557

Unearned Revenues

Unearned Revenues	9 Months Ended
	Sep. 30, 2020
Deferred Revenue Disclosure [Abstract]
UNEARNED REVENUES	(7) The Company records deferred revenues when cash payments are received or due in advance of its performance. The decrease in the deferred revenue balance for the nine months ended September 30, 2020 is primarily driven by $31.5 million of cash payments received in the current year for which the Company has not yet satisfied the performance obligations, offset by $34.3 million of revenues recognized that were included in the deferred revenue balance as of December 31, 2019.

Debt Obligations

Debt Obligations	9 Months Ended
	Sep. 30, 2020
Debt Obligations [Abstract]
DEBT OBLIGATIONS	(8) DEBT OBLIGATIONS Debt obligations consist of the following: As of (in thousands) September 30, 2020 December 31, 2019 Credit Facility: Revolving credit agreement $ — $ — Convertible Debt: 0.75% convertible notes, unsecured, due 2049 448,344 436,965 1.375% Senior Notes, due 2026 703,200 673,440 Other obligations 942 6,215 Total debt obligations 1,152,486 1,116,620 Unamortized debt issuance costs (18,976 ) (19,592 ) Carrying value of debt 1,133,510 1,097,028 Short-term debt obligations and current maturities of long-term debt obligations (884 ) (6,089 ) Long-term debt obligations $ 1,132,626 $ 1,090,939 Credit Facility On October 17, 2018, the Company entered into an 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 unsecured revolving credit agreement allows for borrowings in Australian dollars, British pounds sterling, Canadian dollars, Czech koruna, Danish krone, euro, Hungarian forints, Japanese yen, New Zealand dollars, Norwegian krone, Polish zlotys, Swedish krona, Swiss francs, and U.S. dollars. The revolving credit facility contains a $200 million sublimit for the issuance of letters of credit, a $50 million sublimit for U.S. dollar swingline loans, and a $90 million sublimit for certain foreign currencies swingline loans. The unsecured revolving credit agreement contains customary affirmative and negative covenants, events of default and financial covenants. The Company was in compliance with all debt covenants, as of September 30, 2020 . Convertible Debt On March 18, 2019, the Company completed the sale of $525.0 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 if certain conditions are met (relating to the closing price of Euronet Common Stock exceeding certain thresholds for specified periods). Holders of the Convertible Notes have the option to require the Company to purchase their notes on each of March 15, 2025, March 15, 2029, March 15, 2034, March 15, 2039 and March 15, 2044 at a repurchase price equal to % of the principal amount of the Convertible Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the relevant repurchase date. On May 28, 2019, the Company redeemed all of the remaining principal amount outstanding of the Company's 1.5% Convertible Senior Notes due 2044 (the "Retired Convertible Notes") 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, May 28, 2020. 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 Convertible Notes was $1.0 million and $3.0 million nine months ended September 30, 2020, respectively and $1.0 million and $2.1 million for the . Accretion expense for the Convertible Notes was $3.8 million and $11.4 million nine months ended September 30, 2020, respectively and $3.7 million and $7.9 million for the three and nine months ended September 30, 2019, respectively was $1.5 million for ccretion expense for the Retired Convertible Notes was $4.6 million for the nine months ended September 30, 2019 4.4% for the three and nine months ended September 30, 2020 . As of September 30, 2020 , the unamortized discount was $76.7 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 in 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 September 30, 2020 , the Company has outstanding €600 million ( $703.2 million ) principal amount of the Senior Notes. In addition, the Company may redeem some or all of these notes on or after February 22, 2026 at their principal amount plus any accrued and unpaid interest. Other obligations Certain of the Company's subsidiaries have available lines of credit and overdraft credit facilities that generally provide for short-term borrowings that are used from time to time for working capital purposes. As of September 30, 2020 and December 31, 2019 , borrowings under these arrangements were $0.9 million and $6.2 million , respectively. Uncommitted Line of Credit On September 4, 2019, the Company entered into an Uncommitted Loan Agreement with Bank of America which provided Euronet up to $100.0 million under an uncommitted line of credit. Interest on borrowings was equal to plus 0.65% and the agreement was set to expire September 4, 202 0 During the three months ended June 30, 2020, the Company and Bank of America mutually agreed to terminate the Uncommitted Loan Agreement.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	( 9 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) certain foreign currency denominated other asset and liability positions. 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 815 , primarily due to either the relatively short duration of the contract term or the effects of fluctuations in currency exchange rates are reflected concurrently in earnings for both the derivative instrument and the transaction and have an offsetting effect. Foreign currency exchange contracts - Ria Operations and Corporate In the United States, the Company uses short-duration foreign currency forward contracts, generally with maturities up to , 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 September 30, 2020 , the Company had foreign currency forward contracts outstanding in the U.S. with a notional value of $180 million . The foreign currency forward contracts consist primarily in Australian dollars, Canadian dollars, British pounds sterling, euro 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 short-term borrowings that are payable in currencies other than the U.S dollar. As of September 30, 2020 , the Company had foreign currency forward contracts outstanding with a notional value of $213 million , primarily in euro. 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 hedges 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 $14.4 million and $45.7 million for the three and nine months ended September 30, 2020 , respectively, and $17.5 million and $52.2 million for the three and nine months ended September 30, 2019 , respectively. All of the derivative contracts used in the Company' s xe operations are economic hedges and are not designated as hedges under ASC 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 amount of foreign currency derivative customer contracts held by the Company in its xe operations as of September 30, 2020 was approximately $1.3 billion . The significant majority of customer contracts are written in major currencies such as the euro, U.S. dollar, British pounds sterling, Australian dollar and New Zealand 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 September 30, 2020 December 31, 2019 Balance Sheet Location September 30, 2020 December 31, 2019 Derivatives not designated as hedging instruments Foreign currency exchange contracts Prepaid expenses and other current assets $ 49,574 $ 54,765 Accrued expenses and other current liabilities $ (41,563 ) $ (41,935 ) The following tables summarize the gross and net fair value of derivative assets and liabilities as of September 30, 2020 and December 31, 2019 (in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Consolidated Balance Sheet As of September 30, 2020 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 $ 49,574 $ — $ 49,574 $ (29,488 ) $ (894 ) $ 19,192 As of December 31, 2019 Derivatives subject to a master netting arrangement or similar agreement $ 54,765 $ — $ 54,765 $ (34,935 ) $ (7,362 ) $ 12,468 Offsetting of Derivative Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheet As of September 30, 2020 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 $ (41,563 ) $ — $ (41,563 ) $ 29,488 $ 2,321 $ (9,754 ) As of December 31, 2019 Derivatives subject to a master netting arrangement or similar agreement $ (41,935 ) $ — $ (41,935 ) $ 34,935 $ 827 $ (6,173 ) See Note 10, 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 nine months ended September 30, 2020 and 2019 : Amount of Gain Recognized in Income on Derivative Contracts (a) Location of Gain Recognized in Income on Derivative Contracts Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2020 2019 2020 2019 Foreign currency exchange contracts - Ria Operations Foreign currency exchange (loss) gain, net $ (4,060 ) $ 285 $ ( ) $ 619 (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. See Note 10, Fair Value Measurements, for the determination of the fair values of derivatives.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	( 10 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 September 30, 2020 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 49,574 $ — $ 49,574 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (41,563) $ — $ (41,563) As of December 31, 2019 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 54,765 $ — $ 54,765 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (41,935 ) $ — $ (41,935 ) Other Fair Value Disclosures The carrying amounts of cash and cash equivalents, trade accounts receivable, trade accounts payable and short-term debt obligations approximate fair values due to their short maturities. The carrying values of the Company’s revolving credit agreements approximate fair values because interest is based on LIBOR that resets at various intervals of less than one year. The Company estimates the fair value of the Convertible Notes using quoted prices in inactive markets for identical liabilities (Level 2). As of September 30, 2020 , the fair values of the Convertible Notes and Senior Notes were $642.6 million and $687.8 million , respectively, with carrying values of $448.3 million and $703.2 million , respectively.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
SEGMENT INFORMATION	(11) SEGMENT INFORMATION Euronet’s reportable operating segments have been determined in accordance with ASC Topic 280, Segment Reporting (“ASC 280”) . 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 surcharges and other value added services. Through this segment, the Company also offers a suite of integrated electronic financial transaction software solutions for electronic payment and transaction delivery systems. 2) Through the epay Segment, the Company provides distribution, processing and collection services for prepaid mobile airtime and other electronic payment products in Europe, the Middle East, Asia Pacific, the U.S. and South America. 3) Through the Money Transfer Segment, the Company provides global money transfer services under the brand names Ria, AFEX Money Express, IME, and xe. Ria, AFEX Money Express 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. 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. Furthermore, xe provides cash management solutions and foreign currency risk management services to small-to-medium sized businesses. In addition, the Company accounts for non-operating activity, 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 nine months ended September 30, 2020 and 2019 : For the Three Months Ended September 30, 2020 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 144,062 $ 198,939 $ 323,092 $ (1,742) $ 664,351 Operating expenses: Direct operating costs 82,626 149,993 176,718 (1,739) 407,598 Salaries and benefits 25,182 16,108 52,035 8,252 101,577 Selling, general and administrative 8,577 8,455 36,601 1,592 55,225 Goodwill and acquired intangible assets impairment — — 1,467 — 1,467 Depreciation and amortization 21,516 2,134 8,645 117 32,412 Total operating expenses 137,901 176,690 275,466 8,222 598,279 Operating income (expense) $ 6,161 $ 22,249 $ 47,626 $ (9,964) $ 66,072 For the Three Months Ended September 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 316,188 $ 191,071 $ 280,837 $ (1,110 ) $ 786,986 Operating expenses: Direct operating costs 111,116 145,410 149,663 (1,108 ) 405,081 Salaries and benefits 23,936 15,188 51,555 10,675 101,354 Selling, general and administrative 12,191 8,838 35,820 1,866 58,715 Depreciation and amortization 18,044 1,572 8,151 79 27,846 Total operating expenses 165,287 171,008 245,189 11,512 592,996 Operating income (expense) $ 150,901 $ 20,063 $ 35,648 $ (12,622 ) $ 193,990 For the Nine Months Ended September 30, 2020 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 368,375 $ 559,413 $ 852,189 $ (3,916) $ 1,776,061 Operating expenses: Direct operating costs 232,627 424,123 464,216 (3,901) 1,117,065 Salaries and benefits 68,562 46,996 154,958 23,253 293,769 Selling, general and administrative 29,033 25,928 108,355 6,017 169,333 Goodwill and acquired intangible assets impairment 21,861 — 84,160 — 106,021 Depreciation and amortization 61,772 5,629 25,793 276 93,470 Total operating expenses 413,855 502,676 837,482 25,645 1,779,658 Operating income (expense) $ (45,480) $ 56,737 $ 14,707 $ (29,561) $ (3,597) For the Nine Months Ended September 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 693,837 $ 551,345 $ 814,201 $ (3,021 ) $ 2,056,362 Operating expenses: Direct operating costs 300,460 419,362 435,901 (2,998 ) 1,152,725 Salaries and benefits 64,706 44,939 155,424 27,630 292,699 Selling, general and administrative 32,022 26,314 96,660 5,708 160,704 Depreciation and amortization 52,464 5,113 24,448 228 82,253 Total operating expenses 449,652 495,728 712,433 30,568 1,688,381 Operating income (expense) $ 244,185 $ 55,617 $ 101,768 $ (33,589 ) $ 367,981 The following table presents the Company’s total assets by reportable segment: Total Assets as of (in thousands) September 30, 2020 December 31, 2019 EFT Processing $ 1,503,385 $ 1,914,144 epay 812,444 962,671 Money Transfer 1,480,624 1,560,136 Corporate Services, Eliminations and Other 298,903 220,715 Total $ 4,095,356 $ 4,657,666 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 September 30, 2020 For the Nine Months Ended September 30, 2020 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 107,182 $ 131,330 $ 127,399 $ 365,911 $ 251,583 $ 368,101 $ 317,187 $ 936,871 North America 14,318 32,645 152,195 199,158 42,461 102,603 422,980 568,044 Asia Pacific 22,562 26,679 34,036 83,277 74,327 69,916 91,116 235,359 Other — 8,285 9,462 17,747 4 18,793 20,906 39,703 Eliminations — — — (1,742) — — — (3,916) Total $ 144,062 $ 198,939 $ 323,092 $ 664,351 $ 368,375 $ 559,413 $ 852,189 $ 1,776,061 For the September 30, 2019 For the September 30, 2019 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 274,313 $ 130,602 $ 94,625 $ 499,540 $ 574,620 $ 368,830 $ 273,760 $ 1,217,210 North America 8,717 37,218 147,989 193,924 24,880 114,614 428,349 567,843 Asia Pacific 33,153 19,039 31,575 83,767 94,317 55,333 93,865 243,515 Other 5 4,212 6,648 10,865 20 12,568 18,227 30,815 Eliminations — — — (1,110 ) — — — ( ) Total $ 316,188 $ 191,071 $ 280,837 $ 786,986 $ 693,837 $ 551,345 $ 814,201 $ 2,056,362

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	( 12 The Company's effective income tax rate was 27.2 and (55.9) for the three and nine months ended September 30, 2020 , respectively, compared to 21.2% and 26.0% for the three and nine months ended September 30, 2019 . The Company's effective income tax rate for the months ended September 30, 2020 was higher than the applicable statutory income tax rate of 21% primarily due to the non-deductible goodwill impairment charge during the second quarter of 2020 and as a result of an increase in the valuation allowance in certain jurisdictions relating to the reversal of tax benefits recognized in the first and second quarter of 2020 for net operating losses in those jurisdictions which have a limited history of profitable earnings. 21% largely because of the application to the Company of the global intangible low-taxed income ("GILTI") tax provision and certain foreign earnings of the Company being subject to higher local statutory income tax rates.

Commitments

Commitments	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	(13) COMMITMENTS As of September 30, 2020 , the Company had $71.7 million of stand-by letters of credit/bank guarantees issued on its behalf, of which $46.9 million are outstanding under the Credit Facility. The remaining stand-by letters of credit/bank guarantees are collateralized by $4.1 million of cash deposits held by the respective issuing banks. Under certain circumstances, Euronet grants guarantees in support of obligations of subsidiaries. As of September 30, 2020 , the Company had granted off balance sheet guarantees for cash in various ATM networks amounting to $12.1 million over the terms of the cash supply agreements and performance guarantees amounting to approximately $36.3 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. As of September 30, 2020 , the balance of such cash used in the Company's ATM networks for which the Company was responsible was approximately $506 million . The Company maintains insurance policies to mitigate this exposure; In connection with contracts with financial institutions in the EFT Processing Segment, the Company is responsible for losses suffered by its customers and other parties as a result of the breach of its computer systems, including in particular, losses arising from fraudulent transactions made using information stolen through its processing systems. The Company maintains insurance policies to mitigate this exposure; In connection with the license of proprietary systems to customers, the Company provides certain warranties and infringement indemnities to the licensee, which generally warrant that such systems do not infringe on intellectual property owned by third parties and that the systems will perform in accordance with their specifications; Euronet 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 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 September 30, 2020 or December 31, 2019 .

Litigation and Contingencies

Litigation and Contingencies	9 Months Ended
	Sep. 30, 2020
Loss Contingency, Information about Litigation Matters [Abstract]
LITIGATION AND CONTINGENCIES	( 14 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.

Leases

Leases	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
LEASES	(15) LEASES The Company enters into operating leases for ATM sites, office spaces, 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. 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 most of the ATM site leases. The Company evaluated the likelihood of exercising the renewal and termination options beginning with the adoption of the new accounting lease standard on January 1, 2019, concluding 1) the options were not reasonably certain to be exercised and thus were not considered in determining the lease terms, and associated payment impacts were excluded from lease payments and 2) termination options were reasonably certain not to be exercised and therefore the stated lease payment schedule of the lease was used to determine the lease term. D uring the second quarter of 2020, the impact of the COVID-19 pandemic was a significant event that caused a significant change in circumstances and business plans to manage our portfolio of ATM leases. Specifically we downsized, through the exercise of termination clauses and the reduction of monthly costs by renegotiating payment terms of our ATM leases. The Company's execution of the business plan to renegotiate terms and downsize the portfolio of ATM leases constituted a reassessment event during the second quarter of 2020. The reassessment event required the Company to reevaluate the accounting for the portfolio of ATM leases, including lease terms. Due to the recent increased frequency of ATM site lease terminations, modifications, and greater unpredictability whether or not future lease terminations will be exercised, the Company is no longer able to conclude that termination options are reasonably certain not to be exercised. This reassessment conclusion impacts the lease term evaluation, instead of determining the lease term based on the stated lease payment schedule of the lease, now the lease term will be evaluated when the Company has the contractual ability to terminate the lease (most leases allow for a termination upon advance notice of between 30 and 90 days). As a result of the lease term reassessment, $211.9 $211.9 Payments for ATM site leases with termination options subject to the short-term lease exemption are expensed in the period incurred. The short-term lease expense for the three months ended September 30, 2020 reasonably reflects the Company’s short-term lease commitments. 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 non-cancelable operating leases (with initial lease terms in excess of one year) as of September 30, 2020 are: As of September 30, 2020 Maturity of Lease Liabilities (in thousands) Operating Leases (1) Remainder of 2020 $ 12,782 2021 43,626 2022 32,544 2023 22,780 2024 15,136 Thereafter 35,185 Total lease payments $ 162,053 Less: imputed interest ( 3,458 ) Present value of lease liabilities $ 158,595 (1) Operating lease payments reflect the Company's current fixed obligations under the operating lease agreements. Certain ATM site leases contain termination options that grant the Company the option to terminate the lease prior to the stated term of the agreement. The Company includes the future minimum lease payments for these ATM site leases only to the extent that the termination option is not reasonably certain to be exercised. Lease expense recognized in the Consolidated Statements of Income is summarized as follows: Lease Expense (in thousands) Income Statement Classification Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 Operating lease expense Selling, general and administrative and Direct operating costs $ 14,694 $ 35,068 $ 68,927 $ 98,641 Short-term and variable lease expense Selling, general and administrative and Direct operating costs 26,429 12,653 47,390 31,541 Total lease expense $ 41,123 $ 47,721 $ 116,317 $ 130,182 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 September 30, 2020 Weighted- average remaining lease term (years) 5.2 W eighted- average discount rate 2.2 % The following table presents supplemental cash flow and non-cash information related to leases. Other Information (in thousands) Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities (a) $ 66,402 $ 97,209 Supplemental non-cash information on lease liabilities arising from obtaining ROU assets: ROU assets obtained in exchange for new operating lease liabilities $ 64,149 $ 176,104 (a) Included in Net cash provided by operating activities on the Company's Consolidated Statements of Cash Flows.

Recently Issued And Adopted A_2

Recently Issued And Adopted Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Recently Issued and Adopted Accounting Pronouncements	In August 2020, the Financial Accounting Standards Board ("FASB") issued ASU 2020-06, "Accounting for Convertible Instruments and Contracts in an Entity's Own Equity" In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848), which provides optional expedients and exceptions for contracts, hedging relationships, and other transactions affected by reference rate reform due to the anticipated cessation of LIBOR on or before December 31, 2021. This guidance is effective from March 12, 2020 through December 31, 2022 and could impact the accounting for LIBOR provisions in the Company’s unsecured credit agreement. The Company does not expect that the adoption of this guidance will have a significant impact on its consolidated financial statements. The Company adopted ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), as of January 1, 2020, which requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This replaced the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost. The adoption of this standard did not have a significant impact on the Company's consolidated financial statements and related disclosures.

Settlement Assets and Obligat_2

Settlement Assets and Obligations (Tables)	9 Months Ended
	Sep. 30, 2020
Settlement Assets [Abstract]
Schedule of settlement assets and liabilities	As of (in thousands) September 30, 2020 December 31, 2019 Settlement assets: Settlement cash and cash equivalents $ 272,467 $ 282,188 Settlement restricted cash 44,158 49,168 Accounts receivable, net of credit losses 434,828 574,410 Prepaid expenses and other current assets 124,330 107,301 Total settlement assets $ 875,783 $ 1,013,067 Settlement obligations: Trade account payables $ 346,391 $ 504,667 Accrued expenses and other current liabilities 529,392 508,400 Total settlement obligations $ 875,783 $ 1,013,067
Schedule of cash and cash equivalents restricted cash	As of (in thousands) September 30, 2020 December 31, 2019 September 30, 2019 December 31, 2018 Cash and cash equivalents $ 1,008,183 $ 786,081 $ 878,492 $ 385,031 Restricted cash 14,204 34,301 21,844 31,237 ATM cash 409,683 665,641 603,176 395,378 Settlement cash and cash equivalents 272,467 282,188 249,181 273,948 Settlement restricted cash 44,158 49,168 42,062 45,358 Cash and cash equivalents and restricted cash at end of period $ 1,748,695 $ 1,817,379 $ 1,794,755 $ 1,130,952

Stocholders' Equity (Tables)

Stocholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Note [Abstract]
Schedule of computation of diluted weighted average number of common shares outstanding	Three Months Ended September 30, Nine Months Ended 2020 2019 2020 2019 Computation of diluted weighted average shares outstanding: Basic weighted average shares outstanding 52,294,522 54,449,256 52,712,030 53,180,850 Incremental shares from assumed exercise of stock options and vesting of restricted stock 907,449 1,522,805 — 1,441,369 Diluted weighted average shares outstanding 53,201,971 55,972,061 52,712,030 54,622,219

Goodwill and Acquired Intangi_2

Goodwill and Acquired Intangible Assets, Net (Tables)	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of acquired intangible assets and goodwill activity	A summary of acquired intangible assets and goodwill activity for the nine months ended September 30, 2020 is presented below: (in thousands) Acquired Intangible Assets Goodwill Total Intangible Assets Balance as of December 31, 2019 $ 141,847 $ 743,823 $ 885,670 Increases (decreases): Acquisition 926 (474 ) 452 Amortization (17,020 ) — (17,020 ) Impairment (1,467 ) (104,554 ) (106,021 ) Other (primarily changes in foreign currency exchange rates) (709 ) 3,091 2,382 Balance as of September 30, 2020 $ 123,577 $ 641,886 $ 765,463

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2020
Payables and Accruals [Abstract]
Schedule of accrued expenses and other current liabilities	Accrued expenses and other current liabilities consist of the following: As of (in thousands) September 30, 2020 December 31, 2019 Accrued expenses $ 264,575 $ 246,699 Derivative liabilities 41,563 41,935 Current portion of capital lease obligations 6,466 5,919 Deferred income taxes — 4 Total $ 312,604 $ 294,557

Debt Obligations (Tables)

Debt Obligations (Tables)	9 Months Ended
	Sep. 30, 2020
Debt Disclosure [Abstract]
Schedule of debt obligations	As of (in thousands) September 30, 2020 December 31, 2019 Credit Facility: Revolving credit agreement $ — $ — Convertible Debt: 0.75% convertible notes, unsecured, due 2049 448,344 436,965 1.375% Senior Notes, due 2026 703,200 673,440 Other obligations 942 6,215 Total debt obligations 1,152,486 1,116,620 Unamortized debt issuance costs (18,976 ) (19,592 ) Carrying value of debt 1,133,510 1,097,028 Short-term debt obligations and current maturities of long-term debt obligations (884 ) (6,089 ) Long-term debt obligations $ 1,132,626 $ 1,090,939

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value of the derivative instruments as recorded in the Consolidated Balance Sheets	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 September 30, 2020 December 31, 2019 Balance Sheet Location September 30, 2020 December 31, 2019 Derivatives not designated as hedging instruments Foreign currency exchange contracts Prepaid expenses and other current assets $ 49,574 $ 54,765 Accrued expenses and other current liabilities $ (41,563 ) $ (41,935 )
Schedule of offsetting assets and liabilities	The following tables summarize the gross and net fair value of derivative assets and liabilities as of September 30, 2020 and December 31, 2019 (in thousands): Offsetting of Derivative Assets Gross Amounts Not Offset in the Consolidated Balance Sheet As of September 30, 2020 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 $ 49,574 $ — $ 49,574 $ (29,488 ) $ (894 ) $ 19,192 As of December 31, 2019 Derivatives subject to a master netting arrangement or similar agreement $ 54,765 $ — $ 54,765 $ (34,935 ) $ (7,362 ) $ 12,468 Gross Amounts Not Offset in the Consolidated Balance Sheet As of September 30, 2020 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 $ (41,563 ) $ — $ (41,563 ) $ 29,488 $ 2,321 $ (9,754 ) As of December 31, 2019 Derivatives subject to a master netting arrangement or similar agreement $ (41,935 ) $ — $ (41,935 ) $ 34,935 $ 827 $ (6,173 )
Schedule of amount of gains and losses on derivatives in the Consolidated Statements of Income	The following table summarizes the location and amount of gains and losses on derivatives in the Consolidated Statements of Income for the three and nine months ended September 30, 2020 and 2019 : Amount of Gain Recognized in Income on Derivative Contracts (a) Location of Gain Recognized in Income on Derivative Contracts Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2020 2019 2020 2019 Foreign currency exchange contracts - Ria Operations Foreign currency exchange (loss) gain, net $ (4,060 ) $ 285 $ ( ) $ 619

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Schedule of financial assets and liabilities measured and recorded at fair value on a recurring basis	The following table details financial assets and liabilities measured and recorded at fair value on a recurring basis: As of September 30, 2020 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 49,574 $ — $ 49,574 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (41,563) $ — $ (41,563) As of December 31, 2019 (in thousands) Balance Sheet Classification Level 1 Level 2 Level 3 Total Assets Foreign currency exchange contracts Other current assets $ — $ 54,765 $ — $ 54,765 Liabilities Foreign currency exchange contracts Other current liabilities $ — $ (41,935 ) $ — $ (41,935 )

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Schedule of reportable segment results	The following tables present the Company’s reportable segment results for the three and nine months ended September 30, 2020 and 2019 : For the Three Months Ended September 30, 2020 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 144,062 $ 198,939 $ 323,092 $ (1,742) $ 664,351 Operating expenses: Direct operating costs 82,626 149,993 176,718 (1,739) 407,598 Salaries and benefits 25,182 16,108 52,035 8,252 101,577 Selling, general and administrative 8,577 8,455 36,601 1,592 55,225 Goodwill and acquired intangible assets impairment — — 1,467 — 1,467 Depreciation and amortization 21,516 2,134 8,645 117 32,412 Total operating expenses 137,901 176,690 275,466 8,222 598,279 Operating income (expense) $ 6,161 $ 22,249 $ 47,626 $ (9,964) $ 66,072 For the Three Months Ended September 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 316,188 $ 191,071 $ 280,837 $ (1,110 ) $ 786,986 Operating expenses: Direct operating costs 111,116 145,410 149,663 (1,108 ) 405,081 Salaries and benefits 23,936 15,188 51,555 10,675 101,354 Selling, general and administrative 12,191 8,838 35,820 1,866 58,715 Depreciation and amortization 18,044 1,572 8,151 79 27,846 Total operating expenses 165,287 171,008 245,189 11,512 592,996 Operating income (expense) $ 150,901 $ 20,063 $ 35,648 $ (12,622 ) $ 193,990 For the Nine Months Ended September 30, 2020 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 368,375 $ 559,413 $ 852,189 $ (3,916) $ 1,776,061 Operating expenses: Direct operating costs 232,627 424,123 464,216 (3,901) 1,117,065 Salaries and benefits 68,562 46,996 154,958 23,253 293,769 Selling, general and administrative 29,033 25,928 108,355 6,017 169,333 Goodwill and acquired intangible assets impairment 21,861 — 84,160 — 106,021 Depreciation and amortization 61,772 5,629 25,793 276 93,470 Total operating expenses 413,855 502,676 837,482 25,645 1,779,658 Operating income (expense) $ (45,480) $ 56,737 $ 14,707 $ (29,561) $ (3,597) For the Nine Months Ended September 30, 2019 (in thousands) EFT Processing epay Money Transfer Corporate Services, Eliminations and Other Consolidated Total revenues $ 693,837 $ 551,345 $ 814,201 $ (3,021 ) $ 2,056,362 Operating expenses: Direct operating costs 300,460 419,362 435,901 (2,998 ) 1,152,725 Salaries and benefits 64,706 44,939 155,424 27,630 292,699 Selling, general and administrative 32,022 26,314 96,660 5,708 160,704 Depreciation and amortization 52,464 5,113 24,448 228 82,253 Total operating expenses 449,652 495,728 712,433 30,568 1,688,381 Operating income (expense) $ 244,185 $ 55,617 $ 101,768 $ (33,589 ) $ 367,981 The following table presents the Company’s total assets by reportable segment: Total Assets as of (in thousands) September 30, 2020 December 31, 2019 EFT Processing $ 1,503,385 $ 1,914,144 epay 812,444 962,671 Money Transfer 1,480,624 1,560,136 Corporate Services, Eliminations and Other 298,903 220,715 Total $ 4,095,356 $ 4,657,666
Schedule of Company's revenues disaggregated by segment and region	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 September 30, 2020 For the Nine Months Ended September 30, 2020 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 107,182 $ 131,330 $ 127,399 $ 365,911 $ 251,583 $ 368,101 $ 317,187 $ 936,871 North America 14,318 32,645 152,195 199,158 42,461 102,603 422,980 568,044 Asia Pacific 22,562 26,679 34,036 83,277 74,327 69,916 91,116 235,359 Other — 8,285 9,462 17,747 4 18,793 20,906 39,703 Eliminations — — — (1,742) — — — (3,916) Total $ 144,062 $ 198,939 $ 323,092 $ 664,351 $ 368,375 $ 559,413 $ 852,189 $ 1,776,061 For the September 30, 2019 For the September 30, 2019 (in thousands) EFT Processing epay Money Transfer Total EFT Processing epay Money Transfer Total Europe $ 274,313 $ 130,602 $ 94,625 $ 499,540 $ 574,620 $ 368,830 $ 273,760 $ 1,217,210 North America 8,717 37,218 147,989 193,924 24,880 114,614 428,349 567,843 Asia Pacific 33,153 19,039 31,575 83,767 94,317 55,333 93,865 243,515 Other 5 4,212 6,648 10,865 20 12,568 18,227 30,815 Eliminations — — — (1,110 ) — — — ( ) Total $ 316,188 $ 191,071 $ 280,837 $ 786,986 $ 693,837 $ 551,345 $ 814,201 $ 2,056,362

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Schedule of future minimum lease payments under non-cancelable operating leases	Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) as of September 30, 2020 are: As of September 30, 2020 Maturity of Lease Liabilities (in thousands) Operating Leases (1) Remainder of 2020 $ 12,782 2021 43,626 2022 32,544 2023 22,780 2024 15,136 Thereafter 35,185 Total lease payments $ 162,053 Less: imputed interest ( 3,458 ) Present value of lease liabilities $ 158,595 (1) Operating lease payments reflect the Company's current fixed obligations under the operating lease agreements. Certain ATM site leases contain termination options that grant the Company the option to terminate the lease prior to the stated term of the agreement. The Company includes the future minimum lease payments for these ATM site leases only to the extent that the termination option is not reasonably certain to be exercised.
Schedule of lease expense recognized in consolidated statements of income	Lease expense recognized in the Consolidated Statements of Income is summarized as follows: Lease Expense (in thousands) Income Statement Classification Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 Operating lease expense Selling, general and administrative and Direct operating costs $ 14,694 $ 35,068 $ 68,927 $ 98,641 Short-term and variable lease expense Selling, general and administrative and Direct operating costs 26,429 12,653 47,390 31,541 Total lease expense $ 41,123 $ 47,721 $ 116,317 $ 130,182
Schedule of other information about lease amounts recognized in consolidated financial statements	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 September 30, 2020 Weighted- average remaining lease term (years) 5.2 W eighted- average discount rate 2.2 %
Schedule of supplemental cash flow and non-cash information related to leases	The following table presents supplemental cash flow and non-cash information related to leases. Other Information (in thousands) Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities (a) $ 66,402 $ 97,209 Supplemental non-cash information on lease liabilities arising from obtaining ROU assets: ROU assets obtained in exchange for new operating lease liabilities $ 64,149 $ 176,104 (a) Included in Net cash provided by operating activities on the Company's Consolidated Statements of Cash Flows.

Settlement Assets and Obligat_3

Settlement Assets and Obligations (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Settlement Assets [Abstract]
Settlement cash and cash equivalents	$ 272,467	$ 282,188	$ 249,181	$ 273,948
Settlement restricted cash	44,158	49,168	$ 42,062	$ 45,358
Accounts receivable	434,828	574,410
Prepaid expenses and other current assets	124,330	107,301
Total settlement assets	875,783	1,013,067
Settlement obligations:
Trade account payables	346,391	504,667
Accrued expenses and other current liabilities	529,392	508,400
Total settlement obligations	$ 875,783	$ 1,013,067

Settlement Assets and Obligat_4

Settlement Assets and Obligations (Details 1) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Settlement Assets [Abstract]
Cash and cash equivalents	$ 1,008,183	$ 786,081	$ 878,492	$ 385,031
Restricted cash	14,204	34,301	21,844	31,237
ATM cash	409,683	665,641	603,176	395,378
Settlement cash and cash equivalents	272,467	282,188	249,181	273,948
Settlement restricted cash	44,158	49,168	42,062	45,358
Cash and cash equivalents and restricted cash at end of period	$ 1,748,695	$ 1,817,379	$ 1,794,755	$ 1,130,952

Settlement Assets and Obligat_5

Settlement Assets and Obligations (Details Textual) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Settlement Assets [Abstract]
Allowance for doubtful other receivables, current	$ 29.9	$ 24

Stockholders' Equity (Details)

Stockholders' Equity (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Weighted average shares outstanding:
Basic weighted average shares outstanding	52,294,522	54,449,256	52,712,030	53,180,850
Incremental shares from assumed exercise of stock options and vesting of restricted stock	907,449	1,522,805		1,441,369
Diluted weighted average shares outstanding	53,201,971	55,972,061	52,712,030	54,622,219

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Mar. 31, 2020	Feb. 26, 2020	Mar. 18, 2019	Mar. 11, 2019
Equity, Class of Treasury Stock [Line Items]
Weighted average common shares outstanding	1,122,000	751,000	1,887,000	841,000
Conversion of debentures			0
Conversion price							$ 188.73
Market price	$ 91.10	$ 146.30	$ 91.10	$ 146.30
Foreign currency translation gain	$ 47	$ 56.9	$ 19.4	$ 60.9
Stock repurchase program, authorized amount	$ 239.8		$ 239.8
Share Repurchase Plan [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized					10,000,000	5,000,000
Stock repurchase program, authorized amount					$ 375	$ 250		$ 120

Goodwill and Acquired Intangi_3

Goodwill and Acquired Intangible Assets, Net (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Acquired Intangible Assets, Balance as of December 31, 2019	$ 141,847
Increases (decreases):
Acquisition	926
Amortization	(17,020)
Impairment	(1,467)
Other (primarily changes in foreign currency exchange rates)	(709)
Acquired Intangible Assets, Balance as of September 30, 2020	123,577
Goodwill, Balance as of December 31, 2019	743,823
Increases (decreases):
Acquisition	(474)
Impairment	(104,554)
Amortization
Other (primarily changes in foreign currency exchange rates)	3,091
Goodwill, Balance as of September 30, 2020	641,886
Total Intangible Assets, Balance as of December 31, 2019	885,670
Increases (decreases):
Acquisition	452
Amortization	17,020
Goodwill and acquired intangible assets impairment	(106,021)
Other (primarily changes in foreign currency exchange rates)	2,382
Total Intangible Assets, Balance as of September 30, 2020	$ 765,463

Goodwill and Acquired Intangi_4

Goodwill and Acquired Intangible Assets, Net (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Schedule of Finite and Indefinite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, expected amortization, remainder of 2020	$ 5,600
Finite-lived intangible asset, expected amortization, 2021	22,000
Finite-lived intangible asset, expected amortization, 2022	20,900
Finite-lived intangible asset, expected amortization, 2023	16,100
Finite-lived intangible asset, expected amortization, 2024	9,600
Finite-lived intangible asset, expected amortization, 2025	6,500
Goodwill	641,886	$ 743,823
Goodwill impairment charges	1,500
Goodwill [Member]
Schedule of Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill	641,900
Eft Processing Segment [Member]
Schedule of Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill	121,500
Goodwill impairment charges	21,900
Money Transfer Segment [Member]
Schedule of Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill	388,500
Goodwill impairment charges	82,700
Epay Segment [Member]
Schedule of Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill	131,900
Other Reporting Units [Member]
Schedule of Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill impairment charges	$ 104,600

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Accrued expenses	$ 264,575	$ 246,699
Derivative liabilities	41,563	41,935
Current portion of capital lease obligations	6,466	5,919
Deferred income taxes		4
Accrued expenses and other current liabilities	$ 312,604	$ 294,557

Unearned Revenue (Details)

Unearned Revenue (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Deferred Revenue Disclosure [Abstract]
Decrease in deferred revenue	$ 31.5
Deferred revenue, revenue recognized		$ 34.3

Debt Obligations (Details)

Debt Obligations (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Revolving credit agreement
Senior notes	703,200
Other obligations	942	6,215
Total debt obligations	1,152,486	1,116,620
Unamortized debt issuance costs	(18,976)	(19,592)
Carrying value of debt	1,133,510	1,097,028
Short-term debt obligations and current maturities of long-term debt obligations	(884)	(6,089)
Long-term debt obligations	1,132,626	1,090,939
Due 2049 [Member]
Debt Instrument [Line Items]
Convertible Debt	448,344	436,965
Due 2026 [Member]
Debt Instrument [Line Items]
Senior notes	$ 703,200	$ 673,440

Debt Obligations (Details Textu

Debt Obligations (Details Textual) - USD ($) $ / shares in Units, $ in Millions	May 28, 2019	Mar. 18, 2019	Oct. 17, 2018	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Sep. 04, 2019	May 22, 2019
Debt Instrument [Line Items]
Senior notes				$ 703.2		$ 703.2
Conversion price		$ 188.73
Debt instrument, convertible, carrying amount of equity component				99.7		99.7
Interest expense, debt					$ 1.5
Debt instrument, interest rate during period	100.00%	100.00%
Line of credit facility, expiration date			Oct. 17, 2023
Line of credit, current				0.9		$ 0.9		$ 6.2
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, applicable margin						0.65%
Line of Credit [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				200		$ 200
Due 2049 [Member]
Debt Instrument [Line Items]
Sale of convertible senior notes		$ 525
Interest expense, debt				1	1	3	$ 2.1
Amortization of debt discount (premium)				$ 3.8	$ 3.7	$ 11.4	7.9
Debt instrument, interest rate during period				4.40%		4.40%
Debt instrument, unamortized discount				$ 76.7		$ 76.7
Due 2044 [Member]
Debt Instrument [Line Items]
Amortization of debt discount (premium)							$ 4.6
Debt instrument, interest rate during period	1.50%
Senior Notes, 1.375 Percent due 2026 [Member]
Debt Instrument [Line Items]
Senior notes										$ 669.9
Long-term debt, percentage bearing fixed interest, percentage rate				1.375%		1.375%
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, applicable margin						1.125%
Minimum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt instrument, applicable margin						0.175%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, applicable margin						2.00%
Maximum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt instrument, applicable margin						1.00%
Swingline loans [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				$ 50		$ 50
Foreign Swingline Loans [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				90		90
Unsecured Debt [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 1,000						$ 100
Euro Member Countries, Euro
Debt Instrument [Line Items]
Senior notes				$ 600		$ 600
Euro Member Countries, Euro | Senior Notes, 1.375 Percent due 2026 [Member]
Debt Instrument [Line Items]
Senior notes										$ 600

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Details) - Foreign Exchange Contracts [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	$ 49,574	$ 54,765
Accrued expenses and other current liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign currency derivative instruments, liability at fair value	$ 41,563	$ 41,935

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Details 1) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Assets, Gross Amounts of Recognized Assets	$ 49,574	$ 54,765
Derivative Assets, Gross Amounts Offset in the Consolidated Balance Sheet
Derivative Assets, Net Amounts Presented in the Consolidated Balance Sheet	49,574	54,765
Derivative Assets, Financial Instruments	(29,488)	(34,935)
Derivative Assets, Cash Collateral Received	(894)	(7,362)
Derivative Assets, Net Amounts	19,192	12,468
Derivative Liabilities, Gross Amounts of Recognized Liabilities	(41,563)	(41,935)
Derivative Liabilities, Gross Amounts Offset in the Consolidated Balance Sheet
Derivative Liabilities, Net Amounts Presented in the Consolidated Balance Sheet	(41,563)	(41,935)
Derivative Liabilities, Financial Instruments	29,488	34,935
Derivative Liabilities, Cash Collateral Paid	2,321	827
Derivative Liabilities, Net Amounts	$ (9,754)	$ (6,173)

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Ria Operations [Member] | Foreign Exchange Contract [Member]
Derivative Instruments, Loss [Line Items]
Gain (loss) on foreign currency derivative instruments not designated as hedging instruments	$ (4,060)	$ 285	$ (4,283)	$ 619

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities (Details Textual) - Foreign Exchange Contracts [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Xe Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative asset, notional amount	$ 1,300,000		$ 1,300,000
United States of America, Dollars | Ria Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative asset, notional amount	180		180
Euro Member Countries, Euro | Ria Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative asset, notional amount	213		$ 213
Maximum [Member] | Ria Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign currency forward contract term			14 days
Trading Revenue [Member] | Xe Operations [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Foreign currency exchange margin	$ 14,400	$ 17,500	$ 45,700	$ 52,200

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	$ 49,574	$ 54,765
Foreign Currency Contracts, Liability, Fair Value Disclosure	(41,563)	(41,935)
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
Foreign Currency Contracts, Liability, Fair Value Disclosure
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	49,574	54,765
Foreign Currency Contracts, Liability, Fair Value Disclosure	(41,563)	(41,935)
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
Foreign Currency Contracts, Liability, Fair Value Disclosure

Fair Value Measurements (Deta_2

Fair Value Measurements (Details Textual)	Sep. 30, 2020USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	$ 703,200,000
Convertible Notes Payable [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debt, Fair Value Disclosures	642,600
Convertible Debt	448,300
Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	687,800
Senior notes	$ 703,200

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segment Reporting Information [Line Items]
Total revenues	$ 664,351	$ 786,986	$ 1,776,061	$ 2,056,362
Operating expenses:
Direct operating costs	407,598	405,081	1,117,065	1,152,725
Salaries and benefits	101,577	101,354	293,769	292,699
Selling, general and administrative	55,225	58,715	169,333	160,704
Goodwill and acquired intangible assets impairment	1,467		106,021
Depreciation and amortization	32,412	27,846	93,470	82,253
Total operating expenses	598,279	592,996	1,779,658	1,688,381
Operating income (loss)	66,072	193,990	(3,597)	367,981
Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Total revenues	144,062	316,188	368,375	693,837
Operating expenses:
Direct operating costs	82,626	111,116	232,627	300,460
Salaries and benefits	25,182	23,936	68,562	64,706
Selling, general and administrative	8,577	12,191	29,033	32,022
Goodwill and acquired intangible assets impairment			21,861
Depreciation and amortization	21,516	18,044	61,772	52,464
Total operating expenses	137,901	165,287	413,855	449,652
Operating income (loss)	6,161	150,901	(45,480)	244,185
Epay Segment [Member]
Segment Reporting Information [Line Items]
Total revenues	198,939	191,071	559,413	551,345
Operating expenses:
Direct operating costs	149,993	145,410	424,123	419,362
Salaries and benefits	16,108	15,188	46,996	44,939
Selling, general and administrative	8,455	8,838	25,928	26,314
Goodwill and acquired intangible assets impairment
Depreciation and amortization	2,134	1,572	5,629	5,113
Total operating expenses	176,690	171,008	502,676	495,728
Operating income (loss)	22,249	20,063	56,737	55,617
Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Total revenues	323,092	280,837	852,189	814,201
Operating expenses:
Direct operating costs	176,718	149,663	464,216	435,901
Salaries and benefits	52,035	51,555	154,958	155,424
Selling, general and administrative	36,601	35,820	108,355	96,660
Goodwill and acquired intangible assets impairment	1,467		84,160
Depreciation and amortization	8,645	8,151	25,793	24,448
Total operating expenses	275,466	245,189	837,482	712,433
Operating income (loss)	47,626	35,648	14,707	101,768
Corporate Services, Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Total revenues	(1,742)	(1,110)	(3,916)	(3,021)
Operating expenses:
Direct operating costs	(1,739)	(1,108)	(3,901)	(2,998)
Salaries and benefits	8,252	10,675	23,253	27,630
Selling, general and administrative	1,592	1,866	6,017	5,708
Goodwill and acquired intangible assets impairment
Depreciation and amortization	117	79	276	228
Total operating expenses	8,222	11,512	25,645	30,568
Operating income (loss)	$ (9,964)	$ (12,622)	$ (29,561)	$ (33,589)

Segment Information (Details 1)

Segment Information (Details 1) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total	$ 4,095,356	$ 4,657,666
Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Total	1,503,385	1,914,144
Epay Segment [Member]
Segment Reporting Information [Line Items]
Total	812,444	962,671
Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Total	1,480,624	1,560,136
Corporate Services, Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Total	$ 298,903	$ 220,715

Segment Information (Details 2)

Segment Information (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segment Reporting Information [Line Items]
Revenues	$ 664,351	$ 786,986	$ 1,776,061	$ 2,056,362
Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	144,062	316,188	368,375	693,837
Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	198,939	191,071	559,413	551,345
Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	323,092	280,837	852,189	814,201
Corporate Services, Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Revenues	(1,742)	(1,110)	(3,916)	(3,021)
Europe [Member]
Segment Reporting Information [Line Items]
Revenues	365,911	499,540	936,871	1,217,210
Europe [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	107,182	274,313	251,583	574,620
Europe [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	131,330	130,602	368,101	368,830
Europe [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	127,399	94,625	317,187	273,760
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Revenues	83,277	83,767	235,359	243,515
Asia Pacific [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	22,562	33,153	74,327	94,317
Asia Pacific [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	26,679	19,039	69,916	55,333
Asia Pacific [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	34,036	31,575	91,116	93,865
Other geographic locations [Member]
Segment Reporting Information [Line Items]
Revenues	17,747	10,865	39,703	30,815
Other geographic locations [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues		5	4	20
Other geographic locations [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	8,285	4,212	18,793	12,568
Other geographic locations [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	9,462	6,648	20,906	18,227
North America [Member]
Segment Reporting Information [Line Items]
Revenues	199,158	193,924	568,044	567,843
North America [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues	14,318	8,717	42,461	24,880
North America [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues	32,645	37,218	102,603	114,614
North America [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues	152,195	147,989	422,980	428,349
Consolidation, Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	(1,742)	(1,110)	(3,916)	(3,021)
Consolidation, Eliminations [Member] | Eft Processing Segment [Member]
Segment Reporting Information [Line Items]
Revenues
Consolidation, Eliminations [Member] | Epay Segment [Member]
Segment Reporting Information [Line Items]
Revenues
Consolidation, Eliminations [Member] | Money Transfer Segment [Member]
Segment Reporting Information [Line Items]
Revenues

Segment Information (Details Te

Segment Information (Details Textual)	9 Months Ended
	Sep. 30, 2020segment
Segment Reporting [Abstract]
Number of reportable segments	3

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Effective income tax rate	27.20%	21.20%	(55.90%)	26.00%
Federal statutory income tax rate	21.00%	21.00%	21.00%	21.00%

Commitments (Details)

Commitments (Details) $ in Millions	Sep. 30, 2020USD ($)
Other Commitments [Line Items]
Letters of credit outstanding, amount	$ 71.7
Collateralized cash deposits	4.1
Credit Facility [Domain]
Other Commitments [Line Items]
Letters of credit outstanding, amount	46.9
Guarantee Type, Other [Member]
Other Commitments [Line Items]
Guarantor obligations, maximum exposure, undiscounted	12.1
Performance Guarantee [Member]
Other Commitments [Line Items]
Guarantor obligations, maximum exposure, undiscounted	36.3
Indemnification Agreement [Member]
Other Commitments [Line Items]
Guarantor obligations, maximum exposure, undiscounted	$ 506

Leases (Details)

Leases (Details) $ in Thousands	Sep. 30, 2020USD ($)
Leases [Abstract]
Remainder of 2020	$ 12,782
2021	43,626	[1]
2022	32,544	[1]
2023	22,780	[1]
2024	15,136	[1]
Thereafter	35,185	[1]
Total lease payments	162,053	[1]
Less: imputed interest	3,458	[1]
Present value of lease liabilities	$ 158,595	[1]
[1]	Operating lease payments reflect the Company's current fixed obligations under the operating lease agreements. Certain ATM site leases contain termination options that grant the Company the option to terminate the lease prior to the stated term of the agreement. The Company includes the future minimum lease payments for these ATM site leases only to the extent that the termination option is not reasonably certain to be exercised.

Leases (Details 1)

Leases (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Operating lease expense	$ 14,694	$ 35,068	$ 68,927	$ 98,641
Short-term and variable lease expense	26,429	12,653	47,390	31,541
Total lease expense	$ 41,123	$ 47,721	$ 116,317	$ 130,182

Leases (Details 2)

Leases (Details 2)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Weighted- average remaining lease term (years)	5 years 2 months 12 days
Weighted- average discount rate	2.20%

Leases (Details 3)

Leases (Details 3) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	[1]	$ 66,402	$ 97,209
Supplemental non-cash information on lease liabilities arising from obtaining ROU assets:
ROU assets obtained in exchange for new operating lease liabilities		$ 64,149	$ 176,104
[1]	Included in Net cash provided by operating activities on the Company's Consolidated Statements of Cash Flows.

Leases (Details Textual)

Leases (Details Textual) $ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)
Leases [Abstract]
Right of use assets	$ 211.9
Lease liabilities	$ 211.9