Exhibit 99.1
Global Cash Access Reports Fourth Quarter and Fiscal Year 2008 Results
Revenues of $176.3 Million up 23% and Cash Earnings Per Share of
$0.19 up 109% Compared to Prior Year Quarter
Las Vegas, NV — February 26, 2009 — Global Cash Access Holdings, Inc. (NYSE:GCA) (the “Company”) today announced preliminary, unaudited financial results for the quarter and fiscal year ended December 31, 2008.
Fiscal Fourth Quarter 2008 Results
For the quarter ended December 31, 2008, revenues were $176.3 million, an increase of 23.1% over the $143.2 million in revenues recorded in the same quarter last year. Operating income was $18.5 million, an increase of 40.6% over the $13.1 million recognized in the prior year. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) (see Non-GAAP Financial Information below) increased to $23.2 million from $16.2 million, a 43.2% increase. Net income in the fourth quarter of 2008 was $4.6 million, up 140.0% from the fourth quarter of 2007. Diluted earnings per share from Continuing Operations were $0.06 in the fourth quarter of 2008 (on 76.8 million diluted shares) as compared to $0.04 in the fourth quarter of 2007 (on 79.5 million diluted shares). Cash Earnings Per Share from Continuing Operations (“Cash EPS”) (see Non-GAAP Financial Information below) were $0.19 in the fourth quarter of 2008, a 109% increase from the $0.09 reported in the prior year.
The Company’s results for the quarter include the operations of Certegy Gaming Services, Inc., which was acquired in April of 2008, and Cash Systems, Inc., which was acquired in August of 2008.
Fiscal Year 2008 Results
For the year ended December 31, 2008, revenues were $671.6 million, an increase of 12.3% over the $597.9 million in revenues recorded in fiscal year 2007. Operating income was $78.6 million, an increase of 0.5% over the $78.2 million recognized in the prior year. Earnings before interest, taxes, depreciation and amortization (see Non-GAAP Financial Information below) increased to $94.7 million from $89.8 million, a 5.4% increase. Net income was $23.6 million, down 0.6% from the year ended December 31, 2007. Cash EPS (see Non-GAAP Financial Information below) were $0.66 in 2008, a 21% increase from the $0.55 reported in the prior year.
All 2007 financial information has been adjusted to reflect the classification of Arriva Card, Inc., a subsidiary of the Company, as a discontinued operation.
“Despite the turbulence in the gaming sector and the economy in 2008, it was a year of growth for our company as we capitalized on our ability to scale with the acquisition opportunities,” said Scott Betts, President and Chief Executive Officer of the Company. “We completed two important acquisitions that we believe have added strong customer bases, additional revenue and cash flow, and further enhanced our product portfolio. In 2009, we expect to benefit from additional operational improvements and cost savings combined with our intention to aggressively seek to deliver innovative products and enhanced customer service to our clients. We are optimistic about the future of our company and feel that we’re well positioned when the macroeconomic environment improves and the gaming industry rebounds.”
2009 Outlook
The Company expects 2009 revenue to be between $700 and $730 million. EBITDA are expected to be between $95 and $101 million. Diluted earnings per share from continuing operations are expected to be between $0.44 and $0.50 per share. Cash earnings per share are expected to be between $0.70 and $0.76.
The foregoing expectations reflect the following assumptions:
| | • | | Expense investments in product and processing platforms of between $2 million and $4 million; |
| | • | | Average 30-day LIBOR of 1.3% in effect during the period and average outstanding balances subject to 30-day LIBOR, including off-balance sheet amounts outstanding under the Company’s Treasury Services Agreement, of $430 million; |
| | • | | An effective tax rate for the full year of approximately 38%; |
| | • | | Cash outlays for capital expenditures to approximate those amounts disbursed in 2008; and |
| | • | | Diluted issued shares of approximately 77 million. |
Investor Conference Call and Webcast
GCA will host an investor conference call to discuss its fourth quarter and fiscal year 2008 results today at 5:00 p.m. ET. The conference call can be accessed live over the phone by dialing (866) 804-6920 or for international callers (857) 350-1666; the conference ID is 74177323. A replay will be available one hour after the call and can be accessed by dialing (888) 286-8010 or (617) 801-6888 for international callers; the conference ID is 98029568. The call will be webcast live from the Company’s website atwww.gcainc.com under the investor relations section.
Non-GAAP Financial Information
In order to enhance investor understanding of the underlying trends in our business and to provide for better comparability between periods in different years, the Company is providing EBITDA, adjusted EBITDA and Cash EPS on a supplemental basis. Reconciliations between GAAP measures and non-GAAP measures and between actual results and adjusted results are provided at the end of this press release. EBITDA, adjusted EBITDA and Cash EPS are not measures of financial performance under United States Generally Accepted Accounting Principles (“GAAP”). Accordingly, they should not be considered a substitute for net income, operating income or other income or cash flow data prepared in accordance with GAAP.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements included in this press release, other than statements that are purely historical, are forward-looking statements. Words such as “going forward,” “believes,” “intends,” “expects,” “forecasts,” “anticipate,” “plan,” “seek,” “estimate” and similar expressions also identify forward-looking statements. Forward-looking statements in this press release include, without limitation, (a) our belief that our recent acquisitions will drive growth, enhance the Company’s product portfolio and provide additional operational improvements and cost savings; (b) our 2009 revenue, EBITDA, diluted earnings per share and cash earnings per share expectations; (c) our intention that our expense investment in platforms will be between $2 million and $4 million; (d) our expectation that average 30-day LIBOR for the period will be 1.3% and our average outstanding balances subject to 30-day LIBOR will be $430 million; (e) our expectation that our effective tax rate for the full year 2009 will be approximately 38%; (f) our expectation that cash outlays for capital expenditures to approximate those amounts disbursed in 2008; (g) our assumption that there are approximately 77 million diluted shares issued; and (h) our belief that EBITDA, adjusted EBITDA, and Cash EPS are widely-referenced financial measures in the financial markets and our belief that references to the foregoing is helpful to investors.
Our beliefs, expectations, forecasts, objectives, anticipations, intentions and strategies regarding the future, including without limitation those concerning expected operating results, revenues and earnings are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from results contemplated by the forward-looking statements, including but not limited to: (a) unexpected events that may impact our ability to drive growth, develop our product portfolio or achieve operational improvements or cost savings; (b) reduced demand for or increased competition with our products and services that affects our 2009 revenue, EBITDA, diluted earnings per share and cash earnings per share; (c) unexpected events that may require us to incur additional expense investment in our platforms; (d) unexpected adjustments to average 30-day LIBOR or the amount of outstanding balances subject to 30-day LIBOR; (e) with respect to our expectation that our effective tax rate will be approximately 38% for the full year 2009 (i) incurrence of expenses that are not deductible for tax purposes, and (ii) the entry into business lines or foreign countries with tax structures different from the ones we are currently subject to; (f) unexpected events that may require capital expenditures to materially differ from those amounts disbursed in 2008; and (g) inaccuracies in our assumptions as to the financial measures that investors use or the manner in which such financial measures may be used by such investors.
The forward-looking statements in this press release are subject to additional risks and uncertainties set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our filings with the Securities and Exchange Commission, including, without limitation, our registration statement on Form S-1 (No. 333-133996), our Annual Report filed on Form 10-K (No. 001-32622) and our quarterly reports on Form 10-Q, and are based on information available to us on the date hereof. We do not intend, and assume no obligation, to update any forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
About Global Cash Access Holdings, Inc.
Las Vegas-based Global Cash Access, Inc. (“GCA”), a wholly owned subsidiary of Global Cash Access Holdings, Inc., is a leading provider of cash access products and related services to over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean and Asia. GCA’s products and services provide gaming patrons access to cash through a variety of methods, including ATM cash withdrawals, point-of-sale debit card transactions, credit card cash advances, check verification and warranty services, and Western Union money transfers. GCA provides products and services that improve credit decision-making, automate cashier operations and enhance patron marketing activities for gaming establishments. With its proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide, GCA is recognized for successfully developing and deploying technological innovations that increase client profitability, operational efficiency and customer loyalty. More information is available at GCA’s Web site atwww.gcainc.com.
CONTACT:
Global Cash Access, Inc.
George Gresham, CFO
702-855-3005
IR@gcamail.com
GLOBAL CASH ACCESS HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(amounts in thousands, except par value)
(unaudited)
| | | | | | | | | |
| | | 12/31/2008 | | | 12/31/2007 | |
ASSETS | | | | | | | | |
| Cash | | $ | 77,148 | | | $ | 71,063 | |
| Restricted cash and cash equivalents | | | 388 | | | | 1,380 | |
| Settlement receivables | | | 51,604 | | | | 61,066 | |
| Other receivables, net | | | 16,629 | | | | 14,424 | |
| Prepaid and other assets | | | 11,867 | | | | 7,618 | |
| Assets held for sale | | | 1,540 | | | | 12,180 | |
| Property, equipment and leasehold improvements, net | | | 24,419 | | | | 22,803 | |
| Goodwill, net | | | 183,929 | | | | 156,889 | |
| Other intangibles, net | | | 34,982 | | | | 13,652 | |
| Deferred income taxes, net | | | 156,679 | | | | 177,227 | |
| | | | | | | |
| | | | | | | | | |
| Total assets | | $ | 559,185 | | | $ | 538,302 | |
| | | | | | | |
LIABILITIES AND STOCKHOLDERS EQUITY | | | | | | | | |
| LIABILITIES | | | | | | | | |
| Settlement liabilities | | $ | 79,150 | | | $ | 93,727 | |
| Accounts payable | | | 35,561 | | | | 22,485 | |
| Accrued expenses | | | 17,845 | | | | 20,178 | |
| Borrowings | | | 265,750 | | | | 263,480 | |
| | | | | | | |
| | | | | | | | | |
| Total liabilities | | | 398,306 | | | | 399,870 | |
| | | | | | | | | |
| COMMITMENTS AND CONTINGENCIES | | | — | | | | — | |
| MINORITY INTEREST | | | — | | | | 135 | |
| STOCKHOLDERS’ EQUITY | | | | | | | | |
| Common stock, $0.001 par value, 500,000 shares authorized and 82,961 and 82,981 shares issued at December 31, 2008 and 2007, respectively | | | 83 | | | | 83 | |
| Preferred stock, $0.001 par value, 50,000 shares authorized and 0 shares outstanding at December 31, 2008 and 2007, respectively. | | | — | | | | — | |
| Additional paid in capital | | | 172,119 | | | | 163,070 | |
| Retained earnings | | | 37,660 | | | | 14,103 | |
| Accumulated other comprehensive income | | | 1,243 | | | | 2,709 | |
| Treasury stock, at cost, 6,017 and 4,563 shares at December 31, 2008 and 2007, respectively. | | | (50,226 | ) | | | (41,668 | ) |
| | | | | | | |
| | | | | | | | | |
| Total stockholders’ equity | | | 160,879 | | | | 138,297 | |
| | | | | | | | | |
| Total liabilities and stockholders’ equity | | $ | 559,185 | | | $ | 538,302 | |
| | | | | | | |
GLOBAL CASH ACCESS HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(amounts in thousands, except per share)
(unaudited)
| | | | | | | | | | | | | | | | | |
| | | Three Months Ended | | | Twelve Months Ended | |
| | | December 31, | | | December 31, | |
| | | 2008 | | | 2007 | | | 2008 | | | 2007 | |
| REVENUES: | | | | | | | | | | | | | | | | |
| Cash advance | | $ | 82,156 | | | $ | 76,082 | | | $ | 326,476 | | | $ | 316,094 | |
| ATM | | | 78,452 | | | | 56,479 | | | | 289,122 | | | | 240,575 | |
| Check services | | | 10,887 | | | | 8,130 | | | | 42,366 | | | | 31,126 | |
| Central Credit and other revenues | | | 4,761 | | | | 2,513 | | | | 13,644 | | | | 10,145 | |
| | | | | | | | | | | | | |
| Total revenues | | | 176,256 | | | | 143,204 | | | | 671,608 | | | | 597,940 | |
| Cost of revenue | | | 130,748 | | | | 101,834 | | | | 492,974 | | | | 428,508 | |
| Operating expenses | | | 22,281 | | | | 25,150 | | | | 83,962 | | | | 79,614 | |
| Amortization | | | 2,605 | | | | 1,356 | | | | 7,151 | | | | 5,301 | |
| Depreciation | | | 2,173 | | | | 1,741 | | | | 8,875 | | | | 6,299 | |
| | | | | | | | | | | | | |
| OPERATING INCOME | | | 18,449 | | | | 13,123 | | | | 78,646 | | | | 78,218 | |
| INTEREST INCOME (EXPENSE), NET | | | | | | | | | | | | | | | | |
| Interest income | | | 494 | | | | 726 | | | | 2,229 | | | | 3,631 | |
| Interest expense | | | (7,083 | ) | | | (9,262 | ) | | | (30,117 | ) | | | (38,146 | ) |
| | | | | | | | | | | | | |
| Total interest income (expense), net | | | (6,589 | ) | | | (8,536 | ) | | | (27,888 | ) | | | (34,515 | ) |
| | | | | | | | | | | | | |
| INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION AND MINORITY OWNERSHIP LOSS | | | 11,860 | | | | 4,587 | | | | 50,758 | | | | 43,703 | |
| INCOME TAX PROVISION | | | 7,373 | | | | 1,792 | | | | 23,349 | | | | 16,709 | |
| | | | | | | | | | | | | |
| INCOME FROM CONTINUING OPERATIONS BEFORE MINORITY OWNERSHIP LOSS | | | 4,487 | | | | 2,795 | | | | 27,409 | | | | 26,994 | |
| MINORITY OWNERSHIP LOSS, NET OF TAX | | | — | | | | 48 | | | | 86 | | | | 236 | |
| | | | | | | | | | | | | |
| INCOME FROM CONTINUING OPERATIONS | | | 4,487 | | | | 2,843 | | | | 27,495 | | | | 27,230 | |
| INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX | | | 67 | | | | (944 | ) | | | (3,939 | ) | | | (3,526 | ) |
| NET INCOME | | | 4,554 | | | | 1,899 | | | | 23,556 | | | | 23,704 | |
| | | | | | | | | | | | | |
| Foreign currency translation, net of tax | | | (1,058 | ) | | | (493 | ) | | | (1,465 | ) | | | 547 | |
| | | | | | | | | | | | | |
| COMPREHENSIVE INCOME | | $ | 3,496 | | | $ | 1,406 | | | $ | 22,091 | | | $ | 24,251 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Basic net income per share of common stock | | | | | | | | | | | | | | | | |
| Continuing operations | | $ | 0.06 | | | $ | 0.04 | | | $ | 0.36 | | | $ | 0.34 | |
| | | | | | | | | | | | | |
| Discontinued operations | | $ | — | | | $ | (0.02 | ) | | $ | (0.05 | ) | | $ | (0.05 | ) |
| | | | | | | | | | | | | |
| Basic net income per share of common stock | | $ | 0.06 | | | $ | 0.02 | | | $ | 0.31 | | | $ | 0.29 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Diluted net income per share of common stock | | | | | | | | | | | | | | | | |
| Continuing operations | | $ | 0.06 | | | $ | 0.04 | | | $ | 0.36 | | | $ | 0.33 | |
| | | | | | | | | | | | | |
| Discontinued operations | | $ | — | | | $ | (0.02 | ) | | $ | (0.05 | ) | | $ | (0.04 | ) |
| | | | | | | | | | | | | |
| Diluted net income per share of common stock | | $ | 0.06 | | | $ | 0.02 | | | $ | 0.31 | | | $ | 0.29 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Weighted average number of common shares outstanding | | | | | | | | | | | | | | | | |
| Basic | | | 76,745 | | | | 79,450 | | | | 76,787 | | | | 81,108 | |
| | | | | | | | | | | | | |
| Diluted | | | 76,755 | | | | 79,466 | | | | 76,796 | | | | 81,377 | |
| | | | | | | | | | | | | |
GLOBAL CASH ACCESS HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(amounts in thousands, except per share)
(unaudited)
| | | | | | | | | | | | | | | | | |
| | | Three months ended | | | Twelve months ended | |
| | | December 31, | | | December 31, | |
| | | 2008 | | | 2007 | | | 2008 | | | 2007 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | | | | | | | | | | | | | | | | |
| Net income | | $ | 4,554 | | | $ | 1,899 | | | $ | 23,556 | | | $ | 23,704 | |
| Adjustments to reconcile net income to cash provided by operating activities: | | | | | | | | | | | | | | | | |
| Amortization of financing costs | | | 244 | | | | 244 | | | | 973 | | | | 973 | |
| Amortization of intangibles | | | 2,796 | | | | 1,403 | | | | 7,342 | | | | 5,487 | |
| Depreciation | | | 2,176 | | | | 1,741 | | | | 8,878 | | | | 6,302 | |
| Loss on sale of or disposal of assets | | | — | | | | — | | | | | | | | 139 | |
| Provision for bad debt | | | 3,367 | | | | 5,378 | | | | 17,565 | | | | 11,184 | |
| Deferred income taxes | | | 7,078 | | | | 2,032 | | | | 20,561 | | | | 14,514 | |
| Minority ownership loss | | | — | | | | (74 | ) | | | (135 | ) | | | (368 | ) |
| Stock-based compensation | | | 2,360 | | | | 9,802 | | | | 9,050 | | | | 22,269 | |
| Changes in operating assets and liabilities: | | | — | | | | — | | | | | | | | | |
| Settlement receivables | | | (9,884 | ) | | | 55,365 | | | | 19,318 | | | | 76,737 | |
| Receivables other, net | | | 15,633 | | | | (10,230 | ) | | | 6,399 | | | | (22,827 | ) |
| Prepaid and other assets | | | (474 | ) | | | 442 | | | | (1,400 | ) | | | 1,071 | |
| Settlement liabilities | | | 30,176 | | | | (32,361 | ) | | | (30,426 | ) | | | (44,797 | ) |
| Accounts payable | | | (4,668 | ) | | | (3,108 | ) | | | 3,992 | | | | (3,855 | ) |
| Accrued expenses | | | (3,001 | ) | | | 1,076 | | | | (10,259 | ) | | | 1,341 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Net cash provided by operating activities | | | 50,357 | | | | 33,609 | | | | 75,414 | | | | 91,874 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| CASH FLOWS FROM INVESTING ACTIVITIES: | | | | | | | | | | | | | | | | |
| Certegy Gaming Services acquisition, net of cash | | | 135 | | �� | | — | | | | (24,684 | ) | | | — | |
| Cash Systems, Inc. acquisition, net of cash | | | (322 | ) | | | — | | | | (30,238 | ) | | | — | |
| Purchase of property, equipment and leasehold improvements and other | | | (1,283 | ) | | | (1,293 | ) | | | (8,819 | ) | | | (10,930 | ) |
| Change in restricted cash and cash equivalents | | | (3 | ) | | | (4 | ) | | | 991 | | | | (30 | ) |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Net cash used in investing activities | | | (1,473 | ) | | | (1,297 | ) | | | (62,750 | ) | | | (10,960 | ) |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | | | | | | | | | | | | |
| Borrowings under credit facility | | | — | | | | — | | | | 121,000 | | | | — | |
| Repayments under credit facility | | | (30,250 | ) | | | (250 | ) | | | (118,730 | ) | | | (11,000 | ) |
| Debt issuance costs | | | — | | | | — | | | | | | | | (23 | ) |
| Proceeds from exercise of stock options | | | — | | | | 86 | | | | | | | | 1,287 | |
| Purchase of treasury stock | | | — | | | | (23,536 | ) | | | (9,486 | ) | | | (40,379 | ) |
| Other | | | (24 | ) | | | — | | | | | | | | 400 | |
| | | | | | | | | | | | | |
| Cash flow from financing activities | | | (30,274 | ) | | | (23,700 | ) | | | (7,216 | ) | | | (49,715 | ) |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Exchange rate impact | | | 1,046 | | | | (313 | ) | | | 637 | | | | (1,055 | ) |
| | | | | | | | | | | | | | | | | |
| Change in cash | | | 19,656 | | | | 8,299 | | | | 6,085 | | | | 30,144 | |
| Cash beginning of period | | | 57,492 | | | | 62,764 | | | | 71,063 | | | | 40,919 | |
| | | | | | | | | | | | | |
| Cash end of period | | $ | 77,148 | | | $ | 71,063 | | | $ | 77,148 | | | $ | 71,063 | |
| | | | | | | | | | | | | |
GLOBAL CASH ACCESS HOLDINGS, INC. AND SUBSIDIARIES
Reconciliation of Diluted Cash Earnings Per Share from Continuing Operations to Diluted Earnings Per Share
from Continuing Operations, and Operating Income to EBITDA
(amounts in thousands)
(unaudited)
| | | | | | | | | | | | | | | | | |
| | | Three months ended | | | Twelve months ended | |
| | | December 31, | | | December 31, | |
| | | 2008 | | | 2007 | | | 2008 | | | 2007 | |
Reconciliation of income from continuing operations to diluted cash earnings | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Income from continuing operations | | $ | 4,487 | | | $ | 2,843 | | | $ | 27,495 | | | $ | 27,230 | |
| Plus: deferred tax amortization related to acquired goodwill | | | 10,246 | | | | 4,463 | | | | 23,349 | | | | 17,472 | |
| | | | | | | | | | | | | |
Cash earnings | | $ | 14,733 | | | $ | 7,306 | | | $ | 50,844 | | | $ | 44,702 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Diluted cash earnings per share from continuing operations | | $ | 0.19 | | | $ | 0.09 | | | $ | 0.66 | | | $ | 0.55 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Reconciliation of operating income to EBITDA Operating income | | $ | 18,449 | | | $ | 13,123 | | | $ | 78,646 | | | $ | 78,218 | |
| Plus: amortization | | | 2,605 | | | | 1,356 | | | | 7,151 | | | | 5,301 | |
| depreciation | | | 2,173 | | | | 1,741 | | | | 8,875 | | | | 6,299 | |
| | | | | | | | | | | | | |
EBITDA | | $ | 23,227 | | | $ | 16,220 | | | $ | 94,672 | | | $ | 89,818 | |
| | | | | | | | | | | | | |
| Equity compensation expense | | | 2,360 | | | | 9,802 | | | | 9,050 | | | | 22,269 | |
| | | | | | | | | | | | | |
ADJ EBITDA | | $ | 25,587 | | | $ | 26,022 | | | $ | 103,722 | | | $ | 112,087 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Weighted average number of common shares outstanding Diluted | | | 76,755 | | | | 79,466 | | | | 76,796 | | | | 81,377 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Other Data (unaudited) | | | | | | | | | | | | | | | | |
| Aggregate dollar amount processed (in billions) | | | | | | | | | | | | | | | | |
| Cash advance | | $ | 1.6 | | | $ | 1.6 | | | $ | 6.5 | | | $ | 6.4 | |
| ATM | | $ | 3.9 | | | $ | 3.2 | | | $ | 15.2 | | | $ | 13.6 | |
| Check warranty | | $ | 0.5 | | | $ | 0.4 | | | $ | 1.8 | | | $ | 1.4 | |
| | | | | | | | | | | | | | | | | |
| Number of transactions completed (in millions) | | | | | | | | | | | | | | | | |
| Cash advance | | | 3.1 | | | | 2.7 | | | | 12.2 | | | | 11.3 | |
| ATM | | | 22.3 | | | | 17.3 | | | | 84.7 | | | | 73.5 | |
| Check warranty | | | 1.7 | | | | 1.3 | | | | 6.5 | | | | 5.3 | |
