Green Dot (GDOT) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	GREEN DOT CORP
Trading Symbol	GDOT
Entity Central Index Key	1,386,278
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Class A [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		48,053,368
Convertible Preferred Stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		1,518,512

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Unrestricted cash and cash equivalents	$ 739,751	$ 772,128
Federal funds sold	1	1
Restricted cash	6,374	5,793
Investment securities available-for-sale, at fair value	56,092	49,106
Settlement assets	108,694	69,165
Accounts receivable, net	27,652	42,153
Prepaid expenses and other assets	37,012	30,511
Income tax receivable	0	6,434
Total current assets	975,576	975,291
Investment securities, available-for-sale, at fair value	138,368	132,433
Loans to bank customers, net of allowance for loan losses of $278 and $426 as of March 31, 2016 and December 31, 2015, respectively	6,274	6,279
Prepaid expenses and other assets	4,102	6,416
Property and equipment, net	79,128	78,877
Deferred expenses	9,396	14,509
Net deferred tax assets	3,580	3,864
Goodwill and intangible assets	468,286	473,779
Total assets	1,684,710	1,691,448
Current liabilities:
Accounts payable	21,823	37,186
Deposits	636,934	652,145
Obligations to customers	51,056	61,300
Settlement obligations	4,771	5,074
Amounts due to card issuing banks for overdrawn accounts	1,469	1,067
Other accrued liabilities	95,910	87,635
Deferred revenue	15,468	22,901
Note payable	20,966	20,966
Income tax payable	12,212	0
Total current liabilities	860,609	888,274
Other accrued liabilities	31,233	37,894
Note payable	95,445	100,686
Net deferred tax liabilities	1,505	1,272
Total liabilities	$ 988,792	$ 1,028,126
Commitments and contingencies (Note 15)
Stockholders’ equity:
Additional paid-in capital	$ 378,722	$ 379,376
Retained earnings	316,986	284,108
Accumulated other comprehensive income (loss)	158	(215)
Total stockholders’ equity	695,918	663,322
Total liabilities and stockholders’ equity	1,684,710	1,691,448
Convertible Series A preferred stock [Member]
Stockholders’ equity:
Convertible Series A preferred stock, $0.001 par value (as converted): 10 shares authorized as of March 31, 2016 and December 31, 2015; 2 shares issued and outstanding as of March 31, 2016 and December 31, 2015	2	2
Common Class A [Member]
Stockholders’ equity:
Class A common stock, $0.001 par value: 100,000 shares authorized as of March 31, 2016 and December 31, 2015; 49,866 and 50,502 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively	$ 50	$ 51

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Allowance For Loan Losses	$ 278	$ 426
Convertible Series A preferred stock [Member]
Convertible Series A Preferred Stock, par value (in dollars per share)	$ 0.001	$ 0.001
Convertible Series A Preferred Stock, shares authorized	10,000	10,000
Convertible Series A Preferred Stock, Shares Issued	2,000	2,000
Convertible Series A Preferred Stock, Shares Outstanding	2,000	2,000
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	49,866,000	50,502,000
Common stock, shares outstanding	49,866,000	50,502,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating revenues:
Card revenues and other fees	$ 91,886	$ 87,224
Processing and settlement service revenues	81,016	87,121
Interchange revenues	55,122	54,726
Stock-based retailer incentive compensation	0	(1,906)
Total operating revenues	228,024	227,165
Total operating revenues
Sales and marketing expenses	63,864	61,279
Compensation and benefits expenses	43,087	41,354
Processing expenses	28,513	30,600
Other general and administrative expenses	38,074	28,036
Total operating expenses	173,538	161,269
Operating income	54,486	65,896
Interest income	2,301	1,378
Interest expense	(4,781)	(1,496)
Income before income taxes	52,006	65,778
Income tax expense	19,124	24,965
Net income	32,882	40,813
Income attributable to preferred stock	(972)	(1,165)
Net income available to common stockholders	$ 31,910	$ 39,648
Basic earnings per common share (in dollars per share)	$ 0.64	$ 0.77
Diluted earnings per common share (in dollars per share)	$ 0.63	$ 0.76
Basic weighted-average common shares issued and outstanding (shares)	49,863	51,448
Diluted weighted-average common shares issued and outstanding (shares)	50,867	51,938

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 32,882	$ 40,813
Other comprehensive income
Unrealized holding gains, net of tax	373	85
Comprehensive income	$ 33,255	$ 40,898

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities
Net income	$ 32,882	$ 40,813
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment	11,404	9,375
Amortization of intangible assets	5,774	5,325
Provision for uncollectible overdrawn accounts	16,766	15,192
Employee stock-based compensation	5,645	5,213
Stock-based retailer incentive compensation	0	1,906
Amortization of premium on available-for-sale investment securities	269	235
Change in fair value of contingent consideration	0	(7,616)
Amortization of deferred financing costs	384	384
Impairment of capitalized software	105	0
Deferred income tax expense	0	(21)
Changes in operating assets and liabilities:
Accounts receivable, net	(2,428)	(2,313)
Prepaid expenses and other assets	(4,187)	(31)
Deferred expenses	5,113	5,800
Accounts payable and other accrued liabilities	(12,448)	(9,410)
Amounts due to card issuing banks for overdrawn accounts	402	1,169
Deferred revenue	(7,458)	(5,618)
Income tax receivable	18,591	24,091
Other, net	145	2
Net cash provided by operating activities	70,959	84,496
Investing activities
Purchases of available-for-sale investment securities	(38,492)	(34,631)
Proceeds from maturities of available-for-sale securities	25,945	21,972
Proceeds from sales of available-for-sale securities	21	12,733
Increase in restricted cash	(581)	(1,429)
Payments for acquisition of property and equipment	(12,182)	(14,144)
Decrease (increase) in loans	5	(265)
Acquisition, net of cash acquired	0	(65,209)
Net cash used in investing activities	(25,284)	(80,973)
Financing activities
Repayments of borrowings from note payable	(5,625)	(5,625)
Borrowings on revolving line of credit	15,000	30,001
Repayments on revolving line of credit	(15,000)	(30,001)
Proceeds from exercise of options	2,884	269
Excess tax benefits from exercise of options	338	24
Taxes paid related to net share settlement of equity awards	(1,174)	(152)
Net (decrease) increase in deposits	(15,211)	78,872
Net (decrease) increase in obligations to customers	(50,062)	77,344
Contingent consideration payments	(189)	(169)
Repurchase of Class A common stock	(9,013)	0
Net cash (used in) provided by financing activities	(78,052)	150,563
Net (decrease) increase in unrestricted cash, cash equivalents, and federal funds sold	(32,377)	154,086
Unrestricted cash, cash equivalents, and federal funds sold, beginning of year	772,129	724,638
Unrestricted cash, cash equivalents, and federal funds sold, end of year	739,752	878,724
Cash paid for interest	4,397	1,112
Cash paid for income taxes	$ 140	$ 779

Organization

Organization	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Green Dot Corporation (“we,” “us” and “our” refer to Green Dot Corporation and its wholly-owned subsidiaries) is a pro-consumer technology innovator with a mission to reinvent personal banking for the masses. Our products and services include: Green Dot MasterCard and Visa-branded prepaid debit cards and several co-branded reloadable prepaid card programs, collectively referred to as our GPR cards; Visa-branded gift cards; checking account products, such as GoBank, an innovative checking account developed for use via mobile phones that is available at Walmart and online; our proprietary swipe reload products referred to as our cash transfer products, which enable cash loading and transfer services through our Green Dot Network; and tax refund processing services designed to facilitate the secure receipt of a customer's income tax refund. Our products and services are available to consumers through a large-scale "branchless bank" distribution network of more than 100,000 U.S. locations, including retailers, neighborhood financial service center locations and tax preparation offices, as well as online, in the leading app stores and through leading online tax preparation providers. The Green Dot Network enables consumers to use cash to reload our prepaid debit cards or to transfer cash to any of our Green Dot Network acceptance members, including competing prepaid card programs and other online accounts. We are also the tax refund processing service provider for several leading consumer tax preparation companies. We market our products and services to consumers in the United States. Our products are issued by our wholly-owned subsidiary, Green Dot Bank and third-party issuing banks including The Bancorp Bank and Sunrise Banks, N.A. We also have multi-year distribution arrangements with many large and medium-sized retailers, including Walmart, Walgreens, CVS, Rite Aid, 7-Eleven, Kroger, Kmart, and Dollar Tree, and with various industry resellers, including Blackhawk Network and InComm. We refer to participating retailers collectively as our “retail distributors.” Our tax refund processing services are integrated into the offerings of partnering tax software companies, which enables us to serve approximately 25,000 independent online and in-person tax preparers and accountants nationwide.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America, or GAAP. We consolidated our wholly-owned subsidiaries and eliminated all significant intercompany balances and transactions. We have also prepared the accompanying unaudited consolidated financial statements in conformity with the instructions to Form 10-Q and Article 10 of Regulation S-X and, consequently, they do not include all of the annual disclosures required by GAAP. Reference is made to our Annual Report on Form 10-K for the year ended December 31, 2015 for additional disclosures, including a summary of our significant accounting policies. There have been no changes to our significant accounting policies during the three months ended March 31, 2016 . In our opinion, the accompanying unaudited consolidated financial statements contain all adjustments, consisting of normal and recurring items, except as otherwise noted, necessary for the fair presentation of our financial position, results of operations and cash flows for the interim periods presented. Recent Accounting Pronouncements In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09") that will simplify how companies account for certain aspects of share-based payments to employees, including the accounting for income taxes upon vesting or exercise of share-based payments, classification of awards as either equity or liabilities with respect to statutory tax withholding thresholds, accounting for forfeitures, as well as certain classifications on the statement of cash flows. ASU 2016-09 is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted. We are currently evaluating the impact of ASU 2016-09 on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (“ASU 2016-08"). ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. The guidance includes indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customers. The effective date and transition requirements for the ASU is the same as the effective date and transition requirements of ASU 2014-09. We are currently in the process of evaluating the impact of adoption of the ASU on our consolidated financial statements. Note 2—Summary of Significant Accounting Policies (continued) In March 2016, the FASB issued ASU No. 2016-04, Liabilities – Extinguishment of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products ("ASU 2016-04") . ASU 2016-04 aligns recognition of the financial liabilities related to prepaid stored-value products (for example, gift cards) with Topic 606, Revenues from Contracts with Customers , for non-financial liabilities. In general, these liabilities may be extinguished proportionately in earnings as redemptions occur, or when redemption is remote if issuers are not entitled to the unredeemed stored value. ASU 2016-04 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, with early adoption permitted. We are currently assessing the impact of this ASU on our consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) ("ASU 2016-02") in order to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet for those leases classified as operating leases under previous GAAP. ASU 2016-02 requires that a lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for leases with a term greater than 12 months. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 (including interim periods within those periods) using a modified retrospective approach and early adoption is permitted. We are currently in the process of evaluating the impact of adoption of the ASU on our consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"). ASU 2016-01 revises the classification and measurement of investments in certain equity investments and the presentation of certain fair value changes for certain financial liabilities measured at fair value. ASU 2016-01 requires the change in fair value of many equity investments to be recognized in net income. The standard is effective for interim and annual periods beginning after December 15, 2017, with early adoption permitted. The adoption of the ASU may result in a cumulative adjustment to retained earnings as of the beginning of the year of adoption. We are currently evaluating the impact of the provisions of ASU 2016-01, however, we do not expect the adoption of the ASU to have a material impact on our consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"), which supersedes nearly all existing revenue recognition guidance under GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing GAAP. ASU 2014-09, as amended by ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, with early adoption permitted for annual reporting periods beginning after December 15, 2016. We are evaluating the effect of ASU 2014-09, as well as other clarifications and technical guidance issued by the FASB related to this new revenue standard, on our consolidated financial statements.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Our available-for-sale investment securities were as follows: Amortized cost Gross unrealized gains Gross unrealized losses Fair value (In thousands) March 31, 2016 Corporate bonds $ 34,798 $ 10 $ (17 ) $ 34,791 Commercial paper 8,213 3 — 8,216 U.S. Treasury notes 21,046 9 — 21,055 Agency securities 4,026 — (7 ) 4,019 Mortgage-backed securities 107,999 397 (242 ) 108,154 Municipal bonds 1,928 7 (30 ) 1,905 Asset-backed securities 16,337 1 (18 ) 16,320 Total investment securities $ 194,347 $ 427 $ (314 ) $ 194,460 December 31, 2015 Corporate bonds $ 33,201 $ — $ (47 ) $ 33,154 Commercial paper 6,504 3 (2 ) 6,505 U.S. Treasury notes 17,541 — (16 ) 17,525 Agency securities 4,034 — (19 ) 4,015 Mortgage-backed securities 100,131 195 (554 ) 99,772 Municipal bonds 1,954 11 (65 ) 1,900 Asset-backed securities 18,725 — (57 ) 18,668 Total investment securities $ 182,090 $ 209 $ (760 ) $ 181,539 As of March 31, 2016 and December 31, 2015 , the gross unrealized losses and fair values of available-for-sale investment securities that were in unrealized loss positions were as follows: Less than 12 months 12 months or more Total fair value Total unrealized loss Fair value Unrealized loss Fair value Unrealized loss (In thousands) March 31, 2016 Corporate bonds $ 9,801 $ (2 ) $ 10,488 $ (15 ) $ 20,289 $ (17 ) Agency securities 4,019 (7 ) — — 4,019 (7 ) Mortgage-backed securities 22,878 (125 ) 24,269 (117 ) 47,147 (242 ) Municipal bonds — — 1,070 (30 ) 1,070 (30 ) Asset-backed securities 12,654 (18 ) — — 12,654 (18 ) Total investment securities $ 49,352 $ (152 ) $ 35,827 $ (162 ) $ 85,179 $ (314 ) December 31, 2015 Corporate bonds $ 20,416 $ (22 ) $ 10,679 $ (25 ) $ 31,095 $ (47 ) Commercial paper 4,322 (2 ) — — 4,322 (2 ) U.S. Treasury notes 17,525 (16 ) — — 17,525 (16 ) Agency securities 4,015 (19 ) — — 4,015 (19 ) Mortgage-backed securities 53,634 (410 ) 21,518 (144 ) 75,152 (554 ) Municipal bonds — — 1,035 (65 ) 1,035 (65 ) Asset-backed securities 18,668 (57 ) — — 18,668 (57 ) Total investment securities $ 118,580 $ (526 ) $ 33,232 $ (234 ) $ 151,812 $ (760 ) We did not record any other-than-temporary impairment losses during the three months ended March 31, 2016 or 2015 on our available-for-sale investment securities. We do not intend to sell these investments and we have determined that it is more likely than not that we will not be required to sell these investments before recovery of their amortized cost bases, which may be at maturity. Note 3—Investment Securities (continued) As of March 31, 2016 , the contractual maturities of our available-for-sale investment securities were as follows: Amortized cost Fair value (In thousands) Due in one year or less $ 56,110 $ 56,092 Due after one year through five years 15,114 15,131 Due after five years through ten years 318 320 Due after ten years 1,100 1,070 Mortgage and asset-backed securities 121,705 121,847 Total investment securities $ 194,347 $ 194,460 The expected payments on mortgage-backed and asset-backed securities may not coincide with their contractual maturities because the issuers have the right to call or prepay certain obligations.

Accounts Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Accounts Receivable	Accounts Receivable Accounts receivable, net consisted of the following: March 31, 2016 December 31, 2015 (In thousands) Overdrawn account balances due from cardholders $ 13,407 $ 10,198 Reserve for uncollectible overdrawn accounts (11,088 ) (7,999 ) Net overdrawn account balances due from cardholders 2,319 2,199 Trade receivables 1,263 10,644 Reserve for uncollectible trade receivables (207 ) (58 ) Net trade receivables 1,056 10,586 Receivables due from card issuing banks 11,735 8,852 Fee advances 2,440 11,621 Other receivables 10,102 8,895 Accounts receivable, net $ 27,652 $ 42,153 Activity in the reserve for uncollectible overdrawn accounts consisted of the following: Three Months Ended March 31, 2016 2015 (In thousands) Balance, beginning of period $ 7,999 $ 11,196 Provision for uncollectible overdrawn accounts: Fees 14,851 13,644 Purchase transactions 1,915 1,548 Charge-offs (13,677 ) (13,808 ) Balance, end of period $ 11,088 $ 12,580

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment During the three months ended March 31, 2016 we recorded impairment charges of $0.1 million , associated with capitalized internal-use software we determined were no longer viable and any remaining carrying value was written off. During the three months ended March 31, 2015 , we did not record any impairment charges. The impairment charge is included within other general and administrative expenses in our consolidated statements of operations.

Loans to Bank Customers

Loans to Bank Customers	3 Months Ended
	Mar. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Loans to Bank Customers	Loans to Bank Customers The following table presents total outstanding loans, gross of the related allowance for loan losses, and a summary of the related payment status: 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Total Current or Less Than 30 Days Past Due Total Outstanding (In thousands) March 31, 2016 Residential $ — $ — $ — $ — $ 3,893 $ 3,893 Commercial — — — — 380 380 Installment 1 — — 1 2,278 2,279 Total loans $ 1 $ — $ — $ 1 $ 6,551 $ 6,552 Percentage of outstanding — % — % — % — % 100.0 % 100.0 % December 31, 2015 Residential $ — $ — $ — $ — $ 3,863 $ 3,863 Commercial — — 19 19 294 313 Installment 2 — — 2 2,527 2,529 Total loans $ 2 $ — $ 19 $ 21 $ 6,684 $ 6,705 Percentage of outstanding — % — % 0.3 % 0.3 % 99.7 % 100.0 % Nonperforming Loans The following table presents the carrying value, gross of the related allowance for loan losses, of our nonperforming loans. See Note 2–Summary of Significant Accounting Policies to the Consolidated Financial Statements of our Annual Report on Form 10-K for the year ended December 31, 2015 for further information on the criteria for classification as nonperforming. March 31, 2016 December 31, 2015 (In thousands) Residential $ 423 $ 366 Commercial — 19 Installment 271 279 Total loans $ 694 $ 664 Credit Quality Indicators We closely monitor and assess the credit quality and credit risk of our loan portfolio on an ongoing basis. We continuously review and update loan risk classifications. We evaluate our loans using non-classified or classified as the primary credit quality indicator. Classified loans are those loans that have demonstrated credit weakness where we believe there is a heightened risk of principal loss, including all impaired loans. Classified loans are generally internally categorized as substandard, doubtful or loss, consistent with regulatory guidelines. The table below presents the carrying value, gross of the related allowance for loan losses, of our loans within the primary credit quality indicators related to our loan portfolio: March 31, 2016 December 31, 2015 Non-Classified Classified Non-Classified Classified (In thousands) Residential $ 3,377 $ 516 $ 3,404 $ 459 Commercial 380 — 294 19 Installment 1,896 383 2,173 356 Total loans $ 5,653 $ 899 $ 5,871 $ 834 Note 6—Loans to Bank Customers (continued) Impaired Loans and Troubled Debt Restructurings When, for economic or legal reasons related to a borrower’s financial difficulties, we grant a concession for other than an insignificant period of time to a borrower that we would not otherwise consider, the related loan is classified as a Troubled Debt Restructuring, or TDR. Our TDR modifications involve an extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk. The following table presents our impaired loans and loans that we modified as TDRs as of March 31, 2016 and December 31, 2015 : March 31, 2016 December 31, 2015 Unpaid Principal Balance Carrying Value Unpaid Principal Balance Carrying Value (In thousands) Residential $ 22 $ 18 $ 24 $ 19 Commercial — — 257 19 Installment 267 129 241 128 Allowance for Loan Losses Activity in the allowance for loan losses consisted of the following: Three Months Ended March 31, 2016 2015 (In thousands) Balance, beginning of period $ 426 $ 444 Provision for loans (151 ) (73 ) Loans charged off — (35 ) Recoveries of loans previously charged off 3 4 Balance, end of period $ 278 $ 340

Employee Stock-Based Compensati

Employee Stock-Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Stock-Based Compensation	Employee Stock-Based Compensation We currently grant restricted equity awards to employees and directors under our 2010 Equity Incentive Plan. Additionally, through our 2010 Employee Stock Purchase Plan, employees are able to purchase shares of our Class A common stock at a discount through payroll deductions. We have reserved shares of our Class A common stock for issuance under these plans. The following table summarizes restricted stock units granted under our 2010 Equity Incentive Plan: Three Months Ended March 31, 2016 2015 (In thousands, except per share data) Restricted stock units granted 418 337 Weighted-average grant-date fair value $ 21.79 $ 19.48 We issued no stock options during the three months ended March 31, 2016 and 2015 . Included in the number of restricted stock units granted during the three months ended March 31, 2016 and 2015 are performance-based restricted stock units of our Class A common stock of 236,973 and 242,587 , respectively, that we granted to certain executive employees under our 2010 Equity Incentive Plan. The total stock-based compensation expense recognized was $5.6 million and $5.2 million for the three months ended March 31, 2016 and 2015 , respectively. Total stock-based compensation expense includes amounts related to awards of stock options and restricted stock units and purchases under our 2010 Employee Stock Purchase Plan.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2016
Deposits [Abstract]
Deposits	Deposits Deposits are categorized as non-interest or interest-bearing deposits as follows: March 31, 2016 December 31, 2015 (In thousands) Non-interest bearing deposit accounts GPR deposits $ 566,353 $ 610,652 Other demand deposits 49,305 23,644 Total non-interest bearing deposit accounts 615,658 634,296 Interest-bearing deposit accounts Negotiable order of withdrawal (NOW) 1,005 851 Savings 12,108 8,848 Time deposits, denominations greater than or equal to $100 6,274 6,268 Time deposits, denominations less than $100 1,889 1,882 Total interest-bearing deposit accounts 21,276 17,849 Total deposits $ 636,934 $ 652,145 The scheduled contractual maturities for total time deposits are presented in the table below: March 31, 2016 (In thousands) Due in 2016 $ 3,184 Due in 2017 2,840 Due in 2018 464 Due in 2019 342 Due in 2020 1,316 Thereafter 17 Total time deposits $ 8,163

Note Payable

Note Payable	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Note Payable	Note Payable In October 2014, we entered into a $225.0 million credit agreement with Bank of America, N.A., as an administrative agent, Wells Fargo Bank, National Association, and the other lenders party thereto. The credit agreement provides for 1) a $75.0 million five years revolving facility (the "Revolving Facility") and 2) a five years $150.0 million term loan facility ("Term Facility" and, together with the Revolving Facility, the “Senior Credit Facility"). The credit agreement also includes an accordion feature that, subject to securing additional commitments from existing lenders or new lending institutions, will allow us to increase the aggregate amount of these facilities by up to an additional $50.0 million . As of March 31, 2016 and December 31, 2015 , our outstanding debt, net of deferred financing costs of $5.5 million and $5.8 million , respectively, consisted of the following: March 31, 2016 December 31, 2015 (In thousands) Term facility $ 116,411 $ 121,652 Revolving facility — — Total notes payable $ 116,411 $ 121,652 Quarterly principal payments of $5.6 million are payable on the loans under the Term Facility. During each of the three months ended March 31, 2016 and 2015 , we made scheduled quarterly principal payments totaling $5.6 million . The Senior Credit Facility matures on October 23, 2019 and any amounts then outstanding are due upon maturity. Note 9—Note Payable (continued) Interest At our election, loans made under the credit agreement bear interest at 1) a LIBOR rate (the “LIBOR Rate") or 2) a base rate determined by reference to the highest of (a) the Bank of America prime rate, (b) the United States federal funds rate plus 0.50% and (c) a daily rate equal to one-month LIBOR rate plus 1.0% (the “Base Rate"), plus in either case an applicable margin. The applicable margin for borrowings depends on our total leverage ratio and varies from 2.50% to 3.00% for LIBOR Rate loans and 1.50% to 2.00% for Base Rate loans. The effective interest rate on borrowings outstanding as of March 31, 2016 was 3.18% . Interest expense, excluding the amortization of debt issuance costs, related to our Senior Credit Facility was $1.1 million and $1.2 million for the three months ended March 31, 2016 and 2015 , respectively. Covenants and restrictions The Senior Credit Facility contains customary representations and warranties relating to us and our subsidiaries. The Senior Credit Facility also contains certain affirmative and negative covenants including negative covenants that limit or restrict, among other things, liens, indebtedness, investments and acquisitions, mergers and fundamental changes, asset sales, restricted payments, changes in the nature of the business, transactions with affiliates and other matters customarily restricted in such agreements. We must maintain a minimum fixed charge coverage ratio and a maximum consolidated leverage ratio at the end of each fiscal quarter, as set forth in the credit agreement. At March 31, 2016 , we were in compliance with all such covenants.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders' Equity Stock Repurchase Program In June 2015, our Board of Directors authorized, subject to regulatory approval, a repurchase of shares of our Class A Common Stock in an amount up to $150 million under a stock repurchase program with no expiration date. The stock repurchase program may be carried out at the direction of management, subject to the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other legal requirements, and any further limitations that may be established by the Board of Directors. Repurchases may be made through open market purchases, block trades, and in negotiated private transactions. The stock may be repurchased on an ongoing basis and will be subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital and our financial performance. As of March 31, 2016 , we have repurchased $50 million of Class A Common Stock under the repurchase program. As further discussed below, subsequent to March 31, 2016 , our accelerated share repurchase agreement with a financial institution became effective, bringing our total repurchases under our stock repurchase plan since inception to $100 million . Accelerated Share Repurchases We have entered, and in the future may enter, into accelerated share repurchase arrangements (“ASRs”) with financial institutions. In exchange for an up-front payment, the financial institution delivers shares of our Class A Common Stock during the purchase periods of each ASR. Upon settlement, we will either receive additional shares from the financial institution or we may be required to deliver additional shares or cash to the financial institution, at our election. The final number of shares received upon settlement for the ASR will be determined based on the volume-weighted average price of our common stock over the term of the agreement less an agreed upon discount and subject to adjustments pursuant to the terms and conditions of the ASR. The shares received are retired in the periods they are delivered, but remain authorized for registration and issuance in the future. The up-front payments are accounted for as a reduction to shareholders’ equity on our consolidated balance sheets in the periods the payments are made. The ASRs are accounted for in two separate transactions: 1) a treasury stock repurchase for the initial shares received and 2) a forward stock purchase contract indexed to our own stock for the unsettled portion of the ASR. The par value of the shares received are recorded as a reduction to common stock with the remainder recorded as a reduction to additional paid-in capital and retained earnings. The ASRs meet all of the applicable criteria for equity classification, and therefore are not accounted for as derivative instruments. The initial repurchase of shares resulted in an immediate reduction of the outstanding shares used to calculate the weighted-average common shares outstanding for basic and diluted earnings per share. Note 11—Stockholders' Equity (continued) The following table shows our ASR activity since inception of the stock repurchase program: Purchase Period End Date Number of Shares (In thousands) Average repurchase price per share ASR Amount (In thousands) April 2016 ASR (2) October 2016 1,867 (1) (1) $ 50,000 September 2015 ASR January 2016 2,342 $ 17.08 $ 40,000 (1 ) "Number of Shares" represents those shares delivered in the beginning of the purchase period and does not represent the final number of shares to be delivered under the ASR. The total number of shares ultimately delivered, and therefore the average repurchase price paid per share, will be determined at the end of the applicable purchase period based on the volume-weighted average price of our common stock during that period. The April 2016 ASR purchase period will end in or before October 2016. (2 ) In February 2016, we entered into an ASR agreement with a financial institution. The agreement was not deemed effective until April 2016, at which point we made an up-front payment of $50 million in exchange for approximately 1.9 million shares. The initial shares received are treated as reduction to our total common shares outstanding beginning in April 2016. Final settlement is scheduled to occur during the fourth quarter of 2016. Other In connection with the Repurchase Program, we entered into a repurchase plan in December 2015 under Rule 10b5-1 of the Exchange Act for $ 10 million . The timing, nature and amount of purchases depend on a variety of factors, including market conditions and the volume limit defined by Rule 10b-18. During the three months ended March 31, 2016 , we repurchased a total of 0.5 million shares at an average price of $16.11 under this plan. As of March 31, 2016 , we completed all repurchases under this plan and total repurchases amounted to approximately 0.6 million shares at an average price of $ 16.15 .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense for the three months ended March 31, 2016 and 2015 differs from the amount computed by applying the statutory federal income tax rate to income before income taxes. The sources and tax effects of the differences are as follows: Three Months Ended March 31, 2016 2015 U.S. federal statutory tax rate 35.0 % 35.0 % State income taxes, net of federal tax benefit 2.9 2.0 General business credits (2.6 ) (0.7 ) Employee stock-based compensation 0.5 0.7 Other 1.0 1.0 Effective tax rate 36.8 % 38.0 % The effective tax rate for the three months ended March 31, 2016 and 2015 differs from the statutory federal income tax rate of 35% primarily due to state income taxes, net of federal tax benefit, general business credits and non-deductible employee stock-based compensation. The decrease in the effective tax rate for the three months ended March 31, 2016 as compared to the three months ended March 31, 2015 is primarily due to a benefit that we recognized in the first quarter of 2016 related to the permanent reinstatement of general business credits. We establish a valuation allowance when we consider it more-likely-than-not that some portion or all of the deferred tax assets will not be realized. As of March 31, 2016 and 2015 , we did not have a valuation allowance on any of our deferred tax assets as we believed it was more-likely-than-not that we would realize the benefits of our deferred tax assets. We are subject to examination by the Internal Revenue Service, or IRS, and various state tax authorities. Our consolidated federal income tax returns for the five-months ended December 31, 2009 and the years ended December 31, 2010, 2011 and 2012 are currently under examination by the IRS. We remain subject to examination of our federal income tax return for the years ended December 31, 2013 and 2014 . We generally remain subject to examination of our various state income tax returns for a period of four to five years from the respective dates the returns were filed. Note 10—Income Taxes (continued) As of March 31, 2016 , we have net operating loss carryforwards of approximately $46.2 million and $31.9 million for federal and state tax purposes, respectively, which will be available to offset future income. If not used, these carryforwards will expire between 2017 and 2035. In addition, we have state business tax credits of approximately $5.8 million that can be carried forward indefinitely and other state business tax credits of approximately $0.9 million that will expire 2025. As of March 31, 2016 and 2015 , we had a liability of $8.3 million and $6.9 million , respectively, for unrecognized tax benefits related to various federal and state income tax matters excluding interest, penalties and related tax benefits. The reconciliation of the beginning unrecognized tax benefits balance to the ending balance is as follows: Three Months Ended March 31, 2016 2015 (In thousands) Beginning balance $ 7,371 $ 6,190 Increases related to positions taken during prior years — — Increases related to positions taken during the current year 889 676 Ending balance $ 8,260 $ 6,866 The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate $ 8,260 $ 6,866 We recognized accrued interest and penalties related to unrecognized tax benefits as of March 31, 2016 and 2015 , of approximately $0.9 million and $0.7 million , respectively.

Earnings per Common Share

Earnings per Common Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings per Common Share	Earnings per Common Share The calculation of basic and diluted EPS was as follows: Three Months Ended March 31, 2016 2015 (In thousands, except per share data) Basic earnings per Class A common share Net income $ 32,882 $ 40,813 Income attributable to preferred stock (972 ) (1,165 ) Income attributable to common stock subject to repurchase — (81 ) Net income allocated to Class A common stockholders $ 31,910 $ 39,567 Weighted-average Class A shares issued and outstanding 49,863 51,448 Basic earnings per Class A common share $ 0.64 $ 0.77 Diluted earnings per Class A common share Net income allocated to Class A common stockholders $ 31,910 $ 39,567 Re-allocated earnings 19 11 Diluted net income allocated to Class A common stockholders 31,929 39,578 Weighted-average Class A shares issued and outstanding 49,863 51,448 Dilutive potential common shares: Stock options 343 281 Restricted stock units 630 193 Employee stock purchase plan 31 16 Diluted weighted-average Class A shares issued and outstanding 50,867 51,938 Diluted earnings per Class A common share $ 0.63 $ 0.76 For the periods presented, we excluded all shares of convertible preferred stock and certain restricted stock units and stock options outstanding, which could potentially dilute basic EPS in the future, from the computation of diluted EPS as their effect was anti-dilutive. The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation: Note 12—Earnings per Common Share (continued) Three Months Ended March 31, 2016 2015 (In thousands) Class A common stock Options to purchase Class A common stock 326 795 Restricted stock units 8 122 Conversion of convertible preferred stock 1,519 1,515 Total options, restricted stock units and convertible preferred stock 1,853 2,432

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Under applicable accounting guidance, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. We determine the fair values of our financial instruments based on the fair value hierarchy established under applicable accounting guidance which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs used to measure fair value. For more information regarding the fair value hierarchy and how we measure fair value, see Note 2–Summary of Significant Accounting Policies to the Consolidated Financial Statements of our Annual Report on Form 10-K for the year ended December 31, 2015 . As of March 31, 2016 and December 31, 2015 , our assets and liabilities carried at fair value on a recurring basis were as follows: Level 1 Level 2 Level 3 Total Fair Value March 31, 2016 (In thousands) Assets Corporate bonds $ — $ 34,791 $ — $ 34,791 Commercial paper — 8,216 — 8,216 U.S. Treasury notes — 21,055 — 21,055 Agency securities — 4,019 — 4,019 Mortgage-backed securities — 108,154 — 108,154 Municipal bonds — 1,905 — 1,905 Asset-backed securities — 16,320 — 16,320 Total assets $ — $ 194,460 $ — $ 194,460 Liabilities Contingent consideration $ — $ 13,700 $ 13,700 December 31, 2015 Assets Corporate bonds $ — $ 33,154 $ — $ 33,154 Commercial paper — 6,505 — 6,505 U.S. Treasury notes — 17,525 — 17,525 Agency securities — 4,015 — 4,015 Mortgage-backed securities — 99,772 — 99,772 Municipal bonds — 1,900 — 1,900 Asset-backed securities — 18,668 — 18,668 Total assets $ — $ 181,539 $ — $ 181,539 Liabilities Contingent consideration $ — $ — $ 13,889 $ 13,889 Note 13—Fair Value Measurements (continued) We based the fair value of our fixed income securities held as of March 31, 2016 and December 31, 2015 on quoted prices in active markets for similar assets. We had no transfers between Level 1, Level 2 or Level 3 assets or liabilities during the three months ended March 31, 2016 or 2015 . The following table presents changes in our contingent consideration payable for the three months ended March 31, 2016 and 2015 , which is categorized in Level 3 of the fair value hierarchy: Three Months Ended March 31, 2016 2015 (In thousands) Balance, beginning of period $ 13,889 $ 23,160 Payments of contingent consideration (189 ) (169 ) Change in fair value of contingent consideration — (7,616 ) Balance, end of period $ 13,700 $ 15,375

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The following describes the valuation technique for determining the fair value of financial instruments, whether or not such instruments are carried at fair value on our consolidated balance sheets. Short-term Financial Instruments Our short-term financial instruments consist principally of unrestricted and restricted cash and cash equivalents, federal funds sold, settlement assets and obligations, and obligations to customers . These financial instruments are short-term in nature, and, accordingly, we believe their carrying amounts approximate their fair values. Under the fair value hierarchy, these instruments are classified as Level 1. Investment Securities The fair values of investment securities have been derived using methodologies referenced in Note 2–Summary of Significant Accounting Policies to the Consolidated Financial Statements of our Annual Report on Form 10-K for the year ended December 31, 2015 . Under the fair value hierarchy, our investment securities are classified as Level 2. Loans We determined the fair values of loans by discounting both principal and interest cash flows expected to be collected using a discount rate commensurate with the risk that we believe a market participant would consider in determining fair value. Under the fair value hierarchy, our loans are classified as Level 3. Deposits The fair value of demand and interest checking deposits and savings deposits is the amount payable on demand at the reporting date. We determined the fair value of time deposits by discounting expected future cash flows using market-derived rates based on our market yields on certificates of deposit, by maturity, at the measurement date. Under the fair value hierarchy, our deposits are classified as Level 2. Contingent Consideration The fair value of contingent consideration obligations are estimated through valuation models designed to estimate the probability of such contingent payments based on various assumptions. Estimated payments are discounted using present value techniques to arrive at an estimated fair value. Our contingent consideration payable is classified as Level 3 because we use unobservable inputs to estimate fair value, including the probability of achieving certain earnings thresholds and appropriate discount rates. Changes in fair value of contingent consideration are recorded through operating expenses. Note Payable The fair value of our note payable is based on borrowing rates currently available to a market participant for loans with similar terms or maturity. The carrying amount of our note payable approximates fair value because the base interest rate charged varies with market conditions and the credit spread is commensurate with current market spreads for issuers of similar risk. The fair value of the note payable is classified as a Level 2 liability in the fair value hierarchy. Note 14—Fair Value of Financial Instruments (continued) Fair Value of Financial Instruments The carrying values and fair values of certain financial instruments that were not carried at fair value, excluding short-term financial instruments for which the carrying value approximates fair value, at March 31, 2016 and December 31, 2015 are presented in the table below. March 31, 2016 December 31, 2015 Carrying Value Fair Value Carrying Value Fair Value (In thousands) Financial Assets Loans to bank customers, net of allowance $ 6,274 $ 5,578 $ 6,279 $ 5,847 Financial Liabilities Deposits $ 636,934 $ 636,860 $ 652,145 $ 652,060 Note payable $ 116,411 $ 116,411 $ 121,652 $ 121,652

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies We monitor the laws of all 50 states to identify state laws or regulations that apply (or may apply) to our products and services. We have obtained money transmitter licenses (or similar such licenses) where applicable, based on advice of counsel or when we have been requested to do so. If we were found to be in violation of any laws and regulations governing banking, money transmitters, electronic fund transfers, or money laundering in the United States or abroad, we could be subject to penalties or could be forced to change our business practices. In the ordinary course of business, we are a party to various legal proceedings. We review these actions on an ongoing basis to determine whether it is probable and estimable that a loss has occurred and use that information when making accrual and disclosure decisions. We have not established reserves or possible ranges of losses related to these proceedings because, at this time in the proceedings, the matters do not relate to a probable loss and/or the amounts are not reasonably estimable. From time to time we enter into contracts containing provisions that contingently require us to indemnify various parties against claims from third parties. These contracts primarily relate to: (i) contracts with our card issuing banks, under which we are responsible to them for any unrecovered overdrafts on cardholders’ accounts; (ii) certain real estate leases, under which we may be required to indemnify property owners for environmental and other liabilities, and other claims arising from our use of the premises; (iii) certain agreements with our officers, directors, and employees, under which we may be required to indemnify these persons for liabilities arising out of their relationship with us; and (iv) contracts under which we may be required to indemnify our retail distributors, suppliers, vendors and other parties with whom we have contracts against claims arising from certain of our actions, omissions, violations of law and/or infringement of patents, trademarks, copyrights and/or other intellectual property rights. Generally, a maximum obligation under these contracts is not explicitly stated. Because the obligated amounts associated with these types of agreements are not explicitly stated, the overall maximum amount of the obligation cannot be reasonably estimated. With the exception of overdrafts on cardholders’ accounts, historically, we have not been required to make payments under these and similar contingent obligations, and no liabilities have been recorded for these obligations in our consolidated balance sheets. For additional information regarding overdrafts on cardholders’ accounts, refer to Note 4 — Accounts Receivable . As of March 31, 2016 and December 31, 2015 , we had $1.5 million outstanding in standby letters of credit related to our corporate facility lease.

Significant Customer Concentrat

Significant Customer Concentrations	3 Months Ended
	Mar. 31, 2016
Risks and Uncertainties [Abstract]
Significant Customer Concentrations	Significant Customer Concentration A credit concentration may exist if customers are involved in similar industries, economic sectors, and geographic regions. Our retail distributors operate in similar economic sectors but diverse domestic geographic regions. The loss of a significant retail distributor could have a material adverse effect upon our card sales, profitability, and revenue growth. Note 16—Significant Customer Concentration (continued) Revenues derived from our products sold at retail distributors constituting greater than 10% of our total operating revenues were as follows: Three Months Ended March 31, 2016 2015 Walmart 36% 40% Excluding stock-based retailer incentive compensation of $0 and $1.9 million for the three months ended March 31, 2016 and 2015 , respectively, revenues derived from our products sold at retail distributors constituting greater than 10% of our total operating revenues were as follows: Three Months Ended March 31, 2016 2015 Walmart 36% 40% The concentration of GPR cards activated (in units) and the concentration of sales of cash transfer products (in units) derived from our products sold at our four largest retail distributors, including Walmart, was as follows: Three Months Ended March 31, 2016 2015 Concentration of GPR cards activated (in units) 55% 61% Concentration of sales of cash transfer products (in units) 74% 81% Settlement assets derived from our products sold at our four largest retail distributors comprised the following percentages of the settlement assets recorded on our consolidated balance sheets: March 31, 2016 December 31, 2015 Walmart 29% 62% Three other largest retail distributors, as a group 5% 9%

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information Our operations are comprised of two reportable segments: 1) Account Services and 2) Processing and Settlement Services. We identified our reportable segments based on factors such as how we manage our operations and how our chief operating decision maker views results. Our chief operating decision maker organizes and manages our business primarily on the basis of product and service offerings and uses operating income to assess profitability. The Account Services segment consists of revenues and expenses derived from our branded and private label deposit account programs. These programs include Green Dot-branded and affinity-branded GPR card accounts, private label GPR card accounts, checking accounts and open-loop gift cards. The Processing and Settlement Services segment consists of revenues and expenses derived from reload services through the Green Dot Network and our tax refund processing services. The Corporate and Other segment primarily consists of eliminations of intersegment revenues and expenses, unallocated corporate expenses, depreciation and amortization, and other costs that are not considered when management evaluates segment performance. We do not evaluate performance or allocate resources based on segment asset data, and therefore such information is not presented. The following tables present certain financial information for each of our reportable segments for the periods then ended: Three Months Ended March 31, 2016 Account Services Processing and Settlement Services Corporate and Other Total (In thousands) Operating revenues $ 145,140 $ 91,370 $ (8,486 ) $ 228,024 Operating expenses 119,152 39,022 15,364 173,538 Operating income $ 25,988 $ 52,348 $ (23,850 ) $ 54,486 Note 17—Segment Information (continued) Three Months Ended March 31, 2015 Account Services Processing and Settlement Services Corporate and Other Total (In thousands) Operating revenues $ 147,859 $ 90,176 $ (10,870 ) $ 227,165 Operating expenses 118,153 36,858 6,258 161,269 Operating income $ 29,706 $ 53,318 $ (17,128 ) $ 65,896

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America, or GAAP. We consolidated our wholly-owned subsidiaries and eliminated all significant intercompany balances and transactions. We have also prepared the accompanying unaudited consolidated financial statements in conformity with the instructions to Form 10-Q and Article 10 of Regulation S-X and, consequently, they do not include all of the annual disclosures required by GAAP. Reference is made to our Annual Report on Form 10-K for the year ended December 31, 2015 for additional disclosures, including a summary of our significant accounting policies. There have been no changes to our significant accounting policies during the three months ended March 31, 2016 . In our opinion, the accompanying unaudited consolidated financial statements contain all adjustments, consisting of normal and recurring items, except as otherwise noted, necessary for the fair presentation of our financial position, results of operations and cash flows for the interim periods presented.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09") that will simplify how companies account for certain aspects of share-based payments to employees, including the accounting for income taxes upon vesting or exercise of share-based payments, classification of awards as either equity or liabilities with respect to statutory tax withholding thresholds, accounting for forfeitures, as well as certain classifications on the statement of cash flows. ASU 2016-09 is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted. We are currently evaluating the impact of ASU 2016-09 on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) (“ASU 2016-08"). ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. The guidance includes indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customers. The effective date and transition requirements for the ASU is the same as the effective date and transition requirements of ASU 2014-09. We are currently in the process of evaluating the impact of adoption of the ASU on our consolidated financial statements. Note 2—Summary of Significant Accounting Policies (continued) In March 2016, the FASB issued ASU No. 2016-04, Liabilities – Extinguishment of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products ("ASU 2016-04") . ASU 2016-04 aligns recognition of the financial liabilities related to prepaid stored-value products (for example, gift cards) with Topic 606, Revenues from Contracts with Customers , for non-financial liabilities. In general, these liabilities may be extinguished proportionately in earnings as redemptions occur, or when redemption is remote if issuers are not entitled to the unredeemed stored value. ASU 2016-04 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, with early adoption permitted. We are currently assessing the impact of this ASU on our consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) ("ASU 2016-02") in order to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet for those leases classified as operating leases under previous GAAP. ASU 2016-02 requires that a lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for leases with a term greater than 12 months. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 (including interim periods within those periods) using a modified retrospective approach and early adoption is permitted. We are currently in the process of evaluating the impact of adoption of the ASU on our consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"). ASU 2016-01 revises the classification and measurement of investments in certain equity investments and the presentation of certain fair value changes for certain financial liabilities measured at fair value. ASU 2016-01 requires the change in fair value of many equity investments to be recognized in net income. The standard is effective for interim and annual periods beginning after December 15, 2017, with early adoption permitted. The adoption of the ASU may result in a cumulative adjustment to retained earnings as of the beginning of the year of adoption. We are currently evaluating the impact of the provisions of ASU 2016-01, however, we do not expect the adoption of the ASU to have a material impact on our consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"), which supersedes nearly all existing revenue recognition guidance under GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing GAAP. ASU 2014-09, as amended by ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, is effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, with early adoption permitted for annual reporting periods beginning after December 15, 2016. We are evaluating the effect of ASU 2014-09, as well as other clarifications and technical guidance issued by the FASB related to this new revenue standard, on our consolidated financial statements.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investment securities, available-for-sale	As of March 31, 2016 and December 31, 2015 , the gross unrealized losses and fair values of available-for-sale investment securities that were in unrealized loss positions were as follows: Less than 12 months 12 months or more Total fair value Total unrealized loss Fair value Unrealized loss Fair value Unrealized loss (In thousands) March 31, 2016 Corporate bonds $ 9,801 $ (2 ) $ 10,488 $ (15 ) $ 20,289 $ (17 ) Agency securities 4,019 (7 ) — — 4,019 (7 ) Mortgage-backed securities 22,878 (125 ) 24,269 (117 ) 47,147 (242 ) Municipal bonds — — 1,070 (30 ) 1,070 (30 ) Asset-backed securities 12,654 (18 ) — — 12,654 (18 ) Total investment securities $ 49,352 $ (152 ) $ 35,827 $ (162 ) $ 85,179 $ (314 ) December 31, 2015 Corporate bonds $ 20,416 $ (22 ) $ 10,679 $ (25 ) $ 31,095 $ (47 ) Commercial paper 4,322 (2 ) — — 4,322 (2 ) U.S. Treasury notes 17,525 (16 ) — — 17,525 (16 ) Agency securities 4,015 (19 ) — — 4,015 (19 ) Mortgage-backed securities 53,634 (410 ) 21,518 (144 ) 75,152 (554 ) Municipal bonds — — 1,035 (65 ) 1,035 (65 ) Asset-backed securities 18,668 (57 ) — — 18,668 (57 ) Total investment securities $ 118,580 $ (526 ) $ 33,232 $ (234 ) $ 151,812 $ (760 ) Our available-for-sale investment securities were as follows: Amortized cost Gross unrealized gains Gross unrealized losses Fair value (In thousands) March 31, 2016 Corporate bonds $ 34,798 $ 10 $ (17 ) $ 34,791 Commercial paper 8,213 3 — 8,216 U.S. Treasury notes 21,046 9 — 21,055 Agency securities 4,026 — (7 ) 4,019 Mortgage-backed securities 107,999 397 (242 ) 108,154 Municipal bonds 1,928 7 (30 ) 1,905 Asset-backed securities 16,337 1 (18 ) 16,320 Total investment securities $ 194,347 $ 427 $ (314 ) $ 194,460 December 31, 2015 Corporate bonds $ 33,201 $ — $ (47 ) $ 33,154 Commercial paper 6,504 3 (2 ) 6,505 U.S. Treasury notes 17,541 — (16 ) 17,525 Agency securities 4,034 — (19 ) 4,015 Mortgage-backed securities 100,131 195 (554 ) 99,772 Municipal bonds 1,954 11 (65 ) 1,900 Asset-backed securities 18,725 — (57 ) 18,668 Total investment securities $ 182,090 $ 209 $ (760 ) $ 181,539
Investments classified by contractual maturity date	As of March 31, 2016 , the contractual maturities of our available-for-sale investment securities were as follows: Amortized cost Fair value (In thousands) Due in one year or less $ 56,110 $ 56,092 Due after one year through five years 15,114 15,131 Due after five years through ten years 318 320 Due after ten years 1,100 1,070 Mortgage and asset-backed securities 121,705 121,847 Total investment securities $ 194,347 $ 194,460

Accounts Receivable (Tables)

Accounts Receivable (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Accounts Receivable	Accounts receivable, net consisted of the following: March 31, 2016 December 31, 2015 (In thousands) Overdrawn account balances due from cardholders $ 13,407 $ 10,198 Reserve for uncollectible overdrawn accounts (11,088 ) (7,999 ) Net overdrawn account balances due from cardholders 2,319 2,199 Trade receivables 1,263 10,644 Reserve for uncollectible trade receivables (207 ) (58 ) Net trade receivables 1,056 10,586 Receivables due from card issuing banks 11,735 8,852 Fee advances 2,440 11,621 Other receivables 10,102 8,895 Accounts receivable, net $ 27,652 $ 42,153 Activity in the reserve for uncollectible overdrawn accounts consisted of the following: Three Months Ended March 31, 2016 2015 (In thousands) Balance, beginning of period $ 7,999 $ 11,196 Provision for uncollectible overdrawn accounts: Fees 14,851 13,644 Purchase transactions 1,915 1,548 Charge-offs (13,677 ) (13,808 ) Balance, end of period $ 11,088 $ 12,580

Loans to Bank Customers (Tables

Loans to Bank Customers (Tables)	3 Months Ended
	Mar. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Past due financing receivables	The following table presents total outstanding loans, gross of the related allowance for loan losses, and a summary of the related payment status: 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Total Current or Less Than 30 Days Past Due Total Outstanding (In thousands) March 31, 2016 Residential $ — $ — $ — $ — $ 3,893 $ 3,893 Commercial — — — — 380 380 Installment 1 — — 1 2,278 2,279 Total loans $ 1 $ — $ — $ 1 $ 6,551 $ 6,552 Percentage of outstanding — % — % — % — % 100.0 % 100.0 % December 31, 2015 Residential $ — $ — $ — $ — $ 3,863 $ 3,863 Commercial — — 19 19 294 313 Installment 2 — — 2 2,527 2,529 Total loans $ 2 $ — $ 19 $ 21 $ 6,684 $ 6,705 Percentage of outstanding — % — % 0.3 % 0.3 % 99.7 % 100.0 %
Nonperforming loans	The following table presents the carrying value, gross of the related allowance for loan losses, of our nonperforming loans. See Note 2–Summary of Significant Accounting Policies to the Consolidated Financial Statements of our Annual Report on Form 10-K for the year ended December 31, 2015 for further information on the criteria for classification as nonperforming. March 31, 2016 December 31, 2015 (In thousands) Residential $ 423 $ 366 Commercial — 19 Installment 271 279 Total loans $ 694 $ 664
Financing receivable credit quality indicators	The table below presents the carrying value, gross of the related allowance for loan losses, of our loans within the primary credit quality indicators related to our loan portfolio: March 31, 2016 December 31, 2015 Non-Classified Classified Non-Classified Classified (In thousands) Residential $ 3,377 $ 516 $ 3,404 $ 459 Commercial 380 — 294 19 Installment 1,896 383 2,173 356 Total loans $ 5,653 $ 899 $ 5,871 $ 834
Troubled debt restructurings	The following table presents our impaired loans and loans that we modified as TDRs as of March 31, 2016 and December 31, 2015 : March 31, 2016 December 31, 2015 Unpaid Principal Balance Carrying Value Unpaid Principal Balance Carrying Value (In thousands) Residential $ 22 $ 18 $ 24 $ 19 Commercial — — 257 19 Installment 267 129 241 128
Allowance for loan losses	Activity in the allowance for loan losses consisted of the following: Three Months Ended March 31, 2016 2015 (In thousands) Balance, beginning of period $ 426 $ 444 Provision for loans (151 ) (73 ) Loans charged off — (35 ) Recoveries of loans previously charged off 3 4 Balance, end of period $ 278 $ 340

Employee Stock-Based Compensa28

Employee Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options and Restricted Stock Units activity	The following table summarizes restricted stock units granted under our 2010 Equity Incentive Plan: Three Months Ended March 31, 2016 2015 (In thousands, except per share data) Restricted stock units granted 418 337 Weighted-average grant-date fair value $ 21.79 $ 19.48

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2016
Deposits [Abstract]
Summary of Deposits	Deposits are categorized as non-interest or interest-bearing deposits as follows: March 31, 2016 December 31, 2015 (In thousands) Non-interest bearing deposit accounts GPR deposits $ 566,353 $ 610,652 Other demand deposits 49,305 23,644 Total non-interest bearing deposit accounts 615,658 634,296 Interest-bearing deposit accounts Negotiable order of withdrawal (NOW) 1,005 851 Savings 12,108 8,848 Time deposits, denominations greater than or equal to $100 6,274 6,268 Time deposits, denominations less than $100 1,889 1,882 Total interest-bearing deposit accounts 21,276 17,849 Total deposits $ 636,934 $ 652,145
Contractual Maturities For Total Time Deposits	The scheduled contractual maturities for total time deposits are presented in the table below: March 31, 2016 (In thousands) Due in 2016 $ 3,184 Due in 2017 2,840 Due in 2018 464 Due in 2019 342 Due in 2020 1,316 Thereafter 17 Total time deposits $ 8,163

Note Payable (Tables)

Note Payable (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt	As of March 31, 2016 and December 31, 2015 , our outstanding debt, net of deferred financing costs of $5.5 million and $5.8 million , respectively, consisted of the following: March 31, 2016 December 31, 2015 (In thousands) Term facility $ 116,411 $ 121,652 Revolving facility — — Total notes payable $ 116,411 $ 121,652

Stockholders' Equity - (Tables)

Stockholders' Equity - (Tables)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Class of Treasury Stock	The following table shows our ASR activity since inception of the stock repurchase program: Purchase Period End Date Number of Shares (In thousands) Average repurchase price per share ASR Amount (In thousands) April 2016 ASR (2) October 2016 1,867 (1) (1) $ 50,000 September 2015 ASR January 2016 2,342 $ 17.08 $ 40,000 (1 ) "Number of Shares" represents those shares delivered in the beginning of the purchase period and does not represent the final number of shares to be delivered under the ASR. The total number of shares ultimately delivered, and therefore the average repurchase price paid per share, will be determined at the end of the applicable purchase period based on the volume-weighted average price of our common stock during that period. The April 2016 ASR purchase period will end in or before October 2016. (2 ) In February 2016, we entered into an ASR agreement with a financial institution. The agreement was not deemed effective until April 2016, at which point we made an up-front payment of $50 million in exchange for approximately 1.9 million shares. The initial shares received are treated as reduction to our total common shares outstanding beginning in April 2016. Final settlement is scheduled to occur during the fourth quarter of 2016.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Reconciliation of federal tax rate and actual income tax expense	The sources and tax effects of the differences are as follows: Three Months Ended March 31, 2016 2015 U.S. federal statutory tax rate 35.0 % 35.0 % State income taxes, net of federal tax benefit 2.9 2.0 General business credits (2.6 ) (0.7 ) Employee stock-based compensation 0.5 0.7 Other 1.0 1.0 Effective tax rate 36.8 % 38.0 %
Summary of income tax contingencies	The reconciliation of the beginning unrecognized tax benefits balance to the ending balance is as follows: Three Months Ended March 31, 2016 2015 (In thousands) Beginning balance $ 7,371 $ 6,190 Increases related to positions taken during prior years — — Increases related to positions taken during the current year 889 676 Ending balance $ 8,260 $ 6,866 The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate $ 8,260 $ 6,866

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Common Share	The calculation of basic and diluted EPS was as follows: Three Months Ended March 31, 2016 2015 (In thousands, except per share data) Basic earnings per Class A common share Net income $ 32,882 $ 40,813 Income attributable to preferred stock (972 ) (1,165 ) Income attributable to common stock subject to repurchase — (81 ) Net income allocated to Class A common stockholders $ 31,910 $ 39,567 Weighted-average Class A shares issued and outstanding 49,863 51,448 Basic earnings per Class A common share $ 0.64 $ 0.77 Diluted earnings per Class A common share Net income allocated to Class A common stockholders $ 31,910 $ 39,567 Re-allocated earnings 19 11 Diluted net income allocated to Class A common stockholders 31,929 39,578 Weighted-average Class A shares issued and outstanding 49,863 51,448 Dilutive potential common shares: Stock options 343 281 Restricted stock units 630 193 Employee stock purchase plan 31 16 Diluted weighted-average Class A shares issued and outstanding 50,867 51,938 Diluted earnings per Class A common share $ 0.63 $ 0.76
Antidilutive Shares	The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation: Note 12—Earnings per Common Share (continued) Three Months Ended March 31, 2016 2015 (In thousands) Class A common stock Options to purchase Class A common stock 326 795 Restricted stock units 8 122 Conversion of convertible preferred stock 1,519 1,515 Total options, restricted stock units and convertible preferred stock 1,853 2,432

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Assets and Liabilities Carried at Fair Value on a Recurring Basis	As of March 31, 2016 and December 31, 2015 , our assets and liabilities carried at fair value on a recurring basis were as follows: Level 1 Level 2 Level 3 Total Fair Value March 31, 2016 (In thousands) Assets Corporate bonds $ — $ 34,791 $ — $ 34,791 Commercial paper — 8,216 — 8,216 U.S. Treasury notes — 21,055 — 21,055 Agency securities — 4,019 — 4,019 Mortgage-backed securities — 108,154 — 108,154 Municipal bonds — 1,905 — 1,905 Asset-backed securities — 16,320 — 16,320 Total assets $ — $ 194,460 $ — $ 194,460 Liabilities Contingent consideration $ — $ 13,700 $ 13,700 December 31, 2015 Assets Corporate bonds $ — $ 33,154 $ — $ 33,154 Commercial paper — 6,505 — 6,505 U.S. Treasury notes — 17,525 — 17,525 Agency securities — 4,015 — 4,015 Mortgage-backed securities — 99,772 — 99,772 Municipal bonds — 1,900 — 1,900 Asset-backed securities — 18,668 — 18,668 Total assets $ — $ 181,539 $ — $ 181,539 Liabilities Contingent consideration $ — $ — $ 13,889 $ 13,889
Change in Contingent Consideration Payable	The following table presents changes in our contingent consideration payable for the three months ended March 31, 2016 and 2015 , which is categorized in Level 3 of the fair value hierarchy: Three Months Ended March 31, 2016 2015 (In thousands) Balance, beginning of period $ 13,889 $ 23,160 Payments of contingent consideration (189 ) (169 ) Change in fair value of contingent consideration — (7,616 ) Balance, end of period $ 13,700 $ 15,375

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair value of assets not carried at fair value	The carrying values and fair values of certain financial instruments that were not carried at fair value, excluding short-term financial instruments for which the carrying value approximates fair value, at March 31, 2016 and December 31, 2015 are presented in the table below. March 31, 2016 December 31, 2015 Carrying Value Fair Value Carrying Value Fair Value (In thousands) Financial Assets Loans to bank customers, net of allowance $ 6,274 $ 5,578 $ 6,279 $ 5,847 Financial Liabilities Deposits $ 636,934 $ 636,860 $ 652,145 $ 652,060 Note payable $ 116,411 $ 116,411 $ 121,652 $ 121,652

Significant Customer Concentr36

Significant Customer Concentrations (Tables)	3 Months Ended
	Mar. 31, 2016
Risks and Uncertainties [Abstract]
Customer concentrations	Revenues derived from our products sold at retail distributors constituting greater than 10% of our total operating revenues were as follows: Three Months Ended March 31, 2016 2015 Walmart 36% 40% Excluding stock-based retailer incentive compensation of $0 and $1.9 million for the three months ended March 31, 2016 and 2015 , respectively, revenues derived from our products sold at retail distributors constituting greater than 10% of our total operating revenues were as follows: Three Months Ended March 31, 2016 2015 Walmart 36% 40% The concentration of GPR cards activated (in units) and the concentration of sales of cash transfer products (in units) derived from our products sold at our four largest retail distributors, including Walmart, was as follows: Three Months Ended March 31, 2016 2015 Concentration of GPR cards activated (in units) 55% 61% Concentration of sales of cash transfer products (in units) 74% 81% Settlement assets derived from our products sold at our four largest retail distributors comprised the following percentages of the settlement assets recorded on our consolidated balance sheets: March 31, 2016 December 31, 2015 Walmart 29% 62% Three other largest retail distributors, as a group 5% 9%

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting	The following tables present certain financial information for each of our reportable segments for the periods then ended: Three Months Ended March 31, 2016 Account Services Processing and Settlement Services Corporate and Other Total (In thousands) Operating revenues $ 145,140 $ 91,370 $ (8,486 ) $ 228,024 Operating expenses 119,152 39,022 15,364 173,538 Operating income $ 25,988 $ 52,348 $ (23,850 ) $ 54,486 Note 17—Segment Information (continued) Three Months Ended March 31, 2015 Account Services Processing and Settlement Services Corporate and Other Total (In thousands) Operating revenues $ 147,859 $ 90,176 $ (10,870 ) $ 227,165 Operating expenses 118,153 36,858 6,258 161,269 Operating income $ 29,706 $ 53,318 $ (17,128 ) $ 65,896

Organization (Details)

Organization (Details) customer in Thousands, store in Millions	3 Months Ended
	Mar. 31, 2016customerstore
Business Acquisition [Line Items]
Number of stores | store	0.1
Number of customers served | customer	25

Investment Securities - Gross G

Investment Securities - Gross Gains and Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	$ 194,347	$ 182,090
Gross unrealized gains	427	209
Gross unrealized losses	(314)	(760)
Fair value	194,460	181,539
Corporate bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	34,798	33,201
Gross unrealized gains	10	0
Gross unrealized losses	(17)	(47)
Fair value	34,791	33,154
Commercial paper [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	8,213	6,504
Gross unrealized gains	3	3
Gross unrealized losses	0	(2)
Fair value	8,216	6,505
US treasury notes [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	21,046	17,541
Gross unrealized gains	9	0
Gross unrealized losses	0	(16)
Fair value	21,055	17,525
Agencies securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	4,026	4,034
Gross unrealized gains	0	0
Gross unrealized losses	(7)	(19)
Fair value	4,019	4,015
Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	107,999	100,131
Gross unrealized gains	397	195
Gross unrealized losses	(242)	(554)
Fair value	108,154	99,772
Municipal bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	1,928	1,954
Gross unrealized gains	7	11
Gross unrealized losses	(30)	(65)
Fair value	1,905	1,900
Asset-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis	16,337	18,725
Gross unrealized gains	1	0
Gross unrealized losses	(18)	(57)
Fair value	$ 16,320	$ 18,668

Investment Securities - Continu

Investment Securities - Continuous Unrealized Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months	$ 49,352		$ 118,580
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments	(152)		(526)
Fair value, 12 months or more	35,827		33,232
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments	(162)		(234)
Total fair value	85,179		151,812
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments	(314)		(760)
Other than temporary impairment losses	0	$ 0
Corporate bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months	9,801		20,416
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments	(2)		(22)
Fair value, 12 months or more	10,488		10,679
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments	(15)		(25)
Total fair value	20,289		31,095
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments	(17)		(47)
Commercial paper [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months			4,322
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments			(2)
Fair value, 12 months or more			0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments			0
Total fair value			4,322
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments			(2)
US treasury notes [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months			17,525
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments			(16)
Fair value, 12 months or more			0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments			0
Total fair value			17,525
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments			(16)
Agencies securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months	4,019		4,015
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments	(7)		(19)
Fair value, 12 months or more	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments	0		0
Total fair value	4,019		4,015
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments	(7)		(19)
Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months	22,878		53,634
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments	(125)		(410)
Fair value, 12 months or more	24,269		21,518
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments	(117)		(144)
Total fair value	47,147		75,152
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments	(242)		(554)
Municipal bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments	0		0
Fair value, 12 months or more	1,070		1,035
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments	(30)		(65)
Total fair value	1,070		1,035
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments	(30)		(65)
Asset-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value, less than 12 months	12,654		18,668
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss Accumulated In Investments	(18)		(57)
Fair value, 12 months or more	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss, Accumulated in Investments	0		0
Total fair value	12,654		18,668
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss, Accumulated in Investments	$ (18)		$ (57)

Investment Securities - Maturit

Investment Securities - Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Amortized cost
Due in one year or less	$ 56,110
Due after one year through five years	15,114
Due after five years through ten years	318
Due after ten years	1,100
Mortgage and asset-backed securities	121,705
Total investment securities	194,347
Fair value
Due in one year or less	56,092
Due after one year through five years	15,131
Due after five years through ten years	320
Due after ten years	1,070
Mortgage and asset-backed securities	121,847
Fair value	$ 194,460	$ 181,539

Accounts Receivable - Accounts

Accounts Receivable - Accounts receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable current and noncurrent, net	$ 27,652	$ 42,153
Receivables due from card issuing banks [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Gross	11,735	8,852
Overdrawn Account Balances due from Cardholders [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Gross	13,407	10,198
Reserve for uncollectible overdrawn accounts	(11,088)	(7,999)	$ (12,580)	$ (11,196)
Accounts receivable current and noncurrent, net	2,319	2,199
Trade receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Gross	1,263	10,644
Reserve for uncollectible overdrawn accounts	(207)	(58)
Accounts receivable current and noncurrent, net	1,056	10,586
Fee advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Gross	2,440	11,621
Other receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Gross	$ 10,102	$ 8,895

Accounts Receivable - Reserve f

Accounts Receivable - Reserve for uncollectible overdrawn accounts activity (Details) - Reserve for uncollectible overdrawn accounts [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Uncollectible Overdrawn Accounts [Roll Forward]
Balance, beginning of period	$ 7,999	$ 11,196
Fees	14,851	13,644
Purchase transactions	1,915	1,548
Charge-offs	(13,677)	(13,808)
Balance, end of period	$ 11,088	$ 12,580

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Impairment of capitalized software	$ 105	$ 0

Loans to Bank Customers - Loan

Loans to Bank Customers - Loan Summary (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	$ 1	$ 21
Total Current or Less Than 30 Days Past Due	6,551	6,684
Total Outstanding Loans to Bank Customers	$ 6,552	$ 6,705
Percentage outstanding, 30-59 days past due	0.00%	0.00%
Percentage outstanding, 60-89 days past due	0.00%	0.00%
Percentage outstanding, 90 days or more past due	0.00%	0.30%
Loans, Percentage Outstanding, Total Past Due 30 Days or More	0.00%	0.30%
Percentage outstanding, current or less than 30 days past due	100.00%	99.70%
Percentage outstanding	100.00%	100.00%
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	$ 0	$ 0
Total Current or Less Than 30 Days Past Due	3,893	3,863
Total Outstanding Loans to Bank Customers	3,893	3,863
Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	19
Total Current or Less Than 30 Days Past Due	380	294
Total Outstanding Loans to Bank Customers	380	313
Installment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	1	2
Total Current or Less Than 30 Days Past Due	2,278	2,527
Total Outstanding Loans to Bank Customers	2,279	2,529
Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	1	2
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] | Installment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	1	2
Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Installment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	19
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	0	19
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Installment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 30 days or more	$ 0	$ 0

Loans to Bank Customers - Nonpe

Loans to Bank Customers - Nonperforming Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Nonperforming Loans [Line Items]
Nonperforming loans	$ 694	$ 664
Residential
Nonperforming Loans [Line Items]
Nonperforming loans	423	366
Commercial Loans
Nonperforming Loans [Line Items]
Nonperforming loans	0	19
Installment Loans
Nonperforming Loans [Line Items]
Nonperforming loans	$ 271	$ 279

Loans to Bank Customers - Credi

Loans to Bank Customers - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	$ 6,274	$ 6,279
Non-Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	5,653	5,871
Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	899	834
Residential | Non-Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	3,377	3,404
Residential | Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	516	459
Commercial Loans | Non-Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	380	294
Commercial Loans | Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	0	19
Installment Loans | Non-Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	1,896	2,173
Installment Loans | Classified
Outstanding Loans [Line Items]
Loans to Bank Customers, Carrying Amount	$ 383	$ 356

Loans to Bank Customers - Troub

Loans to Bank Customers - Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Residential
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance	$ 22	$ 24
Financing Receivable, Modifications, Recorded Investment	18	19
Commercial Loans
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance	0	257
Financing Receivable, Modifications, Recorded Investment	0	19
Installment Loans
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance	267	241
Financing Receivable, Modifications, Recorded Investment	$ 129	$ 128

Loans to Bank Customers - Allow

Loans to Bank Customers - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Allowance for Loan Losses [Roll Forward]
Allowance for loan losses, beginning of period	$ 426	$ 444
Provision for loans	(151)	(73)
Loans charged off	0	(35)
Recoveries of loans previously charged off	3	4
Allowance for loan losses, end of period	$ 278	$ 340

Employee Stock-Based Compensa50

Employee Stock-Based Compensation - Share-based Compensation Equity Granted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock-based compensation	$ 5,645	$ 5,213
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units granted (shares)	236,973	242,587
2010 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted in period (shares)	0	0
2010 Equity Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units granted (shares)	418,000	337,000
Weighted-average grant-date fair value (in dollars per share)	$ 21.79	$ 19.48

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Deposits [Abstract]
GPR deposits	$ 566,353	$ 610,652
Other demand deposits	49,305	23,644
Total non-interest bearing deposit accounts	615,658	634,296
Negotiable order of withdrawal (NOW)	1,005	851
Savings	12,108	8,848
Time deposits, denominations greater than or equal to $100	6,274	6,268
Time deposits, denominations less than $100	1,889	1,882
Total interest-bearing deposit accounts	21,276	17,849
Total deposits	$ 636,934	$ 652,145

Deposits - Contractual Maturiti

Deposits - Contractual Maturities (Details) $ in Thousands	Mar. 31, 2016USD ($)
Time Deposits, Fiscal Year Maturity [Abstract]
Due in 2016	$ 3,184
Due in 2017	2,840
Due in 2018	464
Due in 2019	342
Due in 2020	1,316
Thereafter	17
Total time deposits	$ 8,163

Note Payable - Narrative (Detai

Note Payable - Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended
	Oct. 31, 2014	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Debt Instrument [Line Items]
Deferred financing costs		$ 5,500,000		$ 5,800,000
Repayments of notes payable		$ 5,625,000	$ 5,625,000
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 225,000,000
Potential maximum borrowing capacity increase	50,000,000
Effective interest rate (percent)		3.18%
Interest expense		$ 1,100,000	1,200,000
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Line of Credit [Member] | Base Rate, Condition One [Member]
Debt Instrument [Line Items]
Spread on interest rate (percent)		0.50%
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Line of Credit [Member] | Base Rate, Condition Two [Member]
Debt Instrument [Line Items]
Spread on interest rate (percent)		1.00%
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Minimum [Member] | Line of Credit [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (percent)		2.50%
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Minimum [Member] | Line of Credit [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (percent)		1.50%
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Maximum [Member] | Line of Credit [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (percent)		3.00%
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Maximum [Member] | Line of Credit [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate (percent)		2.00%
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Revolving Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 75,000,000
Debt term	5 years
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Term Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 150,000,000
Debt term	5 years
Quarterly principal payment		$ 5,600,000
Repayments of notes payable		$ 5,600,000	$ 5,600,000

Note Payable - Schedule of Debt

Note Payable - Schedule of Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total notes payable	$ 116,411	$ 121,652
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Total notes payable	116,411	121,652
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Line of Credit [Member] | Term Facility [Member]
Debt Instrument [Line Items]
Total notes payable	116,411	121,652
Bank Of America, N.A., Wells Fargo Bank, National Association, And Other Lenders [Member] | Line of Credit [Member] | Revolving Facility [Member]
Debt Instrument [Line Items]
Total notes payable	$ 0	$ 0

Stockholders' Equity (Details)

Stockholders' Equity (Details)	1 Months Ended	3 Months Ended
	Dec. 31, 2015USD ($)	Mar. 31, 2016USD ($)transaction$ / shares	Mar. 31, 2015USD ($)	Jun. 30, 2015USD ($)
Class of Stock [Line Items]
Up-front payment for common stock		$ 9,013,000	$ 0
ASR transaction accounted for as a treasury stock repurchase		$ 100,000,000
ASR [Member]
Class of Stock [Line Items]
Stock repurchase program, number of transactions | transaction		2
December 2015 Repurchase Plan [Member]
Class of Stock [Line Items]
Up-front payment for common stock	$ 10,000,000
ASR transaction accounted for as a treasury stock repurchase		$ 500,000
Treasury stock acquired, average cost per share (in USD per share) | $ / shares		$ 16.11
Stock repurchased during period, value		$ 600,000
Stock repurchased during period, average cost per share (in USD per share) | $ / shares		$ 16.15
Common Class A [Member]
Class of Stock [Line Items]
Share repurchase program authorized amount				$ 150,000,000
ASR transaction accounted for as a treasury stock repurchase		$ 50,000,000

Stockholders' Equity ASR Activi

Stockholders' Equity ASR Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended	3 Months Ended
	Apr. 30, 2016	Mar. 31, 2016	Mar. 31, 2015
Equity, Class of Treasury Stock [Line Items]
Up-front payment for common stock		$ 9,013	$ 0
Treasury stock, value		100,000
Common Class A [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock, value		$ 50,000
Common Class A [Member] | April 2016 ASR [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock, shares acquired		1,867
Treasury stock, value		$ 50,000
Common Class A [Member] | September 2015 ASR [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock acquired, average cost per share (in USD per share)		$ 17.08
Treasury stock, shares acquired		2,342
Treasury stock, value		$ 40,000
Subsequent Event [Member] | April 2016 ASR [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock, shares acquired	1,900
Up-front payment for common stock	$ 50,000

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating Loss Carryforwards [Line Items]
U.S. federal statutory tax rate (percent)	35.00%	35.00%
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	$ 8,260	$ 6,866
Unrecognized tax benefits, income tax penalties and interest accrued	900	$ 700
Federal [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	46,200
State Tax [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	31,900
State Tax [Member] | Tax Year 2025 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	900
State Tax [Member] | Latest Tax Year [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 5,800
Minimum [Member] | Internal Revenue Service (IRS) [Member] | State Tax [Member]
Operating Loss Carryforwards [Line Items]
Income Tax Examination Period	4 years
Maximum [Member] | Internal Revenue Service (IRS) [Member] | State Tax [Member]
Operating Loss Carryforwards [Line Items]
Income Tax Examination Period	5 years

Income Taxes - Effective Tax Ra

Income Taxes - Effective Tax Rate Reconciliation (Details)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Effective Income Tax Rate Reconciliation, Percent [Abstract]
U.S. federal statutory tax rate	35.00%	35.00%
State income taxes, net of federal tax benefit	2.90%	2.00%
General business credits	(2.60%)	(0.70%)
Employee stock-based compensation	0.50%	0.70%
Other	1.00%	1.00%
Effective tax rate	36.80%	38.00%

Income Taxes - Rollforward of U

Income Taxes - Rollforward of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Reconciliation of Unrecognized Tax Benefits [Roll Forward]
Beginning balance	$ 7,371	$ 6,190
Increases related to positions taken during prior years	0	0
Increases related to positions taken during the current year	889	676
Ending balance	8,260	6,866
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	$ 8,260	$ 6,866

Earnings per Common Share - Bas

Earnings per Common Share - Basic Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income	$ 32,882	$ 40,813
Income attributable to preferred stock	(972)	(1,165)
Income attributable to common stock subject to repurchase	0	(81)
Net income allocated to Class A common stockholders	$ 31,910	$ 39,567
Weighted-average Class A shares issued and outstanding	49,863	51,448
Basic earnings per Class A common share, in usd per share	$ 0.64	$ 0.77
Re-allocated earnings	$ 19	$ 11
Diluted net income allocated to Class A common stockholders	$ 31,929	$ 39,578
Diluted weighted-average Class A shares issued and outstanding	50,867	51,938
Diluted earnings per Class A common share, in usd per share	$ 0.63	$ 0.76
Stock Options [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive potential common shares	343	281
Restricted Stock Units (RSUs) [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive potential common shares	630	193
Employee Stock Purchase Plan [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive potential common shares	31	16
Common Class A [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted-average Class A shares issued and outstanding	49,863	51,448
Basic earnings per Class A common share, in usd per share	$ 0.64	$ 0.77
Diluted weighted-average Class A shares issued and outstanding	50,867	51,938
Diluted earnings per Class A common share, in usd per share	$ 0.63	$ 0.76

Earnings per Common Share - Ant

Earnings per Common Share - Antidilutive Shares (Details) - Common Class A [Member] - shares shares in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Shares [Line Items]
Antidilutive shares	1,853	2,432
Stock Options [Member]
Antidilutive Shares [Line Items]
Antidilutive shares	326	795
Restricted Stock Units (RSUs) [Member]
Antidilutive Shares [Line Items]
Antidilutive shares	8	122
Convertible preferred stock [Member]
Antidilutive Shares [Line Items]
Antidilutive shares	1,519	1,515

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	$ 194,460	$ 181,539
Corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	34,791	33,154
Commercial paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	8,216	6,505
US treasury notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	21,055	17,525
Agencies securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	4,019	4,015
Municipal bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	1,905	1,900
Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	16,320	18,668
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	194,460	181,539
Contingent consideration, fair value	13,700	13,889
Recurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	194,460	181,539
Recurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Contingent consideration, fair value	13,700	13,889
Recurring [Member] | Corporate bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	34,791	33,154
Recurring [Member] | Corporate bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Corporate bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	34,791	33,154
Recurring [Member] | Corporate bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Commercial paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	8,216	6,505
Recurring [Member] | Commercial paper [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Commercial paper [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	8,216	6,505
Recurring [Member] | Commercial paper [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | US treasury notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	21,055	17,525
Recurring [Member] | US treasury notes [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | US treasury notes [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	21,055	17,525
Recurring [Member] | US treasury notes [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Agencies securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	4,019	4,015
Recurring [Member] | Agencies securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Agencies securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	4,019	4,015
Recurring [Member] | Agencies securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	108,154	99,772
Recurring [Member] | Mortgage-backed securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Mortgage-backed securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	108,154	99,772
Recurring [Member] | Mortgage-backed securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Municipal bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	1,905	1,900
Recurring [Member] | Municipal bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Municipal bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	1,905	1,900
Recurring [Member] | Municipal bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	16,320	18,668
Recurring [Member] | Asset-backed securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	0	0
Recurring [Member] | Asset-backed securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	16,320	18,668
Recurring [Member] | Asset-backed securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value	$ 0	$ 0

Fair Value Measurements - Conti

Fair Value Measurements - Contingent Consideration Payable (Details) - Contingent Consideration - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period	$ 13,889	$ 23,160
Payments of contingent consideration	(189)	(169)
Change in fair value of contingent consideration	0	(7,616)
Balance, end of period	$ 13,700	$ 15,375

Fair Value of Financial Instr64

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Loans to Bank Customers, Carrying Amount	$ 6,274	$ 6,279
Loans to Bank Customers, Fair Value	5,578	5,847
Deposits, Carrying Value	636,934	652,145
Deposits, Fair Value	636,860	652,060
Note payable, Carrying Value	116,411	121,652
Note payable, Fair Value	$ 116,411	$ 121,652

Commitments and Contingencies

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Line of Credit [Member] | Standby Letters of Credit [Member]
Loss Contingencies [Line Items]
Letters of Credit Outstanding, Amount	$ 1.5	$ 1.5

Significant Customer Concentr66

Significant Customer Concentrations (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)customer	Mar. 31, 2015USD ($)	Dec. 31, 2015
Concentration Risk [Line Items]
Stock-based retailer incentive compensation | $	$ 0	$ 1,906
Number of major retail distributors | customer	4
Customer Concentration Risk [Member] | Total Operating Revenues [Member] | Walmart [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	36.00%	40.00%
Customer Concentration Risk [Member] | Total Operating Revenues, Excluding Stock-Based Retailer Incentive Compensation [Member] | Walmart [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	36.00%	40.00%
Customer Concentration Risk [Member] | GPR Cards Activated (in units) [Member] | Four Largest Retailers Distributors [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	55.00%	61.00%
Customer Concentration Risk [Member] | Sales of Cash Transfer Products (in units) [Member] | Four Largest Retailers Distributors [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	74.00%	81.00%
Customer Concentration Risk [Member] | Settlement Assets [Member] | Walmart [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (balance sheet disclosures)	29.00%		62.00%
Customer Concentration Risk [Member] | Settlement Assets [Member] | Three Other Largest Retailer Distributors, as a Group [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (balance sheet disclosures)	5.00%		9.00%

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)segment	Mar. 31, 2015USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	2
Segment Reporting Information [Line Items]
Segment revenues	$ 228,024	$ 227,165
Segment expenses	173,538	161,269
Operating income	54,486	65,896
Account Services Segment [Member]
Segment Reporting Information [Line Items]
Segment revenues	145,140	147,859
Segment expenses	119,152	118,153
Operating income	25,988	29,706
Processing and Settlement Services Segment [Member]
Segment Reporting Information [Line Items]
Segment revenues	91,370	90,176
Segment expenses	39,022	36,858
Operating income	52,348	53,318
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Segment revenues	(8,486)	(10,870)
Segment expenses	15,364	6,258
Operating income	$ (23,850)	$ (17,128)