UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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| Income Statement [Abstract] | |||||
| Revenues | $ 2,452,469 | $ 2,280,906 | $ 4,744,916 | $ 4,437,160 | |
| Operating expenses: | |||||
| Cost of service | 941,952 | 962,299 | 1,889,705 | 1,919,457 | |
| Selling, general and administrative | 1,013,514 | 863,179 | 2,056,641 | 1,686,328 | |
| Impairment of goodwill | 0 | 833,075 | 0 | 833,075 | |
| (Gain) loss on business dispositions | (105,738) | 152,211 | 139,095 | 152,211 | |
| Total operating expenses | 1,849,728 | 2,810,764 | 4,085,441 | 4,591,071 | |
| Operating income (loss) | 602,741 | (529,858) | 659,475 | (153,911) | |
| Interest and other income | 27,944 | 2,956 | 39,097 | 4,667 | |
| Interest and other expense | (191,423) | (99,188) | (314,368) | (192,471) | |
| Total nonoperating income (expense) | (163,479) | (96,232) | (275,271) | (187,804) | |
| Income (loss) before income taxes and equity in income of equity method investments | 439,262 | (626,090) | 384,204 | (341,715) | |
| Income tax expense | 172,211 | 52,776 | 140,812 | 104,994 | |
| Income (loss) before equity in income of equity method investments | 267,051 | (678,866) | 243,392 | (446,709) | |
| Equity in income of equity method investments, net of tax | 17,155 | 13,815 | 36,394 | 31,294 | |
| Net income (loss) | 284,206 | (665,051) | 279,786 | (415,415) | |
| Net income attributable to noncontrolling interests, net of tax | (10,058) | (7,948) | (16,679) | (12,851) | |
| Net income (loss) attributable to Global Payments | $ 274,148 | $ (672,999) | $ 263,107 | $ (428,266) | |
| Earnings (loss) per share attributable to Global Payments: | |||||
| Basic earnings (loss) per share (in USD per share) | $ 1.05 | $ (2.42) | $ 1.00 | $ (1.53) | |
| Diluted earnings (loss) per share (in USD per share) | $ 1.05 | $ (2.42) | $ 1.00 | $ (1.53) | |
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- Definition Income (Loss) from Continuing Operations, Net of Tax, before Equity Method Investments and Noncontrolling Interest No definition available.
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- Definition Interest and Other Expense No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) from sale and disposal of integrated set of activities and assets capable of being conducted and managed for purpose of providing return in form of dividend, lower cost, or other economic benefit to investor, owner, member and participant. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business). No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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