v3.24.1.u1
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues $ 2,420,187 $ 2,292,447
Operating expenses:    
Cost of service 922,390 947,753
Selling, general and administrative 1,045,545 1,043,126
Loss on business disposition 0 244,833
Total operating expenses 1,967,935 2,235,712
Operating income 452,252 56,735
Interest and other income 35,928 11,153
Interest and other expense (162,147) (122,945)
Total nonoperating income (expense) (126,219) (111,792)
Income (loss) before income taxes and equity in income of equity method investments 326,033 (55,057)
Income tax expense (benefit) 19,382 (31,399)
Income (loss) before equity in income of equity method investments 306,651 (23,658)
Equity in income of equity method investments, net of tax 16,411 19,238
Net income (loss) 323,062 (4,420)
Net income attributable to noncontrolling interests (9,755) (6,621)
Net income (loss) attributable to Global Payments $ 313,307 $ (11,041)
Earnings (loss) per share attributable to Global Payments:    
Basic earnings (loss) per share (in USD per share) $ 1.22 $ (0.04)
Diluted earnings (loss) per share (in USD per share) $ 1.22 $ (0.04)

Source