| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | divestiture_reduction | completed | 2025-09-30 | 2025-09-30 | United States | Merchant Solutions (Payroll Solutions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Heartland Payroll Solutions to Acrisure completed September 2025 for approximately $1.1 billion including up to $75 million contingent consideration; gain on sale of $331.4 million recognized. No employee count disclosed. Announcement date reflects completion month; exact day not stated. | |||
| 2025-12-31 | restructuring | in_progress | 2024 | 2027-06-30 | Global | Enterprise-wide (business transformation program) | USD 738 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge covers fiscal year 2025 only and combines acquisition and transformation expenses, primarily within Corporate SG&A; not a pure severance figure. Program launched in 2024 with incremental expenses expected through the first half of 2027; target of more than $650 million annual run-rate operating income benefit by first half of 2027. No employees-affected count disclosed. | ||
| 2025-12-31 | acquisition_addition | announced | 2026-01-09 | 2026-01-09 | Global | Worldpay (payments technology and solutions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: acquisition of 100% of Worldpay closed January 9, 2026 for approximately $6.2 billion cash plus 43.3 million shares; no headcount added disclosed. Reportable segments to be reorganized beginning Q1 2026. | |||
| 2025-12-31 | divestiture_reduction | announced | 2026-01-09 | 2026-01-09 | Global | Issuer Solutions | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: Issuer Solutions divested to FIS simultaneously with the Worldpay acquisition on January 9, 2026 for approximately $7.7 billion cash plus FIS's Worldpay interest; no headcount removed disclosed. Company providing transition services to FIS. | |||
| 2025-12-31 | restructuring | in_progress | 2024-01-01 | 2027-06-30 | Global | Corporate and Operations | USD 100 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Employee termination benefits recognized in FY2024 to align workforce to new operating model. Includes $19.4M share-based compensation. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-09-01 | 2025-09-30 | United States | Merchant Solutions | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Heartland Payroll Solutions to Acrisure. | |||
| 2025-12-31 | divestiture_reduction | completed | 2024-12-01 | 2024-12-31 | United States | Merchant Solutions | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of AdvancedMD. | |||
| 2025-09-30 | divestiture_reduction | in_progress | 2025-04-17 | 2026-03-31 | Issuer Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Issuer Solutions classified as held for sale and a discontinued operation in Q2 2025; to be divested to FIS simultaneously with the Worldpay acquisition, expected to close in the first quarter of 2026 (completion date shown as quarter-end proxy). No employee count or severance disclosed; a $33.2 million goodwill impairment was recognized within discontinued operations, not a workforce charge. | ||||
| 2025-09-30 | divestiture_reduction | completed | Merchant Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Heartland Payroll Solutions, Inc. to Acrisure, LLC completed 2025-09-30 for approximately $1.1 billion, with up to $75 million contingent consideration; a $343.9 million gain on sale was recognized. Announcement date and employee counts not disclosed. | ||||||
| 2025-09-30 | restructuring | completed | 2024-01-01 | Global | Corporate | USD 56 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits recognized in Q3 2025 related to actions taken in 2024 to align workforce to new operating model. | |||
| 2025-09-30 | restructuring | completed | 2024-01-01 | Global | Corporate | USD 94 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits recognized in the nine months ended Sept 30, 2025 related to actions taken in 2024 to align workforce to new operating model. | |||
| 2025-06-30 | restructuring | in_progress | 2027-06-30 | Global | Corporate and Merchant Solutions | USD 134 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Q3 2025 acquisition and transformation expenses of $133.7M included in operating income. Part of holistic review launched in 2024 to refresh strategy and operations. Expected to generate >$650M annual run-rate operating income benefit by H1 2027. Employee count not disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2027-06-30 | Global | Corporate and Merchant Solutions | USD 228 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD 2025 acquisition and transformation expenses of $228.3M included in operating income. Primarily included within Corporate selling, general and administrative expenses. Employee count not disclosed. | |||
| 2025-03-31 | restructuring | in_progress | 2024-09-30 | 2027-06-30 | Global | Corporate | USD 66 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Business transformation initiative costs incurred in Q1 2025. Program announced in Q3 2024, expected to generate >$600M annual run-rate benefit by H1 2027. Employee count not disclosed. | ||
| 2025-03-31 | divestiture_reduction | completed | 2024-12-31 | 2024-12-31 | United States | Merchant Solutions | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of AdvancedMD completed in Dec 2024. Employee count not disclosed. | |||
| 2024-12-31 | restructuring | in_progress | 2024-01-01 | 2027-06-30 | Global | Corporate / enterprise-wide | USD 100 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 charges tied to the business transformation program launched early 2024; includes $19.4M share-based compensation. Headcount affected not disclosed. Separate $99.1M transformation-program cost and $55.8M technology asset charge also recognized in FY2024. Program expected largely complete by first half of 2027. | ||
| 2024-12-31 | divestiture_reduction | completed | 2024-12-01 | 2024-12-31 | United States | Merchant Solutions (AdvancedMD) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed December 2024 for approximately $1 billion plus up to $125M contingent consideration; $273.1M gain recognized. Headcount removed not disclosed. | |||
| 2024-12-31 | divestiture_reduction | completed | 2023-04-01 | 2023-04-30 | United States | Former Consumer Solutions (Netspend consumer business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed April 2023 (prior fiscal year); included here only because the filing restates comparative segment data. No FY2024 activity; headcount not disclosed. | |||
| 2024-12-31 | acquisition_addition | completed | 2023-03-01 | 2023-03-31 | Americas and Europe | Merchant Solutions (EVO Payments) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed March 2023 (prior fiscal year), approximately $4 billion; headcount added not disclosed. Included for context only — no FY2024 acquisition headcount additions disclosed. | |||
| 2024-12-31 | restructuring | in_progress | 2024-01-01 | 2027-06-30 | Global | Corporate / All Segments | USD 100 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Business transformation initiative launched early 2024. Employee termination benefits of $99.6 million recognized in 2024. Program expected to be largely completed by first half of 2027. | ||
| 2024-09-30 | restructuring | in_progress | Global | Corporate | USD 94 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions taken to align workforce to new operating model; termination benefit charges of $56.4M in Q3 2024 (incl. $15.5M share-based comp) and $94.1M YTD (incl. $18.2M share-based comp); $34.1M obligation accrued at 2024-09-30 payable within 12 months; no employee count disclosed | ||||
| 2024-09-30 | restructuring | in_progress | Global | Corporate | USD 59 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business transformation program began Q3 2024, expected to continue over next few years with incremental expenses through early 2027; $59.2M charge in Q3/YTD 2024 primarily for resources supporting the initiative; expected to generate over $500M annual run-rate operating income benefit by first half of 2027 | ||||
| 2024-09-30 | divestiture_reduction | announced | 2024-10-27 | 2024-12-31 | United States | Merchant Solutions — AdvancedMD | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell AdvancedMD for $1.125B ($1B at closing plus up to $125M contingent); expected to close Q4 2024 subject to regulatory clearance; no headcount disclosed | |||
| 2024-09-30 | restructuring | in_progress | 2024-07-01 | Corporate | USD 56 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits recognized in Q3 2024 as part of actions to align workforce to new operating model. Includes $15.5M share-based compensation. | ||||
| 2024-09-30 | restructuring | in_progress | 2024-01-01 | Corporate | USD 94 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Cumulative charges for employee termination benefits recognized in the nine months ended Sept 30, 2024. Includes $18.2M share-based compensation. | ||||
| 2024-09-30 | restructuring | in_progress | USD 56,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 15,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | acquisition_addition | completed | 2023-03-24 | 2023-03-24 | Americas and Europe | Merchant Solutions | USD 4,270 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase consideration of $4.3 billion; acquired workforce headcount not disclosed. Charge shown is purchase consideration, not a severance charge. | ||
| 2023-12-31 | divestiture_reduction | completed | 2023-04-26 | 2023-04-26 | United States | Consumer Solutions (Netspend consumer business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed for approximately $1 billion; associated headcount reduction not quantified. Filer recognized a $243.6 million incremental loss on the disposition. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-04-01 | 2023-04-01 | North America | Gaming business (within Merchant Solutions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed for approximately $400 million; associated headcount reduction not quantified. A $106.9 million gain was recognized. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-03-24 | 2023-03-24 | Americas and Europe | Merchant Solutions | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of EVO Payments, Inc. completed on March 24, 2023. Specific headcount added not disclosed. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-04-26 | 2023-04-26 | United States | Consumer Solutions | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of consumer portion of Netspend business completed on April 26, 2023. Specific headcount removed not disclosed. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-04-01 | 2023-04-01 | North America | Merchant Solutions | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of gaming business completed on April 1, 2023. Specific headcount removed not disclosed. | |||
| 2023-09-30 | acquisition_addition | completed | 2022-08-01 | 2023-03-24 | Americas and Europe | Merchant Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed 2023-03-24 (Q1 2023); no employee count disclosed. Measurement-period adjustments to the purchase price allocation continued through 2023-09-30. Replacement equity awards were granted to certain EVO award holders. | |||
| 2023-09-30 | divestiture_reduction | completed | 2023-04-26 | 2023-04-26 | United States | Consumer Solutions (consumer portion of Netspend) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed 2023-04-26 (Q2 2023) for approximately $1 billion; no employee count disclosed. Company provided $675 million of seller financing. | |||
| 2023-09-30 | divestiture_reduction | completed | 2023-04-01 | 2023-04-01 | United States | Merchant Solutions (gaming business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed 2023-04-01 (Q2 2023) for approximately $400 million; no employee count disclosed. Company provided $32 million of seller financing. | |||
| 2023-09-30 | acquisition_addition | completed | 2023-03-24 | Americas and Europe | Merchant Solutions | USD 4,269,620 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired EVO Payments, Inc. for total purchase consideration of $4.3 billion. Headcount not explicitly disclosed. | |||
| 2023-09-30 | divestiture_reduction | completed | 2023-04-26 | Consumer Solutions | USD -243,200 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold consumer portion of Netspend business. Recognized loss on business dispositions of $243.2 million. Headcount not explicitly disclosed. | ||||
| 2023-09-30 | divestiture_reduction | completed | 2023-04-01 | Merchant Solutions | USD 104,100 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold gaming business. Recognized gain on sale of $104.1 million. Headcount not explicitly disclosed. | ||||
| 2023-03-31 | acquisition_addition | completed | 2022-08-01 | 2023-03-24 | Americas and Europe | Merchant Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding common stock of EVO Payments for $4.3B total consideration. No employee headcount added disclosed. | |||
| 2023-03-31 | divestiture_reduction | completed | 2023-04-26 | United States | Consumer Solutions | USD 245 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of consumer portion of Netspend for ~$1B. Loss on business dispositions of $244.8M recognized in Q1 2023. No employee count disclosed. | |||
| 2023-03-31 | divestiture_reduction | completed | 2023-04-01 | United States | Gaming business | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of gaming business for ~$400M. Expected gain of ~$100M in Q2 2023. No employee count disclosed. | ||||
| 2023-03-31 | acquisition_addition | completed | 2023-03-24 | Americas and Europe | Merchant Solutions | USD 4,269,620 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired EVO Payments, Inc. for total purchase consideration of $4.3 billion. Headcount not disclosed. | |||
| 2023-03-31 | divestiture_reduction | completed | 2023-04-26 | Consumer Solutions | USD -244,833 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Completed sale of consumer portion of Netspend business. Recognized $244.8 million loss on dispositions. Headcount not disclosed. | ||||
| 2023-03-31 | divestiture_reduction | completed | 2023-04-01 | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Completed sale of gaming business for approx. $400 million. Expected gain of $100 million. Headcount not disclosed. | ||||||
| 2022-12-31 | divestiture_reduction | completed | 2022-04-29 | 2022-04-29 | Russia | Merchant Solutions | USD 127 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Merchant Solutions business in Russia effective 2022-04-29 for $9M cash proceeds; $127.2M loss recognized. Headcount not disclosed. | ||
| 2022-12-31 | divestiture_reduction | announced | 2022-07-31 | 2023-03-31 | United States | Consumer Solutions | USD 72 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell consumer portion of Netspend for $1B; expected to close Q1 2023. $71.9M charge to reduce disposal group to fair value less costs to sell. Headcount not disclosed. | ||
| 2022-12-31 | acquisition_addition | announced | 2022-08-01 | 2023-03-31 | Americas and Europe | Merchant Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement to acquire EVO Payments for ~$4B enterprise value; expected to close Q1 2023. Headcount not disclosed. | |||
| 2022-12-31 | divestiture_reduction | announced | 2022-12-06 | 2023-03-31 | United States | Gaming business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell gaming business for ~$400M; expected to close Q1 2023. Headcount not disclosed. | |||
| 2022-09-30 | divestiture_reduction | completed | 2022-04-29 | 2022-04-29 | Russia | Merchant Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Merchant Solutions business in Russia effective 2022-04-29 for $9 million cash proceeds; a $127.2 million loss was recognized (business disposition loss, not a workforce charge). No employee count disclosed. | |||
| 2022-09-30 | divestiture_reduction | announced | 2022-07-31 | 2023-03-31 | Consumer Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell the consumer business for $1 billion, expected to close before end of Q1 2023 subject to regulatory approvals. Assets and liabilities classified as held for sale at 2022-09-30. No employee count disclosed; $73.9 million YTD fair-value write-down of the disposal group is not a workforce charge. | ||||
| 2022-09-30 | acquisition_addition | announced | 2022-08-01 | 2023-03-31 | Merchant Solutions | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement to acquire EVO Payments, Inc. at $34 per share (~$3.4 billion cash consideration; ~$4 billion enterprise value), expected to close before end of Q1 2023. No headcount added disclosed. | ||||
| 2022-09-30 | restructuring | in_progress | 2022-12-31 | Global | Corporate | USD 40 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facilities exit activities to reduce the global facility footprint; $40.0 million YTD charge (of which $31.7 million in Q3) per MD&A, including $27.7 million of long-lived asset charges per Note 12. Charges are asset write-downs, not severance. Filer expects additional charges as activities continue in 2022. No employee count disclosed. | |||
| 2022-09-30 | restructuring | in_progress | 2022-09-30 | Global | Corporate | USD 32 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges of $27.7 million recognized in Q3 related to facilities exit activities to reduce facility footprint. Total charges for the nine months ended Sept 30, 2022 were $40.0 million. Employee count not disclosed. | |||
| 2022-09-30 | divestiture_reduction | completed | 2022-04-29 | 2022-04-29 | Russia | Merchant Solutions | USD 127 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Merchant Solutions business in Russia effective April 29, 2022. Loss on sale of $127.2 million recognized. Employee count not disclosed. | ||
| 2022-06-30 | restructuring | completed | Global | Corporate | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits recognized in Q2 2022 related to integration activities from the Total System Services merger. No employee count disclosed. | ||||
| 2022-06-30 | restructuring | completed | Global | Corporate | USD 38 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits recognized YTD 2022 related to integration activities from the Total System Services merger. No employee count disclosed. | ||||
| 2022-03-31 | divestiture_reduction | announced | 2022-04-29 | 2022-04-29 | Russia | Merchant Solutions | USD 130 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Russian merchant business effective April 29, 2022 due to additional sanctions; expected charge of approximately $130 million in Q2 2022 including accumulated FX translation losses. No employee count disclosed. | ||
| 2022-03-31 | restructuring | completed | 2022-03-31 | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Obligations for employee termination benefits from Total System Services merger integration activities were substantially complete as of Dec 31, 2021. Remaining obligation of $3.6 million expected to be paid within next 12 months. | ||||
| 2022-03-31 | divestiture_reduction | announced | 2022-04-29 | 2022-04-29 | Russia | Merchant Solutions | USD 130 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Sold merchant business in Russia effective April 29, 2022 due to sanctions. Expected charge of approx $130 million in Q2 2022. | ||
| 2021-12-31 | acquisition_addition | completed | 2021-06-10 | 2021-06-10 | United States | Merchant Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired real estate technology company Zego for approximately $933 million cash; acquired headcount not disclosed. | |||
| 2021-12-31 | acquisition_addition | completed | United States; Europe | Merchant Solutions; Business and Consumer Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Other 2021 acquisitions (including MineralTree, Bankia merchant services, Worldline PayOne Austria) for aggregate purchase price of $963 million; individual and aggregate acquired headcount not disclosed. | |||||
| 2021-12-31 | restructuring | completed | 2021-12-31 | Global | Corporate | USD 43 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits from TSYS Merger-related integration; $43.4M recognized in FY2021 (cumulative $183.8M since program inception); program substantially complete at year-end with remaining obligations payable within 12 months. Employees affected not disclosed. | |||
| 2021-12-31 | restructuring | in_progress | Global | Corporate | USD 57 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facilities footprint reduction actions identified in Q4 2021 in response to remote/flexible work; $56.8M total charges (including $51.3M asset write-downs and $42.1M lease impairment within SG&A). No workforce reduction headcount disclosed; further charges expected in 2022. | ||||
| 2021-12-31 | restructuring | completed | 2021-12-31 | 2021-12-31 | Global | Corporate | USD 57 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges related to facilities exit activities in response to transition to remote and flexible work arrangements. Employee count not disclosed. | ||
| 2021-12-31 | restructuring | completed | 2021-12-31 | 2021-12-31 | Global | Corporate | USD 43 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Employee termination benefits from Merger-related integration activities. Cumulative charges since merger were $183.8 million. Employee count not disclosed for 2021 specific activity. | ||
| 2021-09-30 | restructuring | in_progress | Global | Corporate (Merger-related integration) | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 2021 employee termination benefit charges from TSYS Merger integration; cumulative recognized charges of $183.4M through 2021-09-30. No employee count disclosed. | ||||
| 2021-09-30 | restructuring | in_progress | Global | Corporate (Merger-related integration) | USD 43 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD 2021 employee termination benefit charges from TSYS Merger integration. No employee count disclosed. | ||||
| 2021-09-30 | acquisition_addition | completed | 2021-06-10 | 2021-06-10 | United States | Merchant Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Zego acquisition closed 2021-06-10 for ~$933M cash consideration; no headcount added disclosed. | |||
| 2021-09-30 | restructuring | in_progress | Corporate | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits resulting from Merger-related integration activities for the three months ended Sept 30, 2021. | |||||
| 2021-09-30 | restructuring | in_progress | Corporate | USD 43 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits resulting from Merger-related integration activities for the nine months ended Sept 30, 2021. | |||||
| 2021-09-30 | acquisition_addition | completed | 2021-06-10 | United States | Merchant Solutions | USD 933 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Zego for cash consideration of approximately $933 million. Headcount not explicitly disclosed. | |||
| 2021-06-30 | acquisition_addition | completed | 2021-06-10 | United States | Merchant Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Zego, a real estate technology company, for approximately $933 million cash consideration. No headcount added disclosed. | ||||
| 2021-06-30 | restructuring | in_progress | Global | Corporate (merger-related integration) | USD 38 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger-related integration employee termination benefits of $38.3M recognized YTD 2021 ($13.1M in Q2 2021); cumulative $178.7M since inception. No employee count disclosed. Company expects additional charges as integration continues in 2021. | ||||
| 2021-06-30 | restructuring | in_progress | Corporate | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits resulting from merger-related integration activities for the three months ended June 30, 2021. Includes $0.7 million of share-based compensation. | |||||
| 2021-06-30 | restructuring | in_progress | Corporate | USD 38 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits resulting from merger-related integration activities for the six months ended June 30, 2021. Includes $1.2 million of share-based compensation. | |||||
| 2021-03-31 | restructuring | in_progress | Global | Corporate (merger-related integration) | USD 25 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2021 charges for employee termination benefits from TSYS merger integration; includes $0.5M share-based compensation. Cumulative recognized charges of $165.6M as of 2021-03-31; $43.5M of obligations remain accrued. Headcount affected not disclosed; further charges expected during 2021. | ||||
| 2021-03-31 | acquisition_addition | announced | 2021-05-04 | 2021-06-30 | United States | Merchant Solutions (property technology) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced acquisition of Zego (Powered by PayLease) for approximately $925 million cash, expected to close by end of Q2 2021; headcount added not disclosed. | |||
| 2021-03-31 | restructuring | in_progress | Corporate | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for employee termination benefits resulting from merger-related integration activities. Cumulative recognized charges were $165.6 million as of March 31, 2021. Employee count not disclosed. | |||||
| 2020-12-31 | restructuring | in_progress | 2021-12-31 | Global | Corporate / Merger integration | USD 83 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger-related integration employee termination benefits recognized during FY2020; includes $6.7M share-based compensation. Cumulative recognized charges of $140.4M since program inception; $48.4M accrued at year-end. Filer states additional charges expected as integration continues in 2021. Employees affected not disclosed. | |||
| 2020-12-31 | acquisition_addition | completed | Global | Merchant Solutions | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisitions completed during FY2020 (cash used for acquisitions of $167.9M, net of cash acquired $160.8M); headcount added through these acquisitions not disclosed. Separately, on 2020-10-01 the company increased its controlling interest in Comercia Global Payments from 51% to 80% for $578.2M; associated headcount not disclosed. | |||||
| 2020-12-31 | restructuring | completed | Global | Corporate | USD 83 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Merger-related integration activities resulted in recognition of one-time employee termination benefits. Specific headcount affected not disclosed. | ||||
| 2020-09-30 | restructuring | in_progress | Global | Corporate | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits from TSYS Merger integration; $8.1M charge in Q3 2020 (incl. $1.9M share-based comp), $49.8M YTD (incl. $6.1M share-based comp), $106.9M cumulative since program inception. No employee count disclosed. Additional charges expected over next 12 months. | ||||
| 2020-09-30 | restructuring | in_progress | 2019-09-18 | Global | Corporate | USD 8 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Merger-related integration activities; $8.1M charge in Q3 2020 for employee termination benefits. Cumulative charges $106.9M. Headcount not disclosed. | |||
| 2020-09-30 | restructuring | in_progress | 2019-09-18 | Global | Corporate | USD 50 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Merger-related integration activities; $49.8M charge in YTD 2020 for employee termination benefits. Cumulative charges $106.9M. Headcount not disclosed. | |||
| 2020-06-30 | restructuring | in_progress | 2019-09-18 | Global | Corporate / enterprise-wide (Merger-related integration) | USD 24 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2020 employee termination benefit charges of $24.1M (incl. $1.7M share-based comp); YTD charges $41.7M; cumulative recognized $98.8M as of 2020-06-30 with $37.7M accrued obligation. Headcount affected not disclosed. Company expects additional charges as integration continues in 2020. | |||
| 2020-06-30 | other | in_progress | 2020-03-01 | Global | Enterprise-wide (COVID-19 cost mitigation) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company implemented cost-saving actions including reductions in employee compensation costs and discretionary spending; share repurchase suspended and capex reduced. No headcount reduction count or RIF explicitly disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | 2019-09-18 | Global | Corporate | USD 24 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Merger-related integration activities. Q3 2020 charges for employee termination benefits were $24.1 million, including $1.7 million share-based compensation. Obligations of $37.7 million remained as of June 30, 2020. Employee count not disclosed. | |||
| 2020-06-30 | restructuring | in_progress | 2019-09-18 | Global | Corporate | USD 42 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Merger-related integration activities. YTD 2020 charges for employee termination benefits were $41.7 million, including $4.2 million share-based compensation. Cumulative charges were $98.8 million. Employee count not disclosed. | |||
| 2020-03-31 | restructuring | in_progress | Global | Corporate | USD 18 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits tied to TSYS Merger integration; Q1 2020 charge of $17.6M included $2.6M share-based comp. Accrued obligation of $48.3M at 2020-03-31; cumulative recognized charges of $74.7M since program start. No employee count disclosed; company expects further charges as integration continues through 2020. | ||||
| 2020-03-31 | restructuring | in_progress | 2019-09-18 | Corporate | USD 18 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Merger-related integration activities with TSYS. Charges for employee termination benefits recognized in Q1 2020. Cumulative charges since merger were $74.7 million. Specific headcount affected not disclosed. | ||||
| 2019-12-31 | acquisition_addition | completed | 2019-05-27 | 2019-09-18 | Global | Merchant Solutions; Issuer Solutions; Business and Consumer Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger closed 2019-09-18 for $24.5 billion total purchase consideration, primarily stock. TSYS headcount added is not disclosed anywhere in the filing; segment goodwill allocation is disclosed instead. | |||
| 2019-12-31 | restructuring | in_progress | 2019-09-18 | Global | Corporate / enterprise-wide integration | USD 57 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger-related integration actions taken through 2019-12-31; charge includes $17.3M accelerated share-based compensation for terminated employees' equity awards. $37.3M of one-time employee termination benefits remained accrued at year-end. Number of employees terminated is not disclosed; further charges expected in 2020. | |||
| 2019-12-31 | restructuring | in_progress | 2019-09-18 | Global | Technology / legacy Global Payments platforms | USD 40 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Write-off of capitalized software and other assets for legacy Global Payments technology not used by the combined company; $31.1M of this total was capitalized software written off in Q4 2019. Asset write-down rather than a headcount action; no employee count disclosed. | |||
| 2019-12-31 | restructuring | in_progress | 2019-09-18 | Global | Corporate / All Segments | USD 57 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Merger-related integration activities resulted in recognition of one-time employee termination benefits. Charges of $57.1 million recognized for actions taken to date, including $17.3 million of share-based compensation expense based on accelerated vesting periods for equity awards held by terminated employees. Company expects to incur additional charges as integration continues in 2020. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-05-27 | 2019-09-18 | Global | TSYS | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger with Total System Services completed 2019-09-18; no headcount disclosed. TSYS contributed $147.5M revenue from acquisition date through quarter-end. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-05-27 | 2019-09-18 | Global | TSYS Segment | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global Payments merged with Total System Services, Inc. (TSYS) on September 18, 2019. The filing discloses financial details of the merger ($24.5 billion purchase consideration) but does not explicitly state the number of employees acquired from TSYS. | |||
| 2019-09-30 | acquisition_addition | completed | 2018-10-17 | 2018-10-17 | North America | North America Segment | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of SICOM Systems, Inc. completed in October 2018. Employee count not disclosed. | |||
| 2019-09-30 | acquisition_addition | completed | 2018-09-04 | 2018-09-04 | North America | North America Segment | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of AdvancedMD, Inc. completed in September 2018. Employee count not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-09-04 | 2018-09-04 | United States | North America — healthcare vertical (ambulatory care physician practice software) | USD 707 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase consideration of $706.9 million; headcount added not disclosed. Consideration recorded as acquisition value, not a workforce charge. | ||
| 2018-12-31 | acquisition_addition | completed | 2018-10-17 | 2018-10-17 | United States | North America — restaurant / quick service vertical | USD 409 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase consideration of $409.2 million; headcount added not disclosed. Consideration recorded as acquisition value, not a workforce charge. | ||
| 2018-09-30 | acquisition_addition | completed | 2018-09-04 | United States | North America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired AdvancedMD, Inc., a cloud-based software provider for physician practices; approximately $700 million cash consideration; headcount added not disclosed; provisional purchase accounting | ||||
| 2018-09-30 | acquisition_addition | completed | 2018-10-17 | United States | North America | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter acquisition of SICOM Systems, Inc., a SaaS provider for quick-service restaurants; funded with approximately $415 million drawn on Revolving Credit Facility; headcount added not disclosed | ||||
| 2017-12-31 | acquisition_addition | completed | 2017-08-02 | 2017-09-01 | United States | North America | USD 1,172 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase consideration of $1.2 billion ($599.5 million cash plus 6,357,509 shares valued at $572.1 million); headcount added not disclosed. Acquisition and integration expenses of $94.6 million were incurred company-wide during FY2017. | ||
| 2017-09-30 | acquisition_addition | completed | 2017-08-02 | 2017-09-01 | United States | North America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed 2017-09-01; consideration $600M cash plus 6,357,509 shares (~$572M). Filing does not disclose employee headcount added; goodwill attributed partly to an assembled workforce. | |||
| 2017-09-30 | acquisition_addition | completed | 2017-09-01 | North America | North America | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired communities and sports divisions of Athlaction Topco, LLC ('ACTIVE Network'). Goodwill attributable to 'assembled workforce' noted, but specific headcount not disclosed. | ||||
| 2016-05-31 | acquisition_addition | completed | 2015-12-15 | 2016-04-22 | United States | North America — merchant acquiring | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger with Heartland Payment Systems completed 2016-04-22; added a 1,400-person direct sales force, over 300,000 merchants and $130 billion annual payments volume. Total Heartland employee headcount added not disclosed; Heartland represented approximately 4% of consolidated revenues for the period post-acquisition. Transaction costs of $24.4 million recorded in SG&A; $51.3 million of total merger-related costs included in Corporate operating loss. | |||
| 2016-05-31 | acquisition_addition | completed | 2015-06-01 | United States | North America — gaming services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired FIS gaming business assets (approximately 260 gaming client locations) for $237.5 million; headcount added not disclosed. | ||||
| 2016-05-31 | acquisition_addition | completed | 2016-03-01 | Global | Europe / Asia-Pacific — ecommerce and omnichannel | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of eWay completed March 2016 to expand ecommerce and omnichannel offerings; headcount added not disclosed. | ||||
| 2016-05-31 | acquisition_addition | completed | 1,400 | 2016-04-22 | 2016-04-22 | United States | North America | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Merger with Heartland Payment Systems, Inc. completed April 22, 2016, adding a 1,400-person direct sales force. | ||
| 2016-02-29 | acquisition_addition | announced | 2015-12-15 | 2016-05-31 | United States | North America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement to acquire Heartland Payment Systems in a cash-and-stock deal valued at $3.6 billion; expected to close in fiscal 2016 fourth quarter. No employee headcount added disclosed. Related acquisition-related costs of $6.1 million incurred in the quarter (including $2.4 million transaction costs), with total expected acquisition-related costs of approximately $52.0 million. | |||
| 2016-02-29 | acquisition_addition | completed | 2014-09-30 | 2015-06-01 | United States | North America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FIS Gaming Business acquisition closed 2015-06-01 (fiscal 2016 first quarter) for $237.5 million; measurement-period adjustments recorded in the current period. Filing discloses approximately 260 gaming client locations acquired, not employee headcount. | |||
| 2015-11-30 | acquisition_addition | completed | 2014-09-30 | 2015-06-01 | United States | North America | USD 238 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of FIS gaming business assets completed June 1, 2015 for $237.5 million; approximately 260 gaming client locations acquired. No employee headcount disclosed. Measurement-period adjustments to provisional fair values recorded during the quarter ended November 30, 2015. | ||
| 2015-11-30 | acquisition_addition | completed | 2015-08-03 | 2015-08-03 | Philippines | Asia-Pacific | USD 33 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contributed 49% interest in GP Philippines to BPI in exchange for its merchant acquiring business; total purchase consideration estimated at $33.0 million. Company retained 51% controlling interest. No employee headcount disclosed. | ||
| 2015-11-30 | acquisition_addition | announced | 2015-07-27 | Czech Republic; Slovak Republic; Romania | Europe | USD 32 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement with CaixaBank and Erste Group to form a 51%-controlled merchant acquiring venture; cash payment of €30 million ($32 million equivalent). Expected to close in second half of fiscal 2016 subject to regulatory approvals. No employee headcount disclosed. | |||
| 2015-11-30 | acquisition_addition | announced | 2015-12-15 | United States | North America | USD 4,300 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement to acquire Heartland Payment Systems in a cash-and-stock transaction valued at $4.3 billion ($100.00 per Heartland share). Secured financing commitment of up to $4.78 billion obtained. Expected to close in fiscal 2016 fourth quarter. Approximately 26 million shares to be issued; no employee headcount disclosed. | |||
| 2015-08-31 | acquisition_addition | completed | 2014-09-30 | 2015-06-01 | United States | North America | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all assets of FIS's gaming business for $237.5 million, including approximately 260 gaming client locations; no employee headcount disclosed. | |||
| 2015-08-31 | acquisition_addition | completed | 2015-08-03 | 2015-08-03 | Philippines | Asia-Pacific | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contributed 49% interest in GP Philippines plus $3.6 million cash for BPI's merchant acquiring business (total consideration $33.0 million); Company retained 51% controlling interest; no employee headcount disclosed. | |||
| 2015-08-31 | acquisition_addition | announced | 2015-07-27 | Czech Republic; Slovak Republic; Romania | Europe | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement with CaixaBank and Erste Group to form a merchant acquiring venture; expected to close in second half of fiscal 2016 subject to regulatory approvals; no employee headcount disclosed. | ||||
| 2015-08-31 | acquisition_addition | completed | 2015-06-01 | North America | Gaming | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired FIS Gaming Business including approximately 260 gaming client locations. Headcount not disclosed. | ||||
| 2015-08-31 | acquisition_addition | completed | 2015-08-03 | Philippines | Merchant Acquiring | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired merchant acquiring business of Bank of the Philippine Islands (BPI). Headcount not disclosed. | ||||
| 2015-08-31 | acquisition_addition | announced | 2015-07-27 | 2016-05-31 | Czech Republic, Slovak Republic, Romania | Merchant Acquiring | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced agreement to form venture with CaixaBank and Erste Group to acquire merchant acquiring businesses. Expected to close in second half of fiscal 2016. Headcount not disclosed. | |||
| 2015-05-31 | acquisition_addition | completed | 2014-09-15 | 2014-10-10 | Australia, New Zealand | International merchant services | USD 266 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price AUD302.6 million ($266.0 million); headcount added not disclosed. Announcement date reflects sale and purchase agreement dated September 15, 2014. | ||
| 2015-05-31 | acquisition_addition | completed | 2015-03-25 | 2015-03-25 | Ireland | International merchant services | USD 119 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 95% of Pay and Shop Limited acquired for €110.2 million ($118.9 million); headcount added not disclosed. | ||
| 2015-05-31 | divestiture_reduction | completed | Russian Federation | International merchant services | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of a component of the Russia business leasing ATMs; $10.4 million proceeds and $2.9 million gain recorded in fiscal 2015. Headcount removed not disclosed. | |||||
| 2015-05-31 | restructuring | completed | 2015-05-31 | not specified | not specified | USD 6 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employee termination costs of $6.3 million pre-tax recorded in the quarter ended May 31, 2015; number of employees affected not disclosed. No separate restructuring footnote in this filing. | |||
| 2015-05-31 | acquisition_addition | announced | 2014-12-17 | 2016-03-31 | Philippines | International merchant services | USD 4 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | BPI to contribute merchant acquiring business to GP Philippines for 49% interest plus $3.6 million cash; GPN retains 51%. Expected to close late in Q1 fiscal 2016; headcount not disclosed. | ||
| 2015-05-31 | acquisition_addition | completed | 2014-09-30 | 2015-06-01 | United States | North America merchant services — Gaming | USD 238 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of FIS Gaming Business (~260 gaming client locations) completed June 1, 2015, after fiscal year-end; headcount added not disclosed. | ||
| 2015-05-31 | acquisition_addition | announced | 2015-07-27 | 2016-11-30 | Czech Republic, Slovak Republic, Romania | International merchant services | USD 33 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced July 27, 2015, after fiscal year-end; GPN/CaixaBank entity to acquire 51% of Erste Group merchant acquiring businesses for €30 million ($33 million). Expected to close in second half of fiscal 2016; headcount not disclosed. | ||
| 2014-08-31 | acquisition_addition | announced | 2014-09-15 | Australia, New Zealand | International merchant services | AUD 305 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash purchase of Ezi Holdings Pty Ltd; closing expected in Q2 fiscal 2015. No employee count disclosed. Purchase price shown as other (acquisition consideration, not a charge). | |||
| 2014-08-31 | acquisition_addition | announced | 2014-09-30 | United States | North America merchant services (gaming vertical) | USD 237 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset purchase agreement with Certegy Check Services (FIS) covering 260 gaming client locations; closing expected in Q4 fiscal 2015 subject to regulatory approvals. No employee count disclosed. Purchase price shown as other (acquisition consideration, not a charge). | |||
| 2014-05-31 | acquisition_addition | completed | 2014-01-23 | 2014-03-04 | United States | North America merchant services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Payment Processing, Inc. (PayPros) for $420.0 million cash plus $7.7 million for working capital, closed March 4, 2014; headcount added not disclosed. Merger agreement dated January 23, 2014. | |||
| 2014-05-31 | divestiture_reduction | completed | 2013-09-30 | 2013-09-30 | Brazil | International merchant services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CaixaBank purchased 50% of Global Payments Brazil, forming a joint venture; the operation was deconsolidated and accounted for under the equity method. Filer states results and balance sheet impact were not material; headcount not disclosed. | |||
| 2014-02-28 | acquisition_addition | announced | 2014-03-04 | United States | North America merchant services | USD 420 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of PayPros completed March 4, 2014 for $420 million. PayPros serves 58,000 merchants; specific employee headcount added was not disclosed. | |||
| 2013-05-31 | acquisition_addition | completed | 2012-10-01 | 2012-10-01 | United States | North America merchant services | USD 413 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of APT for $413.0 million less working capital; no headcount added disclosed. Prior to acquisition, most APT merchants were already processed by the company via an ISO relationship. | ||
| 2013-05-31 | acquisition_addition | completed | 2012-12-12 | 2012-12-12 | Spain | International merchant services | USD 23 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Comercia acquired the merchant acquiring business of Banca Civica from CaixaBank for EUR 17.5 million ($22.9 million); no headcount added disclosed. | ||
| 2013-05-31 | acquisition_addition | completed | 2012-12-01 | 2012-12-01 | Asia-Pacific | International merchant services | USD 242 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of HSBC Asia's 44% interest in Global Payments Asia-Pacific for $242.0 million, treated as an equity transaction; GPAP was already consolidated, so no incremental headcount disclosed. | ||
| 2012-11-30 | acquisition_addition | completed | 2012-10-01 | United States | North America Merchant Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Accelerated Payment Technologies for $413.0 million less working capital; no employee headcount disclosed for the acquired business. | ||||
| 2012-11-30 | acquisition_addition | completed | 2012-12-12 | Spain | International Merchant Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Comercia Global Payments acquired the merchant acquiring business of Banca Civica for EUR 17.5 million ($22.7 million); no employee headcount disclosed. | ||||
| 2012-05-31 | other | completed | United States | Corporate | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes part of the fiscal 2012 SG&A and corporate cost increases to employee termination costs; no headcount, charge amount, or program timeline is quantified. The $84.4 million processing system intrusion charge is disclosed separately and is not a workforce action. | |||||
| 2012-05-31 | acquisition_addition | completed | 2011-12-05 | 2011-12-05 | Russian Federation | International Merchant Services | USD 14 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Alfa-Bank's merchant acquiring business for $14.1 million cash; acquired headcount not disclosed. Charge value shown is purchase price, not a workforce charge. | ||
| 2012-05-31 | acquisition_addition | completed | 2011-12-30 | 2011-12-30 | Malta | International Merchant Services | USD 15 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of a merchant acquiring business in Malta for $14.5 million cash; acquired headcount not disclosed. Charge value shown is purchase price, not a workforce charge. | ||
| 2012-05-31 | acquisition_addition | completed | 2012-01-31 | 2012-01-31 | United States | North America Merchant Services | USD 15 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of a U.S. merchant portfolio from Visa for $14.9 million; portfolio purchase with no disclosed employee headcount. Charge value shown is purchase price, not a workforce charge. | ||
| 2012-05-31 | acquisition_addition | completed | 2011-12-05 | Russia | International Merchant Services | USD 14 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Alfa-Bank's merchant acquiring business. Headcount not disclosed. | |||
| 2012-05-31 | acquisition_addition | completed | 2011-12-30 | Malta | International Merchant Services | USD 15 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired a merchant acquiring business in Malta. Headcount not disclosed. | |||
| 2012-05-31 | acquisition_addition | completed | 2012-01-31 | United States | North America Merchant Services | USD 15 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired a U.S. e-commerce portfolio. Headcount not disclosed. | |||
| 2012-05-31 | restructuring | completed | United States | Corporate | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes part of the fiscal 2012 SG&A increase to employee termination costs; no headcount, charge amount, or timing disclosed. Corporate cost discussion also cites termination costs. | |||||
| 2012-05-31 | acquisition_addition | completed | 2011-12-05 | 2011-12-05 | Russian Federation | International Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Alfa-Bank's merchant acquiring business for $14.1 million cash; acquired headcount not disclosed. | |||
| 2012-05-31 | acquisition_addition | completed | 2011-12-30 | 2011-12-30 | Malta | International Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired merchant acquiring business in Malta for $14.5 million cash; acquired headcount not disclosed. | |||
| 2012-05-31 | acquisition_addition | completed | 2012-01-31 | 2012-01-31 | United States | North America Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired U.S. merchant portfolio from Visa for $14.9 million; portfolio purchase with no disclosed employee additions. | |||
| 2011-11-30 | acquisition_addition | in_progress | 2011-10-02 | 2012-05-31 | Russia | International Merchant Services | USD 7 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | UCS agreed to acquire Alfa-Bank's merchant acquiring business; $7.0M paid 2011-10-21 to mitigate merchant attrition risk. Balance of purchase price payable in Q3 FY2012 based on merchant retention. No employee count disclosed. | ||
| 2011-11-30 | acquisition_addition | announced | 2011-12-30 | 2011-12-30 | Malta | International Merchant Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a merchant acquiring business from HSBC Malta after quarter end; purchase price allocation pending intangible valuation. No employee count disclosed. | |||
| 2011-11-30 | acquisition_addition | announced | 2012-01-05 | 2012-05-31 | United States | North America Merchant Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement signed to acquire the U.S. merchant portfolio of CyberSource from Visa; expected to close in Q3 FY2012. Combined purchase price for the three disclosed transactions approximates $45 million. No employee count disclosed. | |||
| 2011-05-31 | acquisition_addition | completed | 2010-12-20 | 2010-12-20 | Spain | International Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 51% controlling interest in Comercia Global Payments; headcount added not disclosed; $1.0M acquisition costs expensed in SG&A | |||
| 2010-11-30 | other | completed | Philippines | Corporate / Global Service Center | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing mentions 'employee termination benefits' and 'relocation benefits' related to a new Global Service Center in Manila, Philippines. No specific headcount or charge amount is disclosed. | |||||
| 2010-08-31 | restructuring | completed | Manila, Philippines | Corporate / Global Service Center | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Corporate costs increased due to 'employee termination benefits, relocation benefits and expenses related to a new Global Service Center in Manila Philippines' and 'restructuring costs incurred to relocate operations'. Specific headcount affected is not disclosed. | |||||
| 2010-05-31 | acquisition_addition | completed | 2009-06-12 | 2009-06-12 | United Kingdom | International Merchant Services | USD 308 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of the remaining 49% of HSBC Merchant Services LLP for $307.7 million cash; recorded as an equity transaction reducing redeemable noncontrolling interest. Headcount added not disclosed. | ||
| 2010-05-31 | acquisition_addition | completed | 2009-09-28 | 2009-09-28 | United States | North America Merchant Services | USD 22 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Auctionpay, Inc. (now Greater Giving), a payment processing and software provider for fundraising, for $22.0 million cash. Headcount added not disclosed. | ||
| 2010-05-31 | acquisition_addition | completed | 2010-04-21 | 2010-04-21 | United States | North America Merchant Services | USD 12 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Asset purchase of HealthCard Systems and NationalCard Processing Systems for $11.7 million to expand the North America merchant services portfolio. Headcount added not disclosed. | ||
| 2010-05-31 | divestiture_reduction | completed | 2010-05-26 | 2010-05-26 | United States; Spain | Money Transfer (discontinued operations) | USD 25 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of DolEx and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners for $85.0 million, with an estimated pre-tax loss on disposal of $24.6 million. Headcount removed not disclosed. | ||
| 2009-11-30 | divestiture_reduction | announced | 2009-11-18 | 2010-05-31 | Global | Money Transfer segment | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement signed to sell the wholly-owned money transfer business to an affiliate of Palladium Equity Partners for $85-110 million; expected to close before end of fiscal 2010. No employee count disclosed. | |||
| 2009-11-30 | acquisition_addition | completed | 2009-09-28 | 2009-09-28 | United States | North America merchant services (direct acquiring vertical market) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Auctionpay, Inc. for $22.0 million cash completed September 28, 2009; no headcount added disclosed. | |||
| 2009-08-31 | plant_closure | completed | United States, United Kingdom, Belgium | Money Transfer | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Branch footprint fell to 781 at 2009-08-31 from 870 a year earlier and 818 sequentially, driven by closures of underperforming locations and sale of some UK and Belgium branches. No employee count or charge disclosed. | |||||
| 2009-08-31 | acquisition_addition | completed | 2009-09-22 | 2009-09-28 | United States | North America Merchant Services | USD 22 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a U.S. provider of integrated payment processing and software for fundraising for $22 million cash; no headcount disclosed. | ||
| 2009-05-31 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | United Kingdom | International Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 51% interest in HSBC Merchant Services LLP for $438.6 million cash; acquired headcount not disclosed. | |||
| 2009-05-31 | acquisition_addition | completed | 2008-09-04 | 2008-09-04 | Philippines | International Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | GPAP acquired 56% of Global Payments Asia-Pacific Philippines for $10.9 million; acquired headcount not disclosed. | |||
| 2009-05-31 | acquisition_addition | completed | 2009-04-30 | 2009-04-30 | Russian Federation | International Merchant Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding stock of ZAO United Card Service for $75.0 million cash; acquired headcount not disclosed. | |||
| 2009-05-31 | plant_closure | in_progress | United States | Money Transfer | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | US money transfer branch footprint reduced from 793 at May 31, 2008 to 741 at May 31, 2009 through closure of underperforming locations; associated employee reductions not quantified. | |||||
| 2009-05-31 | plant_closure | in_progress | Europe | Money Transfer | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | European money transfer branch footprint reduced from 90 at May 31, 2008 to 77 at May 31, 2009 via sale of Belgium branches and closures; associated employee reductions not quantified. | |||||
| 2009-05-31 | restructuring | completed | 2007-02-28 | 2008-08-31 | United States | Corporate | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Plans committed in Q4 FY2007 to close two locations and consolidate functions. Completed in Q2 FY2008. Charge of $1.3 million recorded in FY2008. | ||
| 2009-05-31 | plant_closure | completed | United States | Money Transfer | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Domestic branch footprint decreased to 741 from 793. Closure of underperforming locations. | |||||
| 2009-05-31 | plant_closure | completed | Europe | Money Transfer | MD&A f5-10k / Qwen3.6-27B-Q8_0 | European branch footprint decreased to 77 from 90. Sale of Belgium branches and branch closures. | |||||
| 2009-02-28 | plant_closure | in_progress | United States | Money Transfer | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Continuing closure of unprofitable money transfer branches; domestic footprint fell by a net 20 locations during the quarter (to 756 at quarter-end), reflecting closures of underperforming locations partly offset by new openings. No employee counts or charges disclosed. | |||||
| 2009-02-28 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | United Kingdom | International Merchant Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 51% of HSBC Merchant Services LLP for $438.6 million; HSBC UK contributed its UK merchant acquiring business and a ten-year marketing alliance. Headcount added through the acquisition is not disclosed. | |||
| 2009-02-28 | restructuring | completed | 2007-10-01 | 2008-11-30 | Global | Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Staff reduction and facility closure costs related to closing two locations and consolidating functions. Completed in Q3 FY2008. | ||
| 2009-02-28 | plant_closure | in_progress | United States | Money Transfer | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of underperforming money transfer branch locations. US branch footprint decreased to 756 as of Feb 28, 2009, from 825 as of Feb 28, 2008. | |||||
| 2008-11-30 | acquisition_addition | completed | 2008-06-30 | United Kingdom | International Merchant Services | USD 442 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 51% interest for $438.6M cash plus $3.0M direct costs; HSBC UK contributed its UK merchant acquiring business. No employee headcount disclosed for the acquired business. | |||
| 2008-11-30 | acquisition_addition | completed | 2008-09-04 | Philippines | International Merchant Services | USD 11 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | GPAP acquired HSBC Asia's Philippines merchant acquiring business; effective purchase price of our 56% share was $10.9M. No headcount disclosed. | |||
| 2008-11-30 | plant_closure | in_progress | United States | Money Transfer | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Domestic money transfer branch footprint reduced to 776 branches from 879 a year earlier and down 4 sequentially, driven by closure of underperforming locations partly offset by new branch acquisitions. No associated workforce reduction quantified. | |||||
| 2008-11-30 | restructuring | completed | 2007-10-01 | 2008-08-31 | Global | Corporate / Operations | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plans committed in Q4 FY2007 to close two locations and consolidate functions. Completed in Q2 FY2008. Charge of $0.3M recorded in Q2 FY2008 (3 months ended Nov 30, 2008). Total YTD charge was $1.3M. | ||
| 2008-08-31 | acquisition_addition | completed | 2008-06-17 | 2008-06-30 | United Kingdom | International Merchant Services | USD 442 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 51% interest in HSBC Merchant Services LLP for $441.5M purchase price; headcount added not disclosed. | ||
| 2008-08-31 | acquisition_addition | announced | 2008-09-04 | 2008-09-04 | Philippines | International Merchant Services | USD 20 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | GPAP acquired Global Payments Asia-Pacific Philippines Incorporated; company share of purchase price $11.2M. Headcount added not disclosed. | ||
| 2008-08-31 | acquisition_addition | announced | 2008-09-09 | Russian Federation | International Merchant Services | USD 120 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire ZAO United Card Service for $120M cash; subject to regulatory and noteholders' approval. Headcount added not disclosed. | |||
| 2008-08-31 | divestiture_reduction | completed | Russia | Other | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold 20% interest in Global Payments Credit Services to Equifax for $3.0M; ownership reduced from 50% to 30%. Headcount impact not disclosed. | ||||
| 2008-08-31 | plant_closure | in_progress | United States | Money Transfer | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Domestic branch footprint reduced to 780 as of 2008-08-31 from 898 a year earlier and down 13 sequentially, driven by closure of underperforming locations. Associated employee reductions not quantified. | |||||
| 2008-08-31 | restructuring | completed | 2007-04-30 | 2007-11-30 | United States | Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close two locations and consolidate functions; completed as of 2007-11-30. One-time employee termination benefits liability of $119K remained at 2008-08-31. Number of employees affected not disclosed. | |||
| 2008-08-31 | restructuring | completed | 2007-11-01 | 2007-11-30 | Global | Corporate / Operations | USD 0 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plans to close two locations and consolidate functions were completed as of Nov 30, 2007. No additional charges expected in fiscal 2009. $55k paid in Q1 2009 against prior accruals. | ||
| 2008-05-31 | restructuring | completed | 2007-03-01 | 2007-11-30 | United States | Technical support and operations (corporate facilities) | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program committed in fiscal 2007 fourth quarter (MD&A cites a March 2007 decision) to close two locations, including consolidating the St. Louis, Missouri technical support center into the Owings Mills, Maryland operations center. Charge shown is the fiscal 2008 portion ($1,317 thousand); a further $3,088 thousand was recorded in fiscal 2007 (prior year, not extracted). Completed during the second quarter of fiscal 2008. Employees affected not disclosed. | ||
| 2008-05-31 | acquisition_addition | completed | United States; Spain | Merchant services; Money transfer | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2008 acquisitions: a Discover merchant portfolio and Discover processing rights (various dates), LFS Spain (Euroenvios entities, acquired 2008-04-15), and a series of U.S. money transfer branch locations (various dates); net assets acquired of $16,594 thousand. Headcount added through these acquisitions not disclosed. | |||||
| 2008-05-31 | plant_closure | completed | United States | Money transfer | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ongoing closure of underperforming domestic money transfer branches, partially offset by branch acquisitions and new openings; MD&A cites lease termination fees and fixed asset write-offs. Domestic branch footprint stated as 793 at May 31, 2008 versus 875 at May 31, 2007. Number of branches closed and employees affected not disclosed. | |||||
| 2008-05-31 | acquisition_addition | completed | 2008-06-17 | 2008-06-30 | United Kingdom | Merchant services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-fiscal-year-end event: agreement signed 2008-06-17 and closed 2008-06-30 to acquire 51% of HSBC Merchant Services LLP for $439 million cash; results consolidated from the closing date. HSBC UK retained 49% and holds a put option exercisable from June 2013 (estimated maximum redemption $421.4 million). Headcount added not disclosed; funded partly by a new five-year $200 million term loan entered 2008-06-23. | |||
| 2008-05-31 | restructuring | completed | 2007-03-01 | 2008-02-29 | United States | Technical Support / Operations | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Consolidation of St. Louis technical support center into Owings Mills operations center. Completed in Q2 FY2008. Charges relate to employee termination benefits, fixed asset abandonment, and facility closure costs. Employee count not explicitly disclosed. | ||
| 2008-02-29 | restructuring | completed | 2007-11-30 | Not specified | Corporate / operations — facility consolidation | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Committed in Q4 fiscal 2007 to close two locations and consolidate functions; $1.3M one-time employee termination benefits accrued in fiscal 2008, $2.7M paid, $0.4M liability remaining at 2008-02-29. No employee count disclosed. Completed as of 2007-11-30; no further fiscal 2008 charges expected. | |||
| 2008-02-29 | plant_closure | completed | 2008-02-29 | United States | Money transfer | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Domestic branch footprint fell by 54 locations sequentially to 825 at 2008-02-29 (from 860 at 2007-02-28), reflecting closure of underperforming locations partly offset by branch acquisitions; net change, not gross closures. Closure costs included lease termination fees and fixed asset write-offs. No headcount disclosed. | ||||
| 2008-02-29 | acquisition_addition | completed | United States | Money transfer | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a series of money transfer branch locations to expand the DolEx offering during the nine months ended 2008-02-29; no headcount added disclosed. | |||||
| 2008-02-29 | acquisition_addition | completed | United States | Merchant services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a portfolio of merchants processing Discover transactions plus rights to process Discover for existing and new merchants; no headcount added disclosed. | |||||
| 2008-02-29 | restructuring | completed | 2007-10-01 | 2007-11-30 | Global | Corporate / Operations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plans to close two locations and consolidate functions committed in Q4 FY2007. Completed Nov 30, 2007. Charges primarily for employee termination benefits. | ||
| 2007-11-30 | restructuring | completed | 2007 | 2007-11-30 | United States | Corporate / operations facilities | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Committed in Q4 fiscal 2007 to close two locations and consolidate functions; completed by 2007-11-30. Charge of $1.3M accrued in the six months then ended ($0.3M in the quarter); severance liability of $1.0M remained at quarter-end. No employee count disclosed. No further restructuring charges expected in fiscal 2008 for this program. | ||
| 2007-11-30 | acquisition_addition | completed | United States | Money transfer | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a series of U.S. money transfer branch locations during the six months ended 2007-11-30 to expand the DolEx brand; no headcount added disclosed. | |||||
| 2007-11-30 | acquisition_addition | completed | United States | Merchant services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a portfolio of Discover-transaction merchants during the six months ended 2007-11-30; purchase price allocation incomplete at quarter-end and no headcount added disclosed. | |||||
| 2007-11-30 | restructuring | completed | 2007-02-28 | 2007-11-30 | Global | Corporate / Operations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plans committed in Q4 FY2007 to close two locations and consolidate functions. Completed as of Nov 30, 2007. Charges include $1.3M employee termination benefits and $0 contract termination costs for the six months ended Nov 30, 2007. Employee count not disclosed. | ||
| 2007-08-31 | restructuring | in_progress | 2007-05-31 | 2007-11-30 | Not specified | Corporate / operations — facility consolidation | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Committed in Q4 fiscal 2007 to close two locations and consolidate functions; $1.0M charged in Q1 FY2008, up to $0.7M additional expected in Q2 FY2008. No employee count disclosed; charges cover staff reduction and facility closure costs. | ||
| 2007-08-31 | acquisition_addition | completed | United States | Money transfer (DolEx) | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a series of money transfer branch locations in the U.S. during the quarter to expand DolEx market presence; purchase price $2.625M allocated to goodwill, non-compete, and customer-related intangibles. No headcount added disclosed. | ||||
| 2007-08-31 | restructuring | in_progress | 2007-02-28 | 2008-02-29 | United States | Corporate / Operations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced in Q4 FY2007 to close two locations and consolidate functions. Q1 FY2008 charges of $1.0M primarily for employee termination benefits. Expected completion in Q2 FY2008. | ||
| 2007-05-31 | plant_closure | in_progress | 2007-03 | 2007-11-30 | United States (St. Louis, Missouri into Owings Mills, Maryland) | Technical support / operations | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation of St. Louis technical support center into Owings Mills operations center; involves staff reduction, fixed asset abandonment and facility closure costs. Expected completion during second quarter of fiscal 2008. Charge not separately disclosed; part of combined $3.1M fiscal 2007 restructuring and other charges (of which $1.9M was one-time employee termination benefits accrued in fiscal 2007), with $1.7M estimated fiscal 2008 charges and $4.8M estimated total program cost. | |||
| 2007-05-31 | plant_closure | completed | 2007-03 | 2007-05-31 | United States (Denver, Colorado into Niles, Illinois) | Check services operations | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation of Denver operations facility into Niles, Illinois facility to improve check service efficiency; involved staff reduction and facility closure costs, completed during fourth quarter of fiscal 2007. Charge not separately disclosed; part of combined $3.1M fiscal 2007 restructuring and other charges. | |||
| 2007-05-31 | acquisition_addition | completed | 2006-07-24 | 2006-07-24 | Asia-Pacific (Brunei, China, Hong Kong, India, Macau, Malaysia, Maldives, Singapore, Sri Lanka, Taiwan) | Merchant services | USD 69 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of 56% ownership interest in HSBC's merchant acquiring business; total purchase price $68.6M ($67.2M initial plus $1.4M additional paid in fiscal 2007). Headcount added not disclosed. HSBC continues to perform payment processing operations under a transition services agreement until integration, expected completed in 2010. | ||
| 2007-05-31 | acquisition_addition | completed | 2006-11-14 | 2006-11-14 | Bosnia and Herzegovina (Sarajevo) | Merchant services (indirect payment processing) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of assets of Diginet d.o.o., an indirect point-of-sale and ATM payment processor, to extend Global Payments Europe's presence into the Balkan region. Headcount added not disclosed; included within combined fiscal 2007 acquisition consideration of $81.3M net of cash acquired. | |||
| 2007-05-31 | acquisition_addition | completed | 2006-06-01 | 2007-05-31 | United States | Money transfer (DolEx) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Series of money transfer branch location acquisitions completed at various dates during fiscal 2007 to expand the DolEx-branded offering; headcount added not disclosed. Combined with HSBC and Diginet, total fiscal 2007 business acquisition activity was $81.3M net of cash acquired. | |||
| 2007-05-31 | restructuring | in_progress | 2007-03 | 2008-02-29 | United States | Technical Support / Operations | USD 3 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Consolidation of St. Louis technical support center into Owings Mills, MD and Denver operations facility into Niles, IL. Expected to result in staff reduction. Completed in Q2 FY2008. | ||
| 2007-02-28 | restructuring | announced | 2007-03 | 2007-10-31 | United States | Technical support center operations (St. Louis, Missouri consolidated into Owings Mills, Maryland) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made March 2007; involves staff reduction, fixed asset abandonment and facility closure costs. Completion stated as Q2 fiscal 2008 (date shown is end of that quarter). No employee count disclosed; part of an approximately $5 million combined charge estimate shared with the Denver consolidation. | |||
| 2007-02-28 | restructuring | announced | 2007-03 | 2007-05-31 | United States | Operations facility (Denver, Colorado consolidated into Niles, Illinois; check service offering) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made March 2007; involves staff reduction and facility closure costs. Completion stated as Q4 fiscal 2007 (date shown is end of that quarter). No employee count disclosed; part of an approximately $5 million combined charge estimate shared with the St. Louis consolidation, expected to be recorded in Q4 fiscal 2007 and H1 fiscal 2008. | |||
| 2007-02-28 | restructuring | announced | 2007-03-01 | 2008-05-31 | United States | Technical Support / Operations | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of St. Louis technical support center into Owings Mills, MD and Denver operations facility into Niles, IL. Expected to result in staff reduction, fixed asset abandonment, and facility closure costs. Completion expected in Q2 FY2008 and Q4 FY2007 respectively. | ||
| 2006-11-30 | acquisition_addition | completed | 2006-07-24 | 2006-07-24 | Asia-Pacific (Brunei, China, Hong Kong, India, Macau, Malaysia, Maldives, Singapore, Sri Lanka, Taiwan) | Merchant services | USD 69 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of 56% ownership interest in HSBC merchant acquiring business; no employee headcount disclosed. Transition services agreement runs until integration expected in 2010. | ||
| 2006-11-30 | acquisition_addition | completed | 2006-11-14 | 2006-11-14 | Bosnia and Herzegovina | Merchant services (Global Payments Europe) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of assets of Diginet d.o.o., an indirect payment processor for point-of-sale and ATM transactions; no employee headcount disclosed. | |||
| 2006-11-30 | acquisition_addition | completed | United States | Money transfer (DolEx) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Series of money transfer branch location acquisitions during the six months ended November 30, 2006; no employee headcount or specific dates disclosed. | |||||
| 2006-11-30 | restructuring | completed | 2005-10-01 | 2005-11-30 | United States | Corporate / Operations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan committed in Q4 FY2005 to close one location and consolidate functions. Completed Nov 30, 2005. $0.7M employee termination benefits recorded in Q2 FY2006. Employee count not disclosed. | ||
| 2006-11-30 | restructuring | completed | 2005-10-01 | 2005-11-30 | United States | Corporate / Operations | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Contract termination costs related to facility closure. Recorded in Q2 FY2006. | ||
| 2006-11-30 | acquisition_addition | completed | 2006-07-24 | 2006-07-24 | Asia-Pacific | Merchant Services | USD 69 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 56% ownership in HSBC merchant acquiring business. Headcount not disclosed. | ||
| 2006-11-30 | acquisition_addition | completed | 2006-11-14 | 2006-11-14 | Bosnia and Herzegovina | Merchant Services | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired assets of Diginet d.o.o. Headcount not disclosed. | |||
| 2006-11-30 | acquisition_addition | completed | 2006-06-01 | 2006-11-30 | United States | Money Transfer | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired series of money transfer branch locations. Headcount not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-07-24 | 2006-07-24 | Asia-Pacific (Brunei, China, Hong Kong, India, Macau, Malaysia, Maldives, Singapore, Sri Lanka, Taiwan) | Merchant Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of 56% interest in HSBC's merchant acquiring business for $67.2 million cash; no employee count disclosed. HSBC continues performing operations under a transitional services agreement for up to four years, so workforce may not yet have transferred. | |||
| 2006-08-31 | plant_closure | completed | Money Transfer | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | In response to a landlord entering the money transfer industry, the company closed certain branch locations and reopened nearby; duplicate costs incurred. No headcount or branch counts disclosed. | ||||||
| 2006-08-31 | restructuring | completed | 2005-11-30 | United States | Corporate / Operations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan approved in Q4 FY2005 to close one location and consolidate functions. Completed Nov 30, 2005. $0.9M charge for employee termination benefits recorded in Q1 FY2006 (Aug 31, 2005). Employee count not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-07-24 | Asia-Pacific | Merchant Services | USD 67 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 56% interest in HSBC merchant acquiring business in Asia-Pacific on July 24, 2006. Headcount added not disclosed. | |||
| 2006-05-31 | restructuring | completed | 2005-05-31 | 2005-11-30 | United States | Operations / facilities | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan committed in Q4 fiscal 2005 to close a location and consolidate functions; $1.9M accrued in fiscal 2006 (severance and contract termination/facility closure costs). Plans completed by Q3 fiscal 2006; MD&A states fiscal 2005 restructuring plans completed November 30, 2005. No employee count disclosed. | ||
| 2006-05-31 | acquisition_addition | completed | 2005-09-13 | 2006-01-31 | United States | Money transfer | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Series of DolEx-branded money transfer branch locations acquired from Remesas Costamar, Inc. between September 2005 and January 2006 for $3.2M total consideration; acquired headcount not disclosed. | ||
| 2006-05-31 | restructuring | completed | 2005-11-30 | 2006-08-31 | United States | Corporate / Operations | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Plans committed to in Q4 FY2005 to close a location and consolidate functions. Completed by Q3 FY2006. Charges of $1.9 million recorded in FY2006 for severance and facility closure costs. | ||
| 2006-02-28 | restructuring | completed | 2005-05-31 | 2005-11-30 | United States | Operations / corporate functions | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan committed in Q4 fiscal 2005 to close one location and consolidate functions; involved management/staff reductions, contract termination, and facility closure costs. Completed 2005-11-30; $1.9M accrued in nine months ended 2006-02-28. No employee count disclosed. | ||
| 2006-02-28 | restructuring | completed | 2005-11-30 | 2005-11-30 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan to close one location and consolidate functions; incurred $1.9 million in expenses for employee termination benefits and contract termination costs. Completed November 30, 2005. | ||||
| 2005-11-30 | restructuring | completed | 2005-11-30 | Operations and corporate functions | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan committed in Q4 fiscal 2005 (exact announcement date not disclosed): close one location, consolidate functions, with management/staff reductions, contract termination and facility closure costs. Six-month fiscal 2006 charge of $1.9M ($1.0M in the quarter); restructuring liability of $1.4M at 2005-11-30, substantially all expected to be paid in the quarter ending 2006-02-28. No employee count disclosed. | ||||
| 2005-11-30 | restructuring | completed | 2005-08-31 | 2005-11-30 | Global | Management and staff | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced in Q4 FY2005 to close one location and consolidate functions. Includes management/staff reductions and contract termination costs. Completed Nov 30, 2005. | ||
| 2005-08-31 | restructuring | in_progress | 2005-04-30 | 2005-11-30 | United States | Operations / corporate functions | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan committed in Q4 fiscal 2005 to close one location and consolidate functions; includes management and staff reductions. $0.9M incurred in Q1 FY2006; approximately $2M additional expected. No employee count disclosed. | ||
| 2005-08-31 | restructuring | in_progress | 2005-05-31 | 2005-11-30 | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced in Q4 FY2005 to close one location and consolidate functions. Includes management and staff reductions. $0.9M incurred in Q1 FY2006; approx $2M additional expected. | ||||
| 2005-05-31 | restructuring | in_progress | 2006-08-31 | United States | Operations and administrative functions | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Committed during Q4 fiscal 2005 (exact announcement date not disclosed) to close one location and consolidate functions; includes management/staff reductions. $0.8M charge recorded in FY2005, partially offset by a $0.4M reversal of prior-plan items; approximately $3.0M expected in FY2006 (total program estimate $6.7M). Completion targeted by Q3 fiscal 2006. | |||
| 2005-05-31 | other | completed | United States | Executive management | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Termination of an executive officer under his employment agreement; charge includes $2.7M for accelerated stock options. Recorded within FY2005 restructuring and other charges. | ||||
| 2005-05-31 | acquisition_addition | completed | 2004-12-21 | 2004-12-21 | Spain, Belgium, United Kingdom | Money transfer | USD 21 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash consideration of EUR 15.5 million (~$20.8M) for four related money-transfer entities, operated through DolEx Dollar Express Europe; results consolidated from December 22, 2004. Headcount added not disclosed. | ||
| 2005-05-31 | acquisition_addition | completed | 2004-06-30 | 2004-06-30 | United States | Merchant services (gaming — Cash & Win) | USD 8 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 49% interest in the Cash & Win product line from Comerica Bank; 100% of net income consolidated from July 1, 2004. Headcount added not disclosed. | ||
| 2005-05-31 | restructuring | in_progress | 2005-02-28 | 2006-05-31 | United States | Corporate / Operations | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter fiscal 2005 plan to close a location and consolidate functions. Charge of $0.8 million recorded in fiscal 2005. Expected to incur approximately $3.0 million in fiscal 2006. Completion expected by third quarter of fiscal 2006. | ||
| 2005-05-31 | other | completed | 2005-02-28 | 2005-02-28 | United States | Executive Management | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Termination of an executive officer. Charge of $3.3 million, including $2.7 million related to acceleration of options. | ||
| 2005-02-28 | acquisition_addition | completed | 2004-12-21 | Europe (Spain, Belgium, United Kingdom) | Money transfer | USD 21 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price approximately EUR 15.5 million; 26 retail branches and settlement network of about 1,000 locations. No employee headcount disclosed. | |||
| 2005-02-28 | acquisition_addition | completed | 2004-06-30 | United States | Merchant services (gaming — Cash & Win product) | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Comerica Bank's 49% interest in the Cash & Win product; no employee headcount disclosed. | |||
| 2005-02-28 | restructuring | completed | 2002-12-31 | 2004-08-31 | United States | General | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2003 restructuring plan to close three locations and consolidate functions. Completed in Q4 FY2004. Total costs incurred were $10.9 million. No charges in current period. | ||
| 2004-11-30 | restructuring | completed | United States | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2003 program to close three locations and consolidate functions; committed in Q4 fiscal 2003, executed from April 2003, completed in Q4 fiscal 2004. Total program cost $10.9 million; no charges in the current quarter or YTD period. Remaining severance-related liability at 2004-11-30 was $651 thousand ($3,601 thousand of costs paid during the six months). Number of employees affected was not disclosed. | ||||||
| 2004-11-30 | restructuring | completed | 2002-12-31 | 2004-08-31 | Global | Various | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2003 restructuring plan to close three locations and consolidate functions. Completed in Q4 FY2004. No charges incurred in current period. | ||
| 2004-08-31 | restructuring | completed | 2004-05-31 | United States | Operations (three facilities closed and consolidated) | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2003 program (three location closures, total cost $10.9M) completed in fiscal 2004; no new charges in Q1 FY2005. Value shown is cash paid against the accrual during the quarter (liability $4,252K at 5/31/04 to $3,226K at 8/31/04); employee counts not disclosed. | |||
| 2004-08-31 | acquisition_addition | completed | 2004-06-30 | United States | Merchant services — gaming (Cash & Win product) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Comerica Bank's 49% interest in the Cash & Win product for $7.8M cash on 6/30/2004; headcount added not disclosed. | ||||
| 2004-08-31 | restructuring | completed | 2002-12-31 | 2004-08-31 | United States | Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2003 restructuring plan completed in Q4 FY2004. Q1 FY2005 costs paid: $0.841M employee termination, $0.185M contract termination. No new charges incurred in Q1 FY2005. | ||
| 2004-05-31 | restructuring | completed | 2003-05-31 | 2004-05-31 | United States | Merchant Services (operations, terminal deployment, check operations) | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility closure and consolidation plan announced in Q4 fiscal 2003 (Cleveland, Winston-Salem, Salt Lake City), executed April 2003 and completed in Q4 fiscal 2004. FY2004 net restructuring charge of $9.6M; total program costs approximately $10.9M including one-time termination benefits of approximately $8.4M. Employee headcount affected not disclosed. | ||
| 2004-05-31 | restructuring | completed | 2004-02-29 | 2004-05-31 | United States | Executive management | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q4 fiscal 2004 restructuring cost for termination and position elimination of one executive officer; position consolidated under existing executive functions. Included within the $9.6M FY2004 restructuring charge. | ||
| 2004-05-31 | acquisition_addition | completed | 2003-11-12 | 2003-11-12 | United States, Mexico, Latin America | Money transfer (DolEx consumer-to-consumer money transfer) | USD 190 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition consideration of approximately $190.4M. DolEx operates hundreds of originating retail branch locations in the U.S.; headcount added not disclosed. | ||
| 2004-05-31 | acquisition_addition | completed | 250 | 2004-02-18 | 2004-05-14 | Czech Republic | Indirect payment processing (MUZO, a.s.) | USD 64 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | MUZO employs approximately 250 employees. Initial 52.6% stake acquired 2004-02-18 for $34.7M cash; tender offer completed 2004-05-14 for 46,576 additional shares (~$28.8M), bringing ownership to 98.3%. Net assets acquired $63.6M. | |
| 2004-05-31 | restructuring | completed | 2003-08-31 | 2004-05-31 | United States | Corporate Functions | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure and consolidation of three operating facilities into existing centers. Plan implemented in April 2003 and completed in Q4 FY2004. Includes $2.7M for termination of an executive officer. Total charges recognized in FY2004 were $9.6M. | ||
| 2004-05-31 | acquisition_addition | completed | 2003-11-12 | 2003-11-12 | United States, Mexico | Money Transfer | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Latin America Money Services, LLC (LAMS), including DolEx. DolEx operates hundreds of originating retail branches in the US. | |||
| 2004-05-31 | acquisition_addition | completed | 250 | 2004-02-18 | 2004-05-14 | Czech Republic | Merchant Services | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of MUZO, a.s. MUZO employs approximately 250 employees. | ||
| 2004-02-29 | restructuring | in_progress | 2004-05-31 | United States | Operations — merchant settlement, terminal deployment, and check operations | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan committed in fiscal 2003 Q4 (no specific announcement date given); closes three facilities (Cleveland settlement to Baltimore, Winston-Salem terminal deployment to Baltimore/St. Louis, Salt Lake City check operation to Niles, IL). Total expected charge $8.2M ($4.4M employee termination benefits, $3.2M contract termination, $0.6M other); $4.7M charged in the nine months ended 2004-02-29; $3.4M accrued at period end. Number of employees affected not disclosed. | |||
| 2004-02-29 | acquisition_addition | completed | 240 | 2004-02-18 | Czech Republic | Merchant services — payment processing | USD 35 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 52.6% of MUZO voting shares for $34.7M cash; acquired business described as having approximately 240 employees. Public tender offer for remaining shares expected by end of April 2004. | ||
| 2004-02-29 | acquisition_addition | completed | 2003-11-12 | United States and Latin America | Money transfer | USD 193 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consideration of approximately $193M ($62M cash net of acquired cash, $114M promissory notes repaid 2003-12-01, ~232,000 shares valued ~$8M). Headcount added through the acquisition not disclosed. | |||
| 2004-02-29 | restructuring | in_progress | 2003-10-01 | 2004-08-31 | Global | Various | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2003 plan to close three locations and consolidate functions. Total expected charge $8.2M. Cumulative charges incurred as of Feb 29, 2004 were $6.9M (gross) / $6.4M (net of reversal). Employee count not disclosed. | ||
| 2004-02-29 | acquisition_addition | completed | 240 | 2004-02-18 | 2004-02-18 | Czech Republic | Electronic Transaction Processing | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of MUZO, a.s. MUZO has approximately 240 employees. | ||
| 2003-11-30 | restructuring | in_progress | 2003-04-01 | 2004-05-31 | United States | Operations (Cleveland, Winston-Salem, Salt Lake City facilities) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close three locations and consolidate functions; includes ~$4.4M employee termination benefits and ~$3.2M contract termination costs. No employee headcount disclosed. | ||
| 2003-11-30 | acquisition_addition | completed | 2003-11-12 | 2003-11-12 | United States / Latin America | Money transfer (DolEx Dollar Express) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Latin America Money Services, LLC (DolEx) completed 2003-11-12 for ~$192M. No employee headcount disclosed in filing. | |||
| 2003-11-30 | other | announced | 2003-12-19 | 2004-03-31 | Czech Republic | Electronic transaction processing (MUZO, a.s.) | USD 35 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire 52.6% of MUZO for $34.7M cash; expected close Q1 calendar 2004. No headcount disclosed. | ||
| 2003-11-30 | restructuring | in_progress | 2003-02-28 | 2004-02-29 | Global | Various | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2003 restructuring plan to close three locations and consolidate functions. Charges incurred in Q2 FY2004 were $3.1 million. Employee count affected not disclosed. | ||
| 2003-11-30 | acquisition_addition | completed | 2003-11-12 | 2003-11-12 | United States, Mexico | Money Transfer | USD 192 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Latin America Money Services, LLC (LAMS) and subsidiaries DolEx and DolEx Envios. Headcount added not explicitly disclosed. | ||
| 2003-08-31 | restructuring | in_progress | 2004-05-31 | United States | Operations (merchant settlement, terminal deployment, check operations) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program committed in Q4 fiscal 2003 (quarter ended 2003-05-31) to close three locations: Cleveland settlement to Baltimore, Winston-Salem terminal deployment to Baltimore/St. Louis, Salt Lake City check operation to Niles, IL. Execution began April 2003; expected completion Q4 fiscal 2004. Cumulative charges incurred through 2003-08-31 were $3.237M ($1.580M in current quarter); $2.3M remained accrued. No employee headcount affected is disclosed; severance component of total expected charge is approximately $4M (one-time termination benefits). | |||
| 2003-08-31 | acquisition_addition | announced | 2003-08-11 | 2003-12-31 | United States / Latin America | Funds transfer (to be renamed money transfer) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Latin America Money Services, LLC (DolEx) for $190M plus contingent payment up to $10M; pending regulatory approvals, expected close before end of calendar 2003. No headcount of acquired employees disclosed; DolEx reported total revenues of $69.9M for year ended 2002-12-31. | |||
| 2003-08-31 | restructuring | in_progress | 2003-03-31 | 2004-05-31 | Global | Management and staff | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan to close three locations and consolidate operations. Total expected charge $8.2 million. Q1 2004 charges: $1.536M employee termination benefits, $40K contract termination, $4K other costs. | ||
| 2003-05-31 | plant_closure | in_progress | 2003-04 | 2004-05-31 | United States (Cleveland, Winston-Salem, Salt Lake City facilities) | Operations — merchant settlement, terminal deployment and check operations | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility closure and consolidation plan committed in Q4 fiscal 2003, execution began April 2003. Net charge of $1.257M recorded in fiscal 2003 (gross $1.657M less $0.4M reversal of fiscal 2001 accrual); $1.7M accrued at year-end. Total expected program charge $8.2M (about $4M employee termination benefits), with roughly $6.5M expected in fiscal 2004. No employees-affected headcount disclosed. | ||
| 2003-05-31 | acquisition_addition | announced | 2003-08-11 | 2003-12-31 | United States and Latin America | Funds transfer / money transfer (consumer-to-consumer) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Latin America Money Services, LLC (LAMS/DolEx Dollar Express); purchase price $190M plus contingent payment up to $10M, expected to close before end of calendar 2003, subject to regulatory approvals. No headcount associated with the transaction is disclosed. | |||
| 2003-05-31 | restructuring | in_progress | 2003-04-01 | 2004-05-31 | United States | Corporate / Operations | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Plan to close three locations and consolidate functions. Total expected charge $8.2 million ($3.9M termination benefits, $4.0M contract termination, $0.3M other). Charge incurred in FY2003 was $1.3 million (net of reversal). Execution started April 2003, expected completion Q4 FY2004. Employee count not explicitly disclosed. | ||
| 2003-02-28 | restructuring | completed | 150 | 2002-08-01 | 2002-08-31 | North America | Management and staff | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed in Q4 FY2002; involved closing four locations and reducing 150 personnel. Total charges of $11.0 million included facility closures, severance, and other costs. | |
| 2003-02-28 | restructuring | completed | 2001-08-01 | 2001-08-31 | North America | Management and staff | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed in Q4 FY2001; involved closing six locations and associated management/staff reductions. Total charges of $4.9 million. Employee count not explicitly stated for this specific action in the current filing. | ||
| 2002-11-30 | restructuring | completed | 150 | 2002-05-31 | 2002-05-31 | United States | Electronic transaction processing (multiple functions) | USD 10,993 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans completed in Q4 fiscal 2002 (quarter ended 2002-05-31), i.e., before the current reporting period; date is the fiscal-quarter end since no exact date is given. Charge comprises facilities $1,512K, severance $6,715K, other $2,766K; cash portion $6,794K, non-cash $4,199K. Cash payments to date $3,945K; remaining cash liability $2,849K accrued at 2002-11-30. Four locations closed or planned for closing. | |
| 2002-11-30 | restructuring | completed | 2001-05-31 | 2001-05-31 | United States | Electronic transaction processing (multiple functions) | USD 4,882 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans completed in Q4 fiscal 2001 (quarter ended 2001-05-31), well before the current reporting period; date is the fiscal-quarter end since no exact date is given. Six locations closed with management and staff reductions; no affected-employee count disclosed. Charge comprises facilities $1,416K and severance $3,466K; cash $2,685K, non-cash $2,197K. Cash payments to date $2,139K; remaining cash liability $546K accrued at 2002-11-30. | ||
| 2002-11-30 | restructuring | completed | 150 | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed in Q4 FY2002; involved closing four locations and reducing management and staff. | |||||
| 2002-08-31 | restructuring | completed | 150 | management and staff | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed in Q4 FY2002; involved closing four locations and reducing 150 personnel. Total charges of $11.0 million included severance and facility costs. | ||||
| 2002-05-31 | restructuring | in_progress | 150 | 2002-05-31 | 2003-05-31 | Management and staff across four locations | USD 11 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 charge of $10,993 thousand ($6,794K cash, $4,199K non-cash) covering facility closings ($1,512K), severance ($6,715K) and other costs ($2,766K). Plans completed in Q4 fiscal 2002; facilities either closed or scheduled to close within twelve months of the charge. $7.3 million of cash portion remained accrued at May 31, 2002. Locations not specified by geography. | ||
| 2002-05-31 | plant_closure | completed | 2001-08-31 | 2001-08-31 | United States — Hanover/Owings Mills, Maryland | Operations and customer service | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed a 35,000 sq ft facility in Hanover, MD and opened an 85,000 sq ft facility in Owings Mills, MD with capacity for up to 500 employees; no headcount reduction quantified. Exact announcement month not stated; August 2001 per Item 1 narrative. | |||
| 2002-05-31 | acquisition_addition | completed | 2001-09-30 | 2001-10-01 | Canada | Merchant acquiring | USD 46 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price $45.9 million; acquired business processed ~225 million transactions/year for 73,000+ points of service. Headcount added not disclosed; charge value shown is purchase price, not a workforce charge. | ||
| 2002-05-31 | acquisition_addition | completed | 2001-08-31 | 2001-06-01 | United States | Global Payment Systems LLC | USD 15 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchased MasterCard International's 7.5% minority interest in Global Payment Systems LLC, effective June 1, 2001, for $15.0 million; no headcount added or disclosed. Charge value is purchase price. | ||
| 2002-05-31 | restructuring | completed | 150 | 2002-02-28 | 2002-05-31 | United States | Management and Staff | USD 11 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Completed in Q4 FY2002. Includes closing of four locations. Total charges $10.993M ($1.512M facility, $6.715M severance, $2.766M other). | |
| 2002-02-28 | restructuring | in_progress | 2001-09-30 | United States | Corporate / operations (six locations consolidated into three) | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility consolidation and severance program completed in Q4 fiscal 2001; $0.9M cash accrual remained at 2002-02-28. No employee count disclosed. | |||
| 2002-02-28 | acquisition_addition | completed | 2001-10-01 | Canada | Merchant services (National Bank of Canada acquiring portfolio) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Portfolio acquisition plus ten-year alliance; no headcount added disclosed. | ||||
| 2002-02-28 | acquisition_addition | completed | 2001-06-01 | United States | Global Payment Systems LLC (minority interest buyout) | USD 12 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of MasterCard's 7.5% minority interest effective 2001-06-01; no headcount impact disclosed. | |||
| 2002-02-28 | restructuring | in_progress | 2001-09-30 | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of six locations into three during Q4 FY2001. Total charges $4.9M. Employee count not disclosed; only financial accruals provided. | |||||
| 2001-11-30 | restructuring | in_progress | 2001-05-31 | 2001-09-30 | United States | Corporate / Operations | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidation of six locations into three with management and staff reductions; $2.7M cash portion accrued, $1.1M remaining at quarter-end; no employee count disclosed | ||
| 2001-11-30 | acquisition_addition | completed | 2001-10-01 | 2001-10-01 | Canada | Merchant Services | USD 46 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of National Bank of Canada merchant acquiring portfolio; no headcount added disclosed | ||
| 2001-11-30 | restructuring | in_progress | 2001-03-31 | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of six locations into three, including management and staff reductions. Total charges $4.9 million; $2.7 million cash items accrued. Specific employee count not disclosed. | |||||
| 2001-08-31 | restructuring | in_progress | 2001-09-30 | United States | Operations / Facilities | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidation of six locations into three with management and staff reductions; $2.7M cash portion accrued, $1.3M remaining at quarter-end. Employee count not disclosed. | |||
| 2001-08-31 | acquisition_addition | announced | 2001-06-26 | 2001-10-01 | Canada | Merchant Services | USD 46 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of National Bank of Canada's merchant service business with ten-year alliance; headcount added not disclosed. | ||
| 2001-08-31 | acquisition_addition | completed | Canada | Merchant Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Full quarter of results from CIBC and Imperial Bank merchant acquiring acquisitions included; headcount added not disclosed. | |||||
| 2001-08-31 | restructuring | in_progress | 2001-05-31 | 2001-09-30 | United States | Corporate and Operations | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of six locations into three, including management and staff reductions. Charges include facility exit costs and severance. Employee count not explicitly disclosed. | ||
| 2001-05-31 | restructuring | in_progress | 2001-05-31 | United States | Corporate / Operations | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation of six locations into three with management and staff reductions; charge includes $1.4M facilities and $3.5M severance; no employee count disclosed | |||
| 2001-05-31 | acquisition_addition | completed | 2001-03-20 | 2001-03-20 | Canada | Merchant Acquiring | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CIBC merchant acquiring business acquired; approximately 140,000 merchant locations served; no employee headcount disclosed for acquired business | |||
| 2001-05-31 | acquisition_addition | completed | 2001-05-31 | 2001-05-31 | United States | Merchant Acquiring | USD 20 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Imperial Bank merchant portfolio acquired for $20.4M; no employee headcount disclosed | ||
| 2001-05-31 | divestiture_reduction | completed | 2000-09-30 | 2000-09-30 | United States | Card Issuing | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Card issuing business divested for cash approximately equal to net book value; no employee headcount disclosed | |||
| 2001-05-31 | other | announced | 2001-05-01 | United States | Executive / Corporate | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment announced; COO Thomas M. Dunn departing; no headcount disclosed | ||||
| 2001-05-31 | restructuring | completed | 2001-02-28 | United States | Corporate and Operations | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter fiscal 2001 restructuring charge of $4.9 million related to office consolidations (six locations into three) and severance payments. Specific employee count not disclosed. | |||
| 2001-02-28 | acquisition_addition | completed | 2001-03-20 | 2001-03-20 | Canada | Merchant services (merchant acquiring) | USD 134 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of CIBC's merchant acquiring assets completed post-quarter; consideration was ~9.8 million shares (26.25% of diluted shares). No employee count disclosed. |