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SEC Filings

425
FIDELITY NATIONAL INFORMATION SERVICES, INC. filed this Form 425 on 05/13/2019
Entire Document
 


Worldpay, Inc.

CONSOLIDATED STATEMENTS OF INCOME

(In millions, except share data)

 

     Year Ended December 31,  
     2018     2017     2016  

Revenue

   $ 3,925.4     $ 4,026.5     $ 3,579.0  

Network fees and other costs(1)

     —         1,903.2       1,674.2  

Sales and marketing

     1,131.7       669.5       582.3  

Other operating costs

     698.0       318.7       294.2  

General and administrative

     662.1       295.1       189.7  

Depreciation and amortization

     1,095.0       318.5       270.1  
  

 

 

   

 

 

   

 

 

 

Income from operations

     338.6       521.5       568.5  

Interest expense—net

     (304.9     (140.6     (109.5

Non-operating (expense) income

     (41.8     432.8       (36.3
  

 

 

   

 

 

   

 

 

 

(Loss) income before applicable income taxes

     (8.1     813.7       422.7  

Income tax (benefit) expense

     (27.7     631.0       141.8  
  

 

 

   

 

 

   

 

 

 

Net income

     19.6       182.7       280.9  

Less: Net income attributable to non-controlling interests

     (6.8     (52.6     (67.7
  

 

 

   

 

 

   

 

 

 

Net income attributable to Worldpay, Inc.

   $ 12.8     $ 130.1     $ 213.2  
  

 

 

   

 

 

   

 

 

 

Net income per share attributable to Worldpay, Inc. Class A common stock:

      

Basic

   $ 0.04     $ 0.81     $ 1.37  

Diluted

   $ 0.04     $ 0.80     $ 1.32  

Shares used in computing net income per share of Class A common stock:

      

Basic

     292,992,892       161,293,062       156,043,636  

Diluted

     295,214,282       162,807,146       162,115,549  

 

(1)

See Note 2—Revenue Recognition, which addresses the change in presentation.

See Notes to Consolidated Financial Statements.

 

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