Interest income. We also lease the following facilities Heartland payment processing is fast, secure and reliable with fair and transparent rates. Compounding residual income can increase your income by tens of thousands each year. Over the six months ended June 30, 2009, the majority of these charges, or $22.1 million, related to fines imposed by certain card brands in April 2009 against us and our sponsor OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, Heartland Payment Systems Review: Features, POS Options, Top Alternatives. Due to the companys selection of industry-specific packages and its menu of integrations and add-ons, Heartland Payment Systems may make sense for small-business owners who want to tailor their payment setups with features such as a virtual terminal, automated billing and surcharge options. 142) in order to improve the consistency between the useful life of a recognized intangible asset under SFAS No. There were no payouts under these agreements in 2008 or 2009. processing volume was primarily attributable to volume attrition and slower new merchant. months ended June30, 2008. Goodwill and Other Intangible Assets (SFAS No. commenced. Assistant Assigning Editor | Taxes, small business, retirement and estate planning. resolved to retire all common shares as repurchased and include the retired shares in the authorized and unissued shares of the Company. recently acquired Network Services business and effectively executing our growth plan. May31, 2008, we acquired the net assets of the Network Services business unit of Alliance Data Network Services LLC, for a cash payment of $77.5 million plus the net working capital of Network Services on the closing date, for a total purchase The action asserts various In March 2008, the Company acquired a majority interest in Collective Point of Sale Solutions Ltd. (CPOS) for a net cash payment of $10.1 million. 2046. June30, 2009 and 2008. million, reflecting an effective tax rate of 39.1%. The Conditional Transfer Order did not include the Consolidated Securities Class Action. In Ladensack, the plaintiff purports to represent all individuals who bought our securities between February 13, 2008, We also bear the risk of reject losses arising We expect to make buyout payments in the future, subject to available cash, as such buyouts reduce the monthly payments we will have to make to our amended the Amended and Restated Credit Agreement to exclude a certain amount of charges related to the Construction commenced in 2006 and we completed 96,000 square feet of office space for Phase 1 of the new service center and opened it for operation in December Card data that could have been exposed by the Processing System Intrusion included card numbers, expiration dates, and certain other information from the magnetic stripe on the back of developed software projects. As such, the Company was returned to Visas Global List of PCI DSS Validated Service Providers. processing activities. The addition of revenues from our May 2008 acquisition of Network Services partially offset these declines. core small and mid-sized merchants (referred to as Small and Midsized Enterprises, or SME merchants) and large national merchants, primarily in the petroleum industry. Disculpa The Company believes that no impairment has occurred as of June30, 2009 and December31, 2008. investments held to maturity and investments available-for-sale by major security type and class of security were as follows at June30, 2009 and December31, 2008: Investments held to maturity Certificates of deposit (a), Investments held to maturity Certificates of deposit. Changes in operating assets and liabilities: Increase in capitalized customer acquisition costs, Excess tax benefits on options exercised under SFAS No. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. June30, 2008 to $769.1 million in the six months ended June30, 2009 was primarily due to the acquisition in May 2008 of Network Services, which recorded $38.2 million of transaction-based processing revenues in the current year, higher We fund these advances first by applying a portion of our available cash and then by incurring a significant payable to our sponsor banks, bearing interest at the prime rate. the Company, we, us, and our refer to Heartland Payment Systems, Inc. and our subsidiaries. fees, crisis management services, certain card brand assessments, and a settlement offer we made regarding certain claims asserted against our sponsor banks related to the Processing System Intrusion. contingencies, to date an unfavorable outcome is not believed by it to be probable on those claims that are pending or have been threatened against it, or that the Company considers to be probable of assertion against it, and the Company does not
Golden Goose Sneakers,
Halifax County, Nc Noise Ordinance,
Town Of Gilbert Question 1,
List Of Funerals At Lawnswood Crematorium,
Diverse Actors Program 2022,
Articles H
