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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2011	Feb. 26, 2012	Jun. 30, 2011
Document and Entity Information [Abstract]
Entity Registrant Name	EURONET WORLDWIDE INC
Entity Central Index Key	0001029199
Document Type	10-K
Document Period End Date	Dec. 31, 2011
Amendment Flag	false
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 745.4
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		50,521,152

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 170,663	$ 187,235
Restricted cash	73,305	108,717
Inventory - PINs and other	98,819	97,225
Trade accounts receivable, net of allowances for doubtful accounts of $14,787 at December 31, 2011 and $14,924 at December 31, 2010	349,543	288,765
Prepaid expenses and other current assets	61,640	46,072
Total current assets	753,970	728,014
Property and equipment, net of accumulated depreciation of $175,875 at December 31, 2011 and $166,094 at December 31, 2010	102,900	91,527
Goodwill	488,628	445,713
Acquired intangible assets, net of accumulated amortization of $129,119 at December 31, 2011 and $109,726 at December 31, 2010	99,878	95,819
Other assets, net of accumulated amortization of $19,529 at December 31, 2011 and $20,805 at December 31, 2010	60,953	48,299
Total assets	1,506,329	1,409,372
Current liabilities:
Trade accounts payable	351,360	324,466
Accrued expenses and other current liabilities	216,794	218,006
Current portion of capital lease obligations	2,178	2,429
Short-term debt obligations and current maturities of long-term debt obligations	170,654	2,507
Income taxes payable	5,228	13,177
Deferred revenue	28,272	10,775
Total current liabilities	774,486	571,360
Debt obligations, net of current portion	161,694	286,105
Capital lease obligations, net of current portion	4,249	2,363
Deferred income taxes	26,003	21,958
Other long-term liabilities	13,152	8,709
Total liabilities	979,584	890,495
Euronet Worldwide, Inc. stockholders' equity:
Preferred Stock, $0.02 par value. 10,000,000 shares authorized; none issued	0	0
Common Stock, $0.02 par value. 90,000,000 shares authorized; 51,982,227 issued at December 31, 2011 and 51,462,195 issued at December 31, 2010	1,040	1,029
Additional paid-in capital	766,221	752,209
Treasury stock, at cost, 1,543,441 shares at December 31, 2011 and 482,839 shares at December 31, 2010	(21,869)	(5,212)
Accumulated deficit	(204,550)	(241,511)
Restricted reserve	1,001	974
Accumulated other comprehensive income (loss)	(21,408)	5,122
Total Euronet Worldwide, Inc. stockholders' equity	520,435	512,611
Noncontrolling interests	6,310	6,266
Total equity	526,745	518,877
Total liabilities and equity	$ 1,506,329	$ 1,409,372

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Allowances for doubtful trade accounts receivables	$ 14,787	$ 14,924
Accumulated depreciation on property and equipment	175,875	166,094
Accumulated amortization on acquired intangible assets	129,119	109,726
Accumulated amortization on other assets	$ 19,529	$ 20,805
Euronet Worldwide, Inc. stockholders' equity:
Preferred Stock, par value	$ 0.02	$ 0.02
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Common Stock, par value	$ 0.02	$ 0.02
Common Stock, shares authorized	90,000,000	90,000,000
Common Stock, shares issued	51,982,227	51,462,195
Treasury Stock at cost, shares	1,543,441	482,839

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Revenues	$ 1,161,304	$ 1,038,269	$ 1,032,694
Operating expenses:
Direct operating costs	740,729	675,571	678,370
Salaries and benefits	168,474	136,384	129,447
Selling, general and administrative	112,507	92,624	86,705
Goodwill and Intangible Asset Impairment	0	70,925	9,884
Depreciation and amortization	60,457	57,496	56,023
Total operating expenses	1,082,167	1,033,000	960,429
Operating income	79,137	5,269	72,265
Other income (expense):
Interest income	5,749	3,237	3,250
Interest expense	(21,385)	(20,447)	(25,716)
Income from unconsolidated affiliates	1,852	1,461	1,934
Gain on settlements	1,000	3,110	0
Loss on early retirement of debt	(1,899)	0	(254)
Gain on sale of investment securities	0	0	1,751
Foreign currency exchange gain (loss), net	(1,662)	(7,648)	3,943
Other income (expense), net	(16,345)	(20,287)	(15,092)
Income (loss) from continuing operations before income taxes	62,792	(15,018)	57,173
Income tax (expense) benefit	(24,704)	(22,899)	(25,836)
Income (loss) from continuing operations	38,088	(37,917)	31,337
Discontinued operations, net	0	0	475
Net income (loss)	38,088	(37,917)	31,812
Less: Net income attributable to noncontrolling interests	(1,127)	(455)	(1,495)
Net income (loss) attributable to Euronet Worldwide, Inc.	$ 36,961	$ (38,372)	$ 30,317
Earnings (loss) per share from continuing operations - basic	$ 0.73	$ (0.75)	$ 0.59
Earnings per share from discontinued operations - basic	0	0	0.01
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - basic	$ 0.73	$ (0.75)	$ 0.60
Basic weighted average shares outstanding	50,944,349	50,857,182	50,486,705
Earnings (loss) per share from continuing operations - diluted	$ 0.71	$ (0.75)	$ 0.58
Earnings per share from discontinued operations - diluted	0	0	0.01
Earnings per share attributable to Euronet Worldwide, Inc. stockholders - diluted	$ 0.71	$ (0.75)	$ 0.59
Diluted weighted average shares outstanding	51,729,513	50,857,182	51,482,723

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Net income (loss)	$ 38,088	$ (37,917)	$ 31,812
Other comprehensive income (loss), net of tax:
Translation adjustment	(26,714)	(16,039)	29,184
Unrealized gain on interest rate swaps	0	0	830
Unrealized gain on available-for-sale securities	0	0	1,631
Reclassification adjustment related to sale of investment securities	0	0	(1,751)
Other comprehensive income (loss)	(26,714)	(16,039)	29,894
Comprehensive income (loss)	11,374	(53,956)	61,706
Comprehensive (income) loss attributable to noncontrolling interests	(943)	140	(1,473)
Comprehensive income (loss) attributable to Euronet Worldwide, Inc.	$ 10,431	$ (53,816)	$ 60,233

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Net income (loss)	$ 38,088	$ (37,917)	$ 31,812
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	60,457	57,496	55,881
Share-based compensation	10,756	9,294	7,932
Unrealized foreign exchange (gain) loss, net	1,662	7,850	(3,875)
Gain on dispute settlement	0	(3,110)	0
Non-cash impairment of goodwill and acquired intangible assets	0	70,925	9,884
Gain on sale of investment securities	0	0	(1,751)
Loss on early retirement of debt	1,899	0	117
Deferred income taxes	(251)	(4,079)	(4,179)
Income from unconsolidated affiliates	(1,852)	(1,461)	(1,934)
Accretion of convertible debentures discount and amortization of debt issuance costs	11,952	8,833	11,124
Changes in working capital, net of amounts acquired:
Income taxes payable, net	(7,969)	(5,621)	828
Restricted cash	34,147	(28,591)	78,283
Inventory - PINs and other	5,482	764	(22,756)
Trade accounts receivable	(62,103)	8,024	43
Prepaid expenses and other current assets	(20,559)	(16,518)	9,165
Trade accounts payable	31,926	68,611	(29,478)
Deferred revenue	(350)	(2,766)	(1,946)
Accrued expenses and other current liabilities	1,753	(19,216)	(32,252)
Changes in noncurrent assets and liabilities	(5,732)	(4,432)	(10,847)
Net cash provided by operating activities	99,306	108,086	96,051
Cash flows from investing activities:
Acquisitions, net of cash acquired	(78,688)	(24,418)	(17,171)
Purchases of property and equipment	(46,002)	(29,199)	(33,072)
Purchases of other long-term assets	(3,183)	(4,055)	(1,944)
Proceeds from sale of investment securities	0	0	2,981
Proceeds from sale of net assets of subsidiary	0	0	7,052
Other, net	3,809	2,300	2,353
Net cash used in investing activities	(124,064)	(55,372)	(39,801)
Cash flows from financing activities:
Proceeds from issuance of shares	2,397	2,116	2,108
Repurchase of shares	(15,996)	0	0
Borrowings from revolving credit agreements	529,305	144,800	517,900
Repayments of revolving credit agreements	(442,111)	(183,972)	(495,618)
Proceeds from long-term debt obligations	80,000	0	0
Repayments of long-term debt obligations	(128,000)	(3,227)	(71,029)
Repayments of capital lease obligations	(2,578)	(2,843)	(7,216)
Payment of acquisition contingent consideration	(5,455)	0	0
Debt issuance costs	(3,514)	0	0
Cash dividends paid to noncontrolling interests stockholders	(1,055)	(2,224)	(2,222)
Other, net	924	576	(1,378)
Net cash provided by (used in) financing activities	13,917	(44,774)	(57,455)
Effect of exchange rate changes on cash and cash equivalents	(5,731)	(4,233)	2,840
Increase (decrease) in cash and cash equivalents	(16,572)	3,707	1,635
Cash and cash equivalents at beginning of period (includes cash of discontinued operations of $552 in 2009)	187,235	183,528	181,893
Cash and cash equivalents at end of period	170,663	187,235	183,528
Interest paid during the period	11,883	11,594	13,886
Income taxes paid during the period	$ 32,944	$ 28,482	$ 30,378

Consolidated Statements of Changes in Equity Statement - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Restricted Reserve [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Common Stock, Shares, Outstanding Period Start at Dec. 31, 2008	50,380,837
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Period Start at Dec. 31, 2008	$ 495,910	$ 1,012	$ 729,907	$ (784)	$ (233,456)	$ 996	$ (9,350)	$ 7,585
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Noncontrolling Interest	1,495							1,495
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	31,812
Net Income (Loss) Attributable to Parent	30,317				30,317
Other Comprehensive Income (Loss), Net of Tax	29,894						29,916	(22)
Stock Issued Under Employee Stock Plans Shares		479,352
Stock Issued Under Employee Stock Plans Value	2,459	$ 10	3,148	(699)
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	$ 7,933		7,933
Stockholders' Equity, Other Shares
Stockholders' Equity, Other	$ (1,505)		2			17		(1,524)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Period End at Dec. 31, 2009	$ 566,503	1,022	740,990	(1,483)	(203,139)	1,013	20,566	7,534
Common Stock, Shares, Outstanding Period End at Dec. 31, 2009	50,860,189
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Noncontrolling Interest	$ 455							455
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(37,917)
Net Income (Loss) Attributable to Parent	(38,372)				(38,372)
Other Comprehensive Income (Loss), Net of Tax	(16,039)						(15,444)	(595)
Stock Issued Under Employee Stock Plans Shares		372,648
Stock Issued Under Employee Stock Plans Value	1,958	$ 7	2,156	(205)
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	9,294		9,294
Dispute Settlement, shares		(226,634)
Dispute Settlement	(3,524)			(3,524)
Stockholders' Equity, Other Shares		(26,847)
Stockholders' Equity, Other	(1,398)		(231)			(39)		(1,128)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Period End at Dec. 31, 2010	$ 518,877	1,029	752,209	(5,212)	(241,511)	974	5,122	6,266
Common Stock, Shares, Outstanding Period End at Dec. 31, 2010	50,979,356
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Noncontrolling Interest	$ 1,127							1,127
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	38,088
Net Income (Loss) Attributable to Parent	36,961				36,961
Other Comprehensive Income (Loss), Net of Tax	(26,714)						(26,530)	(184)
Stock Issued Under Employee Stock Plans Shares		481,589
Stock Issued Under Employee Stock Plans Value	2,342	$ 11	2,912	(581)
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	10,758		10,758
Treasury Stock, Shares, Acquired		(1,022,159)
Treasury Stock, Value, Acquired, Cost Method	$ (15,996)			(15,996)
Stockholders' Equity, Other Shares
Stockholders' Equity, Other	$ (610)		342	(80)		27		(899)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Period End at Dec. 31, 2011	$ 526,745	$ 1,040	$ 766,221	$ (21,869)	$ (204,550)	$ 1,001	$ (21,408)	$ 6,310
Common Stock, Shares, Outstanding Period End at Dec. 31, 2011	50,438,786

General	12 Months Ended
General	Dec. 31, 2011
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	ORGANIZATION Euronet Worldwide, Inc. was established as a Delaware corporation on December 13, 1997. Euronet Worldwide, Inc. succeeded Euronet Holding N.V. as the group holding company, which was founded and established in 1994. Euronet Worldwide, Inc. and its subsidiaries (the “Company” or “Euronet”) is a leading global electronic payments provider. Euronet offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. The Company's primary product offerings include comprehensive automated teller machine (“ATM”), point-of-sale (“POS”) and card outsourcing services; electronic distribution of prepaid mobile airtime and other electronic payment products, and global consumer money transfer services.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Basis of Presentation	12 Months Ended
Basis of Presentation	Dec. 31, 2011
BASIS OF PREPARATION [Abstract]
Basis of Accounting [Text Block]	BASIS OF PREPARATION The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The consolidated financial statements include the accounts of Euronet and its wholly owned and majority owned subsidiaries and all significant intercompany balances and transactions have been eliminated. The Company's investments in companies that it does not control, but has the ability to significantly influence, are accounted for under the equity method. Euronet is not involved with any variable interest entities. Results from operations related to entities acquired during the periods covered by the consolidated financial statements are reflected from the effective date of acquisition. Certain amounts in prior years have been reclassified to conform to the current year's presentation. The preparation of the consolidated financial statements in conformity with U.S. GAAP requires that management make a number of estimates and assumptions relating to the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses. Significant items subject to such estimates and assumptions include computing income taxes, estimating the useful lives and potential impairment of long-lived assets and goodwill, as well as allocating the purchase price to assets acquired and liabilities assumed in acquisitions and revenue recognition. Actual results could differ from those estimates.

Summary of Significant Accounting Policies and Practices

12 Months Ended

Dec. 31, 2011

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES

Foreign currencies

Assets and liabilities denominated in currencies other than the functional currency of a subsidiary are remeasured at rates of exchange on the balance sheet date. Resulting gains and losses on foreign currency transactions are included in the Consolidated Statements of Operations.

The financial statements of foreign subsidiaries where the functional currency is not the U.S. dollar are translated to U.S. dollars using (i) exchange rates in effect at period end for assets and liabilities, and (ii) weighted average exchange rates during the period for revenues and expenses. Adjustments resulting from translation of such financial statements are reflected in accumulated other comprehensive income (loss) as a separate component of consolidated equity.

Cash equivalents

The Company considers all highly liquid investments, with an original maturity of three months or less, and certificates of deposit, which may be withdrawn at any time at the discretion of the Company without penalty, to be cash equivalents.

Inventory - PINs and other

Inventory - PINs and other is valued at the lower of cost or fair market value and represents primarily prepaid personal identification number (“PIN”) inventory for prepaid mobile airtime related to the epay Segment. PIN inventory is generally managed on a specific identification basis that approximates first in, first out for the respective denomination of prepaid mobile airtime sold. Inventory also includes vouchers, merchandise for physical reward fulfillment and other electronic payment products. Additionally, from time to time, Inventory - PINs and other may include POS terminals, mobile phone handsets and ATMs held by the Company for resale.

Property and equipment

Property and equipment are stated at cost, less accumulated depreciation. Property and equipment acquired in acquisitions have been recorded at estimated fair values as of the acquisition date.

Depreciation is generally calculated using the straight-line method over the estimated useful lives of the respective assets. Depreciation and amortization rates are generally as follows:



ATMs or ATM upgrades	5 - 7 years
Computers and software	3 - 5 years
POS terminals	2 - 5 years
Vehicles and office equipment	3 - 10 years
Leasehold improvements	Over the lesser of the lease term or estimated useful life

Goodwill and other intangible assets

The Company accounts for goodwill and other intangible assets in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 350, Intangibles - Goodwill and Other. ASC Topic 350 requires that the Company test for impairment on an annual basis and whenever events or circumstances dictate. Impairment tests are performed annually during the fourth quarter and are performed at the reporting unit level. Generally, fair value represents discounted projected future cash flows, and potential impairment is indicated when the carrying value of a reporting unit, including goodwill, exceeds its estimated fair value. If potential for impairment exists, the fair value of the reporting unit is subsequently measured against the fair value of its underlying assets and liabilities, excluding goodwill, to estimate an implied fair value of the reporting unit's goodwill. An impairment loss is recognized for any excess of the carrying value of the reporting unit's goodwill over the implied fair value. See Note 8, Goodwill and Acquired Intangible Assets, Net, for information regarding impairment charges recorded for the years ended December 31, 2010 and 2009. Determining the fair value of reporting units requires significant management judgment in estimating future cash flows and assessing potential market and economic conditions. It is reasonably possible that the Company's operations will not perform as expected, or that estimates or assumptions could change, which may result in the Company recording additional material non-cash impairment charges during the year in which these determinations take place.

Other Intangibles - In accordance with ASC Topic 350, intangible assets with finite lives are amortized over their estimated useful lives. Unless otherwise noted, amortization is calculated using the straight-line method over the estimated useful lives of the assets as follows:



Non-compete agreements	2 - 5 years
Trademarks and trade names	2 - 20 years
Software	3 -5 years
Customer relationships	6 - 12 years

See Note 8, Goodwill and Acquired Intangible Assets, Net, for additional information regarding ASC Topic 350 and the treatment of goodwill and other intangible assets.

Other assets

Other assets include deferred financing costs, investments in unconsolidated affiliates, capitalized software development costs and capitalized payments for new or renewed contracts, contract renewals and customer conversion costs. Deferred financing costs represent expenses incurred to obtain financing that have been deferred and are being amortized over the life of the loan. Euronet capitalizes initial payments for new or renewed contracts to the extent recoverable through future operations, contractual minimums and/or penalties in the case of early termination. The Company's accounting policy is to limit the amount of capitalized costs for a given contract to the lesser of the estimated ongoing net future cash flows related to the contract or the termination fees the Company would receive in the event of early termination of the contract by the customer.

The Company accounts for investments in affiliates using the equity method of accounting when the Company has the ability to exercise significant influence over the affiliate. Equity losses in affiliates are generally recognized until the Company's investment is zero. Euronet's investments in affiliates, related to the Company's 40% investment in epay Malaysia and 49% investment in Euronet Middle East were $7.5 million and $5.8 million as of December 31, 2011 and 2010, respectively. Undistributed earnings in these affiliates as of December 31, 2011 and 2010 were $6.3 million and $5.1 million, respectively.

Convertible debentures

The Company accounts for its convertible debt instruments that may be settled in cash upon conversion according to ASC 470-20-30-22, which requires the proceeds from the issuance of such convertible debt instruments to be allocated between debt and equity components so that debt is discounted to reflect the Company's nonconvertible debt borrowing rate. Further, the Company applies ASC 470-20-35-13, which requires the debt discount to be amortized over the period the convertible debt is expected to be outstanding as additional non-cash interest expense.

Noncontrolling interests

The Company accounts for noncontrolling interests in its consolidated financial statements according to ASC 810-10-45-16, which requires noncontrolling interests to be reported as a component of equity.

Business combinations

The Company accounts for business combinations in accordance with ASC Topic 805, Business Combinations, which requires most identifiable assets, liabilities, noncontrolling interests and goodwill acquired in a business combination to be recorded at “full fair value” at the acquisition date. Additionally, ASC Topic 805 requires transaction-related costs to be expensed in the period incurred.

Income taxes

Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

In accordance with ASC 740-10-25 and 30, the Company's policy is to record estimated interest and penalties related to the underpayment of income taxes as income tax expense in the Consolidated Statements of Operations. See Note 13, Taxes, for further discussion regarding these provisions.

Presentation of taxes collected and remitted to governmental authorities

The Company presents taxes collected and remitted to governmental authorities on a net basis in the accompanying Consolidated Statements of Operations.

Fair value measurements

The Company applies the provisions of ASC Topic 820, Fair Value Measurements and Disclosures, regarding fair value measurements for assets and liabilities. ASC Topic 820 defines fair value, establishes a framework for measuring fair value and requires certain disclosures about fair value measurements. The provisions apply whenever other accounting pronouncements require or permit fair value measurements. See Note 17, Financial Instruments and Fair Value Measurements, for the required fair value disclosures.

Accounting for derivative instruments and hedging activities

The Company accounts for derivative instruments and hedging activities in accordance with ASC Topic 815, Derivatives and Hedging, which requires that all derivative instruments be recognized as either assets or liabilities on the balance sheet at fair value. Primarily in the Money Transfer Segment, the Company enters into foreign currency derivative contracts, mainly forward contracts, to offset foreign currency exposure related to the notional value of money transfer settlement assets and liabilities in currencies other than the U.S. dollar. These contracts are considered derivative instruments under the provisions of ASC Topic 815; however, the Company does not designate such instruments as hedges for accounting purposes. Accordingly, changes in the value of these contracts are recognized immediately as a component of foreign currency exchange gain (loss), net in the Consolidated Statements of Operations. The impact of changes in value of these contracts, together with the impact of the change in value of the related foreign currency denominated settlement asset or liability, on the Company's Consolidated Statements of Operations and Consolidated Balance Sheets is not significant.

Cash flows resulting from derivative instruments are classified as cash flows from operating activities in the Company's Consolidated Statements of Cash Flows. The Company enters into derivative instruments with highly credit-worthy financial institutions and does not use derivative instruments for trading or speculative purposes. See Note 11, Derivative Instruments and Hedging Activities, for further discussion of derivative instruments.

Revenue recognition

The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable and collection is reasonably assured. The majority of the Company's revenues are comprised of monthly recurring management fees and transaction-based fees. A description of the major components of revenue by business segment is as follows:

EFT Processing - Revenues in the EFT Processing Segment are primarily derived from transaction and management fees from owned and outsourced ATM, POS and card processing networks and from the sale of EFT software solutions for electronic payment and transaction delivery systems.

Transaction-based fees include charges for cash withdrawals, debit or credit card transactions, balance inquiries, transactions not completed because the relevant card issuer does not give authorization and prepaid mobile airtime recharges. Outsourcing services are generally billed on the basis of a fixed monthly fee per ATM, plus a transaction-based fee. Transaction-based fees are recognized at the time the transactions are processed and outsourcing management fees are recognized ratably over the contract period.

Certain of the Company's non-cancelable customer contracts provide for the receipt of up-front fees from the customer and/or decreasing or increasing fee schedules over the agreement term for substantially the same level of services to be provided by the Company. As prescribed in SEC Staff Accounting Bulletin (“SAB”) 101, “Revenue Recognition in Financial Statements,” as amended by SAB 104, “Revenue Recognition,” the Company recognizes revenue under these contracts based on proportional performance of services over the term of the contract. This generally results in “straight-line” (i.e., consistent value per period) revenue recognition of the contracts' total cash flows, including any up-front payment received from the customer.

Revenues from the sale of EFT software solutions represent software license fees, professional installation and customization fees, ongoing software maintenance fees, hardware sales and transaction fees. The Company recognizes professional service fee revenue in accordance with the provisions of ASC 985-605-15 and ASC 605-25. ASC 985-605-15 generally requires revenue earned on software arrangements involving multiple elements to be allocated to each element based on the relative fair values of those elements.

Revenues from software licensing agreement contracts are recognized over the professional services portion of the contract term using the percentage-of-completion method, following the guidance in ASC 605-35, as prescribed by ASC 985-605-15. Software maintenance revenue is recognized over the contractual period or as the maintenance-related service is performed. Revenue from the sale of hardware is generally recognized when title passes to the customer. Revenue in excess of billings on software licensing agreements was $0.8 million and $0.9 million as of December 31, 2011 and 2010, and is recorded in prepaid expenses and other current assets. Billings in excess of revenue on software license agreements was $2.3 million and $2.4 million as of December 31, 2011 and 2010, respectively, and is recorded as deferred revenue until such time the revenue recognition criteria are met.

epay - Revenue generated in the epay Segment is primarily derived from commissions or processing fees associated with distribution and/or processing of prepaid mobile airtime and other electronic payment products. These fees and commissions are received from mobile phone and other telecommunication operators, top-up distributors, other product vendors or distributors or from retailers. In accordance with ASC 605-45, commissions received are recognized as revenue during the period in which the Company provides the service. The portion of the commission that is paid to retailers is generally recorded as a direct operating cost. However, in circumstances where the Company has no influence over the commission paid to the retailers, those commissions are recorded as a reduction of revenue. In distributing certain products, the Company is the primary obligor in the arrangements; accordingly, the gross sales value of the products are recorded as revenue and the purchase cost as direct operating cost. Transactions are processed through a network of POS terminals and direct connections to the electronic payment systems of retailers. Transaction processing fees are recognized at the time the transactions are processed.

Money Transfer - In accordance with ASC 605-45, revenues for money transfer and other services represent a transaction fee in addition to a margin earned from purchasing currency at wholesale exchange rates and selling the currency to consumers at retail exchange rates. Revenues and the associated direct operating cost are recognized at the time the transaction is processed. The Company has origination and distribution agents in place, which each earn a fee for the respective service. These fees are reflected as direct operating costs.

Software capitalization

Computer software to be sold - The Company applies ASC Topic 730, Research and Development, and ASC 985-20 in recording research and development costs. Research costs related to the discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, or a new process or technique, or in bringing about significant improvement to an existing product or process, are expensed as incurred (see Note 18, Computer Software to be Sold). Development costs aimed at the translation of research findings or other knowledge into a plan or design for a new product or process, or for a significant improvement to an existing product or process, whether intended for sale or use, are capitalized on a product-by-product basis when technological feasibility is established. Capitalization of computer software costs is discontinued when the computer software product is available to be sold, leased, or otherwise marketed.

Technological feasibility of computer software products is established when the Company has completed all planning, designing, coding, and testing activities that are necessary to establish that the product can be produced to meet its design specifications including functions, features and technical performance requirements. Technological feasibility is evidenced by the existence of a working model of the product or by completion of a detail program design. The detail program design (i) establishes that the necessary skills, hardware, and software technology are available to produce the product, (ii) is complete and consistent with the product design, and (iii) has been reviewed for high-risk development issues, with any uncertainties related to identified high-risk development issues being adequately resolved.

Capitalized software costs are included in other assets and are amortized on a product-by-product basis, equal to the greater of the amount computed using (i) the ratio that current gross revenues for a product bear to the total of current and anticipated future gross revenues for that product or (ii) the straight-line method over the remaining estimated economic life of the product, generally three years at inception. Amortization commences when the product is available for general release to customers.

Software for internal use - The Company also develops software for internal use. These software development costs, as well as costs incurred for significant enhancements and upgrades, are capitalized based upon ASC 350-40. Internal-use software development costs are capitalized after the preliminary project stage is completed and management with the relevant authority authorizes and commits to funding a computer software project and it is probable that the project will be completed and the software will be used to perform the function intended. Costs incurred prior to meeting the qualifications are expensed as incurred. Capitalization ceases when the computer software project is substantially complete and ready for its intended use.

Share-based compensation

The Company follows the provisions of ASC Topic 718, Compensation - Stock Compensation, for equity classified awards, which requires the determination of the fair value of the share-based compensation at the grant date and subsequent recognition of the related expense over the period in which the share-based compensation is earned (“requisite service period”).

The amount of future compensation expense related to awards of nonvested shares or nonvested share units (“restricted stock”) is based on the market price for Euronet Common Stock at the grant date. The grant date is the date at which all key terms and conditions of the grant have been determined and the Company becomes contingently obligated to transfer equity to the employee who renders the requisite service, generally the date at which grants are approved by the Company's Board of Directors or Compensation Committee thereof. Share-based compensation expense for awards with only service conditions is generally recognized as expense on a “straight-line” basis over the requisite service period. For awards that vest based on achieving annual performance conditions, expense is recognized on a “graded attribution method.” The graded attribution method results in expense recognition on a straight-line basis over the requisite service period for each separately vesting portion of an award. The Company has elected to use the “with and without method” when calculating the income tax benefit associated with its share-based payment arrangements. See Note 15, Stock Plans, for further disclosure.

Recent accounting pronouncements

In June 2011, the FASB issued Accounting Standards Update ("ASU") 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income. Under ASU 2011-05, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income

either in a single continuous statement of comprehensive income or in two separate but consecutive statements. ASU 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders’ equity. The requirements apply to both annual and interim financial statements and should be applied retrospectively. ASU 2011-05 is effective for public entities for fiscal years beginning after December 15, 2011 with early adoption permitted. The Company adopted ASU 2011-05 effective October 1, 2011 and elected to present comprehensive income and its components in two separate, consecutive statements.

In September 2011, the FASB issued ASU 2011-08, Intangibles - Goodwill and Other (Topic 350): Testing Goodwill for Impairment. ASU 2011-08 permits an entity to make a qualitative assessment of whether it is more likely than not that a reporting unit's fair value is less than its carrying amount before applying the two-step goodwill impairment test. If an entity concludes that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, it would not be required to perform the two-step impairment test for that reporting unit. The qualitative assessment is applicable to the annual test of goodwill impairment as well as determining if an interim test of goodwill impairment is necessary. ASU 2011-08 is effective for public entities for fiscal years beginning after December 15, 2011 with early adoption permitted. The adoption of ASU 2011-08 is not expected to materially affect the Company's financial statements.

Earnings Per Share

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS (LOSS) PER SHARE

Basic earnings per share has been computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the respective period. Diluted earnings per share has been computed by dividing earnings available to common stockholders by the weighted average shares outstanding during the respective period, after adjusting for the potential dilution of the assumed conversion of the Company's convertible debentures, shares issuable in connection with acquisition obligations, options to purchase the Company's Common Stock and restricted stock. For the year ended December 31, 2010, the Company incurred a net loss; therefore, diluted loss per share is the same as basic loss per share. The following table provides the computation of diluted weighted average number of common shares outstanding for the years ended December 31, 2011 and December 31, 2009:



	Year Ended December 31,
	2011	2009
Computation of diluted weighted average shares outstanding:
Basic weighted average shares outstanding	50,944,349	50,486,705
Incremental shares from assumed conversion of stock options and restricted stock	785,164	996,018
Diluted weighted average shares outstanding	51,729,513	51,482,723

The table includes all stock options and restricted stock that are dilutive to Euronet's weighted average common shares outstanding during the period. The calculation of diluted earnings per share excludes stock options or shares of restricted stock that are anti-dilutive to the Company's weighted average common shares outstanding for the years ended December 31, 2011, 2010 and 2009 of approximately 1,956,000, 4,973,000 and 1,730,000, respectively.

The Company has convertible debentures that, if converted, would have a potentially dilutive effect on the Company’s stock. As required by ASC Topic 260, Earnings per Share, if dilutive, the impact of the contingently issuable shares must be included in the calculation of diluted earnings per share under the “if-converted” method, regardless of whether the conditions upon which the debentures would be convertible into shares of the Company’s Common Stock have been met. The Company’s outstanding 3.50% debentures are convertible into 4.2 million shares of Common Stock only upon the occurrence of certain conditions. Under the if-converted method, the assumed conversion of the 3.50% debentures was anti-dilutive for the years ended December 31, 2011, 2010 and 2009. The Company’s remaining 1.625% convertible debentures outstanding were repurchased in January 2010 and the assumed conversion of the then-outstanding debentures was anti-dilutive for the years ended December 31, 2010 and 2009.

Acquisitions Level 1 (Notes)

12 Months Ended

Dec. 31, 2011

Acquisitions [Abstract]

Business Combination Disclosure [Text Block]

ACQUISITIONS

In accordance with ASC Topic 805, the Company allocates the purchase price of its acquisitions to the tangible assets, liabilities and intangible assets acquired based on fair values. Any excess purchase price over those fair values is recorded as goodwill. The fair value assigned to intangible assets acquired is supported by valuations using estimates and assumptions provided by management. Generally, for certain large acquisitions management engages an appraiser to assist in the valuation process.

2011 Acquisitions

On September 16, 2011, the Company acquired all the common stock of cadooz Holding GmbH and its wholly owned operating subsidiaries ("cadooz"), which added additional product offerings to the Company's epay operations in Europe. The purchase price of approximately $54.7 million was paid from cash on hand. Part of the net assets acquired includes a liability for additional purchase price consideration based upon the level of revenue achieved by one of cadooz's subsidiaries for the three-year period ending in February 2014. Additionally, $4.1 million in cash is being held in escrow to secure certain obligations of the sellers under the Sale and Purchase Agreement. The valuation of cadooz's net assets acquired remains preliminary while management completes its valuation, particularly the valuation of acquired intangible assets and the valuation of deferred revenue, which is a significant aspect of cadooz's business.

In December 2011, the Company acquired Smart PayNetwork SA, an ATM and card processing company in Romania, for $18.3 million in cash. In November 2011, the Company acquired an integrated network of ATMs in Poland, known as cash4you, for $5.3 million in cash. In June 2011, the Company also acquired the net assets of a Canada-based check-cashing company for approximately $3.4 million in cash.

The following table summarizes the fair values of the acquired net assets at the respective acquisition dates:



(dollar amounts in thousands)	Estimated Life
Current assets		$	28,292
Property and equipment	3 years - Indefinite	6,938
Customer relationships	8 - 12 years	26,104
Trademarks and trade names	10 - 20 years	2,122
Software	3 years	390
Goodwill		56,855
Other non-current assets		63
Fair value of assets		120,764
Current liabilities		(28,118		)
Deferred income tax liability		(7,267		)
Other non-current liabilities		(3,759		)
Net assets acquired		$	81,620

2010 Acquisitions

On September 1, 2010, the Company acquired 98.8% of the common stock of Telecomnet, Inc. and its wholly owned Brazilian operating subsidiary, which expanded the Company's epay operations into South America. The purchase price of approximately $44.5 million consisted of $39.5 million paid from cash on hand and $5.0 million fair value of contingent consideration at the date of acquisition. Pursuant to the terms of the Share Purchase and Sale Agreement, the Company was required to pay the sellers additional consideration based upon the level of earnings achieved by Telecomnet, Inc. for 2010. During the fourth quarter of 2010, the Company recorded an additional $0.7 million to record the contingent consideration at fair value which was charged to selling, general and administrative expenses. As of October 29, 2010, the Company executed a short-form merger, which effectively increased its ownership percentage to 100%.

In the third quarter of 2010, the Company also acquired the net assets of a U.S.-based money transfer company for approximately $1.0 million in cash. The following table summarizes the fair values of the acquired net assets at the respective acquisition dates:



(dollar amounts in thousands)	Estimated Life
Current assets		$	33,831
Property and equipment	3 - 5 years	2,412
Customer relationships	8 years	8,802
Trademarks and trade names	2 years	357
Non-compete agreements	2 years	580
Goodwill		27,965
Other non-current assets		914
Fair value of assets		74,861
Current liabilities		(24,548		)
Deferred income tax liability		(3,747		)
Other non-current liabilities		(1,134		)
Net assets acquired		$	45,432

The Company had no material acquisitions during 2009.

Gain on dispute settlement

In the third quarter of 2010, the Company reached a settlement regarding a dispute with the sellers of Ria Envia, Inc. (“Ria”). The Company received 226,634 shares of Euronet stock that had been held in escrow related to the Ria acquisition. The $3.5 million fair value of the shares on the date of settlement was recorded as an addition to treasury stock and $3.1 million, net of settlement costs, was recorded as a non-operating gain.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Appendix F
-Paragraph F4
-Subparagraph e

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6911361&loc=d3e6927-128479

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6972119&loc=d3e1490-128463

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6911361&loc=d3e7008-128479

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 2
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Topic 805
-SubTopic 10
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6972119&loc=d3e1392-128463

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6911361&loc=d3e7000-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6972119&loc=d3e1383-128463

+ Details

Restricted Cash Level 1 (Notes)

12 Months Ended

Dec. 31, 2011

RESTRICTED CASH [Abstract]

Restricted Assets Disclosure [Text Block]

RESTRICTED CASH

The restricted cash balances as of December 31, 2011 and 2010 were as follows:



	As of December 31,
(in thousands)	2011		2010
Cash held in trust and/or cash held on behalf of others	$	53,883	$	89,188
Collateral on bank credit arrangements and other	19,422		19,529
Total	$	73,305	$	108,717

Cash held in trust and/or cash held on behalf of others is in connection with the administration of the customer collection and vendor remittance activities in the epay Segment. Amounts collected on behalf of certain mobile phone operators are deposited into a restricted cash account. The bank credit arrangements primarily represent cash collateral on deposit with commercial banks to cover guarantees.

Propert and Equipment, net Level 1 (Notes)

12 Months Ended

Dec. 31, 2011

PROPERTY AND EQUIPMENT, NET [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT, NET

The components of property and equipment, net of accumulated depreciation and amortization as of December 31, 2011 and 2010 are as follows:



	As of December 31,
(in thousands)	2011			2010
ATMs	$	95,415		$	92,227
POS terminals	49,494			43,618
Vehicles and office equipment	44,899			40,523
Computers and software	88,327			81,253
Land and buildings	640			—
	278,775			257,621
Less accumulated depreciation and amortization	(175,875		)	(166,094		)
Total	$	102,900		$	91,527

Depreciation and amortization expense related to property and equipment, including property and equipment recorded under capital leases, for the years ended December 31, 2011, 2010 and 2009 was $35.4 million, $31.8 million and $30.4 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

Goodwill and Acquired Intangible Assets, Net

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

Goodwill represents the excess of the purchase price of the acquired business over the estimated fair value of the underlying net tangible and intangible assets acquired. The following table summarizes intangible assets as of December 31, 2011 and 2010:



	As of December 31, 2011				As of December 31, 2010
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships	$	178,572	$	111,589	$	156,755	$	95,041
Trademarks and trade names	43,401		11,232		41,839		9,024
Software	5,771		5,233		5,621		4,872
Non-compete agreements	1,253		1,065		1,330		789
Total	$	228,997	$	129,119	$	205,545	$	109,726

The following table summarizes the goodwill and amortizable intangible assets activity for the years ended December 31, 2010 and 2011:



(in thousands)	Acquired Intangible Assets			Goodwill			Total Intangible Assets
Balance as of January 1, 2010	$	112,948		$	504,650		$	617,598
Increases (decreases):
2010 acquisitions	9,739			27,965			37,704
Impairment	—			(70,925		)	(70,925		)
Amortization	(23,190		)	—			(23,190		)
Other (primarily changes in foreign currency exchange rates)	(3,678		)	(15,977		)	(19,655		)
Balance as of December 31, 2010	$	95,819		$	445,713		$	541,532
Increases (decreases):
2011 acquisitions	28,616			56,855			85,471
Amortization	(22,223		)	—			(22,223		)
Other (primarily changes in foreign currency exchange rates)	(2,334		)	(13,940		)	(16,274		)
Balance as of December 31, 2011	$	99,878		$	488,628		$	588,506

The Company performs its annual goodwill impairment test during the fourth quarter of each year and the results of the tests completed in the fourth quarter of 2011 and 2009 resulted in no impairment charges.

As a result of the 2010 annual goodwill impairment test, the Company recorded a non-cash goodwill impairment charge of $70.9 million. The results from the fourth quarter 2010 test reflected continuing declines in profitability for certain reporting units of the epay Segment in Central and Western Europe. While these decreases were primarily driven by general economic conditions in the respective markets, recent developments led the Company to conclude that its ability to recover from these declines would be more difficult for its epay reporting units in the U.K., Spain and Romania. The U.K. reporting unit primarily provides prepaid mobile airtime top-up services in a mature market with limited growth for these services and at the end of 2010 had experienced protracted declines in the volume of transactions processed. While new product offerings in the U.K. provided a significant opportunity, the dependence on top-up services was expected to hamper the unit's overall growth. In Spain, the general economic conditions led the Company to conclude that the profitability of its Spanish epay unit would grow more slowly and take longer to recover than its other European epay units. Finally, while the operating results of the Romanian epay unit improved during 2010, the unit had recently experienced strong pressure on its gross margins. In light of these developments, during the fourth quarter of 2010, the Company recorded goodwill impairment charges of $58.2 million related to the U.K., $11.2 million related to Spain and $1.5 million related to Romania. In performing the annual goodwill impairment test, management must apply judgment in determining the estimated fair value of a business and uses all available information to make these fair value determinations, including discounted projected future cash flow analysis using discount rates commensurate with the risks involved in the assets, together with comparable sales prices that the Company or another purchaser would likely pay for the respective assets.

During the fourth quarter 2008, the Company recorded an estimated goodwill impairment charge related to the Ria money transfer business acquired in April 2007. During the first quarter of 2009, the Company completed the measurement of the impairment loss and recorded an additional $8.8 million non-cash charge. In a related assessment in accordance with ASC 360-10-35, it was determined that certain intangible assets of the Ria money transfer business were impaired and the Company recorded an estimated impairment charge in 2008 related to those assets. In the first quarter of 2009, the Company recorded an additional $1.1 million non-cash impairment charge related to a money transfer intangible asset.

Of the total goodwill balance of $488.6 million as of December 31, 2011, $237.0 million relates to the Money Transfer Segment, $218.4 million relates to the epay Segment and the remaining $33.2 million relates to the EFT Processing Segment. Amortization expense for intangible assets with finite lives was $22.2 million, $23.2 million and $23.3 million for the years ended December 31, 2011, 2010 and 2009, respectively. Estimated annual amortization expense, before income taxes, on intangible assets with finite lives as of December 31, 2011, is expected to total $21.9 million for 2012, $17.4 million for 2013, $14.8 million for 2014, $9.6 million for 2015 and $8.0 million for 2016.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Accrued Expenses Level 1 (Notes)

12 Months Ended

Dec. 31, 2011

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]

Other Liabilities Disclosure [Text Block]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

The balances as of December 31, 2011 and 2010 were as follows:



	As of December 31,
(in thousands)	2011		2010
Accrued expenses	$	60,819	$	55,601
Accrued amounts due to mobile operators	113,377		131,194
Money transfer settlement obligations	40,188		30,678
Deferred income taxes	2,410		533
Total	$	216,794	$	218,006

Debt Obligations

12 Months Ended

Dec. 31, 2011

Debt Disclosure [Abstract]

DEBT OBLIGATIONS

Short-term debt obligations

There were $1.0 million and $0.6 million of short-term debt obligations outstanding as of December 31, 2011 and 2010, respectively, with a weighted average interest rate of 7.3% and 5.9%, respectively.

Long-term debt obligations

Long-term debt obligations consist of the following as of December 31, 2011 and 2010:



	As of December 31,
(in thousands)	2011			2010
3.50% convertible debentures, unsecured, due 2025	$	165,173		$	161,005
Term loan, due 2016	79,000			—
Revolving credit agreements	87,194			—
Term loan, due 2014	—			127,000
	331,367			288,005
Less current maturities of long-term debt obligations	(169,673		)	(1,900		)
Long-term debt obligations	$	161,694		$	286,105

On August 18, 2011, the Company and certain of its subsidiaries entered into an Amended and Restated Credit Agreement (the "Credit Agreement") with a lending syndicate consisting of nine banks (the "Lenders") with Bank of America, N.A. serving as Administrative Agent and Collateral Agent and U.S. Bank National Association serving as Syndication Agent. Under the Credit Agreement, the Lenders have made available a $355 million senior secured credit facility (the "Credit Facility") consisting of a $265 million five-year revolving credit facility, a $10 million five-year India revolving credit facility and an $80 million five-year term loan which was fully drawn at closing. The revolving credit facility allows for borrowings in U.S. dollars, euro, British pound sterling, Australian dollars and/or Indian rupees. The Credit Agreement amends and extends the credit agreement dated as of April 4, 2007 and all subsequent amendments thereto, which consisted of a $100 million revolving line of credit and $126 million outstanding term loan maturing April 2012 and 2014, respectively.

The $265 million revolving credit facility contains a $200 million sublimit for the issuance of letters of credit and a $25 million sublimit for swingline loans. Subject to certain conditions, the Company has the option to increase the Credit Facility by up to an additional $205 million by requesting additional commitments from existing or new lenders. Fees and interest on borrowings vary based upon the Company's consolidated total leverage ratio (as defined in the Credit Agreement) and will be based, in the case of letter of credit fees, on a margin, and in the case of interest, on a margin over London Inter-Bank Offered Rate (“LIBOR”) or a margin over the base rate, as selected by the Company, with the applicable margin ranging from 1.5% to 2.5% (or 0.5% to 1.5% for base rate loans). The base rate is the highest of (i) the Bank of America prime rate, (ii) the Federal Funds rate plus 0.50% or (iii) the Fixed LIBOR rate plus 1.00%. The term loan is subject to scheduled quarterly amortization payments, as set forth in the Credit Agreement. The maturity date for the Credit Facility is five years from the closing date, at which time the outstanding principal balance and all accrued interest will be due and payable in full. The weighted average interest rate of the Company's borrowings was 2.8% under the revolving credit facility and 2.3% under the term loan as of December 31, 2011. Financing costs of $4.4 million have been deferred and are being amortized over the terms of the respective loans and $1.7 million were written off and included in loss on early retirement of debt in the Consolidated Statement of Operations.

The Credit Agreement contains customary affirmative and negative covenants, events of default and financial covenants, including (all as defined in the Credit Agreement): (i) a Consolidated Total Leverage Ratio not to exceed 4.0 to 1.0; (ii) a Consolidated Senior Secured Leverage Ratio not to exceed 3.0 to 1.0; and (iii) a Consolidated Fixed Charge Coverage Ratio of not less than 1.5 to 1.0. Subject to meeting certain leverage ratio and liquidity requirements (as defined in the Credit Agreement), the Company is permitted to pay dividends, repurchase common stock and repurchase subordinated debt.

The Company and certain subsidiaries have guaranteed the repayment of obligations under the Credit Facility and have granted pledges of the shares of certain subsidiaries along with a security interest in certain other personal property collateral of the Company and certain subsidiaries.

On October 4, 2005, the Company completed the sale of $175.0 million of 3.50% Contingent Convertible Debentures Due 2025 (“Convertible Debentures”). The Convertible Debentures have an interest rate of 3.50% per annum payable semi-annually in April and October, and are convertible into shares of Euronet Common Stock at a conversion price of $40.48 per share if certain conditions are met (relating to the closing prices of Euronet Common Stock exceeding certain thresholds for specified periods). The Convertible Debentures may not be redeemed by the Company until October 20, 2012 but are redeemable at any time thereafter at par. Holders of the Convertible Debentures have the option to require the Company to purchase their debentures at par on October 15, 2012, 2015 and 2020, or upon a change in control of the Company. These terms and other material terms and conditions applicable to the Convertible Debentures are set forth in the indenture governing the debentures. In connection with the Convertible Debentures, the Company recorded $5.1 million in debt issuance costs, which is being amortized over seven years, the term of the initial put option by the holders of the Convertible Debentures. The Convertible Debentures are general unsecured obligations, and are subordinated in right of payment to all obligations under “Senior Debt,” which is defined to include secured credit facilities (including secured replacements, renewals or refinancings thereof, including with different lenders and in higher amounts) and will rank equally in right of payment with all other existing and future unsecured obligations and senior in right of payment to all future subordinated indebtedness. The Convertible Debentures will be effectively subordinated to any existing and future secured indebtedness, with respect to any collateral securing such indebtedness and all liabilities of Euronet's subsidiaries. The Convertible Debentures are not guaranteed by any of Euronet's subsidiaries and, accordingly, are effectively subordinated to the indebtedness and other liabilities of Euronet's subsidiaries, including trade creditors. The Company and its subsidiaries are not restricted under the indenture from incurring additional secured indebtedness, Senior Debt or other additional indebtedness.

In September 2011, the Company repurchased $3.6 million in principal amount of the 3.50% convertible debentures which resulted in a loss on early retirement of debt of $0.2 million. The 3.50% convertible debentures had principal amounts outstanding of $171.4 million and $175.0 million and unamortized discounts outstanding of $6.3 million and $14.0 million as of December 31, 2011 and 2010, respectively. The discount will be amortized through October 15, 2012. Contractual interest expense was $6.1 million for each of the years ended December 31, 2011, 2010 and 2009. Discount accretion was $7.6 million, $7.1 million and $6.5 million for the years ended December 31, 2011, 2010 and 2009, respectively. The effective interest rate was 8.4% for the years ended December 31, 2011, 2010 and 2009.

On December 15, 2004, the Company completed the sale of $140.0 million of 1.625% Contingent Convertible Senior Debentures Due 2024 (“Convertible Senior Debentures”). During the year ended December 31, 2009, the Company repurchased in privately negotiated transactions $25.8 million in principal amount of the Convertible Senior Debentures which resulted in $0.2 million in pre-tax losses on early retirement of debt, net of the write-off of unamortized debt issuance costs. Effective December 15, 2009, most of the holders of the Convertible Senior Debentures exercised their option to require the Company to purchase their debentures at par and $43.0 million in principal amount were purchased. The Company elected to redeem the remaining$1.2 million of outstanding debentures at par in January 2010, along with accrued interest at the rate of 1.625% per annum. Contractual interest expense and discount accretion for the 1.625% convertible debentures was $1 thousand for the year ended December 31, 2010 and $3.4 million for the year ended December 31, 2009. The effective interest rate was 1.625% for the year ended December 31, 2010 and 7.1% for the year ended December 31, 2009.

As of December 31, 2011, the Company had $87.2 million in borrowings and $35.3 million in stand-by letters of credit/bank guarantees outstanding against the revolving credit facility. As of December 31, 2010, the Company had no borrowings and $41.7 million in stand-by letters of credit/bank guarantees outstanding against the revolving credit facility. Stand-by letters of credit/bank guarantees are generally used to secure trade credit and performance obligations. The Company pays an interest rate for stand-by letters of credit/bank guarantees at a rate that adjusts each quarter based upon the Company's consolidated total leverage ratio. At December 31, 2011, the stand-by letter of credit interest charges were 2.0% per annum. Because the revolving credit agreements expire beyond one year, the borrowings were classified as long-term debt obligations in the Consolidated Balance Sheets.

As of December 31, 2011, aggregate annual maturities of long-term debt are $175.9 million in 2012, $6.5 million in 2013, $8.5 million in 2014, $11.5 million in 2015 and $135.2 million in 2016. This maturity schedule reflects the term loan and revolving credit facilities maturing in 2016 and the 3.5% Convertible Debentures maturing in 2012, coinciding with the terms of the initial put option by the holders of the debentures.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Derivative Instruments and Hedging Activities

12 Months Ended

Dec. 31, 2011

Derivative Instruments and Hedges, Assets [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

As of December 31, 2011 and 2010, the Company had foreign currency forward contracts outstanding with a notional value of $67.8 million and $63.3 million, respectively, primarily in euros and U.S. dollars, which were not designated as hedges and had a weighted average remaining maturity of 3.8 days and 5.3 days, respectively. Although the Company enters into foreign currency forward contracts to offset foreign currency exposure related to the notional value of money transfer transactions collected in currencies other than the U.S. dollar, they are not designated as hedges under ASC Topic 815, Derivatives and Hedging. This is mainly due to the relatively short duration of the contracts, typically 1 to 14 days, and the frequency with which the Company enters into them. Due to the short duration of the contracts and the Company’s credit profile, the Company is generally not required to post collateral with respect to its foreign currency forward contracts.

The Company has an office lease in a foreign country that requires payment in a currency that is not the functional currency of either party to the lease or the Company’s reporting currency. Therefore, the lease contains an embedded derivative per ASC Topic 815 and the fair value of the embedded derivative is recorded in the Consolidated Balance Sheets.

During 2007, the Company entered into interest rate swap agreements for a total notional amount of $50.0 million to manage interest rate exposure related to a portion of the term loan. The interest rate swap agreements were determined to be cash flow hedges and effectively converted $50.0 million of the existing term loan to a fixed interest rate of 7.3% through the May 2009 maturity date of the swap agreements. The swap agreements required no payment by either party at their maturities.

The required tabular disclosures for derivative instruments are as follows:



		Fair Values of Derivative Instruments as of
(in thousands)	Consolidated Balance Sheet Location	December 31, 2011			December 31, 2010
Derivatives not designated as hedging instruments under ASC Topic 815
		Liability Derivatives
Foreign currency derivative contracts — gross gains	Other current liabilities	$	100		$	51
Foreign currency derivative contracts — gross losses	Other current liabilities	(178		)	(547		)
Embedded derivative in foreign lease	Other long-term liabilities	(141		)	(144		)
Total derivatives		$	(219	)	$	(640	)



		Amount of Gain (Loss) Recognized in Income on Derivative
	Location of Gain (Loss) Recognized in Income on Derivative	Year Ended December 31,
(in thousands)	Location of Gain (Loss) Recognized in Income on Derivative	2011			2010		2009
Derivatives not designated as hedging instruments under ASC Topic 815
Foreign currency derivative contracts	Foreign currency exchange gain (loss), net	$	(23	)	$	1,055	$	(41	)
Embedded derivative in foreign lease	Foreign currency exchange gain (loss), net	3			76		(220		)
Total		$	(20	)	$	1,131	$	(261	)



	Amount of Gain Recognized in OCI on Derivative (Effective Portion)
	Year Ended December 31,
(in thousands)	2011		2010		2009
Derivatives in ASC Topic 815 Cash Flow Hedging Relationships
Interest rate swaps related to floating rate debt	$	—	$	—	$	830

See Note 17, Fair Value Measurements, for the determination of the fair values of derivativ

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Leases Level 1 (Notes)

12 Months Ended

Dec. 31, 2011

Leases [Abstract]

Leases of Lessee Disclosure [Text Block]

LEASES

(a) Capital leases

The Company leases certain of its ATMs and computer equipment under capital lease agreements that expire between 2012 and 2015 and bear interest at rates between 3.2% and 26.2%. The lessors for these leases hold a security interest in the equipment leased under the respective capital lease agreements. Lease installments are paid on a monthly, quarterly or semi-annual basis. Certain leases contain a bargain purchase option at the conclusion of the lease period.

The gross amount of the ATMs and computer equipment and related accumulated amortization recorded within property and equipment and subject to capital leases as of December 31, 2011 and 2010 were as follows:



	As of December 31,
(in thousands)	2011			2010
ATMs	$	11,882		$	29,866
Other	1,511			444
Subtotal	13,393			30,310
Less accumulated amortization	(6,512		)	(20,998		)
Total	$	6,881		$	9,312

Non-cash financing and investing activities for the years ended December 31, 2011, 2010 and 2009 represented capital lease obligations of $4.6 million, $1.4 million and $0.7 million, respectively, incurred when the Company entered into leases primarily for new ATMs, to upgrade ATMs or for data center computer equipment.

(b) Operating leases

The Company has non-cancelable operating leases that expire between 2012 and 2021. Rent expense for the years ended December 31, 2011, 2010 and 2009 amounted to $40.4 million, $30.3 million and $25.6 million, respectively.

Future minimum lease payments under the capital leases and the non-cancelable operating leases (with initial lease terms in excess of one year) as of December 31, 2011 are:



(in thousands)	Capital Leases			Operating Leases
Year ending December 31,
2012	$	2,609		$	29,172
2013	1,888			26,044
2014	1,418			21,220
2015	994			16,498
2016	—			11,279
thereafter	—			12,244
Total minimum lease payments	6,909			$	116,457
Less amounts representing interest	(482		)
Present value of net minimum capital lease payments	6,427
Less current portion of obligations under capital leases	(2,178		)
Obligations under capital leases, less current portion	$	4,249

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References + Details

Income Taxes

12 Months Ended

Dec. 31, 2011

Income Tax Disclosure [Abstract]

INCOME TAXES

TAXES

Deferred tax assets and liabilities are determined based on the taxable temporary differences between the financial statement and tax bases of assets and liabilities as measured by the enacted tax rates which will be in effect when these differences reverse. Deferred tax benefit (expense) is generally the result of changes in the assets and liabilities for deferred taxes.

The sources of income (loss) before income taxes for the years ended December 31, 2011, 2010 and 2009 are presented as follows:



	Year Ended December 31,
(in thousands)	2011			2010			2009
Income (loss) from continuing operations:
United States	$	(9,300	)	$	(13,149	)	$	(5,768	)
Europe	45,452			(26,494		)	36,611
Asia Pacific	19,253			20,834			26,216
Other	7,387			3,791			114
Income (loss) from continuing operations before income taxes	62,792			(15,018		)	57,173
Discontinued operations - Europe	—			—			1,222
Total income (loss) before income taxes	$	62,792		$	(15,018	)	$	58,395

The Company's income tax expense for the years ended December 31, 2011, 2010 and 2009 attributable to continuing operations consisted of the following:



	Year Ended December 31,
(in thousands)	2011	2010