$PRTH
Priority Technology Holdings, Inc.

2020 Q2 Form 10-Q Financial Statement

#000165355820000140 Filed on August 14, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $92.36M $92.14M
YoY Change 0.23% -0.59%
Cost Of Revenue $62.40M $62.00M
YoY Change 0.64%
Gross Profit $29.96M $30.14M
YoY Change -0.6%
Gross Profit Margin 32.44% 32.71%
Selling, General & Admin $6.008M $7.586M
YoY Change -20.8% -3.34%
% of Gross Profit 20.05% 25.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.900M $1.600M
YoY Change 18.75% 33.33%
% of Gross Profit 6.34% 5.31%
Operating Expenses $88.33M $89.71M
YoY Change -1.54% -0.04%
Operating Profit $4.031M $2.436M
YoY Change 65.48% -17.51%
Interest Expense $11.67M $10.78M
YoY Change 8.28% 41.23%
% of Operating Profit 289.46% 442.36%
Other Income/Expense, Net -$11.47M -$10.64M
YoY Change 7.86% 20.43%
Pretax Income -$7.400M -$8.200M
YoY Change -9.76% -5.75%
Income Tax $415.0K $5.928M
% Of Pretax Income
Net Earnings -$7.858M -$14.13M
YoY Change -44.39% 140.31%
Net Earnings / Revenue -8.51% -15.34%
Basic Earnings Per Share -$0.12
Diluted Earnings Per Share -$0.12 -$210.1K
COMMON SHARES
Basic Shares Outstanding 67.11M shares 67.01M shares
Diluted Shares Outstanding 67.11M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.900M $5.500M
YoY Change 7.27%
Cash & Equivalents $51.00M $27.21M
Short-Term Investments
Other Short-Term Assets $48.40M $26.70M
YoY Change 81.27%
Inventory
Prepaid Expenses
Receivables $35.33M $49.56M
Other Receivables $1.800M $1.100M
Total Short-Term Assets $91.38M $82.88M
YoY Change 10.25%
LONG-TERM ASSETS
Property, Plant & Equipment $24.13M $21.03M
YoY Change 14.72%
Goodwill $109.5M $109.5M
YoY Change 0.0%
Intangibles $168.8M $195.9M
YoY Change -13.85%
Long-Term Investments
YoY Change
Other Assets $518.0K $1.719M
YoY Change -69.87% -96.69%
Total Long-Term Assets $358.3M $377.4M
YoY Change -5.06% 627.23%
TOTAL ASSETS
Total Short-Term Assets $91.38M $82.88M
Total Long-Term Assets $358.3M $377.4M
Total Assets $449.7M $460.3M
YoY Change -2.31% 786.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.100M $6.200M
YoY Change -17.74% 675.0%
Accrued Expenses $28.60M $30.20M
YoY Change -5.3%
Deferred Revenue $1.644M $1.738M
YoY Change -5.41%
Short-Term Debt $0.00 $14.00M
YoY Change -100.0% 2700.0%
Long-Term Debt Due $11.72M $4.007M
YoY Change 192.59%
Total Short-Term Liabilities $96.16M $80.38M
YoY Change 19.63% 6083.15%
LONG-TERM LIABILITIES
Long-Term Debt $480.6M $472.5M
YoY Change 1.72%
Other Long-Term Liabilities $6.398M $8.030M
YoY Change -20.32% 630.0%
Total Long-Term Liabilities $487.0M $480.5M
YoY Change 1.35% 43584.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $96.16M $80.38M
Total Long-Term Liabilities $487.0M $480.5M
Total Liabilities $583.2M $560.9M
YoY Change 3.97% 23271.42%
SHAREHOLDERS EQUITY
Retained Earnings -$141.4M -$106.1M
YoY Change 33.25%
Common Stock $68.00K $67.00K
YoY Change 1.49%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.388M $2.388M
YoY Change 0.0%
Treasury Stock Shares 451.2K shares
Shareholders Equity -$139.2M -$106.3M
YoY Change
Total Liabilities & Shareholders Equity $449.7M $460.3M
YoY Change -2.31% 786.92%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$7.858M -$14.13M
YoY Change -44.39% 140.31%
Depreciation, Depletion And Amortization $1.900M $1.600M
YoY Change 18.75% 33.33%
Cash From Operating Activities $17.07M $4.960M
YoY Change 244.15% -12500.0%
INVESTING ACTIVITIES
Capital Expenditures -$4.310M -$4.600M
YoY Change -6.3%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$3.000M
YoY Change -100.0% -181.08%
Cash From Investing Activities -$4.310M -$7.600M
YoY Change -43.29% -305.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.500M 610.0K
YoY Change -345.9% -116.49%
NET CHANGE
Cash From Operating Activities 17.07M 4.960M
Cash From Investing Activities -4.310M -7.600M
Cash From Financing Activities -1.500M 610.0K
Net Change In Cash 11.26M -2.030M
YoY Change -654.68% 4975.0%
FREE CASH FLOW
Cash From Operating Activities $17.07M $4.960M
Capital Expenditures -$4.310M -$4.600M
Free Cash Flow $21.38M $9.560M
YoY Change 123.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
803000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
529000 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Entity Central Index Key
EntityCentralIndexKey
0001653558
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67512167 shares
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67565359 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67060943 shares
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67114135 shares
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2019 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
14000000 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
3500000 USD
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
451224 shares
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
451224 shares
CY2019Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7900000 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-37872
dei Entity Registrant Name
EntityRegistrantName
Priority Technology Holdings, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-4257046
dei Entity Address Address Line1
EntityAddressAddressLine1
2001 Westside Parkway
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 155
dei Entity Address City Or Town
EntityAddressCityOrTown
Alpharetta,
dei Entity Address State Or Province
EntityAddressStateOrProvince
GA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
30004
dei City Area Code
CityAreaCode
(800)
dei Local Phone Number
LocalPhoneNumber
935-5964
dei Security12b Title
Security12bTitle
Common stock, par value $0.001
dei Trading Symbol
TradingSymbol
PRTH
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
67167327 shares
CY2020Q2 us-gaap Cash
Cash
5854000 USD
CY2019Q4 us-gaap Cash
Cash
3234000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
45146000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
47231000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
35332000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
37993000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2928000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3897000 USD
CY2020Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1789000 USD
CY2019Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1326000 USD
CY2020Q2 us-gaap Settlement Assets Current
SettlementAssetsCurrent
327000 USD
CY2019Q4 us-gaap Settlement Assets Current
SettlementAssetsCurrent
533000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
91376000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
94214000 USD
CY2020Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
4826000 USD
CY2019Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
4395000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24127000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
93004000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6612000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
480639000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23518000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
109515000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
109515000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
168751000 USD
CY2019Q4 prth Contract With Customer Liability Current And Other
ContractWithCustomerLiabilityCurrentAndOther
4928000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
11724000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4007000 USD
CY2020Q2 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
39167000 USD
CY2019Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
37789000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
96160000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
485578000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6398000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
182826000 USD
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
50586000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
49657000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
518000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
380000 USD
CY2020Q2 us-gaap Assets
Assets
449699000 USD
CY2019Q4 us-gaap Assets
Assets
464505000 USD
CY2020Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
19953000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
26965000 USD
CY2020Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
22434000 USD
CY2019Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
19315000 USD
CY2020Q2 prth Contract With Customer Liability Current And Other
ContractWithCustomerLiabilityCurrentAndOther
2882000 USD
CY2020Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
487037000 USD
CY2019Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
492190000 USD
CY2020Q2 us-gaap Liabilities
Liabilities
583197000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
585194000 USD
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
68000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
68000 USD
CY2020Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4569000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3651000 USD
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2388000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2388000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-141401000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-127674000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-139152000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-126343000 USD
CY2020Q2 us-gaap Minority Interest
MinorityInterest
5654000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
449699000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
464505000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
5654000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-133498000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-120689000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
20635000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18686000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6008000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7586000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12617000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92356000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92142000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189289000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
179788000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
62398000 USD
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
62003000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
128762000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
122109000 USD
CY2020Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9556000 USD
CY2019Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
10356000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
19685000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
21255000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10363000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9761000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14336000 USD
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
88325000 USD
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
89706000 USD
us-gaap Costs And Expenses
CostsAndExpenses
181699000 USD
us-gaap Costs And Expenses
CostsAndExpenses
176386000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4031000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2436000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7590000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
3402000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
11668000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
10776000 USD
us-gaap Interest Expense
InterestExpense
21983000 USD
us-gaap Interest Expense
InterestExpense
20139000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
194000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
138000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-152000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
365000 USD
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11474000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10638000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-22135000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-19774000 USD
CY2020Q2 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-7443000 USD
CY2019Q2 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-8202000 USD
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-14545000 USD
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-16372000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
415000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5928000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-818000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4204000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-7858000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-14130000 USD
us-gaap Net Income Loss
NetIncomeLoss
-13727000 USD
us-gaap Net Income Loss
NetIncomeLoss
-20576000 USD
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.12
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67114000 shares
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67094000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67088000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67161000 shares
us-gaap Net Income Loss
NetIncomeLoss
-13727000 USD
us-gaap Net Income Loss
NetIncomeLoss
-20576000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20635000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18686000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1026000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2183000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1116000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
819000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3569000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3721000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2642000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
7943000 USD
prth Paid In Kind Interest Added To Principal Of Debt Obligations
PaidInKindInterestAddedToPrincipalOfDebtObligations
-3415000 USD
prth Paid In Kind Interest Added To Principal Of Debt Obligations
PaidInKindInterestAddedToPrincipalOfDebtObligations
-2479000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-206000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
162000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-974000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3913000 USD
prth Increase Decrease In Settlement Assets
IncreaseDecreaseInSettlementAssets
-1584000 USD
prth Increase Decrease In Settlement Assets
IncreaseDecreaseInSettlementAssets
-5184000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-851000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
194000 USD
us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
888000 USD
us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
150000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1845000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4909000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
292000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92356000 USD
prth Increase Decrease In Contract With Customer Liability Current And Other
IncreaseDecreaseInContractWithCustomerLiabilityCurrentAndOther
-2046000 USD
prth Increase Decrease In Contract With Customer Liability Current And Other
IncreaseDecreaseInContractWithCustomerLiabilityCurrentAndOther
343000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
552000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4000000 USD
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
7000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
14000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
69650000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2003000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9822000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3720000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4249000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5352000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3286000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
81240000 USD
us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
0 USD
us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
3000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
184000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7535000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-89776000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1825000 USD
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
2749000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2388000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1752000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
79437000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
535000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6619000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50465000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33831000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51000000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27212000 USD
us-gaap Interest Paid Net
InterestPaidNet
17032000 USD
us-gaap Interest Paid Net
InterestPaidNet
16595000 USD
prth Paid In Kind Interest Added To Principal Of Debt Obligations
PaidInKindInterestAddedToPrincipalOfDebtObligations
-3415000 USD
prth Paid In Kind Interest Added To Principal Of Debt Obligations
PaidInKindInterestAddedToPrincipalOfDebtObligations
-2479000 USD
prth Payment Of Accrued Contingent Consideration For Asset Acquisition From Offset Of Accounts Receivable
PaymentOfAccruedContingentConsiderationForAssetAcquisitionFromOffsetOfAccountsReceivable
1686000 USD
prth Payment Of Accrued Contingent Consideration For Asset Acquisition From Offset Of Accounts Receivable
PaymentOfAccruedContingentConsiderationForAssetAcquisitionFromOffsetOfAccountsReceivable
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1284000 USD
prth Intangible Assets Acquired By Non Controlling Interest Entity
IntangibleAssetsAcquiredByNonControllingInterestEntity
0 USD
prth Intangible Assets Acquired By Non Controlling Interest Entity
IntangibleAssetsAcquiredByNonControllingInterestEntity
5654000 USD
CY2020Q2 us-gaap Cash
Cash
5854000 USD
CY2019Q2 us-gaap Cash
Cash
5519000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
45146000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
21693000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51000000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27212000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reported period. Actual results could differ materially from those estimates. </span>In particular, the magnitude, duration and effects of the COVID-19 pandemic are difficult to predict at this time, and the ultimate effect could result in future charges related to the recoverability of assets, including financial assets, long-lived assets, goodwill, and other losses
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Comparability of Reporting Periods</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior period amounts in these unaudited condensed consolidated financial statements have been reclassified to conform to the current period presentation, with no net effect on income from operations, loss before income taxes, net loss, stockholders' deficit, or cash flows from operations, investing, or financing activities for any period presented. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company adopted Accounting Standards Codification ("ASC") 606, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</span><span style="font-family:inherit;font-size:10pt;">, for the 2019 annual reporting period included in its Annual Report on Form 10-K for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> using the full retrospective transition method. Accordingly, the unaudited condensed consolidated statement of operations for the </span><span style="font-family:inherit;font-size:10pt;">three months and six months</span><span style="font-family:inherit;font-size:10pt;"> ended </span><span style="font-family:inherit;font-size:10pt;">June 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> presented herein has been recasted to retroactively reflect the provisions of ASC 606. The adoption of ASC 606 had no net effect on the Company's income from operations, loss before income taxes, net loss, consolidated balance sheet, or cash flows from operations, investing, or financing activities. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1738000 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1738000 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1776000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92142000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189289000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
179788000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1644000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1912000 USD
prth Merchant Reserves Held By Sponsor Banks
MerchantReservesHeldBySponsorBanks
85500000 USD
CY2019 prth Merchant Reserves Held By Sponsor Banks
MerchantReservesHeldBySponsorBanks
79800000 USD
CY2019Q4 us-gaap Settlement Assets Current
SettlementAssetsCurrent
533000 USD
CY2020Q2 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
39167000 USD
CY2019Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
37789000 USD
CY2020Q2 us-gaap Settlement Assets Current
SettlementAssetsCurrent
327000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
109515000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
109515000 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
307715000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
304875000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
138964000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
122049000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
168751000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
182826000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16900000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15600000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60921000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
56695000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36794000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
33177000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24127000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23518000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
1900000 USD
us-gaap Depreciation
Depreciation
3700000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
1600000 USD
us-gaap Depreciation
Depreciation
3000000.0 USD
CY2020Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
5057000 USD
CY2019Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
6968000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6154000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6950000 USD
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
499891000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
495479000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
11724000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4007000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
485578000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
7528000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
5894000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
480639000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
11724000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
43668000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
346098000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
98401000 USD
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
499891000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
11700000 USD
us-gaap Interest Expense
InterestExpense
22000000.0 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
10800000 USD
us-gaap Interest Expense
InterestExpense
20100000 USD
CY2020Q1 prth Capitalized Lender Fees
CapitalizedLenderFees
2700000 USD
CY2020Q1 prth Debt Instrument Unamortized Discount Including Capitalized Fees.Net Of Amortization Expense
DebtInstrumentUnamortizedDiscountIncludingCapitalizedFees.NetOfAmortizationExpense
5600000 USD
CY2020Q2 prth Amortization Of Debt Discount Premium And Debt Issuance Costs
AmortizationOfDebtDiscountPremiumAndDebtIssuanceCosts
700000 USD
prth Amortization Of Debt Discount Premium And Debt Issuance Costs
AmortizationOfDebtDiscountPremiumAndDebtIssuanceCosts
1100000 USD
CY2019Q2 prth Amortization Of Debt Discount Premium And Debt Issuance Costs
AmortizationOfDebtDiscountPremiumAndDebtIssuanceCosts
400000 USD
prth Amortization Of Debt Discount Premium And Debt Issuance Costs
AmortizationOfDebtDiscountPremiumAndDebtIssuanceCosts
800000 USD
CY2020Q1 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
400000 USD
prth Debt Covenant Maximum Net Leverage Ratio
DebtCovenantMaximumNetLeverageRatio
7.75
CY2020Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
109000 USD
CY2019Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
85000 USD
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-1540000 USD
us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
2638000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
415000 USD
CY2020Q2 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 USD
CY2019Q2 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
2638000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
109000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-18000 USD
CY2020Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1870000 USD
CY2019Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2100000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3569000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3721000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
2176000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
5305000 USD
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
4182000 USD
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
5305000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5928000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-818000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4204000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.056
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.056
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.723
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.257
CY2020Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2200000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2600000 USD
us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-1500000 USD
CY2020Q2 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
2200000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
4100000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7900000 USD
CY2019Q2 prth Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Liability Deferred Tax Assets
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalLiabilityDeferredTaxAssets
2700000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
5200000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7900000 USD
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
14000000.0 USD
CY2019 prth Numberof Agreements
NumberofAgreements
2 agreement
CY2019 prth Numberof Agreements
NumberofAgreements
2 agreement
CY2019 prth Reseller Arrangement Period
ResellerArrangementPeriod
P5Y
CY2019 prth Reseller Arrangement Period
ResellerArrangementPeriod
P5Y
CY2019 prth Numberof Agreements
NumberofAgreements
2 agreement
CY2019Q1 prth Asset Acquisition Intangible Assets
AssetAcquisitionIntangibleAssets
15200000 USD
CY2019Q1 prth Asset Acquisition Intangible Assets
AssetAcquisitionIntangibleAssets
15200000 USD
CY2019Q1 prth Contingent Cash Payments For Asset Acquisitions
ContingentCashPaymentsForAssetAcquisitions
6400000 USD
prth Asset Acquisition Contingent Consideration
AssetAcquisitionContingentConsideration
2100000 USD
CY2019Q1 prth Contingent Cash Payments For Asset Acquisitions
ContingentCashPaymentsForAssetAcquisitions
6400000 USD
CY2020Q2 prth Asset Acquisition Contingent Consideration
AssetAcquisitionContingentConsideration
800000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10363000 USD
CY2019Q1 prth Redeemable Noncontrolling Interest Equity Preferred Annual Preferred Yield Percent
RedeemableNoncontrollingInterestEquityPreferredAnnualPreferredYieldPercent
0.060
CY2019Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Redemption Value
RedeemableNoncontrollingInterestEquityPreferredRedemptionValue
4500000 USD
CY2019Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Redemption Value
RedeemableNoncontrollingInterestEquityPreferredRedemptionValue
4500000 USD
CY2020Q2 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
3500000 USD
CY2019Q2 prth Notes Loans And Financing Receivable Gross Maximum Loan Commitment Available For Future Issuance Noncurrent
NotesLoansAndFinancingReceivableGrossMaximumLoanCommitmentAvailableForFutureIssuanceNoncurrent
10000000.0 USD
CY2019Q2 prth Notes Loans And Financing Receivable Gross Noncurrent Annual Interest Rate
NotesLoansAndFinancingReceivableGrossNoncurrentAnnualInterestRate
0.120
CY2020Q2 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
56000 USD
us-gaap Interest Income Related Party
InterestIncomeRelatedParty
110000 USD
CY2019Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Redemption Value
RedeemableNoncontrollingInterestEquityPreferredRedemptionValue
4500000 USD
CY2019Q1 prth Preferred Stock Percentage Owned
PreferredStockPercentageOwned
0.833
CY2019Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Redemption Value
RedeemableNoncontrollingInterestEquityPreferredRedemptionValue
4500000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
200000 USD
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2018Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
0.192 shares
CY2019Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
420000 shares
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q2 prth Share Based Payment Arrangement Expense Excluding Deferred Compensation Share Based Arrangements Expense
ShareBasedPaymentArrangementExpenseExcludingDeferredCompensationShareBasedArrangementsExpense
580000 USD
CY2019Q2 prth Share Based Payment Arrangement Expense Excluding Deferred Compensation Share Based Arrangements Expense
ShareBasedPaymentArrangementExpenseExcludingDeferredCompensationShareBasedArrangementsExpense
1023000 USD
prth Share Based Payment Arrangement Expense Excluding Deferred Compensation Share Based Arrangements Expense
ShareBasedPaymentArrangementExpenseExcludingDeferredCompensationShareBasedArrangementsExpense
918000 USD
prth Share Based Payment Arrangement Expense Excluding Deferred Compensation Share Based Arrangements Expense
ShareBasedPaymentArrangementExpenseExcludingDeferredCompensationShareBasedArrangementsExpense
2183000 USD
CY2020Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
6600000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
5700000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9761000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Depreciation And Amortization
DepreciationAndAmortization
20635000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4031000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2436000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7590000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
3402000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18686000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
11668000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
10776000 USD
us-gaap Interest Expense
InterestExpense
21983000 USD
us-gaap Interest Expense
InterestExpense
20139000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
194000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
138000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-152000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
365000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
415000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5928000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-818000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4204000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-7858000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-14130000 USD
us-gaap Net Income Loss
NetIncomeLoss
-13727000 USD
us-gaap Net Income Loss
NetIncomeLoss
-20576000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-7858000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-14130000 USD
us-gaap Net Income Loss
NetIncomeLoss
-13727000 USD
us-gaap Net Income Loss
NetIncomeLoss
-20576000 USD
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7858000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14130000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13727000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20576000 USD
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67114000 shares
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67094000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67088000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67161000 shares
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.12
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5824000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5936000 shares

Files In Submission

Name View Source Status
0001653558-20-000140-index-headers.html Edgar Link pending
0001653558-20-000140-index.html Edgar Link pending
0001653558-20-000140.txt Edgar Link pending
0001653558-20-000140-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
prioritytechnology-630.htm Edgar Link pending
prioritytechnology-630_htm.xml Edgar Link completed
prioritytechnology-ex3.htm Edgar Link pending
prioritytechnology-ex31.htm Edgar Link pending
prioritytechnology-ex32.htm Edgar Link pending
prth-20200630.xsd Edgar Link pending
prth-20200630_cal.xml Edgar Link unprocessable
prth-20200630_def.xml Edgar Link unprocessable
prth-20200630_lab.xml Edgar Link unprocessable
prth-20200630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending