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Schedule I | 12 Months Ended
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Dec. 31, 2012
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Schedule I | Schedule I EVERTEC, Inc. Condensed Financial Statements Parent Company Only Condensed Balance Sheets
|  | December 31, |
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |
Assets |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |
Cash |  | $ | 557 |  |  | $ | 2,677 |
Prepaid expenses and other assets |  |  | 6,378 |  |  |  | — |
Deferred tax asset |  |  | 1,396 |  |  |  | 8,294 |
Total current assets |  |  | 8,331 |  |  |  | 10,971 |
Investment in subsidiaries, at equity |  |  | 133,325 |  |  |  | 353,055 |
Long-term deferred tax asset |  |  | — |  |  |  | 2,150 |
Other long-term assets |  |  | 2,847 |  |  |  | — |
Total assets |  | $ | 144,503 |  |  | $ | 366,176 |
Liabilities and stockholders’ equity |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |
Accrued liabilities |  | $ | 1,414 |  |  | $ | — |
Total current liabilities |  |  | 1,414 |  |  |  | — |
Long-term deferred tax liability, net |  |  | 17,787 |  |  |  | — |
Other long-term liabilities |  |  | 2,847 |  |  |  | — |
Total liabilities |  |  | 22,048 |  |  |  | — |
Stockholders’ equity: |  |  |  |  |  |  |  |
Common stock |  |  | 728 |  |  |  | 726 |
Additional paid-in capital |  |  | 52,155 |  |  |  | 363,130 |
Accumulated earnings |  |  | 70,414 |  |  |  | 3,638 |
Accumulated other comprehensive loss, net of tax of $0 and $13 |  |  | (842 | ) |  |  | (1,318 | )
Total stockholders’ equity |  |  | 122,455 |  |  |  | 366,176 |
Total liabilities and stockholders’ equity |  | $ | 144,503 |  |  | $ | 366,176 |
Condensed Statements of Income and Comprehensive Income
|  | Years ended December 31, |
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |
Non-operating income (expenses) |  |  |  |  |  |  |  |
Equity in earnings of subsidiaries |  | $ | 95,382 |  |  | $ | 28,004 |
Interest income |  |  | 5 |  |  |  | 37 |
Other expenses |  |  | (374 | ) |  |  | — |
Total non-operating income (expenses) |  |  | 95,013 |  |  |  | 28,041 |
Income before income taxes |  |  | 95,013 |  |  |  | 28,041 |
Income tax expense |  |  | 17,646 |  |  |  | 3,827 |
Net income |  |  | 77,367 |  |  |  | 24,214 |
Other comprehensive income (loss), net of tax |  |  |  |  |  |  |  |
Foreign currency translation adjustments |  |  | 476 |  |  |  | (1,176 | )
Total comprehensive income |  | $ | 77,843 |  |  | $ | 23,038 |
Condensed Statements of Cash Flows
|  | Years ended December 31, |
(Dollar amounts in thousands) |  | 2012 |  |  | 2011 |
Cash flows from operating activities |  | $ | 317,389 |  |  | $ | 36 |
Cash flows from financing activities |  |  |  |  |  |  |  |
Dividends paid |  |  | (319,959 | ) |  |  | — |
Issuance of common stock |  |  | 450 |  |  |  | 2,641 |
Net cash (used in) provided by financing activities |  |  | (319,509 | ) |  |  | 2,641 |
Net (decrease) increase in cash |  |  | (2,120 | ) |  |  | 2,677 |
Cash at beginning of the period |  |  | 2,677 |  |  |  | — |
Cash at end of the period |  | $ | 557 |  |  | $ | 2,677 |
Supplemental disclosure of non-cash activities: |  |  |  |  |  |  |  |
Transfer of prepaid income taxes from subsidiary |  | $ | 6,719 |  |  | $ | — |
Liability related to unvested portion of stock options as a result of equitable adjustment (Note 14) |  |  | 3,151 |  |  |  | — |
On December 18, 2012, the parent company received a cash distribution from Holdings of approximately $50.3 million and used the proceeds of such distribution to pay a dividend to its stockholders and to pay an equitable adjustment to holders of vested options. The Board approved an equitable adjustment to stock options payable in form of a one-time cash bonus to holders of vested options and in the case of unvested options will be paid as the options vest. On May 9, 2012, the parent company received a cash distribution from Holdings of approximately $269.8 million and used the proceeds of such distribution to pay a dividend to its stockholders. The Board approved an equitable adjustment to stock options in order to reduce the exercise price of the outstanding stock options.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
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