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Net Income Per Common Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Income Per Common Share
Net Income Per Common Share

The reconciliation of the numerator and denominator of the income per common share is as follows:
 
 
 
Three months ended March 31,
(Dollar amounts in thousands, except per share information)
 
2017
 
2016
Net income attributable to EVERTEC, Inc.
 
$
23,029

 
$
19,148

Less: non-forfeitable dividends on restricted stock
 
16

 
12

Net income available to EVERTEC, Inc.’s common shareholders
 
$
23,013

 
$
19,136

Weighted average common shares outstanding
 
72,636,166

 
74,947,850

Weighted average potential dilutive common shares (1)
 
518,527

 
70,146

Weighted average common shares outstanding - assuming dilution
 
73,154,693

 
75,017,996

Net income per common share - basic
 
$
0.32

 
$
0.26

Net income per common share - diluted
 
$
0.31

 
$
0.26

 
 
(1)
Potential common shares consist of common stock issuable under the assumed exercise of stock options and restricted stock awards using the treasury stock method.

On February 17, 2017, the Board declared a quarterly cash dividend of $0.10 per share of common stock, which was paid on March 20, 2017 to stockholders of record as of the close of business on March 1, 2017.