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Unaudited Consolidated Condensed Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Merchant acquiring, net $ 22,485 $ 22,890
Payment processing (from affiliates: $8,123 and $7,855) 30,116 26,975
Business solutions (from affiliates: $36,890 and $35,298) 48,679 45,614
Total revenues 101,280 95,479
Operating costs and expenses    
Cost of revenues, exclusive of depreciation and amortization shown below 44,173 43,408
Selling, general and administrative expenses 10,831 10,835
Depreciation and amortization 15,684 14,670
Total operating costs and expenses 70,688 68,913
Income from operations 30,592 26,566
Non-operating income (expenses)    
Interest income 185 87
Interest expense (7,036) (5,878)
Earnings (losses) of equity method investment 143 (130)
Other income 1,274 398
Total non-operating expenses (5,434) (5,523)
Income before income taxes 25,158 21,043
Income tax expense 2,020 1,876
Net income 23,138 19,167
Less: Net income attributable to non-controlling interest 109 19
Net income attributable to EVERTEC, Inc.’s common stockholders 23,029 19,148
Other comprehensive (loss) income, net of tax of $37 and $3    
Foreign currency translation adjustments (645) 468
Gain (loss) on cash flow hedge 618 (3,072)
Total comprehensive income attributable to EVERTEC, Inc.’s common stockholders $ 23,002 $ 16,544
Net income per common share - basic attributable to EVERTEC, Inc.’s common stockholders (usd per share) $ 0.32 $ 0.26
Net income per common share - diluted attributable to EVERTEC, Inc.’s common stockholders (usd per share) 0.31 0.26
Cash dividends declared per share (usd per share) $ 0.10 $ 0.10