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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues (affiliates Note 15) $ 160,571 $ 149,148 $ 310,819 $ 288,676
Operating costs and expenses        
Cost of revenues, exclusive of depreciation and amortization 74,313 59,381 138,972 119,185
Selling, general and administrative expenses 20,051 16,752 40,435 32,854
Depreciation and amortization 19,560 18,723 38,720 37,346
Total operating costs and expenses 113,924 94,856 218,127 189,385
Income from operations 46,647 54,292 92,692 99,291
Non-operating income (expenses)        
Interest income 805 450 1,472 839
Interest expense (5,932) (5,658) (11,479) (11,564)
Earnings of equity method investment 862 394 1,432 896
Other (expenses) income (1,138) 2,245 2,168 2,573
Total non-operating expenses (5,403) (2,569) (6,407) (7,256)
Income before income taxes 41,244 51,723 86,285 92,035
Income tax expense 7,688 2,632 13,863 7,340
Net income 33,556 49,091 72,422 84,695
Less: Net loss attributable to non-controlling interest (33) (106) (65) (5)
Net income attributable to EVERTEC, Inc.’s common stockholders 33,589 49,197 72,487 84,700
Other comprehensive income (loss), net of tax of $(18), $11, $405 and $435        
Foreign currency translation adjustments (6,549) 1,732 (4,335) (881)
Gain on cash flow hedges 3,337 1,088 13,062 5,277
Unrealized (loss) gain on change in fair value of debt securities available-for-sale (29) 89 (56) 89
Total comprehensive income attributable to EVERTEC, Inc.’s common stockholders $ 30,348 $ 52,106 $ 81,158 $ 89,185
Net income per common share - basic attributable to EVERTEC, Inc.’s common stockholders (in usd per share) $ 0.47 $ 0.68 $ 1.01 $ 1.17
Net income per common share - diluted attributable to EVERTEC, Inc.’s common stockholders (in usd per share) $ 0.47 $ 0.68 $ 1.00 $ 1.16