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Net Income Per Common Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share
The reconciliation of the numerator and the denominator of net income per common share is as follows:
 Three Months Ended June 30,Six months ended June 30,
(In thousands, except per share information)2024202320242023
Net income available to EVERTEC, Inc.’s common shareholders$31,901 $28,155 $47,880 $58,207 
Weighted average common shares outstanding64,420,756 65,046,328 64,800,361 65,007,528 
Weighted average potential dilutive common shares (1)
729,988 463,763 899,024 563,925 
Weighted average common shares outstanding - assuming dilution65,150,744 65,510,091 65,699,385 65,571,453 
Net income per common share - basic$0.50 $0.43 $0.74 $0.90 
Net income per common share - diluted$0.49 $0.43 $0.73 $0.89 
 
(1)Potential common shares consist of common stock issuable under RSUs awards using the treasury stock method. Shares excluded from the dilution calculation because they were anti-dilutive amounted to 0.4 million for the three and six months periods ended June 30, 2024.

On February 15, 2024 and April 18, 2024 the Company's Board declared quarterly cash dividends of $0.05 per share of common stock, which was paid on March 15, 2024 and June 7, 2024, to stockholders' of record on February 27, 2024 and April 29, 2024.