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v3.19.3

Quarterly Information (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Jun. 25, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ 108,562 | $ 97,483 | $ 85,394 | $ 84,868 | $ 84,053 |  | $ 84,536 | $ 77,698 | $ 77,221 |  | $ 376,307 |  | $ 323,508 |  | $ 262,571
Income from operations | 1,869 | 1,194 | (203) | 3,530 | 3,495 |  | 2,923 | 2,596 | 3,347 |  | 6,390 |  | 12,361 |  | 7,600
(Loss) income before income taxes | (148) | (724) | (1,358) | 2,616 | 2,646 |  | 37 | (6,586) | (721) |  |  |  |  |  |
Net (loss) income attributable to i3 Verticals, Inc. | $ (930) | $ (1,191) | $ (1,102) | $ 178 | $ 834 | $ 736 | $ (564) | $ (6,836) | $ (332) | $ (7,634) | $ (3,045) |  | $ (6,898) |  | $ 902
Basic {loss} earnings per share attributble to i3 Verticals, Inc. (in USD per share) | $ (0.07) | $ (0.12) | $ (0.12) | $ 0.02 | $ 0.09 |  | $ (0.01) |  |  |  | $ (0.29) | [1] | $ 0.08 | [1] |
Diluted (loss) earnings per share attributable to i3 Verticals, Inc. (in USD per share) | $ (0.07) | $ (0.12) | $ (0.12) | $ 0.02 | $ 0.09 | $ 0.08 | $ (0.01) |  |  |  | $ (0.29) | [1] | $ 0.08 | [1] |
Antidilutive securities excluded from computation of earnings per share (shares) |  |  |  |  |  | 299,412 |  |  |  |  | 282,801 |  |  |  |
Class A Common Stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive securities excluded from computation of earnings per share (shares) | 271,881 | 285,433 | 277,758 | 295,405 | 299,412 |  | 279,273 |  |  |  |  |  |  |  |
Class B Common Stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive securities excluded from computation of earnings per share (shares) | 12,921,637 | 16,184,026 | 17,112,164 | 17,213,806 | 17,213,806 |  | 17,213,806 |  |  |  | 15,856,855 |  |  |  |
Stock Options |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive securities excluded from computation of earnings per share (shares) | 1,131,760 | 1,188,987 | 1,012,916 |  | 565,840 |  | 377,537 |  |  |  | 1,009,858 |  |  |  |
Restricted Class A Common Units |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive securities excluded from computation of earnings per share (shares) | 271,881 | 285,433 | 277,758 |  | 299,412 |  | 279,273 |  |  |  |  |  |  |  |
Out-of-the-money Options |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive securities excluded from computation of earnings per share (shares) | 446,000 | 443,000 | 30,500 | 754,750 |  |  |  |  |  |  | 626,500 |  |  |  |
[1] | Basic and diluted net income per Class A common stock are presented only for the period after the Company’s Reorganization Transactions. See Note 1 for a description of the Reorganization Transactions. See Note 18 for the calculation of income per common share.

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