Net Income Per Common Share

6 Months Ended

Jun. 30, 2017

The reconciliation of the numerator and denominator of the income per common share is as follows:



	Three months ended June 30,				Six months ended June 30,
(Dollar amounts in thousands, except per share information)	2017		2016		2017		2016
Net income attributable to EVERTEC, Inc.	$	20,089	$	20,235	$	43,118	$	39,383
Less: non-forfeitable dividends on restricted stock	3		3		3		15
Net income available to EVERTEC, Inc.’s common shareholders	$	20,086	$	20,232	$	43,115	$	39,368
Weighted average common shares outstanding	72,508,852		74,706,042		72,572,157		74,826,946
Weighted average potential dilutive common shares (1)	565,739		313,443		515,230		131,180
Weighted average common shares outstanding - assuming dilution	73,074,591		75,019,485		73,087,387		74,958,126
Net income per common share - basic	$	0.28	$	0.27	$	0.59	$	0.53
Net income per common share - diluted	$	0.27	$	0.27	$	0.59	$	0.53


(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. On April 27, 2017, the Board declared a quarterly cash dividend of $0.10 per share of common stock, which was paid on June 9, 2017 to stockholders of record as of the close of business on May 8, 2017.