Net Income Per Common Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Net Income Per Common Share

Net Income Per Common Share

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

	Years ended December 31,
(Dollar amounts in thousands, except share and per share data)	2019		2018		2017
Net income attributable to EVERTEC, Inc.’s common stockholders	$	103,469	$	86,270	$	55,054
Less: non-forfeitable dividends on restricted stock	3		4		10
Net income available to common shareholders	$	103,466	$	86,266	$	55,044
Weighted average common shares outstanding	72,099,755		72,607,321		72,479,807
Weighted average potential dilutive common shares (1)	1,376,008		1,812,789		392,381
Weighted average common shares outstanding—assuming dilution	73,475,763		74,420,110		72,872,188
Net income per common share—basic	$	1.44	$	1.19	$	0.76
Net income per common share—diluted	$	1.41	$	1.16	$	0.76

(1) Potential common shares consist of common stock issuable under the assumed exercise of stock options and RSUs awards using the treasury stock method.

Refer to Note 15 for a detail of dividends declared and paid during 2019 and 2018.