Net Income Per Common Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net Income Per Common Share

Net Income Per Common Share

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)	2020		2019		2020		2019
Net income attributable to EVERTEC, Inc.’s common stockholders	$	15,484	$	27,058	$	37,695	$	53,702
Weighted average common shares outstanding	71,864,499		72,128,795		71,938,574		72,252,974
Weighted average potential dilutive common shares (1)	909,866		1,171,758		1,080,645		1,396,959
Weighted average common shares outstanding - assuming dilution	72,774,365		73,300,553		73,019,219		73,649,933
Net income per common share - basic	$	0.22	$	0.38	$	0.52	$	0.74
Net income per common share - diluted	$	0.21	$	0.37	$	0.52	$	0.73

(1) Potential common shares consist of common stock issuable under the assumed release of restricted stock awards using the treasury stock method.

On February 20, 2020 and April 21, 2020, the Company's Board declared quarterly cash dividends of $0.05 per share of common stock, which were paid on April 3, 2020 and June 5, 2020, respectively, to stockholders of record as of the close of business on March 4, 2020 and May 4, 2020, respectively.