Related Party Transactions

6 Months Ended

Jun. 30, 2021

Related Party TransactionsThe following table presents the Company’s transactions with related parties for the three and six months ended June 30, 2021 and 2020:


	Three months ended June 30,				Six months ended June 30,
(In thousands)	2021		2020		2021		2020
Total revenues (1)(2)	$	61,884	$	53,788	$	122,253	$	108,360
Cost of revenues	$	569	$	1,782	$	1,618	$	2,400
Operating lease cost and other fees	$	1,609	$	2,060	$	3,524	$	4,041
Interest earned from affiliate
Interest income	$	130	$	108	$	238	$	197

(1)Popular revenues as a percentage of total revenues were 42%, 45%, 42% and 45%, respectively, for each of the periods presented above.

(2)Includes revenues generated from investee accounted for under the equity method of $0.1 million, $0.1 million, $0.1 million and $0.4 million, respectively, for each of the periods presented above.

As of June 30, 2021 and December 31, 2020, EVERTEC had the following balances arising from transactions with related parties:


(In thousands)	June 30, 2021		December 31, 2020
Cash and restricted cash deposits in affiliated bank	$	113,023	$	126,189
Other due to/from affiliate
Accounts receivable	$	28,518	$	28,419
Prepaid expenses and other assets	$	4,197	$	4,678
Operating lease right-of-use assets	$	15,282	$	17,099

Accounts payable	$	3,063	$	4,607
Contract liabilities	$	35,654	$	35,807
Operating lease liabilities	$	15,750	$	17,781