Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2021

Summary of transactions with related parties

The 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.

Summary of balances of transactions with related parties

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