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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues (affiliates Note 15) $ 149,148 $ 117,937 $ 288,676 $ 239,879
Operating costs and expenses        
Cost of revenues, exclusive of depreciation and amortization 59,381 56,979 119,185 111,046
Selling, general and administrative expenses 16,752 17,529 32,854 34,846
Depreciation and amortization 18,723 17,839 37,346 35,634
Total operating costs and expenses 94,856 92,347 189,385 181,526
Income from operations 54,292 25,590 99,291 58,353
Non-operating income (expenses)        
Interest income 450 373 839 736
Interest expense (5,658) (6,183) (11,564) (12,962)
Earnings of equity method investment 394 193 896 531
Other income, net 2,245 172 2,573 280
Total non-operating expenses (2,569) (5,445) (7,256) (11,415)
Income before income taxes 51,723 20,145 92,035 46,938
Income tax expense 2,632 4,520 7,340 9,038
Net income 49,091 15,625 84,695 37,900
Less: Net (loss) income attributable to non-controlling interest (106) 141 (5) 205
Net income attributable to EVERTEC, Inc.’s common stockholders 49,197 15,484 84,700 37,695
Other comprehensive income (loss), net of tax of $11, $(2), $435 and $(1,087)        
Foreign currency translation adjustments 1,732 1,067 (881) (7,238)
Gain (loss) on cash flow hedges 1,088 (678) 5,277 (12,537)
Unrealized gain on change in fair value of debt securities available-for-sale 89 0 89 0
Total comprehensive income attributable to EVERTEC, Inc.’s common stockholders $ 52,106 $ 15,873 $ 89,185 $ 17,920
Net income per common share - basic attributable to EVERTEC, Inc.’s common stockholders (in usd per share) $ 0.68 $ 0.22 $ 1.17 $ 0.52
Net income per common share - diluted attributable to EVERTEC, Inc.’s common stockholders (in usd per share) $ 0.68 $ 0.21 $ 1.16 $ 0.52