Net Income Per Common Share

3 Months Ended

Mar. 31, 2024

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


	Three Months Ended March 31,
(In thousands, except per share information)	2024		2023
Net income available to EVERTEC, Inc.’s common shareholders	$	15,979	$	30,052
Weighted average common shares outstanding	65,179,965		64,968,298
Weighted average potential dilutive common shares (1)	1,156,714		640,320
Weighted average common shares outstanding - assuming dilution	66,336,679		65,608,618
Net income per common share - basic	$	0.25	$	0.46
Net income per common share - diluted	$	0.24	$	0.46

(1)Potential common shares consist of common stock issuable under RSUs awards using the treasury stock method. Shares excluded from the dilution calculation because they were anti-dilutive amounted to 0.4 million.

On February 15, 2024 the Company's Board declared quarterly cash dividends of $0.05 per share of common stock, which was paid on March 15, 2024, to stockholders' of record on February 27, 2024.