Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of reconciliation of numerator and denominator of income per common share

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

	Three months ended September 30,				Nine months ended September 30,
(Dollar amounts in thousands, except per share information)	2020		2019		2020		2019
Net income attributable to EVERTEC, Inc.’s common stockholders	$	34,463	$	24,754	$	72,158	$	78,456
Less: non-forfeitable dividends on restricted stock	—		2		—		2
Net income available to EVERTEC, Inc.’s common shareholders	$	34,463	$	24,752	$	72,158	$	78,454
Weighted average common shares outstanding	71,886,439		71,942,403		71,921,069		72,148,312
Weighted average potential dilutive common shares (1)	1,115,341		1,372,301		1,128,748		1,382,553
Weighted average common shares outstanding - assuming dilution	73,001,780		73,314,704		73,049,817		73,530,865
Net income per common share - basic	$	0.48	$	0.34	$	1.00	$	1.09
Net income per common share - diluted	$	0.47	$	0.34	$	0.99	$	1.07

(1)

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