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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues (affiliates Note 14) $ 136,507 $ 118,804 $ 376,386 $ 360,188
Operating costs and expenses        
Cost of revenues, exclusive of depreciation and amortization 57,854 51,878 168,900 154,498
Selling, general and administrative expenses 16,682 15,152 51,528 45,355
Depreciation and amortization 18,127 16,972 53,761 50,440
Total operating costs and expenses 92,663 84,002 274,189 250,293
Income from operations 43,844 34,802 102,197 109,895
Non-operating (expenses) income        
Interest income 429 348 1,165 864
Interest expense (5,867) (7,267) (18,829) (22,191)
Earnings of equity method investment 202 371 733 726
Other income (expense) 2,486 252 2,766 (619)
Total non-operating expenses (2,750) (6,296) (14,165) (21,220)
Income before income taxes 41,094 28,506 88,032 88,675
Income tax expense 6,513 3,720 15,551 10,018
Net income 34,581 24,786 72,481 78,657
Less: Net income attributable to non-controlling interest 118 32 323 201
Net income attributable to EVERTEC, Inc.’s common stockholders 34,463 24,754 72,158 78,456
Other comprehensive income (loss), net of tax of $123, $(278), $(964) and $(1,279)        
Foreign currency translation adjustments (3,245) (576) (10,483) 3,714
Gain (loss) on cash flow hedges 643 (2,922) (11,894) (13,019)
Total comprehensive income attributable to EVERTEC, Inc.’s common stockholders $ 31,861 $ 21,256 $ 49,781 $ 69,151
Net income per common share - basic attributable to EVERTEC, Inc.’s common stockholders (in usd per share) $ 0.48 $ 0.34 $ 1.00 $ 1.09
Net income per common share - diluted attributable to EVERTEC, Inc.’s common stockholders (in usd per share) $ 0.47 $ 0.34 $ 0.99 $ 1.07