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Net Income Per Common Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share

The reconciliation of the numerator and denominator of the income per common share is as follows:
 
 
Three months ended March 31,
 
(Dollar amounts in thousands, except per share information)
 
2020
 
2019
 
Net income attributable to EVERTEC, Inc.’s common stockholders
 
$
22,211

 
$
26,644

 
Less: non-forfeitable dividends on restricted stock
 
6

 
6

 
Net income available to EVERTEC, Inc.’s common shareholders
 
$
22,205

 
$
26,638

 
Weighted average common shares outstanding
 
72,012,648

 
72,378,532

 
Weighted average potential dilutive common shares (1)
 
1,280,357

 
1,391,534

 
Weighted average common shares outstanding - assuming dilution
 
73,293,005

 
73,770,066

 
Net income per common share - basic
 
$
0.31

 
$
0.37

 
Net income per common share - diluted
 
$
0.30

 
$
0.36

 
 
 
(1)
Potential common shares consist of common stock issuable under the assumed release of restricted stock awards using the treasury stock method.

On February 20, 2020, the Company's Board declared a quarterly cash dividend of $0.05 per share of common stock, which was paid on April 3, 2020, to stockholders of record as of the close of business on March 4, 2020.