XML 15 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 350,697 $ 205,142
Accounts receivable, net 13,248 15,881
Other receivables 56,518 55,345
Due from related parties 1,871 2,625
Inventory 8,867 11,210
Settlement processing assets 248,330 439,269
Other current assets 11,817 20,941
Total current assets 691,348 750,413
Equipment and improvements, net 103,046 96,587
Goodwill 353,011 311,678
Intangible assets, net 290,139 313,483
Investment in unconsolidated investees 1,753 1,379
Due from related parties 915 109
Deferred tax asset 72,296 9,057
Other assets 21,879 25,592
Total assets 1,534,387 1,508,298
Current liabilities:    
Settlement lines of credit 41,819 28,563
Current portion of long-term debt 7,191 75,008
Accounts payable 48,935 61,149
Accrued expenses 112,281 89,601
Settlement processing obligations 428,328 484,518
Due to related parties 4,824 7,847
Total current liabilities 643,378 746,686
Long-term debt, net of current portion 676,865 760,946
Due to related parties 385 675
Deferred tax liability 13,519 11,011
Tax receivable agreement obligations, inclusive of related party liability of $40.7 million and zero at December 31, 2018 and 2017, respectively 47,221  
ISO reserves 2,684 2,611
Other long-term liabilities 2,924 4,634
Total liabilities 1,386,976 1,526,563
Commitments and contingencies
Redeemable non-controlling interests 1,010,093 148,266
Shareholders'/members' equity (deficit):    
Additional paid-in capital 178,176  
Accumulated deficit attributable to Class A common stock (223,799)  
Accumulated deficit attributable to members of EVO Investco, LLC   (237,330)
Accumulated other comprehensive loss (2,993) (67,679)
Total shareholders'/members' equity (deficit) (48,608) (169,843)
Nonredeemable non-controlling interests (814,074) 3,312
Total deficit (862,682) (166,531)
Total liabilities and deficit 1,534,387 1,508,298
Class A Common Stock    
Shareholders'/members' equity (deficit):    
Common stock 3
Class B Common Stock    
Shareholders'/members' equity (deficit):    
Common stock 4
Class C Common Stock    
Shareholders'/members' equity (deficit):    
Common stock
Class D Common Stock    
Shareholders'/members' equity (deficit):    
Common stock 1
Total deficit 1  
Class A Units    
Shareholders'/members' equity (deficit):    
Capital units 54,453
Class B Units    
Shareholders'/members' equity (deficit):    
Capital units
Class C Units    
Shareholders'/members' equity (deficit):    
Capital units 9,463
Class D Units    
Shareholders'/members' equity (deficit):    
Capital units
Class E Units    
Shareholders'/members' equity (deficit):    
Capital units $ 71,250