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Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Information  
Summary of segment information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

    

2019

    

2018

    

2019

    

2018

    

 

    

(In thousands) 

    

(In thousands) 

Segment revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

75,022

 

$

79,487

 

$

222,643

 

$

232,687

 

Europe

 

 

47,341

 

 

65,271

 

 

133,755

 

 

181,244

 

Revenue

 

$

122,363

 

$

144,758

 

$

356,398

 

$

413,931

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment profit:

 

 

  

 

 

  

 

 

  

 

 

  

 

North America

 

$

23,086

 

$

30,962

 

$

65,616

 

$

73,616

 

Europe

 

 

18,542

 

 

15,985

 

 

41,858

 

 

42,657

 

Total segment profit

 

 

41,628

 

 

46,947

 

 

107,474

 

 

116,273

 

Corporate

 

 

(9,212)

 

 

(8,518)

 

 

(25,095)

 

 

(31,879)

 

Depreciation and amortization

 

 

(22,804)

 

 

(20,488)

 

 

(68,412)

 

 

(61,308)

 

Net interest expense

 

 

(10,227)

 

 

(10,076)

 

 

(31,738)

 

 

(45,831)

 

Provision for income tax (expense) benefit

 

 

(3,590)

 

 

(32,155)

 

 

618

 

 

(7,974)

 

Share-based compensation expense

 

 

(3,019)

 

 

(2,021)

 

 

(7,841)

 

 

(53,284)

 

Net income (loss) attributable to non-controlling interests of EVO Investco, LLC

 

 

5,380

 

 

(1,078)

 

 

18,323

 

 

73,328

 

Net loss attributable to EVO Payments, Inc.

 

$

(1,844)

 

$

(27,389)

 

$

(6,671)

 

$

(10,675)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

5,393

 

$

7,010

 

$

12,948

 

$

19,802

 

Europe

 

 

5,943

 

 

5,983

 

 

11,691

 

 

19,161

 

Consolidated total capital expenditures

 

$

11,336

 

$

12,993

 

$

24,639

 

$

38,963

 

 

Schedule of information on segments and reconciliations to total assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

 

 

 

 

 

 

2019

    

2018

 

 

 

 

 

 

 

 

(In thousands) 

Segment total assets:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

 

 

 

 

 

 

$

1,094,614

 

$

994,952

Europe

 

 

 

 

 

 

 

 

505,035

 

 

539,435

Total assets

 

 

 

 

 

 

 

$

1,599,649

 

$

1,534,387