Segment Information

3 Months Ended

Mar. 31, 2020

Segment Information

Segment Information

(18)Segment Information

Information on segments and reconciliations to revenue and net loss attributable to the shareholders of EVO, Inc. and members of EVO, LLC are set forth below. Segment profit, which is the measure used by our chief operating decision maker to evaluate the performance of and allocate resources to our segments, is calculated as segment revenue less (1) segment expenses, plus (2) segment income from unconsolidated investees, plus (3) segment other income, net, less (4) segment non-controlling interests.

Certain corporate-wide governance functions, as well as depreciation and amortization, are not allocated to our segments. The Company does not evaluate performance or allocate resources based on segment assets, and therefore, such information is not presented.

	Three Months Ended March 31,
	2020		2019
	(In thousands)
Segment revenue:
Americas	$	70,872	$	69,965
Europe		40,297		41,553
Revenue	$	111,169	$	111,518
Segment profit:
Americas	$	19,960	$	14,880
Europe		8,823		9,693
Total segment profit		28,783		24,573
Corporate		(10,509)		(7,619)
Depreciation and amortization		(21,424)		(22,745)
Net interest expense		(9,454)		(10,977)
Provision for income tax benefit (expense)		1,580		(988)
Share-based compensation expense		(3,585)		(1,845)
Less: Net loss attributable to non-controlling interests of EVO Investco, LLC		(9,801)		(14,311)
Net loss attributable to EVO Payments, Inc.	$	(4,808)	$	(5,290)
Capital expenditures:
Americas	$	3,831	$	1,866
Europe		1,336		4,637
Consolidated total capital expenditures	$	5,167	$	6,503

Revenue is attributed to individual countries based on the location where the relationship is managed. For the three months ended March 31, 2020, revenue in the United States, Mexico, and Poland, as a percentage of total consolidated revenue, was 40.3%, 20.6%, and 16.5%, respectively. For the three months ended March 31, 2019, revenue in the United States, Mexico and Poland, as a percentage of total consolidated revenue, was 41.4%, 19.3%, and 18.6%, respectively. For the three months ended March 31, 2020 and 2019, there is no one customer that represents more than 10% of total revenue.