Segment Information

6 Months Ended

Jun. 30, 2020

Segment Information

Segment Information

(20)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 June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
	(In thousands)
Segment revenue:
Americas	$	61,952	$	77,656	$	132,824	$	147,621
Europe		32,331		44,861		72,628		86,414
Revenue	$	94,283	$	122,517	$	205,452	$	234,035
Segment profit:
Americas	$	22,820	$	27,650	$	42,780	$	42,530
Europe		6,794		13,623		15,617		23,316
Total segment profit		29,614		41,273		58,397		65,846
Corporate		(6,673)		(8,264)		(17,182)		(15,883)
Depreciation and amortization		(20,525)		(22,863)		(41,949)		(45,608)
Net interest expense		(7,114)		(10,534)		(16,568)		(21,511)
Provision for income tax benefit		496		5,196		2,076		4,208
Share-based compensation expense		(5,890)		(2,977)		(9,475)		(4,822)
Less: Net (loss) income attributable to non-controlling interests of EVO Investco, LLC		(6,321)		1,368		(16,122)		(12,943)
Net (loss) income attributable to EVO Payments, Inc.	$	(3,771)	$	463	$	(8,579)	$	(4,827)
Capital expenditures:
Americas	$	1,775	$	5,514	$	5,606	$	7,380
Europe		1,733		1,286		3,068		5,923
Consolidated total capital expenditures	$	3,508	$	6,800	$	8,674	$	13,303

Revenue is attributed to individual countries based on the location where the relationship is managed. For the three months ended June 30, 2020, revenue in the United States, Poland, and Mexico, as a percentage of total consolidated revenue, was 47.8%, 17.1%, and 15.0%, respectively. For the three months ended June 30, 2019, revenue in the United States, Mexico and Poland, as a percentage of total consolidated revenue, was 41.4%, 19.9%, and 17.1%, respectively. For the six months ended June 30, 2020, revenue in the United States, Mexico, and Poland, as a percentage of total consolidated revenue, was 43.7%, 18.0%, and 16.8%, respectively. For the six months ended June 30, 2019, revenue in the United States, Mexico and Poland, as a percentage of total consolidated revenue, was 41.4%, 19.6%, and 17.8%, respectively. For the three and six months ended June 30, 2020 and 2019, there is no one customer that represents more than 10% of total revenue.