| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenue | ||||||
485,778 | 564,754 | 504,750 | 419,221 | |||
Operating expenses: | ||||||
Cost of services and products | ||||||
96,365 | 189,375 | 164,480 | 140,659 | |||
Selling, general, and administrative | ||||||
267,926 | 311,353 | 220,971 | 174,198 | |||
Depreciation and amortization | ||||||
92,059 | 87,184 | 74,136 | 64,012 | |||
Impairment of intangible assets | ||||||
13,101 | 14,627 | 0 | - | |||
Total operating expenses | ||||||
469,451 | 602,539 | 459,587 | 378,869 | |||
Loss from operations | ||||||
16,327 | -37,785 | 45,163 | 40,352 | |||
Other (expense) income: | ||||||
Interest income | ||||||
2,872 | 2,219 | 1,489 | 1,096 | |||
Interest expense | ||||||
44,011 | 59,759 | 62,876 | 40,658 | |||
Income from investment in unconsolidated investees | ||||||
560 | 1,513 | 941 | 1,547 | |||
Gain on acquisition of unconsolidated investee | ||||||
- | 8,404 | - | - | |||
Other (expense) income, net | ||||||
5,434 | -2,998 | -477 | 72,147 | |||
Total other expense | ||||||
-35,145 | -50,621 | -60,923 | 34,132 | |||
Loss before income taxes | ||||||
-18,818 | -88,406 | -15,760 | 74,484 | |||
Income tax benefit (expense) | ||||||
4,548 | 10,444 | 16,588 | 17,033 | |||
Net loss | ||||||
-23,366 | -98,850 | -32,348 | 57,451 | |||
Less: Net income attributable to non-controlling interests in consolidated entities | ||||||
7,877 | 6,696 | 7,894 | 9,746 | |||
Less: Net loss attributable to non-controlling interests of EVO Investco, LLC | ||||||
-21,138 | -90,834 | - | - | |||
Net loss attributable to EVO Payments, Inc. | ||||||
-10,105 | -14,712 | -40,242 | 47,705 | |||
Earnings per share | ||||||
Basic (in dollars per share) | ||||||
-0.31 | -0.70 | - | - | |||
Diluted (in dollars per share) | ||||||
-0.31 | -0.70 | - | - | |||
Weighted-average Class A common stock outstanding | ||||||
Basic (in shares) | ||||||
32,720 | 21,081 | - | - | |||
Diluted (in shares) | ||||||
32,720 | 21,081 | - | - | |||
Comprehensive loss: | ||||||
Net loss | ||||||
-23,366 | -98,850 | -32,348 | 57,451 | |||
Unrealized (loss) gain on defined benefit plan, net of tax (1) | ||||||
15 | 228 | -530 | -294 | |||
Unrealized loss on foreign currency translation adjustment, net of tax (1) | ||||||
339 | -18,545 | 69,917 | -52,454 | |||
Other comprehensive income (loss) | ||||||
324 | -18,773 | 70,447 | -52,160 | |||
Comprehensive loss | ||||||
-23,042 | -117,623 | 38,099 | 5,291 | |||
Less: Comprehensive loss attributable to non-controlling interests in consolidated entities | ||||||
7,513 | 2,224 | 18,556 | 9,685 | |||
Less: Comprehensive loss attributable to non-controlling interests of EVO Investco, LLC | ||||||
-21,258 | -102,821 | - | - | |||
Comprehensive income attributable to EVO Investco, LLC | ||||||
-9,297 | -17,026 | 19,543 | 4,394 | |||