EVERTEC, Inc. EVTC Balance Sheet

Evertec, inc. (EVTC)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12
Assets
Current Assets:
Cash and Cash Equivalents, at Carrying Value
103,521	111,030	102,535	64,025	73,183	70,000	91,310	59,333	53,471	50,400	48,440	93,060	52,074	51,920	44,985	35,728	36,039	28,747	40,401	38,837	32,430	32,114	29,226	27,831	27,242	22,485	27,960	19,587	34,128	25,634
Restricted Cash and Cash Equivalents, Current
21,583	20,091	13,399	13,524	13,318	16,773	12,686	11,076	10,540	9,944	10,352	8,196	8,254	8,112	8,281	7,601	8,562	11,818	13,547	6,262	6,924	5,218	6,126	5,195	5,247	5,433	5,096	4,983	4,827	4,939
Accounts receivable, net
95,300	106,812	92,200	93,700	96,300	100,323	82,865	82,447	90,037	83,328	75,959	76,902	76,655	77,803	67,453	72,164	75,160	73,715	68,429	71,091	78,745	70,684	68,969	71,479	68,403	68,434	69,249	77,662	74,747	78,621
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,256	1,685	6,921	2,323	2,899	1,053	3,378	2,812	3,823	2,537	383	-	2,857	1,434
Prepaid expenses and other assets
39,904	38,085	36,405	34,955	34,451	29,124	29,671	29,444	30,318	25,011	24,778	26,500	26,337	20,430	22,625	21,976	19,839	18,758	20,736	21,678	21,659	20,078	21,880	21,846	18,919	19,482	21,800	24,623	20,822	19,345
Total current assets
260,313	276,018	244,534	206,239	217,259	216,193	216,532	182,300	184,366	168,706	159,529	204,658	163,320	158,265	143,344	137,469	141,856	134,723	150,034	140,191	142,657	129,147	129,579	129,163	123,634	118,371	124,488	126,855	137,381	129,973
Investment in equity investee
12,568	12,288	12,257	11,975	12,337	12,149	12,039	13,335	13,369	13,073	12,832	12,646	12,491	12,252	12,247	12,193	12,160	12,264	12,281	12,251	11,903	11,756	11,492	11,287	10,895	10,639	10,827	10,751	11,389	11,080
Property and equipment, net
41,984	43,791	43,179	44,544	45,778	36,763	36,655	38,336	38,515	37,924	36,520	36,095	37,218	38,930	37,697	35,358	33,762	34,128	33,281	31,627	28,080	29,535	29,482	29,371	30,494	33,240	31,992	33,031	35,088	36,737
Operating lease right-of-use asset
28,356	29,979	30,920	32,363	34,743	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
394,498	399,487	395,848	396,275	395,723	394,644	396,035	397,221	399,861	398,575	402,103	371,204	371,986	370,986	371,385	372,001	376,410	368,133	368,543	368,911	369,171	368,837	369,304	369,203	369,101	373,119	373,223	373,298	373,718	372,307
Other intangible assets, net
229,787	241,937	244,672	249,667	252,592	259,269	260,744	266,253	273,536	279,961	289,095	284,316	291,219	299,119	297,870	302,356	303,437	312,059	309,680	317,431	323,941	334,628	338,248	347,114	355,801	367,780	375,292	384,375	392,269	403,170
Deferred tax asset
3,261	2,131	2,020	1,779	2,167	1,917	1,093	1,071	-	988	1,131	988	996	-	615	531	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net investment in leases
554	722	780	900	982	1,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term assets
7,897	5,323	5,856	6,751	7,195	5,297	5,500	5,653	7,182	3,561	3,757	4,720	5,332	6,110	3,883	4,544	2,257	2,347	9,078	9,880	10,227	11,418	12,335	13,745	15,958	18,162	19,657	18,971	24,034	24,478
Total assets
979,218	1,011,676	980,066	950,493	968,776	927,292	928,598	904,169	916,829	902,788	904,967	914,627	882,562	885,662	867,041	864,452	869,882	863,654	882,897	880,291	885,979	885,321	890,440	899,883	905,883	921,311	935,479	947,281	973,879	977,745
Liabilities and stockholders’ equity
Current Liabilities:
Accrued liabilities
52,652	58,160	64,226	45,883	44,353	57,006	45,174	41,822	35,334	38,451	40,509	34,203	32,622	34,243	37,447	34,365	33,317	37,308	32,917	29,275	27,650	26,052	26,023	29,159	28,057	26,571	28,778	30,257	43,672	34,609
Accounts payable
28,230	39,165	24,966	34,920	45,995	47,272	37,397	34,561	40,670	41,135	27,845	31,697	27,155	40,845	27,169	18,122	20,307	21,216	22,417	19,133	19,396	17,753	14,748	14,256	12,107	20,588	14,912	25,589	22,817	24,482
Unearned income
18,100	20,668	14,600	11,200	12,200	11,527	14,017	9,633	9,521	7,737	6,566	5,383	6,062	4,531	6,404	3,703	3,688	2,877	11,683	11,734	11,118	3,296	8,866	8,498	7,213	5,595	3,791	2,902	1,943	1,166
Income tax payable
9,190	6,298	4,595	1,937	6,841	6,650	5,684	3,892	4,121	1,406	4,745	2,687	3,413	1,755	2,851	2,903	3,385	1,350	62	81	712	1,956	1,945	1,801	1,762	259	246	1,092	1,762	2,959
Current portion of long-term debt
14,250	14,250	14,250	14,250	14,250	14,250	23,191	21,820	46,558	46,487	46,415	46,344	19,977	19,789	28,375	26,500	24,625	22,750	20,875	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	-	6,052
Short-term borrowings
-	-	-	-	15,000	-	0	0	0	12,000	33,000	48,000	27,000	28,000	16,000	20,000	15,000	17,000	18,000	4,000	20,000	23,000	8,000	23,000	40,600	51,200	6,132	8,663	8,663	26,995
Current portion of operating lease liability
5,740	5,773	5,704	6,294	9,458	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	405	-	350	461	356	543	658	1,204	1,034	632
Total current liabilities
128,200	144,314	128,337	114,524	148,053	136,705	125,463	111,728	136,204	147,216	159,080	168,314	116,229	129,163	118,246	105,593	100,322	102,501	105,954	83,334	98,281	91,057	78,932	96,175	109,095	123,756	73,517	88,707	79,891	96,895
Long-term debt
490,844	510,947	514,217	517,491	520,771	524,056	541,949	547,551	553,140	557,251	561,898	565,425	595,631	599,667	597,155	604,676	613,376	619,297	632,137	638,530	643,053	647,579	652,102	656,626	661,153	665,680	670,209	674,738	734,718	730,709
Deferred tax liability
2,957	4,261	4,565	7,396	9,041	9,950	11,509	12,976	13,033	13,820	14,156	-	-	14,978	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned income - long term
32,000	28,437	29,700	30,400	30,199	26,075	24,217	24,049	23,695	23,486	20,783	20,577	18,836	17,303	13,952	12,690	11,346	10,939	-	-	-	8,312	-	-	-	-	-	-	-	-
Operating lease liability - long-term
22,869	24,679	25,686	27,043	25,475	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	14,378	14,731	-	16,648	17,415	20,306	20,614	23,858	19,255	19,708	23,072	20,308	20,702	20,767	20,212	16,965	16,526	25,618	24,614
Other long-term liabilities
39,627	27,415	28,283	24,874	18,739	14,900	10,508	10,502	11,472	13,039	11,369	11,918	11,765	16,376	15,393	16,632	14,873	12,089	2,695	2,856	2,552	20,461	238	251	301	333	333	633	3,040	3,072
Total liabilities
716,534	740,053	730,810	721,693	752,278	711,686	713,646	706,806	737,544	754,812	767,286	780,612	757,192	777,487	761,394	757,006	760,223	765,440	764,644	743,975	763,594	790,481	751,580	773,754	791,316	809,981	761,024	780,604	843,267	855,290
Commitments and contingencies (Note 13)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders’ equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, par value $0.01; 206,000,000 shares authorized; 71,865,305 shares issued and outstanding at March 31, 2020 (December 31, 2019 - 72,000,261)
719	720	719	719	722	723	727	727	724	723	723	723	725	726	732	741	748	750	762	775	774	779	787	786	784	783	819	819	728	728
Additional paid-in capital
-	-	3,058	0	0	5,783	12,910	10,654	8,782	5,350	2,299	0	0	0	-	-	8,674	9,718	28,502	51,914	50,403	59,740	83,296	82,167	81,332	80,718	155,166	153,789	52,486	52,155
Accumulated earnings
308,491	296,476	274,518	253,361	237,418	228,742	212,180	192,819	172,777	148,887	143,038	144,175	133,455	116,341	116,123	116,986	106,995	95,328	95,038	89,347	76,841	40,843	60,924	49,701	39,770	29,403	17,562	10,951	75,886	70,414
Accumulated other comprehensive loss, net of tax
-50,173	-30,009	-33,094	-29,596	-25,879	-23,789	-14,964	-10,858	-6,938	-10,848	-12,152	-14,616	-12,418	-12,391	-14,666	-13,708	-10,186	-7,582	-6,049	-5,720	-5,633	-6,522	-6,147	-6,525	-7,319	426	908	1,118	1,512	-842
Total EVERTEC, Inc. stockholders’ equity
259,037	267,187	245,201	224,484	212,261	211,459	210,853	193,342	175,345	144,112	133,908	130,282	121,762	104,676	102,189	104,019	106,231	98,214	118,253	136,316	122,385	94,840	138,860	126,129	114,567	111,330	174,455	166,677	130,612	122,455
Non-controlling interest
3,647	4,436	4,055	4,316	4,237	4,147	4,099	4,021	3,940	3,864	3,773	3,733	3,608	3,499	3,458	3,427	3,428	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
262,684	271,623	249,256	228,800	216,498	215,606	214,952	197,363	179,285	147,976	137,681	134,015	125,370	108,175	105,647	107,446	109,659	98,214	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and equity
979,218	1,011,676	980,066	950,493	968,776	927,292	928,598	904,169	916,829	902,788	904,967	914,627	882,562	885,662	867,041	864,452	869,882	863,654	882,897	880,291	885,979	885,321	890,440	899,883	905,883	921,311	935,479	947,281	973,879	977,745