2020 Q4 Form 10-K Financial Statement

#000131856821000035 Filed on March 15, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019 Q3
Revenue $119.6M $145.2M $134.6M
YoY Change -17.65% 21.48% 11.83%
Cost Of Revenue $21.50M $33.40M $28.28M
YoY Change -35.63% 32.02% 14.94%
Gross Profit $98.00M $111.7M $106.3M
YoY Change -12.26% 18.58% 11.03%
Gross Profit Margin 81.97% 76.94% 78.99%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $7.000M $10.10M $8.196M
YoY Change -30.69% 62.9% 51.58%
% of Gross Profit 7.14% 9.04% 7.71%
Depreciation & Amortization $36.80M $34.90M $16.00M
YoY Change 5.44% 3.56% -7.54%
% of Gross Profit 37.55% 31.24% 15.05%
Operating Expenses $80.90M $95.80M $8.196M
YoY Change -15.55% 24.42% 51.58%
Operating Profit $17.15M $15.97M $27.29M
YoY Change 7.36% -7.21% 26.89%
Interest Expense -$18.30M -$17.70M -$19.30M
YoY Change 3.39% -13.24% -4.28%
% of Operating Profit -106.71% -110.81% -70.7%
Other Income/Expense, Net -$19.30M
YoY Change -4.28%
Pretax Income -$1.200M -$1.900M $7.996M
YoY Change -36.84% -40.63% 492.3%
Income Tax -$2.300M $2.200M -$1.319M
% Of Pretax Income -16.5%
Net Earnings $1.133M -$4.144M $9.315M
YoY Change -127.34% -198.6% 350.22%
Net Earnings / Revenue 0.95% -2.85% 6.92%
Basic Earnings Per Share $0.01 -$0.05 $0.13
Diluted Earnings Per Share $0.01 -$0.05 $0.12
COMMON SHARES
Basic Shares Outstanding 86.21M shares 75.39M shares 72.25M shares
Diluted Shares Outstanding 94.26M shares 75.39M shares 79.13M shares

Balance Sheet

Concept 2020 Q4 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $255.8M $289.9M $275.7M
YoY Change -11.76% -2.55% 114.22%
Cash & Equivalents $251.7M $289.9M $275.7M
Short-Term Investments
Other Short-Term Assets $1.391M $1.484M $1.965M
YoY Change -6.27% -29.97% -50.03%
Inventory $27.74M $26.57M $26.45M
Prepaid Expenses $11.28M $11.27M $12.27M
Receivables $134.8M $158.2M $131.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $431.6M $502.5M $464.3M
YoY Change -14.11% 2.78% 0.03%
LONG-TERM ASSETS
Property, Plant & Equipment $112.3M $128.9M $122.1M
YoY Change -12.84% 10.82% 3.47%
Goodwill $682.0M $681.6M $673.6M
YoY Change 0.05% 6.42% 5.16%
Intangibles $214.6M $279.2M $274.1M
YoY Change -23.12% -2.86% -7.5%
Long-Term Investments
YoY Change
Other Assets $22.00M $20.34M $19.86M
YoY Change 8.15% 225.32% 214.35%
Total Long-Term Assets $1.046B $1.127B $1.103B
YoY Change -7.2% 6.36% 3.1%
TOTAL ASSETS
Total Short-Term Assets $431.6M $502.5M $464.3M
Total Long-Term Assets $1.046B $1.127B $1.103B
Total Assets $1.477B $1.629B $1.568B
YoY Change -9.33% 5.23% 2.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.50M $78.63M $84.70M
YoY Change -80.28% 11.06% 28.2%
Accrued Expenses $21.20M $30.70M $28.90M
YoY Change -30.94% 49.03% 8.24%
Deferred Revenue $26.98M $28.51M $28.83M
YoY Change -5.37% 94.46% 113.98%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.250M $0.00 $8.200M
YoY Change -100.0% 0.0%
Total Short-Term Liabilities $319.5M $407.2M $454.1M
YoY Change -21.54% -13.66% 0.3%
LONG-TERM LIABILITIES
Long-Term Debt $1.128B $1.108B $1.132B
YoY Change 1.8% -4.06% -2.11%
Other Long-Term Liabilities $17.60M $33.60M $29.00M
YoY Change -47.62% 1192.31% 835.48%
Total Long-Term Liabilities $1.166B $1.168B $1.186B
YoY Change -0.21% -1.47% -0.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $319.5M $407.2M $454.1M
Total Long-Term Liabilities $1.166B $1.168B $1.186B
Total Liabilities $1.485B $1.575B $1.640B
YoY Change -5.72% -4.94% -0.48%
SHAREHOLDERS EQUITY
Retained Earnings -$294.6M -$212.9M -$208.8M
YoY Change 38.36% -7.2% -10.64%
Common Stock $466.7M $445.3M $316.5M
YoY Change 4.82% 48.91% 6.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.898M $53.99M -$72.02M
YoY Change
Total Liabilities & Shareholders Equity $1.477B $1.629B $1.568B
YoY Change -9.33% 5.23% 2.17%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $1.133M -$4.144M $9.315M
YoY Change -127.34% -198.6% 350.22%
Depreciation, Depletion And Amortization $36.80M $34.90M $16.00M
YoY Change 5.44% 3.56% -7.54%
Cash From Operating Activities $38.00M -$35.50M $208.1M
YoY Change -207.04% -117.58% 381.71%
INVESTING ACTIVITIES
Capital Expenditures -$24.00M -$32.70M -$35.90M
YoY Change -26.61% 33.47% 74.27%
Acquisitions
YoY Change
Other Investing Activities $200.0K -$15.00M -$5.400M
YoY Change -101.33% 194.12% 3.85%
Cash From Investing Activities -$23.80M -$47.60M -$41.40M
YoY Change -50.0% 60.81% 60.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.200M 93.00M -6.200M
YoY Change -97.63% -4750.0% -720.0%
NET CHANGE
Cash From Operating Activities 38.00M -35.50M 208.1M
Cash From Investing Activities -23.80M -47.60M -41.40M
Cash From Financing Activities 2.200M 93.00M -6.200M
Net Change In Cash 16.40M 9.900M 160.5M
YoY Change 65.66% -94.19% 772.28%
FREE CASH FLOW
Cash From Operating Activities $38.00M -$35.50M $208.1M
Capital Expenditures -$24.00M -$32.70M -$35.90M
Free Cash Flow $62.00M -$2.800M $244.0M
YoY Change -2314.29% -101.24% 282.45%

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BUSINESS<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Everi Holdings Inc. (“Everi Holdings,” or “Everi”) is a holding company, the assets of which are the issued and outstanding shares of capital stock of each of Everi Payments Inc. (“Everi FinTech” or “FinTech”) and Everi Games Holding Inc., which owns all of the issued and outstanding shares of capital stock of Everi Games Inc. (“Everi Games” or “Games”). Unless otherwise indicated, the terms the “Company,” “we,” “us,” and “our” refer to Everi Holdings together with its consolidated subsidiaries.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Everi is a leading supplier of imaginative entertainment and trusted technology solutions for the casino and digital gaming industry. Everi’s mission is to transform the casino floor through innovative gaming and financial technology and loyalty solutions. With a focus on both land-based and digital gaming operators and players, the Company develops entertaining games and gaming machines, gaming systems and services that facilitate memorable player experiences, and is a preeminent and comprehensive provider of financial products and services that offer convenient and secure cash and cashless-based financial transactions, self-service loyalty tools and applications, and intelligence software and other intuitive solutions that improve casino operational efficiencies and fulfill regulatory compliance requirements.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Everi reports its financial performance, and organizes and manages its operations, across the following two business segments: (i) Games; and (ii) FinTech. </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Everi Games provides gaming operators with gaming technology products and services, including: (i) gaming machines, primarily comprising Class II and Class III slot machines placed under participation or fixed-fee lease arrangements or sold to casino customers; (ii) providing and maintaining the central determinant systems for the video lottery terminals (“VLTs”) installed in the State of New York and similar technology in certain tribal jurisdictions; (iii) business-to-business (“B2B”) and business-to-consumer (“B2C”) digital online gaming activities. </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Everi FinTech provides gaming operators with financial technology products and services, including: (i) services and equipment that facilitate casino patron’s self-service access to cash and cashless funding at gaming facilities via Automated Teller Machine (“ATM”) debit withdrawals, credit card cash access transactions and point-of-sale (“POS”) debit card purchase and cash access transactions; (ii) check warranty services; (iii) self-service loyalty enrollment and marketing equipment, including promotion management software and tools; (iv) software and services that improve credit decision making, automate cashier operations, and enhance patron marketing activities for gaming establishments; (v) equipment that provides cash access and other cash handling efficiency-related services; and (vi) compliance, audit, and data solutions.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Impact of COVID-19 Pandemic</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The COVID-19 pandemic has negatively impacted the global economy, disrupted global supply chains, temporarily lowered equity market valuations, created significant volatility in the financial markets, increased unemployment levels, caused temporary, and in certain cases, closures of many businesses. The gaming industry was not immune to these factors as our casino customers closed their gaming establishments, and as a result, our operations experienced significant disruptions. At the immediate onset of the COVID-19 pandemic, we were affected by various measures, including, but not limited to: the institution of social distancing and sheltering-in-place requirements in many states and communities, which significantly impacted demand for our products and services, and resulted in office closures, the furlough of a majority of our employees, the implementation of temporary base salary reductions for our employees and the implementation of a work-from-home policy. </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In connection with the uncertainty facing our customers as a result of COVID-19, we evaluated our business strategies in the second quarter of 2020 and implemented measures to reduce our ongoing operating costs. As a result of this evaluation, we permanently reduced our employee base, with most of the departures resulting from our furloughed employees, to accommodate the current and future operating needs of our customers and our business. </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the second quarter of 2020, businesses began to adapt to social-distancing measures and various phases of reopening pursuant to government-mandated guidelines. As our gaming customers reopened, a number of their properties initially experienced an elevated level of activity as compared to what was originally anticipated. The revenues generated by this initial pent-up demand flattened to slightly below pre-COVID levels as more casinos reopened through the second quarter of 2020. Revenues improved further throughout the third and fourth quarter of 2020, though they remained below pre-COVID levels. </span></div>With a majority of our gaming customers reopening properties by the end of September 2020, and our activity rates and results continuing to improve through the third and fourth quarter, we have, among other measures: (i) returned nearly all of our furloughed employees to work on primarily a work-from-home basis; (ii) reinstated base compensation to pre-COVID levels for the employee base; (iii) reversed nearly all compensation reductions for both our Executives and Directors; and (iv) fully paid down the outstanding balance on our revolving line of credit. It is unclear when and if customer volumes will return consistently to pre-COVID levels, if a resurgence of COVID-19 could result in the further or re-closure of casinos by federal, state, tribal or municipal governments, regulatory agencies, or by the casino operators themselves in an effort to contain the COVID-19 global pandemic or mitigate its impact and the impact of vaccines on these matters; however, we continue to monitor the impacts of COVID-19 and make adjustments to our business accordingly.
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354000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
809000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
28864000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
28510000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
289000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
354000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27269000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
28864000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1595000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
13394000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
23500000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14200000 USD
CY2020 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1300000 USD
CY2019 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5000000.0 USD
CY2019 evri Trade And Loans Receivable Contractual Terms
TradeAndLoansReceivableContractualTerms
P12M
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27900000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
32500000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20500000 USD
CY2020 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
600000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2600000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2200000 USD
CY2020 evri Trade And Loans Receivable Contractual Terms
TradeAndLoansReceivableContractualTerms
P12M
CY2020 us-gaap Use Of Estimates
UseOfEstimates
We have made estimates and judgments affecting the amounts reported in these financial statements and the accompanying notes in conformity with GAAP. The actual results may materially differ from these estimates.
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16104000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12257000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5649000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5824000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16077000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9628000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10356000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16533000 USD
CY2020 evri Right Of Use Asset Obtained In Exchange For Operating Lease Liability Existing
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityExisting
13600000 USD
CY2020 evri Operating Lease Rou Assets Obtained In Exchange Lease Terminations
OperatingLeaseROUAssetsObtainedInExchangeLeaseTerminations
500000 USD
CY2020 evri Right Of Use Asset Obtained In Exchange For Operating Lease Liability New
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNew
2500000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y1M28D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y11M15D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0516
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0525
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
5770000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
4907000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
1682000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
1619000 USD
CY2020 evri Non Cash Lease Expense
NonCashLeaseExpense
4900000 USD
CY2019 evri Non Cash Lease Expense
NonCashLeaseExpense
4300000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6523000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5892000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4414000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3456000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2889000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1042000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
24216000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2490000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
21726000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5649000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16077000 USD
CY2019 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
2600000 USD
CY2020Q4 us-gaap Net Investment In Lease Current
NetInvestmentInLeaseCurrent
1397000 USD
CY2019Q4 us-gaap Net Investment In Lease Current
NetInvestmentInLeaseCurrent
874000 USD
CY2020Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
803000 USD
CY2019Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
1288000 USD
CY2020 evri Purchase Consideration Excess Fair Value Goodwill Amortization Period
PurchaseConsiderationExcessFairValueGoodwillAmortizationPeriod
P15Y
CY2020 evri Purchase Consideration Excess Fair Value Goodwill Amortization Period
PurchaseConsiderationExcessFairValueGoodwillAmortizationPeriod
P15Y
CY2020Q4 evri Cash Supplied To At Ms
CashSuppliedToATMs
125300000 USD
CY2019Q4 evri Cash Supplied To At Ms
CashSuppliedToATMs
157300000 USD
CY2020Q4 evri Settlement Liabilities Site Funded Automated Teller Machines
SettlementLiabilitiesSiteFundedAutomatedTellerMachines
2600000 USD
CY2019Q4 evri Settlement Liabilities Site Funded Automated Teller Machines
SettlementLiabilitiesSiteFundedAutomatedTellerMachines
6300000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
17561000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
15408000 USD
CY2020Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
7650000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
7650000 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
1923000 USD
CY2019Q4 us-gaap Other Receivables
OtherReceivables
3977000 USD
CY2020Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
2200000 USD
CY2019Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
2162000 USD
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
88811000 USD
CY2019Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
104571000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
8321000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
6774000 USD
CY2020Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
803000 USD
CY2019Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
1288000 USD
CY2020Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
14620000 USD
CY2019Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
16661000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
74191000 USD
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
87910000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5786000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6425000 USD
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
8010000 USD
CY2019 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
14647000 USD
CY2020 evri Financing Receivable Allowance For Credit Loss Writeoff And Recoveries
FinancingReceivableAllowanceForCreditLossWriteoffAndRecoveries
10107000 USD
CY2019 evri Financing Receivable Allowance For Credit Loss Writeoff And Recoveries
FinancingReceivableAllowanceForCreditLossWriteoffAndRecoveries
15286000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3689000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5786000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1262000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
24864000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2007000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
21560000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
182000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
94000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6000000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1616000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
27742000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
26574000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11282000 USD
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11272000 USD
CY2020Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
4133000 USD
CY2019Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
8501000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
542000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
6639000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1391000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1484000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
17348000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
27896000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16104000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12257000 USD
CY2020Q4 evri Prepaid Expense And Deposits Non Current
PrepaidExpenseAndDepositsNonCurrent
4952000 USD
CY2019Q4 evri Prepaid Expense And Deposits Non Current
PrepaidExpenseAndDepositsNonCurrent
7378000 USD
CY2020Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
267000 USD
CY2019Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
460000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
673000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
244000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21996000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
20339000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
328535000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
216212000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
112323000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
319094000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
190225000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
128869000 USD
CY2020 us-gaap Depreciation
Depreciation
67500000 USD
CY2019 us-gaap Depreciation
Depreciation
63200000 USD
CY2018 us-gaap Depreciation
Depreciation
61200000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
682000000.0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
681600000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
640537000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
28000 USD
CY2019 us-gaap Goodwill Transfers
GoodwillTransfers
41070000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
681635000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
14000 USD
CY2020 us-gaap Goodwill Transfers
GoodwillTransfers
325000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
681974000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
697275000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
482648000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
214627000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
695616000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
416429000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
279187000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
75300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
68900000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
65200000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2018 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2020 evri Payment Of Placement Fees And Placement Fee Agreements
PaymentOfPlacementFeesAndPlacementFeeAgreements
3100000 USD
CY2019 evri Payment Of Placement Fees And Placement Fee Agreements
PaymentOfPlacementFeesAndPlacementFeeAgreements
17700000 USD
CY2018 evri Payment Of Placement Fees And Placement Fee Agreements
PaymentOfPlacementFeesAndPlacementFeeAgreements
22700000 USD
CY2019 evri Imputed Interest In Placement Fees
ImputedInterestInPlacementFees
600000 USD
CY2018 evri Imputed Interest In Placement Fees
ImputedInterestInPlacementFees
2100000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
54531000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
78627000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
26980000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
28510000 USD
CY2020Q4 evri Contingent Considerations And Acquisition Related Liabilities
ContingentConsiderationsAndAcquisitionRelatedLiabilities
24674000 USD
CY2019Q4 evri Contingent Considerations And Acquisition Related Liabilities
ContingentConsiderationsAndAcquisitionRelatedLiabilities
14902000 USD
CY2020Q4 evri Processing And Related Expenses Current
ProcessingAndRelatedExpensesCurrent
13357000 USD
CY2019Q4 evri Processing And Related Expenses Current
ProcessingAndRelatedExpensesCurrent
18058000 USD
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
12727000 USD
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
14000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5649000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5824000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3605000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3893000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1329000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1846000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1109000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
5511000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1068000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1347000 USD
CY2020Q4 evri Placement Fees Outstanding Amount
PlacementFeesOutstandingAmount
0 USD
CY2019Q4 evri Placement Fees Outstanding Amount
PlacementFeesOutstandingAmount
585000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
145029000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
173103000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1145256000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1124000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
16003000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15922000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1129253000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1108078000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1250000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1128003000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1108078000 USD
CY2020Q2 us-gaap Debt Instrument Term
DebtInstrumentTerm
P7Y
CY2020Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7500000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1250000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1250000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1250000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
856125000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
285381000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1145256000 USD
CY2020 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
14000000.0 USD
CY2019Q4 us-gaap Loss Contingency Receivable
LossContingencyReceivable
7700000 USD
CY2020Q4 us-gaap Loss Contingency Receivable
LossContingencyReceivable
7700000 USD
CY2019 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
6300000 USD
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 evri Common Stock Number Of Votes Per Share
CommonStockNumberOfVotesPerShare
1 vote
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
111872439 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
109492754 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85379000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72376000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69464000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6859000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4332000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85379000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79235000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73796000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3300000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
500000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7500000 shares
CY2020Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
10261000 shares
CY2020Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
9487000 shares
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-87832000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
11709000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5756000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-523000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
912000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1415000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1227000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
396000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4285000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1419000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-87436000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15994000 USD
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