2021 Q2 Form 10-Q Financial Statement

#000131856821000220 Filed on August 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $172.6M $38.72M
YoY Change 345.78% -70.15%
Cost Of Revenue $30.95M $9.100M
YoY Change 240.1% -65.05%
Gross Profit $141.6M $29.70M
YoY Change 376.88% -71.35%
Gross Profit Margin 82.07% 76.71%
Selling, General & Admin $1.456M
YoY Change
% of Gross Profit 1.03%
Research & Development $8.766M $5.193M
YoY Change 68.8% -22.17%
% of Gross Profit 6.19% 17.48%
Depreciation & Amortization $15.90M $16.30M
YoY Change -2.45% 6.54%
% of Gross Profit 11.23% 54.88%
Operating Expenses $8.766M $5.193M
YoY Change 68.8% -22.17%
Operating Profit $54.39M -$52.73M
YoY Change -203.15% -311.93%
Interest Expense -$17.76M -$19.82M
YoY Change -10.4% -2.99%
% of Operating Profit -32.65%
Other Income/Expense, Net -$17.76M -$19.90M
YoY Change -10.76% -2.6%
Pretax Income $36.63M -$72.63M
YoY Change -150.43% -1733.58%
Income Tax $415.0K -$4.148M
% Of Pretax Income 1.13%
Net Earnings $36.21M -$68.48M
YoY Change -152.88% -1348.29%
Net Earnings / Revenue 20.98% -176.88%
Basic Earnings Per Share $0.41 -$0.80
Diluted Earnings Per Share $0.36 -$0.80
COMMON SHARES
Basic Shares Outstanding 88.72M shares 85.12M shares
Diluted Shares Outstanding 100.0M shares 85.12M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $346.3M $260.4M
YoY Change 32.99% 110.34%
Cash & Equivalents $340.4M $257.4M
Short-Term Investments
Other Short-Term Assets $1.676M $1.566M
YoY Change 7.02% -49.01%
Inventory $31.37M $33.84M
Prepaid Expenses $16.45M $14.60M
Receivables $145.8M $104.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $542.5M $415.3M
YoY Change 30.62% -15.68%
LONG-TERM ASSETS
Property, Plant & Equipment $113.3M $113.0M
YoY Change 0.23% 1.71%
Goodwill $682.0M $681.5M
YoY Change 0.07% 1.21%
Intangibles $195.1M $242.0M
YoY Change -19.39% -14.89%
Long-Term Investments
YoY Change
Other Assets $19.25M $16.19M
YoY Change 18.91% -23.75%
Total Long-Term Assets $1.023B $1.069B
YoY Change -4.28% -3.17%
TOTAL ASSETS
Total Short-Term Assets $542.5M $415.3M
Total Long-Term Assets $1.023B $1.069B
Total Assets $1.566B $1.484B
YoY Change 5.49% -7.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.40M $49.91M
YoY Change -59.13% -39.14%
Accrued Expenses $31.91M $20.90M
YoY Change 52.68% -13.28%
Deferred Revenue $30.69M $39.32M
YoY Change -21.93% 33.08%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.250M $1.250M
YoY Change 0.0% -84.76%
Total Short-Term Liabilities $341.9M $307.0M
YoY Change 11.39% -36.82%
LONG-TERM LIABILITIES
Long-Term Debt $1.130B $1.161B
YoY Change -2.73% 1.96%
Other Long-Term Liabilities $15.61M $13.50M
YoY Change 15.61% -54.55%
Total Long-Term Liabilities $1.166B $1.196B
YoY Change -2.49% 0.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $341.9M $307.0M
Total Long-Term Liabilities $1.166B $1.196B
Total Liabilities $1.508B $1.503B
YoY Change 0.34% -10.58%
SHAREHOLDERS EQUITY
Retained Earnings -$237.9M -$294.9M
YoY Change -19.33% 35.19%
Common Stock $483.9M $456.7M
YoY Change 5.95% 46.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $57.50M -$18.76M
YoY Change
Total Liabilities & Shareholders Equity $1.566B $1.484B
YoY Change 5.49% -7.03%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $36.21M -$68.48M
YoY Change -152.88% -1348.29%
Depreciation, Depletion And Amortization $15.90M $16.30M
YoY Change -2.45% 6.54%
Cash From Operating Activities $51.92M $92.40M
YoY Change -43.81% 277.14%
INVESTING ACTIVITIES
Capital Expenditures -$29.23M -$7.600M
YoY Change 284.66% -67.66%
Acquisitions
YoY Change
Other Investing Activities -$5.081M -$5.200M
YoY Change -2.29% -17.46%
Cash From Investing Activities -$34.22M -$12.80M
YoY Change 167.3% -57.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.21M 120.3M
YoY Change -110.15% -1119.49%
NET CHANGE
Cash From Operating Activities 51.92M 92.40M
Cash From Investing Activities -34.22M -12.80M
Cash From Financing Activities -12.21M 120.3M
Net Change In Cash 5.494M 199.9M
YoY Change -97.25% -1269.01%
FREE CASH FLOW
Cash From Operating Activities $51.92M $92.40M
Capital Expenditures -$29.23M -$7.600M
Free Cash Flow $81.15M $100.0M
YoY Change -18.85% 108.33%

Facts In Submission

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BUSINESS<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 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 lead the gaming industry through the power of people, imagination and technology. With a focus on player engagement and helping casino customers operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems and services for land-based and iGaming operators. The Company is also a preeminent and comprehensive provider of trusted financial technology solutions that power the casino floor while improving operational efficiencies and fulfilling regulatory compliance requirements, including products and services that offer convenient and secure cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software.</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="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: financial access and deposit-based services supporting digital, cashless and physical cash options across mobile, assisted and self-service channels along with related loyalty and marketing tools, and other information-related products and services. In addition, we provide an end-to-end security suite to protect against cyber-related attacks and maintain the necessary secured environments to maintain compliance with applicable regulatory requirements. These solutions include: access to cash and cashless funding at gaming facilities via Automated Teller Machine (“ATM”) debit withdrawals, credit card financial access transactions, and point of sale (“POS”) debit card purchases at casino cages, kiosk and mobile POS devices; federally insured deposit accounts for the CashClub Wallet, check warranty services, self-service ATMs and fully integrated kiosk and maintenance services; self-service loyalty tools and promotion management software; compliance, audit, and data software; casino credit data and reporting services; marketing and promotional offering subscription-based services; and other ancillary offerings. </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%">With respect to our FinTech business, we have made the following updates to certain of our financial statement descriptions, where applicable: (i) “Cash access services” has become “Financial access services;” (ii) “ATM” has been renamed “Funds dispensed;” (iii) “Equipment” has been changed to “Hardware;” and (iv) “Information services and other” has been revised to “Software and other.” These naming convention changes better represent how our business has evolved.</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:700;line-height:120%">Impact of the Coronavirus Disease 2019 (“COVID-19”) Pandemic</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%">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, and caused temporary, and in certain cases, permanent closures of many businesses. The gaming industry was not immune to these factors as our casino customers closed their gaming establishments in the first quarter of 2020, and as a result, our operations experienced significant disruptions in the first three quarters of 2020. 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 where we operate, 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="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Since the onset of COVID-19, we have implemented measures to mitigate our exposure throughout the global pandemic. While there may be further uncertainty facing our customers as a result of COVID-19, we continue to evaluate our business strategies and the impacts of the global pandemic on our results of operations and financial condition and make business decisions to mitigate further risk. It is unclear when, and if, customer volumes will consistently return to pre-COVID levels, the extent a resurgence of COVID-19 could result in the further or re-closure of casinos by federal, state, tribal or municipal governments and 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 the global pandemic and make adjustments to our business, accordingly. </span></div><div style="text-align:justify"><span><br/></span></div><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%">Industry conditions have improved as many of the casino properties that again temporarily closed operations in late 2020 began reopening in the first and second quarters of 2021. At the onset of the pandemic, our customers implemented protocols intended to protect their patrons and guests from potential COVID-19 exposure and re-establish customer confidence in the gaming and hospitality industry. These measures included enhanced sanitization, limitations on public gathering and casino capacity, patron social distancing requirements, limitations on casino operations and amenities, which have limited the number of patrons that are able or who desire to attend these venues. This has also impacted the pace at which demand for our products and services rebounds.</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%">With some limitations still in effect, we expect that demand for our products and services will continue to be tempered in the short-term, to the extent gaming activity decreases at our customers’ locations or fails to increase at expected rates of return to pre-pandemic levels and to the extent our customers decide to restrict their capital spending as a result of uncertainty in the industry, or otherwise. As a result, we continue to monitor and manage liquidity levels and we may, from time to time, evaluate available capital resource alternatives on acceptable terms to provide additional financial flexibility.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The impact of the COVID-19 pandemic also exacerbates the risks disclosed in our Annual Report on Form 10-K for the year ended December 31, 2020 (the “Annual Report”), including, but not limited to: our ability to comply with the terms of our indebtedness; our ability to generate revenues, earn profits and maintain adequate liquidity; our ability to service existing and attract new customers and maintain our overall competitiveness in the market; the potential for significant fluctuations in demand for our services; overall trends in the gaming industry impacting our business; and</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> potential volatility in our stock price, among other consequences such as cybersecurity exposure.</span>
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P3Y10M20D
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P4Y1M28D
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OperatingLeaseCost
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385000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
468000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
635000 USD
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VariableLeaseCost
912000 USD
CY2021Q2 evri Non Cash Lease Expense
NonCashLeaseExpense
1200000 USD
evri Non Cash Lease Expense
NonCashLeaseExpense
2400000 USD
CY2020Q2 evri Non Cash Lease Expense
NonCashLeaseExpense
1100000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3184000 USD
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LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6160000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4780000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3548000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2889000 USD
CY2021Q2 evri Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1044000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
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21605000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2021Q2 us-gaap Operating Lease Liability
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14160000 USD
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0 USD
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CY2020Q4 us-gaap Net Investment In Lease Current
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1397000 USD
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372000 USD
CY2020Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
803000 USD
evri Business Combination Revenue Target Achievement Period
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P2Y
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CY2021Q2 us-gaap Contract With Customer Asset Net Noncurrent
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CY2021Q2 us-gaap Net Investment In Lease Noncurrent
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372000 USD
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803000 USD
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CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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CY2019Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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3806000 USD
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evri Financing Receivable Allowance For Credit Loss Writeoff And Recoveries
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2705000 USD
evri Financing Receivable Allowance For Credit Loss Writeoff And Recoveries
FinancingReceivableAllowanceForCreditLossWriteoffAndRecoveries
8162000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
4790000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2605000 USD
CY2021Q2 us-gaap Inventory Valuation Reserves
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1981000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1262000 USD
CY2021Q2 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
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CY2020Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
21560000 USD
CY2021Q2 us-gaap Other Assets Current
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1676000 USD
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
1383000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
182000 USD
CY2021Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
7304000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6000000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
31373000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
27742000 USD
CY2021Q2 us-gaap Prepaid Expense Current
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11282000 USD
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5933000 USD
CY2020Q4 us-gaap Deposits Assets Current
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CY2021Q2 us-gaap Restricted Cash Current
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848000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
542000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1391000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
24904000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
17348000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
14369000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16104000 USD
CY2021Q2 evri Prepaid Expense And Deposits Non Current
PrepaidExpenseAndDepositsNonCurrent
4160000 USD
CY2020Q4 evri Prepaid Expense And Deposits Non Current
PrepaidExpenseAndDepositsNonCurrent
4952000 USD
CY2021Q2 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
173000 USD
CY2020Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
267000 USD
CY2021Q2 us-gaap Other Assets Miscellaneous Noncurrent
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545000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
673000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19247000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21996000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
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336072000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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222816000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
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113256000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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328535000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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216212000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
112323000 USD
CY2021Q2 us-gaap Depreciation
Depreciation
15900000 USD
us-gaap Depreciation
Depreciation
32100000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
16300000 USD
us-gaap Depreciation
Depreciation
32500000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
682000000.0 USD
CY2021Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
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14400000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
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709059000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
513975000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
195084000 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
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29100000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38600000 USD
CY2021Q2 evri Placement Fee
PlacementFee
0 USD
evri Placement Fee
PlacementFee
0 USD
CY2020Q2 evri Placement Fee
PlacementFee
300000 USD
evri Placement Fee
PlacementFee
900000 USD
CY2021Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
5900000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2020Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
5900000 USD
CY2021Q2 evri Vendors Commissions Payable
VendorsCommissionsPayable
57089000 USD
CY2020Q4 evri Vendors Commissions Payable
VendorsCommissionsPayable
39028000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
30694000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
26980000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22932000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13357000 USD
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
20395000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
15503000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5410000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5649000 USD
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2610000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1329000 USD
CY2021Q2 evri Processing And Related Expenses Current
ProcessingAndRelatedExpensesCurrent
2505000 USD
CY2020Q4 evri Processing And Related Expenses Current
ProcessingAndRelatedExpensesCurrent
1109000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.027
CY2021Q2 us-gaap Interest Payable Current
InterestPayableCurrent
1063000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1068000 USD
CY2021Q2 evri Contingent Considerations And Acquisition Related Liabilities
ContingentConsiderationsAndAcquisitionRelatedLiabilities
0 USD
CY2020Q4 evri Contingent Considerations And Acquisition Related Liabilities
ContingentConsiderationsAndAcquisitionRelatedLiabilities
24674000 USD
CY2021Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
12727000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
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4088000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3605000 USD
CY2021Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
146786000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
145029000 USD
CY2021Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1144631000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
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1145256000 USD
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
13754000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
16003000 USD
CY2021Q2 us-gaap Long Term Debt
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1130877000 USD
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1129253000 USD
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1250000 USD
CY2020Q4 us-gaap Long Term Debt Current
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1250000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
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1129627000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
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1128003000 USD
CY2019Q4 us-gaap Litigation Settlement Expense
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14000000.0 USD
CY2021Q2 us-gaap Loss Contingency Receivable
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7700000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88722000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85122000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87858000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84873000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
11308000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
11146000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100030000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85122000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99004000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84873000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.059
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.011
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.057
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1700000 USD
CY2021Q2 us-gaap Assets
Assets
1565515000 USD
CY2020Q4 us-gaap Assets
Assets
1477179000 USD

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