$EVTC
Evertec Inc

2014 Q1 Form 10-Q Financial Statement

#000119312514190062 Filed on May 08, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $87.43M $87.34M
YoY Change 0.11% 5.88%
Cost Of Revenue $91.00K $2.604M
YoY Change -96.51% -93.09%
Gross Profit $87.34M $84.74M
YoY Change 3.08% 89.56%
Gross Profit Margin 99.9% 97.02%
Selling, General & Admin $8.062M $8.863M
YoY Change -9.04% -1.38%
% of Gross Profit 9.23% 10.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.900M $4.000M
YoY Change -2.5% 0.0%
% of Gross Profit 4.47% 4.72%
Operating Expenses $8.062M $8.863M
YoY Change -9.04% -1.38%
Operating Profit $24.89M $20.40M
YoY Change 22.01% 14.36%
Interest Expense $6.909M $15.26M
YoY Change -54.74% 36.58%
% of Operating Profit 27.76% 74.83%
Other Income/Expense, Net -$4.522M -$14.88M
YoY Change -69.6% 12.29%
Pretax Income $20.37M $5.523M
YoY Change 268.77% 20.33%
Income Tax $2.161M $51.00K
% Of Pretax Income 10.61% 0.92%
Net Earnings $18.21M $5.472M
YoY Change 232.71% 54.84%
Net Earnings / Revenue 20.82% 6.27%
Basic Earnings Per Share $0.23 $0.08
Diluted Earnings Per Share $0.23 $0.07
COMMON SHARES
Basic Shares Outstanding 78.38M shares 72.74M shares
Diluted Shares Outstanding 79.24M shares 76.88M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.20M $34.10M
YoY Change -20.23%
Cash & Equivalents $27.24M $34.13M
Short-Term Investments
Other Short-Term Assets $28.00M $28.50M
YoY Change -1.75%
Inventory
Prepaid Expenses
Receivables $68.40M $74.75M
Other Receivables $0.00 $0.00
Total Short-Term Assets $123.6M $137.4M
YoY Change -10.01%
LONG-TERM ASSETS
Property, Plant & Equipment $30.49M $35.09M
YoY Change -13.09%
Goodwill $369.1M $373.7M
YoY Change -1.24%
Intangibles
YoY Change
Long-Term Investments $10.90M $11.39M
YoY Change -4.34%
Other Assets $15.96M $24.03M
YoY Change -33.6%
Total Long-Term Assets $782.2M $836.5M
YoY Change -6.49%
TOTAL ASSETS
Total Short-Term Assets $123.6M $137.4M
Total Long-Term Assets $782.2M $836.5M
Total Assets $905.9M $973.9M
YoY Change -6.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.11M $22.82M
YoY Change -46.94%
Accrued Expenses $28.06M $43.67M
YoY Change -35.76%
Deferred Revenue
YoY Change
Short-Term Debt $40.60M $8.663M
YoY Change 368.66%
Long-Term Debt Due $19.00M $0.00
YoY Change
Total Short-Term Liabilities $109.1M $79.89M
YoY Change 36.55%
LONG-TERM LIABILITIES
Long-Term Debt $661.2M $734.7M
YoY Change -10.01%
Other Long-Term Liabilities $301.0K $3.040M
YoY Change -90.1%
Total Long-Term Liabilities $661.5M $737.8M
YoY Change -10.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.1M $79.89M
Total Long-Term Liabilities $661.5M $737.8M
Total Liabilities $791.3M $843.3M
YoY Change -6.16%
SHAREHOLDERS EQUITY
Retained Earnings $39.77M $75.89M
YoY Change -47.59%
Common Stock $784.0K $728.0K
YoY Change 7.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $114.6M $130.6M
YoY Change
Total Liabilities & Shareholders Equity $905.9M $973.9M
YoY Change -6.98%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $18.21M $5.472M
YoY Change 232.71% 54.84%
Depreciation, Depletion And Amortization $3.900M $4.000M
YoY Change -2.5% 0.0%
Cash From Operating Activities $30.00M $33.80M
YoY Change -11.24% 10.1%
INVESTING ACTIVITIES
Capital Expenditures $1.501M $2.257M
YoY Change -33.5% -10.86%
Acquisitions
YoY Change
Other Investing Activities $200.0K $100.0K
YoY Change 100.0% -150.0%
Cash From Investing Activities -$2.300M -$4.300M
YoY Change -46.51% 10.26%
FINANCING ACTIVITIES
Cash Dividend Paid $7.839M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $4.750M $2.671M
YoY Change 77.84%
Cash From Financing Activities -23.00M -21.00M
YoY Change 9.52% -7100.0%
NET CHANGE
Cash From Operating Activities 30.00M 33.80M
Cash From Investing Activities -2.300M -4.300M
Cash From Financing Activities -23.00M -21.00M
Net Change In Cash 4.700M 8.500M
YoY Change -44.71% -68.63%
FREE CASH FLOW
Cash From Operating Activities $30.00M $33.80M
Capital Expenditures $1.501M $2.257M
Free Cash Flow $28.50M $31.54M
YoY Change -9.65% 11.98%

Facts In Submission

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