$EVTC
Evertec Inc

2015 Q2 Form 10-Q Financial Statement

#000119312515281666 Filed on August 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $93.41M $91.33M
YoY Change 2.27% 2.42%
Cost Of Revenue $426.0K $595.0K
YoY Change -28.4% -76.26%
Gross Profit $92.98M $90.74M
YoY Change 2.47% 4.69%
Gross Profit Margin 99.54% 99.35%
Selling, General & Admin $8.948M $10.46M
YoY Change -14.48% -17.12%
% of Gross Profit 9.62% 11.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.300M $3.800M
YoY Change -13.16% -7.32%
% of Gross Profit 3.55% 4.19%
Operating Expenses $8.948M $10.46M
YoY Change -14.48% -17.12%
Operating Profit $27.45M $25.43M
YoY Change 7.94% 50.13%
Interest Expense $6.210M $6.501M
YoY Change -4.48% -33.3%
% of Operating Profit 22.63% 25.57%
Other Income/Expense, Net -$5.235M -$5.694M
YoY Change -8.06% -93.45%
Pretax Income $22.21M $19.74M
YoY Change 12.55% -128.21%
Income Tax $2.645M $1.962M
% Of Pretax Income 11.91% 9.94%
Net Earnings $19.57M $17.77M
YoY Change 10.09% -127.37%
Net Earnings / Revenue 20.95% 19.46%
Basic Earnings Per Share $0.25 $0.23
Diluted Earnings Per Share $0.25 $0.22
COMMON SHARES
Basic Shares Outstanding 77.46M shares 78.41M shares
Diluted Shares Outstanding 77.70M shares 79.20M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $38.80M $27.80M
YoY Change 39.57% 41.84%
Cash & Equivalents $38.84M $27.83M
Short-Term Investments
Other Short-Term Assets $30.30M $29.80M
YoY Change 1.68% 0.68%
Inventory
Prepaid Expenses
Receivables $71.09M $71.48M
Other Receivables $0.00 $0.00
Total Short-Term Assets $140.2M $129.2M
YoY Change 8.54% 1.82%
LONG-TERM ASSETS
Property, Plant & Equipment $31.63M $29.37M
YoY Change 7.68% -11.08%
Goodwill $368.9M $369.2M
YoY Change -0.08% -1.1%
Intangibles
YoY Change
Long-Term Investments $12.25M $11.29M
YoY Change 8.54% 4.99%
Other Assets $9.880M $13.75M
YoY Change -28.12% -27.55%
Total Long-Term Assets $740.1M $770.7M
YoY Change -3.97% -6.06%
TOTAL ASSETS
Total Short-Term Assets $140.2M $129.2M
Total Long-Term Assets $740.1M $770.7M
Total Assets $880.3M $899.9M
YoY Change -2.18% -5.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.13M $14.26M
YoY Change 34.21% -44.29%
Accrued Expenses $29.28M $29.16M
YoY Change 0.4% -3.63%
Deferred Revenue
YoY Change
Short-Term Debt $4.000M $23.00M
YoY Change -82.61% 165.5%
Long-Term Debt Due $19.00M $19.00M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $83.33M $96.18M
YoY Change -13.35% 8.42%
LONG-TERM LIABILITIES
Long-Term Debt $638.5M $656.6M
YoY Change -2.76% -2.68%
Other Long-Term Liabilities $2.856M $251.0K
YoY Change 1037.85% -60.35%
Total Long-Term Liabilities $641.4M $656.9M
YoY Change -2.36% -2.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.33M $96.18M
Total Long-Term Liabilities $641.4M $656.9M
Total Liabilities $744.0M $773.8M
YoY Change -3.85% -0.88%
SHAREHOLDERS EQUITY
Retained Earnings $89.35M $49.70M
YoY Change 79.77% 353.85%
Common Stock $775.0K $786.0K
YoY Change -1.4% -4.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $136.3M $126.1M
YoY Change
Total Liabilities & Shareholders Equity $880.3M $899.9M
YoY Change -2.18% -5.0%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $19.57M $17.77M
YoY Change 10.09% -127.37%
Depreciation, Depletion And Amortization $3.300M $3.800M
YoY Change -13.16% -7.32%
Cash From Operating Activities $46.60M $37.50M
YoY Change 24.27% -178.62%
INVESTING ACTIVITIES
Capital Expenditures -$12.90M -$7.200M
YoY Change 79.17% -7.69%
Acquisitions
YoY Change
Other Investing Activities $1.200M $0.00
YoY Change -100.0%
Cash From Investing Activities -$11.70M -$7.200M
YoY Change 62.5% -10.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.60M -29.70M
YoY Change -3.7% -172.09%
NET CHANGE
Cash From Operating Activities 46.60M 37.50M
Cash From Investing Activities -11.70M -7.200M
Cash From Financing Activities -28.60M -29.70M
Net Change In Cash 6.300M 600.0K
YoY Change 950.0% -104.14%
FREE CASH FLOW
Cash From Operating Activities $46.60M $37.50M
Capital Expenditures -$12.90M -$7.200M
Free Cash Flow $59.50M $44.70M
YoY Change 33.11% -212.03%

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Files In Submission

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