2021 Q4 Form 10-K Financial Statement

#000155986522000007 Filed on February 25, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $155.2M $589.8M $134.2M
YoY Change 15.68% 15.51% 5.5%
Cost Of Revenue $67.98M $250.2M $58.00M
YoY Change 17.21% 10.25% -1.53%
Gross Profit $87.25M $339.6M $76.20M
YoY Change 14.51% 19.72% 11.57%
Gross Profit Margin 56.21% 57.58% 56.78%
Selling, General & Admin $16.80M $68.05M $19.30M
YoY Change -12.98% -3.9% 19.88%
% of Gross Profit 19.25% 20.04% 25.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.98M $17.40M $17.70M
YoY Change 7.23% 0.0% 0.0%
% of Gross Profit 21.75% 5.12% 23.23%
Operating Expenses $35.77M $68.05M $37.00M
YoY Change -3.31% -3.9% 9.79%
Operating Profit $51.48M $196.5M $39.20M
YoY Change 31.32% 38.99% 13.29%
Interest Expense -$4.610M $22.81M -$5.500M
YoY Change -16.18% -9.03% -9.84%
% of Operating Profit -8.96% 11.61% -14.03%
Other Income/Expense, Net $1.680M -$14.81M $2.100M
YoY Change -20.0% -15.57% -450.0%
Pretax Income $47.28M $181.7M $35.80M
YoY Change 32.06% 46.71% 27.86%
Income Tax $6.088M $20.56M $3.500M
% Of Pretax Income 12.88% 11.32% 9.78%
Net Earnings $41.12M $161.1M $32.30M
YoY Change 27.29% 54.29% 29.2%
Net Earnings / Revenue 26.49% 27.32% 24.07%
Basic Earnings Per Share $2.24
Diluted Earnings Per Share $563.0K $2.21 $441.3K
COMMON SHARES
Basic Shares Outstanding 71.97M shares 72.05M shares 71.91M shares
Diluted Shares Outstanding 72.87M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $266.4M $266.4M $202.6M
YoY Change 31.47% 31.47% 82.52%
Cash & Equivalents $266.4M $266.4M $202.6M
Short-Term Investments
Other Short-Term Assets $55.04M $66.47M $60.70M
YoY Change -9.33% -7.29% 4.3%
Inventory
Prepaid Expenses
Receivables $113.3M $103.5M $95.73M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $436.4M $436.4M $359.0M
YoY Change 21.53% 21.55% 30.08%
LONG-TERM ASSETS
Property, Plant & Equipment $48.53M $69.76M $43.54M
YoY Change 11.47% -1.88% -0.58%
Goodwill $393.3M $397.7M
YoY Change -1.09% -0.45%
Intangibles
YoY Change
Long-Term Investments $12.05M $15.20M $12.84M
YoY Change -6.08% 16.05% 4.45%
Other Assets $9.926M $16.84M $6.012M
YoY Change 65.1% 43.9% 12.94%
Total Long-Term Assets $708.4M $708.4M $713.5M
YoY Change -0.72% -0.73% -3.01%
TOTAL ASSETS
Total Short-Term Assets $436.4M $436.4M $359.0M
Total Long-Term Assets $708.4M $708.4M $713.5M
Total Assets $1.145B $1.145B $1.073B
YoY Change 6.73% 6.73% 6.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.48M $28.48M $43.35M
YoY Change -34.29% -34.22% 10.68%
Accrued Expenses $74.54M $80.12M $58.03M
YoY Change 28.44% 25.38% -0.22%
Deferred Revenue $17.40M $25.00M
YoY Change -30.41% 20.77%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $19.75M $19.75M $14.25M
YoY Change 38.6% 38.11% 0.0%
Total Short-Term Liabilities $152.9M $152.9M $153.0M
YoY Change -0.07% -0.08% 6.01%
LONG-TERM LIABILITIES
Long-Term Debt $444.8M $444.8M $481.0M
YoY Change -7.54% -7.53% -5.85%
Other Long-Term Liabilities $8.344M $74.45M $14.05M
YoY Change -40.62% -20.29% -48.74%
Total Long-Term Liabilities $453.1M $519.2M $495.1M
YoY Change -8.48% -9.6% -8.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.9M $152.9M $153.0M
Total Long-Term Liabilities $453.1M $519.2M $495.1M
Total Liabilities $674.5M $678.5M $730.2M
YoY Change -7.62% -7.66% -1.34%
SHAREHOLDERS EQUITY
Retained Earnings $506.1M $379.9M
YoY Change 33.19% 28.15%
Common Stock $719.0K $721.0K
YoY Change -0.28% 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $466.2M $466.2M $337.7M
YoY Change
Total Liabilities & Shareholders Equity $1.145B $1.145B $1.073B
YoY Change 6.73% 6.73% 6.02%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $41.12M $161.1M $32.30M
YoY Change 27.29% 54.29% 29.2%
Depreciation, Depletion And Amortization $18.98M $17.40M $17.70M
YoY Change 7.23% 0.0% 0.0%
Cash From Operating Activities $52.57M $228.4M $77.90M
YoY Change -32.52% 14.73% 78.26%
INVESTING ACTIVITIES
Capital Expenditures -$8.765M $25.10M -$11.70M
YoY Change -25.09% 46.96% 18.18%
Acquisitions $14.75M
YoY Change
Other Investing Activities -$14.75M -$16.91M $0.00
YoY Change -100.0%
Cash From Investing Activities -$23.51M -$83.82M -$11.70M
YoY Change 100.98% 72.35% -24.03%
FINANCING ACTIVITIES
Cash Dividend Paid $14.41M
YoY Change 0.19%
Common Stock Issuance & Retirement, Net $24.40M
YoY Change 234.25%
Debt Paid & Issued, Net $32.04M
YoY Change 2.55%
Cash From Financing Activities -7.208M -$81.29M -11.80M
YoY Change -38.92% 29.81% -9.92%
NET CHANGE
Cash From Operating Activities 52.57M $228.4M 77.90M
Cash From Investing Activities -23.51M -$83.82M -11.70M
Cash From Financing Activities -7.208M -$81.29M -11.80M
Net Change In Cash 21.84M $64.81M 54.40M
YoY Change -59.85% -27.97% 257.89%
FREE CASH FLOW
Cash From Operating Activities $52.57M $228.4M $77.90M
Capital Expenditures -$8.765M $25.10M -$11.70M
Free Cash Flow $61.33M $203.3M $89.60M
YoY Change -31.55% 11.71% 67.16%

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CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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-10974000 USD
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
109000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
161261000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
86191000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
97249000 USD
CY2021 us-gaap Earnings Per Share Basic
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2.24
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.45
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.21
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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215606000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13570000 USD
CY2019 us-gaap Stock Repurchased During Period Value
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31822000 USD
CY2019 evtc Stock Issued During Period Value Restricted Stock Award Net Of Cashless Exercise
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfCashlessExercise
8849000 USD
CY2019 us-gaap Profit Loss
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103700000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
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0.20
CY2019 us-gaap Dividends Common Stock Cash
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14420000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6162000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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271623000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14253000 USD
CY2020 us-gaap Stock Repurchased During Period Value
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7300000 USD
CY2020 evtc Stock Issued During Period Value Restricted Stock Award Net Of Cashless Exercise
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfCashlessExercise
8134000 USD
CY2020 us-gaap Profit Loss
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104851000 USD
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2020 us-gaap Dividends Common Stock Cash
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14382000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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-18408000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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342429000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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14799000 USD
CY2021 us-gaap Stock Repurchased During Period Value
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24388000 USD
CY2021 evtc Stock Issued During Period Value Restricted Stock Award Net Of Cashless Exercise
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfCashlessExercise
8792000 USD
CY2021 us-gaap Profit Loss
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161143000 USD
CY2021 us-gaap Common Stock Dividends Per Share Declared
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0.20
CY2021 us-gaap Dividends Common Stock Cash
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14409000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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-514000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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470268000 USD
CY2021 us-gaap Profit Loss
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161143000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
104851000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
103700000 USD
CY2021 us-gaap Depreciation And Amortization
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75070000 USD
CY2020 us-gaap Depreciation And Amortization
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71518000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
68082000 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1877000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1987000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2988000 USD
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
5860000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
5877000 USD
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
6161000 USD
CY2021 evtc Provision For Doubtful Accounts And Sundry Losses
ProvisionForDoubtfulAccountsAndSundryLosses
1859000 USD
CY2020 evtc Provision For Doubtful Accounts And Sundry Losses
ProvisionForDoubtfulAccountsAndSundryLosses
1726000 USD
CY2019 evtc Provision For Doubtful Accounts And Sundry Losses
ProvisionForDoubtfulAccountsAndSundryLosses
3939000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2826000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3905000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6391000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
14799000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
14253000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
13570000 USD
CY2021 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
778000 USD
CY2020 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
0 USD
CY2019 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
0 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1694000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-807000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-893000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1713000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1136000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
936000 USD
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1183000 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
485000 USD
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
18521000 USD
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-8397000 USD
CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
7851000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4322000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4158000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8770000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
3519000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
611000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1750000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-394000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4032000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-215000 USD
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-359000 USD
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
195000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-596000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1738000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6891000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
11504000 USD
CY2021 evtc Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-4869000 USD
CY2020 evtc Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-5936000 USD
CY2019 evtc Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-6055000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-4670000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2365000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1191000 USD
CY2021 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
67277000 USD
CY2020 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
94238000 USD
CY2019 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
76249000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
228420000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
199089000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
179949000 USD
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
41804000 USD
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
31558000 USD
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
36871000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14750000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5585000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25103000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17082000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23002000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
805000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
111000 USD
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
2968000 USD
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-83820000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-48634000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-65347000 USD
CY2021 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1651000 USD
CY2020 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1553000 USD
CY2019 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
886000 USD
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
14409000 USD
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
14382000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
14420000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8793000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8134000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8849000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24388000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7300000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31822000 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
32044000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
31248000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
14250000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-81285000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-62617000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-70227000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1497000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2146000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
64812000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
89984000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
44375000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221105000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
131121000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
131121000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
266351000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202649000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
25724000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86746000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
285917000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221105000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111030000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
19566000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
18456000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
20091000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
285917000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221105000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
131121000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
21695000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
23787000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
28233000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
22668000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
18703000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
757000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
1561000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
2622000 USD
CY2021Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
26 country
CY2021 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates The preparation of the accompanying consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
800000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
700000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1100000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
Allowance for Current Expected Credit LossesThe Company monitors trade receivable balances and estimates the allowance for current expected credit losses based on historical loss rates adjusted by macroeconomic factors. Receivables are considered past due if full payment is not received by the contractual date. Past due accounts are generally written off against the allowance for current expected credit losses, only after all collection attempts have been exhausted.
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
510588000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
589796000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
487374000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2796000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1191000 USD
CY2021 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
5374000 USD
CY2020 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
3934000 USD
CY2021 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
6455000 USD
CY2020 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
2329000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1715000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2796000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
113300000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
95700000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17400000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
36300000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
31300000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
25700000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
16300000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
254500000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
266400000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202600000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
2963000 USD
CY2021Q4 evtc Debt Securities Available For Sale Accumulated Gross Unrealized Gain Maturity After Year One Through Five
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainMaturityAfterYearOneThroughFive
78000 USD
CY2021Q4 evtc Debt Securities Available For Sale Accumulated Gross Unrealized Loss Maturity After Year One Through Five
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedLossMaturityAfterYearOneThroughFive
0 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
3041000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
66255000 USD
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
58701000 USD
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
38120000 USD
CY2020Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
28419000 USD
CY2021Q4 us-gaap Settlement Assets Current
SettlementAssetsCurrent
11417000 USD
CY2020Q4 us-gaap Settlement Assets Current
SettlementAssetsCurrent
10641000 USD
CY2021Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
16000 USD
CY2020Q4 us-gaap Other Receivables Gross Current
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367000 USD
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3000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
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2523000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
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2401000 USD
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11629000 USD
CY2020Q4 evtc Prepaid Expense Software Maintenance Contracts
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10745000 USD
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4927000 USD
CY2020Q4 evtc Prepaid Deferred Project Costs
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11614000 USD
CY2021Q4 evtc Prepaid Cloud Computing Arrangement Fees Current
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4453000 USD
CY2020Q4 evtc Prepaid Cloud Computing Arrangement Fees Current
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2145000 USD
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2286000 USD
CY2020Q4 us-gaap Prepaid Insurance
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2335000 USD
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2078000 USD
CY2020Q4 evtc Prepaid Expense Postage
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1906000 USD
CY2021Q4 evtc Contract Assets Current
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1677000 USD
CY2020Q4 evtc Contract Assets Current
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2661000 USD
CY2021Q4 evtc Prepaid Guarantee Deposits
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850000 USD
CY2020Q4 evtc Prepaid Guarantee Deposits
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2648000 USD
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37148000 USD
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42214000 USD
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9000000 USD
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1700000 USD
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1100000 USD
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900000 USD
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1200000 USD
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500000 USD
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0 USD
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106365000 USD
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47348000 USD
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42297000 USD
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1185000 USD
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1241000 USD
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48533000 USD
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43538000 USD
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17400000 USD
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17400000 USD
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16600000 USD
CY2019Q4 us-gaap Goodwill
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CY2021Q4 us-gaap Goodwill
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569463000 USD
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511852000 USD
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52534000 USD
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35139000 USD
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12074000 USD
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5607000 USD
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4300000 USD
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1000000 USD
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19750000 USD
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289344000 USD
CY2021Q4 evtc Long Term Debt Maturity After Year Three
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0 USD
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17800000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
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17000000 USD
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0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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0 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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0 USD
CY2021Q4 us-gaap Common Stock Shares Authorized
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206000000 shares
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CY2021Q4 us-gaap Common Stock Shares Outstanding
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CY2020Q4 us-gaap Common Stock Shares Outstanding
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CY2021Q4 us-gaap Preferred Stock Shares Authorized
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2000000 shares
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2020Q4 us-gaap Preferred Stock Shares Issued
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CY2021Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2021 us-gaap Stock Repurchased During Period Shares
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600000 shares
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
300000 shares
CY2019 us-gaap Stock Repurchased During Period Shares
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1100000 shares
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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31800000 USD
CY2021 evtc Defined Contribution Plan Vesting Period
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900000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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800000 USD
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3300000 USD
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4400000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
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1700000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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116675000 USD
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99100000 USD
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80200000 USD
CY2012Q4 evtc Preferential Income Tax Rate
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CY2012Q4 evtc Numberof Employeestobe Maintained
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CY2012Q4 evtc Investment Commitments
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200000000 USD
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50000000 USD
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175000 USD
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223000 USD
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10475000 USD
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DeferredTaxAssetsUnearnedRevenue
11058000 USD
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2655000 USD
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3410000 USD
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1181000 USD
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1163000 USD
CY2021Q4 evtc Deferred Tax Assets Debt Issuance Costs
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132000 USD
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189000 USD
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3263000 USD
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1828000 USD
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1036000 USD
CY2020Q4 us-gaap Deferred Tax Assets Derivative Instruments
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2070000 USD
CY2021Q4 evtc Deferred Tax Assets Accrualof Contract Maintenance Cost
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84000 USD
CY2020Q4 evtc Deferred Tax Assets Accrualof Contract Maintenance Cost
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110000 USD
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290000 USD
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310000 USD
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1596000 USD
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1649000 USD
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20887000 USD
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22010000 USD
CY2021Q4 evtc Deferred Tax Liabilities Deferred Compensation
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2193000 USD
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2095000 USD
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7978000 USD
CY2020Q4 evtc Deferred Tax Liabilities Differences Between Assigned Values And Tax Basis Of Assets And Liabilities Recognized In Purchase
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10507000 USD
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2707000 USD
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3340000 USD
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3468000 USD
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3086000 USD
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16346000 USD
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19028000 USD
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4541000 USD
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2982000 USD
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5900000 USD
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3900000 USD
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1400000 USD
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900000 USD
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4500000 USD
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3000000 USD
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51000 USD
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688000 USD
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1558000 USD
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4112000 USD
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3737000 USD
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178000 USD
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1072000 USD
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5908000 USD
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431000 USD
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1335000 USD
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101000 USD
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192000 USD
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92000 USD
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2287000 USD
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4381000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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3951000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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5908000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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9146000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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4000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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5900000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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9100000 USD
CY2021 evtc Unrecognized Tax Expense Benefits Income Tax Penalties And Interest Accrued Period Increase Decrease
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-400000 USD
CY2020 evtc Unrecognized Tax Expense Benefits Income Tax Penalties And Interest Accrued Period Increase Decrease
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-300000 USD
CY2019 evtc Unrecognized Tax Expense Benefits Income Tax Penalties And Interest Accrued Period Increase Decrease
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-400000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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1600000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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2600000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.375
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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68139000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46445000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
43753000 USD
CY2021 evtc Income Tax Reconciliation Differences In Tax Rates Due To Multiple Jurisdictions
IncomeTaxReconciliationDifferencesInTaxRatesDueToMultipleJurisdictions
2003000 USD
CY2020 evtc Income Tax Reconciliation Differences In Tax Rates Due To Multiple Jurisdictions
IncomeTaxReconciliationDifferencesInTaxRatesDueToMultipleJurisdictions
839000 USD
CY2019 evtc Income Tax Reconciliation Differences In Tax Rates Due To Multiple Jurisdictions
IncomeTaxReconciliationDifferencesInTaxRatesDueToMultipleJurisdictions
1058000 USD
CY2021 evtc Income Tax Reconciliation Change In Estimate
IncomeTaxReconciliationChangeInEstimate
-1023000 USD
CY2020 evtc Income Tax Reconciliation Change In Estimate
IncomeTaxReconciliationChangeInEstimate
-1094000 USD
CY2019 evtc Income Tax Reconciliation Change In Estimate
IncomeTaxReconciliationChangeInEstimate
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CY2021 evtc Income Tax Reconciliation Effect Of Income Subject To Tax Exemption Grant
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