EVERTEC (EVTC) 10-K 26 May 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	May. 18, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	EVTC
Entity Registrant Name	EVERTEC, Inc.
Entity Central Index Key	1,559,865
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		74,819,155
Entity Public Float			$ 1,363,977,562

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current Assets:
Cash	$ 28,747	$ 32,114	$ 22,275	$ 25,634
Restricted cash	11,818	5,218
Accounts receivable, net	73,715	70,684
Deferred tax asset	1,685	1,053
Prepaid expenses and other assets	18,758	20,078
Total current assets	134,723	129,147
Investment in equity investee	12,264	11,756
Property and equipment, net	34,128	29,535
Goodwill	368,133	368,837	373,119	372,307
Other intangible assets, net	312,059	334,628
Other long-term assets	8,795	11,418
Total assets	870,102	885,321
Current Liabilities:
Accrued liabilities	37,308	26,052
Accounts payable	21,216	17,753
Unearned income	2,877	3,296
Income tax payable	1,350	1,956
Current portion of long-term debt	22,750	19,000
Short-term borrowings	17,000	23,000
Total current liabilities	102,501	91,057
Long-term debt	625,745	647,579
Long-term deferred tax liability	20,614	23,072
Unearned income-long-term	10,939	8,312
Other long-term liabilities	12,089	20,461
Total liabilities	$ 771,888	$ 790,481
Commitments and contingencies (Note 21)
Stockholders' equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
Common stock, par value $0.01; 206,000,000 shares authorized; 74,988,210 shares issued and outstanding at December 31, 2015 (December 31, 2014-77,893,144)	$ 750	$ 779
Additional paid-in capital	9,718	59,740
Accumulated earnings	95,328	40,843
Accumulated other comprehensive loss, net of tax	(7,582)	(6,522)
Total stockholders' equity	98,214	94,840	$ 87,972	$ 101,593
Total liabilities and stockholders' equity	$ 870,102	$ 885,321

Consolidated Condensed Balance3

Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock authorized	2,000,000	2,000,000
Preferred stock issued	0	0
Common stock par value	$ 0.01	$ 0.01
Common stock authorized	206,000,000	206,000,000
Common stock issued	74,988,210	77,893,144
Common stock outstanding	74,988,210	77,893,144

Consolidated Condensed Statemen

Consolidated Condensed Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Merchant Acquiring, net	$ 85,411	$ 79,136	$ 73,616
Payment Processing (from affiliates: $30,504, $27,094 and $26,747)	108,320	104,713	100,104
Business Solutions (from affiliates: $138,929, $137,242 and $140,693)	179,797	177,939	184,682
Total revenues	373,528	361,788	358,402
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	167,916	157,537	162,980
Selling, general and administrative expenses	37,278	41,276	38,810
Depreciation and amortization	64,974	65,988	70,366
Total operating costs and expenses	270,168	264,801	272,156
Income from operations	103,360	96,987	86,246
Non-operating income (expenses)
Interest income	495	328	236
Interest expense	(24,266)	(25,772)	(37,417)
Earnings of equity method investment	147	1,140	935
Other income (expenses):
Loss on extinguishment of debt			(58,464)
Termination of consulting agreements			(16,718)
Other income (expenses)	2,306	2,375	(500)
Total other income (expenses)	2,306	2,375	(75,682)
Total non-operating expenses	(21,318)	(21,929)	(111,928)
Income (loss) before income taxes	82,042	75,058	(25,682)
Income tax (benefit) expense	(3,335)	8,901	1,435
Net income (loss)	85,377	66,157	(27,117)
Other comprehensive (loss) income, net of tax of $8, $4 and $59 Foreign currency translation adjustments	(545)	(6,948)	1,268
Loss on cash flow hedge	(515)
Total comprehensive income (loss)	$ 84,317	$ 59,209	$ (25,849)
Net income (loss) per common share-basic	$ 1.11	$ 0.84	$ (0.34)
Net income (loss) per common share-diluted	$ 1.11	$ 0.84	$ (0.34)

Consolidated Condensed Stateme5

Consolidated Condensed Statements of Income and Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Payment processing revenue from affiliates	$ 30,504	$ 27,094	$ 26,747
Business solutions revenue from affiliates	138,929	137,242	140,693
Other comprehensive income, income tax expense	$ 8	$ 4	$ 59

Consolidated Condensed Stateme6

Consolidated Condensed Statement of Changes in Equity (Unaudited) - USD ($) $ in Thousands		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]
Beginning Balance, Value at Dec. 31, 2012		$ 101,593	$ 728	$ 52,155	$ 49,552	$ (842)
Beginning Balance, Shares at Dec. 31, 2012			72,846,144
Issuance of common stock upon initial public offering, net of offering costs		112,432	$ 63	112,369
Issuance of common stock upon initial public offering, net of offering costs, Shares			6,250,000
Share-based compensation recognized		6,179		6,179
Tax windfall benefit on share-based compensation		1,829		1,829
Stock options exercised, net of cashless exercise		(16,822)	$ 29	(16,851)
Stock options exercised, net of cashless exercise, Shares			2,880,357
Repurchase of common stock		$ (75,000)	$ (37)	(74,963)
Repurchase of common stock, Shares		(3,700,000)	(3,690,036)
Net income (loss)		$ (27,117)			(27,117)
Cash dividends declared on common stock		(16,390)			(16,390)
Other comprehensive income (loss)		1,268				1,268
Ending Balance, Value at Dec. 31, 2013		87,972	$ 783	80,718	6,045	426
Ending Balance, Shares at Dec. 31, 2013			78,286,465
Beginning Balance, Value at Dec. 31, 2013		87,972	$ 783	80,718	6,045	426
Beginning Balance, Shares at Dec. 31, 2013			78,286,465
Beginning Balance, Value at Dec. 31, 2013		87,972	$ 783	80,718	6,045	426
Beginning Balance, Shares at Dec. 31, 2013			78,286,465
Beginning Balance, Value at Dec. 31, 2013		87,972	$ 783	80,718	6,045	426
Beginning Balance, Shares at Dec. 31, 2013			78,286,465
Share-based compensation recognized		4,587		4,587
Tax windfall benefit on share-based compensation		3,669		3,669
Stock options exercised, net of cashless exercise		(1,432)	$ 8	(1,440)
Stock options exercised, net of cashless exercise, Shares			799,885
Restricted stock grants and units delivered, net of cashless exercise		(26)		(26)
Restricted stock grants and units delivered, net of cashless exercise, Shares			7,988
Repurchase of common stock		$ (26,197)	$ (12)	(26,185)
Repurchase of common stock, Shares		(1,200,000)	(1,201,194)
Net income (loss)		$ 66,157			66,157
Dividend	[1]	21		21
Cash dividends declared on common stock		(31,359)			(31,359)
Cash settlement of stock options		(1,604)		(1,604)
Other comprehensive income (loss)		(6,948)				(6,948)
Ending Balance, Value at Dec. 31, 2014		$ 94,840	$ 779	59,740	40,843	(6,522)
Ending Balance, Shares at Dec. 31, 2014		77,893,144	77,893,144
Ending Balance, Value at Dec. 31, 2014		$ 94,840	$ 779	59,740	40,843	(6,522)
Ending Balance, Shares at Dec. 31, 2014		77,893,144	77,893,144
Beginning Balance, Value at Dec. 31, 2014		$ 94,840	$ 779	59,740	40,843	(6,522)
Beginning Balance, Shares at Dec. 31, 2014		77,893,144	77,893,144
Beginning Balance, Value at Dec. 31, 2014		$ 94,840	$ 779	59,740	40,843	(6,522)
Beginning Balance, Shares at Dec. 31, 2014		77,893,144	77,893,144
Beginning Balance, Value at Dec. 31, 2014		$ 94,840	$ 779	59,740	40,843	(6,522)
Beginning Balance, Shares at Dec. 31, 2014		77,893,144	77,893,144
Share-based compensation recognized		$ 5,204		5,204
Restricted stock grants and units delivered, net of cashless exercise		(306)	$ 1	(307)
Restricted stock grants and units delivered, net of cashless exercise, Shares			107,892
Repurchase of common stock		$ (54,949)	$ (30)	(54,919)
Repurchase of common stock, Shares		(3,000,000)	(3,012,826)
Net income (loss)		$ 85,377			85,377
Cash dividends declared on common stock		(30,892)			(30,892)
Other comprehensive income (loss)		(1,060)				(1,060)
Ending Balance, Value at Dec. 31, 2015		$ 98,214	$ 750	$ 9,718	$ 95,328	$ (7,582)
Ending Balance, Shares at Dec. 31, 2015		74,988,210	74,988,210
[1]	Related to dividend declared in 2012 and accrued upon vesting of stock options. Such options were forfeited during 2014.

Consolidated Condensed Stateme7

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net income (loss)	$ 85,377	$ 66,157	$ (27,117)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	64,974	65,988	70,366
Amortization of debt issue costs and accretion of discount	3,329	3,094	3,905
Write-off of debt issue costs, premium and discount accounted as loss on extinguishment of debt			16,555
Provision for doubtful accounts and sundry losses	2,130	1,360	673
Deferred tax benefit	(3,090)	(3,701)	(3,419)
Share-based compensation	5,204	4,587	6,179
Unrealized (gain) loss on indemnification assets	(14)	446	383
Loss on disposition of property and equipment and other intangibles	143	734	538
Earnings of equity method investment	(147)	(1,140)	(935)
Dividend received from equity method investment		326	984
(Increase) decrease in assets:
Accounts receivable, net	(4,482)	(5,587)	13,646
Prepaid expenses and other assets	(132)	(381)	447
Other long-term assets	(70)	3,365	(1,381)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities	7,596	(697)	(19,480)
Income tax payable	(606)	1,697	(2,700)
Unearned income	2,207	3,571	3,966
Total adjustments	77,042	73,662	89,727
Net cash provided by operating activities	162,419	139,819	62,610
Cash flows from investing activities
Net increase in restricted cash	(6,100)	(285)	(494)
Additions to software and purchase of customer relationship	(25,960)	(14,707)	(16,727)
Property and equipment acquired	(21,022)	(10,898)	(11,692)
Proceeds from sales of property and equipment	14	59	16
Net cash used in investing activities	(53,068)	(25,831)	(28,897)
Cash flows from financing activities
Proceeds from initial public offering, net of offering costs of $12,567			112,432
Proceeds from issuance of long-term debt			700,000
Debt issuance costs			(12,077)
Net (decrease) increase in short-term borrowings	(6,000)	(27,000)	36,000
Proceeds from new short-term borrowing for purchase of equipment			1,800
Repayments of borrowing for purchase of equipment	(1,542)	(1,200)	(13,596)
Dividends paid	(30,921)	(31,359)	(16,390)
Statutory minimum withholding taxes paid on share-based compensation	(306)	(2,001)	(16,851)
Tax windfall benefits on share-based compensation		3,669	1,829
Issuance of common stock		543	29
Repurchase of common stock	(54,949)	(26,197)	(75,000)
Settlement of stock options		(1,604)
Repayment and repurchase of long-term debt	(19,000)	(19,000)	(755,024)
Repayment of other financing agreement			(224)
Net cash (used in) provided by financing activities	(112,718)	(104,149)	(37,072)
Net (decrease) increase in cash	(3,367)	9,839	(3,359)
Cash at beginning of the period	32,114	22,275	25,634
Cash at end of the period	28,747	32,114	22,275
Supplemental disclosure of cash flow information:
Cash paid for interest	21,497	24,280	41,340
Cash paid for income taxes	5,682	976	2,340
Supplemental disclosure of non-cash activities:
Payable due to vendor related to property and equipment and software acquired	$ 3,638	$ 6,115	$ 3,006

Consolidated Condensed Stateme8

Consolidated Condensed Statements of Cash Flows (Unaudited) (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)
Statement of Cash Flows [Abstract]
Proceeds from initial public offering, net of cost of offering	$ 12,567

Restatement of Previously Issue

Restatement of Previously Issued Consolidated Financial Statements	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Restatement of Previously Issued Consolidated Financial Statements	Note 1—Restatement of previously issued consolidated financial statements This Note 1 to the consolidated financial statements discloses the nature of the restatement matters and adjustments and shows the impact of the restatement for the years ended December 31, 2014 and 2013 as well as the restated unaudited condensed consolidated financial information for the interim periods in 2015 and 2014 (see Note 23), which is referred to as the Restatement. The Restatement corrects material errors involved with the accounting for tax positions taken in the 2010 tax year. The Restatement corrects an error in the recognition of a deferred tax asset originating from 2010 tax deductions and the corresponding net operating loss for transaction costs that were based on an uncertain tax position and corrects an error related to the accounting for 2010 debt issuance cost tax deductions based on an uncertain tax position that affected book tax temporary differences and differences in the applicable tax rates over the affected period. These differences impacted deferred tax liability calculations over the affected period. The Restatement also establishes a liability for potential tax liabilities including penalties and interest related to these uncertain tax positions. In the third quarter of 2015, the liability for exposure to potential tax, interest and penalties with respect to the referenced 2010 debt issuance cost deductions was reversed in full as the related statute of limitations expired in such period. This tax liability reversal triggered recognition of a tax benefit of $11.8 million in the third quarter of 2015. The Restatement presents the effect of an adjustment to opening retained earnings as of January 1, 2013, which adjustment reflects the impact of the Restatement on periods prior to 2013. The cumulative effect of those adjustments decreased previously reported accumulated earnings by $20.9 million as of December 31, 2012. The Restatement also corrects other miscellaneous insignificant accounting errors. These errors, individually and in the aggregate, would not have required a restatement. Restatement Background—Restatement adjustments needed to correct errors in accounting for 2010 uncertain tax positions During the preparation of the consolidated financial statements for the year ended December 31, 2015, Management became aware of a potential misapplication of Accounting Standards Codification Topic 740—Income Taxes ASC 740 As part of its restatement preparation and diligence, Management reviewed the accounting for tax positions taken with respect to the amount and timing of tax deductions for 2010 debt issuance costs. Those costs were deducted entirely in 2010. Upon review, Management concluded that the immediate deduction of these costs represented an uncertain tax position. As the deduction was not accounted for as an uncertain tax position, Management concluded there was an error that required correction. In order to correct this error, Management determined the portion of the debt issuance costs that were more likely than not of being allowed as a deduction in 2010 and calculated the resulting liability for unrecognized tax benefits as of December 31, 2010 and subsequent periods. A liability was established for potential tax liabilities including penalties and interest related to the uncertain tax position over the period of exposure. In the third quarter of 2015, the liability for exposure to potential tax, interest and penalties with respect to the 2010 debt issuance cost deduction was reversed in full as the related statute of limitations expired in such period. This tax liability reversal triggered recognition of a tax benefit of $11.8 million in the third quarter of 2015. The Restatement reflects the accounting for the referenced 2010 tax deductions as uncertain tax positions following ASC 740 and its impact on the affected years through 2014. Other insignificant corrective adjustments In addition to the above restatement adjustments, Management elected to correct previously uncorrected misstatements included within Management’s Staff Accounting Bulletin No. 99 (“SAB 99”) analysis wherein individual insignificant adjustments are tracked, aggregated and measured for purposes of determining whether in the aggregate such errors are material for the years ended December 31, 2014 and 2013 and for adjustments that affect the beginning balance as of January 1, 2013. A brief summary of the restatement adjustments and the referenced SAB 99 corrective adjustments and other insignificant miscellaneous adjustments is described below and reflected and quantified, as applicable, in the tables below. The adjustments are cross-referenced to the tables below. Restatement Adjustments (a) Accounting for uncertain tax positions related to 2010 tax deductions Other insignificant corrective adjustments 1. Revenue recognition 2. Interest expense and accrued interest payable 3. Cost of revenues and intangible assets 4. Cost of revenues and deferred costs 5. Card Network Interchange fees 6. Tax expense adjustment Classification corrections: 7. Cash, Accounts Receivable and Accounts Payable . 8. Restricted cash 9. Prepaid assets, Accounts Receivable and Accounts Payable 10. Investing activities Cash Flow Statement 11. Payment Processing and Business Solutions 12. Unearned Income 13. Prepaid expenses, Property and Equipment and Intangible assets 14. Accounts receivable and accounts payable Intra-period corrections with no effect on year-end balances (Unaudited): 15. Compensation expense 16. Selling, general and administrative expenses and Cost of revenues The table below summarizes the effects of the cumulative Restatement adjustments recorded to all periods prior to January 1, 2013 on previously reported accumulated earnings balance: December 31, 2012 As Restatement Other As Reference (in thousands) Accumulated earnings $ 70,414 $ (17,503 ) $ (3,359 ) $ 49,552 a, 1, 2, 5 The tables below summarize the impact of the restatement adjustments and correcting classification adjustments on the Consolidated Statements of Income (Loss) for the years ended December 31, 2014 and 2013: Year ended December 31, 2014 (in thousands) As Restatement Other As Reference Revenues Merchant Acquiring, net $ 79,136 $ — $ — $ 79,136 Payment Processing 105,423 — (710 ) 104,713 11 Business Solutions 176,570 — 1,369 177,939 1, 11 Total revenues 361,129 — 659 361,788 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 156,517 — 1,020 157,537 3, 4, 5 Selling, general and administrative expenses 41,276 — — 41,276 Depreciation and amortization 65,988 — — 65,988 Total operating costs and expenses 263,781 — 1,020 264,801 Income from operations 97,348 — (361 ) 96,987 Non-operating income (expenses) Interest income 328 — — 328 Interest expense (26,081 ) — 309 (25,772 ) 2 Earnings of equity method investment 1,140 — — 1,140 Other income 2,375 — — 2,375 Total non-operating expenses (22,238 ) — 309 (21,929 ) Income before income taxes 75,110 — (52 ) 75,058 Income tax expense 7,578 2,135 (812 ) 8,901 a, 6 Net income 67,532 (2,135 ) 760 66,157 Other comprehensive loss, net of tax Foreign currency translation adjustments (6,948 ) — — (6,948 ) Total comprehensive income $ 60,584 $ (2,135 ) $ 760 $ 59,209 Net income per common share—basic $ 0.86 $ (0.02 ) $ — $ 0.84 Net income per common share—diluted $ 0.86 $ (0.02 ) $ — $ 0.84 Year ended December 31, 2013 (in thousands) As Restatement Other As Reference Revenues Merchant Acquiring, net $ 73,616 $ — $ — $ 73,616 Payment Processing 100,104 — — 100,104 Business Solutions 184,297 — 385 184,682 1 Total revenues 358,017 — 385 358,402 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 163,080 — (100 ) 162,980 4, 5 Selling, general and administrative expenses 38,810 — — 38,810 Depreciation and amortization 70,366 — — 70,366 Total operating costs and expenses 272,256 — (100 ) 272,156 Income from operations 85,761 — 485 86,246 Non-operating income (expenses) Interest income 236 — — 236 Interest expense (37,861 ) — 444 (37,417 ) 2 Earnings of equity method investment 935 — — 935 Other expenses (75,682 ) — — (75,682 ) Total non-operating expenses (112,372 ) — 444 (111,928 ) Loss before income taxes (26,611 ) — 929 (25,682 ) Income tax (benefit) expense (1,990 ) 3,425 — 1,435 a Net loss (24,621 ) (3,425 ) 929 (27,117 ) Other comprehensive income, net of tax Foreign currency translation adjustments 1,268 — — 1,268 Total comprehensive loss $ (23,353 ) $ (3,425 ) $ 929 $ (25,849 ) Net loss per common share—basic $ (0.31 ) $ (0.03 ) $ — $ (0.34 ) Net loss per common share—diluted $ (0.31 ) $ (0.03 ) $ — $ (0.34 ) The following tables summarize the impact of the restatement adjustments and correcting classifications adjustments on the Consolidated Balance Sheet for the year ended December 31, 2014: December 31, 2014 As Restatement Other As Reference (in thousands) Assets Current Assets: Cash $ 32,114 $ — $ — $ 32,114 Restricted cash 5,718 — (500 ) 5,218 8 Accounts receivable, net 75,810 — (5,126 ) 70,684 14 Deferred tax asset 399 755 (101 ) 1,053 a, 6 Prepaid expenses and other assets 20,565 259 (746 ) 20,078 a, 4 Total current assets 134,606 1,014 (6,473 ) 129,147 Investment in equity investee 11,756 — — 11,756 Property and equipment, net 29,535 — — 29,535 Goodwill 368,837 — — 368,837 Other intangible assets, net 334,584 — 44 334,628 3 Other long-term assets 10,917 — 501 11,418 8 Total assets $ 890,235 $ 1,014 $ (5,928 ) $ 885,321 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 26,052 $ — $ — $ 26,052 Accounts payable 22,879 — (5,126 ) 17,753 14 Unearned income 9,825 — (6,529 ) 3,296 1, 12 Income tax payable 1,956 — — 1,956 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 23,000 — — 23,000 Deferred tax liability 1,799 (886 ) (913 ) — a, 6 Total current liabilities 104,511 (886 ) (12,568 ) 91,057 Long-term debt 647,579 — — 647,579 Long-term deferred tax liability, net 15,674 7,398 — 23,072 a Unearned income—long-term — — 8,312 8,312 12 Other long-term liabilities 2,898 17,563 — 20,461 a Total liabilities 770,662 24,075 (4,256 ) 790,481 Commitments and contingencies Stockholders’ equity Preferred stock — — — — Common Stock 779 — — 779 Additional paid-in capital 59,740 — — 59,740 Accumulated earnings 65,576 (23,061 ) (1,672 ) 40,843 Accumulated other comprehensive loss, net of tax (6,522 ) — — (6,522 ) Total stockholders’ equity 119,573 (23,061 ) (1,672 ) 94,840 Total liabilities and stockholders’ equity $ 890,235 $ 1,014 $ (5,928 ) $ 885,321 The table below summarizes the effects of the Restatement adjustments and correcting classification adjustments on the Consolidated Statement of Cash Flows for the years ended December 31, 2014 and 2013: Year ended December 31, 2014 As Restatement Other As Reference Cash flows from operating activities Net income $ 67,532 $ (2,135 ) $ 760 $ 66,157 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 65,988 — — 65,988 Amortization of debt issue costs and accretion of discount 3,094 — — 3,094 Provision for doubtful accounts and sundry losses 1,360 — — 1,360 Deferred tax benefit (1,713 ) (1,176 ) (812 ) (3,701 ) a, 6 Share-based compensation 4,587 — — 4,587 Unrealized loss of indemnification assets 446 — — 446 Loss on disposition of property and equipment and other intangibles 734 — — 734 Earnings of equity method investment (1,140 ) — — (1,140 ) Dividend received from equity method investment 326 — — 326 (Increase) decrease in assets: Accounts receivable, net (6,608 ) — 1,021 (5,587 ) 7, 9, 14 Prepaid expenses and other assets (1,067 ) 83 603 (381 ) a, 9 Other long-term assets 3,365 — — 3,365 Increase (decrease) in liabilities: Accounts payable and accrued liabilities (2,883 ) 3,228 (1,042 ) (697 ) a, 2, 7, 9, 10, 14 Income tax payable 1,697 — — 1,697 Unearned income 4,230 — (659 ) 3,571 1 Total adjustments 72,416 2,135 (889 ) 73,662 Net cash provided by operating activities 139,948 — (129 ) 139,819 Cash flows from investing activities Net increase in restricted cash (285 ) — — (285 ) Additions to software (15,046 ) — 339 (14,707 ) 3, 10 Property and equipment acquired (10,898 ) — — (10,898 ) Proceeds from sales of property and equipment 59 — — 59 Net cash used in investing activities (26,170 ) — 339 (25,831 ) Cash flows from financing activities Net decrease in short-term borrowings (27,000 ) — — (27,000 ) Repayments of borrowing for purchase of equipment (1,200 ) — — (1,200 ) Dividends paid (31,359 ) — — (31,359 ) Statutory minimum withholding taxes paid on share-based compensation (2,001 ) — — (2,001 ) Tax windfall benefits on share-based compensation 3,669 — — 3,669 Issuance of common stock 543 — — 543 Repurchase of common stock (26,197 ) — — (26,197 ) Settlement of stock options (1,604 ) — — (1,604 ) Repayment and repurchase of long-term debt (19,000 ) — — (19,000 ) Net cash used in financing activities (104,149 ) — — (104,149 ) Net increase in cash 9,629 — 210 9,839 Cash at beginning of the period 22,485 — (210 ) 22,275 Cash at end of the period $ 32,114 $ — $ — $ 32,114 Year ended December 31, 2013 As Restatement Other As Reference Cash flows from operating activities Net loss $ (24,621 ) $ (3,425 ) $ 929 $ (27,117 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 70,366 — — 70,366 Amortization of debt issue costs and accretion of discount 3,905 — — 3,905 Write-off of debt issue costs, premium and discount accounted as loss on extinguishment of debt 16,555 — — 16,555 Provision for doubtful accounts and sundry losses 673 — — 673 Deferred tax benefit (5,702 ) 2,283 — (3,419 ) a Share-based compensation 6,179 — — 6,179 Unrealized loss of indemnification assets 383 — — 383 Loss on disposition of property and equipment and other intangibles 538 — — 538 Earnings of equity method investment (935 ) — — (935 ) Dividend received from equity method investment 984 — — 984 (Increase) decrease in assets: — — Accounts receivable, net 9,243 — 4,403 13,646 7, 9, 14 Prepaid expenses and other assets 1,685 (26 ) (1,212 ) 447 a, 9 Other long-term assets (1,381 ) — — (1,381 ) Increase (decrease) in liabilities: Accounts payable and accrued liabilities (16,734 ) 1,168 (3,914 ) (19,480 ) a, 2, 7, 9, 14 Income tax payable (2,700 ) — — (2,700 ) Unearned income 4,429 — (463 ) 3,966 1 Total adjustments 87,488 3,425 (1,186 ) 89,727 Net cash provided by operating activities 62,867 — (257 ) 62,610 Cash flows from investing activities Net increase in restricted cash (494 ) — — (494 ) Additions to software and purchase of customer relationship (16,980 ) — 253 (16,727 ) 13 Property and equipment acquired (11,486 ) — (206 ) (11,692 ) 13 Proceeds from sales of property and equipment 16 — — 16 Net cash used in investing activities (28,944 ) — 47 (28,897 ) Cash flows from financing activities Proceeds from initial public offering, net of offering costs of $12,567 112,432 — — 112,432 Proceeds from issuance of long-term debt 700,000 — — 700,000 Debt issuance costs (12,077 ) — — (12,077 ) Net increase in short-term borrowings 36,000 — — 36,000 Proceeds from new short-term borrowing for purchase of equipment 1,800 — — 1,800 Repayments of borrowing for purchase of equipment (13,596 ) — — (13,596 ) Dividends paid (16,390 ) — — (16,390 ) Statutory minimum withholding taxes paid on share-based compensation (16,851 ) — — (16,851 ) Tax windfall benefits on share-based compensation 1,829 — — 1,829 Issuance of common stock 29 — — 29 Repurchase of common stock (75,000 ) — — (75,000 ) Repayment and repurchase of long-term debt (755,024 ) — — (755,024 ) Repayment of other financing agreement (224 ) — — (224 ) Net cash used in financing activities (37,072 ) — — (37,072 ) Net decrease in cash (3,149 ) — (210 ) (3,359 ) Cash at beginning of the period 25,634 — — 25,634 Cash at end of the period $ 22,485 $ — $ (210 ) $ 22,275 The Restatement adjustments affecting the consolidated statement of cash flows for the years ended December 31, 2014 and 2013 are predominantly included in the Company’s net income (loss) from operations, offset by non-cash adjustments to net income (loss) and changes in operating assets and liabilities. The significant non-cash adjustments include adjustments to deferred taxes and the classification corrections described above. There were no significant adjustments, other than those described above, related to cash used in investing and financing activities.

The Company and Summary of Sign

The Company and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
The Company and Summary of Significant Accounting Policies	Note 2—The Company and Summary of Significant Accounting Policies The Company EVERTEC, Inc. (formerly known as Carib Latam Holdings, Inc.) and its subsidiaries (collectively the “Company,” or “EVERTEC”) is a leading full-service transaction processing business in Latin America and the Caribbean. The Company is based in Puerto Rico and provides a broad range of merchant acquiring, payment processing and business process management services across 18 countries in the region. EVERTEC owns and operates the ATH network, one of the leading automated teller machine (“ATM”) and personal identification number (“PIN”) debit networks in Latin America. In addition, EVERTEC provides a comprehensive suite of services for core bank processing, cash processing and technology outsourcing in the regions the Company serves. EVERTEC serves a broad and diversified customer base of leading financial institutions, merchants, corporations and government agencies with solutions that are essential to their operations, enabling them to issue, process and accept transactions securely. Initial Public Offering and Other Public Offerings On April 17, 2013, the Company completed its initial public offering of 28,789,943 shares of common stock at a price to the public of $20.00 per share. A total of 6,250,000 shares were offered by the Company and a total of 22,539,943 shares were offered by selling stockholders, of which 13,739,284 shares were sold by an affiliate of Apollo Global Management, LLC (“Apollo”) and 8,800,659 shares were sold by Popular, Inc. (“Popular”). The Company used the net proceeds of approximately $117.4 million, after the deduction of underwriting discount and commissions, from the sale of shares in the initial public offering and proceeds from borrowings under the 2013 Credit Agreement (as defined below), together with available cash on hand, to redeem the Company’s 11.0% senior notes due 2018 (the “senior notes”) and to refinance the Company’s previous senior secured credit facilities. On September 18, 2013, the Company completed a public offering of 23,000,000 shares of the Company’s common stock by Apollo, Popular, and current and former employees at a price to the public of $22.50 per share. EVERTEC did not receive any proceeds from this offering. After the completion of the offering, Apollo owned approximately 9.2 million shares of EVERTEC’s common stock, or 11.2%, and Popular owned approximately 17.5 million shares of EVERTEC’s common stock, or 21.3%. On December 13, 2013, the Company completed a public offering of 15,233,273 shares of its common stock by Apollo, Popular, and current and former employees at a price to the public of $20.60 per share. EVERTEC did not receive any proceeds from this offering. After the completion of the offering, Popular owned approximately 11.7 million shares of EVERTEC’s common stock, or 14.9%, and Apollo no longer owns any of the Company’s common stock. Basis of Presentation The consolidated financial statements of EVERTEC have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, the accompanying consolidated financial statements, prepared in accordance with GAAP, contain all adjustments, all of which are normal and recurring in nature, necessary for a fair presentation. All significant intercompany accounts and transactions have been eliminated in consolidation. A summary of the most significant accounting policies used in preparing the accompanying consolidated financial statements is as follows: Principles of Consolidation The accompanying consolidated financial statements include the accounts and operations of the Company, which are presented in accordance with GAAP. The Company consolidates all entities that are controlled by ownership of a majority voting interest. All significant intercompany accounts and transactions are eliminated in the consolidated financial statements. 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 and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Revenue Recognition The Company’s revenue recognition policy follows the guidance from Accounting Standards Codification (“ASC”) 605 Revenue Recognition Revenue Recognition-Multiple Element Arrangements Software The Company recognizes revenue when the following four criteria are met: (i) persuasive evidence of an agreement exists, (ii) delivery and acceptance has occurred or services have been rendered, (iii) the selling price is fixed or determinable, and (iv) collection is reasonably assured. For multiple deliverable arrangements, EVERTEC evaluates each arrangement to determine if the elements or deliverables within the arrangement represent separate units of accounting pursuant to ASC 605-25. If the deliverables are determined to be separate units of accounting, revenues are recognized as units of accounting are delivered and the revenue recognition criteria are met. If the deliverables are not determined to be separate units of accounting, revenues for the delivered services are combined into one unit of accounting and recognized (i) over the life of the arrangement if all services are consistently delivered over such term, or if otherwise, (ii) at the time that all services and deliverables have been delivered. The selling price for each deliverable is based on vendor specific objective evidence (“VSOE”) if available, third party evidence (“TPE”) if VSOE is not available, or management best estimate of selling price (“BESP”) if neither VSOE nor TPE is available. EVERTEC establishes VSOE of selling price using the price charged when the same element is sold separately. EVERTEC bifurcates or allocates the arrangement consideration to each of the deliverables based on the relative selling price of each unit of accounting. The Company has two main categories of revenues according to the type of transactions EVERTEC enters into with the Company’s customers: (a) transaction-based fees and (b) fixed fees and time and material. Transaction-based fees The Company provides services that generate transaction-based fees. Typically transaction-based fees depend on factors such as number of accounts or transactions processed. These factors typically consist of a fee per transaction or item processed, a percentage of dollar volume processed or a fee per account on file, or some combination thereof. Revenue derived from the transaction-based fee contracts are recognized when the underlying transaction is processed, which constitutes delivery of service. Revenues from business contracts in the Company’s Merchant Acquiring segment are primarily comprised of discount fees charged to the merchants based on the sales amount of transactions processed. Revenues include a discount fee and membership fees charged to merchants and debit network fees as well as point-of-sale (“POS”) rental fees. Pursuant to the guidance from ASC 605-45-45, Revenue Recognition—Principal Agent Considerations Payment processing revenues are comprised of revenues related to providing access to the ATH network and other card networks to financial institutions, and related services. Payment processing revenues also include revenues from card issuer processing services (such as credit and debit card processing, authorization and settlement, and fraud monitoring and control to debit or credit card issuers), payment processing services (such as payment and billing products for merchants, businesses and financial institutions) and EBT (which principally consists of services to the Puerto Rico government for the delivery of government benefits to participants). Revenues in EVERTEC’s Payment Processing segment are primarily comprised of fees per transaction processed or per account on file, or a combination of both, and are recognized at the time transactions are processed or on a monthly basis for accounts on file. Transaction-based fees within EVERTEC’s Business Solutions segment consist of revenues from business process management solutions including core bank processing, business process outsourcing, item and cash processing, and fulfillment. Transaction-based fee revenues generated by the Company’s core bank processing services are derived from fees based on various factors such as the number of accounts on file (e.g. savings or checking accounts, loans, etc.), and the number of transactions processed or registered users (e.g. for online banking services). For services dependent on the number of transactions processed, revenues are recognized as the underlying transactions are processed. For services dependent on the number of users or accounts on file, revenues are recognized on a monthly basis based on the number of accounts on file each month. Item and cash processing revenues are based upon the number of items (e.g. checks) processed and revenues are recognized when the underlying item is processed. Fulfillment services include technical and operational resources for producing and distributing variable print documents such as statements, bills, checks and benefits summaries. Fulfillment revenues are based upon the number pages for printing services and the number of envelopes processed for mailing services. Revenues are recognized as services are delivered based on a fee per page printed or envelope mailed, as applicable. Fixed fees and time and material The Company also provides services that generate a fixed fee per month or fees based on time and expenses incurred. These services are mostly provided in EVERTEC’s Business Solutions segment. Revenues are generated from EVERTEC’s core bank solutions, network hosting and management and IT consulting services. In core bank solutions, the Company mostly provides access to applications and services such as back-up or recovery, hosting and maintenance that enable a bank to operate the related hosted services accessing the Company’s IT infrastructure. These contracts generally contain multiple elements or deliverables which are evaluated by EVERTEC and revenues are recognized according to the applicable guidance. Revenue is derived from fixed fees charged for the use of hosted services and are recognized on a monthly basis as delivered. Set-up fees are billed to the customer when the service is rendered; however, they are deferred and recognized as revenues over the term of the arrangement or the expected period of the customer relationship, whichever is longer, as set-up services rarely provide value to the customer on a stand-alone basis and are interrelated with the service to be provided under the contract. In network hosting and management, EVERTEC provides hosting services for network infrastructure at EVETEC’s facilities; automated monitoring services; maintenance of call centers; interactive voice response solutions, among other related services. Revenues are primarily derived from monthly fees as services are delivered. Set-up fees are billed up-front to the customer when the set-up service is rendered; however, they are deferred and recognized as revenues over the term of the arrangement or the expected period of the customer relationship, whichever is longer, as set-up services rarely provide value to the customer on a stand-alone basis and are interrelated with the service under the contract. There are some arrangements under this line of service category that may contain undelivered elements. In such cases, the undelivered elements are evaluated and recognized when the services are delivered or at the time that all deliverables under the contract have been delivered. IT consulting services revenue primarily consists of time billings based upon the number of hours dedicated to each client. Revenue from time billings are recognized as services are delivered. EVERTEC also charges members of the ATH network an annual membership fee; however, these fees are deferred and recognized as revenues on a straight-line basis over the year and recorded in the Company’s Payment Processing segment. In addition, occasionally EVERTEC is a reseller of hardware and software products and revenues from these resale transactions are recognized when such product is delivered and accepted by the client. Service level arrangements The Company’s service contracts may include service level arrangements (“SLA”) generally allowing the customer to receive a credit for part of the service fee when the Company has not provided the agreed level of services. The SLA performance obligation is committed on a monthly basis, thus SLA performance is monitored and assessed for compliance with arrangements on a monthly basis, including determination and accounting for its economic impact, if any. Investment in Equity Investee The Company accounts for investments using the equity method of accounting if the investment provides the Company the ability to exercise significant influence, but not control, over an investee. Significant influence is generally deemed to exist if the Company has an ownership interest in the voting stock of an investor of between 20 percent and 50 percent, although other factors are considered in determining whether the equity method of accounting is appropriate. Under this method, the investment, originally recorded at cost, is adjusted to recognize the Company’s share of net income or losses as they occur. The Company’s share of investee earnings or losses is recorded, net of taxes, within earnings of equity method investment caption in the consolidated statements of income (loss) and comprehensive income (loss). The Company’s consolidated revenues include fees for services provided to an investee accounted under the equity method. Additionally, the Company’s interest in the net asset of its equity method investee is reflected in the consolidated balance sheets. On the acquisition of the investment any difference between the cost of the investment and the amount of the underlying equity in net assets of an investee is required to be accounted as if the investee were a consolidated subsidiary. If the difference is assigned to depreciable or amortizable assets or liabilities, then the difference should be amortized or accreted in connection with the equity earnings based on the Company’s proportionate share of the investee’s net income or loss. If the investor is unable to relate the difference to specific accounts of the investee, the difference should be considered to be goodwill. The Company considers whether the fair value of its equity method investment has declined below their carrying value whenever adverse events or changes in circumstances indicate that recorded values may not be recoverable. If the Company considered any such decline to be other than temporary (based on various factors, including historical financial results, product development activities and the overall health of the investee’s industry), then the Company would record a write-down to estimated fair value. Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation of property and equipment is computed using the straight-line method and expensed over their estimated useful lives. Amortization of leasehold improvements is computed over the terms of the respective leases, including renewal options considered by management to be reasonably assured of being exercised, or the estimated useful lives of the improvements, whichever is shorter. Costs of maintenance and repairs which do not improve or extend the life of the respective assets are expensed as incurred. Impairment on Long-lived Assets Long-lived assets to be held and used, and long-lived assets to be disposed of, are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Capitalization of Software EVERTEC Group develops software that is used in providing processing services to customers. Capitalized software includes purchased software and internally-developed software and is recognized as software packages within the other intangible assets line item in the consolidated balance sheets. Capitalization of internally developed software occurs only after the preliminary project stage is complete and technological feasibility has been achieved, and management’s estimation that the likelihood of successful development and implementation reaches a provable level. Tasks that are generally capitalized are as follows: (a) system design of a chosen path including software configuration and software interfaces; (b) employee costs directly associated with the internal-use computer software project; (c) software development (coding) and software and system testing and verification; (d) system installation; and (e) enhancements that add function and are considered permanent. These tasks are capitalized and amortized using the straight line method over its estimated useful life, which range from three to ten years and is included in depreciation and amortization in the consolidated statements of income (loss) and comprehensive income (loss). The Company capitalizes interest costs incurred in the development of software. The amount of interest capitalized is an allocation of the interest cost incurred during the period required to substantially complete the asset. The interest rate for capitalization purposes is based on a weighted average rate on the Company’s outstanding borrowing. For the years ended December 31, 2015, 2014 and 2013, interest cost capitalized amounted to approximately $0.3 million, $0.3 million and $0.2 million, respectively. Software and Maintenance Contracts Software and maintenance contracts are recorded at cost. Amortization of software and maintenance contracts is computed using the straight-line method and expensed over their estimated useful lives which range from one to five years and are recognized in cost of revenues in the consolidated statements of income (loss) and comprehensive income (loss). Software and maintenance contracts are recognized as prepaid expenses and other assets or within other long-term assets depending on their remaining useful lives. Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price and related costs over the value assigned to net assets acquired. Goodwill is not amortized, but is tested for impairment at least annually, or more often if events or circumstances indicate there may be impairment. The goodwill impairment test is a two-step process at each reporting unit level. The first step used to identify potential impairment, compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired and the second step of the impairment test is not necessary. If the carrying amount of the reporting unit exceeds the fair value, there is an indication of potential impairment and the second step of the goodwill impairment analysis is required. The second step consists of comparing the implied fair value of the reporting unit with the carrying amount of that goodwill. For the years ended December 31, 2015, 2014 and 2013, no impairment losses associated with goodwill were recognized. Other identifiable intangible assets with a definitive useful life are amortized using the straight-line method or an accelerated method. These intangibles are evaluated periodically for impairment when events or changes in circumstances indicate that the carrying amount may not be recoverable. Other identifiable intangible assets with a definitive useful life were acquired during the Merger and include customer relationship, trademark, software packages and non-compete agreement. In addition, in 2015, the Company acquired a Customer Relationship list from a local bank in Puerto Rico. This customer relationship was valued using the excess earnings method under the income approach. Trademark assets were valued using the relief-from-royalty method under the income approach. Software packages, which include capitalized software development costs, were recorded at cost. The non-compete agreement was valued based on the estimated impact that theoretical competition would have on revenues and expenses. Indemnification Assets Indemnification assets represented the Company’s estimates of payments from Popular related to expected losses on services provided to certain common customers of the Company and Popular, and for certain incremental software and license costs expected to be incurred by the Company (see Note 20) during the five years following the Merger date. Indemnification assets are recorded at the fair value of the expected cash flows. The indemnification asset decreases by the payments received from Popular and is subsequently adjusted to reflect the asset at fair value. The fair value adjustment, if any, is included in current period earnings. As of December 31, 2014, the Company’s indemnification related to the software amounted to $1.4 million. As of December 31, 2015, the indemnification asset had been fully repaid. The current portion of the indemnification assets was included within accounts receivable, net and the other long-term portion was included within other long-term assets in the accompanying consolidated balance sheets. Derivative Instruments and Hedging Activities The Company uses derivative financial instruments to enhance its ability to manage its exposure to certain financial and market risks, primarily those related to changes in interest rates. On the date the derivative instrument contract is entered into, the Company may designate the derivative as (1) a hedge of the fair value of a recognized asset or liability or an unrecognized firm commitment (“fair value” hedge), (2) a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow” hedge), or (3) as a “stand-alone” derivative instrument, including economic hedges that the Company has not formally documented as a fair value or cash flow hedge. Changes in the fair value of a derivative that qualifies for cash flow hedge accounting are recognized in Other Comprehensive Income. Amounts accumulated in other comprehensive income are reclassified to earnings when the related cash outflow affects earnings. Changes in the fair value of a derivative instrument that is highly effective and that is designated and qualifies as a fair value hedge, along with changes in the fair value of the hedged asset or liability that is attributable to the hedged risk (including gains or losses on firm commitments), are recorded in current-period earnings. Similarly, the changes in the fair value of stand-alone derivative instruments or derivatives not qualifying or designated for hedge accounting are reported in current-period earnings. The Company recognizes all derivative financial instruments in the Consolidated Balance Sheets as assets or liabilities at fair value. The Company does not enter into derivative financial instruments for speculative purposes. Income Tax Income taxes are accounted for under the asset and liability method. A temporary difference refers to a difference between the tax basis of an asset or liability, determined based on recognition and measurement requirements for tax positions, and its reported amount in the financial statements that will result in taxable or deductible amounts in future years when the reported amount of the asset or liability is recovered or settled, respectively. Deferred tax assets and liabilities represent the future effects on income taxes that result from temporary differences and carryforwards that exist at the end of a period. Deferred tax assets and liabilities are measured using enacted tax rates and provisions of the enacted tax law and are not discounted to reflect the time-value of money. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the consolidated statements of income (loss) and comprehensive income (loss) in the period that includes the enactment date. A deferred tax valuation allowance is established if it is considered more likely than not that all or a portion of the deferred tax asset will not be realized. The Company recognizes the benefit of uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement or disposition of the underlying issue with the taxing authority. Accordingly, the amount of benefit recognized in the consolidated financial statements may differ from the amount taken or expected to be taken in the tax return resulting in unrecognized tax benefits (“UTBs”). The Company recognizes the interest and penalties associated with UTBs as part of the provision for income taxes on its consolidated statements of income (loss) and comprehensive income (loss). Accrued interest and penalties are included on the related tax liability line in the consolidated balance sheet. All companies within EVERTEC are legal entities which file separate income tax returns. Cash Cash includes cash on hand and in banks. Restricted Cash Restricted cash represents cash received on deposits from participating institutions of the ATH network that has been segregated for the development of the ATH brand and cash maintained as collateral for a credit facility with Popular. Also, restricted cash includes certain cash collected from the Ticketpop business and a reserve account for payment and transaction processing services to merchants. The restrictions of these accounts are based on contractual provisions entered into with third parties. This cash is maintained in separate accounts at a financial institution in Puerto Rico. Allowance for Doubtful Accounts An allowance for doubtful accounts is provided for based on the estimated uncollectible amounts of the related receivables. The estimate is primarily based on a review of the current status of specific accounts receivable. 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 doubtful accounts only after all collection attempts have been exhausted. Foreign Currency Translation Assets and liabilities denominated in foreign currencies are translated to U.S. dollars using prevailing rates of exchange at the end of the period. Revenues, expenses, gains and losses are translated using weighted average rates for the period. The resulting foreign currency translation adjustment from operations for which the functional currency is other than the U.S. dollar is reported in accumulated other comprehensive income (loss). Gains and losses on transactions denominated in currencies other than the functional currencies are included in determining net income for the period in which exchange rates change. Share-based Compensation The Company estimates the fair value of stock-based awards, on a contemporaneous basis, at the date they are granted using the Black-Scholes-Merton option pricing model for Tranche A options and the Monte Carlo simulation analysis for Tranche B and Tranche C options and market based restricted stock units (“RSUs”) using the following assumptions: (1) stock price; (2) risk-free rate; (3) expected volatility; (4) expected annual dividend yield and (5) expected term. The risk-free rate is based on the U.S. Constant Maturities Treasury Interest Rate as of the grant date. The expected volatility is based on a combination of historical volatility and implied volatility from publicly traded companies in the Company’s industry. The expected annual dividend yield is based on management’s expectations of future dividends as of the grant date. The expected term for stock options granted under the 2010 Plan was based on the vesting time of the options. For the stock options granted under the 2013 Plan, the simplified method was used to estimate the expected term, given that the Company did not have appropriate exercise data on which to base the estimate nor is exercise data relating to employees of comparable companies easily obtainable. Upon option exercise, participants may elect to “net share settle”. Rather than requiring the participant to deliver cash to satisfy the exercise price and statutory minimum tax withholdings, the Company withholds a sufficient number of shares to cover these amounts and delivers the net shares to the participant. The Company recognizes the associated tax withholding obligation as a reduction of additional paid-in capital. As compensation expense is recognized, a deferred tax asset is established. At the time stock options are exercised, a current tax deduction arises based on the value at the time of exercise. This deduction may exceed the associated deferred tax asset, resulting in a “windfall tax benefit”. The windfall is recognized in the consolidated balance sheet as an increase to additional paid-in capital, and is included in the consolidated statement of cash flows as a financing inflow. In determining the amount of cash tax savings realized from the excess share-based compensation deductions, the Company follows the tax law ordering approach. Under this approach, the utilization of excess tax deductions associated with share-based awards is dictated by provisions in the tax law that identify the sequence in which such benefits are utilized for tax purposes. Net Income (Loss) Per Common Share Basic net income (loss) per common share is determined by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share assumes the issuance of all potentially dilutive share equivalents using the treasury stock method. For stock options and RSUs it is assumed that the proceeds will be used to buy back shares. Such proceeds equal the average unrecognized compensation plus exercise price and windfall tax benefits. For unvested restricted shares, the proceeds equal the average unrecognized compensation plus windfall tax benefits.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 3—Recent Accounting Pronouncements The Financial Accounting Standards Board (“FASB”) has issued the following accounting pronouncements and guidance relevant to the Company’s operations: On February 18, 2015, the FASB issued new guidance for entities in all industries and provides a new scope exception to registered money market funds and similar unregistered money market funds. It makes targeted amendments to the current consolidation guidance and ends the deferral granted to investment companies from applying the VIE guidance. Amendments in this Update are effective for public companies for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The Company does not expect this guidance to have an impact on the consolidated financial statements when adopted. On April 7, 2015, the FASB issued guidance simplifying the presentation of debt issuance costs. The amendments in this Update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. Amendments in this update are effective for public companies for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements. On April 15, 2015, the FASB issued updated guidance for accounting for fees paid in a cloud computing arrangement. The amendments in this Update provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The guidance will not change GAAP for a customer’s accounting for service contracts. For public companies, amendments in this Update will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements. In August 2015, the FASB deferred the effective date for updated guidance on revenue recognition by one year. Previously, Update 2014-09 was effective for annual reporting periods beginning after December 15, 2016. The amendments in the Update provide that the guidance be applied to reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements. In August 2015, the FASB clarified that the presentation of debt issuance costs related to line-of-credit arrangements as an asset is acceptable, regardless of whether there are any outstanding borrowings on the line of credit arrangement. The amendments in this Update are effective for public companies for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements. In September 2015, the FASB issued updated guidance simplifying the accounting for measurement-period adjustments for business combinations. The amendments in this Update require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this Update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this Update require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments in this Update should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this Update with earlier application permitted for financial statements that have not been issued. The Company is currently evaluating the impact, if any, of the adoption of this guidance on its consolidated financial statements. In November 2015, the FASB issued updated guidance to simplify the classification of deferred income taxes. The amendments in this Update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this Update apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this Update. The amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this Update may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. If an entity applies the guidance prospectively, the entity should disclose in the first interim and first annual period of change, the nature of and reason for the change in accounting principle and a statement that prior periods were not retrospectively adjusted. If an entity applies the guidance retrospectively, the entity should disclose in the first interim and first annual period of change the nature of and reason for the change in accounting principle and quantitative information about the effects of the accounting change on prior periods. The Company is currently evaluating the impact of the adoption of this guidance on the balance sheet. In January 2016, the FASB issued updated guidance for the recognition and measurement of financial assets and financial liabilities. The amendments in this Update require equity investments to be measured at fair value with changes in fair value recognized in net income. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. The amendments also simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. Also, the Update eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, and require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. The amendments require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments, in addition, separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements is required. The amendments also clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities. The amendments in this Update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption of the amendments in this Update is not permitted, with the exception of early application guidance discussed in the Update. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements.

Cash

Cash	12 Months Ended
	Dec. 31, 2015
Cash and Cash Equivalents [Abstract]
Cash	Note 4—Cash At December 31, 2015 and 2014, the Company’s cash amounted to $28.7 million and $32.1 million, respectively, which is deposited in interest bearing deposit accounts within financial institutions. Of the total cash balance at December 31, 2015, $16.4 million resides in subsidiaries located outside of Puerto Rico. Cash deposited in an affiliate financial institution amounted to $12.1 million and $7.8 million as of December 31, 2015 and 2014, respectively.

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Accounts Receivable, Net	Note 5—Accounts Receivable, Net Accounts receivable, net consisted of the following: December 31, (Dollar amounts in thousands) 2015 2014 (As restated) Trade $ 52,652 $ 53,503 Due from affiliates, net 16,886 13,140 Settlement assets 6,304 4,742 Other 123 306 Less: allowance for doubtful accounts (2,250 ) (1,007 ) Accounts receivable, net $ 73,715 $ 70,684 The Company records settlement assets that result from timing differences in the Company’s settlement processes with merchants, financial institutions, and credit card associations related to merchant and card transaction processing. The amounts are generally collected or paid the following business day.

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Assets	Note 6—Prepaid Expenses and Other Assets Prepaid expenses and other assets consisted of the following: December 31, (Dollar amounts in thousands) 2015 2014 (As restated) Software licenses and maintenance contracts $ 6,526 $ 7,028 Deferred project costs 4,067 2,297 Insurance 1,313 1,321 Prepaid income taxes 1,259 3,984 Taxes other than income 1,042 1,102 Postage 751 709 Other 3,800 3,637 Prepaid expenses and other assets $ 18,758 $ 20,078

Investment in Equity Investee

Investment in Equity Investee	12 Months Ended
	Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Investment in Equity Investee	Note 7—Investment in Equity Investee CONTADO is the largest merchant acquirer and ATM network in the Dominican Republic. The Company uses the equity method of accounting to account for its equity interest in CONTADO. As a result of the acquisition in 2011 of CONTADO’s 19.99% equity interest, the Company calculated an excess cost of the investment in CONTADO over the amount of underlying equity in net assets of approximately $9.0 million, which was mainly attributed to customer relationships, trademark and goodwill intangibles. The Company’s excess basis allocated to amortizable assets is recognized on a straight-line basis over the lives of the appropriate intangibles. Amortization expense for each of the years ended December 31, 2015, 2014 and 2013 amounted to approximately $0.3 million, and was recorded within earnings of equity method investment in the consolidated statements of income (loss) and comprehensive income (loss). The Company recognized $0.1 million, $1.1 million and $0.9 million as equity in CONTADO’s net income, net of amortization, in the consolidated statements of income (loss) and comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013, respectively. For the years ended December 31, 2014 and 2013, the Company received $0.3 million and $1.0 million, respectively in dividends from CONTADO. No dividends were received during 2015. CONTADO fiscal year ends December 31 and is reported in the consolidated statements of income (loss) and comprehensive income (loss) for the period subsequent to the acquisition date on a one month lag. No significant events occurred in CONTADO’s operations subsequent to November 30, 2015 that would have materially affected the Company’s reported results.

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Note 8—Property and Equipment, Net Property and equipment, net consisted of the following: Useful life December 31, (Dollar amounts in thousands) 2015 2014 Buildings 30 $ 1,606 $ 1,602 Data processing equipment 3 – 5 94,523 77,588 Furniture and equipment 3 – 20 8,170 7,540 Leasehold improvements 5 – 10 3,649 2,964 107,948 89,694 Less—accumulated depreciation and amortization (75,244 ) (61,580 ) Depreciable assets, net 32,704 28,114 Land 1,424 1,421 Property and equipment, net $ 34,128 $ 29,535 Depreciation and amortization expense related to property and equipment was $15.1 million, $15.5 million and $16.2 million for the years ended December 31, 2015, 2014 and 2013, respectively.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Note 9—Goodwill The changes in the carrying amount of goodwill, allocated by reportable segments, were as follows (See Note 22): (Dollar amounts in thousands) Merchant Payment Business Total Balance at December 31, 2012 $ 138,121 $ 187,028 $ 47,158 $ 372,307 Foreign currency translation adjustments — 594 218 812 Balance at December 31, 2013 138,121 187,622 47,376 373,119 Foreign currency translation adjustments — (3,394 ) (888 ) (4,282 ) Balance at December 31, 2014 138,121 184,228 46,488 368,837 Foreign currency translation adjustments — (732 ) 28 (704 ) Balance at December 31, 2015 $ 138,121 $ 183,496 $ 46,516 $ 368,133 Goodwill is tested for impairment on an annual basis, or more often if events or changes in circumstances indicate there may be impairment. The goodwill impairment test is a two-step process at each reporting unit level. The first step (“Step 1”) compares the estimated fair value of the reporting units to their carrying values, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired and the second step of the impairment test was unnecessary. If needed, the second step (“Step 2”) consists of comparing the implied fair value of the reporting units with the carrying amount of that goodwill. During the third quarter of 2015, the Company performed Step 1 of the goodwill impairment analysis for each of the Company’s reporting units, using fair value as of August 31, 2015. Given that the estimated fair values of the reporting units exceeded their carrying value, goodwill is not considered impaired. Accordingly, no impairment losses for the period were recognized. For 2014, the Company used a “qualitative assessment” option or “step zero” for the goodwill impairment test for all of its reporting units. With this process, the Company first assesses whether it is “more likely than not” that the fair value of a reporting unit is less than its carrying amount. If the answer is no, then the fair value of the reporting unit does not need to be measured, and step one and step two are bypassed. In assessing the fair value of a reporting unit, which is based on the nature of the business and reporting unit’s current and expected financial performance, the Company uses a combination of factors such as industry and market conditions, overall financial performance and the entity and reporting unit specific events.

Other Intangible Assets

Other Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets	Note 10—Other Intangible Assets The carrying amount of other intangible assets consisted of the following: (Dollar amounts in thousands) Useful life in years December 31, 2015 Gross Accumulated Net carrying Customer relationships 10 – 14 $ 322,632 $ (117,963 ) $ 204,669 Trademark 10 – 15 39,950 (18,186 ) 21,764 Software packages 3 – 10 155,611 (106,735 ) 48,876 Non-compete agreement 15 56,539 (19,789 ) 36,750 Other intangible assets, net $ 574,732 $ (262,673 ) $ 312,059 (Dollar amounts in thousands) Useful life in years December 31, 2014 Gross Accumulated Net carrying (As restated) Customer relationships 14 $ 312,735 $ (95,482 ) $ 217,253 Trademark 10 – 15 39,950 (14,722 ) 25,228 Software packages 3 – 10 138,232 (86,605 ) 51,627 Non-compete agreement 15 56,539 (16,019 ) 40,520 Other intangible assets, net $ 547,456 $ (212,828 ) $ 334,628 Amortization expense related to intangibles was $49.9 million, $50.5 million and $54.2 million for the years ended December 31, 2015, 2014 and 2013, respectively. Amortization expense related to software costs was $20.1 million, $21.0 million and $24.5 million for the years ended December 31, 2015, 2014 and 2013, respectively. The estimated amortization expenses of balances outstanding at December 31, 2015 for the next five years are as follows: (Dollar amounts in thousands) 2016 $ 42,532 2017 39,244 2018 35,956 2019 34,262 2020 32,151

Other Long-Term Assets

Other Long-Term Assets	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Other Long-Term Assets	Note 11—Other Long-Term Assets As of December 31, 2015, other long-term assets included $7.1 million related to deferred debt-issuance costs and $1.7 million related to the long-term portion of certain software and maintenance contracts. As of December 31, 2014, other long-term assets included $9.3 million related to deferred debt-issuance costs, $0.5 million for long-term restricted cash and $1.6 million related to the long-term portion of certain software and maintenance contracts.

Debt and Short-Term Borrowings

Debt and Short-Term Borrowings	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt and Short-Term Borrowings	Note 12—Debt and Short-Term Borrowings Total debt was as follows: December 31, (Dollar amounts in thousands) 2015 2014 Senior Secured Credit Facility (Term A) due on April 17, 2018 paying interest at a variable interest rate (London InterBank Offered Rate (“LIBOR”) plus applicable margin (1)(3) $ 262,323 $ 277,239 Senior Secured Credit Facility (Term B) due on April 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin (2)(3) 386,172 389,340 Senior Secured Revolving Credit Facility expiring on April 17, 2018 paying interest at a variable interest rate 17,000 23,000 Note Payable due on October 1, 2017 (3) 2,967 4,333 Note Payable due on July 31, 2017 (3) 685 — Total debt $ 669,147 $ 693,912 (1) Applicable margin of 2.25% and 2.50% at December 31, 2015 and 2014, respectively. (2) Subject to a minimum rate (“LIBOR floor”) of 0.75% plus applicable margin of 2.50% and 2.75% at December 31, 2015 and 2014, respectively. (3) Net of unaccreted discount. The following table presents contractual principal payments for the next five years: (Dollar amounts in thousands) 2016 $ 24,681 2017 32,180 2018 221,500 2019 4,000 2020 374,000 Senior Secured Credit Facilities On April 17, 2013, EVERTEC Group entered into a credit agreement (the “2013 Credit Agreement”) governing the senior secured credit facilities, consisting of a $300.0 million term loan A facility (the “Term A Loan”) which matures on April 17, 2018, a $400.0 million term loan B facility (the “Term B Loan”) which matures on April 17, 2020 and a $100.0 million revolving credit facility which matures on April 17, 2018. The net proceeds received by EVERTEC Group from the senior secured credit facilities, together with other cash available to EVERTEC Group, were used to, among other things, refinance EVERTEC Group’s previous senior secured credit facilities and redeem a portion of the senior notes, as further described below. As a result of the debt refinancing, EVERTEC Group’s previous senior secured credit facilities were evaluated under ASC 470-50, Debtor’s Accounting for a Modification or Exchange of Debt Instruments Senior Notes On March 29, 2013, EVERTEC Group provided notice to Wilmington Trust, National Association (the “Trustee”) pursuant to the Indenture, dated as of September 30, 2010 (as supplemented by Supplemental Indenture No. 1, dated as of April 17, 2012, Supplemental Indenture No. 2, dated as of May 7, 2012 and Supplemental Indenture No. 3, dated as of May 7, 2012) between EVERTEC Group and EVERTEC Finance Corp. (together, the “Co-Issuers”), the Guarantors named therein and the Trustee (the “Indenture”), that the Co-Issuers had elected to (i) redeem $91.0 million principal amount of their outstanding senior notes, at a redemption price of 111.0%, plus accrued and unpaid interest, on April 29, 2013 (the “Partial Redemption”) and (ii) redeem all of their outstanding senior notes (after giving effect to the redemption of $91.0 million principal amount of the senior notes described in clause (i)) at a redemption price of 100.0% plus a make-whole premium and accrued and unpaid interest, on April 30, 2013 (the “Full Redemption”). On April 17, 2013, the Co-Issuers and the Trustee entered into a Satisfaction and Discharge Agreement whereby EVERTEC Group caused to be irrevocably deposited with the Trustee, to satisfy and to discharge the Co-Issuers’ obligations under the Indenture (a) a portion of the net cash proceeds received by the Company in the initial public offering to Holdings, which contributed such proceeds to EVERTEC Group, in an amount sufficient to effect the Partial Redemption on April 29, 2013 and (b) proceeds from the 2013 Credit Agreement described above in an amount sufficient to effect the Full Redemption on April 30, 2013. On April 29, 2013, the Partial Redemption was effected and on April 30, 2013, the Full Redemption was effected. Based on accounting guidance, the senior notes were considered extinguished. Accordingly, the outstanding premium of $1.8 million and unamortized debt issuance costs of $7.0 million were written-off and presented as a loss on extinguishment of debt. In addition, the redemption premium payments totaling $41.9 million were accounted for as a loss on extinguishment of debt. Senior Secured Credit Facilities Term A Loan As of December 31, 2015, the outstanding principal amount of the Term A Loan was $262.5 million. The Term A Loan requires principal payments on the last business day of each quarter equal to (a) 1.250% of the original principal amount commencing on September 30, 2013 through June 30, 2016; (b) 1.875% of the original principal amount from September 30, 2016 through June 30, 2017; (c) 2.50% of the original principal amount from September 30, 2017 through March 31, 2018; and (d) the remaining outstanding principal amount on the maturity of the Term A Loan on April 17, 2018. Interest is based on EVERTEC Group’s first lien secured net leverage ratio and payable at a rate equal to, at the Company’s option, either (a) LIBOR Rate plus an applicable margin ranging from 2.00% to 2.50%, or (b) Base Rate plus an applicable margin ranging from 1.00% to 1.50%. Term A Loan has no LIBOR Rate or Base Rate minimum or floor. Term B Loan As of December 31, 2015, the outstanding principal amount of the Term B Loan was $390.0 million. The Term B Loan requires principal payments on the last business day of each quarter equal to 0.250% of the original principal amount commencing on September 30, 2013 and the remaining outstanding principal amount on the maturity of the Term B Loan on April 17, 2020. Interest is based on EVERTEC Group’s first lien secured net leverage ratio and payable at a rate equal to, at the Company’s option, either (a) LIBOR Rate plus an applicable margin ranging from 2.50% to 2.75%, or (b) Base Rate plus an applicable margin ranging from 1.50% to 1.75%. The LIBOR Rate and Base Rate are subject to floors of 0.75% and 1.75%, respectively. Revolving Credit Facility The revolving credit facility has an available balance up to $100.0 million, with an interest rate on loans calculated the same as the applicable Term A Loan rate. The facility matures on April 17, 2018 and has a “commitment fee” payable one business day after the last business day of each quarter calculated based on the daily unused commitment during the preceding quarter. The commitment fee for the unused portion of this facility ranges from 0.125% to 0.375% and is based on EVERTEC Group’s first lien secured net leverage ratio. As of December 31, 2015, the outstanding balance of the revolving credit facility was $17.0 million. All loans may be prepaid without premium or penalty. The senior secured credit facilities were evaluated under accounting guidance and accordingly, $7.2 million of debt issue costs were capitalized and are being amortized over the term of the new debt using the interest method and $4.9 million of debt issue costs were expensed and are presented in the Company’s consolidated financial statements as a loss on the extinguishment of debt. The senior secured credit facilities contain various restrictive covenants. The Term A Loan and the revolving credit facility (subject to certain exceptions) require the Company to maintain on a quarterly basis a specified maximum senior secured leverage ratio of up to 6.60 to 1.00 as defined in the 2013 Credit Agreement (total first lien secured debt to adjusted EBITDA). In addition, the 2013 Credit Agreement, among other things: (a) limits the Company’s ability and the ability of the Company’s subsidiaries to incur additional indebtedness, incur liens, pay dividends or make certain other restricted payments, as all net assets are restricted, and enter into certain transactions with affiliates; (b) restricts the Company’s ability to enter into agreements that would restrict the ability of the Company’s subsidiaries to pay dividends or make certain payments to EVERTEC; and (c) places restrictions on the Company’s ability and the ability of the Company’s subsidiaries to merge or consolidate with any other person or sell, assign, transfer, convey or otherwise dispose of all or substantially all of the Company’s assets. Notes payable In December 2014 and June 2015, EVERTEC entered into non-interest bearing financing agreements of $4.6 million and $1.1 million, respectively, to purchase software. As of December 31, 2015, the outstanding principal balance of the notes payable is $4.2 million. The current portion of these notes is recorded as part of accounts payable and the long-term portion is included in other long-term liabilities. Interest Rate Swap In December 2015, the Company entered into a plain-vanilla floored interest-rate swap agreement (the “Swap”) with a major credit-worthy United States commercial bank. Prior to executing the Swap, 100% of EVERTEC’s outstanding debt is at a variable interest rate. With the Swap, the Company will fix the interest rate on $200 million of the Company’s Term B loan beginning in January of 2017, which represents approximately 30% of the Company’s outstanding debt at December 31, 2015. The Swap agreement has a notional amount of $200 million, matures in April of 2020, a fixed rate of 1.9225%, which hedges the variable portion of the debt, the same payment dates as the underlying loan agreement and a floor equal to 75 basis points. The Company has accounted for this transaction as a cash flow hedge. The fair value of the Company’s derivative instruments is determined using standard valuation models. The significant inputs used in these models are readily available in public markets, or can be derived from observable market transactions, and therefore have been classified as Level 2. Inputs used in these standard valuation models for derivative instruments include the applicable forward rates, and discount rates. As of December 31, 2015, the Company has a derivative liability included in other long-term liabilities amounting to $0.5 million, and a corresponding cash flow hedge loss included in other comprehensive income (loss). The cash flow hedge is considered highly effective and no impact on earnings is expected due to hedge ineffectiveness.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	Note 13—Financial Instruments and Fair Value Measurements Recurring Fair Value Measurements Fair value measurement provisions establish a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. These provisions describe three levels of input that may be used to measure fair value: Level 1 Level 2 Level 3 The Company uses observable inputs when available. Fair value is based upon quoted market prices when available. If market prices are not available, the Company may employ internally-developed models that mostly use market-based inputs including yield curves, interest rates, volatilities, and credit curves, among others. The Company limits valuation adjustments to those deemed necessary to ensure that the financial instrument’s fair value adequately represents the price that would be received or paid in the marketplace. Valuation adjustments may include consideration of counterparty credit quality and liquidity as well as other criteria. The estimated fair value amounts are subjective in nature and may involve uncertainties and matters of significant judgment for certain financial instruments. Changes in the underlying assumptions used in estimating fair value could affect the results. The fair value measurement levels are not indicative of risk of investment. The following table summarizes fair value measurements by level at December 31, 2015 and 2014, for assets and liabilities measured at fair value on a recurring basis: (Dollar amounts in thousands) Level 1 Level 2 Level 3 Total December 31, 2015 Financial assets: Indemnification assets: Software cost reimbursement $ — $ — $ — $ — Financial liabilities: Interest rate swap — 515 — 515 December 31, 2014 Financial assets: Indemnification assets: Software cost reimbursement $ — $ — $ 1,428 $ 1,428 The fair value of financial instruments is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value estimates are made at a specific point in time based on the type of financial instrument and relevant market information. Many of these estimates involve various assumptions and may vary significantly from amounts that could be realized in actual transactions. For those financial instruments with no quoted market prices available, fair values have been estimated using present value calculations or other valuation techniques, as well as management’s best judgment with respect to current economic conditions, including discount rates and estimates of future cash flows. Derivative Instruments The fair value of the Company’s derivative instruments is determined using standard valuation models. The significant inputs used in these models are readily available in public markets, or can be derived from observable market transactions, and therefore have been classified as Level 2. Inputs used in these standard valuation models for derivative instruments include the applicable forward rates, and discount rates. The discount rates are based on the historical LIBOR Swap rates. Software Indemnification Asset Indemnification assets included the present value of the expected future cash flows of certain expense reimbursement agreements with Popular. These contracts had termination dates up to September 2015 and were entered into in connection with the merger transaction completed on September 30, 2010 (“the Merger”). Management prepared estimates of the expected reimbursements to be received from Popular until the termination of the contracts, discounted the estimated future cash flows and recorded the indemnification assets as of the Merger closing date. Payments received during the quarters reduced the indemnification asset balance. As of December 31, 2015, the indemnification asset has been fully repaid. For both the years ended December 31, 2014 and 2013, the Company recorded a net unrealized loss of $0.4 million, which are reflected within the other expenses caption in the consolidated statements of income (loss) and comprehensive income (loss). The current portion of the indemnification assets were included within accounts receivable, net and the other long-term portion was included within other long-term assets in the 2014 accompanying consolidated balance sheet. See Note 20 for additional information regarding the expense reimbursement agreements. For indemnification assets a significant increase or decrease in market rates or cash flows could have resulted in a significant change to the fair value. Also, the credit rating and/or the non-performance credit risk of Popular, which is subjective in nature, also could have increased or decreased the sensitivity of the fair value of these assets. The following table presents the carrying value, as applicable, and estimated fair values for financial instruments at December 31, 2015 and 2014: December 31, 2015 2014 (Dollar amounts in thousands) Carrying Fair Value Carrying Fair Value Financial assets: Indemnification assets: Software cost reimbursement $ — $ — $ 1,428 $ 1,428 Financial liabilities: Interst rate swap $ 515 $ 515 $ — $ — Senior secured term loan A 262,323 250,688 277,240 266,400 Senior secured term loan B 386,172 373,749 389,340 385,462 The fair value of the senior secured term loans at December 31, 2015 and 2014 was obtained using the prices provided by third party service providers. Their pricing is based on various inputs such as: market quotes, recent trading activity in a non-active market or imputed prices. Also, the pricing may include the use of an algorithm that could take into account movement in the general high yield market, among other variants. The senior secured term loans, which are not measured at fair value in the balance sheets, if measured, could be categorized as Level 3 in the fair value hierarchy. The following table provides a summary of the change in fair value of the Company’s Level 3 assets: (Dollar amounts in thousands) Indemnification Balance—December 31, 2012 $ 6,099 Payments received (2,130 ) Unrealized loss recognized in other expenses (383 ) Balance—December 31, 2013 3,586 Payments received (1,712 ) Unrealized loss recognized in other expenses (446 ) Balance—December 31, 2014 1,428 Payments received (1,442 ) Unrealized gain recognized in other expenses 14 Balance—December 31, 2015 $ — There were no transfers in or out of Level 3 during the years ended December 31, 2015, 2014 and 2013.

Equity

Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Equity	Note 14—Equity The Company is authorized to issue up to 206,000,000 shares of common stock of $0.01 par value. At December 31, 2015 and 2014, the Company had 74,988,210 and 77,893,144 shares outstanding, respectively. The Company is also authorized to issue 2,000,000 shares of $0.01 par value preferred stock. As of December 31, 2015, no shares of preferred stock have been issued. Stock Repurchase In 2015, the Company repurchased a total of 3.0 million shares at a cost of $54.9 million. In 2014, a total of 1.2 million shares were repurchased at a cost of $26.2 million. In 2013, the Company repurchased 3.7 million shares at a cost of $75.0 million. The Company funded such repurchases with cash on hand and borrowings to the existing revolving credit facility. As of December 31, 2015, 2014 and 2013, the repurchased shares were permanently retired. Dividends During 2013, the Company implemented a policy under which EVERTEC pays a regular quarterly dividend on the Company’s common stock, subject to the declaration thereof each quarter by the Company’s Board of Directors. The Company’s dividend activity in 2015 and 2014 was as follows: Declaration Date Record Date Payment Date Dividend per share February 12, 2014 February 25, 2014 March 14, 2014 0.10 May 7, 2014 May 19, 2014 June 6, 2014 0.10 August 6, 2014 August 18, 2014 September 5, 2014 0.10 November 5, 2014 November 17, 2014 December 5, 2014 0.10 February 18, 2015 March 2, 2015 March 19, 2015 0.10 May 6, 2015 May 18, 2015 June 5, 2015 0.10 August 5, 2015 August 17, 2015 September 3, 2015 0.10 November 4, 2015 November 16, 2015 December 4, 2015 0.10 Accumulated Other Comprehensive income The following table provides a summary of the changes in the balances comprising accumulated other comprehensive loss for the year ended December 31, 2015: Foreign Currency Cash Flow Hedge Total Balance—December 31, 2013 $ 426 $ — $ 426 Additions: (6,948 ) — (6,948 ) Balance—December 31, 2014 (6,522 ) — (6,522 ) Additions: (545 ) (515 ) (1,060 ) Balance—December 31, 2015 $ (7,067 ) $ (515 ) $ (7,582 )

Share-based Compensation

Share-based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation	Note 15—Share-based Compensation Equity Incentive Plans On September 30, 2010, Holdings Board of Directors adopted the Carib Holdings, Inc. 2010 Equity Incentive Plan (the “2010 Plan”) to grant stock options, rights to purchase shares, restricted stock units and other stock-based rights to employees, directors, consultants and advisors. On April 17, 2012, in connection with the Reorganization, EVERTEC, Inc. assumed the 2010 Plan and all of the outstanding equity awards issued thereunder or subject thereto. EVERTEC, Inc. reserved 5,843,208 shares of its common stock for issuance upon exercise and grants of stock options, restricted stock and other equity awards under the 2010 Plan. In connection with the Company’s initial public offering, the Company adopted the EVERTEC, Inc. 2013 Equity Incentive Plan (the “2013 Plan” and, together with the 2010 Plan, the “Equity Incentive Plans”). Under the 2013 Plan, 5,956,882 shares of its common stock are reserved for issuance upon exercise and grants of stock options, restricted stocks and other equity awards. In connection with the adoption of the 2013 Plan, the 2010 Plan remains in effect. However, no new awards will be granted under the 2010 Plan. The Equity Incentive Plans have a contractual term of ten years. Long-term Incentive Plan In the first quarter of 2015, the Compensation Committee of the Board of Directors approved grants of restricted stock units (“RSUs”) to executives and certain employees pursuant to the 2015 Long-Term Incentive Program (“LTIP”) under the terms of our 2013 Equity Incentive Plan. Under the LTIP, the Company granted restricted stock units to eligible participants as time-based awards and/or performance-based awards. The vesting of the RSUs is dependent upon service, market, and/or performance conditions as defined in the grants. Employees that received time-based awards with service conditions are entitled to receive a specific number of shares of the Company’s common stock on the vesting date if the employee is providing services to the Company on the vesting date. Time-based awards vest over a period of three years in substantially equal installments commencing on the start of the fiscal year during which the RSUs were granted and ending on January 1st of each year. Employees that received awards with market conditions are entitled to receive a specific number of shares of the Company’s common stock on the vesting date if the Company’s total shareholder return (“TSR”) target relative to a specified group of industry peer companies is achieved. Employees that received awards with performance conditions are entitled to receive a specific number of shares of the Company’s common stock on the vesting date if the Cumulative Compound Annual Growth Rate (“CAGR”) of Diluted EPS target is achieved. Performance and market-based awards vest at the end of the performance period which commenced on the start of the fiscal year during which the RSUs were granted and ends on January 1, 2018. Awards are forfeited if the employee voluntarily ceases to be employed by the Company prior to vesting. The following table summarizes the stock options activity for the years ended December 31, 2015, 2014 and 2013: Shares Weighted-average Outstanding at December 31, 2012 5,177,582 $ 2.06 Granted 150,000 23.36 Exercised (4,042,046 ) 1.99 Outstanding at December 31, 2013 1,285,536 $ 4.77 Granted 100,000 24.01 Forfeitures (31,164 ) 1.30 Exercised (1) (945,040 ) 1.96 Repurchased (93,332 ) 4.83 Outstanding at December 31, 2014 316,000 $ 19.56 Expired (50,000 ) 23.36 Forfeitures (126,000 ) 18.81 Outstanding at December 31, 2015 140,000 $ 18.88 Exercisable at December 31, 2015 33,333 $ 24.01 (1) At December 31, 2014, the total intrinsic value of options exercised during the year amounted to $19.3 million. The following table presents information about fully vested stock options for the years ended December 31, 2015, 2014 and 2013: Years ended December 31, 2015 2014 2013 Shares Weighted Shares Weighted Shares Weighted Vested stock options (1)(2)(3) 33,333 $ 24.01 766,995 $ 3.75 3,757,099 $ 2.07 (1) At December 31, 2015, there is no intrinsic value for vested stock options as the options are out-of-the-money. For December 31, 2014 and 2013, the aggregate intrinsic value amounted to $14.0 million and $84.9 million, respectively. (2) The weighted average contractual term of fully vested options is 8.16 years, 6.06 years and 7.04 years as of December 31, 2015, 2014 and 2013, respectively. (3) The fair value of vested stock options at December 31, 2015, 2014 and 2013 amounted to $1.4 million, $17.0 million and $92.7 million, respectively. Management uses the fair value method of recording stock-based compensation as described in the guidance for stock compensation in ASC topic 718. The fair value of stock options granted during 2014 and 2013, none were granted in 2015, was estimated using the Black-Scholes-Merton (“BSM”) option pricing model, with the following assumptions: Years ended December 31, 2014 2013 Stock options granted Stock options granted Stock Price $ 24.01 per share $ 23.36 per share Risk-free rate 1.80 % 1.68 % Expected volatility 36.98 % 36.56 % Expected annual dividend yield 1.63 % 1.71 % Expected term 6 years 6 years The risk-free rate is based on the U.S. Constant Maturities Treasury Interest Rate as of the grant date. The expected volatility is based on a combination of historical volatility and implied volatility from public trade companies in the Company’s industry. The expected annual dividend yield is based on management’s expectations of future dividends as of the grant date. The expected term for stock options granted under the 2010 Plan was based on the vesting time of the options. For the stock options granted under the 2013 Plan, the simplified method was used to estimate the expected term. The following table summarizes the nonvested restricted shares and RSUs activity for the years ended December 31, 2015, 2014 and 2013: Nonvested restricted shares and RSUs Shares Weighted-average Nonvested at December 31, 2012 115,420 $ 5.90 Granted 9,133 24.64 Vested (115,420 ) 5.90 Nonvested at December 31, 2013 9,133 $ 24.64 Granted 23,252 22.04 Vested (9,133 ) 24.64 Nonvested at December 31, 2014 23,252 $ 22.04 Granted 596,238 22.24 Vested (94,550 ) 21.33 Forfeited (33,214 ) 23.61 Nonvested at December 31, 2015 491,726 $ 22.32 Share-based compensation recognized was as follows: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 Share-based compensation recognized, net Stock options $ 193 $ 4,305 $ 5,820 Restricted shares and RSUs 5,011 282 359 Pursuant to the terms of the 2010 Plan, Tranche A stock options will generally vest in five equal installments, except for some grants as specified in the stock agreement, Tranche B options granted to employees and certain directors would vest at such time as the Investor Internal Rate of Return (“IRR”) equals or exceeds 25%, except for one grant that vests upon a 20% IRR, based on cash proceeds received by Apollo Investment Fund VII, L.P. (the “Investor”), and Tranche C options would vest at such time as the IRR equals or exceeds 30% based on cash proceeds received by the Investor. As a result of the Initial Public Offering, the IRR required by the Tranche B and C options was achieved and accordingly, all Tranche B and C options became vested. As a result, the Company recognized a share-based compensation expense of $4.9 million in April 2013. The unrecognized share-based compensation expense related to the stock options amounting to $0.3 million is expected to be recognized over a weighted average period of 1.3 years. The maximum unrecognized cost for restricted stock units was $7.8 million as of December 31, 2015. The cost is expected to be recognized over a weighted average period of 2.2 years.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plan	Note 16—Employee Benefit Plan EVERTEC, Inc. Puerto Rico Savings and Investment plan (“the EVERTEC Savings Plan”) was established in 2010, as a defined contribution savings plan qualified under section 1165(e) of the Puerto Rico Internal Revenue Code. Investments in the plan are participant directed, and employer matching contributions are determined based on specific provisions of the EVERTEC Savings Plan. Employees are fully vested in the employer’s contributions after five years of service. For the years ended December 31, 2015, 2014 and 2013, the costs incurred under the plan amounted to approximately $0.8 million, $0.6 million and $0.6 million, respectively.

Total Other Income (Expenses)

Total Other Income (Expenses)	12 Months Ended
	Dec. 31, 2015
Other Income and Expenses [Abstract]
Total Other Income (Expenses)	Note 17—Total Other Income (Expenses) For the year ended December 31, 2015, other income (expenses) is primarily comprised of $1.2 million in foreign currency transaction gains, $0.2 million in gains related to adjustments made to software indemnification assets during the year, $0.4 million in sales rebates granted to EVERTEC and a $0.2 million gain related to certain refurbished POS machines. For the year ended December 31, 2014, other income (expenses) is primarily comprised of $2.6 million in foreign currency transaction gains and a $0.4 million in expenses related to adjustments made to software indemnification assets as a result of certain maintenance contract cancellations during the year. For the year ended December 31, 2013, other expenses are primarily comprised of a $58.5 million charge related to the extinguishment of debt (see Note 12) and a $16.7 million expense related to the termination of the Company’s consulting agreements with Apollo and Popular (see Note 20).

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax	Note 18—Income Tax On April 17, 2012, EVERTEC Group and Holdings were converted from a Puerto Rico corporation into Puerto Rico limited liability companies to benefit from changes to the Puerto Rico Income Tax Code allowing limited liability companies to be treated as partnerships that are pass-through entities for Puerto Rico tax purposes. As a result of these conversions and subsequent elections to be treated as partnerships, EVERTEC Group’s and Holding’s taxable income flows through to EVERTEC, Inc. EVERTEC Group, Holdings and EVERTEC, Inc. entered into a Tax Payment Agreement pursuant to which EVERTEC Group is obligated to make certain payments to Holdings or EVERTEC, Inc. for taxable periods or portions thereof occurring on or after April 17, 2012 (the “Effective Date”). Under the Tax Payment Agreement, EVERTEC Group will make payments with respect to any and all taxes (including estimated taxes) imposed under the laws of Puerto Rico, the United States of America and any other jurisdiction or any political (including municipal) subdivision or authority or agency in Puerto Rico, the United States of America or such other jurisdiction, that would have been imposed on EVERTEC Group if EVERTEC Group had been a corporation for tax purposes of that jurisdiction, together with all interest and penalties with respect thereto (“Taxes”), reduced by taking into account any applicable net operating losses or other tax attributes of Holdings or EVERTEC, Inc. that reduce Holdings’ or EVERTEC, Inc.’s taxes in such period. The Tax Payment Agreement provides that the payments thereunder shall not exceed the net amount of Taxes that Holdings and EVERTEC, Inc. actually owe to the appropriate taxing authority for a taxable period. Further, the Tax Payment Agreement provides that if Holdings or EVERTEC, Inc. receives a tax refund attributable to any taxable period or portion thereof occurring on or after the Effective Date, EVERTEC, Inc. shall be required to recalculate the payment for such period required to be made by EVERTEC Group to Holdings or EVERTEC, Inc. If the payment, as recalculated, is less than the amount of the payment EVERTEC Group already made to Holdings or EVERTEC, Inc. in respect of such period, Holdings or EVERTEC, Inc. shall promptly make a payment to EVERTEC Group in the amount of such difference. The components of income tax (benefit) expense consisted of the following: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Current tax (benefit) provision $ (245 ) $ 12,602 $ 4,854 Deferred tax benefit (3,090 ) (3,701 ) (3,419 ) Income tax (benefit) expense $ (3,335 ) $ 8,901 $ 1,435 The Company conducts operations in Puerto Rico and certain countries throughout the Caribbean and Latin America. As a result, the income tax expense (benefit) includes the effect of taxes paid to the Puerto Rico government as well as foreign jurisdictions. The following table presents the segregation of income tax expense (benefit) based on location of operations: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Income (loss) before income tax provision (benefit) Puerto Rico $ 73,327 $ 61,759 $ (34,565 ) United States 1,879 2,131 2,031 Foreign countries 6,836 11,168 6,852 Total income (loss) before income tax provision (benefit) $ 82,042 $ 75,058 $ (25,682 ) Current tax (benefit) provision Puerto Rico $ (3,500 ) $ 8,090 $ 2,057 United States 413 (517 ) 753 Foreign countries 2,842 5,029 2,044 Total currrent tax (benefit) provision $ (245 ) $ 12,602 $ 4,854 Deferred tax benefit Puerto Rico $ (2,169 ) $ (1,933 ) $ (2,812 ) United States (114 ) (124 ) (4 ) Foreign countries (807 ) (1,644 ) (603 ) Total deferred tax benefit $ (3,090 ) $ (3,701 ) $ (3,419 ) Taxes payable to foreign countries by EVERTEC’s subsidiaries will be paid by such subsidiary and the corresponding liability and expense will be presented in EVERTEC’s consolidated financial statements. On June 30, 2013, the Governor of Puerto Rico signed into law Act 40, effective as of January 1, 2013, which increased the maximum corporate income tax rate from 30% to 39%. This rate increase is only applicable to the fully taxable operations of EVERTEC in Puerto Rico. As a result of this tax rate increase, the deferred taxes were revalued resulting in the Company recognizing additional non-cash income tax expense of $1.4 million for the first half of 2013. In addition, Act 40 established a national gross receipts tax based on gross revenues that is included as part of the alternative minimum tax (“AMT”) calculation. On July 1, 2014, the Governor enacted Act 77 introducing a number of substantial amendments, including a deduction for the national gross receipts tax instead of including it as part of the computation of the AMT as previously required by Act 40 . On December 22, 2014 the Governor enacted law Act 239 providing a number of technical amendments to Act 77 including the elimination the national gross receipts tax for years 2015 and forward. As of December 31, 2015, the Company has $27.0 million of unremitted earnings from foreign subsidiaries. The Company has not recognized a deferred tax liability on undistributed earnings for the Company’s foreign subsidiaries, because these earnings are intended to be indefinitely reinvested. The amount of the unrecognized deferred tax liability depends on judgment required to analyze the withholding tax due, the applicable tax law and factual circumstances in effect at the time of any such distributions, therefore, EVERTEC believes it is not practicable at this time to reliably determine the amount of unrecognized deferred tax liability related to the Company’s undistributed earnings. If circumstances change and it becomes apparent that some or all of the undistributed earnings of a subsidiary will be remitted and income taxes have not been recognized by the parent entity, the parent entity shall accrue as an expense of the current period income taxes attributable to that remittance. On October 19, 2012, EVERTEC Group was granted an additional tax exemption under the Tax Incentive Act No. 73 of 2008. Under this grant, EVERTEC Group will benefit from a preferential income tax rate on industrial development income, as well as from tax exemptions with respect to its municipal and property tax obligations for certain activities derived from its data processing operations in Puerto Rico. The grant has a term of 15 years effective as of January 1, 2012 with respect to income tax obligations and January 1, 2013 with respect to municipal and property tax obligations. The grant establishes a base taxable income amount with respect to EVERTEC Group’s industrial development income, which amount will continue to be subject to the ordinary income tax rate under existing law. Applicable taxable income in excess of the established base taxable income amount will be subject to a preferential rate of 4%. The base taxable income amount will be ratably reduced to zero by the fourth taxable year at which point all of EVERTEC Group’s applicable industrial development income will be taxed at the preferential rate of 4% for the remaining period of the grant. The grant contains customary commitments, conditions and representations that EVERTEC Group will be required to comply with in order to maintain the grant. The more significant commitments include: (i) maintaining at least 750 employees in EVERTEC Group’s Puerto Rico data processing operations during 2012 and at least 700 employees for the remaining years of the grant, (ii) investing at least $200.0 million in building, machinery, equipment or computer programs to be used in Puerto Rico during the effective term of the grant (to be made over four year capital investment cycles in $50.0 million increments); and (iii) 80% of EVERTEC Group employees must be residents of Puerto Rico. Failure to meet the requirements could result, among other things, in reductions in the benefits of the grant or revocation of the grant in its entirety, which could result in EVERTEC, Inc. paying additional taxes or other payments relative to what such parties would be required to pay if the full benefits of the grant are available. On October 11, 2011, the Puerto Rico Government approved a grant under Tax Incentive Law No. 73 of 2008, retroactively to December 1, 2009. Under this grant, activities derived from consulting and data processing services provided outside Puerto Rico are subject to a preferred rate that declines gradually from 7% to 4% by December 1, 2013. After this date, the rate remains at 4% until its expiration in November 1, 2024. In addition, EVERTEC Group has a base tax rate of 7% on income derived from certain development and installation service in excess of a determined income for a 10-year period from January 1, 2008. The following table presents the components of the Company’s deferred tax assets and liabilities: December 31, (Dollar amounts in thousands) 2015 2014 (As Restated) Deferred tax assets (“DTA”) Allowance for doubtful accounts $ 420 $ 245 Unearned income 1,315 1,149 Investment in equity subsidiary 292 304 Alternative minimum tax 400 495 Share-based compensation 379 89 Other temporary assets 679 687 Total gross deferred tax assets 3,485 2,969 Deferred tax liabilities (“DTL”) Deferred compensation $ 1,270 $ 1,144 Difference between the assigned values and the tax basis of assets and liabilities recognized in purchase 21,144 23,844 Total gross deferred tax liabilities 22,414 24,988 Deferred tax liability, net $ (18,929 ) $ (22,019 ) Pursuant to the provision of the PR Code, net operating losses (“NOL”) can be carried forward for a period of seven, ten or twelve taxable years, depending on the taxable year generated. Act 72 of May 29, 2015, limited the amount of NOLs deduction to 80% for regular tax and 70% for AMT for the taxable year ended December 31, 2015. At December 31, 2015, the Company has $10.9 million NOL carryforwards for tax purposes available to offset future taxable income. As a result of certain realization requirements of ASC 718, the table of deferred tax assets and liabilities does not include certain windfall tax benefit as of December 31, 2015, and December 31, 2014, that arose directly from tax deductions related to equity compensation greater than compensation recognized for financial reporting. Equity will be increased by $4.2 million if and when such windfall tax benefit is ultimately realized. We use tax law ordering when determining when windfall tax benefits have been realized. The Company recognizes the benefit of uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The following is a tabular reconciliation of the total amounts of UTBs: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Balance, beginning of year $ 19,859 $ 20,616 $ 20,112 Gross increases—tax positions in prior period 53 — 2,323 Gross decreases—tax positions in prior period — (757 ) (1,889 ) Gross increases—tax positions in current period — — 916 Lapse of statute of limitations (7,065 ) — (846 ) Balance, end of year $ 12,847 $ 19,859 $ 20,616 As of December 31, 2015, 2014 and 2013, approximately $12.4 million for all years would affect the Company’s effective income tax rate, if recognized. The Company recognizes interest and penalties related to UTB as part of income tax expense. During the years ended December 31, 2015, 2014 and 2013, the Company recognized an income tax benefit of $2.0 million, an income tax expense of $1.2 million and an income tax expense of $0.9 million, respectively, related to interest and penalties. The amount accrued for interest and penalties at December 31, 2015 and 2014 was $1.3 million, and $3.3 million, respectively. The Company anticipates changes to the UTBs within the next 12 months to be primarily related to interest. The Company believes it has sufficient accruals for contingent tax liabilities. In connection with tax return examinations, contingencies can arise that generally result from different interpretations of tax laws and regulations as they pertain to the amount, timing or inclusion of revenues and expenses in taxable income, or the ability to utilize tax credits to reduce income taxes payable. While it is probable, based on the potential outcome of the Company’s Puerto Rico and foreign tax examinations or the expiration of the statute of limitations for specific jurisdictions, that the liability for UTBs may increase or decrease within the next twelve months, the Company does not expect any such change would have a material effect on our financial condition, results of operations or cash flow. The Company and its subsidiaries are subject to Puerto Rico income tax as well as income tax of multiple foreign jurisdictions. A significant majority of the income tax is from Puerto Rico with a statute of limitations of four years after filing the income tax returns; therefore, the income tax returns for 2011, 2012, 2013, and 2014 are currently open for examination. The income tax expense differs from the amount computed by applying the Puerto Rico statutory income tax rate to the income (loss) before income taxes as a result of the following: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Computed income tax at statutory rates $ 31,996 $ 29,435 $ (10,109 ) Benefit of net tax-exempt interest income (284 ) — (180 ) Differences in tax rates due to multiple jurisdictions 37 (942 ) 577 Tax (benefit) expense due to a change in estimate (201 ) (916 ) 83 Adjustment to deferred taxes due to changes in enacted tax rate and tax grant — (731 ) 3,568 Effect of net disallowed operating losses in foreign entities 103 83 93 Effect of income subject to tax-exemption grant (23,375 ) (19,858 ) 6,242 Unrecognized tax benefit (11,626 ) 1,830 1,168 Other 15 — (7 ) Income tax (benefit) expense $ (3,335 ) $ 8,901 $ 1,435

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share	Note 19—Net Income (Loss) Per Common Share The reconciliation of the numerator and the denominator of the earnings per common share is as follows: Years ended December 31, ( Dollar amounts in thousands, except share and per share data) 2015 2014 2013 (As restated) Net income (loss) $ 85,377 $ 66,157 $ (27,117 ) Less: non-forfeitable dividends on restricted stock 9 — — Net income (loss) available to common shareholders $ 85,368 $ 66,157 $ (27,117 ) Weighted average common shares outstanding 77,066,459 78,337,152 78,914,310 Weighted average potential dilutive common shares (1)(2) 114,664 553,987 — Weighted average common shares outstanding—assuming dilution 77,181,123 78,891,139 78,914,310 Net income (loss) per common share—basic $ 1.11 $ 0.84 $ (0.34 ) Net income (loss) per common share—diluted $ 1.11 $ 0.84 $ (0.34 ) (1) Potential common shares consist of common stock issuable under the assumed exercise of stock options, restricted stock and RSUs awards using the treasury stock method. (2) For the year ended December 31, 2013, 2,325,209 potential common shares consisting of common stock under the assumed exercise of stock options and restricted stock awards using the treasury stock method were not included in the computation of the diluted net income (loss) per share since their inclusion would have an antidilutive effect. Refer to Note 14 for a detail of dividends declared and paid during 2015 and 2014.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 20—Related Party Transactions The following table presents the Company’s transactions with related parties for each of the periods presented below: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Total revenues (1)(2) $ 169,433 $ 164,336 $ 167,440 Cost of revenues $ 1,701 $ 1,946 $ 8,429 Rent and other fees (3)(4) $ 7,880 $ 7,928 $ 27,762 Interest earned from and charged by affiliate Interest income $ 206 $ 197 $ 130 Interest expense (5) $ — $ — $ 2,471 (1) Total revenues from Popular as a percentage of revenues were 45%, 45% and 46% for each of the periods presented above. (2) Includes revenues generated from investee accounted for under the equity method of $2.1 million, $2.5 million and $3.0 million for the years ended December 31, 2015, 2014 and 2013, respectively. (3) Includes management fees to equity sponsors amounting to $3.5 million for the year ended December 31, 2013. Management fees paid during 2013 also includes $16.7 million resulting from the termination of the consulting agreements as explained below. Rent and other fees also include $5.9 million paid in connection with the redemption premium on the senior notes during the first half of 2013. (4) Includes $7.9 million, $7.9 million and $11.1 million recorded as selling, general and administrative expenses for each of the periods presented above, and $16.7 million recorded as non-operating expenses for the year ended December 31, 2013 in the audited consolidated statement of income (loss) and comprehensive income (loss). (5) Interest expense relates to interest accrued on the senior secured term loan and senior notes held by Popular. As a result of the debt refinancing and the redemption of the senior notes in April 2013, Popular’s participation in such debt was extinguished. See Note 12 for additional information related to the extinguishment of this debt. On April 17, 2013, EVERTEC entered into a termination agreement with Holdings, EVERTEC Group and Popular and a termination agreement with Holdings, EVERTEC Group and Apollo Management VII, L.P. in connection with the initial public offering (the “Termination Agreements”). The Termination Agreements terminated the consulting agreements (the “Consulting Agreements”), each dated September 30, 2010, entered into by Holdings and EVERTEC Group with each of Popular and Apollo Management, pursuant to which Holdings and EVERTEC Group received certain advisory services from each of Popular and Apollo Management. The Consulting Agreements were terminated in their entirety upon payment of termination fees of approximately $8.5 million to Apollo Management and $8.2 million to Popular, in each case, plus any unreimbursed expenses payable in accordance with the terms of the Termination Agreements. At December 31, 2015 and 2014, the Company had the following balances arising from transactions with related parties: December 31, (Dollar amounts in thousands) 2015 2014 (As restated) Cash and restricted cash deposits in affiliated bank $ 23,872 $ 13,566 Indemnification assets from Popular reimbursement (1) Accounts receivable $ — $ 1,428 Other due/to from affiliate Accounts receivable $ 20,196 $ 17,006 Prepaid expenses and other assets $ 867 $ 398 Accounts payable (2) $ 2,687 $ 5,260 Unearned income $ 11,970 $ 9,385 Other long-term liabilites (2) $ 14 $ 45 (1) Recorded in connection with reimbursement from Popular regarding certain software license fees. (2) Includes an account payable of $32,000 and $0.2 million and a long-term liability of $14,000 and $45,000 for December 31, 2015 and 2014, respectively, related to the unvested portion of stock options as a result of the equitable adjustment approved by the Company’s Board of Directors on December 18, 2012 that will be payable to executive officers and employees upon vesting of stock options. The balance of cash and restricted cash deposits in an affiliated bank was included within the cash and restricted cash line items in the accompanying consolidated balance sheets. Due from affiliates mainly included the amounts outstanding related to processing and information technology services billed to Popular subsidiaries according to the terms of the Master Services Agreement (“MSA”) under which EVERTEC Group has a contract to provide such services for at least 15 years on an exclusive basis for the duration of the agreement on commercial terms consistent with historical pricing practices among the parties. This amount was included in the accounts receivable, net in the consolidated balance sheets. The Company was entitled to receive reimbursements from Popular regarding certain software license fees if such amounts exceeded certain amounts for a period of five years from the closing date of the Merger. As a result of this agreement, the Company recorded approximately $11.2 million as a software reimbursement asset at fair value as of the Merger date. At December 31, 2015, the indemnification asset has been fully repaid. At December 31, 2014, the current portion of said asset of $1.4 million was included within the accounts receivable, net caption in the accompanying consolidated balance sheets. Gains and losses related to the asset were included within the other expenses caption in the accompanying consolidated statements of income (loss) and comprehensive income (loss). See Note 13 and 17. From time to time, EVERTEC Group obtains performance bonds from insurance companies covering the obligations of EVERTEC Group under certain contracts. Under the Merger Agreement, Popular is required to, subject to certain exceptions, cause the then outstanding performance bonds to remain outstanding or replace such bonds as needed for five years from the closing date of the Merger. EVERTEC Group entered into a reimbursement agreement with Popular to mirror Popular’s obligations. As a result, EVERTEC Group is required to reimburse Popular for payment of premiums and related charges and indemnification of Popular for certain losses, in case EVERTEC Group fails to perform or otherwise satisfy its obligations covered by such performance bonds. As of December 31, 2015, EVERTEC Group has a credit facility with Popular for $4.2 million, on behalf of EVERTEC CR, under which a letter of credit of a similar amount was issued.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 21—Commitments and Contingencies The Company leases certain facilities and equipment under operating leases. Most leases contain renewal options for varying periods. Future minimum rental payments on such operating leases at December 31, 2015 are as follows: (Dollar amounts in thousands) Unrelated Related Minimum future 2016 $ 444 $ 4,226 $ 4,670 2017 259 4,352 4,611 2018 8 4,483 4,491 2019 — 4,618 4,618 2020 and thereafter — 1,163 1,163 $ 711 $ 18,842 $ 19,553 Certain lease agreements contain provisions for future rent increases. The total amount of rental payments due over the lease term is being charged to rent expense on the straight-line method over the term of the lease. The difference between rent expense recorded and the amount paid is recorded as a deferred rent obligation. Rent expense of office facilities and real estate for the years ended December 31, 2015, 2014 and 2013 amounted to $8.1 million, $8.2 million and $7.7 million, respectively. Also, rent expense for telecommunications and other equipment for the years ended December 31, 2015, 2014 and 2013 amounted to $5.4 million, $6.1 million and $7.0 million, respectively. In the ordinary course of business, the Company may enter in commercial commitments. As of December 31, 2015, EVERTEC has an outstanding letter of credit of $0.9 million with a maturity of less than three months. EVERTEC is a defendant in a number of legal proceedings arising in the ordinary course of business. Based on the opinion of legal counsel, management believes that the final disposition of these matters will not have a material adverse effect on the business, results of operations or financial condition of the Company. The Company has identified certain claims in which a loss may be incurred, but in the aggregate the loss would be minimal. For other claims, where the proceedings are in an initial phase, the Company is unable to estimate the range of possible loss for such legal proceedings. However, the Company at this time believes that any loss related to these latter claims will not be material.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Information	Note 22—Segment Information The Company operates in three business segments: Merchant Acquiring, Payment Processing and Business Solutions. The Merchant Acquiring segment consists of revenues from services that allow merchants to accept electronic methods of payment. In the Merchant Acquiring segment, revenues include a discount fee and membership fees charged to merchants, debit network fees and rental fees from POS devices and other equipment, net of credit card interchange and assessment fees charged by credit cards associations (such as VISA or MasterCard) or payment networks. The discount fee is generally a percentage of the transaction value. EVERTEC also charge merchants for other services that are unrelated to the number of transactions or the transaction value. The Payment Processing segment revenues are comprised of revenues related to providing access to the ATH network and other card networks to financial institutions, including related services such as authorization, processing, management and recording of ATM and POS transactions, and ATM management and monitoring. Payment Processing revenues also include revenues from card processing services (such as credit and debit card processing, authorization and settlement and fraud monitoring and control to debit or credit issuers), payment processing services (such as payment and billing products for merchants, businesses and financial institutions) and electronic benefit transfer (“EBT”) (which principally consist of services to the government of Puerto Rico for the delivery of benefits to participants). For ATH network and processing services, revenues are primarily driven by the number of transactions processed. Revenues are derived primarily from network fees, transaction switching and processing fees, and the leasing POS devices. For card issuer processing, revenues are primarily dependent upon the number of cardholder accounts on file, transactions and authorizations processed, the number of cards embossed and other processing services. For EBT services, revenues are primarily derived from the number of beneficiaries on file. The Business Solutions segment consists of revenues from a full suite of business process management solutions in various product areas such as core bank processing, network hosting and management, IT professional services, business process outsourcing, item processing, cash processing, and fulfillment. Core bank processing and network services revenues are derived in part from a recurrent fee and from fees based on the number of accounts on file (i.e. savings or checking accounts, loans, etc.) or computer resources utilized. Revenues from other processing services within the Business Solutions segment are generally volume-based and depend on factors such as the number of accounts processed. In addition, EVERTEC are a reseller of hardware and software products and these resale transactions are generally one-time transactions. The Company’s business segments are organized based on the nature of products and services. The Chief Operating Decision Maker (“CODM”) reviews their separate financial information to assess performance and to allocate resources. Management evaluates the operating results of each of its reportable segments based upon revenues and operating income. Segment asset disclosure is not used by the CODM as a measure of segment performance since the segment evaluation is driven by earnings. As such, segment assets are not disclosed in the notes to the accompanying consolidated financial statements. The following tables set forth information about the Company’s operations by its three business segments for the periods indicated: (Dollar amounts in thousands) Merchant Payment Processing Business Other Total Year ended December 31, 2015 Revenues $ 85,411 $ 136,566 $ 179,797 $ (28,246 ) (1) $ 373,528 Income from operations 36,466 55,429 50,200 (38,735 ) (2) 103,360 Year ended December 31, 2014 Revenues—As restated 79,136 131,381 177,939 (26,668 ) (1) 361,788 Income from operations—As restated 34,362 58,796 48,299 (44,470 ) (2) 96,987 Year ended December 31, 2013 Revenues—As restated 73,616 125,610 184,682 (25,506 ) (1) 358,402 Income from operations—As restated 35,398 54,635 42,687 (46,474 ) (2) 86,246 (1) Represents the elimination of intersegment revenues for services provided by the Payment Processing segment to the Merchant Acquiring segment, and other miscellaneous intersegment revenues. (2) Primarily represents non-operating depreciation and amortization expenses generated as a result of the Merger and certain non-recurring fees and expenses. The reconciliation of income from operations to consolidated net income (loss) is as follows: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Segment income from operations Merchant Acquiring $ 36,466 $ 34,362 $ 35,398 Payment Processing 55,429 58,796 54,635 Business Solutions 50,200 48,299 42,687 Total segment income from operations 142,095 141,457 132,720 Merger related depreciation and amortization and other unallocated expenses (1) (38,735 ) (44,470 ) (46,474 ) Income from operations 103,360 96,987 86,246 Interest expense, net (23,771 ) (25,444 ) (37,181 ) Earnings of equity method investment 147 1,140 935 Other income (expenses) 2,306 2,375 (75,682 ) Income tax benefit (expense) 3,335 (8,901 ) (1,435 ) Net income (loss) $ 85,377 $ 66,157 $ (27,117 ) (1) Primarily represents non-operating depreciation and amortization expenses generated as a result of the Merger and certain non-recurring fees and expenses. The geographic segment information below is classified based on the geographic location of the Company’s subsidiaries: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Revenues (1) Puerto Rico $ 322,319 $ 313,228 $ 309,735 Caribbean 12,154 13,752 16,225 Latin America 39,055 34,808 32,442 Total revenues $ 373,528 $ 361,788 $ 358,402 (1) Revenues are based on subsidiaries’ country of domicile. Major customers For the years ended December 31, 2015, 2014 and 2013, the Company had one major customer which accounted for approximately $167.3 million or 45%, $161.8 million, as restated, or 45% and $164.4 million, as restated, or 46%, respectively, of total revenues. See Note 20. The Company’s next largest customer, the Government of Puerto Rico, consolidating all individual agencies and public corporations, represented 9%, 10% and 11% of the Company’s total revenues for the years ended December 31, 2015, 2014 and 2013, respectively.

Quarterly Financial Information

Quarterly Financial Information	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	Note 23—Quarterly Financial Information (Unaudited) As described in Note 1—“Restatement,” in lieu of filing quarterly reports on Form 10-Q for 2015, quarterly financial data for 2015 and 2014 (as restated) is included in this Annual Report in the tables that follow. For detailed information regarding the referenced adjustments, please refer to Note 1. March 31, 2015 As Restatement Other As Reference Assets Current Assets: Cash $ 32,430 $ — $ — $ 32,430 Restricted cash 6,924 — — 6,924 Accounts receivable, net 78,745 — (2,764 ) 75,981 14 Deferred tax asset 2,899 (1,298 ) (101 ) 1,500 a, 6 Prepaid expenses and other assets 21,659 (326 ) (853 ) 20,480 a, 4 Total current assets 142,657 (1,624 ) (3,718 ) 137,315 Investment in equity investee 11,903 — — 11,903 Property and equipment, net 28,080 — — 28,080 Goodwill 369,171 — — 369,171 Other intangible assets, net 323,941 — — 323,941 Other long-term assets 10,227 — — 10,227 Total assets $ 885,979 $ (1,624 ) $ (3,718 ) $ 880,637 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 27,650 $ — $ — $ 27,650 Accounts payable 19,396 — (2,764 ) 16,632 14 Unearned income 11,118 — (7,535 ) 3,583 1, 12 Income tax payable 712 — — 712 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 20,000 — — 20,000 Deferred tax liability 405 508 (913 ) — a, 6 Total current liabilities 98,281 508 (11,212 ) 87,577 Long-term debt 643,053 — — 643,053 Long-term deferred tax liability 19,708 2,983 — 22,691 a Unearned income—long-term — — 9,154 9,154 12 Other long-term liabilities 2,552 18,476 — 21,028 a Total liabilities 763,594 21,967 (2,058 ) 783,503 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 774 — — 774 Additional paid-in capital 50,403 — — 50,403 Accumulated earnings 76,841 (23,591 ) (1,660 ) 51,590 Accumulated other comprehensive loss, net of tax (5,633 ) — — (5,633 ) Total stockholders’ equity 122,385 (23,591 ) (1,660 ) 97,134 Total liabilities and stockholders’ equity $ 885,979 $ (1,624 ) $ (3,718 ) $ 880,637 June 30, 2015 As Restatement Other As Reference Assets Current Assets: Cash $ 38,837 $ — $ — $ 38,837 Restricted cash 6,262 — — 6,262 Accounts receivable, net 71,091 — (2,794 ) 68,297 14 Deferred tax asset 2,323 (481 ) (101 ) 1,741 a, 6 Prepaid expenses and other assets 21,678 (478 ) (774 ) 20,426 a, 4 Total current assets 140,191 (959 ) (3,669 ) 135,563 Investment in equity investee 12,251 — — 12,251 Property and equipment, net 31,627 — — 31,627 Goodwill 368,911 — — 368,911 Other intangible assets, net 317,431 — — 317,431 Other long-term assets 9,880 — — 9,880 Total assets $ 880,291 $ (959 ) $ (3,669 ) $ 875,663 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 29,275 $ — $ — $ 29,275 Accounts payable 19,133 — (2,376 ) 16,757 14, 15 Unearned income 11,734 — (8,507 ) 3,227 1, 12 Income tax payable 81 — — 81 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 4,000 — — 4,000 Deferred tax liability 111 802 (913 ) — a, 6 Total current liabilities 83,334 802 (11,796 ) 72,340 Long-term debt 638,530 — — 638,530 Long-term deferred tax liability 19,255 2,765 — 22,020 a Unearned income—long-term — — 9,960 9,960 1, 12 Other long-term liabilities 2,856 19,591 — 22,447 a Total liabilities 743,975 23,158 (1,836 ) 765,297 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 775 — — 775 Additional paid-in capital 51,914 — — 51,914 Accumulated earnings 89,347 (24,117 ) (1,833 ) 63,397 Accumulated other comprehensive loss, net of tax (5,720 ) — — (5,720 ) Total stockholders’ equity 136,316 (24,117 ) (1,833 ) 110,366 Total liabilities and stockholders’ equity $ 880,291 $ (959 ) $ (3,669 ) $ 875,663 September 30, 2015 As Restatement Other As Reference Assets Current Assets: Cash $ 40,401 $ — $ — $ 40,401 Restricted cash 13,547 — — 13,547 Accounts receivable, net 68,429 — (2,416 ) 66,013 14 Deferred tax asset 6,921 (5,219 ) (101 ) 1,601 a, 6 Prepaid expenses and other assets 20,736 (1,020 ) (758 ) 18,958 a, 4 Total current assets 150,034 (6,239 ) (3,275 ) 140,520 Investment in equity investee 12,281 — — 12,281 Property and equipment, net 33,281 — — 33,281 Goodwill 368,543 — — 368,543 Other intangible assets, net 309,680 — — 309,680 Other long-term assets 9,078 — — 9,078 Total assets $ 882,897 $ (6,239 ) $ (3,275 ) $ 873,383 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 32,917 $ — $ (282 ) $ 32,635 16 Accounts payable 22,417 — (2,416 ) 20,001 14, 15 Unearned income 11,683 — (8,799 ) 2,884 1, 12 Income tax payable 62 — — 62 Current portion of long-term debt 20,875 — — 20,875 Short-term borrowings 18,000 — — 18,000 Total current liabilities 105,954 — (11,497 ) 94,457 Long-term debt 632,137 — — 632,137 Long-term deferred tax liability 23,858 (1,514 ) (913 ) 21,431 a, 6 Unearned income—long-term — — 10,088 10,088 1, 12 Other long-term liabilities 2,695 8,360 — 11,055 a Total liabilities 764,644 6,846 (2,322 ) 769,168 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 762 — — 762 Additional paid-in capital 28,502 — — 28,502 Accumulated earnings 95,038 (13,085 ) (953 ) 81,000 Accumulated other comprehensive loss, net of tax (6,049 ) — — (6,049 ) Total stockholders’ equity 118,253 (13,085 ) (953 ) 104,215 Total liabilities and stockholders’ equity $ 882,897 $ (6,239 ) $ (3,275 ) $ 873,383 Three month period ended March 31, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 20,091 $ — $ — $ 20,091 Payment Processing 26,377 — — 26,377 Business Solutions 44,864 — 165 45,029 1 Total revenues 91,332 — 165 91,497 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 39,795 — 155 39,950 3, 4 Selling, general and administrative expenses 7,703 — — 7,703 Depreciation and amortization 16,828 — — 16,828 Total operating costs and expenses 64,326 — 155 64,481 Income from operations 27,006 — 10 27,016 Non-operating income (expenses) Interest income 104 — — 104 Interest expense (6,201 ) — — (6,201 ) Earnings of equity method investment 115 — — 115 Other income 285 — — 285 Total non-operating expenses (5,697 ) — — (5,697 ) Income before income taxes 21,309 — 10 21,319 Income tax expense 2,246 529 — 2,775 a Net income 19,063 (529 ) 10 18,544 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 889 — — 889 Total comprehensive income $ 19,952 $ (529 ) $ 10 $ 19,433 Net income per common share—basic $ 0.25 $ (0.01 ) $ — $ 0.24 Net income per common share—diluted $ 0.24 $ — $ — $ 0.24 Three month period ended June 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 21,165 $ — $ — $ 21,165 Payment Processing 26,759 — — 26,759 Business Solutions 45,317 — 164 45,481 1 Total revenues 93,241 — 164 93,405 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 40,665 — 339 41,004 4, 15 Selling, general and administrative expenses 8,948 — — 8,948 Depreciation and amortization 16,006 — — 16,006 Total operating costs and expenses 65,619 — 339 65,958 Income from operations 27,622 — (175 ) 27,447 Non-operating income (expenses) Interest income 127 — — 127 Interest expense (6,210 ) — — (6,210 ) Earnings of equity method investment 84 — — 84 Other income 764 — — 764 Total non-operating expenses (5,235 ) — — (5,235 ) Income before income taxes 22,387 — (175 ) 22,212 Income tax expense 2,120 525 — 2,645 a Net income 20,267 (525 ) (175 ) 19,567 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (87 ) — — (87 ) Total comprehensive income $ 20,180 $ (525 ) $ (175 ) $ 19,480 Net income per common share—basic $ 0.26 $ (0.01 ) $ — $ 0.25 Net income per common share—diluted $ 0.26 $ (0.01 ) $ — $ 0.25 Six month period ended June 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 41,256 $ — $ — $ 41,256 Payment Processing 53,136 — — 53,136 Business Solutions 90,181 — 329 90,510 1 Total revenues 184,573 — 329 184,902 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 80,460 — 494 80,954 3, 4, 15 Selling, general and administrative expenses 16,651 — — 16,651 Depreciation and amortization 32,834 — — 32,834 Total operating costs and expenses 129,945 — 494 130,439 Income from operations 54,628 — (165 ) 54,463 Non-operating income (expenses) Interest income 231 — — 231 Interest expense (12,411 ) — — (12,411 ) Earnings of equity method investment 199 — — 199 Other income 1,049 — — 1,049 Total non-operating expenses (10,932 ) — — (10,932 ) Income before income taxes 43,696 — (165 ) 43,531 Income tax expense 4,366 1,054 — 5,420 a Net income 39,330 (1,054 ) (165 ) 38,111 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 802 — — 802 Total comprehensive income $ 40,132 $ (1,054 ) $ (165 ) $ 38,913 Net income per common share—basic $ 0.51 $ (0.02 ) $ — $ 0.49 Net income per common share—diluted $ 0.51 $ (0.02 ) $ — $ 0.49 Three month period ended September 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 20,784 $ — $ — $ 20,784 Payment Processing 27,502 — — 27,502 Business Solutions 44,492 — 163 44,655 1 Total revenues 92,778 — 163 92,941 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 44,821 — (680 ) 44,141 4,15,16 Selling, general and administrative expenses 10,428 — (36 ) 10,392 16 Depreciation and amortization 16,934 — — 16,934 Total operating costs and expenses 72,183 — (716 ) 71,467 Income from operations 20,595 — 879 21,474 Non-operating income (expenses) Interest income 140 — — 140 Interest expense (6,003 ) — — (6,003 ) Earnings of equity method investment (3 ) — — (3 ) Other income 381 — — 381 Total non-operating expenses (5,485 ) — — (5,485 ) Income before income taxes 15,110 — 879 15,989 Income tax expense 1,687 (11,034 ) — (9,347 ) a Net income 13,423 11,034 879 25,336 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 84 — — 84 Total comprehensive income $ 13,507 $ 11,034 $ 879 $ 25,420 Net income per common share—basic $ 0.17 $ 0.15 $ 0.01 $ 0.33 Net income per common share—diluted $ 0.17 $ 0.15 $ 0.01 $ 0.33 Nine month period ended September 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 62,041 $ — $ — $ 62,041 Payment Processing 80,638 — — 80,638 Business Solutions 134,672 — 493 135,165 1 Total revenues 277,351 — 493 277,844 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 125,280 — (185 ) 125,095 3, 4, 15, 16 Selling, general and administrative expenses 27,079 — (36 ) 27,043 16 Depreciation and amortization 49,767 — — 49,767 Total operating costs and expenses 202,126 — (221 ) 201,905 Income from operations 75,225 — 714 75,939 Non-operating income (expenses) Interest income 371 — — 371 Interest expense (18,414 ) — — (18,414 ) Earnings of equity method investment 196 — — 196 Other income 1,430 — — 1,430 Total non-operating expenses (16,417 ) — — (16,417 ) Income before income taxes 58,808 — 714 59,522 Income tax expense 6,053 (9,979 ) — (3,926 ) a Net income 52,755 9,979 714 63,448 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 473 — — 473 Total comprehensive income $ 53,228 $ 9,979 $ 714 $ 63,921 Net income per common share—basic $ 0.68 $ 0.13 $ 0.01 $ 0.82 Net income per common share—diluted $ 0.68 $ 0.13 $ 0.01 $ 0.82 March 31, 2014 As Restatement Other As Reference Assets Current Assets: Cash $ 27,242 $ — $ — $ 27,242 Restricted cash 5,247 — (500 ) 4,747 8 Accounts receivable, net 68,403 — (2,030 ) 66,373 5, 14 Deferred tax asset 3,823 (78 ) — 3,745 a Prepaid expenses and other assets 18,919 831 (182 ) 19,568 a, 4 Total current assets 123,634 753 (2,712 ) 121,675 Investment in equity investee 10,895 — — 10,895 Property and equipment, net 30,494 — — 30,494 Goodwill 369,101 — — 369,101 Other intangible assets, net 355,801 — — 355,801 Other long-term assets 15,958 — 500 16,458 8 Total assets $ 905,883 $ 753 $ (2,212 ) $ 904,424 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 28,057 $ — $ — $ 28,057 Accounts payable 12,107 — (2,490 ) 9,617 14 Unearned income 7,213 — (4,309 ) 2,904 1,12 Income tax payable 1,762 — — 1,762 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 40,600 — — 40,600 Deferred tax liability 356 (356 ) — — a Total current liabilities 109,095 (356 ) (6,799 ) 101,940 Long-term debt 661,153 — — 661,153 Long-term deferred tax liability 20,767 6,780 — 27,547 a Unearned income—long-term — — 6,586 6,586 1, 12 Other long-term liabilities 301 15,495 — 15,796 a Total liabilities 791,316 21,919 (213 ) 813,022 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 784 — — 784 Additional paid-in capital 81,332 — 1,421 82,753 15 Accumulated earnings 39,770 (21,166 ) (3,420 ) 15,184 Accumulated other comprehensive loss, net of tax (7,319 ) — — (7,319 ) Total stockholders’ equity 114,567 (21,166 ) (1,999 ) 91,402 Total liabilities and stockholders’ equity $ 905,883 $ 753 $ (2,212 ) $ 904,424 June 30, 2014 As Restatement Other As Reference Assets Current Assets: Cash $ 27,831 $ — $ — $ 27,831 Restricted cash 5,195 — (500 ) 4,695 8 Accounts receivable, net 71,479 — (2,441 ) 69,038 5, 14 Deferred tax asset 2,812 125 — 2,937 a Prepaid expenses and other assets 21,846 84 (214 ) 21,716 a, 4 Total current assets 129,163 209 (3,155 ) 126,217 Investment in equity investee 11,287 — — 11,287 Property and equipment, net 29,371 — — 29,371 Goodwill 369,203 — — 369,203 Other intangible assets, net 347,114 — — 347,114 Other long-term assets 13,745 — 500 14,245 8 Total assets $ 899,883 $ 209 $ (2,655 ) $ 897,437 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 29,159 $ — $ — $ 29,159 Accounts payable 14,256 — (2,903 ) 11,353 14 Unearned income 8,498 — (5,508 ) 2,990 1, 12 Income tax payable 1,801 — — 1,801 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 23,000 — — 23,000 Deferred tax liability 461 (461 ) — — a Total current liabilities 96,175 (461 ) (8,411 ) 87,303 Long-term debt 656,626 — — 656,626 Long-term deferred tax liability 20,702 6,062 — 26,764 a Unearned income—long-term — — 7,620 7,620 1, 12 Other long-term liabilities 251 16,208 — 16,459 a Total liabilities 773,754 21,809 (791 ) 794,772 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 786 — — 786 Additional paid-in capital 82,167 — 1,422 83,589 15 Accumulated earnings 49,701 (21,600 ) (3,286 ) 24,815 Accumulated other comprehensive loss, net of tax (6,525 ) — — (6,525 ) Total stockholders’ equity 126,129 (21,600 ) (1,864 ) 102,665 Total liabilities and stockholders’ equity $ 899,883 $ 209 $ (2,655 ) $ 897,437 September 30, 2014 As Restatement Other As Reference Assets Current Assets: Cash $ 29,226 $ — $ — $ 29,226 Restricted cash 6,126 — (500 ) 5,626 8 Accounts receivable, net 68,969 — (2,419 ) 66,550 14 Deferred tax asset 3,378 (856 ) — 2,522 a Prepaid expenses and other assets 21,880 1,260 (379 ) 22,761 a, 4 Total current assets 129,579 404 (3,298 ) 126,685 Investment in equity investee 11,492 — — 11,492 Property and equipment, net 29,482 — — 29,482 Goodwill 369,304 — — 369,304 Other intangible assets, net 338,248 — 303 338,551 3 Other long-term assets 12,335 — 500 12,835 8 Total assets $ 890,440 $ 404 $ (2,495 ) $ 888,349 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 26,023 $ — $ — $ 26,023 Accounts payable 14,748 — (2,420 ) 12,328 14 Unearned income 8,866 — (6,212 ) 2,654 1, 12 Income tax payable 1,945 — — 1,945 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 8,000 — — 8,000 Deferred tax liability 350 (350 ) — — a Total current liabilities 78,932 (350 ) (8,632 ) 69,950 Long-term debt 652,102 — — 652,102 Long-term deferred tax liability 20,308 5,151 — 25,459 a Unearned income—long-term — — 8,160 8,160 1, 12 Other long-term liabilities 238 17,279 — 17,517 a Total liabilities 751,580 22,080 (472 ) 773,188 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 787 — — 787 Additional paid-in capital 83,296 — 1,421 84,717 15 Accumulated earnings 60,924 (21,676 ) (3,444 ) 35,804 Accumulated other comprehensive loss, net of tax (6,147 ) — — (6,147 ) Total stockholders’ equity 138,860 (21,676 ) (2,023 ) 115,161 Total liabilities and stockholders’ equity $ 890,440 $ 404 $ (2,495 ) $ 888,349 Three month period ended March 31, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 19,291 $ — $ — $ 19,291 Payment Processing 25,225 — — 25,225 Business Solutions 42,917 — 165 43,082 1 Total revenues 87,433 — 165 87,598 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 37,868 — 42 37,910 4, 5 Selling, general and administrative expenses 8,062 — 1,421 9,483 15 Depreciation and amortization 16,614 — — 16,614 Total operating costs and expenses 62,544 — 1,463 64,007 Income from operations 24,889 — (1,298 ) 23,591 Non-operating income (expenses) Interest income 75 — — 75 Interest expense (6,909 ) — 309 (6,600 ) 2 Earnings of equity method investment 321 — — 321 Other income 1,991 — — 1,991 Total non-operating expenses (4,522 ) — 309 (4,213 ) Income before income taxes 20,367 — (989 ) 19,378 Income tax expense 2,161 239 — 2,400 a Net income 18,206 (239 ) (989 ) 16,978 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (7,745 ) — — (7,745 ) Total comprehensive income $ 10,461 $ (239 ) $ (989 ) $ 9,233 Net income per common share—basic $ 0.23 $ — $ (0.01 ) $ 0.22 Net income per common share—diluted $ 0.23 $ — $ (0.02 ) $ 0.21 Three month period ended June 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 19,827 $ — $ — $ 19,827 Payment Processing 26,618 — — 26,618 Business Solutions 44,888 — 164 45,052 1 Total revenues 91,333 — 164 91,497 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 39,051 — 31 39,082 4, 5 Selling, general and administrative expenses 10,463 — — 10,463 Depreciation and amortization 16,390 — — 16,390 Total operating costs and expenses 65,904 — 31 65,935 Income from operations 25,429 — 133 25,562 Non-operating income (expenses) Interest income 79 — — 79 Interest expense (6,501 ) — — (6,501 ) Earnings of equity method investment 343 — — 343 Other income 385 — 385 Total non-operating expenses (5,694 ) — — (5,694 ) Income before income taxes 19,735 — 133 19,868 Income tax expense 1,962 433 — 2,395 a Net income 17,773 (433 ) 133 17,473 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 794 — — 794 Total comprehensive income $ 18,567 $ (433 ) $ 133 $ 18,267 Net income per common share—basic $ 0.23 $ (0.01 ) $ — $ 0.22 Net income per common share—diluted $ 0.22 $ — $ — $ 0.22 Six month period ended June 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 39,118 $ — $ — $ 39,118 Payment Processing 51,843 — — 51,843 Business Solutions 87,805 — 329 88,134 1 Total revenues 178,766 — 329 179,095 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 76,919 — 73 76,992 4, 5 Selling, general and administrative expenses 18,525 — 1,422 19,947 15 Depreciation and amortization 33,004 — — 33,004 Total operating costs and expenses 128,448 — 1,495 129,943 Income from operations 50,318 — (1,166 ) 49,152 Non-operating income (expenses) Interest income 154 — — 154 Interest expense (13,410 ) — 308 (13,102 ) 2 Earnings of equity method investment 664 — — 664 Other income 2,376 — — 2,376 Total non-operating expenses (10,216 ) — 308 (9,908 ) Income before income taxes 40,102 — (858 ) 39,244 Income tax expense 4,123 672 — 4,795 a Net income 35,979 (672 ) (858 ) 34,449 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (6,951 ) — — (6,951 ) Total comprehensive income $ 29,028 $ (672 ) $ (858 ) $ 27,498 Net income per common share—basic $ 0.46 $ (0.01 ) $ (0.01 ) $ 0.44 Net income per common share—diluted $ 0.45 $ (0.01 ) $ (0.01 ) $ 0.43 Three month period ended September 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 19,227 $ — $ — $ 19,227 Payment Processing 25,848 — — 25,848 Business Solutions 43,804 — 165 43,969 1 Total revenues 88,879 — 165 89,044 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 38,862 — 324 39,186 3, 4, 5 Selling, general and administrative expenses 7,104 — — 7,104 Depreciation and amortization 16,453 — — 16,453 Total operating costs and expenses 62,419 — 324 62,743 Income from operations 26,460 — (159 ) 26,301 Non-operating income (expenses) Interest income 91 — — 91 Interest expense (6,370 ) — — (6,370 ) Earnings of equity method investment 241 — — 241 Other income (249 ) — — (249 ) Total non-operating expenses (6,287 ) — — (6,287 ) Income before income taxes 20,173 — (159 ) 20,014 Income tax expense 1,082 77 — 1,159 a Net income 19,091 (77 ) (159 ) 18,855 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 378 — — 378 Total comprehensive income $ 19,469 $ (77 ) $ (159 ) $ 19,233 Net income per common share—basic $ 0.24 $ — $ — $ 0.24 Net income per common share—diluted $ 0.24 $ — $ — $ 0.24 Nine month period ended September 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 58,345 $ — $ — $ 58,345 Payment Processing 77,691 — — 77,691 Business Solutions 131,609 — 494 132,103 1 Total revenues 267,645 — 494 268,139 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 115,781 — 397 116,178 3, 4, 5 Selling, general and administrative expenses 25,629 — 1,421 27,050 15 Depreciation and amortization 49,457 — — 49,457 Total operating costs and expenses 190,867 — 1,818 192,685 Income from operations 76,778 — (1,324 ) 75,454 Non-operating income (expenses) Interest income 245 — — 245 Interest expense (19,780 ) — 308 (19,472 ) 2 Earnings of equity method investment 905 — — 905 Other income 2,127 — — 2,127 Total non-operating expenses (16,503 ) — 308 (16,195 ) Income before income taxes 60,275 — (1,016 ) 59,259 Income tax expense 5,205 748 — 5,953 a Net income 55,070 (748 ) (1,016 ) 53,306 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (6,573 ) — — (6,573 ) Total comprehensive income $ 48,497 $ (748 ) $ (1,016 ) $ 46,733 Net income per common share—basic $ 0.70 $ — $ (0.02 ) $ 0.68 Net income per common share—diluted $ 0.70 $ (0.01 ) $ (0.02 ) $ 0.67 Three month period ended December 31, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 20,791 $ — $ — $ 20,791 Payment Processing 27,732 — (710 ) 27,022 11 Business Solutions 44,961 — 875 45,836 1, 11 Total revenues 93,484 — 165 93,649 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 40,736 — 623 41,359 3, 4 Selling, general and administrative expenses 15,647 — (1,421 ) 14,226 15 Depreciation and amortization 16,531 — — 16,531 Total operating costs and expenses 72,914 — (798 ) 72,116 Income from operations 20,570 — 963 21,533 Non-operating income (expenses) Interest income 83 — — 83 Interest expense (6,301 ) — — (6,301 ) Earnings of equity method investment 235 — — 235 Other income 248 — — 248 Total non-operating expenses (5,735 ) — — (5,735 ) Income before income taxes 14,835 — 963 15,798 Income tax expense 2,373 1,387 (812 ) 2,948 a, 6 Net income 12,462 (1,387 ) 1,775 12,850 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (6,573 ) — — (6,573 ) Total comprehensive income $ 5,889 $ (1,387 ) $ 1,775 $ 6,277 Net income per common share—basic $ 0.16 $ (0.02 ) $ 0.02 $ 0.16 Net income per common share—diluted $ 0.16 $ (0.02 ) $ 0.02 $ 0.16

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 24—Subsequent Events On February 17, 2016, the Company’s Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the Company’s outstanding shares of common stock. The Board anticipates declaring this dividend in future quarters on a regular basis; however future declarations of dividends are subject to board of directors’ approval and may be adjusted as business needs or market conditions change. The cash dividend of $0.10 per share will be paid on March 17, 2016 to stockholders of record as of the close of business on February 29, 2016. The Company also announced an increase and extension to the current stock repurchase program. The Board has increased the repurchase authorization by $100 million to provide for $120 million total authorized and extended the expiration to December 31, 2017. On May 11, 2016, the Company’s Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the Company’s outstanding shares of common stock. The cash dividend of $0.10 per share will be paid on June 10, 2016 to stockholders of record as of the close of business on May 23, 2016. In February 2016, the Company received regulatory approval to proceed with the purchase of 65% of the share capital of Processa, SAS and during the first quarter of 2016, the Company completed the purchase. On April 14, 2016, EVERTEC Group, together with certain other direct and indirect subsidiaries of the Company, entered into a second amendment and waiver (the “ Amendment

Condensed Financial Statements

Condensed Financial Statements Parent Company Only	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Statements Parent Company Only	EVERTEC, Inc. Condensed Financial Statements Parent Company Only Condensed Balance Sheets December 31, (Dollar amounts in thousands) 2015 2014 (As Restated) Assets Current assets: Cash $ 1,673 $ 1,612 Accounts receivable, net 2,068 3,224 Prepaid expenses and other assets 109 3,949 Deferred tax asset 849 771 Total current assets 4,699 9,556 Investment in subsidiaries, at equity 119,605 120,535 Total assets $ 124,304 $ 130,091 Liabilities and stockholders’ equity Current liabilities: Accrued liabilities $ 221 $ 49 Accounts payable 47 5 Income tax payable 1,111 — Total current liabilities 1,379 54 Long-term deferred tax liability 15,484 17,588 Other long-term liabilities 9,227 17,609 Total liabilities 26,090 35,251 Stockholders’ equity: Common stock 750 779 Additional paid-in capital 9,718 59,740 Accumulated earnings 95,328 40,843 Accumulated other comprehensive loss, net of tax of $0 and $0 (7,582 ) (6,522 ) Total stockholders’ equity 98,214 94,840 Total liabilities and stockholders’ equity $ 124,304 $ 130,091 Condensed Statements of Income (Loss) and Comprehensive Income (Loss) Years ended December 31, (Dollar amounts in thousands) 2015 2014 (1) 2013 (1) (As Restated) Non-operating income (expenses) Equity in earnings (losses) of subsidiaries $ 81,161 $ 74,081 $ (22,738 ) Interest income 232 227 144 Other expenses (1,686 ) (1,994 ) (4,780 ) Total non-operating income (expense) 79,707 72,314 (27,374 ) Income (loss) before income taxes 79,707 72,314 (27,374 ) Income tax (benefit) expense (5,670 ) 6,157 (257 ) Net income (loss) 85,377 66,157 (27,117 ) Other comprehensive income (loss), net of tax Foreign currency translation adjustments (545 ) (6,948 ) 1,268 Loss on cash flow hedge (515 ) — — Total comprehensive income (loss) $ 84,317 $ 59,209 $ (25,849 ) Condensed Statements of Cash Flows Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Cash flows from operating activities $ 86,237 $ 57,276 $ (5,321 ) Cash flows from financing activities Proceeds from initial public offering, net of offering costs of $12,567 — — 112,432 Dividends paid (30,921 ) (31,359 ) (16,390 ) Repurchase of common stock (54,949 ) (26,197 ) (75,000 ) Statutory minimum withholding taxes paid on share-based compensation (306 ) (2,001 ) (16,851 ) Tax windfall benefits on share-based compensation — 3,669 1,829 Issuance of common stock — 543 29 Settlement of stock options — (1,604 ) — Net cash (used in) provided by financing activities (86,176 ) (56,949 ) 6,049 Net increase in cash 61 327 728 Cash at beginning of the period 1,612 1,285 557 Cash at end of the period $ 1,673 $ 1,612 $ 1,285 (1) The net impact of the Restatement for the year ended December 31, 2014 was a decrease in net income of $1.4 million. For the year ended December 31, 2013, net loss increased by $2.5 million as a result of the Restatement. Please refer to Note 1 for a detailed description of adjustments posted and an explanation of the main restatement issue.

The Company and Summary of Si34

The Company and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
The Company	The Company EVERTEC, Inc. (formerly known as Carib Latam Holdings, Inc.) and its subsidiaries (collectively the “Company,” or “EVERTEC”) is a leading full-service transaction processing business in Latin America and the Caribbean. The Company is based in Puerto Rico and provides a broad range of merchant acquiring, payment processing and business process management services across 18 countries in the region. EVERTEC owns and operates the ATH network, one of the leading automated teller machine (“ATM”) and personal identification number (“PIN”) debit networks in Latin America. In addition, EVERTEC provides a comprehensive suite of services for core bank processing, cash processing and technology outsourcing in the regions the Company serves. EVERTEC serves a broad and diversified customer base of leading financial institutions, merchants, corporations and government agencies with solutions that are essential to their operations, enabling them to issue, process and accept transactions securely.
Initial Public Offering and Other Public Offerings	Initial Public Offering and Other Public Offerings On April 17, 2013, the Company completed its initial public offering of 28,789,943 shares of common stock at a price to the public of $20.00 per share. A total of 6,250,000 shares were offered by the Company and a total of 22,539,943 shares were offered by selling stockholders, of which 13,739,284 shares were sold by an affiliate of Apollo Global Management, LLC (“Apollo”) and 8,800,659 shares were sold by Popular, Inc. (“Popular”). The Company used the net proceeds of approximately $117.4 million, after the deduction of underwriting discount and commissions, from the sale of shares in the initial public offering and proceeds from borrowings under the 2013 Credit Agreement (as defined below), together with available cash on hand, to redeem the Company’s 11.0% senior notes due 2018 (the “senior notes”) and to refinance the Company’s previous senior secured credit facilities. On September 18, 2013, the Company completed a public offering of 23,000,000 shares of the Company’s common stock by Apollo, Popular, and current and former employees at a price to the public of $22.50 per share. EVERTEC did not receive any proceeds from this offering. After the completion of the offering, Apollo owned approximately 9.2 million shares of EVERTEC’s common stock, or 11.2%, and Popular owned approximately 17.5 million shares of EVERTEC’s common stock, or 21.3%. On December 13, 2013, the Company completed a public offering of 15,233,273 shares of its common stock by Apollo, Popular, and current and former employees at a price to the public of $20.60 per share. EVERTEC did not receive any proceeds from this offering. After the completion of the offering, Popular owned approximately 11.7 million shares of EVERTEC’s common stock, or 14.9%, and Apollo no longer owns any of the Company’s common stock.
Basis of Presentation	Basis of Presentation The consolidated financial statements of EVERTEC have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, the accompanying consolidated financial statements, prepared in accordance with GAAP, contain all adjustments, all of which are normal and recurring in nature, necessary for a fair presentation. All significant intercompany accounts and transactions have been eliminated in consolidation. A summary of the most significant accounting policies used in preparing the accompanying consolidated financial statements is as follows:
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts and operations of the Company, which are presented in accordance with GAAP. The Company consolidates all entities that are controlled by ownership of a majority voting interest. All significant intercompany accounts and transactions are eliminated in the consolidated financial statements.
Use of Estimates	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 and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.
Revenue Recognition	Revenue Recognition The Company’s revenue recognition policy follows the guidance from Accounting Standards Codification (“ASC”) 605 Revenue Recognition Revenue Recognition-Multiple Element Arrangements Software The Company recognizes revenue when the following four criteria are met: (i) persuasive evidence of an agreement exists, (ii) delivery and acceptance has occurred or services have been rendered, (iii) the selling price is fixed or determinable, and (iv) collection is reasonably assured. For multiple deliverable arrangements, EVERTEC evaluates each arrangement to determine if the elements or deliverables within the arrangement represent separate units of accounting pursuant to ASC 605-25. If the deliverables are determined to be separate units of accounting, revenues are recognized as units of accounting are delivered and the revenue recognition criteria are met. If the deliverables are not determined to be separate units of accounting, revenues for the delivered services are combined into one unit of accounting and recognized (i) over the life of the arrangement if all services are consistently delivered over such term, or if otherwise, (ii) at the time that all services and deliverables have been delivered. The selling price for each deliverable is based on vendor specific objective evidence (“VSOE”) if available, third party evidence (“TPE”) if VSOE is not available, or management best estimate of selling price (“BESP”) if neither VSOE nor TPE is available. EVERTEC establishes VSOE of selling price using the price charged when the same element is sold separately. EVERTEC bifurcates or allocates the arrangement consideration to each of the deliverables based on the relative selling price of each unit of accounting. The Company has two main categories of revenues according to the type of transactions EVERTEC enters into with the Company’s customers: (a) transaction-based fees and (b) fixed fees and time and material. Transaction-based fees The Company provides services that generate transaction-based fees. Typically transaction-based fees depend on factors such as number of accounts or transactions processed. These factors typically consist of a fee per transaction or item processed, a percentage of dollar volume processed or a fee per account on file, or some combination thereof. Revenue derived from the transaction-based fee contracts are recognized when the underlying transaction is processed, which constitutes delivery of service. Revenues from business contracts in the Company’s Merchant Acquiring segment are primarily comprised of discount fees charged to the merchants based on the sales amount of transactions processed. Revenues include a discount fee and membership fees charged to merchants and debit network fees as well as point-of-sale (“POS”) rental fees. Pursuant to the guidance from ASC 605-45-45, Revenue Recognition—Principal Agent Considerations Payment processing revenues are comprised of revenues related to providing access to the ATH network and other card networks to financial institutions, and related services. Payment processing revenues also include revenues from card issuer processing services (such as credit and debit card processing, authorization and settlement, and fraud monitoring and control to debit or credit card issuers), payment processing services (such as payment and billing products for merchants, businesses and financial institutions) and EBT (which principally consists of services to the Puerto Rico government for the delivery of government benefits to participants). Revenues in EVERTEC’s Payment Processing segment are primarily comprised of fees per transaction processed or per account on file, or a combination of both, and are recognized at the time transactions are processed or on a monthly basis for accounts on file. Transaction-based fees within EVERTEC’s Business Solutions segment consist of revenues from business process management solutions including core bank processing, business process outsourcing, item and cash processing, and fulfillment. Transaction-based fee revenues generated by the Company’s core bank processing services are derived from fees based on various factors such as the number of accounts on file (e.g. savings or checking accounts, loans, etc.), and the number of transactions processed or registered users (e.g. for online banking services). For services dependent on the number of transactions processed, revenues are recognized as the underlying transactions are processed. For services dependent on the number of users or accounts on file, revenues are recognized on a monthly basis based on the number of accounts on file each month. Item and cash processing revenues are based upon the number of items (e.g. checks) processed and revenues are recognized when the underlying item is processed. Fulfillment services include technical and operational resources for producing and distributing variable print documents such as statements, bills, checks and benefits summaries. Fulfillment revenues are based upon the number pages for printing services and the number of envelopes processed for mailing services. Revenues are recognized as services are delivered based on a fee per page printed or envelope mailed, as applicable. Fixed fees and time and material The Company also provides services that generate a fixed fee per month or fees based on time and expenses incurred. These services are mostly provided in EVERTEC’s Business Solutions segment. Revenues are generated from EVERTEC’s core bank solutions, network hosting and management and IT consulting services. In core bank solutions, the Company mostly provides access to applications and services such as back-up or recovery, hosting and maintenance that enable a bank to operate the related hosted services accessing the Company’s IT infrastructure. These contracts generally contain multiple elements or deliverables which are evaluated by EVERTEC and revenues are recognized according to the applicable guidance. Revenue is derived from fixed fees charged for the use of hosted services and are recognized on a monthly basis as delivered. Set-up fees are billed to the customer when the service is rendered; however, they are deferred and recognized as revenues over the term of the arrangement or the expected period of the customer relationship, whichever is longer, as set-up services rarely provide value to the customer on a stand-alone basis and are interrelated with the service to be provided under the contract. In network hosting and management, EVERTEC provides hosting services for network infrastructure at EVETEC’s facilities; automated monitoring services; maintenance of call centers; interactive voice response solutions, among other related services. Revenues are primarily derived from monthly fees as services are delivered. Set-up fees are billed up-front to the customer when the set-up service is rendered; however, they are deferred and recognized as revenues over the term of the arrangement or the expected period of the customer relationship, whichever is longer, as set-up services rarely provide value to the customer on a stand-alone basis and are interrelated with the service under the contract. There are some arrangements under this line of service category that may contain undelivered elements. In such cases, the undelivered elements are evaluated and recognized when the services are delivered or at the time that all deliverables under the contract have been delivered. IT consulting services revenue primarily consists of time billings based upon the number of hours dedicated to each client. Revenue from time billings are recognized as services are delivered. EVERTEC also charges members of the ATH network an annual membership fee; however, these fees are deferred and recognized as revenues on a straight-line basis over the year and recorded in the Company’s Payment Processing segment. In addition, occasionally EVERTEC is a reseller of hardware and software products and revenues from these resale transactions are recognized when such product is delivered and accepted by the client. Service level arrangements The Company’s service contracts may include service level arrangements (“SLA”) generally allowing the customer to receive a credit for part of the service fee when the Company has not provided the agreed level of services. The SLA performance obligation is committed on a monthly basis, thus SLA performance is monitored and assessed for compliance with arrangements on a monthly basis, including determination and accounting for its economic impact, if any.
Investment in Equity Investee	Investment in Equity Investee The Company accounts for investments using the equity method of accounting if the investment provides the Company the ability to exercise significant influence, but not control, over an investee. Significant influence is generally deemed to exist if the Company has an ownership interest in the voting stock of an investor of between 20 percent and 50 percent, although other factors are considered in determining whether the equity method of accounting is appropriate. Under this method, the investment, originally recorded at cost, is adjusted to recognize the Company’s share of net income or losses as they occur. The Company’s share of investee earnings or losses is recorded, net of taxes, within earnings of equity method investment caption in the consolidated statements of income (loss) and comprehensive income (loss). The Company’s consolidated revenues include fees for services provided to an investee accounted under the equity method. Additionally, the Company’s interest in the net asset of its equity method investee is reflected in the consolidated balance sheets. On the acquisition of the investment any difference between the cost of the investment and the amount of the underlying equity in net assets of an investee is required to be accounted as if the investee were a consolidated subsidiary. If the difference is assigned to depreciable or amortizable assets or liabilities, then the difference should be amortized or accreted in connection with the equity earnings based on the Company’s proportionate share of the investee’s net income or loss. If the investor is unable to relate the difference to specific accounts of the investee, the difference should be considered to be goodwill. The Company considers whether the fair value of its equity method investment has declined below their carrying value whenever adverse events or changes in circumstances indicate that recorded values may not be recoverable. If the Company considered any such decline to be other than temporary (based on various factors, including historical financial results, product development activities and the overall health of the investee’s industry), then the Company would record a write-down to estimated fair value.
Property and Equipment	Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation of property and equipment is computed using the straight-line method and expensed over their estimated useful lives. Amortization of leasehold improvements is computed over the terms of the respective leases, including renewal options considered by management to be reasonably assured of being exercised, or the estimated useful lives of the improvements, whichever is shorter. Costs of maintenance and repairs which do not improve or extend the life of the respective assets are expensed as incurred.
Impairment on Long-lived Assets	Impairment on Long-lived Assets Long-lived assets to be held and used, and long-lived assets to be disposed of, are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.
Capitalization of Software	Capitalization of Software EVERTEC Group develops software that is used in providing processing services to customers. Capitalized software includes purchased software and internally-developed software and is recognized as software packages within the other intangible assets line item in the consolidated balance sheets. Capitalization of internally developed software occurs only after the preliminary project stage is complete and technological feasibility has been achieved, and management’s estimation that the likelihood of successful development and implementation reaches a provable level. Tasks that are generally capitalized are as follows: (a) system design of a chosen path including software configuration and software interfaces; (b) employee costs directly associated with the internal-use computer software project; (c) software development (coding) and software and system testing and verification; (d) system installation; and (e) enhancements that add function and are considered permanent. These tasks are capitalized and amortized using the straight line method over its estimated useful life, which range from three to ten years and is included in depreciation and amortization in the consolidated statements of income (loss) and comprehensive income (loss). The Company capitalizes interest costs incurred in the development of software. The amount of interest capitalized is an allocation of the interest cost incurred during the period required to substantially complete the asset. The interest rate for capitalization purposes is based on a weighted average rate on the Company’s outstanding borrowing. For the years ended December 31, 2015, 2014 and 2013, interest cost capitalized amounted to approximately $0.3 million, $0.3 million and $0.2 million, respectively.
Software and Maintenance Contracts	Software and Maintenance Contracts Software and maintenance contracts are recorded at cost. Amortization of software and maintenance contracts is computed using the straight-line method and expensed over their estimated useful lives which range from one to five years and are recognized in cost of revenues in the consolidated statements of income (loss) and comprehensive income (loss). Software and maintenance contracts are recognized as prepaid expenses and other assets or within other long-term assets depending on their remaining useful lives.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price and related costs over the value assigned to net assets acquired. Goodwill is not amortized, but is tested for impairment at least annually, or more often if events or circumstances indicate there may be impairment. The goodwill impairment test is a two-step process at each reporting unit level. The first step used to identify potential impairment, compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired and the second step of the impairment test is not necessary. If the carrying amount of the reporting unit exceeds the fair value, there is an indication of potential impairment and the second step of the goodwill impairment analysis is required. The second step consists of comparing the implied fair value of the reporting unit with the carrying amount of that goodwill. For the years ended December 31, 2015, 2014 and 2013, no impairment losses associated with goodwill were recognized. Other identifiable intangible assets with a definitive useful life are amortized using the straight-line method or an accelerated method. These intangibles are evaluated periodically for impairment when events or changes in circumstances indicate that the carrying amount may not be recoverable. Other identifiable intangible assets with a definitive useful life were acquired during the Merger and include customer relationship, trademark, software packages and non-compete agreement. In addition, in 2015, the Company acquired a Customer Relationship list from a local bank in Puerto Rico. This customer relationship was valued using the excess earnings method under the income approach. Trademark assets were valued using the relief-from-royalty method under the income approach. Software packages, which include capitalized software development costs, were recorded at cost. The non-compete agreement was valued based on the estimated impact that theoretical competition would have on revenues and expenses.
Indemnification Assets	Indemnification Assets Indemnification assets represented the Company’s estimates of payments from Popular related to expected losses on services provided to certain common customers of the Company and Popular, and for certain incremental software and license costs expected to be incurred by the Company (see Note 20) during the five years following the Merger date. Indemnification assets are recorded at the fair value of the expected cash flows. The indemnification asset decreases by the payments received from Popular and is subsequently adjusted to reflect the asset at fair value. The fair value adjustment, if any, is included in current period earnings. As of December 31, 2014, the Company’s indemnification related to the software amounted to $1.4 million. As of December 31, 2015, the indemnification asset had been fully repaid. The current portion of the indemnification assets was included within accounts receivable, net and the other long-term portion was included within other long-term assets in the accompanying consolidated balance sheets.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company uses derivative financial instruments to enhance its ability to manage its exposure to certain financial and market risks, primarily those related to changes in interest rates. On the date the derivative instrument contract is entered into, the Company may designate the derivative as (1) a hedge of the fair value of a recognized asset or liability or an unrecognized firm commitment (“fair value” hedge), (2) a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow” hedge), or (3) as a “stand-alone” derivative instrument, including economic hedges that the Company has not formally documented as a fair value or cash flow hedge. Changes in the fair value of a derivative that qualifies for cash flow hedge accounting are recognized in Other Comprehensive Income. Amounts accumulated in other comprehensive income are reclassified to earnings when the related cash outflow affects earnings. Changes in the fair value of a derivative instrument that is highly effective and that is designated and qualifies as a fair value hedge, along with changes in the fair value of the hedged asset or liability that is attributable to the hedged risk (including gains or losses on firm commitments), are recorded in current-period earnings. Similarly, the changes in the fair value of stand-alone derivative instruments or derivatives not qualifying or designated for hedge accounting are reported in current-period earnings. The Company recognizes all derivative financial instruments in the Consolidated Balance Sheets as assets or liabilities at fair value. The Company does not enter into derivative financial instruments for speculative purposes.
Income Tax	Income Tax Income taxes are accounted for under the asset and liability method. A temporary difference refers to a difference between the tax basis of an asset or liability, determined based on recognition and measurement requirements for tax positions, and its reported amount in the financial statements that will result in taxable or deductible amounts in future years when the reported amount of the asset or liability is recovered or settled, respectively. Deferred tax assets and liabilities represent the future effects on income taxes that result from temporary differences and carryforwards that exist at the end of a period. Deferred tax assets and liabilities are measured using enacted tax rates and provisions of the enacted tax law and are not discounted to reflect the time-value of money. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the consolidated statements of income (loss) and comprehensive income (loss) in the period that includes the enactment date. A deferred tax valuation allowance is established if it is considered more likely than not that all or a portion of the deferred tax asset will not be realized. The Company recognizes the benefit of uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement or disposition of the underlying issue with the taxing authority. Accordingly, the amount of benefit recognized in the consolidated financial statements may differ from the amount taken or expected to be taken in the tax return resulting in unrecognized tax benefits (“UTBs”). The Company recognizes the interest and penalties associated with UTBs as part of the provision for income taxes on its consolidated statements of income (loss) and comprehensive income (loss). Accrued interest and penalties are included on the related tax liability line in the consolidated balance sheet. All companies within EVERTEC are legal entities which file separate income tax returns.
Cash	Cash Cash includes cash on hand and in banks.
Restricted Cash	Restricted Cash Restricted cash represents cash received on deposits from participating institutions of the ATH network that has been segregated for the development of the ATH brand and cash maintained as collateral for a credit facility with Popular. Also, restricted cash includes certain cash collected from the Ticketpop business and a reserve account for payment and transaction processing services to merchants. The restrictions of these accounts are based on contractual provisions entered into with third parties. This cash is maintained in separate accounts at a financial institution in Puerto Rico.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts An allowance for doubtful accounts is provided for based on the estimated uncollectible amounts of the related receivables. The estimate is primarily based on a review of the current status of specific accounts receivable. 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 doubtful accounts only after all collection attempts have been exhausted.
Foreign Currency Translation	Foreign Currency Translation Assets and liabilities denominated in foreign currencies are translated to U.S. dollars using prevailing rates of exchange at the end of the period. Revenues, expenses, gains and losses are translated using weighted average rates for the period. The resulting foreign currency translation adjustment from operations for which the functional currency is other than the U.S. dollar is reported in accumulated other comprehensive income (loss). Gains and losses on transactions denominated in currencies other than the functional currencies are included in determining net income for the period in which exchange rates change.
Share-based Compensation	Share-based Compensation The Company estimates the fair value of stock-based awards, on a contemporaneous basis, at the date they are granted using the Black-Scholes-Merton option pricing model for Tranche A options and the Monte Carlo simulation analysis for Tranche B and Tranche C options and market based restricted stock units (“RSUs”) using the following assumptions: (1) stock price; (2) risk-free rate; (3) expected volatility; (4) expected annual dividend yield and (5) expected term. The risk-free rate is based on the U.S. Constant Maturities Treasury Interest Rate as of the grant date. The expected volatility is based on a combination of historical volatility and implied volatility from publicly traded companies in the Company’s industry. The expected annual dividend yield is based on management’s expectations of future dividends as of the grant date. The expected term for stock options granted under the 2010 Plan was based on the vesting time of the options. For the stock options granted under the 2013 Plan, the simplified method was used to estimate the expected term, given that the Company did not have appropriate exercise data on which to base the estimate nor is exercise data relating to employees of comparable companies easily obtainable. Upon option exercise, participants may elect to “net share settle”. Rather than requiring the participant to deliver cash to satisfy the exercise price and statutory minimum tax withholdings, the Company withholds a sufficient number of shares to cover these amounts and delivers the net shares to the participant. The Company recognizes the associated tax withholding obligation as a reduction of additional paid-in capital. As compensation expense is recognized, a deferred tax asset is established. At the time stock options are exercised, a current tax deduction arises based on the value at the time of exercise. This deduction may exceed the associated deferred tax asset, resulting in a “windfall tax benefit”. The windfall is recognized in the consolidated balance sheet as an increase to additional paid-in capital, and is included in the consolidated statement of cash flows as a financing inflow. In determining the amount of cash tax savings realized from the excess share-based compensation deductions, the Company follows the tax law ordering approach. Under this approach, the utilization of excess tax deductions associated with share-based awards is dictated by provisions in the tax law that identify the sequence in which such benefits are utilized for tax purposes.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share Basic net income (loss) per common share is determined by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share assumes the issuance of all potentially dilutive share equivalents using the treasury stock method. For stock options and RSUs it is assumed that the proceeds will be used to buy back shares. Such proceeds equal the average unrecognized compensation plus exercise price and windfall tax benefits. For unvested restricted shares, the proceeds equal the average unrecognized compensation plus windfall tax benefits.

Restatement of Previously Iss35

Restatement of Previously Issued Consolidated Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Cumulative Restatement Adjustments Recorded on Accumulated Earnings	The table below summarizes the effects of the cumulative Restatement adjustments recorded to all periods prior to January 1, 2013 on previously reported accumulated earnings balance: December 31, 2012 As Restatement Other As Reference (in thousands) Accumulated earnings $ 70,414 $ (17,503 ) $ (3,359 ) $ 49,552 a, 1, 2, 5
Impact of Restatement Adjustments and Correcting Classification Adjustments on Consolidated Statements of Income (Loss)	The tables below summarize the impact of the restatement adjustments and correcting classification adjustments on the Consolidated Statements of Income (Loss) for the years ended December 31, 2014 and 2013: Year ended December 31, 2014 (in thousands) As Restatement Other As Reference Revenues Merchant Acquiring, net $ 79,136 $ — $ — $ 79,136 Payment Processing 105,423 — (710 ) 104,713 11 Business Solutions 176,570 — 1,369 177,939 1, 11 Total revenues 361,129 — 659 361,788 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 156,517 — 1,020 157,537 3, 4, 5 Selling, general and administrative expenses 41,276 — — 41,276 Depreciation and amortization 65,988 — — 65,988 Total operating costs and expenses 263,781 — 1,020 264,801 Income from operations 97,348 — (361 ) 96,987 Non-operating income (expenses) Interest income 328 — — 328 Interest expense (26,081 ) — 309 (25,772 ) 2 Earnings of equity method investment 1,140 — — 1,140 Other income 2,375 — — 2,375 Total non-operating expenses (22,238 ) — 309 (21,929 ) Income before income taxes 75,110 — (52 ) 75,058 Income tax expense 7,578 2,135 (812 ) 8,901 a, 6 Net income 67,532 (2,135 ) 760 66,157 Other comprehensive loss, net of tax Foreign currency translation adjustments (6,948 ) — — (6,948 ) Total comprehensive income $ 60,584 $ (2,135 ) $ 760 $ 59,209 Net income per common share—basic $ 0.86 $ (0.02 ) $ — $ 0.84 Net income per common share—diluted $ 0.86 $ (0.02 ) $ — $ 0.84 Year ended December 31, 2013 (in thousands) As Restatement Other As Reference Revenues Merchant Acquiring, net $ 73,616 $ — $ — $ 73,616 Payment Processing 100,104 — — 100,104 Business Solutions 184,297 — 385 184,682 1 Total revenues 358,017 — 385 358,402 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 163,080 — (100 ) 162,980 4, 5 Selling, general and administrative expenses 38,810 — — 38,810 Depreciation and amortization 70,366 — — 70,366 Total operating costs and expenses 272,256 — (100 ) 272,156 Income from operations 85,761 — 485 86,246 Non-operating income (expenses) Interest income 236 — — 236 Interest expense (37,861 ) — 444 (37,417 ) 2 Earnings of equity method investment 935 — — 935 Other expenses (75,682 ) — — (75,682 ) Total non-operating expenses (112,372 ) — 444 (111,928 ) Loss before income taxes (26,611 ) — 929 (25,682 ) Income tax (benefit) expense (1,990 ) 3,425 — 1,435 a Net loss (24,621 ) (3,425 ) 929 (27,117 ) Other comprehensive income, net of tax Foreign currency translation adjustments 1,268 — — 1,268 Total comprehensive loss $ (23,353 ) $ (3,425 ) $ 929 $ (25,849 ) Net loss per common share—basic $ (0.31 ) $ (0.03 ) $ — $ (0.34 ) Net loss per common share—diluted $ (0.31 ) $ (0.03 ) $ — $ (0.34 )
Impact of Restatement Adjustments and Correcting Classifications Adjustments on Consolidated Balance Sheet	The following tables summarize the impact of the restatement adjustments and correcting classifications adjustments on the Consolidated Balance Sheet for the year ended December 31, 2014: December 31, 2014 As Restatement Other As Reference (in thousands) Assets Current Assets: Cash $ 32,114 $ — $ — $ 32,114 Restricted cash 5,718 — (500 ) 5,218 8 Accounts receivable, net 75,810 — (5,126 ) 70,684 14 Deferred tax asset 399 755 (101 ) 1,053 a, 6 Prepaid expenses and other assets 20,565 259 (746 ) 20,078 a, 4 Total current assets 134,606 1,014 (6,473 ) 129,147 Investment in equity investee 11,756 — — 11,756 Property and equipment, net 29,535 — — 29,535 Goodwill 368,837 — — 368,837 Other intangible assets, net 334,584 — 44 334,628 3 Other long-term assets 10,917 — 501 11,418 8 Total assets $ 890,235 $ 1,014 $ (5,928 ) $ 885,321 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 26,052 $ — $ — $ 26,052 Accounts payable 22,879 — (5,126 ) 17,753 14 Unearned income 9,825 — (6,529 ) 3,296 1, 12 Income tax payable 1,956 — — 1,956 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 23,000 — — 23,000 Deferred tax liability 1,799 (886 ) (913 ) — a, 6 Total current liabilities 104,511 (886 ) (12,568 ) 91,057 Long-term debt 647,579 — — 647,579 Long-term deferred tax liability, net 15,674 7,398 — 23,072 a Unearned income—long-term — — 8,312 8,312 12 Other long-term liabilities 2,898 17,563 — 20,461 a Total liabilities 770,662 24,075 (4,256 ) 790,481 Commitments and contingencies Stockholders’ equity Preferred stock — — — — Common Stock 779 — — 779 Additional paid-in capital 59,740 — — 59,740 Accumulated earnings 65,576 (23,061 ) (1,672 ) 40,843 Accumulated other comprehensive loss, net of tax (6,522 ) — — (6,522 ) Total stockholders’ equity 119,573 (23,061 ) (1,672 ) 94,840 Total liabilities and stockholders’ equity $ 890,235 $ 1,014 $ (5,928 ) $ 885,321
Impact of Restatement Adjustments and Correcting Classification Adjustments on Consolidated Statement of Cash Flow	The table below summarizes the effects of the Restatement adjustments and correcting classification adjustments on the Consolidated Statement of Cash Flows for the years ended December 31, 2014 and 2013: Year ended December 31, 2014 As Restatement Other As Reference Cash flows from operating activities Net income $ 67,532 $ (2,135 ) $ 760 $ 66,157 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 65,988 — — 65,988 Amortization of debt issue costs and accretion of discount 3,094 — — 3,094 Provision for doubtful accounts and sundry losses 1,360 — — 1,360 Deferred tax benefit (1,713 ) (1,176 ) (812 ) (3,701 ) a, 6 Share-based compensation 4,587 — — 4,587 Unrealized loss of indemnification assets 446 — — 446 Loss on disposition of property and equipment and other intangibles 734 — — 734 Earnings of equity method investment (1,140 ) — — (1,140 ) Dividend received from equity method investment 326 — — 326 (Increase) decrease in assets: Accounts receivable, net (6,608 ) — 1,021 (5,587 ) 7, 9, 14 Prepaid expenses and other assets (1,067 ) 83 603 (381 ) a, 9 Other long-term assets 3,365 — — 3,365 Increase (decrease) in liabilities: Accounts payable and accrued liabilities (2,883 ) 3,228 (1,042 ) (697 ) a, 2, 7, 9, 10, 14 Income tax payable 1,697 — — 1,697 Unearned income 4,230 — (659 ) 3,571 1 Total adjustments 72,416 2,135 (889 ) 73,662 Net cash provided by operating activities 139,948 — (129 ) 139,819 Cash flows from investing activities Net increase in restricted cash (285 ) — — (285 ) Additions to software (15,046 ) — 339 (14,707 ) 3, 10 Property and equipment acquired (10,898 ) — — (10,898 ) Proceeds from sales of property and equipment 59 — — 59 Net cash used in investing activities (26,170 ) — 339 (25,831 ) Cash flows from financing activities Net decrease in short-term borrowings (27,000 ) — — (27,000 ) Repayments of borrowing for purchase of equipment (1,200 ) — — (1,200 ) Dividends paid (31,359 ) — — (31,359 ) Statutory minimum withholding taxes paid on share-based compensation (2,001 ) — — (2,001 ) Tax windfall benefits on share-based compensation 3,669 — — 3,669 Issuance of common stock 543 — — 543 Repurchase of common stock (26,197 ) — — (26,197 ) Settlement of stock options (1,604 ) — — (1,604 ) Repayment and repurchase of long-term debt (19,000 ) — — (19,000 ) Net cash used in financing activities (104,149 ) — — (104,149 ) Net increase in cash 9,629 — 210 9,839 Cash at beginning of the period 22,485 — (210 ) 22,275 Cash at end of the period $ 32,114 $ — $ — $ 32,114 Year ended December 31, 2013 As Restatement Other As Reference Cash flows from operating activities Net loss $ (24,621 ) $ (3,425 ) $ 929 $ (27,117 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 70,366 — — 70,366 Amortization of debt issue costs and accretion of discount 3,905 — — 3,905 Write-off of debt issue costs, premium and discount accounted as loss on extinguishment of debt 16,555 — — 16,555 Provision for doubtful accounts and sundry losses 673 — — 673 Deferred tax benefit (5,702 ) 2,283 — (3,419 ) a Share-based compensation 6,179 — — 6,179 Unrealized loss of indemnification assets 383 — — 383 Loss on disposition of property and equipment and other intangibles 538 — — 538 Earnings of equity method investment (935 ) — — (935 ) Dividend received from equity method investment 984 — — 984 (Increase) decrease in assets: — — Accounts receivable, net 9,243 — 4,403 13,646 7, 9, 14 Prepaid expenses and other assets 1,685 (26 ) (1,212 ) 447 a, 9 Other long-term assets (1,381 ) — — (1,381 ) Increase (decrease) in liabilities: Accounts payable and accrued liabilities (16,734 ) 1,168 (3,914 ) (19,480 ) a, 2, 7, 9, 14 Income tax payable (2,700 ) — — (2,700 ) Unearned income 4,429 — (463 ) 3,966 1 Total adjustments 87,488 3,425 (1,186 ) 89,727 Net cash provided by operating activities 62,867 — (257 ) 62,610 Cash flows from investing activities Net increase in restricted cash (494 ) — — (494 ) Additions to software and purchase of customer relationship (16,980 ) — 253 (16,727 ) 13 Property and equipment acquired (11,486 ) — (206 ) (11,692 ) 13 Proceeds from sales of property and equipment 16 — — 16 Net cash used in investing activities (28,944 ) — 47 (28,897 ) Cash flows from financing activities Proceeds from initial public offering, net of offering costs of $12,567 112,432 — — 112,432 Proceeds from issuance of long-term debt 700,000 — — 700,000 Debt issuance costs (12,077 ) — — (12,077 ) Net increase in short-term borrowings 36,000 — — 36,000 Proceeds from new short-term borrowing for purchase of equipment 1,800 — — 1,800 Repayments of borrowing for purchase of equipment (13,596 ) — — (13,596 ) Dividends paid (16,390 ) — — (16,390 ) Statutory minimum withholding taxes paid on share-based compensation (16,851 ) — — (16,851 ) Tax windfall benefits on share-based compensation 1,829 — — 1,829 Issuance of common stock 29 — — 29 Repurchase of common stock (75,000 ) — — (75,000 ) Repayment and repurchase of long-term debt (755,024 ) — — (755,024 ) Repayment of other financing agreement (224 ) — — (224 ) Net cash used in financing activities (37,072 ) — — (37,072 ) Net decrease in cash (3,149 ) — (210 ) (3,359 ) Cash at beginning of the period 25,634 — — 25,634 Cash at end of the period $ 22,485 $ — $ (210 ) $ 22,275

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Accounts Receivable, Net	Accounts receivable, net consisted of the following: December 31, (Dollar amounts in thousands) 2015 2014 (As restated) Trade $ 52,652 $ 53,503 Due from affiliates, net 16,886 13,140 Settlement assets 6,304 4,742 Other 123 306 Less: allowance for doubtful accounts (2,250 ) (1,007 ) Accounts receivable, net $ 73,715 $ 70,684

Prepaid Expenses and Other As37

Prepaid Expenses and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Assets	Prepaid expenses and other assets consisted of the following: December 31, (Dollar amounts in thousands) 2015 2014 (As restated) Software licenses and maintenance contracts $ 6,526 $ 7,028 Deferred project costs 4,067 2,297 Insurance 1,313 1,321 Prepaid income taxes 1,259 3,984 Taxes other than income 1,042 1,102 Postage 751 709 Other 3,800 3,637 Prepaid expenses and other assets $ 18,758 $ 20,078

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and equipment, net consisted of the following: Useful life December 31, (Dollar amounts in thousands) 2015 2014 Buildings 30 $ 1,606 $ 1,602 Data processing equipment 3 – 5 94,523 77,588 Furniture and equipment 3 – 20 8,170 7,540 Leasehold improvements 5 – 10 3,649 2,964 107,948 89,694 Less—accumulated depreciation and amortization (75,244 ) (61,580 ) Depreciable assets, net 32,704 28,114 Land 1,424 1,421 Property and equipment, net $ 34,128 $ 29,535

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill Allocated by Reportable Segments	The changes in the carrying amount of goodwill, allocated by reportable segments, were as follows (See Note 22): (Dollar amounts in thousands) Merchant Payment Business Total Balance at December 31, 2012 $ 138,121 $ 187,028 $ 47,158 $ 372,307 Foreign currency translation adjustments — 594 218 812 Balance at December 31, 2013 138,121 187,622 47,376 373,119 Foreign currency translation adjustments — (3,394 ) (888 ) (4,282 ) Balance at December 31, 2014 138,121 184,228 46,488 368,837 Foreign currency translation adjustments — (732 ) 28 (704 ) Balance at December 31, 2015 $ 138,121 $ 183,496 $ 46,516 $ 368,133

Other Intangible Assets (Tables

Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying Amount of Other Intangible Assets	The carrying amount of other intangible assets consisted of the following: (Dollar amounts in thousands) Useful life in years December 31, 2015 Gross Accumulated Net carrying Customer relationships 10 – 14 $ 322,632 $ (117,963 ) $ 204,669 Trademark 10 – 15 39,950 (18,186 ) 21,764 Software packages 3 – 10 155,611 (106,735 ) 48,876 Non-compete agreement 15 56,539 (19,789 ) 36,750 Other intangible assets, net $ 574,732 $ (262,673 ) $ 312,059 (Dollar amounts in thousands) Useful life in years December 31, 2014 Gross Accumulated Net carrying (As restated) Customer relationships 14 $ 312,735 $ (95,482 ) $ 217,253 Trademark 10 – 15 39,950 (14,722 ) 25,228 Software packages 3 – 10 138,232 (86,605 ) 51,627 Non-compete agreement 15 56,539 (16,019 ) 40,520 Other intangible assets, net $ 547,456 $ (212,828 ) $ 334,628
Estimated Amortization Expenses	The estimated amortization expenses of balances outstanding at December 31, 2015 for the next five years are as follows: (Dollar amounts in thousands) 2016 $ 42,532 2017 39,244 2018 35,956 2019 34,262 2020 32,151

Debt and Short-Term Borrowings

Debt and Short-Term Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Total Debt	Total debt was as follows: December 31, (Dollar amounts in thousands) 2015 2014 Senior Secured Credit Facility (Term A) due on April 17, 2018 paying interest at a variable interest rate (London InterBank Offered Rate (“LIBOR”) plus applicable margin (1)(3) $ 262,323 $ 277,239 Senior Secured Credit Facility (Term B) due on April 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin (2)(3) 386,172 389,340 Senior Secured Revolving Credit Facility expiring on April 17, 2018 paying interest at a variable interest rate 17,000 23,000 Note Payable due on October 1, 2017 (3) 2,967 4,333 Note Payable due on July 31, 2017 (3) 685 — Total debt $ 669,147 $ 693,912 (1) Applicable margin of 2.25% and 2.50% at December 31, 2015 and 2014, respectively. (2) Subject to a minimum rate (“LIBOR floor”) of 0.75% plus applicable margin of 2.50% and 2.75% at December 31, 2015 and 2014, respectively. (3) Net of unaccreted discount.
Summary of Contractual Principal Payments	The following table presents contractual principal payments for the next five years: (Dollar amounts in thousands) 2016 $ 24,681 2017 32,180 2018 221,500 2019 4,000 2020 374,000

Financial Instruments and Fai42

Financial Instruments and Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements for Assets and Liabilities at Fair Value on Recurring Basis	The following table summarizes fair value measurements by level at December 31, 2015 and 2014, for assets and liabilities measured at fair value on a recurring basis: (Dollar amounts in thousands) Level 1 Level 2 Level 3 Total December 31, 2015 Financial assets: Indemnification assets: Software cost reimbursement $ — $ — $ — $ — Financial liabilities: Interest rate swap — 515 — 515 December 31, 2014 Financial assets: Indemnification assets: Software cost reimbursement $ — $ — $ 1,428 $ 1,428
Carrying Value and Estimated Fair Values for Financial Instruments	The following table presents the carrying value, as applicable, and estimated fair values for financial instruments at December 31, 2015 and 2014: December 31, 2015 2014 (Dollar amounts in thousands) Carrying Fair Value Carrying Fair Value Financial assets: Indemnification assets: Software cost reimbursement $ — $ — $ 1,428 $ 1,428 Financial liabilities: Interst rate swap $ 515 $ 515 $ — $ — Senior secured term loan A 262,323 250,688 277,240 266,400 Senior secured term loan B 386,172 373,749 389,340 385,462
Summary of Change in Fair Value of Level Three Assets	The following table provides a summary of the change in fair value of the Company’s Level 3 assets: (Dollar amounts in thousands) Indemnification Balance—December 31, 2012 $ 6,099 Payments received (2,130 ) Unrealized loss recognized in other expenses (383 ) Balance—December 31, 2013 3,586 Payments received (1,712 ) Unrealized loss recognized in other expenses (446 ) Balance—December 31, 2014 1,428 Payments received (1,442 ) Unrealized gain recognized in other expenses 14 Balance—December 31, 2015 $ —

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Summary of Dividend Activity	The Company’s dividend activity in 2015 and 2014 was as follows: Declaration Date Record Date Payment Date Dividend per share February 12, 2014 February 25, 2014 March 14, 2014 0.10 May 7, 2014 May 19, 2014 June 6, 2014 0.10 August 6, 2014 August 18, 2014 September 5, 2014 0.10 November 5, 2014 November 17, 2014 December 5, 2014 0.10 February 18, 2015 March 2, 2015 March 19, 2015 0.10 May 6, 2015 May 18, 2015 June 5, 2015 0.10 August 5, 2015 August 17, 2015 September 3, 2015 0.10 November 4, 2015 November 16, 2015 December 4, 2015 0.10
Summary of Changes in Balances Comprising Accumulated Other Comprehensive Loss	The following table provides a summary of the changes in the balances comprising accumulated other comprehensive loss for the year ended December 31, 2015: Foreign Currency Cash Flow Hedge Total Balance—December 31, 2013 $ 426 $ — $ 426 Additions: (6,948 ) — (6,948 ) Balance—December 31, 2014 (6,522 ) — (6,522 ) Additions: (545 ) (515 ) (1,060 ) Balance—December 31, 2015 $ (7,067 ) $ (515 ) $ (7,582 )

Share-based Compensation (Table

Share-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Activity	The following table summarizes the stock options activity for the years ended December 31, 2015, 2014 and 2013: Shares Weighted-average Outstanding at December 31, 2012 5,177,582 $ 2.06 Granted 150,000 23.36 Exercised (4,042,046 ) 1.99 Outstanding at December 31, 2013 1,285,536 $ 4.77 Granted 100,000 24.01 Forfeitures (31,164 ) 1.30 Exercised (1) (945,040 ) 1.96 Repurchased (93,332 ) 4.83 Outstanding at December 31, 2014 316,000 $ 19.56 Expired (50,000 ) 23.36 Forfeitures (126,000 ) 18.81 Outstanding at December 31, 2015 140,000 $ 18.88 Exercisable at December 31, 2015 33,333 $ 24.01 (1) At December 31, 2014, the total intrinsic value of options exercised during the year amounted to $19.3 million.
Fully Vested Stock Options	The following table presents information about fully vested stock options for the years ended December 31, 2015, 2014 and 2013: Years ended December 31, 2015 2014 2013 Shares Weighted Shares Weighted Shares Weighted Vested stock options (1)(2)(3) 33,333 $ 24.01 766,995 $ 3.75 3,757,099 $ 2.07 (1) At December 31, 2015, there is no intrinsic value for vested stock options as the options are out-of-the-money. For December 31, 2014 and 2013, the aggregate intrinsic value amounted to $14.0 million and $84.9 million, respectively. (2) The weighted average contractual term of fully vested options is 8.16 years, 6.06 years and 7.04 years as of December 31, 2015, 2014 and 2013, respectively. (3) The fair value of vested stock options at December 31, 2015, 2014 and 2013 amounted to $1.4 million, $17.0 million and $92.7 million, respectively.
Assumptions used to Estimate Fair Value of Stock Option Granted	The fair value of stock options granted during 2014 and 2013, none were granted in 2015, was estimated using the Black-Scholes-Merton (“BSM”) option pricing model, with the following assumptions: Years ended December 31, 2014 2013 Stock options granted Stock options granted Stock Price $ 24.01 per share $ 23.36 per share Risk-free rate 1.80 % 1.68 % Expected volatility 36.98 % 36.56 % Expected annual dividend yield 1.63 % 1.71 % Expected term 6 years 6 years
Nonvested Restricted Shares and RSUs Activity	The following table summarizes the nonvested restricted shares and RSUs activity for the years ended December 31, 2015, 2014 and 2013: Nonvested restricted shares and RSUs Shares Weighted-average Nonvested at December 31, 2012 115,420 $ 5.90 Granted 9,133 24.64 Vested (115,420 ) 5.90 Nonvested at December 31, 2013 9,133 $ 24.64 Granted 23,252 22.04 Vested (9,133 ) 24.64 Nonvested at December 31, 2014 23,252 $ 22.04 Granted 596,238 22.24 Vested (94,550 ) 21.33 Forfeited (33,214 ) 23.61 Nonvested at December 31, 2015 491,726 $ 22.32
Share-Based Compensation Recognized	Share-based compensation recognized was as follows: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 Share-based compensation recognized, net Stock options $ 193 $ 4,305 $ 5,820 Restricted shares and RSUs 5,011 282 359

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Components of Income Tax (Benefit) Expense	The components of income tax (benefit) expense consisted of the following: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Current tax (benefit) provision $ (245 ) $ 12,602 $ 4,854 Deferred tax benefit (3,090 ) (3,701 ) (3,419 ) Income tax (benefit) expense $ (3,335 ) $ 8,901 $ 1,435
Segregation of Income Tax Expense (Benefit) Based on Location of Operations	The Company conducts operations in Puerto Rico and certain countries throughout the Caribbean and Latin America. As a result, the income tax expense (benefit) includes the effect of taxes paid to the Puerto Rico government as well as foreign jurisdictions. The following table presents the segregation of income tax expense (benefit) based on location of operations: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Income (loss) before income tax provision (benefit) Puerto Rico $ 73,327 $ 61,759 $ (34,565 ) United States 1,879 2,131 2,031 Foreign countries 6,836 11,168 6,852 Total income (loss) before income tax provision (benefit) $ 82,042 $ 75,058 $ (25,682 ) Current tax (benefit) provision Puerto Rico $ (3,500 ) $ 8,090 $ 2,057 United States 413 (517 ) 753 Foreign countries 2,842 5,029 2,044 Total currrent tax (benefit) provision $ (245 ) $ 12,602 $ 4,854 Deferred tax benefit Puerto Rico $ (2,169 ) $ (1,933 ) $ (2,812 ) United States (114 ) (124 ) (4 ) Foreign countries (807 ) (1,644 ) (603 ) Total deferred tax benefit $ (3,090 ) $ (3,701 ) $ (3,419 )
Components of Deferred Tax Assets and Liabilities	The following table presents the components of the Company’s deferred tax assets and liabilities: December 31, (Dollar amounts in thousands) 2015 2014 (As Restated) Deferred tax assets (“DTA”) Allowance for doubtful accounts $ 420 $ 245 Unearned income 1,315 1,149 Investment in equity subsidiary 292 304 Alternative minimum tax 400 495 Share-based compensation 379 89 Other temporary assets 679 687 Total gross deferred tax assets 3,485 2,969 Deferred tax liabilities (“DTL”) Deferred compensation $ 1,270 $ 1,144 Difference between the assigned values and the tax basis of assets and liabilities recognized in purchase 21,144 23,844 Total gross deferred tax liabilities 22,414 24,988 Deferred tax liability, net $ (18,929 ) $ (22,019 )
Reconciliation of Total Amounts of Unrecognized Tax Benefits	The following is a tabular reconciliation of the total amounts of UTBs: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Balance, beginning of year $ 19,859 $ 20,616 $ 20,112 Gross increases—tax positions in prior period 53 — 2,323 Gross decreases—tax positions in prior period — (757 ) (1,889 ) Gross increases—tax positions in current period — — 916 Lapse of statute of limitations (7,065 ) — (846 ) Balance, end of year $ 12,847 $ 19,859 $ 20,616
Income Tax Expense Differs from Computed Income Tax at Statutory Rates	The income tax expense differs from the amount computed by applying the Puerto Rico statutory income tax rate to the income (loss) before income taxes as a result of the following: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Computed income tax at statutory rates $ 31,996 $ 29,435 $ (10,109 ) Benefit of net tax-exempt interest income (284 ) — (180 ) Differences in tax rates due to multiple jurisdictions 37 (942 ) 577 Tax (benefit) expense due to a change in estimate (201 ) (916 ) 83 Adjustment to deferred taxes due to changes in enacted tax rate and tax grant — (731 ) 3,568 Effect of net disallowed operating losses in foreign entities 103 83 93 Effect of income subject to tax-exemption grant (23,375 ) (19,858 ) 6,242 Unrecognized tax benefit (11,626 ) 1,830 1,168 Other 15 — (7 ) Income tax (benefit) expense $ (3,335 ) $ 8,901 $ 1,435

Net Income (Loss) Per Common 46

Net Income (Loss) Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Reconciliation of Numerator and Denominator of Income Per Common Share	The reconciliation of the numerator and the denominator of the earnings per common share is as follows: Years ended December 31, ( Dollar amounts in thousands, except share and per share data) 2015 2014 2013 (As restated) Net income (loss) $ 85,377 $ 66,157 $ (27,117 ) Less: non-forfeitable dividends on restricted stock 9 — — Net income (loss) available to common shareholders $ 85,368 $ 66,157 $ (27,117 ) Weighted average common shares outstanding 77,066,459 78,337,152 78,914,310 Weighted average potential dilutive common shares (1)(2) 114,664 553,987 — Weighted average common shares outstanding—assuming dilution 77,181,123 78,891,139 78,914,310 Net income (loss) per common share—basic $ 1.11 $ 0.84 $ (0.34 ) Net income (loss) per common share—diluted $ 1.11 $ 0.84 $ (0.34 ) (1) Potential common shares consist of common stock issuable under the assumed exercise of stock options, restricted stock and RSUs awards using the treasury stock method. (2) For the year ended December 31, 2013, 2,325,209 potential common shares consisting of common stock under the assumed exercise of stock options and restricted stock awards using the treasury stock method were not included in the computation of the diluted net income (loss) per share since their inclusion would have an antidilutive effect.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Transactions with Related Parties	The following table presents the Company’s transactions with related parties for each of the periods presented below: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Total revenues (1)(2) $ 169,433 $ 164,336 $ 167,440 Cost of revenues $ 1,701 $ 1,946 $ 8,429 Rent and other fees (3)(4) $ 7,880 $ 7,928 $ 27,762 Interest earned from and charged by affiliate Interest income $ 206 $ 197 $ 130 Interest expense (5) $ — $ — $ 2,471 (1) Total revenues from Popular as a percentage of revenues were 45%, 45% and 46% for each of the periods presented above. (2) Includes revenues generated from investee accounted for under the equity method of $2.1 million, $2.5 million and $3.0 million for the years ended December 31, 2015, 2014 and 2013, respectively. (3) Includes management fees to equity sponsors amounting to $3.5 million for the year ended December 31, 2013. Management fees paid during 2013 also includes $16.7 million resulting from the termination of the consulting agreements as explained below. Rent and other fees also include $5.9 million paid in connection with the redemption premium on the senior notes during the first half of 2013. (4) Includes $7.9 million, $7.9 million and $11.1 million recorded as selling, general and administrative expenses for each of the periods presented above, and $16.7 million recorded as non-operating expenses for the year ended December 31, 2013 in the audited consolidated statement of income (loss) and comprehensive income (loss). (5) Interest expense relates to interest accrued on the senior secured term loan and senior notes held by Popular. As a result of the debt refinancing and the redemption of the senior notes in April 2013, Popular’s participation in such debt was extinguished. See Note 12 for additional information related to the extinguishment of this debt.
Summary of Balances of Transactions with Related Parties	At December 31, 2015 and 2014, the Company had the following balances arising from transactions with related parties: December 31, (Dollar amounts in thousands) 2015 2014 (As restated) Cash and restricted cash deposits in affiliated bank $ 23,872 $ 13,566 Indemnification assets from Popular reimbursement (1) Accounts receivable $ — $ 1,428 Other due/to from affiliate Accounts receivable $ 20,196 $ 17,006 Prepaid expenses and other assets $ 867 $ 398 Accounts payable (2) $ 2,687 $ 5,260 Unearned income $ 11,970 $ 9,385 Other long-term liabilites (2) $ 14 $ 45 (1) Recorded in connection with reimbursement from Popular regarding certain software license fees. (2) Includes an account payable of $32,000 and $0.2 million and a long-term liability of $14,000 and $45,000 for December 31, 2015 and 2014, respectively, related to the unvested portion of stock options as a result of the equitable adjustment approved by the Company’s Board of Directors on December 18, 2012 that will be payable to executive officers and employees upon vesting of stock options.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Future Minimum Rental Payments on Operating Leases	The Company leases certain facilities and equipment under operating leases. Most leases contain renewal options for varying periods. Future minimum rental payments on such operating leases at December 31, 2015 are as follows: (Dollar amounts in thousands) Unrelated Related Minimum future 2016 $ 444 $ 4,226 $ 4,670 2017 259 4,352 4,611 2018 8 4,483 4,491 2019 — 4,618 4,618 2020 and thereafter — 1,163 1,163 $ 711 $ 18,842 $ 19,553

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Information about Operations by Business Segments	The following tables set forth information about the Company’s operations by its three business segments for the periods indicated: (Dollar amounts in thousands) Merchant Payment Processing Business Other Total Year ended December 31, 2015 Revenues $ 85,411 $ 136,566 $ 179,797 $ (28,246 ) (1) $ 373,528 Income from operations 36,466 55,429 50,200 (38,735 ) (2) 103,360 Year ended December 31, 2014 Revenues—As restated 79,136 131,381 177,939 (26,668 ) (1) 361,788 Income from operations—As restated 34,362 58,796 48,299 (44,470 ) (2) 96,987 Year ended December 31, 2013 Revenues—As restated 73,616 125,610 184,682 (25,506 ) (1) 358,402 Income from operations—As restated 35,398 54,635 42,687 (46,474 ) (2) 86,246 (1) Represents the elimination of intersegment revenues for services provided by the Payment Processing segment to the Merchant Acquiring segment, and other miscellaneous intersegment revenues. (2) Primarily represents non-operating depreciation and amortization expenses generated as a result of the Merger and certain non-recurring fees and expenses.
Reconciliation of Income from Operations to Consolidated Net Income (Loss)	The reconciliation of income from operations to consolidated net income (loss) is as follows: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As Restated) Segment income from operations Merchant Acquiring $ 36,466 $ 34,362 $ 35,398 Payment Processing 55,429 58,796 54,635 Business Solutions 50,200 48,299 42,687 Total segment income from operations 142,095 141,457 132,720 Merger related depreciation and amortization and other unallocated expenses (1) (38,735 ) (44,470 ) (46,474 ) Income from operations 103,360 96,987 86,246 Interest expense, net (23,771 ) (25,444 ) (37,181 ) Earnings of equity method investment 147 1,140 935 Other income (expenses) 2,306 2,375 (75,682 ) Income tax benefit (expense) 3,335 (8,901 ) (1,435 ) Net income (loss) $ 85,377 $ 66,157 $ (27,117 ) (1) Primarily represents non-operating depreciation and amortization expenses generated as a result of the Merger and certain non-recurring fees and expenses.
Geographic Segment Information Based on Geographic Location of Subsidiaries	The geographic segment information below is classified based on the geographic location of the Company’s subsidiaries: Years ended December 31, (Dollar amounts in thousands) 2015 2014 2013 (As restated) Revenues (1) Puerto Rico $ 322,319 $ 313,228 $ 309,735 Caribbean 12,154 13,752 16,225 Latin America 39,055 34,808 32,442 Total revenues $ 373,528 $ 361,788 $ 358,402 (1) Revenues are based on subsidiaries’ country of domicile.

Quarterly Financial Informati50

Quarterly Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	As described in Note 1—“Restatement,” in lieu of filing quarterly reports on Form 10-Q for 2015, quarterly financial data for 2015 and 2014 (as restated) is included in this Annual Report in the tables that follow. For detailed information regarding the referenced adjustments, please refer to Note 1. March 31, 2015 As Restatement Other As Reference Assets Current Assets: Cash $ 32,430 $ — $ — $ 32,430 Restricted cash 6,924 — — 6,924 Accounts receivable, net 78,745 — (2,764 ) 75,981 14 Deferred tax asset 2,899 (1,298 ) (101 ) 1,500 a, 6 Prepaid expenses and other assets 21,659 (326 ) (853 ) 20,480 a, 4 Total current assets 142,657 (1,624 ) (3,718 ) 137,315 Investment in equity investee 11,903 — — 11,903 Property and equipment, net 28,080 — — 28,080 Goodwill 369,171 — — 369,171 Other intangible assets, net 323,941 — — 323,941 Other long-term assets 10,227 — — 10,227 Total assets $ 885,979 $ (1,624 ) $ (3,718 ) $ 880,637 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 27,650 $ — $ — $ 27,650 Accounts payable 19,396 — (2,764 ) 16,632 14 Unearned income 11,118 — (7,535 ) 3,583 1, 12 Income tax payable 712 — — 712 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 20,000 — — 20,000 Deferred tax liability 405 508 (913 ) — a, 6 Total current liabilities 98,281 508 (11,212 ) 87,577 Long-term debt 643,053 — — 643,053 Long-term deferred tax liability 19,708 2,983 — 22,691 a Unearned income—long-term — — 9,154 9,154 12 Other long-term liabilities 2,552 18,476 — 21,028 a Total liabilities 763,594 21,967 (2,058 ) 783,503 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 774 — — 774 Additional paid-in capital 50,403 — — 50,403 Accumulated earnings 76,841 (23,591 ) (1,660 ) 51,590 Accumulated other comprehensive loss, net of tax (5,633 ) — — (5,633 ) Total stockholders’ equity 122,385 (23,591 ) (1,660 ) 97,134 Total liabilities and stockholders’ equity $ 885,979 $ (1,624 ) $ (3,718 ) $ 880,637 June 30, 2015 As Restatement Other As Reference Assets Current Assets: Cash $ 38,837 $ — $ — $ 38,837 Restricted cash 6,262 — — 6,262 Accounts receivable, net 71,091 — (2,794 ) 68,297 14 Deferred tax asset 2,323 (481 ) (101 ) 1,741 a, 6 Prepaid expenses and other assets 21,678 (478 ) (774 ) 20,426 a, 4 Total current assets 140,191 (959 ) (3,669 ) 135,563 Investment in equity investee 12,251 — — 12,251 Property and equipment, net 31,627 — — 31,627 Goodwill 368,911 — — 368,911 Other intangible assets, net 317,431 — — 317,431 Other long-term assets 9,880 — — 9,880 Total assets $ 880,291 $ (959 ) $ (3,669 ) $ 875,663 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 29,275 $ — $ — $ 29,275 Accounts payable 19,133 — (2,376 ) 16,757 14, 15 Unearned income 11,734 — (8,507 ) 3,227 1, 12 Income tax payable 81 — — 81 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 4,000 — — 4,000 Deferred tax liability 111 802 (913 ) — a, 6 Total current liabilities 83,334 802 (11,796 ) 72,340 Long-term debt 638,530 — — 638,530 Long-term deferred tax liability 19,255 2,765 — 22,020 a Unearned income—long-term — — 9,960 9,960 1, 12 Other long-term liabilities 2,856 19,591 — 22,447 a Total liabilities 743,975 23,158 (1,836 ) 765,297 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 775 — — 775 Additional paid-in capital 51,914 — — 51,914 Accumulated earnings 89,347 (24,117 ) (1,833 ) 63,397 Accumulated other comprehensive loss, net of tax (5,720 ) — — (5,720 ) Total stockholders’ equity 136,316 (24,117 ) (1,833 ) 110,366 Total liabilities and stockholders’ equity $ 880,291 $ (959 ) $ (3,669 ) $ 875,663 September 30, 2015 As Restatement Other As Reference Assets Current Assets: Cash $ 40,401 $ — $ — $ 40,401 Restricted cash 13,547 — — 13,547 Accounts receivable, net 68,429 — (2,416 ) 66,013 14 Deferred tax asset 6,921 (5,219 ) (101 ) 1,601 a, 6 Prepaid expenses and other assets 20,736 (1,020 ) (758 ) 18,958 a, 4 Total current assets 150,034 (6,239 ) (3,275 ) 140,520 Investment in equity investee 12,281 — — 12,281 Property and equipment, net 33,281 — — 33,281 Goodwill 368,543 — — 368,543 Other intangible assets, net 309,680 — — 309,680 Other long-term assets 9,078 — — 9,078 Total assets $ 882,897 $ (6,239 ) $ (3,275 ) $ 873,383 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 32,917 $ — $ (282 ) $ 32,635 16 Accounts payable 22,417 — (2,416 ) 20,001 14, 15 Unearned income 11,683 — (8,799 ) 2,884 1, 12 Income tax payable 62 — — 62 Current portion of long-term debt 20,875 — — 20,875 Short-term borrowings 18,000 — — 18,000 Total current liabilities 105,954 — (11,497 ) 94,457 Long-term debt 632,137 — — 632,137 Long-term deferred tax liability 23,858 (1,514 ) (913 ) 21,431 a, 6 Unearned income—long-term — — 10,088 10,088 1, 12 Other long-term liabilities 2,695 8,360 — 11,055 a Total liabilities 764,644 6,846 (2,322 ) 769,168 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 762 — — 762 Additional paid-in capital 28,502 — — 28,502 Accumulated earnings 95,038 (13,085 ) (953 ) 81,000 Accumulated other comprehensive loss, net of tax (6,049 ) — — (6,049 ) Total stockholders’ equity 118,253 (13,085 ) (953 ) 104,215 Total liabilities and stockholders’ equity $ 882,897 $ (6,239 ) $ (3,275 ) $ 873,383 Three month period ended March 31, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 20,091 $ — $ — $ 20,091 Payment Processing 26,377 — — 26,377 Business Solutions 44,864 — 165 45,029 1 Total revenues 91,332 — 165 91,497 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 39,795 — 155 39,950 3, 4 Selling, general and administrative expenses 7,703 — — 7,703 Depreciation and amortization 16,828 — — 16,828 Total operating costs and expenses 64,326 — 155 64,481 Income from operations 27,006 — 10 27,016 Non-operating income (expenses) Interest income 104 — — 104 Interest expense (6,201 ) — — (6,201 ) Earnings of equity method investment 115 — — 115 Other income 285 — — 285 Total non-operating expenses (5,697 ) — — (5,697 ) Income before income taxes 21,309 — 10 21,319 Income tax expense 2,246 529 — 2,775 a Net income 19,063 (529 ) 10 18,544 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 889 — — 889 Total comprehensive income $ 19,952 $ (529 ) $ 10 $ 19,433 Net income per common share—basic $ 0.25 $ (0.01 ) $ — $ 0.24 Net income per common share—diluted $ 0.24 $ — $ — $ 0.24 Three month period ended June 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 21,165 $ — $ — $ 21,165 Payment Processing 26,759 — — 26,759 Business Solutions 45,317 — 164 45,481 1 Total revenues 93,241 — 164 93,405 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 40,665 — 339 41,004 4, 15 Selling, general and administrative expenses 8,948 — — 8,948 Depreciation and amortization 16,006 — — 16,006 Total operating costs and expenses 65,619 — 339 65,958 Income from operations 27,622 — (175 ) 27,447 Non-operating income (expenses) Interest income 127 — — 127 Interest expense (6,210 ) — — (6,210 ) Earnings of equity method investment 84 — — 84 Other income 764 — — 764 Total non-operating expenses (5,235 ) — — (5,235 ) Income before income taxes 22,387 — (175 ) 22,212 Income tax expense 2,120 525 — 2,645 a Net income 20,267 (525 ) (175 ) 19,567 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (87 ) — — (87 ) Total comprehensive income $ 20,180 $ (525 ) $ (175 ) $ 19,480 Net income per common share—basic $ 0.26 $ (0.01 ) $ — $ 0.25 Net income per common share—diluted $ 0.26 $ (0.01 ) $ — $ 0.25 Six month period ended June 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 41,256 $ — $ — $ 41,256 Payment Processing 53,136 — — 53,136 Business Solutions 90,181 — 329 90,510 1 Total revenues 184,573 — 329 184,902 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 80,460 — 494 80,954 3, 4, 15 Selling, general and administrative expenses 16,651 — — 16,651 Depreciation and amortization 32,834 — — 32,834 Total operating costs and expenses 129,945 — 494 130,439 Income from operations 54,628 — (165 ) 54,463 Non-operating income (expenses) Interest income 231 — — 231 Interest expense (12,411 ) — — (12,411 ) Earnings of equity method investment 199 — — 199 Other income 1,049 — — 1,049 Total non-operating expenses (10,932 ) — — (10,932 ) Income before income taxes 43,696 — (165 ) 43,531 Income tax expense 4,366 1,054 — 5,420 a Net income 39,330 (1,054 ) (165 ) 38,111 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 802 — — 802 Total comprehensive income $ 40,132 $ (1,054 ) $ (165 ) $ 38,913 Net income per common share—basic $ 0.51 $ (0.02 ) $ — $ 0.49 Net income per common share—diluted $ 0.51 $ (0.02 ) $ — $ 0.49 Three month period ended September 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 20,784 $ — $ — $ 20,784 Payment Processing 27,502 — — 27,502 Business Solutions 44,492 — 163 44,655 1 Total revenues 92,778 — 163 92,941 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 44,821 — (680 ) 44,141 4,15,16 Selling, general and administrative expenses 10,428 — (36 ) 10,392 16 Depreciation and amortization 16,934 — — 16,934 Total operating costs and expenses 72,183 — (716 ) 71,467 Income from operations 20,595 — 879 21,474 Non-operating income (expenses) Interest income 140 — — 140 Interest expense (6,003 ) — — (6,003 ) Earnings of equity method investment (3 ) — — (3 ) Other income 381 — — 381 Total non-operating expenses (5,485 ) — — (5,485 ) Income before income taxes 15,110 — 879 15,989 Income tax expense 1,687 (11,034 ) — (9,347 ) a Net income 13,423 11,034 879 25,336 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 84 — — 84 Total comprehensive income $ 13,507 $ 11,034 $ 879 $ 25,420 Net income per common share—basic $ 0.17 $ 0.15 $ 0.01 $ 0.33 Net income per common share—diluted $ 0.17 $ 0.15 $ 0.01 $ 0.33 Nine month period ended September 30, 2015 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 62,041 $ — $ — $ 62,041 Payment Processing 80,638 — — 80,638 Business Solutions 134,672 — 493 135,165 1 Total revenues 277,351 — 493 277,844 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 125,280 — (185 ) 125,095 3, 4, 15, 16 Selling, general and administrative expenses 27,079 — (36 ) 27,043 16 Depreciation and amortization 49,767 — — 49,767 Total operating costs and expenses 202,126 — (221 ) 201,905 Income from operations 75,225 — 714 75,939 Non-operating income (expenses) Interest income 371 — — 371 Interest expense (18,414 ) — — (18,414 ) Earnings of equity method investment 196 — — 196 Other income 1,430 — — 1,430 Total non-operating expenses (16,417 ) — — (16,417 ) Income before income taxes 58,808 — 714 59,522 Income tax expense 6,053 (9,979 ) — (3,926 ) a Net income 52,755 9,979 714 63,448 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 473 — — 473 Total comprehensive income $ 53,228 $ 9,979 $ 714 $ 63,921 Net income per common share—basic $ 0.68 $ 0.13 $ 0.01 $ 0.82 Net income per common share—diluted $ 0.68 $ 0.13 $ 0.01 $ 0.82 March 31, 2014 As Restatement Other As Reference Assets Current Assets: Cash $ 27,242 $ — $ — $ 27,242 Restricted cash 5,247 — (500 ) 4,747 8 Accounts receivable, net 68,403 — (2,030 ) 66,373 5, 14 Deferred tax asset 3,823 (78 ) — 3,745 a Prepaid expenses and other assets 18,919 831 (182 ) 19,568 a, 4 Total current assets 123,634 753 (2,712 ) 121,675 Investment in equity investee 10,895 — — 10,895 Property and equipment, net 30,494 — — 30,494 Goodwill 369,101 — — 369,101 Other intangible assets, net 355,801 — — 355,801 Other long-term assets 15,958 — 500 16,458 8 Total assets $ 905,883 $ 753 $ (2,212 ) $ 904,424 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 28,057 $ — $ — $ 28,057 Accounts payable 12,107 — (2,490 ) 9,617 14 Unearned income 7,213 — (4,309 ) 2,904 1,12 Income tax payable 1,762 — — 1,762 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 40,600 — — 40,600 Deferred tax liability 356 (356 ) — — a Total current liabilities 109,095 (356 ) (6,799 ) 101,940 Long-term debt 661,153 — — 661,153 Long-term deferred tax liability 20,767 6,780 — 27,547 a Unearned income—long-term — — 6,586 6,586 1, 12 Other long-term liabilities 301 15,495 — 15,796 a Total liabilities 791,316 21,919 (213 ) 813,022 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 784 — — 784 Additional paid-in capital 81,332 — 1,421 82,753 15 Accumulated earnings 39,770 (21,166 ) (3,420 ) 15,184 Accumulated other comprehensive loss, net of tax (7,319 ) — — (7,319 ) Total stockholders’ equity 114,567 (21,166 ) (1,999 ) 91,402 Total liabilities and stockholders’ equity $ 905,883 $ 753 $ (2,212 ) $ 904,424 June 30, 2014 As Restatement Other As Reference Assets Current Assets: Cash $ 27,831 $ — $ — $ 27,831 Restricted cash 5,195 — (500 ) 4,695 8 Accounts receivable, net 71,479 — (2,441 ) 69,038 5, 14 Deferred tax asset 2,812 125 — 2,937 a Prepaid expenses and other assets 21,846 84 (214 ) 21,716 a, 4 Total current assets 129,163 209 (3,155 ) 126,217 Investment in equity investee 11,287 — — 11,287 Property and equipment, net 29,371 — — 29,371 Goodwill 369,203 — — 369,203 Other intangible assets, net 347,114 — — 347,114 Other long-term assets 13,745 — 500 14,245 8 Total assets $ 899,883 $ 209 $ (2,655 ) $ 897,437 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 29,159 $ — $ — $ 29,159 Accounts payable 14,256 — (2,903 ) 11,353 14 Unearned income 8,498 — (5,508 ) 2,990 1, 12 Income tax payable 1,801 — — 1,801 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 23,000 — — 23,000 Deferred tax liability 461 (461 ) — — a Total current liabilities 96,175 (461 ) (8,411 ) 87,303 Long-term debt 656,626 — — 656,626 Long-term deferred tax liability 20,702 6,062 — 26,764 a Unearned income—long-term — — 7,620 7,620 1, 12 Other long-term liabilities 251 16,208 — 16,459 a Total liabilities 773,754 21,809 (791 ) 794,772 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 786 — — 786 Additional paid-in capital 82,167 — 1,422 83,589 15 Accumulated earnings 49,701 (21,600 ) (3,286 ) 24,815 Accumulated other comprehensive loss, net of tax (6,525 ) — — (6,525 ) Total stockholders’ equity 126,129 (21,600 ) (1,864 ) 102,665 Total liabilities and stockholders’ equity $ 899,883 $ 209 $ (2,655 ) $ 897,437 September 30, 2014 As Restatement Other As Reference Assets Current Assets: Cash $ 29,226 $ — $ — $ 29,226 Restricted cash 6,126 — (500 ) 5,626 8 Accounts receivable, net 68,969 — (2,419 ) 66,550 14 Deferred tax asset 3,378 (856 ) — 2,522 a Prepaid expenses and other assets 21,880 1,260 (379 ) 22,761 a, 4 Total current assets 129,579 404 (3,298 ) 126,685 Investment in equity investee 11,492 — — 11,492 Property and equipment, net 29,482 — — 29,482 Goodwill 369,304 — — 369,304 Other intangible assets, net 338,248 — 303 338,551 3 Other long-term assets 12,335 — 500 12,835 8 Total assets $ 890,440 $ 404 $ (2,495 ) $ 888,349 Liabilities and stockholders’ equity Current Liabilities: Accrued liabilities $ 26,023 $ — $ — $ 26,023 Accounts payable 14,748 — (2,420 ) 12,328 14 Unearned income 8,866 — (6,212 ) 2,654 1, 12 Income tax payable 1,945 — — 1,945 Current portion of long-term debt 19,000 — — 19,000 Short-term borrowings 8,000 — — 8,000 Deferred tax liability 350 (350 ) — — a Total current liabilities 78,932 (350 ) (8,632 ) 69,950 Long-term debt 652,102 — — 652,102 Long-term deferred tax liability 20,308 5,151 — 25,459 a Unearned income—long-term — — 8,160 8,160 1, 12 Other long-term liabilities 238 17,279 — 17,517 a Total liabilities 751,580 22,080 (472 ) 773,188 Commitments and contingencies Stockholders’ equity Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued — — — — Common stock, par value $0.01; 206,000,000 shares authorized 787 — — 787 Additional paid-in capital 83,296 — 1,421 84,717 15 Accumulated earnings 60,924 (21,676 ) (3,444 ) 35,804 Accumulated other comprehensive loss, net of tax (6,147 ) — — (6,147 ) Total stockholders’ equity 138,860 (21,676 ) (2,023 ) 115,161 Total liabilities and stockholders’ equity $ 890,440 $ 404 $ (2,495 ) $ 888,349 Three month period ended March 31, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 19,291 $ — $ — $ 19,291 Payment Processing 25,225 — — 25,225 Business Solutions 42,917 — 165 43,082 1 Total revenues 87,433 — 165 87,598 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 37,868 — 42 37,910 4, 5 Selling, general and administrative expenses 8,062 — 1,421 9,483 15 Depreciation and amortization 16,614 — — 16,614 Total operating costs and expenses 62,544 — 1,463 64,007 Income from operations 24,889 — (1,298 ) 23,591 Non-operating income (expenses) Interest income 75 — — 75 Interest expense (6,909 ) — 309 (6,600 ) 2 Earnings of equity method investment 321 — — 321 Other income 1,991 — — 1,991 Total non-operating expenses (4,522 ) — 309 (4,213 ) Income before income taxes 20,367 — (989 ) 19,378 Income tax expense 2,161 239 — 2,400 a Net income 18,206 (239 ) (989 ) 16,978 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (7,745 ) — — (7,745 ) Total comprehensive income $ 10,461 $ (239 ) $ (989 ) $ 9,233 Net income per common share—basic $ 0.23 $ — $ (0.01 ) $ 0.22 Net income per common share—diluted $ 0.23 $ — $ (0.02 ) $ 0.21 Three month period ended June 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 19,827 $ — $ — $ 19,827 Payment Processing 26,618 — — 26,618 Business Solutions 44,888 — 164 45,052 1 Total revenues 91,333 — 164 91,497 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 39,051 — 31 39,082 4, 5 Selling, general and administrative expenses 10,463 — — 10,463 Depreciation and amortization 16,390 — — 16,390 Total operating costs and expenses 65,904 — 31 65,935 Income from operations 25,429 — 133 25,562 Non-operating income (expenses) Interest income 79 — — 79 Interest expense (6,501 ) — — (6,501 ) Earnings of equity method investment 343 — — 343 Other income 385 — 385 Total non-operating expenses (5,694 ) — — (5,694 ) Income before income taxes 19,735 — 133 19,868 Income tax expense 1,962 433 — 2,395 a Net income 17,773 (433 ) 133 17,473 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 794 — — 794 Total comprehensive income $ 18,567 $ (433 ) $ 133 $ 18,267 Net income per common share—basic $ 0.23 $ (0.01 ) $ — $ 0.22 Net income per common share—diluted $ 0.22 $ — $ — $ 0.22 Six month period ended June 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 39,118 $ — $ — $ 39,118 Payment Processing 51,843 — — 51,843 Business Solutions 87,805 — 329 88,134 1 Total revenues 178,766 — 329 179,095 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 76,919 — 73 76,992 4, 5 Selling, general and administrative expenses 18,525 — 1,422 19,947 15 Depreciation and amortization 33,004 — — 33,004 Total operating costs and expenses 128,448 — 1,495 129,943 Income from operations 50,318 — (1,166 ) 49,152 Non-operating income (expenses) Interest income 154 — — 154 Interest expense (13,410 ) — 308 (13,102 ) 2 Earnings of equity method investment 664 — — 664 Other income 2,376 — — 2,376 Total non-operating expenses (10,216 ) — 308 (9,908 ) Income before income taxes 40,102 — (858 ) 39,244 Income tax expense 4,123 672 — 4,795 a Net income 35,979 (672 ) (858 ) 34,449 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (6,951 ) — — (6,951 ) Total comprehensive income $ 29,028 $ (672 ) $ (858 ) $ 27,498 Net income per common share—basic $ 0.46 $ (0.01 ) $ (0.01 ) $ 0.44 Net income per common share—diluted $ 0.45 $ (0.01 ) $ (0.01 ) $ 0.43 Three month period ended September 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 19,227 $ — $ — $ 19,227 Payment Processing 25,848 — — 25,848 Business Solutions 43,804 — 165 43,969 1 Total revenues 88,879 — 165 89,044 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 38,862 — 324 39,186 3, 4, 5 Selling, general and administrative expenses 7,104 — — 7,104 Depreciation and amortization 16,453 — — 16,453 Total operating costs and expenses 62,419 — 324 62,743 Income from operations 26,460 — (159 ) 26,301 Non-operating income (expenses) Interest income 91 — — 91 Interest expense (6,370 ) — — (6,370 ) Earnings of equity method investment 241 — — 241 Other income (249 ) — — (249 ) Total non-operating expenses (6,287 ) — — (6,287 ) Income before income taxes 20,173 — (159 ) 20,014 Income tax expense 1,082 77 — 1,159 a Net income 19,091 (77 ) (159 ) 18,855 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments 378 — — 378 Total comprehensive income $ 19,469 $ (77 ) $ (159 ) $ 19,233 Net income per common share—basic $ 0.24 $ — $ — $ 0.24 Net income per common share—diluted $ 0.24 $ — $ — $ 0.24 Nine month period ended September 30, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 58,345 $ — $ — $ 58,345 Payment Processing 77,691 — — 77,691 Business Solutions 131,609 — 494 132,103 1 Total revenues 267,645 — 494 268,139 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 115,781 — 397 116,178 3, 4, 5 Selling, general and administrative expenses 25,629 — 1,421 27,050 15 Depreciation and amortization 49,457 — — 49,457 Total operating costs and expenses 190,867 — 1,818 192,685 Income from operations 76,778 — (1,324 ) 75,454 Non-operating income (expenses) Interest income 245 — — 245 Interest expense (19,780 ) — 308 (19,472 ) 2 Earnings of equity method investment 905 — — 905 Other income 2,127 — — 2,127 Total non-operating expenses (16,503 ) — 308 (16,195 ) Income before income taxes 60,275 — (1,016 ) 59,259 Income tax expense 5,205 748 — 5,953 a Net income 55,070 (748 ) (1,016 ) 53,306 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (6,573 ) — — (6,573 ) Total comprehensive income $ 48,497 $ (748 ) $ (1,016 ) $ 46,733 Net income per common share—basic $ 0.70 $ — $ (0.02 ) $ 0.68 Net income per common share—diluted $ 0.70 $ (0.01 ) $ (0.02 ) $ 0.67 Three month period ended December 31, 2014 As Restatement Other As Reference Revenues Merchant Acquiring, net $ 20,791 $ — $ — $ 20,791 Payment Processing 27,732 — (710 ) 27,022 11 Business Solutions 44,961 — 875 45,836 1, 11 Total revenues 93,484 — 165 93,649 Operating costs and expenses Cost of revenues, exclusive of depreciation and amortization shown below 40,736 — 623 41,359 3, 4 Selling, general and administrative expenses 15,647 — (1,421 ) 14,226 15 Depreciation and amortization 16,531 — — 16,531 Total operating costs and expenses 72,914 — (798 ) 72,116 Income from operations 20,570 — 963 21,533 Non-operating income (expenses) Interest income 83 — — 83 Interest expense (6,301 ) — — (6,301 ) Earnings of equity method investment 235 — — 235 Other income 248 — — 248 Total non-operating expenses (5,735 ) — — (5,735 ) Income before income taxes 14,835 — 963 15,798 Income tax expense 2,373 1,387 (812 ) 2,948 a, 6 Net income 12,462 (1,387 ) 1,775 12,850 Other comprehensive (loss) income, net of tax Foreign currency translation adjustments (6,573 ) — — (6,573 ) Total comprehensive income $ 5,889 $ (1,387 ) $ 1,775 $ 6,277 Net income per common share—basic $ 0.16 $ (0.02 ) $ 0.02 $ 0.16 Net income per common share—diluted $ 0.16 $ (0.02 ) $ 0.02 $ 0.16

Restatement of Previously Iss51

Restatement of Previously Issued Consolidated Financial Statements - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010	Sep. 30, 2010
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax benefit		$ (3,335)	$ 8,901	$ 1,435
Decrease in accumulated earnings					$ 20,900
Increase in net operating loss and corresponding deferred tax asset						$ 14,300
Merger, percentage of interests acquired							51.00%
Reversal of Debt Issuance Cost [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax benefit	$ (11,800)

Restatement of Previously Iss52

Restatement of Previously Issued Consolidated Financial Statements - Cumulative Restatement Adjustments Recorded on Accumulated Earnings (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2012
Retained Earnings Adjustments [Line Items]
Accumulated earnings	$ 95,328				$ 40,843
As Previously Reported [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings		$ 95,038	$ 89,347	$ 76,841	65,576	$ 60,924	$ 49,701	$ 39,770
As Previously Reported [Member] | Accumulated Earnings [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings									$ 70,414
Other Insignificant Corrective Adjustments [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings		(13,085)	(24,117)	(23,591)	(23,061)	(21,676)	(21,600)	(21,166)
Other Insignificant Corrective Adjustments [Member] | Accumulated Earnings [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings									(17,503)
Other Insignificant Corrective Adjustments [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings		(953)	(1,833)	(1,660)	(1,672)	(3,444)	(3,286)	(3,420)
Other Insignificant Corrective Adjustments [Member] | Accumulated Earnings [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings									(3,359)
As Restated [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings		$ 81,000	$ 63,397	$ 51,590	$ 40,843	$ 35,804	$ 24,815	$ 15,184
As Restated [Member] | Accumulated Earnings [Member]
Retained Earnings Adjustments [Line Items]
Accumulated earnings									$ 49,552

Restatement of Previously Iss53

Restatement of Previously Issued Consolidated Financial Statements - Impact of Restatement Adjustments and Correcting Classification Adjustments on Consolidated Statements of Income (Loss) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Merchant Acquiring, net												$ 85,411	$ 79,136	$ 73,616
Payment Processing												108,320	104,713	100,104
Business Solutions												179,797	177,939	184,682
Total revenues												373,528	361,788	358,402
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below												167,916	157,537	162,980
Selling, general and administrative expenses												37,278	41,276	38,810
Depreciation and amortization												64,974	65,988	70,366
Total operating costs and expenses												270,168	264,801	272,156
Income from operations												103,360	96,987	86,246
Non-operating income (expenses)
Interest income												495	328	236
Interest expense												(24,266)	(25,772)	(37,417)
Earnings of equity method investment												147	1,140	935
Other expenses												2,306	2,375	(500)
Total non-operating expenses												(21,318)	(21,929)	(111,928)
Income before income taxes												82,042	75,058	(25,682)
Income tax (benefit) expense												(3,335)	8,901	1,435
Net income (loss)												85,377	66,157	(27,117)
Other comprehensive (loss) income, net of tax Foreign currency translation adjustments												(545)	(6,948)	1,268
Total comprehensive income (loss)												$ 84,317	$ 59,209	$ (25,849)
Net income (loss) per common share-basic												$ 1.11	$ 0.84	$ (0.34)
Net income (loss) per common share-diluted												$ 1.11	$ 0.84	$ (0.34)
As Previously Reported [Member]
Revenues
Merchant Acquiring, net	$ 20,784	$ 21,165	$ 20,091	$ 20,791	$ 19,227	$ 19,827	$ 19,291	$ 41,256	$ 39,118	$ 62,041	$ 58,345		$ 79,136	$ 73,616
Payment Processing	27,502	26,759	26,377	27,732	25,848	26,618	25,225	53,136	51,843	80,638	77,691		105,423	100,104
Business Solutions	44,492	45,317	44,864	44,961	43,804	44,888	42,917	90,181	87,805	134,672	131,609		176,570	184,297
Total revenues	92,778	93,241	91,332	93,484	88,879	91,333	87,433	184,573	178,766	277,351	267,645		361,129	358,017
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	44,821	40,665	39,795	40,736	38,862	39,051	37,868	80,460	76,919	125,280	115,781		156,517	163,080
Selling, general and administrative expenses	10,428	8,948	7,703	15,647	7,104	10,463	8,062	16,651	18,525	27,079	25,629		41,276	38,810
Depreciation and amortization	16,934	16,006	16,828	16,531	16,453	16,390	16,614	32,834	33,004	49,767	49,457		65,988	70,366
Total operating costs and expenses	72,183	65,619	64,326	72,914	62,419	65,904	62,544	129,945	128,448	202,126	190,867		263,781	272,256
Income from operations	20,595	27,622	27,006	20,570	26,460	25,429	24,889	54,628	50,318	75,225	76,778		97,348	85,761
Non-operating income (expenses)
Interest income	140	127	104	83	91	79	75	231	154	371	245		328	236
Interest expense	(6,003)	(6,210)	(6,201)	(6,301)	(6,370)	(6,501)	(6,909)	(12,411)	(13,410)	(18,414)	(19,780)		(26,081)	(37,861)
Earnings of equity method investment	(3)	84	115	235	241	343	321	199	664	196	905		1,140	935
Other expenses	381	764	285	248	(249)	385	1,991	1,049	2,376	1,430	2,127		2,375	(75,682)
Total non-operating expenses	(5,485)	(5,235)	(5,697)	(5,735)	(6,287)	(5,694)	(4,522)	(10,932)	(10,216)	(16,417)	(16,503)		(22,238)	(112,372)
Income before income taxes	15,110	22,387	21,309	14,835	20,173	19,735	20,367	43,696	40,102	58,808	60,275		75,110	(26,611)
Income tax (benefit) expense	1,687	2,120	2,246	2,373	1,082	1,962	2,161	4,366	4,123	6,053	5,205		7,578	(1,990)
Net income (loss)	13,423	20,267	19,063	12,462	19,091	17,773	18,206	39,330	35,979	52,755	55,070		67,532	(24,621)
Other comprehensive (loss) income, net of tax Foreign currency translation adjustments	84	(87)	889	(6,573)	378	794	(7,745)	802	(6,951)	473	(6,573)		(6,948)	1,268
Total comprehensive income (loss)	$ 13,507	$ 20,180	$ 19,952	$ 5,889	$ 19,469	$ 18,567	$ 10,461	$ 40,132	$ 29,028	$ 53,228	$ 48,497		$ 60,584	$ (23,353)
Net income (loss) per common share-basic	$ 0.17	$ 0.26	$ 0.25	$ 0.16	$ 0.24	$ 0.23	$ 0.23	$ 0.51	$ 0.46	$ 0.68	$ 0.70		$ 0.86	$ (0.31)
Net income (loss) per common share-diluted	$ 0.17	$ 0.26	$ 0.24	$ 0.16	$ 0.24	$ 0.22	$ 0.23	$ 0.51	$ 0.45	$ 0.68	$ 0.70		$ 0.86	$ (0.31)
Other Insignificant Corrective Adjustments [Member]
Non-operating income (expenses)
Income tax (benefit) expense	$ (11,034)	$ 525	$ 529	$ 1,387	$ 77	$ 433	$ 239	$ 1,054	$ 672	$ (9,979)	$ 748		$ 2,135	$ 3,425
Net income (loss)	11,034	(525)	(529)	(1,387)	(77)	(433)	(239)	(1,054)	(672)	9,979	(748)		(2,135)	(3,425)
Total comprehensive income (loss)	$ 11,034	$ (525)	$ (529)	$ (1,387)	(77)	$ (433)	(239)	$ (1,054)	$ (672)	$ 9,979	$ (748)		$ (2,135)	$ (3,425)
Net income (loss) per common share-basic	$ 0.15	$ (0.01)	$ (0.01)	$ (0.02)		$ (0.01)		$ (0.02)	$ (0.01)	$ 0.13			$ (0.02)	$ (0.03)
Net income (loss) per common share-diluted	$ 0.15	$ (0.01)		$ (0.02)				$ (0.02)	$ (0.01)	$ 0.13	$ (0.01)		$ (0.02)	$ (0.03)
Other Insignificant Corrective Adjustments [Member]
Revenues
Payment Processing				$ (710)									$ (710)
Business Solutions	$ 163	$ 164	$ 165	875	165	$ 164	165	$ 329	$ 329	$ 493	$ 494		1,369	$ 385
Total revenues	163	164	165	165	165	164	165	329	329	493	494		659	385
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	(680)	339	155	623	324	31	42	494	73	(185)	397		1,020	(100)
Selling, general and administrative expenses	(36)			(1,421)			1,421		1,422	(36)	1,421
Total operating costs and expenses	(716)	339	155	(798)	324	31	1,463	494	1,495	(221)	1,818		1,020	(100)
Income from operations	879	(175)	10	963	(159)	133	(1,298)	(165)	(1,166)	714	(1,324)		(361)	485
Non-operating income (expenses)
Interest expense							309		308		308		309	444
Total non-operating expenses							309		308		308		309	444
Income before income taxes	879	(175)	10	963	(159)	133	(989)	(165)	(858)	714	(1,016)		(52)	929
Income tax (benefit) expense				(812)									(812)
Net income (loss)	879	(175)	10	1,775	(159)	133	(989)	(165)	(858)	714	(1,016)		760	929
Total comprehensive income (loss)	$ 879	(175)	10	$ 1,775	(159)	133	$ (989)	(165)	$ (858)	$ 714	$ (1,016)		760	929
Net income (loss) per common share-basic	$ 0.01			$ 0.02			$ (0.01)		$ (0.01)	$ 0.01	$ (0.02)
Net income (loss) per common share-diluted	$ 0.01			$ 0.02			$ (0.02)		$ (0.01)	$ 0.01	$ (0.02)
As Restated [Member]
Revenues
Merchant Acquiring, net	$ 20,784	21,165	20,091	$ 20,791	19,227	19,827	$ 19,291	41,256	$ 39,118	$ 62,041	$ 58,345		79,136	73,616
Payment Processing	27,502	26,759	26,377	27,022	25,848	26,618	25,225	53,136	51,843	80,638	77,691		104,713	100,104
Business Solutions	44,655	45,481	45,029	45,836	43,969	45,052	43,082	90,510	88,134	135,165	132,103		177,939	184,682
Total revenues	92,941	93,405	91,497	93,649	89,044	91,497	87,598	184,902	179,095	277,844	268,139		361,788	358,402
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	44,141	41,004	39,950	41,359	39,186	39,082	37,910	80,954	76,992	125,095	116,178		157,537	162,980
Selling, general and administrative expenses	10,392	8,948	7,703	14,226	7,104	10,463	9,483	16,651	19,947	27,043	27,050		41,276	38,810
Depreciation and amortization	16,934	16,006	16,828	16,531	16,453	16,390	16,614	32,834	33,004	49,767	49,457		65,988	70,366
Total operating costs and expenses	71,467	65,958	64,481	72,116	62,743	65,935	64,007	130,439	129,943	201,905	192,685		264,801	272,156
Income from operations	21,474	27,447	27,016	21,533	26,301	25,562	23,591	54,463	49,152	75,939	75,454		96,987	86,246
Non-operating income (expenses)
Interest income	140	127	104	83	91	79	75	231	154	371	245		328	236
Interest expense	(6,003)	(6,210)	(6,201)	(6,301)	(6,370)	(6,501)	(6,600)	(12,411)	(13,102)	(18,414)	(19,472)		(25,772)	(37,417)
Earnings of equity method investment	(3)	84	115	235	241	343	321	199	664	196	905		1,140	935
Other expenses	381	764	285	248	(249)	385	1,991	1,049	2,376	1,430	2,127		2,375	(75,682)
Total non-operating expenses	(5,485)	(5,235)	(5,697)	(5,735)	(6,287)	(5,694)	(4,213)	(10,932)	(9,908)	(16,417)	(16,195)		(21,929)	(111,928)
Income before income taxes	15,989	22,212	21,319	15,798	20,014	19,868	19,378	43,531	39,244	59,522	59,259		75,058	(25,682)
Income tax (benefit) expense	(9,347)	2,645	2,775	2,948	1,159	2,395	2,400	5,420	4,795	(3,926)	5,953		8,901	1,435
Net income (loss)	25,336	19,567	18,544	12,850	18,855	17,473	16,978	38,111	34,449	63,448	53,306		66,157	(27,117)
Other comprehensive (loss) income, net of tax Foreign currency translation adjustments	84	(87)	889	(6,573)	378	794	(7,745)	802	(6,951)	473	(6,573)		(6,948)	1,268
Total comprehensive income (loss)	$ 25,420	$ 19,480	$ 19,433	$ 6,277	$ 19,233	$ 18,267	$ 9,233	$ 38,913	$ 27,498	$ 63,921	$ 46,733		$ 59,209	$ (25,849)
Net income (loss) per common share-basic	$ 0.33	$ 0.25	$ 0.24	$ 0.16	$ 0.24	$ 0.22	$ 0.22	$ 0.49	$ 0.44	$ 0.82	$ 0.68		$ 0.84	$ (0.34)
Net income (loss) per common share-diluted	$ 0.33	$ 0.25	$ 0.24	$ 0.16	$ 0.24	$ 0.22	$ 0.21	$ 0.49	$ 0.43	$ 0.82	$ 0.67		$ 0.84	$ (0.34)

Restatement of Previously Iss54

Restatement of Previously Issued Consolidated Financial Statements - Impact of Restatement Adjustments and Correcting Classifications Adjustments on Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current Assets:
Cash	$ 28,747				$ 32,114				$ 22,275	$ 25,634
Restricted cash	11,818				5,218
Accounts receivable, net	73,715				70,684
Deferred tax asset	1,685				1,053
Prepaid expenses and other assets	18,758				20,078
Total current assets	134,723				129,147
Investment in equity investee	12,264				11,756
Property and equipment, net	34,128				29,535
Goodwill	368,133				368,837				373,119	372,307
Other intangible assets, net	312,059				334,628
Other long-term assets	8,795				11,418
Total assets	870,102				885,321
Current Liabilities:
Accrued liabilities	37,308				26,052
Accounts payable	21,216				17,753
Unearned income	2,877				3,296
Income tax payable	1,350				1,956
Current portion of long-term debt	22,750				19,000
Short-term borrowings	17,000				23,000
Total current liabilities	102,501				91,057
Long-term debt	625,745				647,579
Long-term deferred tax liability, net	20,614				23,072
Unearned income-long-term	10,939				8,312
Other long-term liabilities	12,089				20,461
Total liabilities	$ 771,888				$ 790,481
Commitments and contingencies
Stockholders' equity
Preferred stock
Common Stock	$ 750				$ 779
Additional paid-in capital	9,718				59,740
Accumulated earnings	95,328				40,843
Accumulated other comprehensive loss, net of tax	(7,582)				(6,522)
Total stockholders' equity	98,214				94,840				87,972	101,593
Total liabilities and stockholders' equity	$ 870,102				885,321
As Previously Reported [Member]
Current Assets:
Cash		$ 40,401	$ 38,837	$ 32,430	32,114	$ 29,226	$ 27,831	$ 27,242	22,485	25,634
Restricted cash		13,547	6,262	6,924	5,718	6,126	5,195	5,247
Accounts receivable, net		68,429	71,091	78,745	75,810	68,969	71,479	68,403
Deferred tax asset		6,921	2,323	2,899	399	3,378	2,812	3,823
Prepaid expenses and other assets		20,736	21,678	21,659	20,565	21,880	21,846	18,919
Total current assets		150,034	140,191	142,657	134,606	129,579	129,163	123,634
Investment in equity investee		12,281	12,251	11,903	11,756	11,492	11,287	10,895
Property and equipment, net		33,281	31,627	28,080	29,535	29,482	29,371	30,494
Goodwill		368,543	368,911	369,171	368,837	369,304	369,203	369,101
Other intangible assets, net		309,680	317,431	323,941	334,584	338,248	347,114	355,801
Other long-term assets		9,078	9,880	10,227	10,917	12,335	13,745	15,958
Total assets		882,897	880,291	885,979	890,235	890,440	899,883	905,883
Current Liabilities:
Accrued liabilities		32,917	29,275	27,650	26,052	26,023	29,159	28,057
Accounts payable		22,417	19,133	19,396	22,879	14,748	14,256	12,107
Unearned income		11,683	11,734	11,118	9,825	8,866	8,498	7,213
Income tax payable		62	81	712	1,956	1,945	1,801	1,762
Current portion of long-term debt		20,875	19,000	19,000	19,000	19,000	19,000	19,000
Short-term borrowings		18,000	4,000	20,000	23,000	8,000	23,000	40,600
Deferred tax liability			111	405	1,799	350	461	356
Total current liabilities		105,954	83,334	98,281	104,511	78,932	96,175	109,095
Long-term debt		632,137	638,530	643,053	647,579	652,102	656,626	661,153
Long-term deferred tax liability, net		23,858	19,255	19,708	15,674	20,308	20,702	20,767
Other long-term liabilities		2,695	2,856	2,552	2,898	238	251	301
Total liabilities		$ 764,644	$ 743,975	$ 763,594	$ 770,662	$ 751,580	$ 773,754	$ 791,316
Commitments and contingencies
Stockholders' equity
Preferred stock
Common Stock		$ 762	$ 775	$ 774	$ 779	$ 787	$ 786	$ 784
Additional paid-in capital		28,502	51,914	50,403	59,740	83,296	82,167	81,332
Accumulated earnings		95,038	89,347	76,841	65,576	60,924	49,701	39,770
Accumulated other comprehensive loss, net of tax		(6,049)	(5,720)	(5,633)	(6,522)	(6,147)	(6,525)	(7,319)
Total stockholders' equity		118,253	136,316	122,385	119,573	138,860	126,129	114,567
Total liabilities and stockholders' equity		882,897	880,291	885,979	890,235	890,440	899,883	905,883
Other Insignificant Corrective Adjustments [Member]
Current Assets:
Deferred tax asset		(5,219)	(481)	(1,298)	755	(856)	125	(78)
Prepaid expenses and other assets		(1,020)	(478)	(326)	259	1,260	84	831
Total current assets		(6,239)	(959)	(1,624)	1,014	404	209	753
Total assets		(6,239)	(959)	(1,624)	1,014	404	209	753
Current Liabilities:
Deferred tax liability			802	508	(886)	(350)	(461)	(356)
Total current liabilities			802	508	(886)	(350)	(461)	(356)
Long-term deferred tax liability, net		(1,514)	2,765	2,983	7,398	5,151	6,062	6,780
Other long-term liabilities		8,360	19,591	18,476	17,563	17,279	16,208	15,495
Total liabilities		$ 6,846	$ 23,158	$ 21,967	$ 24,075	$ 22,080	$ 21,809	$ 21,919
Commitments and contingencies
Stockholders' equity
Preferred stock
Accumulated earnings		$ (13,085)	$ (24,117)	$ (23,591)	$ (23,061)	$ (21,676)	$ (21,600)	$ (21,166)
Total stockholders' equity		(13,085)	(24,117)	(23,591)	(23,061)	(21,676)	(21,600)	(21,166)
Total liabilities and stockholders' equity		(6,239)	(959)	(1,624)	1,014	404	209	753
Other Insignificant Corrective Adjustments [Member]
Current Assets:
Cash									(210)
Restricted cash					(500)	(500)	(500)	(500)
Accounts receivable, net		(2,416)	(2,794)	(2,764)	(5,126)	(2,419)	(2,441)	(2,030)
Deferred tax asset		(101)	(101)	(101)	(101)
Prepaid expenses and other assets		(758)	(774)	(853)	(746)	(379)	(214)	(182)
Total current assets		(3,275)	(3,669)	(3,718)	(6,473)	(3,298)	(3,155)	(2,712)
Other intangible assets, net					44	303
Other long-term assets					501	500	500	500
Total assets		(3,275)	(3,669)	(3,718)	(5,928)	(2,495)	(2,655)	(2,212)
Current Liabilities:
Accrued liabilities		(282)
Accounts payable		(2,416)	(2,376)	(2,764)	(5,126)	(2,420)	(2,903)	(2,490)
Unearned income		(8,799)	(8,507)	(7,535)	(6,529)	(6,212)	(5,508)	(4,309)
Deferred tax liability			(913)	(913)	(913)
Total current liabilities		(11,497)	(11,796)	(11,212)	(12,568)	(8,632)	(8,411)	(6,799)
Long-term deferred tax liability, net		(913)
Unearned income-long-term		10,088	9,960	9,154	8,312	8,160	7,620	6,586
Total liabilities		$ (2,322)	$ (1,836)	$ (2,058)	$ (4,256)	$ (472)	$ (791)	$ (213)
Commitments and contingencies
Stockholders' equity
Preferred stock
Additional paid-in capital						$ 1,421	$ 1,422	$ 1,421
Accumulated earnings		$ (953)	$ (1,833)	$ (1,660)	$ (1,672)	(3,444)	(3,286)	(3,420)
Total stockholders' equity		(953)	(1,833)	(1,660)	(1,672)	(2,023)	(1,864)	(1,999)
Total liabilities and stockholders' equity		(3,275)	(3,669)	(3,718)	(5,928)	(2,495)	(2,655)	(2,212)
As Restated [Member]
Current Assets:
Cash		40,401	38,837	32,430	32,114	29,226	27,831	27,242	$ 22,275	$ 25,634
Restricted cash		13,547	6,262	6,924	5,218	5,626	4,695	4,747
Accounts receivable, net		66,013	68,297	75,981	70,684	66,550	69,038	66,373
Deferred tax asset		1,601	1,741	1,500	1,053	2,522	2,937	3,745
Prepaid expenses and other assets		18,958	20,426	20,480	20,078	22,761	21,716	19,568
Total current assets		140,520	135,563	137,315	129,147	126,685	126,217	121,675
Investment in equity investee		12,281	12,251	11,903	11,756	11,492	11,287	10,895
Property and equipment, net		33,281	31,627	28,080	29,535	29,482	29,371	30,494
Goodwill		368,543	368,911	369,171	368,837	369,304	369,203	369,101
Other intangible assets, net		309,680	317,431	323,941	334,628	338,551	347,114	355,801
Other long-term assets		9,078	9,880	10,227	11,418	12,835	14,245	16,458
Total assets		873,383	875,663	880,637	885,321	888,349	897,437	904,424
Current Liabilities:
Accrued liabilities		32,635	29,275	27,650	26,052	26,023	29,159	28,057
Accounts payable		20,001	16,757	16,632	17,753	12,328	11,353	9,617
Unearned income		2,884	3,227	3,583	3,296	2,654	2,990	2,904
Income tax payable		62	81	712	1,956	1,945	1,801	1,762
Current portion of long-term debt		20,875	19,000	19,000	19,000	19,000	19,000	19,000
Short-term borrowings		18,000	4,000	20,000	23,000	8,000	23,000	40,600
Total current liabilities		94,457	72,340	87,577	91,057	69,950	87,303	101,940
Long-term debt		632,137	638,530	643,053	647,579	652,102	656,626	661,153
Long-term deferred tax liability, net		21,431	22,020	22,691	23,072	25,459	26,764	27,547
Unearned income-long-term		10,088	9,960	9,154	8,312	8,160	7,620	6,586
Other long-term liabilities		11,055	22,447	21,028	20,461	17,517	16,459	15,796
Total liabilities		$ 769,168	$ 765,297	$ 783,503	$ 790,481	$ 773,188	$ 794,772	$ 813,022
Commitments and contingencies
Stockholders' equity
Preferred stock
Common Stock		$ 762	$ 775	$ 774	$ 779	$ 787	$ 786	$ 784
Additional paid-in capital		28,502	51,914	50,403	59,740	84,717	83,589	82,753
Accumulated earnings		81,000	63,397	51,590	40,843	35,804	24,815	15,184
Accumulated other comprehensive loss, net of tax		(6,049)	(5,720)	(5,633)	(6,522)	(6,147)	(6,525)	(7,319)
Total stockholders' equity		104,215	110,366	97,134	94,840	115,161	102,665	91,402
Total liabilities and stockholders' equity		$ 873,383	$ 875,663	$ 880,637	$ 885,321	$ 888,349	$ 897,437	$ 904,424

Restatement of Previously Iss55

Restatement of Previously Issued Consolidated Financial Statements - Impact of Restatement Adjustments and Correcting Classifications Adjustments on Consolidated Statement of Cash Flow (Detail) - USD ($) $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net income (loss)												$ 85,377	$ 66,157	$ (27,117)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization												64,974	65,988	70,366
Amortization of debt issue costs and accretion of discount												3,329	3,094	3,905
Write-off of debt issue costs, premium and discount accounted as loss on extinguishment of debt														16,555
Provision for doubtful accounts and sundry losses												2,130	1,360	673
Deferred tax benefit												(3,090)	(3,701)	(3,419)
Share-based compensation												5,204	4,587	6,179
Unrealized (gain) loss on indemnification assets												(14)	446	383
Loss on disposition of property and equipment and other intangibles												143	734	538
Earnings of equity method investment												(147)	(1,140)	(935)
Dividend received from equity method investment													326	984
(Increase) decrease in assets:
Accounts receivable, net												(4,482)	(5,587)	13,646
Prepaid expenses and other assets												(132)	(381)	447
Other long-term assets												(70)	3,365	(1,381)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities												7,596	(697)	(19,480)
Income tax payable												(606)	1,697	(2,700)
Unearned income												2,207	3,571	3,966
Total adjustments												77,042	73,662	89,727
Net cash provided by operating activities												162,419	139,819	62,610
Cash flows from investing activities
Net increase in restricted cash												(6,100)	(285)	(494)
Additions to software and purchase of customer relationship												(25,960)	(14,707)	(16,727)
Property and equipment acquired												(21,022)	(10,898)	(11,692)
Proceeds from sales of property and equipment												14	59	16
Net cash used in investing activities												(53,068)	(25,831)	(28,897)
Cash flows from financing activities
Proceeds from initial public offering, net of offering costs of $12,567														112,432
Proceeds from issuance of long-term debt														700,000
Debt issuance costs														(12,077)
Net (decrease) increase in short-term borrowings												(6,000)	(27,000)	36,000
Proceeds from new short-term borrowing for purchase of equipment														1,800
Repayments of borrowing for purchase of equipment												(1,542)	(1,200)	(13,596)
Dividends paid												(30,921)	(31,359)	(16,390)
Statutory minimum withholding taxes paid on share-based compensation												(306)	(2,001)	(16,851)
Tax windfall benefits on share-based compensation													3,669	1,829
Issuance of common stock													543	29
Repurchase of common stock												(54,949)	(26,197)	(75,000)
Settlement of stock options													(1,604)
Repayment and repurchase of long-term debt												(19,000)	(19,000)	(755,024)
Repayment of other financing agreement														(224)
Net cash used in financing activities												(112,718)	(104,149)	(37,072)
Net (decrease) increase in cash												(3,367)	9,839	(3,359)
Cash at beginning of the period			$ 32,114				$ 22,275	$ 32,114	$ 22,275	$ 32,114	$ 22,275	32,114	22,275	25,634
Cash at end of the period				$ 32,114								28,747	32,114	22,275
As Previously Reported [Member]
Cash flows from operating activities
Net income (loss)	$ 13,423	$ 20,267	19,063	12,462	$ 19,091	$ 17,773	18,206	39,330	35,979	52,755	55,070		67,532	(24,621)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	16,934	16,006	16,828	16,531	16,453	16,390	16,614	32,834	33,004	49,767	49,457		65,988	70,366
Amortization of debt issue costs and accretion of discount													3,094	3,905
Write-off of debt issue costs, premium and discount accounted as loss on extinguishment of debt														16,555
Provision for doubtful accounts and sundry losses													1,360	673
Deferred tax benefit													(1,713)	(5,702)
Share-based compensation													4,587	6,179
Unrealized (gain) loss on indemnification assets													446	383
Loss on disposition of property and equipment and other intangibles													734	538
Earnings of equity method investment	3	(84)	(115)	(235)	(241)	(343)	(321)	(199)	(664)	(196)	(905)		(1,140)	(935)
Dividend received from equity method investment													326	984
(Increase) decrease in assets:
Accounts receivable, net													(6,608)	9,243
Prepaid expenses and other assets													(1,067)	1,685
Other long-term assets													3,365	(1,381)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities													(2,883)	(16,734)
Income tax payable													1,697	(2,700)
Unearned income													4,230	4,429
Total adjustments													72,416	87,488
Net cash provided by operating activities													139,948	62,867
Cash flows from investing activities
Net increase in restricted cash													(285)	(494)
Additions to software and purchase of customer relationship													(15,046)	(16,980)
Property and equipment acquired													(10,898)	(11,486)
Proceeds from sales of property and equipment													59	16
Net cash used in investing activities													(26,170)	(28,944)
Cash flows from financing activities
Proceeds from initial public offering, net of offering costs of $12,567														112,432
Proceeds from issuance of long-term debt														700,000
Debt issuance costs														(12,077)
Net (decrease) increase in short-term borrowings													(27,000)	36,000
Proceeds from new short-term borrowing for purchase of equipment														1,800
Repayments of borrowing for purchase of equipment													(1,200)	(13,596)
Dividends paid													(31,359)	(16,390)
Statutory minimum withholding taxes paid on share-based compensation													(2,001)	(16,851)
Tax windfall benefits on share-based compensation													3,669	1,829
Issuance of common stock													543	29
Repurchase of common stock													(26,197)	(75,000)
Settlement of stock options													(1,604)
Repayment and repurchase of long-term debt													(19,000)	(755,024)
Repayment of other financing agreement														(224)
Net cash used in financing activities													(104,149)	(37,072)
Net (decrease) increase in cash													9,629	(3,149)
Cash at beginning of the period	38,837	32,430	32,114	29,226	27,831	27,242	22,485	32,114	22,485	32,114	22,485	32,114	22,485	25,634
Cash at end of the period	40,401	38,837	32,430	32,114	29,226	27,831	27,242	38,837	27,831	40,401	29,226		32,114	22,485
Other Insignificant Corrective Adjustments [Member]
Cash flows from operating activities
Net income (loss)	11,034	(525)	(529)	(1,387)	(77)	(433)	(239)	(1,054)	(672)	9,979	(748)		(2,135)	(3,425)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred tax benefit													(1,176)	2,283
(Increase) decrease in assets:
Prepaid expenses and other assets													83	(26)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities													3,228	1,168
Total adjustments													2,135	3,425
Other Insignificant Corrective Adjustments [Member]
Cash flows from operating activities
Net income (loss)	879	(175)	10	1,775	(159)	133	(989)	(165)	(858)	714	(1,016)		760	929
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred tax benefit													(812)
(Increase) decrease in assets:
Accounts receivable, net													1,021	4,403
Prepaid expenses and other assets													603	(1,212)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities													(1,042)	(3,914)
Unearned income													(659)	(463)
Total adjustments													(889)	(1,186)
Net cash provided by operating activities													(129)	(257)
Cash flows from investing activities
Additions to software and purchase of customer relationship													339	253
Property and equipment acquired														(206)
Net cash used in investing activities													339	47
Cash flows from financing activities
Net (decrease) increase in cash													210	(210)
Cash at beginning of the period							(210)		(210)		(210)		(210)
Cash at end of the period														(210)
As Restated [Member]
Cash flows from operating activities
Net income (loss)	25,336	19,567	18,544	12,850	18,855	17,473	16,978	38,111	34,449	63,448	53,306		66,157	(27,117)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	16,934	16,006	16,828	16,531	16,453	16,390	16,614	32,834	33,004	49,767	49,457		65,988	70,366
Amortization of debt issue costs and accretion of discount													3,094	3,905
Write-off of debt issue costs, premium and discount accounted as loss on extinguishment of debt														16,555
Provision for doubtful accounts and sundry losses													1,360	673
Deferred tax benefit													(3,701)	(3,419)
Share-based compensation													4,587	6,179
Unrealized (gain) loss on indemnification assets													446	383
Loss on disposition of property and equipment and other intangibles													734	538
Earnings of equity method investment	3	(84)	(115)	(235)	(241)	(343)	(321)	(199)	(664)	(196)	(905)		(1,140)	(935)
Dividend received from equity method investment													326	984
(Increase) decrease in assets:
Accounts receivable, net													(5,587)	13,646
Prepaid expenses and other assets													(381)	447
Other long-term assets													3,365	(1,381)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities													(697)	(19,480)
Income tax payable													1,697	(2,700)
Unearned income													3,571	3,966
Total adjustments													73,662	89,727
Net cash provided by operating activities													139,819	62,610
Cash flows from investing activities
Net increase in restricted cash													(285)	(494)
Additions to software and purchase of customer relationship													(14,707)	(16,727)
Property and equipment acquired													(10,898)	(11,692)
Proceeds from sales of property and equipment													59	16
Net cash used in investing activities													(25,831)	(28,897)
Cash flows from financing activities
Proceeds from initial public offering, net of offering costs of $12,567														112,432
Proceeds from issuance of long-term debt														700,000
Debt issuance costs														(12,077)
Net (decrease) increase in short-term borrowings													(27,000)	36,000
Proceeds from new short-term borrowing for purchase of equipment														1,800
Repayments of borrowing for purchase of equipment													(1,200)	(13,596)
Dividends paid													(31,359)	(16,390)
Statutory minimum withholding taxes paid on share-based compensation													(2,001)	(16,851)
Tax windfall benefits on share-based compensation													3,669	1,829
Issuance of common stock													543	29
Repurchase of common stock													(26,197)	(75,000)
Settlement of stock options													(1,604)
Repayment and repurchase of long-term debt													(19,000)	(755,024)
Repayment of other financing agreement														(224)
Net cash used in financing activities													(104,149)	(37,072)
Net (decrease) increase in cash													9,839	(3,359)
Cash at beginning of the period	38,837	32,430	32,114	29,226	27,831	27,242	22,275	32,114	22,275	32,114	22,275	$ 32,114	22,275	25,634
Cash at end of the period	$ 40,401	$ 38,837	$ 32,430	$ 32,114	$ 29,226	$ 27,831	$ 27,242	$ 38,837	$ 27,831	$ 40,401	$ 29,226		$ 32,114	$ 22,275

Restatement of Previously Iss56

Restatement of Previously Issued Consolidated Financial Statements - Impact of Restatement Adjustments and Correcting Classifications Adjustments on Consolidated Statement of Cash Flow (Parenthetical) (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Proceeds from initial public offering, net of cost of offering	$ 12,567
As Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Proceeds from initial public offering, net of cost of offering	12,567
As Restated [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Proceeds from initial public offering, net of cost of offering	$ 12,567

The Company and Summary of Si57

The Company and Summary of Significant Accounting Policies - Additional Information (Detail)	Dec. 13, 2013$ / sharesshares	Sep. 18, 2013$ / sharesshares	Apr. 17, 2013USD ($)$ / sharesshares	Dec. 31, 2015USD ($)Country$ / shares	Dec. 31, 2015USD ($)Country$ / shares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)shares
Company And Summary Of Significant Accounting Policies [Line Items]
Number of countries where the Company provides a broad range of merchant acquiring, payment processing and business process management services | Country				18	18
Offering price per share | $ / shares				$ 0.01	$ 0.01
Net proceeds from Initial Public Offering | $						$ 543,000	$ 29,000
Interest cost capitalized | $					$ 300,000	300,000	200,000
Impairment losses | $				$ 0	$ 0	0	$ 0
Software cost reimbursement | $						$ 1,428,000
Senior Notes [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Senior notes, interest rate			11.00%
Senior notes, maturity date			2,018
Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings							6,250,000
EVERTEC Inc [Member] | Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings			6,250,000
Selling Stockholders [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings	15,233,273	23,000,000
Offering price per share | $ / shares	$ 20.60	$ 22.50
Selling Stockholders [Member] | Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings			22,539,943
Apollo Global Management LLC [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings	0	9,200,000
Percentage of equity interest owned		11.20%
Apollo Global Management LLC [Member] | Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings			13,739,284
Popular [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings	11,700,000	17,500,000
Percentage of equity interest owned	14.90%	21.30%
Popular [Member] | Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings			8,800,659
IPO [Member] | Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued under Initial and Other Public Offerings			28,789,943
Offering price per share | $ / shares			$ 20
Software Development | Minimum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Intangible asset useful life					3 years
Software Development | Maximum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Intangible asset useful life					10 years
2013 Credit Agreement [Member] | IPO [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Net proceeds from Initial Public Offering | $			$ 117,400,000
Software and maintenance contracts | Minimum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Intangible asset useful life					1 year
Software and maintenance contracts | Maximum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Intangible asset useful life					5 years

Cash - Additional Information (

Cash - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash and Cash Equivalents [Line Items]
Cash	$ 28,747	$ 32,114	$ 22,275	$ 25,634
Cash Deposited In an Affiliate Financial Institution [Member]
Cash and Cash Equivalents [Line Items]
Cash	12,100	$ 7,800
Territories Other Than Puerto Rico [Member]
Cash and Cash Equivalents [Line Items]
Cash	$ 16,400

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Trade	$ 52,652	$ 53,503
Due from affiliates, net	16,886	13,140
Settlement assets	6,304	4,742
Other	123	306
Less: allowance for doubtful accounts	(2,250)	(1,007)
Accounts receivable, net	$ 73,715	$ 70,684

Prepaid Expenses and Other As60

Prepaid Expenses and Other Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Prepaid Expenses And Other Current Assets [Line Items]
Software licenses and maintenance contracts	$ 6,526	$ 7,028
Deferred project costs	4,067	2,297
Insurance	1,313	1,321
Postage	751	709
Other	3,800	3,637
Prepaid expenses and other assets	18,758	20,078
Income Taxes [Member]
Prepaid Expenses And Other Current Assets [Line Items]
Prepaid income taxes	1,259	3,984
Taxes other than Income [Member]
Prepaid Expenses And Other Current Assets [Line Items]
Prepaid income taxes	$ 1,042	$ 1,102

Investment in Equity Investee -

Investment in Equity Investee - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2011
Schedule of Equity Method Investments [Line Items]
Equity interest in CONTADO acquisition				19.99%
Equity interest in CONTADO, excess cost of investment over underlying equity in net assets				$ 9,000,000
Earnings of equity method investment	$ 147,000	$ 1,140,000	$ 935,000
Dividends Received from CONTADO	0	300,000	1,000,000
Equity Method Investments [Member]
Schedule of Equity Method Investments [Line Items]
Equity interest in CONTADO, amortization expense	$ 300,000	$ 300,000	$ 300,000

Property and Equipment, Net - P

Property and Equipment, Net - Property and Equipment, Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Buildings	$ 1,606	$ 1,602
Data processing equipment	94,523	77,588
Furniture and equipment	8,170	7,540
Leasehold improvements	3,649	2,964
Property and equipment	107,948	89,694
Less-accumulated depreciation and amortization	(75,244)	(61,580)
Depreciable assets, net	32,704	28,114
Land	1,424	1,421
Property and equipment, net	$ 34,128	$ 29,535
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	30 years
Data Processing Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	3 years
Data Processing Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	5 years
Furniture and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	3 years
Furniture and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	20 years
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	5 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful life	10 years

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense related to property and equipment	$ 15.1	$ 15.5	$ 16.2

Goodwill - Changes in Carrying

Goodwill - Changes in Carrying Amount of Goodwill Allocated by Reportable Segments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 368,837	$ 373,119	$ 372,307
Foreign currency translation adjustments	(704)	(4,282)	812
Goodwill, Ending Balance	368,133	368,837	373,119
Merchant Acquiring, net [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	138,121	138,121	138,121
Goodwill, Ending Balance	138,121	138,121	138,121
Payment Processing [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	184,228	187,622	187,028
Foreign currency translation adjustments	(732)	(3,394)	594
Goodwill, Ending Balance	183,496	184,228	187,622
Business Solutions [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	46,488	47,376	47,158
Foreign currency translation adjustments	28	(888)	218
Goodwill, Ending Balance	$ 46,516	$ 46,488	$ 47,376

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment losses	$ 0	$ 0	$ 0	$ 0

Other Intangible Assets - Carry

Other Intangible Assets - Carrying Amount of Other Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Acquired Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 574,732	$ 547,456
Accumulated amortization	(262,673)	(212,828)
Net carrying amount	312,059	$ 334,628
Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years		14 years
Gross amount	322,632	$ 312,735
Accumulated amortization	(117,963)	(95,482)
Net carrying amount	$ 204,669	217,253
Customer relationships [Member] | Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	10 years
Customer relationships [Member] | Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	14 years
Trademarks [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 39,950	39,950
Accumulated amortization	(18,186)	(14,722)
Net carrying amount	$ 21,764	$ 25,228
Trademarks [Member] | Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	10 years	10 years
Trademarks [Member] | Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	15 years	15 years
Software packages [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 155,611	$ 138,232
Accumulated amortization	(106,735)	(86,605)
Net carrying amount	$ 48,876	$ 51,627
Software packages [Member] | Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	3 years	3 years
Software packages [Member] | Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	10 years	10 years
Non-compete agreement [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life in years	15 years	15 years
Gross amount	$ 56,539	$ 56,539
Accumulated amortization	(19,789)	(16,019)
Net carrying amount	$ 36,750	$ 40,520

Other Intangible Assets - Addit

Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Intangible Assets [Member]
Other Intangible Assets [Line Items]
Amortization expense for intangible assets	$ 49.9	$ 50.5	$ 54.2
Software packages [Member]
Other Intangible Assets [Line Items]
Amortization expense for intangible assets	$ 20.1	$ 21	$ 24.5

Other Intangible Assets - Estim

Other Intangible Assets - Estimated Amortization Expenses (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,016	$ 42,532
2,017	39,244
2,018	35,956
2,019	34,262
2,020	$ 32,151

Other Long-Term Assets - Additi

Other Long-Term Assets - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Other Long Term Assets [Line Items]
Other long-term assets, related to certain software and maintenance contracts	$ 8,795	$ 11,418
Other Long-Term Assets [Member]
Schedule of Other Long Term Assets [Line Items]
Deferred debt-issuance costs	7,100	9,300
Other long-term assets, related to certain software and maintenance contracts	$ 1,700	1,600
Long-term restricted cash		$ 500

Debt and Short-Term Borrowing70

Debt and Short-Term Borrowings - Total Debt (Detail) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Note payable		$ 4,200
Total debt		669,147	$ 693,912
Term A due on April 17, 2018 [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Credit facility	[1],[2]	262,323	277,239
Term B due on April 17, 2020 [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Credit facility	[2],[3]	386,172	389,340
Expiring on April 17, 2018 [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility		17,000	23,000
Note Payable due on October 1, 2017 [Member]
Debt Instrument [Line Items]
Note payable	[2]	2,967	$ 4,333
Note Payable due on July 31, 2017 [Member]
Debt Instrument [Line Items]
Note payable	[2]	$ 685
[1]	Applicable margin of 2.25% and 2.50% at December 31, 2015 and 2014, respectively.
[2]	Net of unaccreted discount.
[3]	Subject to a minimum rate ("LIBOR floor") of 0.75% plus applicable margin of 2.50% and 2.75% at December 31, 2015 and 2014, respectively.

Debt and Short-Term Borrowing71

Debt and Short-Term Borrowings - Total Debt (Parenthetical) (Detail)	Apr. 17, 2013	Dec. 31, 2015	Dec. 31, 2014
Note Payable due on October 1, 2017 [Member]
Debt Instrument [Line Items]
Debt, maturity date		Oct. 1, 2017	Oct. 1, 2017
Note Payable due on July 31, 2017 [Member]
Debt Instrument [Line Items]
Debt, maturity date		Jul. 31, 2017	Jul. 31, 2017
Senior Secured Credit Facilities [Member] | Term A due on April 17, 2018 [Member]
Debt Instrument [Line Items]
Debt, maturity date	Apr. 17, 2018	Apr. 17, 2018	Apr. 17, 2018
Margin interest rate		2.25%	2.50%
Senior Secured Credit Facilities [Member] | Term B due on April 17, 2020 [Member]
Debt Instrument [Line Items]
Debt, maturity date	Apr. 17, 2020	Apr. 17, 2020	Apr. 17, 2020
Senior Secured Credit Facilities [Member] | Term B due on April 17, 2020 [Member] | LIBOR Floor [Member]
Debt Instrument [Line Items]
Margin interest rate		0.75%	0.75%
Senior Secured Credit Facilities [Member] | Term B due on April 17, 2020 [Member] | Applicable Margin [Member]
Debt Instrument [Line Items]
Margin interest rate		2.50%	2.75%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt, maturity date		Apr. 17, 2018
Revolving Credit Facility [Member] | Expiring on April 17, 2018 [Member]
Debt Instrument [Line Items]
Debt, maturity date	Apr. 17, 2018	Apr. 17, 2018	Apr. 17, 2018

Debt and Short-Term Borrowing72

Debt and Short-Term Borrowings - Summary of Contractual Principal Payments (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2,016	$ 24,681
2,017	32,180
2,018	221,500
2,019	4,000
2,020	$ 374,000

Debt and Short-Term Borrowing73

Debt and Short-Term Borrowings - Additional Information (Detail) - USD ($)	Apr. 29, 2013	Apr. 17, 2013	Apr. 29, 2013	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Debt Instrument [Line Items]
Maximum secured leverage ratio				6.60
Note payable				$ 4,200,000
Non interest bearing financing agreement					$ 4,600,000	$ 1,100,000
Notional amount of swap agreement				$ 200,000,000
Swap agreement fixed interest rate				1.9225%
Swap agreement floor rate				0.75%
Derivative liability included in Other Long-term Liabilities				$ 500,000
Senior Notes [Member]
Debt Instrument [Line Items]
Debt issuance cost written off				$ 7,000,000
Satisfaction and Discharge of Indenture description				(i)) at a redemption price of 100.0% plus a make-whole premium and accrued and unpaid interest, on April 30, 2013 (the “Full Redemption”). On April 17, 2013, the Co-Issuers and the Trustee entered into a Satisfaction and Discharge Agreement whereby EVERTEC Group caused to be irrevocably deposited with the Trustee, to satisfy and to discharge the Co-Issuers’ obligations under the Indenture (a) a portion of the net cash proceeds received by the Company in the initial public offering to Holdings, which contributed such proceeds to EVERTEC Group, in an amount sufficient to effect the Partial Redemption on April 29, 2013 and (b) proceeds from the 2013 Credit Agreement described above in an amount sufficient to effect the Full Redemption on April 30, 2013. On April 29, 2013, the Partial Redemption was effected and on April 30, 2013, the Full Redemption was effected.
Principal amount of outstanding, redemption value				$ 91,000,000
Percentage of redemption price	111.00%		100.00%
Debt instrument premium				1,800,000
Debt redemption premium				41,900,000
Senior Secured Term Loan A [Member]
Debt Instrument [Line Items]
Secured credit facilities				$ 262,500,000
Debt, maturity date				Apr. 17, 2018
Senior Secured Term Loan A [Member] | Commencing On September 30, 2013 To June 2016 [Member]
Debt Instrument [Line Items]
Original principal amount				1.25%
Senior Secured Term Loan A [Member] | Commencing On September 30, 2016 To June 30, 2017 [Member]
Debt Instrument [Line Items]
Original principal amount				1.875%
Senior Secured Term Loan A [Member] | Commencing On September 30, 2017 To March 31, 2018 [Member]
Debt Instrument [Line Items]
Original principal amount				2.50%
Senior Secured Term Loan A [Member] | LIBOR Floor [Member] | Minimum [Member]
Debt Instrument [Line Items]
Margin interest rate				2.00%
Senior Secured Term Loan A [Member] | LIBOR Floor [Member] | Maximum [Member]
Debt Instrument [Line Items]
Margin interest rate				2.50%
Senior Secured Term Loan A [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Margin interest rate				1.00%
Senior Secured Term Loan A [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Margin interest rate				1.50%
Senior Secured Term Loan B [Member]
Debt Instrument [Line Items]
Secured credit facilities				$ 390,000,000
Debt, maturity date				Apr. 17, 2020
Original principal amount				0.25%
Debt instrument description				The LIBOR Rate and Base Rate are subject to floors of 0.75% and 1.75%, respectively.
Percentage of debt at variable interest rate				100.00%
Amount of Term Loan covered by swap agreement				$ 200,000,000
Percentage of debt fixed for swap agreement				30.00%
Senior Secured Term Loan B [Member] | Minimum [Member]
Debt Instrument [Line Items]
Margin interest rate				0.75%
Senior Secured Term Loan B [Member] | Maximum [Member]
Debt Instrument [Line Items]
Margin interest rate				1.75%
Senior Secured Term Loan B [Member] | LIBOR Floor [Member] | Minimum [Member]
Debt Instrument [Line Items]
Margin interest rate				2.50%
Senior Secured Term Loan B [Member] | LIBOR Floor [Member] | Maximum [Member]
Debt Instrument [Line Items]
Margin interest rate				2.75%
Senior Secured Term Loan B [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Margin interest rate				1.50%
Senior Secured Term Loan B [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Margin interest rate				1.75%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Secured credit facilities				$ 100,000,000
Debt, maturity date				Apr. 17, 2018
Revolving credit facility, outstanding balance				$ 17,000,000
Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Commitment fee for the unused portion				0.125%
Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Commitment fee for the unused portion				0.375%
Revolving Credit Facility [Member] | Expiring on April 17, 2018 [Member]
Debt Instrument [Line Items]
Secured credit facilities		$ 100,000,000
Debt, maturity date		Apr. 17, 2018		Apr. 17, 2018	Apr. 17, 2018
New Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt issuance cost				$ 7,200,000
Debt issuance cost written off				4,900,000
Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Unamortized discount				6,400,000
Debt issuance cost				5,900,000
Unamortized discount written off				3,400,000
Debt issuance cost written off				$ 3,000,000
Senior Secured Credit Facilities [Member] | Term A due on April 17, 2018 [Member]
Debt Instrument [Line Items]
Secured credit facilities		$ 300,000,000
Debt, maturity date		Apr. 17, 2018		Apr. 17, 2018	Apr. 17, 2018
Margin interest rate				2.25%	2.50%
Senior Secured Credit Facilities [Member] | Term B due on April 17, 2020 [Member]
Debt Instrument [Line Items]
Secured credit facilities		$ 400,000,000
Debt, maturity date		Apr. 17, 2020		Apr. 17, 2020	Apr. 17, 2020
Senior Secured Credit Facilities [Member] | Term B due on April 17, 2020 [Member] | LIBOR Floor [Member]
Debt Instrument [Line Items]
Margin interest rate				0.75%	0.75%

Financial Instruments and Fai74

Financial Instruments and Fair Value Measurements - Fair Value Measurements for Assets and Liabilities at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Indemnification assets:
Software cost reimbursement		$ 1,428
Financial liabilities:
Interest rate swap	$ 515
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Financial liabilities:
Interest rate swap	$ 515
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
Indemnification assets:
Software cost reimbursement		$ 1,428

Financial Instruments and Fai75

Financial Instruments and Fair Value Measurements - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value Disclosures [Abstract]
Unrealized (gain) loss on indemnification assets	$ (14,000)	$ 446,000	$ 383,000
Termination dates of contracts end	Sep. 30, 2015
Merger transaction completed date	Sep. 30, 2010
Transfer in or out of Level 3 assets	$ 0	$ 0	$ 0

Financial Instruments and Fai76

Financial Instruments and Fair Value Measurements - Carrying Value and Estimated Fair Values for Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Indemnification assets:
Software cost reimbursement, Carrying Amount		$ 1,428
Financial liabilities:
Interest Rate Swap, Carrying Amount	$ 515
Indemnification assets:
Software cost reimbursement, Fair Value		1,428
Financial liabilities:
Interest Rate Swap, Fair Value	515
Senior Secured Term Loan A [Member]
Financial liabilities:
Senior secured term loan, Carrying Amount	262,323	277,240
Financial liabilities:
Senior secured term loan, Fair Value	250,688	266,400
Senior Secured Term Loan B [Member]
Financial liabilities:
Senior secured term loan, Carrying Amount	386,172	389,340
Financial liabilities:
Senior secured term loan, Fair Value	$ 373,749	$ 385,462

Financial Instruments and Fai77

Financial Instruments and Fair Value Measurements - Summary of Change in Fair Value of Level Three Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Unrealized gain (loss) recognized in other expenses	$ (14)	$ 446	$ 383
Indemnification Assets [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	1,428	3,586	6,099
Payments received	(1,442)	(1,712)	(2,130)
Unrealized gain (loss) recognized in other expenses	$ 14	(446)	(383)
Ending balance		$ 1,428	$ 3,586

Equity - Additional Information

Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Equity [Abstract]
Common stock authorized	206,000,000	206,000,000
Common stock par value	$ 0.01
Common stock outstanding	74,988,210	77,893,144
Preferred stock authorized	2,000,000	2,000,000
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock issued	0	0
Shares repurchased	3,000,000	1,200,000	3,700,000
Repurchase of common stock	$ 54,949	$ 26,197	$ 75,000

Equity - Summary of Dividend Ac

Equity - Summary of Dividend Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
First Quarter Dividend [Member]
Dividends Payable [Line Items]
Declaration Date	Feb. 18, 2015	Feb. 12, 2014
Record Date	Mar. 2, 2015	Feb. 25, 2014
Payment Date	Mar. 19, 2015	Mar. 14, 2014
Dividend per share	$ 0.10	$ 0.10
Second Quarter Dividend [Member]
Dividends Payable [Line Items]
Declaration Date	May 6, 2015	May 7, 2014
Record Date	May 18, 2015	May 19, 2014
Payment Date	Jun. 5, 2015	Jun. 6, 2014
Dividend per share	$ 0.10	$ 0.10
Third Quarter Dividend [Member]
Dividends Payable [Line Items]
Declaration Date	Aug. 5, 2015	Aug. 6, 2014
Record Date	Aug. 17, 2015	Aug. 18, 2014
Payment Date	Sep. 3, 2015	Sep. 5, 2014
Dividend per share	$ 0.10	$ 0.10
Fourth Quarter Dividend [Member]
Dividends Payable [Line Items]
Declaration Date	Nov. 4, 2015	Nov. 5, 2014
Record Date	Nov. 16, 2015	Nov. 17, 2014
Payment Date	Dec. 4, 2015	Dec. 5, 2014
Dividend per share	$ 0.10	$ 0.10

Equity - Summary of Changes in

Equity - Summary of Changes in Balances Comprising Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance, Value	$ (6,522)	$ 426
Additions:	(1,060)	(6,948)
Ending Balance, Value	(7,582)	(6,522)
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance, Value	(6,522)	426
Additions:	(545)	(6,948)
Ending Balance, Value	(7,067)	$ (6,522)
Cash Flow Hedge [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Additions:	(515)
Ending Balance, Value	$ (515)

Share-based Compensation - Addi

Share-based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested shares, Granted	0	100,000	150,000
Share-based compensation expenses	$ 4,900
Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum unrecognized cost for stock options	$ 7,800
Unrecognized compensation cost, weighted average period of recognition	2 years 2 months 12 days
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expenses	$ 193	$ 4,305	$ 5,820
Maximum unrecognized cost for stock options	$ 300
Unrecognized compensation cost, weighted average period of recognition	1 year 3 months 18 days
Time Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Investor internal rate of return, percentage	25.00%
Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Investor internal rate of return, percentage	30.00%
Tranche B and C [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option vesting condition	Pursuant to the terms of the 2010 Plan, Tranche A stock options will generally vest in five equal installments, except for some grants as specified in the stock agreement, Tranche B options granted to employees and certain directors would vest at such time as the Investor Internal Rate of Return (“IRR”) equals or exceeds 25%, except for one grant that vests upon a 20% IRR, based on cash proceeds received by Apollo Investment Fund VII, L.P. (the “Investor”), and Tranche C options would vest at such time as the IRR equals or exceeds 30% based on cash proceeds received by the Investor.
One Grant [Member] | Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Investor internal rate of return, percentage	20.00%
2010 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance	5,843,208
Nonvested shares, Granted	0
Equity Incentive Plans contractual term	10 years
2013 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance	5,956,882

Share-based Compensation - Summ

Share-based Compensation - Summary of Stock Option Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014		Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding shares, Beginning Balance	316,000	1,285,536		5,177,582
Outstanding shares, Expired	(50,000)
Outstanding weighted average exercise prices, Expired	$ 23.36
Outstanding shares, Granted	0	100,000		150,000
Outstanding shares, Forfeitures	(126,000)	(31,164)
Outstanding shares, Exercised		(945,040)	[1]	(4,042,046)
Outstanding shares, Repurchased		(93,332)
Outstanding shares, Ending Balance	140,000	316,000		1,285,536
Outstanding weighted average exercise prices, Beginning Balance	$ 19.56	$ 4.77		$ 2.06
Outstanding shares, Exercisable, Ending Balance	33,333
Outstanding weighted average exercise prices, Granted		24.01		23.36
Outstanding weighted average exercise prices, Forfeitures	$ 18.81	1.30
Outstanding weighted average exercise prices, Exercised		1.96	[1]	1.99
Outstanding weighted average exercise prices, Repurchased		4.83
Outstanding weighted average exercise prices, Ending Balance	18.88	$ 19.56		$ 4.77
Outstanding weighted average exercise prices, Exercisable, Ending Balance	$ 24.01
[1]	At December 31, 2014, the total intrinsic value of options exercised during the year amounted to $19.3 million.

Share-based Compensation - Su83

Share-based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2014USD ($)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total intrinsic value of options exercised	$ 19.3

Share-based Compensation - Full

Share-based Compensation - Fully Vested Stock Options (Detail) - $ / shares		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Vested stock options, Shares	[1],[2],[3]	33,333	766,995	3,757,099
Vested stock options, Weighted average exercise price	[1],[2],[3]	$ 24.01	$ 3.75	$ 2.07
[1]	At December 31, 2015, there is no intrinsic value for vested stock options as the options are out-of-the-money. For December 31, 2014 and 2013, the aggregate intrinsic value amounted to $14.0 million and $84.9 million, respectively.
[2]	The fair value of vested stock options at December 31, 2015, 2014 and 2013 amounted to $1.4 million, $17.0 million and $92.7 million, respectively.
[3]	The weighted average contractual term of fully vested options is 8.16 years, 6.06 years and 7.04 years as of December 31, 2015, 2014 and 2013, respectively.

Share-based Compensation - Fu85

Share-based Compensation - Fully Vested Stock Options (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation arrangement by share-based payment award, Aggregate intrinsic value	$ 0	$ 14	$ 84.9
Share-based compensation arrangement by share-based payment award, Weighted average contractual term	8 years 1 month 28 days	6 years 22 days	7 years 15 days
Share-based compensation arrangement by share-based payment award, fair value of vested stock options	$ 1.4	$ 17	$ 92.7

Share-based Compensation - Assu

Share-based Compensation - Assumptions used to Estimate Fair Value of Stock Option Granted (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Employee Stock Options 2013 Plan [Member]
Share based Compensation Arrangement Assumptions Used to Estimate Fair Values of Share Options Granted [Line Items]
Stock Price	$ 24.01
Risk-free rate	1.80%
Expected volatility	36.98%
Expected annual dividend yield	1.63%
Expected term	6 years
Employee Stock Options 2010 Plan [Member]
Share based Compensation Arrangement Assumptions Used to Estimate Fair Values of Share Options Granted [Line Items]
Stock Price		$ 23.36
Risk-free rate		1.68%
Expected volatility		36.56%
Expected annual dividend yield		1.71%
Expected term		6 years

Share-based Compensation - Nonv

Share-based Compensation - Nonvested Restricted Shares and RSUs Activity (Detail) - Restricted Stock Units [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Nonvested restricted shares and RSUs
Nonvested shares, Beginning balance	23,252	9,133	115,420
Outstanding shares, Granted	596,238	23,252	9,133
Outstanding shares, Vested	(94,550)	(9,133)	(115,420)
Nonvested shares, Forfeited	(33,214)
Nonvested shares, Ending Balance	491,726	23,252	9,133
Weighted-average grant date fair value
Weighted-average grant date fair value, beginning balance	$ 22.04	$ 24.64	$ 5.90
Outstanding weighted average exercise prices, Granted	22.24	22.04	24.64
Outstanding weighted average exercise prices, Vested	21.33	24.64	5.90
Weighted-average grant date fair value, Forfeited	23.61
Weighted-average grant date fair value, Ending balance	$ 22.32	$ 22.04	$ 24.64

Share-based Compensation - Shar

Share-based Compensation - Share-based Compensation Recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation recognized, net	$ 4,900
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation recognized, net	193	$ 4,305	$ 5,820
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation recognized, net	$ 5,011	$ 282	$ 359

Employee Benefit Plan - Additio

Employee Benefit Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Defined contribution saving plan, vesting period	5 years
Defined contribution saving plan cost	$ 0.8	$ 0.6	$ 0.6

Total Other Income (Expenses) -

Total Other Income (Expenses) - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Income Expense [Line Items]
Other income (expenses), foreign currency transaction gains	$ 1,200	$ 2,600
Other income (expenses), adjustments	2,306	2,375	$ (75,682)
Sales rebates received	400
Gain related to certain refurbished POS machines	200
Expenses on extinguishment of debt			(58,464)
Expense related to termination of consulting agreements			16,718
Software Indemnification Assets [Member]
Other Income Expense [Line Items]
Other income (expenses), adjustments	$ 200	$ (400)
Apollo and Popular [Member]
Other Income Expense [Line Items]
Expense related to termination of consulting agreements			$ 16,700

Income Tax - Components of Inco

Income Tax - Components of Income Tax (Benefit) Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Current tax (benefit) provision	$ (245)	$ 12,602	$ 4,854
Deferred tax benefit	(3,090)	(3,701)	(3,419)
Income tax (benefit) expense	$ (3,335)	$ 8,901	$ 1,435

Income Tax - Segregation of Inc

Income Tax - Segregation of Income Tax Expense (Benefit) Based on Location of Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income (loss) before income tax provision (benefit)
Income (loss) before income taxes	$ 82,042	$ 75,058	$ (25,682)
Current tax (benefit) provision
Current tax provision (benefit), Puerto Rico	(3,500)	8,090	2,057
Current tax provision (benefit), United States	413	(517)	753
Current tax provision (benefit), Foreign countries	2,842	5,029	2,044
Total currrent tax (benefit) provision	(245)	12,602	4,854
Deferred tax benefit
Deferred tax benefit, Puerto Rico	(2,169)	(1,933)	(2,812)
Deferred tax benefit, United States	(114)	(124)	(4)
Deferred tax benefit, Foreign countries	(807)	(1,644)	(603)
Total deferred tax benefit	(3,090)	(3,701)	(3,419)
Puerto Rico [Member]
Income (loss) before income tax provision (benefit)
Income (loss) before income taxes	73,327	61,759	(34,565)
United States [Member]
Income (loss) before income tax provision (benefit)
Income (loss) before income taxes	1,879	2,131	2,031
Foreign Countries [Member]
Income (loss) before income tax provision (benefit)
Income (loss) before income taxes	$ 6,836	$ 11,168	$ 6,852

Income Tax - Additional Informa

Income Tax - Additional Information (Detail)	Dec. 01, 2013	Jun. 30, 2013	Oct. 19, 2012USD ($)	Oct. 11, 2011	Jun. 30, 2013USD ($)	Dec. 31, 2015USD ($)Employee	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Income Tax Examination [Line Items]
Adjustment to deferred taxes due to changes in enacted tax rate					$ 1,400,000		$ (731,000)	$ 3,568,000
Unremitted earnings for foreign subsidiaries						$ 27,000,000
Preferential tax rate	4.00%			7.00%		4.00%
Tax exemption, conditions						The grant contains customary commitments, conditions and representations that EVERTEC Group will be required to comply with in order to maintain the grant. The more significant commitments include: (i) maintaining at least 750 employees in EVERTEC Group’s Puerto Rico data processing operations during 2012 and at least 700 employees for the remaining years of the grant, (ii) investing at least $200.0 million in building, machinery, equipment or computer programs to be used in Puerto Rico during the effective term of the grant (to be made over four year capital investment cycles in $50.0 million increments); and (iii) 80% of EVERTEC Group employees must be residents of Puerto Rico.
Commitments to maintain tax exemption grant, investments			$ 200,000,000
Commitments to maintain tax exemption grant, investment increment over four year cycle			$ 50,000,000
Tax exemption expiration date						Nov. 1, 2024
Percentage of net operating loss deduction with regular tax						80.00%
Percentage of net operating loss deduction with alternative minimum tax						70.00%
NOL carryforwards available to offset future taxable income						$ 10,900,000
Deferred tax assets realized, increase in equity, description						Equity will be increased by $4.2 million if and when such windfall tax benefit is ultimately realized.
Unrecognized tax benefits (expense)						$ 2,000	(1,200)	(900)
Income tax benefit (expense)						12,400,000	12,400,000	$ 12,400,000
Liability for interest and penalties						$ 1,300,000	$ 3,300,000
During 2012 [Member]
Income Tax Examination [Line Items]
Commitments to maintain tax exemption grant, minimum number of employees to be maintained | Employee						750
For the remaining years of the grant [Member]
Income Tax Examination [Line Items]
Commitments to maintain tax exemption grant, minimum number of employees to be maintained | Employee						700
Development Services [Member]
Income Tax Examination [Line Items]
Base tax rate						7.00%
Base tax rate period						10 years
Income Tax [Member]
Income Tax Examination [Line Items]
Tax exemption period			15 years
Tax exemption period, effective date						Jan. 1, 2012
Municipal Taxes [Member]
Income Tax Examination [Line Items]
Tax exemption period			15 years
Tax exemption period, effective date						Jan. 1, 2013
Puerto Rico [Member]
Income Tax Examination [Line Items]
Commitments to maintain tax exemption grant, percentage of resident employees			80.00%
Minimum [Member] | Puerto Rico [Member]
Income Tax Examination [Line Items]
Corporate income tax		30.00%
Maximum [Member] | Puerto Rico [Member]
Income Tax Examination [Line Items]
Corporate income tax		39.00%

Income Tax - Components of Defe

Income Tax - Components of Deferred Tax Assets and Liabilities (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets ("DTA")
Allowance for doubtful accounts	$ 420,000	$ 245,000
Unearned income	1,315,000	1,149,000
Investment in equity subsidiary	292,000	304,000
Alternative minimum tax	400,000	495,000
Share based compensation	379,000	89,000
Other temporary assets	679,000	687,000
Total gross deferred tax assets	3,485,000	2,969,000
Deferred tax liabilities ("DTL")
Deferred compensation	1,270,000	1,144,000
Difference between the assigned values and the tax basis of assets and liabilities recognized in purchase	21,144,000	23,844,000
Total gross deferred tax liabilities	22,414,000	24,988,000
Deferred tax liability, net	$ (18,929,000)	$ (22,019,000)

Income Tax - Reconciliation of

Income Tax - Reconciliation of Total Amounts of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Uncertainties [Abstract]
Balance, beginning of year	$ 19,859	$ 20,616	$ 20,112
Gross increases-tax positions in prior period	53		2,323
Gross decreases-tax positions in prior period		(757)	(1,889)
Gross increases-tax positions in current period			916
Lapse of statute of limitations	(7,065)		(846)
Balance, end of year	$ 12,847	$ 19,859	$ 20,616

Income Tax - Income Tax Expense

Income Tax - Income Tax Expense Differs from Computed Income Tax at Statutory Rates (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Computed income tax at statutory rates		$ 31,996	$ 29,435	$ (10,109)
Benefit of net tax-exempt interest income		(284)		(180)
Differences in tax rates due to multiple jurisdictions		37	(942)	577
Tax (benefit) expense due to a change in estimate		(201)	(916)	83
Adjustment to deferred taxes due to changes in enacted tax rate and tax grant	$ 1,400		(731)	3,568
Effect of net disallowed operating losses in foreign entities		103	83	93
Effect of income subject to tax-exemption grant		(23,375)	(19,858)	6,242
Unrecognized tax benefit		(11,626)	1,830	1,168
Other		15		(7)
Income tax (benefit) expense		$ (3,335)	$ 8,901	$ 1,435

Net Income Per Common Share - S

Net Income Per Common Share - Schedule of Reconciliation of Numerator and Denominator of Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Net income (loss)		$ 85,377	$ 66,157	$ (27,117)
Less: non-forfeitable dividends on restricted stock		9
Net income (loss) available to common shareholders		$ 85,368	$ 66,157	$ (27,117)
Weighted average common shares outstanding		77,066,459	78,337,152	78,914,310
Weighted average potential dilutive common shares	[1],[2]	114,664	553,987
Weighted average common shares outstanding-assuming dilution		77,181,123	78,891,139	78,914,310
Net income (loss) per common share - basic		$ 1.11	$ 0.84	$ (0.34)
Net income (loss) per common share - diluted		$ 1.11	$ 0.84	$ (0.34)
[1]	For the year ended December 31, 2013, 2,325,209 potential common shares consisting of common stock under the assumed exercise of stock options and restricted stock awards using the treasury stock method were not included in the computation of the diluted net income (loss) per share since their inclusion would have an antidilutive effect.
[2]	Potential common shares consist of common stock issuable under the assumed exercise of stock options, restricted stock and RSUs awards using the treasury stock method.

Net Income Per Common Share -98

Net Income Per Common Share - Schedule of Reconciliation of Numerator and Denominator of Earnings Per Common Share (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2013shares
Earnings Per Share [Abstract]
Common shares excluded from the calculation of diluted net income (loss) per share	2,325,209

Related Party Transactions - Tr

Related Party Transactions - Transactions with Related Parties (Detail) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2013	Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Transaction [Abstract]
Total revenues	[1],[2]		$ 169,433		$ 164,336		$ 167,440
Cost of revenues			1,701		1,946		8,429
Rent and other fees		$ 5,900	7,880	[3],[4]	7,928	[3],[4]	27,762	[3],[4]
Interest earned from and charged by affiliate
Interest income			$ 206		$ 197		130
Interest expense	[5]						$ 2,471
[1]	Includes revenues generated from investee accounted for under the equity method of $2.1 million, $2.5 million and $3.0 million for the years ended December 31, 2015, 2014 and 2013, respectively.
[2]	Total revenues from Popular as a percentage of revenues were 45%, 45% and 46% for each of the periods presented above.
[3]	Includes $7.9 million, $7.9 million and $11.1 million recorded as selling, general and administrative expenses for each of the periods presented above, and $16.7 million recorded as non-operating expenses for the year ended December 31, 2013 in the audited consolidated statement of income (loss) and comprehensive income (loss).
[4]	Includes management fees to equity sponsors amounting to $3.5 million for the year ended December 31, 2013. Management fees paid during 2013 also includes $16.7 million resulting from the termination of the consulting agreements as explained below. Rent and other fees also include $5.9 million paid in connection with the redemption premium on the senior notes during the first half of 2013.
[5]	Interest expense relates to interest accrued on the senior secured term loan and senior notes held by Popular. As a result of the debt refinancing and the redemption of the senior notes in April 2013, Popular's participation in such debt was extinguished. See Note 12 for additional information related to the extinguishment of this debt.

Related Party Transactions -100

Related Party Transactions - Transactions with Related Parties (Parenthetical) (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Transactions with Third Party [Line Items]
Revenues generated from investee accounted for under equity method		$ 2,100		$ 2,500		$ 3,000
Management fee paid for termination of consulting agreement						16,718
Rent and other fees	$ 5,900	7,880	[1],[2]	7,928	[1],[2]	27,762	[1],[2]
Selling, general and administrative expenses		37,278		41,276		38,810
Non operating expense		$ (21,318)		$ (21,929)		$ (111,928)
Popular [Member]
Transactions with Third Party [Line Items]
Total revenues from Popular		45.00%		45.00%		46.00%
Related Party Transactions [Member]
Transactions with Third Party [Line Items]
Management fees to equity sponsors						$ 3,500
Selling, general and administrative expenses		$ 7,900		$ 7,900		11,100
Non operating expense						$ (16,700)
[1]	Includes $7.9 million, $7.9 million and $11.1 million recorded as selling, general and administrative expenses for each of the periods presented above, and $16.7 million recorded as non-operating expenses for the year ended December 31, 2013 in the audited consolidated statement of income (loss) and comprehensive income (loss).
[2]	Includes management fees to equity sponsors amounting to $3.5 million for the year ended December 31, 2013. Management fees paid during 2013 also includes $16.7 million resulting from the termination of the consulting agreements as explained below. Rent and other fees also include $5.9 million paid in connection with the redemption premium on the senior notes during the first half of 2013.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Transactions with Third Party [Line Items]
Software costs reimbursement, Carrying Amount		$ 1,428
Letter of credit issued by Popular	$ 4,200
Software packages [Member]
Transactions with Third Party [Line Items]
Expected reimbursement asset recorded on merger date	$ 11,200
Expected reimbursement asset, period	5 years
Software packages [Member] | Current Asset [Member]
Transactions with Third Party [Line Items]
Software costs reimbursement, Carrying Amount		$ 1,400
Apollo Management [Member]
Transactions with Third Party [Line Items]
Termination fee	$ 8,500
Popular [Member]
Transactions with Third Party [Line Items]
Termination fee	$ 8,200
Service contract period	15 years

Related Party Transactions - Su

Related Party Transactions - Summary of Balances of Transactions with Related Parties (Detail) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Related Party Transactions [Abstract]
Cash and restricted cash deposits in affiliated bank		$ 23,872	$ 13,566
Indemnification assets from Popular reimbursement
Accounts receivable	[1]		1,428
Other due/to from affiliate
Accounts receivable		20,196	17,006
Prepaid expenses and other assets		867	398
Accounts payable	[2]	2,687	5,260
Unearned income		11,970	9,385
Other long-term liabilities	[2]	$ 14	$ 45
[1]	Recorded in connection with reimbursement from Popular regarding certain software license fees.
[2]	Includes an account payable of $32,000 and $0.2 million and a long-term liability of $14,000 and $45,000 for December 31, 2015 and 2014, respectively, related to the unvested portion of stock options as a result of the equitable adjustment approved by the Company's Board of Directors on December 18, 2012 that will be payable to executive officers and employees upon vesting of stock options.

Related Party Transactions -103

Related Party Transactions - Summary of Balances of Transactions with Related Parties (Parenthetical) (Detail) - USD ($)		Dec. 31, 2015	Dec. 31, 2014
Transactions with Third Party [Line Items]
Accounts payable	[1]	$ 2,687,000	$ 5,260,000
Other long-term liabilities	[1]	14,000	45,000
Unvested Stock Options [Member]
Transactions with Third Party [Line Items]
Accounts payable		32,000	200,000
Other long-term liabilities		$ 14,000	$ 45,000
[1]	Includes an account payable of $32,000 and $0.2 million and a long-term liability of $14,000 and $45,000 for December 31, 2015 and 2014, respectively, related to the unvested portion of stock options as a result of the equitable adjustment approved by the Company's Board of Directors on December 18, 2012 that will be payable to executive officers and employees upon vesting of stock options.

Commitments and Contingencies -

Commitments and Contingencies - Future Minimum Rental Payments on Operating Leases (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Operating Leased Assets [Line Items]
2,016	$ 4,670
2,017	4,611
2,018	4,491
2,019	4,618
2020 and thereafter	1,163
Total Future minimum rental payments	19,553
Unrelated Parties [Member]
Operating Leased Assets [Line Items]
2,016	444
2,017	259
2,018	8
Total Future minimum rental payments	711
Related Party [Member]
Operating Leased Assets [Line Items]
2,016	4,226
2,017	4,352
2,018	4,483
2,019	4,618
2020 and thereafter	1,163
Total Future minimum rental payments	$ 18,842

Commitments and Contingencie105

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Commitments and Contingencies [Line Items]
Rent expense of office facilities and real estate	$ 8.1	$ 8.2	$ 7.7
Rent expense for telecommunications and other equipment	5.4	$ 6.1	$ 7
Outstanding letter of credit	$ 0.9
Maximum [Member]
Commitments and Contingencies [Line Items]
Outstanding letter of credit, maturity term	3 months

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Segment	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Segment Reporting Information [Line Items]
Number of operating business segments | Segment	3
Amount of revenue from major customer of total revenue	$ 373,528	$ 361,788	$ 358,402
Major Customer [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Amount of revenue from major customer of total revenue	$ 167,300	$ 161,800	$ 164,400
Major Customer [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Revenue from next largest customer, percentage of total revenue	45.00%	45.00%	46.00%
Puerto Rico [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Revenue from next largest customer, percentage of total revenue	9.00%	10.00%	11.00%

Segment Information - Informati

Segment Information - Information about Operations by Business Segments (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Revenues		$ 373,528	$ 361,788	$ 358,402
Income from operations		103,360	96,987	86,246
Operating Segments [Member]
Segment Reporting Information [Line Items]
Income from operations		142,095	141,457	132,720
Operating Segments [Member] | Merchant Acquiring, net [Member]
Segment Reporting Information [Line Items]
Revenues		85,411	79,136	73,616
Income from operations		36,466	34,362	35,398
Operating Segments [Member] | Payment Processing [Member]
Segment Reporting Information [Line Items]
Revenues		136,566	131,381	125,610
Income from operations		55,429	58,796	54,635
Operating Segments [Member] | Business Solutions [Member]
Segment Reporting Information [Line Items]
Revenues		179,797	177,939	184,682
Income from operations		50,200	48,299	42,687
Segment Reconciling Items [Member]
Segment Reporting Information [Line Items]
Income from operations	[1]	(38,735)	(44,470)	(46,474)
Other [Member]
Segment Reporting Information [Line Items]
Revenues	[2]	$ (28,246)	$ (26,668)	$ (25,506)
[1]	Primarily represents non-operating depreciation and amortization expenses generated as a result of the Merger and certain non-recurring fees and expenses.
[2]	Represents the elimination of intersegment revenues for services provided by the Payment Processing segment to the Merchant Acquiring segment, and other miscellaneous intersegment revenues.

Segment Information - Reconcili

Segment Information - Reconciliation of Income from Operations to Consolidated Net Income (Loss) (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment income from operations
Income from operations		$ 103,360	$ 96,987	$ 86,246
Interest expense, net		(23,771)	(25,444)	(37,181)
Earnings of equity method investment		147	1,140	935
Other income (expenses)		2,306	2,375	(75,682)
Income tax benefit (expense)		3,335	(8,901)	(1,435)
Net income (loss)		85,377	66,157	(27,117)
Operating Segments [Member]
Segment income from operations
Income from operations		142,095	141,457	132,720
Operating Segments [Member] | Merchant Acquiring, net [Member]
Segment income from operations
Income from operations		36,466	34,362	35,398
Operating Segments [Member] | Payment Processing [Member]
Segment income from operations
Income from operations		55,429	58,796	54,635
Operating Segments [Member] | Business Solutions [Member]
Segment income from operations
Income from operations		50,200	48,299	42,687
Segment Reconciling Items [Member]
Segment income from operations
Income from operations	[1]	$ (38,735)	$ (44,470)	$ (46,474)
[1]	Primarily represents non-operating depreciation and amortization expenses generated as a result of the Merger and certain non-recurring fees and expenses.

Segment Information - Geographi

Segment Information - Geographic Segment Information Based on Geographic Location of Subsidiaries (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Revenues		$ 373,528	$ 361,788	$ 358,402
Puerto Rico [Member]
Revenues
Revenues	[1]	322,319	313,228	309,735
Caribbean [Member]
Revenues
Revenues	[1]	12,154	13,752	16,225
Latin America [Member]
Revenues
Revenues	[1]	$ 39,055	$ 34,808	$ 32,442
[1]	Revenues are based on subsidiaries' country of domicile.

Quarterly Financial Informat110

Quarterly Financial Information - Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current Assets:
Cash	$ 28,747				$ 32,114				$ 22,275	$ 25,634
Restricted cash	11,818				5,218
Accounts receivable, net	73,715				70,684
Deferred tax asset	1,685				1,053
Prepaid expenses and other assets	18,758				20,078
Total current assets	134,723				129,147
Investment in equity investee	12,264				11,756
Property and equipment, net	34,128				29,535
Goodwill	368,133				368,837				373,119	372,307
Other intangible assets, net	312,059				334,628
Other long-term assets	8,795				11,418
Total assets	870,102				885,321
Current Liabilities:
Accrued liabilities	37,308				26,052
Accounts payable	21,216				17,753
Unearned income	2,877				3,296
Income tax payable	1,350				1,956
Current portion of long-term debt	22,750				19,000
Short-term borrowings	17,000				23,000
Total current liabilities	102,501				91,057
Long-term debt	625,745				647,579
Long-term deferred tax liability	20,614				23,072
Unearned income-long-term	10,939				8,312
Other long-term liabilities	12,089				20,461
Total liabilities	$ 771,888				$ 790,481
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
Common stock, par value $0.01; 206,000,000 shares authorized	$ 750				$ 779
Additional paid-in capital	9,718				59,740
Accumulated earnings	95,328				40,843
Accumulated other comprehensive loss, net of tax	(7,582)				(6,522)
Total stockholders' equity	98,214				94,840				87,972	101,593
Total liabilities and stockholders' equity	$ 870,102				885,321
As Previously Reported [Member]
Current Assets:
Cash		$ 40,401	$ 38,837	$ 32,430	32,114	$ 29,226	$ 27,831	$ 27,242	22,485	25,634
Restricted cash		13,547	6,262	6,924	5,718	6,126	5,195	5,247
Accounts receivable, net		68,429	71,091	78,745	75,810	68,969	71,479	68,403
Deferred tax asset		6,921	2,323	2,899	399	3,378	2,812	3,823
Prepaid expenses and other assets		20,736	21,678	21,659	20,565	21,880	21,846	18,919
Total current assets		150,034	140,191	142,657	134,606	129,579	129,163	123,634
Investment in equity investee		12,281	12,251	11,903	11,756	11,492	11,287	10,895
Property and equipment, net		33,281	31,627	28,080	29,535	29,482	29,371	30,494
Goodwill		368,543	368,911	369,171	368,837	369,304	369,203	369,101
Other intangible assets, net		309,680	317,431	323,941	334,584	338,248	347,114	355,801
Other long-term assets		9,078	9,880	10,227	10,917	12,335	13,745	15,958
Total assets		882,897	880,291	885,979	890,235	890,440	899,883	905,883
Current Liabilities:
Accrued liabilities		32,917	29,275	27,650	26,052	26,023	29,159	28,057
Accounts payable		22,417	19,133	19,396	22,879	14,748	14,256	12,107
Unearned income		11,683	11,734	11,118	9,825	8,866	8,498	7,213
Income tax payable		62	81	712	1,956	1,945	1,801	1,762
Current portion of long-term debt		20,875	19,000	19,000	19,000	19,000	19,000	19,000
Short-term borrowings		18,000	4,000	20,000	23,000	8,000	23,000	40,600
Deferred tax liability			111	405	1,799	350	461	356
Total current liabilities		105,954	83,334	98,281	104,511	78,932	96,175	109,095
Long-term debt		632,137	638,530	643,053	647,579	652,102	656,626	661,153
Long-term deferred tax liability		23,858	19,255	19,708	15,674	20,308	20,702	20,767
Other long-term liabilities		2,695	2,856	2,552	2,898	238	251	301
Total liabilities		$ 764,644	$ 743,975	$ 763,594	$ 770,662	$ 751,580	$ 773,754	$ 791,316
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
Common stock, par value $0.01; 206,000,000 shares authorized		$ 762	$ 775	$ 774	$ 779	$ 787	$ 786	$ 784
Additional paid-in capital		28,502	51,914	50,403	59,740	83,296	82,167	81,332
Accumulated earnings		95,038	89,347	76,841	65,576	60,924	49,701	39,770
Accumulated other comprehensive loss, net of tax		(6,049)	(5,720)	(5,633)	(6,522)	(6,147)	(6,525)	(7,319)
Total stockholders' equity		118,253	136,316	122,385	119,573	138,860	126,129	114,567
Total liabilities and stockholders' equity		882,897	880,291	885,979	890,235	890,440	899,883	905,883
Other Insignificant Corrective Adjustments [Member]
Current Assets:
Deferred tax asset		(5,219)	(481)	(1,298)	755	(856)	125	(78)
Prepaid expenses and other assets		(1,020)	(478)	(326)	259	1,260	84	831
Total current assets		(6,239)	(959)	(1,624)	1,014	404	209	753
Total assets		(6,239)	(959)	(1,624)	1,014	404	209	753
Current Liabilities:
Deferred tax liability			802	508	(886)	(350)	(461)	(356)
Total current liabilities			802	508	(886)	(350)	(461)	(356)
Long-term deferred tax liability		(1,514)	2,765	2,983	7,398	5,151	6,062	6,780
Other long-term liabilities		8,360	19,591	18,476	17,563	17,279	16,208	15,495
Total liabilities		$ 6,846	$ 23,158	$ 21,967	$ 24,075	$ 22,080	$ 21,809	$ 21,919
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
Accumulated earnings		$ (13,085)	$ (24,117)	$ (23,591)	$ (23,061)	$ (21,676)	$ (21,600)	$ (21,166)
Total stockholders' equity		(13,085)	(24,117)	(23,591)	(23,061)	(21,676)	(21,600)	(21,166)
Total liabilities and stockholders' equity		(6,239)	(959)	(1,624)	1,014	404	209	753
Other Insignificant Corrective Adjustments [Member]
Current Assets:
Cash									(210)
Restricted cash					(500)	(500)	(500)	(500)
Accounts receivable, net		(2,416)	(2,794)	(2,764)	(5,126)	(2,419)	(2,441)	(2,030)
Deferred tax asset		(101)	(101)	(101)	(101)
Prepaid expenses and other assets		(758)	(774)	(853)	(746)	(379)	(214)	(182)
Total current assets		(3,275)	(3,669)	(3,718)	(6,473)	(3,298)	(3,155)	(2,712)
Other intangible assets, net					44	303
Other long-term assets					501	500	500	500
Total assets		(3,275)	(3,669)	(3,718)	(5,928)	(2,495)	(2,655)	(2,212)
Current Liabilities:
Accrued liabilities		(282)
Accounts payable		(2,416)	(2,376)	(2,764)	(5,126)	(2,420)	(2,903)	(2,490)
Unearned income		(8,799)	(8,507)	(7,535)	(6,529)	(6,212)	(5,508)	(4,309)
Deferred tax liability			(913)	(913)	(913)
Total current liabilities		(11,497)	(11,796)	(11,212)	(12,568)	(8,632)	(8,411)	(6,799)
Long-term deferred tax liability		(913)
Unearned income-long-term		10,088	9,960	9,154	8,312	8,160	7,620	6,586
Total liabilities		$ (2,322)	$ (1,836)	$ (2,058)	$ (4,256)	$ (472)	$ (791)	$ (213)
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
Additional paid-in capital						$ 1,421	$ 1,422	$ 1,421
Accumulated earnings		$ (953)	$ (1,833)	$ (1,660)	$ (1,672)	(3,444)	(3,286)	(3,420)
Total stockholders' equity		(953)	(1,833)	(1,660)	(1,672)	(2,023)	(1,864)	(1,999)
Total liabilities and stockholders' equity		(3,275)	(3,669)	(3,718)	(5,928)	(2,495)	(2,655)	(2,212)
As Restated [Member]
Current Assets:
Cash		40,401	38,837	32,430	32,114	29,226	27,831	27,242	$ 22,275	$ 25,634
Restricted cash		13,547	6,262	6,924	5,218	5,626	4,695	4,747
Accounts receivable, net		66,013	68,297	75,981	70,684	66,550	69,038	66,373
Deferred tax asset		1,601	1,741	1,500	1,053	2,522	2,937	3,745
Prepaid expenses and other assets		18,958	20,426	20,480	20,078	22,761	21,716	19,568
Total current assets		140,520	135,563	137,315	129,147	126,685	126,217	121,675
Investment in equity investee		12,281	12,251	11,903	11,756	11,492	11,287	10,895
Property and equipment, net		33,281	31,627	28,080	29,535	29,482	29,371	30,494
Goodwill		368,543	368,911	369,171	368,837	369,304	369,203	369,101
Other intangible assets, net		309,680	317,431	323,941	334,628	338,551	347,114	355,801
Other long-term assets		9,078	9,880	10,227	11,418	12,835	14,245	16,458
Total assets		873,383	875,663	880,637	885,321	888,349	897,437	904,424
Current Liabilities:
Accrued liabilities		32,635	29,275	27,650	26,052	26,023	29,159	28,057
Accounts payable		20,001	16,757	16,632	17,753	12,328	11,353	9,617
Unearned income		2,884	3,227	3,583	3,296	2,654	2,990	2,904
Income tax payable		62	81	712	1,956	1,945	1,801	1,762
Current portion of long-term debt		20,875	19,000	19,000	19,000	19,000	19,000	19,000
Short-term borrowings		18,000	4,000	20,000	23,000	8,000	23,000	40,600
Total current liabilities		94,457	72,340	87,577	91,057	69,950	87,303	101,940
Long-term debt		632,137	638,530	643,053	647,579	652,102	656,626	661,153
Long-term deferred tax liability		21,431	22,020	22,691	23,072	25,459	26,764	27,547
Unearned income-long-term		10,088	9,960	9,154	8,312	8,160	7,620	6,586
Other long-term liabilities		11,055	22,447	21,028	20,461	17,517	16,459	15,796
Total liabilities		$ 769,168	$ 765,297	$ 783,503	$ 790,481	$ 773,188	$ 794,772	$ 813,022
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01; 2,000,000 shares authorized; none issued
Common stock, par value $0.01; 206,000,000 shares authorized		$ 762	$ 775	$ 774	$ 779	$ 787	$ 786	$ 784
Additional paid-in capital		28,502	51,914	50,403	59,740	84,717	83,589	82,753
Accumulated earnings		81,000	63,397	51,590	40,843	35,804	24,815	15,184
Accumulated other comprehensive loss, net of tax		(6,049)	(5,720)	(5,633)	(6,522)	(6,147)	(6,525)	(7,319)
Total stockholders' equity		104,215	110,366	97,134	94,840	115,161	102,665	91,402
Total liabilities and stockholders' equity		$ 873,383	$ 875,663	$ 880,637	$ 885,321	$ 888,349	$ 897,437	$ 904,424

Quarterly Financial Informat111

Quarterly Financial Information - Balance Sheets (Parenthetical) (Detail) - $ / shares	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014
Quarterly Financial Information [Line Items]
Preferred stock par value	$ 0.01				$ 0.01
Preferred stock authorized	2,000,000				2,000,000
Preferred stock issued	0				0
Common stock par value	$ 0.01				$ 0.01
Common stock authorized	206,000,000				206,000,000
As Restated [Member]
Quarterly Financial Information [Line Items]
Preferred stock par value		$ 0.01	$ 0.01	$ 0.01		$ 0.01	$ 0.01	$ 0.01
Preferred stock authorized		2,000,000	2,000,000	2,000,000		2,000,000	2,000,000	2,000,000
Preferred stock issued		0	0	0		0	0	0
Common stock par value		$ 0.01	$ 0.01	$ 0.01		$ 0.01	$ 0.01	$ 0.01
Common stock authorized		206,000,000	206,000,000	206,000,000,000		206,000,000	206,000,000	206,000,000

Quarterly Financial Informat112

Quarterly Financial Information - Income (Loss) and Comprehensive Income (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Merchant Acquiring, net												$ 85,411	$ 79,136	$ 73,616
Payment Processing												108,320	104,713	100,104
Business Solutions												179,797	177,939	184,682
Total revenues												373,528	361,788	358,402
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below												167,916	157,537	162,980
Selling, general and administrative expenses												37,278	41,276	38,810
Depreciation and amortization												64,974	65,988	70,366
Total operating costs and expenses												270,168	264,801	272,156
Income from operations												103,360	96,987	86,246
Non-operating income (expenses)
Interest income												495	328	236
Interest expense												(24,266)	(25,772)	(37,417)
Earnings of equity method investment												147	1,140	935
Other income												2,306	2,375	(500)
Total non-operating expenses												(21,318)	(21,929)	(111,928)
Income before income taxes												82,042	75,058	(25,682)
Income tax expense												(3,335)	8,901	1,435
Net income												85,377	66,157	(27,117)
Other comprehensive (loss) income, net of tax Foreign currency translation adjustments												(545)	(6,948)	1,268
Total comprehensive income (loss)												$ 84,317	$ 59,209	$ (25,849)
Net income per common share-basic												$ 1.11	$ 0.84	$ (0.34)
Net income per common share-diluted												$ 1.11	$ 0.84	$ (0.34)
As Previously Reported [Member]
Revenues
Merchant Acquiring, net	$ 20,784	$ 21,165	$ 20,091	$ 20,791	$ 19,227	$ 19,827	$ 19,291	$ 41,256	$ 39,118	$ 62,041	$ 58,345		$ 79,136	$ 73,616
Payment Processing	27,502	26,759	26,377	27,732	25,848	26,618	25,225	53,136	51,843	80,638	77,691		105,423	100,104
Business Solutions	44,492	45,317	44,864	44,961	43,804	44,888	42,917	90,181	87,805	134,672	131,609		176,570	184,297
Total revenues	92,778	93,241	91,332	93,484	88,879	91,333	87,433	184,573	178,766	277,351	267,645		361,129	358,017
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	44,821	40,665	39,795	40,736	38,862	39,051	37,868	80,460	76,919	125,280	115,781		156,517	163,080
Selling, general and administrative expenses	10,428	8,948	7,703	15,647	7,104	10,463	8,062	16,651	18,525	27,079	25,629		41,276	38,810
Depreciation and amortization	16,934	16,006	16,828	16,531	16,453	16,390	16,614	32,834	33,004	49,767	49,457		65,988	70,366
Total operating costs and expenses	72,183	65,619	64,326	72,914	62,419	65,904	62,544	129,945	128,448	202,126	190,867		263,781	272,256
Income from operations	20,595	27,622	27,006	20,570	26,460	25,429	24,889	54,628	50,318	75,225	76,778		97,348	85,761
Non-operating income (expenses)
Interest income	140	127	104	83	91	79	75	231	154	371	245		328	236
Interest expense	(6,003)	(6,210)	(6,201)	(6,301)	(6,370)	(6,501)	(6,909)	(12,411)	(13,410)	(18,414)	(19,780)		(26,081)	(37,861)
Earnings of equity method investment	(3)	84	115	235	241	343	321	199	664	196	905		1,140	935
Other income	381	764	285	248	(249)	385	1,991	1,049	2,376	1,430	2,127		2,375	(75,682)
Total non-operating expenses	(5,485)	(5,235)	(5,697)	(5,735)	(6,287)	(5,694)	(4,522)	(10,932)	(10,216)	(16,417)	(16,503)		(22,238)	(112,372)
Income before income taxes	15,110	22,387	21,309	14,835	20,173	19,735	20,367	43,696	40,102	58,808	60,275		75,110	(26,611)
Income tax expense	1,687	2,120	2,246	2,373	1,082	1,962	2,161	4,366	4,123	6,053	5,205		7,578	(1,990)
Net income	13,423	20,267	19,063	12,462	19,091	17,773	18,206	39,330	35,979	52,755	55,070		67,532	(24,621)
Other comprehensive (loss) income, net of tax Foreign currency translation adjustments	84	(87)	889	(6,573)	378	794	(7,745)	802	(6,951)	473	(6,573)		(6,948)	1,268
Total comprehensive income (loss)	$ 13,507	$ 20,180	$ 19,952	$ 5,889	$ 19,469	$ 18,567	$ 10,461	$ 40,132	$ 29,028	$ 53,228	$ 48,497		$ 60,584	$ (23,353)
Net income per common share-basic	$ 0.17	$ 0.26	$ 0.25	$ 0.16	$ 0.24	$ 0.23	$ 0.23	$ 0.51	$ 0.46	$ 0.68	$ 0.70		$ 0.86	$ (0.31)
Net income per common share-diluted	$ 0.17	$ 0.26	$ 0.24	$ 0.16	$ 0.24	$ 0.22	$ 0.23	$ 0.51	$ 0.45	$ 0.68	$ 0.70		$ 0.86	$ (0.31)
Other Insignificant Corrective Adjustments [Member]
Non-operating income (expenses)
Income tax expense	$ (11,034)	$ 525	$ 529	$ 1,387	$ 77	$ 433	$ 239	$ 1,054	$ 672	$ (9,979)	$ 748		$ 2,135	$ 3,425
Net income	11,034	(525)	(529)	(1,387)	(77)	(433)	(239)	(1,054)	(672)	9,979	(748)		(2,135)	(3,425)
Total comprehensive income (loss)	$ 11,034	$ (525)	$ (529)	$ (1,387)	(77)	$ (433)	(239)	$ (1,054)	$ (672)	$ 9,979	$ (748)		$ (2,135)	$ (3,425)
Net income per common share-basic	$ 0.15	$ (0.01)	$ (0.01)	$ (0.02)		$ (0.01)		$ (0.02)	$ (0.01)	$ 0.13			$ (0.02)	$ (0.03)
Net income per common share-diluted	$ 0.15	$ (0.01)		$ (0.02)				$ (0.02)	$ (0.01)	$ 0.13	$ (0.01)		$ (0.02)	$ (0.03)
Other Insignificant Corrective Adjustments [Member]
Revenues
Payment Processing				$ (710)									$ (710)
Business Solutions	$ 163	$ 164	$ 165	875	165	$ 164	165	$ 329	$ 329	$ 493	$ 494		1,369	$ 385
Total revenues	163	164	165	165	165	164	165	329	329	493	494		659	385
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	(680)	339	155	623	324	31	42	494	73	(185)	397		1,020	(100)
Selling, general and administrative expenses	(36)			(1,421)			1,421		1,422	(36)	1,421
Total operating costs and expenses	(716)	339	155	(798)	324	31	1,463	494	1,495	(221)	1,818		1,020	(100)
Income from operations	879	(175)	10	963	(159)	133	(1,298)	(165)	(1,166)	714	(1,324)		(361)	485
Non-operating income (expenses)
Interest expense							309		308		308		309	444
Total non-operating expenses							309		308		308		309	444
Income before income taxes	879	(175)	10	963	(159)	133	(989)	(165)	(858)	714	(1,016)		(52)	929
Income tax expense				(812)									(812)
Net income	879	(175)	10	1,775	(159)	133	(989)	(165)	(858)	714	(1,016)		760	929
Total comprehensive income (loss)	$ 879	(175)	10	$ 1,775	(159)	133	$ (989)	(165)	$ (858)	$ 714	$ (1,016)		760	929
Net income per common share-basic	$ 0.01			$ 0.02			$ (0.01)		$ (0.01)	$ 0.01	$ (0.02)
Net income per common share-diluted	$ 0.01			$ 0.02			$ (0.02)		$ (0.01)	$ 0.01	$ (0.02)
As Restated [Member]
Revenues
Merchant Acquiring, net	$ 20,784	21,165	20,091	$ 20,791	19,227	19,827	$ 19,291	41,256	$ 39,118	$ 62,041	$ 58,345		79,136	73,616
Payment Processing	27,502	26,759	26,377	27,022	25,848	26,618	25,225	53,136	51,843	80,638	77,691		104,713	100,104
Business Solutions	44,655	45,481	45,029	45,836	43,969	45,052	43,082	90,510	88,134	135,165	132,103		177,939	184,682
Total revenues	92,941	93,405	91,497	93,649	89,044	91,497	87,598	184,902	179,095	277,844	268,139		361,788	358,402
Operating costs and expenses
Cost of revenues, exclusive of depreciation and amortization shown below	44,141	41,004	39,950	41,359	39,186	39,082	37,910	80,954	76,992	125,095	116,178		157,537	162,980
Selling, general and administrative expenses	10,392	8,948	7,703	14,226	7,104	10,463	9,483	16,651	19,947	27,043	27,050		41,276	38,810
Depreciation and amortization	16,934	16,006	16,828	16,531	16,453	16,390	16,614	32,834	33,004	49,767	49,457		65,988	70,366
Total operating costs and expenses	71,467	65,958	64,481	72,116	62,743	65,935	64,007	130,439	129,943	201,905	192,685		264,801	272,156
Income from operations	21,474	27,447	27,016	21,533	26,301	25,562	23,591	54,463	49,152	75,939	75,454		96,987	86,246
Non-operating income (expenses)
Interest income	140	127	104	83	91	79	75	231	154	371	245		328	236
Interest expense	(6,003)	(6,210)	(6,201)	(6,301)	(6,370)	(6,501)	(6,600)	(12,411)	(13,102)	(18,414)	(19,472)		(25,772)	(37,417)
Earnings of equity method investment	(3)	84	115	235	241	343	321	199	664	196	905		1,140	935
Other income	381	764	285	248	(249)	385	1,991	1,049	2,376	1,430	2,127		2,375	(75,682)
Total non-operating expenses	(5,485)	(5,235)	(5,697)	(5,735)	(6,287)	(5,694)	(4,213)	(10,932)	(9,908)	(16,417)	(16,195)		(21,929)	(111,928)
Income before income taxes	15,989	22,212	21,319	15,798	20,014	19,868	19,378	43,531	39,244	59,522	59,259		75,058	(25,682)
Income tax expense	(9,347)	2,645	2,775	2,948	1,159	2,395	2,400	5,420	4,795	(3,926)	5,953		8,901	1,435
Net income	25,336	19,567	18,544	12,850	18,855	17,473	16,978	38,111	34,449	63,448	53,306		66,157	(27,117)
Other comprehensive (loss) income, net of tax Foreign currency translation adjustments	84	(87)	889	(6,573)	378	794	(7,745)	802	(6,951)	473	(6,573)		(6,948)	1,268
Total comprehensive income (loss)	$ 25,420	$ 19,480	$ 19,433	$ 6,277	$ 19,233	$ 18,267	$ 9,233	$ 38,913	$ 27,498	$ 63,921	$ 46,733		$ 59,209	$ (25,849)
Net income per common share-basic	$ 0.33	$ 0.25	$ 0.24	$ 0.16	$ 0.24	$ 0.22	$ 0.22	$ 0.49	$ 0.44	$ 0.82	$ 0.68		$ 0.84	$ (0.34)
Net income per common share-diluted	$ 0.33	$ 0.25	$ 0.24	$ 0.16	$ 0.24	$ 0.22	$ 0.21	$ 0.49	$ 0.43	$ 0.82	$ 0.67		$ 0.84	$ (0.34)

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($)	May. 11, 2016	Apr. 14, 2016	Feb. 17, 2016	Sep. 30, 2010
Subsequent Event [Line Items]
Purchase share capital of Processa, SAS, percentage				51.00%
Subsequent Events [Member]
Subsequent Event [Line Items]
Cash dividend declared per common share	$ 0.10		$ 0.10
Common stock dividends payable, date to be paid	Jun. 10, 2016		Mar. 17, 2016
Common stock dividends payable, date of record	May 23, 2016		Feb. 29, 2016
Repurchase authorization increased amount			$ 100,000,000
Stock repurchase program expiration date			Dec. 31, 2017
Repurchase authorization			$ 120,000,000
Purchase share capital of Processa, SAS, percentage			65.00%
Increase in Interest rate applicable to loans under credit agreement		0.50%
Increase in additional interest rate applicable to loan under credit agreement		0.25%
Dividend payable per share		$ 0.10
Debt instrument fee percentage		0.50%

Condensed Balance Sheets (Detai

Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current Assets:
Cash	$ 28,747	$ 32,114	$ 22,275	$ 25,634
Accounts receivable, net	73,715	70,684
Prepaid expenses and other assets	18,758	20,078
Deferred tax asset	1,685	1,053
Total current assets	134,723	129,147
Investment in subsidiaries, at equity	12,264	11,756
Total assets	870,102	885,321
Current Liabilities:
Accrued liabilities	37,308	26,052
Accounts payable	21,216	17,753
Income tax payable	1,350	1,956
Total current liabilities	102,501	91,057
Long-term deferred tax liability	20,614	23,072
Other long-term liabilities	12,089	20,461
Total liabilities	771,888	790,481
Stockholders' equity:
Common Stock	750	779
Additional paid-in capital	9,718	59,740
Accumulated earnings	95,328	40,843
Accumulated other comprehensive loss, net of tax of $0 and $0	(7,582)	(6,522)
Total stockholders' equity	98,214	94,840	87,972	101,593
Total liabilities and stockholders' equity	870,102	885,321
EVERTEC [Member]
Current Assets:
Cash	1,673	1,612	$ 1,285	$ 557
Accounts receivable, net	2,068	3,224
Prepaid expenses and other assets	109	3,949
Deferred tax asset	849	771
Total current assets	4,699	9,556
Investment in subsidiaries, at equity	119,605	120,535
Total assets	124,304	130,091
Current Liabilities:
Accrued liabilities	221	49
Accounts payable	47	5
Income tax payable	1,111
Total current liabilities	1,379	54
Long-term deferred tax liability	15,484	17,588
Other long-term liabilities	9,227	17,609
Total liabilities	26,090	35,251
Stockholders' equity:
Common Stock	750	779
Additional paid-in capital	9,718	59,740
Accumulated earnings	95,328	40,843
Accumulated other comprehensive loss, net of tax of $0 and $0	(7,582)	(6,522)
Total stockholders' equity	98,214	94,840
Total liabilities and stockholders' equity	$ 124,304	$ 130,091

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
EVERTEC [Member]
Condensed Financial Statements, Captions [Line Items]
Accumulated other comprehensive loss, tax	$ 0	$ 0

Condensed Statements of Income

Condensed Statements of Income (Loss) and Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014		Dec. 31, 2013
Non-operating income (expenses)
Equity in earnings (losses) of subsidiaries	$ 147	$ 1,140		$ 935
Interest income	495	328		236
Other expenses	2,306	2,375		(75,682)
Total non-operating expenses	(21,318)	(21,929)		(111,928)
Income (loss) before income taxes	82,042	75,058		(25,682)
Income tax (benefit) expense	(3,335)	8,901		1,435
Net income (loss)	85,377	66,157		(27,117)
Other comprehensive income (loss), net of tax Foreign currency translation adjustments	(545)	(6,948)		1,268
Loss on cash flow hedge	(515)
Total comprehensive income (loss)	84,317	59,209		(25,849)
EVERTEC [Member]
Non-operating income (expenses)
Equity in earnings (losses) of subsidiaries	81,161	74,081	[1]	(22,738)	[1]
Interest income	232	227	[1]	144	[1]
Other expenses	(1,686)	(1,994)	[1]	(4,780)	[1]
Total non-operating expenses	79,707	72,314	[1]	(27,374)	[1]
Income (loss) before income taxes	79,707	72,314	[1]	(27,374)	[1]
Income tax (benefit) expense	(5,670)	6,157	[1]	(257)	[1]
Net income (loss)	85,377	66,157	[1]	(27,117)	[1]
Other comprehensive income (loss), net of tax Foreign currency translation adjustments	(545)	(6,948)	[1]	1,268	[1]
Loss on cash flow hedge	(515)
Total comprehensive income (loss)	$ 84,317	$ 59,209	[1]	$ (25,849)	[1]
[1]	(1) The net impact of the Restatement for the year ended December 31, 2014 was a decrease in Net income of $1.4 million. For the year ended December 31, 2013, net loss increased by $2.5 million as a result of the Restatement. Please refer to Note 1 for a detailed description of adjustments posted and an explanation of the main restatement issue.

Condensed Statements of Inco117

Condensed Statements of Income (Loss) and Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
As Restated [Member]
Condensed Financial Statements, Captions [Line Items]
Net income loss, period increase (decrease)	$ (1.4)	$ (2.5)

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Cash flows from operating activities	$ 162,419	$ 139,819	$ 62,610
Cash flows from financing activities
Proceeds from initial public offering, net of offering costs of $12,567			112,432
Dividends paid	(30,921)	(31,359)	(16,390)
Repurchase of common stock	(54,949)	(26,197)	(75,000)
Statutory minimum withholding taxes paid on share-based compensation	(306)	(2,001)	(16,851)
Tax windfall benefits on share-based compensation		3,669	1,829
Issuance of common stock		543	29
Settlement of stock options		(1,604)
Net cash (used in) provided by financing activities	(112,718)	(104,149)	(37,072)
Net (decrease) increase in cash	(3,367)	9,839	(3,359)
Cash at beginning of the period	32,114	22,275	25,634
Cash at end of the period	28,747	32,114	22,275
EVERTEC [Member]
Condensed Financial Statements, Captions [Line Items]
Cash flows from operating activities	86,237	57,276	(5,321)
Cash flows from financing activities
Proceeds from initial public offering, net of offering costs of $12,567			112,432
Dividends paid	(30,921)	(31,359)	(16,390)
Repurchase of common stock	(54,949)	(26,197)	(75,000)
Statutory minimum withholding taxes paid on share-based compensation	(306)	(2,001)	(16,851)
Tax windfall benefits on share-based compensation		3,669	1,829
Issuance of common stock		543	29
Settlement of stock options		(1,604)
Net cash (used in) provided by financing activities	(86,176)	(56,949)	6,049
Net (decrease) increase in cash	61	327	728
Cash at beginning of the period	1,612	1,285	557
Cash at end of the period	$ 1,673	$ 1,612	$ 1,285

Condensed Statements of Cash119

Condensed Statements of Cash Flows (Parenthetical) (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)
Condensed Financial Statements, Captions [Line Items]
Proceeds from initial public offering, net of cost of offering	$ 12,567
EVERTEC [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from initial public offering, net of cost of offering	$ 12,567