EVO Payments (EVOP) 10-Q 4 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 25, 2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-38504
Entity Registrant Name	EVO Payments, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-1304484
Entity Address, Address Line One	Ten Glenlake Parkway
Entity Address, Address Line Two	South Tower, Suite 950
Entity Address, City or Town	Atlanta
Entity Address, Country	GE
Entity Address, Postal Zip Code	30328
City Area Code	770
Local Phone Number	336-8463
Title of 12(b) Security	Class A common stock, par value $0.0001 per share
Trading Symbol	EVOP
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001704596
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Entity Common Stock, Shares Outstanding		47,955,470
Class D Common Stock
Entity Common Stock, Shares Outstanding		3,783,074
Common Units
Entity Common Stock, Shares Outstanding		32,163,538

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 438,655	$ 410,368
Accounts receivable, net	16,709	16,065
Other receivables	20,148	18,087
Inventory	5,666	4,210
Settlement processing assets	351,599	311,681
Other current assets	26,201	20,514
Total current assets	858,978	780,925
Equipment and improvements, net	66,577	68,506
Goodwill, net	381,186	385,651
Intangible assets, net	193,761	200,726
Deferred tax assets	242,868	238,261
Operating lease right-of-use assets	39,165	34,704
Investment in equity securities, at fair value	23,095	25,398
Other assets	19,867	19,214
Total assets	1,825,497	1,753,385
Current liabilities:
Settlement lines of credit	8,255	7,887
Current portion of long-term debt	14,092	14,058
Accounts payable	10,881	6,889
Accrued expenses and other current liabilities	123,785	127,060
Settlement processing obligations	480,475	422,109
Current portion of operating lease liabilities, inclusive of related party liability of $1.3 million at June 30, 2022 and December 31, 2021	7,243	7,122
Total current liabilities	644,731	585,125
Long-term debt, net of current portion	568,497	568,632
Deferred tax liabilities	25,207	22,207
Tax receivable agreement obligations, inclusive of related party liability of $169.4 million at June 30, 2022 and December 31, 2021	180,143	180,143
Operating lease liabilities, net of current portion, inclusive of related party liability of $0.1 million and $1.0 million at June 30, 2022 and December 31, 2021, respectively	33,609	28,948
Other long-term liabilities	11,572	7,891
Total liabilities	1,463,759	1,392,946
Commitments and contingencies
Redeemable non-controlling interests	958,908	1,029,090
Redeemable preferred stock (par value, $0.0001 per share), Authorized, Issued and Outstanding - 152,250 shares at June 30, 2022 and December 31, 2021. Liquidation preference: $173,329 and $168,309 at June 30, 2022 and December 31, 2021, respectively	169,144	164,007
Shareholders' equity (deficit):
Additional paid-in capital
Accumulated deficit attributable to Class A common stock	(584,534)	(652,871)
Accumulated other comprehensive loss	(12,747)	(9,154)
Total EVO Payments, Inc. shareholders' deficit	(597,276)	(662,020)
Nonredeemable non-controlling interests	(169,038)	(170,638)
Total deficit	(766,314)	(832,658)
Total liabilities, redeemable non-controlling interests, redeemable preferred stock, and shareholders' deficit	1,825,497	1,753,385
Class A Common Stock
Shareholders' equity (deficit):
Common stock	5	5
Class D Common Stock
Shareholders' equity (deficit):
Common stock

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Operating lease liabilities, related party current	$ 1,300	$ 1,300
Tax receivable agreement, related party	169,400	169,400
Operating lease liabilities, related party non current	$ 100	$ 1,000
Redeemable preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Redeemable preferred stock shares authorized (in shares)	152,250	152,250
Redeemable preferred stock shares issued (in shares)	152,250	152,250
Redeemable preferred stock shares outstanding (in shares)	152,250	152,250
Redeemable preferred stock liquidation preference	$ 173,329	$ 168,309
Class A Common Stock
Shareholders' equity (deficit):
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock shares authorized (in shares)	200,000,000	200,000,000
Common stock shares issued (in shares)	47,936,987	47,446,061
Common stock shares outstanding (in shares)	47,936,987	47,446,061
Class D Common Stock
Shareholders' equity (deficit):
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock shares authorized (in shares)	32,000,000	32,000,000
Common stock shares issued (in shares)	3,783,074	3,783,074
Common stock shares outstanding (in shares)	3,783,074	3,783,074

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
Revenue	$ 137,671	$ 122,235	$ 264,597	$ 228,415
Operating expenses:
Cost of services and products	22,431	18,028	44,447	35,155
Selling, general, and administrative	70,502	65,670	143,215	126,068
Depreciation and amortization	18,806	20,695	39,317	41,621
Total operating expenses	111,739	104,393	226,979	202,844
Income from operations	25,932	17,842	37,618	25,571
Other expense:
Interest income	638	329	1,460	570
Interest expense	(4,120)	(6,061)	(8,374)	(12,159)
(Loss) gain on investment in equity securities	(2,918)	2,506	(2,303)	2,266
Other expense, net	(532)	(794)	(886)	(719)
Total other expense	(6,932)	(4,020)	(10,103)	(10,042)
Income before income taxes	19,000	13,822	27,515	15,529
Income tax expense	(7,742)	(7,045)	(11,101)	(11,575)
Net income	11,258	6,777	16,414	3,954
Less: Net income attributable to non-controlling interests in consolidated entities	3,844	2,157	5,700	3,225
Less: Net income (loss) attributable to non-controlling interests of EVO Investco, LLC	3,061	1,457	3,778	(1,592)
Net income attributable to EVO Payments, Inc.	4,353	3,163	6,936	2,321
Less: Accrual of redeemable preferred stock paid-in-kind dividends	2,603	2,445	5,137	4,827
Net income (loss) attributable to Class A common stock	$ 1,750	$ 718	$ 1,799	$ (2,506)
Earnings per share
Basic	$ 0.03	$ 0.01	$ 0.03	$ (0.05)
Diluted	$ 0.03	$ 0.01	$ 0.03	$ (0.05)
Weighted-average Class A common stock outstanding
Basic	47,862,425	47,038,194	47,702,066	46,775,245
Diluted	48,615,132	47,038,194	47,702,066	46,775,245
Comprehensive income (loss):
Net income	$ 11,258	$ 6,777	$ 16,414	$ 3,954
Change in fair value of interest rate swap, net of tax	1,099	(78)	4,256	311
Change in fair value of cross currency swap, net of tax	568		568
Unrealized gain (loss) on foreign currency translation adjustment, net of tax	(22,782)	13,722	(21,837)	(8,049)
Other comprehensive income (loss)	(21,115)	13,644	(17,013)	(7,738)
Comprehensive income (loss)	(9,857)	20,421	(599)	(3,784)
Less: Comprehensive income attributable to non-controlling interests in consolidated entities	(551)	4,135	20	1,387
Less: Comprehensive income (loss) attributable to non-controlling interests of EVO Investco, LLC	(6,570)	6,803	(3,962)	(3,699)
Comprehensive income (loss) attributable to EVO Payments, Inc.	$ (2,736)	$ 9,483	$ 3,343	$ (1,472)

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
Change in fair value of interest rate swap, tax (expense) benefit	$ (0.1)	$ (0.1)	$ (0.6)	$ (0.1)
Change in fair value of cross currency swap, tax			(0.1)
Unrealized (loss) gain on foreign currency translation adjustment, tax (expense) benefit	$ 6	$ (0.6)	$ 7.5	$ (1.1)

Unaudited Condensed Consolida_5

Unaudited Condensed Consolidated Statements of Changes in Equity (Deficit) - USD ($) $ in Thousands	Total equity (deficit)	Total EVO Payments, Inc. equity/(deficit)	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Common Stock Class C Common Stock	Common Stock Class D Common Stock	Additional paid-in capital	Accumulated deficit attributable to Class A common stock	Accumulated other comprehensive income (loss)	Noncontrolling interests	Redeemable preferred stock	Total
Beginning balance at Dec. 31, 2020											$ 154,118
Beginning balance (shares) at Dec. 31, 2020											152,000
Redeemable Preferred Stock
Accrual of redeemable preferred stock paid-in-kind dividends											$ 2,382
Ending balance at Mar. 31, 2021											$ 156,500
Ending balance (shares) at Mar. 31, 2021											152,000
Beginning balance at Dec. 31, 2020	$ (859,218)	$ (674,156)	$ 5	$ 3				$ (675,209)	$ 1,045	$ (185,062)
Beginning balance (in shares) at Dec. 31, 2020			46,402,000	32,164,000	1,720,000	2,391,000
Statements of Changes in Equity
Net loss	(1,099)	(842)						(842)		(257)
Cumulative translation adjustment	(11,166)	(10,307)							(10,307)	(859)
Distributions	(161)									(161)
Share-based compensation expense	5,798	5,798					$ 5,798
Vesting of equity awards	(2,383)	(2,383)					(2,383)
Vesting of equity awards (in shares)			149,000
Exercise of stock options	2,813	2,813					2,813
Exercise of stock options (in shares)			136,000
Exchanges of Class C and Class D common stock for Class A common stock		(7,193)					(7,193)			7,193
Exchanges of Class C and Class D common stock for Class A common stock (in shares)			157,000		(82,000)	(75,000)
Deferred taxes in connection with increase in ownership of EVO Investco, LLC	113	113					113
Tax receivable agreement in connection with share exchanges	173	173					173
Accrual of redeemable preferred stock paid-in-kind dividends	(2,382)	(2,382)					(2,382)
Change in fair value of interest rate swap	216	194							194	22
eService redeemable non-controlling interest fair value adjustment	10,028	9,247						9,247		781
Blueapple redeemable non-controlling interest fair value adjustment	(19,377)	(17,869)						(17,869)		(1,508)		$ 19,377
Reclassification of additional paid-in-capital to accumulated deficit							3,061	(3,061)
Ending balance at Mar. 31, 2021	(876,645)	(696,794)	$ 5	$ 3				(687,734)	(9,068)	(179,851)
Ending balance (in shares) at Mar. 31, 2021			46,844,000	32,164,000	1,638,000	2,316,000
Beginning balance at Dec. 31, 2020												1,055,633
Redeemable non-controlling interests
Net income												(1,724)
Cumulative translation adjustment												(10,605)
Contributions												488
Distributions												(8,500)
Change in fair value of interest rate swap												173
Blueapple redeemable non-controlling interest fair value adjustment												(10,028)
Ending balance at Mar. 31, 2021												1,044,814
Beginning balance at Dec. 31, 2020											$ 154,118
Beginning balance (shares) at Dec. 31, 2020											152,000
Ending balance at Dec. 31, 2021											$ 164,007	$ 164,007
Ending balance (shares) at Dec. 31, 2021											152,000	152,250
Beginning balance at Dec. 31, 2020	(859,218)	(674,156)	$ 5	$ 3				(675,209)	1,045	(185,062)
Beginning balance (in shares) at Dec. 31, 2020			46,402,000	32,164,000	1,720,000	2,391,000
Ending balance at Dec. 31, 2021	(832,658)	(662,020)	$ 5					(652,871)	(9,154)	(170,638)		$ (832,658)
Ending balance (in shares) at Dec. 31, 2021			47,446,000			3,783,000
Beginning balance at Dec. 31, 2020												1,055,633
Redeemable non-controlling interests
Net income												8,781
Distributions												(13,655)
Ending balance at Dec. 31, 2021												1,029,090
Beginning balance at Mar. 31, 2021											$ 156,500
Beginning balance (shares) at Mar. 31, 2021											152,000
Redeemable Preferred Stock
Accrual of redeemable preferred stock paid-in-kind dividends											$ 2,445
Ending balance at Jun. 30, 2021											$ 158,945
Ending balance (shares) at Jun. 30, 2021											152,000
Beginning balance at Mar. 31, 2021	(876,645)	(696,794)	$ 5	$ 3				(687,734)	(9,068)	(179,851)
Beginning balance (in shares) at Mar. 31, 2021			46,844,000	32,164,000	1,638,000	2,316,000
Statements of Changes in Equity
Net loss	3,362	3,163						3,163		199
Cumulative translation adjustment	6,963	6,387							6,387	576
Distributions	(25)									(25)
Share-based compensation expense	6,489	6,489					6,489
Vesting of equity awards	(1,096)	(1,096)					(1,096)
Vesting of equity awards (in shares)			69,000
Exercise of stock options	4,529	4,529					4,529
Exercise of stock options (in shares)			278,000
Exchanges of Class C and Class D common stock for Class A common stock		(6,038)					(6,038)			6,038
Exchanges of Class C and Class D common stock for Class A common stock (in shares)			132,000		(39,000)	(93,000)
Conversion of Class C common stock to Class D common stock (in shares)					(1,599,000)	1,599,000
Cancellation of Class B common stock				$ (3)			3
Cancellation of Class B common stock (Shares)				(32,164,000)
Deferred taxes in connection with increase in ownership of EVO Investco, LLC	112	112					112
Tax receivable agreement in connection with share exchanges	156	156					156
Accrual of redeemable preferred stock paid-in-kind dividends	(2,445)	(2,445)					(2,445)
Change in fair value of interest rate swap	(68)	(67)							(67)	(1)
eService redeemable non-controlling interest fair value adjustment	(15,106)	(13,977)					(13,977)			(1,129)
Blueapple redeemable non-controlling interest fair value adjustment	(10,504)	(9,719)					(9,719)			(785)		10,504
Reclassification of additional paid-in-capital to accumulated deficit							21,986	(21,986)
Ending balance at Jun. 30, 2021	(884,278)	(709,300)	$ 5					(706,557)	(2,748)	(174,978)
Ending balance (in shares) at Jun. 30, 2021			47,323,000			3,822,000
Beginning balance at Mar. 31, 2021												1,044,814
Redeemable non-controlling interests
Net income												3,415
Cumulative translation adjustment												6,759
Distributions												(790)
Change in fair value of interest rate swap												(10)
eService redeemable non-controlling interest fair value adjustment												15,106
Ending balance at Jun. 30, 2021												1,079,798
Beginning balance at Dec. 31, 2021											$ 164,007	$ 164,007
Beginning balance (shares) at Dec. 31, 2021											152,000	152,250
Redeemable Preferred Stock
Accrual of redeemable preferred stock paid-in-kind dividends											$ 2,534
Ending balance at Mar. 31, 2022											$ 166,541
Ending balance (shares) at Mar. 31, 2022											152,000
Beginning balance at Dec. 31, 2021	(832,658)	(662,020)	$ 5					(652,871)	(9,154)	(170,638)		$ (832,658)
Beginning balance (in shares) at Dec. 31, 2021			47,446,000			3,783,000
Statements of Changes in Equity
Net loss	2,491	2,583						2,583		(92)
Cumulative translation adjustment	1,936	1,901							1,901	35
Distributions	(344)									(344)
Share-based compensation expense	7,003	7,003					7,003
Vesting of equity awards	(2,659)	(2,659)					(2,659)
Vesting of equity awards (in shares)			289,000
Exercise of stock options	603	603					603
Exercise of stock options (in shares)			41,000
Deferred taxes in connection with increase in ownership of EVO Investco, LLC	66	66					66
Accrual of redeemable preferred stock paid-in-kind dividends	(2,534)	(2,534)					(2,534)
Change in fair value of interest rate swap	1,759	1,595							1,595	164
eService redeemable non-controlling interest fair value adjustment	(6,385)	(5,916)						(5,916)		(469)
Blueapple redeemable non-controlling interest fair value adjustment	79,080	73,278						73,278		5,802
Ending balance at Mar. 31, 2022	(751,642)	(586,100)	$ 5				2,479	(582,926)	(5,658)	(165,542)
Ending balance (in shares) at Mar. 31, 2022			47,776,000			3,783,000
Beginning balance at Dec. 31, 2021												1,029,090
Redeemable non-controlling interests
Net income												2,665
Cumulative translation adjustment												(991)
Change in fair value of interest rate swap												1,398
Blueapple redeemable non-controlling interest fair value adjustment												(79,080)
eService redeemable non-controlling interest fair value adjustment												6,385
Ending balance at Mar. 31, 2022												959,467
Beginning balance at Dec. 31, 2021											$ 164,007	$ 164,007
Beginning balance (shares) at Dec. 31, 2021											152,000	152,250
Ending balance at Jun. 30, 2022											$ 169,144	$ 169,144
Ending balance (shares) at Jun. 30, 2022											152,000	152,250
Beginning balance at Dec. 31, 2021	(832,658)	(662,020)	$ 5					(652,871)	(9,154)	(170,638)		$ (832,658)
Beginning balance (in shares) at Dec. 31, 2021			47,446,000			3,783,000
Ending balance at Jun. 30, 2022	(766,314)	(597,276)	$ 5					(584,534)	(12,747)	(169,038)		(766,314)
Ending balance (in shares) at Jun. 30, 2022			47,937,000			3,783,000
Beginning balance at Dec. 31, 2021												1,029,090
Redeemable non-controlling interests
Net income												8,391
Distributions												(6,989)
Ending balance at Jun. 30, 2022												958,908
Beginning balance at Mar. 31, 2022											$ 166,541
Beginning balance (shares) at Mar. 31, 2022											152,000
Redeemable Preferred Stock
Accrual of redeemable preferred stock paid-in-kind dividends											$ 2,603
Ending balance at Jun. 30, 2022											$ 169,144	$ 169,144
Ending balance (shares) at Jun. 30, 2022											152,000	152,250
Beginning balance at Mar. 31, 2022	(751,642)	(586,100)	$ 5				2,479	(582,926)	(5,658)	(165,542)
Beginning balance (in shares) at Mar. 31, 2022			47,776,000			3,783,000
Statements of Changes in Equity
Net loss	5,532	4,353						4,353		1,179		$ 5,726
Cumulative translation adjustment	(9,032)	(7,933)							(7,933)	(1,099)		(13,750)
Distributions	(3,646)	(3,384)						(3,384)		(262)		(6,989)
Share-based compensation expense	7,707	7,707					7,707
Vesting of equity awards	(423)	(423)					(423)
Vesting of equity awards (in shares)			126,000
Exercise of stock options	549	549					549
Exercise of stock options (in shares)			35,000
Deferred taxes in connection with increase in ownership of EVO Investco, LLC	31	31					31
Change in ownership of nonredeemable non-controlling interest		2,396						2,396		(2,396)
Accrual of redeemable preferred stock paid-in-kind dividends	(2,603)	(2,603)					(2,603)
Change in fair value of interest rate swap	613	556							556	57		486
Change in fair value of cross currency swap, net of tax	317	288							288	29		251
eService redeemable non-controlling interest fair value adjustment	3,694	3,424					3,424			270		(3,694)
Blueapple redeemable non-controlling interest fair value adjustment	(17,411)	(16,137)					(16,137)			(1,274)		17,411
Reclassification of additional paid-in-capital to accumulated deficit							$ 4,973	(4,973)
Ending balance at Jun. 30, 2022	$ (766,314)	$ (597,276)	$ 5					$ (584,534)	$ (12,747)	$ (169,038)		(766,314)
Ending balance (in shares) at Jun. 30, 2022			47,937,000			3,783,000
Beginning balance at Mar. 31, 2022												959,467
Ending balance at Jun. 30, 2022												$ 958,908

Unaudited Condensed Consolida_6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 16,414	$ 3,954
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	39,317	41,621
(Gain) loss on investment in equity securities	2,303	(2,266)
Amortization of deferred financing costs	593	1,337
Loss on disposal of equipment and improvements	371	628
Share-based compensation expense	14,710	12,287
Deferred taxes, net	6,226	10,954
Other	(1,866)	503
Changes in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable, net	(1,986)	2,285
Other receivables	(2,739)	2,653
Inventory	(1,786)	(293)
Other current assets	1,608	568
Operating lease right-of-use assets	3,856	3,334
Other assets	(1,678)	(957)
Accounts payable	2,806	1,845
Accrued expenses and other current liabilities	(229)	(5,134)
Settlement processing funds, net	22,122	(56,839)
Operating lease liabilities	(3,729)	(3,680)
Other	(736)	(1,214)
Net cash provided by operating activities	95,577	11,586
Cash flows from investing activities:
Acquisition of businesses, net of cash acquired	(5,254)	(14,054)
Purchase of equipment and improvements	(18,077)	(19,959)
Acquisition of intangible assets	(13,621)	(4,600)
Collections of notes receivable		32
Net cash used in investing activities	(36,952)	(38,581)
Cash flows from financing activities:
Net proceeds (repayments) of borrowings from settlement lines of credit	799	(2,102)
Proceeds from long-term debt	10,700
Repayments of long-term debt	(11,350)	(3,297)
Deferred and contingent consideration paid	(1,560)	(320)
Repurchases of shares to satisfy minimum tax withholding	(3,082)	(3,479)
Proceeds from exercise of common stock options	1,152	7,342
Distributions to non-controlling interest holders	(7,595)	(9,476)
Contribution from non-controlling interest holders		488
Net cash used in financing activities	(10,936)	(10,844)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(19,404)	(4,285)
Net increase (decrease) in cash, cash equivalents, and restricted cash	28,285	(42,124)
Cash, cash equivalents, and restricted cash, beginning of period	410,615	418,539
Cash, cash equivalents, and restricted cash, end of period	$ 438,900	$ 376,415

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Description of Business and Summary of Significant Accounting Policies
Description of Business and Summary of Significant Accounting Policies	(1) Description of Business and Summary of Significant Accounting Policies (a) Description of Business EVO, Inc. is a Delaware corporation whose primary asset is its ownership of approximately 57.1% June 30, 2022 The Company is a leading payment technology and services provider, offering an array of innovative, reliable, and secure payment solutions to merchants across the Americas and Europe and servicing more than 550,000 merchants across more than 50 markets. The Company supports all major card types in the markets it serves. The Company provides card-based payment processing services to small and middle market merchants, multinational corporations, government agencies, and other business and nonprofit enterprises located throughout the Americas and Europe. These services enable merchants to accept credit and debit cards and other electronic payment methods as payment for their products and services by providing terminal devices, card authorization, data capture, funds settlement, risk management, fraud detection, and chargeback services. The Company also offers value-added solutions such as gateway solutions, online hosted payments page capabilities, mobile-based SMS integrated payment collection services, security tokenization and encryption solutions at the physical and virtual point-of-sale (“POS”), dynamic currency conversion (“DCC”), Automated Clearing House (“ACH”), Level 2 and Level 3 data processing, management reporting solutions, loyalty programs, and Visa Direct, among other ancillary solutions. Other industry-specific processing capabilities are also in our product suite, such as recurring billing, multi-currency authorization, and cross-border processing and settlement. The Company operates two reportable segments: the Americas and Europe. (b) Basis of Presentation and Use of Estimates Certain prior period amounts have been reclassified to conform to the current period presentation where applicable. The accompanying unaudited condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, the unaudited condensed consolidated statements of operations and comprehensive (loss) income for the three and six months ended June 30, 2022 and 2021, the unaudited condensed consolidated statements of changes in equity (deficit) for the three and six months ended June 30, 2022 and 2021, and the unaudited condensed consolidated statements of cash flows for the six months ended June 30, 2022 and 2021 reflect all adjustments that are of a normal, recurring nature and that are considered necessary for a fair presentation of the results for the periods shown in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) for interim financial reporting periods. Accordingly, certain information and footnote disclosures have been condensed or omitted in accordance with SEC rules that would ordinarily be required under U.S. GAAP for complete financial statements. The unaudited interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported assets and liabilities, as of the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. Estimates used for accounting purposes include, but are not limited to, valuation of redeemable non-controlling interests (“RNCI”), evaluation of realizability of deferred tax assets, determination of liabilities under the tax receivable agreement, determination of liabilities and corresponding right-of-use assets arising from lease agreements, determination of assets or liabilities arising from derivative transactions, determination of fair value of share-based compensation, establishment of severance liabilities, establishment of allowance for doubtful accounts, and assessment of impairment of goodwill and intangible assets. (c) Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of the Company. As the sole managing member of EVO, LLC, the Company exerts control over the Group. In accordance with Accounting Standards Codification (“ASC”) 810, Consolidation ​ (d) Cash and Cash Equivalents, Restricted Cash, Settlement Related Cash and Merchant Reserves Cash and cash equivalents include all cash balances and highly liquid securities with original maturities of three months or less. Cash balances often exceed federally insured limits; however, concentration of credit risk is limited due to the payment of funds on the same day or the day following receipt in satisfaction of the settlement process. Included in cash and cash equivalents are settlement-related cash and merchant reserves. ​ Settlement-related cash represents funds that the Company holds when the incoming amount from the card networks precedes the funding obligation to the merchant. Settlement-related cash balances are not restricted; however, these funds are generally paid out in satisfaction of settlement processing obligations and therefore are not available for general purposes. As of June 30, 2022 and December 31, 2021, settlement-related cash balances were $139.3 million and $133.3 ​ Merchant reserves represent funds collected from the Company’s merchants that serve as collateral to minimize contingent liabilities associated with any losses that may occur under the respective merchant agreements. While this cash is not restricted in its use, the Company believes that maintaining merchant reserves to collateralize merchant losses strengthens its fiduciary standings with its card network sponsors and is in accordance with the guidelines set by the card networks. As of June 30, 2022 and December 31, 2021 $101.6 ​ Restricted cash represents funds held as a liquidity reserve at our Chilean subsidiary, as required by local regulations. ​ The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported in the unaudited condensed consolidated balance sheets to the total amount shown in the unaudited condensed consolidated statements of cash flows: ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 ​ 2021 ​ (In thousands) Cash and cash equivalents $ 438,655 $ 410,368 Restricted cash included in other assets 245 247 Total cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows $ 438,900 $ 410,615 ​ (e) Derivatives The Company recognizes derivatives on the consolidated balance sheets at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of a particular derivative, whether the Company has elected to designate or not designate such derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. ​ Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a cash flow hedge. Investments in foreign operations with functional currencies other than the reporting currency are subject to foreign currency risk as foreign instruments are remeasured each period resulting in fluctuations in the cumulative translation adjustment (CTA) section within other comprehensive (loss) income. Net investment hedge accounting offers protection from remeasurement risk as changes in fair value of the derivative are also recorded in CTA. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. ​ The Company uses a forward contract, foreign currency swap, and window forward contracts to mitigate its exposure to fluctuations in foreign currency exchange rates. The Company elected not to designate the instruments as a hedge and they are not subject to hedge accounting. ​ The Company entered into a cross currency swap to hedge the risk of fluctuations in the exchange rate related to a net investment in a foreign subsidiary. The Company designated the cross currency swap as a net investment hedge. Changes in the fair value of a net investment hedge are recorded in accumulated other comprehensive loss and reclassified into earnings when the hedged net investment is sold or substantially liquidated. Components excluded from the assessment of effectiveness will be recognized in earnings using a systematic and rational method over the life of the hedging instrument. ​ Changes in the fair value of a derivative that is designated as, and meets all the required criteria for, a cash flow hedge are recorded in accumulated other comprehensive loss and reclassified into earnings as the underlying hedged item affects earnings. Changes in the fair value of a derivative that is not designated as a cash flow hedge are recorded as a component of other income (expense). ​ Refer to Note 14, “Derivatives,” and Note 18, “Fair Value,” for further information on the derivative instruments. (f) Recent Accounting Pronouncements New accounting pronouncements issued by the Financial Accounting Standards Board (the “FASB”) or other standards setting bodies are adopted as of the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on the Company’s consolidated financial statements upon adoption. Recently Adopted Accounting Pronouncement Convertible Instruments and Contracts in an Entity’s Own Equity ​ In August 2020, the FASB issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity ​ Recently Issued Accounting Pronouncements Not Yet Adopted Reference Rate Reform ​ In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform ​ Acquired Contract Assets and Liabilities in Business Combinations ​ In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers Revenue from Contracts with Customers (Topic 606). ​ (g) Correction to previously reported consolidated statements of cash flows The Company has revised the financing section of its unaudited condensed consolidated statements of cash flows to separately classify net repayments on its settlement lines of credit of approximately $2.1 million for the six months ended June 30, 2021. As a result, the accompanying unaudited condensed consolidated statements of cash flows have been revised to correct this immaterial classification error by decreasing previously reported proceeds from long-term debt by approximately $4.2 million, and decreasing previously reported repayments of long-term debt by approximately $6.3 million, for the six months ended June 30, 2021. This revision had no effect on our previously reported net cash flows from financing activities, or on any other previously reported amounts in our unaudited condensed consolidated financial statements for the six months ended June 30, 2021.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2022
Revenue
Revenue	(2) Revenue The Company primarily earns revenue from payment processing services, and has contractual agreements with its customers that set forth the general terms and conditions of the service relationship, including line item pricing, payment terms and contract duration. The Company also earns revenue from the sale and rental of electronic POS equipment. The revenue recognized from the sale and rental of POS equipment totaled $9.1 $9.8 $19.6 The Company disaggregates revenue based on reporting segment and division. The Company’s divisions are as follows: ● Direct – Represents the direct solicitation of merchants through referral relationships, including financial institutions and the Company’s direct sales channel. The Company has long-term, exclusive referral relationships with leading international financial institutions that represent thousands of branch locations which actively pursue new merchant relationships on the Company’s behalf. The Company also utilizes a direct sales team, including outbound telesales, to build and maintain relationships with its merchants and referral partners. The Company also has referral arrangements with independent sales organizations (“ISOs”) that refer merchants to the Company. ● Tech-enabled – Represents merchants requiring a technical integration at the point of sale between the Company and a third party software vendor whereby the third party passes information to our systems to enable payment processing. These merchant acquiring arrangements are supported by partnerships with independent software providers, integrated software dealers, and eCommerce gateway providers. In the United States, this division also supports business-to-business (“B2B”) customers via proprietary solutions sold directly to merchants and via enterprise resource planning software dealers and integrators. ● Traditional – Represents the Company’s heritage United States portfolio composed primarily of ISO relationships where the merchant portfolio is not actively managed by the Company. The Company is not focused on this sales model and it will represent an increasingly smaller portion of the business over time. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2022 ​ Six Months Ended June 30, 2022 ​ ​ Americas Europe Total Americas Europe Total ​ ​ (In thousands) ​ (In thousands) Divisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Direct ​ $ 36,023 ​ ​ 42,751 ​ $ 78,774 ​ $ 68,215 ​ $ 81,190 ​ $ 149,405 Tech-enabled ​ ​ 35,426 ​ ​ 13,228 ​ 48,654 ​ ​ 70,007 ​ 24,855 ​ 94,862 Traditional ​ 10,243 ​ ​ — 10,243 ​ 20,330 — 20,330 Totals ​ $ 81,692 $ 55,979 $ 137,671 ​ $ 158,552 $ 106,045 $ 264,597 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2021 ​ Six Months Ended June 30, 2021 ​ ​ Americas Europe Total Americas Europe Total ​ ​ (In thousands) ​ (In thousands) Divisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Direct ​ $ 32,449 ​ ​ 35,874 ​ $ 68,323 ​ $ 61,353 ​ $ 64,096 ​ $ 125,449 Tech-enabled ​ ​ 33,623 ​ ​ 9,382 ​ 43,005 ​ ​ 64,782 ​ 16,913 ​ 81,695 Traditional ​ 10,907 ​ ​ — 10,907 ​ 21,271 — 21,271 Totals ​ $ 76,979 $ 45,256 $ 122,235 ​ $ 147,406 $ 81,009 $ 228,415 ​ ​

Settlement Processing Assets an

Settlement Processing Assets and Obligations	6 Months Ended
	Jun. 30, 2022
Settlement Processing Assets and Obligations
Settlement Processing Assets and Obligations	(3) Settlement Processing Assets and Obligations Settlement processing assets and obligations represent intermediary balances within the settlement process involving the movement of funds between consumers, card issuers, card networks, the Company, and its merchants. The Company processes funds settlement through two models, the sponsorship model and the direct membership model. ​ In certain markets, the Company operates under the sponsorship model whereby the Company has a sponsorship agreement with a bank that is a member of the various card networks (collectively, the “Member Banks”) providing for the funds settlement by such Member Banks on behalf of the Company related to the transactions processed by the Company through card networks, such as Visa and MasterCard. Under the sponsorship model, it is the responsibility of the Member Bank to ensure that the Company adheres to the standards of the card networks. ​ In other markets, the Company operates under the direct membership model whereby the Company has direct membership with the various card networks for the funds settlement related to the transactions processed by the Company through the card networks. As a direct member under the direct membership model, it is the responsibility of the Company to adhere to the standards of the card networks. ​ The card networks operate as an intermediary between the card issuing banks, on the one hand, and, as applicable, either the Member Banks or the Company (under the sponsorship model or the direct membership model, respectively), on the other hand, whereby funds are received by the card issuing banks and remitted to the Member Bank or the Company, as applicable, via the card networks on a daily basis. The Company then remits these funds to its merchants, either through a Member Bank under the sponsorship model, or directly to merchants under the direct membership model. Incoming funds due from the card networks on behalf of the card issuing bank are classified as receivables from card networks in the table below, whereas the funds due from the Company to its merchants are classified as settlement liabilities due to merchants. ​ The Company enters into agreements with its merchants which outline the fees charged by the Company for processing payment transactions and performing funds settlement. Fees are either settled daily or monthly on a net basis or monthly through an invoice arrangement. Receivables from merchants as presented below represent amounts to be either net settled or invoiced to the Company’s merchants related to the various fees associated with the payment processing and funds settlement services provided by the Company. ​ As described in Note 1, “Description of Business and Summary of Significant Accounting Policies,” the Company collects funds from merchants that serve as collateral to mitigate potential future losses, and recognizes a corresponding liability which is presented as merchant reserves within the settlement processing obligations. Refer to the table below. ​ While receivables from card networks and settlement liabilities due to merchants represent intermediary balances in the transaction settlement process, timing differences, interchange expense, merchant reserves and exception items cause differences between the amount the Company receives through the Member Banks from the card networks and the amount funded to merchants. ​ A summary of settlement processing assets and obligations is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 ​ ​ (In thousands) Settlement processing assets: ​ ​ Receivable from card networks ​ $ 252,798 $ 209,734 Receivable from merchants ​ 98,801 101,947 Totals ​ $ 351,599 $ 311,681 ​ ​ ​ ​ ​ ​ ​ Settlement processing obligations: ​ ​ Settlement liabilities due to merchants ​ $ (380,504) $ (320,537) Merchant reserves ​ (99,971) (101,572) Totals ​ $ (480,475) $ (422,109) ​

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share
Earnings Per Share	(4) Earnings Per Share The following table sets forth the computation of the Company's basic and diluted earnings per share of Class A common stock, as well as the anti-dilutive shares excluded (in thousands, except share and per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to EVO Payments, Inc. ​ $ 4,353 ​ $ 6,936 ​ $ 3,163 ​ $ 2,321 Less: Accrual of redeemable preferred stock paid-in-kind dividends ​ ​ 2,603 ​ ​ 5,137 ​ ​ 2,445 ​ ​ 4,827 Less: Allocation of undistributed earnings to preferred shares ​ ​ 324 ​ ​ 332 ​ ​ 129 ​ ​ — Undistributed income (loss) attributable to shares of Class A common stock ​ $ 1,426 ​ $ 1,467 ​ $ 589 ​ $ (2,506) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average Class A common stock outstanding ​ 47,862,425 ​ 47,702,066 ​ 47,038,194 ​ 46,775,245 Effect of dilutive securities ​ 752,707 ​ — ​ — ​ — Total dilutive securities ​ ​ 48,615,132 ​ ​ 47,702,066 ​ ​ 47,038,194 ​ ​ 46,775,245 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic ​ $ 0.03 ​ $ 0.03 ​ $ 0.01 ​ $ (0.05) Diluted ​ $ 0.03 ​ $ 0.03 ​ $ 0.01 ​ $ (0.05) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average anti-dilutive securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Redeemable preferred stock ​ ​ 152,250 ​ ​ 152,250 ​ ​ 152,250 ​ ​ 152,250 Stock options ​ ​ — ​ ​ 5,718,225 ​ ​ 6,081,132 ​ ​ 5,785,041 RSUs ​ ​ — ​ ​ 1,651,492 ​ ​ 1,451,977 ​ ​ 1,369,429 RSAs ​ ​ — ​ ​ 145 ​ ​ 291 ​ ​ 621 PSUs ​ ​ 302,374 ​ ​ 212,163 ​ ​ — ​ ​ — Class C common stock ​ ​ — ​ ​ — ​ ​ 965,197 ​ ​ 1,328,614 Class D common stock ​ ​ 3,783,074 ​ ​ 3,783,074 ​ ​ 2,934,418 ​ ​ 2,655,306 ​

Tax Receivable Agreement

Tax Receivable Agreement	6 Months Ended
	Jun. 30, 2022
Tax Receivable Agreement
Tax Receivable Agreement	(5) Tax Receivable Agreement In connection with the IPO, the Company entered into a Tax Receivable Agreement (“TRA”) that requires the Company to make payments to the Continuing LLC Owners that are generally equal to 85% of the applicable cash tax savings, if any, realized as a result of favorable tax attributes that will be available to the Company as a result of the Reorganization Transactions, exchanges of LLC Interests and paired Class C common stock or paired Class D common stock for Class A common stock, purchases or redemptions of LLC Interests, and payments made under the TRA. Payments will occur only after the filing of U.S. federal and state income tax returns and realization of cash tax savings from the favorable tax attributes. Due to net losses attributable to the Company in prior years, there were no realized tax savings attributable to the TRA, therefore no payments have been made related to the TRA obligation. ​ As a result of the purchases of LLC Interests and the exchanges of LLC Interests and paired shares of Class C common stock and paired Class D common stock for shares of Class A common stock sold in connection with and following the IPO, through June 30, 2022, the Company’s deferred tax asset and payment liability pursuant to the TRA were approximately $211.9 million ( $178.4 ​ For the TRA, the cash savings realized by the Company are computed by comparing the actual income tax liability of the Company to the amount of such taxes the Company would have been required to pay had there been no increase to the tax basis of the assets from member exchanges or sales of LLC Interests, and no tax benefit as a result of the Net Operating Losses (“NOLs”) generated by the increase in the Company’s tax basis of the assets in EVO, LLC. Subsequent adjustments of the TRA obligations due to certain events (e.g., changes to the expected realization of NOLs or changes in tax rates) will be recognized within other expense in the unaudited condensed consolidated statements of operations and comprehensive (loss) income. ​ In May 2021, pursuant to the Company’s amended and restated certificate of incorporation, each outstanding share of Class C common stock was automatically converted into one share of Class D common stock. Refer to Note 21, “Shareholders’ Equity,” for further information. ​ ​

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2022
Acquisitions
Acquisitions	(6) Acquisitions ​ 2022 Acquisition ​ (a) North49 Business Solutions, Inc. In May 2022, a subsidiary of EVO, Inc. completed the acquisition of 100% of the outstanding shares of North49 Business Solutions, Inc. (“North49”), a certified Sage development partner based in Canada, to provide enhanced B2B integrated payment solutions for Sage customers. North49 is presented in the Company’s Americas segment. This acquisition was not significant, individually or in the aggregate, to the Company’s financial position, results of operations, or cash flows. 2021 Acquisitions ​ (a) Anderson Zaks Limited In July 2021, a subsidiary of EVO, Inc. completed the acquisition of 100% of the outstanding shares of Anderson Zaks Ltd., an omni-channel payment gateway provider based in the United Kingdom. Anderson Zaks Ltd. is presented in the Company’s Europe segment. This acquisition was not significant, individually or in the aggregate, to the Company’s financial position, results of operations, or cash flows. (b) Pago Fácil In June 2021, subsidiaries of EVO, Inc. completed the acquisition of 100% of the outstanding shares of Pago Fácil Tecnologia SpA and PST Pago Fácil SpA (together, “Pago Fácil”), a leading eCommerce payment gateway in Chile, in partnership with its joint venture partner Banco de Crédito e Inversiones (“BCI”). The total consideration paid for the acquisition was $20.9 million, which includes an upfront payment of $18.0 million and deferred considerations of $0.9 million and $2.0 million payable 9 months and 18 months after the closing date, respectively. The deferred consideration of $0.9 million was paid in full in March 2022. No measurement-period adjustment was made and the following purchase price allocation was finalized during the quarter ended June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ As of the ​ Estimated ​ ​ acquisition date ​ Useful Life Definite-lived intangible assets ​ (In thousands ) ​ ​ Acquired software ​ $ 9,400 ​ 5 years Customer relationships ​ ​ 3,000 ​ 7 years Trademarks ​ ​ 440 ​ 2 years Non-compete agreement ​ ​ 150 ​ 3 years Deferred tax liabilities ​ ​ (3,507) ​ ​ Other assets, net ​ ​ 855 ​ ​ Goodwill ​ ​ 10,562 ​ ​ Total purchase price ​ $ 20,900 ​ ​ ​ Goodwill generated from the Pago Fácil acquisition is not deductible for tax purposes. Pago Fácil is presented in the Company’s Americas segment.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases
Leases	(7) Leases The Company’s leases consist primarily of real estate and personal property leases throughout the markets in which the Company operates. At contract inception, the Company determines whether an arrangement is or contains a lease, and for each identified lease, evaluates the classification as operating or financing. The Company had no finance leases as of June 30, 2022 and December 31, 2021. Leased assets and obligations are recognized at the lease commencement date based on the present value of fixed lease payments to be made over the term of the lease. Renewal and termination options are factored into determination of the lease term only if the option is reasonably certain to be exercised. The weighted-average remaining lease term was 6.03 years and 6.36 years at June 30, 2022 and December 31, 2021, respectively. The Company had no significant short-term leases as of June 30, 2022 and December 31, 2021. ​ The Company’s leases do not provide a readily determinable implicit interest rate and the Company uses its incremental borrowing rate to measure the lease liability and corresponding right-of-use asset. The incremental borrowing rates were determined based on a portfolio approach considering the Company’s current secured borrowing rate adjusted for market conditions and the length of the lease term. The weighted-average discount rates used in the measurement of lease liabilities were 5.46% and 5.81% as of June 30, 2022 and December 31, 2021, respectively. ​ Operating lease cost is recognized on a straight-line basis over the lease term. Operating lease costs for the three months ended June 30, 2022 and 2021 were $3.1 million and $2.8 $5.5 $0.5 June 30, 2022 and 2021, respectively. Variable payments are expensed in the period incurred and not included in the measurement of lease assets and liabilities. ​ Cash paid for amounts included in the measurement of operating lease liabilities for the six months ended June 30, 2022 and 2021 was $4.5 million and $4.7 ​ As of June 30, 2022, maturities of lease liabilities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Years ending: ​ ​ 2022 (remainder of the year) $ 4,212 2023 ​ 8,787 2024 ​ 8,278 2025 ​ 7,730 2026 ​ 7,196 2027 and thereafter ​ 12,361 Total future minimum lease payments (undiscounted) ​ 48,564 Less: present value discount ​ (7,712) Present value of lease liability $ 40,852 ​

Equipment and Improvements

Equipment and Improvements	6 Months Ended
	Jun. 30, 2022
Equipment and Improvements
Equipment and Improvements	(8) Equipment and Improvements Equipment and improvements consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Estimated ​ ​ ​ ​ ​ ​ ​ ​ Useful ​ ​ ​ ​ ​ ​ ​ ​ Lives in ​ June 30, ​ December 31, ​ ​ Years ​ 2022 ​ 2021 ​ ​ ​ ​ (In thousands) Card processing equipment 3-5 ​ $ 165,155 $ 155,843 Office equipment ​ 3-5 ​ ​ 47,214 ​ ​ 44,393 Computer software 3-5 ​ 59,645 60,226 Leasehold improvements various ​ 18,325 17,883 Furniture and fixtures 5-7 ​ 4,766 4,433 Totals ​ ​ ​ 295,105 282,778 Less accumulated depreciation ​ ​ ​ (224,028) (213,761) Foreign currency translation adjustment ​ ​ ​ (4,500) (511) Totals ​ ​ ​ $ 66,577 $ 68,506 ​ Depreciation expense related to equipment and improvements was $8.1 million and $9.9 million for the three months ended June 30, 2022 and 2021, respectively. Depreciation expense related to equipment and improvements was $16.5 million and $19.9 million for the six months ended June 30, 2022 and 2021, respectively. ​ In the six months ended June 30, 2022, gross equipment and improvements, and accumulated depreciation were each reduced by $6.6 million and $6.2 $4.1 ​

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Goodwill and Intangible Assets	(9) Goodwill and Intangible Assets Intangible assets, net consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Gross carrying value ​ Accumulated amortization ​ Accumulated impairment charges ​ Translation and other adjustments ​ Net ​ ​ (In thousands) Merchant contract portfolios and customer relationships ​ $ 297,713 ​ $ (203,507) ​ $ (5,685) ​ $ (31,832) ​ $ 56,689 Marketing alliance agreements ​ ​ 197,412 ​ ​ (87,823) ​ ​ (7,557) ​ ​ (23,028) ​ ​ 79,004 Internally developed and acquired software ​ ​ 128,690 ​ ​ (59,411) ​ ​ (9,324) ​ ​ (5,144) ​ ​ 54,811 Trademarks, definite-lived ​ ​ 20,851 ​ ​ (13,863) ​ ​ - ​ ​ (3,807) ​ ​ 3,181 Non-compete agreements ​ ​ 150 ​ ​ (47) ​ ​ - ​ ​ (27) ​ ​ 76 Total ​ $ 644,816 ​ $ (364,651) ​ $ (22,566) ​ $ (63,838) ​ $ 193,761 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ Gross carrying value ​ Accumulated amortization ​ Accumulated impairment charges ​ Translation and other adjustments ​ Net ​ ​ (In thousands) Merchant contract portfolios and customer relationships ​ $ 297,056 ​ $ (197,187) ​ $ (5,685) ​ $ (30,713) ​ $ 63,471 Marketing alliance agreements ​ ​ 197,412 ​ ​ (79,811) ​ ​ (7,557) ​ ​ (20,896) ​ ​ 89,148 Internally developed and acquired software ​ ​ 110,396 ​ ​ (53,110) ​ ​ (10,191) ​ ​ (3,236) ​ ​ 43,859 Trademarks, definite-lived ​ ​ 22,068 ​ ​ (13,427) ​ ​ (901) ​ ​ (3,596) ​ ​ 4,144 Non-compete agreements ​ ​ 6,612 ​ ​ (6,487) ​ ​ - ​ ​ (21) ​ ​ 104 Total ​ $ 633,544 ​ $ (350,022) ​ $ (24,334) ​ $ (58,462) ​ $ 200,726 ​ Amortization expense related to intangible assets was $10.7 $10.8 $21.7 ​ As of June 30, 2022, the gross carrying value of non-compete agreements, internally developed software, and definite-lived trademarks were reduced by $6.5 million, $2.2 million, and $1.2 million, respectively, with an offset to accumulated amortization, accumulated impairment charges, and translation and other adjustments, for fully amortized or previously impaired intangible assets. ​ Estimated amortization expense to be recognized during each of the five years subsequent to June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Years ending: ​ 2022 (remainder of the year) ​ $ 23,477 2023 ​ 41,184 2024 ​ 30,902 2025 ​ 23,112 2026 ​ ​ 17,330 2027 and thereafter ​ 57,756 Total ​ $ 193,761 ​ There were no impairments of intangible assets for the three and six months ended June 30, 2022 and 2021. The following represents intangible assets, net by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 ​ ​ (In thousands) Intangible assets, net: ​ ​ Americas ​ ​ Merchant contract portfolios and customer relationships ​ $ 45,578 $ 49,435 Marketing alliance agreements ​ 53,111 56,996 Internally developed and acquired software ​ 41,624 28,812 Trademarks, definite-lived ​ ​ 1,367 ​ ​ 1,497 Non-compete agreements ​ ​ 76 ​ ​ 104 Total ​ 141,756 136,844 ​ ​ Europe ​ Merchant contract portfolios and customer relationships ​ 11,111 14,036 Marketing alliance agreements ​ 25,893 32,152 Internally developed and acquired software ​ 13,187 15,047 Trademarks, definite-lived ​ ​ 1,814 ​ ​ 2,647 Total ​ 52,005 63,882 ​ ​ ​ ​ ​ ​ ​ Total intangible assets, net ​ $ 193,761 $ 200,726 ​ The change in the carrying amount of goodwill for the six months ended June 30, 2022, in total and by reportable segment, is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Reportable Segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Americas ​ Europe ​ Total ​ ​ (In thousands) Goodwill, gross, as of December 31, 2021 ​ $ 274,930 $ 135,012 $ 409,942 Accumulated impairment losses ​ — (24,291) (24,291) Goodwill, net, as of December 31, 2021 ​ 274,930 110,721 385,651 Business combinations ​ 6,790 — 6,790 Foreign currency translation adjustment ​ (872) (10,383) (11,255) Goodwill, net, as of June 30, 2022 ​ $ 280,848 $ 100,338 $ 381,186 ​

Accounts Payable, Accrued Expen

Accounts Payable, Accrued Expenses, and Other Current Liabilities	6 Months Ended
	Jun. 30, 2022
Accounts Payable, Accrued Expenses, and Other Current Liabilities
Accounts Payable, Accrued Expenses, and Other Current Liabilities	(10) Accounts Payable, Accrued Expenses, and Other Current Liabilities The Company’s accounts payable, accrued expenses, and other current liabilities consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ ​ (In thousands) Compensation and related benefits ​ $ 17,199 $ 23,205 Third-party processing and payment network fees ​ 43,147 43,529 Trade payables ​ 10,108 6,089 Taxes payable ​ 14,710 20,399 Commissions payable to third parties ​ 15,662 16,025 Unearned revenue ​ 4,469 4,723 Other ​ ​ 29,371 19,979 Total accounts payable, accrued expenses, and other current liabilities ​ $ 134,666 ​ $ 133,949 ​

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions
Related Party Transactions	(11) Related party balances consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 ​ ​ (In thousands) Due from related parties, current ​ $ 569 $ 782 Due to related parties, current ​ ​ (4,208) ​ (4,207) Due to related parties, long-term ​ ​ (185) ​ (185) ​ Due from related parties, current, consists primarily of receivables due from a non-controlling interest holder of a consolidated subsidiary, which are included as a component of other current assets on the unaudited condensed consolidated balance sheets. Due to related parties, current, consists of $3.2 million and $3.0 million as of June 30, 2022 and December 31, 2021, respectively, primarily due to a non-controlling interest holder of a consolidated subsidiary, and $1.0 million and $1.2 million as of June 30, 2022 and December 31, 2021, respectively, representing commissions payable to unconsolidated investees of the Company. The liability is included as a component of accrued expenses and other current liabilities on the unaudited condensed consolidated balance sheets. Due to related parties, long-term, consists of ISO commission reserves in connection with an unconsolidated investee, which are included as a component of other long-term liabilities on the unaudited condensed consolidated balance sheets. ​ The Company leases office space located at 515 Broadhollow Road in Melville, New York from 515 Broadhollow, LLC. 515 Broadhollow, LLC is majority owned, directly and indirectly, by the Company’s founder and chairman. As of June 30, 2022 and December 31, 2021, the liability related to this lease amounted to $1.1 million and $1.9 million, respectively, and is included in the operating lease liabilities on the unaudited condensed consolidated balance sheets. ​ The Company leases vehicles from a non-controlling interest holder of a consolidated subsidiary. As of June 30, 2022 and December 31, 2021, these lease liabilities amounted to $0.3 million and $0.4 million, respectively, and are included in the operating lease liabilities on the unaudited condensed consolidated balance sheets. A portion of the TRA obligation is payable to members of management and current employees. Refer to Note 5, “Tax Receivable Agreement,” for further information on the tax receivable agreement. Related party commission expense incurred with unconsolidated investees of the Company amounted to $3.2 million and $3.5 million for the three months ended June 30, 2022 and 2021, respectively, and is netted against revenue in the unaudited condensed consolidated statements of operations and comprehensive (loss) income. Related party commission expense incurred with unconsolidated investees of the Company amounted to $6.2 million and $6.4 million for the six months ended June 30, 2022 and 2021, respectively. ​ The Company provides certain professional and other services to Blueapple Inc. (“Blueapple”), a member and holder of LLC interests of EVO, LLC. Blueapple is controlled by entities affiliated with the Company’s founder and chairman. The expense related to these services was less than $0.1 million for each of the three months ended June 30, 2022 and 2021. The expense related to these services was $0.1 million for each of the six months ended June 30, 2022 and 2021. The Company, through two wholly owned subsidiaries and one unconsolidated investee, conducts business under ISO agreements with a relative of the Company’s founder and chairman pursuant to which the relative of the Company’s founder and chairman provides certain marketing services and equipment in exchange for a commission based on the volume of transactions processed for merchants acquired by the relative of the Company’s founder and chairman. For each of the three months ended June 30, 2022 and 2021, the Company paid commissions of less than $0.1 million related to this activity. For the six months ended June 30, 2022 and 2021, the Company paid commissions of less than $0.1 million and $0.1 million related to this activity, respectively. ​ NFP is the Company’s benefit and insurance broker and 401(k) manager. NFP is a portfolio company of MDP and one of the Company’s executive officers owns a minority interest in NFP. For each of the three months ended June 30, 2022 and 2021, the Company paid $0.4 million in brokerage fees and other expenses to NFP. For each of the six months ended June 30, 2022 and 2021, the Company paid $0.5 million in brokerage fees and other expenses to NFP.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Taxes
Income Taxes	(12) Income Taxes The Company’s effective tax rate (“ETR”) was 40.7% and 40.3% for the three and six months ended June 30, 2022, respectively. ( $0.3 ) Management assesses the available and objectively verifiable evidence to estimate whether sufficient future taxable income will be generated to use existing deferred tax assets. A significant piece of objective, negative evidence evaluated was the cumulative loss incurred in certain jurisdictions over the preceding twelve quarters ended June 30, 2022. Such objective evidence limits the ability to consider other subjective evidence such as the Company’s projections of future growth. As a result, the Company considered both (i) historical core earnings, after adjusting for certain nonrecurring items, and (ii) the projected future profitability of its core operations and the impact of enacted changes in the application of the interest expense limitation rules beginning in 2022. The Company has established a valuation allowances in the current and prior periods to reduce the carrying amount of deferred tax assets to an amount that is more likely than not to be realized in certain foreign jurisdictions. Release of a valuation allowance would result in the realization of all or a portion of the related deferred tax assets and a decrease to income tax expense for the period in which the release is recorded. ​ ​

Long-Term Debt and Lines of Cre

Long-Term Debt and Lines of Credit	6 Months Ended
	Jun. 30, 2022
Long-Term Debt and Lines of Credit
Long-Term Debt and Lines of Credit	(13) Long-Term Debt and Lines of Credit Credit Facility ​ In November 2021, EVO Payments International, LLC (“EPI”), a wholly-owned subsidiary of EVO, Inc., entered into a Second Restatement Agreement to Amended and Restated Credit Agreement (the “Restatement Agreement”) by and among EPI, as borrower, the subsidiaries of the borrower identified therein, as guarantors, Citibank, N.A., as administrative agent, Truist Bank, as the successor administrative agent and the lenders party thereto, to amend and restate our existing senior secured credit facilities (as amended and restated by the Restatement Agreement, the “Senior Secured Credit Facilities”). As of June 30, 2022, the Senior Secured Credit Facilities include revolver commitments of $200.0 million that mature in November 2026 and a $588.0 million term loan that matures in November 2026. ​ As of June 30, 2022, the term loan and revolving credit facility bear interest rates of 3.42% and 5.50%, respectively. ​ As of June 30, 2022 and December 31, 2021, the Company’s long-term debt consists of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, December 31, ​ ​ 2022 ​ 2021 ​ ​ (In thousands) Term loan ​ $ 580,650 $ 588,000 Revolver ​ 6,700 ​ — Less debt issuance costs ​ (4,761) ​ (5,310) Total long-term debt ​ 582,589 ​ 582,690 Less current portion of long-term debt, net of current portion of debt issuance costs ​ (14,092) ​ (14,058) Total long-term debt, net of current portion ​ $ 568,497 $ 568,632 ​ Principal payment requirements on the above obligations in each of the years remaining subsequent to June 30, 2022 are as follows: ​ ​ ​ ​ ​ Years ending: ​ (In thousands) 2022 (remainder of the year) ​ $ 7,350 2023 ​ ​ 14,700 2024 ​ 29,400 2025 ​ ​ 44,100 2026 ​ 491,800 2027 and thereafter ​ ​ — Total ​ $ 587,350 ​ The Credit Facilities contain certain customary representations and warranties, affirmative covenants and events of default. If an event of default occurs, the lenders under the Credit Facilities will be entitled to take various actions, including the acceleration of amounts due thereunder and exercise of the remedies on the collateral. As of June 30, 2022, the Company was in compliance with all its financial covenants under the Senior Secured Credit Facilities. ​ The Company maintains intraday and overnight facilities to fund its settlement obligations. These facilities are short-term in nature, have variable interest rates, are subject to annual review and are denominated in local currency but may, in some cases, facilitate borrowings in multiple currencies. At June 30, 2022 and December 31, 2021, the Company had $8.3 million and $8.0 million outstanding under these lines of credit, respectively, with additional capacity of $130.7 8.2% ​ Refer to Note 13, “Long-Term Debt and Lines of Credit,” to the audited consolidated financial statements in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, for discussion regarding the Company’s long-term debt and lines of credit.

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2022
Derivatives
Derivatives	(14) Derivatives Designated Derivatives ​ Interest Rate Swap ​ In 2020, the Company entered into an interest rate swap with a notional amount of $500.0 million to reduce a portion of the exposure to fluctuations in LIBOR interest rates associated with our variable-rate term loan. The interest rate swap has a fixed rate of 0.2025% and a maturity date of December 31, 2022. ​ The interest rate swap is designated as an effective cash flow hedge involving the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreement without exchange of the underlying notional amount. ​ The Company performed a regression analysis at inception of the hedging relationship in which it compared the historical monthly changes in the termination clean price of the actual designated interest rate swap to the historical monthly changes in the termination clean price of a hypothetically perfect interest rate swap with terms that exactly match the hedged transactions and a fair value of zero at its inception using 37 different forward curves. Based on the regression results, the Company determined that the hedging instrument was highly effective at inception. On an ongoing basis, the Company assesses hedge effectiveness prospectively and retrospectively. The hedge continued to be highly effective for the quarter ended June 30, 2022. ​ The interest rate swap is recognized at fair value in the consolidated balance sheets. The table below presents the fair value of the interest rate swap and its classification on the unaudited condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, respectively: ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Balance Sheet ​ Fair Value ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ Interest Rate Swap - current portion Other current assets $ 6,192 ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Balance Sheet ​ Fair Value ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ Interest Rate Swap - current portion Other current assets $ 1,297 ​ Since the Company designated the swap as an effective cash flow hedge that qualifies for hedge accounting, unrealized gains or losses resulting from adjusting the swap to fair value is recorded as a component of other comprehensive (loss) income and subsequently reclassified into interest expense in the same period during which the hedged transaction affects earnings. Cash flows resulting from settlements are presented as a component of cash flows from operating activities within the unaudited condensed consolidated statements of cash flows. ​ The table below presents the effect of hedge accounting on accumulated other comprehensive loss for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 ​ 2021 ​ (In thousands) Beginning accumulated derivative gain (loss) in accumulated other comprehensive loss $ 4,927 ​ $ 1,297 ​ $ (88) ​ $ (533) Derivative gain (loss) recognized in the current period in accumulated other comprehensive loss ​ 1,995 ​ ​ 5,557 ​ ​ (143) ​ ​ 214 Less: Derivative gain (loss) reclassified from accumulated other comprehensive loss to interest expense ​ 730 ​ ​ 662 ​ ​ (118) ​ ​ (206) Ending accumulated derivative gain (loss) in accumulated other comprehensive loss $ 6,192 ​ $ 6,192 ​ $ (113) ​ $ (113) ​ The table below presents the effect of hedge accounting on the unaudited condensed consolidated statements of operations and comprehensive (loss) income for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 ​ 2021 ​ (In thousands) Total interest expense including the effects of cash flow hedges $ (4,120) ​ $ (8,374) ​ $ (6,061) ​ $ (12,159) Derivative gain (loss) reclassified from accumulated other comprehensive loss into interest expense $ 730 ​ $ 662 ​ $ (118) ​ $ (206) ​ The Company estimates that an additional $6.2 ​ Cross Currency Swap ​ In April 2022, the Company entered into a float-to-float cross currency swap to hedge the risk of fluctuations in the exchange rate related to a net investment in a foreign subsidiary. The Company will deliver a notional amount of $26.2 million and receive a notional amount of EUR 25.0 million on the initial exchange date of November 15, 2022 and will deliver EUR 25.0 million and receive $26.2 million on the maturity date of November 15, 2027. ​ The cross currency swap is designated as a net investment hedge involving the receipt of functional currency floating rate amounts from a counterparty in exchange for the Company making foreign currency floating rate payments over the life of the agreement. The loss on the swap prior to designation was recorded in current-period earnings. ​ The cross currency swap is recognized at fair value in the consolidated balance sheets. The table below presents the fair value of the cross currency swap and its classification on the unaudited condensed consolidated balance sheets as of June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Balance Sheet ​ Fair Value ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ Cross Currency Swap - current portion Other current assets $ 335 Cross Currency Swap - long-term portion Other long-term liabilities $ (8) ​ The Company recognized in earnings the initial value of the component excluded from the assessment of effectiveness using a systematic and rational method over the life of the hedging instrument. Any changes in the fair value of a net investment hedge are recorded in accumulated other comprehensive loss and reclassified into earnings when the hedged net investment is sold or substantially liquidated. ​ The table below presents the effect of the Company’s net investment hedge on accumulated other comprehensive loss for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of Gain (Loss) Recognized in OCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income ​ Three and Six Months Ended June 30, 2022 ​ (In thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ Cross Currency Swap $ 653 ​ ​ Interest expense ​ $ — ​ Non-designated Derivatives ​ In April 2022, the Company entered into a forward contract to mitigate exposure to fluctuations in foreign currency exchange rates related to certain foreign intercompany balances. The terms of the contract provide for an exchange of a notional amount of GBP 34.5 million for MXN 960.1 million, calculated using the contract rate as applicable at the settlement date. ​ In June 2021, the Company entered into a foreign currency swap and window forward contracts with notional amounts of approximately $31.0 million and $67.8 million, respectively, to mitigate exposure to fluctuations in foreign currency exchange rates related to certain foreign intercompany balances. Each of the foreign currency swap and the window forward contracts were settled during the third quarter in 2021. ​ The forward contract is recognized at fair value in the consolidated balance sheets. The table below presents the fair value of the forward contract and its classification on the unaudited condensed consolidated balance sheets as of June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Settlement ​ Balance Sheet ​ Fair Value ​ Date ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward Contract April 13, 2023 ​ Other current assets $ 2,768 ​ The Company did not designate the forward contract, foreign currency swap, and window forward contracts as an accounting hedge. Any unrealized gains or losses resulting from adjusting the swap and forwards to fair value are recorded as a component of other income (expense), to offset the unrealized gains or losses recorded within other income (expense) from the remeasurement of the intercompany balance being hedged. Cash flows resulting from the settlements will be presented as a component of cash flows from operating activities within the unaudited condensed consolidated statements of cash flows. ​ The table below presents the unrealized gains (losses) on the unaudited condensed consolidated statements of operations and comprehensive (loss) income for the three and six months ended June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Location of Unrealized Three Months Ended June 30, Six Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, ​ ​ Gain or (Loss) ​ 2022 ​ 2021 ​ ​ ​ ​ (In thousands) Forward Contract ​ Other income ​ $ 2,768 ​ $ 2,768 ​ $ — ​ $ — Foreign Currency Swap ​ Other expense ​ ​ — ​ ​ — ​ ​ (163) ​ ​ (163) Window Forwards ​ Other income ​ ​ — ​ ​ — ​ ​ 1,804 ​ ​ 1,804 ​ ​

Supplemental Cash Flows Informa

Supplemental Cash Flows Information	6 Months Ended
	Jun. 30, 2022
Supplemental Cash Flows Information
Supplemental Cash Flows Information	(15) Supplemental Cash Flows Information Supplemental cash flow disclosures and non-cash investing and financing activities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ 2022 2021 ​ ​ (In thousands) Supplemental disclosure of cash flow data: ​ ​ ​ ​ Interest paid ​ $ 7,981 $ 10,776 Income taxes paid ​ 7,142 5,561 ​ ​ ​ ​ ​ ​ ​ Supplemental disclosure of non-cash investing and financing activities: ​ ​ Operating lease liabilities arising from obtaining new or modified right-of-use assets ​ $ 9,554 ​ $ 2,197 Decrease in operating lease liabilities and corresponding right-of-use assets resulting from lease modifications ​ ​ — ​ ​ (2,559) Software and equipment assets acquired by assuming directly related liabilities ​ ​ 4,653 ​ ​ — Deferred consideration payable ​ ​ 5,321 ​ 2,900 Accrual of redeemable preferred stock paid-in-kind-dividends ​ ​ 5,137 ​ ​ 4,827 Exchanges of Class C and Class D common stock for Class A common stock ​ ​ — ​ ​ 13,231 ​

Redeemable Preferred Stock

Redeemable Preferred Stock	6 Months Ended
	Jun. 30, 2022
Redeemable Preferred Stock.
Redeemable Preferred Stock	(16) Redeemable Preferred Stock ​ On April 21, 2020, the Company issued 152,250 shares of Preferred Stock. The Company received approximately $149.3 million in total net proceeds from the sale of the Preferred Stock and incurred approximately $1.7 million in stock issuance costs as part of the sale. ​ The Preferred Stock ranks senior to the Class A common stock with respect to dividends and distributions on liquidation, winding-up, and dissolution. Each share of Preferred Stock had an initial liquidation preference of $1,000 per share. Holders of shares of Preferred Stock are entitled to cumulative, paid-in-kind (“PIK”) dividends, which are payable semi-annually in arrears by increasing the liquidation preference for each outstanding share of Preferred Stock. These PIK dividends accrue at an annual rate of (i) 6.00% per annum for the first ten years and (ii) 8.00% per annum thereafter. At the 2021 annual meeting of stockholders, the Company’s stockholders voted to approve the elimination of the limitation on conversion of the Preferred Stock in the event the conversion results in Class A Common Stock ownership in excess of 19.99% if the aggregate voting power as required by Nasdaq Listing Rule 5635. Holders of Preferred Stock are also entitled, on an as-converted basis, to participate in and receive any dividends declared or paid on the Class A Common Stock, and no dividends may be paid to holders of Class A Common Stock unless full participating dividends are concurrently paid to holders of Preferred Stock. ​ The Preferred Stock’s initial carrying value is recorded at a discount to its liquidation preference. In accordance with the SEC’s Staff Accounting Bulletin Topic 5.Q, Increasing Rate Preferred Stock ​ Each holder of Preferred Stock has the right, at its option, to convert its Preferred Stock, in whole or in part, into fully paid and non-assessable shares of Class A Common Stock, at any time. The number of shares of Class A Common Stock into which a share of Preferred Stock will convert at any time is equal to the product of (i) the then-effective conversion rate and (ii) the quotient obtained by dividing the sum of the then-effective liquidation preference per share of Preferred Stock and the amount of any accrued and unpaid PIK dividends by the initial liquidation preference of $1,000. The conversion rate of the Preferred Stock was initially set at 63.2911 shares of Class A Common Stock, based on an implied conversion price of $15.80 per share of Class A Common Stock. The conversion rate is subject to customary anti-dilution adjustments, including in the event of any stock split, stock dividend, recapitalization or similar events. The Company has the right to settle any conversion at the request of a holder of Preferred Stock in cash based on the last reported sale price of the Class A Common Stock. ​ Subject to certain conditions, the Company may, at its option, require conversion of all (but not less than all) of the outstanding shares of Preferred Stock to Class A Common Stock if, for at least 20 trading days during the 30 consecutive trading days immediately preceding notification of the election to convert, the last reported closing price of the Company’s Class A common stock is at least (i) 180% of the conversion price prior to the fourth semi-annual PIK dividend payment date, (ii) 170% of the conversion price on or after the fourth and prior to the sixth semi-annual PIK dividend payment date, (iii) 160% of the conversion price on or after the sixth and prior to the eighth semi-annual PIK dividend payment date, or (iv) 150% of the conversion price on or after the eighth semi-annual PIK dividend payment date. If the Company elects to mandatorily convert all outstanding shares of Preferred Stock prior to the sixth semi-annual PIK dividend payment date, then, for purposes of such conversion, the liquidation preference of each outstanding share of Preferred Stock will be increased by the compounded amount of all remaining scheduled PIK dividend payments on the Preferred Stock through, and including, the sixth semi-annual PIK dividend payment date. ​ The holders of the Preferred Stock are generally entitled to vote with the holders of the shares of Class A common stock on all matters submitted for a vote to the Class A common stockholders (voting together with the holders of shares of Class A common stock as one class) on an as-converted basis, subject to certain limitations. ​ The Preferred Stock may be redeemed by the Company at any time after ten years for a cash purchase price equal to the liquidation preference as of the redemption date plus accumulated and unpaid regular PIK dividends. If the Company undergoes a change of control (as defined in the certificate of designations for the Preferred Stock), each holder of Preferred Stock may require the Company to repurchase all or a portion of its then-outstanding shares of Preferred Stock for cash consideration equal to 150% of the then-current liquidation preference per share of Preferred Stock plus accumulated and unpaid dividends, if any (or, if the repurchase date for such change of control is on or after the sixth semi-annual PIK dividend payment date, 100% of the liquidation preference per share of Series A Preferred Stock plus accumulated and unpaid dividends, if any). Because the occurrence of a change of control may be outside of the Company’s control, the Company has classified the Preferred Stock as mezzanine equity on the unaudited condensed consolidated balance sheets. If a change of control were to occur as of June 30, 2022, the Company might have been required to repurchase the Preferred Stock for $260.0 ​

Redeemable Non-controlling Inte

Redeemable Non-controlling Interests	6 Months Ended
	Jun. 30, 2022
Redeemable Non-controlling Interests
Redeemable Non-controlling Interests	(17) Redeemable Non-controlling Interests ​ The Company owns 66% of eService, the Company’s Polish subsidiary. The eService shareholders’ agreement includes a provision whereby PKO Bank Polski, the owner of 34% of eService, has the option to compel the Company to purchase the shares of eService held by PKO Bank Polski, at a price per share based on the fair value of the shares. The option expires on January 1, 2024. Because the exercise of this option is not solely within the Company’s control, the Company has classified this interest as RNCI and presents the redemption value within the mezzanine equity section of the unaudited condensed consolidated balance sheets. At each balance sheet date, the RNCI is reported at its redemption value, which represents the estimated fair value, with a corresponding adjustment to additional paid-in capital, or accumulated deficit in absence of additional paid-in capital. ​ In October 2020, the Company, through its Mexican subsidiary, formed a joint venture with BCI, pursuant to which the Company owns 50.1% and BCI owns 49.9% of the equity of the Chilean subsidiary pursuant to the terms of a shareholders agreement between the parties. Under the shareholders agreement, BCI has the option to compel the Company to purchase BCI’s shares in the Chilean subsidiary at a price per share based on the fair value of the shares. The option becomes effective two years after the agreement date. Because the exercise of this option is not solely within the Company’s control, the Company has classified this interest as RNCI and presents the redemption value within the mezzanine equity section of the unaudited condensed consolidated balance sheets. At each balance sheet date, the RNCI is reported at its redemption value, which represents the estimated fair value, with a corresponding adjustment to additional paid-in capital, or accumulated deficit in absence of additional paid-in capital. ​ As of June 30, 2022 ​ The following table details the components of RNCI for the six months ended June 30, 2022 and for the year ended December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Blueapple ​ eService ​ Chile ​ Total ​ ​ (In thousands) Beginning balance, January 1, 2022 ​ $ 823,386 ​ $ 198,531 ​ $ 7,173 ​ $ 1,029,090 Distributions ​ ​ — ​ ​ (6,989) ​ ​ — ​ ​ (6,989) Net income (loss) attributable to RNCI ​ ​ 3,380 ​ ​ 5,817 ​ ​ (806) ​ ​ 8,391 Unrealized loss on foreign currency translation adjustment ​ ​ (9,061) ​ ​ (5,466) ​ ​ (214) ​ ​ (14,741) Unrealized gain on change in fair value of interest rate swap ​ ​ 1,884 ​ ​ — ​ ​ — ​ ​ 1,884 Unrealized gain on change in fair value of cross currency swap ​ ​ 251 ​ ​ — ​ ​ — ​ ​ 251 (Decrease) increase in the maximum redemption amount of RNCI ​ ​ (61,669) ​ ​ 4,376 ​ ​ — ​ ​ (57,293) Allocation of eService fair value RNCI adjustment to Blueapple ​ ​ (1,685) ​ ​ — ​ ​ — ​ ​ (1,685) Ending balance, June 30, 2022 ​ $ 756,486 ​ $ 196,269 ​ $ 6,153 ​ $ 958,908 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Blueapple ​ eService ​ Chile ​ Total ​ ​ (In thousands) Beginning balance, January 1, 2021 ​ $ 868,738 ​ $ 186,436 ​ $ 459 ​ $ 1,055,633 Contributions ​ ​ — ​ ​ — ​ ​ 1,487 ​ ​ 1,487 Distributions ​ ​ — ​ ​ (13,655) ​ ​ — ​ ​ (13,655) Net income (loss) attributable to RNCI ​ ​ 47 ​ ​ 10,329 ​ ​ (1,595) ​ ​ 8,781 Unrealized loss on foreign currency translation adjustment ​ ​ (10,313) ​ ​ (5,045) ​ ​ (721) ​ ​ (16,079) Unrealized gain on change in fair value of interest rate swap ​ ​ 707 ​ ​ — ​ ​ — ​ ​ 707 (Decrease) increase in the maximum redemption amount of RNCI ​ ​ (25,009) ​ ​ 20,466 ​ ​ 7,543 ​ ​ 3,000 Allocation of eService fair value RNCI adjustment to Blueapple ​ ​ (7,869) ​ ​ — ​ ​ — ​ ​ (7,869) Allocation of Chile fair value RNCI adjustment to Blueapple ​ ​ (2,915) ​ ​ — ​ ​ — ​ ​ (2,915) Ending balance, December 31, 2021 ​ $ 823,386 ​ $ 198,531 ​ $ 7,173 ​ $ 1,029,090 ​

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2022
Fair Value
Fair Value	(18) Fair Value The table below presents information about items, which are carried at fair value on a recurring basis: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ (In thousands) ​ Level 1 Level 2 Level 3 Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash equivalents ​ $ 36,618 $ — $ — $ 36,618 Contingent consideration ​ — — (421) (421) Blueapple RNCI ​ ​ (756,486) ​ ​ — ​ ​ — ​ ​ (756,486) eService RNCI ​ — — (196,269) (196,269) Chile RNCI ​ ​ — — (6,153) (6,153) Interest rate swap ​ ​ — ​ ​ 6,192 ​ ​ — ​ ​ 6,192 Cross currency swap ​ ​ — ​ ​ 327 ​ ​ — ​ ​ 327 Forward contract ​ ​ — ​ ​ 2,768 ​ ​ — ​ ​ 2,768 Investment in equity securities ​ ​ — ​ ​ 23,095 ​ ​ — ​ ​ 23,095 Total ​ $ (719,868) $ 32,382 $ (202,843) $ (890,329) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ (In thousands) ​ Level 1 Level 2 Level 3 Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash equivalents ​ $ 95,919 $ — $ — $ 95,919 Contingent consideration ​ — — (611) (611) Blueapple RNCI ​ ​ (823,386) ​ ​ — ​ ​ — ​ ​ (823,386) eService RNCI ​ — — (198,531) (198,531) Chile RNCI ​ ​ — ​ ​ — ​ ​ (7,173) ​ ​ (7,173) Interest rate swap ​ — ​ 1,297 ​ — ​ 1,297 Investment in equity securities ​ — ​ 25,398 ​ — ​ 25,398 Total ​ $ (727,467) $ 26,695 $ (206,315) $ (907,087) ​ Cash equivalents consist of a money market fund that is valued using a market price in an active market (Level 1). Level 1 instrument valuations are obtained from real-time quotes for transactions in active exchange markets involving identical assets. ​ Contingent consideration relates to potential payments that the Company may be required to make associated with acquisitions. The fair values are based on the present value of expected payments made to the acquired businesses in accordance with the provisions outlined in the respective purchase agreements. These estimates are based on inputs not observable in the market and thus represent a Level 3 measurement. ​ The estimated fair value of Blueapple’s RNCI is derived from the closing stock price of the Company’s Class A common stock on the last day of the period. ​ The estimated fair value of eService’s RNCI is determined utilizing an income approach, weighted at 50%, based on the forecasts of expected future cash flows, and the market approach, weighted at 50%, based on the guideline public company data. In applying the income approach, significant unobservable inputs included (i) the weighted-average cost of capital (“WACC”) used to discount the future cash flows, which was 12.0%, based on the markets in which the business operates and (ii) growth rates used within the future cash flows, which were up to 8.0%, based on historic trends, current and expected market conditions, and management’s forecast assumptions. A future increase in the WACC would result in a decrease in the fair value of RNCI in eService. Conversely, a decrease in the WACC would result in an increase in the fair value of RNCI in eService. In applying the market approach, the ranges of the valuation multiples as of June 30, 2022 were 4.50 x 5.00 x 9.00 x The estimated fair value of Chile’s RNCI is determined utilizing an income approach, weighted at 50%, based on the forecasts of expected future cash flows, and the market approach, weighted at 50%, based on the guideline public company data. In applying the income approach, significant unobservable inputs included (i) the WACC used to discount the future cash flows, which was 17.0%, based on the markets in which the business operates and (ii) growth rates used within the future cash flows, which were up to 17.9%, based on historic trends, current and expected market conditions, and management’s forecast assumptions. A future increase in the WACC would result in a decrease in the fair value of RNCI in Chile. Conversely, a decrease in the WACC would result in an increase in the fair value of RNCI in Chile. In applying the market approach, the valuation multiples as of June 30, 2022 were 1.75x and 6.00x for revenue and EBITDA, respectively. ​ In May 2020, the Company entered into an interest rate swap to reduce a portion of the exposure to fluctuations in LIBOR interest rates associated with its variable-rate debt. The fair value of the interest rate swap was determined based on the present value of the estimated future net cash flows using the LIBOR forward rate curve as of June 30, 2022. The future interest rates are derived from observable market interest rate curves and thus fall within Level 2 of the valuation hierarchy. The credit valuation adjustment associated with the derivative, related to the likelihood of default by the Company and the counterparty, was not significant to the overall valuation. As a result, the fair value of the interest rate swap is classified as Level 2 of the fair value hierarchy. As described in Note 14, “Derivatives,” the fair value of the interest rate swap was a $6.2 million asset and $1.3 million asset at June 30, 2022 and December 31, 2021, respectively. ​ In April 2022, the Company entered into a cross currency swap to hedge the risk of fluctuations in the exchange rate related to a net investment in a foreign subsidiary. The fair value of the cross currency swap was determined based on the cash flows of the swap contract, forward foreign exchange points and interest rate market data, which are derived from readily observable market inputs. The credit valuation adjustment associated with the derivative, related to the likelihood of default by the Company and the counterparty, was significant to the overall valuation. As a result, the fair value of the cross currency swap is classified as Level 2 of the fair value hierarchy. As described in Note 14, “Derivatives,” the fair value of the cross currency swap was a $0.3 million asset at June 30, 2022. ​ In April 2022, the Company entered into a forward contract to mitigate exposure to fluctuations in foreign currency exchange rates related to certain foreign intercompany balances. The fair value of the forward contract was determined based on an estimate of the expected cash flows using the mark-to-market rate as of June 30, 2022. The Company also considers counterparty credit risk in the determination of fair value. The mark-to-market rates are derived from observable inputs and thus fall within Level 2 of the valuation hierarchy. As described in Note 14, “Derivatives,” the fair value of the forward contract was a $2.8 million asset at June 30, 2022. ​ The Company was a member of Visa Europe Limited (“Visa Europe”) through certain of the Company’s subsidiaries in Europe. In 2016, Visa Inc. (“Visa”) acquired all of the membership interests in Visa Europe. As part of the proceeds from the sale of its membership interests, one of the Company’s subsidiaries received shares of Visa Series C preferred stock and another subsidiary received economic rights relating to shares of Visa Series C preferred stock under a contractual arrangement with a former member of Visa Europe. ​ The Visa Series C preferred stock is convertible into Visa Series A preferred stock at periodic intervals over the 12 year period following the acquisition date at Visa’s discretion. In September 2020, Visa issued a partial conversion and conversion adjustment with respect to its Series C preferred stock. Pursuant to the partial conversion and conversion adjustment, holders of Series C preferred stock received shares of Series A preferred stock and the conversion ratio for such holder’s shares of Series C preferred stock was reduced. The Series A preferred stock is convertible into shares of Visa Class A common stock upon a transfer to any holder that is eligible to hold Visa Class A common stock. Holders of Series A preferred stock are able to effectuate a transfer to an eligible holder through a sales facility established by Visa’s transfer agent or through a third party broker. ​ The Visa Series A preferred stock, which is presented in investments in equity securities on the unaudited condensed consolidated balance sheets, is reported at fair value. In connection with the measurement of the investment in Visa Series A preferred stock at fair value, the Company recognized a loss of $2.9 million and $2.3 million for the three and six months ended June 30, 2022, respectively, and a gain of $2.5 million and $2.3 million for the three and six months ended June 30, 2021, respectively. The fair value of Visa Series A preferred stock is determined using a market approach based on the quoted market price of Visa Class A common stock, and as a result is classified as Level 2 of the fair value hierarchy. ​ The remaining Visa Series C preferred stock is carried at cost in the amount of €6.5 million ($7.4 million based on the foreign exchange rate at the time of the acquisition) as of each of June 30, 2022 and December 31, 2021, and is presented in other assets on the unaudited condensed consolidated balance sheets. The estimated fair value of the remaining Visa Series C preferred stock of $18.5 million and $20.3 million as of June 30, 2022 and December 31, 2021, respectively, is based upon inputs classified as Level 3 of the fair value hierarchy. These inputs include the fair value of Visa Class A common stock as of June 30, 2022, the conversion factor of Visa Series C preferred stock to Visa Class A common stock, and a discount due to the lack of liquidity, which represents a measure of fair value that is unobservable or requires management’s judgment. ​ The estimated fair value of receivables, settlement processing assets and obligations, due to and from related parties and settlement lines of credit approximate their respective carrying values due to their short term nature. ​ The estimated fair value of long-term debt as of June 30, 2022 and December 31, 2021 was $587.4 $588.0 ​ There were no transfers in or out of Level 3 from other levels in the fair value hierarchy as of June 30, 2022 and December 31, 2021.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies.
Commitments and Contingencies	(19) Commitments and Contingencies Litigation ​ One of the Company’s financial institution referral partners, Grupo Banco Popular, was acquired by Santander in June 2017, which has adversely impacted the Company’s business in Spain. Revenues from this channel have declined significantly due primarily to reduced merchant referrals following Santander’s consolidation of Grupo Banco Popular branches and the bank’s lack of performance of certain of its obligations under our agreements. The Company believes that its agreements with Santander, including the bank’s referral obligations, remain in full force and effect and the Company is pursuing the contractual and legal remedies available to the Company as it works to resolve these and other matters. In December 2020, the Company filed a claim in the Court of First Instance in Madrid, Spain seeking recovery in connection with Santander’s breach of certain of its exclusivity, non-compete and merchant referral obligations under the commercial agreements between the parties. The litigation is at a preliminary stage and the Company cannot at this time determine the likelihood of any outcome or any damages that may be awarded to it. There can be no assurance as to when or if the Company will recover the amounts to which the Company believes it is entitled. The Company is also party to various claims and lawsuits incidental to its business. The Company does not believe the ultimate outcome of such matters, individually or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Information
Segment Information	(20) Segment Information ​ Information on segments and reconciliations to revenue and net income attributable to the shareholders of EVO, Inc. and members of EVO, LLC are set forth below. Segment profit, which is the measure used by our chief operating decision maker to evaluate the performance of and allocate resources to our segments, is calculated as segment revenue less (1) segment expenses, plus (2) segment income from unconsolidated investees, plus (3) segment other income, net, less (4) segment non-controlling interests. ​ Certain corporate-wide governance functions, as well as depreciation and amortization, are not allocated to our segments. The Company does not evaluate performance or allocate resources based on segment assets, and therefore, such information is not presented. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 2021 2022 2021 ​ (In thousands) ​ ​ (In thousands) Segment revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Americas ​ $ 81,692 $ 76,979 ​ $ 158,552 $ 147,406 Europe ​ 55,979 45,256 ​ 106,045 81,009 Revenue ​ $ 137,671 $ 122,235 ​ $ 264,597 $ 228,415 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment profit: ​ ​ Americas ​ $ 36,285 $ 37,781 ​ $ 68,609 $ 67,757 Europe ​ 16,290 17,055 ​ 32,120 26,181 Total segment profit ​ 52,575 54,836 ​ 100,729 93,938 Corporate ​ (7,424) (10,255) ​ (17,973) (16,137) Depreciation and amortization ​ (18,806) (20,695) ​ (39,317) (41,621) Net interest expense ​ (3,482) (5,732) ​ (6,914) (11,589) Provision for income tax expense ​ (7,742) (7,045) ​ (11,101) (11,575) Share-based compensation expense ​ ​ (7,707) ​ ​ (6,489) ​ ​ (14,710) ​ (12,287) Less: Net income (loss) attributable to non-controlling interests of EVO Investco, LLC ​ ​ 3,061 ​ ​ 1,457 ​ ​ 3,778 ​ ​ (1,592) Net income attributable to EVO Payments, Inc. ​ $ 4,353 $ 3,163 ​ $ 6,936 $ 2,321 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital expenditures: ​ ​ ​ ​ ​ ​ Americas ​ $ 4,257 $ 4,025 ​ $ 8,303 $ 6,688 Europe ​ 5,663 5,073 ​ 9,774 13,271 Consolidated total capital expenditures ​ $ 9,920 $ 9,098 ​ $ 18,077 $ 19,959 ​ The Company’s long-lived assets, which consist of equipment and improvements, net, and operating lease right-of-use assets, by geographic location are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Long-lived assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poland ​ ​ ​ ​ ​ ​ ​ $ 31,564 ​ $ 31,534 United States ​ ​ ​ ​ ​ ​ ​ ​ 30,540 ​ ​ 30,228 Mexico ​ ​ ​ ​ ​ ​ ​ ​ 18,424 ​ ​ 18,554 Other ​ ​ ​ ​ ​ ​ ​ ​ 25,214 ​ ​ 22,894 Totals ​ ​ ​ ​ ​ ​ ​ $ 105,742 ​ $ 103,210 ​ Revenue is attributed to individual countries based on the location where the relationship is managed. For the three months ended June 30, 2022, revenue in the United States, Mexico, and Poland, as a percentage of total consolidated revenue, was 34.9%, 21.0%, and 18.0%, respectively. For the three months ended June 30, 2021, revenue in the United States, Mexico, and Poland, as a percentage of total consolidated revenue, was 39.5%, 20.3%, and 17.2%, respectively. For the six months ended June 30, 2022, revenue in the United States, Mexico, and Poland, as a percentage of total consolidated revenue, was 36.1%, 20.4%, and 18.0%, respectively. For the six months ended June 30, 2021, revenue in the United States, Mexico, and Poland, as a percentage of total consolidated revenue, was 40.6%, 20.8%, and 16.6%, respectively. For the three and six months ended June 30, 2022 and 2021, no individual customer represented more than 10% of total revenue.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2022
Shareholders' Equity
Shareholders' Equity	(21) Shareholders’ Equity EVO, Inc. was incorporated under the laws of the State of Delaware on April 20, 2017. On May 25, 2018, we completed the IPO and shares of our Class A common stock began trading on the Nasdaq stock exchange on May 23, 2018 under the symbol “EVOP.” In connection with the IPO, we completed the Reorganization Transactions to implement an “Up-C” capital structure. As a result of the Reorganization Transactions and the IPO, EVO, Inc. is the sole managing member of EVO, LLC and a holding company whose principal assets are the LLC Interests and the preferred membership interests (“Preferred LLC Interests”) in EVO, LLC. As the sole managing member of EVO, LLC, the Company operates and controls all of the business and affairs of EVO, LLC and its subsidiaries. The Company has the sole voting interest in, and controls the management of, EVO, LLC. Therefore, EVO, Inc. has consolidated the financial results of EVO, LLC and its subsidiaries. From the date of the Reorganization Transactions and the IPO until May 24, 2021, the Company had four classes of common stock: Class A common stock, Class B common stock (classified as redeemable non-controlling interest), Class C common stock (classified as non-redeemable non-controlling interest) and Class D common stock (classified as non-redeemable non-controlling interest). On May 25, 2021, pursuant to the Company’s amended and restated certificate of incorporation, all 32,163,538 outstanding shares of Class B common stock were automatically cancelled for no consideration, and each outstanding share of Class C common stock was automatically converted into one share of Class D common stock. Following the cancellation of Class B common stock, Blueapple continues to hold 32,163,538 LLC Interests and maintains all of its rights under the EVO LLC Agreement. Following these changes in the Company’s equity capital structure, the Company has two classes of common stock outstanding: Class A common stock and Class D common stock. The Company has one class of preferred stock outstanding, which is convertible into shares of Class A common stock. The Preferred Stock was issued on April 21, 2020 in connection with an investment by MDP. Refer to Note 16, “Redeemable Preferred Stock,” for additional details regarding the transaction. The voting and economic rights associated with our classes of common and preferred stock are summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ Class of Common Stock Holders Voting rights Economic rights ​ ​ ​ ​ ​ ​ ​ Class A common stock Public, MDP, Executive Officers, and Current and Former Employees One vote per share Yes Class D common stock MDP and Current and Former Employees, and Executive Officers One vote per share No Series A Preferred Stock ​ MDP ​ On an as-converted basis ​ Yes ​ Following the cancellation of Class B common stock on May 25, 2021, Blueapple continues to hold 32,163,538 LLC Interests and maintains all of its rights under the EVO LLC Agreement, including the sale right that provides that, upon the receipt of a sale notice from Blueapple, the Company will use its commercially reasonable best efforts to pursue a public offering of shares of Class A common stock and use the net proceeds therefrom to purchase LLC Interests from Blueapple. Upon the Company’s receipt of such a sale notice, the Company may elect, at its option (determined solely by its independent directors (within the meaning of the rules of Nasdaq) who are disinterested), to cause EVO, LLC to instead redeem the applicable LLC Interests for cash; provided that Blueapple consents to any election by the Company to cause EVO, LLC to redeem the LLC Interests. Continuing LLC Owners (other than Blueapple) have an exchange right providing that, upon receipt of an exchange notice from such Continuing LLC Owners, the Company will exchange the applicable LLC Interests from such Continuing LLC Owners for newly issued shares of its Class A common stock on a one-for-one basis pursuant to an exchange agreement (the “Exchange Agreement”). Upon its receipt of such an exchange notice, the Company may elect, at its option (determined solely by its independent directors (within the meaning of the rules of Nasdaq) who are disinterested), to cause EVO, LLC to instead redeem the applicable LLC Interests for cash; provided that such Continuing LLC Owners consents to any election by the Company to cause EVO, LLC to redeem the LLC Interests. In the event that Continuing LLC Owners do not consent to an election by the Company to cause EVO, LLC to redeem the LLC Interests, the Company is required to exchange the applicable LLC Interests for newly issued shares of Class A common stock. ​ If the Company elects to cause EVO, LLC to redeem LLC Interests for cash in lieu of exchanging LLC Interests for newly issued shares of its Class A common stock, the Company will offer the other Continuing LLC Owners the right to have their respective LLC Interests redeemed in an amount up to such person’s pro rata share of the aggregate LLC Interests to be redeemed. The Company is not required to redeem any LLC Interests from Blueapple or any other Continuing LLC Owners in response to a sale notice from Blueapple if the Company elects to pursue, but is unable to complete, a public offering of shares of its Class A common stock. Continuing LLC Owners also hold certain registration rights pursuant to a registration rights agreement. MDP holds demand registration rights that require the Company to register shares of Class A common stock held by it, including any Class A common stock received upon its exchange of Class A common stock for its LLC Interests, or upon conversion of any shares of Preferred Stock held by MDP. All Continuing LLC Owners (other than Blueapple) hold customary piggyback registration rights, which includes the right to participate on a pro rata basis in any public offering the Company conducts in response to its receipt of a sale notice from Blueapple. Blueapple also has the right, in connection with any public offering the Company conducts (including any offering conducted as a result of an exercise by MDP of its registration rights), to request that the Company uses its commercially reasonable best efforts to pursue a public offering of shares of its Class A common stock and use the net proceeds therefrom to purchase a like amount of Blueapple’s LLC Interests.

Stock Compensation Plans and Sh

Stock Compensation Plans and Share-Based Compensation Awards	6 Months Ended
	Jun. 30, 2022
Stock Compensation Plans and Share-Based Compensation Awards
Stock Compensation Plans and Share-Based Compensation Awards	(22) Stock Compensation Plans and Share-Based Compensation Awards The Company provides share-based compensation awards to its employees under the Amended and Restated 2018 Omnibus Incentive Stock Plan (the “Amended and Restated 2018 Plan”). The original Omnibus Equity Incentive Plan (the “2018 Plan”) was adopted in conjunction with the Company’s IPO and became effective on May 22, 2018. In February 2020, the Company adopted the Amended and Restated 2018 Plan, which was approved by the Company’s stockholders at the Company’s 2020 annual meeting of stockholders held in June 2020. The Amended and Restated 2018 Plan amended and restated the 2018 Plan in its entirety and increased the number of shares of the Company’s Class A common stock available for grant and issuance under the 2018 Plan from 7,792,162 shares to 15,142,162 shares. The Amended and Restated 2018 Plan was further amended in November 2021 solely to clarify certain provisions in anticipation of the implementation of the Company’s performance-based equity awards. The Amended and Restated 2018 Plan provides for accelerated vesting under certain conditions. ​ The following table summarizes share-based compensation expense, and the related income tax benefit recognized for share-based compensation awards. Share-based compensation expense is presented within selling, general, and administrative expenses within the unaudited condensed consolidated statements of operations and comprehensive (loss) income: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, Six Months Ended June 30, ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ ​ (In thousands) Share-based compensation expense ​ $ 7,707 ​ $ 6,489 ​ $ 14,710 ​ $ 12,287 Income tax benefit ​ $ (1,237) ​ $ (963) ​ $ (2,365) ​ $ (1,921) ​ Restricted stock units ​ Service-Based Restricted Stock Units ​ The Company recognized share-based compensation expense for RSUs granted of $4.5 $3.2 $8.3 $5.7 ​ A summary of RSUs activity is as follows (in thousands, except per share data): ​ ​ ​ ​ ​ ​ ​ ​ Number of RSUs ​ Weighted-average grant date fair value ​ ​ ​ ​ ​ ​ Balance at December 31, 2021 ​ 1,339 ​ $ 24.35 Granted ​ 956 ​ ​ 23.60 Vested ​ (547) ​ ​ 22.37 Forfeited ​ (38) ​ ​ 24.24 Balance at June 30, 2022 ​ 1,710 ​ $ 24.55 ​ As of June 30, 2022 and 2021, total unrecognized share-based compensation expense related to outstanding RSUs was $35.7 $28.9 three $12.2 $7.8 ​ Stock options ​ Service-Based Stock Options ​ The Company recognized share-based compensation expense for the service-based stock options granted of $2.3 $2.9 $4.9 $6.0 ​ A summary of service-based stock option activity is as follows (in thousands, except per share and term data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Options ​ Weighted-average grant date fair value ​ Weighted-average exercise price ​ Weighted-average remaining contractual term ​ Total intrinsic value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at December 31, 2021 ​ 5,491 ​ $ 8.11 ​ $ 22.19 ​ ​ 7.67 ​ $ 19,802 Granted ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Exercised ​ (76) ​ ​ 5.77 ​ ​ 15.07 ​ ​ — ​ ​ 635 Forfeited ​ (87) ​ ​ 9.17 ​ ​ 25.22 ​ ​ — ​ ​ — Balance at June 30, 2022 ​ 5,328 ​ $ 8.12 ​ ​ 22.23 ​ ​ 7.16 ​ $ 14,536 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exercisable at June 30, 2022 ​ 3,695 ​ $ 7.70 ​ $ 20.72 ​ ​ 6.82 ​ $ 14,502 ​ As of June 30, 2022 and 2021, total unrecognized share-based compensation expense related to unvested service-based stock options was $12.2 million and $24.9 the Chief Executive Officer (“CEO”)) Market and Service-Based Stock Options ​ During the quarter ended March 31, 2021, 287,395 stock options with a fair value of approximately $2.9 million were granted to the Company’s CEO. These options vest only upon the satisfaction of certain market-based and service-based vesting conditions. The market-based vesting condition, which was met in the second quarter of 2021, required that the twenty trading day trailing average price for the Company’s Class A common stock must equal or exceed 110% of the closing price of the Company’s Class A common stock on the grant date for a period of twenty e ​ For the purpose of calculating share-based compensation expense, the fair value of this grant was determined through the application of the Monte-Carlo simulation model with the following assumptions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ ​ 2021 ​ ​ ​ ​ ​ ​ ​ Expected life (in years) ​ ​ 7.00 Weighted-average risk-free interest rate ​ ​ 1.15% Expected volatility ​ ​ 34.65% Dividend yield ​ ​ 0.00% Exercise price ​ $ 25.46 ​ The Company recognizes share-based compensation expense related to this award with market-based and service-based conditions over the derived service period of 3.0 years $0.2 $0.6 $0.9 1.3 ​ Performance-stock units ​ Performance and service based stock units ​ During the quarter ended March 31, 2022, the Compensation Committee of the Board of Directors granted 151,187 Performance Stock Units (“PSUs”) with a grant date fair value of approximately $3.6 million to the Company’s executive officers under the Company’s long-term incentive plan. The PSUs will cliff vest three years from the grant date at a range between 0% and 200% based upon annual performance cycles and settle in Class A common stock. The vesting criteria is based on financial performance measures including revenue and EPS growth targets. ​ The Company recognized share-based compensation expense for PSUs granted of $0.4 million and $0.5 million for the three and six months ended June 30, 2022 , respectively. , Market and service-based performance stock units ​ During the quarter ended March 31, 2022, the Compensation Committee of the Board of Directors granted 151,187 market and service-based performance stock units (“MPSUs”) with a grant date fair value of approximately $ 3.9 twenty twenty ​ For the purpose of calculating share-based compensation expense, the fair value of this grant was determined through the application of the Monte-Carlo simulation model with the following assumptions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ ​ 2022 ​ ​ ​ ​ ​ ​ ​ Expected life (in years) ​ ​ 3.10 Weighted-average risk-free interest rate ​ ​ 1.74% Expected volatility ​ ​ 47.62% Dividend yield ​ ​ 0.00% Estimated grant date fair value (per share) ​ $ 23.69 ​ The Company recognized share-based compensation expense for these MPSUs of $0.3 million and $0.4 million for the three and six months ended June 30, 2022, respectively. As of June 30, 2022, total unrecognized share-based compensation expense related to these MPSUs was $3.5 million. The weighted-average remaining vesting period over which expense will be recognized for these MPSUs is 2.8 years as of June 30, 2022.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events
Subsequent Events	(23) Subsequent Events ​ Merger with Global Payments Inc. ​ On August 1, 2022, EVO, Inc. entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Global Payments Inc. (“Global Payments”) and Falcon Merger Sub, Inc., a wholly-owned subsidiary of Global Payments (“Merger Sub”). Subject to the terms and conditions of the Merger Agreement, Global Payments has agreed to acquire EVO, Inc. in an all-cash transaction for $34.00 per share of Class A common stock. ​ Tax Receivable Agreement Amendment In connection with the execution and delivery of the Merger Agreement, EVO, Inc., EVO, LLC and certain other parties to the TRA entered into Amendment No. 1 to the Tax Receivable Agreement (the “TRA Amendment”), pursuant to which such parties agreed to certain terms with respect to the treatment of the TRA upon the consummation of the Merger. In the event the Merger Agreement is terminated, the TRA Amendment will no longer be of any force and effect. ​

Description of Business and S_2

Description of Business and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Description of Business and Summary of Significant Accounting Policies
Basis of Presentation and Use of Estimates	(b) Basis of Presentation and Use of Estimates Certain prior period amounts have been reclassified to conform to the current period presentation where applicable. The accompanying unaudited condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, the unaudited condensed consolidated statements of operations and comprehensive (loss) income for the three and six months ended June 30, 2022 and 2021, the unaudited condensed consolidated statements of changes in equity (deficit) for the three and six months ended June 30, 2022 and 2021, and the unaudited condensed consolidated statements of cash flows for the six months ended June 30, 2022 and 2021 reflect all adjustments that are of a normal, recurring nature and that are considered necessary for a fair presentation of the results for the periods shown in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) for interim financial reporting periods. Accordingly, certain information and footnote disclosures have been condensed or omitted in accordance with SEC rules that would ordinarily be required under U.S. GAAP for complete financial statements. The unaudited interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported assets and liabilities, as of the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. Estimates used for accounting purposes include, but are not limited to, valuation of redeemable non-controlling interests (“RNCI”), evaluation of realizability of deferred tax assets, determination of liabilities under the tax receivable agreement, determination of liabilities and corresponding right-of-use assets arising from lease agreements, determination of assets or liabilities arising from derivative transactions, determination of fair value of share-based compensation, establishment of severance liabilities, establishment of allowance for doubtful accounts, and assessment of impairment of goodwill and intangible assets.
Principles of Consolidation	(c) Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of the Company. As the sole managing member of EVO, LLC, the Company exerts control over the Group. In accordance with Accounting Standards Codification (“ASC”) 810, Consolidation
Cash and Cash Equivalents, Restricted Cash, Settlement Related Cash and Merchant Reserves	(d) Cash and Cash Equivalents, Restricted Cash, Settlement Related Cash and Merchant Reserves Cash and cash equivalents include all cash balances and highly liquid securities with original maturities of three months or less. Cash balances often exceed federally insured limits; however, concentration of credit risk is limited due to the payment of funds on the same day or the day following receipt in satisfaction of the settlement process. Included in cash and cash equivalents are settlement-related cash and merchant reserves. ​ Settlement-related cash represents funds that the Company holds when the incoming amount from the card networks precedes the funding obligation to the merchant. Settlement-related cash balances are not restricted; however, these funds are generally paid out in satisfaction of settlement processing obligations and therefore are not available for general purposes. As of June 30, 2022 and December 31, 2021, settlement-related cash balances were $139.3 million and $133.3 ​ Merchant reserves represent funds collected from the Company’s merchants that serve as collateral to minimize contingent liabilities associated with any losses that may occur under the respective merchant agreements. While this cash is not restricted in its use, the Company believes that maintaining merchant reserves to collateralize merchant losses strengthens its fiduciary standings with its card network sponsors and is in accordance with the guidelines set by the card networks. As of June 30, 2022 and December 31, 2021 $101.6 ​ Restricted cash represents funds held as a liquidity reserve at our Chilean subsidiary, as required by local regulations. ​ The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported in the unaudited condensed consolidated balance sheets to the total amount shown in the unaudited condensed consolidated statements of cash flows: ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 ​ 2021 ​ (In thousands) Cash and cash equivalents $ 438,655 $ 410,368 Restricted cash included in other assets 245 247 Total cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows $ 438,900 $ 410,615 ​
Derivatives	(e) Derivatives The Company recognizes derivatives on the consolidated balance sheets at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of a particular derivative, whether the Company has elected to designate or not designate such derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. ​ Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a cash flow hedge. Investments in foreign operations with functional currencies other than the reporting currency are subject to foreign currency risk as foreign instruments are remeasured each period resulting in fluctuations in the cumulative translation adjustment (CTA) section within other comprehensive (loss) income. Net investment hedge accounting offers protection from remeasurement risk as changes in fair value of the derivative are also recorded in CTA. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. ​ The Company uses a forward contract, foreign currency swap, and window forward contracts to mitigate its exposure to fluctuations in foreign currency exchange rates. The Company elected not to designate the instruments as a hedge and they are not subject to hedge accounting. ​ The Company entered into a cross currency swap to hedge the risk of fluctuations in the exchange rate related to a net investment in a foreign subsidiary. The Company designated the cross currency swap as a net investment hedge. Changes in the fair value of a net investment hedge are recorded in accumulated other comprehensive loss and reclassified into earnings when the hedged net investment is sold or substantially liquidated. Components excluded from the assessment of effectiveness will be recognized in earnings using a systematic and rational method over the life of the hedging instrument. ​ Changes in the fair value of a derivative that is designated as, and meets all the required criteria for, a cash flow hedge are recorded in accumulated other comprehensive loss and reclassified into earnings as the underlying hedged item affects earnings. Changes in the fair value of a derivative that is not designated as a cash flow hedge are recorded as a component of other income (expense). ​ Refer to Note 14, “Derivatives,” and Note 18, “Fair Value,” for further information on the derivative instruments.
Recent Accounting Pronouncements	(f) Recent Accounting Pronouncements New accounting pronouncements issued by the Financial Accounting Standards Board (the “FASB”) or other standards setting bodies are adopted as of the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on the Company’s consolidated financial statements upon adoption. Recently Adopted Accounting Pronouncement Convertible Instruments and Contracts in an Entity’s Own Equity ​ In August 2020, the FASB issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity ​ Recently Issued Accounting Pronouncements Not Yet Adopted Reference Rate Reform ​ In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform ​ Acquired Contract Assets and Liabilities in Business Combinations ​ In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers Revenue from Contracts with Customers (Topic 606).
Correction to previously reported consolidated statements of cash flows	(g) Correction to previously reported consolidated statements of cash flows The Company has revised the financing section of its unaudited condensed consolidated statements of cash flows to separately classify net repayments on its settlement lines of credit of approximately $2.1 million for the six months ended June 30, 2021. As a result, the accompanying unaudited condensed consolidated statements of cash flows have been revised to correct this immaterial classification error by decreasing previously reported proceeds from long-term debt by approximately $4.2 million, and decreasing previously reported repayments of long-term debt by approximately $6.3 million, for the six months ended June 30, 2021. This revision had no effect on our previously reported net cash flows from financing activities, or on any other previously reported amounts in our unaudited condensed consolidated financial statements for the six months ended June 30, 2021.

Description of Business and S_3

Description of Business and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Description of Business and Summary of Significant Accounting Policies
Schedule of cash, cash equivalents and restricted cash	​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 ​ 2021 ​ (In thousands) Cash and cash equivalents $ 438,655 $ 410,368 Restricted cash included in other assets 245 247 Total cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows $ 438,900 $ 410,615

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue
Summary of revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2022 ​ Six Months Ended June 30, 2022 ​ ​ Americas Europe Total Americas Europe Total ​ ​ (In thousands) ​ (In thousands) Divisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Direct ​ $ 36,023 ​ ​ 42,751 ​ $ 78,774 ​ $ 68,215 ​ $ 81,190 ​ $ 149,405 Tech-enabled ​ ​ 35,426 ​ ​ 13,228 ​ 48,654 ​ ​ 70,007 ​ 24,855 ​ 94,862 Traditional ​ 10,243 ​ ​ — 10,243 ​ 20,330 — 20,330 Totals ​ $ 81,692 $ 55,979 $ 137,671 ​ $ 158,552 $ 106,045 $ 264,597 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2021 ​ Six Months Ended June 30, 2021 ​ ​ Americas Europe Total Americas Europe Total ​ ​ (In thousands) ​ (In thousands) Divisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Direct ​ $ 32,449 ​ ​ 35,874 ​ $ 68,323 ​ $ 61,353 ​ $ 64,096 ​ $ 125,449 Tech-enabled ​ ​ 33,623 ​ ​ 9,382 ​ 43,005 ​ ​ 64,782 ​ 16,913 ​ 81,695 Traditional ​ 10,907 ​ ​ — 10,907 ​ 21,271 — 21,271 Totals ​ $ 76,979 $ 45,256 $ 122,235 ​ $ 147,406 $ 81,009 $ 228,415

Settlement Processing Assets _2

Settlement Processing Assets and Obligations (Tables)	6 Months Ended
	Jun. 30, 2022
Settlement Processing Assets and Obligations
Summary of settlement processing assets and obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 ​ ​ (In thousands) Settlement processing assets: ​ ​ Receivable from card networks ​ $ 252,798 $ 209,734 Receivable from merchants ​ 98,801 101,947 Totals ​ $ 351,599 $ 311,681 ​ ​ ​ ​ ​ ​ ​ Settlement processing obligations: ​ ​ Settlement liabilities due to merchants ​ $ (380,504) $ (320,537) Merchant reserves ​ (99,971) (101,572) Totals ​ $ (480,475) $ (422,109)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share
Schedule of computation of basic and diluted net loss per share	The following table sets forth the computation of the Company's basic and diluted earnings per share of Class A common stock, as well as the anti-dilutive shares excluded (in thousands, except share and per share data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2022 ​ 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to EVO Payments, Inc. ​ $ 4,353 ​ $ 6,936 ​ $ 3,163 ​ $ 2,321 Less: Accrual of redeemable preferred stock paid-in-kind dividends ​ ​ 2,603 ​ ​ 5,137 ​ ​ 2,445 ​ ​ 4,827 Less: Allocation of undistributed earnings to preferred shares ​ ​ 324 ​ ​ 332 ​ ​ 129 ​ ​ — Undistributed income (loss) attributable to shares of Class A common stock ​ $ 1,426 ​ $ 1,467 ​ $ 589 ​ $ (2,506) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average Class A common stock outstanding ​ 47,862,425 ​ 47,702,066 ​ 47,038,194 ​ 46,775,245 Effect of dilutive securities ​ 752,707 ​ — ​ — ​ — Total dilutive securities ​ ​ 48,615,132 ​ ​ 47,702,066 ​ ​ 47,038,194 ​ ​ 46,775,245 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic ​ $ 0.03 ​ $ 0.03 ​ $ 0.01 ​ $ (0.05) Diluted ​ $ 0.03 ​ $ 0.03 ​ $ 0.01 ​ $ (0.05) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average anti-dilutive securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Redeemable preferred stock ​ ​ 152,250 ​ ​ 152,250 ​ ​ 152,250 ​ ​ 152,250 Stock options ​ ​ — ​ ​ 5,718,225 ​ ​ 6,081,132 ​ ​ 5,785,041 RSUs ​ ​ — ​ ​ 1,651,492 ​ ​ 1,451,977 ​ ​ 1,369,429 RSAs ​ ​ — ​ ​ 145 ​ ​ 291 ​ ​ 621 PSUs ​ ​ 302,374 ​ ​ 212,163 ​ ​ — ​ ​ — Class C common stock ​ ​ — ​ ​ — ​ ​ 965,197 ​ ​ 1,328,614 Class D common stock ​ ​ 3,783,074 ​ ​ 3,783,074 ​ ​ 2,934,418 ​ ​ 2,655,306

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2022
Pago Facil
Acquisitions
Schedule of assets acquired and liabilities assumed	​ ​ ​ ​ ​ ​ ​ ​ As of the ​ Estimated ​ ​ acquisition date ​ Useful Life Definite-lived intangible assets ​ (In thousands ) ​ ​ Acquired software ​ $ 9,400 ​ 5 years Customer relationships ​ ​ 3,000 ​ 7 years Trademarks ​ ​ 440 ​ 2 years Non-compete agreement ​ ​ 150 ​ 3 years Deferred tax liabilities ​ ​ (3,507) ​ ​ Other assets, net ​ ​ 855 ​ ​ Goodwill ​ ​ 10,562 ​ ​ Total purchase price ​ $ 20,900 ​ ​

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases
Schedule of maturities of lease liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Years ending: ​ ​ 2022 (remainder of the year) $ 4,212 2023 ​ 8,787 2024 ​ 8,278 2025 ​ 7,730 2026 ​ 7,196 2027 and thereafter ​ 12,361 Total future minimum lease payments (undiscounted) ​ 48,564 Less: present value discount ​ (7,712) Present value of lease liability $ 40,852

Equipment and Improvements (Tab

Equipment and Improvements (Tables)	6 Months Ended
	Jun. 30, 2022
Equipment and Improvements
Schedule of equipment and improvements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Estimated ​ ​ ​ ​ ​ ​ ​ ​ Useful ​ ​ ​ ​ ​ ​ ​ ​ Lives in ​ June 30, ​ December 31, ​ ​ Years ​ 2022 ​ 2021 ​ ​ ​ ​ (In thousands) Card processing equipment 3-5 ​ $ 165,155 $ 155,843 Office equipment ​ 3-5 ​ ​ 47,214 ​ ​ 44,393 Computer software 3-5 ​ 59,645 60,226 Leasehold improvements various ​ 18,325 17,883 Furniture and fixtures 5-7 ​ 4,766 4,433 Totals ​ ​ ​ 295,105 282,778 Less accumulated depreciation ​ ​ ​ (224,028) (213,761) Foreign currency translation adjustment ​ ​ ​ (4,500) (511) Totals ​ ​ ​ $ 66,577 $ 68,506

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Schedule of intangible assets, net	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Gross carrying value ​ Accumulated amortization ​ Accumulated impairment charges ​ Translation and other adjustments ​ Net ​ ​ (In thousands) Merchant contract portfolios and customer relationships ​ $ 297,713 ​ $ (203,507) ​ $ (5,685) ​ $ (31,832) ​ $ 56,689 Marketing alliance agreements ​ ​ 197,412 ​ ​ (87,823) ​ ​ (7,557) ​ ​ (23,028) ​ ​ 79,004 Internally developed and acquired software ​ ​ 128,690 ​ ​ (59,411) ​ ​ (9,324) ​ ​ (5,144) ​ ​ 54,811 Trademarks, definite-lived ​ ​ 20,851 ​ ​ (13,863) ​ ​ - ​ ​ (3,807) ​ ​ 3,181 Non-compete agreements ​ ​ 150 ​ ​ (47) ​ ​ - ​ ​ (27) ​ ​ 76 Total ​ $ 644,816 ​ $ (364,651) ​ $ (22,566) ​ $ (63,838) ​ $ 193,761 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ Gross carrying value ​ Accumulated amortization ​ Accumulated impairment charges ​ Translation and other adjustments ​ Net ​ ​ (In thousands) Merchant contract portfolios and customer relationships ​ $ 297,056 ​ $ (197,187) ​ $ (5,685) ​ $ (30,713) ​ $ 63,471 Marketing alliance agreements ​ ​ 197,412 ​ ​ (79,811) ​ ​ (7,557) ​ ​ (20,896) ​ ​ 89,148 Internally developed and acquired software ​ ​ 110,396 ​ ​ (53,110) ​ ​ (10,191) ​ ​ (3,236) ​ ​ 43,859 Trademarks, definite-lived ​ ​ 22,068 ​ ​ (13,427) ​ ​ (901) ​ ​ (3,596) ​ ​ 4,144 Non-compete agreements ​ ​ 6,612 ​ ​ (6,487) ​ ​ - ​ ​ (21) ​ ​ 104 Total ​ $ 633,544 ​ $ (350,022) ​ $ (24,334) ​ $ (58,462) ​ $ 200,726
Schedule of estimated amortization expense	​ ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Years ending: ​ 2022 (remainder of the year) ​ $ 23,477 2023 ​ 41,184 2024 ​ 30,902 2025 ​ 23,112 2026 ​ ​ 17,330 2027 and thereafter ​ 57,756 Total ​ $ 193,761
Schedule of intangible assets, net by segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 ​ ​ (In thousands) Intangible assets, net: ​ ​ Americas ​ ​ Merchant contract portfolios and customer relationships ​ $ 45,578 $ 49,435 Marketing alliance agreements ​ 53,111 56,996 Internally developed and acquired software ​ 41,624 28,812 Trademarks, definite-lived ​ ​ 1,367 ​ ​ 1,497 Non-compete agreements ​ ​ 76 ​ ​ 104 Total ​ 141,756 136,844 ​ ​ Europe ​ Merchant contract portfolios and customer relationships ​ 11,111 14,036 Marketing alliance agreements ​ 25,893 32,152 Internally developed and acquired software ​ 13,187 15,047 Trademarks, definite-lived ​ ​ 1,814 ​ ​ 2,647 Total ​ 52,005 63,882 ​ ​ ​ ​ ​ ​ ​ Total intangible assets, net ​ $ 193,761 $ 200,726
Schedule of goodwill activity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Reportable Segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Americas ​ Europe ​ Total ​ ​ (In thousands) Goodwill, gross, as of December 31, 2021 ​ $ 274,930 $ 135,012 $ 409,942 Accumulated impairment losses ​ — (24,291) (24,291) Goodwill, net, as of December 31, 2021 ​ 274,930 110,721 385,651 Business combinations ​ 6,790 — 6,790 Foreign currency translation adjustment ​ (872) (10,383) (11,255) Goodwill, net, as of June 30, 2022 ​ $ 280,848 $ 100,338 $ 381,186

Accounts Payable, Accrued Exp_2

Accounts Payable, Accrued Expenses, and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Accounts Payable, Accrued Expenses, and Other Current Liabilities
Schedule of accounts payable, accrued expenses, and other current liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ ​ (In thousands) Compensation and related benefits ​ $ 17,199 $ 23,205 Third-party processing and payment network fees ​ 43,147 43,529 Trade payables ​ 10,108 6,089 Taxes payable ​ 14,710 20,399 Commissions payable to third parties ​ 15,662 16,025 Unearned revenue ​ 4,469 4,723 Other ​ ​ 29,371 19,979 Total accounts payable, accrued expenses, and other current liabilities ​ $ 134,666 ​ $ 133,949

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2022
Related Party Transactions
Schedule of related party balances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 ​ ​ (In thousands) Due from related parties, current ​ $ 569 $ 782 Due to related parties, current ​ ​ (4,208) ​ (4,207) Due to related parties, long-term ​ ​ (185) ​ (185)

Long-Term Debt and Lines of C_2

Long-Term Debt and Lines of Credit (Tables)	6 Months Ended
	Jun. 30, 2022
Long-Term Debt and Lines of Credit
Summary of long-term debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, December 31, ​ ​ 2022 ​ 2021 ​ ​ (In thousands) Term loan ​ $ 580,650 $ 588,000 Revolver ​ 6,700 ​ — Less debt issuance costs ​ (4,761) ​ (5,310) Total long-term debt ​ 582,589 ​ 582,690 Less current portion of long-term debt, net of current portion of debt issuance costs ​ (14,092) ​ (14,058) Total long-term debt, net of current portion ​ $ 568,497 $ 568,632
Schedule of principal payment requirements	​ ​ ​ ​ ​ Years ending: ​ (In thousands) 2022 (remainder of the year) ​ $ 7,350 2023 ​ ​ 14,700 2024 ​ 29,400 2025 ​ ​ 44,100 2026 ​ 491,800 2027 and thereafter ​ ​ — Total ​ $ 587,350

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2022
Derivatives
Summary of fair value of the interest rate swap	​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Balance Sheet ​ Fair Value ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ Interest Rate Swap - current portion Other current assets $ 6,192 ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Balance Sheet ​ Fair Value ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ Interest Rate Swap - current portion Other current assets $ 1,297
Schedule of effect of hedge accounting on accumulated other comprehensive (loss) income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 ​ 2021 ​ (In thousands) Beginning accumulated derivative gain (loss) in accumulated other comprehensive loss $ 4,927 ​ $ 1,297 ​ $ (88) ​ $ (533) Derivative gain (loss) recognized in the current period in accumulated other comprehensive loss ​ 1,995 ​ ​ 5,557 ​ ​ (143) ​ ​ 214 Less: Derivative gain (loss) reclassified from accumulated other comprehensive loss to interest expense ​ 730 ​ ​ 662 ​ ​ (118) ​ ​ (206) Ending accumulated derivative gain (loss) in accumulated other comprehensive loss $ 6,192 ​ $ 6,192 ​ $ (113) ​ $ (113) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 ​ 2021 ​ (In thousands) Total interest expense including the effects of cash flow hedges $ (4,120) ​ $ (8,374) ​ $ (6,061) ​ $ (12,159) Derivative gain (loss) reclassified from accumulated other comprehensive loss into interest expense $ 730 ​ $ 662 ​ $ (118) ​ $ (206)
Schedule of net investment hedge on accumulated other comprehensive (loss) income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of Gain (Loss) Recognized in OCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income ​ Three and Six Months Ended June 30, 2022 ​ (In thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ Cross Currency Swap $ 653 ​ ​ Interest expense ​ $ —
Summary of fair value of the foreign currency swap	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Settlement ​ Balance Sheet ​ Fair Value ​ Date ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward Contract April 13, 2023 ​ Other current assets $ 2,768
Schedule of effect of foreign currency contract on accumulated other comprehensive (loss) income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Location of Unrealized Three Months Ended June 30, Six Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, ​ ​ Gain or (Loss) ​ 2022 ​ 2021 ​ ​ ​ ​ (In thousands) Forward Contract ​ Other income ​ $ 2,768 ​ $ 2,768 ​ $ — ​ $ — Foreign Currency Swap ​ Other expense ​ ​ — ​ ​ — ​ ​ (163) ​ ​ (163) Window Forwards ​ Other income ​ ​ — ​ ​ — ​ ​ 1,804 ​ ​ 1,804
Cross Currency Swap
Derivatives
Schedule of fair value of the cross currency swap	​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Balance Sheet ​ Fair Value ​ Location ​ (In thousands) ​ ​ ​ ​ ​ ​ Cross Currency Swap - current portion Other current assets $ 335 Cross Currency Swap - long-term portion Other long-term liabilities $ (8)

Supplemental Cash Flows Infor_2

Supplemental Cash Flows Information (Tables)	6 Months Ended
	Jun. 30, 2022
Supplemental Cash Flows Information
Schedule of supplemental cash flow disclosures and non-cash investing and financing activities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ 2022 2021 ​ ​ (In thousands) Supplemental disclosure of cash flow data: ​ ​ ​ ​ Interest paid ​ $ 7,981 $ 10,776 Income taxes paid ​ 7,142 5,561 ​ ​ ​ ​ ​ ​ ​ Supplemental disclosure of non-cash investing and financing activities: ​ ​ Operating lease liabilities arising from obtaining new or modified right-of-use assets ​ $ 9,554 ​ $ 2,197 Decrease in operating lease liabilities and corresponding right-of-use assets resulting from lease modifications ​ ​ — ​ ​ (2,559) Software and equipment assets acquired by assuming directly related liabilities ​ ​ 4,653 ​ ​ — Deferred consideration payable ​ ​ 5,321 ​ 2,900 Accrual of redeemable preferred stock paid-in-kind-dividends ​ ​ 5,137 ​ ​ 4,827 Exchanges of Class C and Class D common stock for Class A common stock ​ ​ — ​ ​ 13,231

Redeemable Non-controlling In_2

Redeemable Non-controlling Interests (Tables)	6 Months Ended
	Jun. 30, 2022
Redeemable Non-controlling Interests
Schedule of components of redeemable non-controlling interest	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Blueapple ​ eService ​ Chile ​ Total ​ ​ (In thousands) Beginning balance, January 1, 2022 ​ $ 823,386 ​ $ 198,531 ​ $ 7,173 ​ $ 1,029,090 Distributions ​ ​ — ​ ​ (6,989) ​ ​ — ​ ​ (6,989) Net income (loss) attributable to RNCI ​ ​ 3,380 ​ ​ 5,817 ​ ​ (806) ​ ​ 8,391 Unrealized loss on foreign currency translation adjustment ​ ​ (9,061) ​ ​ (5,466) ​ ​ (214) ​ ​ (14,741) Unrealized gain on change in fair value of interest rate swap ​ ​ 1,884 ​ ​ — ​ ​ — ​ ​ 1,884 Unrealized gain on change in fair value of cross currency swap ​ ​ 251 ​ ​ — ​ ​ — ​ ​ 251 (Decrease) increase in the maximum redemption amount of RNCI ​ ​ (61,669) ​ ​ 4,376 ​ ​ — ​ ​ (57,293) Allocation of eService fair value RNCI adjustment to Blueapple ​ ​ (1,685) ​ ​ — ​ ​ — ​ ​ (1,685) Ending balance, June 30, 2022 ​ $ 756,486 ​ $ 196,269 ​ $ 6,153 ​ $ 958,908 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Blueapple ​ eService ​ Chile ​ Total ​ ​ (In thousands) Beginning balance, January 1, 2021 ​ $ 868,738 ​ $ 186,436 ​ $ 459 ​ $ 1,055,633 Contributions ​ ​ — ​ ​ — ​ ​ 1,487 ​ ​ 1,487 Distributions ​ ​ — ​ ​ (13,655) ​ ​ — ​ ​ (13,655) Net income (loss) attributable to RNCI ​ ​ 47 ​ ​ 10,329 ​ ​ (1,595) ​ ​ 8,781 Unrealized loss on foreign currency translation adjustment ​ ​ (10,313) ​ ​ (5,045) ​ ​ (721) ​ ​ (16,079) Unrealized gain on change in fair value of interest rate swap ​ ​ 707 ​ ​ — ​ ​ — ​ ​ 707 (Decrease) increase in the maximum redemption amount of RNCI ​ ​ (25,009) ​ ​ 20,466 ​ ​ 7,543 ​ ​ 3,000 Allocation of eService fair value RNCI adjustment to Blueapple ​ ​ (7,869) ​ ​ — ​ ​ — ​ ​ (7,869) Allocation of Chile fair value RNCI adjustment to Blueapple ​ ​ (2,915) ​ ​ — ​ ​ — ​ ​ (2,915) Ending balance, December 31, 2021 ​ $ 823,386 ​ $ 198,531 ​ $ 7,173 ​ $ 1,029,090

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value
Schedule of information about items which are carried at fair value on a recurring basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ (In thousands) ​ Level 1 Level 2 Level 3 Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash equivalents ​ $ 36,618 $ — $ — $ 36,618 Contingent consideration ​ — — (421) (421) Blueapple RNCI ​ ​ (756,486) ​ ​ — ​ ​ — ​ ​ (756,486) eService RNCI ​ — — (196,269) (196,269) Chile RNCI ​ ​ — — (6,153) (6,153) Interest rate swap ​ ​ — ​ ​ 6,192 ​ ​ — ​ ​ 6,192 Cross currency swap ​ ​ — ​ ​ 327 ​ ​ — ​ ​ 327 Forward contract ​ ​ — ​ ​ 2,768 ​ ​ — ​ ​ 2,768 Investment in equity securities ​ ​ — ​ ​ 23,095 ​ ​ — ​ ​ 23,095 Total ​ $ (719,868) $ 32,382 $ (202,843) $ (890,329) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ (In thousands) ​ Level 1 Level 2 Level 3 Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash equivalents ​ $ 95,919 $ — $ — $ 95,919 Contingent consideration ​ — — (611) (611) Blueapple RNCI ​ ​ (823,386) ​ ​ — ​ ​ — ​ ​ (823,386) eService RNCI ​ — — (198,531) (198,531) Chile RNCI ​ ​ — ​ ​ — ​ ​ (7,173) ​ ​ (7,173) Interest rate swap ​ — ​ 1,297 ​ — ​ 1,297 Investment in equity securities ​ — ​ 25,398 ​ — ​ 25,398 Total ​ $ (727,467) $ 26,695 $ (206,315) $ (907,087)

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Information
Summary of segment information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 2021 2022 2021 ​ (In thousands) ​ ​ (In thousands) Segment revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Americas ​ $ 81,692 $ 76,979 ​ $ 158,552 $ 147,406 Europe ​ 55,979 45,256 ​ 106,045 81,009 Revenue ​ $ 137,671 $ 122,235 ​ $ 264,597 $ 228,415 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment profit: ​ ​ Americas ​ $ 36,285 $ 37,781 ​ $ 68,609 $ 67,757 Europe ​ 16,290 17,055 ​ 32,120 26,181 Total segment profit ​ 52,575 54,836 ​ 100,729 93,938 Corporate ​ (7,424) (10,255) ​ (17,973) (16,137) Depreciation and amortization ​ (18,806) (20,695) ​ (39,317) (41,621) Net interest expense ​ (3,482) (5,732) ​ (6,914) (11,589) Provision for income tax expense ​ (7,742) (7,045) ​ (11,101) (11,575) Share-based compensation expense ​ ​ (7,707) ​ ​ (6,489) ​ ​ (14,710) ​ (12,287) Less: Net income (loss) attributable to non-controlling interests of EVO Investco, LLC ​ ​ 3,061 ​ ​ 1,457 ​ ​ 3,778 ​ ​ (1,592) Net income attributable to EVO Payments, Inc. ​ $ 4,353 $ 3,163 ​ $ 6,936 $ 2,321 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital expenditures: ​ ​ ​ ​ ​ ​ Americas ​ $ 4,257 $ 4,025 ​ $ 8,303 $ 6,688 Europe ​ 5,663 5,073 ​ 9,774 13,271 Consolidated total capital expenditures ​ $ 9,920 $ 9,098 ​ $ 18,077 $ 19,959
Schedule of long lived assets by geographic location	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ ​ ​ ​ ​ ​ ​ 2022 2021 ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Long-lived assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Poland ​ ​ ​ ​ ​ ​ ​ $ 31,564 ​ $ 31,534 United States ​ ​ ​ ​ ​ ​ ​ ​ 30,540 ​ ​ 30,228 Mexico ​ ​ ​ ​ ​ ​ ​ ​ 18,424 ​ ​ 18,554 Other ​ ​ ​ ​ ​ ​ ​ ​ 25,214 ​ ​ 22,894 Totals ​ ​ ​ ​ ​ ​ ​ $ 105,742 ​ $ 103,210

Shareholder's Equity (Tables)

Shareholder's Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Shareholders' Equity
Schedule of voting and economic rights of common stockholders	​ ​ ​ ​ ​ ​ ​ ​ Class of Common Stock Holders Voting rights Economic rights ​ ​ ​ ​ ​ ​ ​ Class A common stock Public, MDP, Executive Officers, and Current and Former Employees One vote per share Yes Class D common stock MDP and Current and Former Employees, and Executive Officers One vote per share No Series A Preferred Stock ​ MDP ​ On an as-converted basis ​ Yes

Stock Compensation Plans and _2

Stock Compensation Plans and Share-Based Compensation Awards (Tables)	6 Months Ended
	Jun. 30, 2022
Stock Compensation Plans and Share-Based Compensation Awards
Summary of share based compensation expense and related income tax benefit recognized for share-based compensation awards	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, Six Months Ended June 30, ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ ​ (In thousands) Share-based compensation expense ​ $ 7,707 ​ $ 6,489 ​ $ 14,710 ​ $ 12,287 Income tax benefit ​ $ (1,237) ​ $ (963) ​ $ (2,365) ​ $ (1,921)
Summary of stock option activity	A summary of service-based stock option activity is as follows (in thousands, except per share and term data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Options ​ Weighted-average grant date fair value ​ Weighted-average exercise price ​ Weighted-average remaining contractual term ​ Total intrinsic value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at December 31, 2021 ​ 5,491 ​ $ 8.11 ​ $ 22.19 ​ ​ 7.67 ​ $ 19,802 Granted ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Exercised ​ (76) ​ ​ 5.77 ​ ​ 15.07 ​ ​ — ​ ​ 635 Forfeited ​ (87) ​ ​ 9.17 ​ ​ 25.22 ​ ​ — ​ ​ — Balance at June 30, 2022 ​ 5,328 ​ $ 8.12 ​ ​ 22.23 ​ ​ 7.16 ​ $ 14,536 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exercisable at June 30, 2022 ​ 3,695 ​ $ 7.70 ​ $ 20.72 ​ ​ 6.82 ​ $ 14,502
Service-Based Restricted Stock Units
Stock Compensation Plans and Share-Based Compensation Awards
Summary of stock activity	​ ​ ​ ​ ​ ​ ​ ​ Number of RSUs ​ Weighted-average grant date fair value ​ ​ ​ ​ ​ ​ Balance at December 31, 2021 ​ 1,339 ​ $ 24.35 Granted ​ 956 ​ ​ 23.60 Vested ​ (547) ​ ​ 22.37 Forfeited ​ (38) ​ ​ 24.24 Balance at June 30, 2022 ​ 1,710 ​ $ 24.55
Market and Service-Based Stock Options
Stock Compensation Plans and Share-Based Compensation Awards
Summary of assumptions used in estimating the grant date fair values	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ ​ 2021 ​ ​ ​ ​ ​ ​ ​ Expected life (in years) ​ ​ 7.00 Weighted-average risk-free interest rate ​ ​ 1.15% Expected volatility ​ ​ 34.65% Dividend yield ​ ​ 0.00% Exercise price ​ $ 25.46
Market and service-based performance stock units
Stock Compensation Plans and Share-Based Compensation Awards
Summary of assumptions used in estimating the grant date fair values	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ ​ 2022 ​ ​ ​ ​ ​ ​ ​ Expected life (in years) ​ ​ 3.10 Weighted-average risk-free interest rate ​ ​ 1.74% Expected volatility ​ ​ 47.62% Dividend yield ​ ​ 0.00% Estimated grant date fair value (per share) ​ $ 23.69

Description of Business and S_4

Description of Business and Summary of Significant Accounting Policies - Other (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) item segment	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Minimum number of merchants | item	550,000
Number of reportable segments | segment	2
Cash and Cash Equivalents, Restricted Cash, Settlement Related Cash and Merchant Reserves
Settlement related cash balances	$ 139,300		$ 133,300
Merchant reserve cash balances	100,000		101,600
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	438,655		410,368
Restricted cash included in other assets	245		247
Total cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows	438,900	$ 376,415	$ 410,615	$ 418,539
Correction
Net repayments of settlement lines of credit	(799)	2,102
Proceeds from long-term debt	(10,700)
Repayments of long-term debt	$ (11,350)	(3,297)
Revision of Prior Period, Adjustment
Correction
Proceeds from long-term debt		4,200
Repayments of long-term debt		$ 6,300
EVO LLC
Ownership interest (as a percent)	57.10%
Minimum
Number of markets | item	50

Revenue - Other (Details)

Revenue - Other (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue
Revenue	$ 137,671	$ 122,235	$ 264,597	$ 228,415
Sale and Rental of POS Equipment
Revenue
Revenue	$ 9,100	$ 9,800	$ 19,100	$ 19,600

Revenue - Summary (Details)

Revenue - Summary (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue
Revenue	$ 137,671	$ 122,235	$ 264,597	$ 228,415
Direct
Revenue
Revenue	78,774	68,323	149,405	125,449
Tech-enabled
Revenue
Revenue	48,654	43,005	94,862	81,695
Traditional
Revenue
Revenue	10,243	10,907	20,330	21,271
Americas
Revenue
Revenue	81,692	76,979	158,552	147,406
Americas | Direct
Revenue
Revenue	36,023	32,449	68,215	61,353
Americas | Tech-enabled
Revenue
Revenue	35,426	33,623	70,007	64,782
Americas | Traditional
Revenue
Revenue	10,243	10,907	20,330	21,271
Europe
Revenue
Revenue	55,979	45,256	106,045	81,009
Europe | Direct
Revenue
Revenue	42,751	35,874	81,190	64,096
Europe | Tech-enabled
Revenue
Revenue	$ 13,228	$ 9,382	$ 24,855	$ 16,913

Settlement Processing Assets _3

Settlement Processing Assets and Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Settlement processing assets:
Receivable from card networks	$ 252,798	$ 209,734
Receivable from merchants	98,801	101,947
Totals	351,599	311,681
Settlement processing obligations:
Settlement liabilities due to merchants	(380,504)	(320,537)
Merchant reserves	(99,971)	(101,572)
Totals	$ (480,475)	$ (422,109)

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Net income attributable to EVO Payments, Inc.	$ 4,353	$ 3,163	$ 6,936	$ 2,321
Less: Accrual of redeemable preferred stock paid-in-kind dividends	2,603	2,445	5,137	4,827
Less: Allocation of undistributed earnings to preferred shares	324	129	332
Undistributed income (loss) attributable to shares of Class A common stock	$ 1,426	$ 589	$ 1,467	$ (2,506)
Denominator:
Weighted-average Class A common stock outstanding	47,862,425	47,038,194	47,702,066	46,775,245
Effect of dilutive securities	752,707
Total dilutive securities	48,615,132	47,038,194	47,702,066	46,775,245
Earnings per share:
Basic	$ 0.03	$ 0.01	$ 0.03	$ (0.05)
Diluted	$ 0.03	$ 0.01	$ 0.03	$ (0.05)
Redeemable preferred stock
Earnings per share:
Weighted-average anti-dilutive securities	152,250	152,250	152,250	152,250
Stock options
Earnings per share:
Weighted-average anti-dilutive securities		6,081,132	5,718,225	5,785,041
RSUs
Earnings per share:
Weighted-average anti-dilutive securities		1,451,977	1,651,492	1,369,429
RSAs
Earnings per share:
Weighted-average anti-dilutive securities		291	145	621
Performance Stock Units
Earnings per share:
Weighted-average anti-dilutive securities	302,374		212,163
Class C Common Stock
Earnings per share:
Weighted-average anti-dilutive securities		965,197		1,328,614
Class D Common Stock
Earnings per share:
Weighted-average anti-dilutive securities	3,783,074	2,934,418	3,783,074	2,655,306

Tax Receivable Agreement (Detai

Tax Receivable Agreement (Details) - USD ($) $ in Millions		6 Months Ended
	May 25, 2021	Jun. 30, 2022	Dec. 31, 2021
Tax Receivable Agreement
Payment on applicable cash tax savings (as a percent)		85%
Payments to TRA obligation		$ 0
Deferred tax asset pursuant to TRA		211.9	$ 211.9
Deferred tax asset pursuant to TRA, net of amortization		178.4	184.1
Deferred tax liability pursuant to TRA		$ 180.1	$ 180.1
Class D Common Stock
Tax Receivable Agreement
Exchange basis for newly issued shares	1

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	1 Months Ended		6 Months Ended
	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	May 31, 2022	Dec. 31, 2021	Jul. 31, 2021
Allocation of purchase price
Goodwill			$ 381,186		$ 385,651
North49 Business Solutions, Inc.
Acquisitions
Percentage of interest acquired				100%
Anderson Zaks Ltd
Acquisitions
Percentage of interest acquired						100%
Pago Facil
Acquisitions
Percentage of interest acquired		100%
Total consideration transferred		$ 20,900
Upfront payment		18,000
Deferred consideration, payable 9 months after closing		900
Deferred consideration, payable 18 months after closing		$ 2,000
Repayment period 9 months		9 months
Repayment period 18 months		18 months
Deferred consideration, amount paid	$ 900
Measurement-period adjustment			$ 0
Allocation of purchase price
Deferred tax liabilities		$ (3,507)
Other assets, net		855
Goodwill		10,562
Total purchase price		20,900
Pago Facil | Acquired software
Allocation of purchase price
Finite-lived intangible assets		$ 9,400
Useful life of intangible assets		5 years
Pago Facil | Customer relationships
Allocation of purchase price
Finite-lived intangible assets		$ 3,000
Useful life of intangible assets		7 years
Pago Facil | Trademarks, definite-lived
Allocation of purchase price
Finite-lived intangible assets		$ 440
Useful life of intangible assets		2 years
Pago Facil | Non-compete agreements
Allocation of purchase price
Finite-lived intangible assets		$ 150
Useful life of intangible assets		3 years

Leases - Other (Details)

Leases - Other (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Operating Leases:
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$ 0		$ 0		$ 0
Weighted-average remaining lease term	6 years 10 days		6 years 10 days		6 years 4 months 9 days
Weighted-average discount rate used in the measurement of our lease liabilities	5.46%		5.46%		5.81%
Operating lease costs	$ 3,100	$ 2,800	$ 6,200	$ 5,500
Variable lease costs	$ 600	$ 500	1,300	1,000
Cash paid for amounts included in the measurement of operating lease liabilities			$ 4,500	$ 4,700

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Maturities of lease liabilities
2022 (remainder of the year)	$ 4,212
2023	8,787
2024	8,278
2025	7,730
2026	7,196
2027 and thereafter	12,361
Total future minimum lease payments (undiscounted)	48,564
Less: present value discount	(7,712)
Present value of lease liability	$ 40,852

Equipment and Improvements (Det

Equipment and Improvements (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Equipment and Improvements
Equipment and improvements, Gross Totals	$ 295,105		$ 295,105		$ 282,778
Less accumulated depreciation	(224,028)		(224,028)		(213,761)
Foreign currency translation adjustment	(4,500)		(4,500)		(511)
Totals	66,577		66,577		68,506
Depreciation
Depreciation expense	8,100	$ 9,900	16,500	$ 19,900
Decrease in equipment and improvements			6,600	4,100
Decrease in accumulated depreciation			6,200	$ 3,500
Card processing equipment
Equipment and Improvements
Equipment and improvements, Gross Totals	165,155		165,155		155,843
Office equipment
Equipment and Improvements
Equipment and improvements, Gross Totals	47,214		47,214		44,393
Computer software
Equipment and Improvements
Equipment and improvements, Gross Totals	59,645		59,645		60,226
Leasehold improvements
Equipment and Improvements
Equipment and improvements, Gross Totals	18,325		18,325		17,883
Furniture and fixtures
Equipment and Improvements
Equipment and improvements, Gross Totals	$ 4,766		$ 4,766		$ 4,433
Minimum | Card processing equipment
Equipment and Improvements
Estimated useful lives			3 years
Minimum | Office equipment
Equipment and Improvements
Estimated useful lives			3 years
Minimum | Computer software
Equipment and Improvements
Estimated useful lives			3 years
Minimum | Furniture and fixtures
Equipment and Improvements
Estimated useful lives			5 years
Maximum | Card processing equipment
Equipment and Improvements
Estimated useful lives			5 years
Maximum | Office equipment
Equipment and Improvements
Estimated useful lives			5 years
Maximum | Computer software
Equipment and Improvements
Estimated useful lives			5 years
Maximum | Furniture and fixtures
Equipment and Improvements
Estimated useful lives			7 years

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Intangible assets, net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Intangible assets with finite lives:
Gross carrying value	$ 644,816		$ 644,816		$ 633,544
Accumulated amortization	(364,651)		(364,651)		(350,022)
Accumulated impairment charges	(22,566)		(22,566)		(24,334)
Translation and other adjustments	(63,838)		(63,838)		(58,462)
Net	193,761		193,761		200,726
Other disclosures
Amortization expense related to intangible assets	10,700	$ 10,800	22,800	$ 21,700
Impairment of intangible assets	0	$ 0	0	$ 0
Trademarks, definite-lived
Other disclosures
Reduction in gross carrying value			1,200
Merchant contract portfolios and customer relationships
Intangible assets with finite lives:
Gross carrying value	297,713		297,713		297,056
Accumulated amortization	(203,507)		(203,507)		(197,187)
Accumulated impairment charges	(5,685)		(5,685)		(5,685)
Translation and other adjustments	(31,832)		(31,832)		(30,713)
Net	56,689		56,689		63,471
Marketing alliance agreements
Intangible assets with finite lives:
Gross carrying value	197,412		197,412		197,412
Accumulated amortization	(87,823)		(87,823)		(79,811)
Accumulated impairment charges	(7,557)		(7,557)		(7,557)
Translation and other adjustments	(23,028)		(23,028)		(20,896)
Net	79,004		79,004		89,148
Internally developed and acquired software
Intangible assets with finite lives:
Gross carrying value	128,690		128,690		110,396
Accumulated amortization	(59,411)		(59,411)		(53,110)
Accumulated impairment charges	(9,324)		(9,324)		(10,191)
Translation and other adjustments	(5,144)		(5,144)		(3,236)
Net	54,811		54,811		43,859
Other disclosures
Reduction in gross carrying value			2,200
Trademarks, definite-lived
Intangible assets with finite lives:
Gross carrying value	20,851		20,851		22,068
Accumulated amortization	(13,863)		(13,863)		(13,427)
Accumulated impairment charges					(901)
Translation and other adjustments	(3,807)		(3,807)		(3,596)
Net	3,181		3,181		4,144
Non-compete agreements
Intangible assets with finite lives:
Gross carrying value	150		150
Accumulated amortization	(47)		(47)		(6,487)
Translation and other adjustments	(27)		(27)		(21)
Net	$ 76		76		104
Gross carrying value					$ 6,612
Other disclosures
Reduction in gross carrying value			$ 6,500

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Estimated amortization expense (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Estimated amortization expense
2022 (remainder of the year)	$ 23,477
2023	41,184
2024	30,902
2025	23,112
2026	17,330
2027 and thereafter	57,756
Total	$ 193,761	$ 200,726

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Intangible assets, net by segment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Intangible assets, net
Total intangible assets, net	$ 193,761	$ 200,726
Americas
Intangible assets, net
Total intangible assets, net	141,756	136,844
Americas | Merchant contract portfolios and customer relationships
Intangible assets, net
Total intangible assets, net	45,578	49,435
Americas | Marketing alliance agreements
Intangible assets, net
Total intangible assets, net	53,111	56,996
Americas | Internally developed and acquired software
Intangible assets, net
Total intangible assets, net	41,624	28,812
Americas | Trademarks, definite-lived
Intangible assets, net
Total intangible assets, net	1,367	1,497
Americas | Non-compete agreements
Intangible assets, net
Total intangible assets, net	76	104
Europe
Intangible assets, net
Total intangible assets, net	52,005	63,882
Europe | Merchant contract portfolios and customer relationships
Intangible assets, net
Total intangible assets, net	11,111	14,036
Europe | Marketing alliance agreements
Intangible assets, net
Total intangible assets, net	25,893	32,152
Europe | Internally developed and acquired software
Intangible assets, net
Total intangible assets, net	13,187	15,047
Europe | Trademarks, definite-lived
Intangible assets, net
Total intangible assets, net	$ 1,814	$ 2,647

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Goodwill activity (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Goodwill, Roll forward
Goodwill, gross, at the beginning of the year		$ 409,942
Accumulated impairment losses		(24,291)
Goodwill, net, at the beginning of the year	$ 385,651
Business combinatinos	6,790
Foreign currency translation adjustment	(11,255)
Goodwill, net, at the end of the year	381,186
Americas
Goodwill, Roll forward
Goodwill, gross, at the beginning of the year		274,930
Goodwill, net, at the beginning of the year	274,930
Business combinatinos	6,790
Foreign currency translation adjustment	(872)
Goodwill, net, at the end of the year	280,848
Europe
Goodwill, Roll forward
Goodwill, gross, at the beginning of the year		135,012
Accumulated impairment losses		$ (24,291)
Goodwill, net, at the beginning of the year	110,721
Foreign currency translation adjustment	(10,383)
Goodwill, net, at the end of the year	$ 100,338

Accounts Payable, Accrued Exp_3

Accounts Payable, Accrued Expenses, and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Accounts Payable, Accrued Expenses, and Other Current Liabilities
Compensation and related benefits	$ 17,199	$ 23,205
Third-party processing and payment network fees	43,147	43,529
Trade payables	10,108	6,089
Taxes payable	14,710	20,399
Commissions payable to third parties	15,662	16,025
Unearned revenue	4,469	4,723
Other	29,371	19,979
Total accounts payable, accrued expenses, and other current liabilities	$ 134,666	$ 133,949

Related Party Transactions - Re

Related Party Transactions - Related party balances (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Related party balances:
Due from related parties, current	$ 569	$ 782
Due to related parties, current	(4,208)	(4,207)
Due to related parties, long-term	$ (185)	$ (185)

Related Party Transactions - Tr

Related Party Transactions - Transactions (Details) $ in Thousands		3 Months Ended		6 Months Ended
	Apr. 21, 2020 shares	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) subsidiary item	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Related Party Transactions
Lease liabilities		$ 40,852		$ 40,852
Redeemable preferred stock
Related Party Transactions
Number of shares issued | shares	152,250
515 Broadhollow, LLC
Related Party Transactions
Lease liabilities		1,100		1,100		$ 1,900
Commission Expense
Related Party Transactions
Expenses with related parties		3,200	$ 3,500	6,200	$ 6,400
Minority held affiliates
Related Party Transactions
Liabilities to related companies		3,200		3,200		3,000
Lease liabilities		300		300		400
Unconsolidated investees
Related Party Transactions
Liabilities to related companies		1,000		1,000		$ 1,200
Blueapple | Treasury, Payroll, Tax Preparation and Other Services
Related Party Transactions
Expenses with related parties				$ 100	100
Blueapple | Treasury, Payroll, Tax Preparation and Other Services | Maximum
Related Party Transactions
Expenses with related parties		100	100
Relative of Chairman
Related Party Transactions
Expenses with related parties					$ 100
Number of owned subsidiaries | subsidiary				2
Number of unconsolidated investee | item				1
Relative of Chairman | Maximum
Related Party Transactions
Expenses with related parties		100	100	$ 100
NFP
Related Party Transactions
Expenses with related parties		$ 400	$ 400	$ 500
NFP | MDP
Related Party Transactions
Number of executive officers | subsidiary				1

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Taxes
Effective income tax rate (as a percent)	40.70%	51%	40.30%	74.50%
Tax (benefit) expense related to a valuation allowance recorded to reduce the deferred tax assets not expected to be realized in Spain		$ (0.3)		$ 3.3

Long-Term Debt and Lines of C_3

Long-Term Debt and Lines of Credit - Credit Facility (Details) - Senior Secured Credit Facilities $ in Millions	Jun. 30, 2022 USD ($)
Revolving Credit Facility
Long-term debt
Commitments	$ 200
Effective interest rate (as a percent)	5.50%
Term loan
Long-term debt
Face amount of debt	$ 588
Effective interest rate (as a percent)	3.42%

Long-Term Debt and Lines of C_4

Long-Term Debt and Lines of Credit - Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Long-term debt
Long term debt gross	$ 587,350
Less debt issuance costs	(4,761)	$ (5,310)
Total long-term debt	582,589	582,690
Less current portion of long-term debt, net of current portion of debt issuance costs	(14,092)	(14,058)
Total long-term debt, long-term portion	568,497	568,632
Term loan
Long-term debt
Long term debt gross	580,650	$ 588,000
Revolving Credit Facility
Long-term debt
Long term debt gross	$ 6,700

Long-Term Debt and Lines of C_5

Long-Term Debt and Lines of Credit - Principal payment requirements (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Principal payment requirements:
2022 (remainder of the year)	$ 7,350
2023	14,700
2024	29,400
2025	44,100
2026	491,800
Total	$ 587,350

Long-Term Debt and Lines of C_6

Long-Term Debt and Lines of Credit - Settlement Lines of Credit (Details) - Settlement facilities - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Settlement obligations
Amount outstanding	$ 8.3	$ 8
Additional capacity	$ 130.7	$ 142.6
Weighted-average interest rate	8.20%	5.20%

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - Interest Rate Swap - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivatives
Notional amount			$ 500,000
Interest rate			0.2025%
Reclassification of interest expense over the next 12 months	$ 6,200
Other current assets | Designated as Hedging Instrument
Derivatives
Fair value of interest rate swap assets	$ 6,192	$ 1,297

Derivatives - AOCI (Details)

Derivatives - AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Effect of hedge accounting on accumulated other comprehensive loss
Beginning balance			$ (832,658)
Less: Derivative gain (loss) reclassified from accumulated other comprehensive loss to interest expense	$ 730	$ (118)	662	$ (206)
Ending balance	(766,314)		(766,314)
Accumulated Gain (Loss), Cash Flow Hedge
Effect of hedge accounting on accumulated other comprehensive loss
Beginning balance	4,927	(88)	1,297	(533)
Derivative gain (loss) recognized in the current period in accumulated other comprehensive loss	1,995	(143)	5,557	214
Less: Derivative gain (loss) reclassified from accumulated other comprehensive loss to interest expense	730	(118)	662	(206)
Ending balance	$ 6,192	$ (113)	$ 6,192	$ (113)

Derivatives - Income Statement

Derivatives - Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Effect of hedge accounting on the unaudited condensed consolidated statements of operations and comprehensive income (loss)
Total interest expense including the effects of cash flow hedges	$ (4,120)	$ (6,061)	$ (8,374)	$ (12,159)
Derivative gain (loss) reclassified from accumulated other comprehensive loss into interest expense	730	(118)	662	(206)
Interest Rate Swap
Effect of hedge accounting on the unaudited condensed consolidated statements of operations and comprehensive income (loss)
Total interest expense including the effects of cash flow hedges	$ (4,120)	$ (6,061)	$ (8,374)	$ (12,159)

Derivatives - Cross Currency Sw

Derivatives - Cross Currency Swap (Details) - Cross Currency Swap $ in Thousands, € in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)	Nov. 15, 2027 USD ($)	Nov. 15, 2027 EUR (€)	Nov. 15, 2022 USD ($)	Nov. 15, 2022 EUR (€)
Derivatives
Amount of Gain (Loss) Recognized in OCI	$ 653
Forecast
Derivatives
Notional liability amount			€ 25	$ 26,200
Notional asset amount		$ 26,200			€ 25
Other current assets
Derivatives
Fair value of cross currency swap, current portion	335
Other long-term liabilities
Derivatives
Fair value of cross currency swap, long term portion	$ (8)

Derivatives - Non-designated De

Derivatives - Non-designated Derivatives (Details) - Non-designated Derivatives $ in Thousands, £ in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Apr. 30, 2022 GBP (£)	Apr. 30, 2022 MXN ($)
Forward swap
Derivatives
Notional asset amount					£ 34.5	$ 960.1
Forward swap | Other income (expense)
Derivatives
Unrealized gain (loss)	$ 2,768		$ 2,768
Forward swap | Other current assets
Derivatives
Foreign currency derivative asset, Fair value	$ 2,768		$ 2,768
Foreign Currency Swap
Derivatives
Notional amount		$ 31,000		$ 31,000
Foreign Currency Swap | Other income (expense)
Derivatives
Unrealized gain (loss)		(163)		(163)
Window Forwards
Derivatives
Notional amount		67,800		67,800
Window Forwards | Other income (expense)
Derivatives
Unrealized gain (loss)		$ 1,804		$ 1,804

Supplemental Cash Flows Infor_3

Supplemental Cash Flows Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Supplemental disclosure of cash flow data:
Interest paid	$ 7,981	$ 10,776
Income taxes paid	7,142	5,561
Supplemental disclosure of non-cash investing and financing activities:
Operating lease liabilities arising from obtaining new or modified right-of-use assets	9,554	2,197
Decrease in operating lease liabilities and corresponding right-of-use assets resulting from lease modifications		(2,559)
Software and equipment assets acquired by assuming directly related liabilities	4,653
Deferred consideration payable	5,321	2,900
Accrual of redeemable preferred stock paid-in-kind-dividends	$ 5,137	4,827
Exchanges of Class C and Class D common stock for Class A common stock		$ 13,231

Redeemable Preferred Stock (Det

Redeemable Preferred Stock (Details) $ / shares in Units, $ in Millions		3 Months Ended		6 Months Ended
	Apr. 21, 2020 USD ($) D $ / shares shares	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Redeemable preferred stock
Redeemable Preferred Stock
Number of shares issued | shares	152,250
Proceeds from issuance of preferred stock	$ 149.3
Redeemable preferred stock issuance costs	$ 1.7
Liquidation preference per share (in dollars per share) | $ / shares	$ 1,000
Amortization period of discount	10 years
Carrying value of the preferred stock increased for accretion of the PIK dividend		$ 2.6	$ 2.4	$ 5.1	$ 4.8
PIK dividend rate	6.22%
Threshold percentage of Class A Common Stock ownership of the aggregate voting power as required by Nasdaq, in the event of conversion, used to determine the elimination of the limitation on the conversion of the Preferred Stock				19.99%
Threshold trading days | D	20
Threshold consecutive trading days | D	30
Percentage of then current liquidation preference per share plus accumulated and unpaid dividends as cash consideration	150%
Convertible preferred stock redemption period	10 years
Estimated amount for repurchase of redeemable preferred stock				$ 260
Redeemable preferred stock | Convertible Preferred Stock, Dividend Rate For First Ten Years
Redeemable Preferred Stock
PIK dividend rate	6%
Redeemable preferred stock | Convertible Preferred Stock, Dividend Rate Thereafter
Redeemable Preferred Stock
PIK dividend rate	8%
Redeemable preferred stock | Prior to the fourth semi-annual PIK dividend payment date
Redeemable Preferred Stock
Threshold stock price trigger percentage	180%
Redeemable preferred stock | After fourth and prior to the sixth semi-annual PIK dividend payment date
Redeemable Preferred Stock
Threshold stock price trigger percentage	170%
Redeemable preferred stock | On or after the sixth and prior to the eighth semi-annual PIK dividend payment date
Redeemable Preferred Stock
Threshold stock price trigger percentage	160%
Redeemable preferred stock | On or after the eighth semi-annual PIK dividend payment date
Redeemable Preferred Stock
Threshold stock price trigger percentage	150%
Redeemable preferred stock | Change of Control is on or after the sixth semi-annual PIK dividend payment date
Redeemable Preferred Stock
Percentage of then current liquidation preference per share plus accumulated and unpaid dividends as cash consideration	100%
Class A Common Stock
Redeemable Preferred Stock
Conversion rate | shares	63.2911
Conversion price | $ / shares	$ 15.80

Redeemable Non-controlling In_3

Redeemable Non-controlling Interests (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	12 Months Ended
	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Dec. 31, 2021	Oct. 31, 2020
Redeemable Non-controlling Interests
Beginning balance	$ 1,029,090	$ 1,044,814	$ 1,055,633	$ 1,029,090	$ 1,055,633
Contributions					1,487
Distributions		(790)	(8,500)	(6,989)	(13,655)
Net (loss) income attributable to RNCI	2,665	3,415	(1,724)	8,391	8,781
Unrealized gain (loss) on foreign currency translation adjustment				(14,741)	(16,079)
(Decrease) increase in the maximum redemption amount of RNCI				(57,293)	3,000
Allocation of eService fair value RNCI adjustment to Blueapple				(1,685)	(7,869)
Allocation of Chile fair value RNCI adjustment to Blueapple					(2,915)
Ending balance	959,467	$ 1,079,798	1,044,814	958,908	1,029,090
Interest Rate Swap
Redeemable Non-controlling Interests
Unrealized gain on change in fair value of interest rate swap				1,884	707
Cross Currency Swap
Redeemable Non-controlling Interests
Unrealized gain on change in fair value of interest rate swap				251
Blueapple
Redeemable Non-controlling Interests
Beginning balance	823,386		868,738	823,386	868,738
Net (loss) income attributable to RNCI				3,380	47
Unrealized gain (loss) on foreign currency translation adjustment				(9,061)	(10,313)
(Decrease) increase in the maximum redemption amount of RNCI				(61,669)	(25,009)
Allocation of eService fair value RNCI adjustment to Blueapple				(1,685)	(7,869)
Allocation of Chile fair value RNCI adjustment to Blueapple					(2,915)
Ending balance				756,486	823,386
Blueapple | Interest Rate Swap
Redeemable Non-controlling Interests
Unrealized gain on change in fair value of interest rate swap				1,884	707
Blueapple | Cross Currency Swap
Redeemable Non-controlling Interests
Unrealized gain on change in fair value of interest rate swap				$ 251
eService
Redeemable Non-controlling Interests
Ownership interest (as a percent)				66%
Beginning balance	198,531		186,436	$ 198,531	186,436
Distributions				(6,989)	(13,655)
Net (loss) income attributable to RNCI				5,817	10,329
Unrealized gain (loss) on foreign currency translation adjustment				(5,466)	(5,045)
(Decrease) increase in the maximum redemption amount of RNCI				4,376	20,466
Ending balance				$ 196,269	198,531
eService | PKO Bank Polski
Redeemable Non-controlling Interests
Ownership interest of noncontrolling owners (as a percent)				34%
EVO LLC
Redeemable Non-controlling Interests
Ownership interest (as a percent)				57.10%
Chilean subsidiary
Redeemable Non-controlling Interests
Joint venture ownership interest (as a percent)						50.10%
Beginning balance	$ 7,173		$ 459	$ 7,173	459
Contributions					1,487
Net (loss) income attributable to RNCI				(806)	(1,595)
Unrealized gain (loss) on foreign currency translation adjustment				(214)	(721)
(Decrease) increase in the maximum redemption amount of RNCI					7,543
Ending balance				$ 6,153	$ 7,173
Chilean subsidiary | BCI
Redeemable Non-controlling Interests
Joint venture ownership interest (as a percent)						49.90%

Fair Value - Summary (Details)

Fair Value - Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value
Investment in equity securities	$ 23,095	$ 25,398
Interest Rate Swap
Fair Value
Interest rate swap	(6,200)	(1,300)
Cross Currency Swap
Fair Value
Derivative asset	300
Forward swap
Fair Value
Derivative asset	2,800
Recurring
Fair Value
Cash equivalents	36,618	95,919
Contingent consideration	(421)	(611)
Investment in equity securities	23,095	25,398
Total	(890,329)	(907,087)
Recurring | Interest Rate Swap
Fair Value
Derivative asset	(6,192)	1,297
Recurring | Cross Currency Swap
Fair Value
Derivative asset	327
Recurring | Forward swap
Fair Value
Derivative asset	2,768
Recurring | Blueapple
Fair Value
Redeemable non-controlling interest	(756,486)	(823,386)
Recurring | eService
Fair Value
Redeemable non-controlling interest	(196,269)	(198,531)
Recurring | Chilean subsidiary
Fair Value
Redeemable non-controlling interest	(6,153)	(7,173)
Level 1 | Recurring
Fair Value
Cash equivalents	36,618	95,919
Total	(719,868)	(727,467)
Level 1 | Recurring | Blueapple
Fair Value
Redeemable non-controlling interest	(756,486)	(823,386)
Level 2 | Recurring
Fair Value
Investment in equity securities	23,095	25,398
Total	32,382	26,695
Level 2 | Recurring | Interest Rate Swap
Fair Value
Derivative asset	(6,192)	1,297
Level 2 | Recurring | Cross Currency Swap
Fair Value
Derivative asset	327
Level 2 | Recurring | Forward swap
Fair Value
Derivative asset	2,768
Level 3 | Recurring
Fair Value
Contingent consideration	(421)	(611)
Total	(202,843)	(206,315)
Level 3 | Recurring | eService
Fair Value
Redeemable non-controlling interest	(196,269)	(198,531)
Level 3 | Recurring | Chilean subsidiary
Fair Value
Redeemable non-controlling interest	$ (6,153)	$ (7,173)

Fair Value - Other (Details)

Fair Value - Other (Details) $ in Thousands, € in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2022 EUR (€)	Dec. 31, 2021 EUR (€)
Fair Value
Long-term debt, fair value	$ 587,400		$ 587,400		$ 588,000
(Loss) gain on investment in equity securities	(2,918)	$ 2,506	(2,303)	$ 2,266
Assets, transfers into Level 3			0		0
Assets, transfers out of Level 3			0		0
Liability, transfers into Level 3			0		0
Liability, transfers out of Level 3			0		0
Visa Series A preferred stock
Fair Value
(Loss) gain on investment in equity securities	(2,900)	$ 2,500	(2,300)	$ 2,300
Visa Series C preferred stock
Fair Value
Carrying amount of Visa preferred shares	7,400		7,400		7,400	€ 6.5	€ 6.5
Estimated fair value of Visa preferred shares	18,500		$ 18,500		20,300
Series C preferred stock
Fair Value
Convertible preferred stock, conversion period (in years)			12 years
Interest Rate Swap
Fair Value
Fair value of the interest rate swap of liability	$ 6,200		$ 6,200		$ 1,300
Minimum | Market Approach
Fair Value
Valuation multiples for revenue			4.50
Valuation multiples for EBITDA			9
Maximum | Market Approach
Fair Value
Valuation multiples for revenue			5
Valuation multiples for EBITDA			9.75
eService | Income Approach
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			50%
eService | Market Approach
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			50%
eService | Weighted Average Cost of Capital
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			12%
eService | Maximum | Growth Rate
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			8%
Chilean subsidiary | Income Approach
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			50%
Chilean subsidiary | Discount for lack of marketability
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			17%
Chilean subsidiary | Minimum | Market Approach
Fair Value
Valuation multiples for revenue			1.75
Chilean subsidiary | Maximum | Market Approach
Fair Value
Valuation multiples for revenue			6
Chilean subsidiary | Maximum | Growth Rate
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)			17.90%

Segment Information - Informati

Segment Information - Information on segments & reconciliations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Information
Revenue	$ 137,671	$ 122,235	$ 264,597	$ 228,415
Segment profit	19,000	13,822	27,515	15,529
Depreciation and amortization	(18,806)	(20,695)	(39,317)	(41,621)
Net interest expense	(3,482)	(5,732)	(6,914)	(11,589)
Provision for income tax expense	(7,742)	(7,045)	(11,101)	(11,575)
Share-based compensation expense	(7,707)	(6,489)	(14,710)	(12,287)
Less: Net income (loss) attributable to non-controlling interests of EVO Investco, LLC	3,061	1,457	3,778	(1,592)
Net income attributable to EVO Payments, Inc.	4,353	3,163	6,936	2,321
Capital expenditures	9,920	9,098	18,077	19,959
Operating
Segment Information
Segment profit	52,575	54,836	100,729	93,938
Corporate
Segment Information
Segment profit	(7,424)	(10,255)	(17,973)	(16,137)
Americas
Segment Information
Revenue	81,692	76,979	158,552	147,406
Segment profit	36,285	37,781	68,609	67,757
Capital expenditures	4,257	4,025	8,303	6,688
Europe
Segment Information
Revenue	55,979	45,256	106,045	81,009
Segment profit	16,290	17,055	32,120	26,181
Capital expenditures	$ 5,663	$ 5,073	$ 9,774	$ 13,271

Segment Information - Long live

Segment Information - Long lived assets by geographic location (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Segment Information
Long-lived assets	$ 105,742	$ 103,210
Poland
Segment Information
Long-lived assets	31,564	31,534
United States
Segment Information
Long-lived assets	30,540	30,228
Mexico
Segment Information
Long-lived assets	18,424	18,554
Other
Segment Information
Long-lived assets	$ 25,214	$ 22,894

Segment Information - Revenue f

Segment Information - Revenue from external customers (Details) - Revenue from external customers - Geographic Concentration Risk	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
United States
Revenue from external customers
Revenue from external customers as a percentage of total revenue	34.90%	39.50%	36.10%	40.60%
Mexico
Revenue from external customers
Revenue from external customers as a percentage of total revenue	21%	20.30%	20.40%	20.80%
Poland
Revenue from external customers
Revenue from external customers as a percentage of total revenue	18%	17.20%	18%	16.60%

Shareholder's Equity - Organiza

Shareholder's Equity - Organization structure (Details)		6 Months Ended
	May 25, 2021 shares	Jun. 30, 2022 Vote shares
Class A Common Stock
Shareholders' Equity
Number of votes per share | Vote		1
Exchange basis for newly issued shares		1
Class B Common Stock
Shareholders' Equity
Cancellation of Class B common stock (in shares)	32,163,538
Class D Common Stock
Shareholders' Equity
Number of votes per share | Vote		1
Exchange basis for newly issued shares	1
Blueapple
Shareholders' Equity
Number of LLC interests received in connection with the reclassification of units outstanding in EVO, LLC as a result of the reorganization	32,163,538
Blueapple and MDP
Shareholders' Equity
Number of LLC interests received in connection with the reclassification of units outstanding in EVO, LLC as a result of the reorganization	32,163,538

Stock Compensation Plans and _3

Stock Compensation Plans and Share-Based Compensation Awards - Share based compensation expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Feb. 25, 2020	May 22, 2018
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 7,707	$ 6,489	$ 14,710	$ 12,287
Income tax benefit	$ (1,237)	$ (963)	$ (2,365)	$ (1,921)
2018 Plan | Class A Common Stock
Stock Compensation Plans and Share-Based Compensation Awards
Shares reserved for issuance						7,792,162
Amended and Restated 2018 Plan | Class A Common Stock
Stock Compensation Plans and Share-Based Compensation Awards
Shares reserved for issuance					15,142,162

Stock Compensation Plans and _4

Stock Compensation Plans and Share-Based Compensation Awards - RSUs (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 7,707	$ 6,489	$ 14,710	$ 12,287
Service-Based Restricted Stock Units
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	4,500	3,200	8,300	5,700
Unrecognized compensation expense	$ 35,700	$ 28,900	$ 35,700	$ 28,900
Weighted average period outstanding for unvested RSUs			2 years 3 months 18 days	2 years 4 months 24 days
Fair value of share based awards vested			$ 12,200	$ 7,800
Number outstanding
Balance at beginning of period (in shares)			1,339
Granted (in shares)			956
Vested (in shares)			(547)
Forfeited (in shares)			(38)
Balance at end of period (in shares)	1,710		1,710
Weighted average grant date fair value
Balance at beginning of period (in dollars per share)			$ 24.35
Granted (in dollars per share)			23.60
Vested (in dollars per share)			22.37
Forfeited (in dollars per share)			24.24
Balance at end of period (in dollars per share)	$ 24.55		$ 24.55
Service-Based Restricted Stock Units | Executive Officers
Stock Compensation Plans and Share-Based Compensation Awards
Vesting period			3 years
Service-Based Restricted Stock Units | Maximum
Stock Compensation Plans and Share-Based Compensation Awards
Vesting period			4 years
Service-Based Restricted Stock Units | Minimum
Stock Compensation Plans and Share-Based Compensation Awards
Vesting period			3 years

Stock Compensation Plans and _5

Stock Compensation Plans and Share-Based Compensation Awards - Stock Options (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 7,707	$ 6,489	$ 14,710	$ 12,287
Service-Based Stock Options
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 2,300	2,900	$ 4,900	$ 6,000
Number outstanding
Balance at beginning of period (in shares)			5,491
Exercised (in shares)			(76)
Forfeited (in shares)			(87)
Balance at end of period (in shares)	5,328		5,328		5,491
Exercisable at end of period (in shares)	3,695		3,695
Weighted average grant date fair value
Balance at beginning of period (in dollars per share)			$ 8.11
Exercised (in dollars per share)			5.77
Forfeited (in dollars per share)			9.17
Balance at end of period (in dollars per share)	$ 8.12		8.12		$ 8.11
Exercisable at end of period (in dollars per share)	7.70		7.70
Weighted average exercise price
Balance at beginning of period (in dollars per share)			22.19
Exercised (in dollars per share)			15.07
Forfeited (in dollars per share)			25.22
Balance at end of period (in dollars per share)	22.23		22.23		$ 22.19
Exercisable at end of period (in dollars per share)	$ 20.72		$ 20.72
Weighted average remaining contractual term
Weighted average remaining contractual term (in years)			7 years 1 month 28 days		7 years 8 months 1 day
Exercisable at Weighted average remaining contractual term (in years)			6 years 9 months 25 days
Total Intrinsic Value
Aggregate Intrinsic Value at beginning of period			$ 19,802
Aggregate Intrinsic Value, Exercised			635
Aggregate Intrinsic Value at end of period	$ 14,536		14,536		$ 19,802
Aggregate Intrinsic Value, Exercisable Options	14,502		$ 14,502
Other disclosures
Weighted average period outstanding for unvested stock options			1 year 9 months 18 days	2 years 6 months
Unrecognized compensation expense	$ 12,200	$ 24,900	$ 12,200	$ 24,900
Vesting period			4 years
Expiration period			10 years
Service-Based Stock Options | Executive Officers
Other disclosures
Vesting period			3 years

Stock Compensation Plans and _6

Stock Compensation Plans and Share-Based Compensation Awards - Market and Service-Based Stock Options (Details) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($) D $ / shares	Mar. 31, 2021 USD ($) shares	Jun. 30, 2022 USD ($) installment shares	Jun. 30, 2021 USD ($) $ / shares
Other disclosures
Share-based compensation expense	$ 7,707	$ 6,489		$ 14,710	$ 12,287
Market and Service-Based Stock Options | Chief Executive Officer
Stock Compensation Plans and Share-Based Compensation Awards
Options Granted (in shares) | shares			287,395
Fair value of options granted			$ 2,900
Trailing period | D		20
Percentage of closing price		110%
Trading days | D		20
Number of installments | installment				3
Exercisable at end of period (in shares) | shares	95,798			95,798
Assumptions used in estimating grant date fair values
Expected life (in years)					7 years
Weighted-average risk-free interest rate (as a percent)					1.15%
Expected volatility (as a percent)					34.65%
Dividend yield (as a percent)					0%
Exercise price | $ / shares		$ 25.46			$ 25.46
Other disclosures
Vesting period				3 years
Share-based compensation expense	$ 200	$ 400		$ 600	$ 600
Unrecognized compensation expense	$ 900	$ 2,300		$ 900	$ 2,300
Weighted average period for unrecognized compensation expense (in years)				1 year 3 months 18 days	1 year 9 months 18 days

Stock Compensation Plans and _7

Stock Compensation Plans and Share-Based Compensation Awards - Performance Stock Units (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) $ / shares	Jun. 30, 2021 USD ($)
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 7,707		$ 6,489	$ 14,710	$ 12,287
Performance Stock Units
Stock Compensation Plans and Share-Based Compensation Awards
Granted (in shares) | shares		151,187
Fair value of units granted		$ 3,600
Vesting period		3 years
Share-based compensation expense	400			500
Unrecognized compensation expense	3,600			$ 3,600
Weighted average period for unrecognized compensation expense (in years)				2 years 8 months 12 days
Performance Stock Units | Maximum
Stock Compensation Plans and Share-Based Compensation Awards
Percentage of units vested		200%
Performance Stock Units | Minimum
Stock Compensation Plans and Share-Based Compensation Awards
Percentage of units vested		0%
Market and service-based performance stock units
Stock Compensation Plans and Share-Based Compensation Awards
Granted (in shares) | shares		151,187
Fair value of units granted		$ 3,900
Threshold trading days for which the closing price of the common stock to be met to vest the awards		20 days
Share-based compensation expense	300			$ 400
Unrecognized compensation expense	$ 3,500			$ 3,500
Weighted average period for unrecognized compensation expense (in years)				2 years 9 months 18 days
Assumptions used in estimating grant date fair values
Expected life (in years)				3 years 1 month 6 days
Weighted-average risk-free interest rate (as a percent)				1.74%
Expected volatility (as a percent)				47.62%
Dividend yield (as a percent)				0%
Weighted-average fair value at grant date | $ / shares				23.69

Subsequent Events (Details)

Subsequent Events (Details)	Aug. 01, 2022 $ / shares
Subsequent Event | Global Payments | Merger Agreement
Subsequent Events
Merger, cash consideration (in dollars per share)	$ 34