EVO Payments (EVOP) 10-K27 Feb 202019 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2019	Feb. 17, 2020	Jun. 28, 2019
Entity Registrant Name	EVO Payments, Inc.
Entity Central Index Key	0001704596
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 996,368,085
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Class A Common Stock
Entity Common Stock, Shares Outstanding		41,253,100
Class B Common Stock
Entity Common Stock, Shares Outstanding		34,163,538
Class C Common Stock
Entity Common Stock, Shares Outstanding		2,317,955
Class D Common Stock
Entity Common Stock, Shares Outstanding		4,339,978

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 304,089	$ 350,697
Accounts receivable, net	15,881	13,248
Other receivables	24,438	56,518
Due from related parties	1,125	1,871
Inventory	9,128	8,867
Settlement processing assets	328,637	248,330
Other current assets	12,867	11,817
Total current assets	696,165	691,348
Equipment and improvements, net	94,464	103,046
Goodwill, net	378,838	353,011
Intangible assets, net	257,560	290,139
Investment in unconsolidated investees	2,078	1,753
Due from related parties		915
Deferred tax assets	210,275	72,296
Operating lease right-of-use assets	45,664
Other assets	21,360	21,879
Total assets	1,706,404	1,534,387
Current liabilities:
Settlement lines of credit	33,103	41,819
Current portion of long-term debt	8,744	7,191
Accounts payable	13,584	48,935
Accrued expenses	110,079	112,281
Settlement processing obligations	449,302	428,328
Current portion of operating lease liabilities, inclusive of related party liability of $1.2 million at December 31, 2019	7,087
Due to related parties	7,325	4,824
Total current liabilities	629,224	643,378
Long-term debt, net of current portion	693,169	676,865
Due to related parties	385	385
Deferred tax liabilities	17,260	13,519
Tax receivable agreement obligations, inclusive of related party liability of $141.1 million and $40.7 million at December 31, 2019 and 2018, respectively	150,274	47,221
ISO reserves	2,758	2,684
Operating lease liabilities, net of current portion, inclusive of related party liability of $3.2 million at December 31, 2019	41,703
Other long-term liabilities	1,830	2,924
Total liabilities	1,536,603	1,386,976
Commitments and contingencies
Redeemable non-controlling interests	1,052,448	1,010,093
Shareholders' deficit:
Additional paid-in capital		178,176
Accumulated deficit attributable to Class A common stock	(587,358)	(223,799)
Accumulated other comprehensive loss	(1,948)	(2,993)
Total EVO Payments, Inc. shareholders' deficit	(589,299)	(48,608)
Nonredeemable non-controlling interests	(293,348)	(814,074)
Total deficit	(882,647)	(862,682)
Total liabilities and deficit	1,706,404	1,534,387
Class A Common Stock
Shareholders' deficit:
Common stock	4	3
Total deficit	4	3
Class B Common Stock
Shareholders' deficit:
Common stock	3	4
Total deficit	3	4
Class C Common Stock
Shareholders' deficit:
Common stock
Class D Common Stock
Shareholders' deficit:
Common stock		1
Total deficit		$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) $ in Millions	Dec. 31, 2019USD ($)$ / sharesshares
Operating lease liabilities, related party current \| $	$ 1.2
Tax receivable agreement, related party \| $	141.1
Operating lease liabilities, related party non current \| $	$ 3.2
Class A Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001
Common stock shares authorized (in shares)	200,000,000
Common stock shares issued (in shares)	41,233,954
Common stock shares outstanding (in shares)	41,233,954
Class B Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001
Common stock shares authorized (in shares)	40,000,000
Common stock shares issued (in shares)	34,163,538
Common stock shares outstanding (in shares)	34,163,538
Class C Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001
Common stock shares authorized (in shares)	4,000,000
Common stock shares issued (in shares)	2,321,955
Common stock shares outstanding (in shares)	2,321,955
Class D Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001
Common stock shares authorized (in shares)	32,000,000
Common stock shares issued (in shares)	4,354,978
Common stock shares outstanding (in shares)	4,354,978

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Consolidated Statements of Operations and Comprehensive (Loss) Income
Revenue	$ 485,778	$ 564,754	$ 504,750
Operating expenses:
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization	96,365	189,375	164,480
Selling, general, and administrative	267,926	311,353	220,971
Depreciation and amortization	92,059	87,184	74,136
Impairment of intangible assets	13,101	14,627	0
Total operating expenses	469,451	602,539	459,587
Income (loss) from operations	16,327	(37,785)	45,163
Other (expense) income:
Interest income	2,872	2,219	1,489
Interest expense	(44,011)	(59,759)	(62,876)
Income from investment in unconsolidated investees	560	1,513	941
Gain on acquisition of unconsolidated investee		8,404
Other income (expense), net	5,434	(2,998)	(477)
Total other expense	(35,145)	(50,621)	(60,923)
Loss before income taxes	(18,818)	(88,406)	(15,760)
Income tax expense	(4,548)	(10,444)	(16,588)
Net loss	(23,366)	(98,850)	(32,348)
Less: Net income attributable to non-controlling interests in consolidated entities	(7,877)	(6,696)	(7,894)
Net loss attributable to EVO Investco, LLC			(40,242)
Less: Net loss attributable to non-controlling interests of EVO Investco, LLC	21,138	90,834
Net loss attributable to EVO Payments, Inc.	$ (10,105)	$ (14,712)
Earnings per share
Basic (in dollars per share)	$ (0.31)	$ (0.70)
Diluted (in dollars per share)	$ (0.31)	$ (0.70)
Weighted average Class A common stock outstanding
Basic (in shares)	32,720,370	21,081,447
Diluted (in shares)	32,720,370	21,081,447
Comprehensive loss:
Net loss	$ (23,366)	$ (98,850)	(32,348)
Unrealized (loss) gain on defined benefit plan, net of tax (1)	(15)	(228)	530
Unrealized gain (loss) on foreign currency translation adjustment, net of tax (2)	339	(18,545)	69,917
Other comprehensive income (loss)	324	(18,773)	70,447
Comprehensive (loss) income	(23,042)	(117,623)	38,099
Less: Comprehensive income attributable to non-controlling interests in consolidated entities	(7,513)	(2,224)	(18,556)
Comprehensive income attributable to EVO Investco, LLC			$ 19,543
Less: Comprehensive loss attributable to non-controlling interests of EVO Investco, LLC	21,258	102,821
Comprehensive income (loss) attributable to EVO Investco, LLC	$ (9,297)	$ (17,026)

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Unrealized (loss) gain on foreign currency translation adjustment, tax	$ 0.1	$ 0.7
Maximum
Unrealized (loss) gain on defined benefit pension plan, tax	$ 0.1	$ 0.1

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total deficitIPO	Total deficitSecondary Public Offering	Total deficit	EVO Payments, Inc. (deficit)/equityIPO	EVO Payments, Inc. (deficit)/equitySecondary Public Offering	EVO Payments, Inc. (deficit)/equity	Additional paid-in capitalIPO	Additional paid-in capitalSecondary Public Offering	Additional paid-in capital	Accumulated deficit attributable to Class A common stock	Accumulated deficit	Accumulated other comprehensive loss	Nonredeemable non-controlling interests	Class A Units	Class B Units	Class C Units	Class D Units	Class E Units	Class A Common StockIPO	Class A Common StockSecondary Public Offering	Class A Common Stock	Class B Common Stock	Class C Common Stock	Class D Common Stock	IPO	Secondary Public Offering	Total
Beginning balance at Dec. 31, 2016			$ (197,763)			$ (187,576)					$ (124,028)	$ (127,464)	$ (10,187)	$ 54,453		$ 9,463
Beginning balance (in units) at Dec. 31, 2016														6,374	3,506	375	1,085
Shareholders'/members' equity (deficit)
Net (loss) income			(37,813)			(40,242)					(40,242)		2,429
Foreign currency translation and other adjustments			45,541			29,307					(29,948)	59,255	16,234
Acquisition of additional shares in consolidated subsidiary			(9,218)			(6,401)					(6,401)		(2,817)
Redeemable non-controlling interests adjustment			(34,985)			(34,985)					(34,985)
Unit purchase/redemption/forfeiture/grants			71,250			71,250												$ 71,250
Unit purchase/redemption/forfeiture/grants (in units)																	22	1,012
Distributions			(4,073)			(1,726)					(1,726)		(2,347)
Ending balance at Dec. 31, 2017			(166,531)			(169,843)					(237,330)	(67,679)	3,312	$ 54,453		$ 9,463		$ 71,250
Ending balance (in units) at Dec. 31, 2017														6,374	3,506	375	1,107	1,012
Beginning balance at Dec. 31, 2016																											$ 100,530
Redeemable non-controlling interests
Net income (loss)																											5,465
Foreign currency translation and other adjustments																											10,662
Defined benefit pension plan			530			530						530															530
Distributions																											(3,376)
Redeemable non-controlling interests adjustment																											34,985
Ending balance at Dec. 31, 2017																											148,266
Beginning balance at Dec. 31, 2016																											(97,233)
Total equity
Net (loss) income																											(32,348)
Foreign currency translation and other adjustments																											56,203
Defined benefit pension plan																											530
Acquisition of additional shares in a consolidated subsidiary																											(9,218)
Unit purchase/redemption/forfeiture/grants																											71,250
Distributions																											(7,449)
Ending balance at Dec. 31, 2017			(166,531)			(169,843)					(237,330)	(67,679)	3,312	$ 54,453		$ 9,463		$ 71,250									(18,265)
Ending balance at May. 23, 2018																											689,569
Beginning balance at Dec. 31, 2017			(166,531)			(169,843)					(237,330)	(67,679)	3,312	$ 54,453		$ 9,463		$ 71,250
Beginning balance (in units) at Dec. 31, 2017														6,374	3,506	375	1,107	1,012
Shareholders'/members' equity (deficit)
Net income prior to Reorganization Transaction			(24,412)			(24,412)					(24,412)
Cumulative translation adjustment prior to Reorganization Transactions			(6,337)			(6,337)						(6,337)
Distributions prior to Reorganization Transactions			(1,334)										(1,334)
Acquisition of additional shares in a consolidated subsidiary			(22,065)			(20,924)					(20,924)		(1,141)
Legacy deficit / accumulated comprehensive loss allocation (Class C&D)						166,793					132,181	34,612	(166,793)
Legacy deficit / accumulated comprehensive loss allocation (Class B)			189,889			189,889					150,485	39,404
Equity issued in connection with acquisition prior to Reorganization Transactions									$ 135,160					$ (54,453)		$ (9,463)		$ (71,250)				$ 4		$ 2
Equity issued in connection with acquisition prior to Reorganization Transactions (in units and shares)														(6,374)	(3,506)	(375)	(1,107)	(1,012)			1,319	35,914	2,561	24,305
Share-based compensation prior to Reorganization Transactions, net of share settlement			51,339			51,339			51,339
Share-based compensation prior to Reorganization Transactions, net of share settlement (in shares)																					494
Class B redeemable non-controlling interests fair value adjustment in connection to Reorganization Transactions			(735,775)										(735,775)
Effect of Reorganization Transactions			(715,226)			186,505			186,499				(901,731)									$ 4		$ 2
Effect of Reorganization Transactions (in shares)																					1,813	35,914	2,561	24,305
Sale of Class A common stock, net of underwriter fees	$ 219,022	$ 190,162		$ 219,022	$ 190,162		$ 219,020	$ 190,161											$ 2	$ 1
Sale of Class A common stock, net of underwriter fees (in shares)																			15,434	8,053
Contingent consideration settled in Class A common stock			771			771			771
Contingent consideration settled in Class A common stock (in shares)																					48
Deferred taxes in connection with the Reorganization Transactions			6,740			6,740			6,714			26
Share-based compensation expense			3,385			3,385			3,385												$ 57
Tax receivable agreement obligations in connection with the Reorganization Transactions			8,333			8,333			8,333
Net income subsequent to the Reorganization Transactions			(41,514)			(14,712)				$ (14,712)			(26,802)
Cumulative translation adjustment subsequent to the Reorganization Transactions			(4,482)			(2,942)						(2,942)	(1,540)
Distributions subsequent to the Reorganization Transactions			(92)										(92)
Acquisition of additional shares in consolidated subsidiary			(103)			(58)				(58)			(45)
Exchange or conversion of Class C and Class D common stock for Class A common stock (in shares)																					598		(100)	(497)
eService redeemable non-controlling interest fair value adjustment			11,002			6,325				6,325			4,677
Sale of Employee Ownership						(857)			(857)				857
Sale of Employee Ownership (in shares)																					22			(22)
Sale of MDP Class D Shares			(165,927)			(435,851)			(435,850)				269,924											$ (1)
Sale of MDP Class D Shares (in shares)																								(7,000)
Revaluation of defined benefit pension plan			(137)			(77)						(77)	(60)
Blueapple redeemable non-controlling interest fair value adjustment			(374,616)			(215,354)				(215,354)			(159,262)
Ending balance at Dec. 31, 2018			(862,682)			(48,608)			178,176	(223,799)		(2,993)	(814,074)								$ 3	$ 4		$ 1
Ending balance at Dec. 31, 2018			(862,682)			(48,608)			178,176	(223,799)		(2,993)	(814,074)								$ 3	$ 4		$ 1			(862,682)
Ending balance (in shares) at Dec. 31, 2018																					26,025	35,914	2,461	16,786
Beginning balance at Dec. 31, 2017																											148,266
Redeemable non-controlling interests
Defined benefit pension plan																											(228)
Net income prior to Reorganization Transactions																											1,291
Cumulative translation adjustment prior to Reorganization Transactions																											(2,104)
Distributions prior to Reorganization Transactions																											(3,770)
Legacy deficit / accumulated comprehensive loss allocation (Class B)																											(189,889)
Class B redeemable non-controlling interests fair value adjustment in connection to Reorganization Transactions																											735,775
Effect of Reorganization Transactions																											689,569
Net income subsequent to the Reorganization Transactions																											(34,215)
Cumulative translation adjustment subsequent to the Reorganization Transactions																											(6,303)
Distributions subsequent to the Reorganization Transactions																											(2,380)
eService redeemable non-controlling interest fair value adjustment																											(11,002)
Revaluation of defined benefit pension plan																											(192)
Blueapple redeemable non-controlling interest fair value adjustment subsequent to the Reorganization Transactions																											374,616
Ending balance at Dec. 31, 2018																											1,010,093
Beginning balance at Dec. 31, 2017			(166,531)			(169,843)					$ (237,330)	(67,679)	3,312	$ 54,453		$ 9,463		$ 71,250									(18,265)
Total equity
Net (loss) income																											(98,850)
Net income prior to Reorganization Transactions																											(23,121)
Cumulative translation adjustment prior to Reorganization Transactions																											(8,441)
Distributions prior to Reorganization Transactions																											(5,104)
Acquisition of additional shares in a consolidated subsidiary																											(22,065)
Share-based compensation prior to Reorganization Transactions, net of share settlement																											51,339
Effect of Reorganization Transactions																											(25,657)
Sale of Class A common stock in initial public offering, net of underwriter fees																									$ 219,022
Contingent Consideration Settled In Class A Common Stock																											771
Deferred taxes in connection with the Reorganization Transactions and subsequent conversions of shares of class C common stock and class D common stock																											6,740
Tax receivable agreement in connection with the Reorganization Transaction, and subsequent conversions of shares of Class C common stock and Class D common stock																											8,333
Net income subsequent to the Reorganization Transactions																											(75,729)
Cumulative translation adjustment subsequent to the Reorganization Transactions																											(10,785)
Distributions subsequent to the Reorganization Transactions																											(2,472)
Acquisition of additional shares in a consolidated subsidiary																											(103)
Sale of Class A common stock in Secondary Offering, net of underwriter fees																										$ 190,162
Sale of MDP Class D Shares																											(165,927)
Share-based compensation expense																											3,385
Revaluation of defined benefit pension plan																											(329)
Ending balance at Dec. 31, 2018																											147,411
Ending balance at Dec. 31, 2018			(862,682)			(48,608)			178,176	(223,799)		(2,993)	(814,074)								$ 3	$ 4		$ 1
Ending balance at Dec. 31, 2018			(862,682)			(48,608)			178,176	(223,799)		(2,993)	(814,074)								$ 3	$ 4		$ 1			(862,682)
Ending balance (in shares) at Dec. 31, 2018																					26,025	35,914	2,461	16,786
Beginning balance at May. 23, 2018																											689,569
Ending balance at Dec. 31, 2018																											1,010,093
Ending balance at Dec. 31, 2018																											147,411
Shareholders'/members' equity (deficit)
Prior period adjustment						(20,629)			(20,629)				20,629
Net (loss) income			(16,654)			(10,105)				(10,105)			(6,549)
Distributions			(297)										(297)
Secondary Offering			67,431			(470,831)			(470,830)				538,262								$ 1	$ (1)		$ (1)
Secondary Offering (in shares)																					14,250	(1,750)		(11,750)
Fair value adjustment in connection with purchase of Blueapple Class B shares			2,843			2,020				2,020			823
Share-based compensation expense			10,921			10,921			10,921
Vesting of equity awards			(1,819)			(1,819)			(1,819)
Vesting of equity awards (in shares)																					78
Exercise of stock options			1,010			1,010			1,010																		1,010
Exercise of stock options (in shares)																					61
Deferred taxes in connection with share exchanges			8,001			8,001			8,001
Tax receivable agreement in connection with share exchanges			17,993			17,993			17,993																		17,993
Cumulative translation adjustment subsequent to the Reorganization Transactions			667			1,045						1,045	(378)
Exchange or conversion of Class C and Class D common stock for Class A common stock						(37,533)			(37,533)				37,533
Exchange or conversion of Class C and Class D common stock for Class A common stock (in shares)																					820		(139)	(681)
eService redeemable non-controlling interest fair value adjustment			(16,216)			(12,561)				(12,561)			(3,655)
Blueapple redeemable non-controlling interest fair value adjustment			(93,845)			(28,203)				(28,203)			(65,642)
Reclassification of additional paid-in-capital to accumulated deficit									$ 314,710	(314,710)
Ending balance at Dec. 31, 2019			$ (882,647)			$ (589,299)				$ (587,358)		$ (1,948)	$ (293,348)								$ 4	$ 3					(882,647)
Ending balance (in shares) at Dec. 31, 2019																					41,234	34,164	2,322	4,355
Redeemable non-controlling interests
Net income (loss)																											(6,712)
Defined benefit pension plan																											(15)
Distributions																											(9,475)
Secondary Offering																											(48,447)
Fair value adjustment in connection with purchase of Blueapple Class B shares																											(2,843)
Cumulative translation adjustment subsequent to the Reorganization Transactions																											(229)
eService redeemable non-controlling interest fair value adjustment																											16,216
Blueapple redeemable non-controlling interest fair value adjustment subsequent to the Reorganization Transactions																											93,845
Ending balance at Dec. 31, 2019																											1,052,448
Total equity
Net (loss) income																											(23,366)
Distributions																											(9,772)
Secondary Offering																											18,984
Vesting of equity awards																											(1,819)
Deferred taxes in connection with share conversions																											8,001
Cumulative translation adjustment subsequent to the Reorganization Transactions																											438
Share-based compensation expense																											10,921
Ending balance at Dec. 31, 2019																											$ 169,801

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net loss	$ (23,366)	$ (98,850)	$ (32,348)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	92,059	87,184	74,136
(Gain) loss on sale of investment	250		(1,308)
Amortization of deferred financing costs	2,680	8,528	3,197
Change in fair value of contingent consideration	2,384	(375)
Loss on extinguishment of debt		2,055
Loss on disposal of equipment and improvements	3,014	1,311	384
Share-based compensation expense	10,921	55,519
Impairment of intangible assets	13,101	14,627	0
Accrued interest expense	3,492	(340)	1,893
Gain on acquisition of unconsolidated investee		(8,404)
Deferred taxes, net	(9,182)	(1,778)	11,514
Other	(681)	(595)	(17)
Changes in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable, net	(1,719)	3,141	(10,243)
Other receivables	27,474	(1,563)	5,898
Inventory	(276)	2,049	(1,378)
Other current assets	(592)	(4,018)	(9,407)
Operating lease right of-use-assets	7,335
Other assets	(1,233)	2,948	7,093
Related parties, net	3,797	(498)	(5,155)
Accounts payable	(35,962)	(12,426)	2,330
Accrued expenses	641	15,509	6,907
Settlement processing funds, net	(59,077)	137,898	(48,080)
Operating lease liabilities	(6,745)
Other	74	76	178
Net cash provided by operating activities	27,889	201,998	8,210
Cash flows from investing activities:
Restricted cash			(125,000)
Acquisition of businesses, net of cash acquired	(38,832)	(56,193)	(124,964)
Purchase of equipment and improvements	(36,808)	(48,751)	(42,021)
Acquisition of intangible assets	(8,013)	(20,704)	(17,310)
Net proceeds from sale of investments	250		205
Issuance of notes receivable		(37)
Collections of notes receivable	1,878	120	974
Collection of deferred cash consideration	4,882
Net cash used in investing activities	(76,643)	(125,565)	(58,116)
Cash flows from financing activities:
Proceeds from long-term debt	583,505	774,359	854,135
Repayments of long-term debt	(580,795)	(853,487)	(868,990)
Deferred financing costs paid	(2)	(3,903)	(1,232)
Contingent consideration paid	(6,276)	(2,505)	(282)
Deferred cash consideration paid	(915)	(65,000)	(5,000)
Consideration paid for additional shares in a consolidated subsidiary			(3,962)
Acquisition of additional non-controlling interest		(16,916)
IPO proceeds, net of underwriter fees		231,500
Proceeds from the secondary offerings	381,619	190,894
Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the secondary offerings	(362,635)	(165,927)
Repurchases of shares to satisfy minimum tax withholding	(1,819)	(795)
Proceeds from exercise of common stock options	1,010
Distribution to non-controlling interests holders	(9,772)	(7,577)	(5,722)
Contributions by members			71,250
Distribution to members			(1,726)
Net cash provided by financing activities	3,920	80,643	38,471
Effect of exchange rate changes on cash and cash equivalents	(1,774)	(11,521)	13,253
Net (decrease) increase in cash and cash equivalents	(46,608)	145,555	1,818
Cash and cash equivalents, beginning of year	350,697	205,142	203,324
Cash and cash equivalents, end of year	$ 304,089	$ 350,697	$ 205,142

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Description of Business and Summary of Significant Accounting Policies
Description of Business and Summary of Significant Accounting Policies	(1) (a) EVO Payments, Inc. (“EVO, Inc.” or the “Company”) is a Delaware corporation whose primary asset is its ownership of approximately 50.2% of the membership interests of EVO Investco, LLC (“EVO, LLC”) as of December 31, 2019. EVO, Inc. was incorporated on April 20, 2017 for the purpose of completing a series of reorganization transactions (the “Reorganization Transactions”), in order to consummate the initial public offering of EVO, Inc.’s Class A common stock (“IPO”), and to carry on the business of EVO, LLC. EVO, Inc. is the sole managing member of EVO, LLC and operates and controls all of the businesses and affairs conducted by EVO, LLC and its subsidiaries (the “Group”). 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 over 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 operates two reportable segments: the Americas and Europe. (b) The preparation of the consolidated financial statements in conformity with generally accepted accounting principles in the United States (“U.S. GAAP”) requires management to make certain estimates and assumptions that affect the reported assets and liabilities, as of the date of the 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 fair value of share-based compensation, and assessment of recoverability of long-lived assets. Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity at December 31, 2018: The previously presented nonredeemable non-controlling interests, which relate to the portion of equity in a consolidated subsidiary not attributable, directly or indirectly, to the Company as of December 31, 2018, were retrospectively adjusted to reflect the exchange of certain Class C and D shares to Class A shares. The Company has deemed the correction to be immaterial as there is no impact to the Company’s results of operations, cash flows from operating, investing, or financing activities, or consolidated shareholders’ deficit. This immaterial adjustment decreased the previously reported amounts of $178.2 million and ($814.1) million of additional paid-in capital and nonredeemable non-controlling interests, as reported in the consolidated balance sheet and consolidated statement of changes in equity as of December 31, 2018, to $157.5 million and ($793.4) million, respectively. (c) The accompanying consolidated financial statements include the accounts of the Company. As a sole managing member of EVO, LLC, the Company exerts control over the Group. In accordance with Accounting Standards Codification (“ASC”) 810, Consolidation , EVO, Inc. consolidates the Group’s financial statements and records the interests in EVO, LLC that it does not own as non-controlling interests. All intercompany accounts and transactions have been eliminated in consolidation. The Company accounts for investments over which it has significant influence, but not a controlling financial interest using the equity method of accounting. (d) 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 day following receipt in satisfaction of the settlement process. Included in cash and cash equivalents are merchant reserve cash balances, which 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 (“Merchant Reserves”). While this cash is not restricted in its use, the Company believes that maintaining the Merchant Reserves to collateralize merchant losses strengthens its fiduciary standings with its card network sponsors (“Member Banks”) and is in accordance with the guidelines set by the card networks. As of December 31, 2019 and 2018, Merchant Reserves were $85.8 million and $107.8 million, respectively. (e) Accounts receivable include amounts due from independent sales organizations (“ISO”) and merchants related to the transaction processing services and sale of point-of-sale (“POS”) equipment and peripherals and amounts of foreign value-added taxes to be recovered through regular business operations. Other receivables include advances to merchants and other amounts due to the Company. Included in other receivables as of December 31, 2018, is an amount of value-added taxes of $32.0 million, due from the Mexican tax authority as part of the business acquisition in Mexico with a corresponding liability that is included in accounts payable as of December 31, 2018, representing the amount to be paid to the seller. This amount was collected from tax authority and remitted to the seller during the year ended December 31, 2019. Receivable balances are stated net of allowance for doubtful accounts. The Company periodically evaluates its receivables for collectability. The Company analyzes historical losses, the financial position of its customers and known or expected trends when estimating the allowance for doubtful accounts. As of December 31, 2019 and 2018, allowance for doubtful accounts was $3.7 million and $0.4 million, respectively. (f) Inventory consists primarily of electronic POS terminals and prepaid mobile phone cards and is stated at the lower of cost or net realizable value. Cost is determined based on the first-in, first-out (“FIFO”) method. (g) Basic earnings per Class A common stock are computed by dividing the net loss attributable to EVO, Inc. by the weighted-average number of Class A common stock outstanding for the year ended December 31, 2019, and for the period from May 23, 2018 to December 31, 201 8 . Diluted earnings per Class A common stock is calculated by dividing the net income (loss) attributable to EVO, Inc., when applicable, by the diluted weighted-average Class A common stock outstanding for the year ended December 31, 2019, and for the period from May 23, 2018 to December 31, 2018. Diluted weighted-average Class A common stock includes unvested stock options, restricted stock units (“RSUs”), restricted stock awards (“RSAs”), and common membership interests of EVO, LLC (“LLC Interests”) corresponding to each Class C common share and Class D common share that are exchangeable for shares of Class A common stock for the period after the closing of the IPO, excluding anti-dilutive securities. Class B common stock is not considered when calculating dilutive EPS as this class of common stock may not convert to Class A common stock. The dilutive effect of outstanding share-based compensation awards, if any, is reflected in diluted earnings per Class A common stock by application of the treasury stock method or if-converted method, as applicable. Refer to Note 4, “Earnings Per Share”, for further information. (h) Settlement processing assets and obligations represent intermediary balances arising in our settlement process. Refer to Note 3, “Settlement Processing Assets and Obligations”, for further information. (i) Equipment and improvements are stated at cost less accumulated depreciation. Card processing, office equipment, computer software, and furniture and fixtures are depreciated over their respective estimated useful lives on a straight-line basis. Leasehold improvements are depreciated over the lesser of the estimated useful life of the asset or the lease term. Maintenance and repairs, which do not extend the useful life of the respective assets, are recognized as expense when incurred. Refer to Note 8, “Equipment and Improvements”, for further information. (j) The costs associated with obtaining debt financing are capitalized and amortized over the term of the related debt. Such costs are presented as a reduction of the long-term debt. (k) The Company regularly evaluates whether events and circumstances have occurred that indicate the carrying amounts of goodwill and other intangible assets may not be recoverable. Goodwill represents the excess of the consideration transferred over the fair value of identifiable net assets acquired through business combinations. The Company evaluates its goodwill for impairment annually as of October 1, or more frequently, if an event occurs or circumstances change that indicate the fair value of a reporting unit is below its carrying amount. Our reporting units are consistent with our segments: the Americas and Europe. As of October 1, 2019 and 2018, the Company performed a qualitative assessment as prescribed by ASC 350, Intangibles - Goodwill and Other , to evaluate the Company's goodwill for indicators of impairment. A qualitative assessment includes consideration of macroeconomic conditions, industry and market considerations, changes in certain costs, overall financial performance of each reporting unit, and other relevant entity-specific events. In performing its qualitative assessment, the Company considered the results of the quantitative impairment test performed in 2017 and the financial performance of the reporting units during 2019 and 2018. Based upon such assessment, the Company determined that it was more likely than not that the fair values of these reporting units exceeded their carrying amounts as of October 1, 2019 and 2018. There were no significant events or changes in the circumstances since the timing of the Company’s annual impairment tests that would have required us to reassess the results of the annual tests as of December 31, 2019 and 2018. As of October 1, 2017, the Company utilized the two-step quantitative approach to test goodwill for impairment. As a result of the annual impairment testing for 2017, we did not recognize any impairment. As of the date of the 2017 impairment test, the fair values of the Americas and Europe reporting units exceeded their carrying values by approximately $500 million and $300 million, respectively. Finite-lived assets include merchant contract portfolios and customer relationships, marketing alliance agreements, trademarks, internally developed and acquired software, and non-competition agreements, and are stated net of accumulated amortization or impairment charges and foreign currency translation adjustments. Merchant contract portfolios and customer relationships consist of merchant or customer contracts acquired from third parties that will generate revenue for the Company. The useful lives of these assets are determined using forecasted cash flows, which are based on, among other factors, the estimates of revenue, expenses, and attrition associated with the underlying portfolio of merchant or customer accounts. The useful lives are determined based upon the period of time over which a significant portion of the economic value of such assets is expected to be realized. The useful life of merchant contract portfolios and customer relationships ranges from 5 to 19 years. Amortization of these assets is recognized under an accelerated method, which approximates the expected distribution of the portfolios’ forecasted cash flows. Marketing alliance agreements are amortized on a straight-line basis over the term of the agreements, which ranges from 5 to 21 years. Trademarks are amortized on a straight-line basis over the period of time during which a significant portion of the economic value of such assets is expected to be realized, which ranges from 2 to 20 years. Internally developed and acquired software is amortized on a straight-line basis over the estimated useful lives, which range from 3 to 10 years. The estimated useful lives of the software are based on various factors, including obsolescence, technology, competition, and other economic factors. The costs related to the internally developed software are capitalized during the developmental phase of a project, and amortization commences when the software is placed into use by the Company. The costs incurred during the preliminary project stage are expensed as incurred. Non-competition agreements are amortized on a straight-line basis over the term of the agreement, which ranges from 2 to 4 years. When factors indicate that a long-lived asset should be assessed for impairment, the Company evaluates whether the carrying value of the asset will be recovered through the future undiscounted cash flows from the ongoing use of the asset, and if applicable, its eventual disposition. When the carrying value exceeds its fair value, an impairment loss is recognized in an amount equal to the difference. For the year ended December 31, 2019, the Company recognized an impairment charge of $13.1 million, primarily related to the termination of the marketing alliance agreement with Raiffeisen Bank Polska and the retirement of certain trademarks driven by an internal reorganization in the United States and the Santander branch consolidation in Spain. For the year ended December 31, 2018, the Company recognized an impairment charge of $14.6 million as a result of the retirement of the indefinite-lived trademarks, primarily related to the accelerated integration of the Sterling tradename into the EVO, Inc. portfolio. For the year ended December 31, 2017, there was no long-lived asset impairment. (l) The Company adopted Accounting Standards Update (“ASU”) 2014-09, Revenue From Contracts With Customers (“ASC 606”) on January 1, 2019, using the modified retrospective method and applying the standard to all contracts not completed on the date of adoption. Results for the reporting period beginning January 1, 2019 are presented under ASC 606, while prior period amounts continue to be reported in accordance with the Company's historic accounting practices under previous guidance. The Company primarily earns revenue from payment processing services. The payment processing services involve routing and clearing transactions through the applicable payment network. The Company obtains authorization for each transaction and requests funds settlement from the card issuing financial institution through the payment network. In addition, the Company also earns revenue from the sale and rental of electronic POS equipment. The Company’s revenue consists primarily of transaction-based fees that are made up of a significant volume of low-dollar transactions, sourced from multiple systems, platforms, and applications. The payment processing is highly automated, and is based on contractual terms with merchants. Because of the nature of payment processing services, the Company relies on automated systems to process and record the revenue transactions. Netting against the revenue is commissions for referral partners and third party processing and assessment costs. The Company’s core performance obligation is to provide continuous access to the Company’s processing services in order to be able to process as many transactions as its customers require on a daily basis over the contract term, as the timing and quantity of transactions to be processed is not determinable. Under a stand-ready obligation, the Company’s performance is defined by each time increment rather than by the underlying activities satisfied over time based on days elapsed. Because the service of standing ready is substantially the same each day, and has the same pattern of transfer to the customer, the Company has determined that its stand-ready performance obligation comprises a series of distinct days of service. The Company’s contractual agreements outline the pricing related to payment processing services and pricing related to the sale or rental of POS equipment. Given the nature of the promise to stand ready to provide payment processing services and the fees which are based on unknown quantities of services to be performed over the contract term, the consideration related to the payment processing services is determined to be variable consideration. The variable consideration is usage-based and the variability is satisfied each day the services are provided to the customer. The Company allocates variable fees to the distinct day of service to which it relates, considering the services performed each day in order to allocate the appropriate amount of total fees to that day. Therefore, the Company recognizes revenue for payment processing services over time on a daily basis based on the services performed on that day. Revenue from the sale of POS equipment is recognized at a point in time when the POS equipment is shipped and title passes to the customer. Revenue from the rental of electronic POS equipment is recognized over time. ASC 606 requires disclosure of the aggregate amount of the transaction price allocated to unsatisfied performance obligations; however, as permitted by the standard, the Company has elected to exclude from this disclosure any contracts with an original duration of one year or less and any variable consideration that meets specified criteria. As discussed above, the Company’s core performance obligation is a stand-ready obligation comprised of a series of distinct days of service, and revenue related to this performance obligation is generally billed and recognized as the services are performed. The variable consideration allocated to this performance obligation meets the specified criteria for disclosure exclusion. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material. The Company follows the requirements of ASC 606-10, Principal Agent Considerations , which states that the determination of whether a company should recognize revenue based on the gross amount billed to a customer or the net amount retained is a matter of judgment that depends on the facts and circumstances of the arrangement. For payment processing services, the determination of gross versus net recognition for interchange, card network fees, commissions, and other fees depends on whether the Company controls the good or service before it is transferred to the merchant or whether the Company is acting as an agent of a third party. The Company frequently enters into agreements with third parties under which the third party engages the Company to provide payment processing services to all of their customers. Under these agreements the third party acts as supplier of products or services by achieving most of the shared risks and rewards of customer contracts; the Company passes the third party’s share of merchant receipts to them as commissions. The Company incurs interchange and card network pass-through charges from the card issuers and payment networks respectively, and does not have the ability to direct the use of or receive the benefits from the services provided by the card issuers or the payment networks. The Company has no discretion over which card issuing bank will be used to process a transaction and is unable to direct the activity of the merchant to another card issuing bank. Interchange and card network rates are pre-established by the card networks, and the Company has no latitude in determining these fees. Therefore, the Company is acting as an agent with respect to these services. Revenue generated from payment processing is presented net of interchange, card network fees, and commissions. Commissions payable to referral and reseller partners are recognized as incurred. The Company does not capitalize costs to obtain contracts with customers or costs incurred to fulfill contracts with customers as such amounts are not material. (m) The Company accounts for share-based compensation in accordance with ASC 718, Compensation: Stock Compensation . ASC 718 requires a share-based compensation to be measured based on the fair value of the awards issued. The Company granted equity awards prior to the IPO (“pre-IPO awards”). These pre-IPO awards contained a performance condition contingent on a liquidity event, as well as other metrics. These pre-IPO awards were modified on the IPO date by the compensation committee of the board of directors, and the fair value of the modified awards was determined based on the IPO price per share of the Class A common stock. The majority of these awards were fully time-vested, and the Company recorded share-based compensation expense to fully recognize the value of these awards on the IPO date. With respect to equity awards issued as compensation in connection with the Reorganization Transactions and the IPO pursuant to the 2018 Omnibus Equity Incentive Plan (the “2018 Plan”), the fair value of the stock option awards is determined through the application of the Black-Scholes model. The fair values of RSUs and RSAs were determined based on the IPO per share price or the market price at the time of grant. The share-based compensation is recognized as expense based on the vesting conditions of the awards. The Company has elected to recognize forfeitures at the time they occur. Refer to Note 21, “Stock Compensation Plans and Share-Based Compensation Awards”, for further information on the share-based compensation awards. (n) Subsequent to consummation of the Reorganization Transactions and the IPO, the Company is subject to United States federal, state and local income taxes. The Company's subsidiaries are subject to income taxes in the respective jurisdictions in which they operate. Prior to the consummation of the Reorganization Transactions and the IPO, provision for United States federal, state, and local income tax was not material, as EVO, LLC is a limited liability company and is treated as a pass-through entity for United States federal, state, and local income tax purposes. EVO, LLC’s domestic or foreign subsidiary’s income tax filings are periodically audited by the local tax authorities. EVO, LLC’s open tax years by major taxing jurisdictions are as follows: Jurisdiction Years United States 2017-2019 Mexico 2015-2019 Poland 2014-2019 Deferred Taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the consolidated financial statements. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the consolidated financial statements and tax basis of assets and liabilities using enacted jurisdictional tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates is recognized in the consolidated statements of operations and comprehensive (loss) income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that it is expected that these assets are more likely than not to be realized. T he Company evaluates the realizability of the deferred tax assets, and to the extent that the Company estimates that it is more likely than not that a benefit will not be realized, the carrying amount of the deferred tax assets is reduced with a valuation allowance. As a part of this evaluation, the Company assesses all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations, to determine whether sufficient future taxable income will be generated to realize existing deferred tax assets. The Company has identified objective and verifiable negative evidence in the form of cumulative losses on an unadjusted basis in certain jurisdictions over the preceding twelve quarters ended December 31, 2019. The Company also evaluated its historical core earnings by jurisdiction, after adjusting for certain nonrecurring items. On the basis of this assessment, and after considering future reversals of existing taxable temporary differences, the Company established 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 European jurisdictions. In the United States jurisdiction, however, with exception of the valuation allowance for the United States interest expense limitation, the Company concluded that its deferred tax assets will be realizable and recorded no valuation allowance based upon the projected future profitability of its core operations. As of December 31, 2019 and 2018, a valuation allowance of $8.2 million and $21.4 million, respectively, has been established to reduce the carrying amount of the deferred tax asset to an amount that is more than likely than not to be realized. The amount of the deferred tax asset considered realizable, however, could be adjusted if estimates of future taxable income during the carryforward period are reduced or increased, or if objective negative evidence in the form of cumulative losses is no longer present, and additional weight may be given to subjective evidence such as the Company’s projections for growth. Uncertain Tax Positions The Company records uncertain tax positions in accordance with ASC 740, Income Taxes , on the basis of a two-step process: (1) determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company is subject to tax audits in various jurisdictions and regularly assesses the likely outcome of such audits in order to determine the need for liabilities for uncertain tax benefits. The Company continually evaluates the appropriateness of liabilities for uncertain tax positions, considering factors such as statutes of limitations, audits, proposed settlements, and changes in tax law. The Company recognizes interest and penalties related to unrecognized tax benefits within the income tax expense line in the accompanying consolidated statements of operations and comprehensive (loss) income. Accrued interest and penalties are included within the deferred tax liability line in the consolidated balance sheets. As of December 31, 2019 and 2018, based on the Company’s evaluation of the tax positions, including its filed tax returns, there were no uncertain tax positions that required recognition or disclosure in the consolidated financial statements. (o) Non-controlling interests relate to the portion of equity in a consolidated subsidiary not attributable, directly or indirectly, to the Company. Where redemption of such non-controlling interests is solely within the control of the Company, such interests are reflected in the consolidated balance sheets as “Nonredeemable non-controlling interests” and in the consolidated statements of operations and comprehensive (loss) income as “Net loss attributable to non-controlling interests of EVO Investco, LLC.” RNCI refers to non-controlling interests that are redeemable upon the occurrence of an event that is not solely within the Company’s control and is reported in the mezzanine section between total liabilities and shareholders’ deficit, as temporary equity in the Company’s consolidated balance sheets. The Company adjusts RNCI balance to reflect its estimate of the maximum redemption amount each reporting period. Refer to Note 16, “Redeemable Non-controlling Interests”, for further information. (p) The Company has operations in foreign countries whose functional currency is the local currency. Gains and losses on transactions denominated in currencies other than the functional currency are included in the net loss for the period. The assets and liabilities of subsidiaries whose functional currency is a foreign currency are translated at the period-end exchange rates. Income statement items are translated at the average monthly rates for the year. The resulting translation adjustment is recorded as a component of other comprehensive (loss) income and is included in shareholders’ deficit. (q) The Company follows ASC 820, Fair Value Measurements , which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The determination of fair value is based on the principal or most advantageous market in which the Company could participate and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance. Also, determination of fair value assumes that market participants will consider the highest and best use of the asset. The Company uses the hierarchy prescribed in ASC 820 for fair value measurements, based on the available inputs to the valuation and the degree to which they are observable or not observable in the market. The three levels of the hierarchy are as follows: Level 1 Inputs—Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date; Level 2 Inputs—Other than quoted prices included in Level 1 inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3 Inputs—Unobservable inputs for the asset or liability used to measure fair value allowing for inputs reflecting the Company’s assumptions about what other market participants would use in pricing the asset or liability, including assumptions about risk. (r) The Company has two operating segments: the Americas and Europe. The Company’s reportable segments are the same as the operating segments. The alignment of the Company’s segments is designed to establish lines of business that support the geographical markets in which the Company operates and allows the Company to further globalize its solutions while working seamlessly with teams across these markets. The America’s segment comprises the geographical markets of the United States, Canada, and Mexico. The Europe segment comprises the geographical markets of Western Europe (Spain, United Kingdom, Ireland, and Germany) and Eastern Europe (Poland and Czech Republic). The Company also provides general corporate services to its segments through corporate functions, the cost of which is not allocated to segments. Such costs are reported as “Corporate.” Refer to Note 19, “Segment Information”, for further information on segment reporting. (s) The Company adopted ASU 2016-02, Leases, (“ASC 842”) on January 1, 2019, using the optional modified retrospective method under which the prior period financial statements were not restated for the new guidance. 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. 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 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

Revenue

Revenue	12 Months Ended
Revenue	Dec. 31, 2019
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 $43.0 million, $44.0 million, and $36.2 million for the years ended December 31, 2019, 2018, and 2017, respectively. The table below presents a disaggregation of the Company’s revenue by segment and by division. The Company’s divisions are defined as follows: · Direct – Includes long-term, exclusive referral relationships with leading financial institutions. In the aggregate, these banks represent thousands of branch locations which actively pursue new merchant relationships on the Company’s behalf. These financial institutions provide the Company with access to their brands, significantly enhancing the Company’s credibility and recognition. The Company also utilizes a direct sales force to build and maintain direct relationships with its merchants and other referral partners in order to control sales, price negotiation, underwriting, boarding, and support processes. · Tech-enabled – Includes partnerships with independent software vendors, integrated software dealers, enterprise resource planning (“ERP”) software dealers, and eCommerce gateway providers. These partnerships function by way of a technical integration between the Company and the third party in which the third party seamlessly passes information to the Company’s systems in order to streamline the merchant boarding process. The Company also drives growth through its own ERP integrations, which support its B2B offering, and its proprietary eCommerce gateway. · Traditional – Represents the Company’s heritage United States portfolio composed primarily of ISO relationships. The Company is not focused on this sales model, and it will represent an increasingly smaller portion of the business over time. Year Ended December 31, 2019 Americas Europe Total (In thousands) Divisions: Direct $ 156,112 $ 142,313 $ 298,425 Tech-enabled 115,476 39,625 155,101 Traditional 32,252 — 32,252 Totals $ 303,840 $ 181,938 $ 485,778 Year Ended December 31, 2018 Americas Europe Total (In thousands) Divisions: Direct $ 165,452 $ 189,782 $ 355,234 Tech-enabled 115,691 54,491 170,182 Traditional 39,338 — 39,338 Totals $ 320,481 $ 244,273 $ 564,754

Settlement Processing Assets an

Settlement Processing Assets and Obligations	12 Months Ended
Settlement Processing Assets and Obligations	Dec. 31, 2019
Settlement Processing Assets and Obligations
Settlement Processing Assets and Obligations	(3) Settlement Processing Assets and Obligations In certain markets, the Company is a member of various card networks, allowing it to process and settle transactions without third-party sponsorship. In other markets, the Company partners with Member Banks, the sponsorship of which allows the Company to route transactions under the Member Banks’ control to clear transactions through card networks in accordance with card network standards. The card networks operate as an intermediary between the card issuing banks and the Member Banks, whereby funds are received by the card issuing banks and remitted to the Member Banks on a daily basis. The Company then remits these funds to merchants via the Member Banks to settle their daily card transactions. These balances are presented as receivables from card networks and settlement liabilities due to merchants, respectively, within the settlement processing assets and obligations table below. Receivables from merchants represent amounts invoiced to the merchants related to the various fees associated with the payment processing services. 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 assets and obligations 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 Member Banks receive from the card networks and the amount funded to merchants. A summary of settlement processing assets and obligations is as follows: December 31, December 31, 2019 2018 (In thousands) Settlement processing assets: Receivable from card networks $ 232,458 $ 195,817 Receivable from merchants 96,179 52,513 Totals $ 328,637 $ 248,330 Settlement processing obligations: Settlement liabilities due to merchants $ (363,545) $ (320,492) Merchant reserves (85,757) (107,836) Totals $ (449,302) $ (428,328)

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Dec. 31, 2019
Earnings Per Share
Earnings Per Share	(4) Earnings Per Share Earnings per share information for the year ended December 31, 201 8 has been presented on a prospective basis and reflects only the net loss available for holders of the Company’s Class A common stock, as well as both basic and diluted weighted-average Class A common stock outstanding, for the period from May 23, 2018 through December 31, 201 8 . Earnings per share information prior to May 23, 2018 is not presented since the ownership structure of EVO, LLC is not a common unit of ownership of the Company. The following table sets forth the computation of the Company's basic and diluted net loss per Class A common share (in thousands, except share and per share data): Year Ended December 31 May 23 - December 31 2019 2018 Numerator: Net loss attributable to EVO Payments, Inc. $ (10,105) $ (14,712) Denominator: Weighted-average Class A common stock outstanding 32,720,370 21,081,447 Effect of dilutive securities — — Total dilutive securities 32,720,370 21,081,447 Earnings per share: Basic $ (0.31) $ (0.70) Diluted $ (0.31) $ (0.70) Anti-dilutive securities: Stock options 3,082,909 2,086,153 RSUs 807,688 505,975 RSAs 19,903 42,087 Class C common stock 2,380,844 2,461,055 Class D common stock 11,449,784 16,785,552 Earnings per share is not separately presented for Class B common stock, Class C common stock, and Class D common stock since they have no economic rights to the earnings of the Company. Class B common stock is not considered when calculating dilutive EPS as this class of common stock may not convert to Class A common stock. Class C common stock and Class D common stock are considered in the calculation of dilutive EPS on an if-converted basis as these classes, together with the related LLC Interests, have exchange rights into Class A common stock that could result in additional Class A common stock being issued. However, the Company is in a net loss position, as such, Class C common stock and Class D common stock are therefore anti-dilutive. All other potentially dilutive securities are determined based on the treasury stock method. Refer to Note 20, “Shareholders’ Equity”, for further information on rights to each class of stock.

Tax Receivable Agreement and Ob

Tax Receivable Agreement and Obligations	12 Months Ended
Tax Receivable Agreement and Obligations	Dec. 31, 2019
Tax Receivable Agreements and Obligations
Tax Receivable Agreement and Obligations	(5) 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, as defined in Note 20, “Shareholders’ Equity”, 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 2019 and 2018, 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 December 31, 2019, the Company’s deferred tax asset and payment liability pursuant to the TRA were approximately $176.8 million ($170.3 million net of amortization) and $150.3 million, respectively at December 31, 2019. The Company recorded a corresponding increase to paid-in capital for the difference between the TRA liability and the related deferred tax asset. The amounts recorded as of December 31, 2019, approximate the current estimate of expected tax savings and are subject to change after the filing of the Company’s U.S. federal and state income tax returns for the year ended December 31, 2019. Future payments under the TRA with respect to subsequent exchanges would be in addition to these amounts. 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 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) income in the consolidated statements of operations and comprehensive (loss) income.

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Dec. 31, 2019
Acquisitions
Acquisitions	(6) Acquisitions The Company determined t he pro forma impact of the acquisitions below was not significant individually and in the aggregate, to the Company’s operating results and is, therefore, not separately presented. 2019 Acquisitions (a) Delego Software ULC In September 2019, a subsidiary of EVO, Inc. acquired 100% of the outstanding shares of Delego Software ULC (“Delego”), an unlimited liability company governed by the laws of the Province of British Columbia, Canada, for CAD 42.6 million ($32.4 million, based on the foreign exchange rate at the time of the acquisition), which was funded with cash drawn from the Company’s debt facilities and fully paid at closing. The acquisition of Delego expands the Company’s integrated payment solutions business as Delego is a provider of SAP integrated payments for business to business customers. The results of operations of Delego are included in the Company’s consolidated statement of operations and comprehensive (loss) income from the date of the acquisition in the Company’s Americas segment through the end of the period. As of December 31, 2019, the allocation of purchase price is preliminary, specifically with regards to deferred tax liabilities, because the Company has not yet completed its analysis of the historical tax records. Thus, the measurements of fair value set forth below are subject to change. The Company expects to finalize the valuations as soon as practical, but not later than one year from the acquisition date. The estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed are as follows: As of the Estimated acquisition date Useful Life Finite-lived intangible assets (In thousands ) Acquired software $ 7 years Customer relationships 15 years Trademarks 2 years Deferred tax liabilities Other assets (liabilities), net Goodwill Total purchase price $ Goodwill in the amount of $22.6 million represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired. Goodwill generated from the Delego acquisition is deductible for U.S. income tax purposes. (b) SF Systems In July 2019, a subsidiary of EVO, Inc. completed the acquisition of 100% of SF Systems, S.A.P.I. (“SF Systems”) for total consideration of $5.0 million, which includes an upfront payment of $4.0 million and a holdback liability of $1.0 million payable 18 months after the closing date. Net assets acquired in the SF Systems acquisition included purchased software of $2.6 million with a useful life of 5 years and goodwill of $2.4 million. Goodwill generated from the SF Systems acquisition is deductible for United States income tax purposes. SF Systems is presented in the Company’s Americas segment. (c) Way2Pay Ltd In March 2019, a subsidiary of EVO, Inc. completed the acquisition of 100% of the outstanding shares of Way2Pay Ltd (“Way2Pay”) for total consideration of €3.0 million ($3.4 million, based on the foreign exchange rate at the time of the acquisition), which includes an upfront payment of €2.7 million and a holdback liability of €0.3 million payable 18 months after the date of the agreement. Net assets acquired in the Way2Pay acquisition included purchased software of $4.0 million with a useful life of 5 years and liabilities of $0.6 million. Way2Pay is presented in the Company’s Europe segment. 2018 Acquisitions (a) ClearONE, S.L. In October 2018, a subsidiary of EVO, Inc. acquired 100% of the outstanding shares of ClearONE for €5.4 million ($6.3 million based on the foreign exchange rate at the time of the acquisition). ClearONE is presented in the Company’s Europe segment. Equipment and intangible assets consist of card processing equipment, merchant contract portfolios, trademarks, internally developed software, and non-competition agreements with useful lives of 3 to 5 years, 5 years, 5 years, 5 years, and 2 to 3 years, respectively. (b) Federated Payment Systems, LLC/Federated Payment Canada Corp. In September 2018, a subsidiary of EVO, Inc. acquired the remaining 67% of the outstanding membership interests of Federated Payment Systems, LLC (“Federated US”) and 100% of the outstanding shares of Federated Payment Canada Corporation (“Federated Canada,” together with Federated US, “Federated”) for $38.2 million. Certain acquisition-related expenses were incurred in conjunction with the Federated acquisition in the amount of $0.4 million. Federated maintains diverse sales channels which complement the Company’s distribution relationships. As a result of this acquisition, the Company recognized goodwill. Federated is presented in the Company’s Americas segment. The purchase price allocation, including the step-up in the Company’s original carrying value, is as follows: c As of the acquisition date (in thousands) Tangible assets acquired $ 1,702 Deferred tax liability (1,357) Amortizable intangible assets: Trademarks 1,200 Merchant contract portfolios 11,400 Goodwill 33,677 Total net assets acquired $ 46,622 Intangible assets of $12.6 million have been allocated to amortizable intangible assets consisting of trademarks and merchant contract portfolios, with estimated useful lives of 5 years and 10 years, respectively. On the date of acquisition, the book value of the investment in Federated US was zero. The Company recorded a gain on the acquisition of the unconsolidated investee of $8.4 million to step-up carrying value of the investment to fair value as of the acquisition date. The gain on acquisition of unconsolidated investee was recorded on the consolidated statements of operations and comprehensive (loss) income for the year ended December 31, 2018. Goodwill, totaling $33.7 million, represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired. Goodwill generated from the Federated acquisition is deductible for U.S. income tax purposes. (c) Nodus Technologies, Inc. In May 2018, a subsidiary of EVO, Inc. acquired 100% of the outstanding shares of Nodus Technologies, Inc. (“Nodus”) for $18.0 million. Nodus is presented in the Company’s Americas segment. Equipment and intangible assets consist of office equipment, computer software, merchant contract portfolios, trademarks, internally developed software, and non-competition agreements with useful lives of 5 to 7 years, 3 years, 15 years, 20 years, 10 years, and 3 years, respectively. (d) Liberbank, S.A. In April 2018, a subsidiary of EVO, Inc. acquired a portion of the merchant acquiring assets of Liberbank, S.A. and Banco de Castilla la Mancha, S.A. for €7.9 million ($9.5 million, based on the foreign exchange rate at the time of the acquisition). This asset acquisition is presented in the Company’s Europe segment. Equipment and intangible assets acquired consist of card processing equipment, merchant contract portfolios, marketing alliance agreements, and trademarks with useful lives of 3 years, 5 years, 15 years, and 15 years, respectively. (e) Nationwide Payment Solutions, LLC In March 2018, a subsidiary of EVO, Inc. acquired the remaining 38% membership interest in Nationwide Payment Solutions, LLC (“NPS”) for an upfront payment of $16.9 million, and contingent consideration of $3.8 million paid on April 1, 2019. This transaction resulted in a reduction to members’ deficit and nonredeemable non-controlling interests of $20.1 million and $0.6 million, respectively. NPS is presented in the Company’s Americas segment. (f) EVO Payments International Corp. - Canada In February 2018, a subsidiary of EVO, Inc. acquired the remaining 30% membership interest in EVO Payments International Corp. - Canada (“EVO Canada”) from 7097794 Canada, Inc. for $0.9 million of contingent consideration. This transaction resulted in a reduction to members’ deficit and nonredeemable non-controlling interests of $0.4 million and $0.5 million, respectively. EVO Canada is presented in the Company’s Americas segment.

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2019
Leases
Leases	(7) Leases As discussed in Note 1, “Description of Business and Summary of Significant Accounting Policies”, the Company retroactively adopted ASC 842 effective January 1, 2019, using the modified retrospective transition method, under which the prior period financial statements were not restated for the new guidance. The effect of adopting ASC 842 on the Company’s consolidated balance sheet is as follows: December 31, 2019 January 1, 2019 (In thousands) Operating Leases: Operating lease right-of-use assets $ $ Current portion of operating lease liabilities Noncurrent portion of operating lease liabilities Total operating lease liabilities $ $ 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 during the year ended December 31, 2019. 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 at December 31, 2019 was 7.79 years. The Company had no significant short-term leases during the year ended December 31, 2019. 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 our lease liabilities were 6.62% and 6.67% as of January 1, 2019 and December 31, 2019, respectively. Operating lease cost is recognized on a straight-line basis over the lease term. Operating lease costs for the year ended December 31, 2019 were $ 12.1 million and are included in selling, general and administrative expenses in the consolidated statement of operations and comprehensive (loss) income. Total lease costs include variable lease costs of approximately $2. 3 million, which are primarily comprised of costs of maintenance and utilities, and are determined based on the actual costs incurred during the period. 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 year ended December 31, 2019 was $ 9.4 million, which is included as a component of cash provided by operating activities in the consolidated statement of cash flows. Operating lease liabilities arising from obtaining new or modified lease right-of-use assets, which are treated as non-cash activities, were $18.0 million for the year ended December 31, 2019. As of December 31, 2019, maturities of lease liabilities are as follows: (In thousands) Years ending December 31: 2020 $ 2021 2022 2023 2024 2025 and thereafter Total future minimum lease payments (undiscounted) Less: present value discount (14,706) Present value of lease liability $ The future minimum lease payments required under operating leases as of December 31, 2018 are as follows : (In thousands) Years ending December 31: 2019 $ 2020 2021 2022 2023 2024 and thereafter Total $ Rent expense, inclusive of real estate taxes, utilities, and maintenance incurred under operating leases totaled $15.4 million and $12.6 million for the years ended December 31, 2018 and 2017, respectively, and is included in selling, general, and administrative expenses in the consolidated statements of operations and comprehensive (loss) income.

Equipment and Improvements

Equipment and Improvements	12 Months Ended
Equipment and Improvements	Dec. 31, 2019
Equipment and Improvements
Equipment and Improvements	(8) Equipment and improvements consisted of the following: Estimated Useful Lives in December 31, December 31, Years 2019 2018 (In thousands) Card processing 3-5 $ 137,190 $ 128,244 Office equipment 3-5 42,561 41,771 Computer software 3 42,621 44,373 Leasehold improvements various 17,870 16,234 Furniture and fixtures 5-7 6,019 5,673 Totals 246,261 236,295 Less accumulated depreciation (155,323) (136,947) Foreign currency translation adjustment 3,526 3,698 Totals $ 94,464 $ 103,046 Depreciation expense related to equipment and improvements was $42.6 million, $38.5 million, and $29.1 million for the years ended December 31, 2019, 2018, and 2017, respectively. In the year ended December 31, 2019, equipment and improvements, gross, and accumulated depreciation were each reduced by $27.8 million and $24.8 million, respectively, and in the year ended December 31, 2018 by $9.8 million and $8.5 million, respectively, primarily related to asset retirements. The Company infrequently sells or disposes of assets that are not fully depreciated, and this activity represents an insignificant portion of the total reduction.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Dec. 31, 2019
Goodwill and Intangible Assets
Goodwill and Intangible Assets	(9) Intangible assets, net consist of the following: December 31, December 31, 2019 2018 (In thousands) Intangible assets with finite lives: Merchant contract portfolios and customer relationships: Gross carrying value $ 296,033 $ 293,069 Accumulated amortization (163,358) (139,159) Accumulated impairment losses (7,089) (5,658) Foreign currency translation adjustment (26,347) (27,975) Net 99,239 120,277 Marketing alliance agreements: Gross carrying value 191,879 191,879 Accumulated amortization (59,545) (47,777) Accumulated impairment losses (11,920) (7,585) Foreign currency translation adjustment (17,468) (18,634) Net 102,946 117,883 Trademarks, finite-lived: Gross carrying value 29,493 28,657 Accumulated amortization (13,129) (10,748) Accumulated impairment losses (2,631) — Foreign currency translation adjustment (4,600) (4,446) Net 9,133 13,463 Internally developed and acquired software: Gross carrying value 84,060 60,876 Accumulated amortization (26,042) (15,794) Accumulated impairment losses (10,190) (9,324) Foreign currency translation adjustment (2,110) (2,260) Net 45,718 33,498 Non-competition agreements: Gross carrying value 6,462 6,462 Accumulated amortization (5,938) (5,316) Net 524 1,146 Total finite-lived, net 257,560 286,267 Trademarks, indefinite-lived: Gross carrying value 18,499 18,499 Accumulated impairment losses (18,499) (14,627) Net — 3,872 Total intangible assets, net $ 257,560 $ 290,139 Amortization expense related to intangible assets was $49.4 million, $48.7 million, and $45.0 million for the years ended December 31, 2019, 2018, and 2017, respectively. Refer to Note 1, “Description of Business and Summary of Significant Accounting Policies”, for further information on the impairment losses. Estimated amortization expense to be recognized during each of the five years subsequent to December 31, 2019: (In thousands) Years ending: 2020 $ 48,280 2021 41,337 2022 34,431 2023 27,259 2024 17,884 2025 and thereafter 88,369 Total $ 257,560 The following represents net intangible assets by segment: December 31, December 31, 2019 2018 (In thousands) Intangible assets, net: Americas Merchant contract portfolios and customer relationships $ 74,791 $ 88,141 Marketing alliance agreements 72,272 76,590 Trademarks, finite-lived 2,994 2,585 Internally developed and acquired software 28,697 20,167 Non-competition agreements 489 1,089 Trademarks, indefinite-lived — 3,872 Total 179,243 192,444 Europe Merchant contract portfolios and customer relationships 24,448 32,136 Marketing alliance agreements 30,674 41,293 Trademarks, finite-lived 6,139 10,878 Internally developed and acquired software 17,021 13,331 Non-competition agreements 35 57 Total 78,317 97,695 Total intangible assets, net $ 257,560 $ 290,139 Goodwill activity for the years ended December 31, 2019, 2018, and 2017, in total and by reportable segment, was as follows: Reportable Segment Americas Europe Total (In thousands) Goodwill, gross, as of December 31, 2017 $ 196,126 $ 139,843 $ 335,969 Accumulated impairment losses — (24,291) (24,291) Goodwill, net, as of December 31, 2017 196,126 115,552 311,678 Business combinations 44,664 3,636 48,300 Foreign currency translation adjustment 47 (7,014) (6,967) Goodwill, net as of December 31, 2018 240,837 112,174 353,011 Goodwill, gross, as of December 31, 2018 $ 240,837 $ 136,465 $ 377,302 Accumulated impairment losses — (24,291) (24,291) Goodwill, net, as of December 31, 2018 240,837 112,174 353,011 Business combinations 25,030 40 25,070 Foreign currency translation adjustment 2,182 (1,425) 757 Goodwill, net as of December 31, 2019 $ 268,049 $ 110,789 $ 378,838

Other Assets

Other Assets	12 Months Ended
Other Assets	Dec. 31, 2019
Other Assets
Other Assets	(10) Other Assets Membership Interest in Visa Europe Limited The Company was a member of Visa Europe Limited (“Visa Europe”) through certain of the Company’s subsidiaries in Europe. On June 21, 2016, Visa Inc. (“Visa”) acquired all of the membership interests in Visa Europe. In connection with the acquisition, the Company received approximately €64.0 million ($72.4 million based on the foreign exchange rate at the time of the acquisition) in proceeds from the sale of its membership interest in Visa Europe. Substantially all of the proceeds were recorded as a gain as the carrying value of the Company’s interest was nominal. The consideration included cash of €47.0 million ($53.2 million based on the foreign exchange rate at the time of the acquisition), Visa Series C preferred stock which is convertible into Visa Class A common stock of €12.9 million ($14.7 million based on the foreign exchange rate at the time of the acquisition) and deferred cash consideration of €4.1 million ($4.6 million based on the foreign exchange rate at the time of the acquisition). The Visa Series C preferred stock was recorded at the fair value as of the date of the acquisition and is included in other assets in the consolidated balance sheets. The estimated fair value of the Visa Series C preferred stock of $3 7.8 million and $25.0 million as of December 31, 2019 and 2018, 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 December 31, 2019 and 2018 and the conversion factor of Visa Series C preferred stock to Visa Class A common stock as of December 31, 2019 and 2018, inclusive of a discount rate due to the lack of liquidity, which represents a measure of fair value that is unobservable or requires management’s judgment. The Visa Series C preferred stock is convertible into Visa Class A common stock at periodic intervals over the 12 year period following the acquisition date at Visa’s discretion. Additionally, the conversion factor of the Visa Series C preferred stock could be adjusted down based on the outcome of potential litigation in Europe such that the number of Visa Class A common stock ultimately received could be as low as zero. The Visa Series C preferred stock is accounted for prospectively under the cost method. The deferred cash consideration was recorded at fair value as of the date of the acquisition and was included in other assets in the consolidated balance sheet as of December 31, 2018. The discount rate used to determine the fair value of the deferred cash consideration was 2.2%, which was based upon the risk-adjusted borrowing rate of Visa for long-term instruments of a similar tenor. The Company collected the deferred cash consideration during the year ended December 31, 2019.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
Accounts Payable and Accrued Expenses	Dec. 31, 2019
Accounts Payable and Accrued Expenses
Accounts Payable and Accrued Expenses	(11) Accounts Payable and Accrued Expenses The Company’s accounts payable and accrued expenses consisted of the following: December 31, December 31, 2019 2018 (In thousands) Compensation and related benefits $ 18,460 $ 22,280 Third-party processing and payment network fees 36,409 37,702 Trade payables 11,571 44,581 Taxes payable 18,556 16,292 Commissions payable to third parties and agents 15,030 13,141 Unearned revenue 4,309 4,579 Other 19,328 22,641 Total accounts payable and accrued expenses $ 123,663 $ 161,216

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2019
Related Party Transactions
Related Party Transactions	(12) Related Party Transactions Related party balances consist of the following: December 31, December 31, 2019 2018 (In thousands) Receivables from sale of POS devices and peripherals $ — $ 303 Receivables from related companies 1,125 1,568 Due from related parties, current $ 1,125 $ 1,871 Notes receivable, long-term — 915 Due from related parties, long-term $ — $ 915 Liabilities to related companies 7,325 4,824 Due to related parties, current $ 7,325 $ 4,824 ISO commission reserve 385 385 Due to related parties, long-term $ 385 $ 385 Receivables from related companies include amounts receivable from the Company’s founder and chairman, or entities controlled by the Company’s founder and chairman of $0.7 million as of December 31, 2018, and there were no receivables from the Company’s founder and chairman, or entities controlled by the Company’s founder and chairman, as of December 31, 2019. Receivables from non-controlling interest holders of consolidated subsidiaries and other related companies amounted to $1.1 million and $0.8 million as of December 31, 2019 and 2018, respectively. In connection with the vesting of certain RSAs, the Company issued loans to certain employees for the purposes of paying withholding taxes. As of December 31, 2018, the amount of notes receivable from related parties related to these loans was $0.9 million. There were no notes receivable from related parties as of December 31, 2019. Liabilities to related companies include $5.5 million and $3.0 million as of December 31, 2019 and 2018, respectively, primarily due to non-controlling interest holders of consolidated subsidiaries. Related party commissions payable to unconsolidated investees of the Company amounted to $1.8 million and $1.7 million as of December 31, 2019 and 2018, respectively. 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 chairman. As of December 31, 2019, the liability related to this lease amounted to $4.1 million and is included in the operating lease liabilities on the consolidated balance sheet. The Company subleases a portion of this office space to an unconsolidated investee. Sublease income was $0.1 million for each of the years ended December 31, 2019 and 2018. The Company leases vehicles from the non-controlling interest holders of consolidated subsidiaries. As of December 31, 2019, these lease liabilities amounted to $0.3 million and are included in the operating lease liabilities on the consolidated balance sheet. 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 $20.0 million, $32.2 million, and $ 38.6 million for the years ended December 31, 2019, 2018, and 2017, respectively. The sale of equipment and services to these unconsolidated investees amounted to $0.4 million, $0.4 million, and $0.5 million for the years ended December 31, 2019, 2018, and 2017, respectively. Madison Dearborn Partners, LLC (“MDP”), a member of EVO, LLC and shareholder of EVO, Inc., provides the Company with consulting services related to business development, financing matters, and potential acquisition activities on an as needed basis. In addition, the Company reimburses MDP for certain out of pocket expenses. The Company made payments to MDP of less than $0.1 million, less than $0.1 million, and $5.7 million for the years ended December 31, 2019, 2018, and 2017, for consulting services and expense reimbursement. The Company provides certain professional and other services to Blueapple Inc. (“Blueapple”), a member of EVO, LLC and owner of all outstanding shares of Class B common stock of EVO, Inc. Blueapple is controlled by entities affiliated with the Company’s founder and chairman, Rafik R. Sidhom. The expense related to these services was $0.2 million for each of the years ended December 31, 2019, 2018, and 2017. During 2018, the Company paid Blueapple $2.4 million in satisfaction of the obligation to pay any further commissions associated with processing revenue to Blueapple and all such future revenue will be retained by the Company. Prior to the Company’s acquisition of the remaining 67% membership interests of Federated US and 100% of the outstanding shares of Federated Canada in September 2018, the Company’s chairman owned one-third of the shares of Federated Canada, and an entity wholly owned by relatives of the Company’s chairman owned one-third of the membership interests of Federated US. As a result of the ownership interests, the Company’s founder and chairman and relatives received $15.5 million of the September 2018 Federated acquisition purchase price. In addition, prior to the acquisition, the Company provided card-based processing services and risk assessment services to Federated US in the ordinary course of business for a nominal fee. For the years ended December 31, 2018 and 2017, the Company received $0.4 million and $0.5 million, respectively, in revenues in connection with providing services to Federated US. In addition, prior to the acquisition, Federated Canada provided certain marketing services to the Company’s business in Canada. For the years ended December 31, 2018 and 2017, the Company paid $5.8 million and $8.6 million, respectively, in fees to Federated Canada for these services. 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 the years ended December 31, 2019, 2018, and 2017, the Company paid commissions of $0.5 million, $0.6 million, and $0. 2 million, respectively, related to this activity. 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 the years ended December 31, 2019, 2018 and 2017, the Company paid $0.3 million, $0.3 million, and $0.4 million, respectively, in commissions and other expenses to NFP.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2019
Income Taxes
Income Taxes	(13) Domestic and foreign (loss) income before income taxes is as follows for the years ended December 31: 2019 2018 2017 (In thousands) Domestic $ (66,850) $ (122,699) $ (76,255) Foreign 48,032 34,293 60,495 Loss before income taxes $ (18,818) $ (88,406) $ (15,760) Income tax expense (benefit) is comprised of the following for the years ended December 31: 2019 2018 2017 (In thousands) Current: Foreign $ 14,515 $ 12,735 $ 4,711 Federal 338 146 306 State 61 (43) 57 Total current income tax expense 14,914 12,838 5,074 Deferred: Foreign (9,262) 4,217 11,294 Federal (973) (5,821) 220 State (131) (790) — Total deferred income tax expense (benefit) (10,366) (2,394) 11,514 Totals $ 4,548 $ 10,444 $ 16,588 The Company’s effective tax rate, as applied to loss before income taxes, differ from federal statutory rates as follows for the years ended December 31: 2019 2018 (1) 2017 (1) Federal statutory rate 21.0 % 21.0 % — % State taxes, net of federal benefit (10.9) 1.0 (0.4) Foreign tax rate differential (0.9) — — Increase in U.S. valuation allowance (13.6) — — Non-controlling interest (11.5) (14.1) — Other miscellaneous permanent differences 9.9 (0.3) — Remeasurement of deferred tax assets 11.4 — — Undistributed earnings of foreign subsidiaries 43.6 (2.6) (17.9) U.S. federal tax related to foreign effectively connected income (1.2) (0.2) (3.1) Mexico income tax provision (47.7) (6.3) (29.6) Poland income tax provision (21.8) (5.9) (29.2) Spain income tax provision (0.1) (3.9) (23.2) Other foreign tax provisions (2.4) (0.5) (1.8) Effective tax rate (24.2) % (11.8) % (105.2) % (1) Certain balances from the comparative prior period have been reclassified to conform to the current year presentation . The primary components of deferred tax items were as follows as of December 31: 2019 2018 (2) (In thousands) Deferred tax assets: U.S. net operating losses (1) $ 8,897 $ 4,499 U.S. interest limitation (1) 2,558 1,591 Partnership basis adjustment (1) 170,274 54,599 Other partnership basis items (1) 18,651 8,253 Foreign net operating losses 4,417 20,850 Foreign intangibles 663 2,627 Foreign accrued expenses and other temporary differences 7,302 4,330 212,762 96,749 Valuation allowance (8,152) (21,379) Deferred tax asset 204,610 75,370 Deferred tax liabilities: Acquisition related intangibles (6,463) (3,811) Accrued tax on unremitted earnings — (8,399) Foreign equipment and improvements (5,132) (4,383) Deferred tax liability (11,595) (16,593) Net $ 193,015 $ 58,777 (1) U.S. jurisdiction deferred tax assets (2) Certain balances from the comparative prior period have been reclassified to conform to the current year presentation. The following table includes the valuation allowance associated with the deferred tax assets including additions recognized as expense in the consolidated statements of operations and comprehensive (loss) income for the years ended December 31, 2019, 2018, and 2017. Valuation Allowance (In thousands) Beginning balance, January 1, 2017 $ 11,534 2017 Additions, net 4,400 December 31, 2017 15,934 2018 Additions, net 5,445 December 31, 2018 21,379 2019 Addition for U.S. interest limitation 2,558 2019 Additions to other deferred tax assets in foreign jurisdictions 1,477 Reduction resulting from reassessments of available foreign net operating loss carryover (17,262) December 31, 2019 $ 8,152 The following table includes the total net operating losses carryforwards by country and years which they are available to offset future taxable income as of December 31, 2019: Net Operating Available Losses Years (In thousands) United States $ 39,379 Indefinite Ireland 13,026 Indefinite Gibraltar 8,621 Indefinite Czech Republic 4,245 2020-2024 Germany 3,414 Indefinite

Long-Term Debt and Lines of Cre

Long-Term Debt and Lines of Credit	12 Months Ended
Long-Term Debt and Lines of Credit	Dec. 31, 2019
Long-Term Debt and Lines of Credit
Long-Term Debt and Lines of Credit	(14) Credit Facility On December 22, 2016, EVO Payments International, LLC (“EPI”), a subsidiary of EVO, Inc., entered into a credit agreement (“Senior Secured Credit Facilities”). The Senior Secured Credit Facilities consisted of a first lien Senior Secured Credit Facility totaling $670.0 million (comprised of a $100.0 million revolver (“First Lien Revolver”) and a $570.0 million term loan (“First Lien Term Loan”)) and a second lien Senior Secured Credit Facility comprised of a $175.0 million term loan (“Second Lien Term Loan”). On October 24, 2017, the Company entered into an incremental amendment agreement to upsize the existing First Lien Revolver from $100.0 million to $135.0 million. On April 3, 2018, the Company entered into a second incremental amendment agreement to the first lien Senior Secured Credit Facility , which increased the existing term loan by $95.0 million to $665.0 million. As a result of this second incremental amendment agreement, $0.9 million in existing deferred financing was recognized as debt extinguishment loss related to the significant modification of a certain lender’s commitment within the syndicate and is included within other expense in the consolidated statements of operations and comprehensive (loss) income for the year ended December 31, 2018. On May 25, 2018, the Company paid in full the Second Lien Term Loan in the amount of $178.2 million, including $1.5 million of accrued interest and $1.8 million of prepayment penalty. On June 14, 2018, the Company entered into a restatement agreement (the “Restatement Agreement”) whereby the syndicate lenders agreed to replace their existing term loans with replacement term loans. In addition, the Restatement Agreement increased the First Lien Revolver by $65.0 million to $200.0 million and extended the maturity date of the First Lien Revolver to June 14, 2023. As a result of the Restatement Agreement, $1.2 million in existing deferred financing costs were recognized as debt extinguishment loss related to the significant modification of a certain lender’s commitment within the syndicate and is included within other expense in the consolidated statements of operations and comprehensive (loss) income as of December 31, 2018. EVO, LLC utilized the net proceeds from the September 2018 Secondary Offering to pay down the First Lien Revolver and to pay the installment payment on the First Lien Term Loan which was paid on September 27, 2018. The Senior Secured Credit Facilities provide the Company with the capacity to support both domestic and international growth, as well as fund general operating needs. The loans under the Senior Secured Credit Facilities bear interest, at the Company’s election, at the prime rate or London Interbank Offered Rate (LIBOR), plus leverage based margin. Under the Restatement Agreement, the lenders agreed to reduce the applicable leverage based margins. As of December 31, 2019, the loans under the Senior Secured Credit Facilities had an interest rate of 6.50% f or First Lien Prime Rate Revolver, 4.56% for First Lien LIBOR Revolver, and 5.06% for First Lien Term Loan. The Senior Secured Credit Facilities requires quarterly principal payments of the First Lien Term Loan of $1.6 million commencing on June 30, 2018 through September 30, 2023. The First Lien Revolver and First Lien Term Loan mature on June 14, 2023 and December 22, 2023, respectively. All amounts outstanding under the Senior Secured Credit Facilities are secured by a pledge of certain assets of EPI, as well as secured guarantees provided by certain of EPI’s controlled subsidiaries. The Senior Secured Credit Facilities also contain a number of significant negative covenants. These covenants, among other things, restrict, subject to certain exceptions, EPI’s and its controlled subsidiaries ability to: incur indebtedness; create liens; engage in mergers or consolidations; make investments, loans and advances; pay dividends or other distributions and repurchase capital stock; sell assets; engage in certain transactions with affiliates; enter into sale and leaseback transactions; make certain accounting changes; and make prepayments on junior indebtedness. The first lien Senior Secured Credit Facility also contains a springing financial covenant that requires EPI to remain under a maximum consolidated leverage ratio determined on a quarterly basis. As a result of these restrictions, substantially all of the net assets of EPI at December 31, 2019 were restricted from distribution to EVO, LLC or any of its members. The Company currently intends to retain all available funds and any future earnings for use in the operation of its business. In addition, the Senior Secured Credit Facilities contain certain customary representations and warranties, affirmative covenants, and events of default. If an event of default occurs, the lenders under the Senior Secured 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 December 31, 2019 and 2018, the Company was in compliance with all its financial covenants. In conjunction with the acquisition of Sterling, a subsidiary of the Company agreed to a deferred purchase price of $70.0 million which accrued interest at a rate of 5% per annum and was payable in quarterly installments of $5.0 million, plus accrued and unpaid interest. In May 2018, the Company paid in full the outstanding balance of $57.4 million of the Sterling deferred purchase price, utilizing proceeds from the IPO and funds drawn from the revolving credit facility of $ 4.8 million. Long-term debt, including accrued interest, consists of the following: December 31, December 31, 2019 2018 (In thousands) First lien term loan $ 650,891 $ 654,775 First lien revolver 60,987 42,266 Less debt issuance costs (9,965) (12,985) Total long-term debt 701,913 684,056 Less current portion of long-term debt, including accrued interest of $4.1 million and $0.6 million as of December 31, 2019 and 2018, respectively (8,744) (7,191) Total long-term debt, net of current portion $ 693,169 $ 676,865 Principal payment requirements on the above obligations in each of the years remaining subsequent to December 31, 2019 are as follows: (In thousands) Years ending December 31: 2020 $ 6,593 2021 6,593 2022 6,593 2023 687,983 2024 and thereafter — Total $ 707,762 Settlement Lines of Credit The Company maintains intraday and overnight facilities to fund its settlement obligations. These facilities are short-term in nature. The weighted-average interest rates on these borrowings were 4.3% and 4.5% as of December 31, 2019 and 2018, respectively. The carrying amounts of these facilities are presented net of unamortized debt issuance costs, as applicable. During the year ended December 31, 2019 and 2018, the Company’s settlement lines of credit consisted of the following: On August 31, 2015, a subsidiary of the Company entered into an overdraft facility with Bank BGZ BNP Paribas S.A., as the lender, and Centrum Elektronicznych Uslug Platniczych eService Sp. z o. o. (“eService”), as the guarantor. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to PLN 20.0 million. The loans drawn under the facility bear interest at the Warsaw Interbank Offered Rate (“WIBOR”) plus 0.7% (total drawdowns below PLN 10 million) and at WIBOR plus 1.25% (total drawdowns above PLN 10 million). As of December 31, 2018, the loan drawn under the facility was $2.9 million and the interest rate was 2.34%. The loans drawn under the facility originally had a maturity date of February 15, 2019. On February 15, 2019, the Company extended the line of credit facility until July 31, 2019 and on August 1, 2019 until October 31, 2019. The facility was terminated on October 31, 2019. On August 31, 2015, a subsidiary of the Company entered into a line of credit facility with Banco Nacional de Mexico, S.A., as the lender, and EVO Payments Mexico, S. de RP.L. de C.V., as the beneficiary; there is no guarantor for this overnight line. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to USD 10.0 million. The loans drawn under the facility bear interest at the Interbank Equilibrium Interest Rate (“TIIE”), 7.53%. The loans drawn under the facility mature on December 19, 2020. As of December 31, 2019 and 2018, there were no loans drawn under this facility. On February 26, 2016, a subsidiary of the Company entered into a line of credit facility with Raiffeisen Bank Polska S.A., as the lender, and eService, as the guarantor. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to CZK 400.0 million. The loans drawn under the facility originally had a maturity date of January 31, 2019 and bore interest at the Prague Interbank Offered Rate (“PRIBOR”) plus 0.8% for CZK, Euro Overnight Index Average (“EONIA”) plus 0.8% for EUR and LIBOR plus 0.8% for GBP and USD. At December 31, 2018, all balances were denominated in CZK resulting in an interest rate of 2.55%, and the loan amounts drawn under the facility were $14.9 million. On January 31, 2019, the Company extended the facility until January 31, 2020 and amended the margin rate to 1.0% and the maximum amount that can be drawn was increased to CZK 420.0 million. On January 30, 2020, the Company amended the facility to include the automatic annual renewals. At December 31, 2019, all balances were denominated in CZK resulting in an interest rate of 3.00% and the loan amount drawn under the facility was $11.9 million. On June 10, 2016, a subsidiary of the Company entered into an overdraft facility with PKO Bank Polski, as the lender, and eService, as the guarantor. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to CZK 23 9.1 million. The loans drawn under the facility bear interest at the PRIBOR plus 1.25%. The loans drawn under the facility have a maturity date of June 8, 2019. On June 8, 2019, the Company extended the facility until June 8, 2020, and the maximum amount that can be drawn was increased to CZK 300.6 million. At December 31, 2019 and 2018, the interest rates were 3.35% and 3. 14%, respectively . As of December 31, 2019 and 2018, the loan amounts drawn under the facility were $6.9 million and $6.1 million, respectively. On December 1, 2017, a subsidiary of the Company entered into a revolving line of credit facility with Deutsche Bank A.G., as the lender, and EVO, LLC, as the guarantor. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to the lesser of $35.0 million or 95% of the aggregate dollar amount of eligible settlement receivables due. The loans drawn under the facility bear interest at the prime rate plus 1.5%. At December 31, 2019 and 2018, the interest rates were 6.25% and 7.00%, respectively. The loans drawn under the facility do not have a maturity date. As of December 31, 2019 and 2018, the loan amounts drawn under the facility were $2.6 million and $17.8 million, respectively. On December 19, 2017, a subsidiary of the Company entered into a revolving line of credit facility with Wells Fargo Bank N.A., as the lender, and EVO, LLC, as the guarantor. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to the lesser of $20.0 million or 90% of the aggregate dollar amount of eligible settlement receivables due. The loans drawn under the facility automatically renew on an annual basis. On May 29, 2018, the Company entered into an incremental amendment agreement to the facility, pursuant to which the maximum amount that can be drawn was increased to $15.0 million. On June 25, 2019, the Company entered into a second amendment agreement to the facility, pursuant to which the maximum amount that can be drawn was increased to $20.0 million. The loans drawn under the facility bear interest at the prime rate plus 1.0%. At December 31, 2019 and 2018, the interest rates were 5.75% and 6.50% , respectively . As of December 31, 2019, the loan amount drawn under the facility was $11.4 million. As of December 31, 2018, there were no loans drawn under this facility. On September 6, 2018, a subsidiary of the Company entered into an overdraft facility with PKO Bank Polski, as the lender, and eService and EPI, as the guarantors. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to CZK 100.0 million. The loans drawn under the facility bear interest at PRIBOR plus 1.5%. As of December 31, 2019 and 2018, the interest rate was 3.60% and 3.38%, respectively. The loans drawn under the facility have a maturity date of September 9, 2020. As of December 31, 2019 and 2018, the loan amounts drawn under the facility were $0.3 million and $0.1 million, respectively. On November 12, 2018, a subsidiary of the Company entered into a revolving line of credit facility with Banco Santander, S.A., as the lender, and UniversalPay Entidad De Pago SL, as the guarantor. The facility provides the Company with access to settlement-related funding. Under the facility, the Company can draw up to €10.0 million, with certain restrictions related to the timing of such funding. The loans drawn under the facility bear a fixed interest rate of 3.00%. As of December 31, 2018, there were no loans drawn under this facility. The line was increased to €35.0 million on May 12, 2019. The facility expired on September 30, 2019.

Supplemental Cash Flows Informa

Supplemental Cash Flows Information	12 Months Ended
Supplemental Cash Flows Information	Dec. 31, 2019
Supplemental Cash Flows Information
Supplemental Cash Flows Information	(15) Supplemental Cash Flows Information Supplemental cash flow disclosures and noncash investing and financing activities are as follows for the years ended December 31: 2019 2018 2017 (In thousands) Supplemental disclosure of cash flow data: Interest paid $ 38,531 $ 48,305 $ 53,723 Income taxes paid 10,860 7,025 12,305 Supplemental disclosure of non-cash investing and financing activities: Contingent consideration and acquisition holdback payable 1,337 7,485 3,564 Contingent consideration settled with the issuance of Class A common stock — 771 — Deferred purchase price — — 71,200 Exchanges of Class C and Class D common stock for Class A common stock 37,533 — —

Redeemable Non-controlling Inte

Redeemable Non-controlling Interests	12 Months Ended
Redeemable Non-controlling Interests	Dec. 31, 2019
Redeemable Non-controlling Interests
Redeemable Non-controlling Interests	(16) 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 has the option to compel the Company to purchase 14% of the shares of eService held by PKO Bank Polski, at a price per share based on the fair value. Commencing on January 1, 2020, PKO Bank Polski may exercise an option to sell all of its remaining shares of eService to the Company. 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 as temporary within the mezzanine equity section of the consolidated balance sheets. At each balance sheet date, the RNCI is reported at its redemption value, which represents estimated fair value, with a corresponding adjustment to accumulated deficit. As of December 31, 2019, EVO, Inc. owns 50.2% of EVO, LLC. The EVO, LLC operating agreement includes a provision whereby Blueapple may deliver a sale notice to EVO, Inc., upon receipt of which EVO, Inc. will use 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 LLC Interests from Blueapple. Upon receipt of such a sale notice, the Company may elect, at the Company’s option (determined solely by its independent directors (within the meaning of the rules of the NASDAQ stock market (“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 based on the fair value of the Company’s Class A common shares on such date. Because this option is not solely within the Company’s control, the Company has classified this interest as RNCI and reports the redemption value as temporary within the mezzanine equity section of the consolidated balance sheets and will be reported at redemption value, which represents fair value, with a corresponding adjustment to accumulated deficit. The following table details the components of RNCI for the years ended December 31, 2019 and 2018: Post-IPO Pre-IPO December 31, 2019 December 31 May 23, Blueapple eService Total 2018 2018 (In thousands) Beginning balance $ 885,986 $ 124,107 $ 1,010,093 $ 689,569 $ 148,266 Net income attributable to RNCI - eService — 7,855 7,855 4,914 1,291 Net loss attributable to RNCI - Blueapple (14,567) — (14,567) (39,129) — Loss on OCI - eService — (470) (470) (2,368) (2,104) Gain (loss) on OCI - Blueapple 242 — 242 (3,935) — Loss on defined benefit plan revaluation - Blueapple (1) — (1) (192) — Legacy accumulated deficit allocation — — — — (150,485) Legacy AOCI allocation — — — — (39,404) Purchase of Blueapple Class B common stock in connection with secondary offerings (48,447) — (48,447) — — Decrease in maximum redemption amount in connection with purchase of Blueapple Class B common stock (2,843) — (2,843) — — Increase (decrease) in the maximum redemption amount of RNCI: eService — 28,173 28,173 (19,741) — Blueapple 93,845 — 93,845 374,616 735,775 Allocation of eService fair value RNCI adjustment to Blueapple (11,957) — (11,957) 8,739 — Distributions - eService — (9,475) (9,475) (2,380) (3,770) Ending balance $ 902,258 $ 150,190 $ 1,052,448 $ 1,010,093 $ 689,569

Fair Value

Fair Value	12 Months Ended
Fair Value	Dec. 31, 2019
Fair Value
Fair Value	(17) The table below presents information about items, which are carried at fair value on a recurring basis: December 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total Cash equivalents $ 7,715 $ — $ — $ 7,715 Contingent consideration — — (2,300) (2,300) Blueapple RNCI (902,258) — — (902,258) eService RNCI — — (150,190) (150,190) Total $ (894,543) $ — $ (152,490) $ (1,047,033) December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total Cash equivalents $ 106,164 $ — $ — $ 106,164 Contingent consideration — — (8,189) (8,189) Blueapple RNCI (885,986) — — (885,986) eService RNCI — — (124,107) (124,107) Total $ (779,822) $ — $ (132,296) $ (912,118) 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. To the extent that the valuation of these liabilities are based on inputs that are less observable or not observable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for measures categorized in Level 3. The fair value of eService’s RNCI is determined utilizing an income approach, weighted at 75%, based on the forecasts of expected future cash flows, and the market approach, weighted at 25%, based on the guideline public company data. In applying the income approach, significant unobservable inputs included the Weighted-Average Cost of Capital (“WACC”) used to discount the future cash flows, which was 14.0%, based on the markets in which the business operates and growth rates used within the future cash flows, which were between 3.0% and 10.0%, 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. The 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 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 total long-term debt, which approximates its carrying value, is based on quoted bid-ask spreads within the lender syndicate (Level 2).

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2019
Commitments and Contingencies.
Commitments and Contingencies	(18) Litigation The Company is 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	12 Months Ended
Segment Information	Dec. 31, 2019
Segment Information
Segment Information	(19) Information on segments and reconciliations to revenue and net loss 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. Year Ended December 31, 2019 2018 2017 (In thousands) Segment revenue: Americas $ 303,840 $ 320,481 $ 299,034 Europe 181,938 244,273 205,716 Revenue $ 485,778 $ 564,754 $ 504,750 Segment profit: Americas $ 96,587 $ 85,377 $ 82,759 Europe 55,319 61,195 54,842 Total segment profit 151,906 146,572 137,601 Corporate (34,482) (41,431) (25,732) Depreciation and amortization (92,059) (87,184) (74,136) Net interest expense (41,139) (57,540) (61,387) Provision for income tax expense (4,548) (10,444) (16,588) Share-based compensation expense (10,921) (55,519) — Net loss attributable to EVO Investco, LLC $ (40,242) Net loss attributable to non-controlling interests of EVO Investco, LLC (21,138) (90,834) Net loss attributable to EVO Payments, Inc. $ (10,105) $ (14,712) Capital expenditures: Americas $ 19,973 $ 18,901 $ 13,893 Europe 16,835 29,850 28,128 Consolidated total capital expenditures $ 36,808 $ 48,751 $ 42,021 Revenue from external customers is attributed to individual countries based on the location where the relationship is managed. For the year ended December 31, 2019, revenue from external customers in the United States, Mexico, and Poland, as a percentage of revenue, was 40.2%, 20.1%, and 17.8%, respectively. For the year ended December 31, 2018, revenue from external customers in the United States, Poland and Mexico, as a percentage of revenue, was 36.1%, 24.1%, and 20.1%, respectively. For the year ended December 31, 2017, revenue from external customers in the United States, Poland and Mexico, as a percentage of revenue, was 37.9%, 21.5%, and 20.4%, respectively. For the years ended December 31, 2019, 2018, and 2017, there is no one customer that represents more than 10% of total revenue.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Dec. 31, 2019
Shareholders' Equity
Shareholders' Equity	(20) EVO, Inc. is a holding company and its principal asset is the 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. The Company has four classes of common stock outstanding: 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). The voting and economic rights associated with our classes of common 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 B common stock Blueapple 15.9% No Class C common stock Executive Officers 3.5 votes per share, subject to aggregate cap No Class D common stock MDP and Current and Former Employees One vote per share No * Blueapple has a sale right under the EVO LLC Agreement 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 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 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. 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	12 Months Ended
	Dec. 31, 2019
Stock Compensation Plans and Share-Based Compensation Awards
Stock Compensation Plans and Share-Based Compensation Awards	(21) The Company provides share-based compensation awards to its employees under the 2018 Omnibus Equity Incentive Plan (the “2018 Plan”), which the Company adopted in conjunction with its IPO. The 2018 Plan became effective on May 22, 2018. As of the effective date of the 2018 Plan, a total of 7,792,162 shares of the Company’s Class A common stock were reserved for issuance. The 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 consolidated statements of operations and comprehensive (loss) income: Year Ended December 31, 2019 2018 2017 (In thousands) Share-based compensation expense $ 10,921 $ 55,519 N/A Income tax benefit $ (987) $ (3,347) N/A Class D awards The Company modified the Class D awards in connection with the IPO whereby all vesting conditions were waived, including performance and service vesting conditions. On the modification date, the Company recorded share-based compensation expense based on the modification date fair value of $16.00 per share. As a result, share-based compensation expense of $42.8 million was recognized for the year ended December 31, 2018, which represented the vesting of all 2,672,666 awarded shares. Prior to the consummation of the IPO, no liquidity event was probable and as such no share-based compensation expense had previously been recognized for these awards. On the modification date there were 15 employees or former employees who held Class D awards. Unit appreciation rights/Restricted stock awards The Company assumed EVO, LLC’s obligations under the EVO, LLC Unit Appreciation Rights Plan (“UAR Plan”) and converted all of the outstanding UARs held by members of management and current and former employees at the consummation of the IPO to restricted Class A common stock (“RSAs”). In connection with the Company’s assumption of EVO, LLC’s obligation under the UAR Plan and the issuance of the RSAs, on the IPO date, the Company recorded share-based compensation expense based on the modification date fair value of the RSAs of $16.00 per share. The Company recognized share-based compensation expense related to RSAs of $0.3 million and $9.2 million, respectively, for the years ended December 31, 2019 and 2018. Prior to the consummation of the IPO, no liquidity event was probable and, as such, no share-based compensation expense had been recognized for these awards. On the modification date, there were 35 members of management and current and former employees who held UARs. A summary of RSAs activity is as follows (in thousands, except per share data): Number of RSAs Weighted-average grant date fair value Balance at December 31, 2017 — $ — Granted 607 16.00 Vested (564) 16.00 Forfeited (1) 16.00 Balance at December 31, 2018 42 $ 16.00 Granted — — Vested (32) 16.00 Forfeited (2) 16.00 Balance at December 31, 2019 8 $ 16.00 As of December 31, 2019 and 2018, total unrecognized share-based compensation expense related to outstanding RSAs was less than $0.1 million and $0.3 million. The total fair value of shares vested during the years ended December 31, 2019 and 2018, was $0.5 million and $9.0 million, respectively. Restricted stock units The Company recognized share-based compensation expense for RSUs granted of $4.8 million and $1.4 million, respectively, for the years ended December 31, 2019 and 2018. 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, 2017 — $ — Granted 527 16.29 Vested — — Forfeited (21) 16.00 Balance at December 31, 2018 506 $ 16.30 Granted 550 26.28 Vested (140) 16.37 Forfeited (40) 22.01 Balance at December 31, 2019 876 $ 22.30 As of December 31, 2019 and 2018, total unrecognized share-based compensation expense related to outstanding RSUs was $15.6 million and $6.9 million. Each RSU vests in equal annual vesting installments over a period of four years from the grant date and will settle in Class A common stock. The weighted-average remaining vesting period over which expense will be recognized for unvested RSUs is 2.9 years as of December 31, 2019 and 3.3 years as of December 31, 2018. The total fair value of shares vested during the year ended December 31, 2019 was $2.3 million. No RSUs vested during the year ended December 31, 2018. Stock options The Company recognized share-based compensation expense for the stock options granted of $5.8 million and $2.1 million, for the years ended December 31, 2019 and 2018. A summary of 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, 2017 — $ — $ — Granted 2,179 7.06 16.93 Forfeited (93) 6.68 16.00 Exercised — — — $ — Balance at December 31, 2018 2,086 $ 6.77 $ 16.22 9.41 $ 17,631 Granted 1,485 9.46 26.27 Forfeited (140) 8.11 20.99 Exercised (62) 6.78 16.25 785 Balance at December 31, 2019 3,369 $ 7.90 $ 20.46 8.77 $ 20,312 Exercisable at December 31, 2019 448 $ 6.75 $ 16.17 8.40 $ 4,585 As of December 31, 2019 and 2018, total unrecognized share-based compensation expense related to unvested stock options was $19.1 million and $12.0 million. The weighted-average remaining vesting period over which expense will be recognized for unvested stock options is 2.8 years in 2019 and 3.4 years in 2018. Each stock option vests in equal annual installments over a period of four years from grant date, and stock options expire no later than 10 years from the date of grant. For the purpose of calculating share-based compensation expense, the fair value of the stock option grants was determined through the application of the Black-Scholes model with the following assumptions: Year Ended December 31, 2019 2018 Expected life (in years) Weighted-average risk-free interest rate Expected volatility Dividend yield Weighted-average fair value at grant date $ $ The risk-free interest rate is based on the yield of a zero coupon United States Treasury security with a maturity equal to the expected life of the stock option from the date of the grant. The assumption for expected volatility is based on the historical volatility of a peer group of market participants as the Company has limited historical volatility. It is the Company’s intent to retain all profits for the operations of the business for the foreseeable future, as such the dividend yield assumption is zero. The Company applied the simplified method in determining the expected life of the stock options as the Company has limited historical basis upon which to determine historical exercise periods. The Company based the assumptions of the expected term of the options as the vesting period plus half of the remaining life through expiration. All stock options exercised will be settled in Class A common stock.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2019
Employee Benefit Plans
Employee Benefit Plans	(22) The Company maintains retirement plans for employees in various countries where the Company maintains an office. Each plan is subject to allowable contributions and limitations based on local country laws and regulations covering retirement plans. In each location and plan, the Company, at its discretion, may contribute to the plan and, depending on location, the Company may match a percentage of the employee contributions. The Company’s contributions are vested over time, at different rates depending on location. The Company incurred a contribution expense of $ 1.8 million, $1.6 million, and $1.3 million for the years ended December 31, 2019, 2018 and 2017, respectively.

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
Selected Quarterly Financial Data (Unaudited)	Dec. 31, 2019
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)	(23) The following tables sets forth certain unaudited quarterly results of operations for 2019 and 2018 (in thousands, except per share data): Three Months Ended March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 Revenue (2) $ 111,518 $ 122,517 $ 122,363 $ 129,380 (Loss) income from operations (8,364) 8,596 7,758 8,337 Net (loss) income (19,019) 3,827 (5,004) (3,170) Net (loss) income attributable to EVO (5,290) 463 (1,844) (3,434) (Loss) earnings per share (1) Basic (0.20) 0.01 (0.05) (0.09) Diluted (0.20) 0.01 (0.05) (0.09) Three Months Ended March 31, 2018 June 30, 2018 September 30, 2018 December 31, 2018 Revenue (2) $ 128,282 $ 140,891 $ 144,758 $ 150,823 Income (loss) from operations 4,269 (45,973) 9,519 (5,600) Net loss (15,025) (40,667) (23,878) (19,280) Net income (loss) attributable to EVO 16,713 (27,389) (4,036) Earnings (loss) per share (1) Basic 0.97 (1.51) (0.16) Diluted 0.96 (1.51) (0.16) (1) The sum of the quarterly earnings per share amounts may not equal the full year amount reported since per share amounts are computed independently for each quarter and for the full year based upon the respective weighted-average common shares outstanding and other dilutive potential common shares for each respective period. (2) Revenue for the reporting period beginning in 2019 is presented under Accounting Standards Update (“ASC”) 2014-19, Revenue From Contracts With Customers (“ASC 606”), while prior period revenue continues to be reported in accordance with the Company’s historic accounting practices under previous guidance. Refer to Note 1, “Description of Business and Summary of Significant Accounting Policies”, section (l) Revenue Recognition, in the notes to the accompanying consolidated financial statements for further discussions of the adoption of ASC 606.

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Parent Company	12 Months Ended
	Dec. 31, 2019
Schedule I
Schedule I - Condensed Financial Information of Parent Company	SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT EVO PAYMENTS, INC. (Parent Company Only) Condensed Statement of Balance Sheet (In thousands) December 31, December 31, 2019 2018 Assets Due from related parties $ 1,518 $ — Other current assets 75 — Total current assets 1,593 — Deferred tax asset, net 197,822 68,941 Other 106 — Total assets $ 199,521 $ 68,941 Liabilities and Shareholders' Deficit Accrued expenses $ 1,817 $ — Total current liabilities 1,817 — Tax receivable agreement obligations, inclusive of related party liability of $141.1 million and $40.7 million at December 31, 2019 and 2018, respectively. 150,274 47,221 Net deficit in investment in a subsidiary 636,623 70,328 Other long-term liabilities 106 — Total liabilities 788,820 117,549 Shareholders' deficit: Class A common stock (par value, $0.0001 per share), Authorized - 200,000,000 shares, Issued and Outstanding - 41,233,954 and 26,025,189 shares at December 31, 2019 and 2018, respectively. 4 3 Class B common stock (par value, $0.0001 per share), Authorized - 40,000,000 shares, Issued and Outstanding - 34,163,538 and 35,913,538 shares at December 31, 2019 and 2018, respectively. 3 4 Class C common stock (par value, $0.0001 per share), Authorized - 4,000,000 shares, Issued and Outstanding - 2,321,955 and 2,461,055 shares at December 31, 2019 and 2018, respectively. — — Class D common stock (par value, $0.0001 per share), Authorized - 32,000,000 shares, Issued and Outstanding - 4,354,978 and 16,785,552 shares at December 31, 2019 and 2018, respectively. — 1 Additional paid-in capital — 178,176 Accumulated deficit (587,358) (223,799) Accumulated other comprehensive loss (1,948) (2,993) Total deficit (589,299) (48,608) Total liabilities and deficit $ 199,521 $ 68,941 See accompanying notes to condensed financial statements . SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT EVO PAYMENTS, INC. (Parent Company Only) Condensed Statement of Operations and Comprehensive Income (Loss) (In thousands) Year Ended December 31, 2019 2018 2017 Net revenue $ — $ — $ — Operating expenses: Cost of services and products — — 2 Selling, general and administrative 6,903 8,107 1,308 Total operating expenses 6,903 8,107 1,310 Loss from operations (6,903) (8,107) (1,310) Other (expense) income: Interest expense — — (211) Loss from investment in unconsolidated investee (12,180) (45,060) (38,635) Other income (expense) 8,362 7,095 (36) Total other expense (3,818) (37,965) (38,882) Loss before income taxes (10,721) (46,072) (40,192) Income tax benefit (expense) 616 6,709 (50) Net loss (39,363) $ (40,242) Net loss attributable to EVO Payments, Inc. $ (10,105) $ (14,712) Comprehensive (loss) income: Net loss $ (10,105) $ (39,363) $ (40,242) Unrealized (loss) gain on defined benefit pension plan, net of tax (1) (2) (59) 530 Unrealized gain (loss) on foreign currency translation adjustment, net of tax (2) 810 (8,599) 59,255 Other comprehensive income (loss) 808 (8,658) 59,785 Comprehensive (loss) income (9,297) (48,021) $ 19,543 Comprehensive loss attributable to EVO Payments, Inc. $ (9,297) $ (17,026) (1) Net of tax benefit of less than $0.1 million for each of the years ended December 31, 2019 and 2018. (2) Net of tax expense of $0.2 million and benefit of $0.7 million for the years ended December 31, 2019 and 2018, respectively. See accompanying notes to condensed financial statements. SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT EVO PAYMENTS, INC. (Parent Company Only) Condensed Statement of Cash Flows (In thousands) Year Ended December 31, 2019 2018 2017 Cash flows from operating activities: Change in operating assets and liabilities, net — — (4,369) Net cash used in operating activities — — (4,369) Cash flows from investing activities: Investment in unconsolidated investee (18,175) (225,672) — Net cash used in investing activities (18,175) (225,672) — Cash flows from financing activities: Repayments of long-term debt — — (65,208) IPO Proceeds, net of underwriter fees — 231,500 — Proceeds from secondary offerings (1) 381,619 190,894 — Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the secondary offerings (1) (362,635) (165,927) — Cash received from option exercises 1,010 — — Repurchases of shares to satisfy minimum tax withholding (1,819) (795) — Contributions by members — — 71,250 Distribution to members — — (1,726) Net cash provided by financing activities 18,175 255,672 4,316 Effect of exchange rate changes on cash and cash equivalents — — — Net decrease in cash and cash equivalents — — (53) Cash and cash equivalents, beginning of year — — 180 Cash and cash equivalents, end of year $ — $ — $ 127 (1) For the year ended December 31, 2019, Proceeds from the secondary offerings and Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the secondary offerings refers to the sale of Class A common stock and the purchase of an equivalent number of LLC Interests and shares of Class D and Class B common stock in connection with the April 2019 Secondary Offering, the August 2019 Secondary Offering, and the December 2019 Secondary Offering. For the year ended December 31, 2018, Proceeds from the secondary offerings and Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the secondary offerings refers to the sale of Class A common stock and the purchase of an equivalent number of LLC Interests and shares of Class D common stock in connection with the September 2018 Secondary Offering. See accompanying notes to condensed financial statements. SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT EVO PAYMENTS, INC. (Parent Company Only) Notes to the Condensed Financial Statements (In thousands) (1) EVO Payments, Inc. (“EVO, Inc.,” or the “Parent Company”) is a Delaware corporation whose value is driven by its ownership of approximately 50.2% of the membership interests of EVO Investco, LLC (“EVO, LLC”) as of December 31, 2019. EVO, Inc. was incorporated on April 20, 2017 for the purpose of completing a series of reorganization transactions (the “Reorganization Transactions”), in order to consummate the initial public offering of EVO, Inc.’s Class A common stock (the “IPO”), and to carry on the business of EVO, LLC. The accompanying condensed parent company-only financial statements are required in accordance with Rule 5-04 of Regulation S-X. These condensed financial statements have been presented on a standalone basis for EVO Payments, Inc. The condensed financial statements of EVO Payments, Inc. reflect the historical results of operations and the financial position of EVO, Inc., commencing on May 23, 2018. Prior to May 23, 2018, the condensed financial statements included herein represent the financial statements of EVO, LLC on a standalone basis. EVO, Inc. is a holding company that does not conduct any business operations of its own and therefore its assets consist primarily of investments in subsidiaries. In the ordinary course of business, EVO, Inc. will incur certain expenses which are paid on behalf of EVO, Inc. by EVO, LLC and recognized as guaranteed payments in other income. Additionally, EVO, Inc. anticipates the settlement of certain future tax liabilities will require future distributions from EVO, LLC. EVO, Inc. may not be able to access cash generated by its subsidiaries in order to fulfill cash commitments or to pay cash dividends on its common stock. The amounts available to EVO, Inc. to fulfill cash commitments or to pay cash dividends are also subject to the covenants and distribution restrictions in its subsidiaries’ loan agreements. For a discussion on the tax receivable agreements, see Note 5, “Tax Receivable Agreement”, in the notes to the accompanying consolidated financial statements. Net loss attributable to EVO Payments, Inc. and comprehensive loss attributable to EVO Payments, Inc. represent the amount of loss and comprehensive loss attributable to EVO, Inc. exclusive of losses incurred prior to the Reorganization Transactions, which is allocable to EVO, LLC and, therefore, the members of EVO, LLC. This loss has been excluded from net loss attributable to EVO Payments, Inc. as EVO, Inc. was not a member of EVO, LLC prior to the Reorganization Transactions. For the purposes of this condensed financial information, the Parent Company’s investment in its consolidated subsidiary is presented under the equity method of accounting. Under the equity method, investment in its subsidiary is stated at cost plus contributions and equity in undistributed income (loss) of subsidiary less distributions received. As of December 31, 2019 and 2018, the Parent Company’s investment in EVO, LLC was in a net deficit due to the accumulation of net losses to date, therefore it is presented as a liability on the condensed balance sheet. The Parent Company financial statements should be read in conjunction with the Company's consolidated financial statements appearing in this Annual Report on Form 10-K. (2) There were no distributions made to EVO, Inc. from EVO, LLC or its subsidiaries, for the years ended December 31, 2019, 2018, and 2017. (3) As of December 31, 2019 and 2018 EVO, Inc. held no debt. Certain subsidiaries of the Company are subject to debt agreements. The subsidiaries’ long-term debt, including accrued interest, consists of the following: December 31, 2019 2018 (In thousands) Subsidiary debt: First lien term loan $ 650,891 $ 654,775 First lien revolver 60,987 42,266 Deferred financing costs (9,965) (12,985) Total subsidiary debt $ 701,913 $ 684,056 Settlement lines of credit $ 33,103 $ 41,819 For further discussion on the nature and terms of these agreements, refer to Note 14, “Long-Term Debt and Lines of Credit”, to the Company’s consolidated financial statements. (4) For a discussion of commitments and contingencies, see Note 18, “Commitments and Contingencies”, to the Company’s consolidated financial statements.

SCHEDULE II Valuation and Quali

SCHEDULE II Valuation and Qualifying Accounts	12 Months Ended
SCHEDULE II Valuation and Qualifying Accounts	Dec. 31, 2019
SCHEDULE II Valuation and Qualifying Accounts
SCHEDULE II Valuation and Qualifying Accounts	Valuation and Qualifying (In thousands) Balance at Additions: Balance at Beginning of Charged to Costs End of Description Period and Expenses Deductions (1) Period Allowance for doubtful accounts Year ended December 31, 2019 $ 380 $ 3,926 $ (570) $ 3,736 Year ended December 31, 2018 — 2,169 (1,789) 380 Year ended December 31, 2017 — — — — Deferred income tax asset valuation allowance Year ended December 31, 2019 $ 21,379 $ 4,035 $ (17,262) $ 8,152 Year ended December 31, 2018 15,934 5,643 (198) 21,379 Year ended December 31, 2017 11,534 4,401 (1) 15,934 (1) Includes accounts receivable written off, the write-off or write-down of valuation allowances, and translation adjustments.

Description of Business and S_2

Description of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Description of Business and Summary of Significant Accounting Policies
Basis of Presentation and Use of Estimates	(b) The preparation of the consolidated financial statements in conformity with generally accepted accounting principles in the United States (“U.S. GAAP”) requires management to make certain estimates and assumptions that affect the reported assets and liabilities, as of the date of the 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 fair value of share-based compensation, and assessment of recoverability of long-lived assets. Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity at December 31, 2018: The previously presented nonredeemable non-controlling interests, which relate to the portion of equity in a consolidated subsidiary not attributable, directly or indirectly, to the Company as of December 31, 2018, were retrospectively adjusted to reflect the exchange of certain Class C and D shares to Class A shares. The Company has deemed the correction to be immaterial as there is no impact to the Company’s results of operations, cash flows from operating, investing, or financing activities, or consolidated shareholders’ deficit. This immaterial adjustment decreased the previously reported amounts of $178.2 million and ($814.1) million of additional paid-in capital and nonredeemable non-controlling interests, as reported in the consolidated balance sheet and consolidated statement of changes in equity as of December 31, 2018, to $157.5 million and ($793.4) million, respectively.
Principles of Consolidation	(c) The accompanying consolidated financial statements include the accounts of the Company. As a sole managing member of EVO, LLC, the Company exerts control over the Group. In accordance with Accounting Standards Codification (“ASC”) 810, Consolidation , EVO, Inc. consolidates the Group’s financial statements and records the interests in EVO, LLC that it does not own as non-controlling interests. All intercompany accounts and transactions have been eliminated in consolidation. The Company accounts for investments over which it has significant influence, but not a controlling financial interest using the equity method of accounting.
Cash and Cash Equivalents and Merchant Reserves	(d) 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 day following receipt in satisfaction of the settlement process. Included in cash and cash equivalents are merchant reserve cash balances, which 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 (“Merchant Reserves”). While this cash is not restricted in its use, the Company believes that maintaining the Merchant Reserves to collateralize merchant losses strengthens its fiduciary standings with its card network sponsors (“Member Banks”) and is in accordance with the guidelines set by the card networks. As of December 31, 2019 and 2018, Merchant Reserves were $85.8 million and $107.8 million, respectively.
Accounts Receivable and Other Receivables	(e) Accounts receivable include amounts due from independent sales organizations (“ISO”) and merchants related to the transaction processing services and sale of point-of-sale (“POS”) equipment and peripherals and amounts of foreign value-added taxes to be recovered through regular business operations. Other receivables include advances to merchants and other amounts due to the Company. Included in other receivables as of December 31, 2018, is an amount of value-added taxes of $32.0 million, due from the Mexican tax authority as part of the business acquisition in Mexico with a corresponding liability that is included in accounts payable as of December 31, 2018, representing the amount to be paid to the seller. This amount was collected from tax authority and remitted to the seller during the year ended December 31, 2019. Receivable balances are stated net of allowance for doubtful accounts. The Company periodically evaluates its receivables for collectability. The Company analyzes historical losses, the financial position of its customers and known or expected trends when estimating the allowance for doubtful accounts. As of December 31, 2019 and 2018, allowance for doubtful accounts was $3.7 million and $0.4 million, respectively.
Inventory	(f) Inventory consists primarily of electronic POS terminals and prepaid mobile phone cards and is stated at the lower of cost or net realizable value. Cost is determined based on the first-in, first-out (“FIFO”) method.
Earnings Per Share	(g) Basic earnings per Class A common stock are computed by dividing the net loss attributable to EVO, Inc. by the weighted-average number of Class A common stock outstanding for the year ended December 31, 2019, and for the period from May 23, 2018 to December 31, 201 8 . Diluted earnings per Class A common stock is calculated by dividing the net income (loss) attributable to EVO, Inc., when applicable, by the diluted weighted-average Class A common stock outstanding for the year ended December 31, 2019, and for the period from May 23, 2018 to December 31, 2018. Diluted weighted-average Class A common stock includes unvested stock options, restricted stock units (“RSUs”), restricted stock awards (“RSAs”), and common membership interests of EVO, LLC (“LLC Interests”) corresponding to each Class C common share and Class D common share that are exchangeable for shares of Class A common stock for the period after the closing of the IPO, excluding anti-dilutive securities. Class B common stock is not considered when calculating dilutive EPS as this class of common stock may not convert to Class A common stock. The dilutive effect of outstanding share-based compensation awards, if any, is reflected in diluted earnings per Class A common stock by application of the treasury stock method or if-converted method, as applicable. Refer to Note 4, “Earnings Per Share”, for further information.
Settlement Processing Assets and Obligations	(h) Settlement processing assets and obligations represent intermediary balances arising in our settlement process. Refer to Note 3, “Settlement Processing Assets and Obligations”, for further information.
Equipment and Improvements	(i) Equipment and improvements are stated at cost less accumulated depreciation. Card processing, office equipment, computer software, and furniture and fixtures are depreciated over their respective estimated useful lives on a straight-line basis. Leasehold improvements are depreciated over the lesser of the estimated useful life of the asset or the lease term. Maintenance and repairs, which do not extend the useful life of the respective assets, are recognized as expense when incurred. Refer to Note 8, “Equipment and Improvements”, for further information.
Deferred Financing Costs	(j) The costs associated with obtaining debt financing are capitalized and amortized over the term of the related debt. Such costs are presented as a reduction of the long-term debt.
Revenue Recognition	(l) The Company adopted Accounting Standards Update (“ASU”) 2014-09, Revenue From Contracts With Customers (“ASC 606”) on January 1, 2019, using the modified retrospective method and applying the standard to all contracts not completed on the date of adoption. Results for the reporting period beginning January 1, 2019 are presented under ASC 606, while prior period amounts continue to be reported in accordance with the Company's historic accounting practices under previous guidance. The Company primarily earns revenue from payment processing services. The payment processing services involve routing and clearing transactions through the applicable payment network. The Company obtains authorization for each transaction and requests funds settlement from the card issuing financial institution through the payment network. In addition, the Company also earns revenue from the sale and rental of electronic POS equipment. The Company’s revenue consists primarily of transaction-based fees that are made up of a significant volume of low-dollar transactions, sourced from multiple systems, platforms, and applications. The payment processing is highly automated, and is based on contractual terms with merchants. Because of the nature of payment processing services, the Company relies on automated systems to process and record the revenue transactions. Netting against the revenue is commissions for referral partners and third party processing and assessment costs. The Company’s core performance obligation is to provide continuous access to the Company’s processing services in order to be able to process as many transactions as its customers require on a daily basis over the contract term, as the timing and quantity of transactions to be processed is not determinable. Under a stand-ready obligation, the Company’s performance is defined by each time increment rather than by the underlying activities satisfied over time based on days elapsed. Because the service of standing ready is substantially the same each day, and has the same pattern of transfer to the customer, the Company has determined that its stand-ready performance obligation comprises a series of distinct days of service. The Company’s contractual agreements outline the pricing related to payment processing services and pricing related to the sale or rental of POS equipment. Given the nature of the promise to stand ready to provide payment processing services and the fees which are based on unknown quantities of services to be performed over the contract term, the consideration related to the payment processing services is determined to be variable consideration. The variable consideration is usage-based and the variability is satisfied each day the services are provided to the customer. The Company allocates variable fees to the distinct day of service to which it relates, considering the services performed each day in order to allocate the appropriate amount of total fees to that day. Therefore, the Company recognizes revenue for payment processing services over time on a daily basis based on the services performed on that day. Revenue from the sale of POS equipment is recognized at a point in time when the POS equipment is shipped and title passes to the customer. Revenue from the rental of electronic POS equipment is recognized over time. ASC 606 requires disclosure of the aggregate amount of the transaction price allocated to unsatisfied performance obligations; however, as permitted by the standard, the Company has elected to exclude from this disclosure any contracts with an original duration of one year or less and any variable consideration that meets specified criteria. As discussed above, the Company’s core performance obligation is a stand-ready obligation comprised of a series of distinct days of service, and revenue related to this performance obligation is generally billed and recognized as the services are performed. The variable consideration allocated to this performance obligation meets the specified criteria for disclosure exclusion. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material. The Company follows the requirements of ASC 606-10, Principal Agent Considerations , which states that the determination of whether a company should recognize revenue based on the gross amount billed to a customer or the net amount retained is a matter of judgment that depends on the facts and circumstances of the arrangement. For payment processing services, the determination of gross versus net recognition for interchange, card network fees, commissions, and other fees depends on whether the Company controls the good or service before it is transferred to the merchant or whether the Company is acting as an agent of a third party. The Company frequently enters into agreements with third parties under which the third party engages the Company to provide payment processing services to all of their customers. Under these agreements the third party acts as supplier of products or services by achieving most of the shared risks and rewards of customer contracts; the Company passes the third party’s share of merchant receipts to them as commissions. The Company incurs interchange and card network pass-through charges from the card issuers and payment networks respectively, and does not have the ability to direct the use of or receive the benefits from the services provided by the card issuers or the payment networks. The Company has no discretion over which card issuing bank will be used to process a transaction and is unable to direct the activity of the merchant to another card issuing bank. Interchange and card network rates are pre-established by the card networks, and the Company has no latitude in determining these fees. Therefore, the Company is acting as an agent with respect to these services. Revenue generated from payment processing is presented net of interchange, card network fees, and commissions. Commissions payable to referral and reseller partners are recognized as incurred. The Company does not capitalize costs to obtain contracts with customers or costs incurred to fulfill contracts with customers as such amounts are not material.
Share-Based Compensation	(m) The Company accounts for share-based compensation in accordance with ASC 718, Compensation: Stock Compensation . ASC 718 requires a share-based compensation to be measured based on the fair value of the awards issued. The Company granted equity awards prior to the IPO (“pre-IPO awards”). These pre-IPO awards contained a performance condition contingent on a liquidity event, as well as other metrics. These pre-IPO awards were modified on the IPO date by the compensation committee of the board of directors, and the fair value of the modified awards was determined based on the IPO price per share of the Class A common stock. The majority of these awards were fully time-vested, and the Company recorded share-based compensation expense to fully recognize the value of these awards on the IPO date. With respect to equity awards issued as compensation in connection with the Reorganization Transactions and the IPO pursuant to the 2018 Omnibus Equity Incentive Plan (the “2018 Plan”), the fair value of the stock option awards is determined through the application of the Black-Scholes model. The fair values of RSUs and RSAs were determined based on the IPO per share price or the market price at the time of grant. The share-based compensation is recognized as expense based on the vesting conditions of the awards. The Company has elected to recognize forfeitures at the time they occur. Refer to Note 21, “Stock Compensation Plans and Share-Based Compensation Awards”, for further information on the share-based compensation awards.
Nonredeemable Non-controlling Interests and Redeemable Non-controlling Interests	(o) Non-controlling interests relate to the portion of equity in a consolidated subsidiary not attributable, directly or indirectly, to the Company. Where redemption of such non-controlling interests is solely within the control of the Company, such interests are reflected in the consolidated balance sheets as “Nonredeemable non-controlling interests” and in the consolidated statements of operations and comprehensive (loss) income as “Net loss attributable to non-controlling interests of EVO Investco, LLC.” RNCI refers to non-controlling interests that are redeemable upon the occurrence of an event that is not solely within the Company’s control and is reported in the mezzanine section between total liabilities and shareholders’ deficit, as temporary equity in the Company’s consolidated balance sheets. The Company adjusts RNCI balance to reflect its estimate of the maximum redemption amount each reporting period. Refer to Note 16, “Redeemable Non-controlling Interests”, for further information.
Foreign-Currency Translation	(p) The Company has operations in foreign countries whose functional currency is the local currency. Gains and losses on transactions denominated in currencies other than the functional currency are included in the net loss for the period. The assets and liabilities of subsidiaries whose functional currency is a foreign currency are translated at the period-end exchange rates. Income statement items are translated at the average monthly rates for the year. The resulting translation adjustment is recorded as a component of other comprehensive (loss) income and is included in shareholders’ deficit.
Fair-Value Measurements	(q) The Company follows ASC 820, Fair Value Measurements , which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The determination of fair value is based on the principal or most advantageous market in which the Company could participate and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance. Also, determination of fair value assumes that market participants will consider the highest and best use of the asset. The Company uses the hierarchy prescribed in ASC 820 for fair value measurements, based on the available inputs to the valuation and the degree to which they are observable or not observable in the market. The three levels of the hierarchy are as follows: Level 1 Inputs—Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date; Level 2 Inputs—Other than quoted prices included in Level 1 inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3 Inputs—Unobservable inputs for the asset or liability used to measure fair value allowing for inputs reflecting the Company’s assumptions about what other market participants would use in pricing the asset or liability, including assumptions about risk.
Segment Reporting	(r) The Company has two operating segments: the Americas and Europe. The Company’s reportable segments are the same as the operating segments. The alignment of the Company’s segments is designed to establish lines of business that support the geographical markets in which the Company operates and allows the Company to further globalize its solutions while working seamlessly with teams across these markets. The America’s segment comprises the geographical markets of the United States, Canada, and Mexico. The Europe segment comprises the geographical markets of Western Europe (Spain, United Kingdom, Ireland, and Germany) and Eastern Europe (Poland and Czech Republic). The Company also provides general corporate services to its segments through corporate functions, the cost of which is not allocated to segments. Such costs are reported as “Corporate.” Refer to Note 19, “Segment Information”, for further information on segment reporting.
Leases	(s) The Company adopted ASU 2016-02, Leases, (“ASC 842”) on January 1, 2019, using the optional modified retrospective method under which the prior period financial statements were not restated for the new guidance. 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. 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 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 rate is a fully collateralized rate that considers the Company’s credit rating, market conditions and the term of the lease. The Company accounts for all components in a lease arrangement as a single combined lease component. Operating lease cost is recognized on a straight-line basis over the lease term. Total lease costs include variable lease costs, which are primarily comprised of the CPI adjustments and cost of insurance and maintenance. Variable payments are expensed in the period incurred and not included in the measurement of lease assets and obligations.
Recent Accounting Pronouncements	(t) New accounting pronouncements are issued by the Financial Accounting Standards Board (the “FASB”) or other standards setting bodies that are adopted by the Company are adopted as of the specified effective date. Unless otherwise discussed, management 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 Pronouncements In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09, Revenue From Contracts With Customers (“ASC 606”), with amendments in 2015, 2016, and 2017. T his ASU supersedes the revenue recognition requirements in ASC 605, Revenue Recognition (“ASC 605”). The new standard provides a five-step analysis of transactions to determine when and how revenue is recognized, based upon the core principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new standard also requires additional disclosures regarding the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The Company adopted ASC 606 on January 1, 2019, using the modified retrospective method and applied the standard to all contracts not completed on the date of adoption. Results for the reporting period beginning January 1, 2019 are presented under ASC 606, while prior period amounts continue to be reported in accordance with the Company's historic accounting practices under previous guidance. The primary impact to the Company’s consolidated financial statements as a result of the adoption of ASC 606 is a change in total net revenue attributable to the presentation of network processing fees on a net basis, driven by changes in principal and agent considerations, as compared to previously being presented on a gross basis. Under the modified retrospective method, the Company has not restated its comparative consolidated financial statements for these effects. The following table presents the impact of adopting ASC 606 on the Company’s consolidated financial statements for the year ended December 31, 2019: Year Ended December 31, 2019 As reported Adjustment Presented without (In thousands) Revenue $ 485,778 $ 112,258 $ 598,036 Operating expenses: Cost of services and products $ (96,365) $ (112,258) $ (208,623) The adoption of ASC 606 did not have a material impact on the Company’s consolidated balance sheets and statements of cash flows as of and for the year ended December 31, 2019. The Company has expanded its consolidated financial statement disclosures as required by this new standard. See Note 2, “Revenue”, for additional disclosures provided as a result of the adoption of ASC 606. Leases In February 2016, the FASB issued ASU 2016-02, Leases (“Topic 842”), with amendments in 2018 and 2019. This update aims to increase transparency and comparability among organizations by requiring recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements. The new standard was effective for public companies for fiscal years beginning after December 15, 2018; however, the Company elected to take advantage of the extended transition period as provided for under the JOBS Act during the period the Company qualified for emerging growth status. The Company became a large accelerated filer effective December 31, 2019, at which point the Company was required to follow the timeline for adoption of new accounting pronouncements for public companies. As a result, the Company retroactively adopted Topic 842 effective January 1, 2019, using the optional modified retrospective transition method, under which the prior period financial statements were not restated for the new guidance. The Company elected to apply the package of practical expedients whereby the Company did not reassess whether expired or existing leases contain a lease, did not reassess the lease classification for any expired or existing leases, and did not reassess initial direct costs for any existing leases. The Company further elected to account for lease and nonlease components in a lease arrangement as a combined lease component for all classes of leased assets. The Company also elected to utilize the practical expedient in ASU No. 2018-11 to not separate lease and nonlease components for payment processing service arrangements that include rentals of POS terminals. Since the predominant component in these arrangements is service revenue and not the POS terminal, the Company accounts for the combined components in these arrangements under ASC 606, and not ASC 842. The adoption of Topic 842 resulted in the recognition of the right-of-use assets of $35.6 million and the lease liabilities of $38.2 million as of January 1, 2019 on the consolidated balance sheet. Lease liabilities were measured as the present value of remaining lease payments, utilizing the Company’s incremental borrowing rate based on the remaining lease term as of the adoption date. The right-of-use assets were measured at an amount equal to the lease liabilities adjusted by the amounts of certain assets and liabilities, such as deferred lease obligations and prepaid rent, that were previously recognized on the balance sheet prior to the initial application of Topic 842. The adoption of Topic 842 did not have a material impact on the consolidated statements of operations and comprehensive (loss) income, consolidated statements of changes in equity, and consolidated statements of cash flows. Refer to Note 7, “Leases”, for further information. Recently Issued Accounting Pronouncements Not Yet Adopted Credit Losses In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments , with amendments in 2019. This update requires the companies to immediately recognize the estimate for credit losses expected to occur over the remaining life of the financial assets that are in the scope of the standard. This ASU became effective on January 1, 2020. The Company concluded this ASU does not have a material impact on the Company’s consolidated financial statements. Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement: Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement . This update provides clarification and modifies the disclosure requirements on fair value measurement in Topic 820, Fair Value Measurement . This ASU became effective on January 1, 2020. The Company concluded this ASU does not have a material impact on the Company’s consolidated financial statements. Internal Use Software In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software: Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract . The update aligns the requirements for capitalizing certain implementation costs incurred in a cloud computing hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. This ASU became effective on January 1, 2020. The Company adopted this guidance prospectively and concluded this ASU does not have a material impact on the Company’s consolidated financial statements. Simplifying the Accounting for Income Taxes In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes . This update modifies ASC 740 to simplify the accounting for income taxes as part of the FASB’s simplification initiative. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2020 with early adoption permitted. The Company is currently evaluating the effect of ASU 2019-12 on its consolidated financial statements.

Description of Business and S_3

Description of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Recently Adopted Accounting Pronouncements
Summary of open tax years by jurisdiction	Jurisdiction Years United States 2017-2019 Mexico 2015-2019 Poland 2014-2019
ASU 2014-09
Recently Adopted Accounting Pronouncements
Schedule of the impact of adopting ASC 606	Year Ended December 31, 2019 As reported Adjustment Presented without (In thousands) Revenue $ 485,778 $ 112,258 $ 598,036 Operating expenses: Cost of services and products $ (96,365) $ (112,258) $ (208,623)

Revenue (Tables)

Revenue (Tables)	12 Months Ended
Revenue (Tables)	Dec. 31, 2019
Revenue
Summary of revenue	Year Ended December 31, 2019 Americas Europe Total (In thousands) Divisions: Direct $ 156,112 $ 142,313 $ 298,425 Tech-enabled 115,476 39,625 155,101 Traditional 32,252 — 32,252 Totals $ 303,840 $ 181,938 $ 485,778 Year Ended December 31, 2018 Americas Europe Total (In thousands) Divisions: Direct $ 165,452 $ 189,782 $ 355,234 Tech-enabled 115,691 54,491 170,182 Traditional 39,338 — 39,338 Totals $ 320,481 $ 244,273 $ 564,754

Settlement Processing Assets _2

Settlement Processing Assets and Obligations (Tables)	12 Months Ended
Settlement Processing Assets and Obligations (Tables)	Dec. 31, 2019
Settlement Processing Assets and Obligations
Summary of settlement processing assets and obligations	December 31, December 31, 2019 2018 (In thousands) Settlement processing assets: Receivable from card networks $ 232,458 $ 195,817 Receivable from merchants 96,179 52,513 Totals $ 328,637 $ 248,330 Settlement processing obligations: Settlement liabilities due to merchants $ (363,545) $ (320,492) Merchant reserves (85,757) (107,836) Totals $ (449,302) $ (428,328)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Dec. 31, 2019
Earnings Per Share
Schedule of computation of basic and diluted net income per share	The following table sets forth the computation of the Company's basic and diluted net loss per Class A common share (in thousands, except share and per share data): Year Ended December 31 May 23 - December 31 2019 2018 Numerator: Net loss attributable to EVO Payments, Inc. $ (10,105) $ (14,712) Denominator: Weighted-average Class A common stock outstanding 32,720,370 21,081,447 Effect of dilutive securities — — Total dilutive securities 32,720,370 21,081,447 Earnings per share: Basic $ (0.31) $ (0.70) Diluted $ (0.31) $ (0.70) Anti-dilutive securities: Stock options 3,082,909 2,086,153 RSUs 807,688 505,975 RSAs 19,903 42,087 Class C common stock 2,380,844 2,461,055 Class D common stock 11,449,784 16,785,552

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Dec. 31, 2019
Delego Software
Acquisitions
Schedule of allocation of purchase price	As of the Estimated acquisition date Useful Life Finite-lived intangible assets (In thousands ) Acquired software $ 7 years Customer relationships 15 years Trademarks 2 years Deferred tax liabilities Other assets (liabilities), net Goodwill Total purchase price $
Federated
Acquisitions
Schedule of allocation of purchase price	c As of the acquisition date (in thousands) Tangible assets acquired $ 1,702 Deferred tax liability (1,357) Amortizable intangible assets: Trademarks 1,200 Merchant contract portfolios 11,400 Goodwill 33,677 Total net assets acquired $ 46,622

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2019
Leases
Schedule of effect of adopting ASU 2016-02 on the consolidated balance sheet	December 31, 2019 January 1, 2019 (In thousands) Operating Leases: Operating lease right-of-use assets $ $ Current portion of operating lease liabilities Noncurrent portion of operating lease liabilities Total operating lease liabilities $ $
Schedule of maturities of lease liabilities	(In thousands) Years ending December 31: 2020 $ 2021 2022 2023 2024 2025 and thereafter Total future minimum lease payments (undiscounted) Less: present value discount (14,706) Present value of lease liability $
Schedule of future minimum lease payments required under operating leases	(In thousands) Years ending December 31: 2019 $ 2020 2021 2022 2023 2024 and thereafter Total $

Equipment and Improvements (Tab

Equipment and Improvements (Tables)	12 Months Ended
Equipment and Improvements (Tables)	Dec. 31, 2019
Equipment and Improvements
Schedule of equipment and improvements	Estimated Useful Lives in December 31, December 31, Years 2019 2018 (In thousands) Card processing 3-5 $ 137,190 $ 128,244 Office equipment 3-5 42,561 41,771 Computer software 3 42,621 44,373 Leasehold improvements various 17,870 16,234 Furniture and fixtures 5-7 6,019 5,673 Totals 246,261 236,295 Less accumulated depreciation (155,323) (136,947) Foreign currency translation adjustment 3,526 3,698 Totals $ 94,464 $ 103,046

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Dec. 31, 2019
Goodwill and Intangible Assets
Schedule of intangible assets, net	December 31, December 31, 2019 2018 (In thousands) Intangible assets with finite lives: Merchant contract portfolios and customer relationships: Gross carrying value $ 296,033 $ 293,069 Accumulated amortization (163,358) (139,159) Accumulated impairment losses (7,089) (5,658) Foreign currency translation adjustment (26,347) (27,975) Net 99,239 120,277 Marketing alliance agreements: Gross carrying value 191,879 191,879 Accumulated amortization (59,545) (47,777) Accumulated impairment losses (11,920) (7,585) Foreign currency translation adjustment (17,468) (18,634) Net 102,946 117,883 Trademarks, finite-lived: Gross carrying value 29,493 28,657 Accumulated amortization (13,129) (10,748) Accumulated impairment losses (2,631) — Foreign currency translation adjustment (4,600) (4,446) Net 9,133 13,463 Internally developed and acquired software: Gross carrying value 84,060 60,876 Accumulated amortization (26,042) (15,794) Accumulated impairment losses (10,190) (9,324) Foreign currency translation adjustment (2,110) (2,260) Net 45,718 33,498 Non-competition agreements: Gross carrying value 6,462 6,462 Accumulated amortization (5,938) (5,316) Net 524 1,146 Total finite-lived, net 257,560 286,267 Trademarks, indefinite-lived: Gross carrying value 18,499 18,499 Accumulated impairment losses (18,499) (14,627) Net — 3,872 Total intangible assets, net $ 257,560 $ 290,139
Schedule of estimated amortization expense	(In thousands) Years ending: 2020 $ 48,280 2021 41,337 2022 34,431 2023 27,259 2024 17,884 2025 and thereafter 88,369 Total $ 257,560
Schedule of net intangible assets by segment	December 31, December 31, 2019 2018 (In thousands) Intangible assets, net: Americas Merchant contract portfolios and customer relationships $ 74,791 $ 88,141 Marketing alliance agreements 72,272 76,590 Trademarks, finite-lived 2,994 2,585 Internally developed and acquired software 28,697 20,167 Non-competition agreements 489 1,089 Trademarks, indefinite-lived — 3,872 Total 179,243 192,444 Europe Merchant contract portfolios and customer relationships 24,448 32,136 Marketing alliance agreements 30,674 41,293 Trademarks, finite-lived 6,139 10,878 Internally developed and acquired software 17,021 13,331 Non-competition agreements 35 57 Total 78,317 97,695 Total intangible assets, net $ 257,560 $ 290,139
Schedule of goodwill activity	Reportable Segment Americas Europe Total (In thousands) Goodwill, gross, as of December 31, 2017 $ 196,126 $ 139,843 $ 335,969 Accumulated impairment losses — (24,291) (24,291) Goodwill, net, as of December 31, 2017 196,126 115,552 311,678 Business combinations 44,664 3,636 48,300 Foreign currency translation adjustment 47 (7,014) (6,967) Goodwill, net as of December 31, 2018 240,837 112,174 353,011 Goodwill, gross, as of December 31, 2018 $ 240,837 $ 136,465 $ 377,302 Accumulated impairment losses — (24,291) (24,291) Goodwill, net, as of December 31, 2018 240,837 112,174 353,011 Business combinations 25,030 40 25,070 Foreign currency translation adjustment 2,182 (1,425) 757 Goodwill, net as of December 31, 2019 $ 268,049 $ 110,789 $ 378,838

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
Accounts Payable and Accrued Expenses (Tables)	Dec. 31, 2019
Accounts Payable and Accrued Expenses
Schedule of accounts payable and accrued expenses	December 31, December 31, 2019 2018 (In thousands) Compensation and related benefits $ 18,460 $ 22,280 Third-party processing and payment network fees 36,409 37,702 Trade payables 11,571 44,581 Taxes payable 18,556 16,292 Commissions payable to third parties and agents 15,030 13,141 Unearned revenue 4,309 4,579 Other 19,328 22,641 Total accounts payable and accrued expenses $ 123,663 $ 161,216

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
Related Party Transactions (Tables)	Dec. 31, 2019
Related Party Transactions
Schedule of related party balances	December 31, December 31, 2019 2018 (In thousands) Receivables from sale of POS devices and peripherals $ — $ 303 Receivables from related companies 1,125 1,568 Due from related parties, current $ 1,125 $ 1,871 Notes receivable, long-term — 915 Due from related parties, long-term $ — $ 915 Liabilities to related companies 7,325 4,824 Due to related parties, current $ 7,325 $ 4,824 ISO commission reserve 385 385 Due to related parties, long-term $ 385 $ 385

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2019
Income Taxes
Schedule of domestic and foreign (loss) income before income taxes	2019 2018 2017 (In thousands) Domestic $ (66,850) $ (122,699) $ (76,255) Foreign 48,032 34,293 60,495 Loss before income taxes $ (18,818) $ (88,406) $ (15,760)
Schedule of income tax expense	2019 2018 2017 (In thousands) Current: Foreign $ 14,515 $ 12,735 $ 4,711 Federal 338 146 306 State 61 (43) 57 Total current income tax expense 14,914 12,838 5,074 Deferred: Foreign (9,262) 4,217 11,294 Federal (973) (5,821) 220 State (131) (790) — Total deferred income tax expense (benefit) (10,366) (2,394) 11,514 Totals $ 4,548 $ 10,444 $ 16,588
Schedule of effective tax rate	2019 2018 (1) 2017 (1) Federal statutory rate 21.0 % 21.0 % — % State taxes, net of federal benefit (10.9) 1.0 (0.4) Foreign tax rate differential (0.9) — — Increase in U.S. valuation allowance (13.6) — — Non-controlling interest (11.5) (14.1) — Other miscellaneous permanent differences 9.9 (0.3) — Remeasurement of deferred tax assets 11.4 — — Undistributed earnings of foreign subsidiaries 43.6 (2.6) (17.9) U.S. federal tax related to foreign effectively connected income (1.2) (0.2) (3.1) Mexico income tax provision (47.7) (6.3) (29.6) Poland income tax provision (21.8) (5.9) (29.2) Spain income tax provision (0.1) (3.9) (23.2) Other foreign tax provisions (2.4) (0.5) (1.8) Effective tax rate (24.2) % (11.8) % (105.2) % (1) Certain balances from the comparative prior period have been reclassified to conform to the current year presentation .
Schedule of components of deferred tax items	2019 2018 (2) (In thousands) Deferred tax assets: U.S. net operating losses (1) $ 8,897 $ 4,499 U.S. interest limitation (1) 2,558 1,591 Partnership basis adjustment (1) 170,274 54,599 Other partnership basis items (1) 18,651 8,253 Foreign net operating losses 4,417 20,850 Foreign intangibles 663 2,627 Foreign accrued expenses and other temporary differences 7,302 4,330 212,762 96,749 Valuation allowance (8,152) (21,379) Deferred tax asset 204,610 75,370 Deferred tax liabilities: Acquisition related intangibles (6,463) (3,811) Accrued tax on unremitted earnings — (8,399) Foreign equipment and improvements (5,132) (4,383) Deferred tax liability (11,595) (16,593) Net $ 193,015 $ 58,777
Schedule of valuation allowance associated with the deferred tax assets	Valuation Allowance (In thousands) Beginning balance, January 1, 2017 $ 11,534 2017 Additions, net 4,400 December 31, 2017 15,934 2018 Additions, net 5,445 December 31, 2018 21,379 2019 Addition for U.S. interest limitation 2,558 2019 Additions to other deferred tax assets in foreign jurisdictions 1,477 Reduction resulting from reassessments of available foreign net operating loss carryover (17,262) December 31, 2019 $ 8,152
Schedule of net operating losses carryforwards by country and years	Net Operating Available Losses Years (In thousands) United States $ 39,379 Indefinite Ireland 13,026 Indefinite Gibraltar 8,621 Indefinite Czech Republic 4,245 2020-2024 Germany 3,414 Indefinite

Long-Term Debt and Lines of C_2

Long-Term Debt and Lines of Credit (Tables)	12 Months Ended
Long-Term Debt and Lines of Credit (Tables)	Dec. 31, 2019
Long-Term Debt and Lines of Credit
Summary of long-term debt	December 31, December 31, 2019 2018 (In thousands) First lien term loan $ 650,891 $ 654,775 First lien revolver 60,987 42,266 Less debt issuance costs (9,965) (12,985) Total long-term debt 701,913 684,056 Less current portion of long-term debt, including accrued interest of $4.1 million and $0.6 million as of December 31, 2019 and 2018, respectively (8,744) (7,191) Total long-term debt, net of current portion $ 693,169 $ 676,865
Schedule of principal payment requirements	(In thousands) Years ending December 31: 2020 $ 6,593 2021 6,593 2022 6,593 2023 687,983 2024 and thereafter — Total $ 707,762

Supplemental Cash Flows Infor_2

Supplemental Cash Flows Information (Tables)	12 Months Ended
Supplemental Cash Flows Information (Tables)	Dec. 31, 2019
Supplemental Cash Flows Information
Schedule of supplemental cash flow disclosures and noncash investing and financing activities	2019 2018 2017 (In thousands) Supplemental disclosure of cash flow data: Interest paid $ 38,531 $ 48,305 $ 53,723 Income taxes paid 10,860 7,025 12,305 Supplemental disclosure of non-cash investing and financing activities: Contingent consideration and acquisition holdback payable 1,337 7,485 3,564 Contingent consideration settled with the issuance of Class A common stock — 771 — Deferred purchase price — — 71,200 Exchanges of Class C and Class D common stock for Class A common stock 37,533 — —

Redeemable Non-controlling In_2

Redeemable Non-controlling Interests (Tables)	12 Months Ended
Redeemable Non-controlling Interests (Tables)	Dec. 31, 2019
Redeemable Non-controlling Interests
Schedule of components of redeemable non-controlling interest	Post-IPO Pre-IPO December 31, 2019 December 31 May 23, Blueapple eService Total 2018 2018 (In thousands) Beginning balance $ 885,986 $ 124,107 $ 1,010,093 $ 689,569 $ 148,266 Net income attributable to RNCI - eService — 7,855 7,855 4,914 1,291 Net loss attributable to RNCI - Blueapple (14,567) — (14,567) (39,129) — Loss on OCI - eService — (470) (470) (2,368) (2,104) Gain (loss) on OCI - Blueapple 242 — 242 (3,935) — Loss on defined benefit plan revaluation - Blueapple (1) — (1) (192) — Legacy accumulated deficit allocation — — — — (150,485) Legacy AOCI allocation — — — — (39,404) Purchase of Blueapple Class B common stock in connection with secondary offerings (48,447) — (48,447) — — Decrease in maximum redemption amount in connection with purchase of Blueapple Class B common stock (2,843) — (2,843) — — Increase (decrease) in the maximum redemption amount of RNCI: eService — 28,173 28,173 (19,741) — Blueapple 93,845 — 93,845 374,616 735,775 Allocation of eService fair value RNCI adjustment to Blueapple (11,957) — (11,957) 8,739 — Distributions - eService — (9,475) (9,475) (2,380) (3,770) Ending balance $ 902,258 $ 150,190 $ 1,052,448 $ 1,010,093 $ 689,569

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
Fair Value (Tables)	Dec. 31, 2019
Fair Value
Schedule of information about items which are carried at fair value on a recurring basis	December 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total Cash equivalents $ 7,715 $ — $ — $ 7,715 Contingent consideration — — (2,300) (2,300) Blueapple RNCI (902,258) — — (902,258) eService RNCI — — (150,190) (150,190) Total $ (894,543) $ — $ (152,490) $ (1,047,033) December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total Cash equivalents $ 106,164 $ — $ — $ 106,164 Contingent consideration — — (8,189) (8,189) Blueapple RNCI (885,986) — — (885,986) eService RNCI — — (124,107) (124,107) Total $ (779,822) $ — $ (132,296) $ (912,118)

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Dec. 31, 2019
Commitments and Contingencies.
Schedule of future minimum lease payments required under operating leases	(In thousands) Years ending December 31: 2019 $ 2020 2021 2022 2023 2024 and thereafter Total $

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Dec. 31, 2019
Segment Information
Summary of segment information	Year Ended December 31, 2019 2018 2017 (In thousands) Segment revenue: Americas $ 303,840 $ 320,481 $ 299,034 Europe 181,938 244,273 205,716 Revenue $ 485,778 $ 564,754 $ 504,750 Segment profit: Americas $ 96,587 $ 85,377 $ 82,759 Europe 55,319 61,195 54,842 Total segment profit 151,906 146,572 137,601 Corporate (34,482) (41,431) (25,732) Depreciation and amortization (92,059) (87,184) (74,136) Net interest expense (41,139) (57,540) (61,387) Provision for income tax expense (4,548) (10,444) (16,588) Share-based compensation expense (10,921) (55,519) — Net loss attributable to EVO Investco, LLC $ (40,242) Net loss attributable to non-controlling interests of EVO Investco, LLC (21,138) (90,834) Net loss attributable to EVO Payments, Inc. $ (10,105) $ (14,712) Capital expenditures: Americas $ 19,973 $ 18,901 $ 13,893 Europe 16,835 29,850 28,128 Consolidated total capital expenditures $ 36,808 $ 48,751 $ 42,021

Shareholder_s Equity (Tables)

Shareholder’s Equity (Tables)	12 Months Ended
Shareholder’s Equity (Tables)	Dec. 31, 2019
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 B common stock Blueapple 15.9% No Class C common stock Executive Officers 3.5 votes per share, subject to aggregate cap No Class D common stock MDP and Current and Former Employees One vote per share No *

Stock Compensation Plans and _2

Stock Compensation Plans and Share-Based Compensation Awards (Tables)	12 Months Ended
	Dec. 31, 2019
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	Year Ended December 31, 2019 2018 2017 (In thousands) Share-based compensation expense $ 10,921 $ 55,519 N/A Income tax benefit $ (987) $ (3,347) N/A
Summary of stock option activity	A summary of 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, 2017 — $ — $ — Granted 2,179 7.06 16.93 Forfeited (93) 6.68 16.00 Exercised — — — $ — Balance at December 31, 2018 2,086 $ 6.77 $ 16.22 9.41 $ 17,631 Granted 1,485 9.46 26.27 Forfeited (140) 8.11 20.99 Exercised (62) 6.78 16.25 785 Balance at December 31, 2019 3,369 $ 7.90 $ 20.46 8.77 $ 20,312 Exercisable at December 31, 2019 448 $ 6.75 $ 16.17 8.40 $ 4,585
Summary of assumptions used in estimating the grant date fair values	Year Ended December 31, 2019 2018 Expected life (in years) Weighted-average risk-free interest rate Expected volatility Dividend yield Weighted-average fair value at grant date $ $
RSAs
Stock Compensation Plans and Share-Based Compensation Awards
Summary of stock activity	A summary of RSAs activity is as follows (in thousands, except per share data): Number of RSAs Weighted-average grant date fair value Balance at December 31, 2017 — $ — Granted 607 16.00 Vested (564) 16.00 Forfeited (1) 16.00 Balance at December 31, 2018 42 $ 16.00 Granted — — Vested (32) 16.00 Forfeited (2) 16.00 Balance at December 31, 2019 8 $ 16.00
RSUs
Stock Compensation Plans and Share-Based Compensation Awards
Summary of stock activity	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, 2017 — $ — Granted 527 16.29 Vested — — Forfeited (21) 16.00 Balance at December 31, 2018 506 $ 16.30 Granted 550 26.28 Vested (140) 16.37 Forfeited (40) 22.01 Balance at December 31, 2019 876 $ 22.30

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
Selected Quarterly Financial Data (Unaudited) (Tables)	Dec. 31, 2019
Selected Quarterly Financial Data (Unaudited)
Schedule of Selected Quarterly Financial Data (Unaudited)	The following tables sets forth certain unaudited quarterly results of operations for 2019 and 2018 (in thousands, except per share data): Three Months Ended March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 Revenue (2) $ 111,518 $ 122,517 $ 122,363 $ 129,380 (Loss) income from operations (8,364) 8,596 7,758 8,337 Net (loss) income (19,019) 3,827 (5,004) (3,170) Net (loss) income attributable to EVO (5,290) 463 (1,844) (3,434) (Loss) earnings per share (1) Basic (0.20) 0.01 (0.05) (0.09) Diluted (0.20) 0.01 (0.05) (0.09) Three Months Ended March 31, 2018 June 30, 2018 September 30, 2018 December 31, 2018 Revenue (2) $ 128,282 $ 140,891 $ 144,758 $ 150,823 Income (loss) from operations 4,269 (45,973) 9,519 (5,600) Net loss (15,025) (40,667) (23,878) (19,280) Net income (loss) attributable to EVO 16,713 (27,389) (4,036) Earnings (loss) per share (1) Basic 0.97 (1.51) (0.16) Diluted 0.96 (1.51) (0.16) (1) The sum of the quarterly earnings per share amounts may not equal the full year amount reported since per share amounts are computed independently for each quarter and for the full year based upon the respective weighted-average common shares outstanding and other dilutive potential common shares for each respective period. Revenue for the reporting period beginning in 2019 is presented under Accounting Standards Update (“ASC”) 2014-19, Revenue From Contracts With Customers (“ASC 606”), while prior period revenue continues to be reported in accordance with the Company’s historic accounting practices under previous guidance. Refer to Note 1, “Description of Business and Summary of Significant Accounting Policies”, section (l) Revenue Recognition, in the notes to the accompanying consolidated financial statements for further discussions of the adoption of ASC 606.

Description of Business and S_4

Description of Business and Summary of Significant Accounting Policies - Other (Details) $ in Thousands	Dec. 31, 2019USD ($)item	Dec. 31, 2019USD ($)segmentitem	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Minimum number of merchants \| item	550,000	550,000
Number of reportable segments \| segment		2
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)	$ (882,647)	$ (882,647)	$ (862,682)
Cash and Cash Equivalents and Merchant Reserves
Merchant reserve cash balances	85,800	85,800	107,800
Accounts Receivable and Other Receivables
Allowance for doubtful accounts	3,700	3,700	400
Goodwill and Intangible Assets
Impairment of intangible assets		13,101	14,627	$ 0
Deferred tax assets
Deferred tax asset valuation allowance	8,152	8,152	21,379	15,934	$ 11,534
Uncertain tax positions	0	$ 0	0
Segment Reporting
Number of strategic operating segments \| segment		2
Additional paid-in capital
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)			178,176
Additional paid-in capital \| Previously reported
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)			178,200
Additional paid-in capital \| Restatement Adjustment
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)			157,500
Nonredeemable non-controlling interests
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)	$ (293,348)	$ (293,348)	(814,074)
Nonredeemable non-controlling interests \| Previously reported
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)			814,100
Nonredeemable non-controlling interests \| Restatement Adjustment
Presentation of Consolidated Balance Sheet and Consolidated Statement of Changes in Equity
Shareholders' equity (deficit)			793,400
EVO LLC
Ownership interest (as a percent)	50.20%	50.20%
Minimum
Number of markets \| item	50	50
Minimum \| Merchant contract portfolios
Goodwill and Intangible Assets
Useful life of intangible assets		5 years
Minimum \| Marketing alliance agreements
Goodwill and Intangible Assets
Useful life of intangible assets		5 years
Minimum \| Trademarks
Goodwill and Intangible Assets
Useful life of intangible assets		2 years
Minimum \| Internally developed software
Goodwill and Intangible Assets
Useful life of intangible assets		3 years
Minimum \| Non-competition agreements
Goodwill and Intangible Assets
Useful life of intangible assets		2 years
Maximum \| Merchant contract portfolios
Goodwill and Intangible Assets
Useful life of intangible assets		19 years
Maximum \| Marketing alliance agreements
Goodwill and Intangible Assets
Useful life of intangible assets		21 years
Maximum \| Trademarks
Goodwill and Intangible Assets
Useful life of intangible assets		20 years
Maximum \| Internally developed software
Goodwill and Intangible Assets
Useful life of intangible assets		10 years
Maximum \| Non-competition agreements
Goodwill and Intangible Assets
Useful life of intangible assets		4 years
Americas
Goodwill and Intangible Assets
Goodwill, Impairment Loss				500,000
Europe
Goodwill and Intangible Assets
Goodwill, Impairment Loss				$ 300,000
Mexican Tax Authority
Accounts Receivable and Other Receivables
Value added taxes included in other receivable			$ 32,000

Description of Business and S_5

Description of Business and Summary of Significant Accounting Policies - Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2019
Recent Accounting Pronouncements
Revenue	$ 129,380	$ 122,363	$ 122,517	$ 111,518	$ 150,823	$ 144,758	$ 140,891	$ 128,282	$ 485,778	$ 564,754	$ 504,750
Operating expenses:
Cost of services and products									(96,365)	(189,375)	$ (164,480)
Operating Leases:
Right-of-use assets	45,664								45,664
Lease liabilities	$ 48,790								$ 48,790
Presented without adoption of ASC 606
Recent Accounting Pronouncements
Revenue										$ 564,754
ASU 2016-02 \| Restatement Adjustment
Operating Leases:
Right-of-use assets												$ 35,555
Lease liabilities												$ 38,228

Revenue - Other (Details)

Revenue - Other (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Revenue - Other (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue
Revenue	$ 129,380	$ 122,363	$ 122,517	$ 111,518	$ 150,823	$ 144,758	$ 140,891	$ 128,282	$ 485,778	$ 564,754	$ 504,750
Sale and Rental of POS Equipment
Revenue
Revenue									$ 43,000	$ 44,000	$ 36,200

Revenue - Summary (Details)

Revenue - Summary (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Revenue - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue
Revenue	$ 129,380	$ 122,363	$ 122,517	$ 111,518	$ 150,823	$ 144,758	$ 140,891	$ 128,282	$ 485,778	$ 564,754	$ 504,750
Direct
Revenue
Revenue									298,425
Tech-enabled
Revenue
Revenue									155,101
Traditional
Revenue
Revenue									32,252
Americas
Revenue
Revenue									303,840
Americas \| Direct
Revenue
Revenue									156,112
Americas \| Tech-enabled
Revenue
Revenue									115,476
Americas \| Traditional
Revenue
Revenue									32,252
Europe
Revenue
Revenue									181,938
Europe \| Direct
Revenue
Revenue									142,313
Europe \| Tech-enabled
Revenue
Revenue									$ 39,625
Presented without adoption of ASC 606
Revenue
Revenue										564,754
Presented without adoption of ASC 606 \| Direct
Revenue
Revenue										355,234
Presented without adoption of ASC 606 \| Tech-enabled
Revenue
Revenue										170,182
Presented without adoption of ASC 606 \| Traditional
Revenue
Revenue										39,338
Presented without adoption of ASC 606 \| Americas
Revenue
Revenue										320,481
Presented without adoption of ASC 606 \| Americas \| Direct
Revenue
Revenue										165,452
Presented without adoption of ASC 606 \| Americas \| Tech-enabled
Revenue
Revenue										115,691
Presented without adoption of ASC 606 \| Americas \| Traditional
Revenue
Revenue										39,338
Presented without adoption of ASC 606 \| Europe
Revenue
Revenue										244,273
Presented without adoption of ASC 606 \| Europe \| Direct
Revenue
Revenue										189,782
Presented without adoption of ASC 606 \| Europe \| Tech-enabled
Revenue
Revenue										$ 54,491

Settlement Processing Assets _3

Settlement Processing Assets and Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Settlement processing assets:
Receivable from card networks	$ 232,458	$ 195,817
Receivable from merchants	96,179	52,513
Totals	328,637	248,330
Settlement processing obligations:
Settlement liabilities due to merchants	(363,545)	(320,492)
Merchant reserves	(85,757)	(107,836)
Totals	$ (449,302)	$ (428,328)

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							7 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share
Net loss (income) attributable to EVO Payments, Inc.	$ (3,434)	$ (1,844)	$ 463	$ (5,290)	$ (4,036)	$ (27,389)	$ 16,713	$ (14,712)	$ (10,105)	$ (14,712)
Weighted average Class A common stock outstanding								21,081,447	32,720,370	21,081,447
Total dilutive securities								21,081,447	32,720,370	21,081,447
Basic (in dollars per share)	$ (0.09)	$ (0.05)	$ 0.01	$ (0.20)	$ (0.16)	$ (1.51)	$ 0.97	$ (0.70)	$ (0.31)	$ (0.70)
Diluted (in dollars per share)	$ (0.09)	$ (0.05)	$ 0.01	$ (0.20)	$ (0.16)	$ (1.51)	$ 0.96	$ (0.70)	$ (0.31)	$ (0.70)
Stock options
Earnings Per Share
Anti-dilutive securities								2,086,153	3,082,909
RSUs
Earnings Per Share
Anti-dilutive securities								505,975	807,688
RSAs
Earnings Per Share
Anti-dilutive securities								42,087	19,903
Class C Common Stock
Earnings Per Share
Anti-dilutive securities								2,461,055	2,380,844
Class D Common Stock
Earnings Per Share
Anti-dilutive securities								16,785,552	11,449,784

Tax Receivable Agreement and _2

Tax Receivable Agreement and Obligations (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Tax Receivable Agreements and Obligations
Payment on applicable cash tax savings (as a percent)	85.00%
Deferred tax asset pursuant to TRA	$ 176.8
Deferred tax asset pursuant to TRA, net of amortization	170.3
Deferred tax liability pursuant to TRA	150.3
Realized tax savings	0
Payments to TRA obligation	$ 0

Acquisitions (Details)

Acquisitions (Details) $ in Thousands, € in Millions, $ in Millions

1 Months Ended

12 Months Ended

Sep. 30, 2019CAD ($)

Sep. 30, 2019USD ($)

Jul. 31, 2019USD ($)

Mar. 31, 2019EUR (€)

Mar. 31, 2019USD ($)

Oct. 31, 2018EUR (€)

Oct. 31, 2018USD ($)

Sep. 30, 2018USD ($)

May 31, 2018USD ($)

Apr. 30, 2018EUR (€)

Apr. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Feb. 28, 2018USD ($)

Sep. 30, 2017USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2018USD ($)

Mar. 01, 2018USD ($)

Dec. 31, 2017USD ($)

Allocation of purchase price

Goodwill

$ 378,838

$ 353,011

$ 311,678

Other disclosures:

Book value of the investment

$ 2,078

1,753

Gain on acquisition of unconsolidated investee

$ 8,404

Deferred purchase price

Allocation of purchase price

Interest rate (as a percent)

5.00%

Quarterly principal payments

$ 5,000

Trademarks | Minimum

Allocation of purchase price

Useful life of intangible assets

2 years

Trademarks | Maximum

Allocation of purchase price

Useful life of intangible assets

20 years

Merchant contract portfolios | Minimum

Allocation of purchase price

Useful life of intangible assets

5 years

Merchant contract portfolios | Maximum

Allocation of purchase price

Useful life of intangible assets

19 years

Marketing alliance agreements | Minimum

Allocation of purchase price

Useful life of intangible assets

5 years

Marketing alliance agreements | Maximum

Allocation of purchase price

Useful life of intangible assets

21 years

Internally developed software | Minimum

Allocation of purchase price

Useful life of intangible assets

3 years

Internally developed software | Maximum

Allocation of purchase price

Useful life of intangible assets

10 years

Non-competition agreements | Minimum

Allocation of purchase price

Useful life of intangible assets

2 years

Non-competition agreements | Maximum

Allocation of purchase price

Useful life of intangible assets

4 years

Card Processing | Minimum

Allocation of purchase price

Useful life of equipment

3 years

Card Processing | Maximum

Allocation of purchase price

Useful life of equipment

5 years

Office equipment | Minimum

Allocation of purchase price

Useful life of equipment

3 years

Office equipment | Maximum

Allocation of purchase price

Useful life of equipment

5 years

Computer software

Allocation of purchase price

Useful life of equipment

3 years

Delego Software

Allocation of purchase price

Deferred tax liability

$ (3,116)

Other assets (liabilities), net

590

Goodwill

22,628

Total purchase price

$ 32,415

Percentage of interest acquired

100.00%

Total consideration transferred

$ 42.6

$ 32,400

Delego Software | Purchased software

Allocation of purchase price

Finite-lived intangible assets

$ 8,513

Useful life of intangible assets

7 years

Delego Software | Customer relationships

Allocation of purchase price

Finite-lived intangible assets

$ 2,964

Useful life of intangible assets

15 years

Delego Software | Tradename

Allocation of purchase price

Useful life of intangible assets

2 years

Delego Software | Trademarks

Allocation of purchase price

Finite-lived intangible assets

$ 836

SF Systems

Allocation of purchase price

Goodwill

$ 2,400

Percentage of interest acquired

100.00%

Total consideration transferred

$ 5,000

Upfront payment

4,000

Holdback liability

$ 1,000

Liability repayment period

18 months

SF Systems | Purchased software

Allocation of purchase price

Finite-lived intangible assets

$ 2,600

Useful life of intangible assets

5 years

Way 2 Pay Ltd

Allocation of purchase price

Liabilities assumed

$ 600

Percentage of interest acquired

100.00%

Total consideration transferred

€ 3

$ 3,400

Upfront payment | €

2.7

Holdback liability | €

€ 0.3

Liability repayment period

18 months

Useful life of intangible assets

5 years

Way 2 Pay Ltd | Purchased software

Allocation of purchase price

Finite-lived intangible assets

$ 4,000

ClearONE

Allocation of purchase price

Percentage of interest acquired

100.00%

Total consideration transferred

€ 5.4

$ 6,300

ClearONE | Trademarks

Allocation of purchase price

Useful life of intangible assets

5 years

ClearONE | Merchant contract portfolios

Allocation of purchase price

Useful life of intangible assets

5 years

ClearONE | Internally developed software

Allocation of purchase price

Useful life of intangible assets

5 years

ClearONE | Non-competition agreements | Minimum

Allocation of purchase price

Useful life of intangible assets

2 years

ClearONE | Non-competition agreements | Maximum

Allocation of purchase price

Useful life of intangible assets

3 years

ClearONE | Card Processing | Minimum

Allocation of purchase price

Useful life of equipment

3 years

ClearONE | Card Processing | Maximum

Allocation of purchase price

Useful life of equipment

5 years

Federated

Allocation of purchase price

Tangible assets acquired

$ 1,702

Finite-lived intangible assets

12,600

Deferred tax liability

(1,357)

Goodwill

33,677

Total purchase price

46,622

Total consideration transferred

38,200

Acquisition related costs

400

Other disclosures:

Book value of the investment

Gain on acquisition of unconsolidated investee

8,400

Federated | Trademarks

Allocation of purchase price

Finite-lived intangible assets

$ 1,200

Useful life of intangible assets

5 years

Federated | Merchant contract portfolios

Allocation of purchase price

Finite-lived intangible assets

$ 11,400

Useful life of intangible assets

10 years

Federated US

Allocation of purchase price

Percentage of interest acquired

67.00%

Federated Canada

Allocation of purchase price

Percentage of interest acquired

100.00%

Nodus Technologies, Inc

Allocation of purchase price

Percentage of interest acquired

100.00%

Total consideration transferred

$ 18,000

Nodus Technologies, Inc | Merchant contract portfolios

Allocation of purchase price

Useful life of intangible assets

15 years

Nodus Technologies, Inc | Internally developed software

Allocation of purchase price

Useful life of intangible assets

10 years

Nodus Technologies, Inc | Non-competition agreements

Allocation of purchase price

Useful life of intangible assets

3 years

Nodus Technologies, Inc | Office equipment | Minimum

Allocation of purchase price

Useful life of equipment

5 years

Nodus Technologies, Inc | Office equipment | Maximum

Allocation of purchase price

Useful life of equipment

7 years

Nodus Technologies, Inc | Computer software

Allocation of purchase price

Useful life of intangible assets

3 years

Nodus Technologies, Inc | Computer software | Trademarks

Allocation of purchase price

Useful life of intangible assets

20 years

Liberbank, S.A

Allocation of purchase price

Total consideration transferred

€ 7.9

$ 9,500

Liberbank, S.A | Trademarks

Allocation of purchase price

Useful life of intangible assets

15 years

Liberbank, S.A | Merchant contract portfolios

Allocation of purchase price

Useful life of intangible assets

5 years

Liberbank, S.A | Marketing alliance agreements

Allocation of purchase price

Useful life of intangible assets

15 years

Liberbank, S.A | Card Processing

Allocation of purchase price

Useful life of equipment

3 years

Nationwide Payment Solutions, LLC

Allocation of purchase price

Percentage of interest acquired

38.00%

Contingent consideration

$ 3,800

Reduction to members' deficit

$ 20,100

Reduction to nonredeemable non-controlling interest

600

Upfront payment

$ 16,900

EVO Payments International Corp. - Canada

Allocation of purchase price

Percentage of interest acquired

30.00%

Contingent consideration

$ 900

Reduction to members' deficit

400

Reduction to nonredeemable non-controlling interest

$ 500

Leases - Other (Details)

Leases - Other (Details) - USD ($) $ in Thousands	12 Months Ended
Leases - Other (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jan. 01, 2019
Operating Leases:
Operating lease right-of-use assets	$ 45,664
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Operating lease right-of-use assets	Operating lease right-of-use assets
Current portion of operating lease liabilities	$ 7,087
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Current portion of operating lease liabilities	Current portion of operating lease liabilities
Noncurrent portion of operating lease liabilities	$ 41,703
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Noncurrent portion of operating lease liabilities	Noncurrent portion of operating lease liabilities
Total operating lease liabilities	$ 48,790
Weighted-average remaining lease term	7 years 9 months 15 days
Weighted-average discount rate used in the measurement of our lease liabilities	6.67%	6.62%
Operating lease costs	$ 12,100
Variable lease costs	2,300
Cash paid for amounts included in the measurement of operating lease liabilities	9,400
Operating lease liabilities from obtaining new or modified right-of-use assets	$ 18,000
ASU 2016-02 \| Restatement Adjustment
Operating Leases:
Operating lease right-of-use assets		$ 35,555
Current portion of operating lease liabilities		6,601
Noncurrent portion of operating lease liabilities		31,627
Total operating lease liabilities		$ 38,228

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Details) $ in Thousands	Dec. 31, 2019USD ($)
Maturities of Lease Liabilities
2020	$ 9,878
2021	9,291
2022	8,966
2023	6,723
2024	5,815
2025 and thereafter	22,823
Total future minimum lease payments (undiscounted)	63,496
Less: present value discount	(14,706)
Present value of lease liability	$ 48,790

Leases - Future minimum lease p

Leases - Future minimum lease payments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Minimum annual lease payments
2019	$ 7,944
2020	6,967
2021	5,962
2022	4,851
2023	2,787
2024 and thereafter	13,875
Total	42,386
Rent expense	$ 15,400	$ 12,600

Equipment and Improvements (Det

Equipment and Improvements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Equipment and Improvements
Equipment and improvements, Gross Totals	$ 246,261	$ 236,295
Less accumulated depreciation	(155,323)	(136,947)
Foreign currency translation adjustment	3,526	3,698
Totals	94,464	103,046
Depreciation
Depreciation expense	42,600	38,500	$ 29,100
Decrease in equipment and improvements	27,800	9,800
Decrease in accumulated depreciation	24,800	8,500
Card Processing
Equipment and Improvements
Equipment and improvements, Gross Totals	137,190	128,244
Office equipment
Equipment and Improvements
Equipment and improvements, Gross Totals	42,561	41,771
Computer software
Equipment and Improvements
Equipment and improvements, Gross Totals	$ 42,621	44,373
Estimated useful lives	3 years
Leasehold improvements
Equipment and Improvements
Equipment and improvements, Gross Totals	$ 17,870	16,234
Furniture and fixtures
Equipment and Improvements
Equipment and improvements, Gross Totals	$ 6,019	$ 5,673
Minimum \| Card Processing
Equipment and Improvements
Estimated useful lives	3 years
Minimum \| Office equipment
Equipment and Improvements
Estimated useful lives	3 years
Minimum \| Furniture and fixtures
Equipment and Improvements
Estimated useful lives	5 years
Maximum \| Card Processing
Equipment and Improvements
Estimated useful lives	5 years
Maximum \| Office equipment
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	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Intangible assets with finite lives:
Net	$ 257,560	$ 286,267
Accumulated impairment losses	(13,101)	(14,627)	$ 0
Total intangible assets, net	257,560	290,139
Amortization expense related to intangible assets	49,400	48,700	$ 45,000
Trademarks
Intangible assets with finite lives:
Gross carrying value	18,499	18,499
Accumulated impairment losses	(18,499)	(14,627)
Net		3,872
Merchant contract portfolios and customer relationships
Intangible assets with finite lives:
Gross carrying value	296,033	293,069
Accumulated amortization	(163,358)	(139,159)
Accumulated impairment losses	(7,089)	(5,658)
Foreign currency translation adjustment	(26,347)	(27,975)
Net	99,239	120,277
Marketing alliance agreements
Intangible assets with finite lives:
Gross carrying value	191,879	191,879
Accumulated amortization	(59,545)	(47,777)
Accumulated impairment losses	(11,920)	(7,585)
Foreign currency translation adjustment	(17,468)	(18,634)
Net	102,946	117,883
Trademarks
Intangible assets with finite lives:
Gross carrying value	29,493	28,657
Accumulated amortization	(13,129)	(10,748)
Accumulated impairment losses	(2,631)
Foreign currency translation adjustment	(4,600)	(4,446)
Net	9,133	13,463
Internally developed software
Intangible assets with finite lives:
Gross carrying value	84,060	60,876
Accumulated amortization	(26,042)	(15,794)
Accumulated impairment losses	(10,190)	(9,324)
Foreign currency translation adjustment	(2,110)	(2,260)
Net	45,718	33,498
Non-competition agreements
Intangible assets with finite lives:
Gross carrying value	6,462	6,462
Accumulated amortization	(5,938)	(5,316)
Net	$ 524	$ 1,146

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Estimated amortization expense (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Estimated amortization expense
2020	$ 48,280
2021	41,337
2022	34,431
2023	27,259
2024	17,884
2025 and thereafter	88,369
Total	$ 257,560	$ 286,267

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Net intangible assets by segment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Intangible assets, net
Total intangible assets, net	$ 257,560	$ 290,139
Americas
Intangible assets, net
Total intangible assets, net	179,243	192,444
Americas \| Trademarks
Intangible assets, net
Total intangible assets, net		3,872
Americas \| Merchant contract portfolios and customer relationships
Intangible assets, net
Total intangible assets, net	74,791	88,141
Americas \| Marketing alliance agreements
Intangible assets, net
Total intangible assets, net	72,272	76,590
Americas \| Trademarks
Intangible assets, net
Total intangible assets, net	2,994	2,585
Americas \| Internally developed software
Intangible assets, net
Total intangible assets, net	28,697	20,167
Americas \| Non-competition agreements
Intangible assets, net
Total intangible assets, net	489	1,089
Europe
Intangible assets, net
Total intangible assets, net	78,317	97,695
Europe \| Merchant contract portfolios and customer relationships
Intangible assets, net
Total intangible assets, net	24,448	32,136
Europe \| Marketing alliance agreements
Intangible assets, net
Total intangible assets, net	30,674	41,293
Europe \| Trademarks
Intangible assets, net
Total intangible assets, net	6,139	10,878
Europe \| Internally developed software
Intangible assets, net
Total intangible assets, net	17,021	13,331
Europe \| Non-competition agreements
Intangible assets, net
Total intangible assets, net	$ 35	$ 57

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Goodwill activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill, Roll forward
Goodwill, gross, at the beginning of the year		$ 377,302	$ 335,969
Accumulated impairment losses		(24,291)	(24,291)
Goodwill, net, at the beginning of the year	$ 353,011	311,678
Business combinations	25,070	48,300
Foreign currency translation adjustment	757	(6,967)
Goodwill, net, at the end of the year	378,838	353,011
Americas
Goodwill, Roll forward
Goodwill, gross, at the beginning of the year		240,837	196,126
Goodwill, net, at the beginning of the year	240,837	196,126
Business combinations	25,030	44,664
Foreign currency translation adjustment	2,182	47
Goodwill, net, at the end of the year	268,049	240,837
Europe
Goodwill, Roll forward
Goodwill, gross, at the beginning of the year		136,465	139,843
Accumulated impairment losses		(24,291)	$ (24,291)
Goodwill, net, at the beginning of the year	112,174	115,552
Business combinations	40	3,636
Foreign currency translation adjustment	(1,425)	(7,014)
Goodwill, net, at the end of the year	$ 110,789	$ 112,174

Other Assets (Detail)

Other Assets (Detail) - Visa Europe € in Millions, $ in Millions	Jun. 21, 2016EUR (€)	Jun. 21, 2016USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Other Assets
Gain on the sale of membership interest	€ 64	$ 72.4
Proceeds from sale of membership interest, cash consideration	47	53.2
Visa Series C preferred stock
Other Assets
Proceeds from sale of membership interest, non cash consideration	€ 12.9	$ 14.7
Preferred stock fair value			$ 37.8	$ 25
Convertible preferred stock, conversion period (in years)	12 years	12 years
Deferred cash consideration
Other Assets
Proceeds from sale of membership interest, non cash consideration	€ 4.1	$ 4.6
Discount rate	2.20%	2.20%

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accounts Payable and Accrued Expenses
Compensation and related benefits	$ 18,460	$ 22,280
Third-party processing and payment network fees	36,409	37,702
Trade payables	11,571	44,581
Taxes payable	18,556	16,292
Commissions payable to third parties and agents	15,030	13,141
Unearned revenue	4,309	4,579
Other	19,328	22,641
Total accounts payable and accrued expenses	$ 123,663	$ 161,216

Related Party Transactions - Re

Related Party Transactions - Related party balances (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Related party balances:
Receivables from sale of POS devices and peripherals		$ 303
Receivables from related companies	$ 1,125	1,568
Due from related parties, current	1,125	1,871
Note receivable, long term	0	915
Due from related parties, long term		915
Liabilities to related companies	7,325	4,824
Due to related parties, current	7,325	4,824
ISO commission reserve	385	385
Due to related parties, long term	$ 385	$ 385

Related Party Transactions - Tr

Related Party Transactions - Transactions (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended			24 Months Ended
	Sep. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Aug. 31, 2018
Related Party Transactions
Receivables from related companies		$ 1,125	$ 1,568		$ 1,125
Note receivable, long term		0	915		0
Liabilities to related companies		7,325	4,824		7,325
Lease liabilities		48,790			48,790
Board Chairman and/or relatives
Related Party Transactions
Proceeds from sale of business	$ 15,500
Members of EVO, LLC
Related Party Transactions
Receivables from related companies		0	700		0
Minority held affiliates
Related Party Transactions
Receivables from related companies		1,100	800		1,100
Liabilities to related companies		5,500	3,000		5,500
Lease liabilities		300			300
Unconsolidated investees
Related Party Transactions
Liabilities to related companies		1,800	1,700		1,800
MDP
Related Party Transactions
Expenses with related parties				$ 5,700
MDP \| Maximum
Related Party Transactions
Expenses with related parties		100	100
Federated US
Related Party Transactions
Revenue from related parties			400	500
Percentage of interest acquired						67.00%
Federated US \| Board Chairman and/or relatives
Related Party Transactions
Ownership interest (as a percent)						33.33%
Federated Canada
Related Party Transactions
Expenses with related parties			5,800	8,600
Percentage of interest acquired						100.00%
Federated Canada \| Board Chairman and/or relatives
Related Party Transactions
Ownership interest (as a percent)						33.33%
Relative of Chairman
Related Party Transactions
Expenses with related parties		500	600	200
NFP
Related Party Transactions
Expenses with related parties		300	300	400
515 Broadhollow, LLC
Related Party Transactions
Lease liabilities		4,100			4,100
Sublease Income					$ 100
Commission Expense
Related Party Transactions
Expenses with related parties		20,000	32,200	38,600
Sale of Equipment and Services
Related Party Transactions
Revenue from related parties		400	400	500
Treasury, Payroll, Tax Preparation and Other Services \| Blueapple
Related Party Transactions
Expenses with related parties		$ 200	200	$ 200
Satisfaction of Obligation to Pay Commissions \| Blueapple
Related Party Transactions
Expenses with related parties			$ 2,400

Income taxes - Schedule of Dome

Income taxes - Schedule of Domestic and Foreign (loss) Income Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Taxes
Domestic	$ (66,850)	$ (122,699)	$ (76,255)
Foreign	48,032	34,293	60,495
Loss before income taxes	$ (18,818)	$ (88,406)	$ (15,760)

Income taxes - Schedule of Inco

Income taxes - Schedule of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current:
Foreign	$ 14,515	$ 12,735	$ 4,711
Federal	338	146	306
State	61	(43)	57
Total current income tax expense	14,914	12,838	5,074
Deferred:
Foreign	(9,262)	4,217	11,294
Federal	(973)	(5,821)	220
State	(131)	(790)
Total deferred income tax expense	(10,366)	(2,394)	11,514
Totals	$ 4,548	$ 10,444	$ 16,588

Income taxes - Schedule of Effe

Income taxes - Schedule of Effective Income Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective income tax rate reconciliation
Federal statutory rate (as a percent)	21.00%	21.00%
State franchise taxes (as a percent)	(10.90%)	1.00%	(0.40%)
Foreign tax rate differential (as a percent)	(0.90%)
Increase in U.S. valuation allowance	(13.60%)
Non-Controlling Interest (as a percent)	(11.50%)	(14.10%)
Other Miscellaneous Permanent Differences (as a percent)	9.90%	(0.30%)
Remeasurement of deferred tax assets (as a percent)	11.40%
Undistributed earnings of foreign subsidiaries (as a percent)	43.60%	(2.60%)	(17.90%)
U.S. federal tax related to foreign effectively connected income	(1.20%)	(0.20%)	(3.10%)
Effective tax rate (as a percent)	(24.20%)	(11.80%)	(105.20%)
Mexico
Effective income tax rate reconciliation
Income tax provision (as a percent)	(47.70%)	(6.30%)	(29.60%)
Poland
Effective income tax rate reconciliation
Income tax provision (as a percent)	(21.80%)	(5.90%)	(29.20%)
Spain
Effective income tax rate reconciliation
Income tax provision (as a percent)	(0.10%)	(3.90%)	(23.20%)
Other Foreign
Effective income tax rate reconciliation
Income tax provision (as a percent)	(2.40%)	(0.50%)	(1.80%)

Income taxes - Components of De

Income taxes - Components of Deferred Tax Items (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets
U.S. net operating losses	$ 8,897	$ 4,499
U.S. interest limitation	2,558	1,591
Partnership basis adjustment	170,274	54,599
Other partnership basis items	18,651	8,253
Foreign net operating losses	4,417	20,850
Foreign intangibles	663	2,627
Foreign accrued expenses and other temporary differences	7,302	4,330
Deferred tax assets, gross	212,762	96,749
Valuation allowance	(8,152)	(21,379)	$ (15,934)	$ (11,534)
Deferred tax asset	204,610	75,370
Deferred tax liabilities:
Acquisition related intangibles	(6,463)	(3,811)
Accrued tax on unremitted earnings		(8,399)
Foreign equipment and improvements	(5,132)	(4,383)
Deferred tax liability	(11,595)	(16,593)
Deferred tax asset, Net	$ 193,015	$ 58,777

Income taxes - Schedule of Valu

Income taxes - Schedule of Valuation Allowance Associated with the Deferred Tax Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Valuation Allowance
Beginning balance	$ 21,379	$ 15,934	$ 11,534
Additions / Reductions		5,445	4,400
Ending balance	8,152	$ 21,379	$ 15,934
2019 Addition for U.S. interest limitation
Income Tax Valuation Allowance
Additions / Reductions	2,558
2019 Additions to other deferred tax assets in foreign jurisdictions
Income Tax Valuation Allowance
Additions / Reductions	1,477
Reduction resulting from reassessments of available foreign net operating loss carryover
Income Tax Valuation Allowance
Additions / Reductions	$ (17,262)

Income taxes - Schedule of Net

Income taxes - Schedule of Net Operating Losses Carryforwards by Country and Years (Detail) $ in Thousands	Dec. 31, 2019USD ($)
United States
Income taxes
Operating loss carryforwards	$ 39,379
Ireland
Income taxes
Operating loss carryforwards	13,026
Gibraltar
Income taxes
Operating loss carryforwards	8,621
Czech Republic
Income taxes
Operating loss carryforwards	4,245
Germany
Income taxes
Operating loss carryforwards	$ 3,414

Long-Term Debt and Lines of C_3

Long-Term Debt and Lines of Credit - Credit Facility (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 14, 2018	May 25, 2018	May 31, 2018	Sep. 30, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Apr. 03, 2018	Oct. 24, 2017	Dec. 22, 2016
Long-term debt
Amount of deferred finance cost recognized						$ 9,965	$ 12,985
Repayment of debt						$ 580,795	$ 853,487	$ 868,990
Deferred purchase price
Long-term debt
Repayment of debt				$ 57,400
Total debt amount					$ 70,000
Interest rate (as a percent)					5.00%
Quarterly principal payments					$ 5,000
Proceeds from the IPO and funds drawn from the revolving credit facility				$ 4,800
Senior Secured Credit Facilities \| Credit Facility \| Prime rate
Long-term debt
Effective interest rate (as a percent)						6.50%
Senior Secured Credit Facilities \| Credit Facility \| LIBOR
Long-term debt
Effective interest rate (as a percent)						4.56%
First lien senior secured credit facility
Long-term debt
Maximum borrowing capacity											$ 670,000
Quarterly principal payments	$ 1,600
First lien senior secured credit facility \| Credit Facility
Long-term debt
Maximum borrowing capacity										$ 135,000	100,000
Amount of deferred finance cost recognized		$ 1,200
Increase in face amount		65,000
Total debt amount		$ 200,000
First lien senior secured credit facility \| Term loan
Long-term debt
Additional capacity									$ 95,000
Maximum borrowing capacity									665,000		570,000
Amount of deferred finance cost recognized									$ 900
Effective interest rate (as a percent)						5.06%
Second lien senior secured credit facility \| Term loan
Long-term debt
Maximum borrowing capacity											$ 175,000
Repayment of debt			$ 178,200
Accrued interest paid			1,500
Prepayment penalty			$ 1,800

Long-Term Debt and Lines of C_4

Long-Term Debt and Lines of Credit - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Jun. 14, 2018	Apr. 03, 2018
Long-term debt
Long term debt gross	$ 707,762
Less debt issuance costs	(9,965)	$ (12,985)
Total long-term debt	701,913	684,056
Less current portion of long-term debt, including accrued interest of $4.1 million and $0.6 million as of December 31, 2019 and 2018, respectively	(8,744)	(7,191)
Total long-term debt, long-term portion	693,169	676,865
Accrued interest	4,100	600
First lien senior secured credit facility \| Term loan
Long-term debt
Long term debt gross	650,891	654,775
Less debt issuance costs				$ (900)
First lien senior secured credit facility \| Credit Facility
Long-term debt
Long term debt gross	$ 60,987	$ 42,266
Less debt issuance costs			$ (1,200)

Long-Term Debt and Lines of C_5

Long-Term Debt and Lines of Credit - Principal payment requirements (Details) $ in Thousands	Dec. 31, 2019USD ($)
Principal payment requirements:
2020	$ 6,593
2021	6,593
2022	6,593
2023	687,983
Total	$ 707,762

Long-Term Debt and Lines of C_6

Long-Term Debt and Lines of Credit - Settlement Lines of Credit (Details) € in Millions, zł in Millions, Kč in Millions, $ in Millions

Jan. 31, 2019USD ($)

Sep. 06, 2018CZK (Kč)

Dec. 19, 2017USD ($)

Dec. 01, 2017USD ($)

Jun. 10, 2016CZK (Kč)

Feb. 26, 2016CZK (Kč)

Aug. 31, 2015PLN (zł)

Dec. 31, 2019USD ($)

Jun. 25, 2019USD ($)

Jun. 08, 2019CZK (Kč)

May 12, 2019EUR (€)

Dec. 31, 2018USD ($)

Nov. 12, 2018EUR (€)

May 29, 2018USD ($)

Aug. 31, 2015USD ($)

Minimum

Long-term debt

Weighted-average interest rate

4.30%

Maximum

Long-term debt

Weighted-average interest rate

4.50%

Credit Facility | Raiffeisen Bank Polska S.A

Long-term debt

Maximum borrowing capacity | Kč

Kč 400

Effective interest rate (as a percent)

2.55%

Increases borrowing capacity

$ 420

Percentage of amended margin rate

1.00%

Loan amounts drawn under the facility

$ 11.9

$ 14.9

Credit Facility | PKO Bank

Long-term debt

Increases borrowing capacity | Kč

Kč 300.6

Credit Facility | Deutsche Bank A.G.

Long-term debt

Maximum borrowing capacity

$ 35

Borrowing capacity under the credit facility expressed as a percentage of eligible settlement receivables due

95.00%

Loan amounts drawn under the facility

$ 2.6

$ 17.8

Credit Facility | Wells Fargo Bank N.A.

Long-term debt

Maximum borrowing capacity

$ 20

$ 15

Effective interest rate (as a percent)

5.75%

6.50%

Borrowing capacity under the credit facility expressed as a percentage of eligible settlement receivables due

90.00%

Increases borrowing capacity

$ 20

Loan amounts drawn under the facility

$ 11.4

Credit Facility | Banco Santander, S.A

Long-term debt

Maximum borrowing capacity | €

€ 10

Credit Facility | Banco Nacional de Mexico, S.A

Long-term debt

Maximum borrowing capacity

$ 10

Increases borrowing capacity | €

€ 35

Loan amounts drawn under the facility

$ 0

Interest rate (as a percent)

7.53%

Credit Facility | CZK | Raiffeisen Bank Polska S.A

Long-term debt

Effective interest rate (as a percent)

3.00%

Credit Facility | Prague Interbank Offered Rate | CZK | Raiffeisen Bank Polska S.A

Long-term debt

Basis spread on variable rate (as a percent)

0.80%

Credit Facility | EONIA | EUR | Raiffeisen Bank Polska S.A

Long-term debt

Basis spread on variable rate (as a percent)

0.80%

Credit Facility | LIBOR | GBP | Raiffeisen Bank Polska S.A

Long-term debt

Basis spread on variable rate (as a percent)

0.80%

Credit Facility | LIBOR | USD | Raiffeisen Bank Polska S.A

Long-term debt

Basis spread on variable rate (as a percent)

0.80%

Credit Facility | Prime rate | Deutsche Bank A.G.

Long-term debt

Basis spread on variable rate (as a percent)

1.50%

Credit Facility | Prime rate | Wells Fargo Bank N.A.

Long-term debt

Basis spread on variable rate (as a percent)

1.00%

Overdraft facility | Bank BGZ BNP Paribas S.A

Long-term debt

Maximum borrowing capacity | zł

zł 20

Threshold amount for determining basis spread on variable rate | zł

zł 10

Loan amounts drawn under the facility

$ 2.9

Interest rate (as a percent)

2.34%

Overdraft facility | PKO Bank

Long-term debt

Maximum borrowing capacity | Kč

Kč 239.1

Effective interest rate (as a percent)

3.35%

3.14%

Loan amounts drawn under the facility

$ 6.9

$ 6.1

Overdraft facility | Deutsche Bank A.G.

Long-term debt

Effective interest rate (as a percent)

6.25%

7.00%

Overdraft facility | PKO Bank Polski

Long-term debt

Maximum borrowing capacity | Kč

Kč 100

Effective interest rate (as a percent)

3.60%

3.38%

Loan amounts drawn under the facility

$ 0.3

$ 0.1

Overdraft facility | Banco Santander, S.A

Long-term debt

Interest rate (as a percent)

3.00%

Overdraft facility | WIBOR | Drawdowns below 10 million | Bank BGZ BNP Paribas S.A

Long-term debt

Basis spread on variable rate (as a percent)

0.70%

Overdraft facility | WIBOR | Drawdowns above 10 million | Bank BGZ BNP Paribas S.A

Long-term debt

Basis spread on variable rate (as a percent)

1.25%

Overdraft facility | Prague Interbank Offered Rate | PKO Bank

Long-term debt

Basis spread on variable rate (as a percent)

1.25%

Overdraft facility | Prague Interbank Offered Rate | PKO Bank Polski

Long-term debt

Basis spread on variable rate (as a percent)

1.50%

Supplemental Cash Flows Infor_3

Supplemental Cash Flows Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Supplemental disclosure of cash flow data:
Interest paid	$ 38,531	$ 48,305	$ 53,723
Income taxes paid	10,860	7,025	12,305
Supplemental disclosure of non-cash investing and financing activities:
Contingent consideration and acquisition holdback payable	1,337	7,485	3,564
Contingent consideration settled with the issuance of Class A common stock		$ 771
Deferred purchase price			$ 71,200
Exchanges of Class C and Class D common stock for Class A common stock	$ 37,533

Redeemable Non-controlling In_3

Redeemable Non-controlling Interests (Details) - USD ($) $ in Thousands	Dec. 31, 2019	May 23, 2018	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2017
Redeemable Non-controlling Interests
Beginning balance		$ 148,266	$ 689,569	$ 1,010,093	$ 100,530
Net income attributable to redeemable non-controlling interest				(6,712)	5,465
Legacy accumulated deficit allocation		(150,485)
Legacy AOCI allocation		(39,404)
Distributions				(9,475)	(3,376)
Ending balance	$ 1,052,448	689,569	1,010,093	$ 1,052,448	$ 148,266
eService
Redeemable Non-controlling Interests
Ownership interest (as a percent)	66.00%			66.00%
Beginning balance				$ 124,107
Net income attributable to redeemable non-controlling interest		1,291	4,914	7,855
Gain (loss) on OCI		(2,104)	(2,368)	(470)
Increase (decrease) in the maximum redemption amount			(19,741)	28,173
Distributions		(3,770)	(2,380)	(9,475)
Ending balance	$ 150,190		124,107	$ 150,190
eService \| PKO Bank Polski
Redeemable Non-controlling Interests
Ownership interest of noncontrolling owners (as a percent)	14.00%			14.00%
Blueapple
Redeemable Non-controlling Interests
Beginning balance				$ 885,986
Net income attributable to redeemable non-controlling interest			(39,129)	(14,567)
Gain (loss) on OCI			(3,935)	242
Loss on defined benefit plan revaluation			(192)	(1)
Increase (decrease) in the maximum redemption amount		$ 735,775	374,616	93,845
Allocation of fair value adjustment			8,739	(11,957)
Ending balance	$ 902,258		$ 885,986	902,258
Blueapple \| Class B Common Stock
Redeemable Non-controlling Interests
Purchase of Blueapple Class B common stock in connection with secondary offerings				(48,447)
Decrease in maximum redemption amount in connection with purchase of Blueapple Class B common stock				$ (2,843)
EVO LLC
Redeemable Non-controlling Interests
Ownership interest (as a percent)	50.20%			50.20%

Fair Value - Summary (Details)

Fair Value - Summary (Details) - Recurring - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value
Cash equivalents	$ 7,715	$ 106,164
Contingent consideration	(2,300)	(8,189)
Total	(1,047,033)	(912,118)
Blueapple
Fair Value
Redeemable non-controlling interest	(902,258)	(885,986)
eService
Fair Value
Redeemable non-controlling interest	(150,190)	(124,107)
Level 1
Fair Value
Cash equivalents	7,715	106,164
Total	(894,543)	(779,822)
Level 1 \| Blueapple
Fair Value
Redeemable non-controlling interest	(902,258)	(885,986)
Level 3
Fair Value
Contingent consideration	(2,300)	(8,189)
Total	(152,490)	(132,296)
Level 3 \| eService
Fair Value
Redeemable non-controlling interest	$ (150,190)	$ (124,107)

Fair Value - Other (Details)

Fair Value - Other (Details) - eService	12 Months Ended
Fair Value - Other (Details) - eService	Dec. 31, 2019
Income Approach
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)	75.00%
Market Approach
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)	25.00%
Weighted Average Cost of Capital
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)	14.00%
Minimum \| Growth Rate
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)	3.00%
Maximum \| Growth Rate
Fair Value
Redeemable non-controlling interest, measurement input (as a percent)	10.00%

Segment Information - Informati

Segment Information - Information on segments & reconciliations (Details) - USD ($) $ in Thousands	3 Months Ended								7 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Information
Revenue	$ 129,380	$ 122,363	$ 122,517	$ 111,518	$ 150,823	$ 144,758	$ 140,891	$ 128,282		$ 485,778	$ 564,754	$ 504,750
Segment profit										(18,818)	(88,406)	(15,760)
Depreciation and amortization										(92,059)	(87,184)	(74,136)
Net interest expense										(41,139)	(57,540)	(61,387)
Provision for income tax expense										(4,548)	(10,444)	(16,588)
Share-based compensation expense										(10,921)	(55,519)
Net loss attributable to EVO Investco, LLC												(40,242)
Less: Net loss attributable to non-controlling interests of EVO Investco, LLC										21,138	90,834
Net loss attributable to EVO Payments, Inc.	$ (3,434)	$ (1,844)	$ 463	$ (5,290)	$ (4,036)	$ (27,389)	$ 16,713		$ (14,712)	(10,105)	(14,712)
Capital expenditures										36,808	48,751	42,021
Operating
Segment Information
Segment profit										151,906	146,572	137,601
Corporate
Segment Information
Segment profit										(34,482)	(41,431)	(25,732)
Americas
Segment Information
Revenue										303,840
Capital expenditures										19,973	18,901	13,893
Americas \| Operating
Segment Information
Revenue										303,840	320,481	299,034
Segment profit										96,587	85,377	82,759
Europe
Segment Information
Revenue										181,938
Capital expenditures										16,835	29,850	28,128
Europe \| Operating
Segment Information
Revenue										181,938	244,273	205,716
Segment profit										$ 55,319	$ 61,195	$ 54,842

Segment Information - Revenue f

Segment Information - Revenue from external customers (Detail) - Sales Revenue - Geographic Concentration Risk	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
United States
Revenue from external customers
Revenue from external customers as a percentage of total revenue	40.20%	36.10%	37.90%
Mexico
Revenue from external customers
Revenue from external customers as a percentage of total revenue	20.10%	20.10%	20.40%
Poland
Revenue from external customers
Revenue from external customers as a percentage of total revenue	17.80%	24.10%	21.50%

Shareholder's Equity - Organiza

Shareholder's Equity - Organization structure (Details)	May 23, 2018Vote
Class A Common Stock
Shareholders' Equity
Number of votes per share	1
Executive Officers \| Class C Common Stock
Shareholders' Equity
Number of votes per share	3.5
Blueapple \| Class B Common Stock
Shareholders' Equity
Percentage of combined voting power	15.90%
MDP \| Current and Former Employees \| Class D Common Stock
Shareholders' Equity
Number of votes per share	1

Stock Compensation Plans and _3

Stock Compensation Plans and Share-Based Compensation Awards - Share based compensation expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	May 22, 2018
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 10,921	$ 55,519
Income tax benefit	$ (987)	$ (3,347)
2018 Plan \| Class A Common Stock
Stock Compensation Plans and Share-Based Compensation Awards
Shares reserved for issuance			7,792,162

Stock Compensation Plans and _4

Stock Compensation Plans and Share-Based Compensation Awards - Awards, UAR, RSA (Details) $ / shares in Units, $ in Thousands	May 25, 2018employee$ / shares	May 23, 2018USD ($)	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense \| $			$ 10,921	$ 55,519
Class D awards
Stock Compensation Plans and Share-Based Compensation Awards
Fair value (in dollars per share)	$ 16
Share-based compensation expense \| $		$ 0		$ 42,800
Number of employees or former employees who held awards \| employee	15
Number outstanding
Vested (in shares) \| shares				(2,672,666)
RSAs
Stock Compensation Plans and Share-Based Compensation Awards
Fair value (in dollars per share)	$ 16
Share-based compensation expense \| $		$ 0	300	$ 9,200
Unrecognized compensation expense \| $			100	300
Number of employees or former employees who held awards \| employee	35
Total fair value of share based awards vested \| $			$ 500	$ 9,000
Number outstanding
Balance at beginning of period (in shares) \| shares			42,000
Granted (in shares) \| shares				607,000
Vested (in shares) \| shares			(32,000)	(564,000)
Forfeited (in shares) \| shares			(2,000)	(1,000)
Balance at end of period (in shares) \| shares			8,000	42,000
Weighted average grant date fair value
Balance at beginning of period (in dollars per share)			$ 16
Granted (in dollars per share)				$ 16
Vested (in dollars per share)			16	16
Forfeited (in dollars per share)			16	16
Balance at end of period (in dollars per share)			$ 16	$ 16

Stock Compensation Plans and _5

Stock Compensation Plans and Share-Based Compensation Awards - RSU (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 10,921	$ 55,519
RSUs
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	4,800	1,400
Unrecognized compensation expense	$ 15,600	$ 6,900
Vesting period	4 years
Weighted average period outstanding for unvested RSUs	2 years 10 months 24 days	3 years 3 months 18 days
Total fair value of share based awards vested	$ 2,300	$ 0
Number outstanding
Balance at beginning of period (in shares)	506
Granted (in shares)	550	527
Vested (in shares)	(140)
Forfeited (in shares)	(40)	(21)
Balance at end of period (in shares)	876	506
Weighted average grant date fair value
Balance at beginning of period (in dollars per share)	$ 16.30
Granted (in dollars per share)	26.28	$ 16.29
Vested (in dollars per share)	16.37
Forfeited (in dollars per share)	22.01	16
Balance at end of period (in dollars per share)	$ 22.30	$ 16.30

Stock Compensation Plans and _6

Stock Compensation Plans and Share-Based Compensation Awards - Stock Options (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 10,921	$ 55,519
Weighted average exercise price
Aggregate Intrinsic Value, Exercised	785
Stock options
Stock Compensation Plans and Share-Based Compensation Awards
Share-based compensation expense	$ 5,800	$ 2,100
Number outstanding
Balance at beginning of period (in shares)	2,086
Granted (in shares)	1,485	2,179
Forfeited (in shares)	(140)	(93)
Exercised (in shares)	(62)
Balance at end of period (in shares)	3,369	2,086
Exercisable at end of period (in shares)	448
Weighted average grant date fair value
Balance at beginning of period (in dollars per share)	$ 6.77
Granted (in dollars per share)	9.46	$ 7.06
Forfeited (in dollars per share)	8.11	6.68
Exercised (in dollars per share)	6.78
Balance at end of period (in dollars per share)	7.90	6.77
Exercisable at end of period (in dollars per share)	6.75
Weighted average exercise price
Balance at beginning of period (in dollars per share)	16.22
Granted (in dollars per share)	26.27	16.93
Forfeited (in dollars per share)	20.99	16
Exercised (in dollars per share)	16.25
Balance at end of period (in dollars per share)	20.46	$ 16.22
Exercisable at end of period (in dollars per share)	$ 16.17
Weighted average remaining contractual term (in years)	8 years 9 months 7 days	9 years 4 months 28 days
Exercisable at Weighted average remaining contractual term (in years)	8 years 4 months 24 days
Aggregate Intrinsic Value	$ 20,312	$ 17,631
Aggregate Intrinsic Value, Exercisable Options	$ 4,585
Other disclosures
Weighted average period outstanding for unvested stock options	2 years 9 months 18 days	3 years 4 months 24 days
Unrecognized compensation expense	$ 19,100	$ 12,000
Vesting period	4 years
Expiration period	10 years

Stock Compensation Plans and _7

Stock Compensation Plans and Share-Based Compensation Awards - Fair Value Assumptions (Details) - Stock options - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Assumptions used in estimating grant date fair values
Expected life (in years)	7 years	7 years
Weighted average risk free interest rate (as a percent)	2.44%	3.02%
Expected volatility (as a percent)	29.04%	33.98%
Dividend yield (as a percent)	0.00%	0.00%
Weighted average fair value at grant date	9.46	7.06

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Employee Benefit Plans
Contribution amount	$ 1.8	$ 1.6	$ 1.3

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								7 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Selected Quarterly Financial Data (Unaudited)
Revenue	$ 129,380	$ 122,363	$ 122,517	$ 111,518	$ 150,823	$ 144,758	$ 140,891	$ 128,282		$ 485,778	$ 564,754	$ 504,750
Income (loss) from operations	8,337	7,758	8,596	(8,364)	(5,600)	9,519	(45,973)	4,269		16,327	(37,785)	45,163
Net (loss) income	(3,170)	(5,004)	3,827	(19,019)	(19,280)	(23,878)	(40,667)	$ (15,025)		(23,366)	(98,850)	$ (32,348)
Net loss (income) attributable to EVO Payments, Inc.	$ (3,434)	$ (1,844)	$ 463	$ (5,290)	$ (4,036)	$ (27,389)	$ 16,713		$ (14,712)	$ (10,105)	$ (14,712)
Earnings (loss) per share
Basic (in dollars per share)	$ (0.09)	$ (0.05)	$ 0.01	$ (0.20)	$ (0.16)	$ (1.51)	$ 0.97		$ (0.70)	$ (0.31)	$ (0.70)
Diluted (in dollars per share)	$ (0.09)	$ (0.05)	$ 0.01	$ (0.20)	$ (0.16)	$ (1.51)	$ 0.96		$ (0.70)	$ (0.31)	$ (0.70)

Schedule I - Condensed Statemen

Schedule I - Condensed Statements of Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Due from related parties	$ 1,125	$ 1,871
Other current assets	12,867	11,817
Total current assets	696,165	691,348
Deferred tax asset, net	210,275	72,296
Other	21,360	21,879
Total assets	1,706,404	1,534,387
Liabilities and Shareholders' deficit
Accrued expenses	110,079	112,281
Total current liabilities	629,224	643,378
Tax receivable agreement obligations, inclusive of related party liability of $141.1 million and $40.7 million at December 31, 2019 and 2018, respectively.	150,274	47,221
Other long-term liabilities	1,830	2,924
Total liabilities	1,536,603	1,386,976
Shareholders' deficit:
Additional paid-in capital		178,176
Accumulated deficit	(587,358)	(223,799)
Accumulated other comprehensive loss	(1,948)	(2,993)
Total deficit	(589,299)	(48,608)
Total liabilities and deficit	1,706,404	1,534,387
Class A Common Stock
Shareholders' deficit:
Common stock	4	3
Class B Common Stock
Shareholders' deficit:
Common stock	3	4
Class C Common Stock
Shareholders' deficit:
Common stock
Class D Common Stock
Shareholders' deficit:
Common stock		1
Reportable Legal Entities \| Parent Company
Assets
Due from related parties	1,518
Other current assets	75
Total current assets	1,593
Deferred tax asset, net	197,822	68,941
Other	106
Total assets	199,521	68,941
Liabilities and Shareholders' deficit
Accrued expenses	1,817
Total current liabilities	1,817
Tax receivable agreement obligations, inclusive of related party liability of $141.1 million and $40.7 million at December 31, 2019 and 2018, respectively.	150,274	47,221
Net deficit in investment in a subsidiary	636,623	70,328
Other long-term liabilities	106
Total liabilities	788,820	117,549
Shareholders' deficit:
Additional paid-in capital		178,176
Accumulated deficit	(587,358)	(223,799)
Accumulated other comprehensive loss	(1,948)	(2,993)
Total deficit	(589,299)	(48,608)
Total liabilities and deficit	199,521	68,941
Reportable Legal Entities \| Parent Company \| Class A Common Stock
Shareholders' deficit:
Common stock	4	3
Reportable Legal Entities \| Parent Company \| Class B Common Stock
Shareholders' deficit:
Common stock	$ 3	4
Reportable Legal Entities \| Parent Company \| Class D Common Stock
Shareholders' deficit:
Common stock		$ 1

Schedule I - Condensed Statem_2

Schedule I - Condensed Statements of Balance Sheets (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Condensed Financial Information
Tax receivable agreement, related party	$ 141.1	$ 40.7
Class A Common Stock
Shareholders'/members' 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)	41,233,954	26,025,189
Common stock shares outstanding (in shares)	41,233,954	26,025,189
Class B Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock shares authorized (in shares)	40,000,000	40,000,000
Common stock shares issued (in shares)	34,163,538	35,913,538
Common stock shares outstanding (in shares)	34,163,538	35,913,538
Class C Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock shares authorized (in shares)	4,000,000	4,000,000
Common stock shares issued (in shares)	2,321,955	2,461,055
Common stock shares outstanding (in shares)	2,321,955	2,461,055
Class D Common Stock
Shareholders'/members' 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)	4,354,978	16,785,552
Common stock shares outstanding (in shares)	4,354,978	16,785,552
Parent Company \| Class B Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock shares authorized (in shares)	40,000,000	40,000,000
Common stock shares issued (in shares)	34,163,538	35,913,538
Common stock shares outstanding (in shares)	34,163,538	35,913,538
Parent Company \| Class C Common Stock
Shareholders'/members' equity (deficit):
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock shares authorized (in shares)	4,000,000	4,000,000
Common stock shares issued (in shares)	2,321,955	2,461,055
Common stock shares outstanding (in shares)	2,321,955	2,461,055
Parent Company \| Class D Common Stock
Shareholders'/members' 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)	4,354,978	16,785,552
Common stock shares outstanding (in shares)	4,354,978	16,785,552
Reportable Legal Entities \| Parent Company
Condensed Financial Information
Tax receivable agreement, related party	$ 141.1	$ 40.7
Reportable Legal Entities \| Parent Company \| Class A Common Stock
Shareholders'/members' 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)	41,233,954	26,025,189
Common stock shares outstanding (in shares)	41,233,954	26,025,189

Schedule I - Condensed Statem_3

Schedule I - Condensed Statements of Operations and Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended								7 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Condensed Financial Information
Net revenue	$ 129,380	$ 122,363	$ 122,517	$ 111,518	$ 150,823	$ 144,758	$ 140,891	$ 128,282		$ 485,778	$ 564,754	$ 504,750
Operating expenses:
Cost of services and products										96,365	189,375	164,480
Selling, general, and administrative										267,926	311,353	220,971
Total operating expenses										469,451	602,539	459,587
Income (loss) from operations	8,337	7,758	8,596	(8,364)	(5,600)	9,519	(45,973)	$ 4,269		16,327	(37,785)	45,163
Other (expense) income:
Interest expense										(44,011)	(59,759)	(62,876)
Loss from investment in unconsolidated investee										560	1,513	941
Other income (expense)										5,434	(2,998)	(477)
Total other expense										(35,145)	(50,621)	(60,923)
Loss before income taxes										(18,818)	(88,406)	(15,760)
Income tax benefit (expense)										(4,548)	(10,444)	(16,588)
Net (loss) income										(23,366)	(98,850)	(32,348)
Net loss attributable to EVO Payments, Inc.	$ (3,434)	$ (1,844)	$ 463	$ (5,290)	$ (4,036)	$ (27,389)	$ 16,713		$ (14,712)	(10,105)	(14,712)
Comprehensive (loss) income:
Net (loss) income										(23,366)	(98,850)	(32,348)
Other comprehensive income (loss)										324	(18,773)	70,447
Comprehensive income (loss) attributable to EVO Investco, LLC										(9,297)	(17,026)
Reportable Legal Entities \| Parent Company
Operating expenses:
Cost of services and products												2
Selling, general, and administrative										6,903	8,107	1,308
Total operating expenses										6,903	8,107	1,310
Income (loss) from operations										(6,903)	(8,107)	(1,310)
Other (expense) income:
Interest expense												(211)
Loss from investment in unconsolidated investee										(12,180)	(45,060)	(38,635)
Other income (expense)										8,362	7,095	(36)
Total other expense										(3,818)	(37,965)	(38,882)
Loss before income taxes										(10,721)	(46,072)	(40,192)
Income tax benefit (expense)										616	6,709	(50)
Net (loss) income										(10,105)	(39,363)	(40,242)
Net loss attributable to EVO Payments, Inc.										10,105	14,712
Comprehensive (loss) income:
Net (loss) income										(10,105)	(39,363)	(40,242)
Unrealized loss on defined benefit pension plan, net of tax										(2)	(59)	530
Unrealized loss on foreign currency translation adjustment, net of tax										810	(8,599)	59,255
Other comprehensive income (loss)										808	(8,658)	59,785
Comprehensive loss attributable to EVO Payments, Inc.										(9,297)	(48,021)	$ 19,543
Comprehensive income (loss) attributable to EVO Investco, LLC										$ (9,297)	$ (17,026)

Schedule I - Condensed Statem_4

Schedule I - Condensed Statements of Operations and Comprehensive Income (Loss) (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Comprehensive loss:
Unrealized (loss) gain on foreign currency translation adjustment, tax	$ 0.1	$ 0.7
Maximum
Comprehensive loss:
Unrealized (loss) gain on defined benefit pension plan, tax	0.1	0.1
Reportable Legal Entities \| Parent Company
Comprehensive loss:
Unrealized (loss) gain on foreign currency translation adjustment, tax	0.2	0.7
Reportable Legal Entities \| Parent Company \| Maximum
Comprehensive loss:
Unrealized (loss) gain on defined benefit pension plan, tax	$ 0.1	$ 0.1

Schedule I - Condensed Statem_5

Schedule I - Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net cash provided by operating activities	$ 27,889	$ 201,998	$ 8,210
Cash flows from investing activities:
Net cash used in investing activities	(76,643)	(125,565)	(58,116)
Cash flows from financing activities:
Repayments of long-term debt	(580,795)	(853,487)	(868,990)
IPO proceeds, net of underwriter fees		231,500
Proceeds from the secondary offerings	381,619	190,894
Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the secondary offerings	(362,635)	(165,927)
Cash received from option exercises	1,010
Repurchases of shares to satisfy minimum tax withholding	(1,819)	(795)
Contributions by members			71,250
Distribution to members			(1,726)
Net cash provided by financing activities	3,920	80,643	38,471
Effect of exchange rate changes on cash and cash equivalents	(1,774)	(11,521)	13,253
Net (decrease) increase in cash and cash equivalents	(46,608)	145,555	1,818
Cash and cash equivalents, beginning of year	350,697	205,142	203,324
Cash and cash equivalents, end of year	304,089	350,697	205,142
Reportable Legal Entities \| Parent Company
Cash flows from operating activities:
Change in operating assets and liabilities, net			(4,369)
Net cash provided by operating activities			(4,369)
Cash flows from investing activities:
Investment in unconsolidated investee	(18,175)	(225,672)
Net cash used in investing activities	(18,175)	(225,672)
Cash flows from financing activities:
Repayments of long-term debt			(65,208)
IPO proceeds, net of underwriter fees		231,500
Proceeds from the secondary offerings	381,619	190,894
Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the secondary offerings	(362,635)	(165,927)
Cash received from option exercises	1,010
Repurchases of shares to satisfy minimum tax withholding	(1,819)	(795)
Contributions by members			71,250
Distribution to members			(1,726)
Net cash provided by financing activities	$ 18,175	255,672	4,316
Net (decrease) increase in cash and cash equivalents			(53)
Cash and cash equivalents, beginning of year		$ 127	180
Cash and cash equivalents, end of year			$ 127

Schedule I - Basis of Presentat

Schedule I - Basis of Presentation and Distributions (Details) - Parent Company - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Distributions	$ 0	$ 0	$ 0
EVO LLC
Ownership interest (as a percent)	50.20%

Schedule I - Long-term debt and

Schedule I - Long-term debt and credit facilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Jun. 14, 2018	Apr. 03, 2018
Long-term debt and credit facilities
Long term debt gross	$ 707,762
Deferred financing costs	(9,965)	$ (12,985)
Total long-term debt	701,913	684,056
Settlement lines of credit	33,103	41,819
First lien senior secured credit facility \| Term loan
Long-term debt and credit facilities
Long term debt gross	650,891	654,775
Deferred financing costs				$ (900)
First lien senior secured credit facility \| Credit Facility
Long-term debt and credit facilities
Long term debt gross	60,987	42,266
Deferred financing costs			$ (1,200)
Reportable Legal Entities \| Parent Company
Long-term debt and credit facilities
Debt held by company	0	0
Reportable Legal Entities \| Subsidiaries
Long-term debt and credit facilities
Deferred financing costs	(9,965)	(12,985)
Total long-term debt	701,913	684,056
Settlement lines of credit	33,103	41,819
Reportable Legal Entities \| Subsidiaries \| First lien senior secured credit facility \| Term loan
Long-term debt and credit facilities
Long term debt gross	650,891	654,775
Reportable Legal Entities \| Subsidiaries \| First lien senior secured credit facility \| Credit Facility
Long-term debt and credit facilities
Long term debt gross	$ 60,987	$ 42,266

SCHEDULE II Valuation and Qua_2

SCHEDULE II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 380
Additions: Charged to Costs and Expenses	3,926	$ 2,169
Deductions	(570)	(1,789)
Balance at End of Period	3,736	380
Deferred income tax asset valuation allowance
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	21,379	15,934	$ 11,534
Additions: Charged to Costs and Expenses	4,035	5,643	4,401
Deductions	(17,262)	(198)	(1)
Balance at End of Period	$ 8,152	$ 21,379	$ 15,934