Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments (Tables)

v3.19.3
Equity Method Investments (Tables)
9 Months Ended
Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Financial Information for Equity Method Investments
The following is the summarized balance sheet information for these equity method investments on an aggregated basis as of September 30, 2019 and December 31, 2018 (in thousands):
 
September 30, 2019
 
December 31, 2018
Current assets
$
47,134

 
$
40,224

Non-current assets
25,973

 
26,115

Current liabilities
18,556

 
15,880

Non-current liabilities
2,935

 
2,581


Following is the summarized results of operations information for these equity method investments on an aggregated basis for the three and nine months ended September 30, 2019 and 2018 (in thousands):    
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Revenue
$
41,021

 
$
35,690

 
$
110,610

 
$
100,596

Net income
8,809

 
7,440

 
23,651

 
17,538


The carrying values of the Company’s equity interests in WMS and Santander as of September 30, 2019 and December 31, 2018 were as follows (in thousands):
 
September 30, 2019
 
December 31, 2018
Carrying value in our equity method investments
$
81,514

 
$
83,135