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Consolidated and Condensed Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Service revenues $ 362,187 [1] $ 314,334 [1] $ 703,728 [1] $ 606,972 [1]
Reimbursable expenses 16,576 12,273 28,211 22,618
Total gross revenues 378,763 326,607 731,939 629,590
Operating expenses:        
Project personnel expenses 246,386 212,213 490,955 419,635
Reimbursable expenses 16,576 12,273 28,211 22,618
Total project personnel expenses and reimbursable expenses 262,962 224,486 519,166 442,253
Selling and marketing expenses 15,172 12,953 30,757 24,703
General and administrative expenses 59,548 53,696 117,505 107,875
Restructuring and other related charges (benefits) 1,871 (31) 1,864 1,983
Amortization of purchased intangible assets 3,822 3,263 7,041 6,920
Acquisition costs and other related charges (benefits) 46 (1,284) 428 (384)
Impairment of intangible asset 0 0 0 1,494
Total operating expenses 343,421 293,083 676,761 584,844
Income from operations 35,342 33,524 55,178 44,746
Interest income 2,053 1,570 4,009 3,076
Interest expense (820) (666) (1,488) (1,360)
Other income, net 101 296 471 356
Income before income taxes 36,676 34,724 58,170 46,818
Provision for income taxes 13,431 11,972 21,336 18,197
Net income 23,245 22,752 36,834 28,621
Less: Net loss attributable to noncontrolling interest (41) (41) (77) (87)
Net income attributable to stockholders of Sapient Corporation $ 23,286 $ 22,793 $ 36,911 $ 28,708
Basic net income per share attributable to stockholders of Sapient Corporation (in dollars per share) $ 0.16 $ 0.16 $ 0.26 $ 0.21
Diluted net income per share attributable to stockholders of Sapient Corporation (in dollars per share) $ 0.16 $ 0.16 $ 0.26 $ 0.20
Weighted average common shares (in shares) 141,850 138,791 141,135 138,112
Weighted average dilutive common share equivalents (in shares) 2,202 4,110 2,652 4,446
Weighted average common shares and dilutive common share equivalents (in shares) 144,052 142,901 143,787 142,558
[1] Allocation of service revenues to individual countries is based on the location of the Sapient legal entity that contracts with the client.