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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2020
SEGMENT INFORMATION [ABSTRACT]  
SEGMENT INFORMATION

(3)SEGMENT INFORMATION

The Company reports the following two segments:

●TTEC Digital designs, builds and delivers tech-enabled, insight-based and outcome-driven customer experience solutions through our professional services and suite of technology offerings. These solutions are critical to enabling and accelerating digital transformation for our clients.
oTechnology Services:  Our technology services design, integrate and operate highly scalable, digital omnichannel technology solutions in the cloud, on premise, or hybrid, including journey orchestration, automation and AI, knowledge management, and workforce productivity.
oProfessional Services:  Our management consulting practices deliver customer experience strategy, analytics, process optimization, and learning and performance services.
●TTEC Engage provides the essential technologies, human resources, infrastructure and processes to operate customer care, acquisition, and fraud detection and prevention services.
oCustomer Acquisition Services:  Our customer growth and acquisition services optimize the buying journeys for acquiring new customers by leveraging technology and analytics to deliver personal experiences that increase the quantity and quality of leads and customers.
oCustomer Care Services:  Our customer care services provide turnkey contract center solutions, including digital omnichannel technologies, associate recruiting and training, facilities, and operational expertise to create exceptional customer experiences across all touchpoints.
oFraud Prevention Services:  Our digital fraud detection and prevention services proactively identify and prevent fraud and provide community content moderation and compliance.

The Company allocates to each segment its portion of corporate operating expenses. All intercompany transactions between the reported segments for the periods presented have been eliminated.

The following tables present certain financial data by segment (in thousands):

Three Months Ended June 30, 2020

​

​

​

​

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​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

​

    

​

​

    

​

​

    

Depreciation

    

Income

 

​

​

Gross

​

Intersegment

​

Net

​

&

​

from

 

​

​

Revenue

​

Sales

​

Revenue

​

Amortization

​

Operations

 

TTEC Digital

​

$

77,168

​

$

(25)

​

$

77,143

​

$

3,278

​

$

14,376

​

TTEC Engage

​

 

375,938

​

 

—

​

 

375,938

​

 

15,382

​

 

34,586

​

Total

​

$

453,106

​

$

(25)

​

$

453,081

​

$

18,660

​

$

48,962

​

​

Three Months Ended June 30, 2019

​

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​

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​

​

​

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​

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​

​

​

​

    

​

​

    

​

​

    

​

​

    

Depreciation

    

Income

 

​

​

Gross

​

Intersegment

​

Net

​

&

​

from

 

​

​

Revenue

​

Sales

​

Revenue

​

Amortization

​

Operations

 

TTEC Digital

​

$

78,580

​

$

(61)

​

$

78,519

​

$

3,235

​

$

7,709

​

TTEC Engage

​

 

313,996

​

 

—

​

 

313,996

​

 

13,815

​

 

15,164

​

Total

​

$

392,576

​

$

(61)

​

$

392,515

​

$

17,050

​

$

22,873

​

​

Six Months Ended June 30, 2020

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​

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​

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​

​

    

Depreciation

    

Income

 

​

​

Gross

​

Intersegment

​

Net

​

&

​

from

 

​

​

Revenue

​

Sales

​

Revenue

​

Amortization

​

Operations

 

TTEC Digital

​

$

154,949

​

$

(250)

​

$

154,699

​

$

6,566

​

$

24,634

​

TTEC Engage

​

 

730,595

​

 

—

​

 

730,595

​

 

30,966

​

 

65,044

​

Total

​

$

885,544

​

$

(250)

​

$

885,294

​

$

37,532

​

$

89,678

​

​

Six Months Ended June 30, 2019

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​

​

​

​

    

​

​

    

​

​

    

​

​

    

Depreciation

    

Income

 

​

​

Gross

​

Intersegment

​

Net

​

&

​

from

​

​

​

Revenue

​

Sales

​

Revenue

​

Amortization

​

Operations

​

TTEC Digital

​

$

144,621

​

$

(249)

​

$

144,372

​

$

5,543

​

$

15,468

​

TTEC Engage

​

 

642,499

​

​

—

​

 

642,499

​

 

28,250

​

 

39,497

​

Total

​

$

787,120

​

$

(249)

​

$

786,871

​

$

33,793

​

$

54,965

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended 

​

Six Months Ended 

​

​

​

June 30,

​

June 30,

​

​

​

2020

    

2019

    

2020

    

2019

 

Capital Expenditures

​

​

​

​

​

​

​

​

​

​

​

​

​

TTEC Digital

​

$

2,888

 

$

5,655

 

$

5,326

 

$

9,396

​

TTEC Engage

​

 

12,214

​

 

9,573

​

 

26,589

​

 

19,032

​

Total

​

$

15,102

 

$

15,228

 

$

31,915

 

$

28,428

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​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

    

December 31, 2019

​

Total Assets

​

​

​

​

​

​

​

​

TTEC Digital

​

​

$

287,237

 

$

238,081

​

TTEC Engage

​

​

 

1,479,752

​

 

1,138,707

​

Total

​

​

$

1,766,989

 

$

1,376,788

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

    

December 31, 2019

​

Goodwill

​

​

​

​

​

​

​

​

TTEC Digital

​

​

$

74,817

 

$

66,275

​

TTEC Engage

​

​

 

232,322

​

 

235,419

​

Total

​

​

$

307,139

 

$

301,694

​

​

​

​

​

​

​

​

​

​

​

The following table presents revenue based upon the geographic location where the services are provided (in thousands):

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​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

​

    

2020

    

2019

    

2020

    

2019

​

Revenue

​

​

​

​

​

​

​

​

​

​

​

​

​

United States

​

$

312,310

​

$

235,733

 

$

589,988

​

$

472,700

​

Philippines

​

 

79,269

​

 

91,401

​

 

170,373

​

 

184,580

​

Latin America

​

 

23,352

​

 

25,054

​

 

48,450

​

 

49,190

​

Europe / Middle East / Africa

​

​

17,361

​

 

15,610

​

 

34,304

​

 

31,651

​

Asia Pacific / India

​

 

13,725

​

 

14,155

​

 

28,893

​

 

26,980

​

Canada

​

 

7,064

​

 

10,562

​

 

13,286

​

 

21,770

​

Total

​

$

453,081

 

$

392,515

​

$

885,294

​

$

786,871

​

​

​

​

​

​

​

​

​

​

​

​

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​