XML 36 R25.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2025
SEGMENT INFORMATION [ABSTRACT]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables present certain financial data by segment (in thousands). The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

Three Months Ended March 31, 2025

TTEC Engage

TTEC Digital

Total

Revenue

$

426,188

$

108,040

$

534,228

Cost of services (exclusive of depreciation and amortization presented separately below) (1)

342,162

72,385

414,547

Selling, general and administrative

47,483

22,554

70,037

Depreciation and amortization

16,206

6,492

22,698

Other segment items(2)

2,012

745

2,757

Income from operations

18,325

5,864

24,189

Interest income

4,580

Interest expense

(19,797)

Other income (expense), net

3,589

Income before income taxes

12,561

Three Months Ended March 31, 2024

TTEC Engage

TTEC Digital

Total

Revenue

$

464,607

$

112,031

$

576,638

Cost of services (exclusive of depreciation and amortization presented separately below) (1)

375,009

78,809

453,818

Selling, general and administrative

51,288

23,287

74,575

Depreciation and amortization

18,095

7,050

25,145

Other segment items(2)

792

(403)

389

Income from operations

19,423

3,288

22,711

Interest income

983

Interest expense

(21,071)

Other income (expense), net

206

Income before income taxes

2,829

(1) Cost of services primarily includes employee related and technology costs.

(2) Other segment items include impairment losses and restructuring charges.

Three Months Ended 

March 31,

2025

    

2024

    

Capital Expenditures

TTEC Digital

$

2,106

 

$

1,787

 

TTEC Engage

 

3,300

 

11,686

Total

$

5,406

 

$

13,473

 

March 31, 2025

    

December 31, 2024

Total Assets

TTEC Digital

$

769,068

 

$

776,099

TTEC Engage

 

957,168

 

977,281

Total

$

1,726,236

 

$

1,753,380

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

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

Three Months Ended March 31,

    

2025

    

2024

    

Revenue

United States / Canada

$

369,029

$

386,916

 

Philippines / Asia Pacific / India

 

91,254

 

120,465

Europe / Middle East / Africa

 

47,549

 

38,844

Latin America

 

26,396

 

30,413

Total

$

534,228

 

$

576,638