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Segment & Geographical Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Revenues and Cost of Revenues for Company's Reportable Segments
Revenues and cost of revenues for each of the years ended December 31, 2017, 2016 and 2015, for each of the reportable segments, are as follows:
 
Year ended December 31, 2017
 
Insurance
 
Healthcare
 
TT&L
 
F&A
 
All Other
 
Analytics
 
Total
 

 

 

 

 

 

 

Revenues, net
$
234,794

 
$
77,013

 
$
70,951

 
$
86,527

 
$
83,082

 
$
209,943

 
$
762,310

Cost of revenues (exclusive of depreciation and amortization)
159,529

 
49,483

 
41,409

 
51,445

 
56,697

 
137,023

 
495,586

Gross profit
$
75,265

 
$
27,530

 
$
29,542

 
$
35,082

 
$
26,385

 
$
72,920

 
$
266,724

Operating expenses
 
 
 
 
 
 
 
 
 
 
 
 
194,499

Foreign exchange gain, interest expense and other income, net
 
 
 
 
 
 
 
 
 
 
 
 
12,809

Income tax expense
 
 
 
 
 
 
 
 
 
 
 
 
36,146

Net income
 
 
 
 
 
 
 
 
 
 
 
 
$
48,888


 
Year ended December 31, 2016
 
Insurance
 
Healthcare
 
TT&L
 
F&A
 
All Other
 
Analytics
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues, net
$
206,327

 
$
68,656

 
$
69,366

 
$
79,416

 
$
96,489

 
$
165,734

 
$
685,988

Cost of revenues (exclusive of depreciation and amortization)
146,203

 
44,098

 
41,962

 
48,302

 
61,050

 
106,341

 
447,956

Gross profit
$
60,124

 
$
24,558

 
$
27,404

 
$
31,114

 
$
35,439

 
$
59,393

 
$
238,032

Operating expenses
 
 
 
 
 
 
 
 
 
 
 
 
173,810

Foreign exchange gain, interest expense and other income, net
 
 
 
 
 
 
 
 
 
 
 
 
19,662

Income tax expense
 
 
 
 
 
 
 
 
 
 
 
 
22,151

Net income
 
 
 
 
 
 
 
 
 
 
 
 
$
61,733


 
Year ended December 31, 2015
 
Insurance
 
Healthcare
 
TT&L
 
F&A
 
All Other
 
Analytics
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues, net
$
199,878

 
$
55,209

 
$
62,264

 
$
78,504

 
$
110,486

 
$
122,151

 
$
628,492

Cost of revenues (exclusive of depreciation and amortization)
134,196

 
37,224

 
37,506

 
46,846

 
68,307

 
78,838

 
402,917

Gross profit
$
65,682

 
$
17,985

 
$
24,758

 
$
31,658

 
$
42,179

 
$
43,313

 
$
225,575

Operating expenses
 
 
 
 
 
 
 
 
 
 
 
 
158,232

Foreign exchange gain, interest expense and other income, net
 
 
 
 
 
 
 
 
 
 
 
 
8,433

Income tax expense
 
 
 
 
 
 
 
 
 
 
 
 
24,211

Net income
 
 
 
 
 
 
 
 
 
 
 
 
$
51,565




Net revenues of the Company by service type, were as follows:

Year ended December 31,

2017
 
2016
 
2015
BPM and related services (1)
$
552,367

 
$
520,254

 
$
506,341

Analytics services
209,943

 
165,734

 
122,151

Total
$
762,310

 
$
685,988

 
$
628,492



(1) BPM and related services include revenues of the Company's five industry-focused operating segments, one capability operating segment and the consulting operating segment, which provides services related to operations management services.
Revenues Based on Geographical Information
The Company attributes the revenues to regions based upon the location of its customers.
 
Year ended December 31,
 
2017
 
2016
 
2015
Revenues, net
 
 
 
 
 
United States
$
626,336

 
$
554,945

 
$
496,418

Non-United States
 
 
 
 
 
United Kingdom
108,640

 
109,905

 
108,868

Rest of World
27,334

 
21,138

 
23,206

Total Non-United States
135,974

 
131,043

 
132,074

 
$
762,310

 
$
685,988

 
$
628,492

Property and Equipment, Net Based on Geographical Information
Property and equipment, net by geographic area, are as follows:
 
As of
 
December 31, 2017
 
December 31, 2016
Property and equipment, net
 
 
 
India
$
39,143

 
$
23,362

United States
16,371

 
10,809

Philippines
8,217

 
11,900

Rest of World
3,026

 
2,958

 
$
66,757

 
$
49,029