Other Income, net

12 Months Ended

Dec. 31, 2018

Other Nonoperating Income (Expense) [Abstract]

Other Income, net consists of the following:



	Year ended December 31,
	2018		2017		2016
Interest and dividend income	$	1,873	$	1,625	$	1,673
Gain on sale and mark-to-market of mutual funds	9,970		8,766		8,087
Change in fair value of earn-out consideration	—		—		4,060
Others, net	1,146		968		1,315
Other income, net	$	12,989	$	11,359	$	15,135

Effective January 1, 2018, the Company adopted ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Post-retirement Benefit Cost. Pursuant to this, the Company retrospectively included only the service cost component of the net periodic benefit cost in the same line item or items on the 2017 and 2016 consolidated statements of income as other compensation costs arising from services rendered by the respective employees during the period. The interest cost, expected return on plan assets and amortization of actuarial (gain)/loss, have been reclassified from “Cost of revenues”, “General and administrative expenses” and “Selling and marketing expenses” to “Other income, net”. Refer to Note 21 and Note 27 to the consolidated financial statements for details.