XML 20 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenues, net $ 883,112,000 $ 762,310,000 [1] $ 685,988,000 [1]
Cost of revenues 584,855,000 [1],[2] 495,142,000 [1],[2] 447,718,000
Gross profit [2] 298,257,000 267,168,000 [1] 238,270,000 [1]
Operating expenses:      
General & administrative expenses 116,202,000 [1] 102,515,000 [1] 88,616,000
Selling & marketing expenses 63,612,000 [1] 53,379,000 [1] 50,579,000
Depreciation and amortization 48,566,000 38,549,000 [1] 34,580,000
Impairment charges 20,056,000 0 [1],[3] 0 [1],[3]
Total operating expenses [1] 248,436,000 194,443,000 173,775,000
Income from operations 49,821,000 72,725,000 [1] 64,495,000 [1]
Foreign exchange gain, net 4,787,000 2,839,000 [1] 5,597,000 [1]
Interest expense (7,227,000) (1,889,000) [1] (1,343,000) [1]
Other income, net 12,989,000 [1] 11,359,000 [4] 15,135,000 [4]
Income before income tax expense 60,370,000 85,034,000 [1] 83,884,000 [1]
Income tax expense 3,397,000 36,146,000 [1] 22,151,000 [1]
Loss from equity-method investment 247,000 0 [1],[3] 0 [1],[3]
Net income attributable to ExlService Holdings, Inc. stockholders $ 56,726,000 $ 48,888,000 [1],[3] $ 61,733,000 [1],[3]
Earnings per share attributable to ExlService Holdings, Inc. stockholders:      
Basic (in dollars per share) $ 1.65 $ 1.44 [1] $ 1.84 [1]
Diluted (in dollars per share) $ 1.62 $ 1.39 [1] $ 1.79 [1]
Weighted-average number of shares used in computing earnings per share:      
Basic (in shares) 34,451,008 33,897,916 [1] 33,566,367 [1]
Diluted (in shares) 35,030,984 35,110,210 [1] 34,563,319 [1]
[1] Adjusted pursuant to adoption of ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Post-retirement Benefit Cost. Refer to Note 21 and Note 27 to the consolidated financial statements.
[2] Exclusive of depreciation and amortization.
[3] Adjusted pursuant to adoption of ASU 2016-18, Statements of Cash Flows, Restricted Cash. Refer to Note 8 and Note 27 to the consolidated financial statements.
[4] These are reclassified to net income and are included in other income, net in the consolidated statements of income. Refer to Note 21 to the consolidated financial statements.