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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Revenues, net $ 1,122,293 $ 958,434 $ 991,346
Cost of revenues [1] 690,934 623,936 655,490
Gross profit [1] 431,359 334,498 335,856
Operating expenses:      
General and administrative expenses 142,040 113,891 126,909
Selling and marketing expenses 84,306 60,123 71,842
Depreciation and amortization expense 49,132 50,462 51,981
Impairment and restructuring charges 0 0 8,671
Total operating expenses 275,478 224,476 259,403
Income from operations 155,881 110,022 76,453
Foreign exchange gain, net 4,313 4,432 3,752
Interest expense (7,561) (11,190) (13,612)
Other income, net 6,773 12,065 16,507
Loss on settlement of convertible notes (12,845) 0 0
Income before income tax expense and earnings from equity affiliates 146,561 115,329 83,100
Income tax expense 31,850 25,626 15,172
Income before earnings from equity affiliates 114,711 89,703 67,928
(Gain)/loss from equity-method investment 47 (227) (269)
Net income attributable to ExlService Holdings, Inc. stockholders $ 114,758 $ 89,476 $ 67,659
Earnings per share attributable to ExlService Holdings, Inc. stockholders:      
Basic (in dollars per share) $ 3.42 $ 2.61 $ 1.97
Diluted (in dollars per share) $ 3.35 $ 2.59 $ 1.95
Weighted-average number of shares used in computing earnings per share attributable to ExlService Holdings Inc. stockholders:      
Basic (in shares) 33,549,275 34,273,388 34,350,150
Diluted (in shares) 34,244,478 34,555,164 34,732,683
[1] Exclusive of depreciation and amortization expense.