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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Revenues, net $ 329,208 $ 261,415
Cost of revenues [1] 207,516 158,821
Gross profit [1] 121,692 102,594
Operating expenses:    
General and administrative expenses 39,945 30,703
Selling and marketing expenses 24,170 18,235
Depreciation and amortization expense 13,602 12,101
Total operating expenses 77,717 61,039
Income from operations 43,975 41,555
Foreign exchange gain, net 1,756 434
Interest expense (876) (2,474)
Other income, net 2,411 1,410
Income before income tax expense and earnings from equity affiliates 47,266 40,925
Income tax expense 11,202 8,958
Income before earnings from equity affiliates 36,064 31,967
Gain/(loss) from equity-method investment 114 (36)
Net income attributable to ExlService Holdings, Inc. stockholders $ 36,178 $ 31,931
Earnings per share attributable to ExlService Holdings, Inc. stockholders:    
Basic (in dollars per share) $ 1.08 $ 0.95
Diluted (in dollars per share) $ 1.07 $ 0.93
Weighted-average number of shares used in computing earnings per share attributable to ExlService Holdings Inc. stockholders:    
Basic (in shares) 33,442,038 33,734,118
Diluted (in shares) 33,894,868 34,318,318
[1] Exclusive of depreciation and amortization expense.