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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues, net $ 346,782 $ 275,064 $ 675,990 $ 536,479
Cost of revenues [1] 221,207 170,701 428,723 329,522
Gross profit [1] 125,575 104,363 247,267 206,957
Operating expenses:        
General and administrative expenses 40,434 36,499 80,379 67,202
Selling and marketing expenses 23,985 19,724 48,155 37,959
Depreciation and amortization expense 14,075 12,310 27,677 24,411
Total operating expenses 78,494 68,533 156,211 129,572
Income from operations 47,081 35,830 91,056 77,385
Foreign exchange gain, net 1,423 1,353 3,179 1,787
Interest expense (1,502) (2,520) (2,378) (4,994)
Other income/(loss), net (174) 2,215 2,237 3,625
Income before income tax expense and earnings from equity affiliates 46,828 36,878 94,094 77,803
Income tax expense 11,125 8,865 22,327 17,823
Income before earnings from equity affiliates 35,703 28,013 71,767 59,980
Gain/(loss) from equity-method investment 143 8 257 (28)
Net income attributable to ExlService Holdings, Inc. stockholders $ 35,846 $ 28,021 $ 72,024 $ 59,952
Earnings per share attributable to ExlService Holdings, Inc. stockholders:        
Basic (in dollars per share) $ 1.07 $ 0.83 $ 2.15 $ 1.78
Diluted (in dollars per share) $ 1.06 $ 0.81 $ 2.13 $ 1.75
Weighted-average number of shares used in computing earnings per share attributable to ExlService Holdings Inc. stockholders:        
Basic (in shares) 33,403,411 33,571,074 33,422,618 33,652,146
Diluted (in shares) 33,830,539 34,389,768 33,862,597 34,353,593
[1] Exclusive of depreciation and amortization expense.