Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share:

	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Numerators:
Net income	$	39,095	$	26,507	$	111,119	$	86,459
Denominators:
Basic weighted average common shares outstanding	33,237,833		33,449,311		33,360,346		33,583,791
Dilutive effect of share-based awards	539,916		440,378		473,291		371,145
Dilutive effect of conversion premium on the Notes	—		416,204		—		382,014
Diluted weighted average common shares outstanding	33,777,749		34,305,893		33,833,637		34,336,950
Earnings per share attributable to ExlService Holdings Inc. stockholders:
Basic	$	1.18	$	0.79	$	3.33	$	2.57
Diluted	$	1.16	$	0.77	$	3.28	$	2.52
Weighted average potentially dilutive shares considered anti-dilutive and not included in computing diluted earnings per share	936		40,384		673		14,044