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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues, net $ 400,643 $ 329,208
Cost of revenues [1] 251,469 207,516
Gross profit [1] 149,174 121,692
Operating expenses:    
General and administrative expenses 46,746 39,945
Selling and marketing expenses 29,493 24,170
Depreciation and amortization expense 13,487 13,602
Total operating expenses 89,726 77,717
Income from operations 59,448 43,975
Foreign exchange gain, net 105 1,756
Interest expense (3,385) (876)
Other income, net 3,155 2,411
Income before income tax expense and earnings from equity affiliates 59,323 47,266
Income tax expense 8,058 11,202
Income before earnings from equity affiliates 51,265 36,064
Gain from equity-method investment 66 114
Net income attributable to ExlService Holdings, Inc. stockholders $ 51,331 $ 36,178
Earnings per share attributable to ExlService Holdings, Inc. stockholders:    
Basic (in dollars per share) $ 1.54 $ 1.08
Diluted (in dollars per share) $ 1.51 $ 1.07
Weighted average number of shares used in computing earnings per share attributable to ExlService Holdings, Inc. stockholders:    
Basic (in shares) 33,439,564 33,442,038
Diluted (in shares) 33,931,480 33,894,868
[1] Exclusive of depreciation and amortization expense.