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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues, net $ 404,996 $ 346,782 $ 805,639 $ 675,990
Cost of revenues [1] 253,220 221,207 504,689 428,723
Gross profit [1] 151,776 125,575 300,950 247,267
Operating expenses:        
General and administrative expenses 45,605 40,434 92,351 80,379
Selling and marketing expenses 28,238 23,985 57,731 48,155
Depreciation and amortization expense 13,122 14,075 26,609 27,677
Total operating expenses 86,965 78,494 176,691 156,211
Income from operations 64,811 47,081 124,259 91,056
Foreign exchange gain, net 324 1,423 429 3,179
Interest expense (3,240) (1,502) (6,625) (2,378)
Other income/(loss), net 2,661 (174) 5,816 2,237
Income before income tax expense and earnings from equity affiliates 64,556 46,828 123,879 94,094
Income tax expense 15,554 11,125 23,612 22,327
Income before earnings from equity affiliates 49,002 35,703 100,267 71,767
Gain from equity-method investment 66 143 132 257
Net income attributable to ExlService Holdings, Inc. stockholders $ 49,068 $ 35,846 $ 100,399 $ 72,024
Earnings per share attributable to ExlService Holdings, Inc. stockholders:        
Basic (in dollars per share) $ 1.47 $ 1.07 $ 3.01 $ 2.15
Diluted (in dollars per share) $ 1.46 $ 1.06 $ 2.97 $ 2.13
Weighted average number of shares used in computing earnings per share attributable to ExlService Holdings, Inc. stockholders:        
Basic (in shares) 33,355,354 33,403,411 33,397,226 33,422,618
Diluted (in shares) 33,688,449 33,830,539 33,809,555 33,862,597
[1] Exclusive of depreciation and amortization expense.