Segment Information

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company's operating segments are significant strategic business units that align its products and services with how it manages its business, approach the key markets and interacts with its clients. Effective for the quarter and year ended December 31, 2015, the Company merged two of its operating segments (Operations Consulting and Finance Transformation, previously part of the Analytics and Business Transformation reportable segment) into the Consulting operating segment to reflect recent organizational changes. The Company has also revised its reportable segments to reflect management’s focus on the Analytics operating segment. All the other operating segments have been aggregated into the Operations Management reportable segment. The March 2015 acquisition of RPM is included in the Analytics operating segment.

The new reportable segments are as follows:

• Operations Management

• Analytics

The Company has restated the segment information for the all the prior years presented herein to conform to the current presentation. This change in segment presentation does not affect the Company's consolidated statements of income, balance sheets or statements of cash flows.

The chief operating decision maker (“CODM”) generally reviews operating segment revenues and cost of revenues. The Company does not allocate and therefore the CODM does not evaluate operating expenses, interest expense or income taxes by segment. The Company’s operating assets are shared by multiple segments. The Company manages assets on a total company basis, not by operating segment, and therefore asset information and capital expenditures by operating segment are not presented.

Revenues and cost of revenues for each of the years ended December 31, 2015, 2014 and 2013, for Operations Management and Analytics segments, respectively, are as follows:

	Year ended December 31, 2015						Year ended December 31, 2014
	Operations Management		Analytics		Total		Operations Management		Analytics		Total
Revenues, net	$	506,341	$	122,151	$	628,492	$	433,663	$	65,615	$	499,278
Cost of revenues (exclusive of depreciation and amortization)	324,079		78,838		$	402,917	286,493		46,042		332,535
Gross profit	$	182,262	$	43,313	$	225,575	$	147,170	$	19,573	$	166,743
Operating expenses					158,232						132,703
Foreign exchange gain/(loss) and other income, net					8,433						3,598
Income tax expense					24,211						5,193
Net income					$	51,565					$	32,445

	Year ended December 31, 2013
	Operations Management		Analytics		Total
Revenues, net	$	432,916	$	45,536	$	478,452
Cost of revenues (exclusive of depreciation and amortization)	260,241		30,701		290,942
Gross profit	$	172,675	$	14,835	$	187,510
Operating expenses					120,090
Foreign exchange gain/(loss) and other income, net					(2,443		)
Income tax expense					16,880
Net income					$	48,097