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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Summary of Estimated Lives Used in Determining Depreciation
The estimated lives used in determining depreciation are as follows:
 
Estimated
Useful Life
(Years)
Network equipment, computers and software
3-5
Buildings
30
Leasehold improvements
3-8
Office furniture and equipment
3-8
Motor vehicles
2-5
Summary of Lived Intangible Assets Amortized over their Estimated Useful Lives
The Company’s definite lived intangible assets are amortized over their estimated useful lives as listed below using a straight-line method:
Customer relationships
3-15 years
Leasehold benefits
3-8 years
Developed technology
5-10 years
Non-compete agreements
1-2 years
Trade names and trademarks
3-5 years
Computation of Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
Year ended December 31,
 
2015
 
2014
 
2013
Numerators:
 
 
 
 
 
Net income
$
51,565

 
$
32,445

 
$
48,097

Denominators:
 
 
 
 
 
Basic weighted average common shares outstanding
33,298,104

 
32,804,606

 
32,750,178

Dilutive effect of share based awards
880,236

 
831,987

 
1,092,760

Diluted weighted average common shares outstanding
34,178,340

 
33,636,593

 
33,842,938

Earnings per share:
 
 
 
 
 
Basic
$
1.55

 
$
0.99

 
$
1.47

Diluted
$
1.51

 
$
0.96

 
$
1.42

Weighted average common shares considered anti-dilutive in computing diluted earnings per share
73,896

 
114,395

 
268,219

Summary of Accumulated Other Comprehensive Loss
The balances as of December 31, 2015 and 2014 are as follows:
 
December 31, 2015
 
December 31, 2014
Cumulative currency translation adjustments
$
(68,063
)
 
$
(55,553
)
Unrealized gain on cash flow hedges, net of taxes of $662 and $603
824

 
872

Retirement benefits, net of taxes of ($201) and ($277)
(86
)
 
(828
)
Accumulated other comprehensive loss
$
(67,325
)
 
$
(55,509
)
Summary of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities
Accrued expenses and other current liabilities consists of the following:
 
December 31, 2015
 
December 31, 2014
Accrued expenses
$
26,238

 
$
24,451

Derivative instruments
1,226

 
2,385

Client liability account
2,217

 
9,241

Other current liabilities
4,569

 
4,129

Accrued expenses and other current liabilities
$
34,250

 
$
40,206

Summary of Non-current Liabilities
Non-current liabilities
Non-current liabilities consists of the following:
 
December 31, 2015
 
December 31, 2014
Derivative instruments
$
1,132

 
$
576

Unrecognized tax benefits
3,066

 
2,878

Deferred rent
6,515

 
5,977

Retirement benefits
1,441

 
1,544

Other non-current liabilities
5,501

 
1,895

Non-current liabilities
$
17,655

 
$
12,870

Summary of Other Income, net
Other Income, net
Other Income, net consists of the following:

Year ended December 31,

2015

2014

2013
Interest and dividend income
$
6,806


$
3,709


$
3,169

Interest expense
(1,338
)

(369
)

(564
)
Other, net
221


263


(58
)
Other income, net
$
5,689


$
3,603


$
2,547