XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenues $ 468,186 $ 377,523 $ 1,337,981 $ 1,051,151
Operating expenses:        
Cost of revenues (exclusive of depreciation and amortization) 301,081 239,369 867,890 667,231
Selling, general and administrative expenses 92,490 81,190 272,110 240,062
Depreciation and amortization expense 9,319 7,174 26,457 20,866
Other operating expenses, net 736 542 4,030 2,096
Income from operations 64,560 49,248 167,494 120,896
Interest and other income, net 1,941 1,416 2,442 2,802
Foreign exchange (loss)/gain (514) (77) 1,069 (1,470)
Income before provision for/(benefit from) income taxes 65,987 50,587 171,005 122,228
Provision for/(benefit from) income taxes 369 7,953 (9,286) 18,594
Net income 65,618 42,634 180,291 103,634
Foreign currency translation adjustments, net of tax (2,118) 5,703 (14,643) 16,640
Unrealized net loss on cash-flow hedging instruments, net of tax (74) 0 (2,081) 0
Comprehensive income $ 63,426 $ 48,337 $ 163,567 $ 120,274
Net income per share:        
Basic (in dollars per share) $ 1.22 $ 0.81 $ 3.37 $ 2.00
Diluted (in dollars per share) $ 1.15 $ 0.77 $ 3.19 $ 1.90
Shares used in calculation of net income per share:        
Basic (in shares) 53,851,865 52,545,155 53,485,339 51,806,700
Diluted (in shares) 56,962,867 55,228,781 56,599,638 54,661,196