REVENUES

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

REVENUES

REVENUES

Disaggregation of Revenues

The following tables present the disaggregation of the Company’s revenues by customer location, including a reconciliation of the disaggregated revenues with the reportable segments (Note 14 “Segment Information”) for the periods indicated:

	Three Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	697,961	$	22,816	$	835	$	721,612
EMEA	23,190		399,796		—		422,986
APAC	793		29,383		—		30,176
CEE	1,713		(51)		18,425		20,087
Revenues	$	723,657	$	451,944	$	19,260	$	1,194,861

	Six Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	1,357,737	$	48,776	$	1,892	$	1,408,405
EMEA	48,288		796,549		99		844,936
APAC	1,576		58,182		—		59,758
CEE	3,767		407		49,202		53,376
Revenues	$	1,411,368	$	903,914	$	51,193	$	2,366,475

	Three Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	508,330	$	18,036	$	1,032	$	527,398
EMEA	21,615		269,596		70		291,281
APAC	667		24,317		—		24,984
CEE	1,410		—		36,293		37,703
Revenues	$	532,022	$	311,949	$	37,395	$	881,366

	Six Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	963,097	$	32,699	$	1,923	$	997,719
EMEA	39,370		511,150		133		550,653
APAC	1,142		44,790		—		45,932
CEE	3,266		14		64,557		67,837
Revenues	$	1,006,875	$	588,653	$	66,613	$	1,662,141

The following tables present the disaggregation of the Company’s revenues by industry vertical, including a reconciliation of the disaggregated revenues with the reportable segments (Note 14 “Segment Information”) for the periods indicated:

	Three Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	130,932	$	140,081	$	5,305	$	276,318
Financial Services	126,879		112,766		11,338		250,983
Business Information & Media	114,026		83,681		163		197,870
Software & Hi-Tech	161,034		33,847		442		195,323
Life Sciences & Healthcare	115,899		12,527		66		128,492
Emerging Verticals	74,887		69,042		1,946		145,875
Revenues	$	723,657	$	451,944	$	19,260	$	1,194,861

	Six Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	253,179	$	276,869	$	11,589	$	541,637
Financial Services	247,214		230,096		33,736		511,046
Business Information & Media	224,972		166,582		619		392,173
Software & Hi-Tech	317,316		66,301		1,189		384,806
Life Sciences & Healthcare	227,270		24,809		216		252,295
Emerging Verticals	141,417		139,257		3,844		284,518
Revenues	$	1,411,368	$	903,914	$	51,193	$	2,366,475

	Three Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	85,075	$	79,731	$	6,739	$	171,545
Financial Services	83,342		85,965		24,631		193,938
Business Information & Media	92,379		65,032		436		157,847
Software & Hi-Tech	134,638		23,934		590		159,162
Life Sciences & Healthcare	80,712		10,780		204		91,696
Emerging Verticals	55,876		46,507		4,795		107,178
Revenues	$	532,022	$	311,949	$	37,395	$	881,366

	Six Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	154,504	$	144,355	$	11,697	$	310,556
Financial Services	153,082		164,005		45,709		362,796
Business Information & Media	179,584		125,189		823		305,596
Software & Hi-Tech	260,224		44,907		1,095		306,226
Life Sciences & Healthcare	156,301		26,131		379		182,811
Emerging Verticals	103,180		84,066		6,910		194,156
Revenues	$	1,006,875	$	588,653	$	66,613	$	1,662,141

The following tables present the disaggregation of the Company’s revenues by contract type including a reconciliation of the disaggregated revenues with the Company’s reportable segments (Note 14 “Segment Information”) for the periods indicated:

	Three Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	654,627	$	390,296	$	14,648	$	1,059,571
Fixed-price	65,992		60,607		4,581		131,180
Licensing	2,463		530		31		3,024
Other revenues	575		511		—		1,086
Revenues	$	723,657	$	451,944	$	19,260	$	1,194,861

	Six Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	1,281,434	$	767,951	$	33,339	$	2,082,724
Fixed-price	122,757		134,215		17,771		274,743
Licensing	6,098		675		83		6,856
Other revenues	1,079		1,073		—		2,152
Revenues	$	1,411,368	$	903,914	$	51,193	$	2,366,475

	Three Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	466,204	$	267,070	$	19,239	$	752,513
Fixed-price	61,383		44,252		18,115		123,750
Licensing	4,076		260		31		4,367
Other revenues	359		367		10		736
Revenues	$	532,022	$	311,949	$	37,395	$	881,366

	Six Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	884,091	$	499,761	$	33,666	$	1,417,518
Fixed-price	114,398		87,818		32,816		235,032
Licensing	7,611		314		112		8,037
Other revenues	775		760		19		1,554
Revenues	$	1,006,875	$	588,653	$	66,613	$	1,662,141

Timing of Revenue Recognition

The following tables present the timing of revenue recognition reconciled with the Company’s reportable segments (Note 14 “Segment Information”) for the periods indicated:

	Three Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	722,311	$	451,847	$	19,240	$	1,193,398
Transferred at a point of time	1,346		97		20		1,463
Revenues	$	723,657	$	451,944	$	19,260	$	1,194,861

	Six Months Ended June 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	1,407,420	$	903,695	$	51,131	$	2,362,246
Transferred at a point of time	3,948		219		62		4,229
Revenues	$	1,411,368	$	903,914	$	51,193	$	2,366,475

	Three Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	529,230	$	311,840	$	37,370	$	878,440
Transferred at a point of time	2,792		109		25		2,926
Revenues	$	532,022	$	311,949	$	37,395	$	881,366

	Six Months Ended June 30, 2021
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	1,001,604	$	588,571	$	66,560	$	1,656,735
Transferred at a point of time	5,271		82		53		5,406
Revenues	$	1,006,875	$	588,653	$	66,613	$	1,662,141

During the three and six months ended June 30, 2022, the Company recognized $12.5 million and $6.6 million, respectively, of revenues from performance obligations satisfied in previous periods compared to $11.6 million and $16.5 million during the three and six months ended June 30, 2021, respectively.

The following table includes the estimated revenues expected to be recognized in the future related to performance obligations that are partially or fully unsatisfied as of June 30, 2022. The Company applies a practical expedient and does not disclose the value of unsatisfied performance obligations for contracts (i) that have an original expected duration of one year or less and (ii) for which it recognizes revenues at the amount to which it has the right to invoice for services provided.

	Less than 1 year		1 Year		2 Years		3 Years		Total
Contract Type
Fixed-price	$	9,731	$	2,722	$	1,930	$	965	$	15,348

The Company applies a practical expedient and does not disclose the amount of the transaction price allocated to the remaining performance obligations nor provide an explanation of when the Company expects to recognize that amount as revenue for certain variable consideration.

Contract Balances

The following table provides information on the classification of contract assets and liabilities in the condensed consolidated balance sheets:

	As of June 30, 2022		As of December 31, 2021
Contract assets included in Trade receivables and contract assets, net	$	13,426	$	13,798
Contract liabilities included in Accrued expenses and other current liabilities	$	33,157	$	39,810
Contract liabilities included in Other noncurrent liabilities	$	326	$	84

Contract assets comprise amounts where the Company’s right to bill is contingent on something other than the passage of time such as achievement of contractual milestones. Contract assets have not changed materially since December 31, 2021. Contract liabilities comprise amounts collected from the Company’s customers for revenues not yet earned and such amounts are anticipated to be recorded as revenues when services are performed in subsequent periods. Contract liabilities have decreased since December 31, 2021, due to services performed for customers during the first six months of 2022.

During the three and six months ended June 30, 2022, the Company recognized $5.6 million and $32.0 million, respectively, of revenues that were included in Accrued expenses and other current liabilities at December 31, 2021. During the three and six months ended June 30, 2021, the Company recognized $3.3 million and $14.3 million, respectively, of revenues that were included in Accrued expenses and other current liabilities at December 31, 2020.