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Segment reporting
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment reporting

26. Segment reporting

The Company manages various types of business process and information technology services in an integrated manner for clients in various industries and geographic locations. The Company’s Chief Executive Officer, who has been identified as the Chief Operation Decision Maker (CODM), reviews financial information prepared on a consolidated basis, accompanied by disaggregated information about revenue and adjusted operating income by identified business units. The identified business units are organized for operational reasons and represent either services-based, customer-based, industry-based or geography-based units. There is significant overlap between the manner in which the business units are organized. Additionally, the composition and organization of the business units is fluid and the structure changes regularly in response to growth of the overall business, acquisitions and changes in the reporting structure, clients, services, industries served, and delivery centers.

Based on an overall evaluation of all facts and circumstances, and after combining operating segments with similar economic characteristics that comply with other aggregation criteria specified in the FASB guidance on segment reporting, the Company has determined that it operates as a single reportable segment.

Net revenues by service type are as follows:

 

 

 

Year ended December 31,

 

 

 

2014

 

 

2015

 

 

2016

 

Business process outsourcing

 

$

1,736,716

 

 

$

1,933,095

 

 

$

2,083,450

 

Information technology services

 

 

542,722

 

 

 

527,949

 

 

 

487,306

 

Total net revenues

 

$

2,279,438

 

 

$

2,461,044

 

 

$

2,570,756

 

 

Revenues from clients based on the industry serviced are as follows:

 

 

 

Year ended December 31,

 

 

 

2014

 

 

2015

 

 

2016

 

Banking, financial services and insurance

 

$

940,345

 

 

$

1,030,584

 

 

$

1,055,704

 

Manufacturing, including pharmaceuticals and

   medical equipment manufacturing

 

 

796,872

 

 

 

878,570

 

 

 

958,779

 

Technology, healthcare and other services

 

 

542,221

 

 

 

551,890

 

 

 

556,273

 

Total net revenues

 

$

2,279,438

 

 

$

2,461,044

 

 

$

2,570,756

 

 

26. Segment reporting (Continued)

 

Net revenues from geographic areas based on the location of the Company’s service delivery centers are as follows. A portion of net revenues attributable to India consists of net revenues for services performed by delivery centers in India or at clients’ premises outside of India by business units or personnel normally based in India.

 

 

 

Year ended December 31,

 

 

 

2014

 

 

2015

 

 

2016

 

India

 

$

1,505,960

 

 

$

1,687,699

 

 

$

1,804,113

 

Asia, other than India

 

 

232,349

 

 

 

238,529

 

 

 

249,839

 

North and Latin America

 

 

302,515

 

 

 

304,879

 

 

 

282,434

 

Europe

 

 

238,614

 

 

 

229,937

 

 

 

234,370

 

Total net revenues

 

$

2,279,438

 

 

$

2,461,044

 

 

$

2,570,756

 

 

Revenues from GE comprised 20%, 19% and 16% of the Company’s consolidated total net revenues in 2014, 2015 and 2016, respectively. No other customer accounted for 10% or more of the Company’s consolidated total net revenues during these periods.

Property, plant and equipment, net by geographic region are as follows:

 

 

 

As of December 31,

 

 

 

2015

 

 

2016

 

India

 

$

112,911

 

 

$

116,417

 

Asia, other than India

 

 

11,700

 

 

 

13,549

 

North and Latin America

 

 

41,561

 

 

 

51,400

 

Europe

 

 

9,224

 

 

 

18,749

 

Total

 

$

175,396

 

 

$

200,115