10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001352010-14-000036`
Period End Date	20140630
Filing Date	20140811
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	epam-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 68 Cash Flow Statement 74

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.21M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.80M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.27M	USD	Point-in-time
Accounts receivable, net of allowance of $2,267 and $1,800, respectively	`AccountsReceivableNetCurrent`	$95.43M	USD	Point-in-time
Employee loans current allowance	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Accounts receivable, net of allowance of $2,267 and $1,800, respectively	`AccountsReceivableNetCurrent`	$108.18M	USD	Point-in-time
Employee loans current allowance	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$43.11M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$67.88M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.36M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.20M	USD	Point-in-time
Employee loans long-term allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	-	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, current	`AccountsNotesAndLoansReceivableNetCurrent`	$1.99M	USD	Point-in-time
Employee loans long-term allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	-	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, current	`AccountsNotesAndLoansReceivableNetCurrent`	$2.24M	USD	Point-in-time
Time deposits	`TimeDepositsAtCarryingValue`	$1.19M	USD	Point-in-time
Time deposits	`TimeDepositsAtCarryingValue`	$1.14M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted cash, current	`DepositsAssetsCurrent`	-	USD	Point-in-time
Restricted cash, current	`DepositsAssetsCurrent`	$298.00K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Deferred tax assets, current	`DeferredTaxAssetsNetCurrent`	$5.39M	USD	Point-in-time
Deferred tax assets, current	`DeferredTaxAssetsNetCurrent`	$4.12M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$374.84M	USD	Point-in-time
Common stock, shares issued (in shares )	`CommonStockSharesIssued`	48.23M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$330.97M	USD	Point-in-time
Common stock, shares issued (in shares )	`CommonStockSharesIssued`	47.57M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.61M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$54.52M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.51M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.31M	USD	Point-in-time
Restricted cash, long-term	`DepositsAssetsNoncurrent`	$225.00K	USD	Point-in-time
Restricted cash, long-term	`DepositsAssetsNoncurrent`	$212.00K	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, long-term	`NotesAndLoansReceivableNetNoncurrent`	$4.22M	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively, long-term	`NotesAndLoansReceivableNetNoncurrent`	$4.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$13.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$49.38M	USD	Point-in-time
Goodwill	`Goodwill`	$22.27M	USD	Point-in-time
Goodwill	`Goodwill`	$42.55M	USD	Point-in-time
Deferred tax assets, long-term	`DeferredTaxAssetsNetNoncurrent`	$4.56M	USD	Point-in-time
Deferred tax assets, long-term	`DeferredTaxAssetsNetNoncurrent`	$9.38M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$3.41M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$2.86M	USD	Point-in-time
Total assets	`Assets`	$432.88M	USD	Point-in-time
Total assets	`Assets`	$537.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.50M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$20.18M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$23.28M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$4.54M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$4.24M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$21.01M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$12.66M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$14.17M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$15.05M	USD	Point-in-time
Deferred tax liabilities, current	`DeferredTaxLiabilitiesCurrent`	$275.00K	USD	Point-in-time
Deferred tax liabilities, current	`DeferredTaxLiabilitiesCurrent`	$1.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$77.64M	USD	Point-in-time
Other long-term liabilities (Note 2 and 4)	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Other long-term liabilities (Note 2 and 4)	`OtherLiabilitiesNoncurrent`	$31.89M	USD	Point-in-time
Deferred revenue, long-term	`DeferredRevenueNoncurrent`	$228.00K	USD	Point-in-time
Deferred revenue, long-term	`DeferredRevenueNoncurrent`	$533.00K	USD	Point-in-time
Taxes payable, long-term	`AccruedIncomeTaxesNoncurrent`	$1.23M	USD	Point-in-time
Taxes payable, long-term	`AccruedIncomeTaxesNoncurrent`	$1.23M	USD	Point-in-time
Deferred tax liabilities, long-term	`DeferredTaxLiabilitiesNoncurrent`	$351.00K	USD	Point-in-time
Deferred tax liabilities, long-term	`DeferredTaxLiabilitiesNoncurrent`	$326.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$56.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$111.32M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 48,229,347 and 47,569,463 shares issued, 47,514,892 and 46,614,916 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$46.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 48,229,347 and 47,569,463 shares issued, 47,514,892 and 46,614,916 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$48.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$195.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$212.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$223.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$190.99M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$6.50M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$8.68M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$426.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$376.10M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$537.96M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$432.88M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$257.38M	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$174.69M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$335.08M	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$133.18M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$212.56M	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$110.10M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$161.48M	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$83.55M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.62M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$28.54M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$71.03M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$38.67M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$7.47M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$5.45M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$9.14M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.85M	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$293.00K	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$268.00K	USD	2 Qtrs
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-2.00M	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-2.02M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$40.33M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$18.48M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$17.54M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$33.07M	USD	2 Qtrs
Interest and other income, net	`InvestmentIncomeNet`	$2.14M	USD	2 Qtrs
Interest and other income, net	`InvestmentIncomeNet`	$1.40M	USD	2 Qtrs
Interest and other income, net	`InvestmentIncomeNet`	$1.16M	USD	1 Quarter
Interest and other income, net	`InvestmentIncomeNet`	$769.00K	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-869.00K	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.37M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.48M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.24M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.40M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.43M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.10M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$39.99M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.59M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.30M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.12M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.39M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.04M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.89M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-683.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.71M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.41M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$31.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.07M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.07M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.15M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.93M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.38M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.98M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.81M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.47M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$803.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$769.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$195.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$530.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.43M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.10M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.89M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.85M	USD	1 Quarter
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.25M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.16M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.14M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.34M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.56M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.17M	USD	2 Qtrs
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$24.70M	USD	2 Qtrs
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$24.25M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-981.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.63M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.90M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-12.70M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.17M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-3.06M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-255.00K	USD	2 Qtrs
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$1.88M	USD	2 Qtrs
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$6.63M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-2.18M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$1.80M	USD	2 Qtrs
Net cash provided by/ (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.03M	USD	2 Qtrs
Net cash provided by/ (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.78M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.45M	USD	2 Qtrs
Payment for construction of corporate facilities	`PaymentsForConstructionInProcess`	$2.28M	USD	2 Qtrs
Payment for construction of corporate facilities	`PaymentsForConstructionInProcess`	$1.01M	USD	2 Qtrs
Employee housing loans	`PaymentsForProceedsFromOtherInvestingActivities`	$799.00K	USD	2 Qtrs
Employee housing loans	`PaymentsForProceedsFromOtherInvestingActivities`	$5.17M	USD	2 Qtrs
Proceeds from repayments of employee housing loans	`ProceedsFromCollectionOfNotesReceivable`	$821.00K	USD	2 Qtrs
Proceeds from repayments of employee housing loans	`ProceedsFromCollectionOfNotesReceivable`	$856.00K	USD	2 Qtrs
Decrease in restricted cash and time deposits, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-303.00K	USD	2 Qtrs
Decrease in restricted cash and time deposits, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-709.00K	USD	2 Qtrs
Increase in other long-term assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$320.00K	USD	2 Qtrs
Increase in other long-term assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$346.00K	USD	2 Qtrs
Acquisition of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.00K	USD	2 Qtrs
Acquisition of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$26.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.99M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.21M	USD	2 Qtrs
Proceeds related to stock options exercises	`ProceedsFromStockOptionsExercised`	$5.35M	USD	2 Qtrs
Proceeds related to stock options exercises	`ProceedsFromStockOptionsExercised`	$5.41M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.25M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.16M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.60M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.57M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.47M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.52M	USD	2 Qtrs
Net increase/ (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.64M	USD	2 Qtrs
Net increase/ (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.87M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$175.07M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$107.47M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$118.11M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$169.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$175.07M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$107.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$118.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$169.21M	USD	Point-in-time
Deferred consideration payable	`NonCashPayableDeferredConsideration`	$5.42M	USD	2 Qtrs
Deferred consideration payable	`NonCashPayableDeferredConsideration`	-	USD	2 Qtrs
Contingent consideration payable	`NonCashPayableContingentConsideration`	$28.29M	USD	2 Qtrs
Contingent consideration payable	`NonCashPayableContingentConsideration`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.