10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001352010-16-000043`
Period End Date	20160630
Filing Date	20160808
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	epam-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 78

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.72M	USD	Point-in-time
Accounts receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$220.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$199.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$280.72M	USD	Point-in-time
Employee loans current allowance	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Time deposits	`TimeDepositsAtCarryingValue`	-	USD	Point-in-time
Employee loans current allowance	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Time deposits	`TimeDepositsAtCarryingValue`	$30.18M	USD	Point-in-time
Accounts receivable, net of allowance of $2,997 and $1,729, respectively	`AccountsReceivableNetCurrent`	$178.80M	USD	Point-in-time
Accounts receivable, net of allowance of $2,997 and $1,729, respectively	`AccountsReceivableNetCurrent`	$174.62M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$95.81M	USD	Point-in-time
Unbilled revenues	`UnbilledReceivablesCurrent`	$96.05M	USD	Point-in-time
Employee loans long-term allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	-	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.34M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.27M	USD	Point-in-time
Employee loans long-term allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	-	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively	`AccountsNotesAndLoansReceivableNetCurrent`	$2.68M	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively	`AccountsNotesAndLoansReceivableNetCurrent`	$2.69M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$11.85M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	-	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
Total current assets	`AssetsCurrent`	$573.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$528.93M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$60.50M	USD	Point-in-time
Common stock, shares issued (in shares )	`CommonStockSharesIssued`	50.18M	shares	Point-in-time
Common stock, shares issued (in shares )	`CommonStockSharesIssued`	50.88M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$66.75M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	50.87M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	50.17M	shares	Point-in-time
Restricted cash	`DepositsAssetsNoncurrent`	$238.00K	USD	Point-in-time
Restricted cash	`DepositsAssetsNoncurrent`	$246.00K	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively	`NotesAndLoansReceivableNetNoncurrent`	$3.48M	USD	Point-in-time
Employee loans, net of allowance of $0 and $0, respectively	`NotesAndLoansReceivableNetNoncurrent`	$3.65M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$55.96M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$46.86M	USD	Point-in-time
Goodwill	`Goodwill`	$115.93M	USD	Point-in-time
Goodwill	`Goodwill`	$110.67M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$18.31M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$25.99M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.11M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$7.27M	USD	Point-in-time
Total assets	`Assets`	$778.54M	USD	Point-in-time
Total assets	`Assets`	$843.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.58M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$60.75M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$29.56M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.05M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.36M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$26.70M	USD	Point-in-time
Due to employees	`DueToEmployeesCurrent`	$33.42M	USD	Point-in-time
Deferred compensation due to employees	`DeferredCompensationShareBasedArrangementsLiabilityCurrent`	$5.36M	USD	Point-in-time
Deferred compensation due to employees	`DeferredCompensationShareBasedArrangementsLiabilityCurrent`	$910.00K	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$29.47M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$21.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$92.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.91M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$40.09M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$35.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$2.82M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$2.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$165.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$134.92M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 50,884,007 and 50,177,044 shares issued, 50,866,612 and 50,166,537 shares outstanding at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$50.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 50,884,007 and 50,177,044 shares issued, 50,866,612 and 50,166,537 shares outstanding at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$303.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$348.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$345.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$393.38M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$156.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$93.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.84M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.15M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$708.97M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$613.22M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$843.89M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$778.54M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$283.83M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$217.78M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$548.31M	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$417.83M	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$134.26M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$260.14M	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$348.16M	USD	2 Qtrs
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$180.78M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$125.73M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$64.24M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$102.91M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.98M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$8.10M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$11.22M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$3.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$6.12M	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-40.00K	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-606.00K	USD	1 Quarter
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-240.00K	USD	2 Qtrs
Other operating expenses, net	`OtherOperatingIncomeExpenseNet`	$-780.00K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$62.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$46.43M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$23.61M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$32.08M	USD	1 Quarter
Interest and other income, net	`InvestmentIncomeNet`	$1.14M	USD	1 Quarter
Interest and other income, net	`InvestmentIncomeNet`	$2.35M	USD	2 Qtrs
Interest and other income, net	`InvestmentIncomeNet`	$2.46M	USD	2 Qtrs
Interest and other income, net	`InvestmentIncomeNet`	$1.30M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-465.00K	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.29M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.58M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.22M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.44M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.92M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.66M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$61.17M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.72M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.85M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.21M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.95M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.33M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.39M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.31M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$944.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.64M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$34.89M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.24M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.58M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.69M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.46M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.92M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.95M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.10M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$701.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$1.73M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$372.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$69.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$21.39M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$23.69M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.35M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.38M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.08M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.47M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.21M	USD	2 Qtrs
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$35.94M	USD	2 Qtrs
Unbilled revenues	`IncreaseDecreaseInUnbilledReceivables`	$-1.62M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-194.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.93M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$461.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.74M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-31.98M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-4.16M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$67.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-459.00K	USD	2 Qtrs
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$3.60M	USD	2 Qtrs
Due to employees	`IncreaseDecreaseInDueToEmployeesCurrent`	$6.60M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-3.84M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-4.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.03M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.35M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.34M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.59M	USD	2 Qtrs
Payment for construction of corporate facilities	`PaymentsForConstructionInProcess`	$3.51M	USD	2 Qtrs
Payment for construction of corporate facilities	`PaymentsForConstructionInProcess`	-	USD	2 Qtrs
Employee housing loans issued	`PaymentsForProceedsFromOtherInvestingActivities`	$941.00K	USD	2 Qtrs
Employee housing loans issued	`PaymentsForProceedsFromOtherInvestingActivities`	$919.00K	USD	2 Qtrs
Proceeds from repayments of employee housing loans	`ProceedsFromCollectionOfNotesReceivable`	$1.03M	USD	2 Qtrs
Proceeds from repayments of employee housing loans	`ProceedsFromCollectionOfNotesReceivable`	$1.09M	USD	2 Qtrs
Decrease/(increase) in restricted cash and time deposits, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-29.99M	USD	2 Qtrs
Decrease/(increase) in restricted cash and time deposits, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$29.95M	USD	2 Qtrs
Increase in other long-term assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.12M	USD	2 Qtrs
Increase in other long-term assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$811.00K	USD	2 Qtrs
Payments for foreign currency derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	2 Qtrs
Payments for foreign currency derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	$41.00K	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$30.00K	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.52M	USD	2 Qtrs
Net cash provided by/ (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.48M	USD	2 Qtrs
Net cash provided by/ (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$11.82M	USD	2 Qtrs
Proceeds related to stock options exercises	`ProceedsFromStockOptionsExercised`	$12.58M	USD	2 Qtrs
Proceeds related to stock options exercises	`ProceedsFromStockOptionsExercised`	$13.96M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.35M	USD	2 Qtrs
Excess tax benefit on stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.38M	USD	2 Qtrs
Proceeds from debt (Note 5)	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	2 Qtrs
Proceeds from debt (Note 5)	`ProceedsFromDebtNetOfIssuanceCosts`	$20.00M	USD	2 Qtrs
Repayment of debt (Note 5)	`RepaymentsOfDebtAndCapitalLeaseObligations`	$15.06M	USD	2 Qtrs
Repayment of debt (Note 5)	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	2 Qtrs
Proceeds from government grants	`ProceedsFromPaymentsForOtherFinancingActivities`	$135.00K	USD	2 Qtrs
Proceeds from government grants	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Acquisition of business, deferred consideration (Note 2)	`PaymentsToAcquireBusinessesDeferred`	$2.26M	USD	2 Qtrs
Acquisition of business, deferred consideration (Note 2)	`PaymentsToAcquireBusinessesDeferred`	$30.27M	USD	2 Qtrs
Net cash provided by/ (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$19.74M	USD	2 Qtrs
Net cash provided by/ (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.94M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-435.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$360.00K	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-44.82M	USD	2 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$81.28M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$175.72M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$220.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$199.45M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$280.72M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$175.72M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$220.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$199.45M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$280.72M	USD	Point-in-time

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