| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
2,293,798 | 1,842,912 | 1,450,448 | 1,160,132 | 914,128 | 730,027 | 555,117 | 433,799 | 334,528 | 221,824 |
Operating expenses: | |||||||||
Cost of revenues (exclusive of depreciation and amortization) | |||||||||
1,488,198 | 1,186,921 | 921,352 | 737,186 | 566,913 | 456,530 | 347,650 | 270,361 | 205,336 | 132,528 |
Selling, general and administrative expenses | |||||||||
457,433 | 373,587 | 327,588 | 265,863 | 222,759 | 163,666 | 116,497 | 85,868 | 64,930 | 47,635 |
Depreciation and amortization expense | |||||||||
45,317 | 36,640 | 28,562 | 23,387 | 17,395 | 17,483 | 15,120 | 10,882 | 7,538 | 6,242 |
Goodwill impairment loss | |||||||||
- | - | - | - | - | 2,241 | 0 | 0 | 1,697 | - |
Other operating expenses, net | |||||||||
- | - | - | - | -1,094 | -3,924 | 643 | -682 | -19 | -2,629 |
Operating Income (Loss) | |||||||||
302,850 | 245,764 | 172,946 | 133,696 | 105,967 | 86,183 | 76,493 | 66,006 | 55,008 | 32,790 |
Interest and other income, net | |||||||||
8,725 | 3,522 | 4,601 | 4,848 | 4,731 | 4,769 | 3,077 | 1,941 | 1,422 | 486 |
Change in fair value of contingent consideration | |||||||||
- | - | - | - | - | 1,924 | 0 | 0 | - | - |
Foreign exchange gain/(loss) | |||||||||
-12,049 | 487 | -3,242 | -12,078 | -4,628 | -2,075 | -2,800 | -2,084 | -3,638 | -2,181 |
Income before provision for income taxes | |||||||||
299,526 | 249,773 | 174,305 | 126,466 | 106,070 | 86,953 | 76,770 | 65,863 | 52,792 | 31,095 |
Provision for income taxes | |||||||||
38,469 | 9,517 | 101,545 | 27,200 | 21,614 | 17,312 | 14,776 | 11,379 | 8,439 | 2,787 |
Net Income (Loss) Attributable to Parent | |||||||||
261,057 | 240,256 | 72,760 | 99,266 | 84,456 | 69,641 | 61,994 | 54,484 | 44,353 | 28,308 |
Unrealized (loss)/gain on cash-flow hedging instruments, net of tax | |||||||||
3,845 | -2,553 | 0 | 0 | - | - | - | - | - | - |
Foreign currency translation adjustments, net of tax | |||||||||
6,295 | -21,338 | 20,065 | -2,538 | -13,096 | -20,251 | -811 | 2,493 | 1,250 | 397 |
Comprehensive income | |||||||||
271,197 | 216,365 | 92,825 | 96,728 | 71,360 | 49,390 | 61,183 | 56,977 | 43,103 | 27,911 |
Accretion of preferred stock | |||||||||
- | - | - | - | - | - | - | - | -17,563 | -1,432 |
Net income allocated to participating securities | |||||||||
- | - | - | - | - | - | - | 3,341 | -15,025 | -17,984 |
Effect on income available from redemption of preferred stock | |||||||||
- | - | - | - | - | - | - | - | - | 5,418 |
Numerator for basic earnings per share | |||||||||
- | - | - | - | - | - | - | 51,143 | 11,765 | 14,310 |
Earnings Per Share, Basic and Diluted [Abstract] | |||||||||
Basic (in dollars per share) | |||||||||
4.77 | 4.48 | 1.40 | 1.97 | 1.73 | 1.48 | 1.35 | 1.27 | - | - |
Diluted (in dollars per share) | |||||||||
4.53 | 4.24 | 1.32 | 1.87 | 1.62 | 1.40 | 1.28 | 1.17 | - | - |
Shares used in calculation of net income per share: | |||||||||
Weighted Average Number of Shares Outstanding, Basic | |||||||||
54,719 | 53,622 | 52,077 | 50,309 | 48,720 | 47,189 | 45,754 | 40,190 | 17 | - |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||
57,667 | 56,672 | 54,984 | 53,215 | 51,985 | 49,734 | 48,358 | 43,821 | 20 | - |