Syntel inc (SYNT)
Income statement / TTM
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Net revenues

966,192

943,304

923,828

921,907

931,822

951,029

966,550

983,243

995,624

989,403

968,612

949,356

924,052

912,505

911,429

899,392

880,931

855,182

824,765

789,251

765,787

742,265

723,903

708,550

689,770

667,776

642,404

614,884

587,802

561,466

532,133

0

0

0

Cost of revenues

603,725

583,720

572,789

573,786

577,239

587,219

595,725

601,432

600,821

594,492

584,611

574,406

562,149

552,147

533,862

514,175

492,529

472,747

460,576

445,325

434,755

420,956

408,919

405,803

405,108

400,187

395,455

384,931

368,919

347,802

320,042

0

0

0

Gross profit

362,467

359,584

351,039

348,121

354,583

363,810

370,825

381,811

394,803

394,911

384,001

374,950

361,903

360,358

377,567

385,217

388,402

382,435

364,189

343,926

331,032

321,309

314,984

302,747

284,662

267,589

246,949

229,953

218,883

213,664

212,091

0

0

0

Selling, general and administrative expenses

111,042

112,055

115,323

117,133

119,499

109,105

108,528

105,493

91,088

94,551

100,256

96,340

107,785

112,378

109,217

114,867

110,746

103,115

96,587

94,959

101,550

101,791

103,044

94,551

102,194

111,044

108,721

114,353

102,598

93,931

91,556

0

0

0

Income from operations

251,425

247,529

235,716

230,988

235,084

254,705

262,297

276,318

303,715

300,360

283,745

278,610

254,118

247,980

268,350

270,350

277,656

279,320

267,602

248,967

229,482

219,518

211,940

208,196

182,468

156,545

138,228

115,600

116,285

119,733

120,535

0

0

0

Interest expense

10,661

11,684

12,627

12,356

10,154

7,513

4,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

3,469

2,461

2,396

2,091

6,637

11,625

15,795

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,378

16,208

17,682

20,926

16,962

13,126

0

0

0

Non-Service components of post retirement benefit cost

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense, net (See note 23)

-7,120

-9,201

-10,231

-10,927

-4,179

3,788

11,088

27,202

33,202

38,214

43,456

45,358

45,788

48,076

50,523

44,419

34,711

21,201

18,220

18,382

19,888

0

-

0

0

-

-

-

-

-

-

-

-

-

Income before provision for income taxes

244,305

238,328

225,485

220,061

230,905

258,493

273,385

303,520

336,917

338,574

327,201

323,968

299,906

296,056

318,873

314,769

312,367

300,521

285,822

264,665

254,195

248,021

239,928

231,438

197,378

174,923

154,436

133,282

137,211

136,695

133,661

0

0

0

Income tax expense

66,282

64,801

59,217

48,205

325,111

330,560

330,775

334,666

73,143

73,012

74,675

74,975

66,998

64,443

69,133

69,426

69,213

69,139

66,164

61,385

58,850

56,799

54,385

51,862

43,077

36,371

31,580

24,623

24,320

23,184

20,068

0

0

0

Net income

178,023

173,527

166,268

171,856

-94,206

-72,067

-57,390

-31,146

263,774

265,562

252,526

248,993

232,908

231,613

249,740

245,343

243,154

231,382

219,658

203,280

195,345

191,222

185,543

179,576

154,301

138,552

122,856

108,659

112,891

113,511

113,593

0

0

0

Other comprehensive (loss) income
Foreign currency translation adjustments

-12,369

1,182

9,814

4,564

5,428

-11,603

-19,018

-23,221

-56,842

-57,294

-45,428

-67,303

-56,144

-46,602

-32,381

5,680

1,137

-41,659

-64,641

-93,681

-30,408

-24,876

-11,910

-28,051

-101,738

-58,037

-69,832

0

0

0

-

-

-

-

Gains/(losses) on derivatives:
Gain/(loss) arising during period on cash flow hedges

6,368

4,721

2,774

0

0

0

-

-

-

-

-

-

-

-

-

1,840

-1,354

-6,162

-6,796

-8,235

-3,980

-2,649

-1,558

-3,636

0

0

-

0

-

-

-

-

-

-

Unrealized gains on available-for-sale debt securities:
Unrealized holding gains arising during period

868

640

387

-2,183

-2,314

-1,542

242

-4,159

-2,852

-1,409

116

3,810

6,017

6,493

5,777

11,537

10,309

7,973

5,460

2,784

1,086

855

916

903

473

201

158

0

0

0

-

-

-

-

Reclassification adjustment for gains included in net income

213

95

115

-2,588

-734

307

248

2,741

4,151

4,733

6,580

7,240

4,739

4,568

4,555

4,016

3,375

1,974

942

1,375

1,380

0

-

0

0

-

-

-

-

-

-

-

-

-

Reclassification adjustment for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

Less: reclassification adjustment for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Unrealized gains on securities, Total

655

545

272

405

-1,580

-1,849

-6

-6,900

-7,003

-6,142

-6,464

-3,430

1,278

1,925

1,222

7,521

6,934

5,999

4,518

1,947

235

-60

647

578

316

-232

-290

0

0

0

-

-

-

-

Defined benefit pension plans:
Net profit arising during period

-1,696

-1,239

-1,684

0

0

0

-

-

-

-

-802

1,146

1,146

1,147

1,147

-236

-251

-274

-280

-34

-17

0

-

0

0

-

-

-

-

-

-

-

-

-

Amortization of prior service cost included in net periodic pension cost

51

76

76

-22

-38

-43

-35

100

125

140

149

102

77

52

29

146

141

140

146

31

32

0

-

0

0

-

-

-

-

-

-

-

-

-

Net Profit / (loss) arising during period

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

0

-

-

-

-

Amortization of prior service cost included in net periodic pension cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

Defined Benefit Pension plans, Total

-1,290

-1,315

-1,760

818

834

839

837

-902

-927

-942

-951

1,044

1,069

1,095

1,118

-382

-392

-414

-426

963

986

1,010

1,019

-426

-465

-469

-474

0

0

0

-

-

-

-

Other comprehensive (loss)/Income, before tax

-4,056

7,763

14,620

5,317

3,838

-12,795

-19,328

-29,219

-62,918

-62,494

-50,941

-71,777

-55,935

-45,772

-31,553

15,423

7,109

-41,408

-66,493

-100,932

-35,139

-28,595

-13,840

-29,958

-107,330

-60,696

-73,725

0

0

0

-

-

-

-

Income tax (expenses) benefit related to other comprehensive income

2,205

1,652

1,356

310

-566

-364

-32

-2,094

-1,896

-1,327

-1,576

287

1,496

622

388

1,626

1,649

2,126

1,677

342

-255

-369

-141

344

96

0

-

0

0

-

-

-

-

-

Income tax expenses related to other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net current-period other comprehensive income (loss)

-6,261

6,111

13,264

5,007

4,404

-12,431

-19,296

-27,125

-61,022

-61,167

-49,365

-72,064

-57,431

-46,394

-31,941

13,797

5,460

-43,534

-68,170

-101,274

-34,884

-28,226

-13,699

-30,292

-107,593

-60,849

-73,849

0

0

0

-

-

-

-

Comprehensive income

171,762

179,638

179,532

176,863

-89,802

-84,498

-76,686

-58,271

202,752

204,395

203,161

176,929

175,477

185,219

217,799

259,140

248,614

187,848

151,488

102,006

160,461

162,996

171,844

149,284

46,708

77,703

49,007

0

0

0

-

-

-

-

Dividend per share

-

-

-

-

-

-

-

15.00

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

1.07

0.06

0.06

0.06

-

-

-

-

-

-

-

-

Earnings per share:
Dividend per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

0.06

0.06

-

-

-

-

Basic

0.49

0.55

0.50

0.59

0.44

0.46

0.57

-2.58

0.70

0.63

0.89

0.92

0.72

0.48

0.85

0.73

0.71

0.69

-0.33

0.71

1.14

1.11

-1.02

1.23

1.04

0.98

1.06

0.63

0.66

0.60

-

-

-

-

Diluted

0.49

0.55

0.51

0.58

0.44

0.46

0.57

-2.58

0.70

0.63

0.88

0.92

0.72

0.48

0.84

0.73

0.71

0.69

-0.34

0.71

1.14

1.11

-1.03

1.23

1.04

0.98

1.05

0.63

0.66

0.60

0.71

0.73

0.68

0.60

Weighted average common shares outstanding:
Basic

83,130

83,129

83,071

83,462

83,818

83,797

84,118

84,214

84,140

84,112

84,080

84,005

83,936

83,907

83,898

83,832

83,730

83,680

167,186

83,630

41,770

41,742

208,526

41,720

41,677

41,653

41,652

41,640

41,605

41,579

-

-

-

-

Diluted

83,475

83,377

83,248

83,537

83,853

83,834

83,751

84,289

84,278

84,266

84,203

84,131

84,135

84,127

84,056

83,968

83,916

83,944

167,591

83,776

41,850

41,839

209,003

41,802

41,774

41,765

41,736

41,724

41,696

41,711

41,679

41,618

41,580

41,566