| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
1,247,863 | 1,020,669 | 858,731 | 600,302 | 478,986 | 396,933 | 333,175 | 277,771 | 217,979 | 164,365 |
Costs of revenue | |||||||||
884,652 | 725,445 | 620,950 | 389,310 | 304,422 | 250,533 | 215,866 | 177,434 | 134,496 | 94,142 |
Gross profit | |||||||||
363,211 | 295,224 | 237,781 | 210,992 | 174,564 | 146,400 | 117,309 | 100,337 | 83,483 | 70,223 |
Operating expenses: | |||||||||
Selling, general and administrative expenses | |||||||||
292,943 | 248,837 | 219,410 | 165,672 | 121,996 | 103,988 | 84,450 | 76,438 | 65,697 | 57,330 |
Income from operations | |||||||||
70,268 | 46,387 | 18,371 | 45,320 | 52,568 | 42,412 | 32,859 | 23,899 | 17,786 | 12,893 |
Other income (expense): | |||||||||
Interest income (expense) | |||||||||
- | - | - | - | 5,264 | - | - | - | - | - |
Interest income | |||||||||
2,672 | 4,264 | 4,115 | 5,420 | - | 3,726 | 2,977 | 2,478 | 1,974 | 1,895 |
Interest expense | |||||||||
18,164 | 7,634 | 7,682 | 643 | - | - | - | - | - | - |
Foreign currency transaction gains (losses), net | |||||||||
-13,130 | -3,543 | 3,009 | 7,050 | -357 | -396 | -68 | 227 | -1,436 | -1,830 |
Other, net | |||||||||
-3,482 | 2,362 | 1,005 | 522 | -75 | 182 | 91 | -158 | -97 | -9 |
Total other income (expense) | |||||||||
-32,104 | -4,551 | 447 | 12,349 | 4,832 | 3,512 | 3,000 | 2,547 | 441 | 56 |
Income before income tax expense | |||||||||
38,164 | 41,836 | 18,818 | 57,669 | 57,400 | 45,924 | 35,859 | 26,446 | 18,227 | 12,949 |
Income tax expense | |||||||||
20,473 | 32,888 | 2,561 | 12,649 | 14,954 | 11,549 | 7,461 | 6,411 | 2,027 | 820 |
Net income | |||||||||
17,691 | 8,948 | 16,257 | 45,020 | 42,446 | 34,375 | - | - | - | - |
Less: net income attributable to noncontrolling interests, net of tax | |||||||||
1,545 | 7,694 | 4,399 | 218 | - | - | - | - | - | - |
Net income available to Virtusa stockholders | |||||||||
16,146 | 1,254 | 11,858 | 44,802 | - | - | - | - | - | - |
Less: Series A Convertible Preferred Stock dividends and accretion | |||||||||
4,350 | 3,963 | - | - | - | - | - | - | - | - |
Net income available to Virtusa common stockholders | |||||||||
11,796 | -2,709 | 11,858 | 44,802 | 42,446 | 34,375 | 28,398 | 20,035 | 16,200 | 12,129 |
Net income per share of common stock: | |||||||||
Basic earnings per share available to Virtusa common stockholders (in dollars per share) | |||||||||
0.40 | -0.09 | 0.40 | 1.53 | 1.48 | 1.32 | 1.14 | 0.81 | 0.68 | 0.52 |
Diluted earnings per share available to Virtusa common stockholders (in dollars per share) | |||||||||
0.38 | -0.09 | 0.39 | 1.49 | 1.44 | 1.27 | 1.11 | 0.79 | 0.66 | 0.50 |