Net revenues (Tables)

3 Months Ended

Mar. 31, 2020

In the following table, the Company’s revenue is disaggregated by customer classification:

	Three months ended March 31,
	2019		2020
GE	$	109,042	$	121,657
Global Clients		700,164		801,535
Total net revenues	$	809,206	$	923,192

Details of Company's Contract Liabilities

The following table provides details of the Company’s contract liabilities:

	Three months ended March 31, 2019						Three months ended March 31, 2020
Particulars	Advance from customers			Deferred transition revenue			Advance from customers			Deferred transition revenue
Opening balance	$	22,892		$	95,648		$	44,818		$	131,108
Impact of opening balance offset with contract asset		3,821		$	25,604			12,515		$	43,289
Gross opening balance	$	26,713		$	121,252		$	57,333		$	174,397
Additions		14,147			24,217			50,200			23,091
Effect of business combinations		444			—			—			—
Revenue recognized		(10,912	)		(11,728	)		(31,506	)		(14,373	)
Currency translation adjustments		(16	)		128			(732	)		(699	)
Gross closing balance	$	30,376		$	133,869		$	75,295		$	182,416
Impact of closing balance offset with contract asset		(4,328	)		(36,732	)		(11,098	)		(54,374	)
Closing balance (Note a)	$	26,048		$	97,137		$	64,197		$	128,042

(a) Included in "accrued expenses and other current liabilities" and "other liabilities" in the consolidated balance sheet.

Estimated Revenue Expected to Recognized in Future Related to Remaining Performance Obligation

The following table includes estimated revenue expected to be recognized in the future related to remaining performance obligations as of March 31, 2020:

Particulars	Total				Less than 1 year				1-3 years				3-5 years				After 5 years
Transaction price allocated to remaining performance obligations	$	192,239				121,316				53,870				14,735				2,318

Details of Company's Contract Assets

20. Net revenues (Continued)

The following table provides details of the Company’s contract assets:

Particulars	Three months ended March 31, 2019			Three months ended March 31, 2020
Opening balance	$	45,035		$	40,346
Impact of opening balance offset with contract liability		29,425			55,804
Gross opening balance	$	74,460		$	96,150
Additions		27,113			24,155
Reduction in revenue recognized		(13,560	)		(11,628	)
Gross closing balance	$	88,013		$	108,677
Impact of closing balance offset with contract liability		(41,062	)		(65,472	)
Closing balance (Note b)	$	46,951		$	43,205

(b) Included in "prepaid expenses and other current assets" and "other assets" in the consolidated balance sheet.

Summary of Contract Cost Assets

The following table provides details of the Company’s contract cost assets:

	Three months ended March 31, 2019				Three months ended March 31, 2020
Particulars	Sales incentive programs		Transition activities		Sales incentive programs		Transition activities
Opening balance	$	25,891	$	134,302	$	35,366	$	170,132
Closing balance		36,380		144,423		34,417		176,649
Amortization		4,107		11,510		4,119		13,533