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Segment reporting (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of revenue and adjusted income from operations by reporting segments

Revenues and adjusted income from operations for each of the Company’s segments for the year ended December 31, 2019 were as follows: 

			Reportable segments
			BCMI						CGRLH						HMS						Total Reportable segments						Others***						Total
Revenues, net			1,078,844						1,107,534						1,348,635						3,535,013						(14,470)						3,520,543
Adjusted income from operations			115,998						161,515						238,129						515,642						43,199						558,841
Stock-based compensation																																	(83,885)
Amortization and impairment of acquired intangible assets (other than included above)																																	(31,458)
Acquisition-related expenses																																	(8,352)
Foreign exchange gains (losses), net																																	7,729
Interest income (expense), net																																	(43,458)
Income tax expense																																	(94,536)
Net income																																	304,881

***Revenues, net for “Others” primarily represents the impact of foreign exchange fluctuations, which is not allocated to the Company’s segments for management’s internal reporting purposes. Adjusted income from operations for “Others” primarily represents gains related to a transfer of land, government incentives and the impact of foreign exchange fluctuations, which are not allocated to the Company’s segments for management’s internal reporting purposes.

#Includes $10,524 toward the accelerated charge of a contract cost asset relating to a wealth management platform used in the Company’s BCMI segment that the Company no longer plans to leverage beyond its current scope. If this charge had been recorded in the BCMI segment in the year ended December 31, 2019, AOI for the Company’s BCMI segment in 2019 would have been $105,474, with a corresponding increase in AOI of “Others” to $53,723.

24. Segment reporting (Continued)

Revenues and adjusted income from operations for each of the Company’s segments for the year ended December 31, 2020 were as follows:

			Reportable segments
			BCMI						CGRLH						HMS						Total Reportable segments						Others**						Total
Revenues, net			1,079,193						1,264,654						1,388,826						3,732,673						(23,296)						3,709,377
Adjusted income from 0perations			132,939						197,197						244,166						574,302						14,506						588,808
Stock-based compensation																																	(74,008)
Amortization and impairment of acquired intangible assets (other than included above)																																	(43,648)
Acquisition-related expenses																																	(2,650)
Foreign exchange gains (losses), net																																	7,482
Interest income (expense), net																																	(48,960)
Restructuring expenses (refer (a) below and Note 28)																																	(26,547)
Income tax expense																																	(92,201)
Net income																																	308,276

(a) We do not allocate these charges to individual segments in internal management reports used by the chief operating decision maker. Accordingly, such expenses are included in our segment reporting as “unallocated costs.”

**Revenues, net for “Others” primarily represents the impact of foreign exchange fluctuations, which is not allocated to the Company’s segments for management’s internal reporting purposes. Adjusted income from operations for “Others” primarily represents the impact of over-absorption of overhead, unallocated allowances for credit losses, impairments related to operating ROU assets and property, plant and equipment, and foreign exchange fluctuations, which are not allocated to the Company’s segments for management’s internal reporting purposes.

Revenues and adjusted income from operations for each of the Company’s segments for the year ended December 31, 2021 were as follows:

			Reportable segments
			BCMI						CGRLH						HMS						Total Reportable segments						Others*						Total
Revenues, net			1,016,786						1,509,534						1,479,153						4,005,473						16,738						4,022,211
Adjusted income from operations			126,972						250,765						272,754						650,491						12,189						662,680
Stock-based compensation																																	(81,968)
Amortization and impairment of acquired intangible assets (other than included above)																																	(57,641)
Acquisition-related expenses																																	(1,177)
Foreign exchange gains (losses), net																																	12,669
Interest income (expense), net																																	(51,434)
Income tax expense																																	(113,681)
Net income																																	369,448

*Revenues, net for “Others” primarily represents the impact of foreign exchange fluctuations, which is not allocated to the Company’s segments for management’s internal reporting purposes. Adjusted income from operations for “Others” primarily represents the impact of over-absorption of overhead, unallocated allowances for credit losses, and foreign exchange fluctuations, which are not allocated to the Company’s segments for management’s internal reporting purposes.

Schedule of net revenues from geographic areas based on location of service delivery centers

Net revenues from geographic areas based on the location of the Company’s service delivery centers are as follows. A portion of net revenues attributable to India consists of net revenues for services performed by delivery centers in India or at clients’ premises outside of India by business units or personnel normally based in India.

			Year ended December 31,
			2019						2020						2021
India			$	1,890,897					$	1,851,347					$	2,022,123
Asia, other than India			356,726						461,839						536,595
North and Latin America			863,748						1,007,635						1,011,759
Europe			409,172						388,556						451,734
Total net revenues			$	3,520,543					$	3,709,377					$	4,022,211

Schedule of property, plant and equipment, net by geographic areas

Property, plant and equipment, net by geographic region are as follows:

			As of December 31,
			2020						2021
India			$	157,129					$	142,237
Asia, other than India			16,790						16,315
North and Latin America			44,934						36,973
Europe			12,269						19,564
Total			$	231,122					$	215,089

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
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