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Operating segments (Tables)
12 Months Ended
Mar. 31, 2018
Text block1 [abstract]  
Segment Results for Operating Segments

The segment results for the year ended March 31, 2018 are as follows:

 

     Year ended March 31, 2018  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 722,542      $ 35,414      $ —        $ 757,956  

Segment revenue

   $ 722,600      $ 35,414      $ (58    $ 757,956  

Payments to repair centers

     —          16,970        —          16,970  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     722,600        18,444        (58 )       740,986  

Depreciation

     19,682        272        —          19,954  

Other costs

     561,870        18,249        (58      580,061  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit

     141,048        (77 )       —          140,971  

Other income, net

     (9,757      (1,473      —          (11,230

Finance expense

     4,065        199        —          4,264  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit before income taxes

     146,740        1,197        —          147,937  

Provision for income taxes

     15,319        112        —          15,431  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit

     131,421        1,085        —          132,506  

Amortization of intangible assets

              15,505  

Share based compensation expense

              30,565  
           

 

 

 

Profit

            $ 86,436  
           

 

 

 

Addition to non-current assets

   $ 32,337      $ 201      $ —        $ 32,538  

Total assets, net of elimination

     633,186        126,377        —          759,563  

Total liabilities, net of elimination

   $ 181,627      $ 82,980      $ —        $ 264,607  

 

* Transactions between inter segments represent invoices issued by WNS Global BPM to WNS Auto Claims BPM for business process management services rendered by the former to the latter.

The segment results for the year ended March 31, 2017 are as follows:

 

     Year ended March 31, 2017  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 557,904      $ 44,642      $ —        $ 602,546  

Segment revenue

   $ 557,983      $ 44,642      $ (79    $ 602,546  

Payments to repair centers

        24,102        —          24,102  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     557,983        20,540        (79      578,444  

Depreciation

     16,598        305        —          16,903  

Other costs

     429,074        20,147        (79      449,142  

Impairment of goodwill (Refer note 9)

     —          21,673        —          21,673  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit/(loss)

     112,311        (21,585      —          90,726  

Other income, net

     (7,785      (904      —          (8,689

Finance expense

     547        —          —          547  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit/(loss) before income taxes

     119,549        (20,681      —          98,868  

Provision for income taxes

     17,441        89        —          17,530  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit/(loss)

     102,108        (20,770      —          81,338  

Amortization of intangible assets

              20,539  

Share-based compensation expense

              23,036  
           

 

 

 

Profit/(loss)

            $ 37,763  
           

 

 

 

Addition to non-current assets

   $ 111,280      $ 453      $ —        $ 111,733  

Total assets, net of elimination

     590,974        113,149        —          704,123  

Total liabilities, net of elimination

   $ 214,155      $ 74,902      $ —        $ 289,057  

 

* Transactions between inter segments represent invoices raised by WNS Global BPM on WNS Auto Claims BPM for business process outsourcing services rendered by the former to latter.

 

The segment results for the year ended March 31, 2016 are as follows:

 

     Year ended March 31, 2016  
     WNS
Global BPM
     WNS Auto
Claims BPM
     Inter
segments*
     Total  

Revenue from external customers

   $ 508,864      $ 53,315      $ —        $ 562,179  

Segment revenue

   $ 509,268      $ 53,315      $ (404    $ 562,179  

Payments to repair centers

     —          31,170        —          31,170  
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenue less repair payments (non-GAAP)

     509,268        22,145        (404      531,009  

Depreciation

     15,090        345        —          15,435  

Other costs

     377,051        22,966        (404      399,613  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment operating profit/(loss)

     117,127        (1,166      —          115,961  

Other income, net

     (7,461      (1,033      —          (8,494

Finance expense

     278        —          —          278  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit/(loss) before income taxes

     124,310        (133      —          124,177  

Provision for income taxes

     20,905        275        —          21,180  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment profit/(loss)

     103,405        (408      —          102,997  

Amortization of intangible assets

              25,198  

Share-based compensation expense

              17,919  
           

 

 

 

Profit/(loss)

            $ 59,880  
           

 

 

 

Addition to non-current assets

   $ 30,757      $ 1,101      $ —        $ 31,858  

Total assets, net of elimination

     373,195        152,256        —          525,451  

Total liabilities, net of elimination

   $ 36,660      $ 80,602      $ —        $ 117,262  

 

* Transactions between inter segments represent invoices raised by WNS Global BPM on WNS Auto Claims BPM for business process outsourcing services rendered by the former to latter.
External Revenue and Non-current Assets (Excluding Goodwill and Intangible Assets) by Geographic Area

Revenues from the geographic segments based on domicile of the customer. The Company’s external revenue by geographic area is as follows:

 

     Year ended March 31,  
     2018      2017      2016  

Jersey, Channel Islands

   $ —        $ —        $ —    

US

     308,436        196,193        155,345  

UK

     258,863        248,588        264,889  

Australia

     66,626        49,053        40,308  

Europe (excluding UK)

     47,169        37,494        34,732  

South Africa

     42,841        42,717        30,086  

Rest of the world

     34,021        28,501        36,819  
  

 

 

    

 

 

    

 

 

 

Total

   $ 757,956      $ 602,546      $ 562,179  
  

 

 

    

 

 

    

 

 

 

The Company’s non-current assets (excluding goodwill and intangible assets) by geographic area are as follows:

 

     As at
March 31,
 
     2018      2017  

Jersey, Channel Islands

   $ —        $ —    

UK

     756        1,228  

North America

     5,112        6,493  

India

     26,167        21,944  

South Africa

     10,529        11,449  

Philippines

     14,050        10,583  

Rest of the world

     3,992        3,099  
  

 

 

    

 

 

 

Total

   $ 60,606      $ 54,796