XML 93 R62.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

EMPLOYEE BENEFITS (Tables)

12 Months Ended

Dec. 31, 2019

Share-Based Payment Arrangements [Abstract]

Evolution of share options outstanding

The following tables summarizes the RSU vested during the years 2019 and 2018:

		December 31, 2019						December 31, 2018
		Number of RSUs vested			Grant price			Number of RSUs vested			Grant price
Granted in 2017							500								36.30			500			36.30
Granted in 2017		45,283			37.00			45,906			37.00
Granted in 2017		—			38.21			2,671			38.21
Granted in 2017		2,250			42.00			2,250			42.00
Granted in 2018		—			45.50			107,463			45.50
Granted in 2018		—			53.29			4,443			53.29
Granted in 2018		100,206			46.00			—			46.00
Granted in 2018		1,000			55.07			—			55.07
Granted in 2018		436			57.39			—			57.39
Granted in 2018		1,000			52.74			—			52.74
Granted in 2018		2,500			50.92			—			50.92
Granted in 2018		1,500			56.87			—			56.87
Granted in 2019		27,185			69.77			—			69.77
Balance at end of the year		181,860						163,233

The following shows the evolution of the share options for the years ended at December 31, 2019 and 2018:

		As of December 31, 2019						As of December 31, 2018
		Number of options			Weighted average exercise price			Number of options			Weighted average exercise price
Balance at the beginning of year		1,786,467			27.96			2,155,851			23.02
Options granted during the year		4,000			52.10			221,000			46.45
Forfeited during the year		(21,625	)		31.77			(78,716	)		36.89
Exercised during the year		(717,240	)		22.06			(511,668	)		13.76
Balance at end of year		1,051,602			31.82			1,786,467			27.96

24.2 - Share options exercised and RSU vested during the year:

		As of December 31, 2019						As of December 31, 2018
		Number of options exercised			Exercise   price			Number of options exercised			Exercise  price
Granted in 2006		—			0.95			9,900			0.95
Granted in 2007		—			0.71			200,000			0.71
Granted in 2007		—			1.40			616			1.40
Granted in 2010		—			2.48			1,793			2.48
Granted in 2010		—			3.38			19,732			3.38
Granted in 2011		—			2.71			6,031			2.71
Granted in 2012		22,170			6.77			—			6.77
Granted in 2012		1,103			0.95			—			0.95
Granted in 2012		1,304			2.48			—			2.48
Granted in 2012		13,223			3.38			—			3.38
Granted in 2012		22,170			10.00			—			10.00
Granted in 2012		47,169			12.22			—			12.22
Granted in 2014		173,211			10.00			66,146			10.00
Granted in 2014		—			13.20			3,769			13.20
Granted in 2015		163,834			28.31			111,843			28.31
Granted in 2015		8,000			34.20			3,000			34.20
Granted in 2015		12,097			29.34			1,200			29.34
Granted in 2015		30,000			22.77			—			22.77
Granted in 2016		105,020			29.01			18,750			29.01
Granted in 2016		98,939			32.36			68,888			32.36
Granted in 2018		5,000			44.97			—			44.97
Granted in 2018		10,000			46.00			—			46.00
Granted in 2018		1,500			50.92			—			50.92
Granted in 2018		2,500			55.07			—			55.07
Balance at end of the year		717,240						511,668

The following shows the evolution of the RSUs for the years ended at December 31, 2019 and 2018:

		As of December 31, 2019						As of December 31, 2018
		Number of RSU			Weighted average grant price			Number of RSU			Weighted average grant price
Balance at the beginning of year		535,838			44.70			164,859			37.58
RSU granted during the year		309,539			85.80			564,995			46.29
Forfeited during the year		(38,621	)		47.69			(30,783	)		44.14
Issued during the year		(181,860	)		37.00			(163,233	)		43.13
Balance at end of year		624,896			64.05			535,838			44.70

Share-based compensation plan at the end of the year

The following tables summarizes the RSU at the end of the year:

Grant date		Grant price ($)			Number of Restricted Stock Units			Fair value at grant date ($)			Expense as of December 31, 2019 ($) (*)
2017		36.30			1,000			36			18
		37.00			45,242			1,674			2,217
		42.00			3,250			137			77
2018		46.00			281,180			12,934			5,221
		50.92			7,500			382			129
		52.74			3,000			158			54
		55.07			3,000			165			56
		56.87			—			—			67
2019		52.10			2,400			125			61
		87.44			268,750			23,500			6,450
		94.93			4,000			380			116
		69.77			—			—			446
		103.75			3,000			311			20
Subtotal					622,322			39,802			14,932
Non employees RSU
2018		46.00			—			—			35
		57.39			—			—			18
2019		87.44			2,574			225			126
Subtotal					2,574			225			179
Total					624,896			40,027			15,111

The following tables summarizes the share options at the end of the year:

Grant date		Exercise price ($)			Number of stock options			Number of stock options vested as of December 31, 2019			Fair value at grant date ($)			Fair value vested ($)			Expense as of December 31, 2019 (*)
2012		0.95			—			—			—			—			5
		2.48			—			—			—			—			9
		3.38			—			—			—			—			85
		12.22			—			—			—			—			—
2014		10.00			107,826			107,826			359			359			500
2015		22.77			—			—			—			—			—
		28.31			205,748			205,748			1,426			1,426			1,422
		29.34			3,875			3,875			26			26			—
		34.20			5,500			5,500			47			47			39
2016		29.01			117,480			52,480			810			362			888
		32.36			338,173			211,798			2,740			1,716			1,487
2017		38.16			30,000			20,000			273			182			91
		36.30			15,000			7,500			127			64			32
2018		44.97			15,000			—			268			—			118
		46.00			170,000			36,250			3,434			732			1,349
		55.07			7,500			—			181			—			97
		50.92			4,500			—			101			—			61
2019		52.10			4,000			—			89			—			43
Subtotal					1,024,602			650,977			9,881			4,914			6,226
Non employees stock options
2016		39.37			27,000			20,250			248			186			62
Subtotal					27,000			20,250			248			186			62
Total					1,051,602			671,227			10,129			5,100			6,288

^(*) Includes social security taxes.

Fair value of share-based compensation granted

The Company estimated the following assumptions for the calculation of the fair value of the share options:

Assumptions		Granted in 2019 for 2014 plan		Granted in 2018 for 2014 plan		Granted in 2017 for 2014 plan
Stock price		52.10		46.45		39.69
Expected option life		6 years		6 years		6 years
Volatility		40%		40%		19%
Risk-free interest rate		3.10%		3.00%		2.00%

X

- Definition

Share-Based Payment Arrangements [Abstract]

+ References

No definition available.

+ Details

Name:	glob_ShareBasedPaymentArrangementsAbstract
Namespace Prefix:	glob_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2019-01-01
-Paragraph 47
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2019-en-r&anchor=para_47_a&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2019-01-01
-Paragraph 45
-Subparagraph b
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2019-en-r&anchor=para_45_b&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the range of exercise prices for outstanding share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2019-01-01
-Paragraph 45
-Subparagraph d
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2019-en-r&anchor=para_45_d&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration