XML 19 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Consolidated Statements of Comprehensive Income        
Revenue $ 289,692 $ 288,798 $ 578,075 $ 581,452
Operating expenses        
Cost of services (exclusive of depreciation and amortization presented separately below) 208,809 209,121 417,041 421,016
Selling, general and administrative 46,168 45,709 91,915 93,844
Depreciation and amortization 11,263 10,229 21,818 20,345
Restructuring charges, net 2,572 16,296 3,423 18,254
Impairment losses 1,205 997 1,205 2,797
Total operating expenses 270,017 282,352 535,402 556,256
Income from operations 19,675 6,446 42,673 25,196
Other income (expense)        
Interest income 575 695 1,244 1,455
Interest expense (1,903) (1,583) (3,768) (2,681)
Loss on deconsolidation of subsidiary (3,655) 0 (3,655) 0
Other income (expense), net 1,884 (582) 1,076 (324)
Total other income (expense) (3,099) (1,470) (5,103) (1,550)
Income before income taxes 16,576 4,976 37,570 23,646
(Provision for) benefit from income taxes (3,854) 1,272 (6,245) (581)
Net income 12,722 6,248 31,325 23,065
Net income attributable to noncontrolling interest (407) (925) (1,049) (1,861)
Net income attributable to TeleTech stockholders 12,315 5,323 30,276 21,204
Other comprehensive income (loss)        
Foreign currency translation adjustments (19,617) (5,530) (16,483) 3,252
Derivative valuation, gross (23,801) 2,719 (20,411) 14,390
Derivative valuation, tax effect 9,418 (1,000) 8,208 (5,574)
Other, net of tax 137 262 299 650
Total other comprehensive income (loss) (33,863) (3,549) (28,387) 12,718
Total comprehensive income (loss) (21,141) 2,699 2,938 35,783
Comprehensive income attributable to noncontrolling interest (277) (960) (829) (1,908)
Comprehensive income (loss) attributable to TeleTech stockholders $ (21,418) $ 1,739 $ 2,109 $ 33,875
Weighted average shares outstanding        
Basic 51,861 55,125 52,104 55,809
Diluted 52,628 55,712 52,912 56,558
Net income per share attributable to TeleTech stockholders        
Basic $ 0.24 $ 0.10 $ 0.58 $ 0.38
Diluted $ 0.23 $ 0.10 $ 0.57 $ 0.37