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QUARTERLY FINANCIAL DATA (UNAUDITED) (TABLES)
12 Months Ended
Dec. 31, 2017
QUARTERLY FINANCIAL DATA (UNAUDITED) [ABSTRACT]  
Schedule of Quarterly Financial Information [Table Text Block]

The following tables present certain quarterly financial data for the year ended December 31, 2017 (in thousands except per share amounts).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

338,277

 

$

353,429

 

$

359,036

 

$

426,623

 

Cost of services

 

 

253,898

 

 

268,004

 

 

275,548

 

 

312,618

 

Selling, general and administrative

 

 

43,220

 

 

43,985

 

 

45,167

 

 

49,942

 

Depreciation and amortization

 

 

14,500

 

 

16,258

 

 

16,515

 

 

17,234

 

Restructuring and integration charges, net

 

 

169

 

 

3,593

 

 

6,006

 

 

4,897

 

Impairment losses

 

 

 —

 

 

 —

 

 

 —

 

 

5,322

 

Income from operations

 

 

26,490

 

 

21,589

 

 

15,800

 

 

36,610

 

Other income (expense)

 

 

(932)

 

 

(4,198)

 

 

1,846

 

 

(8,318)

 

(Provision for) benefit from income taxes

 

 

(5,391)

 

 

(1,597)

 

 

(2,071)

 

 

(69,016)

 

Non-controlling interest

 

 

(922)

 

 

(1,100)

 

 

(806)

 

 

(728)

 

Net income (loss) attributable to TTEC stockholders

 

$

19,245

 

$

14,694

 

$

14,769

 

$

(41,452)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

45,950

 

 

45,662

 

 

45,838

 

 

45,856

 

Diluted

 

 

46,315

 

 

46,150

 

 

46,367

 

 

46,461

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share attributable to TTEC stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.42

 

$

0.32

 

$

0.32

 

$

(0.90)

 

Diluted

 

$

0.42

 

$

0.32

 

$

0.32

 

$

(0.89)

 

 

The following tables present certain quarterly financial data for the year ended December 31, 2016 (in thousands except per share amounts).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

312,410

 

$

305,105

 

$

312,796

 

$

344,947

 

Cost of services

 

 

231,340

 

 

226,768

 

 

233,541

 

 

249,943

 

Selling, general and administrative

 

 

45,500

 

 

44,774

 

 

40,628

 

 

44,895

 

Depreciation and amortization

 

 

17,729

 

 

17,221

 

 

16,811

 

 

16,914

 

Restructuring and integration charges, net

 

 

88

 

 

114

 

 

3,688

 

 

502

 

Impairment losses

 

 

 —

 

 

 —

 

 

5,602

 

 

26,448

 

Income from operations

 

 

17,753

 

 

16,228

 

 

12,526

 

 

6,245

 

Other income (expense)

 

 

(1,320)

 

 

(734)

 

 

(690)

 

 

290

 

Provision for income taxes

 

 

(4,528)

 

 

(2,952)

 

 

813

 

 

(6,196)

 

Non-controlling interest

 

 

(680)

 

 

(926)

 

 

(1,198)

 

 

(953)

 

Net income attributable to TTEC stockholders

 

$

11,225

 

$

11,616

 

$

11,451

 

$

(614)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

48,368

 

 

47,873

 

 

47,081

 

 

46,386

 

Diluted

 

 

48,746

 

 

48,221

 

 

47,315

 

 

46,677

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share attributable to TTEC stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.23

 

$

0.24

 

$

0.24

 

$

(0.01)

 

Diluted

 

$

0.23

 

$

0.24

 

$

0.24

 

$

(0.01)