XML 23 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended 36 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2018
Consolidated Statements of Comprehensive Income        
Revenue $ 1,509,171 $ 1,477,365 $ 1,275,258  
Type of Revenue       us-gaap:TechnologyServiceMember
Operating expenses        
Cost of services (exclusive of depreciation and amortization presented separately below) 1,157,927 1,110,068 941,592  
Selling, general and administrative 182,428 182,314 175,797  
Depreciation and amortization 69,179 64,507 68,675  
Restructuring charges, net 6,131 14,665 4,392  
Impairment losses 1,452 5,322 32,050  
Total operating expenses 1,417,117 1,376,876 1,222,506  
Income from operations 92,054 100,489 52,752  
Other income (expense)        
Interest income 4,476 2,841 1,234  
Interest expense (28,674) (13,734) (7,943)  
Other income (expense), net (11,618) 1,869 6,855  
Loss on assets held-for-sale   (2,578)    
Non-cash loss on assets held-for-sale 0 0 (2,600)  
Total other income (expense) (35,816) (11,602) (2,454)  
Income before income taxes 56,238 88,887 50,298  
Benefit from (provision for) income taxes (16,483) (78,075) (12,863)  
Net income 39,755 10,812 37,435  
Net income attributable to noncontrolling interest (3,938) (3,556) (3,757)  
Net income (loss) attributable to TTEC stockholders 35,817 7,256 33,678  
Other comprehensive income (loss)        
Foreign currency translation adjustments (30,382) 8,285 (21,055)  
Derivative valuation, gross 11,526 27,931 (7,838)  
Derivative valuation, tax effect (4,058) (11,284) 2,330  
Other, net of tax 308 105 721  
Total other comprehensive income (loss) (22,606) 25,037 (25,842)  
Total comprehensive income (loss) 17,149 35,849 11,593  
Less: Comprehensive income attributable to noncontrolling interest (3,624) (3,933) (3,514)  
Comprehensive income attributable to TTEC stockholders $ 13,525 $ 31,916 $ 8,079  
Weighted average shares outstanding        
Basic 46,064 45,826 47,423  
Diluted 46,385 46,382 47,736  
Net income per share attributable to TTEC stockholders        
Basic $ 0.78 $ 0.16 $ 0.71  
Diluted $ 0.77 $ 0.16 $ 0.71