XML 70 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended 36 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2019
Consolidated Statements of Comprehensive Income        
Revenue. $ 1,643,704 $ 1,509,171 $ 1,477,365  
Type of Revenue       us-gaap:TechnologyServiceMember
Operating expenses        
Cost of services (exclusive of depreciation and amortization presented separately below) 1,242,887 1,157,927 1,110,068  
Selling, general and administrative 202,540 182,428 182,314  
Depreciation and amortization 69,086 69,179 64,507  
Restructuring charges, net 1,747 6,131 14,665  
Impairment losses 3,735 1,452 5,322  
Total operating expenses 1,519,995 1,417,117 1,376,876  
Income from operations 123,709 92,054 100,489  
Other income (expense)        
Interest income 1,913 4,476 2,841  
Interest expense (19,113) (28,674) (13,734)  
Other income (expense), net 3,902 (11,618) 1,869  
Non-cash loss on assets held-for-sale     (2,578)  
Total other income (expense) (13,298) (35,816) (11,602)  
Income before income taxes 110,411 56,238 88,887  
Benefit from (provision for) income taxes (25,677) (16,483) (78,075)  
Net income 84,734 39,755 10,812  
Net income attributable to noncontrolling interest (7,570) (3,938) (3,556)  
Net income (loss) attributable to TTEC stockholders 77,164 35,817 7,256  
Other comprehensive income (loss)        
Foreign currency translation adjustments 6,816 (30,382) 8,285  
Derivative valuation, gross 16,990 11,526 27,931  
Derivative valuation, tax effect (4,530) (4,058) (11,284)  
Other, net of tax (786) 308 105  
Total other comprehensive income (loss) 18,490 (22,606) 25,037  
Total comprehensive income (loss) 103,224 17,149 35,849  
Less: Comprehensive income attributable to noncontrolling interest (7,698) (3,624) (3,933)  
Comprehensive income attributable to TTEC stockholders $ 95,526 $ 13,525 $ 31,916  
Weighted average shares outstanding        
Basic 46,373 46,064 45,826  
Diluted 46,758 46,385 46,382  
Net income per share attributable to TTEC stockholders        
Basic $ 1.66 $ 0.78 $ 0.16  
Diluted $ 1.65 $ 0.77 $ 0.16