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Consolidated Statements of Income and Other Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2019
Revenue $ 420,317 $ 659,205
Warrant contra revenue 0 (1,295)
Net revenue 420,317 657,910
Cost of services (355,591) (547,014)
Gross profit 64,726 110,896
Selling, general and administrative expenses (60,020) (91,363)
Impairment losses and restructuring cost (3,962) (9,827)
Acquisition related cost (7,036) 11
Operating Income/ (Loss) (6,292) 9,717
Share of profit/ (loss) of equity-accounted investees 115 (226)
Interest expense, net (11,220) (15,824)
Exchange gain (loss), net (1,309) (2,157)
Loss before income taxes (18,706) (8,490)
Income tax expense (3,570) (4,791)
Net Income (Loss) (22,276) (13,281)
Net loss attributable to Startek shareholders (24,312) (15,018)
Net income/(loss) attributable to non-controlling interests 2,036 1,737
Other comprehensive (loss) / income, net of tax    
Foreign currency translation (3,879) (579)
Change in fair value of derivative instruments (15) 490
Pension amortization (2,246) (740)
Comprehensive Income/ (loss) for the year (28,416) (14,110)
Comprehensive Income/ (loss) attributable to Startek shareholders (29,457) (15,493)
Comprehensive income (loss) attributable to non-controlling interests $ 1,041 $ 1,383
Net loss per common share - basic and diluted (in dollars per share) $ (0.80) $ (0.39)
Weighted average common shares outstanding - basic and diluted (in shares) 30,518 38,132