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Consolidated Statement of Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue $ 189,436 $ 142,652 $ 352,931 $ 303,829
Warrant contra revenue (405) (485) (830) (763)
Net Revenue 189,031 142,167 352,101 303,066
Cost of services (164,477) (126,354) (302,860) (267,195)
Gross profit 24,554 15,813 49,241 35,871
Selling, general and administrative expenses (12,298) (14,644) (26,469) (31,899)
Impairment losses and restructuring/exit cost 19 (235) (1,879) (24,557)
Operating income/ (loss) 12,275 934 20,893 (20,585)
Share of income/ (loss) of equity-accounted investees 59 (12) 45 (20)
Interest expense, net (2,484) (3,190) (16,253) (6,696)
Exchange gain / (loss), net 363 (1,637) 575 291
Income/ (loss) before income taxes 10,213 (3,905) 5,260 (27,010)
Income tax expense (2,093) (1,283) (6,995) (4,159)
Net income/ (loss) 8,120 (5,188) (1,735) (31,169)
Net income/ (Loss)        
Net income attributable to non-controlling interests 1,235 29 3,535 605
Net income/ ( loss) attributable to Startek shareholders $ 6,885 $ (5,217) $ (5,270) $ (31,774)
Net income/ (loss) per common share - basic (in dollars per share) $ 0.17 $ (0.14) $ (0.13) $ (0.82)
Net income/ (loss) per common share - diluted (in dollars per share) $ 0.17 $ (0.14) $ (0.13) $ (0.82)
Weighted average common shares outstanding - basic (in shares) 40,786 38,614 40,689 38,571
Weighted average common shares outstanding - diluted (in shares) 41,222 38,614 40,689 38,571