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Selected Quarterly Financial Data (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Quarterly Financial Data [Line Items]                      
Net revenues $ 235,324us-gaap_Revenues $ 228,332us-gaap_Revenues $ 228,250us-gaap_Revenues $ 219,523us-gaap_Revenues $ 223,287us-gaap_Revenues $ 209,871us-gaap_Revenues $ 202,501us-gaap_Revenues $ 189,106us-gaap_Revenues $ 911,429us-gaap_Revenues [1] $ 824,765us-gaap_Revenues [1] $ 723,903us-gaap_Revenues [1]
Cost of revenues 137,856us-gaap_CostOfRevenue 133,804us-gaap_CostOfRevenue 138,702us-gaap_CostOfRevenue 123,500us-gaap_CostOfRevenue 118,169us-gaap_CostOfRevenue 112,158us-gaap_CostOfRevenue 118,920us-gaap_CostOfRevenue 111,329us-gaap_CostOfRevenue 533,862us-gaap_CostOfRevenue 460,576us-gaap_CostOfRevenue 408,919us-gaap_CostOfRevenue
Gross Profit 97,468us-gaap_GrossProfit 94,528us-gaap_GrossProfit 89,548us-gaap_GrossProfit 96,023us-gaap_GrossProfit 105,118us-gaap_GrossProfit 97,713us-gaap_GrossProfit 83,581us-gaap_GrossProfit 77,777us-gaap_GrossProfit 377,567us-gaap_GrossProfit 364,189us-gaap_GrossProfit 314,984us-gaap_GrossProfit
Selling, general and administrative expenses 24,109us-gaap_SellingGeneralAndAdministrativeExpense 26,566us-gaap_SellingGeneralAndAdministrativeExpense 26,321us-gaap_SellingGeneralAndAdministrativeExpense 32,221us-gaap_SellingGeneralAndAdministrativeExpense 29,759us-gaap_SellingGeneralAndAdministrativeExpense 22,445us-gaap_SellingGeneralAndAdministrativeExpense 18,690us-gaap_SellingGeneralAndAdministrativeExpense 25,693us-gaap_SellingGeneralAndAdministrativeExpense 109,217us-gaap_SellingGeneralAndAdministrativeExpense 96,587us-gaap_SellingGeneralAndAdministrativeExpense 103,044us-gaap_SellingGeneralAndAdministrativeExpense
Income from operations 73,359us-gaap_OperatingIncomeLoss 67,962us-gaap_OperatingIncomeLoss 63,227us-gaap_OperatingIncomeLoss 63,802us-gaap_OperatingIncomeLoss 75,359us-gaap_OperatingIncomeLoss 75,268us-gaap_OperatingIncomeLoss 64,891us-gaap_OperatingIncomeLoss 52,084us-gaap_OperatingIncomeLoss 268,350us-gaap_OperatingIncomeLoss 267,602us-gaap_OperatingIncomeLoss 211,940us-gaap_OperatingIncomeLoss
Other income (expense), net 15,906us-gaap_OtherNonoperatingIncomeExpense 10,657us-gaap_OtherNonoperatingIncomeExpense 12,175us-gaap_OtherNonoperatingIncomeExpense 11,785us-gaap_OtherNonoperatingIncomeExpense 9,802us-gaap_OtherNonoperatingIncomeExpense [2] 949us-gaap_OtherNonoperatingIncomeExpense [2] (1,335)us-gaap_OtherNonoperatingIncomeExpense [2] 8,804us-gaap_OtherNonoperatingIncomeExpense [2] 50,523us-gaap_OtherNonoperatingIncomeExpense 18,220us-gaap_OtherNonoperatingIncomeExpense [2] 27,988us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 89,265us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 78,619us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 75,402us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 75,587us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 85,161us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 76,217us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 63,556us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 60,888us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 318,873us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 285,822us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 239,928us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 18,563us-gaap_IncomeTaxExpenseBenefit [3] 17,013us-gaap_IncomeTaxExpenseBenefit [3] 16,118us-gaap_IncomeTaxExpenseBenefit [3] 17,439us-gaap_IncomeTaxExpenseBenefit [3] 18,856us-gaap_IncomeTaxExpenseBenefit [4] 16,800us-gaap_IncomeTaxExpenseBenefit [4] 16,044us-gaap_IncomeTaxExpenseBenefit [4] 14,464us-gaap_IncomeTaxExpenseBenefit [4] 69,133us-gaap_IncomeTaxExpenseBenefit [3] 66,164us-gaap_IncomeTaxExpenseBenefit [4] 54,385us-gaap_IncomeTaxExpenseBenefit
Net income $ 70,702us-gaap_NetIncomeLoss $ 61,606us-gaap_NetIncomeLoss $ 59,284us-gaap_NetIncomeLoss $ 58,148us-gaap_NetIncomeLoss $ 66,305us-gaap_NetIncomeLoss $ 59,417us-gaap_NetIncomeLoss $ 47,512us-gaap_NetIncomeLoss $ 46,424us-gaap_NetIncomeLoss $ 249,740us-gaap_NetIncomeLoss $ 219,658us-gaap_NetIncomeLoss $ 185,543us-gaap_NetIncomeLoss
Earnings per share, diluted $ 0.84us-gaap_EarningsPerShareDiluted [5] $ 0.73us-gaap_EarningsPerShareDiluted [5] $ 0.71us-gaap_EarningsPerShareDiluted [5] $ 0.69us-gaap_EarningsPerShareDiluted [5] $ 0.79us-gaap_EarningsPerShareDiluted [5] $ 0.71us-gaap_EarningsPerShareDiluted [5] $ 0.57us-gaap_EarningsPerShareDiluted [5] $ 0.55us-gaap_EarningsPerShareDiluted [5] $ 2.97us-gaap_EarningsPerShareDiluted [5] $ 2.62us-gaap_EarningsPerShareDiluted [5] $ 2.22us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding, diluted 84,055us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,968us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,916us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,944us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,900us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,776us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,700us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,678us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,971us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,764us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 83,586us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Net revenues are attributed to regions based upon customer location.
[2] Other income, net includes interest expenses of $0.2 million, $0.4 million and $0.6 million regrouped from selling general and administration expenses for the quarters ended March 31, 2013, June 30, 2013 and September 30, 2013, respectively. For the quarter ended December 31, 2013, interest expenses of $0.6 million were reported under other income.
[3] The tax rate for the year ended December 31, 2014 was impacted by a favorable adjustment of $1.20 million, which related to the true up of tax provisions, pursuant to finalization of the tax computation of Syntel Limited, which had arisen on account of setoff of inter units unabsorbed expenses. Further, a $0.86 million tax charge has arisen on account of the particular tax dispute raised during the year. The Company has provided tax charges of $1.63 million and $0.88 million on account of valuation allowances against deferred tax assets recognized on investments and the minimum alternative tax, respectively. Without the above, the effective tax rate for the year ended December 31, 2014 would have been 21.1%.
[4] The tax rate for the year ended December 31, 2013 was impacted by a favorable adjustment of $1.09 million which related to the true up of tax provisions, pursuant to finalization of the tax computation for filing tax returns of Syntel Limited, which had arisen on account of finalization of the actual numbers of expenses apportionment, wage reconciliations, meal disallowances etc., compared with the amounts estimated earlier for the tax provisions. Further, a $0.43 million reversal of tax reserve has arisen on account of the reversal of a valuation allowance, created in the past, and against deferred tax assets recognized on the allowance on the accumulated losses. During the year ended December 31, 2013, the Company reviewed the filing requirements for certain U.S. State and City income tax returns. The Company has updated the profit apportionment method in those certain states and cities. Accordingly, the Company had provided $1.59 million, out of which $0.6 million relates to the prior years. Without the above, the effective tax rate for the year ended December 31, 2013 would have been 23.5%.
[5] Earnings per share for the quarter are computed independently and may not equal the earnings per share computed for the total year.