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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2017
Schedule of Revenues from External Customers and Segment Gross Profit

Related Information,” segment disclosures are presented below. Revenues from external customers and gross profit for the Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics and Telecom segments for the three and six months ended June 30, 2017 and June 30, 2016 are as follows:

 

     Three Months Ended      Six Months Ended  
     June 30,      June 30,  
     2017      2016      2017      2016  
     (in thousands)      (in thousands)  

Net Revenues:

           

Banking and Financial Services

   $ 103,663      $ 120,351      $ 209,632      $ 241,809  

Healthcare and Life Sciences

     39,614        39,998        77,176        78,361  

Insurance

     33,102        32,271        65,501        62,820  

Manufacturing

     9,451        11,838        18,982        23,254  

Retail, Logistics and Telecom

     40,981        41,560        81,389        81,164  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 226,811      $ 246,018      $ 452,680      $ 487,408  
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross Profit:

           

Banking and Financial Services

     37,681        43,892        76,993        90,297  

Healthcare and Life Sciences

     15,455        16,669        29,945        30,266  

Insurance

     10,348        11,420        21,319        21,981  

Manufacturing

     2,498        3,619        4,887        6,816  

Retail, Logistics and Telecom

     16,027        16,087        31,708        32,694  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Segment Gross Profit

     82,009        91,687        164,852        182,054  

Corporate Direct cost

     (549      (702      (970      (1,345
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross Profit

   $ 81,460      $ 90,985      $ 163,882      $ 180,709  

Selling, general and administrative expenses

     28,699        18,265        58,990        47,942  
  

 

 

    

 

 

    

 

 

    

 

 

 

Income from operations

   $ 52,761      $ 72,720      $ 104,892      $ 132,767