Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information

4. Segment Information

The Company provides various types of business process solutions utilizing operations management, analytics and technology. These services are provided in an integrated manner to clients in various industries. The chief operating decision maker (the “CODM”) generally reviews financial information at the consolidated statement of income level disaggregated by our two segments: Outsourcing Services and Transformation Services, but does not review any information except for revenues and cost of revenues for these individual segments. Therefore, the Company does not allocate or evaluate operating expenses, interest expense or income, capital expenditures, and income taxes to its operating segments. Consequently, it is not practical to show assets, capital expenditures, depreciation or amortization by segment.

Revenues and cost of revenues for each of the three months ended June 30, 2014 and 2013 for the Company’s outsourcing services and transformation services segments, respectively, are as follows:

	Three months ended June 30, 2014							Three months ended June 30, 2013
	Outsourcing Services		Transformation Services		Total			Outsourcing Services		Transformation Services		Total
Revenues	$	94,314	$	25,424	$	119,738		$	97,328	$	18,680	$	116,008
Cost of revenues (exclusive of depreciation and amortization)		62,494		18,765		81,259			59,483		14,447		73,930
Gross profit	$	31,820	$	6,659	$	38,479		$	37,845	$	4,233	$	42,078
Operating expenses						32,382							29,251
Other income/(expense)						721							24
Income tax provision						(944	)						3,615
Net income					$	7,762						$	9,236

Revenues and cost of revenues for each of the six months ended June 30, 2014 and 2013 for the Company’s outsourcing services and transformation services segments, respectively, are as follows:

	Six months ended June 30, 2014						Six months ended June 30, 2013
	Outsourcing Services		Transformation Services		Total		Outsourcing Services		Transformation Services		Total
Revenues	$	194,405	$	47,130	$	241,535	$	194,900	$	37,114	$	232,014
Cost of revenues (exclusive of depreciation and amortization)		121,393		34,788		156,181		118,959		27,884		146,843
Gross profit	$	73,012	$	12,342	$	85,354	$	75,941	$	9,230	$	85,171
Operating expenses						63,770						60,239
Other income/(expense)						847						678
Income tax provision						3,521						6,612
Net income					$	18,910					$	18,998