REVENUES

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

REVENUES

REVENUES

Disaggregation of Revenues

The following tables present the disaggregation of the Company’s revenues by customer location, including a reconciliation of the disaggregated revenues with the reportable segments (Note 15 “Segment Information”) for the periods indicated:

	Three Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	654,717	$	22,693	$	—	$	677,410
EMEA	29,251		416,986		—		446,237
APAC	786		24,265		—		25,051
CEE	24		1,869		1,545		3,438
Revenues	$	684,778	$	465,813	$	1,545	$	1,152,136

	Nine Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	1,991,871	$	73,797	$	631	$	2,066,299
EMEA	80,252		1,289,007		—		1,369,259
APAC	2,161		73,919		—		76,080
CEE	522		5,679		15,444		21,645
Revenues	$	2,074,806	$	1,442,402	$	16,075	$	3,533,283

	Three Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	723,015	$	23,575	$	501	$	747,091
EMEA	22,621		415,595		—		438,216
APAC	1,237		30,139		—		31,376
CEE	1,510		700		8,027		10,237
Revenues	$	748,383	$	470,009	$	8,528	$	1,226,920

	Nine Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Customer Locations
Americas	$	2,080,752	$	72,351	$	2,393	$	2,155,496
EMEA	70,909		1,212,144		99		1,283,152
APAC	2,813		88,321		—		91,134
CEE	5,277		1,107		57,229		63,613
Revenues	$	2,159,751	$	1,373,923	$	59,721	$	3,593,395

The following tables present the disaggregation of the Company’s revenues by industry vertical, including a reconciliation of the disaggregated revenues with the reportable segments (Note 15 “Segment Information”) for the periods indicated:

	Three Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	115,778	$	146,837	$	342	$	262,957
Financial Services	131,499		114,122		814		246,435
Business Information & Media	104,863		78,983		15		183,861
Software & Hi-Tech	136,520		37,545		281		174,346
Life Sciences & Healthcare	109,137		15,143		(36)		124,244
Emerging Verticals	86,981		73,183		129		160,293
Revenues	$	684,778	$	465,813	$	1,545	$	1,152,136

	Nine Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	359,475	$	451,531	$	3,770	$	814,776
Financial Services	410,527		358,091		7,450		776,068
Business Information & Media	327,378		248,351		196		575,925
Software & Hi-Tech	422,073		115,137		1,545		538,755
Life Sciences & Healthcare	305,700		44,123		120		349,943
Emerging Verticals	249,653		225,169		2,994		477,816
Revenues	$	2,074,806	$	1,442,402	$	16,075	$	3,533,283

	Three Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	131,181	$	147,271	$	1,950	$	280,402
Financial Services	134,673		115,372		4,741		254,786
Business Information & Media	121,703		87,028		167		208,898
Software & Hi-Tech	170,818		34,513		59		205,390
Life Sciences & Healthcare	116,878		12,569		228		129,675
Emerging Verticals	73,130		73,256		1,383		147,769
Revenues	$	748,383	$	470,009	$	8,528	$	1,226,920

	Nine Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Industry Verticals
Travel & Consumer	$	384,360	$	424,140	$	13,539	$	822,039
Financial Services	381,887		345,468		38,477		765,832
Business Information & Media	346,675		253,610		786		601,071
Software & Hi-Tech	488,134		100,814		1,248		590,196
Life Sciences & Healthcare	344,148		37,378		444		381,970
Emerging Verticals	214,547		212,513		5,227		432,287
Revenues	$	2,159,751	$	1,373,923	$	59,721	$	3,593,395

The following tables present the disaggregation of the Company’s revenues by contract type including a reconciliation of the disaggregated revenues with the Company’s reportable segments (Note 15 “Segment Information”) for the periods indicated:

	Three Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	602,765	$	391,479	$	1,355	$	995,599
Fixed-price	73,640		73,226		190		147,056
Licensing and other revenues	8,373		1,108		—		9,481
Revenues	$	684,778	$	465,813	$	1,545	$	1,152,136

	Nine Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	1,854,159	$	1,233,271	$	11,168	$	3,098,598
Fixed-price	202,144		205,897		4,873		412,914
Licensing and other revenues	18,503		3,234		34		21,771
Revenues	$	2,074,806	$	1,442,402	$	16,075	$	3,533,283

	Three Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	673,927	$	405,030	$	5,887	$	1,084,844
Fixed-price	69,565		64,426		2,424		136,415
Licensing and other revenues	4,891		553		217		5,661
Revenues	$	748,383	$	470,009	$	8,528	$	1,226,920

	Nine Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Contract Types
Time-and-material	$	1,955,361	$	1,172,981	$	39,226	$	3,167,568
Fixed-price	192,322		198,641		20,195		411,158
Licensing and other revenues	12,068		2,301		300		14,669
Revenues	$	2,159,751	$	1,373,923	$	59,721	$	3,593,395

Timing of Revenue Recognition

The following tables present the timing of revenue recognition reconciled with the Company’s reportable segments (Note 15 “Segment Information”) for the periods indicated:

	Three Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	682,410	$	465,286	$	1,545	$	1,149,241
Transferred at a point of time	2,368		527		—		2,895
Revenues	$	684,778	$	465,813	$	1,545	$	1,152,136

	Nine Months Ended September 30, 2023
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	2,066,081	$	1,440,682	$	16,042	$	3,522,805
Transferred at a point of time	8,725		1,720		33		10,478
Revenues	$	2,074,806	$	1,442,402	$	16,075	$	3,533,283

	Three Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	746,352	$	468,118	$	8,316	$	1,222,786
Transferred at a point of time	2,031		1,891		212		4,134
Revenues	$	748,383	$	470,009	$	8,528	$	1,226,920

	Nine Months Ended September 30, 2022
	Reportable Segments
	North America		Europe		Russia		Consolidated Revenues
Timing of Revenue Recognition
Transferred over time	$	2,153,772	$	1,371,390	$	59,447	$	3,584,609
Transferred at a point of time	5,979		2,533		274		8,786
Revenues	$	2,159,751	$	1,373,923	$	59,721	$	3,593,395

During the three and nine months ended September 30, 2023, the Company recognized $9.2 million and $7.1 million, respectively, of revenues from performance obligations satisfied in previous periods compared to $12.3 million and $7.2 million during the three and nine months ended September 30, 2022, respectively.

The following table includes the estimated revenues expected to be recognized in the future related to performance obligations that are partially or fully unsatisfied as of September 30, 2023. The Company applies a practical expedient and does not disclose the value of unsatisfied performance obligations for contracts (i) that have an original expected duration of one year or less and (ii) for which it recognizes revenues at the amount to which it has the right to invoice for services provided.

	Less than 1 year		1 Year		2 Years		3 Years		Total
Contract Type
Fixed-price	$	12,016	$	2,930	$	931	$	—	$	15,877

The Company applies a practical expedient and does not disclose the amount of the transaction price allocated to the remaining performance obligations nor provide an explanation of when the Company expects to recognize that amount as revenue for certain variable consideration.

Contract Balances

The following table provides information on the classification of contract assets and liabilities in the condensed consolidated balance sheets:

	As of September 30, 2023		As of December 31, 2022
Contract assets included in Trade receivables and contract assets, net	$	29,331	$	11,490
Contract liabilities included in Accrued expenses and other current liabilities	$	26,904	$	36,036
Contract liabilities included in Other noncurrent liabilities	$	630	$	42

Contract assets comprise amounts where the Company’s right to bill is contingent on something other than the passage of time such as achievement of contractual milestones. Contract assets have increased from December 31, 2022 primarily due to contracts where the Company’s right to bill is contingent upon achievement of contractual milestones. Contract liabilities comprise amounts collected from the Company’s customers for revenues not yet earned and such amounts are anticipated to be recorded as revenues when services are performed in subsequent periods. Contract liabilities have decreased from December 31, 2022 primarily due to completion of services performed for customers during the first nine months of 2023.

During the three and nine months ended September 30, 2023, the Company recognized $3.1 million and $27.4 million, respectively, of revenues that were included in Accrued expenses and other current liabilities at December 31, 2022. During the three and nine months ended September 30, 2022, the Company recognized $2.0 million and $34.0 million, respectively, of revenues that were included in Accrued expenses and other current liabilities at December 31, 2021.