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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company determines its business segments and reports segment information in accordance with how the Company’s chief operating decision maker (“CODM”) organizes the segments to evaluate performance, allocate resources and make business decisions. Segment results are based on the segment’s revenues and operating profit, where segment operating profit is defined as income from operations before unallocated costs. Expenses included in segment operating profit consist principally of direct selling and delivery costs as well as an allocation of certain shared services expenses. Certain corporate expenses are not allocated to specific segments as these expenses are not controllable at the segment level. Such expenses include certain types of professional fees, certain taxes included in operating expenses, compensation to non-employee directors and certain other general and administrative expenses, including compensation of specific groups of non-production employees. In addition, the Company does not allocate amortization of intangible assets acquired through business combinations, goodwill and other asset impairment charges, stock-based compensation expenses, acquisition-related costs and certain other one-time charges and benefits. These unallocated amounts are combined with total segment operating profit to arrive at consolidated income from operations as reported below in the reconciliation of segment operating profit to consolidated income before provision for income taxes. Additionally, management has determined that it is not practical to allocate identifiable assets by segment since such assets are used interchangeably among the segments.
The Company manages its business primarily based on the managerial responsibility for its client base and market. As managerial responsibility for a particular customer relationship generally correlates with the customer’s geographic location, there is a high degree of similarity between customer locations and the geographic boundaries of the Company’s reportable segments. In some cases, managerial responsibility for a particular customer is assigned to a management team in another region and is usually based on the strength of the relationship between customer executives and particular members of EPAM’s senior management team. In such cases, the customer’s activity would be reported through the management team’s reportable segment.
On July 26, 2023, the Company completed the sale of its remaining holdings in Russia to a third party. As a result of this sale, the Company no longer has operations associated with this segment. See Note 2 “Impact of the Invasion of Ukraine” for more information.
Revenues from external customers and operating profit/(loss), before unallocated expenses, by reportable segment for the three and nine months ended September 30, 2023 and 2022, were as follows:
 Three Months Ended
September 30,		Nine Months Ended
September 30,
 2023202220232022
Segment revenues:
North America$684,778 $748,383 $2,074,806 $2,159,751 
Europe465,813 470,009 1,442,402 1,373,923 
Russia1,545 8,528 16,075 59,721 
Total segment revenues$1,152,136 $1,226,920 $3,533,283 $3,593,395 
Segment operating profit/(loss):  
North America$132,438 $175,845 $386,929 $429,999 
Europe64,074 64,813 188,779 156,920 
Russia(118)1,507 (5,866)(16,315)
Total segment operating profit$196,394 $242,165 $569,842 $570,604 
Intersegment transactions were excluded from the above on the basis that they are neither included in the measure of a segment’s profit and loss results, nor considered by the CODM during the review of segment results.
There were no customers that accounted for more than 10% of total segment revenues during the three and nine months ended September 30, 2023 and 2022.
Reconciliation of segment operating profit to consolidated income before provision for income taxes is presented below:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2023202220232022
Total segment operating profit:$196,394 $242,165 $569,842 $570,604 
Unallocated amounts:
Stock-based compensation expense(37,847)(33,287)(109,536)(68,292)
Amortization of intangibles assets(5,688)(5,584)(16,708)(16,584)
Other acquisition-related expenses (867)(265)(2,448)(934)
Loss on sale of business(25,922)— (25,922)— 
Other unallocated expenses(12,042)(22,802)(36,483)(82,305)
Income from operations114,028 180,227 378,745 402,489 
Interest and other income, net13,931 4,228 37,162 5,642 
Foreign exchange gain/(loss)3,893 6,691 (6,725)(102,035)
Income before provision for income taxes$131,852 $191,146 $409,182 $306,096 

Geographic Area Information
Long-lived assets presented in the table below include property and equipment, net of accumulated depreciation and amortization, and management has determined that it is not practical to allocate these assets by segment since such assets are used interchangeably among the segments. Physical locations and values of the Company’s long-lived assets are presented below:
As of
September 30,
2023		As of
December 31,
2022
Ukraine$65,277 $70,183 
United States56,995 68,804 
Belarus51,761 57,311 
Poland12,213 14,685 
India6,856 8,506 
Hungary6,752 8,552 
Other 39,800 45,307 
Total$239,654 $273,348 
See Note 2 “Impact of the Invasion of Ukraine” for more information regarding the Company’s decisions to no longer serve customers in Russia, impairment of long-lived assets in Russia and the sale of its holdings in Russia.
The table below presents information about the Company’s revenues by customer location for the three and nine months ended September 30, 2023 and 2022:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2023202220232022
United States$652,757 $715,314 $1,981,816 $2,059,293 
United Kingdom140,718 160,683 448,526 463,610 
Switzerland91,504 76,191 270,862 237,247 
Netherlands59,020 56,996 176,528 158,054 
Germany44,843 40,116 132,606 116,379 
Canada21,808 29,145 76,125 87,985 
Russia1,545 8,013 13,290 56,692 
Other locations139,941 140,462 433,530 414,135 
Total$1,152,136 $1,226,920 $3,533,283 $3,593,395