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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2024
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 client relationship generally correlates with the client’s geographic location, there is a high degree of similarity between client locations and the geographic boundaries of the Company’s reportable segments. In some cases, managerial responsibility for a particular client is assigned to a management team in another region and is usually based on the strength of the relationship between client executives and particular members of EPAM’s senior management team. In such cases, the client’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.
Revenues from external clients and operating profit/(loss), before unallocated expenses, by reportable segment for the three months ended March 31, 2024 and 2023, were as follows:
 Three Months Ended
March 31,
 20242023
Segment revenues:
North America$704,729 $709,957 
Europe460,736 493,147 
Russia— 7,837 
Total segment revenues$1,165,465 $1,210,941 
Segment operating profit/(loss):  
North America$120,664 $122,831 
Europe60,519 59,904 
Russia— (3,005)
Total segment operating profit$181,183 $179,730 
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 clients that accounted for more than 10% of total segment revenues during the three months ended March 31, 2024 and 2023.
Reconciliation of segment operating profit to consolidated income before provision for income taxes is presented below:
Three Months Ended
March 31,
20242023
Total segment operating profit:$181,183 $179,730 
Unallocated amounts:
Stock-based compensation expense(44,791)(38,579)
Amortization of intangibles assets(5,949)(5,537)
Other acquisition-related expenses (1,223)(241)
Other unallocated expenses(18,688)(15,002)
Income from operations110,532 120,371 
Interest and other income, net15,042 11,521 
Foreign exchange loss(1,919)(4,608)
Income before provision for income taxes$123,655 $127,284 
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
March 31,
2024		As of
December 31,
2023
Ukraine$60,825 $62,653 
Belarus48,473 49,875 
United States40,601 42,510 
Poland13,920 15,057 
India12,006 12,735 
Hungary5,715 6,683 
Other 40,704 45,540 
Total$222,244 $235,053 
The table below presents information about the Company’s revenues by client location for the three months ended March 31, 2024 and 2023:
Three Months Ended
March 31,
20242023
United States$667,148 $679,437 
United Kingdom135,901 155,327 
Switzerland98,444 89,861 
Netherlands51,670 59,100 
Germany50,462 42,735 
Canada22,620 27,832 
Russia— 5,873 
Other locations139,220 150,776 
Total$1,165,465 $1,210,941