ExlService Holdings, Inc. (EXLS) financial statements (2020 and earlier)
Company profile
| Business Address |
320 PARK AVENUE NEW YORK, 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 281 | 280 | 265 | 227 | 219 | 188 | 154 | ||
| Cash and cash equivalents | 101 | 96 | 87 | 213 | 205 | 176 | 148 | ||
| Short-term investments | 179 | 184 | 178 | 13 | 14 | 12 | 6 | ||
| Restricted cash and investments | 5 | 6 | 4 | 4 | 2 | 1 | |||
| Receivables | 180 | 165 | 136 | 113 | 93 | 97 | 93 | ||
| Prepaid expense | 9 | 11 | 10 | 8 | 8 | 6 | 5 | ||
| Other current assets | 28 | 28 | 30 | 21 | 15 | 13 | 8 | ||
| Other undisclosed current assets | 3 | 10 | 9 | 6 | 2 | (2) | (7) | ||
| Total current assets: | 506 | 500 | 453 | 379 | 339 | 302 | 253 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 78 | 74 | 67 | 49 | 48 | 45 | 35 | ||
| Long-term investments and receivables | 3 | 3 | 3 | ||||||
| Long-term investments | 3 | 3 | 3 | ||||||
| Intangible assets, net (including goodwill) | 428 | 445 | 253 | 241 | 224 | 187 | 142 | ||
| Goodwill | 350 | 350 | 204 | 187 | 172 | 140 | 107 | ||
| Intangible assets, net (excluding goodwill) | 79 | 95 | 49 | 54 | 53 | 47 | 34 | ||
| Restricted cash and investments | 2 | 3 | 4 | 3 | 3 | 3 | 4 | ||
| Other noncurrent assets | 33 | 31 | 36 | 20 | 22 | 24 | 19 | ||
| Other undisclosed noncurrent assets | 95 | 7 | 9 | 15 | 14 | 12 | 12 | ||
| Total noncurrent assets: | 640 | 562 | 372 | 328 | 312 | 271 | 211 | ||
| TOTAL ASSETS: | 1,146 | 1,062 | 825 | 707 | 651 | 574 | 463 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 134 | 126 | 123 | 97 | 85 | 82 | 66 | ||
| Accounts payable | 4 | 6 | 6 | 3 | 6 | 5 | 5 | ||
| Accrued liabilities | 70 | 64 | 61 | 43 | 34 | 40 | 32 | ||
| Employee-related liabilities | 60 | 55 | 56 | 51 | 45 | 38 | 29 | ||
| Taxes payable | 1 | 1 | |||||||
| Debt | 21 | 22 | 11 | 10 | 10 | 1 | 1 | ||
| Derivative instruments and hedges, liabilities | 2 | 8 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 11 | 17 | 12 | 8 | 9 | ||
| Contract with customer, liability | 10 | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 4 | 4 | |||||||
| Other undisclosed current liabilities | 24 | (7) | (12) | ||||||
| Total current liabilities: | 188 | 155 | 144 | 124 | 107 | 91 | 76 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 224 | 264 | 51 | 35 | 60 | 51 | 1 | ||
| Long-term debt, excluding current maturities | 224 | 263 | 50 | 35 | 60 | 50 | |||
| Capital lease obligations | ✕ | 0 | 0 | 0 | 0 | 1 | 1 | ||
| Liabilities, other than long-term debt, including: | 9 | 17 | 16 | 15 | 18 | 13 | 15 | ||
| Deferred revenue and credits | ✕ | ✕ | 8 | 7 | 7 | 6 | 5 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | ||
| Contract with customer, liability | 2 | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred rent credit | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liability for uncertainty in income taxes | 1 | 1 | 1 | 4 | |||||
| Liability, pension and other postretirement and postemployment benefits | 2 | 4 | 3 | 2 | 1 | 2 | ✕ | ||
| Other liabilities | 2 | 0 | 3 | 1 | 6 | 2 | 1 | ||
| Derivative instruments and hedges, liabilities | 2 | 3 | 0 | 1 | 1 | 1 | 6 | ||
| Other undisclosed liabilities, other than long-term debt | 3 | 3 | |||||||
| Other undisclosed noncurrent liabilities | 77 | 8 | 14 | 3 | |||||
| Total noncurrent liabilities: | 310 | 289 | 80 | 50 | 78 | 63 | 20 | ||
| Other undisclosed liabilities | 1 | ||||||||
| Total liabilities: | 498 | 444 | 225 | 174 | 185 | 154 | 97 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 648 | 618 | 600 | 532 | 466 | 419 | 366 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (183) | (147) | (104) | (60) | (42) | (28) | (25) | ||
| Additional paid in capital | 386 | 364 | 322 | 285 | 254 | 233 | 215 | ||
| Accumulated other comprehensive loss | (86) | (83) | (46) | (75) | (67) | (56) | (61) | ||
| Retained earnings | 531 | 484 | 427 | 383 | 321 | 269 | 237 | ||
| Stockholders' equity attributable to noncontrolling interest | 0 | 0 | 0 | 0 | |||||
| Total stockholders' equity: | 648 | 618 | 600 | 532 | 466 | 419 | 366 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,146 | 1,062 | 825 | 707 | 651 | 574 | 463 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 969 | 883 | 762 | 686 | 628 | 519 | 478 | |
| Revenue, net | ✕ | ✕ | 762 | 686 | 628 | 519 | 478 | |
| Cost of revenue | (487) | (496) | (291) | |||||
| Cost of goods and services sold | (487) | (496) | (19) | |||||
| Other undisclosed gross profit | (155) | (585) | (448) | (403) | (352) | |||
| Gross profit: | 327 | 298 | 267 | 238 | 226 | 167 | 188 | |
| Operating expenses | (276) | (248) | (194) | (174) | (158) | (133) | (120) | |
| Other operating expense, net | (2) | |||||||
| Other undisclosed operating income | 2 | |||||||
| Operating income: | 51 | 50 | 72 | 64 | 67 | 34 | 67 | |
| Nonoperating income (expense) | 23 | 18 | 15 | 21 | 8 | 4 | (2) | |
| Foreign currency transaction gain (loss), before tax | 5 | 5 | 3 | 6 | 3 | (0) | (5) | |
| Other nonoperating income | 18 | 13 | 12 | 15 | 6 | 4 | 3 | |
| Interest and debt expense | (14) | (7) | (2) | (1) | (1) | |||
| Income from continuing operations before equity method investments, income taxes: | 60 | 60 | 85 | 84 | 74 | 38 | 65 | |
| Loss from equity method investments | (0) | |||||||
| Other undisclosed income from continuing operations before income taxes | 1 | |||||||
| Income from continuing operations before income taxes: | 60 | 60 | 85 | 84 | 76 | 38 | 65 | |
| Income tax expense | (9) | (3) | (36) | (22) | (24) | (5) | (17) | |
| Net income: | 50 | 57 | 49 | 62 | 52 | 32 | 48 | |
| Net loss attributable to noncontrolling interest | (0) | |||||||
| Other undisclosed net income (loss) attributable to parent | (0) | (0) | 0 | |||||
| Net income available to common stockholders, diluted: | 50 | 57 | 49 | 62 | 52 | 32 | 48 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 50 | 57 | 49 | 62 | 52 | 32 | 48 | |
| Other comprehensive income (loss) | 28 | (38) | 29 | (8) | (12) | 5 | (24) | |
| Comprehensive income: | 79 | 19 | 78 | 54 | 40 | 38 | 24 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (0) | ||||||
| Comprehensive income, net of tax, attributable to parent: | 78 | 19 | 78 | 54 | 40 | 38 | 24 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.