IGate (IGTE) 10-Q 22 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 16, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'IGTE	'
Entity Registrant Name	'IGATE CORPORATION	'
Entity Central Index Key	'0001024732	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	59,050,607

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended				9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Revenues	$322,774	[1]	$293,406	[1]	$936,725	[1]	$851,592	[1]
Cost of revenues (exclusive of depreciation and amortization)	208,801		172,063		595,314		518,073
Gross margin	113,973		121,343		341,411		333,519
Selling, general and administrative expense	49,934		46,862		140,103		139,004
Depreciation and amortization	9,384		8,439		27,660		26,305
Income from operations	54,655		66,042		173,648		168,210
Interest expense	-7,492		-20,256		-43,317		-67,025
Foreign exchange gain (loss), net	3,169		-4,372		6,090		92
Loss on extinguishment of debt	0		0		-51,760		0
Other income, net	4,153		5,213		15,147		39,910
Income before income taxes	54,485		46,627		99,808		141,187
Income tax expense	17,088		14,634		27,486		44,461
Net income	37,397		31,993		72,322		96,726
Non-controlling interest	89		97		282		97
Net income attributable to IGATE Corporation	37,308		31,896		72,040		96,629
Accretion to preferred stock	152		126		436		361
Preferred dividend	8,653		7,994		25,182		23,246
Net income attributable to IGATE common shareholders	$28,503		$23,776		$46,422		$73,022
Basic earnings per share:	'		'		'		'
Common Stock	$0.35		$0.30		$0.58		$0.94
Unvested restricted stock	$0		$0.30		$0		$0.93
Series B Preferred Stock	$0.75		$0.70		$1.75		$2.10
Diluted earnings per share	$0.34		$0.30		$0.56		$0.91
[1]	Includes the following related party amounts: Revenues $ 6,791 $ 2,773 $ 19,885 $ 5,343

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues, related party amounts	$6,791	$2,773	$19,885	$5,343

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net income attributable to IGATE common shareholders	$28,503	$23,776	$46,422	$73,022
Add: Non-controlling interest	89	97	282	97
Other comprehensive income:	'	'	'	'
Change in fair value of marketable securities	-1,161	-336	-1,478	-7,086
Unrecognized actuarial gain on pension liability	132	293	118	863
Change in fair value of cash flow hedges	-861	-1,482	2,608	-5,417
Loss on foreign currency translation	-28,290	-48,269	-1,649	-120,276
Total comprehensive income (loss)	-1,588	-25,921	46,303	-58,797
Less: Total comprehensive income (loss) attributable to non-controlling interest	-129	-1,890	210	-1,890
Total comprehensive income (loss) attributable to IGATE common shareholders	($1,459)	($24,031)	$46,093	($56,907)

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$130,204	$204,836
Restricted cash	0	360,000
Short-term investments	32,754	181,401
Accounts receivable, net of allowances for doubtful accounts of $3,115 and $4,103, as of September 30, 2014 and December 31, 2013, respectively	165,837	157,905
Unbilled revenues	79,457	61,424
Prepaid expenses and other current assets	43,624	44,492
Prepaid income taxes	13,248	838
Deferred tax assets	3,875	10,235
Foreign exchange derivative contracts	4,912	836
Receivable from related parties	5,954	4,046
Total current assets	479,865	1,026,013
Deposits and other assets	20,293	24,930
Prepaid income taxes	32,138	32,160
Property and equipment, net of accumulated depreciation of $124,890 and $108,084, as of September 30, 2014 and December 31, 2013, respectively	220,964	165,581
Leasehold land	75,603	76,732
Deferred tax assets	15,281	15,153
Goodwill	439,175	438,891
Intangible assets, net	111,398	119,262
Total assets	1,394,717	1,898,722
Current liabilities:	'	'
Accounts payable	10,208	9,268
Line of credit	52,000	52,000
Senior Notes	0	360,000
Term loans	0	90,000
Accrued payroll and related costs	45,798	57,093
Other accrued liabilities	66,098	79,785
Accrued income taxes	3,861	5,802
Foreign exchange derivative contracts	1,159	909
Deferred revenue	18,406	17,776
Total current liabilities	197,530	672,633
Other long-term liabilities	6,185	3,532
Senior Notes	325,000	410,000
Term loans	234,000	270,000
Accrued income taxes	18,261	13,936
Deferred tax liabilities	35,261	41,717
Total liabilities	816,237	1,411,818
Commitments and Contingencies (Note 19)	'	'
Series B Preferred stock, without par value: 480,000 shares authorized; 330,000 shares issued and outstanding	435,989	410,371
IGATE Corporation shareholders' equity:	'	'
Preferred shares, without par value: 19,520,000 shares authorized; 1 share held in treasury	0	0
Common shares, par value $0.01 per share: 700,000,000 shares authorized; 60,019,143 and 59,428,151 shares issued; 59,029,041 and 58,438,049 shares outstanding as of September 30, 2014 and December 31, 2013, respectively	600	594
Common shares held in treasury, at cost, 990,102 shares	-14,714	-14,714
Additional paid-in capital	225,147	204,143
Retained earnings	315,172	268,750
Accumulated other comprehensive loss	-387,444	-387,115
Total IGATE Corporation shareholders' equity	138,761	71,658
Non-controlling interest	3,730	4,875
Total equity	142,491	76,533
Total liabilities, preferred stock and shareholders' equity	$1,394,717	$1,898,722

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowances	$3,115	$4,103
Property and equipment, accumulated depreciation	$124,890	$108,084
Series B Preferred stock, par value	'	'
Series B Preferred stock, authorized	480,000	480,000
Series B Preferred stock, issued	330,000	330,000
Series B Preferred stock, outstanding	330,000	330,000
Preferred shares, par value	'	'
Preferred shares, authorized	19,520,000	19,520,000
Common shares, par value	$0.01	$0.01
Common shares, shares authorized	700,000,000	700,000,000
Common shares, shares issued	60,019,143	59,428,151
Common shares, shares outstanding	59,029,041	58,438,049
Preferred Stock	'	'
Preferred shares held in treasury	1	1
Common Stock	'	'
Common shares held in treasury	990,102	990,102

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash Flows From Operating Activities:	'	'
Net income	$72,322	$96,726
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	27,660	26,305
Stock-based compensation	12,423	7,238
Realized gain on investments	-10,995	-30,057
Deferred loss on settled derivatives	0	-1,066
Provision (recovery) for doubtful debts	-551	154
Deferred income taxes	-341	-467
Loss on extinguishment of debt	51,760	0
Amortization of debt issuance costs	4,406	9,209
Gain on sale of property and equipment	-82	-2,248
Deferred rent	946	198
Excess tax benefits related to stock option exercises	-3,101	-463
Changes in operating assets and liabilities:	'	'
Accounts receivable and unbilled revenue	-29,955	-4,164
Prepaid expenses and other assets	-9,275	-10,389
Accounts payable	-330	458
Accrued and other liabilities	-31,247	39,270
Deferred revenue	904	-2,411
Net cash flows (used in) provided by operating activities	84,544	128,293
Cash Flows From Investing Activities:	'	'
Purchase of property and equipment	-70,870	-24,230
Proceeds from sale of property and equipment	257	2,574
Purchase of available-for-sale investments	-421,377	-1,188,835
Proceeds from maturities and sale of available-for-sale investments	581,196	1,372,990
Restricted cash	0	3,072
Purchase of non-controlling interests	-328	-23,651
Net cash flows provided by (used in) investing activities	88,878	141,920
Cash Flows From Financing Activities:	'	'
Payments on capital lease obligations	-366	-450
Payment of line of credit and term loans	-126,000	-287,000
Proceeds from line of credit and term loans	0	41,000
Payment of Senior Notes	-770,000	0
Proceeds from Senior Notes	325,000	0
Payment of debt related costs	-41,530	-2,394
Release of restricted cash towards debt retirement	360,000	0
Proceeds from exercise of stock options	4,458	3,625
Excess tax benefits related to stock option exercises	3,101	463
Net cash flows (used in) financing activities	-245,337	-244,756
Effect of exchange rate changes	-2,717	21,367
Net change in cash and cash equivalents	-74,632	46,824
Cash and cash equivalents, beginning of period	204,836	95,155
Cash and cash equivalents, end of period	$130,204	$141,979

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2014
Basis of Presentation	'
	1. Basis of Presentation
	The accompanying unaudited Condensed Consolidated Financial Statements of IGATE Corporation (“IGATE” or the “Company”) have been prepared by management in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and disclosures required by GAAP. The Consolidated Financial Statements reflect all adjustments of a normal, recurring nature that are, in the opinion of management, necessary for a fair presentation of results for these interim periods.
	The accompanying balance sheet and financial information as of December 31, 2013 is derived from audited financial statements but does not include all of the information and footnotes required by GAAP for complete financial statements. The results of operations for the three and nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto included in its Annual Report on Form 10-K for the year ended December 31, 2013.
	There have been no significant changes in our reported financial position or results of operations or cash flows or to our significant accounting policies as a result of the adoption of new accounting pronouncements as compared to our Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
	Principles of Consolidation
	The Condensed Consolidated Financial Statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated.
	Use of Estimates
	Preparing financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results may differ from these estimates. Interim results are not necessarily indicative of results for a full year.

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets	'
	2. Goodwill and Intangible Assets
	The changes in the carrying value of goodwill for the nine months ended September 30, 2014 are as follows (in thousands):
		Amount
	Goodwill as of December 31, 2013	$	438,891
	Foreign currency translation effect		284
	Goodwill as of September 30, 2014	$	439,175
	The following describes changes in the carrying value of intangibles for the nine months ended September 30, 2014 (in thousands):
		Amount
	Intangible assets as of December 31, 2013	$	119,262
	Foreign currency translation effect		132
	Amortization		(7,996	)
	Intangible assets as of September 30, 2014	$	111,398
	As of September 30, 2014, intangible assets were comprised of the following (in thousands):
		Amount
	Customer relationships	$	189,844
	Intellectual property rights		9,400
	Foreign currency translation adjustments		(49,017	)
	Accumulated Amortization		(38,829	)
	Intangible assets as of September 30, 2014	$	111,398
	As of September 30, 2014 and December 31, 2013, accumulated amortization expense related to Intellectual property rights amounted to $5.3 million and $4.1 million, respectively, and Customer relationships amounted to $33.5 million and $26.7 million, respectively. Intangible assets are amortized over the remaining weighted average period of 11.3 years. Intellectual property rights are amortized over a weighted average period of 2.7 years. Customer relationship is amortized over its remaining useful life of 11.6 years.
	Amortization expenses related to identifiable intangible assets were $2.7 million and $2.5 million for the three months ended September 30, 2014 and 2013, respectively and $8.0 million and $7.9 million for the nine months ended September 30, 2014 and 2013, respectively. Future estimated annual amortization is as follows (in thousands):
		Amount
	Remainder of 2014	$	2,654
	2015	$	10,938
	2016	$	11,308
	2017	$	10,891
	2018	$	10,070

Series_B_Preferred_Stock

Series B Preferred Stock	9 Months Ended
	Sep. 30, 2014
Series B Preferred Stock	'
	3. Series B Preferred Stock
	On January 10, 2011, the Company entered into a securities purchase agreement, with Viscaria Limited, to raise equity financing to pay a portion of the cash consideration for the acquisition of IGATE Computer Systems Limited (“IGATE Computer”). Under the securities purchase agreement, the Company agreed to sell, in a private placement, up to 480,000 shares of newly designated 8.00% Series B Convertible Participating Preferred Stock, no par value per share (the “Series B Preferred Stock”), for an aggregate purchase price of up to $480 million. On February 1, 2011 and May 9, 2011, the Company issued 210,000 shares and 120,000 shares, respectively, of the Series B Preferred Stock for a consideration of $330 million.
	Significant economic terms of the Series B Preferred Stock are as follows:
		•	accrues cumulative dividends at a rate of 8.00% per annum, which dividends will be added to the liquidation preference of the Series B Preferred Stock and compounded quarterly;
		•	is entitled to participate in dividends and other distributions payable on the Company’s common stock on an as-converted basis;
		•	provides for a holder option to convert the outstanding principal plus accrued and unpaid dividends into the Company’s common stock at any time and from time to time at an initial conversion price of $20.30 per share (which conversion price is subject to adjustment in certain circumstances such as the Company’s sale or issuance of shares of common stock for a price per share less than the current market price of its common stock on the date of sale or issue (other than issuances under the stock option or stock ownership plans), subdivision or combination of the Company’s common stock (e.g. by stock split or stock dividend), wherein the conversion price in effect will be proportionately reduced or increased on or after such effective or record date and merger, reorganization, consolidation or sale of substantially all of the assets);
		•	is subject to a Company option to convert the Series B Preferred Stock into common stock of the Company after 18 months from the applicable closing date if, among other things, the volume weighted average price of the Company’s common stock exceeds 205% of the then applicable conversion price for a specified period of time;
		•	is redeemable for cash at an amount equal to the outstanding principal plus accrued and unpaid dividends upon the exercise of the holder’s put right at six years from the last occurring closing date;
		•	provides that, if the Series B Preferred Stock is not sooner converted, such preferred stock is subject to a mandatory conversion into shares of the Company’s common stock on the date that is six years from the applicable closing date (subject to extension in limited circumstances) unless the holder exercises the put right described in the immediately preceding bullet point; and
		•	provides the holder the right to receive, prior to any payment in respect of any junior equity securities, the greater of the outstanding principal plus accrued and unpaid dividends and the as-converted value upon liquidation of the Company or upon certain changes of control.
	The Company incurred issuance costs amounting to $3.4 million which have been netted off against the proceeds received from the issuance of Series B Preferred Stock. The Series B Preferred Stock is being accreted over a period of six years. The amount accreted totaled $0.1 million for each of the three months ended September 30, 2014 and 2013 and $0.4 million for each of the nine months ended September 30, 2014 and 2013. As of September 30, 2014 and 2013, the remaining unamortized balance of issuance costs was $1.8 million and $2.3 million, respectively.
	The Company is accruing for cumulative dividends at a rate of 8.00% per annum, compounded quarterly. The amount of such dividends accrued was $8.7 million and $7.9 million during the three months ended September 30, 2014 and 2013, respectively, and $25.2 million and $23.2 million during the nine months ended September 30, 2014 and 2013, respectively.
	As of September 30, 2014 and 2013, the shares of Series B Preferred Stock are potentially convertible into 21.6 million and 19.9 million shares of common stock, respectively.

Line_of_Credit

Line of Credit	9 Months Ended
	Sep. 30, 2014
Line of Credit	'
	4. Line of Credit
	On February 21, 2011, the Company entered into an arrangement with a bank for an unsecured revolving working credit facility of $70 million at an annual interest rate of LIBOR plus 195 basis points. On July 3, 2014, the interest rate was renegotiated to LIBOR plus 50 basis points. As of September 30, 2014, the Company had an outstanding amount of $52 million under this line of credit at a weighted average interest rate of 0.73%. Interest expense for the three months ended September 30, 2014 and 2013 was $0.1 million and $0.2 million, respectively and interest expense for the nine months ended September 30, 2014 and 2013 was $0.5 million and $0.6 million, respectively.
	On May 10, 2011, the Company entered into a credit agreement with a bank for revolving credit commitments in an aggregate principal U.S. dollar equivalent of $50 million, maturing on May 10, 2016. The proceeds are to be used for working capital and other general corporate purposes. This facility carries an interest rate of LIBOR plus 280 basis points. As of September 30, 2014, the Company had $50 million of availability under this revolving credit arrangement. Interest expense for the three and nine months ended September 30, 2013 was $0.3 million and $0.6 million, respectively.

Term_Loans

Term Loans	9 Months Ended
	Sep. 30, 2014
Term Loans	'
	5. Term Loans
	On November 22, 2013, Pan-Asia iGATE Solutions (“Pan-Asia”), a 100% owned subsidiary of the Company, entered into a credit arrangement for a secured term loan facility with a consortium of banks, in an aggregate principal amount of $360 million, which was made available in two tranches. The first tranche comprised of $270 million maturing 60 months from the utilization date of November 25, 2013, carrying an interest rate of LIBOR plus 325 basis points. The second tranche comprised of $90 million maturing 9 months from the utilization date of November 25, 2013, carrying an interest rate of LIBOR plus 200 basis points. As of September 30, 2014, the Company repaid the second tranche amount of $90 million and also made a partial payment of $36 million against the first tranche of the loan.
	In connection with the term loan, the Company recorded an interest expense of $2.4 million and $8.0 million for the three months and nine months ended September 30, 2014, respectively The Company incurred debt issuance costs of $8.9 million of which the amount amortized was $0.6 million and $1.9 million for the three and nine months ended September 30, 2014, respectively.
	This facility was used to pay down a portion of the Company’s Senior Notes in April 2014. IGATE Technologies Inc. (“ITI”), the immediate parent company of Pan-Asia, pledged 65% of its equity investment amounting to $391.7 million in Pan-Asia. The loan documents contain customary representations and warranties, events of default, affirmative, negative covenants and financial covenants and the loan was guaranteed by the Company and several of its 100% owned subsidiaries.
	As of September 30, 2014, the Company was in compliance with all covenants associated with the aforementioned borrowings.

Senior_notes

Senior notes	9 Months Ended
	Sep. 30, 2014
Senior notes	'
	6. Senior notes
	On April 2, 2014, the Company completed the private placement of $325 million aggregate principal amount of 4.75% Senior Notes due April 15, 2019 (the “Notes”) to several initial purchasers. The initial purchasers subsequently sold the Notes to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States under Regulation S of the Securities Act. The Notes were issued pursuant to an indenture (the “Indenture”), dated as of April 2, 2014, by and among the Company, ITI, IGATE, Inc., IGATE Holding Corporation and Wilmington Trust, National Association (“the trustee”). The interest is payable semi-annually in cash in arrears on April 15 and October 15 of each year, beginning on October 15, 2014. The Notes are senior unsecured obligations of the Company guaranteed by the Company’s domestic 100% owned subsidiaries, as identified in Note 18, with exceptions considered customary for such guarantees under which a subsidiary’s guarantee would terminate.
	The terms of the Indenture will, among other things, limit the ability of the Company and its restricted subsidiaries to (i) incur additional indebtedness or issue certain preferred stock; (ii) pay dividends on, or make distributions in respect of, their capital stock or repurchase their capital stock; (iii) make certain investments or other restricted payments; (iv) sell certain assets; (v) create liens or use assets as security in other transactions; (vi) merge, consolidate or transfer or dispose of substantially all of their assets; and (vii) engage in certain transactions with affiliates. These covenants are subject to a number of important limitations and exceptions that are described in the Indenture. The Indenture also contains certain financial covenants relating to Consolidated Total Leverage Ratio, Consolidated Total Secured Leverage Ratio and a Fixed Charge Coverage Ratio that the Company must comply with, when any of the above events occur. As of September 30, 2014, no such events have occurred.
	The Notes will be redeemable, in whole or in part, at any time on or after April 15, 2016, at the redemption prices specified in the Indenture, together with accrued and unpaid interest, if any, to the redemption date. At any time prior to April 15, 2016, the Company may redeem up to 40% of the aggregate principal amount of the Senior Notes with the net cash proceeds from certain equity offerings at a redemption price equal to 104.75% of the principal amount of such Senior Notes and accrued and unpaid interest, if any, to the redemption date. At any time and from time to time on or after April 15, 2016, the Company may redeem the Senior Notes, in whole or in part, at a redemption price equal to the percentage of principal amount set forth below plus accrued and unpaid interest to the redemption date:
	12-Month period commencing	Percentage
	On or after April 15, 2016		102.38	%
	On or after April 15, 2017		101.19	%
	On or after April 15, 2018 and thereafter		100	%
	Upon the occurrence of a change of control triggering event specified in the Indenture, the Company must offer to purchase the Senior Notes at a redemption price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of purchase.
	On September 19, 2014, the Company issued a prospectus pursuant to the Registration Rights Agreement which granted the initial purchasers and any subsequent holders of the Notes certain exchange and registration rights. The exchange offer expired on October 17, 2014 and all the Notes were tendered by the Note holders.
	As of September 30, 2014, the amortizable debt issuance cost was $5.2 million, of which $1.0 million is accounted for as part of prepaid expenses and other current assets and $4.2 million as part of deposits and other assets. These costs are being amortized to interest expense over the balance period of approximately four and a half years using the effective interest method. The amount amortized was $0.2 and $0.4 million for the three and nine months ended September 30, 2014, respectively. Interest expense (including amortized debt issue costs) for the three and nine months ended September 30, 2014 was $4.1 million and $8.1 million, respectively.
	Pursuant to the “Optional Redemption”, as per the terms of the indenture, dated April 29, 2011, the Company redeemed all the outstanding 9.00% Senior Notes of $770 million together with a make whole premium of $36.3 million on April 22, 2014 and charged the loss on extinguishment of $51.8 million (inclusive of unamortized debt issuance cost of $15.5 million) to earnings. Interest expense (including amortized debt issue costs) for the three and nine months ended September 30, 2014 was $0 million and $23.5 million, respectively, as compared to $18.9 million and $56.7 million for the three and nine months ended September 30, 2013, respectively.

Income_tax

Income tax	9 Months Ended
	Sep. 30, 2014
Income tax	'
	7. Income tax
	The provision for income taxes consists of provisions for federal, state and foreign income taxes. The Company operates in an international environment with significant operations in various locations outside the U.S. Accordingly, the consolidated income tax rate is a composite rate reflecting the earnings in various locations and the applicable tax rates. In the normal course of business, the Company is subject to examination by taxing authorities throughout the world, including such major jurisdictions as India, Canada and the United States.
	The Company uses the estimated annual effective tax rate method in computing its interim tax provision. Certain items, including those deemed to be unusual, infrequent or that cannot be reliably estimated, are excluded from the estimated annual effective tax rate. In these cases, the actual tax expense or benefit applicable to those items is recorded in the same period as the related item. The Company’s reported effective tax rate (“ETR”), including discrete items, was 31.4% and 27.5% for the three and nine months ended September 30, 2014, respectively. For the three and nine months ended September 30, 2013, the Company’s reported ETR, including discrete items, was 31.4% and 31.5%, respectively.
	The difference in the effective tax rate as compared to the U.S. statutory rate of 35.0% is primarily attributable to certain tax holidays that the Company is eligible for in India, certain permanent differences, and the mix of Global earnings. During the first quarter of 2014, the Company also claimed certain additional tax benefits on account of filing the amended tax returns for earlier years in India jurisdiction.
	Under the Indian Income-tax Act, 1961, IGATE Global Solutions Limited (“IGATE Global”) is eligible to claim income tax holiday on profits derived from the export of software services from divisions registered under Special Economic Zone (“SEZ”) arrangements. Profits derived from the export of software services from these divisions registered under the SEZ scheme are eligible for a 100% tax holiday during the initial five consecutive assessment years followed by 50% for the subsequent five years, and 50% for another five years subject to fulfillment of certain conditions; from the date of commencement of operations by the respective SEZ. Effective April 1, 2014, two of the divisions registered under SEZ scheme has completed its first five years of 100% tax holiday. For the three months ended September 30, 2014 and 2013, the tax holiday benefits were $2.6 million and $1.3 million, respectively. For the nine months ended September 30, 2014 and 2013, the tax holiday benefits were $6.8 million and $5.8 million, respectively. This SEZ tax holiday will begin to expire from March 2023 through 2029.
	As of September 30, 2014 and December 31, 2013, total gross unrecognized tax benefits, excluding related interest and penalties, were $20.6 million and $16.6 million respectively.
	There has been no material movements in ASC 740-10 reserves since June 30, 2014.
	The Company recognizes interest related to uncertain tax positions within the interest expense line in the consolidated statements of income. During the nine months ended September 30, 2014 and 2013, the Company has recorded interest expense of $1.2 million and $0.3 million, respectively, in relation to uncertain tax positions in the condensed consolidated statements of income. The total amount of accrued interest in the condensed consolidated balance sheet amounted to $1.8 million as of September 30, 2014.
	As of September 30, 2014, the Company had $18.1 million of net unrecognized tax benefits, arising out of the tax positions which would affect the effective tax rate, if recognized. The nature of the events that would cause the change to the reserves will be mainly due to the expiry of the statute of limitation in the U.S and completion of assessment by tax authorities for all open assessment years in India jurisdiction. Although, it is difficult to anticipate the final outcome on timing of resolution of any particular uncertain tax position, the Company believes that the total amount of net unrecognized tax benefits will be decreased by approximately $6.1 million during the next twelve months due to the expiration of the statute of limitations.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share	'
	8. Earnings Per Share
	The Company computes earnings per share in accordance with ASC Topic 260, “Earnings per share” and ASC Topic 260-10-45 “Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities”. Basic earnings per share for different classes of stock (common stock, unvested restricted stock and the Series B Preferred Stock) is calculated by dividing net income available to each class by the weighted average number of shares of each class. Diluted earnings per share is computed using the weighted average number of common stock, unvested restricted stock plus the potentially dilutive effect of common stock and Series B Preferred Stock equivalents.
	Earnings per share for the common stock, unvested restricted stock and Series B Preferred Stock under the two class method are presented below (dollars and shares in thousands, except per share data):
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2014		2013		2014		2013
	Net income attributable to IGATE common shareholders		$	28,503	$	23,776	$	46,422	$	73,022
	Add: Dividend on Series B Preferred Stock			8,653		7,994		25,182		23,246
				37,156		31,770		71,604		96,268
	Less: Dividends on
	Series B Preferred Stock	[A]		8,653		7,994		25,182		23,246
	Undistributed Income		$	28,503	$	23,776	$	46,422	$	73,022
	Allocation of Undistributed Income :
	Common stock	[B]		20,876		17,716		34,001		54,411
	Unvested restricted stock	[C]		0		7		0		21
	Series B Preferred Stock	[D]		7,627		6,053		12,421		18,590
			$	28,503	$	23,776	$	46,422	$	73,022
	Shares outstanding for allocation of undistributed income:
	Common stock			59,029		58,311		59,029		58,311
	Unvested restricted stock			0		23		0		23
	Series B Preferred Stock			21,565		19,923		21,565		19,923
				80,594		78,257		80,594		78,257
	Weighted average shares outstanding:
	Common stock	[E]		58,962		58,148		58,829		57,895
	Unvested restricted stock	[F]		0		23		0		23
	Series B Preferred Stock	[G]		21,565		19,923		21,565		19,923
				80,527		78,094		80,394		77,841
	Weighted average common stock outstanding			58,962		58,148		58,829		57,895
	Dilutive effect of stock options and restricted shares outstanding			1,905		1,688		1,880		1,669
	Dilutive weighted average shares outstanding	[H]		60,867		59,836		60,709		59,564
	Distributed earnings per share:
	Series B Preferred Stock	[I=G]	$	0.4	$	0.4	$	1.17	$	1.17
	Undistributed earnings per share:
	Common stock	[J=E]	$	0.35	$	0.3	$	0.58	$	0.94
	Unvested restricted stock	[K=F]	$	0	$	0.3	$	0	$	0.93
	Series B Preferred Stock	[L=G]	$	0.35	$	0.3	$	0.58	$	0.93
	Basic earnings per share from operations:
	Common stock	[J]	$	0.35	$	0.3	$	0.58	$	0.94
	Unvested restricted stock	[K]	$	0	$	0.3	$	0	$	0.93
	Series B Preferred Stock	[I+L]	$	0.75	$	0.7	$	1.75	$	2.1
	Diluted earnings per share from operations	[[B+C]/H]	$	0.34	$	0.3	$	0.56	$	0.91
	The number of outstanding options to purchase common shares for which the option exercise prices exceeded the average market price of the common shares aggregated 0.5 million and 0.2 million shares for the three months ended September 30, 2014 and 2013, respectively, and 0.2 million and 0.8 million shares for the nine months ended September 30, 2014 and 2013, respectively. These options were excluded from the computation of diluted earnings per share under the treasury stock method. The number of shares of outstanding Series B Preferred Stock for which the earnings per share exceeded the earnings per share of common stock aggregated to 21.6 million and 19.9 million for the three and nine months ended September 30, 2014 and 2013, respectively. These shares were excluded from the computation of diluted earnings per share as they were anti-dilutive.

Investments

Investments	9 Months Ended
	Sep. 30, 2014
Investments	'
	9. Investments
	Short term investments comprise the following (in thousands):
		As of September 30, 2014
		Carrying Value			Unrealized Gain			Fair Value
	Liquid mutual funds	$	32,462		$	106		$	32,568
	Fixed deposits with banks		186			0			186
		$	32,648		$	106		$	32,754
		As of December 31, 2013
		Carrying Value			Unrealized Gain			Fair Value
	Liquid mutual funds	$	178,886		$	2,345		$	181,231
	Fixed deposits with banks		170			0			170
		$	179,056		$	2,345		$	181,401
	Contractual maturities of short-term and other investments in available-for-sale securities as of September 30, 2014, were as follows (in thousands):
		As of September 30, 2014
	Due within one year	$	32,754
	Realized gains and losses on the cost of securities sold or disposed is determined on First in First out (“FIFO”) method.
	Realized gains and proceeds from the sale of available-for-sale securities are as follows (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Gross realized gains	$	3,455		$	4,088		$	10,995		$	30,057
	Sale proceeds		206,792			118,783			581,196			1,372,990
	The changes in the unrealized gain, net, on marketable securities carrying value for the three and nine months ended September 30, 2014 and 2013 are as follows (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Unrealized gain on marketable securities at the beginning of the period	$	1,865		$	1,986		$	2,345		$	11,711
	Reclassification of gain into earnings on maturity		(3,455	)		(4,088	)		(10,995	)		(30,057	)
	Net unrealized gain due to changes in the fair value		1,696			3,386			8,756			19,630
	Unrealized gain on marketable securities at the end of the period	$	106		$	1,284		$	106		$	1,284

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Loss	'
	10. Accumulated Other Comprehensive Loss
	The changes in the balances of accumulated other comprehensive income (loss), net of tax, by component for the three and nine months ended September 30, 2014 and 2013 are summarized as follows (in thousands):
		Three Months Ended Sept 30,								Nine Months Ended Sept 30,
		2014				2013				2014				2013
	Unrealized gain on Marketable securities:
	Beginning balance attributable to IGATE common shareholders	$	1,228			$	1,525			$	1,542			$	8,275
	Amount of gain (loss) recognized in other comprehensive income		1,120				2,687				5,780				14,310
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(2,281	)			(3,023	)			(7,258	)			(21,396	)
	Portion attributable to non-controlling interests		3				(1	)			6				(1	)
	Ending balance attributable to IGATE common shareholders	$	70			$	1,188			$	70			$	1,188
	Unrealized gain (loss) on cash flow hedges:
	Beginning balance attributable to IGATE common shareholders	$	3,404			$	(3,490	)		$	(48	)		$	445
	Amount of gain (loss) recognized in other comprehensive income		1,362				(5,656	)			6,862				(7,789	)
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(2,223	)			4,174				(4,254	)			2,372
	Portion attributable to non-controlling interests		4				24				(13	)			24
	Ending balance attributable to IGATE common shareholders	$	2,547			$	(4,948	)		$	2,547			$	(4,948	)
	Actuarial gain (loss) relating to defined benefit plan:
	Beginning balance attributable to IGATE common shareholders	$	1,065			$	447			$	1,079			$	(123	)
	Amount of gain (loss) recognized in other comprehensive income		172				294				236				869
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(40	)			(1	)			(118	)			(6	)
	Portion attributable to non-controlling interests		(1	)			(3	)			(1	)			(3	)
	Ending balance attributable to IGATE common shareholders	$	1,196			$	737			$	1,196			$	737
	Foreign currency translation:
	Beginning balance attributable to IGATE common shareholders	$	(363,179	)		$	(355,187	)		$	(389,688	)		$	(283,180	)
	Amount of gain (loss) recognized in other comprehensive income		(28,290	)			(48,269	)			(1,649	)			(120,276	)
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		0				0				0				0
	Portion attributable to non-controlling interests		212				1,967				80				1,967
	Ending balance attributable to IGATE common shareholders	$	(391,257	)		$	(401,489	)		$	(391,257	)		$	(401,489	)
	The changes in the tax expense (benefit) on accumulated other comprehensive income (loss), by component, attributable to IGATE common shareholders, are summarized as follows for the three and nine months ended September 30, 2014 (in thousands):
		Three Months Ended Sept 30,								Nine Months Ended Sept 30,
		2014				2013				2014				2013
	Unrealized gain on Marketable securities:
	Beginning balance attributable to IGATE common shareholders	$	632			$	461			$	793			$	3,436
	Amount of gain (loss) recognized in other comprehensive income		576				699				2,976				5,320
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(1,174	)			(1,065	)			(3,737	)			(8,661	)
	Portion attributable to non-controlling interests		2				0				4				0
	Ending balance attributable to IGATE common shareholders	$	36			$	95			$	36			$	95
	Unrealized gain (loss) on cash flow hedges:
	Beginning balance attributable to IGATE common shareholders	$	1,754			$	(1,497	)		$	(23	)		$	184
	Amount of gain (loss) recognized in other comprehensive income		702				(2,817	)			3,534				(3,751	)
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(1,147	)			1,754				(2,193	)			1,007
	Portion attributable to non-controlling interests		2				13				(7	)			13
	Ending balance attributable to IGATE common shareholders	$	1,311			$	(2,547	)		$	1,311			$	(2,547	)
	Actuarial gain (loss) relating to defined benefit plan:
	Beginning balance attributable to IGATE common shareholders	$	547			$	226			$	555			$	(69	)
	Amount of gain (loss) recognized in other comprehensive income		88				155				121				451
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(20	)			0				(61	)			(1	)
	Portion attributable to non-controlling interests		0				(2	)			0				(2	)
	Ending balance attributable to IGATE common shareholders	$	615			$	379			$	615			$	379
	Foreign currency translation:
	Beginning balance attributable to IGATE common shareholders	$	0			$	0			$	0			$	0
	Amount of gain (loss) recognized in other comprehensive income		0				0				0				0
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		0				0				0				0
	Portion attributable to non-controlling interests		0				0				0				0
	Ending balance attributable to IGATE common shareholders	$	0			$	0			$	0			$	0
	The following table summarizes the reclassifications out of accumulated other comprehensive income for the three and nine months ended September 30, 2014 and 2013 (in thousands):
	Accumulated Other Comprehensive	Line item in Statement of Income		Amount reclassified from Accumulated Other Comprehensive Income
	Income – Components
				Three months ended								Nine months ended
				September 30,								September 30,
				2014				2013				2014				2013
	Available-for-sale securities:
	Sale of Securities	Other Income, net		$	3,455			$	4,088			$	10,995			$	30,057
	Income tax expense			(1,174	)			(1,065	)			(3,737	)			(8,661	)
	Non-controlling interest, net of tax			(8	)			(10	)			(32	)			(10	)
	Reclassification to earnings		$	2,273			$	3,013			$	7,226			$	21,386
Cash flow hedges:
Foreign exchange derivative contracts	Foreign exchange gain (loss), net		$	3,370			$	(5,929	)		$	6,447			$	(3,379	)
	Income tax expense			(1,147	)			1,755				(2,193	)			1,008
	Non-controlling interest, net of tax			(11	)			4				(23	)			4
	Reclassification to earnings		$	2,212			$	(4,170	)		$	4,231			$	(2,367	)
Pension and other defined benefit liability:
Amortization of actuarial gain (loss)	Cost of revenues		$	60			$	1			$	179			$	5
	Income tax expense			(20	)			(0	)			(61	)			(1	)
	Non-controlling interest, net of tax			0				(0	)			(1	)			(0	)
	Reclassification to earnings		$	40			$	1			$	117			$	4

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities

'

11. Derivative Instruments and Hedging Activities

The Company enters into foreign currency forward and option contracts (“foreign exchange derivative contracts”) to mitigate and manage the risk of changes in foreign exchange rates on inter-company and end customer accounts receivables and forecasted sales and inter-company transactions. The Company hedges anticipated sales transactions that are subject to foreign exchange exposure with foreign exchange derivative contracts that are designated effective and that qualify as cash flow hedges under ASC Topic 815, “Derivatives and Hedging “(“ASC No. 815”).

As part of its hedge strategy, the Company also enters into foreign exchange derivative contracts which are replaced with successive new contracts up to the period in which the forecasted transaction is expected to occur (i.e., roll-over hedges). In case of rollover hedges, the hedge effectiveness is assessed based on changes in fair value to the extent of changes in spot prices and recorded in accumulated other comprehensive income (loss) until the hedged transactions occur and at that time is recognized in the consolidated statements of income. Accordingly, the changes in the fair value of the contract related to the changes in the difference between the spot price and the forward price (i.e., forward premium/discount) are excluded from assessment of hedge effectiveness and are recognized in consolidated statements of income and are included in foreign exchange gain (loss).

In respect of foreign exchange derivative contracts which hedge the foreign currency risk associated with both the anticipated sales transaction and the collection thereof (dual purpose hedges), the hedge effectiveness is assessed based on overall changes in fair value with the effective portion of gains or losses included in accumulated other comprehensive income (loss). The effective portion of gain or loss attributable to forecasted sales are reclassified from accumulated other comprehensive income (loss) and recognized in consolidated statements of income when the sales transaction occurs. After the date of the sales transaction, the Company reclassifies an amount from accumulated other comprehensive income (loss) to earnings to offset foreign currency translation gain (loss) recorded for the respective receivable during the period. In addition, the Company determines the amount of cost to be ascribed to each period of the hedging relationship based on the functional currency interest rate implicit in the hedging relationship and recognizes this cost by reclassifying it from accumulated other comprehensive income (loss) to consolidated statements of income for recognized receivables based on the pro rata method.

Changes in the fair value of cash flow hedges deemed ineffective are recognized in the consolidated statement of income and are included in foreign exchange gain (loss). The Company also uses foreign exchange derivatives contracts not designated as hedging instruments under ASC No. 815 to hedge inter-company and end customer accounts receivable and other monetary assets denominated in currencies other than the functional currency. Changes in the fair value of these foreign exchange derivative contracts are recognized in the consolidated statements of income and are included in foreign exchange gain (loss).

In respect of foreign exchange derivative contracts designated as hedges, the Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking various hedge transactions. The Company evaluates hedge effectiveness at the time a contract is entered into as well as on an ongoing basis. If during this time, a contract is deemed ineffective, the change in the fair value is recorded in the consolidated statements of income and is included in foreign exchange gain (loss). In situations in which hedge accounting is discontinued and the foreign exchange derivative contract remains outstanding, the net derivative gain or loss continue to be reported in accumulated other comprehensive income unless it is probable that the forecasted transaction will not occur by the end of the originally specified time period (as documented at the inception of the hedging relationship) or within an additional two-month period of time thereafter.

The following table presents the aggregate contracted principal amounts of the Company’s foreign exchange derivative contracts:

OUTSTANDING CASH FLOW HEDGE TRANSACTIONS QUALIFYING FOR HEDGE ACCOUNTING (in thousands)

As of

September 30, 2014

December 31, 2013

Foreign Exchange Forward Contracts USD

$

187,000

$

94,300

Foreign Exchange Forward Contracts CAD

$

28,615

$

13,160

Foreign Exchange Forward Contracts GBP

$

20,231

$

14,041

Foreign Exchange Forward Contracts EUR

$

755

$

0

Foreign Exchange Forward Contracts CHF

$

10,435

$

0

OUTSTANDING FAIR VALUE HEDGE TRANSACTIONS NOT QUALIFYING FOR HEDGE ACCOUNTING (in thousands):

As of

September 30, 2014

December 31, 2013

Foreign Exchange Forward Contracts USD

$

34,500

$

0

Foreign Exchange Forward Contracts CAD

$

5,991

$

0

Foreign Exchange Forward Contracts GBP

$

14,194

$

12,059

Foreign Exchange Forward Contracts EUR

$

629

$

0

Foreign Exchange Forward Contracts CHF

$

1,776

$

0

Foreign Exchange Forward Contracts JPY

$

2,445

$

0

The foreign exchange derivative contracts mature generally within twelve (12) months.

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the three months ended September 30, 2014 (in thousands):

Derivatives

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

in ASC Topic 815

(Loss)

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

recognized

from Accumulated

from Accumulated

in Income on

Statement

Hedging

in OCI on

OCI into Income

OCI into Income

Derivative

Relationships

Derivative

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30,

September 30, 2014

September 30, 2014

2014

Foreign Exchange Contracts

$

2,064

Foreign exchange gain (loss), net

$

3,370

Foreign exchange gain (loss), net

$

0

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the nine months ended September 30, 2014 (in thousands):

Derivatives in

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

ASC Topic 815

(Loss) recognized

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

in OCI on

from Accumulated

from Accumulated

in Income on

Statement

Hedging

Derivative

OCI into Income

OCI into Income

Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30, 2014

September 30, 2014

September 30, 2014

Foreign Exchange Contracts

$

10,396

Foreign exchange gain (loss), net

$

6,447

Foreign exchange gain (loss), net

$

0

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the three months ended September 30, 2013 (in thousands):

Derivatives in

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

ASC Topic 815

(Loss) recognized

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

in OCI on

from Accumulated

from Accumulated

in Income on

Statement

Hedging

Derivative

OCI into Income

OCI into Income

Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30, 2013

September 30, 2013

September 30, 2013

Foreign Exchange Contracts

$

(8,474

)

Foreign exchange gain (loss), net

$

(5,929

)

Foreign exchange gain (loss), net

$

0

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the nine months ended September 30, 2013 (in thousands):

Derivatives in

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

ASC Topic 815

(Loss) recognized

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

in OCI on

from Accumulated

from Accumulated

in Income on

Statement

Hedging

Derivative

OCI into Income

OCI into Income

Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30, 2013

September 30, 2013

September 30, 2013

Foreign Exchange Contracts

$

(11,540

)

Foreign exchange gain (loss), net

$

(3,379

)

Foreign exchange gain (loss), net

$

837

Derivatives not designated as hedging instruments (in thousands):

Three months ended September 30,

Nine months ended September 30,

2014

2013

2014

2013

Statement of Income

Foreign exchange gain (loss), net

$

1,014

$

(3,348

)

$

2,010

$

(6,666

)

These foreign exchange derivative contracts were entered into to hedge the fluctuations in foreign exchange rates for recognized balance sheet items such as inter-company and end customer receivables and loans, and were not originally designated as hedges. Realized gains (losses) and changes in the fair value of these foreign exchange derivative contracts are recorded in foreign exchange gains (losses), net in the condensed consolidated statements of income.

Information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets (in thousands):

Derivative Instruments – Foreign Exchange Derivative Contracts

As of September 30, 2014

As of December 31, 2013

Balance Sheet Location

Designated/ Not Designated

Fair Value

Fair Value

Current Assets

Designated

$

4,865

$

832

Not Designated

$

47

$

4

Current liabilities

Designated

$

987

$

904

Not Designated

$

172

$

5

The estimated net amount of existing gains (losses), net of taxes, as of September 30, 2014 that is expected to be reclassified from accumulated other comprehensive income (losses) into earnings within the next 12 months is $2.6 million.

The Company utilizes standard counterparty master agreements containing provisions for netting of certain foreign currency transaction obligations and for set-off of certain obligations in the event of insolvency of one of the parties to the transaction. This provision may reduce the Company’s potential loss resulting from the insolvency of counterparty and would also reduce the counterparty’s potential overall loss resulting from the insolvency of the Company. In the condensed consolidated balance sheet, the Company records the foreign exchange derivative assets and liabilities at gross fair value. The potential effect of netting foreign exchange derivative assets and liabilities under the counterparty master agreement was as follows (in thousands):

Gross Amount presented in the

Potential effect of rights of

Net amount of recognized

Condensed Consolidated Balance

set off

assets/liabilities

Sheet

As of September 30, 2014:

Foreign exchange derivative assets

$

4,912

$

1,053

$

3,859

Foreign exchange derivative liabilities

$

1,159

$

1,053

$

106

As of December 31, 2013:

Foreign exchange derivative assets

$

836

$

642

$

194

Foreign exchange derivative liabilities

$

909

$

642

$

267

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2014
Fair Value Measurements	'
	12. Fair Value Measurements
	FASB ASC Topic 820“Fair Value Measurements” establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:
	Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.
	Level 2 — Includes other inputs that are directly or indirectly observable in the marketplace.
	Level 3 — Unobservable inputs which are supported by little or no market activity.
	The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	In accordance with ASC 820, assets and liabilities are to be measured based on the following valuation techniques:
	Market approach – Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.
	Income approach – Converting the future amounts based on the market expectations to its present value using the discounting methodology.
	Cost approach – Replacement cost method.
	The Company uses the market approach for measuring the fair value of the assets and liabilities. Short term investments comprising of money market mutual funds and foreign currency derivative contracts are measured at fair value. The cash equivalents and money market mutual funds are valued using quoted market prices and classified within Level 1. The foreign currency derivative contracts are classified within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments in active markets.
	Investments and Foreign exchange derivative contracts, as disclosed in Note 9 and 11, which are measured at fair value are summarized below (in thousands):
				Fair Value measurement at reporting date using
	Description	As of September 30,		Quoted Prices in		Significant Other		Significant
		2014		Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs (Level 3)
				(Level 1)
	Assets
	Current Assets:
	Short term investments:
	a) Liquid mutual fund units	$	32,568	$	32,568	$	0	$	0
	b) Fixed deposits with banks		186		186		0		0
	Foreign exchange derivative contracts		4,912		0		4,912		0
	Total current assets	$	37,666	$	32,754	$	4,912	$	0
	Liabilities
	Current Liabilities:
	Foreign exchange derivative contracts	$	1,159	$	0	$	1,159	$	0
	Total current liabilities	$	1,159	$	0	$	1,159	$	0
				Fair Value measurement at reporting date using
	Description	As of December 31,		Quoted Prices in		Significant Other		Significant
		2013		Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs (Level 3)
				(Level 1)
	Assets
	Current Assets:
	Short term investments:
	a) Liquid mutual fund units	$	181,231	$	181,231	$	0	$	0
	b) Fixed deposits with banks		170		170		0		0
	Foreign exchange derivative contracts		836		0		836		0
	Total current assets	$	182,237	$	181,401	$	836	$	0
	Liabilities
	Current Liabilities:
	Foreign exchange derivative contracts	$	909	$	0	$	909	$	0
	Total current liabilities	$	909	$	0	$	909	$	0

Employee_Benefits

Employee Benefits	9 Months Ended
	Sep. 30, 2014
Employee Benefits	'
	13. Employee Benefits
	Defined Contribution Plan
	The Company’s eligible employees in India participate in the Employees’ Provident Fund (the “Provident Fund”), which is a defined contribution plan. The employee and the Company make monthly contributions of a specified percentage of salary to the Provident Fund, which is administered by the prescribed authority in India. The aggregate contributions along with interest thereon can be withdrawn on retirement, death, incapacitation or termination of employment. The Company’s contribution to the Provident Fund for the three months ended September 30, 2014 and 2013 was $2.6 million and $2.0 million, respectively. The Company’s contribution to the Provident Fund for the nine months ended September 30, 2014 and 2013 was $7.2 million and $6.3 million, respectively.
	401(k) Plan
	Eligible United States employees of the Company participate in an employee retirement savings plan (the “Plan”) under Section 401(k) of the United States Internal Revenue Code. The Plan allows for employees to defer a portion of their annual earnings on a pre-tax basis through voluntary contributions to the Plan. The Company is not currently making any matching contributions.
	Defined Benefit Plan
	The Company provides for gratuity, a defined benefit retirement plan covering eligible employees in India. The plan provides a lump sum payment to the vested employees at retirement, death, incapacitation or termination of employment, subject to a specified period of service based on the respective employee’s salary and tenure of service. Liabilities with regard to the plan are determined by actuarial valuation.
	The following table sets forth the net periodic cost recognized by the Company in respect of the Plan (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net periodic plan cost
	Service cost	$	701		$	603		$	2,006		$	1,895
	Interest cost		326			300			975			976
	Expected return on plan asset		(233	)		(203	)		(696	)		(662	)
	Amortization of actuarial loss		(60	)		(4	)		(179	)		(9	)
	Net periodic plan cost for the period	$	734		$	696		$	2,106		$	2,200
	Other Pension Benefits
	One of the former founder directors of IGATE Computer (currently merged with IGATE Global), is entitled to receive pension benefits upon retirement or on termination from employment at the rate of 50% of his last drawn monthly salary. The payment of pension will start when he reaches the age of 65. The Company has invested in a plan with the Life Insurance Corporation of India which will mature at the time this founder director reaches the age of 65. Since the Company is obligated to fund the shortfall, if any, between the annuity payable and the value of the plan asset, the pension liability is actuarially valued at each balance sheet date.

Stockbased_compensation

Stock-based compensation	9 Months Ended
	Sep. 30, 2014
Stock-based compensation	'
	14. Stock-based compensation
	During the three and nine months ended September 30, 2014, the Company granted 898,592 and 917,760 options, respectively, and 5,830 and 59,698 stock awards, respectively. During the three and nine months ended September 30, 2013, the Company granted 215,878 and 787,323 options, respectively, and 603,676 and 1,326,738 stock awards, respectively.
	Stock-based compensation expense recorded in income from operations during the three and nine months ended September 30, 2014 and 2013 (in thousands) was as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Stock-based compensation recorded in:
	Cost of revenues	$	1,634	$	1,801	$	4,648	$	4,579
	Selling, general and administrative expense		2,973		2,077		7,775		5,664
		$	4,607	$	3,878	$	12,423	$	10,243
	During the three and nine months ended September 30, 2014, the Company issued 0.1 million and 0.6 million shares, respectively, upon exercise of stock options and awards. During the three and nine months ended September 30, 2013, the Company issued 0.4 million and 0.7 million shares, respectively, upon exercise of stock options and awards.

Other_Income_net

Other Income, net	9 Months Ended
	Sep. 30, 2014
Other Income, net	'
	15. Other Income, net
	Components of other income for the three and nine months ended September 30, 2014 and 2013 (in thousands) were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Investment income	$	3,455	$	4,088	$	10,995	$	30,057
	Interest income		63		705		1,877		2,986
	Gain on sale of fixed assets		64		8		82		2,248
	Forfeiture of vested stock options		0		0		0		3,005
	Other		571		412		2,193		1,614
	Other income, net	$	4,153	$	5,213	$	15,147	$	39,910
	Forfeiture of vested stock options during the nine months ended September 30, 2013, represents the reversal of stock-based compensation expense pursuant to the claw back feature that was triggered in connection with the termination of the Company’s former Chief Executive Officer.

Concentration_of_Revenues

Concentration of Revenues	9 Months Ended
	Sep. 30, 2014
Concentration of Revenues	'
	16. Concentration of Revenues
	The following is a concentration of revenues greater than 10% by customer for the periods shown:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	General Electric Company		17	%		13	%		16	%		13	%
	Royal Bank of Canada		10	%		11	%		10	%		11	%

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2014
Segment Information	'
	17. Segment Information
	The Company’s Chief Executive Officer, who is also the Chief Operating Decision Maker, has regrouped the organization into vertical-based business units to bring in more industry knowledge and solutions and increase the depth and accountability to the business. However, the Company does not have discrete financial information as per the requirements of ASC 280 and as a result segment information is not presented.

Guarantor_SubsidiariesSuppleme

Guarantor Subsidiaries-Supplemental condensed consolidating financial information	9 Months Ended
	Sep. 30, 2014
Guarantor Subsidiaries-Supplemental condensed consolidating financial information	'
	18. Guarantor Subsidiaries—Supplemental condensed consolidating financial information
	In connection with the refinancing of the previous Senior Notes issued in 2011, the Company issued the 2014 Senior Notes which are the senior unsecured obligations of the Company. The Senior Notes are guaranteed by the Company’s 100% owned domestic subsidiaries ITI, IGATE Inc., and IGATE Holding Corporation (collectively, the “Guarantors”). The Company has not included separate financial statements of the Guarantors because they are 100% owned by the Company, the guarantees issued are full and unconditional, and the guarantees are joint and several. There are customary exceptions in the Indenture under which a subsidiary’s guarantee would terminate namely:
		•		a permitted sale or other disposition by a guarantor of all or substantially all of its assets;
		•		the designation or classification of a guarantor as an unrestricted subsidiary pursuant to the Indenture governing the guarantees;
		•		defeasance or discharge of the Senior Notes;
		•		the release of a guarantor due to the operation of the definition of “Immaterial Subsidiary” in the documents governing the guarantees; or
		•		the Senior Notes’ achievement of investment grade status.
	Condensed consolidating financial information for the Company and the Guarantors are as follows (in thousands):
	CONDENSED CONSOLIDATED BALANCE SHEETS
	AS OF SEPTEMBER 30, 2014
	(UNAUDITED)
			Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	ASSETS
	Current assets:
	Cash and cash equivalents		$	0		$	37,521		$	92,683		$	0		$	130,204
	Restricted cash			0			0			0			0			0
	Short-term investments			0			0			32,754			0			32,754
	Accounts receivable, net			0			102,816			63,021			0			165,837
	Unbilled revenues			0			45,454			34,003			0			79,457
	Prepaid expenses and other current assets			1,034			6,047			36,543			0			43,624
	Prepaid income taxes			19,741			0			6,774			(13,267	)		13,248
	Deferred tax assets			0			3,134			741			0			3,875
	Foreign exchange derivative contracts			0			0			4,912			0			4,912
	Inter-corporate loan			0			0			0			0			0
	Receivable from related parties			0			2,360			3,594			0			5,954
	Receivable from group companies			47,984			122,409			133,798			(304,191	)		0
	Total current assets			68,759			319,741			408,823			(317,458	)		479,865
	Investment in subsidiaries			460,955			700,603			0			(1,161,558	)		0
	Inter-corporate loan			325,000			2,495			0			(327,495	)		0
	Deposits and other assets			3,815			1,283			15,195			0			20,293
	Prepaid income taxes			0			0			32,138			0			32,138
	Property and equipment, net			0			4,340			216,624			0			220,964
	Leasehold land			0			0			75,603			0			75,603
	Deferred tax assets			0			15,044			237			0			15,281
	Goodwill			0			1,026			438,149			0			439,175
	Intangible assets, net			0			78			111,320			0			111,398
	Total assets		$	858,529		$	1,044,610		$	1,298,089		$	(1,806,511	)	$	1,394,717
	LIABILITIES, PREFERRED STOCK AND SHAREHOLDERS’ EQUITY
	Current liabilities:
	Accounts payable		$	0		$	1,920		$	8,288		$	0		$	10,208
	Line of credit			0			0			52,000			0			52,000
	Senior Notes			0			0			0			0			0
	Term loans			0			0			0			0			0
	Accrued payroll and related costs			0			16,497			29,301			0			45,798
	Other accrued liabilities			7,711			21,322			37,065			0			66,098
	Accrued income taxes			0			13,267			3,861			(13,267	)		3,861
	Foreign exchange derivative contracts			0			0			1,159			0			1,159
	Deferred revenue			0			9,769			8,637			0			18,406
	Inter-corporate loan			0			0			0			0			0
	Payable to group companies			52,061			176,929			75,201			(304,191	)		0
	Total current liabilities			59,772			239,704			215,512			(317,458	)		197,530
	Other long-term liabilities			0			559			5,626			0			6,185
	Senior Notes			325,000			0			0			0			325,000
	Term loans			0			0			234,000			0			234,000
	Accrued income taxes			0			650			17,611			0			18,261
	Inter-corporate loan			0			325,000			2,495			(327,495	)		0
	Deferred tax liabilities			0			0			35,261			0			35,261
	Total liabilities			384,772			565,913			510,505			(644,953	)		816,237
	Series B Preferred stock			435,989			0			0			0			435,989
	IGATE Corporation shareholders’ equity:
	Common shares			600			330,000			53,452			(383,452	)		600
	Common shares held in treasury, at cost			(14,714	)		0			0			0			(14,714	)
	Additional paid-in capital			236,095			161,276			605,882			(778,106	)		225,147
Retained earnings			(184,213	)		(12,675	)		512,060			0			315,172
Accumulated other comprehensive loss			0			96			(387,540	)		0			(387,444	)
Total IGATE Corporation shareholders’ equity			37,768			478,697			783,854			(1,161,558	)		138,761
Non-controlling interest			0			0			3,730			0			3,730
Total equity			37,768			478,697			787,584			(1,161,558	)		142,491
Total liabilities, preferred stock and shareholders’ equity		$	858,529		$	1,044,610		$	1,298,089		$	(1,806,511	)	$	1,394,717
CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2013
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents		$	0		$	82,497		$	122,339		$	0		$	204,836
Restricted cash			0			360,000			0			0			360,000
Short-term investments			0			0			181,401			0			181,401
Accounts receivable, net			0			87,110			70,795			0			157,905
Unbilled revenues			0			29,309			32,115			0			61,424
Prepaid expenses and other current assets			11,997			3,693			28,802			0			44,492
Prepaid income taxes			0			797			41			0			838
Deferred tax assets			0			3,163			7,072			0			10,235
Foreign exchange derivative contracts			0			0			836			0			836
Inter-corporate loan			360,000			0			0			(360,000	)		0
Receivable from related parties			0			1,618			2,428			0			4,046
Receivable from group companies			21,332			0			24,952			(46,284	)		0
Total current assets			393,329			568,187			470,781			(406,284	)		1,026,013
Investment in subsidiaries			460,955			545,412			0			(1,006,367	)		0
Inter-corporate loan			410,000			2,476			0			(412,476	)		0
Deposits and other assets			5,596			1,084			18,250			0			24,930
Prepaid income taxes			0			0			32,160			0			32,160
Property and equipment, net			0			2,291			163,290			0			165,581
Leasehold land			0			0			76,732			0			76,732
Deferred tax assets			0			15,054			99			0			15,153
Goodwill			0			1,026			437,865			0			438,891
Intangible assets, net			0			130			119,132			0			119,262
Total assets		$	1,269,880		$	1,135,660		$	1,318,309		$	(1,825,127	)	$	1,898,722
LIABILITIES, PREFERRED STOCK AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable		$	0		$	1,834		$	7,434		$	0		$	9,268
Line of credit			0			0			52,000			0			52,000
Senior Notes			360,000			0			0			0			360,000
Term loans			0			0			90,000			0			90,000
Accrued payroll and related costs			0			19,086			38,007			0			57,093
Other accrued liabilities			11,550			24,012			44,223			0			79,785
Accrued income taxes			0			0			5,802			0			5,802
Foreign exchange derivative contracts			0			0			909			0			909
Deferred revenue			0			8,917			8,859			0			17,776
Inter-corporate loan			0			360,000			0			(360,000	)		0
Payable to group companies			0			26,446			19,838			(46,284	)		0
Total current liabilities			371,550			440,295			267,072			(406,284	)		672,633
Other long-term liabilities			0			165			3,367			0			3,532
Senior Notes			410,000			0			0			0			410,000
Term loans			0			0			270,000			0			270,000
Accrued income taxes			0			650			13,286			0			13,936
Inter-corporate loan			0			410,000			2,476			(412,476	)		0
Deferred tax liabilities			0			0			41,717			0			41,717
Total liabilities			781,550			851,110			597,918			(818,760	)		1,411,818
Series B Preferred stock			410,371			0			0			0			410,371
IGATE Corporation shareholders’ equity:
Common shares			594			330,000			53,451			(383,451	)		594
Common shares held in treasury, at cost			(14,714	)		0			0			0			(14,714	)
Additional paid-in capital			216,107			6,209			604,743			(622,916	)		204,143
Retained earnings			(124,028	)		(51,755	)		444,533			0			268,750
Accumulated other comprehensive loss			0			96			(387,211	)		0			(387,115	)
Total IGATE Corporation shareholders’ equity			77,959			284,550			715,516			(1,006,367	)		71,658
Non-controlling interest			0			0			4,875			0			4,875
Total equity			77,959			284,550			720,391			(1,006,367	)		76,533
Total liabilities, preferred stock and shareholders’ equity		$	1,269,880		$	1,135,660		$	1,318,309		$	(1,825,127	)	$	1,898,722
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THREE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenues		$	0		$	211,545		$	185,522		$	(74,293	)	$	322,774
Cost of revenues (exclusive of depreciation and amortization)			0			158,386			124,708			(74,293	)		208,801
Gross margin			0			53,159			60,814			0			113,973
Selling, general and administrative expense			0			20,350			29,584			0			49,934
Depreciation and amortization			0			414			8,970			0			9,384
Income from operations			0			32,395			22,260			0			54,655
Interest expense			(4,110	)		(3,061	)		(4,186	)		3,865			(7,492	)
Foreign exchange gain (loss), net			0			(92	)		3,261			0			3,169
Loss on extinguishment of debt			0			0			0			0			0
Other income (expense), net			3,859			(743	)		4,902			(3,865	)		4,153
Income before income taxes			(251	)		28,499			26,237			0			54,485
Income tax expense (benefit)			0			11,774			5,314			0			17,088
Net income (loss)			(251	)		16,725			20,923			0			37,397
Non-controlling interest			0			0			89			0			89
Net income (loss) attributable to IGATE Corporation			(251	)		16,725			20,834			0			37,308
Accretion to preferred stock			152			0			0			0			152
Preferred dividend			8,653			0			0			0			8,653
Net income (loss) attributable to IGATE common shareholders		$	(9,056	)	$	16,725		$	20,834		$	0		$	28,503
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THREE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenues		$	0		$	171,855		$	183,130		$	(61,579	)	$	293,406
Cost of revenues (exclusive of depreciation and amortization)			0			121,685			111,957			(61,579	)		172,063
Gross margin			0			50,170			71,173			0			121,343
Selling, general and administrative expense			0			18,151			28,711			0			46,862
Depreciation and amortization			0			295			8,144			0			8,439
Income from operations			0			31,724			34,318			0			66,042
Interest expense			(18,950	)		(18,307	)		(324	)		17,325			(20,256	)
Foreign exchange gain (loss), net			0			(109	)		(4,263	)		0			(4,372	)
Loss on extinguishment of debt			0			0			0			0			0
Other income (expense), net			17,325			239			4,974			(17,325	)		5,213
Income before income taxes			(1,625	)		13,547			34,705			0			46,627
Income tax expense (benefit)			0			5,842			8,792			0			14,634
Net income (loss)			(1,625	)		7,705			25,913			0			31,993
Non-controlling interest			0			0			97			0			97
Net income (loss) attributable to IGATE Corporation			(1,625	)		7,705			25,816			0			31,896
Accretion to preferred stock			126			0			0			0			126
Preferred dividend			7,994			0			0			0			7,994
Net income (loss) attributable to IGATE common shareholders		$	(9,745	)	$	7,705		$	25,816		$	0		$	23,776
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR NINE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenues		$	0		$	594,494		$	553,176		$	(210,945	)	$	936,725
Cost of revenues (exclusive of depreciation and amortization)			0			445,229			361,030			(210,945	)		595,314
Gross margin			0			149,265			192,146			0			341,411
Selling, general and administrative expense			0			52,550			87,553			0			140,103
Depreciation and amortization			0			1,195			26,465			0			27,660
Income from operations			0			95,520			78,128			0			173,648
Interest expense			(31,592	)		(29,172	)		(11,615	)		29,062			(43,317	)
Foreign exchange gain (loss), net			0			(157	)		6,247			0			6,090
Loss on extinguishment of debt			(51,760	)		0			0			0			(51,760	)
Other income (expense), net			29,044			1,667			13,498			(29,062	)		15,147
Income before income taxes			(54,308	)		67,858			86,258			0			99,808
Income tax expense (benefit)			(19,741	)		28,778			18,449			0			27,486
Net income (loss)			(34,567	)		39,080			67,809			0			72,322
Non-controlling interest			0			0			282			0			282
Net income (loss) attributable to IGATE Corporation			(34,567	)		39,080			67,527			0			72,040
Accretion to preferred stock			436			0			0			0			436
Preferred dividend			25,182			0			0			0			25,182
Net income (loss) attributable to IGATE common shareholders		$	(60,185	)	$	39,080		$	67,527		$	0		$	46,422
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR NINE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenues		$	0		$	499,954		$	542,746		$	(191,108	)	$	851,592
Cost of revenues (exclusive of depreciation and amortization)			0			366,782			342,399			(191,108	)		518,073
Gross margin			0			133,172			200,347			0			333,519
Selling, general and administrative expense			0			50,291			88,713			0			139,004
Depreciation and amortization			0			929			25,376			0			26,305
Income from operations			0			81,952			86,258			0			168,210
Interest expense			(56,705	)		(54,649	)		(7,646	)		51,975			(67,025	)
Foreign exchange gain (loss), net			0			(298	)		390			0			92
Loss on extinguishment of debt			0			0			0			0			0
Other income (expense), net			51,975			3,144			36,766			(51,975	)		39,910
Income before income taxes			(4,730	)		30,149			115,768			0			141,187
Income tax expense (benefit)			0			9,455			35,006			0			44,461
Net income (loss)			(4,730	)		20,694			80,762			0			96,726
Non-controlling interest			0			0			97			0			97
Net income (loss) attributable to IGATE Corporation			(4,730	)		20,694			80,665			0			96,629
Accretion to preferred stock			361			0			0			0			361
Preferred dividend			23,246			0			0			0			23,246
Net income (loss) attributable to IGATE common shareholders		$	(28,337	)	$	20,694		$	80,665		$	0		$	73,022
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THREE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Net Income (loss) attributable to IGATE common shareholders		$	(9,056	)	$	16,725		$	20,834		$	0		$	28,503
Add: Non-controlling interest			0			0			89			0			89
Other comprehensive income:
Change in fair value on marketable securities			0			0			(1,161	)		0			(1,161	)
Unrecognized actuarial gain (loss) on pension liability			0			0			132			0			132
Change in fair value of cash flow hedges			0			0			(861	)		0			(861	)
Gain (loss) on foreign currency translation			0			0			(28,290	)		0			(28,290	)
Total comprehensive income (loss)			(9,056	)		16,725			(9,257	)		0			(1,588	)
Less: Total comprehensive income (loss) attributable to non-controlling interest			0			0			(129	)		0			(129	)
Total comprehensive income (loss) attributable to IGATE common shareholders		$	(9,056	)	$	16,725		$	(9,128	)	$	0		$	(1,459	)
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THREE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Net Income (loss) attributable to IGATE common shareholders		$	(9,745	)	$	7,705		$	25,816		$	0		$	23,776
Add: Non-controlling interest			0			0			97			0			97
Other comprehensive income:
Change in fair value on marketable securities			0			0			(336	)		0			(336	)
Unrecognized actuarial gain (loss) on pension liability			0			0			293			0			293
Change in fair value of cash flow hedges			0			0			(1,482	)		0			(1,482	)
Gain (loss) on foreign currency translation			0			0			(48,269	)		0			(48,269	)
Total comprehensive income (loss)			(9,745	)		7,705			(23,881	)		0			(25,921	)
Less: Total comprehensive income (loss) attributable to non-controlling interest			0			0			(1,890	)		0			(1,890	)
Total comprehensive income (loss) attributable to IGATE common shareholders		$	(9,745	)	$	7,705		$	(21,991	)	$	0		$	(24,031	)
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR NINE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
Net Income (loss) attributable to IGATE common shareholders		$	(60,185	)	$	39,080		$	67,527		$	0		$	46,422
Add: Non-controlling interest			0			0			282			0			282
Other comprehensive income:
Change in fair value on marketable securities			0			0			(1,478	)		0			(1,478	)
Unrecognized actuarial gain (loss) on pension liability			0			0			118			0			118
Change in fair value of cash flow hedges			0			0			2,608			0			2,608
Gain (loss) on foreign currency translation			0			0			(1,649	)		0			(1,649	)
Total comprehensive income (loss)			(60,185	)		39,080			67,408			0			46,303
Less: Total comprehensive income (loss) attributable to non-controlling interest			0			0			210			0			210
Total comprehensive income (loss) attributable to IGATE common shareholders		$	(60,185	)	$	39,080		$	67,198		$	0		$	46,093
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR NINE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
Net Income (loss) attributable to IGATE common shareholders		$	(28,337	)	$	20,694		$	80,665		$	0		$	73,022
Add: Non-controlling interest			0			0			97			0			97
Other comprehensive income:
Change in fair value on marketable securities			0			0			(7,086	)		0			(7,086	)
Unrecognized actuarial gain (loss) on pension liability			0			0			863			0			863
Change in fair value of cash flow hedges			0			0			(5,417	)		0			(5,417	)
Gain (loss) on foreign currency translation			0			0			(120,276	)		0			(120,276	)
Total comprehensive income (loss)			(28,337	)		20,694			(51,154	)		0			(58,797	)
Less: Total comprehensive income (loss) attributable to non-controlling interest			0			0			(1,890	)		0			(1,890	)
Total comprehensive income (loss) attributable to IGATE common shareholders		$	(28,337	)	$	20,694		$	(49,264	)	$	0		$	(56,907	)
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR NINE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
Cash Flows From Operating Activities:
Net income (loss)		$	(34,567	)	$	39,080		$	67,809		$	0		$	72,322
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization			0			1,195			26,465			0			27,660
Stock-based compensation			0			4,715			7,708			0			12,423
Realized gain on investments			0			0			(10,995	)		0			(10,995	)
Deferred loss on settled derivatives			0			0			0			0			0
Provision (recovery) for doubtful debts			0			(1,013	)		462			0			(551	)
Deferred income taxes			0			39			(380	)		0			(341	)
Loss on extinguishment of debt			51,760			0			0			0			51,760
Amortization of debt issuance costs			2,548			0			1,858			0			4,406
Gain on sale of property and equipment			0			(26	)		(56	)		0			(82	)
Deferred rent			0			320			626			0			946
Excess tax benefits related to stock option exercises			0			(3,101	)		0			0			(3,101	)
Changes in operating assets and liabilities:
Accounts receivable and unbilled revenues			0			(31,579	)		1,624			0			(29,955	)
Inter-corporate current account			25,412			28,053			(53,465	)		0			0
Prepaid expenses and other assets			0			(2,551	)		(6,724	)		0			(9,275	)
Accounts payable			0			86			(416	)		0			(330	)
Accrued and other liabilities			(23,616	)		12,163			(19,794	)		0			(31,247	)
Deferred revenue			0			853			51			0			904
Net cash flows provided by (used in) operating activities			21,537			48,234			14,773			0			84,544
Cash Flows From Investing Activities:
Purchase of property and equipment			0			(3,371	)		(67,499	)		0			(70,870	)
Proceeds from sale of property and equipment			0			0			257			0			257
Purchase of available-for-sale investments			0			0			(421,377	)		0			(421,377	)
Proceeds from maturities and sale of available-for-sale investments			0			0			581,196			0			581,196
Restricted cash			0			0			0			0			0
Inter-corporate loan			445,000			0			(365	)		(444,635	)		0
Investment in group companies			0			(123	)		0			123			0
Purchase of non-controlling interests			0			0			(328	)		0			(328	)
Net cash flows provided by (used in) investing activities			445,000			(3,494	)		91,884			(444,512	)		88,878
Cash Flows From Financing Activities:
Payments on capital lease obligations			0			0			(366	)		0			(366	)
Payments of line of credit and term loans			0			0			(126,000	)		0			(126,000	)
Proceeds from line of credit and term loans			0			0			0			0			0
Payment of Senior Notes			(770,000	)		0			0			0			(770,000	)
Proceeds from Senior Notes			325,000			0			0			0			325,000
Payment of debt related costs			(41,530	)		0			0			0			(41,530	)
Release of restricted cash towards debt retirement			0			360,000			0			0			360,000
Proceeds from issuance of equity stock			0			0			123			(123	)		0
Proceeds from exercise of stock options			16,892			(4,716	)		(7,718	)		0			4,458
Excess tax benefits related to stock option exercises			3,101			0			0			0			3,101
Inter-corporate loan			0			(445,000	)		365			444,635			0
Proceeds from equity issue to group companies			0			0			0			0			0
Net cash flows provided by (used in) financing activities			(466,537	)		(89,716	)		(133,596	)		444,512			(245,337	)
Effect of exchange rate changes			0			0			(2,717	)		0			(2,717	)
Net change in cash and cash equivalents			0			(44,976	)		(29,656	)		0			(74,632	)
Cash and cash equivalents, beginning of period			0			82,497			122,339			0			204,836
Cash and cash equivalents, end of period		$	0		$	37,521		$	92,683			0		$	130,204
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
FOR NINE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
Cash Flows From Operating Activities:
Net income (loss)		$	(4,730	)	$	20,694		$	80,762		$	0		$	96,726
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization			0			929			25,376			0			26,305
Stock-based compensation			0			208			7,030			0			7,238
Realized gain on investments			0			0			(30,057	)		0			(30,057	)
Deferred gain (loss) on settled derivatives			0			0			(1,066	)		0			(1,066	)
Provision (recovery) for doubtful debts			0			362			(208	)		0			154
Deferred income taxes			0			277			(744	)		0			(467	)
Loss on extinguishment of debt			0			0			0			0			0
Amortization of debt issuance costs			4,730			460			4,019			0			9,209
Gain on sale of property and equipment			0			0			(2,248	)		0			(2,248	)
Deferred rent			0			104			94			0			198
Excess tax benefits related to stock option exercises			0			(463	)		0			0			(463	)
Changes in operating assets and liabilities:
Accounts receivable and unbilled revenues			0			12,509			(16,673	)		0			(4,164	)
Inter-corporate current account			(28,259	)		7,539			20,720			0			0
Prepaid expenses and other assets			17,325			(1,528	)		(26,186	)		0			(10,389	)
Accounts payable			0			(1,945	)		2,403			0			458
Accrued and other liabilities			0			3,073			36,197			0			39,270
Deferred revenue			0			(276	)		(2,135	)		0			(2,411	)
Net cash flows (used in) provided by operating activities			(10,934	)		41,943			97,284			0			128,293
Cash Flows From Investing Activities:
Purchase of property and equipment			0			(921	)		(23,309	)		0			(24,230	)
Proceeds from sale of property and equipment			0			0			2,574			0			2,574
Purchase of available-for-sale investments			0			0			(1,188,835	)		0			(1,188,835	)
Proceeds from maturities and sale of available-for-sale investments			0			0			1,372,990			0			1,372,990
Restricted cash			0			0			3,072			0			3,072
Inter-corporate Loan			0			0			0			0			0
Investment in group companies			0			(255	)		0			255			0
Purchase of non-controlling interests			0			0			(23,651	)		0			(23,651	)
Net cash flows provided by (used in) investing activities			0			(1,176	)		142,841			255			141,920
Cash Flows From Financing Activities:
Payments on capital lease obligations			0			0			(450	)		0			(450	)
Payment of line of credit and term loans			0			(47,500	)		(239,500	)		0			(287,000	)
Proceeds from line of credit and term loans			0			30,000			11,000			0			41,000
Payment of debt related costs			0			0			(2,394	)		0			(2,394	)
Payment of Senior Notes			0			0			0			0			0
Proceeds from Senior Notes			0			0			0			0			0
Release of restricted cash towards debt retirement			0			0			0			0			0
Proceeds from issuance of equity stock			0			0			0			0			0
Proceeds from exercise of stock options			10,471			(209	)		(6,637	)		0			3,625
Excess tax benefits related to stock option exercises			463			0			0			0			463
Inter-corporate loan			0			0			0			0			0
Proceeds from equity issue to group companies			0			0			255			(255	)		0
Net cash flows provided by (used in) financing activities			10,934			(17,709	)		(237,726	)		(255	)		(244,756	)
Effect of exchange rate changes			0			0			21,367			0			21,367
Net change in cash and cash equivalents			0			23,058			23,766			0			46,824
Cash and cash equivalents, beginning of period			0			14,365			80,790			0			95,155
Cash and cash equivalents, end of period		$	0		$	37,423		$	104,556		$	0		$	141,979

Commitments_and_contingencies

Commitments and contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and contingencies	'
	19. Commitments and contingencies
	Capital commitments
	As of September 30, 2014, the Company has open purchase orders totaling $38.1 million towards construction of new facilities and purchase of property and equipment.
	Bank guarantees
	As of September 30, 2014, guarantees and letters of credit provided by banks on behalf of the Company’s subsidiaries, to customs authorities, customers and vendors for capital procurements amounted to $3.6 million. These guarantees and letters of credit have a remaining term of approximately one to five years.
	Other commitments
	The Company’s business process delivery centers in India are 100% Export Oriented units or Software Technology Parks (“STP”) and SEZs under the STP and SEZ guidelines issued by the Government of India. These units are exempted from customs, central excise duties, and levies on imported and indigenous capital goods, stores, and spares. The Company has executed legal undertakings to pay custom duties, central excise duties, levies, and liquidated damages payable, if any, in respect of imported and indigenous capital goods, stores, and spares consumed duty free, in the event that certain terms and conditions are not fulfilled.
	The Company has entered into a service agreement with a customer that provides such customer the option, exercisable at any time by providing 60 days’ notice to the Company to acquire an equity stake of up to 7.00% of the Company’s outstanding voting shares at fair market value. The fair market value is the volume weighted average trading price of the Company’s shares on the NASDAQ Market for five consecutive trading days immediately before the date on which the customer delivers its notice under the option. The option does not restrict the customer in any way from buying the Company’s shares in the open market. The service agreement also requires the Company to register the shares upon exercise of the option by the customer and there are no events or circumstances that would require the Company to transfer consideration under the agreement.
	Contingencies
	The former Chief Executive Officer of the Company has filed a complaint before the Alameda County Superior Court of California seeking compensation for breach of contract, breach of the covenant of good faith, and fair dealing, various Labor Code violations, false promise, and defamation. The Company believes that it has valid defenses against this complaint and has filed a counter complaint on January 29, 2014. Based upon this belief and the inherent difficulties in evaluating the former Chief Executive Officer’s complaint at this stage, the Company cannot reasonably estimate the potential loss, if any. Accordingly, no accrual for loss contingency has been recorded for this matter.
	The Company is involved in lawsuits and claims which arise in the ordinary course of business. Management believes that the ultimate outcome of these matters will not have a material adverse impact on its financial position, results of operations and cash flows.

Recently_Issued_Accounting_Pro

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2014
Recently Issued Accounting Pronouncements	'
	20. Recently Issued Accounting Pronouncements
	In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”. ASU 2014-09 supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition, and most industry-specific guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity is required to follow five steps which comprises of a) identifying the contract(s) with a customer; b) identifying the performance obligations in the contract; c) determining the transaction price; d) allocating the transaction price to the performance obligations in the contract and e) recognizing revenue when (or as) the entity satisfies a performance obligation. This guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, under either retrospective or retrospective with cumulative effect adoption. Early application is not permitted. The Company is currently assessing the potential effects of these changes to the consolidated financial statements.
	In June 2014, the FASB issued ASU No. 2014-12– “Stock Compensation – Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” which requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. The ASU clarifies the proper method of accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. The ASU is effective for annual and interim periods for fiscal years beginning on or after December 15, 2015. Entities can apply the amendment either a) prospectively to all awards granted or modified after the effective date or b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The ASU does not have an impact on the consolidated financial statements.
	In August 2014, the FASB issued ASU No. 2014-15– “Presentation of Financial Statements – Going Concern” which requires an entity’s management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued or available to be issued. The ASU defines and clarifies that substantial doubt exists when conditions and events indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year after the date financial statements are issued or available to be issued. The ASU requires management to perform the assessment every interim and annual period. The ASU applies to all entities and is effective for the annual period ending after December 15, 2016. Early application is permitted. The ASU does not have an impact on the consolidated financial statements.

Recently_Adopted_Accounting_Pr

Recently Adopted Accounting Pronouncements	9 Months Ended
	Sep. 30, 2014
Recently Adopted Accounting Pronouncements	'
	21. Recently Adopted Accounting Pronouncements
	In July 2013, the FASB issued an ASU No. 2013-11– “Income Taxes – Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carry forward, a Similar Tax Loss, or a Tax Credit Carry forwards Exists” which provides that a liability related to an unrecognized tax benefit would be offset against a deferred tax asset for a net operating loss carry-forward, a similar tax loss or a tax credit carry-forward if such settlement is required or expected in the event the uncertain tax position is disallowed, which would require an entity to present the liability associated with an unrecognized tax benefit or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss carry-forward, a similar tax loss or a tax credit carry-forward. The ASU also mentions that, to the extent a net operating loss carry-forward, a similar tax loss, or a tax credit carry-forward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The ASU is effective for annual and interim periods for fiscal years beginning on or after December 15, 2013. The Company has adopted this ASU effective January 1, 2014 and the adoption did not have a material impact on the Company’s condensed consolidated balance sheet or statement of income.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2014
Principles of Consolidation	'
	Principles of Consolidation
	The Condensed Consolidated Financial Statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated.
Use of Estimates	'
	Use of Estimates
	Preparing financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results may differ from these estimates. Interim results are not necessarily indicative of results for a full year.

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2014
Changes in Carrying Value of Goodwill	'
	The changes in the carrying value of goodwill for the nine months ended September 30, 2014 are as follows (in thousands):
		Amount
	Goodwill as of December 31, 2013	$	438,891
	Foreign currency translation effect		284
	Goodwill as of September 30, 2014	$	439,175
Changes in Carrying Value of Intangible Assets	'
	The following describes changes in the carrying value of intangibles for the nine months ended September 30, 2014 (in thousands):
		Amount
	Intangible assets as of December 31, 2013	$	119,262
	Foreign currency translation effect		132
	Amortization		(7,996	)
	Intangible assets as of September 30, 2014	$	111,398
Intangible Assets	'
	As of September 30, 2014, intangible assets were comprised of the following (in thousands):
		Amount
	Customer relationships	$	189,844
	Intellectual property rights		9,400
	Foreign currency translation adjustments		(49,017	)
	Accumulated Amortization		(38,829	)
	Intangible assets as of September 30, 2014	$	111,398
Intangible Asset Future Estimated Annual Amortization	'
	Future estimated annual amortization is as follows (in thousands):
		Amount
	Remainder of 2014	$	2,654
	2015	$	10,938
	2016	$	11,308
	2017	$	10,891
	2018	$	10,070

Senior_notes_Tables

Senior notes (Tables)	9 Months Ended
	Sep. 30, 2014
Percentage of Principal Amount Accrued and Unpaid Interest	'
	At any time and from time to time on or after April 15, 2016, the Company may redeem the Senior Notes, in whole or in part, at a redemption price equal to the percentage of principal amount set forth below plus accrued and unpaid interest to the redemption date:
	12-Month period commencing	Percentage
	On or after April 15, 2016		102.38	%
	On or after April 15, 2017		101.19	%
	On or after April 15, 2018 and thereafter		100	%

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share for Common Stock, Unvested Restricted Stock and Series B Preferred Stock Under Two Class Method	'
	Earnings per share for the common stock, unvested restricted stock and Series B Preferred Stock under the two class method are presented below (dollars and shares in thousands, except per share data):
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
			2014		2013		2014		2013
	Net income attributable to IGATE common shareholders		$	28,503	$	23,776	$	46,422	$	73,022
	Add: Dividend on Series B Preferred Stock			8,653		7,994		25,182		23,246
				37,156		31,770		71,604		96,268
	Less: Dividends on
	Series B Preferred Stock	[A]		8,653		7,994		25,182		23,246
	Undistributed Income		$	28,503	$	23,776	$	46,422	$	73,022
	Allocation of Undistributed Income :
	Common stock	[B]		20,876		17,716		34,001		54,411
	Unvested restricted stock	[C]		0		7		0		21
	Series B Preferred Stock	[D]		7,627		6,053		12,421		18,590
			$	28,503	$	23,776	$	46,422	$	73,022
	Shares outstanding for allocation of undistributed income:
	Common stock			59,029		58,311		59,029		58,311
	Unvested restricted stock			0		23		0		23
	Series B Preferred Stock			21,565		19,923		21,565		19,923
				80,594		78,257		80,594		78,257
	Weighted average shares outstanding:
	Common stock	[E]		58,962		58,148		58,829		57,895
	Unvested restricted stock	[F]		0		23		0		23
	Series B Preferred Stock	[G]		21,565		19,923		21,565		19,923
				80,527		78,094		80,394		77,841
	Weighted average common stock outstanding			58,962		58,148		58,829		57,895
	Dilutive effect of stock options and restricted shares outstanding			1,905		1,688		1,880		1,669
	Dilutive weighted average shares outstanding	[H]		60,867		59,836		60,709		59,564
	Distributed earnings per share:
	Series B Preferred Stock	[I=G]	$	0.4	$	0.4	$	1.17	$	1.17
	Undistributed earnings per share:
	Common stock	[J=E]	$	0.35	$	0.3	$	0.58	$	0.94
	Unvested restricted stock	[K=F]	$	0	$	0.3	$	0	$	0.93
	Series B Preferred Stock	[L=G]	$	0.35	$	0.3	$	0.58	$	0.93
	Basic earnings per share from operations:
	Common stock	[J]	$	0.35	$	0.3	$	0.58	$	0.94
	Unvested restricted stock	[K]	$	0	$	0.3	$	0	$	0.93
	Series B Preferred Stock	[I+L]	$	0.75	$	0.7	$	1.75	$	2.1
	Diluted earnings per share from operations	[[B+C]/H]	$	0.34	$	0.3	$	0.56	$	0.91

Investments_Tables

Investments (Tables)	9 Months Ended
	Sep. 30, 2014
Short Term Investments	'
	Short term investments comprise the following (in thousands):
		As of September 30, 2014
		Carrying Value			Unrealized Gain			Fair Value
	Liquid mutual funds	$	32,462		$	106		$	32,568
	Fixed deposits with banks		186			0			186
		$	32,648		$	106		$	32,754
		As of December 31, 2013
		Carrying Value			Unrealized Gain			Fair Value
	Liquid mutual funds	$	178,886		$	2,345		$	181,231
	Fixed deposits with banks		170			0			170
		$	179,056		$	2,345		$	181,401
Contractual Maturities of Short-Term and Other Investments	'
	Contractual maturities of short-term and other investments in available-for-sale securities as of September 30, 2014, were as follows (in thousands):
		As of September 30, 2014
	Due within one year	$	32,754
Realized Gains and Proceeds on Sale of Available for Sale Securities	'
	Realized gains and proceeds from the sale of available-for-sale securities are as follows (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Gross realized gains	$	3,455		$	4,088		$	10,995		$	30,057
	Sale proceeds		206,792			118,783			581,196			1,372,990
Changes in Unrealized Gain, Net on Marketable Securities Carrying Value	'
	The changes in the unrealized gain, net, on marketable securities carrying value for the three and nine months ended September 30, 2014 and 2013 are as follows (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Unrealized gain on marketable securities at the beginning of the period	$	1,865		$	1,986		$	2,345		$	11,711
	Reclassification of gain into earnings on maturity		(3,455	)		(4,088	)		(10,995	)		(30,057	)
	Net unrealized gain due to changes in the fair value		1,696			3,386			8,756			19,630
	Unrealized gain on marketable securities at the end of the period	$	106		$	1,284		$	106		$	1,284

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2014
Changes in Balances of Accumulated Other Comprehensive Income (Loss) by Component	'
	The changes in the balances of accumulated other comprehensive income (loss), net of tax, by component for the three and nine months ended September 30, 2014 and 2013 are summarized as follows (in thousands):
		Three Months Ended Sept 30,								Nine Months Ended Sept 30,
		2014				2013				2014				2013
	Unrealized gain on Marketable securities:
	Beginning balance attributable to IGATE common shareholders	$	1,228			$	1,525			$	1,542			$	8,275
	Amount of gain (loss) recognized in other comprehensive income		1,120				2,687				5,780				14,310
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(2,281	)			(3,023	)			(7,258	)			(21,396	)
	Portion attributable to non-controlling interests		3				(1	)			6				(1	)
	Ending balance attributable to IGATE common shareholders	$	70			$	1,188			$	70			$	1,188
	Unrealized gain (loss) on cash flow hedges:
	Beginning balance attributable to IGATE common shareholders	$	3,404			$	(3,490	)		$	(48	)		$	445
	Amount of gain (loss) recognized in other comprehensive income		1,362				(5,656	)			6,862				(7,789	)
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(2,223	)			4,174				(4,254	)			2,372
	Portion attributable to non-controlling interests		4				24				(13	)			24
	Ending balance attributable to IGATE common shareholders	$	2,547			$	(4,948	)		$	2,547			$	(4,948	)
	Actuarial gain (loss) relating to defined benefit plan:
	Beginning balance attributable to IGATE common shareholders	$	1,065			$	447			$	1,079			$	(123	)
	Amount of gain (loss) recognized in other comprehensive income		172				294				236				869
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(40	)			(1	)			(118	)			(6	)
	Portion attributable to non-controlling interests		(1	)			(3	)			(1	)			(3	)
	Ending balance attributable to IGATE common shareholders	$	1,196			$	737			$	1,196			$	737
	Foreign currency translation:
	Beginning balance attributable to IGATE common shareholders	$	(363,179	)		$	(355,187	)		$	(389,688	)		$	(283,180	)
	Amount of gain (loss) recognized in other comprehensive income		(28,290	)			(48,269	)			(1,649	)			(120,276	)
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		0				0				0				0
	Portion attributable to non-controlling interests		212				1,967				80				1,967
	Ending balance attributable to IGATE common shareholders	$	(391,257	)		$	(401,489	)		$	(391,257	)		$	(401,489	)
	The changes in the tax expense (benefit) on accumulated other comprehensive income (loss), by component, attributable to IGATE common shareholders, are summarized as follows for the three and nine months ended September 30, 2014 (in thousands):
		Three Months Ended Sept 30,								Nine Months Ended Sept 30,
		2014				2013				2014				2013
	Unrealized gain on Marketable securities:
	Beginning balance attributable to IGATE common shareholders	$	632			$	461			$	793			$	3,436
	Amount of gain (loss) recognized in other comprehensive income		576				699				2,976				5,320
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(1,174	)			(1,065	)			(3,737	)			(8,661	)
	Portion attributable to non-controlling interests		2				0				4				0
	Ending balance attributable to IGATE common shareholders	$	36			$	95			$	36			$	95
	Unrealized gain (loss) on cash flow hedges:
	Beginning balance attributable to IGATE common shareholders	$	1,754			$	(1,497	)		$	(23	)		$	184
	Amount of gain (loss) recognized in other comprehensive income		702				(2,817	)			3,534				(3,751	)
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(1,147	)			1,754				(2,193	)			1,007
	Portion attributable to non-controlling interests		2				13				(7	)			13
	Ending balance attributable to IGATE common shareholders	$	1,311			$	(2,547	)		$	1,311			$	(2,547	)
	Actuarial gain (loss) relating to defined benefit plan:
	Beginning balance attributable to IGATE common shareholders	$	547			$	226			$	555			$	(69	)
	Amount of gain (loss) recognized in other comprehensive income		88				155				121				451
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		(20	)			0				(61	)			(1	)
	Portion attributable to non-controlling interests		0				(2	)			0				(2	)
	Ending balance attributable to IGATE common shareholders	$	615			$	379			$	615			$	379
	Foreign currency translation:
	Beginning balance attributable to IGATE common shareholders	$	0			$	0			$	0			$	0
	Amount of gain (loss) recognized in other comprehensive income		0				0				0				0
	Amounts of (gain) loss reclassified from accumulated other comprehensive income		0				0				0				0
	Portion attributable to non-controlling interests		0				0				0				0
	Ending balance attributable to IGATE common shareholders	$	0			$	0			$	0			$	0
Summary of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'
	The following table summarizes the reclassifications out of accumulated other comprehensive income for the three and nine months ended September 30, 2014 and 2013 (in thousands):
	Accumulated Other Comprehensive	Line item in Statement of Income		Amount reclassified from Accumulated Other Comprehensive Income
	Income – Components
				Three months ended								Nine months ended
				September 30,								September 30,
				2014				2013				2014				2013
	Available-for-sale securities:
	Sale of Securities	Other Income, net		$	3,455			$	4,088			$	10,995			$	30,057
		Income tax expense			(1,174	)			(1,065	)			(3,737	)			(8,661	)
		Non-controlling interest, net of tax			(8	)			(10	)			(32	)			(10	)
		Reclassification to earnings		$	2,273			$	3,013			$	7,226			$	21,386
	Cash flow hedges:
	Foreign exchange derivative contracts	Foreign exchange gain (loss), net		$	3,370			$	(5,929	)		$	6,447			$	(3,379	)
		Income tax expense			(1,147	)			1,755				(2,193	)			1,008
		Non-controlling interest, net of tax			(11	)			4				(23	)			4
		Reclassification to earnings		$	2,212			$	(4,170	)		$	4,231			$	(2,367	)
	Pension and other defined benefit liability:
	Amortization of actuarial gain (loss)	Cost of revenues		$	60			$	1			$	179			$	5
		Income tax expense			(20	)			(0	)			(61	)			(1	)
		Non-controlling interest, net of tax			0				(0	)			(1	)			(0	)
		Reclassification to earnings		$	40			$	1			$	117			$	4

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2014

Outstanding Cash Flow Hedge Transactions Qualifying for Hedge Accounting

'

OUTSTANDING CASH FLOW HEDGE TRANSACTIONS QUALIFYING FOR HEDGE ACCOUNTING (in thousands)

As of

September 30, 2014

December 31, 2013

Foreign Exchange Forward Contracts USD

$

187,000

$

94,300

Foreign Exchange Forward Contracts CAD

$

28,615

$

13,160

Foreign Exchange Forward Contracts GBP

$

20,231

$

14,041

Foreign Exchange Forward Contracts EUR

$

755

$

0

Foreign Exchange Forward Contracts CHF

$

10,435

$

0

Outstanding Fair Value Hedge Transactions Not Qualifying For Hedge Accounting

'

OUTSTANDING FAIR VALUE HEDGE TRANSACTIONS NOT QUALIFYING FOR HEDGE ACCOUNTING (in thousands):

As of

September 30, 2014

December 31, 2013

Foreign Exchange Forward Contracts USD

$

34,500

$

0

Foreign Exchange Forward Contracts CAD

$

5,991

$

0

Foreign Exchange Forward Contracts GBP

$

14,194

$

12,059

Foreign Exchange Forward Contracts EUR

$

629

$

0

Foreign Exchange Forward Contracts CHF

$

1,776

$

0

Foreign Exchange Forward Contracts JPY

$

2,445

$

0

Effect of Derivative Instruments on Statements of Income

'

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the three months ended September 30, 2014 (in thousands):

Derivatives

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

in ASC Topic 815

(Loss)

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

recognized

from Accumulated

from Accumulated

in Income on

Statement

Hedging

in OCI on

OCI into Income

OCI into Income

Derivative

Relationships

Derivative

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30,

September 30, 2014

September 30, 2014

2014

Foreign Exchange Contracts

$

2,064

Foreign exchange gain (loss), net

$

3,370

Foreign exchange gain (loss), net

$

0

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the nine months ended September 30, 2014 (in thousands):

Derivatives in

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

ASC Topic 815

(Loss) recognized

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

in OCI on

from Accumulated

from Accumulated

in Income on

Statement

Hedging

Derivative

OCI into Income

OCI into Income

Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30, 2014

September 30, 2014

September 30, 2014

Foreign Exchange Contracts

$

10,396

Foreign exchange gain (loss), net

$

6,447

Foreign exchange gain (loss), net

$

0

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the three months ended September 30, 2013 (in thousands):

Derivatives in

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

ASC Topic 815

(Loss) recognized

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

in OCI on

from Accumulated

from Accumulated

in Income on

Statement

Hedging

Derivative

OCI into Income

OCI into Income

Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30, 2013

September 30, 2013

September 30, 2013

Foreign Exchange Contracts

$

(8,474

)

Foreign exchange gain (loss), net

$

(5,929

)

Foreign exchange gain (loss), net

$

0

The effect of derivative instruments on the Condensed Consolidated Statements of Income for the nine months ended September 30, 2013 (in thousands):

Derivatives in

Amount of Gain

Location of Gain

Amount of Gain

Location of Gain

Amount of Gain (Loss)

ASC Topic 815

(Loss) recognized

(Loss) reclassified

(Loss) reclassified

(Loss) recognized

recognized in Income

Cash Flow

in OCI on

from Accumulated

from Accumulated

in Income on

Statement

Hedging

Derivative

OCI into Income

OCI into Income

Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Ineffective Portion and amount excluded from effectiveness testing)

September 30, 2013

September 30, 2013

September 30, 2013

Foreign Exchange Contracts

$

(11,540

)

Foreign exchange gain (loss), net

$

(3,379

)

Foreign exchange gain (loss), net

$

837

Derivatives Not Designated as Hedging Instruments

'

Derivatives not designated as hedging instruments (in thousands):

Three months ended September 30,

Nine months ended September 30,

2014

2013

2014

2013

Statement of Income

Foreign exchange gain (loss), net

$

1,014

$

(3,348

)

$

2,010

$

(6,666

)

Information on Location and Amounts of Derivative Fair Values in Balance Sheets

'

Information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets (in thousands):

Derivative Instruments – Foreign Exchange Derivative Contracts

As of September 30, 2014

As of December 31, 2013

Balance Sheet Location

Designated/ Not Designated

Fair Value

Fair Value

Current Assets

Designated

$

4,865

$

832

Not Designated

$

47

$

4

Current liabilities

Designated

$

987

$

904

Not Designated

$

172

$

5

Potential Effect of Netting Foreign Exchange Derivative Assets and Liabilities

'

The potential effect of netting foreign exchange derivative assets and liabilities under the counterparty master agreement was as follows (in thousands):

Gross Amount presented in the

Potential effect of rights of

Net amount of recognized

Condensed Consolidated Balance

set off

assets/liabilities

Sheet

As of September 30, 2014:

Foreign exchange derivative assets

$

4,912

$

1,053

$

3,859

Foreign exchange derivative liabilities

$

1,159

$

1,053

$

106

As of December 31, 2013:

Foreign exchange derivative assets

$

836

$

642

$

194

Foreign exchange derivative liabilities

$

909

$

642

$

267

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2014
Schedule of Assets and Liabilities Measured at Fair Value	'
	Investments and Foreign exchange derivative contracts, as disclosed in Note 9 and 11, which are measured at fair value are summarized below (in thousands):
				Fair Value measurement at reporting date using
	Description	As of September 30,		Quoted Prices in		Significant Other		Significant
		2014		Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs (Level 3)
				(Level 1)
	Assets
	Current Assets:
	Short term investments:
	a) Liquid mutual fund units	$	32,568	$	32,568	$	0	$	0
	b) Fixed deposits with banks		186		186		0		0
	Foreign exchange derivative contracts		4,912		0		4,912		0
	Total current assets	$	37,666	$	32,754	$	4,912	$	0
	Liabilities
	Current Liabilities:
	Foreign exchange derivative contracts	$	1,159	$	0	$	1,159	$	0
	Total current liabilities	$	1,159	$	0	$	1,159	$	0
				Fair Value measurement at reporting date using
	Description	As of December 31,		Quoted Prices in		Significant Other		Significant
		2013		Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs (Level 3)
				(Level 1)
	Assets
	Current Assets:
	Short term investments:
	a) Liquid mutual fund units	$	181,231	$	181,231	$	0	$	0
	b) Fixed deposits with banks		170		170		0		0
	Foreign exchange derivative contracts		836		0		836		0
	Total current assets	$	182,237	$	181,401	$	836	$	0
	Liabilities
	Current Liabilities:
	Foreign exchange derivative contracts	$	909	$	0	$	909	$	0
	Total current liabilities	$	909	$	0	$	909	$	0

Employee_Benefits_Tables

Employee Benefits (Tables) (Other Pension Plan, Defined Benefit)	9 Months Ended
	Sep. 30, 2014
Other Pension Plan, Defined Benefit	'
Defined Benefit Retirement Plan	'
	The following table sets forth the net periodic cost recognized by the Company in respect of the Plan (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net periodic plan cost
	Service cost	$	701		$	603		$	2,006		$	1,895
	Interest cost		326			300			975			976
	Expected return on plan asset		(233	)		(203	)		(696	)		(662	)
	Amortization of actuarial loss		(60	)		(4	)		(179	)		(9	)
	Net periodic plan cost for the period	$	734		$	696		$	2,106		$	2,200

Stockbased_compensation_Tables

Stock-based compensation (Tables)	9 Months Ended
	Sep. 30, 2014
Share-Based Compensation Expense Recorded in Income from Operations	'
	Stock-based compensation expense recorded in income from operations during the three and nine months ended September 30, 2014 and 2013 (in thousands) was as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Stock-based compensation recorded in:
	Cost of revenues	$	1,634	$	1,801	$	4,648	$	4,579
	Selling, general and administrative expense		2,973		2,077		7,775		5,664
		$	4,607	$	3,878	$	12,423	$	10,243

Other_Income_net_Tables

Other Income, net (Tables)	9 Months Ended
	Sep. 30, 2014
Components of Other Income, Net	'
	Components of other income for the three and nine months ended September 30, 2014 and 2013 (in thousands) were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Investment income	$	3,455	$	4,088	$	10,995	$	30,057
	Interest income		63		705		1,877		2,986
	Gain on sale of fixed assets		64		8		82		2,248
	Forfeiture of vested stock options		0		0		0		3,005
	Other		571		412		2,193		1,614
	Other income, net	$	4,153	$	5,213	$	15,147	$	39,910

Concentration_of_Revenues_Tabl

Concentration of Revenues (Tables)	9 Months Ended
	Sep. 30, 2014
Concentration of Revenues	'
	The following is a concentration of revenues greater than 10% by customer for the periods shown:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	General Electric Company		17	%		13	%		16	%		13	%
	Royal Bank of Canada		10	%		11	%		10	%		11	%

Guarantor_SubsidiariesSuppleme1

Guarantor Subsidiaries-Supplemental condensed consolidating financial information (Tables)	9 Months Ended
	Sep. 30, 2014
Schedule of Consolidated Balance Sheets	'
	CONDENSED CONSOLIDATED BALANCE SHEETS
	AS OF SEPTEMBER 30, 2014
	(UNAUDITED)
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	ASSETS
	Current assets:
	Cash and cash equivalents	$	0		$	37,521		$	92,683		$	0		$	130,204
	Restricted cash		0			0			0			0			0
	Short-term investments		0			0			32,754			0			32,754
	Accounts receivable, net		0			102,816			63,021			0			165,837
	Unbilled revenues		0			45,454			34,003			0			79,457
	Prepaid expenses and other current assets		1,034			6,047			36,543			0			43,624
	Prepaid income taxes		19,741			0			6,774			(13,267	)		13,248
	Deferred tax assets		0			3,134			741			0			3,875
	Foreign exchange derivative contracts		0			0			4,912			0			4,912
	Inter-corporate loan		0			0			0			0			0
	Receivable from related parties		0			2,360			3,594			0			5,954
	Receivable from group companies		47,984			122,409			133,798			(304,191	)		0
	Total current assets		68,759			319,741			408,823			(317,458	)		479,865
	Investment in subsidiaries		460,955			700,603			0			(1,161,558	)		0
	Inter-corporate loan		325,000			2,495			0			(327,495	)		0
	Deposits and other assets		3,815			1,283			15,195			0			20,293
	Prepaid income taxes		0			0			32,138			0			32,138
	Property and equipment, net		0			4,340			216,624			0			220,964
	Leasehold land		0			0			75,603			0			75,603
	Deferred tax assets		0			15,044			237			0			15,281
	Goodwill		0			1,026			438,149			0			439,175
	Intangible assets, net		0			78			111,320			0			111,398
	Total assets	$	858,529		$	1,044,610		$	1,298,089		$	(1,806,511	)	$	1,394,717
	LIABILITIES, PREFERRED STOCK AND SHAREHOLDERS’ EQUITY
	Current liabilities:
	Accounts payable	$	0		$	1,920		$	8,288		$	0		$	10,208
	Line of credit		0			0			52,000			0			52,000
	Senior Notes		0			0			0			0			0
	Term loans		0			0			0			0			0
	Accrued payroll and related costs		0			16,497			29,301			0			45,798
	Other accrued liabilities		7,711			21,322			37,065			0			66,098
	Accrued income taxes		0			13,267			3,861			(13,267	)		3,861
	Foreign exchange derivative contracts		0			0			1,159			0			1,159
	Deferred revenue		0			9,769			8,637			0			18,406
	Inter-corporate loan		0			0			0			0			0
	Payable to group companies		52,061			176,929			75,201			(304,191	)		0
	Total current liabilities		59,772			239,704			215,512			(317,458	)		197,530
	Other long-term liabilities		0			559			5,626			0			6,185
	Senior Notes		325,000			0			0			0			325,000
	Term loans		0			0			234,000			0			234,000
	Accrued income taxes		0			650			17,611			0			18,261
	Inter-corporate loan		0			325,000			2,495			(327,495	)		0
	Deferred tax liabilities		0			0			35,261			0			35,261
	Total liabilities		384,772			565,913			510,505			(644,953	)		816,237
	Series B Preferred stock		435,989			0			0			0			435,989
	IGATE Corporation shareholders’ equity:
	Common shares		600			330,000			53,452			(383,452	)		600
	Common shares held in treasury, at cost		(14,714	)		0			0			0			(14,714	)
	Additional paid-in capital		236,095			161,276			605,882			(778,106	)		225,147
	Retained earnings		(184,213	)		(12,675	)		512,060			0			315,172
	Accumulated other comprehensive loss		0			96			(387,540	)		0			(387,444	)
	Total IGATE Corporation shareholders’ equity		37,768			478,697			783,854			(1,161,558	)		138,761
	Non-controlling interest		0			0			3,730			0			3,730
	Total equity		37,768			478,697			787,584			(1,161,558	)		142,491
	Total liabilities, preferred stock and shareholders’ equity	$	858,529		$	1,044,610		$	1,298,089		$	(1,806,511	)	$	1,394,717
	CONDENSED CONSOLIDATED BALANCE SHEETS
	AS OF DECEMBER 31, 2013
	Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	0		$	82,497		$	122,339		$	0		$	204,836
Restricted cash		0			360,000			0			0			360,000
Short-term investments		0			0			181,401			0			181,401
Accounts receivable, net		0			87,110			70,795			0			157,905
Unbilled revenues		0			29,309			32,115			0			61,424
Prepaid expenses and other current assets		11,997			3,693			28,802			0			44,492
Prepaid income taxes		0			797			41			0			838
Deferred tax assets		0			3,163			7,072			0			10,235
Foreign exchange derivative contracts		0			0			836			0			836
Inter-corporate loan		360,000			0			0			(360,000	)		0
Receivable from related parties		0			1,618			2,428			0			4,046
Receivable from group companies		21,332			0			24,952			(46,284	)		0
Total current assets		393,329			568,187			470,781			(406,284	)		1,026,013
Investment in subsidiaries		460,955			545,412			0			(1,006,367	)		0
Inter-corporate loan		410,000			2,476			0			(412,476	)		0
Deposits and other assets		5,596			1,084			18,250			0			24,930
Prepaid income taxes		0			0			32,160			0			32,160
Property and equipment, net		0			2,291			163,290			0			165,581
Leasehold land		0			0			76,732			0			76,732
Deferred tax assets		0			15,054			99			0			15,153
Goodwill		0			1,026			437,865			0			438,891
Intangible assets, net		0			130			119,132			0			119,262
Total assets	$	1,269,880		$	1,135,660		$	1,318,309		$	(1,825,127	)	$	1,898,722
LIABILITIES, PREFERRED STOCK AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	0		$	1,834		$	7,434		$	0		$	9,268
Line of credit		0			0			52,000			0			52,000
Senior Notes		360,000			0			0			0			360,000
Term loans		0			0			90,000			0			90,000
Accrued payroll and related costs		0			19,086			38,007			0			57,093
Other accrued liabilities		11,550			24,012			44,223			0			79,785
Accrued income taxes		0			0			5,802			0			5,802
Foreign exchange derivative contracts		0			0			909			0			909
Deferred revenue		0			8,917			8,859			0			17,776
Inter-corporate loan		0			360,000			0			(360,000	)		0
Payable to group companies		0			26,446			19,838			(46,284	)		0
Total current liabilities		371,550			440,295			267,072			(406,284	)		672,633
Other long-term liabilities		0			165			3,367			0			3,532
Senior Notes		410,000			0			0			0			410,000
Term loans		0			0			270,000			0			270,000
Accrued income taxes		0			650			13,286			0			13,936
Inter-corporate loan		0			410,000			2,476			(412,476	)		0
Deferred tax liabilities		0			0			41,717			0			41,717
Total liabilities		781,550			851,110			597,918			(818,760	)		1,411,818
Series B Preferred stock		410,371			0			0			0			410,371
IGATE Corporation shareholders’ equity:
Common shares		594			330,000			53,451			(383,451	)		594
Common shares held in treasury, at cost		(14,714	)		0			0			0			(14,714	)
Additional paid-in capital		216,107			6,209			604,743			(622,916	)		204,143
Retained earnings		(124,028	)		(51,755	)		444,533			0			268,750
Accumulated other comprehensive loss		0			96			(387,211	)		0			(387,115	)
Total IGATE Corporation shareholders’ equity		77,959			284,550			715,516			(1,006,367	)		71,658
Non-controlling interest		0			0			4,875			0			4,875
Total equity		77,959			284,550			720,391			(1,006,367	)		76,533
Total liabilities, preferred stock and shareholders’ equity	$	1,269,880		$	1,135,660		$	1,318,309		$	(1,825,127	)	$	1,898,722
Schedule of Consolidated Statements of Income	'
	CONDENSED CONSOLIDATED STATEMENTS OF INCOME
	FOR THREE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	Revenues	$	0		$	211,545		$	185,522		$	(74,293	)	$	322,774
	Cost of revenues (exclusive of depreciation and amortization)		0			158,386			124,708			(74,293	)		208,801
	Gross margin		0			53,159			60,814			0			113,973
	Selling, general and administrative expense		0			20,350			29,584			0			49,934
	Depreciation and amortization		0			414			8,970			0			9,384
	Income from operations		0			32,395			22,260			0			54,655
	Interest expense		(4,110	)		(3,061	)		(4,186	)		3,865			(7,492	)
	Foreign exchange gain (loss), net		0			(92	)		3,261			0			3,169
	Loss on extinguishment of debt		0			0			0			0			0
	Other income (expense), net		3,859			(743	)		4,902			(3,865	)		4,153
	Income before income taxes		(251	)		28,499			26,237			0			54,485
	Income tax expense (benefit)		0			11,774			5,314			0			17,088
	Net income (loss)		(251	)		16,725			20,923			0			37,397
	Non-controlling interest		0			0			89			0			89
	Net income (loss) attributable to IGATE Corporation		(251	)		16,725			20,834			0			37,308
	Accretion to preferred stock		152			0			0			0			152
	Preferred dividend		8,653			0			0			0			8,653
	Net income (loss) attributable to IGATE common shareholders	$	(9,056	)	$	16,725		$	20,834		$	0		$	28,503
	CONDENSED CONSOLIDATED STATEMENTS OF INCOME
	FOR THREE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	Revenues	$	0		$	171,855		$	183,130		$	(61,579	)	$	293,406
	Cost of revenues (exclusive of depreciation and amortization)		0			121,685			111,957			(61,579	)		172,063
	Gross margin		0			50,170			71,173			0			121,343
	Selling, general and administrative expense		0			18,151			28,711			0			46,862
	Depreciation and amortization		0			295			8,144			0			8,439
	Income from operations		0			31,724			34,318			0			66,042
	Interest expense		(18,950	)		(18,307	)		(324	)		17,325			(20,256	)
	Foreign exchange gain (loss), net		0			(109	)		(4,263	)		0			(4,372	)
	Loss on extinguishment of debt		0			0			0			0			0
	Other income (expense), net		17,325			239			4,974			(17,325	)		5,213
	Income before income taxes		(1,625	)		13,547			34,705			0			46,627
	Income tax expense (benefit)		0			5,842			8,792			0			14,634
	Net income (loss)		(1,625	)		7,705			25,913			0			31,993
	Non-controlling interest		0			0			97			0			97
	Net income (loss) attributable to IGATE Corporation		(1,625	)		7,705			25,816			0			31,896
	Accretion to preferred stock		126			0			0			0			126
	Preferred dividend		7,994			0			0			0			7,994
	Net income (loss) attributable to IGATE common shareholders	$	(9,745	)	$	7,705		$	25,816		$	0		$	23,776
	CONDENSED CONSOLIDATED STATEMENTS OF INCOME
	FOR NINE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	Revenues	$	0		$	594,494		$	553,176		$	(210,945	)	$	936,725
	Cost of revenues (exclusive of depreciation and amortization)		0			445,229			361,030			(210,945	)		595,314
	Gross margin		0			149,265			192,146			0			341,411
	Selling, general and administrative expense		0			52,550			87,553			0			140,103
	Depreciation and amortization		0			1,195			26,465			0			27,660
	Income from operations		0			95,520			78,128			0			173,648
	Interest expense		(31,592	)		(29,172	)		(11,615	)		29,062			(43,317	)
	Foreign exchange gain (loss), net		0			(157	)		6,247			0			6,090
	Loss on extinguishment of debt		(51,760	)		0			0			0			(51,760	)
	Other income (expense), net		29,044			1,667			13,498			(29,062	)		15,147
	Income before income taxes		(54,308	)		67,858			86,258			0			99,808
	Income tax expense (benefit)		(19,741	)		28,778			18,449			0			27,486
	Net income (loss)		(34,567	)		39,080			67,809			0			72,322
	Non-controlling interest		0			0			282			0			282
	Net income (loss) attributable to IGATE Corporation		(34,567	)		39,080			67,527			0			72,040
	Accretion to preferred stock		436			0			0			0			436
	Preferred dividend		25,182			0			0			0			25,182
	Net income (loss) attributable to IGATE common shareholders	$	(60,185	)	$	39,080		$	67,527		$	0		$	46,422
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR NINE MONTHS ENDED SEPTEMBER 30, 2013
	Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenues	$	0		$	499,954		$	542,746		$	(191,108	)	$	851,592
Cost of revenues (exclusive of depreciation and amortization)		0			366,782			342,399			(191,108	)		518,073
Gross margin		0			133,172			200,347			0			333,519
Selling, general and administrative expense		0			50,291			88,713			0			139,004
Depreciation and amortization		0			929			25,376			0			26,305
Income from operations		0			81,952			86,258			0			168,210
Interest expense		(56,705	)		(54,649	)		(7,646	)		51,975			(67,025	)
Foreign exchange gain (loss), net		0			(298	)		390			0			92
Loss on extinguishment of debt		0			0			0			0			0
Other income (expense), net		51,975			3,144			36,766			(51,975	)		39,910
Income before income taxes		(4,730	)		30,149			115,768			0			141,187
Income tax expense (benefit)		0			9,455			35,006			0			44,461
Net income (loss)		(4,730	)		20,694			80,762			0			96,726
Non-controlling interest		0			0			97			0			97
Net income (loss) attributable to IGATE Corporation		(4,730	)		20,694			80,665			0			96,629
Accretion to preferred stock		361			0			0			0			361
Preferred dividend		23,246			0			0			0			23,246
Net income (loss) attributable to IGATE common shareholders	$	(28,337	)	$	20,694		$	80,665		$	0		$	73,022
Schedule of Consolidated Statements of Comprehensive Income	'
	CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
	FOR THREE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	Net Income (loss) attributable to IGATE common shareholders	$	(9,056	)	$	16,725		$	20,834		$	0		$	28,503
	Add: Non-controlling interest		0			0			89			0			89
	Other comprehensive income:
	Change in fair value on marketable securities		0			0			(1,161	)		0			(1,161	)
	Unrecognized actuarial gain (loss) on pension liability		0			0			132			0			132
	Change in fair value of cash flow hedges		0			0			(861	)		0			(861	)
	Gain (loss) on foreign currency translation		0			0			(28,290	)		0			(28,290	)
	Total comprehensive income (loss)		(9,056	)		16,725			(9,257	)		0			(1,588	)
	Less: Total comprehensive income (loss) attributable to non-controlling interest		0			0			(129	)		0			(129	)
	Total comprehensive income (loss) attributable to IGATE common shareholders	$	(9,056	)	$	16,725		$	(9,128	)	$	0		$	(1,459	)
	CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
	FOR THREE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-Guarantors			Eliminations			Consolidated
	Net Income (loss) attributable to IGATE common shareholders	$	(9,745	)	$	7,705		$	25,816		$	0		$	23,776
	Add: Non-controlling interest		0			0			97			0			97
	Other comprehensive income:
	Change in fair value on marketable securities		0			0			(336	)		0			(336	)
	Unrecognized actuarial gain (loss) on pension liability		0			0			293			0			293
	Change in fair value of cash flow hedges		0			0			(1,482	)		0			(1,482	)
	Gain (loss) on foreign currency translation		0			0			(48,269	)		0			(48,269	)
	Total comprehensive income (loss)		(9,745	)		7,705			(23,881	)		0			(25,921	)
	Less: Total comprehensive income (loss) attributable to non-controlling interest		0			0			(1,890	)		0			(1,890	)
	Total comprehensive income (loss) attributable to IGATE common shareholders	$	(9,745	)	$	7,705		$	(21,991	)	$	0		$	(24,031	)
	CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
	FOR NINE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
	Net Income (loss) attributable to IGATE common shareholders	$	(60,185	)	$	39,080		$	67,527		$	0		$	46,422
	Add: Non-controlling interest		0			0			282			0			282
	Other comprehensive income:
	Change in fair value on marketable securities		0			0			(1,478	)		0			(1,478	)
	Unrecognized actuarial gain (loss) on pension liability		0			0			118			0			118
	Change in fair value of cash flow hedges		0			0			2,608			0			2,608
	Gain (loss) on foreign currency translation		0			0			(1,649	)		0			(1,649	)
	Total comprehensive income (loss)		(60,185	)		39,080			67,408			0			46,303
	Less: Total comprehensive income (loss) attributable to non-controlling interest		0			0			210			0			210
	Total comprehensive income (loss) attributable to IGATE common shareholders	$	(60,185	)	$	39,080		$	67,198		$	0		$	46,093
	CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
	FOR NINE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
	Net Income (loss) attributable to IGATE common shareholders	$	(28,337	)	$	20,694		$	80,665		$	0		$	73,022
	Add: Non-controlling interest		0			0			97			0			97
	Other comprehensive income:
	Change in fair value on marketable securities		0			0			(7,086	)		0			(7,086	)
	Unrecognized actuarial gain (loss) on pension liability		0			0			863			0			863
	Change in fair value of cash flow hedges		0			0			(5,417	)		0			(5,417	)
	Gain (loss) on foreign currency translation		0			0			(120,276	)		0			(120,276	)
	Total comprehensive income (loss)		(28,337	)		20,694			(51,154	)		0			(58,797	)
	Less: Total comprehensive income (loss) attributable to non-controlling interest		0			0			(1,890	)		0			(1,890	)
	Total comprehensive income (loss) attributable to IGATE common shareholders	$	(28,337	)	$	20,694		$	(49,264	)	$	0		$	(56,907	)
Schedule of Consolidated Statement of Cash Flows	'
	CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
	FOR NINE MONTHS ENDED SEPTEMBER 30, 2014
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
	Cash Flows From Operating Activities:
	Net income (loss)	$	(34,567	)	$	39,080		$	67,809		$	0		$	72,322
	Adjustments to reconcile net income to cash provided by operating activities:
	Depreciation and amortization		0			1,195			26,465			0			27,660
	Stock-based compensation		0			4,715			7,708			0			12,423
	Realized gain on investments		0			0			(10,995	)		0			(10,995	)
	Deferred loss on settled derivatives		0			0			0			0			0
	Provision (recovery) for doubtful debts		0			(1,013	)		462			0			(551	)
	Deferred income taxes		0			39			(380	)		0			(341	)
	Loss on extinguishment of debt		51,760			0			0			0			51,760
	Amortization of debt issuance costs		2,548			0			1,858			0			4,406
	Gain on sale of property and equipment		0			(26	)		(56	)		0			(82	)
	Deferred rent		0			320			626			0			946
	Excess tax benefits related to stock option exercises		0			(3,101	)		0			0			(3,101	)
	Changes in operating assets and liabilities:
	Accounts receivable and unbilled revenues		0			(31,579	)		1,624			0			(29,955	)
	Inter-corporate current account		25,412			28,053			(53,465	)		0			0
	Prepaid expenses and other assets		0			(2,551	)		(6,724	)		0			(9,275	)
	Accounts payable		0			86			(416	)		0			(330	)
	Accrued and other liabilities		(23,616	)		12,163			(19,794	)		0			(31,247	)
	Deferred revenue		0			853			51			0			904
	Net cash flows provided by (used in) operating activities		21,537			48,234			14,773			0			84,544
	Cash Flows From Investing Activities:
	Purchase of property and equipment		0			(3,371	)		(67,499	)		0			(70,870	)
	Proceeds from sale of property and equipment		0			0			257			0			257
	Purchase of available-for-sale investments		0			0			(421,377	)		0			(421,377	)
	Proceeds from maturities and sale of available-for-sale investments		0			0			581,196			0			581,196
	Restricted cash		0			0			0			0			0
	Inter-corporate loan		445,000			0			(365	)		(444,635	)		0
	Investment in group companies		0			(123	)		0			123			0
	Purchase of non-controlling interests		0			0			(328	)		0			(328	)
	Net cash flows provided by (used in) investing activities		445,000			(3,494	)		91,884			(444,512	)		88,878
	Cash Flows From Financing Activities:
	Payments on capital lease obligations		0			0			(366	)		0			(366	)
	Payments of line of credit and term loans		0			0			(126,000	)		0			(126,000	)
	Proceeds from line of credit and term loans		0			0			0			0			0
	Payment of Senior Notes		(770,000	)		0			0			0			(770,000	)
	Proceeds from Senior Notes		325,000			0			0			0			325,000
	Payment of debt related costs		(41,530	)		0			0			0			(41,530	)
	Release of restricted cash towards debt retirement		0			360,000			0			0			360,000
	Proceeds from issuance of equity stock		0			0			123			(123	)		0
	Proceeds from exercise of stock options		16,892			(4,716	)		(7,718	)		0			4,458
	Excess tax benefits related to stock option exercises		3,101			0			0			0			3,101
	Inter-corporate loan		0			(445,000	)		365			444,635			0
	Proceeds from equity issue to group companies		0			0			0			0			0
	Net cash flows provided by (used in) financing activities		(466,537	)		(89,716	)		(133,596	)		444,512			(245,337	)
	Effect of exchange rate changes		0			0			(2,717	)		0			(2,717	)
	Net change in cash and cash equivalents		0			(44,976	)		(29,656	)		0			(74,632	)
	Cash and cash equivalents, beginning of period		0			82,497			122,339			0			204,836
	Cash and cash equivalents, end of period	$	0		$	37,521		$	92,683			0		$	130,204
	CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
	FOR NINE MONTHS ENDED SEPTEMBER 30, 2013
		Issuer			Guarantors			Non-			Eliminations			Consolidated
								Guarantors
	Cash Flows From Operating Activities:
	Net income (loss)	$	(4,730	)	$	20,694		$	80,762		$	0		$	96,726
	Adjustments to reconcile net income to cash provided by operating activities:
	Depreciation and amortization		0			929			25,376			0			26,305
	Stock-based compensation		0			208			7,030			0			7,238
Realized gain on investments		0			0			(30,057	)		0			(30,057	)
Deferred gain (loss) on settled derivatives		0			0			(1,066	)		0			(1,066	)
Provision (recovery) for doubtful debts		0			362			(208	)		0			154
Deferred income taxes		0			277			(744	)		0			(467	)
Loss on extinguishment of debt		0			0			0			0			0
Amortization of debt issuance costs		4,730			460			4,019			0			9,209
Gain on sale of property and equipment		0			0			(2,248	)		0			(2,248	)
Deferred rent		0			104			94			0			198
Excess tax benefits related to stock option exercises		0			(463	)		0			0			(463	)
Changes in operating assets and liabilities:
Accounts receivable and unbilled revenues		0			12,509			(16,673	)		0			(4,164	)
Inter-corporate current account		(28,259	)		7,539			20,720			0			0
Prepaid expenses and other assets		17,325			(1,528	)		(26,186	)		0			(10,389	)
Accounts payable		0			(1,945	)		2,403			0			458
Accrued and other liabilities		0			3,073			36,197			0			39,270
Deferred revenue		0			(276	)		(2,135	)		0			(2,411	)
Net cash flows (used in) provided by operating activities		(10,934	)		41,943			97,284			0			128,293
Cash Flows From Investing Activities:
Purchase of property and equipment		0			(921	)		(23,309	)		0			(24,230	)
Proceeds from sale of property and equipment		0			0			2,574			0			2,574
Purchase of available-for-sale investments		0			0			(1,188,835	)		0			(1,188,835	)
Proceeds from maturities and sale of available-for-sale investments		0			0			1,372,990			0			1,372,990
Restricted cash		0			0			3,072			0			3,072
Inter-corporate Loan		0			0			0			0			0
Investment in group companies		0			(255	)		0			255			0
Purchase of non-controlling interests		0			0			(23,651	)		0			(23,651	)
Net cash flows provided by (used in) investing activities		0			(1,176	)		142,841			255			141,920
Cash Flows From Financing Activities:
Payments on capital lease obligations		0			0			(450	)		0			(450	)
Payment of line of credit and term loans		0			(47,500	)		(239,500	)		0			(287,000	)
Proceeds from line of credit and term loans		0			30,000			11,000			0			41,000
Payment of debt related costs		0			0			(2,394	)		0			(2,394	)
Payment of Senior Notes		0			0			0			0			0
Proceeds from Senior Notes		0			0			0			0			0
Release of restricted cash towards debt retirement		0			0			0			0			0
Proceeds from issuance of equity stock		0			0			0			0			0
Proceeds from exercise of stock options		10,471			(209	)		(6,637	)		0			3,625
Excess tax benefits related to stock option exercises		463			0			0			0			463
Inter-corporate loan		0			0			0			0			0
Proceeds from equity issue to group companies		0			0			255			(255	)		0
Net cash flows provided by (used in) financing activities		10,934			(17,709	)		(237,726	)		(255	)		(244,756	)
Effect of exchange rate changes		0			0			21,367			0			21,367
Net change in cash and cash equivalents		0			23,058			23,766			0			46,824
Cash and cash equivalents, beginning of period		0			14,365			80,790			0			95,155
Cash and cash equivalents, end of period	$	0		$	37,423		$	104,556		$	0		$	141,979

Changes_in_Carrying_Value_of_G

Changes in Carrying Value of Goodwill (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Goodwill [Line Items]	'
Goodwill beginning balance	$438,891
Foreign currency translation effect	284
Goodwill ending balance	$439,175

Changes_in_Carrying_Value_of_I

Changes in Carrying Value of Intangible Assets (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Finite-Lived Intangible Assets [Line Items]	'
Intangible assets beginning balance	$119,262
Foreign currency translation effect	132
Amortization	-7,996
Intangible assets ending balance	$111,398

Intangible_Assets_Detail

Intangible Assets (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Intangible assets, net	$111,398	$119,262
Customer Relationships	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Intangible assets, net	189,844	'
Intellectual Property Rights	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Intangible assets, net	9,400	'
Foreign Currency Translation Adjustments	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Intangible assets, net	-49,017	'
Accumulated Amortization	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Intangible assets, net	($38,829)	'

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended				9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
					Intellectual Property Rights	Intellectual Property Rights	Customer Relationships	Customer Relationships
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'	'	'
Accumulated amortization expense	$7,996,000	'	$7,996,000	'	$5,300,000	$4,100,000	$33,500,000	$26,700,000
Weighted average period of amortization	'	'	'11 years 3 months 18 days	'	'2 years 8 months 12 days	'	'	'
Estimated useful life of intangible assets	'	'	'	'	'	'	'11 years 7 months 6 days	'
Identifiable intangible assets amortization	$2,700,000	$2,500,000	$8,000,000	$7,900,000	'	'	'	'

Intangible_Asset_Future_Estima

Intangible Asset Future Estimated Annual Amortization (Detail) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'
Remainder of 2014	$2,654
2015	10,938
2016	11,308
2017	10,891
2018	$10,070

Series_B_Preferred_Stock_Addit

Series B Preferred Stock - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended			0 Months Ended	4 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Jan. 10, 2011	9-May-11	Sep. 30, 2014	Sep. 30, 2013	Feb. 01, 2011	Jan. 10, 2011
						Series B Preferred Stock	Series B Preferred Stock	Series B Preferred Stock	Series B Preferred Stock	Series B Preferred Stock	Series B Preferred Stock
Temporary Equity [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Convertible Preferred Stock shares authorized	480,000	'	480,000	'	480,000	'	'	'	'	'	480,000
Cumulative preferred dividend percentage	'	'	'	'	'	8.00%	'	'	'	'	'
Convertible Preferred Stock shares issued	330,000	'	330,000	'	330,000	'	120,000	'	'	210,000	'
Consideration of convertible preferred stock shares issued	'	'	'	'	'	'	$330,000,000	'	'	'	'
Preferred Stock shares authorized aggregate purchase price	'	'	'	'	'	'	'	'	'	'	480,000,000
Conversion price per share	'	'	'	'	'	'	'	'	'	'	$20.30
Percentage of volume weighted average price with respect to conversion price	'	'	'	'	'	205.00%	'	'	'	'	'
Conversion period	'	'	'	'	'	'18 months	'	'	'	'	'
Issuance cost accretion period	'	'	'	'	'	'	'	'6 years	'	'	'
Issuance cost incurred, net	'	'	'	'	'	'	3,400,000	'	'	'	'
Amount accreted issuance cost	152,000	126,000	436,000	361,000	'	'	'	'	'	'	'
Remaining unamortized issuance costs	'	'	'	'	'	'	'	1,800,000	2,300,000	'	'
Preferred dividend	$8,653,000	$7,994,000	$25,182,000	$23,246,000	'	'	'	'	'	'	'
Number Of Convertible Preferred Stock Shares For Conversion Into Common Stock	'	'	'	'	'	'	'	21,600,000	19,900,000	'	'

Line_of_Credit_Additional_Info

Line of Credit - Additional Information (Detail) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Jul. 03, 2014

Feb. 21, 2011

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Feb. 21, 2011

10-May-11

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2014

10-May-11

Unsecured revolving working credit facility

Unsecured revolving working credit facility

Unsecured revolving working credit facility

Unsecured revolving working credit facility

Unsecured revolving working credit facility

Unsecured revolving working credit facility

Unsecured revolving working credit facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Net borrowing

'

'

'

'

'

'

$70

'

'

'

'

$50

Interest rate

'LIBOR plus 50 basis points

'LIBOR plus 195 basis points

'

'

'

'

'

'LIBOR plus 280 basis points

'

'

'

'

Basis Points

0.50%

1.95%

'

'

'

'

'

2.80%

'

'

'

'

Amount outstanding under Credit facility

'

'

52

'

52

'

'

'

'

'

'

'

Weighted average interest rate

'

'

0.73%

'

0.73%

'

'

'

'

'

'

'

Interest expense

'

'

0.1

0.2

0.5

0.6

'

'

0.3

0.6

'

'

Maturity date of revolving credit facility

'

'

'

'

'

'

'

10-May-16

'

'

'

'

Unused revolving credit facility

'

'

'

'

'

'

'

'

'

'

$50

'

Term_Loans_Additional_Informat

Term Loans - Additional Information (Detail) (USD $)

Sep. 30, 2014

Dec. 31, 2013

Nov. 22, 2013

Sep. 30, 2014

Sep. 30, 2014

Nov. 22, 2013

Nov. 22, 2013

Sep. 30, 2014

Nov. 22, 2013

Nov. 22, 2013

Sep. 30, 2014

Nov. 22, 2013

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Tranche

Tranche One

Tranche One

Tranche One

Tranche Two

Tranche Two

Tranche Two

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Company's ownership of subsidiary

'

'

'

'

'

100.00%

'

'

'

'

'

'

Borrowed loan amount

$234,000,000

$270,000,000

'

'

'

$360,000,000

'

'

$270,000,000

'

'

$90,000,000

Number of loan tranches

'

'

'

'

'

2

'

'

'

'

'

'

Bank loan period

'

'

'

'

'

'

'60 months

'

'

'9 months

'

'

Utilization date of term loan

'

'

'

'

'

'

25-Nov-13

'

'

25-Nov-13

'

'

Interest rate

'

'

'

'

'

'

'LIBOR plus 325 basis points

'

'

'LIBOR plus 200 basis points

'

'

Basis Points

'

'

'

'

'

'

3.25%

'

'

2.00%

'

'

Payment of debt

'

'

'

'

'

'

'

36,000,000

'

'

90,000,000

'

Interest expense

'

'

'

2,400,000

8,000,000

'

'

'

'

'

'

'

Debt issuance cost

'

'

8,900,000

'

'

'

'

'

'

'

'

'

Amortized debt issuance cost

'

'

'

600,000

1,900,000

'

'

'

'

'

'

'

Repayment date of portion of senior notes

'

'

'2014-04

'

'

'

'

'

'

'

'

'

Percentage of equity investment pledged

'

'

'

'

'

65.00%

'

'

'

'

'

'

Equity investment pledged

'

'

'

'

'

$391,700,000

'

'

'

'

'

'

Senior_Notes_Additional_Inform

Senior Notes - Additional Information (Detail) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 19, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Apr. 02, 2014

Apr. 02, 2014

Apr. 22, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Apr. 22, 2014

Sep. 30, 2014

Sep. 30, 2014

Senior Notes Due 2019

Senior Notes Due 2019

9.0% Senior Notes

9.0% Senior Notes

9.0% Senior Notes

9.0% Senior Notes

9.0% Senior Notes

9.0% Senior Notes

Senior Notes

Senior Notes

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Senior notes, interest rate

'

'

'

'

'

'

4.75%

'

'

'

'

'

9.00%

'

'

Senior Notes

'

'

'

'

'

'

$325,000,000

'

'

'

'

'

'

'

'

Senior notes, due date

'

'

'

'

'

15-Apr-19

'

'

'

'

'

'

'

'

'

Company owned domestic subsidiary

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

Senior notes, early redemption period reference date

'

'

'

'

'

15-Apr-16

'

'

'

'

'

'

'

'

'

Senior notes, early redemption percentage

'

'

'

'

'

'

40.00%

'

'

'

'

'

'

'

'

Senior notes, early redemption price, with proceeds from certain equity offerings

'

'

'

'

'

104.75%

'

'

'

'

'

'

'

'

'

Senior notes, redemption price, upon the occurrence of a change of control triggering event

'

'

'

'

'

101.00%

'

'

'

'

'

'

'

'

'

Exchange offer expiration date

17-Oct-14

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortizable senior notes issuance costs

'

'

'

'

'

'

'

'

'

'

'

'

15,500,000

5,200,000

5,200,000

Balance of senior notes issuance costs accounted as prepaid expenses and other current assets

'

'

'

'

'

'

'

'

'

'

'

'

'

1,000,000

1,000,000

Balance of senior notes issuance costs accounted as deposits and other assets

'

'

'

'

'

'

'

'

'

'

'

'

'

4,200,000

4,200,000

Period of amortization of debt issuance costs

'

'

'

'

'

'4 years 6 months

'

'

'

'

'

'

'

'

'

Amortization of debt issuance costs

'

'

'

'

'

'

'

'

'

'

'

'

'

200,000

400,000

Interest expense

'

'

'

'

'

'

'

'

0

18,900,000

23,500,000

56,700,000

'

4,100,000

8,100,000

Redemption of senior notes

'

'

'

'

'

'

'

770,000,000

'

'

'

'

'

'

'

Redemption premium

'

'

'

'

'

'

'

36,300,000

'

'

'

'

'

'

'

Loss on extinguishment of debt

'

$0

$0

($51,760,000)

$0

'

'

($51,800,000)

'

'

'

'

'

'

'

Percentage_of_Principal_Amount

Percentage of Principal Amount Accrued and Unpaid Interest (Detail)	9 Months Ended
	Sep. 30, 2014
Debt Instrument [Line Items]	'
On or after April 15, 2016	102.38%
On or after April 15, 2017	101.19%
On or after April 15, 2018 and thereafter	100.00%

Income_Tax_Additional_Informat

Income Tax - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Income Taxes [Line Items]	'	'	'	'	'
Company's reported effective tax rate, including discrete items	31.40%	31.40%	27.50%	31.50%	'
U.S. statutory tax rate	'	'	35.00%	'	'
Percentage of SEZ tax benefit for the initial five consecutive assessment years	'	'	100.00%	'	'
Initial Tax holiday available on SEZ	'	'	'5 years	'	'
Percentage of SEZ tax benefit for subsequent ten consecutive assessment years	50.00%	'	50.00%	'	'
Unrecognized tax benefits, excluding related interest and penalties	$20.60	'	$20.60	'	$16.60
Interest related to uncertain tax position	'	'	1.2	0.3	'
Total amount of accrued interest	1.8	'	1.8	'	'
Net unrecognized tax benefits arising out of tax positions	18.1	'	18.1	'	'
Decrease in amount of unrecognized tax benefits during the next 12 months	'	'	6.1	'	'
Special Economic Zone In India	'	'	'	'	'
Income Taxes [Line Items]	'	'	'	'	'
Income tax benefit	$2.60	1.3	$6.80	$5.80	'
Special Economic Zone In India | Minimum	'	'	'	'	'
Income Taxes [Line Items]	'	'	'	'	'
Tax relief holiday expiration period	'	'	'March 2023	'	'
Special Economic Zone In India | Maximum	'	'	'	'	'
Income Taxes [Line Items]	'	'	'	'	'
Tax relief holiday expiration period	'	'	'March 2029	'	'

Earnings_Per_Share_for_Common_

Earnings Per Share for Common Stock Unvested Restricted Stock and Series B Preferred Stock Under Two Class Method (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]	'	'	'	'
Net income attributable to IGATE common shareholders	$28,503	$23,776	$46,422	$73,022
Add: Dividend on Series B Preferred Stock	8,653	7,994	25,182	23,246
Net income attributable to IGATE Corporation shareholders	37,156	31,770	71,604	96,268
Less: Dividends on Series B Preferred Stock	8,653	7,994	25,182	23,246
Undistributed Income	28,503	23,776	46,422	73,022
Allocation of Undistributed Income :	'	'	'	'
Common stock	20,876	17,716	34,001	54,411
Unvested restricted stock	0	7	0	21
Series B Preferred Stock	7,627	6,053	12,421	18,590
Undistributed Income	$28,503	$23,776	$46,422	$73,022
Shares outstanding for allocation of undistributed income:	'	'	'	'
Common stock	59,029	58,311	59,029	58,311
Unvested restricted stock	0	23	0	23
Series B Preferred Stock	21,565	19,923	21,565	19,923
Shares outstanding for allocation of undistributed income	80,594	78,257	80,594	78,257
Weighted average shares outstanding:	'	'	'	'
Common stock	58,962	58,148	58,829	57,895
Unvested restricted stock	0	23	0	23
Series B Preferred Stock	21,565	19,923	21,565	19,923
Weighted average shares outstanding Basic, Total	80,527	78,094	80,394	77,841
Weighted average common stock outstanding	58,962	58,148	58,829	57,895
Dilutive effect of stock options and restricted shares outstanding	1,905	1,688	1,880	1,669
Dilutive weighted average shares outstanding	60,867	59,836	60,709	59,564
Distributed earnings per share:	'	'	'	'
Series B Preferred Stock	$0.40	$0.40	$1.17	$1.17
Undistributed earnings per share:	'	'	'	'
Common stock	$0.35	$0.30	$0.58	$0.94
Unvested restricted stock	$0	$0.30	$0	$0.93
Series B Preferred Stock	$0.35	$0.30	$0.58	$0.93
Basic earnings per share from operations:	'	'	'	'
Common Stock	$0.35	$0.30	$0.58	$0.94
Unvested restricted stock	$0	$0.30	$0	$0.93
Series B Preferred Stock	$0.75	$0.70	$1.75	$2.10
Diluted earnings per share from operations	$0.34	$0.30	$0.56	$0.91

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Series B Preferred Stock	'	'	'	'
Earnings Per Share [Line Items]	'	'	'	'
Number of units excluded from computation of diluted earnings per share	21.6	19.9	21.6	19.9
Stock Options	'	'	'	'
Earnings Per Share [Line Items]	'	'	'	'
Number of units excluded from computation of diluted earnings per share	0.5	0.2	0.2	0.8

Short_Term_Investments_Detail

Short Term Investments (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Carrying Value	$32,648	$179,056
Unrealized Gain	106	2,345
Fair Value	32,754	181,401
Liquid mutual funds	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Carrying Value	32,462	178,886
Unrealized Gain	106	2,345
Fair Value	32,568	181,231
Fixed Deposits with Banks	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Carrying Value	186	170
Unrealized Gain	0	0
Fair Value	$186	$170

Contractual_Maturities_of_Shor

Contractual Maturities of Short-Term and Other Investments (Detail) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'
Due within one year	$32,754

Realized_Gains_and_Proceeds_on

Realized Gains and Proceeds on Sale of Available for Sale Securities (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'
Gross realized gains	$3,455	$4,088	$10,995	$30,057
Sale proceeds	$206,792	$118,783	$581,196	$1,372,990

Changes_in_Unrealized_Gain_Net

Changes in Unrealized Gain, Net, on Marketable Securities Carrying Value (Detail) (Unrealized gain on marketable securities, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Unrealized gain on marketable securities	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Unrealized gain on marketable securities at the beginning of the period	$1,865	$1,986	$2,345	$11,711
Reclassification of gain into earnings on maturity	-3,455	-4,088	-10,995	-30,057
Net unrealized gain due to changes in the fair value	1,696	3,386	8,756	19,630
Unrealized gain on marketable securities at the end of the period	$106	$1,284	$106	$1,284

Changes_in_Balances_of_Accumul

Changes in Balances of Accumulated Other Comprehensive Income (Loss) by Component (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified			Unrealized gain on marketable securities	Unrealized gain on marketable securities	Unrealized gain on marketable securities	Unrealized gain on marketable securities	Unrealized gain (loss) on cash flow hedges	Unrealized gain (loss) on cash flow hedges	Unrealized gain (loss) on cash flow hedges	Unrealized gain (loss) on cash flow hedges	Actuarial gain (loss) relating to defined benefit plan	Actuarial gain (loss) relating to defined benefit plan	Actuarial gain (loss) relating to defined benefit plan	Actuarial gain (loss) relating to defined benefit plan	Foreign Currency Translation	Foreign Currency Translation	Foreign Currency Translation	Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Beginning balance attributable to IGATE common shareholders, Net of Tax Amount	($387,444)	($387,115)	$1,228	$1,525	$1,542	$8,275	$3,404	($3,490)	($48)	$445	$1,065	$447	$1,079	($123)	($363,179)	($355,187)	($389,688)	($283,180)
Amount of gain (loss) recognized in other comprehensive income	'	'	1,120	2,687	5,780	14,310	1,362	-5,656	6,862	-7,789	172	294	236	869	-28,290	-48,269	-1,649	-120,276
Amounts of (gain) loss reclassified from accumulated other comprehensive income	'	'	-2,281	-3,023	-7,258	-21,396	-2,223	4,174	-4,254	2,372	-40	-1	-118	-6	0	0	0	0
Portion attributable to non-controlling interests	'	'	3	-1	6	-1	4	24	-13	24	-1	-3	-1	-3	212	1,967	80	1,967
Ending balance attributable to IGATE common shareholders, Net of Tax Amount	-387,444	-387,115	70	1,188	70	1,188	2,547	-4,948	2,547	-4,948	1,196	737	1,196	737	-391,257	-401,489	-391,257	-401,489
Beginning balance attributable to IGATE common shareholders, Tax Effect	'	'	632	461	793	3,436	1,754	-1,497	-23	184	547	226	555	-69	0	0	0	0
Amount of gain (loss) recognized in other comprehensive income	'	'	576	699	2,976	5,320	702	-2,817	3,534	-3,751	88	155	121	451	0	0	0	0
Amounts of (gain) loss reclassified from accumulated other comprehensive income	'	'	-1,174	-1,065	-3,737	-8,661	-1,147	1,754	-2,193	1,007	-20	0	-61	-1	0	0	0	0
Portion attributable to non-controlling interests	'	'	2	0	4	0	2	13	-7	13	0	-2	0	-2	0	0	0	0
Ending balance attributable to IGATE common shareholders, Tax Effect	'	'	$36	$95	$36	$95	$1,311	($2,547)	$1,311	($2,547)	$615	$379	$615	$379	$0	$0	$0	$0

Summary_of_Reclassifications_o

Summary of Reclassifications of Accumulated Other Comprehensive Income (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Other Income, net	($4,153)	($5,213)	($15,147)	($39,910)
Foreign exchange gain (loss), net	-3,169	4,372	-6,090	-92
Cost of revenues	208,801	172,063	595,314	518,073
Income tax expense	17,088	14,634	27,486	44,461
Non-controlling interest, net of tax	89	97	282	97
Unrealized gain on marketable securities	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Reclassification into earnings	2,281	3,023	7,258	21,396
Unrealized gain (loss) on cash flow hedges	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Reclassification into earnings	2,223	-4,174	4,254	-2,372
Actuarial gain (loss) relating to defined benefit plan	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Reclassification into earnings	40	1	118	6
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gain on marketable securities	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Other Income, net	3,455	4,088	10,995	30,057
Income tax expense	-1,174	-1,065	-3,737	-8,661
Non-controlling interest, net of tax	-8	-10	-32	-10
Reclassification into earnings	2,273	3,013	7,226	21,386
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gain (loss) on cash flow hedges | Foreign Exchange Contracts	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Foreign exchange gain (loss), net	3,370	-5,929	6,447	-3,379
Income tax expense	-1,147	1,755	-2,193	1,008
Non-controlling interest, net of tax	-11	4	-23	4
Reclassification into earnings	2,212	-4,170	4,231	-2,367
Reclassification out of Accumulated Other Comprehensive Income | Actuarial gain (loss) relating to defined benefit plan	'	'	'	'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Cost of revenues	60	1	179	5
Income tax expense	-20	0	-61	-1
Non-controlling interest, net of tax	0	0	-1	0
Reclassification into earnings	$40	$1	$117	$4

Outstanding_Hedge_Transactions

Outstanding Hedge Transactions Qualifying for Hedge Accounting (Detail) (Designated as Hedging Instrument, Cash Flow Hedging, Foreign Exchange Forward, USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
USD	'	'
Derivative [Line Items]	'	'
Amount	$187,000	$94,300
CAD	'	'
Derivative [Line Items]	'	'
Amount	28,615	13,160
GBP	'	'
Derivative [Line Items]	'	'
Amount	20,231	14,041
Euro Member Countries, Euro	'	'
Derivative [Line Items]	'	'
Amount	755	0
Switzerland, Francs	'	'
Derivative [Line Items]	'	'
Amount	$10,435	$0

Outstanding_Fair_Value_Hedge_T

Outstanding Fair Value Hedge Transactions Not Qualifying for Hedge Accounting (Detail) (Not Designated as Hedging Instrument, Fair Value Hedging, Foreign Exchange Forward, USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
USD	'	'
Derivative [Line Items]	'	'
Amount	$34,500	$0
CAD	'	'
Derivative [Line Items]	'	'
Amount	5,991	0
GBP	'	'
Derivative [Line Items]	'	'
Amount	14,194	12,059
Euro Member Countries, Euro	'	'
Derivative [Line Items]	'	'
Amount	629	0
Switzerland, Francs	'	'
Derivative [Line Items]	'	'
Amount	1,776	0
JPY	'	'
Derivative [Line Items]	'	'
Amount	$2,445	$0

Derivative_Instrument_and_Hedg

Derivative Instrument and Hedging Activities - Additional Information (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosures [Line Items]	'
Foreign exchange derivative contracts maximum maturity term	'12 months
Estimated time of accumulated other comprehensive loss into earnings	'12 months
Net amount of unrealized gains (losses) expected to be reclassified from accumulated other comprehensive income (losses) into earnings within the next 12 months	$2.60

Effect_of_Derivative_Instrumen

Effect of Derivative Instruments on Statements of Income (Detail) (Foreign Exchange Contracts, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Foreign Exchange Contracts	'	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Amount of Gain (Loss) recognized in OCI on Derivative	$2,064	($8,474)	$10,396	($11,540)
Amount of Gain (Loss) reclassified from Accumulated OCI into Income	3,370	-5,929	6,447	-3,379
Amount of Gain (Loss) recognized in Income Statement	$0	$0	$0	$837

Derivatives_Not_Designed_as_He

Derivatives Not Designed as Hedging Instrument (Detail) (Not Designated as Hedging Instrument, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Not Designated as Hedging Instrument	'	'	'	'
Derivatives, Fair Value [Line Items]	'	'	'	'
Statement of Income Foreign exchange gain (loss), net	$1,014	($3,348)	$2,010	($6,666)

Information_on_Location_and_Am

Information on Location and Amounts of Derivative Fair Values in Balance Sheets (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivatives, Fair Value [Line Items]	'	'
Current Assets	$4,912	$836
Current liabilities	1,159	909
Foreign Exchange Contracts	'	'
Derivatives, Fair Value [Line Items]	'	'
Current Assets	4,912	836
Current liabilities	1,159	909
Foreign Exchange Contracts | Designated as Hedging Instrument	'	'
Derivatives, Fair Value [Line Items]	'	'
Current Assets	4,865	832
Current liabilities	987	904
Foreign Exchange Contracts | Not Designated as Hedging Instrument	'	'
Derivatives, Fair Value [Line Items]	'	'
Current Assets	47	4
Current liabilities	$172	$5

Potential_Effect_of_Netting_Fo

Potential Effect of Netting Foreign Exchange Derivative Assets and Liabilities under Counter party Master Agreement (Detail) (Foreign Exchange Contracts, USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Foreign Exchange Contracts	'	'
Offsetting Assets [Line Items]	'	'
Gross amount of recognized, derivative assets	$4,912	$836
Gross amount of recognized, derivative liabilities	1,159	909
Potential effect of rights of set off, derivative assets	1,053	642
Potential effect of rights of set off, derivative liabilities	1,053	642
Net amount of recognized, derivative assets	3,859	194
Net amount of recognized, derivative liabilities	$106	$267

Schedule_of_Assets_and_Liabili

Schedule of Assets and Liabilities Measured at Fair Value (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'
Short term investments	$32,754	$181,401
Foreign exchange derivative contracts	4,912	836
Total current assets	37,666	182,237
Current Liabilities:	'	'
Foreign exchange derivative contracts	1,159	909
Total current liabilities	1,159	909
Liquid mutual funds	'	'
Current Assets:	'	'
Short term investments	32,568	181,231
Fixed Deposits with Banks	'	'
Current Assets:	'	'
Short term investments	186	170
Foreign Exchange Contracts	'	'
Current Assets:	'	'
Foreign exchange derivative contracts	4,912	836
Current Liabilities:	'	'
Foreign exchange derivative contracts	1,159	909
Quoted Prices in Active Markets for Identical Assets (Level 1)	'	'
Current Assets:	'	'
Total current assets	32,754	181,401
Current Liabilities:	'	'
Total current liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Liquid mutual funds	'	'
Current Assets:	'	'
Short term investments	32,568	181,231
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fixed Deposits with Banks	'	'
Current Assets:	'	'
Short term investments	186	170
Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign Exchange Contracts	'	'
Current Assets:	'	'
Foreign exchange derivative contracts	0	0
Current Liabilities:	'	'
Foreign exchange derivative contracts	0	0
Significant Other Observable Inputs (Level 2)	'	'
Current Assets:	'	'
Total current assets	4,912	836
Current Liabilities:	'	'
Total current liabilities	1,159	909
Significant Other Observable Inputs (Level 2) | Liquid mutual funds	'	'
Current Assets:	'	'
Short term investments	0	0
Significant Other Observable Inputs (Level 2) | Fixed Deposits with Banks	'	'
Current Assets:	'	'
Short term investments	0	0
Significant Other Observable Inputs (Level 2) | Foreign Exchange Contracts	'	'
Current Assets:	'	'
Foreign exchange derivative contracts	4,912	836
Current Liabilities:	'	'
Foreign exchange derivative contracts	1,159	909
Significant Unobservable Inputs (Level 3)	'	'
Current Assets:	'	'
Total current assets	0	0
Current Liabilities:	'	'
Total current liabilities	0	0
Significant Unobservable Inputs (Level 3) | Liquid mutual funds	'	'
Current Assets:	'	'
Short term investments	0	0
Significant Unobservable Inputs (Level 3) | Fixed Deposits with Banks	'	'
Current Assets:	'	'
Short term investments	0	0
Significant Unobservable Inputs (Level 3) | Foreign Exchange Contracts	'	'
Current Assets:	'	'
Foreign exchange derivative contracts	0	0
Current Liabilities:	'	'
Foreign exchange derivative contracts	$0	$0

Employee_Benefits_Additional_I

Employee Benefits - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Company's contribution to the Provident Fund	$2.60	$2	$7.20	$6.30
Percentage of pension benefit receive upon retirement or on termination, One of Former Directors	'	'	50.00%	'
Eligible age entitled for pension benefits, One of Former Directors	'	'	'65 years	'

Net_Periodic_Cost_Detail

Net Periodic Cost (Detail) (Other Pension Plan, Defined Benefit, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Other Pension Plan, Defined Benefit	'	'	'	'
Net periodic plan cost	'	'	'	'
Service cost	$701	$603	$2,006	$1,895
Interest cost	326	300	975	976
Expected return on plan asset	-233	-203	-696	-662
Amortization of actuarial loss	-60	-4	-179	-9
Net periodic plan cost for the period	$734	$696	$2,106	$2,200

Stock_Based_Compensation_Addit

Stock Based Compensation - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Granted options	898,592	215,878	917,760	787,323
Granted restricted stock awards	5,830	603,676	59,698	1,326,738
Shares issued upon exercise of stock options and awards	100,000	400,000	600,000	700,000

ShareBased_Compensation_Expens

Share-Based Compensation Expense Recorded in Income from Operations (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]	'	'	'	'
Total share-based compensation expense	$4,607	$3,878	$12,423	$10,243
Cost of revenues	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]	'	'	'	'
Total share-based compensation expense	1,634	1,801	4,648	4,579
Selling, General and Administrative Expenses	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]	'	'	'	'
Total share-based compensation expense	$2,973	$2,077	$7,775	$5,664

Components_of_Other_Income_Net

Components of Other Income, Net (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Other Income [Line Items]	'	'	'	'
Investment income	$3,455	$4,088	$10,995	$30,057
Interest income	63	705	1,877	2,986
Gain on sale of fixed assets	64	8	82	2,248
Forfeiture of vested stock options	0	0	0	3,005
Other	571	412	2,193	1,614
Other income, net	$4,153	$5,213	$15,147	$39,910

Concentration_of_Revenues_Deta

Concentration of Revenues (Detail) (Sales Revenue, Net)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
General Electric Company ("GE")	'	'	'	'
Concentration Risk [Line Items]	'	'	'	'
Revenue concentration	17.00%	13.00%	16.00%	13.00%
Royal Bank of Canada	'	'	'	'
Concentration Risk [Line Items]	'	'	'	'
Revenue concentration	10.00%	11.00%	10.00%	11.00%

Schedule_of_Condensed_Consolid

Schedule of Condensed Consolidated Balance Sheets (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets:	'	'	'	'
Cash and cash equivalents	$130,204	$204,836	$141,979	$95,155
Restricted cash	0	360,000	'	'
Short-term investments	32,754	181,401	'	'
Accounts receivable, net	165,837	157,905	'	'
Unbilled revenues	79,457	61,424	'	'
Prepaid expenses and other current assets	43,624	44,492	'	'
Prepaid income taxes	13,248	838	'	'
Deferred tax assets	3,875	10,235	'	'
Foreign exchange derivative contracts	4,912	836	'	'
Inter-corporate loan	0	0	'	'
Receivable from related parties	5,954	4,046	'	'
Receivable from group companies	0	0	'	'
Total current assets	479,865	1,026,013	'	'
Investment in subsidiaries	0	0	'	'
Inter-corporate loan	0	0	'	'
Deposits and other assets	20,293	24,930	'	'
Prepaid income taxes	32,138	32,160	'	'
Property and equipment, net	220,964	165,581	'	'
Leasehold land	75,603	76,732	'	'
Deferred tax assets	15,281	15,153	'	'
Goodwill	439,175	438,891	'	'
Intangible assets, net	111,398	119,262	'	'
Total assets	1,394,717	1,898,722	'	'
Current liabilities:	'	'	'	'
Accounts payable	10,208	9,268	'	'
Line of credit	52,000	52,000	'	'
Senior Notes	0	360,000	'	'
Term loans	0	90,000	'	'
Accrued payroll and related costs	45,798	57,093	'	'
Other accrued liabilities	66,098	79,785	'	'
Accrued income taxes	3,861	5,802	'	'
Foreign exchange derivative contracts	1,159	909	'	'
Deferred revenue	18,406	17,776	'	'
Inter-corporate loan	0	0	'	'
Payable to group companies	0	0	'	'
Total current liabilities	197,530	672,633	'	'
Other long-term liabilities	6,185	3,532	'	'
Senior Notes	325,000	410,000	'	'
Term loans	234,000	270,000	'	'
Accrued income taxes	18,261	13,936	'	'
Inter-corporate loan	0	0	'	'
Deferred tax liabilities	35,261	41,717	'	'
Total liabilities	816,237	1,411,818	'	'
Series B Preferred stock	435,989	410,371	'	'
IGATE Corporation shareholders' equity:	'	'	'	'
Common shares	600	594	'	'
Common shares held in treasury, at cost	-14,714	-14,714	'	'
Additional paid-in capital	225,147	204,143	'	'
Retained earnings	315,172	268,750	'	'
Accumulated other comprehensive loss	-387,444	-387,115	'	'
Total IGATE Corporation shareholders' equity	138,761	71,658	'	'
Non-controlling interest	3,730	4,875	'	'
Total equity	142,491	76,533	'	'
Total liabilities, preferred stock and shareholders' equity	1,394,717	1,898,722	'	'
Issuer	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	0	0	0	0
Restricted cash	0	0	'	'
Short-term investments	0	0	'	'
Accounts receivable, net	0	0	'	'
Unbilled revenues	0	0	'	'
Prepaid expenses and other current assets	1,034	11,997	'	'
Prepaid income taxes	19,741	0	'	'
Deferred tax assets	0	0	'	'
Foreign exchange derivative contracts	0	0	'	'
Inter-corporate loan	0	360,000	'	'
Receivable from related parties	0	0	'	'
Receivable from group companies	47,984	21,332	'	'
Total current assets	68,759	393,329	'	'
Investment in subsidiaries	460,955	460,955	'	'
Inter-corporate loan	325,000	410,000	'	'
Deposits and other assets	3,815	5,596	'	'
Prepaid income taxes	0	0	'	'
Property and equipment, net	0	0	'	'
Leasehold land	0	0	'	'
Deferred tax assets	0	0	'	'
Goodwill	0	0	'	'
Intangible assets, net	0	0	'	'
Total assets	858,529	1,269,880	'	'
Current liabilities:	'	'	'	'
Accounts payable	0	0	'	'
Line of credit	0	0	'	'
Senior Notes	0	360,000	'	'
Term loans	0	0	'	'
Accrued payroll and related costs	0	0	'	'
Other accrued liabilities	7,711	11,550	'	'
Accrued income taxes	0	0	'	'
Foreign exchange derivative contracts	0	0	'	'
Deferred revenue	0	0	'	'
Inter-corporate loan	0	0	'	'
Payable to group companies	52,061	0	'	'
Total current liabilities	59,772	371,550	'	'
Other long-term liabilities	0	0	'	'
Senior Notes	325,000	410,000	'	'
Term loans	0	0	'	'
Accrued income taxes	0	0	'	'
Inter-corporate loan	0	0	'	'
Deferred tax liabilities	0	0	'	'
Total liabilities	384,772	781,550	'	'
Series B Preferred stock	435,989	410,371	'	'
IGATE Corporation shareholders' equity:	'	'	'	'
Common shares	600	594	'	'
Common shares held in treasury, at cost	-14,714	-14,714	'	'
Additional paid-in capital	236,095	216,107	'	'
Retained earnings	-184,213	-124,028	'	'
Accumulated other comprehensive loss	0	0	'	'
Total IGATE Corporation shareholders' equity	37,768	77,959	'	'
Non-controlling interest	0	0	'	'
Total equity	37,768	77,959	'	'
Total liabilities, preferred stock and shareholders' equity	858,529	1,269,880	'	'
Guarantors	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	37,521	82,497	37,423	14,365
Restricted cash	0	360,000	'	'
Short-term investments	0	0	'	'
Accounts receivable, net	102,816	87,110	'	'
Unbilled revenues	45,454	29,309	'	'
Prepaid expenses and other current assets	6,047	3,693	'	'
Prepaid income taxes	0	797	'	'
Deferred tax assets	3,134	3,163	'	'
Foreign exchange derivative contracts	0	0	'	'
Inter-corporate loan	0	0	'	'
Receivable from related parties	2,360	1,618	'	'
Receivable from group companies	122,409	0	'	'
Total current assets	319,741	568,187	'	'
Investment in subsidiaries	700,603	545,412	'	'
Inter-corporate loan	2,495	2,476	'	'
Deposits and other assets	1,283	1,084	'	'
Prepaid income taxes	0	0	'	'
Property and equipment, net	4,340	2,291	'	'
Leasehold land	0	0	'	'
Deferred tax assets	15,044	15,054	'	'
Goodwill	1,026	1,026	'	'
Intangible assets, net	78	130	'	'
Total assets	1,044,610	1,135,660	'	'
Current liabilities:	'	'	'	'
Accounts payable	1,920	1,834	'	'
Line of credit	0	0	'	'
Senior Notes	0	0	'	'
Term loans	0	0	'	'
Accrued payroll and related costs	16,497	19,086	'	'
Other accrued liabilities	21,322	24,012	'	'
Accrued income taxes	13,267	0	'	'
Foreign exchange derivative contracts	0	0	'	'
Deferred revenue	9,769	8,917	'	'
Inter-corporate loan	0	360,000	'	'
Payable to group companies	176,929	26,446	'	'
Total current liabilities	239,704	440,295	'	'
Other long-term liabilities	559	165	'	'
Senior Notes	0	0	'	'
Term loans	0	0	'	'
Accrued income taxes	650	650	'	'
Inter-corporate loan	325,000	410,000	'	'
Deferred tax liabilities	0	0	'	'
Total liabilities	565,913	851,110	'	'
Series B Preferred stock	0	0	'	'
IGATE Corporation shareholders' equity:	'	'	'	'
Common shares	330,000	330,000	'	'
Common shares held in treasury, at cost	0	0	'	'
Additional paid-in capital	161,276	6,209	'	'
Retained earnings	-12,675	-51,755	'	'
Accumulated other comprehensive loss	96	96	'	'
Total IGATE Corporation shareholders' equity	478,697	284,550	'	'
Non-controlling interest	0	0	'	'
Total equity	478,697	284,550	'	'
Total liabilities, preferred stock and shareholders' equity	1,044,610	1,135,660	'	'
Non-Guarantors	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	92,683	122,339	104,556	80,790
Restricted cash	0	0	'	'
Short-term investments	32,754	181,401	'	'
Accounts receivable, net	63,021	70,795	'	'
Unbilled revenues	34,003	32,115	'	'
Prepaid expenses and other current assets	36,543	28,802	'	'
Prepaid income taxes	6,774	41	'	'
Deferred tax assets	741	7,072	'	'
Foreign exchange derivative contracts	4,912	836	'	'
Inter-corporate loan	0	0	'	'
Receivable from related parties	3,594	2,428	'	'
Receivable from group companies	133,798	24,952	'	'
Total current assets	408,823	470,781	'	'
Investment in subsidiaries	0	0	'	'
Inter-corporate loan	0	0	'	'
Deposits and other assets	15,195	18,250	'	'
Prepaid income taxes	32,138	32,160	'	'
Property and equipment, net	216,624	163,290	'	'
Leasehold land	75,603	76,732	'	'
Deferred tax assets	237	99	'	'
Goodwill	438,149	437,865	'	'
Intangible assets, net	111,320	119,132	'	'
Total assets	1,298,089	1,318,309	'	'
Current liabilities:	'	'	'	'
Accounts payable	8,288	7,434	'	'
Line of credit	52,000	52,000	'	'
Senior Notes	0	0	'	'
Term loans	0	90,000	'	'
Accrued payroll and related costs	29,301	38,007	'	'
Other accrued liabilities	37,065	44,223	'	'
Accrued income taxes	3,861	5,802	'	'
Foreign exchange derivative contracts	1,159	909	'	'
Deferred revenue	8,637	8,859	'	'
Inter-corporate loan	0	0	'	'
Payable to group companies	75,201	19,838	'	'
Total current liabilities	215,512	267,072	'	'
Other long-term liabilities	5,626	3,367	'	'
Senior Notes	0	0	'	'
Term loans	234,000	270,000	'	'
Accrued income taxes	17,611	13,286	'	'
Inter-corporate loan	2,495	2,476	'	'
Deferred tax liabilities	35,261	41,717	'	'
Total liabilities	510,505	597,918	'	'
Series B Preferred stock	0	0	'	'
IGATE Corporation shareholders' equity:	'	'	'	'
Common shares	53,452	53,451	'	'
Common shares held in treasury, at cost	0	0	'	'
Additional paid-in capital	605,882	604,743	'	'
Retained earnings	512,060	444,533	'	'
Accumulated other comprehensive loss	-387,540	-387,211	'	'
Total IGATE Corporation shareholders' equity	783,854	715,516	'	'
Non-controlling interest	3,730	4,875	'	'
Total equity	787,584	720,391	'	'
Total liabilities, preferred stock and shareholders' equity	1,298,089	1,318,309	'	'
Eliminations	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	0	0	0	0
Restricted cash	0	0	'	'
Short-term investments	0	0	'	'
Accounts receivable, net	0	0	'	'
Unbilled revenues	0	0	'	'
Prepaid expenses and other current assets	0	0	'	'
Prepaid income taxes	-13,267	0	'	'
Deferred tax assets	0	0	'	'
Foreign exchange derivative contracts	0	0	'	'
Inter-corporate loan	0	-360,000	'	'
Receivable from related parties	0	0	'	'
Receivable from group companies	-304,191	-46,284	'	'
Total current assets	-317,458	-406,284	'	'
Investment in subsidiaries	-1,161,558	-1,006,367	'	'
Inter-corporate loan	-327,495	-412,476	'	'
Deposits and other assets	0	0	'	'
Prepaid income taxes	0	0	'	'
Property and equipment, net	0	0	'	'
Leasehold land	0	0	'	'
Deferred tax assets	0	0	'	'
Goodwill	0	0	'	'
Intangible assets, net	0	0	'	'
Total assets	-1,806,511	-1,825,127	'	'
Current liabilities:	'	'	'	'
Accounts payable	0	0	'	'
Line of credit	0	0	'	'
Senior Notes	0	0	'	'
Term loans	0	0	'	'
Accrued payroll and related costs	0	0	'	'
Other accrued liabilities	0	0	'	'
Accrued income taxes	-13,267	0	'	'
Foreign exchange derivative contracts	0	0	'	'
Deferred revenue	0	0	'	'
Inter-corporate loan	0	-360,000	'	'
Payable to group companies	-304,191	-46,284	'	'
Total current liabilities	-317,458	-406,284	'	'
Other long-term liabilities	0	0	'	'
Senior Notes	0	0	'	'
Term loans	0	0	'	'
Accrued income taxes	0	0	'	'
Inter-corporate loan	-327,495	-412,476	'	'
Deferred tax liabilities	0	0	'	'
Total liabilities	-644,953	-818,760	'	'
Series B Preferred stock	0	0	'	'
IGATE Corporation shareholders' equity:	'	'	'	'
Common shares	-383,452	-383,451	'	'
Common shares held in treasury, at cost	0	0	'	'
Additional paid-in capital	-778,106	-622,916	'	'
Retained earnings	0	0	'	'
Accumulated other comprehensive loss	0	0	'	'
Total IGATE Corporation shareholders' equity	-1,161,558	-1,006,367	'	'
Non-controlling interest	0	0	'	'
Total equity	-1,161,558	-1,006,367	'	'
Total liabilities, preferred stock and shareholders' equity	($1,806,511)	($1,825,127)	'	'

Schedule_of_Condensed_Consolid1

Schedule of Condensed Consolidated Statements of Income (Detail) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]	'		'		'		'
Revenues	$322,774	[1]	$293,406	[1]	$936,725	[1]	$851,592	[1]
Cost of revenues (exclusive of depreciation and amortization)	208,801		172,063		595,314		518,073
Gross margin	113,973		121,343		341,411		333,519
Selling, general and administrative expense	49,934		46,862		140,103		139,004
Depreciation and amortization	9,384		8,439		27,660		26,305
Income from operations	54,655		66,042		173,648		168,210
Interest expense	-7,492		-20,256		-43,317		-67,025
Foreign exchange gain (loss), net	3,169		-4,372		6,090		92
Loss on extinguishment of debt	0		0		-51,760		0
Other income (expense), net	4,153		5,213		15,147		39,910
Income before income taxes	54,485		46,627		99,808		141,187
Income tax expense (benefit)	17,088		14,634		27,486		44,461
Net income (loss)	37,397		31,993		72,322		96,726
Non-controlling interest	89		97		282		97
Net income (loss) attributable to IGATE Corporation	37,308		31,896		72,040		96,629
Accretion to preferred stock	152		126		436		361
Preferred dividend	8,653		7,994		25,182		23,246
Net income (loss) attributable to IGATE common shareholders	28,503		23,776		46,422		73,022
Issuer	'		'		'		'
Condensed Financial Statements, Captions [Line Items]	'		'		'		'
Revenues	0		0		0		0
Cost of revenues (exclusive of depreciation and amortization)	0		0		0		0
Gross margin	0		0		0		0
Selling, general and administrative expense	0		0		0		0
Depreciation and amortization	0		0		0		0
Income from operations	0		0		0		0
Interest expense	-4,110		-18,950		-31,592		-56,705
Foreign exchange gain (loss), net	0		0		0		0
Loss on extinguishment of debt	0		0		-51,760		0
Other income (expense), net	3,859		17,325		29,044		51,975
Income before income taxes	-251		-1,625		-54,308		-4,730
Income tax expense (benefit)	0		0		-19,741		0
Net income (loss)	-251		-1,625		-34,567		-4,730
Non-controlling interest	0		0		0		0
Net income (loss) attributable to IGATE Corporation	-251		-1,625		-34,567		-4,730
Accretion to preferred stock	152		126		436		361
Preferred dividend	8,653		7,994		25,182		23,246
Net income (loss) attributable to IGATE common shareholders	-9,056		-9,745		-60,185		-28,337
Guarantors	'		'		'		'
Condensed Financial Statements, Captions [Line Items]	'		'		'		'
Revenues	211,545		171,855		594,494		499,954
Cost of revenues (exclusive of depreciation and amortization)	158,386		121,685		445,229		366,782
Gross margin	53,159		50,170		149,265		133,172
Selling, general and administrative expense	20,350		18,151		52,550		50,291
Depreciation and amortization	414		295		1,195		929
Income from operations	32,395		31,724		95,520		81,952
Interest expense	-3,061		-18,307		-29,172		-54,649
Foreign exchange gain (loss), net	-92		-109		-157		-298
Loss on extinguishment of debt	0		0		0		0
Other income (expense), net	-743		239		1,667		3,144
Income before income taxes	28,499		13,547		67,858		30,149
Income tax expense (benefit)	11,774		5,842		28,778		9,455
Net income (loss)	16,725		7,705		39,080		20,694
Non-controlling interest	0		0		0		0
Net income (loss) attributable to IGATE Corporation	16,725		7,705		39,080		20,694
Accretion to preferred stock	0		0		0		0
Preferred dividend	0		0		0		0
Net income (loss) attributable to IGATE common shareholders	16,725		7,705		39,080		20,694
Non-Guarantors	'		'		'		'
Condensed Financial Statements, Captions [Line Items]	'		'		'		'
Revenues	185,522		183,130		553,176		542,746
Cost of revenues (exclusive of depreciation and amortization)	124,708		111,957		361,030		342,399
Gross margin	60,814		71,173		192,146		200,347
Selling, general and administrative expense	29,584		28,711		87,553		88,713
Depreciation and amortization	8,970		8,144		26,465		25,376
Income from operations	22,260		34,318		78,128		86,258
Interest expense	-4,186		-324		-11,615		-7,646
Foreign exchange gain (loss), net	3,261		-4,263		6,247		390
Loss on extinguishment of debt	0		0		0		0
Other income (expense), net	4,902		4,974		13,498		36,766
Income before income taxes	26,237		34,705		86,258		115,768
Income tax expense (benefit)	5,314		8,792		18,449		35,006
Net income (loss)	20,923		25,913		67,809		80,762
Non-controlling interest	89		97		282		97
Net income (loss) attributable to IGATE Corporation	20,834		25,816		67,527		80,665
Accretion to preferred stock	0		0		0		0
Preferred dividend	0		0		0		0
Net income (loss) attributable to IGATE common shareholders	20,834		25,816		67,527		80,665
Eliminations	'		'		'		'
Condensed Financial Statements, Captions [Line Items]	'		'		'		'
Revenues	-74,293		-61,579		-210,945		-191,108
Cost of revenues (exclusive of depreciation and amortization)	-74,293		-61,579		-210,945		-191,108
Gross margin	0		0		0		0
Selling, general and administrative expense	0		0		0		0
Depreciation and amortization	0		0		0		0
Income from operations	0		0		0		0
Interest expense	3,865		17,325		29,062		51,975
Foreign exchange gain (loss), net	0		0		0		0
Loss on extinguishment of debt	0		0		0		0
Other income (expense), net	-3,865		-17,325		-29,062		-51,975
Income before income taxes	0		0		0		0
Income tax expense (benefit)	0		0		0		0
Net income (loss)	0		0		0		0
Non-controlling interest	0		0		0		0
Net income (loss) attributable to IGATE Corporation	0		0		0		0
Accretion to preferred stock	0		0		0		0
Preferred dividend	0		0		0		0
Net income (loss) attributable to IGATE common shareholders	$0		$0		$0		$0
[1]	Includes the following related party amounts: Revenues $ 6,791 $ 2,773 $ 19,885 $ 5,343

Schedule_of_Condensed_Consolid2

Schedule of Condensed Consolidated Statements of Comprehensive Income (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Net income (loss) attributable to IGATE common shareholders	$28,503	$23,776	$46,422	$73,022
Add: Non-controlling interest	89	97	282	97
Other comprehensive income:	'	'	'	'
Change in fair value on marketable securities	-1,161	-336	-1,478	-7,086
Unrecognized actuarial gain (loss) on pension liability	132	293	118	863
Change in fair value of cash flow hedges	-861	-1,482	2,608	-5,417
Gain (loss) on foreign currency translation	-28,290	-48,269	-1,649	-120,276
Total comprehensive income (loss)	-1,588	-25,921	46,303	-58,797
Less: Total comprehensive income (loss) attributable to non-controlling interest	-129	-1,890	210	-1,890
Total comprehensive income (loss) attributable to IGATE common shareholders	-1,459	-24,031	46,093	-56,907
Issuer	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Net income (loss) attributable to IGATE common shareholders	-9,056	-9,745	-60,185	-28,337
Add: Non-controlling interest	0	0	0	0
Other comprehensive income:	'	'	'	'
Change in fair value on marketable securities	0	0	0	0
Unrecognized actuarial gain (loss) on pension liability	0	0	0	0
Change in fair value of cash flow hedges	0	0	0	0
Gain (loss) on foreign currency translation	0	0	0	0
Total comprehensive income (loss)	-9,056	-9,745	-60,185	-28,337
Less: Total comprehensive income (loss) attributable to non-controlling interest	0	0	0	0
Total comprehensive income (loss) attributable to IGATE common shareholders	-9,056	-9,745	-60,185	-28,337
Guarantors	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Net income (loss) attributable to IGATE common shareholders	16,725	7,705	39,080	20,694
Add: Non-controlling interest	0	0	0	0
Other comprehensive income:	'	'	'	'
Change in fair value on marketable securities	0	0	0	0
Unrecognized actuarial gain (loss) on pension liability	0	0	0	0
Change in fair value of cash flow hedges	0	0	0	0
Gain (loss) on foreign currency translation	0	0	0	0
Total comprehensive income (loss)	16,725	7,705	39,080	20,694
Less: Total comprehensive income (loss) attributable to non-controlling interest	0	0	0	0
Total comprehensive income (loss) attributable to IGATE common shareholders	16,725	7,705	39,080	20,694
Non-Guarantors	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Net income (loss) attributable to IGATE common shareholders	20,834	25,816	67,527	80,665
Add: Non-controlling interest	89	97	282	97
Other comprehensive income:	'	'	'	'
Change in fair value on marketable securities	-1,161	-336	-1,478	-7,086
Unrecognized actuarial gain (loss) on pension liability	132	293	118	863
Change in fair value of cash flow hedges	-861	-1,482	2,608	-5,417
Gain (loss) on foreign currency translation	-28,290	-48,269	-1,649	-120,276
Total comprehensive income (loss)	-9,257	-23,881	67,408	-51,154
Less: Total comprehensive income (loss) attributable to non-controlling interest	-129	-1,890	210	-1,890
Total comprehensive income (loss) attributable to IGATE common shareholders	-9,128	-21,991	67,198	-49,264
Eliminations	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Net income (loss) attributable to IGATE common shareholders	0	0	0	0
Add: Non-controlling interest	0	0	0	0
Other comprehensive income:	'	'	'	'
Change in fair value on marketable securities	0	0	0	0
Unrecognized actuarial gain (loss) on pension liability	0	0	0	0
Change in fair value of cash flow hedges	0	0	0	0
Gain (loss) on foreign currency translation	0	0	0	0
Total comprehensive income (loss)	0	0	0	0
Less: Total comprehensive income (loss) attributable to non-controlling interest	0	0	0	0
Total comprehensive income (loss) attributable to IGATE common shareholders	$0	$0	$0	$0

Schedule_of_Condensed_Consolid3

Schedule of Condensed Consolidated Statement of Cash Flows (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash Flows From Operating Activities:	'	'
Net income (loss)	$72,322	$96,726
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	27,660	26,305
Stock-based compensation	12,423	7,238
Realized gain on investments	-10,995	-30,057
Deferred gain (loss) on settled derivatives	0	-1,066
Provision (recovery) for doubtful debts	-551	154
Deferred income taxes	-341	-467
Loss on extinguishment of debt	51,760	0
Amortization of debt issuance costs	4,406	9,209
Gain on sale of property and equipment	-82	-2,248
Deferred rent	946	198
Excess tax benefits related to stock option exercises	-3,101	-463
Changes in operating assets and liabilities:	'	'
Accounts receivable and unbilled revenues	-29,955	-4,164
Inter-corporate current account	0	0
Prepaid expenses and other assets	-9,275	-10,389
Accounts payable	-330	458
Accrued and other liabilities	-31,247	39,270
Deferred revenue	904	-2,411
Net cash flows (used in) provided by operating activities	84,544	128,293
Cash Flows From Investing Activities:	'	'
Purchase of property and equipment	-70,870	-24,230
Proceeds from sale of property and equipment	257	2,574
Purchase of available-for-sale investments	-421,377	-1,188,835
Proceeds from maturities and sale of available-for-sale investments	581,196	1,372,990
Restricted cash	0	3,072
Inter-corporate loan	0	0
Investment in group companies	0	0
Purchase of non-controlling interests	-328	-23,651
Net cash flows provided by (used in) investing activities	88,878	141,920
Cash Flows From Financing Activities:	'	'
Payments on capital lease obligations	-366	-450
Payment of line of credit and term loans	-126,000	-287,000
Proceeds from line of credit and term loans	0	41,000
Payment of Senior Notes	-770,000	0
Proceeds from Senior Notes	325,000	0
Payment of debt related costs	-41,530	-2,394
Release of restricted cash towards debt retirement	360,000	0
Proceeds from issuance of equity stock	0	0
Proceeds from exercise of stock options	4,458	3,625
Excess tax benefits related to stock option exercises	3,101	463
Inter-corporate loan	0	0
Proceeds from equity issue to group companies	0	0
Net cash flows (used in) financing activities	-245,337	-244,756
Effect of exchange rate changes	-2,717	21,367
Net change in cash and cash equivalents	-74,632	46,824
Cash and cash equivalents, beginning of period	204,836	95,155
Cash and cash equivalents, end of period	130,204	141,979
Issuer	'	'
Cash Flows From Operating Activities:	'	'
Net income (loss)	-34,567	-4,730
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	0	0
Stock-based compensation	0	0
Realized gain on investments	0	0
Deferred gain (loss) on settled derivatives	0	0
Provision (recovery) for doubtful debts	0	0
Deferred income taxes	0	0
Loss on extinguishment of debt	51,760	0
Amortization of debt issuance costs	2,548	4,730
Gain on sale of property and equipment	0	0
Deferred rent	0	0
Excess tax benefits related to stock option exercises	0	0
Changes in operating assets and liabilities:	'	'
Accounts receivable and unbilled revenues	0	0
Inter-corporate current account	25,412	-28,259
Prepaid expenses and other assets	0	17,325
Accounts payable	0	0
Accrued and other liabilities	-23,616	0
Deferred revenue	0	0
Net cash flows (used in) provided by operating activities	21,537	-10,934
Cash Flows From Investing Activities:	'	'
Purchase of property and equipment	0	0
Proceeds from sale of property and equipment	0	0
Purchase of available-for-sale investments	0	0
Proceeds from maturities and sale of available-for-sale investments	0	0
Restricted cash	0	0
Inter-corporate loan	445,000	0
Investment in group companies	0	0
Purchase of non-controlling interests	0	0
Net cash flows provided by (used in) investing activities	445,000	0
Cash Flows From Financing Activities:	'	'
Payments on capital lease obligations	0	0
Payment of line of credit and term loans	0	0
Proceeds from line of credit and term loans	0	0
Payment of Senior Notes	-770,000	0
Proceeds from Senior Notes	325,000	0
Payment of debt related costs	-41,530	0
Release of restricted cash towards debt retirement	0	0
Proceeds from issuance of equity stock	0	0
Proceeds from exercise of stock options	16,892	10,471
Excess tax benefits related to stock option exercises	3,101	463
Inter-corporate loan	0	0
Proceeds from equity issue to group companies	0	0
Net cash flows (used in) financing activities	-466,537	10,934
Effect of exchange rate changes	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Guarantors	'	'
Cash Flows From Operating Activities:	'	'
Net income (loss)	39,080	20,694
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	1,195	929
Stock-based compensation	4,715	208
Realized gain on investments	0	0
Deferred gain (loss) on settled derivatives	0	0
Provision (recovery) for doubtful debts	-1,013	362
Deferred income taxes	39	277
Loss on extinguishment of debt	0	0
Amortization of debt issuance costs	0	460
Gain on sale of property and equipment	-26	0
Deferred rent	320	104
Excess tax benefits related to stock option exercises	-3,101	-463
Changes in operating assets and liabilities:	'	'
Accounts receivable and unbilled revenues	-31,579	12,509
Inter-corporate current account	28,053	7,539
Prepaid expenses and other assets	-2,551	-1,528
Accounts payable	86	-1,945
Accrued and other liabilities	12,163	3,073
Deferred revenue	853	-276
Net cash flows (used in) provided by operating activities	48,234	41,943
Cash Flows From Investing Activities:	'	'
Purchase of property and equipment	-3,371	-921
Proceeds from sale of property and equipment	0	0
Purchase of available-for-sale investments	0	0
Proceeds from maturities and sale of available-for-sale investments	0	0
Restricted cash	0	0
Inter-corporate loan	0	0
Investment in group companies	-123	-255
Purchase of non-controlling interests	0	0
Net cash flows provided by (used in) investing activities	-3,494	-1,176
Cash Flows From Financing Activities:	'	'
Payments on capital lease obligations	0	0
Payment of line of credit and term loans	0	-47,500
Proceeds from line of credit and term loans	0	30,000
Payment of Senior Notes	0	0
Proceeds from Senior Notes	0	0
Payment of debt related costs	0	0
Release of restricted cash towards debt retirement	360,000	0
Proceeds from issuance of equity stock	0	0
Proceeds from exercise of stock options	-4,716	-209
Excess tax benefits related to stock option exercises	0	0
Inter-corporate loan	-445,000	0
Proceeds from equity issue to group companies	0	0
Net cash flows (used in) financing activities	-89,716	-17,709
Effect of exchange rate changes	0	0
Net change in cash and cash equivalents	-44,976	23,058
Cash and cash equivalents, beginning of period	82,497	14,365
Cash and cash equivalents, end of period	37,521	37,423
Non-Guarantors	'	'
Cash Flows From Operating Activities:	'	'
Net income (loss)	67,809	80,762
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	26,465	25,376
Stock-based compensation	7,708	7,030
Realized gain on investments	-10,995	-30,057
Deferred gain (loss) on settled derivatives	0	-1,066
Provision (recovery) for doubtful debts	462	-208
Deferred income taxes	-380	-744
Loss on extinguishment of debt	0	0
Amortization of debt issuance costs	1,858	4,019
Gain on sale of property and equipment	-56	-2,248
Deferred rent	626	94
Excess tax benefits related to stock option exercises	0	0
Changes in operating assets and liabilities:	'	'
Accounts receivable and unbilled revenues	1,624	-16,673
Inter-corporate current account	-53,465	20,720
Prepaid expenses and other assets	-6,724	-26,186
Accounts payable	-416	2,403
Accrued and other liabilities	-19,794	36,197
Deferred revenue	51	-2,135
Net cash flows (used in) provided by operating activities	14,773	97,284
Cash Flows From Investing Activities:	'	'
Purchase of property and equipment	-67,499	-23,309
Proceeds from sale of property and equipment	257	2,574
Purchase of available-for-sale investments	-421,377	-1,188,835
Proceeds from maturities and sale of available-for-sale investments	581,196	1,372,990
Restricted cash	0	3,072
Inter-corporate loan	-365	0
Investment in group companies	0	0
Purchase of non-controlling interests	-328	-23,651
Net cash flows provided by (used in) investing activities	91,884	142,841
Cash Flows From Financing Activities:	'	'
Payments on capital lease obligations	-366	-450
Payment of line of credit and term loans	-126,000	-239,500
Proceeds from line of credit and term loans	0	11,000
Payment of Senior Notes	0	0
Proceeds from Senior Notes	0	0
Payment of debt related costs	0	-2,394
Release of restricted cash towards debt retirement	0	0
Proceeds from issuance of equity stock	123	0
Proceeds from exercise of stock options	-7,718	-6,637
Excess tax benefits related to stock option exercises	0	0
Inter-corporate loan	365	0
Proceeds from equity issue to group companies	0	255
Net cash flows (used in) financing activities	-133,596	-237,726
Effect of exchange rate changes	-2,717	21,367
Net change in cash and cash equivalents	-29,656	23,766
Cash and cash equivalents, beginning of period	122,339	80,790
Cash and cash equivalents, end of period	92,683	104,556
Eliminations	'	'
Cash Flows From Operating Activities:	'	'
Net income (loss)	0	0
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation and amortization	0	0
Stock-based compensation	0	0
Realized gain on investments	0	0
Deferred gain (loss) on settled derivatives	0	0
Provision (recovery) for doubtful debts	0	0
Deferred income taxes	0	0
Loss on extinguishment of debt	0	0
Amortization of debt issuance costs	0	0
Gain on sale of property and equipment	0	0
Deferred rent	0	0
Excess tax benefits related to stock option exercises	0	0
Changes in operating assets and liabilities:	'	'
Accounts receivable and unbilled revenues	0	0
Inter-corporate current account	0	0
Prepaid expenses and other assets	0	0
Accounts payable	0	0
Accrued and other liabilities	0	0
Deferred revenue	0	0
Net cash flows (used in) provided by operating activities	0	0
Cash Flows From Investing Activities:	'	'
Purchase of property and equipment	0	0
Proceeds from sale of property and equipment	0	0
Purchase of available-for-sale investments	0	0
Proceeds from maturities and sale of available-for-sale investments	0	0
Restricted cash	0	0
Inter-corporate loan	-444,635	0
Investment in group companies	123	255
Purchase of non-controlling interests	0	0
Net cash flows provided by (used in) investing activities	-444,512	255
Cash Flows From Financing Activities:	'	'
Payments on capital lease obligations	0	0
Payment of line of credit and term loans	0	0
Proceeds from line of credit and term loans	0	0
Payment of Senior Notes	0	0
Proceeds from Senior Notes	0	0
Payment of debt related costs	0	0
Release of restricted cash towards debt retirement	0	0
Proceeds from issuance of equity stock	-123	0
Proceeds from exercise of stock options	0	0
Excess tax benefits related to stock option exercises	0	0
Inter-corporate loan	444,635	0
Proceeds from equity issue to group companies	0	-255
Net cash flows (used in) financing activities	444,512	-255
Effect of exchange rate changes	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	$0	$0

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Commitments and Contingencies [Line Items]	'
Capital commitments for open purchase orders	$38.10
Bank guarantees	$3.60
Notice period to acquire equity stake	'60 days
Acquisition of company's maximum equity stake under service agreement	7.00%
Minimum	'
Commitments and Contingencies [Line Items]	'
Term period of guarantee letter of credit	'1 year
Maximum	'
Commitments and Contingencies [Line Items]	'
Term period of guarantee letter of credit	'5 years