Startek (SRT) 10-Q 7 Nov 19 2019 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Document Information [Line Items]
Entity Central Index Key	0001031029
Entity Registrant Name	StarTek, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	1-12793
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1370538
Entity Address, Address Line One	6200 South Syracuse Way, Suite 485
Entity Address, City or Town	Greenwood Village
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80111
City Area Code	303
Local Phone Number	262-4500
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	SRT
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		38,483,025

Condensed Consolidated Statemen

Condensed Consolidated Statement of Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue	$ 164,630	$ 151,509	$ 487,054	$ 376,827
Warrant contra revenue	0	0	(730)	0
Net Revenue	164,630	151,509	486,324	376,827
Cost of services	(136,142)	(128,747)	(403,064)	(316,025)
Gross profit	28,488	22,762	83,260	60,802
Selling, general and administrative expenses	(22,926)	(22,818)	(71,938)	(52,480)
Restructuring and other acquisition related cost	(220)	(6,519)	(2,058)	(12,776)
Operating income/ (loss)	5,342	(6,575)	9,264	(4,454)
Share of profit / (loss) of associates	(16)	47	988	86
Interest expense, net	(3,372)	(4,114)	(11,864)	(11,518)
Exchange gain / (loss), net	(1,880)	705	(2,558)	(2,441)
Profit/(Loss) before income taxes	74	(9,937)	(4,170)	(18,327)
Income tax expense	3,436	953	4,550	1,519
Net Income (Loss)	(3,362)	(10,890)	(8,720)	(19,846)
Net income/(loss) attributable to non-controlling interests	(575)	11	1,007	916
Net loss attributable to Startek shareholders	(2,787)	(10,901)	(9,727)	(20,762)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(1,899)	(2,049)	(1,299)	(5,528)
Change in fair value of derivative instruments	(298)	(562)	50	(562)
Pension amortization	(9)	(483)	(70)	(1,263)
Comprehensive loss	(5,568)	(13,984)	(10,039)	(27,199)
Comprehensive income (loss) attributable to non-controlling interests	(594)	(251)	962	297
Comprehensive loss attributable to Startek shareholders	$ (4,974)	$ (13,733)	$ (11,001)	$ (27,496)
Net loss per common share - basic and diluted (in dollars per share)	$ (0.07)	$ (0.32)	$ (0.26)	$ (0.76)
Weighted average common shares outstanding - basic and diluted (in shares)	38,467	33,812	38,011	27,289

Condensed Consolidated Balance

Condensed Consolidated Balance Sheet (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 17,795	$ 16,617
Restricted cash	10,582	7,952
Trade accounts receivable, net	105,574	107,836
Unbilled Revenue	42,814	42,135
Prepaid and other current assets	15,082	18,850
Total current assets	191,847	193,390
Property, plant and equipment, net	35,745	42,242
Operating lease Right-of-use assets	66,647	0
Intangible assets, net	113,410	121,336
Goodwill	226,513	225,450
Investment in associates	1,739	2,097
Deferred tax assets, net	5,052	5,048
Prepaid expenses and other non-current assets	18,761	15,076
Total assets	659,714	604,639
Current liabilities:
Trade accounts payable	20,965	26,886
Accrued expenses and other current liabilities	79,805	84,881
Short term debt	25,213	21,975
Current maturity of long term debt	16,900	9,800
Current maturity of operating lease liabilities	19,838	0
Current maturity of finance lease obligations	658	1,816
Total current liabilities	163,379	145,358
Long term debt	141,632	152,100
Operating lease liabilities	47,782	0
Other non-current liabilities	12,581	11,907
Deferred tax liabilities, net	19,562	18,901
Total liabilities	384,936	328,266
Commitments and contingencies	0	0
Stockholders’ equity:
Common stock, 60,000,000 non-convertible shares, $0.01 par value, authorized; 38,483,025 and 37,446,323 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	385	374
Additional paid-in capital	275,750	267,317
Accumulated other comprehensive loss	(6,821)	(5,547)
Accumulated deficit	(40,854)	(31,127)
Equity attributable to Startek shareholders	228,460	231,017
Non-controlling interest	46,318	45,356
Total stockholders’ equity	274,778	276,373
Total liabilities and stockholders’ equity	$ 659,714	$ 604,639

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheet (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	38,483,025	37,446,323
Common stock, shares outstanding (in shares)	38,483,025	37,446,323

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Operating Activities
Net loss	$ (3,362)	$ (10,890)	$ (8,720)	$ (19,846)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization			22,056	18,668
Profit on sale of property, plant and equipment			(223)	0
Provision for doubtful accounts			1,238	2,100
Warrant contra revenue	0	0	730	0
Share-based compensation expense			1,151	249
Deferred income taxes			209	(1,284)
Share of profit of associates	16	(47)	(988)	(86)
Changes in operating assets and liabilities:
Trade accounts receivable			(1,529)	3,406
Prepaid expenses and other assets			(950)	5,864
Trade accounts payable			(5,236)	796
Income taxes, net			(2,267)	(5,494)
Accrued expenses and other current liabilities			1,150	(158)
Net cash provided by operating activities			6,621	4,215
Investing Activities
Purchases of property, plant and equipment			(9,027)	(7,430)
Cash and cash equivalents acquired on reverse acquisition			0	1,496
Distributions received from associates			1,317	22
Net cash used in investing activities			(7,710)	(5,912)
Financing Activities
Proceeds from the issuance of common stock			6,563	115
Payments on long term debt			(7,000)	(2,800)
Proceeds from (payments on) other debt, net			5,831	4,577
Net cash provided by financing activities			5,394	1,892
Net increase (decrease) in cash and cash equivalents			4,305	195
Effect of exchange rate changes on cash and cash equivalents and restricted cash			(497)	(1,271)
Cash and cash equivalents and restricted cash at beginning of period			24,569	21,601
Cash and cash equivalents and restricted cash at end of period	28,377	20,525	28,377	20,525
Components of cash and cash equivalents and restricted cash
Balances with banks	17,795	14,133	17,795	14,133
Restricted cash	10,582	6,392	10,582	6,392
Total cash and cash equivalents and restricted cash	$ 28,377	$ 20,525	$ 24,569	$ 21,601

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2017	20,600,100
Balance at Dec. 31, 2017	$ 206	$ 153,704	$ 717	$ (663)	$ 153,964	$ 46,619	$ 200,583
Issuance of common stock (in shares)	234,066
Issuance of common stock	$ 3	113	0	0	116	0	116
Share-based compensation expenses	0	249	0	0	249	0	249
Net income (loss)	0	0	0	(20,762)	(20,762)	916	(19,846)
Other comprehensive loss for the period	$ 0	0	(6,734)	0	(6,734)	(619)	(7,353)
Purchase accounting entries due to the Aegis Transactions (in shares)	16,226,392
Purchase accounting entries due to the Aegis Transactions	$ 162	142,119	0	0	142,281	0	142,281
Balance (in shares) at Sep. 30, 2018	37,060,558
Balance at Sep. 30, 2018	$ 371	296,185	(6,017)	(21,425)	269,114	46,916	316,030
Balance (in shares) at Jun. 30, 2018	20,600,100
Balance at Jun. 30, 2018	$ 206	153,704	(3,185)	(10,524)	140,201	47,167	187,368
Issuance of common stock (in shares)	234,066
Issuance of common stock	$ 3	113	0	0	116	0	116
Share-based compensation expenses	0	249	0	0	249	0	249
Net income (loss)	0	0	0	(10,901)	(10,901)	11	(10,890)
Other comprehensive loss for the period	$ 0	0	(2,832)	0	(2,832)	(262)	(3,094)
Purchase accounting entries due to the Aegis Transactions (in shares)	16,226,392
Purchase accounting entries due to the Aegis Transactions	$ 162	142,119	0	0	142,281	0	142,281
Balance (in shares) at Sep. 30, 2018	37,060,558
Balance at Sep. 30, 2018	$ 371	296,185	(6,017)	(21,425)	269,114	46,916	$ 316,030
Balance (in shares) at Dec. 31, 2018	37,446,323						37,446,323
Balance at Dec. 31, 2018	$ 374	267,317	(5,547)	(31,127)	231,017	45,356	$ 276,373
Issuance of common stock (in shares)	1,036,702
Issuance of common stock	$ 11	6,552	0	0	6,563	0	6,563
Share-based compensation expenses	0	1,151	0	0	1,151	0	1,151
Warrant expenses	0	730	0	0	730	0	730
Net income (loss)	0	0	0	(9,727)	(9,727)	1,007	(8,720)
Other comprehensive loss for the period	$ 0	0	(1,274)	0	(1,274)	(45)	$ (1,319)
Balance (in shares) at Sep. 30, 2019	38,483,025						38,483,025
Balance at Sep. 30, 2019	$ 385	275,750	(6,821)	(40,854)	228,460	46,318	$ 274,778
Balance (in shares) at Jun. 30, 2019	38,452,111
Balance at Jun. 30, 2019	$ 384	275,284	(4,634)	(38,067)	232,967	46,912	279,879
Issuance of common stock (in shares)	30,914
Issuance of common stock	$ 1	96	0	0	97	0	97
Share-based compensation expenses	0	370	0	0	370	0	370
Warrant expenses	0	0	0	0	0	0	0
Net income (loss)	0	0	0	(2,787)	(2,787)	(575)	(3,362)
Other comprehensive loss for the period	$ 0	0	(2,187)	0	(2,187)	(19)	$ (2,206)
Balance (in shares) at Sep. 30, 2019	38,483,025						38,483,025
Balance at Sep. 30, 2019	$ 385	$ 275,750	$ (6,821)	$ (40,854)	$ 228,460	$ 46,318	$ 274,778

Note 1 - Overview and Basis of

Note 1 - Overview and Basis of Preparation	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Unless otherwise noted in this report, any description of "us," "we," or "our," refers to StarTek, Inc. and its subsidiaries (the "Company"). Financial information in this report is presented in U.S. dollars. Business Startek is a global business process outsourcing company that provides omnichannel customer interactions, technology and back-office support solutions for some of the world’s most iconic brands in a variety of vertical markets. Operating under the Startek brand, we help these large global companies connect emotionally with their customers, solve issues, and improve net promoter scores and other customer-facing performance metrics. Through consulting and analytics services, technology-led innovation, and engagement solutions powered by the science of dialogue, we deliver personalized experiences at the point of conversation between our clients and their customers across every interaction channel and phase of the customer journey. Startek has proven results for the multiple services we provide, including sales, order management and provisioning, customer care, technical support, receivables management, and retention programs. We manage programs using a variety of multi-channel customer interactions, including voice, chat, email, social media and back-office support. Startek has facilities in India, United States, Malaysia, Philippines, Australia, South Africa, Canada, Honduras, Jamaica, Kingdom of Saudi Arabia, Argentina, Peru and Sri Lanka. We operate in a single operating segment providing business outsourcing solutions in the customer experience management space. On July 20, 2018, July 20, 2018 July 20, 2018 In addition, on July 20, 2018, On December 13, 2018, 2018 On May 17, 2019, 2019 2019 Basis of preparation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("US-GAAP") for interim financial information and instructions to Form 10 10 X. not These financial statements reflect all adjustments (consisting only of normal recurring entries, except as noted) which, in the opinion of management, are necessary for fair presentation. The results of operations for interim periods are not The consolidated balance sheet as of December 31, 2018 not 10 10 nine December 31, 2018

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. Principles of consolidation The consolidated financial statements reflect the financial results of all subsidiaries that are more than 50% not 100%, 10 nine December 31, 2018 March 14, 2019. Use of Estimates The preparation of condensed consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. Significant items subject to such estimates and assumptions include the useful lives of property, plant and equipment, intangibles, impairment of goodwill, purchase price allocations, provision for doubtful receivables, valuation allowances for deferred tax assets, the valuation of derivative financial instruments, measurements of stock-based compensation, assets and obligations related to employee benefits, lease termination liabilities, restructuring costs, and income tax uncertainties and other contingencies. Management believes that the estimates used in the preparation of the consolidated financial statements are reasonable. Although these estimates are based upon management’s best knowledge of current events and actions, actual results could differ from these estimates. Any changes in estimates are adjusted prospectively in the Company’s consolidated financial statements. Revenue On April 1, 2018, 606, 606 606 five 5 Consistent with the modified retrospective method of adoption, the Company has not Leases On January 1, 2019, 842, , 842 . 840. We determine if an arrangement is a lease at inception. Operating leases are included in right-of-use (“ROU”) assets, current maturity of operating lease liabilities, and operating lease liabilities in our consolidated balance sheets. Finance leases are included in property plant and equipment, long-term debt, accrued expenses and other current liabilities in our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of remaining lease payments over the balance lease term. As most of our leases do not may We have lease agreements with lease and non-lease components, which are generally accounted for separately. Business Combinations The Company accounts for business combinations under the acquisition method of accounting in accordance with ASC 805, Goodwill and Intangible Assets Goodwill is recognized as the excess cost of an acquired entity over the net amount assigned to assets acquired and liabilities assumed and not first not" Intangible assets acquired in a business combination were recorded at fair value at acquisition date using generally accepted valuation methods appropriate for the type of intangible asset. Intangible assets with definite lives are amortized over the estimated useful lives and are reviewed for impairment at least annually, or more frequently if indicators of impairment arise. Foreign Currency Matters The Company has operations in Argentina and its functional currency has historically been the Argentine Peso. The Company monitors inflation rates in countries in which it operates as required by US GAAP. Under ASC 830 10 45 12, three 100%. In May 2018, April 2018. May 2018, three 100%. Therefore, the Company has considered Argentina to be highly inflationary beginning on July 1, 2018. 830, not Stock-Based Compensation We recognize expense related to all share-based payments to employees, including grants of employee stock options, based on the grant-date fair values amortized straight-line over the period during which the employees are required to provide services in exchange for the equity instruments. We include an estimate of forfeitures when calculating compensation expense. We use the Black-Scholes method for valuing stock-based awards. See Note 11, Common Stock Warrant Accounting We account for common stock warrants as equity instruments, based on the specific terms of our warrant agreement. For more information refer to Note 11, Recent Accounting Pronouncements In August 2018, 2018 14, Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715 20 2018 14” no No. 2018 14 December 15, 2020. No. 2018 14 In June 2016, Financial Instruments - Credit Losses (Topic 326 , Measurement of Credit Losses on Financial Instruments. December 15, 2019, December 15, 2018, not In August 2018, No. 2018 13, January 1, 2020, 2020.

Note 3 - Business Acquisitions

Note 3 - Business Acquisitions	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Business Combination Disclosure [Text Block]	3. Aegis Transactions On July 20, 2018, 2018 2019 In accordance with ASC 805, July 20, 2018. The fair value of the purchase consideration is calculated based on the Company's stock price as it is considered to be more reliably determinable than the fair value of Aegis' private stock. Consideration is calculated based on the Company's closing stock price of $6.81 on July 20, 2018. The following table presents the purchase price and the fair value of the identifiable assets and liabilities: Amount Stock consideration (number of shares outstanding immediately prior the closing date) 16,226,392 Closing share price on July 20, 2018 $ 6.81 Total allocable purchase price $ 110,502 Amount Cash and cash equivalents $ 1,496 Other current assets 46,094 Property, plant and equipment, net 15,930 Identifiable intangible assets 28,960 Goodwill 64,345 Other non-current assets 3,204 Current liabilities (22,548 ) Non-current liabilities (26,979 ) Purchase price $ 110,502 The goodwill recognized was attributable primarily to the acquired workforce, increased utilization of our global delivery platform and other synergistic benefits. Goodwill from this acquisition is not

Note 4 - Goodwill and Intangibl

Note 4 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	4. Goodwill As of September 30, 2019 Reporting Units Amount Aegis 162,168 StarTek 64,345 Ending balance, September 30, 2019 $226,513 We perform a goodwill impairment analysis at least annually (in the fourth five may As of September 30, 2019 not The following table presents the changes in goodwill during the period: Amount Opening balance, December 31, 2018 $ 225,450 Measurement period adjustments 1,063 Ending balance, September 30, 2019 $ 226,513 Intangible Assets The following table presents our intangible assets as of September 30, 2019 Gross Intangibles Accumulated Amortization Net Intangibles Weighted Average Amortization Period (years) Customer relationships $ 65,050 $ 9,193 $ 55,857 6.5 Brand 49,500 6,809 42,691 7.1 Trademarks 14,410 1,209 13,201 7.5 Other intangibles 2,100 439 1,661 4.9 $ 131,060 $ 17,650 $ 113,410 $ - Expected future amortization of intangible assets as of September 30, 2019 Years Ending December 31, Amount Remainder of 2019 $ 2,584 2020 10,277 2021 10,277 2022 10,277 2023 10,236 Thereafter 69,759 In August 2019,

Note 5 - Revenue

Note 5 - Revenue	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	5. The company follows a five 606, Contracts with Customers All of the Company's revenues are derived from written contracts with our customers. Generally speaking, our contracts document our customers' intent to utilize our services and the relevant terms and conditions under which our services will be provided. Our contracts generally do not may ninety Our contracts give us the right to bill for services rendered during the period, which for the majority of our customers is a calendar month, with a few customers specifying a fiscal month. Our payment terms vary by client and generally range from due upon receipt to 60 90 Performance Obligations We have identified one Our stand-ready obligation involves outsourcing of the entire customer care life cycle, including: • The identification, operation, management and maintenance of facilities, IT equipment, and IT and telecommunications infrastructure • Management of the entire human resources function, including recruiting, hiring, training, supervising, evaluating, coaching, retaining, compensating, providing employee benefits programs, and disciplinary activities These activities are all considered an integral part of the production activities required in the service of standing ready to accept calls as and when they are directed to us by our clients. Revenue Recognition Methods Because our customers receive and consume the benefit of our services as they are performed and we have the contractual right to invoice for services performed to date, we have concluded that our performance obligation is satisfied over time. Accordingly, we recognize revenue for our services in the month they are performed. This is consistent with our prior revenue recognition model. We are generally entitled to invoice for our services on a monthly basis. We invoice according to the hourly and/or per transaction rates stated in each contract for the various activities we perform. Some contracts include opportunities to earn bonuses or include parameters under which we will incur penalties related to performance in any given month. Bonus or penalty amounts are based on the current month’s performance. Formulas are included in the contracts for calculation of any bonus or penalty. There is no Practical expedients and exemptions Because the Company’s contracts are essentially month-to-month, we have elected the following practical expedients: • ASC 606 10 50 14 one • ASC 340 40 25 4 one • ASC 606 10 32 2A • ASC 606 10 55 18 may Disaggregated Revenue Revenues by our clients' industry vertical for the three nine September 30, 2019 2018 Three Months Ended September 30, Nine Months Ended September 30, Vertical: 2019 2018 2019 2018 Telecom 61,439 73,613 191,684 198,374 E-commerce & Consumer 27,530 18,206 76,249 34,269 Financial & Business Services 12,392 14,250 38,957 42,432 Media & Cable 23,408 16,744 68,752 22,752 Travel & Hospitality 18,244 15,292 52,133 42,299 Healthcare & Education 11,880 7,690 30,761 12,634 Technology, IT & Related Services 3,063 2,404 8,958 5,225 All other segments 6,674 3,310 19,560 18,842 Gross Revenue 164,630 151,509 487,054 376,827 Less: Warrant Contra Revenue 0 - (730 ) - Net Revenue $ 164,630 $ 151,509 $ 486,324 $ 376,827

Note 6 - Net Loss Per Share

Note 6 - Net Loss Per Share	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	6. Basic net loss per common share is computed based on our weighted average number of common shares outstanding. Diluted earnings per share is computed based on our weighted average number of common shares outstanding plus the effect of dilutive stock options, non-vested restricted stock, and deferred stock units, using the treasury stock method. When a net loss is reported, potentially issuable common shares are excluded from the computation of diluted earnings per share as their effect would be anti-dilutive. In connection with the Aegis Transactions, the Company maintained Startek's 2008 11, three nine September 30, 2019 not Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Anti-dilutive securities: Stock options 2,637 5 2,637 298

Note 7 - Restructuring and Othe

Note 7 - Restructuring and Other Merger Related Cost	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	7. The table below summarizes the balance of accrued restructuring and other acquisition related cost, which is included in other accrued liabilities in our consolidated balance sheets, and the changes during the nine September 30, 2019 Employee related Facilities related Total Balance as of December 31, 2018 $ 760 $ 2,268 $ 3,028 Accruals/(reversals) 1,991 78 2,069 Payments (1,973 ) (1,657 ) (3,630 ) Balance as of September 30, 2019 $ 778 $ 689 $ 1,467 Employee related In 2018 fourth 2019 In March 2019 one fourth 2019 Facilities related In 2018 first 2021. Upon closure of site in Argentina, the Company recognized provision for facility related costs and we expect to pay the remaining costs of $65 by the end of the fourth 2019

Note 8 - Derivative Instruments

Note 8 - Derivative Instruments	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	8. Cash flow hedges Our locations in Canada and the Philippines primarily serve US-based clients. The revenues from these clients is billed and collected in US Dollars, but the expenses related to these revenues are paid in Canadian Dollars and Philippine Pesos. We enter into derivative contracts, in the form of forward contracts and range forward contracts (a transaction where both a call option is purchased and a put option is sold) to mitigate this foreign currency exchange risk. The contracts cover periods commensurate with expected exposure, generally three twelve Unrealized gains and losses are recorded in accumulated other comprehensive income (“AOCI”) and will be re-classified to operations as the forecasted expenses are incurred, typically within one nine September 30, 2019 2018 not The following table shows the notional amount of our foreign exchange cash flow hedging instruments as of September 30, 2019 Local Currency Notional Amount U.S. Dollar Notional Amount Philippine Peso 1,327,000 24,821 Canadian Dollar 2,171 1,622 $ 26,443 Derivative assets and liabilities associated with our hedging activities are measured at gross fair value as described in Note 9, Non-designated hedges We have also entered into foreign currency range forward contracts and interest swap contract as required by our lenders. These hedges are not 815, Derivatives and Hedging. not Unrealized gains and losses and changes in fair value of these derivatives are recognized as incurred in Exchange gains (losses), net in the Consolidated Statements of Comprehensive Income (Loss). The following table presents these amounts for the three nine September 30, 2019 2018 Derivatives not designated under ASC 815 For the Three Months Ended September 30, 2019 For the Three Months Ended September 30, 2018 For the Nine Months Ended September 30, 2019 For the Nine Months Ended September 30, 2018 Foreign currency forward contracts $ 393 $ 1,046 $ 536 $ 1,046 Interest rate swap $ (6 ) $ (13 ) $ (636 ) $ (27 )

Note 9 - Fair Value Measurement

Note 9 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	9. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy requires that the Company maximize the use of observable inputs and minimize the use of unobservable inputs. The levels of the fair value hierarchy are described below: Level 1 Level 2 not Level 3 Derivative Instruments The values of our derivative instruments are derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such the derivatives are classified as Level 2 The following tables set forth our assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy. These balances are included in Other current assets and Other current liabilities, respectively, on our balance sheet. As of September 30, 2019 Level 1 Level 2 Level 3 Total Assets: Foreign exchange contracts $ — $ 1,960 $ — $ 1,960 Total fair value of assets measured on a recurring basis $ — $ 1,960 $ — $ 1,960 Liabilities: Interest rate swap $ — $ 648 $ — $ 648 Foreign exchange contracts $ — $ 153 $ — $ 153 Total fair value of liabilities measured on a recurring basis $ — $ 801 $ — $ 801 As of December 31, 2018 Level 1 Level 2 Level 3 Total Assets: Foreign exchange contracts $ — $ 1,388 $ — $ 1,388 Total fair value of assets measured on a recurring basis $ — $ 1,388 $ — $ 1,388 Liabilities: Interest rate swap $ — $ 31 $ — $ 31 Foreign exchange contracts $ — $ 276 $ — $ 276 Total fair value of liabilities measured on a recurring basis $ — $ 307 $ — $ 307

Note 10 - Debt

Note 10 - Debt	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Debt Disclosure [Text Block]	10. The below table presents details of the Company's debt: September 30, 2019 December 31, 2018 Short term debt and current portion of long term debt Working capital facilities $ 25,213 $ 21,975 Current maturity of long term debt 16,900 9,800 Current maturity of finance lease obligations 658 1,816 Total $ 42,771 $ 33,591 Long term debt Term loan, net of debt issuance costs $ 108,989 $ 120,462 Equipment loan 1,611 - Secured revolving credit facility 30,901 31,152 Finance lease obligations 131 486 Total $ 141,632 $ 152,100 Working capital facilities The Company has a number of working capital facilities in various countries in which it operates. These facilities provide for a combined borrowing capacity of approximately $33 million for a number of working capital products. These facilities bear interest at benchmark rate plus margins between 3.0% and 4.5% and are due on demand. These facilities are collateralized by various Company assets and have a total outstanding balance of $25.2 million as of September 30, 2019 Term loan On October 27, 2017, five November 22, 2017 six first Principal payments due on the term loan are as follows: Years Amount Remainder of 2019 2,800 2020 16,800 2021 21,000 2022 88,200 Total $ 128,800 The Term loan has a floating interest rate of USD LIBOR plus 4.5% annually for the first In connection with the Term loan, the Company incurred issuance costs of $7.3 million which are net against the Term loan on the balance sheet. Unamortized debt issuance costs as of September 30, 2019 Secured revolving credit facility The Company has a secured revolving credit facility which is effective through March 2022. may no may may As of September 30, 2019 one We have entered into factoring agreements with financial institutions to sell certain of our accounts receivable under non-recourse agreements. These transactions are accounted for as a reduction in accounts receivable because the agreements transfer effective control over and risk related to the receivables to the buyers. We do not nine September 30, 2019 BMO Equipment Loan On December 27, 2018, January 2019 Finance lease obligations From time to time and when management believes it to be advantageous, we may

Note 11 - Share-based Compensat

Note 11 - Share-based Compensation	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	11. Amazon Warrant On January 23, 2018, 2019 4,000,000 third The first 2019 January 23, 2026. The second May 31, 2019. 505 718. The Warrant provides for net share settlement that, if elected by the holders, will reduce the number of shares issued upon exercise to reflect net settlement of the exercise price. The Warrant provides for certain adjustments that may Because the Warrant contains performance criteria (i.e. aggregate purchase levels) which Amazon and/or any of its affiliates must achieve for the Warrant Shares to vest, as detailed above, the final measurement date for each tranche of the Warrant Shares is the date on which performance is completed. Prior to the final measurement date, when achievement of the performance criteria has been deemed probable, a reduction in revenue equal to the percentage of completion to date will be recognized. The fair value of the Warrant Shares will be adjusted at each reporting period until they are earned. Share-based compensation Our share-based compensation arrangements include grants of stock options, restricted stock units and deferred stock units under the StarTek, Inc. 2008 nine September 30, 2019 September 30, 2019

Note 12 - Accumulated Other Com

Note 12 - Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	12. Accumulated other comprehensive loss consisted of the following items: Foreign Currency Translation Adjustment Derivatives Accounted for as Cash Flow Hedges Defined Benefit Plan Equity attributable to Startek shareholders Non-controlling interests Total Balance at December 31, 2018 $ (3,989 ) $ (15 ) $ (1,543 ) $ (5,547 ) $ (1,243 ) $ (6,790 ) Foreign currency translation (1,299 ) - - (1,299 ) - (1,299 ) Change in fair value of derivative instruments - 50 - 50 - 50 Pension remeasurement - - (25 ) (25 ) (45 ) (70 ) Balance at September 30, 2019 $ (5,288 ) $ 35 $ (1,568 ) $ (6,821 ) $ (1,288 ) $ (8,109 )

Note 13 - Segment and Geographi

Note 13 - Segment and Geographical Information	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	13. The Company provides business process outsourcing services (“BPO”) to clients in a variety of industries and geographical locations. Our approach is focused on providing our clients with the best possible combination of services and delivery locations to meet our clients' needs in the best and most efficient manner. Our Chief Executive Officer, who has been identified as the Chief Operating Decision Maker ("CODM"), reviews financial information mainly on a consolidated basis. Based on our evaluation of the facts and circumstances, the Company has concluded that it has a single The Group prepares its geographical information in conformity with the accounting policies adopted for preparing and presenting the consolidated financial statements of the Group as a whole. Revenues by geography, based on the location of the Company's delivery centers for the three nine September 30, 2019 2018 Three Months Ended For the Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Revenue: India 27,397 31,106 81,818 97,422 Middle East 31,815 31,189 97,150 93,178 Malaysia 19,392 14,911 52,588 43,263 Argentina 9,969 12,728 31,283 44,746 United States 27,119 22,475 81,301 22,475 Australia 6,895 8,717 20,850 27,152 Philippines 18,570 13,235 51,996 13,235 Rest of World 23,472 17,148 69,339 35,356 Total $ 164,630 $ 151,509 $ 486,324 $ 376,827 Property, plant and equipment, net by geography based on the location of the assets is presented below: As on As on September 30, 2019 December 31, 2018 Property, plant and equipment, net: India 11,115 13,287 Middle East 5,028 6,507 Malaysia 4,478 5,058 Argentina 1,276 1,341 United States 3,731 5,349 Australia 229 345 Philippines 1,858 2,835 Rest of World 8,030 7,519 Total $ 35,745 $ 42,242

Note 14 - Leases

Note 14 - Leases	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	14. We have operating and finance leases for service centers, corporate offices and certain equipment. Our leases have remaining lease terms of 1 year to 10 years, some of which include options to extend the leases for up to 3-5 years, and some of which include options to terminate the leases within 1 year. The components of lease expense were as follows: Nine months ended September 30, 2019 Operating lease cost $ 23,064 Finance lease cost: Amortization of right-of-use assets 1,257 Interest on lease liabilities 71 Total finance lease cost 1,328 Supplemental cash flow information related to leases was as follows: Nine months ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases 22,783 Operating cash flow from finance leases 71 Financing cash flows from finance leases 1,831 Right-of-use assets obtained in exchange for lease obligations: Operating leases 66,647 Finance lease - Supplemental balance sheet information related to leases was as follows: As of September 30, 2019 Operating Leases Operating lease right-of-use assets $ 66,647 Operating Lease Liabilities-Current 19,838 Operating Lease Liabilities-Non-Current 47,782 Total operating lease liabilities $ 67,620 Finance Leases Property and equipment, at cost 11,261 Accumulated depreciation (9,736 ) Property and equipment, at net $ 1,525 Finance Lease Obligation-Current 658 Finance Lease Obligation-Non Current 131 Total finance lease liabilities $ 789 As of September 30, 2019 Weighted average remaining lease term Operating leases 4.59 yrs Finance leases 2.17 yrs Weighted average discount rate Operating leases 7.43 % Finance leases 6.01 % Maturities of lease liabilities were as follows: Operating leases Finance leases Year ending December, 31 Remaining of 2019 $ 24,094 $ 390 2020 17,406 362 2021 11,434 63 2022 9,327 8 2023 6,513 - Thereafter 10,093 - Total lease payments $ 78,867 $ 823 Less imputed interest (11,247 ) (34 ) Total $ 67,620 $ 789

Note 15 - Subsequent Event

Note 15 - Subsequent Event	9 Months Ended
	Sep. 30, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	15. None

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of consolidation The consolidated financial statements reflect the financial results of all subsidiaries that are more than 50% not 100%, 10 nine December 31, 2018 March 14, 2019.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of condensed consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. Significant items subject to such estimates and assumptions include the useful lives of property, plant and equipment, intangibles, impairment of goodwill, purchase price allocations, provision for doubtful receivables, valuation allowances for deferred tax assets, the valuation of derivative financial instruments, measurements of stock-based compensation, assets and obligations related to employee benefits, lease termination liabilities, restructuring costs, and income tax uncertainties and other contingencies. Management believes that the estimates used in the preparation of the consolidated financial statements are reasonable. Although these estimates are based upon management’s best knowledge of current events and actions, actual results could differ from these estimates. Any changes in estimates are adjusted prospectively in the Company’s consolidated financial statements.
Revenue from Contract with Customer [Policy Text Block]	Revenue On April 1, 2018, 606, 606 606 five 5 Consistent with the modified retrospective method of adoption, the Company has not
Lessee, Leases [Policy Text Block]	Leases On January 1, 2019, 842, , 842 . 840. We determine if an arrangement is a lease at inception. Operating leases are included in right-of-use (“ROU”) assets, current maturity of operating lease liabilities, and operating lease liabilities in our consolidated balance sheets. Finance leases are included in property plant and equipment, long-term debt, accrued expenses and other current liabilities in our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of remaining lease payments over the balance lease term. As most of our leases do not may We have lease agreements with lease and non-lease components, which are generally accounted for separately.
Business Combinations Policy [Policy Text Block]	Business Combinations The Company accounts for business combinations under the acquisition method of accounting in accordance with ASC 805,
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Intangible Assets Goodwill is recognized as the excess cost of an acquired entity over the net amount assigned to assets acquired and liabilities assumed and not first not" Intangible assets acquired in a business combination were recorded at fair value at acquisition date using generally accepted valuation methods appropriate for the type of intangible asset. Intangible assets with definite lives are amortized over the estimated useful lives and are reviewed for impairment at least annually, or more frequently if indicators of impairment arise.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Matters The Company has operations in Argentina and its functional currency has historically been the Argentine Peso. The Company monitors inflation rates in countries in which it operates as required by US GAAP. Under ASC 830 10 45 12, three 100%. In May 2018, April 2018. May 2018, three 100%. Therefore, the Company has considered Argentina to be highly inflationary beginning on July 1, 2018. 830, not
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation We recognize expense related to all share-based payments to employees, including grants of employee stock options, based on the grant-date fair values amortized straight-line over the period during which the employees are required to provide services in exchange for the equity instruments. We include an estimate of forfeitures when calculating compensation expense. We use the Black-Scholes method for valuing stock-based awards. See Note 11,
Common Stock Warrant Accounting, Policy [Policy Text Block]	Common Stock Warrant Accounting We account for common stock warrants as equity instruments, based on the specific terms of our warrant agreement. For more information refer to Note 11,
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In August 2018, 2018 14, Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715 20 2018 14” no No. 2018 14 December 15, 2020. No. 2018 14 In June 2016, Financial Instruments - Credit Losses (Topic 326 , Measurement of Credit Losses on Financial Instruments. December 15, 2019, December 15, 2018, not In August 2018, No. 2018 13, January 1, 2020, 2020.

Note 3 - Business Acquisitions

Note 3 - Business Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Amount Stock consideration (number of shares outstanding immediately prior the closing date) 16,226,392 Closing share price on July 20, 2018 $ 6.81 Total allocable purchase price $ 110,502 Amount Cash and cash equivalents $ 1,496 Other current assets 46,094 Property, plant and equipment, net 15,930 Identifiable intangible assets 28,960 Goodwill 64,345 Other non-current assets 3,204 Current liabilities (22,548 ) Non-current liabilities (26,979 ) Purchase price $ 110,502

Note 4 - Goodwill and Intangi_2

Note 4 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Schedule of Goodwill [Table Text Block]	Reporting Units Amount Aegis 162,168 StarTek 64,345 Ending balance, September 30, 2019 $226,513 Amount Opening balance, December 31, 2018 $ 225,450 Measurement period adjustments 1,063 Ending balance, September 30, 2019 $ 226,513
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Gross Intangibles Accumulated Amortization Net Intangibles Weighted Average Amortization Period (years) Customer relationships $ 65,050 $ 9,193 $ 55,857 6.5 Brand 49,500 6,809 42,691 7.1 Trademarks 14,410 1,209 13,201 7.5 Other intangibles 2,100 439 1,661 4.9 $ 131,060 $ 17,650 $ 113,410 $ -
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Years Ending December 31, Amount Remainder of 2019 $ 2,584 2020 10,277 2021 10,277 2022 10,277 2023 10,236 Thereafter 69,759

Note 5 - Revenue (Tables)

Note 5 - Revenue (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, Vertical: 2019 2018 2019 2018 Telecom 61,439 73,613 191,684 198,374 E-commerce & Consumer 27,530 18,206 76,249 34,269 Financial & Business Services 12,392 14,250 38,957 42,432 Media & Cable 23,408 16,744 68,752 22,752 Travel & Hospitality 18,244 15,292 52,133 42,299 Healthcare & Education 11,880 7,690 30,761 12,634 Technology, IT & Related Services 3,063 2,404 8,958 5,225 All other segments 6,674 3,310 19,560 18,842 Gross Revenue 164,630 151,509 487,054 376,827 Less: Warrant Contra Revenue 0 - (730 ) - Net Revenue $ 164,630 $ 151,509 $ 486,324 $ 376,827

Note 6 - Net Loss Per Share (Ta

Note 6 - Net Loss Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Anti-dilutive securities: Stock options 2,637 5 2,637 298

Note 7 - Restructuring and Ot_2

Note 7 - Restructuring and Other Merger Related Cost (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Restructuring and Related Costs [Table Text Block]	Employee related Facilities related Total Balance as of December 31, 2018 $ 760 $ 2,268 $ 3,028 Accruals/(reversals) 1,991 78 2,069 Payments (1,973 ) (1,657 ) (3,630 ) Balance as of September 30, 2019 $ 778 $ 689 $ 1,467

Note 8 - Derivative Instrumen_2

Note 8 - Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]	Local Currency Notional Amount U.S. Dollar Notional Amount Philippine Peso 1,327,000 24,821 Canadian Dollar 2,171 1,622 $ 26,443
Schedule of Derivative Instruments [Table Text Block]	Derivatives not designated under ASC 815 For the Three Months Ended September 30, 2019 For the Three Months Ended September 30, 2018 For the Nine Months Ended September 30, 2019 For the Nine Months Ended September 30, 2018 Foreign currency forward contracts $ 393 $ 1,046 $ 536 $ 1,046 Interest rate swap $ (6 ) $ (13 ) $ (636 ) $ (27 )

Note 9 - Fair Value Measureme_2

Note 9 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	As of September 30, 2019 Level 1 Level 2 Level 3 Total Assets: Foreign exchange contracts $ — $ 1,960 $ — $ 1,960 Total fair value of assets measured on a recurring basis $ — $ 1,960 $ — $ 1,960 Liabilities: Interest rate swap $ — $ 648 $ — $ 648 Foreign exchange contracts $ — $ 153 $ — $ 153 Total fair value of liabilities measured on a recurring basis $ — $ 801 $ — $ 801 As of December 31, 2018 Level 1 Level 2 Level 3 Total Assets: Foreign exchange contracts $ — $ 1,388 $ — $ 1,388 Total fair value of assets measured on a recurring basis $ — $ 1,388 $ — $ 1,388 Liabilities: Interest rate swap $ — $ 31 $ — $ 31 Foreign exchange contracts $ — $ 276 $ — $ 276 Total fair value of liabilities measured on a recurring basis $ — $ 307 $ — $ 307

Note 10 - Debt (Tables)

Note 10 - Debt (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Schedule of Debt [Table Text Block]	September 30, 2019 December 31, 2018 Short term debt and current portion of long term debt Working capital facilities $ 25,213 $ 21,975 Current maturity of long term debt 16,900 9,800 Current maturity of finance lease obligations 658 1,816 Total $ 42,771 $ 33,591 Long term debt Term loan, net of debt issuance costs $ 108,989 $ 120,462 Equipment loan 1,611 - Secured revolving credit facility 30,901 31,152 Finance lease obligations 131 486 Total $ 141,632 $ 152,100
Contractual Obligation, Fiscal Year Maturity [Table Text Block]	Years Amount Remainder of 2019 2,800 2020 16,800 2021 21,000 2022 88,200 Total $ 128,800

Note 12 - Accumulated Other C_2

Note 12 - Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Foreign Currency Translation Adjustment Derivatives Accounted for as Cash Flow Hedges Defined Benefit Plan Equity attributable to Startek shareholders Non-controlling interests Total Balance at December 31, 2018 $ (3,989 ) $ (15 ) $ (1,543 ) $ (5,547 ) $ (1,243 ) $ (6,790 ) Foreign currency translation (1,299 ) - - (1,299 ) - (1,299 ) Change in fair value of derivative instruments - 50 - 50 - 50 Pension remeasurement - - (25 ) (25 ) (45 ) (70 ) Balance at September 30, 2019 $ (5,288 ) $ 35 $ (1,568 ) $ (6,821 ) $ (1,288 ) $ (8,109 )

Note 13 - Segment and Geograp_2

Note 13 - Segment and Geographical Information (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended For the Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Revenue: India 27,397 31,106 81,818 97,422 Middle East 31,815 31,189 97,150 93,178 Malaysia 19,392 14,911 52,588 43,263 Argentina 9,969 12,728 31,283 44,746 United States 27,119 22,475 81,301 22,475 Australia 6,895 8,717 20,850 27,152 Philippines 18,570 13,235 51,996 13,235 Rest of World 23,472 17,148 69,339 35,356 Total $ 164,630 $ 151,509 $ 486,324 $ 376,827 As on As on September 30, 2019 December 31, 2018 Property, plant and equipment, net: India 11,115 13,287 Middle East 5,028 6,507 Malaysia 4,478 5,058 Argentina 1,276 1,341 United States 3,731 5,349 Australia 229 345 Philippines 1,858 2,835 Rest of World 8,030 7,519 Total $ 35,745 $ 42,242

Note 14 - Leases (Tables)

Note 14 - Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Notes Tables
Lease, Cost [Table Text Block]	Nine months ended September 30, 2019 Operating lease cost $ 23,064 Finance lease cost: Amortization of right-of-use assets 1,257 Interest on lease liabilities 71 Total finance lease cost 1,328 Nine months ended September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases 22,783 Operating cash flow from finance leases 71 Financing cash flows from finance leases 1,831 Right-of-use assets obtained in exchange for lease obligations: Operating leases 66,647 Finance lease -
Assets And Liabilities, Lessee [Table Text Block]	As of September 30, 2019 Operating Leases Operating lease right-of-use assets $ 66,647 Operating Lease Liabilities-Current 19,838 Operating Lease Liabilities-Non-Current 47,782 Total operating lease liabilities $ 67,620 Finance Leases Property and equipment, at cost 11,261 Accumulated depreciation (9,736 ) Property and equipment, at net $ 1,525 Finance Lease Obligation-Current 658 Finance Lease Obligation-Non Current 131 Total finance lease liabilities $ 789 As of September 30, 2019 Weighted average remaining lease term Operating leases 4.59 yrs Finance leases 2.17 yrs Weighted average discount rate Operating leases 7.43 % Finance leases 6.01 %
Finance Lease, Liability, Maturity [Table Text Block]	Operating leases Finance leases Year ending December, 31 Remaining of 2019 $ 24,094 $ 390 2020 17,406 362 2021 11,434 63 2022 9,327 8 2023 6,513 - Thereafter 10,093 - Total lease payments $ 78,867 $ 823 Less imputed interest (11,247 ) (34 ) Total $ 67,620 $ 789

Note 1 - Overview and Basis o_2

Note 1 - Overview and Basis of Preparation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	May 17, 2019	Dec. 13, 2018	Jul. 20, 2018	Sep. 30, 2019	Dec. 31, 2018	Jan. 23, 2018
Common Stock, Par or Stated Value Per Share				$ 0.01	$ 0.01	$ 0.01
The 2019 Equity Offering [Member]
Sale of Stock, Number of Shares Issued in Transaction	692,520
Common Stock [Member] | Aegis Stockholder [Member] | The 2018 Equity Offering [Member]
Sale of Stock, Percentage of Ownership after Transaction		56.00%
Aegis [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			16,226,392
Business Acquisition, Share Price			$ 6.81
Aegis [Member] | Common Stock [Member]
Business Acquisition, Share Price			$ 12
Payments to Acquire Businesses, Gross			$ 2,000
Aegis [Member] | Common Stock [Member] | Aegis Stockholder [Member]
Sale of Stock, Percentage of Ownership after Transaction			55.00%
Aegis Stockholder [Member] | The 2018 Equity Offering [Member]
Sale of Stock, Number of Shares Issued in Transaction		368,098
Sale of Stock, Price Per Share		$ 6.52
Sale of Stock, Consideration Received on Transaction		$ 2,400
Aegis Stockholder [Member] | The 2019 Equity Offering [Member]
Sale of Stock, Number of Shares Issued in Transaction	100,267
Sale of Stock, Price Per Share	$ 7.48
Sale of Stock, Consideration Received on Transaction	$ 5,180
Aegis Stockholder [Member] | Aegis [Member]
Common Stock, Par or Stated Value Per Share			$ 1
Aegis Stockholder [Member] | Aegis [Member] | Common Stock [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			20,600,000
Business Acquisition, Equity Interests Issued or Issuable, Number of Additional Shares Issued			166,667
Common Stock, Ownership By Investor, Shares	21,235,032		20,766,667

Note 3 - Business Acquisition_2

Note 3 - Business Acquisitions (Details Textual) - Aegis [Member] - USD ($) $ / shares in Units, $ in Millions	Jul. 20, 2018	May 17, 2019
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	16,226,392
Business Acquisition, Share Price	$ 6.81
Common Stock [Member]
Business Acquisition, Share Price	$ 12
Payments to Acquire Businesses, Gross	$ 2
Common Stock [Member] | Aegis Stockholder [Member]
Sale of Stock, Percentage of Ownership after Transaction	55.00%
Aegis Stockholder [Member] | Common Stock [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	20,600,000
Business Acquisition, Equity Interests Issued or Issuable, Number of Additional Shares Issued	166,667
Common Stock, Ownership By Investor, Shares	20,766,667	21,235,032

Note 3 - Business Acquisition_3

Note 3 - Business Acquisitions - Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 20, 2018	Sep. 30, 2019	Dec. 31, 2018
Goodwill		$ 226,513	$ 225,450
Aegis [Member]
Stock consideration (number of shares outstanding immediately prior the closing date) (in shares)	16,226,392
Closing share price on July 20, 2018 (in dollars per share)	$ 6.81
Total allocable purchase price	$ 110,502
Cash and cash equivalents	1,496
Other current assets	46,094
Property, plant and equipment, net	15,930
Identifiable intangible assets	28,960
Goodwill	64,345
Other non-current assets	3,204
Current liabilities	(22,548)
Non-current liabilities	(26,979)
Purchase price	$ 110,502

Note 4 - Goodwill and Intangi_3

Note 4 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Goodwill, Ending Balance	$ 226,513	$ 225,450
Goodwill Impairment Analysis, Period for Which Revenue, Operating Margins and Cash Flows Are Projected	5 years

Note 4 - Goodwill and Intangi_4

Note 4 - Goodwill and Intangible Assets - Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Goodwill	$ 226,513
Goodwill	225,450
Measurement period adjustments	1,063
Goodwill	226,513
Aegis [Member]
Goodwill	162,168
Goodwill	162,168
StarTek [Member]
Goodwill	64,345
Goodwill	$ 64,345

Note 4 - Goodwill and Intangi_5

Note 4 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Gross Intangibles	$ 131,060
Accumulated Amortization	17,650
Net Intangibles	113,410	$ 121,336
Customer Relationships [Member]
Gross Intangibles	65,050
Accumulated Amortization	9,193
Net Intangibles	$ 55,857
Weighted Average Amortization Period (Year)	6 years 6 months
Customer-Related Intangible Assets [Member]
Gross Intangibles	$ 49,500
Accumulated Amortization	6,809
Net Intangibles	$ 42,691
Weighted Average Amortization Period (Year)	7 years 1 month 6 days
Trademarks [Member]
Gross Intangibles	$ 14,410
Accumulated Amortization	1,209
Net Intangibles	$ 13,201
Weighted Average Amortization Period (Year)	7 years 6 months
Other Intangible Assets [Member]
Gross Intangibles	$ 2,100
Accumulated Amortization	439
Net Intangibles	$ 1,661
Weighted Average Amortization Period (Year)	4 years 10 months 24 days

Note 4 - Goodwill and Intangi_6

Note 4 - Goodwill and Intangible Assets - Future Amortization Expense (Details) $ in Thousands	Sep. 30, 2019USD ($)
Remainder of 2019	$ 2,584
2020	10,277
2021	10,277
2022	10,277
2023	10,236
Thereafter	$ 69,759

Note 5 - Revenue - Disaggregate

Note 5 - Revenue - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue	$ 164,630	$ 151,509	$ 487,054	$ 376,827
Less: Warrant Contra Revenue	0	0	(730)	0
Net Revenue	164,630	151,509	486,324	376,827
Communications [Member]
Revenue	61,439	73,613	191,684	198,374
E-Commerce and Consumer [Member]
Revenue	27,530	18,206	76,249	34,269
Financial and Business Service [Member]
Revenue	12,392	14,250	38,957	42,432
Media [Member]
Revenue	23,408	16,744	68,752	22,752
Travel and Hospitality [Member]
Revenue	18,244	15,292	52,133	42,299
Health Care and Education [Member]
Revenue	11,880	7,690	30,761	12,634
Technology, IT and Related Service [Member]
Revenue	3,063	2,404	8,958	5,225
Other Sector [Member]
Revenue	$ 6,674	$ 3,310	$ 19,560	$ 18,842

Note 6 - Net Loss Per Share - S

Note 6 - Net Loss Per Share - Summary of Anti-dilutive Securities (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Share-based Payment Arrangement, Option [Member]
Stock options (in shares)	2,637	5	2,637	298

Note 7 - Restructuring and Ot_3

Note 7 - Restructuring and Other Merger Related Cost (Details Textual) $ in Thousands	Sep. 30, 2019USD ($)
Employee Severance [Member] | Aegis Transaction Agreement [Member]
Restructuring and Related Cost, Expected Cost Remaining	$ 670
Employee Severance [Member] | Closure of Site in Argentina [Member]
Restructuring and Related Cost, Expected Cost Remaining	108
Facility Closing [Member] | Aegis Transaction Agreement [Member]
Restructuring and Related Cost, Expected Cost Remaining	624
Facility Closing [Member] | Closure of Site in Argentina [Member]
Restructuring and Related Cost, Expected Cost Remaining	$ 65

Note 7 - Restructuring and Ot_4

Note 7 - Restructuring and Other Merger Related Cost - Restructuring and Related Costs (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Beginning balance	$ 3,028
Accruals/(reversals)	2,069
Payments	(3,630)
Ending balance	1,467
Employee Severance [Member]
Beginning balance	760
Accruals/(reversals)	1,991
Payments	(1,973)
Ending balance	778
Facility Closing [Member]
Beginning balance	2,268
Accruals/(reversals)	78
Payments	(1,657)
Ending balance	$ 689

Note 8 - Derivative Instrumen_3

Note 8 - Derivative Instruments (Details Textual)	9 Months Ended
	Sep. 30, 2019
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member] | Minimum [Member]
Derivative, Term of Contract	3 months
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member] | Maximum [Member]
Derivative, Term of Contract	12 months
Foreign Exchange Forward [Member] | Maximum [Member] | Not Designated as Hedging Instrument [Member]
Derivative, Term of Contract	3 years

Note 8 - Derivative Instrumen_4

Note 8 - Derivative Instruments - Summary of Notional Amounts of Outstanding Derivative Positions (Details) - Sep. 30, 2019 $ in Thousands, $ in Thousands, ₱ in Millions	USD ($)	PHP (₱)	CAD ($)
Notional amount	$ 26,443
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Philippine Foreign Exchange Contract [Member]
Notional amount	24,821	₱ 1,327
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Canadian Foreign Exchange Contract [Member]
Notional amount	$ 1,622		$ 2,171

Note 8 - Derivative Instrumen_5

Note 8 - Derivative Instruments - Summary of Non-designated Hedges (Details) - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Foreign Exchange Forward [Member]
Realized gains and losses	$ 393	$ 1,046	$ 536	$ 1,046
Interest Rate Swap [Member]
Realized gains and losses	$ (6)	$ (13)	$ (636)	$ (27)

Note 9 - Fair Value Measureme_3

Note 9 - Fair Value Measurements - Assets and Liabilities Measured At Fair Value On a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Total fair value of assets measured on a recurring basis	$ 1,960	$ 1,388
Total fair value of liabilities measured on a recurring basis	801	307
Foreign Exchange Contract [Member]
Derivate asset	1,960	1,388
Derivate liability	153	276
Interest Rate Swap [Member]
Derivate liability	648	31
Fair Value, Inputs, Level 1 [Member]
Total fair value of assets measured on a recurring basis	0	0
Total fair value of liabilities measured on a recurring basis	0	0
Fair Value, Inputs, Level 1 [Member] | Foreign Exchange Contract [Member]
Derivate asset	0	0
Derivate liability	0	0
Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Derivate liability	0	0
Fair Value, Inputs, Level 2 [Member]
Total fair value of assets measured on a recurring basis	1,960	1,388
Total fair value of liabilities measured on a recurring basis	801	307
Fair Value, Inputs, Level 2 [Member] | Foreign Exchange Contract [Member]
Derivate asset	1,960	1,388
Derivate liability	153	276
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Derivate liability	648	31
Fair Value, Inputs, Level 3 [Member]
Total fair value of assets measured on a recurring basis	0	0
Total fair value of liabilities measured on a recurring basis	0	0
Fair Value, Inputs, Level 3 [Member] | Foreign Exchange Contract [Member]
Derivate asset	0	0
Derivate liability	0	0
Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Derivate liability	$ 0	$ 0

Note 10 - Debt (Details Textual

Note 10 - Debt (Details Textual) - USD ($) $ in Thousands	Dec. 27, 2018	Oct. 27, 2017	Sep. 30, 2019	Dec. 31, 2018
Short-term Debt, Total			$ 25,213	$ 21,975
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			50,000
Line of Credit Facility, Additional Borrowing Capacity			70,000
Line of Credit Facility, Incremental Borrowing Amount			5,000
Long-term Line of Credit, Noncurrent			$ 5,000
Line of Credit Facility, Borrowing Base, Accounts Receivable Percentage			95.00%
Long-term Line of Credit, Total			$ 30,900
Line of Credit Facility, Remaining Borrowing Capacity			9,793
Long-term Debt, Gross			4,830
Loans Payable [Member]
Debt Instrument, Face Amount		$ 140,000
Debt Instrument, Term		5 years
Debt Issuance Costs, Net, Total			7,300
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net, Total			$ 4,400
Loans Payable [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		4.50%
Secured Debt [Member]
Debt Instrument, Face Amount	$ 2,060
Debt Instrument, Interest Rate, Stated Percentage	7.57%
Debt Instrument, Convertible, Remaining Discount Amortization Period	2 years 6 months
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member]
Debt Instrument, Basis Spread on Variable Rate			1.50%
Minimum [Member] | Loans Payable [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		3.75%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member]
Debt Instrument, Basis Spread on Variable Rate			1.75%
Maximum [Member] | Loans Payable [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		4.50%
Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 33,000
Short-term Debt, Total			$ 25,200
Line of Credit [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			3.00%
Line of Credit [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate			4.50%

Note 10 - Debt - Summary of Deb

Note 10 - Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Total short term debt	$ 42,771	$ 33,591
Total long term debt	141,632	152,100
Loans Payable [Member]
Total short term debt	16,900	9,800
Total long term debt	108,989	120,462
Capital Lease Obligations [Member]
Total short term debt	658	1,816
Total long term debt	131	486
Commercial Loan [Member]
Total long term debt	1,611	0
Line of Credit [Member]
Total long term debt	30,901	31,152
Working Capital Facilities [Member]
Total short term debt	$ 25,213	$ 21,975

Note 10 - Debt - Principal Paym

Note 10 - Debt - Principal Payments Due on Term Loan (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Total	$ 141,632	$ 152,100
Loans Payable [Member]
Remainder of 2019	2,800
2020	16,800
2021	21,000
2022	88,200
Total	$ 128,800

Note 11 - Share-based Compens_2

Note 11 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jan. 23, 2018	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	May 17, 2019	Dec. 31, 2018
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01		$ 0.01			$ 0.01
Warrant Contra Revenue		$ 0	$ 0	$ 730	$ 0
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount		$ 1,351		$ 1,351
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition				1 year 9 months 18 days
Selling, General and Administrative Expenses [Member]
Share-based Payment Arrangement, Expense				$ 1,151
Amazon Transaction Agreement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	4,000,000					4,002,964
Class of Warrant or Right, Vested During Period	425,532			212,766
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Expected Proceeds from Transaction Required for Vesting	$ 600,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 9.96					$ 9.95
Warrant Contra Revenue				$ 730

Note 12 - Accumulated Other C_3

Note 12 - Accumulated Other Comprehensive Loss - Summary of Accumulated Other Comprehensive Loss (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	$ (3,989)
Foreign currency translation	(1,299)
Change in fair value of derivative instruments	0
Pension remeasurement	0
Balance	(5,288)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	(15)
Foreign currency translation	0
Change in fair value of derivative instruments	50
Pension remeasurement	0
Balance	35
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(1,543)
Foreign currency translation	0
Change in fair value of derivative instruments	0
Pension remeasurement	(25)
Balance	(1,568)
AOCI Attributable to Parent [Member]
Balance	(5,547)
Foreign currency translation	(1,299)
Change in fair value of derivative instruments	50
Pension remeasurement	(25)
Balance	(6,821)
AOCI Attributable to Noncontrolling Interest [Member]
Balance	(1,243)
Foreign currency translation	0
Change in fair value of derivative instruments	0
Pension remeasurement	(45)
Balance	(1,288)
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Balance	(6,790)
Foreign currency translation	(1,299)
Change in fair value of derivative instruments	50
Pension remeasurement	(70)
Balance	$ (8,109)

Note 13 - Segment and Geograp_3

Note 13 - Segment and Geographical Information (Details Textual)	9 Months Ended
	Sep. 30, 2019
Number of Reporting Units	2
Number of Reportable Segments	1
Number of Operating Segments	1

Note 13 - Segment and Geograp_4

Note 13 - Segment and Geographical Information - Summary of Segment Reporting Information, By Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Net Revenue	$ 164,630	$ 151,509	$ 486,324	$ 376,827
Property, plant and equipment, net	35,745		35,745		$ 42,242
INDIA
Net Revenue	27,397	31,106	81,818	97,422
Property, plant and equipment, net	11,115		11,115		13,287
Middle East [Member]
Net Revenue	31,815	31,189	97,150	93,178
Property, plant and equipment, net	5,028		5,028		6,507
Malaysia 1[Member]
Net Revenue	19,392	14,911	52,588	43,263
Property, plant and equipment, net	4,478		4,478		5,058
ARGENTINA
Net Revenue	9,969	12,728	31,283	44,746
Property, plant and equipment, net	1,276		1,276		1,341
UNITED STATES
Net Revenue	27,119	22,475	81,301	22,475
Property, plant and equipment, net	3,731		3,731		5,349
AUSTRALIA
Net Revenue	6,895	8,717	20,850	27,152
Property, plant and equipment, net	229		229		345
PHILIPPINES
Net Revenue	18,570	13,235	51,996	13,235
Property, plant and equipment, net	1,858		1,858		2,835
Rest of World [Member]
Net Revenue	23,472	$ 17,148	69,339	$ 35,356
Property, plant and equipment, net	$ 8,030		$ 8,030		$ 7,519

Note 14 - Leases (Details Textu

Note 14 - Leases (Details Textual)	9 Months Ended
	Sep. 30, 2019
Lessee, Lease, Termination Period	1 year
Minimum [Member]
Lease, Remaining Lease Term	1 year
Lessee, Lease, Renewal Term	3 years
Maximum [Member]
Lease, Remaining Lease Term	10 years
Lessee, Lease, Renewal Term	5 years

Note 14 - Leases - Components o

Note 14 - Leases - Components of Lease Expense (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Operating lease cost	$ 23,064
Amortization of right-of-use assets	1,257
Interest on lease liabilities	71
Total finance lease cost	1,328
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	22,783
Operating cash flow from finance leases	71
Financing cash flows from finance leases	1,831
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	66,647
Finance lease	$ 0

Note 14 - Leases - Supplemental

Note 14 - Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Operating Leases
Operating lease right-of-use assets	$ 66,647	$ 0
Operating Lease Liabilities-Current	19,838	0
Operating Lease Liabilities-Non-Current	47,782	0
Total operating lease liabilities	67,620
Finance Leases
Property and equipment, at cost	11,261
Accumulated depreciation	(9,736)
Property and equipment, at net	1,525
Finance Lease Obligation-Current	658	$ 1,816
Finance Lease Obligation-Non Current	131
Total finance lease liabilities	$ 789
Weighted average remaining lease term
Operating leases (Year)	4 years 7 months 2 days
Finance leases (Year)	2 years 2 months 1 day
Weighted average discount rate
Operating leases	7.43%
Finance leases	6.01%

Note 14 - Leases - Maturities o

Note 14 - Leases - Maturities of Lease Liabilities (Details) $ in Thousands	Sep. 30, 2019USD ($)
Remaining of 2019, Operating leases	$ 24,094
Remaining of 2019, Finance leases	390
2020, Operating leases	17,406
2020, Finance leases	362
2021, Operating leases	11,434
2021, Finance leases	63
2022, Operating leases	9,327
2022, Finance leases	8
2023, Operating leases	6,513
2023, Finance leases	0
Thereafter, Operating leases	10,093
Thereafter, Finance leases	0
Total lease payments, Operating leases	78,867
Total lease payments, Finance leases	823
Less imputed interest, Operating leases	(11,247)
Less imputed interest, Finance leases	(34)
Total, Operating leases	67,620
Total, Finance leases	$ 789