Genpact Limited (G) 10-Q 9 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 29, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	G
Entity Registrant Name	GENPACT LTD
Entity Central Index Key	1,398,659
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		210,520,443

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 429,795	$ 450,907
Accounts receivable, net	605,598	590,137
Prepaid expenses and other current assets	198,535	154,025
Total current assets	1,233,928	1,195,069
Property, plant and equipment, net	179,699	175,396
Deferred tax assets	103,906	99,395
Investment in equity affiliates	8,315	6,677
Intangible assets, net	89,648	98,601
Goodwill	1,055,737	1,038,346
Other assets	172,331	180,005
Total assets	2,843,564	2,793,489
Current liabilities
Short-term borrowings	81,500	21,500
Current portion of long-term debt	39,148	39,134
Accounts payable	9,222	10,086
Income taxes payable	33,079	24,122
Accrued expenses and other current liabilities	427,420	499,638
Total current liabilities	590,369	594,480
Long-term debt, less current portion	727,538	737,332
Deferred tax liabilities	1,977	2,093
Other liabilities	170,455	155,228
Total liabilities	1,490,339	$ 1,489,133
Redeemable non-controlling interest	$ 3,621
Shareholders' equity
Preferred shares, $0.01 par value, 250,000,000 authorized, none issued
Common shares, $0.01 par value, 500,000,000 authorized, 211,472,312 and 210,490,107 issued and outstanding as of December 31, 2015 and March 31, 2016, respectively	$ 2,100	$ 2,111
Additional paid-in capital	1,354,406	1,342,022
Retained earnings	437,043	411,508
Accumulated other comprehensive income (loss)	(443,945)	(451,285)
Total equity	$ 1,349,604	$ 1,304,356
Commitments and contingencies
Total liabilities, redeemable non-controlling interest and equity	$ 2,843,564	$ 2,793,489

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Preferred shares, par value	$ 0.01	$ 0.01
Preferred shares, authorized	250,000,000	250,000,000
Preferred shares, issued	0	0
Common shares, par value	$ 0.01	$ 0.01
Common shares, authorized	500,000,000	500,000,000
Common shares, issued	210,490,107	211,472,312
Common shares, outstanding	210,490,107	211,472,312

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net revenues	$ 609,703	$ 587,153
Cost of revenue	372,848	357,476
Gross profit	236,855	229,677
Operating expenses:
Selling, general and administrative expenses	160,149	148,748
Amortization of acquired intangible assets	6,145	7,341
Other operating (income) expense, net	(5,061)	(462)
Income from operations	75,622	74,050
Foreign exchange gains (losses), net	(998)	(7,545)
Interest income (expense), net	(2,838)	(9,025)
Other income (expense), net	878	458
Income before equity-method investment activity, net and income tax expense	72,664	57,938
Gain (loss) on equity-method investment activity, net	(2,145)	(2,223)
Income before income tax expense	70,519	55,715
Income tax expense	12,243	11,062
Net income	58,276	44,653
Net loss (income) attributable to non-controlling interest	289
Net income attributable to Genpact Limited shareholders	58,565	44,653
Net income available to Genpact Limited common shareholders	$ 58,565	$ 44,653
Earnings per common share attributable to Genpact Limited common shareholders
Basic	$ 0.28	$ 0.20
Diluted	$ 0.27	$ 0.20
Weighted average number of common shares used in computing earnings per common share attributable to Genpact Limited common shareholders
Basic	210,780,165	219,892,695
Diluted	213,892,964	222,347,101

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net Income (loss)	$ 58,276	$ 44,653
Other comprehensive income:
Net income (loss) on cash flow hedging derivatives, net of taxes (Note 7)	1,970	21,833
Genpact Limited Shareholders
Net Income (loss)	58,565	44,653
Other comprehensive income:
Currency translation adjustments	5,217	(11,179)
Net income (loss) on cash flow hedging derivatives, net of taxes (Note 7)	1,970	21,833
Retirement benefits, net of taxes	153	286
Other comprehensive income (loss)	7,340	10,940
Comprehensive income (loss)	65,905	$ 55,593
Redeemable non-controlling interest
Net Income (loss)	(289)
Other comprehensive income:
Comprehensive income (loss)	$ (289)

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Common shares	Additional Paid- in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total Equity	Redeemable non-controlling interest
Beginning balance, value (in shares) at Dec. 31, 2014		218,684,205
Beginning balance, value at Dec. 31, 2014		$ 2,184	$ 1,296,730	$ 398,706	$ (412,484)	$ 1,285,136
Issuance of common shares on exercise of options (Note 15) (in shares)		659,257
Issuance of common shares on exercise of options (Note 15)		$ 7	5,834			5,841
Issuance of common shares under the employee stock purchase plan (Note 15) (in shares)		34,162
Issuance of common shares under the employee stock purchase plan (Note 15)			683			683
Net settlement on vesting of restricted share units (Note 15)		$ 1	(79)			(78)
Net settlement on vesting of restricted share units (Note 15), shares		65,244
Net settlement on vesting of performance units (Note 15)		$ 8	(8)
Net settlement on vesting of performance units (Note 15), shares		845,524
Stock repurchased and retired (Note 16)		$ (6)		(13,292)		(13,298)
Stock repurchased and retired (Note 16), shares	(590,713)	(590,713)
Expenses related to stock purchase (Note 16)				(12)		(12)
Stock-based compensation expense (Note 15)			4,660			4,660
Comprehensive income:
Net income	$ 44,653			44,653		44,653
Other comprehensive income					10,940	10,940
End balance, value (in shares) at Mar. 31, 2015		219,697,679
End balance, value at Mar. 31, 2015		$ 2,194	1,307,820	430,055	(401,544)	1,338,525
Beginning balance, value (in shares) at Dec. 31, 2015	211,472,312	211,472,312
Beginning balance, value at Dec. 31, 2015		$ 2,111	1,342,022	411,508	(451,285)	1,304,356
Issuance of common shares on exercise of options (Note 15) (in shares)	248,316	248,316
Issuance of common shares on exercise of options (Note 15)		$ 2	4,210			4,212
Issuance of common shares under the employee stock purchase plan (Note 15) (in shares)		30,487
Issuance of common shares under the employee stock purchase plan (Note 15)			725			725
Net settlement on vesting of restricted share units (Note 15)		$ 1	(50)			(49)
Net settlement on vesting of restricted share units (Note 15), shares		95,191
Net settlement on vesting of performance units (Note 15), shares		0
Stock repurchased and retired (Note 16)		$ (14)		(33,003)		(33,017)
Stock repurchased and retired (Note 16), shares	(1,356,199)	(1,356,199)
Excess tax benefit on stock-based Compensation			2,163			2,163
Expenses related to stock purchase (Note 16)				(27)		(27)
Stock-based compensation expense (Note 15)			5,336			5,336
Acquisition of redeemable non-controlling interest							$ 3,910
Comprehensive income:
Net income	$ 58,276			58,565		58,565	(289)
Other comprehensive income					7,340	7,340
End balance, value (in shares) at Mar. 31, 2016	210,490,107	210,490,107
End balance, value at Mar. 31, 2016		$ 2,100	$ 1,354,406	$ 437,043	$ (443,945)	$ 1,349,604	$ 3,621

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities
Net income attributable to Genpact Limited shareholders	$ 58,565	$ 44,653
Net income (loss) attributable to non-controlling interest	(289)
Net income	58,276	44,653
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	13,155	13,517
Amortization of debt issuance costs (including loss on extinguishment of debt)	385	1,840
Amortization of acquired intangible assets	6,145	7,341
Intangible assets write-down	4,943
Reserve for doubtful receivables	3,120	872
Unrealized loss on revaluation of foreign currency asset/liability	354	5,632
Equity-method investment activity, net	2,145	2,223
Excess tax benefit on stock-based compensation	(2,163)
Stock-based compensation expense	5,336	4,660
Deferred income taxes	(5,118)	(2,559)
Others, net	63	(44)
Change in operating assets and liabilities:
Increase in accounts receivable	(17,697)	(13,449)
Increase in prepaid expenses, other current assets and other assets	(27,123)	(10,414)
Increase (decrease) in accounts payable	(70)	177
Decrease in accrued expenses, other current liabilities and other liabilities	(64,360)	(42,376)
Increase in income taxes payable	10,823	12,215
Net cash provided by (used for) operating activities	(11,786)	24,288
Investing activities
Purchase of property, plant and equipment	(25,495)	(13,991)
Proceeds from sale of property, plant and equipment	132	576
Investment in equity affiliates	(3,783)	(6,701)
Payment for business acquisitions, net of cash acquired	(2,339)	(11,678)
Net cash used for investing activities	(31,485)	(31,794)
Financing activities
Repayment of capital lease obligations	(454)	(539)
Payment of debt issuance and refinancing costs		(1,045)
Repayment of long-term debt	(10,000)	(1,687)
Proceeds from short-term borrowings	60,000	1,410,000
Repayment of short-term borrowings		(1,410,000)
Proceeds from issuance of common shares under stock-based compensation plans	4,937	6,524
Payment for net settlement of stock-based awards	(49)	(5,603)
Payment of earn-out/deferred consideration	(965)	(126)
Payment for stock purchased and retired	(33,017)	(13,298)
Payment for expenses related to stock purchase	(27)	(12)
Excess tax benefit on stock-based compensation	2,163
Net cash provided by (used for) financing activities	22,588	(15,786)
Effect of exchange rate changes	(429)	(4,186)
Net decrease in cash and cash equivalents	(20,683)	(23,292)
Cash and cash equivalents at the beginning of the period	450,907	461,788
Cash and cash equivalents at the end of the period	429,795	434,310
Supplementary information
Cash paid during the period for interest	3,968	6,943
Cash paid during the period for income taxes	23,229	13,120
Property, plant and equipment acquired under capital lease obligations	$ 283	$ 372

Organization

Organization	3 Months Ended
	Mar. 31, 2016
Organization	1. Organization The Company is a provider of digitally-powered business process management and services. The architect of the Lean Digital SM SM SM Prior to December 30, 2004, the business of the Company was conducted through various entities and divisions of GE. On December 30, 2004, in a series of transactions referred to as the “2004 Reorganization,” GE transferred such operations to the Company. In August 2007, the Company completed an initial public offering of its common shares. On October 25, 2012, Glory Investments A Limited, formerly known as South Asia Private Investments, an affiliate of Bain Capital Investors, LLC (“Bain Capital”), became the Company’s largest shareholder when, together with its affiliated assignees and two additional co-investors, it purchased 67,750,678 common shares of the Company from the Company’s initial private equity investors.

Summary of significant accounti

Summary of significant accounting policies	3 Months Ended
	Mar. 31, 2016
Summary of significant accounting policies	2. Summary of significant accounting policies (a) Basis of preparation and principles of consolidation The unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and the rules and regulations of the Securities and Exchange Commission for reporting on Form 10-Q. Accordingly, they do not include certain information and note disclosures required by generally accepted accounting principles for annual financial reporting and should be read in conjunction with the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. The unaudited interim consolidated financial statements reflect all adjustments that management considers necessary for a fair presentation of the results of operations for these periods. The results of operations for interim periods are not necessarily indicative of the results for the full year. The accompanying unaudited interim consolidated financial statements have been prepared on a consolidated basis and reflect the financial statements of Genpact Limited, a Bermuda company, and all of its subsidiaries that are more than 50% owned and controlled. When the Company does not have a controlling interest in an entity but exerts significant influence on the entity, the Company applies the equity method of accounting. All intercompany transactions and balances are eliminated in consolidation. Non-controlling interest in subsidiaries that is redeemable outside of the Company’s control for cash or other assets is reflected in the mezzanine section between liabilities and equity in the consolidated balance sheets at the redeemable value, which approximates fair value. Redeemable non-controlling interest is adjusted to its fair value at each balance sheet date. Any resulting increases or decreases in the estimated redemption amount are affected by corresponding charges to additional paid-in-capital. The share of non-controlling interest in subsidiary earnings is reflected in net loss (income) attributable to non-controlling interest in the consolidated statements of income. (b) Use of estimates The preparation of 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 and goodwill, revenue recognition, reserves 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, 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. (c) Business combinations, goodwill and other intangible assets The Company accounts for its business combinations using the acquisition method of accounting in accordance with ASC 805, Business Combinations, by recognizing the identifiable tangible and intangible assets acquired and liabilities assumed, and any non-controlling Goodwill represents the cost of acquired businesses in excess of the fair value of identifiable tangible and intangible net assets purchased. Goodwill is not amortized but is tested for impairment at least on an annual basis on December 31, based on a number of factors, including operating results, business plans and future cash flows. The Company performs an assessment of qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. Based on the assessment of events or circumstances, the Company performs a quantitative assessment of goodwill impairment if it determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, based on the quantitative impairment analysis, the carrying value of the goodwill of a reporting unit exceeds the fair value of such goodwill, an impairment loss is recognized in an amount equal to the excess. In addition, the Company performs a qualitative assessment of goodwill impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. See Note 10 for information and related disclosures. Intangible assets acquired individually or with a group of other assets or in a business combination are carried at cost less accumulated amortization based on their estimated useful lives as follows: Customer-related intangible assets 1-14 years Marketing-related intangible assets 1-10 years Other intangible assets 3-9 Intangible assets are amortized over their estimated useful lives using a method of amortization that reflects the pattern in which the economic benefits of the intangible assets are consumed or otherwise realized. In business combinations, where the fair value of identifiable tangible and intangible net assets purchased exceeds the cost of the acquired business, the Company recognizes the resulting gain under “Other operating (income) expense, net” in the Consolidated Statements of Income. (d) Financial instruments and concentration of credit risk Financial instruments that potentially subject the Company to concentration of credit risk are reflected principally in cash and cash equivalents, derivative financial instruments and accounts receivable. The Company places its cash and cash equivalents and derivative financial instruments with corporations and banks with high investment grade ratings, limits the amount of credit exposure with any one corporation or bank and conducts ongoing evaluations of the creditworthiness of the corporations and banks with which it does business. To reduce its credit risk on accounts receivable, the Company conducts ongoing credit evaluations of its clients. GE accounted for 18% and 18% of receivables as of December 31, 2015 and March 31, 2016, respectively. GE accounted for 19% and 18% of revenues for the three months ended March 31, 2015 and March 31, 2016, respectively. (e) Recently adopted accounting pronouncements The following recently released accounting standards have been adopted by the Company. Adoption of these standards did not have a material impact on the Company’s consolidated results of operations, cash flows, financial position or disclosures: Effective January 1, 2016, the Company has adopted FASB ASU 2015-01 (Topic 225): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items (“ASU 2015-01”). Such items are defined as transactions or events that are both unusual in nature and infrequent in occurrence, and, currently, are required to be presented separately in the income statement, net of income tax, after income from continuing operations. The changes eliminate the concept of an extraordinary item and, therefore, the presentation of such items will no longer be required. Notwithstanding this change, the Company will still be required to present and disclose a transaction or event that is both unusual in nature and infrequent in occurrence in the notes to the financial statements. Effective January 1, 2016, the Company has adopted FASB ASU 2015-05 (Topic 350), Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement (“ASU 2015-05”), which provides explicit guidance to evaluate the accounting for fees paid by a customer in a cloud computing arrangement. The new guidance clarifies that if a cloud computing arrangement includes a software license, the customer should account for the license consistent with its accounting for other software licenses. If the arrangement does not include a software license, the customer should account for the arrangement as a service contract. Effective January 1, 2016, the Company has adopted FASB ASU 2015-16 (Topic 805), Business Combinations (“ASU 2015-16”), which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The guidance requires that the acquirer shall recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. Effective January 1, 2016, the Company has adopted FASB ASU 2015-02. In February 2015, the FASB issued ASU No. 2015-02, Amendment to the Consolidation Analysis, which specifies changes to the analysis that an entity must perform to determine whether it should consolidate certain types of legal entities. These changes (i) modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities or voting interest entities, (ii) eliminate the presumption that a general partner should consolidate a limited partnership, (iii) affect the consolidation analysis of reporting entities that are involved with variable interest entities, particularly those that have fee arrangements and related party relationships, and (iv) provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds.

Business acquisitions

Business acquisitions	3 Months Ended
	Mar. 31, 2016
Business acquisitions	3. Business acquisitions (a) Strategic Sourcing Excellence LLC On January 8, 2016, the Company acquired 51% of the outstanding equity interest in Strategic Sourcing Excellence LLC (“SSE”), a Delaware limited liability company, for initial cash consideration of $2,550, subject to adjustment for closing date working capital, transaction expenses and indebtedness. The equity purchase agreement also provides for contingent earn-out consideration of up to $20,000, payable based on future performance relative to the thresholds specified in the earn-out calculation. Up to $9,800 of the total potential earn-out consideration, representing the selling equityholders’ 49% interest in SSE, is payable only if either the put or call option, each as described below, is exercised. The equity purchase agreement grants the Company a call option to purchase the remaining 49% equity interest in SSE, which option the Company has the right to exercise between January 1, 2018 and January 31, 2018. If the Company does not exercise its call option during such period, the selling equityholders have the right to exercise a put option between March 1, 2018 and April 30, 2018 to require the Company to purchase their 49% interest in SSE at a price ranging from $2,450 to $2,950. This acquisition strengthens the Company’s procurement consulting, transformation and strategic sourcing capabilities. Acquisition-related costs of $164 have been included in selling, general and administrative expenses as incurred. Through this transaction, the Company has acquired assets with a value of $327 and assumed liabilities amounting to $617. The preliminary estimated purchase consideration for the Company’s interest in SSE is $14,490, including the fair value of earn-out consideration and a preliminary adjustment for working capital, transaction expenses and indebtedness. The results of operations of the acquired business, the fair value of the acquired assets and assumed liabilities, and the redeemable non-controlling interest are included in the Company’s Consolidated Financial Statements with effect from the date of the acquisition. In connection with the transaction, the Company recorded $300 in customer-related intangible assets, with an amortization period of five years. Goodwill arising from the acquisition amounted to $14,479, which has been allocated to the Company’s India reporting unit and is deductible for tax purposes.

Cash and cash equivalents

Cash and cash equivalents	3 Months Ended
	Mar. 31, 2016
Cash and cash equivalents	4. Cash and cash equivalents Cash and cash equivalents as of December 31, 2015 and March 31, 2016 are comprised of: As of December 31, As of March 31, 2015 2016 Deposits with banks $ 231,367 $ 170,715 Other cash and bank balances 219,540 259,080 Total $ 450,907 $ 429,795

Accounts receivable, net of res

Accounts receivable, net of reserve for doubtful receivables	3 Months Ended
	Mar. 31, 2016
Accounts receivable, net of reserve for doubtful receivables	5. Accounts receivable, net of reserve for doubtful receivables The following table provides details of the Company’s reserve for doubtful receivables: Year ended December 31, Three months ended 2015 March 31, 2016 Opening Balance as of January 1 $ 15,192 $ 11,530 Additions charged to cost and expense 2,449 3,120 Deductions/effect of exchange rate fluctuations (6,111 ) 27 Closing Balance $ 11,530 $ 14,677 Accounts receivable were $601,667 and $620,275 and the reserves for doubtful receivables were $11,530 and $14,677, resulting in net accounts receivable balances of $590,137 and $605,598 as of December 31, 2015 and March 31, 2016, respectively. In addition, accounts receivable due after one year of $8,348 and $7,198 as of December 31, 2015 and March 31, 2016, respectively, are included under other assets in the consolidated balance sheets. Accounts receivable from related parties were $1,980 and $1,121 as of December 31, 2015 and March 31, 2016, respectively. There are no reserves for doubtful receivables in respect of amounts due from related parties.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2016
Fair Value Measurements	6. Fair Value Measurements The Company measures certain financial assets and liabilities, including derivative instruments, at fair value on a recurring basis. The fair value measurements of these items were determined using the following inputs as of December 31, 2015 and March 31, 2016: As of March 31, 2016 Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant Other Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 33,467 $ — $ 33,467 $ — Total $ 33,467 $ — $ 33,467 $ — Liabilities Earn-out consideration (Note b, d) $ 20,853 $ — $ — $ 20,853 Derivative instruments (Note b, c) $ 59,110 $ — $ 59,110 $ — Total $ 79,963 $ — $ 59,110 $ 20,853 Redeemable non-controlling interest (Note e) $ 3,621 $ — $ — $ 3,621 As of December 31, 2015 Fair Value Measurements at Reporting Date Using Quoted Prices in Significant Other Significant Other Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 30,380 $ — $ 30,380 $ — Total $ 30,380 $ — $ 30,380 $ — Liabilities Earn-out consideration (Note b, d) $ 22,820 $ — $ — $ 22,820 Derivative instruments (Note b, c) $ 59,620 $ — $ 59,620 $ — Total $ 82,440 $ — $ 59,620 $ 22,820 (a) Included in prepaid expenses and other current assets and other assets in the consolidated balance sheets. (b) Included in accrued expenses and other current liabilities and other liabilities in the consolidated balance sheets. (c) The Company values its derivative instruments based on market observable inputs, including both forward and spot prices for the relevant currencies and interest rate indices for relevant interest rates. The quotes are taken from an independent market database. (d) The fair value of earn-out consideration, calculated as the present value of expected future payments to be made to the sellers of the acquired businesses, was derived by estimating the future financial performance of the acquired businesses using the earn-out formula and performance targets specified in each purchase agreement and adjusting the result to reflect the Company’s estimate of the likelihood of achievement of such targets. Given the significance of the unobservable inputs, the valuations are classified in level 3 of the fair value hierarchy. (e) The Company’s estimate of the fair value of redeemable non-controlling interest as of March 31, 2016 is based on unobservable inputs considering the assumptions that market participants would make in pricing the obligation. Given the significance of the unobservable inputs, the valuation was classified in level 3 of the fair value hierarchy. Refer to Note 3—Business Acquisitions. The following table provides a roll-forward of the fair value of the contingent consideration categorized as level 3 for the three months ended March 31, 2015 and 2016: Three months ended 2015 2016 Opening Balance $ 33,990 $ 22,820 Earn-out consideration payable in connection with acquisitions — 8,120 Payments made on earn-out consideration (126 ) (965 ) Change in fair value and others (449 ) (9,122 ) Ending balance $ 33,415 $ 20,853

Derivative financial instrument

Derivative financial instruments	3 Months Ended
	Mar. 31, 2016
Derivative financial instruments	7. Derivative financial instruments The Company is exposed to the risk of rate fluctuations on foreign currency assets and liabilities and on foreign currency denominated forecasted cash flows along with exposure to interest rate fluctuation risk on its indebtedness. The Company has established risk management policies, including the use of derivative financial instruments, to hedge foreign currency assets and liabilities, foreign currency denominated forecasted cash flows and interest rate risk. These derivative financial instruments are largely deliverable and non-deliverable forward foreign exchange contracts and interest rate swaps. The Company enters into these contracts with counterparties that are banks or other financial institutions, and the Company considers the risk of non-performance by such counterparties not to be material. The forward foreign exchange contracts and interest rate swaps mature between 0 and 57 months and the forecasted transactions are expected to occur during the same period. The following table presents the aggregate notional principal amounts of outstanding derivative financial instruments together with the related balance sheet exposure: Notional principal amounts Balance sheet exposure asset As of December 31, As of March 31, As of December 31, As of March 31, Foreign exchange forward contracts denominated in: United States Dollars (sell) Indian Rupees (buy) $ 1,139,400 $ 1,122,400 $ (48,197 ) $ (31,954 ) United States Dollars (sell) Mexican Peso (buy) 8,520 6,570 (1,163 ) (824 ) United States Dollars (sell) Philippines Peso (buy) 58,500 53,075 (1,387 ) 224 Euro (sell) United States Dollars (buy) 146,719 140,385 9,109 3,787 Euro (sell) Romanian Leu (buy) 39,027 31,516 567 1,036 Japanese Yen (sell) Chinese Renminbi (buy) 62,740 61,317 (1,379 ) (4,765 ) Pound Sterling (sell) United States Dollars (buy) 118,438 105,771 7,496 9,178 Australian Dollars (sell) United States Dollars (buy) 106,544 99,000 5,714 (399 ) Interest rate swaps (floating to fixed) — 200,000 — (1,926 ) (29,240 ) (25,643 ) (a) Notional amounts are key elements of derivative financial instrument agreements but do not represent the amount exchanged by counterparties and do not measure the Company’s exposure to credit or market risks. However, the amounts exchanged are based on the notional amounts and other provisions of the underlying derivative financial instrument agreements. (b) Balance sheet exposure is denominated in U.S. dollars and denotes the mark-to-market impact of the derivative financial instruments on the reporting date. FASB guidance on Derivatives and Hedging requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the Balance Sheet. In accordance with the FASB guidance on Derivatives and Hedging, the Company designates foreign exchange forward contracts and interest rate swaps as cash flow hedges. Foreign exchange forward contracts are entered into to cover future variability in exchange rates that affect the Company’s forecasted revenues and its purchases of services, and interest rate swaps are entered into to cover interest rate fluctuation risk. In addition to this program, the Company uses derivative instruments that are not accounted for as hedges under the FASB guidance in order to hedge foreign exchange risks related to balance sheet items, such as receivables and intercompany borrowings, denominated in currencies other than the Company’s underlying functional currency. The fair value of the Company’s derivative instruments and their location in the Company’s financial statements are summarized in the table below: Cash flow hedges Non-designated As of December 31, As of March 31, As of December 31, As of March 31, Assets Prepaid expenses and other current assets $ 17,400 $ 18,164 $ 884 $ 1,872 Other assets $ 12,096 $ 13,431 $ — $ — Liabilities Accrued expenses and other current liabilities $ 34,576 $ 28,510 $ 34 $ 208 Other liabilities $ 25,010 $ 30,392 $ — $ — Cash flow hedges For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain (loss) on the derivative instrument is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction is recognized in the consolidated statements of income. Gains (losses) on the derivatives, representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness, are recognized in earnings as incurred. In connection with cash flow hedges, the gains (losses) recorded as a component of other comprehensive income (loss), or OCI, and the related tax effects are summarized below: Three months ended March 31, 2015 2016 Before- Tax Net of Before- Tax Net of Opening balance as of January 1 $ (66,786 ) $ 23,646 $ (43,140 ) $ (30,090 ) $ 9,830 $ (20,260 ) Net gains (losses) reclassified into statement of income on completion of hedged transactions (9,254 ) 3,251 (6,003 ) (2,902 ) 702 (2,200 ) Changes in fair value of effective portion of outstanding derivatives, net 24,564 (8,734 ) 15,830 (79 ) (151 ) (230 ) Gain (loss) on cash flow hedging derivatives, net 33,818 (11,985 ) 21,833 2,823 (853 ) 1,970 Closing balance as of March 31 $ (32,968 ) $ 11,661 $ (21,307 ) $ (27,267 ) $ 8,977 $ (18,290 ) The gains or losses recognized in other comprehensive income (loss) and their effects on financial performance are summarized below: Derivatives in Cash Flow Amount of Gain (Loss) Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain (Loss) Three months ended Three months ended Three months ended 2015 2016 2015 2016 2015 2016 Forward foreign exchange contracts $ 24,564 $ 1,847 Revenue $ 2,495 $ 3,871 Foreign exchange (gains) losses, net $ — $ — Interest rate swaps — (1,926 ) Cost of revenue (9,427 ) (5,312 ) Selling, general and administrative expenses (2,322 ) (1,461 ) $ 24,564 $ (79 ) $ (9,254 ) $ (2,902 ) $ — $ — Non-designated Hedges Derivatives not designated as hedging instruments Location of (Gain) Loss Amount of (Gain) Loss Three months ended March 31, 2015 2016 Forward foreign exchange contracts (Note a) Foreign exchange (gains) losses, net $ (2,244 ) $ (1,134 ) $ (2,244 ) $ (1,134 ) (a) These forward foreign exchange contracts were entered into to hedge fluctuations in foreign exchange rates for recognized balance sheet items such as receivables and intercompany borrowings, and were not originally designated as hedges under FASB guidance on derivatives and hedging. Realized (gains) losses and changes in the fair value of these derivatives are recorded in foreign exchange (gains) losses, net in the consolidated statements of income.

Prepaid expenses and other curr

Prepaid expenses and other current assets	3 Months Ended
	Mar. 31, 2016
Prepaid expenses and other current assets	8. Prepaid expenses and other current assets Prepaid expenses and other current assets consist of the following: As of December 31, As of March 31, 2015 2016 Advance income and non-income taxes $ 52,953 $ 97,466 Deferred transition costs 36,620 37,594 Derivative instruments 18,284 20,036 Prepaid expenses 12,565 13,231 Customer acquisition cost 6,687 8,282 Employee advances 3,878 4,787 Deposits 1,820 1,745 Advances to suppliers 8,028 7,309 Others 13,190 8,085 $ 154,025 $ 198,535

Property, plant and equipment,

Property, plant and equipment, net	3 Months Ended
	Mar. 31, 2016
Property, plant and equipment, net	9. Property, plant and equipment, net Property, plant and equipment, net consist of the following: As of December 31, As of March 31, 2015 2016 Property, plant and equipment, gross $ 556,518 $ 569,559 Less: Accumulated depreciation and amortization (381,122 ) (389,860 ) Property, plant and equipment, net $ 175,396 $ 179,699 Depreciation expense on property, plant and equipment for the three months ended March 31, 2015 and 2016 was $11,717 and $11,104, respectively. Computer software amortization for the three months ended March 31, 2015 and 2016 amounted to $2,362 and $2,345, respectively. The depreciation and amortization expenses set forth above include the effect of the reclassification of foreign exchange (gains) losses related to the effective portion of foreign currency derivative contracts, amounting to $562 and $294 for the three months ended March 31, 2015 and 2016, respectively.

Goodwill and intangible assets

Goodwill and intangible assets	3 Months Ended
	Mar. 31, 2016
Goodwill and intangible assets	10. Goodwill and intangible assets The following table presents the changes in goodwill for the year ended December 31, 2015 and three months ended March 31, 2016: As of December 31, As of March 31, 2015 2016 Opening balance $ 1,057,214 $ 1,038,346 Goodwill relating to acquisitions consummated during the period 7,674 14,479 Impact of measurement period adjustments (135 ) — Effect of exchange rate fluctuations (26,407 ) 2,912 Closing balance $ 1,038,346 $ 1,055,737 The total amount of goodwill deductible for tax purposes is $36,390 and $38,070 as of December 31, 2015 and March 31, 2016, respectively. The Company’s intangible assets acquired either individually or with a group of other assets or in a business combination are as follows: As of December 31, 2015 As of March 31, 2016 Gross carrying Accumulated Net Gross Accumulated Net Customer-related intangible assets $ 319,035 $ 247,463 $ 71,572 $ 320,177 $ 252,899 $ 67,278 Marketing-related intangible assets 42,749 27,021 15,728 42,697 27,763 14,934 Other intangible assets 29,729 18,427 11,301 31,137 23,701 7,436 $ 391,513 $ 292,911 $ 98,601 $ 394,011 $ 304,363 $ 89,648 Amortization expenses for intangible assets disclosed in the consolidated statements of income under amortization of acquired intangible assets for the three months ended March 31, 2015 and 2016 were $7,341 and $6,145, respectively. During the three months ended March 31, 2016, the Company tested an intangible software asset for recoverability as a result of a downward revision to the forecasted cash flows to be generated by the intangible asset. Based on the results of such testing, the Company determined that the carrying value of the intangible asset exceeded the estimated undiscounted cash flows by $4,943 and recorded an additional charge to further reduce the carrying value by this amount. The Company used a combination of the income and cost approaches to determine the fair value of the intangible asset for the purpose of calculating the charge. This charge has been recorded in other operating (income) expenses, net in the consolidated statement of income.

Short-term borrowings

Short-term borrowings	3 Months Ended
	Mar. 31, 2016
Short-term borrowings	11. Short-term borrowings The Company has the following borrowing facilities: (a) Fund-based and non-fund-based credit facilities with banks, which are available for operational requirements in the form of overdrafts, letters of credit, guarantees and short-term loans. As of December 31, 2015 and March 31, 2016, the limits available were $15,781 and $15,502, respectively, of which $10,301 and $10,630 was utilized, constituting non-funded drawdown. (b) A fund-based and non-fund based revolving credit facility of $350,000, which the company obtained in June 2015 as described in note 12. This facility replaces the Company’s $250,000 facility initially entered into in August 2012 and subsequently amended in June 2013. As of December 31, 2015 and March 31, 2016, a total of $22,947 and $82,947, respectively, was utilized, of which $21,500 and $81,500, respectively, constituted funded drawdown and $1,447 and $1,447, respectively, constituted non-funded drawdown. The revolving facility expires in June 2020. The funded drawdown amount bore interest at a rate equal to LIBOR plus a margin of 1.50% per annum as of December 31, 2015. As of March 31, 2016, the revolving facility bore interest at a rate equal to LIBOR plus a margin of 1.50% per annum. The unutilized amount on the revolving facility bore a commitment fee of 0.25% as of December 31, 2015 and March 31, 2016. The credit agreement contains certain customary covenants, including a maximum leverage covenant and a minimum interest coverage ratio. For the three months ended March 31, 2016, the Company was in compliance with the financial covenants. (c) On January 27, 2015 and March 23, 2015, the Company obtained short-term loans of $672,500 and $737,500, respectively, from Morgan Stanley Senior Funding, Inc. in connection with certain internal reorganization transactions. These loans bore interest at a rate of 2.00% per annum and were fully repaid on January 30, 2015 and March 26, 2015, respectively. The Company recorded $1,045 in debt issuance expenses and $235 in interest with respect to the amounts borrowed under the short-term loans.

Long-term debt

Long-term debt	3 Months Ended
	Mar. 31, 2016
Long-term debt	12. Long-term debt In August 2012, the Company obtained credit facilities aggregating $925,000 from a consortium of financial institutions. In June 2013, the Company amended this credit facility to reduce interest payments thereunder. As of the amendment date, the gross outstanding term loan amounted to $671,625. The amendment did not result in a substantial modification of $553,589 of the outstanding term loan under the previous credit facility. As a result of the amendment, the Company extinguished $118,036 of the outstanding term loan under the previous facility and obtained additional funding amounting to $121,410, increasing the total term loan outstanding to $675,000. The Company expensed $3,103, representing partial acceleration of the amortization of the existing unamortized debt issuance costs and an additional fee paid to the lenders in respect of the extinguished amount. The overall borrowing capacity under the revolving facility did not change. The amendment of the revolving facility resulted in accelerated amortization of $54 relating to the existing unamortized debt issuance cost. The remaining unamortized costs and an additional third party fee paid in connection with the amendment were to be amortized over the duration of the term loan and revolving facility, which by their terms were to expire on August 30, 2019 and August 30, 2017, respectively. In June 2015, the Company refinanced its 2012 facility through a new credit facility, comprised of an $800,000 term loan and a $350,000 revolving credit facility. Borrowings under the new facility bear interest at a rate equal to, at the election of the Company, either LIBOR plus an applicable margin equal to 1.50% per annum or a base rate plus an applicable margin equal to 0.50% per annum, in each case subject to adjustment based on the Company’s debt ratings provided by Standard & Poor’s Rating Services and Moody’s Investors Service, Inc. Based on the Company’s election and current credit rating, the applicable interest rate is equal to LIBOR plus 1.50% per annum. As a result of the June 2015 refinancing, the gross outstanding term loan under the previous facility, which amounted to $663,188 as of June 30, 2015, was extinguished, and the Company expensed $10,050, representing accelerated amortization of the existing unamortized debt issuance costs related to the prior facility. Additionally, the refinancing of the revolving facility resulted in the accelerated amortization of $65 relating to the existing unamortized debt issuance cost. The remaining unamortized costs for the revolving facility, together with the fees paid to the Company’s lenders and third parties in connection with the new term loan and revolving facility, will be amortized over the term of the refinanced facility, which ends on June 30, 2020. As of December 31, 2015 and March 31, 2016, the amount outstanding under the term loan, net of debt amortization expense of $3,534 and $3,314, was $776,466 and $766,686, respectively. As of December 31, 2015 and March 31, 2016, the term loan bore interest at a rate equal to LIBOR plus a margin of 1.50% per annum. Indebtedness under the refinanced facility is unsecured. The amount outstanding on the term loan as of March 31, 2016 will be repaid through quarterly payments of $10,000, and the balance will be repaid upon the maturity of the term loan on June 30, 2020. The maturity profile of the term loan, net of debt amortization expense, is as follows: Year ended Amount 2016 $ 29,353 2017 39,181 2018 39,226 2019 39,272 2020 619,654 Total $ 766,686

Accrued expenses and other curr

Accrued expenses and other current liabilities	3 Months Ended
	Mar. 31, 2016
Accrued expenses and other current liabilities	13. Accrued expenses and other current liabilities Accrued expenses and other current liabilities consist of the following: As of December 31, As of March 31, 2015 2016 Accrued expenses $ 161,672 $ 147,140 Accrued employee cost 158,054 96,541 Deferred transition revenue 44,974 45,157 Statutory liabilities 32,149 45,056 Retirement benefits 17,930 22,665 Derivative instruments 34,610 28,718 Advance from customers 19,815 23,649 Earn-out consideration 16,896 4,742 Other liabilities 12,210 12,468 Capital lease obligations 1,328 1,284 $ 499,638 $ 427,420

Employee benefit plans

Employee benefit plans	3 Months Ended
	Mar. 31, 2016
Employee benefit plans	14. Employee benefit plans The Company has employee benefit plans in the form of certain statutory and other schemes covering its employees. Defined benefit plans In accordance with Indian law, the Company provides a defined benefit retirement plan covering substantially all of its Indian employees. In accordance with Mexican law, the Company provides termination benefits to all of its Mexican employees. In addition, certain of the Company’s subsidiaries in the Philippines and Japan sponsor defined benefit retirement programs. Net defined benefit plan costs for the three months ended March 31, 2015 and 2016 include the following components: Three months ended March 31, 2015 2016 Service costs $ 1,384 $ 1,403 Interest costs 678 698 Amortization of actuarial loss 85 56 Expected return on plan assets (549 ) (486 ) Net defined benefit plan costs $ 1,598 $ 1,671 Defined contribution plans During the three months ended March 31, 2015 and 2016, the Company contributed the following amounts to defined contribution plans in various jurisdictions: Three months ended March 31, 2015 2016 India $ 3,909 $ 4,303 U.S. 2,628 3,532 U.K. 1,040 1,652 China 3,516 3,753 Other regions 1,106 1,265 Total $ 12,199 $ 14,505

Stock-based compensation

Stock-based compensation	3 Months Ended
	Mar. 31, 2016
Stock-based compensation	15. Stock-based compensation The Company has issued options under the Genpact Global Holdings 2005 Plan (the “2005 Plan”), Genpact Global Holdings 2006 Plan (the “2006 Plan”), Genpact Global Holdings 2007 Plan (the “2007 Plan”) and Genpact Limited 2007 Omnibus Incentive Compensation Plan (the “2007 Omnibus Plan”) to eligible persons, including employees, directors and certain other persons associated with the Company. With respect to options granted under the 2005, 2006 and 2007 Plans before the date of adoption of the 2007 Omnibus Plan, if an award granted under any such plan is forfeited or otherwise expires, terminates, or is cancelled without the delivery of shares, then the shares covered by the forfeited, expired, terminated, or cancelled award will be added to the number of shares otherwise available for grant under the respective plans. Beginning on July 13, 2007, the date of adoption of the 2007 Omnibus Plan, shares underlying options forfeited, expired, terminated, or cancelled under any of the plans are added to the number of shares otherwise available for grant under the 2007 Omnibus Plan. The 2007 Omnibus Plan was amended and restated on April 11, 2012 to increase the number of common shares authorized for issuance by 5,593,200 shares to 15,000,000 shares. During the year ended December 31, 2012, the number of common shares authorized for issuance under the 2007 Omnibus Plan and the 2005 Plan was increased by 8,858,823 and 495,915 shares, respectively, as a result of an adjustment to outstanding unvested share awards. Stock-based compensation costs relating to the foregoing plans during the three months ended March 31, 2015 and 2016 were $4,579 and $5,250, respectively. These costs have been allocated to cost of revenue and selling, general, and administrative expenses. Stock options All options granted under the 2007 Omnibus Plan or any prior plans are exercisable into common shares of the Company, have a contractual period of ten years and vest over four to five years unless specified otherwise in the applicable award agreement. The Company recognizes compensation cost over the vesting period of the option. Compensation cost is determined on the date of grant by estimating the fair value of an option using the Black-Scholes option-pricing model. The following table shows the significant assumptions used in connection with the determination of the fair value of options granted in the three months ended March 31, 2015. No options were granted in the three months ended March 31, 2016. Three months ended Dividend yield — Expected life (in months) 84 Risk free rate of interest 1.99 % Volatility 34.97 % A summary of stock option activity during the three months ended March 31, 2016 is set out below: Three months ended March 31, 2016 Shares arising Weighted average Weighted average remaining Aggregate Outstanding as of January 1, 2016 5,986,845 $ 16.99 5.8 $ — Granted — — — — Forfeited (25,000 ) 19.35 — — Expired — — — — Exercised (248,316 ) 16.96 — 2,539 Outstanding as of March 31, 2016 5,713,529 $ 16.98 5.5 $ 59,157 Vested as of March 31, 2016 and expected to vest thereafter (Note a) 5,541,849 $ 16.76 5.5 $ 57,790 Vested and exercisable as of March 31, 2016 3,492,030 $ 15.34 4.3 $ 41,382 Weighted average grant date fair value of grants during the period $ — a) Options expected to vest reflect an estimated forfeiture rate. As of March 31, 2016, the total remaining unrecognized stock-based compensation cost for options expected to vest amounted to $12,484, which will be recognized over the weighted average remaining requisite vesting period of 2.2 years. Restricted Share Units The Company has granted restricted share units, or RSUs, under the 2007 Omnibus Plan. Each RSU represents the right to receive one Company common share at a future date. The fair value of each RSU is the market price of one common share of the Company on the date of the grant. RSUs granted to date have graded vesting schedules of three months to four years. The compensation expense is recognized on a straight-line basis over the vesting term. A summary of RSUs granted during the three months ended March 31, 2016 is set out below: Three months ended March 31, 2016 Number of Restricted Share Units Weighted Average Grant Date Fair Value Outstanding as of January 1, 2016 157,390 $ 17.67 Granted — — Vested (Note a) (5,256 ) 14.87 Forfeited (1,135 ) 14.18 Outstanding as of March 31, 2016 150,999 $ 17.80 Expected to vest (Note b) 143,800 (a) RSUs that vested during the period covered were net settled upon vesting by issuing 3,228 shares (net of minimum statutory tax withholding). (b) The number of RSUs expected to vest reflects an estimated forfeiture rate. 92,692 RSUs vested in the year ended December 31, 2014, in respect of which 91,963 shares were issued in January 2016 after withholding shares to the extent of the minimum statutory withholding taxes. 53,546 RSUs vested in the year ended December 31, 2015, shares in respect of which will be issuable on December 31, 2016 after withholding shares to the extent of minimum statutory withholding taxes. As of March 31, 2016, the total remaining unrecognized stock-based compensation cost related to RSUs amounted to $1,298, which will be recognized over the weighted average remaining requisite vesting period of 2.0 years. Performance Units The Company also grants stock awards in the form of performance units, or PUs, under the 2007 Omnibus Plan. Each PU represents the right to receive one Company common share at a future date based on the Company’s performance against specified targets. PUs granted to date have vesting schedules of six months to three years. The fair value of each PU is the market price of one common share of the Company on the date of grant and assumes that performance targets will be achieved. PUs granted under the plan are subject to cliff vesting. The compensation expense for such awards is recognized on a straight-line basis over the vesting terms. During the performance period, the Company’s estimate of the number of shares to be issued is adjusted upward or downward based upon the probability of achievement of the performance targets. The ultimate number of shares issued and the related compensation cost recognized is based on a comparison of the final performance metrics to the specified targets. A summary of PU activity during the three months ended March 31, 2016 is set out below: Three months ended March 31, 2016 Number of Performance Weighted Average Maximum Outstanding as of January 1, 2016 2,499,322 $ 19.95 2,499,322 Granted — — — Vested — — — Forfeited (62,411 ) 19.56 (62,411 ) Adjustment upon final determination of level of performance goal achievement (Note a) 7,274 22.72 Adjustment upon final determination of level of performance goal achievement (Note a) 7,274 Outstanding as of March 31, 2016 2,444,185 $ 19.96 2,444,185 Expected to vest (Note b) 2,211,468 (a) Represents an adjustment made in March 2016 to the number of shares subject to the PUs granted in 2015 upon certification of the level of achievement of the performance targets underlying such awards. (b) The number of PUs expected to vest has been adjusted by an estimated forfeiture rate. As of March 31, 2016, the total remaining unrecognized stock-based compensation costs related to PUs amounted to $20,591, which will be recognized over the weighted average remaining requisite vesting period of 1.5 years. Employee Stock Purchase Plan (ESPP) On May 1, 2008, the Company adopted the Genpact Limited U.S. Employee Stock Purchase Plan and the Genpact Limited International Employee Stock Purchase Plan (together, the “ESPP”). The ESPP allows eligible employees to purchase the Company’s common shares through payroll deductions at 90% of the closing price of the Company’s common shares on the last business day of each purchase interval. The dollar amount of common shares purchased under the ESPP must not exceed 15% of the participating employee’s base salary, subject to a cap of $25 per employee per calendar year. With effect from September 1, 2009, the offering periods commence on the first business day in March, June, September and December of each year and end on the last business day in the subsequent May, August, November and February of each year. 4,200,000 common shares have been reserved for issuance in the aggregate over the term of the ESPP. During the three months ended March 31, 2015 and 2016, 34,162 and 30,487 common shares, respectively, were issued under ESPP. The ESPP is considered compensatory under the FASB guidance on Compensation-Stock Compensation. The compensation expense for the ESPP is recognized in accordance with the FASB guidance on Compensation-Stock Compensation. The compensation expense for the ESPP during the three months ended March 31, 2015 and 2016 was $81 and $86, respectively, and has been allocated to cost of revenue and selling, general, and administrative expenses.

Capital stock

Capital stock	3 Months Ended
	Mar. 31, 2016
Capital stock	16. Capital stock Share Repurchases In February 2015, the Company’s Board of Directors authorized a program to repurchase up to $250,000 in value of the Company’s common shares. The Company’s share repurchase program does not obligate it to acquire any specific number of shares. Under the program, shares may be purchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. On February 4, 2016, the Company announced that its Board of Directors approved an additional $250 million share repurchase program, bringing the total authorization under the Company’s existing program to $500 million. During the three months ended March 31, 2015 and 2016, the Company purchased 590,713 and 1,356,199 of its common shares, respectively at a weighted average price of $22.51 and $24.35 per share, respectively, for an aggregate cash amount of $13,298 and $33,017, respectively. The purchased shares have been retired. The Company records repurchases of its common shares on the settlement date of each transaction. Shares purchased and retired are deducted to the extent of their par value from common stock and from retained earnings for the excess over par value. Direct costs incurred to acquire the shares are included in the total cost of the shares purchased. For the three months ended March 31, 2015 and 2016, $12 and $27, respectively, was deducted from retained earnings in direct costs related to share repurchases.

Earnings per share

Earnings per share	3 Months Ended
	Mar. 31, 2016
Earnings per share	17. Earnings per share The Company calculates earnings per share in accordance with FASB guidance on Earnings per Share. Basic and diluted earnings per common share give effect to the change in the number of Company common shares. The calculation of basic earnings per common share is determined by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the respective periods. The potentially dilutive shares, consisting of outstanding options on common shares, restricted share units, performance units and common shares to be issued under the employee stock purchase plan, have been included in the computation of diluted net earnings per share and the number of weighted average shares outstanding, except where the result would be anti-dilutive. The number of stock options outstanding but not included in the computation of diluted earnings per common share because their inclusion would be anti-dilutive is 3,928,000 and 317,081 for the three months ended March 31, 2015 and 2016, respectively. Three months ended March 31, 2015 2016 Net income available to Genpact Limited common shareholders $ 44,653 $ 58,565 Weighted average number of common shares used in computing basic earnings per common share 219,892,695 210,780,165 Dilutive effect of stock-based awards 2,454,406 3,112,799 Weighted average number of common shares used in computing dilutive earnings per common share 222,347,101 213,892,964 Earnings per common share attributable to Genpact Limited common shareholders Basic $ 0.20 $ 0.28 Diluted $ 0.20 $ 0.27

Cost of revenue

Cost of revenue	3 Months Ended
	Mar. 31, 2016
Cost of revenue	18. Cost of revenue Cost of revenue consists of the following: Three months ended March 31, 2015 2016 Personnel expenses $ 242,948 $ 254,028 Operational expenses 102,797 107,542 Depreciation and amortization 11,731 11,278 $ 357,476 $ 372,848

Selling, general and administra

Selling, general and administrative expenses	3 Months Ended
	Mar. 31, 2016
Selling, general and administrative expenses	19. Selling, general and administrative expenses Selling, general and administrative expenses consist of the following: Three months ended March 31, 2015 2016 Personnel expenses $ 105,838 $ 108,400 Operational expenses 40,562 49,578 Depreciation and amortization 2,348 2,171 $ 148,748 $ 160,149

Other operating (income) expens

Other operating (income) expense, net	3 Months Ended
	Mar. 31, 2016
Other operating (income) expense, net	20. Other operating (income) expense, net Three months ended March 31, 2015 2016 Other operating (income) expense $ (462 ) $ (498 ) Provision for impairment of intangible assets — 4,943 Change in fair value of earn out consideration and deferred consideration (relating to business acquisitions) — (9,506 ) Other operating (income) expense, net $ (462 ) $ (5,061 )

Interest income (expense), net

Interest income (expense), net	3 Months Ended
	Mar. 31, 2016
Interest income (expense), net	21. Interest income (expense), net Three months ended March 31, 2015 2016 Interest income $ 1,196 $ 2,364 Interest expense (10,221 ) (5,202 ) Interest income (expense), net $ (9,025 ) $ (2,838 )

Income taxes

Income taxes	3 Months Ended
	Mar. 31, 2016
Income taxes	22. Income taxes The Company determines its tax provision for interim periods using an estimate of its annual effective tax rate adjusted for discrete items, if any, that are taken into account in the relevant period. Each quarter, the Company updates its estimate of the annual effective tax rate, and if its estimated tax rate changes, the Company makes a cumulative adjustment. As of December 31, 2015, the Company had unrecognized tax benefits amounting to $26,357, including an amount of $24,935, which, if recognized, would impact the effective tax rate. The following table summarizes activities related to the Company’s unrecognized tax benefits for uncertain tax positions from January 1, 2016 to March 31, 2016: 2016 Opening Balance at January 1 $ 26,357 Increase related to prior year tax positions, including recorded in acquisition accounting 13 Decrease related to prior year tax positions (764 ) Decrease related to prior year tax position due to lapse of applicable statute of limitation (166 ) Decrease related to settlements with tax authorities (2,000 ) Effect of exchange rate changes 119 Closing Balance at March 31 $ 23,559 The Company’s unrecognized tax benefits as of March 31, 2016 include an amount of $22,136, which, if recognized, would impact the effective tax rate. As of December 31, 2015 and March 31, 2016, the Company had accrued approximately $4,223 and $3,682, respectively, for interest relating to unrecognized tax benefits. During the year ended December 31, 2015 and the three months ended March 31, 2016, the company recognized approximately $1,152 and ($533), respectively, excluding exchange rate differences, in interest on unrecognized tax benefits. As of December 31, 2015 and March 31, 2016, the Company had accrued approximately $958 and $958, respectively, for penalties.

Related party transactions

Related party transactions	3 Months Ended
	Mar. 31, 2016
Related party transactions	23. Related party transactions The Company has entered into related party transactions with its non-consolidating affiliates. The Company has also entered into related party transactions with a significant shareholder and its affiliates. The Company’s related party transactions can be categorized as follows: Revenue from services For the three months ended March 31, 2015 and 2016, the Company recognized net revenues of $99 and $79, respectively, from a client that is a significant shareholder of the Company. For the three months ended March 31, 2015 and 2016, the Company recognized net revenues of $2,039 and $1,652, respectively, from a client that is a non-consolidating affiliate of the Company. $1,095 of this amount is receivable as of March 31, 2016. Cost of revenue from services The Company purchases certain services from its non-consolidating affiliates, mainly relating to training and recruitment, which are included in cost of revenue. For the three months ended March 31, 2015 and 2016, cost of revenue includes $390 and $498, respectively, attributable to the cost of services provided by the Company’s non-consolidating affiliates. Selling, general and administrative expenses The Company purchases certain services from its non-consolidating affiliates, mainly relating to training and recruitment, the costs of which are included in selling, general and administrative expenses. For the three months ended March 31, 2015 and 2016, selling, general and administrative expenses includes $95 and $67, respectively, attributable to the cost of services provided by the Company’s non-consolidating affiliates. During the three months ended March 31, 2015 and 2016, the Company engaged a significant shareholder to provide services to the Company at a cost of $399 and $15 respectively. Investment in equity affiliates During the three months ended March 31, 2016, the Company invested $3,783 in its non-consolidating affiliates. As of December 31, 2015 and March 31, 2016, $3,736 and $3,736, respectively, in investments in equity affiliates was accrued but not paid and has been included in accrued expenses and other current liabilities in the Company’s consolidated balance sheet. As of December 31, 2015 and March 31, 2016, the Company’s investments in its non-consolidating affiliates amounted to $6,677 and $8,315, respectively. Others During the three months ended March 31, 2016, the Company also entered into transactions with one of its non-consolidating affiliates for certain cost reimbursements amounting to $329. As of December 31, 2015 and March 31, 2016, $853 and $329 is receivable, respectively.

Commitments and contingencies

Commitments and contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and contingencies	24. Commitments and contingencies Capital commitments As of December 31, 2015 and March 31, 2016, the Company has committed to spend $8,237 and $7,337, respectively, under agreements to purchase property, plant and equipment. This amount is net of capital advances paid in respect of these purchases. Bank guarantees The Company has outstanding bank guarantees amounting to $11,748 and $12,077 as of December 31, 2015 and March 31, 2016, respectively. Bank guarantees are generally provided to government agencies and excise and customs authorities for the purposes of maintaining bonded warehouses. These guarantees may be revoked by such government agencies if they suffer any losses or damages through the breach of any covenants contained in the agreements governing such guarantees. Other commitments The Company’s business process delivery centers in India are 100% export oriented units or Software Technology Parks of India (“STPI”) units under the STPI guidelines issued by the Government of India. These units are exempt from customs, central excise duties, and levies on imported and indigenous capital goods, stores, and spares. The Company has undertaken to pay custom duties, service taxes, 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.

Summary of significant accoun32

Summary of significant accounting policies (Policies)	3 Months Ended
	Mar. 31, 2016
Basis of preparation and principles of consolidation	(a) Basis of preparation and principles of consolidation The unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and the rules and regulations of the Securities and Exchange Commission for reporting on Form 10-Q. Accordingly, they do not include certain information and note disclosures required by generally accepted accounting principles for annual financial reporting and should be read in conjunction with the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. The unaudited interim consolidated financial statements reflect all adjustments that management considers necessary for a fair presentation of the results of operations for these periods. The results of operations for interim periods are not necessarily indicative of the results for the full year. The accompanying unaudited interim consolidated financial statements have been prepared on a consolidated basis and reflect the financial statements of Genpact Limited, a Bermuda company, and all of its subsidiaries that are more than 50% owned and controlled. When the Company does not have a controlling interest in an entity but exerts significant influence on the entity, the Company applies the equity method of accounting. All intercompany transactions and balances are eliminated in consolidation. Non-controlling interest in subsidiaries that is redeemable outside of the Company’s control for cash or other assets is reflected in the mezzanine section between liabilities and equity in the consolidated balance sheets at the redeemable value, which approximates fair value. Redeemable non-controlling interest is adjusted to its fair value at each balance sheet date. Any resulting increases or decreases in the estimated redemption amount are affected by corresponding charges to additional paid-in-capital. The share of non-controlling interest in subsidiary earnings is reflected in net loss (income) attributable to non-controlling interest in the consolidated statements of income.
Use of estimates	(b) Use of estimates The preparation of 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 and goodwill, revenue recognition, reserves 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, 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.
Business combinations	(c) Business combinations, goodwill and other intangible assets The Company accounts for its business combinations using the acquisition method of accounting in accordance with ASC 805, Business Combinations, by recognizing the identifiable tangible and intangible assets acquired and liabilities assumed, and any non-controlling In business combinations, where the fair value of identifiable tangible and intangible net assets purchased exceeds the cost of the acquired business, the Company recognizes the resulting gain under “Other operating (income) expense, net” in the Consolidated Statements of Income.
Goodwill	Goodwill represents the cost of acquired businesses in excess of the fair value of identifiable tangible and intangible net assets purchased. Goodwill is not amortized but is tested for impairment at least on an annual basis on December 31, based on a number of factors, including operating results, business plans and future cash flows. The Company performs an assessment of qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. Based on the assessment of events or circumstances, the Company performs a quantitative assessment of goodwill impairment if it determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, based on the quantitative impairment analysis, the carrying value of the goodwill of a reporting unit exceeds the fair value of such goodwill, an impairment loss is recognized in an amount equal to the excess. In addition, the Company performs a qualitative assessment of goodwill impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. See Note 10 for information and related disclosures.
Intangible Assets	Intangible assets acquired individually or with a group of other assets or in a business combination are carried at cost less accumulated amortization based on their estimated useful lives as follows: Customer-related intangible assets 1-14 years Marketing-related intangible assets 1-10 years Other intangible assets 3-9 Intangible assets are amortized over their estimated useful lives using a method of amortization that reflects the pattern in which the economic benefits of the intangible assets are consumed or otherwise realized. In business combinations, where the fair value of identifiable tangible and intangible net assets purchased exceeds the cost of the acquired business, the Company recognizes the resulting gain under “Other operating (income) expense, net” in the Consolidated Statements of Income.
Financial instruments and concentration of credit risk	(d) Financial instruments and concentration of credit risk Financial instruments that potentially subject the Company to concentration of credit risk are reflected principally in cash and cash equivalents, derivative financial instruments and accounts receivable. The Company places its cash and cash equivalents and derivative financial instruments with corporations and banks with high investment grade ratings, limits the amount of credit exposure with any one corporation or bank and conducts ongoing evaluations of the creditworthiness of the corporations and banks with which it does business. To reduce its credit risk on accounts receivable, the Company conducts ongoing credit evaluations of its clients. GE accounted for 18% and 18% of receivables as of December 31, 2015 and March 31, 2016, respectively. GE accounted for 19% and 18% of revenues for the three months ended March 31, 2015 and March 31, 2016, respectively.
Recently adopted accounting pronouncements	(e) Recently adopted accounting pronouncements The following recently released accounting standards have been adopted by the Company. Adoption of these standards did not have a material impact on the Company’s consolidated results of operations, cash flows, financial position or disclosures: Effective January 1, 2016, the Company has adopted FASB ASU 2015-01 (Topic 225): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items (“ASU 2015-01”). Such items are defined as transactions or events that are both unusual in nature and infrequent in occurrence, and, currently, are required to be presented separately in the income statement, net of income tax, after income from continuing operations. The changes eliminate the concept of an extraordinary item and, therefore, the presentation of such items will no longer be required. Notwithstanding this change, the Company will still be required to present and disclose a transaction or event that is both unusual in nature and infrequent in occurrence in the notes to the financial statements. Effective January 1, 2016, the Company has adopted FASB ASU 2015-05 (Topic 350), Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement (“ASU 2015-05”), which provides explicit guidance to evaluate the accounting for fees paid by a customer in a cloud computing arrangement. The new guidance clarifies that if a cloud computing arrangement includes a software license, the customer should account for the license consistent with its accounting for other software licenses. If the arrangement does not include a software license, the customer should account for the arrangement as a service contract. Effective January 1, 2016, the Company has adopted FASB ASU 2015-16 (Topic 805), Business Combinations (“ASU 2015-16”), which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The guidance requires that the acquirer shall recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. Effective January 1, 2016, the Company has adopted FASB ASU 2015-02. In February 2015, the FASB issued ASU No. 2015-02, Amendment to the Consolidation Analysis, which specifies changes to the analysis that an entity must perform to determine whether it should consolidate certain types of legal entities. These changes (i) modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities or voting interest entities, (ii) eliminate the presumption that a general partner should consolidate a limited partnership, (iii) affect the consolidation analysis of reporting entities that are involved with variable interest entities, particularly those that have fee arrangements and related party relationships, and (iv) provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds.

Summary of significant accoun33

Summary of significant accounting policies (Tables)	3 Months Ended
	Mar. 31, 2016
Estimated Useful Lives of Intangible Assets Acquired	Intangible assets acquired individually or with a group of other assets or in a business combination are carried at cost less accumulated amortization based on their estimated useful lives as follows: Customer-related intangible assets 1-14 years Marketing-related intangible assets 1-10 years Other intangible assets 3-9

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	3 Months Ended
	Mar. 31, 2016
Cash And Cash Equivalents	Cash and cash equivalents as of December 31, 2015 and March 31, 2016 are comprised of: As of December 31, As of March 31, 2015 2016 Deposits with banks $ 231,367 $ 170,715 Other cash and bank balances 219,540 259,080 Total $ 450,907 $ 429,795

Accounts receivable, net of r35

Accounts receivable, net of reserve for doubtful receivables (Tables)	3 Months Ended
	Mar. 31, 2016
Reserve for Doubtful Receivables	The following table provides details of the Company’s reserve for doubtful receivables: Year ended December 31, Three months ended 2015 March 31, 2016 Opening Balance as of January 1 $ 15,192 $ 11,530 Additions charged to cost and expense 2,449 3,120 Deductions/effect of exchange rate fluctuations (6,111 ) 27 Closing Balance $ 11,530 $ 14,677

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value of Assets and Liabilities Measured on Recurring Basis	The Company measures certain financial assets and liabilities, including derivative instruments, at fair value on a recurring basis. The fair value measurements of these items were determined using the following inputs as of December 31, 2015 and March 31, 2016: As of March 31, 2016 Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant Other Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 33,467 $ — $ 33,467 $ — Total $ 33,467 $ — $ 33,467 $ — Liabilities Earn-out consideration (Note b, d) $ 20,853 $ — $ — $ 20,853 Derivative instruments (Note b, c) $ 59,110 $ — $ 59,110 $ — Total $ 79,963 $ — $ 59,110 $ 20,853 Redeemable non-controlling interest (Note e) $ 3,621 $ — $ — $ 3,621 As of December 31, 2015 Fair Value Measurements at Reporting Date Using Quoted Prices in Significant Other Significant Other Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 30,380 $ — $ 30,380 $ — Total $ 30,380 $ — $ 30,380 $ — Liabilities Earn-out consideration (Note b, d) $ 22,820 $ — $ — $ 22,820 Derivative instruments (Note b, c) $ 59,620 $ — $ 59,620 $ — Total $ 82,440 $ — $ 59,620 $ 22,820 (a) Included in prepaid expenses and other current assets and other assets in the consolidated balance sheets. (b) Included in accrued expenses and other current liabilities and other liabilities in the consolidated balance sheets. (c) The Company values its derivative instruments based on market observable inputs, including both forward and spot prices for the relevant currencies and interest rate indices for relevant interest rates. The quotes are taken from an independent market database. (d) The fair value of earn-out consideration, calculated as the present value of expected future payments to be made to the sellers of the acquired businesses, was derived by estimating the future financial performance of the acquired businesses using the earn-out formula and performance targets specified in each purchase agreement and adjusting the result to reflect the Company’s estimate of the likelihood of achievement of such targets. Given the significance of the unobservable inputs, the valuations are classified in level 3 of the fair value hierarchy. (e) The Company’s estimate of the fair value of redeemable non-controlling interest as of March 31, 2016 is based on unobservable inputs considering the assumptions that market participants would make in pricing the obligation. Given the significance of the unobservable inputs, the valuation was classified in level 3 of the fair value hierarchy. Refer to Note 3—Business Acquisitions.
Fair Value of Contingent Consideration	The following table provides a roll-forward of the fair value of the contingent consideration categorized as level 3 for the three months ended March 31, 2015 and 2016: Three months ended 2015 2016 Opening Balance $ 33,990 $ 22,820 Earn-out consideration payable in connection with acquisitions — 8,120 Payments made on earn-out consideration (126 ) (965 ) Change in fair value and others (449 ) (9,122 ) Ending balance $ 33,415 $ 20,853

Derivative financial instrume37

Derivative financial instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Aggregate Notional Principal Amounts of Outstanding Derivative Financial Instruments with Related Balance Sheet Exposure	The following table presents the aggregate notional principal amounts of outstanding derivative financial instruments together with the related balance sheet exposure: Notional principal amounts Balance sheet exposure asset As of December 31, As of March 31, As of December 31, As of March 31, Foreign exchange forward contracts denominated in: United States Dollars (sell) Indian Rupees (buy) $ 1,139,400 $ 1,122,400 $ (48,197 ) $ (31,954 ) United States Dollars (sell) Mexican Peso (buy) 8,520 6,570 (1,163 ) (824 ) United States Dollars (sell) Philippines Peso (buy) 58,500 53,075 (1,387 ) 224 Euro (sell) United States Dollars (buy) 146,719 140,385 9,109 3,787 Euro (sell) Romanian Leu (buy) 39,027 31,516 567 1,036 Japanese Yen (sell) Chinese Renminbi (buy) 62,740 61,317 (1,379 ) (4,765 ) Pound Sterling (sell) United States Dollars (buy) 118,438 105,771 7,496 9,178 Australian Dollars (sell) United States Dollars (buy) 106,544 99,000 5,714 (399 ) Interest rate swaps (floating to fixed) — 200,000 — (1,926 ) (29,240 ) (25,643 ) (a) Notional amounts are key elements of derivative financial instrument agreements but do not represent the amount exchanged by counterparties and do not measure the Company’s exposure to credit or market risks. However, the amounts exchanged are based on the notional amounts and other provisions of the underlying derivative financial instrument agreements. (b) Balance sheet exposure is denominated in U.S. dollars and denotes the mark-to-market impact of the derivative financial instruments on the reporting date.
Fair Value of Derivative Instruments and Location in Financial Statements	The fair value of the Company’s derivative instruments and their location in the Company’s financial statements are summarized in the table below: Cash flow hedges Non-designated As of December 31, As of March 31, As of December 31, As of March 31, Assets Prepaid expenses and other current assets $ 17,400 $ 18,164 $ 884 $ 1,872 Other assets $ 12,096 $ 13,431 $ — $ — Liabilities Accrued expenses and other current liabilities $ 34,576 $ 28,510 $ 34 $ 208 Other liabilities $ 25,010 $ 30,392 $ — $ —
Cash Flow Hedges, Gains (Losses) Recorded as Component of Other Comprehensive Income (Loss) or Other Comprehensive Income	In connection with cash flow hedges, the gains (losses) recorded as a component of other comprehensive income (loss), or OCI, and the related tax effects are summarized below: Three months ended March 31, 2015 2016 Before- Tax Net of Before- Tax Net of Opening balance as of January 1 $ (66,786 ) $ 23,646 $ (43,140 ) $ (30,090 ) $ 9,830 $ (20,260 ) Net gains (losses) reclassified into statement of income on completion of hedged transactions (9,254 ) 3,251 (6,003 ) (2,902 ) 702 (2,200 ) Changes in fair value of effective portion of outstanding derivatives, net 24,564 (8,734 ) 15,830 (79 ) (151 ) (230 ) Gain (loss) on cash flow hedging derivatives, net 33,818 (11,985 ) 21,833 2,823 (853 ) 1,970 Closing balance as of March 31 $ (32,968 ) $ 11,661 $ (21,307 ) $ (27,267 ) $ 8,977 $ (18,290 )
Gains (Losses) Recorded as Component of Other Comprehensive Income (Loss) or Other Comprehensive Income	The gains or losses recognized in other comprehensive income (loss) and their effects on financial performance are summarized below: Derivatives in Cash Flow Amount of Gain (Loss) Location of Gain Amount of Gain (Loss) Location of Gain Amount of Gain (Loss) Three months ended Three months ended Three months ended 2015 2016 2015 2016 2015 2016 Forward foreign exchange contracts $ 24,564 $ 1,847 Revenue $ 2,495 $ 3,871 Foreign exchange (gains) losses, net $ — $ — Interest rate swaps — (1,926 ) Cost of revenue (9,427 ) (5,312 ) Selling, general and administrative expenses (2,322 ) (1,461 ) $ 24,564 $ (79 ) $ (9,254 ) $ (2,902 ) $ — $ — Non-designated Hedges Derivatives not designated as hedging instruments Location of (Gain) Loss Amount of (Gain) Loss Three months ended March 31, 2015 2016 Forward foreign exchange contracts (Note a) Foreign exchange (gains) losses, net $ (2,244 ) $ (1,134 ) $ (2,244 ) $ (1,134 ) (a) These forward foreign exchange contracts were entered into to hedge fluctuations in foreign exchange rates for recognized balance sheet items such as receivables and intercompany borrowings, and were not originally designated as hedges under FASB guidance on derivatives and hedging. Realized (gains) losses and changes in the fair value of these derivatives are recorded in foreign exchange (gains) losses, net in the consolidated statements of income.

Prepaid expenses and other cu38

Prepaid expenses and other current assets (Tables)	3 Months Ended
	Mar. 31, 2016
Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consist of the following: As of December 31, As of March 31, 2015 2016 Advance income and non-income taxes $ 52,953 $ 97,466 Deferred transition costs 36,620 37,594 Derivative instruments 18,284 20,036 Prepaid expenses 12,565 13,231 Customer acquisition cost 6,687 8,282 Employee advances 3,878 4,787 Deposits 1,820 1,745 Advances to suppliers 8,028 7,309 Others 13,190 8,085 $ 154,025 $ 198,535

Property, plant and equipment39

Property, plant and equipment, net (Tables)	3 Months Ended
	Mar. 31, 2016
Property, plant and equipment, net	Property, plant and equipment, net consist of the following: As of December 31, As of March 31, 2015 2016 Property, plant and equipment, gross $ 556,518 $ 569,559 Less: Accumulated depreciation and amortization (381,122 ) (389,860 ) Property, plant and equipment, net $ 175,396 $ 179,699

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	3 Months Ended
	Mar. 31, 2016
Changes in Goodwill	The following table presents the changes in goodwill for the year ended December 31, 2015 and three months ended March 31, 2016: As of December 31, As of March 31, 2015 2016 Opening balance $ 1,057,214 $ 1,038,346 Goodwill relating to acquisitions consummated during the period 7,674 14,479 Impact of measurement period adjustments (135 ) — Effect of exchange rate fluctuations (26,407 ) 2,912 Closing balance $ 1,038,346 $ 1,055,737
Intangible Assets Acquired Either Individually or with Group of Other Assets or in Business Combination	The Company’s intangible assets acquired either individually or with a group of other assets or in a business combination are as follows: As of December 31, 2015 As of March 31, 2016 Gross carrying Accumulated Net Gross Accumulated Net Customer-related intangible assets $ 319,035 $ 247,463 $ 71,572 $ 320,177 $ 252,899 $ 67,278 Marketing-related intangible assets 42,749 27,021 15,728 42,697 27,763 14,934 Other intangible assets 29,729 18,427 11,301 31,137 23,701 7,436 $ 391,513 $ 292,911 $ 98,601 $ 394,011 $ 304,363 $ 89,648

Long-term debt (Tables)

Long-term debt (Tables)	3 Months Ended
	Mar. 31, 2016
Maturity Profile of Term Loan, Net of Debt Amortization Expense	The maturity profile of the term loan, net of debt amortization expense, is as follows: Year ended Amount 2016 $ 29,353 2017 39,181 2018 39,226 2019 39,272 2020 619,654 Total $ 766,686

Accrued expenses and other cu42

Accrued expenses and other current liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consist of the following: As of December 31, As of March 31, 2015 2016 Accrued expenses $ 161,672 $ 147,140 Accrued employee cost 158,054 96,541 Deferred transition revenue 44,974 45,157 Statutory liabilities 32,149 45,056 Retirement benefits 17,930 22,665 Derivative instruments 34,610 28,718 Advance from customers 19,815 23,649 Earn-out consideration 16,896 4,742 Other liabilities 12,210 12,468 Capital lease obligations 1,328 1,284 $ 499,638 $ 427,420

Employee benefit plans (Tables)

Employee benefit plans (Tables)	3 Months Ended
	Mar. 31, 2016
Net Defined Benefit Plan Costs	Net defined benefit plan costs for the three months ended March 31, 2015 and 2016 include the following components: Three months ended March 31, 2015 2016 Service costs $ 1,384 $ 1,403 Interest costs 678 698 Amortization of actuarial loss 85 56 Expected return on plan assets (549 ) (486 ) Net defined benefit plan costs $ 1,598 $ 1,671
Amount Contributed to Defined Contribution Plans in Various Jurisdictions	During the three months ended March 31, 2015 and 2016, the Company contributed the following amounts to defined contribution plans in various jurisdictions: Three months ended March 31, 2015 2016 India $ 3,909 $ 4,303 U.S. 2,628 3,532 U.K. 1,040 1,652 China 3,516 3,753 Other regions 1,106 1,265 Total $ 12,199 $ 14,505

Stock-based compensation (Table

Stock-based compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Share-based Payment Award, Stock Options Granted, Valuation Assumptions	The following table shows the significant assumptions used in connection with the determination of the fair value of options granted in the three months ended March 31, 2015. No options were granted in the three months ended March 31, 2016. Three months ended Dividend yield — Expected life (in months) 84 Risk free rate of interest 1.99 % Volatility 34.97 %
Summary of Stock Option Activity	A summary of stock option activity during the three months ended March 31, 2016 is set out below: Three months ended March 31, 2016 Shares arising Weighted average Weighted average remaining Aggregate Outstanding as of January 1, 2016 5,986,845 $ 16.99 5.8 $ — Granted — — — — Forfeited (25,000 ) 19.35 — — Expired — — — — Exercised (248,316 ) 16.96 — 2,539 Outstanding as of March 31, 2016 5,713,529 $ 16.98 5.5 $ 59,157 Vested as of March 31, 2016 and expected to vest thereafter (Note a) 5,541,849 $ 16.76 5.5 $ 57,790 Vested and exercisable as of March 31, 2016 3,492,030 $ 15.34 4.3 $ 41,382 Weighted average grant date fair value of grants during the period $ — a) Options expected to vest reflect an estimated forfeiture rate.
Summary of Restricted Share Units Granted	A summary of RSUs granted during the three months ended March 31, 2016 is set out below: Three months ended March 31, 2016 Number of Restricted Share Units Weighted Average Grant Date Fair Value Outstanding as of January 1, 2016 157,390 $ 17.67 Granted — — Vested (Note a) (5,256 ) 14.87 Forfeited (1,135 ) 14.18 Outstanding as of March 31, 2016 150,999 $ 17.80 Expected to vest (Note b) 143,800 (a) RSUs that vested during the period covered were net settled upon vesting by issuing 3,228 shares (net of minimum statutory tax withholding). (b) The number of RSUs expected to vest reflects an estimated forfeiture rate.
Summary of Performance Units Activity	A summary of PU activity during the three months ended March 31, 2016 is set out below: Three months ended March 31, 2016 Number of Performance Weighted Average Maximum Outstanding as of January 1, 2016 2,499,322 $ 19.95 2,499,322 Granted — — — Vested — — — Forfeited (62,411 ) 19.56 (62,411 ) Adjustment upon final determination of level of performance goal achievement (Note a) 7,274 22.72 Adjustment upon final determination of level of performance goal achievement (Note a) 7,274 Outstanding as of March 31, 2016 2,444,185 $ 19.96 2,444,185 Expected to vest (Note b) 2,211,468 (a) Represents an adjustment made in March 2016 to the number of shares subject to the PUs granted in 2015 upon certification of the level of achievement of the performance targets underlying such awards. (b) The number of PUs expected to vest has been adjusted by an estimated forfeiture rate.

Earnings per share (Tables)

Earnings per share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per share	Three months ended March 31, 2015 2016 Net income available to Genpact Limited common shareholders $ 44,653 $ 58,565 Weighted average number of common shares used in computing basic earnings per common share 219,892,695 210,780,165 Dilutive effect of stock-based awards 2,454,406 3,112,799 Weighted average number of common shares used in computing dilutive earnings per common share 222,347,101 213,892,964 Earnings per common share attributable to Genpact Limited common shareholders Basic $ 0.20 $ 0.28 Diluted $ 0.20 $ 0.27

Cost of revenue (Tables)

Cost of revenue (Tables)	3 Months Ended
	Mar. 31, 2016
Cost of Revenue	Cost of revenue consists of the following: Three months ended March 31, 2015 2016 Personnel expenses $ 242,948 $ 254,028 Operational expenses 102,797 107,542 Depreciation and amortization 11,731 11,278 $ 357,476 $ 372,848

Selling, general and administ47

Selling, general and administrative expenses (Tables)	3 Months Ended
	Mar. 31, 2016
Selling, General and Administrative Expenses	Selling, general and administrative expenses consist of the following: Three months ended March 31, 2015 2016 Personnel expenses $ 105,838 $ 108,400 Operational expenses 40,562 49,578 Depreciation and amortization 2,348 2,171 $ 148,748 $ 160,149

Other operating (income) expe48

Other operating (income) expense, net (Tables)	3 Months Ended
	Mar. 31, 2016
Other Operating (Income) Expense, Net	Three months ended March 31, 2015 2016 Other operating (income) expense $ (462 ) $ (498 ) Provision for impairment of intangible assets — 4,943 Change in fair value of earn out consideration and deferred consideration (relating to business acquisitions) — (9,506 ) Other operating (income) expense, net $ (462 ) $ (5,061 )

Interest income (expense), net

Interest income (expense), net (Tables)	3 Months Ended
	Mar. 31, 2016
Interest Income (Expense), Net	Three months ended March 31, 2015 2016 Interest income $ 1,196 $ 2,364 Interest expense (10,221 ) (5,202 ) Interest income (expense), net $ (9,025 ) $ (2,838 )

Income taxes (Tables)

Income taxes (Tables)	3 Months Ended
	Mar. 31, 2016
Activities Related to Unrecognized Tax Benefits for Uncertain Tax Positions	The following table summarizes activities related to the Company’s unrecognized tax benefits for uncertain tax positions from January 1, 2016 to March 31, 2016: 2016 Opening Balance at January 1 $ 26,357 Increase related to prior year tax positions, including recorded in acquisition accounting 13 Decrease related to prior year tax positions (764 ) Decrease related to prior year tax position due to lapse of applicable statute of limitation (166 ) Decrease related to settlements with tax authorities (2,000 ) Effect of exchange rate changes 119 Closing Balance at March 31 $ 23,559

Organization - Additional Infor

Organization - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016EmployeeCountryCustomer	Oct. 25, 2012shares
Organization [Line Items]
Number of professionals around the globe, minimum | Employee	70,000
Number of countries in which entity operates | Country	25
Common stock shares purchased by affiliates of Bain Capital Partners | shares		67,750,678
Minimum | Fortune Global 500
Organization [Line Items]
Number of clients | Customer	100

Estimated Useful Lives of Intan

Estimated Useful Lives of Intangible Assets Acquired (Detail)	3 Months Ended
	Mar. 31, 2016
Customer-Related Intangible Assets | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	1 year
Customer-Related Intangible Assets | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	14 years
Marketing-Related Intangible Assets | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	1 year
Marketing-Related Intangible Assets | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	10 years
Other Intangible Assets | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	3 years
Other Intangible Assets | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	9 years

Summary of Significant Accoun53

Summary of Significant Accounting Policies - Additional Information (Detail) - General Electric Company	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Schedule Of Significant Accounting Policies [Line Items]
Percentage of accounts receivables	18.00%		18.00%
Percentage of revenues	18.00%	19.00%

Business Acquisitions and Dives

Business Acquisitions and Divestitures - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 08, 2016	Apr. 30, 2018	Jan. 31, 2018	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill				$ 1,055,737	$ 1,038,346	$ 1,057,214
Strategic Sourcing Excellence LLC
Business Acquisition [Line Items]
Ownership percentage acquired	51.00%
Cash consideration to acquired certain assets and assumed certain liabilities	$ 2,550
Contingent earn-out consideration-High end	20,000
Acquisition related cost	164
Acquired assets	327
Liabilities assumed	617
Preliminary estimated purchase consideration	14,490
Customer related intangible assets	$ 300
Acquired intangible assets, weighted average amortization period	5 years
Goodwill	$ 14,479
Strategic Sourcing Excellence LLC | If either the call or put option is exercised
Business Acquisition [Line Items]
Equity method investment ownership percentage	49.00%
Strategic Sourcing Excellence LLC | If either the call or put option is exercised | Maximum
Business Acquisition [Line Items]
Contingent earn-out consideration-High end	$ 9,800
Strategic Sourcing Excellence LLC | Call Option | Scenario, Forecast
Business Acquisition [Line Items]
Equity method investment ownership percentage			49.00%
Strategic Sourcing Excellence LLC | Selling Equityholders Put Option | Scenario, Forecast
Business Acquisition [Line Items]
Equity method investment ownership percentage		49.00%
Strategic Sourcing Excellence LLC | Selling Equityholders Put Option | Scenario, Forecast | Maximum
Business Acquisition [Line Items]
Selling equity holders put option exercise price		$ 2,950
Strategic Sourcing Excellence LLC | Selling Equityholders Put Option | Scenario, Forecast | Minimum
Business Acquisition [Line Items]
Selling equity holders put option exercise price		$ 2,450

Cash and Cash Equivalents (Deta

Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Line Items]
Deposits with banks	$ 170,715	$ 231,367
Other cash and bank balances	259,080	219,540
Total	$ 429,795	$ 450,907	$ 434,310	$ 461,788

Reserve for Doubtful Receivable

Reserve for Doubtful Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Provisions for Doubtful Accounts [Line Items]
Opening Balance	$ 11,530	$ 15,192	$ 15,192
Additions charged to cost and expense	3,120	$ 872	2,449
Deductions/effect of exchange rate fluctuations	27		(6,111)
Closing Balance	$ 14,677		$ 11,530

Accounts Receivable, Net of R57

Accounts Receivable, Net of Reserve for Doubtful Receivables - Additional Information (Detail) - USD ($)	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross accounts receivable	$ 620,275,000	$ 601,667,000
Reserve for doubtful receivables	14,677,000	11,530,000	$ 15,192,000
Net accounts receivable	605,598,000	590,137,000
Accounts receivable due after one year	7,198,000	8,348,000
Accounts receivable from related parties	1,121,000	1,980,000
Reserve for doubtful receivables from related parties	$ 0	$ 0

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities Measured on Recurring Basis, Including Derivative Instruments (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instrument, asset	[1],[2]	$ 33,467	$ 30,380
Total, assets		33,467	30,380
Earn-out consideration	[3],[4]	20,853	22,820
Derivative instrument, liability	[2],[3]	59,110	59,620
Total, liabilities		79,963	82,440
Redeemable non-controlling interest	[5]	3,621
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instrument, asset	[1],[2]	33,467	30,380
Total, assets		33,467	30,380
Derivative instrument, liability	[2],[3]	59,110	59,620
Total, liabilities		59,110	59,620
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Earn-out consideration	[3],[4]	20,853	22,820
Total, liabilities		20,853	$ 22,820
Redeemable non-controlling interest	[5]	$ 3,621
[1]	Included in prepaid expenses and other current assets and other assets in the consolidated balance sheets.
[2]	The Company values its derivative instruments based on market observable inputs, including both forward and spot prices for the relevant currencies and interest rate indices for relevant interest rates. The quotes are taken from an independent market database.
[3]	Included in accrued expenses and other current liabilities and other liabilities in the consolidated balance sheets.
[4]	The fair value of earn-out consideration, calculated as the present value of expected future payments to be made to the sellers of the acquired businesses, was derived by estimating the future financial performance of the acquired businesses using the earn-out formula and performance targets specified in each purchase agreement and adjusting the result to reflect the Company's estimate of the likelihood of achievement of such targets. Given the significance of the unobservable inputs, the valuations are classified in level 3 of the fair value hierarchy.
[5]	The Company's estimate of the fair value of redeemable non-controlling interest as of March 31, 2016 is based on unobservable inputs considering the assumptions that market participants would make in pricing the obligation. Given the significance of the unobservable inputs, the valuation was classified in level 3 of the fair value hierarchy. Refer to Note 3-Business Acquisitions.

Fair Value of Contingent Consid

Fair Value of Contingent Consideration (Detail) - Fair Value, Inputs, Level 3 - Business Acquisition Contingent Consideration - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Opening Balance	$ 22,820	$ 33,990
Earn-out consideration payable in connection with acquisitions	8,120
Payments made on earn-out consideration	(965)	(126)
Change in fair value and others	(9,122)	(449)
Ending balance	$ 20,853	$ 33,415

Derivative Financial Instrume60

Derivative Financial Instruments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016
Derivative [Line Items]
Forward foreign exchange contracts, minimum maturity period	0 months
Forward foreign exchange contracts, maximum maturity period	57 months

Aggregate Notional Principal Am

Aggregate Notional Principal Amounts of Outstanding Derivative Financial Instruments with Related Balance Sheet Exposure (Detail) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	$ (25,643)	$ (29,240)
United States Dollars (sell) Indian Rupees (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	1,122,400	1,139,400
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(31,954)	(48,197)
United States Dollars (sell) Mexican Peso (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	6,570	8,520
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(824)	(1,163)
United States Dollars (sell) Philippines Peso (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	53,075	58,500
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	224	(1,387)
Euro (sell) United States Dollars (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	140,385	146,719
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	3,787	9,109
Euro (sell) Romanian Leu (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	31,516	39,027
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	1,036	567
Japanese Yen (sell) Chinese Renminbi (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	61,317	62,740
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(4,765)	(1,379)
Pound Sterling (sell) United States Dollars (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	105,771	118,438
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	9,178	7,496
Australian Dollars (sell) United States Dollars (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	99,000	106,544
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(399)	$ 5,714
Interest Rate Swap Floating To Fixed [Member]
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	200,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	$ (1,926)
[1]	Balance sheet exposure is denominated in U.S. dollars and denotes the mark-to-market impact of the derivative financial instruments on the reporting date.
[2]	Notional amounts are key elements of derivative financial instrument agreements but do not represent the amount exchanged by counterparties and do not measure the Company's exposure to credit or market risks. However, the amounts exchanged are based on the notional amounts and other provisions of the underlying derivative financial instrument agreements.

Fair Value of Derivative Instru

Fair Value of Derivative Instruments and Location in Financial Statements (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Not Designated as Hedging Instrument | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Fair value of assets	$ 1,872	$ 884
Not Designated as Hedging Instrument | Accrued Expenses and Other Current Liabilities
Derivatives, Fair Value [Line Items]
Fair value of liabilities	208	34
Cash Flow Hedges | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Fair value of assets	18,164	17,400
Cash Flow Hedges | Other Assets
Derivatives, Fair Value [Line Items]
Fair value of assets	13,431	12,096
Cash Flow Hedges | Accrued Expenses and Other Current Liabilities
Derivatives, Fair Value [Line Items]
Fair value of liabilities	28,510	34,576
Cash Flow Hedges | Other Liabilities
Derivatives, Fair Value [Line Items]
Fair value of liabilities	$ 30,392	$ 25,010

Cash Flow Hedges, Gains (Losses

Cash Flow Hedges, Gains (Losses) Recorded as Component of Other Comprehensive Income (Loss) or Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Opening balance, before-tax amount	$ (30,090)	$ (66,786)
Net gains (losses) reclassified into statement of income upon completion of hedged transactions, before-tax amount	(2,902)	(9,254)
Changes in fair value of effective portion of outstanding derivatives, net, before-tax amount	(79)	24,564
Gain (loss) on cash flow hedging derivatives, net, before-tax amount	2,823	33,818
Closing balance, before-tax amount	(27,267)	(32,968)
Opening balance, tax (expense) or benefit	9,830	23,646
Net gains (losses) reclassified into statement of income upon completion of hedged transactions, tax (expense) or benefit	702	3,251
Changes in fair value of effective portion of outstanding derivatives, net, tax (expense) or benefit	(151)	(8,734)
Gain (loss) on cash flow hedging derivatives, net, tax (expense) or benefit	(853)	(11,985)
Closing balance, tax (expense) or benefit	8,977	11,661
Opening balance, net of tax amount	(20,260)	(43,140)
Net gains (losses) reclassified into statement of income upon completion of hedged transactions, net of tax amount	(2,200)	(6,003)
Changes in fair value of effective portion of outstanding derivatives, net, net of tax amount	(230)	15,830
Gain (loss) on cash flow hedging derivatives, net of taxes amount	1,970	21,833
Closing balance, net of tax amount	$ (18,290)	$ (21,307)

Gains or Losses Recorded as Com

Gains or Losses Recorded as Component of Other Comprehensive Income (Loss) or Other Comprehensive Income (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) recognized in OCI on Derivatives (Effective Portion)		$ (79)	$ 24,564
Amount of Gain (Loss) recognized in income on Derivative (Ineffective Portion and Amount excluded from Effectiveness Testing)		0	0
Amount of Gain (Loss) reclassified from OCI into Statement of Income (Effective Portion)		(2,902)	(9,254)
Non designated Hedges, amount of (Gain) Loss recognized in Statement of Income on Derivatives		(1,134)	(2,244)
Net revenues
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) reclassified from OCI into Statement of Income (Effective Portion)		3,871	2,495
Cost of Revenue
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) reclassified from OCI into Statement of Income (Effective Portion)		(5,312)	(9,427)
Selling, General and Administrative Expenses
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) reclassified from OCI into Statement of Income (Effective Portion)		(1,461)	(2,322)
Foreign Exchange Contract
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) recognized in OCI on Derivatives (Effective Portion)		1,847	24,564
Amount of Gain (Loss) recognized in income on Derivative (Ineffective Portion and Amount excluded from Effectiveness Testing)		0	0
Foreign Exchange Contract | Foreign Exchange (Gains) Losses, Net
Other Comprehensive Income (Loss) [Line Items]
Non designated Hedges, amount of (Gain) Loss recognized in Statement of Income on Derivatives	[1]	(1,134)	$ (2,244)
Interest Rate Swap
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (Loss) recognized in OCI on Derivatives (Effective Portion)		$ (1,926)
[1]	These forward foreign exchange contracts were entered into to hedge fluctuations in foreign exchange rates for recognized balance sheet items such as receivables and intercompany borrowings, and were not originally designated as hedges under FASB guidance on derivatives and hedging. Realized (gains) losses and changes in the fair value of these derivatives are recorded in foreign exchange (gains) losses, net in the consolidated statements of income.

Prepaid Expenses and Other Cu65

Prepaid Expenses and Other Current Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Prepaid Expenses And Other Current Assets [Line Items]
Advance income and non-income taxes	$ 97,466	$ 52,953
Deferred transition costs	37,594	36,620
Derivative instruments	20,036	18,284
Prepaid expenses	13,231	12,565
Customer acquisition cost	8,282	6,687
Employee advances	4,787	3,878
Deposits	1,745	1,820
Advances to suppliers	7,309	8,028
Others	8,085	13,190
Prepaid expenses and other current assets, net	$ 198,535	$ 154,025

Property, Plant and Equipment66

Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 569,559	$ 556,518
Less: Accumulated depreciation and amortization	(389,860)	(381,122)
Property, plant and equipment, net	$ 179,699	$ 175,396

Property, Plant and Equipment67

Property, Plant and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 13,155	$ 13,517
Depreciation Expense on Property, Plant And Equipment
Property, Plant and Equipment [Line Items]
Depreciation and amortization	11,104	11,717
Computer Software Amortization
Property, Plant and Equipment [Line Items]
Depreciation and amortization	2,345	2,362
Effect of Reclassification of Foreign Exchange (Gains) Losses
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 294	$ 562

Changes in Goodwill (Detail)

Changes in Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Goodwill [Line Items]
Opening balance	$ 1,038,346	$ 1,057,214
Goodwill relating to acquisitions consummated during the period	14,479	7,674
Impact of measurement period adjustments		(135)
Effect of exchange rate fluctuations	2,912	(26,407)
Closing balance	$ 1,055,737	$ 1,038,346

Goodwill and Intangible Asset69

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill deductible for tax purposes	$ 38,070		$ 36,390
Amortization of acquired intangible assets	6,145	$ 7,341
Intangible assets write-down	$ 4,943

Intangible Assets Acquired Eith

Intangible Assets Acquired Either Individually or with Group of Other Assets or in Business Combination (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 394,011	$ 391,513
Accumulated amortization	304,363	292,911
Net	89,648	98,601
Customer-Related Intangible Assets
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	320,177	319,035
Accumulated amortization	252,899	247,463
Net	67,278	71,572
Marketing-Related Intangible Assets
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	42,697	42,749
Accumulated amortization	27,763	27,021
Net	14,934	15,728
Other Intangible Assets
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	31,137	29,729
Accumulated amortization	23,701	18,427
Net	$ 7,436	$ 11,301

Short-Term Borrowings - Additio

Short-Term Borrowings - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2016	Jun. 30, 2015	Dec. 31, 2015	Mar. 23, 2015	Jan. 27, 2015	Aug. 30, 2012
Line of Credit Facility [Line Items]
Fund-based and non-fund-based credit facilities limits available	$ 15,502		$ 15,781
Utilization of credit facility for non fund-based usage	10,630		10,301
Credit facility, maximum borrowing capacity						$ 925,000
Credit facility, amount utilized	$ 82,947		$ 22,947
Margin over LIBOR	1.50%	1.50%	1.50%
Percentage of commitment fee	0.25%		0.25%
Revolving credit facility, expiration month and year	2020-06
Line of credit covenant condition	The credit agreement contains certain customary covenants, including a maximum leverage covenant and a minimum interest coverage ratio.
Short term loans	$ 81,500		$ 21,500
Revolving Credit Facility
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	350,000					$ 250,000
Fund-Based Credit Facility
Line of Credit Facility [Line Items]
Credit facility, amount utilized	$ 81,500		$ 21,500
Margin over LIBOR	1.50%		1.50%
Non-Fund-Based Credit Facility
Line of Credit Facility [Line Items]
Credit facility, amount utilized	$ 1,447		$ 1,447
Morgan Stanley Senior Funding, Inc
Line of Credit Facility [Line Items]
Short term loans				$ 737,500	$ 672,500
Short term borrowings fixed interest rate	2.00%
Debt issuance cost	$ 1,045
Interest expense	$ 235

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2013	Mar. 31, 2016	Jun. 30, 2015	Dec. 31, 2015	Aug. 30, 2012
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity						$ 925,000
Term loan amounts outstanding, gross		$ 671,625
Unmodified portion of Term Loan		553,589
Extinguishment of outstanding term loan		118,036		$ 663,188
Increase in outstanding term loan		121,410
Acceleration amortization of debt issuance cost				$ 10,050
Margin over LIBOR			1.50%	1.50%	1.50%
Term loan amounts outstanding			$ 766,686		$ 776,466
Debt amortization expense			3,314		$ 3,534
Principal amount of term loan			$ 10,000
Credit facility, frequency of payments			Quarterly
Maturity date of term loan agreement			Jun. 30, 2020
New Credit Facility
Debt Instrument [Line Items]
Margin over LIBOR	1.50%
Credit facility, base rate	0.50%			0.50%
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity			$ 350,000			$ 250,000
Acceleration amortization of debt issuance cost		54		$ 65
Revolving Credit Facility | New Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 350,000			350,000
Term Loan Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		675,000
Term Loan Credit Facility | New Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 800,000			$ 800,000
Term Loans
Debt Instrument [Line Items]
Acceleration amortization of debt issuance cost		$ 3,103

Maturity Profile of Term Loan N

Maturity Profile of Term Loan Net of Debt Amortization Expense (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Long-Term Debt
2,016	$ 29,353
2,017	39,181
2,018	39,226
2,019	39,272
2,020	619,654
Term loan amounts outstanding	$ 766,686	$ 776,466

Accrued Expenses and Other Cu74

Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accrued Expenses and Other Current Liabilities [Line Items]
Accrued expenses	$ 147,140	$ 161,672
Accrued employee cost	96,541	158,054
Deferred transition revenue	45,157	44,974
Statutory liabilities	45,056	32,149
Retirement benefits	22,665	17,930
Derivative instruments	28,718	34,610
Advance from customers	23,649	19,815
Earn-out consideration	4,742	16,896
Other liabilities	12,468	12,210
Capital lease obligations	1,284	1,328
Accrued expenses and other current liabilities, net	$ 427,420	$ 499,638

Net Defined Benefit Plan Costs

Net Defined Benefit Plan Costs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Service costs	$ 1,403	$ 1,384
Interest costs	698	678
Amortization of actuarial loss	56	85
Expected return on plan assets	(486)	(549)
Net defined benefit plan costs	$ 1,671	$ 1,598

Amounts Contributed to Defined

Amounts Contributed to Defined Contribution Plans in Various Jurisdictions (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	$ 14,505	$ 12,199
India
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	4,303	3,909
U.S.
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	3,532	2,628
U.K.
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	1,652	1,040
China
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	3,753	3,516
Other regions
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	$ 1,265	$ 1,106

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	Apr. 11, 2012	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation cost		$ 5,250	$ 4,579
Options granted, contractual period, years		10 years
Unrecognized stock-based compensation cost for options		$ 12,484
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period, years		4 years
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period, years		5 years
2007 Omnibus Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amended Omnibus Plan, increase in number of common shares authorized for issuance	5,593,200			8,858,823
Number of common shares authorized for issuance	15,000,000
2005 Omnibus Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amended Omnibus Plan, increase in number of common shares authorized for issuance				495,915
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining requisite vesting period		2 years 2 months 12 days
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining requisite vesting period		2 years
Unrecognized stock-based compensation cost		$ 1,298
Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining requisite vesting period		1 year 6 months
Unrecognized stock-based compensation cost		$ 20,591
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of fair value per share allowed to eligible employees to purchase through payroll deductions		90.00%
Maximum percentage of employee's base salary allowed to be purchased		15.00%
Maximum dollar amount of common shares allowed to be purchased		$ 25
Common shares reserved for issuance		4,200,000
Number of common shares issued under ESPP		30,487	34,162
Compensation expense for ESPP		$ 86	$ 81

Significant Assumptions used in

Significant Assumptions used in Determination of Fair Value of Options Granted (Detail)	3 Months Ended
	Mar. 31, 2015
Assumptions used to Determine Fair Value Options [Line Items]
Dividend yield	0.00%
Expected life (in months)	84 months
Risk free rate of interest	1.99%
Volatility	34.97%

Summary of Stock Option Activit

Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2016	Dec. 31, 2015
Shares arising out of options
Outstanding, shares arising out of options, beginning balance		5,986,845
Granted, shares arising out of options		0
Forfeited, shares arising out of options		(25,000)
Expired, shares arising out of options		0
Exercised, shares arising out of options		(248,316)
Outstanding, shares arising out of options, ending balance		5,713,529	5,986,845
Vested and expected to vest thereafter, shares arising out of options	[1]	5,541,849
Vested and exercisable, shares arising out of options		3,492,030
Weighted average grant date fair value of grants during the period		$ 0
Weighted average exercise price
Outstanding weighted average exercise price, beginning balance		16.99
Granted, weighted average exercise price		0
Forfeited, weighted average exercise price		19.35
Expired, weighted average exercise price		0
Exercised, weighted average exercise price		16.96
Outstanding weighted average exercise price, ending balance		16.98	$ 16.99
Vested and expected to vest thereafter, weighted average exercise price	[1]	16.76
Vested and exercisable, weighted average exercise price		$ 15.34
Weighted average remaining contractual life (years)
Outstanding weighted average remaining contractual life (years)		5 years 6 months	5 years 9 months 18 days
Vested and expected to vest thereafter, weighted average remaining contractual life (years)	[1]	5 years 6 months
Vested and exercisable, weighted average remaining contractual life (years)		4 years 3 months 18 days
Aggregate intrinsic value
Exercised, aggregate intrinsic value		$ 0
Outstanding aggregate intrinsic value, ending balance		59,157
Vested and expected to vest thereafter, aggregate intrinsic value	[1]	57,790
Vested and exercisable, aggregate intrinsic value		$ 41,382
[1]	Options expected to vest reflect an estimated forfeiture rate.

Summary of Restricted Share Uni

Summary of Restricted Share Units Granted (Detail) - Restricted Share Units (RSUs) - $ / shares		3 Months Ended	12 Months Ended
		Mar. 31, 2016	Jan. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Number of Restricted Share Units
Outstanding number of shares (Units), beginning balance		157,390
Granted, number of shares (Units)		0
Vested, number of shares (Units)	[1]	(5,256)
Forfeited, number of shares (Units)		(1,135)
Outstanding number of shares (Units), ending balance		150,999		157,390
Expected to vest, number of shares (Units)	[2]	143,800
Weighted Average Grant Date Fair Value
Outstanding weighted average grant date fair value, beginning balance		$ 17.67
Granted, weighted average grant date fair value		0
Vested, weighted average grant date fair value	[1]	14.87
Forfeited, weighted average grant date fair value		14.18
Outstanding weighted average grant date fair value, ending balance		$ 17.80		$ 17.67
Vested RSU against which shares to be issued				53,546	92,692
RSUs settled on vesting by issuing shares (net of minimum tax withholding)		3,228	91,963
[1]	RSUs that vested during the period covered were net settled upon vesting by issuing 3,228 shares (net of minimum statutory tax withholding).
[2]	The number of RSUs expected to vest reflects an estimated forfeiture rate.

Summary of Restricted Share U81

Summary of Restricted Share Units Granted (Parenthetical) (Detail) - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Jan. 31, 2016
Restricted Share Units (RSUs)
Schedule Of Activity Related To Restricted Shares And Restricted Share [Line Items]
RSUs settled on vesting by issuing shares (net of minimum tax withholding)	3,228	91,963

Summary of Performance Units Ac

Summary of Performance Units Activity (Detail) - Performance Units	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Number of Share Units
Outstanding number of shares (Units), beginning balance	2,499,322
Granted, number of shares (Units)	0
Vested, number of shares (Units)	0
Forfeited, number of shares (Units)	(62,411)
Adjustment upon final determination of level of performance goal achievement	7,274	[1]
Outstanding number of shares (Units), ending balance	2,444,185
Expected to vest, number of shares	2,211,468	[2]
Weighted Average Grant Date Fair Value
Outstanding weighted average grant date fair value, beginning balance | $ / shares	$ 19.95
Granted, weighted average grant date fair value | $ / shares	0
Vested, weighted average grant date fair value | $ / shares	0
Forfeited, weighted average grant date fair value | $ / shares	19.56
Adjustment upon final determination of level of performance goal achievement | $ / shares	22.72	[1]
Outstanding weighted average grant date fair value, ending balance | $ / shares	$ 19.96
Maximum shares eligible to receive
Outstanding maximum shares eligible to receive, beginning balance	2,499,322
Granted, maximum shares eligible to receive	0
Vested, maximum shares eligible to receive	0
Forfeited, maximum shares eligible to receive	(62,411)
Adjustment upon final determination of level of performance goal achievement	7,274	[1]
Outstanding maximum shares eligible to receive, ending balance	2,444,185
[1]	Represents an adjustment made in March 2016 to the number of shares subject to the PUs granted in 2015 upon certification of the level of achievement of the performance targets underlying such awards.
[2]	The number of PUs expected to vest has been adjusted by an estimated forfeiture rate.

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Feb. 04, 2016	Feb. 28, 2015
Class of Stock [Line Items]
Stock repurchase authorized amount			$ 250,000,000
Shares repurchased and retired (in shares)	1,356,199	590,713
Common stock shares repurchased price per share	$ 24.35	$ 22.51
Aggregate amount of common stock shares repurchased	$ 33,017,000	$ 13,298,000
Expenses related to stock purchases	$ 27,000	$ 12,000
February 2015 Stock Repurchase Program
Class of Stock [Line Items]
Stock repurchase authorized amount			$ 500,000,000
Maximum
Class of Stock [Line Items]
Stock repurchase authorized amount				$ 250,000,000

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of stock options outstanding but not included in the computation of diluted earnings per common share	317,081	3,928,000

Earnings Per Share (Detail)

Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share (Abstract)
Net income available to Genpact Limited common shareholders	$ 58,565	$ 44,653
Weighted average number of common shares used in computing basic earnings per common share	210,780,165	219,892,695
Dilutive effect of stock-based awards	3,112,799	2,454,406
Weighted average number of common shares used in computing dilutive earnings per common share	213,892,964	222,347,101
Earnings per common share attributable to Genpact Limited common shareholders, Basic	$ 0.28	$ 0.20
Earnings per common share attributable to Genpact Limited common shareholders, Diluted	$ 0.27	$ 0.20

Cost of Revenue (Detail)

Cost of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Component of Operating Other Cost and Expense [Abstract]
Cost of revenue	$ 372,848	$ 357,476
Personnel expenses
Component of Operating Other Cost and Expense [Abstract]
Cost of revenue	254,028	242,948
Operational expenses
Component of Operating Other Cost and Expense [Abstract]
Cost of revenue	107,542	102,797
Depreciation and amortization
Component of Operating Other Cost and Expense [Abstract]
Cost of revenue	$ 11,278	$ 11,731

Selling, General and Administ87

Selling, General and Administrative Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Component of Operating Other Cost and Expense [Abstract]
Selling, general and administrative expenses	$ 160,149	$ 148,748
Personnel expenses
Component of Operating Other Cost and Expense [Abstract]
Selling, general and administrative expenses	108,400	105,838
Operational expenses
Component of Operating Other Cost and Expense [Abstract]
Selling, general and administrative expenses	49,578	40,562
Depreciation and amortization
Component of Operating Other Cost and Expense [Abstract]
Selling, general and administrative expenses	$ 2,171	$ 2,348

Other Operating Income (Expense

Other Operating Income (Expense), Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Components of Other Operating Income [Line Items]
Other operating (income) expense	$ (498)	$ (462)
Provision for impairment of intangible assets	4,943
Change in fair value of earn out consideration and deferred consideration (relating to business acquisitions)	(9,506)
Other operating (income) expense, net	$ (5,061)	$ (462)

Interest Income (Expense), Ne89

Interest Income (Expense), Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest Income Expense Net [Line Items]
Interest income	$ 2,364	$ 1,196
Interest expense	(5,202)	(10,221)
Interest income (expense), net	$ (2,838)	$ (9,025)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Line Items]
Unrecognized tax benefits	$ 23,559	$ 26,357
Unrecognized tax benefits that would impact effective tax rate	22,136	24,935
Unrecognized tax benefits, interest on income taxes accrued	3,682	4,223
Unrecognized tax benefits, excluding exchange rate differences in interest expense recognized	(533)	1,152
Accrued penalties	$ 958	$ 958

Activities Related to Unrecogni

Activities Related to Unrecognized Tax Benefits for Uncertain Tax Positions (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Income Tax Contingency [Line Items]
Beginning balance	$ 26,357
Increase related to prior year tax positions, including recorded in acquisition accounting	13
Decrease related to prior year tax positions	(764)
Decrease related to prior year tax position due to lapse of applicable statute of limitation	(166)
Decrease related to settlements with tax authorities	(2,000)
Effect of exchange rate changes	119
Ending balance	$ 23,559

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Related Party Transaction [Line Items]
Accounts receivable from related parties	$ 1,121		$ 1,980
Investment in equity affiliates	8,315		6,677
Affiliate of Significant Shareholder
Related Party Transaction [Line Items]
Recognized net revenues	79	$ 99
Customer In Which Companys Non-consolidating Affiliate
Related Party Transaction [Line Items]
Recognized net revenues	1,652	2,039
Accounts receivable from related parties	1,095
Non-Consolidating Affiliates
Related Party Transaction [Line Items]
Cost of revenue	498	390
Selling, general and administrative expenses, net of recovery	67	95
Investment in equity affiliates	3,783
Investment in equity affiliates	8,315		6,677
Cost reimbursements from non-consolidating affiliates	329
Non-Consolidating Affiliates | Accrued Expenses and Other Current Liabilities
Related Party Transaction [Line Items]
Investment in equity affiliates outstanding	3,736		3,736
Non-Consolidating Affiliates | Prepaid Expenses and Other Current Assets
Related Party Transaction [Line Items]
Reimbursements receivable	329		$ 853
Significant Shareholder of Company
Related Party Transaction [Line Items]
Selling, general and administrative expenses, net of recovery	$ 15	$ 399

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Commitments and Contingencies [Line Items]
Bank guarantees, outstanding	$ 12,077	$ 11,748
Capital Addition Purchase Commitments
Commitments and Contingencies [Line Items]
Commitments and contingencies	$ 7,337	$ 8,237