Genpact Limited (G) 10-Q 10 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 02, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Trading Symbol	G
Entity Registrant Name	GENPACT LTD
Entity Central Index Key	0001398659
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		189,973,506

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 325,377	$ 368,396
Accounts receivable, net	838,992	774,184
Prepaid expenses and other current assets	230,175	212,477
Total current assets	1,394,544	1,355,057
Property, plant and equipment, net	206,820	212,715
Operating lease right-of-use assets	266,947
Deferred tax assets	78,607	74,566
Investment in equity affiliates	852	836
Intangible assets, net	173,472	177,087
Goodwill	1,400,212	1,393,832
Contract cost assets	180,803	160,193
Other assets	202,557	155,159
Total assets	3,904,814	3,529,445
Current liabilities
Short-term borrowings	320,000	295,000
Current portion of long-term debt	34,016	33,483
Accounts payable	29,494	42,584
Income taxes payable	49,929	33,895
Accrued expenses and other current liabilities	536,048	571,350
Operating leases liability	42,294
Total current liabilities	1,011,781	976,312
Long-term debt, less current portion	966,873	975,645
Operating leases liability	251,712
Deferred tax liabilities	8,409	8,080
Other liabilities	170,870	165,226
Total liabilities	2,409,645	2,125,263
Shareholders' equity
Preferred shares, $0.01 par value, 250,000,000 authorized, none issued
Common shares, $0.01 par value, 500,000,000 authorized, 189,346,101 and 189,659,709 issued and outstanding as of December 31, 2018 and March 31, 2019, respectively	1,891	1,888
Additional paid-in capital	1,493,706	1,471,301
Retained earnings	483,175	438,453
Accumulated other comprehensive income (loss)	(483,603)	(507,460)
Total equity	1,495,169	1,404,182
Commitments and contingencies
Total liabilities and equity	$ 3,904,814	$ 3,529,445

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
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	189,659,709	189,346,101
Common shares, outstanding	189,659,709	189,346,101

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement [Abstract]
Net revenues	$ 809,206	$ 688,912
Cost of revenue	519,137	444,324
Gross profit	290,069	244,588
Operating expenses:
Selling, general and administrative expenses	191,402	171,109
Amortization of acquired intangible assets	8,509	9,936
Other operating (income) expense, net	86	(218)
Income from operations	90,072	63,761
Foreign exchange gains (losses), net	(3,432)	4,798
Interest income (expense), net	(11,123)	(8,100)
Other income (expense), net	3,803	15,550
Income before equity-method investment activity, net and income tax expense	79,320	76,009
Equity-method investment activity, net	4
Income before income tax expense	79,324	76,009
Income tax expense	18,483	12,075
Net income	60,841	63,934
Net loss attributable to redeemable non-controlling interest		761
Net income attributable to Genpact Limited shareholders	60,841	64,695
Net income available to Genpact Limited common shareholders	$ 60,841	$ 64,695
Earnings per common share attributable to Genpact Limited common shareholders
Basic	$ 0.32	$ 0.34
Diluted	$ 0.31	$ 0.33
Weighted average number of common shares used in computing earnings per common share attributable to Genpact Limited common shareholders
Basic	189,451,845	192,816,626
Diluted	193,394,208	196,288,569

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 60,841	$ 64,695
Other comprehensive income:
Currency translation adjustments	10,491	(9,335)
Net income (loss) on cash flow hedging derivatives, net of taxes	13,156	(18,932)
Retirement benefits, net of taxes	210	513
Other comprehensive income (loss)	23,857	(27,754)
Comprehensive income (loss)	$ 84,698	36,941
Redeemable non-controlling interest, Net income (loss)		(761)
Redeemable non-controlling interest, Other comprehensive income:
Redeemable non-controlling interest, Currency translation adjustments		(424)
Redeemable non-controlling interest, Other comprehensive income (loss)		(424)
Redeemable non-controlling interest, Comprehensive income (loss)		$ (1,185)

Consolidated Statements of Equi

Consolidated Statements of Equity and Redeemable Non-controlling Interest - USD ($) $ in Thousands	Total		Common shares	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance, value at Dec. 31, 2017	$ 1,424,044		$ 1,924	$ 1,421,368	$ 355,982	$ (355,230)
Beginning balance, value (in shares) at Dec. 31, 2017			192,825,207
Redeemable non-controlling interest, Beginning balance at Dec. 31, 2017	4,750
Adoption of ASU (ASU 2014-09) at Dec. 31, 2017	17,924				17,924
Adoption of ASU (ASU 2018-02) at Dec. 31, 2017	2,265
Adjusted balance, value at Dec. 31, 2017	1,441,968		$ 1,924	1,421,368	373,906	(355,230)
Redeemable non-controlling interest, Adjusted balance at Dec. 31, 2017	4,750
Adoption of ASU | ASU 2018-02					(2,265)	2,265
Issuance of common shares on exercise of options	2,551		$ 2	2,549
Issuance of common shares on exercise of options (in shares)			161,837
Issuance of common shares under the employee stock purchase plan	1,651		$ 1	1,650
Issuance of common shares under the employee stock purchase plan (in shares)			58,476
Net settlement on vesting of restricted share units			$ 1	(1)
Net settlement on vesting of restricted share units (in shares)			55,631
Net settlement on vesting of performance units	(13,284)		$ 7	(13,291)
Net settlement on vesting of performance units (in shares)			691,958
Stock repurchased and retired	$ (95,984)		$ (32)	4,000	(99,952)
Stock repurchased and retired (in shares)	(3,015,999)		(3,179,974)
Expenses related to stock repurchase	$ (60)				(60)
Stock-based compensation expense	7,787			7,787
Acquisition of redeemable non- controlling interest	(1,165)			(1,165)
Redeemable non-controlling interest, Acquisition of redeemable non controlling interest	(3,565)
Comprehensive income (loss):
Net income (loss)	64,695				64,695
Redeemable non-controlling interest, Net income (loss)	(761)
Other comprehensive income (loss)	(27,754)					(27,754)
Redeemable non-controlling interest, Other comprehensive income (loss)	(424)
Dividend	(14,408)				(14,408)
End balance, value at Mar. 31, 2018	1,365,997		$ 1,903	1,422,897	321,916	(380,719)
End balance, value (in shares) at Mar. 31, 2018			190,613,135
Beginning balance, value at Dec. 31, 2018	$ 1,404,182		$ 1,888	1,471,301	438,453	(507,460)
Beginning balance, value (in shares) at Dec. 31, 2018	189,346,101		189,346,101
Issuance of common shares on exercise of options	$ 2,659		$ 1	2,658
Issuance of common shares on exercise of options (in shares)	145,535	[1]	135,535
Issuance of common shares under the employee stock purchase plan	$ 1,940		$ 1	1,939
Issuance of common shares under the employee stock purchase plan (in shares)			64,869
Net settlement on vesting of restricted share units	$ (652)		$ 1	(653)
Net settlement on vesting of restricted share units (in shares)			113,204
Stock repurchased and retired (in shares)	0
Stock-based compensation expense	$ 18,461			18,461
Comprehensive income (loss):
Net income (loss)	60,841				60,841
Other comprehensive income (loss)	23,857					23,857
Dividend	(16,119)				(16,119)
End balance, value at Mar. 31, 2019	$ 1,495,169		$ 1,891	$ 1,493,706	$ 483,175	$ (483,603)
End balance, value (in shares) at Mar. 31, 2019	189,659,709		189,659,709
[1]	Of this amount, 10,000 options were issued in April 2019.

Consolidated Statements of Eq_2

Consolidated Statements of Equity and Redeemable Non-controlling Interest (Parenthetical) - $ / shares	Feb. 07, 2019	Feb. 12, 2018	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Statement Of Stockholders Equity [Abstract]
Dividends per common share	$ 0.085	$ 0.075	$ 0.085	$ 0.075	$ 0.075	$ 0.06

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating activities
Net income attributable to Genpact Limited shareholders	$ 60,841	$ 64,695
Redeemable non-controlling interest, Net income (loss)		(761)
Net income	60,841	63,934
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	21,919	15,836
Amortization of debt issuance costs (including loss on extinguishment of debt)	443	488
Amortization of acquired intangible assets	8,509	9,936
Reserve for doubtful receivables	2,026	(103)
Unrealized loss (gain) on revaluation of foreign currency asset/liability	257	(8,525)
Equity-method investment activity, net	(4)
Stock-based compensation expense	18,461	7,787
Deferred income taxes	(5,522)	(4,625)
Others, net	(504)	(28)
Change in operating assets and liabilities:
Increase in accounts receivable	(64,763)	(6,025)
Increase in prepaid expenses, other current assets, contract cost assets, operating lease right-of-use assets and other assets	(36,220)	(37,008)
Decrease in accounts payable	(12,189)	(1,224)
Decrease in accrued expenses, other current liabilities, operating lease liabilities and other liabilities	(12,087)	(77,734)
Increase in income taxes payable	13,417	9,969
Net cash used for operating activities	(5,416)	(27,322)
Investing activities
Purchase of property, plant and equipment	(14,072)	(18,706)
Payment for internally generated intangible assets (including intangibles under development)	(7,914)	(4,365)
Proceeds from sale of property, plant and equipment	1,478	144
Payment for business acquisitions, net of cash acquired	(6,305)
Payment for purchase of redeemable non-controlling interest		(4,730)
Net cash used for investing activities	(26,813)	(27,657)
Financing activities
Repayment of capital/finance lease obligations	(1,780)	(537)
Repayment of long-term debt	(8,500)	(10,000)
Proceeds from short-term borrowings	50,000	105,000
Repayment of short-term borrowings	(25,000)
Proceeds from issuance of common shares under stock-based compensation plans	4,599	4,202
Payment for net settlement of stock-based awards	(652)	(13,284)
Payment of earn-out/deferred consideration	(8,400)	(1,476)
Dividend paid	(16,119)	(14,408)
Payment for stock repurchased and retired		(95,984)
Payment for expenses related to stock repurchase		(60)
Net cash used for financing activities	(5,852)	(26,547)
Effect of exchange rate changes	(4,938)	1,284
Net increase (decrease) in cash and cash equivalents	(38,081)	(81,526)
Cash and cash equivalents at the beginning of the period	368,396	504,468
Cash and cash equivalents at the end of the period	325,377	424,226
Supplementary information
Cash paid during the period for interest	8,486	13,194
Cash paid during the period for income taxes	$ 19,286	24,157
Property, plant and equipment acquired under capital lease obligations		$ 297

Organization

Organization	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Organization	1. Organization The Company is a global professional services firm that drives digitally-led innovation and runs digitally-enabled intelligent operations for its clients, guided by its experience running thousands of processes for hundreds of Fortune Global 500 clients. The Company has over 87,000 employees serving clients in key industry verticals from more than 25 countries.

Summary of significant accounti

Summary of significant accounting policies	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
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, 2018. 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 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 changes to additional paid-in capital. The Company’s share of non-controlling interest in subsidiary earnings is reflected in net loss (income) attributable to redeemable 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, valuations of derivative financial instruments, the measurement of lease liabilities and right-of-use (ROU) assets, measurements of stock-based compensation, assets and obligations related to employee benefits, the nature and timing of the satisfaction of performance obligations, the standalone selling price of performance obligations, variable consideration, other obligations for revenue recognition, income tax uncertainties and other contingencies. 2. Summary of significant accounting policies (Continued) 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 interest in the acquired business, measured at their acquisition date fair values. Contingent consideration is included within the acquisition cost and is recognized at its fair value on the acquisition date. A liability resulting from contingent consideration is remeasured to fair value as of each reporting date until the contingency is resolved. Changes in fair value are recognized in earnings. All assets and liabilities of the acquired businesses, including goodwill, are assigned to reporting units. Acquisition-related costs are expensed as incurred under selling, general and administrative expenses. 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 and developed internally 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 Technology-related intangible assets 2-8 years Other intangible assets 3-5 years 2. Summary of significant accounting policies (Continued) 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 11% and 14% of receivables as of December 31, 2018 and March 31, 2019, respectively. GE accounted for 8% and 13% (e) Accounts receivable Accounts receivable are recorded at the invoiced or to be invoiced amount and do not bear interest. Amounts collected on trade accounts receivable are included in net cash provided by operating activities in the consolidated statements of cash flows. The Company maintains an allowance for doubtful accounts for estimated losses inherent in its accounts receivable portfolio. In establishing the required allowance, management considers historical losses adjusted to take into account current market conditions and clients’ financial condition, the amount of receivables in dispute, and the current receivables’ aging and current payment patterns. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance sheet credit exposure related to its clients. (f) Revenue Recognition The Company derives its revenue primarily from business process outsourcing and information technology services, which are provided primarily on a time-and-material, transaction or fixed-price basis. The Company recognizes revenue when the promised services are delivered to customers for an amount that reflects the consideration to which the Company expects to be entitled in exchange for those services. Revenues from services rendered under time-and-material and transaction-based contracts are recognized as the services are provided. The Company’s fixed-price contracts include contracts for application development, maintenance and support services. Revenues from these contracts are recognized ratably over the term of the agreement. The Company accrues for revenue and unbilled receivables for services rendered between the last billing date and the balance sheet date. The Company’s customer contracts sometimes also include incentive payments received for discrete benefits delivered or promised to be delivered to clients or service level agreements that could result in credits or refunds to the client. Revenues relating to such arrangements are accounted for as variable consideration when the amount of revenue to be recognized can be estimated to the extent that it is probable that a significant reversal of any incremental revenue will not occur. 2. Summary of significant accounting policies (Continued) The Company records deferred revenue attributable to certain process transition activities where such activities do not represent separate performance obligations. Revenues relating to such transition activities are classified under contract liabilities and subsequently recognized ratably over the period in which the related services are performed. Costs relating to such transition activities are fulfillment costs which are directly related to the contract and result in the generation or enhancement of resources. Such costs are expected to be recoverable under the contract and are therefore classified as contract cost assets and recognized ratably over the estimated expected period of benefit under cost of revenue. Revenues are reported net of value-added tax, business tax and applicable discounts and allowances. Reimbursements of out-of-pocket expenses received from clients have been included as part of revenues. Revenue for performance obligations that are satisfied over time is recognized in accordance with the methods prescribed for measuring progress. The input (effort or cost expended) method has been used to measure progress towards completion as there is a direct relationship between input and productivity. Provisions for estimated losses, if any, on uncompleted contracts are recorded in the period in which such losses become probable based on the current contract estimates. The Company enters into multiple-element revenue arrangements in which a client may purchase a combination of products or services. Revenue from multiple-element arrangements is recognized, for each element, based on an allocation of the transaction price to each performance obligation on a relative standalone basis. Certain contracts may include offerings such as sale of licenses, which may be perpetual or subscription-based. Revenue from distinct perpetual licenses is recognized upfront at the point in time when the software is made available to the client. Revenue from distinct subscription based licenses is recognized at the point in time it is transferred to the client. Revenue from any associated maintenance or ongoing support services is recognized ratably over the term of the contract. For a combined software license/services performance obligation, revenue is recognized over the period that the services are performed. All incremental and direct costs incurred for acquiring contracts, such as certain sales commissions, are classified as contract cost assets. Such costs are amortized over the expected period of benefit and recorded under selling, general and administrative expenses. Other upfront fees paid to clients are classified as contract assets. Such costs are amortized over the expected period of benefit and recorded as an adjustment to the transaction price and subtracted from revenue. Timing of revenue recognition may differ from the timing of invoicing. If a payment is received in respect of services prior to the delivery of services, the payment is recognized as an advance from a client and classified as a contract liability. Contract assets and contract liabilities relating to the same client contract are offset against each other and presented on a net basis in the consolidated financial statements. Significant judgements The Company often enters into contracts with clients that include promises to transfer multiple products and services to the client. Determining whether products and services are considered distinct performance obligations that should be accounted for separately rather than together may require significant judgment. Judgment is also required to determine the standalone selling price for each distinct performance obligation. In instances where the standalone selling price is not directly observable, it is determined using information that may include market conditions and other observable inputs. 2. Summary of significant accounting policies (Continued) Client contracts sometimes include incentive payments received for discrete benefits delivered to clients or service level agreements that could result in credits or refunds to the client. Such amounts are estimated at contract inception and are adjusted at the end of each reporting period as additional information becomes available only to the extent that it is probable that a significant reversal of any incremental revenue will not occur. (g) Changes in accounting policies Except as described below, the Company has applied accounting policies consistently to all periods presented in these consolidated financial statements. The Company adopted Accounting Standards Codification Topic 842, Leases (“Topic 842”), effective January 1, 2019. The Company applied Topic 842 using the modified retrospective adoption approach, which involves recognizing new right-of-use (“ROU”) assets and lease liabilities in its statement of financial position for various operating leases. Therefore, comparative information has not been adjusted and continues to be reported under ASC Topic 840. As a result of the Company’s adoption of this new standard, all leases are classified as either operating leases or finance leases and are recorded on the balance sheet. The accounting for finance leases (capital leases under ASC 840) is substantially unchanged. The Company has elected the “package of practical expedients,” which allows the Company not to reassess, under the new standard, its prior conclusions about lease identification, lease classification and initial direct costs. The Company has also elected the practical expedients to not separate lease and non-lease components for all of its leases and to use the recognition exemptions for lease contracts that, at the commencement date, have a lease term of 12 months or less and do not contain a purchase option (“short-term leases”). As of January 1, 2019, the date of the Company’s initial application of ASC 842, the Company recognized its lease liabilities measured as the present value of lease payments not yet paid, discounted using the discount rate for the lease as of the date of initial application. The right-of-use asset for each existing lease as of the date of initial application includes an initial measurement of the lease liability adjusted for any lease payments made to the lessor at or before the date of initial application, accrued lease payments and any lease incentives received or any initial direct costs incurred by the Company as of the date of initial application. As a result of adoption of the ASC 842, the Company recognized additional lease liabilities of $328,978, and ROU assets of $309,687. Leases (effective January 1, 2019) At the inception of a contract, the Company assesses whether the contract is, or contains, a lease. The Company’s assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the term of the contract, and (3) whether the Company has the right to direct the use of the asset. At the inception of a lease, the consideration in the contract is allocated to each lease component based on its relative standalone price to determine the lease payments. Leases entered into prior to January 1, 2019 have been accounted for under ASC 840 and were not reassessed. Leases are classified as either finance leases or operating leases. A lease is classified as a finance lease if any one of the following criteria are met: (1) the lease transfers ownership of the asset by the end of the lease term, (2) the lease contains an option to purchase the asset that is reasonably certain to be exercised, (3) the lease term is for a major part of the remaining useful life of the asset or (4) the present value of the lease payments equals or exceeds substantially all of the fair value of the asset. A lease is classified as an operating lease if it does not meet any one of the above criteria. For all leases at the lease commencement date, a right-of-use asset and a lease liability are recognized. The lease liability represents the present value of the lease payments under the lease. Lease liabilities are initially measured at the present value of the lease payments not yet paid, discounted using the discount rate for the lease at lease commencement. The lease liabilities are subsequently measured on an amortized cost basis. The lease liability is adjusted to reflect interest on the liability and the lease payments made during the period. Interest on the lease liability is determined as the amount that results in a constant periodic discount rate on the remaining balance of the liability. 2. Summary of significant accounting policies (Continued) The ROU asset represents the right to use the leased asset for the lease term. The ROU asset for each lease initially includes the amount of the initial measurement of the lease liability adjusted for any lease payments made to the lessor at or before the commencement date, accrued lease liabilities and any lease incentives received or any initial direct costs incurred by the Company. The ROU asset of finance leases is subsequently measured at cost, less accumulated amortization and any accumulated impairment losses. The ROU asset of operating leases is subsequently measured from the carrying amount of the lease liability at the end of each reporting period, and is therefore equal to the carrying amount of lease liabilities adjusted for (1) unamortized initial direct costs, (2) prepaid/(accrued) lease payments and (3) the unamortized balance of lease incentives received. Leases with a lease term of 12 months or less from the commencement date that do not contain a purchase option are recognized as an expense on a straight-line basis over the lease term. Significant judgements The Company determines the lease term as the non-cancellable term of the lease, together with any periods covered by an option to extend the lease if it is reasonably certain to be exercised, or any periods covered by an option to terminate the lease, if it is reasonably certain not to be exercised. Under certain of its leases, the Company has a renewal and termination option to lease assets for additional terms between one and five years. The Company applies judgement in evaluating whether it is reasonably certain to exercise the option to renew or terminate the lease. The Company considers all relevant factors that create an economic incentive for it to exercise the renewal or termination option. After the commencement date, the Company reassesses the lease term if there is a significant event or change in circumstances that is within the Company’s control and affects its ability to exercise (or not to exercise) the option to renew or terminate. The company has applied an incremental borrowing rate for the purpose of computing lease liabilities based on the rate prevailing in different geographies. Upon the Company’s adoption of ASC 842, the Company applied an incremental borrowing rate to leases existing as of January 1, 2019, the date of initial application. Impact on consolidated financial statements 2. Summary of significant accounting policies (Continued) The following tables summarize the impact of the Company’s adoption of Topic 842 on its consolidated financial statements as of January 1, 2019. As reported December 31, 2018 Adoption of ASC 842 Increase (Decrease) Balance as of January 1, 2019 Prepaid expenses and other current assets 212,477 (3,529) 1 208,948 Operating lease right-of-use assets - 273,732 273,732 Other assets: finance lease right-of-use assets - 35,955 6 35,955 Other assets 155,159 (5,126) 3 150,033 Property, plant and equipment, net 212,715 (2,343) 2 210,372 Accrued expenses and other current liabilities 571,350 (1,123) 4 570,227 Operating leases liability (current) - 42,200 42,200 Operating leases liability (non-current) - 258,378 258,378 Other liabilities 165,226 (767) 5 164,459 1. Includes prepaid rent amounting to $3,160 and leasehold land amounting to $369, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively. 2. Represents vehicles recognized as capital leases under ASC 840 and reclassified as a finance lease right-of-use asset. 3. Includes prepaid rent amounting to $284 and leasehold land amounting to $4,842, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively. 4. Includes accrued lease liabilities of $4,562 adjusted with operating lease right-of-use assets offset by additional current portion of finance lease liabilities of $3,439 recognized upon the adoption of ASC 842. 5. Includes accrued lease liabilities of $25,728 adjusted with operating lease right-of-use assets offset by additional finance lease liabilities of $24,961 recognized upon the adoption of ASC 842. 6. The balance is included in “other assets” in the consolidated balance sheet. Summary of significant accounting policies (Continued) (h) Recently issued accounting pronouncements The authoritative bodies release standards and guidance which are assessed by management for their impact on the Company’s consolidated financial statements. The Company has adopted the following recently released accounting standards: The Company adopted ASC Topic 606, Revenue from Contracts with Customers The Company adopted ASC Topic 842, Leases, . In March 2019, the FASB issued ASU 2019-01, Leases (Topic 842): Codification Improvement. The new standard contains several amendments to clarify the codification more generally and/or to correct unintended application of guidance. The changes in the new standard eliminate the requirement for transition disclosures related to Topic 250-10-50-3. The guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within those years. Early application is permitted. In the quarter ended March 31, 2019, the Company adopted ASU 2019-01 effective January 1, 2019 and no prior periods have been adjusted. In August 2017, the FASB issued ASU 2017-12, “Derivatives and Hedging.” The amendment expands an entity’s ability to hedge accounting to non-financial and financial risk components and requires changes in the fair value of hedging instruments to be presented in the same income statement line as a hedged item. The ASU also amends the presentation and disclosure requirements for the effect of hedge accounting. The ASU must be adopted using a modified retrospective approach with a cumulative effect adjustment recorded to the opening balance of retained earnings as of the initial application date. The ASU is effective for the Company beginning January 1, 2019, including interim periods in the fiscal year 2019. On January 1, 2019, the Company assessed the impact of this ASU and concluded that it does not have any impact on its consolidated results of operations, cash flows, financial position and disclosures. In addition, the following recently released accounting standards have not yet been adopted by the Company. In June 2016, the FASB issued ASU No. 2016-13, “Measurement of credit losses on financial instruments.” The ASU requires measurement and recognition of expected credit losses for financial assets held by the Company. The ASU is effective for the Company beginning January 1, 2020, including interim periods in fiscal year 2020. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. In August 2018, the FASB issued ASU No. 2018-13, “Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement.” The ASU modifies the disclosure requirements with respect to fair value measurements. The ASU is effective for the Company beginning January 1, 2020, including interim periods in fiscal year 2020. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. In August 2018, the FASB issued ASU No. 2018-14, “Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans.” The ASU modifies the disclosure requirements with respect to defined benefit pension plans. The ASU is effective for the Company beginning January 1, 2021. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. 2. Summary of significant accounting policies (Continued) In August 2018, the FASB issued ASU No. 2018-15, “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” The ASU modifies the capitalization requirements with respect to implementation costs incurred by the customer in a hosting arrangement that is a service contract. The ASU is effective for the Company beginning January 1, 2020. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. (i) Reclassification Certain reclassifications have been made in the consolidated financial statements of prior periods to conform to the classification used in the current period. The impact of such reclassifications on the consolidated financial statements is not material.

Business acquisitions

Business acquisitions	3 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
Business Acquisitions	3. Business acquisitions A. Certain acquisitions (a) riskCanvas Holdings, LLC On January 7, 2019, the Company acquired 100% of outstanding equity interests in riskCanvas Holdings, LLC, a Delaware limited liability company, for total purchase consideration of $5,747. This amount includes cash consideration of $5,700, net of adjustment for working capital. No portion of the total consideration, payable in cash, was unpaid as of March 31, 2019. This acquisition expands the Company’s services in the areas of financial institution fraud, anti-money laundering and financial transaction surveillance and enhances its consulting capabilities for clients in the financial services industry. In connection with this acquisition, the Company recorded $1,700 in customer-related intangibles, $1,400 in software-related intangibles and $100 in restrictive covenants. Goodwill arising from the acquisition amounted to $2,547, which has been allocated to the Company’s India reporting unit and is deductible for tax purposes. The goodwill represents primarily the acquired capabilities, operating synergies and other benefits expected to result from combining the acquired operations with those of the Company. Acquisition-related costs of $967 have been included in selling, general and administrative expenses as incurred. In connection with the transaction, the Company also acquired certain assets with a value of $660 and assumed certain liabilities amounting to $707. The results of operations of the acquired business and the fair value of the acquired assets and assumed liabilities are included in the Company’s consolidated financial statements with effect from the date of the acquisition. (b) Barkawi Management Consultants GmbH & Co. KG and certain related entities On August 30, 2018, the Company acquired 100% of the outstanding equity/partnership interests in Barkawi Management Consultants GmbH & Co. KG, a German limited partnership, and certain affiliated entities in the United States, Germany and Austria (collectively referred to as “Barkawi”) for total purchase consideration of $101,307. This amount includes cash consideration of $95,625, net of cash acquired of $5,682. The total purchase consideration paid by the Company was $100,969, resulting in a payable of $338, which is outstanding as of March 31, 2019. The Company is evaluating adjustments related to certain tax positions, which, when determined, may result in the recognition of additional assets and liabilities as of the acquisition date. The measurement period will not exceed one year from the acquisition date. This acquisition enhances the Company’s supply chain management consulting capabilities. 3. Business acquisitions (Continued) In connection with the acquisition of Barkawi, the Company recorded $10,200 in customer-related intangibles and $1,800 in marketing-related intangibles, which have a weighted average amortization period of three years. Goodwill arising from the acquisition amounted to $81,250, which has been allocated to the Company’s India reporting unit and is partially deductible for tax purposes. The goodwill represents primarily the consulting expertise, operating synergies and other benefits expected to result from combining the acquired operations with those of the Company. Acquisition-related costs of $1,842 have been included in selling, general and administrative expenses as incurred. In connection with the transaction, the Company also acquired certain assets with a value of $17,314, assumed certain liabilities amounting to $10,149 and recognized a net deferred tax asset of $892. The results of operations of the acquired business and the fair value of the acquired assets and assumed liabilities are included in the Company’s consolidated financial statements with effect from the date of the acquisition. (c) Commonwealth Informatics Inc. On July 3, 2018, the Company acquired 100% of the outstanding equity interest in Commonwealth Informatics Inc. (“Commonwealth”), a Massachusetts corporation, for preliminary purchase consideration of $17,938. This amount includes cash consideration of $16,123, net of cash acquired of $1,477, and preliminary adjustments for working capital and indebtedness. As of March 31, 2019, the total consideration paid by the Company to the sellers was $17,333, resulting in a payable of $605. During the three months ended March 31, 2019, the Company recorded certain measurement period adjustments. The Company is evaluating certain tax positions, which, when determined, may result in the recognition of additional assets and liabilities as of the acquisition date. The measurement period will not exceed one year from the acquisition date. This acquisition enhances the Company’s signal management and pharmacovigilance capabilities for clients in the life sciences industry. In connection with the acquisition of Commonwealth, the Company recorded $2,200 in customer-related intangibles and $2,600 in technology-related intangible assets, which have a weighted average amortization period of four years. Goodwill arising from the acquisition amounted to $11,587, which has been allocated to the Company’s India reporting unit and is deductible for tax purposes. The goodwill represents primarily the acquired capabilities, operating synergies and other benefits expected to result from combining the acquired operations with those of the Company. Acquisition-related costs of $521 have been included in selling, general and administrative expenses as incurred. In connection with the transaction, the Company also acquired certain assets with a value of $2,583 and assumed certain liabilities amounting to $1,032. The results of operations of the acquired business and the fair value of the acquired assets and assumed liabilities are included in the Company’s consolidated financial statements with effect from the date of the acquisition.

Cash and cash equivalents

Cash and cash equivalents	3 Months Ended
	Mar. 31, 2019
Cash And Cash Equivalents [Abstract]
Cash and cash equivalents	4. Cash and cash equivalents As of December 31, As of March 31, 2018 2019 Cash and other bank balances 368,396 325,377 Total $ 368,396 $ 325,377

Accounts receivable, net of res

Accounts receivable, net of reserve for doubtful receivables	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
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, 2018 Three months ended March 31, 2019 Opening balance as of January 1 $ 23,660 $ 23,960 Additions charged/reversal released to cost and expense 1,857 2,026 Deductions/effect of exchange rate fluctuations (1,557 ) (85 ) Closing balance $ 23,960 $ 25,901 Accounts receivable were $798,144 and $864,893, and reserves for doubtful receivables were $23,960 and $25,901, resulting in net accounts receivable balances of $774,184 and $838,992 as of December 31, 2018 and March 31, 2019, respectively. In addition, accounts receivable due after one year amounting to $4,099 and $ Accounts receivable from related parties were $99 and $106 as of December 31, 2018 and March 31, 2019, respectively.

Fair value measurements

Fair value measurements	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
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 financial assets and liabilities were determined using the following inputs as of December 31, 2018 and March 31, 2019: As of December 31, 2018 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Other Unobservable Inputs Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 44,099 $ — $ 44,099 $ — Deferred compensation plan assets (a, e) $ 1,613 $ — $ — $ 1,613 Total $ 45,712 $ — $ 44,099 $ 1,613 Liabilities Earn-out consideration (Note b, d) $ 17,073 $ — $ — $ 17,073 Derivative instruments (Note b, c) $ 35,245 $ — $ 35,245 $ — Deferred compensation plan liability (b, f) $ 1,582 $ — $ — $ 1,582 Total $ 53,900 $ — $ 35,245 $ 18,655 6. Fair value measurements (Continued) As of March 31, 2019 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Other Unobservable Inputs Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 43,863 $ — $ 43,863 $ — Deferred compensation plan assets (a, e) 8,066 — — 8,066 Total $ 51,929 $ — $ 43,863 $ 8,066 Liabilities Earn-out consideration (Note b, d) $ 7,476 $ — $ — $ 7,476 Derivative instruments (Note b, c) 23,631 — 23,631 — Deferred compensation plan liability (b, f) 7,935 — — 7,935 Total $ 39,042 $ — $ 23,631 $ 15,411 (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 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) Deferred compensation plan assets consist of life insurance policies held under a Rabbi Trust. Assets held in the Rabbi Trust are valued based on the cash surrender value of the insurance contract, which is determined based on the fair value of the underlying assets included in the insurance portfolio and are therefore classified within level 3 of the fair value hierarchy. (f) The fair value of the deferred compensation plan liability is derived based on the fair value of the underlying assets in the insurance policies and is therefore classified within level 3 of the fair value hierarchy. 6. Fair value measurements (Continued) The following table provides a roll-forward of the fair value of earn-out consideration categorized as level 3 in the fair value hierarchy for the three months ended March 31, 2018 and 2019: Three months ended March 31, 2018 2019 Opening balance $ 24,732 $ 17,073 Earn-out consideration payable in connection with acquisitions — — Payments made on earn-out consideration (1,476 ) (10,000 ) Change in fair value of earn-out consideration (Note a) 17 - Others (Note b) 627 403 Ending balance $ 23,900 $ 7,476 (a) Changes in the fair value of earn-out consideration are reported in “other operating (income) expense, net” in the consolidated statements of income. (b) “Others” is comprised of interest expense included in “interest income (expense), net” and the impact of changes in foreign exchange reported in “foreign exchange gains (losses), net” in the consolidated statements of income. This also includes a cumulative translation adjustment reported as a component of “other comprehensive income (loss).” The following table provides a roll-forward of the fair value of deferred compensation plan assets categorized as level 3 in the fair value hierarchy for three months ended March 31, 2018 and 2019: Three months ended March 31, 2018 2019 Opening balance $ — $ 1,613 Redemptions — — Additions — 6,165 Change in fair value of deferred compensation plan assets (note a) — 288 Closing balance $ — $ 8,066 (a) Changes in the fair value of plan assets are reported in “other income (expense), net” in the consolidated statements of income. The following table provides a roll-forward of the fair value of deferred compensation liabilities categorized as level 3 in the fair value hierarchy for the three months ended March 31, 2018 and 2019: Three months ended March 31, 2018 2019 Opening balance $ — $ 1,582 Redemptions — — Additions — 6,165 Change in fair value of deferred compensation plan liabilities (note a) — 188 Closing balance $ — $ 7,935 (a) Changes in the fair value of deferred compensation liabilities are reported in “selling, general and administrative expenses” in the consolidated statements of income.

Derivative financial instrument

Derivative financial instruments	3 Months Ended
	Mar. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative financial instruments	7. Derivative financial instruments The Company is exposed to the risk of rate fluctuations on its foreign currency assets and liabilities and on foreign currency denominated forecasted cash flows and interest rates. 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 during a period of up to 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 (note a) Balance sheet exposure asset (liability) (note b) As of December 31, 2018 As of March 31, 2019 As of December 31, 2018 As of March 31, 2019 Foreign exchange forward contracts denominated in: United States Dollars (sell) Indian Rupees (buy) $ 1,439,000 $ 1,271,000 $ (3,643 ) $ 8,697 United States Dollars (sell) Mexican Peso (buy) - 9,000 - 213 United States Dollars (sell) Philippines Peso (buy) 55,800 42,750 (1,510 ) (1,028 ) Euro (sell) United States Dollars (buy) 136,412 127,477 4,804 6,961 Pound Sterling (buy) United States Dollars (sell) 128 - (128 ) - Euro (sell) Romanian Leu (buy) 41,198 30,316 (299 ) (665 ) Japanese Yen (sell) Chinese Renminbi (buy) 40,568 34,469 (2,195 ) (782 ) Pound Sterling (sell) United States Dollars (buy) 27,517 22,919 495 (79 ) Australian Dollars (sell) United States Dollars (buy) 89,780 83,317 3,548 2,731 Interest rate swaps (floating to fixed) 507,425 499,969 7,782 4,184 8,854 20,232 (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, foreign exchange, interest rate 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. 7. Derivative financial instruments (Continued) 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 the effects of future exchange rate variability on forecasted revenues and 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, that are 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, 2018 As of March 31, 2019 As of December 31, 2018 As of March 31, 2019 Assets Prepaid expenses and other current assets $ 23,038 $ 25,136 $ 11,490 $ 7,469 Other assets $ 9,571 $ 11,258 $ — $ — Liabilities Accrued expenses and other current liabilities $ 15,148 $ 9,444 $ 225 $ 35 Other liabilities $ 19,872 $ 14,152 $ — $ — 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. 7. Derivative financial instruments (Continued) 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, 2018 2019 Before-Tax amount Tax (Expense) or Benefit Net of tax Amount Before-Tax amount Tax (Expense) or Benefit Net of tax Amount Opening balance $ 50,529 $ (14,436 ) $ 36,093 $ (2,411 ) $ (5,524 ) $ (7,935 ) Adoption of ASU 2018-02 — 2,265 2,265 — — — Adjusted opening balance $ 50,529 $ (12,171 ) $ 38,358 $ (2,411 ) $ (5,524 ) $ (7,935 ) Net gains (losses) reclassified into statement of income on completion of hedged transactions 8,279 (1,616 ) 6,663 3,193 (1,571 ) 1,622 Changes in fair value of effective portion of outstanding derivatives, net (15,893 ) 3,625 (12,269 ) 18,402 (3,624 ) 14,778 Gain (loss) on cash flow hedging derivatives, net (24,172 ) 5,240 (18,932 ) 15,209 (2,053 ) 13,156 Closing balance $ 26,357 $ (6,931 ) $ 19,426 $ 12,798 $ (7,577 ) $ 5,221 The Company’s gains or losses recognized in other comprehensive income (loss) and their effects on financial performance are summarized below: Amount of Gain (Loss) Amount of Gain (Loss) reclassified recognized in OCI on Location of Gain (Loss) from OCI into Statement of Income Derivatives in Derivatives (Effective Portion) reclassified (Effective Portion) Cash Flow Three months ended from OCI into Three months ended Hedging March 31, Statement of Income March 31, Relationships 2018 2019 (Effective Portion) 2018 2019 Forward foreign exchange contracts $ (18,679 ) $ 20,583 Revenue $ (1,474 ) $ 973 Interest rate swaps 2,786 (2,181 ) Cost of revenue 7,270 644 Selling, general and administrative expenses 1,934 160 Interest expense 549 1,416 $ (15,893 ) $ 18,402 $ 8,279 $ 3,193 7. Derivative financial instruments (Continued) There were no gains (losses) recognized in income on the ineffective portion of derivatives and excluded from effectiveness testing Non-designated Hedges Amount of Gain (Loss) recognized in Statement of Income on Derivatives Three months ended March 31, Derivatives not designated as hedging instruments Location of Gain (Loss) recognized in Statement of Income on Derivatives 2018 2019 Forward foreign exchange contracts (Note a) Foreign exchange gains (losses), net $ (4,288 ) $ 3,660 $ (4,288 ) $ 3,660 (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, 2019
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
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, 2018 2019 Advance income and non-income taxes $ 58,701 $ 69,230 Contract asset (Note 19) 22,472 25,618 Prepaid expenses 25,996 27,452 Derivative instruments 34,528 32,605 Employee advances 3,772 3,499 Deposits 2,758 3,275 Advances to suppliers 1,998 2,409 Others 62,252 66,087 $ 212,477 $ 230,175

Property, plant and equipment,

Property, plant and equipment, net	3 Months Ended
	Mar. 31, 2019
Property Plant And Equipment [Abstract]
Property, plant and equipment, net	9. Property, plant and equipment, net The following table provides the gross and net amount of property, plant and equipment: As of December 31, As of March 31, 2018 2019 Property, plant and equipment, gross $ 660,754 $ 657,935 Less: Accumulated depreciation and amortization (448,039 ) (451,115 ) Property, plant and equipment, net $ 212,715 $ 206,820 Depreciation expense on property, plant and equipment for the three months ended March 31, 2018 and 2019 was $12,275 and $13,416, 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

Goodwill and intangible assets

Goodwill and intangible assets	3 Months Ended
	Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and intangible assets	10. Goodwill and intangible assets The following table presents the changes in goodwill for the year ended December 31, 2018 and three months ended March 31, 2019: As of December 31, As of March 31, 2018 2019 Opening balance $ 1,337,122 $ 1,393,832 Goodwill relating to acquisitions consummated during the period 91,936 2,547 Impact of measurement period adjustments 816 334 Effect of exchange rate fluctuations (36,042 ) 3,499 Closing balance $ 1,393,832 $ 1,400,212 The total amount of goodwill deductible for tax purposes was $187,546 and $188,200 as of December 31, 2018 and March 31, 2019, respectively. The Company’s intangible assets are as follows: As of December 31, 2018 As of March 31,2019 Gross carrying amount Accumulated amortization & Impairment Net Gross carrying amount Accumulated amortization & Impairment Net Customer-related intangible assets $ 368,558 $ 306,582 $ 61,976 $ 371,173 $ 313,520 $ 57,653 Marketing-related intangible assets 54,714 46,591 8,123 54,965 47,788 7,177 Technology-related intangible assets 76,790 33,976 42,814 127,650 37,263 90,387 Other intangible assets 1,204 1,077 127 1,212 1,085 127 Intangible assets under development 64,047 - 64,047 18,128 - 18,128 565,313 388,226 $ 177,087 $ 573,128 $ 399,656 $ 173,472 10. Goodwill and intangible assets (Continued) Amortization expenses for intangible assets acquired as a part of business combination and Amortization expenses for technology-related, internally-developed and other intangible assets disclosed in the consolidated statements of income under cost of revenue and selling, general and administrative expenses for the three months ended March 31, 2018 and 2019 were $400 and $3,645, respectively. Amortization expenses for the technology-related, internally-developed and other intangible assets 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

Short-term borrowings

Short-term borrowings	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
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, 2018 and March 31, 2019, the limits available were $14,281 and $14,375, respectively, of which $7,389 and $6,917 was utilized, constituting non-funded drawdown. (b) A fund-based and non-fund based revolving credit facility of $500,000 which the Company obtained through an amendment of its existing credit agreement on August 9, 2018, as described in note 12. Prior to the amendment, the Company’s revolving credit facility was $350,000. The amended credit facility expires on August 8, 2023. The funded drawdown amount under the Company’s revolving facilities bore interest at a rate equal to LIBOR plus a margin of 1.375% as of December 31, 2018

Long-term debt

Long-term debt	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Long-term debt	12. Long-term debt In August 2018, the Company amended its 2015 credit facility (“the 2015 Facility”), which was comprised of an $800,000 term loan and a $350,000 revolving credit facility. The amended facility is comprised of a $680,000 term loan, which represents the outstanding balance under the 2015 Facility as of the date of amendment, and a $500,000 revolving credit facility. The amended facility expires on August 8, 2023. The amendment did not result in a substantial modification of $550,814 of the outstanding term loan under the 2015 Facility. Further, as a result of the amendment, the Company extinguished the outstanding term loan under the 2015 Facility of $129,186 and obtained additional funding of $129,186, resulting in no change to the outstanding principal of the term loan under the amended facility. In connection with the amendment, the Company expensed $2,029, representing partial acceleration of the amortization of the existing unamortized debt issuance costs and an additional fee paid to the Company’s lenders related to the term loan. The overall borrowing capacity under the revolving credit facility increased from $350,000 to $500,000. The amendment of the revolving credit facility resulted in accelerated amortization of $82 relating to existing unamortized debt issuance cost. The remaining unamortized costs and an additional third party fee paid in connection with the amendment will be amortized over the term of the amended facility, which will expire on August 8, 2023. Borrowings under the amended credit facility bear interest at a rate equal to, at the election of the Company, either LIBOR plus an applicable margin equal to 1.375% per annum, compared to a margin of 1.50% under the 2015 facility, or a base rate plus an applicable margin equal to 0.375% per annum, compared to a margin of 0.50% under the 2015 facility, 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 1.375% per annum. The amended credit agreement contains certain customary covenants, including a maximum leverage covenant and a minimum interest coverage ratio. During the three months ended March 31, 2019, the Company was in compliance with the financial covenants. As of December 31, 2018 and March 31, 2019, the amount outstanding under the term loan, net of debt amortization expense of $2,158 and $2,028, was $660,841 and $652,472, respectively. As of December 31, 2018 and March 31, 2019, the term loan bore interest at a rate equal to LIBOR plus a margin of 1.375% per annum and 1.375% per annum, respectively. Indebtedness under the amended credit facility is unsecured. The amount outstanding on the term loan as of March 31, 2019 requires quarterly payments of $8,500, and the balance of the loan is due and payable upon the maturity of the term loan on August 8, 2023. The maturity profile of the term loan outstanding as of March 31, 2019, net of debt amortization expense, is as follows: Year ended Amount 2019 25,114 2020 33,509 2021 33,537 2022 33,564 2023 526,748 Total $ 652,472 12. Long-term debt (Continued) In March 2017, Genpact Luxembourg S.à.r.l. (the “Issuer”), a wholly owned subsidiary of the Company, issued $350,000 aggregate principal amount of 3.70% senior notes in a private offering, resulting in cash proceeds of approximately $348,519, net of an underwriting fee of $1,481. The issuance was fully guaranteed by the Company. In connection with the offering, the Company incurred other debt issuance costs of $1,161. The total debt issuance cost of $2,642 is being amortized over the life of the notes as additional interest expense. As of December 31, 2018 and March 31, 2019, the amount outstanding under the notes, net of debt amortization expense of $1,713 and $1,583, was $348,287 and $348,417, respectively, which is payable on April 1, 2022. The Issuer will pay interest on the notes semi-annually in arrears on April 1 and October 1 of each year, ending on the maturity date of April 1, 2022. The Company, at its option, may redeem the notes at any time in whole or in part, at a redemption price equal to (i) 100% of the principal amount of the notes redeemed, together with accrued and unpaid interest on the redeemed amount, and (ii) if the notes are redeemed prior to March 1, 2022, a specified “make-whole” premium. The notes are subject to certain customary covenants, including limitations on the ability of the Company and certain of its subsidiaries to incur debt secured by liens, engage in certain sale and leaseback transactions and consolidate, merge, convey or transfer their assets, and during the three months ended March 31, 2019, the Company and its applicable subsidiaries were in compliance with the covenants. Upon certain change of control transactions, the Issuer will be required to make an offer to repurchase the notes at a price equal to 101% of the aggregate principal amount of such notes, plus accrued and unpaid interest. The interest rate payable on the notes is subject to adjustment if the credit rating of the notes is downgraded, up to a maximum increase of 2.0%. In connection with the 3.70% senior notes private offering, the Issuer and the Company entered into a registration rights agreement with the initial purchasers of the outstanding unregistered notes pursuant to which the Issuer and the Company agreed to complete an exchange offer within 455 days after the date of the private offering upon terms identical in all material respects to the terms of the outstanding unregistered notes, except that the transfer restrictions, registration rights and additional interest provisions applicable to the outstanding unregistered notes would not apply to the exchange notes.

Accrued expenses and other curr

Accrued expenses and other current liabilities	3 Months Ended
	Mar. 31, 2019
Payables And Accruals [Abstract]
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, 2018 2019 Accrued expenses $ 179,843 $ 186,599 Accrued employee cost 210,251 151,101 Earn-out consideration 16,875 7,272 Statutory liabilities 42,728 61,839 Retirement benefits 22,921 25,122 Derivative instruments 15,373 9,479 Contract liabilities (Note 19) 64,744 65,619 Other liabilities 16,807 22,276 Capital lease obligations 1,808 - Finance lease liability - 6,741 $ 571,350 $ 536,048

Other liabilities

Other liabilities	3 Months Ended
	Mar. 31, 2019
Other Liabilities Disclosure [Abstract]
Other liabilities	14. Other liabilities Other liabilities consist of the following: As of December 31, As of March 31, 2018 2019 Accrued employee cost $ 6,341 $ 7,186 Earn-out consideration 198 204 Retirement benefits 50,370 51,968 Derivative instruments 19,872 14,152 Contract liabilities (Note 19) 53,796 57,566 Others 32,935 14,837 Capital lease obligations 1,714 - Finance lease liability - 24,957 $ 165,226 $ 170,870

Employee benefit plans

Employee benefit plans	3 Months Ended
	Mar. 31, 2019
Compensation And Retirement Disclosure [Abstract]
Employee benefit plans	15. 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 maintains 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, 2018 and 2019 include the following components: Three months ended March 31, 2018 2019 Service costs $ 1,995 $ 1,973 Interest costs 995 1,072 Amortization of actuarial loss 320 317 Expected return on plan assets (736 ) (633 ) Net defined benefit plan costs $ 2,574 $ 2,729 15. Employee benefit plans (Continued) Defined contribution plans During the three months ended March 31, 2018 and 2019, the Company contributed the following amounts to defined contribution plans in various jurisdictions: Three months ended March 31, 2018 2019 India $ 5,944 $ 6,565 U.S. 4,599 5,207 U.K. 2,137 2,423 China 4,394 4,773 Other regions 1,160 1,069 Total $ 18,234 $ 20,037 Deferred compensation plan On July 1, 2018, Genpact LLC, a wholly-owned subsidiary of the Company, adopted an executive deferred compensation plan (the “Plan”). The Plan provides a select group of U.S.-based members of Company management with the opportunity to defer from 1% to 80% of their base salary and from 1% to 100% of their qualifying bonus compensation (or such other minimums or maximums as determined by the Plan administrator from time to time) pursuant to the terms of the Plan. Participant deferrals are 100% vested at all times. The Plan also allows for discretionary supplemental employer contributions by the Company, in its sole discretion, which will be subject to a two-year vesting schedule (50% vesting on the one-year anniversary of approval of the contribution and 50% vesting on the second year anniversary of approval of the contribution) or such other vesting schedule as determined by the Company. The Plan also provides an option for participants to elect to receive deferred compensation and earnings thereon on either fixed date(s) no earlier than two years following the applicable Plan year (or end of the applicable performance period for performance-based bonus compensation) or following a separation from service, in each case either in a lump sum or in annual installments over a term of up to 15 years. Each Plan participant’s compensation deferrals are credited or debited with notional investment gains and losses equal to the performance of selected hypothetical investment funds offered under the Plan and elected by the participant. The Company has investments in funds held in Company-owned life insurance policies which are held in a Rabbi Trust that are classified as trading securities. Management determines the appropriate classification of the securities at the time they are acquired and evaluates the appropriateness of such classifications at each balance sheet date. The securities are classified as trading securities because they are held for resale in anticipation of short-term fluctuations in market prices. The trading securities are stated at fair value. The liability for the deferred compensation plan was $1,582 and $7,935 as of December 31, 2018 and March 31, 2019, respectively, and is included in “other liabilities” in the consolidated balance sheets. In connection with the administration of the Plan, the Company has purchased company-owned life insurance policies insuring the lives of certain employees. The cash surrender value of these policies was $1,613 and $8,066 as of December 31, 2018 and March 31, 2019, respectively. The cash surrender value of these insurance policies is included in “other assets” in the consolidated balance sheets. During the three months ended March 31, 2018 and 2019, the change in the fair value of Plan assets was $0 and $288, respectively, which is included in “other income (expense), net,” in the consolidated statements of income. During the three months ended March 31, 2018 and 2019, the change in the fair value of deferred compensation liabilities was $0 and $(188), respectively, which is included in “selling, general and administrative expenses.”

Stock-based compensation

Stock-based compensation	3 Months Ended
	Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-based compensation	16. Stock-based compensation The Company has issued options under the Genpact Limited 2007 Omnibus Incentive Compensation Plan (the “2007 Omnibus Plan”) and the Genpact Limited 2017 Omnibus Incentive Compensation Plan (the “2017 Omnibus Plan”) to eligible persons, including employees, directors and certain other persons associated with the Company. Under the 2007 Omnibus Plan, shares underlying options forfeited, expired, terminated or cancelled under any of the Company’s predecessor plans were 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. On May 9, 2017, the Company’s shareholders approved the adoption of the 2017 Omnibus Plan, pursuant to which 15,000,000 Company common shares are available for issuance. No grants may be made under the 2007 Omnibus Plan after the date of adoption of the 2017 Omnibus Plan. Grants that were outstanding under the 2007 Omnibus Plan as of the date of Company’s adoption of the 2017 Omnibus Plan remain subject to the terms of the 2007 Omnibus Plan. Stock-based compensation costs relating to the foregoing plans during the three months ended March 31, 2018 and March 31, 2019 were $7,597 and $18,231, respectively. Stock options All options granted under the 2007 and 2017 Omnibus 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 at 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 determining the fair value of options granted in the three months ended March 31, 2019. No options were granted in the three months ended March 31, 2018. Three months ended March 31, 2019 Dividend yield 1.08% Expected life (in months) 84 Risk-free rate of interest 2.63% Volatility 21.38% 16. Stock-based compensation (Continued) A summary of stock option activity during the three months ended March 31, 2019 is set out below: Three months ended March 31, 2019 Shares arising out of options Weighted average exercise price Weighted average remaining contractual life (years) Aggregate intrinsic value Outstanding as of January 1, 2019 7,261,675 $ 23.61 6.4 $ — Granted 1,771,068 27.70 — — Forfeited (85,000) 29.91 — — Expired — — — — Exercised (Note a) (145,535 ) 19.60 — 2,267 Outstanding as of March 31, 2019 8,802,208 $ 24.44 6.9 $ 94,577 Vested as of March 31, 2019 and expected to vest thereafter (Note b) 8,461,634 $ 24.30 6.9 $ 92,104 Vested and exercisable as of March 31, 2019 3,538,035 $ 18.43 3.8 $ 59,278 Weighted average grant date fair value of grants during the period $ 6.83 (a) Of this amount, 10,000 options were issued in April 2019. (b) Options expected to vest reflect an estimated forfeiture rate. As of March 31, 2019, the total remaining unrecognized stock-based compensation cost for options expected to vest amounted to $29,845, which will be recognized over the weighted average remaining requisite vesting period of 4.1 years. Restricted share units The Company has granted restricted share units, or RSUs, under the 2007 and 2017 Omnibus Plans. Each RSU represents the right to receive one common share. The fair value of each RSU is the market price of one common share of the Company on the date of the grant. The 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 RSU activity during the three months ended March 31, 2019 is set out below: Three months ended March 31, 2019 Number of Restricted Share Units Weighted Average Grant Date Fair Value Outstanding as of January 1, 2019 1,528,999 $ 27.45 Granted 221,328 33.64 Vested (Note a) (82,294 ) 26.88 Forfeited (27,393) 30.14 Outstanding as of March 31, 2019 1,640,640 $ 28.27 Expected to vest (Note b) 1,469,062 (a) 82,294 RSUs that vested during the period were net settled upon vesting by issuing 60,799 shares (net of minimum statutory tax withholding). (b) The number of RSUs expected to vest reflects the application of an estimated forfeiture rate. 52,875 RSUs vested in the year ended December 31, 2018, in respect of which 52,405 shares were issued during the three months ended March 31, 2019 after withholding shares to the extent required to satisfy minimum statutory withholding taxes. 16. Stock-based compensation (Continued) As of March 31, 2019, the total remaining unrecognized stock-based compensation cost related to RSUs amounted to $26,640, which will be recognized over the weighted average remaining requisite vesting period of 2.2 years. Performance units The Company also grants stock awards in the form of performance units, or PUs, and has granted PUs under both the 2007 and 2017 Omnibus Plans. Each PU represents the right to receive one 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 plans 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, 2019 is set out below: Three months ended March 31, 2019 Number of Performance Units Weighted Average Grant Date Fair Value Maximum Shares Eligible to Receive Outstanding as of January 1, 2019 3,712,402 $ 28.40 3,712,402 Granted 530,026 32.44 1,060,052 Vested - - - Forfeited (36,690 ) 27.76 (36,690 ) Adjustment upon final determination of level of performance goal achievement (Note a) (13,996) 30.68 Adjustment upon final determination of level of performance goal achievement (Note a) (13,996 ) Outstanding as of March 31, 2019 4,191,742 $ 28.91 4,721,768 Expected to vest (Note b) 3,965,713 (a) Represents an adjustment made in March 2019 to the number of shares subject to the PUs granted in 2018 upon certification of the level of achievement of the performance targets underlying such awards. (b) The number of PUs expected to vest reflects the application of an estimated forfeiture rate. As of March 31, 2019, the total remaining unrecognized stock-based compensation cost related to PUs amounted to $61,955, which will be recognized over the weighted average remaining requisite vesting period of 1.9 years. 16. Stock-based compensation (Continued) 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”). In April 2018, these plans were amended and restated, and their terms were extended to August 31, 2028. 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 may 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 of the subsequent May, August, November and February. 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, 2018 and 2019, 58,476 and 64,869 common shares, respectively, were issued under the 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, 2018 and 2019 was $190 and $230, respectively,

Capital stock

Capital stock	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Capital stock	17. Capital stock Share repurchases As of December 31, 2016, the Company’s board of directors (the “Board”) had authorized the Company to repurchase up to $750,000 of the Company’s common shares under its existing share repurchase program. On February 10, 2017, the Board approved up to an additional $500,000 in share repurchases, bringing the total authorization under the Company’s existing program to $1,250,000. 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 March 29, 2017, the Company entered into an accelerated share repurchase (“ASR”) agreement with Morgan Stanley & Co. LLC (the “Dealer”) to repurchase Company common shares for an aggregate purchase price of $200,000. Pursuant to the ASR agreement, as amended in November 2017, the Company paid the aggregate purchase price to the Dealer upfront and received an initial delivery of 6,578,947 common shares on March 30, 2017, an additional delivery of 350,006 common shares on December 29, 2017 and a final delivery of 163,975 common shares on January 17, 2018 upon final settlement of the transaction. The weighted average price per share of the common shares delivered was $28.20. The Company’s purchase of its common shares under the ASR has been recorded as a reduction in retained earnings. All repurchased shares have been retired. The final number of common shares repurchased by the Company under the ASR agreement was based on the volume-weighted average share price of the Company’s common shares during the term of the transaction, less a discount and subject to adjustments pursuant to the terms of the ASR agreement. 17. Capital stock (Continued) During the three months ended March 31, 2018, the Company also repurchased 3,015,999 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, 2018, retained earnings were reduced by the direct costs related to share repurchases of $60. Dividend On February 12, 2018, the Company announced that its Board of Directors had approved a 25% increase in its quarterly cash dividend to $0.075 per share, up from $0.06 per share in 2017, representing an annual dividend of $0.30 per common share, up from $0.24 per share in 2017, payable to holders of the Company’s common shares. On March 21, 2018, the Company paid a dividend of $0.075 per share, amounting to $14,408 in the aggregate, to shareholders of record as of March 9, 2018. On February 7, 2019, the Company announced that its Board of Directors had approved a 13% increase in its quarterly cash dividend to $0.085 per share, up from $0.075 per share in 2018, representing a planned annual dividend of $0.34 per common share, up from $0.30 per share in 2018, payable to holders of the Company’s common shares. On March 20, 2019, the Company paid a dividend of $0.085 per share, amounting to $16,119 in the aggregate, to shareholders of record as of March 8, 2019.

Earnings per share

Earnings per share	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings per share	18. 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 outstanding. 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. 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 weighted average shares outstanding, except where the result would be anti-dilutive. The number of stock awards outstanding but not included in the computation of diluted earnings per common share because their effect was anti-dilutive is 660,000 and 4,547,975 for the three months ended March 31, 2018 and 2019, respectively. Three months ended March 31, 2018 2019 Net income available to Genpact Limited common shareholders $ 64,695 $ 60,841 Weighted average number of common shares used in computing basic earnings per common share 192,816,626 189,451,845 Dilutive effect of stock-based awards 3,471,943 3,942,363 Weighted average number of common shares used in computing dilutive earnings per common share 196,288,569 193,394,208 Earnings per common share attributable to Genpact Limited common shareholders Basic $ 0.34 $ 0.32 Diluted $ 0.33 $ 0.31

Net revenues

Net revenues	3 Months Ended
	Mar. 31, 2019
Revenues [Abstract]
Net revenues	19. Disaggregation of revenue In the following tables, the Company’s revenue is disaggregated by customer classification, service type, major industrial vertical and location of service delivery center. Three months ended March 31, 2018 2019 GE $ 58,049 $ 109,042 Global Clients 630,863 700,164 Total net revenues $ 688,912 $ 809,206 Three months ended March 31, 2018 2019 Business process outsourcing $ 574,061 $ 681,263 Information technology services 114,851 127,943 Total net revenues $ 688,912 $ 809,206 Three months ended March 31, 2018 2019 Banking, financial services and insurance $ 269,491 $ 238,152 Consumer goods, retail, life sciences and healthcare 204,727 256,614 High tech, manufacturing and services 214,694 314,440 Total net revenues $ 688,912 $ 809,206 The Company has reclassified the disaggregation of its revenue to reflect how the Company groups its clients into key industry verticals. Revenue from prior periods is also presented based on the classifications used in the current period. Three months ended March 31, 2018 2019 India $ 389,134 $ 436,743 Asia, other than India 79,461 93,661 North and Latin America 152,280 181,763 Europe 68,037 97,039 Total net revenues $ 688,912 $ 809,206 19. Contract balances Accounts receivable include amounts for services that the Company has performed but for which payment has not been received. The Company typically follows a 30-day billing cycle and, as such, at any point in time may have accrued up to 30 days of revenues that have not been billed. The Company has determined that in instances where the timing of revenue recognition differs from the timing of invoicing, the related contracts generally do not include a significant financing component. Refer to note 5 for details on the Company’s accounts receivable and reserve for doubtful receivables. The following table provides details of the Company’s contract liabilities: Three months ended March 31, 2018 Three months ended March 31, 2019 Particulars Advance from customers Deferred transition revenue Advance from customers Deferred transition revenue Opening balance $ 26,266 $ 101,785 $ 22,892 $ 95,648 Impact of opening balance offset with contract liability — $ 21,348 3,821 $ 25,604 Gross opening balance $ 26,266 $ 123,133 $ 26,713 $ 121,252 Additions 11,248 14,162 14,147 24,217 Effect of business combinations - - 444 - Revenue recognized (2,944 ) (10,430 ) (10,912 ) (11,728 ) Currency translation adjustments - (10 ) (16 ) 128 Gross closing balance $ 34,570 $ 126,855 $ 30,376 $ 133,869 Impact of closing balance offset with contract asset — (24,427 ) (4,328 ) (36,732 ) Closing balance (Note a) $ 34,570 $ 102,428 $ 26,048 $ 97,137 (a) Included in “accrued expenses and other current liabilities” and “other liabilities” in the consolidated balance sheet. The following table includes estimated revenue expected to be recognized in the future related to remaining performance obligations as of March 31, 2019: Particulars Total Less than 1 year 1-3 years 3-5 years After 5 years Transaction price allocated to remaining performance obligations $ 97,158 39,592 42,471 12,561 2,534 The Company has applied the practical expedient related to contract duration and has not disclosed information about remaining performance obligations that have original expected durations of one year or less. 19. The following table provides details of the Company’s contract assets: Particulars Three months ended March 31, 2018 Three months ended March 31, 2019 Opening balance $ 43,366 $ 45,035 Impact of opening balance offset 21,348 29,425 Gross opening balance $ 64,714 $ 74,460 Additions 13,918 27,113 Reduction in revenue recognized (5,902 ) (13,560 ) Gross closing balance $ 72,730 $ 88,013 Impact of closing balance offset with contract liability (24,427 ) (41,062 ) Closing balance (Note b) $ 48,303 $ 46,951 (b) Included in "prepaid expenses and other current assets" and "other assets" in the consolidated balance sheet. The following table provides details of the Company’s contract cost assets: Three months ended March 31, 2018 Three months ended March 31, 2019 Particulars Sales incentive programs Transition activities Sales incentive programs Transition activities Opening balance $ 23,227 $ 139,284 $ 25,891 $ 134,302 Closing balance 23,271 139,164 36,380 144,423 Amortization 3,239 11,579 4,107 11,510

Cost of revenue

Cost of revenue	3 Months Ended
	Mar. 31, 2019
Other Income And Expenses [Abstract]
Cost of revenue	20. Cost of revenue Cost of revenue consists of the following: Three months ended March 31, 2018 2019 Personnel expenses $ 310,132 $ 380,178 Operational expenses 121,357 119,792 Depreciation and amortization 12,835 19,167 $ 444,324 $ 519,137

Selling, general and administra

Selling, general and administrative expenses	3 Months Ended
	Mar. 31, 2019
Selling General And Administrative Expenses [Abstract]
Selling, general and administrative expenses	21. Selling, general and administrative expenses Selling, general and administrative expenses consist of the following: Three months ended March 31, 2018 2019 Personnel expenses $ 128,068 $ 142,480 Operational expenses 40,389 46,210 Depreciation and amortization 2,652 2,712 $ 171,109 $ 191,402

Other operating (income) expens

Other operating (income) expense, net	3 Months Ended
	Mar. 31, 2019
Other Income And Expenses [Abstract]
Other operating (income) expense, net	22. Other operating (income) expense, net Three months ended March 31, 2018 2019 Other operating (income) expense $ (235 ) $ 86 Change in fair value of earn-out consideration and deferred consideration (relating to business acquisitions) 17 $ - Other operating (income) expense, net $ (218 ) $ 86

Interest income (expense), net

Interest income (expense), net	3 Months Ended
	Mar. 31, 2019
Banking And Thrift Interest [Abstract]
Interest income (expense), net	23. Interest income (expense), net Three months ended March 31, 2018 2019 Interest income $ 3,370 $ 1,764 Interest expense (11,470 ) (12,887 ) Interest income (expense), net $ (8,100 ) $ (11,123 )

Income taxes

Income taxes	3 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income taxes	24. 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. The Company’s effective tax rate (“ETR”) was 23.3% for the three months ended March 31, 2019, up from 15.7% for the three months ended March 31, 2018. The increase in the Company’s tax rate is primarily due to the expiration of certain special economic zone benefits in India, tax costs relating to an internal restructuring, changes in the jurisdictional mix of the Company’s income, a discrete tax expense in the first quarter of 2019 and certain discrete tax benefits recorded in the first quarter of 2018. As of December 31, 2018, the Company had unrecognized tax benefits amounting to $26,722, including an amount of $25,485, 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, 2019 to March 31, 2019: 2019 Opening balance at January 1 $ 26,722 Decrease related to prior year tax positions (5 ) Decrease related to prior year tax position due to lapse of applicable statute of limitation (27 ) Effect of exchange rate changes 150 Closing balance at March 31 $ 26,840 24. Income taxes (Continued) The Company’s unrecognized tax benefits as of March 31, 2019 include an amount of $25,602, which, if recognized, would impact the effective tax rate. As of March 31, 2019 and December 31, 2018, the Company had accrued approximately $5,259 and $5,081, respectively, in interest relating to unrecognized tax benefits. During the year ended December 31, 2018 and the three months ended March 31, 2019, the company recognized approximately $467 and $178, respectively, excluding the impact of exchange rate differences, in interest on unrecognized tax benefits. As of December 31, 2018 and March 31, 2019, the Company had accrued approximately $995 and $998, respectively, for penalties.

Related party transactions

Related party transactions	3 Months Ended
	Mar. 31, 2019
Related Party Transactions [Abstract]
Related party transactions	25. 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 During the three months ended March 31, 2018 and 2019, the Company recognized net revenues of $304 and $159, Cost of revenue 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, 2018 and 2019, cost of revenue includes an amount of $191 and $148, respectively, 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, 2018 and 2019, selling, general and administrative expenses include an amount of $49 and $24, respectively, During the three months ended March 31, 2018 and 2019, the Company engaged a significant shareholder to provide certain services Investment in equity affiliates As of December 31, 2018 and March 31, 2019, the Company’s investments in its non-consolidating affiliates amounted to $836 and $852, respectively.

Other Income (expense), net

Other Income (expense), net	3 Months Ended
	Mar. 31, 2019
Other Nonoperating Income Expense [Abstract]
Other Income (expense), net	26. Other income (expense), net Three months ended March 31, 2018 2019 Government incentives $ 15,500 $ 3,976 Other income/(expense) 50 (173 ) Other income (expense), net $ 15,550 $ 3,803

Commitments and contingencies

Commitments and contingencies	3 Months Ended
	Mar. 31, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and contingencies	27. Commitments and contingencies Capital commitments As of December 31, 2018 and March 31, 2019, the Company has committed to spend $4,859 and $7,458, 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 $9,487 and $9,016 as of December 31, 2018 and March 31, 2019, respectively. Bank guarantees are generally provided to government agencies and excise and customs authorities for the purpose of maintaining a bonded warehouse. These guarantees may be revoked if the government agencies suffer any losses or damages through the breach of any of the covenants contained in the agreements governing such guarantees. Other commitments Certain units of our Indian subsidiaries are established as Software Technology Parks of India (“STPI”) units or Special Economic Zone (“SEZ”) units under the relevant regulations issued by the Government of India. These units are exempt from customs and central excise duties, and other levies on imported and indigenous capital goods, stores and spares, and service tax on services. SEZ units are also exempt from the goods and services tax (“GST”) that was introduced in India in 2017. The Company has undertaken to pay taxes and duties, if any, in respect of capital goods, stores, spares and services consumed duty-free, in the event that certain terms and conditions are not fulfilled. Contingency During the quarter ended March 31, 2019, there was a judicial pronouncement in India with respect to defined contribution benefits payments interpreting certain statutory defined contribution obligations of employees and employers. It is not currently clear whether the interpretation set out in the pronouncement has retrospective application. If applied retrospectively, the interpretation would result in an increase in contributions payable by the Company for past and future periods for certain of its India-based employees. There are numerous interpretative challenges concerning the retrospective application of the judgment. Due to such challenges and a lack of interpretive guidance, and based on legal advice the Company has obtained on the matter, it is currently impracticable to reliably estimate the timing and amount of any payments the Company may be required to make. Accordingly, the Company plans to obtain further clarity and will evaluate the amount of a potential provision, if any.

Leases

Leases	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases	28. Leases The Company has leased buildings, vehicles, furniture and fixtures, leased lines, computer equipment and servers, and plants, machinery and equipment from various lessors. Certain lease agreements include options to terminate or extend the leases for up to 5 years. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease cost for operating and finance leases for the three months ended March 31, 2019 are summarized below: Finance lease cost Amortization of right-of-use assets (Note a) 1,850 Interest on lease liabilities (Note b) 663 Operating lease cost (Note c) 14,109 Short-term lease cost (Note c) 84 Variable lease cost (Note c) 2,884 Total lease cost 19,590 a) Included in “depreciation and amortization” in the consolidated statements of income. b) Included in “interest income (expense), net” in the consolidated statements of income. c) Included in “cost of revenue” and “selling, general and administrative expenses” in the consolidated statements of income. ROU assets relating to finance leases of $35,544 as of March 31, 2019 are included in “Other assets.” Other information Weighted-average remaining lease term—finance leases 5.32 years Weighted-average remaining lease term—operating leases 7.21 years Weighted-average discount rate—finance leases 9.48 % Weighted-average discount rate—operating leases 7.21 % Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases 663 Operating cash flows from operating leases 17,220 Financing cash flows from finance leases 1,780 The following table reconciles the undiscounted cash flows for operating and finance leases as of March 31, 2019 to the operating and finance lease liabilities recorded on the balance sheet: Period range Finance lease Operating lease Year 1 8,965 62,878 Year 2 8,111 56,639 Year 3 5,381 50,276 Year 4 5,674 44,642 Year 5 4,862 38,227 More than five years 6,221 130,010 Total lease payments 39,214 382,672 Less: imputed interest 7,516 88,666 Total lease liabilities 31,698 294,006

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	29. Subsequent Events Dividend On May 9, 2019, the Company announced that its Board of Directors has declared a dividend for the second quarter of 2019 of $0.085 per common share, which is payable on June 21, 2019 to shareholders of record as of the close of business on June 12, 2019. The declaration of any future dividends will be at the discretion of the Board of Directors.

Guarantor financial information

Guarantor financial information	3 Months Ended
	Mar. 31, 2019
Guarantor Financial Information [Abstract]
Guarantor financial information	30. Guarantor financial information In March 2017, the Issuer issued $350,000 aggregate principal amount of 3.70% senior notes in a private offering. See Note 12 for additional information. Condensed Consolidating Balance Sheet As of March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Assets Current assets Cash and cash equivalents $ 20,432 $ 1,853 $ 303,092 $ — $ 325,377 Accounts receivable intercompany, net 98,833 — — (98,833 ) — Accounts receivable, net — — 838,992 — 838,992 Intercompany loans 557,213 3,300 1,982,655 (2,543,168 ) — Intercompany other receivable 22,859 85,209 126,127 (234,195 ) — Prepaid expenses and other current assets 1,368 2,976 225,831 — 230,175 Total current assets $ 700,705 $ 93,338 $ 3,476,697 $ (2,876,196 ) $ 1,394,544 Property, plant and equipment, net 388 — 206,432 — 206,820 Operating lease right-of-use assets — — 266,947 — 266,947 Intercompany loans 100,000 — 500,000 (600,000 ) — Deferred tax assets (0 ) — 78,607 — 78,607 Investment in subsidiaries 560,371 3,172,298 582,493 (4,315,162 ) — Investment in equity affiliates (0 ) — 852 — 852 Investment in debentures, intercompany 576,868 153,493 — (730,361 ) — Intercompany other receivable — 61,317 — (61,317 ) — Intangible assets, net — — 173,472 — 173,472 Goodwill — — 1,400,212 — 1,400,212 Contract cost assets — — 180,803 — 180,803 Other assets 592 — 201,965 — 202,557 Total assets $ 1,938,924 $ 3,480,446 $ 7,068,480 $ (8,583,036 ) $ 3,904,814 Liabilities and equity Current liabilities Short-term borrowings $ 100,000 $ — $ 220,000 $ — $ 320,000 Intercompany loans 225,518 1,965,637 352,013 (2,543,168 ) — Current portion of long-term debt 4,961 — 29,055 — 34,016 Accounts payable 58 95 29,341 — 29,494 Intercompany accounts payable — — 98,833 (98,833 ) — Income taxes payable - - 49,929 — 49,929 Intercompany other payable 49,430 79,813 104,952 (234,195 ) — Accrued expenses and other current liabilities 10,345 5,270 520,433 — 536,048 Operating leases liability - - 42,294 - 42,294 Total current liabilities 390,312 2,050,815 1,446,850 (2,876,196 ) 1,011,781 Long-term debt, less current portion 439,554 — 527,319 — 966,873 Operating leases liability — — 251,712 — 251,712 Deferred tax liabilities — — 8,409 — 8,409 Intercompany other payable — — 61,317 (61,317 ) — Non-current intercompany loans payable 500,000 — 830,361 (1,330,361 ) — Other liabilities 204 93 170,573 — 170,870 Total liabilities $ 1,330,070 $ 2,050,908 $ 3,296,541 $ (4,267,874 ) $ 2,409,645 Shareholders' equity 608,854 1,429,538 3,771,939 (4,315,162 ) 1,495,169 Commitments and contingencies — — — — — Total liabilities and equity $ 1,938,924 $ 3,480,446 $ 7,068,480 $ (8,583,036 ) $ 3,904,814 30. Guarantor financial information (continued) Condensed Consolidating Balance Sheet As of December 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Assets Current assets Cash and cash equivalents $ 12,797 $ 2,505 $ 353,094 $— $ 368,396 Accounts receivable intercompany, net 89,958 — — (89,958 ) — Accounts receivable, net — — 774,184 — 774,184 Intercompany loans 447,578 1,300 1,835,608 (2,284,486 ) — Intercompany other receivable 33,224 52,783 117,537 (203,544 ) — Prepaid expenses and other current assets 2,242 1,278 208,957 — 212,477 Total current assets $ 585,799 $ 57,866 $ 3,289,380 $ (2,577,988 ) $ 1,355,057 Property, plant and equipment, Net 388 — 212,327 — 212,715 Intercompany loans 100,000 — 500,000 (600,000 ) — Deferred tax assets — — 74,566 — 74,566 Investment in subsidiaries 548,654 3,073,467 557,089 (4,179,210 ) — Investment in equity affiliates — — 836 — 836 Investment in debentures/bonds, intercompany 571,919 50,393 — (622,312 ) — Intercompany other receivable — 83,169 — (83,169 ) — Intangible assets, net — — 177,087 — 177,087 Goodwill — — 1,393,832 — 1,393,832 Contract cost assets — — 160,193 — 160,193 Other assets 682 — 154,477 — 155,159 Total assets $ 1,807,442 $ 3,264,895 $ 6,519,787 $ (8,062,679 ) $ 3,529,445 Liabilities and equity Current liabilities Short-term borrowings $ 100,000 $— $ 195,000 $— $ 295,000 Intercompany loans 128,572 1,849,537 306,377 (2,284,486 ) — Current portion of long-term debt 4,961 — 28,522 — 33,483 Accounts payable 1,636 520 40,428 — 42,584 Intercompany accounts payable — — 89,958 (89,958 ) — Income taxes payable — — 33,895 — 33,895 Intercompany other payable 47,844 70,973 84,727 (203,544 ) — Accrued expenses and other current liabilities 5,248 5,157 560,945 — 571,350 Total current liabilities $ 288,261 $ 1,926,187 $ 1,339,852 $ (2,577,988 ) $ 976,312 Long-term debt, less current portion 440,665 — 534,980 — 975,645 Deferred tax liabilities — — 8,080 — 8,080 Intercompany other payable — — 83,169 (83,169 ) — Non-current intercompany loans payable 500,000 — 722,312 (1,222,312 ) — Other liabilities 197 154 164,875 — 165,226 Total liabilities $ 1,229,123 $ 1,926,341 $ 2,853,268 $ (3,883,469 ) $ 2,125,263 Redeemable non-controlling interest — — — — — Shareholders' equity 578,319 1,338,554 3,666,519 (4,179,210 ) 1,404,182 Commitments and contingencies — — — — — Total liabilities and equity $ 1,807,442 $ 3,264,895 $ 6,519,787 $ (8,062,679 ) $ 3,529,445 30. Guarantor financial information (continued) Condensed Consolidating Statement of Income (Loss) Three months ended March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Net revenues $ 11,432 $ — $ 809,206 $ (11,432 ) $ 809,206 Cost of revenue — 4,614 514,523 — 519,137 Gross profit $ 11,432 $ (4,614 ) $ 294,683 $ (11,432 ) $ 290,069 Operating expenses: Selling, general and administrative expenses 2,926 4,335 195,573 (11,432 ) 191,402 Amortization of acquired intangible assets — — 8,509 — 8,509 Other operating (income) expense, net — — 86 — 86 Income (loss) from operations $ 8,506 $ (8,949 ) $ 90,515 $ — $ 90,072 Foreign exchange gains (losses), net 954 (23 ) (4,363 ) — (3,432 ) Interest income (expense), net (5,341 ) — (5,782 ) — (11,123 ) Intercompany interest income (expense), net 18,702 (5,167 ) (13,535 ) — — Other income (expense), net (35 ) — 3,838 — 3,803 Income (loss) before equity-method investment activity, net and income tax expense $ 22,786 $ (14,139 ) $ 70,673 $ — $ 79,320 Gain (loss) on equity-method investment activity, net 1,984 74,980 21,146 (98,106 ) 4 Income before income tax expense $ 24,770 $ 60,841 $ 91,819 $ (98,106 ) $ 79,324 Income tax expense 1,640 — 16,843 — 18,483 Net income $ 23,130 $ 60,841 $ 74,976 $ (98,106 ) $ 60,841 Net loss attributable to redeemable non-controlling interest — — — — — Net income attributable to Genpact Limited shareholders $ 23,130 $ 60,841 $ 74,976 $ (98,106 ) $ 60,841 30. Guarantor financial information (continued) Condensed Consolidating Statement of Income (Loss) Three months ended March 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Net revenues $ 11,939 $ — $ 686,449 $ (9,476 ) $ 688,912 Cost of revenue — — 444,324 — 444,324 Gross profit $ 11,939 $ — $ 242,125 $ (9,476 ) $ 244,588 Operating expenses: Selling, general and administrative expenses 1,623 1,492 177,536 (9,542 ) 171,109 Amortization of acquired intangible assets — — 9,936 — 9,936 Other operating (income) expense, net 17 — (235 ) — (218 ) Income (loss) from operations $ 10,299 $ (1,492 ) $ 54,888 $ 66 $ 63,761 Foreign exchange gains (losses), net 953 221 3,624 — 4,798 Interest income (expense), net (3,489 ) — (4,611 ) — (8,100 ) Intercompany interest income (expense), net 20,543 (3,235 ) (17,308 ) — — Other income (expense), net — — 15,550 — 15,550 Income (loss) before equity-method investment activity, net and income tax expense $ 28,306 $ (4,506 ) $ 52,143 $ 66 $ 76,009 Gain (loss) on equity-method investment activity, net 7,443 69,201 34,058 (110,702 ) - Income before income tax expense $ 35,749 $ 64,695 $ 86,201 $ (110,636 ) $ 76,009 Income tax expense 1,691 — 10,384 — 12,075 Net income $ 34,058 $ 64,695 $ 75,817 $ (110,636 ) $ 63,934 Net loss attributable to redeemable non-controlling interest — — (761 ) — (761 ) Net income attributable to Genpact Limited shareholders $ 34,058 $ 64,695 $ 76,578 $ (110,636 ) $ 64,695 30. Guarantor financial information (continued) Condensed Consolidating Statement of Comprehensive Income (Loss) Three months ended March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non-Guarantor Subsidiaries Eliminations Genpact Limited Shareholders Redeemable Non-controlling interest Net income (loss) $ 23,130 $ 60,841 $ 74,976 $ (98,106 ) $ 60,841 $ — Other comprehensive income: Currency translation adjustments 92 10,491 10,491 (10,583 ) $ 10,491 — Net income (loss) on cash flow hedging derivatives, net of taxes (Note 7) (308 ) 13,156 13,156 (12,848 ) 13,156 — Retirement benefits, net of taxes 12 210 210 (222) 210 — Other comprehensive income (loss) (204 ) 23,857 23,857 (23,653 ) 23,857 — Comprehensive income (loss) $ 22,926 $ 84,698 $ 98,833 $ (121,759 ) $ 84,698 $ — Three months ended March 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non-Guarantor Subsidiaries Eliminations Genpact Limited Shareholders Redeemable Non-controlling interest Net income (loss) $ 34,058 $ 64,695 $ 76,578 $ (110,636 ) $ 64,695 $ (761 ) Other comprehensive income: Currency translation adjustments (6,353 ) (9,335 ) (9,335 ) 15,688 (9,335 ) (424 ) Net income (loss) on cash flow hedging derivatives, net of taxes (Note 7) (15,681 ) (18,932 ) (18,932 ) 34,613 (18,932 ) - Retirement benefits, net of taxes 80 513 513 (593 ) 513 - Other comprehensive income (loss) (21,954 ) (27,754 ) (27,754 ) 49,708 (27,754 ) (424 ) Comprehensive income (loss) $ 12,104 $ 36,941 $ 48,824 $ (60,928 ) $ 36,941 $ (1,185 ) Condensed Consolidating Cash Flow Three months ended March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Operating activities Net cash (used for) provided by operating activities $ (80,873 ) $ (1,480 ) $ (181,745 ) $ 258,682 $ (5,416 ) Investing activities Purchase of property, plant and equipment — — (14,072 ) — (14,072 ) Payment for internally generated intangible assets (including intangibles under development) — — (7,914 ) — (7,914 ) Proceeds from sale of property, plant and equipment — — 1,478 — 1,478 Investment in subsidiaries (6,586 ) (0 ) 6,586 — - Payment for issuance of bonds, intercompany — (103,100 ) — 103,100 - Payment for business acquisitions, net of cash acquired — — (6,305 ) — (6,305 ) Payment for purchase of redeemable non-controlling interest — — - — - Net cash (used for) provided by investing activities $ (6,586 ) $ (103,100 ) (20,227 ) $ 103,100 $ (26,813 ) Financing activities Repayment of capital lease obligations — — (1,780 ) — (1,780 ) Repayment of long-term debt (1,250 ) — (7,250 ) — (8,500 ) Proceeds from short-term borrowings — — 50,000 — 50,000 Repayment of Short-term borrowings — — (25,000 ) — (25,000 ) Proceeds from intercompany loans 96,946 118,100 55,948 (270,994 ) — Repayment of intercompany loans — (2,000 ) (10,312 ) 12,312 — Proceeds from issuance of common shares under stock-based compensation plans — 4,599 — — 4,599 Payment for net settlement of stock-based awards — (652 ) — — (652 ) Payment of earn-out/deferred consideration — — (8,400 ) — (8,400 ) Dividend paid — (16,119 ) — — (16,119 ) Proceeds from issuance of bonds, intercompany — — 103,100 (103,100 ) — Net cash (used for) provided by financing activities $ 95,696 $ 103,928 $ 156,306 $ (361,782 ) $ (5,852 ) Effect of exchange rate changes (602 ) — (4,336 ) — (4,938 ) Net increase (decrease) in cash and cash equivalents 8,237 (652 ) (45,666 ) — (38,081 ) Cash and cash equivalents at the beginning of the period 12,797 2,505 353,094 — 368,396 Cash and cash equivalents at the end of the period $ 20,432 $ 1,853 $ 303,092 $ — $ 325,377 Condensed Consolidating Cash Flow Three months ended March 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Operating activities Net cash (used for) provided by operating activities $ 22,190 $ 9,604 $ (162,655 ) $ 103,540 $ (27,322 ) Investing activities Purchase of property, plant and equipment - - (18,706 ) - (18,706 ) Payment for internally generated intangible assets - - (4,365 ) - (4,365 ) Proceeds from sale of property, plant and equipment - - 144 - 144 Investment in subsidiaries (2,000 ) - 2,066 (66 ) - Payment for purchase of redeemable non-controlling interest - - (4,730 ) - (4,730 ) Net cash (used for) provided by investing activities $ (2,000 ) $ - $ (25,591 ) $ (66 ) $ (27,657 ) Financing activities Repayment of capital lease obligations - - (537 ) - (537 ) Proceeds from long-term debt - - - - - Repayment of long-term debt - - (10,000 ) - (10,000 ) Proceeds from short-term borrowings 130 - 105,000 (130 ) 105,000 Proceeds from intercompany loans - 119,000 344 (119,344 ) - Repayment of intercompany loans (16,000 ) - - 16,000 - Proceeds from issuance of common shares under stock-based compensation plans - 4,202 - - 4,202 Payment for net settlement of stock-based awards - (13,284 ) - - (13,284 ) Payment of earn-out/deferred consideration - - (1,476 ) - (1,476 ) Dividend paid - (14,408 ) - - (14,408 ) Payment for stock purchased and retired - (95,984 ) - - (95,984 ) Payment for expenses related to stock purchase - (60 ) - - (60 ) Net cash (used for) provided by financing activities $ (15,870 ) $ (534 ) $ 93,331 $ (103,474 ) $ (26,547 ) Effect of exchange rate changes (265 ) - 1,549 - 1,284 Net increase (decrease) in cash and cash equivalents 4,320 9,070 (94,916 ) - (81,526 ) Cash and cash equivalents at the beginning of the period 4,507 2,136 497,825 - 504,468 Cash and cash equivalents at the end of the period $ 8,562 $ 11,206 $ 404,458 $ - $ 424,226

Summary of significant accoun_2

Summary of significant accounting policies (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
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, 2018. 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 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 changes to additional paid-in capital. The Company’s share of non-controlling interest in subsidiary earnings is reflected in net loss (income) attributable to redeemable 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, valuations of derivative financial instruments, the measurement of lease liabilities and right-of-use (ROU) assets, measurements of stock-based compensation, assets and obligations related to employee benefits, the nature and timing of the satisfaction of performance obligations, the standalone selling price of performance obligations, variable consideration, other obligations for revenue recognition, income tax uncertainties and other contingencies. 2. Summary of significant accounting policies (Continued) 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 interest in the acquired business, measured at their acquisition date fair values. Contingent consideration is included within the acquisition cost and is recognized at its fair value on the acquisition date. A liability resulting from contingent consideration is remeasured to fair value as of each reporting date until the contingency is resolved. Changes in fair value are recognized in earnings. All assets and liabilities of the acquired businesses, including goodwill, are assigned to reporting units. Acquisition-related costs are expensed as incurred under selling, general and administrative expenses. 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.
Other Intangible Assets	Intangible assets acquired individually or with a group of other assets or in a business combination and developed internally 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 Technology-related intangible assets 2-8 years Other intangible assets 3-5 years 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.
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 11% and 14% of receivables as of December 31, 2018 and March 31, 2019, respectively. GE accounted for 8% and 13%
Accounts receivable	(e) Accounts receivable Accounts receivable are recorded at the invoiced or to be invoiced amount and do not bear interest. Amounts collected on trade accounts receivable are included in net cash provided by operating activities in the consolidated statements of cash flows. The Company maintains an allowance for doubtful accounts for estimated losses inherent in its accounts receivable portfolio. In establishing the required allowance, management considers historical losses adjusted to take into account current market conditions and clients’ financial condition, the amount of receivables in dispute, and the current receivables’ aging and current payment patterns. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance sheet credit exposure related to its clients.
Revenue recognition	(f) Revenue Recognition The Company derives its revenue primarily from business process outsourcing and information technology services, which are provided primarily on a time-and-material, transaction or fixed-price basis. The Company recognizes revenue when the promised services are delivered to customers for an amount that reflects the consideration to which the Company expects to be entitled in exchange for those services. Revenues from services rendered under time-and-material and transaction-based contracts are recognized as the services are provided. The Company’s fixed-price contracts include contracts for application development, maintenance and support services. Revenues from these contracts are recognized ratably over the term of the agreement. The Company accrues for revenue and unbilled receivables for services rendered between the last billing date and the balance sheet date. The Company’s customer contracts sometimes also include incentive payments received for discrete benefits delivered or promised to be delivered to clients or service level agreements that could result in credits or refunds to the client. Revenues relating to such arrangements are accounted for as variable consideration when the amount of revenue to be recognized can be estimated to the extent that it is probable that a significant reversal of any incremental revenue will not occur. 2. Summary of significant accounting policies (Continued) The Company records deferred revenue attributable to certain process transition activities where such activities do not represent separate performance obligations. Revenues relating to such transition activities are classified under contract liabilities and subsequently recognized ratably over the period in which the related services are performed. Costs relating to such transition activities are fulfillment costs which are directly related to the contract and result in the generation or enhancement of resources. Such costs are expected to be recoverable under the contract and are therefore classified as contract cost assets and recognized ratably over the estimated expected period of benefit under cost of revenue. Revenues are reported net of value-added tax, business tax and applicable discounts and allowances. Reimbursements of out-of-pocket expenses received from clients have been included as part of revenues. Revenue for performance obligations that are satisfied over time is recognized in accordance with the methods prescribed for measuring progress. The input (effort or cost expended) method has been used to measure progress towards completion as there is a direct relationship between input and productivity. Provisions for estimated losses, if any, on uncompleted contracts are recorded in the period in which such losses become probable based on the current contract estimates. The Company enters into multiple-element revenue arrangements in which a client may purchase a combination of products or services. Revenue from multiple-element arrangements is recognized, for each element, based on an allocation of the transaction price to each performance obligation on a relative standalone basis. Certain contracts may include offerings such as sale of licenses, which may be perpetual or subscription-based. Revenue from distinct perpetual licenses is recognized upfront at the point in time when the software is made available to the client. Revenue from distinct subscription based licenses is recognized at the point in time it is transferred to the client. Revenue from any associated maintenance or ongoing support services is recognized ratably over the term of the contract. For a combined software license/services performance obligation, revenue is recognized over the period that the services are performed. All incremental and direct costs incurred for acquiring contracts, such as certain sales commissions, are classified as contract cost assets. Such costs are amortized over the expected period of benefit and recorded under selling, general and administrative expenses. Other upfront fees paid to clients are classified as contract assets. Such costs are amortized over the expected period of benefit and recorded as an adjustment to the transaction price and subtracted from revenue. Timing of revenue recognition may differ from the timing of invoicing. If a payment is received in respect of services prior to the delivery of services, the payment is recognized as an advance from a client and classified as a contract liability. Contract assets and contract liabilities relating to the same client contract are offset against each other and presented on a net basis in the consolidated financial statements. Significant judgements The Company often enters into contracts with clients that include promises to transfer multiple products and services to the client. Determining whether products and services are considered distinct performance obligations that should be accounted for separately rather than together may require significant judgment. Judgment is also required to determine the standalone selling price for each distinct performance obligation. In instances where the standalone selling price is not directly observable, it is determined using information that may include market conditions and other observable inputs. 2. Summary of significant accounting policies (Continued) Client contracts sometimes include incentive payments received for discrete benefits delivered to clients or service level agreements that could result in credits or refunds to the client. Such amounts are estimated at contract inception and are adjusted at the end of each reporting period as additional information becomes available only to the extent that it is probable that a significant reversal of any incremental revenue will not occur.
Changes in Accounting Policies	(g) Changes in accounting policies Except as described below, the Company has applied accounting policies consistently to all periods presented in these consolidated financial statements. The Company adopted Accounting Standards Codification Topic 842, Leases (“Topic 842”), effective January 1, 2019. The Company applied Topic 842 using the modified retrospective adoption approach, which involves recognizing new right-of-use (“ROU”) assets and lease liabilities in its statement of financial position for various operating leases. Therefore, comparative information has not been adjusted and continues to be reported under ASC Topic 840. As a result of the Company’s adoption of this new standard, all leases are classified as either operating leases or finance leases and are recorded on the balance sheet. The accounting for finance leases (capital leases under ASC 840) is substantially unchanged. The Company has elected the “package of practical expedients,” which allows the Company not to reassess, under the new standard, its prior conclusions about lease identification, lease classification and initial direct costs. The Company has also elected the practical expedients to not separate lease and non-lease components for all of its leases and to use the recognition exemptions for lease contracts that, at the commencement date, have a lease term of 12 months or less and do not contain a purchase option (“short-term leases”). As of January 1, 2019, the date of the Company’s initial application of ASC 842, the Company recognized its lease liabilities measured as the present value of lease payments not yet paid, discounted using the discount rate for the lease as of the date of initial application. The right-of-use asset for each existing lease as of the date of initial application includes an initial measurement of the lease liability adjusted for any lease payments made to the lessor at or before the date of initial application, accrued lease payments and any lease incentives received or any initial direct costs incurred by the Company as of the date of initial application. As a result of adoption of the ASC 842, the Company recognized additional lease liabilities of $328,978, and ROU assets of $309,687.
Leases	Leases (effective January 1, 2019) At the inception of a contract, the Company assesses whether the contract is, or contains, a lease. The Company’s assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the term of the contract, and (3) whether the Company has the right to direct the use of the asset. At the inception of a lease, the consideration in the contract is allocated to each lease component based on its relative standalone price to determine the lease payments. Leases entered into prior to January 1, 2019 have been accounted for under ASC 840 and were not reassessed. Leases are classified as either finance leases or operating leases. A lease is classified as a finance lease if any one of the following criteria are met: (1) the lease transfers ownership of the asset by the end of the lease term, (2) the lease contains an option to purchase the asset that is reasonably certain to be exercised, (3) the lease term is for a major part of the remaining useful life of the asset or (4) the present value of the lease payments equals or exceeds substantially all of the fair value of the asset. A lease is classified as an operating lease if it does not meet any one of the above criteria. For all leases at the lease commencement date, a right-of-use asset and a lease liability are recognized. The lease liability represents the present value of the lease payments under the lease. Lease liabilities are initially measured at the present value of the lease payments not yet paid, discounted using the discount rate for the lease at lease commencement. The lease liabilities are subsequently measured on an amortized cost basis. The lease liability is adjusted to reflect interest on the liability and the lease payments made during the period. Interest on the lease liability is determined as the amount that results in a constant periodic discount rate on the remaining balance of the liability. 2. Summary of significant accounting policies (Continued) The ROU asset represents the right to use the leased asset for the lease term. The ROU asset for each lease initially includes the amount of the initial measurement of the lease liability adjusted for any lease payments made to the lessor at or before the commencement date, accrued lease liabilities and any lease incentives received or any initial direct costs incurred by the Company. The ROU asset of finance leases is subsequently measured at cost, less accumulated amortization and any accumulated impairment losses. The ROU asset of operating leases is subsequently measured from the carrying amount of the lease liability at the end of each reporting period, and is therefore equal to the carrying amount of lease liabilities adjusted for (1) unamortized initial direct costs, (2) prepaid/(accrued) lease payments and (3) the unamortized balance of lease incentives received. Leases with a lease term of 12 months or less from the commencement date that do not contain a purchase option are recognized as an expense on a straight-line basis over the lease term. Significant judgements The Company determines the lease term as the non-cancellable term of the lease, together with any periods covered by an option to extend the lease if it is reasonably certain to be exercised, or any periods covered by an option to terminate the lease, if it is reasonably certain not to be exercised. Under certain of its leases, the Company has a renewal and termination option to lease assets for additional terms between one and five years. The Company applies judgement in evaluating whether it is reasonably certain to exercise the option to renew or terminate the lease. The Company considers all relevant factors that create an economic incentive for it to exercise the renewal or termination option. After the commencement date, the Company reassesses the lease term if there is a significant event or change in circumstances that is within the Company’s control and affects its ability to exercise (or not to exercise) the option to renew or terminate. The company has applied an incremental borrowing rate for the purpose of computing lease liabilities based on the rate prevailing in different geographies. Upon the Company’s adoption of ASC 842, the Company applied an incremental borrowing rate to leases existing as of January 1, 2019, the date of initial application. Impact on consolidated financial statements 2. Summary of significant accounting policies (Continued) The following tables summarize the impact of the Company’s adoption of Topic 842 on its consolidated financial statements as of January 1, 2019. As reported December 31, 2018 Adoption of ASC 842 Increase (Decrease) Balance as of January 1, 2019 Prepaid expenses and other current assets 212,477 (3,529) 1 208,948 Operating lease right-of-use assets - 273,732 273,732 Other assets: finance lease right-of-use assets - 35,955 6 35,955 Other assets 155,159 (5,126) 3 150,033 Property, plant and equipment, net 212,715 (2,343) 2 210,372 Accrued expenses and other current liabilities 571,350 (1,123) 4 570,227 Operating leases liability (current) - 42,200 42,200 Operating leases liability (non-current) - 258,378 258,378 Other liabilities 165,226 (767) 5 164,459 1. Includes prepaid rent amounting to $3,160 and leasehold land amounting to $369, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively. 2. Represents vehicles recognized as capital leases under ASC 840 and reclassified as a finance lease right-of-use asset. 3. Includes prepaid rent amounting to $284 and leasehold land amounting to $4,842, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively. 4. Includes accrued lease liabilities of $4,562 adjusted with operating lease right-of-use assets offset by additional current portion of finance lease liabilities of $3,439 recognized upon the adoption of ASC 842. 5. Includes accrued lease liabilities of $25,728 adjusted with operating lease right-of-use assets offset by additional finance lease liabilities of $24,961 recognized upon the adoption of ASC 842. 6. The balance is included in “other assets” in the consolidated balance sheet.
Recently issued accounting pronouncements	(h) Recently issued accounting pronouncements The authoritative bodies release standards and guidance which are assessed by management for their impact on the Company’s consolidated financial statements. The Company has adopted the following recently released accounting standards: The Company adopted ASC Topic 606, Revenue from Contracts with Customers The Company adopted ASC Topic 842, Leases, . In March 2019, the FASB issued ASU 2019-01, Leases (Topic 842): Codification Improvement. The new standard contains several amendments to clarify the codification more generally and/or to correct unintended application of guidance. The changes in the new standard eliminate the requirement for transition disclosures related to Topic 250-10-50-3. The guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within those years. Early application is permitted. In the quarter ended March 31, 2019, the Company adopted ASU 2019-01 effective January 1, 2019 and no prior periods have been adjusted. In August 2017, the FASB issued ASU 2017-12, “Derivatives and Hedging.” The amendment expands an entity’s ability to hedge accounting to non-financial and financial risk components and requires changes in the fair value of hedging instruments to be presented in the same income statement line as a hedged item. The ASU also amends the presentation and disclosure requirements for the effect of hedge accounting. The ASU must be adopted using a modified retrospective approach with a cumulative effect adjustment recorded to the opening balance of retained earnings as of the initial application date. The ASU is effective for the Company beginning January 1, 2019, including interim periods in the fiscal year 2019. On January 1, 2019, the Company assessed the impact of this ASU and concluded that it does not have any impact on its consolidated results of operations, cash flows, financial position and disclosures. In addition, the following recently released accounting standards have not yet been adopted by the Company. In June 2016, the FASB issued ASU No. 2016-13, “Measurement of credit losses on financial instruments.” The ASU requires measurement and recognition of expected credit losses for financial assets held by the Company. The ASU is effective for the Company beginning January 1, 2020, including interim periods in fiscal year 2020. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. In August 2018, the FASB issued ASU No. 2018-13, “Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement.” The ASU modifies the disclosure requirements with respect to fair value measurements. The ASU is effective for the Company beginning January 1, 2020, including interim periods in fiscal year 2020. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. In August 2018, the FASB issued ASU No. 2018-14, “Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans.” The ASU modifies the disclosure requirements with respect to defined benefit pension plans. The ASU is effective for the Company beginning January 1, 2021. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures. 2. Summary of significant accounting policies (Continued) In August 2018, the FASB issued ASU No. 2018-15, “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract.” The ASU modifies the capitalization requirements with respect to implementation costs incurred by the customer in a hosting arrangement that is a service contract. The ASU is effective for the Company beginning January 1, 2020. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated results of operations, cash flows, financial position and disclosures.
Reclassification	(i) Reclassification Certain reclassifications have been made in the consolidated financial statements of prior periods to conform to the classification used in the current period. The impact of such reclassifications on the consolidated financial statements is not material.

Summary of significant accoun_3

Summary of significant accounting policies (Tables)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Estimated Useful Lives of Intangible Assets Acquired	Customer-related intangible assets 1-14 years Marketing-related intangible assets 1-10 years Technology-related intangible assets 2-8 years Other intangible assets 3-5 years
Summary of Impact of Adoption of Topic 842 on consolidated financial statements	The following tables summarize the impact of the Company’s adoption of Topic 842 on its consolidated financial statements as of January 1, 2019 As reported December 31, 2018 Adoption of ASC 842 Increase (Decrease) Balance as of January 1, 2019 Prepaid expenses and other current assets 212,477 (3,529) 1 208,948 Operating lease right-of-use assets - 273,732 273,732 Other assets: finance lease right-of-use assets - 35,955 6 35,955 Other assets 155,159 (5,126) 3 150,033 Property, plant and equipment, net 212,715 (2,343) 2 210,372 Accrued expenses and other current liabilities 571,350 (1,123) 4 570,227 Operating leases liability (current) - 42,200 42,200 Operating leases liability (non-current) - 258,378 258,378 Other liabilities 165,226 (767) 5 164,459 1. Includes prepaid rent amounting to $3,160 and leasehold land amounting to $369, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively. 2. Represents vehicles recognized as capital leases under ASC 840 and reclassified as a finance lease right-of-use asset. 3. Includes prepaid rent amounting to $284 and leasehold land amounting to $4,842, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively. 4. Includes accrued lease liabilities of $4,562 adjusted with operating lease right-of-use assets offset by additional current portion of finance lease liabilities of $3,439 recognized upon the adoption of ASC 842. 5. Includes accrued lease liabilities of $25,728 adjusted with operating lease right-of-use assets offset by additional finance lease liabilities of $24,961 recognized upon the adoption of ASC 842. 6. The balance is included in “other assets” in the consolidated balance sheet.

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	3 Months Ended
	Mar. 31, 2019
Cash And Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	As of December 31, As of March 31, 2018 2019 Cash and other bank balances 368,396 325,377 Total $ 368,396 $ 325,377

Accounts receivable, net of r_2

Accounts receivable, net of reserve for doubtful receivables (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Reserve for Doubtful Receivables	The following table provides details of the Company’s reserve for doubtful receivables: Year ended December 31, 2018 Three months ended March 31, 2019 Opening balance as of January 1 $ 23,660 $ 23,960 Additions charged/reversal released to cost and expense 1,857 2,026 Deductions/effect of exchange rate fluctuations (1,557 ) (85 ) Closing balance $ 23,960 $ 25,901

Fair value measurements (Tables

Fair value measurements (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value of Assets and Liabilities Measured on Recurring Basis, Including Derivative Instruments	The Company measures certain financial assets and liabilities, including derivative instruments, at fair value on a recurring basis. The fair value measurements of these financial assets and liabilities were determined using the following inputs as of December 31, 2018 and March 31, 2019: As of December 31, 2018 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Other Unobservable Inputs Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 44,099 $ — $ 44,099 $ — Deferred compensation plan assets (a, e) $ 1,613 $ — $ — $ 1,613 Total $ 45,712 $ — $ 44,099 $ 1,613 Liabilities Earn-out consideration (Note b, d) $ 17,073 $ — $ — $ 17,073 Derivative instruments (Note b, c) $ 35,245 $ — $ 35,245 $ — Deferred compensation plan liability (b, f) $ 1,582 $ — $ — $ 1,582 Total $ 53,900 $ — $ 35,245 $ 18,655 6. Fair value measurements (Continued) As of March 31, 2019 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Other Unobservable Inputs Total (Level 1) (Level 2) (Level 3) Assets Derivative instruments (Note a, c) $ 43,863 $ — $ 43,863 $ — Deferred compensation plan assets (a, e) 8,066 — — 8,066 Total $ 51,929 $ — $ 43,863 $ 8,066 Liabilities Earn-out consideration (Note b, d) $ 7,476 $ — $ — $ 7,476 Derivative instruments (Note b, c) 23,631 — 23,631 — Deferred compensation plan liability (b, f) 7,935 — — 7,935 Total $ 39,042 $ — $ 23,631 $ 15,411 (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 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) Deferred compensation plan assets consist of life insurance policies held under a Rabbi Trust. Assets held in the Rabbi Trust are valued based on the cash surrender value of the insurance contract, which is determined based on the fair value of the underlying assets included in the insurance portfolio and are therefore classified within level 3 of the fair value hierarchy. (f) The fair value of the deferred compensation plan liability is derived based on the fair value of the underlying assets in the insurance policies and is therefore classified within level 3 of the fair value hierarchy.
Deferred Compensation Plan Assets
Roll-Forward of Fair Value of Deferred Compensation Plan Assets Categorized as Level 3 in Fair Value Hierarchy	The following table provides a roll-forward of the fair value of deferred compensation plan assets categorized as level 3 in the fair value hierarchy for three months ended March 31, 2018 and 2019: Three months ended March 31, 2018 2019 Opening balance $ — $ 1,613 Redemptions — — Additions — 6,165 Change in fair value of deferred compensation plan assets (note a) — 288 Closing balance $ — $ 8,066 (a) Changes in the fair value of plan assets are reported in “other income (expense), net” in the consolidated statements of income.
Business Acquisition Contingent Consideration
Roll-Forward of Fair Value of Earn-out Consideration and Deferred Compensation Liabilities Categorized as Level 3 in Fair Value Hierarchy	The following table provides a roll-forward of the fair value of earn-out consideration categorized as level 3 in the fair value hierarchy for the three months ended March 31, 2018 and 2019: Three months ended March 31, 2018 2019 Opening balance $ 24,732 $ 17,073 Earn-out consideration payable in connection with acquisitions — — Payments made on earn-out consideration (1,476 ) (10,000 ) Change in fair value of earn-out consideration (Note a) 17 - Others (Note b) 627 403 Ending balance $ 23,900 $ 7,476 (a) Changes in the fair value of earn-out consideration are reported in “other operating (income) expense, net” in the consolidated statements of income. (b) “Others” is comprised of interest expense included in “interest income (expense), net” and the impact of changes in foreign exchange reported in “foreign exchange gains (losses), net” in the consolidated statements of income. This also includes a cumulative translation adjustment reported as a component of “other comprehensive income (loss).”
Deferred Compensation Liabilities
Roll-Forward of Fair Value of Earn-out Consideration and Deferred Compensation Liabilities Categorized as Level 3 in Fair Value Hierarchy	The following table provides a roll-forward of the fair value of deferred compensation liabilities categorized as level 3 in the fair value hierarchy for the three months ended March 31, 2018 and 2019: Three months ended March 31, 2018 2019 Opening balance $ — $ 1,582 Redemptions — — Additions — 6,165 Change in fair value of deferred compensation plan liabilities (note a) — 188 Closing balance $ — $ 7,935 (a) Changes in the fair value of deferred compensation liabilities are reported in “selling, general and administrative expenses” in the consolidated statements of income.

Derivative financial instrume_2

Derivative financial instruments (Tables)	3 Months Ended
	Mar. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
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 (note a) Balance sheet exposure asset (liability) (note b) As of December 31, 2018 As of March 31, 2019 As of December 31, 2018 As of March 31, 2019 Foreign exchange forward contracts denominated in: United States Dollars (sell) Indian Rupees (buy) $ 1,439,000 $ 1,271,000 $ (3,643 ) $ 8,697 United States Dollars (sell) Mexican Peso (buy) - 9,000 - 213 United States Dollars (sell) Philippines Peso (buy) 55,800 42,750 (1,510 ) (1,028 ) Euro (sell) United States Dollars (buy) 136,412 127,477 4,804 6,961 Pound Sterling (buy) United States Dollars (sell) 128 - (128 ) - Euro (sell) Romanian Leu (buy) 41,198 30,316 (299 ) (665 ) Japanese Yen (sell) Chinese Renminbi (buy) 40,568 34,469 (2,195 ) (782 ) Pound Sterling (sell) United States Dollars (buy) 27,517 22,919 495 (79 ) Australian Dollars (sell) United States Dollars (buy) 89,780 83,317 3,548 2,731 Interest rate swaps (floating to fixed) 507,425 499,969 7,782 4,184 8,854 20,232 (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, foreign exchange, interest rate 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, 2018 As of March 31, 2019 As of December 31, 2018 As of March 31, 2019 Assets Prepaid expenses and other current assets $ 23,038 $ 25,136 $ 11,490 $ 7,469 Other assets $ 9,571 $ 11,258 $ — $ — Liabilities Accrued expenses and other current liabilities $ 15,148 $ 9,444 $ 225 $ 35 Other liabilities $ 19,872 $ 14,152 $ — $ —
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, 2018 2019 Before-Tax amount Tax (Expense) or Benefit Net of tax Amount Before-Tax amount Tax (Expense) or Benefit Net of tax Amount Opening balance $ 50,529 $ (14,436 ) $ 36,093 $ (2,411 ) $ (5,524 ) $ (7,935 ) Adoption of ASU 2018-02 — 2,265 2,265 — — — Adjusted opening balance $ 50,529 $ (12,171 ) $ 38,358 $ (2,411 ) $ (5,524 ) $ (7,935 ) Net gains (losses) reclassified into statement of income on completion of hedged transactions 8,279 (1,616 ) 6,663 3,193 (1,571 ) 1,622 Changes in fair value of effective portion of outstanding derivatives, net (15,893 ) 3,625 (12,269 ) 18,402 (3,624 ) 14,778 Gain (loss) on cash flow hedging derivatives, net (24,172 ) 5,240 (18,932 ) 15,209 (2,053 ) 13,156 Closing balance $ 26,357 $ (6,931 ) $ 19,426 $ 12,798 $ (7,577 ) $ 5,221
Gains (Losses) Recorded as Component of Other Comprehensive Income (Loss) or Other Comprehensive Income	The Company’s gains or losses recognized in other comprehensive income (loss) and their effects on financial performance are summarized below: Amount of Gain (Loss) Amount of Gain (Loss) reclassified recognized in OCI on Location of Gain (Loss) from OCI into Statement of Income Derivatives in Derivatives (Effective Portion) reclassified (Effective Portion) Cash Flow Three months ended from OCI into Three months ended Hedging March 31, Statement of Income March 31, Relationships 2018 2019 (Effective Portion) 2018 2019 Forward foreign exchange contracts $ (18,679 ) $ 20,583 Revenue $ (1,474 ) $ 973 Interest rate swaps 2,786 (2,181 ) Cost of revenue 7,270 644 Selling, general and administrative expenses 1,934 160 Interest expense 549 1,416 $ (15,893 ) $ 18,402 $ 8,279 $ 3,193 7. Derivative financial instruments (Continued) There were no gains (losses) recognized in income on the ineffective portion of derivatives and excluded from effectiveness testing Non-designated Hedges Amount of Gain (Loss) recognized in Statement of Income on Derivatives Three months ended March 31, Derivatives not designated as hedging instruments Location of Gain (Loss) recognized in Statement of Income on Derivatives 2018 2019 Forward foreign exchange contracts (Note a) Foreign exchange gains (losses), net $ (4,288 ) $ 3,660 $ (4,288 ) $ 3,660 (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 cu_2

Prepaid expenses and other current assets (Tables)	3 Months Ended
	Mar. 31, 2019
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Schedule of Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consist of the following: As of December 31, As of March 31, 2018 2019 Advance income and non-income taxes $ 58,701 $ 69,230 Contract asset (Note 19) 22,472 25,618 Prepaid expenses 25,996 27,452 Derivative instruments 34,528 32,605 Employee advances 3,772 3,499 Deposits 2,758 3,275 Advances to suppliers 1,998 2,409 Others 62,252 66,087 $ 212,477 $ 230,175

Property, plant and equipment_2

Property, plant and equipment, net (Tables)	3 Months Ended
	Mar. 31, 2019
Property Plant And Equipment [Abstract]
Property, plant and equipment, net	The following table provides the gross and net amount of property, plant and equipment: As of December 31, As of March 31, 2018 2019 Property, plant and equipment, gross $ 660,754 $ 657,935 Less: Accumulated depreciation and amortization (448,039 ) (451,115 ) Property, plant and equipment, net $ 212,715 $ 206,820

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	3 Months Ended
	Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Changes in Goodwill	The following table presents the changes in goodwill for the year ended December 31, 2018 and three months ended March 31, 2019: As of December 31, As of March 31, 2018 2019 Opening balance $ 1,337,122 $ 1,393,832 Goodwill relating to acquisitions consummated during the period 91,936 2,547 Impact of measurement period adjustments 816 334 Effect of exchange rate fluctuations (36,042 ) 3,499 Closing balance $ 1,393,832 $ 1,400,212
Summary of Intangible Assets	The Company’s intangible assets are as follows: As of December 31, 2018 As of March 31,2019 Gross carrying amount Accumulated amortization & Impairment Net Gross carrying amount Accumulated amortization & Impairment Net Customer-related intangible assets $ 368,558 $ 306,582 $ 61,976 $ 371,173 $ 313,520 $ 57,653 Marketing-related intangible assets 54,714 46,591 8,123 54,965 47,788 7,177 Technology-related intangible assets 76,790 33,976 42,814 127,650 37,263 90,387 Other intangible assets 1,204 1,077 127 1,212 1,085 127 Intangible assets under development 64,047 - 64,047 18,128 - 18,128 565,313 388,226 $ 177,087 $ 573,128 $ 399,656 $ 173,472

Long-term debt (Tables)

Long-term debt (Tables)	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Maturity Profile of Term Loan Outstanding Net of Debt Amortization Expense	The maturity profile of the term loan outstanding as of March 31, 2019, net of debt amortization expense, is as follows: Year ended Amount 2019 25,114 2020 33,509 2021 33,537 2022 33,564 2023 526,748 Total $ 652,472

Accrued expenses and other cu_2

Accrued expenses and other current liabilities (Tables)	3 Months Ended
	Mar. 31, 2019
Payables And Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consist of the following: As of December 31, As of March 31, 2018 2019 Accrued expenses $ 179,843 $ 186,599 Accrued employee cost 210,251 151,101 Earn-out consideration 16,875 7,272 Statutory liabilities 42,728 61,839 Retirement benefits 22,921 25,122 Derivative instruments 15,373 9,479 Contract liabilities (Note 19) 64,744 65,619 Other liabilities 16,807 22,276 Capital lease obligations 1,808 - Finance lease liability - 6,741 $ 571,350 $ 536,048

Other liabilities (Tables)

Other liabilities (Tables)	3 Months Ended
	Mar. 31, 2019
Other Liabilities Disclosure [Abstract]
Schedule of Other liabilities	Other liabilities consist of the following: As of December 31, As of March 31, 2018 2019 Accrued employee cost $ 6,341 $ 7,186 Earn-out consideration 198 204 Retirement benefits 50,370 51,968 Derivative instruments 19,872 14,152 Contract liabilities (Note 19) 53,796 57,566 Others 32,935 14,837 Capital lease obligations 1,714 - Finance lease liability - 24,957 $ 165,226 $ 170,870

Employee benefit plans (Tables)

Employee benefit plans (Tables)	3 Months Ended
	Mar. 31, 2019
Compensation And Retirement Disclosure [Abstract]
Net Defined Benefit Plan Costs	Net defined benefit plan costs for the three months ended March 31, 2018 and 2019 include the following components: Three months ended March 31, 2018 2019 Service costs $ 1,995 $ 1,973 Interest costs 995 1,072 Amortization of actuarial loss 320 317 Expected return on plan assets (736 ) (633 ) Net defined benefit plan costs $ 2,574 $ 2,729
Amount Contributed to Defined Contribution Plans in Various Jurisdictions	During the three months ended March 31, 2018 and 2019, the Company contributed the following amounts to defined contribution plans in various jurisdictions: Three months ended March 31, 2018 2019 India $ 5,944 $ 6,565 U.S. 4,599 5,207 U.K. 2,137 2,423 China 4,394 4,773 Other regions 1,160 1,069 Total $ 18,234 $ 20,037

Stock-based compensation (Table

Stock-based compensation (Tables)	3 Months Ended
	Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Significant Assumptions used in Determining Fair Value of Options Granted	The following table shows the significant assumptions used in determining the fair value of options granted in the three months ended March 31, 2019. No options were granted in the three months ended March 31, 2018. Three months ended March 31, 2019 Dividend yield 1.08% Expected life (in months) 84 Risk-free rate of interest 2.63% Volatility 21.38%
Summary of Stock Option Activity	A summary of stock option activity during the three months ended March 31, 2019 is set out below: Three months ended March 31, 2019 Shares arising out of options Weighted average exercise price Weighted average remaining contractual life (years) Aggregate intrinsic value Outstanding as of January 1, 2019 7,261,675 $ 23.61 6.4 $ — Granted 1,771,068 27.70 — — Forfeited (85,000) 29.91 — — Expired — — — — Exercised (Note a) (145,535 ) 19.60 — 2,267 Outstanding as of March 31, 2019 8,802,208 $ 24.44 6.9 $ 94,577 Vested as of March 31, 2019 and expected to vest thereafter (Note b) 8,461,634 $ 24.30 6.9 $ 92,104 Vested and exercisable as of March 31, 2019 3,538,035 $ 18.43 3.8 $ 59,278 Weighted average grant date fair value of grants during the period $ 6.83 (a) Of this amount, 10,000 options were issued in April 2019. (b) Options expected to vest reflect an estimated forfeiture rate.
Summary of Restricted Share Units Activity	A summary of RSU activity during the three months ended March 31, 2019 is set out below: Three months ended March 31, 2019 Number of Restricted Share Units Weighted Average Grant Date Fair Value Outstanding as of January 1, 2019 1,528,999 $ 27.45 Granted 221,328 33.64 Vested (Note a) (82,294 ) 26.88 Forfeited (27,393) 30.14 Outstanding as of March 31, 2019 1,640,640 $ 28.27 Expected to vest (Note b) 1,469,062 (a) 82,294 RSUs that vested during the period were net settled upon vesting by issuing 60,799 shares (net of minimum statutory tax withholding). (b) The number of RSUs expected to vest reflects the application of an estimated forfeiture rate.
Summary of Performance Units Activity	A summary of PU activity during the three months ended March 31, 2019 is set out below: Three months ended March 31, 2019 Number of Performance Units Weighted Average Grant Date Fair Value Maximum Shares Eligible to Receive Outstanding as of January 1, 2019 3,712,402 $ 28.40 3,712,402 Granted 530,026 32.44 1,060,052 Vested - - - Forfeited (36,690 ) 27.76 (36,690 ) Adjustment upon final determination of level of performance goal achievement (Note a) (13,996) 30.68 Adjustment upon final determination of level of performance goal achievement (Note a) (13,996 ) Outstanding as of March 31, 2019 4,191,742 $ 28.91 4,721,768 Expected to vest (Note b) 3,965,713 (a) Represents an adjustment made in March 2019 to the number of shares subject to the PUs granted in 2018 upon certification of the level of achievement of the performance targets underlying such awards. (b) The number of PUs expected to vest reflects the application of an estimated forfeiture rate.

Earnings per share (Tables)

Earnings per share (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three months ended March 31, 2018 2019 Net income available to Genpact Limited common shareholders $ 64,695 $ 60,841 Weighted average number of common shares used in computing basic earnings per common share 192,816,626 189,451,845 Dilutive effect of stock-based awards 3,471,943 3,942,363 Weighted average number of common shares used in computing dilutive earnings per common share 196,288,569 193,394,208 Earnings per common share attributable to Genpact Limited common shareholders Basic $ 0.34 $ 0.32 Diluted $ 0.33 $ 0.31

Net revenues (Tables)

Net revenues (Tables)	3 Months Ended
	Mar. 31, 2019
Revenues [Abstract]
Net Revenues Disaggregated by Customer	In the following tables, the Company’s revenue is disaggregated by customer classification, service type, major industrial vertical and location of service delivery center. Three months ended March 31, 2018 2019 GE $ 58,049 $ 109,042 Global Clients 630,863 700,164 Total net revenues $ 688,912 $ 809,206
Net Revenues for Service Type	Three months ended March 31, 2018 2019 Business process outsourcing $ 574,061 $ 681,263 Information technology services 114,851 127,943 Total net revenues $ 688,912 $ 809,206
Revenues from Clients Based on Industry Serviced	Three months ended March 31, 2018 2019 Banking, financial services and insurance $ 269,491 $ 238,152 Consumer goods, retail, life sciences and healthcare 204,727 256,614 High tech, manufacturing and services 214,694 314,440 Total net revenues $ 688,912 $ 809,206
Net Revenues from Geographic Areas Based on Location of Service Delivery Centers	Three months ended March 31, 2018 2019 India $ 389,134 $ 436,743 Asia, other than India 79,461 93,661 North and Latin America 152,280 181,763 Europe 68,037 97,039 Total net revenues $ 688,912 $ 809,206
Details of Company's Contract Liabilities	The following table provides details of the Company’s contract liabilities: Three months ended March 31, 2018 Three months ended March 31, 2019 Particulars Advance from customers Deferred transition revenue Advance from customers Deferred transition revenue Opening balance $ 26,266 $ 101,785 $ 22,892 $ 95,648 Impact of opening balance offset with contract liability — $ 21,348 3,821 $ 25,604 Gross opening balance $ 26,266 $ 123,133 $ 26,713 $ 121,252 Additions 11,248 14,162 14,147 24,217 Effect of business combinations - - 444 - Revenue recognized (2,944 ) (10,430 ) (10,912 ) (11,728 ) Currency translation adjustments - (10 ) (16 ) 128 Gross closing balance $ 34,570 $ 126,855 $ 30,376 $ 133,869 Impact of closing balance offset with contract asset — (24,427 ) (4,328 ) (36,732 ) Closing balance (Note a) $ 34,570 $ 102,428 $ 26,048 $ 97,137 (a) Included in “accrued expenses and other current liabilities” and “other liabilities” in the consolidated balance sheet.
Estimated Revenue Expected to Recognized in Future Related to Remaining Performance Obligation	The following table includes estimated revenue expected to be recognized in the future related to remaining performance obligations as of March 31, 2019: Particulars Total Less than 1 year 1-3 years 3-5 years After 5 years Transaction price allocated to remaining performance obligations $ 97,158 39,592 42,471 12,561 2,534
Details of Company's Contract Assets	19. The following table provides details of the Company’s contract assets: Particulars Three months ended March 31, 2018 Three months ended March 31, 2019 Opening balance $ 43,366 $ 45,035 Impact of opening balance offset 21,348 29,425 Gross opening balance $ 64,714 $ 74,460 Additions 13,918 27,113 Reduction in revenue recognized (5,902 ) (13,560 ) Gross closing balance $ 72,730 $ 88,013 Impact of closing balance offset with contract liability (24,427 ) (41,062 ) Closing balance (Note b) $ 48,303 $ 46,951 (b) Included in "prepaid expenses and other current assets" and "other assets" in the consolidated balance sheet.
Summary of Contract Cost Assets	The following table provides details of the Company’s contract cost assets: Three months ended March 31, 2018 Three months ended March 31, 2019 Particulars Sales incentive programs Transition activities Sales incentive programs Transition activities Opening balance $ 23,227 $ 139,284 $ 25,891 $ 134,302 Closing balance 23,271 139,164 36,380 144,423 Amortization 3,239 11,579 4,107 11,510

Cost of revenue (Tables)

Cost of revenue (Tables)	3 Months Ended
	Mar. 31, 2019
Other Income And Expenses [Abstract]
Schedule of Cost of Revenue	Cost of revenue consists of the following: Three months ended March 31, 2018 2019 Personnel expenses $ 310,132 $ 380,178 Operational expenses 121,357 119,792 Depreciation and amortization 12,835 19,167 $ 444,324 $ 519,137

Selling, general and administ_2

Selling, general and administrative expenses (Tables)	3 Months Ended
	Mar. 31, 2019
Selling General And Administrative Expenses [Abstract]
Schedule of Selling, General and Administrative Expenses	Selling, general and administrative expenses consist of the following: Three months ended March 31, 2018 2019 Personnel expenses $ 128,068 $ 142,480 Operational expenses 40,389 46,210 Depreciation and amortization 2,652 2,712 $ 171,109 $ 191,402

Other operating (income) expe_2

Other operating (income) expense, net (Tables)	3 Months Ended
	Mar. 31, 2019
Other Income And Expenses [Abstract]
Schedule of Other Operating (Income) Expense, Net	Three months ended March 31, 2018 2019 Other operating (income) expense $ (235 ) $ 86 Change in fair value of earn-out consideration and deferred consideration (relating to business acquisitions) 17 $ - Other operating (income) expense, net $ (218 ) $ 86

Interest income (expense), net

Interest income (expense), net (Tables)	3 Months Ended
	Mar. 31, 2019
Banking And Thrift Interest [Abstract]
Schedule of Interest Income (Expense), Net	Three months ended March 31, 2018 2019 Interest income $ 3,370 $ 1,764 Interest expense (11,470 ) (12,887 ) Interest income (expense), net $ (8,100 ) $ (11,123 )

Income taxes (Tables)

Income taxes (Tables)	3 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
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, 2019 to March 31, 2019: 2019 Opening balance at January 1 $ 26,722 Decrease related to prior year tax positions (5 ) Decrease related to prior year tax position due to lapse of applicable statute of limitation (27 ) Effect of exchange rate changes 150 Closing balance at March 31 $ 26,840

Other Income (expense), net (Ta

Other Income (expense), net (Tables)	3 Months Ended
	Mar. 31, 2019
Other Nonoperating Income Expense [Abstract]
Schedule of Other Income (Expense), Net	Three months ended March 31, 2018 2019 Government incentives $ 15,500 $ 3,976 Other income/(expense) 50 (173 ) Other income (expense), net $ 15,550 $ 3,803

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Components of Lease Cost of Operating and Finance Leases	The components of lease cost for operating and finance leases for the three months ended March 31, 2019 are summarized below: Finance lease cost Amortization of right-of-use assets (Note a) 1,850 Interest on lease liabilities (Note b) 663 Operating lease cost (Note c) 14,109 Short-term lease cost (Note c) 84 Variable lease cost (Note c) 2,884 Total lease cost 19,590 a) Included in “depreciation and amortization” in the consolidated statements of income. b) Included in “interest income (expense), net” in the consolidated statements of income. c) Included in “cost of revenue” and “selling, general and administrative expenses” in the consolidated statements of income. ROU assets relating to finance leases of $35,544 as of March 31, 2019 are included in “Other assets.”
Schedule of Other Information	Other information Weighted-average remaining lease term—finance leases 5.32 years Weighted-average remaining lease term—operating leases 7.21 years Weighted-average discount rate—finance leases 9.48 % Weighted-average discount rate—operating leases 7.21 % Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases 663 Operating cash flows from operating leases 17,220 Financing cash flows from finance leases 1,780
Schedule of Operating and Finance Lease Liabilities	The following table reconciles the undiscounted cash flows for operating and finance leases as of March 31, 2019 to the operating and finance lease liabilities recorded on the balance sheet: Period range Finance lease Operating lease Year 1 8,965 62,878 Year 2 8,111 56,639 Year 3 5,381 50,276 Year 4 5,674 44,642 Year 5 4,862 38,227 More than five years 6,221 130,010 Total lease payments 39,214 382,672 Less: imputed interest 7,516 88,666 Total lease liabilities 31,698 294,006

Guarantor financial informati_2

Guarantor financial information (Tables)	3 Months Ended
	Mar. 31, 2019
Guarantor Financial Information [Abstract]
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet As of March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Assets Current assets Cash and cash equivalents $ 20,432 $ 1,853 $ 303,092 $ — $ 325,377 Accounts receivable intercompany, net 98,833 — — (98,833 ) — Accounts receivable, net — — 838,992 — 838,992 Intercompany loans 557,213 3,300 1,982,655 (2,543,168 ) — Intercompany other receivable 22,859 85,209 126,127 (234,195 ) — Prepaid expenses and other current assets 1,368 2,976 225,831 — 230,175 Total current assets $ 700,705 $ 93,338 $ 3,476,697 $ (2,876,196 ) $ 1,394,544 Property, plant and equipment, net 388 — 206,432 — 206,820 Operating lease right-of-use assets — — 266,947 — 266,947 Intercompany loans 100,000 — 500,000 (600,000 ) — Deferred tax assets (0 ) — 78,607 — 78,607 Investment in subsidiaries 560,371 3,172,298 582,493 (4,315,162 ) — Investment in equity affiliates (0 ) — 852 — 852 Investment in debentures, intercompany 576,868 153,493 — (730,361 ) — Intercompany other receivable — 61,317 — (61,317 ) — Intangible assets, net — — 173,472 — 173,472 Goodwill — — 1,400,212 — 1,400,212 Contract cost assets — — 180,803 — 180,803 Other assets 592 — 201,965 — 202,557 Total assets $ 1,938,924 $ 3,480,446 $ 7,068,480 $ (8,583,036 ) $ 3,904,814 Liabilities and equity Current liabilities Short-term borrowings $ 100,000 $ — $ 220,000 $ — $ 320,000 Intercompany loans 225,518 1,965,637 352,013 (2,543,168 ) — Current portion of long-term debt 4,961 — 29,055 — 34,016 Accounts payable 58 95 29,341 — 29,494 Intercompany accounts payable — — 98,833 (98,833 ) — Income taxes payable - - 49,929 — 49,929 Intercompany other payable 49,430 79,813 104,952 (234,195 ) — Accrued expenses and other current liabilities 10,345 5,270 520,433 — 536,048 Operating leases liability - - 42,294 - 42,294 Total current liabilities 390,312 2,050,815 1,446,850 (2,876,196 ) 1,011,781 Long-term debt, less current portion 439,554 — 527,319 — 966,873 Operating leases liability — — 251,712 — 251,712 Deferred tax liabilities — — 8,409 — 8,409 Intercompany other payable — — 61,317 (61,317 ) — Non-current intercompany loans payable 500,000 — 830,361 (1,330,361 ) — Other liabilities 204 93 170,573 — 170,870 Total liabilities $ 1,330,070 $ 2,050,908 $ 3,296,541 $ (4,267,874 ) $ 2,409,645 Shareholders' equity 608,854 1,429,538 3,771,939 (4,315,162 ) 1,495,169 Commitments and contingencies — — — — — Total liabilities and equity $ 1,938,924 $ 3,480,446 $ 7,068,480 $ (8,583,036 ) $ 3,904,814 30. Guarantor financial information (continued) Condensed Consolidating Balance Sheet As of December 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Assets Current assets Cash and cash equivalents $ 12,797 $ 2,505 $ 353,094 $— $ 368,396 Accounts receivable intercompany, net 89,958 — — (89,958 ) — Accounts receivable, net — — 774,184 — 774,184 Intercompany loans 447,578 1,300 1,835,608 (2,284,486 ) — Intercompany other receivable 33,224 52,783 117,537 (203,544 ) — Prepaid expenses and other current assets 2,242 1,278 208,957 — 212,477 Total current assets $ 585,799 $ 57,866 $ 3,289,380 $ (2,577,988 ) $ 1,355,057 Property, plant and equipment, Net 388 — 212,327 — 212,715 Intercompany loans 100,000 — 500,000 (600,000 ) — Deferred tax assets — — 74,566 — 74,566 Investment in subsidiaries 548,654 3,073,467 557,089 (4,179,210 ) — Investment in equity affiliates — — 836 — 836 Investment in debentures/bonds, intercompany 571,919 50,393 — (622,312 ) — Intercompany other receivable — 83,169 — (83,169 ) — Intangible assets, net — — 177,087 — 177,087 Goodwill — — 1,393,832 — 1,393,832 Contract cost assets — — 160,193 — 160,193 Other assets 682 — 154,477 — 155,159 Total assets $ 1,807,442 $ 3,264,895 $ 6,519,787 $ (8,062,679 ) $ 3,529,445 Liabilities and equity Current liabilities Short-term borrowings $ 100,000 $— $ 195,000 $— $ 295,000 Intercompany loans 128,572 1,849,537 306,377 (2,284,486 ) — Current portion of long-term debt 4,961 — 28,522 — 33,483 Accounts payable 1,636 520 40,428 — 42,584 Intercompany accounts payable — — 89,958 (89,958 ) — Income taxes payable — — 33,895 — 33,895 Intercompany other payable 47,844 70,973 84,727 (203,544 ) — Accrued expenses and other current liabilities 5,248 5,157 560,945 — 571,350 Total current liabilities $ 288,261 $ 1,926,187 $ 1,339,852 $ (2,577,988 ) $ 976,312 Long-term debt, less current portion 440,665 — 534,980 — 975,645 Deferred tax liabilities — — 8,080 — 8,080 Intercompany other payable — — 83,169 (83,169 ) — Non-current intercompany loans payable 500,000 — 722,312 (1,222,312 ) — Other liabilities 197 154 164,875 — 165,226 Total liabilities $ 1,229,123 $ 1,926,341 $ 2,853,268 $ (3,883,469 ) $ 2,125,263 Redeemable non-controlling interest — — — — — Shareholders' equity 578,319 1,338,554 3,666,519 (4,179,210 ) 1,404,182 Commitments and contingencies — — — — — Total liabilities and equity $ 1,807,442 $ 3,264,895 $ 6,519,787 $ (8,062,679 ) $ 3,529,445
Condensed Consolidating Statement of Income (Loss)	30. Guarantor financial information (continued) Condensed Consolidating Statement of Income (Loss) Three months ended March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Net revenues $ 11,432 $ — $ 809,206 $ (11,432 ) $ 809,206 Cost of revenue — 4,614 514,523 — 519,137 Gross profit $ 11,432 $ (4,614 ) $ 294,683 $ (11,432 ) $ 290,069 Operating expenses: Selling, general and administrative expenses 2,926 4,335 195,573 (11,432 ) 191,402 Amortization of acquired intangible assets — — 8,509 — 8,509 Other operating (income) expense, net — — 86 — 86 Income (loss) from operations $ 8,506 $ (8,949 ) $ 90,515 $ — $ 90,072 Foreign exchange gains (losses), net 954 (23 ) (4,363 ) — (3,432 ) Interest income (expense), net (5,341 ) — (5,782 ) — (11,123 ) Intercompany interest income (expense), net 18,702 (5,167 ) (13,535 ) — — Other income (expense), net (35 ) — 3,838 — 3,803 Income (loss) before equity-method investment activity, net and income tax expense $ 22,786 $ (14,139 ) $ 70,673 $ — $ 79,320 Gain (loss) on equity-method investment activity, net 1,984 74,980 21,146 (98,106 ) 4 Income before income tax expense $ 24,770 $ 60,841 $ 91,819 $ (98,106 ) $ 79,324 Income tax expense 1,640 — 16,843 — 18,483 Net income $ 23,130 $ 60,841 $ 74,976 $ (98,106 ) $ 60,841 Net loss attributable to redeemable non-controlling interest — — — — — Net income attributable to Genpact Limited shareholders $ 23,130 $ 60,841 $ 74,976 $ (98,106 ) $ 60,841 30. Guarantor financial information (continued) Condensed Consolidating Statement of Income (Loss) Three months ended March 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Net revenues $ 11,939 $ — $ 686,449 $ (9,476 ) $ 688,912 Cost of revenue — — 444,324 — 444,324 Gross profit $ 11,939 $ — $ 242,125 $ (9,476 ) $ 244,588 Operating expenses: Selling, general and administrative expenses 1,623 1,492 177,536 (9,542 ) 171,109 Amortization of acquired intangible assets — — 9,936 — 9,936 Other operating (income) expense, net 17 — (235 ) — (218 ) Income (loss) from operations $ 10,299 $ (1,492 ) $ 54,888 $ 66 $ 63,761 Foreign exchange gains (losses), net 953 221 3,624 — 4,798 Interest income (expense), net (3,489 ) — (4,611 ) — (8,100 ) Intercompany interest income (expense), net 20,543 (3,235 ) (17,308 ) — — Other income (expense), net — — 15,550 — 15,550 Income (loss) before equity-method investment activity, net and income tax expense $ 28,306 $ (4,506 ) $ 52,143 $ 66 $ 76,009 Gain (loss) on equity-method investment activity, net 7,443 69,201 34,058 (110,702 ) - Income before income tax expense $ 35,749 $ 64,695 $ 86,201 $ (110,636 ) $ 76,009 Income tax expense 1,691 — 10,384 — 12,075 Net income $ 34,058 $ 64,695 $ 75,817 $ (110,636 ) $ 63,934 Net loss attributable to redeemable non-controlling interest — — (761 ) — (761 ) Net income attributable to Genpact Limited shareholders $ 34,058 $ 64,695 $ 76,578 $ (110,636 ) $ 64,695
Condensed Consolidating Statement of Comprehensive Income (Loss)	30. Guarantor financial information (continued) Condensed Consolidating Statement of Comprehensive Income (Loss) Three months ended March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non-Guarantor Subsidiaries Eliminations Genpact Limited Shareholders Redeemable Non-controlling interest Net income (loss) $ 23,130 $ 60,841 $ 74,976 $ (98,106 ) $ 60,841 $ — Other comprehensive income: Currency translation adjustments 92 10,491 10,491 (10,583 ) $ 10,491 — Net income (loss) on cash flow hedging derivatives, net of taxes (Note 7) (308 ) 13,156 13,156 (12,848 ) 13,156 — Retirement benefits, net of taxes 12 210 210 (222) 210 — Other comprehensive income (loss) (204 ) 23,857 23,857 (23,653 ) 23,857 — Comprehensive income (loss) $ 22,926 $ 84,698 $ 98,833 $ (121,759 ) $ 84,698 $ — Three months ended March 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non-Guarantor Subsidiaries Eliminations Genpact Limited Shareholders Redeemable Non-controlling interest Net income (loss) $ 34,058 $ 64,695 $ 76,578 $ (110,636 ) $ 64,695 $ (761 ) Other comprehensive income: Currency translation adjustments (6,353 ) (9,335 ) (9,335 ) 15,688 (9,335 ) (424 ) Net income (loss) on cash flow hedging derivatives, net of taxes (Note 7) (15,681 ) (18,932 ) (18,932 ) 34,613 (18,932 ) - Retirement benefits, net of taxes 80 513 513 (593 ) 513 - Other comprehensive income (loss) (21,954 ) (27,754 ) (27,754 ) 49,708 (27,754 ) (424 ) Comprehensive income (loss) $ 12,104 $ 36,941 $ 48,824 $ (60,928 ) $ 36,941 $ (1,185 )
Condensed Consolidating Cash Flow	Condensed Consolidating Cash Flow Three months ended March 31, 2019 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Operating activities Net cash (used for) provided by operating activities $ (80,873 ) $ (1,480 ) $ (181,745 ) $ 258,682 $ (5,416 ) Investing activities Purchase of property, plant and equipment — — (14,072 ) — (14,072 ) Payment for internally generated intangible assets (including intangibles under development) — — (7,914 ) — (7,914 ) Proceeds from sale of property, plant and equipment — — 1,478 — 1,478 Investment in subsidiaries (6,586 ) (0 ) 6,586 — - Payment for issuance of bonds, intercompany — (103,100 ) — 103,100 - Payment for business acquisitions, net of cash acquired — — (6,305 ) — (6,305 ) Payment for purchase of redeemable non-controlling interest — — - — - Net cash (used for) provided by investing activities $ (6,586 ) $ (103,100 ) (20,227 ) $ 103,100 $ (26,813 ) Financing activities Repayment of capital lease obligations — — (1,780 ) — (1,780 ) Repayment of long-term debt (1,250 ) — (7,250 ) — (8,500 ) Proceeds from short-term borrowings — — 50,000 — 50,000 Repayment of Short-term borrowings — — (25,000 ) — (25,000 ) Proceeds from intercompany loans 96,946 118,100 55,948 (270,994 ) — Repayment of intercompany loans — (2,000 ) (10,312 ) 12,312 — Proceeds from issuance of common shares under stock-based compensation plans — 4,599 — — 4,599 Payment for net settlement of stock-based awards — (652 ) — — (652 ) Payment of earn-out/deferred consideration — — (8,400 ) — (8,400 ) Dividend paid — (16,119 ) — — (16,119 ) Proceeds from issuance of bonds, intercompany — — 103,100 (103,100 ) — Net cash (used for) provided by financing activities $ 95,696 $ 103,928 $ 156,306 $ (361,782 ) $ (5,852 ) Effect of exchange rate changes (602 ) — (4,336 ) — (4,938 ) Net increase (decrease) in cash and cash equivalents 8,237 (652 ) (45,666 ) — (38,081 ) Cash and cash equivalents at the beginning of the period 12,797 2,505 353,094 — 368,396 Cash and cash equivalents at the end of the period $ 20,432 $ 1,853 $ 303,092 $ — $ 325,377 Condensed Consolidating Cash Flow Three months ended March 31, 2018 Issuer/ Subsidiary Parent/ Guarantor Non- Guarantor Subsidiaries Eliminations Consolidated Operating activities Net cash (used for) provided by operating activities $ 22,190 $ 9,604 $ (162,655 ) $ 103,540 $ (27,322 ) Investing activities Purchase of property, plant and equipment - - (18,706 ) - (18,706 ) Payment for internally generated intangible assets - - (4,365 ) - (4,365 ) Proceeds from sale of property, plant and equipment - - 144 - 144 Investment in subsidiaries (2,000 ) - 2,066 (66 ) - Payment for purchase of redeemable non-controlling interest - - (4,730 ) - (4,730 ) Net cash (used for) provided by investing activities $ (2,000 ) $ - $ (25,591 ) $ (66 ) $ (27,657 ) Financing activities Repayment of capital lease obligations - - (537 ) - (537 ) Proceeds from long-term debt - - - - - Repayment of long-term debt - - (10,000 ) - (10,000 ) Proceeds from short-term borrowings 130 - 105,000 (130 ) 105,000 Proceeds from intercompany loans - 119,000 344 (119,344 ) - Repayment of intercompany loans (16,000 ) - - 16,000 - Proceeds from issuance of common shares under stock-based compensation plans - 4,202 - - 4,202 Payment for net settlement of stock-based awards - (13,284 ) - - (13,284 ) Payment of earn-out/deferred consideration - - (1,476 ) - (1,476 ) Dividend paid - (14,408 ) - - (14,408 ) Payment for stock purchased and retired - (95,984 ) - - (95,984 ) Payment for expenses related to stock purchase - (60 ) - - (60 ) Net cash (used for) provided by financing activities $ (15,870 ) $ (534 ) $ 93,331 $ (103,474 ) $ (26,547 ) Effect of exchange rate changes (265 ) - 1,549 - 1,284 Net increase (decrease) in cash and cash equivalents 4,320 9,070 (94,916 ) - (81,526 ) Cash and cash equivalents at the beginning of the period 4,507 2,136 497,825 - 504,468 Cash and cash equivalents at the end of the period $ 8,562 $ 11,206 $ 404,458 $ - $ 424,226

Organization - Additional Infor

Organization - Additional Information (Detail)	Mar. 31, 2019EmployeeCountry
Accounting Policies [Abstract]
Number of employees around the globe, minimum | Employee	87,000
Number of countries in which entity operates | Country	25

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Estimated Useful Lives of Intangible Assets Acquired (Detail)	3 Months Ended
	Mar. 31, 2019
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
Technology-related intangible assets | Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	2 years
Technology-related intangible assets | Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Intangible assets estimated useful lives	8 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	5 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Jan. 01, 2019
Minimum
Schedule Of Significant Accounting Policies [Line Items]
Additional terms of renewal option	1 year
Additional terms of termination option	1 year
Maximum
Schedule Of Significant Accounting Policies [Line Items]
Additional terms of renewal option	5 years
Additional terms of termination option	5 years
Topic 842
Schedule Of Significant Accounting Policies [Line Items]
Additional lease liabilities				$ 328,978
Additional right of use assets				$ 309,687
General Electric Company | Credit Concentration Risk | Receivables
Schedule Of Significant Accounting Policies [Line Items]
Concentration risk, percentage	14.00%		11.00%
General Electric Company | Credit Concentration Risk | Revenue From Contract With Customer
Schedule Of Significant Accounting Policies [Line Items]
Concentration risk, percentage	13.00%	8.00%

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Summary of Impact of Adoption of Topic 842 on consolidated financial statements (Detail) - USD ($) $ in Thousands		Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Schedule Of Significant Accounting Policies [Line Items]
Prepaid expenses and other current assets		$ 230,175		$ 212,477
Operating lease right-of-use assets		266,947
Other assets: finance lease right-of-use assets		35,544
Other assets		202,557		155,159
Property, plant and equipment, net		206,820		212,715
Accrued expenses and other current liabilities		536,048		571,350
Operating leases liability (current)		42,294
Operating leases liability (non-current)		251,712
Other liabilities		$ 170,870		$ 165,226
Topic 842
Schedule Of Significant Accounting Policies [Line Items]
Prepaid expenses and other current assets			$ 208,948
Operating lease right-of-use assets			273,732
Other assets: finance lease right-of-use assets			$ 35,955
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]			us-gaap:OtherAssetsMember
Other assets			$ 150,033
Property, plant and equipment, net			210,372
Accrued expenses and other current liabilities			570,227
Operating leases liability (current)			42,200
Operating leases liability (non-current)			258,378
Other liabilities			164,459
Topic 842 | Adoption of ASC 842 Increase (Decrease)
Schedule Of Significant Accounting Policies [Line Items]
Prepaid expenses and other current assets	[1]		(3,529)
Operating lease right-of-use assets			273,732
Other assets: finance lease right-of-use assets	[2]		$ 35,955
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]			us-gaap:OtherAssetsMember
Other assets	[3]		$ (5,126)
Property, plant and equipment, net	[4]		(2,343)
Accrued expenses and other current liabilities	[5]		(1,123)
Operating leases liability (current)			42,200
Operating leases liability (non-current)			258,378
Other liabilities	[6]		$ (767)
[1]	Includes prepaid rent amounting to $3,160 and leasehold land amounting to $369, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively.
[2]	The balance is included in “other assets” in the consolidated balance sheet
[3]	Includes prepaid rent amounting to $284 and leasehold land amounting to $4,842, which have been reclassified to operating lease right-of-use assets and finance lease right-of-use assets, respectively.
[4]	Represents vehicles recognized as capital leases under ASC 840 and reclassified as a finance lease right-of-use asset
[5]	Includes accrued lease liabilities of $4,562 adjusted with operating lease right-of-use assets offset by additional current portion of finance lease liabilities of $3,439 recognized upon the adoption of ASC 842.
[6]	Includes accrued lease liabilities of $25,728 adjusted with operating lease right-of-use assets offset by additional finance lease liabilities of $24,961 recognized upon the adoption of ASC 842.

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Summary of Impact of Adoption of Topic 842 on consolidated financial statements (Parenthetical) (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 01, 2019
Revenue Recognition [Line Items]
Operating lease right-of-use assets	$ 266,947
Finance lease right-of-use assets	35,544
Topic 842
Revenue Recognition [Line Items]
Operating lease right-of-use assets		$ 273,732
Finance lease right-of-use assets		$ 35,955
Prepaid Rent as Component of Prepaid Expenses and Other Current Assets
Revenue Recognition [Line Items]
Operating lease right-of-use assets	3,160
Leasehold Land as Component of Prepaid Expenses and Other Current Assets
Revenue Recognition [Line Items]
Finance lease right-of-use assets	369
Prepaid Rent as Component of Other Assets
Revenue Recognition [Line Items]
Operating lease right-of-use assets	284
Leasehold Land as Component of Other Assets
Revenue Recognition [Line Items]
Finance lease right-of-use assets	4,842
Accrued Lease Liabilities as Component of Accrued Expenses and Other Current Liabilities
Revenue Recognition [Line Items]
Operating lease right-of-use assets	4,562
Accrued Expenses and Other Current Liabilities | Topic 842
Revenue Recognition [Line Items]
Additional current portion of finance lease liabilities	3,439
Accrued Lease Liabilities as Component of Other Liabilities
Revenue Recognition [Line Items]
Operating lease right-of-use assets	25,728
Other Liabilities | Topic 842
Revenue Recognition [Line Items]
Additional finance lease liabilities	$ 24,961

Business Acquisitions - Risk Ca

Business Acquisitions - Risk Canvas Holdings, LLC - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 07, 2019	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill		$ 1,400,212	$ 1,393,832	$ 1,337,122
riskCanvas Holdings, LLC
Business Acquisition [Line Items]
Date of acquisition	Jan. 7, 2019
Ownership percentage acquired	100.00%
Purchase consideration	$ 5,747
Cash consideration to acquired certain assets and assumed certain liabilities	5,700
Goodwill	2,547
Acquisition related cost	967
Acquired assets	660
Liabilities assumed	707
riskCanvas Holdings, LLC | Customer-Related Intangible Assets
Business Acquisition [Line Items]
Intangible assets	1,700
riskCanvas Holdings, LLC | Software-Related Intangible Assets
Business Acquisition [Line Items]
Intangible assets	1,400
riskCanvas Holdings, LLC | Restrictive Covenants
Business Acquisition [Line Items]
Intangible assets	$ 100

Business Acquisitions - Barkawi

Business Acquisitions - Barkawi Management Consultants GmbH and Co. KG and Certain Related Entities - Additional Information (Detail) - USD ($) $ in Thousands	Aug. 30, 2018	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Payment for business acquisitions, net of cash acquired		$ 6,305
Goodwill		1,400,212	$ 1,393,832	$ 1,337,122
Barkawi
Business Acquisition [Line Items]
Date of acquisition	Aug. 30, 2018
Ownership percentage acquired	100.00%
Purchase consideration	$ 101,307
Payment for business acquisitions, net of cash acquired	95,625
Cash and cash equivalents	5,682
Cash consideration to acquired certain assets and assumed certain liabilities	$ 100,969
Consideration payable		$ 338
Maximum measurement period for tax position evaluation	1 year
Acquired intangible assets, weighted average amortization period	3 years
Goodwill	$ 81,250
Acquisition related cost	1,842
Acquired assets	17,314
Liabilities assumed	10,149
Recognized net deferred tax asset	892
Barkawi | Customer-Related Intangible Assets
Business Acquisition [Line Items]
Intangible assets	10,200
Barkawi | Marketing-Related Intangible Assets
Business Acquisition [Line Items]
Intangible assets	$ 1,800

Business Acquisitions - Commonw

Business Acquisitions - Commonwealth Informatics Inc. - Additional Information (Detail) - USD ($) $ in Thousands	Jul. 03, 2018	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Payment for business acquisitions, net of cash acquired		$ 6,305
Goodwill		1,400,212	$ 1,393,832	$ 1,337,122
Commonwealth
Business Acquisition [Line Items]
Date of acquisition	Jul. 3, 2018
Ownership percentage acquired	100.00%
Purchase consideration	$ 17,938
Payment for business acquisitions, net of cash acquired	16,123
Cash and cash equivalents	$ 1,477
Cash consideration to acquired certain assets and assumed certain liabilities		17,333
Consideration payable		$ 605
Maximum measurement period for tax position evaluation	1 year
Acquired intangible assets, weighted average amortization period	4 years
Goodwill	$ 11,587
Acquisition related cost	521
Acquired assets	2,583
Liabilities assumed	1,032
Commonwealth | Customer-Related Intangible Assets
Business Acquisition [Line Items]
Intangible assets	2,200
Commonwealth | Technology-Related Intangible Assets
Business Acquisition [Line Items]
Intangible assets	$ 2,600

Cash and Cash Equivalents - Sch

Cash and Cash Equivalents - Schedule of Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Cash And Cash Equivalents [Abstract]
Cash and other bank balances	$ 325,377	$ 368,396
Total	$ 325,377	$ 368,396	$ 424,226	$ 504,468

Accounts Receivable, Net of R_3

Accounts Receivable, Net of Reserve for Doubtful Receivables - Reserve for Doubtful Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Receivables [Abstract]
Opening balance	$ 23,960	$ 23,660	$ 23,660
Additions charged/reversal released to cost and expense	2,026	$ (103)	1,857
Deductions/effect of exchange rate fluctuations	(85)		(1,557)
Closing balance	$ 25,901		$ 23,960

Accounts Receivable, Net of R_4

Accounts Receivable, Net of Reserve for Doubtful Receivables - Additional Information (Detail) - USD ($)	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Receivables [Abstract]
Gross accounts receivable	$ 864,893,000	$ 798,144,000
Reserve for doubtful receivables	25,901,000	23,960,000	$ 23,660,000
Net accounts receivable	838,992,000	774,184,000
Accounts receivable due after one year	3,496,000	4,099,000
Accounts receivable from related parties	106,000	99,000
Reserve for doubtful receivables from related parties	$ 0	$ 0

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Assets and Liabilities Measured on Recurring Basis, Including Derivative Instruments (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative instruments, assets	[1],[2]	$ 43,863	$ 44,099
Deferred compensation plan assets	[1],[3]	8,066	1,613
Total, assets		51,929	45,712
Earn out consideration	[4],[5]	7,476	17,073
Derivative instruments, liabilities	[2],[4]	23,631	35,245
Deferred compensation plan liability	[4],[6]	7,935	1,582
Total, liabilities		39,042	53,900
Fair Value, Inputs, Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative instruments, assets	[1],[2]	43,863	44,099
Total, assets		43,863	44,099
Derivative instruments, liabilities	[2],[4]	23,631	35,245
Total, liabilities		23,631	35,245
Fair Value, Inputs, Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Deferred compensation plan assets	[1],[3]	8,066	1,613
Total, assets		8,066	1,613
Earn out consideration	[4],[5]	7,476	17,073
Deferred compensation plan liability	[4],[6]	7,935	1,582
Total, liabilities		$ 15,411	$ 18,655
[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]	Deferred compensation plan assets consist of life insurance policies held under a Rabbi Trust. Assets held in the Rabbi Trust are valued based on the cash surrender value of the insurance contract, which is determined based on the fair value of the underlying assets included in the insurance portfolio and are therefore classified within level 3 of the fair value hierarchy.
[4]	Included in “accrued expenses and other current liabilities” and “other liabilities” in the consolidated balance sheets.
[5]	The fair value of earn-out consideration, calculated as the present value of expected future payments to be made to the sellers of 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.
[6]	The fair value of the deferred compensation plan liability is derived based on the fair value of the underlying assets in the insurance policies and is therefore classified within level 3 of the fair value hierarchy.

Fair Value Measurements - Roll-

Fair Value Measurements - Roll-Forward of Fair Value of Earn-out Consideration Categorized as Level 3 in Fair Value Hierarchy (Detail) - Business Acquisition Contingent Consideration - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Opening balance		$ 17,073	$ 24,732
Payments made on earn-out consideration		(10,000)	(1,476)
Change in fair value of earn-out consideration	[1]		17
Others	[2]	403	627
Ending balance		$ 7,476	$ 23,900
[1]	Changes in the fair value of earn-out consideration are reported in “other operating (income) expense, net” in the consolidated statements of income.
[2]	“Others” is comprised of interest expense included in “interest income (expense), net” and the impact of changes in foreign exchange reported in “foreign exchange gains (losses), net” in the consolidated statements of income. This also includes a cumulative translation adjustment reported as a component of “other comprehensive income (loss).”

Fair Value Measurements - Rol_2

Fair Value Measurements - Roll-Forward of Fair Value of Deferred Compensation Plan Assets Categorized as Level 3 in Fair Value Hierarchy (Detail) - Deferred Compensation Plan Assets $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Opening balance	$ 1,613
Additions	6,165
Change in fair value of deferred compensation plan assets	288	[1]
Closing balance	$ 8,066
[1]	Changes in the fair value of plan assets are reported in “other income (expense), net” in the consolidated statements of income.

Fair Value Measurements - Rol_3

Fair Value Measurements - Roll-Forward of Fair Value of Deferred Compensation Liabilities Categorized as Level 3 in Fair Value Hierarchy (Detail) - Deferred Compensation Liabilities $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Opening balance	$ 1,582
Additions	6,165
Change in fair value of deferred compensation plan liabilities	188	[1]
Ending balance	$ 7,935
[1]	Changes in the fair value of deferred compensation liabilities are reported in “selling, general and administrative expenses” in the consolidated statements of income.

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivative [Line Items]
Gains (losses) recognized in income on ineffective portion of derivatives and excluded from effectiveness testing	$ 0	$ 0
Forward Foreign Exchange Contracts | Maximum
Derivative [Line Items]
Derivative financial instrument contracts, maturity period	57 months
Interest Rate Swaps | Maximum
Derivative [Line Items]
Derivative financial instrument contracts, maturity period	57 months

Derivative Financial Instrume_4

Derivative Financial Instruments - Aggregate Notional Principal Amounts of Outstanding Derivative Financial Instruments with Related Balance Sheet Exposure (Detail) - USD ($)		Mar. 31, 2019	Dec. 31, 2018
Derivative [Line Items]
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	$ 20,232,000	$ 8,854,000
United States Dollars (sell) Indian Rupees (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	1,271,000,000	1,439,000,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	8,697,000	(3,643,000)
United States Dollars (sell) Mexican Peso (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	9,000,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	213,000
United States Dollars (sell) Philippines Peso (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	42,750,000	55,800,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(1,028,000)	(1,510,000)
Euro (sell) United States Dollars (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	127,477,000	136,412,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	6,961,000	4,804,000
Pound Sterling (buy) United States Dollars (sell)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]		128,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]		(128,000)
Euro (sell) Romanian Leu (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	30,316,000	41,198,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(665,000)	(299,000)
Japanese Yen (sell) Chinese Renminbi (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	34,469,000	40,568,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(782,000)	(2,195,000)
Pound Sterling (sell) United States Dollars (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	22,919,000	27,517,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	(79,000)	495,000
Australian Dollars (sell) United States Dollars (buy)
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	83,317,000	89,780,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	2,731,000	3,548,000
Interest Rate Swap Floating To Fixed [Member]
Derivative [Line Items]
Derivative instrument notional principal amount	[2]	499,969,000	507,425,000
Derivative financial instrument, balance sheet exposure asset (liability)	[1]	$ 4,184,000	$ 7,782,000
[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, foreign exchange, interest rate or market risks. However, the amounts exchanged are based on the notional amounts and other provisions of the underlying derivative financial instrument agreements.

Derivative Financial Instrume_5

Derivative Financial Instruments - Fair Value of Derivative Instruments and Location in Financial Statements (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Prepaid Expenses and Other Current Assets | Not Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Fair value of assets	$ 7,469	$ 11,490
Accrued Expenses and Other Current Liabilities | Not Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Fair value of liabilities	35	225
Cash Flow Hedges | Prepaid Expenses and Other Current Assets
Derivatives Fair Value [Line Items]
Fair value of assets	25,136	23,038
Cash Flow Hedges | Other Assets
Derivatives Fair Value [Line Items]
Fair value of assets	11,258	9,571
Cash Flow Hedges | Accrued Expenses and Other Current Liabilities
Derivatives Fair Value [Line Items]
Fair value of liabilities	9,444	15,148
Cash Flow Hedges | Other Liabilities
Derivatives Fair Value [Line Items]
Fair value of liabilities	$ 14,152	$ 19,872

Derivative Financial Instrume_6

Derivative Financial Instruments - 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, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Other Comprehensive Income (Loss) [Line Items]
Opening balance, before-tax amount	$ (2,411)	$ 50,529
Adjusted opening balance, before-tax amount			$ (2,411)	$ 50,529
Net gains (losses) reclassified into statement of income upon completion of hedged transactions, before-tax amount	3,193	8,279
Changes in fair value of effective portion of outstanding derivatives, net, before-tax amount	18,402	(15,893)
Gain (loss) on cash flow hedging derivatives, net, before-tax amount	15,209	(24,172)
Closing balance, before-tax amount	12,798	26,357
Opening balance, tax (expense) or benefit	(5,524)	(14,436)
Adjusted opening balance, tax (expense) or benefit			(5,524)	(12,171)
Net gains (losses) reclassified into statement of income upon completion of hedged transactions, tax (expense) or benefit	(1,571)	(1,616)
Changes in fair value of effective portion of outstanding derivatives, net, tax (expense) or benefit	(3,624)	3,625
Gain (loss) on cash flow hedging derivatives, net, tax (expense) or benefit	(2,053)	5,240
Closing balance, tax (expense) or benefit	(7,577)	(6,931)
Opening balance, net of tax amount	(7,935)	36,093
Adjusted opening balance, net of tax amount			$ (7,935)	38,358
Net gains (losses) reclassified into statement of income upon completion of hedged transactions, net of tax amount	1,622	6,663
Changes in fair value of effective portion of outstanding derivatives, net, net of tax amount	14,778	(12,269)
Gain (loss) on cash flow hedging derivatives, net of taxes amount	13,156	(18,932)
Closing balance, net of tax amount	$ 5,221	$ 19,426
ASU 2018-02
Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02, tax (expense) or benefit				2,265
Adoption of ASU 2018-02, net of tax amount				$ 2,265

Derivative Financial Instrume_7

Derivative Financial Instruments - Gains or Losses Recorded as Component of Other Comprehensive Income (Loss) or Other Comprehensive Income (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) recognized in OCI on Derivatives (Effective Portion)		$ 18,402	$ (15,893)
Amount of Gain (loss) reclassified from OCI into Statement of Income (Effective Portion)		3,193	8,279
Non designated Hedges, amount of (Gain) Loss recognized in Statement of Income on Derivatives		3,660	(4,288)
Net revenues
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) reclassified from OCI into Statement of Income (Effective Portion)		973	(1,474)
Cost of Revenue
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) reclassified from OCI into Statement of Income (Effective Portion)		644	7,270
Selling, General and Administrative Expenses
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) reclassified from OCI into Statement of Income (Effective Portion)		160	1,934
Interest Expense
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) reclassified from OCI into Statement of Income (Effective Portion)		1,416	549
Forward Foreign Exchange Contracts
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) recognized in OCI on Derivatives (Effective Portion)		20,583	(18,679)
Forward Foreign Exchange Contracts | 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]	3,660	(4,288)
Interest Rate Swaps
Other Comprehensive Income (Loss) [Line Items]
Amount of Gain (loss) recognized in OCI on Derivatives (Effective Portion)		$ (2,181)	$ 2,786
[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 Cu_3

Prepaid Expenses and Other Current Assets - Schedule of Prepaid Expenses and Other Current Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Prepaid Expense And Other Assets Current [Abstract]
Advance income and non-income taxes	$ 69,230	$ 58,701
Contract asset	25,618	22,472
Prepaid expenses	27,452	25,996
Derivative instruments	32,605	34,528
Employee advances	3,499	3,772
Deposits	3,275	2,758
Advances to suppliers	2,409	1,998
Others	66,087	62,252
Prepaid expenses and other current assets, net	$ 230,175	$ 212,477

Property, Plant and Equipment_3

Property, Plant and Equipment, Net - Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Property Plant And Equipment [Abstract]
Property, plant and equipment, gross	$ 657,935	$ 660,754
Less: Accumulated depreciation and amortization	(451,115)	(448,039)
Property, plant and equipment, net	$ 206,820	$ 212,715

Property, Plant and Equipment_4

Property, Plant and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Property Plant And Equipment [Line Items]
Depreciation and amortization	$ 21,919	$ 15,836
Effect of Reclassification of Foreign Exchange (Gains) Losses
Property Plant And Equipment [Line Items]
Depreciation and amortization	(33)	(340)
Depreciation Expense on Property, Plant And Equipment
Property Plant And Equipment [Line Items]
Depreciation and amortization	13,416	12,275
Computer Software
Property Plant And Equipment [Line Items]
Depreciation and amortization	$ 2,968	$ 2,812

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Changes in Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Opening balance	$ 1,393,832	$ 1,337,122
Goodwill relating to acquisitions consummated during the period	2,547	91,936
Impact of measurement period adjustments	334	816
Effect of exchange rate fluctuations	3,499	(36,042)
Closing balance	$ 1,400,212	$ 1,393,832

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill deductible for tax purposes	$ 188,200		$ 187,546
Amortization of acquired intangible assets	8,509	$ 9,936
Technology related internally developed intangibles
Goodwill and Intangible Assets Disclosure [Line Items]
Amortization of acquired intangible assets	3,645	400
Technology related internally developed intangibles | Effect of Reclassification of Foreign Exchange (Gains) Losses
Goodwill and Intangible Assets Disclosure [Line Items]
Amortization of acquired intangible assets	$ (7)	$ (9)

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	$ 573,128	$ 565,313
Accumulated amortization & Impairment	399,656	388,226
Net	173,472	177,087
Customer-Related Intangible Assets
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	371,173	368,558
Accumulated amortization & Impairment	313,520	306,582
Net	57,653	61,976
Marketing-Related Intangible Assets
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	54,965	54,714
Accumulated amortization & Impairment	47,788	46,591
Net	7,177	8,123
Technology-related intangible assets
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	127,650	76,790
Accumulated amortization & Impairment	37,263	33,976
Net	90,387	42,814
Other Intangible Assets
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	1,212	1,204
Accumulated amortization & Impairment	1,085	1,077
Net	127	127
Intangible Assets Under Development [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	18,128	64,047
Net	$ 18,128	$ 64,047

Short-Term Borrowings - Additio

Short-Term Borrowings - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Aug. 31, 2018	Mar. 31, 2019	Dec. 31, 2018	Aug. 09, 2018	Aug. 08, 2018
Line Of Credit Facility [Line Items]
Fund-based and non-fund-based credit facilities limits available		$ 14,375,000	$ 14,281,000
Utilization of credit facility for non fund-based usage		6,917,000	7,389,000
Credit facility, amount utilized		322,098,000	297,098,000
Short-term borrowings		$ 320,000,000	$ 295,000,000
Revolving credit facility, expiration month and year		Aug. 8, 2023
Margin over LIBOR	1.375%	1.375%	1.375%
Percentage of commitment fee		0.20%	0.20%
Revolving Credit Facility
Line Of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity				$ 500,000,000	$ 350,000,000
Non-Fund-Based Credit Facility
Line Of Credit Facility [Line Items]
Credit facility, amount utilized		$ 2,098,000	$ 2,098,000
Fund-Based Credit Facility
Line Of Credit Facility [Line Items]
Margin over LIBOR		1.375%	1.375%

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	1 Months Ended		3 Months Ended	12 Months Ended
	Aug. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2019USD ($)Day	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Aug. 09, 2018USD ($)	Aug. 08, 2018USD ($)
Debt Instrument [Line Items]
Maturity date of loan agreement			Aug. 8, 2023
Margin over LIBOR	1.375%		1.375%	1.375%
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity						$ 500,000,000	$ 350,000,000
Term Loan Credit Facility
Debt Instrument [Line Items]
Debt amortization expense			$ 2,028,000	$ 2,158,000
Maturity date of loan agreement			Aug. 8, 2023
Debt amount outstanding			$ 652,472,000	660,841,000
Principal amount of term loan			$ 8,500,000
Credit facility, frequency of payments			Quarterly
2015 Facility
Debt Instrument [Line Items]
Margin over LIBOR	1.50%
Credit facility, base rate	0.50%
2015 Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 350,000,000
2015 Facility | Term Loan Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	800,000,000
Outstanding term loan	550,814,000
Extinguished outstanding term loan	129,186,000
Amended 2015 Facility
Debt Instrument [Line Items]
Debt amortization expense	$ 2,029,000
Margin over LIBOR	1.375%
Credit facility, base rate	0.375%
Amended 2015 Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity	$ 500,000,000				$ 500,000,000
Debt amortization expense	$ 82,000
Maturity date of loan agreement	Aug. 8, 2023
Amended 2015 Facility | Term Loan Credit Facility
Debt Instrument [Line Items]
Outstanding term loan	$ 680,000,000
Additional funding	129,186,000
Change to outstanding principal of term loan	$ 0
3.70% Senior Notes | Genpact Luxembourg S.à r.l.
Debt Instrument [Line Items]
Debt amortization expense			$ 1,583,000	1,713,000
Debt amount outstanding			$ 348,417,000	$ 348,287,000
Principal amount of senior notes issued		$ 350,000,000
Interest rate on senior notes		3.70%
Net proceeds from issue of senior notes		$ 348,519,000
Debt discount and underwriting fee		1,481,000
Other debt issuance costs		1,161,000
Total debt issuance cost		$ 2,642,000
Debt instrument, maturity date			Apr. 1, 2022
Debt instrument description			The Issuer will pay interest on the notes semi-annually in arrears on April 1 and October 1 of each year, ending on the maturity date of April 1, 2022.
Debt instrument redemption price percentage			100.00%
Debt instrument redemption date			Mar. 1, 2022
Debt repurchase price as percentage of aggregate principal value upon certain change of controls			101.00%
Maximum increase in downgrade of credit rating of notes to adjust interest rate payable			2.00%
Debt instrument, number of days to provide offer to exchange notes for outstanding unregistered notes | Day			455

Long-Term Debt - Maturity Profi

Long-Term Debt - Maturity Profile of Term Loan Outstanding Net of Debt Amortization Expense (Detail) - Term Loan Credit Facility - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
2019	$ 25,114
2020	33,509
2021	33,537
2022	33,564
2023	526,748
Total	$ 652,472	$ 660,841

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accrued Liabilities And Other Liabilities [Abstract]
Accrued expenses	$ 186,599	$ 179,843
Accrued employee cost	151,101	210,251
Earn-out consideration	7,272	16,875
Statutory liabilities	61,839	42,728
Retirement benefits	25,122	22,921
Derivative instruments	9,479	15,373
Contract liabilities	65,619	64,744
Other liabilities	22,276	16,807
Capital lease obligations		1,808
Finance lease liability	6,741
Accrued expenses and other current liabilities, net	$ 536,048	$ 571,350

Other Liabilities - Schedule of

Other Liabilities - Schedule of Other Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Other Liabilities Disclosure [Abstract]
Accrued employee cost	$ 7,186	$ 6,341
Earn-out consideration	204	198
Retirement benefits	51,968	50,370
Derivative instruments	14,152	19,872
Contract liabilities	57,566	53,796
Others	14,837	32,935
Capital lease obligations		1,714
Finance lease liability	24,957
Other Liabilities	$ 170,870	$ 165,226

Employee Benefit Plans - Net De

Employee Benefit Plans - Net Defined Benefit Plan Costs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Compensation And Retirement Disclosure [Abstract]
Service costs	$ 1,973	$ 1,995
Interest costs	1,072	995
Amortization of actuarial loss	317	320
Expected return on plan assets	(633)	(736)
Net defined benefit plan costs	$ 2,729	$ 2,574

Employee Benefit Plans - Amount

Employee Benefit Plans - Amounts Contributed to Defined Contribution Plans in Various Jurisdictions (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	$ 20,037	$ 18,234
India
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	6,565	5,944
U.K.
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	2,423	2,137
China
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	4,773	4,394
Other Regions
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	1,069	1,160
U.S.
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plans, contributed amount	$ 5,207	$ 4,599

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands	Jul. 01, 2018	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Deferred compensation plan liability		$ 7,935		$ 1,582
Cash surrender value of policies		8,066		$ 1,613
Change in fair value of plan assets		288	$ 0
Change in fair value of deferred compensation liabilities		$ (188)	$ 0
U.S.
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Vesting percentage of participants	100.00%
Employer discretionary vesting period	2 years
Earnings receivable minimum term	2 years
Earnings receivable lump sum or annual installment maximum terms	15 years
One-Year Anniversary of Approval of Contribution | U.S.
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Employer discretionary vesting percentage	50.00%
Two-Year Anniversary of Approval of Contribution | U.S.
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Employer discretionary vesting percentage	50.00%
Minimum | U.S.
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Individual qualifying base compensation, percentage	1.00%
Individual qualifying bonus compensation, percentage	1.00%
Maximum | U.S.
Deferred Compensation Arrangement With Individual Excluding Share Based Payments And Postretirement Benefits [Line Items]
Individual qualifying base compensation, percentage	80.00%
Individual qualifying bonus compensation, percentage	100.00%

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($)	Apr. 11, 2012	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	May 09, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock based compensation cost		$ 18,231,000	$ 7,597,000
Options granted, contractual period, years		10 years
Options granted		1,771,068	0
Unrecognized stock-based compensation cost for options		$ 29,845,000
Employee Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average remaining requisite vesting period		4 years 1 month 6 days
Restricted Share Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average remaining requisite vesting period		2 years 2 months 12 days
Shares to be issued on vested awards other than options				52,875
Vested RSU issued during the period		52,405
Unrecognized stock-based compensation cost		$ 26,640,000
Performance Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average remaining requisite vesting period		1 year 10 months 24 days
Unrecognized stock-based compensation cost		$ 61,955,000
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		$ 25,000
Common shares reserved for issuance		4,200,000
Issuance of common shares under the employee stock purchase plan (in shares)		64,869	58,476
Compensation expense for ESPP		$ 230,000	$ 190,000
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award, vesting period, years		4 years
Minimum | Restricted Share Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award, vesting period, years		3 months
Minimum | Performance Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award, vesting period, years		6 months
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award, vesting period, years		5 years
Maximum | Restricted Share Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award, vesting period, years		4 years
Maximum | Performance Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award, vesting period, years		3 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
Number of common shares authorized for issuance	15,000,000
2017 Omnibus Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of common shares authorized for issuance					15,000,000

Stock-Based Compensation - Sign

Stock-Based Compensation - Significant Assumptions used in Determining Fair Value of Options Granted (Detail)	3 Months Ended
	Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Dividend yield	1.08%
Expected life (in months)	84 months
Risk-free rate of interest	2.63%
Volatility	21.38%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Shares arising out of options
Outstanding, shares arising out of options, beginning balance		7,261,675
Granted, shares arising out of options		1,771,068	0
Forfeited, shares arising out of options		(85,000)
Exercised, shares arising out of options	[1]	(145,535)
Outstanding, shares arising out of options, ending balance		8,802,208		7,261,675
Vested and expected to vest thereafter, shares arising out of options	[2]	8,461,634
Vested and exercisable, shares arising out of options		3,538,035
Weighted average grant-date fair value of options granted during the period		$ 6.83
Weighted average exercise price
Outstanding weighted average exercise price, beginning balance		23.61
Granted, weighted average exercise price		27.70
Forfeited, weighted average exercise price		29.91
Exercised, weighted average exercise price	[1]	19.60
Outstanding weighted average exercise price, ending balance		24.44		$ 23.61
Vested and expected to vest thereafter, weighted average exercise price	[2]	24.30
Vested and exercisable, weighted average exercise price		$ 18.43
Weighted average remaining contractual life (years)
Outstanding weighted average remaining contractual life (years)		6 years 10 months 24 days		6 years 4 months 24 days
Vested and expected to vest thereafter, weighted average remaining contractual life (years)	[2]	6 years 10 months 24 days
Vested and exercisable, weighted average remaining contractual life (years)		3 years 9 months 18 days
Aggregate intrinsic value
Exercised, aggregate intrinsic value	[1]	$ 2,267
Outstanding aggregate intrinsic value, ending balance		94,577
Vested and expected to vest thereafter, aggregate intrinsic value	[2]	92,104
Vested and exercisable, aggregate intrinsic value		$ 59,278
[1]	Of this amount, 10,000 options were issued in April 2019.
[2]	Options expected to vest reflect an estimated forfeiture rate.

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail) - shares		1 Months Ended	3 Months Ended
		Apr. 30, 2019	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common shares on exercise of options (in shares)	[1]		145,535
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common shares on exercise of options (in shares)		10,000
[1]	Of this amount, 10,000 options were issued in April 2019.

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Restricted Share Units Activity (Detail) - Restricted Share Units (RSUs)	3 Months Ended
	Mar. 31, 2019$ / sharesshares
Number of Restricted Share Units
Outstanding number of shares (Units), beginning balance	1,528,999
Granted, number of shares (Units)	221,328
Vested, number of shares (Units)	(82,294)	[1]
Forfeited, number of shares (Units)	(27,393)
Outstanding number of shares (Units), ending balance	1,640,640
Expected to vest, number of shares (Units)	1,469,062	[2]
Weighted Average Grant Date Fair Value
Outstanding weighted average grant date fair value, beginning balance | $ / shares	$ 27.45
Granted, weighted average grant date fair value | $ / shares	33.64
Vested, weighted average grant date fair value | $ / shares	26.88	[1]
Forfeited, weighted average grant date fair value | $ / shares	30.14
Outstanding weighted average grant date fair value, ending balance | $ / shares	$ 28.27
[1]	82,294 RSUs that vested during the period were net settled upon vesting by issuing 60,799 shares (net of minimum statutory tax withholding).
[2]	The number of RSUs expected to vest reflects the application of an estimated forfeiture rate.

Stock-Based Compensation - Su_4

Stock-Based Compensation - Summary of Restricted Share Units Activity (Parenthetical) (Detail) - Restricted Share Units (RSUs)	3 Months Ended
	Mar. 31, 2019shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vested, number of shares (Units)	82,294	[1]
RSUs settled on vesting by issuing shares (net of minimum tax withholding)	60,799
[1]	82,294 RSUs that vested during the period were net settled upon vesting by issuing 60,799 shares (net of minimum statutory tax withholding).

Stock-Based Compensation - Su_5

Stock-Based Compensation - Summary of Performance Units Activity (Detail) - Performance Units	3 Months Ended
	Mar. 31, 2019$ / sharesshares
Number of Performance Units
Outstanding number of shares (Units), beginning balance	3,712,402
Granted, number of shares (Units)	530,026
Forfeited, number of shares (Units)	(36,690)
Adjustment upon final determination of level of performance goal achievement	(13,996)	[1]
Outstanding number of shares (Units), ending balance	4,191,742
Expected to vest, number of shares (Units)	3,965,713	[2]
Weighted Average Grant Date Fair Value
Outstanding weighted average grant date fair value, beginning balance | $ / shares	$ 28.40
Granted, weighted average grant date fair value | $ / shares	32.44
Forfeited, weighted average grant date fair value | $ / shares	27.76
Adjustment upon final determination of level of performance goal achievement | $ / shares	30.68	[1]
Outstanding weighted average grant date fair value, ending balance | $ / shares	$ 28.91
Maximum shares eligible to receive
Outstanding maximum shares eligible to receive, beginning balance	3,712,402
Granted, maximum shares eligible to receive	1,060,052
Forfeited, maximum shares eligible to receive	(36,690)
Adjustment upon final determination of level of performance goal achievement	(13,996)	[1]
Outstanding maximum shares eligible to receive, ending balance	4,721,768
[1]	Represents an adjustment made in March 2019 to the number of shares subject to the PUs granted in 2018 upon certification of the level of achievement of the performance targets underlying such awards.
[2]	The number of PUs expected to vest reflects the application of an estimated forfeiture rate.

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($)

Mar. 20, 2019

Feb. 07, 2019

Mar. 21, 2018

Feb. 12, 2018

Jan. 17, 2018

Dec. 29, 2017

Mar. 30, 2017

Mar. 31, 2019

Mar. 31, 2018

Dec. 31, 2018

Dec. 31, 2017

Mar. 29, 2017

Feb. 10, 2017

Dec. 31, 2016

Class Of Stock [Line Items]

Stock repurchase authorized amount

$ 1,250,000,000

$ 750,000,000

Additional stock repurchase authorized amount

$ 500,000,000

Shares repurchased and retired (in shares)

0

3,015,999

Common stock shares repurchased price per share

$ 31.82

Aggregate amount of common stock shares repurchased

$ 95,984,000

Expenses related to stock purchases

$ 60,000

Percentage Increase In Quarterly Cash Dividend

13.00%

25.00%

Quarterly dividend declared

$ 0.085

$ 0.075

$ 0.085

$ 0.075

$ 0.075

$ 0.06

Annual dividend

$ 0.30

$ 0.24

Initial dividend paid

$ 16,119,000

$ 14,408,000

$ 16,119,000

$ 14,408,000

Dividends payable, date declared

Feb. 7, 2019

Feb. 12, 2018

Dividends paid per share

$ 0.085

$ 0.075

Planned annual dividend

$ 0.34

$ 0.30

First Quarter Dividend

Class Of Stock [Line Items]

Dividend payment date

Mar. 20, 2019

Mar. 21, 2018

Dividends payable, date of record

Mar. 8, 2019

Mar. 9, 2018

Accelerated Share Repurchase Agreement

Class Of Stock [Line Items]

Aggregate purchase price of common shares

$ 200,000,000

Initial delivery of common shares received

6,578,947

Additional delivery of common shares received

350,006

Final delivery of common shares received

163,975

Delivery of weighted average price per share of common shares

$ 28.20

Share Repurchase Open Market

Class Of Stock [Line Items]

Aggregate amount of common stock shares repurchased

$ 95,984,000

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Number of stock awards outstanding but not included in the computation of diluted earnings per common share	4,547,975	660,000

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share (Abstract)
Net income available to Genpact Limited common shareholders	$ 60,841	$ 64,695
Weighted average number of common shares used in computing basic earnings per common share	189,451,845	192,816,626
Dilutive effect of stock-based awards	3,942,363	3,471,943
Weighted average number of common shares used in computing dilutive earnings per common share	193,394,208	196,288,569
Basic	$ 0.32	$ 0.34
Diluted	$ 0.31	$ 0.33

Net Revenues - Net Revenues Dis

Net Revenues - Net Revenues Disaggregated by Customer (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Total net revenues	$ 809,206	$ 688,912
General Electric Company
Segment Reporting Information [Line Items]
Total net revenues	109,042	58,049
Global Clients
Segment Reporting Information [Line Items]
Total net revenues	$ 700,164	$ 630,863

Net Revenues - Net Revenues for

Net Revenues - Net Revenues for Service Type (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Total net revenues	$ 809,206	$ 688,912
Business Process Outsourcing
Segment Reporting Information [Line Items]
Total net revenues	681,263	574,061
Information Technology Services
Segment Reporting Information [Line Items]
Total net revenues	$ 127,943	$ 114,851

Net Revenues - Revenues from Cl

Net Revenues - Revenues from Clients Based on Industrial Serviced (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Total net revenues	$ 809,206	$ 688,912
Banking, Financial Services and Insurance
Segment Reporting Information [Line Items]
Total net revenues	238,152	269,491
Consumer Goods, Retail, Life Sciences and Healthcare
Segment Reporting Information [Line Items]
Total net revenues	256,614	204,727
High tech, Manufacturing and Services
Segment Reporting Information [Line Items]
Total net revenues	$ 314,440	$ 214,694

Net Revenues - Net Revenues fro

Net Revenues - Net Revenues from Geographic Areas Based on Location of Service Delivery Centers (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Total net revenues	$ 809,206	$ 688,912
India
Segment Reporting Information [Line Items]
Total net revenues	436,743	389,134
Asia, other than India
Segment Reporting Information [Line Items]
Total net revenues	93,661	79,461
North and Latin America
Segment Reporting Information [Line Items]
Total net revenues	181,763	152,280
Europe
Segment Reporting Information [Line Items]
Total net revenues	$ 97,039	$ 68,037

Net Revenues - Additional Infor

Net Revenues - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2019
Revenues [Abstract]
Billing cycle period	30 days

Net Revenues - Details of Compa

Net Revenues - Details of Company's Contract Liabilities (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Revenues [Abstract]
Advance from customers, Opening balance		$ 22,892	$ 26,266
Advance from customers, Impact of opening balance offset with contract liability		3,821
Advance from customers, Gross opening balance		26,713	26,266
Advance from customers, Additions		14,147	11,248
Advance from customers, Effect of business combinations		444
Advance from customers, Revenue recognized		(10,912)	(2,944)
Advance from customers, Currency translation adjustments		(16)
Advance from customers, Gross closing balance		30,376	34,570
Advance from customers, Impact of closing balance offset with contract asset		(4,328)
Advance from customers, Closing balance	[1]	26,048	34,570
Deferred transition revenue, Opening balance		95,648	101,785
Deferred transition revenue, Impact of opening balance offset with contract liability		25,604	21,348
Deferred transition revenue, Gross opening balance		121,252	123,133
Deferred transition revenue, Additions		24,217	14,162
Deferred transition revenue, Revenue recognized		(11,728)	(10,430)
Deferred transition revenue, Currency translation adjustments		128	(10)
Deferred transition revenue, Gross closing balance		133,869	126,855
Deferred transition revenue, Impact of closing balance offset with contract asset		(36,732)	(24,427)
Deferred transition revenue, Closing Balance	[1]	$ 97,137	$ 102,428
[1]	(a) Included in “accrued expenses and other current liabilities” and “other liabilities” in the consolidated balance sheet.

Net Revenues - Estimated Revenu

Net Revenues - Estimated Revenue Expected to Recognized in Future Related to Remaining Performance Obligation (Detail) $ in Thousands	Mar. 31, 2019USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation	$ 97,158
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2019-04-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation	$ 39,592
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation	$ 42,471
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation	$ 12,561
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation	$ 2,534
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

Net Revenues - Estimated Reve_2

Net Revenues - Estimated Revenue Expected to Recognized in Future Related to Remaining Performance Obligation (Detail 1) $ in Thousands	Mar. 31, 2019USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation	$ 97,158

Net Revenues - Details of Com_2

Net Revenues - Details of Company's Contract Assets (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Revenues [Abstract]
Opening balance		$ 45,035	$ 43,366
Impact of opening balance offset		(29,425)	(21,348)
Gross opening balance		74,460	64,714
Additions		27,113	13,918
Reduction in revenue recognized		(13,560)	(5,902)
Gross closing balance		88,013	72,730
Impact of closing balance offset with contract liability		(41,062)	(24,427)
Closing balance	[1]	$ 46,951	$ 48,303
[1]	Included in "prepaid expenses and other current assets" and "other assets" in the consolidated balance sheet.

Net Revenues - Details of Com_3

Net Revenues - Details of Company's Contract Cost Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Opening balance	$ 160,193
Closing balance	180,803
Sales Incentive Programs
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Opening balance	25,891	$ 23,227
Closing balance	36,380	23,271
Amortization	4,107	3,239
Process Transition Activities
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Opening balance	134,302	139,284
Closing balance	144,423	139,164
Amortization	$ 11,510	$ 11,579

Cost of Revenue - Schedule of C

Cost of Revenue - Schedule of Cost of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Component Of Operating Other Cost And Expense [Line Items]
Cost of revenue	$ 519,137	$ 444,324
Personnel expenses
Component Of Operating Other Cost And Expense [Line Items]
Cost of revenue	380,178	310,132
Operational expenses
Component Of Operating Other Cost And Expense [Line Items]
Cost of revenue	119,792	121,357
Depreciation and amortization
Component Of Operating Other Cost And Expense [Line Items]
Cost of revenue	$ 19,167	$ 12,835

Selling, General and Administ_3

Selling, General and Administrative Expenses - Schedule of Selling, General and Administrative Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Component Of Operating Other Cost And Expense [Line Items]
Selling, general and administrative expenses	$ 191,402	$ 171,109
Personnel expenses
Component Of Operating Other Cost And Expense [Line Items]
Selling, general and administrative expenses	142,480	128,068
Operational expenses
Component Of Operating Other Cost And Expense [Line Items]
Selling, general and administrative expenses	46,210	40,389
Depreciation and amortization
Component Of Operating Other Cost And Expense [Line Items]
Selling, general and administrative expenses	$ 2,712	$ 2,652

Other Operating (Income) Expe_3

Other Operating (Income) Expense, Net - Schedule of Other Operating (Income) Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Other Income And Expenses [Abstract]
Other operating (income) expense	$ 86	$ (235)
Change in fair value of earn-out consideration and deferred consideration (relating to business acquisitions)		17
Other operating (income) expense, net	$ 86	$ (218)

Interest Income (Expense), Ne_2

Interest Income (Expense), Net - Schedule of Interest Income (Expense), Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Other Income And Expenses [Abstract]
Interest income	$ 1,764	$ 3,370
Interest expense	(12,887)	(11,470)
Interest income (expense), net	$ (11,123)	$ (8,100)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Effective tax rate	23.30%	15.70%
Unrecognized tax benefits	$ 26,840		$ 26,722
Unrecognized tax benefits that would impact effective tax rate	25,602		25,485
Unrecognized tax benefits, interest on income taxes accrued	5,259		5,081
Unrecognized tax benefits, excluding exchange rate differences for interest recognized	467		178
Accrued penalties	$ 995		$ 998

Income Taxes - Activities Relat

Income Taxes - Activities Related to Unrecognized Tax Benefits for Uncertain Tax Positions (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Income Tax Uncertainties [Abstract]
Beginning balance	$ 26,722
Decrease related to prior year tax positions	(5)
Decrease related to prior year tax position due to lapse of applicable statute of limitation	(27)
Effect of exchange rate changes	150
Ending balance	$ 26,840

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Related Party Transaction [Line Items]
Investment in equity affiliates	$ 852		$ 836
Affiliate of Significant Shareholder
Related Party Transaction [Line Items]
Recognized net revenues	159	$ 304
Non-Consolidating Affiliates
Related Party Transaction [Line Items]
Cost of revenue	148	191
Selling, general and administrative expenses, net of recovery	24	49
Investment in equity affiliates	852		$ 836
Significant Shareholder of Company
Related Party Transaction [Line Items]
Selling, general and administrative expenses, net of recovery	$ 46	$ 10

Other Income (Expense), Net - S

Other Income (Expense), Net - Schedule of Other Income (Expense), Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Other Nonoperating Income Expense [Abstract]
Government incentives	$ 3,976	$ 15,500
Other income/(expense)	(173)	50
Other income (expense), net	$ 3,803	$ 15,550

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Commitments And Contingencies [Line Items]
Bank guarantees, outstanding	$ 9,016	$ 9,487
Capital Addition Purchase Commitments
Commitments And Contingencies [Line Items]
Commitments and contingencies	$ 7,458	$ 4,859

Leases - Additional Information

Leases - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Lessee Lease Description [Line Items]
Finance lease right-of-use assets	$ 35,544
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsNoncurrent
Maximum
Lessee Lease Description [Line Items]
Lease renewal term	5 years

Leases - Components of Lease Co

Leases - Components of Lease Cost of Operating and Finance Leases (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Finance lease cost
Amortization of right-of-use assets	$ 1,850	[1]
Interest on lease liabilities	663	[2]
Operating lease cost	14,109	[3]
Short term lease cost	84	[3]
Variable lease cost	2,884	[3]
Total lease cost	$ 19,590
[1]	Included in “depreciation and amortization” in the consolidated statements of income.
[2]	Included in “interest income (expense), net” in the consolidated statements of income.
[3]	Included in “cost of revenue” and “selling, general and administrative expenses” in the consolidated statements of income.

Leases - Schedule of Other info

Leases - Schedule of Other information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Leases [Abstract]
Weighted-average remaining lease term—finance leases	5 years 3 months 25 days
Weighted-average remaining lease term—operating leases	7 years 2 months 15 days
Weighted-average discount rate—finance leases	9.48%
Weighted-average discount rate—operating leases	7.21%
Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases	$ 663
Operating cash flows from operating leases	17,220
Financing cash flows from finance leases	$ 1,780	$ 537

Leases - Schedule of Operating

Leases - Schedule of Operating and Finance Lease Liabilities (Details) $ in Thousands	Mar. 31, 2019USD ($)
Finance lease
Year 1	$ 8,965
Year 2	8,111
Year 3	5,381
Year 4	5,674
Year 5	4,862
More than five years	6,221
Total lease payments	39,214
Less: imputed interest	7,516
Total lease liabilities	31,698
Operating lease
Year 1	62,878
Year 2	56,639
Year 3	50,276
Year 4	44,642
Year 5	38,227
More than five years	130,010
Total lease payments	382,672
Less: imputed interest	88,666
Total lease liabilities	$ 294,006

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - $ / shares	May 09, 2019	Feb. 07, 2019	Feb. 12, 2018	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Dividends payable, date declared		Feb. 7, 2019	Feb. 12, 2018
Quarterly dividend declared		$ 0.085	$ 0.075	$ 0.085	$ 0.075	$ 0.075	$ 0.06
Subsequent Event | Second Quarter Dividend
Subsequent Event [Line Items]
Dividends payable, date declared	May 9, 2019
Quarterly dividend declared	$ 0.085
Dividend payment date	Jun. 21, 2019
Dividends payable, date of record	Jun. 12, 2019

Guarantor Financial Informati_3

Guarantor Financial Information - Additional Information (Detail) - Genpact Luxembourg S.à r.l. - 3.70% Senior Notes	Mar. 31, 2017USD ($)
Debt Instrument [Line Items]
Principal amount of senior notes issued	$ 350,000,000
Interest rate on senior notes	3.70%

Guarantor Financial Informati_4

Guarantor Financial Information - Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 325,377	$ 368,396	$ 424,226	$ 504,468
Accounts receivable, net	838,992	774,184
Prepaid expenses and other current assets	230,175	212,477
Total current assets	1,394,544	1,355,057
Property, plant and equipment, net	206,820	212,715
Operating lease right-of-use assets	266,947
Deferred tax assets	78,607	74,566
Investment in equity affiliates	852	836
Intangible assets, net	173,472	177,087
Goodwill	1,400,212	1,393,832		1,337,122
Contract cost assets	180,803	160,193
Other assets	202,557	155,159
Total assets	3,904,814	3,529,445
Current liabilities
Short-term borrowings	320,000	295,000
Current portion of long-term debt	34,016	33,483
Accounts payable	29,494	42,584
Income taxes payable	49,929	33,895
Accrued expenses and other current liabilities	536,048	571,350
Operating leases liability	42,294
Total current liabilities	1,011,781	976,312
Long-term debt, less current portion	966,873	975,645
Operating leases liability	251,712
Deferred tax liabilities	8,409	8,080
Other liabilities	170,870	165,226
Total liabilities	2,409,645	2,125,263
Redeemable non-controlling interest				4,750
Shareholders' equity	1,495,169	1,404,182	1,365,997	1,424,044
Commitments and contingencies
Total liabilities and equity	3,904,814	3,529,445
Eliminations
Current assets
Accounts receivable intercompany, net	(98,833)	(89,958)
Intercompany loans	(2,543,168)	(2,284,486)
Intercompany other receivable	(234,195)	(203,544)
Total current assets	(2,876,196)	(2,577,988)
Intercompany loans	(600,000)	(600,000)
Investment in subsidiaries	(4,315,162)	(4,179,210)
Investment in debentures/bonds, intercompany	(730,361)	(622,312)
Intercompany other receivable	(61,317)	(83,169)
Total assets	(8,583,036)	(8,062,679)
Current liabilities
Intercompany loans	(2,543,168)	(2,284,486)
Intercompany accounts payable	(98,833)	(89,958)
Intercompany other payable	(234,195)	(203,544)
Total current liabilities	(2,876,196)	(2,577,988)
Intercompany other payable	(61,317)	(83,169)
Non-current intercompany loans payable	(1,330,361)	(1,222,312)
Total liabilities	(4,267,874)	(3,883,469)
Shareholders' equity	(4,315,162)	(4,179,210)
Commitments and contingencies
Total liabilities and equity	(8,583,036)	(8,062,679)
Issuer/Subsidiary | Reportable Legal Entities
Current assets
Cash and cash equivalents	20,432	12,797	8,562	4,507
Accounts receivable intercompany, net	98,833	89,958
Intercompany loans	557,213	447,578
Intercompany other receivable	22,859	33,224
Prepaid expenses and other current assets	1,368	2,242
Total current assets	700,705	585,799
Property, plant and equipment, net	388	388
Intercompany loans	100,000	100,000
Deferred tax assets	0
Investment in subsidiaries	560,371	548,654
Investment in equity affiliates	0
Investment in debentures/bonds, intercompany	576,868	571,919
Other assets	592	682
Total assets	1,938,924	1,807,442
Current liabilities
Short-term borrowings	100,000	100,000
Intercompany loans	225,518	128,572
Current portion of long-term debt	4,961	4,961
Accounts payable	58	1,636
Intercompany other payable	49,430	47,844
Accrued expenses and other current liabilities	10,345	5,248
Total current liabilities	390,312	288,261
Long-term debt, less current portion	439,554	440,665
Non-current intercompany loans payable	500,000	500,000
Other liabilities	204	197
Total liabilities	1,330,070	1,229,123
Shareholders' equity	608,854	578,319
Commitments and contingencies
Total liabilities and equity	1,938,924	1,807,442
Parent/Guarantor | Reportable Legal Entities
Current assets
Cash and cash equivalents	1,853	2,505	11,206	2,136
Intercompany loans	3,300	1,300
Intercompany other receivable	85,209	52,783
Prepaid expenses and other current assets	2,976	1,278
Total current assets	93,338	57,866
Investment in subsidiaries	3,172,298	3,073,467
Investment in debentures/bonds, intercompany	153,493	50,393
Intercompany other receivable	61,317	83,169
Total assets	3,480,446	3,264,895
Current liabilities
Intercompany loans	1,965,637	1,849,537
Accounts payable	95	520
Intercompany other payable	79,813	70,973
Accrued expenses and other current liabilities	5,270	5,157
Total current liabilities	2,050,815	1,926,187
Other liabilities	93	154
Total liabilities	2,050,908	1,926,341
Shareholders' equity	1,429,538	1,338,554
Commitments and contingencies
Total liabilities and equity	3,480,446	3,264,895
Issuer/Subsidiary | Reportable Legal Entities
Current assets
Cash and cash equivalents	303,092	353,094	$ 404,458	$ 497,825
Accounts receivable, net	838,992	774,184
Intercompany loans	1,982,655	1,835,608
Intercompany other receivable	126,127	117,537
Prepaid expenses and other current assets	225,831	208,957
Total current assets	3,476,697	3,289,380
Property, plant and equipment, net	206,432	212,327
Operating lease right-of-use assets	266,947
Intercompany loans	500,000	500,000
Deferred tax assets	78,607	74,566
Investment in subsidiaries	582,493	557,089
Investment in equity affiliates	852	836
Intangible assets, net	173,472	177,087
Goodwill	1,400,212	1,393,832
Contract cost assets	180,803	160,193
Other assets	201,965	154,477
Total assets	7,068,480	6,519,787
Current liabilities
Short-term borrowings	220,000	195,000
Intercompany loans	352,013	306,377
Current portion of long-term debt	29,055	28,522
Accounts payable	29,341	40,428
Intercompany accounts payable	98,833	89,958
Income taxes payable	49,929	33,895
Intercompany other payable	104,952	84,727
Accrued expenses and other current liabilities	520,433	560,945
Operating leases liability	42,294
Total current liabilities	1,446,850	1,339,852
Long-term debt, less current portion	527,319	534,980
Operating leases liability	251,712
Deferred tax liabilities	8,409	8,080
Intercompany other payable	61,317	83,169
Non-current intercompany loans payable	830,361	722,312
Other liabilities	170,573	164,875
Total liabilities	3,296,541	2,853,268
Shareholders' equity	3,771,939	3,666,519
Commitments and contingencies
Total liabilities and equity	$ 7,068,480	$ 6,519,787

Guarantor Financial Informati_5

Guarantor Financial Information - Condensed Consolidating Statement of Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net revenues	$ 809,206	$ 688,912
Cost of revenue	519,137	444,324
Gross profit	290,069	244,588
Operating expenses:
Selling, general and administrative expenses	191,402	171,109
Amortization of acquired intangible assets	8,509	9,936
Other operating (income) expense, net	86	(218)
Income from operations	90,072	63,761
Foreign exchange gains (losses), net	(3,432)	4,798
Interest income (expense), net	(11,123)	(8,100)
Other income (expense), net	3,803	15,550
Income before equity-method investment activity, net and income tax expense	79,320	76,009
Gain (loss) on equity-method investment activity, net	4
Income before income tax expense	79,324	76,009
Income tax expense	18,483	12,075
Net income	60,841	63,934
Redeemable non-controlling interest, Net income (loss)		(761)
Net income attributable to Genpact Limited shareholders	60,841	64,695
Eliminations
Net revenues	(11,432)	(9,476)
Gross profit	(11,432)	(9,476)
Operating expenses:
Selling, general and administrative expenses	(11,432)	(9,542)
Income from operations		66
Income before equity-method investment activity, net and income tax expense		66
Gain (loss) on equity-method investment activity, net	(98,106)	(110,702)
Income before income tax expense	(98,106)	(110,636)
Net income	(98,106)	(110,636)
Net income attributable to Genpact Limited shareholders	(98,106)	(110,636)
Issuer/Subsidiary | Reportable Legal Entities
Net revenues	11,432	11,939
Gross profit	11,432	11,939
Operating expenses:
Selling, general and administrative expenses	2,926	1,623
Other operating (income) expense, net		17
Income from operations	8,506	10,299
Foreign exchange gains (losses), net	954	953
Interest income (expense), net	(5,341)	(3,489)
Intercompany interest income (expense), net	18,702	20,543
Other income (expense), net	(35)
Income before equity-method investment activity, net and income tax expense	22,786	28,306
Gain (loss) on equity-method investment activity, net	1,984	7,443
Income before income tax expense	24,770	35,749
Income tax expense	1,640	1,691
Net income	23,130	34,058
Net income attributable to Genpact Limited shareholders	23,130	34,058
Parent Company | Reportable Legal Entities
Cost of revenue	4,614
Gross profit	(4,614)
Operating expenses:
Selling, general and administrative expenses	4,335	1,492
Income from operations	(8,949)	(1,492)
Foreign exchange gains (losses), net	(23)	221
Intercompany interest income (expense), net	(5,167)	(3,235)
Income before equity-method investment activity, net and income tax expense	(14,139)	(4,506)
Gain (loss) on equity-method investment activity, net	74,980	69,201
Income before income tax expense	60,841	64,695
Net income	60,841	64,695
Net income attributable to Genpact Limited shareholders	60,841	64,695
Non-Guarantor Subsidiaries | Reportable Legal Entities
Net revenues	809,206	686,449
Cost of revenue	514,523	444,324
Gross profit	294,683	242,125
Operating expenses:
Selling, general and administrative expenses	195,573	177,536
Amortization of acquired intangible assets	8,509	9,936
Other operating (income) expense, net	86	(235)
Income from operations	90,515	54,888
Foreign exchange gains (losses), net	(4,363)	3,624
Interest income (expense), net	(5,782)	(4,611)
Intercompany interest income (expense), net	(13,535)	(17,308)
Other income (expense), net	3,838	15,550
Income before equity-method investment activity, net and income tax expense	70,673	52,143
Gain (loss) on equity-method investment activity, net	21,146	34,058
Income before income tax expense	91,819	86,201
Income tax expense	16,843	10,384
Net income	74,976	75,817
Redeemable non-controlling interest, Net income (loss)		(761)
Net income attributable to Genpact Limited shareholders	$ 74,976	$ 76,578

Guarantor Financial Informati_6

Guarantor Financial Information - Condensed Consolidating Statement of Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net income (loss)	$ 60,841	$ 64,695
Other comprehensive income:
Currency translation adjustments	10,491	(9,335)
Net income (loss) on cash flow hedging derivatives, net of taxes	13,156	(18,932)
Retirement benefits, net of taxes	210	513
Other comprehensive income (loss)	23,857	(27,754)
Comprehensive income (loss)	84,698	36,941
Redeemable non-controlling interest, Net income (loss)		(761)
Redeemable non-controlling interest, Other comprehensive income:
Redeemable non-controlling interest, Currency translation adjustments		(424)
Redeemable non-controlling interest, Other comprehensive income (loss)		(424)
Redeemable non-controlling interest, Comprehensive income (loss)		(1,185)
Eliminations
Net income (loss)	(98,106)	(110,636)
Other comprehensive income:
Currency translation adjustments	(10,583)	15,688
Net income (loss) on cash flow hedging derivatives, net of taxes	(12,848)	34,613
Retirement benefits, net of taxes	(222)	(593)
Other comprehensive income (loss)	(23,653)	49,708
Comprehensive income (loss)	(121,759)	(60,928)
Issuer/Subsidiary | Reportable Legal Entities
Net income (loss)	23,130	34,058
Other comprehensive income:
Currency translation adjustments	92	(6,353)
Net income (loss) on cash flow hedging derivatives, net of taxes	(308)	(15,681)
Retirement benefits, net of taxes	12	80
Other comprehensive income (loss)	(204)	(21,954)
Comprehensive income (loss)	22,926	12,104
Non-Guarantor Subsidiaries | Reportable Legal Entities
Net income (loss)	74,976	76,578
Other comprehensive income:
Currency translation adjustments	10,491	(9,335)
Net income (loss) on cash flow hedging derivatives, net of taxes	13,156	(18,932)
Retirement benefits, net of taxes	210	513
Other comprehensive income (loss)	23,857	(27,754)
Comprehensive income (loss)	98,833	48,824
Redeemable non-controlling interest, Net income (loss)		(761)
Parent Company | Reportable Legal Entities
Net income (loss)	60,841	64,695
Other comprehensive income:
Currency translation adjustments	10,491	(9,335)
Net income (loss) on cash flow hedging derivatives, net of taxes	13,156	(18,932)
Retirement benefits, net of taxes	210	513
Other comprehensive income (loss)	23,857	(27,754)
Comprehensive income (loss)	$ 84,698	$ 36,941

Guarantor Financial Informati_7

Guarantor Financial Information - Condensed Consolidating Cash Flow (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating activities
Net cash (used for) provided by operating activities	$ (5,416)	$ (27,322)
Investing activities
Purchase of property, plant and equipment	(14,072)	(18,706)
Payment for internally generated intangible assets (including intangibles under development)	(7,914)	(4,365)
Proceeds from sale of property, plant and equipment	1,478	144
Payment for business acquisitions, net of cash acquired	(6,305)
Payment for purchase of redeemable non-controlling interest		(4,730)
Net cash used for investing activities	(26,813)	(27,657)
Financing activities
Repayment of capital/finance lease obligations	(1,780)	(537)
Repayment of long-term debt	(8,500)	(10,000)
Proceeds from short-term borrowings	50,000	105,000
Repayment of short-term borrowings	(25,000)
Proceeds from issuance of common shares under stock-based compensation plans	4,599	4,202
Payment for net settlement of stock-based awards	(652)	(13,284)
Payment of earn-out/deferred consideration	(8,400)	(1,476)
Dividend paid	(16,119)	(14,408)
Payment for stock repurchased and retired		(95,984)
Payment for expenses related to stock repurchase		(60)
Net cash used for financing activities	(5,852)	(26,547)
Effect of exchange rate changes	(4,938)	1,284
Net increase (decrease) in cash and cash equivalents	(38,081)	(81,526)
Cash and cash equivalents at the beginning of the period	368,396	504,468
Cash and cash equivalents at the end of the period	325,377	424,226
Eliminations
Operating activities
Net cash (used for) provided by operating activities	258,682	103,540
Investing activities
Investment in subsidiaries		(66)
Payment for issuance of bonds, intercompany	103,100
Net cash used for investing activities	103,100	(66)
Financing activities
Proceeds from short-term borrowings		(130)
Proceeds from intercompany loans	(270,994)	(119,344)
Repayment of intercompany loans	12,312	16,000
Proceeds from issuance of bonds, intercompany	(103,100)
Net cash used for financing activities	(361,782)	(103,474)
Issuer/Subsidiary | Reportable Legal Entities
Operating activities
Net cash (used for) provided by operating activities	(80,873)	22,190
Investing activities
Investment in subsidiaries	(6,586)	(2,000)
Net cash used for investing activities	(6,586)	(2,000)
Financing activities
Repayment of long-term debt	(1,250)
Proceeds from short-term borrowings		130
Proceeds from intercompany loans	96,946
Repayment of intercompany loans		(16,000)
Net cash used for financing activities	95,696	(15,870)
Effect of exchange rate changes	(602)	(265)
Net increase (decrease) in cash and cash equivalents	8,237	4,320
Cash and cash equivalents at the beginning of the period	12,797	4,507
Cash and cash equivalents at the end of the period	20,432	8,562
Parent Company | Reportable Legal Entities
Operating activities
Net cash (used for) provided by operating activities	(1,480)	9,604
Investing activities
Investment in subsidiaries	0
Payment for issuance of bonds, intercompany	(103,100)
Net cash used for investing activities	(103,100)
Financing activities
Proceeds from intercompany loans	118,100	119,000
Repayment of intercompany loans	(2,000)
Proceeds from issuance of common shares under stock-based compensation plans	4,599	4,202
Payment for net settlement of stock-based awards	(652)	(13,284)
Dividend paid	(16,119)	(14,408)
Payment for stock repurchased and retired		(95,984)
Payment for expenses related to stock repurchase		(60)
Net cash used for financing activities	103,928	(534)
Net increase (decrease) in cash and cash equivalents	(652)	9,070
Cash and cash equivalents at the beginning of the period	2,505	2,136
Cash and cash equivalents at the end of the period	1,853	11,206
Non-Guarantor Subsidiaries | Reportable Legal Entities
Operating activities
Net cash (used for) provided by operating activities	(181,745)	(162,655)
Investing activities
Purchase of property, plant and equipment	(14,072)	(18,706)
Payment for internally generated intangible assets (including intangibles under development)	(7,914)	(4,365)
Proceeds from sale of property, plant and equipment	1,478	144
Investment in subsidiaries	6,586	2,066
Payment for business acquisitions, net of cash acquired	(6,305)
Payment for purchase of redeemable non-controlling interest		(4,730)
Net cash used for investing activities	(20,227)	(25,591)
Financing activities
Repayment of capital/finance lease obligations	(1,780)	(537)
Repayment of long-term debt	(7,250)	(10,000)
Proceeds from short-term borrowings	50,000	105,000
Repayment of short-term borrowings	(25,000)
Proceeds from intercompany loans	55,948	344
Repayment of intercompany loans	(10,312)
Payment of earn-out/deferred consideration	(8,400)	(1,476)
Proceeds from issuance of bonds, intercompany	103,100
Net cash used for financing activities	156,306	93,331
Effect of exchange rate changes	(4,336)	1,549
Net increase (decrease) in cash and cash equivalents	(45,666)	(94,916)
Cash and cash equivalents at the beginning of the period	353,094	497,825
Cash and cash equivalents at the end of the period	$ 303,092	$ 404,458