$EPAM
EPAM Systems, Inc.

2015 Q4 Form 10-Q Financial Statement

#000135201015000025 Filed on November 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $260.3M $236.0M $192.8M
YoY Change 28.72% 22.45% 37.54%
Cost Of Revenue $158.3M $148.5M $122.5M
YoY Change 30.32% 21.2% 38.37%
Gross Profit $102.0M $87.57M $70.26M
YoY Change 26.32% 24.65% 36.12%
Gross Profit Margin 39.18% 37.1% 36.45%
Selling, General & Admin $64.41M $55.43M $42.88M
YoY Change 29.45% 29.29% 53.71%
% of Gross Profit 63.17% 63.3% 61.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.900M $4.400M $5.600M
YoY Change 75.0% -21.43% 43.59%
% of Gross Profit 4.81% 5.02% 7.97%
Operating Expenses $64.41M $55.43M $42.88M
YoY Change 29.45% 29.29% 53.71%
Operating Profit $31.77M $27.78M $21.84M
YoY Change 32.27% 27.21% 7.93%
Interest Expense $3.000M $900.0K $500.0K
YoY Change 20.0% 80.0% 400.0%
% of Operating Profit 9.44% 3.24% 2.29%
Other Income/Expense, Net $0.00
YoY Change -100.0%
Pretax Income $34.73M $28.67M $22.38M
YoY Change 41.29% 28.13% 9.93%
Income Tax $7.095M $5.800M $3.338M
% Of Pretax Income 20.43% 20.23% 14.92%
Net Earnings $27.64M $22.87M $19.04M
YoY Change 50.02% 20.13% 15.84%
Net Earnings / Revenue 10.62% 9.69% 9.88%
Basic Earnings Per Share $0.56 $0.47 $0.40
Diluted Earnings Per Share $0.52 $0.44 $0.38
COMMON SHARES
Basic Shares Outstanding 49.97M shares 49.04M shares 47.32M shares
Diluted Shares Outstanding 52.34M shares 49.83M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $229.6M $244.4M $192.3M
YoY Change 4.13% 27.09% 56.34%
Cash & Equivalents $199.4M $214.4M $191.2M
Short-Term Investments $30.20M $30.00M $1.100M
Other Short-Term Assets $423.0K $22.30M $22.40M
YoY Change -73.89% -0.45% -19.42%
Inventory
Prepaid Expenses $4.693M
Receivables $174.6M $125.7M $113.9M
Other Receivables $2.700M $2.800M $2.300M
Total Short-Term Assets $528.9M $500.1M $401.9M
YoY Change 27.43% 24.41% 31.7%
LONG-TERM ASSETS
Property, Plant & Equipment $60.50M $60.55M $54.67M
YoY Change 9.73% 10.77% 1.04%
Goodwill $115.9M $84.23M $39.06M
YoY Change 101.91% 115.67%
Intangibles $46.86M $37.18M $46.28M
YoY Change -1.74% -19.67%
Long-Term Investments
YoY Change
Other Assets $4.113M $3.341M $3.747M
YoY Change 22.12% -10.84% -59.71%
Total Long-Term Assets $249.6M $203.7M $163.1M
YoY Change 39.49% 24.88% 62.6%
TOTAL ASSETS
Total Short-Term Assets $528.9M $500.1M $401.9M
Total Long-Term Assets $249.6M $203.7M $163.1M
Total Assets $778.5M $703.7M $565.0M
YoY Change 31.06% 24.55% 39.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.576M $12.06M $6.027M
YoY Change -44.49% 100.12% -26.5%
Accrued Expenses $60.75M $42.49M $31.67M
YoY Change 88.64% 34.18% 255.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $127.9M $112.4M $84.07M
YoY Change 1.99% 33.66% 61.36%
LONG-TERM LIABILITIES
Long-Term Debt $35.00M $15.00M $0.00
YoY Change
Other Long-Term Liabilities $2.402M $31.67M
YoY Change 2162.29%
Total Long-Term Liabilities $2.402M $15.00M $31.67M
YoY Change -52.64% 2162.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.9M $112.4M $84.07M
Total Long-Term Liabilities $2.402M $15.00M $31.67M
Total Liabilities $165.3M $130.9M $119.3M
YoY Change 27.19% 9.66% 121.39%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $49.00K $49.00K $48.00K
YoY Change 2.08% 2.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $93.00K $80.00K $6.500M
YoY Change -97.7% -98.77%
Treasury Stock Shares
Shareholders Equity $613.2M $572.9M $445.7M
YoY Change
Total Liabilities & Shareholders Equity $778.5M $703.7M $565.0M
YoY Change 31.06% 24.55% 39.34%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $27.64M $22.87M $19.04M
YoY Change 50.02% 20.13% 15.84%
Depreciation, Depletion And Amortization $4.900M $4.400M $5.600M
YoY Change 75.0% -21.43% 43.59%
Cash From Operating Activities $11.80M $55.60M $23.20M
YoY Change -75.77% 139.66% 48.72%
INVESTING ACTIVITIES
Capital Expenditures -$3.800M -$5.300M -$5.000M
YoY Change -7.32% 6.0% 13.64%
Acquisitions
YoY Change
Other Investing Activities -$48.50M -$28.40M -$200.0K
YoY Change 366.35% 14100.0% -50.0%
Cash From Investing Activities -$52.30M -$33.70M -$5.200M
YoY Change 260.69% 548.08% 6.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.30M 19.40M 1.800M
YoY Change 3044.44% 977.78% -56.1%
NET CHANGE
Cash From Operating Activities 11.80M 55.60M 23.20M
Cash From Investing Activities -52.30M -33.70M -5.200M
Cash From Financing Activities 28.30M 19.40M 1.800M
Net Change In Cash -12.20M 41.30M 19.80M
YoY Change -134.76% 108.59% 33.78%
FREE CASH FLOW
Cash From Operating Activities $11.80M $55.60M $23.20M
Capital Expenditures -$3.800M -$5.300M -$5.000M
Free Cash Flow $15.60M $60.90M $28.20M
YoY Change -70.45% 115.96% 41.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
EPAM Systems, Inc.
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2551000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3118000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0 USD
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0 USD
dei Trading Symbol
TradingSymbol
EPAM
CY2014Q3 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
19040000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0 USD
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001352010
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0 USD
epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
51218000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
49971442 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015Q3 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
22873000 USD
epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
56818000 USD
CY2014Q3 epam One Time Charges
OneTimeCharges
0 USD
epam One Time Charges
OneTimeCharges
2000000 USD
CY2015Q3 epam One Time Charges
OneTimeCharges
0 USD
epam One Time Charges
OneTimeCharges
0 USD
epam Payments To Acquire Businesses Deferred
PaymentsToAcquireBusinessesDeferred
0 USD
epam Payments To Acquire Businesses Deferred
PaymentsToAcquireBusinessesDeferred
30274000 USD
epam Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodTotalIntrinsicValue
7054000 USD
epam Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValue
27346000 USD
CY2015Q3 epam Sharebased Compensation Arrangementby Sharebased Payment Award Options Underlying Options Exercisedin Transferwith Transfer Agent
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsUnderlyingOptionsExercisedinTransferwithTransferAgent
5015 shares
CY2014Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
2434000 USD
CY2015Q3 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
2760000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4641000 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
12061000 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
124483000 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
125683000 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
32203000 USD
CY2015Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42487000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-22054000 USD
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29451000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
229501000 USD
CY2015Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
284938000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2181000 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2216000 USD
CY2014Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
0 USD
CY2015Q3 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
0 USD
CY2014Q4 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
0 USD
CY2015Q3 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
0 USD
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2691000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2152000 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2143000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1456000 shares
CY2014Q4 us-gaap Assets
Assets
594026000 USD
CY2015Q3 us-gaap Assets
Assets
703728000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
415087000 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
500060000 USD
CY2014Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
35524000 USD
CY2015Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
169207000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
191246000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
220534000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
214443000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
22039000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6091000 USD
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
49857284 shares
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48748298 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48303811 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
49848259 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
48000 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
49000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10780000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42275000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14532000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
49421000 USD
CY2014Q3 us-gaap Cost Of Revenue
CostOfRevenue
122509000 USD
us-gaap Cost Of Revenue
CostOfRevenue
335065000 USD
CY2015Q3 us-gaap Cost Of Revenue
CostOfRevenue
148479000 USD
us-gaap Cost Of Revenue
CostOfRevenue
408622000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
275000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
535000 USD
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
3220000 USD
CY2015Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2345000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
2496000 USD
CY2015Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
2109000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
11094000 USD
CY2015Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
14006000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
603000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
408000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4563000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3492000 USD
CY2014Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
156000 USD
CY2015Q3 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
187000 USD
CY2014Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5510000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
14650000 USD
CY2015Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4393000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12496000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14650000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12496000 USD
CY2014Q4 us-gaap Due To Employees Current
DueToEmployeesCurrent
24518000 USD
CY2015Q3 us-gaap Due To Employees Current
DueToEmployeesCurrent
28666000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5081000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2921000 USD
CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.149
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.179
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.202
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.204
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2551000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3118000 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
0 USD
CY2014Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-718000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3198000 USD
CY2015Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
32000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6187000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
57417000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
84229000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-2695000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
22378000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
62371000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28673000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
71337000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3338000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11153000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14519000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
1200000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-264000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8128000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18126000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3575000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
6346000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
10844000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
5035000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-8799000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2067000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-607000 USD
us-gaap Increase Decrease In Due To Employees Current
IncreaseDecreaseInDueToEmployeesCurrent
7121000 USD
us-gaap Increase Decrease In Due To Employees Current
IncreaseDecreaseInDueToEmployeesCurrent
4295000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
499000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
988000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-525000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-29000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
-307000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
29947000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
26070000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
49110000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
2514000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
2472000 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3301000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3249000 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
47689000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
37176000 USD
CY2014Q3 us-gaap Investment Income Net
InvestmentIncomeNet
1261000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
3401000 USD
CY2015Q3 us-gaap Investment Income Net
InvestmentIncomeNet
865000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
3322000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
129976000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
130860000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
594026000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
703728000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
125413000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
112368000 USD
CY2015Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
0 USD
CY2015Q3 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
0 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
0 USD
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
15000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9359000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5451000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38408000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-73175000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
56169000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
64554000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
19040000 USD
us-gaap Net Income Loss
NetIncomeLoss
51218000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
22873000 USD
us-gaap Net Income Loss
NetIncomeLoss
56818000 USD
CY2014Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
4081000 USD
CY2015Q3 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
4177000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
21835000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
62168000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
27776000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
74202000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3368000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3341000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-8260000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-8943000 USD
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-8341000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-7397000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2607000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2358000 USD
CY2014Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-35000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2055000 USD
CY2015Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
30000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-210000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
3541000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
4671000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1316000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1993000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
26498000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
27654000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8164000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9533000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9289000 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
20205000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1303000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1611000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
15000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6808000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17607000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55134000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
60552000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
946000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
910000 USD
CY2014Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
260598000 USD
CY2015Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
317412000 USD
CY2014Q3 us-gaap Revenues
Revenues
192764000 USD
us-gaap Revenues
Revenues
527843000 USD
CY2015Q3 us-gaap Revenues
Revenues
236049000 USD
us-gaap Revenues
Revenues
653875000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
192764000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
527843000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
236049000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
653875000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42875000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
113905000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
55431000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
158345000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
7425000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
16524000 USD
CY2015Q3 us-gaap Share Based Compensation
ShareBasedCompensation
11963000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
33350000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2753236 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.08
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
63252000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
171222 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2189424 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
183073000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
323191000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6838746 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7770882 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.98
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.93
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
4634538 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
42.26
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
149510000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
16.28
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
33.32
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
62.03
CY2015Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
163652000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1086066 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
464050000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
572868000 USD
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
24704000 USD
CY2015Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
26401000 USD
CY2014Q4 us-gaap Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
0 USD
CY2015Q3 us-gaap Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
30000000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
4043000 USD
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
80000 USD
CY2014Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
55851000 USD
CY2015Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
104860000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49829000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49530000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52344000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51755000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47315000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47058000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49043000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48506000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of these condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in these condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates, and such differences may be material to the condensed consolidated financial statements. Additionally, operating results for the interim periods are not necessarily indicative of results that may be expected to occur for the entire year.</font></div></div>

Files In Submission

Name View Source Status
0001352010-15-000025-index-headers.html Edgar Link pending
0001352010-15-000025-index.html Edgar Link pending
0001352010-15-000025.txt Edgar Link pending
0001352010-15-000025-xbrl.zip Edgar Link pending
epam-20150929.xml Edgar Link completed
epam-20150929.xsd Edgar Link pending
epam-20150929_cal.xml Edgar Link unprocessable
epam-20150929_def.xml Edgar Link unprocessable
epam-20150929_lab.xml Edgar Link unprocessable
epam-20150929_pre.xml Edgar Link unprocessable
epam-2015930x10q.htm Edgar Link pending
exhibit311q32015.htm Edgar Link pending
exhibit312q32015.htm Edgar Link pending
exhibit321q32015.htm Edgar Link pending
exhibit322q32015.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending