$EPAM
EPAM Systems, Inc.

2019 Q4 Form 10-Q Financial Statement

#000135201019000035 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $632.8M $588.1M $504.9M
YoY Change 25.32% 25.61% 26.45%
Cost Of Revenue $410.1M $377.5M $319.0M
YoY Change 28.54% 25.39% 25.54%
Gross Profit $222.7M $210.6M $185.9M
YoY Change 19.8% 26.02% 28.05%
Gross Profit Margin 35.2% 35.81% 36.82%
Selling, General & Admin $125.0M $118.9M $97.45M
YoY Change 28.27% 27.52% 14.07%
% of Gross Profit 56.13% 56.46% 52.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.90M $11.20M $10.10M
YoY Change 27.72% 19.15% 31.17%
% of Gross Profit 5.79% 5.32% 5.43%
Operating Expenses $125.0M $118.9M $97.45M
YoY Change 28.27% 27.52% 14.07%
Operating Profit $84.75M $80.57M $78.27M
YoY Change 8.27% 24.79% 50.37%
Interest Expense $100.0K -$600.0K $500.0K
YoY Change -80.0% -142.86%
% of Operating Profit 0.12% -0.74% 0.64%
Other Income/Expense, Net
YoY Change
Pretax Income $84.80M $79.97M $78.77M
YoY Change 7.65% 21.19% 51.25%
Income Tax $10.27M $12.97M $18.80M
% Of Pretax Income 12.11% 16.22% 23.87%
Net Earnings $74.52M $67.00M $59.97M
YoY Change 24.28% 2.11% -294.22%
Net Earnings / Revenue 11.78% 11.39% 11.88%
Basic Earnings Per Share $1.35 $1.22 $1.11
Diluted Earnings Per Share $1.29 $1.16 $1.05
COMMON SHARES
Basic Shares Outstanding 54.98M shares 54.88M shares 54.01M shares
Diluted Shares Outstanding 57.84M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $936.6M $853.2M $770.6M
YoY Change 21.54% 24.54% 32.27%
Cash & Equivalents $936.6M $853.2M $770.6M
Short-Term Investments
Other Short-Term Assets $39.90M $29.40M $26.20M
YoY Change 52.29% -0.68% 415.24%
Inventory
Prepaid Expenses
Receivables $497.7M $339.1M $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.474B $1.365B $1.199B
YoY Change 22.95% 20.88% 24.9%
LONG-TERM ASSETS
Property, Plant & Equipment $165.3M $115.3M $102.6M
YoY Change 61.0% 15.94% 18.78%
Goodwill $195.0M $186.3M $166.8M
YoY Change 16.91% 28.49% 39.57%
Intangibles $56.26M $56.54M $57.07M
YoY Change -1.41% 7.34% 28.2%
Long-Term Investments
YoY Change
Other Assets $39.43M $35.10M $16.21M
YoY Change 143.29% 142.09% 9.6%
Total Long-Term Assets $770.0M $675.5M $412.7M
YoY Change 86.56% 80.14% 42.21%
TOTAL ASSETS
Total Short-Term Assets $1.474B $1.365B $1.199B
Total Long-Term Assets $770.0M $675.5M $412.7M
Total Assets $2.244B $2.040B $1.612B
YoY Change 39.24% 35.65% 28.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.831M $6.896M $7.444M
YoY Change 5.2% -18.12% 33.55%
Accrued Expenses $360.7M $128.6M $127.9M
YoY Change 181.94% 30.67% 42.45%
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 $386.9M $311.5M $262.8M
YoY Change 47.22% 40.95% 45.24%
LONG-TERM LIABILITIES
Long-Term Debt $25.07M $25.00M $25.00M
YoY Change 0.3% 0.0% 0.0%
Other Long-Term Liabilities $9.315M $13.86M $17.66M
YoY Change -47.26% 17.4% 87.19%
Total Long-Term Liabilities $34.39M $13.86M $17.66M
YoY Change 94.72% 17.4% 87.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $386.9M $311.5M $262.8M
Total Long-Term Liabilities $34.39M $13.86M $17.66M
Total Liabilities $648.1M $548.0M $349.2M
YoY Change 85.58% 77.91% 26.84%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $55.00K $55.00K $54.00K
YoY Change 1.85% 1.85% 1.89%
Preferred Stock
YoY Change
Treasury Stock (at cost) $177.0K $177.0K $177.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $1.596B $1.492B $1.263B
YoY Change
Total Liabilities & Shareholders Equity $2.244B $2.040B $1.612B
YoY Change 39.24% 35.65% 28.92%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $74.52M $67.00M $59.97M
YoY Change 24.28% 2.11% -294.22%
Depreciation, Depletion And Amortization $12.90M $11.20M $10.10M
YoY Change 27.72% 19.15% 31.17%
Cash From Operating Activities $124.6M $119.1M $123.1M
YoY Change 1.22% 16.42% 72.89%
INVESTING ACTIVITIES
Capital Expenditures -$47.00M -$27.30M -$10.10M
YoY Change 365.35% 232.93% -21.71%
Acquisitions
YoY Change
Other Investing Activities -$10.80M -$12.90M -$24.10M
YoY Change -55.19% 821.43% -2777.78%
Cash From Investing Activities -$57.80M -$40.20M -$34.30M
YoY Change 68.51% 323.16% 183.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.300M 4.900M 2.100M
YoY Change 247.62% -47.31% -77.89%
NET CHANGE
Cash From Operating Activities 124.6M 119.1M 123.1M
Cash From Investing Activities -57.80M -40.20M -34.30M
Cash From Financing Activities 7.300M 4.900M 2.100M
Net Change In Cash 74.10M 83.80M 90.90M
YoY Change -18.48% -17.92% 32.51%
FREE CASH FLOW
Cash From Operating Activities $124.6M $119.1M $123.1M
Capital Expenditures -$47.00M -$27.30M -$10.10M
Free Cash Flow $171.6M $146.4M $133.2M
YoY Change 28.83% 32.49% 58.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13858000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17661000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
548046000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
55000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
54000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-43591000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41514000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1492117000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1262596000 USD
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
589764000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD
CY2019Q3 us-gaap Cost Of Revenue
CostOfRevenue
377525000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
544700000 USD
CY2019Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
946066000 USD
CY2018Q3 us-gaap Cost Of Revenue
CostOfRevenue
301081000 USD
CY2018Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
759533000 USD
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
177000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
177000 USD
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2018Q4 us-gaap Liabilities
Liabilities
349206000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Central Index Key
EntityCentralIndexKey
0001352010
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
54984738 shares
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1557000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1519000 USD
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54099927 shares
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54968833 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54080192 shares
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54949098 shares
us-gaap Lessee Operating Lease Existence Of Residual Value Guarantee
LesseeOperatingLeaseExistenceOfResidualValueGuarantee
false
us-gaap Lessee Operating Lease Restriction Or Covenant
LesseeOperatingLeaseRestrictionOrCovenant
There were no lease agreements that contained material restrictive covenants
us-gaap Related Party Transaction Description Of Transaction
RelatedPartyTransactionDescriptionOfTransaction
There were no lease agreements signed with related parties
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-35418
dei Entity Registrant Name
EntityRegistrantName
EPAM SYSTEMS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
22-3536104
dei Entity Address Address Line1
EntityAddressAddressLine1
41 University Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 202
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
18940
dei Entity Address City Or Town
EntityAddressCityOrTown
Newtown
dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
dei City Area Code
CityAreaCode
267
dei Local Phone Number
LocalPhoneNumber
759-9000
dei Security12b Title
Security12bTitle
Common Stock, par value $0.001 per share
dei Trading Symbol
TradingSymbol
EPAM
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
262829000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
25000000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
25031000 USD
CY2019Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
43738000 USD
CY2018Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
43685000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
153980000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2040163000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1611802000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
853241000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
770560000 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
339112000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
297685000 USD
CY2019Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
142949000 USD
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
104652000 USD
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
29390000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
26171000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
1364692000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
1199068000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
115321000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102646000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
207145000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
56537000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
57065000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
186299000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
166832000 USD
CY2019Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
75071000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
69983000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
35098000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16208000 USD
CY2019Q3 us-gaap Assets
Assets
2040163000 USD
CY2018Q4 us-gaap Assets
Assets
1611802000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
6896000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
7444000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
128639000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
127937000 USD
CY2019Q3 us-gaap Due To Employees Current
DueToEmployeesCurrent
63536000 USD
CY2018Q4 us-gaap Due To Employees Current
DueToEmployeesCurrent
49683000 USD
CY2019Q3 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
13427000 USD
CY2018Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
9920000 USD
CY2019Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
47548000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
67845000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51424000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
311470000 USD
us-gaap Cost Of Revenue
CostOfRevenue
1078129000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
65618000 USD
us-gaap Net Income Loss
NetIncomeLoss
186533000 USD
us-gaap Cost Of Revenue
CostOfRevenue
867890000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
118886000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
93226000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
332434000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
276140000 USD
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11127000 USD
CY2018Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9319000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
32355000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
26457000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
80565000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
64560000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
218105000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
167494000 USD
CY2019Q3 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2509000 USD
CY2018Q3 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
1941000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
6775000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2442000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3105000 USD
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-514000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10151000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1069000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
79969000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
65987000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
214729000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
171005000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12967000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
369000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28196000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9286000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
67002000 USD
us-gaap Net Income Loss
NetIncomeLoss
180291000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-10114000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2118000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-4551000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-14643000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2163000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-74000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2474000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2081000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
54725000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
63426000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
184456000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
163567000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.37
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.19
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54877666 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53851865 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54603903 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53485339 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57844355 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56962867 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57567339 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56599638 shares
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1262596000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
13483000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10425000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11890000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2943000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3100000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
60754000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1338225000 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
363000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10867000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10584000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2620000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
58777000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1537000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1422247000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1422247000 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1090000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9909000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6326000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10114000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2163000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
67002000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1492117000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
974947000 USD
CY2018Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
6986000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11485000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7649000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3309000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
69000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
64418000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1055348000 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
224000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10686000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
14648000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15834000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2076000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
50255000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1112803000 USD
CY2018Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
349000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10494000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
9561000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2118000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-74000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
65618000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1195935000 USD
us-gaap Net Income Loss
NetIncomeLoss
186533000 USD
us-gaap Net Income Loss
NetIncomeLoss
180291000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32355000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26457000 USD
epam Non Cash Lease Expense
NonCashLeaseExpense
40203000 USD
epam Non Cash Lease Expense
NonCashLeaseExpense
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
133000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1765000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3105000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-36372000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
53024000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
46736000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7522000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3434000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
40753000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16258000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
37080000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
41544000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-237000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1765000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1844000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1574000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3092000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
9625000 USD
epam Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-39230000 USD
epam Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
0 USD
us-gaap Increase Decrease In Due To Employees Current
IncreaseDecreaseInDueToEmployeesCurrent
-5627000 USD
us-gaap Increase Decrease In Due To Employees Current
IncreaseDecreaseInDueToEmployeesCurrent
4009000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-26410000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-1996000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
162866000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
169088000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52295000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27465000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
28655000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
50264000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6632000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
104000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87582000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-77833000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28798000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
32007000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14521000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7068000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
7000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
3485000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1104000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-19000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-603000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13147000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20851000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5753000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-8660000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
82678000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
103446000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
771711000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
582855000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
854389000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
686301000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
853241000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
770560000 USD
CY2019Q3 us-gaap Restricted Cash
RestrictedCash
1148000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
1151000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
854389000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
771711000 USD
us-gaap Use Of Estimates
UseOfEstimates
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. Operating results for the interim periods are not necessarily indicative of results that may be expected to occur for the entire year. In management’s opinion, all adjustments considered necessary for a fair presentation of the accompanying unaudited condensed consolidated financial statements have been included, and all adjustments are of a normal and recurring nature.
CY2018Q4 us-gaap Goodwill
Goodwill
166832000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1865000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
186299000 USD
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
The Company records changes in the fair value of its cash flow hedges in accumulated other comprehensive loss in the consolidated balance sheets until the forecasted transaction occurs. When the forecasted transaction occurs, the Company reclassifies the related gain or loss on the cash flow hedge to cost of revenues (exclusive of depreciation and amortization). In the event the underlying forecasted transaction does not occur, or it becomes probable that it will not occur, the Company reclassifies the gain or loss on the related cash flow hedge into income.
us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
If the Company does not elect hedge accounting, or the contract does not qualify for hedge accounting treatment, the changes in fair value from period to period are recorded in income.
CY2019Q3 us-gaap Lease Cost
LeaseCost
19070000 USD
us-gaap Lease Cost
LeaseCost
53053000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
14709000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
43510000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14251000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
67798000 USD
CY2019Q3 epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
3233000 USD
epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
6383000 USD
CY2019Q3 epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
3199000 USD
epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
6451000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15442000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
55258000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
44896000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
28396000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
20915000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
63793000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
228700000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
23295000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
205405000 USD
CY2019Q3 us-gaap Other Commitment
OtherCommitment
69683000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD
CY2019Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
4915000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
7039000 USD
CY2018Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
3610000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
6627000 USD
CY2019Q3 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
24870000 USD
CY2018Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
13522000 USD
us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
Contract liabilities comprise amounts collected from the Company’s customers for revenues not yet earned. Such amounts are anticipated to be recorded as revenues when services are performed in subsequent periods.
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
140000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3801000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15471000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15330000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
53024000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
46736000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
65618000 USD
us-gaap Net Income Loss
NetIncomeLoss
186533000 USD
us-gaap Net Income Loss
NetIncomeLoss
180291000 USD
CY2019Q3 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
67002000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.162
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.006
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.131
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.054
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4228000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6067000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
20482000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
16197000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-252000 USD
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
25088000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
67002000 USD
CY2018Q3 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
65618000 USD
epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
186533000 USD
epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
180291000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54877666 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53851865 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54603903 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53485339 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2966689 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3111002 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2963436 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3114299 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57844355 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56962867 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57567339 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56599638 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.37
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.19
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
143617 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
112757 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
157316 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
121896 shares
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
80565000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
64560000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
218105000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
167494000 USD
CY2019Q3 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2509000 USD
CY2018Q3 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
1941000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
6775000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2442000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3105000 USD
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-514000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10151000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1069000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
79969000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
65987000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
214729000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
171005000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
115321000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102646000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588103000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1661023000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1337981000 USD

Files In Submission

Name View Source Status
0001352010-19-000035-index-headers.html Edgar Link pending
0001352010-19-000035-index.html Edgar Link pending
0001352010-19-000035.txt Edgar Link pending
0001352010-19-000035-xbrl.zip Edgar Link pending
epam-20190930.xsd Edgar Link pending
epam-20190930_cal.xml Edgar Link unprocessable
epam-20190930_def.xml Edgar Link unprocessable
epam-20190930_lab.xml Edgar Link unprocessable
epam-20190930_pre.xml Edgar Link unprocessable
epam-2019930x10q.htm Edgar Link pending
epam-2019930x10q_htm.xml Edgar Link completed
exhibit311q32019.htm Edgar Link pending
exhibit312q32019.htm Edgar Link pending
exhibit321q32019.htm Edgar Link pending
exhibit322q32019.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.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