2020 Q4 Form 10-K Financial Statement

#000135201021000010 Filed on February 25, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $723.5M $2.659B $632.8M
YoY Change 14.34% 15.94% 25.32%
Cost Of Revenue $465.8M $1.733B $410.1M
YoY Change 13.59% 16.42% 28.54%
Gross Profit $257.7M $927.0M $222.7M
YoY Change 15.71% 15.06% 19.8%
Gross Profit Margin 35.62% 34.85% 35.2%
Selling, General & Admin $128.9M $484.8M $125.0M
YoY Change 3.14% 5.97% 28.27%
% of Gross Profit 50.03% 52.3% 56.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.80M $50.50M $12.90M
YoY Change 30.23% 11.44% 27.72%
% of Gross Profit 6.52% 5.45% 5.79%
Operating Expenses $128.9M $484.8M $125.0M
YoY Change 3.14% 5.97% 28.27%
Operating Profit $112.0M $379.3M $84.75M
YoY Change 32.15% 25.25% 8.27%
Interest Expense -$10.00M -$800.0K $100.0K
YoY Change -10100.0% -75.76% -80.0%
% of Operating Profit -8.93% -0.21% 0.12%
Other Income/Expense, Net
YoY Change
Pretax Income $102.0M $378.5M $84.80M
YoY Change 20.31% 26.36% 7.65%
Income Tax $16.48M $51.32M $10.27M
% Of Pretax Income 16.15% 13.56% 12.11%
Net Earnings $85.54M $327.2M $74.52M
YoY Change 14.78% 25.32% 24.28%
Net Earnings / Revenue 11.82% 12.3% 11.78%
Basic Earnings Per Share $1.53 $5.87 $1.35
Diluted Earnings Per Share $1.46 $5.60 $1.29
COMMON SHARES
Basic Shares Outstanding 55.99M shares 55.73M shares 54.98M shares
Diluted Shares Outstanding 58.45M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.382B $1.382B $936.6M
YoY Change 47.58% 47.58% 21.54%
Cash & Equivalents $1.322B $1.322B $936.6M
Short-Term Investments $60.00M $60.00M
Other Short-Term Assets $29.60M $29.60M $39.90M
YoY Change -25.81% -25.81% 52.29%
Inventory
Prepaid Expenses
Receivables $501.1M $501.1M $497.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.913B $1.913B $1.474B
YoY Change 29.75% 29.75% 22.95%
LONG-TERM ASSETS
Property, Plant & Equipment $169.5M $398.2M $165.3M
YoY Change 2.59% -1.51% 61.0%
Goodwill $212.0M $195.0M
YoY Change 8.67% 16.91%
Intangibles $51.98M $56.26M
YoY Change -7.61% -1.41%
Long-Term Investments
YoY Change
Other Assets $53.96M $146.4M $39.43M
YoY Change 36.84% 27.97% 143.29%
Total Long-Term Assets $808.6M $808.5M $770.0M
YoY Change 5.01% 5.0% 86.56%
TOTAL ASSETS
Total Short-Term Assets $1.913B $1.913B $1.474B
Total Long-Term Assets $808.6M $808.5M $770.0M
Total Assets $2.721B $2.721B $2.244B
YoY Change 21.26% 21.26% 39.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.19M $10.20M $7.831M
YoY Change 30.11% 30.77% 5.2%
Accrued Expenses $417.8M $399.3M $360.7M
YoY Change 15.83% 16.93% 181.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $466.0M $466.0M $386.9M
YoY Change 20.42% 20.44% 47.22%
LONG-TERM LIABILITIES
Long-Term Debt $25.04M $25.00M $25.07M
YoY Change -0.14% -0.4% 0.3%
Other Long-Term Liabilities $23.27M $247.3M $9.315M
YoY Change 149.86% 4.79% -47.26%
Total Long-Term Liabilities $48.31M $272.3M $34.39M
YoY Change 40.49% 4.29% 94.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $466.0M $466.0M $386.9M
Total Long-Term Liabilities $48.31M $272.3M $34.39M
Total Liabilities $738.3M $738.3M $648.1M
YoY Change 13.93% 13.92% 85.58%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $56.00K $55.00K
YoY Change 1.82% 1.85%
Preferred Stock
YoY Change
Treasury Stock (at cost) $177.0K $177.0K
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $1.983B $1.983B $1.596B
YoY Change
Total Liabilities & Shareholders Equity $2.721B $2.721B $2.244B
YoY Change 21.26% 21.26% 39.24%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $85.54M $327.2M $74.52M
YoY Change 14.78% 25.32% 24.28%
Depreciation, Depletion And Amortization $16.80M $50.50M $12.90M
YoY Change 30.23% 11.44% 27.72%
Cash From Operating Activities $159.4M $544.4M $124.6M
YoY Change 27.93% 89.39% 1.22%
INVESTING ACTIVITIES
Capital Expenditures -$18.50M $68.79M -$47.00M
YoY Change -60.64% -30.73% 365.35%
Acquisitions $18.89M
YoY Change -51.97%
Other Investing Activities $500.0K -$1.018M -$10.80M
YoY Change -104.63% -158.54% -55.19%
Cash From Investing Activities -$18.00M -$167.2M -$57.80M
YoY Change -68.86% 14.99% 68.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 300.0K -$765.0K 7.300M
YoY Change -95.89% -103.76% 247.62%
NET CHANGE
Cash From Operating Activities 159.4M $544.4M 124.6M
Cash From Investing Activities -18.00M -$167.2M -57.80M
Cash From Financing Activities 300.0K -$765.0K 7.300M
Net Change In Cash 141.7M $385.8M 74.10M
YoY Change 91.23% 132.47% -18.48%
FREE CASH FLOW
Cash From Operating Activities $159.4M $544.4M $124.6M
Capital Expenditures -$18.50M $68.79M -$47.00M
Free Cash Flow $177.9M $475.6M $171.6M
YoY Change 3.67% 152.79% 28.83%

Facts In Submission

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2428000 USD
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-64453000 USD
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0 USD
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1104000 USD
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385845000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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165977000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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188856000 USD
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1323533000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2018Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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1323533000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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937688000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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771711000 USD
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12340000 USD
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9914000 USD
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8511000 USD
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12585000 USD
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12426000 USD
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11115000 USD
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8586000 USD
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5543000 USD
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1720000 USD
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51975000 USD
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297314000 USD
CY2020Q4 us-gaap Deferred Revenue
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17383000 USD
CY2019Q4 us-gaap Deferred Revenue
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10057000 USD
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26660000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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39271000 USD
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79690000 USD
CY2019Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
82476000 USD
CY2019 us-gaap Lease Cost
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75340000 USD
CY2020 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The Company leases office space, corporate apartments, office equipment, and vehicles.
CY2020 us-gaap Lessee Operating Lease Variable Lease Payment Terms And Conditions
LesseeOperatingLeaseVariableLeasePaymentTermsAndConditions
Many of the Company’s leases contain variable payments including changes in base rent and charges for common area maintenance or other miscellaneous expenses.
CY2018 us-gaap Lease And Rental Expense
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46900000 USD
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70012000 USD
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259566000 USD
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127781000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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94307000 USD
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169533000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
165259000 USD
CY2020 us-gaap Depreciation
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50500000 USD
CY2019 us-gaap Depreciation
Depreciation
35400000 USD
CY2018 us-gaap Depreciation
Depreciation
28500000 USD
CY2020Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
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34522000 USD
CY2019Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
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24016000 USD
CY2020 us-gaap Lease Cost
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81370000 USD
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59952000 USD
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50949000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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107822000 USD
CY2020 epam Rightof Use Asset Modified Operating Lease
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7876000 USD
CY2019 epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
10124000 USD
CY2020 epam Operating Lease Liability Modification
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7861000 USD
CY2019 epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
10192000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y10M24D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.029
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
66585000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
50147000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
37268000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
32400000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
22859000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
52531000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
261790000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20427000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
241363000 USD
CY2020 us-gaap Lessee Operating Lease Restriction Or Covenant
LesseeOperatingLeaseRestrictionOrCovenant
There were no lease agreements that contained material restrictive covenants
CY2020 us-gaap Related Party Transaction Description Of Transaction
RelatedPartyTransactionDescriptionOfTransaction
There were no material lease agreements signed with related parties as of December 31, 2020.
CY2020 us-gaap Lessee Operating Lease Lease Not Yet Commenced Description
LesseeOperatingLeaseLeaseNotYetCommencedDescription
As of December 31, 2020, the Company had committed to payments of $1.0 million related to operating lease agreements that had not yet commenced as of December 31, 2020. These operating leases will commence on various dates during 2021 with lease terms ranging from 1 year to 5 years.
CY2020Q4 us-gaap Other Commitment
OtherCommitment
1000000.0 USD
CY2020 us-gaap Lessee Finance Lease Lease Not Yet Commenced Description
LesseeFinanceLeaseLeaseNotYetCommencedDescription
The Company does not have any material finance lease agreements that had not yet commenced.
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16000000.0 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
14800000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6500000 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
4300000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1400000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2600000 USD
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-6400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-3900000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2659478000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2293798000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1842912000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2659478000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2293798000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1842912000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2659478000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2293798000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1842912000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2659478000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2293798000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1842912000 USD
CY2020 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
5000000.0 USD
CY2019 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
7800000 USD
CY2018 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
5700000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
75238000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72036000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
59188000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.369
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.335
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.338
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.005
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.023
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.027
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
100411000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
65370000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
44527000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
278068000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
234156000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
205246000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
378479000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
299526000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
249773000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
19249000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16943000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10814000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7022000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3610000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4123000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
45042000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
25680000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
42580000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-16235000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-9425000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-37785000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1682000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-358000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3548000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2077000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2019000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6667000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51319000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38469000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9517000 USD
CY2018 us-gaap Tax Cuts And Jobs Act Of2017 Measurement Period Adjustment Income Tax Expense Benefit
TaxCutsAndJobsActOf2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit
4900000 USD
CY2020 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Income Tax Expense
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsIncomeTaxExpense
40500000 USD
CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Change In Tax Rate Deferred Tax Asset Income Tax Expense
TaxCutsAndJobsActOf2017ChangeInTaxRateDeferredTaxAssetIncomeTaxExpense
900000 USD
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1039000000.0 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
79481000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
62898000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
52452000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
0 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
0 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
-4009000 USD
CY2020 epam Income Tax Reconciliation Change In Deferred Tax Assets Dueto Disregarded Foreign Subsidiaries
IncomeTaxReconciliationChangeInDeferredTaxAssetsDuetoDisregardedForeignSubsidiaries
0 USD
CY2019 epam Income Tax Reconciliation Change In Deferred Tax Assets Dueto Disregarded Foreign Subsidiaries
IncomeTaxReconciliationChangeInDeferredTaxAssetsDuetoDisregardedForeignSubsidiaries
0 USD
CY2018 epam Income Tax Reconciliation Change In Deferred Tax Assets Dueto Disregarded Foreign Subsidiaries
IncomeTaxReconciliationChangeInDeferredTaxAssetsDuetoDisregardedForeignSubsidiaries
-25962000 USD
CY2020 epam Income Tax Reconciliation Gilt Iand Beatus Taxes
IncomeTaxReconciliationGILTIandBEATUSTaxes
191000 USD
CY2019 epam Income Tax Reconciliation Gilt Iand Beatus Taxes
IncomeTaxReconciliationGILTIandBEATUSTaxes
-926000 USD
CY2018 epam Income Tax Reconciliation Gilt Iand Beatus Taxes
IncomeTaxReconciliationGILTIandBEATUSTaxes
1526000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-36646000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-28385000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-17370000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
0 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
0 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
4850000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-387000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1402000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-88000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
3507000 USD
CY2019Q4 epam Deferred Tax Asset Net Disregarded Foreign Subsidiaries
DeferredTaxAssetNetDisregardedForeignSubsidiaries
26000000.0 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
3264000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
2724000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5323000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2971000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3452000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
44000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
571000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
652000 USD
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-194000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-522000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
990000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51319000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38469000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9517000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.136
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.128
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.038
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
8164000 USD
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
5329000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
827000 USD
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
574000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
50639000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
41457000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6089000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5168000 USD
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
9796000 USD
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3510000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
30112000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
29596000 USD
CY2020Q4 epam Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
51519000 USD
CY2019Q4 epam Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
7438000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
2168000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
3491000 USD
CY2020Q4 epam Deferred Tax Asset Unrealized Currency Loss And Other Comprehensive Loss
DeferredTaxAssetUnrealizedCurrencyLossAndOtherComprehensiveLoss
4890000 USD
CY2019Q4 epam Deferred Tax Asset Unrealized Currency Loss And Other Comprehensive Loss
DeferredTaxAssetUnrealizedCurrencyLossAndOtherComprehensiveLoss
2499000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1252000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1533000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
165456000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
100595000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5485000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3877000 USD
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159971000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
96718000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3818000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4981000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
12018000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
11364000 USD
CY2020Q4 epam Deferred Tax Liabilities Operating Right Of Use Assets
DeferredTaxLiabilitiesOperatingRightOfUseAssets
50149000 USD
CY2019Q4 epam Deferred Tax Liabilities Operating Right Of Use Assets
DeferredTaxLiabilitiesOperatingRightOfUseAssets
6900000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
991000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
2176000 USD
CY2020Q4 epam Deferred Tax Liability Disregarded Foreign Subsidiaries
DeferredTaxLiabilityDisregardedForeignSubsidiaries
1608000 USD
CY2019Q4 epam Deferred Tax Liability Disregarded Foreign Subsidiaries
DeferredTaxLiabilityDisregardedForeignSubsidiaries
0 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains
1153000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains
375000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1095000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
437000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
70832000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
26233000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
89139000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
70485000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
800000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
500000 USD
CY2020Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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0 USD
CY2020 us-gaap Net Income Loss
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327160000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
261057000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
240256000 USD
CY2020 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
327160000 USD
CY2019 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
261057000 USD
CY2018 epam Net Income Loss Available To Common Stockholders Basicand Diluted
NetIncomeLossAvailableToCommonStockholdersBasicandDiluted
240256000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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55727000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54719000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53623000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2719000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2949000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3050000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58446000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57668000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56673000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.87
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.77
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.48
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.60
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.53
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.24
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
40000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
120000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
139000 shares
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2659478000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2293798000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1842912000 USD
CY2020 us-gaap Operating Income Loss
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379324000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
302850000 USD
CY2018 us-gaap Operating Income Loss
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245764000 USD
CY2020 us-gaap Nonoperating Gains Losses
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3822000 USD
CY2019 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
8725000 USD
CY2018 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
3522000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4667000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-12049000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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