$EPAM
EPAM Systems, Inc.

2021 Q2 Form 10-Q Financial Statement

#000135201021000036 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $881.4M $632.4M
YoY Change 39.37% 14.65%
Cost Of Revenue $583.7M $419.5M
YoY Change 39.14% 17.88%
Gross Profit $297.6M $212.8M
YoY Change 39.84% 8.78%
Gross Profit Margin 33.77% 33.66%
Selling, General & Admin $151.9M $114.2M
YoY Change 33.03% 2.17%
% of Gross Profit 51.04% 53.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.46M $15.30M
YoY Change 33.73% 39.09%
% of Gross Profit 6.87% 7.19%
Operating Expenses $151.9M $114.2M
YoY Change 33.03% 2.17%
Operating Profit $125.3M $83.43M
YoY Change 50.16% 14.47%
Interest Expense -$2.113M -$7.400M
YoY Change -71.45% 208.33%
% of Operating Profit -1.69% -8.87%
Other Income/Expense, Net
YoY Change
Pretax Income $123.2M $76.08M
YoY Change 61.89% 7.89%
Income Tax $8.490M $9.452M
% Of Pretax Income 6.89% 12.42%
Net Earnings $114.7M $66.62M
YoY Change 72.12% 13.35%
Net Earnings / Revenue 13.01% 10.54%
Basic Earnings Per Share $2.03 $1.20
Diluted Earnings Per Share $1.94 $1.14
COMMON SHARES
Basic Shares Outstanding 56.46M shares 55.70M shares
Diluted Shares Outstanding 59.01M shares 58.25M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.283B $1.054B
YoY Change 21.78% 35.54%
Cash & Equivalents $1.283B $993.7M
Short-Term Investments $0.00 $60.00M
Other Short-Term Assets $72.55M $37.70M
YoY Change 92.44% 30.9%
Inventory
Prepaid Expenses
Receivables $682.2M $506.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.038B $1.598B
YoY Change 27.51% 24.3%
LONG-TERM ASSETS
Property, Plant & Equipment $173.5M $167.4M
YoY Change 3.7% 50.54%
Goodwill $335.5M $199.0M
YoY Change 68.55% 11.06%
Intangibles $65.13M $55.89M
YoY Change 16.54% 3.84%
Long-Term Investments
YoY Change
Other Assets $56.76M $55.65M
YoY Change 2.0% 162.03%
Total Long-Term Assets $923.6M $790.8M
YoY Change 16.79% 22.48%
TOTAL ASSETS
Total Short-Term Assets $2.038B $1.598B
Total Long-Term Assets $923.6M $790.8M
Total Assets $2.962B $2.389B
YoY Change 23.96% 23.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.712M $7.596M
YoY Change 27.86% 25.7%
Accrued Expenses $450.7M $335.6M
YoY Change 34.31% 249.49%
Deferred Revenue
YoY Change
Short-Term Debt $25.00M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $522.9M $365.6M
YoY Change 43.05% 34.1%
LONG-TERM LIABILITIES
Long-Term Debt $29.00K $25.04M
YoY Change -99.88% 0.18%
Other Long-Term Liabilities $32.97M $20.32M
YoY Change 62.3% 107.24%
Total Long-Term Liabilities $33.00M $45.36M
YoY Change -27.24% 362.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $522.9M $365.6M
Total Long-Term Liabilities $33.00M $45.36M
Total Liabilities $748.9M $636.0M
YoY Change 17.75% 24.91%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $57.00K $56.00K
YoY Change 1.79% 1.82%
Preferred Stock
YoY Change
Treasury Stock (at cost) $177.0K $177.0K
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $2.213B $1.753B
YoY Change
Total Liabilities & Shareholders Equity $2.962B $2.389B
YoY Change 23.96% 23.7%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $114.7M $66.62M
YoY Change 72.12% 13.35%
Depreciation, Depletion And Amortization $20.46M $15.30M
YoY Change 33.73% 39.09%
Cash From Operating Activities $68.86M $146.1M
YoY Change -52.87% 232.05%
INVESTING ACTIVITIES
Capital Expenditures -$22.57M -$11.40M
YoY Change 98.01% -1.72%
Acquisitions
YoY Change
Other Investing Activities -$123.2M -$62.60M
YoY Change 96.83% 261.85%
Cash From Investing Activities -$145.9M -$74.10M
YoY Change 96.88% 157.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.30M -4.600M
YoY Change 341.22% 130.0%
NET CHANGE
Cash From Operating Activities 68.86M 146.1M
Cash From Investing Activities -145.9M -74.10M
Cash From Financing Activities -20.30M -4.600M
Net Change In Cash -97.32M 67.40M
YoY Change -244.4% 410.61%
FREE CASH FLOW
Cash From Operating Activities $68.86M $146.1M
Capital Expenditures -$22.57M -$11.40M
Free Cash Flow $91.44M $157.5M
YoY Change -41.95% 183.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
15610000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17144000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
33696000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15899000 USD
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
16600000 USD
CY2021Q2 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
16600000 USD
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
400000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1400000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1047000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
7869000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-24000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
137000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-24000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18996000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6648000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3761000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-11999000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-38484000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
57193000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1323533000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
937688000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1285049000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
994881000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-308000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
335477000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1283233000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1322143000 USD
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
1816000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
1390000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1285049000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1323533000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0001352010
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2019 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccountingStandardsUpdate201613Member
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
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
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
56630464 shares
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1283233000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1322143000 USD
CY2021Q2 us-gaap Other Short Term Investments
OtherShortTermInvestments
0 USD
CY2020Q4 us-gaap Other Short Term Investments
OtherShortTermInvestments
60007000 USD
CY2021Q2 epam Trade Receivables And Contract Assets Allowance For Credit Loss Current
TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent
7647000 USD
CY2020Q4 epam Trade Receivables And Contract Assets Allowance For Credit Loss Current
TradeReceivablesAndContractAssetsAllowanceForCreditLossCurrent
4886000 USD
CY2021Q2 epam Trade Receivables And Contract Assets After Allowance For Credit Loss Current
TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent
682236000 USD
CY2020Q4 epam Trade Receivables And Contract Assets After Allowance For Credit Loss Current
TradeReceivablesAndContractAssetsAfterAllowanceForCreditLossCurrent
501062000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
72549000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
29570000 USD
CY2021Q2 us-gaap Assets Current
AssetsCurrent
2038018000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
1912782000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
173545000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
169533000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
196572000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
228672000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
65130000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
51975000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
335477000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
211956000 USD
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
96115000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
92454000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
56758000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
53960000 USD
CY2021Q2 us-gaap Assets
Assets
2961615000 USD
CY2020Q4 us-gaap Assets
Assets
2721332000 USD
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
9712000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10189000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
309328000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
294709000 USD
CY2021Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
109148000 USD
CY2020Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
79690000 USD
CY2021Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
25000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
16939000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
20603000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
52821000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
60759000 USD
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
522948000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
465950000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
29000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
25038000 USD
CY2021Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
41012000 USD
CY2020Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
43448000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
151985000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
180604000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32973000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
23274000 USD
CY2021Q2 us-gaap Liabilities
Liabilities
748947000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
738314000 USD
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
56633000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
56128000 shares
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
56613000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
56108000 shares
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
57000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
56000 USD
CY2021Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
670264000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
660771000 USD
CY2021Q2 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
1571597000 USD
CY2020Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
1347880000 USD
CY2021Q2 us-gaap Treasury Stock Value
TreasuryStockValue
177000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
177000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29073000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-25512000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
2212668000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1983018000 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2961615000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2721332000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
583728000 USD
CY2020Q2 us-gaap Cost Of Revenue
CostOfRevenue
419540000 USD
us-gaap Cost Of Revenue
CostOfRevenue
1103056000 USD
us-gaap Cost Of Revenue
CostOfRevenue
843342000 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
151910000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
114191000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15226000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
38261000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
288299000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
239299000 USD
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
20454000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
30166000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
125274000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
83426000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
232525000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
170935000 USD
CY2021Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2580000 USD
CY2020Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
1817000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
7954000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
4203000 USD
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4693000 USD
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-9167000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2394000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2643000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
123161000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76076000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
238085000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
172495000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8490000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9452000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14368000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20306000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
114671000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
66624000 USD
us-gaap Net Income Loss
NetIncomeLoss
223717000 USD
us-gaap Net Income Loss
NetIncomeLoss
152189000 USD
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.03
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.74
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.94
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.62
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56463000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55701000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56317000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55494000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59011000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58246000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58896000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58194000 shares
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
114671000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
66624000 USD
us-gaap Net Income Loss
NetIncomeLoss
223717000 USD
us-gaap Net Income Loss
NetIncomeLoss
152189000 USD
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
9637000 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
12442000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-894000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-16077000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
2040000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
6446000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-2041000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-2922000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
626000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11677000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
18888000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3561000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-18999000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
126348000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
85512000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
220156000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
133190000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1983018000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14624000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4424000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-15238000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
109046000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
2063939000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13792000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11220000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11677000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
114671000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
2212668000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1596145000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12210000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7141000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-37887000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
85565000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1647482000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11153000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10116000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
18888000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
66624000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1753094000 USD
us-gaap Net Income Loss
NetIncomeLoss
223717000 USD
us-gaap Net Income Loss
NetIncomeLoss
152189000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
38261000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
30166000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
31496000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
33834000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2828000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3174000 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.
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2971000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1176000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
48451000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
31320000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5190000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4458000 USD
epam Increase Decreasein Trade Receivablesand Contract Assets
IncreaseDecreaseinTradeReceivablesandContractAssets
168038000 USD
epam Increase Decreasein Trade Receivablesand Contract Assets
IncreaseDecreaseinTradeReceivablesandContractAssets
11842000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7795000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1216000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3948000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
633000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-6772000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-5835000 USD
epam Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-32276000 USD
epam Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-30857000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-40247000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-2016000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
81663000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
209411000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33773000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40524000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
60000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
60000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
121252000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12573000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
2544000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
20500000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-179000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-26000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-97390000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-133571000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
211956000 USD
CY2021Q2 us-gaap Lease Cost
LeaseCost
19237000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
19699000 USD
us-gaap Lease Cost
LeaseCost
38931000 USD
us-gaap Lease Cost
LeaseCost
41737000 USD
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
17774000 USD
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
16481000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
35419000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
33372000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1639000 USD
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11676000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1677000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42928000 USD
CY2021Q2 epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
813000 USD
CY2020Q2 epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
8566000 USD
epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
1879000 USD
epam Rightof Use Asset Modified Operating Lease
RightofUseAssetModifiedOperatingLease
3982000 USD
CY2021Q2 epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
813000 USD
CY2020Q2 epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
8562000 USD
epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
1879000 USD
epam Operating Lease Liability Modification
OperatingLeaseLiabilityModification
3989000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.026
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.032
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
31405000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
47210000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
36440000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
31115000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
22471000 USD
CY2021Q2 epam Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
51040000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
219681000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
14875000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
204806000 USD
CY2021Q2 us-gaap Other Commitment
OtherCommitment
600000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD
CY2021Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
11600000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
16500000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19439000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
48451000 USD
CY2020Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-3700000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4200000 USD
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3300000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14300000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1300000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7900000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23898000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31320000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.069
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.124
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.060
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.118
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
21000000.0 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8100000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
42500000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19800000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
114671000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
66624000 USD
us-gaap Net Income Loss
NetIncomeLoss
223717000 USD
us-gaap Net Income Loss
NetIncomeLoss
152189000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
114671000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
114671000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
66624000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
66624000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
223717000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
223717000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
152189000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
152189000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56463000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55701000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56317000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55494000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2548000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2545000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2579000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2700000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59011000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58246000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58896000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58194000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.03
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.74
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.94
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.62
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
83000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
49000 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
147000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
78000 shares
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
125274000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
83426000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
232525000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
170935000 USD
CY2021Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
2580000 USD
CY2020Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
1817000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
7954000 USD
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
4203000 USD
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4693000 USD
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-9167000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2394000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2643000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
123161000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76076000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
238085000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
172495000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
173545000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
169533000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881366000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
632383000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1662141000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1283742000 USD

Files In Submission

Name View Source Status
0001352010-21-000036-index-headers.html Edgar Link pending
0001352010-21-000036-index.html Edgar Link pending
0001352010-21-000036.txt Edgar Link pending
0001352010-21-000036-xbrl.zip Edgar Link pending
epam-20210630.htm Edgar Link pending
epam-20210630.xsd Edgar Link pending
epam-20210630_cal.xml Edgar Link unprocessable
epam-20210630_def.xml Edgar Link unprocessable
epam-20210630_g1.jpg Edgar Link pending
epam-20210630_htm.xml Edgar Link completed
epam-20210630_lab.xml Edgar Link unprocessable
epam-20210630_pre.xml Edgar Link unprocessable
exhibit311q22021.htm Edgar Link pending
exhibit312q22021.htm Edgar Link pending
exhibit321q22021.htm Edgar Link pending
exhibit322q22021.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
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending