2014 Q4 Form 10-K Financial Statement

#000119312515068826 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014
Revenue $601.5M $588.1M $2.279B
YoY Change 7.71% 9.95% 6.92%
Cost Of Revenue $359.2M $354.5M $1.378B
YoY Change 3.88% 7.65% 4.43%
Gross Profit $242.3M $233.6M $901.4M
YoY Change 13.98% 13.64% 10.95%
Gross Profit Margin 40.29% 39.73% 39.54%
Selling, General & Admin $165.0M $153.1M $585.6M
YoY Change 23.04% 30.89% 20.8%
% of Gross Profit 68.09% 65.55% 64.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.20M $20.80M $51.06M
YoY Change 14.59% 10.05% -3.32%
% of Gross Profit 8.75% 8.9% 5.67%
Operating Expenses $176.1M $153.1M $585.6M
YoY Change 24.63% 30.89% 20.8%
Operating Profit $70.87M $72.87M $294.0M
YoY Change -1.07% -15.23% -5.01%
Interest Expense -$13.70M -$12.00M -$46.60M
YoY Change 34.31% -269.01% 2018.18%
% of Operating Profit -19.33% -16.47% -15.85%
Other Income/Expense, Net $0.00 -$6.439M -$27.28M
YoY Change -100.0% 86.42% 12.24%
Pretax Income $62.79M $61.79M $249.6M
YoY Change 0.35% -33.81% -18.47%
Income Tax $12.20M $15.12M $57.42M
% Of Pretax Income 19.43% 24.48% 23.01%
Net Earnings $45.75M $46.65M $192.0M
YoY Change -6.33% -33.6% -16.42%
Net Earnings / Revenue 7.61% 7.93% 8.42%
Basic Earnings Per Share $0.20 $0.22 $0.87
Diluted Earnings Per Share $0.21 $0.21 $0.85
COMMON SHARES
Basic Shares Outstanding 217.3M shares 216.5M shares 220.8M shares
Diluted Shares Outstanding 221.4M shares 220.5M shares 225.2M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $461.8M $424.2M $463.5M
YoY Change -19.17% -14.99% -19.42%
Cash & Equivalents $461.8M $399.2M
Short-Term Investments $130.6M $118.8M $132.4M
Other Short-Term Assets $7.772M $10.83M $199.2M
YoY Change 50.85% -95.51% 1.74%
Inventory
Prepaid Expenses $12.95M
Receivables $525.8M $533.8M $525.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.189B $1.206B $1.189B
YoY Change -6.87% -0.91% -6.86%
LONG-TERM ASSETS
Property, Plant & Equipment $175.9M $176.2M $175.9M
YoY Change 1.58% 4.63% 1.56%
Goodwill $1.057B $1.056B
YoY Change 10.84% 11.11%
Intangibles
YoY Change
Long-Term Investments $500.0K $500.0K $500.0K
YoY Change 25.0% 66.67% 25.0%
Other Assets $146.7M $123.8M $194.2M
YoY Change 50.68% 26.3% 13.7%
Total Long-Term Assets $1.554B $1.533B $1.554B
YoY Change 9.96% 7.45% 9.96%
TOTAL ASSETS
Total Short-Term Assets $1.189B $1.206B $1.189B
Total Long-Term Assets $1.554B $1.533B $1.554B
Total Assets $2.743B $2.739B $2.743B
YoY Change 1.98% 3.6% 1.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.54M $17.22M $15.50M
YoY Change -15.58% 12.66% -15.76%
Accrued Expenses $114.8M $107.3M $275.4M
YoY Change 15.94% -63.09% 14.42%
Deferred Revenue
YoY Change
Short-Term Debt $135.0M $165.0M $135.0M
YoY Change
Long-Term Debt Due $4.288M $4.281M $5.700M
YoY Change 0.59% 0.59% 0.0%
Total Short-Term Liabilities $622.1M $671.5M $622.1M
YoY Change 34.75% 39.4% 34.74%
LONG-TERM LIABILITIES
Long-Term Debt $649.3M $650.4M $652.0M
YoY Change -0.66% -0.65% -0.66%
Other Long-Term Liabilities $179.3M $161.3M $176.6M
YoY Change -26.18% -45.86% -27.3%
Total Long-Term Liabilities $828.6M $811.7M $828.6M
YoY Change -7.57% -14.79% -7.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $622.1M $671.5M $622.1M
Total Long-Term Liabilities $828.6M $811.7M $828.6M
Total Liabilities $1.457B $1.491B $1.457B
YoY Change 6.75% 3.34% 6.64%
SHAREHOLDERS EQUITY
Retained Earnings $398.7M $353.0M
YoY Change -22.08% -23.74%
Common Stock $1.299B $2.162M
YoY Change 56130.04% -6.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.285B $1.249B $1.285B
YoY Change
Total Liabilities & Shareholders Equity $2.743B $2.739B $2.743B
YoY Change 1.98% 3.6% 1.97%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014
OPERATING ACTIVITIES
Net Income $45.75M $46.65M $192.0M
YoY Change -6.33% -33.6% -16.42%
Depreciation, Depletion And Amortization $21.20M $20.80M $51.06M
YoY Change 14.59% 10.05% -3.32%
Cash From Operating Activities $93.00M $85.70M $271.8M
YoY Change 18.62% -31.71% -12.76%
INVESTING ACTIVITIES
Capital Expenditures -$14.40M -$18.50M $62.58M
YoY Change 22.03% 60.87% 28.02%
Acquisitions $130.8M
YoY Change 165.68%
Other Investing Activities $18.00M -$24.60M -$130.2M
YoY Change -14.29% 564.86% 339.86%
Cash From Investing Activities $3.500M -$43.10M -$192.8M
YoY Change -62.37% 183.55% 145.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $302.6M $302.6M
YoY Change
Debt Paid & Issued, Net $6.750M
YoY Change -94.52%
Cash From Financing Activities -24.80M -10.80M -177.4M
YoY Change -616.67% -90.33% 171.52%
NET CHANGE
Cash From Operating Activities 93.00M 85.70M 271.8M
Cash From Investing Activities 3.500M -43.10M -192.8M
Cash From Financing Activities -24.80M -10.80M -177.4M
Net Change In Cash 71.70M 31.80M -98.40M
YoY Change -22.49% -2371.43% -158.64%
FREE CASH FLOW
Cash From Operating Activities $93.00M $85.70M $271.8M
Capital Expenditures -$14.40M -$18.50M $62.58M
Free Cash Flow $107.4M $104.2M $209.3M
YoY Change 19.07% -23.94% -20.35%

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0
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1982000
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0
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1952000
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3368000
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8357000
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5979000
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CY2013 g Business Combination Contingent And Deferred Consideration Arrangements Change In Amount Of Contingent And Deferred Consideration Liability
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CY2013 g Defined Benefit Plan Actuarial Net Gains Losses Plan Assets
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520000
CY2013 g Share Based Compensation Arrangement By Share Based Payment Award Other Than Options Higher Than Target Performance
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297911 shares
CY2013 g Unrecognized Tax Benefits Interest On Income Taxes Expense1
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-50000
CY2013 g Unrealized Gains Losses On Cash Flow Hedges
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13542000
CY2013 g Margin Over Libor For Interest Rate On Line Of Credit
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0.0275 pure
CY2013 g Valuation Allowance Deferred Tax Asset Change In Amount Additions
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3375000
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23645000
CY2013 g Debt Amortization Expense
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13761000
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15736000
CY2013 g Current Period Amortization Of Minimum Volume Commitment Contract Intangible Assets
CurrentPeriodAmortizationOfMinimumVolumeCommitmentContractIntangibleAssets
0
CY2013 g Percentage Of Consolidated Revenue Not Exceeded By Any Customer
PercentageOfConsolidatedRevenueNotExceededByAnyCustomer
0.10 pure
CY2013 g Retirement Benefits Expense
RetirementBenefitsExpense
138000
CY2013 g Expected Loss On Proposed Sale Of Business
ExpectedLossOnProposedSaleOfBusiness
3487000
CY2013 g Payments Of Debt Issuance Costs One
PaymentsOfDebtIssuanceCostsOne
8104000
CY2013 g Excess Tax Benefit From Options Exercised
ExcessTaxBenefitFromOptionsExercised
0
CY2013 g Acceleration Of Amortization Of Debt Issue Cost
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3157000
CY2013 g Business Acquisition Contingent And Deferred Consideration Cash Paid
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3868000
CY2013 g Allowance For Doubtful Accounts Receivable Deductions Of Bad Debts
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3933000
CY2014 us-gaap Common Stock Voting Rights
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.3727 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
520000 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y10M24D
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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7.00
CY2014 dei Document Type
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10-K
CY2014 dei Entity Registrant Name
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GENPACT LTD
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014 dei Trading Symbol
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G
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4321567 shares
CY2014 us-gaap Derivative Higher Remaining Maturity Range1
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P60M
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
27228 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.54
CY2014 dei Entity Filer Category
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Large Accelerated Filer
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><b>1. Organization</b></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><i>(a) Nature of Operations</i></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); PADDING-BOTTOM: 0px; FONT: medium 'Times New Roman'; MARGIN-TOP: 9px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">The Company designs, transforms, and runs intelligent business operations, including those that are complex and specific to a set of chosen industries. The result is advanced operating models that assist the Company&#x2019;s clients in becoming more competitive by supporting their growth and managing cost, risk, and compliance across a range of functions, such as finance and procurement, financial services account servicing, claims management, regulatory affairs, and industrial asset optimization. The Company&#x2019;s Smart Enterprise Processes (SEP</font><font style="FONT-FAMILY: 'Times New Roman'" size="1"><sup style="VERTICAL-ALIGN: baseline; POSITION: relative; BOTTOM: 0.8ex">SM</sup></font><font style="FONT-FAMILY: 'Times New Roman'" size="2">) proprietary framework helps companies reimagine how they operate by integrating effective Systems of Engagement</font><font style="FONT-FAMILY: 'Times New Roman'" size="1"><sup style="VERTICAL-ALIGN: baseline; POSITION: relative; BOTTOM: 0.8ex">TM</sup></font><font style="FONT-FAMILY: 'Times New Roman'" size="2">, core IT, and Data-to-Action Analytics</font><font style="FONT-FAMILY: 'Times New Roman'" size="1"><sup style="VERTICAL-ALIGN: baseline; POSITION: relative; BOTTOM: 0.8ex">SM</sup></font><font style="FONT-FAMILY: 'Times New Roman'" size="2">. The Company&#x2019;s hundreds of long-term clients include more than one-fourth of the Fortune Global 500. The Company has a unique history: behind its passion for process and operational excellence is the Lean and Six Sigma heritage of a former General Electric division that has served GE businesses for more than 16 years.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 18px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><i>(b) Organization</i></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">Prior to December&#xA0;30, 2004, the business of the Company was conducted through various entities and divisions of the General Electric Company (&#x201C;GE&#x201D;). On December&#xA0;30, 2004, in a series of transactions referred to as the &#x201C;2004 Reorganization,&#x201D; GE transferred such operations to the Company. In August 2007, the Company completed an initial public offering of its common shares, pursuant to which the Company and certain of its existing shareholders each sold 17,647,059 common shares. On March&#xA0;24, 2010, the Company completed a secondary offering of its common shares pursuant to which GE&#x2019;s shareholding in the Company decreased to 9.1% and it ceased to be a significant shareholder, although it continued to be a related party. During the year ended December&#xA0;31, 2012, GE&#x2019;s shareholding declined to less than 5.0%, as a result of which GE is no longer considered a related party.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 18px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><i>2012 Recapitalization</i></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">On August&#xA0;1, 2012, affiliates of GA and OH entered into an agreement to sell 67,750,678 common shares of the Company to Glory Investments A Limited, formerly known as South Asia Private Investments, an affiliate of Bain Capital Investors, LLC (&#x201C;Bain Capital&#x201D;). On October&#xA0;25, 2012, Bain Capital and its affiliated assignees, along with two additional co-investors (RGIP, LLC, an investor in certain investment funds which are affiliated with Bain Capital, and Twickenham Investment Private Limited, an affiliate of the Government of Singapore Investment Corporation Private Limited), completed the purchase of the Company&#x2019;s common shares covered by the share purchase agreement.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 9px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">On December&#xA0;14, 2012, a secondary offering of the Company&#x2019;s common shares by affiliates of General Atlantic (&#x201C;GA&#x201D;) and Oak Hill Capital Partners (&#x201C;OH&#x201D;) was completed. Upon the completion of the secondary offering, GA and OH each owned approximately 2.4% of the Company&#x2019;s common shares outstanding, and they ceased to be significant shareholders and related parties.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 9px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">On August&#xA0;30, 2012, the Company terminated its previous credit facility of $380,000 and entered into a new credit facility of $925,000. Net proceeds from the credit facility along with cash on hand were partially used to fund the payment of a special cash dividend in the amount of $2.24 per share in the third quarter of 2012. The share purchase transaction described above, the entry into a new credit facility and the payment of the special cash dividend are referred to collectively as the &#x201C;2012 Recapitalization.&#x201D; In June 2013, the Company amended the new credit facility as described in Note 14.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 0px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">The Company incurred expenses of approximately $23,464 for the 2012 Recapitalization, excluding fees associated with terminating the previous credit facility and entering into the new credit facility. Of the total expenses of $23,464, $6,237 was incurred and recorded as part of &#x201C;selling, general and administrative expenses&#x201D; in the Consolidated Statements of Income. The balance of the total expenses of approximately $17,227 relating to the share purchase transaction was incurred and accrued as of December&#xA0;31, 2012 and reported as a part of &#x201C;other income (expense), net&#x201D; in the Consolidated Statements of Income. GA and OH jointly reimbursed the Company for $17,000 of the $17,227 on October&#xA0;25, 2012 at the closing of the share purchase transaction in accordance with the letter agreement among the Company, GA and OH. This reimbursement was recorded as part of &#x201C;other income (expense), net&#x201D; in the Consolidated Statements of Income for the year ended December&#xA0;31, 2012.</font></p> </div>
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<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 18px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>(b) Use of estimates</i></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. Significant items subject to such estimates and assumptions include the useful lives of property, plant and equipment, the carrying amount of property, plant and equipment, intangibles and goodwill, the reserve for doubtful receivables, the valuation allowance for deferred tax assets, the valuation of derivative financial instruments, the measurements of stock-based compensation, assets and obligations related to employee benefits, income tax uncertainties, undistributed foreign earnings planned to be indefinitely reinvested and other contingencies. Management believes that the estimates used in the preparation of the consolidated financial statements are reasonable. Although these estimates are based upon management&#x2019;s best knowledge of current events and actions, actual results could differ from these estimates. Any changes in estimates are adjusted prospectively in the consolidated financial statements.</font></p> </div>
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<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><i>(t) Reclassification</i></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">Certain reclassifications have been made in the consolidated financial statements of prior periods to conform to the classification used in the current period. The impact of such reclassifications on&#xA0;the consolidated financial statements is not material.</font></p> </div>
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1002000
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2014 g Libor Floor Rate
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CY2014 g Realized Tax Benefit From Share Based Compensation
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CY2014 g Net Periodic Benefit Cost Expected To Be Recognized Over Next Fiscal Year
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CY2014 g Number Of Special Economic Zone Units Held By Subsidiary Eligible For Tax Holiday
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CY2014 g Business Combination Contingent And Deferred Consideration Arrangements Change In Amount Of Contingent And Deferred Consideration Liability
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CY2014 g Line Of Credit Covenant Condition
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5102000
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28543000
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CY2014 g Current Period Amortization Of Minimum Volume Commitment Contract Intangible Assets
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CY2014 g Retirement Benefits Expense
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2543000
CY2014 g Business Acquisition Contingent And Deferred Consideration Cash Paid
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CY2014 g Allowance For Doubtful Accounts Receivable Deductions Of Bad Debts
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CY2014 g Share Based Compensation Arrangement By Share Based Payment Award Options Shares Net Settled On Vesting
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CY2014 g Income Tax Reconciliation Intercompany Transfers
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2822000
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CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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327590 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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1864000
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CY2012 us-gaap Gross Profit
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CY2012 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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13700000
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CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
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0
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CY2012 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
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1514000
CY2012 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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2103000
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4323000
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CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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32152000
CY2012 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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CY2012 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
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4323000
CY2012 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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27195000
CY2012 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2013Q1 us-gaap Revenues
Revenues
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CY2014Q1 us-gaap Earnings Per Share Basic
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CY2014Q1 us-gaap Revenues
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CY2014Q1 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2013Q2 us-gaap Earnings Per Share Diluted
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CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2013Q2 us-gaap Earnings Per Share Basic
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CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2013Q2 us-gaap Gross Profit
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CY2013Q2 us-gaap Profit Loss
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84633000
CY2013Q2 us-gaap Revenues
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534804000
CY2013Q2 us-gaap Net Income Loss
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CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2014Q2 us-gaap Earnings Per Share Diluted
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0.22
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
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CY2014Q2 us-gaap Gross Profit
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62717000
CY2014Q2 us-gaap Revenues
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561611000
CY2014Q2 us-gaap Net Income Loss
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CY2013Q3 us-gaap Earnings Per Share Diluted
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CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2013Q3 us-gaap Earnings Per Share Basic
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0.31
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CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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62790000
CY2014Q4 us-gaap Revenues
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601530000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
45752000

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