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In millions, except per share items | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 | Mar-31-14 | Mar-31-13 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Time-and-materials | 771.3 | 738.3 | | | | | | |
Banking Financial Services and Insurance | 753.0 | 777.0 | | | | | | |
Application outsourcing | 729.8 | 672.6 | | | | | | |
Consulting | 582.5 | 575.2 | | | | | | |
Total revenues | 1,312.3 | 1,247.9 | 1,020.7 | 858.7 | 600.3 | 479.0 | 396.9 | 333.2 |
Revenue growth [+] | 5.2% | 22.3% | 18.9% | 43.0% | 25.3% | 20.7% | 19.1% | 19.9% |
Time-and-materials | 4.5% | | | | | | | |
Banking Financial Services and Insurance | -3.1% | | | | | | | |
Application outsourcing | 8.5% | | | | | | | |
Consulting | 1.3% | | | | | | | |
Fixed-price | 6.2% | | | | | | | |
Cost of goods sold | 959.1 | 884.7 | 725.4 | 621.0 | 389.3 | 304.4 | 250.5 | 215.9 |
Gross profit | 353.1 | 363.2 | 295.2 | 237.8 | 211.0 | 174.6 | 146.4 | 117.3 |
Gross margin | 26.9% | 29.1% | 28.9% | 27.7% | 35.1% | 36.4% | 36.9% | 35.2% |
Selling, general and administrative | 272.9 | 292.9 | 248.8 | 219.4 | 165.7 | 122.0 | 104.0 | 84.5 |
EBITDA [+] | 112.8 | 99.3 | 73.9 | 44.2 | 61.8 | 66.1 | 53.9 | 41.9 |
EBITDA growth | 13.6% | 34.3% | 67.2% | -28.4% | -6.5% | 22.6% | 28.7% | 30.1% |
EBITDA margin | 8.6% | 8.0% | 7.2% | 5.1% | 10.3% | 13.8% | 13.6% | 12.6% |
Depreciation | 17.9 | 17.6 | 17.4 | 16.3 | 11.0 | 9.1 | 8.1 | 6.5 |
EBITA | 94.9 | 81.7 | 56.5 | 27.9 | 50.8 | 57.0 | 45.8 | 35.4 |
EBITA margin | 7.2% | 6.5% | 5.5% | 3.2% | 8.5% | 11.9% | 11.5% | 10.6% |
Amortization of intangibles | 14.7 | 11.4 | 10.1 | 9.5 | 5.5 | 4.4 | 3.4 | 2.6 |
EBIT [+] | 80.2 | 70.3 | 46.4 | 18.4 | 45.3 | 52.6 | 42.4 | 32.9 |
EBIT growth | 14.2% | 51.5% | 152.5% | -59.5% | -13.8% | 23.9% | 29.1% | 37.5% |
EBIT margin | 6.1% | 5.6% | 4.5% | 2.1% | 7.5% | 11.0% | 10.7% | 9.9% |
Interest expense, net [+] | 17.0 | 15.5 | 3.4 | 3.6 | -4.8 | -5.3 | -3.7 | -3.0 |
Interest expense | 19.2 | 18.2 | 7.6 | 7.7 | 0.6 | | | |
Interest income | 2.2 | 2.7 | 4.3 | 4.1 | 5.4 | 5.3 | 3.7 | 3.0 |
Other income (expense), net [+] | -14.6 | -16.6 | -1.2 | 4.0 | 7.6 | -0.4 | -0.2 | 0.0 |
Gain (loss) on foreign currency transactions | -16.0 | -13.1 | -3.5 | 3.0 | 7.1 | -0.4 | -0.4 | -0.1 |
Other | 1.4 | -3.5 | 2.4 | 1.0 | 0.5 | -0.1 | 0.2 | 0.1 |
Pre-tax income | 48.7 | 38.2 | 41.8 | 18.8 | 57.7 | 57.4 | 45.9 | 35.9 |
Income taxes | 0.3 | 20.5 | 32.9 | 2.6 | 12.6 | 15.0 | 11.5 | 7.5 |
Tax rate | 0.6% | 53.6% | 78.6% | 13.6% | 21.9% | 26.1% | 25.1% | 20.8% |
Minority interest | 0.5 | 1.5 | 7.7 | 4.4 | 0.2 | | | |
Net income | 43.6 | 11.8 | -2.7 | 11.9 | 44.8 | 42.4 | 34.4 | 28.4 |
Net margin | 3.3% | 0.9% | -0.3% | 1.4% | 7.5% | 8.9% | 8.7% | 8.5% |
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Basic EPS [+] | $1.45 | $0.40 | ($0.09) | $0.40 | $1.53 | $1.48 | $1.32 | $1.14 |
Growth | 266.7% | -529.3% | -123.0% | -73.9% | 3.8% | 12.2% | 15.6% | 40.1% |
Diluted EPS [+] | $1.42 | $0.38 | ($0.09) | $0.39 | $1.49 | $1.44 | $1.27 | $1.11 |
Growth | 269.3% | -517.5% | -123.5% | -73.7% | 4.0% | 12.7% | 15.1% | 40.3% |
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Shares outstanding (basic) [+] | 30.0 | 29.8 | 29.4 | 29.7 | 29.2 | 28.8 | 26.1 | 24.9 |
Growth | 0.7% | 1.4% | -0.9% | 1.4% | 1.7% | 10.1% | 4.7% | 1.2% |
Shares outstanding (diluted) [+] | 30.7 | 30.7 | 29.4 | 30.2 | 30.0 | 29.6 | 27.0 | 25.6 |
Growth | 0.0% | 4.3% | -2.7% | 0.7% | 1.5% | 9.6% | 5.2% | 1.0% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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