Company: G
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001398659-25-000059
Chunk: 59

Company: Genpact LTD
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 59
---
 applicable subsidiaries were in compliance with the covenants under the Senior Notes.

26

GENPACT LIMITED AND ITS SUBSIDIARIESNotes to the Consolidated Financial Statements(Unaudited)(In thousands, except per share data and share count)

10. Long-term debt (Continued)A summary of the Company’s long-term debt is as follows:

 As of December 31, 2024As of March 31, 2025 Credit facility, net of amortization expenses  $476,089 $469,546  1.750% 2021 Senior Notes, net of debt amortization expenses  349,234349,382 6.000% 2024 Senior Notes, net of debt amortization expenses  396,117 396,334 Total$1,221,440 $1,215,262  Current portion  26,17326,178 Non-current portion 1,195,2671,189,084Total  $1,221,440 $1,215,262  

11. Accrued expenses and other current liabilities

 Accrued expenses and other current liabilities consist of the following:As of December 31, 2024As of March 31, 2025Accrued expenses $199,555 $178,714 Accrued employee cost 328,090159,543Statutory liabilities 78,267105,238Retirement benefits 2,2191,746Compensated absences28,15731,397Derivative instruments (Note 5)37,42617,681Contract liabilities (Note 18)101,85395,180Finance leases liability8,58110,345Deferred compensation plan liability (Note 4)3,8132,786Other liabilities25,03333,136$812,994 $635,766 

12. Other liabilities

 Other liabilities consist of the following: As of December 31, 2024As of March 31, 2025Accrued expenses $60,905 $83,505 Accrued employee cost 2,854 1,767 Retirement benefits 13,84316,938Compensated absences48,52752,068Derivative instruments (Note 5)21,27313,640Contract liabilities (Note 18)50,33646,689Finance leases liability8,81111,245Deferred compensation plan liability