Company: G
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001398659-25-000109
Chunk: 62

Company: Genpact LTD
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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 the insurance portfolio and are therefore classified within level 3 of the fair value hierarchy. (f)The fair value of the deferred compensation plan liability is derived based on the fair value of the underlying assets in the insurance policies and is therefore classified within level 3 of the fair value hierarchy. The following table provides a roll-forward of the fair value of earn-out consideration categorized as level 3 in the fair value hierarchy for the three and nine months ended September 30, 2024 and 2025:Three months ended September 30,Nine months ended September 30,2024202520242025Opening balance$— $77,500 $— $— Earn-out consideration payable in connection with acquisitions— — — 77,500 Closing balance$— $77,500 $— $77,500 The following table provides a roll-forward of the fair value of deferred compensation plan assets categorized as level 3 in the fair value hierarchy for the three and nine months ended September 30, 2024 and 2025: Three months ended September 30,Nine months ended September 30,2024202520242025Opening balance$56,992 $68,356 $51,983 $61,549 Additions (net of redemption)747 834 1,547 3,179 Change in fair value of deferred compensation plan assets (Note a)3,252 4,089 7,461 8,551 Closing balance$60,991 $73,279 $60,991 $73,279 (a)Changes in the fair value of plan assets are reported in “other income (expense), net” in the consolidated statements of income. 

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

5. Fair value measurements (Continued)The following table provides a roll-forward of the fair value of deferred compensation plan liabilities categorized as level 3 in the fair value hierarchy for the three and nine months ended September 30, 2024 and 2025:Three months ended September 30,Nine months ended September 30,2024202520242025Opening balance$56,311 $67,732 $51,354 $60,924 Additions (net of redemption)746 834 1,547 3,179 Change