10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AUTOMATIC DATA PROCESSING INC | |||
Ticker: ADP Fiscal Year: 2022 | |||
Statements Of Consolidated Earnings | |||
Period Ending June 30, 2022 10-K (Filed: Aug 3, 2022) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2022 | June 30, 2021 | June 30, 2020 | |
| REVENUES: | |||
| Revenues | $ 16,498,300 | 15,005,400 | 14,589,800 |
| EXPENSES: | |||
| Costs of revenues: | |||
| Operating expenses | 8,252,600 | 7,520,700 | 7,404,100 |
| Systems development and programming costs | 798,600 | 716,600 | 674,100 |
| Depreciation and amortization | 410,700 | 403,000 | 366,900 |
| TOTAL COSTS OF REVENUES | 9,461,900 | 8,640,300 | 8,445,100 |
| Selling, general, and administrative expenses | 3,233,200 | 3,040,500 | 3,003,000 |
| Interest expense | 81,900 | 59,700 | 107,100 |
| TOTAL EXPENSES | 12,777,000 | 11,740,500 | 11,555,200 |
| Other (income)/expense, net | (82,800) | (96,300) | (148,000) |
| EARNINGS BEFORE INCOME TAXES | 3,804,100 | 3,361,200 | 3,182,600 |
| Provision for income taxes | 855,200 | 762,700 | 716,100 |
| NET EARNINGS | 2,948,900 | 2,598,500 | 2,466,500 |
| BASIC EARNINGS PER SHARE (in dollars per share) | 7.04 | 6.10 | 5.73 |
| DILUTED EARNINGS PER SHARE (in dollars per share) | 7.00 | 6.07 | 5.70 |
| Basic weighted average shares outstanding (in shares) | 418,800 | 426,300 | 430,800 |
| Diluted weighted average shares outstanding (in shares) | 421,100 | 428,100 | 432,700 |
| Product and Service | |||
| Revenues, other than interest on funds held for clients and PEO revenues | |||
| Revenues | 10,505,000 | 9,768,600 | 9,538,100 |
| Interest on funds held for clients | |||
| Revenues | 451,800 | 422,400 | 545,200 |
| PEO Revenues | |||
| Revenues | 5,541,500 | 4,814,400 [1] | 4,506,500 |
| [1] For the years ended June 30, 2022 (fiscal 2022), June 30, 2021 (fiscal 2021), and June 30, 2020 (fiscal 2020), Professional Employer Organization (PEO) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $62,619.2 million, $51,362.3 million, and $45,826.1 million, respectively. | |||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |