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: 2013 | |||
Statements Of Consolidated Earnings | |||
Period Ending June 30, 2013 10-K (Filed: Aug 19, 2013) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2013 | June 30, 2012 | June 30, 2011 | |
| REVENUES: | |||
| Revenues, other than interest on funds held for clients and PEO revenues | $ 8,928,500 | 8,362,500 | 7,759,000 |
| Interest on funds held for clients | 420,900 | 493,300 | 540,100 |
| PEO revenues | 1,960,700 | 1,760,200 [1] | 1,533,900 |
| TOTAL REVENUES | 11,310,100 | 10,616,000 | 9,833,000 |
| EXPENSES: | |||
| Operating expenses | 5,742,400 | 5,365,200 | 4,888,600 |
| Systems development and programming costs | 654,300 | 592,700 | 570,000 |
| Depreciation and amortization | 252,900 | 256,400 | 249,800 |
| TOTAL COSTS OF REVENUES | 6,649,600 | 6,214,300 | 5,708,400 |
| Selling, general and administrative expenses | 2,620,600 | 2,456,900 | 2,314,600 |
| Goodwill impairment | 42,700 | 0 | 0 |
| Interest expense | 9,100 | 7,700 | 8,600 |
| TOTAL EXPENSES | 9,322,000 | 8,678,900 | 8,031,600 |
| Other income, net | (96,200) | (170,800) | (116,600) |
| EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 2,084,300 | 2,107,900 | 1,918,000 |
| Provision for income taxes | 720,200 | 728,200 | 673,000 |
| NET EARNINGS FROM CONTINUING OPERATIONS | 1,364,100 | 1,379,700 | 1,245,000 |
| EARNINGS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES | 66,800 | 14,200 | 14,700 |
| Provision for Income Taxes | 25,100 | 5,400 | 5,500 |
| NET EARNINGS FROM DISCONTINUED OPERATIONS | 41,700 | 8,800 | 9,200 |
| NET EARNINGS | 1,405,800 | 1,388,500 | 1,254,200 |
| Basic Earnings Per Share from Continuing Operations | 2.83 | 2.83 | 2.52 |
| Basic Earnings Per Share from Discontinued Operations | 0.09 | 0.02 | 0.02 |
| BASIC EARNINGS PER SHARE | 2.91 | 2.85 | 2.54 |
| Diluted Earnings Per Share from Continuing Operations | 2.80 | 2.80 | 2.50 |
| Diluted Earnings Per Share from Discontinued Operations | 0.09 | 0.02 | 0.02 |
| DILUTED EARNINGS PER SHARE | 2.89 | 2.82 | 2.52 |
| Basic weighted average shares outstanding | 482,700 | 487,300 | 493,500 |
| Diluted weighted average shares outstanding | 487,100 | 492,200 | 498,300 |
| [1] Professional Employer Organization (PEO) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $19,956.2, $17,792.2, and $15,765.3, respectively. | |||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2013 | |
| 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 |