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: 2015 | |||
Statements Of Consolidated Earnings | |||
Period Ending June 30, 2015 10-K (Filed: Aug 7, 2015) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2015 | June 30, 2014 | June 30, 2013 | |
| REVENUES: | |||
| Revenues, other than interest on funds held for clients and PEO revenues | $ 7,928,300 | 7,595,400 | 7,060,900 |
| Interest on funds held for clients | 377,700 | 373,400 | 420,400 |
| PEO revenues | 2,632,500 | 2,257,600 [1] | 1,960,700 |
| TOTAL REVENUES | 10,938,500 | 10,226,400 | 9,442,000 |
| EXPENSES: | |||
| Operating expenses | 5,625,300 | 5,290,800 | 4,883,600 |
| Systems development and programming costs | 595,400 | 551,200 | 496,600 |
| Depreciation and amortization | 206,900 | 199,000 | 193,900 |
| TOTAL COSTS OF REVENUES | 6,427,600 | 6,041,000 | 5,574,100 |
| Selling, general and administrative expenses | 2,496,900 | 2,370,300 | 2,200,400 |
| Goodwill impairment | 0 | 0 | 42,700 |
| Interest expense | 6,500 | 6,100 | 9,100 |
| TOTAL EXPENSES | 8,931,000 | 8,417,400 | 7,826,300 |
| Other income, net | (63,200) | (70,200) | (94,400) |
| EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 2,070,700 | 1,879,200 | 1,710,100 |
| Provision for income taxes | 694,200 | 636,600 | 587,900 |
| NET EARNINGS FROM CONTINUING OPERATIONS | 1,376,500 | 1,242,600 | 1,122,200 |
| EARNINGS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES | 171,500 | 414,900 | 441,000 |
| Provision for income taxes | 95,500 | 141,600 | 157,400 |
| NET EARNINGS FROM DISCONTINUED OPERATIONS | 76,000 | 273,300 | 283,600 |
| NET EARNINGS | 1,452,500 | 1,515,900 | 1,405,800 |
| Basic Earnings Per Share from Continuing Operations | 2.91 | 2.59 | 2.32 |
| Basic earnings per share from discontinued operations | 0.16 | 0.57 | 0.59 |
| BASIC EARNINGS PER SHARE | 3.07 | 3.17 | 2.91 |
| Diluted earnings per share from continuing operations | 2.89 | 2.57 | 2.30 |
| Diluted earnings per share from discontinued operations | 0.16 | 0.57 | 0.58 |
| DILUTED EARNINGS PER SHARE | 3.05 | 3.14 | 2.89 |
| Basic weighted average shares outstanding | 472,600 | 478,900 | 482,700 |
| Diluted weighted average shares outstanding | 475,800 | 483,100 | 487,100 |
| [1] As of fiscal 2015, 2014, and 2013, Professional Employer Organization (PEO) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $26,674.1 million, $23,192.2 million, and $19,956.2 million, respectively. | |||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2015 | |
| 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 |