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: 2018 | |||
Statements Of Consolidated Earnings | |||
Period Ending June 30, 2018 10-K (Filed: Aug 3, 2018) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2018 | June 30, 2017 | June 30, 2016 | |
| REVENUES: | |||
| Revenues, other than interest on funds held for clients and PEO revenues | $ 8,985,200 | 8,518,100 | 8,234,000 |
| Interest on funds held for clients | 466,500 | 397,400 | 377,300 |
| PEO revenues | 3,874,100 | 3,464,300 [1] | 3,056,500 |
| TOTAL REVENUES | 13,325,800 | 12,379,800 | 11,667,800 |
| EXPENSES: | |||
| Operating expenses | 6,937,900 | 6,416,100 | 6,025,000 |
| Systems development and programming costs | 630,200 | 627,500 | 603,700 |
| Depreciation and amortization | 274,500 | 226,200 | 211,600 |
| TOTAL COSTS OF REVENUES | 7,842,600 | 7,269,800 | 6,840,300 |
| Selling, general, and administrative expenses | 2,971,500 | 2,783,200 | 2,637,000 |
| Interest expense | 102,700 | 80,000 | 56,200 |
| TOTAL EXPENSES | 10,916,800 | 10,133,000 | 9,533,500 |
| Other expense/(income), net | 237,900 | (284,300) | (100,400) |
| EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 2,171,100 | 2,531,100 | 2,234,700 |
| Provision for income taxes | 550,300 | 797,700 | 741,300 |
| NET EARNINGS FROM CONTINUING OPERATIONS | 1,620,800 | 1,733,400 | 1,493,400 |
| LOSSES FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES | 0 | 0 | (1,400) |
| Provision for income taxes | 0 | 0 | (500) |
| NET LOSS FROM DISCONTINUED OPERATIONS | 0 | 0 | (900) |
| NET EARNINGS | 1,620,800 | 1,733,400 | 1,492,500 |
| Basic earnings per share (in dollars per share) | 3.68 | 3.87 | 3.27 |
| Basic earnings per share from discontinued operations (in dollars per share) | 0.00 | 0.00 | 0.00 |
| BASIC EARNINGS PER SHARE (in dollars per share) | 3.68 | 3.87 | 3.27 |
| Diluted earnings per share (in dollars per share) | 3.66 | 3.85 | 3.25 |
| Diluted earnings per share from discontinued operations (in dollars per share) | 0.00 | 0.00 | 0.00 |
| DILUTED EARNINGS PER SHARE (in dollars per share) | 3.66 | 3.85 | 3.25 |
| Basic weighted average shares outstanding (in shares) | 440,600 | 447,800 | 457,000 |
| Diluted weighted average shares outstanding (in shares) | 443,300 | 450,300 | 459,100 |
| [1] For the years ended June 30, 2018 ("fiscal 2018"), June 30, 2017 ("fiscal 2017"), and June 30, 2016 ("fiscal 2016"), Professional Employer Organization ("PEO") revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $39,140.9 million, $34,567.4 million, and $30,928.6 million, respectively. | |||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2018 | |
| 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 |