10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
| |||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AUTOMATIC DATA PROCESSING INC | |||
Ticker: ADP Fiscal Year: 2019 | |||
Statements Of Consolidated Earnings | |||
Period Ending June 30, 2019 10-K (Filed: Aug 9, 2019) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2019 | June 30, 2018 | June 30, 2017 | |
| REVENUES: | |||
| Revenues, Net | $ 9,375,800 | 8,983,400 | 8,510,100 |
| Interest on funds held for clients | 561,900 | 466,500 | 397,400 |
| PEO revenues | 4,237,500 [1] | 3,877,800 | 3,464,500 |
| TOTAL REVENUES | 14,175,200 | 13,327,700 | 12,372,000 |
| EXPENSES: | |||
| Operating expenses | 7,145,900 | 6,901,000 | 6,386,200 |
| Systems development and programming costs | 636,300 | 635,400 | 632,100 |
| Cost, Depreciation and Amortization | 304,400 | 274,500 | 226,200 |
| Cost of Goods and Services Sold | 8,086,600 | 7,810,900 | 7,244,500 |
| Selling, general, and administrative expenses | 3,064,200 | 2,959,400 | 2,773,800 |
| Interest expense | 129,900 | 102,700 | 80,000 |
| TOTAL EXPENSES | 11,280,700 | 10,873,000 | 10,098,300 |
| Other (income)/expense, net | (111,100) | 172,100 | (343,200) |
| EARNINGS BEFORE INCOME TAXES | 3,005,600 | 2,282,600 | 2,616,900 |
| Provision for income taxes | 712,800 | 397,700 | 829,100 |
| NET EARNINGS | 2,292,800 | 1,884,900 | 1,787,800 |
| Basic earnings per share (in dollars per share) | 5.27 | 4.28 | 3.99 |
| BASIC EARNINGS PER SHARE (in dollars per share) | 5.27 | 4.28 | 3.99 |
| Diluted earnings per share (in dollars per share) | 5.24 | 4.25 | 3.97 |
| DILUTED EARNINGS PER SHARE (in dollars per share) | 5.24 | 4.25 | 3.97 |
| Basic weighted average shares outstanding (in shares) | 435,000 | 440,600 | 447,800 |
| Diluted weighted average shares outstanding (in shares) | 437,600 | 443,300 | 450,300 |
| [1] For the years ended June 30, 2019 ("fiscal 2019"), June 30, 2018 ("fiscal 2018"), and June 30, 2017 ("fiscal 2017"), Professional Employer Organization ("PEO") revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $42,688.8 million, $39,140.9 million, and $34,567.4 million, respectively. | |||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2019 | |
| 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 |