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: 2020 | |||
Statements Of Consolidated Earnings | |||
Period Ending June 30, 2020 10-K (Filed: Aug 5, 2020) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2020 | June 30, 2019 | June 30, 2018 | |
| REVENUES: | |||
| Revenues, Net | $ 9,538,100 | 9,375,800 | 8,983,400 |
| Interest on funds held for clients | 545,200 | 561,900 | 466,500 |
| PEO revenues | 4,506,500 | 4,172,500 [1] | 3,824,300 |
| TOTAL REVENUES | 14,589,800 | 14,110,200 | 13,274,200 |
| EXPENSES: | |||
| Operating expenses | 7,404,100 | 7,080,900 | 6,847,500 |
| Systems development and programming costs | 674,100 | 636,300 | 635,400 |
| Cost, Depreciation and Amortization | 366,900 | 304,400 | 274,500 |
| Cost of Goods and Services Sold | 8,445,100 | 8,021,600 | 7,757,400 |
| Selling, general, and administrative expenses | 3,003,000 | 3,064,200 | 2,959,400 |
| Interest expense | 107,100 | 129,900 | 102,700 |
| TOTAL EXPENSES | 11,555,200 | 11,215,700 | 10,819,500 |
| Other (income)/expense, net | (148,000) | (111,100) | 172,100 |
| EARNINGS BEFORE INCOME TAXES | 3,182,600 | 3,005,600 | 2,282,600 |
| Provision for income taxes | 716,100 | 712,800 | 397,700 |
| NET EARNINGS | 2,466,500 | 2,292,800 | 1,884,900 |
| Basic earnings per share (in dollars per share) | 5.73 | 5.27 | 4.28 |
| BASIC EARNINGS PER SHARE (in dollars per share) | 5.73 | 5.27 | 4.28 |
| Diluted earnings per share (in dollars per share) | 5.70 | 5.24 | 4.25 |
| DILUTED EARNINGS PER SHARE (in dollars per share) | 5.70 | 5.24 | 4.25 |
| Basic weighted average shares outstanding (in shares) | 430,800 | 435,000 | 440,600 |
| Diluted weighted average shares outstanding (in shares) | 432,700 | 437,600 | 443,300 |
| [1] For the years ended June 30, 2020 (fiscal 2020), June 30, 2019 (fiscal 2019), and June 30, 2018 (fiscal 2018), Professional Employer Organization (PEO) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $45,826.1 million, $42,688.8 million, and $39,140.9 million, respectively. | |||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2020 | |
| 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 |