Insperity, Inc
(NYSE:NSP)

Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which include a range of human resources function...

Website: http://www.insperity.com

Founded: 1986

Full Time Employees: 232,553

Sector: Industrials

Industry: Staffing & Employment Services

Human Resource Services

Share this website to your friends

• Market Cap:

• Exchange:

• Shs Outstanding:

• Employees:

• Beta:

• Return on Equity (ROE) ttm:

• Return on Assets (ROA) ttm:

• EPS ttm:

• Book value per Share:

• Cash per Share:

• Current ast per Share:

• P/E ttm:

• P/E forward:

• P/E ttm high:

• P/E ttm low:

• P/S ttm:

• P/B ttm:

• P/FCF ttm:

• PEG ratio:

• Cash Ratio ttm:

• Quick Ratio ttm:

• Current Ratio ttm:

• Gross Mgn ttm:

• EBITDA Mgn ttm:

• Operating Mgn ttm:

• Net Income Mgn ttm:

• Trailing Div yield:

• Forward Div yield:

• Payout Ratio ttm:

• Ex-Dividend date:

• Target Price High:

• Target Price Low:

• Target Price Mean:

• Number of Analysts:

• Debt Ratio ttm:

• Debt to Equity ttm:

• Total Net Debt:

At a glance:

Bull Thesis:

Bear Thesis:

Main Competitors:

Moat:

Income Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31

revenues	1,895,000,000	1,668,000,000	1,623,000,000	1,658,000,000	1,863,000,000	1,613,000,000	1,561,000,000	1,605,000,000	1,802,000,000	1,580,203,000	1,550,887,000	1,585,129,000	1,769,652,000	1,489,714,000	1,439,160,000	1,432,107,000	1,577,837,000	1,291,236,000	1,209,628,000	1,185,371,000	1,286,835,000	1,056,335,000	1,007,820,000	993,366,000	1,229,483,000	1,075,090,000	1,043,388,000	1,043,316,000	1,153,010,000	966,756,000	925,126,000	922,295,000	1,014,372,000	826,494,000	795,513,000	795,552,000	882,664,000	729,069,000	702,538,000	707,332,000	802,408,000	650,011,000	626,286,000	627,838,000	699,479,000	595,865,000	560,303,000	564,621,000	636,999,000	557,133,000	539,869,000	547,274,000	611,836,000	532,438,000	511,953,000	519,256,000	595,177,000	495,114,000	471,821,000	472,903,000	536,381,000	435,526,000	414,146,000	412,418,000	457,662,000	395,897,000	390,908,000	404,312,000	461,979,000	425,985,000	421,914,000	420,469,000	456,066,000	402,081,000	383,380,000	376,758,000	407,758,000	352,629,000	338,421,000	337,778,000	360,636,000	305,550,000	285,202,000	279,884,000	298,976,000
payroll taxes, benefits and workers’ compensation costs	1,593,000,000	1,496,000,000	1,428,000,000	1,435,000,000	1,553,000,000	1,395,000,000	1,332,000,000	1,345,000,000	1,457,000,000	1,358,116,000	1,292,956,000	1,360,490,000	1,437,506,000	1,248,676,000	1,194,607,000	1,192,239,000	1,292,063,000	1,120,612,000	1,011,149,000	985,817,000	1,035,390,000	888,785,000	822,787,000	773,117,000	995,461,000	913,154,000	872,842,000	869,581,000	926,293,000	805,165,000	759,072,000	767,751,000	814,652,000	683,628,000	655,547,000	664,999,000	723,318,000	618,530,000	584,742,000	594,073,000	652,392,000	552,966,000	519,543,000	523,619,000	569,619,000	494,506,000	459,486,000	469,168,000	530,823,000	467,155,000	442,460,000	449,528,000	503,718,000	438,935,000	413,533,000	431,962,000	492,173,000	405,168,000	384,792,000	389,062,000	445,422,000	354,718,000	340,460,000	341,061,000	384,977,000	334,559,000	319,807,000	332,345,000	378,418,000	338,413,000	336,415,000	336,408,000	369,459,000	317,735,000	308,338,000	298,291,000	339,691,000	277,973,000	266,557,000	269,562,000	292,643,000	238,328,000	227,031,000	223,549,000	244,948,000
gross profit	302,000,000	172,000,000	195,000,000	223,000,000	310,000,000	218,000,000	229,000,000	260,000,000	345,000,000	222,087,000	257,931,000	224,639,000	332,146,000	241,038,000	244,553,000	239,868,000	285,774,000	170,624,000	198,479,000	199,554,000	251,445,000	167,550,000	185,033,000	220,249,000	234,022,000	161,936,000	170,546,000	173,735,000	226,717,000	161,591,000	166,054,000	154,544,000	199,720,000	142,866,000	139,966,000	130,553,000	159,346,000	110,539,000	117,796,000	113,259,000	150,016,000	97,045,000	106,743,000	104,219,000	129,860,000	101,359,000	100,817,000	95,453,000	106,176,000	89,978,000	97,409,000	97,746,000	108,118,000	93,503,000	98,420,000	87,294,000	103,004,000	89,946,000	87,029,000	83,841,000	90,959,000	80,808,000	73,686,000	71,357,000	72,685,000	61,338,000	71,101,000	71,967,000	83,561,000	87,572,000	85,499,000	84,061,000	86,607,000	84,346,000	75,042,000	78,467,000	68,067,000	74,656,000	71,864,000	68,216,000	67,993,000	67,222,000	58,171,000	56,335,000	54,028,000
yoy	-2.58%	-21.10%	-14.85%	-14.23%	-10.14%	-1.84%	-11.22%	15.74%	3.87%	-7.86%	5.47%	-6.35%	16.23%	41.27%	23.21%	20.20%	13.65%	1.83%	7.27%	-9.40%	7.45%	3.47%	8.49%	26.77%	3.22%	0.21%	2.71%	12.42%	13.52%	13.11%	18.64%	18.38%	25.34%	29.24%	18.82%	15.27%	6.22%	13.90%	10.35%	8.67%	15.52%	-4.26%	5.88%	9.18%	22.31%	12.65%	3.50%	-2.35%	-1.80%	-3.77%	-1.03%	11.97%	4.96%	3.95%	13.09%	4.12%	13.24%	11.31%	18.11%	17.50%	25.14%	31.74%	3.64%	-0.85%	-13.02%	-29.96%	-16.84%	-14.39%	-3.52%	3.82%	13.93%	7.13%	27.24%	12.98%	4.42%	15.03%	0.11%	11.06%	23.54%	21.09%	25.85%
qoq	75.58%	-11.79%	-12.56%	-28.06%	42.20%	-4.80%	-11.92%	-24.64%	55.34%	-13.90%	14.82%	-32.37%	37.80%	-1.44%	1.95%	-16.06%	67.49%	-14.03%	-0.54%	-20.64%	50.07%	-9.45%	-15.99%	-5.89%	44.52%	-5.05%	-1.84%	-23.37%	40.30%	-2.69%	7.45%	-22.62%	39.80%	2.07%	7.21%	-18.07%	44.15%	-6.16%	4.01%	-24.50%	54.58%	-9.09%	2.42%	-19.75%	28.12%	0.54%	5.62%	-10.10%	18.00%	-7.63%	-0.34%	-9.59%	15.63%	-5.00%	12.75%	-15.25%	14.52%	3.35%	3.80%	-7.83%	12.56%	9.67%	3.26%	-1.83%	18.50%	-13.73%	-1.20%	-13.87%	-4.58%	2.42%	1.71%	-2.94%	2.68%	12.40%	-4.36%	15.28%	-8.83%	3.89%	5.35%	0.33%	1.15%	15.56%	3.26%	4.27%
salaries, wages and payroll taxes	140,000,000	122,000,000	125,000,000	129,000,000	142,000,000	128,000,000	127,000,000	126,000,000	140,000,000	112,158,000	113,074,000	110,942,000	124,541,000	107,459,000	109,525,000	106,522,000	107,439,000	92,502,000	89,232,000	94,362,000	103,075,000	86,633,000	89,429,000	90,710,000	86,501,000	79,784,000	79,264,000	74,696,000	83,380,000	74,541,000	70,552,000	68,748,000	87,186,000	70,393,000	65,223,000	61,458,000	62,457,000	58,679,000	56,897,000	55,998,000	58,015,000	52,749,000	51,329,000	50,234,000	56,748,000	51,873,000	49,384,000	47,829,000	51,032,000	43,747,000	43,797,000	45,689,000	48,211,000	41,405,000	44,032,000	40,047,000	43,323,000	37,675,000	39,494,000	38,467,000	39,597,000	38,343,000	34,866,000	34,505,000	39,187,000	35,146,000	34,644,000	35,644,000	38,652,000	39,759,000	39,373,000	37,427,000	36,979,000	34,753,000	31,774,000	33,076,000	32,045,000	31,906,000	30,393,000	29,440,000	28,224,000	26,126,000	25,471,000	24,634,000	23,331,000
stock-based compensation	13,000,000	14,000,000	16,000,000	20,000,000	11,000,000	14,000,000	17,000,000	20,000,000	10,000,000	11,320,000	15,210,000	15,356,000	11,110,000	11,262,000	13,341,000	15,631,000	9,846,000	4,658,000	10,362,000	13,781,000	11,822,000	22,035,000	20,864,000	10,694,000	6,552,000	3,180,000	6,517,000	8,256,000	6,040,000	5,769,000	5,769,000	5,752,000	3,135,000	7,955,000	6,584,000	5,303,000	4,503,000	4,116,000	4,191,000	4,761,000	3,575,000	3,171,000	3,710,000	4,041,000	2,423,000	2,707,000	2,701,000	3,245,000	2,400,000	2,752,000	2,749,000	3,292,000	2,310,000	2,429,000	2,429,000	2,801,000	2,155,000	2,146,000	2,109,000	2,556,000	1,790,000	1,978,000	1,970,000	2,410,000	1,768,000	2,183,000	2,184,000	2,911,000	2,786,000	2,340,000	2,337,000	2,908,000	2,385,000	1,885,000	1,885,000	2,435,000	1,308,000	1,043,000	1,011,000	1,068,000	289,000	314,000	360,000	367,000	1,038,000
commissions	10,000,000	11,000,000	13,000,000	10,000,000	11,000,000	13,000,000	11,000,000	11,000,000	12,000,000	13,019,000	10,773,000	12,038,000	11,017,000	13,551,000	11,068,000	10,743,000	10,310,000	10,228,000	8,724,000	8,251,000	7,719,000	9,178,000	7,722,000	7,475,000	8,460,000	8,693,000	8,034,000	7,741,000	6,952,000	9,094,000	6,818,000	6,979,000	6,066,000	6,958,000	5,675,000	5,664,000	4,476,000	5,642,000	5,030,000	4,335,000	4,281,000	5,556,000	4,516,000	4,103,000	4,304,000	4,532,000	3,790,000	3,717,000	3,246,000	4,232,000	3,609,000	3,533,000	3,207,000	4,216,000	3,358,000	3,506,000	3,435,000	3,701,000	3,399,000	3,255,000	3,096,000	3,387,000	2,889,000	2,818,000	2,787,000	2,824,000	2,807,000	2,896,000	3,273,000	3,086,000	3,211,000	3,274,000	3,094,000	3,068,000	3,104,000	2,704,000	2,919,000	2,704,000	2,722,000	2,709,000	2,833,000	2,659,000	2,610,000	2,488,000	2,364,000
advertising	11,000,000	10,000,000	10,000,000	11,000,000	7,000,000	10,000,000	9,000,000	12,000,000	7,000,000	7,549,000	7,240,000	16,595,000	5,940,000	6,691,000	9,790,000	12,427,000	8,595,000	5,293,000	9,507,000	8,975,000	5,322,000	6,222,000	4,781,000	5,720,000	4,833,000	4,129,000	4,895,000	7,548,000	5,031,000	4,558,000	3,846,000	6,585,000	3,565,000	3,063,000	3,476,000	6,175,000	3,972,000	3,148,000	3,540,000	6,712,000	3,047,000	1,299,000	3,574,000	7,389,000	3,718,000	4,001,000	4,885,000	8,356,000	4,941,000	4,552,000	4,273,000	9,720,000	5,250,000	4,585,000	3,680,000	8,566,000	4,755,000	8,333,000	5,235,000	7,539,000	5,506,000	5,267,000	2,605,000	4,698,000	3,877,000	5,954,000	2,632,000	3,439,000	3,986,000	6,668,000	3,062,000	4,158,000	3,778,000	5,009,000	3,074,000	3,958,000	2,102,000	5,454,000	2,819,000	3,319,000	2,383,000	4,745,000	2,956,000	1,524,000	2,875,000
general and administrative expenses	55,000,000	49,000,000	45,000,000	49,000,000	60,000,000	57,000,000	53,000,000	57,000,000	57,000,000	44,965,000	41,504,000	43,161,000	48,034,000	40,919,000	38,115,000	36,095,000	41,005,000	32,432,000	31,134,000	29,211,000	31,636,000	27,913,000	25,646,000	24,755,000	34,853,000	30,637,000	29,773,000	29,866,000	33,162,000	28,503,000	25,294,000	27,419,000	29,852,000	25,958,000	24,513,000	24,610,000	26,192,000	20,337,000	21,318,000	21,254,000	23,784,000	20,681,000	19,191,000	20,332,000	24,055,000	18,475,000	20,295,000	21,116,000	22,732,000	19,107,000	20,567,000	20,039,000	21,986,000	15,870,000	21,122,000	18,494,000	22,078,000	17,517,000	18,912,000	17,023,000	21,893,000	15,540,000	15,546,000	14,634,000	17,494,000	15,270,000	15,111,000	14,228,000	17,772,000	17,044,000	16,642,000	16,923,000	18,739,000	16,655,000	15,576,000	14,276,000	15,946,000	12,836,000	14,722,000	13,876,000	15,975,000	13,883,000	12,476,000	12,818,000	13,783,000
depreciation and amortization	11,000,000	12,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	10,805,000	10,666,000	10,740,000	10,497,000	10,293,000	10,083,000	10,100,000	10,184,000	10,832,000	9,917,000	9,751,000	8,047,000	7,860,000	7,819,000	7,908,000	7,602,000	7,794,000	7,330,000	6,908,000	6,691,000	6,507,000	5,642,000	5,480,000	5,213,000	4,827,000	4,696,000	4,405,000	4,254,000	4,150,000	4,047,000	4,176,000	4,271,000	4,203,000	4,487,000	4,590,000	5,285,000	5,560,000	5,302,000	5,291,000	5,234,000	5,372,000	5,302,000	5,245,000	5,145,000	4,914,000	4,659,000	4,465,000	4,212,000	3,883,000	3,786,000	3,601,000	3,948,000	3,641,000	3,732,000	3,723,000	3,811,000	3,993,000	4,160,000	4,244,000	4,195,000	4,174,000	3,951,000	3,799,000	3,646,000	4,905,000	3,827,000	3,704,000	3,720,000	3,818,000	3,896,000	3,829,000	3,895,000	4,068,000	3,693,000	3,649,000	3,757,000
total operating expenses	240,000,000	218,000,000	220,000,000	230,000,000	242,000,000	233,000,000	228,000,000	237,000,000	237,000,000	199,816,000	198,467,000	208,832,000	211,139,000	190,175,000	191,922,000	191,518,000	187,379,000	155,945,000	158,876,000	164,331,000	167,621,000	159,841,000	156,261,000	147,262,000	148,801,000	134,217,000	135,813,000	135,015,000	141,256,000	128,972,000	117,921,000
operating income	62,000,000	-46,000,000	-25,000,000	-7,000,000	68,000,000	-15,000,000	1,000,000	23,000,000	108,000,000	22,271,000	59,464,000	15,807,000	121,007,000	50,863,000	52,631,000	48,350,000	98,395,000	14,679,000	39,603,000	35,223,000	83,824,000	7,709,000	28,772,000	72,987,000	85,221,000	27,719,000	34,733,000	38,720,000	85,461,000	32,619,000	48,133,000	33,581,000	64,703,000	23,712,000	29,799,000	22,938,000	53,492,000	14,467,000	22,773,000	16,023,000	53,043,000	10,026,000	19,936,000	12,217,000	23,520,000	13,009,000	14,460,000	3,414,000	16,591,000	6,874,000	17,112,000	10,228,000	22,009,000	15,893,000	19,140,000	9,415,000	23,046,000	16,691,000	14,094,000	11,400,000	15,129,000	12,652,000	12,078,000	8,569,000	3,761,000	-4,032,000	9,563,000	8,605,000	12,897,000	14,501,000	16,923,000	15,572,000	17,986,000	18,071,000	15,802,000	18,314,000	10,027,000	16,895,000	16,301,000	13,975,000	14,394,000	15,427,000	10,605,000	10,855,000	6,880,000
yoy	-8.82%	206.67%	-2600.00%	-130.43%	-37.04%	-167.35%	-98.32%	45.51%	-10.75%	-56.21%	12.98%	-67.31%	22.98%	246.50%	32.90%	37.27%	17.38%	90.41%	37.64%	-51.74%	-1.64%	-72.19%	-17.16%	88.50%	-0.28%	-15.02%	-27.84%	15.30%	32.08%	37.56%	61.53%	46.40%	20.96%	63.90%	30.85%	43.16%	0.85%	44.29%	14.23%	31.15%	125.52%	-22.93%	37.87%	257.85%	41.76%	89.25%	-15.50%	-66.62%	-24.62%	-56.75%	-10.60%	8.64%	-4.50%	-4.78%	35.80%	-17.41%	52.33%	31.92%	16.69%	33.04%	302.26%	-413.79%	26.30%	-0.42%	-70.84%	-127.80%	-43.49%	-44.74%	-28.29%	-19.76%	7.09%	-14.97%	79.38%	6.96%	-3.06%	31.05%	-30.34%	9.52%	53.71%	28.74%	109.22%
qoq	-234.78%	84.00%	257.14%	-110.29%	-553.33%	-1600.00%	-95.65%	-78.70%	384.94%	-62.55%	276.19%	-86.94%	137.91%	-3.36%	8.85%	-50.86%	570.31%	-62.93%	12.44%	-57.98%	987.35%	-73.21%	-60.58%	-14.36%	207.45%	-20.19%	-10.30%	-54.69%	162.00%	-32.23%	43.33%	-48.10%	172.87%	-20.43%	29.91%	-57.12%	269.75%	-36.47%	42.13%	-69.79%	429.05%	-49.71%	63.18%	-48.06%	80.80%	-10.03%	323.55%	-79.42%	141.36%	-59.83%	67.31%	-53.53%	38.48%	-16.96%	103.29%	-59.15%	38.07%	18.43%	23.63%	-24.65%	19.58%	4.75%	40.95%	127.84%	-193.28%	-142.16%	11.13%	-33.28%	-11.06%	-14.31%	8.68%	-13.42%	-0.47%	14.36%	-13.72%	82.65%	-40.65%	3.64%	16.64%	-2.91%	-6.70%	45.47%	-2.30%	57.78%
other income:
interest income	7,000,000	6,000,000	7,000,000	7,000,000	10,000,000	9,000,000	9,000,000	9,000,000	10,000,000	8,973,000	7,950,000	7,966,000	8,777,000	5,492,000	2,808,000	945,000	148,000	217,000	251,000	1,436,000	543,000	246,000	103,000	369,000	1,879,000	2,036,000	2,574,000	2,802,000	3,245,000	2,701,000	2,028,000	1,807,000	1,456,000	1,255,000	1,015,000	678,000	465,000	340,000	335,000	293,000	299,000																			304,000	284,000	217,000	286,000	255,000	203,000	201,000	478,000	358,000	579,000	947,000	1,727,000	1,876,000	2,507,000	2,777,000	2,957,000	2,987,000	2,997,000	2,999,000	2,567,000	3,008,000	2,809,000	2,452,000	1,645,000	1,330,000	1,122,000
interest expense	-6,000,000	-6,000,000	-6,000,000	-6,000,000	-6,000,000	-7,000,000	-7,000,000	-7,000,000	-7,000,000	-7,198,000	-7,047,000	-6,687,000	-6,205,000	-5,509,000	-4,082,000	-2,691,000	-1,925,000	-1,921,000	-1,963,000	-1,975,000	-1,599,000	-1,704,000	-1,731,000	-2,219,000	-2,362,000	-2,205,000	-2,122,000	-1,639,000	-1,681,000	-1,316,000	-1,174,000	-1,108,000	-1,070,000	-893,000	-894,000	-803,000	-623,000	-481,000	-628,000	-650,000	-637,000																																	-24,000	-26,000	-29,000	-32,000	-35,000	-14,000	-392,000	-670,000	-650,000	-594,000	-571,000	-544,000
income before income tax expense	63,000,000	-46,000,000	-24,000,000	-6,000,000	72,000,000	-13,000,000	3,000,000	25,000,000	111,000,000	24,046,000	60,367,000	17,086,000	123,579,000	50,846,000	51,357,000	46,604,000	96,618,000	12,975,000	37,891,000	34,684,000	82,768,000	6,251,000	27,144,000	71,137,000	84,738,000	27,550,000	35,185,000	39,883,000	87,025,000	34,004,000	48,987,000	34,280,000	65,089,000	24,074,000	29,920,000	22,813,000	53,334,000	14,326,000	22,480,000	15,666,000	52,705,000	9,960,000	19,955,000	12,177,000	23,527,000	13,062,000	14,503,000	3,450,000	16,612,000	6,896,000	17,137,000	7,612,000	22,087,000	16,086,000	19,279,000	9,591,000	23,334,000	16,820,000	6,838,000	11,704,000	15,413,000	12,869,000	12,364,000	8,824,000	3,964,000	-3,831,000	10,041,000		13,476,000				20,460,000				13,001,000
income tax expense	30,000,000	-13,000,000	-4,000,000	-1,000,000	21,000,000	-4,000,000		7,000,000	32,000,000	4,485,000	16,035,000	4,192,000	28,984,000	12,648,000	13,688,000	13,005,000	26,734,000	3,267,000	10,595,000	9,530,000	20,846,000	1,966,000	7,135,000	19,286,000	22,646,000	7,155,000	9,326,000	11,327,000	10,736,000	9,349,000	12,780,000	9,720,000	15,098,000	8,520,000	10,718,000	8,795,000	17,706,000	4,806,000	8,415,000	5,953,000	20,012,000	3,621,000	8,005,000	4,863,000	9,740,000	4,898,000	6,118,000	1,559,000	7,048,000	1,607,000	7,055,000	4,124,000	8,914,000	6,641,000	7,827,000	3,970,000	9,450,000	5,976,000	2,739,000	4,963,000	6,627,000	5,080,000	5,130,000	3,706,000	1,665,000	-1,022,000	4,209,000	3,578,000	5,310,000	5,752,000	6,727,000	6,454,000	7,304,000	7,128,000	6,583,000	7,627,000	4,608,000	6,624,000	6,754,000	6,087,000	6,111,000	6,190,000	4,389,000	4,336,000	2,849,000
net income	33,000,000	-33,000,000	-20,000,000	-5,000,000	51,000,000	-9,000,000	3,000,000	18,000,000	79,000,000	19,561,000	44,332,000	12,894,000	94,595,000	38,198,000	37,669,000	33,599,000	69,884,000	9,708,000	27,296,000	25,154,000	61,922,000	4,285,000	20,009,000	51,851,000	62,092,000	20,395,000	25,859,000	28,556,000	76,289,000	24,655,000	36,207,000	24,560,000	49,991,000	15,554,000	19,202,000	14,018,000	35,628,000	9,520,000	14,065,000	9,713,000	32,693,000	6,339,000	11,950,000	7,314,000	13,787,000	8,164,000	8,385,000	1,891,000	9,564,000	5,289,000	10,082,000	3,488,000	13,173,000	9,445,000	11,452,000	5,621,000	13,884,000	10,844,000	4,099,000	6,741,000	8,786,000	7,789,000	7,234,000	5,118,000	2,299,000	-2,809,000	5,832,000	5,385,000	8,166,000	9,708,000	11,929,000	10,987,000	13,156,000	13,301,000	12,154,000	13,645,000	8,393,000	13,355,000	12,113,000	10,497,000	10,541,000	10,926,000	7,183,000	7,284,000	4,590,000
yoy	-35.29%	266.67%	-766.67%	-127.78%	-35.44%	-146.01%	-93.23%	39.60%	-16.49%	-48.79%	17.69%	-61.62%	35.36%	293.47%	38.00%	33.57%	12.86%	126.56%	36.42%	-51.49%	-0.27%	-78.99%	-22.62%	81.58%	-18.61%	-17.28%	-28.58%	16.27%	52.61%	58.51%	88.56%	75.20%	40.31%	63.38%	36.52%	44.32%	8.98%	50.18%	17.70%	32.80%	137.13%	-22.35%	42.52%	286.78%	44.16%	54.36%	-16.83%	-45.79%	-27.40%	-44.00%	-11.96%	-37.95%	-5.12%	-12.90%	179.39%	-16.61%	58.02%	39.22%	-43.34%	31.71%	282.17%	-377.29%	24.04%	-4.96%	-71.85%	-128.93%	-51.11%	-50.99%	-37.93%	-27.01%	-1.85%	-19.48%	56.75%	-0.40%	0.34%	29.99%	-20.38%	22.23%	68.63%	44.11%	129.65%
qoq	-200.00%	65.00%	300.00%	-109.80%	-666.67%	-400.00%	-83.33%	-77.22%	303.86%	-55.88%	243.82%	-86.37%	147.64%	1.40%	12.11%	-51.92%	619.86%	-64.43%	8.52%	-59.38%	1345.09%	-78.58%	-61.41%	-16.49%	204.45%	-21.13%	-9.44%	-62.57%	209.43%	-31.91%	47.42%	-50.87%	221.40%	-19.00%	36.98%	-60.65%	274.24%	-32.31%	44.81%	-70.29%	415.74%	-46.95%	63.39%	-46.95%	68.88%	-2.64%	343.42%	-80.23%	80.83%	-47.54%	189.05%	-73.52%	39.47%	-17.53%	103.74%	-59.51%	28.03%	164.55%	-39.19%	-23.28%	12.80%	7.67%	41.34%	122.62%	-181.84%	-148.17%	8.30%	-34.06%	-15.88%	-18.62%	8.57%	-16.49%	-1.09%	9.44%	-10.93%	62.58%	-37.15%	10.25%	15.39%	-0.42%	-3.52%	52.11%	-1.39%	58.69%
net income per share
basic	0.88	-0.88	-0.53	-0.14	1.37	-0.21	0.07	0.48	2.11	0.53	1.17	0.34	2.49	1	0.99	0.88	1.82	0.25	0.71	0.65	1.62	0.12	0.52	1.34	1.59	0.53	0.64	0.69	1.86	0.6	0.86
diluted	0.88	-0.88	-0.53	-0.14	1.35	-0.21	0.07	0.48	2.08	0.53	1.16	0.33	2.45	0.98	0.98	0.87	1.8	0.24	0.7	0.65	1.59	0.11	0.51	1.33	1.58	0.52	0.63	0.69	1.85	0.59	0.86
less distributed and undistributed earnings allocated to participating securities														-6,750		-1,000	-47,000	9,000	-39,000	-37,000	-197,000	10,000	-104,000	-276,000	-462,000	-213,000	-284,000	-309,000	-1,031,000	-329,000	-503,000	-346,000	-585,000	-284,000	-337,000	-248,000	-781,000	-213,000	-330,000	-229,000	-664,000	-159,000	-303,000	-179,000	-355,000	-1,426,000	-243,000	-139,000	-282,000	-147,000	-289,000	-124,000	-383,000
net income allocated to common shares														35,281,250	37,669,000	33,598,000	69,837,000	9,717,000	27,257,000	25,117,000	61,725,000	4,295,000	19,905,000	51,575,000	61,630,000	20,182,000	25,575,000	28,247,000	75,258,000	24,326,000	35,704,000	24,214,000	49,406,000	15,270,000	18,865,000	13,770,000	34,847,000	9,307,000	13,735,000	9,484,000	32,029,000	6,180,000	11,647,000	7,135,000	13,432,000	6,738,000	8,142,000	1,752,000	9,282,000	5,142,000	9,793,000	3,364,000	12,790,000	9,119,000	11,118,000	5,459,000	13,482,000	10,518,000	3,979,000		8,522,000
direct costs:
operating expenses:
operating expenses: - sum																																120,963,000	135,017,000	119,154,000	110,167,000	107,615,000	105,854,000	96,072,000	95,023,000	97,236,000	96,973,000	87,019,000	86,807,000	92,002,000	106,340,000	88,350,000	86,357,000	92,039,000	89,585,000	83,104,000	80,297,000	87,518,000	86,109,000	77,610,000	79,280,000	77,879,000	79,958,000	73,255,000	72,935,000	72,441,000	75,830,000	68,156,000	61,608,000	62,788,000	68,924,000	65,370,000	61,538,000	63,362,000	70,664,000	73,071,000	68,576,000	68,489,000	68,621,000	66,275,000	59,240,000	60,153,000	58,040,000	57,761,000	55,563,000	54,241,000	53,599,000	51,795,000	47,566,000	45,480,000	47,148,000
basic net income per share of common stock																																0.59	1.2	-1.27	0.92	0.67	1.69	0.46	0.66	0.45	1.53	0.26	0.48	0.29	0.54	0.27	0.33	0.07	0.37	0.2	0.39	0.14	0.51	0.37	0.45	0.22	0.54	0.41	0.16	0.25	0.33	0.3	0.28	0.2	0.09	-0.11	0.23	0.22	0.33	0.39	0.47	0.43	0.52	0.51	0.46	0.51	0.31	0.48	0.44	0.38	0.39	0.42	0.28	0.28	0.18
diluted net income per share of common stock																																0.58	1.18	-1.26	0.91	0.66	1.69	0.45	0.66	0.45	1.53	0.26	0.48	0.29	0.54	0.27	0.33	0.07	0.37	0.21	0.39	0.14	0.51	0.36	0.45	0.22	0.54	0.42	0.16	0.25	0.33	0.3	0.28	0.2	0.09	-0.11	0.23	0.22	0.33	0.39	0.46	0.43	0.51	0.5	0.45	0.5	0.3	0.47	0.43	0.37	0.37	0.4	0.26	0.28	0.18
impairment charges and other																																										-640,000		1,313,000	9,807,000
interest																																										31,000	3,000	-8,000	7,000	26,000	9,000	24,000	47,000	3,000	26,000	60,000	69,000	147,000	142,000	156,000	164,000	140,000	245,000
other																																										-97,000	16,000	-32,000		27,000	34,000	12,000	-26,000	19,000	-1,000	-2,676,000	9,000	46,000	-3,000	20,000	124,000	-11,000	-7,501,000											78,000	6,000	-7,000	-33,000	-395,000	4,000		9,000	120,000	13,000	-7,000	119,000	-113,000	-84,000	6,000	-19,000
impairment charge																																														621,250		2,485,000
other income: - sum																																																						150,750	139,000	176,000
less net income allocated to participating securities																																																						-224,500	-334,000	-162,000	-402,000	-326,000	-120,000		-264,000
less net income allocated to common shares																																																												-199,000
net income allocated to participating securities																																																												6,542,000
income before income taxes																																																																				8,963,000		14,139,250	18,656,000	17,441,000		13,252,500	18,737,000	21,272,000		13,025,750	18,867,000	16,584,000		7,657,750	11,572,000	11,620,000
net income before income tax expense																																																																																	16,652,000				7,439,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31

assets
cash and cash equivalents	537,000,000	642,000,000	422,000,000	441,000,000	551,000,000	1,039,000,000	470,000,000	676,000,000	667,000,000	692,873,000	678,588,000	580,093,000	696,588,000	732,828,000	562,143,000	510,869,000	576,654,000	575,812,000	467,921,000	455,387,000	494,777,000	554,846,000	372,356,000	459,399,000	404,728,000	367,342,000	243,439,000	324,926,000	398,936,000	326,773,000	328,299,000	308,711,000	354,641,000	354,260,000	285,934,000	241,890,000	303,850,000	286,034,000	223,550,000	271,573,000	318,848,000	269,538,000	201,085,000	167,728,000	228,588,000	276,456,000	179,458,000	168,889,000	213,518,000	225,755,000	161,842,000	178,493,000	227,432,000	264,544,000	202,218,000	180,590,000	234,548,000	211,208,000	169,910,000	265,191,000	277,805,000	234,829,000	207,930,000	169,382,000	212,469,000	227,085,000	194,666,000	181,590,000	196,583,000	252,190,000	189,470,000	158,637,000	159,311,000	135,793,000	114,926,000	118,933,000	141,001,000	148,416,000	107,185,000	108,713,000	150,929,000	137,407,000	108,818,000	140,241,000	123,930,000	81,740,000
restricted cash	80,000,000	82,000,000	79,000,000	76,000,000	74,000,000	69,000,000	67,000,000	64,000,000	61,000,000	57,403,000	51,263,000	48,002,000	48,113,000	49,779,000	51,829,000	53,329,000	49,429,000	46,929,000	47,813,000	46,128,000	46,353,000	45,522,000	45,265,000	45,216,000	48,349,000	49,295,000	45,251,000	43,268,000	44,705,000	42,227,000	42,257,000	41,827,000	41,137,000	41,137,000	41,748,000	41,703,000	42,458,000	42,637,000	41,779,000	41,226,000	40,281,000	37,418,000	43,056,000	48,887,000	45,152,000	44,040,000	57,222,000	53,441,000	52,162,000	51,928,000	50,317,000	47,467,000	47,374,000	47,149,000	46,069,000	44,580,000	45,068,000	44,737,000	42,812,000	41,331,000	40,807,000	41,204,000	39,661,000	37,744,000	36,236,000	36,436,000	35,422,000	35,276,000	35,103,000	36,466,000	35,689,000	34,320,000	34,729,000	35,318,000	36,195,000	35,792,000	36,643,000	37,405,000	34,858,000	31,224,000	29,116,000	27,580,000	25,730,000	22,138,000	20,140,000	18,511,000
marketable securities	18,000,000	18,000,000	18,000,000	15,000,000	17,000,000	16,000,000	16,000,000	16,000,000	16,000,000	15,905,000	13,837,000	35,998,000	35,535,000	33,068,000	34,493,000	30,781,000	32,610,000	31,791,000	32,697,000	34,597,000	34,292,000	34,529,000	33,994,000	31,952,000	19,508,000	34,728,000	60,880,000	61,129,000	53,599,000	60,781,000	37,576,000	7,207,000	1,928,000	1,960,000	1,950,000	1,929,000	1,841,000	1,851,000	1,820,000	1,881,000	1,894,000	9,875,000	9,754,000	21,648,000	28,840,000	28,631,000	45,953,000	43,431,000	46,897,000	46,340,000	47,400,000	52,686,000	51,397,000	16,904,000	51,702,000	57,182,000	56,981,000	56,987,000	55,394,000	37,598,000	42,267,000	43,367,000	43,101,000	40,949,000	26,596,000	6,037,000				225,000	226,000	3,831,000	25,942,000	74,880,000	89,034,000	86,348,000	90,525,000	85,617,000	81,763,000	80,459,000	63,617,000	57,973,000	46,854,000	27,921,000	28,163,000	27,950,000
accounts receivable	880,000,000	826,000,000	894,000,000	843,000,000	834,000,000	829,000,000	765,000,000	740,000,000	724,000,000	693,878,000	656,695,000	605,065,000	607,313,000	622,764,000	558,700,000	685,857,000	670,223,000	513,306,000	579,503,000	595,836,000	561,244,000	392,746,000	528,712,000	473,935,000	520,745,000	465,779,000	483,890,000	424,135,000	421,297,000	400,623,000
prepaid insurance and related assets	67,000,000	6,000,000	17,000,000	41,000,000	56,000,000	25,000,000	31,000,000	34,000,000	37,000,000	7,013,000	21,260,000	22,747,000
income taxes receivable	30,000,000	29,000,000	35,000,000	11,000,000	8,000,000							11,588,000				5,684,000		12,413,000	5,584,000	5,128,000	3,451,000					3,691,000	11,684,000	11,456,000					2,695,000	9,824,000	878,000	6,878,000		4,949,000	4,084,000	6,690,000							2,740,000	7,730,000	9,040,000	409,000							617,000	2,902,000	989,000	976,000		1,808,000		3,333,000	3,335,000	2,692,000								3,918,000		48,000		3,193,000	1,768,000	2,365,000	1,207,000		6,816,000	2,576,000		489,000
funds held for clients and other current assets	118,000,000	119,000,000	89,000,000	90,000,000	114,000,000	107,000,000	84,000,000	91,000,000	114,000,000	128,220,000
total current assets	1,730,000,000	1,722,000,000	1,554,000,000	1,517,000,000	1,654,000,000	2,085,000,000	1,433,000,000	1,621,000,000	1,619,000,000	1,595,292,000	1,477,680,000	1,363,637,000	1,518,074,000	1,511,873,000	1,289,006,000	1,410,645,000	1,431,914,000	1,244,848,000	1,206,468,000	1,201,289,000	1,251,505,000	1,077,268,000	1,048,858,000	1,068,647,000	1,079,280,000	974,746,000	893,743,000	919,177,000	980,081,000	866,536,000	846,162,000	749,787,000	801,013,000	778,935,000	671,039,000	599,032,000	650,476,000	640,322,000	548,664,000	611,481,000	636,393,000	542,048,000	568,464,000	551,594,000	633,593,000	569,509,000	573,651,000	534,275,000	598,037,000	565,317,000	509,418,000	510,301,000	561,159,000	551,465,000	535,909,000	487,916,000	549,366,000	522,788,000	459,343,000	514,561,000	553,269,000	498,088,000	467,143,000	458,475,000	472,065,000	418,221,000	419,904,000	414,668,000	433,002,000	449,620,000	433,890,000	386,659,000	409,754,000	413,411,000	407,606,000	382,312,000	408,872,000	415,079,000	362,953,000	334,775,000	363,589,000	338,561,000	300,956,000	287,250,000	282,553,000	214,309,000
property and equipment	172,000,000	177,000,000	180,000,000	182,000,000	186,000,000	192,000,000	190,000,000	186,000,000	191,000,000	197,424,000	190,672,000	192,829,000	196,382,000	199,992,000	196,601,000	199,322,000	205,064,000	210,723,000	212,322,000	219,611,000	220,262,000	216,256,000	196,210,000	177,762,000	160,297,000	147,706,000	134,956,000	120,828,000	116,131,000	117,213,000	100,681,000
right-of-use (“rou”) leased assets	60,000,000	63,000,000	65,000,000	66,000,000	67,000,000	65,000,000	66,000,000	55,000,000	56,000,000	57,438,000	53,949,000	52,165,000	53,303,000		56,626,000	59,149,000	61,629,000		63,673,000	66,463,000	67,688,000		60,682,000
prepaid health insurance	9,000,000		9,000,000	9,000,000	9,000,000		9,000,000	9,000,000	9,000,000		9,000,000	9,000,000	9,000,000		9,000,000	9,000,000	9,000,000		9,000,000	9,000,000	9,000,000		9,000,000	9,000,000	9,000,000		9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	11,000,000	11,000,000
deposits – health insurance	8,000,000		8,000,000	8,000,000	8,000,000		8,000,000	8,000,000	8,000,000		7,900,000	7,900,000	7,900,000		7,900,000	7,900,000	7,900,000		7,900,000	7,900,000	7,900,000		7,900,000	8,100,000	8,100,000		6,600,000	6,600,000	6,200,000		5,300,000	5,300,000	5,300,000	5,300,000	5,300,000	5,300,000	4,700,000	4,700,000	4,700,000	4,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,700,000	3,000,000	3,000,000	3,000,000	3,000,000	2,840,000	2,840,000	2,640,000	2,640,000	2,640,000	2,640,000	2,640,000	2,640,000	2,640,000	2,640,000		2,785,000		2,785,000
deposits – workers’ compensation	156,000,000		147,000,000	174,000,000	171,000,000		175,000,000	170,000,000	204,000,000		197,466,000	180,982,000	211,226,000		179,014,000	166,077,000	190,756,000		208,236,000	203,612,000	193,067,000		181,634,000	177,944,000	188,549,000		170,032,000	187,728,000	170,905,000		152,268,000	165,150,000	160,840,000	154,215,000	142,821,000	157,850,000	150,441,000	143,938,000	134,588,000	130,731,000	139,873,000	136,462,000	121,172,000	110,877,000	115,640,000	113,934,000	93,686,000	90,032,000	84,871,000	81,878,000	75,112,000	69,947,000	67,528,000	64,201,000	57,588,000	56,377,000	55,665,000	52,320,000	46,728,000	45,724,000	53,722,000	51,731,000	47,472,000	46,176,000	58,981,000		53,107,000		60,560,000			65,530,000			41,737,000	35,645,000				42,936,000		55,421,000		48,814,000	60,056,000	52,264,000
goodwill and other intangible assets	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,707,000	12,708,000	12,711,000	12,714,000	12,717,000	12,720,000	12,723,000	12,726,000	12,729,000	12,732,000	12,741,000	12,762,000	12,783,000	12,838,000	12,963,000	13,088,000	13,213,000	13,338,000	13,463,000	13,588,000	13,780,000	14,006,000	14,232,000	14,457,000	14,808,000	15,152,000	18,036,000	18,434,000	22,275,000	22,775,000	23,274,000	23,775,000	27,131,000	27,565,000	27,999,000	28,433,000	28,867,000	29,280,000	29,541,000	21,251,000	22,467,000	12,840,000	8,380,000	8,487,000	8,584,000	8,690,000	8,492,000	8,595,000	8,855,000	8,948,000	4,751,000	4,785,000	4,820,000	4,854,000	4,888,000	4,922,000	4,957,000	4,991,000	4,985,000	5,018,000
deferred income taxes		22,000,000	3,000,000	22,000,000	10,000,000	34,000,000	19,000,000	15,000,000	6,000,000	20,347,000	10,066,000	10,837,000		15,533,000	748,000			4,892,000	1,653,000	442,000		9,603,000				3,956,000	157,000	556,000	145,000	8,816,000	4,874,000	4,538,000		4,283,000	8,205,000	5,560,000	10,297,000	14,025,000	9,771,000	7,562,000	11,998,000	16,976,000	5,692,000	3,537,000		6,316,000				8,185,000	3,451,000	4,125,000	3,110,000	7,211,000	940,000	2,851,000		3,233,000	1,751,000	108,000		1,267,000	170,000			2,578,000		1,506,000	1,494,000	1,956,000	3,237,000	2,790,000	2,480,000		2,878,000	196,000	3,894,000	2,492,000	1,816,000	3,931,000	2,264,000	3,308,000	2,311,000	184,000	2,171,000
other assets	48,000,000	41,000,000	33,000,000	27,000,000	25,000,000	13,000,000	20,000,000	18,000,000	20,000,000	21,381,000	37,030,000	35,210,000	31,381,000	29,354,000	29,904,000	28,106,000	21,107,000	15,158,000	12,093,000	7,060,000	6,955,000	4,548,000	6,291,000	6,151,000	6,010,000	5,975,000	6,732,000	6,197,000	5,534,000	4,851,000	5,663,000	5,533,000	5,513,000	3,541,000	4,484,000	3,650,000	2,978,000	1,840,000	2,213,000	2,012,000	1,768,000	1,379,000	1,488,000	1,773,000	1,753,000	1,725,000	1,748,000	1,845,000	1,812,000	1,816,000	1,920,000	2,085,000	4,600,000	4,817,000	4,879,000	4,868,000	4,163,000	4,134,000	1,440,000	1,131,000	1,007,000	1,108,000	1,131,000	1,107,000	1,112,000	1,059,000	1,165,000	1,170,000	1,387,000	1,266,000	659,000	739,000	820,000	794,000	954,000	969,000	476,000	504,000	678,000	711,000	970,000	865,000	1,145,000	1,197,000	645,000	679,000
total assets	2,196,000,000	2,203,000,000	2,012,000,000	2,018,000,000	2,143,000,000	2,597,000,000	1,933,000,000	2,095,000,000	2,126,000,000	2,119,659,000	1,996,470,000	1,865,267,000	2,039,973,000	2,039,261,000	1,781,506,000	1,892,906,000	1,940,077,000	1,753,085,000	1,734,052,000	1,728,084,000	1,769,084,000	1,584,276,000	1,523,282,000	1,517,733,000	1,522,408,000	1,394,996,000	1,292,122,000	1,316,995,000	1,350,978,000	1,191,816,000	1,136,677,000	1,051,068,000	1,091,467,000	1,063,695,000	947,372,000	885,888,000	928,528,000	907,174,000	794,886,000	846,495,000	880,510,000	784,912,000	780,093,000	753,048,000	840,621,000	796,670,000	779,358,000	737,256,000	799,389,000	766,560,000	710,469,000	708,318,000	760,711,000	750,200,000	730,434,000	682,057,000	741,630,000	712,259,000	636,470,000	683,542,000	728,646,000	659,845,000	626,207,000	607,750,000	630,452,000	576,470,000	578,097,000	571,719,000	602,962,000	616,840,000	594,685,000	559,877,000	572,976,000	560,651,000	546,419,000	514,859,000	560,940,000	561,515,000	506,467,000	480,844,000	529,662,000	495,439,000	428,100,000	414,519,000	421,824,000	354,638,000
liabilities and stockholders' equity
accounts payable	6,000,000	6,000,000	8,000,000	6,000,000	8,000,000	10,000,000	6,000,000	7,000,000	6,000,000	10,693,000	7,207,000	6,807,000	9,491,000	7,732,000	5,466,000	6,034,000	7,826,000	6,412,000	4,250,000	4,063,000	5,841,000	6,203,000	6,016,000	2,885,000	6,240,000	4,565,000	5,373,000	6,548,000	7,854,000	10,622,000	5,316,000	4,123,000	5,517,000	6,447,000	3,070,000	3,132,000	4,542,000	4,189,000	4,034,000	3,546,000	5,213,000	5,381,000	2,613,000	2,383,000	3,061,000	4,674,000	3,255,000	1,821,000	2,591,000	2,678,000	3,311,000	2,605,000	2,202,000	3,660,000	3,088,000	2,873,000	3,437,000	5,085,000	2,659,000	2,424,000	2,628,000	3,309,000	2,194,000	1,327,000	1,869,000	1,857,000	2,103,000	872,000	1,213,000	3,007,000	4,476,000	3,663,000	4,457,000	5,236,000	4,600,000	3,307,000	3,345,000	3,802,000	3,392,000	3,946,000	4,315,000	4,979,000	3,453,000	1,685,000	2,177,000	2,380,000
payroll taxes and other payroll deductions payable	471,000,000	544,000,000	334,000,000	366,000,000	457,000,000	901,000,000	297,000,000	504,000,000	489,000,000	566,373,000	518,061,000	401,682,000	495,585,000	556,085,000	352,129,000	303,645,000	384,767,000	467,892,000	232,862,000	262,975,000	310,519,000	377,960,000	178,052,000	219,492,000	268,245,000	277,248,000	180,617,000	244,694,000	308,062,000	261,166,000	204,086,000	213,432,000	276,573,000	303,247,000	185,456,000	189,940,000	249,847,000	247,766,000	162,076,000	141,213,000	202,355,000	205,393,000	116,257,000	122,875,000	176,667,000	176,341,000	105,026,000	109,164,000	163,985,000	165,604,000	102,288,000	129,682,000	183,511,000	178,534,000	107,932,000	122,590,000	177,991,000	168,652,000	104,204,000	98,210,000	151,563,000	145,096,000	79,402,000	78,103,000	119,042,000	127,597,000	67,818,000	74,469,000	106,938,000	123,666,000	80,270,000	76,116,000	111,127,000	113,929,000	85,533,000	89,641,000	121,298,000	116,926,000	80,489,000	82,491,000	111,419,000	101,293,000	67,977,000	59,917,000	81,875,000	64,471,000
accrued worksite employee payroll costs	818,000,000	764,000,000	774,000,000	716,000,000	718,000,000	730,000,000	650,000,000	627,000,000	622,000,000	559,194,000	559,931,000	523,504,000	525,312,000
accrued health insurance costs	67,000,000	30,000,000	31,000,000	57,000,000	68,000,000	19,000,000	46,000,000	42,000,000	71,000,000	46,460,000	50,760,000	34,282,000	78,722,000	53,402,000	64,858,000	62,643,000	61,399,000	50,001,000	40,366,000	29,064,000	72,136,000	32,685,000	44,639,000	29,714,000	46,841,000	21,180,000	33,239,000	20,376,000	45,832,000	35,153,000	33,458,000	24,127,000	46,795,000	26,075,000	34,543,000	26,579,000	24,043,000	26,360,000	20,707,000	26,920,000	7,737,000	13,643,000	12,661,000	6,284,000	25,589,000	18,329,000	26,351,000	21,324,000	25,708,000	5,103,000	6,824,000	5,274,000	7,484,000	13,942,000	22,522,000	9,868,000	9,200,000	9,427,000	5,209,000	12,425,000	17,291,000	15,419,000	10,415,000	10,929,000	11,614,000	6,374,000	4,914,000	6,127,000	7,405,000	14,715,000	13,486,000	15,328,000	14,126,000	19,297,000	13,945,000	9,045,000	4,615,000	2,824,000	4,013,000	3,863,000	5,573,000	3,495,000	4,799,000	2,398,000	5,824,000	1,991,000
accrued workers’ compensation costs	82,000,000	84,000,000	81,000,000	79,000,000	76,000,000	71,000,000	70,000,000	67,000,000	64,000,000	60,475,000	55,005,000	51,451,000	51,878,000	53,485,000	57,023,000	58,142,000	53,290,000	50,534,000	51,368,000	49,845,000	49,696,000	48,186,000	47,956,000	48,618,000	52,311,000	52,868,000	48,927,000	47,122,000	47,973,000	45,818,000	45,773,000	45,376,000	43,788,000	42,974,000	44,011,000	43,939,000	44,283,000	44,231,000	43,930,000	43,294,000	42,229,000	39,053,000	45,798,000	50,841,000	47,225,000	45,592,000	59,393,000	54,744,000	53,387,000	52,930,000	52,312,000	50,281,000	49,902,000	49,484,000	48,369,000	45,320,000	47,094,000	46,548,000	45,316,000	42,926,000	42,286,000	42,081,000	54,291,000	54,474,000	53,122,000	37,049,000	36,152,000	37,061,000	36,676,000	38,028,000	37,530,000	36,731,000	36,882,000	37,150,000	38,093,000	37,384,000	37,973,000	39,035,000	36,391,000	33,262,000	31,114,000	30,212,000	27,822,000	24,124,000	21,610,000	19,349,000
accrued corporate payroll and commissions	53,000,000	78,000,000	74,000,000	52,000,000	49,000,000	82,000,000	79,000,000	59,000,000	55,000,000	64,286,000	65,082,000	49,437,000	48,365,000	89,147,000	81,278,000	69,775,000	43,279,000	74,778,000	69,621,000	63,901,000	41,720,000	44,277,000	39,925,000	41,507,000	21,610,000	52,612,000	39,414,000	37,820,000	27,562,000	60,704,000	43,849,000	41,059,000	27,785,000	52,595,000	34,703,000	28,566,000	16,821,000	40,761,000	28,446,000	24,375,000	21,017,000	39,103,000	34,654,000	25,836,000	23,068,000	32,644,000	26,474,000	17,477,000	16,225,000	21,611,000	22,186,000	17,265,000	15,523,000	23,537,000	21,819,000	13,474,000	13,703,000	22,383,000	22,296,000	19,764,000	13,152,000	23,743,000	18,767,000	16,960,000	11,096,000	16,178,000	15,079,000	15,119,000	10,754,000	25,692,000	18,993,000	16,241,000	10,392,000	20,123,000	13,239,000	12,670,000	6,836,000	21,381,000	14,422,000	12,256,000	7,399,000	17,801,000				11,031,000
client funds liability and other accrued liabilities	91,000,000	114,000,000	80,000,000	81,000,000	90,000,000	117,000,000	77,000,000	72,000,000	84,000,000	128,808,000
total current liabilities	1,588,000,000	1,620,000,000	1,382,000,000	1,357,000,000	1,466,000,000	1,930,000,000	1,233,000,000	1,383,000,000	1,406,000,000	1,436,289,000	1,321,357,000	1,135,684,000	1,302,959,000	1,353,370,000	1,121,248,000	1,246,600,000	1,286,595,000	1,128,573,000	1,004,181,000	1,002,689,000	1,044,351,000	904,924,000	841,070,000	840,563,000	888,458,000	869,045,000	761,212,000	769,848,000	850,389,000	772,332,000	697,258,000	654,791,000	709,629,000	726,481,000	579,341,000	543,370,000	590,947,000	600,958,000	484,865,000	541,547,000	590,427,000	487,711,000	492,064,000	462,763,000	531,745,000	496,451,000	454,535,000	412,630,000	474,892,000	436,687,000	386,681,000	391,790,000	447,459,000	435,759,000	395,956,000	354,447,000	413,446,000	396,226,000	330,250,000	362,318,000	412,431,000	353,609,000	329,919,000	314,213,000	341,950,000	290,594,000	290,340,000	289,025,000	328,082,000	351,207,000	324,982,000	301,637,000	326,461,000	316,231,000	297,414,000	263,295,000	289,318,000	286,678,000	249,472,000	227,780,000	254,452,000	245,326,000	203,091,000	211,134,000	232,842,000	166,809,000
accrued workers’ compensation costs, net of current	104,000,000	102,000,000	107,000,000	113,000,000	122,000,000	135,000,000	140,000,000	146,000,000	155,000,000	162,852,000	170,609,000	179,577,000	181,364,000	179,629,000	174,664,000			192,694,000
long-term debt	369,000,000	369,000,000	369,000,000	369,000,000	369,000,000	369,000,000	369,000,000	369,000,000	369,000,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	369,400,000	269,400,000	239,400,000	169,400,000	144,400,000	144,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000	104,400,000																																						1,316,000	1,464,000	32,756,000	33,190,000	33,620,000	34,045,000	34,468,000	34,890,000
operating lease liabilities, net of current	61,000,000	66,000,000	67,000,000	67,000,000	67,000,000	66,000,000	66,000,000	55,000,000	56,000,000	57,494,000	51,985,000	50,087,000	51,622,000	55,587,000	55,691,000	58,916,000	62,119,000	64,192,000	65,979,000	69,736,000	71,716,000	64,289,000	64,436,000	60,815,000	61,623,000	58,863,000	60,132,000	54,617,000	50,371,000
total noncurrent liabilities	541,000,000	537,000,000	543,000,000	549,000,000	558,000,000	570,000,000	575,000,000	570,000,000	580,000,000	589,746,000	591,994,000	599,064,000	603,582,000	604,616,000	599,755,000	611,174,000	619,521,000	626,286,000	632,865,000	638,133,000	651,089,000	635,220,000	641,573,000	632,532,000	637,260,000	521,872,000	489,922,000	412,258,000	381,395,000	341,808,000	287,499,000	278,417,000	279,006,000	270,893,000	266,091,000	258,815,000	251,194,000	245,691,000	240,441,000	240,081,000	234,731,000	124,746,000	112,088,000	98,938,000	95,775,000	96,123,000	76,815,000	77,256,000	77,181,000	76,601,000	75,049,000	75,051,000	73,864,000	73,536,000	74,231,000	75,078,000	71,709,000	70,826,000	67,768,000	70,131,000	67,948,000	65,841,000	64,530,000	63,452,000	63,472,000	62,716,000	60,961,000	62,658,000	60,383,000	57,154,000	51,736,000	50,803,000	49,191,000	45,745,000	46,262,000	47,327,000	46,963,000	46,392,000	42,894,000	42,084,000	70,535,000	67,684,000	65,614,000	65,620,000	62,893,000	61,300,000
commitments and contingencies
common stock	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000	555,000		277,000	277,000	277,000		277,000	277,000	277,000		308,000	308,000	308,000		308,000	308,000	308,000		308,000	308,000	308,000		309,000	309,000	309,000		309,000	309,000	309,000		309,000	309,000	309,000		309,000	309,000	309,000		309,000	309,000	309,000		309,000	309,000	309,000		309,000	309,000	309,000		309,000	309,000	309,000
additional paid-in capital	244,000,000	257,000,000	244,000,000	228,000,000	209,000,000	222,000,000	208,000,000	191,000,000	172,000,000	185,031,000	173,307,000	157,526,000	142,002,000	151,144,000	139,370,000	125,622,000	110,053,000	109,179,000	104,587,000	94,396,000	81,329,000	95,528,000	74,598,000	54,783,000	46,327,000	48,141,000	46,401,000	41,009,000	33,833,000	36,752,000	32,047,000	27,363,000	22,648,000	25,337,000	20,439,000	15,462,000	11,817,000	9,240,000	7,047,000	4,428,000	2,061,000	144,701,000	143,951,000	142,681,000	140,963,000	137,769,000	136,972,000	136,505,000	135,838,000	135,653,000	134,781,000	134,349,000	133,898,000	133,207,000	136,688,000	136,762,000	136,670,000	135,871,000	136,111,000	136,193,000	136,217,000	135,607,000	136,004,000	136,584,000	136,957,000	138,551,000	138,360,000	138,751,000	138,984,000	139,415,000	138,847,000	138,977,000	138,780,000	138,640,000	138,681,000	138,457,000	137,687,000	135,942,000	135,108,000	133,857,000	128,045,000	119,573,000	112,490,000	104,568,000	102,918,000	101,623,000
treasury stock	-826,000,000	-850,000,000	-852,000,000	-853,000,000	-855,000,000	-864,000,000	-853,000,000	-838,000,000	-826,000,000	-830,524,000	-830,988,000	-744,788,000	-735,219,000	-725,532,000	-716,046,000	-709,810,000	-681,625,000	-665,089,000	-645,993,000	-635,627,000	-628,391,000	-626,984,000	-620,638,000	-592,313,000		-544,102,000				-357,569,000		-263,764,000	-257,898,000	-256,363,000	-247,956,000	-248,266,000	-234,225,000	-227,152,000	-211,662,000	-205,018,000	-207,798,000	-205,325,000	-200,043,000	-176,817,000	-151,599,000	-148,465,000	-151,091,000	-147,706,000	-150,039,000	-138,688,000	-141,401,000	-142,468,000	-144,998,000	-133,950,000	-138,784,000	-139,467,000	-134,198,000	-134,647,000	-134,697,000	-121,964,000	-122,031,000	-124,464,000	-129,111,000	-127,498,000	-131,160,000	-135,712,000	-138,021,000	-142,662,000	-146,361,000	-147,952,000	-131,454,000	-133,572,000	-135,368,000	-123,600,000	-108,949,000	-98,091,000	-66,259,000	-55,405,000	-58,073,000	-50,300,000	-42,823,000	-45,614,000	-52,054,000	-60,019,000	-64,144,000	-63,925,000
retained earnings	648,000,000	638,000,000	694,000,000	736,000,000	764,000,000	738,000,000	769,000,000	788,000,000	793,000,000	738,553,000	740,245,000	717,226,000	726,094,000	655,190,000	636,624,000	618,765,000	604,978,000	553,590,000	637,857,000	627,938,000	620,151,000	575,028,000	586,124,000	581,613,000	545,295,000	499,473,000	490,949,000	477,155,000	460,903,000	397,947,000	381,505,000	353,706,000	337,527,000	296,797,000	329,180,000	316,230,000	308,518,000	278,163,000	273,918,000	265,180,000	260,812,000	232,771,000	231,720,000	225,175,000	223,424,000	214,481,000	261,795,000	258,222,000	261,183,000	255,970,000	255,028,000	249,291,000	250,148,000	241,324,000	261,964,000	254,870,000	253,635,000	243,650,000	236,677,000	236,496,000	233,737,000	228,922,000	224,512,000	220,651,000	218,937,000	220,009,000	226,148,000	223,638,000	221,565,000	216,707,000	210,265,000	201,720,000	193,589,000	183,321,000	172,924,000	163,703,000	153,048,000	147,730,000	136,887,000	127,286,000	119,309,000	111,245,000	102,213,000	96,902,000	91,432,000	88,649,000
total stockholders' equity	67,000,000	46,000,000	87,000,000	112,000,000	119,000,000	97,000,000	125,000,000	142,000,000	140,000,000	93,624,000	83,119,000	130,519,000
total liabilities and stockholders’ equity	2,196,000,000	2,203,000,000	2,012,000,000	2,018,000,000	2,143,000,000	2,597,000,000	1,933,000,000	2,095,000,000	2,126,000,000	2,119,659,000	1,996,470,000	1,865,267,000	2,039,973,000	2,039,261,000	1,781,506,000	1,892,906,000	1,940,077,000	1,753,085,000	1,734,052,000	1,728,084,000	1,769,084,000	1,584,276,000	1,523,282,000	1,517,733,000	1,522,408,000	1,394,996,000	1,292,122,000	1,316,995,000	1,350,978,000	1,191,816,000	1,136,677,000	1,051,068,000	1,091,467,000	1,063,695,000	947,372,000	885,888,000	928,528,000	907,174,000	794,886,000	846,495,000	880,510,000	784,912,000	780,093,000	753,048,000	840,621,000	796,670,000	779,358,000	737,256,000	799,389,000	766,560,000	710,469,000	708,318,000	760,711,000	750,200,000	730,434,000	682,057,000	741,630,000	712,259,000	636,470,000	683,542,000	728,646,000	659,845,000	626,207,000	607,750,000	630,452,000	576,470,000	578,097,000	571,719,000	602,962,000	616,840,000	594,685,000	559,877,000	572,976,000	560,651,000	546,419,000	514,859,000	560,940,000	561,515,000	506,467,000	480,844,000	529,662,000	495,439,000	428,100,000	414,519,000	421,824,000	354,638,000
deposits and prepaid health insurance		165,000,000				195,000,000				215,070,000				213,270,000				201,927,000				203,231,000				193,013,000
stockholders' equity:
preferred stock
income taxes payable							8,000,000	5,000,000	15,000,000		428,000		13,813,000		455,000		3,784,000						6,286,000	28,537,000	4,718,000						61,000	6,984,000					8,668,000				13,527,000		4,976,000	1,652,000	280,000						57,000	39,000	4,774,000		3,987,000	1,429,000					798,000		682,000														913,000								5,735,000
accumulated other comprehensive income, net of tax										9,000				-82,000				-9,000				5,000				12,000				-9,000				-5,000				-3,000					5,000		5,000	3,000	24,000	41,000	26,000	29,000	23,000	-3,000	32,000	16,000	70,000	58,000	59,000	24,000	52,000	59,000	35,000	21,000	44,000	39,000	-13,000	3,000						3,000		5,000										-182,000	-200,000
other current assets											56,037,000	60,144,000	79,860,000	61,728,000	51,473,000	71,186,000	80,282,000	53,312,000	53,293,000	47,070,000	53,718,000	39,461,000	33,772,000	34,651,000	40,425,000	43,493,000	26,438,000	29,794,000	36,616,000	27,721,000	24,274,000	22,640,000	28,385,000	26,991,000	19,260,000	17,993,000	23,095,000	19,526,000	18,426,000	18,554,000	28,448,000	17,135,000	15,279,000	15,522,000	21,080,000	17,649,000	12,851,000	13,076,000	19,228,000	12,053,000	10,097,000	9,384,000	13,759,000	9,651,000	8,133,000	8,133,000	11,529,000	11,488,000	10,967,000	9,745,000	11,943,000	8,528,000	8,614,000	8,106,000	10,547,000	6,317,000	10,598,000	9,302,000	10,401,000	6,735,000	9,471,000	8,455,000	7,869,000	6,273,000	8,257,000	6,978,000	6,838,000	4,573,000	6,934,000	6,006,000	5,096,000	4,664,000	6,671,000	4,439,000	3,959,000	3,981,000
other accrued liabilities											64,883,000	68,521,000	79,793,000	80,122,000	65,053,000	83,599,000	86,627,000	69,303,000	70,824,000	62,960,000	61,105,000	60,777,000	46,400,000	60,742,000	51,729,000	58,713,000	42,185,000	39,756,000	49,244,000	28,890,000	24,600,000	24,094,000	27,697,000	27,741,000	20,856,000	22,658,000	25,555,000	22,437,000	23,170,000	24,823,000	30,693,000	20,250,000	23,139,000	24,801,000	25,347,000	22,444,000	23,008,000	19,460,000	25,685,000	14,960,000	15,561,000	14,415,000	15,348,000	12,478,000	13,975,000	14,008,000	14,092,000	13,814,000	19,778,000	15,493,000	17,663,000	14,264,000	14,035,000	12,575,000	10,700,000	8,401,000	9,351,000	8,657,000	11,554,000	9,495,000	9,783,000	8,922,000	7,826,000	8,395,000	8,349,000	7,746,000	7,886,000	7,309,000	8,840,000	7,414,000	7,699,000	7,453,000	20,209,000	18,093,000	15,574,000	6,430,000
prepaid insurance													50,665,000	11,706,000	30,368,000	52,939,000	22,716,000	11,285,000	19,657,000	17,143,000	57,670,000	10,164,000	34,759,000	23,494,000	45,525,000	10,418,000	22,161,000	24,469,000	24,928,000	8,411,000	13,755,000	17,648,000	35,679,000	10,782,000	18,978,000	27,070,000	15,097,000	15,041,000	17,596,000	26,545,000	11,554,000	7,417,000	20,177,000	16,459,000	36,660,000	21,301,000	30,613,000	24,813,000	34,793,000	10,638,000	17,349,000	17,742,000	16,887,000	15,620,000	23,739,000	18,152,000	24,662,000	21,300,000	15,182,000	24,523,000	24,385,000	24,978,000	15,769,000	21,919,000	10,903,000	14,484,000	11,370,000	18,342,000	18,985,000	28,911,000	23,220,000	21,758,000	22,404,000	22,395,000	13,409,000	12,009,000	3,958,000	10,660,000	10,049,000	5,100,000	9,235,000	9,218,000	17,351,000	11,582,000	7,495,000	14,428,000
total stockholders’ equity													133,432,000	81,275,000	60,503,000	35,132,000	33,961,000	-1,774,000	97,006,000	87,262,000	73,644,000	44,132,000	40,639,000	44,638,000		4,079,000	40,988,000	134,889,000	119,194,000	77,676,000	151,920,000	117,860,000	102,832,000	66,321,000	101,940,000	83,703,000	86,387,000	60,525,000	69,580,000	64,867,000	55,352,000	172,455,000	175,941,000	191,347,000	213,101,000	204,096,000	248,008,000	247,370,000	247,316,000	253,272,000	248,739,000	241,477,000	239,388,000	240,905,000	260,247,000	252,532,000	256,475,000	245,207,000	238,452,000	251,093,000	248,267,000	240,395,000	231,758,000	230,085,000	225,030,000	223,160,000	226,796,000	220,036,000	214,497,000	208,479,000	217,967,000	207,437,000	197,324,000	198,675,000	202,743,000	204,237,000	224,659,000	228,445,000	214,101,000	210,980,000	204,675,000	182,429,000	159,395,000	137,765,000	126,089,000	126,529,000
right-of-use “rou” leased assets														56,532,000				62,830,000				60,663,000
liabilities and stockholders’ equity
accrued worksite employee payroll cost														513,397,000	494,986,000	662,762,000	645,623,000	409,653,000	534,890,000	529,881,000	503,334,000	334,836,000	471,796,000	409,068,000	436,764,000	401,859,000	411,457,000	373,532,000	363,862,000	329,979,000	340,115,000	295,596,000	281,474,000	267,402,000	256,702,000	228,556,000	217,188,000	215,214,000	202,502,000	277,376,000	267,656,000	161,917,000	251,966,000	228,091,000	223,564,000	192,396,000	211,028,000	188,640,000	187,311,000	173,801,000	184,142,000	172,229,000	168,715,000	150,070,000	174,264,000	144,885,000	144,840,000	130,317,000	130,788,000	171,076,000	166,260,000	109,697,000	163,453,000	152,687,000	150,156,000	93,138,000	151,868,000	145,009,000	150,240,000	129,954,000	156,350,000	140,201,000	137,643,000	110,406,000	130,669,000	102,896,000	105,857,000	94,818,000	101,352,000	83,986,000	85,221,000	78,393,000	74,833,000	103,243,000	98,385,000	59,277,000
stockholders’ equity
accrued workers’ compensation cost, net of current																173,686,000	182,888,000		191,193,000	192,703,000	190,336,000		196,247,000	197,501,000	197,633,000		190,390,000	188,241,000	186,624,000
other accrued liabilities, net of current																			6,293,000	6,294,000	6,294,000	6,292,000	8,689,000	4,104,000
stockholders’ equity:
right-of-use leased assets																								57,421,000	58,461,000	56,886,000	58,185,000	54,189,000	50,259,000
deposits																														172,674,000
current assets:
accounts receivable, net:
trade																															3,402,000	4,066,000	3,923,000	12,292,000	3,396,000	2,775,000	4,806,000	13,107,000	2,918,000	3,977,000	2,393,000	7,691,000	3,450,000	3,185,000	3,740,000	12,010,000	3,730,000	3,459,000	2,933,000	7,453,000	2,062,000	2,743,000	2,465,000	6,931,000	2,255,000	2,765,000	3,601,000	7,893,000	2,069,000	1,601,000	1,332,000	1,194,000	1,443,000	824,000	603,000	2,899,000	669,000	1,219,000	1,158,000	4,908,000	2,684,000	2,594,000	2,069,000	3,299,000	2,339,000	2,298,000	3,787,000	8,157,000	2,816,000	2,128,000	1,857,000	5,225,000	899,000	1,004,000	857,000	610,000
unbilled																															392,122,000	344,685,000	329,672,000	318,431,000	295,667,000	255,184,000	255,734,000	254,999,000	235,588,000	236,422,000	229,646,000	190,715,000	265,197,000	258,940,000	252,931,000	160,154,000	237,748,000	216,602,000	216,360,000	199,628,000	214,210,000	194,985,000	196,141,000	181,040,000	198,197,000	166,030,000	167,785,000	158,508,000	154,256,000	128,302,000	148,194,000	134,187,000	141,996,000	166,445,000	161,465,000	106,601,000	159,216,000	160,974,000	168,098,000	116,173,000	170,376,000	153,955,000	154,999,000	125,318,000	138,325,000	117,583,000	120,103,000	112,432,000	113,795,000	93,212,000	98,244,000	91,258,000	85,880,000	76,011,000	76,788,000	65,149,000
other																															4,477,000	3,003,000	2,953,000	3,258,000	3,228,000	3,610,000	3,595,000	2,178,000	2,903,000	4,613,000	3,329,000	2,259,000	4,774,000	3,506,000	3,107,000	2,952,000	3,336,000	2,834,000	3,106,000	2,928,000	2,690,000	2,676,000	2,594,000	2,415,000	2,656,000	7,633,000	4,575,000	4,532,000	6,013,000	5,186,000	6,536,000	6,726,000	8,459,000	9,773,000	9,911,000	13,092,000	7,963,000	7,197,000	2,674,000	4,012,000	2,754,000	3,109,000	2,431,000	6,217,000	2,243,000	2,127,000	2,123,000	2,134,000	1,969,000	1,637,000	2,024,000	1,928,000	1,937,000	1,154,000	1,550,000	1,451,000
accounts receivable, net: - sum																															400,001,000
noncurrent assets:
other assets:
total other assets																															189,834,000	202,253,000	193,394,000	189,101,000	182,593,000	194,198,000	190,379,000	186,591,000	173,485,000	167,343,000	179,802,000	181,105,000	153,606,000	143,312,000	147,913,000	142,816,000	122,942,000	119,729,000	117,419,000	114,828,000	112,007,000	106,807,000	107,402,000	104,793,000	101,598,000	100,650,000	99,667,000	96,527,000	88,675,000	87,775,000	95,910,000	85,730,000	82,710,000	71,763,000	80,113,000	77,075,000	74,641,000	71,546,000	82,224,000	77,881,000	71,530,000	94,772,000	84,156,000	69,299,000	59,322,000	53,279,000	72,795,000	65,316,000	61,653,000	61,799,000	83,070,000	73,258,000	62,464,000	61,930,000	72,620,000	71,272,000
total noncurrent assets																															290,515,000
current liabilities:
noncurrent liabilities:
property and equipment:
land																																6,215,000	6,215,000	6,215,000	6,215,000	6,215,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	5,214,000	4,806,000	4,115,000	4,115,000	4,115,000	4,115,000	4,115,000	3,653,000	3,653,000	3,653,000	3,653,000	3,653,000	3,653,000	3,260,000	3,260,000	3,260,000	3,260,000	3,260,000	3,260,000	3,260,000	3,260,000	3,260,000	3,260,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000	2,920,000
buildings and improvements																																98,332,000	96,972,000	95,615,000	95,162,000	94,318,000	94,038,000	90,151,000	83,306,000	77,715,000	73,919,000	70,273,000	73,931,000	72,315,000	71,008,000	70,471,000	68,471,000	68,453,000	67,817,000	67,939,000	68,363,000	68,695,000	69,012,000	68,583,000	69,868,000	69,255,000	68,727,000	67,496,000	66,673,000	65,999,000	65,109,000	64,953,000	64,731,000	64,806,000	64,759,000	64,692,000	64,756,000	64,581,000	63,912,000	63,016,000	62,640,000	62,679,000	62,051,000	61,620,000	61,306,000	60,742,000	60,229,000	60,120,000	59,592,000	59,490,000	58,780,000	58,264,000	58,522,000	57,204,000	57,038,000	57,005,000
computer hardware and software																																108,665,000	106,847,000	105,060,000	101,761,000	101,003,000	98,660,000	97,311,000	94,901,000	93,458,000	92,291,000	90,654,000	88,325,000	89,525,000	89,367,000	89,204,000	87,631,000	87,192,000	85,181,000	85,241,000	84,684,000	84,102,000	82,801,000	81,140,000	78,836,000	79,460,000	77,287,000	76,105,000	76,174,000	74,911,000	72,277,000	67,714,000	66,874,000	66,413,000	64,326,000	65,980,000	67,951,000	67,138,000	67,666,000	67,198,000	66,294,000	65,866,000	66,697,000	65,518,000	65,738,000	63,824,000	61,818,000	61,375,000	61,411,000	61,711,000	59,819,000	58,194,000	54,721,000	53,266,000	51,317,000	50,765,000
software development costs																																65,348,000	62,385,000	60,568,000	58,819,000	56,584,000	54,030,000	51,956,000	50,320,000	48,634,000	47,121,000	45,762,000	44,525,000	43,439,000	41,987,000	41,314,000	40,628,000	39,847,000	39,161,000	38,522,000	38,137,000	37,184,000	36,284,000	35,866,000	35,431,000	34,347,000	33,519,000	32,699,000	29,778,000	28,804,000	28,113,000	27,482,000	26,854,000	26,204,000	25,794,000	25,372,000	24,939,000	24,181,000	23,580,000	23,162,000	23,068,000	22,405,000	21,972,000	21,624,000	21,830,000	21,393,000	20,902,000	20,588,000	20,069,000	19,463,000	19,207,000	18,435,000	18,779,000	18,677,000	18,622,000	18,622,000
furniture, fixtures and other																																44,603,000	43,393,000	42,891,000	42,509,000	41,826,000	40,685,000	38,483,000	38,256,000	40,195,000	39,972,000	39,919,000	38,800,000	38,704,000	38,641,000
property and equipment: - sum																																323,163,000	315,812,000	310,349,000	304,466,000	299,946,000	292,627,000	283,115,000	271,997,000	265,216,000	258,517,000	251,822,000	250,795,000	249,197,000	246,217,000	280,686,000	274,678,000	273,023,000	269,234,000	268,175,000	268,296,000	266,803,000	264,803,000	262,300,000	260,262,000	259,083,000	255,259,000	251,952,000	247,208,000	239,944,000	235,202,000	230,097,000	228,198,000	227,096,000	224,465,000	226,327,000	227,584,000	225,854,000	225,498,000	223,491,000	221,426,000	209,036,000	208,042,000	205,595,000	205,441,000	201,663,000	198,465,000	197,631,000	196,094,000	195,614,000	191,916,000	188,927,000	168,865,000	166,115,000	163,959,000	163,449,000
accumulated depreciation and amortization																																-224,135,000	-218,752,000	-214,690,000	-210,726,000	-207,288,000	-204,954,000	-202,854,000	-199,260,000	-197,545,000	-194,202,000	-190,063,000	-192,772,000	-191,055,000	-187,102,000	-196,341,000	-191,913,000	-189,771,000	-185,301,000	-181,760,000	-179,252,000	-175,593,000	-172,653,000	-168,358,000	-167,335,000	-165,592,000	-162,662,000	-159,008,000	-158,756,000	-158,738,000	-155,735,000	-154,070,000	-151,844,000	-149,584,000	-146,191,000	-145,153,000	-144,032,000	-140,349,000	-137,762,000	-134,152,000	-132,161,000	-130,590,000	-128,976,000	-127,654,000	-125,950,000	-122,395,000	-119,192,000	-116,511,000	-114,233,000	-111,344,000	-108,913,000	-105,307,000
total property and equipment																																99,028,000	97,060,000	95,659,000	93,740,000	92,658,000	87,673,000	80,261,000	72,737,000	67,671,000	64,315,000	61,759,000	58,023,000	58,142,000	59,115,000	84,345,000	82,765,000	83,252,000	83,933,000	86,415,000	89,044,000	91,210,000	92,150,000	93,942,000	92,927,000	93,491,000	92,597,000	92,944,000	88,452,000	81,206,000	79,467,000	76,027,000	76,354,000	77,512,000	78,274,000	81,174,000	83,552,000	85,505,000	87,736,000	89,339,000	89,265,000	78,446,000	79,066,000	77,941,000	79,491,000	79,268,000	79,273,000	81,120,000	81,861,000	84,270,000	83,003,000	83,620,000	64,680,000	65,339,000	66,651,000	69,057,000
preferred stock, par value 0.01 per share...
shares authorized – 20,000
shares issued and outstanding – none
common stock, par value 0.01 per share...
shares authorized – 60,000
shares issued – 55,489 at december 31, 2017 and 2016																																		555,000
income tax payable																																										2,971,000				4,031,000								4,054,000													3,055,000		1,435,000	4,157,000	217,000	993,000	888,000		2,369,000
shares issued – 27,744 and 30,758 at december 31, 2016 and 2015, respectively																																						277,000
aircraft																																														35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,879,000	35,866,000	35,866,000	35,806,000	31,441,000	31,442,000	31,524,000	31,524,000	31,524,000	31,524,000	31,524,000	31,524,000	31,523,000	31,523,000	31,548,000	31,548,000	22,032,000	21,909,000	21,909,000
shares issued – 30,758 at december 31, 2015 and 2014																																										308,000
assets held for sale																																												12,182,000	13,495,000
furniture and fixtures																																														38,604,000	36,855,000	36,438,000	36,390,000	36,479,000	37,118,000	36,828,000	36,712,000	36,717,000	36,595,000	36,489,000	36,207,000	36,133,000	35,124,000	35,136,000	35,001,000	35,164,000	34,955,000	34,889,000	34,802,000	35,499,000	35,154,000	35,171,000	35,557,000	35,307,000	34,956,000	33,134,000	32,493,000	32,004,000	31,556,000	30,693,000	30,505,000	30,537,000	29,964,000	29,892,000	29,030,000	28,748,000	28,568,000	28,484,000	28,424,000	28,412,000
shares issued – 30,758 at december 31, 2014 and 2013																																														308,000
shares issued – 30,758 at december 31, 2013 and 2012																																																		308,000
shares issued – 30,758 and 30,839 at december 31, 2012 and 2011, respectively																																																						308,000
shares issued – 30,839 at december 31, 2011 and 2010																																																										309,000
shares issued – 30,839 at december 31, 2010 and 2009																																																														309,000
accrued workers’ compensation claims and other costs																																																															40,971,000	39,073,000	37,143,000
deposits — health insurance																																																																		2,785,000		2,785,000		2,585,000				2,811,000				2,461,000
deposits — workers’ compensation																																																																		55,744,000		49,901,000		56,435,000	50,431,000		58,674,000	51,909,000			53,720,000	46,429,000	42,857,000		64,029,000		49,365,000
shares authorized — 20,000
shares issued and outstanding — none
shares authorized — 60,000
shares issued — 30,839 at december 31, 2009 and 2008																																																																		309,000
income tax receivable																																																																				768,000
capital lease obligations																																																																				205,000	373,000		59,000	205,000		537,000
accounts receivable:
current portion of capital lease obligations																																																																						537,000	640,000	652,000	640,000	629,000	617,000	606,000	595,000
shares authorized - 20,000
shares authorized - 60,000
shares issued - 30,839 at december 31, 2008 and 2007, respectively																																																																						309,000
deposits — healthcare																																																																							2,585,000		3,061,000				2,711,000		2,161,000		2,086,000		954,000
deposits – healthcare																																																																								2,705,000			2,811,000	2,811,000				2,161,000		954,000		919,000	17,500,000	18,329,000
capital leases obligations																																																																									373,000
accumulated other comprehensive loss, net of tax																																																																									14,000		-222,000	-141,000	-126,000	-131,000	-130,000	-172,000	-165,000	-153,000	-151,000			-127,000
shares authorized — 20,000 shares issued and outstanding — none
shares authorized — 60,000 shares issued — 30,839 at december 31, 2007 and 2006, respectively																																																																										309,000
vehicles and aircraft																																																																											22,091,000	22,091,000	22,091,000	22,091,000	22,138,000	22,138,000	22,160,000	22,366,000	5,355,000	5,564,000	5,638,000	5,725,000
capital leases obligations, net of current portion																																																																											618,000	857,000	1,013,000
current portion of long-term debt and capital leases																																																																														583,000
long-term debt and capital leases																																																																														1,166,000
shares issued — 30,839 at december 31, 2006 and 2005, respectively																																																																														309,000
deferred compensation expense																																																																																		-2,931,000	-3,412,000	-3,813,000	-4,226,000
current portion of long-term debt																																																																															573,000	562,000	1,712,000	1,700,000	1,687,000	1,674,000	1,662,000	1,649,000
shares issued – 30,839 at december 31, 2005 and 2004, respectively																																																																																		309,000
accumulated depreciation																																																																																			-104,185,000	-100,776,000	-97,308,000	-94,392,000
shares issued and outstanding - none
shares issued - 30,839 at december 31, 2004 and 2003, respectively																																																																																						309,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31

cash flows from operating activities
net income	33,000,000	-33,000,000	-20,000,000	-5,000,000	51,000,000	-9,000,000	3,000,000	18,000,000	79,000,000	19,561,000	44,332,000	12,894,000	94,595,000	38,198,000	37,669,000	33,599,000	69,884,000	9,708,000	27,296,000	25,154,000	61,922,000	4,285,000	20,009,000	51,851,000	62,092,000	20,395,000	25,859,000	28,556,000	76,289,000	24,655,000	36,207,000	24,560,000	49,991,000	15,554,000	19,202,000	14,018,000	35,628,000	9,520,000	14,065,000	9,713,000	32,693,000	6,339,000	11,950,000	7,314,000	13,787,000	8,164,000	8,385,000	1,891,000	9,564,000	5,289,000	10,082,000	3,488,000	13,173,000	9,445,000	11,452,000	5,621,000	13,884,000	10,844,000	4,099,000	6,741,000	8,786,000	7,789,000	7,234,000	5,118,000	2,299,000	-2,809,000	5,832,000	5,385,000	8,166,000	9,708,000	11,929,000	10,987,000	13,156,000	13,301,000	12,153,000	13,645,000	8,393,000	13,355,000	12,113,000	10,497,000	10,541,000	10,926,000	7,183,000	7,284,000	4,590,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	11,000,000	12,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	10,805,000	10,666,000	10,740,000	10,497,000	10,293,000	10,083,000	10,100,000	10,184,000	10,832,000	9,917,000	9,751,000	8,047,000	7,860,000	7,819,000	7,908,000	7,602,000	7,794,000	7,330,000	6,908,000	6,691,000	6,507,000	5,642,000	5,480,000	5,213,000	4,827,000	4,696,000	4,405,000	4,254,000	4,150,000	4,047,000	4,176,000	4,271,000	4,203,000	4,487,000	4,590,000	5,285,000	5,560,000	5,288,000	5,279,000	5,260,000	5,341,000	5,315,000	5,242,000	5,135,000	4,847,000	4,684,000	4,440,000	4,212,000	3,883,000	3,789,000	3,598,000	3,948,000	3,684,000	3,059,000	4,132,000	4,075,000	3,999,000	4,159,000	4,225,000	4,178,000	4,156,000	3,932,000	3,796,000	3,657,000	5,302,000	3,823,000	3,707,000	3,716,000	3,764,000	3,833,000	4,043,000	3,891,000	4,158,000	3,771,000	3,737,000	3,816,000
stock-based compensation	13,000,000	14,000,000	16,000,000	20,000,000	11,000,000	14,000,000	17,000,000	20,000,000	10,000,000	11,320,000	15,210,000	15,356,000	11,110,000	11,262,000	13,341,000	15,631,000	9,846,000	4,658,000	10,362,000	13,781,000	11,822,000	22,035,000	20,864,000	10,694,000	6,552,000	3,180,000	6,517,000	8,256,000	6,040,000	5,769,000	5,769,000	5,752,000	3,135,000	7,955,000	6,584,000	5,303,000	4,503,000	4,116,000	4,191,000	4,761,000	3,575,000	3,171,000	3,710,000	4,041,000	2,423,000	2,707,000	2,701,000	3,245,000	2,400,000	2,752,000	2,749,000	3,292,000	2,310,000	2,429,000	2,429,000	2,801,000	2,155,000	2,146,000	2,109,000	2,556,000	1,790,000	1,978,000	1,970,000	2,410,000	1,768,000	2,183,000	2,184,000	2,911,000	2,786,000	2,340,000	2,337,000	2,908,000	2,385,000	1,885,000	1,885,000	2,435,000	1,308,000	1,043,000	1,011,000	1,068,000	289,000	314,000	360,000	367,000	1,038,000
deferred income taxes	29,000,000	-19,000,000	19,000,000	-12,000,000	24,000,000	-15,000,000	-4,000,000	-9,000,000	14,000,000	-10,281,000	771,000	-12,033,000	16,729,000	-14,785,000	-9,920,000	4,058,000	10,006,000	-3,239,000	-1,211,000	-13,785,000	22,946,000	-12,404,000	2,089,000	-7,892,000	12,560,000	-3,799,000	399,000	-411,000	8,671,000	-3,942,000	-336,000	-7,371,000	7,116,000	3,922,000	-2,645,000	4,737,000	3,728,000	-4,254,000	-2,209,000	4,436,000	4,978,000	-6,829,000	-2,654,000	-10,844,000	5,594,000	-6,032,000	-476,000	-1,612,000	6,387,000	-5,438,000	869,000	-971,000	3,252,000	-8,002,000	1,258,000	-4,340,000	5,341,000	50,000	-1,475,000	-633,000	2,012,000	-513,000	-2,881,000	2,017,000	2,556,000	-1,573,000	-3,119,000	-19,000	314,000	1,401,000	1,031,000	782,000	2,149,000	3,998,000	-2,702,000	4,320,000	-1,246,000	272,000	3,474,000	-818,000	1,276,000	-5,902,000	2,048,000	2,056,000	-3,424,000
changes in operating assets and liabilities:
accounts receivable	-54,000,000	68,000,000	-51,000,000	-9,000,000	-5,000,000	-64,000,000	-25,000,000	-16,000,000	-30,000,000	-37,183,000	-51,630,000	2,248,000	15,451,000	-64,064,000	127,157,000	-15,634,000	-156,917,000	66,197,000	16,802,000	-35,061,000	-168,498,000	135,966,000	-54,777,000	46,810,000	-54,966,000	18,111,000	-59,755,000	-2,838,000	-20,674,000	-622,000	-48,247,000	-15,206,000	-2,567,000	-31,690,000	-40,722,000	2,566,000	6,149,000	-28,875,000	3,603,000	-9,644,000	-34,703,000	72,756,000	-7,790,000	-5,853,000	-84,662,000	69,698,000	-21,919,000	-496,000	-12,390,000	8,953,000	-18,558,000	796,000	-10,814,000	12,722,000	-26,680,000	-467,000	-5,028,000	-8,595,000	-27,249,000	20,973,000	-13,955,000	9,791,000	25,785,000	-5,063,000	-49,387,000	45,256,000	1,542,000	2,540,000	-46,837,000	50,721,000	-16,156,000	-159,000	-24,665,000	8,073,000	-20,899,000	4,005,000	-3,290,000	-4,143,000	-21,603,000	5,148,000	-3,714,000	-9,868,000	-10,506,000	873,000	-12,160,000
prepaid insurance and related assets	-61,000,000	11,000,000	24,000,000	15,000,000	-31,000,000	6,000,000	3,000,000	3,000,000	-30,000,000	14,247,000	1,487,000
other current assets	-19,000,000			17,000,000	-16,000,000	-1,000,000	4,000,000	16,000,000	-27,000,000	-14,799,000	18,000	12,088,000	-11,522,000	-7,045,000	19,713,000	9,096,000	-26,970,000	-19,000	-6,223,000	6,648,000	-14,257,000	-5,689,000	879,000	5,774,000	3,068,000	-17,055,000	3,356,000	6,820,000	-8,893,000	-3,447,000	-1,634,000	5,753,000	-1,402,000	-7,731,000	-1,267,000	5,076,000	-3,543,000	-1,100,000	128,000	9,894,000	-11,313,000	-1,879,000	266,000	5,559,000	-3,432,000	-4,798,000	225,000	6,152,000	-7,175,000	-1,956,000	-713,000	4,375,000	-4,108,000	-1,518,000	0	3,396,000	-41,000	-523,000	-1,122,000	2,198,000	-3,415,000	86,000	-438,000	2,441,000	-4,230,000	3,286,000	-301,000	1,099,000	-3,666,000	2,736,000	-1,016,000	-586,000	-1,596,000	1,811,000	-1,279,000	-140,000	-2,265,000	2,361,000	-928,000	-910,000	-432,000	1,983,000	-2,216,000	-330,000	772,000
other assets and rou assets	-4,000,000	-3,000,000	0	2,000,000	-8,000,000	12,000,000	2,000,000	6,000,000	5,000,000	19,783,000	2,112,000	-28,000	1,656,000	3,742,000	2,339,000	-2,736,000	-1,588,000	203,000	-1,254,000	3,899,000	1,508,000	4,863,000	3,883,000	3,576,000	3,403,000
accounts payable		-2,000,000	2,000,000	-2,000,000	-2,000,000	4,000,000	-1,000,000	1,000,000	-5,000,000	3,486,000	400,000	-2,684,000	1,759,000	2,266,000	-568,000	-1,792,000	1,414,000	2,162,000	187,000	-1,778,000	-362,000	187,000	3,131,000	-3,355,000	1,675,000	-808,000	-1,175,000	-1,306,000	-2,768,000	5,306,000	1,193,000	-1,394,000	-930,000	3,377,000	-62,000	-1,410,000	353,000	155,000	488,000	-1,667,000	-168,000	2,768,000	230,000	-678,000	-1,613,000	1,419,000	1,434,000	-770,000	-87,000	-633,000	706,000	403,000	-1,458,000	572,000	215,000	-564,000	-1,648,000	2,426,000	235,000	-204,000	-681,000	1,115,000	551,000	-542,000	12,000	-246,000	1,231,000	-341,000	-1,794,000	-1,469,000	813,000	-794,000	-779,000	636,000	1,293,000	-38,000	-457,000	410,000	-554,000	-369,000	-664,000	1,526,000	1,768,000	-492,000	-953,000
payroll taxes and other payroll deductions payable	-73,000,000	210,000,000	-32,000,000	-91,000,000	-444,000,000	604,000,000	-207,000,000	15,000,000	-77,000,000	48,312,000	116,379,000	-93,903,000	-60,500,000	203,956,000	48,484,000	-81,122,000	-83,125,000	235,030,000	-30,113,000	-47,544,000	-67,441,000	199,908,000	-41,440,000	-48,753,000	-9,003,000	96,631,000	-64,077,000	-63,368,000	46,896,000	57,080,000	-9,346,000	-63,141,000	-26,674,000	117,791,000	-4,484,000	-59,907,000	2,081,000	85,690,000	20,863,000	-61,142,000	-3,038,000	89,136,000	-6,618,000	-53,792,000	326,000	71,315,000	-4,138,000	-54,821,000	-1,619,000	63,316,000	-27,394,000	-53,829,000	4,977,000	70,626,000	-14,642,000	-55,401,000	9,339,000	64,448,000	5,994,000	-53,353,000	6,467,000	65,694,000	1,299,000	-40,939,000	-8,555,000	59,779,000	-6,651,000	-32,469,000	-16,728,000	43,396,000	4,154,000	-35,011,000	-2,802,000	28,396,000	-4,108,000	-31,657,000	4,372,000	36,437,000	-2,002,000	-28,928,000	10,126,000	33,316,000	8,060,000	-21,958,000	17,404,000
accrued worksite employee payroll costs	54,000,000	-10,000,000	58,000,000	-2,000,000	-12,000,000	80,000,000	23,000,000	5,000,000	63,000,000	-737,000	36,427,000	-1,808,000	11,915,000		-167,776,000
accrued health insurance costs	37,000,000	-1,000,000	-26,000,000	-11,000,000	49,000,000			-29,000,000	25,000,000	-4,300,000	16,478,000	-44,440,000	25,320,000	-11,456,000	2,215,000	1,244,000	11,398,000	9,635,000	11,302,000	-43,072,000	39,451,000	-11,954,000	14,925,000	-17,127,000	25,661,000	-12,059,000	12,863,000	-25,456,000	10,679,000	1,695,000	9,331,000	-22,668,000	20,720,000	-8,468,000	7,964,000	2,536,000	-2,317,000	5,653,000	-6,213,000	19,183,000	-5,906,000	982,000	6,377,000	-19,305,000	7,260,000	-8,022,000	5,027,000	-4,384,000	20,605,000	-1,721,000	1,550,000	-2,210,000	-6,458,000	-8,580,000	12,654,000	668,000	-227,000	4,218,000	-7,216,000	-4,865,000	1,871,000	5,004,000	-514,000	-685,000	5,240,000	1,460,000	-1,213,000	-1,278,000	-7,310,000	1,229,000	-2,813,000	12,305,000	-15,303,000	1,988,000	2,023,000	-1,721,000	1,791,000	-1,986,000	2,153,000	-1,823,000	188,000	-1,973,000	1,277,000	-4,641,000	3,833,000
accrued workers’ compensation costs		-2,000,000	-4,000,000	-6,000,000	-8,000,000	-4,000,000	-3,000,000	-6,000,000	-4,000,000	-2,287,000	-5,414,000	-2,214,000	128,000	1,427,000	-141,000	-4,350,000	-7,050,000	667,000	13,000	2,516,000	-3,393,000	-779,000	-1,916,000	-3,824,000	3,467,000	7,160,000	3,954,000	766,000	1,367,000	4,358,000	9,479,000	3,832,000	6,094,000	3,765,000	7,348,000	7,277,000	5,555,000	5,551,000	996,000	6,415,000	8,761,000	5,913,000	8,107,000	6,779,000	5,360,000	5,238,000	4,695,000	3,035,000	2,837,000	4,987,000	2,031,000	379,000	418,000	2,187,000	2,849,000	1,835,000	547,000	2,778,000	1,163,000	2,521,000	2,329,000	2,549,000	1,715,000	3,282,000	1,202,000	2,642,000	-1,988,000	2,691,000	1,101,000		1,294,000	1,157,000	2,607,000		-53,000	-681,000	-498,000		2,703,000	4,145,000	3,960,000		4,545,000	5,581,000	5,347,000
accrued corporate payroll, commissions and other accrued liabilities	-32,000,000	0	17,000,000	-3,000,000	-37,000,000			-5,000,000	-15,000,000	-1,863,000	10,656,000	-7,722,000	-45,691,000	7,457,000	-12,061,000	18,396,000	-18,971,000	-7,712,000	8,731,000	19,118,000	-5,421,000	11,475,000	-12,965,000	27,258,000	-46,531,000	29,189,000	48,000	778,000	-23,656,000	20,828,000	3,296,000	9,671,000	-24,854,000	24,777,000	4,335,000	8,848,000	-20,822,000	12,693,000	2,084,000	-2,162,000	-9,465,000	2,936,000	8,518,000	124,000	-7,473,000	5,606,000	12,545,000	-4,974,000	5,340,000	-3,294,000	5,853,000	1,975,000	-3,978,000	198,000	9,670,000	-2,153,000	-5,362,000	-5,527,000	7,193,000	5,109,000	-8,646,000	4,705,000	1,345,000	6,289,000	-2,783,000	602,000	621,000	1,468,000	-12,879,000	5,571,000	3,613,000	7,365,000	-10,300,000	6,931,000	1,171,000	5,694,000	-13,968,000
income taxes payable/receivable	-1,000,000	6,000,000	-24,000,000	-3,000,000	-26,000,000	10,000,000	3,000,000	-10,000,000	12,000,000	2,153,000	12,016,000	-25,401,000	6,864,000	6,494,000	6,139,000	-9,468,000	16,197,000	-6,829,000	-456,000	-1,677,000	-5,345,000	-4,392,000	-22,251,000	23,819,000	8,409,000	7,993,000	-228,000	-12,879,000	498,000	864,000	-6,923,000	9,679,000	7,129,000	-8,946,000	6,000,000	-15,546,000	13,617,000	-865,000	2,606,000	-20,217,000	10,556,000	-1,307,000	3,091,000	1,139,000	-3,983,000	6,611,000	4,985,000	1,315,000	-8,872,000	-524,000	-42,000	-4,797,000	538,000	-137,000	2,439,000	1,923,000	2,167,000	-2,076,000	-83,000	-1,925,000	2,487,000	-2,517,000	4,005,000	-11,000	-1,428,000	-5,757,000	3,798,000	-2,562,000	-3,406,000	3,930,000	-1,672,000	-11,000	4,922,000	-6,287,000	2,417,000	-2,327,000	5,472,000	-1,425,000	597,000	-6,876,000	4,511,000	12,034,000	1,055,000	-5,912,000	6,224,000
total adjustments	-100,000,000	288,000,000	9,000,000	-74,000,000	-494,000,000	628,000,000	-153,000,000	2,000,000	-48,000,000	38,656,000	165,576,000	-121,883,000	-55,243,000	187,463,000	61,576,000	-69,661,000	-11,037,000	195,604,000	20,552,000	-20,130,000	-59,951,000	235,494,000	-28,296,000	39,223,000	-38,305,000	137,682,000	-51,211,000	-73,825,000	41,408,000	89,496,000	16,833,000	-30,840,000	-26,422,000	118,471,000	38,149,000	-44,630,000	8,033,000	88,354,000	-39,932,000	-44,254,000	62,514,000	84,420,000	33,853,000	-40,843,000	-51,737,000	134,531,000	20,009,000	-40,158,000	-673,000	63,752,000	-23,318,000	-42,101,000	4,299,000	56,318,000	16,324,000	-41,618,000	19,372,000	49,835,000	-45,177,000	-11,519,000	50,302,000	23,400,000	50,625,000	-23,754,000	6,129,000	45,817,000	10,751,000	-15,200,000	-57,111,000	78,812,000	25,104,000	-23,089,000	-8,817,000	16,157,000	6,342,000	-932,000	5,925,000	34,945,000	-798,000	1,050,000	6,750,000	50,296,000	-24,889,000	10,545,000	45,738,000
net cash from operating activities	-67,000,000	255,000,000	-11,000,000	-79,000,000	-443,000,000	619,000,000	-150,000,000	20,000,000	31,000,000	58,217,000	209,908,000	-108,989,000	39,352,000	225,661,000	99,245,000	-36,062,000	58,847,000	205,312,000	47,848,000	5,024,000	1,971,000	239,779,000	-8,287,000	91,074,000	23,787,000	158,077,000	-25,352,000	-45,269,000	117,697,000	114,151,000	53,040,000	-6,280,000	23,569,000	134,025,000	57,351,000	-30,612,000	43,661,000	97,874,000	-25,867,000	-34,541,000	95,207,000	90,759,000	45,803,000	-33,529,000	-37,950,000	142,695,000	28,394,000	-38,267,000	8,891,000	69,041,000	-13,236,000	-38,613,000	17,472,000	65,763,000	27,776,000	-35,997,000	33,256,000	60,679,000	-41,078,000	-4,778,000	59,088,000	31,189,000	57,859,000	-18,636,000	8,428,000	43,008,000	16,583,000	-9,815,000	-48,945,000	88,520,000	37,033,000	-12,102,000	4,339,000	29,458,000	18,495,000	12,713,000	14,318,000	48,300,000	11,315,000	11,547,000	17,291,000	61,222,000	-17,706,000	17,829,000	50,328,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	-67,000,000	255,000,000	-11,000,000	-79,000,000	-443,000,000	619,000,000	-150,000,000	20,000,000	31,000,000	58,217,000	209,908,000	-108,989,000	39,352,000	225,661,000	99,245,000	-36,062,000	58,847,000	205,312,000	47,848,000	5,024,000	1,971,000	239,779,000	-8,287,000	91,074,000	23,787,000	158,077,000	-25,352,000	-45,269,000	117,697,000	114,151,000	53,040,000	-6,280,000	23,569,000	134,025,000	57,351,000	-30,612,000	43,661,000	97,874,000	-25,867,000	-34,541,000	95,207,000	90,759,000	45,803,000	-33,529,000	-37,950,000	142,695,000	28,394,000	-38,267,000	8,891,000	69,041,000	-13,236,000	-38,613,000	17,472,000	65,763,000	27,776,000	-35,997,000	33,256,000	60,679,000	-41,078,000	-4,778,000	59,088,000	31,189,000	57,859,000	-18,636,000	8,428,000	43,008,000	16,583,000	-9,815,000	-48,945,000	88,520,000	37,033,000	-12,102,000	4,339,000	29,458,000	18,495,000	12,713,000	14,318,000	48,300,000	11,315,000	11,547,000	17,291,000	61,222,000	-17,706,000	17,829,000	50,328,000
cash flows from investing activities
marketable securities:
purchases	-6,000,000	-1,000,000	-15,000,000	-4,000,000	-6,000,000	-6,000,000	-5,000,000	-6,000,000	-6,000,000	-8,387,000	-7,271,000	-18,119,000	-14,206,000	-11,130,000	-18,350,000	-10,304,000	-6,964,000	-16,789,000	-10,551,000	-20,277,000	-10,585,000	-8,617,000	-16,569,000	-16,749,000	-8,689,000	-19,222,000	-30,300,000	-25,071,000	-35,538,000	-33,133,000	-42,905,000	-11,337,000	-512,000	-415,000	-418,000	-208,000	-711,000	-103,000	-636,000	-207,000	-103,000	-1,339,000	-3,840,000	-1,415,000	-3,964,000	-33,110,000	-23,446,000	-5,354,000	-7,668,000	-5,176,000	-3,938,000	-5,596,000	-40,046,000												-22,078,000									-1,900,000	-14,800,000	-24,325,000	-46,618,000	-14,076,000	-7,300,000	-43,294,000	-6,116,000	-28,505,000	-25,562,000	-1,083,000	-669,000
proceeds from maturities	2,000,000	1,000,000	5,000,000	6,000,000	6,000,000	6,000,000	5,000,000	6,000,000	6,000,000	6,530,000	10,545,000	9,450,000	12,110,000	12,740,000	14,550,000	11,905,000	5,760,000	17,445,000	12,260,000	19,760,000	10,580,000	7,775,000	14,235,000	3,625,000	24,000,000	22,900,000	30,370,000	17,750,000	37,360,000	9,975,000	1,525,000	600,000	525,000	380,000	376,000	101,000	704,000	50,000	675,000	200,000	790,000	-7,276,000	13,018,000	2,231,000	2,620,000	3,735,000	9,815,000	8,349,000	6,595,000	5,727,000	5,238,000	3,235,000	1,001,000												1,242,000					0	1,500,000			4,700,000	11,988,000	28,475,000	41,714,000	10,210,000	6,086,000	26,450,000	380,000	1,179,000
proceeds from dispositions	4,000,000	0								0	19,244,000											0	0			22,514,000	300,000	0	5,499,000	0	10,860,000							-1,000	1,000	0	7,268,000	8,386,000	2,606,000	6,053,000	824,000	46,250,000				1,000	3,461,000	426,000	4,138,000																225,000	0	9,951,000	19,698,000	41,097,000					0	0	0	50,000	16,142,000	6,336,000	1,301,000	305,000
property and equipment purchases	-6,000,000	-9,000,000	-9,000,000	-7,000,000	-6,000,000	-13,000,000	-14,000,000	-6,000,000	-5,000,000	-17,591,000	-8,509,000
net cash from investing activities	-6,000,000	-9,000,000	-11,000,000	-5,000,000	-6,000,000	-13,000,000	-14,000,000	-6,000,000	-5,000,000	-19,448,000	14,009,000	-7,346,000	-8,945,000	-12,271,000	-11,205,000	-2,756,000	-5,890,000	-8,597,000	-1,186,000	-9,153,000	-12,077,000	-30,188,000	-31,638,000	-36,481,000	-314,000	5,874,000	-18,391,000	-18,920,000	1,713,000	-36,816,000	-38,014,000	-12,738,000	-6,572,000	-6,576,000	-5,758,000	-9,342,000	-11,574,000	-12,703,000	-8,615,000	-7,774,000	3,075,000	-7,881,000	19,754,000	3,442,000	-2,943,000	8,905,000	-7,399,000	-1,260,000	-3,452,000	-1,672,000	2,120,000	-5,732,000	-37,750,000	27,520,000	1,286,000	-5,720,000	-5,228,000	-11,662,000	-35,030,000	-1,492,000	-13,513,000	-3,210,000	-11,785,000	-21,939,000	-21,648,000	-7,553,000	-2,104,000	-2,612,000	-2,248,000	-4,112,000	-3,205,000	15,239,000	36,349,000	10,959,000	-6,823,000	485,000	-6,734,000	-6,876,000	-2,661,000	-21,938,000	-8,905,000	-38,946,000	-22,066,000	-2,715,000	-1,734,000
cash flows from financing activities
purchase of treasury stock	-4,000,000	0	0	0	-19,000,000	-11,000,000	-15,000,000	-14,000,000	-23,000,000	-46,000	-86,100,000	-10,751,000	-34,622,000	-9,865,000	-6,615,000	-29,364,000	-27,441,000	-19,955,000	-11,234,000	-8,850,000	-29,686,000	-8,199,000	-29,986,000	-27,000	-61,203,000	-49,375,000	-114,872,000	-9,759,000	-29,037,000	-97,091,000	-9,000	-7,662,000	-8,565,000	-11,563,000	-1,644,000	-16,211,000	-9,317,000	-17,756,000	-9,123,000	-22,000	-4,768,000	-8,556,000	-27,187,000	-25,651,000	-5,719,000	0	-6,029,000	-856,000	-13,884,000	-99,000	-2,008,000	-1,624,000	-13,498,000	-3,000	-2,029,000	-8,488,000	-3,253,000	-2,620,000	-15,820,000	-3,550,000	-3,089,000	0	-5,465,000	-506,000	-1,881,000	0	-35,000	-491,000	-1,498,000	-18,467,000	-3,085,000	-1,492,000	-15,038,000	-19,176,000	-13,372,000	-35,266,000	-12,707,000	-394,000	-9,883,000	-12,825,000	-1,072,000	0	-2,924,000	-4,399,000	-4,877,000
dividends paid	-23,000,000	-22,000,000	-23,000,000	-22,000,000	-23,000,000	-22,000,000	-23,000,000	-23,000,000	-21,000,000	-21,250,000	-21,338,000	-21,735,000	-19,896,000	-19,726,000	-19,769,000	-19,853,000	-17,244,000	-93,981,000	-17,370,000	-17,367,000	-15,461,000	-15,347,000	-15,448,000	-15,517,000	-15,557,000	-11,845,000	-12,037,000	-12,354,000	-12,386,000	-8,238,000	-8,384,000	-8,384,000	-8,402,000	-47,937,000	-6,252,000	-6,307,000	-5,272,000	-5,275,000	-5,327,000	-5,345,000	-4,652,000	-5,341,000	-5,405,000	-5,563,000	-4,844,000	-55,478,000	-4,812,000	-4,852,000	-4,351,000	-4,347,000	-4,345,000	-4,345,000	-4,349,000	-30,085,000	-4,358,000	-4,386,000	-3,899,000	-3,871,000	-3,918,000	-3,982,000	-3,971,000	-3,379,000	-3,373,000	-3,404,000	-3,371,000	-3,330,000	-3,322,000	-3,312,000	-3,308,000	-3,283,000	-3,384,000	-2,856,000	-2,888,000	-2,904,000	-2,932,000	-2,990,000	-3,075,000	-2,512,000	-2,512,000	-2,520,000	-2,477,000	-1,894,000	-1,872,000	-1,814,000	-1,807,000
client funds liability and other	-19,000,000	33,000,000	0	-7,000,000	-7,000,000	23,000,000	2,000,000	-7,000,000	-39,000,000
net cash from financing activities	-46,000,000	11,000,000	-23,000,000	-29,000,000	-49,000,000	-10,000,000	-36,000,000	-44,000,000	-83,000,000	39,744,000	-109,766,000	-38,143,000	-46,847,000	-17,734,000	-31,784,000	-47,746,000	-43,886,000	-112,917,000	-27,819,000	-24,941,000	-42,396,000	-22,147,000	-43,379,000	-13,660,000	25,603,000	-30,123,000	-53,457,000	5,565,000	-40,338,000	-64,685,000	-7,890,000	-15,287,000	-16,616,000	-59,123,000	-7,549,000	-22,006,000	-14,271,000	-22,687,000	-13,541,000	-4,960,000	-48,972,000	-14,425,000	-32,200,000	-30,773,000	-6,975,000	-54,602,000	-10,426,000	-5,102,000	-17,676,000	-3,456,000	-5,535,000	-4,594,000	-16,834,000	-30,957,000	-7,434,000	-12,241,000	-4,688,000	-7,719,000	-19,173,000	-6,344,000	-2,599,000	-1,080,000	-7,526,000	-2,512,000	-1,396,000	-3,036,000	-1,403,000	-2,566,000	-4,414,000	-21,688,000	-2,995,000	-3,811,000	-17,170,000	-19,550,000	-15,679,000	-35,266,000	-14,999,000	-193,000	-10,182,000	-31,825,000	5,136,000	6,313,000	8,349,000	1,197,000	-6,404,000
net decrease in cash, cash equivalents, restricted cash, funds held for clients, and deposits – workers’ compensation	-119,000,000		-45,000,000	-113,000,000	-498,000,000
cash, cash equivalents, restricted cash, funds held for clients, and deposits - workers’ compensation beginning of period	945,000,000		0	0	1,344,000,000
cash, cash equivalents, restricted cash, funds held for clients, and deposits - workers’ compensation end of period	826,000,000		-45,000,000	-113,000,000	846,000,000
supplemental cash flow information:
rou assets obtained in exchange for lease obligations	1,000,000		5,000,000
net increase in cash, cash equivalents, restricted cash, funds held for clients, and deposits – workers’ compensation
cash, cash equivalents, restricted cash, funds held for clients, and deposits – workers’ compensation beginning of year
cash, cash equivalents, restricted cash, funds held for clients, and deposits – workers’ compensation end of year
net decrease in cash, cash equivalents, restricted cash and funds held for clients							-200,000,000	-30,000,000	-57,000,000		114,151,000
cash, cash equivalents, restricted cash and funds held for clients beginning of period							0	0	1,035,000,000		0	0	1,013,919,000
cash, cash equivalents, restricted cash and funds held for clients end of period							-200,000,000	-30,000,000	978,000,000		114,151,000	-154,478,000	997,479,000
net increase in cash, cash equivalents, restricted cash and funds held for clients													-16,440,000
cash, cash equivalents, restricted cash and funds held for clients beginning of year
cash, cash equivalents, restricted cash and funds held for clients end of year
other											-2,328,000	-5,657,000	7,671,000	11,857,000	-5,400,000	1,471,000	799,000	1,019,000	785,000	1,276,000	2,751,000	1,399,000	2,055,000	1,884,000	2,363,000	1,097,000	3,452,000	2,678,000	1,085,000	644,000	503,000	759,000	351,000	377,000	347,000	512,000	318,000	344,000	311,000	407,000	311,000	292,000	328,000	398,000	285,000	292,000	318,000	360,000	318,000	265,000	285,000	347,000	230,000	247,000	-1,088,000	359,000	260,000	-1,420,000	-202,000	270,000	216,000	-239,000	324,000	366,000	371,000	-2,713,000	1,954,000	1,237,000	392,000	169,000	35,000	143,000	193,000	126,000	147,000	152,000	214,000	183,000	168,000	184,000	204,000	50,000	52,000	45,000	51,000
prepaid insurance													-38,959,000	18,662,000	22,571,000	-30,223,000	-11,431,000	8,372,000	-2,514,000	40,527,000	-47,506,000	24,595,000	-11,265,000	22,031,000	-35,107,000	11,743,000	2,308,000	459,000	-16,517,000	5,344,000	3,893,000	18,031,000	-24,897,000	8,196,000	8,092,000	-11,973,000	-56,000	2,555,000	8,949,000	-14,991,000	-4,137,000	12,760,000	-3,718,000	20,201,000	-15,359,000	9,312,000	-5,800,000	9,980,000	-24,155,000	6,711,000	393,000	-855,000	-1,267,000	8,119,000	-5,587,000	6,510,000	-3,362,000	-6,118,000	9,341,000	-138,000	593,000	-9,209,000	6,150,000	-11,016,000	3,581,000	-3,114,000	6,972,000	643,000	9,926,000	-5,691,000	-491,000	-10,457,000	10,123,000	-5,623,000	1,478,000	-1,900,000	6,702,000	185,000	-6,952,000	4,248,000	1,873,000	8,330,000	-4,645,000	-2,872,000	-4,067,000
property and equipment:
amortization of marketable securities																																	20,000				19,000	19,000	19,000	21,000	31,000	103,000	104,000	313,000	316,000	417,000	468,000	496,000	510,000	522,000	568,000	588,000	441,000	468,000	548,000	622,000	657,000	637,000	550,000	478,000	507,000
accrued worksite employee payroll expense																	235,970,000	-125,237,000	5,009,000	26,547,000	168,498,000	-136,960,000	62,728,000	-27,696,000	34,905,000	-9,598,000	37,925,000	9,670,000	33,883,000	-10,136,000	44,519,000	14,122,000	14,072,000	10,700,000	28,146,000	11,368,000	1,974,000	12,712,000	-74,874,000	9,720,000	105,739,000	-90,049,000	23,875,000	4,527,000	31,168,000	-18,632,000	22,388,000	1,329,000	13,510,000	-10,341,000	11,913,000	3,514,000	18,645,000	-24,194,000	29,379,000	45,000	14,523,000	-471,000	-40,288,000	4,816,000	56,563,000	-53,756,000	10,766,000	2,531,000	57,018,000	-58,730,000	6,859,000	-5,231,000	20,286,000	-26,396,000	16,149,000	2,558,000	27,237,000	-20,263,000	27,773,000	-2,961,000	11,039,000	-6,534,000	17,366,000	-1,235,000	6,828,000	3,560,000	-28,410,000	4,858,000	39,108,000
borrowings under long-term debt agreement																																						0	0	0	124,400,000
cash, cash equivalents, restricted cash and funds held for clients at beginning of year
cash, cash equivalents, restricted cash and funds held for clients at end of year
net decrease in cash, cash equivalents and restricted cash																															7,136,000
cash, cash equivalents and restricted cash beginning of period																0	807,768,000		0	0	786,699,000		0	0	592,550,000		0	0	535,474,000		0
cash, cash equivalents and restricted cash end of period																-86,564,000	816,839,000		18,843,000	-29,070,000	734,197,000		-83,304,000	40,933,000	641,626,000		-97,200,000	-58,624,000	614,546,000		7,136,000
net increase in cash, cash equivalents and restricted cash																	9,071,000		18,843,000	-29,070,000	-52,502,000		-83,304,000	40,933,000	49,076,000			-58,624,000	79,072,000				381,000
net increase in cash and cash equivalents																																				-61,960,000	17,816,000			-47,275,000	49,310,000												-37,112,000			-53,958,000	23,340,000			-12,614,000	42,976,000					32,419,000	13,076,000	-14,993,000	-55,607,000	62,720,000	30,833,000	-674,000	23,518,000				-7,415,000	41,231,000	-1,528,000	-42,216,000	13,522,000	28,589,000	-31,423,000	16,311,000	42,190,000
cash, cash equivalents and restricted cash at beginning of year
cash, cash equivalents and restricted cash at end of year
borrowings under revolving line of credit																							0	0	100,000,000		70,000,000
other assets																										-314,000	-676,000	-1,224,000	-809,000	-245,000	197,000	6,640,000	-8,597,000	-10,695,000	14,209,000	-8,646,000	-7,641,000	-8,988,000	-4,057,000	7,908,000	-3,804,000	-15,242,000	-9,963,000	4,778,000	-1,642,000	-20,252,000	-3,633,000	-5,138,000	-2,990,000	-6,654,000	-5,708,000	-2,589,000	-3,109,000	-6,551,000	-1,382,000	-1,421,000	-3,570,000	-5,528,000	-1,033,000	7,874,000	-1,965,000	-4,170,000	-1,418,000	12,908,000	-3,140,000	-2,956,000	-3,197,000	11,296,000	-4,445,000	-5,628,000	15,298,000	-7,421,000	-6,971,000	-10,011,000	-6,077,000	19,481,000	-7,513,000	-3,663,000	146,000	21,045,000	-9,842,000	-6,153,000	-564,000	28,610,000	-7,878,000
repurchase of common stock																																						0	0	0	-144,263,000
principal repayments																																						0	0	0	-20,000,000
proceeds from the exercise of stock options																																						0				0	0	0	374,000	2,000	24,000	90,000	163,000	285,000	305,000	740,000	118,000	1,187,000	18,000	241,000	803,000	75,000	598,000	749,000	2,534,000	1,678,000	988,000	1,032,000	3,485,000					32,000	1,810,000	633,000	716,000	1,428,000	536,000			1,667,000	1,433,000	4,830,000	8,903,000	8,459,000	13,412,000	7,679,000	529,000
supplemental schedule of cash, cash equivalents and restricted cash
cash and cash equivalents
restricted cash																																		611,000	-45,000	755,000	179,000	-858,000	-553,000	-945,000	-2,863,000	5,638,000	5,831,000	-3,735,000	-1,112,000	13,182,000	-3,781,000	-1,279,000	-234,000	-1,611,000	-2,850,000	-93,000	-225,000	-1,080,000	-1,489,000	488,000	-331,000	-1,925,000	-1,481,000	-524,000	397,000	-1,543,000	-1,917,000	-1,508,000	200,000	-1,014,000	-146,000	-173,000	1,363,000	-777,000	-1,369,000	479,000	519,000	877,000	-403,000	851,000	762,000	-2,547,000	-3,634,000	-2,108,000	-1,536,000	-1,850,000	-3,592,000	-1,998,000	-1,629,000
deposits - workers’ compensation
cash, cash equivalents and restricted cash beginning of year
cash, cash equivalents and restricted cash end of year
supplemental disclosures of cash flow information
income taxes
interest expense
cash flows from operating activities:
cash flows from investing activities:
cash flows from financing activities:
cash, cash equivalents and restricted cash at beginning of period																																	395,397,000
cash, cash equivalents and restricted cash at end of period																																	395,778,000
impairment charges and other																																										-640,000	0	1,313,000	9,807,000
proceeds from sale of aircraft																																										0
income tax benefit from stock-based compensation																																										-820,000	64,000	43,000	2,929,000	582,000	73,000	156,000	78,000	440,000	228,000	288,000	665,000	859,000	23,000	33,000	1,401,000	117,000	169,000	169,000	1,711,000									23,000	1,787,000			1,045,000	170,000			1,003,000	749,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
supplemental disclosures of cash flow information:
net decrease in cash and cash equivalents																																											33,357,000	-60,860,000	-47,868,000		10,569,000	-44,629,000	-12,237,000		-16,651,000												38,548,000	-43,087,000	-14,616,000										-4,007,000
cash and cash equivalents at beginning of period																																			0	0	286,034,000		0	0	269,538,000		0	0	276,456,000		0	0	225,755,000		0	0	264,544,000		0	0	211,208,000		0	0	234,829,000		0	0	227,085,000		0	0	252,190,000		0	0	135,793,000		0	0	148,416,000		0	0	137,407,000		0	0	81,740,000
cash and cash equivalents at end of period																																			44,044,000	-61,960,000	303,850,000		-48,023,000	-47,275,000	318,848,000		33,357,000	-60,860,000	228,588,000		10,569,000	-44,629,000	213,518,000		-16,651,000	-48,939,000	227,432,000		21,628,000	-53,958,000	234,548,000		-95,281,000	-12,614,000	277,805,000		38,548,000	-43,087,000	212,469,000		13,076,000	-14,993,000	196,583,000		30,833,000	-674,000	159,311,000		-4,007,000	-22,068,000	141,001,000		-1,528,000	-42,216,000	150,929,000		-31,423,000	16,311,000	123,930,000
supplemental disclosures:
cash paid for income taxes																																																																						304,000	5,581,000	5,812,000	281,000	11,414,000	6,679,000	3,930,000	478,000	7,043,000	2,014,000	3,092,000	333,000	813,000	1,493,000	8,379,000	149,000
property and equipment																																												-3,427,000	-2,423,000		-4,398,000	-4,255,000	-2,379,000		-2,641,000	-3,797,000	-2,843,000		-3,665,000	-4,896,000	-3,435,000		-15,000,000	-5,078,000	-3,326,000		-1,919,000	-1,618,000	-812,000		-2,104,000	-1,892,000	-2,473,000
impairment charges
changes in operating assets and liabilities, net of acquisitions:
investments and acquisitions, net of cash acquired
impairment charge																																															0				0
loss on exchange of assets																																																										12,000
cash exchanged for acquisitions																																																							0	0	-1,200,000		-1,675,000	-650,000	-10,800,000
investments and acquisitions
changes in operating assets and liabilities, net of effects from acquisitions:
marketable securities purchases																																																							-8,767,000	-13,375,000	-1,443,000		-29,704,000	-8,749,000	-5,154,000		-8,988,000
marketable securities proceeds from dispositions																																																											-13,480,000	16,022,000	1,365,000		333,000
marketable securities proceeds from maturities																																																									850,000		24,829,000	-3,037,000	4,402,000		6,027,000
principal repayments on capital lease obligations																																																																							-158,000	-156,000	-153,000
cash exchanged for acquisitions, net of cash acquired
amortization of premium (discounts) on marketable securities
cash exchanged for acquisitions, net of cash received
cash exchanged for acquisition																																																																			0				0
cash received for note receivable
acquisition of usdatalink
changes in operating assets and liabilities, net of effect of acquisition:
accrued workers’ compensations costs
cash received (exchanged) for note receivable
principal repayments on long-term debt and capital lease obligations																																																																										-69,000	-228,000	-145,000	-141,000	-140,000	-137,000	-32,442,000	-422,000	-417,000	-412,000	-411,000	-409,000
cash paid for interest																																																																										24,000	26,000	29,000	32,000	35,000	37,000	360,000	634,000	615,000	572,000	544,000	512,000
acquisition of hrtools.com
proceeds from sale of common stock to the employee stock purchase plan proceeds from the exercise of stock options																																																																													710,000
proceeds from sale of common stock to the employee stock purchase plan
other accrued liabilities																																																																															3,592,000	4,420,000	-10,004,000		2,117,000	2,518,000	-1,887,000
cash exchanged for note receivable																																																																																			-16,000
bad debt expense																																																																																		173,000	-41,000	153,000	175,000
loss on disposition of assets
proceeds from the sale of other companies
loss on the disposition of assets																																																																																			84,000	-5,000	19,000
proceeds from sale of common stock to the administaff employee stock purchase plan																																																																																			93,000	97,000	109,000
write-off of investments
accrued corporate payroll and other accrued liabilities
proceeds from the sale of / (investments in) other companies
proceeds from the exercise of common stock purchase warrants
long-term debt and short-term borrowings:
borrowings under long-term debt agreements
net borrowings under revolving line of credit
deferred financing costs
collection of (loans) to employees

Insperity, Inc(NYSE:NSP)

Insperity, Inc
(NYSE:NSP)