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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues(1) $ 1,007,820 $ 1,043,388 $ 3,230,669 $ 3,239,714
Payroll taxes, benefits and workers’ compensation costs 822,787 872,842 2,591,365 2,668,716
Gross profit 185,033 170,546 639,304 570,998
Salaries, wages and payroll taxes 89,429 79,264 266,640 237,340
Stock-based compensation 20,864 6,517 38,110 20,813
Commissions 7,722 8,034 23,657 22,727
Advertising 4,781 4,895 15,334 17,474
General and administrative expenses 25,646 29,773 85,254 92,801
Depreciation and amortization 7,819 7,330 23,329 20,929
Total operating expenses 156,261 135,813 452,324 412,084
Operating income 28,772 34,733 186,980 158,914
Other income (expense):        
Interest income 103 2,574 2,351 8,621
Interest expense (1,731) (2,122) (6,312) (5,442)
Income before income tax expense 27,144 35,185 183,019 162,093
Income tax expense 7,135 9,326 49,067 31,389
Net income 20,009 25,859 133,952 130,704
Less distributed and undistributed earnings allocated to participating securities (104) (284) (792) (1,546)
Net income allocated to common shares $ 19,905 $ 25,575 $ 133,160 $ 129,158
Basic net income per share of common stock (in dollars per share) $ 0.52 $ 0.64 $ 3.45 $ 3.19
Diluted net income per share of common stock (in dollars per share) $ 0.51 $ 0.63 $ 3.43 $ 3.18
Revenue Composition [Abstract]        
Gross billings $ 6,563,727 $ 6,555,865 $ 20,356,164 $ 19,804,549
Worksite employee payroll cost 5,555,907 5,512,477 17,125,495 16,564,835
Revenues(1) $ 1,007,820 $ 1,043,388 $ 3,230,669 $ 3,239,714