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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income $ 103,483 $ 87,076
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,284 17,798
Stock-based compensation 25,477 25,603
Deferred income taxes 14,064 9,161
Changes in operating assets and liabilities:    
Accounts receivable (172,551) (203,559)
Prepaid insurance (41,654) (6,979)
Other current assets (17,874) (7,609)
Other assets and ROU assets 4,324 (5,407)
Accounts payable (378) (2,140)
Payroll taxes and other payroll deductions payable (164,247) (114,985)
Accrued worksite employee payroll costs 253,109 195,045
Accrued health insurance costs 12,642 (3,621)
Accrued workers’ compensation costs (11,400) (877)
Accrued corporate payroll, commissions and other accrued liabilities (575) 13,697
Income taxes payable/receivable 6,729 (7,022)
Total adjustments (80,698) (80,081)
Net cash provided by operating activities 22,785 6,995
Marketable securities:    
Purchases (17,268) (30,862)
Proceeds from maturities 17,665 30,340
Property and equipment:    
Purchases (9,043) (20,708)
Net cash used in investing activities (8,646) (21,230)
Cash flows from financing activities:    
Purchase of treasury stock (56,805) (38,536)
Dividends paid (37,097) (32,828)
Other (2,270) (4,027)
Net cash used in financing activities (91,632) (67,337)
Net decrease in cash, cash equivalents and restricted cash (77,493) (81,572)
Cash, cash equivalents and restricted cash beginning of period 807,768 786,699
Cash, cash equivalents and restricted cash end of period 730,275 705,127
Supplemental Cash Flow Information [Abstract]    
Cash and cash equivalents 510,869 455,387
Restricted cash 53,329 46,128
Deposits workers compensation 166,077 203,612
ROU assets obtained in exchange for lease obligations $ 2,678 $ 15,047