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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues(1) $ 1,439,160 $ 1,209,628 $ 4,449,104 $ 3,681,834
Payroll taxes, benefits and workers’ compensation costs 1,194,607 1,011,149 3,678,909 3,032,356
Gross profit 244,553 198,479 770,195 649,478
Salaries, wages and payroll taxes 109,525 89,232 323,486 286,669
Stock-based compensation 13,341 10,362 38,818 35,965
Commissions 11,068 8,724 32,121 24,694
Advertising 9,790 9,507 30,812 23,804
General and administrative expenses 38,115 31,134 115,215 91,981
Depreciation and amortization 10,083 9,917 30,367 27,715
Total operating expenses 191,922 158,876 570,819 490,828
Operating Income (Loss), Total 52,631 39,603 199,376 158,650
Other income (expense):        
Interest income 2,808 251 3,901 2,230
Interest expense (4,082) (1,963) (8,698) (5,537)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 51,357 37,891 194,579 155,343
Income tax expense 13,688 10,595 53,427 40,971
Net income 37,669 27,296 141,152 114,372
Less distributed and undistributed earnings allocated to participating securities 0 (39) (27) (219)
Net income allocated to common shares $ 37,669 $ 27,257 $ 141,125 $ 114,153
Basic net income per share of common stock (in dollars per share) $ 0.99 $ 0.71 $ 3.70 $ 2.97
Diluted net income per share of common stock (in dollars per share) $ 0.98 $ 0.70 $ 3.66 $ 2.94
Revenue Composition [Abstract]        
Gross billings $ 9,528,695 $ 7,994,006 $ 29,111,243 $ 23,682,279
Worksite employee payroll cost 8,089,535 6,784,378 24,662,139 20,000,445
Revenues(1) $ 1,439,160 $ 1,209,628 $ 4,449,104 $ 3,681,834