Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Activity and balances related to incurred but not paid workers' compensation claims

The following table provides the activity and balances related to incurred but not paid workers’ compensation claims:

	Three Months Ended March 31,
(in thousands)	2023		2022
Beginning balance, January 1,	$	229,408	$	239,623
Accrued claims	15,981		8,373
Present value discount, net of accretion	(3,209)		(1,309)
Paid claims	(12,704)		(14,370)
Ending balance	$	229,476	$	232,317
Current portion of accrued claims	$	48,112	$	49,429
Long-term portion of accrued claims	181,364		182,888
Total accrued claims	$	229,476	$	232,317

Disaggregation of Revenue [Table Text Block]

Revenue and Direct Cost Recognition

We enter into contracts with our customers for human resources services based on a stated rate and price in the contract. Our contracts generally establish pricing for a period of 12 months and are generally cancellable at any time by either party with 30-days’ notice. Our performance obligations are satisfied as services are rendered each month. The term between invoicing and when our performance obligations are satisfied is not significant. Our payment terms typically require payment concurrently with the invoicing of our PEO services. We do not have significant financing components or significant payment terms.

Our revenue is generally recognized ratably over the payroll period as WSEEs perform their service at the client worksite in accordance with Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers. Customers are invoiced concurrently with each periodic payroll of its WSEEs. Revenues that have been recognized but not invoiced represent unbilled accounts receivable of $582.8 million and $600.4 million at March 31, 2023 and December 31, 2022, and are included in accounts receivable, net on our Condensed Consolidated Balance Sheets.

Pursuant to the “practical expedients” provided under ASC 340-40, Other Assets and Deferred Costs - Contracts with Customers, we expense sales commissions when incurred because the terms of our contracts are cancellable by either party with a 30-day notice. These costs are recorded in commissions in our Consolidated Statements of Operations.

Our revenue for our PEO HR Outsourcing Solutions by geographic region and for our other products and services offerings are as follows:

	Three Months Ended March 31,
(in thousands)	2023		2022		% Change
Northeast	$	492,290	$	449,925	9.4	%
Southeast	238,607		202,201		18.0	%
Central	318,792		271,310		17.5	%
Southwest	340,412		308,838		10.2	%
West	362,980		330,771		9.7	%
	1,753,081		1,563,045		12.2	%
Other revenue	16,571		14,792		12.0	%
Total revenue	$	1,769,652	$	1,577,837	12.2	%