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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenues(1) $ 1,550,887 $ 1,439,160 $ 4,905,668 $ 4,449,104
Payroll taxes, benefits and workers’ compensation costs 1,292,956 1,194,607 4,090,952 3,678,909
Gross profit 257,931 244,553 814,716 770,195
Salaries, wages and payroll taxes 113,074 109,525 348,557 323,486
Stock-based compensation 15,210 13,341 41,676 38,818
Commissions 10,773 11,068 33,828 32,121
Advertising 7,240 9,790 29,775 30,812
General and administrative expenses 41,504 38,115 132,699 115,215
Depreciation and amortization 10,666 10,083 31,903 30,367
Total operating expenses 198,467 191,922 618,438 570,819
Operating income 59,464 52,631 196,278 199,376
Other income (expense):        
Interest income 7,950 2,808 24,693 3,901
Interest expense (7,047) (4,082) (19,939) (8,698)
Income before income tax expense 60,367 51,357 201,032 194,579
Income tax expense 16,035 13,688 49,211 53,427
Net income $ 44,332 $ 37,669 $ 151,821 $ 141,152
Basic net income per share of common stock (in dollars per share) $ 1.17 $ 0.99 $ 4.00 $ 3.70
Diluted net income per share of common stock (in dollars per share) $ 1.16 $ 0.98 $ 3.94 $ 3.66
Revenue Composition [Abstract]        
Gross billings $ 10,067,191 $ 9,528,695 $ 31,762,946 $ 29,111,243
Worksite employee payroll cost 8,516,304 8,089,535 26,857,278 24,662,139
Revenues(1) $ 1,550,887 $ 1,439,160 $ 4,905,668 $ 4,449,104