XML 13 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]    
Revenues (gross billings of $2.835 billion, $2.444 billion, $8.454 billion and $7.274 billion, less worksite employee payroll cost of $2.363 billion, $2.030 billion, $6.973 billion and $5.990 billion, respectively)$ 471,821$ 414,146$ 1,481,105$ 1,284,226
Direct costs:    
Payroll taxes, benefits and workers' compensation costs384,792340,4601,219,2761,066,498
Gross profit87,02973,686261,829217,728
Operating expenses:    
Salaries, wages and payroll taxes39,49434,866117,558108,558
Stock-based compensation2,1091,9706,4556,148
Commissions3,3992,8899,7508,494
Advertising5,2352,60518,28011,180
General and administrative expenses18,91215,54657,82847,674
Depreciation and amortization3,7863,73211,33511,266
Total Operating Expenses72,93561,608221,206193,320
Operating income14,09412,07840,62324,408
Other income (expense):    
Interest, net245286829744
Other, net(7,501)0(7,497)0
Income before income tax expense6,83812,36433,95525,152
Income tax expense2,7395,13014,32910,501
Net income4,0997,23419,62614,651
Less net income allocated to participating securities(120)(214)(582)(428)
Net income allocated to common shares$ 3,979$ 7,020$ 19,044$ 14,223
Basic net income per share of common stock (in dollars per share)$ 0.16$ 0.28$ 0.75$ 0.56
Diluted net income per share of common stock (in dollars per share)$ 0.16$ 0.28$ 0.74$ 0.56