Interim Financial Data By Segment

6 Months Ended

Dec. 31, 2011

Interim Financial Data By Segment [Abstract]

Interim Financial Data By Segment

Note 17. Interim Financial Data by Segment

Based upon similar economic characteristics and operational characteristics, the Company's strategic business units have been aggregated into the following three reportable segments: Employer Services, PEO Services, and Dealer Services. The primary components of the "Other" segment are miscellaneous processing services, such as customer financing transactions, non-recurring gains and losses, results of operations of ADP Indemnity (a wholly-owned captive insurance company that provides workers' compensation and employer's liability deductible reimbursement insurance protection for PEO Services worksite employees) and certain expenses that have not been charged to the reportable segments, such as stock-based compensation expense. Certain revenues and expenses are charged to the reportable segments at a standard rate for management reasons. Other costs are recorded based on management responsibility. The prior year reportable segments' revenues and earnings before income taxes have been adjusted to reflect updated fiscal 2012 budgeted foreign exchange rates. In addition, there is a reconciling item for the difference between actual interest income earned on invested funds held for clients and interest credited to Employer Services and PEO Services at a standard rate of 4.5%. The reportable segments' results also include an internal cost of capital charge related to the funding of acquisitions and other investments. All of these adjustments/charges are reconciling items to the Company's reportable segments' revenues and/or earnings before income taxes and result in the elimination of these adjustments/charges in consolidation.

Segment Results:

	Revenues
	Three Months Ended December 31,						Six Months Ended December 31,
	2011			2010			2011			2010
Employer Services	$	1,827.1		$	1,707.2		$	3,577.5		$	3,306.5
PEO Services		413.8			358.2			814.4			699.5
Dealer Services		412.6			386.0			820.4			732.2
Other		1.4			3.1			4.1			6.5
Reconciling items:
Foreign exchange		(14.9	)		(12.6	)		(5.2	)		(45.2	)
Client fund interest		(57.0	)		(36.2	)		(105.7	)		(64.3	)
Total	$	2,583.0		$	2,405.7		$	5,105.5		$	4,635.2

	Earnings before Income Taxes
	Three Months Ended December 31,						Six Months Ended December 31,
	2011			2010			2011			2010
Employer Services	$	447.0		$	438.0		$	857.0		$	820.4
PEO Services		42.4			35.9			78.9			64.0
Dealer Services		70.5			57.5			133.6			107.2
Other		47.0			(35.2	)		13.9			(53.7	)
Reconciling items:
Foreign exchange		-			(4.5	)		0.7			(7.7	)
Client fund interest		(57.0	)		(36.2	)		(105.7	)		(64.3	)
Cost of capital charge		29.8			29.1			60.6			55.1
Total	$	579.7		$	484.6		$	1,039.0		$	921.0