Automatic data processing, inc. (ADP)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09Jun'08
REVENUES:
Revenues, other than interest on funds held for clients and PEO revenues

9,375

8,983

8,510

8,234

7,928

7,595

7,060

8,341

7,759

7,077

7,051

6,996

Interest on funds held for clients

561

466

397

377

377

373

420

493

540

542

-609

-684

PEO revenues (A)

4,237

3,877

3,464

3,056

2,632

2,257

1,960

1,760

1,533

1,307

1,176

1,053

TOTAL REVENUES

14,175

13,327

12,372

11,667

10,938

10,226

9,442

10,595

9,833

8,927

8,838

8,733

Costs of revenues:
Operating expenses

7,145

6,901

6,386

6,025

5,625

5,290

4,883

5,355

4,888

4,277

4,087

3,898

Systems development and programming costs

636

635

632

603

595

551

496

592

570

513

498

521

Depreciation and amortization

304

274

226

211

206

199

193

256

249

238

237

237

TOTAL COSTS OF REVENUES

8,086

7,810

7,244

6,840

6,427

6,041

5,574

6,203

5,708

5,029

4,822

4,657

Selling, general, and administrative expenses

3,064

2,959

2,773

2,637

2,496

2,370

2,200

2,452

2,314

2,127

2,190

2,359

Separation costs

-

-

-

-

-

-

-

0

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

42

0

0

-

-

-

Interest expense

129

102

80

56

6

6

9

7

8

8

33

80

TOTAL EXPENSES

11,280

10,873

10,098

9,533

8,931

8,417

7,826

8,664

8,031

7,165

7,046

7,096

Other income, net

111

-172

343

100

63

70

94

170

116

101

108

166

EARNINGS BEFORE INCOME TAXES

3,005

2,282

2,616

2,234

2,070

1,879

1,710

2,101

1,918

1,863

1,900

1,803

Provision for income taxes

712

397

829

741

694

636

587

726

673

655

575

647

NET EARNINGS FROM CONTINUING OPERATIONS

-

-

-

1,493

1,376

1,242

1,122

1,375

1,245

1,207

1,325

1,155

LOSSES FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES

-

-

-

-1

171

414

441

20

14

-

-

-

Provision for income taxes

-

-

-

-0

95

141

157

7

5

-

-

-

NET LOSS FROM DISCONTINUED OPERATIONS

-

-

-

-0

76

273

283

13

9

4

7

80

NET EARNINGS

2,292

1,884

1,787

1,492

1,452

1,515

1,405

1,388

1,254

1,211

1,332

1,235

Basic earnings per share (in dollars per share)

5.27

4.28

3.99

3.27

2.91

2.59

2.32

2.82

2.52

2.41

2.63

2.22

Basic earnings per share from discontinued operations (in dollars per share)

-

-

-

0.00

0.16

0.57

0.59

0.03

0.02

0.01

0.01

0.15

Basic earnings per share (in US$ per share)

5.27

4.28

3.99

3.27

3.07

3.17

2.91

2.85

2.54

2.42

2.65

2.37

Diluted earnings per share (in dollars per share)

5.24

4.25

3.97

3.25

2.89

2.57

2.30

2.79

2.50

2.40

2.62

2.19

Diluted earnings per share from discontinued operations (in dollars per share)

-

-

-

0.00

0.16

0.57

0.58

0.03

0.02

0.01

0.01

0.15

Diluted earnings per share (in US$ per share)

5.24

4.25

3.97

3.25

3.05

3.14

2.89

2.82

2.52

2.40

2.63

2.34

Basic weighted average shares outstanding (shares)

435

440

447

457

472

478

482

487

493

500

503

521

Diluted weighted average shares outstanding (shares)

437

443

450

459

475

483

487

492

498

503

505

527