TRINET GROUP, INC TNET Income Statement

Trinet group, inc (TNET)

Income statement / TTM

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Revenues
3,576	3,503	3,434	3,377	3,328	3,275	3,237	3,190	3,135	3,060	2,974	2,872	2,766	2,659	2,537	2,425	2,310	2,193	2,071	1,963	1,802	1,644	0	0	0
Insurance costs
2,652	2,610	2,562	2,528	2,498	2,466	2,460	2,456	2,453	2,414	2,352	2,277	2,198	2,112	2,012	1,906	1,788	1,686	1,569	1,484	1,353	1,226	0	0	0
Cost of providing services
236	229	221	213	213	213	208	208	201	190	179	166	160	151	145	140	136	134	132	127	117	106	0	0	0
Sales and marketing
189	182	180	172	177	187	179	176	174	174	177	180	178	167	159	151	145	139	134	127	118	109	0	0	0
General and administrative
147	142	128	123	120	114	103	98	89	92	89	84	81	69	62	58	55	53	53	54	54	52	0	0	0
Systems development and programming
48	49	47	46	47	45	44	41	35	31	27	25	27	28	28	28	27	26	24	22	21	19	0	0	0
Depreciation and amortization of intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	0	0	-	-	0	0	21	-	17	16	15	15	14	14	14	13	12	12	12	11	0	0	0
Amortization of intangible assets
-	-	0	0	-	-	0	0	12	-	21	27	32	39	45	47	49	52	55	57	54	51	0	0	0
Total costs and operating expenses
3,314	3,252	3,178	3,120	3,090	3,058	3,024	3,011	2,986	2,936	2,864	2,778	2,693	2,581	2,468	2,346	2,217	2,106	1,981	1,887	1,732	1,577	0	0	0
Operating income
262	251	256	257	238	217	212	178	148	124	110	93	72	78	68	78	92	86	90	76	70	66	0	0	0
Other income (expense):
Interest expense, bank fees and other
0	-	-	-	0	-	-	-	-	20	20	19	18	19	19	33	37	54	62	64	62	45	0	0	0
Interest income
16	12	14	11	10	3	-15	-10	-4	0	0	0	0	1	1	0	0	0	0	0	0	0	0	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
257	241	244	242	222	200	193	158	128	104	91	74	54	60	50	45	55	33	27	12	8	21	0	0	0
Income Tax Expense (Benefit)
56	49	15	21	19	22	58	52	49	43	38	33	26	28	25	23	26	17	13	6	3	7	0	0	0
Net Income (Loss) Attributable to Parent
201	192	229	221	203	178	134	106	78	61	52	41	27	32	24	22	29	15	14	6	4	13	0	0	0
Comprehensive income
-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
0	-	229	221	203	-	135	106	79	62	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Basic (in dollars per share)
0.91	0.40	0.73	0.82	0.77	0.95	0.62	0.58	0.42	0.34	0.21	0.17	0.16	0.20	0.04	-0.02	0.23	0.11	0.01	0.09	0.03	0.55	-0.60	0.09	0.22
Diluted (in dollars per share)
0.89	0.39	0.71	0.80	0.75	0.92	0.60	0.56	0.41	0.32	0.20	0.17	0.16	0.20	0.04	-0.02	0.22	0.09	0.01	0.09	0.03	0.56	-0.60	0.08	0.20
Weighted average shares:
Basic (in shares)
70	68	71	70	70	68	69	69	68	69	70	70	70	70	70	70	70	69	69	69	16	14	12	10	10
Diluted (in shares)
71	70	72	72	72	70	71	71	70	71	71	72	71	74	72	70	73	73	72	72	19	20	12	15	14
Professional service revenues
Revenues
494	487	480	473	467	458	455	454	454	447	439	428	416	401	384	371	356	342	328	317	296	272	0	0	0
Insurance service revenues
Revenues
3,082	3,016	2,954	2,904	2,861	2,817	2,782	2,736	2,680	2,613	2,535	2,444	2,349	2,258	2,152	2,053	1,953	1,851	1,743	1,646	1,506	1,371	0	0	0