Company: NSP
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001000753-25-000008
Chunk: 96

Company: INSPERITY, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 16
Chunk 96
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939 Payroll taxes, benefits and workers’ compensation costs5,529 5,449 4,928 Gross profit1,052 1,037 1,011 Salaries, wages and payroll taxes521 461 431 Stock-based compensation61 53 50 Commissions47 47 46 Advertising38 37 37 General and administrative expenses224 177 156 Depreciation and amortization44 43 41 Total operating expenses935 818 761 Operating income117 219 250 Other income (expense):Interest income37 33 9 Interest expense(28)(27)(14)Income before income tax expense126 225 245 Income tax expense35 54 66 Net income$91 $171 $179 Net income per share of common stockBasic$2.44 $4.53 $4.70 Diluted$2.42 $4.47 $4.64 

See accompanying notes.

 F-72024   Form 10-K

CONSOLIDATED FINANCIAL STATEMENTS

INSPERITY, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

Common Stock IssuedAdditional Paid-In CapitalTreasury StockRetained EarningsTotal(in millions)SharesAmountBalance at December 31, 202155 $1 $109 $(665)$553 $(2)Purchase of treasury stock, at cost— — — (73)— (73)Issuance of equity-based incentive awards and dividend equivalents— — (9)10 (1)— Stock-based compensation expense— — 49 1 — 50 Other— — 2 1 1 4 Dividends paid— — — — (77)(77)Net income— — — — 179 179 Balance at December 31, 202255 $1 $151 $(726)$655 $81 Purchase of treasury stock, at cost— — — (132)— (132)Issuance of equity-based incentive awards and dividend equivalents— — (21)25 (4)— Stock-based compensation expense— — 53 — — 53 Other— — 2 2 1 5 Dividends paid— — —