Company: ASGN
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000890564-25-000008
Chunk: 64

Company: ASGN Inc
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 64
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.7)1,901.3 Stock-based compensation expense— — 44.0 — — 44.0 Issuances under equity plans0.6 — 18.8 — — 18.8 Tax withholding on restricted stock vesting— — (18.3)— — (18.3)Stock repurchase and retirement of shares(3.4)— (52.0)(223.7)— (275.7)Other — — — — 2.7 2.7 Net income— — — 219.3 — 219.3 Balance at December 31, 202346.7 0.5 696.0 1,195.6 — 1,892.1 Stock-based compensation expense— — 42.3 — — 42.3 Issuances under equity plans0.6 — 17.2 — — 17.2 Tax withholding on restricted stock vesting— — (15.8)— — (15.8)Stock repurchase and retirement of shares(3.5)(0.1)(55.5)(273.7)— (329.3)Other— — — — (5.0)(5.0)Net income— — — 175.2 — 175.2 Balance at December 31, 202443.8 $0.4 $684.2 $1,097.1 $(5.0)$1,776.7 

See notes to consolidated financial statements.

23

ASGN INCORPORATED AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions)

  Year Ended December 31, 202420232022Cash Flows from Operating Activities   Net income$175.2 $219.3 $268.1 Adjustments to reconcile net income to net cash provided by operating activities:Amortization and depreciation96.3 100.3 91.4 Stock-based compensation42.3 44.0 49.3 Deferred income taxes31.2 26.9 31.5 Other8.9 10.3 8.2 Changes in operating assets and liabilities, net of effects of acquisitions: