Company: ASGN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000890564-25-000028
Chunk: 8

Company: ASGN Inc
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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Item 1 — Condensed Consolidated Financial Statements (Unaudited)

ASGN INCORPORATED AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

(in millions, except share data)

March 31,2025December 31,2024ASSETSCurrent assets:Cash and cash equivalents$107.0 $205.2 Accounts receivable, net705.3 650.8 Other current assets67.3 61.7 Total current assets879.6 917.7 Property and equipment, net79.7 82.6 Identifiable intangible assets, net504.4 439.8 Goodwill2,139.5 1,893.1 Other non-current assets95.2 95.8 Total assets$3,698.4 $3,429.0 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Accrued payroll$211.3 $218.0 Other current liabilities160.2 149.1 Total current liabilities371.5 367.1 Long-term debt1,282.6 1,033.5 Deferred income tax liabilities191.0 187.5 Other long-term liabilities60.0 64.2 Total liabilities1,905.1 1,652.3 Commitments and contingencies (Note 6)Stockholders’ equity:Preferred stock, $0.01 par value; 1.0 million shares authorized; no shares issued— — Common stock, $0.01 par value; 75.0 million shares authorized; 43.9 million and 43.8 million shares outstanding at March 31, 2025, and December 31, 2024, respectively0.4 0.4 Paid-in capital719.0 684.2 Retained earnings1,078.1 1,097.1 Accumulated other comprehensive loss(4.2)(5.0)Total stockholders’ equity1,793.3 1,776.7 Total liabilities and stockholders’ equity$3,698.4 $3,429.0 

See notes to condensed consolidated financial statements.

3

ASGN INCORPORATED AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (