Company: PAYC
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-024136
Chunk: 105

Company: Paycom Software, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1B
Chunk 105
---

    Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period
     
    $
    4,042.8

    $
    2,422.8

    $
    2,409.1

See accompanying notes to the consolidated financial statements.

59

Paycom Software, Inc.

Consolidated Statements of Cash Flows, continued

(in millions)

    Year Ended December 31,

    2024

    2023

    2022

    Reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents

    Cash and cash equivalents
     
    $
    402.0

    $
    294.0

    $
    400.7

    Restricted cash included in funds held for clients

    3,640.8

    2,128.8

    2,008.4

    Total cash, cash equivalents, restricted cash and restricted cash equivalents, end of period
     
    $
    4,042.8

    $
    2,422.8

    $
    2,409.1

    Supplemental disclosures of cash flow information:

    Cash paid for interest, net of amounts capitalized
     
    $
    2.0

    $
    1.0

    $
    0.5

    Cash paid for income taxes
     
    $
    136.9

    $
    139.9

    $
    100.6

    Non-cash investing and financing activities:

    Purchases of property and equipment, accrued but not paid
     
    $
    3.9

    $
    9.0

    $
    5.9

    Stock-based compensation for capitalized software
     
    $
    17.5

    $
    14.7

    $
    9.0

    Right of use assets obtained in exchange for operating lease liabilities
     
    $
    25.1

    $
    50.3

    $
    21.5

See accompanying notes to the consolidated financial statements.

60

Paycom Software, Inc.Notes to the Consolidated Financial Statements(tabular dollars and shares in millions, except per share and per unit amounts) 

1.ORGANIZATION AND DESCRIPTION OF BUSINESSDescription of BusinessPaycom Software, Inc. (“Software”), together with its wholly owned subsidiaries (collectively, the “Company”),