Company: PAYC
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-024136
Chunk: 188

Company: Paycom Software, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 188
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 operating right-of-use assets and operating lease liabilities

    0.7

    1.0

    0.2

    Accrued expenses and other current liabilities

    17.4

    22.2

    (9.5
    )

    Net cash provided by operating activities

    533.9

    485.0

    365.1

    Cash flows from investing activities

    Purchases of investments from funds held for clients

    (24.9
    )

    (25.0
    )

    (268.7
    )

    Proceeds from investments from funds held for clients

    200.0

    25.0

    382.2

    Purchases of intangible assets

    (4.4
    )

    (4.2
    )

    (4.1
    )

    Purchases of property and equipment

    (192.9
    )

    (192.6
    )

    (132.7
    )

    Proceeds from sale of property and equipment

    —

    0.1

    —

    Net cash used in investing activities

    (22.2
    )

    (196.7
    )

    (23.3
    )

    Cash flows from financing activities

    Proceeds from the issuance of debt

    —

    —

    29.0

    Repurchases of common stock

    (122.8
    )

    (286.6
    )

    (94.7
    )

    Withholding taxes paid related to net share settlements

    (21.7
    )

    (13.9
    )

    (5.2
    )

    Payments on long-term debt

    —

    (29.0
    )

    (29.3
    )

    Dividends paid

    (84.8
    )

    (64.8
    )

    —

    Net change in client funds obligation

    1,337.6

    120.4

    361.1

    Payment of debt issuance costs

    —

    (0.7
    )

    (6.3
    )

    Net cash (used in) provided by financing activities

    1,108.3

    (274.6
    )

    254.6

    Increase in cash, cash equivalents, restricted cash and restricted cash