Company: PAYC
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-024136
Chunk: 187

Company: Paycom Software, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 187
---
8

    724.4

    Retained earnings

    1,887.5

    1,470.0

    Accumulated other comprehensive earnings (loss)

    (0.6
    )

    (1.0
    )

    Treasury stock, at cost (7.1 and 6.1 shares at December 31, 2024 and December 31, 2023, respectively)

    (1,036.4
    )

    (891.0
    )

    Total stockholders’ equity

    1,575.9

    1,303.0

    Total liabilities and stockholders’ equity
     
    $
    5,859.9

    $
    4,197.5

See accompanying notes to the consolidated financial statements.

56

Paycom Software, Inc.

Consolidated Statements of Comprehensive Income

(in millions, except per share amounts)

    Year Ended December 31,

    2024

    2023

    2022

    Revenues

    Recurring and other
     
    $
    1,758.3

    $
    1,585.7

    $
    1,342.5

    Interest on funds held for clients

    124.9

    108.0

    32.7

    Total revenues

    1,883.2

    1,693.7

    1,375.2

    Cost of revenues

    Operating expenses

    267.4

    223.7

    169.8

    Depreciation and amortization

    67.2

    52.6

    42.9

    Total cost of revenues

    334.6

    276.3

    212.7

    Administrative expenses

    Sales and marketing

    434.4

    417.6

    346.6

    Research and development

    242.6

    199.0

    148.3

    General and administrative

    158.6

    288.1

    239.1

    Depreciation and amortization

    78.7

    61.4

    49.8

    Total administrative expenses

    914.3

    966.1

    783.8