Company: NSP
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001000753-25-000008
Chunk: 95

Company: INSPERITY, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 16
Chunk 95
---
 amounts)December 31, 2024December 31, 2023AssetsCash and cash equivalents$1,039 $693 Restricted cash69 57 Marketable securities16 16 Accounts receivable, net829 694 Prepaid insurance and related assets25 7 Funds held for clients and other current assets107 128 Total current assets2,085 1,595 Property and equipment, net of accumulated depreciation192 197 Right-of-use (“ROU”) leased assets65 57 Deposits and prepaid health insurance195 215 Goodwill and other intangible assets, net13 13 Deferred income taxes, net34 20 Other assets13 23 Total assets$2,597 $2,120 Liabilities and stockholders' equityAccounts payable$10 $11 Payroll taxes and other payroll deductions payable901 566 Accrued worksite employee payroll costs730 559 Accrued health insurance costs19 46 Accrued workers’ compensation costs71 60 Accrued corporate payroll and commissions82 64 Client funds liability and other accrued liabilities117 130 Total current liabilities1,930 1,436 Accrued workers’ compensation costs, net of current135 163 Long-term debt369 369 Operating lease liabilities, net of current66 58 Total noncurrent liabilities570 590 Commitments and contingenciesStockholders' equity:Preferred stock ($0.01 per share par value; 20 shares authorized; no shares issued and outstanding)— — Common stock ($0.01 per share par value; 120 shares authorized; 55.5 shares issued and 37.2 shares and 37.3 shares outstanding, respectively)1 1 Additional paid-in capital222 185 Treasury stock, at cost (18.3 and 18.2 shares held in treasury, respectively)(864)(831)Retained earnings738 739 Total stockholders' equity97 94 Total liabilities and stockholders’ equity$2,597 $2,120 

See accompanying notes.

 F-62024   Form 10-K

CONSOLIDATED FINANCIAL STATEMENTS

INSPERITY, INC.

CONSOLIDATED STATEMENTS OF INCOMEYear Ended December 31,(in millions, except per share amounts)202420232022Revenues$6,581 $6,486 $5,