Edition:
United States

Income Statements: Automatic Data Processing Inc (ADP.OQ)

ADP.OQ on NASDAQ Stock Exchange Global Select Market

165.39USD
4:00pm EDT
Change (% chg)

$1.19 (+0.72%)
Prev Close
$164.20
Open
$164.46
Day's High
$166.15
Day's Low
$164.39
Volume
698,114
Avg. Vol
715,250
52-wk High
$170.45
52-wk Low
$121.40

Interim Income Statement
View: AnnualInterim

In Millions ofU.S. Dollars
(except for per share items)
2019
2019-03-31
Period Length
3 Months
Revenue 3,847.4
Other Revenue, Total --
Total Revenue 3,847.4
Cost of Revenue, Total 1,874.5
Gross Profit 1,972.9
Selling/General/Admin. Expenses, Total 758.1
Research & Development 160.1
Depreciation/Amortization 77.2
Interest Expense, Net - Operating --
Interest/Investment Income - Operating --
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) (7.7)
Other Operating Expenses, Total (5.9)
Total Operating Expense 2,856.3
Operating Income 991.1
Interest Expense, Net Non-Operating (21.7)
Interest/Invest Income - Non-Operating 15.1
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets 0.0
Other, Net --
Net Income Before Taxes 984.5
Provision for Income Taxes 230.8
Net Income After Taxes 753.7
Minority Interest --
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 753.7
Accounting Change --
Discontinued Operations --
Extraordinary Item 0.0
Tax on Extraordinary Items --
Net Income 753.7
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 753.7
Income Available to Com Incl ExtraOrd 753.7
Basic Weighted Average Shares 434.10
Basic EPS Excluding Extraordinary Items 1.736
Basic EPS Including Extraordinary Items 1.736
Dilution Adjustment --
Diluted Weighted Average Shares 436.60
Diluted EPS Excluding ExtraOrd Items 1.726
Diluted EPS Including ExtraOrd Items 1.726
DPS - Common Stock Primary Issue 0.790
Gross Dividends - Common Stock 344.2
Total Special Items 15.1
Normalized Income Before Taxes 999.6
Effect of Special Items on Income Taxes (5.6)
Inc Tax Ex Impact of Sp Items 225.2
Normalized Income After Taxes 774.4
Normalized Inc. Avail to Com. 774.4
Basic Normalized EPS 1.784
Diluted Normalized EPS 1.774

3rd Circuit upholds ADP's restrictions for employee stock awards

New Jersey payroll software company Automatic Data Processing had a legitimate business interest in requiring high-performing employees to sign non-compete agreements and similar pledges to qualify for stock option awards, a federal appeals court ruled.