10-Q Filing

TRINET GROUP, INC. CIK: 937098 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000937098-23-000199`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	tnet-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 80 Cash Flow Statement 91 Stockholders Equity 22

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$354.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Investments	`ShortTermInvestments`	$75.00M	USD	Point-in-time
Investments	`ShortTermInvestments`	$76.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$833.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$1.26B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$19.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$21.00M	USD	Point-in-time
Unbilled revenue, net	`ContractWithCustomerAssetNetCurrent`	$404.00M	USD	Point-in-time
Unbilled revenue, net	`ContractWithCustomerAssetNetCurrent`	$375.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$75.00M	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$71.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Other payroll assets	`OtherPayrollAssetsCurrent`	$226.00M	USD	Point-in-time
Other payroll assets	`OtherPayrollAssetsCurrent`	$122.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.23M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.56M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$49.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.09M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	50.51M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.67M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$46.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	65.97M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.33B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.85B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.56M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.67M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.09M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	50.51M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	62.23M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	65.97M	shares	Point-in-time
Restricted cash, cash equivalents and investments, noncurrent	`RestrictedCashAndInvestmentsNoncurrent`	$154.00M	USD	Point-in-time
Restricted cash, cash equivalents and investments, noncurrent	`RestrictedCashAndInvestmentsNoncurrent`	$153.00M	USD	Point-in-time
Investments, noncurrent	`InvestmentsAndOtherNoncurrentAssets`	$151.00M	USD	Point-in-time
Investments, noncurrent	`InvestmentsAndOtherNoncurrentAssets`	$143.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.00M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$24.00M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$31.00M	USD	Point-in-time
Goodwill	`Goodwill`	$462.00M	USD	Point-in-time
Goodwill	`Goodwill`	$462.00M	USD	Point-in-time
Software and other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$169.00M	USD	Point-in-time
Software and other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$163.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$145.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$133.00M	USD	Point-in-time
Total assets	`Assets`	$3.44B	USD	Point-in-time
Total assets	`Assets`	$2.97B	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$98.00M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$109.00M	USD	Point-in-time
Client deposits and other client liabilities	`ContractWithCustomerLiabilityCurrent`	$106.00M	USD	Point-in-time
Client deposits and other client liabilities	`ContractWithCustomerLiabilityCurrent`	$73.00M	USD	Point-in-time
Accrued wages	`AccruedSalariesCurrent`	$458.00M	USD	Point-in-time
Accrued wages	`AccruedSalariesCurrent`	$437.00M	USD	Point-in-time
Accrued health insurance costs, net	`CollateralPaidToInsuranceCarriersNetOfHealthBenefitLossReservesCurrent`	$183.00M	USD	Point-in-time
Accrued health insurance costs, net	`CollateralPaidToInsuranceCarriersNetOfHealthBenefitLossReservesCurrent`	$174.00M	USD	Point-in-time
Accrued workers' compensation costs, net	`WorkersCompensationLiabilityCurrent`	$51.00M	USD	Point-in-time
Accrued workers' compensation costs, net	`WorkersCompensationLiabilityCurrent`	$54.00M	USD	Point-in-time
Payroll tax liabilities and other payroll withholdings	`AccruedPayrollTaxLiabilitiesAndOtherPayrollWithholdings`	$1.09B	USD	Point-in-time
Payroll tax liabilities and other payroll withholdings	`AccruedPayrollTaxLiabilitiesAndOtherPayrollWithholdings`	$804.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$15.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$15.00M	USD	Point-in-time
Insurance premiums and other payables	`InsurancePremiumsAndOtherPayables`	$17.00M	USD	Point-in-time
Insurance premiums and other payables	`InsurancePremiumsAndOtherPayables`	$10.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.70B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.99B	USD	Point-in-time
Long-term debt, noncurrent	`LongTermDebtNoncurrent`	$1.09B	USD	Point-in-time
Long-term debt, noncurrent	`LongTermDebtNoncurrent`	$496.00M	USD	Point-in-time
Accrued workers' compensation costs, noncurrent, net	`WorkersCompensationLiabilityNoncurrent`	$128.00M	USD	Point-in-time
Accrued workers' compensation costs, noncurrent, net	`WorkersCompensationLiabilityNoncurrent`	$122.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$5.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$8.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$41.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$30.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$5.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.96B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.67B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at September 30, 2023 and December 31, 2022)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at September 30, 2023 and December 31, 2022)	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital, ($0.000025 par value per share; 750,000,000 shares authorized; 50,507,590 and 60,555,661 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively)	`CommonStocksIncludingAdditionalPaidInCapital`	$899.00M	USD	Point-in-time
Common stock and additional paid-in capital, ($0.000025 par value per share; 750,000,000 shares authorized; 50,507,590 and 60,555,661 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively)	`CommonStocksIncludingAdditionalPaidInCapital`	$953.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-119.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-935.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$881.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$763.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$856.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$915.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$775.00M	USD	Point-in-time
Total liabilities & stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.97B	USD	Point-in-time
Total liabilities & stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.44B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.22B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.68B	USD	3 Qtrs
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$2.55B	USD	3 Qtrs
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$872.00M	USD	1 Quarter
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$874.00M	USD	1 Quarter
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$2.59B	USD	3 Qtrs
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$74.00M	USD	1 Quarter
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$79.00M	USD	1 Quarter
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$231.00M	USD	3 Qtrs
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$225.00M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$72.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$179.00M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$75.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$214.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$51.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$154.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$63.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$165.00M	USD	3 Qtrs
Systems development and programming	`ResearchAndDevelopmentExpense`	$18.00M	USD	1 Quarter
Systems development and programming	`ResearchAndDevelopmentExpense`	$49.00M	USD	3 Qtrs
Systems development and programming	`ResearchAndDevelopmentExpense`	$54.00M	USD	3 Qtrs
Systems development and programming	`ResearchAndDevelopmentExpense`	$15.00M	USD	1 Quarter
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$46.00M	USD	3 Qtrs
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$17.00M	USD	1 Quarter
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$17.00M	USD	1 Quarter
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$53.00M	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$3.29B	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$3.22B	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.11B	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.12B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$116.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$382.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$120.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$443.00M	USD	3 Qtrs
Interest expense, bank fees and other	`InterestExpenseBankFeesAndOther`	$33.00M	USD	3 Qtrs
Interest expense, bank fees and other	`InterestExpenseBankFeesAndOther`	$22.00M	USD	1 Quarter
Interest expense, bank fees and other	`InterestExpenseBankFeesAndOther`	$23.00M	USD	3 Qtrs
Interest expense, bank fees and other	`InterestExpenseBankFeesAndOther`	$10.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$8.00M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$57.00M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$5.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$18.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$416.00M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$103.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$124.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$418.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$111.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$30.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$108.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$26.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$308.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$94.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$307.00M	USD	3 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	3 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$305.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$303.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$84.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$92.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.85	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.23	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.65	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.20	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.81	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.22	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.00M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$308.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$94.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$307.00M	USD	3 Qtrs
Depreciation and amortization of intangible assets	`AmortizationOfIntangibleAssets`	$48.00M	USD	3 Qtrs
Depreciation and amortization of intangible assets	`AmortizationOfIntangibleAssets`	$53.00M	USD	3 Qtrs
Amortization of deferred costs	`OtherAmortizationOfDeferredCharges`	$26.00M	USD	3 Qtrs
Amortization of deferred costs	`OtherAmortizationOfDeferredCharges`	$31.00M	USD	3 Qtrs
Amortization of ROU asset, lease modification, impairment, and abandonment	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$5.00M	USD	3 Qtrs
Amortization of ROU asset, lease modification, impairment, and abandonment	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$15.00M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$46.00M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$43.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.00M	USD	3 Qtrs
Losses and impairment on investments	`GainLossOnInvestments`	-	USD	3 Qtrs
Losses and impairment on investments	`GainLossOnInvestments`	$-18.00M	USD	3 Qtrs
Losses from disposition of assets	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Losses from disposition of assets	`GainLossOnDispositionOfAssets1`	$-3.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-10.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.00M	USD	3 Qtrs
Unbilled revenue, net	`IncreaseDecreaseInContractWithCustomerAsset`	$38.00M	USD	3 Qtrs
Unbilled revenue, net	`IncreaseDecreaseInContractWithCustomerAsset`	$29.00M	USD	3 Qtrs
Prepaid expenses, net	`IncreaseDecreaseInPrepaidExpense`	$4.00M	USD	3 Qtrs
Prepaid expenses, net	`IncreaseDecreaseInPrepaidExpense`	$-3.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$30.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$44.00M	USD	3 Qtrs
Other payroll assets	`IncreaseDecreaseInOtherPayrollAssets`	$56.00M	USD	3 Qtrs
Other payroll assets	`IncreaseDecreaseInOtherPayrollAssets`	$104.00M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$5.00M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$9.00M	USD	3 Qtrs
Client deposits and other client liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-43.00M	USD	3 Qtrs
Client deposits and other client liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-33.00M	USD	3 Qtrs
Accrued wages	`IncreaseDecreaseInAccruedSalaries`	$40.00M	USD	3 Qtrs
Accrued wages	`IncreaseDecreaseInAccruedSalaries`	$21.00M	USD	3 Qtrs
Accrued health insurance costs, net	`IncreaseDecreaseInHealthCareInsuranceLiabilities`	$9.00M	USD	3 Qtrs
Accrued health insurance costs, net	`IncreaseDecreaseInHealthCareInsuranceLiabilities`	$-10.00M	USD	3 Qtrs
Accrued workers' compensation costs, net	`IncreaseDecreaseInWorkersCompensationLiabilities`	$-9.00M	USD	3 Qtrs
Accrued workers' compensation costs, net	`IncreaseDecreaseInWorkersCompensationLiabilities`	$-5.00M	USD	3 Qtrs
Payroll taxes payable and other payroll withholdings	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-252.00M	USD	3 Qtrs
Payroll taxes payable and other payroll withholdings	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-283.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-13.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-13.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-43.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.00M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$337.00M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$226.00M	USD	3 Qtrs
Proceeds from sale and maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$223.00M	USD	3 Qtrs
Proceeds from sale and maturity of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$390.00M	USD	3 Qtrs
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.00M	USD	3 Qtrs
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.00M	USD	3 Qtrs
Acquisition of subsidiary, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of subsidiary, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$219.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-205.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.11B	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$383.00M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.00M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.00M	USD	3 Qtrs
Proceeds from issuance of 2031 Notes	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from issuance of 2031 Notes	`ProceedsFromNotesPayable`	$400.00M	USD	3 Qtrs
Awards effectively repurchased for required employee withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.00M	USD	3 Qtrs
Awards effectively repurchased for required employee withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.00M	USD	3 Qtrs
Proceeds from revolving credit agreement borrowings	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from revolving credit agreement borrowings	`ProceedsFromLinesOfCredit`	$695.00M	USD	3 Qtrs
Payment of long-term financing fees and debt issuance costs	`PaymentsOfLongTermFinancingFeesAndDebtIssuanceCosts`	$9.00M	USD	3 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$495.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-392.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-523.00M	USD	3 Qtrs
Net decrease in cash and cash equivalents, unrestricted and restricted	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-521.00M	USD	3 Qtrs
Net decrease in cash and cash equivalents, unrestricted and restricted	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-623.00M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.74B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$914.00M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.74B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$914.00M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$21.00M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$18.00M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$89.00M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$60.00M	USD	3 Qtrs
Payable for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$7.00M	USD	3 Qtrs
Payable for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$2.00M	USD	3 Qtrs
Acquisitions of subsidiaries paid in stock	`PayableForAcquisitionOfSubsidiaries`	$4.00M	USD	3 Qtrs
Acquisitions of subsidiaries paid in stock	`PayableForAcquisitionOfSubsidiaries`	-	USD	3 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$881.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$10.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$763.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$856.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$915.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$775.00M	USD	Point-in-time
Net income	`NetIncomeLoss`	$308.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$94.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$307.00M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$360.00M	USD	Point-in-time
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$640.00M	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$881.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$10.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$763.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$856.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$915.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$775.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.