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Organization
12 Months Ended
Dec. 31, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Organization

1. Organization

Ceridian HCM Holding Inc. and its subsidiaries (also referred to in this report as “Ceridian,” “we,” “our,” and “us”) offer a broad range of services and software designed to help employers more effectively manage employment processes, such as payroll, payroll-related tax filing, human resource information systems, employee self-service, time and labor management, and recruitment and applicant screening. Our technology-based services are typically provided through long-term customer relationships that result in a high level of recurring revenue. While we operate in 14 countries globally, our operations are primarily located in the United States and Canada.

Since our initial public offering (“IPO”) on April 30, 2018, we have completed multiple secondary offerings, in which certain of our stockholders (the “Selling Stockholders”) have sold common stock in underwritten public offerings. All proceeds from the sale of this common stock went to the Selling Stockholders. Our secondary offerings were as follows:

 

Date

 

Shares of Common Stock Sold

 

 

 

Public Offering Price (per share)

 

March 22, 2019 (including 1,222,142 shares purchased pursuant to the underwriters' option to purchase additional shares on April 3, 2019)

 

 

14,222,142

 

 

$

 

50.50

 

May 23, 2019

 

 

8,000,000

 

 

 

 

50.50

 

August 8, 2019

 

 

10,000,000

 

 

 

 

49.75

 

September 6, 2019

 

 

9,000,000

 

 

 

 

56.30

 

November 15, 2019

 

 

10,000,000

 

 

 

 

53.08

 

August 28, 2020

 

 

7,717,347

 

 

 

 

72.18

 

 

We incurred $0.4 million, $2.9 million, and $1.3 million of expenses related to our secondary offerings during the years ended December 31, 2020, 2019, and 2018 respectively. Expenses associated with our secondary offerings are recorded within selling, general, and administrative expense in our consolidated statements of operations.