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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues(1) $ 1,585,129 $ 1,432,107 $ 3,354,781 $ 3,009,944
Payroll taxes, benefits and workers’ compensation costs 1,360,490 1,192,239 2,797,996 2,484,302
Gross profit 224,639 239,868 556,785 525,642
Salaries, wages and payroll taxes 110,942 106,522 235,483 213,961
Stock-based compensation 15,356 15,631 26,466 25,477
Commissions 12,038 10,743 23,055 21,053
Advertising 16,595 12,427 22,535 21,022
General and administrative expenses 43,161 36,095 91,195 77,100
Depreciation and amortization 10,740 10,100 21,237 20,284
Total operating expenses 208,832 191,518 419,971 378,897
Operating income 15,807 48,350 136,814 146,745
Other income (expense):        
Interest income 7,966 945 16,743 1,093
Interest expense (6,687) (2,691) (12,892) (4,616)
Income before income tax expense 17,086 46,604 140,665 143,222
Income tax expense 4,192 13,005 33,176 39,739
Net income $ 12,894 $ 33,599 $ 107,489 $ 103,483
Basic net income per share of common stock (in dollars per share) $ 0.34 $ 0.88 $ 2.82 $ 2.70
Diluted net income per share of common stock (in dollars per share) $ 0.33 $ 0.87 $ 2.78 $ 2.68
Revenue Composition [Abstract]        
Gross billings $ 10,244,493 $ 9,224,643 $ 21,695,755 $ 19,582,548
Worksite employee payroll cost 8,659,364 7,792,536 18,340,974 16,572,604
Revenues(1) $ 1,585,129 $ 1,432,107 $ 3,354,781 $ 3,009,944