Automatic Data Processing Inc. (ADP)

Income Statement

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Annual Data

Quarterly Data

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Automatic Data Processing Inc., Consolidated Income Statement

USD $ in thousands

	12 months ended	Jun 30, 2018		Jun 30, 2017		Jun 30, 2016		Jun 30, 2015		Jun 30, 2014		Jun 30, 2013
	Revenues, other than interest on funds held for clients and PEO revenues
	Interest on funds held for clients
	Professional Employer Organization (PEO) revenues
	Revenues
	Operating expenses
	Systems development and programming costs
	Depreciation and amortization
	Costs of revenues
	Gross profit from continuing operations
	Selling, general, and administrative expenses
	Separation costs
	Goodwill impairment
	Operating income
	Interest expense
	Interest income on corporate funds
	Realized gains on available-for-sale securities
	Realized losses on available-for-sale securities
	Gain on sale of notes receivable
	Gain on sale of businesses
	Gain on sale of assets
	Voluntary Early Retirement Program
	Other, net
	Other income (expense), net
	Earnings from continuing operations before income taxes
	Provision for income taxes
	Net earnings from continuing operations
	Net earnings (loss) from discontinued operations
	Net earnings

Source: Automatic Data Processing Inc., Annual Reports

Item	Description	The company
Revenues	Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.	Automatic Data Processing Inc.'s revenues increased from 2016 to 2017 and from 2017 to 2018.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Automatic Data Processing Inc.'s operating income increased from 2016 to 2017 and from 2017 to 2018.
Earnings from continuing operations before income taxes	Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.	Automatic Data Processing Inc.'s earnings from continuing operations before income taxes increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Net earnings from continuing operations	This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.	Automatic Data Processing Inc.'s net earnings from continuing operations increased from 2016 to 2017 but then slightly declined from 2017 to 2018.
Net earnings	The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes.	Automatic Data Processing Inc.'s net earnings increased from 2016 to 2017 but then slightly declined from 2017 to 2018.

	Automatic Data Processing Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality