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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|
|Systems development and programming costs|
|Depreciation and amortization|
|Costs of revenues|
|Gross profit from continuing operations|
|Selling, general, and administrative expenses|
|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 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|
Based on: 10-K (filing date: 2018-08-03), 10-K (filing date: 2017-08-04), 10-K (filing date: 2016-08-05), 10-K (filing date: 2015-08-07), 10-K (filing date: 2014-08-08), 10-K (filing date: 2013-08-19).
|Revenues||Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.||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||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to 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||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Automatic Data Processing Inc.'s net earnings increased from 2016 to 2017 but then slightly declined from 2017 to 2018.|