NSP FY 2020 Earnings Report — Insperity, Inc. Revenue & Financial Results | Market Cap Arena

Insperity, Inc.NSP

FY 2020 Earnings

Reported February 11, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$4.3B	—	$4.3B	—	-0.6%
Op. Income	$195M	—	$187M	—	4.3%
Gross Margin	18.8%	—	17.0%	—	1.8pp
Net Margin	3.2%	—	3.5%	—	-0.3pp
EPS (Diluted)	$3.54	—	$3.74	—	-5.3%
Free Cash Flow	$248M	—	$149M	—	66.7%

Revenue Flow

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$3.5B
GROSS PROFIT	$807M
R&D Expenses	$9M
Selling & Marketing	$54M
General & Administrative	$527M
SG&A Expenses	$581M
Other Expenses	$22M
Operating Expenses	$612M
Cost & Expenses	$4.1B
OPERATING INCOME	$195M
Interest Income	$3M
Interest Expense	$8M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$189M
Income Tax Expense	$51M
Net Income from Continuing Ops	$138M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$138M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$137M
D&A	$31M
EBIT	$197M
EBITDA	$228M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$3.5B
GROSS PROFIT	$807M
R&D Expenses	$9M
Selling & Marketing	$54M
General & Administrative	$527M
SG&A Expenses	$581M
Other Expenses	$22M
Operating Expenses	$612M
Cost & Expenses	$4.1B
OPERATING INCOME	$195M
Interest Income	$3M
Interest Expense	$8M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$189M
Income Tax Expense	$51M
Net Income from Continuing Ops	$138M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$138M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$137M
D&A	$31M
EBIT	$197M
EBITDA	$228M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$138M
Depreciation & Amortization	$31M
Stock-Based Compensation	$60M
Deferred Income Tax	-$6M
Other Non-Cash Items	$783.0K
Change in Working Capital	$122M
OPERATING CASH FLOW	$346M
Capital Expenditure	-$98M
Acquisitions (Net)	$0
Purchases of Investments	-$51M
Sales/Maturities of Investments	$50M
Other Investing Activities	$43.0K
NET CASH FROM INVESTING	-$99M
Net Debt Issuance	$100M
Common Stock Repurchased	-$99M
Common Dividends Paid	-$62M
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$54M
FREE CASH FLOW	$248M
Net Change in Cash	$194M

Balance Sheet

Item	Amount
Cash & Equivalents	$555M
Short-Term Investments	$35M
Net Receivables	$393M
Inventory	$0
Other Current Assets	$85M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$277M
Goodwill	$13M
Intangible Assets	$7.0K
Long-Term Investments	$0
Tax Assets	$10M
Other Non-Current Assets	$208M
TOTAL NON-CURRENT ASSETS	$507M
TOTAL ASSETS	$1.6B
Account Payables	$6M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$48M
TOTAL CURRENT LIABILITIES	$905M
Long-Term Debt	$369M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$202M
TOTAL NON-CURRENT LIABILITIES	$635M
TOTAL LIABILITIES	$1.5B
Common Stock	$555.0K
Additional Paid-In Capital	$96M
Retained Earnings	$575M
Treasury Stock	-$627M
Accum. Other Comp. Income	$5.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$44M
Minority Interest	$0
TOTAL EQUITY	$44M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$434M
Net Debt	-$121M