TRINET GROUP INC
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 13, 2025
TNET$66.30+2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders' Equity
| FINANCIAL STATEMENTS | Table of Contents |
|---|
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions) | 2024 | 2023 | 2022 |
| Total Stockholders' Equity, beginning balance | $78 | $775 | $881 |
| Common Stock and Additional Paid-In Capital: | |||
| Beginning balance | 976 | 899 | 808 |
| Issuance of common stock from exercise of stock options | — | 4 | 1 |
| Issuance of common stock for employee stock purchase plan | 12 | 11 | 10 |
| Issuance of common stock for the acquisition of Zenefits | — | — | 17 |
| Repurchase of common stock | — | — | 1 |
| Stock based compensation expense | 68 | 62 | 62 |
| Ending balance | 1,056 | 976 | 899 |
| Retained Earnings (Accumulated Deficit): | |||
| Beginning balance | (896) | (119) | 74 |
| Net income | 173 | 375 | 355 |
| Common stock dividends | (50) | — | — |
| Repurchase of common stock | (183) | (1,122) | (524) |
| Awards effectively repurchased for required employee withholding taxes | (28) | (30) | (24) |
| Ending balance | (984) | (896) | (119) |
| Accumulated Other Comprehensive (Loss) Income: | |||
| Beginning balance | (2) | (5) | (1) |
| Other comprehensive (loss) income | (1) | 3 | (4) |
| Ending balance | (3) | (2) | (5) |
| Total Stockholders' Equity, ending balance | $69 | $78 | $775 |
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