INSPERITY INC

For the period ended Dec 31, 2024. Filed Feb 11, 2025.

About this filing

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 11, 2025

NSP$49.41-0.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

CONSOLIDATED FINANCIAL STATEMENTS

(in millions, except per share amounts)	December 31, 2024	December 31, 2023
Assets
Cash and cash equivalents	$1,039	$693
Restricted cash	69	57
Marketable securities	16	16
Accounts receivable, net	829	694
Prepaid insurance and related assets	25	7
Funds held for clients and other current assets	107	128
Total current assets	2,085	1,595
Property and equipment, net of accumulated depreciation	192	197
Right-of-use (“ROU”) leased assets	65	57
Deposits and prepaid health insurance	195	215
Goodwill and other intangible assets, net	13	13
Deferred income taxes, net	34	20
Other assets	13	23
Total assets	$2,597	$2,120
Liabilities and stockholders' equity
Accounts payable	$10	$11
Payroll taxes and other payroll deductions payable	901	566
Accrued worksite employee payroll costs	730	559
Accrued health insurance costs	19	46
Accrued workers’ compensation costs	71	60
Accrued corporate payroll and commissions	82	64
Client funds liability and other accrued liabilities	117	130
Total current liabilities	1,930	1,436
Accrued workers’ compensation costs, net of current	135	163
Long-term debt	369	369
Operating lease liabilities, net of current	66	58
Total noncurrent liabilities	570	590
Commitments and contingencies
Stockholders' equity:
Preferred stock ($0.01 per share par value; 20 shares authorized; no shares issued and outstanding)	—	—
Common stock ($0.01 per share par value; 120 shares authorized; 55.5 shares issued and 37.2 shares and 37.3 shares outstanding, respectively)	1	1
Additional paid-in capital	222	185
Treasury stock, at cost (18.3 and 18.2 shares held in treasury, respectively)	(864)	(831)
Retained earnings	738	739
Total stockholders' equity	97	94
Total liabilities and stockholders’ equity	$2,597	$2,120

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.