$BBSI
BARRETT BUSINESS SERVICES INC

2023 Q3 Form 10-Q Financial Statement

#000095017023037341 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $273.3M $264.6M
YoY Change -0.18% 0.93%
Cost Of Revenue $205.0M $197.6M
YoY Change -0.93% 1.17%
Gross Profit $68.33M $67.05M
YoY Change 2.13% 0.24%
Gross Profit Margin 25.0% 25.34%
Selling, General & Admin $44.16M $43.81M
YoY Change 2.7% 3.63%
% of Gross Profit 64.63% 65.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.900M $1.729M
YoY Change 22.27% 13.53%
% of Gross Profit 2.78% 2.58%
Operating Expenses $44.16M $45.54M
YoY Change 2.7% 7.72%
Operating Profit $22.30M $21.51M
YoY Change -0.2% -6.85%
Interest Expense $80.00K $2.129M
YoY Change 128.57% 6351.52%
% of Operating Profit 0.36% 9.9%
Other Income/Expense, Net $2.370M $19.00K
YoY Change 51.15% -98.78%
Pretax Income $24.67M $23.66M
YoY Change 3.17% -4.01%
Income Tax $6.453M $6.641M
% Of Pretax Income 26.16% 28.07%
Net Earnings $18.22M $17.02M
YoY Change 4.48% -5.54%
Net Earnings / Revenue 6.67% 6.43%
Basic Earnings Per Share $2.72 $2.52
Diluted Earnings Per Share $2.68 $2.48
COMMON SHARES
Basic Shares Outstanding 6.730M 6.806M
Diluted Shares Outstanding 6.795M 6.875M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $129.2M $133.0M
YoY Change -2.2% 19.39%
Cash & Equivalents $41.58M $48.35M
Short-Term Investments $87.65M $84.66M
Other Short-Term Assets $93.00M $86.60M
YoY Change -30.65% -34.53%
Inventory
Prepaid Expenses
Receivables $205.2M $198.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $427.5M $417.7M
YoY Change -7.23% -18.19%
LONG-TERM ASSETS
Property, Plant & Equipment $48.68M $68.17M
YoY Change 12.63% 63.38%
Goodwill $47.82M $47.82M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.765M $138.3M
YoY Change 12.76% 5570.92%
Total Long-Term Assets $262.5M $254.2M
YoY Change 11.15% 3.46%
TOTAL ASSETS
Total Short-Term Assets $427.5M $417.7M
Total Long-Term Assets $262.5M $254.2M
Total Assets $690.0M $671.9M
YoY Change -1.0% -11.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.268M $5.701M
YoY Change 15.7% 31.94%
Accrued Expenses $314.7M $324.0M
YoY Change -5.25% -14.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $341.1M $335.8M
YoY Change -0.19% -13.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $168.5M $158.1M
YoY Change -8.36% -17.65%
Total Long-Term Liabilities $168.5M $158.1M
YoY Change -8.36% -17.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $341.1M $335.8M
Total Long-Term Liabilities $168.5M $158.1M
Total Liabilities $509.6M $493.9M
YoY Change -3.06% -15.1%
SHAREHOLDERS EQUITY
Retained Earnings $175.2M $169.3M
YoY Change 2.62% 2.36%
Common Stock $34.91M $34.64M
YoY Change 11.11% 11.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $180.4M $178.0M
YoY Change
Total Liabilities & Shareholders Equity $690.0M $671.9M
YoY Change -1.0% -11.16%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $18.22M $17.02M
YoY Change 4.48% -5.54%
Depreciation, Depletion And Amortization $1.900M $1.729M
YoY Change 22.27% 13.53%
Cash From Operating Activities $33.20M $3.318M
YoY Change -3.37% -146.04%
INVESTING ACTIVITIES
Capital Expenditures $2.300M $2.811M
YoY Change -175.41% -269.95%
Acquisitions
YoY Change
Other Investing Activities -$8.800M -$1.511M
YoY Change -243.35% -107.36%
Cash From Investing Activities -$11.10M -$4.322M
YoY Change -459.34% -122.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.20M -12.46M
YoY Change 4.67% -44.3%
NET CHANGE
Cash From Operating Activities 33.20M 3.318M
Cash From Investing Activities -11.10M -4.322M
Cash From Financing Activities -14.20M -12.46M
Net Change In Cash 7.900M -13.46M
YoY Change -66.92% 25.84%
FREE CASH FLOW
Cash From Operating Activities $33.20M $3.318M
Capital Expenditures $2.300M $2.811M
Free Cash Flow $30.90M $507.0K
YoY Change -17.4% -109.13%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000902791
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-21886
dei Entity Registrant Name
EntityRegistrantName
BARRETT BUSINESS SERVICES, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
52-0812977
dei Entity Address Address Line1
EntityAddressAddressLine1
8100 NE Parkway Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 200
dei Entity Address City Or Town
EntityAddressCityOrTown
Vancouver
dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98662
dei City Area Code
CityAreaCode
360
dei Local Phone Number
LocalPhoneNumber
828-0700
dei Security12b Title
Security12bTitle
Common Stock, Par Value $0.01 Per Share
dei Trading Symbol
TradingSymbol
BBSI
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6729644
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48347000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
91423000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
84658000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
68325000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
198055000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
163838000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
17625000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19787000
CY2023Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
68970000
CY2022Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
110989000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
417655000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
454362000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48354000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45954000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19818000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19804000
CY2023Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
123443000
CY2022Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
104277000
CY2023Q2 us-gaap Goodwill
Goodwill
47820000
CY2022Q4 us-gaap Goodwill
Goodwill
47820000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3995000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3281000
CY2023Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
10819000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
11440000
CY2023Q2 us-gaap Assets
Assets
671904000
CY2022Q4 us-gaap Assets
Assets
686938000
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
5701000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
8264000
CY2023Q2 bbsi Accrued Payroll Payroll Taxes And Related Benefits Liabilities Current
AccruedPayrollPayrollTaxesAndRelatedBenefitsLiabilitiesCurrent
238388000
CY2022Q4 bbsi Accrued Payroll Payroll Taxes And Related Benefits Liabilities Current
AccruedPayrollPayrollTaxesAndRelatedBenefitsLiabilitiesCurrent
222331000
CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
4491000
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
610000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6882000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6957000
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
22785000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
31603000
CY2023Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
55941000
CY2022Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
62917000
CY2023Q2 bbsi Safety Incentives Liability Current
SafetyIncentivesLiabilityCurrent
1630000
CY2022Q4 bbsi Safety Incentives Liability Current
SafetyIncentivesLiabilityCurrent
2049000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
335818000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
334731000
CY2023Q2 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
135881000
CY2022Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
153070000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
14236000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
14225000
CY2023Q2 bbsi Customer Deposits And Other Long Term Liabilities
CustomerDepositsAndOtherLongTermLiabilities
8000000
CY2022Q4 bbsi Customer Deposits And Other Long Term Liabilities
CustomerDepositsAndOtherLongTermLiabilities
7070000
CY2023Q2 us-gaap Liabilities
Liabilities
493935000
CY2022Q4 us-gaap Liabilities
Liabilities
509096000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20500000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20500000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6686000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6686000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6871000
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6871000
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
67000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
69000
CY2023Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
34576000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
32744000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-25970000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-27594000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
169296000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
172623000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
177969000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
177842000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
671904000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
686938000
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
264630000
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
262179000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
519297000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
508554000
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
197584000
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
195294000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
410707000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
401316000
CY2023Q2 us-gaap Gross Profit
GrossProfit
67046000
CY2022Q2 us-gaap Gross Profit
GrossProfit
66885000
us-gaap Gross Profit
GrossProfit
108590000
us-gaap Gross Profit
GrossProfit
107238000
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
43808000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42272000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
85034000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
82437000
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1729000
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1523000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3406000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3031000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
21509000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
23090000
us-gaap Operating Income Loss
OperatingIncomeLoss
20150000
us-gaap Operating Income Loss
OperatingIncomeLoss
21770000
CY2023Q2 us-gaap Investment Income Net
InvestmentIncomeNet
2129000
CY2022Q2 us-gaap Investment Income Net
InvestmentIncomeNet
1568000
us-gaap Investment Income Net
InvestmentIncomeNet
4444000
us-gaap Investment Income Net
InvestmentIncomeNet
3206000
CY2022Q2 us-gaap Interest Expense
InterestExpense
33000
us-gaap Interest Expense
InterestExpense
38000
us-gaap Interest Expense
InterestExpense
67000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
55000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
51000
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2148000
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1554000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4461000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3190000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23657000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24644000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24611000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24960000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6641000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6630000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6776000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6658000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
17016000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
18014000
us-gaap Net Income Loss
NetIncomeLoss
17835000
us-gaap Net Income Loss
NetIncomeLoss
18302000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.52
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.51
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6751000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7162000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6809000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7284000
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.47
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.48
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6875000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7257000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6931000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7365000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
17016000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
18014000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-775000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-3296000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2028000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-8624000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14988000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9390000
us-gaap Net Income Loss
NetIncomeLoss
17835000
us-gaap Net Income Loss
NetIncomeLoss
18302000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
620000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-8783000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1624000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-22982000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19459000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4680000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
177842000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
339000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1005000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1928000
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8030000
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2067000
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3652000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
819000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
173478000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2000
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
304000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1963000
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10145000
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2013000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2028000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
17016000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
177969000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
208530000
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
411000
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
185000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1830000
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8575000
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2229000
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-14358000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
288000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
185712000
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
258000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1766000
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19917000
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2195000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-8624000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
18014000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
174498000
us-gaap Net Income Loss
NetIncomeLoss
17835000
us-gaap Net Income Loss
NetIncomeLoss
18302000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3406000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3031000
bbsi Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
3514000
bbsi Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
3499000
bbsi Accretion Amortization And Gain Loss On Investments
AccretionAmortizationAndGainLossOnInvestments
-468000
bbsi Accretion Amortization And Gain Loss On Investments
AccretionAmortizationAndGainLossOnInvestments
-600000
us-gaap Share Based Compensation
ShareBasedCompensation
3891000
us-gaap Share Based Compensation
ShareBasedCompensation
3596000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
34217000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
111163000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
3881000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
3541000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2162000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2752000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2563000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-164000
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
16507000
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
83795000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-8936000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
3080000
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-24902000
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-37871000
bbsi Increase Decrease In Safety Incentive Liability
IncreaseDecreaseInSafetyIncentiveLiability
-419000
bbsi Increase Decrease In Safety Incentive Liability
IncreaseDecreaseInSafetyIncentiveLiability
-1562000
bbsi Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
3592000
bbsi Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
3280000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
232000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
68000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-23197000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-37416000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5806000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8408000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
188000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
514000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
11363000
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
11454000
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
3062000
bbsi Proceeds From Sales And Maturities Of Restricted Investments
ProceedsFromSalesAndMaturitiesOfRestrictedInvestments
10571000
bbsi Proceeds From Sales And Maturities Of Restricted Investments
ProceedsFromSalesAndMaturitiesOfRestrictedInvestments
39490000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6363000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
39383000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3510000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18175000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
28492000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1309000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
443000
us-gaap Payments Of Dividends
PaymentsOfDividends
4080000
us-gaap Payments Of Dividends
PaymentsOfDividends
4424000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
341000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
411000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23223000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-36458000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-52783000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-34491000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
107378000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
78629000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
54595000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
44138000
bbsi Revenue Recognition Peo Service Contract Minimum Term
RevenueRecognitionPeoServiceContractMinimumTerm
P1Y
bbsi Period For Cancellation Or Termination Of Peo Service Contract
PeriodForCancellationOrTerminationOfPeoServiceContract
P30D
bbsi Payment Term For Staffing Customers
PaymentTermForStaffingCustomers
P30D
CY2023Q2 bbsi Number Of Wholly Owned Insurance Companies
NumberOfWhollyOwnedInsuranceCompanies
2
bbsi Cash And Cash Equivalents Maximum Maturity Period
CashAndCashEquivalentsMaximumMaturityPeriod
P3M
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
885000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
893000
CY2023Q2 bbsi Estimate Of Liability For Unpaid Safety Incentives
EstimateOfLiabilityForUnpaidSafetyIncentives
1600000
CY2022Q4 bbsi Estimate Of Liability For Unpaid Safety Incentives
EstimateOfLiabilityForUnpaidSafetyIncentives
2000000.0
us-gaap Income Taxes Paid
IncomeTaxesPaid
2840000
us-gaap Income Taxes Paid
IncomeTaxesPaid
3100000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48347000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
91423000
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34098000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69405000
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6248000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15955000
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10040000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9224000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54595000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107378000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44138000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
78629000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6751000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7162000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6809000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7284000
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
124000
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
95000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
122000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
81000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6875000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7257000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6931000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7365000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Accounting estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">The preparation of our condensed consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions. These affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Estimates are used for fair value measurement of investments, allowance for doubtful accounts, deferred income taxes, carrying values for goodwill and property, equipment and software, accrued workers’ compensation liabilities and safety incentive liabilities. Actual results may or may not differ from such estimates.</span></p>
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
318184000
CY2023Q2 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-35896000
CY2023Q2 us-gaap Marketable Securities
MarketableSecurities
282288000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
346087000
CY2022Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-38140000
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
307947000
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
6400000
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
15900000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
22036000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
115735000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
83968000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1444000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
223183000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
45568000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
79860000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
111867000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
10859000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
248154000
CY2023Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
201641000
CY2022Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
262646000
CY2022Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
215987000
CY2021Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
279407000
CY2023Q2 bbsi Workers Compensation Expense Accrual Claims For Current Period
WorkersCompensationExpenseAccrualClaimsForCurrentPeriod
3482000
CY2022Q2 bbsi Workers Compensation Expense Accrual Claims For Current Period
WorkersCompensationExpenseAccrualClaimsForCurrentPeriod
4541000
bbsi Workers Compensation Expense Accrual Claims For Current Period
WorkersCompensationExpenseAccrualClaimsForCurrentPeriod
7844000
bbsi Workers Compensation Expense Accrual Claims For Current Period
WorkersCompensationExpenseAccrualClaimsForCurrentPeriod
8825000
CY2023Q2 bbsi Workers Compensation Expense Adjustments Accrual Claims For Prior Periods
WorkersCompensationExpenseAdjustmentsAccrualClaimsForPriorPeriods
-1580000
CY2022Q2 bbsi Workers Compensation Expense Adjustments Accrual Claims For Prior Periods
WorkersCompensationExpenseAdjustmentsAccrualClaimsForPriorPeriods
-6458000
bbsi Workers Compensation Expense Adjustments Accrual Claims For Prior Periods
WorkersCompensationExpenseAdjustmentsAccrualClaimsForPriorPeriods
-2694000
bbsi Workers Compensation Expense Adjustments Accrual Claims For Prior Periods
WorkersCompensationExpenseAdjustmentsAccrualClaimsForPriorPeriods
-9377000
CY2023Q2 bbsi Workers Compensation Expense Accrual Claims
WorkersCompensationExpenseAccrualClaims
1902000
CY2022Q2 bbsi Workers Compensation Expense Accrual Claims
WorkersCompensationExpenseAccrualClaims
-1917000
bbsi Workers Compensation Expense Accrual Claims
WorkersCompensationExpenseAccrualClaims
5150000
bbsi Workers Compensation Expense Accrual Claims
WorkersCompensationExpenseAccrualClaims
-552000
CY2023Q2 bbsi Workers Compensation Claim Payments Current Period
WorkersCompensationClaimPaymentsCurrentPeriod
585000
CY2022Q2 bbsi Workers Compensation Claim Payments Current Period
WorkersCompensationClaimPaymentsCurrentPeriod
803000
bbsi Workers Compensation Claim Payments Current Period
WorkersCompensationClaimPaymentsCurrentPeriod
765000
bbsi Workers Compensation Claim Payments Current Period
WorkersCompensationClaimPaymentsCurrentPeriod
1028000
CY2023Q2 bbsi Claim Payments Prior Period
ClaimPaymentsPriorPeriod
11807000
CY2022Q2 bbsi Claim Payments Prior Period
ClaimPaymentsPriorPeriod
18257000
bbsi Claim Payments Prior Period
ClaimPaymentsPriorPeriod
29287000
bbsi Claim Payments Prior Period
ClaimPaymentsPriorPeriod
36291000
CY2023Q2 bbsi Workers Compensation Claim Payments
WorkersCompensationClaimPayments
12392000
CY2022Q2 bbsi Workers Compensation Claim Payments
WorkersCompensationClaimPayments
19060000
bbsi Workers Compensation Claim Payments
WorkersCompensationClaimPayments
30052000
bbsi Workers Compensation Claim Payments
WorkersCompensationClaimPayments
37319000
CY2023Q2 bbsi Workers Compensation Change In Claims Incurred In Excess Of Retention Limits
WorkersCompensationChangeInClaimsIncurredInExcessOfRetentionLimits
671000
CY2022Q2 bbsi Workers Compensation Change In Claims Incurred In Excess Of Retention Limits
WorkersCompensationChangeInClaimsIncurredInExcessOfRetentionLimits
-159000
bbsi Workers Compensation Change In Claims Incurred In Excess Of Retention Limits
WorkersCompensationChangeInClaimsIncurredInExcessOfRetentionLimits
737000
bbsi Workers Compensation Change In Claims Incurred In Excess Of Retention Limits
WorkersCompensationChangeInClaimsIncurredInExcessOfRetentionLimits
-26000
CY2023Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
191822000
CY2022Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
241510000
CY2023Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
191822000
CY2022Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
241510000
CY2023Q2 bbsi Workers Compensation Incurred But Not Reported
WorkersCompensationIncurredButNotReported
90053000
CY2022Q2 bbsi Workers Compensation Incurred But Not Reported
WorkersCompensationIncurredButNotReported
124320000
bbsi Workers Compensation Incurred But Not Reported
WorkersCompensationIncurredButNotReported
90053000
bbsi Workers Compensation Incurred But Not Reported
WorkersCompensationIncurredButNotReported
124320000
CY2023Q2 bbsi Workers Compensation Percent To Liabilities Incurred But Not Reported
WorkersCompensationPercentToLiabilitiesIncurredButNotReported
0.47
CY2022Q2 bbsi Workers Compensation Percent To Liabilities Incurred But Not Reported
WorkersCompensationPercentToLiabilitiesIncurredButNotReported
0.51
bbsi Workers Compensation Percent To Liabilities Incurred But Not Reported
WorkersCompensationPercentToLiabilitiesIncurredButNotReported
0.47
bbsi Workers Compensation Percent To Liabilities Incurred But Not Reported
WorkersCompensationPercentToLiabilitiesIncurredButNotReported
0.51
bbsi Description Of Renewed Agreement
DescriptionOfRenewedAgreement
Effective July 1, 2021, the Company entered into a new arrangement for its insured program, whereby third-party insurers assumed all risk of loss for claims incurred from July 1, 2021 to June 30, 2022 (the “2021-2022 Policy”). The arrangement for the insured program was renewed for claims incurred from July 1, 2022 to June 30, 2023 (the “2022-2023 Policy”) and for claims incurred from July 1, 2023 to June 30, 2024 (the “2023-2024 Policy”).
CY2020Q2 bbsi Insurance Deposit As Security For Future Payment Obligations Under Workers Compensation Program
InsuranceDepositAsSecurityForFuturePaymentObligationsUnderWorkersCompensationProgram
115700000
CY2020Q2 bbsi Insurance Deposit As Security For Future Payment Obligations Under Workers Compensation Program
InsuranceDepositAsSecurityForFuturePaymentObligationsUnderWorkersCompensationProgram
115700000
bbsi Percentage Of Claims Excluded
PercentageOfClaimsExcluded
0.10
CY2023Q2 bbsi Insurance Deposit As Security For Future Payment Obligations Under Workers Compensation Program
InsuranceDepositAsSecurityForFuturePaymentObligationsUnderWorkersCompensationProgram
163400000
CY2022Q4 bbsi Insurance Deposit As Security For Future Payment Obligations Under Workers Compensation Program
InsuranceDepositAsSecurityForFuturePaymentObligationsUnderWorkersCompensationProgram
188200000
CY2023Q2 bbsi Collateral Securities Maintain To Cover Potential Workers Compensation Claims Losses
CollateralSecuritiesMaintainToCoverPotentialWorkersCompensationClaimsLosses
48100000
CY2022Q4 bbsi Collateral Securities Maintain To Cover Potential Workers Compensation Claims Losses
CollateralSecuritiesMaintainToCoverPotentialWorkersCompensationClaimsLosses
54500000
CY2023Q2 bbsi Standby Letters Of Credit And Surety Bond
StandbyLettersOfCreditAndSuretyBond
48100000
CY2023Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
191800000
CY2022Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
216000000.0
bbsi Workers Compensation Claims Incurred In Excess Of Retention Limits
WorkersCompensationClaimsIncurredInExcessOfRetentionLimits
3700000
CY2022 bbsi Workers Compensation Claims Incurred In Excess Of Retention Limits
WorkersCompensationClaimsIncurredInExcessOfRetentionLimits
3000000.0
us-gaap Line Of Credit Facility Commitment Fee Description
LineOfCreditFacilityCommitmentFeeDescription
The Agreement also provides for an unused commitment fee of 0.30% per year on the average daily unused amount of the revolving credit line, as well as a fee of 1.75% of the face amount of each letter of credit reserved under the line of credit.
CY2023Q2 bbsi Tangible Net Worth
TangibleNetWorth
100000000
CY2023Q1 bbsi Tangible Net Worth
TangibleNetWorth
100000000
CY2022Q4 bbsi Tangible Net Worth
TangibleNetWorth
100000000
CY2022Q3 bbsi Tangible Net Worth
TangibleNetWorth
100000000
bbsi Debt Agreement Covenant Compliance Investment
DebtAgreementCovenantComplianceInvestment
10000000
us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
1700000
CY2023Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
600000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
600000
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
0

Files In Submission

Name View Source Status
0000950170-23-037341-index-headers.html Edgar Link pending
0000950170-23-037341-index.html Edgar Link pending
0000950170-23-037341.txt Edgar Link pending
0000950170-23-037341-xbrl.zip Edgar Link pending
bbsi-20230630.htm Edgar Link pending
bbsi-20230630.xsd Edgar Link pending
bbsi-ex31_1.htm Edgar Link pending
bbsi-ex31_2.htm Edgar Link pending
bbsi-ex32.htm Edgar Link pending
bbsi-ex4_1.htm Edgar Link pending
bbsi-ex4_2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
bbsi-20230630_def.xml Edgar Link unprocessable
bbsi-20230630_lab.xml Edgar Link unprocessable
bbsi-20230630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
bbsi-20230630_htm.xml Edgar Link completed
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
bbsi-20230630_cal.xml Edgar Link unprocessable