$BBSI
BARRETT BUSINESS SERVICES INC

2018 Q1 Form 10-Q Financial Statement

#000156459018011869 Filed on May 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017 Q1
Revenue $224.0M $244.7M $210.0M
YoY Change 6.66% 10.69% 9.96%
Cost Of Revenue $207.7M $195.8M $199.5M
YoY Change 4.09% 10.13% 10.5%
Gross Profit $16.26M $48.95M $10.45M
YoY Change 55.62% 12.95% 0.61%
Gross Profit Margin 7.26% 20.0% 4.98%
Selling, General & Admin $29.43M $34.50M $26.61M
YoY Change 10.59% 6.15% 21.48%
% of Gross Profit 180.96% 70.48% 254.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.000M $2.500M $900.0K
YoY Change 11.11% 150.0% 28.57%
% of Gross Profit 6.15% 5.11% 8.61%
Operating Expenses $29.43M $37.00M $26.61M
YoY Change 10.59% 10.78% 21.48%
Operating Profit -$14.17M $11.95M -$17.10M
YoY Change -17.14% 20.26% 39.43%
Interest Expense $42.00K $1.500M $83.00K
YoY Change -49.4% 650.0% -68.08%
% of Operating Profit 12.55%
Other Income/Expense, Net $1.993M $100.0K $75.00K
YoY Change 2557.33% -1037.5%
Pretax Income -$12.18M $13.50M -$17.03M
YoY Change -28.48% 37.76% 38.72%
Income Tax -$3.054M $1.900M -$5.800M
% Of Pretax Income 14.07%
Net Earnings -$9.123M $10.49M -$11.23M
YoY Change -18.74% 30.31% 40.28%
Net Earnings / Revenue -4.07% 4.28% -5.35%
Basic Earnings Per Share -$1.25 $1.44 -$1.55
Diluted Earnings Per Share -$1.25 $1.38 -$1.55
COMMON SHARES
Basic Shares Outstanding 7.304M 7.300M 7.249M
Diluted Shares Outstanding 7.304M 7.249M

Balance Sheet

Concept 2018 Q1 2017 Q4 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $426.9M $60.51M $566.3M
YoY Change -24.62% -82.98% 1201.9%
Cash & Equivalents $24.00M $59.84M $245.2M
Short-Term Investments $402.9M $674.0K $321.1M
Other Short-Term Assets $113.9M $109.4M $57.90M
YoY Change 96.72% 108.38% -13.32%
Inventory
Prepaid Expenses
Receivables $147.1M $136.7M $139.3M
Other Receivables $4.700M $1.700M $3.100M
Total Short-Term Assets $290.2M $308.2M $219.7M
YoY Change 32.09% 30.95% -21.06%
LONG-TERM ASSETS
Property, Plant & Equipment $25.10M $24.91M $26.60M
YoY Change -5.64% -6.61% 13.49%
Goodwill $47.82M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $1.600M $1.200M $300.0K
YoY Change 433.33% 100.0% -66.67%
Other Assets $325.4M $3.215M $303.0M
YoY Change 7.39% -65.4% 6289.71%
Total Long-Term Assets $399.9M $374.3M $377.7M
YoY Change 5.88% 8.01% 31.45%
TOTAL ASSETS
Total Short-Term Assets $290.2M $308.2M $219.7M
Total Long-Term Assets $399.9M $374.3M $377.7M
Total Assets $690.1M $682.5M $597.4M
YoY Change 15.52% 17.29% 5.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.900M $5.166M $3.500M
YoY Change 11.43% 4.49% -11.17%
Accrued Expenses $298.7M $288.3M $265.5M
YoY Change 12.5% 19.08% 1.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $200.0K $4.600M
YoY Change -95.65% 0.0% -76.77%
Total Short-Term Liabilities $330.2M $322.3M $297.8M
YoY Change 10.88% 17.11% -3.41%
LONG-TERM LIABILITIES
Long-Term Debt $4.100M $4.171M $0.00
YoY Change -5.03%
Other Long-Term Liabilities $280.4M $267.2M $242.1M
YoY Change 15.82% 14.88% 22.03%
Total Long-Term Liabilities $284.5M $4.171M $242.1M
YoY Change 17.51% -5.03% 22.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $330.2M $322.3M $297.8M
Total Long-Term Liabilities $284.5M $4.171M $242.1M
Total Liabilities $614.7M $593.7M $539.9M
YoY Change 13.86% 15.9% 3.82%
SHAREHOLDERS EQUITY
Retained Earnings $77.88M $46.95M
YoY Change 29.83% 23.68%
Common Stock $12.38M $10.62M
YoY Change 27.54% 38.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $75.44M $88.83M $57.55M
YoY Change
Total Liabilities & Shareholders Equity $690.1M $682.5M $597.4M
YoY Change 15.51% 17.29% 5.62%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017 Q1
OPERATING ACTIVITIES
Net Income -$9.123M $10.49M -$11.23M
YoY Change -18.74% 30.31% 40.28%
Depreciation, Depletion And Amortization $1.000M $2.500M $900.0K
YoY Change 11.11% 150.0% 28.57%
Cash From Operating Activities -$2.168M $52.40M -$900.0K
YoY Change 140.89% 127.83% -88.46%
INVESTING ACTIVITIES
Capital Expenditures $1.163M -$1.100M $902.0K
YoY Change 28.94% -38.89% -34.06%
Acquisitions
YoY Change
Other Investing Activities -$60.20M -$15.00M -$92.50M
YoY Change -34.92% -440.91% -421.18%
Cash From Investing Activities -$61.35M -$16.10M -$93.40M
YoY Change -34.32% -719.23% -440.88%
FINANCING ACTIVITIES
Cash Dividend Paid $1.826M $1.813M
YoY Change 0.72% 14.31%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $55.00K $56.00K
YoY Change -1.79% 1.82%
Cash From Financing Activities -1.904M -1.900M -1.800M
YoY Change 5.78% 11.76% 38.46%
NET CHANGE
Cash From Operating Activities -2.168M 52.40M -900.0K
Cash From Investing Activities -61.35M -16.10M -93.40M
Cash From Financing Activities -1.904M -1.900M -1.800M
Net Change In Cash -65.42M 34.40M -96.10M
YoY Change -31.93% 43.93% -625.14%
FREE CASH FLOW
Cash From Operating Activities -$2.168M $52.40M -$900.0K
Capital Expenditures $1.163M -$1.100M $902.0K
Free Cash Flow -$3.331M $53.50M -$1.802M
YoY Change 84.85% 115.73% -80.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q1 bbsi Staffing Services Revenue
StaffingServicesRevenue
37788000
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1686000
CY2017Q4 bbsi Accrued Payroll Payroll Taxes And Related Benefits Liabilities Current
AccruedPayrollPayrollTaxesAndRelatedBenefitsLiabilitiesCurrent
181639000
CY2017Q4 us-gaap Assets
Assets
682485000
CY2017Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
221000
CY2017Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
674000
CY2017Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
103652000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
308235000
CY2017Q4 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
1199000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24909000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5166000
CY2017Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
291273000
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
5834000
CY2017Q4 us-gaap Goodwill
Goodwill
47820000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5724000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3215000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1542000
CY2017Q1 us-gaap Revenues
Revenues
209997000
CY2017Q1 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
28710000
CY2017Q1 us-gaap Cost Of Services Direct Taxes And Licenses Costs
CostOfServicesDirectTaxesAndLicensesCosts
115400000
CY2017Q1 bbsi Cost Of Services Workers Compensation
CostOfServicesWorkersCompensation
55437000
CY2017Q1 us-gaap Cost Of Revenue
CostOfRevenue
199547000
CY2017Q1 us-gaap Gross Profit
GrossProfit
10450000
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
26610000
CY2017Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
942000
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-17102000
CY2017Q1 us-gaap Investment Income Net
InvestmentIncomeNet
158000
CY2017Q1 us-gaap Interest Expense
InterestExpense
83000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16000
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
75000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17027000
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5800000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-11227000
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7249000
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7249000
CY2017Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-20000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11247000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-14000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
69693000
CY2017Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
98000
CY2017Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
68000
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
882000
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
57545000
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1826000
CY2018Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-35000
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1542000
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10394000
CY2017Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12793000
CY2018Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
3061000
CY2017Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
3078000
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3278000
CY2017Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2931000
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1282000
CY2017Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1435000
CY2018Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
9099000
CY2017Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
20383000
CY2018Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-900000
CY2017Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-1151000
CY2017Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3041000
CY2018Q1 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
15378000
CY2017Q1 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
13696000
CY2018Q1 bbsi Increase Decrease In Safety Incentive Liability
IncreaseDecreaseInSafetyIncentiveLiability
-1171000
CY2017Q1 bbsi Increase Decrease In Safety Incentive Liability
IncreaseDecreaseInSafetyIncentiveLiability
-631000
CY2018Q1 bbsi Increase Decrease In Customer Deposits Long Term Liabilities And Other Assets Net
IncreaseDecreaseInCustomerDepositsLongTermLiabilitiesAndOtherAssetsNet
17000
CY2017Q1 bbsi Increase Decrease In Customer Deposits Long Term Liabilities And Other Assets Net
IncreaseDecreaseInCustomerDepositsLongTermLiabilitiesAndOtherAssetsNet
474000
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2168000
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-858000
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1163000
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
902000
CY2018Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
773000
CY2017Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
491000
CY2018Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
589000
CY2017Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
5502000
CY2018Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
81289000
CY2017Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
102722000
CY2018Q1 bbsi Proceeds From Sale And Maturity Of Restricted Investments
ProceedsFromSaleAndMaturityOfRestrictedInvestments
21291000
CY2017Q1 bbsi Proceeds From Sale And Maturity Of Restricted Investments
ProceedsFromSaleAndMaturityOfRestrictedInvestments
5224000
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-61345000
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-93389000
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
55000
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
56000
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
76000
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
68000
CY2018Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1826000
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1813000
CY2018Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
53000
CY2017Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
97000
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1904000
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1840000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-65417000
CY2017Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-96087000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
120205000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
341330000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54788000
CY2017Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245243000
CY2018Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Due to the adoption of Accounting Standards Update (&#8220;ASU&#8221;) No. 2016-18, &#8220;Statement of Cash Flows: Restricted Cash, prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications had no impact on the Company&#8217;s financial condition, operating results, cash flows or stockholders&#8217; equity.</p></div>
CY2018Q1 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Accounting estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of our condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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.&nbsp;&nbsp;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.&nbsp;&nbsp;Estimates are used for fair value measurement of investments, allowance for doubtful accounts, deferred income taxes, carrying values for goodwill and property and equipment, accrued workers&#8217; compensation liabilities and safety incentive liabilities.&nbsp;&nbsp;Actual results may or may not differ from such estimates.</p></div>
CY2018Q1 bbsi Revenue Recognition Peo Service Contract Minimum Term
RevenueRecognitionPeoServiceContractMinimumTerm
P1Y
CY2018Q1 bbsi Period For Cancellation Or Termination Of Peo Service Contract
PeriodForCancellationOrTerminationOfPeoServiceContract
P30D
CY2018Q1 bbsi Payment Term For Staffing Customers
PaymentTermForStaffingCustomers
P30D
CY2018Q1 bbsi Number Of Wholly Owned Insurance Companies
NumberOfWhollyOwnedInsuranceCompanies
2
CY2018Q1 bbsi Cash And Cash Equivalents Maximum Maturity Period
CashAndCashEquivalentsMaximumMaturityPeriod
P3M
CY2018Q1 us-gaap Trading Securities
TradingSecurities
0
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
265000
CY2018Q1 bbsi Estimate Of Liability For Unpaid Safety Incentives
EstimateOfLiabilityForUnpaidSafetyIncentives
27400000
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
300000
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
30788000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
60370000
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
292611
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
226800000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
290600000
CY2018Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
410345000
CY2018Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-7456000
CY2018Q1 us-gaap Marketable Securities
MarketableSecurities
402889000
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
392615000
CY2017Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-1936000
CY2017Q4 us-gaap Marketable Securities
MarketableSecurities
390679000
CY2018Q1 bbsi Restricted Cash And Long Term Workers Compensation Deposits
RestrictedCashAndLongTermWorkersCompensationDeposits
6800000
CY2018Q1 bbsi Workers Compensation Expense Accrual Claims For Current Period
WorkersCompensationExpenseAccrualClaimsForCurrentPeriod
39052000
CY2018Q1 bbsi Workers Compensation Expense Adjustments Accrual Claims For Prior Periods
WorkersCompensationExpenseAdjustmentsAccrualClaimsForPriorPeriods
-6000
CY2018Q1 bbsi Workers Compensation Claim Payments Current Period
WorkersCompensationClaimPaymentsCurrentPeriod
1133000
CY2017Q1 bbsi Workers Compensation Claim Payments Current Period
WorkersCompensationClaimPaymentsCurrentPeriod
1132000
CY2018Q1 bbsi Claim Payments Prior Period
ClaimPaymentsPriorPeriod
22535000
CY2017Q1 bbsi Claim Payments Prior Period
ClaimPaymentsPriorPeriod
23464000
CY2018Q1 bbsi Workers Compensation Claim Payments
WorkersCompensationClaimPayments
23668000
CY2017Q1 bbsi Workers Compensation Claim Payments
WorkersCompensationClaimPayments
24596000
CY2018Q1 bbsi Workers Compensation Change In Claims Incurred In Excess Of Retention Limits
WorkersCompensationChangeInClaimsIncurredInExcessOfRetentionLimits
-21000
CY2017Q1 bbsi Workers Compensation Expense Adjustments Accrual Claims For Prior Periods
WorkersCompensationExpenseAdjustmentsAccrualClaimsForPriorPeriods
2914000
CY2018Q1 bbsi Workers Compensation Expense Accrual Claims
WorkersCompensationExpenseAccrualClaims
39046000
CY2017Q1 bbsi Workers Compensation Expense Accrual Claims
WorkersCompensationExpenseAccrualClaims
38189000
CY2017Q1 bbsi Workers Compensation Change In Claims Incurred In Excess Of Retention Limits
WorkersCompensationChangeInClaimsIncurredInExcessOfRetentionLimits
103000
CY2018Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
378874000
CY2017Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
326233000
CY2018Q1 bbsi Workers Compensation Incurred But Not Reported
WorkersCompensationIncurredButNotReported
217492000
CY2017Q1 bbsi Workers Compensation Incurred But Not Reported
WorkersCompensationIncurredButNotReported
162760000
CY2018Q1 bbsi Workers Compensation Percent To Liabilities Incurred But Not Reported
WorkersCompensationPercentToLiabilitiesIncurredButNotReported
0.57
CY2017Q1 bbsi Workers Compensation Percent To Liabilities Incurred But Not Reported
WorkersCompensationPercentToLiabilitiesIncurredButNotReported
0.50
CY2018Q1 bbsi Insurance Deposit As Security For Future Payment Obligations Under Workers Compensation Program
InsuranceDepositAsSecurityForFuturePaymentObligationsUnderWorkersCompensationProgram
399700000
CY2017Q4 bbsi Insurance Deposit As Security For Future Payment Obligations Under Workers Compensation Program
InsuranceDepositAsSecurityForFuturePaymentObligationsUnderWorkersCompensationProgram
380600000
CY2018Q1 bbsi Amount Remitted To Workers Compensation Insurance
AmountRemittedToWorkersCompensationInsurance
12100000
CY2018Q1 bbsi Specified Investment Balances
SpecifiedInvestmentBalances
84700000
CY2017Q4 bbsi Specified Investment Balances
SpecifiedInvestmentBalances
96800000
CY2018Q1 bbsi Standby Letters Of Credit And Surety Bond
StandbyLettersOfCreditAndSuretyBond
84700000
CY2018Q1 bbsi Workers Compensation Claims Incurred In Excess Of Retention Limits
WorkersCompensationClaimsIncurredInExcessOfRetentionLimits
2900000
CY2017 bbsi Workers Compensation Claims Incurred In Excess Of Retention Limits
WorkersCompensationClaimsIncurredInExcessOfRetentionLimits
3000000
CY2018Q1 bbsi Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit
0
CY2018Q1 bbsi Tax Cuts And Jobs Act Of2017 Accounting Complete
TaxCutsAndJobsActOf2017AccountingComplete
false

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