2021 Q4 Form 10-K Financial Statement

#000100075322000009 Filed on February 11, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.291B $4.973B $1.056B
YoY Change 22.24% 16.0% -1.75%
Cost Of Revenue $1.121B $4.153B $888.8M
YoY Change 26.08% 19.33% -2.67%
Gross Profit $170.6M $820.1M $167.6M
YoY Change 1.8% 1.64% 3.5%
Gross Profit Margin 13.21% 16.49% 15.87%
Selling, General & Admin $145.1M $608.2M $152.0M
YoY Change -4.53% 4.69% 20.25%
% of Gross Profit 85.05% 74.16% 90.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.83M $38.55M $7.900M
YoY Change 37.11% 23.59% 1.28%
% of Gross Profit 6.35% 4.7% 4.71%
Operating Expenses $155.9M $646.8M $159.8M
YoY Change -2.41% 5.65% 19.08%
Operating Profit $14.68M $173.3M $7.800M
YoY Change 88.19% -10.97% -71.86%
Interest Expense -$1.704M $7.458M -$1.500M
YoY Change 13.6% -6.96% 650.0%
% of Operating Profit -11.61% 4.3% -19.23%
Other Income/Expense, Net
YoY Change
Pretax Income $12.98M $168.3M $6.300M
YoY Change 105.95% -11.07% -77.17%
Income Tax $3.267M $44.24M $2.000M
% Of Pretax Income 25.18% 26.28% 31.75%
Net Earnings $9.708M $124.1M $4.300M
YoY Change 125.77% -10.24% -78.92%
Net Earnings / Revenue 0.75% 2.5% 0.41%
Basic Earnings Per Share $3.22
Diluted Earnings Per Share $248.5K $3.18 $112.9K
COMMON SHARES
Basic Shares Outstanding 38.50M shares 38.43M shares 38.35M shares
Diluted Shares Outstanding 38.90M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $607.6M $607.6M $589.4M
YoY Change 3.09% 3.09% 46.58%
Cash & Equivalents $575.8M $575.8M $554.8M
Short-Term Investments $31.79M $31.79M $34.50M
Other Short-Term Assets $53.31M $111.5M $39.46M
YoY Change 35.1% 17.15% -9.27%
Inventory
Prepaid Expenses
Receivables $10.52M $501.1M $6.559M
Other Receivables $24.66M $24.66M $0.00
Total Short-Term Assets $1.245B $1.245B $1.077B
YoY Change 15.56% 15.55% 10.52%
LONG-TERM ASSETS
Property, Plant & Equipment $210.7M $273.6M $216.3M
YoY Change -2.56% -1.21% 46.41%
Goodwill $12.70M $12.70M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.16M $222.0M $4.548M
YoY Change 233.29% 2.11% -23.88%
Total Long-Term Assets $508.2M $508.2M $507.0M
YoY Change 0.24% 0.24% 20.64%
TOTAL ASSETS
Total Short-Term Assets $1.245B $1.245B $1.077B
Total Long-Term Assets $508.2M $508.2M $507.0M
Total Assets $1.753B $1.753B $1.584B
YoY Change 10.66% 10.65% 13.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.412M $6.412M $6.203M
YoY Change 3.37% 3.42% 35.88%
Accrued Expenses $69.30M $1.122B $60.78M
YoY Change 14.03% 24.86% 3.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.129B $1.129B $904.9M
YoY Change 24.71% 24.72% 4.13%
LONG-TERM LIABILITIES
Long-Term Debt $369.4M $369.4M $369.4M
YoY Change 0.0% 0.0% 37.12%
Other Long-Term Liabilities $0.00 $256.9M $6.292M
YoY Change -100.0% -3.35%
Total Long-Term Liabilities $626.3M $626.3M $635.2M
YoY Change -1.41% -1.4% 21.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.129B $1.129B $904.9M
Total Long-Term Liabilities $626.3M $626.3M $635.2M
Total Liabilities $1.755B $1.755B $1.540B
YoY Change 13.94% 13.94% 10.73%
SHAREHOLDERS EQUITY
Retained Earnings $553.6M $575.0M
YoY Change -3.73% 15.13%
Common Stock $109.7M $96.08M
YoY Change 14.21% 97.31%
Preferred Stock
YoY Change
Treasury Stock (at cost) $665.1M $627.0M
YoY Change 6.08% 15.23%
Treasury Stock Shares 17.16M shares 17.24M shares
Shareholders Equity -$1.774M -$1.774M $44.13M
YoY Change
Total Liabilities & Shareholders Equity $1.753B $1.753B $1.584B
YoY Change 10.66% 10.65% 13.57%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $9.708M $124.1M $4.300M
YoY Change 125.77% -10.24% -78.92%
Depreciation, Depletion And Amortization $10.83M $38.55M $7.900M
YoY Change 37.11% 23.59% 1.28%
Cash From Operating Activities $205.3M $260.2M $239.8M
YoY Change -14.38% -24.89% 51.68%
INVESTING ACTIVITIES
Capital Expenditures -$9.304M $32.91M -$29.40M
YoY Change -68.35% -66.48% 44.83%
Acquisitions
YoY Change
Other Investing Activities $707.0K $1.894M -$800.0K
YoY Change -188.38% -478.8% -103.05%
Cash From Investing Activities -$8.597M -$31.01M -$30.20M
YoY Change -71.53% -68.55% -611.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -112.9M -$208.1M -22.20M
YoY Change 408.64% 288.32% -26.49%
NET CHANGE
Cash From Operating Activities 205.3M $260.2M 239.8M
Cash From Investing Activities -8.597M -$31.01M -30.20M
Cash From Financing Activities -112.9M -$208.1M -22.20M
Net Change In Cash 83.80M $21.07M 187.4M
YoY Change -55.28% -89.15% 40.06%
FREE CASH FLOW
Cash From Operating Activities $205.3M $260.2M $239.8M
Capital Expenditures -$9.304M $32.91M -$29.40M
Free Cash Flow $214.6M $227.2M $269.2M
YoY Change -20.28% -8.44% 50.9%

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CY2019 nsp Marketable Securities Proceeds From Dispositions
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 nsp Treasury Stock Acquired
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019Q4 nsp Deposits Workers Compensation
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021 us-gaap Number Of Reportable Segments
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<div style="margin-bottom:10pt;margin-top:10pt"><span style="color:#4c8c2b;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with United States Generally Accepted Accounting Principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</span></div>
CY2021 us-gaap Concentration Risk Credit Risk
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CY2021 us-gaap Goodwill Impairment Loss
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CY2021Q4 us-gaap Goodwill
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CY2021Q4 nsp Percentageofourhealthinsurancecoverageprovidedby United
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CY2021Q4 nsp Prepaid Health Insurance
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CY2021Q4 nsp Prepaid Health Insurance
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CY2021Q4 nsp Portionofinsurancecoststhatislessthantheagreeduponsurplusincludedinaccruedhealthinsurancecostsacntliab
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-31000000 USD
CY2021Q4 nsp Premiums Owed To United
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4900000 USD
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6000000 USD
CY2010Q3 nsp Workers Compensation Maximum Economic Burden First Layer Of Claims Per Occurrence
WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence
1000000 USD
CY2019Q4 nsp Workers Compensation Maximum Economic Burden First Layer Of Claims Per Occurrence
WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence
1500000 USD
CY2019Q4 nsp Workers Compensation Maximum Economic Burden First Layer Of Claims Per Occurrence
WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence
1500000 USD
CY2019Q4 nsp Workers Compensation Maximum Aggregate Economic Burden For Claims In Excess Of First Layer Cap Per Policy Year
WorkersCompensationMaximumAggregateEconomicBurdenForClaimsInExcessOfFirstLayerCapPerPolicyYear
6000000 USD
CY2019Q4 nsp Workers Compensation Maximum Economic Burden First Layer Of Claims Per Occurrence
WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence
1500000 USD
CY2021 nsp Decrease Increase In Accrued Workers Compensation Costs For Changes In Estimated Losses
DecreaseIncreaseInAccruedWorkersCompensationCostsForChangesInEstimatedLosses
41700000 USD
CY2020 nsp Decrease Increase In Accrued Workers Compensation Costs For Changes In Estimated Losses
DecreaseIncreaseInAccruedWorkersCompensationCostsForChangesInEstimatedLosses
42100000 USD
CY2019 nsp Decrease Increase In Accrued Workers Compensation Costs For Changes In Estimated Losses
DecreaseIncreaseInAccruedWorkersCompensationCostsForChangesInEstimatedLosses
31700000 USD
CY2021 nsp Us Treasury Rates That Correspond With Weighted Average Estimated Claim Payout Period
USTreasuryRatesThatCorrespondWithWeightedAverageEstimatedClaimPayoutPeriod
0.006
CY2020 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
45522000 USD
CY2021Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
239623000 USD
CY2020Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
240761000 USD
CY2021Q4 nsp Workers Compensation Liability Current Net
WorkersCompensationLiabilityCurrentNet
46929000 USD
CY2020Q4 nsp Workers Compensation Liability Current Net
WorkersCompensationLiabilityCurrentNet
45522000 USD
CY2021 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table provides the activity and balances related to incurred but not paid workers’ compensation claims:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.861%"><tr><td style="width:1.0%"/><td style="width:73.030%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.834%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.836%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#4c8c2b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#4c8c2b;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">(in thousands)</span></td><td colspan="3" style="border-top:1pt solid #4c8c2b;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#4c8c2b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #4c8c2b;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#4c8c2b;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</span></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1pt solid #4c8c2b;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #4c8c2b;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #4c8c2b;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Beginning balance</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">240,761 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">242,904 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accrued claims</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,097 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,639 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Present value discount, net of accretion</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(898)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">740 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Paid claims</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(48,337)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(45,522)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ending balance</span></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">239,623</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">240,761</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current portion of accrued claims</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46,929 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,522 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term portion of accrued claims</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">192,694 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">195,239 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total accrued claims</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">239,623</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">240,761</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments
240761000 USD
CY2019Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments
242904000 USD
CY2021 nsp Workers Compensation Expense
WorkersCompensationExpense
48097000 USD
CY2020 nsp Workers Compensation Expense
WorkersCompensationExpense
42639000 USD
CY2021 nsp Workers Compensation Discount Changed During Period
WorkersCompensationDiscountChangedDuringPeriod
898000 USD
CY2020 nsp Workers Compensation Discount Changed During Period
WorkersCompensationDiscountChangedDuringPeriod
-740000 USD
CY2021 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
48337000 USD
CY2021Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
192694000 USD
CY2020Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
195239000 USD
CY2021Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
239623000 USD
CY2020Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
240761000 USD
CY2021Q4 nsp Workers Compensation Administrative Fees Accrued
WorkersCompensationAdministrativeFeesAccrued
3600000 USD
CY2020Q4 nsp Workers Compensation Administrative Fees Accrued
WorkersCompensationAdministrativeFeesAccrued
2700000 USD
CY2021 nsp Undiscounted Accrued Workers Compensation Costs
UndiscountedAccruedWorkersCompensationCosts
255100000 USD
CY2020 nsp Undiscounted Accrued Workers Compensation Costs
UndiscountedAccruedWorkersCompensationCosts
257900000 USD
CY2021 nsp Time Period Incurred Claims Expected To Be Paid Recorded As Restricted Cash
TimePeriodIncurredClaimsExpectedToBePaidRecordedAsRestrictedCash
P1Y
CY2021 nsp Return Of Excess Claim Funds
ReturnOfExcessClaimFunds
35100000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
46900000 USD
CY2021Q4 nsp Deposits Workers Compensation
DepositsWorkersCompensation
185000000 USD
CY2021 nsp Time Period Estimate Of Incurred Claim Costs To Be Paid Included In Short Term Liabilities
TimePeriodEstimateOfIncurredClaimCostsToBePaidIncludedInShortTermLiabilities
P1Y
CY2021Q4 nsp Number Of Stock Based Employee Compensation Plans
NumberOfStockBasedEmployeeCompensationPlans
1
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2021 nsp Percentageofgrantsissuedtodirectorsthatarevestedforannualawardgrants.
Percentageofgrantsissuedtodirectorsthatarevestedforannualawardgrants.
1
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2021 nsp Percentageofeligiblecompensationmatchedmaximum
Percentageofeligiblecompensationmatchedmaximum
0.03
CY2021Q4 nsp Money Market Funds Overnight Holdings At Carrying Value
MoneyMarketFundsOvernightHoldingsAtCarryingValue
490154000 USD
CY2020Q4 nsp Money Market Funds Overnight Holdings At Carrying Value
MoneyMarketFundsOvernightHoldingsAtCarryingValue
503221000 USD
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
120742000 USD
CY2020Q4 us-gaap Short Term Investments
ShortTermInvestments
82521000 USD
CY2021Q4 us-gaap Cash
Cash
47331000 USD
CY2020Q4 us-gaap Cash
Cash
33692000 USD
CY2021Q4 srt Drafts Payable
DraftsPayable
50624000 USD
CY2020Q4 srt Drafts Payable
DraftsPayable
30059000 USD
CY2021Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
607603000 USD
CY2020Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
589375000 USD
CY2021Q4 nsp Payroll Withholdings Included In Cash Balance
PayrollWithholdingsIncludedInCashBalance
424800000 USD
CY2020Q4 nsp Payroll Withholdings Included In Cash Balance
PayrollWithholdingsIncludedInCashBalance
342000000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
579105000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
551213000 USD
CY2021Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
5782000 USD
CY2020Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
10531000 USD
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
26009000 USD
CY2020Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
23998000 USD
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
610896000 USD
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
585742000 USD
CY2021Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
550000000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10522000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6559000 USD
CY2021Q4 nsp Unbilled
Unbilled
490533000 USD
CY2020Q4 nsp Unbilled
Unbilled
380819000 USD
CY2021Q4 us-gaap Other Receivables
OtherReceivables
12251000 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
5368000 USD
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
513306000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
392746000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1000000 USD
CY2021Q4 nsp Unbilled Accrued Worksite Employee Payroll Costs
UnbilledAccruedWorksiteEmployeePayrollCosts
409653000 USD
CY2020Q4 nsp Unbilled Accrued Worksite Employee Payroll Costs
UnbilledAccruedWorksiteEmployeePayrollCosts
334836000 USD
CY2021Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
100934000 USD
CY2020Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
81311000 USD
CY2020Q4 nsp Client Prepayments Included In Cash Balance
ClientPrepaymentsIncludedInCashBalance
35328000 USD
CY2021Q4 nsp Unbilled
Unbilled
490533000 USD
CY2020Q4 nsp Unbilled
Unbilled
380819000 USD
CY2021Q4 nsp Client Prepayments Included In Cash Balance
ClientPrepaymentsIncludedInCashBalance
20054000 USD
CY2020Q4 nsp Deposits Health Insurance
DepositsHealthInsurance
7900000 USD
CY2021Q4 nsp Prepaid Health Insurance
PrepaidHealthInsurance
9000000 USD
CY2020Q4 nsp Prepaid Health Insurance
PrepaidHealthInsurance
9000000 USD
CY2021Q4 nsp Deposits Health Insurance
DepositsHealthInsurance
7900000 USD
CY2021Q4 nsp Deposits Workers Compensation
DepositsWorkersCompensation
185027000 USD
CY2020Q4 nsp Deposits Workers Compensation
DepositsWorkersCompensation
186331000 USD
CY2021Q4 nsp Depositsandprepaidhealthinsurance
Depositsandprepaidhealthinsurance
201927000 USD
CY2020Q4 nsp Depositsandprepaidhealthinsurance
Depositsandprepaidhealthinsurance
203231000 USD
CY2021Q4 nsp Prepaid Health Insurance
PrepaidHealthInsurance
9000000 USD
CY2021Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
500000000 USD
CY2021 nsp Percentage Of Subsidiary Stock Securing Debt
PercentageOfSubsidiaryStockSecuringDebt
0.65
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1000000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
369400000 USD
CY2021Q4 us-gaap Long Term Debt Maturity Date
LongTermDebtMaturityDate
2024-09-13
CY2021Q4 nsp Applicable Margin Federal Funds Rate
ApplicableMarginFederalFundsRate
0.0050
CY2021Q4 nsp Applicable Margin30 Day Libor
ApplicableMargin30DayLibor
0.0200
CY2021 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0025
CY2021 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.019
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
4665000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
4207000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8210000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4941000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware
11140000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware
8230000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3517000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3702000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
18205000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
17322000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
1946000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
1444000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
47683000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
39846000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
11117000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
5092000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
487000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
558000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
6592000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
6310000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1858000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1553000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
8886000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
11383000 USD
CY2021Q4 nsp Deferred Tax Assets Operating Lease Liablities
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P5Y
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