2023 Q2 Form 10-Q Financial Statement

#000100075323000024 Filed on April 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $1.585B $1.770B $1.490B
YoY Change 10.69% 12.16% 15.37%
Cost Of Revenue $1.360B $1.438B $1.249B
YoY Change 14.11% 11.26% 11.43%
Gross Profit $224.6M $332.1M $241.0M
YoY Change -6.35% 16.23% 41.27%
Gross Profit Margin 14.17% 18.77% 16.18%
Selling, General & Admin $198.1M $200.6M $179.9M
YoY Change 9.19% 13.23% 23.96%
% of Gross Profit 88.18% 60.41% 74.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.74M $10.50M $10.29M
YoY Change 6.34% 3.07% -4.98%
% of Gross Profit 4.78% 3.16% 4.27%
Operating Expenses $208.8M $211.1M $190.2M
YoY Change 9.04% 12.68% 21.95%
Operating Profit $15.81M $121.0M $50.86M
YoY Change -67.31% 22.98% 246.5%
Interest Expense $1.279M $6.205M -$17.00K
YoY Change -52.47% 222.34% -99.0%
% of Operating Profit 8.09% 5.13% -0.03%
Other Income/Expense, Net
YoY Change
Pretax Income $17.09M $123.6M $50.85M
YoY Change -63.34% 27.9% 291.88%
Income Tax $4.192M $28.98M $12.65M
% Of Pretax Income 24.53% 23.45% 24.88%
Net Earnings $12.89M $94.60M $38.23M
YoY Change -61.62% 35.36% 293.75%
Net Earnings / Revenue 0.81% 5.35% 2.57%
Basic Earnings Per Share $0.34 $2.49
Diluted Earnings Per Share $0.33 $2.45 $0.99
COMMON SHARES
Basic Shares Outstanding 38.22M shares 37.85M shares 37.93M shares
Diluted Shares Outstanding 38.58M shares 38.67M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $616.1M $732.1M $765.9M
YoY Change 13.74% 20.17% 26.05%
Cash & Equivalents $580.1M $696.6M $732.8M
Short-Term Investments $36.00M $35.54M $33.07M
Other Short-Term Assets $130.9M $79.86M $61.73M
YoY Change 83.87% -0.53% 15.79%
Inventory
Prepaid Expenses
Receivables $605.1M $607.3M $13.93M
Other Receivables $11.59M $0.00 $8.384M
Total Short-Term Assets $1.364B $1.518B $1.512B
YoY Change -3.33% 6.02% 21.45%
LONG-TERM ASSETS
Property, Plant & Equipment $245.0M $196.4M $200.0M
YoY Change 22.91% -4.23% -5.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $243.9M $31.38M $29.35M
YoY Change 767.89% 48.68% 93.65%
Total Long-Term Assets $501.6M $521.9M $527.4M
YoY Change 4.02% 2.7% 3.77%
TOTAL ASSETS
Total Short-Term Assets $1.364B $1.518B $1.512B
Total Long-Term Assets $501.6M $521.9M $527.4M
Total Assets $1.865B $2.040B $2.039B
YoY Change -1.46% 5.15% 16.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.807M $9.491M $7.732M
YoY Change 12.81% 21.28% 20.59%
Accrued Expenses $1.129B $79.79M $80.12M
YoY Change 1250.35% -7.89% 15.61%
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 $1.136B $1.303B $1.353B
YoY Change -8.9% 1.27% 19.92%
LONG-TERM LIABILITIES
Long-Term Debt $369.4M $369.4M $369.4M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities $229.7M $233.0M $235.2M
YoY Change -1.26% -4.91%
Total Long-Term Liabilities $599.1M $603.6M $604.6M
YoY Change -1.98% -2.57% -3.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.136B $1.303B $1.353B
Total Long-Term Liabilities $599.1M $603.6M $604.6M
Total Liabilities $1.735B $1.907B $1.958B
YoY Change -6.62% 0.02% 11.58%
SHAREHOLDERS EQUITY
Retained Earnings $717.2M $726.1M $655.2M
YoY Change 15.91% 20.02% 18.35%
Common Stock $158.1M $142.6M $151.7M
YoY Change 25.29% 28.88% 38.24%
Preferred Stock
YoY Change
Treasury Stock (at cost) $744.8M $735.2M $725.5M
YoY Change 4.93% 7.86% 9.09%
Treasury Stock Shares 17.61M shares
Shareholders Equity $130.5M $133.4M $81.28M
YoY Change
Total Liabilities & Shareholders Equity $1.865B $2.040B $2.039B
YoY Change -1.46% 5.15% 16.32%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $12.89M $94.60M $38.23M
YoY Change -61.62% 35.36% 293.75%
Depreciation, Depletion And Amortization $10.74M $10.50M $10.29M
YoY Change 6.34% 3.07% -4.98%
Cash From Operating Activities -$109.0M $39.35M $225.7M
YoY Change 202.23% -33.13% 9.91%
INVESTING ACTIVITIES
Capital Expenditures $7.168M $6.849M $13.88M
YoY Change -264.52% 46.16% -249.19%
Acquisitions
YoY Change
Other Investing Activities -$178.0K -$2.096M $1.610M
YoY Change -111.12% 74.09% 127.72%
Cash From Investing Activities -$7.346M -$8.945M -$12.27M
YoY Change 166.55% 51.87% 42.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -38.14M -$46.85M -17.73M
YoY Change -20.11% 6.75% -84.29%
NET CHANGE
Cash From Operating Activities -109.0M $39.35M 225.7M
Cash From Investing Activities -7.346M -$8.945M -12.27M
Cash From Financing Activities -38.14M -$46.85M -17.73M
Net Change In Cash -154.5M -$16.44M 195.7M
YoY Change 78.46% -281.24% 133.49%
FREE CASH FLOW
Cash From Operating Activities -$109.0M $39.35M $225.7M
Capital Expenditures $7.168M $6.849M $13.88M
Free Cash Flow -$116.2M $32.50M $211.8M
YoY Change 266.37% -39.99% -1.32%

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11915000 usd
CY2022Q1 nsp Increase Decreasein Wse Epayrollexpense
IncreaseDecreaseinWSEEpayrollexpense
235970000 usd
CY2023Q1 us-gaap Increase Decrease In Health Care Insurance Liabilities
IncreaseDecreaseInHealthCareInsuranceLiabilities
25320000 usd
CY2022Q1 us-gaap Increase Decrease In Health Care Insurance Liabilities
IncreaseDecreaseInHealthCareInsuranceLiabilities
11398000 usd
CY2023Q1 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
128000 usd
CY2022Q1 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-7050000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-45691000 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-18971000 usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
6864000 usd
CY2022Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
16197000 usd
CY2023Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-55243000 usd
CY2022Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-11037000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39352000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58847000 usd
CY2023Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
14206000 usd
CY2022Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
6964000 usd
CY2023Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
12110000 usd
CY2022Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
5760000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6849000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4686000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8945000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5890000 usd
CY2023Q1 nsp Treasury Stock Acquired
TreasuryStockAcquired
34622000 usd
CY2022Q1 nsp Treasury Stock Acquired
TreasuryStockAcquired
27441000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19896000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17244000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
7671000 usd
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
799000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-46847000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-43886000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-16440000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
9071000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1013919000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
807768000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
997479000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
816839000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
971000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
775000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2022Q4 us-gaap Shares Issued
SharesIssued
55489000 shares
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
81275000 usd
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
34622000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11110000 usd
CY2023Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
911000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19896000 usd
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
59000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
94595000 usd
CY2023Q1 us-gaap Shares Issued
SharesIssued
55489000 shares
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
133432000 usd
CY2021Q4 us-gaap Shares Issued
SharesIssued
55489000 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-1774000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
27441000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9846000 usd
CY2022Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
782000 usd
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17244000 usd
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-92000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
69884000 usd
CY2022Q1 us-gaap Shares Issued
SharesIssued
55489000 shares
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
33961000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Percentageofourhealthinsurancecoverageprovidedby United
PercentageofourhealthinsurancecoverageprovidedbyUnited
0.87
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 nsp Number Of Days In Advance Of Beginning Of Reporting Quarter Carrier Establishes Cash Funding Rates
NumberOfDaysInAdvanceOfBeginningOfReportingQuarterCarrierEstablishesCashFundingRates
P90D
CY2023Q1 nsp Prepaid Health Insurance Noncurrent
PrepaidHealthInsuranceNoncurrent
9000000 usd
CY2023Q1 nsp Required Deposit For Health Care Costs
RequiredDepositForHealthCareCosts
6500000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Prepaid Health Insurance Current And Noncurrent
PrepaidHealthInsuranceCurrentAndNoncurrent
41500000 usd
CY2023Q1 nsp Prepaid Health Insurance Noncurrent
PrepaidHealthInsuranceNoncurrent
9000000 usd
CY2023Q1 nsp Prepaid Health Insurance Current
PrepaidHealthInsuranceCurrent
32500000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Premiums Owed To United
PremiumsOwedToUnited
-71100000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 nsp Benefits Costs Incurred Reduced Relatedto Runoff
BenefitsCostsIncurredReducedRelatedtoRunoff
-9000000 usd
CY2022Q1 nsp Benefits Costs Incurred Reduced Relatedto Runoff
BenefitsCostsIncurredReducedRelatedtoRunoff
800000 usd
CY2019Q3 nsp Workers Compensation Maximum Economic Burden First Layer Of Claims Per Occurrence
WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence
1000000 usd
CY2019Q3 nsp Workers Compensation Maximum Economic Burden First Layer Of Claims Per Occurrence
WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence
1000000 usd
CY2019Q3 nsp Workers Compensation Maximum Aggregate Economic Burden For Claims In Excess Of First Layer Cap Per Policy Year
WorkersCompensationMaximumAggregateEconomicBurdenForClaimsInExcessOfFirstLayerCapPerPolicyYear
6000000 usd
CY2019Q3 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
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Decrease Increase In Accrued Workers Compensation Costs For Changes In Estimated Losses
DecreaseIncreaseInAccruedWorkersCompensationCostsForChangesInEstimatedLosses
-7600000 usd
CY2022Q1 nsp Decrease Increase In Accrued Workers Compensation Costs For Changes In Estimated Losses
DecreaseIncreaseInAccruedWorkersCompensationCostsForChangesInEstimatedLosses
-14900000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 nsp Us Treasury Rates That Correspond With Weighted Average Estimated Claim Payout Period
USTreasuryRatesThatCorrespondWithWeightedAverageEstimatedClaimPayoutPeriod
0.040
CY2022Q1 nsp Us Treasury Rates That Correspond With Weighted Average Estimated Claim Payout Period
USTreasuryRatesThatCorrespondWithWeightedAverageEstimatedClaimPayoutPeriod
0.015
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments
229408000 usd
CY2021Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments
239623000 usd
CY2023Q1 nsp Workers Compensation Expense
WorkersCompensationExpense
15981000 usd
CY2022Q1 nsp Workers Compensation Expense
WorkersCompensationExpense
8373000 usd
CY2023Q1 nsp Workers Compensation Discount Changed During Period
WorkersCompensationDiscountChangedDuringPeriod
3209000 usd
CY2022Q1 nsp Workers Compensation Discount Changed During Period
WorkersCompensationDiscountChangedDuringPeriod
1309000 usd
CY2023Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
12704000 usd
CY2022Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
14370000 usd
CY2023Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
229476000 usd
CY2022Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
232317000 usd
CY2023Q1 nsp Workers Compensation Liability Net Of Admin Fees Current
WorkersCompensationLiabilityNetOfAdminFeesCurrent
48112000 usd
CY2022Q1 nsp Workers Compensation Liability Net Of Admin Fees Current
WorkersCompensationLiabilityNetOfAdminFeesCurrent
49429000 usd
CY2023Q1 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
181364000 usd
CY2022Q1 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
182888000 usd
CY2023Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
229476000 usd
CY2022Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
232317000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Workers Compensation Administrative Fees Accrued
WorkersCompensationAdministrativeFeesAccrued
3800000 usd
CY2023Q1 nsp Undiscounted Accrued Workers Compensation Costs
UndiscountedAccruedWorkersCompensationCosts
252600000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2022Q1 nsp Undiscounted Accrued Workers Compensation Costs
UndiscountedAccruedWorkersCompensationCosts
248000000 usd
CY2023Q1 nsp Time Period Incurred Claims Expected To Be Paid Recorded As Restricted
TimePeriodIncurredClaimsExpectedToBePaidRecordedAsRestricted
P1Y
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
48100000 usd
CY2023Q1 nsp Deposits Workers Compensation
DepositsWorkersCompensation
211200000 usd
CY2023Q1 nsp Time Period Estimate Of Incurred Claim Costs To Be Paid Included In Short Term Liabilities
TimePeriodEstimateOfIncurredClaimCostsToBePaidIncludedInShortTermLiabilities
P1Y
CY2023Q1 nsp Unbilled
Unbilled
582800000 usd
CY2022Q4 nsp Unbilled
Unbilled
600400000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1769652000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1577837000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Money Market Funds Overnight Holdings At Carrying Value
MoneyMarketFundsOvernightHoldingsAtCarryingValue
635931000 usd
CY2022Q4 nsp Money Market Funds Overnight Holdings At Carrying Value
MoneyMarketFundsOvernightHoldingsAtCarryingValue
678512000 usd
CY2023Q1 us-gaap Short Term Investments
ShortTermInvestments
91081000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
90031000 usd
CY2023Q1 us-gaap Cash
Cash
21072000 usd
CY2022Q4 us-gaap Cash
Cash
41047000 usd
CY2023Q1 srt Drafts Payable
DraftsPayable
15961000 usd
CY2022Q4 srt Drafts Payable
DraftsPayable
43694000 usd
CY2023Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
732123000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
765896000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 nsp Payroll Withholdings Included In Cash Balance
PayrollWithholdingsIncludedInCashBalance
457800000 usd
CY2022Q4 nsp Payroll Withholdings Included In Cash Balance
PayrollWithholdingsIncludedInCashBalance
504800000 usd
CY2023Q1 nsp Client Prepayments Included In Cash Balance
ClientPrepaymentsIncludedInCashBalance
-42900000 usd
CY2022Q4 nsp Client Prepayments Included In Cash Balance
ClientPrepaymentsIncludedInCashBalance
-36800000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
369400000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
732828000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
575812000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
49779000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
46929000 usd
CY2022Q4 us-gaap Funds Held For Clients
FundsHeldForClients
34942000 usd
CY2021Q4 us-gaap Funds Held For Clients
FundsHeldForClients
0 usd
CY2022Q4 nsp Deposits Workers Compensation
DepositsWorkersCompensation
196370000 usd
CY2021Q4 nsp Deposits Workers Compensation
DepositsWorkersCompensation
185027000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1013919000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
807768000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
696588000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
576654000 usd
CY2023Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
48113000 usd
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
49429000 usd
CY2023Q1 us-gaap Funds Held For Clients
FundsHeldForClients
41552000 usd
CY2022Q1 us-gaap Funds Held For Clients
FundsHeldForClients
0 usd
CY2023Q1 nsp Deposits Workers Compensation
DepositsWorkersCompensation
211226000 usd
CY2022Q1 nsp Deposits Workers Compensation
DepositsWorkersCompensation
190756000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
997479000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
816839000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
691477000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
735475000 usd
CY2023Q1 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
35535000 usd
CY2022Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
29703000 usd
CY2023Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
0 usd
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
3365000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
727012000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
768543000 usd
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
650000000 usd
CY2023Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
700000000 usd
CY2023Q1 nsp Percentage Of Subsidiary Stock Securing Debt
PercentageOfSubsidiaryStockSecuringDebt
0.65 conversionratio
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1000000 usd
CY2023Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
279600000 usd
CY2023Q1 us-gaap Long Term Debt Maturity Date
LongTermDebtMaturityDate
2027-06-30
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 nsp Applicable Margin Federal Funds Rate
ApplicableMarginFederalFundsRate
0.0050
CY2023Q1 nsp Adjusted Term Sofr Rate Plus Applicable Margin
AdjustedTermSOFRRatePlusApplicableMargin
0.0200
CY2023Q1 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0025
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0635
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 nsp Aggregatenumberofsharesrepurchasedduringtheperiod
Aggregatenumberofsharesrepurchasedduringtheperiod
288502 shares
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
93387 shares
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
938773 shares
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
195115 shares
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19900000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17200000 usd
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
94595000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
69884000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
0 usd
CY2022Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
47000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
94595000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
69837000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37990000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38288000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
683000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
405000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38673000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38693000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25000 shares
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023

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