Paychex Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|---|
| Revenue | $2.00B | $2.08B | $2.10B | $1.92B | $1.69B |
| Payroll Service | $1.42B | $1.47B | $1.47B | $1.42B | $1.31B |
| Human Resource Services | $524.2M | $531.0M | $540.0M | $412.7M | $304.7M |
| Management Solutions | $0 | $0 | $0 | $0 | $0 |
| PEO and Insurance Services | $0 | $0 | $0 | $0 | $0 |
| Interest on Funds Held for Clients | $52.3M | $74.5M | $91.1M | $91.8M | $68.1M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Gross Margin | — | — | — | — | — |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $622.4M | $597.1M | $577.3M | — | — |
| Operating Income | $724.8M | $805.2M | $828.3M | — | — |
| Operating Margin | 36.2% | 38.8% | 39.4% | — | — |
| Interest Expense | — | — | — | — | — |
| Pretax Income | $729.3M | $812.1M | $854.8M | — | — |
| Income Tax Expense | $252.3M | $278.6M | $278.7M | — | — |
| Net Income | $477.0M | $533.5M | $576.1M | — | — |
| Net Margin | 23.8% | 25.7% | 27.4% | — | — |
| EPS (Basic) | $1.32 | $1.48 | $1.56 | — | — |
| EPS (Diluted) | $1.32 | $1.48 | $1.56 | — | — |
| Shares Outstanding (Basic) | 361.4M | 360.8M | 368.4M | — | — |
| Shares Outstanding (Diluted) | 361.7M | 361.0M | 369.5M | — | — |
| Dividends Per Share | $1.24 | $1.24 | $1.20 | — | — |