| Income Statement for Automatic Data Processing, Inc. |
| (Amounts are in millions) |
|
6/2018 |
|
6/2017 |
|
6/2016 |
|
|
Press Release |
|
 |
|
Press Release |
| Net Sales or Revenues |
|
$13,325.80 |
|
$12,379.80 |
|
$11,667.80 |
| Cost of Goods Sold |
|
$7,842.60 |
|
$7,269.80 |
|
$6,840.30 |
|
|
|
|
|
|
|
| Gross Profit |
|
$5,483.20 |
|
$5,110.00 |
|
$4,827.50 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$2,971.50 |
|
$2,783.20 |
|
$2,637.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$2,511.70 |
|
$2,326.80 |
|
$2,190.50 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($237.90) |
|
$284.30 |
|
$100.40 |
| Interest Expense |
|
$102.70 |
|
$80.00 |
|
$56.20 |
|
|
|
|
|
|
|
| Pretax Income |
|
$2,171.10 |
|
$2,531.10 |
|
$2,234.70 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$550.30 |
|
$797.70 |
|
$741.30 |
| Minority Interest |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$1,620.80 |
|
$1,733.40 |
|
$1,493.40 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
($0.90) |
|
|
|
|
|
|
|
| Net Income |
|
$1,620.80 |
|
$1,733.40 |
|
$1,492.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$3.68 |
|
$3.87 |
|
$3.27 |
| Diluted Earnings Per Share |
|
$3.66 |
|
$3.85 |
|
$3.25 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
440.43 |
|
447.91 |
|
457.00 |
| Weighted Average Diluted Shares Outstanding |
|
442.84 |
|
450.23 |
|
459.10 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$1,928.10 |
|
$1,665.87 |
|
$1,497.99 |
| Income From Non-Recurring Items |
|
($307.30) |
|
$67.53 |
|
($4.59) |
| Diluted Earnings Per Share before extras |
|
$4.35 |
|
$3.70 |
|
$3.26 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$1,110.12 |
|
$1,002.20 |
|
$947.51 |
| Dividend Per Share (common) |
|
$2.52 |
|
$2.24 |
|
$2.08 |
|
