Automatic Data Processing (ADP)

Company ID: 108 | CIK: 0000008670
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

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Major Customers (% of Revenue)

Operational KPIs

New business sales (arr)

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Average client funds balances (aua)

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Average client funds balance (aum)

New business bookings (bookings)

Processing centers (branches)

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Systems development investment (capital_expenditures)

No 10-Q data

Claim estimates processed (claims_count)

No 10-Q data

European Employer Services Clients (customers)

Average client funds balances (deposits)

Client funds moved (gmv)

No 10-Q data

PEO worksite employees (headcount)

Securities clearing average margin balances (loans_outstanding)

Average interest rate on client funds (net_interest_margin)

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401(k) provider rank (other)

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AAA/AA rated securities (other)

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AAA/AA rated securities share (other)

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AAA/AA rated share of available-for-sale securities (other)

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AAA/AA rated share of securities (other)

No 10-K data

ADP Indemnity pre-tax benefit (other)

No 10-K data

ADP Marketplace partner solutions (other)

No 10-Q data

ADP Streamline employees processed (other)

No 10-Q data

ADP TotalSource worksite employees (other)

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Acquisition revenue (other)

No 10-Q data

Adjusted EBIT margin (other)

No 10-K data

Aggregate market value of non-affiliate common equity (other)

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Aggregate market value of non-affiliate equity (other)

No 10-Q data

AutoConnect dealer web sites (other)

No 10-Q data

AutoConnect monthly prospects (other)

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AutoPay employees paid (other)

No 10-Q data

Automated salvage yard endpoints (other)

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Autopay clients (other)

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Available-for-sale securities (other)

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Available-for-sale securities at fair value (other)

No 10-K data

Average Client Funds Balance (other)

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Average Interest Rate Earned on Client Funds (other)

No 10-K data

Average Worksite Employees (other)

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Average back-office trades per day (other)

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Average client fund balances (other)

Average client funds (other)

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Average client funds balance (other)

Average client funds balances (other)

Average client funds held (other)

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Average client tenure (other)

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Average commercial paper borrowings (other)

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Average corporate funds (other)

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Average corporate funds balance (other)

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Average corporate investment balances (other)

Average corporate investments balances (other)

No 10-K data

Average customer margin balances (other)

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Average daily borrowings (other)

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Average daily commercial paper (other)

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Average daily commercial paper borrowings (other)

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Average daily corporate funds (other)

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Average daily trades (other)

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Average funds held for clients (other)

Average funds held for clients balance (other)

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Average interest rate earned (other)

Average interest rate earned on client funds (other)

Average interest rate earned on corporate funds (other)

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Average interest rate earned on funds held for clients (other)

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Average interest rate earned on total portfolio (other)

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Average interest rate on client funds (other)

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Average interest rate on corporate investments (other)

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Average interest rate on funds held for clients (other)

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Average interest rate on total portfolio (other)

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Average interest rates earned (other)

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Average investment balance (other)

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Average investment balance - corporate investments (other)

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Average investment balance - funds held for clients (other)

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Average investment balances (other)

Average margin balances (other)

Average number of worksite employees (other)

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Average outstanding reverse repurchase balances (other)

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Average purchase price (other)

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Average repurchase agreement balance (other)

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Average repurchase price (other)

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Average revenue per trade change (other)

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Average revenue per trade growth (other)

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Average reverse repo balance (other)

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Average reverse repurchase agreement balance (other)

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Average reverse repurchase agreement balances (other)

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Average reverse repurchase balances (other)

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Average share repurchase price (other)

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Average trades cleared per day (other)

Average trades per day (other)

Average worksite employee growth (other)

Average worksite employees (other)

Average worksite employees growth (other)

Ballots tabulated (other)

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Beyond payroll revenue growth (other)

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Board share repurchase authorization remaining (other)

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Broker terminals (other)

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Brokerage Desktops (other)

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Brokerage countries served (other)

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Brokerage trades per day (other)

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Businesses acquired (other)

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CARES Act employers assisted (other)

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Canada year-end statements (other)

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Capital expenditures (other)

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Capital expenditures guidance (other)

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Cash and marketable securities (other)

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Cash and short-term marketable securities (other)

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Cash returned to shareholders (other)

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Cash returned via dividends (other)

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Cash returned via share repurchases (other)

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Claims paid (other)

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Client applications (other)

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Client employees served by HRO (other)

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Client funds held (other)

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Client funds interest rate (other)

Client funds moved (other)

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Client funds obligations (other)

No 10-K data

Client funds transferred (other)

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Client funds yield (other)

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Client payrolls measured (other)

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Client retention period (other)

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Client retention tenure (other)

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Client tax funds - average (other)

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Client tax funds held (other)

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Collected but unremitted funds (other)

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Collected but unremitted tax funds (other)

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Commercial paper average borrowings (other)

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Commercial paper average daily borrowings (other)

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Commercial paper borrowings (other)

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Commercial paper interest rate (other)

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Commercial paper outstanding (other)

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Common Shares Outstanding (other)

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Common Stock Outstanding (other)

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Common Stockholders (other)

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Common Stockholders of Record (other)

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Common shares outstanding (other)

Common shares repurchased (other)

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Common stock outstanding (other)

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Common stock repurchased (other)

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Common stock shares outstanding (other)

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Common stockholders (other)

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Common stockholders in street name (other)

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Common stockholders of record (other)

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Common stockholders street name (other)

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Computer devices (other)

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Computer devices deployed (other)

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Consecutive record quarters (other)

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Convertible notes converted (other)

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Corporate funds interest rate (other)

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Corporate funds yield (other)

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Countries and territories (other)

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Countries and territories served (other)

Countries served (other)

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Countries with offering (other)

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Credit facility limit (other)

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Dealer Applications Installed (other)

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Dealer Services internal revenue growth (other)

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Dealer Services revenue impact (other)

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Dealership applications (other)

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Dealership applications supported (other)

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Dealership closings expected (other)

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Debt to equity ratio (other)

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Diluted EPS growth (other)

Diluted earnings per share (other)

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Disposition revenue (other)

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Dividends declared per share (other)

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Dividends paid (other)

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Document pages printed (other)

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Double-digit EPS growth years (other)

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E-delivered shareholder positions (other)

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EBIT margin (other)

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EDEN units installed (other)

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ES new business bookings growth (other)

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ES payroll revenue mix (other)

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Earnings before income taxes margin (other)

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EasyPay clients (other)

No 10-Q data

Effective tax rate (other)

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Employee tax statements delivered (other)

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Employee year-end tax statements processed (other)

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Employees on clients' payrolls (other)

No 10-K data

Employees on outsourced payroll (other)

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Employees paid (other)

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Employees paid via payroll (other)

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Employees processed (other)

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Employees served by HRO (other)

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Employer Services margin (other)

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Employer Services payrolls (other)

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Employer Services revenue growth (other)

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Form 1095-Cs delivered (other)

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Funds held for clients (other)

Funds held for clients balance (other)

No 10-K data

Funds moved electronically (other)

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GSI outsourced payroll (other)

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GSI software payroll (other)

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Global footprint (other)

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GlobalView clients (other)

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GlobalView countries (other)

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GlobalView country coverage (other)

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GlobalView employees expected (other)

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GlobalView employees processed (other)

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HRO client employees (other)

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HRO employees served (other)

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HRO worksite employees (other)

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Heartland clients (other)

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Holders of record (other)

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Installed Applications (other)

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Installed applications (other)

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Installed dealer applications (other)

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Insurers adopting PBA (other)

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Interest on funds held for clients (other)

Interest rate earned on client funds (other)

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Interest rate earned on corporate investments (other)

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Interest rate earned on funds held for clients (other)

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Interest rate on client funds (other)

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Interest rate sensitivity (other)

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Internal revenue growth (other)

International client terminals (other)

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International revenue growth (other)

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Investment portfolio allocation (other)

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Investment portfolio credit quality (other)

No 10-K data

Investor communication pieces delivered (other)

Investor communications delivered via Internet (other)

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Investor communications pieces delivered (other)

LaserStations (other)

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LaserStations in use (other)

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LaserStations installed (other)

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Lines of computer code reviewed (other)

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Long-term debt to equity ratio (other)

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Market information desktops (other)

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Marketplace apps (other)

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Marketplace apps and integrations (other)

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Marketplace partner solutions (other)

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Multinational payroll sales growth (other)

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NYSE transactions share (other)

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Net capital (other)

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Net realized gains (other)

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Net unrealized gains on securities (other)

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Net unrealized gains/losses (other)

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Net unrealized losses on available-for-sale securities (other)

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Net unrealized losses on securities (other)

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Net unrealized pre-tax gains on securities (other)

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New business sales change (other)

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New business sales growth (other)

New client sales growth (other)

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Non-US workers paid (other)

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Notes receivable current (other)

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Number of Reportable Segments (other)

Online Trade Share (other)

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Online trades share (other)

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Organic constant currency revenue growth (other)

No 10-K data

Outsourced payroll share (other)

No 10-Q data

PEO Services margin (other)

No 10-K data

PEO Work-site Employees (other)

No 10-Q data

PEO Worksite Employees (other)

No 10-Q data

PEO average WSE growth (other)

No 10-Q data

PEO average worksite employee growth (other)

PEO average worksite employees (other)

No 10-K data

PEO average worksite employees growth (other)

PEO claims paid (other)

No 10-Q data

PEO gross pass-through costs (other)

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PEO offices (other)

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PEO pass-through costs (other)

PEO pass-through volume (other)

No 10-Q data

PEO revenue growth (other)

No 10-K data

PEO revenues excluding pass-throughs (other)

No 10-K data

PEO work-site employees (other)

No 10-Q data

PEO worksite employee growth (other)

PEO worksite employees (other)

No 10-Q data

PEO worksite employees growth (other)

PEO worksite employees served (other)

No 10-Q data

PEO zero-margin benefits pass-throughs (other)

No 10-K data

PPP reports run (other)

No 10-Q data

Payroll and payroll tax filing revenue growth (other)

No 10-K data

Payroll countries served (other)

No 10-Q data

Payroll employees processed (other)

No 10-Q data

Payroll tax funds held (other)

No 10-Q data

Payroll tax returns (other)

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Payroll tax returns and deposits (other)

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Payroll tax returns filed (other)

No 10-Q data

Payroll tax returns processed (other)

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Payroll taxes remitted (other)

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Payroll taxes transmitted (other)

No 10-Q data

Payrolls (other)

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Payrolls administered (other)

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Payrolls in employment metric (other)

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Payrolls processed (other)

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Payrolls represented (other)

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Payrolls serviced (other)

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Pays per Control Growth (other)

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Pays per control (other)

Pays per control change (other)

Pays per control growth (other)

Payslips produced (other)

No 10-Q data

PenPro systems installed (other)

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Performance-based restricted shares outstanding (other)

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Pieces delivered (other)

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Portfolio interest rate (other)

No 10-K data

Power Partner brokers (other)

No 10-Q data

Power Partner firms (other)

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Private sector market share (other)

No 10-Q data

Prospectuses distributed (other)

No 10-Q data

Proxy and interim communication pieces (other)

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Proxy and interim communication pieces delivered (other)

No 10-K data

Proxy ballots tabulated (other)

No 10-Q data

Proxy communications pieces (other)

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Recurring revenue share (other)

No 10-Q data

Recycled parts trading endpoints (other)

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Registered holders of record (other)

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Registered stock holders (other)

No 10-Q data

Registered stockholders (other)

No 10-Q data

Reinsurance premium paid (other)

No 10-K data

Remaining Board authorization (other)

No 10-K data

Remaining buyback authorization (other)

No 10-K data

Remaining repurchase authorization (other)

No 10-K data

Remaining share repurchase authorization (other)

No 10-K data

Remittances and tax returns (other)

No 10-Q data

Repurchase agreement balance (other)

No 10-K data

Repurchase agreements outstanding (other)

No 10-K data

Research and development investment (other)

No 10-Q data

Reserve Fund distributions received (other)

No 10-K data

Reserve Fund holdings (other)

No 10-K data

Reserve Fund holdings carrying value (other)

No 10-K data

Reserve Fund holdings fair value (other)

No 10-K data

Restricted shares outstanding (other)

No 10-K data

Retail Equity Market Share (other)

No 10-Q data

Retail equity market share (other)

No 10-Q data

Retail equity trades processed (other)

No 10-Q data

Revenue Growth (other)

No 10-K data

Revenue growth (other)

Reverse repo interest rate (other)

No 10-K data

Reverse repurchase agreements (other)

No 10-K data

Reverse repurchase obligations outstanding (other)

No 10-K data

Revolving credit agreement capacity (other)

No 10-K data

Securities rated AAA or AA (other)

No 10-K data

Securities sold in funds held for clients (other)

No 10-K data

Service Alignment Initiative charges (other)

No 10-K data

Share of North American auto retailers served (other)

No 10-Q data

Share of online trades processed (other)

No 10-Q data

Share repurchases (other)

No 10-K data

Shareholder ballots processed (other)

No 10-Q data

Shareholder ballots tabulated (other)

No 10-Q data

Shareholder communications distributed (other)

No 10-Q data

Shareholder communications handled (other)

No 10-Q data

Shareholder mailings (other)

No 10-Q data

Shareholder mailings processed (other)

No 10-Q data

Shareholders' equity (other)

No 10-K data

Shares Outstanding (other)

No 10-Q data

Shares Represented in Ballots (other)

No 10-Q data

Shares authorized for repurchase (other)

No 10-K data

Shares from note conversions (other)

No 10-K data

Shares from zero coupon note conversion (other)

No 10-K data

Shares issued from conversion (other)

No 10-K data

Shares issued from note conversions (other)

No 10-K data

Shares outstanding (other)

Shares processed (other)

No 10-Q data

Shares processed via proxy (other)

No 10-Q data

Shares represented by ballots (other)

No 10-Q data

Shares repurchased (other)

No 10-K data

Shares repurchased for treasury (other)

No 10-K data

Shares voted electronically (other)

No 10-Q data

Shares voted via proxy (other)

No 10-Q data

ShopLink installations (other)

No 10-Q data

Shoplink installations (other)

No 10-Q data

Shoplink installed base (other)

No 10-Q data

Skills Graph employee records (other)

No 10-Q data

Skills Graph job postings (other)

No 10-Q data

Skills Graph resumes (other)

No 10-Q data

Stock option participants (other)

No 10-Q data

Stock option plan participants (other)

No 10-Q data

Stock options outstanding (other)

No 10-K data

Stock record growth (other)

Stockholders of record (other)

No 10-Q data

Streamline clients (other)

No 10-Q data

Streamline employees processed (other)

No 10-Q data

StreetLink agreements (other)

No 10-Q data

Systems development and programming investment (other)

No 10-Q data

Systems development and programming spend (other)

No 10-Q data

Systems development investment (other)

No 10-Q data

Systems development spend (other)

No 10-Q data

Systems development spending (other)

No 10-Q data

Tax agencies interfaced (other)

No 10-Q data

Tax agency interfaces (other)

No 10-Q data

Tax returns filed (other)

No 10-Q data

Tax statements printed (other)

No 10-Q data

Tax statements processed (other)

No 10-Q data

Taxes remitted (other)

No 10-Q data

Time and Labor Management revenue growth (other)

No 10-K data

Time and labor management revenue growth (other)

No 10-K data

Total portfolio interest rate (other)

No 10-K data

Total revenue growth (other)

No 10-K data

Total revenues growth (other)

No 10-K data

TotalSource Employees Supported (other)

No 10-Q data

TotalSource Work-site Employees (other)

No 10-Q data

TotalSource work-site employees (other)

No 10-Q data

TotalSource worksite employees (other)

No 10-Q data

Trades cleared per day (other)

No 10-Q data

Traditional payroll revenue growth (other)

No 10-K data

Treasury shares purchased (other)

No 10-K data

Treasury stock repurchase authorization remaining (other)

No 10-K data

U.S. employees paid (other)

No 10-Q data

UK workforce paid share (other)

No 10-Q data

US pays per control growth (other)

No 10-Q data

US workers paid (other)

No 10-Q data

Unrealized pre-tax gains (other)

No 10-K data

Unrecognized tax benefits (other)

No 10-K data

VERP participants (other)

No 10-Q data

W-2 forms delivered (other)

No 10-Q data

W-2 statements delivered (other)

No 10-Q data

Weighted average shares outstanding (other)

No 10-K data

Weighted-average remaining lease term (other)

No 10-K data

Work-site employees (other)

No 10-Q data

Work-site employees supported (other)

No 10-Q data

Workers paid (other)

No 10-Q data

Workers paid (International) (other)

No 10-Q data

Workers paid (US) (other)

No 10-Q data

Workers paid in U.S. (other)

No 10-Q data

Workers paid in US (other)

No 10-Q data

Workers paid in United States (other)

No 10-Q data

Workers paid on payday (other)

No 10-Q data

Workers paid outside US (other)

No 10-Q data

Workers paid outside United States (other)

No 10-Q data

Workers paid via payroll (other)

No 10-Q data

Workers paid worldwide (other)

No 10-Q data

Workers' comp claims paid (other)

No 10-Q data

Workforce working from home (other)

No 10-K data

Worksite employee growth (other)

Worksite employees (other)

No 10-Q data

Worksite employees growth (other)

No 10-Q data

Worksite employees on HRO solutions (other)

No 10-Q data

Worksite employees served (other)

No 10-Q data

Y2K code lines reviewed (other)

No 10-Q data

Year-end tax forms delivered (other)

No 10-Q data

Year-end tax statements (other)

No 10-Q data

Year-end tax statements delivered (other)

No 10-Q data

Year-end tax statements processed (other)

No 10-Q data

Zero coupon notes converted (other)

No 10-K data

Workers' comp premiums (premiums_written)

No 10-Q data

Shareholder ballots processed (production_volume)

No 10-Q data

Processing Centers Owned (properties)

No 10-Q data

Client revenue retention rate (retention)

Pays per control growth (same_store_sales)

No 10-Q data

Common Stock outstanding (shares)

No 10-Q data

Owned Square Footage (square_footage)

No 10-Q data

Year-end tax statements processed (throughput)

Internet Investor Communications (transactions)

Year-end tax statements processed (units_shipped)

Streamline employees processed (users)

Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

No 10-Q data

Demographics

No demographic data found.

Workforce Breakdowns

No 10-Q data
No 10-Q data

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No flow HCM metrics found.

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-06-30restructuringin_progressCompany-wide (global)Corporate (organizational streamlining)USD 91 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Corporate-led business alignment program intended to align the organization and resources with Strategic Priorities and streamline structure. Charge fully incurred in Q4 fiscal 2026 (quarter ended June 30, 2026), comprising $89.1M severance costs and $2.0M strategic project costs (primarily external advisory). Affected-employee count and completion timeline not disclosed.
2026-06-30restructuringin_progress2026-06-30GlobalCompany-wideUSD 91 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Q4 fiscal 2026 corporate-led business alignment program totaling $91.1M, comprising $89.1M severance and $2.0M strategic project (external advisory) costs; no employee count or completion date disclosed. Charge excluded from adjusted results.
2026-06-30restructuringcompleted2026-04-012026-06-30GlobalCorporateUSD 91 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Q4 2026 corporate-led business alignment program. Charge includes $89.1M severance and $2.0M strategic project costs. Employee count not disclosed.
2026-03-31restructuringcompletedUSD 0 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Partial reversal of workforce optimization initiative from fiscal 2024. Described as broad-based, company-wide.
2025-12-31restructuringcompletedUSD -1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Partial reversal of workforce optimization initiative from fiscal 2024. Described as a broad-based, company-wide initiative.
2025-06-30acquisition_additioncompleted2024-10Employer Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
WorkForce Software, a workforce management provider, acquired October 2024 for a purchase price of $1,170.8 million ($1,158.3 million net of cash acquired) using cash on hand; results reported within the Employer Services segment. Headcount added through the acquisition was not disclosed.
2025-06-30restructuringcompletedGlobalCompany-wide; includes aligning resources for the new global HCM productsUSD 24 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2025 severance charges of $23.9 million for broad-based, company-wide optimization initiatives, offset by a $4.6 million partial reversal of the fiscal 2024 workforce optimization initiative; net $19.3 million excluded from adjusted EBIT/adjusted net earnings. Timing within the fiscal year and number of employees affected not disclosed; charges recognized during fiscal 2025.
2025-06-30restructuringin_progressGlobalCompany-wideUSD 24 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2025 severance charges tied to broad-based, company-wide initiatives, including aligning resources to new global HCM products; includes a $4.6M partial reversal of the fiscal 2024 workforce optimization initiative. Employees affected not disclosed. No separate restructuring footnote exists in this filing.
2025-06-30acquisition_additioncompleted2024-10-01GlobalEmployer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired October 2024 for a $1,170.8M purchase price ($1,158.3M cash paid net of cash acquired); workforce management provider being integrated into the global HCM ecosystem. Headcount added not disclosed; announcement date reflects month disclosed only (October 2024).
2025-06-30acquisition_additioncompletedMexicoEmployer Services — Global PayrollMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired PEI (Procesamiento Externo de Informacion, S.C.), a Mexican payroll business, during fiscal 2025 to augment global payroll capabilities. Headcount added and transaction terms not disclosed.
2025-06-30restructuringcompletedGlobalVariousUSD 24 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal 2025 included $23.9 million of severance charges related to broad-based, company-wide initiatives, including efforts to align resources with respect to new global HCM products. Net of $4.6 million partial reversal from prior year initiative. Employee count not disclosed.
2025-06-30acquisition_additioncompleted2024-10-01GlobalEmployer ServicesItem 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired WorkForce Software in October 2024. Employee count not disclosed.
2025-06-30acquisition_additioncompleted2025-02-01MexicoEmployer ServicesItem 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Procesamiento Externo de Información, S.C. (PEI) in February 2025. Employee count not disclosed.
2025-06-30restructuringcompletedGlobalVariousUSD 24 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance charges related to broad-based, company-wide initiatives, including efforts to align resources with respect to new global HCM products. Offset by $4.6 million partial reversal of prior year initiative.
2025-06-30acquisition_additioncompleted2024-10-01GlobalEmployer ServicesItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquired WorkForce Software in October 2024. Headcount not explicitly disclosed.
2025-06-30acquisition_additioncompleted2025-02-01MexicoEmployer ServicesItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquired Procesamiento Externo de Información, S.C. (PEI) in February 2025. Headcount not explicitly disclosed.
2024-12-31acquisition_additioncompleted2024-10-01Employer ServicesUSD 1,173 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired WorkForce Software in October 2024. Headcount not disclosed.
2024-12-31otherannounced12025-01-272025-03-31Executivesubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Departure of John C. Ayala effective March 31, 2025, under separation agreement.
2024-09-30acquisition_additionannounced2024-10-01GlobalEmployer ServicesUSD 1,200 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
October 2024 acquisition of WorkForce Software for approximately $1.2 billion in cash; purchase price allocation not yet finalized. No employee headcount added disclosed.
2024-09-30acquisition_additioncompleted2024-10-01Employer ServicesUSD 1,200 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired WorkForce Software for approximately $1.2 billion in cash. Headcount not disclosed.
2024-06-30reduction_in_forcecompletedCompany-wideCompany-wide; severance costs recorded in unallocated 'Other'/SG&AUSD 42 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Filer labels this a broad-based, company-wide 'workforce optimization' effort; the $42.0 million pre-tax severance charge was excluded from adjusted EBIT and adjusted net earnings, with a related income tax benefit of $10.5 million. No affected-employee count, announcement date, or completion timeline disclosed; status inferred as completed because charges were fully recorded in fiscal 2024.
2024-06-30acquisition_additioncompletedItem_1_Business
f5-10k / GLM-5.3-flash-HTML
ADP acquired Sora, a low-code intelligent workflow automation and data integration tool; headcount added was not disclosed. Aggregate fiscal 2024 acquisitions of businesses, net of cash acquired, were $33.6 million per the Statements of Consolidated Cash Flows.
2024-06-30restructuringin_progressGlobalCompany-wideUSD 42 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Broad-based, company-wide workforce optimization effort; pre-tax severance charges of $42.0M recognized in fiscal 2024 (tax effect $10.5M). No employee count, announcement date, or completion timeline disclosed.
2024-06-30acquisition_additioncompletedTechnology / ProductItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
ADP acquired Sora, a low-code workflow automation and data integration tool, during fiscal 2024; headcount added not disclosed. Fiscal 2024 acquisitions of businesses, net of cash acquired, totaled $33.6M.
2024-06-30restructuringcompletedGlobalCompany-wideUSD 42 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Filer reports $42.0 million in workforce optimization charges (severance) related to a broad-based, company-wide workforce optimization effort. Employee count not disclosed.
2024-06-30restructuringcompletedGlobalCompany-wideUSD 42 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Broad-based, company-wide workforce optimization effort. Severance charges of $42.0 million recorded in fiscal 2024. Employee count not disclosed.
2023-09-30acquisition_additioncompletedTechnology / ProductMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Sora, an intelligent workflow automation and data integration tool, during the quarter; no headcount added disclosed.
2023-09-30acquisition_additioncompletedSwedenGlobal Solutions / PayrollMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired the payroll business of BTR, a long-time ADP partner in Sweden; no headcount added disclosed. Cash outflow for acquisitions of businesses in the quarter was $33.6 million.
2023-06-30restructuringin_progressCompany-wide transformation initiatives (unallocated corporate / Other segment)USD 9 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Net fiscal 2023 pre-tax charge comprises consulting costs for company-wide transformation initiatives, partially offset by net reversals of severance accruals; the filing confirms severance actions occurred under this program but discloses no headcount, announcement date, or completion timeline. Charges of $3.5 million were reported for the prior year, indicating a multi-year program.
2023-03-31restructuringin_progressUSD 6 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Transformation initiatives include consulting costs relating to company-wide transformation initiatives, partially offset by net reversals relating to severance.
2023-03-31restructuringin_progressUSD 8 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
YTD transformation initiatives include consulting costs relating to company-wide transformation initiatives, partially offset by net reversals relating to severance.
2022-12-31otherannounced12023-01-302023-03-31CorporateUSD 964,050 (dollars)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Executive separation: Don Weinstein departs 2023-03-31 as a Qualifying Termination under the Corporate Officer Severance Plan; gross separation payment of $964,050 paid in monthly installments over 18 months, plus a prorated target bonus of $482,025 and continued PSU vesting. Departure previously announced; agreement dated 2023-01-30.
2022-12-31otherannounced2023-01-302023-03-31Executivesubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Separation agreement for Don Weinstein, effective March 31, 2023, constituting a Qualifying Termination under the Corporate Officer Severance Plan.
2022-09-30restructuringin_progressUSD -1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Transformation initiatives include net reversals relating to severance, partially offset by consulting costs relating to company-wide transformation initiatives.
2022-06-30acquisition_additioncompletedUSD 12 (millions)other
f5-10k / GLM-5.3-flash-HTML
Fiscal 2022 cash used for acquisitions of businesses, net of cash acquired, was $11.7 million; no acquired headcount was disclosed in the filing.
2022-06-30restructuringin_progressGlobalCompany-wideUSD 4 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2022 charges for company-wide transformation consulting costs, partly offset by net reversals of severance and gains on asset sales; no employee count disclosed
2022-06-30restructuringcompletedUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges include consulting costs relating to company-wide transformation initiatives, partially offset by net reversals relating to severance and gain on sale of assets.
2022-03-31restructuringin_progressUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Transformation initiatives include consulting costs relating to company-wide transformation initiatives, partially offset by net reversals relating to severance and gain on sale of assets for the nine months ended March 31, 2022.
2021-12-31restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Transformation initiatives include consulting costs relating to company-wide transformation initiatives, offset by gain on sale of assets and net reversals relating to severance.
2021-06-30restructuringcompletedCompany-wide (all business units and functions)USD 3 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2021 net severance cost from headcount actions under broad-based, company-wide excess capacity initiatives (program began in fiscal 2020 amid COVID-19; fiscal 2020 charge of $25.4M not extracted). No employee count, announcement date, or completion timeline disclosed.
2021-06-30restructuringcompletedGlobalCompany-wideUSD 3 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net excess-capacity severance cost for fiscal 2021 under company-wide initiatives to address excess capacity; employee count not disclosed. Prior-year comparative of $25.4M not extracted.
2021-06-30restructuringcompletedGlobalVariousUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Excess capacity severance charges for fiscal 2021. Employee count not disclosed.
2021-06-30restructuringcompletedGlobalVariousMD&A
f5-10k / Qwen3.6-27B-Q8_0
Transformation initiatives including impairment charges and lease asset impairments. Employee count not disclosed.
2021-03-31restructuringin_progressCompany-wide (broad-based transformation initiatives)USD 3 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net severance cost related to excess capacity for nine months ended March 31, 2021, part of company-wide initiatives to address excess capacity; no employee count, announcement date, or completion date disclosed.
2021-03-31restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Transformation initiatives include gain on sale of assets and net reversals related to other transformation initiatives, including severance, partially offset by impairment charges.
2021-03-31restructuringin_progressUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Excess capacity severance charges related to broad-based, company-wide initiatives to address excess capacity.
2020-12-31restructuringin_progressNot specifiedCompany-wide (excess capacity across business and functions)USD 3 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six months ended Dec 31, 2020 charge of $2.9M ($0.5M in Q2 alone); no employee count disclosed. Part of broad-based company-wide initiatives to address excess capacity.
2020-12-31restructuringin_progressNot specifiedCompany-wide (broad-based transformation initiatives)USD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six months ended Dec 31, 2020 charge of $4.1M ($3.3M in Q2 alone); includes lease asset impairment, held-for-sale facility write-downs, and severance. No employee count disclosed.
2020-12-31restructuringin_progressUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Transformation initiatives include charges related to impairment of operating right-of-use assets and certain related fixed assets associated with vacating leased locations, and net charges related to other transformation initiatives, including severance.
2020-12-31restructuringin_progressUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Excess capacity severance charges represent net severance cost related to excess capacity as part of broad-based, company-wide initiatives.
2020-12-31restructuringin_progressUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
YTD transformation initiatives include charges related to impairment of owned facilities classified as held for sale and lease asset impairment charges, partially offset by net reversals of charges related to other transformation initiatives, including severance.
2020-12-31restructuringin_progressUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
YTD excess capacity severance charges represent net severance cost related to excess capacity as part of broad-based, company-wide initiatives.
2020-09-30restructuringin_progressCompany-wide (broad-based transformation, including digital and procurement transformation initiatives)USD 2 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites reduced costs from cost and headcount actions and excess capacity headcount actions; no employee counts, dates, or completion timeline disclosed. Related transformation initiative charges of $0.8M (facility impairment and net reversals) reported separately.
2020-09-30restructuringin_progressUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Net severance cost related to excess capacity actions part of broad-based transformation initiatives.
2020-09-30restructuringin_progressUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Impairment charges for owned facilities classified as held for sale, part of transformation initiatives.
2020-06-30othercompleted98%2020-03GlobalCompany-wide (all segments and functions)MD&A
f5-10k / GLM-5.3-flash-HTML
Business Continuity Plan implemented in March 2020; more than 98% of the workforce shifted to work from home or off-site locations to maintain uninterrupted client service. A phased, volunteer-only return to the office was in early stages as of filing.
2020-06-30layoffcompletedGlobal (company-wide)Company-wide initiatives addressing excess capacity across business and functionsUSD 25 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2020 severance charges for broad-based, company-wide initiatives addressing excess capacity due to the COVID-19 pandemic; excluded from adjusted results. Headcount affected not disclosed.
2020-06-30restructuringin_progressGlobal (company-wide)Company-wide transformation initiatives (including the Workforce Optimization program)USD 29 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2020 severance of $29.1 million within transformation initiatives; fiscal 2020 net transformation charges of $77.4 million also include $29.9 million of facility impairment / early lease-exit charges and $28.5 million of other transformation costs. Transformation continues into fiscal 2021 with a digital implementation and servicing initiative.
2020-06-30voluntary_separationcompletedUnited States (VERP); SAI geography not specifiedVoluntary Early Retirement Program (VERP) and Service Alignment Initiative (SAI)USD -10 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2020 net reversal (credit) of $10.1 million of previously recorded VERP and SAI charges. VERP was offered in fiscal 2018 to eligible U.S. associates aged 55 or above with at least 10 years of service; prior-year charges of $319.6 million (fiscal 2018) and $48.2 million (fiscal 2019) are context only and not attributed to fiscal 2020.
2020-06-30othercompletedGlobalCompany-wide (all employees excluding corporate officers)USD 50 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
One-time COVID-19 associate assistance payment of $1,000 per employee (or equivalent based on average wage parity in each country), excluding corporate officers; announced during fiscal 2020.
2020-06-30otherannounced2020-07-01United StatesU.S. defined benefit cash balance pension plan (closed to new entrants)subsequent_events
f5-10k / GLM-5.3-flash-HTML
U.S. pension plan frozen effective July 1, 2020 (fiscal 2021 event disclosed in the fiscal 2020 Form 10-K); participants retain accrued benefits with no future accruals for pay or service. In connection with the freeze, $17.0 million of prior service credits were recognized in fiscal 2020 within Other income, net. Affected participant count not disclosed.
2020-06-30othercompleted2019-07-01Not specifiedSupplemental Officers Retirement Plan (SORP) — certain corporate officersother
f5-10k / GLM-5.3-flash-HTML
SORP, closed to new entrants, was frozen effective July 1, 2019 (fiscal 2020) with no future accruals due to pay and/or service. Participant count not disclosed.
2020-06-30restructuringin_progressGlobalCompany-wide (transformation initiatives)USD 29 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2020 transformation charges: $29.1M severance, $29.9M facility impairments, $28.5M other charges, partly offset by $10.1M net reversals of prior VERP and Service Alignment Initiative charges. Employees affected not disclosed.
2020-06-30reduction_in_forcein_progressGlobalCompany-wide (excess capacity across business and functions)USD 25 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance charges tied to COVID-19 capacity actions; employees affected and timing not disclosed.
2020-06-30plant_closurein_progressUnited States and internationalCorporate facilitiesUSD 5 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Early vacating of leased locations drove $4.6M ROU/fixed-asset impairment; a further $25.3M impairment recorded on owned facilities classified as held for sale. No headcount impact quantified.
2020-06-30restructuringcompletedGlobalVariousUSD 25 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Severance costs related to COVID-19 impact and excess capacity initiatives. Employee count not explicitly disclosed.
2020-06-30restructuringcompletedGlobalVariousUSD 29 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges related to severance as part of broad-based transformation initiatives.
2020-06-30restructuringcompletedGlobalVariousUSD 25 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance charges related to the impact of COVID-19 pandemic to address excess capacity.
2020-06-30restructuringcompletedGlobalVariousUSD 30 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Impairment charges for owned facilities classified as held for sale and vacated leased locations.
2020-03-31othercompleted2020-03-22GlobalAllUSD 50 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
One-time global associate assistance payment of $1,000 per employee (excluding corporate officers) in response to COVID-19. Total cost $50.4 million. Tax-free to US associates.
2020-03-31voluntary_separationcompletedUnited StatesAllUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary Early Retirement Program (VERP) charges recorded in Q3 2020. Note 11 states $7.8 million recorded in three months ended March 31, 2019, but the table shows $17.0 million settlement charges/termination benefits in Q3 2020. The text clarifies the $17.0M in Q3 2020 is primarily prior service credits from pension freeze, but also lists 'Settlement charges, special termination benefits and plan curtailment' as $(17.0)M. Wait, Note 11 table shows 'Settlement charges...' as (17.0) for Q3 2020. The text says 'As a result of the freeze, the Company recognized $17.0 million of prior service credits... within Other Income, net'. It does not explicitly state a headcount for VERP in Q3 2020, only that VERP was offered in fiscal 2018. The $7.8M was in 2019. The Q3 2020 charge is likely related to the pension freeze or other adjustments. Given the ambiguity and lack of headcount, this is excluded from workforce_actions as a distinct headcount event, or included as 'other' if material. However, the prompt asks for workforce actions. The $50.4M payment is a benefit, not a headcount change. The pension freeze affects future accruals, not current headcount. No explicit RIF or layoff headcount is disclosed.
2019-12-31voluntary_separationcompletedUnited StatesUSD 8 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Net reversals of charges related to Voluntary Early Retirement Program (VERP) and Service Alignment Initiative. Employee count not disclosed.
2019-09-30voluntary_separationin_progressUnited StatesUSD -6 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Net reversals of charges related to Voluntary Early Retirement Program (VERP). No employee count disclosed.
2019-06-30voluntary_separationcompleted2,2002019-06-30United StatesCompany-wide; eligible U.S.-based associates aged 55 or above with at least 10 years of serviceUSD 48 (millions)other
f5-10k / GLM-5.3-flash-HTML
Program offered during fiscal 2018 to about 3,500 eligible associates, roughly 6% of the workforce; approximately 2,200 opted in (the 6% refers to the eligible population, not participants). Participants exited the Company as of June 30, 2019. Fiscal 2019 charges of $48.2 million comprise non-cash pension settlement charges and special termination benefits, plus $23.6 million of continuing health coverage expenses recorded in SG&A. Fiscal 2018 special termination benefits were $319.6 million.
2019-06-30restructuringin_progressCompany-wide management layers (reduce management layers, increase spans of control)USD 34 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
ASC 712 severance charges of $33.6 million recorded in fiscal 2019, primarily for the Workforce Optimization initiative; part of broad-based, company-wide transformation initiatives. Headcount affected not disclosed.
2019-06-30restructuringin_progressUnspecified other company-wide transformation initiativesUSD 57 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Charges of $56.8 million recorded in fiscal 2019 related to other, undifferentiated transformation initiatives; headcount impact not disclosed.
2019-06-30restructuringcompleted2016-07-28United StatesService organization realignment to strategic platforms and locations (Norfolk, VA; Maitland, FL; Tempe, AZ)USD 87 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Cumulative charges from inception (fiscal 2017) through June 30, 2019, primarily employee separation benefits under ASC 712. Fiscal 2019 activity was a net reversal of $23.9 million, including $22.5 million of net reversals of employee separation benefits and a $4.1 million gain on asset sales. No additional material pre-tax restructuring charges expected; a $12.0 million liability remained at June 30, 2019. Headcount affected not disclosed.
2019-06-30acquisition_additioncompleted2018-07Employer Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired 100% of Celergo Holdings, Inc. in July 2018 (fiscal 2019), a multi-country payroll management services provider. Headcount added was not disclosed; the acquisition was not material individually or in aggregate to results, financial position, or cash flows.
2019-06-30voluntary_separationcompleted2,200United StatesCompany-wideUSD 48 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Voluntary Early Retirement Program (VERP) was offered in fiscal 2018 to about 3,500 eligible U.S. associates aged 55+ with 10+ years of service; approximately 2,200 opted to participate. Fiscal 2019 amounts comprise $48.2M of non-cash pension settlement charges and special termination benefits, plus $23.6M of continuing health coverage expense for participants who had exited as of June 30, 2019. Exact announcement date not disclosed in this filing; separations largely occurred in fiscal 2018.
2019-06-30restructuringin_progressCompany-wide (management layers)USD 34 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Workforce Optimization initiative: ASC 712 severance recorded in fiscal 2019 to reduce management layers and increase spans of control. Employees affected not disclosed.
2019-06-30restructuringin_progressCompany-wideUSD 57 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance related to other transformation initiatives recorded in fiscal 2019. Employees affected not disclosed.
2019-06-30restructuringcompletedService organizationrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program announced July 28, 2016; only current-year activity extracted. Fiscal 2019 activity was a net reversal of charges plus a $4.1M asset-sale gain totaling $23.9M, leaving a $12.0M liability at June 30, 2019. Company does not expect further material charges. Employees affected in fiscal 2019 not disclosed.
2019-06-30acquisition_additioncompleted2018-072018-07Employer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Celergo Holdings, Inc., a multi-country payroll management provider, completed in July 2018 (fiscal 2019). Headcount added not disclosed; acquisition deemed not material individually or in aggregate.
2019-06-30voluntary_separationcompleted2018-07-012019-06-30United StatesCompany-wideUSD 72 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Voluntary Early Retirement Program (VERP) offered in fiscal 2018 to eligible associates aged 55+ with 10+ years service. Fiscal 2019 charges include $48.2M non-cash pension settlement/special termination benefits and $23.6M continuing health coverage expenses.
2019-06-30restructuringcompleted2019-07-012019-06-30GlobalManagement layersUSD 34 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Workforce Optimization initiative to reduce management layers and increase spans of control. Severance charges of $33.6M recorded in fiscal 2019.
2019-06-30restructuringcompleted2019-07-012019-06-30GlobalOther transformation initiativesUSD 57 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other transformation initiatives charges of $56.8M recorded in fiscal 2019.
2019-06-30restructuringcompleted2016-07-012019-06-30United StatesService OperationsUSD -24 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Service Alignment Initiative announced in fiscal 2016. Fiscal 2019 net reversals of charges and gain on sale of assets totaling $23.9M.
2019-06-30voluntary_separationcompleted2018-07-012019-06-30United StatesCompany-wideUSD 72 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Voluntary Early Retirement Program (VERP) offered in fiscal 2018 to eligible U.S. associates aged 55+ with 10+ years service. Fiscal 2019 charges include $48.2M for non-cash pension settlement/termination benefits and $23.6M for continuing health coverage.
2019-06-30restructuringcompleted2019-01-012019-06-30GlobalManagementUSD 34 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Workforce Optimization initiative to reduce management layers and increase spans of control. Severance charges recorded in accordance with ASC 712.
2019-06-30restructuringcompleted2019-01-012019-06-30GlobalCompany-wideUSD 57 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Other transformation initiatives. Charges partially offset by net reversals and gain on sale of assets related to Service Alignment Initiative totaling $23.9M.
2019-06-30restructuringin_progressUSD 6,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-06-30restructuringin_progressEmployee Severance [Member]USD 4,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-06-30restructuringin_progressOther Restructuring [Member]USD 2,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-03-31voluntary_separationin_progress2,200United StatesCompany-wideUSD 36 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Voluntary Early Retirement Program offered in fiscal 2018 to about 3,500 eligible U.S. associates aged 55+ with 10+ years of service (roughly 6 percent of workforce); approximately 2,200 opted to participate. Charge shown is the nine-months-ended non-cash pension settlement and special termination benefits; an additional $23.6 million of continuing health-coverage expense for VERP participants was recorded in SG&A over the same period. Company does not expect material charges for the remainder of fiscal 2019. Announcement date not specified beyond fiscal 2018.
2019-03-31restructuringin_progress2016-07-28United StatesService organization (recorded in Other segment)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Service Alignment Initiative simplifying service operations; no employee count disclosed. Current-period amounts are net reversals: $(7.7) million for the three months and $(18.6) million for the nine months ended March 31, 2019 (cumulative $91.9 million net charges since inception through March 31, 2019). Liability balance of $19.7 million at March 31, 2019. Company states it does not expect additional significant pre-tax restructuring charges.
2019-03-31voluntary_separationin_progress2,2006%United StatesCorporateUSD 24 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary Early Retirement Program (VERP) offered in fiscal 2018 to eligible associates aged 55+ with 10+ years service. ~2,200 associates opted to participate. $23.6M expense recorded for continuing health coverage for participants exiting during the nine months ended March 31, 2019.
2019-03-31restructuringin_progress2016-07-28United StatesService OperationsUSD -19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Service Alignment Initiative announced July 2016. Net reversal of $18.6M recorded for the nine months ended March 31, 2019, primarily due to reversals of employee separation benefits and gain on sale of assets. No specific headcount reduction disclosed for this period.
2019-03-31restructuringin_progressUSD 6,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressEmployee Severance [Member]USD 4,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressOther Restructuring [Member]USD 2,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31voluntary_separationin_progress2,20020182019-06-30United StatesU.S.-based associates aged 55+ with 10+ years of serviceUSD 28 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Voluntary Early Retirement Program (VERP) offered in fiscal 2018 to about 3,500 eligible associates (~6% of workforce); approximately 2,200 opted in. Charge shown is the six-month non-cash settlement and special termination benefit; separately, $21.4M of continuing health-coverage expense was recorded in SG&A for the six months, with up to ~$8M more expected in fiscal 2019, plus up to ~$2M of additional settlement charges. No total-workforce denominator disclosed, so percent of workforce not computable.
2018-12-31restructuringin_progress2016-07-282019-06-30United StatesService organization (Other segment)USD -11 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge shown is the six-month net (reversal) of $10.9M, comprising employee separation benefit reversals of $8.5M, other initiative costs of $1.7M, and a $4.1M gain on asset sale; cumulative charges since inception were $99.6M through 2018-12-31. No employees-affected count disclosed. Liability balance was $30.0M at 2018-12-31. Filer states no significant further pre-tax charges expected for the remainder of fiscal 2019.
2018-12-31restructuringin_progress2018-10-012019-06-30Corporate (Other segment)USD 31 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six-month charges for transformation initiatives excluding VERP and the Service Alignment Initiative ($18.7M for the three months). Filer does not break out headcount affected or the composition of these charges; announcement date is the start of the current fiscal year as no discrete announcement date is given.
2018-12-31voluntary_separationin_progress2,200United StatesCorporate / All FunctionsUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary Early Retirement Program (VERP) offered to eligible U.S. associates aged 55+ with 10+ years service. ~2,200 associates opted to participate. Charge includes non-cash pension settlement and special termination benefits.
2018-12-31restructuringin_progress2016-07-28United StatesService OperationsUSD -11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Service Alignment Initiative announced July 2016. Six months ended Dec 31, 2018 shows net reversals/charges of $(10.9) million, including gain on sale of assets. No specific employee count disclosed for this period.
2018-12-31restructuringin_progressUSD 5,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressEmployee Severance [Member]USD 4,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressOther Restructuring [Member]USD 1,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-09-30voluntary_separationin_progress2,20020182019-06-30United StatesCompany-widerestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Voluntary Early Retirement Program offered in fiscal 2018 to ~3,500 eligible U.S. associates aged 55+ with 10+ years of service (~6% of workforce); ~2,200 opted in. Q1 FY2019 charges: $14.0M non-cash pension settlement, $1.3M special termination benefits, $9.3M continuing health coverage. Additional settlement charges up to $15M and health-coverage charges up to $26M expected through remainder of fiscal 2019.
2018-09-30restructuringin_progress2016-07-28United StatesOther segment / service organizationrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Service Alignment Initiative announced 2016-07-28; Q1 FY2019 recorded net reversal of $(4.4)M (employee separation benefits $(5.2)M, other initiative costs $0.8M); cumulative charges $106.1M since inception. Severance liability $38.3M at 2018-09-30. Company does not expect significant pre-tax restructuring charges for remainder of fiscal 2019. No employee count disclosed for the period.
2018-09-30acquisition_additioncompleted2018-07Employer Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Celergo Holdings, Inc., a multi-country payroll management services provider, in July 2018. Headcount added not disclosed; acquisition deemed not material individually or in aggregate.
2018-09-30voluntary_separationin_progress2,2002018-07-012019-06-30United StatesCompany-wideUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary Early Retirement Program (VERP) offered to eligible associates aged 55+ with 10+ years service. ~2,200 associates opted to participate. Charges include $14.0M non-cash pension settlement, $1.3M special termination benefits, and $9.3M continuing health coverage expenses.
2018-09-30restructuringin_progress2016-07-282019-06-30United StatesService OperationsUSD -4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Service Alignment Initiative announced July 2016. Net reversal of $4.4M recorded in Q1 FY2019 due to reversals of employee separation benefits. Program involves aligning service operations to strategic platforms and locations.
2018-09-30restructuringin_progressEmployee Severance [Member]USD 4,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-09-30restructuringin_progressOther Restructuring [Member]USD 800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-09-30restructuringin_progressUSD 4,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30voluntary_separationin_progress2,2002018-03-01United StatesCompany-wide (U.S.-based associates aged 55+ with at least 10 years of service)USD 320 (millions)other
f5-10k / GLM-5.3-flash-HTML
VERP offered March 1, 2018 to about 3,500 eligible associates (roughly 6% of workforce); elections closed May 1, 2018 with approximately 2,200 opting in. The $319.6M special termination benefit charge was funded primarily from the U.S. defined benefit plan surplus and recognized in Other expense/(income), net in fiscal 2018. Additional fiscal 2018 VERP-related items disclosed: $17.5M of other VERP charges, $13.4M of health-coverage expense for participants who exited by June 30, 2018, and $3.8M of stock-based compensation expense from award modifications. Remaining participants exit during fiscal 2019, with a potential non-cash pension settlement charge in fiscal 2019.
2018-06-30restructuringin_progress2016-07-28Client service organization (charges reported within the Other segment)USD 21 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program announced July 2016 to align service operations to strategic platforms and locations. Fiscal 2018 charges of $20.5M comprised $15.4M employee separation benefits and $5.1M other initiative costs; cumulative charges since inception through June 30, 2018 total $110.5M. Approximately $10M of additional pre-tax charges, primarily employee separation benefits, expected in fiscal 2019. Employee separation benefit liability of $54.5M remained at June 30, 2018. US relocation sites referenced: Norfolk, VA; Maitland, FL; Tempe, AZ. Headcount affected not disclosed.
2018-06-30restructuringin_progressCompany-wide transformation initiatives (Transformation Office)USD 42 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Fiscal 2018 other transformation initiatives totaled $47.2M, primarily severance charges of $41.9M; distinct from the VERP and the Service Alignment Initiative. Part of a broad-based, company-wide transformation effort that included forming a Transformation Office. Affected headcount and completion timeline not disclosed.
2018-06-30acquisition_additioncompleted2017-10United StatesEmployer Services (digital payments — paycards and electronic accounts)USD 490 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired 100% of Global Cash Card, Inc. in October 2017 for approximately $490M in cash, net of cash acquired (purchase consideration, not a workforce charge); results reported in Employer Services. Employee headcount acquired not disclosed.
2018-06-30acquisition_additioncompleted2018-01Employer Services (cloud-based freelance management solutions)USD 125 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired 100% of WorkMarket, Inc. in January 2018 for approximately $125M in cash (purchase consideration, not a workforce charge); results reported in Employer Services. Employee headcount acquired not disclosed.
2018-06-30acquisition_additioncompleted2018-07Employer Services (international payroll management services)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Subsequent event: acquired 100% of Celergo Holdings, Inc. in July 2018 (fiscal 2019); to be accounted for under the acquisition method with results reported in Employer Services. Consideration and employee headcount acquired not disclosed.
2018-06-30voluntary_separationcompleted2,2002018-03-012018-05-01United StatesCompany-wideUSD 320 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Voluntary Early Retirement Program offered to about 3,500 eligible U.S. associates aged 55+ with 10+ years of service (approx. 6% of workforce); elections closed 2018-05-01 with approximately 2,200 opting in. Charge is a special termination benefit charge from the U.S. pension plan recorded in Q4 FY2018; an additional $17.5M of other VERP charges is reported within transformation initiatives, and up to $35M of health-coverage expense was expected in fiscal 2019
2018-06-30restructuringin_progress2016-07-28United StatesClient service operationsUSD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program aligning service operations to strategic platforms; $20.5M charged in fiscal 2018 ($15.4M employee separation benefits, $5.1M other), $110.5M cumulative through June 30, 2018; approximately $10M of additional pre-tax charges expected in fiscal 2019. Employees affected not disclosed
2018-06-30acquisition_additioncompleted2017-10Employer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Global Cash Card, Inc. for approximately $490 million cash, net of cash acquired; headcount added not disclosed
2018-06-30acquisition_additioncompleted2018-01Employer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of WorkMarket, Inc. for approximately $125 million cash; headcount added not disclosed
2018-06-30acquisition_additioncompleted2018-07Employer Servicessubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Celergo Holdings, Inc., an international payroll management services provider, in July 2018 (after fiscal year-end, before filing date); headcount added not disclosed
2018-06-30voluntary_separationcompleted2,2002018-03-012018-05-01United StatesCompany-wideUSD 320 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Voluntary Early Retirement Program (VERP) offered to eligible U.S.-based associates aged 55+ with 10+ years service. Approximately 2,200 associates opted to participate. Special termination charge of $319.6 million recorded.
2018-06-30restructuringin_progress2016-07-28GlobalService Alignment InitiativeUSD 21 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Multi-year initiative. Fiscal 2018 charges of $20.5 million primarily for employee separation benefits and other initiative costs. Cumulative charges from inception through June 30, 2018 were $110.5 million.
2018-06-30voluntary_separationcompleted2,2006%2018-03-012018-06-30United StatesCompany-wideUSD 320 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Voluntary Early Retirement Program (VERP) offered to eligible U.S.-based associates aged 55+ with 10+ years service. Special termination charge of $319.6 million recorded. Approximately 2,200 associates opted to participate.
2018-06-30restructuringin_progress2016-07-282019-06-30United StatesService Alignment InitiativeUSD 21 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Service Alignment Initiative. $20.5 million in charges incurred in fiscal 2018. Company expects to recognize pre-tax restructuring charges of about $10 million in fiscal 2019.
2018-06-30restructuringin_progressUSD 43,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-06-30restructuringin_progressEmployee Severance [Member]USD 38,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-06-30restructuringin_progressOther Restructuring [Member]USD 5,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-03-31voluntary_separationannounced3,5006%2018-03-012018-06-30United StatesU.S.-based associates aged 55+ with 10+ years of serviceUSD 300 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Voluntary early retirement program offered to about 3,500 eligible associates (~6% of workforce); count is eligible associates offered, not electing participants. Elections due 2018-05-01 (window closed per Note 17). ~$300M pre-tax special termination benefit charge expected in Q4 FY2018, plus a non-cash settlement charge and a cash health-coverage charge, both unquantified. Program costs to be funded mainly from U.S. defined benefit plan surplus.
2018-03-31restructuringin_progress2016-07-282018-06-30United StatesOther segment — service organization alignment (Norfolk VA, Maitland FL, Tempe AZ)USD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge shown is three months ended 2018-03-31; YTD charge $26.0M; cumulative $103.1M since inception; ~$7M expected for remainder of fiscal 2018. Severance liability balance $57.5M at 2018-03-31. No employee count disclosed.
2018-03-31restructuringin_progressCompany-wide transformation initiativesUSD 27 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Other transformation initiatives charge for Q3 FY2018, including $22.6M of severance; total transformation initiatives charge of $39.7M in the quarter (includes Service Alignment Initiative $13.1M). No employee count disclosed.
2018-03-31acquisition_additioncompleted2017-10Employer Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Global Cash Card, Inc. for ~$490M cash net of cash acquired; no headcount added disclosed.
2018-03-31acquisition_additioncompleted2018-01Employer Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of WorkMarket, Inc. for ~$125M cash; no headcount added disclosed.
2018-03-31voluntary_separationannounced3,5006%2018-03-012018-06-30United StatesAll segmentsUSD 300 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary early retirement program (VERP) offered to eligible U.S.-based associates aged 55+ with 10+ years service. Election deadline May 1, 2018. Estimated pre-tax charges of ~$300 million to be recognized in Q4 FY2018.
2018-03-31restructuringin_progress2016-07-282018-06-30United StatesService organizationUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Service Alignment Initiative charges for the three months ended March 31, 2018 included $11.8M in employee separation benefits and $1.3M in other initiative costs. Cumulative charges through March 31, 2018 were $103.1M. Company expects to recognize pre-tax restructuring charges of about $7M for the remainder of fiscal 2018.
2018-03-31restructuringin_progressUSD 13,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressEmployee Severance [Member]USD 11,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressOther Restructuring [Member]USD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progress2016-07-282018-06-30United States (Norfolk, VA; Maitland, FL; Tempe, AZ service locations)Other segment — service organizationUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Employee separation benefits, relocation, lease termination and accelerated depreciation; no employee count disclosed. Charge was $3.3M in the quarter and $0.0M YTD; cumulative $90.0M since inception; about $25M of pre-tax charges expected for the remainder of fiscal 2018; liability balance $53.6M at 2017-12-31
2017-12-31acquisition_additioncompleted2017-10-01United StatesEmployer Services — digital payments (paycards)USD 490 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
October 2017 acquisition of Global Cash Card, Inc. for about $490M cash net of cash acquired; purchase price allocation includes $404.3M goodwill and $132.2M intangibles; headcount added not disclosed; charge value shown is purchase consideration, not a workforce charge
2017-12-31acquisition_additionannounced2018-01-01United StatesEmployer Services — freelance management solutionsUSD 125 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
January 2018 acquisition of Work Market, Inc. for about $125M cash; exact announcement date not disclosed (month only); headcount added not disclosed; charge value shown is purchase consideration, not a workforce charge
2017-12-31restructuringin_progress2016-07-282018-06-30United StatesService OperationsUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Company expects to recognize pre-tax restructuring charges of about $25 million for the remainder of fiscal 2018, consisting primarily of cash expenditures for employee separation benefits. Specific headcount affected not disclosed.
2017-12-31restructuringin_progressUSD 3,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressEmployee Severance [Member]USD 2,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressOther Restructuring [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progress2016-07-282018-06-30United StatesOtherUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company-wide service organization realignment announced 2016-07-28; charges are recorded in the Other segment. Quarter saw a net $(3.3)M reversal (severance reversal $(5.2)M, other costs $1.9M); liability balance $59.9M at 2017-09-30. About $30M of additional pre-tax charges expected for the remainder of fiscal 2018, primarily cash severance. No employee count disclosed.
2017-09-30acquisition_additionannounced2017-10Employer ServicesUSD 490 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
October 2017 acquisition of 100% of Global Cash Card, Inc. (digital payments) for approximately $490.0 million cash, net of cash acquired. No headcount added disclosed.
2017-09-30restructuringin_progress2016-07-282018-06-30United StatesOtherUSD -3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Service Alignment Initiative charges of $(3.3) million for the three months ended Sept 30, 2017, primarily due to reversals of employee separation benefits. Total cumulative charges since inception are $86.7 million. Expected remaining pre-tax charges of about $30 million for fiscal 2018.
2017-09-30restructuringin_progressEmployee Severance [Member]USD 800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progressOther Restructuring [Member]USD 1,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progressUSD 2,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progress2016-07-282018-06-30Company-wide client service operations; all charges recorded in the Other segmentUSD 90 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year initiative to align client service operations to strategic platforms and locations, including new leased sites in Norfolk, VA; Maitland, FL; and Tempe, AZ. Fiscal 2017 pre-tax charges of $90.0 million (equal to cumulative charges from inception) comprised $84.1 million employee separation benefits and $5.9 million other costs (employee relocation, lease terminations, accelerated depreciation). Approximately $30 million of additional pre-tax charges, primarily cash employee separation benefits, expected in fiscal 2018. Employee separation liability of $74.4 million at June 30, 2017; number of employees affected not disclosed.
2017-06-30restructuringcompletedCompany-wideUSD -5 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Company-wide severance program originally charged in fiscal 2016 ($48.2 million). Fiscal 2017 amount is a $5.0 million reversal (credit) of the prior-year severance estimate, presented as a negative charge in the non-GAAP reconciliation. Affected-employee count not disclosed; completed status inferred from the true-up reversal, as no new fiscal 2017 severance charges under this program were disclosed.
2017-06-30acquisition_additioncompletedEmployer Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Two businesses acquired during fiscal 2017 for total upfront cash consideration of approximately $90.0 million plus contingent consideration of up to $35.0 million payable over three years. One was The Marcus Buckingham Company (TMBC), a talent management provider, acquired January 2017. Employee headcount added through the acquisitions was not disclosed.
2017-06-30divestiture_reductioncompleted2016-11-28Employer Servicesother
f5-10k / GLM-5.3-flash-HTML
Sale of the Consumer Health Spending Account (CHSA) and COBRA businesses completed November 28, 2016 (expected_completion_date reflects actual completion date), generating a $205.4 million pre-tax gain recorded in Other income, net. The disposition did not qualify as discontinued operations; historical results were included in the Employer Services segment. Employee headcount transferred or removed through the sale was not disclosed.
2017-06-30restructuringin_progress2016-07-282018-06-30Client service operations (charges recorded in the Other segment)USD 90 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2017 charges of $90.0 million comprise $84.1 million of employee separation benefits and $5.9 million of other initiative costs (relocation, lease termination, accelerated depreciation); charges are fiscal-year-to-date, not cumulative. Program announced July 28, 2016 to align service operations to strategic platforms; new service locations leased in Norfolk VA, Maitland FL and Tempe AZ. Approximately $30 million of additional pre-tax charges expected in fiscal 2018. Employees affected not disclosed; liability balance at June 30, 2017 was $74.4 million.
2017-06-30restructuringin_progressCompany-wideUSD -5 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2017 activity is a reversal of approximately $5 million of the fiscal 2016 estimate for a broad-based, company-wide effort originally charged in fiscal 2016 ($48.2 million); negative value reflects the reversal. Employees affected not disclosed.
2017-06-30divestiture_reductioncompleted2016-11-282016-11-28Employer Services — Consumer Health Spending Account (CHSA) and COBRA businessesdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale completed November 28, 2016 with a pre-tax gain of $205.4 million; treated as continuing operations rather than a discontinued operation. Headcount removed through the disposition not disclosed.
2017-06-30acquisition_additioncompletedEmployer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two businesses acquired during fiscal 2017 for approximately $90.0 million upfront cash plus up to $35.0 million contingent consideration; includes The Marcus Buckingham Company (TMBC), acquired January 2017. Headcount added not disclosed; acquisitions deemed immaterial to results.
2017-06-30restructuringin_progress2016-07-282018-06-30GlobalService Alignment InitiativeUSD 90 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Service Alignment Initiative intended to align client service operations to strategic platforms. Fiscal 2017 incurred $90.0 million in charges. Anticipates total pre-tax charges of about $30 million in fiscal 2018.
2017-06-30restructuringcompletedGlobalWorkforce Optimization EffortUSD -5 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal 2017 Workforce Optimization Effort adjustment totaling approximately $5 million represents a reversal of the fiscal 2016 estimate.
2017-06-30restructuringin_progress2016-07-282018-06-30GlobalService OperationsUSD 90 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges primarily relate to employee separation benefits, relocation, lease termination, and accelerated depreciation. Employee count not disclosed.
2017-06-30restructuringcompletedGlobalVariousUSD -5 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Represents a reversal of the fiscal 2016 estimate. Employee count not disclosed.
2017-06-30restructuringin_progressUSD 43,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-06-30restructuringin_progressEmployee Severance [Member]USD 85,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-06-30restructuringin_progressOther Restructuring [Member]USD 5,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-03-31restructuringin_progress2016-07-282018-06-30United StatesOtherUSD 42 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year initiative to align service operations to strategic platforms; $41.6M charged YTD through 2017-03-31 (employee separation benefits $37.2M, other costs $4.4M); total pre-tax charges expected of $100M–$125M through fiscal 2018. No employee count disclosed. Charges recorded in Other segment.
2017-03-31divestiture_reductioncompleted2016-11-28Employer Servicesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Consumer Health Spending Account (CHSA) and COBRA businesses completed 2016-11-28 for a pre-tax gain of $205.4M; no headcount associated with the disposition disclosed.
2017-03-31acquisition_additioncompleted2017-01-31Employer Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two acquisitions in the nine months ended 2017-03-31 for ~$90.0M cash plus up to $35.0M contingent consideration; includes The Marcus Buckingham Company (TMBC), acquired January 2017. No headcount added disclosed.
2017-03-31restructuringin_progress2016-07-282018-06-30United StatesService OperationsUSD 42 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiative to simplify service organization by aligning operations to strategic platforms. Charges include employee separation benefits, relocation, lease termination, and accelerated depreciation. Total expected pre-tax charges $100M-$125M through fiscal 2018.
2017-03-31acquisition_additioncompleted2017-01-01United StatesEmployer Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired The Marcus Buckingham Company (TMBC) in January 2017. Headcount not explicitly disclosed.
2017-03-31acquisition_additioncompleted2017-03-31United StatesEmployer Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired two additional businesses during the nine months ended March 31, 2017. Headcount not explicitly disclosed.
2017-03-31divestiture_reductioncompleted2016-11-28United StatesEmployer Servicesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sold Consumer Health Spending Account (CHSA) and COBRA businesses. Headcount not explicitly disclosed.
2017-03-31restructuringin_progressUSD 600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressEmployee Severance [Member]USD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressOther Restructuring [Member]USD 700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progress2016-07-282018-06-30United States (Norfolk, VA; Maitland, FL; Tempe, AZ service locations)Client service organization (charges recorded in Other segment)USD 41 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative pre-tax charges of $41.1M through 2016-12-31 ($37.3M employee separation benefits, $3.8M other initiative costs); total program expected at $100M–$125M through fiscal 2018. Number of employees affected not disclosed.
2016-12-31divestiture_reductioncompleted2016-11-28United StatesEmployer Services — Consumer Health Spending Account (CHSA) and COBRA businessesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale completed 2016-11-28 for $235M with a pre-tax gain of $205.4M; associated headcount removed not disclosed.
2016-12-31acquisition_additionannounced2017-01-012017-01-31Not disclosedEmployer Services — talent management technology, coaching and consultingsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Marcus Buckingham Company (TMBC) for ~$70.0M cash plus up to $35.0M contingent consideration; exact announcement date not stated (January 2017). Headcount added not disclosed.
2016-12-31restructuringin_progress2016-07-282018-06-30United StatesService OperationsUSD 41 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiative to simplify service organization by aligning operations to strategic platforms. Includes employee separation benefits ($37.3M incurred YTD) and other costs ($3.8M incurred YTD). Total expected pre-tax charges $100M-$125M through fiscal 2018. Employee count not disclosed.
2016-12-31acquisition_additioncompleted2017-01-01United StatesEmployer ServicesUSD 70 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired The Marcus Buckingham Company, Inc. (TMBC) in January 2017 for $70M cash plus up to $35M contingent consideration. Headcount added not disclosed.
2016-12-31divestiture_reductioncompleted2016-11-28United StatesEmployer Servicesrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sold Consumer Health Spending Account (CHSA) and Consolidated Omnibus Reconciliation Act (COBRA) businesses. Headcount removed not disclosed.
2016-12-31restructuringin_progressUSD 1,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressEmployee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressOther Restructuring [Member]USD 1,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-09-30restructuringin_progress2016-07-282018-06-30United StatesOtherUSD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year initiative to align service operations to strategic platforms; $39.9M charged in Q1 FY2017 (employee separation benefits $37.3M, other one-time costs $2.6M). Total expected pre-tax charges of $100M-$125M through fiscal 2018 ($75M-$85M separation benefits, $25M-$40M other). No employee count disclosed. Charges recorded in the Other segment; includes relocation costs and accelerated depreciation. New leases entered in Norfolk VA, Maitland FL, and a third Western U.S. location (October 2016).
2016-09-30acquisition_additioncompletedUSD 20 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One business acquired during the quarter for $20.0M net of cash acquired; deemed immaterial, so no pro forma disclosure. Purchase price allocated to goodwill; no headcount added disclosed.
2016-09-30divestiture_reductionannounced2016-11-012016-12-31United StatesEmployer Servicessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
In November 2016 (after quarter end), ADP signed an agreement to sell its Consumer Health Spending Account (CHSA) and COBRA businesses for $235 million; expected to close in Q2 fiscal 2017 with an approximate $200M pre-tax gain. No headcount associated with the sale disclosed. Announcement date shown as 2016-11-01 (month only disclosed).
2016-09-30restructuringin_progress2016-07-282018-06-30GlobalService OrganizationUSD 40 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Service Alignment Initiative announced July 28, 2016. Total expected pre-tax charges $100M-$125M through fiscal 2018. Q1 2017 charges: $37.3M employee separation benefits, $2.6M other one-time costs. Employee count not disclosed.
2016-09-30acquisition_additioncompleted2016-09-30USD 20 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired one business for $20.0 million net of cash. Not material; pro forma impact not presented. Headcount not disclosed.
2016-09-30restructuringin_progressUSD 39,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-09-30restructuringin_progressEmployee Severance [Member]USD 37,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-09-30restructuringin_progressOther Restructuring [Member]USD 2,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringcompletedCompany-wideCompany-wideUSD 48 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Broad-based, company-wide workforce optimization effort; charges incurred in fiscal Q4 2016 (quarter ended June 30, 2016). Total fiscal 2016 severance charges in SG&A were $57.6 million, of which $48.2 million related to this effort. The pre-tax charge reduced earnings from continuing operations before income taxes by $48.2 million and net earnings by $31.8 million. Number of employees affected was not disclosed.
2016-06-30restructuringannounced2016-072018-06-30Client service operationsUSD 100 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Multi-year service alignment initiative announced July 2016 to align client service operations with the platform simplification strategy. Disclosed as anticipated pre-tax charges of $100 million to $125 million through the fiscal year ending June 30, 2018; the value shown is the low end of the disclosed range. No employee headcount impact is disclosed in this filing.
2016-06-30divestiture_reductioncompleted2015-09-01AdvancedMD (AMD) business; previously reported in Employer Services segmentdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Date shown is the completion date of the sale of the AMD business, which generated a pre-tax gain of $29.1 million recorded in Other income, net. The disposition did not qualify as a discontinued operation under ASU 2014-08. No employee headcount impact was disclosed.
2016-06-30restructuringin_progress2016-06-30GlobalCompany-wideUSD 48 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Broad-based, company-wide workforce optimization effort; $48 million severance charge incurred in the fourth quarter of fiscal 2016. Employees affected and completion timeline not disclosed; no restructuring footnote presented.
2016-06-30restructuringannounced2016-072018-06-30GlobalClient service operationssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year service alignment initiative announced July 2016 to align client service operations with platform simplification strategy; anticipated pre-tax charges of $100 million to $125 million through the year ended June 30, 2018. Headcount affected not disclosed.
2016-06-30divestiture_reductioncompleted2015-09-012015-09-01United StatesAdvancedMD (AMD) businessother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of AMD business completed September 1, 2015 with a pre-tax gain of $29.1 million; headcount removed through the disposition not disclosed.
2016-06-30restructuringcompleted2016-04-012016-06-30GlobalCompany-wideUSD 48 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Workforce optimization effort incurred in Q4 fiscal 2016. Charge represents severance costs. Employee count not disclosed.
2016-06-30restructuringannounced2016-07-012018-06-30GlobalClient Service OperationsUSD 113 (millions)subsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Service alignment initiative announced July 2016. Anticipated pre-tax charges of $100-$125 million through June 30, 2018. Employee count not disclosed.
2016-06-30restructuringcompleted2016-06-302016-06-30GlobalCompany-wideUSD 48 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Broad-based workforce optimization effort incurred in Q4 fiscal 2016. Employee count not disclosed.
2016-06-30restructuringannounced2016-07-012018-06-30GlobalClient Service Operationssubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Service alignment initiative announced July 2016. Anticipated pre-tax charges of $100M-$125M through FY2018. Employee count not disclosed.
2016-06-30restructuringin_progressUSD 48,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31divestiture_reductioncompleted2015-09-01United StatesOther segment (AdvancedMD business, previously Employer Services)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of the AdvancedMD business closed 2015-09-01 (fiscal Q1 2016, before this quarter's start); pre-tax gain of $29.1 million less costs to sell recorded in Other income, net. No employee count associated with the disposition is disclosed; not classified as a discontinued operation under ASU 2014-08.
2015-09-30divestiture_reductioncompleted2015-09-012015-09-01AdvancedMD (AMD) business — previously reported in Employer Services segment; historical results moved to Other segmentother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of AMD business completed 2015-09-01 for a pre-tax gain of $29.1 million less costs to sell; filing discloses no employee counts affected by the sale.
2015-06-30divestiture_reductioncompleted2014-09-30Dealer Services (former third reportable segment)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Tax-free spin-off of the entire Dealer Services segment into independent public company CDK Global completed 2014-09-30; affected employee count not disclosed. FY2015 net pension expense included $3.2M of curtailment and special termination benefit charges attributable to the spin-off; combined incremental spin-off/divestiture costs of $50.1M (CDK plus P2P) are reported in discontinued operations.
2015-06-30divestiture_reductioncompleted2015-06-26Procure-to-Pay business (formerly in Employer Services segment)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sale completed 2015-06-26, producing a pre-tax gain of $102.3M less costs to sell recorded in discontinued operations; affected headcount not disclosed.
2015-06-30divestiture_reductionannounced2015-08AdvancedMD business (Employer Services segment)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Sale agreement signed August 2015; closing expected in the first or second quarter of fiscal 2016 with an expected pre-tax gain of approximately $30M. Headcount impact not disclosed.
2015-06-30divestiture_reductioncompleted2014-09-302014-09-30GlobalDealer Servicesdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of Dealer Services into CDK Global, Inc.; approximately 160.6 million CDK shares distributed. Headcount associated with the spun-off business not disclosed.
2015-06-30divestiture_reductioncompleted2015-06-262015-06-26GlobalEmployer Services — Procure-to-Pay (P2P)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Procure-to-Pay business completed June 26, 2015 for a pre-tax gain of $102.3 million less costs to sell; headcount not disclosed.
2015-06-30acquisition_additioncompletedUSD 10 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
One business acquired during fiscal 2015 for approximately $10.1 million net of cash acquired; acquisition date and headcount added not disclosed. Charge value shown is purchase price, not a workforce charge.
2015-06-30divestiture_reductionannounced2015-08-01United StatesEmployer Services — AdvancedMDsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement signed in August 2015 (exact date not disclosed) to sell AdvancedMD; expected to close in fiscal 2016 Q1 or Q2 with an expected pre-tax gain of approximately $30 million. Headcount not disclosed.
2014-12-31divestiture_reductioncompleted2014-09-302014-09-30GlobalDealer Services (CDK Global)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of Dealer Services into CDK Global completed 2014-09-30; approximately 160.6 million CDK shares distributed. No employee headcount associated with the spin-off is disclosed in this filing.
2014-12-31divestiture_reductioncompleted2014-09-302014-09-30GlobalDealer Servicesdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Spin-off of Dealer Services business into CDK Global, Inc. completed on September 30, 2014. Employee count not disclosed.
2014-12-31divestiture_reductioncompleted2014-02-282014-02-28GlobalEmployer Servicesdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Occupational Health and Safety services business completed on February 28, 2014. Employee count not disclosed.
2014-09-30divestiture_reductioncompleted2014-09-242014-09-30GlobalDealer Services (separate reportable segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of Dealer Services into CDK Global, Inc. completed 2014-09-30; approximately 160.6 million CDK shares distributed (1 CDK share per 3 ADP shares). No employee headcount transferred disclosed. Incremental spin-off costs of $42.8 million (principally professional fees) recorded in discontinued operations; $42.8 million is a spin-off cost, not a severance charge.
2014-09-30othercompletedUnited StatesADP Indemnity / PEO ServicesUSD 168 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
ADP Indemnity paid a $167.9 million premium during the quarter to enter a reinsurance agreement with ACE American Insurance Company covering fiscal 2015 policy-year losses up to $1 million per occurrence for PEO Services worksite employees. Not an ADP workforce action; captured only because it is a material labor-risk arrangement disclosed in MD&A. No ADP employee impact quantified.
2014-09-30divestiture_reductioncompleted2014-09-302014-09-30GlobalDealer ServicesUSD 43 (millions)discontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Spin-off of Dealer Services business into CDK Global, Inc. Incremental costs of $42.8 million included in discontinued operations, principally professional fees. Employee count not disclosed.
2014-09-30divestiture_reductioncompleted2014-02-282014-02-28GlobalEmployer Servicesdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Occupational Health and Safety services business. Pre-tax gain of $15.6 million recorded. Employee count not disclosed.
2014-06-30divestiture_reductionin_progress2014-04-102014-10GlobalDealer ServicesUSD 15 (millions)other
f5-10k / GLM-5.3-flash-HTML
Board-approved tax-free spin-off of 100% of Dealer Services into an independent public company; $14.9M of fiscal 2014 incremental separation costs (principally professional services) with an additional $40M–$50M expected in fiscal 2015. Number of Dealer Services employees transferring not disclosed. Also described in Item 1 and MD&A.
2014-06-30divestiture_reductioncompleted2014-02-28Not disclosedEmployer Services — Occupational Health and Safety (OHS) businessdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sale of the OHS business completed 2014-02-28; results reclassified to discontinued operations for all periods; pre-tax gain of $15.6M (less costs to sell) recorded in discontinued operations. Headcount transferred not disclosed.
2014-06-30acquisition_additioncompletedNot disclosedNot disclosedbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Two businesses acquired during fiscal 2014 for approximately $28.5M net of cash acquired; purchase price allocations not finalized at year-end. Headcount added not disclosed; company stated these acquisitions were not material individually or in the aggregate.
2014-06-30divestiture_reductionannounced2014-04-102014-10United States and approximately 100 other countriesDealer ServicesUSD 15 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of 100% of Dealer Services announced April 10, 2014, expected complete by October 2014; $14.9M separation costs incurred in FY2014 with $40-50M expected in FY2015. Employees affected not disclosed.
2014-06-30divestiture_reductioncompleted2014-02-28United StatesEmployer Services — Occupational Health and Safety services businessdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of OHS business completed February 28, 2014 with a pre-tax gain of $15.6M less costs to sell; headcount removed not disclosed.
2014-06-30acquisition_additioncompletedUSD 29 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two businesses acquired during FY2014 for approximately $28.5M net of cash acquired; purchase price allocations not yet finalized and headcount added not disclosed. Charge value shown is purchase price, not a workforce charge.
2013-09-30acquisition_additioncompletedUSD 13 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One business acquired during the quarter for approximately $12.5 million net of cash acquired; purchase price disclosed but no headcount added was disclosed. Acquisition date not stated in the filing.
2013-06-30acquisition_additioncompletedbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two businesses acquired during fiscal 2013 for approximately $40.4 million net of cash acquired; acquisition dates and headcount added not disclosed.
2013-06-30divestiture_reductioncompleted2012-12-17Employer Services (Taxware Enterprise Service)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Taxware Enterprise Service completed December 17, 2012; headcount removed through the disposition not disclosed.
2012-09-30otherin_progress2011-06-01IllinoisCorporateother
f5-10q / Qwen3.6-27B-Q8_0
EEOC Commissioner's Charge alleging violation of Title VII regarding recruitment, hiring, transfer, and promotion based on race. Company is cooperating with investigation.
2012-06-30restructuringcompletedInternational (Europe cited as context)Certain international businessesUSD 51 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Cost reduction initiatives to realize synergies in certain international businesses amid a softer European economic environment; number of employees affected not disclosed. The $51.2 million severance expense was recognized in fiscal 2012 SG&A.
2012-06-30acquisition_additioncompletedPrimarily Employer ServicesUSD 301 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Seven businesses acquired during fiscal 2012 (including RightThing, W. Ray Wallace & Associates, Asparity Decision Solutions, SHPS Human Resource Solutions, PhyLogic Healthcare, and Ma Foi Consulting Solutions). Aggregate purchase price ~$301.0 million net of cash acquired; employee headcount added through the acquisitions was not disclosed.
2012-06-30restructuringcompletedInternational (primarily Europe)International businessesUSD 51 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance expense from cost-reduction initiatives to realize synergies in certain international businesses amid softer European economic conditions; no employee count or announcement date disclosed
2012-06-30acquisition_additioncompletedUnited States, IndiaEmployer ServicesUSD 301 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Seven businesses acquired in fiscal 2012 for aggregate purchase price of approximately $301.0 million net of cash acquired (includes RightThing, W. Ray Wallace, Asparity, SHPS, PhyLogic, Ma Foi and one other); headcount added through acquisitions not disclosed; charge shown is purchase price, not a severance/restructuring charge
2012-06-30restructuringcompletedInternationalInternational businessesUSD 51 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Severance expenses of $51.2 million resulting from cost reduction initiatives focused on the realization of synergies in certain international businesses.
2012-06-30restructuringcompletedInternationalInternational businessesUSD 51 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance expenses of $51.2 million resulting from cost reduction initiatives focused on realization of synergies in certain international businesses.
2012-03-31restructuringin_progressInternational (certain international businesses)International operationsUSD 24 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance expense for cost reduction initiatives aimed at realizing synergies in certain international businesses amid softer European economic conditions; $22.5M recognized in the three months ended March 31, 2012 and $23.5M year to date. No employee count, announcement date, or completion date disclosed.
2012-03-31acquisition_additioncompletedUSD 235 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six businesses acquired during the nine months ended March 31, 2012 for approximately $235.4 million, net of cash acquired. Headcount added through these acquisitions is not disclosed.
2012-03-31acquisition_additionannouncedUSD 66 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Business acquired after March 31, 2012 for approximately $65.6 million; purchase price allocation still under evaluation. Headcount added is not disclosed.
2012-03-31restructuringin_progressInternationalGeneral and AdministrativeUSD 23 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance expenses related to cost reduction initiatives focused on realization of synergies in certain international businesses.
2012-03-31acquisition_additioncompletedUSD 235 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired six businesses for approximately $235.4 million, net of cash acquired. Headcount not disclosed.
2011-12-31acquisition_additioncompletedUSD 233 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Five businesses acquired during the six months ended December 31, 2011 for approximately $233.0 million net of cash acquired; headcount added not disclosed. Purchase price allocation not yet finalized; contingent consideration may be payable over two years.
2011-12-31acquisition_additioncompletedUSD 233 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Company acquired five businesses during the six months ended December 31, 2011 for approximately $233.0 million, net of cash acquired. Specific headcount added not disclosed.
2011-09-30acquisition_additioncompletedUSD 3 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One business acquired during the quarter for about $2.6M including a seller holdback; no headcount added disclosed
2011-09-30acquisition_additionannouncedUSD 125 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two businesses acquired after September 30, 2011 for about $124.5M; opening balance sheets still under evaluation, no headcount disclosed
2011-09-30acquisition_additioncompleted2011-09-30USD 3 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired one business for approx. $2.6 million. Headcount not disclosed.
2011-09-30acquisition_additionannounced2011-10-01USD 125 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired two businesses for approx. $124.5 million subsequent to quarter end. Headcount not disclosed.
2011-06-30acquisition_additioncompleted2010-08-162010-08-16United StatesDealer ServicesUSD 405 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Cobalt, a digital marketing solutions provider for the auto industry, for approximately $405.4 million net of cash acquired; acquired headcount not disclosed.
2011-06-30acquisition_additioncompleted2011-06-30United States; ItalyEmployer Services; Dealer ServicesUSD 371 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eight businesses acquired during fiscal 2011 for approximately $370.6 million net of cash acquired, including MasterTax, AdvancedMD and Byte Software House S.p.A.; individual and aggregate acquired headcount not disclosed.
2011-03-31acquisition_additioncompleted2010-08-16United StatesDealer ServicesUSD 405 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Cobalt for ~$405.4M cash net of cash acquired; headcount added not disclosed.
2011-03-31acquisition_additioncompletedVariousVariousUSD 369 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Seven additional businesses acquired during nine months ended March 31, 2011 for ~$369.3M net of cash acquired; headcount added not disclosed.
2011-03-31divestiture_reductioncompleted2010-03-242010-03-24United StatesDealer Servicesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of non-core Commercial Systems business completed March 24, 2010 for ~$21.6M cash; headcount removed not disclosed. Prior-period event.
2010-12-31acquisition_additioncompleted2010-08-162010-08-16United StatesDealer ServicesUSD 405 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition price net of cash acquired; no headcount disclosed. Cobalt is a digital marketing solutions provider for the automotive industry.
2010-12-31acquisition_additioncompletedUSD 184 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Five businesses acquired during the six months ended 2010-12-31 for approximately $183.8M net of cash acquired; no individual dates or headcount disclosed.
2010-09-30acquisition_additioncompleted2010-08-162010-08-16United StatesDealer Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Cobalt for approximately $402.5 million cash, net of cash acquired; no employee headcount disclosed.
2010-09-30acquisition_additioncompleted2010-09-30business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two additional businesses acquired during the quarter for approximately $72.8 million, net of cash acquired; no headcount or announcement date disclosed.
2010-09-30acquisition_additionannouncedsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
After September 30, 2010, three businesses acquired for approximately $125 million; no headcount disclosed and not expected to be material to operations, financial position or cash flows.
2010-06-30acquisition_additioncompletedEmployer ServicesUSD 101 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five businesses acquired during fiscal 2010 for approximately $101.0 million net of cash acquired; includes DO2 Technologies, OneClick HR plc and HRinterax. Headcount added not disclosed; amount is purchase price, not a workforce charge.
2010-06-30divestiture_reductioncompleted2010-03-24Dealer ServicesUSD 22 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of the non-core Commercial Systems business completed March 24, 2010 for approximately $21.6 million cash; results reclassified to discontinued operations. Headcount removed not disclosed; amount is sale proceeds.
2010-06-30acquisition_additioncompleted2010-082010-08Dealer Services; Employer ServicesUSD 500 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
After June 30, 2010 and before filing, three businesses acquired for approximately $500 million, including Cobalt (about $400 million, Dealer Services digital marketing) and Workscape (benefits and compensation solutions). Headcount added not disclosed; amount is purchase price.
2010-03-31restructuringcompletedUSD 18 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Decrease in severance expenses of $17.8 million for the three months ended March 31, 2010, compared to the prior year period. No specific employee count disclosed.
2010-03-31restructuringcompletedUSD 41 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Decrease in severance expenses of $40.6 million for the nine months ended March 31, 2010, compared to the prior year period. No specific employee count disclosed.
2010-03-31restructuringcompletedEmployer ServicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Cost savings initiatives included headcount reductions at the end of fiscal 2009. No specific count or charge disclosed for this quarter.
2010-03-31restructuringcompletedDealer ServicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Cost saving initiatives included headcount reductions at the end of fiscal 2009. No specific count or charge disclosed for this quarter.
2009-12-31acquisition_additioncompletedUSD 5 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
One business acquired during the six months ended December 31, 2009 for approximately $4.5 million; no headcount added disclosed. Purchase price includes $1.5 million in accrued contingent payments.
2009-12-31acquisition_additionannounced2010-01USD 73 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two businesses acquired in January 2010 for approximately $73 million; no headcount added disclosed. Filer states the acquisitions were not material to results, financial position or cash flows.
2009-12-31restructuringcompleted2009-12-31USD 27 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charge recorded during the three months ended December 31, 2008, referenced in current period comparison. No specific employee count disclosed.
2009-12-31acquisition_additioncompleted2009-12-31USD 5 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired one business for approx $4.5 million during the six months ended Dec 31, 2009. Headcount not disclosed.
2009-12-31acquisition_additioncompleted2010-01-31USD 73 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquired two businesses for approx $73 million in January 2010. Headcount not disclosed.
2009-09-30restructuringin_progressNot specifiedEmployer Services, Dealer Services, and corporate (cost saving initiatives across selling and administrative functions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites cost saving initiatives including headcount reductions and reduced travel/entertainment as drivers of lower selling, general and administrative expenses; no employee counts, dates, or severance charges disclosed. Related context: a $6.8 million asset impairment charge in Dealer Services tied to GM's Saturn shutdown announcement, and an expected decline of about 1,800 GM/Chrysler dealerships over 12-18 months affecting Dealer Services revenue by roughly $50 million annually (client dealerships, not ADP workforce).
2009-09-30restructuringcompletedCorporate / GeneralMD&A
f5-10q / Qwen3.6-27B-Q8_0
Cost saving initiatives included headcount reductions and a reduction in travel and entertainment expenses, resulting in lower selling expenses of $20.5 million in Employer Services and $13.9 million in Dealer Services.
2009-09-30otherannounced2009-09-30United StatesDealer ServicesUSD 7 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
GM announced it will shut down its Saturn division. ADP recorded an asset impairment charge of $6.8 million. ADP expects GM and Chrysler dealership count to decline by about 1,800 over the next 12 to 18 months.
2009-06-30restructuringcompletedConsolidated; headcount reductions cited in Employer Services and Dealer Services segmentsUSD 68 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Restructuring charges, primarily severance-related, increased $67.6 million in fiscal 2009 within SG&A. Cost-saving initiatives that commenced in fiscal 2008 and continued in fiscal 2009 included headcount reductions in Employer Services and Dealer Services and a $32.3 million reduction in payroll and payroll-related expenses. The $67.6 million is the disclosed year-over-year increase in charges, not an absolute total charge; no employee counts were disclosed.
2009-06-30acquisition_additioncompletedbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Four businesses acquired during fiscal 2009 for approximately $62.7 million (net of cash acquired, including $6.4 million of accrued contingent payments), generating ~$60.3 million of goodwill; the number of employees added through these acquisitions was not disclosed.
2009-06-30restructuringin_progressNot specifiedConsolidatedUSD 68 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
MD&A reports a year-over-year increase in restructuring charges, primarily severance, of $67.6M within SG&A; no employee counts, program name, or dates disclosed. Related cost-saving initiatives (headcount reductions, reduced travel/entertainment) began in fiscal 2008 and continued into fiscal 2009.
2009-06-30acquisition_additioncompletedNot specifiedNot specifiedbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four businesses acquired during fiscal 2009 for approximately $62.7 million (net of cash acquired, including $6.4M accrued contingent payments), generating $60.3M goodwill; acquired headcount not disclosed.
2009-06-30restructuringcompletedGlobalAll segmentsUSD 68 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Increase in restructuring charges, primarily related to severance, of $67.6 million. Includes headcount reductions and curtailment of non-essential travel.
2009-06-30restructuringcompletedGlobalVariousUSD 68 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Increase in restructuring charges, primarily related to severance, of $67.6 million. Also mentions headcount reductions and curtailment of non-essential travel.
2009-03-31restructuringin_progressUSD 29 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Disclosed only as a year-over-year increase in restructuring charges for the nine months ended March 31, 2009; no employee count, announcement date, geography, or completion timeline provided. No separate restructuring footnote appears in this filing.
2009-03-31restructuringin_progressUSD 29 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Increase in restructuring charges, primarily related to severance, of $28.9 million for the nine months ended March 31, 2009.
2008-12-31restructuringin_progressUSD 27 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites a $27.0M year-over-year increase in restructuring charges, primarily severance, in SG&A for both the three and six months ended Dec 31, 2008; no employee count, program name, or timing disclosed. No restructuring footnote in this filing.
2008-12-31restructuringin_progressSelling, general and administrativeUSD 27 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Increase in restructuring charges, primarily related to severance, of $27.0 million for the three and six months ended December 31, 2008.
2008-06-30divestiture_reductioncompleted2007-06-30Other segment (Travel Clearing business)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Definitive agreement dated June 30, 2007 to sell the Travel Clearing business for approximately $116.0 million in cash; sale completed July 6, 2007, in the first week of fiscal 2008. Business previously reported in the Other segment and reclassified to discontinued operations. Headcount transferred or removed with the business not disclosed. Fiscal 2008 related gain of $95.8 million ($62.2 million after tax) recorded in discontinued operations, including a $7.2 million purchase-price adjustment gain.
2008-06-30acquisition_additioncompletedUSD 46 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Four businesses acquired during fiscal 2008 for approximately $45.9 million net of cash acquired (figure is aggregate purchase consideration, not a workforce charge). Acquisitions generated approximately $37.7 million of goodwill and approximately $11.6 million of intangible assets. Headcount added not disclosed. MD&A attributes fiscal 2008 acquisition-related expense increases to both Employer Services (~$42.2 million) and Dealer Services (~$37.0 million) segments.
2008-06-30divestiture_reductioncompleted2007-06-302007-07-06Other segment — Travel Clearing businessdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive sale agreement entered 2007-06-30; sale completed 2007-07-06 for approximately $116.0 million cash, within fiscal 2008. No headcount associated with the divested business was disclosed.
2008-06-30acquisition_additioncompletedUSD 46 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four businesses acquired during fiscal 2008 for approximately $45.9 million net of cash acquired; purchase price, not a charge. No headcount added through these acquisitions was disclosed.
2008-06-30restructuringcompletedUSD 22 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Filing discloses an increase in restructuring charges of $21.5 million in fiscal 2007 (comparative period), primarily related to severance. No specific employee count or restructuring charges are disclosed for the current fiscal year 2008 in the MD&A or footnotes.
2007-12-31divestiture_reductioncompleted2007-06-302007-07-06Not disclosedOther segment (Travel Clearing business)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Travel Clearing business for approximately $116.0 million; no employee counts disclosed. A $7.2 million final purchase price adjustment was received in January 2008.
2007-12-31acquisition_additioncompletedNot disclosedDealer Services and other segmentsUSD 41 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Three businesses acquired during the six months ended 2007-12-31 for approximately $40.5 million net of cash acquired; purchase price shown, no headcount added disclosed.
2007-09-30divestiture_reductioncompleted2007-06-302007-07-06Other segment — Travel Clearing businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell Travel Clearing for approximately $116.0 million in cash; sale completed July 6, 2007. No headcount associated with the divested business is disclosed.
2007-09-30acquisition_additioncompletedDealer Services segmentUSD 40 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Three businesses acquired during the quarter for approximately $39.6 million net of cash acquired, resulting in approximately $19.9 million of goodwill. Purchase price shown, not a severance charge; no acquired headcount disclosed.
2007-06-30restructuringcompletedCompany-wide (consolidated)USD 22 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Restructuring charges increased $21.5 million versus fiscal 2006, primarily related to severance; charges recorded within fiscal 2007; no employee count disclosed.
2007-06-30divestiture_reductioncompleted2007-03-202007-03-30Former Brokerage Services Group (Brokerage Services; Securities Clearing and Outsourcing Services)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Tax-free spin-off into Broadridge Financial Solutions completed March 30, 2007; ~138.8 million Broadridge shares distributed; Separation and Distribution Agreement dated March 20, 2007; transferred-employee headcount not disclosed.
2007-06-30divestiture_reductioncompleted2007-01-23Dealer Services — sales and marketing training businessdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sandy Corporation sold for ~$4.0 million cash plus assumption of certain liabilities and an earn-out; $11.2 million pre-tax gain recorded in discontinued operations; headcount not disclosed.
2007-06-30divestiture_reductioncompleted2007-06-302007-07-06Other segment — Travel Clearing businesssubsequent_events
f5-10k / GLM-5.3-flash-HTML
Definitive sale agreement June 30, 2007 for ~$116 million cash; sale completed July 6, 2007 after fiscal year-end; expected after-tax gain of ~$55–65 million in fiscal 2008; headcount not disclosed.
2007-06-30acquisition_additioncompletedMultiple segments — eleven businesses acquired in fiscal 2007 (incl. Employease, VirtualEdge, Intuit outsourced payroll business, Mintax tax incentives business, Taxware)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Eleven businesses acquired in fiscal 2007 for ~$434.4 million net of cash acquired, generating ~$327.2 million of goodwill; acquired-employee headcount not disclosed.
2007-06-30restructuringin_progressConsolidatedUSD 22 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2007 increase in restructuring charges versus FY2006, primarily severance; no employee count or completion date disclosed
2007-06-30acquisition_additioncompletedEmployer Services; Dealer ServicesUSD 434 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eleven businesses acquired in FY2007 for approximately $434.4 million net of cash acquired; headcount added not disclosed
2007-06-30divestiture_reductioncompleted2007-03-302007-03-30Brokerage Services Group (Brokerage Services; Securities Clearing and Outsourcing Services)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off into Broadridge Financial Solutions, Inc.; headcount removed not disclosed
2007-06-30divestiture_reductioncompleted2007-01-232007-01-23Dealer Services — Sandy Corporation (sales and marketing training)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold for approximately $4.0 million cash plus contingent earn-out; headcount removed not disclosed
2007-06-30divestiture_reductioncompleted2007-06-302007-07-06Other — Travel Clearing businesssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive sale agreement signed at fiscal year-end, completed July 6, 2007 for approximately $116 million cash; headcount removed not disclosed
2007-06-30restructuringcompletedGlobalVariousUSD 22 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Increase in restructuring charges of $21.5 million, primarily related to severance.
2007-06-30divestiture_reductioncompleted2007-03-302007-03-30GlobalBrokerage Services GroupItem 1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Tax-free spin-off of Brokerage Services Group into Broadridge Financial Solutions, Inc. on March 30, 2007.
2007-06-30divestiture_reductioncompleted2007-07-062007-07-06United StatesTravel ClearingItem 1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of Travel Clearing business completed July 6, 2007 for approximately $116 million in cash.
2007-06-30acquisition_additioncompletedGlobalVariousItem 1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Employease, Inc., VirtualEdge Corporation, Intuit payroll business, Mintax tax incentives business, and Taxware, LP in fiscal 2007.
2007-06-30restructuringcompletedUSD 22 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Increase in restructuring charges of $21.5 million, which primarily related to severance.
2007-06-30divestiture_reductioncompleted2007-03-302007-03-30Brokerage Services GroupItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Spin-off of Brokerage Services Group into Broadridge Financial Solutions, Inc. on March 30, 2007.
2007-06-30divestiture_reductioncompleted2007-07-062007-07-06Travel ClearingItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Sale of Travel Clearing business completed on July 6, 2007.
2007-06-30divestiture_reductioncompleted2007-01-232007-01-23Dealer ServicesItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Sale of Sandy Corporation, a business within Dealer Services, completed on January 23, 2007.
2007-03-31divestiture_reductioncompleted2007-03-30United StatesBrokerage Services Group (Brokerage Services; Securities Clearing and Outsourcing Services)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of Brokerage Services Group into Broadridge Financial Solutions, Inc. completed March 30, 2007; approximately 138.8 million Broadridge shares distributed (1 Broadridge share per 4 ADP shares). No employee count disclosed. Spin-off incremental costs of $35.5M for the nine months ended March 31, 2007 are included in discontinued operations.
2007-03-31divestiture_reductioncompleted2007-01-23United StatesDealer Services — Sandy Corporation (sales and marketing training)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Sandy Corporation completed January 23, 2007 for approximately $4.0 million in cash plus contingent earn-out; reported gain of $11.2M ($6.9M after tax). No employee count disclosed.
2007-03-31acquisition_additioncompletedMultiple (nine businesses acquired)USD 432 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Nine businesses acquired during the nine months ended March 31, 2007 for approximately $432.1 million net of cash acquired; resulted in approximately $304.5M goodwill and $154.5M intangibles. No headcount added disclosed; acquisitions described as not material individually or in the aggregate.
2007-03-31divestiture_reductioncompleted2007-03-302007-03-30GlobalBrokerage Services Groupdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed tax-free spin-off of Brokerage Services Group into Broadridge Financial Solutions. Employee counts not disclosed.
2007-03-31divestiture_reductioncompleted2007-01-232007-01-23GlobalDealer Servicesdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed sale of Sandy Corporation. Employee counts not disclosed.
2007-03-31acquisition_additioncompletedGlobalVariousUSD 432 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired 100% interest in nine businesses for approx $432.1 million. Employee counts not disclosed.
2006-12-31acquisition_additioncompletedEmployer ServicesUSD 368 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four businesses acquired in the six months ended 2006-12-31 for about $368.3M net of cash acquired; no headcount added disclosed. Charge shown is purchase price, not a workforce charge.
2006-12-31divestiture_reductioncompleted2006-10-012007-01-23Dealer Services — Sandy divisionother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell the Sandy division (sales and marketing training) for about $5.2M cash plus earn-out; sale completed 2007-01-23. Announcement date not specified beyond 'during the three months ended 2006-12-31'; no headcount disclosed.
2006-12-31divestiture_reductionannounced2006-08-02Brokerage Services Group (Brokerage Services; Securities Clearing and Outsourcing Services)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of 100% of Brokerage Services Group into Broadridge Financial Solutions, Inc.; pending IRS ruling and regulatory approvals. No headcount disclosed; incremental spin-off costs of $45-55M expected, of which $10.6M recorded in the six months ended 2006-12-31 as separation costs.
2006-12-31restructuringin_progress2006-08-02Brokerage Services GroupUSD 11 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Incremental costs associated with the spin-off of the Brokerage Services Group into Broadridge Financial Solutions. Total expected costs $45-55 million. $10.6 million incurred YTD, principally professional services.
2006-12-31divestiture_reductioncompleted2006-01-232006-01-23Dealer Servicesrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Sandy division completed January 23, 2007 (subsequent event). Agreement entered during Q1. Results classified as discontinued operations.
2006-09-30restructuringcompletedUSD 9 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately $9 million of restructuring expenses incurred during the quarter for certain facility exit costs and associate severance costs; no employee count or completion date disclosed.
2006-09-30divestiture_reductionannounced2006-08-022007-06-30Brokerage Services Group (Brokerage Services and Securities Clearing and Outsourcing Services)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Board approved tax-free spin-off of 100% of Brokerage Services Group; expected completion before end of fiscal 2007 with estimated spin-related expenses of $45-55 million in fiscal 2007. No headcount impact disclosed.
2006-09-30restructuringcompletedUSD 9 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Incurred approximately $9 million of restructuring expenses associated with certain facility exit costs and associate severance costs during the quarter. Employee count not disclosed.
2006-06-30acquisition_additioncompletedbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Five businesses acquired in fiscal 2006 for approximately $351.4 million net of cash, including Kerridge Computer Company Ltd (December 2005) and BZ Results. Headcount added through acquisitions not disclosed.
2006-06-30divestiture_reductioncompleted2006-02-082006-04-13Claims Services (previously reported in Other segment)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Business sold to Solera, Inc. for $975.0 million in cash (definitive agreement dated February 8, 2006); gain of $561 million pre-tax, $453 million after tax. Affected employee count not disclosed; completion date per expected_completion_date field.
2006-06-30divestiture_reductioncompleted2006-01-20Brokerage Services — financial print businessdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Sold for $7.5 million in cash; $18.6 million asset impairment recorded in connection with planned disposal. Affected employee count not disclosed; completion date per expected_completion_date field.
2006-06-30restructuringcompletedDealer ServicesUSD 6 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Severance expense for certain ADP associates incurred as part of integration expenses following the Kerridge acquisition (December 2005). Number of associates affected not disclosed.
2006-06-30divestiture_reductionannounced2006-08-022007-06-30Brokerage Services Group (Brokerage Services and Securities Clearing and Outsourcing Services)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Plan for tax-free spin-off of 100% of Brokerage Services Group to ADP shareholders, subject to regulatory approvals; company expects completion before end of fiscal 2007. Headcount impact not disclosed.
2006-06-30divestiture_reductioncompleted2006-02-082006-04-13United StatesOther (Claims Services)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Claims Services business to Solera, Inc. for $975.0 million cash; completed April 13, 2006. Headcount removed through the disposition is not disclosed.
2006-06-30divestiture_reductioncompleted2006-01-202006-01-20United StatesBrokerage Services (financial print business)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Brokerage Services' financial print business for $7.5 million cash; an $18.6 million impairment charge was recorded on the related assets. Headcount removed is not disclosed.
2006-06-30acquisition_additioncompleted2005-12-012006-06-30Europe, Middle East, South Africa, AsiaDealer ServicesUSD 351 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five businesses acquired in fiscal 2006 for approximately $351.4 million net of cash acquired, generating approximately $362.5 million of goodwill. Named acquisitions include Kerridge Computer Company Ltd (December 2005) and BZ Results. Employee headcount added is not disclosed; the nearly 6,000 automotive dealers cited for Kerridge are clients, not employees. Charge shown is total purchase consideration, not a workforce charge.
2006-06-30divestiture_reductionannounced2006-08-022007-06-30United StatesBrokerage Services Group (Brokerage Services and Securities Clearing and Outsourcing Services)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Board approved a tax-free spin-off of 100% of the Brokerage Services Group to ADP shareholders, announced August 2, 2006 (after fiscal year-end, before filing). Subject to regulatory approvals; expected to complete before the end of fiscal 2007. Associated workforce impact is not quantified.
2006-06-30restructuringcompletedGlobalDealer ServicesUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Severance expenses relating to certain ADP associates associated with the integration of Kerridge Computer Company Ltd acquisition.
2006-06-30restructuringcompletedUnited StatesDealer ServicesUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Integration expenses associated with the acquisition of Kerridge Computer Company Ltd, including $5.6 million of severance expenses relating to certain ADP associates.
2006-03-31restructuringcompleted2005-12-012006-03-31United KingdomDealer ServicesUSD 6 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Integration expenses associated with the acquisition of Kerridge Computer Company Ltd, including a $5.6 million charge related to the severance of associates. Employee count not disclosed.
2005-12-31acquisition_additioncompletedDealer Services (includes Kerridge Computer Company Ltd in the United Kingdom)USD 288 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Three businesses acquired during the six months ended December 31, 2005 for approximately $287.5 million net of cash acquired; no headcount added disclosed. MD&A separately notes the December 2005 Kerridge acquisition contributed about 6% of Dealer Services quarterly revenue growth.
2005-12-31divestiture_reductioncompleted2005-12-312006-01-20Brokerage Services — financial print businessUSD 19 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan to dispose of the financial print business finalized during the quarter; $19.0 million impairment charge recorded and business sold January 20, 2006. No employee count associated with the divestiture disclosed.
2005-06-30acquisition_additioncompleted2004-11-012004-11-01United StatesSecurities Clearing and Outsourcing Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired U.S. Clearing and BrokerDealer Services divisions of Bank of America; new reportable segment formed. Headcount added not disclosed; segment represented 1% of revenues and 5% of total assets at June 30, 2005
2005-06-30acquisition_additioncompletedNorth America and EuropeDealer Services; Employer Services; Claims Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five additional fiscal 2005 acquisitions (six businesses in total, approximately $422.7 million net of cash acquired), including Tesoft Automocion S.A. (~1,500 dealer clients), AutoFuse, Inc., and a majority interest in Audatex Espana, S.A. Headcount added not disclosed
2005-06-30divestiture_reductioncompletedbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two businesses divested during fiscal 2005 for $17.2 million; headcount removed not disclosed
2004-12-31acquisition_additioncompleted2004-11-01United StatesSecurities Clearing and Outsourcing Servicesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired U.S. Clearing and BrokerDealer Services divisions of Bank of America; no headcount added disclosed. Purchase price approx. $320 million net of cash; new reportable segment established as of 2004-11-01.
2004-09-30acquisition_additionannounced2004-06-222004-11-01United StatesBrokerage ServicesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement announced June 22, 2004 to acquire Bank of America's U.S. Clearing and BrokerDealer Services divisions; closed November 1, 2004 (after quarter end). No headcount transferred disclosed.
2004-06-30restructuringcompletedUSD 30 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Severance and facility exit costs incurred in fiscal 2004 as part of roughly $170 million of incremental spending to scale back or exit lower-growth areas; no affected-employee count disclosed. Filing indicates similar incremental spending expected to continue at about $180 million annually.
2004-06-30restructuringcompletedUnited StatesMultipleUSD 30 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Part of $170M incremental investments in FY2004; includes $30M severance and facility exit costs. No employee count disclosed.
2004-06-30acquisition_additioncompletedUnited StatesEmployer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired substantially all assets of ClinNet Solutions, LLC (occupational health services); no headcount disclosed
2004-06-30acquisition_additioncompletedNorth AmericaDealer ServicesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired ProQuest Business Solutions' DMS business (powersports market entry); no headcount disclosed
2004-06-30acquisition_additioncompletedNorth AmericaDealer ServicesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired EDS's Automotive Retail Group serving nearly 1,000 automotive retailers; no employee headcount disclosed
2004-06-30acquisition_additioncompletedNetherlandsClaims ServicesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired ABZ Group B.V., a Web-based insurance distribution services provider; no headcount disclosed
2004-06-30acquisition_additionannounced2004-06-222004-12-31United StatesBrokerage ServicesItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire U.S. Clearing and BrokerDealer Services divisions of Bank of America; expected to close before end of calendar 2004; no headcount disclosed
2004-06-30restructuringcompletedGlobalVariousUSD 30 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fiscal 2004 incremental investments included $30 million of severance and facility exit costs.
2004-06-30restructuringcompletedGlobalVariousUSD 30 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Fiscal 2004 incremental investments included $30 million of severance and facility exit costs to scale back or exit lower growth areas.
2003-06-30restructuringin_progress2003-03United Kingdom (small payroll business exit); location of medical claims business exit not specifiedClaims Services (exit of medical claims business); separate small UK payroll business serving primarily government agenciesUSD 60 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Cost-reduction program for underperforming or non-strategic businesses; primarily severance costs. Most of the approximately $60 million charge was recognized in Q4 FY2003 and included in selling, general and administrative expenses. Headcount affected and completion timeline not disclosed.
2003-06-30acquisition_additioncompleted2003-06-20United StatesEmployer Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of ProBusiness Services, Inc. completed June 20, 2003 (disclosed date is the acquisition completion date) for approximately $517 million net of cash acquired; $351 million paid by fiscal year-end, $166 million payable as former shareholders tender. Headcount added not disclosed; ProBusiness expected to generate approximately $150 million of revenue in fiscal 2004.
2003-06-30acquisition_additioncompleted2003business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Ten additional businesses acquired during fiscal 2003 for approximately $118 million net of cash acquired, generating approximately $90 million of goodwill; individual acquisition dates and headcount not disclosed. Item 1 separately references other fiscal-2003 acquisitions (Scudder Investments retirement services recordkeeping operations, the SMS companies, and Vantra Group, Power Securities Systems and Dataphile Software in Brokerage Services) without headcount figures.
2003-06-30restructuringin_progress2003-03United States; United KingdomClaims Services (medical claims); Employer Services (small UK government-agency payroll business); other slow-growth and non-strategic businessesUSD 60 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately $60 million of incremental restructuring charges, mostly recognized in the fourth quarter of fiscal 2003; primarily severance costs. No employee count disclosed. Announced March 2003 (day not specified).
2003-06-30acquisition_additioncompleted2003-06-202003-06-20United StatesEmployer Services — National Accounts ServicesUSD 517 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding common and preferred stock of ProBusiness Services, Inc. for approximately $517 million net of cash acquired; $351 million paid by June 30, 2003, remaining $166 million payable as former shareholders tender shares. Headcount added not disclosed; expected to generate approximately $150 million of revenue in fiscal 2004.
2003-06-30acquisition_additioncompletedUnited States; Canada; EuropeMultiple segments (Employer Services, Brokerage Services, Dealer Services, Other)USD 118 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ten additional businesses acquired during fiscal 2003 for approximately $118 million net of cash acquired, resulting in approximately $90 million of goodwill. Individual transaction dates and headcount additions not disclosed; consolidated record covering the ten acquisitions.
2003-06-30acquisition_additioncompletedUnited StatesEmployer Services — retirement services recordkeepingItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the retirement services recordkeeping operations of Scudder Investments, making ADP the 4th largest retirement plan recordkeeper in the U.S. by number of plans. Purchase price and headcount not disclosed.
2003-06-30restructuringin_progress2003-03-01United States; United KingdomClaims Services; Employer ServicesUSD 60 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
In March 2003, ADP announced plans to reduce costs in underperforming or non-strategic businesses. Approximately $60 million of incremental restructuring charges were recorded, primarily severance costs, including exiting the medical claims business within Claims Services and a small payroll business servicing government agencies in the UK.
2003-06-30acquisition_additioncompleted2003-06-20United StatesEmployer ServicesUSD 517 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
On June 20, 2003, ADP acquired ProBusiness Services, Inc. for approximately $517 million in cash. Headcount added is not explicitly disclosed.
2003-06-30acquisition_additioncompletedGlobalVariousUSD 118 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
ADP acquired ten other businesses during fiscal 2003 for approximately $118 million, net of cash acquired. Headcount added is not explicitly disclosed.
2003-06-30restructuringcompleted2003-032003-06-30United States; United KingdomClaims Services; Employer ServicesUSD 60 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Approximately $60 million of incremental restructuring charges relating to exiting of certain businesses and cost reduction efforts, primarily severance costs including charges to exit medical claims business and a small payroll business in the UK.
2003-03-31restructuringin_progressUSD 10 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately $10 million of restructuring charges in the quarter, primarily severance-related; no employee count, geography, or completion date disclosed.
2003-03-31acquisition_additionannounced2003-01-05United Statesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire ProBusiness Services, Inc. at $17.00 per share, valued at approximately $500 million; pending shareholder approval and DOJ antitrust review (second request issued 2003-02-14). No headcount added disclosed.
2003-03-31restructuringcompletedUSD 10 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges of approximately $10 million in the quarter primarily relating to severance activity.
1999-06-30acquisition_additioncompleted1999-03United StatesEmployer Servicesbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of The Vincam Group, a professional employer organization, completed March 1999 via pooling of interests with 7.2 million shares issued; largest of 12 fiscal 1999 acquisitions (combined revenues about $245 million per the shareholder letter). No ADP employee headcount added was disclosed; the resulting TotalSource PEO unit supports over 81,000 work-site employees of client companies, who are not ADP personnel.
1999-06-30divestiture_reductioncompletedbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Fiscal 1999 dispositions of businesses with approximately $270 million of annual revenues, including Peachtree Software and the Brokerage Services front-office 'market data' business (about $150 million of revenues), plus decided exits from several other businesses and contracts. Transactions produced a net pretax gain of approximately $37 million and $90 million of convertible preferred stock was received. No employee headcount affected was disclosed.
1999-03-31acquisition_additioncompleted1999-03-31Professional Employer Organization (PEO)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
March 1999 pooling of interests for The Vincam Group, a PEO; prior periods restated. No headcount added disclosed. Note G discloses approximately $21 million of Vincam transaction costs and non-recurring adjustments recorded in the quarter ended December 31, 1998 (prior quarter).
1999-03-31divestiture_reductioncompleted1999-03-31Peachtree Software business; several other businesses and contractsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
In the quarter ended March 31, 1999 the company sold Peachtree Software and decided to exit several other businesses and contracts; combined with other non-recurring items this produced approximately $15 million of pretax income and a $15 million tax provision. No employee counts disclosed.
1998-12-31divestiture_reductioncompletedBrokerage Services — front-office market data businessother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sold to Bridge Information Systems in November 1998; pretax gain $22M, tax provision $25M, net loss $3M. No employee count disclosed; Brokerage Services revenue fell 5% in the quarter as a result.
1998-12-31acquisition_additionannounced1998-12-311999-03-31Employer Services — Professional Employer Organization (The Vincam Group)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pooling of interests, ~7.4 million ADP shares; Vincam net revenues ~$125M. Agreement entered December 1998, subject to shareholder and regulatory approvals. No headcount disclosed.
1998-12-31divestiture_reductionannounced1999-02-281999-03-31Peachtree Software businessUSD 145 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Subsequent event disclosed in February 1999 for $145 million, subject to regulatory approvals. Announcement date approximated to the month disclosed; no employee count given.
1998-12-31acquisition_additionannounced1998-12-311999-03-31Professional Employer Organizationsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to acquire The Vincam Group for approx. 7.4 million shares; expected to close Q1 1999.
1998-12-31divestiture_reductionannounced1999-02-281999-03-31Peachtree SoftwareUSD 145 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to sell Peachtree Software business to The Sage Group plc for $145 million; expected to close Q1 1999.
1998-06-30acquisition_additioncompletedUnited States, Canada, Brazil, EuropeEmployer Services; Claims ServicesUSD 351 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Eleven separate businesses acquired during fiscal 1998; resulting headcount additions were not disclosed. Named deals include Royal Bank of Canada's payroll and HR services business, a majority interest in a Brazilian payroll/HR/accounting provider, William M. Mercer's benefits administration business, Audatex Holding AG, and Context/Embassy. Aggregate purchase consideration approximately $351 million net of cash acquired (including $13 million in common stock); MD&A cites $338 million cash plus $13 million stock.
1998-06-30divestiture_reductioncompleted1997United StatesClaims Services — ADP Hollander (formerly Parts Services)USD 18 (millions)other
f5-10k / GLM-5.3-flash-HTML
Divestiture of certain assets used to facilitate electronic commerce among automotive parts recyclers, required by a Federal Trade Commission settlement, was completed during fiscal 1998. The $17.8 million pretax loss was recorded in Q4 fiscal 1997 (prior-year charge). Remaining business renamed ADP Hollander. Affected headcount not disclosed.
1998-06-30divestiture_reductioncompletedbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Several businesses with approximately $95 million of annual revenues were sold during fiscal 1998 as part of a portfolio review of businesses no longer strategically relevant; the specific businesses and any affected headcount were not identified. Management stated the disposition process would continue in fiscal 1999.
1998-06-30divestiture_reductionannounced1998-09Brokerage Services — front-office market data businesssubsequent_events
f5-10k / GLM-5.3-flash-HTML
In September 1998 (after the June 30, 1998 fiscal year-end), ADP signed an agreement under which Bridge Information Systems will purchase ADP's market data assets and products, a business that generated approximately $190 million of revenue in fiscal 1998; this followed a July 1998 letter of intent. Completion is subject to regulatory approvals and ADP will take a minority interest in Bridge. Affected headcount not disclosed. A related $31 million restructuring provision for this business was recorded in fiscal 1997 (prior year, not extracted as current-year activity).
1997-06-30restructuringin_progress1997-06-30United StatesBrokerage Services — Front OfficeUSD 31 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Provision to reduce product lines/platforms and consolidate data centers following a major client's decision to cancel its services contract; no employee count disclosed. Expected to reduce front-office earnings by ~$25M in FY98.
1997-06-30divestiture_reductionin_progress1997-06-30United StatesClaims Services — ARA International Database / parts serviceUSD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FTC settlement requiring divestiture of certain non-material assets acquired in fiscal '95; pretax loss of $17.8M recorded in Q4 FY97. No employee count disclosed.
1997-06-30acquisition_additioncompletedInternational (Europe, Canada, South America)Employer Services, Dealer ServicesUSD 122 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multiple businesses acquired during FY97 for ~$122M (including $7M in common stock), net of cash acquired. Includes Health Benefits America, TotalSource, Brazilian employer services company, Canadian payroll businesses, and others. No headcount additions disclosed.
1997-06-30restructuringcompleted1997-06-30United StatesBrokerage ServicesUSD 31 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Provision recorded to restructure front-office business, reduce product lines/platforms, and consolidate data centers. Employee count not disclosed.
1996-06-30acquisition_additioncompleted1995-11-011995-11-01Europe (GSI headquartered in Paris, France; operations in eight countries)Employer Services (payroll and HR services); non-Employer Services portion reported within OtherUSD 460 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired control of GSI-Participations effective November 1, 1995 for approximately $460 million in cash plus transaction costs and assumed liabilities (purchase consideration, not a severance charge); acquired-employee headcount not disclosed. Results consolidated on a one-month lag from November 1995; Item 1 separately dates the deal as 'last January'.
1996-06-30acquisition_additioncompletedVarious (United States and international)Primarily Brokerage Services and Dealer ServicesUSD 91 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Aggregate of several individually immaterial businesses acquired during fiscal 1996 for approximately $91 million, including $20 million in common stock; acquired headcount not disclosed. Additional pooling-of-interest acquisitions during fiscal 1996 were exchanged for 969,000 common shares.
1996-06-30divestiture_reductionannounced1996-06EuropeGSI facilities management businessbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Decision to sell reached during fiscal Q4 1996 (April–June 1996); exact date not disclosed. Business's quarterly net revenues and pre-tax expenses described as not material; net assets classified as held for sale in other current assets. Affected headcount not disclosed.
1996-06-30acquisition_additioncompleted1995-11-011995-11-01FranceEmployer ServicesUSD 460 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
GSI-Participations acquired for approximately $460 million in cash; headcount added not disclosed
1995-12-31acquisition_additioncompleted1995-11-011996-01-15FranceComputer services (payroll, HR information, facilities management, banking and clearing services)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
ADP acquired control of GSI Participations (Paris) effective 1995-11-01 for approximately $460 million cash; virtually 100% purchased by the close of the 1996-01-15 tender period. No employee headcount added is disclosed; GSI results consolidated on a one-month lag through 1995-11-30. Approximately $485 million of goodwill and other intangibles recorded.
1995-06-30acquisition_additionannounced3,0001995-12-31France (Paris headquarters); operations in France, Germany, Italy, Spain, Switzerland and the United KingdomPayroll and human resource information services; also facilities management, banking and clearing information services in EuropeUSD 460 (millions)Item_1_Business
f5-10k / GLM-5.3-flash-HTML
Post-fiscal-year-end subsequent development disclosed in Recent Developments: agreement to acquire GSI, a European computer services company, valued at FF 2.3 billion (approximately US $460 million). GSI has over 3,000 employees (count recorded as 3,000) and revenues exceeding FF 2 billion (US $400 million). Closing was expected before the end of calendar 1995, subject to GSI shareholder and various governmental approvals, so expected_completion_date is approximated as 1995-12-31; the deal could be slightly dilutive to EPS. Associated value represents total transaction consideration, not a severance or restructuring charge.
1995-06-30acquisition_additionannounced3,0001995-06-301995-12-31France, Germany, Italy, Spain, Switzerland, United KingdomEmployer Services / European computer servicesUSD 460 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire GSI for FF 2.3 billion (~US$460 million); GSI has over 3,000 employees; subject to shareholder and governmental approvals; expected to close before end of calendar year 1995
1995-06-30acquisition_additioncompletedUnited StatesEmployer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired WTR, a benefits consulting and actuarial firm, in January 1995; headcount not disclosed
1995-06-30acquisition_additioncompleted1995-07-01InternationalBrokerage Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Wilco International providing global multi-currency clearance and settlement; headcount not disclosed
1995-06-30acquisition_additioncompletedUnited StatesBrokerage Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Shark Information Services serving 5,000 institutional users; headcount not disclosed
1995-06-30acquisition_additioncompleted1995-03-01Benelux, France, GermanyDealer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Turbodata, a European auto dealer service with 3,000 clients; employee headcount not disclosed
1995-06-30acquisition_additioncompletedUnited States, CanadaDealer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired V-Crest providing dealer management systems to 500 Volkswagen clients; headcount not disclosed
1995-06-30acquisition_additioncompletedUnited States, CanadaClaims Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired AutoInfo's salvage-related products and services, adding 1,000 clients to installed base; headcount not disclosed
1995-06-30acquisition_additioncompletedNetherlandsEmployer Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Dutch business acquired Infotech, provider of employer services to temporary staffing agencies; headcount not disclosed
1995-06-30acquisition_additioncompletedUnited StatesClaims Servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
National BioSystems acquisition (renamed Integrated Medical Solutions) — first full year of operations in FY95; headcount not disclosed
1995-06-30acquisition_additioncompleted3,0001995-06-30EuropeEmployer ServicesUSD 460 (millions)Item 1. Business - Recent Developments
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
ADP entered into an agreement to acquire GSI, a European computer services company. GSI has over 3,000 employees. Transaction valued at approximately US $460 million.
1995-06-30acquisition_additioncompleted3,0001995-06-30EuropeEmployer ServicesUSD 460 (millions)Item 1. Business - Recent Developments
f5-10k / Qwen3.6-27B-Q8_0
Agreement to acquire GSI, a European computer services company. Transaction valued at approx $460 million. GSI has over 3,000 employees. Expected to close before end of calendar year 1995.
1995-06-30acquisition_additioncompleted1995-06-30United StatesEmployer ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquired WTR, a leading benefits consulting and actuarial firm. Employee count not disclosed.
1995-06-30acquisition_additioncompleted1995-06-30InternationalBrokerage ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquired Wilco International to strengthen international presence. Employee count not disclosed.
1995-06-30acquisition_additioncompleted1995-06-30United StatesBrokerage ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquired Shark Information Services. Employee count not disclosed.
1995-06-30acquisition_additioncompleted1995-06-30EuropeDealer ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquired Turbodata, a leading European auto dealer service company. Employee count not disclosed.
1995-06-30acquisition_additioncompleted1995-06-30TaiwanDealer ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquired a small company to establish presence in Taiwan. Employee count not disclosed.
1995-06-30acquisition_additioncompleted1995-06-30United StatesDealer ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquired V-Crest which provides dealer management systems. Employee count not disclosed.
1995-06-30acquisition_additioncompleted1995-06-30United StatesClaims ServicesAnnual Report to Shareholders - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Completed acquisition of AutoInfo's salvage-related products and services. Employee count not disclosed.