Selected Financial Data
Automatic Data Processing, Inc. And
Subsidiaries
(In Thousands, Except Per Share Amounts)
| Years Ended June 30,
| 1997
| 1996
| 1995
| 1994
| 1993
|
| | |
| | |
| | |
| | |
| Revenue | $4,112,186
| $3,566,597
| $2,893,742
| $2,468,966
| $2,223,374
|
| | |
| | |
| Cost of operations
| 3,331,093
| 2,901,476
| 2,335,122
| 2,001,796
| 1,816,995
|
| Interest expense
| 27,794
| 29,731
| 24,340
| 20,840
| 19,819
|
| Non-recurring items
| 29,289
| --
| --
| --
| --
|
| | |
| | |
| 3,388,176
| 2,931,207
| 2,359,462
| 2,022,636
| 1,836,814
|
| | |
| | |
| | |
| | |
| Earnings before income taxes and cumulative effect of accounting changes
| 724,010
| 635,390
| 534,280
| 446,330
| 386,560
|
| Provision for income taxes
| 210,510
| 180,690
| 139,450
| 112,210
| 92,360
|
| | |
| | |
| Net earnings before cumulative effect of accounting changes
| 513,500
| 454,700
| 394,830
| 334,120
| 294,200
|
| Cumulative effect of accounting changes
| --
| --
| --
| -4,800
| --
|
| | |
| | |
| Net earnings |
$513,500
| $454,700
| $394,830
| $329,320
| $294,200
|
| | |
| | |
| | |
| | |
| Earnings per share
| $1.76(a)
| $1.57
| $1.38
| $1.17
| $1.04
|
| | |
| | |
| Average number of common shares outstanding
| 290,990
| 288,967
| 285,112
| 281,780
| 282,654
|
| | |
| | |
| Cash dividends per share
| $0.45
| $0.39
| $0.31
| $0.27
| $0.24
|
| | |
| | |
| Return on equity
| 20.6%
| 20.3%
| 20.9%
| 21.0%
| 20.9%
|
| | |
| | |
| | |
| | |
| At year end: |
| | |
| |
| Cash, cash equivalents and marketable securities
| $1,495,083
| $1,098,620
| $1,291,889
| $1,062,190
| $886,452
|
| Working capital |
$785,450
| $618,670
| $667,920
| $507,243
| $355,047
|
| Total assets |
$4,382,772
| $3,839,885
| $3,201,096
| $2,711,751
| $2,439,400
|
| Long-term debt |
$401,162
| $403,743
| $390,177
| $372,959
| $347,583
|
| Shareholders' equity
| $2,660,565
| $2,315,346
| $2,096,615
| $1,691,251
| $1,494,456
|
(A) After impact of non-recurring items (see Note 3).