ADP 2010 Annual Report Download - page 15

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Item 6. Selected Financial Data
The following selected financial data is derived from our consolidated financial statements and should be read in conjunction with
the consolidated financial statements and related notes, Management
’
s Discussion and Analysis of Financial Condition and Results
of Operations, and Quantitative and Qualitative Disclosures About Market Risk included in this Annual Report on Form 10
-
K.
Note 1. Return on equity from continuing operations has been calculated as net earnings from continuing operations divided by
average total stockholders
’
equity.
13
(Dollars and shares in millions, except per share amounts)
Years ended June 30,
2010
2009
2008
2007
2006
Total revenues
$
8,927.7
$
8,838.4
$
8,733.7
$
7,769.8
$
6,821.3
Total costs of revenues
$
5,029.7
$
4,822.7
$
4,657.2
$
4,067.6
$
3,594.1
Gross profit
$
3,898.0
$
4,015.7
$
4,076.5
$
3,702.2
$
3,227.2
Earnings from continuing operations before income taxes
$
1,863.2
$
1,900.1
$
1,803.4
$
1,622.7
$
1,361.6
Net earnings from continuing operations
$
1,207.3
$
1,325.1
$
1,155.7
$
1,020.7
$
842.2
Basic earnings per share from continuing operations
$
2.41
$
2.63
$
2.22
$
1.86
$
1.47
Diluted earnings per share from continuing operations
$
2.40
$
2.62
$
2.19
$
1.83
$
1.45
Basic weighted average shares outstanding
500.5
503.2
521.5
549.7
574.8
Diluted weighted average shares outstanding
503.7
505.8
527.2
557.9
580.3
Cash dividends declared per share
$
1.3500
$
1.2800
$
1.1000
$
0.8750
$
0.7100
Return on equity from continuing operations (Note 1)
22.4
%
25.5
%
22.6
%
18.3
%
14.3
%
At year end:
Cash, cash equivalents and marketable securities
$
1,775.5
$
2,388.5
$
1,660.3
$
1,884.6
$
2,461.3
Total assets
$
26,862.2
$
25,351.7
$
23,734.4
$
26,648.9
$
27,490.1
Obligation under commercial paper borrowing
$
-
$
730.0
$
-
$
-
$
-
Long
-
term debt
$
39.8
$
42.7
$
52.1
$
43.5
$
74.3
Stockholders’ equity
$
5,478.9
$
5,322.6
$
5,087.2
$
5,147.9
$
6,011.6