ADP 2012 Annual Report Download - page 86

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Revenues and assets from continuing operations by geographic area are as follows:
NOTE 18. QUARTERLY FINANCIAL RESULTS (UNAUDITED)
Summarized quarterly results of our continuing operations for the two fiscal years ended June 30, 2012 and June 30, 2011 are as follows:
NOTE 19. SUBSEQUENT EVENT (UNAUDITED)
The Company’s subsidiary captive insurance company, ADP Indemnity, paid a premium of $141.4 million in July to enter into a reinsurance
arrangement with ACE American Insurance Company to cover substantially all losses for the fiscal 2013 policy year up to the $1 million per
occurrence retention related to the workers’ compensation and employer’s liability deductible reimbursement insurance protection for PEO
Services worksite employees. With the exception of the preceding item and the pension plan contribution in Note 13, there are no further
subsequent events for disclosure.
79
United
States
Europe
Canada
Other
Total
Year ended June 30, 2012
Revenues from continuing operations
$
8,542.5
$
1,269.8
$
447.5
$
405.4
$
10,665.2
Assets from continuing operations $
26,325.0
$
1,969.7
$
2,130.5
$
390.3
$
30,815.5
Year ended June 30, 2011
Revenues from continuing operations $
7,930.3
$
1,190.6
$
428.2
$
330.4
$
9,879.5
Assets from continuing operations $
29,294.8
$
2,027.6
$
2,497.6
$
418.3
$
34,238.3
Year ended June 30, 2010
Revenues from continuing operations $
7,195.0
$
1,089.8
$
383.4
$
259.5
$
8,927.7
Assets from continuing operations $
22,401.1
$
1,576.8
$
2,558.5
$
325.8
$
26,862.2
First Second Third Fourth
Quarter
Quarter
Quarter
Quarter
Year ended June 30, 2012
Revenues
$
2,522.5
$
2,583.0
$
2,923.1
$
2,636.6
Costs of revenues $
1,506.1
$
1,519.9
$
1,624.7
$
1,589.3
Gross profit $
1,016.4
$
1,063.1
$
1,298.4
$
1,047.3
Net earnings
$
302.7
$
375.0
$
452.4
$
258.4
Basic earnings per share $
0.62
$
0.77
$
0.93
$
0.53
Diluted earnings per share $
0.61
$
0.76
$
0.92
$
0.53
Year ended June 30, 2011
Revenues $
2,229.4
$
2,405.7
$
2,737.3
$
2,507.1
Costs of revenues
$
1,311.9
$
1,380.3
$
1,520.6
$
1,518.7
Gross profit $
917.5
$
1,025.4
$
1,216.7
$
988.4
Net earnings
$
278.5
$
310.1
$
423.8
$
241.8
Basic earnings per share $
0.57
$
0.63
$
0.85
$
0.49
Diluted earnings per share $
0.56
$
0.62
$
0.85
$
0.48