v3.21.2
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 31, 2021
May 31, 2020
May 31, 2019
Revenue:      
Total service revenue $ 3,997.5 $ 3,953.6 $ 3,691.9
Interest on funds held for clients 59.3 86.9 80.6
Total revenue 4,056.8 4,040.5 3,772.5
Expenses:      
Cost of service revenue 1,271.2 1,280.8 1,177.8
Selling, general and administrative expenses 1,324.9 1,299.2 1,223.4
Total expenses 2,596.1 2,580.0 2,401.2
Operating income 1,460.7 1,460.5 1,371.3
Other expense, net (26.5) (23.4) (3.3)
Income before income taxes 1,434.2 1,437.1 1,368.0
Income taxes 336.7 339.0 333.6
Net income 1,097.5 1,098.1 1,034.4
Other comprehensive (loss)/income, net of tax (4.7) 56.4 36.3
Comprehensive income $ 1,092.8 $ 1,154.5 $ 1,070.7
Basic earnings per share $ 3.05 $ 3.06 $ 2.88
Diluted earnings per share $ 3.03 $ 3.04 $ 2.86
Weighted-average common shares outstanding 359.9 358.5 359.2
Weighted-average common shares outstanding, assuming dilution 362.1 361.0 361.8
Management Solutions [Member]      
Revenue:      
Total service revenue $ 3,023.4 $ 2,963.0 $ 2,877.7
PEO And Insurance Solutions [Member]      
Revenue:      
Total service revenue $ 974.1 $ 990.6 $ 814.2

Source