v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Total revenues $ 1,240,298 $ 1,144,531 $ 1,069,307
Cost of revenues:      
Total cost of revenues 979,385 891,280 826,775
Gross margin 260,913 253,251 242,532
Selling, general and administrative expenses 190,494 185,869 174,772
Depreciation and amortization 8,256 7,601 7,110
Income from operations 62,163 59,781 60,650
Other income (expense):      
Investment income, net 9,259 11,130 8,643
Interest expense (171) (178) (166)
Other, net 148 89 (139)
Other income, net 9,236 11,041 8,338
Income before income taxes 71,399 70,822 68,988
Provision for income taxes 16,951 17,829 18,376
Net income $ 54,448 $ 52,993 $ 50,612
Basic income per common share $ 2.13 $ 2.03 $ 1.88
Weighted average number of basic common shares outstanding 25,613 26,076 26,921
Diluted income per common share $ 2.08 $ 1.98 $ 1.85
Weighted average number of diluted common shares outstanding 26,141 26,708 27,394
Professional Employer Services [Member]      
Revenues:      
Total revenues $ 1,168,334 $ 1,063,386 $ 982,268
Staffing Services [Member]      
Revenues:      
Total revenues 71,964 81,145 87,039
Direct Payroll Costs [Member]      
Cost of revenues:      
Total cost of revenues 54,443 61,010 65,042
Payroll Taxes and Benefits [Member]      
Cost of revenues:      
Total cost of revenues 720,798 628,534 555,758
Workers' Compensation [Member]      
Cost of revenues:      
Total cost of revenues $ 204,144 $ 201,736 $ 205,975

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