v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]      
Net income (loss) $ (7,000) $ 91,000 $ 171,000
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 45,000 44,000 43,000
Stock-based compensation 61,000 61,000 53,000
Deferred income taxes 12,000 (14,000) (4,000)
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Noncash Item [Abstract]      
Accounts receivable 3,000 (135,000) (71,000)
Prepaid insurance and related assets 19,000 (18,000) 5,000
Other current assets 4,000 (8,000) (15,000)
Other assets and ROU assets (9,000) 25,000 23,000
Accounts payable (4,000) (1,000) 3,000
Payroll taxes and other payroll deductions payable (357,000) 335,000 10,000
Accrued worksite employee payroll costs 34,000 171,000 46,000
Accrued health insurance costs 11,000 (27,000) (7,000)
Accrued workers’ compensation costs (20,000) (17,000) (10,000)
Accrued corporate payroll, commissions and other accrued liabilities (23,000) (2,000) (45,000)
Income taxes payable/receivable (47,000) 15,000 (4,000)
Total adjustments (271,000) 429,000 27,000
Net cash provided by (used in) operating activities (278,000) 520,000 198,000
Marketable securities:      
Purchases (26,000) (23,000) (48,000)
Proceeds from maturities 18,000 23,000 38,000
Proceeds from dispositions 8,000 0 28,000
Proceeds from Sale of Property, Plant, and Equipment [Abstract]      
Property and equipment purchases (31,000) (38,000) (40,000)
Net cash used in investing activities (31,000) (38,000) (22,000)
Cash flows from financing activities:      
Purchase of treasury stock (19,000) (63,000) (131,000)
Dividends paid (90,000) (89,000) (84,000)
Client funds liability and other 19,000 (21,000) 60,000
Net cash used in financing activities (90,000) (173,000) (155,000)
Net increase (decrease) in cash, cash equivalents, restricted cash, funds held for clients, and deposits – workers’ compensation (399,000) 309,000 21,000
Cash, cash equivalents, restricted cash, funds held for clients, and deposits - workers’ compensation beginning of period 1,344,000 1,035,000 1,014,000
Cash, cash equivalents, restricted cash, funds held for clients, and deposits - workers’ compensation end of period 945,000 1,344,000 1,035,000
Supplemental cash flow information:      
Income Tax Paid, Federal, after Refund Received 34,000 25,000 50,000
Interest Paid, Excluding Capitalized Interest, Operating Activity 23,000 32,000 22,000
ROU assets obtained in exchange for lease obligations 19,000 29,000 22,000
CALIFORNIA      
Income Tax Paid, State and Local, after Refund Received 0 0 3,000
All Other States [Member]      
Income Tax Paid, State and Local, after Refund Received $ 4,000 $ 8,000 $ 10,000