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Insperity Inc 2024年度报告

2025-02-11 美股财报 棋落
报告封面

FORM 10-K (Mark One) For the fiscal year ended December 31, 2024 ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______________ to _______________Commission File No. 1-13998 (Exact name of registrant as specified in its charter)Delaware76-0479645 (State or other jurisdiction of incorporation ororganization)(I.R.S. Employer Identification No.) 19001 Crescent Springs DriveKingwood,Texas77339(Address of principal executive offices)(Registrant’s Telephone Number, Including Area Code): (281) 358-8986 Securities registered pursuant to Section 12(b) of the Act:Title of each classTrading symbol(s)Name of each exchange on whichregisteredCommon Stock, $0.01 par value pershareNSPNew York Stock Exchange Securities Registered Pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of theSecurities Act.Yes☐No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section15(d) of the Act. Yes☐No☐ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports) and (2) has been subject to such filing requirementsfor the past 90 days. Yes☐No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or forsuch shorter period that the registrant was required to submit such files). Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of“large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company”in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☐Emerging growth company☐Smaller reportingcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’sassessment of the effectiveness of its internal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issuedits audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recoveryanalysis of incentive-based compensation received by any of the registrant’s executive officers during therelevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of theExchange Act).Yes☐No☐ As of February 3, 2025, 37,230,174 shares of the registrant’s common stock, par value $0.01 per share,were outstanding. As of the last business day of the registrant’s most recently completed second quarter,the aggregate market value of the common stock held by non-affiliates (based upon the June 30, 2024closing price of the common stock as reported by the New York Stock Exchange) was approximately $3.4billion. DOCUMENTS INCORPORATED BY REFERENCE Part III information is incorporated by reference from the proxy statement for the 2025 annual meeting ofstockholders, which the registrant intends to file within 120 days of the end of the fiscal year. TABLE OF CONTENTS Item 1.Business2Item 1A.Risk Factors18Item 1B.Unresolved Staff Comments30Item 1C.Cybersecurity30Item 2.Properties32Item 3.Legal Proceedings33Item 4.Mine Safety Disclosures34Item S-K 401(b).Executive Officers of the Registrant35Part IIItem 5.Market for Registrant’s Common Equity, Related Stockholder Matters andIssuer Purchases of Equity Securities36Item 6.[Reserved]37Item 7.Management’s Discussion and Analysis of Financial Condition and Resultsof Operations38 Item 7A.Quantitative and Qualitative Disclosures about Market Risk55Item 8.Financial Statements and Supplementary Data55Item 9.Changes in and Disagreements with Accountants on Accounting andFinancial Disclosure56Item 9A.Controls and Procedures56Item 9B.Other Information56Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections56Part IIIItem 10.Directors, Executive Officers and Corporate Governance57Item 11.Executive