Staffing & Consulting Services

credit / rates affecting interest expense

“Interest expense decreased for the nine months ended March 31, 2026 primarily due to a decrease of $23.6 million related to commercial paper and reverse repurchase borrowings as a result of decreases in average interest rates on commercial paper issuances and reverse repurchases of 80 and 70 basis points, respectively, offset by an increase in average reverse repurchase outstanding balances of $0.5 billion, as compared to the nine months ended March 31, 2025.”

ADP 10-Q

restructuring affecting expense

“Due to these acquisitions, our net income (loss) has included significant charges for amortization of acquired intangible assets; depreciation and other amortization; acquisition- and integration-related costs, including gains or losses on equity investments acquired in prospective targets and related to deal-contingent financial instruments; interest income (expense); and restructuring and related costs, including certain advisory fees.”

CSGP 10-Q

demand / volume

“Damage to our reputation as a result of our provision of policies to certain insureds could result in decreased demand for our insurance products.”

ARX 10-K