Attached files
file | filename |
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8-K - FORM 8-K - CBIZ, Inc. | l38463e8vk.htm |
EX-99.1 - EX-99.1 - CBIZ, Inc. | l38463exv99w1.htm |
EX-99.2 - EX-99.2 - CBIZ, Inc. | l38463exv99w2.htm |
Exhibit 99.3
CBIZ, Inc.
IMPACT OF DISCONTINUED OPERATIONS
and OTHER RECLASSIFICATIONS
IMPACT OF DISCONTINUED OPERATIONS
and OTHER RECLASSIFICATIONS
Three Months Ended | Year Ended | |||||||||||||||||||
March 31, 2009 | June 30, 2009 | September 30, 2009 | December 31, 2009 | December 31, 2009 | ||||||||||||||||
Revenue |
(3,699 | ) | (3,902 | ) | (3,248 | ) | (3,118 | ) | (13,967 | ) | ||||||||||
Operating expenses |
(4,282 | ) | (4,243 | ) | (3,766 | ) | (3,425 | ) | (15,716 | ) | ||||||||||
Gross income (loss) |
583 | 341 | 518 | 307 | 1,749 | |||||||||||||||
Corporate general and administrative |
| (13 | ) | | | (13 | ) | |||||||||||||
Operating income (loss) |
583 | 354 | 518 | 307 | 1,762 | |||||||||||||||
Other income (expense): |
||||||||||||||||||||
Interest expense |
2 | 13 | | | 15 | |||||||||||||||
Gain (loss) on sale of operations, net |
| | | | | |||||||||||||||
Other income (expense), net |
1 | (1 | ) | | | | ||||||||||||||
Total other income (expense) |
3 | 12 | | | 15 | |||||||||||||||
Income (loss) from continuing operations before income
tax expense |
586 | 366 | 518 | 307 | 1,777 | |||||||||||||||
Income tax expense (benefit) Effective Rate |
235 | 146 | 207 | 123 | 711 | |||||||||||||||
Income (loss) from continuing operations |
351 | 220 | 311 | 184 | 1,066 | |||||||||||||||
Income (loss) from operations of discontinued business, net of tax |
(351 | ) | (220 | ) | (311 | ) | (184 | ) | (1,066 | ) | ||||||||||
Gain (loss) on disposal of discontinued business, net of tax |
| | | | | |||||||||||||||
Net Income |
| | | | | |||||||||||||||
Three Months Ended | Year Ended | |||||||||||||||||||
March 31, 2008 | June 30, 2008 | September 30, 2008 | December 31, 2008 | December 31, 2008 | ||||||||||||||||
Revenue |
(4,204 | ) | (4,346 | ) | (4,878 | ) | (4,902 | ) | (18,330 | ) | ||||||||||
Operating expenses |
(4,511 | ) | (4,583 | ) | (5,122 | ) | (5,215 | ) | (19,431 | ) | ||||||||||
Gross income (loss) |
307 | 237 | 244 | 313 | 1,101 | |||||||||||||||
Corporate general and administrative |
| | | | | |||||||||||||||
Operating income (loss) |
307 | 237 | 244 | 313 | 1,101 | |||||||||||||||
Other income (expense): |
||||||||||||||||||||
Interest expense |
2 | (1 | ) | | 1 | |||||||||||||||
Gain (loss) on sale of operations, net |
(1 | ) | 1 | | | | ||||||||||||||
Other income (expense), net |
(1 | ) | (1 | ) | (4 | ) | | (6 | ) | |||||||||||
Total other income (expense) |
| (1 | ) | (4 | ) | | (5 | ) | ||||||||||||
Income (loss) from continuing operations before income
tax expense |
307 | 236 | 240 | 313 | 1,096 | |||||||||||||||
Income tax expense (benefit) Effective Rate |
123 | 94 | 96 | 125 | 438 | |||||||||||||||
Income (loss) from continuing operations |
184 | 142 | 144 | 188 | 658 | |||||||||||||||
Income (loss) from operations of discontinued business, net of tax |
(184 | ) | (142 | ) | (144 | ) | (188 | ) | (658 | ) | ||||||||||
Gain (loss) on disposal of discontinued business, net of tax |
| | | |||||||||||||||||
Net Income |
| | | | | |||||||||||||||
NOTE: The above information presents the impact of the discontinued operations and other
reclassifications to the respective quarterly and annual consolidated statements of operations.