v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We operate in one reportable segment. Our chief operating decision maker for segment reporting purposes is our CEO, who uses the profitability and significant expense detail to allocate resources and assess performance based on key functions such as customer acquisition, customer service, and indirect costs.
The primary measure of profit or loss that the CEO uses is net income. The significant expenses used in these profit or loss reports align with the primary functions of the corresponding teams, with the exception of non-cash expenses such as depreciation, amortization and stock-based compensation as these expenses are not necessarily indicative of our ongoing operations. In this expense reporting methodology, overhead-type expenses, such as facilities and technology support for colleagues, are classified consistent with the primary function of the corresponding teams and not allocated to other significant expenses.
The table below provides the primary measure of profitability and detail regarding the significant expenses reviewed by our CEO. Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on previously reported net income or stockholders' equity.
 Three Months Ended June 30, 2026Six Months Ended June 30,
(in millions)2026202520262025
Professional service revenues
$159 $172 $348 $381 
Insurance service revenues
1,007 1,048 2,030 2,113 
Interest income12 18 26 36 
Total revenues
1,178 1,238 2,404 2,530 
Workers' compensation costs14 17 36 39 
Health insurance costs853 930 1,687 1,850 
Sales & marketing59 63 124 125 
Client support costs39 44 82 90 
Corporate administration51 40 91 78 
System support & development37 41 76 85 
Depreciation and amortization of intangible assets
19 17 36 34 
Stock based compensation17 18 33 31 
Other (1)
1 2 15 3 
Interest expense, bank fees and other14 15 27 29 
Income taxes21 14 55 44 
Net income$53 37 $142 122 
(1) Other includes certain costs that are considered non-recurring such as restructuring and transaction and integration costs.