ASGN Inc. Files Q1 2024 10-Q Report

Ticker: ASGN · Form: 10-Q · Filed: 2024-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

TL;DR

ASGN Inc. Q1 2024 10-Q filed. Financials for period ending March 31, 2024.

AI Summary

ASGN Inc. filed its 10-Q for the period ending March 31, 2024. The company, formerly known as ON Assignment Inc., is based in Glen Allen, VA. This filing covers financial information for the first quarter of 2024, with the fiscal year ending December 31st.

Why It Matters

This 10-Q filing provides investors with a detailed look at ASGN Inc.'s financial performance and position as of the end of the first quarter of 2024.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The conformed period of report is March 31, 2024.

When was this 10-Q filing submitted to the SEC?

The filing was submitted on May 2, 2024.

What is the primary business of ASGN Inc. according to the SIC code?

The Standard Industrial Classification code indicates ASGN Inc. is in SERVICES-HELP SUPPLY SERVICES [7363].

What was ASGN Inc. formerly known as?

ASGN Inc. was formerly known as ON ASSIGNMENT INC.

What is the fiscal year end for ASGN Inc.?

ASGN Inc.'s fiscal year ends on December 31.

From the Filing

0000890564-24-000013.txt : 20240502 0000890564-24-000013.hdr.sgml : 20240502 20240501210222 ACCESSION NUMBER: 0000890564-24-000013 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 48 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240502 DATE AS OF CHANGE: 20240501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASGN Inc CENTRAL INDEX KEY: 0000890564 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 954023433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35636 FILM NUMBER: 24904837 BUSINESS ADDRESS: STREET 1: 4400 COX ROAD, SUITE 110 CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 8188787900 MAIL ADDRESS: STREET 1: 4400 COX ROAD, SUITE 110 CITY: GLEN ALLEN STATE: VA ZIP: 23060 FORMER COMPANY: FORMER CONFORMED NAME: ON ASSIGNMENT INC DATE OF NAME CHANGE: 19930328 10-Q 1 asgn-20240331.htm 10-Q asgn-20240331 0000890564 December 31 2024 Q1 FALSE 0000890564 2024-01-01 2024-03-31 0000890564 2024-04-30 xbrli:shares 0000890564 2024-03-31 iso4217:USD 0000890564 2023-12-31 iso4217:USD xbrli:shares 0000890564 us-gaap:CommonStockMember 2023-12-31 0000890564 2023-01-01 2023-03-31 0000890564 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000890564 us-gaap:RetainedEarningsMember 2023-12-31 0000890564 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000890564 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000890564 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000890564 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000890564 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000890564 us-gaap:CommonStockMember 2024-03-31 0000890564 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000890564 us-gaap:RetainedEarningsMember 2024-03-31 0000890564 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000890564 us-gaap:CommonStockMember 2022-12-31 0000890564 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000890564 us-gaap:RetainedEarningsMember 2022-12-31 0000890564 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000890564 2022-12-31 0000890564 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0000890564 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000890564 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0000890564 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0000890564 us-gaap:CommonStockMember 2023-03-31 0000890564 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0000890564 us-gaap:RetainedEarningsMember 2023-03-31 0000890564 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0000890564 2023-03-31 0000890564 asgn:CommercialBusinessMember 2024-03-31 0000890564 asgn:FederalGovernmentBusinessMember 2024-03-31 0000890564 srt:MinimumMember us-gaap:CustomerRelationshipsMember 2024-03-31 0000890564 us-gaap:CustomerRelationshipsMember srt:MaximumMember 2024-03-31 0000890564 us-gaap:CustomerRelationshipsMember 2024-03-31 0000890564 us-gaap:CustomerRelationshipsMember 2023-12-31 0000890564 srt:MinimumMember us-gaap:OrderOrProductionBacklogMember 2024-03-31 0000890564 us-gaap:OrderOrProductionBacklogMember srt:MaximumMember 2024-03-31 0000890564 us-gaap:NoncompeteAgreementsMember 2024-03-31 0000890564 us-gaap:NoncompeteAgreementsMember 2023-12-31 0000890564 asgn:A500MillionRevolvingCreditFacilityDueFebruary2028Member 2023-08-31 0000890564 asgn:TermLoanBFacilityDueAugust2030Member 2024-03-31 0000890564 asgn:TermLoanBFacilityDueAugust2030Member 2023-12-31 0000890564 asgn:TermLoanBFacilityDueAugust2030Member 2023-08-31 0000890564 asgn:TermLoanBFacilityDueAugust2030Member asgn:SecuredOvernightFinancingRateSOFRMember 2024-01-01 2024-03-31 xbrli:pure 0000890564 asgn:BankBaseRateMember asgn:TermLoanBFacilityDueAugust2030Member 2024-01-01 2024-03-31 0000890564 asgn:TermLoanBFacilityDueAugust2030Member 2024-01-01 2024-03-31 0000890564 us-gaap:BaseRateMember asgn

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