Ceridian(CDAY)

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Ceridian(CDAY) - 2021 Q1 - Quarterly Report
2021-05-04 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly reporting period ended March 31, 2021 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-38467 Ceridian HCM Holding Inc. (Exact name of registrant as specified in its charter) Delaware 46-3231686 (State or Other Jurisdict ...
Ceridian(CDAY) - 2020 Q4 - Annual Report
2021-02-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38467 Ceridian HCM Holding Inc. (Exact name of Registrant as specified in its Charter) Delaware 46-3231686 (State or other jurisdicti ...
Ceridian(CDAY) - 2020 Q3 - Quarterly Report
2020-11-05 21:22
Front Matter [Cautionary Note Regarding Forward-Looking Statements](index=3&type=section&id=CAUTIONARY%20NOTE%20REGARDING%20FORWARD-LOOKING%20STATEMENTS) This report contains forward-looking statements concerning the human capital management industry and the company's operations, performance, and financial condition, which are subject to inherent risks and uncertainties that could cause actual results to differ materially - The impact of the COVID-19 pandemic on business, operations, and financial results - Inability to attain or maintain profitability and significant competition for solutions - Risks related to migrating Bureau customers to Cloud solutions and developing new features - Compliance with data protection regulations, including the FTC's consent order, and risks of system interruptions or cyber-security breaches - Reductions in customers' employment levels or their financial viability[11](index=11&type=chunk) PART I. FINANCIAL INFORMATION [Item 1. Condensed Consolidated Financial Statements](index=5&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2020, including balance sheets, statements of operations, comprehensive income, stockholders' equity, and cash flows, along with notes detailing accounting policies and specific financial activities [Condensed Consolidated Balance Sheets](index=5&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of September 30, 2020, total assets were **$5,918.0 million**, a decrease from **$6,085.7 million** at year-end 2019, primarily due to reduced customer trust funds, while total stockholders' equity increased to **$2,036.3 million** from **$1,882.3 million** Condensed Consolidated Balance Sheet Highlights (in millions) | Account | Sep 30, 2020 | Dec 31, 2019 | | :--- | :--- | :--- | | **Total Assets** | **$5,918.0** | **$6,085.7** | | Cash and equivalents | $554.6 | $281.3 | | Customer trust funds | $2,646.6 | $3,204.1 | | Goodwill | $2,011.3 | $1,973.5 | | **Total Liabilities** | **$3,881.7** | **$4,203.4** | | Customer trust funds obligations | $2,581.2 | $3,193.6 | | Long-term debt, less current portion | $957.2 | $666.3 | | **Total Stockholders' Equity** | **$2,036.3** | **$1,882.3** | [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) For Q3 2020, the company reported a net loss of **$0.8 million** on revenues of **$204.4 million**, a significant decrease from Q3 2019's net income of **$62.7 million** due to a one-time tax benefit, with nine-month net income at **$13.3 million** compared to **$80.2 million** year-over-year Statement of Operations Summary (in millions, except per share data) | Metric | Q3 2020 | Q3 2019 | Nine Months 2020 | Nine Months 2019 | | :--- | :--- | :--- | :--- | :--- | | Total Revenue | $204.4 | $202.3 | $619.7 | $602.3 | | Gross Profit | $76.7 | $88.8 | $255.8 | $270.4 | | Operating (Loss) Profit | $(0.6) | $6.5 | $29.7 | $52.6 | | Net (Loss) Income | $(0.8) | $62.7 | $13.3 | $80.2 | | Diluted EPS | $(0.01) | $0.42 | $0.09 | $0.54 | [Notes to Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) The notes provide details on significant accounting policies, business combinations, debt structure, share-based compensation, and revenue disaggregation, highlighting the acquisition of Excelity, a precautionary draw on the revolving credit facility, and a significant year-over-year decrease in float revenue - On May 29, 2020, the company acquired 100% of Excelity Global Solutions Pte. Ltd. for **$77.2 million**, a human capital management service provider in the Asia-Pacific region[53](index=53&type=chunk) Investment Income from Customer Trust Funds (Float Revenue, in millions) | Period | 2020 | 2019 | | :--- | :--- | :--- | | Three Months Ended Sep 30 | $10.6 | $18.3 | | Nine Months Ended Sep 30 | $41.7 | $62.9 | - On April 2, 2020, the company borrowed **$295.0 million** under its 2018 Revolving Credit Facility as a precautionary measure to increase its cash position amid COVID-19 uncertainty[78](index=78&type=chunk) Disaggregated Revenue by Solution (in millions) | Revenue Source | Q3 2020 | Q3 2019 | Nine Months 2020 | Nine Months 2019 | | :--- | :--- | :--- | :--- | :--- | | Total Cloud Revenue | $176.7 | $165.5 | $535.5 | $475.8 | | Total Bureau Revenue | $27.7 | $36.8 | $84.2 | $126.5 | | **Total Revenue** | **$204.4** | **$202.3** | **$619.7** | **$602.3** | [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=25&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's financial performance, highlighting the continued growth of its Dayforce Cloud solution, which is partially offset by the planned decline in Bureau revenue, detailing the adverse impacts of the COVID-19 pandemic, including reduced employment levels at customers and lower float revenue from interest rate cuts, and its bolstered liquidity position [Overview and COVID-19 Impact](index=25&type=section&id=Overview%20and%20COVID-19%20Impact) Ceridian is a global HCM software company focused on its flagship Dayforce cloud platform, which launched Dayforce Wallet in 2020, facing significant headwinds from the COVID-19 pandemic, leading to curtailed customer demand, lower employment levels, and reduced float revenue due to central bank rate cuts - The company's flagship cloud HCM platform, Dayforce, grew to **4,704 live customers** as of September 30, 2020, a net increase of **341 customers** in the first nine months of the year[145](index=145&type=chunk) - The COVID-19 pandemic has caused curtailed customer demand, declining employment levels at customers, and lower customer utilization of professional services, with rate cuts by the U.S. Federal Reserve and Bank of Canada also negatively affecting float revenue[150](index=150&type=chunk) [Results of Operations](index=27&type=section&id=Results%20of%20Operations) For Q3 2020, total revenue grew **1.0%** year-over-year, driven by a **6.8%** increase in Cloud revenue, largely offset by a **24.7%** decline in Bureau revenue and lower float revenue, with COVID-19 estimated to have caused a revenue decline of approximately **$10 million** from lower employment levels and **$6 million** from lower float revenue, and Adjusted EBITDA for Q3 2020 decreased **28.4%** to **$33.2 million** Q3 2020 vs. Q3 2019 Revenue Growth (Constant Currency) | Revenue Category | As Reported Growth | Constant Currency Growth | | :--- | :--- | :--- | | Total Revenue | 1.0% | 1.1% | | Total Cloud Revenue | 6.8% | 6.8% | | - Dayforce Revenue | 9.8% | 9.8% | | - Powerpay Revenue | (13.3)% | (12.8)% | | Total Bureau Revenue | (24.7)% | (24.7)% | - The estimated negative impact of COVID-19 on Q3 2020 revenue was approximately **$10 million** from lower employment levels at customers and approximately **$6 million** from reduced float revenue[166](index=166&type=chunk) - Float revenue for Q3 2020 was **$10.6 million**, down from **$18.3 million** in Q3 2019, with the average yield on customer trust funds declining by **81 basis points** to **1.52%** due to central bank rate cuts[173](index=173&type=chunk) Adjusted EBITDA Reconciliation Summary (in millions) | Metric | Q3 2020 | Q3 2019 | Nine Months 2020 | Nine Months 2019 | | :--- | :--- | :--- | :--- | :--- | | Net (Loss) Income | $(0.8) | $62.7 | $13.3 | $80.2 | | Adjustments | $34.0 | $(16.3) | $112.6 | $48.4 | | **Adjusted EBITDA** | **$33.2** | **$46.4** | **$125.9** | **$140.2** | | **Adjusted EBITDA Margin** | **16.2%** | **22.9%** | **20.3%** | **23.3%** | [Liquidity and Capital Resources](index=36&type=section&id=Liquidity%20and%20Capital%20Resources) The company's primary liquidity sources are cash on hand, operating cash flow, and its credit facilities, with cash and equivalents at **$554.6 million** as of September 30, 2020, and a precautionary draw of **$295.0 million** from its revolving credit facility in April 2020, which management believes is sufficient for the foreseeable future - As of September 30, 2020, the company had cash and equivalents of **$554.6 million** and total debt of **$970.8 million**[217](index=217&type=chunk) - A precautionary draw of **$295.0 million** was made on the 2018 Revolving Credit Facility on April 2, 2020, to preserve financial flexibility amid the COVID-19 pandemic[217](index=217&type=chunk) - Net cash provided by operating activities, excluding customer trust fund activity, was **$36.1 million** for the nine months ended September 30, 2020[226](index=226&type=chunk) [Item 3. Quantitative and Qualitative Disclosures about Market Risk](index=42&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company is exposed to market risks related to foreign currency exchange rates, primarily the Canadian Dollar, interest rate fluctuations affecting investment income and debt service costs, and obligations tied to its closed U.S. pension plan, with these risks potentially amplified by the COVID-19 pandemic - The company's results are subject to fluctuations from foreign currency exchange rates, particularly the Canadian Dollar, but it does not currently have an active hedging program[256](index=256&type=chunk) - Interest rate risk affects the float revenue from customer trust funds, where a **100 basis point** change in market rates would result in an approximate **$17 million** change in annual float revenue[173](index=173&type=chunk)[257](index=257&type=chunk) - The company has a closed U.S. pension plan, and its obligations are subject to risks from actuarial assumptions and asset returns, with a contribution of **$105.0 million** made to the plan in October 2020[260](index=260&type=chunk) [Item 4. Controls and Procedures](index=43&type=section&id=Item%204.%20Controls%20and%20Procedures) Based on an evaluation as of September 30, 2020, the Chief Executive Officer and Chief Financial Officer concluded that the company's disclosure controls and procedures are effective, with no material changes to internal controls over financial reporting during the third quarter of 2020 - Management concluded that disclosure controls and procedures were effective as of the end of the period covered by the report[263](index=263&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[264](index=264&type=chunk) PART II. OTHER INFORMATION [Item 1. Legal Proceedings](index=44&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently a party to any legal proceedings that are expected to have a material adverse effect on its business, financial condition, or liquidity - The company reports no material legal proceedings[267](index=267&type=chunk) [Item 1A. Risk Factors](index=44&type=section&id=Item%201A.%20Risk%20Factors) This section updates the company's risk factors, emphasizing the ongoing adverse effects of the COVID-19 pandemic on business operations and financial results, highlighting new risks related to the Dayforce Wallet product, including credit risk and potential fraud, and detailing reliance on third-party service providers and increasing complexity of regulatory compliance - **COVID-19 Pandemic:** The pandemic has adversely affected and will likely continue to affect business through reduced customer employment levels, delayed service implementations, and lower float revenue[269](index=269&type=chunk) - **Dayforce Wallet Risk:** The on-demand pay service introduces credit risk, as Ceridian advances funds on behalf of customers before being repaid, and a customer's failure to repay could result in credit losses[298](index=298&type=chunk) - **Third-Party Reliance:** The business depends on third-party providers for data centers (NaviSite, Microsoft Azure), payment processing, and program management for the Dayforce Wallet, where a disruption or failure could have a material adverse effect[287](index=287&type=chunk)[288](index=288&type=chunk)[296](index=296&type=chunk) - **Regulatory and Compliance Risk:** The company is subject to a variety of U.S. and international laws regarding privacy, data protection (e.g., GDPR), and financial services, with failure to comply potentially resulting in fines, penalties, and reputational harm[277](index=277&type=chunk)[281](index=281&type=chunk)[284](index=284&type=chunk) [Other Items (Unregistered Sales, Defaults, Disclosures, Other Info, Exhibits)](index=49&type=section&id=Other%20Items%20(2,%203,%204,%205,%206)) This section confirms there were no unregistered sales of equity securities, no defaults upon senior securities, no mine safety disclosures to report, and no other material information for the period, also listing the exhibits filed with the Form 10-Q - Item 2: No unregistered sales of equity securities and use of proceeds[305](index=305&type=chunk) - Item 3: No defaults upon senior securities[306](index=306&type=chunk) - Item 6: A list of exhibits filed with the report is provided, including certifications and XBRL data files[311](index=311&type=chunk)
Ceridian(CDAY) - 2020 Q2 - Quarterly Report
2020-08-05 20:18
[PART I. FINANCIAL INFORMATION](index=5&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Item 1. Condensed Consolidated Financial Statements (unaudited)](index=5&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20(unaudited)) The unaudited statements detail financial position, performance, and cash flows for the periods ended June 30, 2020 [Condensed Consolidated Balance Sheets](index=5&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet shows total assets of $5.85 billion, with increased cash and decreased customer trust funds Condensed Consolidated Balance Sheet Highlights (in millions) | Account | June 30, 2020 | December 31, 2019 | | :--- | :--- | :--- | | **Assets** | | | | Cash and equivalents | $526.9 | $281.3 | | Customer trust funds | $2,659.8 | $3,204.1 | | Goodwill | $2,004.5 | $1,973.5 | | **Total assets** | **$5,853.9** | **$6,085.7** | | **Liabilities & Equity** | | | | Customer trust funds obligations | $2,594.8 | $3,193.6 | | Long-term debt, less current portion | $958.6 | $666.3 | | **Total liabilities** | **$3,868.2** | **$4,203.4** | | **Total stockholders' equity** | **$1,985.7** | **$1,882.3** | [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Revenue slightly decreased in Q2 2020 while growing for H1 2020, though net income declined in both periods Q2 2020 vs Q2 2019 Statement of Operations (in millions, except per share data) | Metric | Q2 2020 | Q2 2019 | | :--- | :--- | :--- | | Total revenue | $192.6 | $196.3 | | Gross profit | $78.6 | $88.0 | | Operating profit | $4.0 | $18.7 | | Net income | $5.5 | $6.3 | | Diluted EPS | $0.04 | $0.04 | H1 2020 vs H1 2019 Statement of Operations (in millions, except per share data) | Metric | H1 2020 | H1 2019 | | :--- | :--- | :--- | | Total revenue | $415.3 | $400.0 | | Gross profit | $179.1 | $181.6 | | Operating profit | $30.3 | $46.1 | | Net income | $14.1 | $17.5 | | Diluted EPS | $0.09 | $0.12 | [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) H1 2020 cash flow shows increased operating cash and a reversal to positive investing cash flow Six Months Ended June 30 Cash Flow Summary (in millions) | Cash Flow Activity | 2020 | 2019 | | :--- | :--- | :--- | | Net cash provided by operating activities | $23.9 | $10.2 | | Net cash provided by (used in) investing activities | $101.2 | $(101.9) | | Net cash (used in) provided by financing activities | $(230.3) | $1,349.6 | | Net (decrease) increase in cash, restricted cash, and equivalents | $(117.6) | $1,265.3 | [Notes to Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail the Excelity acquisition, revenue disaggregation, debt changes, and share-based compensation - On May 29, 2020, the company acquired 100% of Excelity Global Solutions Pte. Ltd., a human capital management service provider in the Asia-Pacific region, for **$77.2 million**, adding **$49.5 million to goodwill**[42](index=42&type=chunk)[44](index=44&type=chunk) - Investment income from customer trust funds (float revenue) **decreased to $11.5 million in Q2 2020** from $20.3 million in Q2 2019, and to **$31.1 million in H1 2020** from $44.6 million in H1 2019[48](index=48&type=chunk) - Total share-based compensation expense was **$15.3 million for Q2 2020** and **$27.8 million for H1 2020**, up from $9.6 million and $15.6 million in the respective prior-year periods[74](index=74&type=chunk) Revenue Disaggregation by Solution (in millions) | Revenue Source | Q2 2020 | Q2 2019 | H1 2020 | H1 2019 | | :--- | :--- | :--- | :--- | :--- | | Total Dayforce revenue | $151.5 | $134.5 | $320.3 | $267.3 | | Total Powerpay revenue | $16.4 | $21.2 | $38.5 | $43.0 | | **Total Cloud revenue** | **$167.9** | **$155.7** | **$358.8** | **$310.3** | | **Total Bureau revenue** | **$24.7** | **$40.6** | **$56.5** | **$89.7** | | **Total revenue** | **$192.6** | **$196.3** | **$415.3** | **$400.0** | - As of June 30, 2020, the company has approximately **$897.1 million in remaining performance obligations** (contracted backlog) expected to be recognized as revenue over the next three years[93](index=93&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=25&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management analyzes performance, focusing on Dayforce growth, COVID-19 impacts, and enhanced liquidity [Overview and COVID-19 Impact](index=25&type=section&id=Overview%20and%20COVID-19%20Impact) The company focuses on its Dayforce platform while navigating business challenges from the COVID-19 pandemic - The company's flagship product is **Dayforce**, a single cloud application for HR, payroll, benefits, workforce, and talent management[117](index=117&type=chunk) - The company launched **Dayforce Wallet** in 2020, an on-demand pay feature allowing employees instant access to their earned wages[118](index=118&type=chunk) - The **COVID-19 pandemic has negatively impacted the business** through curtailed customer demand, lower client employment levels, and delays in implementation services[123](index=123&type=chunk) - As of June 30, 2020, there were **4,603 live Dayforce customers**, an increase from 4,006 a year prior[125](index=125&type=chunk) [Results of Operations](index=27&type=section&id=Results%20of%20Operations) Q2 revenue declined due to Bureau weakness and COVID-19, while H1 revenue grew, driven by Cloud solutions Q2 2020 vs Q2 2019 Revenue Performance (Constant Currency) | Revenue Category | % Change (Reported) | % Change (Constant Currency) | | :--- | :--- | :--- | | Total Dayforce revenue | +12.6% | +13.5% | | Total Cloud revenue | +7.8% | +8.9% | | Total Bureau revenue | -39.2% | -38.4% | | **Total revenue** | **-1.9%** | **-0.9%** | - The estimated impact of the COVID-19 pandemic in Q2 2020 was an approximately **$8 million decline in revenue** from lower employment levels and a **$7 million decline in float revenue**[135](index=135&type=chunk) - The average yield on customer trust funds was **1.55% in Q2 2020**, a decline of 86 basis points from Q2 2019, primarily due to central bank rate cuts[139](index=139&type=chunk) Adjusted EBITDA Reconciliation (in millions) | Metric | Q2 2020 | Q2 2019 | H1 2020 | H1 2019 | | :--- | :--- | :--- | :--- | :--- | | Operating profit | $4.0 | $18.7 | $30.3 | $46.1 | | Adjustments (Depreciation, Share-based comp, etc.) | $33.5 | $25.3 | $62.4 | $47.7 | | **Adjusted EBITDA** | **$37.5** | **$44.0** | **$92.7** | **$93.8** | | **Adjusted EBITDA Margin** | **19.5%** | **22.4%** | **22.3%** | **23.5%** | [Liquidity and Capital Resources](index=35&type=section&id=Liquidity%20and%20Capital%20Resources) Liquidity was strengthened by a precautionary $295 million credit facility draw to counter COVID-19 uncertainty - On April 2, 2020, the company borrowed **$295.0 million** under its 2018 Revolving Credit Facility as a precautionary measure to increase its cash position due to COVID-19 uncertainty[180](index=180&type=chunk) - The company's total debt balance was **$973.5 million** as of June 30, 2020[180](index=180&type=chunk) - Excluding customer trust funds, net cash provided by operating activities for H1 2020 was **$12.7 million**, while financing activities provided **$341.1 million**, primarily from the credit facility draw[187](index=187&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=41&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company faces market risks from foreign currency, interest rates, and pension obligations - The company is exposed to foreign currency risk, particularly from the **Canadian Dollar**, but does not currently have an active hedging program[213](index=213&type=chunk) - **Interest rate risk** affects the investment income from customer trust funds, which are invested in high-quality, short-to-medium term securities to protect principal[214](index=214&type=chunk) - The company maintains a frozen U.S. pension plan, with risk tied to actuarial assumptions like asset returns and discount rates; the expected rate of return for 2020 is **5.70%**[217](index=217&type=chunk) [Controls and Procedures](index=42&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of June 30, 2020 - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective as of June 30, 2020**[219](index=219&type=chunk) - **No material changes** were made to internal controls over financial reporting during Q2 2020, despite an increase in remote work due to COVID-19[220](index=220&type=chunk) [PART II. OTHER INFORMATION](index=43&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=43&type=section&id=Item%201.%20Legal%20Proceedings) Current legal proceedings are not expected to have a material adverse effect on the business - Ceridian is not currently a party to any legal proceedings that are expected to have a **material adverse effect** on its business, financial condition, or liquidity[222](index=222&type=chunk) [Risk Factors](index=43&type=section&id=Item%201A.%20Risk%20Factors) Key risks include the COVID-19 pandemic, the new Dayforce Wallet, and reliance on third-party providers - The **COVID-19 pandemic is a major risk**, with potential to adversely affect business through declining customer employment levels, reduced demand, and lower float revenue[224](index=224&type=chunk) - The **Dayforce Wallet service introduces credit risk**, as the company advances wages on behalf of customers who may fail to repay the funds[249](index=249&type=chunk) - The business is subject to a variety of complex U.S. and international laws regarding **privacy and data protection** (e.g., GDPR) and financial services, with non-compliance posing significant risks[231](index=231&type=chunk)[234](index=234&type=chunk)[237](index=237&type=chunk) - The company relies heavily on **third-party service providers** for data centers (NaviSite, Microsoft Azure), payment processing, and other integral business functions[239](index=239&type=chunk)[240](index=240&type=chunk)[242](index=242&type=chunk) - Customer funds held in trust are subject to **market, interest rate, and credit risks**, and any loss of principal could have a material adverse effect on the company's financial condition[253](index=253&type=chunk) [Exhibits](index=49&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including management compensation agreements and officer certifications - Filed exhibits include forms of employee and director equity award agreements, including a **Performance-Based Stock Option Award Agreement for CEO David Ossip**[257](index=257&type=chunk) - **Certifications by the Principal Executive Officer and Principal Financial Officer** pursuant to Sarbanes-Oxley Sections 302 and 906 are included as exhibits[257](index=257&type=chunk)
Ceridian(CDAY) - 2020 Q1 - Quarterly Report
2020-05-06 20:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly reporting period ended March 31, 2020 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-38467 Ceridian HCM Holding Inc. (Exact name of registrant as specified in its charter) Delaware 46-3231686 (State or Other Jurisdict ...
Ceridian(CDAY) - 2019 Q4 - Annual Report
2020-02-28 22:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38467 Ceridian HCM Holding Inc. (Exact name of Registrant as specified in its Charter) Delaware 46-3231686 (State or other jurisdicti ...
Ceridian(CDAY) - 2019 Q3 - Quarterly Report
2019-11-07 21:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly reporting period ended September 30, 2019 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-38467 Ceridian HCM Holding Inc. (Exact name of registrant as specified in its charter) Delaware 46-3231686 (State or Other Juris ...
Ceridian(CDAY) - 2019 Q2 - Quarterly Report
2019-07-30 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly reporting period ended June 30, 2019 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-38467 Ceridian HCM Holding Inc. (Exact name of registrant as specified in its charter) Delaware 46-3231686 (State or Other Jurisdicti ...
Ceridian(CDAY) - 2019 Q1 - Quarterly Report
2019-05-01 20:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly reporting period ended March 31, 2019 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-38467 Ceridian HCM Holding Inc. (Exact name of registrant as specified in its charter) Delaware 46-3231686 (State or Other Jurisdict ...
Ceridian(CDAY) - 2018 Q4 - Annual Report
2019-02-28 21:54
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38467 | --- | --- | |---------------------------------------------------------------------------------------------------|------------ ...