{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-005526","form_type":"8-K","ticker":"BBSI","cik":"0000902791","company_name":"BARRETT BUSINESS SERVICES INC","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.488979+00:00","generated_at":"2026-06-18T19:41:40.970257+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BBSI Q4 net income $11.5M ($1.64 EPS); full-year revenue $1.05B, up 10%; declares $0.30 dividend","bullets":["Q4 net income $11.5M ($1.64 diluted EPS) vs $10.6M ($1.40) in prior year; revenues $272M, up 6%.","Full-year 2022 net income $47.3M ($6.54 diluted EPS) vs $38.1M ($5.00); revenues $1.05B, up 10%.","Average worksite employees up 6% in Q4 and 8% for full year; gross billings up 8% and 13% respectively.","Board declared quarterly cash dividend of $0.30 per share, payable March 31, 2023 to holders of record March 17, 2023.","CEO cites strong finish and plans to launch health benefits offering nationwide in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-005526","json":"https://secwatch.observer/filing/0000950170-23-005526.json","markdown":"https://secwatch.observer/filing/0000950170-23-005526.md","text":"https://secwatch.observer/filing/0000950170-23-005526.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/902791/000095017023005526/0000950170-23-005526-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/902791/000095017023005526/bbsi-20230301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T19:41:40.970257+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"75b8e337e4bfff6b8859b7d2e73184b51477fbfa","claim":"BARRETT BUSINESS SERVICES INC reported the full year ended December 31, 2022 results: revenue $1.05 billion, net income $47.3 million, EPS $6.54 per diluted share. Guidance initiated.","evidence_excerpt":"Full Year 2022 Financial Summary vs. 2021 • Revenues up 10% to $1.05 billion. • Gross billings up 13% to $7.39 billion. • Average WSEs up 8%. • Net income up to $47.3 million, or $6.54 per diluted share, compared to $38.1 million, or $5.00 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/902791/000095017023005526/0000950170-23-005526-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$1.05 billion"},{"label":"Net income","value":"$47.3 million"},{"label":"EPS","value":"$6.54 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9b62d6a04d63433cc951d03e4a50c05d58ab88a3","claim":"BARRETT BUSINESS SERVICES INC reported the fourth quarter ended December 31, 2022 results: revenue $272.0 million, net income $11.5 million, EPS $1.64 per diluted share. Guidance initiated.","evidence_excerpt":"Fourth Quarter 2022 Financial Summary vs. Prior Year Quarter • Revenues up 6% to $272.0 million. • Gross billings up 8% to $1.95 billion. • Average worksite employees (“WSEs”) up 6%. • Net income up to $11.5 million, or $1.64 per diluted share, compared to $10.6 million, or $1.40 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/902791/000095017023005526/0000950170-23-005526-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$272.0 million"},{"label":"Net income","value":"$11.5 million"},{"label":"EPS","value":"$1.64 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}