{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-051266","form_type":"8-K","ticker":"BBSI","cik":"0000902791","company_name":"BARRETT BUSINESS SERVICES INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.387491+00:00","generated_at":"2026-06-03T03:45:07.186557+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"BBSI reports Q1 revenue $265.8M (+4% YoY); net loss $0.1M due to payroll tax seasonality","bullets":["Revenue $265.8M (+4% YoY); gross billings $1.91B (+7% YoY). Net loss $0.1M ($0.02/diluted share) vs net income $0.8M ($0.12/diluted share) a year ago.","Payroll taxes and benefits (8.5% of gross billings) increased from 8.1%, causing seasonal Q1 net loss.","Workers' comp expense improved to 2.6% of gross billings, helped by $3.0M favorable prior-year adjustments.","Declared $0.30 quarterly dividend payable May 31 to record holders May 17; $51.9M remains under buyback program.","FY2024 outlook reaffirmed: gross billings +6-8%, WSE +4-5%, gross margin 2.95-3.15%, tax rate 26-27%."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-051266","json":"https://secwatch.observer/filing/0000950170-24-051266.json","markdown":"https://secwatch.observer/filing/0000950170-24-051266.md","text":"https://secwatch.observer/filing/0000950170-24-051266.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/902791/000095017024051266/0000950170-24-051266-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/902791/000095017024051266/bbsi-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:45:07.186557+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":"f2dd3370671b8f84574af1883395763ca62c409f","claim":"BARRETT BUSINESS SERVICES INC reported first quarter ended March 31, 2024 results: revenue $265.8 million, net income Net loss of $0.1 million, EPS $(0.02) per diluted share.","evidence_excerpt":"BBSI Reports Strong First Quarter 2024 Financial Results - Revenues of $265.8 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/902791/000095017024051266/0000950170-24-051266-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$265.8 million"},{"label":"Net income","value":"Net loss of $0.1 million"},{"label":"EPS","value":"$(0.02) per diluted share"},{"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"}