Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today reported results for the second quarter and six months ended June 30, 2012. For the second quarter, the company reported net income of $5.6 million and diluted earnings per share of $0.22. For the six months ended June 30, 2012, the company reported net income of $19.5 million, a 25.6% increase over the $15.5 million earned in the 2011 period. Diluted earnings per share were $0.75, an increase of 27.1% over the 2011 period. “We are pleased with the quarter and the first half of 2012, especially against the backdrop of a slowing economy,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “We are positioned well to continue our business transformation, including cross-selling current and new product offerings over the balance of the year.” Second Quarter Results Revenues for the second quarter of 2012 increased 9.8% over the second quarter of 2011 due to an 8.3% increase in the average number of worksite employees paid per month and a 1.3% increase in revenues per worksite employee per month. Gross profit increased 4.1% over the second quarter of 2011 to $87.3 million. The average gross profit per worksite employee per month decreased $10, or 4.1% to $234, compared to the second quarter of 2011. Gross profit results included better than expected results from workers’ compensation and payroll taxes, including a $2.9 million payroll-related tax credit, offset by an adjustment for higher than expected runoff of health insurance claims incurred in prior quarters. Operating expenses increased 7.5% to $77.9 million compared to the second quarter of 2011. This increase included costs associated with the Insperity Championship TM professional golf tournament, moved from its historical fourth quarter date to the second quarter. In addition, 2012 included higher salaries and wages due in part to our adjacent businesses, partially offset by the non-recurrence of expenses related to our 2011 rebranding initiative. Operating expenses per worksite employee per month decreased 0.9% to $209 in the 2012 quarter compared to $211 in the 2011 quarter. Year-to-Date Results Year-to-date revenues were $1.1 billion, an increase of 10.4% over the 2011 period. Gross profit for the six months ended June 30, 2012, increased 8.9% to $190.3 million. The average gross profit per worksite employee per month increased $1, or 0.4%, to $258 in the 2012 period from $257 in the 2011 period.