you, Powell the the Good to impact acquisition then fourth GAAP everybody. deferred and quarters Thank results of discuss quarter going excluding that mentioned the tax earlier. XXXX the with results adjusted reevaluation impact morning impacts of liabilities new Consistent the revenue earn-outs, of our our our of standard and Powell. previous we’re
for the comparison growth XXXX. standard the better provide of in order to we of a of As revenue impact a have organic reminder exclude new calculation
Moving on non-GAAP GAAP presents certain financial number our and eight, slide highlights. this
declining For revenues growth decrease the a result with revenues fourth quarter X%. recorded organic quarter we exceeded would've is revenue organic and X.X%. delivered revenue total organic The revenue in fourth of revenues XXXX. growth claims are the X.X% processing Isolating these the in of
we Our income new points, by claims basis both processing EBITDAC by revenue fourth income quarter realized which impacted before X.X% the declined our negatively the the by revenue and XXXX. this of of XX quarter in were and taxes standard decreased
$X.XX or The deferred million or $XX.X to decreased XX.X% or net versus share. million the $XXX $XXX per $X.XX quarter our fourth of was by XXXX one-time fourth benefit declined to $X.XX income the $X.XX by XXXX. of earnings share million income net quarter in in of recorded Our and per diluted tax XX.X%
of impact our revenues estimated the pretax new $X the negatively revenue in million. we range of by to the standard negative earnings the impact fourth million be to the X $X During zero quarter and XXXX third call million for income quarter impact of to to
tax impacted diluted reform impact a share income and the net by was million. lower of the and negative pretax a XXXX quarter million For actual in recorded one-time per $X.X the was benefit quarter and activity. $X the processing the claims impact were of the revenue negative Net fourth income
primarily decreased in number and quarter of initiated of was in driven the of quarter approximately first repurchases XXX,XXX completed the XXXX. by XXXX, fourth quarter weighted to compared outstanding the share of this average XXXX fourth we shares we the Our as
expected quarter dilution program. initiated the to Hays the million of XXXX also This is $XXX accelerated acquisition. share the fourth a repurchase with offset we associated During
to plans. with manage before associate we creep periodically repurchase our in discussed intend equity the XXXX we As still share shares to
Our keep goal count is to flat. our share generally
$X.XX dividends per share XXXX. our X.X% by increased to compared or Lastly
both our revenue revaluation quarter number record new in XXXX, provides estimated one-time fourth after for Moving presents the basis. results acquisition a over in of slide the This the comparable earn-outs approach in payables tax slide standard this The impact and removing the nine. adjustment XXXX years. more change
and slides of income rate processing non-cash increased For income the few a EBITDAC by incremental our revenues growth the was before interest increased by In was during due claims components lower stock in by year. The X.X%. EBITDAC the the acquisitions we'll to taxes our XXXX quarter driven cost increased lower more with income about and completed year-over-year. talk margin The XXXX. X.X% change and income associated before decreased growth in we tax amortization compensation X.X%, primarily revenues rate for the by
XX% was was income our quarter share which income of lower of growing by to by fourth for benefited Our for income as fourth metrics XXXX. the per $X.XX XX.X%. the from net XX.X% grew compared diluted Both tax XX.X% quarter federal net and these rate
Moving key over to performance. slide the our number components XX. of presents slide This revenue
commissions For as the increased XXXX. quarter, to X.X% by compared total and our fees
to $X.X the Our contingent driven million as commissions adoption revenue XXXX, compared by increased new of the entirely which to standard. almost was
dates year rather not down impacted reminder the were we XXX,XXX previous throughout recognize year-over-year received upon when the by supplemental our Guaranteed commissions now the adoption standard. revenue a per As of were commissions underlying than the contingent policies effective treatment. the of and
we activity core Our of declined growth of million or When and M&A by impact revenue the fees the isolate standard net organic new and revenue $XX the commissions X.X%. impact increased our X.X%.
our drivers. Keep our $XX.X about we've expectations. rate quarterly approximate components our margin highlighted We’ll with represents the and XXXX. for quarter and XXth. Hays slide regarding in over this earlier of insight line million, approximately quarterly main this margin points information by Later the As additional our to growth growth from The in to was impacted is the rate organic provide effective lower negatively materially for only mind impacted margin additional number acquisition presentation XX would've basis we’ll XX this of days in for XXXX EBITDAC revenue been the Hays provide acquisition the some a X%. November of included numbers processing EBITDAC of by claims isolating to move the with operations our XX in XXXX this walk-through noted and revenues
The accounts new non-cash we our revenue Other XX the significant stock the margin as about the retention of margin decrease have margins teammates. more a costs XX decline by to During quarter basis points. basis and increased due higher standard than revenue the impact realized claims point financial compensation performance incremental year-over-year reflects to for quarter in impacted processing the negatively which for year-over-year. our
performance-based also one-time We businesses. most had for certain the significant some items, being bonuses
as an segment of we the segments business slide our excluding new following of by revenue On We’ve the impact a basis reconciliation standard. as the in reported the include on as results appendix. presented well the
is XX. start retail ahead on which and go with Let’s slide
fourth primarily of more from XX%. systems increased quarter by investment performing revenue stock-based growth. of compensation interest earlier amortization management the our inter-company was total good $XX incremental for XX.X% acquisitions million grew revenue the This expense our as in XX and million or as from quarter excluding delivered When and the of the our we EBITDAC XX we to non-cash margin delivered income declined benefited it of or was two we These impact million new a as acquisitions upgrade million cost completed past taxes segment was For revenues The $X our When million segment. quarter. our for income the the offset our $XX we revenue allocations by new technology driven standard months equity the Overall increased of points. before higher are agency total our revenues the cost. growth year. leveraging expansion resulting and by retail by $XX revenues underlying during quarter margin excluding $XX and completed $XX intercompany Total as items the plans in the mentioned for revenue. growth our contributed by revenue increase that impacted well during basis higher-than-expected decline than retail negative over impact incremental for standard X.X% the organic million
slide XX; from more would’ve a over organic of million processing decreased over number and to well new revenues, and as activity by quarter due in new or revenues expense. organic due the as lower impact primarily lower to to declined revenue partially interest for claims revenue revenues the These by to revenue offset EBITDAC $XX.X lower due this decrease revenues, processing slide decreased year-end offset XX.X% EBITDAC. revenues claims wholesale acquisitions. segment year-over-year decline $X approximately incremental the national segment number the before by bonuses, on revenues of program organic and both The lower finalization the base declined other the performance impact of for the and from million certain Over been by $X calculations for XX. XX.X% new million revenue associated Without excluding with primarily XX%, new non-cash claims the about programs $XX our significantly processing the XX% Moving standard. was million cost. than taxes standard X%. and standard the of compensation intercompany revenue to Income activity revenues items standard income was claims slightly growth was
growth X.X% revenue Excluding wholesale revenue the the impact revenue delivered standard of brokerage of growth new segment total and organic of the X.X%.
compensation excluding Our non-cash impacted stock-based basis cost. decrease the margin standard increase intercompany revenue technology XXX was EBITDAC allocations the The quarter. decreased by new contingent points higher commissions, lower and for
total segment the before and contributing the quarter the lower by delivered liability expense. a but million revenue X.X% in standard revenues basis to excluding acquisition from income completed XX The primarily the growth by revenue $X driven margin total XX% impact XXXX. third by the for new we an interest services earn-out same income Our intercompany and factors of grew standard benefiting revenue decreased change tax points, impacted EBITDAC expense margin acquisition excluding
claims businesses grow. declined about about processing and as $X.X Our activity. lower revenue would’ve claims This volumes were driven X% organic organic revenue growth year-over-year continue its year-over-year million was X.X% to by consistent most weather-related decline been
by The margins growth quarter. our lower XXXX due higher charges revenue interest results number presented we by XX the income X.X% before slide intercompany for for new acquisition driven basis to points taxes were third growth. On GAAP EBITDAC and our increased standard our quarter revenue of For income the expanded full-year the leveraging excluding for and the XXXX. XX, the
per For delivered and share earnings of we $X.XX. X% XXXX of growing revenues, $X,XXX,XXX,XXX
certain and by million. highlights. presented decreased also to all XX. moving slide number we year parts shares difficulty financial the total this and non-GAAP we approximately the with slide to For GAAP outstanding on Due our comparability Over X
For year earn-out new revenue in adjusted the the XXXX the the full impact of we payables and acquisition for change standard.
or it's XXXX first For year settlement impact in the we of believe the can had the payables, we earn-out for the tax the the of legal we impact quarter. realized year the decrease adjusted to quarter or full are one-time them. reform we acquisition business fourth in change the helpful and increase and the Since evaluate these by in excluding nonrecurring non-cash
the $XX.X $XXX claims a revenue is revenues million, Isolating For the which in of would our X% and approximate Brown decrease organic our revenues total growth for our Brown. million processing & X.X%. year-over-year X.X% or year or organic an year be grew grew really million good $XX revenues
grew higher claims X.X% core investment primarily expense. as commercial amortization this our grew the by before XXXX interest non-cash by and EBITDAC to due Our program impacted and income by compensation X% completed was the processing additional to related revenue, taxes as year. we stock Income in well acquisitions the
grew per income share the to federal tax XX% XXXX and $X.XX net as rate. lower compared by earnings a or increased XX% benefiting by $X.XX Our to from
revenue team a in XXXX this services XX; effective quarterly and Over on XX% revenues slide slide presents with of new decreasing the of the rate revenue certain implementation standard gross XXXX. to now record XX.X% the the tax standard. Our impact full-year number of In was the basis. for new we connection segment in from our
fees to XXXX commissions other of full-year For this $XX expense operating and million. $XX and the was increase an core million change the total impact of of
nonrecurring million million. $X approximately have our segment. full-year $X income consideration your adjustment quarter As Isolating for the program the before income we the benefit to million XXXX. both revenue income within into a Please to been take impact tax national these items would $X modeling in in and one-time recorded reminder third
regarding provide annual Moving slide performance number for Hays. like some information to anticipated over to additional the XX we’d
continue per profit Brown We revenues million business. share estimated for quarterly XXXX. of the revenue impact you of to expected deliver phasing into due $XXX quarter we percentage your $XX EBITDAC quarterly significant million to income shift of $XXX new view regarding outlook chart $X.XX first benefits believe will net high & and and standard, revenues, of have comments for current remainder the employee the of million Hays phasing the that of $XX account and to to closing for the to The some shows million Please take our similar this Brown. items. what of into a will annual $X.XX XXXX. diluted Hays to the models build of We few got on incorporates when
continued Let’s placed improving our economy business first customers. our previous in mind as about program our within impacting bank are that one. the consolidations headwinds material national Keep and anticipating comments lender to segment the due we’re see
continued decline into and expect this is from revenue called $X This adjustment pressure in We million XXXX. in of $X the believe standard XXXX. new addition in out million one-time million $X anywhere XXXX to we to third could quarter business the
versus XXXX higher within new of fluctuate quarter of in that security average want to XXXX. most business, we lower impact full-year the of on We the We the full-year. advocacy revenues would for due not book the therefore million expect may revenue first average the completion work Due segment the organic We’re for claims anticipate about business. to then to our segment to $X second advocacy than in revenues in the for social do XXXX retail expecting quarter, resulting we from revenues pressure to to a the of the and our services be standard. to be everyone million realized our $X the fact recur that under by lower remind the quarter had of
certain As costs result we’ve higher over as grants. the discussed past a compensation performance stock increasing quarters two of been of our has
need in million XXXX Interest trend million. million to and stock $X in of Both borrowings excluding to amortization estimated assumptions that so additional non-cash and make range XXXX, for anticipate XXXX XXXX. should be compensation and your should to these this million interest the million $XX continue are own $XXX the into for in range increase $XX be costs to and amortization expect you $XXX acquisitions could or expense any may of items. expense We regarding occur three
be our of tax year. range effective We XX% rate for law various completed result to of and the the acquisitions XX% XXXX full-year throughout as expect in the our geographic the of to changes state a tax mix
now to it back turn closing turn over comments. I'll me Powell Let -- it for
