morning you, Thank everyone. Jerry and good
results quarter strong. were third Our very
be into per For earnings our to a pleased to growth XX.X% the nine topline we in leverage months, growth share. able are
earnings continues year. there year investment of of our over spending XX% to be end full near expectation be the prior share As further higher Jerry the outlined, growth fourth our XX% and the in to quarter for year will full per
of financing Adjusted leverage nine approximately in $XXX borrowed a million unsecured million with September This on is of business XX, to very we year by for EBITDA unused million continues At X.X $XXX.X million performance the had flow be strong. facility. ago. capacity. Cash to the our from $XXX.X $XXX up EBITDA times of XX.X% credit months million results $XXX
of $XX.X revenue annualized the priority make have to of that this and use will seven past six over $XX.X acquisitions. for contribute capital the we of we is year, closed To-date million have revenue. annualized million closed strategic contribute XX transactions will first months, transactions that Our approximately approximately
Through of closed the acquisitions, earn-outs on September this $XX.X including on XX is payment previously year, approximately acquisitions spending million.
Over of acquisitions. million use the remainder this on expect payments we an $X.X prior additional to year, earn-out for
potential million $X.X and acquisitions. of always on For XXXX, XXXX, million financing we We earn-outs approximately have pursue million capacity previous acquisitions of $XX.X under we review. full a do for for have expect to strategic for to and use approximately and then $X.X XXXX approximately acquisitions plenty pipeline
will the and evaluate the We use and also repurchases. continue flexibility share to cash of capacity for have
Through $XX our approximately X.X September a million at of XX, approximately shares we of cost million. stock have repurchased common
on increase is invoicing to with year. that September that year, driven full days continue compared year diluted outstanding with activities are XX this within Days number a weighted by sales for this a of associated with year this We XX.X at a stood dealt million share we shares at The average year. year extensions XX earlier range largely days project earlier. count million XX this a to the fully receivables of XX tax
the sales normal As end are on payments we outstanding receivables. by received year is expect as significantly days our of outstanding will the client seasonal pattern, the reduce
tenant that some plus spending renewals purchases. lease improvements are or maintenance associated Capital moves, of with CBIZ at facility by IT-related is level related largely driven
million. capital September ended $X.X in estimate months quarter spending of for approximately nine spending to third was million the $XX.X approximately full within spending $XX the range For was million. year, the And XX, million. a we $XX Capital
in Now deferred results assets our or adjusting reported to compensation gains the the plan. of impact held accounting eliminate for losses on
months operating was For year September income nine the with the XX, a ended adjusted XX.X% XX.X% ago. margin compared
adjustments. components outline the earnings As these footnotes always, for the in release the
estimate rate tax was this the of approximately a XX.X%. effective point, the nine we XX.X%. this The tax for continue rate tax quarter full year effective effective XX%. for At year, rate the was And months to
a reminder than either unpredictable stock higher number this lower effective as rate by expense, variables. and depending on can compensation accounting or estimate However, of tax our be the for is impacted the a
commented, quarter in more quarter. fourth upon the to spending Looking on the can as fourth difficult project additional Jerry dependent more expect incur initiatives towards work is be estimate. we Plus therefore and of balance the it strategic year, to
expect prior year. the growth year earnings a to in near share of per XX% the higher to we full the for factors, over end XX% be these range Considering of growth
growth Our the is expected performing To healthy well. core second half business half revenue to we is in rate. reiterate, and very than our first mid-year, the at rate be greater growth guidance
prior by expect third growth With units. business revenue project to with was full aided range of growth X.X% compared within continue work X%. revenue in strong, year, half a at second particularly X% of we the early The quarter several nine-month to year the timing
higher I I And as rate, this approximately tax the lower or again, expected reasons for be effective could earlier, year full earlier. at Our either commented XX%. is outlined
the to-date XX shares activity With we million share diluted expecting range the for repurchase to of are within average full count XX.X the weighted this share million of a year. year impact fully
and back will So conclude comments, I'll I it Jerry. to these turn with over
