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Segment Disclosures
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Disclosures Segment Disclosures 
The Company’s segments are based on the organizational structure for which financial results are regularly evaluated by the Company’s chief operating decision-maker (the Company’s CEO) to determine resource allocation and assess performance. The Company’s three reportable segments, (1) Americas Staffing, (2) GTS and (3) International Staffing, reflect how the Company delivers services to customers and how its business is organized internally. Intersegment revenue represents revenue earned between the reportable segments and is eliminated from total segment revenue from services.
Americas Staffing represents the Company’s branch-delivered staffing business in the U.S., Canada, Puerto Rico, Mexico and Brazil. International Staffing represents the EMEA region branch-delivered staffing business. Americas Staffing and International Staffing both deliver temporary staffing, as well as direct-hire placement services, in office-clerical, light industrial, and professional/technical specialties within their geographic regions. Americas Staffing also includes educational staffing in the U.S.
GTS combines the delivery structure of the Company’s outsourcing and consulting group and centrally delivered staffing business. It reflects the trend of customers towards the adoption of holistic talent solutions which combine contingent labor, full-time hiring and outsourced services. GTS includes centrally delivered staffing, RPO, CWO, BPO, PPO, KellyConnect, career transition/outplacement services and talent advisory services.
Corporate expenses that directly support the operating units have been allocated to Americas Staffing, GTS and International Staffing based on work effort, volume or, in the absence of a readily available measurement process, proportionately based on gross profit realized. Unallocated corporate expenses include those related to incentive compensation, law and risk management, certain finance and accounting functions, executive management, corporate campus facilities, IT production support, certain legal costs and expenses related to corporate initiatives that do not directly benefit a specific operating segment.
The following tables present information about the reported revenue from services and gross profit of the Company by segment, along with a reconciliation to consolidated earnings (loss) before taxes and equity in net earnings (loss) of affiliate, for the second quarter and June year to date 2019 and 2018. Asset information by reportable segment is not presented, since the Company does not produce such information internally nor does it use such data to manage its business.
 
Second Quarter
 
June Year to Date
 
2019
 
2018
 
2019
 
2018
 
(In millions of dollars)
Revenue from Services:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Americas Staffing
$
597.6

 
$
604.0

 
$
1,224.1

 
$
1,208.3

Global Talent Solutions
505.9

 
500.7

 
1,006.9

 
986.5

International Staffing
268.1

 
286.6

 
527.0

 
571.3

 
 
 
 
 
 
 
 
Less: Intersegment revenue
(4.1
)
 
(4.4
)
 
(7.9
)
 
(9.3
)
 
 
 
 
 
 
 
 
Consolidated Total
$
1,367.5

 
$
1,386.9

 
$
2,750.1

 
$
2,756.8












 
Second Quarter
 
June Year to Date
 
2019
 
2018
 
2019
 
2018
 
(In millions of dollars)
Earnings from Operations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Americas Staffing gross profit
$
108.8

 
$
108.5

 
$
226.0

 
$
216.5

Americas Staffing SG&A expenses
(93.2
)
 
(90.7
)
 
(194.4
)
 
(182.6
)
Americas Staffing Earnings from Operations
15.6

 
17.8

 
31.6

 
33.9

 
 
 
 
 
 
 
 
Global Talent Solutions gross profit
99.7

 
92.7

 
200.1

 
184.5

Global Talent Solutions SG&A expenses
(74.3
)
 
(75.0
)
 
(149.0
)
 
(150.8
)
Global Talent Solutions Earnings from Operations
25.4

 
17.7

 
51.1

 
33.7

 
 
 
 
 
 
 
 
International Staffing gross profit
36.1

 
39.9

 
70.7

 
79.0

International Staffing SG&A expenses
(32.6
)
 
(33.5
)
 
(63.9
)
 
(67.6
)
International Staffing Earnings from Operations
3.5

 
6.4

 
6.8

 
11.4

 
 
 
 
 
 
 
 
Less: Intersegment gross profit
(0.6
)
 
(0.6
)
 
(1.2
)
 
(1.3
)
Less: Intersegment SG&A expenses
0.6

 
0.6

 
1.2

 
1.3

Net Intersegment Activity

 

 

 

 
 
 
 
 
 
 
 
Corporate
(9.7
)
 
(21.5
)
 
(37.9
)
 
(46.6
)
Consolidated Total
34.8

 
20.4

 
51.6

 
32.4

Gain (loss) on investment in Persol Holdings
61.2

 
(52.5
)
 
74.4

 
(28.8
)
Other income (expense), net
0.2

 
0.6

 
(0.9
)
 
(1.1
)
 
 
 
 
 
 
 
 
Earnings (loss) before taxes and equity in net earnings (loss) of affiliate
$
96.2

 
$
(31.5
)
 
$
125.1

 
$
2.5