Note 7 - Segment Disclosures

3 Months Ended

Mar. 31, 2013

Segment Reporting Disclosure [Text Block]

7.  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 to determine resource allocation and assess performance.  The Company’s seven reporting segments are: (1) Americas Commercial, (2) Americas Professional and Technical (“Americas PT”), (3) Europe, Middle East and Africa Commercial (“EMEA Commercial”), (4) Europe, Middle East and Africa Professional and Technical (“EMEA PT”), (5) Asia Pacific Commercial (“APAC Commercial”), (6) Asia Pacific Professional and Technical (“APAC PT”) and (7) Outsourcing and Consulting Group (“OCG”).

The Commercial business segments within the Americas, EMEA and APAC regions represent traditional office services, contact-center staffing, marketing, electronic assembly, light industrial and substitute teachers.  The PT segments encompass a wide range of highly skilled temporary employees, including scientists, financial professionals, attorneys, engineers, IT specialists and healthcare workers.  OCG includes recruitment process outsourcing (“RPO”), contingent workforce outsourcing (“CWO”), business process outsourcing (“BPO”), payroll process outsourcing (“PPO”), executive placement and career transition/outplacement services.  Corporate expenses that directly support the operating units have been allocated to the Americas, EMEA and APAC regions and OCG based on a work effort, volume or, in the absence of a readily available measurement process, proportionately based on revenue from services.

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 from continuing operations before taxes, for the 13 weeks ended 2013 and 2012.  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.

	13 Weeks Ended
	2013			2012
	(In millions of dollars)
Revenue from Services:
Americas Commercial	$	638.3		$	669.3
Americas PT		251.0			250.1
Total Americas Commercial and PT		889.3			919.4
EMEA Commercial		201.0			213.0
EMEA PT		43.5			42.2
Total EMEA Commercial and PT		244.5			255.2
APAC Commercial		81.5			88.3
APAC PT		10.2			12.8
Total APAC Commercial and PT		91.7			101.1
OCG		99.0			86.7
Less: Intersegment revenue		(9.7	)		(7.6	)
Consolidated Total	$	1,314.8		$	1,354.8

	13 Weeks Ended
	2013			2012
	(In millions of dollars)
Earnings from Operations:
Americas Commercial gross profit	$	93.5		$	98.0
Americas PT gross profit		40.4			40.2
Americas Region gross profit		133.9			138.2
Americas Region SG&A expenses		(109.2	)		(102.9	)
Americas Region Earnings from Operations		24.7			35.3
EMEA Commercial gross profit		31.1			33.5
EMEA PT gross profit		10.7			11.3
EMEA Region gross profit		41.8			44.8
EMEA Region SG&A expenses		(42.0	)		(44.5	)
EMEA Region (Loss) Earnings from Operations		(0.2	)		0.3
APAC Commercial gross profit		11.6			13.1
APAC PT gross profit		3.3			5.2
APAC Region gross profit		14.9			18.3
APAC Region SG&A expenses		(15.8	)		(19.7	)
APAC Region Loss from Operations		(0.9	)		(1.4	)
OCG gross profit		27.1			23.1
OCG SG&A expenses		(25.4	)		(22.6	)
OCG Earnings from Operations		1.7			0.5
Less: Intersegment gross profit		(0.8	)		(0.7	)
Less: Intersegment SG&A expenses		0.8			0.7
Net Intersegment Activity		0.0			0.0
Corporate		(18.2	)		(20.0	)
Consolidated Total		7.1			14.7
Other Expense, Net		1.0			0.6
Earnings from Continuing Operations Before Taxes	$	6.1		$	14.1