XML 42 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Data (Tables)
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of segment reporting information
 
3 Months Ended
9 Months Ended
 
September 30,
September 30,
 
2017
 
2016
 
2017
 
2016
Revenues from services:
 
 
 
 
 
 
 
  Americas:
 
 
 
 
 
 
 
    United States (a)
$
659.9

 
$
723.7

 
$
1,992.7

 
$
2,152.1

    Other Americas
401.6

 
383.7

 
1,151.9

 
1,082.2

 
1,061.5

 
1,107.4

 
3,144.6

 
3,234.3

  Southern Europe:
 
 
 
 
 
 
 
          France
1,481.7

 
1,277.8

 
3,975.5

 
3,608.8

           Italy
386.1

 
299.0

 
1,047.0

 
861.9

    Other Southern Europe
450.6

 
389.5

 
1,235.5

 
1,114.7

 
2,318.4

 
1,966.3

 
6,258.0

 
5,585.4

 
 
 
 
 
 
 
 
  Northern Europe
1,367.9

 
1,300.1

 
3,888.3

 
3,836.3

  APME
665.4

 
650.9

 
1,941.2

 
1,841.7

  Right Management
51.6

 
63.5

 
164.7

 
200.3

  Consolidated (b)
$
5,464.8

 
$
5,088.2

 
$
15,396.8

 
$
14,698.0

 
 
 
 
 
 
 
 
Operating unit profit: (c)
 
 
 
 
 
 
 
  Americas:
 
 
 
 
 
 
 
    United States
$
43.6

 
$
41.0

 
$
114.6

 
$
103.8

           Other Americas
16.0

 
14.0

 
41.4

 
39.4

 
59.6

 
55.0

 
156.0

 
143.2

  Southern Europe:
 
 
 
 
 
 
 
          France
77.1

 
68.9

 
197.4

 
183.6

           Italy
24.2

 
18.4

 
70.0

 
57.3

    Other Southern Europe
16.2

 
13.7

 
41.4

 
34.1

 
117.5

 
101.0

 
308.8

 
275.0

 
 
 
 
 
 
 
 
  Northern Europe
49.4

 
53.9

 
93.6

 
124.2

  APME
27.4

 
25.3

 
70.8

 
66.8

  Right Management
8.1

 
8.8

 
25.4

 
32.8

 
262.0

 
244.0

 
654.6

 
642.0

 Corporate expenses
(25.3
)
 
(23.9
)
 
(79.5
)
 
(76.2
)
 Intangible asset amortization expense
(8.8
)
 
(9.0
)
 
(25.6
)
 
(27.0
)
           Operating profit
227.9

 
211.1

 
549.5

 
538.8

 Interest and other expenses
(10.9
)
 
(11.4
)
 
(36.2
)
 
(34.4
)
  Earnings before income taxes
$
217.0

 
$
199.7

 
$
513.3

 
$
504.4


(a)
In the United States, where a majority of our franchises operate, revenues from services included fees received from the related franchise offices of $3.9 and $4.1 for the three months ended September 30, 2017 and 2016, respectively, and $11.0 and $11.1 for the nine months ended September 30, 2017 and 2016, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $164.3 and $179.8 for the three months ended September 30, 2017 and 2016, respectively, and $487.6 and $511.5 for the nine months ended September 30, 2017 and 2016, respectively.

(b)
Our consolidated revenues from services include fees received from our franchise offices of $6.4 and $6.3 for the three months ended September 30, 2017 and 2016, respectively, and $17.5 and $17.2 for the nine months ended September 30, 2017 and 2016, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $272.9 and $273.1 for the three months ended September 30, 2017 and 2016, respectively, and $759.3 and $762.1 for the nine months ended September 30, 2017 and 2016, respectively.

(c)
We evaluate segment performance based on OUP, which is equal to segment revenues less cost of services and branch and national headquarters operating costs. This profit measure does not include goodwill and intangible asset impairment charges or amortization of intangibles related to acquisitions, interest and other income and expense amounts or income taxes.