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Revenue Recognition
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

(3) Revenue Recognition

For certain client contracts where we recognize revenues over time, we recognize the amount that we have the right to invoice, which corresponds directly to the value provided to the client of our performance to date.

We do not disclose the amount of unsatisfied performance obligations for client contracts with an original expected length of one year or less and those client contracts for which we recognize revenues at the amount to which we have the right to invoice for services performed. We have other contracts with revenues expected to be recognized subsequent to June 30, 2022, related to remaining performance obligations, which are not material.

We record accounts receivable when our right to consideration becomes unconditional. Contract assets primarily relate to our rights to consideration for services provided that they are conditional on satisfaction of future performance obligations. We record contract liabilities (deferred revenue) when payments are made or due prior to the related performance obligations being satisfied. The current portion of our contract liabilities is included in accrued liabilities in our Consolidated Balance Sheets. We do not have any material contract assets or long-term contract liabilities.

Our deferred revenue was $27.3 as of June 30, 2022 and $34.8 as of December 31, 2021.

In the following table, revenue is disaggregated by service types for each of our reportable segments. See Note 2 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for descriptions of revenue service types.

 

 

Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Staffing
and
Interim

 

 

Outcome-
Based
Solutions
and
Consulting

 

 

Permanent
Recruitment

 

 

Other

 

 

Total

 

 

Staffing
and
Interim

 

 

Outcome-
Based
Solutions
and
Consulting

 

 

Permanent
Recruitment

 

 

Other

 

 

Total

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

742.7

 

 

$

65.9

 

 

$

58.0

 

 

$

37.3

 

 

$

903.9

 

 

$

527.0

 

 

$

33.5

 

 

$

31.9

 

 

$

36.4

 

 

$

628.8

 

Other Americas

 

 

331.9

 

 

 

12.5

 

 

 

12.9

 

 

 

1.5

 

 

 

358.8

 

 

 

393.8

 

 

 

11.0

 

 

 

7.9

 

 

 

2.8

 

 

 

415.5

 

 

 

 

1,074.6

 

 

 

78.4

 

 

 

70.9

 

 

 

38.8

 

 

 

1,262.7

 

 

 

920.8

 

 

 

44.5

 

 

 

39.8

 

 

 

39.2

 

 

 

1,044.3

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

1,149.9

 

 

 

68.3

 

 

 

16.4

 

 

 

3.6

 

 

 

1,238.2

 

 

 

1,241.1

 

 

 

83.6

 

 

 

15.0

 

 

 

7.1

 

 

 

1,346.8

 

Italy

 

 

423.9

 

 

 

9.2

 

 

 

14.5

 

 

 

6.7

 

 

 

454.3

 

 

 

443.4

 

 

 

8.2

 

 

 

11.8

 

 

 

5.7

 

 

 

469.1

 

Other Southern Europe

 

 

403.0

 

 

 

87.2

 

 

 

15.9

 

 

 

2.8

 

 

 

508.9

 

 

 

495.6

 

 

 

94.3

 

 

 

13.2

 

 

 

3.4

 

 

 

606.5

 

 

 

 

1,976.8

 

 

 

164.7

 

 

 

46.8

 

 

 

13.1

 

 

 

2,201.4

 

 

 

2,180.1

 

 

 

186.1

 

 

 

40.0

 

 

 

16.2

 

 

 

2,422.4

 

Northern Europe

 

 

900.2

 

 

 

52.7

 

 

 

47.0

 

 

 

27.2

 

 

 

1,027.1

 

 

 

1,067.6

 

 

 

66.6

 

 

 

36.1

 

 

 

20.2

 

 

 

1,190.5

 

APME

 

 

455.6

 

 

 

98.8

 

 

 

40.5

 

 

 

8.8

 

 

 

603.7

 

 

 

465.5

 

 

 

102.1

 

 

 

39.8

 

 

 

12.5

 

 

 

619.9

 

 

 

 

4,407.2

 

 

 

394.6

 

 

 

205.2

 

 

 

87.9

 

 

 

5,094.9

 

 

 

4,634.0

 

 

 

399.3

 

 

 

155.7

 

 

 

88.1

 

 

 

5,277.1

 

Intercompany Eliminations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(20.8

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

$

5,074.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

5,277.1

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Staffing
and
Interim

 

 

Outcome-
Based
Solutions
and
Consulting

 

 

Permanent
Recruitment

 

 

Other

 

 

Total

 

 

Staffing
and
Interim

 

 

Outcome-
Based
Solutions
and
Consulting

 

 

Permanent
Recruitment

 

 

Other

 

 

Total

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

1,482.6

 

 

$

123.0

 

 

$

112.2

 

 

$

75.5

 

 

$

1,793.3

 

 

$

1,037.1

 

 

$

62.3

 

 

$

60.4

 

 

$

77.8

 

 

$

1,237.6

 

Other Americas

 

 

668.8

 

 

 

24.5

 

 

 

24.1

 

 

 

3.2

 

 

 

720.6

 

 

 

768.7

 

 

 

20.9

 

 

 

14.0

 

 

 

6.0

 

 

 

809.6

 

 

 

 

2,151.4

 

 

 

147.5

 

 

 

136.3

 

 

 

78.7

 

 

 

2,513.9

 

 

 

1,805.8

 

 

 

83.2

 

 

 

74.4

 

 

 

83.8

 

 

 

2,047.2

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

2,251.4

 

 

 

138.6

 

 

 

32.9

 

 

 

7.7

 

 

 

2,430.6

 

 

 

2,325.1

 

 

 

170.1

 

 

 

27.8

 

 

 

12.7

 

 

 

2,535.7

 

Italy

 

 

841.7

 

 

 

17.3

 

 

 

28.2

 

 

 

12.1

 

 

 

899.3

 

 

 

824.9

 

 

 

15.9

 

 

 

21.5

 

 

 

9.6

 

 

 

871.9

 

Other Southern Europe

 

 

846.5

 

 

 

181.3

 

 

 

31.7

 

 

 

5.9

 

 

 

1,065.4

 

 

 

956.4

 

 

 

186.9

 

 

 

24.9

 

 

 

6.9

 

 

 

1,175.1

 

 

 

 

3,939.6

 

 

 

337.2

 

 

 

92.8

 

 

 

25.7

 

 

 

4,395.3

 

 

 

4,106.4

 

 

 

372.9

 

 

 

74.2

 

 

 

29.2

 

 

 

4,582.7

 

Northern Europe

 

 

1,877.3

 

 

 

107.7

 

 

 

92.3

 

 

 

44.3

 

 

 

2,121.6

 

 

 

2,086.4

 

 

 

131.4

 

 

 

65.6

 

 

 

40.9

 

 

 

2,324.3

 

APME

 

 

918.7

 

 

 

208.1

 

 

 

77.7

 

 

 

17.4

 

 

 

1,221.9

 

 

 

946.3

 

 

 

200.5

 

 

 

77.2

 

 

 

23.3

 

 

 

1,247.3

 

 

 

 

8,887.0

 

 

 

800.5

 

 

 

399.1

 

 

 

166.1

 

 

 

10,252.7

 

 

 

8,944.9

 

 

 

788.0

 

 

 

291.4

 

 

 

177.2

 

 

 

10,201.5

 

Intercompany Eliminations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(35.3

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

$

10,217.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

10,201.5

 


In the following table, revenue is disaggregated by timing of revenue recognition for each of our reportable segments:

 

 

Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Services
transferred
over time

 

 

Services
transferred
at a point
in time

 

 

Total

 

 

Services
transferred
over time

 

 

Services
transferred
at a point
in time

 

 

Total

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

871.0

 

 

$

32.9

 

 

$

903.9

 

 

$

611.7

 

 

$

17.1

 

 

$

628.8

 

Other Americas

 

 

350.7

 

 

 

8.1

 

 

 

358.8

 

 

 

410.4

 

 

 

5.1

 

 

 

415.5

 

 

 

 

1,221.7

 

 

 

41.0

 

 

 

1,262.7

 

 

 

1,022.1

 

 

 

22.2

 

 

 

1,044.3

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

1,223.4

 

 

 

14.8

 

 

 

1,238.2

 

 

 

1,333.1

 

 

 

13.7

 

 

 

1,346.8

 

Italy

 

 

440.9

 

 

 

13.4

 

 

 

454.3

 

 

 

458.1

 

 

 

11.0

 

 

 

469.1

 

Other Southern Europe

 

 

495.9

 

 

 

13.0

 

 

 

508.9

 

 

 

595.6

 

 

 

10.9

 

 

 

606.5

 

 

 

 

2,160.2

 

 

 

41.2

 

 

 

2,201.4

 

 

 

2,386.8

 

 

 

35.6

 

 

 

2,422.4

 

Northern Europe

 

 

988.7

 

 

 

38.4

 

 

 

1,027.1

 

 

 

1,159.1

 

 

 

31.4

 

 

 

1,190.5

 

APME

 

 

580.5

 

 

 

23.2

 

 

 

603.7

 

 

 

598.3

 

 

 

21.6

 

 

 

619.9

 

 

 

 

4,951.1

 

 

 

143.8

 

 

 

5,094.9

 

 

 

5,166.3

 

 

 

110.8

 

 

 

5,277.1

 

Intercompany Eliminations

 

 

 

 

 

 

 

 

(20.8

)

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

$

5,074.1

 

 

 

 

 

 

 

 

$

5,277.1

 

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Services
transferred
over time

 

 

Services
transferred
at a point
in time

 

 

Total

 

 

Services
transferred
over time

 

 

Services
transferred
at a point
in time

 

 

Total

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

1,729.8

 

 

$

63.5

 

 

$

1,793.3

 

 

$

1,206.4

 

 

$

31.2

 

 

$

1,237.6

 

Other Americas

 

 

705.7

 

 

 

14.9

 

 

 

720.6

 

 

 

800.6

 

 

 

9.0

 

 

 

809.6

 

 

 

 

2,435.5

 

 

 

78.4

 

 

 

2,513.9

 

 

 

2,007.0

 

 

 

40.2

 

 

 

2,047.2

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

2,400.4

 

 

 

30.2

 

 

 

2,430.6

 

 

 

2,510.0

 

 

 

25.7

 

 

 

2,535.7

 

Italy

 

 

873.3

 

 

 

26.0

 

 

 

899.3

 

 

 

851.6

 

 

 

20.3

 

 

 

871.9

 

Other Southern Europe

 

 

1,039.2

 

 

 

26.2

 

 

 

1,065.4

 

 

 

1,154.5

 

 

 

20.6

 

 

 

1,175.1

 

 

 

 

4,312.9

 

 

 

82.4

 

 

 

4,395.3

 

 

 

4,516.1

 

 

 

66.6

 

 

 

4,582.7

 

Northern Europe

 

 

2,045.9

 

 

 

75.7

 

 

 

2,121.6

 

 

 

2,266.9

 

 

 

57.4

 

 

 

2,324.3

 

APME

 

 

1,177.6

 

 

 

44.3

 

 

 

1,221.9

 

 

 

1,206.2

 

 

 

41.1

 

 

 

1,247.3

 

 

 

 

9,971.9

 

 

 

280.8

 

 

 

10,252.7

 

 

 

9,996.2

 

 

 

205.3

 

 

 

10,201.5

 

Intercompany Eliminations

 

 

 

 

 

 

 

 

(35.3

)

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

$

10,217.4

 

 

 

 

 

 

 

 

$

10,201.5