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Revenue Recognition
9 Months Ended
Sep. 30, 2019
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 September 30, 2019, 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 $36.8 at September 30, 2019 and $42.8 at December 31, 2018. The decrease is due to $41.5 of revenues recognized related to amounts that were included in the December 31, 2018 balance, partially offset by payments or amounts due in advance of satisfying our performance obligations in the nine months ended September 30, 2019.

In the following table, revenue is disaggregated by service types for each of our reportable segments. See Note 3 to the Consolidated Financial Statements in our 2018 Annual Report on Form10-K for descriptions of revenue service types.

 

 

 

3 Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

 

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

 

$

564.5

 

 

$

33.5

 

 

$

25.2

 

 

$

22.5

 

 

$

645.7

 

 

$

556.1

 

 

$

31.5

 

 

$

23.7

 

 

$

21.9

 

 

$

633.2

 

Other Americas

 

 

404.6

 

 

 

12.5

 

 

 

6.7

 

 

 

1.2

 

 

 

425.0

 

 

 

388.1

 

 

 

11.4

 

 

 

6.1

 

 

 

1.2

 

 

 

406.8

 

 

 

 

969.1

 

 

 

46.0

 

 

 

31.9

 

 

 

23.7

 

 

 

1,070.7

 

 

 

944.2

 

 

 

42.9

 

 

 

29.8

 

 

 

23.1

 

 

 

1,040.0

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

1,309.8

 

 

 

56.6

 

 

 

12.1

 

 

 

3.6

 

 

 

1,382.1

 

 

 

1,390.0

 

 

 

53.3

 

 

 

12.7

 

 

 

4.6

 

 

 

1,460.6

 

Italy

 

 

354.9

 

 

 

10.2

 

 

 

8.1

 

 

 

3.4

 

 

 

376.6

 

 

 

386.5

 

 

 

11.5

 

 

 

8.0

 

 

 

4.2

 

 

 

410.2

 

Other Southern Europe

 

 

494.1

 

 

 

82.0

 

 

 

15.4

 

 

 

1.4

 

 

 

592.9

 

 

 

370.2

 

 

 

72.8

 

 

 

13.5

 

 

 

4.3

 

 

 

460.8

 

 

 

 

2,158.8

 

 

 

148.8

 

 

 

35.6

 

 

 

8.4

 

 

 

2,351.6

 

 

 

2,146.7

 

 

 

137.6

 

 

 

34.2

 

 

 

13.1

 

 

 

2,331.6

 

Northern Europe

 

 

1,037.2

 

 

 

78.0

 

 

 

33.6

 

 

 

7.8

 

 

 

1,156.6

 

 

 

1,138.8

 

 

 

104.3

 

 

 

36.6

 

 

 

7.4

 

 

 

1,287.1

 

APME

 

 

505.3

 

 

 

76.6

 

 

 

36.5

 

 

 

3.5

 

 

 

621.9

 

 

 

582.4

 

 

 

75.4

 

 

 

51.8

 

 

 

3.4

 

 

 

713.0

 

Right Management

 

 

 

 

 

10.8

 

 

 

 

 

 

37.3

 

 

 

48.1

 

 

 

 

 

 

12.2

 

 

 

 

 

 

34.8

 

 

 

47.0

 

Total

 

$

4,670.4

 

 

$

360.2

 

 

$

137.6

 

 

$

80.7

 

 

$

5,248.9

 

 

$

4,812.1

 

 

$

372.4

 

 

$

152.4

 

 

$

81.8

 

 

$

5,418.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9 Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

 

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

 

$

1,644.5

 

 

$

97.6

 

 

$

72.2

 

 

$

65.9

 

 

$

1,880.2

 

 

$

1,658.4

 

 

$

95.4

 

 

$

69.9

 

 

$

66.3

 

 

$

1,890.0

 

Other Americas

 

 

1,182.8

 

 

 

36.5

 

 

 

18.7

 

 

 

3.2

 

 

 

1,241.2

 

 

 

1,168.6

 

 

 

34.9

 

 

 

18.6

 

 

 

3.0

 

 

 

1,225.1

 

 

 

 

2,827.3

 

 

 

134.1

 

 

 

90.9

 

 

 

69.1

 

 

 

3,121.4

 

 

 

2,827.0

 

 

 

130.3

 

 

 

88.5

 

 

 

69.3

 

 

 

3,115.1

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

3,880.0

 

 

 

170.6

 

 

 

40.2

 

 

 

12.9

 

 

 

4,103.7

 

 

 

4,171.4

 

 

 

167.6

 

 

 

42.1

 

 

 

16.0

 

 

 

4,397.1

 

Italy

 

 

1,050.1

 

 

 

31.4

 

 

 

28.7

 

 

 

16.3

 

 

 

1,126.5

 

 

 

1,187.4

 

 

 

35.8

 

 

 

27.4

 

 

 

16.2

 

 

 

1,266.8

 

Other Southern Europe

 

 

1,313.0

 

 

 

245.3

 

 

 

45.6

 

 

 

6.9

 

 

 

1,610.8

 

 

 

1,132.7

 

 

 

227.1

 

 

 

42.1

 

 

 

11.8

 

 

 

1,413.7

 

 

 

 

6,243.1

 

 

 

447.3

 

 

 

114.5

 

 

 

36.1

 

 

 

6,841.0

 

 

 

6,491.5

 

 

 

430.5

 

 

 

111.6

 

 

 

44.0

 

 

 

7,077.6

 

Northern Europe

 

 

3,141.4

 

 

 

254.2

 

 

 

109.9

 

 

 

24.0

 

 

 

3,529.5

 

 

 

3,628.0

 

 

 

320.2

 

 

 

126.1

 

 

 

23.6

 

 

 

4,097.9

 

APME

 

 

1,670.7

 

 

 

219.5

 

 

 

130.3

 

 

 

10.2

 

 

 

2,030.7

 

 

 

1,781.1

 

 

 

212.8

 

 

 

152.8

 

 

 

11.3

 

 

 

2,158.0

 

Right Management

 

 

 

 

 

33.2

 

 

 

 

 

 

111.1

 

 

 

144.3

 

 

 

 

 

 

36.2

 

 

 

 

 

 

113.2

 

 

 

149.4

 

Total

 

$

13,882.5

 

 

$

1,088.3

 

 

$

445.6

 

 

$

250.5

 

 

$

15,666.9

 

 

$

14,727.6

 

 

$

1,130.0

 

 

$

479.0

 

 

$

261.4

 

 

$

16,598.0

 

 

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

 

 

 

3 Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

 

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

 

$

632.1

 

 

$

13.6

 

 

$

645.7

 

 

$

620.4

 

 

$

12.8

 

 

$

633.2

 

Other Americas

 

 

420.4

 

 

 

4.6

 

 

 

425.0

 

 

 

402.2

 

 

 

4.6

 

 

 

406.8

 

 

 

 

1,052.5

 

 

 

18.2

 

 

 

1,070.7

 

 

 

1,022.6

 

 

 

17.4

 

 

 

1,040.0

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

1,370.8

 

 

 

11.3

 

 

 

1,382.1

 

 

 

1,448.5

 

 

 

12.1

 

 

 

1,460.6

 

Italy

 

 

369.3

 

 

 

7.3

 

 

 

376.6

 

 

 

402.8

 

 

 

7.4

 

 

 

410.2

 

Other Southern Europe

 

 

580.1

 

 

 

12.8

 

 

 

592.9

 

 

 

449.7

 

 

 

11.1

 

 

 

460.8

 

 

 

 

2,320.2

 

 

 

31.4

 

 

 

2,351.6

 

 

 

2,301.0

 

 

 

30.6

 

 

 

2,331.6

 

Northern Europe

 

 

1,127.4

 

 

 

29.2

 

 

 

1,156.6

 

 

 

1,255.9

 

 

 

31.2

 

 

 

1,287.1

 

APME

 

 

600.3

 

 

 

21.6

 

 

 

621.9

 

 

 

678.0

 

 

 

35.0

 

 

 

713.0

 

Right Management

 

 

48.1

 

 

 

-

 

 

 

48.1

 

 

 

47.0

 

 

 

-

 

 

 

47.0

 

Total

 

$

5,148.5

 

 

$

100.4

 

 

$

5,248.9

 

 

$

5,304.5

 

 

$

114.2

 

 

$

5,418.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9 Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

 

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

 

$

1,839.9

 

 

$

40.3

 

 

$

1,880.2

 

 

$

1,851.5

 

 

$

38.5

 

 

$

1,890.0

 

Other Americas

 

 

1,228.3

 

 

 

12.9

 

 

 

1,241.2

 

 

 

1,212.0

 

 

 

13.1

 

 

 

1,225.1

 

 

 

 

3,068.2

 

 

 

53.2

 

 

 

3,121.4

 

 

 

3,063.5

 

 

 

51.6

 

 

 

3,115.1

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

4,066.0

 

 

 

37.7

 

 

 

4,103.7

 

 

 

4,356.6

 

 

 

40.5

 

 

 

4,397.1

 

Italy

 

 

1,100.0

 

 

 

26.5

 

 

 

1,126.5

 

 

 

1,241.2

 

 

 

25.6

 

 

 

1,266.8

 

Other Southern Europe

 

 

1,572.9

 

 

 

37.9

 

 

 

1,610.8

 

 

 

1,378.3

 

 

 

35.4

 

 

 

1,413.7

 

 

 

 

6,738.9

 

 

 

102.1

 

 

 

6,841.0

 

 

 

6,976.1

 

 

 

101.5

 

 

 

7,077.6

 

Northern Europe

 

 

3,433.9

 

 

 

95.6

 

 

 

3,529.5

 

 

 

3,989.9

 

 

 

108.0

 

 

 

4,097.9

 

APME

 

 

1,947.4

 

 

 

83.3

 

 

 

2,030.7

 

 

 

2,056.4

 

 

 

101.6

 

 

 

2,158.0

 

Right Management

 

 

144.3

 

 

 

-

 

 

 

144.3

 

 

 

149.4

 

 

 

-

 

 

 

149.4

 

Total

 

$

15,332.7

 

 

$

334.2

 

 

$

15,666.9

 

 

$

16,235.3

 

 

$

362.7

 

 

$

16,598.0