Segment Information

6 Months Ended

Apr. 30, 2011

Segment Information [Abstract]

Segment Information

13. Segment Information

The Company is organized into four reportable operating segments, Janitorial, Engineering, Parking and Security, which are summarized as follows:

	Three Months Ended						Six Months Ended
	April 30,						April 30,
(in thousands)	2011			2010			2011			2010
Revenues
Janitorial	$	590,254		$	566,275		$	1,184,860		$	1,142,333
Engineering		229,197			93,961			421,845			191,333
Parking		156,127			114,003			308,993			226,591
Security		84,138			80,712			172,894			164,309
Corporate		367			510			660			779
	$	1,060,083		$	855,461		$	2,089,252		$	1,725,345
Operating profit
Janitorial	$	34,934		$	28,859		$	64,798		$	62,660
Engineering		6,842			5,022			14,292			10,297
Parking		4,894			5,184			9,628			10,210
Security		897			941			2,198			2,287
Corporate		(21,068	)		(24,457	)		(47,501	)		(47,699	)
Operating profit		26,499			15,549			43,415			37,755
Other-than-temporary impairment losses on auction rate security:
Gross impairment losses		—			(101	)		—			(36	)
Impairments recognized in other comprehensive income		—			(26	)		—			(91	)
Income from unconsolidated affiliates, net		832			—			1,619
Interest expense		(4,317	)		(1,177	)		(8,363	)		(2,392	)
Income from continuing operations before income taxes	$	23,014		$	14,245		$	36,671		$	35,236

Effective November 1, 2010, the Company changed the management reporting responsibility for a subsidiary from the Janitorial segment to the Engineering segment. Amounts for the three and six months ended April 30, 2010 have been retrospectively adjusted to reflect this organizational change. The impact of the organizational change on the reported results for the three and six months ended April 30, 2010 was a reclassification of $7.8 million of revenues and $0.2 million of operating profit and $15.8 million of revenues and $0.4 million of operating profit, respectively, from the Janitorial segment to the Engineering segment.

Most Corporate expenses are not allocated. Such expenses include current actuarial developments of self-insurance reserves relating to claims incurred in prior years, certain legal costs and settlements, certain information technology costs, share-based compensation costs, direct acquisition costs, severance costs associated with acquisitions, and certain chief executive officer and other finance and human resource department costs.